News

Tether Under Investigation by U.S. Authorities: Price Dips

Tether Holdings could be in line for some regulatory action as the company's CEO denies a criminal investigation into its stablecoin.

Yagyesh Jaiswal

Tether Holdings is facing renewed scrutiny from U.S. regulators. The company's chief executive has denied reports of a criminal investigation, emphasizing the company's compliance efforts.

Crypto's Future Bright Post-Election, Says Ripple CEO

Brad Garlinghouse expresses optimism about crypto's future regardless of 2024 election outcome, predicting more pro-crypto Congress. Despite suggesting startups incorporate outside US, he anticipates a positive "political reset" for the industry.

Karim Noun

Brad Garlinghouse expresses optimism about crypto's future regardless of 2024 election outcome, predicting more pro-crypto Congress. Despite suggesting startups incorporate outside US, he anticipates a positive "political reset" for the industry.

Pennsylvania Takes Bold Step in Crypto Rights Protection

Pennsylvania House passes Bitcoin Rights bill with strong bipartisan support, protecting residents' rights to hold and use cryptocurrency. The bill moves to Senate after securing 176-26 vote, potentially impacting 1.5 million crypto owners in this key swing state.

Karim Noun

Pennsylvania House passes Bitcoin Rights bill with strong bipartisan support, protecting residents' rights to hold and use cryptocurrency. The bill moves to Senate after securing 176-26 vote, potentially impacting 1.5 million crypto owners in this key swing state.

Bitcoin Signals Potential Shift to Euphoric Bull Market Phase

Bitcoin shows first positive momentum since June, reclaiming key indicators and displaying strong institutional appetite. Glassnode reports suggest potential shift to euphoric bull market phase, with realized cap reaching record $646 billion amid growing derivative markets.

Karim Noun

Bitcoin shows first positive momentum since June, reclaiming key indicators and displaying strong institutional appetite. Glassnode reports suggest potential shift to euphoric bull market phase, with realized cap reaching record $646 billion amid growing derivative markets.

The Verge: Buterin's Bold Plan to Run Ethereum on Smartwatches

Vitalik Buterin announces 'The Verge,' aiming to make Ethereum accessible on compact devices through stateless clients and SNARKs. The upgrade promises to reduce hardware requirements significantly, enabling transaction verification on devices as small as smartwatches.

Karim Noun

Vitalik Buterin announces 'The Verge,' aiming to make Ethereum accessible on compact devices through stateless clients and SNARKs. The upgrade promises to reduce hardware requirements significantly, enabling transaction verification on devices as small as smartwatches.

ETH ETF in 2024: Growth Potential Despite Initial Challenges

Comprehensive analysis of Ethereum ETFs' market performance, featuring insights from Bitwise CEO on growth challenges, market timing, and future potential in the crypto investment landscape.

Karim Noun

Ethereum ETFs show resilience despite slower start compared to Bitcoin ETFs, with BlackRock's ETHA securing $1.45B in inflows. Market timing and investor focus on Bitcoin cited as key challenges, while long-term growth potential remains strong according to Bitwise CEO.

BTC ETFs Face Significant Outflows; Japan Remains Cautious

The U.S. Bitcoin ETFs see $79.1M outflows while Japan stays cautious over crypto ETF approvals amid contrasting market dynamics.

Yagyesh Jaiswal

U.S. Bitcoin ETFs racked up $79.1 million worth of outflows on October 22, led by ARK 21Shares' ARKB. Japanese regulators have been particularly conservative concerning crypto ETFs, generally holding back adoption against high tax rates and widespread public skepticism.

Crypto Political Donations Hit $190M: 2024 Election Impact

Analysis of cryptocurrency industry's record $190 million political donations, showing growing influence in US politics through bipartisan campaign funding.

Karim Noun

US crypto industry political donations surge to $190 million, marking a 13-fold increase from 2020. Fairshake PAC leads spending with $29 million in September alone, targeting key congressional races across multiple states.

Craig Wright's $1B Bitcoin Core Lawsuit: Latest Analysis

Craig Wright launches a new legal battle against Bitcoin Core developers, seeking over $1 billion in damages. He claims recent protocol upgrades like Taproot and SegWit have deviated from Bitcoin's original design.

Karim Noun

Craig Wright launches a new legal battle against Bitcoin Core developers, seeking over $1 billion in damages. He claims recent protocol upgrades like Taproot and SegWit have deviated from Bitcoin's original design.

Bitcoin Breakout Signals: VanEck's Market Analysis 2024

Explore VanEck's latest Bitcoin ChainCheck report revealing strong institutional demand, rising ETP flows, and growing market dominance signaling a potential Bitcoin breakout.

Karim Noun

VanEck's report indicates Bitcoin is poised for a breakout, driven by $19.4 billion in ETP inflows, strengthening institutional adoption, and increased miner holdings, suggesting a maturing market with strong institutional influence.

Bitcoin Surges as Traders Remain Bullish Ahead of Election

The price of Bitcoin surges high amidst the optimism of its investors, with predictions of crossing $74,000 driven by favorable market conditions and politics.

Yagyesh Jaiswal

Bitcoin surged to a three-month high after more than 70% of traders turned bullish. The changes likely in regulations, coupled with the US elections, are some of the reasons causing the surge.

70% of Institutions Stake ETH: Key Survey Insights 2024

A Blockworks Research report shows 70% of institutional investors are actively staking Ethereum, with over half holding liquid staking tokens. Security and liquidity emerge as top priorities, while Lido Protocol dominates the liquid staking market.

Karim Noun

A Blockworks Research report shows 70% of institutional investors are actively staking Ethereum, with over half holding liquid staking tokens. Security and liquidity emerge as top priorities, while Lido Protocol dominates the liquid staking market.

