Bank of England, HM Treasury Respond to Digital Pound Consultation Amid Strong Public Interest
Amidst public interest, the Bank of England and HM Treasury have addressed key concerns regarding the digital pound, reassuring the public of stringent legislative measures for privacy and control, alongside the maintenance of traditional cash. HM…
ECB Staff Unhappy With Christine Lagarde’s Leadership, Survey Shows
A survey of European Central Bank (ECB) staff has revealed widespread dissatisfaction with President Christine Lagarde’s leadership. More than half of the respondents rated Lagarde’s performance as “very poor” or…
The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on spot ethereum exchange-traded funds (ETFs) proposed by Blackrock, the world’s largest asset manager, and Grayscale Investments. Grayscale is seeking to convert its…
Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH
Ethereum (ETH) is about witnessing a potential sell-off worth $1 billion. This significant transaction is rooted in actions by Celsius, a bankrupt crypto lender. Reports from on-chain analyst Lookonchain indicate that Celsius initiated the transfer…
Hedera (HBAR) Shines: Record-Breaking 164 Million Daily Transactions, Market Cap Reaches $2.9 Billion
Hedera (HBAR), the open-source Proof-of-Stake (PoS) blockchain network, has made significant strides in the fourth quarter (Q4) of 2023, according to a recent report by Messari. The network’s performance showcased notable growth in key…
Chinese Investors Are Turning to Crypto Amidst a National Stock Market Slump
Chinese investors are increasingly putting part of their portfolios in cryptocurrency due to the state of the national stock market. According to reports, investors are using exchanges like Binance or Okx, or Hong Kong local exchanges, to purchase…
Binance Smart Chain (BSC) Market Cap Hits New Milestone, Registering 48% QoQ Surge
Binance Smart Chain (BSC) has demonstrated notable growth in key metrics during the fourth quarter (Q4) of 2023, as highlighted in a comprehensive report by Messari. As the third-largest Layer-1 protocol by market capitalization, BSC experienced…
Bitcoin Crash Ahead: Expert Predicts Testing $20K Before Rebound
Bitcoin, the largest cryptocurrency in the market, experienced a price recovery on Friday; however, industry experts anticipate a further test of sub-$30,000 levels in the near term. The prolonged downtrend observed over the past fourteen days…
Worldcoin will change the design of the Orb, the device used for scanning the irises of users as proof of personhood for the project, to be more friendly and less polarizing. Alex Blania, CEO and co-founder of Tools For Humanity, the company behind…
Ethereum Foundation Reveals Finalized Dencun Upgrade Timeline
In a recent announcement by the Ethereum Foundation, the Ethereum blockchain network is set for a major enhancement through the introduction of Dencun. The foundation elaborated that Dencun is scheduled to launch on the Sepolia network at epoch…
Ripple CTO Explains How AMM Feature Will Enable XRP Holders To Earn Passive Income
The decentralized open-source blockchain, XRP Ledger, is set to introduce more innovative solutions to XRP holders through its new Automated Market Maker (AMM) feature. The XRP community is currently buzzing with excitement as the Chief Technology…
Wired claimed this week that decentralized autonomous organizations are gathering grounds for "dangerous groups." But the article misunderstands what DAOs actually do and what they are useful for, says Preston Byrne.
Trezor has confirmed a series of deceptive phishing emails targeting its users, coming just days after a security breach at their support portal. The company has issued an urgent security alert, advising users to be extra cautious. Trezor Alerts…
Analyst Predicts Bitcoin to Hit $250,000 Before Halving
In a post shared on X on January 26, crypto analyst BitQuant forecasts that Bitcoin (BTC) will recover from the current downtrend and surge past its all-time high of $69,000 to over $250,000 before the upcoming Bitcoin halving in April. Bitcoin To…
The cryptocurrency has dipped following the most bullish recent event in crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith.
Craig Wright Offers Settlement in Disputed Bitcoin Creator Case
Craig Wright, who claims to be the creator of Bitcoin, has presented a non-negotiable settlement, potentially ending the contentious legal battle over the true identity of Satoshi Nakamoto, Bitcoin’s pseudonymous founder. Bitcoin’s…
Could Bitcoin Ever Skyrocket To $10 Million? Possible, But Based On This Condition
Peter Schiff, a well-known critic of Bitcoin, recently engaged in a thought-provoking discussion about Bitcoin’s value relative to gold. Despite his longstanding skepticism, Schiff has presented a scenario where Bitcoin could reach roughly $10…
Amid Rising ‘National Divorce’ Talks, Exploring the Potential Impact on US Dollar in Hypothetical Second Civil War
In the wake of Texas Governor Greg Abbott’s latest declaration, emphasizing Texas’ inherent constitutional right to defend itself and pointing to the Biden administration’s lack of enforcement of federal immigration statutes, the…
The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under-management (AUM).
Prepare For Impact: US Government Will Dump $130 Million Worth Of Bitcoin
The US government has revealed its plans to offload a significant portion of its Bitcoin (BTC) holdings. This move has raised concerns in the crypto community, considering how much selling pressure this could add to what the crypto market is…
GBTC Outflows: Forecasting Total Bitcoin Selling Pressure & Market Impact
The following is a heuristic analysis of GBTC outflows and is not intended to be strictly mathematical, but instead to serve as a tool to help people understand the current state of GBTC selling from a high level, and to estimate the scale of…
9 Newly Launched Bitcoin ETFs Amass 132,170 BTC With Blackrock and Fidelity Commanding 70% of Total Holdings
At 10:30 a.m. Eastern Time (ET) on Friday, Grayscale’s GBTC reported a decrease of 10,871.56 bitcoin from its holdings compared to Thursday. In contrast, since its inception on Jan. 11, 2024, Blackrock’s IBIT has accumulated a total…
Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'
Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.
Bitcoin Capitulation: Holders Flee BTC As Post-ETF Disappointment Hits
On-chain data shows that Bitcoin investors have been clearing out their wallets recently as the asset continues to be disappointing in this post-ETF era. Bitcoin Small Wallets Have Been Displaying Signs Of Capitulation According to data from the…
US Government to Sell $116 Million in Bitcoin Seized From Darknet Dealer ‘Xanaxman’
The forfeiture division of the U.S. government has announced its plan to sell 2,933.64 bitcoin. These were confiscated from Ryan Farace, who faced charges in 2021 for laundering proceeds from drug trafficking. Farace, also known by his alias…
Algorand CEO’s X Account Hacked, Is Justin Sun Involved?
On Thursday night, Algorand CEO Staci Warden’s X Account (formerly known as Twitter) was compromised. Since then, the crypto community and the hacker have been having a back-and-forth conversation. Justin Sun Will Boost Algorand To “New…
Bitcoin ETFs: Reshaping Finance And Politics For The 2024 Elections
In the ever-evolving landscape of financial innovation, the recent approval of Bitcoin ETFs stands as a watershed moment, not just for digital asset enthusiasts, but for the broader financial markets and the political arena. As we edge closer to…
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