The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to actually send Bitcoin transactions. Bitcoin is considered to be the most secure blockchain in the world, but that security depends on miners who receive their […]

Recently, the crypto community witnessed a notable event as a dormant Bitcoin whale, inactive for nearly four years, returned to the market. According to data from the crypto analytics platform Lookonchain, this enigmatic entity transferred 3,623 BTC, worth roughly $136.94 million, to two newly created wallets. Market Speculations And Potential Impact This mysterious investor initially […]

The Brazil Senate has approved new rules that will mandate locals to pay up to 15% tax on income generated from cryptocurrencies on offshore exchanges. According to a live recording from the Federal Senate, the new rule applies to crypto users with assets worth more than R$6,000 ($1,200) on all offshore exchanges. Brazilian Crypto Users […]

Shiba Inu’s burn rate up massively, but it might not be enough

Rarible has cemented its commitment to NFT royalty enforcement by launching a testnet for an EVM-compatible chain with embedded royalties at the node level.

Stablecoin company Circle says that USDC is now more accessible following the launch of the Cross-Chain Transfer Protocol (CCTP) on the Cosmos (ATOM)-based blockchain Noble. Circle created CCTP to facilitate the movement of the dollar-pegged USDC across different blockchains and Noble is an app chain, a network built to power a single app, that enables […]

The recent incident involving KyberSwap has caught the attention of the entire crypto community. A hacker managed to breach the platform’s defenses, resulting in a theft of $46 million. However, the most striking aspect is the unusual conditions the hacker set for the return of the funds. The hacker, through an on-chain message on November […]

In an unexpected turn of events on November 29, $IOTA has swiftly claimed the top gainer spot on CMCSTATS, experiencing a remarkable surge of 35% within the past 24 hours and reaching a 9-month high at $0.2420. This sudden and impressive surge is attributed to a recent groundbreaking announcement on X regarding IOTA’s strategic expansion. […]

The Brazilian Senate has passed legislation proposing an income tax on crypto gains from offshore exchanges, awaiting final approval from the country’s president. This proposal is slated for potential enactment on January 1. The bill aims to introduce a levy of 15% on all earnings garnered from cryptocurrencies held on offshore exchanges, Cointelegraph reported. If […]

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In a shocking development to the international Bitcoin community, Binance founder and CEO Changpeng Zhao is […]

In a testament to its unwavering confidence in Bitcoin (BTC), MicroStrategy, one of the largest Bitcoin holding companies, has once again expanded its cryptocurrency portfolio.  The company’s former CEO, Michael Saylor, announced the acquisition of an additional 16,130 BTC, valued at approximately $593 million. This strategic move comes as Bitcoin enters a phase of accumulation […]

Pudgy Penguins now has 1M Instagram followers and is stocked in 2000 Walmarts. CEO Luca Schnetzler, 25, explains where everything went right.

While non-fungible token (NFT) marketplaces have been quiet compared to the heady days of 2021, they are by no means dead. Rather, NFT collectors have shifted focus to holding their assets for longer as the concept of community takes hold. An October report by NFT18 reveals that the period between an NFT purchase and resale […]

On Nov. 30, blockchain security firm PeckShield reported that Florence Finance had been attacked. The protocol has reportedly lost $1.45 million in USDC in an attack called “address poisoning.” At the time of writing, there were very few details about the hack and nothing on the Florence Finance X (Twitter) feed or Telegram channel. #PeckShieldAlert […]

Can XRP return to midterm rise soon?

