Polkadot (DOT), the interoperable blockchain platform designed for connecting different blockchains, is currently caught in a tug-of-war between technical indicators suggesting a potential price dip and bullish predictions from some analysts. Recent price movements paint a somewhat gloomy picture. DOT breached the lower boundary of its ascending trend channel, a technical indicator often interpreted as […]

Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since its 2021 inception, became exploitable recently with the introduction of new codebase developments but was […]

Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions …

The world is becoming an increasingly unstable place politically and economically speaking. Many people all over the world are currently living somewhere presenting serious risks to their livelihood and well being, everything from totalitarian and persecutory governments to the general state of the economy deteriorating so badly that their ability to sustain themselves is in […]

TL;DR Meme coins like Bonk Inu, dogwifhфat, and others are seeing significant price increases, while the leaders Dogecoin and Shiba Inu show more modest gains. Analysts predict a possible further rally for the asset class following the recent Bitcoin halving, which has historically led to market surges. Meme Coins in the Spotlight Meme coins have […]

This could potentially act as strong support level should BTC face downward pressure

A popular crypto analyst says technical indicators are suggesting that the altcoin market is gearing up for a massive breakout. Pseudonymous analyst TechDev tells his 446,400 followers on the social media platform X that the altcoin market cap structure may be repeating a historic bullish pattern. “Altcoin accumulation. The most vertical leg since 2021 appears […]

The Runes protocol launch is causing Bitcoin (BTC) daily fees to soar well beyond a prior all-time high (ATH), according to the crypto analytics firm IntoTheBlock. Lucas Outumuro, IntoTheBlock’s head of research, says on the social media platform X that Bitcoin transaction fees soared to $80 million on April 20th, 4x the prior ATH from […]

Despite Bitcoin’s dominance, Michaël van de Poppe notes a lack of momentum in altcoins, which he attributes to Bitcoin’s rally and market narratives. He predicts longer cycles for altcoins influenced by regulatory clarifications and changing trends, moving focus from Bitcoin to altcoins. Michaël’s top altcoin picks, like Chainlink and Sei, show potential due to their […]

The Securities and Exchange Commission (SEC) of the United States is seeking $4.7 billion in disgorgement and prejudgment interest from bankrupt Terraform Labs and its co-founder Do Kwon. The regulator is further seeking civil penalties of $420 million from Terraform and $100 million from Kwon. The Regulator Seeks a Hefty Sum The regulator’s request for […]

In the midst of the dramatic changes that have occurred in the cryptocurrency space after the Bitcoin halving event, Bitfinex provides a perceptive analysis that reassures investors that the market dynamics of BTC have remained positive in the post-halving period. Bitfinex examines the on-chain data and finds encouraging signs for Bitcoin in spite of the […]

TL;DR The Blockchain Association and the Crypto Freedom Alliance of Texas sue the SEC over the expansion of the “Dealer Rule.” They argue that the rule threatens the digital asset industry and innovation by imposing restrictive regulations. They seek a court order to reverse the expansion of the rule and defend decentralization in cryptocurrencies. The […]

TL;DR Omni has announced the launch of phase 1 of its main network, called Armageddon, the result of years of research and development. With Armageddon, users can actively participate in network security through restaking on EigenLayer, strengthening stability with a variety of assets. The platform aims to address challenges such as fragmented liquidity on Ethereum […]

BlockDAG Beats Dogeverse, Slothana, Mega Dice, 99Bitcoins & 5thScape to Become Top 5 Crypto Presale with $19.8M Raised BlockDAG has surged to the forefront of the cryptocurrency presale market, distinguishing itself as the leader by amassing an impressive $19.8 million. This remarkable achievement positions it ahead of other notable competitors like Dogeverse, Slothana, Mega Dice, […]

Currently worth more than $2.3 trillion, the cryptocurrency market has certainly caught the attention of the investment community, particularly those …

Block, a prominent global technology company focusing on financial services, has unveiled significant advancements in its bitcoin mining project today. The company has successfully completed the development of their three-nanometer (nm) bitcoin mining chip and is now in the final stages of producing the design with a leading global semiconductor foundry. This achievement marks a […]

