TL;DR Circle has decided to cease support for USD Coin (USDC) on the Tron blockchain, which has had a significant impact on the world of cryptocurrencies. This measure, part of the company’s commitment to maintaining the reliability and security of USDC, primarily affects Circle Mint’s commercial customers, with a deadline set for February 2025. Although […]
In 2023, Gyeonggi Province, the most populous province in South Korea, collected millions of dollars from tax evaders by tracking their crypto assets on several centralized exchanges. According to a report by local media Yonhap News Agency, the Gyeonggi Tax Justice Department accrued 6.2 billion won ($4.67 million) in undeclared taxes from evaders by using […]
Mike Novogratz forecasts potential dips for Bitcoin but remains bullish
As Bitcoin makes its way through the erratic waves of the cryptocurrency market, crypto analysts are still bullish about the asset, predicting BTC to reach unprecedented heights in the long run. Bitcoin To Reach $500,000 In The Long-Term Bitcoin is currently in the spotlight as crypto expert Michael Van De Poppe has shared a bold […]
In a notable development within Japan’s cryptocurrency landscape, JasmyCoin (JASMY), the country’s largest cryptocurrency project, has experienced a remarkable surge in price over the past month. With gains exceeding 140% in the last 30 days and over 100% in the past week alone, JASMY has garnered significant attention from investors and market observers alike. Prior […]
Many have already pronounced the death of NFTs, and in part, they are correct. Amidst the fervor of the NFT hype cycle, we saw huge valuations and sales such as Beeple’s ‘The 5000 Days’ collection selling for a staggering $69.3 million. However, not substantiated by anything beyond the hype, the market came crashing down with […]
It’s been just over a month since we launched advanced-feature futures trading* on the Kraken Pro mobile app, and the response has been phenomenal. Thousands of traders already enjoy the convenience of trading futures directly from their mobile devices. The Kraken Pro mobile app’s fresh new UI is built on our 5-year-battle-tested futures platform. Access […]
Well-known analyst Jim Bianco has expressed concerns over the recent Spot Bitcoin ETFs He believes the centralisation (ETFs) of a supposed decentralised asset (BTC) is incompatible. The president of Bianco Research laments that people are more interested in ‘number go up’ than in actually building a new financial system. Oh my, Jim what have you […]
… cryptocurrency each, and collectively, they received $3.4 billion in illicit cryptocurrency in 2023. “While that still represents significant …
Cryptocurrency analyst and trader Kevin Svenson is warning that Bitcoin (BTC) could undergo a significant correction after reaching a price last witnessed in November of 2021. Svenson tells his 72,400 YouTube subscribers in a new video that even though he remains bullish on the flagship crypto asset, Bitcoin could fall by a little over 25% […]
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a Solana (SOL) ecosystem memecoin. The analyst pseudonymously known as Bluntz tells his 240,300 followers on the social media platform X that dogwifhat (WIF) is on the cusp of breaking through its all-time high of around $0.47 (and which is now a major […]
First-ever staking protocol for proof-of-work blockchains, unveils its ecosystem of partners on Feb. 21
Tom Lee, Managing Partner and Head of Research at Fundstrat Global Advisors, recently commented on the future trajectory of Bitcoin. He also mentioned when the flagship crypto token could hit this particular price level. Bitcoin To Rise To $150,000 This Year Lee mentioned during an appearance on CNBC’s “Squawk Box” that Bitcoin could rise to […]
TL;DR Bitcoin exchange-traded funds (ETFs) have experienced impressive growth in recent weeks, reaching record levels of trading activity. The recent record trading volume of BTC ETFs in the United States reached around $2 billion, marking the most active day since their launch in January. ETFs like VanEck’s HODL, WisdomTree Bitcoin Fund (BTCW), and BitWise Bitcoin […]
[PRESS RELEASE – Yerevan, Armenia, February 21st, 2024] In an exciting development for the online gaming community, BitKong Casino is proud to announce the launch of its newest game, Crash, this February 2024. Known for its innovative approach to gaming, BitKong is once again at the forefront, blending the thrill of cryptocurrency with cutting-edge gameplay […]
