Anushka Basu

Detroit is set to accept crypto payments for taxes and fees. Once implemented, Detroit will become the largest US city to accept crypto. The initiative will begin in mid-2025 and aims to attract tech-savvy businesses and residents. It will also elevate the city’s payment systems, allowing residents to pay utility bills, municipal fees, and other […]

The Ethereum Layer 2 network Base is all set to launch a new feature called ‘Fault Proof’ on the main net on October 30. This upgrade will provide a major advancement that will strengthen the network’s security and reliability. Implementing fault groups will allow users to monitor and dispute invalid withdrawals without relying on trusted […]

At press time, Bitcoin is priced at $66,852.97. Over the past 30 days, retail investors’ Bitcoin holdings have increased by 1000 BTC, while large investors, especially those holding between one and 10,000 BTC, have been growing their portfolios much faster.  This showcases a significant reduction in the user activity of retail investors and an increase […]

Tron (TRX) is currently priced at $0.1597 and is following a rising trend channel for the medium to long term. This trend reflects the increasing optimism among investors and suggests that TRX could see further price hikes.  For now, Tron has a support level of around 0.14, which serves as a buffer against potential negative […]

Today, the Government of the City of Buenos Aires revealed the incorporation of QuarkID into its myBA platform, a digital identity platform for the citizens of Argentina. Buenos Aires, the capital city, is the first ever city to adopt blockchain technology and zero-knowledge cryptography in the development of self-sovereign digital identity in the world.  It […]

Ethereum’s latest upgrade, Pectra, will be ready to launch in early 2025. Currently in its test net phase, the upgrade includes 10 Ethereum Improvement Proposals (EIPs).  At press time, one Ethereum costs $2,619.66, a 3.3% drop in price in the last 24 hours. According to analysts, the Pectra launch can significantly amplify the price of […]

From DOGE to SHIB, memecoins have had quite the journey. Memecoins provide huge returns and are often celebrated for their low entry barrier for investors. The total market capitalization of memecoins currently is $60.32 billion, with over 6 billion in trading volume reported in the last 24 hours.  As the crypto market rallies in October […]

Uniswap’s wallet now supports World Chain, allowing users to exchange and offer liquidity on the Layer 2 blockchain. With the addition of World Chain compatibility, Uniswap will enable users to have super fast on-chain transactions at minimal cost. World Chain, which was created to expand the user base of World App, is built on Superchain […]

Bitcoin’s performance has been extraordinary this week as the cryptocurrency continues to enjoy the favor of big giants such as Samara Asset and Tesla. At the time of writing, Bitcoin is priced at $67,233.38 and is currently testing to reach $70,000.  Samara Asset Group And Tesla Samara Asset Group has decided to boost its Bitcoin […]

Lendvest, a decentralized non-custodial protocol for fixed-term loans, has officially integrated Chainlink Functions, recognized as the industry-standard serverless Web3 developer platform on Polygon. Additionally, Lendvest is utilizing Space and Time as its ZK-proven data layer. Lendvest is leading the charge in improving capital efficiency within the decentralized finance (DeFi) lending sector. It introduces innovative strategies […]

Bitcoin has been doing quite well for itself after a tumultuous past week. On Monday, Bitcoin, priced at $61,744, broke its ongoing trend and started its move upwards. At press time, Bitcoin is priced at $67,549.74, a +8.88% increase in price over just 24 hours. The market sentiment around Bitcoin further escalated in the wake […]

Celestia, a crypto project that builds modular blockchain networks, has announced the completion of its first upgrade, The Shwap upgrade. The upgrade comes with a new set of features that makes data availability (DA) network sampling 12 times faster than before.  The update is now active on the Arabica and Mocha testnets using the celestial-node […]

