Altcoin season looms, data shows market liquidity support

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin has had another period of intense and record-breaking success, spurred on both by positive developments […]

Bitcoin (BTC) has been recording new highs, and with its uptick, established coins such as BNB and GALA have been some of the top gainers. However, despite their stellar performance, Algotech (ALGT), a new presale token, is taking all the credit as the crypto with the most potential growth. Can ALGT live up to BNB […]

The National Tax Service in South Korea is preparing to launch a virtual asset tax system to curb cryptocurrency tax evasion.

The tokenization of real-world assets offers “far-reaching” new functions, according to Travis Hill, the vice chair of the U.S. Federal Deposit Insurance Corporation (FDIC). In a new speech at the Mercatus Center, Hill says real-world asset tokenization offers programmability, the ability to hard-wire value transfers that automatically self-execute when certain conditions are satisfied. Tokenization also […]

TL;DR The implementation of Dencun on the Ethereum mainnet has been successfully carried out. One of the main goals is to address the scalability and cost challenges facing Ethereum. The introduction of “blobs” of data through EIP-4844 will provide a new space to store data on the ETH blockchain, facilitating data management and reducing associated […]

[PRESS RELEASE – Austin, Texas, March 13th, 2024] SendingNetwork, communication infrastructure for web3, today announced the launch of its testnet for bandwidth mining. This launch is set to revolutionize the way we utilize bandwidth around the world. Through the implementation of an incentive testnet, rigorous security measures, and a clear roadmap towards token launch, SendingNetwork […]

The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had contracted the services of a third-party company to help in this task, and it is scheduled to be […]

Upskilling focuses on expanding employees’ abilities and scope of knowledge within their current field. Our always-on mentality toward upskilling drives investment in the growth and advancement of our global team through initiatives like our Talent and Development program. Why invest in upskilling? Doom and gloom about technology eliminating human jobs has been around for hundreds […]

Amidst Nigeria’s economic struggles, marked by currency devaluation, a tense confrontation has arisen between the government and cryptocurrency platform Binance. The situation escalated with the detention of two senior Binance executives, Nadeem Anjarwalla and Tigran Gambaryan, sparking concerns about diplomatic tensions and the regulatory landscape surrounding cryptocurrencies in Nigeria. Authorities Demand User Data amid Allegations […]

As the Bitcoin price continues on an upward trajectory that has sent it toward new all-time highs, breaking above $73,000 this week. With this increase, the vast majority of BTC holders are currently seeing a profit, and large whales are taking advantage of this to cash out some profit. Large Bitcoin Whales Sell-Off Coins Crypto […]

Market still showing strength, but not every asset is in aggressive rally mode

The CEO of JPMorgan Chase comparing smoking to Bitcoin is actually an improvement in sentiment…somehow. Dimon suggested that he would defend the consumer’s right to purchase BTC, even though if he were the government he’d still shut it down. JPMorgan is somewhat ironically working on its own blockchain called Onyx. Meanwhile, Bitcoin continues to hit […]

Research from Kaiko has found the rate at which new Bitcoin millionaires are being created this bull run is about half that seen during the 2021 bull run. Kaiko suggests this reduction may be due to this run still being in its early stages, with the Bitcoin halving still around a month away. Separate research […]

I recently converted a Bitcoin seed phrase into a DNA sequence, just because I can. Using only the first four letters of the BIP39 seed words, a 12-word seed phrase can be stored in a mere 48 nucleotides of DNA. (For comparison, the average gene is several thousand nucleotides long, and the complete human genome […]

Price models suggest Bitcoin’s (BTC) bull run is just getting started, according to on-chain analyst Willy Woo. Woo tells his 1 million followers on the social media platform X that Bitcoin’s upper bound is currently $337,000. “So this bull market is still early, equivalent to $20,000 of last cycle. Last cycle didn’t hit the upper […]

In recent times, the dYdX Chain has witnessed significant adoption, marked by the addition of 20 new markets to its platform since the deployment of the New Market Listing Widget on dydx.trade. The latest addition to the platform is $ALGO, contributing to the total TVL (Total Value Locked) reaching $11 million. Since the New Market […]

