While the Bitcoin market remained relatively stable in the latter part of Q3 as discussions about spot ETFs subsided, the hash rate exhibited consistent growth throughout the quarter. It recently reached a fresh milestone, surging from 250 EH/s at the start of 2023 to more than 400 EH/s this month. Bitcoin mining difficulty is also […]

Today, Bitcoin only exchange, Swan Bitcoin, welcomed NBA Champion Matthew Dellavedova to its team as Vice President of Business Development, according to a press release sent to Bitcoin Magazine. Dellavedova is most well known for his illustrious professional basketball career and achievements in the NBA, including an NBA Championship in 2016 with the Cleveland Cavaliers […]

Marathon Digital Holdings has mined invalid block in Bitcoin blockchain due to transaction ordering anomaly

Chainlink (LINK), the decentralized oracle network, has been making waves in the cryptocurrency space recently. Renowned crypto analyst Altcoin Sherpa, known for his insightful market predictions on the social media platform X, has voiced strong support for Chainlink, highlighting its promising fundamentals.  With a current price of $7.45 on CoinGecko, LINK has been steadily gaining […]

The largest crypto exchange in the world is exiting Russia and in the process of selling its operations to a local business. In a new press release, Binance says that it will be selling the entirety of its Russian business to local crypto exchange CommEX and completely leaving the nation – a process that will […]

The U.S. Securities and Exchange Commission (SEC) is opposed to Coinbase’s current involvement in Celsius’ bankruptcy plan. Celsius, a crypto lender, originally filed for bankruptcy in July 2022 after its native asset plummeted by over 99% and it was unable to fulfill customer withdrawals. The bankrupt lender’s most recent Chapter 11 plan entails using Coinbase as an […]

Various tokens backing blue-chip decentralized finance applications are bucking the bearish market trend. CurveDAO’s native governance token CRV has soared more than 21% over the past week as users minted $114 million crvUSD, the newly launched stablecoin by Curve Finance, backed by Bitcoin (BTC), Ethereum (ETH), and ETH liquid staking derivatives as collateral. Elsewhere, governance […]

Singapore, Singapore, September 28th, 2023, Chainwire Equation, the decentralized perpetual DEX, is excited to announce the launch of its Interactive Ranking Tournament, a Testnet Campaign that invites all crypto enthusiasts to explore the protocol’s features and capabilities. Participants have the opportunity to compete for a share of the 25,000 USDC prize pool, exclusive Testnet VIP […]

As a part of a broader crackdown on fraudulent crypto operations in the USA, one of the masterminds behind the AirBit Club has been sentenced to 12 years in prison. Pablo Renato Rodriguez, who has run a global crypto Ponzi scheme with his co-conspirators, lured individuals into investing in a fake cryptocurrency trading and mining […]

The cryptocurrency landscape in 2023 is nothing short of amazing. Here's a detailed look at the top crypto coins ApeMax, HXAcoin, Moonbeam, …

Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.

Financial giant JPMorgan’s Chase Bank in the UK is reportedly banning transactions to crypto platforms, referring to an uptick in scams targeting its customers. According to a new report from Reuters, the crypto ban at Chase will go into effect on October 16. Says a Chase spokesperson, “We’ve seen an increase in the number of crypto […]

In the world of cryptocurrency investments, having the right tools and strategies at your disposal is crucial. That said, a veteran crypto investor recently explained Bollinger bands and how to spot gems like Cardano (ADA) and Bitcoin Spark (BTCS). What are Bollinger bands? Bollinger bands are a popular technical analysis tool. They consist of a […]

The crypto and the XRP community closely follow Ripple’s case against the SEC to spot any potential price catalyst for XRP. In July, a judge stated that XRP is not a security per se, causing the crypto-asset to experience massive price swings throughout the following month. This decision led many exchanges to re-list the cryptocurrency […]

Shiba Inu, XRP’s global expansion expected to contribute to overall crypto adoption

In a landmark verdict, Pablo Renato Rodriguez, the co-founder of AirBit Club, has been sentenced to 12 years in prison by US District Judge George B. Daniels.  According to the US Department of Justice (DOJ), Rodriguez, along with his co-conspirators, masterminded a sprawling global pyramid scheme that defrauded investors of millions of dollars through false […]

