The governor of California has signed off on a bill that aims to create a new regulatory framework for digital assets. Governor Gavin Newsom recently signed Assembly Bill 39, which establishes the Digital Financial Assets Law. The legislation requires the state’s Department of Financial Protection and Innovation (DFPI) to “create a robust regulatory framework, including […]

Digital assets manager CoinShares says XRP, Solana (SOL) and another Ethereum (ETH) rival are being favored by institutional investors in 2023 so far. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors have poured more money into Solana, XRP and Cardano (ADA) this year than any other altcoin, including ETH. After weekly […]

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. Topics this week: Paul Tudor Jones 3 Trades Bitcoin, Ethereum and BNB Last week, I wrote […]

Summary A tweet wrongfully claimed that a Spot Bitcoin ETF has been approved. The news site behind the tweet apologised but also put some onus on the investor. The events highlight the immature crypto media landscape, but also a strong interest in BTC. Crypto Twitter was in a frenzy last night after an errant tweet […]

Ether’s deflation disappears completely

TL;DR Japanese crypto exchange BitTrade will support Dogecoin (DOGE) and Shiba Inu (SHIB) from October 18. Shibarium’s Market Strategist, LUCIE, highlighted the announcement. Mass adoption and Shibarium’s advancements are seen as key to SHIB’s future price growth. Shifting Focus Towards Memecoins The Japanese cryptocurrency exchange – BitTrade – revealed on X (Twitter) that it plans to […]

The Shiba Inu ecosystem has started out the new week on a particularly positive note. The burn rate, which is a community initiative to reduce the massive supply of the token, has seen a significant jump as the price of the meme coin has recovered. SHIB Burn Rises 233% A Monday report by Shiba Inu […]

Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting.

A closely followed crypto strategist says that one altcoin with a market cap of $1.934 billion looks anything but bullish. Pseudonymous trader Altcoin Sherpa tells his 196,800 followers on the social media platform X that the native asset of the interoperable blockchain ecosystem Cosmos (ATOM) appears poised for more downside price action. ATOM, which is […]

Binance, one of the world’s leading cryptocurrency exchanges, has successfully completed its 25th quarterly burn of BNB (Binance Coin). This burn represents a key step in Binance’s strategy to gradually reduce the total supply of BNB, thereby contributing to maintaining the health of the BNB Chain ecosystem. In this edition, two essential components of burning […]

Effective today (Monday), Binance will temporarily halt the registration of new users in the United Kingdom. This move is in response to the recent restrictions imposed by the Financial Conduct Authority (FCA), which prevented Binance’s local partner from approving cryptocurrency advertisements. The crypto exchange had partnered with Rebuildingsociety.com to facilitate the approval of Binance’s promotional […]

Australia will regulate cryptocurrency exchanges and platforms to reduce risk and protect consumers by lifting operating standards and increasing …

Shiba Inu token BONE kickstarts week with big green candle on price chart as price continues its pivot

Bitcoin again edged back toward $28,000 on Monday morning as the cryptocurrency’s spot ETF journey took another bullish turn. It’s currently trading hands at around $27,700 after hitting $27,958 early Monday morning, per CoinGecko data. A key driver behind the latest move has been a key legal update in Grayscale’s ETF aspirations. On Friday, several […]

Tether, the world’s largest stablecoin company, has reaffirmed its commitment to combating cryptocurrency-funded terrorism and warfare by collaborating with law enforcement agencies worldwide.  The company has frozen 32 addresses containing $873,118.34, allegedly linked to illicit activities in Israel and Ukraine.  Tether Collaborates With Global Law Enforcement According to a blog post on October 16, Tether […]

FCF Pay’s X account has been suspended amid circulating misreporting about its “partnership” with Honda, which has never happened.

Since November 2021, the cryptocurrency market has been experiencing a decline – the crypto winter. Although the declines have eased, many analysts have forecasted an extension of the winter. In this extension, how will two top projects, Dogecoin and BNB perform? Meanwhile, Everlodge continues to defy the bearish trend, rallying to $0.020. Visit the Everlodge […]

Introduction In the ever-evolving landscape of fundraising, cryptocurrency-based initiatives have carved a significant niche for themselves.

The price of Bitcoin (BTC) jumped by more than 10% on Monday, reaching as high as $30,000, after a rumor spread that the U.S. Securities and Exchange Commission (SEC) had approved the first spot Bitcoin exchange-traded fund (ETF). The rumor was first reported by Cointelegraph, a crypto news outlet, which claimed that the SEC had […]

El Salvador’s Vice President, Félix Ulloa, has expressed his belief that Bitcoin’s adoption is playing a pivotal role in the country’s economic and political resurgence. In a new interview with Forbes, Vice President Ulloa described it as a driving force behind a transformation that is fueling tourism, investment, and economic growth. Ulloa stated, “Without a doubt, tourism and […]

There has been historic rise in wallets holding at least 10 BTC since 2022

Despite an array of uncertainties that have dotted the crypto horizon, recent data from Coinshares reveals a continuous faith in the sector, especially the foremost crypto giant, Bitcoin. Digital asset investment products have seen a steady and positive trend, recording net inflows for three weeks. Amid these inflows, Bitcoin emerges as the most dominant, presenting […]

To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) will officially cross into bull market territory if it manages to clear two resistance levels. Analyst Ali Martinez tells his 31,200 followers on the social media platform X that DOGE is trading within a large triangle pattern. According to the trader, DOGE could potentially […]

A trader who accurately called the end of Bitcoin’s (BTC) 2021 bull market thinks that the crypto king will once again meteorically rise due to the inevitable return of money printing. Pseudonymous analyst Pentoshi tells his 702,300 followers on the social media platform X that it’s only a matter of time before the US government […]

Shares in Grayscale Investment’s Bitcoin Trust (GBTC) are trading at a 16% discount to the price of the underlying Bitcoin (BTC). The narrowing of the discount from 48% at the start of this year suggests investors are optimistic the US Securities and Exchange Commission (SEC) will approve GBTC’s conversion into an exchange-traded fund (ETF). Shares […]

We’re launching our first global marketing campaign to drive forward our mission of accelerating the adoption of crypto so everyone can achieve financial freedom and inclusion. There has been too much focus on what’s broken in the current financial system and not enough on crypto’s potential as a driver of financial freedom and inclusion. We’re […]

Grayscale Bitcoin Trust (GBTC) – the world’s largest Bitcoin fund – reached its lowest point in 22 months last Friday. The decline in the discount has sparked optimism as spot Bitcoin exchange-traded funds (ETFs) in the United States are moving closer to becoming a reality. This comes as the SEC passed the deadline to appeal […]

Transaction reporting: Cryptocurrency transactions must be reported accurately, including details like transaction dates, amounts, parties involved, …

Bitcoin Twitter has been an exciting place over the last year as the Nostr and Ordinals protocols became the new up-and-coming protocols on the scene. Ordinals exposed a fault line starting to form within the Bitcoin community. The ossifiers class that wants to keep Bitcoin the way it is versus the builders that want to […]

The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use.

An altcoin from the Ethereum (ETH) ecosystem has exploded as one of its biggest holders appears to enter accumulation mode, according to on-chain data. Blockchain tracking firm Lookonchain says that Loom Network (LOOM) rose over 31% in less than a day just as one large whale, potentially Korean crypto exchange Upbit, accumulated nearly $6 million […]