European Binance users logging into their mobile app on Wednesday were greeted with an unsettling message indicating that certain services were no longer available in their region. This sudden change comes as new cryptocurrency regulations on the Old Continent officially take effect at the end of June. Binance, acting proactively, has already blocked access to […]

Solana has been thrown into a tailspin after a shocking revelation: its daily stablecoin volume may have been significantly inflated. Reports indicate a staggering drop – from a dizzying $75-100 billion to a mere $7 billion in a 24-hour period. This dramatic shift has unsettled the crypto community, raising serious questions about the legitimacy of […]

Bitcoin price is increasingly low versus its 200-day moving average — a key “buy the dip” signal, per the classic BTC price indicator.

Following serious sell-offs in the past months, Arbitrum ARB looks extremely oversold on a daily scale with no signs of recovery. However, it has found temporal support above $0.7 but is yet to signal a buy. Three weeks ago, ARB lost the key $1 level after witnessing a lot of roller coaster for months. It […]

[PRESS RELEASE – Dubai, United Arab Emirates, June 27th, 2024] Bybit, the world’s second-largest web3 platform by trading volume, is proud to announce its recognition as the recipient of the prestigious Banking and Finance – Innovative Collaborations and Partnerships Achievement Award at the MEA Business Awards 2024. This award celebrates Bybit’s groundbreaking initiative and the Blockchain […]

The VC giant has fired several investors who are focused on fintech and crypto

Evolve Bank & Trust has recently confirmed a cybersecurity incident. The cybercrime group Lockbit 3.0 reportedly released customers’ personal identification data on the dark web. The bank, known for its fintech partnerships and facilitation of customer accounts for firms with significant crypto user bases, is now under scrutiny. The incident has raised concerns about the […]

TL;DR VanEck has filed an application with the SEC to launch the first exchange-traded fund (ETF) dedicated to Solana (SOL) in the U.S. market. Following the announcement, SOL’s price has immediately surged by nearly 8%, reaching $147.69 since the S-1 form was published. SOL is considered a digital commodity comparable to Bitcoin and Ethereum due […]

Cryptocurrency companies have assembled over $160 million that they plan to deploy to support political candidates who support the industry, …

Cardano (ADA) is currently experiencing a downward trend, with its price approaching the crucial support level of $0.3389. The cryptocurrency market has been under significant bearish pressure, and ADA is no exception.  This decline is fueled by a mix of macroeconomic factors, market sentiment, and technical indicators pointing to continued weakness. As Cardano nears this […]

Binance has announced a significant transition for its United Arab Emirates (UAE) users. Following the receipt of a full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), Binance will migrate all UAE resident accounts from its global platform to the locally regulated Binance FZE exchange (Binance Dubai). UAE Residents to […]

BICCoN believes that a balanced approach can help resolve the current challenges and empower Nigeria to create a supportive environment in which the blockchain industry can thrive.

The chief investment officer (CIO) of Bitwise Asset Management, Matt Hougan, expects spot Ethereum (ETH) exchange-traded funds (ETFs) to draw in billions of dollars in inflows within months of getting approved by the U.S. Securities and Exchange Commission (SEC). In a new memo to investors, Hougan says he’s anticipating at least $15 billion in net […]

Analyst and trader Ali Martinez is saying that Bitcoin (BTC) is flashing a bullish signal amid the flagship cryptocurrency resting at a level last witnessed in early May. Martinez tells his 65,300 followers on the social media platform X that every time the Relative Strength Index (RSI) indicator has slid into “oversold territory” over the […]

The US Government transferred 3,940 BTC, part of a larger 213,546 BTC holding from a Silk Road seizure. This transaction coincides with significant market events, including the Mt. Gox redistribution and other government liquidations. Despite enhanced liquidity from Bitcoin ETFs, weekend BTC trading volumes continue to decline, complicating market dynamics. Alert! Alert! Whales are on […]

Despite market declines, TON and TRON alone record gains among major blockchains. TRON (TRX) sees an increase in value and usage, now holding an 8% TVL market share. TRON consistently attracts new users, nearing 2.5 million daily addresses according to data. Amid a sea of red, TON and TRON are the only top blockchains that […]