Tron Records Revenue of $151.2M in Q3: SunPump's Impact

Tron has recorded a Q3 revenue of $151.2 million, up 30% from the increase caused by the SunPump launchpad and the activity of meme coins.

Yagyesh Jaiswal

At the end of Q3 2024, Tron recorded revenue of $151.2 million driven by its SunPump launchpad and meme coins, nearly a 30% increase from the previous quarter, as the development of the decentralized finance landscape is on overdrive.

Dogecoin Surges to New Highs on Social Activity Spree

The price of Dogecoin surged massively due to an increase in social media mentions, and stirrings from recent public utterances by Elon Musk.

Yagyesh Jaiswal

Dogecoin surges in price to an 11-week high while setting a new record in social media engagement. Comments by Elon Musk have piqued interest lately and set price targets at $0.1835.

Do Kwon Allegedly Transacted Crypto from Montenegrin Prison

Reports have it that Do Kwon made crypto transactions from a Montenegrin prison. The situation has raised a lot of concerns about security breaches.

Yagyesh Jaiswal

Do Kwon, founder of Terraform Labs, reportedly made transactions in cryptocurrency from his prison cell in Montenegro. In 72 days, his devices were seized, and besides that, he had access to his accounts. Much more is under investigation as to the extent of his actions.

Vitalik's Surge Plan Targets 100K TPS Goal for Ethereum

Vitalik Buterin aims to achieve 100,000 TPS on the Ethereum blockchain by 2024 through rollups while the competition in the Layer-1 space increases and Ether's price remains subdued.

Yagyesh Jaiswal

Ethereum co-founder Vitalik Buterin hopes to increase that figure to 100,000 TPS in 2024, and do so through Layer-2 rollups to scale further. However, as the Layer-1 space becomes increasingly competitive, the price of Ether has struggled to convince otherwise that Ethereum will be able to keep its position in the market.

Canary Capital Pioneers First US Spot Litecoin ETF Filing

Canary Capital files the first-ever spot Litecoin ETF application in the US. The filing's unique position, due to Litecoin's fair launch and proof-of-work model, sets it apart from recent Solana ETF applications.

Karim Noun

Canary Capital files the first-ever spot Litecoin ETF application in the US. The filing's unique position, due to Litecoin's fair launch and proof-of-work model, sets it apart from recent Solana ETF applications.

Bitcoin Surges to $67,800: Inside the Latest Rally

Bitcoin reaches a 10-week high of $67,800, driven by strong institutional demand and whale accumulation. CryptoQuant reports a 177,000 BTC demand increase, the largest since April, suggesting continued growth potential.

Karim Noun

Bitcoin reaches a 10-week high of $67,800, driven by strong institutional demand and whale accumulation. CryptoQuant reports a 177,000 BTC demand increase, the largest since April, suggesting continued growth potential.

BTC's Rally: A Sign of Investor Readiness for $80K Surge?

Explore how recent crypto market reactions to regulatory hints suggest a bullish trend for Bitcoin, potentially reaching $80K before the upcoming elections.

Karim Noun

Bitcoin's recent rally, sparked by Vice President Harris' comments on digital asset regulation, indicates strong investor optimism. Bitwise CIO Matt Hougan suggests this could lead to Bitcoin targeting $80,000 before the November elections.

Tether Eyes Commodity Trading Expansion

Tether, the USDT stablecoin issuer, is considering expansion into commodities trading and other traditional finance ventures, leveraging its $5.2 billion profit from the first half of 2024.

Karim Noun

Tether, the USDT stablecoin issuer, is considering expansion into commodities trading and other traditional finance ventures, leveraging its $5.2 billion profit from the first half of 2024.

Tesla Moves 11.5K BTC To New Wallets, Sparking Speculation

Tesla moved 11,509 Bitcoin, raising many questions about whether or not the sales will take place, a strong move from the company's strategy regarding the cryptocurrency.

Yagyesh Jaiswal

Tesla moved 11,509 Bitcoins into new wallets, worth about $773 million on October 16, 2024. This raises speculations over the possible sales of the cryptocurrency. It is the first on-chain transfer by the company in more than two years.

Trump Fundraising Reaches $7.5M While WLFI Sale Struggles

Crypto donations to Donald Trump surged to $7.5 million while the highly hyped WLFI token sale raised just 3.4% of its target.

Yagyesh Jaiswal

Ahead of the election in 2024, crypto donations to Donald Trump's campaign have reached $7.5 million. However, the WLFI token sale his family launched is undersubscribed, having attracted just 3.4% of its $300 million target.

Bitcoin Breaks $63K: More Upside Ahead?

Bitcoin surpasses $63,000 resistance level. Discover key on-chain metrics suggesting potential for further price increases.

Karim Noun

Bitcoin breaks $63,000 resistance, with Bitfinex analysts predicting more upside potential based on key on-chain metrics and market resilience despite recent volatility.

Bitcoin's Historic Sideways Trading in Halving Year

Bitcoin is experiencing an extended sideways trading period post-halving, potentially the longest in its history. Despite reaching a new all-time high before the halving, the market shows signs of an extended re-accumulation phase.

Karim Noun

Bitcoin is experiencing an extended sideways trading period post-halving, potentially the longest in its history. Despite reaching a new all-time high before the halving, the market shows signs of an extended re-accumulation phase.

ETC Group: Hold ETH, SOL, APT Amid Market Shifts

ETC Group recommends holding Ethereum, Solana, and Aptos due to their strategic importance in the layer-1 blockchain space, despite recent market challenges and shifts in network dominance.

Karim Noun

ETC Group recommends holding Ethereum, Solana, and Aptos due to their strategic importance in the layer-1 blockchain space, despite recent market challenges and shifts in network dominance.