Bitcoin and Ethereum aren’t the only major cryptocurrencies making moves: Solana rose above the $150 price point on Friday for the first time since January 2022. The two-year peak for Solana comes as Bitcoin hit another all-time high price Friday morning above $70,000, while Ethereum reached $4,000 for the first time since 2021. Like those […]
SMOG is the latest crypto sensation. The dragon-themed meme coin exploded 391.93% this week to attain a $265 market cap. The key allure of SMOG is its series of airdrops that have gone viral on social media platforms. With 30% of the token supply set aside for airdrops and 50% allocated for marketing, SMOG is […]
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. […]
Volatility of Bitcoin will not plunge in foreseeable future, as this crucial metric goes down
Entertainment giant Sony has submitted a US patent application for “super-fungible tokens” designed for gaming. Sony, the developer behind the popular PlayStation console series, submitted the patent application back in 2022, though the document just became public at the end of February. The application lays out plans for an electronic device that tracks gaming assets […]
Wall Street is closely watching an $8.8 trillion pile of cash that could quickly fuel a major market rally, according to a new report. Investors are anticipating a seismic shift in the trillions of dollars that has piled up in money markets, reports the Wall Street Journal. Capital poured into money market funds over the […]
In recent weeks, Ethereum (ETH) has experienced notable price momentum, largely attributed to significant accumulation by Ethereum whales. This trend has caught the attention of crypto enthusiasts and investors alike, signaling positive sentiment towards the digital asset. According to on-chain data analysis, two major ETH accumulators have emerged during this bullish period. The entities identified […]
Have you fallen into the ‘rabbit hole’ of covenants? Interviewer: Hua, freelance writer, independent researcher. X: @AmelieHua Interviewee: Poly, a Controls Specialist, maintains multiple Distributed Control Systems (DCS’s) and has worked with other five nine systems (99.999% uptime availability). X: @Polyd_ Covenants are an old yet fresh topic. As early as 2013, developers began discussing […]
Amidst widespread bullish sentiment surrounding Bitcoin, one analyst on X thinks the leg up won’t be as strong as it was in the past few weeks. Pointing to developments in the Bitcoin log curves, the analyst expects the coin to find resistance as it attempts to break higher. Bitcoin Uptrend To Slow Down The analyst doubts the […]
The cryptocurrency industry is currently seeing an influx of both traditional and modern traders thanks to the inclusion of Bitcoin ETFs. A multitude …
Sam Altman’s privacy-focused crypto project Worldcoin (WLD) is taking legal action against the government of Spain after it was banned in the European nation. Earlier this week, the Spanish Data Collection Agency (AEPD) ordered Worldcoin to stop collecting information after receiving numerous custom complaints that its data-gathering process was infringing upon users. Furthermore, the AEPD […]
TL;DR Meme coins, especially cat and dog-themed ones, are the top performers in the crypto market, with a market cap of $55 billion and an 84% increase in a week. Solana, a low-fee blockchain platform, has become a new haven for meme coins, attracting coins inspired by celebrities and politicians, and reaching $2 billion in […]
TL;DR Senators Lummis and Gillibrand draft bill to regulate stablecoins. Collaboration with key entities such as the New York Department of Financial Services and the Federal Reserve. Project seeks to provide regulatory clarity and protect consumers in the cryptocurrency market. Senator Cynthia Lummis, known for her support of Bitcoin, along with Senator Kirsten Gillibrand, are […]
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is declining to comment on whether smart contract platform Ethereum (ETH) counts as a security or a commodity. In a new interview with Bloomberg Television, Gensler says he does not want to answer questions about Ethereum’s classification as an asset amid anticipation of the regulatory agency’s […]
Binance is planning on rolling out support for a new decentralized derivatives exchange altcoin via its Launchpool platform. The top global crypto exchange platform by volume says its 48th Launchpool project will be Aevo (AEVO), an Ethereum (ETH)-based digital asset exchange that supports options, perpetual futures, and other products within a single margin account. Launchpool […]