Bitcoin ETF: As of October 14th, BTC Spot ETF experienced a total inflow of $555.86 million, bringing the net asset ratio to 4.75%, according to SoSoValue. The Grayscale Bitcoin ETF, popularly known as GBTC, saw a net inflow of $37.7 million, bringing its total net inflow to $20.15 billion, a historical first. On the other […]

After a minor setback last week Bitcoin is currently testing its new resistance level at $65K, presently priced at $64,842.95. The cryptocurrency has pulled up the entire crypto market, along with Solana. At press time, Solana is priced at $153.01 a +4.41% change in price in the last 24 hours. Solana is testing its current […]

Over the past week, the crypto market has been quiet, incurring more losses than gains. However, the market quickly increased as the week closed on Friday, Oct 11.  Bitcoin gained momentum and is exchanging hands at $64,928, testing the $65K mark. Amidst the bullish momentum, three tokens have picked up pace parallel to Bitcoin.  Sui […]

The recent HBO documentary “Money Electric: The Mystery of Bitcoin” alleged that Peter Todd, an early developer of Bitcoin, is believed to be the real Satoshi Nakamoto, the founder of Bitcoin. The almost two-hour film, directed by Cullen Hoback, is termed a jet-setting investigative piece trying to solve one of the crypto world’s famous enigmas.  […]

Scroll, the Native zkEVM on Layer 2 for Ethereum, has been criticized by its community due to its current token distribution plan. The protocol allocated 5.5% of its new SCR token to the Binance Lounge Pool, infuriating many critics. This action would benefit large investors in Binance, the world’s largest crypto exchange.  On Tuesday morning, […]

Crypto.com and 21.co have partnered together to provide crypto users access to Wrapped Bitcoin, a converted version of Bitcoin that can be utilized on decentralized networks based on Ethereum. 21.co, which is the parent company of 21Shares, which is the largest crypto exchange-traded products (ETPs) in the world, and Crypto.com, which is a Singapore-based crypto […]

Throughout the last week, the crypto market has been filled with anticipation, which intensified a day before the release of the “Money Electric: The Bitcoin Mystery” film.  The film, scheduled for release on October 8th, explores the identity of Satoshi Nakamoto. From netizens to tech billionaires like Elon Musk have joined the speculation on who […]

Ethereum, the world’s second-largest cryptocurrency, has just broken into a bull run amid a Uptober market. Ether, the native token of Ethereum, is currently priced at $2,489.62, up from a loss of almost 4% in the last seven days. While many investors were not sure whether the crypto market would be able to keep up […]

Metaplanet, the Japanese investment adviser, announced the acquisition of an additional 1 billion yen in Bitcoin, which is equivalent to 6.7 million U.S. dollars. The firm further disclosed on Monday that it bought approximately 108.8 BTC at around 9.2 million yen per coin. In May of this year, the company adopted Bitcoin as a reserve […]

Bitcoin and its creator, Satoshi Nakamoto, are back in action! Bitcoin, first launched in 2009 by the mysterious Satoshi Nakamoto, is currently priced at $63,594.77, taking up the upward momentum.  The sudden price uptick coincides with the anticipation surrounding HBO’s new documentary, “Money Electric: The Bitcoin Mystery,” which claims to reveal the identity of Bitcoin’s […]

Zilliqa has come up as an important player in the crypto market. Zilliqa has enjoyed community support due to its technological solution, which simplifies scalability issues that are part of the blockchain ecosystem. By using the sharding technology, Zilliqa uses two blocks to ensure smoother and faster transactions. Founded in 2017, Zilliqa has a market […]

The Financial Supervisory Commission has developed a new anti-money laundering regulation in response to the legal amendments enacted in July. The new rules will take effect on January 1st, 2025, and require “Money Laundering Prevention and Registration Measures for Enterprises or Personnel Providing Virtual Asset Services” to complete their AML registrations by September 30th, 2025.  […]

