Guaranteed income programs are sprouting across the US as two large counties prepare to give millions of dollars to people who are tight on funds. The nonprofit Inland SoCal United Way is teaming up with the California Department of Social Services in a new pilot program designed to give away $10 million to residents of San […]

After witnessing a nice recovery all through last week, Avax tumbles and turns weak again due to the latest drops. It has registered a 7% loss in the last 48 hours and will likely shed more in the coming days. Last week, Avax took a little break from the dip and increased by more than […]

Ethereum’s price has been rapidly declining recently following a rejection from the $2,750 resistance level. While a further drop is probable in the short term, the overall bullish trend might not be over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the Ethereum price has been oscillating inside a large ascending channel. […]

News about all major SHIB projects spread by Shiba Inu team member after meeting with lead developer

However, analysts remain optimistic about the second-largest cryptocurrency, given the supportive momentum signals. In sum, while Bitcoin searches for …

TL;DR Jay Jog highlights the unique feature of Sei’s EVM Parallelization, which allows for high transaction speeds and enables developers to use ETH’s EVM. The blockchain company aims to scale Ethereum Virtual Machines similarly to Solana. The v2 upgrade will remove barriers for developers interested in implementing DeFi protocols on the Sei blockchain. In a […]

Chainlink (LINK) has seen a stellar rally in late 2023, and this trend appears to continue into early 2024. The oracle network continues its upward trend with key developments in real-world asset tokenisation and the expansion of its CCIP, enhancing its pivotal role in the blockchain industry. Further, Chainlink Automation Launch and DeFi Yield Index […]

Well I’ll be damned. 18 months down the road after Celsius paused withdrawals, it finally snaps out of what seemed an ever-lasting Chapter 11 Bankruptcy. Despite initial scepticism around its ability to recoup funds to investors, 98% of creditors approved the bankruptcy exit plan. As of February 1, Celsius has begun distributing over $3 billion […]

OPNX, a hybrid platform for trading bankruptcy claims and cryptocurrencies, has confirmed the closure of all its operations by February 14. The platform was launched by failed hedge fund Three Arrows Capital (3AC) co-founders last year. Another Failed Crypto Venture According to a CoinTelegraph report, the exchange emailed its customers, notifying them of the upcoming […]

BitMEX co-founder Arthur Hayes is predicting that one catalyst will cause Bitcoin (BTC) to soar to seven figures. Hayes tells his 448,300 followers on the social media platform X that a decline in commercial property prices may soon prompt the Federal Reserve to inject liquidity into the markets to prop up the economy. He highlights […]

Deep-pocketed Bitcoin (BTC) traders are suddenly moving billions of dollars worth of the flagship digital asset to and from crypto exchanges and unknown wallets. New data from whale-surveying platform Whale Alert reveals that one BTC whale abruptly moved 35,049 BTC worth $1,518,020,170 from an unknown wallet to another on January 31st, the biggest transaction involving […]

In an analysis released via X, Thomas Young, managing partner at RUMJog Enterprises, is projecting a staggering upward trajectory for Bitcoin’s price by the end of the year, basing his predictions on the influence of Bitcoin Exchange-Traded Funds (ETFs) inflows. As NewsBTC reported, Grayscale’s GBTC outflows have slowed down significantly recently, resulting in constant net […]

Polkadot DOT resumed a downtrend this week after failing to sustain recovery. The bears appeared back in control as they slowly released pressure. We can expect bigger drops if the price breaks below $6. After ending a week retracement at $7.3, DOT initiated a fresh drop on Monday and continued its bearish impulsive movement on […]

XRP Ledger’s lead developer, Wietse Wind, reveals game-changing strategy to rival Ethereum’s dominance in crypto space

Crispmind Set to Revolutionize Cryptocurrency Spending with Tectum Emission Token Listing on Travala. Crispmind, a disruptive tech company renowned …

German law enforcement authorities provisionally seized nearly 50,000 Bitcoin (BTC) worth $2.17 billion as part of an investigation into an illegal movie streaming website. According to the Dresden Public Prosecutor’s Office, the investigation involves two men suspected of operating the piracy portal and purchasing Bitcoin using the proceeds of their illicit activities. “The ongoing investigations […]

A widely followed crypto analyst is giving traders an update on crypto king Bitcoin (BTC) and taking a look at Polkadot (DOT). Pseudonymous crypto trader Rekt Capital tells his 394,700 followers on the social media platform X that February has brought BTC a new rejection from resistance. “New month New rejection from the macro diagonal resistance.” Source: […]

