A closely followed crypto strategist is warning that an Ethereum (ETH) challenger that’s down about 65% this year will likely witness more sell-off events if the altcoin loses its immediate support. Pseudonymous analyst Altcoin Sherpa tells his 196,700 followers on the social media platform X that Fantom (FTM) holders should watch out below if the […]

Solana has seen astounding inflows of more than $20 million this week from financial institutions, according to recent report

Hong Kong’s iFinex Inc., the parent company of the popular Bitfinex cryptocurrency exchange platform, is planning to repurchase 15 million shares at a staggering valuation of $1.7 billion, according to a recent Bloomberg report. The decision to buy back shares is driven by a need to consolidate private operations, especially with the increasing scrutiny from […]

Blockchain analytics platform Santiment says that huge amounts of stablecoin Tether (USDT) are returning to crypto exchanges, which is often a bullish signal. The analytics platform says that the amount of USDT on exchanges has reached a level last seen in March 2023, giving a boost to the “buying power” of crypto investors. “The $9.99 […]

October 11, 2023 – Zug, Switzerland Today, The Open Network Foundation (TON Foundation) announces their upcoming attempt to officially be named the world’s fastest blockchain, accredited by Guinness World Records. The public network performance test, which is scheduled for October 31, 2023, at 15:00 UTC, will demonstrate the reliability, scalability and speed of The Open […]

The digital asset trading platform Bitfinex has announced zero-fee trading for market takers on its peer-to-peer (P2P) trading platform in Argentina, Colombia, and Venezuela. This offering allows traders to buy and sell their digital assets at the market price without incurring any fees. A Paradigm Shift in Latin American Crypto Trading? In a statement on […]

Image from Taylor Brandon via Unsplash. Israeli police and the Binance cryptocurrency exchange froze multiple cryptocurrency accounts associated with …

In the ever-evolving landscape of Bitcoin, a new term has been making waves – Ordinals. You’ve likely heard of Bitcoin, but have you ever stopped to consider what Ordinals are and why they’re generating so much chatter? While the digital collectible community is abuzz with excitement, innovation and speculation, Bitcoin Magazine EDU and Magic Eden […]

Bitcoin price is sliding and trading below $27,000. BTC is still at risk of more downsides below the $26,500 and $26,200 support levels. Bitcoin is moving lower and showing bearish signs below $27,000. The price is trading below $27,000 and the 100 hourly Simple moving average. There are two bearish trend lines forming with resistance […]

The volatility of Bitcoin and other cryptos is really more a function of who is buying and selling these assets.

JPMorgan has announced a significant milestone, revealing that it successfully conducted its inaugural live blockchain-based collateral settlement transaction involving BlackRock and Barclays. This transaction utilized JPMorgan’s Ethereum-based Onyx blockchain and the bank’s Tokenized Collateral Network (TCN). BlackRock employed this system to tokenize shares from one of its money market funds, which were subsequently transferred to […]

How long will the Binance Coin (BNB) downturn last?

Blockchain analysis firm Arkham Intelligence says that crypto mixing platform Tornado Cash has recovered after sanctions imposed on the service by the US government over a year ago and the arrest of its key figures. Arkham Intelligence says that Tornado Cash is still the largest crypto mixer on Ethereum (ETH) and that “$77.35 million in […]

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced that it will extend its self-trade prevention (STP) function to all users of its spot and margin trading platforms. The Self-Trade Prevention (STP) feature is engineered to halt the progression of a transaction if it would culminate in a self-trade. A self-trade transpires when […]

A federal judge has denied the request of Sam Bankman-Fried, the founder and CEO of FTX, to cross-examine Gary Wang, the former chief technology officer of FTX, in a lawsuit filed by Caroline Ellison, a former employee of the exchange. Ellison, who worked as a marketing manager at FTX from June 2020 to January 2021, […]

