Report: China is Binance’s largest market

Binance, the largest cryptocurrency exchange, reportedly has a big presence in China дальше »

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KuCoin Shuts Down Bitcoin And Litecoin Mining Pools Amid Market Turmoil

KuCoin, one of the world’s largest cryptocurrency exchanges, has temporarily halted its KuCoin Pool service, effective August 15, 2023, until further notice.  The move is part of KuCoin’s business strategy and aims to ensure the security and integrity of users’ assets. дальше »

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GameStop Drops Crypto Wallets: Is Its NFT Marketplace Next to Go?

GameStop, the video game retailer, has confirmed it will cease its support for its cryptocurrency wallets, citing “regulatory uncertainty.” The post GameStop Drops Crypto Wallets: Is Its NFT Marketplace Next to Go? appeared first on BeInCrypto. дальше »

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What is Metcalfe’s Law, and why does it matter?

Metcalfe’s Law suggests that the more people who use a cryptocurrency, the more valuable and useful it becomes.

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Binance Reduces Terra Classic (LUNC) Supply By Another 1.14 Billion

Binance, the world’s largest cryptocurrency exchange, has recently announced that it has burned 1. 14 billion Terra Luna Classic (LUNC) in the 12th batch of the Terra Classic burn mechanism. The burned tokens were obtained from trading fees on margin and spot trading pairs in July. дальше »

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Optimism (OP) Climbs Over 10% On Weekly Chart, Will The Rally Last?

Following a slight improvement in the broader cryptocurrency market, Optimism (OP) has posted positive gains today, August 2. The token is now over 10% higher than seven days ago. Optimism’s gain has placed it among the top-gaining coins today, with a nearly 3% gain in the last 24 hours. дальше »

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U.S. Department of Justice weighing Binance criminal charges against risk of market panic: Report

Semafor reports today that U. S. Department of Justice (DOJ) officials are deliberating potential fraud charges against the cryptocurrency exchange giant, Binance, but have concerns over protecting American investors already participating in crypto markets, citing sources familiar with the matter. дальше »

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Worldcoin Crypto Project Temporarily Halted In Kenya – Here’s Why

On Wednesday, Kenya’s interior ministry made a significant announcement, suspending the cryptocurrency project Worldcoin until further notice. The decision came as a precautionary measure to ensure public safety, and the suspension will remain in effect until relevant agencies can thoroughly assess the project to ensure it is devoid of risk. Prior to the suspension, Kenya […] дальше »

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Inside stablecoin supply dynamics as TUSD shakes up the market

Understanding the dynamics of stablecoin supplies is a crucial aspect of crypto market analysis, as stablecoins play a pivotal role in the cryptocurrency ecosystem. Fluctuations in the market cap of these pegged assets can signal shifts in investor sentiment, liquidity changes, and overall market health. дальше »

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Binance's Nightmare: DOJ Mulls Fraud Charges

The U.S. Department of Justice (DOJ) ponders fraud charges against Binance, the world's biggest cryptocurrency exchange дальше »

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FTX 2.0 Would Be Worse Than Starting From Scratch, Kraken's Jesse Powell Says

Prospects of 'FTX 2.0,' hypothetical spin-off of infamous cryptocurrency trading platform, discussed by industry veterans дальше »

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Litecoin Successfully Halves: New Reward Set at 6.25 LTC

Litecoin, a popular cryptocurrency,has executed its block reward halving, a scheduled event that occurs roughly every four years, reducing the reward for miners from 12.5 LTC to 6.25 LTC. The... дальше »

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Litecoin Undergoes Third 'Halving,' in Milestone for 12-Year-Old Blockchain

The blockchain's "halving," where the pace of new issuance of cryptocurrency gets cut in half every four years, took place Wednesday, when it reached data block 2,520,000. дальше »

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Solana (SOL) Struggles at $30, DigiToads (TOADS) Remains Bullish for Investors

