Former President Donald Trump declared that central bank digital currencies (CBDCs) pose a threat to freedom and vowed to prevent their creation in the United States if re-elected, aligning with Florida Governor Ron DeSantis and other political figures against CBDCs. This opposition reflects a broader discussion on the future of money and the balance between financial innovation and individual liberties.
Customers of Mt. Gox, the crypto exchange that was hacked in 2014, are reporting progress in receiving repayments in bitcoin or bitcoin cash, potentially impacting BTC prices.
There is a 70% chance that Coinbase will have its lawsuit dismissed by the end of the second quarter, according to Bloomberg senior litigation analyst Elliott Stein, as the exchange has strong arguments against the SEC's claims that its tokens are unlicensed securities.
A Colorado pastor and his wife are accused of running a cryptocurrency fraud scheme, collecting $1.3 million from members of the Christian community, spending the money on luxury items and claiming the cryptocurrency is "worthless."
OKX's native exchange token (OKB) experienced a significant drop followed by a recovery in just three minutes due to liquidations triggered by abnormal price fluctuations, with the exchange planning to compensate users for losses and improve risk control rules to avoid similar issues in the future.
Bitcoin analyst Benjamin Cowen predicts that Bitcoin is entering a correction phase as it reaches $40,000, potentially dropping to $15,355.
The battle for investors' money in the Bitcoin ETF market is heating up, and experts suggest that newcomers should consider acquiring Grayscale, the leading player in Bitcoin investing, which recently received approval to convert its Grayscale Bitcoin Trust (GBTC) into an ETF. Grayscale currently holds $22 billion in assets, far ahead of BlackRock and Fidelity, and an acquisition could help a company gain both market share and credibility in the crypto space. However, uncertainties surrounding Grayscale's parent company and legal issues may impact the timing of a potential acquisition.
Bitcoin has the potential to reach $60,000 by 2024 due to a confluence of factors including monetary policy, weakening US dollar, inflation dynamics, increased correlation with traditional assets, changes in the mining industry, and positive regulatory developments.
The launch of the first Bitcoin (BTC) spot ETFs in the U.S. has sparked renewed interest in the cryptocurrency among institutional investors who can now easily gain exposure to Bitcoin without dealing with complexities like digital wallets and private keys; other recent developments such as the launch of inscriptions and the BRC-20 token standard have further enhanced Bitcoin's appeal by allowing for the creation of non-fungible tokens (NFTs) and fungible tokens on its network, respectively; these advancements have narrowed the gap between Bitcoin and other smart contract platforms, making it more attractive for developers to build projects on or connected to the Bitcoin network.
JPMorgan downgraded Coinbase to underweight, citing potential disappointment with the launch of spot bitcoin exchange-traded funds (ETFs) in 2024, which could deflate enthusiasm, lower token prices, and reduce trading volume and revenue opportunities for the cryptocurrency exchange.
A pastor and his wife have been charged with fraud for allegedly creating a cryptocurrency and using the proceeds to fund their luxurious lifestyle, targeting Christian communities with false promises of wealth.
The US Securities and Exchange Commission (SEC) had suspended a key security procedure on its social media account, allowing hackers to make a fake post about Bitcoin and manipulate its value, prompting cyber-security experts to call for increased security measures across governmental agencies.
Bitcoin's price dropped below $39,000 due to the aftermath of Bitcoin ETF share selloffs, causing a decline in the market.
A physician moonlighting as a financial sleuth and writer has made notable bearish calls on the cryptocurrency industry, including the exposure of a regional lender that resulted in its shutdown, gaining him recognition as the best bearish call of 2023.
FaZe Clan, a popular esports organization, has announced a multi-million dollar sponsorship deal with crypto gambling platform Rollbit to support its top-ranked Counter-Strike 2 team outside of North America.
