Deribit, the world’s leading crypto options exchange, is planning to launch options contracts on three popular alternative cryptocurrencies: XRP, SOL, and MATIC. The move comes amid growing demand and volatility in the crypto market, as well as the exchange’s expansion plans in the European Union. XRP, SOL, and MATIC are among the top 20 cryptocurrencies […]

The U.S. Department of Justice (DOJ) has asked the court to prevent Sam Bankman-Fried (SBF), the former CEO and founder of crypto exchange FTX, from using his investment in Anthropic, an artificial intelligence (AI) startup, as part of his defense in his ongoing fraud trial. SBF is accused of misappropriating over $1 billion worth of […]

Bitcoin’s price dipped by a few hundred dollars over the past 24 hours but recovered all losses and even headed toward $28,000. At the same time, most alternative coins are in the red once again, with ETH slipping below $1,600. Could BTC Challenge $28K? After failing to overcome the $28,000 level at the end of […]

The world of cryptocurrency has long been a source of interest and contention, with supporters applauding its potential for financial innovation and detractors worried about its usage in unlawful activities. One such concern that has lately gained attention is whether cryptocurrencies are aiding in the spread of the deadly opioid crisis, specifically the distribution of […]

The earnings of crypto mining businesses are correlated to the market prices of Bitcoin, and the industry is currently not profitable.

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 Decouples with Gold Bitcoin and gold have similar inflation-hedge narratives. Currently, gold has a lower inflation […]

Edward Farina, the founder and CEO of various crypto-focused initiatives, is confident that XRP is a better “investment” in early October than it was before July when the United States Securities and Exchange Commission (SEC) claimed that the coin was an unregistered security. In a post on October 9, Farina asserted that the coin was declared not […]

Investing veteran Charlie Munger of Berkshire Hathaway is reportedly saying most digital assets – including Bitcoin (BTC) – will ultimately go to zero. Speaking at Zoom’s Zoomtopia conference, Fortune reports that the 99-year-old vice chairman of Warren Buffett’s empire says that investing in crypto is stupid. “Don’t get me started on Bitcoins – that was […]

A closely followed crypto strategist says more rallies are likely in sight for a low-cap altcoin running on the Ethereum (ETH) blockchain. Pseudonymous analyst Altcoin Sherpa tells his 196,700 followers on the social media platform X that the native asset of the image-synthesizing ecosystem Render Network (RNDR) is likely due for a 33% rally from […]

Crypto strategist Benjamin Cowen says that the crypto market is entering one of the most “brutal” stages of its cycle. Cowen tells his 768,800 followers on the social media platform X that Bitcoin’s (BTC) dominance, or its total share of the crypto market capitalization, is now going up as risk appetite for the asset class […]

As Israel declares a state of war against the Palestinian military group Hamas, the crypto community is speculating on how Bitcoin (BTC) and the broader altcoin markets will react. The market volatility tends to increase during geopolitical crises such as war or other military conflicts. While the price of commodities such as oil and gold […]

Crypto lawyers are seemingly divided over the significance of a court order to dismiss the SEC’s motion.

Can traders expect DOGE to rise next week?

The U.S. Securities and Exchange Commission (SEC) has stated that digital assets have no inherent value. In a court motion filed last week against Coinbase, the top US crypto exchange by volume, the regulatory agency says that digital assets have no real value as they cannot generate profits on their own. “Real estate has ‘inherent […]

Lucky Star Currency ($LSC), a relatively new cryptocurrency token on the Binance Smart Chain (BSC), has suffered a massive blow, shedding a staggering 99.25% of its value due to an exit scam totaling approximately $1.11 million in BUSD stablecoin. The incident has once again put the spotlight on the growing scams and malicious activities in […]

Investors and traders turn to the latest technology in order to predict the future of specific cryptocurrencies. Recently, they turned to the AI-driven chatbot ChatGPT. When asked about the best cryptos to watch throughout 2023, it mentioned ApeCoin (APE), Pepe (PEPE), and Everlodge (ELDG), among others. Summary ApeCoin can reach its highest point by the […]

Binance has unveiled copy trading for its futures products in selected markets. This feature allows users to follow and replicate seasoned traders’ trading portfolios and strategies. It allows users to become lead and copy traders simultaneously, fostering more interaction within the trading community, the company said. Rachel Conlan, the Chief Marketing Officer at Binance, remarked: […]

Then, an author shares his new book documenting how cryptocurrency grew quickly before crashing.