Bitcoin exchange-traded funds (ETFs) witnessed unprecedented trading activity, setting new daily volume records, possibly influenced by the closure of markets for Presidents Day. #Bitcoin #ETF volumes & inflows have seen record daily highs, perhaps aided by closed markets for #PresidentsDay. Amongst the 7 largest ETF's, there was a combined $6.94B in volume. Individual #alltimehighs included […]
Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags $3.5M Capital Injection From UOB Startale Labs, known for spearheading initiatives […]
A Texas-based cryptocurrency company, Lejilex, in conjunction with the Crypto Freedom Alliance of Texas (CFAT), launched a legal challenge against the US Securities and Exchange Commission (SEC) on Wednesday. The lawsuit, filed in federal court in Fort Worth, asserts that the SEC has exceeded its regulatory boundaries by asserting jurisdiction over digital assets traded on […]
A popular crypto analyst is turning bullish on one peer-to-peer storage altcoin project that is backed by billionaires. The pseudonymous trader known as Altcoin Sherpa tells his 207,700 followers on the social media platform X that decentralized storage network Filecoin (FIL) could increase more than 125% from its current value within months. “FIL: This doubles […]
Bitcoin is trading at USD $52,260, still 24.5% below its all-time high of USD $69,044.77, yet in Japan, it’s trading higher than its previous high in November 2021. The weakening of local currencies against the US Dollar and negative/ low interest rates have led to Bitcoin reaching new highs in a number of countries. Meanwhile […]
Shiba Inu (CRYPTO: SHIB) burst onto the scene in 2021, when the cryptocurrency market was experiencing a raging bull market during the second year …
Can price of Bitcoin (BTC) get to $53,000 zone by end of week?
A crypto investor, Fred Krueger, thinks Ethereum is overvalued at spot rates. Referring to X, Krueger added that Ethereum supporters are “detached from reality” after ETH, the native currency, recently broke above $3,000. The investor pointed to the general declining on-chain activity, fierce competition from alternatives like Solana and Avalanche, for instance, and regulatory uncertainty […]
TL;DR Bitcoin experienced significant price fluctuations in the past few days, soaring to nearly $53,000 before dipping below $51,000, with predictions of future increases based on on-chain metrics and the upcoming halving. Ripple continues to fight the SEC over XRP’s classification as a security, getting partial court victories and expanding globally. Shiba Inu’s Shibarium achieved […]
The US government is sanctioning the crypto wallets believed to belong to two Russian nationals linked to the ransomware group LockBit. In a statement, the Treasury Department’s Office of Foreign Assets Control (OFAC) says that it has sanctioned several Bitcoin (BTC) and Ethereum (ETH) wallets linked to the group. According to a press release, the […]
TL;DR Arthur Hayes, ex-CEO of BitMEX, shares his views on the crypto market, its trends, challenges, and opportunities. Hayes predicts a bull market for Bitcoin and Ethereum, but dismisses Cardano as “the first Ethereum imitator” and “dog shit.” Hayes advises crypto investors to stick to their strategies, avoid greed, and take profits when appropriate. In a recent […]
Earlier this month, Zetachain (ZETA) celebrated a significant milestone as it reached an all-time high (ATH) of $2.854. The surge marked a moment of triumph for the token, buoyed by positive market sentiment and a string of successful partnerships. However, in the past week, Zetachain has experienced a downtrend, witnessing a 13% decline over the […]
On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain communication and multi-chain scalability. AMD’s FPGA Tech to Power Wormhole’s Interoperability Ambitions Wormhole, an interoperability platform for blockchains, […]
Bayo Onanuga, an adviser to Nigeria’s President Bola Tinubu on information and strategy, has ignited a contentious debate by calling for a ban on cryptocurrency trading platforms including Binance, KuCoin, and others within the country. Onanuga Urges EFCC and CBN to Halt Cryptocurrency Exchanges Onanuga’s call for the ban surfaced on X social media platform […]
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Bitcoin’s price soared in February, with gains over $10,000, highlighting a potential acceleration in the current market cycle despite a lack of significant retail interest. Analyst Michael Pizzino stressed the importance of short corrections for the health of the accelerating bull market and cautioned against getting too caught up in the hype. Pizzino pointed out […]
Shiba Inu’s burn rate surges as its price approaches major milestone