Cooperation from FTX's chief software engineer helped expedite the conviction of crypto-crook Sam Bankman-Fried, who was sentenced to 25 years in prison for corporate fraud and stealing billions in customer funds from the FTX exchange.
Bitcoin Cash will be undergoing a halving on April 3rd, resulting in a reduction of block rewards for miners.
The U.S. SEC has started accepting comments on three proposed ether spot ETFs, but analysts are less optimistic about their approval compared to bitcoin ETFs, as the SEC has been investigating whether ETH should be classified as a security.
Former Ethereum advisor, Steven Nerayoff, hints at releasing groundbreaking disclosures today, referred to as ETHgate, alleging fraud, corruption, and preferential treatment within Ethereum since its inception. However, critics question his motives and the evidence to substantiate these claims.
Cross-chain protocol Wormhole's W token launched with a price of $1.66 before dropping to $1.31, resulting in a market capitalization of nearly $2.4 billion, making it the 54th biggest digital asset.
ECB staff in Frankfurt are upset after the lunch canteen stopped serving extra virgin olive oil, causing an internal outcry and forcing caterers to bring it back.
Cathie Wood attributes bitcoin's rise to currency devaluations in Nigeria, Egypt, and Argentina, noting that it serves as an "insurance policy" against rogue regimes and unfavorable fiscal policies, while reiterating her price target of $1.5 million.
Coinbase is partnering with Lightspark to integrate the Bitcoin Lightning Network, allowing users to benefit from fast and cost-efficient BTC transactions off of the main blockchain.
Shiba Inu (SHIB/USD) has witnessed significant whale transactions, indicating a potential major price movement ahead, as large amounts of tokens were transferred to various wallets and exchanges, including Robinhood and Kucoin.
The founder of venture capital firm Pomp Investments, Anthony Pompliano, believes that Bitcoin's price will continue to appreciate due to various catalysts and historical precedent, with economic anxieties and hopelessness potentially driving the price appreciation.
Bitget's new meme coin MOEW has quickly gained popularity, surpassing the trading volume of the largest meme coin on the Base network and recording a $31 million market cap within hours of its release.
Bitcoin has been bullish throughout 2023 and 2024, with a target of $80,000, and shorting it in a bull market is not advisable as dumb traders who keep things simple tend to be more successful.
A group of central banks, including those from the U.K., Japan, and Switzerland, are collaborating on Project Agorá to explore the integration of tokenized commercial bank deposits with tokenized wholesale central bank money to enhance the monetary system and make use of smart contracts in a public-private financial platform.
"The Halvening NYC," a collaborative event organized by Nolcha Shows and Gamma.io, highlights the rise of Bitcoin Ordinals and their impact on the NFT space, signaling a shift towards bitcoin as a prominent blockchain platform for innovation and technological advancements.
Crypto influencers Nic Carter and David Hoffman are set to face off in a no-holds-barred fight as part of the Karate Combat series during CoinDesk's Consensus conference in Austin, Texas, with each representing Bitcoin and Ethereum respectively.
Coinbase stock has pulled back and traders can consider a bull put spread trade to profit if the stock stays above $220 with a potential return of 31% in three weeks.
Asset tokenization, driven by blockchain technology, is set to reshape traditional finance by democratizing access to illiquid assets, streamlining financial processes, and redefining ownership in the digital age, with the potential for a multi-trillion dollar market. Furthermore, the rise of Bitcoin exchange-traded funds (ETFs) and the recognition of blockchain's transformative potential by global institutions further highlight the growing appeal and adoption of cryptocurrencies and tokenization in the financial industry.
Ethena Labs' ENA token, which is the governance token of their decentralized finance protocol, has nearly doubled in price overnight and is currently trading at around $0.93, up 49% in the past 24 hours.
Cross-chain bridge Wormhole has launched an airdrop for its newly issued governance token, W, with an opening price of $1.66 and a market capitalization of $2.98 billion on Solana-based decentralized exchange OpenBook, leading to heavy congestion and temporary downtime.
MicroStrategy chairman Michael Saylor reminds the public about the limited supply of Bitcoin, with only 21 million BTC units ever to be issued, making it a scarce commodity and potentially encouraging people to buy the cryptocurrency.
Cryptocurrencies such as Filecoin, Dash, and Polygon are poised to make millionaires as they offer unique features and address the challenges faced by established cryptocurrencies like Bitcoin and Ethereum. Filecoin aims to transform global data storage, Dash focuses on privacy and anonymity, and Polygon solves Ethereum's scalability issues.
ARK Invest's spot Bitcoin ETF, ARKB, experienced net daily outflows of $87.5 million on April 2, surpassing Grayscale's GBTC for the first time, while Bitcoin ETFs collectively saw net inflows of $40.3 million.
Kroy Biermann accuses his estranged wife, Kim Zolciak-Biermann, of hiding her excessive spending habits and submits a spreadsheet detailing her alleged purchases, including luxury store expenses and Bitcoin investments.
Bitfinex has launched perpetual futures tied to bitcoin and ether volatility indices, allowing traders to bet on expected price turbulence in the top two cryptocurrencies. The futures are based on Volmex Finance's bitcoin and ether implied volatility indices and are settled in tether (USDT).
The cumulative supply of the top three stablecoins has reached its highest level since May 2022, indicating that capital continues to flow into the crypto market, providing reassurance to bitcoin bulls despite its recent loss of momentum.
Bitcoin outflows from the ARK 21Shares ETF surpassed those of Grayscale's Bitcoin Trust for the first time, with ARKB losing $88 million versus GBTC's $81 million, while BlackRock's IBIT and Fidelity's FBTC led the sector's net inflows of $40 million.
