Bitwise CIO Predicts Crypto Market Catalyst Bigger Than Blackrock’s Entry

Bitwise Chief Investment Officer Matt Hougan released a compelling investor memo titled “Washington Awakens: This Is What Alpha Looks Like,” predicting a monumental shift in the crypto market influenced by changing regulatory landscapes, potentially surpassing the impact of BlackRock’s foray into Bitcoin and altcoins. This Crypto Development Is Bigger Than BlackRock In his memo, Hougan

Crypto Cash Splash: Coinbase, Ripple Shell Out $25 Million Each To Influence Elections

The crypto industry is stepping up its political game ahead of the upcoming US elections. Leading the charge is Coinbase, the popular US-based crypto exchange, which has donated a whopping $25 million in USDC to the Fairshake Super PAC. This marks Coinbase’s second major contribution to the advocacy group, which aims to promote pro-crypto candidates.

Shiba Inu Whale Returns: 323 Billion SHIB Bought After Years Of Inactivity

In a surprising move that has caught the attention of the cryptocurrency community, a dormant Shiba Inu whale has awakened after several years of inactivity to purchase a staggering 323 billion SHIB tokens, valued at $8 million. This acquisition highlights the renewed investor interest and confidence in the memecoin amid favorable market conditions. Also, it

Who Really Controls Ethereum? New Research Sheds Light

In a new report, Christine Kim of the Galaxy Research team delves into the intricate governance of Ethereum, revealing how this blockchain, which underpins over 4,000 decentralized applications (dapps) and houses the largest developer community among blockchain platforms, is governed through a complex yet unofficial series of off-chain processes that involve multiple stakeholders. Ethereum, as

$100,000 Bitcoin: Hype Or Happening? CEO Makes Bold Prediction

Bitcoin (BTC) is poised for a spectacular close to 2024, according to industry heavyweight Mike Novogratz. In a recent interview with Bloomberg, the Galaxy Digital CEO forecasted a price surge to $100,000 by year-end, fueled by a confluence of factors. Related Reading: Changing Of The Guard? NYSE President Acknowledges Bitcoin’s Staying Power Breaking Through Barriers:

Trump’s Crypto Fortune Hits $25 Million After New Memecoin Airdrop

Former US President Donald Trump’s crypto portfolio has surged to nearly $26 million, primarily due to the recent airdrop of a new memecoin. This dramatic increase was highlighted by the crypto intelligence platform Arkham, which revealed via X: “Donald Trump’s memecoin holdings have just doubled, to over $20M. Donald Trump was airdropped half of the

Worldcoin’s Data Collection Activities Hits Pause In Spain – Here’s Why

Worldcoin, through its developer Tools for Humanity Corporation, has agreed to halt its operations in Spain until at least the end of 2024. This decision comes in response to an ongoing investigation by the Spanish Agency for Data Protection (AEPD) into the company’s data collection and processing practices. This pause reflects a broader scrutiny under

Analyst Projects Bitcoin To Surge 18% In Next Market Move, Here’s How

Against the backdrop of the recent surge in Bitcoin’s value, well-known cryptocurrency analyst and trader Javon Marks, with an optimistic outlook, has predicted the price of BTC to rise by over 18%, sending prices to unprecedented heights following a bullish breakout from a bullish pennant pattern. Bitcoin Next Move Could Reach $80,000s Range This impending spike

Bitcoin Partnership: University Of Austin And Unchained Unite For New $5M Endowment Fund

The University of Austin (UATX), set to welcome its inaugural class this fall, has embarked on a new venture by collaborating with cryptocurrency platform Unchained. Their joint goal is to raise $5 million in Bitcoin (BTC) to contribute to UATX’s long-term fund.  According to a Bloomberg report, UATX sees Bitcoin as a unique opportunity to

Hunted Woman: Missing ‘Crypto Queen’ Suspected To Be Murdered By Bulgarian Drug Lord

Ruja Ignatova disappeared seven years ago after a warrant from US authorities was issued to arrest her. The self-proclaimed “Crypto Queen” was responsible for OneCoin’s Ponzi scheme that took $4.5 billion from investors. Now, a BBC investigation suspects that the missing crypto scammer could have been murdered by a Bulgarian drug lord years ago. Related

Analyst: Solana Comes On Top In Product Execution, But Ethereum Is Superior

Solana and Ethereum are the clear competitors in the epic battle of supremacy. Though Ethereum was the first smart contracts platform, there are inherent problems like scalability that new chains like Solana and Cardano, for example, aim to solve. Solana Developers Doing Well In “Product Execution” And Communication Taking to X, one observer notes that

