Crypto.com Receives UK Authorization as an Electronic Money Institution
[Dec 4, 2023 7:10 AM] The exchange said it plans to use the license to offer e-money products in the U.K.
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Bitcoin Technical Analysis: BTC Breaks $42K Resistance in Latest Bullish Swing
[Dec 4, 2023 7:00 AM] On December 4, 2023, bitcoin’s price exhibited significant movements trading between $39,409 and $42,155 during the intraday sessions. The crypto asset briefly crossed the $42K zone — a height not seen since the Terra LUNA crash. Bitcoin’s…
Bitcointalk Forum to Enforce Mixing Talk Ban
[Dec 4, 2023 6:30 AM] Bitcointalk, a historic Bitcoin-focused forum, has announced it will start banning mixer-related topics next year. Forum administrator Theymos argued that while these services were not necessarily illegal, a pattern has emerged where these…
Crypto Analyst Predicts Bitcoin 400% Surge To $200,000, Here’s When
[Dec 4, 2023 4:55 AM] Crypto analyst Dave the Wave has shared a bullish prediction for the flagship cryptocurrency, Bitcoin. He believes that the crypto token could rise to as high as $200,000 and even provided a timeframe using technical analysis. When Bitcoin Will Hit…
Digital Assets Worth $343M Stolen From Crypto Exchange Platforms in November — Study
[Dec 4, 2023 3:00 AM] Digital assets worth just over $343 million were stolen from digital asset platforms in November alone. Centralized exchanges accounted for 53.8% of the total losses, with decentralized exchange platforms accounting for the remainder. The 34…
JPMorgan’s JPM Coin to Make Its Debut on Interbank Transactions
[Dec 4, 2023 1:00 AM] Jpm coin, JPMorgan’s official token, might be used to make interbank transactions now that it debuted on Partior, a blockchain-based banking settlement system. The platform, launched jointly by JPMorgan, DBS Bank, Temasek, and Standard…
Microstrategy’s Bitcoin Investment Flourishes, Netting $1.6 Billion Profit
[Dec 3, 2023 9:30 PM] Recent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314 billion…
Bitcoin Breaks $40K Barrier — Highest Value in Nearly Two Years
[Dec 3, 2023 8:11 PM] On Sunday, December 3, 2023, bitcoin’s value surged past the $40K mark, peaking at $40,846 at 8:45 p.m. Eastern Time. Over the past week, bitcoin has witnessed an 8.4% increase and a 3% rise in the past 24 hours, achieving a peak that the…
Platypus Exploiters Acquitted of Wrongdoing in Landmark Case
[Dec 3, 2023 6:30 PM] Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the…
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
[Dec 3, 2023 4:30 PM] November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by…
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
[Dec 3, 2023 2:30 PM] Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring…
Dogecoin Price Rallies To 4-Month Highs – Can Bulls Take It Above $0.3?
[Dec 3, 2023 2:30 PM] The growth of Dogecoin has lagged this year, but the meme coin recently went on a rally in the last week, hitting four-month highs. The question that still has to be answered is whether or not the cryptocurrency can maintain its momentum and…
The FTX Scam: Inside The Sam Bankman-Fried Story
[Dec 3, 2023 1:00 PM] In the annals of crypto’s tumultuous history, few stories have gripped the market as intensely as the FTX crypto scam, orchestrated by Sam Bankman-Fried. This massive ponzi, characterized by deceit, manipulation, and a staggering breach of…
Value Locked in Defi Nears $50B With 34.40% Surge in 46 Days, Led by Top Protocols
[Dec 3, 2023 12:30 PM] The total value locked (TVL) in decentralized finance (defi) is on the brink of surpassing the $50 billion threshold, standing at $48.91 billion currently. This figure marks a significant rebound from the low of $36.39 billion recorded 46 days ago…
When Is The Next Crypto Bull Run?
