On September 17, 2015, the U.S. Commodity Futures Trading Commission (CFTC) officially declared Bitcoin a commodity, a distinction that eight years later continues to set it apart from other cryptocurrencies that have yet to earn this status. While regulatory uncertainty still looms over other more centralized, digital assets, the CFTC’s classification of Bitcoin as a commodity […]

The European Union Agency for Law Enforcement Cooperation (Europol), has cautioned against escalating criminal activities in the Decentralized Finance (DeFi) sector. In a report dubbed the “European Financial and Economic Crime Threat Assessment 2023,” Europol acknowledged the remarkable independence and security offered by blockchain technology but sternly criticized the DeFi sector. Blockchain technology, as the […]

The Bitcoin price is sustaining its bullish momentum from the previous day. Today, it surpassed the $27,000 threshold, a level not seen since August 31. Notably, BTC recorded its first green weekly closing candle in five weeks yesterday. As of press time, the Bitcoin price has reached an intra-day high of $27,267. Why Is Bitcoin […]

A closely followed crypto analyst says that Bitcoin (BTC) could witness another parabolic rally en route to a new all-time high after its 2024 halving. Pseudonymous analyst Rekt Capital tells his 352,200 followers on the social media platform X that Bitcoin could rally above $80,000 in the months following its next halving event. The halving, […]

Financial services and banking giant Citigroup is reportedly launching a unique private blockchain for its clients. According to a new Bloomberg report, Citigroup has unveiled Citi Token Services, a product aimed at tokenizing client deposits. The service is reportedly focused on improving cash management and trade-finance capabilities, such as increasing the speed of transactions. Says Citigroup’s […]

The presale for Wall Street Memes ($WSM) has now just seven days left, leaving potential investors limited time to purchase tokens ahead of a potentially explosive IEO. Wall Street Memes ($WSM), which launched at the end of May, has now raised more than $25 million in what has turned out to be one of the […]

Renowned trader John Bollinger, famous for developing the Bollinger Bands trading indicator, has turned his focus back to Bitcoin, hinting at a possible ‘Upper Band’ breakout

While the leading cryptocurrency Bitcoin continues to gain bullish momentum, the altcoins are riding the same wave of recovery.

Crypto exchanges HTX (formerly Huobi) and OKX have seen their traffic surging 200% and 185% YTD, respectively.

Chainlink (LINK), the blockchain-based oracle service provider, has made headlines with its impressive 6% price surge over the past 24 hours, bringing its value to $6.58. This significant price increase has piqued the interest of community members and analysts alike, sparking a discussion about the driving forces behind this surgeAin Wallet Movements In the last […]

Major token prices were little changed over the weekend as bitcoin (BTC) and ether (ETH) held above support levels in the absence of a catalyst that could help sway prices, though interest-rate decisions due later this week may introduce downward pressure. Markets remained generally tepid, with overall capitalization growing just 0.4% in the past 24 […]

Casey Rodarmor, the creator of the Ordinals protocol, made a surprising return to the public eye during the Ordinals Summit held in Singapore this week.    The appearance marks Rodarmor’s first public engagement in months, following a period of isolation after the protocol’s launch in January of this year. He previously broke his silence most […]

Ethereum-based Layer 2 network “Base” has put on an impressive performance yet again, with its Total Value Locked (TVL) coming close to one of the most notable blockchains. Coinbase’s BASE Has Outperformed Solana Coinbase’s layer 2 blockchain network, Base, has seen an upward trajectory movement since it was introduced to the public, outperforming some of […]

Binance P2P, a peer-to-peer trading platform, has introduced five new automated payment methods, for cryptocurrency buyers and sellers across 15 fiat markets. With these automated payment options, users can instantly receive their purchased assets, streamlining the trading process. Automated Methods Streamline Cryptocurrency Trading These automated methods eliminate the need for sellers to manually verify payments […]

Analytics firm IntoTheBlock says that major Ethereum (ETH) layer-2 (L2) protocols are evolving and finding their respective niche. IntoTheBlock says that Ethereum-scaling solutions Base, Arbitrum (ARB) and Optimism (OP) are carving out their own paths and creating a “robust and diverse ecosystem.” Looking at Base first, the analytics firm says that Coinbase’s new layer-2 protocol […]

Critics often overlook the inconvenient fact that “decentralized” blockchains in fact depend on centralized points of failure that have the potential to corrupt entire ecosystems.

