PayPal, the major United States-based payment processor, has announced that its stablecoin, PayPal USD (PYUSD), is now available on Venmo. This significant step was taken just over a month and a half following the introduction of PYUSD. The objective is to enhance the speed, affordability, and efficiency of digital transactions. PYUSD is an on-chain stablecoin […]

Bitcoin, XRP and more tumble, then $213 million TUSD materializes in just 15 minutes

Polygon is one of the initiatives that best exemplifies the bitcoin ecosystem’s rapid evolution. Polygon, formerly known as Matic Network, has been making waves in the blockchain sector with its goal of addressing some of Ethereum’s most critical concerns. Polygon is gaining attention not only for its technological expertise, but also for the tremendous impact […]

Shitcoiners have fat bags, really fat bags, really, really fat bags. Two weeks ago I put nostr.com up for sale to see what responses I would get back. I imagined Roger Ver offering to sell bitcoin dot com in 2013, and what would have happened if another player had bought it. I had a few […]

The price of Bitcoin was rejected as it approached critical resistance north of $27,000, and selling pressure continues over today’s trading session. If buyers can’t defend current levels, BTC’s price will likely re-test critical support, but this action could trigger a bounce for the cryptocurrency, according to fresh data. As of this writing, Bitcoin trades […]

China’s capital outflows reached $49 billion in August, its highest in nearly eight years. Analysts are debating whether it could be a boon for Bitcoin and crypto.

Recently, a smart whale made waves in the crypto community by withdrawing a staggering 24,548 Ethereum (ETH) tokens from the popular exchange, Binance. These withdrawals, totaling $40 million in value at the time of the transactions, have left many wondering about the implications of such substantial movements in the market. Source: Lookonchain Whale Withdraws 5,050 […]

The popular cryptocurrency analyst using the X handle EGRAG CRYPTO believes Ripple’s native token has a chance to skyrocket to $1.40. The asset needs to close above a certain level “with undeniable confirmation” for this to happen. In the following lines, we will take a closer look at the exact conditions. XRP Has a Chance […]

September 20, 2023 – Dubai, United Arab Emirates In the world of blockchain technology, where each day brings new possibilities and challenges, the spirit of collaboration and open-source development stands as the beacon guiding us forward. Ottochain, a trailblazing multi-chain ecosystem, is thrilled to pay homage to EVMOS and Ethereum layer two – the giants […]

One of the newest cryptocurrencies set to be listed on both DEX and CEX platforms in September is Wall Street Memes (WSM)

Our weekly roundup of news from East Asia curates the industry’s most important developments. JPEX scandal grows to over $166M Last week’s Token2049 conference in Singapore was a life-changing experience for some; for others the event did not meet expectations, but for a select group of individuals, the imminent prospect of being pursued by law […]

Possible capital flight from China is an important trend to watch, according to controversial BitMEX founder and crypto veteran Arthur Hayes. Google Finance data indicates the Chinese yuan (CNY) has fallen by more than 5% against the US dollar since the beginning of 2023. Hayes tells his 394,100 followers on the social media platform X […]

Prominent cryptocurrency-related companies like Coinbase, Marathon Digital and Paypal Holdings are grappling with marked downturn in stock prices

Binance has raised concerns about how the Market in Crypto Asset (MiCA) regulation will apply to decentralized and foreign issuers. One of the exchange’s concerns is its provisions regarding stablecoins. These digital assets, whose values are tethered to traditional assets like fiat currency or precious metals, face a critical moment as MiCA’s provisions on stablecoins […]

In a recent video interview on the Paul Barron Network, Mark Yusko, CEO and Chief Investment Officer of Morgan Creek Capital Management, made a compelling prediction about Bitcoin’s future. Yusko, with decades of experience in the financial industry, suggested that the approval of a Bitcoin spot exchange-traded fund (ETF) by the SEC could pave the way for […]

The Bitcoin mining industry has risen steadily in the past few years thanks to the widespread adoption and increasing interest in the Bitcoin blockchain. This growth has led to a vast increase in Bitcoin’s hash rate, causing concerns regarding the carbon footprint left behind by mining activities. A recent Bloomberg study has shown, however, that […]

As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from?

