Xai, the gaming-centric Ethereum network built on Arbitrum scaling technology, could add a heap of games by year’s end thanks to a new collaboration with a prominent indie gaming curator called The MIX. The MIX, or The Media Indie Exchange, says that it could launch more than 100 games on the layer-3 Xai network before […]

In the past 24 hours, the price of the popular memecoin BOME on the Solana network has taken a significant hit, dropping by nearly 50%. Consequently, its current market value has plummeted below the $500 million mark.  This downward trend hasn’t been exclusive to BOME, as other memecoins like PEPE, WIF, FLOKI, and BONK have […]

[PRESS RELEASE – London, United Kingdom, March 20th, 2024] Scorpion Casino ($SCORP), a leading GameFi platform, today announced it has surpassed $8 million raised in its ongoing presale. This significant milestone demonstrates the users’ confidence in Scorpion Casino’s innovative approach to online gaming. The presale funds will be used to further develop the Scorpion Casino […]

PRESS RELEASE. In a remarkable show of solidarity and community support, Slerf, in partnership with LBank, has initiated a donation campaign that has garnered extraordinary attention. Within just 12 hours of its launch, the campaign’s dedicated blockchain address, fCuw5ppJ9aZYzjm8EsT2fHwxV1h5JwUfqXM44iX3Pzb, has received over 2600 SOL, roughly valued at $500K USD. This address is publicly available on […]

BNB price rallied further above $600 before it faced sellers. The price corrected gains and now testing an important support at $500. BNB price started a downside correction from the $645 resistance zone. The price is now trading near $515 and the 100 simple moving average (4 hours). There is a key bearish trend line […]

BitMEX founder Arthur Hayes is turning bullish on three crypto projects during the current bull market cycle. In a new interview with Pomp Investments founder Anthony Pompliano, Hayes says the decentralized finance (DeFi) project Pendle (PENDLE), which allows users to tokenize and sell future yields, has a lot of upside potential as it innovates in […]

Cryptocurrency industry is seeing unparalleled growth and transaction volume

… cryptocurrency market. Despite the short-term fluctuations, many … This downturn mirrors the broader trend in the cryptocurrency market, characterized …

TL;DR Inflows to the BTC spot ETF peaked on March 12, but have since declined, coinciding with a drop in the spot price. A significant net outflow of -$326.2 million was recorded overnight, the largest to date. The FOMC meeting is expected to have repercussions on the BTC market, with speculation about possible changes to […]

TL;DR The next Bitcoin halving event is expected to occur on or around April 20, 2024, which will cut miners’ rewards in half from 6.25 to 3.125 Bitcoins per block. This event is designed to maintain Bitcoin’s scarcity and has historically had significant implications for Bitcoin’s price. Despite a nearly 15% drop from its latest […]

Robinhood has announced the official launch of its cryptocurrency wallet for Android users. This move is set to broaden access to digital currencies for millions of potential users globally. The expansion to Android comes approximately a year after the initial rollout of the Robinhood Wallet to iOS users worldwide. Android Crypto Wallet Escapes Beta The […]

Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine.  $500,000 is being granted across 14 different projects around the world focusing on global education, Lightning Network development, decentralized communications, and providing nonprofits and human rights groups with an easier onramp […]

Over $122 million has been raised for 27 different Solana-based projects’ presales in the last week, according to a recent investigation from blockchain sleuth ZachXBT. ZachXBT says that since March 12, more than 655,000 SOL worth about $122.5 million has been raised for various presales. Says the on-chain analyst, “I was interested to see how […]

Binance says it conducted an internal investigation after a trader made staggeringly large gains on a recently listed memecoin. The top global crypto exchange announced on Saturday that it was listing the Book of Meme (BOME), a Solana (SOL)-based coin launched by the art producer DarkFarms, who specializes in pieces based on Pepe the Frog, […]

Chances for the approval of Spot Ethereum ETFs are declining, with analysts citing a lack of engagement from regulators. Unlike their previous back-and-forth communication on Bitcoin ETFs, the SEC is signalling a stark difference in regulatory approach. At the same time, interest in Spot Bitcoin ETFs remains niche, primarily appealing to early adopters who are […]