Mocaverse, an NFT collection of 8,888 unique beings that have been in membership with Animoca Brands, announced that it entered into a Memorandum of Understanding with SYMBIOGENESIS, an NFT collectible art project of Square Enix to help users onboard from Web2 to Web3. SYMBIOGENESIS is the brainchild of Square Enix, a leading entertainment and video […]

BitGo Trust will now provide custodial services to Cardano’s stablecoin USDA. The announcement comes from Anzens Inc., the USDA stablecoin issuer; EMURGO, the technology provider that works with the Anzens Inc. platform; and BitGo Trust, the industry-leading qualified custodian for digital assets serving international clients.  The three organizations have facilitated this partnership by integrating their […]

The last two weeks have been a crucial transitory period for the crypto market. James Butterfield, Head Of Research at CoinShares, recently quoted, “The crypto market saw 726 million dollars outflow [in the first week of September], which matches the largest of records seen in March.  However, investors are not necessarily triggered by these numbers”, […]

On 28th September, Ripple, having announced its stablecoin launch in early September, minted its first stablecoins, which monikered RLUSD. The cross-border payments company minted 350,000 RLUSD in two sittings; the first transaction included 300,000 RLUSD, and the second transaction was 50,000 RLUSD. On 30th September, a software developer from the XDC Foundation named Quincy Jones […]

This past week, the volatility in cryptocurrency markets was intense and fueled primarily by macroeconomic changes, notably the Federal Reserve’s surprise interest rate cut. Bitcoin spearheaded upward movements, topping out at $63,800 before stabilizing above crucial technical indicators like the 50-day moving average. Now, new data from the U.S. Department of Labor reveals that unemployment […]

Starpower, a protocol on the Solana Chain, is working at the grassroots level to shape the future of energy and bring greener, smarter, and cleaner energy to households. Solana and Starpower are propelling the development of Virtual Power Plants (VPPs) and leveraging blockchain technology to revolutionize the energy sector.  Designed for Solana, Starpower’s platform manages […]

Last week onwards, Shiba Inu, the dog-themed memecoin, has set its mind towards a rally, as in the previous 24 hours, SHIB has not only increased over 23%, but its trading volume has surged by 234.34%.  If SHIB continues this rally, the token has the potential to reach +283% in October, according to most analysts. […]

Japan’s Financial Services Agency (FSA) announced on September 24 its plans to reform regulations related to crypto games, according to Nikkei. The FSA first introduced amendments specific to crypto regulations in 2016 under the Payment Services Act (PSA), which regulates all kinds of digital transactions, from credit cards to crypto exchanges and assets. The regulatory […]

Vice President Kamala Harris, the Democratic nominee for the U.S.U.S. presidential election, addressed a cheering crowd at The Economic Club of Pittsburgh and pledged that under her leadership, the United States would “recommit” to innovative technologies that would “define the next centuries.” Harris quoted, “We will invest in biomanufacturing and aerospace, remain dominant in A.I. […]

Polygon, a blockchain platform, is a significant contender in the $16 trillion asset tokenization business. Increasing client demand and regulatory clarity have pushed banks to test out alternative assets such as U.S Treasury bonds, equities, and private debt on public blockchains. Over the next six months, Colin Butler, the Head of Institutional Financing in Polygon, […]

U.S. Spot Bitcoin ETF has accounted for inflows for the fifth consecutive day, totaling $105.8 million on September 25, bringing the cumulative total net inflow to $17.94 billion, as per SoSoValue data. This attests to the growing investor sentiment in Bitcoin despite any minor market downturns.  IBIT, BlackRock’s Bitcoin ETF, led the race with a […]

The Enforcement Department of India (ED) has arrested four individuals concerning an online gaming platform to an online gaming application by the name of Fiewin. The application mimicked other legitimate platforms that allow users to earn money through online gaming and betting. Now, the application is under investigation for alleged defrauding in which victims lost […]

