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Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin
Billionaire Mark Cuban revealed in a past interview that his team, Dallas Mavericks, is accepting Bitcoins for tickets and merchandise. Cuban has been a sharp critic of crypto in the past but it seems like his view has changed.
Is the Crypto Market about to Burst? Mark Cuban Compares Crypto Downtrend to Internet Stock Bubble
Shark Tank investor Mark Cuban says that the current crypto market is similar to the internet stock bubble of 1990 but that BTC and ETH will thrive regardless.
Billionaire Shark Tank Investor Mark Cuban Changes Tune on Bitcoin as Store of Value
Mark Cuban, a billionaire entrepreneur who is famed for his investor role on Shark Tank - where aspiring entrepreneurs pitch their business models -has watered down his Bitcoin criticism as he views it as a store of value.
Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark
As President Donald Trump advised state governments to leverage the National Guard in response to civil unrest and protest, Bitcoin’s price surged past the $10,000 mark.
Mark Zuckerberg's Sister Randi Zuckerberg Shows Her Support For Bitcoin & Ripple
Randi Zuckerberg, Mark Zuckerberg's sister has lately been showing her immense support and interest in the cryptocurrency market, particularly for Bitcoin and Ripple XRP. She runs a satellite radio show SiriusXM which hosted three cryptocurrency experts who were very bullish on Bitcoin and the cryptocurrency market as a whole.
Bitcoin Price Surges Over the $10,000 Mark—Traders Expect it to Edge Higher
Bitcoin price crossed the $10,000 mark on July 26, reaching its highest level in almost two months. Bitcoin (BTC) is trading around the $10,248 level at press time. The last time Bitcoin was at the $10K level was on June 10.
Why Bitcoin Doesn’t Feel Like a Bull Market
Why does everybody still act like bitcoin is in a bear market?
Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs
The Abu Dhabi Global Market (ADGM) is building out a regulatory framework that may make trading platforms or exchanges that have licenses to operate within the free trade zone to trade NFTs.
US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling
The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based Wilshire Phoenix.
Brazil’s Securities Market Regulator Targets Mercado Bitcoin over Token Sale
Brazil's regulator has ordered Mercado Bitcoin, the largest local crypto exchange, to provide information on fixed-income tokens the exchange has issued over the last two years.
Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs
The Securities and Exchange Commission has amended its maximum fundraising limit for Small and Medium Enterprises a move that will benefit smaller blockchain firms.
Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations
The Nigeria Securities and Exchange Commission has announced a proposed crypto regulation guideline.
UK Financial Regulator Restricts Binance Crypto Business
The United Kingdom Financial Conduct Authority (FCA) issued a restriction to Binance, requesting Binance Markets Limited to remove all advertising and financial promotions and close the business by the evening of this Wednesday.
Corrupt Cop Sentenced to Prison for Accepting Bitcoin Bribe from Dark Web Drug Dealer
A former police officer has been sentenced to 8 years in prison for accepting a Bitcoin bribe from a dark web dealer, in exchange for his professional services.
Bitcoin Could ‘Double in Price’ Under CFTC Regulation, Says Chairman Behnam
CFTC-led regulation has the potential to bring confidence and stability to the crypto market, according to Chairman Behnam.
The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings
The US Securities and Exchange Commission has issued its first case involving the decentralized finance market by charging the founders of DeFi Money market for raising $30 million through fraudulent offerings.
China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay
In a move similar to the US antitrust hearing, the People’s Bank of China has prompted the nations top antitrust body to probe Alipay and WeChat
SEC Chair Calls for Open Dialogue in Pursuit of a Regulated Crypto Market
Gary Gensler will call on crypto stakeholders to come and talk to the SEC at his hearing with the Senate Banking Committee on Tuesday
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.
China Creates New Regulatory Authority for Blockchain Products and Digital Payments
Earlier this month, China's President Xi Jinping made announcements on blockchain prompting banks to begin investing in the industry. In line with this, it is reported the next direction will be a new digital currency for citizens in China to use.
FTX Exchange's Proposal Becomes the Focus of CFTC Chair's Hearing in Congress
Rostin Behnam, the chairman of the Commodity Futures Trading Commission (CFTC) was at a hearing, one of the core subjects of discussion was a proposal from FTX Derivatives Exchange.
Canadian Regulator Charges Coinsquare Executives For Crypto Market Manipulation
Coinsquare executives have resigned following a settlement with the Ontario Securities Commission.
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.
First Crypto-Native Bank to be Launched in the United States by Former Wall Street Executive
Former Wall Street executive and blockchain laws advocate Caitlin Long has seized the opportunity to establish the first crypto-native bank in the United States. This opportunity came as an advantage as the Wyoming legislature has been progressive, and Long previously helped Wyoming to enact thirteen blockchain-enabling laws.
CoinMarketCap Users Says Exchange Rankings Make No Sense
CoinMarketCap is a renowned cryptocurrency and exchange data aggregator. Recently purchased by Binance, the site is currently under fire from users who claim that exchange rankings are being manipulated.
Crypto.Com, BlockFi Announce Massive Layoffs as Economic Crisis Bites
More companies including Crypto.Com and BlockFi announced massive layoffs due to a downturn in their financial valuations amid the wider cooling of the market.
More Than 1,000 Crypto Deals Sealed for Venture Capital Firms, Worth $17bn in 2022
Venture Capital (VC) firms continue penetrating the crypto sector, given that they have pumped in $17 billion so far this year.
Veteran Trader Peter Brandt Warns Bitcoin Can Go Below $1000
After the roller coaster ride of Bitcoin early this morning, veteran market trader Peter Brandt comes out with a bold statement saying that Bitcoin price may go even down to as low as $1000.
Trademark Applications Show Western Union Entering Crypto Space
Western Union has registered trademark applications associated with cryptocurrency and related financial instruments.
HSBC and Wells Fargo Utilize Blockchain Technology, Enhancing Foreign Exchange Transactions
HSBC and Wells Fargo have formed a strategic agreement to use a settlement ledger powered by blockchain technology when undertaking foreign exchange (FX) transactions meant to minimize settlement risk.
AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression
AI and 5G integration with Blockchain Infrastructure will form the foundation of China's New Deal To Combat the Second Great Depression
Blockchain Technology in the Healthcare Market Expected to Contribute $121Bn by 2030
Blockchain technology in the healthcare market is expected to reach an annual growth rate (CAGR) of 68.3% between 2022 and 2030, according to a study by Market Research Future (MRFR).
Binance Acquisition of CoinMarketCap for $400M Just a Stone’s Throw Away
Binance, one of the largest crypto exchanges globally, is reportedly ready to splash out nearly $400 million USD to attain CoinMarketCap, the most popular crypto data aggregator. It is alleged that the deal is in the final stages, and it is just a matter of time before it is revealed later this week.
Crypto firms to Form Coalitions by Promoting Market Integrity, against Market Manipulation
Reportedly, Crypto firms, led by risk monitoring software firm Solidus Labs, are forming a coalition to combat market manipulation in an effort to win for trust across the digital asset industry.
US' 2022 Web3 Trademark Filings 3 Times Over 2021's Total So Far
In 2021, a total of 2,142 NFT-related trademarks were filed, but by the end of September 2022, there were at least over 6,000 such trademarks submitted, data shows.
Crypto Social Activities Hit ATH with Over 6.9 Billion Engagements amid FTX Crisis
The unfolding FTX saga has made social engagement, social mentions, and social contributions reach historic highs in the crypto market, according to social intelligence company LunarCrush.
Ziglu Mobile Banking App Makes Cryptocurrency Easy for Everyone
Ziglu, the first UK regulated cryptocurrency bank, has launched its platform app after successfully completing its testing phase.
Market Researcher States That Bitcoin is an Indicator for Geopolitical Turmoil
Nicolas Colas, a market researcher and Co-founder of market research firm DataTrek Research, says that Bitcoin could be used as an indication for geopolitical turmoil.
Coronavirus Measures in China Delay Crypto Hardware for MicroBT and Bitmain Customers
The coronavirus is causing mass disruption throughout Asia and has now been declared a ‘global health emergency’ by the World Health Organisation. The Chinese government have taken drastic isolation measures and over 40 million people are effectively on lockdown. Two major crypto hardware manufacturers have been having difficulties servicing clients from their bases in China.
Goldman Sachs Explores Development of its Own Digital Token
Leading global investment bank Goldman Sachs is examining options of creating its own cryptocurrency. The bank has appointed Mathew McDermott as the worldwide head of digital assets to spearhead the realization of this dream.
Crypto Downturn Hits Luxury Watches Market Sales
Reports show that crypto traders and users are more likely to purchase luxury items. The meltdown in crypto prices has directly impacted the pricing of luxury watches.
New Crypto Fraud Scheme In South Korea: What Rules Are in Place to Stop False Advertising?
The Ponzi scheme disguised as a crypto platform managed to acquire over $380 million USD for the CEO and other company staff. Corner Up was promising estimated returns of up to 200% to investors for each investment made.
Mastercard Blockchain to Trace Produce for the Largest American Food Group
Mastercard is collaborating with Envisible, a supply-chain company, to allow the traceability of the origin of food products via Mastercard's blockchain-based Provenance Solution.
Nestle Partners with Carrefour To Track Origin of Baby Milk Products Using Blockchain
The adoption of blockchain has great impacts on supply chain management and all activities related to the production processes of an organization. The latest news indicates that Nestle and Carrefour have partnered to track the supply chain of baby milk products using blockchain.
Crypto Market Cap Slumps Below $900B for the First Time Since Jan 2021
The downfall of FTX has stirred a slump in the combined crypto market cap below $900B
Blockchain Usage in the Retail Market Expected to Increase 12-Fold, Hitting $2.08B by 2028
Blockchain technology is expected to continue streamlining the retail market, given that its usage is anticipated to increase 12-times to reach $2.082 billion by 2028 from $172.22 million recorded in 2021.
Intercontinental Exchange Plans to Launch Bakkt Bitcoin USD Cash Settled Monthly Futures
Singaporean Intercontinental Exchange (ICE) announced its plan to launch the Bakkt Bitcoin (USD) Cash Settled Monthly Futures, the first well-regulated futures platform for cryptocurrencies, on December 9.
Blockchain.com Slashes 25% Workforce amid Crypto Meltdown
Massive layoffs continue engulfing the crypto market. Blockchain.com took the latest actions by reducing its workforce by 25%.
University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens
The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.
CoinMarketCap's proof-of-reserve tracker
CoinMarketCap, a renowned crypto market researcher, launched a new function. PoR tracker analyzes bitcoin exchanges for liquidity transparency. Binance's wallet addresses list nearly $65 billion. KuCoin, Bitfinex, OKX, Bybit, Crypto.com, and Huobi have PoR information.
Tesla's Biggest Drop Indicates a Stock Market Downtrend—Implications for the Bitcoin and Crypto Market
Yesterday, Tesla stocks plunged dramatically, suffering their biggest loss since going public.
Public Pension Funds Eroded by Headwinds from Crypto Winter
The fall in crypto prices has caused a contagious impact on investment products, including public pension funds that recently dipped their toes into the crypto pool.
Polish Crypto Exchange BitMarket Co-Owner Found Dead
According to the local news, Niemiro was found dead in the city of Olsztyn near his residence, it was suggested that Niemiro had committed suicide.
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.
Binance Acquired CoinMarketCap: A Huge Boost to the Binance "Super Exchange" Ecosystem
Binance, one of the largest digital asset exchanges in terms of trading volume and users, has officially announced the acquisition of CoinMarketCap for an undisclosed fee. According to the press release shared with Blockchain.News, the acquisition creates synergies for both companies in boosting cryptoassets adoption to global users.
BitMEX Co-Founder Ben Delo Faces Class-Action Lawsuit Over Alleged Market Manipulation
BitMEX co-founder Ben Delo faces a class-action lawsuit over alleged market manipulation, with a U.S. judge ruling that he played a central role in designing a liquidation system that allowed the exchange to profit from the scheme.
US Lawmaker Mike Collins' $65K Ethereum Investments: Navigating Ethics and Market Dynamics
Rep. Mike Collins discloses purchasing up to $65,000 in Ethereum in early 2024, amid market surges and political events. His actions, while legal under the STOCK Act, raise questions about ethical implications and the need for stricter regulations in lawmakers' digital asset investments.
Machi Big Brother's recent NFT sell-off
Machi Big Brother, the NFT whale, discharged 90 BAYC, 191 MAYC, and 308 Otherdeed NFTs, among others.
FTX US and Alameda Research File Complaint Against FTX Digital Markets
FTX US and Alameda Research have filed a complaint against FTX Digital Markets, alleging that the Bahamas-based company was a "fraudulent enterprise" used to conceal the issue of the firm's ownership. The complaint claims that the claims made by FTX Digital Markets will harm FTX.com customers and other creditors of the FTX Debtors as the company continues with bankruptcy proceedings in the United States.
ProShares to Launch First Ether ETF and Blended Crypto Funds
ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.
DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis
Digital Currency Group paid up all short-term loans to Genesis, a previous bitcoin lending platform, as promised. DCG repaid $700 million in 2023 despite crypto sector woes. Genesis filed for bankruptcy in early 2023 after a withdrawal halt due to obligations of over $3.5 billion to its principal creditors. The bitcoin market is changing significantly with this development.
Kraken Amplifies European Footprint with BCM Acquisition
US-based cryptocurrency exchange, Kraken, has announced its plan to acquire Dutch crypto broker BCM as part of its European expansion strategy. This move aligns with the new MiCA regulatory framework, promoting a favorable investment climate in the region. The acquisition will enhance Kraken's service offerings and market position in the Netherlands.
Bakkt's Strategic Expansion Leads to Significant Revenue Growth Amid Crypto Market Recovery
Bakkt Holdings forecasts a substantial revenue increase and a 70% decline in operating cash flow usage for FY 2024, following a robust year of strategic advancements.
Global Supply Chain Financing: A New Era of Resilience and Diversification
Citi's 2024 report on supply chain financing highlights a shift towards resilience and diversification in global trade, emphasizing technological innovations and the adoption of the China Plus One strategy.
Binance NFT Ceases Support for Bitcoin NFTs
Binance NFT discontinues Bitcoin NFT trades and deposits, advises withdrawals by deadline, and details distribution of Runestone NFTs and tokens.
Bitcoin Hodlers Experience Profits on Majority of Trading Days
Bitcoin's profitability challenges the narrative of depreciating volatility. 88.50% of Bitcoin's tradable days were profitable for hodlers, with just 11.56% being unprofitable. Understanding market cycles is crucial for investors, while some prefer daily trades. General Bytes shut down its cloud services due to a discovered security vulnerability.
Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters
Congresswoman Maxine Waters scrutinizes Meta's trademark applications, filed in March 2022, suggesting the company's continued involvement in the digital assets ecosystem, despite previous assurances of no ongoing projects in this area.
Avraham Eisenberg, Mango Markets Exploiter, Charged with Possession of Child Pornography
Avraham Eisenberg, convicted of fraud and market manipulation in a $110 million Mango Markets heist, has been charged with possession of child pornography after discovering explicit images of minors on his electronic devices.
Robinhood Crypto Launches Staking and Localized Apps for European Market
Robinhood Crypto introduces localized apps, staking, and updated Learn & Earn modules for European customers, strengthening its foothold in the region.
BitMEX Introduces Change of Mark Method for NOTUSDTK24
BitMEX announces the change of Mark Method for NOTUSDTK24 to Fair Price marking.
Ethereum (ETH) Ecosystem Evolves: Staking, DeFi, and Derivative Markets
Insights from the Coinbase x Glassnode Q2 report about the evolution of Ethereum's Ecosystem.
Binance Invites Small to Medium Projects for Listing Opportunities
Binance calls for small to medium-sized projects to apply for various listing programs, enhancing the development of the blockchain ecosystem.
Glassnode Introduces Breakdown Metrics to Identify Local Bottoms in Bull Market
Glassnode launches a suite of new metrics to help traders identify local bottoms in a bull market.
Animoca Brands Announces Plan to Buy More EDU Tokens
Animoca Brands discloses its intent to acquire more EDU tokens from the open market.
Analyzing Market Making Dynamics on Uniswap (UNI)
Explore the intricate dynamics of liquidity supply and demand on Uniswap.
Bitcoin (BTC) and Stablecoins Threaten Emerging Market Currencies, Report Suggests
Bitcoin and stablecoins are posing a significant threat to weak emerging market currencies, according to CoinShares.
Bitcoin (BTC) Enters Accumulation Phase Amid Market Adjustments
Bitcoin (BTC) enters accumulation phase as market adjusts post-all-time high.
Crypto Market Surges in May with Key Regulatory Approvals
Crypto market up 8.6% in May, driven by favorable regulations.
a16z Crypto: Key Strategies for Finding Product-Market Fit in Web3
Explore five essential strategies for achieving product-market fit in the Web3 space.
IBM Introduces Efficient LLM Benchmarking Method, Cutting Compute Costs by 99%
IBM's new benchmarking method drastically reduces costs and time for evaluating LLMs.
BitMEX Updates Mark Method for TKOUSDTZ24 to Fair Price Marking
BitMEX transitions TKOUSDTZ24 to Fair Price marking from June 6, integrating a robust index.
Pointdot Leverages Leonardo's AI Suite to Revolutionize Marketing Campaigns
Pointdot utilizes Leonardo's AI tools to enhance marketing campaigns, offering innovative solutions to clients.
HKMA Adjusts Countercyclical Measures for Property Mortgage Loans
The Hong Kong Monetary Authority (HKMA) announces technical adjustments to countercyclical macroprudential measures for property mortgage loans.
BitMEX Implements Fair Price Marking for IOUSDTM24 Contract
BitMEX updates IOUSDTM24 contract to Fair Price marking as of June 12, 2024.
HK SFC: Sentencing Adjourned in Market Manipulation Case
Sentencing in a significant market manipulation case has been postponed, according to the Securities and Futures Commission.
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.
SFC Celebrates 35 Years, Outlines Future Vision for Hong Kong’s Capital Markets
The Securities and Futures Commission (SFC) marks its 35th anniversary, detailing strategic plans for Hong Kong's financial future.
Hong Kong Monetary Authority Updates Telemarketing Code to Limit Calls
The Hong Kong Monetary Authority has introduced a revised Code of Practice for telemarketing to enhance consumer protection and limit call frequency.
BitMEX Updates Mark Method for ZKUSDTZ24 to Fair Price Marking
BitMEX changes the Mark Method for ZKUSDTZ24 to Fair Price marking, enhancing price accuracy by using a robust index.
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.
Sui's Fastcrypto Library Sets New Speed Records in Cryptography
Sui's Fastcrypto library achieves new speed records in cryptographic functions through continuous benchmarking, as highlighted at the ICPE 2024 conference.
Binance Adds JPY Market to Fiat Liquidity Provider Program
Binance updates its Fiat Liquidity Provider Program, adding the JPY market and revising performance review and rebate mechanisms.
Serial Founder Ben Rubin Discusses Product Market Fit and Web3 Innovations
Ben Rubin, creator of Meerkat and Houseparty, shares insights on finding product market fit and his new venture in Web3 with a16z crypto.
ETF Outflows and Market Pressures: Is a Bottom for Bitcoin (BTC) Near?
Examining the recent ETF outflows and various market pressures impacting Bitcoin (BTC) and the broader crypto market, with insights from Bitfinex Alpha.
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.
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.
Bitcoin (BTC) Nears Potential Local Bottom Amid Market Volatility, Reports Bitfinex Alpha
Bitfinex Alpha reports Bitcoin (BTC) nearing a local bottom amid market volatility, influenced by German government and Mt. Gox sales fears.
Q2 2024 Crypto Market Review: Bitcoin Halving and Ethereum Activity Surge
The Q2 2024 crypto market saw Bitcoin halving and record activity on Ethereum, despite declines in major indices, according to Bitwise Investments.
Post-Halving Crypto Market Sentiment: Mixed Reactions Among Investors
A recent survey reveals a divided crypto market sentiment two months after the Bitcoin Halving, with nearly half of the participants remaining bullish.
Crypto Enthusiasts Still Believe in Bull Run, Survey Shows
A survey by CoinGecko reveals that the majority of crypto participants believe the bull run is not over, with significant optimism among investors.
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.
CoinGecko Report: Crypto Market Declines 14.4% in Q2 2024 Amid Key Developments
CoinGecko's Q2 2024 report reveals a 14.4% decline in the crypto market, with Bitcoin's halving, mining hash rate drop, and trading volume shifts.
