Blockchain oracle platform Chainlink has expanded its cross-chain capabilities by enabling the Cross-Chain Interoperability Protocol (CCIP) on Coinbase-backed Ethereum layer-2 network Base, allowing developers to easily build cross-chain applications and services.
Several altcoins, including Cardano (ADA), XRP, and Binance Coin (BNB), may experience significant market corrections due to declining liquidity, warns crypto analyst Nicholas Merten. He predicts that BNB could decline by over 38%, XRP could collapse by 70%, and Cardano could drop by more than 37%.
Bitcoin mining company Marathon Digital (MARA) mined an invalid Bitcoin block due to a transaction ordering issue, resulting in the block being rejected by other node operators.
Fetch.AI (FET) price has dropped 20% from its monthly high but increased whale demand and a bounce in NVIDIA stock prices may lead to a bullish price reversal for FET in the coming weeks, potentially reaching $0.30.
Bitcoin and other cryptocurrencies remain stable or slightly higher despite turbulence in the stock market, but this calm may not last.
Many altcoins may not survive the current crypto winter and will experience a depression before potentially resurging in 2025, according to analyst Benjamin Cowen, who highlights the influence of the US Federal Reserve's monetary policy on altcoin behavior.
The judge is working to resolve outstanding issues ahead of Sam Bankman-Fried's trial, including motions regarding expert witnesses and testimony and evidence questions, while Bankman-Fried's defense team seeks permission for him to stay at a temporary residence with a security guard and wear a suit during the trial. The trial is set to begin on October 3rd.
Bankrupt crypto lending firm BlockFi has gained approval from a bankruptcy judge to implement a new plan to pay back customers, which includes compiling a list of the top 50 creditors who did not have secured loans.
Binance, the world's largest cryptocurrency exchange, is selling its Russian operations and fully exiting the country due to potential violations of war-related sanctions and incompatibility with its compliance strategy.
Bitcoin (BTC) and ether (ETH) show signs of correlation to U.S. equities as fear of inflation impacts riskier assets and the Crypto Market Fear and Greed Index dips into "fear" territory.
SEC Chair Gary Gensler will address the U.S. Financial Services Committee about the Securities and Exchange Commission's focus on AI, predictive data analytics, and the cryptocurrency sector, emphasizing the need for updated rules and protections for investors and issuers in the crypto space.
Cryptocurrency exchange Binance has reached an agreement to sell its Russia business to CommEX in order to fully withdraw from the market due to compliance concerns, with CommEX excluding customers from the US, EU, and certain other jurisdictions.
Bitcoin's implied volatility has surpassed that of Ether for 20 straight days, reflecting traders' higher volatility expectations for Bitcoin compared to its rival cryptocurrency.
The $3 billion Bitcoin options expiration on September 29 may determine the fate of the $26,000 support level, as trading volumes remain low, traditional financial institutions are cautious, and the Dollar Strength Index reaches a 10-month high, all potentially leading to increased market volatility and a potential breach of the support level.
Ripple Labs has appointed a former White House Official as its head of policy and government, following criticisms of the US government's stance against crypto, with the new official responsible for actively engaging with the government to advocate for policies that support the crypto industry and benefit individuals and businesses.
The Shiba Inu (SHIB) ecosystem token bone (BONE) saw a 10% increase in the past 24 hours, reaching a market capitalization of $233 million, after developers fully renounced the deployer contract for bone tokens, boosting its security and increasing trading volumes.
A crypto trader's attempt to travel from New York to Alaska by trading Bitcoin comes to an end due to car issues, but he hopes to set a world record for the longest journey funded solely by cryptocurrency trading.
Despite concerns that Bitcoin inscriptions are causing congestion on the network, there is minimal evidence to suggest that inscriptions are displacing higher-value monetary transfers, according to on-chain analytics firm Glassnode. Inscriptions users tend to set low fee rates and are readily displaced by more urgent transactions, resulting in inscriptions accounting for only about 20% of Bitcoin transaction fees.
Hui Ka Yan, the chairman of bankrupt property developer Evergrande, has been arrested and placed under police surveillance following the company's financial crisis.
The possibility of a government shutdown in the U.S. could have negative implications for the crypto industry's regulatory progress and projects, similar to the effects seen in the previous shutdown in 2018 and 2019, with delays in approvals and a withdrawal of a bitcoin ETF application.
The US Securities and Exchange Commission (SEC) has further delayed the approval of Bitcoin spot ETF applications, setting January 10, 2024, as the final deadline for the Ark/21Shares ETF application, potentially dampening hopes for a spot ETF to be approved by the end of the year.
Chainlink (LINK) is predicted to outperform other altcoins in the next bull cycle due to its solid fundamentals and its role as core infrastructure for numerous projects, according to crypto strategist Altcoin Sherpa. On the other hand, Altcoin Sherpa believes that Rollbit Coin (RLB) may decline in price in the coming weeks. Additionally, Altcoin Sherpa warns that Bitcoin (BTC) could potentially drop close to $20,000 as it struggles to maintain its bullish momentum.
Texas has become the leading state for Bitcoin mining in the United States, hosting 28.5% of the nation's hash rate, thanks to government incentives and favorable conditions.
The U.S. Securities and Exchange Commission (SEC) has delayed its response to spot bitcoin ETF applications from Ark 21Shares and Global X as it extends the deadlines amid budget negotiations and the potential for a government shutdown.
BlockFi's liquidation plan has been approved by a US bankruptcy court, bringing the crypto lending platform one step closer to repaying its 100,000-plus creditors.
