Roger Ver, a prominent early investor in Bitcoin and famously dubbed “Bitcoin Jesus,” has been indicted by the Department of Justice (DOJ) on charges of mail fraud, tax evasion, and filing false tax returns. Ver was arrested over the weekend in Spain based on these criminal charges, and the U.S. intends to seek his extradition […]

[PRESS RELEASE – Palo Alto, California, April 30th, 2024] Collaboration focuses on tackling key Web3 challenges through data-driven insights, AI-powered development tools and zero-knowledge proofs Sui, the Layer 1 blockchain and smart contract platform created and launched by the core research team responsible for building Facebook’s Libra and Diem projects, is collaborating with Google Cloud […]

May 2023 is poised to become a landmark month for the crypto market, with major token releases slated to inject substantial liquidity and potentially catalyze shifts in market dynamics. Key developments from AEVO and PYTH and significant contributions from other projects are set to channel over $3 billion into the sector. Substantial Crypto Releases Set the […]

Data suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom.

Ripple has teamed up with Tokyo-based consulting firm Hashkey DX to bring XRP Ledger (XRPL) blockchain solutions to the Japanese market, aiming to revolutionize enterprise blockchain use cases in Japan, primarily through supply chain solutions. This strategic partnership will leverage Hashkey DX’s expertise to develop and implement these solutions, in collaboration with SBI Ripple Asia—a […]

The cryptocurrency market’s state raises some dangerous questions

TL;DR Sui and Google Cloud collaborate to drive innovation in Web3. The focus is on improving security, scalability and development tools. Initiatives such as data for dApps, AI development and seamless user experience are highlighted. The recent collaboration between Sui blockchain and Google Cloud has garnered attention in the world of cryptocurrencies and blockchain technology. […]

MicroStrategy has reported a Q1 operating loss of US$53.1 million, largely due to a US$191 million impairment charge on its Bitcoin holdings. Current digital asset accounting standards can lead to significant undervaluing of digital assets, resulting in large losses on paper. A new accounting standard comes into effect in January 2025, which will allow companies […]

Spot Bitcoin and Ethereum ETFs set to launch in Hong Kong on Tuesday, aiming to surpass US$125 million in first-day trades. Despite reduced access by mainland Chinese investors, projections are high with potential inflows reaching US$1 billion in two years. The in-kind ETF model in Hong Kong may triple uptake compared to the US, drawing […]

The convergence of Artificial Intelligence and blockchain technology has ignited a wave of innovation with Raboo at the forefront. Investors with a history of success in groundbreaking projects like NEAR Protocol and Bittensor are bullish on Raboo, which is currently priced at $0.0042, recognizing its potential to revolutionize the AI crypto market. Its AI-backed Social-Fi […]

AKIPRESS.COM – Collection of taxes on cryptocurrency mining grew 2… To Read the Full Story. subscribe. log in.

Learn how to safely purchase Bitcoin in Malaysia, exploring legal regulations, various purchasing methods and essential considerations for security and accessibility.

Cardano (ADA) witnessed a significant surge in whale transactions exceeding $100K on April 29th. The transactions on that day amounted to 1,776, marking the highest daily count since November 8th, 2023. Historically, such spikes in whale activity have correlated with potential price reversals, indicating possible shifts in market sentiment. However, this hasn’t been the case […]

Bitcoin price found support at $61,800 and recovered higher. BTC jumped to $64,500 and is currently consolidating gains above $63,500. Bitcoin started another increase after it found support near the $61,800 zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line […]

Although decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this perception by emphasizing user education. Lebbar contends that regular educational newsletters, explainer videos, and social media posts can […]

American multinational investment bank Morgan Stanley wants to allow multiple funds to get explore to Bitcoin ETFs

The cryptocurrency market experienced the Bitcoin halving event last week where the supply of BTC was cut in half. The development makes Bitcoin …

The Australian Securities Exchange (ASX), which accounts for the majority of trading volume in Australia, is expected to approve the country’s first spot bitcoin ETFs on ASX before the end of 2024, according to a recent Bloomberg report citing anonymous sources familiar with the matter. BREAKING: 🇦🇺 Australia to approve the spot #Bitcoin ETFs before the […]

Bitcoin ETFs hitting Hong Kong excite markets overnight, but overall BTC price conditions remain precarious, analysts say.

TL;DR EigenLayer has become embroiled in controversy over its EIGEN token airdrop due to mixed reactions in the community. The protocol will allocate 15% of the tokens to the community, which is the amount that sparked the crossfire of criticism. On one hand, some users express frustration over the allocation and restrictions. While others praise […]

TL;DR Green Bitcoin ETF Initiative: HashKey Group has partnered with GreenBTC.Club to launch the “Bitcoin ETF Greening Initiative,” aiming for sustainable development and carbon neutrality in the Bitcoin ecosystem. Carbon Neutral Fund Holdings: The initiative includes greening Bitcoin blocks of the ETFs and purchasing renewable energy certificates to make the fund holdings carbon neutral. Bosera […]

Australia gears up to join the global trend with potential ASX listings of crypto ETFs from Van Eck and BetaShares by late 2024. Despite lower success rates and AUM in the APAC region, Australia’s large superannuation balance could significantly impact these ETFs. Hong Kong is launching its own Bitcoin and Ethereum spot ETFs, with hopes […]

Digital assets manager CoinShares says institutional investments in crypto products suffered their third consecutive week of outflows last week. In its latest Digital Asset Fund Flows report, CoinShares says crypto investment products lost $435 million in outflows last week, the largest week of outflows since last month. “Trading volumes in ETPs (exchange-traded products) fell to […]

The 1inch network 1INCH, known for its decentralized protocol aggregation, experienced a further decline of 5% in its token value today. This downtrend comes amidst ongoing market volatility affecting various cryptocurrencies. According to on-chain reports, Wallet 0xde9, likely associated with Wintermute Trading, recently deposited 7.44 million 1INCH tokens, valued at approximately $3.14 million, to Binance […]

Ethereum price struggled to recover above $3,350 and corrected gains. ETH is consolidating near $3,200 and facing many hurdles. Ethereum started another decline and tested the $3,120 zone. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $3,170 on the hourly chart […]

A widely followed crypto strategist says that Ethereum (ETH) is likely gearing up for a big upside move as the leading smart contract platform shows “serious strength” in the charts. Pseudonymous analyst and trader Bluntz tells his 257,000 followers on the social media platform X that ETH is looking strong both in its USD and […]

Seasoned trader Peter Brandt believes there’s a one in four chance that Bitcoin (BTC) will top out at $160,000 this cycle. Brandt tells his 724,700 followers on the social media platform X that he expects the current Bitcoin bull market to endure until Q4 of 2025. “Note that I assigned a 25% probability to my […]

dWallet Network – the infrastructure for programmable native Bitcoin – announced adding support for EVM-compatible Layer 1 blockchain, Monad The latest integration unveiled on April 30th aims to solidify Monad’s position as the leading ecosystem for EVM builders, utilizing dWallet technology to introduce native multi-chain capabilities. Multi-Chain DeFi Integration According to the official press release […]

Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong Kong’s Bitcoin ETFs Start Slow […]

XRP showing good dynamic, but it’s simply not enough

Cryptocurrency is a high-risk, complex investment. Investors should exercise caution despite financial influencers' encouragement to engage in the …

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Introduction: The Bitcoin Volatility Premium AMC, an innovative investment product, has quickly become the largest actively […]