The recently approved Hong Kong Bitcoin spot ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 total spot Bitcoin and Ethereum ETFs last week. NEW: 🇭🇰 Opening ceremony of Hong Kong spot #Bitcoin ETFs 👏 pic.twitter.com/ux1eb5PqRn — Bitcoin Magazine (@BitcoinMagazine) April 30, […]

Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a notable resurgence in its bullish momentum, with the Bitcoin price reclaiming the crucial $61,000 threshold.  This recovery follows a week-long downtrend that led to a 20% drop to $56,000 on Wednesday. As the bullish momentum returns, the possibility of further testing upper resistance levels […]

JPMorgan Chase, Bank of America and Citibank are keeping trillions of dollars in unknown and potentially risky assets off of their balance sheets, according to new data from the US government. The new numbers – compiled by the Federal Financial Institutions Examination Council (FFIEC) and first reported on by Wall Street on Parade – show JPMorgan […]

HodlX Guest Post  Submit Your Post   The DeFi (decentralized finance) market has staged an impressive comeback over the past 12 months – with the TVL (total value locked) across all protocols doubling to $93 billion. Meanwhile, excitement surrounding the capabilities of generative AI continues to build. A Bloomberg report suggests this industry could be worth […]

TL;DR Tether, the issuer of the world’s largest stablecoin, USDT, has partnered with Chainalysis to monitor secondary market activity and combat illicit transactions. This collaboration aims to enhance oversight within the digital asset space by systematically tracking transactions involving USDT beyond direct trading with Tether. Tether has developed new tools that allow it to identify wallets that may pose […]

TL;DR Michael Saylor predicts that the SEC will classify Ethereum as a security this summer. This would result in the rejection of spot ETF applications. Other cryptocurrencies could face the same fate. The CEO emphasized Bitcoin’s position as the only cryptocurrency with full institutional acceptance, describing it as a universal institutional crypto asset without competition. […]

We do the research, you get the alpha! Go to Alpha Reports Bitcoin leaped over $61,000 in the hour that followed the release of a government employment report. At time of publication, the price of Bitcoin is around $61,640, up 5.2% on the day, according to data from CoinGecko. Bitcoin’s price surge followed the U.S. […]

We do the research, you get the alpha! Go to Alpha Reports When the Bitcoin price tanks, traders tend to take cover and look for signs that the market has reached bottom and will reverse its trajectory. To that end, Bitcoin billionaire and former BitMEX CEO Arthur Hayes has some cautious optimism to share. “While […]

BlockDAG, Dubbed ‘Kaspa Killer’, is Set to Launch Its X1 App Beta Version By June 1st, 2024, Beating Ethereum (ETH) Price Trend As June 1, 2024, approaches, the cryptocurrency community is buzzing with anticipation for the release of BlockDAG’s X1 App Beta version. This innovative app introduces a unique, energy-efficient mining consensus algorithm that promises […]

Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment, fueled by the issuance of unlimited debt and the loss of trust in […]

Pepe price rocketing despite overall market pessimism; BONK, WIF also top gainers

A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors.

Crypto hackers have claimed another major victim, fooling him into sending $68 million to a wallet he thought was somebody else’s. Blockchain data indicates that a once-wealthy Ethereum user lost all of his Bitcoin holdings after hackers contaminated a recipient’s wallet history. The user now holds just $1.6 million in crypto at his address. The […]

Closely followed quant analyst PlanB believes that Bitcoin (BTC) can reach six figures before the end of 2024. In a new strategy session, the on-chain analyst tells his 157,000 YouTube subscribers that based on prior history, Bitcoin’s price is likely to double the current value to restore BTC miners’ revenue losses due to the April […]

MultiBank Group, a digital asset exchange, is introducing MultiBank.io, a cutting-edge, cryptocurrency derivatives trading platform.

