SOL Price Recovery Could Soon Fade If Solana Fails To Clear This Hurdle
Solana is attempting a recovery wave from the $80 zone. SOL price could struggle to clear the $92 and $94 resistance levels in the near term. SOL price started a fresh decline from the $104 resistance against the US Dollar. The price is now trading…
FINRA Claims Widespread Violations in Majority of Crypto Asset Communications
Following an examination launched in November 2022, FINRA claims widespread potential violations in the way member firms communicate about crypto assets. FINRA Report Alleges Misinformation in Crypto Asset Marketing In a report released on Jan. 23…
Ethereum Price is Primed For a Correction And Only 1 Thing is Holding it Back
Ethereum price is attempting an upside correction from the $2,150 support. ETH could gain pace if it clears the $2,240 resistance zone. Ethereum started an upside correction from the $2,165 zone. The price is trading below $2,240 and the 100-hourly…
Solana Unleashes Token Extensions to Enhance SPL Token Standard
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed…
Bitcoin Price At Make-Or-Break Moment, Key Levels To Watch
Bitcoin price started an upside correction from the $38,500 support zone. BTC could gain bullish momentum if it clears the $40,500 resistance zone. Bitcoin price is attempting a recovery wave from the $38,500 support zone. The price is trading…
Bitcoin ETF Day 8 Update: Market Rebound Signals Bottom As Grayscale Selling Slows Down
Since the approval of Bitcoin ETF applications by the US Securities and Exchange Commission (SEC) on January 11, followed by the commencement of trading a day later, the ETF race has witnessed impressive trading volumes on each trading day. As the…
The Internal Revenue Service (IRS) has revised the question about digital assets included on income tax forms. Moreover, the tax authority has added the question to four additional tax forms. “The question must be answered by all taxpayers…
Lido DAO Rebukes LayerZero by Endorsing Rivals Wormhole, Axelar for Crypto Bridge
LayerZero launched a Lido stETH bridge last October without asking for Lido DAO's permission. The community responded this week by endorsing a pair of its biggest competitors.
Ethereum Is The Biggest Winner In Post-ETF Approval Market: Glassnode
While Bitcoin has struggled since the much-anticipated spot ETFs have gone live, Ethereum has emerged as a winner in the sector. Ethereum Has Done Better Against Both Bitcoin And Altcoins Recently In its latest weekly report, the on-chain analytics…
Bitwise Leads the Way as First US Bitcoin ETF to Publicly Disclose Wallet Address
On Wednesday, Jan. 24, 2024, Bitwise, a leading digital asset manager, made a groundbreaking announcement as the first U.S. spot bitcoin exchange-traded fund (ETF) to reveal its bitcoin wallet address. Emphasizing its commitment to transparency…
Solana Unveils Token Extensions As SOL Bounces Back, Surging 5%
The Solana Foundation, a non-profit organization dedicated to decentralization, adoption, and security on the Solana network, has launched token extensions. Solana Token Extensions Gains Traction According to a January 24 announcement, token…
Crypto Wallets Drained Off $600K Due To Ignored Phishing Attack
On January 23, Wallet Connect and other web3 companies informed their users about a phishing scam using official web3 companies’ email addresses to steal funds from thousands of crypto wallets. A Massive Phishing Campaign Wallet Connect took…
Okx Exchange Announces Plans to Compensate Users After OKB Token Flash Crash
Following a sudden plunge in the value of its native token OKB, which fell over 50% in a matter of minutes, Okx exchange has committed to developing a compensation plan for users caught in the resultant wave of automatic liquidations. Okx Exchange…
The Digital Pound Consultation Will Drop Thursday, U.K. Official Says
There's a number of issues around privacy, financial inclusion, whether there's limits, monetary policy and interest, James Bowler, Permanent Secretary of the Treasury said.
Bitcoin Fear & Greed Index Reaches Lowest Level In Three Months, Is The Bleed Over?
Amid the current market turmoil, the Bitcoin Fear & Greed Index has continued on a sharp decline. This decline has seen the index fall to its lowest level in over three months as crypto investors become more fearful and hold their investments…
Bitwise Becomes First Spot Bitcoin ETF Provider to Provide Wallet Address
Crypto asset manager Bitwise on Wednesday became the first of the ten spot bitcoin exchange-traded fund (ETF) issuers to share its digital wallet address with the public.
