A crypto analyst has singled out an event that could be the spark that Ethereum needs to hit the price level of $3,500. He believes that the second-largest cryptocurrency by market cap is going to make this run after Bitcoin “gets its shine.” How Ethereum Will Hit $3,500 In a post shared on his X […]
The cryptocurrency exchange FTX has been granted authorization to carry out the sale of approximately $873 million in fiduciary assets as part of its recovery process following the declared bankruptcy in 2022. The approval was granted by a bankruptcy court in Delaware on November 29, allowing the company to sell these fiduciary assets to settle […]
BNB Chain, the blockchain platform that powers the BNB token and the Binance Smart Chain, has revealed the technical roadmap for its layer-2 scaling solution, opBNB. The roadmap aims to improve the performance, speed, and cost of the network, which is based on Optimism’s OP Stack. Let’s explore the opBNB Roadmap together! Our roadmap is […]
For some people, the word bitcoin still triggers an eye-roll, but by now, most of us know that cryptocurrency is here to stay. With that in mind, it’s a good idea to make sure you’re clued up and well-educated on the topic, especially if you’ve ever considered investing yourself. However, with so much misinformation floating […]
Acting President Claudia Rodríguez de Guevara, the first female head of state for El Salvador, took office on Dec. 1 and is expected to serve until June 2024.
This week saw Solana through a small increase after establishing new support above the monthly low. However, it encountered rejection as it failed to sustain recovery above a minor resistance – currently up by 2%. Sol’s bulls lost steam lately after marking a two-year high at $68 two weeks ago. It entered a consolidation phase […]
In the ever-evolving landscape of digital finance, Robert F. Kennedy Jr.’s recent remarks have sparked discussions regarding the potential impact of central bank digital currencies (CBDCs) on individual financial autonomy and privacy. Bitcoin’s Elegant Solution: Safeguarding Transactional Privacy Known for his unwavering advocacy for individual rights, Kennedy juxtaposed the decentralized nature of Bitcoin with the […]
The U.S. Securities and Exchange Commission (SEC) is asking the public what they think about financial services giant Fidelity’s potential spot market Ethereum (ETH) exchange-traded fund (ETF). In a new notice, the regulatory agency is asking the public for their opinion on Fidelity filing a bid to create an Ethereum-based ETF on the Chicago Board […]
U.S. Securities and Exchange Commission (SEC) official Hester Peirce is launching another broadside against her agency over its regulation of the crypto sector. While speaking at the Blockchain Association’s Policy Summit this week, Peirce, one of the SEC’s five appointed commissioners, argues that the regulator is bringing enforcement actions against old cases “without clear rhyme […]
Bitcoin is surging lately, with the price of the leading cryptocurrency hitting a 19-month high at $39,000 on Friday—more than double the price from one year ago. And if you’re keen on stacking satoshis however you can, here’s one way that won’t cost you anything but time: you can earn Bitcoin by playing a bunch […]
Ethereum Foundation announced plans to cease the Goerli Testnet either three months following the Goerli Dencun fork or one month after the mainnet Dencun fork, whichever is later. This move is expected to largely affect the stability of the network as client and testing teams hold the majority stake in Goerli. Ethereum Foundation Ending the […]
XRP clearly showing lack of momentum as price fails to bounce in sharp fashion
Who can participate? Whether you are new to crypto or a seasoned veteran, this competition is open to everyone who qualifies. Kraken will select the winner(s) for each round of the competition. Eligibility requirements for access to each tier are noted below. To qualify you need to: Be a resident in the U.S., Latin America, […]
Polkadot (DOT) is gaining pace above the $5.25 resistance against the US Dollar. The price could surge further toward the $5.85 and $6.00 levels. DOT is gaining pace above the $5.25 resistance zone against the US Dollar. The price is trading above the $5.30 zone and the 100 simple moving average (4 hours). There is […]
Gene Borrello, a former prisoner at MDC, told crypto blogger Tiffany Fong that Sam Bankman-Fried was targeted for his timid nature and having “the body of the 80-year-old.”
