USDC issuer Circle has outlined plans for a proposed initial public offering (IPO), but a new report indicates the stablecoin company’s previous attempt to go public was dogged by regulatory questions from the U.S. Securities and Exchange Commission (SEC). Back in July 2021, Circle initially announced plans to go public via a merger with Concord […]

Despite the S&P 500’s ongoing rally, Bitcoin has experienced a significant decline, marking a rare divergence between these sectors since the stabilization following the FTX collapse in late 2022. Typically, such market conditions would see cryptocurrencies experiencing a relief bounce to catch up. Bitcoin's plummet has come in spite of the S&P 500 continuing to […]

Cryptocurrency investors have shown extreme levels of fear and uncertainty toward bitcoin (BTC) over the past month. According to on-chain data analysis firm Santiment, this extended period of negativity is unusual and could signal a potential buying opportunity for those who can endure the market’s inherent volatility. Record FUD Levels and Whale Accumulation Many investors […]

The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of 35% in 15 days and rewards like smartphones and vehicles. Skyline […]

Laser Digital, a digital asset arm of global financial services group Nomura, has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The approval marks the completion of Laser Digital’s licensing process with ADGM. Nomura’s Laser Digital Wins Abu Dhabi Regulatory Approval The FSP allows […]

Chainlink’s LINK price is consolidating above the $14.00 support. The price could gain bullish momentum if it clears the $14.65 resistance zone. Chainlink price is showing bullish signs and eyeing more gains above $15.00 against the US dollar. The price is trading below the $15.00 level and the 100-hourly simple moving average. There is a […]

The ETP issuer says a Tuesday CoinSnacks report was likely “commissioned by short sellers,” which the crypto-focused newsletter has denied.

Solana gaming focussed layer-2, Sonic, has raised US$12 million in a Series A funding round led by web3 venture capital firm Bitkraft Ventures. This new funding brings Sonic total funding to US$16 million and its fully liquidated valuation to US$100 million, as part of its funding deal Bitkraft Ventures will join Sonic’s board. The gaming […]

While prices are sluggish, Bitcoin is still moving off exchanges.  Ethereum Exchange Traded Funds (ETFs) await a go-live date, a look at the technicals playing out.  Altcoin analysis:  ETH and LDO Bitcoin is moving… off exchanges Historically speaking, looking at previous market cycles and the behaviour of users depositing and withdrawing coins off exchanges can […]

TL;DR Expectations for the upcoming launch of Ethereum ETFs in the U.S. prompt evaluation of the impact on ETH price volatility. ETH implied volatility has consistently surpassed that of BTC, marking a differential of 17% according to Amberdata. Doubts persist regarding whether capital flows into ETH ETFs will reach levels seen with BTC ETFs. Amid […]

Cryptocurrency naysayer Peter Schiff has highlighted Bitcoin’s alleged lack of utility in the wake of Nvidia’s rapid surge

Like traditional financial markets, cryptocurrency markets exhibit seasonal patterns influenced by various factors such as market sentiment, …

Coinbase is gearing up to roll out a new feature that will allow users to trade new crypto tokens before they launch. The Coinbase International Exchange and Coinbase Advanced will enable traders in eligible jurisdictions outside of the US, the UK and Canada to buy perpetual futures contracts for assets that haven’t been listed on […]

The market intelligence platform IntoTheBlock has discussed the bearish situation Bitcoin has been facing that has got many puzzled. Bitcoin Adoption Has Slowed Down To Multi-Year Lows Recently Bitcoin had a great first quarter in 2024, fueled by demand from the spot exchange-traded funds (ETFs) and institutional entities. During this run, the asset surpassed the […]

The first Bitcoin ETF on Australia’s main stock exchange traded 96,476 shares throughout the day.