Bitcoin (BTC) Shows Resilience Amid Market Volatility, Says Bitfinex Report
Bitcoin's recent price surge signals market resilience, but analysts urge caution amid ongoing volatility, according to Bitfinex Alpha 113.
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.
Arkham CEO Miguel Morel to Speak at Merge Madrid on Crypto Markets
Arkham CEO Miguel Morel is set to speak at Merge Madrid, discussing crypto markets and the future of on-chain intelligence.
CoinGecko: Comparing Bitcoin (BTC) & Ethereum (ETH) vs Magnificent Seven by Market Cap
Explore the market cap growth of Bitcoin and Ethereum against the 'Magnificent Seven' tech stocks from 2019 to 2024, highlighting key trends and performance.
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.
Julia Leung Delivers Keynote at Bond Connect Anniversary Summit 2024
Julia Leung's keynote at the Bond Connect Anniversary Summit 2024 highlights market integration and future prospects.
CME & Glassnode Release Comprehensive Report on Digital Asset Trends for H1 2024
CME Group and Glassnode unveil a detailed report on digital asset market trends for H1 2024, providing key insights for institutional investors.
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 SFC Announces Timeline for Uncertificated Securities Market
Hong Kong's SFC unveils a timeline to implement an uncertificated securities market, marking a significant shift in the region's financial landscape.
Binance Research Reports 37.3% Growth in Crypto Market for H1 2024
Binance Research reveals a 37.3% growth in the crypto market for the first half of 2024, driven by strong performance in Layer-1s, DeFi, and stablecoins.
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.
Bullish Signals Propel Bitcoin (BTC) to 39-Day High Amid Market Resilience
Bitcoin (BTC) hits a 39-day high of $68,560 amid strong bullish signals, ETF inflows, and market resilience, according to Bitfinex Alpha.
Three Sentenced in Landmark Market Manipulation Case
Three individuals have been sentenced to prison terms ranging from 52 to 80 months in a landmark market manipulation case, according to the SFC.
Bitcoin (BTC) Surges Amid Positive Market Signals, Reaches 39-Day High
Bitcoin (BTC) hits a 39-day high at $68,560, recovering over 29% from its July lows, driven by strong market signals and increased investor confidence.
Bitcoin (BTC) Rebounds Over $68K, Boosting Perpetual Futures Activity
Bitcoin rallies over $68K, driving perpetual futures activity and providing relief to Short-Term Holders with 75% of their coins now in profit, according to Glassnode Insights.
Ontario Capital Markets Tribunal Terminates Bitfarms’ Poison Pill at Riot's Request
Riot Platforms successfully convinces the Ontario Capital Markets Tribunal to terminate Bitfarms' Poison Pill, aimed at protecting shareholder rights.
Binance Leads But Faces Competition: 2024 Centralized Crypto Exchange Market Share Report
Binance retains the top spot with 46.6% market share, while Bybit and Gate show significant growth. Upbit experiences the largest drop.
Coca-Cola Leverages NVIDIA Omniverse to Enhance Generative AI Marketing
The Coca-Cola Company partners with WPP and NVIDIA Omniverse to scale generative AI for global marketing campaigns, ensuring brand authenticity and hyperlocal relevance.
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.
NVIDIA Enhances Digital Marketing with Advanced Generative AI Solutions
NVIDIA introduces advanced generative AI technologies to revolutionize digital marketing, empowering agencies with tools for brand-accurate visuals and efficient advertising.
Llama 3.1 Shows Diverse Results Across Providers, Highlighting Benchmarking Challenges
Llama 3.1, an open model, demonstrates varying performance across providers, emphasizing the importance of benchmarking, according to together.ai.
Top 10 Charts Highlight Significant Trends in Crypto for H1 2024
Binance Research reveals key insights from H1 2024, showing a 44% rise in crypto market cap and notable performances from Bitcoin and Ether.
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.
Evaluating AI Systems: The Critical Role of Objective Benchmarks
Learn how objective benchmarks are vital for evaluating AI systems fairly, ensuring accurate performance metrics for informed decision-making.
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.
Ethereum (ETH) Leads as Digital Asset Inflows Rebound Amid Market Correction
Ethereum sees significant inflows amid market correction, leading the digital asset fund recovery with $155m in new investments.
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.
NVIDIA NIM Utilized for Advanced Financial Market Scenario Generation
NVIDIA NIM leverages generative AI for advanced financial market scenario generation, aiding risk management and investment decision-making.
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.
Hong Kong's Market Growth and Regulatory Strides Highlighted in SFC's Quarterly Report
The SFC's latest quarterly report highlights Hong Kong's market growth, strengthened international ties, and regulatory progress.
NVIDIA Launches GenAI-Perf for Optimizing Generative AI Model Performance
NVIDIA introduces GenAI-Perf, a new tool for benchmarking generative AI models, enhancing performance measurement and optimization.
Metaverse Land Prices Plunge 72% from Peak, CoinGecko Reports
CoinGecko reports that the average prices of metaverse lands have plummeted by 72% from their all-time highs, reflecting broader market trends.
Bitcoin Faces Significant Decline Amid Economic Turmoil
Bitcoin (BTC) drops 11% over the past week, hitting a low of $49,130 amid broader economic instability and market turmoil.
China Forestry Executives Found Guilty of Market Misconduct
The Market Misconduct Tribunal finds China Forestry's former chairman and CEO guilty of false disclosures and insider trading.
Crypto’s Covid Crash Still 5X Worse Than 2024 Sell-Offs
CoinGecko reports that the Covid-19 crash remains the worst global crypto market correction, significantly more severe than 2024's sell-offs.
dYdX to Integrate Skip Protocol’s Market Map in Upcoming Chain Upgrade
dYdX Chain will integrate Skip Protocol’s Market Map this month, enhancing market parameters and ensuring safety. Governance vote required.
BitMEX Launches New Prediction Markets for Trump, Harris, Powell, and Gensler
BitMEX has introduced new prediction markets for Trump, Harris, Powell, and Gensler, offering traders opportunities to speculate on political and economic developments.
Effective Social Media Strategies for Startups: A Practical Guide
Learn practical social media strategies for startups, including tools to measure qualitative and quantitative success, and tips for engaging with the right audience.
Ethereum (ETH) Underperforms Amid ETF Struggles and Market Dynamics
Ethereum ETFs face significant outflows and underperform compared to Bitcoin ETFs, influenced by aggressive market activities and macroeconomic factors.
BitMEX Introduces Fair Price Marking for DOGSUSDTQ24
BitMEX has updated the Mark Method for DOGSUSDTQ24 to Fair Price marking, effective August 27, 2024, enhancing price accuracy.
Bitcoin (BTC) Market Faces Period of Calm, Potential Volatility Ahead
Bitcoin market activity has cooled, with marginal profit and loss-taking. Historical trends suggest this calm period may precede increased volatility.
Investor Confidence Drives Bitcoin (BTC) to Surge Past $65,000
Bitcoin (BTC) sees a remarkable surge to $65,000 amid investor confidence and market dynamics influenced by Federal Reserve signals.
Magic Eden Dominates NFT Marketplaces with 37% Share in August 2024
Magic Eden continues to lead NFT marketplaces with a 37% market share in August 2024, maintaining its top position for six consecutive months.
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.
VanEck's ESPO ETF: Insights into the Gaming and eSports Industry
VanEck's ESPO ETF Q&A highlights the gaming and eSports sector's growth, challenges, and key trends, projecting significant market expansion.
VanEck's 'Trends with Benefits' Podcast Explores Forward-Looking Market Perspectives
VanEck's 'Trends with Benefits' podcast, hosted by Ed Lopez, delves into innovative market insights, investment strategies, and life perspectives.
Bitcoin (BTC) Short-Term Holders Face Elevated Stress, Reports Glassnode
Glassnode's latest report reveals that while the average Bitcoin investor remains profitable, short-term holders are experiencing significant unrealized losses.
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.
HKMA and AMCM Establish Direct Linkage to Boost Bond Market Connectivity
The Hong Kong Monetary Authority and the Monetary Authority of Macao announce a direct linkage between their bond market infrastructures to enhance financial cooperation.
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.
Tether (USDT) Invests $1.5 Million in Sorted Wallet to Boost Financial Inclusion
Tether invests $1.5M in Sorted Wallet to enhance financial inclusion in emerging markets, focusing on Africa and Southern Asia.
Key Market Design Insights for Web3 Builders from a16z Crypto
Discover three essential takeaways on market design for Web3 builders from a16z Crypto's latest insights, focusing on strategies for marketplaces, network effects, and token design.
BitMEX Implements Fair Price Marking for CATIUSDTU24
BitMEX announces the transition to Fair Price marking for CATIUSDTU24 as of September 23, 2024, enhancing price stability.
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.
Bitcoin (BTC) Faces Consolidation Despite Recent Surge Post Fed Rate Cuts
Bitcoin (BTC) rallied over 22% after the Fed’s rate cut, reaching $64,200. However, analysts predict potential consolidation due to market dynamics.
Binance Introduces Pre-Market Trading for Early Token Acquisition
Binance launches Pre-Market, allowing users to trade tokens before official spot listings. The service enhances utility for Launchpool participants.
Prediction Markets Gain Popularity Amid Regulatory Challenges
Prediction markets are rising in popularity, driven by new offerings like election perpetual futures contracts, despite regulatory challenges, according to Blockworks.
Hong Kong Treasury Markets Summit 2024 Highlights Key Financial Innovations
The Treasury Markets Summit 2024, hosted by HKMA and TMA, focused on offshore renminbi business, DeFi, Metaverse, and CBDCs.
BitMEX Updates Mark Method for HMSTRUSDTU24 to Fair Price Marking
BitMEX has updated the Mark Method for HMSTRUSDTU24 to Fair Price marking, enhancing index robustness and removing price protections.
Bitcoin Surges as October Approaches: Could This Be ‘Uptober’?
Bitcoin has surged by 26.2% since early September, crossing the $65,000 mark. With October historically being a strong month for BTC, could this be ‘Uptober’?
Bitcoin's (BTC) October Rally Sparks Investor Optimism
Bitcoin (BTC) surges 26.2% since early September, hitting $65,000. Historical trends suggest October could be a bullish month, according to Bitfinex Alpha.
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.
Institutional Engagement and Staking Surge: Insights from Coinbase and Glassnode's Q4 Crypto Report
Explore the latest trends in crypto markets, including Bitcoin ETFs, Ethereum staking, and stablecoins, as highlighted in Glassnode and Coinbase's Q4 report.
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.
dYdX Introduces Prediction Markets with Leverage on Its Chain
dYdX launches prediction markets with up to 20x leverage on its chain through integration with Polymarket, offering new speculative opportunities.
Binance Introduces New Trading Bots on Spot Market
Binance announces the launch of new trading bots for specific trading pairs on its Spot market, enhancing user trading experience. Restrictions apply based on user location.
2024 State of Crypto Report Highlights Growth in NFTs, Social Networks, and Prediction Markets
The 2024 State of Crypto Report by a16z crypto reveals shifts in the crypto landscape, including advancements in NFTs, social networks, and prediction markets.
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.
Denmark Unveils Gefion: A Sovereign AI Supercomputer for Scientific Innovation
Denmark launches Gefion, its first sovereign AI supercomputer, aiming to advance quantum computing, clean energy, and biotechnology through local innovation and global collaboration.
Bitcoin (BTC) Poised to Revolutionize Capital Markets, Says Bitfinex Securities
Bitcoin's robust security and programmability could make it the foundation for future capital markets, challenging Ethereum's dominance, according to Bitfinex Securities.
Bitcoin (BTC) Spot Price Nears All-Time High Amidst Market Resurgence
Bitcoin's spot price surges towards $69k, nearing its all-time high, as on-chain metrics and rising futures interest signal a potential market revival.
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.
Exploring Local Fee Markets and Blockchain Transaction Mechanisms
a16z crypto discusses local fee markets in blockchain, focusing on transaction execution mechanisms, optimal pricing, and capacity allocation in parallel execution systems.
Spot Bitcoin ETFs: A Crucial Driver in Crypto Market Dynamics
Spot Bitcoin ETFs accumulate significant BTC, influencing crypto market dynamics with sustained demand and institutional interest, according to BinanceResearch.
Bitcoin (BTC) Faces Volatility Amid U.S. Election and Economic Factors
Bitcoin is experiencing volatility due to geopolitical tensions, macroeconomic factors, and the upcoming U.S. election. Market participants are preparing for potential price swings.
BitMEX Launches Political Prediction Markets with 5,000 USDT Prize Pool
BitMEX introduces prediction markets for the US presidential election, offering a 5,000 USDT prize pool for traders betting on Trump or Harris.
CryptoPunks and BAYC Retain Dominance in NFT Market Amid Shifts
CryptoPunks and Bored Ape Yacht Club (BAYC) dominate the NFT market with over 40% share, despite market shifts from 2022 to 2024, as reported by CoinGecko.
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.
Exploring the Potential of Info Finance Beyond Prediction Markets
Discover the transformative potential of info finance, from prediction markets to decentralized governance, as it reshapes fields like social media, science, and public goods funding.
Institutional Interest Rises as Bitcoin (BTC) Nears $90K: Insights from Glassnode and Fasanara Digital
Glassnode and Fasanara Digital release a report on institutional crypto trends as Bitcoin approaches $90K, highlighting ETF inflows, spot market dynamics, and capital rotation.
Bitcoin (BTC) Reaches New All-Time High Amid Spot Market Demand
Bitcoin has surged to a new all-time high, driven by strong demand in spot markets and significant institutional inflows following the U.S. election results.
Berlin Filmmaker Mark Wachholz Innovates with AI in Cinema
Berlin-based filmmaker Mark Wachholz leverages advanced AI tools to create immersive cinematic experiences, as highlighted in his recent projects using ElevenLabs' text-to-speech technology.
Polymarket's Rise: Crypto Propels Prediction Markets to Mainstream
Bitwise CIO Matt Hougan discusses the significant impact of cryptocurrency on the success of Polymarket, the world's largest prediction market.
Hong Kong Mortgage Market Faces Decline in September 2024
The Hong Kong Monetary Authority reports a significant decline in mortgage applications and loans in September 2024, with a notable drop in financing for both primary and secondary market transactions.
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.
Bitcoin Dominance Surges While Ethereum Faces Challenges in October 2024
Bitcoin's market dominance increased significantly in October 2024, while Ethereum faced volatility and strategic debates. The performance of Layer 1 platforms and memecoin trading dynamics also highlighted the month's crypto market activities.
Chaos Labs Unveils Multi-Agent System for Prediction Market Resolution
Chaos Labs introduces Edge AI Oracle, leveraging LangChain and LangGraph to revolutionize prediction markets with a multi-agent system for precise and transparent query resolution.
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.
Bitcoin (BTC) Surges Past $82,000 Amid Renewed Investor Interest
Bitcoin reaches a new high of over $82,000 following Donald Trump's return to the U.S. presidency, with strong investor enthusiasm and significant ETF inflows.
Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week
Parity Technologies lays off over 300 employees amidst a strategic shift towards community-driven operations. The move comes as Polkadot faces ecosystem challenges, including a large upcoming supply event and a seeming lack of demand in parachain auctions. Community members have expressed mixed reactions, and concerns are rising on Polkadot's ability to maintain its market valuation in the medium term.
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.
Bitcoin NFTs to Hit $4.5B Market Cap
Galaxy Digital's research unit predicts that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on conservative estimations. The report also outlines bear and bull case scenarios for the market.
Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion
In 2023, the number of Bitcoin wallets with over $1 million increased by 237%, indicating a significant shift in cryptocurrency wealth and market dynamics.
Conflux to Deploy Uniswap v3 on Network
Conflux plans to deploy Uniswap v3 on its network, offering access to millions of potential new users in the Chinese and Asian markets. The move comes after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange. Conflux has experienced a spike in traffic in the first quarter of 2023 and has a market capitalization of nearly $1 billion.
Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024
Cboe Digital, the first US-regulated crypto native exchange, will launch Bitcoin and Ether futures trading, enhancing capital efficiency and market liquidity.
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).
Randall Crater, Founder of "My Big Coin" Sentenced
A U.S. Federal Court Judge sentenced Randall Crater to 100 months in prison. Crater defrauded 55 investors with $7.6 million.
Hong Kong Embraces Virtual Asset Spot ETFs
Hong Kong is set to become the first market in Asia to allow Virtual Asset Spot ETFs, with around ten fund companies preparing for launch. This move signifies a major shift in the region's approach to virtual assets.
EDX Markets Partners with Solidus Labs to Monitor $16 Trillion in Crypto Trading with HALO Platform
EDX Markets has partnered with Solidus Labs to use the HALO platform, monitoring $16 trillion in crypto trading, enhancing compliance and risk management.
Lightning Labs and Tari Labs agree to halt Taro protocol development
Lightning Labs and Tari Labs agreed to halt the development of the Taro protocol, after a temporary restraining order was converted into a preliminary injunction by the courts. The order was issued due to Tari Labs' claims that the name Taro infringed on its trademark rights. Lightning Labs is now unable to update or announce any milestones of the protocol until a court decision is reached.
Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration
Ripple's CTO, David Schwartz, stresses the importance of community consensus for integrating the Automated Market Maker (AMM) feature on the XRP Ledger. Through discussions on X (formerly Twitter), Schwartz outlines a methodical approach to addressing concerns and urges validators to support the amendment only after achieving community agreement. The AMM feature, seen as a significant stride in decentralized finance on XRPL, was introduced in rippled version 1.12.0 alongside a potential clawback feature aimed at legal liability protection for developers. Schwartz's engagement exemplifies a balanced approach to evolving XRPL while preserving its decentralized character.
Sushi Launches on Filecoin, Expanding Decentralized Exchange Services
Sushi, a prominent decentralized exchange, is now integrated on Filecoin, enhancing its cross-chain capabilities and launching a special NFT to commemorate the collaboration.
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.
BlackRock Bitcoin Private Trust to Be Benchmarked by Kraken's CF Benchmarks Bitcoin Index
The world’s largest investment management firm BlackRock's Bitcoin Private Trust, will use the Kraken subsidiary CF Benchmarks Bitcoin Index as a benchmark for issuance, The Block reported.
Donald Trump's NFT Trading Card Collection
On Dec. 15, 45,000 self-themed trading cards were released for $99 apiece. The collection has generated approximately $1.2 million in secondary sales. Sewer Pass NFT transactions on secondary markets are strong. #NoNeoNFT emerged when the company's Solana network NFT collection failed. NUS claims the HaptGlove simulates touch and grip more realistically than conventional gloves.
Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production
Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.
Roger Ver Owes CoinFlex $47 Million in USDC, Says CEO
CoinFlex CEO Mark Lamb has revealed through a Twitter thread that crypto investor Roger Ver owes the company $47 million in USDC.
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.
NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes
The NFT market has seen a significant recovery, with weekly Ethereum volumes increasing from 29,704 ETH to 68,342 ETH, with marketplaces like Blur and BAYC experiencing high trade activity.
Defunct Crypto Lender BlockFi Has $227 Million in Uninsured Funds with Troubled Silicon Valley Bank
A bankruptcy filing has revealed that BlockFi has $227 million in uninsured funds allocated to a money market mutual fund (MMMF) offered by Silicon Valley Bank (SVB), which was shut down by the California Department of Financial Protection and Innovation on March 10. While the investment may not be at risk despite SVB's troubles, the filing highlights that the funds are not FDIC-insured, not insured by any federal government agency, and "not guaranteed by the bank." The recent Silvergate bankruptcy has also impacted the crypto market.
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.
Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.
Bitoasis Layoffs 5% Workforce as Bear Market Concern Grows
Bitoasis is the latest company to acknowledge the effects of the current crypto bear markets that have triggered much bigger layoffs in major crypto firms.
Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit
Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. The motion urges disclosure of trading strategies between March and May 2022, amidst indications of Citadel Securities' alleged intentions to short UST. Terraform Labs stresses the documents' importance in countering the SEC's fraud allegations, proposing a transfer to another court for a decision if necessary.
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.
AI : Experts Predict Human-Level Intelligence Within Decades
A 2023 Oxford University survey forecasts a 50% chance of AI surpassing human performance in a decade, potentially reshaping jobs and industries by 2116. This rapid AI development calls for equitable access and bias mitigation.
Romania's ICI Bucharest Launches NFT Trading Platform for Web3 Adoption
ICI Bucharest has announced the launch of its in-house NFT trading platform, ICI D|Services, on April 26. The platform aims to facilitate the adoption of Web3 in Romania and connect private and public sector institutions and users. ICI Bucharest has been exploring blockchain and nonfungible tokens as the space gains traction globally.
