News

News

Latest News

Michael Saylor Defends Bitcoin's Volatility as Key to Financial Revolution

In a bold defense of Bitcoin, Michael Saylor, Chairman of MicroStrategy, has characterized the cryptocurrency's volatility as an essential aspect of its utility and liquidity.

Venture Capital Firms Scale Back Crypto Investments Amid Strong Bitcoin and Ethereum Returns

In a significant shift within the cryptocurrency landscape, venture capital (VC) firms are increasingly slowing their investments in the sector, opting instead to capitalize on the robust returns offered by established cryptocurrencies like Bitcoin and Ethereum.

Celsius Files $3.5 Billion Lawsuit Against Tether Over Alleged Bitcoin Mismanagement

Defunct cryptocurrency exchange Celsius has initiated a lawsuit against Tether, seeking approximately $3.5 billion in returns, damages, and legal fees related to Bitcoin collateral.

Shiba Inu's Hard Fork: A Strategic Move for Deflation and Price Potential

Shiba Inu's recent hard fork, which introduced the new Bor version of Shibarium on August 9, aims to enhance the ecosystem's deflationary characteristics and improve overall functionality.

Toncoin Defies Market Trends, Surges Over 6% Amidst Crypto Correction

The cryptocurrency market is currently experiencing a significant correction, with many major cryptocurrencies seeing declines in their prices.

IRS Releases Updated Draft of Crypto Tax Reporting Form 1099-DA

The U.S. Internal Revenue Service (IRS) has published a revised version of the tax form crypto brokers and investors will use to report proceeds from certain transactions starting in 2026.

Federal Reserve's Crackdown on Crypto-Friendly Bank Sparks Controversy

The enforcement action taken by the United States Federal Reserve against the crypto-friendly Customers Bank has sparked speculation that Vice President Kamala Harris' presidential campaign may not be genuine in its efforts to mend relations with the cryptocurrency industry.

PEPE Memecoin Faces Volatility Amid Market Resurgence: Can Bulls Reclaim Momentum?

The memecoin market has recently experienced a notable resurgence, with its total market capitalization rising by 10% to over $42 billion within a 24-hour period.

Gemini and Coinbase Challenge CFTC's Proposed Ban on Prediction Markets

Gemini, a prominent cryptocurrency exchange, has recently voiced strong opposition to a proposed regulation by the U.S.

Chainlink (LINK) Poised for Breakout: Key Support Levels Signal Potential Bullish Momentum

Chainlink (LINK) is showing signs of potential breakout as it rebounds from a significant support and resistance level that has been pivotal for the cryptocurrency over the years.

Surge in Tether's USDT and Circle's USDC Signals Crypto Market Rebound

The cryptocurrency market is showing signs of recovery as the combined supply of Tether's USDT and Circle's USDC surged by nearly $3 billion within just one week.

Solana Swiftly Addresses Security Vulnerability, Showcasing Network Resilience

In recent months, Solana [SOL] has demonstrated robust performance across its network, bolstering its standing in the cryptocurrency market.

Bitcoin Bull-Bear Cycle Indicator Flashes Bullish Signal, Suggesting Price Could Reach $60K

The Bitcoin bull-bear market cycle indicator, which tracks investor sentiment phases, has flipped to signal bullish conditions, following three days of flashing red as Bitcoin's price plummeted to levels not seen since February.

Ethereum's Bullish Momentum: Network Activity and Economic Factors Fuel $3K Rally Potential

Ethereum (ETH) has recently demonstrated strong bullish momentum, highlighted by a notable 16.2% surge on August 8, which brought its price to $2,604.

Ripple Launches Testing Phase for Its Stablecoin, Ripple USD, on Ethereum and XRP Ledger

Ripple, the blockchain technology company known for its enterprise-focused solutions and the XRP Ledger, has announced the commencement of testing for its stablecoin, Ripple USD (RLUSD), on both the Ethereum mainnet and the XRP Ledger.

Ethereum's Comeback: Is This the Start of a Bullish Surge?

Ethereum has recently experienced a notable recovery, rising over 9% in the past 24 hours to trade at approximately $2,665.61.

Bitcoin Price Volatility: Whale Activity Sparks Market Speculation

Bitcoin's recent market activity has stirred considerable speculation among traders, particularly following the appearance of a substantial sell order for 12,000 BTC.

