Celsius Network, a bankrupt digital asset lender, has revealed plans to begin repaying creditors using billions of dollars in crypto assets before the year’s end.  The company presented a restructuring plan, outlined in a recent filing to a US bankruptcy court, which aims to generate funds for a new corporate spinoff known as “NewCo” and […]

Visa’s CEMEA head of innovation and design, Akshay Chopra, reveals that the company’s partnerships with cryptocurrency exchanges have facilitated billions of dollars in payment volume.

On the second day of Sam Bankman-Fried’s trial, the US Department of Justice (DOJ) claimed that his crypto business had problems from the beginning. The Assistant US Attorney Nathan Rehn described him as someone who deceived customers and used their money for his own gain, including wealth and political influence, as reported by Coindesk. According […]

… cryptocurrency Ripple is seen in this illustration. A representation of cryptocurrency Ripple is seen in this illustration taken August 6, 2021 …

A prominent digital asset venture capitalist believes that the bottom is likely forming for the top cryptos by market cap. Chris Burniske, the founder of Placeholder Capital, tells his 263,600 followers on the social media platform X that a bull market is likely coming that will make the current financial quarter a clear cycle bottom […]

A widely followed crypto analyst is expressing bullish sentiment on XRP after a US court rejected the U.S. Securities Exchange Commission’s (SEC) attempt to appeal a decision that partly went in Ripple’s favor in July. Pseudonymous trader Credible Crypto tells his 346,700 followers on the social media platform X that the rejection of the SEC’s […]

Bitcoin, Ethereum, Dogecoin, and Solana: these are the coins that were mentioned during the proceedings of the first day of FTX founder Sam Bankman-Fried’s criminal trial. But the exchange’s native token, FTT, went notably unnamed. Within crypto circles, the token’s precipitous drop last November goes hand-in-hand with FTX’s sudden collapse. But as federal prosecutors presented […]

Since its launch in late September, Stars Arena—once known as Starshares—has drawn a significant increase in transactions on the Avalanche network. According to DappRadar, the Stars Arena platform recorded over 215,000 transactions on Monday, a sharp rise from the 16,000 daily transactions seen in late September. The transaction volume on the Stars Arena platform has […]

Dogecoin (DOGE) in survival mode as whale instincts might kick in after stretched price depression

A group of Republicans within the U.S. House of Representatives orchestrated the ousting of Speaker Kevin McCarthy, marking the first-ever removal of a House Speaker in U.S. history. McCarthy’s tenure, which began in January 2023, was characterized by division within the Republican Party and accusations of ineffectiveness. Following McCarthy’s removal, the cryptocurrency-friendly United States Representative […]

The price of XRP, the native cryptocurrency of Ripple, has increased by 4% in the last 24 hours, outperforming most of the major coins in the market. The rally comes after a US judge denied the Securities and Exchange Commission (SEC)’s motion to appeal in the ongoing lawsuit against Ripple. The SEC filed a lawsuit […]

Today, Volcano Energy and Luxor Technology Corporation have officially unveiled Lava Pool, El Salvador’s inaugural Bitcoin mining pool powered by abundant renewable geothermal energy. Volcano Energy, a unique public-private partnership committed to contributing 23% of its net income to the Salvadoran government, will exclusively mine blocks through Lava Pool.  “Lava Pool is another example of […]

Bitcoin price found support near the $27,200 zone. BTC is now rising and might accelerate higher if it clears the $27,850 resistance zone. Bitcoin is attempting a fresh increase from the $27,200 support. The price is trading above $27,500 and the 100 hourly Simple moving average. There is a key rising channel forming with resistance […]

Augustín D’Attellis publicly supported Sergio Massa in his promotion of the central bank digital currency as a remedy for the national economy.

