Dexalot Launches First Central Limit Order Book Subnet on Avalanche with $1M+ in IncentivesDexalot’s novel infrastructure enables users to access a decentralized trading protocol with a centralized exchange experience.Dexalot, a decentralized cryptocurrency exchange has launched on an Avalanche Subnet, marking a new milestone in the evolution of decentralized trading protocols.The Dexalot Subnet aims to replicate the user experience of a centralized exchange (CEX) without compromising on decentralization and…
Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized…Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized Finance MarketIntainMARKETS’ Subnet Facilitates Efficient, Cost Effective, and Transparent End-to-End Asset Issuance, Investment, and Administration.Intain Inc., a leading structured finance platform, has launched IntainMARKETS, a marketplace for tokenized asset-backed securities built as an Avalanche Subnet. By launching as a Subnet, IntainMARKETS aims to…
Avalanche Explorer Gets a Brand New Upgrade for All P-Chain DataThe new tool pulls up-to-the-second data on validators, rewards, Subnets, and more.Ava Labs has launched a brand new explorer for Avalanche’s P-Chain, providing deeper visibility into all P-Chain activities from staking to granular transaction details. As one of three main chains in Avalanche’s Primary Network, the P-Chain maintains validators and empowers builders to launch Subnets. The…
Avalanche Park X Ed Balloon Concert Series to Launch in DTLA in February with Emerging NFT ArtistsThe inaugural event offers a new way to experience music through Web3, giving fans NFT-gated access benefits and digitally stamping music on Avalanche.On February 23 in Downtown Los Angeles, the Avalanche Park x Ed Balloon concert series will open with a show at WisdomeLA, an immersive art and entertainment park that has geodesic domes with…
Developer Spotlight: Usman Asim has Big Plans for Rust and ZKs on AvalancheThe Chainstack Dev plans to run his own dApp on the VM once production-ready, ideally on an Avalanche Subnet.The tech Usman Asim needed for his dApp didn’t quite exist. He had a big idea, but also a problem set without a clear solution.He needed a blockchain with leading speed, decentralization, and flexibility. He needed the…
Nigeria SEC declares Binance operations in country illegalThe Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world's largest crypto trading platform Binance, illegal
OECD introduces tax reporting framework for crypto industryOECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8
Crypto trading firm moves $9.8m of polygon tokens to Coinbase, Binance, MATIC price tankingChicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase
Ethereum futures liquidations soar to 1-month high on OKXThe number of ethereum (ETH) futures contracts liquidated by OKX, a crypto trading platform, is at a 1-month high
DappRadar report: blockchain gaming revenue rose in May as investment soar to $476 millionBlockchain gaming revenue rose 6% in May 2022 despite a contraction in crypto prices. Investment also reached $476 million, data from DappRadar shows
Binance CEO comments on rumors behind crypto market volatilityChangpeng Zhao, the Binance CEO, has commented on recent comments attempting to explain rapid crypto price movements following SEC's lawsuit
AI pioneers, SingularityNET and InQubeta, can be game-changersInQubeta and SingularityNET are AI pioneers and crypto analysts are confident they can be game-changers. The QUBE presale is ongoing and has raised over $340,000
XRP Funding Rate Drops To Lowest Level Since April 2025 — What This Means NewThe price of XRP has shown a sheer amount of resilience after a couple of red days for the general crypto market. The altcoin has managed to return to around $1.5 over the weekend, reflecting a nearly 25% jump since reaching its latest local low. However, this fresh burst of momentum seems to be just…
Bitcoin Sharpe Ratio Sinks To Historical Lows — Accumulation Next? NewSince reaching its current all-time-high price of $126,000 in October last year, the Bitcoin market has been on a sell-off, translating into surmounting bear pressure. As a result, the flagship cryptocurrency has maintained a steady decline, falling until it recently reached $60,000 — a deviation of more than 52% from its all-time high. Bitcoin currently…
Bitcoin Is Trading 40% Beneath Its 200-Day MA — What’s Next? NewRecent on-chain data shows that the Bitcoin price is currently at an important phase, raising suspicions as to whether the market is nearing a cyclical bottom. Mayer Multiple Falls To 0.6 — What This Means In a recent Quicktake post on the CryptoQuant platform, on-chain analyst Ruga Research pointed out that the Bitcoin price now…
