While challenges remain, Ripple’s victory has set a precedent that could shape the future of the cryptocurrency industry for years to come.
The latest on-chain data is showing that long-dormant Bitcoin (BTC) wallets are awakening after over a decade of inactivity. The whale-surveying platform Whale Alert says on the social media platform X that an ancient crypto wallet containing 25 BTC worth $1.43 million at time of writing has been activated after 10.6 years of slumber. According […]
While the U.S. recently marked the longest period of inverted bond yields in history, surpassing two years, data indicates that a total of 26 countries now have an inverted yield curve. Investors and economists closely monitor yield curve inversions, as they have historically signaled an increased likelihood of economic recessions. From the U.S. to Europe: […]
One hour ago, wallet 0x3dfe (icrypto.ai/wallet/0x3dfed…) withdrew 2.5 million $RNDR, valued at $14.96 million, from OKX and transferred the entire amount through Wormhole to swap to the Solana chain just 10 minutes ago. This significant movement occurs in the context of $RNDR undergoing a migration to $RENDER. The token migration updates reveal that major exchanges […]
Dormant Bitcoin wallet reactivated recently, with almost 7,000% profit as BTC price remains down, moving in bearish pattern
Analysts at JPMorgan say the cryptocurrency may overcome its price inertia in August. Meanwhile, the leading cryptocurrently recently traded a bit …
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets.
Two of the largest banks in the US are declaring a loss on a staggering $3.5 billion in debts that customers can’t pay back. JPMorgan Chase says its net charge-offs, which are delinquent debts that banks do not expect to receive, hit $2.2 billion in the second quarter of the year. That’s a $200 million […]
Amid the growing market anxiety, a ray of hope emerged for cryptocurrency investors relying on Fetch.ai (FET). A renowned crypto expert predicts that after a dramatic 28% drop over the past month, the coin is set to have a huge comeback. Fetch.ai Shows Resilience Although unpredictability has haunted the crypto space, Fetch.ai has surprisingly survived […]
According to a recent survey by CoinGecko, only about half of investors are actually bullish about the current crypto market. The study, which featured 2,558 people, was conducted over the last two weeks, from June 25 to July 8. Crypto Investors Lead Bullish Outlook The CoinGecko report highlights that 49.3% of crypto participants are still […]
Current data from the Crypto Fear and Greed Index (CFGI) indicates that crypto sentiment has been in a state of “extreme fear” for the past two days. According to Alternative.me’s CFGI, the sentiment scored 25 out of 100 in the daily readings on Friday and Saturday. CFGI Reports ‘Extreme Fear’ Over the Past 48 Hours […]
This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Halvings are always looked at as seminal events, a demarking of the end of one era and the beginning of a new one. In the same way that Americans come out of the woodwork to clamor […]
Two US lawmakers are moving a resolution that demands Nigerian authorities release an imprisoned high-ranking Binance executive. Republicans French Hill of Arizona and Rich McCormick of Georgia authored a resolution that calls for the immediate release of Binance’s head of financial crime compliance Tigran Gambaryan. Gambaryan, a US citizen, has been held in custody in Nigeria […]
As the trading start of the ETH ETF nears, institutional interest in Ethereum is set to rise. On-chain reports indicate significant accumulation of Ethereum ecosystem tokens by whales and institutions. A recent activity highlights aavebank.eth withdrawing a substantial amount of tokens from Binance, including 21,027 $AAVE ($1.98M), 205,493 $UNI ($1.62M), 446 $ETH ($1.37M), 102,313 $LINK […]
Are crypto investors ready for altcoin bull run?
What is cryptocurrency? … Cryptocurrency is a type of digital asset used for electronic transactions. Instead of operating through a centralized bank …
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek.
Amid the market slowdown, crypto analysts believe Ethereum (ETH) might be ready to retest key resistance levels again. Meanwhile, investors are expectant about the second-largest cryptocurrency performance as the final approval of spot ETH ETFs (exchange-traded funds) approaches. Is Ethereum ETFs Approval Already Priced In? The upcoming approval of spot Ethereum ETFs has crypto investors […]
The Security and Exchange Commission’s accounting bulletin 121 (SAB 121) requires companies, including banks, to hold crypto assets for clients as a liability on their balance sheets. This makes it inefficient for large banks to offer crypto custody services. Both the House and Senate passed a bipartisan Congressional Review Act (CRA) resolution to nullify this guidance, […]
Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload the stake well before the August 11 deadline for reporting […]
Former president Donald Trump is slated to attend a major Bitcoin (BTC) event as he continues to attempt to woo voters from the crypto community. In a post on social media platform X, the organizers of Bitcoin 2024 say that the Republican presidential candidate will speak at the conference, which will be held in Nashville, […]
Cryptocurrency market might finally see reversal thanks to these five major factors
As Rayn Rashid reports, Cryptocurrency in Canada is on the rise but some Canadians have doubts about the risks and volatility in such markets.
MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government.
According to data from iCrypto.ai, there is significant buying pressure from Smart Money for $MOCA. The Moca_Network token began trading at 12:00 UTC+0 yesterday on prominent exchanges including Bybit, Gate, Uniswap, Bitget, and Kucoin. Notable activities observed by iCrypto include strategic airdrops and substantial deposits. One wallet, 0xe0de, received an airdrop of 1.3 million $MOCA, […]
The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate attempts from bulls to keep the price up. Even then, one crypto analyst does not […]
A key indicator that predated a 400% altcoin rally is once again flashing bullish, according to the co-founders of market intelligence firm Glassnode. In a new thread, Glassnode co-founders Jan Happel and Yann Allemann – who go by the handle Negentropic – tell their 63,300 followers on the social media platform X that investors are […]
Germany’s on-chain Bitcoin wallet balance has officially reached zero, according to Arkham Intelligence, meaning sell pressure from the European economic powerhouse is likely at or near its end. The wallet’s latest outflows bring an end to a bearish narrative that’s hung over the crypto market for weeks, at a time when on-chain indicators are signaling […]
Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF update, 60% (88 jurisdictions) have decided to permit virtual asset service providers (VASPs), while 14% (20 jurisdictions) explicitly prohibit them. The FATF […]
The German government officially has zero BTC left after weeks of dumping its reserves onto the market, keeping the price below $60,000.
Cardano price shows ultra-bullish behavior while no one notices
… cryptocurrency traders worldwide … /BMTEX Exchange/ – In an era of rapid digital asset development, cryptocurrency trading has become a popular choice …