TL;DR Robinhood introduces cryptocurrency services in Nevada, covering major digital assets including Bitcoin, Ether, Dogecoin, and Shiba Inu. Dogecoin and Shiba Inu’s prices slightly retrace post-announcement, despite Robinhood’s significant SHIB holdings worth around $250 million. SHIB’s future valuation might be influenced by mass adoption and the development of Shibarium, aiming for faster, cheaper transactions. The […]
Has price of Solana (SOL) reached overbought zone yet?
FinCEN’s Proposal of Special Measure Regarding Convertible Virtual Currency Mixing, as a Class of Transactions of Primary Money Laundering Concern would criminalize Bitcoin privacy tools under the suspicion of money laundering. The proposal cites Section 311 of the USA PATRIOT Act, which enables the bulk collection of data by intelligence agencies. If FinCEN has its […]
Loopring, the layer-2 decentralized exchange (DEX) for Ethereum that uses zk-Rollups, is going multi-network, subsequently expanding its core pillars to four, following a recent update. In a Medium post on October 24, the platform said as part of this change in approach, they will be expanding the functionality of their Loopring Dapp. Loopring Going Multi-Network: […]
Crypto trader Ali Martinez says the second-largest memecoin by market cap could rally based on the readings of one indicator. Martinez tells his 31,600 followers on the social media platform X that the Tom Demark (TD) Sequential indicator is signaling a potential long opportunity for Shiba Inu (SHIB) on the weekly chart. The TD Sequential […]
Ripple, a blockchain and crypto solutions, has embarked on a new partnership with Uphold, the global Web3 financial platform. This collaboration aims to empower Ripple with enhanced crypto liquidity capabilities, bolstering its cross-border payments infrastructure. Ripple’s Flagship Payments Products for Global Businesses Ripple is known for its flagship payments products, which helps global business performance […]
The California-based cryptocurrency trading platform, Robinhood, has announced that it will now serve customers in Nevada.
Bitcoin Exchange-Traded Funds (ETF) are generating a lot of expectation in the financial market, and Galaxy Digital predicts that these ETFs could attract at least $14.4 trillion in investments during their first year of issuance. The adoption of Bitcoin as a conventional investment is the future that many envision. Compared to currently available products, such […]
John Deaton says there has not been “a single serious conversation” about a potential settlement between Ripple, Brad Garlinghouse, Chris Larsen and the SEC.
Bankrupt crypto exchange FTX is looking to demand information on millions of dollars in payments it had previously given to a nonprofit AI safety organization — the Center for AI Safety (CAIS). In an Oct. 25 bankruptcy court filing, the lawyers helming FTX claimed the firm gave $6.5 million to CAIS between May and September […]
Veteran trader Peter Brandt has posted about the current Bitcoin market and where in the cycle he believes we are. While he said nobody can accurately predict the markets, he shared three main themes he has identified for himself. Brandt points to Renko charts as his go-to charts with very few fake out moves. Amid […]
Blockchain analysis firm Chainalysis is unveiling the 2023 Global Crypto Adoption Index in a new report. According to Chainlysis, the United States ranks fourth globally with regard to crypto adoption, behind India, Nigeria and Vietnam. The United States and Canada are the only countries from North America in the top 20. Canada is ranked 19th […]
Are Hamas terrorists really raising tens of millions of dollars using crypto? Blockchain surveillance experts at Elliptic say the truth is a bit more nuanced. The firm released a blog post on Wednesday dissecting prior claims from the Wall Street Journal about crypto being a major source of financing for the organization, which were later […]
Solana continues to outperform rest of cryptocurrency market
In the face of ongoing challenges to our cherished freedoms, it is imperative to critically examine the forces at play that threaten the very fabric of democracy. The ideals of freedom and open markets are at risk of being undermined by influential political forces seeking to impose oppressive order and control in the name of […]
After experiencing a brief correction from its new yearly high of $35,300, Bitcoin (BTC), the leading cryptocurrency in the market, is showing signs of renewed bullish momentum. As the digital asset approaches the $35,000 mark again, a key indicator is following patterns observed in 2020, suggesting a potential surge that could propel Bitcoin to reclaim […]
Sam Bankman-Fried (SBF), the indicted founder of the cryptocurrency exchange FTX, will testify in his defense. This move, announced by his attorney during a recent conference call, paves the way for a potentially intense cross-examination by federal prosecutors who aim to scrutinize his role in the collapse of the crypto exchange. According to a report […]
… cryptocurrency mixing services. Under this rule, issued on October 19, 2023, FinCEN would exercise its authority under the seldom-used Section 311 …
Bitcoin remains on track to deliver “possible” further gains of up to 30% versus current BTC price levels, says CryptoCon.
