Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck the Trend As April concluded and May commenced, data reveals that NFT sales […]

Roger Ver supporting Ripple was factor in its problems, believes Ripple CTO

[PRESS RELEASE – Berlin, Germany, May 1st, 2024] The Nektar Network is excited to announce the commencement of Epoch 1 for Nektar Drops, beginning today, May 1, 2024. This new phase is dedicated to acknowledging and recording the contributions of our community members through daily Nektar Drops, which can be earned by participating in predefined […]

Macro guru Lyn Alden thinks that Bitcoin’s (BTC) ascent to prominence en route to becoming a giant asset class will take more than 10 years. Speaking at an event organized by the What Bitcoin Did podcast, Alden says people tend to think that technologies like Bitcoin will immediately disrupt the incumbent system. However, Alden highlights […]

A Cardano (ADA) whale metric recently indicated the Ethereum (ETH) competitor could be primed for a price reversal, according to the crypto analytics firm Santiment. On Monday, Cardano whale transactions exceeding $100,000 in value surged to their highest number since November 8th. Explains Santiment, “These spikes in whale activity historically correlate with potential price reversals. […]

TL;DR Market Crashes: The crypto market saw a dramatic plunge, with nearly $400 million liquidated in 24 hours, heavily impacting investors as Bitcoin dropped below the crucial $60,000 support level. Volatility Spike: An unexpected shift in market dynamics led to a surge in short position liquidations, causing a minor price rebound, though the market remains unstable and speculative. […]

TL;DR Senator Cynthia Lummis denounces the US Department of Justice’s restrictive stance on private cryptocurrency wallets. Lummis argues that the DOJ’s position contradicts Treasury guidance and undermines the decentralized essence of cryptocurrencies. The controversy arises in recent cases where the DOJ is seeking criminal charges against non-custodial wallet software developers. Senator Cynthia Lummis (R-WY) has […]

Binance founder and CEO Changpeng Zhao has been sentenced to four months in a detention centre in Seattle. The trial concluded after several months, with CZ pleading guilty to banking violations in November last year. Prosecutors intended to make an example of CZ, suggesting he should serve three years behind bars due to the severity […]

Roger Ver, early Bitcoin advocate turned Bitcoin Cash promoter, was arrested in Spain for multiple charges including mail fraud and tax evasion. His legal troubles stem from failing to properly report capital gains and income from Bitcoin transactions, resulting in a US$48 million loss to the IRS. Known as ‘Bitcoin Jesus’, Ver shifted his allegiance […]

Amid recent bearish sentiments across the space, Pepe remained calm as it gathered liquidity for the next major shift. It may resume its lower low and lower high pattern if the bulls fail to sustain recent momentum. After locating support two weeks ago, Pepe recovered from a dip and climbed back to the $0.000008 range. […]

… cryptocurrency mining. “Marathon Digital has been ushered to consult with Treasury on cryptocurrency regime and ministry of energy to discuss the …

On a Q1 earnings call yesterday, Alliance Resource Partners, a coal mining company worth $2.8 billion that trades under the ticker ARLP on the Nasdaq, reported that it’s mining bitcoin and currently holding 425 BTC on its balance sheet. Nasdaq listed Alliance Resources $ARLP, a $2.8b coal mining company, is mining #bitcoin, and currently holds […]

Solana, the self-proclaimed high-speed blockchain darling, finds itself facing an uphill battle. A confluence of a broader crypto market downturn and persistent network congestion threatens to stall its momentum and cast doubt on its long-term viability. Solana Slides With The Market The recent crypto market correction hasn’t spared Solana. The token, which enjoyed a stellar […]

Chainlink Labs’ Vince Turcotte told Cointelegraph that they expect digitally-native institutions to be the first to adopt the integration.

On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate; Fed Continues Watchful Eye on Inflation Risks On Wednesday, the […]

Ver has been accused of causing at least $48 million worth of losses for the IRS

Roger Ver, an early investor in Bitcoin and now an advocate of Bitcoin Cash, was arrested last weekend in Spain on US-brought criminal charges of mail fraud, tax evasion, and filing false tax returns. The authorities in the United States will now seek his extradition. According to an announcement by the Justice Department yesterday (Monday), […]

A closely followed crypto strategist is predicting one Ethereum (ETH) competitor could go on a massive rally following a market correction. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that Solana (SOL) may retest $120 before a parabolic rally to more than $500 later this year. “SOL: as long […]

Binance founder and former CEO – Changpeng Zhao a.k.a CZ – received a four-month prison sentence after pleading guilty to violating US anti-money laundering laws at the world’s largest cryptocurrency exchange. In the first tweet following the sentencing, CZ revealed his intention to remain a passive investor and holder in the crypto industry while simultaneously […]

Bitcoin (BTC) has witnessed a significant drop, falling to $56,556 during Wednesday morning in Europe, marking the lowest point since late February. This downturn represents the sharpest monthly decline since November 2022, with BTC tumbling approximately 7.5% within the last 24 hours and breaching the previously stable $60,000 support late Tuesday. #1 Derisking Before Today’s […]

TL;DR Increasing Centralization in Bitcoin Mining: Recent studies have raised concerns about the growing centralization of Bitcoin mining, with one entity controlling nearly 47% of the network hashrate. This trend towards oligopoly is driven by changes in reward distribution by mining pools. Economic Implications of Centralization: The BitMEX Research team created a model to examine […]

Hong Kong’s newly launched Bitcoin and Ethereum ETFs saw modest initial trading volumes on the first day of trading. Eric Balchunas highlighted that when adjusted for market size, these figures would equal billions if in the US market. Pav Hundal reminded naysayers that it’s early days and these ETFs are set to enhance global cryptocurrency […]

The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken …

The world witnessed unprecedented power grabs and supply chains disruptions over the past couple of years. The almost perfect alignment between big government, big banks and corporations should be a serious cause for concern across the agricultural sector. These moves represent no less than the most serious threats to our freedom and survival as businesses, […]

The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April.

Top 5 Crypto Presales For 2024: BDAG, DOGEVERSE, 99BTC, 5SCAPE, And SPONGE Within the land of crypto, the race for innovation and sustainable growth is intense. Amidst this competition, BlockDAG has emerged as a leader, raising an impressive $21.7 million during its presale, showcasing its potential to revolutionize blockchain technology. This article delves into the […]

The top US crypto exchange Coinbase has announced that a stablecoin pegged to the Canadian dollar could soon be trading on its platform. Announcing via the social media platform X, Coinbase says it’s adding QCAD to its listing roadmap, which alerts customers that the company could soon add support for certain assets. QCAD was relaunched […]

Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the company that will examine investments in initiatives that merge tech and human potential. Tether Dabbles in Biotech, Acquires $200 Million […]

Is it possible to see upward move of Bitcoin (BTC), Ethereum (ETH) or XRP soon?

As April comes to a bearish close, expectations for Dogecoin in May are not exactly bullish, especially as the crypto market has continued to fall. DOGE has been one of the main losers during this time, falling below $0.14. This underperformance is expected to continue as the machine learning algorithm at CoinCodex predicts further decline […]

The majority, or $3.52 billion, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.

The trading day continues in an even more painful manner for bitcoin as the primary cryptocurrency took another hit and slumped to its lowest price position in over two months of under $59,300. The altcoins’ situation is worse, with ETH dropping below $3,000, SOL dumping by 8%, and a few double-digit price declines. Bitcoin/Price/Chart. Source: […]