ana
Canadian Regulators Warns Crypto Firms Against Gambling-Style Advertisements
Canadian market regulators have warned cryptocurrency service providers against those to mislead investors through their gambling style advertisements.
Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site
Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.
Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill
Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.
Canada's Federal Government Begins Consultations on Digital Currency
The federal government of Canada announced in a budget address that it has started discussions on cryptocurrencies, stablecoins and central bank digital currencies.
The Ontario Securities Commission Flags Crypto Exchanges CEO's Tweet to Law Enforcement
The Ontario Securities Commission has flagged Twitter posts to the law enforcement by the CEOs of cryptocurrency exchanges Kraken and Coinbase Global Inc., according to the Logic report.
Canadian Lawmaker Introduces Bill, Seeking to Aid Crypto Industry's Growth
Michelle Rempel Garner, a member of the House of Commons of Canada, has introduced a bill that seeks to provide leeway for crypto and their ecosystem to thrive in the country.
US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada
With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising.
Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams
Chainalysis has announced partnered with Wyoming’s Division of Banking to fight cybercrime, crypto laundering, crypto scams, sanctions violations, and more.
Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan
Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.
Crypto Controls Needed in Lending Sector to Stem Depression, Expert Says
For depression and crashes to be averted in the crypto market, regulation and capital controls are needed to supervise fast-growing trading platforms, according to a quantitative risk modeller.
Panama Congress Passes Crypto Regulation Bill
Panama’s legislature voted 38 in favor, 2 abstentions, and none against a bill to legalize the use of cryptocurrencies on Thursday.
Canadian Regulator Charges Coinsquare Executives For Crypto Market Manipulation
Coinsquare executives have resigned following a settlement with the Ontario Securities Commission.
Crypto Exchange Bitfinex to Stop Serving Ontario Crypto Investors
Cryptocurrency exchange Bitfinex announced that it will be leaving the Ontario market, reminding users to withdraw all their funds before March 1.
Ontario Securities Commission Criticizes Binance for Incomplete Registration
The Ontario Securities Commission (OSC) of Canada stated that Binance has not yet obtained the legal operating qualifications for the province of Ontario.
Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders
Department of Homeland Security (DHS) trials Blockchain solution for Canadian borders - Works with Customs Direct, a partner with blockchain expert Morpheus.Network, to fast track multiple Proof of Concepts (POCs).
Over 81% Helium Community Approves Migration to Solana Blockchain
Helium developers proposed the migration to help scale the blockchain through more efficient transactions and interoperability.
Crypto ATM Market Expected to Hit $1.88B by 2028 with CAGR of 59.2%
The crypto ATM market is anticipated to reach $1.88 billion by 2028, according to a report by US-based consulting firm Grand View Research Inc.
Apollo Teams Up With Anchorage to Expand its Product Offering
Apollo Global Manage and Anchorage have partnered to expand the former's crypto products
Google Cloud Says Running Validator on Solana Blockchain
Google Cloud is running a validator on the Solana blockchain. The validator will soon add new features that will allow integration for Solana (SOL) developers and node runners.
Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says
Compared to Ethereum’s Solidity language when developing play-to-earn (P2E) games, the ease of use of Solana’s building language- Rust will give Solana a competitive edge, according to AmioTalio.
5G Wireless Network Helium Proposes Migration to Solana Blockchain
Decentralized peer-to-peer (P2P) 5G wireless network Helium is proposing to migrate its own network, officially known as HIP 70, to Solana in search of more efficient operations.
COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency
Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.
UK's Tax Authority Ready to Invest Up to $130,000 in Blockchain Analytics Tool to Track Crypto Cybercriminals
The UK tax authority HM Revenue and Customs (HMRC), is looking for an analytics tool using blockchain to enhance the process of identifying criminals who are trading in cryptocurrencies online.
Canadian Rehabilitation Foundation to Accept Crypto Charitable Donations
The Glenrose Rehabilitation Hospital Foundation (GRHF), a healthcare entity based in Edmonton, Alberta, Canada, is considering adding cryptocurrency to its donation path.
Ontario Teachers Pension Floats with FTX Trading amid Crypto Volatility
Despite market volatility and a recent decline in value, Ontario Teachers Pension has continued embracing its crypto business investments.
Walmart Canada Delves Deeper into Blockchain with DLT Labs Tie-Up
Walmart Canada has teamed up with DLT Labs for its blockchain-driven freight and payment network that is touted to be the world’s most prominent full production blockchain solution for any sector application.
Canada to Become the Global Leader in the Blockchain Industry, Report Indicates
In a recently published report by the Canadian Chamber of Digital Commerce showed that Canadians in the blockchain industry are amongst the highest-earning salaries in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding regulation in Canada.
Canadian Crypto Exchange Shuts Down to Protect Customers
In Vancouver, Canada, another cryptocurrency exchange has closed down. This is not the first Canadian based Exchange to encounter problems, with some users losing everything last year when another exchange lost access to private keys.
Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud
The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.
Blockchain as a Solution for Data Management in Clinical Trials
Applying blockchain technology to clinical trials can help resolve one of the industry's biggest weaknesses: Poor data management. Learn how blockchain's immutability trait can become a trial investigator's best asset.
Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos
Canada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of how Canadians spend their money.
Ernst and Young Unveil Blockchain Solution for Public Funds Management
This move by Ernest and Young is an accurate depiction of the boundless opportunities and possibilities inherent in Blockchain technology.
XRP Status Classified as Unclear, Meanwhile Analysts Say XRP Price Could Jump to $0.30
The US Commodities and Futures Trading Commission (CFTC) Chairman Heath Tarbert indicated in an interview that the status of XRP has been classified as unclear. He said, “It’s unclear. Stay tuned I’d say. Part of the issue is that our jurisdiction we share with the SEC (Securities and Exchange Commission). If it’s a security, it falls under their jurisdiction. If it’s a commodity, it falls under ours.”
Canadian Dollar Payments on Blockstream’s Liquid Network Boosting Bitcoin Adoption Powered by Bull Bitcoin
Montreal-based Bitcoin exchange Bull Bitcoin, released Liquid Canadian dollars (L-CAD) using Blockstream’s Liquid Network, taking the Bitcoin standard to Canada. Blockchain’s Liquid sidechain is used for settling Bitcoin transactions.
World's Second Largest Bitcoin Mining Company Raises $90M in US IPO
The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).
Norwegian Air Set to Accept Cryptocurrency Payments
Amazing times ahead for travelers in Norway as Norwegian Airline, one of the largest in Europe is set to accept the use of cryptocurrency as a means of payments for flight booking.
Bitwise Offers Actively Managed Strategies to Institutional Investors
Crypto asset manager Bitwise designed actively managed funds to meet the needs of institutional investors, including wealth managers.
India IT Tech Firm Partners with Local Government to Introduce Blockchain Acceleration
Huge development talks originating from Pune City, shows that India IT services firm Tech Mahindra recently introduced the T-block Accelerator, the maiden accelerator program for the Telangana Blockchain District in partnership with the state government and IBC Media, an innovative management company.
OKX Partners with Pyth Network
Cryptocurrency exchange OKX announced that it is partnering with Pyth Network, which operates one of the largest and most reliable oracle networks.
India’s Telangana State Keeps the Ball Rolling with Blockchain-Centered Incubator
The administration of Telangana, a Southern Indian State, has announced the setting up of an incubator meant for startups in the blockchain technology field
Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund
Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange.
Blockchain Application in Healthcare to Cross $500 Million by 2022
Frost & Sullivan, a world-renowned firm that offers insights on disruptive technologies and economic changes, has revealed an analysis dubbed ‘Global Blockchain Technology Market in the Healthcare Industry, 2018-2022’ that blockchain investment is expected to surpass $500 million by 2022.
Ex-Cambridge Analytica Employee Confident that Blockchain Can Help Protect Personal Data
Brittany Kaiser, the Cambridge Analytica scandal whistleblower discussed in an interview at the World Economic Forum that blockchain technology could be an important tool to address data protection issues.
Fed’s Interest Rate Hikes Attributed to Primary Catalyst of Crypto Bear Market
The decision by the federal reserve (Fed) to continuously hike interest rates to tame runaway inflation has been detrimental to the crypto market as bears continue to bite.
Enabling Innovation in Asset Management: SFC's Approach
Christina Choi of the SFC spoke at the Bloomberg Buy-Side Forum Hong Kong 2023, emphasizing the importance of balancing innovation with regulation in the asset management industry. She highlighted the SFC's ongoing work on guidelines for tokenization of investment products.
Saros Cryptocurrency (SAROS) will be listed on Bybit
Saros raises $3.75M in funding and gets listed on Bybit with a 50,000 USDT prize pool, marking significant strides in expanding its reach and enhancing its offerings in the DeFi space.
$136M Inflow into Crypto Assets, Bitcoin Remains Preferred Choice
In the latest update from CoinShares, digital asset investment products have seen a significant inflow of $136 million in the past week. This surge marks the third consecutive week of inflows, totaling $470 million, effectively offsetting the outflows observed in the preceding nine weeks.
Solana Foundation Responds to SEC's Security Classification of SOL Token
The Solana Foundation has publicly objected to the United States Securities and Exchange Commission's (SEC) recent classification of its native cryptocurrency, Solana (SOL), as a security.
Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)
Circle has introduced a new pre-mint address for USDC on the Solana blockchain, streamlining operations in anticipation of the Cross-Chain Transfer Protocol launch.
Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products
Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.
US Fed denies Custodia Bank membership over crypto concerns
The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-management framework for its proposed cryptoasset-related activities. The bank is also prohibited from running crypto-related services if accepted as a member.
Three Metaverse Reference Rates From CME Group
CME Group and CF Benchmarks will launch reference rates for Axie Infinity Shards AXS, Chiliz (CHZ), and Decentraland's MANA. Sector-specific portfolios may be priced using reference rates and indices. CME Group introduced Bitcoin and Ether options last year.
Etherscan Acquired Solana to Enhance Services and Ensure Fair Blockchain Data Access
Etherscan's acquisition of Solscan marks a strategic expansion in blockchain exploration, promising enhanced services, innovation, and industry growth.
Bitwise Explains Bitcoin ETF Mechanics: A FAQ Guide
Bitwise Investments provides answers to common investor questions about Bitcoin ETFs.
IntoTheBlock Analyzes USDT Across Various Blockchain Deployments
IntoTheBlock unveils a new dashboard that analyzes the use of USDT across different blockchain platforms.
Transitioning from Rust to Solana: A Comprehensive Guide for Developers
This article provides a detailed guide for developers transitioning from Rust to Solana, highlighting the key differences and setup details.
NVIDIA Uses Generative AI to Streamline CVE Analysis at an Enterprise Scale
NVIDIA is leveraging generative AI to streamline the process of scanning and patching software vulnerabilities at an enterprise scale.
Bitcoin (BTC) Enters Accumulation Phase Amid Market Adjustments
Bitcoin (BTC) enters accumulation phase as market adjusts post-all-time high.
Mantle Network Now Accessible on Dune for Enhanced Blockchain Analytics
Mantle Network integrates with Dune, offering robust analytics for DeFi data.
Crypto Market Surges in May with Key Regulatory Approvals
Crypto market up 8.6% in May, driven by favorable regulations.
Anthropic's Claude AI Now Available in Canada
Claude AI is now accessible in Canada via multiple platforms.
Canaan Inc. Secures Major Order for Avalon Miner A1566 from Cipher Mining
Canaan Inc. announces significant purchase order from Cipher Mining for Avalon Miner A1566 units.
Solana Breakpoint 2024: Key Side Events and Highlights
Explore the side events happening at Solana Breakpoint 2024 in Singapore.
Segantii Capital Management Faces Insider Dealing Charges in District Court
Insider dealing case against Segantii Capital Management and CIO moved to District Court.
Circle Expands Web3 Services to Solana (SOL), Empowering Developers with New Tools
Circle's Web3 Services now support Solana, enhancing developer tools.
Panasonic Information Systems Chooses Oracle Cloud to Modernize Internal Infrastructure
Panasonic IS migrates key internal systems to Oracle Cloud Infrastructure, enhancing performance and reducing costs.
Binance Introduces New Fee Structure for Managed Sub-Accounts (MSA)
Binance updates its Managed Sub-Account (MSA) with new fee structure and restrictions.
Nordic Service Partners Leverages Oracle Cloud to Enhance KFC Operations
NSP integrates Oracle Simphony Cloud POS to boost KFC operations.
Bitfinex: Bitcoin (BTC) Faces Selling Pressure from Whales, Long-Term Holders, and Miners
Bitcoin faces selling pressure as whales, long-term holders, and miners offload assets, influencing market trends, according to Bitfinex Alpha.
Bitcoin (BTC) Profitability Robust Despite Declining Market Volumes
Bitcoin investors maintain strong profitability despite declining volumes and a range-bound market, indicating an equilibrium between demand and sell-side forces.
Oracle Recognized as Leader in 2024 Gartner Magic Quadrant for Analytics
Oracle has been named a Leader in the 2024 Gartner Magic Quadrant for Analytics and Business Intelligence Platforms, praised for its Ability to Execute and Completeness of Vision.
Oracle Cloud Enhances Hotel Operations and Guest Experiences
Oracle Cloud's OPERA platform boosts automation and efficiency in hotels globally, with a significant increase in adoption noted in the past fiscal year.
Bitcoin (BTC) Faces Demand Decline as Long-Term Holders Influence Market Dynamics
Bitcoin struggles to reclaim its recent ATH. Analysis on Long and Short-Term investors reveals insights on market dynamics.
Anthropic Introduces Project Management Features for Claude AI Users
Anthropic launches Projects for Claude.ai Pro and Team users, enhancing collaboration and workflow optimization with AI.
Canaan Unveils Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024
Canaan Inc. launches the Avalon Immersion Cooling Miner A1566I at Mining Disrupt 2024, featuring enhanced efficiency and innovative design.
HKMA Warns Public of Fraudulent Social Media Account and Phishing Messages Related to Royal Bank of Canada
The Hong Kong Monetary Authority alerts the public about fraudulent social media accounts and phishing messages related to the Royal Bank of Canada.
Circle Enhances Web3 Services with Solana Support and New Developer Tools
Circle introduces Solana support for Programmable Wallets, new Smart Contract API, and Circle Credits Program to aid developers. Learn more about the latest updates.
IBM's AI-Powered Text-to-SQL Generator Tops BIRD Benchmark
IBM's generative AI solution secures first place on the BIRD benchmark, improving complex database query handling.
Bitcoin (BTC) Faces Potential Volatility Amid Investor Apathy, Glassnode Reports
Bitcoin (BTC) market shows signs of potential volatility amid investor apathy, with significant unrealized gains and losses, according to Glassnode.
Prospects of a Solana (SOL) ETF: What Lies Ahead?
VanEck and 21Shares' Solana ETF proposal sparks optimism and regulatory scrutiny, highlighting the potential for institutional investment in Solana.
OKX Wallet Integrates Solana Blinks for Enhanced DApp Interaction
OKX Wallet has integrated Solana Blinks, enabling users to interact with DApps on Solana directly via Twitter.
Money Laundering in Cryptocurrency: Trends and Detection Techniques
Chainalysis highlights emerging trends and innovative techniques for detecting and investigating money laundering in the cryptocurrency ecosystem.
Bitcoin (BTC) Faces Mixed Market Signals Amidst News-Driven Sentiment
Recent market analysis indicates Bitcoin's price rebound, despite ongoing news-driven sentiment and economic influences, according to Bitfinex Alpha.
Binance to List Banana Gun (BANANA) Following HODLer Airdrops
Binance announces the listing of Banana Gun (BANANA) following its HODLer Airdrops. Users subscribed to Simple Earn will receive the airdrop distribution.
Binance (BNB) Unveils CPT Framework to Analyze Crypto Market Dynamics
Binance Research introduces the CPT Framework to analyze crypto market dynamics, focusing on capital, people, and technology as key structural drivers.
Worldcoin’s World ID Expands to Solana via Wormhole Grant
Wormhole secures a grant to integrate Worldcoin's World ID with Solana, enhancing cross-chain identity verification.
Solana ETF, MiCA Framework, and Ethereum's Reth Client Highlight Weekly Top Stories
Key highlights include VanEck's Solana ETF filing, MiCA framework in the EU, and the release of Ethereum's production-ready Reth execution client.
NVIDIA NIM Revolutionizes Financial Data Analysis with AI
NVIDIA's NIM technology transforms financial analysis by integrating AI microservices, enhancing data synthesis, and improving investment decision-making.
Bitcoin (BTC) Faces Supply Overhang Challenges in June 2024
Bitcoin (BTC) faces supply overhang issues in June 2024, impacting its market performance, according to Grayscale.
Bitfinex to List MEW Token, Expanding Meme Coin Offerings
Bitfinex announces the listing of MEW, a meme coin on the Solana blockchain, enhancing its digital asset portfolio.
Segantii Capital Management Faces Insider Dealing Charges in First District Court Hearing
Segantii Capital Management and its chief investment officer face insider dealing charges in the First District Court, according to apps.sfc.hk.
MEW Token Challenges Dog-Themed Memecoins on Solana Blockchain
MEW, a cat-themed cryptocurrency on the Solana blockchain, aims to rival dog-themed coins like Dogecoin and Shiba Inu through strategic burning and community engagement.
Solana (SOL) ETF: Opportunities and Challenges in the Financial Market
VanEck and 21Shares propose a Solana (SOL) ETF, sparking debates on its potential impact and challenges in the crypto market.
Bitcoin (BTC) Faces Deep Correction, Short-Term Holders in Loss
Bitcoin experiences a significant correction, trading below the 200DMA, impacting Short-Term Holders with unrealized losses, according to Glassnode Insights.
Hong Kong's Resilience as a Top Asset and Wealth Management Hub: SFC Survey 2023
The SFC survey highlights Hong Kong's enduring position as a leading international asset and wealth management hub in 2023.
Bitcoin (BTC) Faces Major Sell-Off Amid German Government and Mt. Gox Distributions
Bitcoin market faces significant sell-off pressures from the German Government and Mt. Gox distributions, impacting price and investor sentiment.
Stellar (XLM) vs. Solana: A Comparative Analysis of State Archival Scalability
Explore the scalability of State Archival on Stellar (XLM) and Solana's Avocado. Detailed analysis of network efficiency and congestion issues.
Binance Introduces Banana Gun (BANANA) on Multiple Platforms
Binance adds Banana Gun (BANANA) to Simple Earn, Buy Crypto, Convert, Margin, and Auto-Invest, expanding its offerings.
Athena Intelligence Leverages LangSmith for Efficient Enterprise Report Generation
Athena Intelligence uses LangSmith's debugging and tracing features to streamline enterprise report generation, saving engineering hours and enhancing efficiency.
Athena Intelligence Leverages LangSmith for Streamlined Enterprise Reports
Discover how Athena Intelligence uses LangSmith's features to enhance enterprise analytics and generate high-quality reports efficiently.
Study Reveals Similar Drivers for Crypto and Traditional Asset Prices
New research highlights how traditional financial factors like U.S. monetary policy impact crypto prices, showing similarities between digital and traditional assets.
Circle Introduces Key Updates for Web3 Services in July 2024
Circle's July 2024 updates include Social Logins, Email OTP for Programmable Wallets, and an 'enum' update for Solana API endpoints.
Bitcoin (BTC) and Ethereum (ETH) Lead Digital Asset Outflows Amid Broad Market Sell-Off
Digital asset investment products experienced significant outflows totaling $528M, led by Bitcoin (BTC) and Ethereum (ETH), amid recession fears and geopolitical concerns, according to CoinShares.
Grayscale Reports Market Volatility Amid Late Summer Storms
Grayscale's latest market commentary highlights the impact of late summer storms on market volatility, as reported on August 8, 2024.
Bitcoin (BTC) Sees Largest Pullback of Cycle Before Significant Recovery
Bitcoin experienced its largest pullback of the current cycle, dropping 33.32% before recovering by nearly 28%, according to Bitfinex Alpha.
Bitcoin (BTC) Surges After Plunge, Facing Uncertain Recovery
Bitcoin (BTC) sees a sharp 28% rise after hitting $49,000, amidst market volatility and economic concerns, according to Bitfinex Alpha.
Ethereum Integrates Solana Virtual Machine (SVM) as Layer 2 Solution
Eclipse Labs introduces Ethereum's first Solana Virtual Machine (SVM) Layer 2 to enhance transaction speeds and scalability, according to Chainalysis.
Binance Futures to Launch USDⓈ-M BANANA Perpetual Contract with 50x Leverage
Binance Futures announces the launch of the USDⓈ-M BANANA Perpetual Contract, offering up to 50x leverage, starting on August 15, 2024.
Canaan Inc. to Participate in Rosenblatt's Technology Summit on AI and Bitcoin Mining
Canaan Inc. announces participation in Rosenblatt's 4th Annual Technology Summit, focusing on AI and Bitcoin mining ASICs.
Solana (SOL) Faces Record Outflows Amid Modest Digital Asset Inflows
Digital asset investment products saw $30m in inflows last week, while Solana (SOL) experienced record outflows, according to CoinShares.
Bitcoin Dominance Soars to 56%, Long-Term Holders Remain Resolute
Bitcoin’s market dominance reaches 56% as long-term holders continue to accumulate, despite recent market volatility. Short-term holders face significant losses.
Snowflake Leverages Large Language Models to Unlock Data Value
Learn how Snowflake's AI Data Cloud platform uses large language models to transform data into actionable insights and applications.
Canaan Inc. (CAN) to Release Q2 2024 Financial Results on August 15
Canaan Inc. (NASDAQ: CAN) will report its Q2 2024 financial results on August 15, 2024, before the U.S. market opens, according to PRNewswire.