MOG TRUMP Surges Over 50% Amid Political Support and Crypto Enthusiasm

Amidst a broader recovery in the cryptocurrency market, MOG TRUMP (TRUMP) has experienced a remarkable surge, climbing over 50% in just 24 hours, as reported by CoinGecko.

Bitcoin Surges Past $62,000 as Bulls Eye $100,000 Year-End Target

Bitcoin (BTC) experienced a significant surge, briefly surpassing $62,000 before retreating during the Asian morning hours on Friday.

FTX Reaches $12.7B Settlement with CFTC, Resolving Bankruptcy Saga

After almost two years of legal battles, bankrupt crypto exchange FTX has reached a $12.7 billion settlement with the U.S. Commodity Futures Trading Commission (CFTC).

Vitalik Buterin Transfers $8 Million in Ether, Sparking Speculation of Charitable Intent

Vitalik Buterin, the co-founder of Ethereum, has transferred 3,000 ETH (worth over $8 million) to a new multisignature wallet, potentially signaling his intention to make a charitable donation.

BNB Price Surges 4.5% as Binance Token Outperforms Broader Crypto Market

The price of BNB, the native cryptocurrency of the BNB Chain (formerly Binance Smart Chain), jumped 4.5% intraday on June 5th to establish a new record high around $716.

Trump-Themed Cryptocurrency Restore the Republic Soars and Crashes Amid Speculation

A newly launched cryptocurrency called Restore the Republic (RTR) experienced a dramatic rise and fall within hours of its debut, largely fueled by speculation surrounding its association with former President Donald Trump.

Neiro Crypto Soars Over 1600% as Wintermute Joins the Wagon

One of Ethereum's most talked-about new memecoins, Neiro (NEIRO), has recently experienced a meteoric rise, jumping over 1600% in value. As of August 8, NEIRO was trending as the third most popular cryptocurrency on CoinMarketCap, following Bitcoin (BTC) and Ripple (XRP).

Bitcoin Reclaims $62K, Forming a Bullish Pattern

Bitcoin has reclaimed the $62,000 level just a few days after the recent market dip, which some are calling "Crypto Black Monday."

Franklin Templeton Launches Tokenized Money Fund on Arbitrum

Franklin Templeton, a prominent global investment management firm, has made a significant move into the world of decentralized finance (DeFi) by launching a tokenized money market fund on the Arbitrum blockchain.

Ethena Labs Integrates USDe Stablecoin with Solana Blockchain, Unlocking New DeFi Opportunities

Ethena Labs has made headlines with the recent integration of its USDe stablecoin into the Solana blockchain, announced on August 7.

Bitcoin Price Soars to $58,500 Amid Disappointing U.S. Jobs Data

Bitcoin has surged to a week-to-date high of $58,500, buoyed by a mix of market optimism and recent economic data that has shifted investor sentiment.

FTX and Alameda Directed to Compensate Creditors $12.7 Billion by U.S. Court Ruling

In a significant development in the ongoing FTX saga, a U.S. judge has ordered defunct crypto exchange FTX and its sister company, Alameda Research, to pay $12.7 billion to creditors.

WazirX Reverses Trades, Halts Withdrawals Amid Technical Glitch

WazirX, a prominent cryptocurrency exchange in India, has recently announced a significant decision to reverse trades made during a temporary withdrawal halt.

XRP Surges Over 20% Following Ripple's Legal Victory Against SEC

Ripple Labs' recent legal victory against the SEC, which involved a $2 billion claim, has significantly impacted the market for its native token, XRP.

Kamala Harris and Donald Trump Tied in Prediction Markets for 2024 Presidential Race

Recent developments in the political landscape have sparked significant interest in the upcoming 2024 U.S. presidential election, particularly regarding the betting markets that gauge public sentiment on potential candidates.

Eric Trump Teases Major Crypto Update: Speculation Surrounds New TrumpCoin

Following a series of pro-crypto initiatives by former President Donald Trump, Eric Trump, his son, has hinted at a major upcoming development in the cryptocurrency and decentralized finance (DeFi) sectors.

Metaplanet Secures Billion Yen Loan to Expand Bitcoin Holdings

Japanese investment firm Metaplanet has secured a $6.8 million (1 billion Japanese yen) loan from one of its shareholders, MMXX Ventures, to purchase more Bitcoin.