Bitstamp has confirmed its decision to discontinue its services in Canada, effective January 8, 2024. This move comes as the latest in a series of exits from the Canadian market by cryptocurrency companies, following Binance and Bybit earlier this year. Bitstamp’s Official Announcement on Exiting the Canadian Market Bitstamp’s CEO, Bobby Zagotta, expressed the company’s […]

KUALA LUMPUR: Police raided two residential units along Persiaran KLCC believed to have been used by a cryptocurrency investment scam syndicate …

In a recent interview with CNBC, billionaire hedge fund manager and legendary investor Paul Tudor Jones expounded on his bullish stance on Bitcoin amidst mounting global tensions and economic uncertainties. Jones, an influential figure in the investment world, highlighted the current geopolitical environment as one of the most “threatening and challenging” he has ever witnessed […]

BTC price downside follows renewed inflation fears amid a prediction that Bitcoin might only reverse upward in December.

Shiba Inu moving toward its yearly low, which creates dangerous tendency for meme asset

Caroline Ellison, close confidant of former FTX CEO Sam Bankman-Fried, says that the exchange’s trading arm Alameda Research paid a bribe to the Chinese government to unfreeze a billion dollars. In court transcripts reported by The Inner City Press, Ellison, also the former CEO of Alameda, was probed by United States Attorneys (AUSA) regarding her […]

Summary Paul Tudor Jones hasn’t been a Bitcoin critic but thought it was very much speculative. Now he believes it deserves a closer look and a larger portfolio allocation. He thinks a recession as well as a changing political climate call for more stable assets like Bitcoin and Gold. Billionaire hedge fund investor Paul Tudor […]

Summary The number of ETH Whales are on the decline.  Crypto analyst states that this is because the number of ETH tied in smart contracts is increasing.  ETH has now become inflationary, after spending majority of time since the Merge as deflationary  Amidst the volatile cryptocurrency landscape, market movements are significantly influenced by big players, […]

With the many positive developments in the space, it is getting clearer that crypto is here to stay. As such, industry watchers recommend getting ahead with future leaders like Aptos (APT), Mantle (MNT), and Bitcoin Spark (BTCS). What is Aptos? Aptos is a layer-one (L1) blockchain that was launched by former Facebook employees in October […]

Hong Kong has allowed retail crypto trading since June.

WOO Network, a Taiwan-based liquidity provider for the global crypto industry, has announced that it has reached an agreement with Teneo, the liquidator of the bankrupt hedge fund Three Arrows Capital (3AC), to buy back its shares and tokens. According to a press release, WOO Network has canceled the shares that 3AC acquired in its […]

ADA price has fallen below $0.25, signaling a 12% loss in October. However, beneath the surface, intriguing developments are taking place. Cardano (ADA) has been in the spotlight due to a recent increase in staking activity and potential implications on market dynamics. ADA enthusiasts and investors have turned to staking protocols to mitigate losses. Recently, […]

The third quarter of 2023 brought a mixed bag of trends in the cryptocurrency market. While the broader financial landscape grappled with inflation and interest rate decisions, the crypto world saw a resurgence in specific sectors. The newest Bitget Research report delves into the key trends that defined Q3 2023, from the revival of memecoins […]

In the ever-expanding universe of cryptocurrencies, the significance of a reliable and secure cryptocurrency wallet cannot be overstated.

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), resumed on October 10. As expected, the prosecution called Alameda Research’s ex-CEO and SBF’s ex-girlfriend, Caroline Ellison, to testify against the defendant.    Ellison Does More Damage To Sam Bankman-Fried Defense According to a thread on the X (formerly Twitter) platform […]

Financial services titan Fidelity is naming leading smart contract platform Ethereum (ETH) and one of its rivals as examples of success. In a recent report, the investing giant says that Ethereum and Solana (SOL) are good examples of blockchains with successful network effects and developer bases. According to Fidelity, for a crypto project to ultimately […]

Binance has rolled out a new “copy trading” feature that gives its users the ability to replicate the strategies employed by top crypto futures traders. “Copy traders” can now mimic the real-time futures trading strategies of “lead traders,” according to a new announcement from the exchange. Copy traders will be able to review the performance […]