Starknet Integration Goes Live on Dune Analytics
Starknet, a Layer 2 scaling solution for Ethereum, is now integrated with Dune Analytics, enhancing data accessibility.
Circle Introduces Gasless Transactions on Solana via Fee Payers
Circle's new Gas Station feature on Solana eliminates gas fees for users by sponsoring them through fee payer wallets.
How Chainalysis Enhances Crypto Investigations with Advanced Tools
Chainalysis supports crypto investigations by discovering leads, building cases, and seizing illicit assets, utilizing advanced blockchain analysis tools.
BitMEX to List BANANAUSDT Perpetual Swap with 10x Leverage
BitMEX announces the listing of BANANAUSDT perpetual swap, offering traders up to 10x leverage starting August 16, 2024.
Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results
Canaan Inc. (NASDAQ: CAN) reports robust Q2 2024 financial results with significant revenue growth and improved profitability.
BitMEX Lists BANANAUSDT Perpetual Swap with Up to 10x Leverage
BitMEX has launched the BANANAUSDT perpetual swap, allowing traders to leverage up to 10x. Trading began on August 16, 2024.
Examining the Costs of AI Video Generation Platforms: A Comprehensive Breakdown
Analyze the costs of AI video generation platforms like Leonardo.AI, DeepAI, and InVideo. Learn about plans, features, and pricing to make an informed choice.
Arkham Partners with CoinGecko and GeckoTerminal for Enhanced Trading Analytics
Arkham collaborates with CoinGecko and GeckoTerminal to merge market data and on-chain analytics, enhancing trading insights for millions of users.
Canaan Inc. to Join Macquarie's 15th Annual ASEAN Conference
Canaan Inc. (NASDAQ: CAN) will participate in Macquarie's 15th Annual ASEAN Conference on August 27-28, 2024, hosting one-on-one meetings with institutional investors.
GeForce NOW Expands Library with 'Visions of Mana' and More
GeForce NOW adds 'Visions of Mana', 'Star Wars Outlaws', and 'Call of Duty: Black Ops 6' Open Beta to its cloud gaming library.
Arkham Intelligence Introduces 'First Funders' Feature for Enhanced Wallet Analysis
Arkham Intelligence's new 'First Funders' feature reveals the original funding source for EVM Non-Contract Accounts, aiding in wallet analysis and tracking.
VanEck's August 2024 Crypto Recap: Market Volatility and Regulatory Challenges
VanEck's August 2024 Crypto Recap highlights significant declines in Bitcoin, Ethereum, and Solana amid rising market volatility and regulatory challenges.
Canaan Inc. to Join Benchmark's 11th Annual TMT Conference in NYC
Canaan Inc. (NASDAQ: CAN) will participate in Benchmark's 11th Annual TMT One-on-One Conference in New York City on September 4, 2024.
Canaan Inc. to Join 4th Annual Needham Virtual Crypto Conference
Canaan Inc. (NASDAQ: CAN) will participate in the 4th Annual Needham Virtual Crypto Conference on September 5, 2024, featuring a presentation and investor meetings.
Circle Introduces NFT Support on Solana and New Sample App for Programmable Wallets
Circle updates Programmable Wallets with Solana NFT support and a new sample app for user-controlled wallets, enhancing developer capabilities.
NVIDIA and ArangoDB Enhance NetworkX with Accelerated Graph Analytics
NVIDIA and ArangoDB introduce a solution to boost NetworkX performance for medium-to-large graphs using RAPIDS cuGraph and ArangoDB.
Canaan Inc. to Join H.C. Wainwright Global Investment Conference 2024
Canaan Inc. (NASDAQ: CAN) announces participation in H.C. Wainwright's 26th Annual Global Investment Conference on September 9-11, 2024.
BTC Correlates with Equities as Altcoins Show Resilience, Reports Bitfinex
Bitfinex Alpha reveals Bitcoin's correlation with equities while altcoins display stronger performance amid market downturns.
TipLink Revolutionizes Payments with Easy-to-Use Links
TipLink introduces a groundbreaking way to send money using simple interactive links, enhancing accessibility and affordability in payments.
Glassnode Enhances ERC-20 Token Analysis: Over 500 New Tokens Supported
Glassnode expands its ERC-20 token support, adding over 500 new tokens and introducing granular metrics for enhanced on-chain analysis of the Ethereum ecosystem.
Etherfuse Launches Mexican Stablebond on Solana (SOL) Blockchain
Etherfuse introduces a Mexican Stablebond on the Solana (SOL) blockchain, aiming to revolutionize financial inclusion and democratize financial systems.
Bitcoin (BTC) Market Faces Stagnation Amid Low Capital Flows
The Bitcoin market is experiencing stagnation with minimal capital inflows and outflows, suggesting potential for future volatility, according to Glassnode Insights.
Bitcoin (BTC) Reclaims Key Levels Amid Federal Reserve Rate Cut
Bitcoin has reclaimed the Short-Term Holder cost basis of ~$61.9k following a 0.5% interest rate cut by the Federal Reserve.
Can Solana (SOL) Surpass Ethereum (ETH) in Market Capitalization?
Solana's rapid growth and technological advancements position it as a competitor to Ethereum. Could it eventually surpass Ethereum in market cap?
Wormholescan Introduces Real-Time Data Analytics for Enhanced Ecosystem Insights
Wormholescan's latest upgrade brings real-time data analytics, a Governor dashboard, and developer tools to the Wormhole ecosystem, enhancing user experience and security.
Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing
Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations.
Character.AI Appoints Erin Teague as Chief Product Officer
Character.AI announces Erin Teague as the new Chief Product Officer, enhancing their personalized AI entertainment offerings.
Bitcoin (BTC) Reaches New High: On-Chain Metrics Indicate Market Shift
Bitcoin (BTC) hits a new technical higher high at $66k, with on-chain metrics suggesting a market shift, according to Glassnode Insights.
Bitcoin (BTC) Faces Volatility: Healthy Pullback Amid Uncertain Market Outlook
Bitcoin experiences a 10% pullback due to aggressive spot selling and geopolitical tensions, with market uncertainty persisting despite a recent rebound.
Bitfinex to List KMNO Token, Expanding DeFi Offerings
Bitfinex announces the listing of KMNO, Kamino Finance's native token, enhancing its DeFi offerings with innovative liquidity management solutions on Solana.
ElevenLabs Enhances Usage Analytics with New Features
ElevenLabs introduces new features to its Usage Analytics dashboard, offering CSV exports, billing period alignment, and improved navigation for better monitoring and analysis.
BitMEX Lists MOODENGUSDT Perpetual Swaps with 50x Leverage
BitMEX has launched MOODENGUSDT perpetual swaps, allowing traders to leverage up to 50x on the Solana memecoin MOODENG, enhancing trading opportunities.
Bitcoin (BTC) Price Decline Raises Uncertainty Amid Market Volatility
Bitcoin's price dropped by 10% due to market sell-offs and geopolitical tensions, creating uncertainty about its future direction, according to Bitfinex Alpha.
Binance Enhances Cooling Period for Futures Copy Trading Portfolios
Binance has implemented an upgraded cooling period for lead trader portfolios in its Futures Copy Trading feature, aimed at enhancing risk control measures.
Bitcoin (BTC) Nears $70,000 Amid Rising Open Interest and Neutral Funding Rates
Bitcoin's recent surge towards $70,000 is supported by increased open interest and neutral funding rates, indicating strong market participation and potential regulatory shifts.
Claude.ai Unveils New Analysis Tool Enhancing Data Processing Capabilities
Claude.ai introduces an advanced analysis tool enabling JavaScript code execution for data processing, offering real-time insights and enhanced data analysis capabilities for various teams.
Bitcoin (BTC) Approaches $70,000 Amid High Open Interest and Stable Funding Rates
Bitcoin nears the $70,000 mark as open interest in futures hits a record high, with stable funding rates indicating a healthy market environment, according to Bitfinex Alpha.
Solana's Evolution: High-Speed Blockchain Faces New Challenges in 2024
Solana, known for its speed and efficiency, has rebounded from initial setbacks to secure a niche in payments and consumer markets. The blockchain continues to evolve amidst growing competition.
Solana's Stake Weighted Quality of Service Explored by a16z Crypto
a16z crypto's Max Resnick discusses Solana's use of stake weighted quality of service to manage network congestion and proposes an auction-based approach to mitigate its downsides.
Arkham Expands Support to Solana (SOL) Blockchain
Arkham Intelligence now offers comprehensive on-chain data services for Solana (SOL), enhancing capabilities for users to track and analyze blockchain activity.
Impact of CPI Announcements on Bitcoin (BTC) Prices Analyzed
Explore how CPI announcements affect Bitcoin prices and the broader influence of central banking policies. Understand Bitcoin's role as an inflation hedge amid fluctuating CPI figures.
Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment
Canaan Inc. has announced a significant deal with CleanSpark, supplying 3800 Avalon A1566I miners to bolster CleanSpark's immersion mining operations, enhancing efficiency.
NVIDIA Introduces AI Blueprint for Enhanced Video Search and Summarization
NVIDIA's new AI Blueprint leverages generative AI to transform video search and summarization, enhancing capabilities in industries like retail and transportation.
Bitcoin (BTC) Surpasses $75K Amid US Election Influence
Bitcoin reaches a new all-time high of $75.4K, driven by US election dynamics. Market volatility surges as investors hedge positions in anticipation of further price movements.
Canaan Enhances Avalon Miner A15 Series for Optimal Mining Performance
Canaan Inc. has unveiled an upgraded Avalon Miner A15 series, boasting improved hash rates and power efficiency to meet the growing demands of cryptocurrency mining.
Canadian Tire Enhances Tire Shopping with AI-Powered Assistant CeeTee
Canadian Tire introduces CeeTee, an AI assistant developed with Microsoft, to streamline the tire buying process by providing personalized recommendations and inventory checks.
Bitcoin (BTC) Faces Volatility Amid U.S. Election Uncertainty
Bitcoin's recent rally meets resistance amidst U.S. election uncertainty, while altcoins face challenges. Market dynamics are influenced by economic resilience and evolving crypto regulations.
NVIDIA Unveils AI Blueprint for Video Search and Summarization
NVIDIA introduces a new AI Blueprint enabling industries to develop visual agents for video analysis, enhancing productivity and safety across various sectors.
Innovative SCIPE Tool Enhances LLM Chain Fault Analysis
SCIPE offers developers a powerful tool to analyze and improve performance in LLM chains by identifying problematic nodes and enhancing decision-making accuracy.
Bitcoin (BTC) Surges Beyond $82,000 Amid Renewed Investor Interest
Following Donald Trump's re-election, Bitcoin experiences a 23% price surge, reaching new highs above $82,000. Institutional demand and ETF inflows bolster the market's momentum.
PayPal USD (PYUSD) Expands to Solana via Wormhole Integration
PayPal USD (PYUSD) will now facilitate cross-chain transfers between Ethereum and Solana through Wormhole, enhancing stablecoin transactions and interoperability.
Canaan Inc. (CAN) to Announce Q3 2024 Financial Results on November 20
Canaan Inc. is set to release its third-quarter 2024 financial results on November 20, 2024, followed by a conference call to discuss the outcomes.
Solana (SOL)'s Digital Artists Transform Art Basel Miami Beach
Solana (SOL)'s 'Artists in Residence' returns to Art Basel Miami Beach, showcasing digital artistry. Supported by The Render Network, the event highlights the convergence of technology and nature.
Dun & Bradstreet Utilizes LangChain for Advanced AI Insights
Dun & Bradstreet employs LangChain and LangSmith to enhance its AI assistant, ChatD&B, offering trusted, data-driven insights for global clients in various business domains.
Exploring the Benefits of Tokenised Funds in Modern Asset Management
Tokenised funds offer enhanced liquidity, efficiency, and accessibility in asset management through blockchain technology, enabling 24/7 trading and fractional ownership.
Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion
Canaan Inc. has finalized a securities purchase agreement to bolster its digital mining operations and equipment production in North America, securing investment from a key institutional partner.
Canaan Inc. Expands Bitcoin Mining Operations in North America
Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.
Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners
Canaan Inc. has secured a follow-on order from HIVE for 5,000 Avalon A15-194T miners, enhancing their collaboration in Bitcoin mining operations.
Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024
Canaan Inc. (NASDAQ: CAN) reports a significant 120.9% year-over-year revenue increase for Q3 2024. The company sold 7.3 million Thash/s computing power, despite a challenging market.
Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development
Bitwise Bitcoin ETF (BITB) is a low-cost, regulated ETF for U.S. investors, offering a traditional route to investing in bitcoin. With a 0% management fee for the first six months, BITB could pave the way for more cryptocurrency-based investment products.
Jasmy Lab Partners with Kana Labs to Promote JasmyCoin and IoT
Jasmy Lab has partnered with Kana Labs to expand its Jasmy ecosystem and promote global growth. Kana Labs will provide the Account Abstraction SDK for JasmyCoin's cross-chain accessibility. The partnership includes joint marketing efforts in Korea, India, and Western markets.
Solana Launches Real-Time Carbon Emissions Tracking Dashboard
The Solana Foundation has launched a real-time tracking dashboard to measure carbon emissions on its blockchain, making it the first "major smart-contract blockchain" to do so. The dashboard, available on the Solana Climate website, aims to set a new standard for measuring emissions in the blockchain industry and encourages transparency. The data used to power the dashboard is open-source and modeled on the estimated carbon footprint of the Dell PowerEdge R940. The move comes as global efforts are being made to utilize blockchain technology to monitor carbon emissions.
Coinbase and Trustly Collaborate to Streamline Crypto Transactions for Canadians
Coinbase partners with Trustly for Open Banking in Canada, enabling direct bank-to-crypto wallet transactions. This follows Coinbase's recent Canadian market expansion and US crypto derivatives approval.
Blockchain Identity Management Market to Hit $17.81B by 2030
The urge for digitization is expected to push the blockchain identity management market to $17.81 billion by 2030, according to a report by Market Research Future (MRFR).
Blockchain Technology Powers Brazil's National Identity Card Issuance
Brazil has commenced the use of blockchain technology for issuing the National Identity Card (CIN) to enhance security and data integrity in the new identity issuance process. The initial phase begins in three states with a nationwide deadline set for November 6, 2023. This move is part of Brazil's broader initiative towards leveraging blockchain for public service improvement, aligning with global trends of digital identity verification.
Lido Finance Halts Operations on Solana Following Community Consensus
Lido Finance is discontinuing its operations on Solana blockchain following a community consensus within its DAO. The decision, revealed on October 16, 2023, comes after a proposal highlighting the unsustainable financials of Lido on Solana. Despite this cessation, Lido expresses continued optimism for Solana's ecosystem.
Ethereum Median Fees Slip to 6-Month Low, Will this Reignite Rebound?
Ethereum's median fees dropped to lows not seen since July 2021, raising the question of whether a rebound is on the horizon.
Canadian Bitcoin ETFs Face Outflows as Investors Pivot to US Funds
nvestors are shifting from Canadian Bitcoin ETFs to US-based counterparts, with the Purpose Bitcoin ETF witnessing a significant reduction in holdings.
Mirana Ventures Invests $8 Million in Toncoin (TON)
Mirana Ventures has launched a long-term partnership with TON Foundation, investing $8 million in Toncoin to drive mass adoption of token-governed technologies and collaborate with other blockchains.
Bitcoin ETF Approval Expected to Propel Market Influx
The fervor surrounding a US-regulated spot Bitcoin ETF is palpable, with its approval expected to significantly bolster Bitcoin's market adoption. Addressing the current inefficiencies in Bitcoin investment, a spot ETF promises cost efficiency, enhanced liquidity, ease of access, and regulatory compliance. The formal recognition by regulators and established financial brands could further fuel Bitcoin's market acceptance. The estimations indicate a substantial market influx post ETF approval, not just within the US but potentially extending to global markets, laying the groundwork for a robust 2024 for Bitcoin, as per the analysis by Charles Yu of Galaxy.
Arthur Hayes suggests Dogwifhat (WIF) may hit $10
Arthur Hayes suggests Dogwifhat (WIF) may hit $10, leveraging the crypto trial verdict which negated Wright's claim as Bitcoin's creator.
HashKey Launches Wealth Management Platform for Institutional Investors
HashKey Group has launched a wealth management platform for professional and institutional investors in response to growing demand for virtual assets. The Hong Kong-based digital asset firm is expanding its over-the-counter trading service and increasing its liquidity coverage to 24/7.
Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.
Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio
Ethereum co-founder Vitalik Buterin advises on prudent financial strategies, emphasizing diversification, savings for financial safety, a conservative portfolio, and caution against over-leveraging, blending traditional and modern investment insights.
Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards
Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.
Dogecoin Becomes The 8th Largest Cryptocurrency, Overtaking Cardano
Dogecoin overtook Cardano to become the world’s 8th most valuable crypto asset by market cap at $17.9 billion
Solana Announces Hyperdrive Hackathon
Solana, a blockchain platform, has launched Hyperdrive, an engineering and business competition allowing teams to transform ideas into operational projects within five weeks. The event, facilitated by Solana Hacker Houses in Bengaluru and Mumbai, has attracted over $600 million in venture funding.
Ethereum Whales Buy Dip, Increasing Holdings by 180,000 ETH
Ethereum whales took advantage of the recent dip by increasing their holdings by 180,000 ETH.
SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.
Coinbase Officially Enters Canadian Market with Interac Integration and One Trial
Coinbase enters Canada, integrating Interac for seamless transfers and introducing a 30-day trial of Coinbase One with zero trading fees for Canadians.
Coinbase Amplifies Anti-Terrorism Financing Measures Through Blockchain Analytics
Coinbase, on October 17, 2023, outlined its robust measures to curb terrorism financing and other illicit activities through a rigorous compliance framework and blockchain analytics. The discourse emphasizes the importance of regulatory clarity in the U.S to minimize offshore risks associated with digital assets. With a dedicated team and technological tools, Coinbase demonstrates a proactive approach in maintaining the integrity of the crypto ecosystem.
SEC Charges Titan Global Capital Management for Misleading Advertisements and Compliance Failures
On Aug 21, 2023, the SEC charged Titan Global Capital Management for misleading ads and compliance failures. Titan advertised a 2,700% annualized return, omitting key details. They'll pay $1.04M in penalties and disgorgement.
Solana Restores Network Outage After Successful Cluster Restart, But SOL Price Still Struggling
The major blackout, which ran for several hours, is not the first time a bug caused Solana’s network to temporarily fail.
Craig S Wright Challenges Cypherpunk Interpretation of Bitcoin
Dr. Craig S Wright criticizes the cypherpunk movement for misinterpreting Bitcoin's goals, emphasizing on Twitter and his blog the importance of legal frameworks in cyberspace. He highlights the growing global regulations due to cybercrime, and explores blockchain technology's potential and the necessity of legal adherence for its evolution across various sectors.
Digital Asset Investments Surge to $117 Million
Last week, digital asset investment products experienced record inflows and volumes.
Breaking: Visa Expands Stablecoin Settlement On Solana
Visa has expanded its stablecoin settlement capabilities, incorporating the Solana blockchain and initiating pilot programs with merchant acquirers Worldpay and Nuvei. The move aims to modernize cross-border money movement by leveraging stablecoins like Circle's USDC. Visa has conducted live pilots, transferring millions of USDC between partners over Solana and Ethereum blockchain networks to settle fiat-denominated payments authorized via VisaNet. The new settlement options enable Visa to send funds on-chain to acquirers like Worldpay and Nuvei, serving various sectors.
UK Defence Ministry Awards 1.8 Billion Pound AI-Driven Maritime Enhancement Contract to Thales
UK Ministry of Defence signs £1.8 billion contract with Thales for 15-year project to improve Royal Navy ship availability and resilience, leveraging AI and data management.
NVIDIA Acquires GPU Orchestration Software Provider Run:ai for $700 Million
NVIDIA, a leading technology company, has announced its acquisition of Run:ai, an Israeli startup that specializes in GPU orchestration software. The acquisition aims to enhance NVIDIA's capabilities in managing and optimizing AI computing resources across various environments. The terms of the deal, including the acquisition cost, have not been publicly disclosed.
Rehab Centers Add Services for Crypto Trading Addicts
A posh Spanish rehab institution now treats crypto traders.
Magic Eden Embraces Compressed Solana NFTs
Magic Eden has introduced cNFTs, a cost-effective form of NFTs exclusive to the Solana blockchain. These compressed NFTs allow creators to produce content on a larger scale without the high cost of traditional NFTs. Despite criticism, Magic Eden clarified that they didn't create cNFTs, but integrated support for them. Developers need to understand Merkle trees and use specialized tools for minted NFTs.
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security
Hong Kong-based blockchain giant, Animoca Brands, has announced its plans to shift its focus to markets outside the U.S.
Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards
ZachXBT's analysis of cryptocurrency transactions involving the withdrawal of over 11,200 ETH, equivalent to $25 million, raises questions about the source and intent of these funds.
DeFi Platform Texture Secures $5M in Funds to Develop Yield Management Tools
DeFi protocol Texture Finance has tapped $5m in funding from P2P Capital amongst others.
Axiom Secures $20 Million in Series A Funding for Blockchain Data Access Innovation
Axiom, a smart contract infrastructure firm, raises $20M in Series A funding led by Paradigm and Standard Crypto, aiming to transform blockchain data access using zero-knowledge cryptography.
