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 […]

Gate.io, one of largest centralized exchange ecosystems, activates major upgrade to its transparency system; with ZK-powered PoR mechanism, its reserves portfolio can be tracked in new way

FutureBit, a renowned innovator in consumer-centric Bitcoin products, today announced the Apollo II, a revolutionary personal home mining device. This new launch marks a significant stride in FutureBit’s journey to introduce efficient, potent, and user-friendly mining products for household use. The Apollo II is a fusion of the latest 5nm ASIC technology and a modern, […]

A widely followed crypto analyst says that Bitcoin (BTC) is setting the stage for a major breakout. Crypto analyst Michaël van de Poppe tells his 674,900 followers on the social media platform X that Bitcoin remains in a bullish uptrend, printing higher low prices. “Another higher low is established on Bitcoin. The trend remains to […]

As we bid farewell to a bullish November, Bitcoin ($BTC), the world’s leading cryptocurrency, achieved remarkable milestones, boasting a noteworthy 10% gain for the month and reaching a yearly high at $38,415 this week. ——————————————— New Record Bitcoin Hashrate———————————————490,000,000,000,000,000,000x Hashes Per Second pic.twitter.com/4eCTPhFT9U — Documenting ₿itcoin (@DocumentingBTC) November 29, 2023 In the recent hours, Bitcoin […]

Surprisingly, unknown whales have managed to move 300 billion Shiba Inu tokens from Binance in one big swoop. The reason for such a significant transfer is questionable given the sheer size of this token migration. Everyone in the cryptocurrency community is wondering who the address owner is and what they’re up to after this unusual […]

As climate scientists and advocates scramble to find ways to turn the environmental tide for the better, Google DeepMind Climate Action Lead Sims Witherspoon believes the answer could be found in artificial intelligence—by starting with the question. “I approach climate change as a scientific challenge,” Witherspoon said from the stage at the annual Wired Impact […]

Sam Bankman-Fried was reportedly worried for his safety during his pre-trial detention time at the Brooklyn Metropolitan Detention Center and even considered paying another inmate for “protection,” according to a former inmate. New York mob enforcer-turned-informant Gene Borrello told crypto blogger Tiffany Fong in a Nov. 30 interview that spent time with Bankman-Fried in the […]

“I am actively telling people they are best ignoring it,” Cadena Legal’s founder tells Cointelegraph after controversial new tax guidance on DeFi was released in November.

The regulatory struggles of crypto are evident. Despite the growing adoption of digital assets across almost every industry, there has been a significant lack of regulatory clarity. In the US, the Securities and Exchange Commission (SEC) has relentlessly pursued restrictive regulation on crypto for the past few years. Although Ripple and Grayscale secured milestone victories […]

If there’s one thing people are underestimating about a Bitcoin spot ETF approval, it’s the reality of Wall Street’s marketing engine. At least that was the takeaway from capital allocator Anthony Scaramucci’s most recent visit to crypto industry podcast “The Scoop.”  In the interview, Scaramucci talked at length about how a Bitcoin ETF is poised to reshape […]

A bankruptcy court is ruling that debtors of bankrupt crypto exchange FTX can begin selling hundreds of millions of dollars worth of Grayscale and Bitwise shares. In a new filing, a court in Delaware is granting a motion filed earlier this month that would allow the debtors of FTX and its affiliates to start selling […]

A closely followed crypto trader believes that one decentralized finance altcoin is setting the stage for a huge rally. Pseudonymous crypto analyst Inmortal tells his 202,300 followers on the social media platform X that Radix (XRD) could soar by more than 51% from its current value. “Respecting the squiggly perfectly. Breakout plus retest completed. Impulse […]

Binance-owned digital wallet Trust Wallet has recently faced issues stemming from a sudden increase in Bitcoin (BTC) transactions. Through a statement on its official Twitter account, Trust Wallet informed its users about a difficulty related to its Bitcoin node, attributing it to the significant increase in transactions per block on the Bitcoin network. This rush […]

