TL;DR ECB Continues Criticism of Bitcoin: Despite the approval of Bitcoin ETFs in the US and a net inflow of $5.2 billion, the European Central Bank (ECB) maintains its stance that Bitcoin has no intrinsic value, dismissing the cryptocurrency’s growing acceptance as a legitimate asset class. ECB Labels Bitcoin as “Currency of Crime”: The ECB extends its […]
On the morning of May 10, 2023, Kraken testified about the SEC’s overreach in crypto before both the House Financial Services Committee and the House Agriculture Committee. Kraken testified that current laws do not adequately cover the digital asset industry, and that Congress could do more to put in place a set of rules to […]
Nigeria has taken drastic measures in to attempt to stabilize its plummeting national currency, the naira, by blocking access to major cryptocurrency exchanges, reported the Financial Times. This move comes as the Nigerian government attempts to crack down on currency speculation amid record lows for the naira. JUST IN: 🇳🇬 Nigeria blocks access to Coinbase, […]
[PRESS RELEASE – London, UK, February 23rd, 2024] SatoshiSwap.ai, a pioneering Bitcoin DeFi platform, has raised $700K in pre-sale round. This investment will fuel the development of SatoshiSwap.ai’s flagship project: a DEX designed for the Bitcoin ecosystem. SatoshiSwap.ai is led by a team committed to reshaping decentralized finance. While focuses on building the first Decentralized […]
A widely followed crypto analyst is laying out his trading game plan for the time being. Crypto trader Michaël van de Poppe tells his nearly 700,000 followers on the social media platform X his strategy for the next 1-2 months. “The gameplan for the coming period: – Survive a potential Bitcoin (BTC) correction, as Bitcoin is at […]
Binance plans to roll out support for a new cross-chain crypto gaming project via its Launchpool platform. The top global crypto exchange says the 47th Binance Launchpool project will be Portal (PORTAL), a project that aims to unite games from different blockchains on its cross-chain token platform. Launchpool allows users to stake coins to farm […]
A widely followed crypto strategist says Bitcoin (BTC) may repeat a historic pattern that could send altcoins soaring. Analyst Justin Bennett tells his 111,500 followers on the social media platform X that Ethereum (ETH) and other alts could outperform Bitcoin similar to 2021 when people suddenly sold their coins over a two-month period. “If Bitcoin […]
Optimism, a Layer 2 network, is experiencing a significant uptick in user activity, with its Mainnet consistently boasting over 60% of the daily active addresses among the top optimistic rollups. This surge in activity marks a pivotal moment in the adoption and utilization of layer 2 scaling solutions within the Ethereum ecosystem. Recent statistics reveal […]
PRNewswire/ — The "India Cryptocurrency Market, By Region, By Competition Forecast & Opportunities, 2019-2029" report has been added to…
Bitcoin proponent Max Keiser has warned of potential government seizure of bitcoin held in spot exchange-traded funds (ETFs). He additionally issued a stark warning about a looming 1987-style crash, while simultaneously predicting that the bitcoin’s price will surge past $500,000. Max Keiser’s Crash and Bitcoin Seizure Warnings Bitcoin advocate Max Keiser expressed concerns about spot […]
Crypto and AI combination makes comeback on market with up to 200% growth in last 24 hours
The long-awaited arrival of spot Bitcoin ETFs has ignited a gold rush in the crypto world, attracting both newcomers and seasoned investors. While these new investment vehicles offer a convenient and accessible way to gain exposure to Bitcoin, their impact on the cryptocurrency’s core principles and long-term stability remains a complex question. Bitcoin ETF: Initial […]
If you understand why bitcoin is an asset to hold for the long term, you may also wonder how to take advantage of retirement tax structures to minimize your tax expenditures. There are many different ways to approach holding bitcoin in an IRA, and as with everything in bitcoin, each has its trade-offs. Let’s look […]
A non-fungible token (NFT) platform is launching a classic Nintendo emulator on Bitcoin (BTC) using BTC ordinals. In a new announcement, NFT platform Pizza Ninjas says it has successfully launched an N64 emulator on the crypto king using ordinals, which inscribe data on satoshis, the smallest unit of BTC. Emulators allow gamers to play video […]
TL;DR Key investment: a16z invests $100 million in EigenLayer, boosting its presence in DeFi. Financial resurgence: Crypto financing grows 2.5% in the last quarter of 2023, reaching $1.9 billion. Growth explosion: The project experiences a 347% increase in TVL in just one month, establishing itself as a leader in Ethereum. In a move that reflects […]
TL;DR Analysts are optimistic about XRP’s valuation, predicting significant increases in the near future. Certain regulatory developments, among other factors, could propel a significant price rally. Ripple’s Odds of Hitting $1 Despite increasing significantly during the first half of February, the price of Ripple’s XRP has recently pushed the brakes, currently trading below the $0.55 […]
The money laundered through cryptocurrency exchanges declined by 29 per cent in 2023, according to a Chainalysis report.
