SynFutures, a Singapore-based decentralized exchange (DEX) focused on perpetual futures, has just secured an impressive $22 million in its latest funding round. The funding round, which pushes SynFutures’ total funding to $38 million, was spearheaded by Pantera Capital and also saw participation from SIG DT Investments, a subsidiary of the Susquehanna International Group (SIG DTI), […]

$28,000 price mark emerges as critical juncture for flagship cryptocurrency

Onramp, a bitcoin asset management firm, has officially announced the launch of their new multisig custody platform. In an era where the way bitcoins are stored and managed becomes crucial, Onramp brings an innovative solution that promises to set a new standard in the industry. Traditional bitcoin storage methods have posed a significant dilemma for […]

Few events in the cryptocurrency and blockchain industries have prompted as much controversy and speculation as the recent testimony on FTX’s supposed breakdown. FTX, previously regarded as a rising star among cryptocurrency exchanges, has suffered a succession of setbacks and controversies that have prompted concerns about the exchange’s future and the industry’s broader ramifications. A […]

Billionaire Mike Novogratz is predicting that a Bitcoin (BTC) exchange-traded fund (ETF) will hit the market before 2024 as pressure mounts on Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC). In a new interview with CNBC, the Galaxy Digital CEO says that all signs point toward a spot market BTC ETF […]

The Basel Committee, composed of global banking regulators, has introduced a proposal aimed at providing greater transparency regarding major banks’ cryptocurrency related asset holdings. The proposal outlines a standardized format that banks will be required to follow, with the implementation set for January 2025. As noted in the report, the primary objective is to offer […]

Bitcoin (BTC) is down by 5% from the week’s high set at $29,900, as it currently sits at the $28,250 level. A false report that a BlackRock Bitcoin ETF had been approved caused the asset’s price to surge 10% in minutes, allowing it to reach the July 2021 low-day closing price of $29,900. Despite its […]

… cryptocurrency. This NFT was commissioned by Intelligent Sanctuary (iSanctuary), a London-based financial investigation firm. iSanctuary …

Hindustan Petroleum, one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders.

Solana is correcting gains from the $25 resistance against the US Dollar. SOL price remains supported and might aim for a fresh rally toward $30. SOL price started a downside correction after it failed to clear the $25 resistance against the US Dollar. The price is now trading above $23.00 and the 100 simple moving […]

Grim signal should not make you worry about XRP too much

Bitcoin is a Monetary Revolution Bitcoin is not simply a new monetary tool, a new currency, or an additional asset class. I tell people that Bitcoin is a Monetary Revolution. The Bitcoin eco-system is full of innovations to bring value beyond simply price growth to new all-time-highs. You can say that the value proposition is […]

European Central Bank (ECB) President Christine Lagarde says that the digital euro currently being worked on by the EU will adhere to strict privacy rules. In an announcement from the ECB, the central bank says that it’s moving into the “preparation phase” of its digital euro project following a decision from its Governing Council. The […]

“It’s good at answering Bitcoin and economics-related questions, at least better than GPT-4”, Aleksandar Svetski tells Cointelegraph at a bustling Bitcoin Amsterdam. The entrepreneur, author and founder of Spirit of Satoshi, a novel AI large language model (LLM), begins to unpack the arduous journey his small startup has undertaken to create its Bitcoin-centric AI chatbot. […]

CoinW, a prominent cryptocurrency exchange, commemorates its 6th anniversary with a grand celebration, spotlighting its remarkable global outreach and steadfast dedication to catering to the community with over 9 million users. Over the course of six years, CoinW has evolved into a platform that transcends geographical boundaries, bridging the gap between diverse regions and fostering […]

Coinbase, a cryptocurrency exchange platform, has announced an expansion of its services, allowing eligible non-US customers to trade perpetual futures on Coinbase Advanced. For sophisticated retail traders worldwide, it provides an integrated platform to access both highly liquid spot markets and cutting-edge derivatives. This move is a response to the substantial demand within the crypto […]

