Coinbase, the largest cryptocurrency exchange in the United States, is holding onto $25 billion in Bitcoin reserves, an amount that rivals the holdings of Bitcoin’s founder Satoshi Nakamoto. In a post by Arkham Intelligence on Saturday, the company identified an estimated $25 billion in Bitcoin held in about 36 million wallets belonging to Coinbase and […]
In a move that underscores MicroStrategy’s unwavering commitment to Bitcoin, the software company has added 5,445 more BTC to its corporate treasury. The latest acquisition, made on September 24, 2023, comes at an average price of approximately $27,053 per Bitcoin, amounting to an investment of $147.3 million. This purchase brings MicroStrategy’s total Bitcoin holdings to […]
The community strongly backs stopping TerraUSD Classic (USTC) minting and reminting in favor of burning tokens to restore its U.S. dollar peg.
Dogecoin (DOGE) has been ensnared in a prolonged period of stagnation, hinting at the ongoing battle between the bulls and bears for market control. This extended phase of inactivity has been persistent for over a month, signifying a short-term consolidation stage. Against the backdrop of a tumultuous cryptocurrency market, DOGE enthusiasts and investors are eagerly […]
The chief executive of top US-based digital asset exchange Coinbase says that crypto lobbying needs to be bolstered before the upcoming 2024 election. In a new interview with Ryan Selkis, the founder of market intelligence firm Messari, Coinbase CEO Brian Armstrong says crypto firms based in the US are facing an “unfair” regulatory environment. According […]
Amid increased regulatory scrutiny in the United States, Europe has become an attractive destination for crypto firms. Galaxy Digital, the crypto venture led by US billionaire Mike Novogratz, is now venturing into the European market for greener pastures. As part of this expansion, the company has appointed Leon Marshall, formerly an executive at the crypto […]
XRP gently falls back to important support level, which might become foundation for starters
The cryptocurrency market is approaching a pivotal moment as September draws to a close after a volatile month for major digital assets like …
Bitcoin’s tight range trading points to a potential range expansion and that could trigger a trending move in LINK, MKR, ARB, and THETA.
Over the years, Bitcoin’s network has been no stranger to long lines of transactions waiting to get confirmed, which forces fees to skyrocket and triggers alarms across Crypto Twitter and beyond. And the network is currently going through another bout of congestion, observed Bitcoin on-chain analyst Willy Woo. “The mempool is now at the highest […]
Developers of the interoperability blockchain Polkadot (DOT) will test a new process that aims to significantly improve the scalability of the network and expand the number of supported parallel chains. Speaking at the Polkadot Developer Conference, Sophia Gold, engineering lead at Polkadot contributor Parity Technologies, says asynchronous backing will allow the blockchain to increase the […]
Ethereum (ETH) co-creator Vitalik Buterin reportedly says that central bank digital currencies (CBDCs) are not developing in the way he had once hoped for. In a new interview with CNBC, Buterin says that he was once more optimistic about CBDCs, but now he believes they have mostly become “front ends” for the traditional banking system. […]
Cryptocurrency. Once-hyped NFTs now are largely worthless, study finds. Sep. 24, 2023 2:42 PM ETEthereum USD (ETH-USD)By: Max Gottlich, SA News …
Polygon Labs has suggested that the Celo blockchain community consider utilizing its Chain Development Kit (CDK) to streamline the intended layer-2 migration on the Ethereum network. The proposal comes after cLabs, the primary development team behind Celo, unveiled an alternative strategy in July to transition its layer-1 into an Ethereum-compatible layer-2 solution by utilizing Optimism’s […]
Former SEC enforcement veteran, John Reed Stark, recently raised eyebrows with pointed critique regarding scarcity of action from US Department of Justice (DOJ) in crypto-related cases
Blockchain projects should learn from Google and Facebook by monetizing their users without directly asking for their money.
British bank Nationwide accidentally made one of its customers an overnight multimillionaire after abruptly adding about $10.9 million into his account. Dane Gillespie from Belfast, Ireland, says he cashed a birthday check worth about $10,900 into his Nationwide account – and was shocked to see a massive pile of cash enter his account. The bank, […]
A leading analytics firm says that Chainlink (LINK) and three additional altcoins may continue to see more surges amid bullish on-chain data readings. Looking at Chainlink, Santiment says the decentralized oracle network is rallying on the back of increased unique address activity. “The amount of unique LINK addresses interacting on the network hit 3,964 yesterday, […]
The United States, the United Kingdom, and the Netherlands have collaborated to support Ukraine law enforcement in addressing the increasing incidence of crypto crime within the nation. “The training, which was offered virtually, provided Ukrainian law enforcement with tools to combat money laundering, analyze fraudulent cryptocurrency transactions, and improve the effectiveness of blockchain forensic investigations,” […]
Real-world asset tokenisation has been heralded as the intersection between decentralised and traditional finance. The first sprouts of RWA adoption were seeded back in 2015, when banks looked past their anti-crypto stance to consider the groundbreaking potential of blockchain technology. The utility of asset tokenisation has evolved significantly since then – and more than just […]
Coinbase’s layer 2 scaling solution, called Base, has seem a meteoric rise in popularity recently. In just six short weeks since its launch, Base’s total value locked (TVL) has skyrocketed to nearly $400 million. This rapid rise in use and popularity has even seen it recently overtake the Solana blockchain in TVL. Coinbase’s Layer 2 […]
Read the full article here. Cryptocurrency: A Real Technology, Not a Scam. Caitlin Long, founder and CEO …
Nine months after launching, the Street Cy₿er artist collective has over 100 street artists, musicians and Bitcoin enthusiasts involved.
Is price of Cardano (ADA) ready for short-term rise?
While the advent of Metaverse is seen as a major step in the crypto frontier, a report released by NYU Stem Center for Business and Human Rights (CBHR) warned that these developments could lead to an unprecedented erosion of privacy and a rapid surge in physical aggression. CBHR’s report recommends adopting solid steps by both […]
Coinbase CEO Brian Armstrong believes the United States should not regulate or restrict the development of artificial intelligence (AI) at all, saying that any attempt to mitigate its negative consequences will only slow its progress. “We’ve enjoyed a golden age of innovation on software and the internet largely due to it not being regulated,” said […]
It has been a quiet week of caution for Bitcoin traders in terms of price action. This caution has trickled into trading volume in particular, as volumes on major crypto exchanges for both spot Bitcoin trading and Bitcoin derivatives have fallen far below their levels at the beginning of the year. On-chain data from CryptoQuant […]
Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work, while her husband will face a plea trial in October.
Rudy Pamintuan. Sun, Sep 24, 2023 (2 a.m.). The now-bankrupt FTX succeeded in mass fraud because it exploited a lack of rules in the uncharted …
US-based cryptocurrency exchange giant Coinbase continues to push forward with its efforts to seek regulatory clarity for the crypto industry, claiming that the current enforcement approach by regulators stifles innovation and puts global leadership at risk. The company has launched a new campaign to mobilize over 50 million crypto holders in the United States to […]
BTC price action stays firmly within an established range, while analysis shows that overall Bitcoin investor composition is changing.