OKX Joins Forces with Solana Mobile
OKX has partnered with Solana Mobile to integrate its Web3 solutions into the dApp store on the Solana Saga smartphone. This partnership aims to enhance mobile access to Web3 and broaden everyday accessibility to decentralized applications and services.
dYdX to Exit Canadian Market Amid Regulatory Restrictions
Cryptocurrency derivatives exchange, dYdX, is withdrawing its services from Canada due to increased regulatory restrictions. The exchange will halt new user onboarding on April 7 and move existing users to "close-only mode" on April 14.
LocalBitcoins Seller Charged by US Homeland Security for Money Laundering
Kenneth Rhule, a localBitcoins seller is charged by the US Homeland Security for conducting an unlicensed money transmitting business. Rhule can face up to forty years in prison on account of fraudulent activity alongside illegal marijuana production and distribution.
The Bank Of Canada Stresses Stablecoin Regulation When Legislation Is Presented
Between 2020 and mid-2022, the fiat-referenced crypto asset market grew 30-fold to $161 billion in U.S. dollars. In February, the Canadian House of Commons proposed Bill C-249, Encouraging the Cryptoasset Sector Act. Canada's crypto community supported the law, but it was politically controversial and buried after its second reading.
Wealth Management's Future: Embracing Innovation for the Next Investment Era
New research outlines the necessity for wealth management firms to adapt to technological advancements and altering investor profiles for future success.
Crema Finance Hacker Returns Stolen Crypto Following Negotiation
Crema Finance has received 6,064 ETH ($7 million) and 23,967 SOL ($870,000) from a hacker who had stolen 69,422.9 SOL and 6,497,738 USDC stablecoin (roughly $9 million) following a negotiation.
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
Bitcoin Briefly Slips Below $20K amid Fed Chair’s Revelation that Rate Tightening will Continue
Bitcoin (BTC) nosedived below the psychological price of $20,000 as recession, and rate tightening fears engulfed the market.
Non-Zero Bitcoin Addresses Hit ATH as Illiquid Supply Sees Major Growth
More participants continue to join the Bitcoin (BTC) network despite continued consolidation.
Bitcoin Slips to 4-Month Low as Kazakhstan Internet Shutdown Hampers Mining
Bitcoin dropped below $42K for the first time since September 2021 as the market remains in the red.
On-chain data is signaling a "generational buying opportunity"
Technical analyst "Game of Trades" discovered six on-chain measurements for his 71,000 Twitter followers. Bitcoin's Realized Price (RP) is an estimate of what the market paid for all coins at their previous price.
Crypto Exchange Bitstamp to Suspend Trading AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL
Bitstamp will halt U.S. trading of AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL from August 29, 2023, amid regulatory considerations and expansion plans.
Jacobi Asset Management Introduces Europe's First Premier Bitcoin ETF with a Green Initiative
Jacobi Asset Management launches Europe's first Bitcoin ETF on Euronext Amsterdam, blending crypto investment with a green initiative. The ETF, compliant with SFDR Article 8, offers a unique Renewable Energy Certificate solution.
Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer
Celsius Network Ltd., a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets.
GameStop Phases Out NFT Platform in Response to Regulatory Challenges
GameStop has announced the closure of its NFT marketplace, citing regulatory uncertainty. Effective from February 2, 2024, the platform will cease operations but assures that NFTs remain accessible on the blockchain.
Animoca Brands' Benji Bananas to Introduce New Token BENJI, Replacing Hacked PRIMATE
Animoca Brands' Benji Bananas is launching a new token, BENJI, to replace PRIMATE after a security breach. The swap will be available soon on their website
Low-Risk Appetite Continues to Play Out in Bitcoin Market Based on Diminishing Institutional Activity
Institutional activity remains sluggish as Bitcoin hovers around the lower $20K level, depicting a low-risk appetite.
Solana Network Experiences Slowdown in Block Production Following Upgrade
After validator software update, Solana network block generation slowed on Feb. 25.
Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana
Tetra Trust partners with Kiln to expand staking services on major PoS blockchains, including Ethereum and Solana, enhancing digital asset management in Canada.
Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties
Mangofarm, Solana blockchain, cryptocurrency scam, Banana Miner Ponzi scheme, digital currency security, blockchain fraud, crypto investment caution, Richard Matthew John O’Neill, decentralized finance, investor vigilance
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance faces a class-action lawsuit in Canada for allegedly violating securities laws by selling crypto derivative products to retail investors without proper registration, highlighting the significant presence of retail investors.
Solana (SOL) Mobile's "Chapter 2" Phone: A New Era in Web3 Mobile Technology
Solana Mobile's new web3 phone "Chapter 2" achieves unprecedented demand, selling out its first-year sales target within a single day. Priced at $450 and set for 2025 release, this device aims to make web3 tech more accessible.
Covalent Rolls Out Educational Program to Bridge Skills Gap in Web3
Covalent, a Web3 data provider that is backed by Binance Labs and Coinbase Ventures, launched an educational program aimed at bridging the data analytics skills gap for workers in Web3.
OKX to Halt Services in Canada Due to New Regulations
Cryptocurrency exchange OKX has notified its Canadian users that it will no longer provide services or allow new account openings in Canada, starting on March 24, 2023, due to new regulations. Existing Canadian customers must close open positions in options, margins, perpetual, and futures by June 22, 2023, and fiat or tokens must be withdrawn by the same date.
Jump Crypto to Build New Validator Client for Solana
Following the growing security breaches on the Solana Blockchain network, Jump Crypto, a start-up known for many things in the digital currency ecosystem, from system redesign to investment, is set to help the protocol build a new validator client.
Bitcoin's Market Confidence Slips as Retail Sentiment Breaks 30-Day Low
Bitcoin’s retail sentiment breaking a 30-Day low indicates a drop in market confidence.
Canada's Emergencies Act to Target Crypto Transactions, amid Anti-Vaccination Protest
The Emergencies Act gives local authorities more tools to control protestors by freezing bank accounts and keeping an eye on “large and suspicious transactions,” including crypto.
Recharge Capital Appoints Former Bridgewater Associates Singapore Executive, Margaret Wang, as Managing Partner
Recharge Capital has appointed Margaret Wang as its new Managing Partner, focusing on the Women's Health Strategy and operations in the APAC region. Wang has experience in senior leadership roles at global financial institutions and has previously led the Singapore office of Bridgewater Associates Singapore. She will also lead Rhea Holdings Co., a $200M women's healthcare-focused investment vehicle.
NIST's Call for Public Input on AI Safety in Response to Biden's Executive Order
NIST is seeking public input to create AI safety guidelines following President Biden's Executive Order, aiming to ensure a secure AI environment, mitigate risks, and foster innovation.
Maple Finance Opens Cash Management Solution to U.S. Investors, Backed by U.S. Treasury Bills
Maple Finance opens Cash Management to U.S. Accredited Investors, offering yield backed by U.S. Treasury bills.
WEMIX and Mirana Ventures Fuel Chinese Blockchain Gaming with $30M Fund
WEMIX PTE. LTD. has invested in five Chinese game developers through a $30 million blockchain game-specialized fund, created with Mirana Ventures. This move aims to nurture blockchain gaming enterprises and expand the WEMIX3.0 ecosystem. The fund, part of a joint initiative with Mirana Ventures, an investment division of Bybit, has already utilized $6.4 million. The investees, working on diverse game genres, will feature their games on WEMIX PLAY, a blockchain game platform under WEMIX3.0.
Bitcoin Dominates Digital Asset Fund Flows with $140M Inflows in a Week
In the past four weeks, digital asset investment products have seen a significant surge in inflows, totaling $742 million, according to the latest weekly report from CoinShares. This marks the largest run of inflows since the final quarter of 2021.
Solana and ROK Capital launched a $20 Million Fund to Promote the Ecosystem Expansion in South Korea
The Solana Foundation has cooperated with ROK Capital to jointly launch a $20 million fund, aiming to further expand Solana's blockchain ecosystem in South Korea.
Bitcoin Scarcity Scales the High as Illiquid Supply Hits 85% in the Last Three Months
92% of Bitcoin supply hasn't moved in at least 30 days and 85% of this has been immobile for at least 3 months.
OpenSea Set to Launch 2.0 Version to Enhance NFT Experience
OpenSea is launching OpenSea 2.0, a revolutionary NFT marketplace upgrade, focusing on enhanced user experiences, improved trading access, advanced security measures, and simplified user onboarding.
Everlend Finance, a Solana-based decentralized finance
Solana protocol decentralises finance Closing Everlend Finance.
Solana Foundation Offers $400k Bounty for Critical Code Discovery
Jacob Creech announces a $400k bounty for discovering code that can halt Solana network, part of Solana Foundation's endeavor to ensure robust network security.
Binance Web3 Wallet Enhances Crypto Accessibility with Solana (SOL) Integration
Binance's Web3 Wallet now supports Solana, allowing users to manage tokens and access dApps directly, boosting the interoperability and utility of its platform.
Oobit Secures $25M in Series A Led byTether and CMCC Globa
Oobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.
NYDFS Introduces Stricter Crypto Listing and Delisting Rules
NYDFS has implemented stricter regulations for cryptocurrency businesses, enhancing investor protection through detailed risk assessments and governance, highlighting New York's proactive regulatory approach.
Aptos Introduces Move Analyzer Plugin for Visual Studio Code
Aptos Network has released the "Aptos Move Analyzer" plugin for Visual Studio Code, enhancing the development experience for users of the Move programming language. The plugin offers features like "Go to Definition," "Go to Type Definition," "Hover," "Autocomplete," and error-free coding. It is compatible with Visual Studio Code version 1.55.2 or greater and includes inlay hints, semantic analysis, and parallel development support.
Galaxy Asset Management's AUM Exceeds $10 Billion Milestone
Galaxy Asset Management reaches a new pinnacle with over $10 billion in assets under management, reflecting robust institutional interest in digital assets.
Unchained Partners with Build Asset Management for Bitcoin-Backed Credit Fund
Unchained, a bitcoin financial service provider, has partnered with Build Asset Management to invest in Unchained loans. The partnership aims to unlock the value of bitcoin for borrowers. Unchained's lending division has a 170% surge in Q1-2023, despite the 2022 crypto market contagion and bitcoin's 65% value drop.
Helium Network to Migrate to Solana Blockchain
Helium will migrate to Solana and install Oracles on March 27.
Elliptic Debunks Claims of Substantial Crypto Funding to Hamas
Elliptic, a blockchain analytics firm, refuted claims of significant cryptocurrency funding to Hamas, following a wave of reports and a letter from US lawmakers to the White House. The firm highlighted the lack of substantial evidence supporting the alleged $130 million crypto funding between August 2021 and June 2023. Despite historical endeavors by Hamas to solicit crypto donations, recent analysis reveals that the amounts garnered remain minuscule compared to the figures cited in misinformed reports.
BlackRock's Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation
BlackRock Inc plans to lay off 600 employees, following a similar pattern from 2023. Meanwhile, it eagerly awaits the SEC's decision on its Bitcoin ETF application, a potential game-changer in the crypto market.
CBI and Liminal Collaborate for Digital Asset Security in India Amid Crypto Scams
The Central Bureau of Investigation of India is partnering with Singapore-based Liminal to secure digital assets seized during investigations amid rising cryptocurrency frauds in India.
Bitcoin's Winning Streak Finally Comes to an End
Bitcoin lost its two-week streak. Jan. 18 saw BTC's first red candle. The U.S. Department of Justice statement earlier in the week seems to have caused the price drop.
FTX Japan Launches Blockchain-based Proof of Solvency to Enhance Transparency and Security
FTX Japan has introduced a blockchain-based Proof of Solvency (PoS) to ensure the transparency and security of its customer's assets. The PoS, announced on September 28, 2023, by COO Seth Melamed, enables the objective verification of asset management, allowing customers easy access to verify their balances. The details of PoS will be published weekly on the Ethereum blockchain, marking a significant step towards enhancing trust and transparency in the cryptocurrency ecosystem.
Laser Digital Secures In-Principal Approval from Abu Dhabi Global Market
Laser Digital, Nomura's digital asset subsidiary, has received In-Principal Approval from Abu Dhabi Global Market's Financial Services Regulatory Authority. The approval allows the company to offer broker-dealer and asset management services in the UAE, subject to fulfilling specific conditions.
Shiba Inu On Track to Follow Dogecoin Rally Amid Musk's Twitter Buying
Shiba Inu has found success quickly and is currently the second-largest meme coin in the market. But its impressive performance appears related to Doge.
Visa Announces $100 Million Fund for Generative AI in Commerce and Payments
Visa Inc. has announced a $100 million fund to invest in generative AI technologies that are relevant to commerce and payments. The initiative, led by Visa Ventures, aims to foster innovation in the rapidly evolving field of artificial intelligence.
Montana Passes Crypto Miner Rights Bill
Montana’s House of Representatives passed Bill number 178, which seeks to enshrine the rights of crypto miners and prohibit local authorities from obstructing crypto mining operations. The bill now awaits Governor Greg Gianforte’s signature to become law. The legislation establishes a “digital asset mining right,” forbids discriminatory electricity rates charged to crypto miners, and removes the authority of local governments to use zoning laws to impede crypto mining activities.
Trezor Hires Jan Andrascik as Chief Information Security Officer
In the new role, Jan Andraščík is tasked with protecting SatoshiLabs’ data, systems, and physical security.
Canada Tightens Crypto Asset Regulations for Public Investment Funds
The Canadian Securities Administrators propose regulatory changes for public investment funds handling crypto assets, focusing on custodianship standards and limiting direct crypto dealings to specific fund types.
Bitcoin Needs to Hold the $45K to $47K Zone for a Bullish Momentum
Analysts suggest that bitcoin should hold the $45,000 to $47,000 area for an upward momentum to reignite.
Retail Investment in Bitcoin Dries Up as Price Hovers Below $50K on NY's Eve
Retail interest in the Bitcoin (BTC) market has been down-trending as Google search volume hit yearly lows.
Mining Valuations in Focus: Bitdeer and Sphere 3D Lead November's Stock Insights
The November valuation analysis of Bitcoin mining stocks reveals significant disparities, with Bitdeer undervalued and Marathon overvalued, while Sphere 3D offers a bargain despite limited growth prospects.
Bitcoin Holds Steady at $20,000 Level as The Fed Hikes Rates as Expected
The Federal Reserve enacted the 4th consecutive 75 basis point rate hike on Wednesday. Bitcoin reacted.
Lido's Faulty Contract Locks $24 Million in Solana stSOL Tokens
A smart contract error has locked $24 million worth of tokenized staked Solana (stSOL) on Lido, following its service discontinuation in October 2023.
Deloitte seeks crypto experts
Deloitte is actively seeking individuals with cryptocurrency expertise, with over 300 job openings in the United States, including positions such as Blockchain & Digital Assets Manager and Tax Manager, Blockchain & Cryptocurrency. The firm signals its continued support and interest in Web3 and crypto.
Gemini Enters Wealth Management After Acquiring BITRIA
Gemini announced that it has acquired BITRIA to provide a digital asset ecosystem for wealth management institutional asset managers.
SEBA Bank Secures SFC License, Expanding Crypto Services to Hong Kong
Swiss cryptocurrency bank SEBA Bank has been granted a Hong Kong Securities and Futures Commission license to offer trading, distribution, advisory, and asset management services in the Asia Pacific region.
Ex-CEO of Investment Firm Pleads Guilty to Cryptocurrency Fraud Scheme
Peter Kambolin, the ex-CEO of Systematic Alpha Management, pleaded guilty to a conspiracy to commit commodities fraud involving cryptocurrency futures contracts, as revealed by the DOJ on October 12, 2023. The case, marking a milestone as the first of its kind, unveils a "cherry-picking" scheme where Kambolin misallocated profitable trades to his accounts, misrepresenting trading focuses to investors. With legal proceedings underway, Kambolin faces up to five years in prison, showcasing the authorities' resolve against financial fraud in the crypto sector.
Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.
On BX Swiss market, 21Shares launches crypto staking ETP
Staking-focused crypto-exchange-traded product from 21Shares. The STAKE ETP follows BNB, Cardano, Cosmos, Polkadot (DOT), Solana, and Tezos. 21Shares Staking Basket ETP never lends. AXTZ's year-to-date performance has increased 38% and ASOL's 78%.
Binance Confirms Equity Investment in Musk's Acquisition, Dogecoin Stimulated over Deal
The acquisition of Twitter by Elon Musk has finally been made. Binance confirmed the crypto exchange has invested as an equity investor in Elon Musk's $44 billion deal.
India’s Telangana State Partners with CasperLabs for Seamless Blockchain-Powered Government Processes
To stimulate more secure, efficient, and sustainable government processes, India’s Telangana State has joined hands with CasperLabs to revamp operations using blockchain technology.
Stripe Is Integrated By Solana Market Maker For Fiat-To-Crypto Transfers
The Solana-based automated market maker Orca has opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe. Users can now purchase the blockchain's standard native SPL tokens, including USD Coin and SOL, with fiat currencies. This comes as the entire crypto industry picks itself up after the collapse of the former powerhouse crypto exchange FTX.
Following OSC Prohibition, Crypto.com Delists USDT For Canadians
Effective January 31, Crypto.com will delist Tether (USDT) for Canadian customers. The exchange has warned users that their Tether would be automatically changed into USD Coin if they don't withdraw or convert before the deadline (USDC). Crypto.com reported in August that the Ontario Securities Commission has approved its Canadian pre-registration commitment.
Solana (SOL) Validators Approve "Timely Vote Credits" Proposal to Accelerate Blockchain Transactions
Solana validators have approved a proposal called "Timely Vote Credits" to reduce consensus vote latency and incentivize timely votes, potentially speeding up blockchain transactions, before implementing the mechanism.
Huobi To Be Acquired by Hong Kong-Based VC Firm About Capital
Huobi is being acquired by About Capital, an investment company headquartered in Hong Kong. The deal, announced Friday, should close in the next few days. The firms did not disclose the financial terms.
OpenAI Introduces the "Preparedness Framework" for AI Safety and Policy Integration
OpenAI has introduced the "Preparedness Framework," giving its board veto over CEO decisions and introducing risk scorecards for AI risk management, demonstrating its commitment to responsible AI development.
82% Ethereum Holders Still in Profitability Despite Price Slipping Below $4,000
Ethereum has yielded an annual return more than five times that of Bitcoin.
Xternity migrates Solana multiplayer Web3 game for Polygon
Polygon and Xternity migrated Synergy Land, a multiplayer Web3 game from Solana, to Polygon. Solana-compatible wallets are linked, burned, then recreated on Polygon. Polygon's update reduces gas charge spikes and fixes chain rearrangement.
Sullivan and Cromwell's Sale of Solana (SOL) at a Massive Discount Raises Concerns among FTX Creditors
The recent sale of 2/3 of $2.6 billion worth of Solana tokens by law firm Sullivan and Cromwell at a significant discount has sparked controversy. FTX Creditor Champion, Sunil, expressed concerns about the impact on FTX creditors, while others question the legality of the sale. This article delves into the details of the sale and the reactions it has garnered.
All Nippon Airways Jumps into the NFT Space
According to simpleflying, Japan's largest airline group, All Nippon Airways (ANA) Group, has announced its venture into the Non-Fungible Token (NFT) market, following other airlines including airBaltic, Qantas, and Etihad Airways.
FTX Control Failures
FTX CEO John Ray III revealed that control failures at FTX were due to a lack of appropriate financial and accounting controls, inadequate group management structure, and the use of software not suitable for large companies. The multi-billion dollar company was managed by inexperienced founders who relied on a hodgepodge of online shared documents and communications.
Surge in Generative AI Adoption Across Sectors: Balancing Innovation and Risks
Recent surveys highlight a significant increase in generative AI adoption in public and private sectors, driven by its potential for innovation and productivity. However, concerns over governance, risk management, and economic inequality emphasize the need for responsible and ethical use.
US Bank Regulators Confess Mistakes
US bank regulators have admitted to errors in supervision after high-profile bank failures, with the New York Department of Financial Services publishing its review of Signature Bank and the US Federal Reserve Board releasing its review of Silicon Valley Bank.
RCMP Requests Exchanges to Stop Trading with 34 Crypto Wallets, amid the Freedom Convoy Protest
The Financial Post has confirmed that the Royal Canadian Mounted Police has asked several Canadian cryptocurrency exchanges to block transactions on 34 crypto wallets related to the truckers’ “Freedom Fleet” protest.
Solana Foundation Forms Strategic Alliance with DMCC Crypto Centre in Dubai
The strategic partnership between Solana Foundation and DMCC Crypto Centre marks a significant milestone towards fostering a thriving Web3 ecosystem in Dubai. By offering technical and business development support, alongside educational initiatives, this alliance is poised to drive innovation and business scalability, further elevating Dubai's standing as a global hub for blockchain and Web3 technologies.
Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier
Hut 8 Mining sued Ontario over power supply to a newly built crypto mining plant.
Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion
Grayscale Investments has collaborated with NYSE Arca to file Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), aiming to convert the Grayscale Ethereum Trust into a spot Ethereum ETF. This move is a significant part of Grayscale's ongoing strategy to transition its entire range of 17 crypto investment products into ETFs. The filing follows the SEC's recent approval of the first Ethereum futures ETFs.
CoinGecko Report: 2023 Crypto Industry Rebounds with Resilience and Transformation
2023 saw a resilient crypto industry with a 108.1% increase in market cap to $1.72T and a total trading volume of $36.6T. NFT trading reached $11.8B, while stablecoins like Tether maintained a strong presence. Bitcoin's value rose significantly, contributing to the year's positive momentum.
eToro and Robinhood Modify U.S. Cryptocurrency Offerings Amidst Regulatory Changes
The global cryptocurrency landscape is witnessing significant shifts, with leading trading platforms, eToro and Robinhood, adjusting their U.S. cryptocurrency offerings. Both platforms are responding to the rapidly evolving regulatory environment in the United States, affecting popular cryptocurrencies such as Algorand (ALGO), Decentraland (MANA), Dash (DASH), Polygon (MATIC), Solana (SOL), and Cardano (ADA).
