San Francisco-based fintech provider, Portal, has raised $34 million to support the development of its bitcoin-based decentralized exchange (DEX) and non-custodial wallet, aiming to offer a decentralized infrastructure for peer-to-peer swapping of bitcoin across different blockchains without the need for intermediaries.
Meme coin Floki Inu has blocked users in Hong Kong from accessing its staking programs after the local regulator flagged them as "suspicious investment products," but the move has not negatively impacted the tokens' prices.
A Chicago man, Robert Powell, has been arrested for allegedly participating in a "SIM swap" scheme that resulted in the theft of $400 million in virtual currency, along with additional funds from other victims, by gaining control of telephone numbers and manipulating sensitive data.
Bitcoin exchange-traded funds (ETFs) have been approved by the SEC, making it easily tradable but it is argued that bitcoin is neither money nor gold.
Bitcoin gained 3% overnight ahead of the U.S. Federal Reserve's interest rate announcement, with hopes that interest rates will remain unchanged and that there may be a hint of lowering rates later in the year. Meanwhile, Solana's native token, SOL, has surpassed $100 for the first time since January 18, and the Ovols meme coin is preparing for an airdrop on Jupiter.
Cryptocurrency exchange Binance now allows large traders to store their assets at independent banks, such as Swiss banks Sygnum or FlowBank, potentially due to users' concerns over Binance's regulatory disputes and the bankruptcy of rival exchange FTX.
Crypto analyst Jason Pizzino predicts that altcoins will experience significant gains in the coming months, following a historic pattern, as the total crypto market cap, excluding Bitcoin and Ethereum, may enter a strong uptrend after the upcoming Bitcoin halving event in April.
BRICS members UAE and China settled a cross-border transaction using the Digital Dirham, bypassing the US dollar and potentially impacting the global dominance of the US currency.
The team behind crypto project Floki is taking measures to address concerns raised by Hong Kong's regulator, including implementing warning notices, blocking Hong Kong users from staking programs, and pausing offline marketing, in response to the high annualized percentage yield (APY) of their staking programs.
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' advocates for the inclusion of Bitcoin and silver in investment portfolios, expressing confidence in the leading cryptocurrency despite his limited knowledge about it.
The prices of bitcoin and luxury watches were positively correlated until the second half of 2023 when excitement around a bitcoin exchange-traded fund (ETF) caused a divergence, with bitcoin prices rising and luxury watch prices declining due to institutional interest and tightening monetary policy.
Australian blockchain entrepreneur Sam Lee has been charged with conspiracy to commit fraud in the US for his alleged involvement in operating the HyperVerse crypto investment schemes, which are described as a "pyramid and Ponzi scheme" that defrauded investors of $1.89 billion.
Neuralink owner Elon Musk announced that the first person to receive the brain device is doing well, which could potentially allow individuals with serious injuries or mobility limitations to operate electronic devices through thought, while unrelated cryptocurrency token NEURALINK saw a significant price surge of 3,400% in response.
InvestorPlace suggests three high-growth cryptocurrencies with solid technology and use cases behind them that have the potential to deliver significant returns: MILC Platform (MLT-USD), ScPrime (SCP-USD), and iExec RLC (RLC-USD).
A computer chip developed by Neuralink has been successfully implanted in its first human test subject, marking a milestone in the field of Brain-Computer Interface (BCI) research and paving the way for controlling external devices with brain activity.
Solana (SOL) is predicted by analyst Bluntz to experience a significant upward rally of around 50% after completing an ABC corrective wave, while Moonriver (MOVR) is also expected to see bullish movement, flying under the radar according to the analyst.
Binance Labs accuses SkyArk Studio of misrepresenting its investment in the anime-style fantasy game and violating the investment contract by falsely claiming that Binance Labs led a recent funding round, when in reality the investment was made in 2021 as part of an incubation program. SkyArk Studio apologized for the miscommunication and stated that Binance remains the largest investor.
China's yuan is poised to challenge the US dollar as the world's reserve currency, according to Wall Street analyst Richard X Bove, who predicts that China will surpass the US economy and gain control of the global economy and money.
Bitdeer Technologies, a Singapore-based Bitcoin miner with a partnership with Nvidia, is generating significant revenue and is predicted to have upside potential, making it an attractive investment for Bitcoin enthusiasts.
Immutable zkEVM, a gaming-centric Ethereum layer-2 network developed by Immutable and powered by Polygon's zkEVM technology, has launched its mainnet in early access, offering developers the opportunity to build on the chain and create frictionless experiences for users.
Chris Dixon, partner at Andreessen Horowitz, believes that blockchains will eventually overthrow tech giants like Meta and Alphabet, offering a more decentralized and equitable approach to the internet. He discusses the challenges of decentralized governance, token economics, and regulation in optimizing blockchain technology.
Several billionaires, including Chamath Palihapitiya, Mark Cuban, Ricardo Salinas, and Tim Draper, have shared their advice on Bitcoin, with Palihapitiya predicting a rise to $100,000 per BTC and Cuban emphasizing the technology's potential for competitive advantages in various industries. Salinas sees Bitcoin as a superior form of money resilient against governmental interference, while Draper views it as a fundamentally superior currency. These differing viewpoints reflect the growing interest in Bitcoin and its diverse strategies.
Bitcoin holders currently have strong hands and are reluctant to sell their coins, as indicated by a shallow drawdown in Bitcoin's recent price correction, according to Glassnode's lead on-chain analyst.
Former hedge fund manager Su Zhu, known for his controversial past in the crypto industry, is now recommending that people spend time in prison, claiming it to be an enjoyable experience, as he tries to rebuild his reputation and regain influence.
The launch of Solana's WEN meme coin experienced a rapid decline in price after hundreds of billions of unclaimed tokens were burned, resulting in a significant reduction in supply.
