News

Mt. Gox Nears Completion of BTC Repayments After a Decade

Mt. Gox, the victim of a 2014 hack and bankruptcy, has reimbursed over 17,000 creditors, totaling more than $2 billion in revived Bitcoin.

Yagyesh Jaiswal

Examine the repayment process put in place by MtGox to compensate those who lost funds at the time of their 2014 hack, detailing key bitcoin distributions and how much has been paid out up until this point - along with a forecast on what's still left.

Donald Trump Launches Crypto-Inspired Sneaker Line

Former US President Donald Trump has debuted an exclusive line of footwear inspired by Bitcoin, available to purchase with crypto following his recent speech at the 2024 Bitcoin conference.

Yagyesh Jaiswal

A limited-edition sneaker line inspired by the visual of Bitcoin has been announced today by former US President Donald Trump. The launch follows Trump's keynote address at the 2024 Bitcoin Conference in Nashville, Tennessee last Saturday.

BTC Indicator Signals Potential Surge According to Analyst

A key Bitcoin indicator known as Bollinger Bands has tightened significantly, leading analysts to believe a sizeable price movement may be on the horizon.

Yagyesh Jaiswal

Key Bitcoin indicators are flashing signs a significant price shift could be on the horizon as measures of the cryptocurrency's volatility compress to their lowest point since last summer.

Record $445 Million Bet on Trump vs Harris Election on Polymarket

Explore How The upcoming presidential election Race Has Fuelled Record New Betting Volumes on Polymarket Including The Inside Look At The Current Betting Odds.

Yagyesh Jaiswal

Polymarket Betting has hit A record new high of $445 million on the Trump V.S Kamala presidential battle as total July trading hits $1 billion during tremendous political events.

Sun Advocates for China to Reassess Anti-Crypto Stance

Justin Sun demands that China retreat from its anti-crypto position referring to Trump’s pro-Bitcoin actions; pointing out that policy rivalry in the US and China could be beneficial for the crypto industry as a whole.

Yagyesh Jaiswal

Tron founder Justin Sun calls out China to repeal its harsh regulations on crypto in response to Trump’s support for Bitcoin saying that healthy crypto regulations competition around the globe is healthy for the industry.

Solana Outperforms Ethereum in Weekly Fee Revenue

Explore how Solana overtook Ethereum for the first time in weekly revenue fees utilizing new transactional frameworks and a memecoin frenzy.

Yagyesh Jaiswal

Weekly charges earned in Solana surpassed Ethereum as trading of memecoins and enhancement of the network surged.

BTC Fails to Break Past $70K Resistance

Bitcoin's price has been unable to push past the key $70,000 resistance level in recent weeks, with bears maintaining their hold over the top cryptocurrency.

Yagyesh Jaiswal

Bitcoin traders are paying close attention to the formation of lower highs above $70k as bulls have yet to muster enough momentum for a decisive breakout from the resistance.

Kamala Harris' VP Pick Raises Red Flags for Crypto

Vice President Kamala Harris is considering Michigan Senator Gary Peters as her running mate in the upcoming 2024 elections, scaring cryptocurrency advocates because of his anti-crypto position.

Yagyesh Jaiswal

With rumors spreading that Vice President Kamala Harris may choose Michigan Senator Gary Peters as her running mate in the November elections, prominent figures in the industry are expressing concerns about what this could mean for the future of cryptocurrency.

TRON Outpaces ETH in Recent Revenue According to New Data

According to recent network activity data, TRON processed more transactions than Ethereum for the first time, resulting in higher revenue on the blockchain.

Yagyesh Jaiswal

According to blockchain data, TRON processed $1.42 million in transaction fees within 24 hours, which is higher than Ethereum’s $844,276.

SEC to Drop Third-Party Token Allegations in Binance Case

The SEC plans to alter its lawsuit against Binance by stripping out references to tokens such as Solana and Polygon from the complaint.

Yagyesh Jaiswal

The U.S. Securities and Exchange Commission (SEC) said in a court request that it plans to amend its complaint, notably omitting assertions such as those claiming various third-party assets listed on platform Binance - like Solana's SOL or Polygon/Polygon MATIC - constituted unregistered securities.

RFK Commits to BTC as a Strategic Reserve Asset in Election Campaign

Explore how Presidential candidate RFK Jr plans to make Bitcoin as a strategic reserves asset for America toward strengthening the nation’s economy and fighting inflation through the possession of a large number of Bitcoins.

Yagyesh Jaiswal

RFK Jr, a presidential candidate, plans to make Bitcoin a strategic reserve asset of America and detailed a Blue-Print for the USA to restore economic stability.

Senator Lummis Proposes Bill for US Bitcoin Strategic Reserve

Explore the bill proposed by senator cynthia Lummis where she seeks to set up the strategic reserve of the U. S around One Million Bitcoins for sovereignty and also act as a reservoir in balancing the national debt.

Yagyesh Jaiswal

US Senator Cynthia Lummis has filed a bill to create a one million Bitcoin US strategic reserve in the next few years for enhanced national financial security and potentially cut on the national debt.

Celebrity Tokens Experience Dramatic Decline in Value

Learn the harsh reality of the poor performance and risk of celebrity tokens, with an overall 90% loss in market representation, in addition to specifics and expectations on specific tokens.

Yagyesh Jaiswal

The majority of celebrity tokens launched on Solana are down by an average of 90%, and even the best ones are still in the red. However, some celebrities continue to actively participate in this market.

Coinbase Login Hacker Sentenced to 42 Months in Prison

A UK hacker has been sentenced to 42 months in prison for phishing 500 Coinbase accounts that had nearly $1 million worth of funds.