Solana Gum Protocol Shuts Down
Gum protocol on Solana ecosystem is shutting down due to market conditions and revenue issues, raising concerns about the sustainability of protocol-layer projects.
Bitcoin Price Aanlysis: Key Technical indicators to watch
Key Technical indicators to watch and Altcoin Season is coming
Bitcoin SV (BSV) Surpasses $100
Bitcoin SV (BSV) has surpassed $100 due to strong technical indicators and market activity, especially in South Korea, influenced by market sentiment, technical analysis, and trading volume dynamics.
Long-Term Holders Liquidate their Supply as Bitcoin Slips to a 6-Week Low
Long-term holder supply dropped by approximately 76,633 BTC day over day.
Bankless: Solana's Resilience and Prospects Amid Market Challenges
Solana has navigated through a challenging bear market and technical issues to emerge stronger in 2023. With improved network performance, diversification into new sectors like NFTs and AI, and upcoming developments like Neon EVM and Solang, Solana's future appears promising despite past setbacks.
SEC Seeks to Freeze Binance.US Assets in Bid to Protect Customers
The Securities and Exchange Commission (SEC) has lodged an emergency action application against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings, Inc., and their founder, Changpeng Zhao.
Solana CEO Denies Network Outages Caused by On-Chain Voting
Solana CEO Anatoly Yakovenko has refuted claims that Solana's network outages were caused by its on-chain voting system clogging its consensus layer. The CEO responded to a Twitter user's claims that the high volume of validator messages and on-chain votes were clogging the network, calling the theory "pure ignorance." While the root cause of the recent 20-hour network outage is still not clear, commentators have pointed out that there is likely no singular cause of the network outages.
Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum
The Solana Foundation is transferring management of its hackathons and accelerator programs to Colosseum, aiming to enhance the Solana ecosystem with substantial funding and developer support.
HUSD Stablecoin Drops 56% From Dollar Peg Following Huobi Delisting
According to CoinMarketCap, HUSD stablecoin has fallen massively from its $1 peg, dropping to a low of $0.32 following delisting from crypto exchange Huobi on Friday last week.
To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes - UN Report
Caution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession, according to a UN agency report.
Taiwan's Legislature Considers Virtual Asset Management Bill to Protect Consumers
The Taiwanese Legislature is deliberating on a new Virtual Asset Management Bill aimed at fostering better consumer protection and industry oversight. The bill, seen as moderate, outlines pragmatic mandates for VASPs while leaving room for further regulatory fine-tuning, marking a significant step in Taiwan’s evolving digital asset regulatory landscape.
ChatGPT Predicts Solana SOL Price Could Reach $30 Again by the End of 2023
Utilizing ChatGPT and AI machine learning technologies, we analyzed Solana's future prospects, revealing that its SOL token may be undervalued and oversold, especially when compared to other major cryptocurrencies. Regulatory challenges, such as the SEC's recent classification of SOL as a security, add complexity to Solana's market position. Despite this, the platform's unique consensus model and strong performance in the NFT market make it a noteworthy competitor to Ethereum. ChatGPT's analysis suggests that SOL could reach $30 by the end of 2023, although investors should exercise caution and conduct their own research due to the volatile and regulatory-sensitive nature of the crypto market.
Clockwork on Solana Ends Development Despite $4M Seed Funding last year
Clockwork, a decentralized automation network, will cease active development by October 31 despite raising $4 million in seed funding a year ago. The team will continue to provide software but freeze on-chain programs. Alternative migration solutions are recommended.
Canadian Court Extends Rare Order, Freezes up to $20M in crypto to 'Freedom Convoy'
In Canada, Ontario Superior Court has ordered to freeze millions of dollars and cryptocurrencies linked to organizers of the Ottawa 'Freedom Convoy' protest by obtaining a so-called Mareva injunction.
Alameda Accused of Misusing FTX Customer Funds in Court
Key personnel from FTX and Alameda Research, during a trial, revealed concerning financial mismanagement and misrepresentation practices within the organizations. Gary Wang and Caroline Ellison's testimonies provided insights into significant financial instabilities, misuse of FTX funds by Alameda, and personal ventures being funded through loans from Alameda. The trial uncovers a complex scenario of financial misconduct and troubling personal-professional relationships, shedding light on alarming practices within these crypto entities.
Why Multicoin Capital Invested $5.7M in Squads Labs
Multicoin Capital discloses a $5.7 million investment in Squads Labs, bolstering the multisig standard on Solana. The funding accelerates Squads' blockchain-native custody infrastructure, spotlighting major upgrades like SquadsX and Squads (v4), which are set to redefine self-custody and on-chain capital coordination.
Ethereum Worth Nearly $195M Staked in ETH 2.0 Deposit Contract Over the Past Week
More investments continue trickling into Ethereum 2.0 deposit contract based on the historic highs noted.
Solana's Wallet Phantom has Secured a $109M Series B Investment Led by Paradigm
Solana’s wallet Phantom has secured a $109 million Series B investment led by cryptocurrency firm Paradigm.
Ethereum Closed in Green for 7 Weeks amid Burnt Ether Topping $4b
Ethereum has made seven positive weekly closes, given that it has enjoyed a significant upward momentum this quarter.
Nomura's Laser Digital Partners with WebN Group to Launch Libre Protocol on Polygon
Nomura's Laser Digital and WebN Group have unveiled the Libre protocol, a fund tokenization infrastructure powered by Polygon technology, set to launch in Q1 2024. The protocol aims to revolutionize the management and distribution of alternative investments, with Brevan Howard and Hamilton Lane as initial users.
Cross-Chain Crime Hits $7B: North Korean Ties Unveiled
The recent revelation by Elliptic highlights a troubling surge in cross-chain crime, now amounting to $7 billion, with North Korean affiliated Lazarus Group playing a significant role. These findings from the 2023 edition of 'The State of Cross-chain Crime' report, outstrip previous forecasts, underscoring an urgent call for bolstered security measures and refined blockchain analytics to confront the escalating menace.
Peter Kambolin Sentenced for Fraudulent Scheme in Cryptocurrency Futures Trading
Peter Kambolin, former CEO of Systematic Alpha Management LLC, was sentenced for a fraudulent "cherry-picking" scheme in cryptocurrency futures, underscoring the need for stringent regulatory oversight in crypto trading.
Unibot Ends Partnership with Solana (SOL) Team, Cites Security Concerns
Unibot announces the end of its collaboration with the Solana team due to security concerns and a breach of trust, signaling a shift towards in-house development.
California Advances in Generative AI with New Report
The Newsom Administration's report on Generative AI outlines California's approach to regulating and embracing this technology, emphasizing education and workforce training for responsible use.
Signature Bank Collapse Blamed on Poor Management
The FDIC's assessment of Signature Bank identified poor management and inadequate risk management practices as the reason for its collapse. The bank was shut down by regulators on March 12, and the FDIC was appointed to handle the insurance process.
Solana Spaces to Close Down Stores
Solana Spaces shuttered its two Solana-themed retail outlets in New York and Miami after seven months, citing a shift in investment emphasis.
A Guide to Minimizing Risk in Crypto Trading
Risk management in crypto trading, shaped by market volatility, involves setting stop-losses, proper position sizing, using take-profit orders, and diversifying assets. Continuous learning is vital.
Victory Capital Applies to List A Crypto ETF to The US SEC
Victory Capital Management has become the latest investment firm to applies for a cryptocurrency exchange-traded fund.
Transforming Asset Management: The Impact of Generative AI
Mohamed El-Erian, a Cambridge economist, highlights the dual impact of generative AI on asset management, predicting job creation and displacement, and emphasizing the need for firms to adapt.
Bank of America Opens Job Position for Crypto Public Policy Analysts
Bank of America wants to onboard new professionals to man its crypto drive
Canaan's Q4 2022 Revenue Declines by 82.1% YoY to $56.8M
Canaan, a Chinese Bitcoin miner and manufacturer of ASIC mining machines, reported an 82.1% YoY revenue decline to $56.8M in Q4 2022. The company's net income swung to a $63.6M loss due to inventory write-downs and research expenses. Despite the decline in revenue, Canaan's mining revenue improved by 368.2% YoY to $10.46M.
Digital Currency Group Sells Shares in Subsidiary's Crypto Funds
As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.
Bitcoin Miner Canaan Reports $73.9M Revenue in Q2
Canaan, a high-performance computing solution provider, reported a 44.2% sequential growth in Q2 2023, but faces regulatory shifts and US legal disputes, potentially impacting future operations.
Bitwise to Launch Two Innovative Ethereum Futures ETFs on October 2
Bitwise Asset Management to launch two first-of-its-kind Ethereum Futures ETFs, AETH and BTOP, on October 2. The ETFs offer exposure to CME Ether futures in a regulated format.
Bitcoin's Road to $1.5 Million: Cathie Wood's Bold 2030 Prediction
Ark Invest CEO Cathie Wood predicts Bitcoin to reach $600,000 by 2030, with potential for $1.5 million in a bull market scenario.
Canadians Consulted on Digital Currency
The Bank of Canada has opened a public consultation until June 19 to gauge what features Canadians would like to see included in a digital Canadian dollar. The bank clarified it was not beginning work on a CBDC or replacing cash but was looking to explore the concept.
Bitcoin Regains Momentum to Breaches $30K
After nosediving to lows of $26K, a scenario that was last seen in December 2020, Bitcoin (BTC) has gained momentum and breached the psychological price of $30,000.
ADGM Partners with Solana (SOL) Foundation to Boost Blockchain Innovation
Abu Dhabi Global Market (ADGM) has partnered with the Solana Foundation to advance distributed ledger technology (DLT) within its regulatory framework, marking a significant step in fostering blockchain innovation in the region.
Arthur Hayes Discusses Crypto Market Turbulence, US Tax Season, Federal Reserve uncertainty and Bitcoin halving
Arthur Hayes, in the latest edition of Crypto Trader Digest, provides insights into the recent market volatility and its impact on the crypto industry. He discusses the factors contributing to the market fluctuations, including US tax season, the Bitcoin halving event, and the tapering of quantitative tightening by the Federal Reserve. Hayes also highlights the US Treasury's quarterly refunding announcement and the response of the monetary authorities to the failure of Republic First Bank.
Ethereum Experiences Accumulation Trend as Price Continues Trading Above $3,000
Ethereum has been experiencing notable accumulation based on the mean coin age, illustrating more demand.
Solana Co-founder Labels Ethereum 'Bourgeois Digital Tyranny
Solana Labs Co-founder, Anatoly Yakovenko, defended the Solana network's accessibility during a Twitter debate from 1st to 2nd October 2023, responding to criticisms regarding the cost of running nodes. Yakovenko contrasted Solana with Ethereum, advocating for negligible costs in state creation to promote true decentralization, despite rebuttals highlighting Solana's high node operation costs favoring corporations.
Solana Apps May Soon be Ported to Cosmos Ecosystem
Developers can soon test their Solana Web3 apps for use in Cosmos ecosystem via Injective’s layer-2 testnet, which uses Solana’s Sea Level Virtual Machine. The new layer was created with Eclipse’s help.
Solana SOL Maintains $7.2 Billion Market Cap Despite SEC's Security Claim in Q2 2023
Solana, the high-performance, open-source blockchain, faced a challenging Q2 2023, marked by regulatory hurdles and a decline in its market cap and revenue. However, the network also saw a surge in fee-payer activity and an increase in non-vote transactions, indicating continued user engagement and network utility.
NFT Secondary Sales Surpass $15b amid Monthly Volume Constantly Topping $1b
The non-fungible tokens (NFTs) sector continues to take the world by storm based on the massive growth experienced.
European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse
A European asset manager, Amundi, believes that the ongoing cryptocurrency industry collapse does not mean that digital assets like Bitcoin are doomed to fail. Despite BTC's inability to protect investors from rising inflation, its limited supply may still attract attention if inflation remains high.
dYdX to Exit Canadian Market
Cryptocurrency derivatives exchange dYdX is set to exit the Canadian market due to regulatory restrictions. The exchange will stop onboarding new Canadian users and move existing users to "close-only mode" over the next seven days, allowing them to only withdraw funds. dYdX is hoping for a change in the regulatory climate to resume services in the country.
NFT Trading Volume Surpasses $54B, Exceeds 200% in 2022
The NFT market continues to take the world by storm based on the notable adoption and trading volume witnessed.
Tether Regains $1 Peg
Tether (USDT) has regained its 1-to-1 peg with the dollar after briefly dropping to 94.55 cents, its lowest since December 2020.
领先的加密资产管理公司Bitwise宣布其加密行业创新者ETF资产管理规模突破1亿美元
全球领先的加密资产管理公司Bitwise Asset Management宣布，其加密行业创新产品ETF（纽约证券交易所代码：BITQ）最近的资产管理规模超过了1亿美元。这一里程碑出现在加密领域的转折点，整个2023年，这个领域都见证了积极的行业发展，强劲的市场表现，以及投资者兴趣的增长。
Cardano stablecoin shutters following launch delays
Ardana suspended work on Nov. 24, citing "funding and project timeline uncertainty" Ardana Labs will hold leftover money for the open-source initiative. Ardana's DANA tokens lost 99.85% of their value last year.
South Korea Launches “Emergency” Inspection of Crypto Exchanges Following Terra Crash
To boost investor protection following the recent collapse of LUNA and TerraUSD (UST) tokens, financial authorities in South Korea have beefed up crypto exchange inspections.
BetDEX to Go Live on Solana as FIFA World Cup 2022 Approaches
Emerging decentralized sports betting outfit, BetDEX will be launching on Solana ahead of the World Cup
Tether Launches USDT on Kava Blockchain
Tether Operations Limited (Tether), the company behind the renowned blockchain-powered platform tether.to and the world's leading stablecoin, has revealed its plans to introduce U.S. dollar-pegged Tether tokens ("USDT") on Kava. Kava is a layer-1 blockchain specifically designed to offer scalability and high speed.
Canada's Alberta Sees Growth in Crypto Sector
Alberta, Canada’s most oil-rich province, is seeing growth in the crypto industry to diversify its economy.
Ethereum Miners Revenue Percentage Reaches Monthly Low
The percentage of miner revenue from fees on the ETH network reached a monthly low of 36.145%.
Debunking Overblown Claims on Crypto and Terrorism Financing
Chainalysis debunks inflated claims on cryptocurrency's role in terrorism financing, emphasizing the predominant use of traditional fiat-based channels by terrorist groups. The analysis highlights the challenges and common misconceptions in tracing terrorist fund flows on the blockchain, particularly concerning service provider identification.
Ethereum Adoption Continues to Scale Heights
More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs.
Scammers Target Australians in Cryptocurrency Call Center Scheme
An Israeli-run cryptocurrency fraud targets Australians, according to a raid on Eastern European scam call centers.
Bitcoin, Ether and Other Top Cryptos See Minor Market Recovery
Top cryptocurrencies have made some slight new highs in the midst of the market crash.
Ethereum Classic (ETC) Price Analysis - April 7, 2021
Ethereum Classic (ETC) has experienced a substantial price increase of 55.52% in the past week. Currently, ETC is suffering from strong selling Pressure.
Crypto Prices Today Bounce Back from Friday Sell-Off, Bitcoin, Ether, Solana, Polkadot, and others Surge Higher
Cryptocurrency markets have regained important values just a few days after China’s fresh crackdown. Some experts have explained the recent happenings in the market.
Ripple (XRP) Charges Past $1.00 and Becomes the Fourth-Largest Cryptocurrency
Ripple has soared for two consecutive days and surpassed the psychological threshold of $1.00, a level it has not managed to reach since the peak of altcoins in early March 2018.
Bitcoin, Ethereum, Solana And Other Crypto Prices Further Plunge Following China’s Fresh Crypto Ban
Cryptocurrency markets have experienced other crashes on Friday amid China’s Central bank renewed ban on cryptocurrency transactions.
Ethereum (ETH) Price Analysis - April 9,2021
Ethereum hit a new high of $2,151.63 earlier this week and rallied bullishly after Federal Reserve Chair Jerome Powell's speech on US economic recovery.
Top Performing Cryptocurrencies to Watch This Week: BTC, ADA, SOL, XTZ, DOT, and ATOM
Besides Bitcoin, popular crypto analyst Michaël van de Poppe shares where he sees some of the biggest opportunities in altcoins this week.
Serum Hits New All-Time High amid 900% Year-to-Date Increase
Serum (SRM), a decentralized exchange that operates on the Solana blockchain, set a new all-time high of $11.24 today.
Bitcoin Price Breaks $10,000 Flirting with High Resistance of Supply – Understanding the Stock to Flow Model
Bitcoin has taken off this week, moving to $10,000 and firing up the market in euphoria. With only one week from halving, The Bitcoin price has now deleted all its coronavirus crash losses, up practically 40% since January 1st—and putting it on target to be one of the year's best performing resources.
ANKR/CRV/STORJ Price Analysis – March 24,2021
ANKR, CRV, and STORJ are included in the Coinbase Pro list and have increased by 42.57%, 23.73% and 102.00% respectively within the last 24 hours.
Crypto Market Analysis: BTC, ETH, DOT, LINK, ATOM Price Charts Show Bullish Signs
Bitcoin, Ethereum, Polkadot, Cosmos Network, and Chainlink prices indicate new signs of bullishness. Top crypto traders and analysts show where they see the biggest opportunities in the crypto market in the next few days.
Bitcoin Falls to the Lowest Level since Dec 2020
Bitcoin has fallen to its lowest level for a year and a half, trading around $25,344 at the time of writing, according to data from CoinGecko.
Crypto Price Today: Bulls Pull Bitcoin Above $57K, Ethereum Rises and Altcoin Market Loses Stream
In today’s market, Bitcoin surges further while most altcoins see the price decline. Some crypto analysts have explained the reasons behind such latest trends.
Bitcoin, Ether, And Other Crypto Prices Fall, But Experts Optimise Rebound on Horizon
Despite the current bearish week, experts identify potential cryptocurrencies that could still perform the rest of September and enable investors to earn money.
Solana (SOL) Hits New AHT of $145, Displaces Dogecoin To Become the Seven-Largest Cryptocurrency
Solana is making an impressive rally this year, prompting the need to understand such trading performance. SOL's recent performance has replaced Dogecoin to become the seven-largest cryptocurrency.
Crypto Price Today: Bitcoin, Ethereum, And Others Gain, Experts See October As Green for The Market
While September was a difficult month for the market, cryptocurrency prices, including Bitcoin, have renewed their performance since the beginning of October. Experts predict more upsides to be experienced in October.
Tezos Price Scoop: XTZ/BTC Bounces from Support as Indicators Show Exhausting Selling Pressure
On Tuesday, during opening trading hours, Tezos's price opened at 1898 satoshis, trading later at a gain of +3.96% at 1970 satoshis. Around 279 million worth of Tezos tokens exchanged hands of the volume during the trading session. Tezos is trading between a daily range of 1891 satoshis to 1985 satoshis.
Crypto Price Today: Bitcoin Tops $63,935.12, Nears to Break April’s ATH, Altcoins Rally in Low-Level Buying
Led by Bitcoin, most cryptocurrencies are seeing high-level buying. In recent weeks, there has been some sense of stability in the crypto spectrum.
Will Crypto Recover? Experts Bet Market May Look Different
Choppiness in the crypto market is expected as investors are bracing for a year of rising interest rates.
Solana (SOL) Surges by 230% on a Year-to-Date Basis to Hit a New High
Solana, which has faster transaction speed and lower fees than Ethereum, has been favored by Defi users to run applications. Recently, its native token SOL set a new all-time high of $37.10.
Polygon MATIC Price Surges to $0.951, Driven by Major Institutional Network Adoptions
The MATIC price has grown impressively over the last week driven by the chain's adoption.
Blockchain.News Interview with Co-founder and CIO of CryptAM, David Demmer on Digital Asset Management
We conducted an interview with the Founder and CIO of CryptAM, a Fintech firm that offer high net-worth and institutional investors access and diversification into the digital asset market. He also shared with us his views and insights on the current digital asset landscape.
Luxembourg: The FinTech Hub For Cross Border Asset Management
Luxembourg for Finance (LFF) is a public-private partnership that acts as the agency for the development of the financial center of the small nation.
Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services
In 2019, despite facing an increasingly challenging and uncertain environment, especially the second half of last year, DBS achieved a record performance and successfully launched DBS’ First Fully Virtual Wealth Management Account Opening Solution.
ETH Merge Will Propel Narrative of Cryptos Being Eco-Friendly: Head of Sales at Moneycorp
Once Ethereum shifts to a PoS consensus mechanism, validators will replace miners in the confirmation of blocks because they will use the staked Ether. As a result, prompting a more cost-efficient and environmentally friendly approach.
A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed
The esteemed privacy of Grin has been tampered with by a Dragonfly researcher who was able to unearth the real addresses of senders and receivers of up to 96% of transactions carried out in Grin’s blockchain.
Worldwide Blockchain Distributed Ledger Market to Hit $20.6B by 2027 - Report
The global blockchain distributed ledger market is expected to grow from $3.5 billion recorded in 2021 to $20.6 billion by 2027, according to a report by Research and Markets.
Pre-Production Solana Phone Set to Ship to Developers in December
As the launch draws closer, Solana phones (also called Saga) pre-production are now set to be shipped out to developers for testing from December 15th.
Blockchain Analytics to Help Curb Crypto Misuse, Says HashCash CEO
Blockchain analytics is believed to help fill the void of curbing money laundering and cybercriminal activities, according to Raj Chowdhury, the CEO of HashCash Consultants.