XRP targets next major move

politics : 22 year old Ethan Ngunli is a software engineer at Google. He said that he lost around 67 lakh rupees by investing in crypto currency.

In a recent turn of events, Ant Group, a Chinese financial technology giant, reportedly decided to divest its $100 million investment in A&T Capital, signaling a retreat from the volatile crypto sector. These reports come a few months after the resignation of A&T founding partner Yu Jun, who was later investigated for his workplace misconduct […]

The blocksize war marked a pivotal chapter in Bitcoin’s nascent history, illuminating the ability of node operators to withstand systemic changes that could undermine the network’s foundational principles of decentralization and censorship resistance. At the crux of the controversy was the issue of scaling Bitcoin to accommodate growing transaction volumes. While one camp advocated sacrificing […]

On-chain data shows a Bitcoin indicator has continued to retest the bear-bull transition point recently, but is yet to obtain a break. Bitcoin Short-Term Holder SOPR Is Retesting The Break-Even Level As pointed out by an analyst in a CryptoQuant post, the short-term holders have continued to sell at a loss recently. The relevant indicator […]

A closely followed crypto strategist believes that Solana (SOL) is still in a downtrend despite last week’s surge. Pseudonymous analyst Altcoin Sherpa tells his 196,300 followers on the social media platform X that Solana is facing a key resistance level at around $19.50. According to the analyst, Solana has been printing bearish lower-high setups ever […]

Recent data shows that crypt asset investment products are consistently showing considerable outflows. Bitcoin (BTC) comprised 85% of these outflows in the last week. On the other hand, some prominent cryptocurrencies, including Ripple (XRP), Solana (SOL), and Cardano (ADA) witnessed inflows from institutional investors.  As per the latest data report, digital asset investment products saw […]

Hut 8 Mining, a Canadian Bitcoin (BTC) mining company, and US Bitcoin, a US-based Bitcoin mining and hosting company, have announced the completion of their merger to form Hut 8 Corp, a new entity that aims to become a global leader in the BTC mining industry.  The merger was approved by the Canadian Supreme Court […]

The Toncoin (TON) price broke out from a descending resistance line and is approaching its local high at $2.97. The price action is still bullish, but the RSI readings and Elliott Wave count suggest that a top will be reached soon. TON Price Breaks Out From 270-Day Resistance The TON price has fallen under a […]

NFL quarterback Trevor Lawrence, along with popular YouTube influencers Kevin Paffrath and Tom Nash, have reached a settlement in a lawsuit related to their endorsements of the now-defunct FTX cryptocurrency exchange. High-Profile Figures Face Similar Lawsuits According to Bloomberg’s report on September 16, the terms of the settlement have not been disclosed. This development marks […]

The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS’ greenlist

When can traders expect midterm rise of Binance Coin (BNB)?

… cryptocurrency firm. Terms of the settlement were not revealed. The report noted that the agreements are the first to be reached following a rash …

The Congressional Budget Office (CBO) is revising its projections for this year’s US budget deficit, saying it will be significantly higher than previous estimates. In a new report, the agency says it now projects government expenditures will outpace revenues to the tune of $1.7 trillion in 2023. “On the basis of its estimate of the […]

An analyst who rode the crypto rally earlier this year believes that Bitcoin (BTC) has a shot to ignite a steep rally and print a new 2023 high. In a new strategy session, DonAlt tells his 53,200 YouTube subscribers that it is within the realm of possibility for Bitcoin to witness a burst to the […]

Stablecoin issuer Paxos, in one of the latest developments, released the first transparency but unaudited report for the recently born Paypal USD, or PYUSD stablecoin, affirming the stability and reliability of the assets. This latest report also highlighted that, as the curtains fell in August, the lion’s share – over 90% – of PYUSD was […]