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Crypto market primed for bull run: Why you should choose IDOs over crypto trading?
2.4.2024
In its more than one-and-a-half decade of existence, cryptocurrency has produced several ways to make money. The range varies from investing, trading, staking, mining, node operating, participating in token presales, and much more. However, the options narrow down to only a few when it comes...
Tether strengthens security commitment with successful SOC 2 Type 1 Audit
2.4.2024
Tether successfully goes through the System Organization Control (SOC) Audit Type 1, turning it into a complete safety compliance business. Though it is the first stage, it speaks volumes about the attitude of the company towards safety issues. The audit comes under the gold standard category...
Lightspeed transactions, blazing-hot potential: Decoding the Solana enigma
2.4.2024
Solana was created in 2017 as a blockchain platform for scalable, decentralized applications. This project is now managed as an open-source initiative by the Geneva-based Solana Foundation, with Solana Labs in San Francisco building the blockchain. Solana’s design integrates a decentralized clock...
Coinbase’s Alesia Haas explores ETH’s security stature and FTX-related trust-building
2.4.2024
In an interview with Fortune, Coinbase’s Chief Financial Officer, Alesia Haas, gave a sneak peek into what the future of finance might look like, both for Coinbase and the world of cryptocurrency. Under the direction of CEO Brian Armstrong, Coinbase has consistently expanded its empire in...
Spot Bitcoin ETFs Continue to See Net Outflows as BTC Price Drops Below $67K
2.4.2024
Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw net outflows on Monday as the flagship cryptocurrency dropped below $67,000.
The post Spot Bitcoin ETFs Continue to See Net Outflows as BTC Price Drops Below $67K appeared first on Cryptonews
New Platform Echo Launches, Aims to Democratize Angel Investing in the Cryptosphere
2.4.2024
Jordan Fish, known as Cobie on the social media platform X, has helped launched a new project called Echo, aimed at revolutionizing angel investment in the crypto market by allowing investors to pool funds for large investments. Echo distinguishes itself not just as another investment platform,...
HSBC Launches Tokenized Gold Product Targeting Hong Kong Market
2.4.2024
HSBC, the London-based financial institution, launched the first bank-backed tokenized gold product for its customers in Hong Kong. HSBC Gold Token will allow retail investors to purchase tokenized gold from their smartphones using the bank’s online app, democratizing access to these gold...
Blockchain Sleuth Warns About Unrevealed ‘Critical Flaws’ in Ethena
2.4.2024
Tardfiwhale, a pseudonymous blockchain sleuth who predicted the fall of Luna and UST, has warned about critical flaws in Ethena, a rising blockchain synthetic dollar stablecoin protocol. Tardfiwhale is asking for donations to certain entities before revealing these alleged flaws, as Ethena has...
48 US Lawmakers Ask SEC Chair Gensler to Clarify Whether ETH Is a Security — Warn of ‘Negative Repercussions’
1.4.2024
Forty-eight U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler asking him to clarify whether ether is a security. “The negative repercussions of the SEC implicitly or directly classifying ETH as a digital asset security will cascade...
Decentraland (MANA) investors expect double-digit gains. Is it possible?
1.4.2024
Decentraland is a browser-based 3D virtual world platform that is a first for the industry regarding fun and fashion in the metaverse. Users frequently use the platform to purchase virtual land lots, or NFTs, using the Ethereum blockchain and the MANA token. It is also well-known among designers...
Tether Amplifies Bitcoin Holdings With Strategic 8,888.88 BTC Addition
1.4.2024
Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether’s Bech32 address now ranks as the seventh-largest holder of bitcoin by volume. Tether’s Latest Acquisition Puts...
ConsenSys submits comment letter to SEC urging approval of ETH ETF
1.4.2024
Recently, the SEC requested feedback on whether or not Ethereum’s Proof of Stake (PoS) creates “unique concerns” of fraud and manipulation that the agency should consider before approving applications for Ethereum ETFs. The following are among the six questions the SEC requested...
Telegram provide option for payments in Toncoin
1.4.2024
Telegram offers users the option to make payments in Toncoin, a cryptocurrency boosted by Ton blockchain, for buying in-platform advertisements. Out of the total revenue generated, it will be sharing 50% of the amount with the founders of the public channels. This is the newest user monetization...
Coin Days Destroyed soars, hits 5-year peak: 60D MA insight
1.4.2024
After the emergence of a new feature of the cryptocurrency landscape, some economists have started to study if it is possible to measure the economic activity of Bitcoin using a statistic known as the Coin Days Destroyed (CDD). This metric allows for a more exact description concerning the volume...
Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event
1.4.2024
In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month. Historic Month for Bitcoin Miners —...
Delay predicted by Ark Invest CEO for ETF consent
1.4.2024
As per her prediction shared with the media by the CEO of Ark Invest, Cathie Wood, regarding the consent for spot Ether exchange-traded funds (ETFs), it will be going beyond the deadline of May. The matter has been pending for a while now. She emphasized that the Securities and Exchange Commission...
Weight addition by Litecoin Futures
1.4.2024
Litecoin Futures could go live for trade as early as April 1, 2024. They will represent 5 Litecoin, with Coinbase reserving 10,000 LC futures to its name. This translates to 50,000 LTC with a nominal value of $1.02 billion. Litecoin takes its inspiration from Bitcoin. Analysts have stated that...
$FLOKI joins Binance Pay, Expanding utility across global merchants and services
1.4.2024
A whopping 12 million active users can use $FLOKI to pay merchants within the Binance app’s marketplace for services like booking flights, booking hotels, buying gift cards, and mobile top-ups. It is exciting to know that $FLOKI can be used to buy luxury cars at the LG Group in France,...
Altcoins could skyrocket following Bitcoin’s halving, predict analyst
1.4.2024
Pick up some of the altcoins, and nothing is left to wonder—they could eventually navigate to a stronger bull run. ETH has retraced to $3,544.92 amid speculation that its ETF applications will get rejected. However, there is a chance that it will rebound in the years to come. SOL has climbed...
Polygon stuck as people lose trust in MATIC and ZK.Money
1.4.2024
Polygon has been in the news the last week with their new Napoli upgrade and bidding farewell to the Mumbai testnet. Matic raised USD 5.6 million in April 2019, with a 310% ROI estimated for August 2022. Private ventures like Decentraland, Zebi, and Parsec Labs have invested in the project....