US lawmakers allege CCP connection in calling for SEC, DOJ investigation of Prometheum
Republican members of Congress stepped up their allegations of Prometheum’s ties to the Chinese Community Party, claiming potentially false or misleading statements to the SEC.
Matrixport’s Year-End 2024 Prediction: Bitcoin to Reach $125,000 as Strong Performance Fuels Bullish Sentiment
While bitcoin has shown strong performance in the first half of 2023, Markus Thielen, the head of research at crypto firm Matrixport, released a prediction on July 5, 2023, stating that bitcoin (BTC) will reach $125,000 by the end of 2024…
PancakeSwap And Google Cloud Join Forces: Altcoin Price Rises
PancakeSwap (CAKE), a decentralized trading platform, has partnered with Google Cloud to ensure the availability and reliability of its infrastructure. As the demand for decentralized finance (DeFi) grows, PancakeSwap aims to offer users a…
Connext founder proposes 'Sovereign Bridged Token' standard after Multichain incident
EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks.
Analyst: Expect Altcoin Season After Bitcoin Halves In 2024
A crypto analyst on Twitter expects altcoin prices to be muted in the second half of 2023. Data indicate that the fate of altcoins and the possibility of an “alt season” is highly dependent on the performance of Bitcoin. Being the…
Coinfinity, an Austrian bitcoin broker, has recently integrated the Lightning Network into its services, allowing customers to make bitcoin purchases with reduced transaction fees and quicker processing times.Thomas Burgstaller, Chief Growth…
Pouch.ph Launches Quick And Affordable Money Transfers From The Philippines To U.S. Banks
Pouch has unveiled its latest app feature, “Send Globally,” aimed at simplifying money transfers from the Philippines to U.S. banks. The feature allows Pouch customers, including expats residing in the Philippines, to send Philippine pesos that…
Binance US Arbitrage: Social Media Users Say BTC Discount Not Indication of an Opportunity
For several days since Binance US announced the resumption of withdrawals, bitcoin (BTC) has changed hands at a discount and was trading at more than $2,500 below the prevailing market price on July 10. The emergence of a discount on crypto assets…
Bitcoin Sharks And Whales Go On $2.15 Billion Buying Spree, Is It Time To Sell?
Bitcoin has seen both highs and lows over the past month as various developments in the space put the digital asset’s price into a pull-and-push trend. However, investors have remained undeterred by the cryptocurrency’s movements and have rather…
Grayscale lawyers refer to SEC allowing Volatility Shares' investment vehicle in push for ETF
According to Grayscale, the Volatility Shares ETF was an “even riskier" product than Bitcoin futures ETFs, suggesting the SEC should allow its spot crypto ETF to begin trading.
Bitcoin NVT Golden Cross Says BTC Is Overpriced, Decline Soon?
On-chain data shows the Bitcoin NVT Golden Cross has neared the overvalued zone recently, a sign that a drawdown could be coming. Related Reading: XRP FUD Spikes, Will This Trigger A Price Reversal? Bitcoin NVT Golden Cross Is Near…
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet.
Luxor Technologies Expands Bitcoin Mining Derivatives With 6-Month Contracts And Daily Settlement Rates
Luxor Technologies, a Bitcoin mining software and services company, has announced the expansion of its Bitcoin mining derivatives contracts. According to a press release sent to Bitcoin Magazine, the new offering from Luxor's Derivatives Desk…
U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured…
Biggest Movers: BNB Rebounds on Monday as SOL Slips Following Recent Gains
Binance coin was one of Monday’s biggest gainers, as the token rebounded following a move close to a key support point on Sunday. The move pushed the price near a one-week high, and came as the global crypto market cap fell 0.07% lower as of…
US Presidential Candidate Robert F. Kennedy Jr Called Out For Lying About Bitcoin Investment
Robert F. Kennedy Jr., a candidate for the Democratic presidential nomination, has come forward to clarify that he does, in fact, hold a sizeable quantity of Bitcoin, despite his earlier denial of having a Bitcoin investment during a conference in…
Starbucks Teams Up With Micah Johnson's Aku NFT Project
The latest Starbucks Odyssey Journey launch will feature a Stamp "designed by Aku" and include a $100,000 donation to Blessings in a Backpack, a non-profit tackling food insecurity among children.
CoinDesk Market Index Q2 Review: Quiet Appreciation, Regulatory Uncertainty
On the positive side, the SEC started approving crypto ETF products, buoying markets for bitcoin and ether. On the other: major crypto exchanges were sued by regulators, increasing regulatory uncertainty around the sector.
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