Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and a preceding day’s loss, ARKB remains the third-largest among the […]
XRP eyes meteoric rise in engagement of market participants, but reasons may disappoint
Major crypto tokens traded mixed with a negative bias on Wednesday. Bitcoin, Ethereum, BNB, XRP, Dogecoin, Cardano, and Toncoin were trading in …
A closely followed crypto analyst believes that Dogecoin (DOGE) could hit a huge price target if the memecoin repeats a historic pattern. Crypto strategist Ali Martinez tells his 56,000 followers on the social media platform X that the dog-themed digital asset could soar by 5,900% from its current value. “I feel my fellow DEGENs have […]
Faruk Fatih Ozer, the ex-CEO of the now-defunct Turkish cryptocurrency exchange Thodex, has been handed a staggering prison term for defrauding investors. He has now begun serving his time behind bars. Ozer’s conviction has come after a prolonged legal battle stemming from the collapse of Thodex in 2021, during which he absconded with millions of […]
Telegram announces a 50% ad revenue share for channel owners and Toncoin as a payment method for ads. CEO Pavel Durov highlights the potential for earnings on Telegram, with channels generating 1 trillion views monthly. To prevent centralisation, Telegram plans to sell excess Toncoin to investors under a lockup, aiming to stabilise the ecosystem. Telegram […]
Cardano ADA resumed bearish actions this week following a fresh meltdown across the crypto space. The price appears weak as it heads towards a support line, where a major break or bounce is likely to play. In mid-March, Cardano went through a serious drop after testing the $0.8 level. It later found solid ground above […]
Today, stablecoin issuer Tether announced a significant award of $100,000 to the BTCPay Server Foundation that underscores Tether’s strong backing for the Free and Open Source Software (FOSS) movement, emphasizing its commitment to advancing digital payment solutions, the company stated. JUST IN: Tether donates $100,000 to BTCPay Server so it can continue working on enabling anyone […]
The Dogecoin (DOGE) price looks at risk of further declines as on-chain data show that the meme coin’s largest holders are securing profits. This follows DOGE’s recent price surge, which saw the crypto token rise to a new three-year high of $0.22. Dogecoin Witnesses Wave Of Profit-Taking Data from the market intelligence platform Santiment shows […]
Closely followed quant analyst PlanB believes that Bitcoin (BTC) can print more than 4X gains this market cycle. In a new strategy session, the on-chain analyst tells his 140,000 YouTube subscribers that it would be a letdown if Bitcoin ended the current bull market with a $200,000 price peak. PlanB says his stock-to-flow model, which […]
TL;DR Marc Boiron, CEO of Polygon, sparked the debate by stating that Layer 3 (L3) networks are diminishing the value of Ethereum and aiming to strip the main network of its value. According to Boiron, if all transactions from L3 were settled on a single Layer 2 (L2), ETH would lose much of its value […]
Many cryptocurrency users have not filed their tax returns, fearing that the Internal Revenue Service (IRS) might change regulations after they submit their returns, according to a cryptocurrency tax expert. The expert stated that the IRS has the discretion to apply laws retroactively or retrospectively interpret them. Complex Filing Process Clinton Donnelly, CEO of Crypto […]
The Netherlands and Seychelles will work closely on fighting cryptocurrency crimes and a mission from the northwestern European country is …
The United States government may be selling more of its massive Bitcoin (BTC) stash, potentially piling more sell pressure onto the crypto market, according to blockchain data. On-chain sleuth ZachXBT noted on Tuesday that government controlled Bitcoin tied to Silk Road initiated a small transaction to Coinbase – the crypto exchange previously used by the […]
I recently spoke with Ray Youssef, CEO of NoOnes, a peer-to-peer (P2P) bitcoin trading platform with numerous other functionalities, about how NoOnes is empowering its users, what it’s doing in response to the Nigerian government’s crackdown on Binance P2P and why P2P marketplaces play a crucial role in fulfilling the promise of bitcoin as a […]