Ripple Ordered to Pay $125 Million in SEC Case: Judge Imposes Injunction Against Future Violations

A federal judge has ordered Ripple Labs Inc. to pay $125 million in civil penalties and has imposed an injunction against future violations of securities laws, marking a significant development in the long-running legal battle with the U.S. Securities and Exchange Commission (SEC).

Bitcoin Whale Transactions Hit Peak Levels Not Seen Since April's Crypto Black Monday

Bitcoin whale transactions surged to their highest levels since April during a significant market downturn on August 5 and 6, as reported by on-chain analytics platform Santiment.

Morgan Stanley Approves Advisers to Recommend Bitcoin ETFs, Signaling Major Shift in Crypto Adoption

Morgan Stanley, the largest wealth manager in the United States, has officially authorized its 15,000 financial advisers to recommend Bitcoin exchange-traded funds (ETFs) to clients.

Pepe Cryptocurrency Poised for Potential 33% Rally, Analysts Suggest

In an intriguing turn of events within the cryptocurrency market, analysts are predicting that the meme-inspired cryptocurrency Pepe (PEPE) could be on the verge of a significant price rally, potentially increasing by as much as 33%.

Key Questions Surrounding Ethereum's Current Market Dynamics

Recent data indicates that Ethereum (ETH) whales have been actively accumulating the cryptocurrency amid the current price dip.

Solana Surges to New All-Time High Against Ethereum, Traders Eye $200 Breakout

Solana's SOL price has reached a new all-time high against Ethereum (ETH) on August 7, 2024, hitting a value of 0.06211 ETH.

Bitcoin Faces Death Cross Amid Market Turbulence: Ethereum Shows Signs of Resilience

Recent developments in the cryptocurrency market have raised concerns as Bitcoin (BTC) approaches a critical "death cross" formation, a technical indicator that could signal further turbulence ahead.

Sudden Movement of $2.47 Billion in ETH Sparks Concerns Over Plus Token Ponzi Scheme

In a startling development, hundreds of dormant cryptocurrency wallets linked to the infamous Plus Token Ponzi scheme have suddenly begun transferring significant amounts of Ether (ETH).

SOL Soars 38%, Driving a Surge in Solana-Based Memecoins

Memecoins within the Solana ecosystem have experienced a remarkable surge, with many tokens rising over 30% in the past 24 hours.

Bitcoin Experiences Significant Price Drop as Ghost Month Begins

Bitcoin has recently seen a notable recovery of 13%, bouncing back from a drop to $49,050. However, the onset of 2024's "ghost month," which runs from August 4 to September 2, has instilled caution among investors, particularly in the Asian markets.

Solana (SOL) Shows Resilience with Strong Recovery Amid Market Volatility

Solana (SOL) is making headlines as it demonstrates a notable recovery following a significant market downturn that saw its price plummet in recent weeks.

Bitcoin Price Forecast: Analysts Suggest Waiting for Low $40,000s for Optimal Entry

Bitcoin's recent price fluctuations have led analysts to suggest that investors should consider waiting for a drop into the low $40,000 range before making their next moves.

Bitcoin Whales Accumulate $23 Billion Worth of BTC in 30 Days

In a remarkable display of confidence in the cryptocurrency market, Bitcoin hodlers have accumulated a staggering $23 billion worth of Bitcoin over the past 30 days.

Bitcoin Poised for Bullish Run as Key Indicators Point to Potential Surge Past $65K

Bitcoin (BTC) is showing promising signs of a potential rally, with analysts suggesting that the cryptocurrency could surpass the $65,000 mark in the near future.

Bitcoin's Future Hangs on Anticipated Fed Rate Cuts: Will a New Rally Emerge?

As Bitcoin navigates a challenging market landscape, all eyes are on the Federal Reserve's upcoming meeting on September 18, 2024, where a potential rate cut of 1.5% could significantly influence the cryptocurrency's trajectory.

Bitcoin Faces Looming Death Cross Amid Market Volatility

August 6, 2024 – In the ever-volatile world of cryptocurrency, Bitcoin is once again staring down the barrel of a "death cross," a technical pattern that has historically sparked fear and uncertainty among investors.

Marathon Digital Holdings Increases Bitcoin Holdings by 20% in July 2024

Marathon Digital Holdings, the world's largest Bitcoin miner, continues to increase its Bitcoin holdings as part of its "full HODL" approach.

Ethereum Plunges 24% in 7 Days, Investors Eagerly Await Rebound

Ethereum has faced a significant decline over the past week, with its price plummeting by 24% amidst a broader downturn in the cryptocurrency market.

