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XRP Ledger (XRPL) Token Market Cap Surged 47% In Q4 To $169M: What Caused The Surge?
[Feb 9, 2024 6:00 PM] A recent report by Messari sheds light on the state of the XRP Ledger (XRPL) and its notable performance during the fourth quarter (Q4) of 2023. The report highlights significant milestones, including its native token market capitalization…
Polygon Unveils ‘Type-1’ Prover Upgrade, Promising to Transform EVM Chains With Zero-Knowledge Proofs
Dragon Year Awakening — Bitcoin Proponents Eye Bull Market Surge Amidst Zodiac Predictions
[Feb 9, 2024 1:00 PM] As we usher in the Year of the Dragon this coming weekend on Feb. 10, 2024, per the Chinese zodiac, a significant swath of cryptocurrency enthusiasts are optimistic that bitcoin is on the cusp of a substantial bull market. This optimism is rooted…
Bitcoin ETF Reserves Rise: Over 200,000 BTC Worth $9.56 Billion Gathered Since January Debut
[Feb 9, 2024 11:00 AM] At 10:00 a.m. EDT on Feb. 9, 2024, the nine recently launched spot bitcoin exchange-traded funds (ETFs) collectively possess 202,868.61 bitcoin, valued at $9.56 billion according to current exchange rates. New ETFs Command Over 200,000 Bitcoin In…
NBA Faces Class Action Lawsuit Over Voyager Digital Promotion
[Feb 9, 2024 9:00 AM] A class action lawsuit has been filed against the National Basketball Association (NBA), accusing the league of gross negligence through its marketing agreements with the now-bankrupt crypto exchange Voyager Digital Holdings, leading to investor…
Bitcoin Technical Analysis: BTC Bulls Charge Ahead Rising Above $47K
[Feb 9, 2024 7:01 AM] In a remarkable display of strength, bitcoin surged to a high of $47,526 on Feb. 9, 2024, marking a significant uptrend in its price. With a market capitalization of $921 billion and a 24-hour trade volume of $32.56 billion, the market sentiment is…
Kenya Advances Toward Digital Asset Hub Ambition With Virtual Assets Bill – Kenya Blockchain Association
[Feb 9, 2024 4:30 AM] The Blockchain Association of Kenya (BAK) is reportedly on the verge of launching a community-led draft bill, a significant stride towards its objective of transforming Kenya into a hub for digital assets. BAK has expressed its intention to…
Solana TVL Nears $2 Billion – Will SOL Cruise To $120 Before Valentine’s?
[Feb 9, 2024 4:00 AM] Solana, the high-speed blockchain platform, is back in the green after a rollercoaster week. Its native token, SOL, triumphantly hit the $105 mark today, defying naysayers and sparking renewed optimism. But is this just a fleeting bounce, or the…
This Small Cap Memecoin Can ‘Rival Dogecoin And Shiba Inu’: Crypto CEO
[Feb 9, 2024 3:00 AM] Andrew Kang, co-founder of Mechanism Capital, has recently stirred the crypto community with his announcement on X (formerly Twitter) about the firm’s strategic shift towards a highly specific and potentially volatile segment of the crypto…
Ark Invest and 21shares Amend Spot Ether ETF Filing, Now More Aligned With SEC Preferences
[Feb 9, 2024 2:30 AM] In a move to possibly align more with the SEC regulatory framework, Ark Invest and 21shares have amended their filing for a spot ether ETF, introducing a cash creation and redemption mechanism that mirrors the SEC’s recent approval criteria…
Cardano (ADA): Green Shoots Emerge – Is A 30% Price Growth Next?
