The announcement by the European Central Bank (ECB) that it has decided to move to the next phase of the digital euro project is a significant step in the direction of a European digital currency, but it also raises a number of critical issues that deserve deeper scrutiny, as highlighted in the information provided in […]

An analyst has explained using on-chain data that Bitcoin has a major demand bucket at the current price levels, so it won’t hit $20,000 anytime soon. Huge Bitcoin Buying Occurred Inside The $25,000 To $30,000 Range In a new post on X, analyst Ali has explained that some large entities accumulated at the $25,000 to […]

TL;DR US attorney John E Deaton noticed a potential shift in the SEC’s stance towards the cryptocurrency industry, especially after not leveraging the recent fake BTC ETF news to criticize the sector. Previously, SEC’s Chairman Gary Gensler frequently associated crypto with negative activities. Deaton suggests Gensler’s behavior may be influenced by major institutions’ opinions. Despite […]

Glassnode’s Yann Allemann has pointed to a narrowing in Bitcoin’s Bollinger Bands Width (BBW) down to 0.20, hinting at potential dramatic price shifts

Lightning payments app Strike has introduced a new feature that enables its users to utilize their bitcoin for everyday necessities. This comes after the platform partnered with Bitrefill to bring more practical functions to its service offerings. The notable advancement through this integration is the ability for users to purchase gift cards using their bitcoin […]

Securrency will help DTTC increase its role in developing digital asset clearance options. DTTC settled $2.5 quadrillion worth of securities transactions in 2022.

Ethereum (ETH) creator Vitalik Buterin says he hasn’t sold ETH for personal gain since 2018. Buterin notes on the decentralized social media network Warpcast that people should be wary of news articles reporting on his ETH moves. “If you see an article saying ‘Vitalik sends XXX ETH to [exchange],’ it’s not actually me selling, it’s […]

Reddit reportedly plans to discontinue its Ethereum (ETH)-based rewards program called Community Points by next month. Community Points allow Redditors who make high-quality contributions to the platform such as creating content and moderating to earn ERC-20 tokens that can be used to redeem badges, animated emoticons and other special features. According to Reddit, Community Points […]

Stablecoins, a type of cryptocurrency designed to maintain a steady value by linking it to a reserve of assets such as fiat currency or commodities, have received a lot of interest and adoption in recent years. They promise the best of both worlds: digital currency efficiency and traditional currency stability. However, the stability of stablecoins, […]

Mass adoption is the elusive ‘Holy Grail’ of any consumer technology, and something that has been written and thought about a lot as it relates to the emerging Web 3.0 industry. But how does one measure something like ‘mass adoption’? Would it be based on the number of users? Or the revenue generated by the […]

The layer-1 Aptos blockchain network has shared details on a major outage it suffered on its one-year anniversary. The blockchain went down for more than five hours, but transaction load or network capacity did not cause the issue. On October 20, the Aptos network team shared a post-mortem detailing events that led to a major […]

… cryptocurrency "mixers" to combat the use of the tool by malicious actors, including the Palestinian militant group Hamas. (Reporting by Hannah …

In a recent report released by Matrixport, a digital assets financial services platform, the spotlight shifts beyond Bitcoin (BTC) as the eagerly anticipated approval of a Bitcoin spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC) could have far-reaching effects.  According to the analysis, not only could the Bitcoin market experience a […]

The co-founders of the crypto analytics firm Glassnode believe Bitcoin (BTC) is about to soar as it holds above $28,000. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say a key indicator is flashing for the crypto king. The traders look at the Bollinger bands bandwidth […]

New York State Attorney General (AG) Letitia James is suing three large crypto firms for allegedly defrauding over 230,000 Americans. In a new press release, AG Letitia James says that she is taking legal action against the crypto exchange Gemini, the lending firm Genesis and the investment giant Digital Currency Group (DCG) over allegations that […]

New York Attorney General Letitia James has filed a lawsuit against three cryptocurrency firms, Gemini, Genesis, and Digital Currency Group (DCG), for allegedly defrauding investors of more than $1 billion through a deceptive investment program. According to the lawsuit, Gemini, a crypto exchange founded by the Winklevoss twins, launched Gemini Earn in February 2023, a […]

Fidelity’s move might push approval of Bitcoin ETF closer to reality

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The Lightning Network, a node-based payment protocol designed to solve Bitcoin’s solvability problem, has shattered all […]

Advancements in AI have made it possible to create deepfake videos and voices in which scammers write the scripts to try and illegally obtain others’ crypto.

