Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade like other risk assets until it exceeds a billion users.” Scaramucci Doubles Down on Bitcoin as Inflation […]
The Financial Markets Authority (FMA) of New Zealand has been actively combating fraudulent activity and scams in the country’s financial markets. In a series of recent actions, the regulator has taken steps to protect consumers and maintain market integrity, by cancelling one crowdfunding services license and issuing warning against a cryptocurrency company. FMA Cracks Down […]
Arkham Intelligence, an industry leader in on-chain data tracking, has released a list of the richest people in crypto according to their wallet balances. This list has been making the rounds in the crypto community due to the top 5 alone being worth billions of dollars. But perhaps, what is more interesting is how much […]
Vocal Bitcoin maximalist Samson Mow has made curious crypto markets observation as halving is almost here
Like wildfire, meme culture is spreading far and wide. This time, it’s the Tron network getting struck by the meme coin fever. This surge in interest has fueled a wave of enthusiasm that Coq Inu and Raboo presale are riding. While Coq Inu (COQ) has long been the meme mainstay of Avalanche, Raboo’s unique AI-powered […]
Representations of cryptocurrency Bitcoin are seen in this illustration … Hannah Lang covers financial technology and cryptocurrency, including …
In case you missed it, Bitcoin Season 2 released part of its Spring/Summer collection last week. Amongst other things, Mezo, a “Bitcoin economic layer” came out of stealth with a $21 million fundraising round. Alpen Labs announced a $10.6 million bankroll to bootstrap a Bitcoin-native zero-knowledge infrastructure. Another posse of blockchain designers, including the folks […]
TL;DR Runes Protocol Advancement: Franklin Templeton Digital Assets predicts the Runes protocol could give Bitcoin a competitive edge in the fungible token market, potentially closing the gap with Ethereum and Solana. Efficiency and Privacy: The Runes protocol aims to streamline Bitcoin’s network by eliminating unnecessary UTXOs and enhancing privacy, without relying on external data or […]
TL;DR Market Sell-Off: Markus Thielen of 10x Research has liquidated all tech stocks due to fears of a significant market correction, driven by persistent inflation, reduced rate cuts, and rising bond yields. Bitcoin’s Price Drop: The recent decline in Bitcoin’s value is linked to diminishing expectations for an interest rate cut, challenging the previous rally’s […]
The Bored Ape Yacht Club (BAYC), formerly a leading Ethereum non-fungible token (NFT) market collection, has witnessed a significant decrease in its floor price. This downturn signifies a reduction exceeding 90% from its historical peak, noted approximately two and a half years ago. BAYC is nearing a sub-10 NFT floor price, a development attributed to […]
PRESS RELEASE. San Francisco, April 16th: Cove, the first onchain portfolio manager that eliminates loss-versus-rebalancing, has announced a strategic partnership with Bazaar, the decentralized and chain-agnostic launchpad. This collaboration is set to revolutionize the way Cove engages with its community by offering a fair and accessible opportunity to participate in the $COVE token launch. $COVE […]
Hong Kong’s Securities and Futures Commission has become the latest regulator to approve the first spot Bitcoin and Ethereum exchange-traded funds (ETFs). However, the approvals of at least three offshore Chinese asset managers remain conditional. ‘Conditional’ Approval Crypto ETFs Although the regulator confirmed the conditional approval, it did not reveal any details of the ETFs. […]
While Bitcoin prices hover around 15% below their all-time highs, with some skeptics predicting more losses, one analyst on X expects the coin to bounce strongly, even breaking above all-time highs. Taking to X, the trader argues that Bitcoin has yet to breach the Golden Ratio Multiplier’s Cycle Top, currently sitting at $79,591. Supposedly, the analyst continues, […]
Markus Thielen anticipates a significant price correction for stocks and cryptocurrencies, citing stubborn inflation and fewer expected rate cuts. Thielen highlights ongoing inflation and bond market predictions as key risks, potentially leading to a critical point for risk assets. Recent Bitcoin price drop by US$10K follows a year-long 110% increase, hinting at market adjustment amid […]
An unknown address transferred 5,659 BTC worth $363 million, hinting at a potential large sale amidst Bitcoin’s steady downtrend. Market reactions are mixed, with some viewing the transfer as bullish, expecting it to attract buyers or signal upcoming positive developments. Despite recent volatility and price drops, key stakeholders have not sold off their holdings, especially […]
Peter Schiff doesn’t see Bitcoin hitting $100,000
