BitPay chosen as payment processor to protect against price fluctuations. Ferrari has started to accept payment in cryptocurrency for its luxury …

In a significant development, the U.S. Securities and Exchange Commission (SEC) has decided not to appeal a recent court decision favoring Grayscale Investments’ Bitcoin ETF conversion plans, according to a report by Reuters. The decision, which comes after a legal battle and months of anticipation, may signal a shift in the regulatory landscape towards the […]

Summary U.S. Investors have long waited for the approval of several Spot Bitcoin ETFs. A decision is expected anytime soon as the regulator has until Friday, U.S. time to make a decision. Analysts see the chance of approval around 75%, with a 95% chance of approval by the end of 2024. Bitcoin Spot ETFs have […]

Bulls pushed back and momentarily halted the increasing selling pressure impacting Cardano, Solana, and Ethereum. The altcoin market has been stabilizing over the last day, but fresh data points to potential issues in the short term. As of this writing, Cardano (ADA) trades at $0.23 with sideways movement in the past day. Solana and Ethereum […]

The former CEO of an investment firm marketed as offering algorithmic trading strategies involving crypto futures contracts is pleading guilty to running a cherry-picking scheme. Peter Kambolin, the owner and CEO of Systematic Alpha Management LLC (SAM), is pleading guilty to fraudulently allocating the profits and losses from futures trades when he functioned as a […]

Payments processing giant Mastercard and the Reserve Bank of Australia (RBA) have successfully tested the interoperability of a central bank digital asset (CBDC) and the ability to restrict the use of that currency to “authorized parties.” Mastercard’s solution enabled the holder of a pilot CBDC to purchase a non-fungible token (NFT) listed on Ethereum (ETH), […]

Cryptocurrency investors have experienced a period of financial instability in recent times. However, the massive presale success of Everlodge has provided them with a renewed sense of optimism. Experts have also opined that this new project can trigger the next market bull run. On the other hand, cryptocurrencies like Cardano (ADA) and Toncoin (TON) have […]

Former Alameda CEO Caroline Ellison recognized she wasn’t doing a good job months before the company filed for bankruptcy, but Sam Bankman-Fried persuaded her to stay.

Analyst believes that Bitcoin is far more resilient than second-biggest cryptocurrency on market

Cryptocurrencies have evolved from a fringe concept to a mainstream investment vehicle, attracting not just individual investors but also the attention of cybercriminals. A recent report by The Money Mongers sheds light on the staggering amount of money lost to crypto hacks over the past decade, highlighting the risks that come with the rewards of […]

(WJHG/WECP) – Local …

Today on day two of Bitcoin Amsterdam 2023, the President of Madeira Miguel Albuquerque, alongside Prince Filip of Serbia in a fireside chat, announced the creation of a Bitcoin business hub in the region to foster innovation.  “Last night you showed me the picture of what will be the new Bitcoin business hub,” said Prince Filip. “The […]

Crypto analyst Nicholas Merten believes Bitcoin’s (BTC) next halving will not ignite the renewed bull market that many traders and analysts expect. In a new video update, Merten tells his 512,000 YouTube subscribers that unlike many other analysts, he does not believe the BTC halving event in 2024 will spark a huge rally as past […]

A new report by River, a company that provides Bitcoin technology and financial services, has revealed that the Lightning Network, a layer that enables fast and cheap Bitcoin transactions, has grown by 1,212% in two years. The report, which was published on October 12, 2023, used data from node operators that account for 52% of […]

Uniswap, a leading decentralized cryptocurrency exchange, has launched a closed beta version of its mobile app for Android users. The app aims to provide a more convenient and user-friendly way to swap tokens on multiple chains, including Ethereum, Polygon, Optimism, Arbitrum, Base, and BNBChain. The app can automatically detect which network a token belongs to […]

Ethereum price is trading at roughly $1,550 after failing to get back above $2,000 throughout the entirety of 2023 thus far. Increasingly higher lows during the year and a horizontal resistance zone had formed an ascending triangle – a potentially bullish chart pattern. This pattern, however, is possibly failing. A busted pattern target could send […]