[PRESS RELEASE – Petah Tikva, Israel, June 20th, 2024] Bring web3, a pioneering player in the cryptocurrency space, is thrilled to announce the successful expansion of its funding to further develop its platform and to boost its increasing cycle of strategic partners. Bring, the first white-label crypto cashback provider today announced completion of a 1.1 […]

Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner product. On June 4, the court found Block Earner’s contraventions serious but exempted […]

India’s Financial Intelligence Unit (FIU) has fined Binance, the world’s largest crypto exchange by volume, 188.2 million rupees (about $2.25 million) for violating the country’s anti-money laundering regulations. However, it remains unclear when Binance will resume operations in the country. Binance’s Re-entry in India Binance was one of nine foreign cryptocurrency exchanges operating in India, […]

The cryptocurrency market is currently on fire, showcasing remarkable trends and developments that are capturing the attention of investors worldwide. From Bitcoin’s impressive surge to Ethereum’s landmark legal victory, and the innovative earning potential with Furrever Token‘s referral code, there is a lot to unpack in the crypto space. Let’s dive deep into these trends […]

MAGA (TRUMP), currently the biggest memecoin inspired by Donald Trump, collapsed nearly 60% early this week amid rumors that the former president was planning on launching his own coin. Speculation revolved around another coin on the Solana (SOL) network called Trumpcoin (DJT), which some outlets reported as being launched by Trump and his son Barron. […]

The US national debt just surged to a new all-time high of $34.75 trillion. The new milestone comes after the nation’s outstanding debt jumped $69.41 billion in a single day, according to new numbers from the U.S. Treasury’s Debt to the Penny database. According to a new report from the Congressional Budget Office (CBO), the […]

Massive transfer of nearly 100 million Dogecoin to Robinhood raises questions amid rebound in DOGE price

At 12:16 am, BTC was trading 0.2% higher at $65,568, while Ethereum rose 3.6% to $3,560. Meanwhile, the global cryptocurrency market cap also surged …

TL;DR Polygon Partnerships: Polygon has partnered with Fox Corporation and Ronin Network, leveraging its zero-knowledge (ZK) technology to enhance scalability and security in blockchain gaming and media content verification. Ronin’s Development: Ronin plans to use Polygon’s Chain Development Kit (CDK) for creating permissionless L2 chains, which could lead to more games and align Ronin with […]

The cryptocurrency XRP is making waves as open interest (OI) for the token experiences a dramatic rise. This surge in investor positioning coincides with the ongoing legal battle between Ripple Labs, the company behind XRP, and the US Securities and Exchange Commission (SEC). Bullish Bets On The Horizon Cryptocurrency analysis platform CryptoQuant detected a significant […]

India’s financial watchdog issued charges against Binance after reviewing written and oral submissions from the Binance Director and available company records.

[PRESS RELEASE – Grand Cayman, Cayman Islands, June 19th, 2024] ApeBond is excited to announce its expansion to LightLink, a groundbreaking gasless blockchain network tailored for enterprises, dApps, and millions of users. LightLink, an Ethereum Layer 2 blockchain, empowers dApps and enterprises to offer users seamless, gasless transactions, marking a significant leap in the DeFi landscape. […]

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch […]

The Australian Securities Exchange (ASX) marked a milestone on Thursday with the launch of the country’s first Bitcoin (BTC) exchange-traded fund (ETF) on its main stock market. The VanEck Bitcoin ETF (VBTC) debuted with approximately AUD990,000 ($660,429) in assets, signaling a growing appetite among investors for cryptocurrency-related products. Australia’s Main Stock Exchange Welcomes First Bitcoin […]

A Kraken executive says that a black hat entity stole $3 million from the firm after finding a bug in the exchange’s systems. In a lengthy thread on the social media platform X, Nick Percoco, Kraken’s chief security officer, says that earlier this month, Kraken received an update from their Bug Bounty program claiming there […]

Synthetic dollar protocol developer Ethena Labs is updating the tokenomics for its native asset, ENA, in a bid to increase the token’s utility. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the Internet Bond.” […]

Top 6 Cryptocurrencies to Mine in 2024: BlockDAG, Bitcoin, and More Top Picks for Lucrative Mining As investors increasingly seek passive income avenues, the mining field continues to grow and evolve. BlockDAG emerges as a frontrunner with its pioneering and environmentally friendly mining technologies, claiming the spot as the top cryptocurrency to mine in 2024. […]