MANTRA Chain has raised $11 million to develop a network for trading tokenized real-world assets, with plans to secure regulatory approval in the Middle East, positioning itself as a platform for others to build their own RWA businesses.
The Hyperledger Foundation has welcomed new members Citi and the Brazilian Development Bank, and announced the launch of a financial services working group, among other developments in the world of blockchain technology.
The Bank of Japan (BOJ) raised its benchmark interest rates by 10 basis points, causing Bitcoin to fall and potentially discouraging yen carry trades, while traditional markets remained steady; the BOJ's future actions will be dependent on incoming data rather than being on autopilot mode, which could bring pain to risk assets including cryptocurrencies.
The global crypto market experiences a decline with Bitcoin dropping 7% and Ethereum falling 10%, resulting in liquidation of long positions and significant losses for meme coins.
Solana-based meme coin Slerf has experienced massive trading volume, surpassing all Ethereum-based exchanges, after its developer accidentally sent all raised funds to a burn address, resulting in a surge in demand and price increase. Efforts are being made to compensate presale participants through donations from the Solana community and trading fees from exchanges.
Bitcoin, the world's first decentralized digital currency, has revolutionized finance since its creation in 2009 and has seen a remarkable journey from zero to $73,000, becoming an integral part of the world of finance.
Bitcoin short-term holders took profits last week, contributing to a marketwide tumble that saw overall capitalization drop 8% in the past 24 hours, while major tokens like ether, SOL, BNB, and ADA slumped more than 9%.
Gaming company Square Enix has invested in HyperPlay, a crypto-native game launcher, in a move described as "strategic fundraising," with plans to bring its Symbiogenesis game to the platform. HyperPlay, which has already raised $12 million in funding, aims to improve game distribution and create more beneficial business models for developers.
Grayscale's CEO, Michael Sonneshein, has announced that the fees for the bitcoin exchange-traded fund (GBTC) will decrease over time, as the fund has experienced significant outflows due to its high fees compared to competitors.
New York City is emerging as the epicenter of the cryptocurrency industry as Bitcoin reaches new highs, with investors flocking to the city and billions of dollars being poured into Bitcoin by major financial firms.
Solana decentralized exchange Jupiter is donating current and ongoing SLERF fees to help the SLERF presale participants after $10 million worth of funds were accidentally burned in the Sol Incinerator, highlighting the recent frenzy over Solana meme coin presales.
During this crypto bull market, Ethereum (ETH) is predicted to experience rallies of up to 125% according to a popular analyst, who also believes that Ethereum's performance is being outperformed by Solana (SOL).
Bitcoin and major cryptocurrencies have experienced a significant decline as traders prepare for a correction, potentially due to stricter regulations under the Biden administration and the anticipation of the Federal Reserve's interest rate decision.
Bitcoin's drop below $64,000 resulted in more than $440 million in losses for futures traders, with significant liquidations on Binance and OKX exchanges, while major cryptocurrencies like Ethereum, Solana, and Dogecoin also experienced losses.
The Coinbase premium for Bitcoin has disappeared, indicating weaker buying pressure in the US and a potential slide in Bitcoin's price.
Singapore users can now make payments using five cryptocurrencies on the super app Grab, following a partnership with payments firm Triple-A.
Bitcoin is predicted to steal liquidity from altcoins as it embarks on a parabolic rally towards a six-figure price, according to crypto strategist Credible, who uses the Elliott Wave theory to forecast a potential rally to $105,000 before a consolidation period.
Fidelity plans to stake a portion of Ethereum if their ETF application is approved, allowing investors to earn income from staking rewards.
Standard Chartered predicts that Ethereum (ETH) could reach $14,000 by 2025 if spot Ethereum exchange-traded funds (ETFs) receive regulatory approval.
FTX creditors have filed victim impact statements with the Department of Justice, describing the financial and emotional toll they experienced due to the exchange's 2022 collapse and expressing mistrust towards the financial system, ahead of the sentencing of founder Sam Bankman-Fried.
BitMEX is investigating large sell orders that caused a flash crash, as Bitcoin's price briefly dropped to $8,900 on their exchange while remaining above $60,000 on other exchanges, leading to suspicions of whale selling.
Bitcoin is trading above $65,000 despite the highest-ever outflow of Grayscale Bitcoin Trust (GBTC) shares, which is attributed to high fees and competition from Bitcoin ETFs.
Cryptocurrency exchange Binance founder, CZ Zhao, plans to launch a non-profit online education platform called Giggle Academy, providing free basic education and gamified learning for children worldwide. This comes as Zhao faces legal troubles and awaits sentencing on charges related to money laundering.
A UK high court judge has ruled that Dr Craig Wright is not the pseudonymous creator of Bitcoin, Satoshi Nakamoto, after a lawsuit brought by the Crypto Open Patent Alliance (COPA) exposed evidence of forgery and false narratives.
A federal judge has ruled that the U.S. Securities and Exchange Commission (SEC) must pay legal costs for DEBT Box, a crypto company it sued for fraud, after finding that the SEC had committed a "gross abuse of power" in obtaining a temporary restraining order.
The decline in XRP development activity and daily active addresses raises concerns about the future interest and innovation within the XRP ecosystem, potentially exerting downward pressure on the price, especially considering the formation of a bearish signal on the technical analysis charts.