Crypto CEO Reveals The Factors That Will Drive XRP Price To $10,000

Simon McLoughlin, the Chief Executive Officer (CEO) of Uphold, a cloud-based financial services platform, has expressed optimism about the XRP price outlook despite the cryptocurrency’s stagnant price. McLoughlin predicts that the XRP price could surge as high as $10,000, surpassing the value of the world’s second-largest cryptocurrency, Ethereum.  XRP Price To Reach $10,000 A crypto

Crypto Money Laundering Scandal: Epoch Times CFO Bill Guan Indicted by US DOJ

In a significant development, the US Department of Justice (DOJ) has indicted Bill Guan, the Chief Financial Officer of Epoch Times, a global newspaper and media company, on allegations of participating in a scheme to launder approximately $67 million using crypto.  The indictment accuses Guan of being involved in a “transnational money laundering conspiracy,” benefiting

Deutsche Bank Teams Up With Bitpanda To Integrate Crypto Services In Germany – Details

Deutsche Bank has taken a significant stride by forming a partnership with Bitpanda, a leading cryptocurrency platform. This collaboration represents a pivotal step towards integrating traditional banking frameworks with the crypto sector, aiming to enhance the accessibility of crypto assets for users across Germany. Crypto Services Integration For German Users Deutsche Bank, Germany’s largest banking

Bitcoin Spot ETFs Now A Major Source Of Inflow For Fund Managers – Here Are The Figures

Since launching, the Spot Bitcoin ETFs have achieved immense success with mass adoption, which they have enjoyed among institutional investors. Thanks to this, inflows into these funds have accounted for most of the inflows that their respective issuers have recorded since the year began.  Spot Bitcoin ETFs A Major Source Of Inflows For Fund Issuers

First Spot Bitcoin ETF Gets Green Light From Thailand SEC

The Securities and Exchange Commission (SEC) of Thailand has officially approved One Asset Management (ONEAM) to launch the country’s first spot Bitcoin exchange-traded fund (ETF), a landmark decision in the nation’s financial sector. This ETF will be exclusively available to wealthy and institutional investors, reflecting a cautious regulatory stance towards retail investor participation. Thailand Continues

Pro-XRP Lawyer Holds Warren Responsible For Partisan Crypto Stance

Amidst the economic challenges in the global landscape, crypto advocate and popular Pro-XRP lawyer John E. Deaton has publicly targeted US Senator Elizabeth Warren, holding her accountable for the current administration’s anti-innovation approach to digital currencies.  Deaton’s crique suggests that Warren’s influence has exacerbated regulatory uncertainties hindering the growth and advancement of the cryptocurrency sector

Can The XRP Ledger Be Hacked? Ripple CTO Reveals Attack Vector

In a recent interview with The Defiant, David Schwartz, Chief Technology Officer at Ripple, shed light on the security mechanisms of the XRP Ledger and the theoretical attack strategies it could face. Schwartz explained that unlike Proof-of-Work systems like Bitcoin, the XRP Ledger relies on a Byzantine Fault Tolerance (BFT) consensus mechanism called the Ripple

Investors FOMO Into Crypto: YTD Flows Hit New Highs – Details

Cryptocurrency markets are defying historical patterns in 2024. Instead of a summertime slowdown, investors are injecting billions into crypto funds, shattering year-to-date records. This surge coincides with the long-awaited approval of spot Bitcoin and Ethereum ETFs in the US, potentially marking a turning point in cryptocurrency regulation. Related Reading: Dogecoin Creator Drops Bomb: Crypto Market

Edward Snowden Makes A Bold Statement On Bitcoin: Details

On Monday, NSA whistleblower Edward Snowden once again expressed his support for Bitcoin (BTC). Snowden’s statement came in the wake of a significant market disruption that saw Berkshire Hathaway shares plummet by 99% due to a technical glitch on the New York Stock Exchange (NYSE). This incident has reignited discussions about the robustness and reliability

Kraken Sees Largest Bitcoin And Ethereum Outflows Since 2017, What’s going On?

Recent data shows that Kraken, one of the premier crypto exchanges in the market, has witnessed its largest outflows of Bitcoin (BTC) and Ethereum (ETH) since 2017. This signals a significant shift in digital asset holdings, which could have broad implications for the market. Kraken’s Historic Outflows, What Is Going On? Insights from Joao Wedson

Bitcoin Sellers Running Out? Short-Term Holder Realized Profit Dips 32%

Data shows that Bitcoin short-term holders have seen a decrease in their realized profit, a sign that their appetite for harvesting gains may be diminishing. Bitcoin Short-Term Holders Are Realizing Much Fewer Profits Now As explained by CryptoQuant author Axel Adler Jr in a post on X, the BTC short-term holders have been realizing much