A widely followed crypto analyst is plotting out Bitcoin’s (BTC) most likely moves as the king crypto approaches a halving next year. Pseudonymous crypto trader Rekt Capital tells his 357,300 followers on the social media platform X that regardless of BTC’s next move, the flagship crypto asset will be worth around $30,000 heading into April […]
Solana (SOL), a layer 1 proof-of-stake blockchain, has introduced version 1.16, which enhances user privacy through “Confidential Transfers.” This update includes encrypted Solana Program Library (SPL) token transactions, ensuring confidentiality rather than anonymity. The adoption of version 1.16 by Solana’s network of validators has reached a majority after ten months of development and an audit […]
The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went missing.
Bitcoin (BTC) is facing the risk of a short-term reversal after failing to break above the 200-day moving average, a key indicator of the long-term trend. The leading cryptocurrency has been trading below this level since mid-May. Meanwhile, Ether (ETH), the second-largest cryptocurrency by market capitalization, has also lost momentum after a lackluster debut of […]
Block Inc., a digital payment company co-founded by Jack Dorsey, the former CEO of Twitter, has recently unveiled its latest product, BitKey, a Bitcoin (BTC) hardware storage device. As announced, this innovative hardware device is crafted in the form of a compact hexagon, standing out in both design and purpose. Benefits of BitKey Hardware Device […]
FTX co-founder Gary Wang revealed more details of Alameda Research’s corrupt relationship with his exchange during Sam Bankman-Fried’s fraud trial on Friday. During his testimony, Wang claimed that the function required for Alameda to steal client funds had been baked into FTX’s computer systems back in 2019. Alameda’s Special Privileges As summarized by Inner City […]
Ahead of the implementation of the UK’s newly updated Financial Promotions Regime, Binance has unveiled a dedicated domain for its users in the UK. The crypto exchange has partnered with Rebuildingsociety.com Limited, a Financial Conduct Authority (FCA) regulated firm authorized to approve crypto marketing and communications materials. According to a statement published by the company, […]
The cryptocurrency exchange folded a year later in November 2022. NBA legend Shaquille O'Neal and tennis pro Naomi Osaka were also listed in the …
Crypto analyst Nicholas Merten is warning of a risk that Bitcoin (BTC) faces in the current macroeconomic environment. Merten tells his 512,000 YouTube subscribers that over the long term, Bitcoin is going to experience a “really difficult time” as liquidity tightens. According to the widely followed crypto analyst, Bitcoin’s price direction is heavily determined by […]
Basic income trials are rolling out across the US as governments and organizations prepare to hand out millions of dollars with no strings attached. A new guaranteed income pilot in Sacramento, California is set to disperse a total of $780,000 over the course of a year. The pilot will give $500 per month to 130 […]
How long might sideways movement of Bitcoin (BTC) last?
As the global financial landscape witnesses a seismic shift, reminiscent of the 2008 financial crisis and the dot-com bubble burst, alarm bells are ringing in the bond market, alerting the Bitcoin and crypto market as well. Is A Crash Like 2008 Looming? Renowned Chartered Financial Analyst (CFA), Genevieve Roch-Decter, highlighted the striking parallels in a […]
The United Nations Educational, Scientific and Cultural Organization and the Dutch government launched a new project for supervising AI to help create a framework for the wider EU area.
