Chainlink (LINK) has been displaying impressive resilience in the cryptocurrency market, outperforming the average performance of the crypto sector. It’s currently making strides to break through the $6.80 resistance level once again. Alongside this price action, a notable surge in the number of unique LINK addresses interacting on the network has caught the attention of […]
KuCoin, a major crypto exchange, has officially listed PayPal’s stablecoin
The U.S. Securities and Exchange Commission (SEC) has announced that Citadel Securities has settled charges of violating Regulation SHO, a law aimed at controlling short-selling practices. This violation pertained to Citadel Securities’ alleged failure to accurately mark sale orders as long, short, or short exempt. The SEC’s investigation revealed a pattern of mismarked orders over […]
The Bitcoin-Backed Dollar in Dialogue In July a bitcoin-related topic was broached by Robert Kennedy Jr., which to my knowledge has not been addressed by anyone holding the top office of the executive branch or a notable candidate for the position of President. Of course, John Nash’s Ideal Money is a perennial topic, one I […]
Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy.
A widely followed crypto analyst is warning that the total market capitalization of Bitcoin (BTC) and other digital assets could collapse. In a new strategy session, DataDash host Nicholas Merten tells his 512,000 YouTube subscribers that the total crypto market cap could see a whopping $440 billion decline from its current value. He also says […]
Senator Bob Menendez of New Jersey, one of the most powerful figures in the Democratic Party, faces federal corruption charges implicating him a far-reaching bribery scheme. According to prosecutors’ 39-page indictment, Menendez used his vast power as a lawmaker to benefit three New Jersey businessmen in return for gifts and cash. Senator Menendez Is No […]
A crypto casino that has seen its native asset skyrocket by over 400% in the last three months is shutting down its trading platform. In a new thread on the social media platform X, crypto gambling platform Rollbit (RLB) says that it’s closing down its Degen EXchange trading platform due to “regulatory uncertainty and low […]
Shiba Inu has seen an impressive recovery in its burn rate after recording a slow start to the week. The recent acceleration could suggest that investors are once again rousing and choosing to actively contribute to the reduction of supply which could lead to an increase in price. Shiba Inu Burn Rate Rises 627% Thursday, […]
In the following, we take a look at cryptocurrency mining and the strong competitive benefits that ASIC miners have to offer. Enhanced Efficiency, Enhanced Returns The primary driving factor behind the next-gen ASIC miners is their enhanced efficiency. As opposed to their predecessors, these miners consume significantly less power per hash, translating into reduced operational […]
Cryptocurrency scams targeting TikTok users. Published: Sep. 22, 2023 at 2:05 PM PDT|Updated: 5 minutes ago. Close. Subtitle Settings. Font. Default …
Coinbase CEO Brian Armstrong said decentralization and open-sourcing AI is a better alternative to regulating the space.
Deep-pocketed crypto investors are moving hundreds of millions of dollars worth of digital assets as Bitcoin (BTC) dips below $27,000. New data from whale-surveying platform Whale Alert shows that high-net-worth traders have abruptly moved over $660 million worth of Bitcoin, Ethereum (ETH), and Chainlink (LINK). Nine of the 14 transactions moved digital assets to exchanges […]
Is rate of Ethereum (ETH) ready for local bounce back?