Italian Town Spearheads Blockchain-Propelled Waste Management
Miglianico, an Italian town in the Abruzzo region, is famous for its wine production based on its expansive vineyards. The city is planning to establish a new blockchain breakthrough by being the first town in the country to incorporate distributed digital ledger technology for its waste management solutions.
Chainalysis Releases Crypto Market Intelligence Site Catered to Asset Managers and Regulators
Blockchain analysis firm Chainalysis released Market Intel, a new website catered to asset managers and regulators for access to live crypto data and insights. Chainalysis’ Market Intel will leverage the firm’s proprietary data, which has been collecting and linking to real-world entities since 2014.
EY Blockchain Analyzer Adds Explorer & Visualizer Solution to OnChain Data Investigator
Big-four accounting and auditing firm Ernst & Young has enhanced its blockchain analytics tool, the Explorer & Visualizer solution to investigate on-chain data
EY Increases Its Investments in The Blockchain Market
EY has committed another $100 million in funding to sponsor the development of several blockchain products.
Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana
Today marks a groundbreaking step for decentralized finance (DeFi) on the Solana blockchain as Symmetry launches its highly anticipated User Interface at https://app.symmetry.fi/.
Explosive growth alongside peace of mind offered by C10 from Invictus
With investor focus shifting towards the next market downturn, investors are increasingly seeking protection against potential future drawdowns. The Invictus Capital Crypto10 Hedged fund (C10) is that protection investors are looking for and holds the answers to many investor concerns. The C10 fund has continued to offer investors unparalleled risk adjusted returns in 2021 with a 119% increase in performance for the first quarter.
With Recent $9.5 million Offering BTCS Gains Institutional Investor Interest
BTCS, a digital asset blockchain technology-focused company, recently closed an institutional investor-backed $9.5 million financing comprised of 9,500,000 shares of its common stock and common stock warrants to purchase up to 7,125,000 shares of common stock at a combined purchase price of $1.00 per share in a registered direct offering.
“LU HK” Mobile App Brings a New Paradigm to Online Wealth Management, With No Entry Barriers and No Limits
Lu International (Hong Kong) Limited has launched its LU HK mobile application, offering 24-hours-a-day, seven-days-a-week integrated wealth management services to Hong Kong customers.
Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally
According to the New York Empire State Index, a weakening of the U.S economy is worrying manufacturers. Meanwhile, Bitcoin and other cryptocurrencies are seeing a rally in their movements.
Analysts Suggest Crypto Price plunge Could be Start of New Market Trend
Analysts have indicated that the plunge in cryptocurrency prices could be the beginning of a new market trend, as Bitcoin's valuation has fallen to its lowest level since November 2021.
Is Bitcoin Going To Experience Its Biggest Weekly Loss Of 2019 This Week?
For the first time in over six months, Bitcoin’s acceptance has been below key support. Yesterday, the prices plummeted below a four-month low of $7800 and this phase of price volatility lingers.
Crypto Gets Resilience in the Past Month as Forced Selling Exit
The exodus of forced selling made cryptocurrencies partly resilient in the last month, according to Galaxy Digital Holdings founder Mike Novogratz.
Bitcoin Prices Hold Tight above $20K Level, But Downsides Still Imminent
Bitcoin is still at risk due to bad economic news such as inflation data, and Federal Reserve meetings, among others.
Bitcoin Braces for Deeper Bear Market as Fed Eyeing Another Big Rate Hike
The Fed has already announced five rate hikes this year, but the institution has not yet been able to contain the surging inflation.
Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m
In the past week, inflows into crypto investment products reached $193 million. A scenario last seen in mid-December 2021, according to digital asset management firm Coinshares.
Bitcoin Price on Verge of $20,000 amid Fed’s Interest Rates Announcement
Crypto prices drop are more likely as the Fed is set to announce interest rate hikes on Friday this week.
Crypto Market Capitalization Inches Closer to $3 Trillion
The cryptocurrency market capitalization is a stone’s throw away from the $3 trillion mark as it stands at $2.96 trillion.
Bitcoin Price Holds Firm Around $19,000 Amid Institutional Adoption Surge
Institutional adoption appears to be a crucial driver for holding Bitcoin prices steady.
Crypto Miner Hut 8 Launches New Facility in Ontario, Bitcoin Mining Production Remains Robust
Hut 8 Mining Corp currently holds a total of 7,078 BTC on its balance sheet and continues to advance its operations by launching a new crypto mining facility in Ontario, Canada.
Iran to Introduce Additional Penalties for Illegal Crypto Mining
The Iranian government is going to pass new regulations to increase the penalties for illegal cryptocurrency mining using subsidized electricity.
Are Bitcoin Miners Earning Minimum Reward as Hash Price Plunged to Historic Lows?
The revenue of Bitcoin miners continues to dwindle, given that the hash price has nosedived to historic lows of $66,500 per Exahash, according to Glassnode.
Bitcoin’s Mining Difficulty Jumps by 3.44%, Reaching New ATH at 36.84 Trillion
Bitcoin's mining difficulty has increased by 3.44%. The increase means that more competition is rising.
Canaan Deploys 10,300 Mining Machines in Kazakhstan, Expanding its Mining Operations
Canaan announced that it has signed strategic cooperation agreements with a number of crypto mining companies and plans to launch joint mining operations in Kazakhstan.
Chinese Mining Firm Canaan Inc Doubles Revenue Despite Bitcoin Ban
Canaan Inc, a Chinese cryptocurrency mining giant and computing resource provider, has reported a better than expected revenue, despite the ban on crypto mining and transaction activities in China.
Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan
American Bitcoin mining firm Genesis Digital Assets is purchasing additional 20,000 units of bitcoin ASIC miners from China’s Bitcoin mining hardware manufacturer Canaan Creative. The purchase will help Genesis to scale up its mining operations.
Fundraising by Crypto Companies Accounts for $8.2B in Q3
A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.
UK Adults Hesitant in Crypto Investments due to Perceived Lack of Security
A quarter of the UK's adults are hesitant in crypto investments due to a perceived lack of security, according to research from TMT Analysis.
Global Blockchain Technology Market Expected to Hit $19.9 Billion
The global blockchain technology market is anticipated to reach $19.9 billion by 2026 from the current $3.4 billion value, according to market research publisher Global Industry Analysts Inc.
The Unstoppable Growth of Crypto Market
Nothing has stopped the cryptocurrency market to continue growing in recent years.
Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027
The urge to streamline operations and track assets with unprecedented precision are some of the factors expected to make the blockchain in the global manufacturing market hit $17.047 billion by 2027, according to a report by Research and Markets.
Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026
Allied Market Research, a US-based research and advisory company, has reported that the worldwide blockchain identity management sector will escalate to $11.46 billion by 2026 from $107 million recorded in 2018. This will represent a compound annual growth rate (CAGR) of 79.2% because blockchain is touted to offer an immutable, interoperable, and unified infrastructure needed in the storage of digital identities.
Americans Present Stronger Desires than Canadians in Crypto, Ipsos Study Shows
The intention of investing in cryptocurrencies like Bitcoin (BTC) or using tokens as a payment option among Americans is higher than among Canadians, a new survey shows.
Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services
Mongolia’s Trade & Development Bank (TDB Bank), one of the oldest and largest banks in the nation, has announced plans to enter the crypto space.
El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts
With the crypto market witnessing massive liquidations affecting retail and institutional investors, El Salvador has also been on the receiving end with a loss of more than $11 million, given that it holds at least 1,391 Bitcoin, according to Bloomberg.
Crypto Price Shows Stronger Interconnectedness with Stock Market amid COVID-19: IMF
As a change of tune, the IMF alludes to the fact that crypto-assets like Bitcoin (BTC) have transformed from an obscure asset class to an integral part of the digital asset revolution.
El Salvador Buys the Dip by Adding 100 Bitcoin to its Portfolio
After slipping to lows of $54,000, a scenario not seen in the last six weeks, El Salvador saw this as a perfect opportunity to buy the dip for additional 100 BTCs.
El Salvador Plans to Build 20 New Schools by Using Bitcoin Profits
El Salvador has started reaping from its Bitcoin investment because profits have started being channeled towards infrastructural development.
Messari Raises $35M in Series B Round
Blockchain-based data analytics platform, Messari has announced the successful completion of its Series B funding round in which it pulled $35 million.
Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global
Philippine Cryptocurrency Exchange (PDAX) has raised $50 million from a Series B round, led by Tiger Global management.
USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock
Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.
JPMorgan Chase Expands Crypto Trading Services to All Clients
JPMorgan chase bank has become the latest major bank in the US to offer all wealth management clients access to crypto funds.
SolanaFM Secures a Seed Funding Round Worth $4.5M
World-class Blockchain explorer SolanaFM has secured a seed funding round worth $4.5 Million in partnership with various leading venture capital firms
Ex-Terra Developer Somani Raises $15M for Startup
Neel Somani launched his Solana-based cross-chain modular rollup startup, Eclipse, following the collapse of TerraUSD.
Messari in Talks for New Funding Round That Could Raise Valuation to $300M
Blockchain data analytics startup, Messari is reportedly in talks with investors to pull new funding that can push its market valuation to $300 million.
Solana Launches $100m Web3.0 Fund for South Korean Startups
Layer-1 blockchain protocol Solana has launched a $100 million fund to back startups in the South Korea Web3.0 ecosystem through its subsidiaries Solana Ventures and Solana Foundation.
One River Asset Management Closes $41M Funding Round Led by Goldman Sachs
One River Asset Management has completed a $41 million Series A funding round led by Coinbase Ventures and Goldman Sachs.
NFT Trading Platform Magic Eden Raises $130m at $1.6B Valuation
NFT marketplace Magic Eden has raised a new $130 million in a Series B funding round, increasing its valuation to $1.6 billion.
Wealthfront To Enable Cryptocurrency Investments for its Clients
Wealthfront is the latest mainstream firm that plans to offer cryptocurrencies to its clients.
Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications
Cathie Wood’s Ark Investment company has announced that it has invested into Canadian bitcoin ETFs. The firm’s move is likely influenced by delays and rejections of Bitcoin ETFs by the US SEC.
CI Global Asset Management Partners with Galaxy Digital, Launching Blockchain and Metaverse ETFs
CI Global Asset Management (“CI GAM”), a major Canadian asset management firm, has partnered with Galaxy Digital to launch ETFs focused on blockchain technology and Metaverse.
Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding
Solana-community based decentralized exchange Slope Finance announced to complete the rasing of $8,000,000 in Series A funding, co-led by Solana Ventures and Jump Crypto.
Citi Bank Launches "Digital Asset Group" for Developing Crypto Products
Citi group announced a "digital asset group" has been launched in its wealth management department for developing crypto-related products.
Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin
Grayscale Investments has expanded its product line by launching new investment trusts including Chainlink, Filecoin, and Basic Attention Token.
Solana-based Defi Protocol Delta One Raises $9.1M in Seed Funding
Defi protocol Delta One on the Solana blockchain has announced that it has raised $9.1 million in a seed round led by Alameda Research and Ship Capital.
Magic Eden Pulls $27m in Series A Funding Round
Solana-based NFT marketplace Magic Eden has pulled the sum of $27 million in a Series A funding round.
DEC Pulls $9M in Seed Funding to Create Decentralized Uber
The Decentralized Engineering Corporation has pooled a $9M Seed Fund to build a ridesharing Protocol
Analytics Platform Dune Analytics Raises Nearly $70M in Series B Round, Led by Coatue
Ethereum-centric analytics platform Dune Analytics has raised $69,420,000 in Series B funding led by New York-based private equity firm Coatue.
The Bank of Ghana Cooperates with German Giesecke+Devrient to Conduct its CBDC Pilot
The Bank of Ghana has launched cooperation with Giesecke+Devrient to conduct a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana.
Bank of Ghana to Drive Financial Inclusion through CBDC
The focus of the CBDC in the country was confirmed by Kwame Oppong, the head of fintech and innovation at the Bank of Ghana (BOG).
Ghana Apex Bank Says To Launch Central Bank Digital Currency
The Bank of Ghana Governor, Ernest Addison said the agency is now “in the advanced stages” of introducing its CBDC.
Canadian Central Bank Partners with MIT for CBDC Research
Although the Bank of Canada still has no plans to issue a Central Bank Digital Currency, it has accelerated its research on such a project.
Bank of Canada Governor Advocates Globally Coordinated Approach to CBDC
The governor of the Bank of Canada Tiff Macklem has advocated for a “globally coordinated” approach with respect to CBDC development.
Advancing CBDC: Bank of Canada In Search of Digital Currency Economist
The Bank of Canada is in search of an economist with expertise in digital currencies and financial technologies to help advance its CBDC drive.
Ripple Pilots Private Version of XRP Ledger for CBDC Issuance
Judging from the daily candlestick chart of Ripple (XRP), the bulls are currently working hard to push XRP above the Exponential Moving Average Ribbon.
Ghana Examining Offline Use of Its “E-Cedi” CBDC
Ghana is exploring the ability to carry out secure offline transactions for its Central Bank Digital Currency.
How Blockchain Will Break Down Barriers to Asset Management?
To tackle issues like global inequality, blockchain is believed one of the ways to break down barriers to asset management among traditional finance sector.
BabyAGI: An Overview of the Task-Driven Autonomous Agent
BabyAGI is an AI-powered task management system by Yohei Nakajima, automating tasks using OpenAI's NLP and vector databases. It streamlines processes, but faces challenges like slower processing speeds and errors.
Mindgrasp: Everything You Need to Know
Mindgrasp is an AI platform aiding in document analysis, summarization, and learning, with unique features that set it apart from Otter.ai, Quillbot, and Homeworkify.
Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level
Gold moves higher while Bitcoin still struggles to maintain the support of around $37,000.
Almost $98 Billion Evaporated in the Crypto Space Triggered by a Big Sell-Off in the Global Stock Market
About $98 billion has been evaporated in the crypto market as Bitcoin sinks below $30K for the second time since mid-May.
Bitcoin Struggles to Maintain Above $40,000 Level as Ethereum, Dogecoin, And Litecoin Follow Suit
Bitcoin plunged by 3% following Elon Musk’s tweet about the leading cryptocurrency. Other altcoins seem to have followed suit.
Polkadot Price to Continue its Consolidation with Imminent Breakout
Just like the rest of the entire crypto market, Polkadot has been in a period of consolidation while making attempts to break out from its current levels.
Four Reasons Why Filecoin Increased by 430% Within a Month
Filecoin has risen by 89.74% within 7 days and has increased by over 430% since the beginning of March. What are some factors driving Filecoin's surge?
Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.
Bitcoin Forms “Ascending Triangle”, Tries to Rebound Above $35,000 Crucial Level
Bitcoin has formed an ascending Triangle thus hinting a bullish trend. The cryptocurrency will need to reclaim the $35,000 level as resistance to avoid bull-ending price action.
Bitcoin Addresses at a Loss Hit a 2-Year High as Extreme Fear Engulfs the Market
The bearish momentum witnessed in the Bitcoin (BTC) market has made addresses at a loss to climb to a two-year high.
NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities
In 2023, the NFT market experienced a decline, but Bitcoin and Solana NFTs showed significant growth opportunities.
Bitcoin’s Social and Trading Volumes Hit a 5-Week High as Address Activity Surge to a 3-Week High
As Bitcoin (BTC) continues testing the $40K waters, its social and trading volumes are going through the roof, as acknowledged by on-chain metrics provider Santiment.
ETH Miner Balances Recovering with its Transactions Hitting $2.5 Trillion in Q2 of 2021
This renewed Ethereum momentum is propelling ETH miner balances on the road to recovery.
How Does Blockchain Enhance Traditional Project Management?
Projects are very different from every other type of activity; they have a definite beginning, ending and time frame. They are created or initiated to fulfill a specific objective, which after fulfilling they cease to exist. But did you know that 7 out of ten projects overrun their deadlines? How can blockchain enhance the process of project management?
53% of the Top 100 Cryptocurrencies are Trading Below Their 200-Day Moving Average
Due to massive liquidations experienced nearly two weeks ago, 53% of the top 100 cryptocurrencies have not fully recovered because they are still trading below their 200-day moving average.
Bitcoin Bull Run Ahead? Understanding the Factors Driving Bitcoin's Price Growth
Bitcoin breached its key resistance of $7,300 today. Block halving, change in economic supply and an Ichimoku Kumo twist are driving the price forward. In this article, we analyze the price movement, the change in supply dynamics, and how BTC halvings have performed historically.
5 Factors Behind Chiliz (CHZ)'s Price Surge
Chiliz (CHZ) is a blockchain-based sports platform that aims to provide blockchain-powered solutions for the sports industry and help fans participate in the token economy.
AI's 2024 Outlook: Insights from Germanidis, Hooker, Liang, Luccioni, Moiloa, and Scott
Batch Issue 229 envisions AI's 2024 vision, emphasizing inclusive, transparent, and ethical development, focusing on multimodal models, real-time interactivity, language gap, transparency, governance, and human contributions.
6.2 Million Bitcoins are Being Held at a Loss, Representing 33% of BTC Supply
Ever since Bitcoin (BTC) nosedived from an all-time high (ATH) price of $64.8K recorded in mid-April, 6.2 million coins are being held at a loss, representing 33% of supply.
Bitcoin’s Short-Term Interest Declines by 43% From an ATH Experienced in February
Bitcoin has been stuck to its consolidation period between the $30K and $40K range for more than two months, making short-term interest nosedive to levels not seen since September 2020.
Will Terra’s UST and LUNA Crash Cause a Shift to ‘Cryptos that have Stood the Test of Time’?
LUNA has left crypto enthusiasts' mouths agape because they could never imagine in their wildest dreams that one of the top ten cryptocurrencies could collapse to near-zero overnight.
The Rise of the Anon: Protecting Innovation
Anonymity is increasingly offering protection to innovators as well as their ideas.
Ripple XRP Continues Consolidating Its Value Above $0.6 New Support Level
Technical indicators show that XRP is likely to consolidate its price inside a range of the $0.60 support level and the 0.65 resistance level.
Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year
Bitcoin’s intention to breach the high resistance area between $38,000 and $40,000 continues.
Enthusiasm to Sell in the Crypto Market Subsided amid Prices Stabilize
The urge to sell in the cryptocurrency market has dwindled based on the surge of leading coins, according to on-chain insight provider Santiment.
C10: An All-Weather Approach to Investing In Cryptocurrencies
The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market's extreme volatility.
Surge in Generative AI Interest: Insights from Twitter Discussions
A recent study titled "Public perception of generative AI on Twitter: an empirical study based on occupation and usage" unveils a broad spectrum of sentiments and uses of generative AI across various occupations, highlighting the technology's impact and ethical considerations.
Chiliz (CHZ) Surges 15% Amid 2022 World Cup Tournament, Mainnet Launch
Chiliz is the latest crypto token on the bullish trend. The token is more than 15% for the last 7 days.
Bitcoin Might Get More Volatility by the End of the Week, Market Analyst Reveals
Market analyst Lark Davis believes that Bitcoin might get more volatility as the week comes to an end based on the formatting of a triangle pattern.
Bitcoin Eyes for a Clear Direction amid the Mist
BTC traders are waiting for the next significant movement in either direction, as acknowledged by on-chain metrics provider Santiment.
Technical Analysis: Jasmy Coin Price Movements Indicate Bullish Potential
Jasmy Coin has breached its descending trend line and is currently near the 99-day MA. If it sustains above these levels, it could set the stage for a bullish trend, offering lucrative returns for traders and investors.
Cardano Holds Upside Momentum as It Faces $1.49 Resistance Zone
Indicators signal the resistance of Cardano (ADA) is decreasing as the price of ADA is in a slow uptrend against the US dollar.
Bitcoin Prepares to Revisit $32,000 Support Level Before Retracing the Bull Market
Bitcoin may see a decline in search for a support barrier that may kick-start a rally.
PrimeXBT Analysis: Bitcoin Hash Rate Sets New ATH, Fundamentals Scream Buy The Dip
In stocks, company profit margins and operating expenses are top priorities in fundamental analysis. Fundamental analysis in forex currencies could involve looking at each nation's GDP or country's political health. Commodity fundamental analysis looks at supply, demand, and environmental factors.
NFT Sales Slide to a 12-Month Low Amid Crypto Meltdown
The bloodbath in the crypto market has contributed to sales in the non-fungible token (NFT) sector slipping to a 12-month low, according to crypto analytic firm Chainalysis.
ETH and XRP Price Analysis: November 25, 2020
Following an impressive week-long growth, ETH and XRP are now slowing their paces. This piece explores the TA behind the current price dip.
Staked Ethereum Surpasses Mined ETH
Ethereum locked in the ETH 2.0 deposit contract continues to outway the one being mined on a daily basis, which is a bullish sign.
Bitcoin Needs to be Consolidated at $35K Level, Analysts predict
Bitcoin was up by 1.78% in the last 24 hours to hit 35,215 during intraday trading. Is a breakout in the BTC market is imminent?
Bitcoin Price Analysis: Price Consolidation Stirring Rejection at Key Support Level
Bitcoin's latest uptrend is being tested in a move that appears as a temporary consolidation.
How Blockchain is Prompting Innovations in Waste Management
Blockchain can come in handy in the realization of efficient waste management measures through the creation of a trustworthy, transparent, and immutable supply chain network for a plethora of different records. This technology can aid in the digital tracking of information, allowing an in-depth analysis of supply chains.
Bitcoin's Popularity Sees Surge in Marijuana and Video Game Transactions During Coronavirus Lockdown
The coronavirus-induced lockdown has influenced an increased use case of Bitcoin. Sales of video games and cannabis using Bitcoin have seen a significant rise during the lockdown. The pandemic has revealed consumers’ priorities, as online sales of general digital products saw a decline, while video gamers and marijuana users have increasingly turned to Bitcoin during the virus outbreak.