CoinGecko: 2024 Q1 Strong Crypto Industry Growth Propels Market Cap to $2.9 Trillion
CoinGecko's recently released 2024 Q1 Crypto Industry Report reveals significant growth in the cryptocurrency market, with the total market cap reaching $2.9 trillion. The report covers various aspects, including the performance of Bitcoin and Ethereum, the rise of decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and the performance of centralized and decentralized exchanges.
Explosive Growth in TON Developer Community: A Comprehensive Analysis
TON's Q4 2023 Developer Report reveals a 22.8% increase in its developer community, highlighting over 500% growth in active developers and significant advancements in blockchain technology and community engagement.
OpenBazaar Set for a Comeback
OpenBazaar, a decentralized marketplace that was shut down in 2020, appears set for a comeback. Recent updates on social media and GitHub indicate progress on building a new version of the marketplace using the programming language Rust. Former project lead Brian Hoffman has hinted at the marketplace's return, citing "freedom of exploration" as a key factor in its revival.
FIS Partners with Fireblocks to Enable Capital Market Clients to Access Crypto Products
The partnership between FIS and Fireblocks is set to enable capital markets buy-side, sell-side and corporate companies to gain access to the major crypto trading avenues.
Binance Accelerates LUNC Burn, Fuels Market Optimism with Over 49 Billion Tokens Burned
Binance's recent burning of 5.57 billion Terra Luna Classic tokens has significantly reduced LUNC supply, leading to a 7% increase in LUNC and USTC prices.
SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach
The SEC's social media account was compromised, leading to false Bitcoin ETF approval news. This incident has prompted calls for congressional investigation into the SEC for potential market manipulation and cybersecurity lapses.
Donald Trump's NFT Success Unveils Former President's Crypto Ventures
Former U.S. President Donald Trump has made significant strides in the NFT market, as revealed in a recent financial disclosure form submitted to the Office of Government Ethics.
FTC Investigates Big Tech's AI Investments
The US FTC is conducting a thorough investigation into the partnerships and investments between tech giants like Alphabet, Amazon, Microsoft, and AI startups like OpenAI and Anthropic, focusing on their impact on market competition and innovation.
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.
Fonbnk and Tanda Partner to Launch Airtime Trading Marketplace in East Africa
Fonbnk and Tanda have partnered to launch an airtime trading marketplace in East Africa, allowing micro-entrepreneurs to earn revenue and store their profits in dollarized stablecoins. The partnership increases liquidity in the marketplace through the buying and selling of prepaid airtime for profit, providing more earning opportunities and creating a growth flywheel effect through improved liquidity and marketplace efficiency.
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.
DWF Labs' Andrei Grachev Fires Back at GSR Cristian Gil
A Twitter feud between Andrei Grachev of DWF Labs and Cristian Gil of GSR.io has ignited discussions about the state of the crypto market and the role of market makers. The public disagreement has even led to a proposition for a "Crypto Fight Night," where the loser would have to leave the crypto markets.
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.
Cryptocurrency Soars in Q1 2023
CoinGecko's Q1 2023 Crypto Industry Report shows Bitcoin as the best-performing asset, with a gain of 72.4%. DeFi and NFTs have also surged, while stablecoins saw a drop in market cap due to Binance USD shutdown and USDC depeg. The overall market capitalization reached $1.2 trillion at the end of Q1.
Bitget U30 Hackathon Recognizes Budding AI and Blockchain Innovators
Bitget’s Under 30 Virtual Hackathon, a part of its Blockchain4Youth initiative, concluded on October 16, 2023, showcasing exemplary AI and blockchain innovations. With over 1,000 participating teams, winners were recognized across various categories, each receiving $10,000. The hackathon highlighted promising young talents, aligning with Bitget's aim of promoting blockchain and cryptocurrency adoption among the youth.
Mark Cuban-Backed NFT Platform Nifty's Shuts Down After Failed Investment Opportunities
Nifty's, a notable platform focused on Web3 creators, announced the cessation of operations earlier today, marking a significant shift in the digital ownership landscape.
Arthur Hayes Talks about BTC and SPX Post U.S. BTC ETF Launch
Arthur Hayes has highlighted the evolving relationship between Bitcoin and the S&P 500, raising questions about market dynamics, liquidity, and future asset trajectory.
Digital Asset Investments Surge to $117 Million
Last week, digital asset investment products experienced record inflows and volumes.
13 New Members including Gemini, Robinhood Sign up for Crypto Market Integrity Consortium
Thirteen new members including Gemini, Robinhood and others join the Crypto Market Integrity Consortium.
Babel Finance Halts Withdrawals as Crypto Market Plunges
Amid the current selloff, Babel Finance has become the latest to suspend withdrawals. The crypto lender said that its woes are triggered by the current difficult market conditions.
Long-term Dormant Ethereum ICO Participant Activates $3.2 Million Worth of ETH
An Ethereum ICO participant re-emerged after 8.2 years of inactivity, transferring 2,000 ETH ($3.2 million) to four different addresses on October 21, 2023. Acquired at a mere $620 at the Ethereum Genesis, this move not only underscores Ethereum's substantial price appreciation but also hints at potential market dynamics as long-dormant assets re-enter circulation. The transaction could signal various intents, from cashing out to redistributing or reinvesting the holdings, each with its own set of implications for the Ethereum market.
Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia
Bitdeer Technologies Group and NVIDIA are set to launch Bitdeer AI Cloud in Asia, utilizing NVIDIA DGX SuperPOD technology, to meet the growing demand for AI computing power in the cloud PaaS market.
German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme
Horst Jicha, founder of USI Tech, has been charged with defrauding investors of $150 million in a fraudulent crypto scheme, marking a significant development in regulatory action against crypto-related crimes.
MicroStrategy's Debt Dilemma: A Balancing Act Between Bonds and Bitcoin
Adam Cochran discussed MicroStrategy's financial quandary due to its 2025 and 2028 convertible notes amidst its extensive Bitcoin holdings. Failure to address the 2025 note could lead to a 15% equity dilution, while refinancing could spike yield rates. Options like leveraging Bitcoin or selling it to cover debts were explored, with the latter potentially causing a dip in market confidence. Cochran hinted that the year-end decisions could significantly impact how MicroStrategy navigates its debt come 2024.
Global Blockchain in Retail Market to Hit $3.27B by 2028
Heightened demand in the worldwide blockchain in the retail market is expected to drive its value past the $3.27 billion mark by 2028, according to market research organization Facts and Factors.
Hong Kong Investors Launch $100M Fund for Web3 Startups
ProDigital Future, a new $100 million fund led by Hong Kong-based equity firm SAIF Partners, aims to support early-stage Web3 companies in the regional market. The fund has already raised $30 million during its half-year fundraising period and plans to raise $100 million by the end of 2023. ProDigital Future has already invested in six digital-asset projects, including GigaSpace and One Future Football. The fund intends to operate in Hong Kong, Australia, Singapore, Europe, and the United States, while adhering to the necessary licensing and regulatory requirements.
MicroStrategy Acquires More Bitcoin Amid Market Recovery
MicroStrategy has acquired 6,455 Bitcoin for $150 million and repaid its $205 million loan to Silvergate at a 22% discount, according to a filing with the US SEC. The company now holds a total of 138,955 BTC, bought for $4.1 billion at an average price of $29,817 per coin. MicroStrategy also sold class A common stock worth $500 million and acquired BTC between Feb. 16, 2023 and March 23, 2023.
Binance's Market Dominance Challenged as OKX and Upbit Gain Ground
The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.
Decline in Cryptocurrency ATMs in 2023: A Global Perspective
In 2023, the global number of Bitcoin ATMs decreased by 11.1%, marking the first decline in a decade, with the U.S. being the largest host, contrasting with growth in the EU and other regions.
Catheon Gaming Hires Mark Aubrey as New CEO To Drive Growth
Mark Aubrey will help Catheon Gaming scale its operations in Asia and across the world. The blockchain firm is seeing significant growth since its formation in September last year. It is apparent that the firm needs someone with a robust operational background to help it scale.
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.
Coinbase Commerce Accepts Dogecoin as Payment Method
Coinbase’s e-commerce platform officially announced that it accepts Dogecoin as a payment method Wednesday. Yet, it excludes in the scope of The S&P Cryptocurrency Broad Digital Market (BDM) Index.
Luxury Luggage Brand Hermes Files for Crypto, NFT and Metaverse Trademarks
In December last year, luxury giant Hermes sued NFT project MetaBirkins for allegedly using its brand to sell digital collectables, joining other luxury fashion companies trying to gain a foothold in the virtual online world.
Alpaca Debuts Private Equity Real Estate
Alpaca, a New York-based alternative investment firm, has launched a private equity real estate platform, Alpaca Real Estate (ARE), led by Daniel Carr and Peter Weiss. The platform, with significant backing from GCM Grosvenor, aims to leverage technology and operational strategies to enhance real estate investment returns amid current market dislocations.
US CFTC Approves Clear Markets For Operating Crypto Derivatives
The U.S. Commodity and Futures Trading Commission (CFTC) confirmed it has approved the U.S. subsidiary of electronic trading platform developer Clear Markets to offer physically settled crypto derivatives, according to Clear Markets shareholder SBI Holdings.
South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly
According to Newsis on July 13, the People's Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital Market Act to the National Assembly within this month.
Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions
The cryptocurrency market has recorded its eighth consecutive week of outflows, driven by ongoing monetary policy concerns and mounting regulatory pressures.
Bitcoin Depot Converts Crypto ATMs to Software
Bitcoin Depot, a provider of physical Bitcoin ATMs, has converted all of its 7,000 crypto ATMs and kiosks to a software-based offering powered by BitAccess. This move eliminates the need for annual software licensing fees and comes after Bitcoin Depot acquired majority equity in BitAccess in November 2022. The market for crypto ATMs has seen a decline in installations since July 2022, according to data from Coin ATM Radar.
European Securities and Markets Authority Calls for Input on New EU Crypto Rules
The European Securities and Markets Authority (ESMA), the EU's financial markets regulator, has initiated its first consultation package under the Markets in Crypto-Assets Regulation (MiCA). The authority is seeking stakeholder comments until September 20, 2023, marking a significant step towards establishing concrete rules for crypto markets in the EU.
Fujitsu Files Trademark for Crypto Brokerage Services
Japanese tech giant Fujitsu has filed a trademark application for a new branding that aims to offer financial services, including cryptocurrency brokerage services, to customers. Fujitsu has been showing growing interest in Web3 technology and launched a Web3 acceleration platform in February to support startups and partner companies in creating a diverse ecosystem of Web3 applications. The move comes as financial regulators in Japan call for stricter banking rules for the crypto sector.
Banks increase risks to stablecoins
The death of the Terra ecosystem triggered a bear market in 2022, causing losses in billions, affecting investor sentiment, and intensifying the regulatory spotlight over cryptocurrencies. Recently, Circle's disclosure that Silicon Valley Bank (SVB) did not process its $3.3 billion withdrawal request led to the depegging of its USD Coin (USDC). This event caused Binance CEO CZ to believe that traditional banks are a risk to stablecoins that are usually pegged 1:1 with fiat currencies, like the U.S. dollar.
xAI's Grok: Musk's Novel AI Chatbot with Real-Time Insights
Elon Musk's xAI unveiled Grok, an AI chatbot, inspired by 'The Hitchhiker's Guide to the Galaxy, providing real-time world knowledge and answering questions with humor, outperforming other models.
5 Charged for Hydro Token Market Manipulation
The US Department of Justice has charged five individuals for conspiring to manipulate the market in relation to an alleged scheme involving the Hydro (HYDRO) token. The charges include conspiracy to commit securities price manipulation and wire fraud, with potential penalties ranging from five years to 20 years in prison. The alleged manipulation of the Hydro token price resulted in the co-conspirators making an approximate total of $2 million in ill-gotten profits. In addition, Hydrogen Technology Corporation and former CEO Michael Ross Kane were ordered to pay $2.8 million in remedies and civil penalties in a separate case brought by the Securities and Exchange Commission.
Atomicals Market Addresses Security Breach and Announces Compensation Measures
Atomicals Market has implemented measures to restore user trust and enhance platform security following a significant security breach, emphasizing community engagement's crucial role in protocol's future.
Circle's Stablecoin USDC Affected by Collapsed Bank
Circle's USDC stablecoin briefly de-pegged after news that $3.3 billion of its cash reserves were stuck with collapsed bank Silicon Valley Bank. USDC's dollar peg has since recovered, but mass redemptions have led to a drop in the stablecoin's market cap by nearly 10% since March 11.
CFTC's Stern Warning to Crypto Exchanges Following Binance Case
The CFTC has significantly heightened its regulatory actions against non-U.S. crypto entities, indicating a significant shift in the U.S. cryptocurrency market's regulatory landscape.
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.
Celsius Creditors Seek Help from Bankruptcy Judge to Uncover Potential Market Manipulation
Celsius creditors are requesting subpoenas to uncover suspicious trades of CEL token on FTX between April and August 2022, seeking to determine if they were legitimate or constituted market manipulation. This information could be crucial in resolving disputes related to Celsius' bankruptcy. Meanwhile, FTX is pending approval to sell LedgerX for approximately $50 million.
ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility
Despite recent market volatility, Cathie Wood’s investment manager ARK Invest has made a record purchase of Coinbase stock, along with significant investments in Robinhood. The move confirms ARK’s bullish sentiment towards the cryptocurrency industry and Bitcoin.
UK Regulator Examines AI Impact
The UK Competition and Markets Authority (CMA) is examining the impact of AI on consumers and the economy, with a focus on foundation models. The regulator plans to examine their usage against key principles, including transparency and accountability. The review aims to help develop AI in ways that ensure open, competitive markets and effective consumer protection, with guiding principles for consumer protection and healthy competition to be produced. The findings are set to be published in September 2023.
Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse
Multinational corporations, including General Motors, Lacoste, and Walmart, have continued to file trademark applications in Web3, NFTs, and the metaverse, despite the broader market downturn. In February alone, General Motors filed for two new trademark applications covering Chevrolet and Cadillac brands, while Lacoste filed five trademark applications for "CHAMPS-ELYSEES." Walmart also filed trademark applications for the "SamsClub" name and logo. Even amid the bear market, record numbers of trademark applications have been filed for NFTs, metaverse, and crypto-related products in 2022.
Kraken Leaves Japan Again, Citing A Poor Crypto Market.
Kraken plans to leave Japan and deregister with the Financial Services Agency by January 31, 2023. Payward Asia Inc. runs Kraken's Japanese exchange. All impacted consumers may withdraw cash from the exchange before January 31.
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.
Alchemy Pay Expands U.S. Footprint with Iowa Money Services License
Alchemy Pay, a prominent crypto-fiat payment gateway, has secured a Money Services License in Iowa, marking a significant expansion in the U.S. market and enhancing its global compliance portfolio.
Mango Markets Hacker Says He 'Did Nothing Wrong'
Avraham Eisenberg explained how profitable traders like him attract jealousy and hate.
Attorneys for Ex-FTX CEO Samuel Bankman-Fried Challenge Proposed Jury Questions Ahead of Fraud Trial
The defense attorneys for former FTX CEO Samuel Bankman-Fried have submitted a letter challenging the proposed jury questions for the upcoming fraud trial. They assert that the government's proposed questions could harbor bias against Bankman-Fried, potentially leading to an unfair trial. The defense suggests an alternative voir dire to ensure a fair jury selection process, while the prosecution opposes these suggestions. The trial is slated to begin on October 4, 2023, following jury selection on October 3.
ARK Invest Intensifies Investment in Robinhood
ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.
dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI
dYdX deployed $9 million from v3 insurance fund to cover YFI market liquidations, suspecting targeted attack and market manipulation. No user funds affected, insurance fund remains at $13.5 million.
Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone
Coinbase's role in the newly approved Bitcoin spot ETFs by the SEC marks a crucial advancement in cryptocurrency's integration into mainstream finance, bringing regulatory clarity and institutional investment opportunities.
Five Market Makers Nearing Worldcoin (WLD) Loan Settlement Date
The five market makers involved with Worldcoin's liquidity provision are approaching the loan settlement date of October 22. The recent on-chain activities reflect different strategies among these entities, possibly in anticipation of the settlement. The actions of these market makers could influence Worldcoin's market dynamics as the date nears.
Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil
Galaxy Digital said its net loss in the second quarter had risen three times the amount it experienced during the same period last year. The asset manager stated that the losses were triggered by the ongoing market downturn.
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.
Celsius Files for Permission to Sell Its Stablecoin Holdings
Celsius is seeking to generate liquidity through sales from its $23 million in stablecoin holdings.
CFTC sues Avraham Eisenberg for Mango market manipulation
Avraham Eisenberg is charged with two counts of market manipulation for using decentralized finance platform Mango Markets. On January 9, the CFTC sued self-described digital artist for commodities fraud and manipulation. Eisenberg was detained on December 27.
Binance faces investor backlash and Bitcoin withdrawals following CFTC lawsuit
Binance CEO, Changpeng Zhao, denies market manipulation allegations made by the CFTC. However, investors withdrew over 3,400 BTC from Binance within 24 hours of the lawsuit announcement, leading to a decrease in Binance's total Bitcoin balance while competing exchanges saw an increase.
NanoLabs sues Coinbase over Nano trademark infringement
NanoLabs, the company behind digital currency Nano, has filed a legal complaint against Coinbase in the California Northern District Court for alleged trademark infringement. The complaint states that Coinbase's Nano Bitcoin futures contract and Nano Ether futures contract products infringe on NanoLabs' trademark rights, causing economic damage and harm to its brand identity. NanoLabs is seeking at least $5 million in damages, an injunction against Coinbase, and forfeiture of all profits made using Nano trademarks.
TrueUSD Depegging Linked to Binance Launchpool Activities
TrueUSD (TUSD) depegged below its $1 parity, dropping to $0.97, amid significant selling on Binance and issues with real-time reserve attestations. The depegging was linked to activities on Binance Launchpool and raises questions about stablecoin stability and transparency.
Animoca Brands refutes claims of scaling back metaverse fund target and plummeting valuation
Animoca Brands denied reports of scaling back its metaverse fund target by $200 million and a decrease in valuation from $6 billion to $2 billion. The firm acknowledged the impact of banking collapses but stressed that fundraising is still ongoing.
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.
Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack
Moonbirds co-founder Kevin Rose. He lost about $1.1 million in NFTs to a phishing fraud.
Crypto Exchange Bitsonic CEO Sentenced to 7 Years for $8.4 Million Fraud and Market Manipulation
The CEO of cryptocurrency exchange Bitsonic has been sentenced to 7 years for inflating trading volumes and embezzling $8.4M, marking a significant legal action against crypto fraud.
LooksRare Version 2 Upgrades NFT Marketplace
LooksRare, a Non-Fungible Token (NFT) marketplace, has reduced trading fees by 75% with the launch of version 2. The upgrade includes gas-efficient contracts, support for token prices, and custom recipient aggregators. The team has announced that LooksRare version 1 will be discontinued.
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.
BRC-20 Bitcoin Tokens Surpass $1 Billion Market Cap
BRC-20 Bitcoin tokens reached a market capitalization of $1 billion, with notable tokens like ORDI, NALS, VMPX, PEPE, and MEME experiencing price variance of between +11% and -55%. The token standard uses Ordinals and Inscriptions to manage token contracts, minting, and transfers on the Bitcoin blockchain.
Conflux to Deploy Uniswap v3 on Its Blockchain
Conflux plans to deploy Uniswap v3 on its blockchain, which would offer access to millions of potential new users, particularly in China and Asian markets. This comes days after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange. Conflux has a market capitalization of nearly $1 billion and has $45 million in total value locked on-chain. The network also announced a partnership with China Telecom to develop a blockchain SIM card.
Marathon Digital Admits to Mining an Invalid Bitcoin Block
Marathon Digital Holdings encountered a setback as it mined an invalid block on the Bitcoin network due to an internal bug amidst an operational optimization experiment. The company acknowledged the error and praised Bitcoin's self-corrective security measures.
BRC-20 Tokens Surge in Popularity as Traders Flock to Bitcoin's Latest Token Standard
BRC-20 tokens, the latest token standard on the Bitcoin blockchain, have seen a surge in popularity as traders and investors embrace the novel fungible token. With a market capitalization of over $1 billion and a total trading volume of $207.7 million in the past 24 hours, BRC-20 tokens like ORDI, NALS, VMPX, PEPE, and MEME have experienced significant price variance.
