Three finalists have been selected for the Bitcoin Alpha Competition, a crowd-sourced campaign to find the next top Bitcoin fund manager. The manager with the most promising approach for generating alpha in the bitcoin market will be awarded $1 million USD in seed capital and announced on the Main Stage of the Bitcoin Amsterdam Conference […]

Despite some analysts noting why XRP is unlikely to end on a high, certain macro (and micro) factors could significantly impact the token’s price and possibly see it enjoy the same trajectory it did following Judge Analisa Torres’ ruling in favor of Ripple.  SEC-Related Factors Could Impact XRP Price On August 17, the US Securities […]

This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining.

Stablecoin issuer Circle has entered litigation in an important development in the ongoing legal dispute between the U.S. Securities and Exchange Commission (SEC) and prominent cryptocurrency exchange Binance. In support of Binance, Circle, the company behind the widely used USDC stablecoin has joined its voice, arguing that stablecoins shouldn’t be subject to the same regulatory […]

In a significant turn of events, FTX, the cryptocurrency exchange that filed for bankruptcy at the end of 2022, is showing signs of financial recovery. The expected payments ratio for claims made by creditors against FTX has experienced a significant increase, rising to between 35% and 40%. This is a substantial leap when compared to […]

Ethereum (ETH) price rapidly climbed 3% to hit $1,650 on September 28 after Bloomberg Analyst Eric Balchunas hinted that the SEC could approve an Ethereum Futures ETF on Friday. How will Ethereum spot market prices react? News of an imminent Ethereum ETF approval has triggered an influx of capital in ETH Derivatives markets. How high […]

Terraform Labs co-founder Do Kwon has refuted the significance of Slack messages as evidence, which involved discussions with his co-founder Daniel Shin about manipulating transactions on the Terra blockchain to attract investors. The United States Securities and Exchange Commission (SEC) included the Slack conversation between the two co-founders, which was dated back to September 2019, […]

Joel E. Cohen, a mathematician and biologist acting as the valuation adviser for Celsius Network through Stout Risius Ross, has verified the accuracy of the fair value of specific assets and liabilities of the debtors. After several months of negotiations and discussions, most Celsius creditors have recently approved a plan that would return around $2 […]

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Su Zhu, the Co-founder of Three Arrows Capital (3AC), has been arrested in Singapore. His arrest is linked to his alleged failure to cooperate during the bankruptcy proceedings of 3AC, the now-bankrupt crypto lending company. Today (Friday) afternoon at Changi Airport in Singapore, Zhu was arrested. His attempt to leave the country led to his […]

… cryptocurrency within mainstream finance. This news follows the company's earlier venture into the crypto space with its Bitcoin Strategy ETF. The …

A top-35 altcoin has jumped by nearly 45% in the past month, dramatically outpacing most of a middling crypto market. The native governance token of the decentralized finance (DeFi) protocol Maker (MKR) is trading for $1,513 at time of writing, up from $1,047 one month ago. The 34th-ranked crypto asset by market cap is also […]

A trillion-dollar bank is rejecting a young couple who claims tens of thousands of dollars has disappeared from their account. 21 year-old Elli Houston and 23 year-old Trae Murphy say they initiated a $90,000 AUD transfer, worth about $58,000 USD, out of their Commonwealth Bank account back in June, reports the Daily Mail. The couple […]

The primary reason many people get into the crypto space is to build riches, and these cryptocurrencies, Avalanche(AVAX) and Bitcoin Spark (BTCS) have emerged as two contenders, each having unique features and potential for those seeking the path to riches. This content examines AVAX and BTCS’s prospects and current events. Avalanche Recovery (AVAX) Avalanche, AVAX, […]

Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability.

Casey Rodamor, the creator of the Ordinals protocol and reference implementation, recently dropped a proposal for a replacement to the BRC-20 fungible token protocol: Runes. It took roughly seven hours before basic implementations were live and people were minting tokens. They didn’t draw from a specification, or a concrete design, just a rough blog post […]

Bitcoin has broken back above the $27,000 level during the past day, but if on-chain data is to go by, this surge may not last for long. Bitcoin Investors Are Taking Profits At Highest Rate In 3 Months According to data from the on-chain analytics firm Santiment, there is a chance that a short-term correction […]

Has DOGE got enough energy for midterm rise?