Pantera Capital is reportedly in the process of securing funds from major investors to acquire heavily discounted Solana tokens from the bankruptcy estate of FTX. The company is raising capital for the Pantera Solana Fund, which presents an attractive opportunity to purchase up to $250 million worth of SOL tokens from the FTX estate. Marketing […]
Authorities in Egypt recently allowed the local currency’s exchange rate versus the U.S. dollar to decrease by more than 60%. Additionally, the central bank raised interest rates by 600 basis points. Both steps were key conditions set by the IMF which Egypt had to meet before the approval of a new financial aid package. IMF […]
Early SHIB trillionaire rides 377% price surge, selling $5 million worth of Shiba Inu tokens
The AI token FET has soared to unprecedented heights, reaching a new all-time high of $2.84, closely following the trajectory set by the core cryptocurrency market. Fetch.AI Foundation’s recent announcement on March 5, 2024, unveiling “Fetch Compute” alongside a substantial $100 million investment in enhancing the AI economy, has been a catalyst for the surge […]
REDMOND, WASHINGTON 4 March 2024 – $KARMA released the largest fungible token airdrop in Bitcoin history to over 61,000 wallets on February 27. In true Web3 tradition, the collection was launched by a seven-member $KARMA Council, bringing together 10 leading Ordinals communities behind $KARMA’s mission. The $KARMA Council’s airdrop aims to foster a sense of community amongst […]
Shiba Inu (SHIB) has been gaining a lot of traction lately, with the meme token seeing an increase in the number of addresses created. This uptrend in the crypto token’s expansion is significant as it could spark a surge in SHIB’s price and possibly a new all-time high (ATH). Shiba Inu Sees 2,000% Increase In […]
Top cryptocurrency Bitcoin (BTC 1.40%) has been surging as of late. Although the price of Bitcoin has, as always, fluctuated dramatically in the midst …
Bitcoin (BTC), which saw remarkable gains in the last weeks of February, has been hovering above $67K for the past 48 hours. Behind BTC’s recent market rally are spot Bitcoin ETFs, which are netting substantial inflows into their funds. As the market is gripped with bullish sentiment, miners have earned $75.9 million in daily revenue, […]
Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties encompasses issuing a comprehensive crypto legal framework, developing an independent comms and financial system, and establishing crypto-related educational programs. Tether Signs Memorandum of Understanding With […]
Crypto regulation: Focus shifts to Ethereum’s security status
TL;DR February 2024 marks an all-time high with 6.7 million daily unique active wallets in the decentralized applications (Dapp) industry. The DeFi sector reaches a TVL of $159 billion, with Ethereum maintaining a 74% dominance. Despite security challenges, the NFT market remains strong, with Magic Eden emerging as a key competitor to OpenSea. The month […]
As the European Union and Great Britain begin work on developing a central bank digital currency, the US is still biding its time. Federal Reserve Chair Jerome Powell was adamant that a USD-backed CBDC is still a long way away. The statement comes as politicians – particularly Republicans – have drummed up a ruckus about […]
Michael Saylor’s company, MicroStrategy, announced on Wednesday that it was increasing its convertible debt offering—to fund the purchase of more Bitcoin—from US$600 million to US$700 million. The conversion price of the notes will be 42.5% higher than MicroStrategy’s share price at the close of trade on Tuesday. MicroStrategy is the largest holder of Bitcoin of […]
Over the past 24 hours, Ribbon Finance (RBN), a decentralized finance (DeFi) platform renowned for its derivatives and structured products, has experienced a remarkable 20% surge in its price, marking an impressive 80% increase over the past week. The price of $RBN has increased by more than 75%! And whales are buying $RBN today! 0xEfd7 […]
Bitcoin Magazine is pleased to announce Unchained, the leading Bitcoin financial services provider, as the Title Sponsor for “21 Days of Bitcoin”. 21 Days is Bitcoin Magazine’s email-based course teaching participants the Bitcoin basics while rewarding them with bitcoin along the way. 21 Days has educated over 120,000 course participants since its inception in 2020, […]
Web3 project and meme coin Floki Inu (FLOKI) has garnered significant attention in the cryptocurrency market. It has witnessed an impressive uptrend of over 630% in the past 30 days alone. As a result, it has soared to the 64th position in market capitalization, surpassing $2 billion. This surge in price comes as notable digital […]
They have already established long-term and stable strategic cooperative relationships with numerous international cryptocurrency exchanges, AgiGPT- …