NFT Royalties Fall Short in Web3 Ecosystem
Loss of creator royalties in the NFT space could be higher than estimated, with Bored Ape Yacht Club and Mutant Ape Yacht Club experiencing shortcomings of around $20 million. This points to previous estimates of $35 million likely being too small. Despite efforts to enforce creator royalties, Boris Pevzner, co-founder and CEO of LiveArt, says the current system is not working as it should, potentially causing artists to lose interest in the industry.
VanEck's Ambitious Move: A Spot Bitcoin ETF with a "HODL" Ticker
VanEck submits a fifth amended application for a spot Bitcoin ETF under the "HODL" ticker, aiming for SEC approval and significant market impact.
EDX Markets is Expanding in Singapore
EDX Markets expands to Singapore, backed by Citadel Securities and Fidelity Digital Assets, introducing innovative trading options like spot and perpetual futures, and emphasizing non-custodial clearing solutions.
AI and Competition Policy: Insights from the White House Meeting
The White House meeting on competition policy and AI highlighted concerns about market concentration in critical AI components and its impact on small businesses. The discussion emphasized the need for fair competition and scrutinizing industry behaviors. The Biden-Harris Administration is committed to promoting competition and supporting small businesses in AI development.
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.
SEC Requests $158 Million Boost to Rein in Crypto's "Wild West"
The SEC is requesting a $158 million budget increase for 2025 to expand oversight and tackle the dynamic risks within the burgeoning crypto market.
ConsenSys Acquires US Brokerage Firm to Tokenize Outdated Municipal Bonds Market
ConsenSys has made a major acquisition of a U.S brokerage Firm to put traditional municipal bonds on the blockchain.
BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq
The SEC is reviewing multiple proposals for iShares Bitcoin Trust's listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance.
Ethics of Web3 Discussed at Paris Blockchain Week
The second day of Paris Blockchain Week 2023 featured a panel discussion on the Ethics of Web3. The panelists agreed that ethical frameworks often lag behind technology and that innovation comes before any ethical standards are implemented. They highlighted the upcoming Markets in Crypto-Assets framework in the European Union as an example of turning ethics into law to protect people and innovation.
Siemens Issues World's First Blockchain Bond
Siemens claims that "releasing the bond on a blockchain provides a variety of advantages compared to prior approaches," including removing banks as middlemen.
Digital Asset Liquidity Provider OrBit Markets Wins Google Cloud Customer Award
OrBit Markets, a Singapore-based liquidity provider, has been awarded the 2023 Google Cloud Customer of the Year Award for its exceptional use of Google Cloud technologies for trading data processing.
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.
NFT Wash Trading Volume Surges to $580M Across Top Six Marketplaces
NFT wash trading has surged for the fourth consecutive month, with a total volume of $580 million across the top six marketplaces, according to a report from CoinGecko. The report attributed the rise in volume to the overall recovery of NFT marketplace trading, which reached $1.89 billion in February.
SEC Delays Decision on Spot Bitcoin ETFs Due to U.S. Government Shutdown Concerns
SEC delays spot Bitcoin ETF decisions due to U.S. government shutdown concerns, adding uncertainty to the cryptocurrency market. Decision expected by mid-March
Ethereum Upgrade Raises Concerns as Bitcoin Dominance Continues
Ethereum's Shanghai upgrade has led to concerns among investors, particularly regarding a potential sell-off of tokens unlocked after the upgrade, causing uncertainty in the market. Meanwhile, Bitcoin's dominance rate continues to rise and is currently at the highest level since July 2021.
Mango Markets Exploiter Nabbed For Fraud
Puerto Rico detained crypto trader Avraham Eisenberg for market manipulation and fraud. Eisenberg manipulated Mango Markets' MNGO token on October 11. He then obtained "large loans" on its inflated collateral, emptying Mango's treasury of about $110 million in different cryptocurrencies.
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.
Binance CEO CZ Draws on Eleanor Roosevelt Quote to Discuss Market Predictability
Eleanor Roosevelt is famous for her role as the First Lady of the United States and her extensive work in advocating for social justice, civil rights, and human rights. She played a significant role in the drafting of the Universal Declaration of Human Rights and remains an enduring symbol of activism and leadership.
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.
Bitcoin Surges as US Inflation Rises
The price of Bitcoin surged over $26,000 as the US Department of Labor reported a 0.4% increase in the Consumer Price Index (CPI) for February 2023, with inflation rising by 6% over the last year. The cryptocurrency markets reacted positively to the news, with both Bitcoin and Ether experiencing price surges.
The Impact of Multifunction Crypto-Asset Intermediaries on Market Stability Post-FTX Collapse
The Financial Stability Board (FSB) report highlights the potential risks of multifunction crypto-asset intermediaries (MCIs) in crypto-asset markets, stating financial stability threats are limited.
Financial Stability Risks from Cryptoassets in Emerging Market Economies Highlighted by BIS
The Bank for International Settlements (BIS) and the Consultative Group of Directors of Financial Stability (CGDFS) have released a report on the financial stability risks from crypto assets in emerging market economies. The report highlights the rapid evolution of digital finance and the potential risks associated with cryptoassets, such as market, liquidity, credit, operational, and capital flow risks.
Bitcoin Flips Visa Again
Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.
Crypto Market Consolidation and Key Trends in Q2 2023
Q2 2023 saw a slight 0.14% increase in the crypto market, with Bitcoin (BTC) and Ethereum (ETH) rising by 6.9% and 6.0% respectively.
The UK's New Digital Securities Sandbox: A Step Forward for Crypto Innovation
The UK government's Digital Securities Sandbox, set to launch on January 8, 2024, allows crypto firms to test products and services, promoting financial technology innovation and consumer protection.
OpenTrade and WOO X Unite to Offer Tokenized T-Bills to Asian Investors
OpenTrade collaborates with WOO X to unveil access to tokenized T-Bills for Asian investors. This partnership, leveraging Circle Research’s Perimeter Protocol, is a response to the escalating demand for tokenized T-Bills over DeFi yields. Concurrently, WOO X advances its strategic footprint in South Korea, aligning with CODE compliance solutions to broaden its product accessibility in the region.
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.
ADGM Launches Pioneering DLT Foundations Regime
Abu Dhabi Global Market's Registration Authority has introduced the Distributed Ledger Technology Foundations Regulations 2023, a global legislative framework designed to facilitate token issuance, promote governance, and drive transparency in the crypto sector.
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.
Commissioners Dissent on SEC's NFT Enforcement Action on Stoner Cats 2, LLC
The Securities and Exchange Commission (SEC) has dissented on its enforcement action against Stoner Cats 2, LLC's non-fungible token (NFT) settlement. The Commissioners argue that the Howey investment contract analysis lacks a limiting principle and could stifle artists' creativity due to legal uncertainties. They call for clear guidelines for artists and creators using NFTs to support their creative endeavors and engage with fan communities.
Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case
Jump Crypto has been granted access to confidential documents in the SEC vs. Terraform Labs case, allegedly implicating them in the TerraUSD devaluation and Terra's collapse.
OKX Launches AI Integration for Crypto Market Volatility
OKX has partnered with EndoTech.io to utilize AI algorithms for real-time analysis of data and trading opportunities, specifically to capture crypto market volatility. This new integration follows the recent announcement of OKX expanding its services to Australia while shutting down operations in Canada.
Just In: US PCE Price Index Rises, Exceeding Core Forecasts; Bitcoin and Crypto Markets Show Mixed Reactions
The U.S. PCE and Core PCE Price Index have both increased by 3.3% and 4.200004%, respectively, indicating persistent inflationary pressures. Cryptocurrency markets show moderate fluctuations, with meme coins showing resilience. Federal Reserve response will significantly impact economics.
How US’s New Infrastructure Bill Could Choke the Crypto Market?
Crypto experts have speculated the US’s new infrastructure bill might impact investors already investing in cryptocurrencies like Bitcoin in the nation.
Ripple May Dump Over 96 Million XRP Soon
Ripple's strategic handling of 240M XRP in December 2023 stabilized the market and may influence future cryptocurrency dynamics.
Coinrule Unveils AI-Driven Marketplace to Simplify Automated Trading
Coinrule has launched an AI-driven Marketplace, offering pre-built trading strategies and customization. The platform aims to simplify automated trading for all experience levels.
Coinbase Bolsters Advisory Board with Security Experts
Coinbase has enlisted four national security experts to its Global Advisory Council, including former U.S. Secretary of Defense Mark Esper, former U.S. Representative Stephanie Murphy, Counterterrorism Advisor Frances Townsend, and strategist David Urban.
South Korea May Reconsider Stance on Bitcoin ETFs
South Korea's Presidential Office has urged the Financial Services Commission to reconsider its stance on Bitcoin ETFs, indicating a potential shift in the country's cryptocurrency regulation, following initial warnings against U.S.-based spot Bitcoin ETFs.
Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales
Nissan has filed four new Web3-related trademarks in the US and is experimenting with auto sales in the metaverse in Japan. The trademarks cover its Infiniti, Nismo, and Nissan brands and include plans for virtual goods and a nonfungible token (NFT) marketplace. Nissan Japan is conducting a three-month "demonstration experiment" of its virtual store "Nissan Hype Lab," allowing customers to "study, consult, test drive and purchase Nissan vehicles" while in the metaverse. The company's moves are in line with other car manufacturers, including General Motors and Ford, who have also been actively filing trademark applications for Web3, crypto, NFTs, and the metaverse.
Why Energy Experts are Watching the Crypto Market Closely
Words like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.
Siacoin (SC), LEO Surge Over 14% as Starknet (STRK) Sinks 21% Among Top Cryptocurrency Movers
Siacoin and UNUS SED LEO were among the top gainers over 24 hours, surging 14-15%. Starknet saw the biggest losses, plunging 22%. Ongoing volatility highlights an uncertain crypto market amid weak sentiment and volumes.
SEC Agrees to Delay Terraform Labs Trial, Awaiting Do Kwon's Extradition
The SEC has postponed the trial of Terraform Labs and Do Kwon, pending Kwon's extradition to the US, for a $40 billion cryptocurrency fraud.
Bitcoin Is Working Despite Broad Market Downturn, Says El Salvador FM
Alejandro Zelaya has defended El Salvador’s Bitcoin plan. According to the finance minister, the plan is working amid challenges posed by the market crash.
Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority
Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant milestone in its expansion into the Asian market. The license will enable Coinbase to offer digital payment token services to both individual and institutional clients in Singapore. This move aligns with the company's strategy to tap into Singapore's growing crypto and Web3 ecosystem.
FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta
FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.
Taurus raised $65 million
Credit Suisse, Deutsche Bank, Arab Bank Switzerland, and others invested $65 million in digital asset infrastructure provider Taurus.
NFT Trading Volumes Plunge After Silicon Valley Bank Collapse
NFT trading volumes dropped from $74 million to $36 million after the collapse of Silicon Valley Bank. Daily NFT sales count also fell by 27.9% between March 9 and March 11, and active NFT traders hit a low of 11,440 on March 11, the lowest recorded since November 2021.
Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX
Binance and its CEO, Changpeng Zhao, are facing a class-action lawsuit filed by plaintiff Nir Lahav, accusing them of unfair competition and SEC law violations. The lawsuit alleges that Binance manipulated the cryptocurrency market to harm competitor FTX, leading to a significant decline in FTX's utility token, FTT. The case brings into focus the broader implications of regulatory efforts in the crypto industry.
Former FTX Executive Ryan Salame Agrees to Forfeit $5.9 Million Bahamas House in Plea Agreement
Ryan Salame, the former co-CEO of FTX Digital Markets, has reached a plea agreement in a criminal case. As part of the agreement, Salame has agreed to transfer his $5.9 million Bahamas house to FTX Digital Markets Ltd. instead of paying $5.6 million in restitution in cash.
Binance Research Reveals Key Crypto Market Trends
Binance Research's latest report reveals a thriving crypto market in February 2024, with a 40% increase in total market capitalization, driven by spot BTC ETF inflows and strong DeFi and NFT performance.
NFT Market Facing Persistent Selling Pressure
Recent data shows that throughout April, the NFT market has had more sellers than buyers, indicating a potential lack of demand for NFTs.
Defunct File Sharing Network LimeWire to Make a Comeback as NFT Marketplace
LimeWire, the controversial file-sharing network that closed down back in 2010 is relaunching this May, but as a Non-Fungible Token (NFT) marketplace
Private Market Confidence Rises as Investors Embrace Digital and Healthcare Sectors in 2024
Adams Street Partners' survey indicates 90% expect private markets to outperform public markets in the long run, with two-thirds planning to enhance allocations in 2024, highlighting digital disruption's importance.
PancakeSwap Launches V3 with Lower Fees and Enhanced Capital Efficiency
PancakeSwap has launched version 3 of its automated market maker platform, featuring lower fees and enhanced capital efficiency. Liquidity providers can now select custom price ranges, allowing specific control over capital investments, and the release also includes four new trading fee tiers. The platform serves over 1.5 million unique users and has more upcoming features in development.
How Crypto Market Reacted After Biden's Executive Order on Digital Currencies
Here is how the crypto market reacted to the latest US government's Executive Order on digital currencies.
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.
HKEX Introduces Synapse: A New Settlement Acceleration Platform for Stock Connect
Hong Kong Exchanges and Clearing Limited (HKEX) announces the launch of HKEX Synapse, a settlement acceleration platform designed to improve market efficiency and transparency for Northbound Stock Connect participants. The platform, set to launch on October 9, 2023, will employ DAML smart contracts to streamline post-trade operations. The move aims to enhance real-time data synchronization and scalability for asset managers, brokers, and other market participants.
Investors Interested in Digital Assets Despite Volatile Market
Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.
Bitcoin Sentiment Soars to 76, Reflecting Extreme Market Greed
Bitcoin's market sentiment score hits 76, indicating extreme market greed, driven by expectations of SEC's decision on spot Bitcoin ETFs.
Growth of Blockchain Market will Reach $67.4B by 2026: MarketsandMarket Report
MarketsandMarkets, a revenue impact and advisory firm, released a new market research report on July 4, stating that the market global trend is witnessing the growing popularity of cryptocurrencies.
Seychelles Crypto Exchange OKX to Expand Services to Australia
OKX, the Seychelles-based crypto exchange, plans to expand its services to Australia due to the country's strong uptake of cryptocurrency. The exchange sees Australia as an essential part of its growth strategy and intends to build a strong local office.
EDX Markets Debuts Cryptocurrency Trading Platform and Wraps Up Latest Investment Round
In a key milestone, EDX Markets has successfully kick-started its cryptocurrency trading operations and completed a fresh funding round
Mark Cuban To Testify On Voyager Marketing
Mark Cuban will be deposed in a class-action lawsuit claiming that he supported Voyager Digital's Ponzi scam. Judge Lisette M. Reid ordered Cuban's complete deposition on February 2 in Dallas, Texas. Plaintiffs' attorneys applauded the judge's denial of Cuban's motions to halt and postpone discovery.
SEC Cybersecurity Breach: Investigating the Fallout and Future Measures
The SEC's recent cybersecurity breach, involving an unauthorized post on its X (formerly Twitter) account about a Bitcoin ETF, underscores the need for robust cybersecurity measures. The SEC is actively investigating the incident, highlighting the broader implications for security practices in social media and government agencies.
Google Sues Unknown Entities for Malware Scheme Disguised as AI Chatbot Bard
Google is suing individuals for a malware distribution scam involving false AI chatbot ads, aiming to protect users and intellectual property amid growing digital security challenges.
Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation
The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is based on the current legal framework, which prohibits banks from trading cryptoassets for their own account.
Nvidia's Soaring Data Center Revenue Signals Strong AI and GPU Market Position
Nvidia's Q3 fiscal 2024 results show a 279% increase in data center revenue and a 206% overall revenue increase to $18.12 billion, highlighting its success in AI and GPU markets. Analysts predict further growth in 2024.
Gitcoin and Shell Partner to Leverage Blockchain for Climate Solutions
Gitcoin collaborates with Shell to incentivize renewable energy adoption using blockchain. The partnership includes funding for Climate Solutions rounds and a Q4 hackathon.
Ether Surges to Over $1,900 Ahead of Staking Withdrawals
Ether breaks $1,900 for the first time in over seven months, ahead of the Ethereum Shanghai hard fork that will allow stakers to withdraw their ETH. The recent price increase may be driven by expectations of the Federal Reserve easing its quantitative tightening efforts and increased demand for Ether due to more flexible staking options.
Dragonfly Capital Invests $10 Million in Bitget
Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget to support its global market and service expansion and corporate social responsibility initiatives for crypto education and adoption. Bitget plans to expand its spot trading, launchpad, and Bitget Earn products. Despite the FTX collapse, cryptocurrency derivatives exchanges have recovered, and central exchanges' open interest has risen to approximately $68.5 billion.
Binance CEO Calls Out ‘Bad Players’ for Crypto Exchange Jitters
Changpeng ‘CZ’ Zhao has called out for crypto advocates to address the dark side facing the crypto world.
CME Group and CF Benchmarks to Introduce APAC Reference Rates for Bitcoin and Ether
CME Group and CF Benchmarks will launch APAC-specific Bitcoin and Ether reference rates on Sep 11. The rates aim to cater to growing crypto interest in the Asia Pacific, providing daily U.S. dollar values at 4 p.m. HK/SG time.
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.
SEC Delays Decision on Invesco and Galaxy Digital's Ether ETF
The SEC extends the review period for the Invesco and Galaxy Digital's Ether ETF until February 6, 2024, signaling continued caution in cryptocurrency product approvals.
Ishan Wahi pleads guilty to two counts of conspiracy to commit wire fraud
After pleading guilty to two charges of conspiracy to conduct wire fraud, former Coinbase product manager Ishan Wahi will spend at least three years.
Baidu's Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie
Reports of Baidu’s AI chatbot Ernie Bot undergoing military testing led to an 11.5% drop in its stock, reflecting investor concerns over potential U.S. sanctions and the intricate challenges facing Chinese AI companies in the global tech landscape.
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.
Binance Undergoes Leadership Shakeup Amid DOJ Investigation
Binance names Richard Teng as CEO amid Changpeng Zhao's departure due to legal issues, signaling a new leadership era as the company navigates a DOJ probe.
Scammers adapt to survive during crypto winter
While crypto scam revenue dropped by 46%, scammers adapted and shifted their strategies to prey on people's emotions, with romance and giveaway scams on the rise.
CoinMarketCap Crypto Report: Top 20 Exchanges Mark a 36% Drop in Spot Trade Volume from Previous Quarter
In the first half of 2023, the cryptocurrency market has seen significant shifts in exchange activities, according to a comprehensive analysis by CoinMarketCap.
Spot Bitcoin ETFs: A Pivotal Decision by SEC Awaits
The SEC is nearing a decision on approving spot Bitcoin ETFs, which could significantly impact the cryptocurrency market and investor sentiment, with discussions focusing on minor amendments.
Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge
Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW)
Even Mark Cuban Isn't Immune: CZ's Essential Guide to Fortifying Your Crypto Assets
Changpeng Zhao, CEO of Binance, emphasized the vulnerability of even experienced crypto users, citing a recent hacking incident. He highlighted the importance of security awareness and practices in the crypto space, pointing to an article he wrote three years ago. CZ highlighted the need for understanding basic security concepts, deciding between storage methods, and using strong passwords and two-factor authentication.
South Korea's Stance on Virtual Currency Investment and ETFs in 2024
South Korea reaffirms its prohibition of local financial institutions from owning, buying, or investing in cryptocurrencies and businesses offering crypto, including a strict ban on cryptocurrency exchange-traded funds (ETFs).
Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend
Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.
Bloomberg: FTX Bankruptcy Triggers 30% Profit Margin Drop for Crypto Market Makers
FTX's bankruptcy has reduced profit margins by 30% for crypto market makers, prompting reevaluation of risk profiles. Monthly spot trading volumes on centralized exchanges have plummeted 74%, causing firms to retreat.
WEF Report Warns of AI and Quantum Computing Risks
The WEF 2024 report warns of the negative impacts of AI and the risks of quantum computing, including misinformation, labor market disruptions, security concerns, and ethical issues in healthcare and geopolitics. The report calls for increased regulation and public awareness of AI.
Binance Expands Spot Market with New Pairs and Introduces Automated Trading Bots Services
Binance enhances trading options on its spot market with new currency pairs and launches trading bots services for optimized trading strategies.