Bybit has introduced the first Sharia-compliant crypto account for its Muslim customer base. These accounts comply with the Islamic laws and have launched 18 coins which the Islamic accounts will now support. On the other side, Kraken, the 2011-founded crypto exchange based in the United States, has spread its services to Europe and is currently […]

Senior leaders from Kamala Harris’s campaign are meeting with a close-knit group of crypto experts to discuss policies on the cryptocurrency industry, as hopes of the latter rise. However, experts say that no major announcement can be expected before the November-bound elections. So far it looks like the Vice President would not get into discussions […]

This week at Solana Breakpoint, a two-day conference hosted by Solana Labs, Google Cloud has joined hands with Solana Labs leading the web3-powered gaming industry upwards. Gameshift, a web3 API of Solana Labs, provides Web3 primitives and actions such as tokenized assets, wallets, and access to on-chain markets which Web3 games require. This is where […]

The Australian Securities and Investments Commission (ASIC) has planned to issue an update to “Information Paper 225” by November of this year, according to Commissioner Alan Kirkland. The update sheds light on the various crypto assets and products that would be required to be under the Corporations Act 2001 jurisdiction now. This move is in […]

Bitcoin: As of September 20th, Bitcoin is priced at $63929.40 at the time of writing. In just a week, the asset has experienced a 10.41% growth. This uptick in Bitcoin’s price has pulled up the entire crypto market, with the new total volume of the market reaching $81.67 billion. Bitcoin’s current market capitalization stands at […]

XRP might be back chasing bulls as it marches towards a crucial resistance level at $0.60. XRP’s price increased 9.69% in a week amid its price moving backward last month. Though a nominal charge, the XRP price stands at $0.58650. Many analysts continue to keep faith but the market sentiment is a different story altogether. […]

Bitcoin’s price has rallied from $58k to $60k in less than 24 hours. Whispers about a bull run might be commencing soon. Will Bitcoin’s sudden jump of 2.98% set a bull run in motion? Retail investment in Bitcoin has reached its lowest in 2024, in comparison to the asset’s halving years in the past in […]

A web3 start-up by the name of Vana announced on Wednesday that they successfully raised funding of $5 million, bringing their total funding amount to $25 million. The start-up is focused on building a network of user-owned data pools to promote a shared sense of identity. The strategic round was led by Coinbase Ventures, an […]

According to SoSoValue, the cumulative value of spot Bitcoin ETF stands at $17.31 billion as Bitcoin spot ETFs saw a total net inflow of $12.9041 million on September 16th. Leading the race is BlackRock’s IBIT which managed to pool in an inflow of $15.82M on September 16, followed by Fidelity FBTC’s inflow being $5.0641 million.  […]

Trump-family endorsed World Liberty Financial (WLFI), which had been an open secret for a while, has confirmed its plan for a non-transferable governance token. During a live audio stream on the X platform, the team behind WLFI confirmed the news that they are in the process of introducing a governance token.  The team also stated […]

Bybit, the prominent crypto exchange, has secured Provisional Approval for its VARA license from the Virtual Assets Regulatory Authority. While currently inoperational, the license will enable ByBit to keep itself out of any regulatory troubles and operate along the lines of compliance. This is a major step for the largest crypto exchange by trading volume […]

Donald Trump has suffered from another assassination attempt, the second in the last two months, at his West Palm Beach golf course, where he was playing on Sunday. The Federal Bureau of Investigation (FBI) is investigating and has arrested a suspect by the name of Ryan Routh. The suspect is allegedly a Ukraine supporter, as […]

According to Binance, the Bitcoin/Ether rate has now hit a 3-year low, reported at 0.03905, at press time. The last time the BTC/ETH rate sank to its lowest was on April, 10th, 2021 at 0.035576, which gradually picked its pace with the support level rounding to 0.04. Many factors might have contributed to Ethereum losing […]

