Category: Crypto
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Fatal Flaws in Modern Monetary Theory
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The following is an excerpt from the latest issue of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain Bitcoin market analysis directly to your inbox, subscribe now. Modern Monetary Theory (MMT) is back in the spotlight, prompted by…
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Blast From The Past? Analyst Identifies Pivotal Summer For VeChain With This Bullish Fractal
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Over the past few weeks, VeChain (VET) price has struggled to live up to the promise and vitality it showed at the beginning of the year. This has been the story with much of the cryptocurrency market, with several large-cap cryptocurrencies falling by double digits in the past month. However,…
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Bitcoin & Solana see light wobble following Rollblock’s ICO launch
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Bitcoin and Solana correct after highs; Bitcoin halving is expected to surge despite bearish pressure, while Rollblock pre-sale is gaining traction as a potential 30x token gain by 2024.…
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Ethereum L2 Eclipse CEO Steps Back Amid Sexual Misconduct Allegations
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Neil Somani, founder and CEO of the Ethereum layer 2 Eclipse project, announced a temporary reduction in his role following allegations of sexual misconduct. In a statement published on May 9, Al-Sumani addressed these accusations, affirming his innocence and acknowledging the seriousness of the situation. Al Somani denies allegations of…
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Bitcoin ETFs Soar As 3rd Largest US Bank Reveals Ownership In New Filing
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In a notable development that highlights the growing interest of traditional financial institutions in Bitcoin (BTC), Wells Fargo, the third-largest bank in the United States, has revealed its exposure to Bitcoin exchange-traded funds. The US Securities and Exchange Commission (SEC) approved regulated index funds in January, allowing them to trade…
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Private Jet Charter Service Candy Jets Now Accepts Bitcoin Payments
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Candy Gatesa leading company in the field of private jet charter services, has entered into a partnership with CoinCornera prominent Bitcoin services provider, has agreed to accept payments in Bitcoin for their luxury travel services, making them one of the first companies in the industry to adopt this payment method,…
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Breaking Down Its 2400% Uptrend And Market Outperformance
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Decentralized and open source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2,400% year-to-date price increase. while Bitcoin (BTC) and other major cryptocurrencies are seeing price corrections, and Akash Network and its native…
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EigenLayer opens airdrop claims till Sept. 7
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Users can now claim EigenLayer’s native token, but the team previously said that EIGEN will remain non-transferable. The 120-day period to claim EIGEN opened on May 10 and will continue through September for EigenLayer’s first “Stakedrop” phase. Participants can secure 6.05% of the token supply of 1.67 billion during the…
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EigenLayer opens airdrop claims till Sept. 7
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Users can now claim EigenLayer’s native token, but the team previously said that EIGEN will remain non-transferable. The 120-day period to claim EIGEN opened on May 10 and will continue through September for EigenLayer’s first “Stakedrop” phase. Participants can secure 6.05% of the token supply of 1.67 billion during the…
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Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions
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Coinbase’s second layer network – Base – has seen a return of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant attention from SocialFi apps like Friend.Tech. The Friend.Tech model, which funds social interactions, has drawn attention, especially with the launch of its v2 platform and the…
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XRP Price Prediction: Crypto Pundit Predicts 46,900% Breakout To $246, Here’s How
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One cryptocurrency analyst has predicted a major bullish rally for the price of XRP, the native token of XRP XRP Ledger (XRPL). Use Trend linesa technical analysis tool used to determine the direction in which the price of a cryptocurrency is moving, the analyst predicted a breakout of up to…
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America’s Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing
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JPMorgan Chase, the largest bank in America open exposure to Bitcoin exchange-traded funds (ETFs) in a newly filed document with the Securities and Exchange Commission (SEC) today. Phoenix Trading An SEC filing by JPMorgan Chase provides specific insights into the bank’s exposure to Bitcoin exchange-traded funds. The bank currently has…
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America’s Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing
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JPMorgan Chase, the largest bank in America open exposure to Bitcoin exchange-traded funds (ETFs) in a newly filed document with the Securities and Exchange Commission (SEC) today. Phoenix Trading An SEC filing by JPMorgan Chase provides specific insights into the bank’s exposure to Bitcoin exchange-traded funds. The bank currently has…
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Crypto Scammer Returns $34.7 Million To Victim
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A week ago, a crypto whale fell victim to a scam that resulted in the loss of more than $71 million. In the following days, the fraudster transferred the funds to block them. But in a shocking turn of events, they returned the money to the victim. Related reading Poisoning…
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DOJ appoints Forensic Risk Alliance as Binance monitor
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The Department of Justice appointed Forensic Risk Alliance as an external monitor for Binance after it pleaded guilty to violating US money laundering regulations and trade sanctions. According to sources who requested anonymity due to the confidentiality of the matter, Forensic Risk Alliance (FRA) was chosen over Wall Street law…
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Top Polkadot (DOT) Price Predictions for 2024
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Turkish lire; Dr Despite its recent 14% decline to around $7, some analysts believe Polkadot (DOT) has huge upside potential in the near future. The potential rise depends on technical progress and the overcoming of certain support areas. Is DOT a “sleeping giant?” The blockchain protocol – Polkadot – has…
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$18 Million Ethereum Withdrawal Triggers DeFi Frenzy
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The Ethereum (ETH) market is buzzing with activity after a whale (an investor with large holdings) caused a sensation by withdrawing $18 million worth of ETH from Binance, a leading cryptocurrency exchange. The move, which was meticulously tracked by blockchain analysis platform Lookonchain, sent positive vibes across the cryptocurrency community,…
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Wells Fargo, America’s Third Largest Bank, Owns Spot Bitcoin ETFs: SEC Filing
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at recent days Deposit With the Securities and Exchange Commission (SEC), Wells Fargo, one of the largest banks in the United States, disclosed its exposure to Bitcoin exchange-traded funds (ETFs). JUST IN: ?? Wells Fargo Bank reveals it has a place #Bitcoin Exposure to ETFs in New SEC Filing ?…
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Toncoin Soars 32% On Back Of Pantera Capital’s Mega-Investment
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Toncoin (TON), the native token of the Telegram Open Network (TON), is on the rise following a major investment from venture capital giant Pantera Capital. The news sent positive vibes through the cryptocurrency market, pushing the price of TON over 30% on the weekly time frame, and reigniting investor enthusiasm…
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BlockFi To Shut Down Web Platform, Partners With Coinbase For Fund Distribution
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The cryptocurrency lending and borrowing scene has faced significant turmoil in recent years, with several prominent players such as Celsius, Voyager Digital, and Genesis collapsing. Amid this turbulent environment, BlockFi, a thriving name among cryptocurrency lending platforms, announced its intention to shut down its web platform and partner with leading…