Bitcoin Continues Holding Above the 200 MA, with $34K Being the Redline
With the 200-day moving average (MA) being a significant indicator used to determine the general market trend, Bitcoin (BTC) continues trading above this line.
Ethereum Gains Momentum and Multiple Altcoins Follow its Lead
Various altcoins are following Ethereum’s momentum footsteps. The market is looking at Ethereum climbing to the $2,400 level.
Bitcoin Needs to Create a Higher-Low at $31K for an Upward Trend, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin should create a higher low at $31k for an upward trend to be ignited as its consolidation continues.
Bitcoin Supply on Exchanges Diminishes as BTC Stares at Last Key Support Level Above $30,000
As Bitcoin (BTC) eyes for a clear direction outside the $30K-40K range, the top cryptocurrency has been leaving crypto exchanges in droves.
Top 3 Coins to Watch this Week: BTC, LUNA, and MANA
With the market still looking weak, here are the top three coins to pay attention to this week.
BTC Leaps Over 12% to Six-week High, Analysts Predicts Individual Trades Could Influence on the Bitcoin Market
Bitcoin leaps over 12% to a six-week high on Monday morning in the Hong Kong section, rebounding to $38,643.13 in the past 24 hours. Prior to the latest surge, on-chain metrics provider Santiment believes that individual trades will significantly impact the BTC market based on low daily trading volume.
Ethereum Tumbles as Low As $2,115 Partly Triggered by Delayed London Hard Fork Release
Ethereum is likely to extend its drop as indicated by a rising wedge chart.
Bank of Canada Says CBDCs Have Inherent Risks in New Study
A new report released by the Bank of Canada has revealed that the bank believes Central Bank Digital Currencies can pose security risks to users
Ghana Confirms Its Interest in Piloting Central Bank Digital Currency
Ghana has confirmed that it is on the hunt for a Central Bank Digital Currency (CBDC). The Bank of Ghana’s deputy governor, Dr. Maxwell Opoku-Afari, recently revealed that the country’s central bank remains committed to piloting a national digital currency. He made such remarks during a virtual stakeholder workshop on payment systems and services as reported by GhanaWeb local news outlet.
Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs
Bank of Canada researchers do not feel that the current state of zero-knowledge-proofs is mature enough to be integrated into their development plans for a Central Bank Digital Currency (CBDC).
Bank for International Settlements Reveals Findings on Central Bank Digital Currencies
The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.
Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale
Millennium Management has gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC).
Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level
Bitcoin has rebounded after a steep plunge experienced earlier this week, which left investors hypothesizing about what lies ahead of the leading crypto asset.
Is Bitcoin Gearing Up to Exit the Current Bottom?
Since Bitcoin has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.
Bitcoin Tops $40,000 for The First Time but Experts Warn of Looming Price Correction
The price of Bitcoin has rallied to a new all-time high over $40,000 on Thursday, January 7. A price correction is likely to happen, and experts explain why.
Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report
In an annual report by Elwood Asset Management and consulting firm PricewaterhouseCoopers (PwC), the value of assets under management at cryptocurrency hedge funds has soared to $2 billion, doubling the value in 2019. Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic.
Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled
BTC funding flipped negative following long liquidations as prices slipped to lows of $42,000.
Bitcoin’s 30-Day MVRV Shows BTC UnderBought
Bitcoin’s 30-day MVRV, measuring the returns of 30-day trading addresses, shows BTC is underbought.
Bitcoin Supply is Moving to Strong Hands amid BTC On-Chain Analysis Going Mainstream
The current Bitcoin correction has not dampened the spirits of strong hands, investors who hold for future purposes because they are accumulating more coins.
Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says
Despite the consolidation happening in the Bitcoin market, the leading cryptocurrency has emerged as an efficient settlement network based on the low fees charged.
Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited
With the price staying below the short-term holder (STH) cost basis for nearly a week, on-chain analyst Will Clemente believes that Bitcoin needs to reclaim the $53K area if a bull run is to be reignited.
The Downturn in Bitcoin Signals Long Endurance before Reaching new ATH, Analyst Says
Veteran analyst Peter Brandt believes that new all-time highs (ATHs) of Bitcoin take quite some time before being realized. The market should expect long-endurance to be remained.
Bitcoin’s Long-Term Fundamentals Remain Strong
Despite the bearish momentum in the Bitcoin market, long-term fundamentals are in the green because coins are moving from weak hands to strong ones.
Bitcoin Price at $30,000 Could Mean BTC is Rising too Far too Fast, says Tone Vays
Bitcoin trader Tone Vays has warned that should Bitcoin price hit $30,000 this week, BTC will be “Rising too far too fast Zone” which typically leads to price plunges.
Bitcoin Price Smashes $35,000 to New ATH, What's Next for the BTC Price?
Bitcoin price has surged to a new all-time high again on Jan. 6 with crypto bulls pushing BTC above $35,000 after days of consolidation in the low $30,000 range.
Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC
Bitcoin's (BTC) price dropped below $10,000 on the weekend, which ended BTC's two-month streak of staying above $10K.
Bitcoins' Circulation and Address Remain Underwhelming
Bitcoin isn't getting a ton of utility to kick off January, as its circulation and active address are remaining underwhelming.o
Why Bitcoin Investors Shouldn’t Expect a Straight Moon Shot Over $20,000 Just Yet
Although the Bitcoin price gained 166% this year, the pioneer crypto has not yet produced the anticipated moon shot over $20,000 and investors could be in for a long wait.
Bitcoin Needs to Hold Above $55,000 for It to Test New Highs, says Market Analyst
Market analyst and trader Michael van de Poppe has disclosed that BTC needs to hold above the $55K price level if it is to rally higher.
Bitcoin’s Trading Volume Reaches High Since June as Price Slips Below $18.8K
Selling pressure has emerged on the Bitcoin market, causing the price to drop below $18,800. Furthermore, trading volume hit a three-month high.
First Bitcoin Car Heads to the 105th Running of the Indianapolis 500
The world's first Bitcoin car is ready to go public, bringing cryptocurrency to the racing world.
Bitcoin Might Explode Soon as Bollinger Bands Continue to Shrink
On-chain analyst Matthew Hyland believes the current consolidation in the Bitcoin market might be the calm before the storm because the Bollinger Bands (BB) have shrunk to levels last seen in October 2020 when the price was at $10,000.
Bitcoin Hashrate Has Almost Completely Recovered after Dropped by 93%
Bitcoin miners have been on the right footing after relocating other areas like the United States, Kazakhstan, and Iraq because the hashrate has nearly fully recovered based on a 93% surge.
Crowd Sentiment Towards Bitcoin Hit Historic Lows as BTC Addresses in Profit Reach a Monthly Low
On-chain metrics provider Santiment acknowledged that FUD (fear, doubt, and uncertainty) has made crowd sentiment towards BTC sink to historic lows.
Bitcoin Transaction Volume Hits a Monthly Low as Consolidation Continues
Bitcoin has found itself in a consolidation state based on low transaction volume.
Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption
The Bitcoin Lightning Network continues going through the roof by making historic highs.
Bitcoin Price Needs to Hold $31,500 to Avoid Deeper BTC Price Plunge says Tone Vays
Should BTC fall below the $31,500 level—crypto analyst Tone Vays believes we could see a deeper price plunge to the mid $20K range.
Bitcoin Surges to New ATH of $68,500 with Big Money Emerging as the Largest Catalyst
Bitcoin has scaled to heights not seen in its twelve-year journey by hitting a new all-time high (ATH) of 68,500.
Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?
The crypto market continues to be in the red based on more liquidation. As a result, the leading cryptocurrencies are in the fear zone.
Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?
Despite the Federal Reserve (the Fed) increasing interest rates by half a point (0.5%), Bitcoin soared by 6% to reach $40,002.
Bitcoin Hits $33,000 For the First Time Ever as FOMO Among Investors Supports the Surge
Bitcoin's recent rally is being boosted by increased demands from both retail and institutional investors who see the digital currency as a hedge against inflation.
Is Bitcoin Gearing Up for Consolidation Before Triggering a New Bullish Cycle?
With Bitcoin (BTC) hovering around the 200-week moving average (MA), some analysts believe that the top cryptocurrency might be laying grounds for a ranging market that would, later on, prompt a bullish cycle.
Bitcoin Corrects after Hitting ATH at the $66,900 Level, Holders Remain Unfazed
Holders remain unperturbed about the current correction in the Bitcoin market if history is to repeat itself.
Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking
The $38K to $40K zone of Bitocin is proving to be a hard nut to crack in the market. Nevertheless, BTC whales have been accumulating heavily in this area.
Google Search Trends Show a Strong Correlation with Bitcoin Price
Google search trends have been positively correlated with Bitcoin price based on the current market trend.
$100,000 Forecasted as the Largest Strike Price for Bitcoin Options this Year, Analysis Predict
The biggest strike price for BTC options is $100,000 with an open interest (OI) of $500 million.
Bitcoin’s Average 30-Day Trader Returns Haven’t Dipped This Low Since Black Thursday
On-chain metrics provider Santiment revealed that the latest correction in the market has made Bitcoin’s average 30-day trader returns slip to lows not seen since Black Thursday.
Bitcoin Faces Major Resistance at 200-Week Moving Average
Bitcoin’s consolidation in the lower $20K level continues as the leading cryptocurrency has lacked significant momentum to breach this zone.
Bitcoin's Key Support Level is at $27000-27,500 if BTC Pullbacks below $30,000, says Analyst
Alex, a market and crypto analyst, has acknowledged that the $27,000-27,500 is the critical support level, which ought to be watched.
Bitcoin Surges Past $24,000 for the First Time, Market Analysts Predict What’s Next for BTC
On Saturday, Bitcoin leaped to record a high of $24,000 for the first time as it enjoys a strong momentum through the year.
Large Institutional Transactions Take the Lion’s Share of Bitcoin Volume at 99%
Institutional demand for Bitcoin does not seem to be fading based on the large transactions volume witnessed, according to a report by IntoTheBlock.
Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says
Speaking on an interview Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term.
As Bitcoin Stares at the Psychological Price of $20,000, Will it Hold?
After months of consolidation between the $28K and $32K zone, a bullish or bearish run was imminent, and Bitcoin (BTC) has taken the latter route.
Strong Hands Have Been Pushing Bitcoin Price Steeply Upwards Since Q4 2020, says Crypto Analyst
Popular market analyst Willy Woo has revealed that strong hands are the engine behind the current Bitcoin bull run because serious investors have been buying every dip.
Bitcoin’s Perpetual Swap Open Interest Slips below $11B for the First Time Since August
The recent drop in the crypto market price made BTC’s perpetual swaps open interest to fall below $11 billion for the first time since August 5.
Bitcoin’s Long Liquidation Dominance Hits an 8-Month High at 69%
Having traded below $45,000 for seven days now, Bitcoin (BTC) has been in the red based on significant liquidation.
Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum
The plan of raising the interest rate proposed by the U.S. Federal Reserve has dented Bitcoin’s upward move because the leading cryptocurrency ranges between the $33K and $38K zone.
Bitcoin at $64,000 is Amazing But It’s Just the Start, says Market Analyst
Crypto trader Michael van de Poppe believes that Bitcoin at $64,000 is amazing, but this is just the start.
New Market Entrants Caused the Recent Bitcoin Panic Selling, says Glassnode
Yann & Jan, the co-founders of on-chain metrics provider Glassnode, have noted that the recent Bitcoin price drop was triggered by new entrants in the market.
Bitcoin Price Bull Run Expected to Continue says Bloomberg Intelligence
Bloomberg Intelligence reports that only an "unexpected occurrence" can stop the Bitcoin price bulls from running.
The Number of Bitcoin Addresses in Profitability Breaks the Record, Price Inches Closer to ATH of $64,800
The number of Bitcoin addresses in profit has reached a record high of 37,396,654.839. The market is expecting Bitcoin to break through $64.8K ATH level.
Bitcoin Needs to Flip the $47K Area for Support before Witnessing a Surge to $50K
Market analyst Michael van de Poppe believes that Bitcoin needs to flip the $47K area to accomplish its $50K journey.
Bitcoin Hits New All-Time High Above $62,000
BTC has scaled a new height by surging past the $62k mark, a fate not seen in its twelve-year journey.
Bitcoin Breaches Psychological Level of $30K amid Dollar Index Slipping
After printing nine consecutive weekly red candles, a scenario not seen in its 13-year journey, Bitcoin (BTC) is back to winning ways after topping the psychological price of $30,000.
Long-Term Hodlers Remain Unfazed, Despite Bitcoin’s Sentiment Hitting Rock Bottom
As Bitcoin stagnates between the $29K and $30K levels, sentiment about the leading cryptocurrency has nosedived to levels last seen during the onset of the Covid-19 pandemic in March 2020.
Greed Caused the Bitcoin Price 20% Plunge, Will BTC Price Rise Again?
The Bitcoin price suffered a massive correction falling from its recent high of $41,500 to an intraday low of $32,829, but what happened and where is BTC headed next?
Bitcoin Miners Generated Revenue Worth $1.68 Billion in November
Over the last month, it seems to be a good month for Bitcoin miners because they cashed in a whopping $1.68 billion.
Bitcoin Needs to Continue Standing above $19,200 to Dilute Downward Pressure, Analyst Says
Market analyst Ali Martinez believes the leading cryptocurrency should stand above $19,200 to reduce selling pressure because this is a significant level.
Bitcoin Price and Crypto Market Analysis: Opportunities or Risks Ahead?
Analysis of why the Bitcoin and crypto market going up and potential opportunities and risks ahead.
Bitcoin Dominance Hits 4-Year Low, Dormant Supply Touches Historic Highs
Bitcoin’s dominance in the crypto scene has nosedived as the leading cryptocurrency continues trading on shaky grounds.
Bitcoin Needs to Hold $36K for Sustainable Upward Momentum
BTC should go back to the $36K level before flipping it to support more upward momentum, analysts said.
Bitcoin Needs to Break $51K Level for an Continuous Upsurge
Market analyst Michael van de Poppe believes Bitcoin should break the $51,000 level if an upward momentum is to continue, failure to which a pullback to the $44-$48K level will be witnessed.
Bitcoin Investment Requires a Long-Term Strategy, Says Former Wall Street Stockbroker
Based on the back and forth experienced in the Bitcoin market, a long-term approach is suggested for investment in the leading cryptocurrency, according to Jordan Belfort, a former Wall Street stockbroker.
Bitcoin Gains Momentum after Hitting Lows of $37,500 as Altcoins Bleed
After hitting lows of $37,585 over the weekend, Bitcoin has gained some momentum by breaching the $38K level.
64% of Bitcoin’s Circulating Supply Stagnated for more than 12 Months as Accumulation Continues
The amount of Bitcoin’s circulating supply that has stagnated for at least a year hit an all-time high (ATH) of 64%, signaling a supply deficit.
The Value Stored in the Bitcoin Network Stands at an All-Time High
The value stored in the Bitcoin network is at a record high based on the realized price.
Bitcoin Stands in the Last Resistance Zone, staring at the ATH level of $64,800
Bitcoin has been able to pick up the pieces because it is 11% away from the all-time high (ATH) price of $64,800 set in mid-April.
$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset
Stone Ridge Asset Management, home to $13 billion in assets under management (AUM) has recently purchased $115 million in Bitcoin.
Is Bitcoin on the Verge of Forming the Bottom?
The Long-Term Holder NUPL (LTH-NUPL) indicator shows Bitcoin’s bottom is forming since it is at the same level as the past two significant pullbacks of 2021.
Bitcoin Hodlers Remain Steadfast, Coins Aged over 3 months Hit ATH of 86.3%
Despite Bitcoin lacking a significant upward momentum, this has not dampened the spirits of hodlers because coins aged at least 3 months hit an ATH of 86.3%, according to Glassnode.
Crypto Analyst Suggests Bitcoin Price Has “Bottomed,” Bullish in the Next Few Weeks
Despite a massive technology stock sell-off recently, the US stock futures market was trading in positive territory on Sept 9, adding pressure to financial markets.
Bitcoin Is at an “Inflection Point,” says Soros Fund Management CIO
As Bitcoin’s price consolidation continues, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at an inflection point.
Bitcoin Needs Upward Catalyst to Exit the Current Range as Scepticism Mounts, Says Expert
The retracement to the $29K zone has jeopardized the much-anticipated Bitcoin (BTC) recovery as skepticism engulfs the market.
Bitcoin Remains Bullish Based on the Formation of an Ascending Channel
The formation of a parallel channel on the daily chart suggests BTC can still drop to $57,000-$54,000 to then rebound towards $75,000, according to analyst Ali Martinez.
Bitcoin Poised to Set a New All-Time High, says Market Analyst
Market analyst Michael van de Poppe believes that "Bitcoin looks eager for a new all-time high" as it continues regaining momentum.
Bitcoin Price on Course to $100,000 by 3rd Quarter of 2021, says 10T Holdings Co-founder
Dan Tapiero, the co-founder of fintech and digital assets firm 10T Holdings, believes that BTC has not missed a step in its journey of hitting $100,000 by the third quarter of 2021.
Bitcoin Eyes Forming a Weekly Higher Low, What Does This Mean?
A pullback to the $40,000 level reignited the formation of a higher low on the weekly chart.
Bitcoin’s Profit-Taking Skyrockets, Will $40K to Be Reclaimed?
Profit-taking tendencies in the Bitcoin market contributed to the price dropping below the psychological price of $40,000.
Crypto Trading Volume Picks Up as Bitcoin Breaches $40K Level
After dropping to lows of $38.5K over the Easter weekend, Bitcoin has gained momentum and breached the psychological price of $40,000 based on an uptick in trading volume.
Retail Investment Slips as New Bitcoin Addresses Drop
Retail investment in the Bitcoin (BTC) market seems to have dried up based on the drop in new addresses.
Bitcoin Needs to Hold the $36K-$37K Support Level, Avoid Further Downward Momentum
To avoid a further slip, Bitcoin needs to hold the zone between $36,000 and $37,000.
Bitcoin Hit Lows of $42K, following the Liquidation of $2.2B in 12 Hours
Over the weekend, Bitcoin (BTC) plunged to lows of $42,000 based on massive liquidations. Variant Omicron strain and overleveraged market were attributed to this round of chain liquidations.
Double Bottom Pattern Playing Out in the Bitcoin Market, Is $50K in Sight?
A double bottom pattern continues to play out in the BTC market because the leading cryptocurrency has remained steadfast above the psychological price of $40,000 for the past few days.
Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?
With speculations high that the Federal Reserve (Fed) will increase the interest rate by 75 basis points (bps) on June 15 to tame inflation, this might dent Bitcoin’s bullish outlook as the leading cryptocurrency continues to trade at an 18-month low.
Bitcoin Should Breakthrough $44.5K Level to Create Higher High
Having broken the high resistance level between $38,000 and $40,000, Bitcoin needs to shatter the $44,500 area so that a higher high can be created for a sustained upward momentum.
JPMorgan Backs Bitcoin to Rise 28%, Saying Cryptos are Preferred Alternative Asset
In its latest report, JPMorgan gives Bitcoin a higher valuation. The bank is also more bullish on cryptocurrencies than other traditional financial assets.
Is Bitcoin Market Sentiment Shifting from Fear to Capitulation?
As Bitcoin (BTC) continues hovering around the $20K zone, market sentiment might be changing from fear to capitulation.
2 Reasons Why Bitcoin Price Should Reclaim $34,000 This Week
Bitcoin plunged by over 16 percent to an intraday low of $27,678 on Monday before recovering above the $30,000 level. Here are two reasons to expect a further BTC price rally.
The No. of Non-Zero Bitcoin Addresses Hit a 6-Month High, amid Realized Volatility Drifting to a 1-year Low
Bitcoin has been attracting more participants, given that the number of non-zero BTC addresses reached a 6-month high.
Bitcoin Enters the Deepest Phase of the Current Bear Cycle as Price Slips to an 18-Month Low
After briefly slipping to the $21K zone, Bitcoin (BTC) continues to trade at levels last seen in December 2020. Glassnode believes BTC is entering the deepest part of the present bear cycle, given that even long-term holders are experiencing losses.
Bitcoin Addresses Holding Over 10,000 Coins Hit a Monthly High
The number of Bitcoin addresses holding at least 10,000 coins reached a monthly high of 86 as the holding culture continues being a favoured strategy in this market.
Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis
Analysis by IntoTheBlock shows that short-term holders have been the primary catalysts of the present leg down as they continue liquidating their BTC investments.
Bitcoin's Largest Price Correction in History, Will BTC Price Continue to Fall?
Over the last 24 hours, the Bitcoin price suffered its largest single-day drop in its short history, falling from a high of $58,000 to a low of $48000. What's next for BTC?
Bitcoin Gains Momentum Based on Positive CPI Numbers
After slipping to lows of $15.5K amid FTX’s liquidity crunch, Bitcoin gained momentum based on positive consumer price index (CPI) numbers released by the U.S. Bureau of Labor Statistics.
BTC Price Analysis as Whale Alerts Indicate More Institutions Buying Bitcoin
As Bitcoin soared to a new all-time high of $57,808, over a billion dollars’ worth of BTC has left Coinbase to unknown wallets. What can we expect from the BTC price?
Bitcoin is Eyeing a New All-Time High This Week, says Market Analyst
Market analyst Lark Davis believes that Bitcoin is getting ready to hit a new all-time high (ATH) this week.
