In a subtle yet significant move, Google has quietly adjusted its Crypto Ad Guidelines, ahead of the anticipated launch of a Bitcoin Exchange-Traded Fund (ETF) in the US. Beginning January 29, 2024, the search giant’s revised policy will permit advertisers offering “Cryptocurrency Coin Trusts” targeting the United States, provided they meet specific requirements and gain Google’s […]
The crypto market has seen a plunge today, and it would appear that social media users have reacted by calling to buy this “dip.” Coins Across The Crypto Sector Are In The Red Today According to data from the on-chain analytics firm Santiment, social media mentions of “buy the dip” have gone up following the […]
The legislation, reintroduced in July, already has the support of several U.S. lawmakers, but critics have suggested it could threaten financial freedom and privacy.
The cryptocurrency market has bounced back in the past 12 hours, with Bitcoin (BTC) regaining the $41,000 level. Cardano (ADA) has also ridden the bullish wave upwards, soaring 13% from Monday’s low. However, it’s not just established cryptos benefiting from renewed momentum – with presale project Bitcoin Minetrix (BTCMTX) continuing to turn heads thanks to […]
Ripple CTO on Bitcoin (BTC): Will you ‘Smash or HODL?’
Italy’s fintech company, Conio, has partnered with Coinbase to boost its presence in the country’s digital asset market, particularly for banks and financial institutions. Conio, partly owned by Poste Italiane and Banca Generali, has incorporated Coinbase Prime as its liquidity provider. According to a statement sent to Finance Magnates, this agreement includes a plan to […]
Binance, the world’s leading cryptocurrency exchange, has announced Fusionist (ACE) as its 40th Launchpool project. Fusionist, a rapidly growing community with 800,000 members in just five months, has successfully launched its three NFT series and existing Beta testing on the video game distribution platform, Steam. Introducing @fusionistio $ACE on #Binance Launchpool! Farm #ACE by Staking […]
Throughout the last months of 2023, the price of Polygon (MATIC) has experienced a journey marked by a series of significant movements in its value, reflecting a trend that has captured the attention of crypto market investors and analysts. Currently, MATIC is trading at $0.86, registering an increase of 3.62% in the last day. It […]
Bitcoin core developer Luke Dashjr has denied playing any part in adding Bitcoin inscriptions as a cybersecurity risk on the United States National Vulnerability Database’s (NVD) Common Vulnerabilities and Exposure (CVE) list. Dashjr courted controversy in a Dec. 6 post to X (formerly Twitter) claiming that Inscriptions — used by the Ordinals Protocol Ordinals and […]
The Central American pro-crypto nation of El Salvador is a step closer to issuing its volcano Bitcoin bonds. The investment vehicle has finally been given regulatory approval paving the way for bond issuance. On Dec. 12, the National Bitcoin Office (ONBTC) of El Salvador announced that the Volcano Bond has received regulatory approval from the […]
Digital assets manager CoinShares says that digital asset investment products just experienced their eleventh consecutive week of inflows. In its latest fund flows report, CoinShares says digital asset investment products saw inflows of over $40 million last week. “Digital asset investment products saw inflows totaling US $43 million, the 11th consecutive week of inflows, but a […]
Tether, the largest stablecoin issuer in the world, has launched a new wallet-freezing policy that aims to combat activity connected with entities sanctioned by US regulators. In an announcement, Tether says the initiative targets persons on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List. Tether also says that the move is […]
In the wake of a more than 5% decline in the past 24 hours on Monday, Ethereum ($ETH), the second-largest cryptocurrency, underwent a noticeable correction. Despite this dip, the resilience of investors to capitalize on the lower prices suggests that the market’s bullish momentum may not be dissipating. According to insights from Lookonchain, a savvy […]
Bitcoin may have momentarily paused to catch its breath after reaching an impressive $45000 earlier this week. But the total market cap doesn't …
The “bitcoin uses fossil fuels” argument has been increasingly breaking down in the face of new data from Bloomberg Intelligence showing the network is in fact the most sustainable-energy backed industry on the planet with 53% energy coming from sustainable sources. In response to this news, a new attack vector has emerged: “Bitcoin uses too […]
Earlier today, Bitcoin (BTC) flash crashed to as low as $40,400 before rebounding to spot levels. This sudden drop triggered what Mike Alfred, a crypto value investor, said was a “textbook washout” necessary to liquidate speculators. The drop and bounce, Alfred further explained, has “wiped out open interest and is exactly what you want to see” before […]
Wylie Aronow said he’s been seeing a number of tweets this week asking when he’s planning to return to the helm at Yuga Labs.
