Crypto

Coinbase, the popular cryptocurrency exchange, experienced a significant boost in its shares, reaching nearly $90, after Cboe Global Markets, the operator of the Chicago Board Options Exchange, filed amended applications for three spot Bitcoin exchange-traded funds (ETFs). These applications included surveillance-sharing agreements with Coinbase. Although the US Securities and Exchange Commission (SEC) has not yet

Bitfinex, one of the leading cryptocurrency exchanges, has released its latest Bitfinex Alpha report, offering valuable insights into the dynamic crypto market. In this week’s publication, it was revealed that the amount of unmoved bitcoin has reached an all-time high. This intriguing development can be attributed to the growing interest of institutional investors in the

Bitcoin and Ethereum are currently trading at lower prices on Binance.US compared to other global spot markets, presenting an attractive opportunity for market participants. Bitcoin, priced at nearly $27,500, is approximately $2,500 lower on Binance.US, while Ethereum is trading at $1,700, offering a $200 discount. This significant difference in prices has led crypto users to

Conor Grogan, the head of product at Coinbase, recently made an intriguing revelation. He found $322,000 worth of digital assets belonging to an individual who had no knowledge of their existence. These funds were transferred after Ethereum’s hard fork event in 2016. Grogan took to Twitter to announce his discovery, revealing that he has been

Portuguese soccer superstar Cristiano Ronaldo has recently unveiled his latest venture in the world of digital assets with the launch of his NFT collection titled “Forever CR7: The GOAT.” Available on the Binance NFT Marketplace, this collection showcases significant goalscoring moments from Ronaldo’s illustrious career. Last summer, Ronaldo partnered with Binance, the world’s largest cryptocurrency

Bitcoin’s price has recently experienced a surge and successfully surpassed the key resistance level of $30K. However, the market is currently going through a consolidation phase with some noteworthy signals emerging. On the daily chart, the price has repeatedly tested the $30K level since its breakout. While this level has provided support thus far, there

According to Reflexivity Research, Bitcoin’s performance this year is resembling that of its previous 4-year market cycles, indicating the potential beginning of another bull market. The market analysis firm recently released a report that explores the factors driving Bitcoin’s strong performance in the second quarter of the year. The report focuses on both market structure

Simon Hoadley, a retired financial advisor from East Sussex, UK, found himself caught in the clutches of a harrowing cryptocurrency scam that resulted in the loss of nearly $100,000. However, thanks to the efforts of legal experts, a significant portion of the funds were successfully recovered. Hoadley, seeking to supplement his income during the COVID-19

The journey towards the approval of a Bitcoin ETF has been a long and arduous one. The Winklevoss twins filed the first Bitcoin ETF application in 2013, but US regulators have yet to give their stamp of approval. However, the tides seem to be shifting as some of the biggest names in traditional finance have

Uniswap Labs has recently shared some exciting details about the progress of its highly anticipated v4 release. The team behind the decentralized finance (DeFi) powerhouse, Uniswap, has outlined three key milestones in the launch of this upcoming version. Barring any security issues or delays related to the Cancun hard fork and audit process, v4 is

The crypto market has witnessed a significant downturn in recent days, with Bitcoin (BTC) and several other cryptocurrencies experiencing a notable drop in prices. This unexpected turn of events has caused concern among traders, leading them to question whether the bullish momentum that has been driving the market is now coming to an end. Despite

The resurgence of memecoins may have waned, but the Shiba Inu token (SHIB) continues to capture attention. On July 5th, SHIB stood out among tokens with the highest transaction fees, indicating a surge in activity surrounding it. Recent data reveals significant growth in the SHIB network, further supporting a bullish outlook. Additionally, the supply of

Changpeng Zhao (CZ), the CEO of Binance, recently shed light on why the company dedicates time and resources to support cryptocurrencies and blockchains beyond its own developments. While CZ expressed optimism about the BNB Chain ecosystem, he emphasized that he personally advocates for Bitcoin (BTC). During an Ask Me Anything (AMA) session on Twitter, a

Verge ($XVG) has experienced an astonishing surge of 380%, leaving traders wondering if this momentum is sustainable or just temporary. However, Verge is not the only cryptocurrency that has caught the attention of traders. Wall Street Memes ($WSM) and Ecoterra ($ECOTERRA) have also emerged as significant players in the market. Verge, a decentralized and open-source

Ordinals developers are revolutionizing the way blockchain bloat caused by Bitcoin NFTs is managed, potentially slashing creation costs by 90%. The latest development in this field is BRC69, a groundbreaking standard proposed by Ordinals launchpad platform Luminex. The aim of BRC69 is to optimize the costs associated with inscribing on Bitcoin using the Ordinals protocol.

