United States-based exchange Kraken has announced a pending deal to acquire Netherlands-based cryptocurrency exchange Coin Meester B.V. (BCM) as it sets its sights on European expansion. While the financial details of the deal have not been disclosed, Kraken and BCM announced the looming acquisition off the back of the European Union’s (EU) establishment of its […]
Axie Infinity (AXS) price has failed to reclaim the $5 level despite the positive sentiment surrounding the altcoin markets in late September. Historical on-chain data provides insights into how AXS price could perform in the coming weeks. Axie Infinity is set to execute its next token unlock on October 20. Here’s how key stakeholders in […]
Cryptocurrency mining, particularly Bitcoin mining, has long piqued the interest and investment of many. Individuals and corporations have been pulled into the field of crypto mining by the appeal of earning digital currencies by authenticating transactions on a blockchain network. However, as the crypto landscape changes and matures, the issue of whether Bitcoin or crypto […]
Hong Kong authorities are scrutinising JPEX, a cryptocurrency exchange, for allegations of fraud and have arrested staff members, as reported by …
In a recent development, the co-founder of Polygon, Jaynti Kanani has announced to step back from the daily operations of Polygon (MATIC), and the future of polygon with Polygon 2.0. He remained a key member of the company for the last six years. However, now Kanani plans to contribute to the protocol from the sidelines. […]
Covalent’s CQT, labeled as ‘AI & Big Data Token’ by CMC, witnesses marvelous price upsurge
TL;DR Ripple secured another win against the SEC in court; however, the legal battle continues with a trial set for April 23, 2024. The SEC may appeal post-trial. Ripple vs. SEC outcome is pivotal for the crypto industry, potentially redefining regulatory guidelines on what is considered a security. Recent Ripple updates: The controversial Clawback feature […]
Yesterday marks coming up to the finishing line after almost four years of work. Assumeutxo was merged into the Bitcoin Core master branch by Andrew Chow yesterday. This is the first major non-consensus update to the Bitcoin reference implementation in quite a while, and is going to have a lot of interesting implications for users […]
For the last two years, Ethereum (ETH) has outperformed Solana (SOL), looking at the performance in the weekly chart. However, according to one technical analyst on X, this is about to change, especially considering the candlestick arrangement of the SOLETH chart on the weekly chart. Will SOL Outperform ETH In 2024 And 2025? Sharing a screen […]
The “Titan Fund” has already made five investments in different blockchain startups, with two going toward Hong Kong-based projects.
Traditional financial institutions are increasingly interested in giving clients with exposure to digital assets, as cryptocurrency investing choices continue to expand. Grayscale Investments, a well-known cryptocurrency firm, recently made headlines by registering for a new financial product: an Ether Futures Exchange-Traded Fund (ETF). Grayscale Investments: An Overview To comprehend the relevance of the Ether Futures […]
Security specialists have discovered ties between a person on Telegram and cryptocurrency laundering activities connected to prominent exchange …
Two luxury aircrafts purportedly owned by the former CEO of the collapsed crypto exchange Sam Bankman-Fried but never used by him could potentially face forfeiture as U.S. prosecutors seek to recover assets in ongoing legal proceedings. The two jets—a Bombardier Global 5000 BD-700-1A11 with registration number N410AT and an Embraer Legacy EMB-135BJ with a registration […]
A hacker who breached the defunct cryptocurrency exchange FTX in November 2022 has been converting millions of dollars worth of stolen Ethereum (ETH) to Bitcoin (BTC) in the past week. The hacker has moved over $100 million of ETH to BTC through various bridge protocols, such as THORChain and Railgun, according to Spot On Chain’s […]
The crypto market has been showing signs of recovery after a turbulent September, with Bitcoin (BTC) hovering around the $28,000 level and some altcoins outperforming the leading cryptocurrency. Bitcoin has gained about 3% in the past week, recovering from a dip below $26,000 on Monday. The largest crypto by market cap is facing resistance at […]
Latest development in Coinbase-SEC lawsuit elicits reaction from crypto community
The Bank of International Settlements (BIS) is collaborating with central banks in Europe to develop a crypto and decentralized finance (DeFi) tracking system. In a new publication, the BIS unveils Project Atlas, a data-gathering platform created in conjunction with the Deutsche Bundesbank and De Nederlandsche Bank that aims to “shed light on the macroeconomic relevance […]
Three tokens make the headline as bearish sentiment continues to sweep across the cryptocurrency markets. Tron has won an extension in its SEC case, while the Tezos price continues to drop. As a result, some investors are turning to Everlodge in hopes of a recovery. Summary: Tron has secured an extension in the ongoing legal […]
A new study conducted by the Bank of International Settlements (BIS) has shed light on the true extent of Bitcoin’s impact on cross-border payments, revealing that its significance may be even greater than previously believed. According to a report by Reuters, the findings challenge conventional assumptions and underscore the growing relevance of Bitcoin in the global […]
Celsius Network, a bankrupt digital asset lender, has revealed plans to begin repaying creditors using billions of dollars in crypto assets before the year’s end. The company presented a restructuring plan, outlined in a recent filing to a US bankruptcy court, which aims to generate funds for a new corporate spinoff known as “NewCo” and […]
Visa’s CEMEA head of innovation and design, Akshay Chopra, reveals that the company’s partnerships with cryptocurrency exchanges have facilitated billions of dollars in payment volume.