A Bloomberg analyst says that the U.S. Securities and Exchange Commission (SEC) is gearing up to approve all bids for a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a lengthy thread on the social media platform X, James Seyffart says that the SEC making earlier-than-expected rulings on Franklin’s bids for a BTC ETF means […]

As the world hurtles into the future of decentralized finance and digital assets, regulatory bodies are grappling with the challenge of overseeing crypto firms that are beginning to emulate traditional banking services. In a recent interview, Andrea Enria, chair of the supervisory board at the European Central Bank (ECB), emphasized the need to regulate crypto […]

Saturn, a non-custodial peer-to-peer orderbook for satoshis, has successfully concluded its pre-seed funding round, securing over $500,000 in investments, according to a press release sent to Bitcoin Magazine. This raise was accomplished under the leadership of venture capital firm Big Brain Holdings, alongside the valued participation from UTXO Management, Kelsier Ventures, BOOGLE Syndicate, and various strategic […]

In an unexpected turn of events, the native token of Carbon Browser, $CSIX, has witnessed a remarkable surge of over 9% in the past 24 hours. This sudden bullish momentum can be attributed to a series of significant announcements and partnerships. Carbon Browser, a multifaceted web 3 browser offering services such as browsing, VPN, Multichain […]

The XRP price keeps being projected to enjoy a massive rally soon enough. Many have continued to speculate when this might happen. A crypto analyst has some answers, as he has highlighted three key indicators that could trigger this rally.  Three Determinants For A “Parabolic Move” In a post shared on his X (formerly Twitter) […]

Bitcoin remains on track to seal its highest monthly close since May 2022, but BTC’s price is stubbornly rangebound.

The U.S. Securities and Exchange Commission (SEC) is reportedly still investigating Binance CEO Changpeng Zhao and the company’s US branch despite both parties already pleading guilty to other charges levied by the Department of Justice (DOJ). According to a new report by The Wall Street Journal, both Binance and Zhao will be probed for evidence […]

Has correction of XRP ended by now?

… cryptocurrency from major heists carried out by North Korea-linked hackers. The U.S. Treasury Department in a statement said virtual currency …

The United States’ approach to cryptocurrencies could do more harm than good and they risk losing major players by the time they “get their act together,” Cardano founder Charles Hoskinson has said. “When you look at some of the U.S. regulators, in particular, they’ve done a really good job of alienating most of the industry. […]

Bankrupt crypto exchange FTX has secured approval from the US bankruptcy court for the sale of crypto trust assets managed by Grayscale as part of efforts to make repayments to creditors. US bankruptcy judge John Dorsey issued the order according to a court document filed on Nov. 29, 2023. The trust assets were worth $774 […]

The UK government has tightened its grip on unpaid crypto taxes, urging users to voluntarily disclose capital gains or income related to cryptocurrencies like Bitcoin, NFTs, and utility tokens. Crypto users in the UK have been advised to declare their gains from cryptocurrencies to avoid penalties from the Treasury. In a recent announcement, the UK […]

Botanix Labs has officially launched the first-ever fully decentralized Ethereum Virtual Machine (EVM) equivalent Layer 2 on Bitcoin, according to a press release sent to Bitcoin Magazine. This represents over a year of dedicated research and development by the team, with a focus on enhancing user experience. “We want to make it as easy as possible to […]

Bitcoin ETFs could be subject to manipulation in the spot Bitcoin market. The SEC’s chief concern is figuring out how to prevent manipulation induced by ETFs.

November 29, 2023 – Willemstad, Curaçao Duelbits, a leading name in the global crypto sportsbook and casino gaming arena, is thrilled to unveil a groundbreaking collaboration with one of football’s most illustrious talents, Luis Suárez. This partnership celebrates Suarez’s remarkable legacy, including his victories in the Champions League, Copa America and securing the Golden Boot […]

A crypto analyst with a large following says that Bitcoin has printed its “parabolic signal” that suggests BTC is in the early innings of a strong bull market. Pseudonymous crypto analyst TechDev tells his 422,000 followers on the social media platform X that in terms of market liquidity, Bitcoin reached its bottom more than a […]

In the last two months, Bitcoin (BTC), the world’s most valuable cryptocurrency, has been increasingly decoupling from XRP, the native currency of the XRP Ledger (XRPL), and BNB, the coin priming the broader Binance ecosystem. While this pans out, Dogecoin (DOGE) and Cardano (ADA) remain mostly correlated with Bitcoin.  XRP, BNB Decoupling From Bitcoin While […]