In a significant development for USD Coin (USDC), Coinbase and Circle, the two companies behind the stablecoin, have reached a new agreement that brings changes to its governance and funding.  This move comes at a crucial juncture as USDC faces evolving global regulatory challenges and intensifying competition from other stablecoins, including Tether and the recently […]

Data shows the Bitcoin open interest has continued to climb recently, a sign that another violent move may be brewing for the asset. Bitcoin Open Interest Is Steadily Going Up Right Now In a new post on X, Maartunn, the community manager at CryptoQuant Netherlands, has looked into how the derivative metrics for Bitcoin right […]

Up until this past week, bulls have been in charge of Bitcoin price action, maintaining a series of higher high and higher lows. While that uptrend structure isn’t yet broken, a tool that reveals the underlying strength of a trend points to bears having the upper hand for the first time in 2023. Sideways Bitcoin […]

Mentions of Spot Bitcoin ETFs have been constant in the crypto and traditional investment industries in recent months as many investors wait on the SEC’s decision. However, some players have constantly played down the possibility of Bitcoin spot ETFs taking root in the US market.  One of those who do not believe a Spot Bitcoin […]

The non-fungible token (NFT) market has primarily been in a downtrend in terms of trading volume since this year began and is presently undergoing a significant transformation. Recent data from Stocktwits NFT, a multichain NFT data source has indicated a surging interest in Cardano, especially concerning its NFT floor price index, which has recently surpassed […]

The global crypto market already boasts an impressive market cap of over $1 trillion. However, a report from Northern Trust in collaboration with HSBC, says that this figure could still rise exponentially, and a Wall Street analyst has suggested that XRP is the coin to buy to take advantage of this growth. Digital Assets To […]

The metaverse, a digital realm where individuals immerse themselves in virtual universes and online experiences, has garnered significant attention for its potential to reshape how we interact, work, and play.  However, as the metaverse gains momentum, China’s reported plans to implement a system resembling its infamous social credit system within this virtual landscape are causing […]

The new decentralized social media app Friend.tech has made waves in the past week and has taken the crypto world by storm. Within two weeks of its launch, trading fees from the social media app have grown to rival top cryptocurrencies like Bitcoin and Tron as crypto enthusiasts rush to check what the platform offers. […]

The high prevalence of crypto-related crimes has prompted exchanges to tighten security protocols to mitigate associated risks. In the latest development, cryptocurrency exchange Bitget announced that it is adjusting the “know your customer” (KYC) requirements for users. The crypto exchange noted that its decision aligns with global crypto regulatory requirements aimed at protecting users. Biggest […]

Ethereum (ETH) is once again under the spotlight as the cryptocurrency market flirts with the influence of traditional financial instruments.  The hype centers around the possibility of multiple Ethereum futures exchange-traded funds (ETFs) being listed in the United States. This development, if realized, could emerge as a significant catalyst propelling Ether’s price to unprecedented heights, […]

Data shows the Bitcoin mining hashrate has only continued to rise recently, suggesting that the miners may not care too much about the crash. Bitcoin Mining Hashrate Has Set Another All-Time High As Bitcoin is a Proof-of-Work (PoW) network, chain validators called miners compete with each other using computing power to get a chance to […]

Despite the decentralized nature of cryptocurrencies, authorities have in the past made several seizures of cryptocurrencies. This time around, a recent filing by the Federal Bureau of Investigation (FBI) revealed that the agency confiscated close to $1.7 million worth of crypto between March and July this year.  Ethereum Accounts For Most Crypto Seizures Ethereum, the […]

From the battle to get a Bitcoin Spot ETF approved and the political as well as macroeconomic undercurrents impacting crypto to pioneering platform launches and technological innovations, this week is once again jam-packed with important events. Here’s a deep dive into the top five events you should mark on your Bitcoin and crypto calendar this […]

Bitcoin is displaying signs of resilience in the wake of a significant market sell-off that sent shockwaves across the digital asset landscape. Analysts are now finding solace in a combination of technical indicators and historical trends, underpinning their optimism about Bitcoin’s potential for a rebound. Prominent crypto analyst, known by the moniker TechDev on the […]

Amid swirling rumors and speculations surrounding the trajectory of DOGE) development, the Dogecoin core developer, Mishaboar, has made it evident that he is staunchly against any potential move to a Proof-of-Stake (PoS) consensus mechanism. The discussion has taken center stage after Marshall Hayner, CEO at Metallicus and Co-Founder of FBBT Holdings, initiated a poll probing […]