The XRP price continues to trade sideways on low timeframes as the crypto market faces a spike in selling pressure. While major cryptocurrencies will likely bleed into critical support, one analyst believes there is hope for the XRP Ledger native token. As of this writing, the XRP price trades below the critical psychological level of […]
One of the co-creators of popular meme asset Dogecoin (DOGE) is calling out the DOGE community for its lack of productivity. In a new thread on the social media platform X, Billy Markus, also known as Shibetoshi Nakamoto, says that the DOGE community doesn’t “do anything productive at all” but also adds that developing for […]
Philippine-based crypto exchange Coins.ph says it is teaming up with fintech firm Circle to enable its 18 million Filipino users to enjoy better remittance services. In a statement, Coins.ph says stablecoin-denominated remittances enable fast, cheap and secure international money transfers. Circle is the company behind USDC, the second-largest stablecoin by market that aims to keep […]
In a recent CNBC interview, Stuart Alderoty, Ripple’s top lawyer, stressed the cryptocurrency’s distinct status in the U.S., emphasizing its unique classification as a non-security following a court ruling
Summary Caroline Ellison, SBF’s former lover, prepared seven balance sheets to mislead investors. SBF, Ellison and Wang allegedly plotted to manipulate the price of Bitcoin to keep it under $20k. SBF reportedly offered Chinese officials over $100m in bribes to unfreeze FTX assets. The Sam Bankman-Fried trial is the hottest news in crypto, and the […]
Summary Jim Cramer has once again voiced his dislike for digital assets. His comments come after Paul Tudor Jones said he would increase his holdings in gold and Bitcoin. Inverse Cramer” has become a popular meme, but its accuracy is inconsistent. Jim Cramer has taken another swipe at Bitcoin (BTC). Speaking on CNBC’s ‘Squawk on […]
ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg’s ETF analysts.
Lido Finance has revealed a total of 20 slashing events caused by configurator issues from validators operated by Launchnodes. The platform highlighted that the incident took place not too long ago and rendered all of Launchnodes’ validators offline. These slashings have come to a halt and the main cause of the incident is currently being […]
TL;DR Despite SHIB’s market drop, whales bought billions of tokens, with one transaction totaling $31 million. Predictions hint at SHIB nearing its price bottom, with the potential to reach an 8-month high soon. Recent Shibarium advancements and Shiba Inu’s token burn are highlighted as positive indicators for the coin’s future. Whales Seem Undeterred Despite SHIB’s […]
Caroline Ellison, Alameda’s former Chief Executive Officer, is expected to take the stand today (Thursday) to testify against Sam Bankman-Fried (SBF) for the third day. Her previous testimony revealed instances of deceit and fraud at FTX before the exchange collapsed. As the courtroom witnessed the proceedings, Ellison recounted the ups and downs during the final […]
Ethereum, the brainchild of Vitalik Buterin, has evolved from a determined second-place player into a formidable contender for the cryptocurrency …
In the heart of Sacramento, a quiet drama unfolds. As California’s legislative session concludes, two pivotal crypto regulatory bills, AB 39 and SB 401, stand on the cusp of becoming state law. These developments carry profound implications for the bitcoin and broader crypto industry, transcending California’s borders to influence future regulatory paths across other states […]
On-chain data shows Bitcoin has failed in its latest retest of a historically significant metric, a sign that a bearish trend might have taken over. Bitcoin Has Been Rejected From The Short-Term Holder Cost Basis As pointed out by an analyst in a post on X, BTC is currently facing resistance at the short-term holder’s […]
Ethereum’s native token, Ether, is poised to potentially touch $8,000 mark within next two years, per predictions by global bank Standard Chartered
The world’s largest asset manager wants to take control of a raft of domain names that have been registered to imitate it.
