Crypto

Bitcoin (BTC) layer 2 blockchain Stacks (STX) has skyrocketed in value following an endorsement by billionaire investor Tim Draper. With a significant 26% increase since Draper’s comments, Stacks is garnering attention as an emerging protocol in the crypto world. This article delves into the details of Stacks, its advantages, and how Tim Draper’s support could
0 Comments
Revolut, a financial technology company, has announced its intention to suspend cryptocurrency purchases for its business clients in the United Kingdom. The decision comes as a response to the new regulations on crypto promotion set by the UK’s Financial Conduct Authority (FCA), scheduled to take effect in January 2024. This article aims to critically examine
0 Comments
The United States Securities and Exchange Commission (SEC) has recently announced a delay in the decision to approve Ethereum exchange-traded funds (ETFs) from several asset management firms. This news has generated significant interest within the crypto community and has raised questions about the future of ETFs in the cryptocurrency market. The SEC has issued delay
0 Comments
Bitcoin’s recent rally above $44,000 was met with resistance at nearly $45,000, leading to a significant price retracement. Market analytics platform CryptoQuant suggests that profit-taking by a specific group of investors might be responsible for this downward trend. By analyzing on-chain data, CryptoQuant’s analyst Yonsei discovered that short-term holders and the investor cohort holding their
0 Comments
Bonk Inu (BONK), the latest sensation in the cryptocurrency market, has been generating substantial buzz recently. With its rapid price swings and association with Solana, BONK has caught the attention of many, including Arthur Hayes, the co-founder of BitMEX. Hayes took to Twitter to praise BONK’s valuation performance and even suggested that it could surpass
0 Comments
Bitcoin’s remarkable performance in the market this year has sparked speculation among experts and analysts about the potential for the cryptocurrency to reach new heights. One analyst who believes in the possibility of Bitcoin skyrocketing to an impressive mark of $100,000 is DonAlt, the creator of the popular YouTube channel Technical Roundup. DonAlt suggests that
0 Comments
Decentralized finance (DeFi) has been on the rise in recent years, with cryptocurrency markets experiencing a surge of interest and activity. While decentralized exchanges (DEX) have traditionally had lower trading volumes compared to centralized exchanges (CEX), the recent market rally has led to an increase in DEX activity, albeit at a somewhat slower pace. Major
0 Comments
In a shocking turn of events, the United States Department of Justice (DOJ) has unearthed a crypto Ponzi scheme that defrauded investors of an estimated $25 million. The masterminds behind this elaborate scam are none other than 51-year-old David Gilbert Saffron of Australia and 52-year-old Vincent Anthony Mazzotta Jr. of California. Their fraudulent crypto investment
0 Comments
Ethereum’s native cryptocurrency, Ether (ETH), has experienced a significant resurgence in 2023, making a remarkable recovery from the losses suffered during the tumultuous year of 2022. According to data from CoinGecko, ETH has reached nearly $2,400 in recent days, although it still falls short of its all-time high of over $4,800 recorded in November 2021.
0 Comments
Bitcoin, the leading cryptocurrency, experienced a roller coaster weekend as it attempted to breach the $43,000 mark but fell short. It retreated to its initial position of approximately $42,000. Other altcoins also faced minor losses, except for Shiba Inu and Internet Computer, which recorded substantial gains. Following its peak on Saturday, Bitcoin retraced on Sunday
0 Comments
The cryptocurrency market continues to gain traction in the financial world, and this season seems to be all about cryptocurrency exchange-traded funds (ETFs). Traditional finance companies are eagerly seeking regulatory approval to introduce more ETFs to the market. One such company that has thrown its hat in the ring is First Trust, an asset management
0 Comments
In an effort to address concerns raised by pro-Bitcoin Senator Cynthia Lummis and Rep. French Hill, Tether, the company behind the largest stablecoin, has released two letters sent to the US Senate Committee on Banking, Housing, and Urban Affairs and House Financial Services Committee. These letters aim to shed light on the allegations regarding the
0 Comments
According to Sandy Kaul, the Head of Digital Asset & Investor Advisory Services at Franklin Templeton, developing countries are increasingly adopting Bitcoin (BTC) as a means to compete with larger economies on a “more equal playing field.” During a recent interview on the Coin Stories podcast, Kaul discussed the future of Bitcoin adoption, highlighting its
0 Comments
Critics who claim that inscriptions, particularly BRC-20 tokens, are a denial of service attack on regular Bitcoin transfers are misguided. On-chain analysis conducted by Glassnode suggests that the majority of Bitcoin block space is still dedicated to normal monetary transactions, with inscriptions simply occupying any remaining space. James Check, the lead Glassnode analyst, argues that
0 Comments
Approval phishing, a deceitful tactic targeting crypto users, has been gaining prominence in recent years. Originally, this scam method involved distributing fraudulent crypto apps to victims. However, romance fraudsters, also known as pig butchering scammers, have now adopted and integrated approval phishing into their strategies. Chainalysis, a blockchain analysis firm, has identified a deliberate form
0 Comments
Bitcoin’s recent price movement has been nothing short of a rollercoaster ride for investors. After a few days of trading below the $41,000 mark, the Bitcoin bulls have returned with a vengeance, pushing the asset north to and beyond $43,000. This sudden surge in price has brought relief to the crypto market, which had experienced
0 Comments
In recent discussions among crypto industry experts, Tether has emerged as a potential frontrunner to become the world’s dollar-pegged defacto central bank digital currency. This speculation was sparked by the endorsement of Cantor Fitzgerald CEO, Howard Lutnick. Lutnick publicly voiced his admiration for Tether, stating, “I’m a big fan of this stablecoin called Tether…I hold
0 Comments
Coinbase Global Inc. is taking bold steps to expand its services by introducing spot crypto trading on its international exchange. This move is part of a global expansion strategy to cater to users who may have reservations about U.S.-based platforms. The company aims to create a trusted non-U.S. spot exchange that offers a seamless and
0 Comments
Bitcoin, the leading cryptocurrency, is struggling to recover from the recent market decline. Despite briefly reaching $44,700, its highest price in over a year and a half, the digital asset has since retreated and is currently hovering around $41,000. Meanwhile, most altcoins have also experienced losses, with SOL dropping below $70 and AVAX plummeting to
0 Comments