The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful activities in the country. Binance Apps Pose […]

Multi-million XRP chunk has been withdrawn from Binance after XRP price provided good opportunity for it

A decentralized cloud computing altcoin is soaring after Korea’s biggest crypto exchange announced support for the digital asset. Akash Network (AKT) shot up Tuesday from a low of $4 to a high of $6.74, a more than 68% increase after crypto exchange Upbit announced support. Source: CoinGecko/X At time of writing, AKT has retraced slightly to […]

The Crypto Freedom Alliance of Texas (CFAT) is teaming up with the Blockchain Association (BA) to file a lawsuit against the U.S. Securities and Exchange Commission (SEC). According to a new press release from the Blockchain Association, the two groups have filed a suit against the SEC in a North Texas court. The suit focuses on the […]

The stablecoin market has recovered significantly from its plunge in the last two years due to the bear market, recording substantial volumes and activity since October 2023. According to a tweet by crypto market intelligence platform IntoTheBlock, the stablecoin market capitalization is currently at $160 billion, and it is steadily aiming for the all-time high […]

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) on Linea! What is Linea?  Linea is a Layer 2 (L2) solution tailored for Ethereum, aiming to enhance scalability and flexibility for decentralized applications (dApps). It leverages zero-knowledge proofs alongside complete Ethereum Virtual Machine (EVM) compatibility, facilitating the easy development or […]

Swiss Bitcoin enthusiasts have initiated a campaign for the Swiss National Bank to hold Bitcoin alongside gold in national reserves. The proposal leverages Switzerland’s direct democracy, requiring 100,000 signatures to bring the initiative to a referendum. Advocates like Yves Bennaïm and Luzius Meisser argue that including Bitcoin would ensure Swiss neutrality and financial sovereignty. After […]

The legal battle between Ripple and the SEC over allegations of illegal sale of cryptocurrencies has reached a crucial step as the long-awaited trial starts today (Tuesday). The SEC first accused Ripple Labs of offering unregistered securities in December 2020. Ripple’s defense is based on the argument that its native cryptocurrency, XRP, should not be […]

Cardano (ADA), the tenth largest cryptocurrency by market capitalization, has been a rollercoaster ride for investors in recent months. After a steep price decline in March, ADA has seen a minor uptick, leaving analysts divided on its future trajectory. Could a repeat of a historical price pattern propel ADA to new heights in 2024, or […]

Cryptocurrency is a form of virtual money based on complex encryption that can be used to pay for services and goods and enables cross-border …

Introduction One of Bitcoin’s undeniable and frequently touted strengths is its decentralization. It’s often claimed that the Bitcoin network offers levels of decentralization, accessibility, and distribution unmatched by any other cryptocurrency. But just how decentralized is Bitcoin in reality? And how do we go about measuring its decentralization? Before delving into these questions, it’s crucial […]

Imprisoned FTX founder Sam Bankman-Fried has agreed to cooperate against other defendants in FTX civil litigation. The disgraced former crypto executive has faced civil litigation in Southern Florida from a patchwork of plaintiffs seeking to recover losses related to FTX’s collapse and subsequent bankruptcy in November 2022. A new document filed on Friday indicates Bankman-Fried […]

TL;DR Launch of INJ 3.0 on mainnet, making $INJ one of the most deflationary assets in the crypto market. Plan for accelerated reduction in INJ supply over the next two years. Beginning of a new era for the platform with these significant updates. Since its recent mainnet launch, INJ 3.0 has marked a major milestone […]

BlockDAG’s Presale Revenue Jumps to $19.4M Post Lunar Keynote Teaser As Chainlink (LINK) Price & TRON (TRX) Value Declines BlockDAG Presale is breaking records, with its 9th batch amassing over $19.4M and selling over 7.9 billion coins. Meanwhile, the Chainlink (LINK) price is witnessing a deceleration in momentum, and the TRON (TRX) value decreases as […]

Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing too substantial yet, following the completion of […]

Market finally entering recovery mode