After facing resistances under $120 in February, Sol successfully broke out last week and signalled a bullish continuation. It initiated more surges this week and is now prepared for another big move on the daily chart. The latest rise in Sol is traced back to the major rebound at the key $80 level held as […]

Barry Silbert's investments span various sectors of the cryptocurrency industry (Image: Freepik). Cryptocurrency, once considered a niche interest …

Hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH) and other crypto assets have been liquidated during the last 24 hours as BTC plunges back below its previous all-time high. New data from market intelligence platform Coinglass reveals that during the last day, $260 million worth of Bitcoin was liquidated, the overwhelming majority […]

The Securities and Futures Commission (SFC) of Hong Kong is adding crypto exchange Bybit to its list of suspicious virtual trading platforms. In a new statement, the financial regulator warns investors that Bybit is an unlicensed virtual asset trading platform (VATP). “The SFC cautions investors against investing with unlicensed entities. Investors may risk losing their […]

TL;DR Arbitrum will unlock over $2 billion in ARB tokens, which could spark a huge sell-off. The unlock represents 87% of ARB’s current circulating supply. Cryptocurrency investors and traders should be cautious about the possibility of a drop in ARB price. Arbitrum, a prominent platform in the Ethereum ecosystem, is scheduled to unlock over $2 […]

Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still […]

Satoshi-era miners are waking up from their sleep as Bitcoin reaches new all-time high

The top cryptocurrency exchange Binance has spun off its venture capital arm, Binance Labs, with a valuation of $10 billion. This move, orchestrated under the leadership of the exchange’s new CEO, Richard Teng, marks a notable shift in the company’s operations. Previously integrated into the broader Binance Group, Binance Labs will operate as an independent […]

TL;DR Analysts forecast a significant price increase for Shiba Inu, attributing it to its strong recent performance and a potential breakout above key resistance levels. Interest in SHIB is growing, as indicated by rising Google searches and advancements in its ecosystem, like the Shibarium layer-2 solution. 150% Price Surge on the Horizon? Shiba Inu’s price […]

MONETARY DEBASEMENT Debasement refers to the action or process of reducing the quality or value of something. When talking about fiat currencies, debasement traditionally refers to the practice of reducing the precious metal content in coins while keeping their nominal value the same, thereby diluting the coin’s intrinsic worth. In a modern context, debasement has […]

Shiba Inu is currently on a consolidation path after a strong upswing earlier in the month. Specifically, SHIB is currently down by 13% in the past seven days, although still up by 210% in a wider 30-day time frame. According to crypto analyst Javon Marks, Shiba Inu is on its way to another major breakout […]

A big city on the west coast just approved a pilot program that will give hundreds of dollars a month to a group of residents with no strings attached. The guaranteed income pilot will distribute $725 per month to about 200 families in Sacramento, California for a year. The program, called Family First Sacramento, has […]

In the world of cryptocurrency, many noteworthy projects align with investors’ values and interests. Solana is one such project that has gained significant attention. Between the end of September 2023 and mid-March 2024, its value surged remarkably from $19.1 to $172.1, marking a staggering increase of approximately 761%. And the trend suggests that its value […]

At the center of this shift are platforms like Binance, global cryptocurrency exchanges reshaping how we think about money, technology, and our impact …

While most altcoins print new highs in the recent bullish cycle, Arbitrum remained quiet and struggled to advance higher. It lost ground following an 18% weekly cut amidst the latest crackdown in the market. Following a steady climb from $1.55 in late January, ARB registered an impressive gain and almost recovered fully before facing rejections […]

The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3 million. Applied Digital and Marathon Ink $87.3 Million Deal for Texas Mining […]

Crypto liquidations hits $680 million, but Solana takes outlier role on market

TL;DR Democratic senators Jack Reed and Laphonza Butler urge the SEC to block cryptocurrency ETPs. They allege concerns about lack of transparency and liquidity in the crypto market, especially in Bitcoin ETPs. They argued about the lack of legal protections for BTC ETPs compared to traditional ETFs. Amidst the growing interest in cryptocurrencies, the debate […]