Summary Mastercard and the Reserve Bank of Australia have completed a CBDC trial. The test, which included several partners, leveraged Ethereum and NFT marketplace smart contracts. Australia is exploring several use cases for CDBCs, including cross-border transactions. The Reserve Bank of Australia (RBA) and Mastercard have completed a trial that included the tokenisation of central […]

Summary Ripple’s Chief Legal Officer is concerned that the United States is lacking clarity when it comes to crypto. He believes every token deserves clarity without lengthy court battles; but changes won’t happen overnight. While some issues in SEC vs Ripple are still outstanding, the status of XRP as a non-security is not under threat. […]

If true, the SEC will need to review and make a decision on Grayscale’s spot Bitcoin ETF application. If denied, Grayscale could appeal the decision.

Beluga, a Multichain AMM protocol, recently fell victim to a malicious hacking attack that scooped about $175K in crypto a few hours ago. This is just the latest hacks and cyber attacks that have been clouding the crypto space in 2023, stealing over a billion. Beluga Protocol Attacked As per the reports, this attack targeted […]

A widely followed crypto analyst is breaking down Bitcoin (BTC) by looking at its historical patterns. Pseudonymous crypto trader Rekt Capital tells his 359,500 followers on the social media platform X that if BTC repeats the pattern it displayed in 2019, it’s going to fall further before rebounding. “BTC… If history repeats…Green circle first. Then blue […]

How long is drop of XRP going to last?

The cryptocurrency community has been buzzing with excitement as the Securities and Exchange Commission (SEC) considers whether to approve a Bitcoin exchange-traded fund (ETF). This potential crypto milestone begs the question: How popular would a spot Bitcoin ETF be if approved by the SEC? In this essay, we will look at the relevance of a […]

Melissa Wisner, vice president of crypto risk at Ciphertrace, Mastercard's crypto intelligence firm, highlighted the maturation of the cryptocurrency …

From Cyberspace to Outer Space Tension is building in the mines. As the 4th Halving nears and the block reward trims to 3.125 bitcoin per block, miners must not only adapt to a significantly diminished reward, but contend with an increasingly profit-hostile future which might have surprised even the prescient Nakamoto. Indeed, despite widespread hope […]

Data shows that Dogecoin transactions have dropped more than 98% since June, a sign that investors have lost interest in the meme coin. Dogecoin 7-Day Transaction Count Has Dropped To Just 37,300 According to data from the market intelligence platform IntoTheBlock, activity on the DOGE network has really slowed down recently. The metric of interest […]

This Friday, October 13, some 24,000 Bitcoin options contracts are about to expire, with a value close to $640 million, generating some rumors in the market regarding how these types of impacts are being diluted lately by the leading asset of the crypto ecosystem in recent times. Although the general cryptocurrency market has been under […]

Eetu Kuneinen argued against CBDCs, as they are “centralized by nature,” saying that certain dangers come with government control.

Summary Hamas told its advocates in April 2023 to cease sending the militant group Bitcoin. Bitcoin, though unfairly associated with criminal activity, is historically ineffective for money laundering. The public nature of Bitcoin’s blockchain made it easy for authorities to track Hamas’ movements until they stopped using BTC. Palestinian militant and political group Hamas has […]

New data reveals deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of digital assets, including Bitcoin (BTC) and Ethereum (ETH). According to data from whale-tracking platform Whale Alert, $511 million worth of the top crypto asset by market cap just moved to the top US-based digital asset exchange Coinbase or an […]

BarnBridge is the latest crypto project that found itself entangled in legal proceedings initiated by the US Securities and Exchange Commission (SEC). With potential financial penalties on the horizon, the project turned to its token holders. The details of any specific order sent by the financial regulator have not been disclosed. Voters Decide on SEC’s […]

The rise of stablecoins has been nothing short of revolutionary. These digital currencies, which are frequently pegged to traditional assets such as the US dollar, have promised to transform the way corporations conduct international trade. But the big question is whether stablecoins have genuinely delivered on their promise of making cross-border commerce cheaper and easier, […]