The U.S. Securities and Exchange Commission (SEC) is delaying its decisions on several Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund (ETF) applications until next year. In new filings, the regulatory agency says that it will be delaying its decisions on applications filed by asset management firm Hashdex to create a mixed spot and futures Ethereum […]
The 2023 Miss Universe pageant’s preliminary costume contest kicked off on Thursday – and Miss El Salvador’s outfit proved to be a hometown hit. The contestant donned a “volcanic empowerment costume” reminiscent of the nation’s signature volcanoes, which are being leveraged by the government to mine Bitcoin (BTC). El Salvador and Volcanic Empowerment As she […]
From Ledger Nano X to Trezor Model T, let's have a look at the top 10 most secure and reliable cryptocurrency wallets for 2023.
TVL, fee revenue and wallet activity are just three metrics investors can use to assess the health of the DeFi sector.
This year, physical Dogecoin, Bitcoin and Bitcoin whitepaper will be delivered to moon and left there for years to come
The High Court of Montenegro has denied Terraform Labs Founder Do Kwon’s appeal, upholding his four-month prison sentence for falsifying documents. This decision intensifies Kwon’s plight as he faces potential extradition following the completion of his sentence. Earlier, a decision by the court dealt a blow to Kwon’s attempt to overturn the prison sentence. The […]
Bitcoin recently gave a bearish signal, which ultimately failed to produce a meaningful pullback. Due to the technical failure, historical data suggests that in only a matter of a month BTCUSD could set a new all-time high and reach a target of $85K per coin. Here’s why. Why Failed Bearish Technicals Produce Bullish Breakouts In […]
A widely followed cryptocurrency trader and analyst is expressing bullish sentiment on a top-50 altcoin that’s currently under the radar. The trader pseudonymously known as Bluntz tells his 228,900 followers on the X social media platform that the native asset of the liquid staking solution Lido DAO (LDO) is “going to turbo send” and revisit […]
Leading U.S. crypto exchange Coinbase has launched a new protocol for on-chain payments. The new open-source Onchain Payment Protocol is an update to Coinbase’s Commerce product. According to a blog post, the new protocol will simplify and standardize on-chain payments for currencies available on Base, Polygon, and other Ethereum Virtual Machine networks, offering volatility-free payments […]
What has propelled this bargain cryptocurrency to such heights? Investor confidence? Maybe. A positive surge by BTC? Quite likely. Stephen Dalton.
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
Bitcoin hopefuls eagerly await the approval of a BTC ETF—but it looks like they’re going to have to wait a little longer. The price of Bitcoin last week passed $37,000—touching an 18-month high—when news dropped that the U.S. Securities and Exchange Commission had an eight-day window to approve all spot crypto exchange-traded product applications. Investors […]
In a Thursday night forum post, popular gaming communications platform Discord said it is sunsetting its Clyde AI chatbot in two weeks. Discord did not say why Clyde was being phased out, but said the chatbot was only in beta for a small number of servers. “Clyde will be deactivated at the end of the […]
A widely followed analyst and trader says that a top-50 crypto asset by market cap possesses more upside potential. The analyst pseudonymously known as Credible Crypto tells his 352,200 followers on the X social media platform that the proof-of-work cryptocurrency Kaspa (KAS) has a “long way to go” upwards even after rallying by around 50% […]
The head of research for a leading digital assets manager says one catalyst could cause Bitcoin (BTC) to soar to more than $265,000. In a new blog post, CoinShares head of research James Butterfill shares his calculations of a potential price impact if a spot BTC exchange-traded fund (ETF) is approved by the U.S. Securities […]
Bitcoin has received bullish prediction from one of most influential personas out there
In a recently published report by CoinShares, analyst James Butterfill delves into the relationship between inflows into Bitcoin exchange-traded funds (ETFs) and changes in the Bitcoin price. The report addresses the critical question of how much inflow into ETFs could be anticipated upon launching a Bitcoin spot ETF in the US and the potential impact […]
Tether, the stablecoin issuing company, has announced plans to allocate approximately $500 million for a strategic expansion into Bitcoin mining over the next six months. This strategy marks a significant departure from its primary activity, which is the management of USDT. Tether’s investment plan includes the construction of new mining facilities and the acquisition of […]
Just days after BlackRock filed for the iShares Ethereum Trust, asset management firm Fidelity has submitted an application for its own Ethereum exchange-traded fund (ETF).