Trust Wallet, a leading self-custody and multi-chain wallet boasting over 70 million users, is experiencing issues with its Bitcoin nodes. The heightened transaction volume has reportedly led to instability among various node providers, causing technical difficulties for Trust Wallet users relying on these nodes for their Bitcoin transactions. Trust Wallet Experiences Bitcoin Node Issues According […]

Signaling market shifts, dormant Bitcoin whale, inactive for four years, quietly moves BTC worth $136.94 million, following cryptocurrency’s recent surge to yearly highs

The Bitcoin price has been steadily moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure and what could trigger an extension in the bullish momentum. As of this writing, Bitcoin (BTC) trades at $37,900 with a 1% loss in the last 24 hours. Over […]

The OX token hit a price high not seen since co-founder Su Zhu was arrested in late September.

There has been a flurry of activity from industry analysts following the spot Bitcoin exchange-traded fund (ETF) race. New time frames have been predicted alongside Bitcoin prices and Grayscale has met with the SEC again. Crypto asset manager Grayscale has met with the US Securities and Exchange Commission again this week. Spot Bitcoin ETF Plans […]

A recent court ruling has granted FTX permission to sell approximately $873 million worth of assets held in trust. Around $700 million of these assets are from Grayscale’s primary offering, the Grayscale Bitcoin Trust (GBTC). The approval, dated November 29 and issued by a bankruptcy court in Delaware, enables the defunct crypto exchange to liquidate […]

HodlX Guest Post  Submit Your Post   CBDCs (Central Bank Digital Currencies) are a frequently discussed topic among crypto enthusiasts and are often considered a perfect dystopian tool in the hands of oppressive governments and autocratic regimes. In their essence, CBDCs are blockchain-based fiat currencies that function similarly to cryptos and are controlled by central banks […]

BitMEX co-founder Arthur Hayes is outlining how capital from China could flow into Bitcoin (BTC). In a new analysis, Hayes notes that wealthy Chinese individuals and state-owned enterprises (SOEs) use banks in Hong Kong for international dealings. Hayes also points out that Hong Kong now has regulated crypto exchanges and brokers. “Bitcoin is a Chinese […]

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 16,130 BTC at a total cost of $593.3 million, Founder & Chairman Michael Saylor announced today. The purchase came as Bitcoin’s price has been experiencing upward momentum, reaching a recent yearly high of over $38,300. The […]

Shibarium, the Shiba Inu layer-2 solution, recently reached a new milestone in the past few days, crossing the 4 million total transaction threshold. The launch of Shibarium, Shiba Inu’s layer-2 solution, has been a huge catalyst for the meme coin. At the same time, SHIB’s burn rate has exploded in the last two days, as […]

The ProShares Bitcoin Strategy ETF (BITO) – the first bitcoin (BTC) ETF to launch in the United States – has topped a new record for assets under management (AUM) this week, now boasting nearly $1.5 billion in Bitcoin futures contracts. The record signals eagerness among institutions to gain exposure to BTC before approval of a […]

LINK reacting positively to surge in whale transactions

Central bank digital currencies (CBDCs) are often touted as a way to improve financial inclusion, efficiency, and innovation. However, they also come with significant risks that could undermine the stability and security of the global financial system, according to a new report by the Bank for International Settlements (BIS). The report, titled “CBDCs: An Opportunity […]

Cointelegraph reflects on the artificial intelligence pause that never happened, a lawsuit that could change the entire AI industry, and the Sam Altman firing and rehiring drama.

On November 28, ChainLink (LINK) marked a significant milestone by experiencing its highest surge in whale transactions for the entire year. The announcement, made by Crypto Analyst Ali_Charts on X, revealed that over 2,600 transactions, each exceeding $100,000, took place, signifying a noteworthy uptick in LINK’s transactional activity. Over 2,600 Transaction Exceeding $100,000 Each Recorded […]

In the complex realm of cryptocurrency regulation, the U.S. Treasury has boldly extended its reach, seeking expanded powers that transcend national borders. Deputy Secretary of the Treasury Wally Adeyemo’s impassioned plea to Congress for extraterritorial control over stablecoins, notably targeting Tether, adds a layer of complexity to the ongoing domestic regulatory conundrum. As Adeyemo presents […]