While Coinbase holds $25 billion in BTC, the exchange only owns around $200 million of Bitcoin in its wallets.

Ethereum underwent the Shanghai upgrade to enhance network activity and strengthen the DeFi ecosystem about a year ago. However, a recent report from JPMorgan suggests the upgrade has not met expectations due to an overall decrease in the network’s activity since then. Ethereum’s Network Activity Declines Post-Upgrade The Shanghai upgrade was a milestone for Ethereum, […]

Largest US cryptocurrency exchange Coinbase scores yet another document that allows its operations overseas

As the United States tightens its grip on cryptocurrency regulations, Galaxy Digital has set its sights on Europe, appointing Leon Marshall, a seasoned executive from the crypto industry, to spearhead its expansion efforts. This move is in response to what Galaxy Digital’s CEO, Mike Novogratz calls a “legislative stalemate” in the United States. In June, […]

Bitcoin is helping secure the truthfulness of Guatemala’s election results. Thanks to OpenTimestamps, a tool created by bitcoin developer Peter Todd a few years ago, Guatemalan tech startup Simple Proof is able to safeguard key documents about the country’s presidential elections from fraud and tampering. Todd’s tool, which leverages hash functions and the bitcoin blockchain, […]

China has banned Bitcoin multiple times, but Bitcoin has always managed to bounce back. The first ban was in 2013, when the People’s Bank of China (PBOC) issued a notice prohibiting financial institutions from using or trading Bitcoin. The PBOC also warned against the risks of Bitcoin investing, citing its volatility and the potential for […]

Polkadot (DOT) is making strategic moves to propel its development forward as bearish market conditions continue to cast a shadow over the crypto landscape. In recent weeks, the network has shifted its focus away from speculation, opting instead to double down on its commitment to technological advancement.  This move was evident in the multiple presentations […]

Australia’s financial regulator has launched a civil lawsuit against a subsidiary of the crypto exchange Kraken for allegedly failing to comply with regulations for its margin trading product. The Australian Securities and Investments Commission (ASIC) alleges that Bit Trade, Kraken’s arm of operations in the country, failed to make a “target market determination” for its […]

Distressed debt investors are reportedly gobbling up hundreds of millions of dollars worth of bankrupt crypto exchange FTX’s claims. According to a new Bloomberg report, an analysis of their records indicates that investment firms such as Silver Point Capital, Diameter Capital Partners, Attestor Capital, Hudson Bay Capital Management and others have bought $250 million worth […]

Prices of leading cryptocurrencies stayed stable over the last seven days. Market leader Bitcoin (BTC) held the fort at $26,569, more or less exactly the same price as last week, while Ethereum (ETH) dropped a slight 2.8% to trade for $1,592. Created with Highcharts 10.3.328. Aug4. Sep11. Sep18. Sep$24500$25000$25500$26000$26500$27000$27500$28000$28500 .st0{fill:#4C4C4C;} .st1{fill:#8DC63F;} .st2{fill:#FFFFFF;} .st3{fill:#8BC53F;} .st4{fill:#009345;} .st5{fill:#58595B;} […]

Bollinger Bands are volatility indicators utilizing price bands. Traders buy near the lower band and sell near the upper band.

Top 10: The soaring popularity of cryptocurrencies has ushered in a new era of challenges that cryptocurrency exchanges are grappling with.

Ripple decacorn wired astounding amount of XRP while coin’s price showed rise

The cryptocurrency payment gateway Alchemy Pay is making strides in its global expansion strategy following the acquisition of a major payment license in the United States. Inaugural U.S. Money Transmitter License for Alchemy Pay The company has successfully secured a money transmitter license in the state of Arkansas, as announced by Alchemy Pay on September […]

A hacker managed to steal a significant chunk of customer information from the crypto data firm Nansen after breaching one of the company’s third-party vendors. Nansen acknowledged the attack in an announcement on the social media platform X on Friday, noting that the vendor breach allowed the hacker to access admin rights to an account […]

The Federal Reserve has released a comprehensive working paper delving into asset tokenization and Risk-Weighted Assets (RWA). As the financial landscape continues to evolve, these innovative financial instruments garner significant attention for their potential to revolutionize investment strategies and reshape traditional markets. The paper explains that tokenization, similar to stablecoins, consists of five core components: […]

In recent weeks, Ethereum (ETH), one of the most valuable assets in the cryptocurrency market, has not enjoyed favorable sentiment due to its struggling price and unstable on-chain performance. The general market condition has not offered much reprieve either, as most altcoins have failed to maintain an upward momentum.  Fortunately, the latest on-chain revelation offers some […]

Binance.US scores temporary win against the SEC, Mt. Gox repayments delayed to 2024, and Tether’s $1B liquidity to Tron network.