Stani Kulechov – the founder of Aave Companies – has announced that the network of blockchain entities and ventures that he created has rebranded as Avara. Rebranding to Reflect New Priorities According to Kulechov, the name change reflects Avara’s new mission to go beyond DeFi by bringing Web3 to “all users globally with different kinds […]
If you own cryptocurrency for more than one year, you qualify for long-term capital gains tax rates of 0%, 15% or 20%. In 2023, single filers can …
The second-largest economy in the world has been steadily unloading hundreds of billions of dollars worth of US government-backed securities for more than a decade. New numbers from the U.S. Treasury Department show China’s holdings of Treasury securities have reached a low not witnessed in over 14 years. China was in the process of gradually […]
A popular crypto analyst is predicting that one Ethereum (ETH) competitor is on the verge of a massive collapse. Pseudonymous trader Altcoin Sherpa tells his 197,900 followers on the social media platform X that Avalanche (AVAX) could decline by more than 22% from its current value. “AVAX: really key level for this one in my […]
Following the announcement of Sam Altman’s departure from OpenAI, the WLD token associated with the iris-scanning biometric project Worldcoin, also founded by Altman, dropped 14%, according to CoinGecko. Altman was ousted from his position as CEO of OpenAI following a review by the board, which cited a lack of candid communication affecting the board’s responsibilities. […]
America’s biggest cryptocurrency exchange Coinbase has been again chosen by one of the contenders in the spot Bitcoin ETF race. New York asset manager WisdomTree submitted a revised version of its application to the Securities and Exchange Commission for a spot Bitcoin exchange-traded fund yesterday. In it, the firm, which has nearly $97 billion in […]
WisdomTree has filed an amendment for its Bitcoin ETF application, joining other financial institutions
This year’s cryptocurrency “Uptober” did not disappoint and benefitted the largest cryptocurrencies and centralized exchanges. Bitcoin’s (BTC) nearly 30% increase drove retail trader activity, impacting a significant growth in spot volumes among the TOP 10 exchanges. On average, volumes grew 54% in October compared to September. According to data collected by Finance Magnates Intelligencer, the […]
Cardano may not be a top gainer in the crypto market but that does not mean that it has fallen behind. During the altcoin rally, the price of Cardano’s native coin ADA has gone from a low of $0.25 to a high of almost $0.4 before correcting back downwards. This positive trend has been preserved […]
In a recent senate hearing, a cybersecurity professional openly endorsed United States Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act.
New data reveals that crypto whales are suddenly moving hundreds of millions of dollars worth of Bitcoin (BTC), Solana (SOL), Dogecoin (DOGE) and XRP. According to whale-surveying platform Whale Alert, deep-pocketed investors are moving $880 million worth of digital assets to and from prominent crypto exchange platforms, the majority of which involve the top crypto […]
Federal law enforcement authorities have arrested three men accused of scamming millions from US banks and financial institutions and then moving the stolen money into foreign cryptocurrency exchanges. The U.S. Department of Justice (DOJ) says Zhong Shi Gao, Naifeng Xu and Fei Jiang recruited individuals, often foreign nationals from China and Taiwan temporarily living in […]
Coinbase, a prominent cryptocurrency exchange, has introduced a major update to its Coinbase Commerce product. This enhancement, based on the newly introduced open-source Chain Payments Protocol, aims to revolutionize on-chain payments, simplifying and standardizing the process for both merchants and customers. The main objective of this update is to streamline payments, make them cheaper and […]