Cryptocurrency
Crypto Yield Farming Takes Off: Convex Finance (CVX) Price Skyrockets
Convex Finance’s (CVX) price surged over 100% within the past 24 hours, accompanied by record-breaking trading volumes across major exchanges. On June 16, crypto analyst Wu Blockchain highlighted that Binance...
Bitcoin Banking: El Salvador Drafts Law to Expand Crypto Adoption
El Salvador, the first country to adopt Bitcoin as legal tender, is considering a draft law that could further integrate the cryptocurrency into its banking system. The proposed legislation would...
New York’s AG Takes on Crypto: Gemini’s $50 Million Lesson
New York Attorney General Letitia James has secured a $50 million settlement from Gemini Trust Company, LLC (Gemini) to compensate over 230,000 investors, including 29,000 New Yorkers, who were allegedly...
Farcaster Soars to $1 Billion Valuation: Can the Crypto Social App Deliver?
Crypto-based social media platform Farcaster has experienced rapid growth, reaching 50,000 daily active users and a $1 billion valuation. This success has sparked discussions within the Web3 community about the...
Bitcoin as a Campaign Weapon: Trump’s Bet on Crypto Appeal
Former President Donald J. Trump is again leveraging cryptocurrency in his 2024 campaign, vowing to “end Joe Biden’s war on crypto” and ensure Bitcoin’s future is “made in America.” This...
Aussie Bitcoin ETF is Stacking Sats While BTC Price Stalls
Australia’s newly launched Bitcoin ETF, IBTC, has accumulated 46 BTC since its debut, signaling growing investor confidence in cryptocurrencies within the Australian market. Noted by crypto analyst Julian Fahrer, the...
TON on the Rise, but Can $NOT Crack the Code to $8?
Even as TON continues to show strong performance in the cryptocurrency market, analysts are closely watching $NOT, a token within the TON ecosystem, as it navigates critical resistance and support...
Why This Crypto Analyst Is Betting Big on Bitcoin and Ethereum
Popular YouTube channel Crypto Banter outlined five reasons for continued optimism in the cryptocurrency market, despite recent volatility, citing technical indicators and market trends as key factors supporting a bullish...
Turkey Unveils Major Tax Overhaul, Eyes New Crypto Regulations
Turkish lawmakers are set to introduce a sweeping tax overhaul, primarily targeting corporations, in an effort to shore up the national budget following last year’s devastating earthquakes. The proposed legislation,...
Fidelity’s Bitcoin Sale Adds to Crypto Market Uncertainty
Bitcoin is facing significant turbulence as investors grapple with recent market developments, including a major sell-off by Fidelity Investments and a prolonged period of price consolidation. Crypto analyst Thomas reported...
Bitcoin’s Role in a Post-Petrodollar World: Analysis and Outlook
As the end of the U.S.-Saudi petrodollar agreement approaches, Bitcoin is emerging as a potential alternative in the evolving global financial landscape. The dissolution of this longstanding deal has ignited...
India’s Crypto Shocker: Court Says Legal, But Government Still Hates It
In a landmark decision that has raised a few eyebrows within India’s financial and regulatory sectors, an Indian state high court has ruled that cryptocurrency transactions are legal under Indian...
Andrew Tate Effect: Crypto Insider Turns $1,950 into $5.6 Million
An insider reaped a $5.6 million windfall from strategic trading of DADDY tokens, a cryptocurrency recently promoted by former kickboxer Andrew Tate. Blockchain analytics firm Lookonchain revealed the well-timed transactions,...
Binance Tightens Crypto Listing Standards, Targets ‘Zombie Coins’
Binance co-founder He Yi revealed the exchange’s strategy to address “zombie coins” and maintain competitiveness during a recent Twitter Space hosted by Binance Chinese. With aims to reach 1 billion...
Bitcoin Exchange Supply Dwindles, Signaling Potential Market Shift
Despite Bitcoin’s recent struggles amidst broader bearish market pressures, on-chain data suggests a potential shift in momentum, as the cryptocurrency’s supply on exchanges hits a two-year low. After a previous...
CoinDCX and KoinBX Optimistic Despite India’s Strict Crypto Taxes
Indian Prime Minister Narendra Modi’s reappointment of Finance Minister Nirmala Sitharaman has drawn mixed reactions from the country’s crypto community, given her previous stance on digital assets and the government’s...
MicroStrategy to Issue $500M Convertible Notes, Eyes Bitcoin Purchase
MicroStrategy Incorporated, a prominent business intelligence firm and major Bitcoin holder, announced a $500 million private offering of convertible senior notes due in 2032, with proceeds primarily intended for further...
Is Andrew Tate’s “Daddy” Token Playing Dirty?
Blockchain analytics platform Bubblemaps has identified suspicious insider activity surrounding the launch of Andrew Tate’s “Daddy” token (DADDY), raising concerns about potential market manipulation. According to the blockchain data platform,...
Bitfarms’ Poison Pill Draws Fire from Riot Platforms
Riot Platforms, a major North American Bitcoin mining company, has sharply criticized rival Bitfarms for adopting a “poison pill” strategy to thwart potential takeovers. Riot alleges the move reflects poor...
America’s Crypto Brain Drain: Can the U.S. Reclaim Its Tech Lead?
Bill Morgan and Paul Grewal recently took to X platform sounding alarm over the increasing regulatory scrutiny in the U.S. These concerns stem from the strict regulatory approach taken by...
Cardano’s Ambitious Upgrade: A Deep Dive into the Hard Fork
Cardano founder Charles Hoskinson dismissed concerns about the blockchain’s health amid stagnant token prices, emphasizing a major protocol upgrade on the horizon. In an interview with Thinking Crypto’s Tony Edward,...
Bitcoin Faces Major Correction Amid Stock Market Highs and Federal Reserve Speculation
The crypto market is currently experiencing volatility and related events, where Bitcoin plays a dominant role, as stated by a top cryptocurrency analyst in a recent YouTube video. The video...
Whales Go on Buying Spree, Snapping Up $840 Million in ETH
Ethereum (ETH) is showing strength in the volatile crypto market, according to crypto analyst Ali. Large investors, known as whales, recently purchased over 240,000 ETH during a price dip. This...
Wall Street Embraces Bitcoin: Top 80 Institutional Holders Revealed
Bitcoin Magazine’s recent post on X highlighted growing institutional interest in Bitcoin, revealing the top 80 institutional holders of Bitcoin ETFs based on SEC filings. This revelation signals a milestone...
Hong Kong’s Crypto ETF Market Stalls as Banks Hesitate
Hong Kong’s foray into the virtual asset ETF market faces challenges, as traditional banks exercise caution amid regulatory concerns and talent shortages. Over a month since the listing of Hong...