The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is offering investors a 33% annual distribution yield through its synthetic covered call strategy.
Bitcoin futures trading has surged as the launch of spot ETFs in the US this month has sparked interest and arbitrage opportunities, with the CME Group reporting a record high of daily exchanged contracts and open interest reaching $6 billion.
The debut sale of "Quantum Cats" Bitcoin inscriptions by Taproot Wizards was delayed due to technical issues, causing a high demand and server overload.
Former Goldman Sachs executive Raoul Pal believes that there is a 20% chance Bitcoin (BTC) could repeat a "bubble" price pattern similar to the 2011-2013 cycle and potentially reach $500,000, while giving a 60% chance of a normal cycle leading to a price of $150,000, and a 20% chance of a front-loaded cycle reaching $150,000 faster before fading.
The creation of 1 billion USDT by Tether has sparked excitement in the cryptocurrency market, potentially indicating increased demand for Bitcoin and leading to a surge in its price, which surpassed $43,000; in addition, the success of BlackRock's spot Bitcoin ETF reflects growing institutional acceptance, and prominent investors predict a bullish future for Bitcoin, with some estimating its value to reach $400,000.
Despite the recent lukewarm sentiment towards cryptocurrencies, there are some blockchain stocks that have growth potential, including Coinbase, Riot Blockchain, and Nvidia, according to Wall Street analysts. These stocks are expected to experience double-digit growth in revenue and earnings per share, driven by factors such as institutional liquidity and increased acceptance of cryptocurrencies as investments.
Outflows from Grayscale's bitcoin ETF (GBTC) were still greater than inflows into other funds last week, with GBTC seeing $2.2 billion of net outflows compared to $1.8 billion in net inflows for newly-opened U.S. bitcoin ETFs, according to CoinShares, although the pace of GBTC outflows has slowed.
Solana decentralized exchanges briefly surpassed Ethereum exchanges in trading volume due to an impending token airdrop, highlighting the increasing pressure faced by Ethereum from Solana's cheaper and faster transactions.
Banmeet Singh, a man from India, has pleaded guilty to trafficking drugs using the dark web, resulting in the largest seizure of cryptocurrency in DEA history, and has forfeited over $150 million in cryptocurrency accounts.
Skybridge Capital founder Anthony Scaramucci predicts that Bitcoin could reach $170,000 after the upcoming halving in April, and could eventually increase to $400,000, half of the market capitalization of gold.
The meme coin BONK has seen significant growth in the past year and could benefit from a dropoff in activity of its competitor SHIB, but its trading has declined recently.
Outflows from Grayscale and other major crypto fund managers have led to a dip in Bitcoin prices, but newly launched Bitcoin ETFs in the U.S. have seen significant inflows.
MixMob, a Solana gaming platform, is set to launch its MXM token and will airdrop 63 million tokens to early supporters, including buyers of MixBot NFTs and players of the game's incentivized beta.
Cryptocurrency exchange OKX has announced the addition of support for various token standards, including Atomicals, Stamps, Runes, and Doginals, as well as plans to launch a marketplace in the future, highlighting the growing popularity of on-chain inscriptions as a "new canvas" for Web3 creators and emphasizing the long-lasting nature of inscriptions compared to traditional NFTs.
Bitcoin is considered the ultimate cryptocurrency to invest in with $1,000 due to its historical performance, dominant market position, and unique characteristics, offering simplicity and long-term price appreciation.
Bitcoin is the cryptocurrency deserving of a $1,000 investment today due to its historical performance, market dominance, and distinct characteristics.
PayPal's venture arm has invested $5 million in digital assets startup Mesh using its PYUSD stablecoin, which aims to increase the circulation of the stablecoin and contribute to the advancement of embedded finance and native stablecoins.
Bitcoin whales, addresses that own 1,000 BTC or more, have accumulated $3 billion in holdings, surpassing flows into Bitcoin exchange-traded funds (ETFs), as they anticipate the 2024 halving and exploit market fluctuations caused by the approval of ETFs by the US Securities and Exchange Commission (SEC).
The Financial Stability Oversight Council (FSOC) is paying attention to the crypto sector and has the power to designate companies as threats, subjecting them to new restrictions and supervision, although it has yet to take such action. The council has expressed concerns about stablecoins and warned of potential risks, indicating that it may take steps if comprehensive legislation is not enacted. However, experts find it unlikely that the FSOC will designate a crypto firm as a systemic risk, and some believe the council may be using potential risk designations as leverage in shaping legislation.
LayerZero V2 is a protocol that enables permissionless, censorship-resistant, and immutable interoperability between more than 20 chains, offering features such as universal messaging, modular security, permissionless execution, unified semantics, and V1 compatibility.
41% of WEN tokens are still unclaimed as the Solana meme coin's airdrop deadline approaches, with each wallet able to claim 645,652 tokens worth $109.
Bitcoin whales have accumulated over $3 billion worth of BTC in less than 30 days, with the amount of Bitcoin held in wallets with over 1,000 Bitcoin sharply rising, according to crypto intelligence firm IntoTheBlock. Additionally, the analytics firm highlights the fear, uncertainty, and doubt (FUD) surrounding Grayscale's spot market BTC ETF, with $4.3 billion in outflows casting doubt on the success of BTC ETFs.
Cryptocurrency analyst Muro predicts a 6% rise in Dogecoin's value and believes that it is likely to "pop," following an increase in its price over the weekend.
Solana's price has broken out from a corrective pattern, and the future trend will depend on its price movement this week, with analysts predicting a potential increase to $150 or a drop to $72 depending on the reaction to the $100 resistance level.
A trader earned over $1.6 million by investing in the memecoins WEN and BONK on the Solana blockchain, according to on-chain data from Lookonchain.