The crypto market has been trying to pull itself out of the bearish market sentiment since last week’s dips. As of Sep 13th, Bitcoin is trading at $58,052.92, Ethereum at $2353.82 while Solana and XRP are priced at $133.70 and $0.56, respectively.  The market’s current dubious price swings have taken most investors on a rollercoaster […]

South Korean crypto exchange, Upbit, is ready to launch market support for Nervos Network (CKB) with trading pairs in KRW, BTC, and USDT. Users will be able to deposit within three hours of the announcement. However, trading is to commence from 5 PM KST on September 13th. Upbit has asked users to ensure deposits are […]

Binance Lab, led by  Binance co-founder Yi He and the incubation division, has invested in OpenEden, a platform focused on tokenizing real-world assets. OpenEden runs as a collective which includes a fund management company licensed under the Monetary Authority of  Singapore. Another branch of OpenEden’s business consists of the tokenization firm.  The U.S. Treasury Bills […]

The global stock markets are rallying as of September 12th in the background of European Central Bank and Federal Reserve rate cuts. The U.S. market experienced a total rise of 3.3%, whereas European markets saw an uptick of 3.23%. Further, according to Moneycontrol the percentage of total hike in Asian markets rounds up to 11.4%. […]

The global crypto market capitalization is down by -1.98% and currently stands at $2.08 trillion in value. In 24 hours, the crypto market tanked in value to $41.18 billion as confusion and angst about crypto’s future took over the market.  Yesterday, on September 10th, the first presidential debate of the 2024 U.S. elections brought investors […]

Economic uncertainties dented global stock and crypto markets last week, but the ETF markets quickly picked up the slack. After the market stabilized on September 10, the crypto spot ETFs experienced inflows. With a daily total net inflow of $116.96 million, Bitcoin ETFs are slowly returning to being the top choice for spot ETFs. BlackRock’s […]

Bitcoin Bitcoin, priced at $56,380.14, is currently testing to stay afloat at its 24-hour support level of $56,278.22. With the asset’s 24-hour resistance level at $58,029.98, Bitcoin’s price has tanked a little less than 1% after it reached $56,813 on September 19th, before the first presidential debate for the U.S. elections. The price took a […]

The U.S. presidential debate has finally arrived, making it a perfect opportunity to make a quick buck from these Politi-Fi tokens. While the crypto market has shown a lacklustre momentum of late, the memecoin market has slowly picked up. Grabbing these memecoins can make you reach, as they will soar higher in November during the […]

According to a report by QCP Asia Color, macro uncertainty is gripping the crypto market with a thirty-day correlation to the MSCI World Equity Index, the yardstick for assessing equity markets in developed countries, reaching a high of 0.6. This is the highest the indicator has reached in two years.  The world stocks and the […]

Base, built and launched in February 2023 by Coinbase, now stands in second place on the industry leader board by L2Beat, with an 18% market share of the total 74 active layer-2 networks. Base is preceded by Arbitrum One and followed by OP Mainnet.  All three Layer-2 projects run on Optimistic rollups. These networks are […]

According to Lookonchain’s data, a whale by the address of 5AemYLGY…oNhoqJ5n bought Solana worth $4.5 million fourteen hours ago. Starting from February 7th, the whale withdrew 206,951 $SOL from Binance and MEXC at an average price of $142. The whale further staked 115,135 $SOL, worth $15.3 million. In 10 separate transactions, the whale is either […]

Global stocks had a difficult last week, and cryptocurrencies were no exception! Whether it is exchanges such as Coinbase or crypto equities, the impact of the market’s sell-off spree has been felt worldwide and across industries. On Monday, September 9th, the crypto market’s Greed and Fear index, a determinant for gauging market sentiment, changed from […]

The Enjin Coin, a gaming token on the Ethereum chain, is due for a network update on the Binance Chain on September 9th, 2024. While trading activities for the ENJ tokens will not be paused, the upgrade will require a temporary suspension of deposits and withdrawals for ENJ tokens. Binance is ensuring their customers do […]