Nonfungible tokens (NFTs) have not rebounded to the same extent as the overall cryptocurrency market. Even the most prominent collections in the industry, like Yuga Labs’ Bored Ape Yacht Club (BAYC), have experienced substantial discounts. On July 3, Will Clemente, co-founder of Reflexivity Research, disclosed that BAYC’s value had dropped by 90% from its peak.

A recent study conducted by KuCoin has found that nearly half, or 49%, of German crypto investors believe that digital currencies have the potential to help them achieve their long-term wealth accumulation goals. Furthermore, one in four individuals surveyed stated that they view crypto as a store of value, especially during times of economic turbulence.

John Michael Musbach, a 34-year-old resident of Haddonfield, New Jersey, has recently been sentenced to six and a half years in jail for a heinous crime. Musbach hired a hitman on the Dark Web to murder a child who was about to testify against him in a child-pornography case. This child, who was the victim

According to an analysis conducted by the Atlantic Council, nearly all major economies are actively exploring the implementation of Central Bank Digital Currencies (CBDCs). This study revealed that 130 nations, accounting for approximately 98% of the global GDP, have expressed interest in CBDCs. While 11 countries, including China, have successfully launched their own CBDCs, another

Binance Research, the research arm of the world’s largest cryptocurrency exchange, recently conducted a survey to gauge the outlook of institutional investors towards cryptocurrencies. The survey, titled the “Institutional Crypto Outlook Survey,” was conducted between March 31 and May 15, 2023, with 208 global institutional clients and VIP users participating as respondents. These respondents represented

TRM Labs, a prominent firm specializing in blockchain analysis and the prevention of cybercrime, has recently published a detailed report outlining the significant sums of money lost to malicious actors within the crypto industry throughout 2022. These figures are particularly striking, given the decline in prices and waning interest in the market over the past

American multinational investment giant, Citigroup Inc., is reportedly reevaluating its collaboration with Swiss firm Metaco. Metaco specializes in providing crypto custody services for institutional investors and joined forces with Citi a year ago to develop and pilot the latter’s digital asset custody capabilities. However, recent market volatility has strained the relationships between traditional financial firms

Ledger, a well-known crypto wallet service provider, has unveiled its latest product offering called Tradelink. This innovative trading and settlement network technology is specifically designed for asset managers, custodians, and exchanges/OTC with off-exchange trading capabilities. The primary goal of Tradelink is to simplify processes and enhance operational speed for these entities. Streamlining Trading Processes Tradelink

Cryptocurrency exchange EDX Markets, which recently launched, is reportedly in final negotiations with Anchorage Digital to serve as its custodian. This comes after EDX Markets terminated its collaboration with Paxos, a blockchain infrastructure firm, as reported by Bloomberg. Paxos was initially intended to be the custodian for EDX Markets, providing customers with direct access to

Eden Island, Republic of Seychelles – June 27th, 2023 – A new memecoin called PEPE is set to launch on the BNB Chain, following in the footsteps of its Ethereum counterpart. PEPE (BEP20) is an innovative memecoin that incorporates several distinctive mechanisms into its tokenomics. Inspired by the mischievous frog from the webcomic “Boy’s Club,”

Bybit, a prominent cryptocurrency exchange, has secured a license to operate in Cyprus and is set to expand its operations in the country. The license will allow Bybit to provide a full suite of services, including trading between cryptocurrency pairs and fiat currency pairs, financial services related to crypto assets, and custody solutions curated specifically

After experiencing a significant downtrend and period of correction, Ethereum’s price found support at the $1.6K level, coinciding with the 200-day moving average. The buying pressure at this level triggered a rapid reversal and an upward trend towards the critical resistance zone at $2K. Additionally, the price surpassed the 100-day moving average at $1.8K, indicating