Blackrock Bitcoin ETF Filing Announcement Propelled BTC in Q2 — Study
According to the latest Coingecko report, during the second quarter (Q2) of 2023, the U.S. dollar value of BTC grew by nearly 7% while that of the entire crypto market capitalization only went up by 0.14%. In contrast, BTC’s average daily…
Turkish Court Sentences Founder of Defunct Crypto Exchange Thodex to More Than 7 Months in Prison
A Turkish court has sentenced Faruk Fatih Özer, the founder of the collapsed cryptocurrency exchange Thodex, to an effective seven months and 15 days in prison. During the trial, Özer denied being an executive of the crypto exchange when the…
Societe Generale Division Forge Receives Crypto Services License From AMF
French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows…
BitKeep (Bitget Wallet) Partners With the Solana Foundation to Drive Growth in Web3
PRESS RELEASE. BitKeep, a leading multi-chain wallet, has joined forces with the Solana Foundation in an exciting collaboration aimed at promoting the growth and evolution of the blockchain landscape. This strategic partnership combines…
Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says
The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis…
US Presidential Candidate Robert Kennedy Jr Unveils Plan to Back US Dollar With Bitcoin
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled two new reforms for bitcoin if he is elected president. He plans to back the U.S. dollar with the cryptocurrency and eliminate capital gains taxes on the conversion of bitcoin…
Former US President Donald Trump Warns of Economic Depression if He’s Not Elected
Former U.S. President Donald Trump has warned that the U.S. economy will face “more than a recession” if he is not elected president. Trump also made several other promises, including getting Russia’s President Vladimir Putin to…
US Securities Regulator Accepts Valkyrie’s Spot Bitcoin ETF Application
The U.S. Securities and Exchange Commission (SEC) has formally accepted the spot bitcoin ETF application filed by asset manager Valkyrie. The move, which opens the door to an official review process, follows last week’s acknowledgment of…
Unlike Father, Spencer Schiff Calls Depression Warning ‘Fearmongering,’ Predicts Hyperdeflationary Boom, Bitcoin Crash; Banks on AI Future
In response to a Zerohedge article titled “The Two Causes of the Coming Great Depression,” Spencer Schiff, son of gold advocate Peter Schiff, labeled the argument “pure fearmongering.” Spencer said he has distanced…
Nearly 80,000 Dormant Ether ICO Tokens Awaken in 2023, Including 61,216 ETH Transfer to Kraken
Based on onchain metrics, a dormant wallet containing 61,216 ether acquired during the initial coin offering (ICO) has recently transferred the cryptocurrency after lying idle for a span of eight years. The funds have reportedly been sent to the…
Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment
Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call…
B2BinPay Now Offers Branded Hardware Wallets Through Collaboration With Ledger
B2BinPay, a leading crypto-processing platform, has revealed a new partnership with Ledger, the global platform for digital assets. As a result of this collaboration, clients of B2BinPay will have the chance to acquire a limited-edition Ledger Nano…
Biggest Movers: SOL Snaps Losing Streak as XRP Climbs 5% Higher
Solana ended a three-day losing streak on Wednesday, as the token moved back above the $26.00 mark. The decline came following Friday’s move above $32.00, which took the price to an eight-month high. XRP has also rebounded today, and looks…
Alchemy Pay: Exploring the Development and Trends of the Emerging Crypto Payment Industry with High Demand
With traditional commercial institutions like Visa, Mastercard, Tesla, BNY Mellon, BlackRock, Gucci and countries such as El Salvador, Central African Republic constantly expanding in the cryptocurrency field, more and more investors are starting…
SEC’s Classification of So-Called Crypto Securities Amounts to $98 Billion in Combined Value
Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The…
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000, Following Latest US Retail Sales Report
Bitcoin slipped below the $30,000 mark on Wednesday, as markets continued to react to the latest U.S. retail sales report. Sales rose by 0.2% last month, which is more than the 0.5% sum many had forecasted. Ethereum has remained resilient, climbing…
Nigeria Declares Food Emergency After Sixth Consecutive Increase in Inflation Rate
The Nigerian government declared a food price emergency after the latest data from the National Bureau of Statistics (NBS) showed that the country’s inflation rate had gone up by 0.38% to 22.79%. The NBS said the June inflation figure does…
Ripple Expects Business to Pick Up in the US After Landmark Ruling
Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face. Stuart…
BRICS Leaders to Talk Expansion at August Summit, Host Confirms
The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to…
Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain…
Economist Sounds Alarm on US Dollar Losing Reserve Currency Status
An economist with the Heritage Foundation has warned about the potential calamity of the U.S. dollar losing its reserve currency status. He stressed that “The Biden administration has taken so many actions to dethrone King Dollar that it would be…
US Lawmakers Call on SEC to Stop Regulatory Assault on Crypto Following XRP Ruling
U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the crypto industry following the landmark ruling on the SEC v. Ripple case regarding XRP. “The SEC has chosen to communicate…
SEC Chair Advocates Increased AI Use for Market Surveillance and Enforcement
U.S. Securities and Exchange Commission Chairman Gary Gensler says the SEC could benefit from making greater use of artificial intelligence (AI) in several areas, including enforcement and market surveillance. However, he also raised a number of…
Wallex․US Launches New Non-Custodial Crypto and DeFi Wallet App
Fintech company Wallex.US has launched a new non-custodial crypto and defi wallet app. The app offers a secure and encrypted way to store, send, and receive more than 150 cryptocurrencies. It also provides real-time chart monitoring and analysis…
Binance Integrates Lightning Network Deposits and Withdrawals
Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network…
Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders
Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT)…
Crypto Turmoil: Market Slump, Heavy Liquidations, and Unexpected Gainers
In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday…
Binance Blockchain Week Brings the Best of Web3 to Istanbul
ISTANBUL – July 18th, 2023 – Binance is excited to announce that its flagship Binance Blockchain Week conference is coming to Istanbul, Turkey on November 8 and 9, 2023. Binance Blockchain Week brings innovative leaders and conversations together…
Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving
In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as…
Polygon Labs Unveils ‘Hyperproductive’ Token POL, Poised to Replace MATIC and Boost Ecosystem Rewards
Polygon Labs, the team behind the Polygon blockchain network, has introduced a third-generation token that could replace the native cryptocurrency, MATIC, with a “hyperproductive” digital currency named POL. If the POL concept gains…
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