U.S. Deputy Treasury Secretary Wally Adeyemo is issuing a warning to the crypto industry, saying it must crack down on illicit finance. Speaking at the 2023 Blockchain Association Policy Summit, Adeyemo says that the digital assets industry should self-regulate against illegal financial activities or regulators will have to clamp down even harder on the nascent […]
Venture capital firm Digital Currency Group (DCG) and its bankrupt subsidiary Genesis Global have struck a new agreement to settle an ongoing legal battle. A new filing with the US Bankruptcy Court for the Southern District of New York says that in September, Genesis filed a lawsuit to recover approximately $627 million in loans owed […]
Cryptocurrency exchange giant Binance recently announced detailed plans to fully retire its stablecoin, Binance USD (BUSD), and facilitate a transition to First Digital USD (FDUSD) ahead of a full shutdown scheduled for mid-December this year. The move comes after the disruption in the creation of new BUSD units by Paxos, its issuing partner, which led […]
The digital asset brokerage Fasset FZE has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). This license marks the culmination of VARA’s rigorous approval process and permits Fasset to offer broker-dealer services to a diverse clientele, including both retail and institutional investors, through its web3-based financial services platform. […]
AIOZ Network, a revolutionary distributed Content Delivery Network (dCDN) operating on its blockchain, has experienced a significant surge, reaching its yearly high at $0.1979. This surge is attributed to the publication of the AIOZ Vision Paper, a comprehensive document outlining the platform’s future plans, including upcoming features and product launches. Ahead of our upcoming website […]
TL;DR New Listings on Crypto.com: Crypto.com introduced XRP/EUR and SOL/EUR trading pairs, enhancing the visibility of Ripple (XRP) and Solana (SOL), both currently stable in price. Ongoing Support for XRP: Following Ripple’s legal successes against the SEC, Crypto.com re-listed XRP earlier this year. Bullish Price Predictions: Analysts predict substantial price increases for XRP and SOL, […]
When can traders expect further rise of Binance Coin (BNB)?
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Introduction Until this election cycle, Bitcoin has flown under the radar when it comes to the national political stage. For the first time in its history, Bitcoin is becoming a prominent issue for presidential candidates on […]
A class action lawsuit filed in Florida on Thursday seeks over $1 billion in damages from international soccer star Cristiano Ronaldo for his role in promoting the cryptocurrency exchange Binance. The lawsuit alleges that Binance sold unregistered securities and operated illegally in the United States. It claims Ronaldo lent his celebrity to hype investments, driving […]
MicroStrategy has purchased an additional 16,130 BTC. This brings the company’s total holdings to 174,530 BTC, valued at nearly AUD $10 billion. MicroStrategy’s Bitcoin holdings represent nearly 1% of the currency’s total supply. MicroStrategy has long been an advocate of Bitcoin, being the corporate company with the largest BTC holdings for several years now. The […]
The Bitcoin price has risen above $38,000 in the last few hours, and for the first time this year closed a 4-hour candle above this crucial price level – a very bullish sign that BTC could rise further. These are reasons behind BTC’s latest price surge: #1 Anticipation Of Spot Bitcoin ETF Approval The recent […]
A widely followed crypto analyst says that Bitcoin (BTC) backtracking before the halving could actually be a good thing. Pseudonymous crypto trader Rekt Capital dives deep into pre-halving BTC activity for his 372,100 followers on the social media platform X. The Bitcoin halving occurs approximately every four years. The pre-programmed event reduces the reward for […]
The United Nations Development Programme (UNDP), which is tasked with eliminating poverty in over 170 countries, wants to educate its 22,000 staff on distributed ledger technology.
The US Securities and Exchange Commission (SEC) is actively engaging with asset managers in anticipation of a crucial decision on the approval of a bitcoin exchange-traded fund (ETF), as revealed in memos released this week. SEC’s Postponements: Aiming to Address Multiple Bitcoin Fund Applications In a memo, the SEC disclosed a recent meeting with Grayscale […]
Binance, the world’s largest cryptocurrency exchange, achieved a significant milestone by finalizing the world’s first crypto tripartite agreement in partnership with an undisclosed bank. This pioneering project introduces a unique solution within the cryptocurrency space. The solution is strategically aligned with the needs of institutional investors. Part of a series of pilot projects undertaken by […]
In a remarkable turn of events, the cryptocurrency market has witnessed a significant shift in investor behavior. Over the past week, Bitcoin exchanges globally have seen an exodus of funds, with withdrawals surpassing the $1 billion mark, according to data from Glassnode. This massive movement of Bitcoin away from exchanges and into private wallets suggests […]
Stablecoin issuer Circle has dismissed false claims of facilitating illicit financing activities. In a letter addressed to US Senators Sherrod Brown and Elizabeth Warren, the company also said it does not provide banking services to Justin Sun, the Tron Foundation, or HTX (formerly known as Huobi Global). In February 2023, Circle terminated all accounts belonging […]