Ethereum (ETH) showed a notable performance throughout March. The second largest cryptocurrency hit $4,000 twice and seemed ready for lift-off to a new all-time high (ATH) while the whole crypto market soared. Quarter one (Q1) 2024 closed with important achievements for the crypto community. However, as Q2 started, Bitcoin began a correction that dragged Ethereum […]
The world’s largest crypto exchanges are gearing up to list a new cross-chain altcoin project for millions of traders worldwide. In a new announcement, Binance, the largest digital asset exchange in the world, says that the platform will support Wormhole (W) for spot trading starting Wednesday. Once launched for open trading, Binance says it will attach […]
In an email exchange with ABC News, the disgraced crypto mogul said he’s trying to make things right from prison. Sam Bankman-Fried. Image: Justin Lane/EPA-EFE/Shutterstock After getting slammed for showing no remorse for his role in the catastrophic collapse of crypto currency exchange FTX, disgraced co-founder and former CEO Sam Bankman-Fried expressed regret the first […]
Matic is in a downward range again after facing resistance in the past week. It has lost 5% this week with no sign of stopping yet. However, the price is trading at a key support level, negotiating for the next leg down. A week ago, Matic initiated another sell after failing to recover well from […]
On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70 BTC, successfully processed at block height 837,413, incurring a fee of $1.57. In recent years, the U.S. has accumulated a noteworthy collection of […]
Ethereum’s price history reveals pattern of robust Q2 gains
We’re thrilled to announce that Wormhole (W) is now available on Kraken! Funding and trading Funding for W is live and trading will begin on April 3. Add W to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Only deposit W on Solana. Deposits using other networks will be lost. […]
The cryptocurrency market is witnessing a slight correction, with Bitcoin (BTC) falling below $67k. However, with BTC's halving just around…
TL;DR The long-standing lawsuit between Ripple and the SEC is set to enter a critical phase with the start of the grand trial at the end of April. The company has gained momentum due to partial victories secured in 2023. The lawsuit between Ripple and the US Securities and Exchange Commission (SEC), which has been […]
April 2, 2024 – Hong Kong, Hong Kong Moongate announces the closing of a $2.7 million seed round to develop a modular Web 3.0 engagement layer for real-world activations. Backed by its success in disrupting the ticketing industry, the company aims to expand its reach into other sectors to transform interactive experiences using blockchain and […]
Today, the US government sent a transaction that appears to indicate it may be on the verge of liquidating the remaining Bitcoin it confiscated from the online marketplace Silk Road. According to on-chain data, a 0.001 BTC test transaction, part of a larger stash of approximately 30,174 BTC worth $2 billion linked to the infamous Silk […]
Decentralized Finance (DeFi) protocol MakerDAO is considering allocating 600 million DAI stablecoins to the USDe and staked USDe (sUSDe) protocols through the DeFi lending platform Morpho Labs. The proposed allocation aims to improve risk management and maximize user incentives in the DeFi landscape. MakerDAO Sets Maximum 600 Million DAI Allocation The Spark DAI Vault, launched […]
Cross-chain protocol Wormhole will launch its W governance token on Wednesday, with several cryptocurrency exchanges announcing plans to list the token shortly after the airdrop claim opens up to eligible users. Wormhole previously announced details for the W token airdrop, with more than 400,000 total wallets eligible to participate in the claim. In total, 617.3 […]
BlockDAG $12M Presale Surge: The Dawn of DAG Chain Innovation Amidst Shiba Inu and Solana Altcoins Rally The crypto market was on a roll last week, with many altcoins recording substantial gains, uplifting the global crypto market cap by 3.4% over the seven days. Notably, the Shiba Inu price broke through key resistance levels, with […]
Over 35 cryptocurrency entities, spearheaded by Nexo, have initiated a campaign to introduce a bitcoin emoji, uniting more than 170 million community members in the process. Campaign for Official Bitcoin Emoji Gains Momentum In a push for digital culture recognition, Nexo, alongside more than 35 cryptocurrency organizations, has launched a campaign aimed at securing a […]
Top analyst uncovers key Bitcoin (BTC) levels to watch in next leg up