Crypto analyst Nicholas Merten is issuing a warning that memecoin Dogecoin (DOGE) is likely not finished correcting against Bitcoin (BTC). In a new video update, Merten tells his 512,000 YouTube subscribers that he expects Dogecoin to remain in a bearish trend against Bitcoin for a while as the monthly DOGE/BTC chart continues to show weakness. […]
A closely followed crypto strategist says he is flipping bullish on Bitcoin (BTC) after the king crypto dipped below the $28,000 level. Pseudonymous analyst Credible Crypto tells his 346,700 followers on the social media platform X that BTC will likely reverse its downtrend after finding support at a key level. “Did you flip bullish at […]
Summary JPMorgan’s tokenisation platform is called the “Tokenised Collateral Network” (TCN). The bank completed its first tokenised swap with financial institution BlackRock. JPMorgan’s entry into the blockchain sector is a landmark moment for bridging the gap between TradFi and DeFi. Traditional finance giants, JPMorgan, committed themselves to the blockchain sector yesterday upon launching their tokenisation […]
Summary Real USD (USDR) de-pegged from the US Dollar on Wednesday, dropping by nearly 50%. USDR was backed by real estate and generated revenue through rental income. Although USDR holders will not lose significant amounts of money, the coin will be decommissioned following the de-pegging. Over a year since the calamitous collapse of TerraUSD, another […]
Former Alameda Research CEO Caroline Ellison offered more details about various financial crimes she committed at FTX with her ex-boyfriend, Sam Bankman-Fried while testifying in court on Wednesday. Besides stealing FTX customers’ money, Ellison said FTX bribed the Chinese government with $100 million to unlock a much larger pool of frozen assets. FTX’s Bribes According […]
The stablecoin issuer Circle has partnered with Coins.ph, a cryptocurrency exchange based in the Philippines, to promote USDC-denominated remittances. According to a statement released by the company, the service aims to offer a secure, cost-effective, and nearly instant solution for international money transfers for users. Coins.ph’s CEO, Wei Zhou, said: “Coins.ph’s partnership with Circle aims […]
You're scrolling through TikTok when you see a video showing a pile of cash. The creator said they earned the money by investing in cryptocurrency …
Bitcoin startup Chainway has taken a significant stride in the space with its introduction of the first Ethereum Virtual Machine (EVM) transaction on bitcoin. This is part of Chainway’s continued efforts to implement ZK rollups on bitcoin, a move that may offer enhanced scalability and privacy features to bitcoin. Chainway’s recent demonstration serves as a […]
Alon Muroch, the founder of SSV Network, has been drafted into the Israeli Army, according to an X post shared on October 10. Following this news, SSV, the native token of the SSV Network, fell 5%, dropping below the $14 mark. At this pace, SSV is moving closer to its all-time low of around $13.40, registered in […]
Coinbase and the OKX Exchange have recently joined hands to launch the BIGTIME token in the spot market. It has been revealed that the token was developed by a team consisting of experienced game developers who have worked on several renowned titles. The fundamental aim of the project is to establish a multiplayer role-playing platform […]
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Trezor is celebrating its 10th anniversary by releasing three new self-custody products, with a focus on providing entry-level devices.
Anatoly Yakovenko, co-founder of smart contract platform Solana (SOL), is naming what he says is an “obvious” use case for crypto and blockchain. In a new interview with Austin Federa, head of strategy at the Solana Foundation, Yakovenko says simple payments are one obvious use case for digital assets that anyone can benefit from. “I’m […]
Summary The bank predicts Ether to increase five-fold, sets end of 2024 target to US $4,000 ($6,250). Despite solid year-to-date growth, ETH remains well below all-time highs. While some Ethereum ETFs have received approval and others still await a decision, so far uptake is mediocre Earlier in July, Standard Chartered predicted that Bitcoin (BTC) could […]
Bitstamp’s CEO, Bobby Zagotta, announced that the firm will be discontinuing its services to customers in Canada. The decision is set to take effect on January 8, 2024, and comes after Bitstamp informed its Canadian customers of the impending change back in March. Bitstamp to Exit the Canadian Market Bobby Zagotta, the U.S. CEO and […]
Caroline Ellison, the former Chief Executive Officer of Sam Bankman-Fried (SBF)’s crypto hedge fund Alameda Research, took the stand to testify against him on the second day of her appearance today (Wednesday). Her testimony revealed aspects of SBF’s character, who faces allegations of fraud related to the collapse of FTX. In a report by Reuters, […]
Cryptocurrency exchange Binance announced that e-wallet service provider and payment gateway, SticPay will partner with Binance's payment solution, …