Standard Chartered analysts predict that Ethereum could reach $8,000 by the end of 2022 and $14,000 by 2025 if spot Ethereum exchange-traded funds (ETFs) are approved by the SEC, with the recent network upgrade and lower costs making it "more competitive."
A federal judge has imposed sanctions on the Securities and Exchange Commission (SEC) due to "bad faith" conduct in a lawsuit against crypto company DEBT Box, ordering the SEC to pay for the defendant's attorneys' fees and costs and denying the agency's motion to dismiss the case. The judge criticized the SEC for misrepresenting information and engaging in a "gross abuse of power", adding to the scrutiny of SEC Chair Gary Gensler's enforcement approach in the crypto industry.
Bitcoin Ordinals project NodeMonkes has surpassed Bored Ape Yacht Club in terms of market capitalization, with NodeMonkes' floor price increasing from 0.54 to 0.78 BTC today.
Binance faces allegations of insider trading after one of its employees is accused of boosting the value of the meme coin Book of Memes (BOME), but the exchange denies any connection and launches an internal investigation.
Crypto exchange OKX has stopped supporting cryptocurrency trading pairs with Tether's USDT stablecoin for users in the European Union and the European Economic Area, as it focuses on euro-denominated liquidity and regulatory compliance.
Cash continues to flow into crypto funds at a rapid pace, with a record-breaking $2.9 billion entering funds last week, primarily driven by investments in Bitcoin products such as spot Bitcoin exchange-traded funds (ETFs), particularly BlackRock's iShares Bitcoin Trust which saw $2.4 billion in inflows.
A Solana developer accidentally burned $10 million worth of pre-sale tokens for a meme coin called Slerf (SLERF) after raising funds anonymously on Twitter, but despite the mishap, Slerf gained $2 billion in volume and numerous holders within its first 12 hours of existence.
Block, formerly known as Square, has become a prominent player in fintech, blockchain technology, and bitcoin, with its subsidiaries including Cash App, Afterpay, and Bitkey, leading to the interest of top money managers and expectations of significant earnings growth.
Former Binance CEO Changpeng Zhao has announced an upcoming education project, although details about the project and its association with the Binance platform remain undisclosed.
Standard Chartered analysts predict that Bitcoin will reach $150,000 this year and potentially $250,000 by 2025 if the growth of exchange-traded fund flows continues.
Bitcoin's current bull market run is one of the most robust in history, with the latest price correction being insignificant compared to past cycles, indicating strong demand and suggesting that the uptrend is not over yet.
Fidelity's Wise Origin Bitcoin Fund (FBTC) has attracted approximately $6.9 billion since its launch on Jan. 12, making it the fifth most popular exchange-traded fund (ETF), according to Bloomberg Intelligence data.
US authorities have charged 17 individuals for their involvement in a $300 million crypto Ponzi scheme, where the accused allegedly mishandled customer funds to fund lavish lifestyles and pay returns to others.
Wintermute, a global algorithmic market maker, has withdrawn 158 billion PEPE tokens from Binance, signaling a significant shift in the meme coin's liquidity and raising discussions about its market valuation.
Bitcoin's layer 2 solutions, such as Lightning, drivechains, and Stacks, are expected to see significant growth as more people use Bitcoin for transactions and productive purposes, according to Muneeb Ali, CEO of Trust Machines and co-creator of the Stacks blockchain.
Record inflows of U.S.-listed spot bitcoin ETFs last week could potentially trigger a drop in BTC's price to as low as $59,000 if ETF inflows fall short of expectations, according to 10x Research.
Avalanche (AVAX) and Solana meme coin DogWifHat (WIF) have defied the stagnant crypto market, with AVAX surging by 13.5% and WIF experiencing significant growth in the last 24 hours.
El Salvador's President Nayib Bukele announces plans to transfer a significant amount of Bitcoin to a cold wallet stored in a physical vault within the country.
BNB, the native token for the BNB Chain ecosystem, is expected to outperform Bitcoin in the current market correction, according to crypto analyst Kaleo, who also predicts a breakout for the layer-1 crypto project Injective.
Robert Kiyosaki, author of "Rich Dad Poor Dad," loves Bitcoin because its fixed supply of 21 million tokens ensures that the price will not be affected by changing market conditions or human interaction with supply.
Machankura, a software tool developed by Kgothatso Ngako, allows users to transact with Bitcoin on pre-smartphone mobile devices without an internet connection, bringing financial inclusivity to the financially disenfranchised in Africa.
A Federal High Court in Abuja has ordered Binance Holdings Limited to provide the Economic and Financial Crimes Commission with comprehensive information on all persons from Nigeria trading on its platform, following allegations of money laundering and terrorism financing.
The original picture of Achi the dog wearing a pink beanie hat has been sold for $4 million worth of ETH in an auction on the crypto platform Foundation, with trader GCR winning the bid and causing a 10% increase in WIF prices.
Solana, the fourth largest cryptocurrency by market capitalization, has surged 11% in the past day and surpassed Binance's BNB token, reaching a market cap of $92 billion and causing over $1 million worth of short contracts to be liquidated in the past hour, more than Ethereum or Bitcoin.
