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Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency’s Depreciation
1.7.2024
Labeling cryptocurrency a scapegoat, similar to blaming parallel market traders for the Nigerian currency’s woes, will not solve the underlying problems. Proactive preparation for consequential innovations is far preferable to reactive measures. The blockchain and crypto industry is still...
Gamestop Whale Roaring Kitty Sued for Securities Fraud
1.7.2024
Keith Patrick Gill, also known as “Roaring Kitty,” an investor in Gamestop stock, has been sued in the Eastern District of New York for allegedly committing securities fraud. The lawsuit alleges that Gill, using social media posts on X and Reddit, orchestrated a pump-and-dump scheme...
Bitcoin's Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows
1.7.2024
Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin's price
Blackrock’s Bitcoin ETF Starts Trading in Chilean Stock Exchange
1.7.2024
Last week, the Ishares Bitcoin Trust (IBIT) arrived at the Santiago Stock Exchange, the main financial market of Chile. The leading spot bitcoin exchange-traded fund (ETF) instrument, which was approved this year by the U.S. Securities and Exchange Commission (SEC) will now allow Chilean investors...
Unveiling the Titans of Crypto Mining: A Deep Dive Into 5 Consensus Algorithms
1.7.2024
In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that not only secure but also empower the blockchain with the integrity and trust that underpin several...
History suggests Bitcoin poised for rebound in July
1.7.2024
Bitcoin tends toward strong performance in July, but Mt. Gox is weighing on hopes of a rebound
Milei Reveals New Economic Phase for Argentina: Zero Monetary Issuance
1.7.2024
Javier Milei, the libertarian President of Argentina, has revealed the new policies that will be applied to cement the economic victories he has achieved in Argentina. In an interview, he stated that now, with the recent approval of the omnibus law, the country has reached phase two of its economic...
Hawaii Wraps Up Sandbox: Crypto Firms No Longer Need State Money Transmitter Licenses
1.7.2024
The U.S. state of Hawaii’s regulatory sandbox concludes today. Crypto companies will no longer require a Hawaii-issued money transmitter license to conduct business within the state. However, they must comply with federal regulations. Hawaii’s Regulatory Sandbox Concludes The Department...
The Definitive Guide to Tapioca DAO: Part Two
1.7.2024
This piece is the second half of a guest post by Emiri, published originally on Blocmates. Read Part One here. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. Blocmates is especially adept at covering...
Defi Education Fund on Chevron Doctrine Overruled: ‘It Opens a New Chapter in the Battle for Clear Regulations’
1.7.2024
The Defi Education Fund, an organization focused on defending and bringing clarity to decentralized finance, pondered on what the recent overruling of the so-called Chevron doctrine might mean for crypto. The organization explained that this decision marks a new chapter in the battle for clearer...
National Power Administration ANDE Employees Allegedly Involved in Setting up Illegal Bitcoin Mining Farms in Paraguay
30.6.2024
National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin mining farms in Paraguay. According to local sources, seven engineers of the institution would have been installing bitcoin farms across the country as the prosecutor’s...
Did Bitcoin Runes already peak?
30.6.2024
Tokens on the Runes Protocol are down from their peak, but don't count them out yet. The protocol is less than three months old — and it's just getting started
Treasury and IRS Announce Digital Asset Tax Reporting Regulations
30.6.2024
The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the Treasury and the IRS revealed that they anticipate...
Bitcoin price recovery to $62.5K could trigger breakout in TON, AVAX, KAS and XMR
30.6.2024
Bitcoin’s recent weakness has pulled several altcoins lower, but TON, AVAX, KAS and XMR look set to move higher
3 things that can spoil a potentially bullish July for Bitcoin
30.6.2024
BTC price is likely to face headwinds in July from Mt. Gox repayments that could result in a "bull pennant" breakdown on the charts
Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review
30.6.2024
Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of ether exchange-traded funds (ETFs), noting delays due to the U.S. Securities and Exchange Commission (SEC)’s review process during the holiday week. Despite the approval of 19b-4 filings for eight ether ETFs in...
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
30.6.2024
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows...
The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?
30.6.2024
As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors and supporters alike. The dominant cryptocurrency’s latest performance suggests it might approach a triple top, potentially exceeding $90,000. However, reaching...
Polymarket Bet on Biden Dropping Out Rises to 50% as Camp David Retreat Fuels Speculation
30.6.2024
This weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in the wager regarding whether incumbent President Joe Biden will withdraw from the race. Just two days prior, the odds of Biden stepping down were at 39%, and as of June...
Double-Digit Swings Dominate June Crypto Market Performances
30.6.2024
According to market data, crypto assets struggled throughout June, with only a select few recording gains. The largest gainer was the meme coin brett (BRETT), which surged 64.9%, while the biggest loser was the meme token maga (TRUMP), plummeting 55.29%. Select Coins Rise Despite Overall Decline...