Solana (SOL) whales have orchestrated a series of transactions totaling a staggering $180 million. The blockchain community is busy with speculation as Whale Alert, a platform that tracks large transactions in the crypto space, reported two significant movements.The first transaction involved ...

The Securities and Futures Commission (SFC) of Hong Kong has issued a stern reminder to virtual asset investors and trading platforms regarding regulatory compliance and the impending deadline for licensing. As of February 29, 2024, any virtual asset trading platform (VATP) operating in Hong Kong ...

Polygon has solidified its position as the leading blockchain for non-fungible tokens , clinching the top spot, according to data from Coin98 analytics. The scaling network has demonstrated unparalleled performance by minting over 16 million NFTs, outpacing all other blockchains. Notably, ...

A savvy trader on Solana blockchain has managed to turn a modest investment into a staggering profit in just 5 hours. LookOnChain, a prominent crypto analytics platform, has reported that the trader, armed with only 18 $SOL (equivalent to $1,758), successfully amassed a jaw-dropping 7,197 $SOL, ...

Hong Kong s preparing to launch a public consultation regarding a new regulatory framework specifically tailored for over-the-counter (OTC) crypto venues. These include both physical shops and online platforms engaged in virtual asset (VA) transactions. The decision stems from instances where ...

In 2024, the crypto market is poised for a promising year, with leading institutions unveiling comprehensive research reports that shed light on the industry’s focal points. According to Vernacular Blockchain’s review of reports from 23 major institutions, several trends are expected to dominate ...

In a surprising twist, tech behemoth Meta is gearing up for a crypto-market plunge following the recent surge in popularity of well-regulated products like Bitcoin ETFs. Over the past 20 days, Bitcoin ETFs have witnessed substantial inflows, with the trend catching the attention of major players in ...

In a startling development, Ripple, a prominent cryptocurrency company, is at the center of attention as Whale Alert, a cryptocurrency tracking platform, reports an unconventional transfer of 800 million XRP, equivalent to $404.86 million, into Ripple accounts. This significant transaction ...

Dogecoin has experienced an extraordinary surge in adoption, with more than 890,000 new DOGE addresses created in the past seven days. The adoption rate skyrocketed to 86% as newly onboarded users engaged in their first transactions, according to insights from IntoTheBlock. This surge in activity ...

Bitcoin, the world’s leading cryptocurrency, is showing promising signs of a potential uptrend as market analysts dissect the intricacies of its recent price chart. Notably, Jake Wujastyk, a respected market analyst, has highlighted the emergence of an inverse head and shoulders pattern on the ...

Crypto brokerage firm Genesis has settled with the U.S. Securities and Exchange Commission , bringing an end to a year-long legal battle concerning its Earn product. The company has agreed to pay a $21 million civil penalty to resolve the litigation and benefit the debtors’ estates. It plans to ...

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, ...

Jito Labs is an infrastructure provider involved in mitigating the effects of maximal extractable value (MEV) on Solana. Market analysts believe that its success in the field of anti-MEV solutions could be beneficial for AI crypto Telegram trading bot Bitbot (BITBOT) and its growth and token ...

The XRP cryptocurrency has recently faced a turbulent period marked by a significant drop in market value, reaching the precarious $0.50 mark for the first time since October 19, as reported by analytics firm Santiment. Despite this decline, an intriguing trend has emerged, with a surge in whale ...

30 - Vitalik is the leader crypto has always needed: In the absence that Bitcoin founder Satoshi Nakamoto left, someone has had to keep the ethos of decentralization, censorship-resistance and credible neutrality alive. Buterin has faced the touch job of remaining in the limelight while ...

A new beginning awaits stablecoin issuer Celsius Network LLC as it officially exits bankruptcy, marking the culmination of an intense restructuring process. The crypto firm, which concluded its financial reorganization on January 31, 2024, disclosed this information in a press release. The ...

Ethereum (ETH) has regained its footing, reaching a value of $2,345 for the first time since the downturn that began on January 22nd, as reported by Santiment. The recent surge is seen as a promising sign for the overall health of the network.Key metrics, including active addresses and ...