South Korean Court Clears Former Terraform Labs CEO of Security Violations
A South Korean court dismissed charges of security violations against former Terraform Labs CEO Hyun-seong Shin, ruling that LUNA is not a security under the country's Capital Markets Act. The court rejected the prosecution's appeal for confiscation of Shin's properties and arrest, and stated that Luna is not a financial investment product regulated by the act. However, the prosecution has appealed to the Supreme Court against the verdict of the lower district court.
Nigerian Crypto Community Affected by Paxful Shutdown
The closure of Paxful, a peer-to-peer cryptocurrency marketplace, has left the Nigerian crypto community searching for alternatives. Nigeria, ranked eighth in crypto adoption, was significantly impacted by Paxful's pioneering use of peer-to-peer technology. Members of the community expressed concern over the future of crypto marketplaces and the fate of their funds.
Stone Ridge Shutting down Bitcoin Futures Fund, Returning Money to Investors
Stone Ridge’s Bitcoin Futures Fund suffers losses triggered by market downturn and competition.
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.
FCA Restricts Rebuildingsociety.com, Impeding Binance's UK Compliance Efforts
The UK's Financial Conduct Authority (FCA) has imposed restrictions on Rebuildingsociety.com Ltd, a peer-to-peer lending platform, impacting its recent partnership with crypto exchange Binance for complying with the FCA's marketing regime. The regulation mandates firms to ensure transparent and fair marketing, affecting Binance’s strategy to serve the UK market. The move showcases the FCA's stringent stance towards ensuring marketing compliance, especially within the crypto sector.
FINRA Identifies Widespread Violations in Crypto Communications
A recent FINRA review reveals over 70% of crypto-related retail communications from member firms contain potential violations of regulatory guidelines, including false or misleading claims.
Long-Term Bond Slump Mirrors Historic Stock Market Crashes, Stirs Investor Concerns
The historic slump in long-term bonds, closely mirroring past notorious stock market crashes, has stirred concerns among investors and financial analysts. The discourse on social media, led by notable figures like Genevieve Roch-Decter, CFA, emphasizes the gravity of the situation, with particular implications for retirees and other bond-dependent investors.
Rarible launches Polygon-based NFT marketplace builder
Rarible launched a marketplace builder for nonfungible token (NFT) collections. The team reported "tremendous traction" in Polygon NFT.
NY Fed New Rules Cast Uncertainty on Circle's Access to Reverse-Repurchase Program
The New York Federal Reserve has updated its rules for reverse repurchase agreements (RRP), potentially hindering Circle's access to the Fed's reverse-repurchase program. The Circle Reserve Fund is a money market fund only available to Circle and could be deemed ineligible under the Fed's updated guidelines.
Mango Markets Exploiter Avraham Eisenberg Detained Awaiting Trial
Puerto Rico judge detained Mango Markets exploiter Avraham Eisenberg. Bail hearings might result in detention orders. If a court orders detention, the defendant will stay in jail until the case is over or they are freed through bail review. Eisenberg was detained on Dec. 28 for market manipulation and fraud.
Animoca Brands refutes claims of scaled back metaverse fund and plummeting valuation
Venture capital firm Animoca Brands denies claims of reducing its metaverse fund target by $200 million and a significant drop in its valuation, citing inaccurate reporting. The firm acknowledges the impact of banking collapses on fundraising but states that the final amount raised for the fund is yet to be determined.
Jimmy Fallon Fights Subpoena in NFT Legal Battle
Lawyers for Jimmy Fallon have filed a petition to quash a subpoena requiring him to testify in the Yuga Labs Inc. v. Ripps et al. case, stating that he has no connection to the dispute. Meanwhile, Getty Images has partnered with NFT platform Candy Digital to offer rare photos in NFT form, starting with photographs from its 1970s music and culture collection. The NFT market is experiencing growth, with marketplace volume increasing for the fourth consecutive month in February. To provide more comprehensive insights into the NFT economy, Forkast Labs has launched a series of NFT indexes, including the Forkast 500 NFT index that measures performance across 21 blockchains.
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.
WisdomTree Third-Quarter Crypto Assets’ AUM Drop 36% As Market Losses Continue
WisdomTree has seen its crypto assets under management fall by 36% in what the company said has been triggered by the ongoing market turbulence.
Upbit's Massive LOOM Transactions Drive Market Fluctuations
Upbit's hefty LOOM transactions to Binance and Bithumb, alongside its substantial holdings of the token, have coincided with a notable price dip, spotlighting the exchange's sway over LOOM's market dynamics.
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.
Bitcoin's Market Cap Surpasses Meta's Despite Turbulent Week for Crypto
Bitcoin's market cap has surpassed that of tech giant Meta, despite a turbulent week for the crypto market following the downfall of Silicon Valley Bank and Signature Bank. Bitcoin's market cap has risen 9.7% in the past 24 hours, sitting at $471.86 billion and ranking it 11th among top assets by market cap.
Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety
K33 Research analysts warn that the potential return of over $9 billion worth of Mt. Gox-era Bitcoin could unsettle the market and exert negative price pressure on Bitcoin. Creditors of the now-defunct Mt. Gox crypto exchange have shared updates on their claims, indicating that Bitcoin repayments could begin as early as next month. The sheer quantity of Bitcoin involved could create an "overhang" and potentially impact Bitcoin's price in the coming weeks.
LooksRare NFT Marketplace Upgrades to Version 2, Reducing Fees by 75%
LooksRare has upgraded to version 2, reducing fees by 75% and implementing new features. Sellers now receive Ether instead of Wrapped Ether, and the platform allows for bulk buying and selling orders. Users can also buy an NFT with one wallet but send it to another.
Former BitMEX CEO Arthur Hayes Discusses Market Weakness and Banking Tricks
BitMEX CEO Arthur Hayes has shared his views on the potential market weakness and banking tactics in a recent article on Medium. While emphasizing that his opinions should not be considered investment advice, Hayes provides insights into the macro setup and his analysis of the current market conditions.
Microstrategy's Bitcoin Investment Turns Green Again
Microstrategy's Bitcoin investment has turned profitable again as BTC surpassed the critical resistance of $29,000 and hit a new 10-month high of $30,163. The company had accumulated 140,000 BTC for nearly $4.17 billion at an average price of $29,803 per BTC. After a 70% drop in BTC price during the crypto winter in 2022, the price has seen over a 55% increase in the first quarter of 2023, outperforming most traditional stocks and bonds.
Binance to Delist BAKE, ID, MBOX, OP, RDNT, UNI Related Trading Pairs in Spot Market
Binance has announced the delisting of several trading pairs in its spot market. Effective April 12, 2024, Binance will remove the BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB trading pairs. The decision was made to maintain a high-quality trading environment and protect users. Despite the delisting, the tokens will still be available for trading on other pairs within the Binance ecosystem. Users are advised to update or cancel their Spot Trading Bots prior to the cessation to avoid any potential losses.
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.
Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election
Taiwanese authorities warn against using cryptocurrency betting platforms for the January 2024 presidential election, amid ongoing investigations and multiple arrests.
US Crypto Crackdown Hurts USD Coin
Circle CEO Jeremy Allaire has blamed the declining market capitalization of USD Coin (USDC) on the cryptocurrency crackdown by US regulators. Allaire cited global concern about the US banking system and regulatory environment as major factors.
TRON Toasts Tether Takeover in Bumper Year for Blockchain Network
2020 will go down as a good year for crypto and a very good year for TRON. While the entire industry came on in leaps and bounds, the progress made within the ever-expanding TRON ecosystem was particularly impressive, giving even its skeptics pause for thought.
Bali-based Ekta Secures $60m from VC GEM
Bali-based Ekta has secured $60 million in funding from venture capital firm Global Emerging Markets (GEM), despite a downturn in the crypto market.
NBA Entangled in $4.2 Billion Lawsuit Over Voyager Crypto Collapse
NBA faces $4.2 billion class-action lawsuit for alleged negligence in marketing partnerships with Voyager Digital, focusing on unregistered securities and celebrity endorsements in cryptocurrency.
IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype
IBM has introduced a new prototype AI chip named NorthPole, exhibiting remarkable speed and energy efficiency, as reported in Science Magazine on October 19, 2023. The chip, showcasing a 25-fold higher energy efficiency and a 22-fold lower time latency on benchmark tests, addresses the longstanding von Neumann bottleneck by melding memory with computation on-chip. This innovation opens up avenues for applications like autonomous surgery and self-driving vehicles, with continued research on this architecture already underway at IBM.
Elon Musk Responds to Dogecoin Founder's Drastic Income Reduction
Elon Musk, CEO of Tesla and SpaceX, responds to Dogecoin founder Billy Markus's decrease in social media earnings, highlighting the complexities of monetization algorithms and the fairness of revenue-sharing models, amidst increasing competition in the market.
DWF Labs Co-founder Andrei Grachev Announces Financial Partnership with DMCC
Andrei Grachev, co-founder of DWF Labs, announced a financial partnership with DMCC, supporting firms transitioning to Dubai DMCC. This announcement, juxtaposed with Grachev’s recent Twitter feud with GSR.io's Cristian Gil, highlights the competitive and cooperative facets of the crypto market landscape, and the challenges and opportunities DWF Labs encounters in its journey.
Celsius Files for Chapter 11 Bankruptcy Protection, Clears Debt with Compound
Celsius Networks has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York. The crypto lender also repaid its remaining debt to the DeFi lending protocol Compound.
Crypto.com Denies Allegations of Misleading Trading Practices, Faces Regulatory Scrutiny Over Proprietary Trading Concerns
According to insider sources cited by The Financial Times, Crypto.com, the Singapore-based cryptocurrency exchange platform, allegedly operates an in-house trading and market-making team whose primary objective is to generate profits rather than facilitate trading.
FCA Unveils Guidance on Cryptoasset Promotions Compliance
The UK's Financial Conduct Authority has issued a finalised non-handbook guidance on Cryptoasset Financial Promotions, aiming to clarify compliance with new laws and balance consumer protection with innovation for long-term economic growth.
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.
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.
Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela
Bitfinex has initiated a zero-fee trading feature for market takers on its Peer-to-Peer (P2P) platform in Argentina, Colombia, and Venezuela as of October 11, 2023. This move comes post the recent extension of the P2P service to these regions, aiming to reduce transaction costs, enhance liquidity, and encourage crypto trading. Users can access this facility by logging into their Bitfinex accounts and selecting the P2P option.
DBS Bank Says Its Bitcoin Trading Surged Amid Global Market Crash
DBS bank has ploughed ahead with its Bitcoin trading operations despite a slump in the digital asset markets.
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.
Former FTX Executive Under Investigation for Potential Campaign Finance Violations
Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly under investigation by U.S. authorities for potential violations of campaign finance law. Salame, along with his girlfriend Michelle Bond, who ran as a Republican candidate for New York’s 1st congressional district in 2022, are at the center of this investigation.
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.
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.
Crypto.com Removes Data from CoinMarketCap after Prices go Haywire
Cryptocurrency data provider CoinMarketCap.com had a data failure on Tuesday night, causing many cryptocurrencies to show astronomical gains.
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.
Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030
The blockchain gaming market is predicted to surge from $154.46 billion in 2023 to $614.91 billion by 2030, fueled by trends like DAOs, crypto adoption, AR/VR, cloud gaming, and creative collaborations.
Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre
Bolt said that it has pulled out of a $1.5 billion deal to buy crypto firm Wyre amid market downturn.
Tornado Cash Token Plummets Following Binance Delisting Announcement
The Tornado Cash token's value significantly decreased following Binance's delisting announcement, amid regulatory and market compliance issues in the cryptocurrency sector.
South Korea and U.S. Set for High-Level Crypto Regulatory Talks in January
South Korea's FSS Chief, Lee Bok-hyun, is set to meet with SEC Chair Gary Gensler in January to discuss cryptocurrency market regulation in light of global market changes.
UK Cryptocurrency Exchanges Adapt to Enhanced Regulatory Standards
The UK is intensifying regulatory standards for crypto exchanges under the Financial Services and Markets Act, aiming for parity with traditional financial services. Exchanges must comply with stringent risk assessments and finance tests, impacting both domestic and offshore entities.
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.
Vitalik Buterin Highlights Polymarket's Prediction on Ethereum's Gas Fee Reduction
Vitalik Buterin draws attention to predictions of lowered Ethereum gas fees post-EIP-4844, with market speculation suggesting major cost cuts.
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%.
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.
Investors Flock to US Money Market Funds Amid Banking Crisis
Amid banking crisis fears, investors have poured $286 billion into US money market funds in March, with Goldman Sachs, JPMorgan Chase, and Fidelity among the biggest winners. These funds are offering high liquidity and low risk, making them popular during uncertain times.
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.
Market Sees Broad Price Slump as Bulls Refuse to Hold the Forte
Bitcoin, Ethereum and the majority of altcoins are shedding off their price gains in the past couple of days
Crypto Prices This Week: Market Cap Stays above $1 Trillion, BTC, ETH, DOGE, SHIB, AR
The crypto market is generally higher at the start of this week but continues holding a sideways pattern.
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.
3 Reasons Behind Bitcoin and the Crypto Market's Sudden Crash
Bitcoin whales have been shorting the cryptocurrency market.
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.
Reasons Why the Bitcoin Price will Plunge Soon
Why the Bitcoin price could plunge soon? Reasons include technical analysis, DeFi hype collapse, US Dollar index and gold price correlation, and economic conditions
Bitcoin’s Price Boom is Artificially Inflated, says Peter Schiff
Peter Schiff claims that the current rise in bitcoin prices is due to market manipulation.
Connecting Crypto Exchanges with CMC's New Liquidity Metrics: What We Learned at The Capital
Beginning on Nov. 12 and spanning two days, CoinMarketCap held its inaugural large-scale event, The Capital, which brought together leading stakeholders in the blockchain, cryptocurrency, regulatory and financial industries.
Interview with Noble Gold Investments CEO: Gold as Hedge Tool against Inflation?
Exclusive: Blockchain.News recently had a conversation with Collin Plume, the President and CEO of Noble Gold Investments, regarding whether gold could be a safe haven investment that investors should rely on during turmoil times.
How is CoinMarketCap Combating Fake Crypto Trading Volumes with its New Liquidity Metric?
Crypto data aggregator, CoinMarketCap (CMC), held its inaugural large-scale event, The Capital, bringing together leading stakeholders in the blockchain and cryptocurrency space. Held at the Victoria Theatre in Singapore on Nov. 12-13, CMC released its new metrics for assessing liquidity for the industry to solve the problem of volume inflation caused by crypto exchanges and market makers
Paxful CEO: COVID Economic Measures Add Fuel to Peer-to-Peer Bitcoin Renaissance in India
As the impact of the coronavirus pandemic continues to steer Central banks and monetary policy into new and creative directions, the market outlook has been drastically altered to view alternative assets such as Bitcoin as legitimate safe haven assets. Recent developments with the Reserve Bank of India lifting its crypto ban has also triggered a wave of cryptocurrency buying in the emerging economic superpower, and Paxful has been right at its centre.
Meet the FinTech Entrepreneur: Co-Founder of FinFabrik, Florian Matthaeus Spiegl
There has been a lack of innovation and digitization in the capital market systems, we sat down with Florian Spiegl, the Chief Operating Officer of FinFabrik in Hong Kong, to explore his journey from the traditional capital markets industry to the new modern digital space. FinFabrik, a start-up focused on bridging the gap between the traditional financial markets and the digitization of assets has come a long way helping institutions to digitize illiquid and alternative assets.
Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading
During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.
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.
CoinMarketCap CSO, on DeFi for Fostering a More Open Economy
Following part one of our interview with Carylyne Chan, the Chief Strategy Officer at CoinMarketCap, she elaborated on seizing market opportunities in decentralized finance (DeFi) with a new product, Interest by CoinMarketCap. She also outlined the potential effects of staking regarding CMC’s operations and plans for 2020.
Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs
In the recent conversation with CoinMarketCap, Proof-of-Stake Founder Sunny King revealed how his crypto journey is inspired by Steve Jobs and Elon Musk! He also debunked the myth that energy consumption contributes to the intrinsic value of cryptocurrencies.
Netherlands CBD Producers Harness Blockchain Technology for Enhanced Traceability
A consortium of Netherlands CBD producers called the Cannabinoid Association of the Netherlands (CAN) is leveraging blockchain technology to enhance traceability, accountability, and transparency in the CBD market.
eBay Officially Launches NFT Sales on Its Platform
eBay has moved to get a piece of the pie in the NFT market share.
Anticipation for Cardano’s Mary Upgrade Grows as It Is Hours from Launching – Here’s What You Need to Know
Cardano’s blockchain upgrade, dubbed Mary, is set to go live today at 21:44 UTC.
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.
Cambridge Report: 77% of Enterprise Blockchains Are Not 'Truly Transformational'
Following on from its initial 2017 Global Blockchain Benchmarking Study, the new study underlines the significant changes in the industry landscape since the initial version. According to the findings, the new report states, “Two years ago, the industry landscape was mostly dominated by half-hearted experiments and short-lived proofs-of-concept – often announced with great fanfare and publicity – the hype has gradually given way to genuine development of sustainable blockchain networks that are increasingly being deployed in production environments.”
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.
CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation
CoinMarketCap, a leading crypto data tracker, has gone a notch higher by presenting a new ranking system based on an innovative algorithm powered by machine learning. According to the company’s blog post, this new approach will enable users to make more profound trading decisions when it comes to market pairs. The new approach presented by CoinMarketCap seeks to revamp its current single metric ranking network to a combined one that will handle at least 22,000 market pairs covering more than 5,500 cryptocurrencies.
Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens
The Metacade presale is selling out fast with stage 3 coming to a close after just 12 days. The presale of the play-to-earn (P2E) metaverse arcade saw its previous rounds sell out within 4 weeks, raising $2.7 million but this has been dwarfed in comparison to the third stage selling out at lightning speed and bringing the project to raise past $5 million in just several days.
HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry
HeartX, previously known as ArteX, a trailblazer in the digital art industry, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that empowers artists, collectors, art consultants and art lovers to redefine the value of digital art. The HeartX platform provides a secure, immersive, and transparent space for creating, sharing, and trading digital artworks, catering to artists, collectors, and the web 3 community alike.
MarketAcross is Named Korea Blockchain Week’s Official Media Partner
Tel Aviv, Israel / Seoul, South Korea (June 2, 2022) – MarketAcross, the world’s leading blockchain PR & marketing firm, has been appointed the official global media partner for the Korea Blockchain Week (KBW), Asia’s flagship blockchain event. The partnership will see MarketAcross manage the pre- and post-event marketing and PR efforts, bring prominent speakers, and help raise the profile of the prestigious event worldwide.
Satoshi Nakamoto's last unfinished project inspires this new online marketplace disruptor in the crypto space
A fork of Bitcoin, known as Particl, has announced the completion of an eBay-style marketplace that’s been integrated into its wallet. Built using blockchain smart contracts, the marketplace is derived from an original concept first proposed by Satoshi Nakamoto.
Cerus Markets Launches Revolutionary Platform for Crypto Derivatives Trading
On 4th April 2023, Cerus Markets announced the launch of its new platform for easy, safe, and innovative crypto derivatives trading. Founded by industry veterans, Cerus Markets plans to revolutionize the way people trade cryptocurrencies.
OKX Liquid Marketplace Records Over USD1 Billion in Institutional Trading Volume in 2023
OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that its Liquid Marketplace, an on-demand liquidity network tailored for institutional traders, exceeded USD1 billion in trading volume in 2023.
HowToPulse.com Launches NFTonPulse.io, a Brand New NFT Marketplace
NFTonPulse.io has announced the launch of its innovative NFT marketplace, designed to be the ultimate destination for NFT enthusiasts, artists, and collectors.
Space and Time and Microsoft Make Blockchain Data Accessible on Azure Marketplace
Space and Time and Microsoft announce that developers can now deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The one-click deployment provides customers with an accelerated on-ramp to easily access, manage and perform analytics on blockchain-native data.
Why is chainlink so important, and What will Chainlink be worth by 2022?
There is various kind of cryptocurrency which is growing day by day in a very vast manner. The best thing about cryptocurrencies is they are very much helpful, and one person can get a huge amount of return if they invest wisely in cryptocurrencies. Most people love to invest in cryptocurrency just because of the amount of return they get. For example, Bitcoin is common to be one of the best examples of showing what drastic change a cryptocurrency can get in the market.
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.
China Evergrande's Financial Crisis Triggered Monday's Sell-off, Crypto Prices Follow the Slump
The Crypto market slumped as fueled by the financial crises of China Evergrande.
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.
Crypto Assets Mark Cap Continuously Sinks by $200bn
The market cap of the crypto asset continues to suffer by losing $200 billion within a day. Bitcoin suffers from bear market sentiment, breaking $26,000 to its lowest level in 16 months.