The Avalanche Foundation has released an eligibility framework for meme coins, outlining rules that creators must follow in order for their coins to be purchased, including independence from creators, native to the Avalanche blockchain, and meeting certain criteria such as market cap and trading volume.
The U.S. Securities and Exchange Commission (SEC) revealed that a fake tweet announcing the approval of a Bitcoin ETF was the result of a SIM swap attack, where an unauthorized party gained control of the SEC's Twitter account by changing the SIM card associated with the account's phone number.
Ripple (XRP), a blockchain network focusing on cross-border transactions, faces challenges in the form of regulatory uncertainty and competition from major players like JPMorgan Chase, making it a risky investment with limited potential for adoption by large financial institutions.
Bitcoin could be poised for a parabolic rise if it repeats a historical pattern, according to the co-founders of crypto analytics firm Glassnode. They highlight a bull flag correction in the weekly chart and a target of $120,000 if the pattern is replicated in this bull market.
The Guppy Multiple Moving Average indicator, which signaled a bullish trend for Bitcoin in mid-October 2021, is now showing a potential bearish signal as the green band is about to cross below the red band, indicating growing bearish momentum.
The Cardano (ADA) price has decreased and is currently trading close to the support line of a long-term corrective pattern, with a bearish trend indicated by the RSI reading and Elliott Wave count.
Major tokens, including bitcoin, have experienced significant declines due to institutional sales linked to newly launched exchange-traded funds (ETFs), with some tokens dropping over 20% in the past week, while short-term investors are exiting at a loss and analysts predict further price corrections in the market.
Bitcoin exchange-traded funds (ETFs) are unlikely to be the main catalyst for a bull market, but they could attract more inflows and contribute to Bitcoin's price increase when the cryptocurrency breaks all-time highs, according to macroeconomist Lyn Alden.
The bitcoin market is showing no signs of capitulation or a price bottom, with option market indicators reflecting persistent fears of further price declines, despite the recent decline in BTC to $40,000 since the start of spot ETF trading.
Former US President Donald Trump reaffirmed his opposition to central bank digital currencies (CBDCs) and their potential threat to freedom in a recent rally, stating that he will prevent their introduction in America.
Bitcoin has dropped nearly 20% since the launch of the first exchange-traded funds (ETFs) investing directly in the token, as investors become more cautious about their potential impact.
A pastor in Colorado has been accused of pocketing $1.3 million through a cryptocurrency fraud scheme, claiming that God told him to do it, and using the funds for personal benefit including a home remodel, luxury items, and vacations.
A Colorado pastor and his wife allegedly scammed $1.3 million from Christian communities through a cryptocurrency fraud scheme, claiming that God told them to do it.
A new documentary called "Eternal You" explores the emerging business of creating AI avatars of the dead, but experts question the psychological and ethical impact of the practice.
Crypto analyst Altcoin Sherpa predicts that BNB will experience higher prices this year, while Solana is expected to correct to around $70 and Injective's INJ token may pull back below $30.
Elon Musk's social media platform, X, will launch a new payment feature that may or may not include cryptocurrency payments, including Shiba Inu (SHIB), but there is no official confirmation yet.
Palworld, an indie game that combines cute monsters with survival gameplay mechanics, has become a massive hit, selling over 5 million copies in just three days and attracting controversy for its "Pokémon with guns" concept and rumors of AI-generated design, despite technical issues and missing features on the Xbox version.
A Bitcoin Ordinals inscription from the Quantum Cat project sold for over $250,000 at Sotheby's auction house, with the wider collection set to be sold for $1,097,000 worth of Bitcoin.
A new macOS malware exploit has been discovered targeting Bitcoin and Exodus wallet users, with the malware replacing wallet applications with its own infected version to steal cryptocurrency stored in the wallets. Users are advised to update their operating system, install anti-malware software, and only download apps from official stores for protection.