Bitcoin’s Bear Trap Might be Over as Price Jumps to New ATH of $66,952
Market analyst Lark Davis Believed that the bear trap experienced in the BTC market might be over, along with reaching a new ATH of the Bitcoin's price.
Long-Term Holder Supply Shock Ratio Breaks Record as Bitcoin's Price Hits 6-Month High of $60K
On-chain analyst Will Clemente believes the next few months will be wild to Bitcoin, given that the long-term holder supply shock ratio is at an all-time high (ATH).
Bitcoin Bleeds Across the Board as BTC Drops to a 6-Week Price Low
Market analyst Joseph Young believes that fear is causing the Bitcoin market to drop.
Bitcoin Price Could Drop in the Short Term As BTC Consolidates at $46K
The Bitcoin price traded to a new all-time high at $48,308 before correcting lower and now appears to have hit a short-term downward trend. Where to next for the BTC price?
Bitcoin’s Dominance Skyrockets as Market Capitalization Tops $1 Trillion
On-chain metrics provider Santiment believes Bitcoin’s dominance and price have been driven by a surge in token circulation.
Bitcoin Investors are "Buying the Dip" in Anticipation of a Bounce Back to $55K in Six Months, Morning Consult Study Shows
Bitcoin investors are still optimistic because they continue stacking with the expectation that the price will rebound to the $55,223 level in six months, according to a study by data intelligence company Morning Consult.
Bitcoin Whales not Throwing in the Towel, Accumulating 60K BTCs in Last 2 Months
Bitcoin might not have found its right footing since the start of the year, but this has not discouraged whale addresses from accumulating more coins.
Bitcoin Funding Hits a Monthly Low as Consolidation Continues
The consolidating Bitcoin market has been partly prompted by funding rates hitting a monthly low.
Bitcoin Looks Set to Make the Highest Weekly Surge Since March
Bitcoin (BTC) has been sluggish for the past couple of weeks, but this might change because it is on course for its highest weekly gain since March.
Bitcoin’s Average Coin Dormancy Hits a 3-Month High
Bitcoin's average coin dormancy has been going through the roof based on the current consolidating market.
Bitcoin’s Small to Mid-Sized Addresses Continue Going Through the Roof
As Bitcoin continues hovering around the $19K zone, small to mid-sized addresses are scaling the heights, according to Santiment.
Bitcoin Eyes $60,000 Based On the Formation of an Inverse Head & Shoulder Pattern
Crypto analyst Carl Martin has revealed that Bitcoin is eyeing the $60K price level based on the formation of an inverse head & shoulder pattern.
Long Term Bitcoin Holders Taking Profits but not Exiting in Masses
Bitcoin has been correcting and this trend can be explained by the fact that long-term holders (LTHs) have been taking profits
2.3 Million Bitcoins Have not Moved in More Than 10 Years
More than 2.3 million Bitcoins might have been lost based on their immobility for at least ten years.
Crypto Social Circles Welcome Bitcoin for Breaking the Psychological Price of $40K
Breaching the high resistance zone between $38K and $40K has hyped up the crypto community.
Bitcoin Needs to Reclaim $37.5K before Painting a Bullish Picture
BTC needs to reclaim the previous support level of $37.5K to boost its chances of bullish momentum.
Bitcoin Subreddit Surges as Hedge Funds Short BTC, A Coordinated Crypto Buying Attack?
Will Bitcoin be the next target of a coordinated buying attack as new data reveals Bitcoin subreddit's astronomical growth as well as institutional shorts on the cryptocurrency?
Bitcoin Breaches the $43K Level, despite FUD Hits 16-Month High
After plummeting below the psychological price of $40K based on the ongoing Russia’s invasion of Ukraine, Bitcoin (BTC) is back to winning ways after breaching the $43K and briefly topping $44,000.
Bitcoin Needs to Hold the $50-52k Area to Avoid Dipping to $40,000, says Crypto Trader
Crypto trader Credible Crypto believes Bitcoin bulls have a task at hand of putting a shield at the $50,000 to $52,000 price level because failure to which a journey towards $40,000 might be unavoidable
Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs
Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.
Total Fees Paid on Bitcoin Network Hit Monthly Low, Hashrate Records Historic Highs
Bitcoin’s friendliness in terms of the low transaction fees paid to use its network continues because it hit a monthly low.
Will Bitcoin Rise, Consolidate or Crash After BTC Price Rally to $40,000?
The Bitcoin price set yet another all-time high with BTC rallying to $40,394 making an 11% gain yesterday before dropping $3,500. Where to next for the Bitcoin price?
Bitcoin's Balance on Exchanges Hits a 4-Year Low Amid Traders Becoming Overly Optimistic
As Bitcoin (BTC) continues hovering around the $20K area, the balance on exchanges is shrinking.
Is Bitcoin Edging Closer to the End of a Bear Market?
The back and forth experienced in the Bitcoin (BTC) market might soon come to an end based on various indicators, according to a crypto analyst under the pseudonym PlanB.
Bitcoin’s Volume Dominates Performance More than Volatility, Cumberland Suggests
Even though some analysts have stipulated that Bitcoin’s volatility is a cause for concern, crypto trading firm Cumberland believes volume is what matters the most.
Bitcoin Makes Two Back-to-Back Weekly Closes Above 200-Week MA
Bitcoin has closed above the 200-week moving average (WMA) for two consecutive weeks, according to market analyst Ali Martinez.
Bitcoin’s Average Trader Monthly Swings Back to Sink for the First Time Since July
After recording a 10% daily loss on September 8, BTC traders’ monthly returns slumped.
Bitcoin Realized Capitalization Hits ATH Amid the Fear and Greed Index, Jumping to Neutral Grounds
Bitcoin realized capitalization has been on an upward trajectory after hitting a record high.
Bitcoin’s Social Dominance Hits 2-Months High
Interest for Bitcoin spiked on social platforms over the weekend, leading to its social dominance surging, according to Santiment.
$2.3 Billion Liquidated on Crypto Exchanges as Bitcoin Price Crashes By $5.4k In Minutes
According to Glassnode blockchain analytics, the crypto sector lost around $110 billion in marketcap because after $2.3 billion in crypto was sold off, crashing BTC by $5,000.
CNBC’s Brian Kelly Warns of a Bitcoin Short-Term Correction to $12,000
Brian Kelly, CNBC Fast Money trader, continues to be bullish for Bitcoin but warns of a short-term correction to $12,000.
Bitcoin Needs to Hold the $43.1K Level to Avoid a Slip back to $38K
Bitcoin ought to hold the $43,100 level to avoid dropping below the psychological price of $40,000.
Is the Narrative about Bitcoin’s 4-Year Halving Cycle Diminishing?
With Bitcoin’s current return of approximately 456% since the third halving event in May 2020, this is a notable underachievement compared to the two previous cycles, which had recorded 1,355% and 4,974% respectively at this point in time.
Bitcoin Continues to Circulate in a Semi-Bullish Territory
Bitcoin is still in a semi-bullish area, given that circulation continues to be steady, according to on-chain metrics provider Santiment.
Former Canadian Prime Minister Sees Bitcoin As A Potential Future Reserve Currency
Stephen Harper, the former prime minister of Canada, has named Bitcoin as a possible reserve currency in the future.
Bitcoin Circulation and Active Addresses Holding Steadily Despite Retracement
Bitcoin’s active addresses and circulation have not slowed down, despite the present correction because they have remained relatively strong.
Is Bitcoin Getting Ready for a Breakout?
There seems to be light at the end of the tunnel for a breakout in the Bitcoin market because the multi-month downtrend witnessed on the momentum indicator has broken out to the upside.
Bitcoin Funding Rates Have Calmed Down - Has Greed in the BTC Market been Neutralized?
Bitcoin funding rates have slowed down since the leading cryptocurrency scaled to new heights of $69,000.
A Large Portion of Bitcoin Supply Stores in Cold Storage Based on the Bottoming Out of Dormant BTC Supply
Dormant Bitcoin supply for at least one year bottomed out at 54.2%, indicating that a large portion of BTC was stored in the cold storage.
Bitcoin Net Inflows Records $315 Million in Total in October
October will be written in Bitcoin’s history books as the month that saw the top cryptocurrency break the record by soaring to the $66,900 level.
Bitcoin Price Rally Will Peak Out Early in 2021, according to CNBC Report
As one institutional analyst told CNBC—the Bitcoin price could peak out early in 2021, providing another prime opportunity to buy the BTC price dip.
Bitcoin Touches $21K amid Fed's Interest Rate Hike Hitting a 28-Year High
Bitcoin (BTC) was up by 2.90% in the last 24 hours to hit $21,782 during intraday trading, with news about the Federal Reserve’s interest rate increase of 75 basis points (bps) making airwaves.
Bitcoin Slips to $35.7K as Daily Active Addresses Hit a 5-Month High
Bitcoin (BTC) entered the weekend in the red after dropping to the $35.7K level based on a high number of daily active addresses, according to market insight provider Santiment.
Bitcoin Hodlers’ Accumulation Continues, Ruble-Denominated BTC Volumes Hitting 9-Month High
Bitcoin hodlers remain unfazed despite the leading cryptocurrency recently hitting lows of $34,000 as they continue accumulating more coins.
Bitcoin’s Significant Support Stands at $42.2K, Illiquid Supply Soars for 214 Days
Based on Bitcoin’s transaction history, notable support lies at the $42,260 as many addresses bought coins at this level.
Is Bitcoin Experiencing Short-Term Pain Points for Long-Term Gain?
Despite the short-term pain being experienced in the BTC market, long-term holders remain solid in their investments.
With Upcoming Interest Rate Hike from Fed, Is BTC's Current Rally Short-Lived?
Bitcoin has regained momentum and reclaimed the $23K level, but this begs the question if this uptick is short-lived, given that the upcoming interest rate hike from the Fed.
Bitcoin's Consolidation Continues amid Addresses Holding BTC Scaling the Heights
Bitcoin has consolidated between the $38K and $45K zone for the past two months, as indecisiveness continuously rocks the market, even though BTC addresses continue going through the roof.
Bitcoin Needs to Break $44.5K Resistance, before Pushing Forward to $48K Level, says Analysis
Bitcoin needs to break through $44,500 so that the current range can be shattered, which will be instrumental in driving the price to the $48K area.
Bitcoin Edges Close to Hit the 200-Day Moving Average
Market analyst Lark Davis disclosed that Bitcoin's regained momentum has pushed the top cryptocurrency closer to the 200-day MA.
Non-Zero Bitcoin Addresses Reach Historic Highs, BTC’s On-Chain Settlement Efficiency Goes a Notch Higher
Bitcoin is showcasing itself as one of the most efficient monetary settlement networks, given that it transferred an average of $95,142 for a fee of $1 compared to Ethereum’s $139 in the past week.
Following a Bullish Breakout, Will Bitcoin Touch $25K Level?
After experiencing notable back and forth around the psychological price of $20,000, Bitcoin got a sigh of relief after pumping to mid-June levels of $22K.
Bitcoin Falls Below $44K, Attributed to the Fed Plans to Raise Interest Rate in March
Attributed to the preliminary raise of the interest rate in March, revealed by the U.S. Fed, Bitcoin's price fell below $44,000 and the lowest trading price was as low as $42,413.
Institutional Investors are not Yet Buying Bitcoin as Price Slips Below $20K
After enjoying notable momentum above $20,000, Bitcoin (BTC) slipped below this psychological price amid low appetite from institutional investors.
Bitcoin Becoming less Jittery against Volatility
Market analyst Holger Zschaepitz believes Bitcoin is slowly coming of age because mild price swings have not been witnessed days after hitting a new all-time high of $66,900.
Bitcoin Addresses in Profit Slip to 5-Month Low, Consolidation Continues
Profitability in the Bitcoin market has slipped to a 5-month low as the price continues to consolidate.
Bitcoin Needs to Flip $56.5K to Support Level to Retest $60,000, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin will have to flip the $56.5K resistance level to support if the cryptocurrency wishes to retest $60,000.
Bitcoin Hits a 2-Month High as BTC Lightning Network Scales the Heights
After surging past $31,000, a scenario was last seen in March, momentum seems to be ticking in the Bitcoin market.
Why Bitcoin Needs to Hold Above the 52K Level
Market analyst Michael van de Poppe believes that it is critical for Bitcoin to hold the $50-52k level, which will avert any more downward momentum.
Billionaire Bond Manager Jeff Gundlach Says Bitcoin Looks Like A Bubble Waiting to Burst
Jeffrey Gundlach, bond fund manager, said in a recent interview with CNBC that Bitcoin is starting to look like a bubble after it surged above the $23,000 level.
Bitcoin Dipped below 100-hour MA, Triggering Further Downswing, Analyst Suggests
Bitcoin dipped below the 100-hour MA, triggering a continuous downswing. Analysts suggest the leading crypto might further drop to a level between $19.3K and $18.6K.
Bitcoin Endured Two Major Capitulation Events in H1, Glassnode Shows
Bitcoin has experienced significant ups and downs in the first half year due to various uncertainties and events like the LUNA collapse.
Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes
Despite wild price swings set in, Bitcoin seems to continue marching higher. The crypto surged to fresh new heights on Wednesday, January 6, hitting above $36,000.
Bitcoin Supply in Profit Drops to 83%, Short-Term Holders Blamed to be the Primary Culprits
The current retracement has triggered a 17% loss in Bitcoin supply, with short-term holders who bought the top to be blamed as primary culprits.
Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions
Bitcoin entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance.
Bitcoin Becoming More Mainstream While Bond Trading Is Dying, Says Australian Investment Firm
Pendal Group investment management company has announced that it is now in the Bitcoin business. It is taking a stake in Bitcoin through futures contracts.
MicroStrategy Holds over 129K Bitocins, Data Shows
Data shows MicroStrategy holds over 129,00 Bitcoins (BTC) with a total value of approximately $5.8 billion.
Bitcoin Pumps to Mid-June Levels following Boris Johnson’s Resignation
Bitcoin (BTC) hit the $22K level, a scenario last seen in mid-June after Boris Johnson resigned as the UK prime minister.
Bitcoin’s Supply Ratio on Exchanges Hit a 26-Month Low as BTC Miner Reserves Edge Closer to an ATH
Bitcoin (BTC) holders continue to show their confidence in the leading cryptocurrency as the supply ratio on exchanges slumped to a 26-month low.
Bitcoin Price Nears $12,000 at Monthly Close—What are Analysts Predicting?
Bitcoin (BTC) remained under the resistance level of $12,000 at its August monthly close. What are analysts predicting?
Bitcoin Lightning Network Continues to Gain Steam, Hitting Historic Highs of 3,436 BTC
After crossing the 3,000 BTC capacity for the first time in October 2021, the Bitcoin Lightning Network does not show signs of slowing down as its upward quest continues.
Bitcoin Futures Market is in a Healthy Contango,Indicating that the Price of Bitcoin will Rise Further
The BTC futures market has been scaling the heights based on an uptick in price, which means the market expectations are for higher prices in the future.
Bitcoin Fear & Greed Index Indicates Extreme Fear, Suggesting Considerable Uncertainty in the Market
Market analyst Lark Davis believes that FUD (fear, uncertainty & doubt) has engulfed the BTC market based on the fear & greed index.
Bitcoin Experiences Worst Selloff since May as BTC Trades below 200-Day Moving Average
Despite holding above the psychological price of $50K over the Christmas weekend, Bitcoin (BTC) experienced significant liquidation that drove the price downwards.
Is Bitcoin Eyeing a Strong Movement amid Hodled Coins Hitting a 5-Year High?
Bitcoin might be geared toward a strong movement based on declining historic volatility.
Bitcoin Spot Exchange Reserves Dropped by 12,500 BTC in the Past 2 Weeks, Suggesting the Dip is Being Bought
Bitcoin Spot Exchange Reserves were down by 12,500 BTC in the past 2 weeks as price fell by 25%.
Bitcoin Slips to $34.5K, Are Short-Term Holders Behind the Selling Pressure?
Bitcoin has been downtrending since May 5, and liquidation in the market continues over the weekend.
Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record
Ethereum has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark.
Why Ethereum Whales Selling Their Holdings?
Data shows Ethereum whales' address holdings have reduced by more than 3 million ETHs over the last five weeks, indicating that whales have maintained redistribution of their holdings on the market since the Merge.
Ethereum Total Liquidity in DeFi Protocols Climbs to $90.7B, Despite Price Slip
The dominance of Ethereum in the DeFi ecosystem continues to gain steam because total value locked (TVL) in this space surged by 14.43% to hit $90.7 billion.
Social Discussion on Ethereum Hit a 2-Month High, Active Addresses Scale the Heights
Ethereum’s social volume and dominance reached levels last seen in February based on significant discussions about the second-largest cryptocurrency.
Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan
A decreased return in Ethereum's NFT market share is attributed to congestion and high gas fees.
Ethereum Breaches $2,500 and Achieves Its Highest Daily Close
Market analyst Lark Davis has acknowledged that Ethereum has attained the highest daily close ever, topping $2,500, which is bullish.
Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million
The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.
Buying Pressure Builds up on Ethereum Network, Pushing Price Above $1,300 Amid Merge News
Ethereum (ETH) experienced notable momentum that drove the price above $1,300 after news of the much-anticipated merge made the airwaves.
ETH's Average Fees Hit a 10-Month Low, Does Fear and Stagnancy Engulf the Market?
The hiccups experienced in the entire crypto market might have sparked fear and stagnancy in the Ethereum network based on low fee levels.
Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?
DeFi educator Korpi believes the merge of Ethereum will be a game-changer because structural supply will shift to structural buying.
The Number of Non-Zero Ethereum Addresses Hit an ATH
The Ethereum (ETH) network continues to attract more participants because the number of non-zero addresses broke the record at 66,552,716.
The Tale of Ethereum’s 6-Year Journey from Lows of $0.4 to Highs of $4650
ETH has shined so far this quarter because after setting an all-time high (ATH) of $4,400 recently, it soared to new historic highs of $4,650.
Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue
Ever since the London Hardfork or EIP-1559 upgrade went live in August 2021, Ethereum’s supply continues to be depleted based on the burning mechanism incorporated.
Ethereum’s Transaction Volume Hits a 5-Month High
Despite Ethereum (ETH) correcting from the historic high of $4,860 attained recently, the second-largest cryptocurrency is still experiencing high transaction volume on its network.
Ethereum Needs to Hold $2,800 for Sustainable Bullish Momentum
With Ethereum being treated like a stone's throw away from the psychological price of $3,000, its upward momentum continues to gain steam.
Ethereum PoW Fork Token Price Drops Over 60% A Day after Mainnet Launch
ETHPoW was trading as high as $60.68 on Thursday morning after the merge, but on Friday the new token experienced a huge plunge.
Active Addresses of Ethereum Hit Monthly High with $22B Being Staked before the Merge
Ethereum continues to be at the centre stage after undergoing its biggest software upgrade called the Merge. As a result, active ETH addresses have skyrocketed after hitting a monthly high.
Ethereum Merge Might Happen in August as Testing Enters Final Round
Speaking at the Permissionless 2022 Conference in Florida, U.S., Ethereum Researcher Justin Drake disclosed that the merge might happen in August.
Ethereum Stands at Significant Support Based on the Purchase of Over 10 Million ETH
More than 10 million Ethereum was bought between $3,426 and $3,536, which is a very significant supply wall for support.
Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism
Ethereum was up by 19.24% in the last seven days, which is nearly twice Bitcoin's surge during the same period of time.
Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”
Citigroup Inc. or Citi, an American multinational investment bank, disclosed that the merge would make Ethereum (ETH) a deflationary asset. As a result, the second-largest cryptocurrency will become a “yield-bearing asset.”
Ethereum Layer 2 Continues to Gain Steam as ETH Realized Capitalization Soars
Ethereum layer 2 seeks to address the challenge of scalability, given that it’s a distinct network running on top of Ethereum Mainnet (layer 1).
Ethereum Hits 6-Week High amid Addresses in Profitability Surging
Ethereum reached highs of $1,770; a scenario has last seen on June 10 as more momentum continued trickling into the network.
Ethereum Network Continues to Expand as Non-Zero Addresses Hit ATH
Ethereum has been experiencing notable expansion in its networks as new addresses continue scaling heights.
Ethereum Price Retraces Below $1,100 With Plunging Crypto Market, Is ETH's Bull Run Over?
Ethereum is down more than 18% since yesterday, as the ETH dropped below the $1,100 price level. ETH is currently trading near $1,050. Where to next for the Ethereum price?
Will Ethereum's Records Biggest Crypto Exchange Outflow in 2022 Propel More Upward Momentum?
Ethereum witnessed the largest crypto exchange outflow this year, given that coins exited in droves to the tune of more than 180,000 ETH.
Ethereum's Median Fees Drop by 88.7%,Hitting a Two-Month Low
Ethereum traders have a reason to smile because transaction fees dropped from November highs of $34.19 to $3.84 per transaction, representing an 88.7% decline.
Ethereum’s Open Interest Surges to Historic Highs of $13B
Ethereum's open interest has been rising in tandem with the price based on their strong correlation.
Ethereum Address Activity Continues Scaling the Heights
Ethereum has been experiencing an uptick in address activity, which has been instrumental in propelling notable momentum.
Ethereum Supply Diminishes to a Record Low Amid ETH Breaking the Record at $4,400
Ethereum’s record-breaking surge is being attributed to diminished supply and high token circulation.
Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021
With an annual return rate of 399.2%, Ethereum (ETH) has scaled the heights in 2021 thanks to increased adoption and notable upgrades like the London Hard Fork.
Ethereum is Burning at the Rate of 6.29 ETH per Minute
Burnt Ether is edging closer to the 1.2 million ETH mark, given that it's burning at a rate of 6.29 ETH, approximately $24,361, per minute.