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) and Optimism (OP) on Optimism. Additionally, Optimism (OP) is now available on Kraken! Funding and trading Optimism (OP) funding and trading are already live. You can transfer ETH or OP to your Kraken account by navigating to Funding and selecting ETH […]

Brian Armstrong, the CEO of Coinbase, one of the US’ largest cryptocurrency exchanges, has criticized JPMorgan Chase UK’s recent decision to prohibit its customers in the UK from engaging in crypto-related transactions. Armstrong expressed his discontent on X (formerly Twitter) on September 26, labeling Chase Bank’s actions as “totally inappropriate”. Armstrong Requests Chase UK’s Crypto […]

In the simplest of languages, cryptocurrency can be defined as a virtual or rather digital form of currency which is decentralized or global in nature …

Sam Bankman Fried (SBF), the founder of cryptocurrency exchange FTX, faced a setback as he sought release from jail before his upcoming fraud trial set to commence next week. Despite his efforts, U.S. District Judge Lewis Kaplan denied his bid for freedom once again. Judge Kaplan’s Position  As per multiple reports, the decision not to […]

Chainlink has experienced a considerable surge in its overall value over the past week. It has injected a sense of optimism among investors. At this point, the positive sentiment is driven by increased whale activity. Whales have been busy accumulating Chainlink (LINK) tokens as a number of crypto assets throughout the broader crypto market have […]

The Litecoin (LTC) price has decreased since its yearly high in July, falling by 50% in the process. The decrease caused a breakdown from a long-term ascending support trendline, taking the price to the $64 long-term support. Litecoin Returns to Long-Term Horizontal Support The weekly timeframe technical analysis for Litecoin shows that the price has […]

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Chainlink. Ethereum (ETH) This week is ending with good news for Ethereum investors. The price has reclaimed its place within the ascending triangle and booked a 4.8% gain in the past seven days. It was critical for ETH to get back into […]

US-based crypto exchange Kraken is reportedly adding to its suite of products with the addition of traditional stock offerings. According to a new report by Bloomberg Law, sources familiar with the matter say that Kraken is planning on offering US-traded stocks and exchange-traded funds (ETFs) to its customers. This marks the first time that Kraken […]

SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture to boost the adoption of its enterprise blockchain platform on the XDC Network.

The cryptocurrency market is abuzz with the latest developments involving Bitcoin and Tether (USDT) whales and sharks, who are showing a strong accumulation trend. These large holders, with 10 to 10,000 Bitcoin in their wallets, have now accumulated their highest Bitcoin holdings in 2023, totaling 13.03 million BTC. Source: Santiment Positive Sentiment For The Market […]

Do We Need CBDCs? Bitcoin Backstage with Cynthia Lummis In the world of digital currencies, two terms frequently come up for discussion – Central Bank Digital Currencies (CBDCs) and Bitcoin. Both have gained significant attention in recent years, with proponents and critics presenting their arguments. To shed light on this topic, we dive backstage with […]

According to a Bloomberg report, MakerDAO, one of the prominent decentralized lenders in cryptocurrency, has reaffirmed its decision to invest billions of dollars in US government bonds. This strategic move has propelled its governance coin, MKR, to reach its highest level since April 2022, outperforming other major cryptocurrencies, including Bitcoin (BTC). MKR has experienced a […]

XRP might print major signal in day or two

Coinbase International Exchange has achieved a notable milestone by obtaining regulatory approval from Bermuda’s financial regulator. This approval will enable eligible non-U.S. retail customers to participate in perpetual futures trading. Coinbase’s Next Offering: Access to Perpetual Futures Contracts In a blog post released today (Thursday), Coinbase acknowledged the pivotal role played by the Bermuda Monetary […]