Rep. Maxine Waters has expressed concern over Meta's (formerly Facebook) expansion into the cryptocurrency industry, citing the company's active trademark applications related to digital assets services and blockchain technology, despite Meta's previous claims of not being engaged in such endeavors.
A bug in Ethereum's Nethermind client software highlighted the need for client diversity in the Ethereum ecosystem, as the network relies heavily on the Geth client, which could pose serious consequences in the event of a critical outage. The recent outages have reignited concerns about Ethereum's lack of client diversity and the potential financial penalties that could be incurred by Geth-based validators.
NBA champion Dwight Howard's collection of 3,000 NFTs on the Avalanche network, called "Ballers by Dwight Howard," has received a dismal response with only a few buyers and a floor price below the mint price, leading to Howard's attempt to salvage the situation by redesigning the collection and offering incentives to collectors, but those efforts have largely failed as well. Ava Labs, the company behind the Avalanche network, distanced themselves from the project, stating that they had no involvement and that the days of celebrity-backed NFT collections succeeding solely based on their popularity are over.
Crypto hedge fund Alameda Research has dropped its lawsuit against Grayscale, allowing the failed brand's new management to sell shares in its recovery fund, as it continues to retrieve customer funds lost after FTX went bankrupt in 2022.
A recent airdrop of 21,000 digital inscriptions called RSICs, promoted as the first ever rune of Bitcoin, has sparked mystery and skepticism within the Ordinals community due to conflicting claims and lack of transparency about the project's origins and protocol.
Binance, the largest crypto exchange, is launching perpetual contract support for the altcoin project Ondo Finance, which focuses on tokenizing real-world assets and is led by former Goldman Sachs employees.
The U.S. Securities and Exchange Commission confirmed that a hacker took control of their Twitter account through a "SIM swap" attack on a cell phone associated with the account, allowing the hacker to falsely tweet about the approval of spot bitcoin ETFs before the agency actually did so.
A digital art image called "Genesis Cat" has been sold in a Sotheby's auction for $254,000, more than 12 times the estimated price, as part of the broader sale of Ordinals inscriptions on the Bitcoin blockchain. This sale follows the success of previous NFT auctions on the Ethereum blockchain and has caused congestion on the Bitcoin blockchain, drawing criticism from some purists.
Tokenization project Ondo Finance, backed by Coinbase, plans to expand to the Asia Pacific region with the opening of its first office and partnerships with Mantle and Solana, following a 60% surge in the price of its token over the last seven days.
Crypto firm Terraform Labs, behind the failed stablecoin TerraUSD, has filed for bankruptcy and is facing lawsuits from the SEC and in Singapore after the collapse of its cryptocurrency Luna in 2022.
The price of bitcoin falls below $40,000 for the first time since December, despite inflows into new spot exchange-traded funds, leading to a bearish trend and a predicted decline in prices.
The poor performance of Bitcoin's price since the launch of U.S.-based spot ETFs can be partly attributed to significant sales of bitcoin from the Grayscale Bitcoin Trust (GBTC), while fresh investments into the new spot ETFs may be greater than previously estimated.
BitMEX founder Arthur Hayes has purchased a Bitcoin put option with a $35,000 strike price, anticipating that the cryptocurrency will drop below $40,000 due to the upcoming U.S. Treasury announcement, and believes that Bitcoin's recent decoupling from the S&P 500 indicates a potential bearish event at the end of the month.
Dogecoin's value surged to a weekly high of US$0.09 as speculation grew around X Payments potentially adopting the meme-inspired cryptocurrency, fueled by tech mogul Elon Musk's fondness for Dogecoin and his launch of X Payments.
A new trading API called Tx Relay has been launched by 0x Labs, enabling "gasless" swaps on Ethereum and Polygon by covering all gas fees, reducing the likelihood of failed transactions due to insufficient gas.
The number of global cryptocurrency holders increased by 34% in 2023, reaching a total of 580 million by December, primarily driven by the growth of Bitcoin and Ethereum.