The Office of the Comptroller of the Currency highlighted the “emerging divide” between crypto and tokenization and strongly criticized crypto for being “marked by rampant scams.“

A renowned accounting professor from the University of Notre Dame, Peter Easton, has delivered a stark revelation during the Sam Bankman-Fried trial. Easton’s meticulous analysis of Alameda Research and FTX’s financial records unambiguously affirms the mishandling of customer funds. The government enlisted Easton to conduct an exhaustive examination of the financial landscape of FTX and […]

The US Treasury Department has imposed sanctions on nine individuals of the Palestinian Islamist group Hamas and a Gaza-based cryptocurrency …

The Fantom Foundation has been hacked and exploited for millions of dollars in cryptocurrencies. The details from CeriK, a blockchain security firm, suggest that the funds were drained from Fantom’s crypto wallets through a phishing scam. However, the team of the protocol is currently digging to investigate the attack details. As a smart contract and […]

In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, one of the hottest trends in crypto. Following The Trend, What To Look For At xDay 2023? […]

Sound Advisory / Unchained Unchained, a leading Bitcoin financial services provider, has launched its new service, Sound Advisory, per a press release sent to Bitcoin Magazine. This new platform offers registered investment advisor (RIA) services, specifically designed for investors looking to include bitcoin in their portfolios. The introduction of Sound Advisory comes at a time […]

Top global crypto exchange Binance has reportedly closed more than 100 accounts in response to Hamas’ deadly attack on Israel earlier this month. According to a recent report from the Financial Times, which cited “people directly familiar with Israel’s enforcement actions,” Israeli law enforcement agencies ordered the closures and seized millions worth of crypto in […]

Platform’s move caused enormous losses

Facing challenges in the US, the crypto exchange Coinbase has identified its primary global regulatory hub as Ireland. The platform has already applied for a license from the Central Bank of Ireland, aiming to align with new European regulations set to take effect in December 2024. Coinbase Chooses Ireland amid Regulatory Challenges in the US […]

The crypto exchange has applied for a license under the EU’s new Markets in Crypto-Assets with the Central Bank of Ireland and, if successful, will be able to “passport” its services across EU states.

A widely followed crypto analyst says the odds are looking good that Bitcoin (BTC) will not revisit its prior cycle lows. In a new strategy session, crypto trader Jason Pizzino tells his 290,000 YouTube subscribers that based on Bitcoin’s four-year cycle history, the king crypto will likely hold its key support levels and head into […]

To facilitate cryptocurrency transactions, integrate a payment processor or gateway. Providers like BitPay and CoinGate offer user-friendly plugins …

Bitcoin ASIC manufacturing giant – Bitmain – has reportedly fired four of its employees who leaked salary information and cited the “illegal publication of the company’s announcement on salary release” as the reason behind the move. It emphasized its “Management Standards for External Information Disclosure” once again in the notification, underscoring the requirement that employees […]

In a pivotal moment backed by pro-XRP lawyer John E Deaton’s sentiments, high-profile entrepreneurs Elon Musk and Mark Cuban, along with a consortium of prominent investors, have raised objections against the US Securities and Exchange Commission (SEC). This challenge comes in the form of an amicus curiae brief addressing the SEC’s litigation procedures. Elon Musk […]

A popular analyst says that after an abrupt move to the upside, Bitcoin (BTC) could remain in an uptrend. Pseudonymous analyst Cred tells his 53,500 subscribers of the TechnicalRoundup YouTube channel that if Bitcoin holds above a key level, it could indicate continued bullish momentum for the king crypto. BTC soared to as high as […]

Crypto analytics firm Santiment finds that large wallets are gobbling up the native asset of the decentralized oracle network Chainlink (LINK). Santiment notes that addresses holding between 100,000 and 1 million LINK have accumulated $38.5 million worth of the crypto asset in the past week. The firm says those significant wallet moves are “more relevant […]