Cryptocurrency
The BRICS Payment System: A Dollar Killer in the Making?
Just weeks after the BRICS Payment System was announced, it has attracted global interest. A Russian official revealed that 159 countries have shown interest in adopting the system, which might...
Bitcoin ETFs Gain Favor with Advisors, Hedge Funds Less Enthusiastic
A market study by Coinbase analysts reveals that advisor interest in Bitcoin spot ETFs is increasing while hedge funds are reducing their exposure. The report highlights that institutional inflows into...
Can Kamala Harris Gain Crypto Support? Advocates Aren’t Convinced
Bill Morgan has sparked a debate over Kamala Harris’s stance on digital assets as the 2024 U.S. presidential election nears. In a recent post on his X account, Morgan criticized...
Franklin Templeton Seeks SEC Nod for Crypto Index ETF
Asset manager Franklin Templeton, overseeing $1.6 trillion in assets, expanded its presence in the crypto market by filing an S-1 application with the U.S. Securities and Exchange Commission (SEC). The...
Coinbase Helps U.S. Marshals Sell Seized Bitcoin
The US Marshals Service (USMS) is accelerating the sale of Bitcoin seized from the Silk Road. This move follows the service’s updated approach to handling cryptocurrency assets under its custody....
Floki Inks Premier League Deal with Nottingham Forest
Floki, a leading memecoin, has officially partnered Nottingham Forest Football Club for the upcoming 2024/25 Premier League season. This move is a major step for Floki, aligning it with one...
Republican John Deaton Challenges Senator Warren in the Senate Race
The upcoming US election and the prevailing political developments have garnered great attention in the crypto industry, especially concerning the leaders’ diverse approaches to crypto. The latest development in the...
U.S. Crypto Regulation by 2024? Schumer Lays Out His Strategy
Eleanor Terrett, a journalist in the crypto community, recently took to X to share developments in the ongoing discussions surrounding crypto regulation in the United States. Eleanor highlighted comments made...
Members of Blockchain Caucus Ask Kamala Harris to Focus on Crypto
Attorney and Southern Democrat Darren Soto, who is also the US Representative for Florida’s 9th district, aims to put crypto regulation on the agenda of the current Vice President and...
Mastering Crypto Taxes: A U.S. Taxpayer’s In-Depth Guide
Cryptocurrencies have gained increasing acceptance and use across the world. Their decentralized nature and “enclosed” ecosystem initially made it difficult to integrate crypto transactions into the mainstream. Such complications led...
Bitcoin’s Déjà Vu: 2023 Patterns Emerge, What’s Next?
The Bitcoin market is showing striking parallels to patterns observed in late summer and autumn of 2023, according to analyst Miles Deutscher. Retail interest has significantly declined, with YouTube views...
After WazirX Hack, Pi42 Offers ‘Safer’ Crypto Trading in India
In the wake of WazirX’s $230 million security breach, the newly launched Pi42, India’s first crypto perpetuals platform, is leaning on its focus to safety. Co-founded by WazirX’s own Nischal...
Pump.fun’s Token Factory: 10K in 3 Hours, But is it Sustainable?
Pump.fun, a Solana-based token launchpad, has recently captured attention in the crypto community for its impressive revenue achievements and the growing criticism among traders. In the past 24 hours, Pump.fun’s...
Why Bitcoin Prices Slipped on Major Exchanges
Last week’s crypto market sell-off led to substantial price slippage across major exchanges, particularly affecting Bitcoin (BTC) trading pairs. According to a report from Kaiko, the sell-off on August 5...
Deepfake Ads & Crypto Scams: Meta Faces Legal Challenge
A U.S. judge has ruled that Australian billionaire Andrew Forrest’s lawsuit against Meta, Facebook’s parent company, can proceed. The ruling rejected Meta’s attempt to dismiss the case, setting the stage...
Analyst Predicts Crypto Crash if US Recession Hits
Head macro analyst at SwissBlock, Henrik Zeberg, warns the crypto market is in for a rough ride as the United States faces the threat of a recession this year. Zeberg...
El Salvador Secures $1.6B for Bitcoin City Port Transformation
El Salvador has secured a historic $1.6 billion investment from Turkish company Yilport Holdings to transform a key port into the future home of its ambitious Bitcoin City project. This...
South Korea Mandates Insurance for Closed Crypto Exchanges
South Korea’s Financial Supervisory Service (FSS) now requires defunct cryptocurrency exchanges to obtain insurance to safeguard user assets. This measure comes as part of a wider initiative to bolster investor...
Coinbase CLO Pleads for Court Relief in SEC Document Standoff
American-crypto exchange Coinbase is pushing back against the Securities and Exchange Commission (SEC) in their ongoing legal dispute. The company is seeking crucial documents from the SEC through a discovery...
Only 66% of ETH Addresses in Profit: Time to Sell or Hold?
IntoTheBlock, a market intelligence platform, reports that just 66% of Ethereum addresses are currently profitable. This drop has pushed many holders into the red, with profitability levels not seen since...
Key U.S. Economic Data to Watch This Week: Impact on Crypto
The US economy is under the microscope this week, with a slew of key economic data releases to impact not just traditional markets, but the crypto space as well. Market...
CRV Soars 36%: Inflation Reduction and Community Drive Rally
Curve DAO’s native token (CRV) has been making waves after an impressive 36.8% gain in the past seven days. This surge has drawn the attention of investors and analysts alike,...
80% Down, But Not Out: Is XRP Poised for a Monumental Surge?
XRP has faced numerous challenges since its all-time high in January 2018. At the moment, XRP is trading below 80% of its historical value and remains in a rather volatile...
EIP-1559 & Ethereum: Low Fees, Less ETH Burn, Price Impact
Ethereum has seen a decline in gas fees, reaching record lows not seen since mid-2019. This decline reflects a period of reduced network congestion, impacting transaction costs for users across...
IRS’s New Crypto Tax Form: Less Privacy Concerns, More Clarity
The Internal Revenue Service (IRS) has released an updated draft of Form 1099-DA, a key development for brokers reporting the sale and exchange of digital assets starting in 2025. This...