TL;DR Binance Labs, the venture capital division of Binance, has been separated from the parent company with a valuation of $10 billion. The Binance brand will be licensed by the venture capital subsidiary. Binance Labs, led by co-founder Yi He, is a prolific early-stage backer of crypto projects, predominantly funded by the exchange’s profits. It has invested […]

A widely followed crypto analyst is cautioning traders against worrying about Bitcoin’s (BTC) nearly 5% dip in the last 24 hours. Crypto analyst Michaël van de Poppe tells his 702,300 followers on the social media platform X that market corrections can be seen as opportunities for traders. “Bitcoin down 7-8% overnight.  Altcoins have followed in this correction […]

Crypto industry veterans and investors are debating whether Bitcoin (BTC) or MicroStrategy (MSTR) is a better buy following several weeks of stellar performance for both assets. Since the start of the year, Bitcoin has rallied 54% on the back of massive demand for newly launched Bitcoin ETFs, whose shares have appreciated at the same rate […]

Marhsa Blackburn (R-TN), the longest-serving United States Senator representing the state of Tennessee, will speak at the National Press Club in Washington D.C. for the second-annual Bitcoin Policy Summit hosted by the Bitcoin Policy Institute (BPI). According to a press release sent to Bitcoin Magazine, Blackburn will participate in a fireside chat focused on the […]

Amid the bullish sentiment around the crypto landscape, the Altcoin overall market cap has displayed positive strength as many investors and traders are throwing capital into several altcoins ahead of the bull cycle.  Altcoin Market To Rally Toward $425 Billion Since Bitcoin has surged to a new record high, many cryptocurrency analysts anticipate a surge […]

Musk’s Dogecoin Tease: The Future of Digital Payments? Get ready for some intriguing developments because Elon Musk, the Dogefather, during a session at Tesla’s Gigafactory in Berlin has hinted at the possibility of accepting Dogecoin as payment for Tesla vehicles “at some point”. Yep, you heard that right – the meme currency that started as […]

Elon Musk, regarded by some as the godfather of DOGE, has broken his silence on the meme coin for the first time in a while. Speaking at a Tesla event, Musk promised that purchasing an electric vehicle with Dogecoin might not just be a pipe dream. In response to the news, Dogecoin climbed 12% in […]

… cryptocurrency and Web 3 event, has announced its staging in Hong Kong … Cryptocurrency and Web 3 Technology in the International Flagship Event.

In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376% increase in its supply during […]

Senators Jack Reed and Laphonza Butler have raised alarms over Bitcoin exchange-traded funds

The U.S. Federal Reserve listed a central bank digital currency (CBDC) as one of its “key duties” in a document presented to members of Congress. House Majority Whip Tom Emmer, a Republican from Minnesota, says Fed officials handed his staff a document earlier in the Congressional session titled “Key Duties of the Fed – Payment […]

Investing in cryptocurrencies has changed a lot. Now, there are more ways to make money without actively doing much. This year, people are looking at Celestia (TIA), Avalanche (AVAX), and Algotech (ALGT) for making passive income. Each of these has its benefits for people who want to earn steady money without much effort. Best Cryptos […]

TL;DR Bitcoin’s Dominance: Bitcoin has now overtaken gold in investor portfolio allocation when adjusted for volatility, with its allocation being 3.7 times greater than that of gold. Impact of Bitcoin ETFs: The significant inflow into Bitcoin exchange-traded funds (ETFs) since their inception earlier this year has contributed to this shift, with the potential Bitcoin ETF […]

Paul Grewal, the Chief Legal Officer at Coinbase, has come forward to criticize a letter written by two U.S. senators urging the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds and refrain from approving any further cryptocurrency ETF applications. In a March 15 X thread, he challenges the assertions of […]