Crypto Markets Waver with $30 Billion in a Bitcoin Sell-Off
This bearish triangle pattern exhibited by Bitcoin for the past months reached its lowest- $8000
Crypto Market Crashes after Putin Announcing Military Operations against Ukraine
The crypto market is full of bearish sentiment, right after Russia launched the latest military operation against Ukraine. Bitcoin has fallen over 8%, whereas Ethereum has plunged over 10%.
JPMorgan Sees Retail Demand Improving, Ending ‘Intense Phase’ of Deleveraging
According to JPMorgan, the current crypto market is seeing improved investor sentiment and increased demand driven by retail investors.
Crypto Assets Mark Cap Sinks by $800bn within a Month
Crypto assets market lost $800 billion in terms of market cap within a month, Bitcoin continues to suffer from the bearish sentiment, battling at the key technical levels - $30,000.
Bitcoin, DeFi Space See Positive Momentums, NFT Market Declines in Q3
A new report by CoinGecko shows that cryptocurrencies generally led by Bitcoin and DeFi saw some positive little movements in Q3.
Greenidge Generation’s Bitcoin Mining Production Rose 18% in June
Greenidge produced 230 Bitcoins in June, an increase of 18% compared to production seen in May. The company also has ordered additional 200 mining machines to be on delivery to increase its mining ability.
Argo Shares Plunges 72% After Fundraising Fails to Go Through
Shares of Bitcoin miner Argo fell 72% on Monday after a strategic investor failed to participate in the company's fundraising event
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.
Bitcoin Mining Difficulty Spikes 13.55%, Reaches New ATH of 35.6 Trillion Hashes
Mining difficulty has reached a new all-time record, indicating that more miners are participating in the network.
CleanSpark Orders Purchases of New Bitcoin Mining Rigs to Survive Bear Market
Despite the current crypto bear market, CleanSpark is trying to become one of the experienced miners to capture the bulk of the market share.
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.
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.
75% Investors Joins Crypto Space due to GameFi, Survey Shows
Despite the recent market crash might discourage investors. A survey shows that 75% of investors join the crypto space due to GameFi.=
Blockchain Technology and the Gig Economy Will Propel Better Work Choices with more Flexibility
According to a report commissioned by Appjobs and Vinter, blockchain technology and the gig economy’s growth will reshape how people live and work in the future.
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.
Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals
With blockchain, industries like the financial services are finding alternative modes of cash transfers, with a gradual switching to cryptocurrencies. The use cases of blockchain technology are steadily transcending digital asset opportunities, as key EU partners now believe the technology could help meet the Paris Agreement Carbon Goals.
1 Million Aussies to Enter Crypto Over the Next 12 Months, Says Swyftx Survey
A study suggests that Australians are looking for alternative investment opportunities during a time of rising turbulence in international markets.
Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold
A new report from international news agency Bloomberg indicates that the COVID-19 pandemic’s shake-out of the stock market may be accelerating Bitcoin’s maturation into a new kind of digital gold.
Why is the Bitcoin Price Correlation with the Stock Market Currently High?
Unlimited Quantitative Easing has had the most significant impact on the stock and crypto market, meaning both markets have a strong correlation with monetary policy.
Crypto Market to Skyrocket to $1.75 Billion by 2027, Report Reveals CBDCs Could be a Game-Changer
Fortune Business Insights reports that the cryptocurrency market will hit $1.758 billion by 2027 from $754 million recorded in 2019, representing a compound annual growth rate (CAGR) of 11.2%. This growth will be spurred by blockchain technology as it makes cryptocurrency transactions effective, secure, and fast.
Eastern Asia’s Crypto Market Growth Halts, China's Crypto Transaction Volume Drops by 31% YoY
Eastern Asia's crypto growth came to a near standstill since last year triggered China crackdowns.
Percentage of Crypto Transaction Volume Used for Crime is Reducing: CipherTrace
The growth of the broader cryptocurrency ecosystem is not reflected in the percentage of crypto transaction volumes being used for illicit or fraudulent criminal activities.
Allied Market Research: Blockchain Integration into the Global Retail Market to Garner $11 Billion by 2026
Allied Market Research, a global market research and business firm, has reported that the incorporation of blockchain into the global retail market will garner $11.18 billion by 2026 from $83 million recorded in 2018.
CoinGecko Study Shows Countries Most Interested in Crypto Since Market Crash
Crypto data aggregator CoinGecko has released a new survey showing global interest in cryptocurrency adoption. Nigeria, The United Arab Emirates, and Singapore are firmly in the lead.
Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis
Researchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.
Crypto Market Cap Smashes $1 Trillion with JPMorgan Projecting $2.5 Trillion to Come
The Crypto industry's market capitalization has surpassed the $1trillion market cap. JPMorgan has projected there could be room for an additional $2.5 trillion in 2021.
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 ATM Market Expected to Hit $1.18B by 2028, Driven by Increasing Fund Transfers
A surge in fund transfers is expected to expedite the global crypto ATM market to hit $1.185 billion by 2028, according to Vantage Market Research.
PayPal Payment Giant to Expand Cryptocurrency Offerings to UK Market Within Months
PayPal has revealed a brief timeline, indicating the expansion of its crypto business to the UK market in a few months’ time.
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.
Bitcoin, Ethereum, Chainlink, and Ripple XRP Regain Strength Amid Price Correction
Bitcoin, Ethereum, Chainlink, Ripple, and Litecoin are regaining their bullish momentum despite plummeting after a price spike.
Binance Follows Bybit in Appointing Top Compliance Official
Maxwell Baucus, former U.S. senator and ambassador to China, has joined Binance. The top official will become policy advisor and government liaison to the exchange. Given Baucus’s influence in US political circles, the move should support Binance’s expansion efforts within North America, where its Binance US platform operates.
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.
Crypto Market Witnesses Increase in Women Users: Report
According to a report from BTC Markets, there was a 175% increase in women crypto users last fiscal year. The percentage dwarfed the 80% increase it saw in male users.
Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th
Which cryptocurrency has the highest Return on Investment (ROI) as of Q1 2020? We have compared the ROI of the top 30 cryptocurrencies with the highest market capitalization on CoinMarketCap.
Crypto Market to Hit $4.94 Billion by 2030, Driven by the Need for Transparent Payment Systems
According to a report by Allied Market Research, the global crypto market is expected to rise from $1.49 billion registered in 2020 to $4.94 billion by 2030.
Institutional Investors Turning Bullish on Crypto: Survey Suggests
A new survey has highlighted the increasing bullish stance of institutional investors in the ecosystem.
Binance Launches $500M Fund for Distressed Bitcoin Miners
Private and publicly-listed bitcoin miners can now apply for loans with Binance as the crypto exchange launched a $500 million fund to cope with the ongoing downturn of the crypto-market conditions.
CoinSmart Is on the Hunt to Buy Distressed Crypto Assets
The recent market crash is the latest in global financial events that have created unique opportunities for buyers like CoinSmart and FTX wanting to acquire distressed crypto firms at a bargain valuation.
Federal Reserve Chair Powell Sees Interest Rate Hike this Month
Mr. Powell reiterated that the US Federal Reserve is preparing to increase interest rates this month, despite the uncertainty of Ukraine crisis remain.
Crypto Is Going to Make Many People Wealthy, says Market Analyst
Market analyst and trader Michael van de Poppe believes that crypto is going to make many people wealthy.
Thetanuts Finance Grabs $18M Funding Round to Democratize DeFi Structured Products
Thetanuts Finance raised the investment through the help of major investors. The decentralized finance firm plans to use the funds raised to make DeFi structured products accessible to all users, including retail investors.
Goldman Sachs Invites Investors to Conference Call on Bitcoin, Gold and Crisis Markets
Goldman Sachs is preparing to host a conference call with its top investors to discuss the impact of the current economic crisis on inflation, gold, and Bitcoin.
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.
Investors Double Down on Derivatives Market as Bitcoin Futures Contracts Hit New All-Time High
The derivatives market is growing as the open interest has surged to a new all-time high of $20 billion across major exchanges.
Bitcoin Miner Core Scientific Secures $100m Financing amid Bear Market
Core Scientific plans to use the financing to boost its liquidity. Many mining companies face an uphill struggle in the crypto bear market.
Security Token Market Launches 1st Tokenized Crowdfunding Campaign
Global leader of media and data for tokenized assets Security Token Market (STM) launches the first tokenized crowdfunding campaign that supports Web3 governance.
Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy
Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free.
Magic Eden Floats New Venture Unit to Double Down on Web3 Gaming
Magic Eden has announced the establishment of its own venture outfit dubbed Magic Ventures with a focus on bootstrapping Web3.0 gaming protocols.
End-to-end Internet Protocol Bitmarks Secures $5.6M in Series B Round
End-to-end Internet protocol Bitmark has received $5.6 million in Series B funding, co-led by Galaxy Interactive and North Island Ventures.
Crypto Market Crash Leaves Investors Counting Losses
Price crashes are a normal part of cryptocurrency investing. It is important to be ready and understand how to minimize losses during a declining market.
Opinion: What Is Driving the ‘Crypto Winter’?
Winter has hung over the crypto industry, with 2.25 trillion lost across the entire market in the past few months alone. What are the underlying reasons we find ourselves in this crypto winter?
Opinion: How Bitcoin Options Might Help Survival amid the Bear Market?
As inflation is at an all-time high, options contracts could be a good way to hedge some risks to trade an asset in the future at a predetermined price.
Bitcoin Price and the Global Financial Crisis: Everybody's Looking at the Wrong Markets
While everybody obsesses over stock markets, bailouts, and inflation, the biggest global financial risks come from the collapse of debt markets. What does this mean for bitcoin?
Top Three Advantages of the Forex Trading Profession
There are also many other foreign exchange markets where you can start trading but the Forex market has many advantages. If you know and understand the Forex market then you won’t be able to quit trading in the market. Most people choose the Forex market as it gives higher chances to make a profit than in the other foreign exchange markets. In this article, you will be able to discover the advantages of Forex trading so make sure you read the full article.
One Thing Needs to Happen Before Bitcoin Booms
No matter bitcoin's price or how well it performs as an investment asset, most people will not put any money into it until its price goes up for a while.
When the COVID Pandemic Subsides, Will Bitcoin Still be Here?
The Covid-19 pandemic is causing havoc everywhere in the world. This is definitely true in the Bitcoin markets. Up until now, it was assumed that Bitcoin was a safe haven asset that would thrive in a global economic crisis.
CoinCodex and CoinGecko Break CoinMarketCap's Monopoly on Cryptocurrency Rankings and Price Tracking
Since the release of Bitcoin in 2009, the cryptocurrency industry has continued to evolve to the extent that major banks like JP Morgan Chase have started supporting crypto businesses. This trend has created avenues for various cryptocurrency comparison sites that list prices, market cap, trading volume, and coins in real-time. Nevertheless, this field is no longer a one-stop shop because CoinGecko and CoinCodex have come up, and they are giving CoinMarketCap a run for its money.
MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk
The share plunge of the cryptocurrency market has severely hit MakerDAO, the leader in the decentralized finance (DeFi) ecosystem. Last week its market value fell sharply from 889M to $246M which brought together Maker’s developer community who have recently discussed adding support for Circle’s USDC as collateral to hedge against the liquidity risk.
Bitcoin Bull Raoul Paul Predicts 100x Crypto MarketCap Growth by 2030
Raoul Paul, one of the most vocal mouthpieces in the digital currency ecosystem expects the crypto market cap to top $250 trillion by the end of the decade.
Uniswap: Everything You Need to Know
Learn about: What Uniswap is, what the core concepts of UniSwap are. In this guide, we explain what's new in Uniswap V2, and the process of swapping tokens.
EDX Markets: Pioneering Digital Asset Trading with Institutional Focus
EDX Markets is a cutting-edge digital asset marketplace designed to cater to the needs of both crypto-native firms and large financial institutions, offering a safer, faster, and more efficient trading experience.
BitMEX Research: Inflation Aftermath of Coronavirus Financial Crash Will Be Bitcoin's Greatest Test
In the aftermath of the current Coronavirus market crash and the subsequent incoming inflation that will be caused by the response of the Federal Reserve and Central banks, Bitcoin will face its truest test and be given its its biggest opportunity to prove itself in its short lifetime according to new research from global crypto exchange BitMEX.
WorldCoinIndex, CoinGecko, LiveCoinWatch: Who Will Become the Biggest Threat to CoinMarketCap?
Since its inception in 2013, CoinMarketCap has been widely regarded as the leading provider in cryptocurrency pricing and trading data. However, its dominance came into question following the emergence of crypto data sites such as CoinGecko, WorldCoinIndex and LiveCoinWatch. Who is the biggest threat of CoinMarketCap?
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 Needs to Sustain the Level Around $32.2-33K as Support to Strengthen an Upward Momentum, says Market Analyst
Market analysts believe that the renewed upward momentum in the BTC market will sustain if the range between $32.2 and $33K got support.
MicroStrategy Earns $3 Billion as Bitcoin Price Breaks $47k
MicroStrategy's Bitcoin holdings have risen to $8.89 billion, a $3 billion gain from its initial $250 million investment in 2020, despite challenges like price drops and potential bankruptcy.
Crypto Deals Catch the Eye of Bigger Players, Triggering Price Surge
Fundraising by crypto companies has seen a surge in valuations as bigger players are pushing prices upwards.
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 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.
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.
Will SushiSwap's Sushi Token Suffer a Second Price Drop Below $1?
The SUSHI token may suffer a second drop, which could plummet below $1. Here's why.
Crypto Market Resurgence: Is the Crypto Winter Finally Over?
While investors might be optimistic about the recent bullish trend, a major question then surfaces: Does this recovery imply a return to the bullish green days?
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.
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.
Exploring AI Stability: Navigating Non-Power-Seeking Behavior Across Environments
The research explores AI's stability in non-power-seeking behaviors, revealing that certain policies maintain non-resistance to shutdown across similar environments, providing insights into mitigating risks associated with power-seeking AI.
COVID-19 Market Climate Perfect Catalyst for Bitcoin Demand Says Binance.US CEO
The coronavirus panic-driven frenzy to acquire assets of lasting bona-fide value has put the traditional gold market to the test and may be creating the perfect catalyst for Bitcoin according to Binance.US CEO Catherine Coley.
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.
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.
Schwab Q3 Survey: 44% Bullish on U.S. Stock Market and 66% See AI as a Significant Market Impact
The Charles Schwab Trader Sentiment Survey for Q3 indicates a shift in investor sentiment towards optimism, with 44% of traders optimistic about the U.S. stock market, despite concerns about recession, Federal Reserve interest rate hikes, political instability, inflation, and market corrections. Older traders are more optimistic.
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.
Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan
Mati Greenspan, founder of Quantum Economics believes the coronavirus pandemic has brought Bitcoin closer to the S&P 500 than ever before.
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.
AI's Mainstream Impact and Workforce Dynamics in 2023
2023 was a transformative year for the workforce, marked by AI becoming mainstream, changes in job roles and hiring processes, the rise of hybrid work models, the decline of corporate jargon, and notable increases in job interview compensation.
Why Young Investors are Increasingly Investing in Crypto and Cannabis
Crypto and cannabis markets seem to be attracting a rising number of young investors. Why is this so?
Why Grayscale's SEC Victory Is Unlikely to Benefit Bitcoin and Crypto Markets in the Long Run
The US Court of Appeals ruled in favor of Grayscale Investments, ordering the SEC to review its Bitcoin ETF application. This decision has boosted Bitcoin prices but may not provide long-term benefits due to inconsistent market reactions and declining trading volumes.
Bitcoin Funding Rate Flips Positive as 2.1 Million BTC Return to Profitability
BTC funding rate flipped positive based on Bitcoin's upward momentum.
Bitcoin Bulls Might Trigger a Short-Squeeze Based on the $3K Intraday Gain
Bitcoin's $3K intraday gain has created a great setup for a short-squeeze by the bulls.
AI's Rising Impact on Job Market: more position replaced especially for stem studentss
A survey of 9,388 engineers reveals growing job security concerns amid AI advancements. With 90% finding it harder to secure jobs and companies favoring AI skills, the tech industry faces a pivotal shift in employment and education.
Understanding the Market Structure of Oil and its Correlation with Bitcoin
The price of crude oil dropped below zero for the first time in history. With storage facilities filled to the brim and settlement of May futures contract on Tuesday, the price movement has shocked many. In this analysis, we study the recent history of oil, what drives it price and how it affects Bitcoin.
How Bitcoin will react to US Government Shutdown
The impending US government shutdown threatens to delay the SEC's approval for a spot Bitcoin ETF, amongst other financial repercussions. The scenario also underscores the growing frequency of federal shutdowns and the persistent concerns of credit rating agencies over the US's fiscal policymaking, all of which could have broader implications for both traditional and crypto financial markets.
Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery
In an investor letter, Dan Morehead Pantera Capital CEO explained why the current market environment could be a boom for Bitcoin as investors seek new opportunities.
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.
Blockchain Deals Are Shifting from the US to China, CB Insights Report
Blockchain Deals Are Shifting from the US to China, CB Insights Report
Off to a Good Start: Crypto Market Awakening on Sustained Retail Stack Up
With more headwinds ahead as it relates to the US Fed’s potential of raising interest rates yet again, retail investors are arguably staying alert to avoid being caught off-guard in the crypto market.
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.
Is Bitcoin’s True Power Being Revealed as COVID-19 Market Crisis Sends Oil Futures Price Below Zero?
As WTI crude oil futures plummeted into negative territory, the pioneer cryptocurrency Bitcoin hardly seemed to notice, recording only a minor correction and dipping under 7k.
SpaceX dropping $373M worth of Bitcoin led to crypto market crash
After the publishing of the news, the price of Bitcoin experienced a significant drop of around 10% within 10 minutes, causing the cryptocurrency's value to fall to $25,166 on Binance. The OKX perpectual bitcoin price even plunged to $24,098.
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.
16.4% of Total Bitcoin Supply Back to Profitability as Daily BTC Addresses Edge Closer to the 1M Mark
16.4% of total BTC supply is back to profits, which indicates that approximately 3.08M BTC were last spent, and thus have an on-chain costs basis in this price range.
Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar
As the US dollar keeps plummeting, Max Keiser revealed that Warren Buffett has moved his assets out of the US market, setting Bitcoin for its next surge.
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 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 Will Rise to Over $1 Trillion In Next Ten Years, Tesla Investor’s BTC Value Prediction
Bitcoin has had a rollercoaster year amid the COVID-19 pandemic markets rollercoaster but has ultimately persevered adding over 40% to its price exceeding $200 billion in market capitalization.
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.
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
Bitcoin Stucks in a Broad Congestion Zone, says Market Trader Peter Brandt
Veteran trader Peter Brandt has cautioned aware of "fear of missing out" (FOMO) trading in the current Bitcoin (BTC) market, warning the market has not yet in a bull run based on the congestion taking place.
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.
Bitcoin Price Bull Run Intact Despite $1700 Price Dive on Sunday
The Bitcoin price went on a wild ride over the weekend, the bulls pushing the Bitcoin price up to $12,100, before the world’s biggest cryptocurrency plunged back to $10,640 within a matter of minutes.
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.
Bitcoin is Now Worth More Than Warren Buffett’s Berkshire Hathaway with a Market Value of $540 Billion
The price surge past $29,000 has made BTC worth more valuable than Warren Buffett's Berkshire Hathaway.
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.
How Likely Will Bitcoin's Price Decouple from the Stock Market?
In times of economic uncertainty, Bitcoin has strongly correlated with the stock market.
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.
Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”
Bitcoin billionaire Cameron Winklevoss thinks that this is the perfect opportunity to invest in Bitcoin, as the dollar keep depreciating and US politicians are unable to reach a consensus on a stimulus package budget.
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.
Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss
Dave Portnoy announced that he is done with cryptocurrency and Bitcoin after undergoing a loss of $25,000 due to market crash.
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.
Bitcoin Whales and Large-Scale Institutions “All-In” on Bitcoin During COVID-19, Retail Investors Are More Cautious
Coronavirus has led many investors to turn to Bitcoin as a hedge, but the way in which individual and institutional investors leverage the digital asset differ.
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.
Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September
Our analysis predicts that the Bitcoin price could crash down to $8,000 following the rejection of the United States' second stimulus by Senate Democrats.
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 Price Finally Showing Signs of Macro Decoupling from the Stock Market
Bitcoin has finally decoupled with the stock market, as the crypto's price has been able to maintain its strength while the stock market has been tumbling.
Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests
A report from Glassnode suggests the Bitcoin (BTC) market still has not touched the bottom, despite capitulation happening.
Bitcoin’s Parabolic Price Run Pushes the Cryptocurrency's Market Cap Above $1 Trillion
Bitcoin's current bull run has served to push the world’s first and biggest cryptocurrency to a market capitalization of $1 trillion.
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.
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.
Despite Market Crash, MicroStrategy Buys 301 Bitcoins Worth $6 Million
Despite the downturn continuing in the crypto market, MicroStrategy adopts buying from the dip strategy by purchasing 301 Bitcoins over the last 2 months.
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 Most Popular Crypto in North America, Market Experts Report
Bitcoin has always been the most popular cryptocurrency on the global market, but the region that is most invested in BTC assets appears to be North America.
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.
Billionaire Investor Howard Marks Changes His Mind on Bitcoin as Demand for Crypto Rises
Billionaire Howard Marks has acknowledged that the growing demand of Bitcoin has shifted his perspective.
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.
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's Diluted Market Cap Tops $1 Trillion For First Time As BTC Price Hits New High
As Bitcoin recently attained a new ATH above $48,000, the premier digital currency has also recorded a $1 trillion diluted market cap#https://blockchain.news/news/democrat-andrew-yang-wants-new-york-city-to-be-a-hub-for-bitcoin-and-crypto;
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 Has Spent 3 Months Bouncing Between $45,000 and $60,000
Bitcoin’s upward momentum has dried up as it has spent three months bouncing between $45k and $60k, as alluded to by market analyst Lark Davis.
Bitcoin Bleeds as Celebrations about Interest Rate Hike Becoming Short-Lived
After hitting the $40K level as Fed’s interest rate hike made airwaves on May 4, Bitcoin finds itself on the receiving end because it has sunk to a two-month low.
Bitcoin is Redefining the Concept of “Overbought” as Crypto Market Cap Surpasses $1 Trillion as New ATH
For the first time, the cryptocurrency market capitalization surged above $1 trillion, as Bitcoin reached a new all-time high at around the same time.
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.
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 Addresses Sending to Exchanges Hit a Monthly Low as BTC Sits on Strong On-Chain Support
The number of BTC addresses sending to exchanges reached a monthly low of 4,831.226, as acknowledged by crypto analytic firm Glassnode.
3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600
The Bitcoin price started to plunge in coincidence with our report of the Korean police raiding Korea’s largest cryptocurrency exchange Bithumb for fraud.
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.
Winklevoss Checks on Bitcoin Critic Peter Schiff as BTC Price Smashes ATH
As the Bitcoin price soars, Tyler Winklevoss checked in on BTC critic Peter Schiff, who is adamant that the market is rising on pure speculation.
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.
18,000 Bitcoin Whales Circle the Crypto Market, Each Holding At Least $1 Million in Bitcoin
Glassnode’s recent report shows that the number of Bitcoin addresses holding at least $1 million worth of Bitcoin has increased by 38%. Currently, there are 18,000 Bitcoin whales.
Is Bitcoin a Safe Haven Asset? US-Iranian Tensions Ignite Old Debate
Bitcoin’s price has improved significantly following the U.S. killing of top Iranian general Qassem Soleimani. As tensions escalate between the US and Iran, several crypto analysts have reconsidered the old debate on Bitcoin’s ability to function as a safe-haven asset similar to gold in times of geopolitical uncertainty.
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.
Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"
CEO of Mobius Capital Partners, Mark Mobius has become the latest Bitcoin critic to slam the unpredictable nature of BTC, comparing investment in cryptocurrency to gambling.
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.
South African Supermarket Chain Pick n Pay Starts Accepting Bitcoin Payments
The development of Pick n Pay means that South African shoppers can now purchase food and other goods online with Bitcoins.
Crypto Is Entering the Early Stages of Mainstream Adoption, says Kraken CEO
Jesse Powell, the co-founder and CEO of crypto exchange Kraken, believes that the crypto sector is in its early stages of mainstream adoption.
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.
4 Reasons Why Bitcoin Rises While the Crypto and Stock Markets Drop
Why does the Bitcoin price continue to rise as the stock market, as well as the overall crypto market experience a drop? Here are four reason why Bitcoin is different.
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.
US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally
Bitcoin has been holding steadily around $10,738 at press time, as the stock market continues to recover and see gains.
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 Price and the Stock Market to Decouple Soon, says On-Chain Analyst
Bitcoin’s price action with the stock market, including the S&P 500 has been highly correlated, however, the end could be near.
Fidelity Report: Reflexivity and Investor Sentiment are Main Factors Influencing Bitcoin Price
Fidelity Digital Assets just released a report on Bitcoin's role as an alternative investment indicating almost no correlation with traditional markets. So what drives BTC's price?
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.
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.
JPMorgan Expects the S&P 500 to Rally, Will Bitcoin Follow?
JPMorgan expects that the S&P 500 would rise to between 3,500 and 3,600 by the end of 2020, and 3,750 by this time next year, a 10 percent growth.
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 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.
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.
Bitcoin Price Surges Amid Stock Market Bull—But This Could All Collapse if China Repeats its 2015 Stock Market Bubble
Bitcoin price saw a slight surge at the start of this week, while China’s stocks soared as no new local coronavirus cases were reported. US stocks also followed and saw an upward tick as investors focused on news related to the new COVID-19 vaccine and treatments.
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.
Will Bitcoin See a Bull Run in October?
Bitcoin price has had fewer price volatility than the stock market and has been more resistant to negative news than before. What will this
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.
Will Bitcoin Replace Gold as A 'Traditional Safe-Haven Asset?' Experts Debate
Nigel Green, CEO, and founder of financial consultancy firm deVere Group, addressed Bitcoin’s bullish traction on the crypto market and boldly stated on his Twitter platform that the cryptocurrency was potentially going to “knock gold from its long-held position” of being a safe-haven asset.
Gemini Co-Founder Winklevoss Thinks BTC Is Set For Its Next Bull Run, With the Fed's Money Printing
Co-founder and CEO of Gemini crypto exchange Tyler Winklevoss thinks that the US Federal Reserve’s economic stimulus strategy would positively impact Bitcoin and its pricing on the crypto market.
Bitcoin Funding Hits a Monthly Low as Consolidation Continues
The consolidating Bitcoin market has been partly prompted by funding rates hitting a monthly low.
"Buckle Up" For Bitcoin's Next Bull Run, Cameron Winklevoss Says
Gemini co-founder Cameron Winklevoss believes that the next Bitcoin bull run coming up will be "dramatically different,” due to the innovative financial resources that crypto investors have access to nowadays and to the current economic infrastructure.
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 Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19
Bitcoin and altcoins have enjoyed a brief price surge on the back of news that President Trump could be discharged from hospital after his bout with COVID-19.
US Congress Planned Hearings on GameStop Market Conditions Shows Value of Bitcoin
The US House Financial Services and Senate Banking Committee has announced that it will hold hearings on the chaos surrounding GameStop stocks.
Bitcoin Stands at Crucial Level of Support at the $45K Region
Market analyst Michael van de Poppe believes that Bitcoin has retraced to a crucial level of support at the $45K area.
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 Surges Above the 200 Day MA with the Confirmation of a Golden Cross
The current price surge in the Bitcoin market has pushed the leading cryptocurrency above the 200-day moving average (MA) and prompted the confirmation of a golden cross.
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
Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering
Why is Bitcoin worth anything? Am I too late to buy Bitcoin? It’s too expensive, do I need to buy a whole Bitcoin? 3 questions that hound crypto journalists at parties.
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 Price Conquers $12,000 But at Risk of Pull Back in the Current Stock Market Bubble Territory
While the tech sector and the Fed injections have led the US markets to rally higher, markets around the world have seen a similar trend, while the global economic recovery picks up its pace.
Facebook CEO Mark Zuckerberg Endorses Bitcoin in a Subtle Way
Facebook's Mark Zuckerberg named one of his goats after Bitcoin, causing some to speculate on whether the tech mogul holds a position with the cryptocurrency.
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 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
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.
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.
Bitcoins Rebounds after Witnessing 6 Month Lows due to FUD, Standing around $36K
Subject to fears of a Russian invasion of Ukraine and the possibility of raising the interest rate from the U.S. Fed meeting last week, Bitcoin rebounded during the Asia trading session after it tumbled to its lowest in six months.
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.
One Million Bitcoin Held By Dark Web Marketplaces and Cybercriminals, Chainalysis Data
Data from Chainalysis reveals that almost one million Bitcoin is circulating on the dark web between bad actors and illicit darknet markets.
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.
Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin
Billionaire Stanley Druckenmiller said during a webcast held by The Economic Club of New York that the risk-reward calculation for equities is the worst he has ever seen in his career. The billionaire expressed his doubts about the US equities’ possibility of logging a V-shaped recovery. He added that government stimulus programs will not be enough for the economic recovery post-pandemic. Druckenmiller believes that cash liquidity required to pump assets that are considered risky will shrink shortly as the US Treasury will soon end the private economy which could overwhelm the Fed purchases through borrowing consistently.
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.
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.
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 Crosses $20K Mark, as Whales Continue to Accumulate Tokens
After slipping to lows of $18,000, Bitcoin has gained momentum and crossed the psychological price of $20,000.
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.
Bitcoin’s Percent Balance on Exchanges Hits a 3-Year Low Amid Open Interest Breaking the Record at $19B
Bitcoin’s percent balance on exchanges has been downtrending after hitting a three-year low of 13%.
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.
MicroStrategy Counting $162m Loss on BTC Holdings as Price Volatility Continues
Nasdaq-listed business intelligence and software firm, MicroStrategy Incorporated is sitting on a massive loss with respect to its Bitcoin, considering the bearish sentiments engulfing the market at the moment.
Tesla Stock and Bitcoin Rebound with S&P 500, But Bitcoin Price and Crypto Crash Still Predicted
Tesla and Bitcoin’s price have both surged in the last 24 hours, however, chart analysis indicates that a Bitcoin price crash still looms for September.
21Shares Debuts First Physically-Backed Bitcoin ETP on Nasdaq Dubai
The Middle East gets a physically-backed Bitcoin exchange-traded product following 21Shares Bitcoin ETP listing on Nasdaq Dubai.
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.
Whales Holding More Than 10,000 BTC Continue Accumulating More Bitcoin
On-chain metrics provider Santiment has noted that Bitcoin whales are taking advantage of the current raging market to accumulate more Bitcoin.
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.
Bitcoin’s Market Capitalization Bigger Than Tesla and Ford Combined
Bitcoin's latest bull run has placed its market cap above that of Tesla and Ford Motors combined as BTC total market cap exceeds $865 Billion.
US Crypto Exchange Kraken Predicts Bitcoin Price Will Rally in October
US-based crypto exchange Kraken has released its September 2020 volatility report which predicts that Bitcoin’s price will likely rally in October.
Could Stock Market Turbulence and US Elections Send Bitcoin Crashing Down?
Bitcoin has plunged from highs of more than $11K to lows of $10,400, and analysts have looked at US stock markets to explain the cryptocurrency’s price dip.
Kraken Report: Bitcoin Trading Hit a 6-Month Low of 51% Amid Snail Speed in June
Leading US cryptocurrency exchange Kraken has presented a report through its research arm Kraken intelligence showing Bitcoin trading has nosedived by 51% depicting a six-month low since the start of the year.
Bitcoin Possibly on Final Leg Down as Seller Exhaustion Ticks
Speaking on CNBC’s Mad Money show, host Jim Cramer opined that Bitcoin might be staring at the end of its downside because of seller exhaustion.
Kiss' Gene Simmons and Winklevoss Discuss Bitcoin and Crypto for the Unbanked
Gene Simmons backs cryptocurrency assets and leverages Bitcoin to diversify his investment portfolio.
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’s Market Cap is Now Bigger than Bank of America After BTC Price Hit $12K
Bitcoin’s current market capitalization is now bigger than Bank of America, just slightly over $226 billion, according to CoinMarketCap’s data.
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.
Winklevoss Says Bitcoin Price to Reach $500,000 — Why BTC is Better than Gold and Oil
Tyler Winklevoss advocates that Bitcoin (BTC) is headed towards a markup of $500,000 in price and that it will be the preferred safe-haven asset by investors.
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.
Bitcoin Is in a Normal Consolidation Market, says Bollinger Bands Inventor
The inventor of the famous Bollinger Bands indicator John Bollinger has suggested that the current Bitcoin price action depicts a normal consolidation market.
Here's How the Stock Market and the Bitcoin Price Responded as US President Donald Trump Has COVID
United States President Donald J Trump, and First Lady Melania Trump have both tested positive for COVID-19 stirring different reactions in the stock market.
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.
Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar
Veteran technical trader Peter Brandt cashed out his stock and Bitcoin portfolio just before the market crash on 3rd September.
Bitcoin Price Surpassed $40,000 and Then Plummeted
This week, Bitcoin plunged again, and on Thursday (January 21) it plunged more than 10%. Entering January, Bitcoin rose from $30,000 to $40,000.
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.
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 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.
McAfee Comes Clean on His Statement of Bitcoin, in Wake of His 'Dickening'
In recent news, John McAfee appeared to have retracted his previous statement regarding Bitcoin, now claiming he never believed that Bitcoin would hit $1 million dollar in pricing.
Stock Market Responds Positively to President Joe Biden's Inauguration, but what about Bitcoin and Ethereum?
With the ascent of President Joe Biden into office, the stock market is bullish, but Bitcoin and Ethereum have failed to deliver as much of a gain.
Winklevoss Twins Brief David Portnoy on Bitcoin, BTC Talks Continue
American internet celebrity David Portnoy officially hosted the Winklevoss Twins at his house for a long-due conversation regarding Bitcoin (BTC) and cryptocurrencies.
The Crypto Market is Experiencing a Healthy Price Correction Needed Before Surging Higher, says Spartan Group Partner
According to a Spartan Group partner, the present correction in the crypto market is healthy because it will trigger an uptrend.
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 Billionaire Tyler Winklevoss Pushes BTC Scarcity as 26% of US Dollars Were Printed in 2020
Bitcoin billionaire Tyler Winklevoss again made the case for Bitcoin over the US dollar, alluding to the crypto’s scarcity and limitless federal money printing.
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.
Market Slips Into a Bear Motion, Fate in The Merge of ETH Might Reboot Positive Sentiment
The expectation of embracing upcoming upgrades of Ethereum will also spread out to other altcoins even though the coin’s successes will be a way of demarketing the offerings of the so-called “Ethereum Killers”.
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.
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.
Ethereum's Vitalik Buterin Shares Insights on Possible ETH Price Drop Post-Merge
The run-up to the Merge event of the Ethereum protocol saw a number of anticipation from members of the Ethereum community and broader crypto investors on how the coin’s price will be influenced positively
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.
Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange
Chief Technology Officer of CEX crypto exchange has reported that Ethereum (ETH) on its platform has spiked up in the past week, as opposed to Bitcoin.
Ethereum Miners Realized $756M in August Pending The Merge
Miners on the Ethereum blockchain have made the sum of $756 million while gearing up for The Merge that will take place later in this month
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.
Ethereum’s Market Capitalization of $500 Billion Will Need To Double to Flip That of Bitcoin
Ethereum’s remarkable bull run has pushed its market capitalization to the $500 billion level for the first time.
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.
High Transaction Volumes are Boosting Ethereum’s Price Rally
On-chain metrics provider Glassnode has revealed that high transaction volumes in the Ethereum network are boosting Ether's upward momentum.
Ethereum PoS Might Be Still Heavily Centralized: Santiment Data
According to data from blockchain analytics provider, Santiment, there seems to be a heavy centralization in the new protocol per validator’s count after the Merge of Ethereum.
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).
Ether Surges Ahead of Bitcoin and Sets the Record for 2020
Ether underwent a 20% surge, and the increase in pricing can be attributed to the rising popularity of DeFi applications and the resulting number of dividends pay-outs.
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.
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.
Cause for Concern? Ethereum's 15 Minutes of Extreme Volatility Explained
Ethereum’s price on the crypto market underwent a lot of fluctuations in the span of 15 minutes yesterday, causing quite a stir in the crypto community.
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 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.
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.
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%.
Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets
To meet the diversified needs of cryptocurrency users, Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets.
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 Might Experience a Period of Consolidation, says Market Analyst
Crypto analyst Michael van de Poppe acknowledged that ETH was holding a crucial support level, which may trigger a period of consolidation.
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.
The Merge: Why Ethereum Investors Must Remain Cautious as Bellatrix Upgrade Goes Live
The Bellatrix Upgrade is set to go live on the Beacon Chain of the ETH Network today as the entire community prepares for the forthcoming merge of the current PoW chain with the PoS model.
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.
Solid Bull Run: Why Ethereum Is Up 50% in 10 Days
Ethereum faced a flash crash on August 1, where it plummeted by approximately $90 from $415 in 5 minutes.
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.
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.
Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department
The police department of the Haizhou district in Lianyungang, a coastal city in China published a notice on " information verification and registration of investment members of the Baer Chain case” on June 15. According to the notice, the project has been classified as a Ponzi scheme.
Chinese Crypto Veteran Reveals More About Binance After Top Executives Leave CoinMarketCap
Chinese crypto veteran Li Xiaolai revealed to the public via social media platform Weibo, about Binance’s operations.
Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services
Two of South Korea’s top banks have recently announced that they were looking into providing cryptocurrency custodial services to their clients.
Theta Makes Its Way to Top 10 Crypto by Market Cap
Theta is now ranked among the top ten cryptocurrencies by market capitalization, occupying the ninth spot.
Uniswap (UNI) Momentum Fades, Chainlink (LINK) Faces Correction as Selling Pressure Takes Over
The UNI token reached its all-time high of $8.50 before shortly facing a correction, which led to the cryptocurrency’s price plunge to $3.93, as of press time.
Crypto Prices Remain in Red, Shina Inu Falls Over 15%
Cryptocurrencies remain to behave weakly after the weekend.
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.
Ripple XRP Falls to Key Support Level Of Around $0.50
The crypto market is mostly up once again, with Bitcoin pushing above $18,500 and retesting $19,000. Ripple XRP has however on its end reversed its uptrend.
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.
Dogecoin Coinbase Debut Aided by its Growing Utility
Dogecoin continued on its bullish rally as it makes its debut on the Coinbase exchange.
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
Ethereum is Ready for $5,000 and Chainlink for $100, says Market Analyst
Ethereum and Chainlink's current bull runs are far from over, as market analyst Michael van de Poppe remarked that ETH and LINK will surge to $5,000 and $100 price levels, respectively.
Flowcarbon Postpones Token Launch amid Crypto Market Downturn
FlowCarbon announced that it has postponed the launch of its token due to slowing operations triggered by the current difficulties in the market.
Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%
With the recent boom of the decentralized finance (DeFi) industry, DeFi tokens have undergone more than a 100% gain on the crypto market over the past few weeks, outperforming Bitcoin.
JPMorgan Chase Urges Caution Over Altcoin Rally in Crypto Markets
JPMorgan Chase investment bank has warned that the surging rally associated with altcoins may signal a classic crypto market bubble.
Polkadot and Binance Coin Prices Surge, Flippening Bitcoin Cash and Chainlink by Market Cap
Polkadot (DOT) and Binance Coin (BNB) have climbed up the market capitalization ladder, overtaking Bitcoin Cash (BCH), and Chainlink (LINK).
Litecoin Surpasses Bitcoin SV by Market Cap and Outperforms Other Major Cryptos
Litecoin has been catching up with some of the action seen with the cryptocurrency market rally, surging almost 11 percent in the past 24 hours.
Global Crypto Market Cap Sees a Flash Surge Above $2T on Altcoin's Gains
The global crypto market cap recorded a $2 trillion market cap for the first time since May.
Crypto Market Resurgence: Two Altcoins Promising a Better Week Ahead
With weekends often characterized by bearish events, the ongoing upsurge could be evidence of a better week ahead. Should these projections be true, Ethereum and ApeCoin are the two altcoins that are likely to fuel this growth
Leading Altcoins in the Market Uptrend Today: SNX, TEL, and OKB
A profile of three of the high performing altcoins during the intraday.
Billionaire Mark Cuban Believes Dogecoin Is the Best Crypto as A Medium of Exchange
Billionaire investor, Mark Cuban, has said that Dogecoin is the best cryptocurrency that investors should use for payments.
XRP Surges Back in to Top 3 on CoinMarketCap Fueled by Coordinated Buying Attack
Ripple's associated token XRP has broken back into CoinMarketCap’s top three cryptocurrencies by market capitalization.