[Dec 3, 2023 10:00 AM] The next crypto bull run, a highly anticipated event in the financial world, promises significant gains for investors according to many analysts and experts. This guide explores the dynamics of such crypto bull runs, their historical impact, and…
Big Names Talk Potential Impact of ETFs on BTC Price, Solo Miner Pulls Down Lucky Block Reward, and More — Week in Review
Asset Managers Should Only Engage Staking Platforms With Strong Security — Andrew McFarlane
[Dec 3, 2023 6:30 AM] Institutional investors seeking to earn rewards from digital asset token staking must be aware of the associated risks and should take steps to protect their clients, Andrew McFarlane, CTO at the Web3 infrastructure company Validation Cloud, has…
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million
[Dec 3, 2023 4:30 AM] Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn…
Here Are Four Crypto Assets Poised For A Major Price Explosion – Analyst
[Dec 3, 2023 2:49 AM] The general crypto market has recorded a slight boost in the last week as market leader Bitcoin surged by 4.44% to trade above the $39,000 price mark. As bullish sentiments continue to rise, popular crypto analyst Austin Arnold has now highlighted…
South African Crypto Exchanges Revix and Bitfund Merge With Austrian Digital Asset Platform
[Dec 3, 2023 2:30 AM] Two South African crypto platforms and an Austria-based digital asset platform have joined forces to launch a new alternative investment platform called Altify. The goal of the new outfit is to enable South African investors, particularly the…
Financial Advisors Are Waiting for Spot Bitcoin ETFs to Offer Clients, Says Ric Edelman
[Dec 3, 2023 12:30 AM] Edelman Financial Services founder Ric Edelman has explained that financial advisors are waiting for the U.S. Securities and Exchange Commission (SEC) to approve spot bitcoin exchange-traded funds (ETFs) so that they can offer these investment…
Skybridge Capital Founder Scaramucci Predicts Massive Capital Inflow From Wall Street Into Spot Bitcoin ETFs
[Dec 2, 2023 6:30 PM] Skybridge Capital founder Anthony Scaramucci has predicted a substantial influx of capital from Wall Street into spot bitcoin exchange-traded funds (ETFs) once they are approved by the U.S. Securities and Exchange Commission (SEC). He highlighted…
Cambridge Study Unveils Ethereum’s Environmental Impact Post-Merge, Highlighting Major Energy Reduction
The Big Move: Crypto Pundit Predicts When Bitcoin Will Reach A New ATH
[Dec 2, 2023 4:00 PM] The Bitcoin future price trajectory has been the talk for many months, as many analysts expect the next surge anytime soon. According to crypto analyst Mags, the cryptocurrency’s past history around its halvings gives a timeline on when to expect…
Bitcoin Surpasses $39K, Achieving 19-Month Peak in Saturday’s Crypto Market Surge
[Dec 2, 2023 4:00 PM] On Saturday, December 2, 2023, the cryptocurrency market exhibited a positive trajectory, advancing by 1.91% to reach a total value of $1.48 trillion. Notably, bitcoin achieved a peak of $39,705 within the day, marking its highest value since late…
L2 Crypto Project Blast Achieves $660M TVL Amid Mockery for Key Developer Recruitment
[Dec 2, 2023 2:30 PM] Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of crypto assets, the…
FDUSD Nears $1 Billion Cap — A Rapid 253% Surge in Supply Since August
[Dec 2, 2023 12:30 PM] Recent data indicates that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is approaching the $1 billion threshold. This growth, a 253% increase in supply, has been recorded since August 4, 2023. Currently…
XRP Price Set To Explode: Analyst Identifies Trigger For Next Parabolic Move
[Dec 2, 2023 11:40 AM] Crypto analyst JD has once again commented on XRP making a “parabolic” move. This time around, he has identified exactly what needs to happen for the crypto token to enjoy a significant rally. All Eyes On The MACD In a post shared on his X…
GHO Stablecoin Hits $0.98 Target as Strategic Initiatives Spearhead Turnaround
[Dec 2, 2023 10:30 AM] Beginning in mid-July 2023, the stablecoin from Avara (previously known as Aave), a decentralized finance firm, consistently traded below its target $1 peg, reaching a low of $0.917 on October 24. Nonetheless, in recent weeks, the Liquidity…
Bitcoin Miner Revenue Sees Massive 6-Month Crash – What’s Going On?
[Dec 2, 2023 9:40 AM] Despite Bitcoin being up over 100% year-to-date (YTD), a recent report shows that this hasn’t necessarily translated to profits for the network’s miners. Instead, these miners seem to be experiencing a downturn in their revenue even as the Bitcoin…