Steven Nerayoff, a tycoon in the blockchain space, has taken legal action against Covington & Burling. Nerayoff, the founder of the blockchain consultancy firm Alchemist, decided to sue the law firm for $100 million on the grounds of mishandling in an extortion case dated back to 2019, in which the law firm represented Nerayoff against […]

Mastercard and Mercuryo, in partnership, have launched a crypto debit card named ‘Spend’ for customers in Europe. Users can directly pay over 100 million merchants from their non-custodial wallets. The card has been designed to keep flexibility, allowing customers to pay with more than 40 different cryptocurrencies. Mastercard, a global titan in the finance ecosystem, […]

Sustainability is no longer a meaningless moniker to sell items but a lifestyle that all industries need to adopt to save the planet. So, it is not surprising that the financial ecosystem is slowly opening up to the idea of an eco-friendly alternative to digital assets. No doubt, cryptocurrencies possess many advantages, however, the biggest […]

Lookonchain, an on-chain analyst, had revealed that Vitalik Buterin sold 3000 ETH on August 9th after a crypto community member said the Ethereum founder had made $2 million in profit from a sell-off spree. Following the news, many community members debated whether it was right for Buterin to make such profits from his own token. […]

The S&P 500 extended its decline yesterday following reports of job openings decreasing to a 3-and-a-half-year low in July. Amidst all this, on September 5th, the TD Sequential Indicator hinted at a ‘buy’ signal, hinting that the downward trend might be running out of steam and prices might take an uptick in the near future. […]

In December 2017, XRP, then priced at $1.98, soon rose to its all-time high in 2018, trading at $3.84. Drawing parallels from this incident, where the crypto industry saw a 61,000% increase in the XRP token’s price in 28 days, crypto analyst Dark Defender suggests XRP could rally as high as $8, given the Fibonacci […]

As of September 4th, Spot Ethereum has witnessed a colossal net outflow of $37.51 million, with Grayscale Ethereum ETFs leading the race. ETHE saw a net outflow of $40.62 million, while the Mini Trust ETH accounted for over $3 million in net outflows. Other ETF issuers did not have any inflow or outflow as of […]

According to on-chain analyst Lookonchain, a whale bought 545 BTC around 4:50 EDT on September 4th. At the current price during the time, the whale spent a colossal $30.82 million to buy the recent dip. Bitcoin’s price has been tumbling down since September 3rd, 21:35 EDT – from $58K to $56K. As predicted earlier, Bitcoin […]

Ripple, a cross-border payments firm, has been gearing up for its stablecoin launch. In the Korea Blockchain Week fireside chat, Ripple CEO Brad Garlinghouse elucidated that the stipulated time for the launch has been reduced to “weeks” from months. Ripple USD, or RLUSD, is currently in its beta phase and is kept private for further […]

As of August 3rd, the memecoin market capitalization is $40B. While the bitcoin and altcoin market has suffered a blow, memecoins still hold their place with only a -0.10% change. Within the crypto market, Bitcoin’s price declines almost nab altcoins and memecoin’s prices. However, five coins in the market have continued to remain stable, even […]

On July 18th, WazirX suffered the worst hack India has seen, and now the hacker has started purging funds. According to reports by Arkham Intelligence, a blockchain security intelligence firm, the hacker transferred 100 ETH to Tornado Cash in a series of 26 transactions. The news occurred on the same day as a new update […]

During a fireside chat at the Korea Blockchain Week, U.S. Securities and Exchange Commission commissioner (SEC) Mark T. Uyeda pointed out that the current S-1 forms are not equipped for certain financial products. S-1 forms are a legal requirement for U.S. issuers when launching new securities products and are filed with the SEC. Uyeda stated […]

On 2nd September, Bitcoin tested a new support level at $54K but quickly recovered and is currently changing hands at $59,217.95 on 3rd September (1.11 am EST). The dip in yesterday’s price can be pointed to the current dip in the interest of short-term holders of the asset. Back in 2018, short-term holders ranged to […]