Ethereum’s Funding Rates Signal Sentiment Flip Across Major Exchanges NewEthereum (ETH) has declined noticeably over the past week, with price data from CoinMarketCap reporting a net 14% decline within this period. At the time of the most recent data, ETH is trading around $2,000, significantly lower than the past week’s level near $2,500. Related Reading: Ethereum Price Is Not Going To Keep Falling Forever,…
XRP Price Has Just Reached Most Oversold Level In History And This Analyst Is Predicting A Bounce NewThe XRP price has hit oversold levels, marking its lowest readings in history. A crypto analyst has reported that each time XRP has reached these levels, a price bounce has followed. Based on this, he believes that XRP could be on the verge of another major rebound, projecting a potential rally above $2. XRP Price…
Ethereum Price Is Not Going To Keep Falling Forever, Analyst Says NewEthereum’s recent sell-off has weighed heavily on sentiment after the price fell below the $2,000 level and pulled much of the altcoin market lower alongside it. The move has caused sweeping fear and caution among Ethereum traders. However, some analysts are of the notion that a bullish upside will roll in soon. In a post…
Bitcoin Drifts Into A Deep Conviction Zone, Smart Money Stays Patient NewBitcoin is navigating one of its deepest conviction zones yet, a phase that tests nerves more than it screams opportunity. While prices drift and fear dominates the market, smart money quietly accumulates, laying the groundwork for the next potential trend shift. Testing Conviction: Bitcoin In One Of Its Deepest Bear Market Zones Over the past…
Tether stops fighting freedom of information request, allows disclosure of reserve dataStablecoin firm Tether said on June 15 that it has released reserve data after ending a legal fight to keep that information private. Tether drops fight against CoinDesk Tether said that it previously reported certain data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in 2021. The stablecoin firm…
BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdingsBlackRock, one of the world’s largest asset managers, has filed plans with the U.S. Securities and Exchange Commission to create a spot Bitcoin ETF through its iShares subsidiary. The news comes after reports earlier in the day that the investment giant, which has more than $9 trillion in assets under management, was close to filing…
Texas regulator says Abra secretly moved funds to Binance, has been insolvent for monthsThe Texas State Securities Board filed an emergency cease and desist order on June 15 against the cryptocurrency lending firm Abra. In its order, the regulator said, based on its investigations, it found that Abra and related parties committed fraud and made misleading statements. The regulator said Abra made misleading statements by suggesting it was…
Binance.US reportedly cuts 50 staff following SEC chargesBinance.US, the American counterpart of Binance, has laid off about 50 staff members across its legal, compliance, and risk departments., Reuters reported June 15. Two Binance.US employees, who have not been identified, disclosed a “round of layoffs” on LinkedIn and said that they were leaving the company. Binance.US has not officially announced the staff cuts.…
Do Kwon’s detention extended six months by Montenegrin courtA Montenegro court has extended Do Kwon’s detention by six months as he awaits trial for potential extradition, Agence France Presse reported Thursday. The former Terraform Labs CEO has been in custody in Montenegro since late March following his arrest at Podgorica Airport in the nation’s capital for allegedly carrying forged travel documents. He faces…
Prosecutors withdraw 5 charges against Sam Bankman-Fried to ensure trial proceeds on scheduleDisgraced FTX founder Sam Bankman-Fried’s attempt to strike some of the accusations from his charge sheet may have backfired after prosecutors requested the court “sever” five of the newer charges from the case. New York federal prosecutors made the request in a letter addressed to presiding Judge Lewis Kaplan filed on June 15. The withdrawn…
Marathon Digital issues fraudulent activity alert over fake Russian stock certificates and other related scamsMarathon Digital Holdings has issued a public warning about fraudulent activities conducted under its brand name, disclosing in a June 15 press release that it had detected a series of fraudulent websites, apps, and communications falsely claiming to be associated with Marathon. According to Marathon, such fraudulent activities include deceptive communications by individuals pretending to be…
