As the crypto sector has seen an uplift recently, traders have been wondering if the altcoin season is here. Here’s what Glassnode says. Glassnode’s Altcoin Season Indicator Shows Largest Risk-On Signal In 2 Years In its latest weekly report, the on-chain analytics firm Glassnode has discussed what the altcoin market is looking like right now. […]

The Chicago Mercantile Exchange (CME) Group witnessed a record-shattering performance in the third quarter with regards to the trading of Bitcoin and Ethereum futures and options contracts. The increase in trading activity serves as evidence for heightened involvement of institutional investors in the market for cryptocurrency derivatives. The main focus of open interest in offshore […]

In a recent report by Reuters, online payment system company PayPal announced plans to bolster its market value by $4 billion, seeking to streamline operations to appease investors. However, investor optimism was tempered by disclosing a subpoena from the US Securities and Exchange Commission (SEC) related to PayPal’s stablecoin PYUSD. PayPal’s $4 Billion Value Boost […]

SafeMoon, a once-promising cryptocurrency, has been thrust into a scandal of monumental proportions, as its founder and top executives are facing charges of fraudulent activities and money laundering. The US Department of Justice’s recent allegations have shaken the crypto community and raised concerns about the integrity of digital currency investments.  The charges leveled against the […]

Ripple recently released its Q3 2023 XRP Markets Report as part of the company’s efforts to provide transparency and updates on “key industry developments and crypto markets movements.” The report also highlighted some of the impressive strides the company made in the third quarter of this year.  How The Crypto Market Fared in Q3 2023 […]

St. Galler Kantonalbank (SGKB), a pillar of Swiss banking since 1868, has officially expanded into cryptocurrency services, offering its clients the opportunity to trade and custody Bitcoin (BTC) and Ethereum (ETH). This strategic move is facilitated through a partnership with SEBA Bank, a FINMA-regulated entity specializing in digital assets, as Swiss news outlet CVJ.CH reports. […]

MicroStrategy, the business intelligence company co-founded by Michael Saylor, has witnessed a substantial gain of $900 million on its extensive Bitcoin holdings, bolstered by the growing optimism surrounding the potential approval of spot Bitcoin exchange-traded funds (ETFs).  In a results filing on Nov. 1, the firm revealed that it had added 6,067 Bitcoin (BTC) to […]

The Bitcoin mining hashrate and difficulty have been on a tear recently, continuing to notch new all-time highs. Both metrics have reached their highest levels as the BTC rally has resumed and the question now is if this will translate into setting a new all-time high for the price. Bitcoin Mining Difficulty And Hashrate At […]

The recent JPEX scandal has scarred the reputation of Hong Kong’s crypto industry, raising questions about the future of web3 and digital assets in the region. However, a speech by the region’s Financial Services and Treasury Secretary, Christopher Hui, at the ongoing Hong Kong Fintech week put minds at ease. Hui declared that the $165 […]

According to records from Shibburn, it appears that Shiba Inu‘s burn rate for the month of October saw a significant decline in the total number of Shiba Inu tokens that were destroyed in comparison to the total number that was destroyed in September. Shiba Inu’s Burn Rate Fell Significantly Shibburn has revealed that the Shiba […]

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), is gradually coming to an end as the defendant’s fate could be decided starting on November 2. The defendant faces up to 110 years if found guilty of all charges by members of the jury.  Time For A Verdict In […]

In a recent statement via X (formerly known as Twitter), Jurrien Timmer, the Director of Global Macro at Fidelity, expounded on Bitcoin’s latest market movements and reiterated his view of the digital asset as “exponential gold.” “Bitcoin is on the move again (following the pattern of previous boom-bust cycles, so far). What to make of […]

Elon Musk has never shied away from expressing his opinions on the ever-evolving landscape of cryptocurrencies. While his fondness for digital currencies, notably Dogecoin, is widely known, his stance on non-fungible tokens (NFTs) appears to be less enthusiastic, as highlighted in a recent interview on the Joe Rogan podcast. NFTs, or non-fungible tokens, represent unique […]

In a recent exchange on X (formerly Twitter), Charles Hoskinson, founder of Cardano, commented on criticisms and misunderstandings arising within the ADA community. In response to a user’s exasperation over apparent internal criticisms, Hoskinson robustly defended IOG’s strategy and commitment to growth. Cardano Founder Promises Growth “I seem to notice a lot of this lately. […]

Avalanche, a high throughput blockchain using the Snow Protocol for consensus, is joining Cosmos, according to the latest Interchain Foundation (ICF) update on October 31. Interchain Foundation, the non-profit organization that stewards the Cosmos ecosystem, revealed that the Landslide Network, a platform bridging IBC-enabled platform to Avalanche, is developing a light client on Avalanche. This client […]

Cardano (ADA) recently made a significant announcement regarding its scaling solution, Mithril. The project has released a research paper called “Mithril 2,” which highlights the concrete results of its efforts.  Launched on the Cardano mainnet in July, Mithril has now introduced what the developers call “innovative cryptographic techniques” to prove knowledge of a large dataset […]

Going by the handle “@bkiepuszewski,” one X user contends that the transaction processing speed (TPS) metric analysts rely on to measure how fast a blockchain network like Ethereum or the BNB Chain processes transactions is flawed. Laying out reasons on X, the decentralized finance (DeFi) researcher is convinced that using an alternative metric, the User Ops per […]

In a recent development, PayPal has been registered by the Financial Conduct Authority (FCA) to offer crypto asset activities in Britain. This move comes as PayPal establishes a post-Brexit base in the UK, reflecting its commitment to serving the British market. According to a Reuters report, the crypto market in the UK awaits its first […]

In a strategic move to strengthen its financial regulations, Turkey is set to introduce stringent laws governing crypto-assets. This decision is part of a broader effort to address the Financial Action Task Force (FATF) concerns and secure removal from its ‘grey list’ of nations with “inadequate” measures against money laundering and terrorist financing. Related Reading: […]

Cardano continues to be a major player among the large cryptocurrencies and the price of its native ADA token has not escaped the attention of crypto analysts. One such analyst has made a very bullish prediction for the digital asset that has captured the attention of Cardano community members. Crypto Analyst Says ADA Price To […]