Ben Armstrong, widely known as “Bitboy,” has announced the discontinuation of his daily crypto show, bringing an end to a three-year run that garnered a significant following. The decision comes amid financial challenges and legal battles that have been plaguing the influential crypto personality. Financial Strain and Mounting Legal Bills Armstrong revealed the news through […]

Binance took action to freeze $4.2 million worth of XRP believed to be associated with the $112 million Ripple hack. This marks the largest cryptocurrency hack of 2024 thus far, stirring concerns within the digital asset community. XRP Ledger Foundation Claims Early Investigation Credit Binance’s CEO, Richard Teng, confirmed the freeze through a post on […]

TL;DR Celsius Network successfully concludes the distribution of over $3 billion to its creditors. The nearly unanimous support of 98% of account holders for its distribution plan was a crucial milestone for the company. They liquidated around 845,000 ETH for almost $2 billion on centralized platforms like Coinbase, expediting the payment process for creditors. After […]

TL;DR Major Crypto Contributions: Leading cryptocurrency companies, including Coinbase and Ripple, have donated millions to the Fairshake Political Action Committee (PAC). Fairshake PAC’s Role: As a super PAC, Fairshake champions the cause of the crypto industry at the political level, lobbying for policies that foster the sector’s growth and development.  Strategic Advocacy Efforts: The investments by Coinbase, Ripple, […]

Genesis has settled their case with the SEC after being accused of offering unregistered securities. The settlement avoids a potentially costly court battle, as Genesis aims to prioritise customer repayments. The USD $21M fine will be suspended until all creditors are repaid. Genesis maintains that they did not do anything wrong, however settled due to […]

In the dynamic world of cryptocurrency, Arthur Hayes, the former CEO of BitMEX, is painting an optimistic picture for the potential recovery and growth of Solana in the crypto market. Known for his adept navigation through market fluctuations, Hayes recently shed light on Solana’s positive trajectory, emerging from the shadows cast by the downfall and […]

A popular crypto trader thinks one nascent Ethereum (ETH) competitor could be on the cusp of a “considerable expansion upward.” The pseudonymous crypto analyst known as The Flow Horse calls attention to the layer-1 blockchain Sui Network (SUI). The mainnet of Sui Network went live in early May, and the SUI token kicked off trading […]

Troubled crypto lending platform Celsius has avoided Chapter 11 bankruptcy with a plan to pay back its creditors billions of dollars. In a new press release, the embattled crypto firm announced yesterday that it has successfully emerged from bankruptcy with the intention of paying back its creditors $3 billion worth of crypto assets and fiat […]

As most top altcoins turn red today, Ethereum Classic remains strong on the daily but has retraced briefly. Buying pressure is still intact following a 10% gain in the last 7 days. This month, ETC witnessed a massive surge in volatility and tapped $32.4. The price pulled back from that price level and fell below […]

Has the price of XRP found the local bottom yet?

That crypto regulation, often provided by cryptocurrency exchanges like Binance, can also help protect investors by providing reliable, public …

Last year, I planned a hike through El Boquerón, a national park atop the San Salvador Volcano that features a scenic crater, as well as a tiny crater within that crater called Boqueroncito (”Little Boquerón”), which I find adorable. In true millennial fashion, I consulted a handful of travel blogs to make sure I was […]

Polygon Labs – the main development team behind the Ethereum scaling network Polygon (MATIC) – has laid off 19% of its workforce in an attempt to create a more “efficient surgical team.” Though 60 employees were laid off in the process, the remaining workers have been granted a minimum 15% salary raise, effective as of […]

The global financial information provider, SIX, has launched the new SIX Reference Rate Crypto and SIX Real-Time Crypto Indices, aiming to serve as benchmarks for AsiaNext’s crypto derivatives trading platform and institutional investors worldwide. The financial information provider has introduced a set of indices aimed at enhancing crypto trading. The new SIX Reference Rate Crypto […]

The cryptocurrency industry has witnessed a significant change in the movement of stablecoins, offering valuable observations into the evolving dynamics of the market. Recent data from IntoTheBlock and CryptoQuant has shown a surge in stablecoin inflows into exchanges, reaching record highs in January. Notable inflows were observed on January 2nd ($478 million), January 3rd ($489 […]