The recent decision by Wallet of Satoshi to stop serving customers in the United States brings us to a crossroads in the evolution of Lightning’s use as a consumer tool. While it is trusted and custodial, Wallet of Satoshi has been invaluable in giving casual users a functional and reliable tool for small value payments […]
The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income.
A closely followed crypto strategist believes that four altcoins including Solana (SOL), Chainlink (LINK) and Avalanche (AVAX) will witness a bearish December. Pseudonymous analyst Altcoin Sherpa tells his 198,900 followers on the social media platform X that he thinks SOL, LINK and AVAX will likely give up some of their gains before the next leg […]
Billionaire and Block co-founder Jack Dorsey is leading a new funding round that aims to decentralize the mining ecosystem of Bitcoin (BTC). According to a new press release, Dorsey has led a $6.2 million seed funding round to support the launch of Mummolin’s decentralized BTC mining protocol OCEAN. “Mummolin, Inc., announced today that it has […]
In a recent announcement, bankrupt crypto lender Celsius has initiated additional withdrawals for certain eligible custody users. However, it’s important to note that only specific custody assets are currently available for withdrawal, while other cryptocurrencies such as Bitcoin (BTC) remain inaccessible. Starting November 29th, two groups, namely Class 6A General Custody Claims and Class 6B […]
Twitter and Block founder Jack Dorsey dives into decentralized Bitcoin mining industry, steering multimillion dollar investment into OCEAN
Financial technology firm SoFi Technologies is set to exit the cryptocurrency business and has given its customers the option to migrate.
The trend of Bitcoin’s supply moving away from exchanges and into self-custody continues unabated, as per the market intelligence platform, Santiment. This shift is attributed to the ongoing erosion of trust in exchange platforms. This is the lowest level for the top cryptocurrency by market cap since December 17, 2017. The decrease in supply on […]
Bitcoin’s 30-day volatility has been trending lower than that of Nasdaq and S&P 500, according to recent data. This trend is noteworthy as it indicates a decrease in the price fluctuations of Bitcoin, a cryptocurrency known for its volatility. The data was provided by IntoTheBlock, a platform that offers real-time on-chain analytics and market intelligence […]
ColdStack ($CLS) has surged to impressive heights, reaching a 9-month peak and edging closer to its yearly high after a substantial 7-day rally that has garnered significant attention lately. In the spotlight as one of the prominent altcoins, ColdStack has experienced a remarkable price surge, soaring by a staggering 500% over the past week and […]
Pando’s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline.
[PRESS RELEASE – Bristol, United Kingdom, November 29th, 2023] Streamr is thrilled to announce the upcoming launch of Testnet 1 for Streamr 1.0, a critical step towards the completion of its 2017 roadmap and the full readiness of the decentralized network. This first incentivized testnet, starting on 4th December and concluding on 11th December, is […]
Soccer star Cristiano Ronaldo is entangled in a class-action lawsuit in the United States amounting to over $1 billion, involving his association with Binance. Plaintiffs have asserted that Ronaldo endorsed the crypto exchange, leading them to incur financial losses. According to a report by BBC, the lawsuit states that Ronaldo’s promotional activities influenced individuals to […]
Unchained, a prominent Bitcoin financial services provider, released a new report today showcasing an interesting surge in bitcoin ownership among Americans. According to their findings, a one in four Americans and 55% of surveyed investors, defined by Unchained as those with at least one investment account between the ages of 18 and 78, own bitcoin. The […]
Ethereum (ETH) competitor Cardano (ADA) is currently sitting in a “key demand zone,” says crypto analyst Ali Martinez. Martinez tells his 33,800 followers on the social media platform X that 166,470 wallets acquired 4.88 billion ADA worth more than $1.85 billion while the asset has been trading between $0.37-0.38. “With minimal resistance ahead and solid […]
The demand for institutional investors for Bitcoin BTC $37,747 became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance’s BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin’s potential to break above the $40,000 mark in the short term. […]
Outrage = ChatGPT + racial slurs In one of those storms in a teacup that’s impossible to imagine occurring before the invention of Twitter, social media users got very upset that ChatGPT refused to say racial slurs even after being given a very good, but entirely hypothetical and totally unrealistic, reason. User TedFrank posed a […]
Bitcoin price failed again to clear the $38,500 resistance zone. BTC is consolidating above the 100 hourly SMA and might attempt another increase. Bitcoin is still facing heavy resistance near the $38,500 zone. The price is trading above $37,400 and the 100 hourly Simple moving average. There is a key bullish trend line forming with […]
Trading legend John Bollinger has cast a critical eye on Litecoin, flagging its underperformance against Bitcoin
Cristiano Ronaldo is the subject of a huge class action lawsuit in relation to his promotion of cryptocurrency exchange Binance. The Portuguese …
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC.
Chainlink, the leading oracle network, achieved a significant milestone with the launch of the enhanced version of its staking feature, known as Staking v0.2, on the Ethereum network. This move aligns with Chainlink’s Economics 2.0 initiative, aiming to improve cryptoeconomic security and broaden the utility of the LINK token. The migration phase is already underway, […]
Base, the layer-2 scaling solution built on the Optimism technology for Ethereum, has successfully surpassed $10 million in cumulative revenue since its launch in early August 2023. This achievement highlights the consistent growth of revenues in Layer-2. The increasing popularity of layer-2 solutions on Ethereum is evident in the significant rise in Base’s revenues. Scaling […]
TLDR The Sandbox (SAND) unveils major digital fashion partnership with Gucci. Uniswap X’s trading volume soars over $1 billion. NuggetRush (NUGX) unveils revolutionary NFT staking as part of its gaming services. The Sandbox (SAND) has partnered with Gucci to allow users to view the latter’s fashion collection via metaverse technology. Elsewhere, trading on Uniswap […]
TL;DR Bitcoin (BTC) has risen above $38,000 as BTC’s supply on exchanges drops to 5.38%, the lowest since December 2017, amid declining trust in exchanges following events like FTX’s collapse and Binance’s legal troubles. The trend towards BTC self-custody is seen as bullish, contributing to Bitcoin’s significant rally of 130% since the year’s start. Analyst […]
The future of the market structure for digital assets is undergoing a transformation propelled by innovation and regulation in Europe. Despite many challenges, the institutional crypto derivatives market is evolving in the region. A report released by Acuiti in association with D2X shows that this market is shifting. It is marked by innovations, less reliance […]
In a recent technical analysis published by crypto analyst Egrag, an inverse head and shoulders (H&S) formation has been identified on the XRP/USD chart, indicating a potential bullish reversal in the near term. The pattern, which has been forming over the last two weeks, suggests that XRP could be setting up for a significant price […]
Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain a mainstream possibility. Sony has filed a […]
Best-selling writer Robert Kiyosaki outlines Bitcoin and BTC ETF as lifeline during economic turbulence
Crypto enthusiasts, buckle up! In the dynamic world of cryptocurrency, GameStop Memes (GSM) is stealing the spotlight.
While Ether represents 50% of the total crypto donations made to Save the Children’s HODL Hope Campaign, Bitcoin donations amount to 34% of the lot so far.
Canadians are overwhelmingly opposed to their central bank researching and issuing a digital loonie, according to newly released survey results from the Bank of Canada. The report found that citizens and stakeholders are worried that the technology could violate their financial privacy, and wouldn’t be their payment method of choice compared to existing options. Why […]