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Cardano will thrive in future bull markets: ADA whale acclaims
25.9.2023
The cryptocurrency market has been a hotbed of innovation and opportunity, with various blockchain platforms vying for supremacy. One such blockchain that has garnered significant attention is Cardano (ADA). Cardano houses an autonomous token economy worth billions, attracting the interest of both...
Tether approves $1 billion USDT boost for Tron network’s liquidity
25.9.2023
Considering a monumental move in full swing to support and strengthen the Tron network’s liquidity, Tether, the predominant stablecoin provider, approves $1 billion USDT. This vital collaboration between Tether and Tron is expected to redefine and turn around the cryptocurrency landscape....
British Law Firm to Sue Onecoin Cryptoqueen to Recover Investor Funds
25.9.2023
A London-headquartered law firm is preparing a lawsuit against the fugitive mastermind of the Onecoin crypto pyramid scheme, ‘Cryptoqueen’ Ruja Ignatova. Its lawyers intend to file a class action suit in the United Kingdom’s High Court, the British press revealed. Fugitive Cryptoqueen May Face U.K....
Is Bitcoin Cash better than Bitcoin?
25.9.2023
Technology has encountered giant leaps in the recent past, manifesting its significance in every walk of life. The finance realm is no exception! With a vast expanse of cryptocurrency sprouted late, this article presents a comparative analysis between Bitcoin (BTC) and Bitcoin Cash (BCH). The idea...
Crypto Exchange Bybit Suspending Services in UK to Comply With New Regulations
25.9.2023
Cryptocurrency exchange Bybit is suspending services in the U.K. next month in order to comply with the new rules set by Britain’s top financial regulator, the Financial Conduct Authority (FCA). “The suspension will allow the company to focus its efforts and resources to best meet...
Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg
24.9.2023
Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave the nod for the software update. Minting Freeze...
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
24.9.2023
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s...
Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
24.9.2023
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...
Decoding Atomicals: Unpacking the Newest Addition to Bitcoin’s Tech Suite
24.9.2023
Following the introduction of Ordinal inscriptions, BRC20 tokens, and Stamps on the Bitcoin blockchain, the community has seen the debut of a new digital object technology named Atomicals. Meet Atomicals: The Latest Data-Embedding Technology on the Bitcoin Blockchain Since the close of 2022...
Mark Cuban Hacked for $870K in Crypto, Economist Warns of ‘Tragic Ending’ for USD — Week in Review
24.9.2023
Dallas Mavericks owner Mark Cuban sees his Metamask crypto wallet hacked, Peter Schiff says “day of reckoning is at hand” for dollar and U.S. economy, and the crypto community shows skepticism about rumors of Blackrock pivoting to XRP. This and more in the latest Bitcoin.com News Week...
Bitcoin ETFs Explained: A Closer Look at BTC Exchange-Traded Products
24.9.2023
Exchange-traded funds, or ETFs, that track the price of bitcoin have become a popular means for mainstream investors to gain exposure to the cryptocurrency market without directly owning bitcoin. Though the U.S. Securities and Exchange Commission has not approved a spot bitcoin ETF in the U.S....
The evolution of cryptocurrency products: Bitcoin Spark takes on Ethereum and Dogecoin
24.9.2023
Bitcoin Spark sets its sights on the cryptocurrency niche, facing giants like Ethereum and Dogecoin. Bitcoin Spark strives to remove its niche from the meme coins while improving ETH’s smart contract capabilities. Bitcoin Spark (BTCS) Bitcoin Spark revolutionizes the cryptocurrency landscape...
FBI Wanted Co-Founder of Crypto Exchange Wex Sentenced in Russia
24.9.2023
Aleksey Bilyuchenko, co-founder of Wex, the successor of the infamous Russian crypto exchange BTC-e, will spend only a couple of years in prison. The Russian, who is charged in the U.S. with money laundering, has been sentenced in his homeland as the only defendant in a case over the collapse...
Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
24.9.2023
Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally....
Robert Kiyosaki Advises Buying Bitcoin Today — Foresees a Rush to Buy BTC as Stocks, Bonds, and Real Estate Crash
24.9.2023
Rich Dad Poor Dad author Robert Kiyosaki has advised investors to buy bitcoin today before stock, bond, and real estate markets crash and people rush to buy BTC alongside gold and silver. The famous author has predicted that bitcoin’s price will reach $500,000 by 2025, with gold soaring...
Skybridge Founder: Every Wall Street Firm Will Sell Bitcoin ETF to Clients — ‘Next 10 to 20 Years Are Remarkably Bullish’
24.9.2023
Skybridge Capital founder Anthony Scaramucci has explained why he is still bullish on bitcoin. Emphasizing that every Wall Street firm is going to have a bitcoin exchange-traded fund (ETF) in their arsenal that they will sell to their clients, he predicted: “The next 10 to 20 years...
Clock Ticks Slower for Justin Sun and Rainberry: Court Grants Extension Amid SEC Allegations
24.9.2023
In the lawsuit pitched by the U.S. Securities and Exchange Commission (SEC) against Tron’s brainchild, Justin Sun, and his enterprise Rainberry, a judicial nod has been granted for an extended timeline for the defense. Sun now has until December 8, 2023, giving his attorneys a broader window...
A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market
23.9.2023
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $250 million in FTX claims, court records reveal....
Arkham Identifies Coinbase’s $25B in BTC; Rivals Nakamoto’s Legacy Coins
23.9.2023
On September 22, 2023, Arkham Intelligence unveiled that it has identified addresses tied to a staggering $25 billion from Coinbase’s bitcoin (BTC) holdings. This cache represents the most substantial BTC reserve on Arkham. The firm points out that this trove is nearly on par with Satoshi...
Liquid-Staking Token-Backed Stablecoin MKUSD Surges 27,000% in Under a Month
23.9.2023
Since the start of 2023, the size of the stablecoin economy has decreased amid numerous redemptions. However, new stablecoin asset projects, such as Aave’s GHO, First Digital’s FDUSD, and Paypal’s PYUSD, have emerged. On September 1, a stablecoin protocol named Prisma Finance...