The Federal Reserve announced its decision to cut interest rates on August 21 in its July Federal Open Market Committee (FOMC) meeting. Federal Reserve Chair Jerome Powell took to the podium at the Jackson Hole Economic Symposium and said, “The timing and pace of rate cuts will depend on incoming data, the evolving outlook, and […]

On September 2nd, a whale bought one thousand Bitcoins worth $57.41 million. This brings the total Bitcoin held by the whale to 8559 BTC, worth $493.18 million. The whale has been buying the dip since August 29th, when they purchased 1,000 BTC worth $59.65M on the day. Bitcoin is changing hands at $57,659, a 1.20% […]

On Saturday, Telegram Co-founder and CEO Pavel Durov was detained at the Le Bourget airport in Paris by the French judicial officers. Durov, the 39-year-old, was taken into custody related to Telegram’s operations. The French officials took a warrant out for Durov and charged him with drug trafficking, promotion of terrorism, cyberbullying, and criminal use […]

On 22nd August, the U.S. Bitcoin ETF saw a total net positive inflow of $64.8 million, with BlackRock’s IBIT, yet again, taking the lead with a $75.5 million inflow. For the Ethereum ETF, the total net positive inflow closed in on $0.874 million, with a total net outflow rounding up to $19.8 million.  With a […]

According to on-chain analytics from LookOnChain, a $WIF whale made over $68 million in profits in the last three days. The whale continues to ‘HODL’ more of the token dogwifahat (WIF). The trader who deposited 21.9 million WIF tokens into the Kamino platform has shown strong confidence in the token. As part of their trading […]

TRON network now steals the show as it makes record-high 24-hour revenue of $3.84M. The event comes just eleven days after the launch of the Sundog memecoin sensation on August 15. Sundog is deployed by the SunPump platform, which made headlines after bagging $1.1 million in revenue. Justin Sun, the co-founder of TRON, shared “SunPump,” […]

According to Arkham Intelligence, Mt. Gox moved 1,264.7 BTC to the cryptocurrency exchange Bitstamp earlier today at around 16:49 UTC+8 (worth about $75.36 million). The spotlight is once again on the now-defunct exchange following this movement, and blockchain data provider Arkham has confirmed that there was such an outflow. After this transfer, Mt. Gox still […]

The ongoing surge in the stock market driven by momentum traders and significant corporate buybacks pushing up values has sparked speculation about the possibility of this sentiment spreading to alternative investments, like cryptocurrencies or gold, once more. Given that Bitcoin (BTC) is changing hands at nearly $60,800, the renewed interest in equities could provide timely […]

Bitcoin is attracting the interest of investors and traders globally, sparking opinions on its short-term outlook in the market. While some experts caution about a decline to $40K, hinting at a downturn, others point to the PI Cycle Top Indicators’ track record of accurately foreseeing bull market highs, suggesting an impending significant price shift. Given […]

Worldwide Stablecoin Payment Network (WSPN), which is leading the way in creating infrastructure for the next-gen stablecoins, or ‘Stablecoin 2.0,’ today announced it had raised a $30M seed funding round that will be used to further its product development and scale its network’s go-to-market implementations into finance, retail, social platforms, and other verticals. Foresight Ventures […]

Australia’s biggest market operator, ASX Limited, is being sued by the Australian Securities and Investments Commission (ASIC) over misleading statements about a blockchain project to replace its outdated Clearing House Electronic Subregister System (CHESS). However, it turned into a significant legal stoush after allegations that ASX had misrepresented the progress of the project. The project […]

Norway’s Norges Bank Investment Management (NBIM), the world’s largest sovereign wealth fund, has broken its record for indirect Bitcoin exposure with 2,446 BTC. This marks an increase of 938 BTC since December 31, 2023. The increase is not a result of buying more bitcoin but an algo-based sector weighting and risk dispersion. Nevertheless, it illustrates […]