Binance, the world’s largest centralized exchange (CEX), has maintained its dominance in the market, capturing 43.7% of the total spot trading volume in December 2023. A recent report from CoinGecko titled “Market Share of Centralized Crypto Exchanges, by Trading Volume” revealed that Binance’s ...

Mesh, a digital assets startup that aims to make crypto transactions more secure and convenient, has received a $6.5 million investment from PayPal’s venture arm. The deal is remarkable because $5 million of the investment was made in PayPal’s stablecoin, PYUSD, which was launched in August last ...

Bitcoin advocate and Jan3 CEO, Samson Mow, has provided an in-depth analysis of the supply and demand dynamics of the spot Bitcoin ETF. He has highlighted the factors that support his ambitious projection of a $1 million price target for the premier cryptocurrency.Taking to his official X ...

Tether (USDT) has emerged as a significant player, with a recent development catching the attention of market observers. While Bitcoin and Ethereum have witnessed a steady movement of their respective supplies off exchanges following ETF approvals, Tether has seen a notable reversal, with ...

ETF could potentially alter the financial market landscape in a strategic maneuver, as analysts anticipate Charles Schwab, a prominent financial services firm overseeing $8.5 trillion in client assets, might soon venture into the cryptocurrency domain with the launch of its exclusive spot Bitcoin ...

The cryptocurrency market has seen a significant recovery over the past year, regaining much of the value it lost during 2022’s major crash. With the U.S. Securities and Exchange Commission’s recent approval of several spot bitcoin exchange-traded funds (ETFs), crypto seems to be gaining mainstream ...

Harvest Hong Kong, one of China’s leading fund companies, has officially submitted an application for a Bitcoin spot ETF to the Hong Kong Securities and Futures Commission. This marks a significant development as the first institution in Hong Kong to seek approval for a Bitcoin spot ETF....

Amidst the expansive realm of digital currencies, Bitcoin emerges as a transformative presence, challenging conventional understandings of money and financial systems. As we unveil the intrigue surrounding this digital asset, a fundamental inquiry emerges: What is the visual identity of ...

Jan. 29 (PROTOCOL VILLAGE EXCLUSIVE): ZkLink a multi-Chain ZK Rollup and layer-3 protocol, has successfully completed a $4.68 million sale on CoinList in its latest Community Token Sale. According to the team, "The 31,250,000 million tokens offered represented just over 3% of the total ...

David Fuelling, a well-known engineer at RippleX, has shaken up the XRP community by presenting a comprehensive proposal for the overhaul of the governance structure of the XRP Ledger Foundation (XRPLF). Fuelling took to X to announce his proposal, stating, “Yesterday, I published a proposal ...

FTX, the crypto firm embroiled in fraud allegations, has been increasing its cash reserves by selling some of its crypto assets, according to Bloomberg. The company filed for Chapter 11 bankruptcy in November 2022 and is looking for ways to repay its customers and potentially resume its exchange ...

In a recent announcement, the Hong Kong Securities and Futures Commission (SFC) has alerted the public to exercise caution regarding two investment products, the “Floki Staking Program” and the “TokenFi Staking Program,” both associated with the Floki ecosystem.These staking services claim to ...

In a surprising turn of events, renowned trader Raoul Pal has once again expressed unwavering confidence in Solana (SOL), doubling down on his bullish stance for the cryptocurrency. In a recent X post, Pal hinted at a potential bull run for SOL amid a pivotal moment for the coin following a ...

In the ever-fluctuating world of cryptocurrency, Bitcoin (BTC) has exhibited resilience following its recent dip, leaving investors and analysts speculating about its next move. As the crypto market regains footing, altcoins have yet to experience a full-fledged price correction.Bitcoin ...

Santiment, the blockchain analytics platform, has reported that XRPLedger has achieved a significant milestone with a staggering 5.02 million distinct wallets now holding more than 0 $XRP coins. It marks a historic moment in the cryptocurrency’s decade-long journey in the public trading sphere....