Memecoins were the most profitable crypto narrative in Q1 2024, with an average return of 1312.6%. Other profitable narratives included RWA with 285.6% returns and AI with 222.0% returns. DeFi, DePIN, Layer 1, GameFi, and Layer 2 had moderate to low returns.
Bitcoin analyst PlanB predicts that Bitcoin could experience a 4X gain during this market cycle, with a potential price peak of $600,000 to $1,000,000 in 2025, according to his stock-to-flow model, but warns of expected volatility and corrections along the way.
Bitcoin hovers near $66,000 as crypto futures rates and open interest decrease, potentially signaling the end of a two-month rally due to resurgent Treasury yields and the possibility of delayed rate cuts by the Fed.
Coinbase suffered a preliminary court loss in a case with the SEC, with the judge ruling against the company on several key arguments regarding the nature of cryptocurrencies and whether they qualify as securities.
Polygon (MATIC) price has experienced a decline but is potentially entering an uptrend, making it a profitable addition to portfolios, as historical data suggests that this accumulation zone often precedes rallies.
Wormhole, the cross-chain protocol, is set to launch its governance token, W, with a massive airdrop of 617.3 million tokens to over 400,000 wallets, aiming to reward early adopters and contributors from various chains including Solana and Ethereum. The launch will be followed by spot trading of the token on major exchanges, with Binance cautioning users about the token's higher risk and volatility.
OpenSea, the leading NFT marketplace, is adapting to changing trends by supporting the ERC721-C Ethereum NFT token standard, which allows creators to enforce royalty fees on secondary market trades, as part of its transition to OpenSea 2.0.
Bitcoin exchange-traded funds (ETFs) experienced net outflows of $85.7 million, with the exception of Grayscale's GBTC, as bankrupt crypto companies redeem shares and investors seek funds with lower fees. This has caused a dip in the price of Bitcoin, which is now trading at $65,348 per coin.
Ethena Labs has launched its governance token, $ENA, and expanded its stablecoin, USDe, with the aim of being more decentralized, accessible, and secure, but the company has faced controversy and criticism over its approach and protocol stability. However, the coin has still attracted investor interest, becoming the 80th most valuable cryptocurrency with over $1.2 billion in market capitalization. The protocol's operation, including the minting and redeeming of USDe, is complex and relies on Ethereum collateral, introducing layers of risk. Ethena uses delta hedging to ensure stability but also requires a governance token for emergency strategy changes. The protocol employs an Off-Exchange Settlement mechanism for asset management and balances centralization and decentralization. Overall, Ethena's approach presents challenges and makes it difficult to understand, but it is available for trading and farming on various platforms.
ProShares has launched two spot Bitcoin exchange-traded funds (ETFs) that offer magnified returns on Bitcoin itself, rather than the futures market, highlighting the strong demand for spot Bitcoin ETFs and the growing popularity of ETFs for trading, with more products flooding the market after the approval of spot Bitcoin ETFs by regulators.
Popular crypto analyst Credible predicts that Ethereum (ETH) could surge past $10,000 and possibly rally as high as $20,000 based on his belief that Bitcoin will see significant gains as well.
Bitcoin, Ethereum, and Dogecoin experienced a decline in price due to concerns surrounding interest rate cuts and cooling spot Bitcoin ETF demand, although the broader crypto rally may still continue.
FTX founder Sam Bankman-Fried was charged and convicted of fraud and conspiracy after the cooperation of the cryptocurrency exchange's chief software engineer helped investigators uncover the theft of $8 billion in customer funds.
Crypto exchange Coinbase is warning investors to approach Bitcoin's upcoming halving event with caution, urging them not to rely solely on past performance as an indicator of future success, and stating that price movements are influenced by various factors such as market sentiment, adoption trends, and macroeconomic conditions. Coinbase also highlights the impact of institutional interest, particularly the addition of Bitcoin exchange-traded funds (ETFs), and stresses the importance of educating policymakers about the industry. Coinbase assures that it is prepared for the halving and believes this event is just another milestone in the industry's journey, rather than a defining moment.
Ethereum is facing a significant correction as it falls 6% and loses the RSI 50 level, leading traders to advise patience and strategic position-building in the face of potential price corrections.
Goldman Sachs continues to have a negative stance towards cryptocurrencies, stating that they have no value and that clients have shown no interest in exposure to the asset class.
Meme coin Jeo Boden (BODEN), based on President Joe Biden, is gaining popularity and offering rewards to investors who bring BODEN signs to a Trump rally in Michigan, with the goal of raising awareness and potentially increasing the price even higher.
Custodia Bank, a Wyoming crypto bank, is considering an appeal after a district judge denied its access to the Federal Reserve's banking facilities, stating that judges have concluded the Federal Reserve is more powerful than one of the U.S. states.
The United States Department of Justice has moved some of its $2 billion worth of seized Bitcoin to a Coinbase deposit address, possibly in preparation for a planned sale of the cryptocurrency.
Crypto trader Altcoin Sherpa advises patience with trading the Shiba Inu coin, as it is unlikely to achieve a significant return at this point, although it may have some moments flipping Dogecoin.
The Lightning Network, once hailed as the solution to Bitcoin's scalability issues, is losing faith as developers walk away, bugs and complaints accumulate, and liquidity dries up on the network.
The US government has transferred over $2 billion worth of Bitcoin seized from Silk Road to Coinbase, although the government has not yet confirmed the transaction.
Notcoin, a viral Telegram-based clicker game, has announced plans to launch its NOT token on The Open Network (TON) around April 20, the same date as the Bitcoin halving, after attracting over 35 million players during its mining phase.
Argentina has implemented a registry requiring virtual asset service providers to register, disappointing those hoping for a bitcoin-friendly leader like El Salvador, which made bitcoin legal tender in 2021.