Social media, once a platform for cat videos and vacation photos, is undergoing a potential revolution with the rise of SocialFi. This burgeoning trend promises to merge the familiar world of social networking with the decentralized power of cryptocurrency. But is SocialFi destined to be the next big thing, or just another flash in the

Over the last couple of years, the US government has tried to tighten its grip on different sectors of the crypto industry. As a result, these efforts have received significant backlash from politicians and central figures within the crypto space. This week, another crackdown on the crypto industry occurred after Arkansas lawmakers approved two bills

In a significant development, MoonPay, a crypto payment platform, has announced that users in the United States can now easily buy and sell over 110 cryptocurrencies using PayPal.  The integration, unveiled Thursday, simplifies transactions for new MoonPay users who already have a PayPal account and regularly use it for online transactions. Users can fund their

In recent evaluations by JPMorgan analysts, cryptocurrencies’ future appears to be uncertain. Despite the sector’s rapid expansion and increasing mainstream acceptance, the financial giant advises a cautious approach in the short term. This conservative stance stems from “diminishing retail interest” and a “scarcity of positive market catalysts.” Related Reading: Crypto Witch-Hunt: Experts Criticize DOJ For

United States Attorney Damian Williams and FBI Assistant Director James Smith announced the unsealing of an indictment charging Idin Dalpour with wire fraud concerning a multi-year crypto Ponzi scheme that defrauded investors of at least $43 million.  Wire Fraud Indictment Unveils $43M Ponzi Scheme The indictment alleges that from approximately 2020 to April 2024, Dalpour

Dogecoin suffered a significant crash in the bloodbath that rocked the crypto market earlier this week, notching double-digit losses in the process. This has sent its support lower, and $0.112-$0.123 is now the level to hold for the meme coin. But what if it falls below this support? Dogecoin Must Hold Support At $0.112-$0.123 Crypto

As Bitcoin drops, liquidating leveraged long bets along the way, one analyst, in a post on X, thinks this might be a prime opportunity to accumulate, citing historical patterns of pullbacks followed by impressive recoveries.  Time To Load The Bitcoin Dip? The analyst shared a chart indicating that Bitcoin is within historical retracement ranges. Whenever this happens,

According to an NBC report, federal prosecutors have initiated an investigation into Block, the financial technology company founded by Twitter co-founder Jack Dorsey, following allegations of compliance failures and links to terrorist networks through alleged crypto transactions.  Notably, a former employee of Block has provided documents to the Southern District of New York, revealing compliance

Shiba Inu (SHIB) could soon witness a significant price rally, with crypto analyst Ali Martinez highlighting a bullish pattern forming on the meme coin’s chart. Shiba Inu’s price could potentially see a 150% gain when this rally happens.  A Bull Flag Is Forming On SHIB’s Chart Martinez mentioned in an X (formerly Twitter) post that

Data shows the Bitcoin Coinbase Premium has been negative for a while now, a sign that institutional selling has been occurring behind the scenes. Bitcoin Coinbase Premium Gap Has Turned Quite Negative Recently As pointed out by CryptoQuant Netherlands community manager Maartunn in a post on X, the Bitcoin Coinbase Premium Gap has been negative

Alliance Resource Partners (ARLP), a publicly traded coal mining company, has successfully ventured into Bitcoin mining. The pilot project, which began in 2020, has generated significant revenue for ARLP by capitalizing on underutilized electricity at its River View mine. Related Reading: Shiba Inu Fees On Fire: What’s Behind The 500% Surge? Bitcoin Mining Success And

A Binance user unknowingly withdrew one of just four extremely rare Bitcoin “Epic Sats” from 2016, representing a potential multi-million dollar oversight by the exchange.

Bitcoin, the world’s largest cryptocurrency, is experiencing a massive downturn. However, popular crypto analyst, Michael van de Poppe has predicted that the cryptocurrency may be at the end of its correction, foreseeing potential upsides following a price bottom.  Analyst Suggests Bitcoin Bottom Closing In In an X (formerly Twitter) post on Wednesday, May 1, Poppe declared

The cryptocurrency market continues its wild ride in 2024, with established giants like Bitcoin facing headwinds while seemingly outlandish projects like Shiba Inu experience unexpected growth spurts. Related Reading: Slap On The Wrist? DOJ Faces Backlash For Letting Binance Founder Off Easy For AML Failures Bitcoin Struggles To Find Footing Bitcoin, the undisputed king of