The cryptocurrency is down double digits on Wednesday seeing a massive decline in price of 36%. The crash is causing holders immense distress as a …

Cryptocurrency analysts are abuzz with chatter surrounding NEAR Protocol (NEAR) as the token experiences a meteoric rise in value. The past month has been nothing short of phenomenal for NEAR, with its price leaping by an impressive 130%. Will NEAR Hit $8? This surge, which translates to an impressive $7.91 per token at the time […]

[PRESS RELEASE – Madrid, Spain, March 13th, 2024] Hacken, a blockchain security auditor, announces the tokenization of its equity linked to the company`s native token, $HAI – a work-to-earn, product-utility, and governance token. It allows existing or new $HAI holders to exchange their assets for Hacken Equity Shares ($HES). This move makes Hacken the first […]

Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most targeted. Unlike in January, the number of victims who lost digital funds exceeding $1 million […]

The legal battle between Coinbase and the Securities and Exchange Commission (SEC) heated up as the crypto exchange moved to court to force the agency to begin a “long-overdue rulemaking process.” The Crypto Exchange’s Push for Clear Rules According to a filing at the US Court of Appeals for the Third Circuit yesterday (Monday), Coinbase […]

TL;DR PancakeSwap V4 Launch: PancakeSwap has launched its V4 version, marked by a $3 million CAKE airdrop campaign to incentivize both existing users and newcomers to explore the enhanced platform. Technological Improvements: The new version introduces a unified contract structure for pools, leading to substantial gas savings and a more streamlined trading process. It also features a […]

TL;DR Bitcoin reaches its fourth all-time high of the cycle, surpassing $72,000. A classic wealth transfer is observed from HODLers to speculators. Significantly increases cash profit taking and futures leverage demand. Bitcoin (BTC) has reached a new milestone by surpassing $72,000, marking its fourth all-time high of the cycle. This notable rise has taken investor sentiment […]

Bernstein anticipates Bitcoin will reach $150,000

USDT issuer Tether has helped top US government officials seize digital assets from an unhosted crypto wallet. In a new announcement, Tether says it has worked with the FBI and the US Department of Justice (DOJ) to take $1.4 million in USDT from a “scam network.” Says Paolo Ardonio, Tether’s CEO, “We are proud of our collaboration […]

Bitcoin’s rollercoaster ride continues on its merry way, as investors push and pull over a realistic new consolidation point for the digital asset. The coin settled at a little over USD $70K after falling (and re-gaining) over 5% in a matter of hours. Meanwhile, musical icon Drake shared a Bitcoin meme of Michael Saylor on […]

Cryptocurrencies are, well, cryptic. That doesn't mean they can't make you money. Bitcoin, the most prominent cryptocurrency on the global market, …

In a recent development, the founder of “Bitcoin Fog,” a cryptocurrency-mixing service, was found guilty by a federal jury in Washington of helping to launder tens of millions of dollars from darknet markets notorious for illegal drug sales. Multi-Million Dollar Crypto Money Laundering Case According to a Bloomberg report, Roman Sterlingov, a 35-year-old Russian-Swiss national, […]

The top memecoins that garnered significant attention over the past two weeks, namely $PEPE and $SHIB, are facing a downturn as the new trading week unfolds. Today, $PEPE recorded an 8% loss, while $SHIB saw a 3% decline, adding to its 20% decrease over the past seven days. Reports suggest that whales are capitalizing on […]

JPMorgan CEO Jamie Dimon believes citizens should have every right to buy Bitcoin (BTC) if they want to – even if it’s a haven for criminal activity. “I defend your right to smoke a cigarette, [and] I’ll defend your right to buy a Bitcoin,” said Dimon at the Australian Financial Review summit in Sydney, according […]

The Bahamut blockchain is an innovative EVM-based, layer 1 solution, renowned for its security, decentralization, and scalability. It uses the FTN coin for network operations, cross-chain functionalities, and rewards. Notably secure, Bahamut has passed CERTIK and HEXENS assessments and introduces a unique Proof of Stake and Activity (POSA) consensus mechanism, rewarding validators based on engagement […]