Galaxy Digital’s Mike Novogratz retracts his skepticism about XRP, now lauding its strong community and Ripple’s stewardship
Amidst a market-wide correction, Avalanche’s native token – AVAX – has emerged as an outlier, surging by almost 12% over the past day, pushing its yearly gains to 165%. The asset was currently trading at $35.63 – a level not seen since May 2022. AVAX has not only bucked the prevailing trend but also thwarted […]
Binance P2P has decided to discontinue support for Russian Ruble (RUB) trading pairs, including pairs like USDT/RUB, FDUSD/RUB, BNB/RUB, ETH/RUB, BUSD/RUB, RUB/RUB and BTC/RUB effective from January 31, 2024, 00:00 (UTC). This decision follows Binance’s sale of its Russian operations to CommEX. Binance P2P Users Shift to CommEX without Charges Post the discontinuation of support, […]
Morgan Creek Capital founder Mark Yusko says that JPMorgan CEO Jamie Dimon and other figures of the traditional finance industry are worried about the rise of Bitcoin (BTC) and crypto assets. Recently, Dimon said in a testimony to Congress that digital assets are for criminals, and if he were the government, he’d “close it down.” […]
On-chain analyst Willy Woo says he’s anticipating Bitcoin (BTC) will retest the $39,000 zone before any potential bullish continuation. Woo tells his one million followers on the social media platform X that Bitcoin has a gap near $39,700 on the Chicago Mercantile Exchange (CME) futures market. Trading gaps happen when an asset’s price opens significantly […]
Bitcoin price dived again and retested the $40,000 support zone. BTC is rising, but it must clear $42,350 to move into a positive zone. Bitcoin is attempting a fresh increase from the $40,000 support zone. The price is trading below $43,600 and the 100 hourly Simple moving average. There was a break above a connecting […]
In the decentralized finance (DeFi) ecosystem, November 2023 marked a resounding chapter for Lido DAO, the world’s leading Ethereum staking protocol. The monthly report revealed a cascade of significant milestones and advancements that reflect the platform’s steady ascension. The most notable milestone was the explosion of Total Value Locked (TVL) which exceeded $20 billion for the […]
Avalanche (AVAX), the native token of the high-performance blockchain platform, has risen by 7% in the past 24 hours, defying the market correction that has affected most other cryptocurrencies. AVAX is trading at $36.45 as of writing, up by nearly 10% in the last 24 hours and by 138% in the past month. The number […]
This week’s Federal Reserve Open Markets Committee meeting could reveal when the Fed will cut rates, which could have implications for Bitcoin exchange-traded fund (ETF) strategies. Despite favorable jobs and economic data, Inflation has not dropped the Fed’s 2% goal, making this week’s announcement tricky for Chairman Jerome Powell. When the Federal Reserve meets from […]
The value of Illuvium has experienced a substantial drop in the last few hours, marking an 11% decrease in its overall worth. $ILV’s valuation plummeted from $113 to $97 within the recent timeframe. According to Spotonchain reports, a whale known as luggis.eth executed a sale of 10,000 $ILV ($1.09 million) for 461.7 $ETH at an […]
Amid the rally in the cryptocurrency market, now is the time to consider some cryptos that are better than Bitcoin (BTC-USD). Although BTC may never …
This piece is an entirely and deeply serious parody. Bitcoin mines aren’t just thirsty, it turns out they’re starving for air, too. The air consumption tied to a single Bitcoin transaction, on average, could be enough for a DINK couple to breathe for an entire year, according to a new analysis by Andrew de Breeze. […]
The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024.
XRP encounters flash crash, causing stir in crypto space
Google has announced it’s updating its policy on allowing advertisements related to cryptocurrencies worldwide. According to a new update from the company, the search giant will update its policy on crypto in January 2024 to address the advertising rules for what it calls Cryptocurrency Coin Trusts. According to the announcement, US advertisers will be able […]