Is the Fed Already Too Late for Rate Cuts? Warning Signs Suggest Policy Overtightening NewTLDR: Truflation shows US inflation near 0.68% while Federal Reserve maintains restrictive policy stance Credit card delinquencies and auto loan defaults rise, signaling late-cycle economic stress levels Labor market weakening faster than Fed acknowledges with rising layoffs and hiring slowdowns across sectors Monetary policy lag means economic damage may occur before Fed reacts to confirmed…
The Insiders Know Something: 200 Consecutive Sales as Markets Crumble NewTLDR: All 200 top insider transactions were sales, marking unusual broad risk reduction among insiders. Bitcoin ETFs saw significant outflows as the price dipped below key technical support levels. ETF flows have fluctuated widely, signaling shifting institutional sentiment toward crypto exposure. Concurrent declines in BTC, ETH, and ETFs indicate heightened market correlation and risk aversion.…
Canton Network: Wall Street’s Hidden Blockchain Settles $350 Billion in Daily Repo Trades NewTLDR: Canton Network processes $350 billion in daily repo transactions across over 600 validator nodes globally DTCC tokenizing U.S. Treasuries on Canton with SEC approval, targeting MVP launch in first half of 2026 JPMorgan’s Kinexys announced plans to issue JPM Coin deposit token natively on Canton Network in January Platform carries over $6 trillion in…
Bitmine Buys 20,000 ETH During Market Panic, Defies Bearish Sentiment NewTLDR: Bitmine added 42,000 ETH in one week, reflecting sustained accumulation during heightened market volatility The latest 20,000 ETH purchase occurred near market lows, signaling strategic timing rather than reactive buying Staking remains central to Bitmine’s model, with projected annual rewards tied to validator expansion plans Bitmine equity trades below NAV despite rising ETH holdings…
BTC Tests $70K Resistance: Could Bulls Rally to $75K or Drop Toward $65K? NewTLDR: Bitcoin struggles at $70K, revealing weak buyer power amid high trading activity. BTC trades at $71,098 with $44.95B in 24-hour volume, showing strong market participation. Reclaiming $70K could trigger 8–10% rally toward $75K–$77K resistance zones. Failing $70K increases risk of testing mid-$60K support in the short term. The price of Bitcoin (BTC) is…
SOL Ecosystem Growth Fuels Spike In Cross-Chain Perp Trading On HFDX NewTraders are now starting to look beyond single-chain markets, using more flexible on-chain derivatives products. With increasing speed in the Solana ecosystem, there is a growing need for perpetual futures products that can efficiently track price movements without compromising on non-custodial, transparent, and on-chain qualities. These developments are taking place alongside other shifts in DeFi…
California Teens Arrested in Scottsdale Home Invasion Over $66M Cryptocurrency Holdings NewTLDR: Two California teenagers posed as delivery drivers to execute a $66 million cryptocurrency heist. Suspects were allegedly extorted by individuals known as ‘Red’ and ‘8’ to carry out the robbery. Police arrested both teens in a shopping center parking lot shortly after the violent incident. A 3D-printed gun was found in suspects’ possession, though…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
How These Whitehat Hackers Helped Oasis Network Get Back $140 Million In Stolen CryptoAccording to a recent announcement by Oasis Network on February 24th, the decentralized finance (DeFi) platform had collaborated with whitehat hackers to recover funds that had been stolen from Solana’s Wormhole bridge. On February 2nd, Wormhole had been hacked, and it was estimated that around $326 million worth of cryptocurrency had been stolen, with the…
BRICS to Promote National Currencies Before Issuing Common OneThe BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National Fiats of…
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister SaysCryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated. Russia Plans to ‘Experiment’ With Cross-Border Crypto Payments Amid Sanctions…
Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With ChinaBRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade. Economic Clash With West Requires Discarding Dollar, BRICS…
Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich Dad Poor Dad, Robert…
Russian Official Expects Agreement on BRICS Currency This YearThe chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of…
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market CapPepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99%…
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates,…
Google search volume for 'crypto' hovers near yearly low amid market rout NewInvestor sentiment in crypto is now at the same level it was during the 2022 Terra-LUNA crash that sent shockwaves through the crypto market.