Nimiq, the blockchain payments ecosystem, has introduced Nimiq Pay, a revolutionary step towards enabling cryptocurrency to be accessible to …
Company Name: Azteco Founders: Alexander Fernandez and Paul Ferguson Date Founded: 2014 Location of Headquarters: Santa Monica, CA Amount of Bitcoin in Treasury: Not disclosed Number of Employees: 12 Website: https://azte.co/ Public or Private? Private When Alexander “Akin” Fernandez first conceptualized Azteco over a decade ago, he simply wanted to make bitcoin easier to obtain. He […]
A widely followed on-chain analyst thinks that Bitcoin (BTC) bears are about to get wiped out following last week’s crypto correction. Analyst Willy Woo tells his 1.1 million followers on the social media platform X that the most recent Bitcoin retracement to $60,000 flushed out leveraged longs. Woo says he doesn’t see Bitcoin going down […]
A closely followed crypto analyst and trader is turning bullish on the native asset of a layer-1 blockchain. Pseudonymous analyst Loma tells his 303,500 followers on the social media platform X that BNB, the native asset of the BNB Chain, is displaying strength from both the technical and fundamental viewpoints. “I think [BNB] is a […]
BlockDAG is making headlines in the crypto world after the release of its DAGpaper, with analysts projecting a staggering 30,000x return on investment (ROI). This groundbreaking projection has catapulted BlockDAG into the spotlight, overshadowing even established cryptocurrencies like Dogecoin and FTM in terms of potential growth. With its innovative technology and promising prospects, BlockDAG is […]
Hong Kong regulators recently approved spot Bitcoin and Ethereum exchange-traded fund applications, but Bloomberg ETF analyst Eric Balchunas predicts that the local ETF market may not perform as well as the US due to the current lack of big players and the possibility of high fees. According to Balchunas, the Hong Kong Bitcoin and Ether […]
Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that bitcoin is in a bear market and the price of the cryptocurrency “is going much lower than this.” […]
Senators Elizabeth Warren and Chuck Grassley demand a full accounting of the interactions between the Commodity Futures Trading Commission’s (CFTC) Chairman, Rostin Behnam, and Sam Bankman-Fried (SBF), the convicted founder of the now-defunct cryptocurrency exchange FTX. Commentators wonder if this will allow the public to discover what might have happened between the regulator and SBF […]
On-chain data shows the Bitcoin long-term holder selling pressure has been running out recently after an extended selloff from the group. Bitcoin Long-Term Holders Have Sold Huge In Past 4 Months As analyst James Van Straten explained in a post on X, the long-term holders have massively reduced distribution during the last ten days. The […]
TL;DR Bitcoin reserves in decline on exchanges. Supply depletion forecast in 9 months. Impact of BTC halving and accumulation by ETFs. The trend of depletion of Bitcoin (BTC) reserves on exchanges has captured the attention of investors and analysts, generating projections of a possible depletion of supply within nine months. This phenomenon is the result […]
TL;DR Launch of the ASI token by Fetch.ai, SingularityNET and Ocean Protocol in May. Merger of native digital assets to create the ASI token with an estimated capitalization of $7.5 billion. Objective of democratizing the development of artificial intelligence and challenging the dominance of large technology companies. The Alliance for Artificial Superintelligence (ASI), comprised of […]
Shiba Inu ecosystem tokens BONE and LEASH were also demonstrating comparable gains as SHIB price jumped
Joe Longo, ASIC chair, warns of high-risk crypto activities and potential fraud while asserting ASIC’s role in market regulation. ASIC has taken legal action against NGS companies for unlicensed financial services, reflecting ongoing regulatory efforts. Despite crypto’s partial regulation, Longo emphasises the need for comprehensive law reform to address digital assets. Australian Securities and Investment […]
Tether (USDT) will soon roll out a fully non-custodial tokenization platform to the public, according to Paolo Ardoino, the stablecoin issuer’s chief executive. Ardoino calls the upcoming platform “a masterpiece.” “Fully non-custodial. Multi-chain. Multi-asset type. Super customizable. Tokenize anything from any bonds, stocks or funds to coffee shop reward points. A white label of our […]
A widely followed crypto analyst and trader is unveiling a list of crypto assets he is holding after last week’s altcoin meltdown. The trader pseudonymously known as The Flow Horse tells his 211,400 followers on the social media platform X that his crypto portfolio currently consists of Bitcoin (BTC), Solana (SOL), Ethereum (ETH), dogwifhat (WIF) […]
BNB, originally known as Binance Coin, is a versatile cryptocurrency that fuels the operations of the Binance exchange and its surrounding …