TL;DR Judge dismissed SEC’s appeal in Ripple case, favoring Ripple. Lawsuit’s outcome on April 23, 2024, may impact US crypto regulations. XRP price spiked to $0.55 post-ruling, then settled at $0.52 The Latest Details  The never-ending saga between Ripple and the US Securities and Exchange Commission (SEC) reached another peak on October 3 after a […]

The Bitcoin mining sector has been experiencing a surge of activity recently. Companies such as Marathon Digital, Riot Platforms, and CleanSpark have reported substantial increases in Bitcoin production for the month of September. Bitcoin Mining Sector’s Resilience Despite Bitcoin’s price remaining relatively stagnant, these miners have demonstrated resilience. They witnessed a rise in their share […]

An attorney for Sam Bankman-Fried pointed to the volatility of the cryptocurrency market and how it could overwhelm burgeoning companies like FTX.

October 4, 2023 – Zug, Switzerland MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network – the largest layer-one investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation. This symbiotic partnership represents the shared vision […]

Ethereum (ETH) represents an even bigger investment opportunity than Bitcoin (BTC), according to Matt Hougan, the chief investment officer at Bitwise. Hougan says that Ethereum is the largest investment opportunity in the entire crypto space. “Ethereum is a new global computing platform that could rewire how the entire financial industry and much of the creative […]

Warner Music Group’s chief digital officer has spearheaded the major label’s embrace of emerging technologies including blockchain and AI for the last three years. But this week, she left the post. Oana Ruxandra resigned from the position and will soon announce her next move, according to internal company emails first reported by Billboard. According to […]

Has rise of Ethereum (ETH) ended yet?

In the heart of Manhattan, high above Hudson Yards in a bustling hotel, Bitcoin Magazine’s Editor in Chief, Mark Goodwin, sat down with US presidential hopeful Robert F. Kennedy Jr. for a candid and engaging interview that shed new light on his political vision. The interview commenced with RFK’s assessment of the Democratic Party and […]

Ethereum price is struggling to stay above the $1,620 support against the US dollar. ETH must clear the $1,665 hurdle to start a fresh increase. Ethereum trimmed all gains and now trading near the $1,630 level. The price is trading below $1,660 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]

Jaynti Kanani said he had stepped back “from the day-to-day grind” at Polygon roughly six months ago.

Yield Protocol, a decentralized finance (DeFi) project that offered fixed-rate lending and borrowing on stablecoins, has announced that it will cease operations by the end of 2023. The project, which was backed by prominent investors such as Paradigm, Framework Ventures, and CMS, cited low demand and regulatory uncertainty as the main reasons for its closure. […]

The US DOJ has recently filed a motion that claims the charges against the ex-CEO of the infamous cryptocurrency exchange, FTX, are valid regardless of the lack of crypto laws. The Department of Justice made the decision to file the motion in response to the defendant’s request for clarification along with the reconsideration of these […]

According to the acclaimed author Michael Lewis in his biography “Going Infinite”, Sam Bankman-Fried’s initial foray into crypto trading was marked by huge losses, with his hedge fund losing over half a million dollars daily. In 2017, Bankman-Fried secured an investment of nearly $170 million from a group of investors who subscribed to the ideology […]

Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional fiat currencies issued by governments …

An Ethereum-based (ETH) altcoin is likely facing a final leg to the downside before it doubles in price, according to a popular crypto analyst. Crypto strategist Michaël van de Poppe tells his 668,000 followers on the social media platform X that the decentralized oracle provider Chainlink (LINK) is due for a final correction and a […]

New documents reveal prosecutors in Sam Bankman-Fried’s fraud trial are opposing his bid to use arguments about the US regulatory framework to combat his charges. In a new court filing, the government says the former FTX chief executive should not be able to argue that he’s innocent because FTX was “not regulated in the United […]

TL;DR Chase Bank partners with FCF Pay, allowing crypto payments for loans and credit cards. HSBC also recently enabled mortgage and loan payments in digital currencies. ChatGPT suggests bank adoption may boost XRP’s future performance against BTC. JPMorgan’s Subsidiary Supports Crypto Chase Bank – the US consumer and commercial banking subsidiary of JPMorgan Chase & […]

An inverse correlation between the crypto market and the DXY has often helped to signal when a bull rally is on the horizon. One of the most notable instances of this happened 9 years ago, and since then, the formation has not returned, until now, signaling a massive price surge in October. DXY Readies To […]