In a significant move for the cryptocurrency industry, Galaxy Digital, led by CEO Mike Novogratz, has joined forces with Ripple to expand its operations in Europe. This partnership marks a new chapter in the relationship between the two firms, which have previously had a complex history. Galaxy Digital, a leading cryptocurrency investment firm, has been […]

New York state’s financial regulator just rescinded its approval on most of the digital assets it had previously made easy for crypto firms to do business with. The New York State Department of Financial Service (DFS) previously had 24 assets on their “Greenlist” of coins. The agency says virtual currency (VC) entities can list or […]

Blockchain analytics platform Santiment says that the odds are Bitcoin (BTC) will soon move to the upside due to one factor. The analytics platform says that Bitcoin is seeing a lot of short interest on two major crypto exchanges, which could set the stage for a short squeeze and send BTC beyond $30,000. “Bitcoin traders […]

Shiba Inu’s layer-2 scaling solution continues to smash records in terms of transaction volume and network growth. In the following lines, we will take a closer look at the most recent achievement that Shibarium completed. Shibarium Transactions Growing at a Fast Pace As revealed by Shibariumscan, the total number of transactions on the L2 blockchain solution […]

The new MiCA regulation protects the customer by seeking to close down nearly all the scams carried out using crypto assets.

Adamant critic of cryptocurrencies indicates six key failures of digital assets

The troubles of the crypto exchange JPEX can be sensed from its latest move to deregister its local entity in Australia. According to a Cointelegraph report, Jieyi Chen, a Director of JP-EX Crypto Asset Platform PTY LTD (JPEX), has already filed a deregistration application with the Australian financial regulator. Although there is no official confirmation, […]

UTXOracle is a simple Python script [Attention: direct download link] that takes advantage of a surprising fact about the Bitcoin blockchain – by parsing on-chain data it’s possible to derive an approximate U.S. dollar price. A graph of UTXO creation over time. Source: utxo.live All of this is based on the chart above. The lines […]

In a recent disclosure, a former employee of Alameda Research, a trading firm led by Sam Bankman-Fried, has unveiled crucial information regarding the dramatic 87% plummet in Bitcoin (BTC) value during 2021.  The incident, which occurred on October 21, 2021, witnessed BTC’s price on Binance.US nosedive from approximately $65,760 to $8,200 within a short period. […]

What even is generative art? William Mapan, whose 250-piece Distance collection just sold out at 2ETH each, explains using a crayon and die.

The Klaytn (KLAY) price has fallen under a descending resistance line since its yearly high on February 22. There are no bullish reversal signs in the weekly or daily timeframe, suggesting that the downward movement is likely to continue. Klaytn Price Falls to Three-Year Low The KLAY price had traded above the $0.145 horizontal support […]

Official Pokemon cards in the form of non-fungible tokens (NFTs) are being minted over Polygon (MATIC), taking the layer-2 scaling solution by storm. In a lengthy thread on the social media platform X, digital asset consultant S4mmy.eth says that digital card boosters of the popular Nintendo franchise are being opened over the MATIC blockchain and […]

Top US crypto exchange Coinbase is launching a 14-month lobbying effort to convince D.C. lawmakers to pass clearer regulations for digital assets. According to a new blog post, Coinbase’s “Stand With Crypto” initiative includes several strategies, such as calling on the tens of millions of Americans who own digital assets to contact their representatives and […]

In a significant development, the House Financial Services Committee has approved a bill to prevent the Federal Reserve from unilaterally creating a US Central Bank Digital Currency (CBDC). The Restriction Rationale Notably, this move has stirred debates and raised various concerns regarding the future of digital currencies in the United States. However, it is important […]

In a pivotal move, the Federal Reserve, during its recent FOMC meeting, chose to maintain interest rates at their current levels. However, the central bank left the door ajar for potential future rate hikes, sparking significant market speculation. This decision comes at a time when the global financial landscape is witnessing increased turbulence, as exemplified […]