Cryptocurrency investors are always on the lookout for promising projects that offer both stability and significant growth potential. Solana (SOL) and DigiToads (TOADS) have emerged as notable contenders in the market, each with its own unique trajectory. дальше »

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Coinbase eyes Bitcoin Lightning Network integration, says CEO Brian Armstrong

Brian Armstrong, Coinbase’s CEO, said the exchange was working to integrate Bitcoin (BTC) Lightning Network (LN) as part of efforts to drive cryptocurrency payments in the world, according to an Aug. дальше »

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3AC co-founder asserts Singapore citizenship to evade US Court jurisdiction

Kyle Davies, co-founder of the now-defunct 3AC, has contested the authority of the United States, asserting his legitimate citizenship in Singapore. The move comes as Davies, one of the co-founders behind the now-insolvent cryptocurrency hedge fund Three Arrows Capital (3AC),… дальше »

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Kenya Halts Worldcoin Cryptocurrency Project Amid Security Concerns

The Kenyan government has announced the suspension of all activities related to Worldcoin, the recently launched cryptocurrency project. Minister of Internal Security Kithure Kindiki made the announcement on August 2,... дальше »

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Countdown to Litecoin halving today, is ‘digital silver’ ready to break out?

The highly anticipated Litecoin (LTC) halving will occur later today, Aug. 2, marking the third event in the cryptocurrency’s history. According to litecoinhalving. com, the Litecoin network will reach a block height 2,520,000 around 3:16 pm UTC, reducing the block reward from 12. дальше »

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Curve breach: Fear of liquidation stirs further FUD

The prospect of Curve Finance's CEO getting liquidated stirred FUD. CRV's OTC transactions to major cryptocurrency players helped curb fears of liquidation. The recent breach of Curve FinancThe post Curve breach: Fear of liquidation stirs further FUD appeared first on AMBCrypto. дальше »

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Why Everyone’s Talking About $X: This Trading Indicator Suggests an Upward Trend

The cryptocurrency, known as $X, is gaining attention from investors and traders alike, with its promising performance and growing community of holders. The speculation of an upcoming launch of Twitter’s own X token has sparked a frenzy of copycat tokens trying to ride the coattails of the hype. дальше »

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3 Top Emerging Trends to Invest Using Cryptocurrencies

Consider the top 3 emerging trends, namely, Gaming and Play-To-Earn, DeFi, Web3, and DAOs, before investing using cryptocurrencies.   Cryptocurrency has generated considerable excitement in recent years. дальше »

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Litecoin Gained 1500% After Last Halving – Here’s How To Trade the Impending One

Litecoin (LTC), one of the stalwarts of the cryptocurrency world, finds itself between two substantial supply walls as it braces for the upcoming halving event, according to chart analyst Ali. Ali [@ali_charts] pointed out on Twitter that Litecoin’s current trading range is bounded by two significant supply zones. дальше »

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Voyager 30-Day Withdrawal Period Becomes Breeding Ground For Scammers – Report

Fraudulent actors targeted Voyager Digital patrons as they briefly gained the opportunity to withdraw portions of their funds from the insolvent cryptocurrency brokerage. Bloomberg’s report, referencing insights from Darren Azman, the company’s legal representative, disclosed that scammers seized this month-long window. дальше »

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Binance Defies China’s Crypto Ban: WSJ

Despite China's stringent ban on cryptocurrency trading, Binance, the world's largest cryptocurrency exchange, continues to thrive in the country дальше »

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Exclusive: Non-profit Glo launches stablecoin leveraging yields to alleviate extreme poverty

Nonprofit organization Glo has announced the Aug. 2 launch of Glo Dollar, a regulated stablecoin with an ambitious goal: leveraging cryptocurrency yields to lift millions out of extreme poverty. CryptoSlate spoke with Jasper Driessens, Co-Founder of Glo, about the project’s goals and how it leverages traditional finance to fund a non-profit stablecoin. дальше »

