[PRESS RELEASE – Sollefteå, Sweden, December 20th, 2023] The Gaming Landscape: An Ongoing Struggle Gaming, an essential part of global culture, connects over a billion people worldwide through entertainment, escape, and social interaction. However, within this vast realm of gaming platforms and titles, a perpetual battle for dominance, revenue, and player engagement persists. Gamers encounter […]
Solana (SOL), fifth largest cryptocurrency by market cap, has increased in value in recent weeks
A closely followed trader says we “haven’t seen anything yet” as far as a crypto bull run, and is anticipating rallies for several altcoin projects. Pseudonymous trader Criptopaul tells his 145,000 followers on the social media platform X that digital assets are edging toward a “parabolic phase” which will likely begin by Ethereum (ETH) outperforming […]
Binance’s African regional manager is on the run from Nigerian authorities as the country targets the crypto exchange with tax evasion charges. Earlier this month, two Binance executives were detained against their will in Abuja, Nigeria. According to reports, Tigran Gambaryan, a former US federal agent who led the criminal investigations team at Binance, and Nadeem Anjarwalla, […]
Roger Ver, an early Bitcoin investor, has decided to continue supporting Bitcoin Cash (BCH) over Bitcoin (BTC) despite an invitation from Blockstream CEO Adam Back to rejoin the Bitcoin community. Ver criticizes layer two blockchain solutions, like Back’s Liquid Network, as centralized or unreliable, maintaining that bitcoin cash more closely aligns with the original vision […]
Cryptocurrency price on March 26 quick take: The global market cap rose to $2.55 trillion.
Bakkt, a cryptocurrency platform backed by the New York Stock Exchange (NYSE) owner, has closed the final quarter of 2023 with a revenue of $214.5 million. With this, the annual revenue came in at $780.1 million, thus strengthening the firm’s cash reserves and minimizing the concerns over continuing its operations. Strong Numbers for 2023 According […]
Introduction Names can be both liberating and confining. When mankind gives something a name, we mark it with a label that helps us discuss our shared environment and experience. At the same time, a label can obscure something in preconceived notions. Labels can make it more difficult for us collectively to understand what something is. […]
Rekt Capital, a cryptocurrency expert and enthusiast, has identified a similar pattern between the recent Bitcoin pre-halving retrace and the one that took place in 2020 before the crypto asset witnessed an upsurge to its previous all-time high. Bitcoin Pullback Is Almost Identical With 2020 Pre-Halving Retrace Bitcoin, the largest cryptocurrency asset, is presently demonstrating […]
Do Kwon has been released from a Montenegrin prison as he completes his sentence for travelling with falsified documents. The Montenegrin court is still deliberating on whether to honour the extradition request from the US or South Korea. Meanwhile, the SEC has taken Terraform Labs to court in a civil lawsuit worth billions of dollars. […]
Bitcoin’s price finally went on a roll as the US ETF inflows turned positive, and the cryptocurrency jumped to its highest price in about ten days of over $71,000. The altcoins have also turned green, with ETH nearing $3,700, while DOGE and SHIB are up by 7% each. Bitcoin’s Resurgence Last week was quite harmful […]
A woman who converted Bitcoin (BTC) into luxury houses and jewelry has reportedly been found guilty of engaging in a money laundering arrangement. BBC reports that Jian Wen, a Chinese national and a resident of Hendon, North London, was convicted at the Southwark Crown Court on Monday. In 2017, the 42-year-old woman posed as an […]
Last week, the digital asset market experienced a significant shift as CoinShares reported a record outflow of $942 million from investment products. This marked a departure from seven consecutive weeks of inflows, indicating a notable change in investor sentiment. According to CoinShares, last week saw a record outflow of $942 million from digital asset investment […]
XRP triggers inflows as Bitcoin sees staggering $904 million in outflows
A senior executive at Binance, who was detained by Nigerian authorities in late February, has since escaped from custody. The executive Nadeem Anjarwalla is believed to have left the country using a Kenyan passport. The Nigerian government confirmed Anjarwalla’s escape and said it would ask Interpol to issue an international arrest warrant. Binance Executive Departs […]
Lawmakers should provide regulatory certainty for the growing cryptocurrency industry.