[Feb 9, 2024 2:00 AM] Cardano (ADA), the eighth largest cryptocurrency by market capitalization, is experiencing a surge of excitement among investors. A 10% price increase within the past 24 hours has fuelled optimism, further amplified by crypto analyst Ali…
Thailand Abolishes Value-Added Tax Previously Applicable on Digital Asset Trades
[Feb 9, 2024 1:30 AM] The Thailand Finance Ministry has announced the removal of the previously applicable value-added tax on digital asset trading. This exemption, which took effect on Jan. 1, 2024, extends to regulated brokers, dealers, and authorized cryptocurrency…
Tradestation Settles With SEC and State Regulators for $3 Million
[Feb 9, 2024 12:30 AM] Tradestation has reached a settlement with the Securities and Exchange Commission (SEC) and state regulatory bodies, agreeing to pay $3 million in fines for offering an unregistered crypto asset lending product to U.S. investors, a move that…
Boom! Bitcoin Barrels Past $46,000, Eyes $50K As Bullish Sentiment Returns
[Feb 9, 2024 12:00 AM] For the first time since the spot ETFs’ debut trade on January 11, Bitcoin (BTC) has surpassed $46,000. According to data from Coingecko, BTC had increased 3.4% in the previous day to $46,075 at the time of publication, maintaining a 6%…
US Treasury Cites Rising Cryptocurrency Misuse in 2024 National Risk Assessments
[Feb 8, 2024 11:30 PM] In its 2024 National Risk Assessments, the U.S. Department of the Treasury has unveiled the concerning trend of criminals increasingly turning to cryptocurrencies to finance illegal activities. US Treasury Reports Identify Crypto’s Role in Illicit…
Former Bitmex Chief Foresees Bitcoin Rising to $1 Million Amid Banking Bailout and Money Printing Surge
[Feb 8, 2024 9:30 PM] Arthur Hayes, former CEO of crypto exchange Bitmex, has predicted a remarkable surge in the price of bitcoin, envisioning it reaching $1 million amidst anticipated banking bailout measures and significant money printing by the Federal Reserve…
Robert Kiyosaki’s Stark Warning: World Economic Crash on Horizon, No Soft Landing Expected
UN Accuses North Korea Of $3B Crypto Theft To Fund Nuclear Weapons Program
[Feb 8, 2024 8:00 PM] In a recently reviewed unpublished report by Reuters, United Nations (UN) sanctions monitors have alleged that North Korea engaged in a massive theft of crypto assets, raking in $3 billion through cyberattacks. Nuclear Upgrades And Crypto…
Bitcoin Price Predicted to Exceed $77,000 This Year: Finder Panel
[Feb 8, 2024 7:30 PM] A panel of experts surveyed by comparison platform Finder has predicted that the price of bitcoin will climb above $77,000 by the end of 2024. Moreover, the majority of the experts believe it’s a good time to buy the cryptocurrency at the…
Tecpetrol Raises Crude Oil Production Fivefold With Crypto Mining In Argentina
[Feb 8, 2024 6:30 PM] Tecpetrol, an Argentina-based oil and gas company, has reported the benefits of including crypto mining operations in its oil explorative activities. According to Tecpetrol CEO Ricardo Markous, including on-site vented gas generators to mine…
Prometheum’s Ethereum Custodial Launch Puts SEC’s ETH Classification In The Spotlight
Bitcoin’s Hashrate Hits Record 609 EH/s, Powering Through to New Peaks Amid Price Surge
[Feb 8, 2024 4:30 PM] Bitcoin’s computational power soared to unprecedented heights this week, climbing to 609 exahash per second (EH/s) on Thursday, as per the seven-day simple moving average (SMA). Over the last year, figures reveal a staggering increase in…
Vaneck Exec States Solana Outage Might Have Been Manually Triggered
[Feb 8, 2024 2:30 PM] Matthew Sigel, head of digital assets research at Vaneck, revealed that there is speculation around the cause of the latest Solana outage, which stopped its blockchain by five hours. Sigel explained that the bug that created this service…
Bitcoin Price Soars, Smashing Through $45,000 On The Back Of Two Key Factors
[Feb 8, 2024 1:30 PM] In the past 14 days, the Bitcoin price has displayed a significant uptrend of 14.5%, signaling a resurgence in bullish sentiment. This rally comes as Bitcoin spot exchange-traded funds (ETFs) have been trading for nearly a month, with the market…
Blockchain Advocacy Groups Slam EIA’s ‘Politically Motivated’ Inquiry Into US Crypto Mining
[Feb 8, 2024 1:30 PM] After the U.S. Energy Information Administration (EIA) declared its intention to launch an urgent inquiry into the power consumption of cryptocurrency mining within the nation, two blockchain advocacy organizations have labeled the move as a…
Bitcoin Soars Above $45K, Reaching 4-Week High Post Spot ETF Launch
Crypto Analyst Predicts Bitcoin To $100,000 But Says Cardano Is Dead, Here’s Why
[Feb 8, 2024 12:00 PM] Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, recently elaborated on the reason for his price predictions for Bitcoin and Cardano. As part of his predictions, the crypto analyst had, at the beginning of the year, stated…
Hacken Links Ripple Chairman Hack to XRP Official Wallet
Ethereum’s Dencun Upgrade Goes Live on Holesky Testnet, Eyes Mainnet Launch
[Feb 8, 2024 10:30 AM] Ethereum’s Dencun upgrade has successfully navigated the final testing phase on the Holesky testnet, introducing proto-danksharding to dramatically lower transaction fees on its layer-two solutions, with eyes now firmly set on a mainnet…