Mt. Gox Stirs Market with 500 Bitcoin Transfer to Unknown Wallets—What’s Next for BTC?
Mt. Gox, which was once the largest cryptocurrency exchange globally before its shutdown in 2014, recently transferred 500 Bitcoin (worth roughly over $34 million) to two unidentified wallets. This transaction, conducted early Friday, marked the…
Crypto volatility may spike if US election is ‘too close to call’ —FalconX
An analyst warns that “volatility” could emerge if the US election results are close, but traders will be relieved once it's over, giving the market “firmer ground.”
Bitfarms, Stronghold Digital Mining to Deploy 10,000 Miners in Pennsylvania
Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a…
CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin
On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). Total Tether Assets Reach…
Thailand Arrests Police Officers Accused of Staging Fake Interrogation to Extort 165,000 USDT
Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one…
SafePal launches Telegram crypto wallet with Visa card support
SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.
Immutable Hit With Wells Notice as SEC Extends ‘Overreach’ to Web3 Gaming
Web3 gaming company Immutable faces a potential lawsuit from the SEC over its IMX token sale. Regulation by Enforcement Web3 gaming company Immutable announced on Nov. 1 that it had been issued a Wells notice by the U.S. Securities and Exchange…
SUI Eyes Potential Breakout Amid Market Retrace, Is $2.3 Next?
After recovering from the market retrace, SUI is trying to reclaim the $2 mark and break out from a bullish pattern. Some market watchers suggested the cryptocurrency will pull some “big moves” toward a new all-time high (ATH). SUI Recovers From…
Coinbase finds over '20 examples' of FDIC telling banks to avoid crypto
Coinbase's chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American companies.”
FBI-Created Token Hits Its Mark: Landmark Guilty Plea Shatters Crypto Fraud Ring
The FBI’s fake cryptocurrency token unraveled a landmark market manipulation case, leading a founder to plead guilty to running automated wash trades across exchanges. In FBI-Created Token’s Trap, Crypto Mogul’s Empire Collapses The U.S. Department
Bitcoin Price Correction Triggers $296 Million In Liquidations – Can BTC Still Hit ATH?
Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737…
750 US Convenience Stores Embrace Crypto: Sheetz Brings Digital Currency Payments to Mainstream
Convenience store chain Sheetz now accepts crypto payments at all its locations — over 750 stores across multiple U.S. states — allowing customers to pay with cryptocurrencies and earn rewards. Sheetz Customers Gain a New Way to Pay — And Get…
Polkadot Treasury Reserves at All-Time Low And DOT Bears Aren’t Helping
Polkadot is among the top blockchains, securing a spot in the top 20. Even though the platform promotes blockchain interoperability, a feature needed in the age of increasing fragmentation, DOT prices have failed to inspire bulls. This state of…
9,500 Coinstar Kiosks Bring Crypto Closer to Millions of Americans
9,500 kiosks now offer cash-to-crypto access as Coinstar expands with a new digital wallet, driving affordable remittances and financial inclusion nationwide. Coinstar’s 9,500 Kiosk Rollout Redefines Financial Access With New Digital Wallet…
Crypto rewards received before an account freeze are taxable in the year they’re received, even if holders can’t access their funds later, the IRS says. IRS Clarifies Tax Rules for Digital Assets in Locked Accounts The Internal Revenue Service…
Tracking Bitcoin’s Profit Cycles: Could A New Market High Be Near?
Bitcoin price has seen many cycles over the years, marked by distinct growth phases, peaks, and corrections. To better understand these cycles, a CryptoQuant analyst, using the pseudonym ‘datascope,’ has highlighted the relevance of the UTXO Block…
Unprecedented Bitcoin Rally Looms With Crypto Market Poised for Record Highs
Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory…
Bitcoin Breaks $73,000, Yet Google Searches Stay Stagnant—Is Hype Fading?
Reports showed that Bitcoin price slightly dipped in the last 24 hours but continues to hang on the $69,000 level after breaching over $73,000 several days ago. Despite the impressive BTC price hike, interest in the cryptocurrency is not picking up…
Urgent Plea to Trump and Harris: Create Welcoming Crypto Policy to Keep US on Top
The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership. Urgent Crypto Reform Needed: Trump and Harris Face a High-Stakes Decision The CEO of…
Dogecoin Bollinger Bands Squeezes Tighter Than It Was Before 2021 Rally, What This Means
Dogecoin has had quite an eventful few days in terms of price action, trading volume, trading activity, and interest among investors. Dogecoin led the entire market in inflows, outperforming even Bitcoin in the past week. This momentum has…
Coinbase Is Embarrassing Itself By Not Buying Bitcoin
Really, at this point, Coinbase is just embarrassing itself by not buying Bitcoin and doing silly buybacks. Coinbase just had a bad quarter. After reporting disappointing Q3 earnings, its stock plunged over 10%. To instill confidence, Coinbase…
Republican Sweep? What Prediction Markets Are Forecasting for Election Day
With just four days left until the U.S. 2024 election, the latest prediction market data paints a shifting landscape: former President Donald Trump’s odds have taken a downturn, while Vice President Kamala Harris is enjoying an upswing in her…
How To Trade Bitcoin During The US Election, Expert Reveals
As the United States approaches its presidential election on Tuesday, November 5, 2024, the Bitcoin market is bracing for significant volatility. In the lead-up to the election, Bitcoin surged to a high of $73,620 on Tuesday, likely reflecting…
Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners
Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm. A New Deal Between Canaan and Cleanspark According to the announcement, the bitcoin miners…
Crypto Biz: Crypto industry faces fresh round of layoffs
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders.
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