Reddit Inc. has disclosed cryptocurrency investments in its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC). The social media giant noted that as of the end of December last year, “we did not hold digital assets other than bitcoin and ether for treasury purposes, and our investment policy requires approval […]
Ripple has always been subjected to claims of manipulating the price of XRP and its natural growth by selling coins. As the cryptocurrency’s largest holder, Ripple has faced constant criticism about the amount of XRP it holds, with detractors arguing it gives them too much control and influence over the price. Particularly, there’s been some […]
The host of the Coin Bureau YouTube channel, Guy Turner, is expressing bullish sentiment on Ethereum (ETH) layer-2 projects. In a new strategy session, Turner tells the 2.41 million channel subscribers that ETH’s Dencun update may cause layer-2 projects to go on massive rallies and he names his top four picks. The Dencun upgrade, which […]
Marathon Digital Holdings, the largest publicly traded bitcoin miner by market capitalization, has launched Slipstream, a service for individuals to easily submit complex and non-standard transactions to the Bitcoin network. Slipstream is the first instance of a public bitcoin mining company facilitating direct transaction submission services, made possible by the fact that Marathon operates its […]
Traditionally, the process of disbursing funds during humanitarian crises has been marred by challenges such as bureaucratic delays, lack of transparency, and the potential for mismanagement of funds. These hurdles not only hinder the prompt delivery of aid but also erode the trust of donors and beneficiaries. In response to these challenges, the financial services […]
TL;DR Valkyrie Launches BTFX on Nasdaq – a 2x Bitcoin Futures ETF. It offers investors leveraged exposure to the BTC futures market. It reflects Valkyrie’s commitment to financial innovation in the cryptocurrency space. In a strategic move aimed at meeting the growing demand for cryptocurrency investment, Valkyrie Investments Inc. has launched the Valkyrie Bitcoin Futures […]
Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday, in a bid to go public on the New York Stock Exchange (NYSE). The filing revealed that the company has invested some of its “excess cash reserves” into multiple cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). According […]
… cryptocurrency platforms undermining Naira at the foreign exchange market. Onanuga disclosed this on Wednesday through his official X account …
Justin Sun’s latest moves are stirring speculation and interest in crypto community
Bitcoin, the enigmatic cryptocurrency known for its volatile price swings and digital gold status, is making a surprising play for a new title: sustainability champion. A recent analysis by Bitcoin environmental impact expert Daniel Batten reveals a remarkable surge in renewable energy use for mining, reaching a staggering 55%. This marks a significant shift from […]
JasmyCoin’s value surged over 30% in a day and nearly 150% in a week, yet remains 98% below its February 2021 peak of USD $4.99, trading at $0.015 now. JASMY benefits from optimistic developments in Japan, including potential legal changes to boost Web3 investments. Recent on-chain analysis reveals a strategic investor profited approximately USD $387K […]
Avalanche, a top-ten market cap cryptocurrency, has fallen 12% over the past seven days. The price tumble comes as an upcoming token unlock releases AUD $500M worth of coins into the Avalanche ecosystem. Token unlocks typically result in short-term corrections as supply momentarily inflates. This writer has intentionally avoided using the term “Avalanche” to refer […]
The Graph ($GRT), known for its indexing protocol facilitating data querying across networks like Ethereum and IPFS, has recently experienced a shift in its market dynamics. Despite a bullish trend over the past months, characterized by a remarkable 65% gain, the token suddenly faced a decline of over 6% in its 24-hour daily chart. On-chain […]
The delisting of monero by Binance marked a significant turning point for privacy coins, showcasing the growing impact of regulatory demands on privacy-focused projects, while also spotlighting emerging projects like Zano that aim to navigate these challenges. Regulatory Pressures Set to Reshape Privacy Coin Landscape The privacy coin landscape is experiencing seismic shifts after Binance, […]