Bitcoin price failed to clear the $28,500 resistance and corrected lower. BTC retested the $27,250 support and is currently attempting a fresh increase. Bitcoin is holding gains and still consolidating above the $27,250 zone. The price is trading below $27,800 and the 100 hourly Simple moving average. There is a key bearish trend line forming […]

The Dow and S&P 500 fell early in the day, but rebounded to end the day positive.

Ethereum (ETH) price wobbled below $1,600 on October 9 as markets reacted to insider-controlled wallets withdrawing millions. Can ETH avoid a prolonged bearish price reversal? The Ethereum Foundation is a non-profit organization dedicated to advancing and supporting the development of the Ethereum blockchain and its ecosystem. Wallets associated with the foundation have been observed selling […]

Google Trends data reveals that search interest in Bitcoin, front-running digital currency, has plummeted to its lowest level since October 2020

Investment giant VanEck is weighing in on Ethereum (ETH) rival Avalanche (AVAX), warning that the project faces numerous serious headwinds. In a new report on the digital asset markets, VanEck analysts say that on-chain activity on Avalanche’s C-Chain has collapsed to critical levels. VanEck notes how Avalanche generated about $11,000 in fees per day in […]

The author of the white paper, Robin Linus, based BitVM’s architecture on Ethereum’s optimistic rollups with fraud proofs and recent Merkle tree developments.

Tether (USDT) Cryptocurrency price in India today (09 Oct 2023): Know today's Cryptocurrency price & exchange rates of Tether.

Changpeng Zhao, the CEO of Binance, one of the world’s largest Bitcoin and crypto exchanges, has expressed his belief that the next Bitcoin halving, scheduled for 2024, could usher in a period of renewed price growth. Bitcoin halvings, which occur approximately every four years, are pivotal events in the cryptocurrency’s history. During these events, the rate […]

Bitcoin price analysts are pointing to a combination of high timeframe indicators that suggest the bear market for the leading cryptocurrency may be over, hinting at an impending upward surge. TechDev, a prominent crypto analyst known for insightful market analysis, recently shared a compelling perspective on social media platform X. Drawing parallels to historical trends, […]

The crypto universe never stops evolving, and one of the most eagerly awaited events is Bitcoin’s halving. Changpeng Zhao (CZ), CEO of Binance, has shared his insights into this phenomenon that occurs approximately every four years, based on his experiences with the three previous Bitcoin halvings. Halving is a pivotal event in Bitcoin’s life, and […]

According to a new report by CoinShares, a crypto asset management firm, crypto investment products have seen significant inflows for the second consecutive week, reaching the highest level since July 2023. The post, published on Oct. 9, shows that crypto investment products attracted $78 million in inflows last week, indicating a growing demand for exposure […]

Charles Hoskinson, the founder of the Cardano blockchain, has slammed the mainstream media and everyone who is trying to paint the wrongdoings of Sam Bankman-Fried (SBF), the indicted founder and former CEO of the bankrupt cryptocurrency exchange FTX, as mistakes, thereby making him look like a good man. In a recent post on X, Hoskinson […]

The Comissão de Valores Mobiliários (CVM) of Brazil is planning to start a second regulatory sandbox program in 2024. Speaking at Rio Innovation Week on Oct. 4, the superintendent of institutional investor supervision with the CVM, Daniel Maeda, said the regulator will be exploring a regulatory sandbox for use cases of tokenization potentially starting in […]

Pro-crypto candidate for the United States presidency Robert F. Kennedy, Jr., often known simply as RFK Jr., announced on Oct. 9 at a rally in Philadelphia that he was dropping his bid for nomination in the Democratic primary to run as an independent instead. “I’m here to declare myself an independent candidate,” he said. Kennedy […]