Number of crypto ATMs installed nears its all-time record
The net 2,564 cryptocurrency ATMs installed so far in 2024 is on track to outpace the net 2,861 machines that were unplugged in 2023.
Posts published on June 29, 2024 go to media archive 1/2
Bitcoin Tops Michael Dell’s Poll on X, Outshining AI and Love With Over 64,000 Votes
Dell CEO Michael Dell recently conducted a poll asking people to identify the most important factor among artificial intelligence (AI), love and relationships, and the crypto asset network Bitcoin. The poll concluded with Bitcoin receiving a…
Uplink CEO: Depins Enable Companies to ‘Bootstrap the Deployment Stage’
Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations with limited internet connectivity, all without requiring telecom companies to invest billions of dollars in…
Runes TXs on Bitcoin have tanked over 88% this month
Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the last six straight days — an enormous drop from its record 884 Bitcoin on April 24.
Unlocking Value: Fair Price Discovery, the Role of Market Makers
Getting a token from inception to market is no mean feat and more often takes years of planning and commitment. Achieving fair price discovery and stability requires just as much commitment and energy. Generally speaking, market makers categorize…
Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady…
The Definitive Guide to Tapioca DAO: Part One
This piece is a guest post by Emiri, published originally on Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. Blocmates is especially adept at…
Crypto Exchange Binance Takes Action Against Account Misuse
Cryptocurrency exchange Binance has announced measures to address the misuse of account features on its platform, aimed at preventing unfair advantages such as better fee rates. Enhanced monitoring, investigations, and user reporting channels are…
Robert Kiyosaki Cautions Against Bitcoin ETFs — Prefers Owning ‘Real Bitcoin’
Rich Dad Poor Dad author Robert Kiyosaki has cautioned against investing in bitcoin exchange-traded funds (ETFs). He prefers investing in actual bitcoin, calling bitcoin ETFs fake bitcoin. He recently revealed that he buys bitcoin every month and…
Avalanche Gains Momentum As AVAX Sets Sights On $30.34 Resistance
Avalanche (AVAX) has recently shown a strong correctional upswing, sparking renewed interest among investors and traders. This upward momentum comes after a rejection at $23.49 and indicates a potential challenge to the $30.34 resistance level. As…
Court Dismisses SEC Claim on Secondary Sales of BNB
The U.S. District Court for the District of Columbia has dismissed several claims in the U.S. Securities and Exchange Commission (SEC)’s case against Binance and its affiliates. This includes allegations related to secondary BNB sales and…
Meme coins have an important role to play in crypto
Meme coins have stolen the spotlight this Bitcoin halving cycle, and they've offered unparalleled opportunity to at least some participants.
XRP Dominance: Pundit Says Missing This Altcoin Could Be A Big Mistake
A crypto pundit has declared that missing out on XRP, the native token of the XRP Ledger (XRPL) could potentially become the biggest mistake an individual can make. The analyst has expressed bullish sentiment on its dominance and future outlook…
SEC Asks Court to Quash Coinbase Subpoena in Legal Clash Over Crypto Regulations
The U.S. Securities and Exchange Commission (SEC) has asked the court to quash a subpoena issued by crypto exchange Coinbase that demands documents related to the crypto markets and personal communications of SEC Chair Gary Gensler. The SEC argues…
Vitalik Buterin says crypto regulations have created ‘anarcho-tyranny’
The Ethereum co-founder says we’d all be better off with either anarchy or tyranny but not both.
Spot Ether ETF Approval Expected to Enhance Crypto Asset’s Legitimacy and Utility, Says Hedera Council President
While lobbying is likely to play an important role in shaping crypto policy, just as it has done in the early days of most industries, Charles Adkins, President of the Hedera Council, believes showcasing the tangible benefits of blockchain…
VanEck files for Solana ETF, Ether supply inflates, and more: Hodler’s Digest, June 23-29
VanEck seeks approval for Solana ETF, ETH supply rises 73 days in a row, and Satoshi-era wallet moves Bitcoin.
Firm Behind Pudgy Penguin NFTs Acquires Frame to Build Abstractchain for Consumer Crypto
Igloo Inc., the team behind the Pudgy Penguins non-fungible tokens (NFTs) has announced the acquisition of Frame, aiming to enhance the consumer crypto experience by developing Abstractchain. This move is expected to address limitations in current…
SEC Serves Fresh Lawsuit To Metamask Developer Consensys – What’s The Problem This Time?
The US Securities and Exchange Commission (SEC) has instituted a lawsuit against Metamask developer, Consensys. The Commission alleges that the crypto firm violated securities laws by acting as an unregistered securities broker. SEC Accuses…
Supreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry
The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards greater regulatory clarity and judicial…
Blackrock’s IBIT Leads as Spot Bitcoin ETFs See $73M in Daily Net Inflow
Spot bitcoin exchange-traded funds (ETFs) trading in the United States experienced their fourth straight day of net inflows on Friday. Data from sosovalue.xyz shows $73.05 million was added during the trading sessions, with Blackrock’s IBIT…
Meta’s prototype ‘full holographic’ glasses could be a game changer for Web3
The new holographic display could give NFTs the Pokemon Go treatment.
XRP Year-Long Curse Broken? Analyst Bullish On Crypto’s 240% Rally
The cryptocurrency market has been a rollercoaster ride in 2024, with many tokens experiencing significant losses. However, amidst the chaos, XRP, the native token of Ripple, has stood out as a beacon of stability. While not immune to the overall…
Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall
With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per…
Several Sleeping Bitcoin Wallets Reactivate After Years of Inactivity
According to data, several longtime holders have recently reactivated wallets containing hundreds of bitcoins for the first time in years. One inactive address, created on April 1, 2013, transferred 126.65 BTC valued at $7.63 million, marking its…
Crypto Analyst Says Ethereum Competitor Fantom (FTM) Could Jump To $1.2
Crypto analyst Altcoin Sherpa has provided a bullish narrative for Fantom (FTM), suggesting that the crypto token could soon make a significant rally to the upside. The analyst also hinted at how Fantom could rise when this happens. Fantom Could…
Consensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask
Consensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends the SEC’s actions are…
Sealana Sets July 2 Date for Airdrop, Last Chance to Invest Before DEX Launch
The crypto community is buzzing as Sealana (SEAL) prepares for its July 2 airdrop and DEX listing. With the presale entering its final days, investors are scrambling for a last-minute chance to buy SEAL tokens before they hit the open market…
Ledn Co-Founder Mauricio Di Bartolomeo States Crypto Will Be a Determinant Factor on Latam Elections: ‘People Want Bitcoin’
Mauricio Di Bartolomeo, co-founder and CSO of Ledn, a Canada-based bitcoin lending platform, stated that Latam citizens are shifting to elect governments supporting bitcoin as a better money alternative. In an interview with Bitcoin News, Di…
SEC’s Case Against Binance Moves Forward With Major Allegations Intact
The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregistered crypto sales and…