Fidelity, a major financial services firm, says pension funds are starting to explore investing in Bitcoin, particularly after the approval of spot Bitcoin exchange-traded funds earlier this year. BREAKING: Wall Street giant Fidelity says pension funds are beginning to explore #Bitcoin and crypto Gradually, then suddenly 🚀 pic.twitter.com/8vBz4Bf02t — Bitcoin Magazine (@BitcoinMagazine) May 3, 2024 Fidelity has […]

On-chain data shows that many old coins have moved on the XRP network recently, a sign that proved to be bearish for the coin last time. XRP Age Consumed Metric Has Registered A Large Spike According to data from the on-chain analytics firm Santiment, XRP has just observed a large movement of dormant coins similar […]

Altcoins showed impressive double-digit gains after Bitcoin bulls successfully pulled BTC price back above the $61,000 level.

The Argentine Chamber of Deputies passed a series of cryptocurrency tax opportunities for citizens holding undeclared assets in foreign countries as part of reintroducing the “Omnibus law.” The bill, which was dropped in February, has now been reintroduced and approved by the lower house and is expected to be discussed by the Senate in the […]

Michael Saylor settles ETH, XRP and ADA securities debate

TL;DR Shibarium, the layer 2 network of Shiba Inu, successfully completed its hard fork on May 2, offering lightning-fast transactions and predictable gas fees. The hard fork introduces fundamental changes in the network’s software, making the network more affordable and accessible for users. In addition to improving usability and performance, the update aims to foster […]

TL;DR Notable increase in VC investments for cryptocurrency startups in the first quarter of 2024. Predominance of startups in early stages, with 80% of investments directed towards them. Influence of Bitcoin, innovations and macroeconomic factors on investment activity. The first quarter of 2024 marked a major rebound in venture capital investment in cryptocurrency and blockchain […]

We do the research, you get the alpha! Go to Alpha Reports Bitcoin is back up again—and those betting on the price of the asset going down are hurting. In the past 24 hours, nearly $100 million in short positions for all cryptocurrencies have been liquidated, CoinGlass data shows, with the current tally sitting just […]

The recent decision by the Federal Open Market Committee (FOMC) to maintain US interest rates within the 5.25% to 5.50% range, a status quo held since July 2023, has elicited mixed reactions within the cryptocurrency community. While unchanged rates would typically be cause for celebration in traditional markets, many in the crypto sphere were actually […]

The U.S. Department of Justice (DOJ) has just announced the indictment of a New York man who allegedly ran a multi-year Ponzi scheme that swindled millions from investors in the US and abroad. In a statement, the Justice Department says that Idin Dalpour has been charged with one count of wire fraud in connection with […]

People are once again pulling their money out of the US banking system. The latest data from the Federal Reserve Economic Data (FRED) system shows total deposits in all commercial banks fell $133.163 billion in seven days, from $17.580 trillion on April 10th to $17.446 trillion on April 17th. The new numbers have erased gains that […]

On April 29, Dutch law enforcement arrested a man believed to be connected to the fraudulent activities associated with the ZKasino internet gambling platform. During the operation, authorities confiscated assets valued at approximately 11.4 million euros ($12.2 million), including cryptocurrency, real estate, and luxury vehicles. Dutch Authorities Seize Millions in Assets According to a Fiscal […]

The price of the world's largest cryptocurrency could catapult to $120,000 in the current bull cycle, according to Austin Arnold, …

“The institutions are coming.” Anyone who’s been in the Bitcoin space for any significant period of time has heard some prominent figure within the space utter this phrase. In August 2020, when MicroStrategy, an American-based business software company, announced it would be purchasing bitcoin to add it to its treasury, many thought that was the […]

Fantom (FTM) had initially reclaimed the $1 level back in March and expectations were that the coin would rise to $2. But that was before the market crash sent prices spiraling, and Fantom lost almost 50% of its value during this time. However, all hope is not lost of for the coin, as one crypto […]

His commentary touched on the zkSnacks shutdown, free speech and the proper treatment of farm animals.

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