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Bitcoin Addresses In Loss Soar To One-Month High Amid Mixed Market Indicators

Bitcoin, the pioneering cryptocurrency, is currently exhibiting mixed market signals, according to the latest data from Glassnode. The analytics firm points out that Bitcoin addresses in loss have reached a one-month high, even as the count of addresses holding smaller balances of the coin marks a record high. дальше »

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Margot Robbie’s Barbie Film Takes A Bitcoin Twist With “Ken Energy” Quip

Margot Robbie, the lead actress in the new Barbie movie, has sparked a conversation within the cryptocurrency community following her playful dismissal of Bitcoin (BTC) as a stereotypically “Ken” topic of discussion. дальше »

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Mt. Gox Former CEO Breaks Silence, Delivers Important Message To Creditors

The Mt. Gox scandal remains one of the most significant events in the history of cryptocurrency. In 2014, the exchange suffered a major hack, resulting in the theft of over 850,000 Bitcoin (BTC), worth approximately $450 million. дальше »

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Decentralization Purists Slam Ripple & XRP After Legal Win

The recent conclusion of the high-profile lawsuit between Ripple and the SEC has sparked mixed reactions within the cryptocurrency community. Some crypto enthusiasts celebrated the outcome as a win for the industry. дальше »

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IRS Classifies Crypto Staking Rewards As Taxable Income Upon Receipt

The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from staking services are required to include the value of those rewards in their gross income. дальше »

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Litecoin ‘Halving,’ Set for Wednesday, Should Harden Supply of ‘Digital Silver’

The once-ever-four-years "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the "hard money" mechanics that crypto analysts say helps to boost bitcoin's price. дальше »

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GameStop to withdraw crypto wallets amid ‘regulatory uncertainty’

GameStop Corp. has announced the discontinuation of its cryptocurrency wallets due to “regulatory uncertainty.” On Nov. 1, the company will withdraw its support for iOS and Chrome Extension wallets, which have allowed users to manage cryptocurrencies and non-fungible tokens, and… дальше »

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Hoskinson Takes a Swipe at Ethereum While Hailing Cardano’s Innovations

Charles Hoskinson, the co-founder of Ethereum and creator of Cardano, has once again ignited discussions in the cryptocurrency space with his recent retweet. In a seemingly subtle jab towards his former project, Hoskinson retweeted a user who praised the innovations on Cardano’s blockchain while highlighting the efficiency and potential superiority of its EUTXO model and […] The post Hoskinson Takes a Swipe at Ethereum While Hailing Cardano’s Innovations appeared first on CaptainAltcoin. дальше »

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MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July

Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month. дальше »

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Examining The Potential Impact of the Impending Litecoin Halving

All eyes are on the next Litecoin halving, slated to take place tomorrow August 2nd, 2023. As the moment approaches, anticipation is building around how slashing the mining reward will impact the cryptocurrency called silver to Bitcoin as digital gold. дальше »

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Rep Tom Emmer Proposes Bill To “Clear Things Up” For The Crypto Sector And Safeguard Innovation

In a bid to provide regulatory clarity and foster innovation within the US cryptocurrency and blockchain industry, Representative Tom Emmer has reintroduced the Blockchain Regulatory Certainty Act (BCRA) for consideration by the financial services committee. дальше »

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DigiToads (TOADS) Presale Next Goal is $7M Amidst Positive Price Movement for DOGE

Amidst positive price movement within the cryptocurrency landscape, projects like DigiToads (TOADS) and Dogecoin (DOGE) are positioning themselves to achieve ambitious targets and significant developments. дальше »

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Pomerdoge (POMD) offers an immersive gaming experience

Excitement is building in the cryptocurrency community as a top analyst delivers a bold prediction for the newly introduced token Pomerdoge (POMD). With an eye-catching forecast of 4,000% gains by theThe post Pomerdoge (POMD) offers an immersive gaming experience appeared first on AMBCrypto. дальше »