In the wake of former Binance CEO Changpeng Zhao’s guilty plea, cryptocurrency exchange Binance.US is encountering regulatory challenges in the United States. Regulators in Florida and Alaska have informed Exchange.US that it is no longer permitted to provide services to residents in those states, ...

Matrixport, a leading cryptocurrency analytics firm, made a bold prediction regarding the future of Bitcoin’s price movements. The report anticipates a dip in the market, with Bitcoin likely to fall to the crucial support level of $36,739.Source: CoinMarketcapAccording to Matrixport ...

The much-anticipated bullish upswing following the launch of the Spot Bitcoin ETF has faltered, casting a bearish shadow across the cryptocurrency markets. Investors are grappling with minor upswings in Bitcoin prices, which, unfortunately, are triggering significant pullbacks.As a ...

Ethereum’s Dencun upgrade has successfully debuted on the testnet Goerli, marking the first of three significant steps before its imminent launch on the ETH mainnet. Following in the footsteps of last year’s Shapella upgrade, Dencun is poised to revolutionize the Ethereum ecosystem with its ...

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, ...

In a pioneering endeavor that merges cutting-edge technology with fundamental scientific inquiry, a team of chemists led by Bartosz A. Grzybowski from the Korea Institute for Basic Science and the Polish Academy of Sciences has harnessed the power of blockchain to delve into the mysteries of early ...

Polygon has laid down the blueprint for the next era of blockchain scaling This groundbreaking approach is called “Aggregation.” Traditionally, blockchain scaling has been approached through two paradigms: Monolithic and Modular. The so-called Aggregation model aims to combine the synergies of both ...

In a media briefing on Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler clarified that the agency’s recent approval of spot bitcoin exchange-traded products (ETFs) exclusively applied to bitcoin and not other cryptocurrencies. Addressing speculation about the potential ...

In the ever-evolving world of cryptocurrencies, Dogecoin (DOGE) stands out as a unique digital asset, originally conceived as an Internet meme.As of the latest real-time update, Dogecoin is trading at $0.078 USD. Our forward-looking analysis suggests a modest 2.92% increase, projecting a ...

Level of access: it refers to how closely an investor can interact with or from a digital asset in its purest form (on-chain). The more off-chain layers or wrappers around an asset, the less level of access. For example, the spot bitcoin ETF is a traditional (offchain) financial product backed 1:1 ...

The U.S. Securities and Exchange Commission has extended the timeline for deciding on BlackRock’s proposed spot Ethereum Exchange-Traded Fund until March, with a final decision deadline that might extend to August 7, 2024. This postponement, outlined in a filing by SEC Assistant Secretary ...

Texas-based bitcoin mining firm Core Scientific has successfully made its return to Nasdaq, resuming trading on Wednesday following a strategic reorganization in the aftermath of its Chapter 11 bankruptcy filing in 2022. The company revealed that its restructuring plan enabled a substantial ...

In the latest market developments, Ethereum has witnessed a substantial decline, testing the crucial $2,150 support level. Despite attempts at recovery, ETH struggles to regain ground and is poised to move towards the $2,000 support zone. The downtrend initiated with Ethereum’s fall below the ...

Hopes for a spot XRP exchange-traded fund (ETF) are hanging in the balance, with analysts expressing skepticism about the likelihood of regulatory approval in the near future. The ongoing legal tussle between the United States Securities and Exchange Commission (SEC) and Ripple is casting a shadow ...

ETHEREUM'S DIVERSITY PROBLEM. In the blockchain tech context, "client diversity" refers to the goal of having multiple software programs – known as "clients" – available for node operators and validators to access networks; as the thinking goes, if one of these clients goes down, due to a bug ...

The fate of the Ethereum (ETH) spot exchange-traded fund (ETF) approval remains a hot topic, with conflicting opinions from various parties. FoxBusiness journalist Eleanor Terrett recently provided insights into the divergent views surrounding the potential approval of an Ethereum spot ETF. ...

Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central of Nigeria has disclosed.Withdrawals from these accounts will only be possible by transfer or through a manager’s cheque, the apex bank explained. It revealed this in a new ...

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