The US Securities and Exchange Commission (SEC) has again extended the deadline for a decision on Ark 21Shares’ proposed spot Bitcoin ETF to next year. GlobalX’s ETF application will also have to wait for a decision until November. In a release on Tuesday, September 26, the US SEC announced that it had designated January 10, […]

The United States Bankruptcy Court in New Jersey has given its approval to BlockFi’s customer repayment plan, offering a glimmer of hope to investors looking to recover a portion of their investments by the year’s end. Bankruptcy Judge Michael A. Kaplan officially approved BlockFi’s third amended Chapter 11 plan during a September 26 court hearing. […]

It’s been more than a decade since 850,000 BTC went missing from Mt. Gox, yet the collapse of the former exchange remains one of the most infamous black swan events of the cryptocurrency ecosystem. While creditors of the defunct exchange are edging closer to some form of restitution, Mt. Gox’s demise ended up playing an […]

THORChain (RUNE) has traded in a range between $1.45 and $1.05 since the beginning of August. More recently, the price reached the top of the range on September 18 but faced rejection. The RUNE price reached a temporary bottom on September 25 and has increased towards the range high since. THORChain Trades in the Middle […]

A bipartisan group of lawmakers has called on the U.S. Securities and Exchange Commission (SEC) to cease its efforts to block the approval of Bitcoin exchange-traded funds (ETFs). The lawmakers argue that the SEC should adhere to court decisions and approve applications for Bitcoin ETFs, asserting that they are “indistinguishable” from crypto futures ETFs, which […]

… cryptocurrency Bitcoin. Representations of cryptocurrency Bitcoin are placed on a PC motherboard in this illustration taken June 16, 2023. REUTERS …

Despite coming up short of his goal, crypto trader Thomas Kralow said the crypto-funded expedition was all about two things: “Bitcoin and happiness.”

One British man reportedly lost millions of dollars when the now-defunct crypto exchange FTX imploded in November. According to a new BBC report, Sunil Kavuri may have suffered the largest amount of investment losses from the FTX scandal than any other British citizen. Kavuri tells the BBC that he started worrying about his crypto investments […]

Bloomberg crypto market analyst Jamie Coutts says that Bitcoin (BTC) may be at risk of being taken over by the powerhouses of the legacy financial system. Addressing his followers on social media platform X, Coutts shares data showing that BlackRock, the world’s largest asset manager, began getting proxy exposure to Bitcoin in 2020 via shares […]

Casey Rodarmor, the mad genius creator behind Bitcoin Ordinals, has largely avoided the spotlight since March. A month and a half after launch, the Ordinals protocol exceeded any developer’s wildest dreams of adoption, long before it reached the current statistics of 32M inscriptions, 180k unique users, and $550M in trading volume, nine months down the […]

Bitcoin price is consolidating above the $26,000 support. BTC could start a recovery wave if it clears the $26,500 resistance zone in the near term. Bitcoin is still consolidating above the $26,000 support zone. The price is trading below $26,400 and the 100 hourly Simple moving average. There is a major bearish trend line forming […]

Self-custody, or the practice of holding cryptocurrencies in private wallets rather than on exchanges, is gaining traction among investors. This shift is particularly notable for coins like SUSHI, REEF, ELF, BICO, CRV, and INJ, as their supplies on exchanges are decreasing. Historically, such reductions in exchange supplies have been associated with positive price movements. Source: […]

The US Securities and Exchange Commission (SEC) has pushed its decision on two spot Bitcoin ETF applications by ARK Invest and 21Shares and Global X, with the former postponed to January 2024. Amid various calls for a spot Bitcoin ETF in the United States, there are speculations that there could be more SEC delays for […]

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Bitcoin trading volumes at a five-year low and the S&P 500 reaching its lowest levels in over three months could spell trouble for BTC bulls.

Binance has confirmed its complete withdrawal from the Russian market. The exchange has executed an agreement to transfer its entire business operations in Russia to the cryptocurrency exchange platform known as CommEX. This decision marks a strategic shift in Binance’s global operations and compliance strategy. Binance’s Exit: Impact on the Cryptocurrency Community The announcement of […]