Will XRP Fall Out of Crypto Top Five Ranking for the First Time since 2013?
XRP cryptocurrency has had a difficult run since 2017, with its price being stagnant on the market for the longest period of time.
Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates
Billy Markus, the iconic founder of the Dogecoin (DOGE) memecoin, has lashed out on his Twitter handle as he called out a new generation of developers looking to get rich quick through memecoin creations.
Chainlink Flippens Bitcoin Cash by Market Cap, DeFi Push May Take LINK Price Even Higher
Despite a slight correction seen in the last few days, Chainlink (LINK) has continued to rally higher, reaching another new all-time-high, almost reaching $17.
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.
Coinbase to Taper Down its Hiring Plans amidst Unfavorable Market
Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc, is tapering down its plans to hire more staff this year as current market realities do not permit it.
Crypto.com Rolls Out Trading Platform in the U.S.
Singapore-based cryptocurrency trading outfit Crypto.com has announced the initial phase of its exchange platform launch in the United States.
Kraken Develops NFT Trading Platform, Offering Token-Backed Loans
Kraken joins the race of offering NFTs custodial services to take a piece of the pie in the $7 billion NFT market that continues soaring in popularity.
Top Executives at CoinMarketCap Quit Just Months After Binance Acquisition
Carylyne Chan, the interim CEO at leading crypto data provider CoinMarketCap is the latest executive to quit following her public announcement on August 31. The mass exodus from the company has been alarming because she follows the footsteps of four other top executives who have left the company just four months after it was purchased by Binance.
Cypherpunk Holdings Sells All Crypto Assets to Avoid Market Volatility
Cypherpunk has turned all of its Bitcoin and Ether holding to cash to avoid being hit by the ongoing crypto market crash. The firm has, however, affirmed that it is still bullish on cryptocurrencies.
eBay Announces Acquisition NFT Marketplace KnownOrigin
eBay said the acquisition of KnownOrigin would enable it to capitalize on the growing NFTs economy. The global sales value of art and collectables NFTs saw a significant surge in 2021, reaching $11.16 billion over the past years.
Nasdaq-Listed FTFT Group Launches Crypto Data Aggregation Platform
Nasdaq-listed Future Fintech Group (FTFT Group) has announced that one of its subsidiaries, FTFT Capital Investments LLC, has launched its comprehensive digital currency market data aggregation website- ftftx.com.
Robinhood Acquires Cross Crypto Exchange Trading Platform Cove Markets
Robinhood announced the acquisition of Cove Markets, a cross-exchange trading platform, joining Robinhood crypto.
Kraken to Trail Binance in Hiring Over 500 Staffs Amid Crypto Meltdown
Kraken exchange has made a very bold revelation that it does not intend to make any layoffs despite the growing concerns about the ongoing crypto-economic meltdown
Coinbase Acquires Cryptographic Security Company Unbound, Strengthening Presence in Israel
Coinbase has made another strategic acquisition to expand its business capabilities. The exchange is joining forces with the Unbound team to offer an even better value proposition to the Unbound customers in Israel.
Mango Markets Proposes to Refund Victims after $114m Hack
Mango Markets proposes a refund plan to victims after the hacking incident. The company said one of the repayment strategies is to cut down the difference between the tokens users had before the exploit and the tokens they will receive.
Mark Cuban Slammed with Lawsuit for Endorsing Bankrupt Voyager Digital
Mark Cuban, the billionaire owner of the basketball team Dallas Mavericks, has been slammed with a class action lawsuit for his role in promoting the now bankrupt crypto platform Voyager Digital.
United States DoJ Files to Freeze Assets of OneCoin Money Launderer and Recoup $400 Million
The United States Department of Justice has filed to freeze the assets of OneCoin Money Launderer Mark Scott, and Recoup $400 Million.
Crypto Escrow Company Promises Bitcoin, Pleads Guilty to Defrauding Client Over $3 Million
Jon Barry Thompson, the executive of Volantis Market Making cryptocurrency escrow company, has pleaded guilty in a crypto escrow scam worth $3.25 million.
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.
Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion
The market capitalization of leading stablecoin Tether (USDT) has been on a roller coaster ride after surging by $1 billion in a record 9 days to hit $19 billion.
Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge
Stablecoins have made incredible crypto gains, achieving a milestone of $20 billion per market capitalization in September.
Crypto Clients Pleading for Funds Payback after Lender Celsius' Crash
Celsius Network clients, who were caught in the meltdown of the crypto lending firm, are pleading for their deposits to be paid back.
Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin
Paxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.
Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients
Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.
Smart Contracts Enables Commodity Trading Transformation, GSCG Report Shows
Given that commodity trading is highly fragmented, blockchain-driven smart contracts can transform this sector by redefining market transactions and transparency, according to a Global Smart Commodity Group (GSCG) report.
Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails
BTC Markets, the largest cryptocurrency exchange in Australia, has accidentally exposed customers’ data, an incident that has put users at risk of phishing attacks.
Japan’s Crypto Exchange Coincheck to List on NASDAQ Stock Market in July 2023
Coincheck wants to list its shares on the Nasdaq through a merger with a SPAC company.
Coinbase’s Direct Listing Reference Price Set at $250 per Share by Nasdaq
The Nasdaq Stock Market has set a reference price of $250 per share for the direct listing of Coinbase Global Inc., the largest US crypto exchange that will go public on April 14.
Chicago-Based Exchange Cboe to Work on Crypto Offerings as Demand Continues to Rise
Cboe Global Markets Inc., a Chicago-based exchange that provides trading and investment solutions, is ready to get back to the crypto space after previous failed attempts.
BitPanda Lays off Hundreds of Employees, Citing Tough Market Conditions
The Austria-based crypto trading firm is the latest in a series of startups that have resorted to layoffs since last month, owing to the current difficult market conditions.
Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak
CEO Brian Armstrong has announced that approximately 18% of all of Coinbase Global Inc’s workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypto winter.
Crypto Payments Operator RocketFuel Grants Approval of VASP License in Denmark
Crypto payments operator RocketFuel has announced that its subsidiary has been granted approval as a Virtual Asset Service Provider (VASP) by the Danish Authority to run a cryptocurrency exchange.
Coinbase to Revoke Job Offers Extended to Newly Employed Staff
Coinbase Global Inc, the largest trading platform in the United States is going all tough on its no-hiring plans which was announced by Emilie Choi, the firm’s President and COO about 2 weeks ago
Binance.US Opens Crypto Assets Marketplace to Millions of Florida Cryptocurrency Traders
Binance.US will now open its digital assets marketplace to Florida citizens and cryptocurrency traders.
UAE's YallaMarket Now Accepts Crypto Payments
YallaMarket, a grocery delivery startup in the United Arab Emirates, has announced it has started accepting crypto payments for its services.
KuCoin Refutes Job Cut Rumours, Disclosing to Hire amid Crypto Winter
KuCoin has denied claims of planning to lay off. The exchange, on the contrary, discloses it is planning to hire more staff to join.
SBI Digital Taps License to Operate in Singapore
SBI Digital Markets, a subsidiary of SBI Group has announced it has been granted the Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore.
Chicago Board Options Exchange Files Trademark for NFT & Crypto Services
The Chicago Board Options Exchange has filed for a trademark application for CBOE DIGITAL, NFT trademark, according to its attorney Michael Kondoudis's announcement through a tweet.
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.
BlockFi to Raise Interest Rates on Crypto Deposits, despite Encounter Bear Market
BlockFi has revised upwards interest rates on cryptocurrency deposits with effect from 1st July. Also, FTX is in discussions to acquire a stake in BlockFi.
Crypto Exchange MEXC Introduces Second-Level K-Line Function for Real Time Furtures Trading
To enhance real-time futures trading, crypto exchange MEXC has introduced the second-level K-line function that will incorporate the one-second time period.
Telos Launches Most Powerful EVM And Combats Insider Trading in Crypto Market
Telos is powered by smart contract blockchain and TLOS cryptocurrency to offer a decentralized computing network, a global economy, and an app ecosystem, which provides fast and scalable DApps.
Fidelity, Schwab, Citadel Securities Launch New Crypto Exchange EDXM
The launch of crypto exchange EDX is the latest evidence Wall Street continues entering the digital asset markets despite the crypto winter.
CoinMarketCap, CoinGecko, TradingView Blocked in China after Toughened Cryptocurrency Clampdown
Millions of crypto users in China suddenly found themselves unable to access TradingView, CoinMarketCap, and CoinGecko, a time the country renewed its fresh crackdown on crypto assets.
Binance To Permit Businesses Feature on its App via its Marketplace
The world’s largest digital currency exchange by trading volume, Binance has announced that companies can now apply to be featured on its marketplace in order to reach millions of users
MEXC Global Rolls Out MX/USDT Perpetual Trading Pair to Enhance Ecosystem
Crypto exchange MEXC Global has incorporated the MX/USDT perpetual trading pair to enhance the MX Futures market and enhance the MEXC ecosystem.
Silk Road Programmer Pleads Guilty for Covering Up His Darknet Involvement to FBI and IRS
Silk Road computer programmer Michael R. Weigand pleaded guilty for providing false statements regarding his involvement with the darknet marketplace.
CipherTrace Life Hack for Criminal Investigations: How to Know if Cryptocurrency Was Utilized
CipherTrace blockchain analytics firm has revealed guidelines that could help law enforcement identify that cryptocurrency was used for illicit activities.
Another Major Crypto Hack in Less a Week, $100M Stolen
Mango Markets was exploited after manipulation in the price of the crypto exchange's native MANGO token via an oracle price manipulation attack.
Darknet AlphaBay Moderator Paid in Bitcoin Sentenced to 11 Years in Prison
A darknet moderator for marketplace AlphaBay has been apprehended by law officials and sentenced to 11 years in prison.
Opensea NFT marketplace Accuses Senior Employee of Insider Trading
Opensea has confirmed an insider trading against the company’s head of product.
$8.4m Exploit Breached from DeFi Lending Protocol Moola Markets
Another exploit hits the crypto industry with roughly $8.4 million stolen from Moola Markets. The platform has advised users not to trade mtokens during the investigation of hacking.
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.
NFT Marketplace SudoRare Sees Rug Pull Hours After Going Live
SudoRare, a hybrid NFT platform, has been involved in a rug pull barely six hours after the trading platform went live.
Darknet Marketplace Empire Alleged to Have Exit Scammed with $30 Million Worth of Bitcoin
Darknet digital marketplace Empire Market appears to have exit scammed and made off with a hefty profit of 2,638 Bitcoin (BTC).
Darknet Empire Offline for Days Has Users Fearing DDoS Attack and Looming Scam
A popular darknet marketplace, Empire Market, has been reported to be offline for over 48 hours, making website users fretful as to the cause behind it.
Crypto Experts Give Advice as the Digital Currency Industry Continuously Suffer from a Freefall
As a way to ease off many investors’ pains, market opinion leaders have been sharing words of encouragement through tweets to pacify investors in losses.
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.
Bitcoin Convert Jim Cramer says Wall Street Ignoring COVID-19 Cases, Biden Election Fraud Dispute and Collapse in Stimulus Talks
Bitcoin convert and CNBC analyst Jim Cramer thinks Wall Street is ignoring market risks from rising US COVID-19 cases, the 2020 election dispute, and collapse in stimulus talks.
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
Big Crash Needed for Crypto to Go Mainstream, Says Kim Dotcom
Kim Dotcom acknowledges that a great market crash would facilitate the use of crypto as a common payment method instead of promoting speculation.
JPMorgan Says Younger Investors Tilt Towards Bitcoin While Older Ones Favor Gold
Investment Bank JPMorgan through research by its strategists has discovered that older generation investors favor gold while younger generations embrace Bitcoin and tech-based assets
Buying Land in Metaverse is "Dumbest Sh*t Ever", Says Billionaire Mark Cuban
Mark Cuban may be a crypto fan and Bored Ape Yacht Club (BAYC) owner, but he sure is a big critic of metaverse land sales that is making the rounds today.
Crypto Exchanges Have a Collective Responsibility to Educate Investors, Bitkub CEO Says
As part of collective responsibility, cryptocurrency exchanges should take up the mantle of enhancing financial knowledge about digital assets so that investors are aware of downside factors, according to Bitkub CEO Topp Jirayut Srupsrisopa.
Mark Cuban Says Crypto Startups With Good Fundamental Will Thrive
Mark Cuban, an Ethereum maximalist and owner of the Dallas Mavericks basketball team, is backing projects with positive fundamentals in the space to thrive longer.
Recent Crypto Sell-Off Hasn’t Deterred Investors, Grayscale CEO Says
Investors are still optimistic despite the current market crash, said Grayscale's CEO.
Cardano Founder Charles Hoskinson Addresses an Alleged ADA Scam in China
Scammers are capitalizing on the recent success of Cardano’s native altcoin, ADA, and using it for their own personal gain. For the first time in over a year, ADA has moved above $0.10, and has picked up by over 200 percent.
Australian Online Neobank Volt has Partnered with Crypto Exchange BTC Markets to Provide Bank Service
Australian online bank Neobank Volt revealed that it has partnered with crypto exchange BTC Markets (BTCM) to provide bank services for Australian crypto investors.
Denmark Backs Blockchain Technology As Instrument to Fighting Runaway Political Corruption
The Danish government has thrown its support behind blockchain in the fight against political corruption.
Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%
The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.
Mango Markets DEX Raises $70M through MNGO Tokens Sale
Mango Markets decentralized exchange (DEX) has raised around $70 million through its MNGO tokens sale.
Could Current DeFi Rebound be Indicative of Broader Market Revival?
The growth of the DeFi subsector is quite unusual as the combined market cap had a 0.69% growth over the same time frame.
Decentralized Information Markets Platform Polymarket to Pay Civil Fine of $1.4M, Violating Unregistered Swaps
Decentralized information markets platform Polymarket was imposed a civil fine of $1.4 million by the United States Commodity Futures Trading Commission (CTFC), failing to obtain a proper registration.
Billionaire Entrepreneur Mark Cuban Invests in Polygon,Driving it to Surge by 12645% on a Year-to-Date Basis
Today, Mark Cuban, an American billionaire entrepreneur, officially supports the Polygon network-which drives Polygon's token MATIC to surge by 12645% on a year-to-date basis.
Yearn Finance (YFI) DeFi Token Hits $38K, Smashing Bitcoin's Price Record with 3,500% Price Surge
Yearn.finance (YFI) surged to a new all-time high over the weekend, recording a market value north of $38,000 per token and beating Bitcoin’s record in 2017.
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.
5 Places to Learn About Crypto Investing
While there is certainly an aspect of the ‘gold rush’ mentality to the current crypto buzz and surging market caps, it is undeniable that we have passed a legitimate turning point in the history of this revolutionary technology and asset class.
Wallet Code Bug Destroys $100,000 Worth of Ethereum on NFT Marketplace Opensea
A mysterious bug accidentally destroyed more than 42 NFT collectables worth $100,000 in the Opensea marketplace.
GameStop Launches Self Custodial Wallet for Crypto, NFTs
Video game retailer, GameStop Corp is advancing its reach into the Web3.0 ecosystem with the launch of its new digital currency wallet
NHL Partners with Sweet for Digital Collectibles NFTs Marketplace
NHL is looking to invest in NFTs to boost the sports league's growth. The NTF marketplace is expected this upcoming season.
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.
SoftBank's Tech Division Z Holdings Eyes NFT Marketplace
Z Holdings, the internet arm of Japanese multinational conglomerate SoftBank Group, is reportedly planning to launch a NFT marketplace before the end of the year.
OKEx Launches DeFi Hub with Integrated NFT Marketplace
OKEx has launched a DeFi Hub with an integrated NFT Marketplace.
FTX Cryptocurrency Exchange Launches a Marketplace for Selling and Buying NFTs
FTX has launched a marketplace for non-fungible tokens. The development paves the way for users globally to seamlessly create, sell, and buy NFTs on the exchange.
GameStop Launches Public Beta Version of NFT Marketplace
Video game retailer GameStop Corp announced the launch of a public beta version of NFT marketplace to provide players with faster, cheaper, and more secure access to digital property rights.
Reddit Launches New NFT Avatar Marketplace
Reddit has partnered with Polygon blockchain to enable the launch of the new NTF marketplace. The popular social media platform is capitalizing on NFTs to propel its growth.
X Marketplace Launches Integrated NFT IP Marketplace
X Marketplace will allow users to list NFT IP, and license projects to IP for zero fees.
NFT, Metaverse Trademark Applications for 2022 Has Surpassed 2021
According to US Trademark lawyer Mike Kondoudis, the Web3.0 and Metaverse trademark-related applications for this year have already surpassed the total recorded in 2021.
Instagram to Welcome NFTs Feature, Meta CEO Mark Zuckerberg Confirms
Meta CEO Mark Zuckerberg said Meta will add NFTs to its video and photo social app Instagram in the coming months.
Decentralized NFT Marketplace Sudoswap To Launch Ethereum Token Airdrop
The launch of the Ethereum airdrop token will enable Sudoswap to reward its active users and raise awareness of its native tokens.
Coinbase Wallet Rolls Out Support for NFTs
Nasdaq-listed digital currency trading platform Coinbase Global Inc has expanded the support for its self-custody wallet to include NFTs.
Ford Makes NFT Entry With Trademark Applications
American automobile giant Ford Motor Company is making a grand entry into the metaverse and Web3.0 ecosystem through its targeted trademark applications.
Solana NFT Platform Magic Eden Moves To An Optional Royalties Method
Solana-based NFT platform Magic Eden announced on Saturday it's opting for an optional royalties method for its users.
Now-Defunct Crypto Exchange Mt. Gox Issues Commemorative NFT
Mark Karpeles, the former CEO of suspended Japanese cryptocurrency exchange Mt. Gox, announced the launch of a non-fungible commemorative token for certain eligible users.
Kia America Deploys NFTs in New Creative Campaign Debuting the New 2023 KIA Soul Model
Kia America, a leading automotive brand, has launched a new creative campaign featuring non-fungible tokens (NFTs) for its iconic 2023 Kia Soul model.
Coinbase Exchange Launches its NFT Marketplace
Digital asset trading platform Coinbase has announced the launch of the NFT marketplace targeted to empowering digital artists and the broader metaverse.
GameStop to Launch NFTs Marketplace by the End of Q2
GameStop has joined other game firms like Square Enix and Ubisoft who are getting into NFTs.
The Metaverse Enjoys Potential to Revamp Existing Brand Marketing, HashCash CEO Says
Thanks to a 7,200% surge in internet search volumes last year, the metaverse will be a revolutionary innovation that will reshape brand marketing, according to HashCash Consultants CEO Raj Chowdhury.
Global Automotive Metaverse Market to Have a CAGR of 31.4% by 2030 - Research
A new survey is projecting the market value of the global automotive market at $1.9B by 2030
U.S. Air Force Files Trademark Application for Digital Metaverse 'SpaceVerse'
The U.S. Air Force (USAF) files a trademark application for "SpaceVerse" with the U.S. Patent and Trademark Office to expand military training into the metaverse.
FIFA Files Metaverse-Linked Trademark Applications for 2026 World Cup
Federation Internationale de Football Association (FIFA), the world’s giant football governing body, has reportedly filed for trademarks as it seeks to join the metaverse space in the 2026 World Cup.
Dogecoin Accepted as Payment by NBA's Dallas Mavericks as Owner Mark Cuban Invests in NFT Platform
NBA's Dallas Mavericks will be accepting Dogecoin (DOGE) payments for tickets and merchandise purchased online.
Will The Crypto Market Cap Dip Below The $1 Trillion Mark Again?
The crypto market is seeing yet another crash with BTC, ETH, BNB leading the crash. The crypto market cap is crumbling from this dump-offs.
Why Bitcoin May Have to Fight the $50K Mark a Bit Longer
Crypto trader Carl Martin believes that $50,000 might be the new resistance level that Bitcoin has to fight to continue its upward momentum.
Facebook Blocks President Trump from Its Platform as Protestors Storm Capitol Hill
Facebook’s CEO Mark Zuckerberg announced Trump will now be blocked from using the social media platform.
Will We See Increased Institutional Adoption of Ethereum in 2021? ETH Hits Yearly High of $700
Ethereum has crossed the $700 mark to record highs that have not been seen since 2018.
Ethereum Price Surges as ETH 2.0 Launch Date Announced, $2 Million Ether Locked Up Within 2 Hours
After having suffered a strong dip in the past week, Ethereum managed to gain some bullish momentum and rallied to over the $400 mark.