[PRESS RELEASE – Fairfield, CT, USA, June 27th, 2024] Uses blockchain and Web3 to incentivize users to participate and share essential threat data    Interlock today announced a Web3, incentivized crowdsourced internet security community that aims to make the internet safer for everyone, from individuals to global enterprises. Today the company also announced the worldwide general […]

Prolonged legal battle is over, with substantial help received from cryptocurrency community

Litecoin advanced bearish this week and dipped to a new low after four months of trading. After witnessing a small recovery yesterday, it faced rejection and now looks ready to resume selling pressure on the day. Litecoin went through a series of reductions in the past weeks following a sell order from $89 last month, […]

Pyypl, a fintech company operating in the Middle East and Africa (MEA), has partnered with Visa to introduce virtual and physical prepaid Visa cards via its mobile app. This strategic collaboration aims to enhance financial inclusion across the region, providing underserved populations with greater access to financial services. The integration of Visa virtual cards will […]

Between February 2023 and February 2024, cryptocurrency scam victims who were further exploited by fictitious law firms reported losses totaling over …

Amidst waves of concern surrounding the sale of Bitcoin by the US and German governments, industry experts have come forward to dispel fears, suggesting that these moves could be bullish for the market. Yesterday, the Bitcoin sector experienced heightened volatility following actions by two major governments. The German Federal Criminal Police (BKA) continued with its […]

The U.S. Department of State is offering up to $5,000,000 in rewards for information on one of crypto’s biggest mysteries. In a statement, the government says it’s looking for information from the public that would lead to the arrest and/or conviction of German national Ruja Ignatova, one of the key players behind the OneCoin scheme. […]

A top analyst known for making timely altcoin calls believes that Pepe (PEPE) and another fellow memecoin are primed for massive rallies. Pseudonymous analyst Bluntz tells his 263,500 followers on social media platform X that PEPE looks ready to ignite a five-wave surge. Bluntz relies on the Elliott Wave theory, which states that a bullish […]

TL;DR Ava Protocol strengthens its capabilities by acquiring Openstory, a blockchain data company. This acquisition gives Ava Protocol access to real-time data streaming and analytics, allowing them to significantly improve their automation functionalities. Ava Protocol is on the cusp of major milestones. They are set to launch on the Ethereum mainnet within the next three […]

TL;DR Buy the Bitcoin Dip? Analyst Points to RSI and Fear Gauge: Crypto analyst Ali Martinez believes the Relative Strength Index (RSI) can signal opportune times to buy Bitcoin. When the RSI (using a 14-period window) dips below 30, it historically indicates an undervalued BTC. Fear in the Market Adds to the Buying Argument: Martinez […]

Cryptocurrency company Abra and its CEO, William “Bill” Barhydt, settled with 25 state financial regulators in the United States for operating a crypto business without obtaining appropriate licenses. Apparently, it offered crypto trading and investing services without any license. Announced yesterday (Wednesday) by the Conference of State Bank Supervisors (CSBS), the participating states in the […]

CoinStats reveals employee-targeted social engineering attack behind the hack affecting 1.3% of wallets.

The US spot Bitcoin ETFs appear to be slowly recovering as the collective inflows reached $21.52 million on June 26th, continuing with the positive momentum that began on Tuesday. However, BlackRock’s iShares Bitcoin Trust (IBIT) has not reported any new investments for the past four days. This isn’t its highest streak, though, as in April, […]

Unfazed by the market crash, major Bitcoin whales are buying the dip

On June 26th, the US government sent 3,940 Bitcoin to Coinbase Prime, Coinbase’s institutional trading platform. Blockchain analytics firm Arkham Intelligence flagged the transaction. JUST IN: 🇺🇸 US Government sends 3,940 #Bitcoin worth $241 million to Coinbase 👀 pic.twitter.com/m14HpdeJ0s — Bitcoin Magazine (@BitcoinMagazine) June 26, 2024 The transferred Bitcoin was originally confiscated from convicted drug […]

Bitcoin is roughly 20% from all-time highs, and risks are trending lower, breaking from the current consolidation. After peaking in mid-March, bulls are yet to build enough momentum and overcome the roadblock at $72,000. Will Bitcoin Fall To $50,000 Or Worse? Analyst Thinks So While there were temporary gains in early June, the retracement in […]