Bitfarms Expands Mining Operations With New 100 MW Facility in Paraguay, Aiming for 21 EH/s Capacity by Year End
On Wednesday, Bitfarms, a bitcoin mining enterprise listed on the U.S. stock market, revealed the successful acquisition of a new site in Yguazu, Paraguay, earmarked for a 100 megawatt (MW) mining facility. This development is part of…
The ongoing saga of the Mt. Gox exchange casts a shadow over the Bitcoin community, even years after its dramatic collapse. Recent developments have stirred the pot again, with Mt. Gox reaching out to former users to confirm ownership of accounts…
Earlier this week, a federal judge asked attorneys with the U.S. Securities and Exchange Commission why – "big picture" – there wasn't any sort of uniting regulation addressing crypto.
FTX Unloads $1 Billion GBTC Shares; Will The Bitcoin Rally Be “Vicious”?
Fred Krueger, an investor and crypto analyst, is predicting a “vicious” Bitcoin (BTC) rally shortly. He cites the recent unprecedented accumulation of the coin by Wall Street heavyweights. This surge in institutional interest coincides with the…
Polygon Plans 'AggLayer,' in Bid to Synthesize Modular, Monolithic Blockchains
The new "AggLayer," set for launch next month, relies on zero-knowledge proofs, a type of cryptography that Polygon Labs is betting on as a core underpinning of future blockchain architecture.
The Protocol: Ethereum Developers Warn on 'Diversity Problem'
In this week's issue, a focus on Ethereum's "diversity problem," the week's biggest blockchain project upgrades and highlights from Electric Capital's annual report on developer activity. PLUS: We've got an exclusive interview with a top architect…
GBTC Sees Over 80,000 Bitcoin Leave in 12 Days While Rival ETFs Amass 118,000 BTC
Statistics reveal that Grayscale’s Bitcoin Trust (GBTC) has offloaded a further quantity of bitcoin, with the fund’s holdings decreasing from Tuesday’s 552,681.22 bitcoin to Wednesday’s total of 536,694.93 bitcoin. Over…
Dr Craig Wright Offers Settlement To COPA in Legal Confrontations Over Bitcoin
Today, Dr Craig S Wright, who claims to be Satoshi Nakamoto despite providing no concrete evidence, has issued a settlement offer to members of the Crypto Open Patent Alliance (COPA) and all other parties involved. The letter, published on Wright's…
Bitcoin Repayments: Mt Gox Starts Verifying Addresses For 200,000 BTC In Payouts
Defunct Japanese-based cryptocurrency exchange, Mt. Gox has taken the next steps toward its Bitcoin distribution process to customers who were previously affected by its 2014 hack attack. The crypto exchange has delivered mass emails to account…
Hashkey Capital and FTSE Russell Launch Trio of Indices to Track Diverse Crypto Assets
Digital asset investment company Hashkey Capital has collaborated with the London Stock Exchange Group (LSEG) subsidiary FTSE Russell to unveil three indices for tracking cryptocurrencies. These indices enable investors and traders to keep an eye…
Why Tornado Cash Remains the Most Pivotal Legal Case in Crypto
Edward Snowden has backed a legal defense campaign for Roman Storm and Alexey Pertsev, coders behind the mixing service. They deserve the support of the crypto community, which has fundamental rights at stake in the case.
Bitwise Becomes First U.S. Spot Bitcoin ETF to Disclose BTC Holding Addresses
Bitwise, a leading cryptocurrency asset management firm, has set a new precedent by becoming the first U.S. spot Bitcoin exchange-traded fund (ETF) to publicly disclose its Bitcoin address holdings."Now anyone can verify BITB's holdings and flows…
Shiba Inu Team Teases ‘Next Big Thing’ As ‘Big Money’ Eyes SHIB
Shiba Inu marketing lead Lucie has ignited the community’s excitement with a teaser about the project’s future. On X, the platform that has taken the place of Twitter, Lucie dropped a tantalizing hint about what’s to come for the…
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