In the first week of August, Bitcoin noted substantial shifts as it transitioned from a buy phase to a sell phase. On August 7th, the price of Bitcoin was $56,040.63. This change was particularly notable among wallets and long-term holders (LTHs). During the sell-side pressure period, many retail investors offloaded their holdings to maximize profit […]

As of August 12th (Eastern Time), Bitcoin’s total spot ETF this week recorded a net inflow of US $27.87 million, as per SoSoValue data. This inflow upholds the ongoing demand and encouragement of Bitcoin financial assets with current market uncertainty. GBTC ETF saw a net outflow of USD 11.77 million yesterday, bringing its total historical […]

Solana (SOL) has experienced a lot of volatility in the last week as it oscillated between major levels. It reached a local maximum of about $163.91 but then dropped quickly to around $140.65, marking resistance and support levels well defined at such prices in the graph below: At the time of publication, SOL is trading […]

BlackRock’s iShares Ethereum Trust (ETHA) is set to go down in history as the first-ever US spot ETH ETF with a billion dollars worth of net inflows within three weeks of launch. At present, ETHA has gathered around $901 million and is expected to break the $1 billion barrier this week, commented Nate Geraci, the […]

Blockchain technology started as a nascent technological experiment, but it has quickly become a powerful force that could fundamentally alter whole economies. In the wake of this tectonic movement, just as atomic power sparked an arms race between nations once its might was exhibited, so too do countries scramble for mastery over crypto in response […]

Bitcoin managed to saunter above $60,000 for the first time since it broke off its last high at $58k. This is a major milestone representing Bitcoin’s continued resilience and adoption in traditional finance. That growth is a testament to the fundamentals, which have not only held firm with regard to Bitcoin’s price resilience but also […]

Bitcoin is making moves for a retest of $60,000. The latest technical analysis, paired with the on-chain metrics that provide clarity, suggests a bull run that can drive Bitcoin beyond its vital psychological resistance point. Technical Indicators: Forming an ascending triangle pattern Recently, in price action, the Bitcoin chart has shown an ascending triangle pattern. […]

BingX has set its sights on expanding the fiat trading feature that it offers, an ambition that can now be realized with its integration with Apple Pay and Google Pay. According to the most recent update, BingX users can now use 30 fiat-based currencies to purchase a variety of cryptocurrencies. The integration will provide: A […]

In the U.S., spot Bitcoin exchange-traded funds (ETFs) saw a sharp return to inflows this week, with flows in positive territory for the first time since Monday, having registered $45.14 million of net new activity on Wednesday. That’s a reversal from the roughly $554m that left Bitcoin ETFs in the prior three trading days. The […]

The creators behind the Ethereum Layer 2 solution, Turbo Protocol, have made waves in the blockchain sector after introducing their new high-performance sidechain, which can process up to 400,000 transactions per second (TPS). Announced at the Blockchain Application Stanford Summit, this discovery solidifies Turbo Protocol as one of the frontrunners in a mission to create […]

On Monday, the stock market took a nosedive as all three significant stocks, the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite ended in correction territory from recent highs. Fearing a U.S. recession, a new rise in unemployment, and other factors triggered across-the-board losses globally, and the crypto industry was not spared. […]

Large South Korean cryptocurrency exchange Upbit listed Pendle (PENDLE) on August 6, 2024. PENDLE trading: PENDLE Markets is lined up to be listed on the KRW and BTC markets, specifically over an Ethereum network. Upbit further advised users, “Be sure to check the network before depositing digital assets. Deposits and withdrawals via networks other than […]

Global cryptocurrency investment offered by titans of the asset management industry, including Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares, and 21Shares, posted net outflows for the first time in four weeks, totaling $528 million, as per CoinShares’ most recent report. The products witnessed withdrawals following weeks of accrued gains as worries over the recession and […]