Pantera Capital CEO Dan Morehead thinks Bitcoin’s (BTC) uninspired price action over the previous two years has just been a temporary deviation away from the top crypto asset’s larger growth trend. Morehead says in a new interview with CNBC that he expects BTC to resume its explosive price gains soon. “Bitcoin has a 14-year trend […]
London’s Saatchi Gallery is one of the world’s most iconic contemporary art showcases, having played host to the likes of Tracey Emin and Damien Hirst. Now it’s opening its doors to NFT art, with a collection of digital artworks, “Long Live London,” appearing in the gallery as part of the Focus Art Fair. Although it’s […]
The next Bitcoin cycle may lead to unprecedented price growth, at least according to BitMEX founder Arthur Hayes. In a new interview with YouTuber Tom Bilyeu, Hayes shared his bullish outlook on Bitcoin’s price, projecting a staggering $750,000 to $1 million valuation for the leading cryptocurrency by 2026. During the interview, Hayes discussed several factors contributing to […]
Binance, the world’s largest cryptocurrency exchange by trading volume, has revealed its eleventh proof of reserve report, which shows that it holds more than 2.6 billion XRP in user assets. The report, which verifies that Binance has enough funds to back up its customers’ deposits, was based on a snapshot taken on Oct. 1. Binance […]
More than nine months after regulatory turmoil in the United States undermined the future of Binance’s stablecoin, the exchange has decided to withdraw from its lending completely. According to an official statement released this week, Binance USD (BUSD) loans will be suspended as of 25 October 2023. This is another step towards the complete termination […]
The digital landscape rapidly evolved, executing a dynamic shift marked by the widespread adoption of cryptocurrencies such as Bitcoin (BTC), …
An analyst who accurately predicted the crypto bottom in November of 2022 is expressing bullish sentiment on Chainlink (LINK) as it trades in a long-running range. Pseudonymous analyst DonAlt tells his 53,400 YouTube subscribers that Chainlink is one of the “best-looking altcoins” in regards to price action. “I actually like this setup of LINK… I […]
The digital landscape rapidly evolved, executing a dynamic shift marked by the widespread adoption of cryptocurrencies such as Bitcoin (BTC), Ethereum, and now this newcomer: Bitcoin Spark. The trio of BTC, Ethereum, and the innovative Bitcoin Spark represents a diverse range of blockchain technologies and functionalities. Bitcoin Spark (BTCS) Bitcoin Spark operates on a unique […]
Large-scale transactions of Shiba Inu tokens have once again captured the attention of the cryptocurrency community. In a recent announcement by the crypto tracker Whale Alert, a substantial amount of SHIB was observed being transferred from the Amsterdam-based cryptocurrency exchange Bitvavo to an undisclosed blockchain address. The staggering figure of 4,584,530,677,374 SHIB raises intriguing questions […]
Binance, once the uncontested titan in the cryptocurrency exchange arena, has seen its spot market share diminish for seven consecutive months
Bitcoin is being treated with suspicion on short timeframes, with repeated pushes into resistance met with rejection.
On this day 14 years ago, the Bitcoin price was born. As noted in a post on X today by Bitcoin Historian Pete Rizzo, October 5 marks the anniversary of the date on which NewLibertyStandard, a pseudonymous early Bitcoin user made public the first U.S. dollar price valuation for Bitcoin. A home miner at the time, […]
A closely followed crypto strategist is predicting when trading in the altcoin market could begin to surge. Pseudonymous analyst Altcoin Sherpa tells his 196,600 followers on the social media platform X that an altseason is likely coming within months. “Either way, I’m eyeing December/January as another strong period for altcoins and you should too. Strap […]
The co-founder and CEO of CryptoQuant says that Bitcoin (BTC) whales are in a “risk-on mode,” signaling a bull market. Crypto analyst Ki Young Ju tells his 327,800 followers on the social media platform X that BTC whales are increasingly active in one key area of the crypto market. “Bitcoin whales are still in a […]
The plaintiffs of the EthereumMax (EMAX) investor class action lawsuit have been given a final sh to amend their claims against the celebrities they accuse of promoting the now-defunct cryptocurrency. In an Oct. 3 court order, United States District Court Judge Michael Fitzgerald said he’s giving the EMAX investors a third and final chance to […]
Pascal Gauthier, the CEO and Chair of Ledger, has announced a significant staff reduction of 12%. The decision to cut positions was attributed to the challenging macroeconomic environment, particularly the impact of the bear market in 2022 as well as the recent struggles faced by cryptocurrency firms like FTX and Voyager Digital. Ledger Addresses Economic […]
Cryptocurrency fraud: Bankman-Fried on trial. WION Video Team | Updated: Oct 06, 2023, 04:35 PM IST. The trial of disgraced crypto star Sam Bankman …
Ripple’s Chief Technology Officer (CTO), David Schwartz, has always been quick to come to the defense of the crypto firm and its technology. This time, he has defended Ripple developers implementing a newly proposed ‘Clawback’ feature on the XRP Ledger (XRPL). Why The Clawback Feature Is Necessary In a tweet shared on his X (formerly […]
TL;DR Yassin Mobarak, founder of a Crypto VC firm, suggests the SEC might withdraw its case against Ripple to avoid negative exposure. He believes the regulator uses litigation to maintain uncertainty in the crypto sector. The Ripple vs. SEC legal dispute began in December 2020, with Ripple’s recent win when an appeal request by the […]