TL;DR A downward trend in key metrics of Shibarium, such as daily transfer counts and the SHIB burn rate. Implementation of tests and updates in Shibarium contributing to a decrease in network activity. Shibarium reaches a new all-time high in its total value locked (TVL) thanks to the successful launch of DAMN on WoofSwap and […]
TL;DR Long-term Bitcoin investors have sold a significant amount of BTC in the last 30 days. Transactions with large amounts of ancient coins have recently occurred on the Bitcoin network. The long-term holders net position change metric has reached -669,000 BTC in the last month. Since the inception of Bitcoin (BTC), long-term investors, known as […]
The Securities and Exchange Commission (SEC) of the Philippines has blocked the cryptocurrency giant Binance. This action was taken after the exchange was found to be operating an investment and trading platform without the necessary license, raising concerns about the security of investors’ funds. The commission approved the filing of a formal request with the […]
Bitcoin, the world’s most valuable coin, is once again deviating from historical norms. According to an analysis by one crypto analyst, the coin is in the “overbought” territory of the Relative Strength Index (RSI) for the first time in the lead-up to halving. The RSI is a popular technical indicator analysts use to gauge the price momentum […]
A closely followed crypto analyst believes one decentralized video-streaming altcoin project is about to go on a massive rally. Pseudonymous trader Kaleo tells his 632,300 followers on the social media platform X that Theta Network (THETA), a platform for decentralized video delivery, could soar by more than 200% as the social finance (SoFi) space finds […]
The head of blockchain analytics platform CryptoQuant says that Bitcoin (BTC) could dip to a “max pain” price range before the bull market is able to continue. Ki Young Ju tells his 340,000 followers on the social media platform X that the net inflows of capital to spot Bitcoin exchange-traded funds (ETFs) have cooled off, […]
TL;DR The cryptocurrency market is thriving, with notable gains in Bitcoin, Ethereum, and particularly Shiba Inu (SHIB). Shibarium’s performance and a substantial increase in SHIB’s daily transaction volume hint at a bullish future for the asset, supported by optimistic price predictions from analysts. The cryptocurrency market has started booming again in the past several hours, […]
The multi-year court case between Ripple and the SEC may be drawing closer to a conclusion, with the SEC requesting Ripple pay USD $2B in fines. Ripple’s CEO suggested that such an absurdly high figure was unprecedented, and that his company was being made an example out of. The crypto community echoed this sentiment, with […]
Messages associated with Polkadot-based meme coin jumped into top 10 on X
The native token of the FSL ecosystem, GMT, witnessed a remarkable surge of 11% in value today, accompanied by a surge in trading volume exceeding 370%. This surge in activity has drawn attention to on-chain reports from Spotonchain, shedding light on significant movements within the GMT ecosystem. Fresh wallet 0xc7e emerged as a prominent player […]
The Philippines has proceeded to block crypto exchange Binance. The country’s Securities and Exchange Commission (SEC) has concluded that the public’s continued access to Binance’s websites and apps “poses a threat to the security of the funds of investing Filipinos.” The Philippine SEC Warns Against ‘Investing in and Using Binance’ The Philippine Securities and Exchange […]
SEC Reportedly Targeted Ethereum. The SEC is pursuing an investigation to classify ether (ETH), the native cryptocurrency of the Ethereum network, as …
Digital assets manager CoinShares says institutions dumped a new weekly record of $942 million in crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says the new record outflow breaks a seven-week run of record-setting inflows. “Digital asset investment products saw record weekly outflows totaling US $942 million, the first outflow following […]
The Securities and Futures Commission of Hong Kong (SFC) has sounded the alarm against two dubious trading platforms, HKCEXP and EDY, today (Monday). In an official statement released on its website, the SFC cautioned investors about engaging with these platforms, citing suspicions of fraudulent activities. Allegations of False Claims and Withdrawal Woes According to the […]
How will governments function in a world that has transitioned from fiat to hyperbitcoinization? This is a question that I have thought about recently, and I wanted to think through what happens to governments on a Bitcoin standard. The questions I have are the following: how will governments fund themselves? How do your taxes work […]
Here’s what the latest trend in the Bitcoin Market Value to Realized Value (MVRV) ratio suggests about where the market is currently in terms of a top. Bitcoin MVRV Ratio Has Seen A Decline To The 2.34 Level According to data from the market intelligence platform IntoTheBlock, the BTC MVRV ratio surged high earlier this […]