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
Standard Chartered sees Bitcoin falling to $50,000 near-term amid outflows and tight liquidity, but maintains a bullish long-term outlook with a $150,000 target for 2024.
Amidst the challenging circumstances of a prison sentence, Binance founder and former Chief Executive Officer (CEO) Changpeng CZ Zhao has taken to the X (formerly Twitter) platform to express his gratitude to those who supported him during these trying times. Binance Founder Promises Resilience On Tuesday, Binance founder Changpeng CZ Zhao was sentenced to 4
The world of cryptocurrencies is abuzz with the potential arrival of a new Exchange Traded Fund (ETF): the Litecoin ETF. Championed by Litecoin founder Charlie Lee, the proposed ETF is aiming to gain the coveted approval from the US Securities and Exchange Commission (SEC). Related Reading: Slap On The Wrist? DOJ Faces Backlash For Letting
Changpeng Zhao, the ousted CEO of cryptocurrency exchange giant Binance, walked away from court this week with a sentence many see as a slap on the wrist. Zhao, better known in the crypto world as “CZ,” received four months in prison for failing to implement sufficient anti-money laundering (AML) safeguards at Binance. Related Reading: Stagflation
As the Federal Open Market Committee (FOMC) convenes for a highly anticipated meeting today (2 pm ET), the stakes are high not just for traditional finance but also for the crypto markets, which have become increasingly sensitive to macroeconomic signals. Kurt S. Altrichter, a notable financial advisor, has provided an in-depth analysis of possible outcomes
Ethereum (ETH) has faced some regulatory turmoil amid rumors of a rejection of ETH spot exchange-traded funds (ETF) in May. The second largest cryptocurrency has also been in the spotlight after a key component in its ecosystem, Consensys, sued the US Securities and Exchange Commission (SEC) for “unlawful seizure of authority” over the asset. The
The US Congress could catalyze a more significant shift than introducing spot Bitcoin ETFs. Bitwise Chief Investment Officer Matt Hougan’s view underscores a pivotal moment for the crypto industry. Hougan suggests that 2024 could see “groundbreaking” legal frameworks that pave the way for mainstream stablecoin adoption, which might profoundly impact the crypto ecosystem. Related Reading: Coin
Shiba Inu (SHIB) saw a significant spike in a major metric, which signals a bullish outlook for the second-largest meme coin by market cap. Despite this, Shiba Inu’s price has failed to react positively, which can undoubtedly be a concern for token holders. Shibarium Sees Increase In Active Accounts Data from Shibariumscan shows that the
US-based crypto exchange Coinbase has taken a major step forward in the digital payments space by introducing support for the Bitcoin Lightning Network. This allows users to make instant and cheaper Bitcoin transfers. Bitcoin Lightning Network Integration On Coinbase According to Tuesday’s announcement, the integration of Lightning Network into Coinbase aligns with the company’s goal
Though Bitcoin might be shaky, dumping in the London session on April 30, IntoTheBlock data now shows that the market is, after all, solid. In a post on X, the blockchain analytics platform noted that Bitcoin is in a mid-bull cycle. Despite the price cool-off, potentially accelerated by whales exiting, most BTC holders still profit. 86% Of
Cardano (ADA) is finally seeing some action again, as data from the market intelligence platform IntoTheBlock shows that there has been a notable spike in whale activity. This has revived hopes that the ADA token could soon record a significant price surge due to this development. Cardano Whales Move $13.84 Billion IntoTheBlock mentioned in an
A quant has pointed out that a popular on-chain indicator for Bitcoin gives the asset the green light to experience bullish price action. Bitcoin Puell Multiple Has Observed A Plunge Recently As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Puell Multiple is currently in the “safe to buy zone.” The “Puell
Ver is alleged to have caused a loss to the IRS of at least $48 million, said the DOJ.
The Shiba Inu daily trading volume has seen a massive explosion in the last 24 hours as a number of developments force investors to return to the table. This increase has naturally caught the eye of investors. But what is driving the growth? What Is Driving The Shiba Inu 40% Volume Growth? According to data
In April, the crypto community witnessed a historic downturn in financial losses due to fewer hacks and scams. According to blockchain security firm CertiK, the total damages of these types of crypto attacks dipped to a record low in April. Breakdown Of April’s Crypto Losses CertiK’s latest data reveals a substantial decline in the total
Michael Saylor, co-founder and executive chairman of business intelligence company MicroStrategy, went on a Bitcoin (BTC) buying spree in 2020 that has since paid off in a major way. Saylor Turns $1 Salary Into $400 Million According to a Fortune Magazine report, Saylor has reportedly pocketed an estimated $400 million from pre-planned daily sales of
American multinational investment bank and financial services company, Morgan Stanley has revealed intentions to add Spot Bitcoin Exchange Traded Funds (ETFs) into a selection of its institutionally focused funds. This strategic move potentially reflects Morgan Stanley’s intent to expand into the digital asset space while also capitalizing on the growing interest in digital assets. Morgan
Changpeng Zhao, also known as CZ, the founder and former CEO of Binance, one of the largest cryptocurrency exchanges, is awaiting sentencing in a highly-anticipated court hearing in Seattle set to begin on Tuesday. In November, Zhao pleaded guilty to enabling money laundering on the Binance platform, marking a significant development in a case that
Coinbase adopts Bitcoin’s Lightning Network, enabling fast, cheap BTC transactions for its 100M+ users in partnership with Lightspark.
Hong Kong’s financial market witnessed a subdued start for its newly launched spot Bitcoin and Ethereum exchange-traded funds (ETFs), which did not meet initial trading volume expectations. Despite substantial initial issuance sizes, market interest appeared restrained, as evidenced by the trading data for the first day. Spot Bitcoin And Ethereum ETFs See Lukewarm Debut The