Blockstream Opens New Funding Round For Its Second Bitcoin Mining Security Token
Today, Blockstream opens the series 3 round for its second Mining Note — the BMN2.The note will be available to eligible non-US investors and has been repriced from the series 1 and 2 rounds, which occurred on July 18. This round of the BMN2 is…
Polygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This community-driven upgrade, effective from September 4, 2024, transitions POL to be the native gas and staking token for…
Ether CME Futures Volume Shrinks as ETH ETFs Disappoint, Crypto Market Ducks Risk
The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ETH ETFs, according to CCData.
Ethereum’s Plunge Could Be Over: This Key Pattern Signals A Rally Back To $4,000
Much like Bitcoin, Ethereum has faced significant challenges in recent months, struggling to sustain any major price rally. After reaching a peak of over $4,000 in March, Ethereum has been consistently declining, failing to break out of this…
UAE to Boost Global South Growth Through BRICS Membership
The United Arab Emirates (UAE) is committed to supporting the economic development of the Global South through its membership in the BRICS group, according to Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance. The UAE aims to foster…
Bitcoin is well and truly stuck, the analysis concludes, but there are signs that a BTC price breakout from an increasingly “unstable” range is brewing.
Toncoin (TON) Must Reclaim $4.70 Support Or Face Potential 45% Drop, Analyst
Toncoin (TON), the native cryptocurrency of The Open Network blockchain, has experienced a challenging week, further compounded by a broader market downturn and the recent arrest of Telegram CEO Pavel Durov. Currently trading at $4.62, Toncoin is…
$170 Million In Crypto Longs Bite The Dust As Bitcoin Plunges Under $57,000
Data shows the crypto derivatives market has suffered a lot of liquidations in the past day as Bitcoin and others have plummeted. Bitcoin Has Declined More Than 3% In The Last 24 Hours Bitcoin has continued its recent bearish momentum in the past…
Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage
Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an experienced and regulated…
AAVE Whale Goes On $6.78 Million Buying Spree As Price Recovers 16%
AAVE, the native token of the crypto lending protocol with the same name, was among the top performers during August. The cryptocurrency showed strength throughout the retraces, displaying green numbers in most timeframes after recovering. Its…
Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals
Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly Popov supports regulatory efforts…
Crypto Market Stuck In A Rut? Here’s Why 2024 Bitcoin Breakout May Be Delayed
The crypto market has been struggling with prolonged sideways movement in recent months. Since March 2024, the market has failed to make a successful breakout above previous peaks, leaving investors frustrated. According to a recent report by…
WIF open interest jumps 16% as trader claims ‘nobody is ready’ for reversal
Dogwifhat’s open interest spiked as its price had been trading below $1.90 since Aug. 25, while a trader pointed out a potential reversal pattern was forming.
Bitcoin DeFi TVL will top Ethereum’s within 2 years: Core DAO contributor
Core DAO contributor Brendan Sedo says it’s a “no-brainer” that most of the $1 trillion dollars of capital in the Bitcoin ecosystem will make its way into sidechains and DeFi.
US Banking Regulator Calls for Stronger Oversight of Crypto Risks
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need…
BNB Price Struggles to Hold $500: Is a Breakout Coming?
BNB price is struggling to stay above the $500 support zone. The price could gain bearish momentum if there is a close below the $500 support. BNB price started a fresh decline from the $540 resistance zone. The price is now trading below $520 and…
Ethereum Slides But Flips Bitcoin In This Key Metric: Time To Load Up?
Ethereum is down nearly 35% from July highs and roughly 40% from 2024 peaks. While there is hope among holders that the coin will expand, breaking local resistance, the short-term trend favors sellers. From the daily chart, not only is ETH…
XRP Price Locked in Range-Bound Trading: Can It Escape Soon?
XRP price is attempting a recovery wave above the $0.5500 level. The price might struggle to clear the range resistance at $0.5720 and $0.5800. XRP price started a decent increase from the $0.5330 zone. The price is now trading below $0.5650 and…
Amid Criticism, Central Bank of Argentina Confirms Moving Gold Abroad
In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The institution faced criticism from some…
Monero (XMR) Unfazed By Market Jitters, Climbs 13% – Details
A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the…
South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices
South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure…
Ethereum Price Gains in Danger: Will the Decline Continue?
Ethereum price is attempting a recovery wave above $2,420. ETH must clear the $2,500 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,320 zone. The price is trading below $2,480 and the 100-hourly…
Robinhood reaches $3.9M settlement over blocked crypto withdrawals
Robinhood Crypto LLC has agreed to pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts between 2018 and 2022.
Bitcoin Price Bounce at Risk: Is the Recovery About to Fade?
Bitcoin price started a recovery wave from the $55,600 zone. BTC is now struggling to clear the $58,500 resistance and might decline again. Bitcoin is struggling to recover above the $58,500 zone. The price is trading below $58,200 and the 100…
Trump family’s DeFi project wants to ‘ensure US dollar dominance’
The project has teased a partnership and collaboration with DeFi protocol AAVE, possibly indicating World Liberty Financial will be built on the Ethereum blockchain.
FBI Warns of Sophisticated North Korean Cyber Attacks Targeting Crypto, Defi, ETFs
The FBI has issued a new warning about North Korea’s cyber campaigns targeting the cryptocurrency sector. The agency highlighted the use of sophisticated, hard-to-detect social engineering tactics to deploy malware and steal digital assets…
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