On the second day of Sam Bankman-Fried’s trial, the US Department of Justice (DOJ) claimed that his crypto business had problems from the beginning. The Assistant US Attorney Nathan Rehn described him as someone who deceived customers and used their money for his own gain, including wealth and political influence, as reported by Coindesk. According […]
… cryptocurrency Ripple is seen in this illustration. A representation of cryptocurrency Ripple is seen in this illustration taken August 6, 2021 …
A prominent digital asset venture capitalist believes that the bottom is likely forming for the top cryptos by market cap. Chris Burniske, the founder of Placeholder Capital, tells his 263,600 followers on the social media platform X that a bull market is likely coming that will make the current financial quarter a clear cycle bottom […]
A widely followed crypto analyst is expressing bullish sentiment on XRP after a US court rejected the U.S. Securities Exchange Commission’s (SEC) attempt to appeal a decision that partly went in Ripple’s favor in July. Pseudonymous trader Credible Crypto tells his 346,700 followers on the social media platform X that the rejection of the SEC’s […]
Bitcoin, Ethereum, Dogecoin, and Solana: these are the coins that were mentioned during the proceedings of the first day of FTX founder Sam Bankman-Fried’s criminal trial. But the exchange’s native token, FTT, went notably unnamed. Within crypto circles, the token’s precipitous drop last November goes hand-in-hand with FTX’s sudden collapse. But as federal prosecutors presented […]
Since its launch in late September, Stars Arena—once known as Starshares—has drawn a significant increase in transactions on the Avalanche network. According to DappRadar, the Stars Arena platform recorded over 215,000 transactions on Monday, a sharp rise from the 16,000 daily transactions seen in late September. The transaction volume on the Stars Arena platform has […]
Dogecoin (DOGE) in survival mode as whale instincts might kick in after stretched price depression
A group of Republicans within the U.S. House of Representatives orchestrated the ousting of Speaker Kevin McCarthy, marking the first-ever removal of a House Speaker in U.S. history. McCarthy’s tenure, which began in January 2023, was characterized by division within the Republican Party and accusations of ineffectiveness. Following McCarthy’s removal, the cryptocurrency-friendly United States Representative […]
The price of XRP, the native cryptocurrency of Ripple, has increased by 4% in the last 24 hours, outperforming most of the major coins in the market. The rally comes after a US judge denied the Securities and Exchange Commission (SEC)’s motion to appeal in the ongoing lawsuit against Ripple. The SEC filed a lawsuit […]
Today, Volcano Energy and Luxor Technology Corporation have officially unveiled Lava Pool, El Salvador’s inaugural Bitcoin mining pool powered by abundant renewable geothermal energy. Volcano Energy, a unique public-private partnership committed to contributing 23% of its net income to the Salvadoran government, will exclusively mine blocks through Lava Pool. “Lava Pool is another example of […]
Bitcoin price found support near the $27,200 zone. BTC is now rising and might accelerate higher if it clears the $27,850 resistance zone. Bitcoin is attempting a fresh increase from the $27,200 support. The price is trading above $27,500 and the 100 hourly Simple moving average. There is a key rising channel forming with resistance […]