Peter Schiff, a popular critic of Bitcoin and staunch advocate for Gold, has delved into the ongoing debate surrounding BTC’s valuation, predicting a potential downside pressure in the near future and setting his target at the $54,000 price level. Bitcoin Continues To Face Downside Pressure Earlier today, Schiff identified a negative pattern on the Bitcoin

In the latest issue of the “SHIB Magazine,” the Shiba Inu team has disclosed detailed plans for the upcoming hard fork of the Shibarium network, marking a pivotal milestone in the project’s ongoing efforts to enhance its blockchain infrastructure. This strategic upgrade is aimed at optimizing the network’s performance, increasing transaction processing speed, and preparing

MicroStrategy, the largest corporate holder of Bitcoin, has officially launched a groundbreaking decentralized identity system named ‘MicroStrategy Orange’. This innovative solution was introduced by Michael Saylor, the company’s executive chairman, during their ‘Bitcoin For Corporations’ conference on May 1. MicroStrategy’s Bold Move Into Bitcoin-Powered DIDs MicroStrategy Orange is engineered to utilize the Bitcoin network’s robust

In the face of growing global regulatory pressure on the crypto industry, the Biden administration’s intensified crackdown and the actions of regulatory bodies have prompted Senator Cynthia Lummis to issue a strong statement against the US government’s stance on the industry.  Senator Lummis, a prominent supporter of Bitcoin and the overall crypto market, has advocated

On Tuesday, the crypto industry was shaken after news of the indictment of one of a Bitcoin early investors broke. Per the reports, the US Department of Justice (DOJ) pressed multiple charges against Roger Ver, a controversial figure in the space known as “Bitcoin Jesus.” Experts and figures within the community have expressed their sentiments

Texas A&M Professor Korok Ray announced the launch of the Bitcoin Research Institute to explore the integration of Bitcoin and artificial intelligence.

Michael Saylor and the MicroStrategy Executive Vice President announce the company’s latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024.

With over $10 trillion under its management, asset management firm BlackRock has led a $47 million investment in Securitize, a prominent player in the tokenization space.  BlackRock’s Investment Boosts In The Tokenization Space As announced on Wednesday, notable participants in the funding round include investment firm Hamilton Lane, financial technology company Tradeweb Markets, and asset

Despite the current market downtrend, crypto traders are still finding ways to make life-changing gains. This is the case of some Solana meme coin traders who recently turned $6,400 into $8 million in 24 hours.  How These Solana Meme Coin Traders Turned $6,400 Into $8 Million On-chain analytics platform Lookonchain revealed in an X (formerly

In a momentous event that heralds a new era for Polkadot, Kusama, its test network, sold all three cores in its first Agile Coretime sale, as reported on April 30. This achievement, shared by Parity Technologies, the developer of the interoperable blockchain, is a crucial step in their roadmap towards bringing Agile Coretime to the

The Bitcoin price has seen a massive downside this week going into the FOMC meeting on Wednesday. The digital asset’s price saw a sharp 8% drawdown, which sent its price below $57,000, its lowest point in two months. While this came as a surprise to many, one crypto analyst in particular was able to pinpoint

Data shows the cryptocurrency derivative market has observed mass liquidations following the crash of Bitcoin and other assets. Bitcoin Has Seen Bears Winning As Price Has Plunged 6% Over The Past Day Recently, Bitcoin has been stuck in consolidation in the $60,000 to $70,000 price range, unable to mount any sustained move in either direction.

Alejandro De La Torre believes Bitcoin mining is dangerously centralized and plans to put power back into the hands of solo miners with DEMAND.

The crypto community is witnessing a virtual showdown between Cardano Founder, Charles Hoskinson and Ripple’s Chief Technology Officer (CTO), David Schwartz. The two crypto giants are clashing over Ripple’s present regulatory challenges and the allegations surrounding the ETH Gate.   Hoskinson And Schwartz Embark On Heated Debate Tensions have flared up within the crypto community as

In a statement on X that counters the prevailing wisdom among crypto enthusiasts, Ethereum founder Vitalik Buterin has recently expressed reservations about the reliance on hardware wallets for securing digital assets. Buterin’s commentary emerged during a broader conversation on crypto security, which featured insights from several leading figures from the Ethereum ecosystem. Why The Ethereum