TL;DR Speculation suggests France might use XRP for its digital euro, backed by positive references from Banque de France. The European Union is progressing towards a digital euro with recent European Central Bank movements. Bhutan and Montenegro have already collaborated with Ripple for their CBDC efforts. Could XRP Find a Spot in France’s Future Financial […]

Vienna-based crypto exchange Bitpanda has secured a virtual asset service provider (VASP) license in Norway as it continues its expansion in Europe. With the addition of Norway to its list of regulated markets, Bitpanda has strengthened its presence in the region. The company holds licenses in Austria, Germany, Czechia, France, and Sweden. In a statement […]

… cryptocurrency “mixers” to combat the use of the tool by malicious actors, including the Palestinian militant group Hamas. (Reporting by Hannah …

The largest US-based crypto exchange wants to prevent crypto from thriving in offshore jurisdictions. In a new blog post, Coinbase says leaving crypto to flourish abroad where entities are not subject to US laws will only enable bad actors to easily use digital assets for illicit purposes. “We maintain a robust compliance program, which includes […]

A widely followed crypto analyst is breaking down Bitcoin’s (BTC) trajectory while taking a hard look at the altcoin cycle. Crypto trader Michaël van de Poppe tells his 668,800 followers on the social media platform X that BTC is in the midst of “fighting crucial levels.” “Bitcoin fighting crucial levels.  A retest around $27,700 would still be […]

Cointelegraph’s Hashing It Out podcast talked with MultiChainZ chief operating officer Aanchal Thakur to discuss a popular decentralized finance (DeFi) use case: lending. Host Elisha Owusu Akyaw and Thakur explored what makes a cross-chain lending platform different from other platforms and the potential risks it entails. Other highlights include conversations about institutions, DeFi lending, nonfungible […]

The New York Attorney General’s office has filed a lawsuit against Genesis Global Capital, Gemini Trust, and Digital Currency Group (DCG) this morning. The complaint also includes allegations against Soichiro Michael Moro, the former CEO of Genesis, and Barry E. Silbert, the founder and CEO of DCG. “These cryptocurrency companies lied to investors and tried […]

USDT, also known as Tether, has become an integral part of cryptocurrency markets since its launch in 2014. Pegged 1:1 to the US dollar, it is the most widely used stablecoin with a market capitalization of over $83 billion as of October 2023. But it is also controversial, with opaque reserves and questions around its […]

Yann LeCun a chief AI scientist at Meta said labeling the existential risk of AI is “premature” and it’s “preposterous” that AI might kill off humanity.

Q3, 2023, brought pivotal shifts in crypto landscape marked by regulatory decisions and institutional moves

Grayscale Investments is stepping up its efforts to bring a Bitcoin ETF to the market. Following a recent ruling by the United States Court of Appeals for the District of Columbia Circuit, which urged the Securities and Exchange Commission (SEC) to reevaluate its application, Grayscale submitted a fresh registration statement to the SEC . This […]

TL;DR Former SEC Chair Jay Clayton believes a spot Bitcoin ETF approval by the SEC is “inevitable,” noting high demand from both retail and institutional investors. Bitcoin price spiked on a false alarm of SEC approval; real approval could drive substantial institutional investment similar to the impact of gold ETFs on the gold market. The […]

Governments are increasingly concerned about how to tax cryptocurrencies, notably Bitcoin, as they grow in popularity and influence in the financial world. In the United States, the Internal Revenue Service (IRS) has issued instructions for reporting bitcoin transactions and ensuring tax compliance. Cryptocurrency as a kind of property The IRS considers cryptocurrencies such as Bitcoin […]