Hong Kong influencer Joseph Lam has disassociated himself with the crypto platform JPEX, denying any allegation in the unfolding investigation of the exchange. Lam held a press conference yesterday (Friday), revealing that he had not only closed his own company but also terminated the rental contract for his office. Lam’s abrupt severance of his connection […]
Throughout the years, I have presented the case for Bitcoin to a lot of people from a wide range of backgrounds. The list includes curious cab drivers, financial advisors, young software developers, skeptical policymakers, voiceless activists, and once even an IMF employee. Needless to say, most of these attempts ended up falling on deaf ears. […]
Ethereum (ETH) has recently experienced a significant drop in network fees, reaching their lowest levels in 2023 at just $1.15 per transaction. This decline in transaction fees is reminiscent of levels last seen in late December 2022, and it carries important implications for both Ethereum’s utility and its potential to recover market capitalization. Source: Santiment […]
CRV, the native currency of Curve Finance, the decentralized exchange focused on stablecoins, is shaking off August’s weakness and printing higher highs when writing on September 22. Trackers reveal that CRV is up 22% in the past two weeks, adding 10% in the last week alone. Coincidentally, there has been increased activity from a whale moving CRV […]
Customers at Coinbase can now trade the native token of a nascent layer-1 project called Vara Network (VARA). The top US crypto exchange rolled out support this week for VARA, the native asset of Vara Network, which just celebrated its mainnet launch on Wednesday. The project is an independent decentralized layer-1 network that aims to […]
Trading platform eToro says financial watchdog Cyprus Securities and Exchange Commission (CySEC) just gave the approval to its application to register as a Crypto Asset Service Provider (CASP). In a statement, eToro says the registration will enable it to offer regulated services to all European Union (EU) countries on a cross-border basis once the Markets […]
Crypto analyst Benjamin Cowen says that altcoins will likely perform poorly for the remainder of 2023 based on historical patterns. Cowen tells his 787,000 YouTube subscribers that altcoins will likely struggle to close out the year as they had in other pre-halving years. The next Bitcoin (BTC) halving is expected in April 2024, when miner […]
Binance, the well-known cryptocurrency exchange, recently found itself at the center of attention due to its role in the unexpected surge in Ethereum (ETH) gas fees. Here’s a detailed account of the events that transpired. Data from Dune Analytics revealed a sudden and unanticipated spike in gas fees on the Ethereum mainnet, escalating from 10 […]
Marina Parthuisot, Binance’s French legal director, stated that due to the upcoming MiCA bill that has not yet approved any stablecoins, Binance is planning to delist all such assets in Europe on June 30, 2024. However, Changpeng Zhao (CZ), the CEO of Binance, has responded to this statement on X, saying that it may have […]
Cryptocurrency enables individuals and organizations to raise funds directly from global participants without the need for traditional financial …
Bitcoin is a bargain for some at current levels, but downside BTC price predictions remain firmly on the agenda.
Valkyrie Funds has unveiled a revised launch date for its leveraged Bitcoin ETF
Central banks around the world are considering the formation of their own digital currencies amid the ever-changing cryptocurrency ecosystem. Among these, the Reserve Bank of India (RBI) has made substantial progress toward the implementation of its own digital currency, the Digital Rupee. This move is intended to provide a safe and government-backed alternative to the […]
Can Bitcoin possibly rhyme with tradition? This new currency is so young and so different from the usual dollars and euros, that for most people it seems disconnected from the economic reality and even further – from their lives. Despite the fact that paying with Bitcoin is not much more complicated than paying with a […]
In a battle to recover billions of dollars following the collapse of FTX, Chief Executive and Restructuring Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial in what has been labeled one of the largest financial frauds in American history. Bankruptcy court proceedings kicked off the week […]
The U.S. Department of Justice (DOJ) has successfully won a motion to prevent Sam Bankman-Fried’s proposed expert witnesses from testifying in the upcoming FTX trial. A new court filing reveals that Bankman-Fried’s proposed witnesses either failed to meet the standards of being able to testify or were excluded due to the government’s request. In the […]
The trustee responsible for handling the bankruptcy of Mt. Gox, Nobuaki Kobayashi, has recently announced a significant extension of the repayment deadline for creditors of the now-defunct cryptocurrency exchange. This move, approved by the Tokyo District Court, pushes the deadline from October 31, 2023, to October 31, 2024. Twofold Rationale Behind The Extension This extension […]
Crypto asset manager CoinShares has launched a new hedge fund division to court American investors. The business will cater to accredited investors and complement the company’s portfolio of exchange-traded products (ETPs). According to CoinShares’ Chief Executive Officer, Jean-Marie Mognetti said that high interest rates provide interesting opportunities to outperform markets. “The market, the macro environment […]