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Binance Japan Launches, Offering 34 Tokens for Spot Trading

Binance, the largest cryptocurrency exchange, has announced the launch of Binance Japan, a dedicated platform for Japanese residents. The new offering focuses on providing local customers with an array of... дальше »

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Staking rewards are now taxable, says IRS

The Internal Revenue Service (IRS), the leading tax authority in the United States, recently released Revenue Ruling 2023-14, providing clarity on the taxation of income derived from crypto staking.  The ruling categorizes cryptocurrency staking rewards, along with various other income… дальше »

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Uniswap (UNI) Stays Afloat With 12% Gain As Rest Of Top 50 Coins Sink

Uniswap (UNI) has experienced a remarkable, bullish surge in its price amidst mounting sell-pressure on cryptocurrency exchanges. Bullish crypto traders have actively placed orders to buy 1. 3 million UNI tokens, driving the price to $6. дальше »

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Crypto Backer: US Presidential Hopeful Vows To End “Biden’s War On Bitcoin”

Crypto has found an unexpected ally in Florida Gov. Ron DeSantis, who is making waves with his 2024 presidential campaign focused on “economic independence.” In a bold move, DeSantis has taken a clear stance on cryptocurrencies, vowing to end US President Joe Biden’s “war on Bitcoin and cryptocurrency” if he secures the highest office. During […] дальше »

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FTX reorganization plan announced, FTT rallies

The fallen cryptocurrency exchange FTX and its Unsecured Creditors Committee (UCC) announced its plan to reorganize and launch a new project called FTX 2.0. On May 23, the exchange revealed its initial plan to relaunch the project with its new… дальше »

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What happens if Binance collapses?

With all the regulatory hurdles Binance, the largest cryptocurrency exchange by trading volume, has faced over the past months, investors have taken a cautious approach toward the exchange. It all started with the US commodity futures trading commission (CFTC) taking… дальше »

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$952k and counting: Chancer’s stunning presale progress in 6 weeks

Chancer has taken the cryptocurrency world by storm, surpassing all expectations with incredible progress in its red-hot presale in only 6 weeks. Due to incredible enthusiasm and support from investorThe post $952k and counting: Chancer’s stunning presale progress in 6 weeks appeared first on AMBCrypto. дальше »

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Verge (XVG): The Undying Cryptocurrency Set for Another Major Comeback!

Verge (XVG), a cryptocurrency known for its emphasis on security and anonymity, has been making waves in the crypto community recently with its new developments. Trading at a price of $0. 004926, Verge has a current market capitalization of around $81 million and an impressive 24-hour trading volume of $465 million. дальше »

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The Biggest Crypto Predictions for August 2023

These are the biggest cryptocurrency price predictions for the month of August.

The post The Biggest Crypto Predictions for August 2023 appeared first on BeInCrypto.

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Bitcoin dips below vital $29k mark as volatility hikes

Bitcoin (BTC) has dropped from the $29,000 mark for the first time since June 22. The downward movement comes as the broader crypto market witnesses a $21 billion fall. The flagship cryptocurrency is down by 1.5% in the past 24… дальше »

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Solana Records 1 Outage in First Half of 2023, DigiToads is Becoming one of the most successful presales of the year

We are almost halfway through 2023 and the global cryptocurrency market has seen its fair share of ups and downs. From clocking a market capitalization of $1.2 trillion to the launch of new innovative coins like DigiToads (TOADS) to Solana’s sole outage, there have been several headline-grabbing moments so far. Layer-1 blockchains such as Solana […] дальше »

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IRS clarifies rules on crypto staking rewards

The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards. The new directives stipulate that taxpayers who engage in staking of cryptocurrency native to a proof-of-stake blockchain and subsequently receive additional cryptocurrency units as validation rewards are required to include the value of these rewards in their […] The post IRS clarifies rules on crypto staking rewards appeared first on CryptoSlate. дальше »

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