Sam Bankman-Fried, the former CEO of the crypto exchange FTX, is expected to testify in his own defense on Thursday in a federal fraud trial in New York. Bankman-Fried is accused of misusing billions of dollars of customer funds to make risky and unauthorized investments, leading to the bankruptcy of FTX last year. Bankman-Fried’s lawyer, […]
A widely followed crypto analyst is predicting an unprecedented bullish move by Bitcoin (BTC) based on two key indicators. Pseudonymous analyst TechDev tells his 419,400 followers on the social media platform X that the total market capitalization of digital assets appears ready for a huge breakout. “The monthly crypto market cap is at its highest […]
The chief investment officer at the largest crypto index fund manager in the US is very optimistic about what a spot Bitcoin (BTC) exchange-traded fund (ETF) approval could do for the king crypto’s price. Matt Hougan, CIO of Bitwise, draws a comparison to what happened to gold’s price after the precious metal secured its first […]
Regulation by enforcement does not work and drives innovation elsewhere. Crypto is here to stay and needs clear rules, and Australia is taking a measured, consultative approach. Bad actors need to be weeded out, but overall many exciting things are happening. With crypto regulation in the United States being a political issue, one with which […]
One of the fundamental limitations of the Lightning protocol is how payment routing is handled and accomplished. It is entirely source routed, meaning that the sender of a payment is the one who constructs the entire route from themselves to the receiver in order to facilitate the payment. This presents an issue when it comes […]
After months of development and weeks after testnet deployment, the POL upgrade is now live on the Ethereum mainnet. According to an update on October 25, Polygon Labs, the team behind the Ethereum sidechain, Polygon, said the move is a milestone for the project. The team claims the release of POL “paves the way for the […]
In an intriguing demonstration of cryptocurrency activity, FTX-associated addresses have transferred $10.49 million in different assets to Wintermute’s deposit addresses on Binance and Coinbase within recent hours. According to Arkham Intelligence data, significant amounts of crypto were moved in a sequence of transactions, suggesting FTX’s exploration of investment diversification strategies. FTX Massive Fund Movements According […]
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Bitfinex Securities has announced its first-ever tokenized bond set to debut in November. This bond, denominated in Tether and offering a coupon rate of 10% over 36 months, aims to enhance the process of raising capital. Dubbed ALT2611, the tokenized bond is set to acquire risks associated with the debt and equity of microfinance organizations, […]
… cryptocurrency. The increasing use of cryptocurrency for individual and commercial use, the growing demand for enhanced security in crypto …
Ethereum’s price is stabilizing around $1,800, a psychological resistance level for months, amid growing ETF approval buzz.
On-chain data reveals that hundreds of millions of dollars worth of Bitcoin (BTC) linked to a discontinued dark web marketplace has abruptly been moved to a crypto mixer. According to blockchain detective ZachXBT, an entity has moved about 4800 BTC, worth $144 million, originating from the defunct Abaraxas darknet marketplace to a Bitcoin mixer. “An […]
Bitcoin price stayed above the $33,200 support zone. BTC is rising and might aim for a fresh rally above the $35,000 resistance. Bitcoin is again moving higher and approaching the $35,000 resistance. The price is trading above $34,000 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support […]