The US Securities and Exchange Commission (SEC) has extended its deadline to consider the approval of a spot Bitcoin ETF offering from ARK 21Shares, setting a final deadline for January 10, 2024, as it takes the maximum time allowed to reach a decision on the matter.
Four members of the United States Congress are urging SEC Chair Gary Gensler to approve the listing of spot Bitcoin exchange-traded funds (ETFs) immediately, claiming that the SEC is discriminating against such products despite legal precedent. They argue that spot BTC ETFs would provide increased investor protection and transparency.
Coinbase is leading a major lobbying effort in Washington D.C. to garner support for new regulations in the cryptocurrency industry.
A bipartisan group of lawmakers is urging the U.S. Securities and Exchange Commission (SEC) to approve bitcoin exchange traded funds (ETFs), arguing that the SEC should follow court rulings and cease efforts to block regulatory approval.
Blocknative, a provider of Ethereum blockchain tools, is discontinuing its MEV-Boost Relay service due to economic underperformance, urging users to remove it from their configurations. CEO Matt Cutler cited a lack of economic incentives and concerns over centralization as reasons for the decision.
Ripple has hired Lauren Belive, former government official and policy director, as its head of U.S. public policy and government, as the company works to advocate for policies supporting the crypto industry amid its ongoing lawsuit with the SEC.
Political pressure is causing delays in the approval of a Bitcoin spot ETF, but CEO of BitGo, Mike Belshe, remains optimistic that Bitcoin's price will reach its record high of $69,000 within the next 18 months.
A multichain world could be the solution to the challenges faced by blockchains, allowing for easier technological progress and interoperability, although some argue for the benefits of a single chain that can handle all transactions.
Bitcoin, Ethereum, and Solana could experience significant price declines, with Bitcoin potentially dropping by over 20% and Ethereum and Solana also facing dips, according to crypto strategist Kaleo.
A new report by the Federal Reserve Banks of Boston and New York concludes that stablecoins, such as Tether and USD Coin, have similar vulnerabilities as money market funds and could potentially inject instability into the broader financial system.
Bitcoin's price and U.S. Treasury yields may not have a direct causal relationship, as correlations between Bitcoin halvings and treasury yields do not indicate a consistent impact on Bitcoin's price in the months following the events.
Binance's liquid staking ether experienced a sudden inflow of $500 million, bringing its total locked value to $1.2 billion, as the exchange minted $502 million worth of wrapped Binance ETH tokens, following its previously announced plan to convert BETH to WBETH.
Bitcoin price remained under pressure at $26,200 as the idea of higher interest rates for a longer period causes concern in financial markets, while the rise in rates is affecting equity markets and may lead to a recession, according to JPMorgan CEO Jamie Dimon.
Serial entrepreneur Gary Vaynerchuk's brand VeeFriends has partnered with Mattel Inc to create a physical collectible featuring a VeeFriends character and the iconic Masters of the Universe brand's Skilled Skeleton character.
According to a study by Pantera Capital, 97% of cryptocurrency industry employees receive their salaries in government-issued currencies, with only 3% being paid in cryptocurrencies, primarily USDC, USDT, and bitcoin. The global median pay for engineers in the industry is $120,000, with North American engineers earning $193,000. Additionally, 88% of crypto industry roles are remote, and 20% of respondents reported receiving token incentives in their compensation packages.
Stablecoin issuer Circle Internet Financial has expanded its euro-pegged stablecoin EURC to the Stellar blockchain, allowing for enhanced European remittance corridors and cross-border payments.
Chase UK, the British challenger bank brand of JPMorgan, has prohibited customers from purchasing cryptocurrency starting October 16, citing the increasing use of crypto assets by fraudsters to steal money from people.
The main barrier to the adoption of crypto is not the user experience, but rather the lack of products that meet people's needs, indicating a product-market fit problem rather than a UX problem. Building crypto products that address core human needs such as belonging, community, and entertainment is crucial for achieving widespread adoption.
Non-fungible token (NFT) collection Pudgy Penguins is expanding into the real world by debuting its Pudgy Toys collection in 2,000 Walmart stores in the U.S., bridging the gap between physical and digital play and aiming to build a stronger brand.
Elon Musk's dream to die on Mars reflects his unwavering determination to push the boundaries of human exploration and make life multi-planetary, as he envisions a self-sustaining colony on the Red Planet. Despite facing skepticism and challenges, Musk's commitment to advancing space exploration has already left an indelible mark on the future of space exploration and inspired a new era of innovation.
Bitcoin (BTC) remains stable above $26,000 as traders monitor resistance levels, while analysts suggest that Bitcoin is entering a period of positive seasonality, with October historically being a lucrative month for BTC hodlers.
The U.S. Treasury has sanctioned an Ethereum wallet linked to Jimenez Castro, a Mexican male affiliated with the Sinaloa cartel, for operating a money laundering organization involved in illicit fentanyl sales.
Chase Bank in the UK will prohibit crypto transactions starting October 16 due to an increase in fraud and scams related to crypto assets.
Immunefi has launched an on-chain system called "Vaults" that allows Web3 developers to escrow funds and pay bug bounties to white hat hackers, aiming to incentivize more top-tier bug reports by demonstrating allocated funds.
Payment processing giant MoneyGram is set to launch its own noncustodial crypto wallet on the Stellar network, allowing users to convert digital assets to fiat and strengthen the company's focus on cross-border remittance and payment settlements.