Bitcoin bear market not over? Trader sees BTC price 'real bottom' at $50K NewBitcoin price analysis stayed bearish on the outlook for BTC, predicting new macro lows in a repeat of the 2022 bear market.
Here’s what happened in crypto today NewNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Jack Dorsey’s Block may cut up to 10% of staff in business overhaul: Report NewAnalysts forecast Block to post $403 million in Q4 profit on $6.25 billion revenue, following a third quarter marked by strong gross profit growth but mixed market reaction.
ARK extends Coinbase selling streak with another $22M sale, adds Bullish NewCathie Wood’s ARK Invest sold 134,472 Coinbase shares across three ETFs while buying over 393,000 shares of crypto platform Bullish.
Bitcoin under $70K gives institutions a ‘new crack of the apple’: Bitwise CEO NewBitcoin is in a bear market and is “getting swept up” with the rest of the macro assets, Bitwise CEO Hunter Horsley declared during a television interview.
Bithumb claws back 99.7% of overpaid Bitcoin, covers remaining shortfall NewBithumb says it has reclaimed most of the excess BTC credited during a promotional error and used company funds to cover 1,788 Bitcoin that had already been sold.
Is the Fed Already Too Late for Rate Cuts? Warning Signs Suggest Policy OvertighteningTLDR: Truflation shows US inflation near 0.68% while Federal Reserve maintains restrictive policy stance Credit card delinquencies and auto loan defaults rise, signaling late-cycle economic stress levels Labor market weakening faster than Fed acknowledges with rising layoffs and hiring slowdowns across sectors Monetary policy lag means economic damage may occur before Fed reacts to confirmed…
The Insiders Know Something: 200 Consecutive Sales as Markets CrumbleTLDR: All 200 top insider transactions were sales, marking unusual broad risk reduction among insiders. Bitcoin ETFs saw significant outflows as the price dipped below key technical support levels. ETF flows have fluctuated widely, signaling shifting institutional sentiment toward crypto exposure. Concurrent declines in BTC, ETH, and ETFs indicate heightened market correlation and risk aversion.…
Canton Network: Wall Street’s Hidden Blockchain Settles $350 Billion in Daily Repo TradesTLDR: Canton Network processes $350 billion in daily repo transactions across over 600 validator nodes globally DTCC tokenizing U.S. Treasuries on Canton with SEC approval, targeting MVP launch in first half of 2026 JPMorgan’s Kinexys announced plans to issue JPM Coin deposit token natively on Canton Network in January Platform carries over $6 trillion in…
Bitmine Buys 20,000 ETH During Market Panic, Defies Bearish SentimentTLDR: Bitmine added 42,000 ETH in one week, reflecting sustained accumulation during heightened market volatility The latest 20,000 ETH purchase occurred near market lows, signaling strategic timing rather than reactive buying Staking remains central to Bitmine’s model, with projected annual rewards tied to validator expansion plans Bitmine equity trades below NAV despite rising ETH holdings…
Google search volume for 'crypto' hovers near yearly low amid market routInvestor sentiment in crypto is now at the same level it was during the 2022 Terra-LUNA crash that sent shockwaves through the crypto market.
BTC Tests $70K Resistance: Could Bulls Rally to $75K or Drop Toward $65K?TLDR: Bitcoin struggles at $70K, revealing weak buyer power amid high trading activity. BTC trades at $71,098 with $44.95B in 24-hour volume, showing strong market participation. Reclaiming $70K could trigger 8–10% rally toward $75K–$77K resistance zones. Failing $70K increases risk of testing mid-$60K support in the short term. The price of Bitcoin (BTC) is…
Pudgy Penguins Hit New York City With Valentine's Day Pop-Up EventCrypto-native brand Pudgy Penguins is hosting a pop-up Valentine's Day event in New York City, complete with a plush bouquet.