Yagyesh Jaiswal

Elliot Gunton created fake Coinbase login pages to steal usernames and passwords from 500 victims, resulting in $900K in stolen cryptocurrencies. He has been sentenced to 42 months in prison for his part in the elaborate phishing scam.

Donald Trump Promises Regulatory Overhaul at Bitcoin 2024

Former President Donald Trump spoke at the Bitcoin 2024 conference in Nashville on July 27, providing more information about his plan to overhaul cryptocurrency policy should he be re-elected.

Yagyesh Jaiswal

Discover what Trump had to say on supporting innovation, replacing SEC chair Gary Gensler, and a strategic Bitcoin reserve.

RFK Jr. Unveils Bold Bitcoin Agenda at Nashville Conference

At the Bitcoin 2024 Conference in Nashville, Kennedy delivered a keynote addressing his new US Presidential career energized by Bitcoin. The foundation for such activity lies in diverting control to the users.

Yagyesh Jaiswal

Examine RFK Jr's recent proposal to capitalize on Bitcoin's strengths for enhancing American economic strength--if implemented, it would give the United States a leading role in building the world crypto economy and help beat back inflation while reducing reliance on other nations.

Proton Advances Financial Freedom with New Bitcoin Wallet

Swiss privacy firm Proton has launched a Bitcoin wallet to offer its users an easy way for email-based transactions. The product aims to bring the advantages of decentralization among more people.

Yagyesh Jaiswal

Analyze the different reactions to Proton's introduction of a self-managing Bitcoin wallet that can be used straight from their privacy-conscious email and applications. Some crypto fans were thrilled with the idea, but many Proton users thought it took priority over resolving persistent problems.

Bitcoin Jumps 4% As Trump Set To Speak At Bitcoin Event

A highly anticipated speaking engagement by Donald Trump at Wednesday's conference in Nashville stoked Bitcoin’s value.

Yagyesh Jaiswal

Explore the recent surge in Bitcoin prices in line with increasing interest around Trump's comments on cryptocurrency scheduled to take place at the Bitcoin 2024 conference.

Winklevoss Doubts Harris' Shift to Pro-Crypto Amid Elections

Explore Tyler Winklevoss’ doubts on Kamala Harris’ possible shift to pro-Bitcoin amid her political ideologies to engage and be open to the crypto sector.

Yagyesh Jaiswal

Tyler Winklevoss does not fully trust Kamala Harris, as he believes that she is unpredictable in favor of cryptocurrency even though she is looking to join the Bitcoin 2024 convention.

Ethereum ETF Flows Turn Negative as Bitcoin ETFs See Gains

An analysis of the performance of Ethereum and Bitcoin exchange-traded funds (ETFs) on their second trading days reveals that although Ethereum products had overall withdrawals, Bitcoin ETFs saw an increase in investor capital inflows.

Yagyesh Jaiswal

Ethereum ETFs saw net outflows of $133 million following a mixed second day, according to data from fund tracking firm Farside Investors. By contrast, Bitcoin investment vehicles received another $44.5 million despite one provider experiencing redemptions.

Ethereum ETFs Kick Off Trading: Market Eyes on Debut Performance

Ethereum based ETFs begin trading in pre-market today as official market opening begins today, opening up new ways of investing to the enthusiasts.

Yagyesh Jaiswal

Ethereum Exchange Traded Funds began trading in pre-market before they became formally operational for trading which was a big step in cryptocurrency market advancement.

Mt. Gox Continues Repayments with BTC Move to Bitstamp

The trustee of Mt. Gox has made another Bitcoin transfer to help repay those affected by the exchange's collapse in 2014 sending funds to Bitstamp.

Yagyesh Jaiswal

After years of litigation and bankruptcy proceedings, the trustee overseeing the liquidation of defunct exchange Mt. Gox has taken further steps to return assets to users. Approximately 0.02 BTC was sent in multiple transactions from Mt. Gox cold storage addresses to deposit addresses at Bitstamp.

Biden's Exit Paves Way for Crypto-Friendly Democratic Agenda

Explore how Biden’s endorsement of Harris along with his choice to resign from the 2024 race has introduced a new trend within a positive angle in direction of cryptocurrencies as depicted by the Democratic party. Discover the ways in which the whole of the crypto industry will react to this change.

Yagyesh Jaiswal

This non-reelection bid by President Joe Biden poses a distinct and tactical opportunity for the Democratic Party to appear and support the cryptocurrencies. Some of the above strategic shifts may revert the support of crypto votes in the next Presidential Election of 2024.

July's Crypto Inflows Top $3 Billion, Driven by ETFs

The global crypto market reports a net capital inflow of over $3 billion in July primarily in Multi-ETF, Bitcoin & Ethereum. Explore how these inflows contribute to the big scheme of things regarding the cryptocurrencies.

Yagyesh Jaiswal

Asset managers acquired greater than $3 Billion in fresh funds into crypto investment in July mainly due to Bitcoin and Ethereum ETFs. Such rise shows that there is a growing interest in the digital currency market by investors, more so with institutional ones.

Biden's Withdrawal From 2024 Election Liquidates $67M

An analysis of President Joe Biden's announcement in July 2024 that he would not seek re-election in 2024 led to a sharp drop and volatility in cryptocurrency prices, liquidating $67 million in leveraged long positions.

Yagyesh Jaiswal

This report examines the impact of President Biden's withdrawal from the 2024 election on the cryptocurrency market, analyzing price movements and over $67 million in liquidations of leveraged long positions that occurred within 30 minutes following his announcement.