Ethereum Price Plunges Below $2000 As Inflation Worries Hit Markets Hard
Ethereum price has tanked $2,000 for the first time since late June.
Ethereum Whales Continue Buying from Weak Hands, Ramping up their Position by 200,000 ETH
In the past few days, whales of Ethereum have been on a buying spree as their tokens accumulation continues.
Ethereum’s Low Median Fees Triggering more Utility, Burn Rate Stands at 6.16 ETH Per Minute
Utility on the Ethereum network is rising thanks to low median fees.
Ethereum Stays Steady Above $3,000 Based on Heightened Social Engagement
For the past ten days, Ethereum (ETH) has pitched camp above the psychological price of $3,000 based on increased social engagement.
Is Ethereum Eyeing A New All-Time High?
Market analysts believe that Ethereum may be aiming for a new all-time high.
Ethereum’s Sentiment Drops as FOMC Meeting Nears
After experiencing considerable momentum, Ethereum’s sentiment has dropped as the Federal Open Market Committee (FOMC) meeting edges closer, according to Santiment.
Ethereum’s Adoption Continues to Tick, Addresses Holding 1 to 10 ETH Cross the 1M Mark
Ethereum is not relenting in its quest to attract more players because addresses consisting of one to ten ETH reached a new milestone by hitting the 1 million mark.
DeFi Users on Ethereum Hit 4M for the First Time
Ethereum DeFi users reached a historic high of 4 million based on continued adoption.
Canada Security Regulator Approves Three Ethereum ETFs In A Single Day
The Ontario Securities Commission has made history again by approving three Ethereum exchange-traded funds in one day.
Ethereum Performs Better than Bitcoin in Annual Returns with a 663% Gain
Ethereum's annual return stands at 663.7%, performing much stronger compared to Bitcoin’s 195.5%.
Ethereum Validators Hit 300,000, Non-Zero ETH Addresses Reach ATH
The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark.
Ethereum Surges Past $1,800 - What's Next?
On-chain metrics provider Santiment has noted that Ethereum's price surge to above $1,800 has triggered crowd skepticism, but this is a bullish sign.
Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH
Ethereum has been experiencing an uptick in different activities, despite the crypto market bleeding triggered by factors like a major liquidity crisis witnessed by leading Asian property developer China Evergrande.
$5,000 Emerge as the Largest Open Interest Strike Price for Ethereum Options
Open interest is rising, with $5,000 being the largest strike price for Ethereum options.
Ethereum’s Speculative Action Goes through the Roof as the Merge Edges Closer
Since the Ethereum merge has been awaited with bated breath by the crypto community, the network’s speculative action has skyrocketed.
Ethereum Takes the Lead in GitHub Development Activity
Ethereum continues to scale heights because it has jumped to the top position in terms of GitHub development activity, according to market insight provider Santiment.
Ethereum Hits a Monthly High above $1,500, Merging Events Continues Engulfing the Market
Ethereum returned to levels last seen in June based on renewed momentum following the popping up of the merging events.
Ethereum’s Upside Appears Limitless as ETH Breaches $2,400 For the First Time Ever
On-chain metrics provider Santiment has delved deeper into Ethereum’s uptrend and noted that its rally to $3k and beyond looks set.
More Money has Flowed into Ethereum than Bitcoin in 2021
Ethereum has emerged as the victor because more money has trickled into its network than Bitcoin in 2021 based on the market capitalization metrics.
South Korea's Crypto Tax Delayed Until Jan 2025
Crypto tax on digital assets in South Korea will be further delayed by another two years, according to an announcement from an official of the Ministry of Economy and Finance tax policy.
Chinese City Eyes Blockchain Applications for Urban Governance and Smart Education
Chengdu, the capital of China’s Sichuan province, aims to develop blockchain applications to revolutionize cross-border trade, urban governance, and smart education by 2022.
Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases
Cardano price at 818 satoshis, trading later at -3.67% at 789 satoshis. Around 29.45 million of the volume was generated during the trading session on Monday.
Decentraland's Virtual Land Sells for a Record Value of $2.4m in Mana tokens
A piece of virtual real estate in Decentraland was sold for a record value of $2.4 million in cryptocurrency, according to Reuters.
Crypto Prices Remain in Red, Shina Inu Falls Over 15%
Cryptocurrencies remain to behave weakly after the weekend.
Litecoin Enters Top 20, Soared Over 28% in The Last 7 Days, Here Is Why
Investors are upbeat about Litecoin since the beginning of this month. The token has outperformed in the past few days, with the market cap reaching $4.91 billion.
ADA Price Surges to $0.50 as Cardano Inches Closer to DeFi with Mary Hard Fork
The ADA token price is up nearly 50% this week as Cardano inches closer to DeFi following the blockchain’s successful Mary hard fork upgrade.
Cardano Elbows Ripple to Take 6th Position, Thanks to Heightened Development Activity
Cardano (ADA) has been scaling the heights because it is now the sixth-largest cryptocurrency after dethroning Ripple (XRP) with a market capitalization of $20.71 billion, according to CoinMarketCap.
Entities Holding Less Than 100 BTC are the Best Survivors amid LUNA's Liquidation
In a bid to salvage the LUNA and UST crash, the Luna Foundation Guard (LFG) liquidated 80,081 BTC, but these coins were received with open arms by entities holding less than 10,000 Bitcoins.
Solana sees Network Instability Amid Crypto Volatility
Solana was hit by instability due to excessive duplicate transactions, according to the notice on the blockchain network's website.
Are Zcash (ZEC) and Horizen (ZEN) Immune To The Ongoing Price Corrections?
Despite the huge loss in the crypto market today, Zcash and Horizen have come away as the top price gainers for today
Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts
As the Russia-Ukraine war rages on, Ukraine has increased the number of digital currencies. It now accepts Dogecoins from donors.
SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap
SUSHI’s trajectory appears promising. It is important to look at why the price is rising, unlike other crypto prices.
Solana Joins BTC, ETH on Bloomberg Terminal
Solana (SOL) becomes the third cryptocurrency after Bitcoin and Ethereum to be added on Bloomberg terminals.
Litecoin Price Analysis Indicates LTC Will Surge Over $200
The Litecoin community grows more excited as LTC surges towards its all-time high of $360.Our technical analysis indicates bullish price movements to come for the altcoin.
LUNA Charts a Bullish Course as Crypto Markets Opens Monday With Gains
Amidst this re-awakening, here is an insight into what the coming week may hold for LUNA ahead of the likely protocol forking.
Chainlink Rises 50% in a Week, LINK Price Rally Set to Break ATH
Chainlink is finally joining the crypto price rally after LINK’s price broke above $16, with our technical analysis indicating there is plenty of room for a rally passed $20 and its ATH.
Goldman Sachs Managing Director Reportedly Resigns After Making Millions from Dogecoin
Aziz McMahon, the managing director of Goldman Sachs' London office, is said to have resigned from his role after earning huge profits from Dogecoin investments.
XRP Price Stable As Grayscale Plans to Dissolve XRP Trust Closing Investment Avenue for Institutions, But Why?
Despite the news that Grayscale’s XRP Trust is going to be dissolved and XRP may lose a significant amount of institutional investors, the XRP price has stabilized—But why?
Four Reasons Why Cardano’s ADA Price is Surging
Cardano’s cryptocurrency ADA has been on a tear this month, doubling in price since the start of February—here are four reasons why the ADA price is surging.
BNB, HT, and FTT Experience a Surge Ahead of Coinbase Listing
Since Coinbase announced its listing, its valuation has gone from 70 billion U.S. dollars to its current value of 91.5 billion U.S. dollars. The direct listing of the exchange had made investors re-examine the future potential of digital currency exchanges and cryptocurrencies. In the past few weeks, the three major platform-derived currencies BNB, HT, and FTT have risen several times.
Aptos Token Price Surged over 30% following First Week of Trading
The price surge is driven by three major factors: negative funding rates, VC support, and the market's recovery.
Solana Elbows Tether to 4th Position amid NFT Secondary Sales Clocking $500M
Days after flipping Cardano (ADA) to become the fifth top cryptocurrency, Solana (SOL) is not relenting in its quest to scale the heights because it has dethroned Tether (USDT) at the fourth position.
Defying Gravity: Why XEM, CRO, and SOL Price are Trending Up Amid Market Downturn
While the market is bearish today, XEM, CRO, and SOL are showing strong resistance and are trending up
Bitcoin Miners’ Accumulation Has Been Consistent for Nearly a Year
Bitcoin miners have consistently accumulated more coins for almost one year, according to market insight provider Glassnode.
Messari Wins the Heart of Steve Cohen as it Raised $21M From Investors
Messari now has $21 million of investors funds pulled from a Series A funding round led by Point72 Ventures.
KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions
KPMG has announced its launch of KPMG Chain Fusion, its patent-pending crypto analytics platform to streamline crypto-related services for financial services and FinTech companies.
KPMG in Canada Acquires World of Women (WoW) NFT
KPMG Canada, a full-service Audit, Tax, and Advisory firm owned and operated by Canadians, have announced it has purchased a World of Women (WoW) NFT.
Wave Financial Acquires Swiss-based Criptonite Asset Management
A US-based regulated digital asset investment management firm makes its first acquisition in Europe. The acquisition paves the way for Wave Financial to make further expansion globally.
Solana Introduces Web3 Mobile Phone Saga
Solana Labs subsidiary Solana Mobile has announced the launch of the mobile phone "Saga" set for launch in 2023.
Moody’s Getting into Crypto Space, Wants to Hire Cryptocurrency Analyst
Moody’s Investors Service Limited is the latest leading corporation getting interested into the world of cryptocurrency. The major credit rating firm announces plans to hire a cryptocurrency analyst.
Only1 Launches First Web3.0 Social NFT Platform Built on Solana
Only1, a decentralized web3 social platform, is set to revolutionize how consumers use the social media landscape. Only1 pivots into a creator economy solution to eliminate intermediaries and allow creators to monetise their content easily.
Solana Network Goes Offline Amid Massive SOL Price Plunge
The Solana blockchain network has been down for several hours, an incident that adversely affected the price of SOL cryptocurrency. Restoration efforts are underway.
Ripple Opens First Office in Canada with New Growth Plan
Ripple has opened its first regional office in Canada as part of its strategy to increase access to its users.
Solana Network Resume Operation after Long Hours Shutdown
The Solana blockchain network is back online after several hours of outage that denied users to transact digital asset products.
George Soros’s Family Office Confirms Trading Bitcoin
The investment firm owned by billionaire investor George Soros is the latest family office to invest in Bitcoin and see cryptocurrencies as a hedge against inflation.
CoinShares Acquires Napoleon Asset Management, Expanding into EU Markets
The deal underscores interesting points about CoinShares. The digital asset firm has bought its rival based in France to double down on European Union expansion.
Canadian Tax Agency Asks Coinsquare Crypto Exchange to Hand Over Clients Personal Data
The Canada Revenue Agency has requested a judge of the Federal Court to force a crypto exchange to hand over information about all its customers.
Bitcoin Flows into Ethereum Network and Corporate Treasuries as WBTC
Throughout 2021, Bitcoin’s circulating supply has experienced significant changes as part of it has flowed into the Ethereum (ETH) network, exchange-traded investment vehicles, and corporate treasuries in the form of WBTC.
Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023
USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.
Data-Hungry: Official Trump 2020 Election App Collects User Data of Voters
US president Donald Trump’s campaign app “Official Trump 2020 App” raised a lot of skepticism, as it has been uncovered that the election app collected mast amounts of sensitive information on his voters.
Julian Assange Supporters Raise over 12,500 ETH via DAO for his Freedom
Donors have formed AssangeDAO to free WikiLeaks founder Julian Assange from extradition to the United States and facilitate his freedom from prison.
Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist
Crypto entrepreneur Akon has announced that he will be endorsing Brock Pierce’s presidential campaign and joining the crypto venture capitalist’s campaign team.
Indian State Eyes Blockchain Technology to Facilitate Remote Voting
The government of Telangana, a southern Indian state, is moving forward with its objective of making the voting process seamless and trustworthy with the help of blockchain technology.
Crypto Advocate Pierre Poilievre Elected as Leader of Canada's Conservative Party
Bitcoin-friendly Pierre Poilievre was elected leader of the Conservative Party of Canada on September 11.
Panama Looks to Legalize Bitcoin and Ethereum in Line with El Salvador
Panama has introduced a crypto bill with the aim to legalize Bitcoin and cryptocurrencies.
Indian State Plans to Combat Fake COVID-19 Vaccines with Blockchain
The administration of Telangana, a southern Indian state, intends to avert any attempt of hoarding or black-marketing of COVID-19 vaccines using blockchain technology.
Coinbase Appoints Marc Andreessen in Management Reshuffle Ahead of Potential IPO
Coinbase has made a board reshuffle that sees the additions of Silicon Valley mogul Gokul Rajaram and ventures capitalist Marc Andreessen. The reshuffle comes amid rumor of a potential Coinbase IPO.
SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace
The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.
Coinbase Requires Regional Users to Provide Recipient Details for Crypto Transfers
Coinbase will require regional users to provide recipients' names and addresses whenever they transfer funds to other firms or exchanges, effective in April.
Market Downturn Triggers Delisting of Crypto ETFs in Australia
Crypto winter is considered to have caused low demand for such ETFs in Australia. Cosmos Asset Management said it plans to delist three of its cryptocurrency ETFs on the Cboe stock exchange.
Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service
CEO of Coinbase Brian Armstrong sold his blockchain analytics software to US Secret Service, and addressed any worries investors might have concerning privacy issues.
Simplify Asset Management Files Application of the "MAXI" Bitcoin ETF
According to filings with the U.S. Securities and Exchange Commission (SEC), a Registered Investment Adviser Simplify Asset Management filed the application for Simplify Bitcoin Strategy Risk-Managed Income ETF under the ticker symbol MAXI.
Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service
Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.
Bitcoin Futures Exchange BitMEX to Block Ontario Crypto Traders
Cryptocurrency derivatives exchange BitMEX announced today that it planned on removing its trading platform services from a Canadian province.
Coinbase Cloud Adds Solana Archive Node
Blockchain infrastructure protocol Coinbase Cloud launches Solana Archive Node to help developers build better products and services on Solana.
Crypto Exchange OKX Unveils Precautionary Measures Ahead of the Ethereum Merge
With the Ethereum merge just around the corner, crypto exchange OKX has given a service update that includes suspension of ETH deposits and withdrawals during the much-anticipated event.
Robinhood Rolls Out Tokens Offerings, Adding SOL, SHIB, MATIC & COMP
To meet customer requests for a broader selection of cryptocurrencies, American financial services company Robinhood has listed Shiba Inu, Solana, Polygon and Compound.
African Crypto Exchange Yellow Card Taps VASP License in Botswana
Pan-African exchange Yellow Card has tapped the VASP license to operate in Botswana
Thousands of Solana Wallets Hacked, Estimates of Damage Unclear
The hack on Wednesday was executed after a flaw was exploited to suck out cryptocurrencies from 8,000 crypto wallets where owners stored their funds, the Solana Foundation announced.
RyanAir CEO Declares Bitcoin a Ponzi Scheme, Urges Public Boycott
RyanAir CEO Michael O’Leary has declared Bitcoin (BTC) a Ponzi scheme and has urged the boycott of the premier digital currency.
New Darknet Markets Launch Despite Exit Scams as Demand Rises for Illicit Goods
Despite the recent amount of exit scams on dark web platforms, the darknet sector has seen increasing growth, with new marketplaces launching every year.
Canada should 'plant a flag' in crypto, Says Wealthsimple Co-founder
The head of Crypto and stock trading platform Wealthsimple said the Canadian government should work on growing cryptocurrency and blockchain companies in the country.
Despite Interest Rate Hike, Bitcoin is at an Inflection Point - Bloomberg Strategist
As Bitcoin continues ranging between the $29K and $30K zone, the leading cryptocurrency’s inflection point is at $30,000, according to Mike McGlone, the senior commodity strategist at Bloomberg Intelligence.
Token Metrics CEO: Bitcoin Price Increase to $26k likely, $32k Possible, and $40k Outlandish
Bitcoin's market rise today is historic, with the price currently sitting at over $21,770 we are officially in uncharted territory - At what price level will the BTC bulls rest?
Experts Suggest Merely Tokens Might Survive after LUNA's Collapse
Major market players have explained the key to the future of cryptocurrencies. However, some of them suggest only merely tokens might survive after LUNA's event , taking reference to the bubble outbreak of Dot-Com's collapse.
Bitcoin $30K Resilience Amid Crypto Meltdown and Stablecoin Crash Shows its Brilliant Architecture - PayBito CEO
Despite Bitcoin’s slashed valuation in the past few months, the leading cryptocurrency has steadily held the $30,000 level because of its unique decentralized proof-of-work (PoW) mechanism, according to Raj Chowdhury, the CEO of crypto trading platform PayBito
Thai Energy Billionaire Sarath Ratanavadi Boosts Investment in Crypto
Thailand’s second-richest billionaire, Sarath Ratanavadi, has said he’s increasing investments in the blockchain ecosystem, despite the crypto industry’s bitter winter.
Elliptic Hires OakNorth's Jackson Hull as Chief Technology Officer
As CTO, Hull will be responsible for taking Elliptic into the next phase of its product and technology growth, leading one of the major blockchain analysis providers.
PwC Veteran Quits Role to Establish Digital Asset Fund in Dubai
Henri Arslanian, the former Global Head of crypto of PricewaterhouseCoopers (PwC), has launched his own crypto-dedicated venture capital firm, Nine Blocks Capital Management, and has chosen Dubai as the outfit’s base of operation.
Recent Crypto Sell-Off Hasn’t Deterred Investors, Grayscale CEO Says
Investors are still optimistic despite the current market crash, said Grayscale's CEO.
ADA Price Surges Over 100% As Cardano Goguen Update Set For March
The ADA price surged by over 100% this week and with Cardano’s Goguen update and functional smart contract integration set for March, ADA’s price rally looks far from over
Mango Markets DEX Raises $70M through MNGO Tokens Sale
Mango Markets decentralized exchange (DEX) has raised around $70 million through its MNGO tokens sale.
Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.
Uniswap Sets New All-Time High Ahead of Coinbase Public Listing
Coinbase’s public debut this week has drawn numerous investors' attention to DeFi tokens and served to push altcoins higher.
DeFi Growth Outlook for 2021: From $18.71B to $258.58B
According to data from DeFiLlama, the DeFi ecosystem, encompassing the top blockchain networks saw a massive growth surge from $18.71 billion in Total Value Locked (TVL) as of Jan 1, 2021, to $258.58 billion it is pegged at as of today.
Fantom Price Surges 20% amid Andre Cronje's Unexpected Comeback
Andre Cronje is rumoured to have come back to work at Fantom blockchain network. Fantom prices reacted positively and are now up.
3 Platforms Making DeFi More Inclusive
Decentralized finance (DeFi) is taking the world by storm. Owners of cryptocurrencies can unlock an alternative financial system that offers better rewards than traditional bank accounts and carries more risk. Several trends in the DeFi space are emerging lately, as are the new protocols trying to capitalize on this momentum.
DeFi TVL Rebounds to the $54 Billion Mark, Eth-based MakerDAO Remains Dominant Lender
The total value locked (TVL) in DeFi rebonds to approximately $54 billion currently. The TVL has been down since October 12, trading between $53.7 and $53.29 billion level.
Phantom Wallet Says Solana Hack Did Not Come From Systems
Blockchain wallet services provider Phantom has shared the update from its investigation into the security breach that affected top hot wallets built on the Solana protocol last week.
Global NFT Market Expected to Hit $97.6B by 2028, Recording a CAGR of 31.6%
Since non-fungible tokens (NFTs) help build authentic intellectual property, this is one of the key drivers expected to push the sector to a $97.6 billion valuation by 2028, according to a report by Research and Markets.
OpenSea Signals Integration of Solana NFTs by April
Solana NFTs will be available for buying and selling on OpenSea's website by April, the company signalled via a video on Twitter.
Dolce & Gabbana Bags $6M from Fashion NFT Collection “Collezione Genesi”
Leading Italian luxury fashion house Dolce & Gabbana sold a nine-piece collection of fashion NFTs dubbed Collezione Genesi for a whopping $6 million.
Solana NFTs Go Live on OpenSea
Top non-fungible token (NFT) marketplace OpenSea's long-anticipated integration with Solana has finally gone live.
Dolce & Gabbana Launches First NFT Collection "Collezione Genesi"
Dolce & Gabbana is entering into the NFT metaverse with the launch of its 9 piece collection.
Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain
Expansion into the Ethereum blockchain is set to enable Magic Eden to integrate Ethereum NFTs into its platform.
Ex-US President’s Wife Melania Trump Releases Her First NFT, Price at 1 SOL
Former US President Donald Trump’s wife Melania Trump released her first NFT token which will run on the Solana blockchain.
WWE Inks Deal with Fanatics to Offer Fans an Enhanced NFT Experience
To render its fans a new experience through non-fungible token (NFT) trading cards, World Wrestling Entertainment (WWE) has signed a deal with digital sports platform Fanatics.
Krafton Partners with Solana Labs to Develop blockchain-based Games
Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world.
Binance.US to Establish Office in Portals, the Metaverse Platform on the Solana Blockchain
The US branch of the world-leading Binance exchange, Binance.US, is opening an office in Portals, the Metaverse platform on the Solana blockchain.
Cryptocurrency Payments now Accepted at Tifon Gas Stations in Croatia as Firm Hopes to Tap Tourist Trade
Croatia's Tifon is keen on introducing crypto payments to enable tourists to use Bitcoin and ETH to pay for fuel and other services at designated gas stations.