Recent developments surrounding Jupiter (JUP) and Avalanche (AVAX) have captivated experts and enthusiasts alike. With significant expansions unfolding in these networks, the spotlight now turns towards Algotech (ALGT), as experts across industries predict its emergence as the next major success story. Will Algotech (ALGT) be the star of 2024’s ICO calendar? Stick around to find […]

TL;DR XRP keeps gaining support from notable exchanges. The asset’s price has slightly increased in the past 24 hours, contrasting with the broader market correction. XRP’s price might be down 15% on a weekly scale, but interest in the asset remains high. Most recently, it received backing from a leading cryptocurrency exchange, an effort that […]

A Nigerian high court has ordered Binance to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data relating to all Nigerian traders on its platform. The EFCC alleges it has discovered instances of price discovery, confirmation, and market manipulation on the Binance platform. Binance Violates Nigerian Anti-Money Laundering Laws In a fresh development […]

The decentralized finance (DeFi) ecosystem teetered on the brink of a meltdown yesterday as cascading liquidations swept through the market following a sharp drop in Ethereum (ETH) price. Over $5.4 million in collateralized assets were forcibly sold off in a 24-hour period, raising concerns about the stability of the DeFi house of cards. Ethereum, the […]

Positive inflows highlight growing appeal as investors seek exposure to assets other than Bitcoin

In the volatile world of cryptocurrency, even the most seasoned investors can face unexpected losses. A recent case highlights the risks involved when …

If you want to hold a large amount of bitcoin securely, it makes sense to investigate how the wealthiest bitcoin holders handle this task. While wealth doesn’t cause infallibility, these entities have the most to lose from making a mistake. They should be highly motivated to put substantial thought and research into the security of […]

A top Galaxy Digital executive thinks Bitcoin (BTC) will eventually reach $100,000 and beyond this market cycle. In a new interview with CNBC, Galaxy Digital’s Global Head of Trading Jason Urban says $100,000 for BTC is within the realm of possibility. Based on Galaxy Digital CEO Mike Novogratz’s $100,000 prediction and Standard Chartered’s recent $150,000 forecast, […]

TL;DR Galaxy Asset Management (GAM) recently surpassed $10 billion in assets under management (AUM). The increase in institutional interest in digital assets has been a key factor in GAM’s growth, with a 24.8% increase in February. GAM’s success is attributed to a variety of investment strategies, including the launch of the Invesco Galaxy Bitcoin ETF […]

TL;DR In the last 4 days, three smart Ethereum traders sold a significant amount of ETH, making substantial profits. The massive sale of ETH by these traders comes amid a drop in the price of Ethereum. The combined profits of the three traders amount to $39 million, suggesting a successful strategy of capitalizing on market […]

Bitcoin has experienced a sharp decline from its March 14 high of over $73,600 to today’s low of under $60,800, translating to a -17% loss in value. This significant drop has prompted a flurry of activity on social media platforms, particularly X (formerly Twitter), where crypto experts have been fervently discussing the potential reasons behind […]

At the Game Developers Conference on Tuesday, layer-1 blockchain network Saga announced the creation of a new game publishing division called Saga Origins. It also revealed a new mainnet launch target as the recent airdrop claim continues. The publishing arm will offer a “full service and collaborative approach” to bringing games to market, including support […]

Along with a post-peak Bitcoin price drop, the red-hot market for spot Bitcoin ETFs is apparently cooling as well. Bitcoin now is trading well below its 2021 all-time high of $69,044 despite flipping the market cap of silver and skyrocketing to new levels above $73,000 per coin last week. One reason? The massive amounts of […]

In the latest pre-halving meltdown, Floki’s volume decreased significantly and continued to correct lower. As a result, it lost almost 40% of its value in the last seven days, making it the current top loser in the market. When Floki started to increase in late February, the price went through several resistance levels and entered […]

Following his departure from the crypto exchange Binance last November, the company’s founder and former CEO Changpeng Zhao, also known as “CZ,” is looking to establish a non-revenue, free education project. The new venture targets underprivileged kids who have no access to education in developing countries. A Free, Online Education Platform for Children In an […]

A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal, spearheaded by the Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov, establishes different responsibilities for platform participants and the Central Bank of Russia, which is appointed as the main AML […]

Severity of correction we’ve witnessed turns out to be much higher than expected