Bitcoin Surges Above $56K, Solana Leads Recovery After Monday's Crypto Rout

On Tuesday, August 6th, 2024, the cryptocurrency market experienced a strong rebound, with Bitcoin (BTC) jumping above the $56,000 mark and Solana (SOL) leading the recovery from the previous day's sell-off.

Bitcoin Plunges into "Extreme Fear" Zone as ETFs Face $168 Million in Outflows

In a dramatic turn of events, the cryptocurrency market has plunged into a state of "Extreme Fear," as indicated by the Crypto Fear & Greed Index, which fell to a score of 17 out of 100 on August 5.

Ethereum Faces Historic 36% Sell-Off: Can Bulls Regain Control?

As of early August 2024, Ethereum's price has fallen to approximately $1,650, a level not seen since early 2021.

Capula Management, Europe's Fourth Largest Hedge Fund, Allocates $500 Million to Bitcoin ETFs

In a significant move that underscores the growing institutional adoption of cryptocurrencies, Capula Management, Europe's fourth-largest hedge fund, has disclosed a substantial investment of nearly $500 million in Bitcoin exchange-traded funds (ETFs).

Swan Bitcoin Cancels Pacific Bitcoin Festival Amid Strategic Shift

Swan Bitcoin, a financial services firm focused on Bitcoin, has announced the cancellation of its Pacific Bitcoin Festival, originally set to take place in Santa Monica, California, from October 18 to 19, 2024.

Trump Urges Current Administration to Retain Bitcoin Holdings

Former U.S. President Donald Trump has issued a warning to the current administration, urging them not to sell Bitcoin or other cryptocurrencies held by the government.

US Bitcoin, Ethereum ETFs See $6 Billion Volume Amid Crypto Crash

In the midst of the ongoing crypto market downturn, United States-based Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have seen a surge in trading volume, reaching a staggering $6 billion.

Is Bitcoin Heading for a $40K Crash? Understanding the Investor Panic

Bitcoin has recently plunged below $51,000, igniting fears among investors that it may crash to $40,000.

Cryptocurrency Market Analysis: August 5, 2024

The analysis begins with a look at the S&P 500 (SPX) and the U.S. Dollar Index (DXY), which are crucial indicators of market sentiment.

Ethereum's Path to Bullish Recovery: The $2,500 Challenge

Ethereum, the second-largest cryptocurrency by market capitalization, is currently navigating a turbulent phase, with analysts suggesting that crossing the $2,500 mark is crucial for the asset to regain bullish momentum.

Robinhood Confirms 24-Hour Trading Service Remains Operational Amid Market Turmoil and User Concerns

On August 5, 2024, Robinhood found itself at the center of controversy regarding its 24-hour trading service amid significant market volatility.

Bitcoin Plunges Below $50,000 Amid Market Turmoil

Bitcoin's price has recently taken a significant downturn, falling below the $50,000 mark for the first time in several months.

Sustainability Challenges Threaten Bitcoin Layer 2 Rollups

A recent report from Galaxy Research has raised significant concerns about the long-term sustainability of Bitcoin Layer 2 scaling solutions, particularly rollups.

Solana Faces Significant Decline Amidst Market Downturn

Solana (SOL) has recently faced a substantial decline, dropping over 22% in just the past week, making it one of the top losers among major cryptocurrencies.

Crypto Market Loses Over $300 Billion in Largest Three-Day Plunge in a Year

The cryptocurrency market has experienced a significant downturn, with over $300 billion wiped out in the largest three-day plunge in a year.

Cryptocurrency Market Plunges as Bitcoin Drops Below $52,000; Ether Turns Negative for 2024

The cryptocurrency market is facing a significant downturn, with Bitcoin tumbling to around $52,000 and Ether turning negative for the year 2024.

Toncoin Price Likely to Decline Towards $5 Amid Bearish Momentum

Toncoin (TON) is currently experiencing significant selling pressure, with projections indicating a potential decline towards the $5 mark.

Chainlink Reaches 2024 Lows: Is It Time to Buy LINK at a Discount?

Chainlink (LINK) has recently experienced significant price drawdowns, prompting discussions about a potential trend reversal.

Tether Launches Gold-Backed Stablecoin aUSDT for Higher Profit Potential

Tether, the world's largest stablecoin issuer, has announced the launch of a new gold-backed stablecoin called aUSDT.