Ethereum (ETH) is experiencing a remarkable trend as its balance on cryptocurrency exchanges hits a five-year low, currently standing at just 14,580,091.144 ETH. This significant decrease in the amount of Ethereum held on exchanges is a clear indicator of a growing “diamond hands” sentiment within the cryptocurrency community. Source: Glassnode About 4,000 ETH Withdrawn From […]

“Let innovation happen,” said Kristin Smith, CEO of the Blockchain Association, arguing that rules and regulations surrounding stablecoins and cryptocurrency are often counterproductive. Smith sat down with Decrypt at this year’s Messari Mainnet in New York City to discuss what the digital assets industry is dealing with in regards to the U.S. regulatory environment. Stablecoins […]

… cryptocurrency. Expertise Video Games, Misinformation, Conspiracy Theories, Cryptocurrency, NFTs, Movies, TV, Economy, Stocks. See full bio. Oscar …

A bank with more than $250 billion in total assets says it will soon terminate cash transactions in all of its branches. The Australia-based Macquarie Bank says it will launch a plan to eliminate all cash, check and phone payment services in January, shifting to a digital operation by the end of the 2024. “Between […]

Bitcoin holding above key support level remains encouraging sign

Binance, its US arm Binance.US, and Changpeng Zhao “CZ” have officially filed a joint motion in court to dismiss the lawsuit brought against them by the Securities and Exchange Commission (SEC). Binance Files Motion to Dismiss SEC Lawsuit In the motion filed yesterday (Thursday), crypto exchanges and CZ claimed that the US regulator had overstepped […]

Takashi Murakami said he might step back from NFTs but stay involved differently, Krapoplis is set to debut on Fox this month, and an NFT artist won a multimillion-dollar contract dispute.

Bitcoin’s price has recently rebounded from $25K support, but it is currently facing rejection from a key resistance zone. Technical Analysis By Edris The Daily Chart On the daily timeframe, the price has been rising after finding support near $25K. However, the 50-day moving average, around $27K, is pushing the price down. Another significant resistance […]

As October approaches, the crypto community will have their eyes set on the US Securities and Exchange Commission (SEC), as it has some key decisions to make that could invariably affect the crypto industry and everyone in it.  SEC Appeal Incoming? The SEC is expected to decide whether or not to appeal the ruling in […]

A US county is preparing to hand out $2 million with no strings attached in a new basic income pilot. A total of 180 families will receive $750 per month over the course of 15 months in Fairfax County, Virginia. The sign up process for the Fairfax County Economic Mobility Pilot (FCEMP) runs from September […]

A top crypto analyst is detailing his outlook on Ethereum (ETH) amid tepid price movements in the crypto market. In a new video, pseudonymous analyst Bluntz says that Ethereum is likely witnessing the final stage of a corrective move while trading within an ascending triangle pattern. According to the analyst, Ethereum could print a bullish […]

In the ever-evolving world of cryptocurrency investment, one metric that has recently grabbed the attention of analysts and traders alike is the Bitcoin/Ethereum ratio. This ratio measures the relative performance of Bitcoin (BTC) against Ethereum (ETH), two of the most prominent cryptocurrencies in the market. As it reaches a new one-year high, investors are taking […]

… cryptocurrency by market cap. But HBAR's rise this year does not come without justification. Notably, Hedera, the blockchain project behind the …

Among rocket launchers, grenades and bullets, Venezuelan authorities also seized an unlikely technology from criminals during a prison raid this week: Bitcoin mining machines. In an operation to crack the South American country’s most powerful organized crime group Wednesday, 11,000 troops were used to raid the Tocorón prison in Aragua state, according to an official […]