Shytoshi Kusama, the lead developer of Shiba Inu, has tantalized the community with a cryptic tweet, hinting at a “very big” announcement. In a new post, Kusama stated, “Leak time, I can assure you. Next week, we have a very big announcement. Year-ending surprise for the army.” The cryptic nature of the post continued with […]
Bitget’s 2024 Bitcoin Report Delves Into ORDI’s Potential and Lightning Network’s Crucial Role
Bitget Research, Bitget’s research arm, released a research analysis offering insight into micro and macro trends within the Bitcoin ecosystem. The report provides potential future trends, both technological and financial, for Bitcoin and its assets for 2024. According to the report, 2024 presents a promising outlook for the Bitcoin ecosystem, with popular cryptocurrencies such as BTC […]
Solana Weighs Demand for Saga Phones After Sellout Amid BONK Boom
The Saga is sold out in the U.S. and EU supplies are nearly tapped out. Solana Labs told Decrypt how it’s assessing next moves.
Crypto Analyst Breaks Down Bitcoin and One Top AI Altcoin, Does a Deep Dive Into Ethereum Rival Cardano
A widely followed crypto analyst is breaking down Bitcoin (BTC) while keeping an eye on some top altcoin projects. Pseudonymous crypto trader Rekt Capital tells his 376,600 followers on the social media platform X that BTC has overcome its fall from last year. “This year has completely engulfed the downside from last year. A lot […]
US Government Slaps $1,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions
A San Francisco-based crypto exchange has reached an agreement with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) to settle its potential civil liability for violating US sanctions related to Russia and Ukraine. In a new enforcement release, the OFAC says that CoinList Markets (CLM) has agreed to pay over $1.2 million as […]
Bitcoin and Ethereum Draw Over $19.7 Billion Inflow, Echoing Past Bull Run
Bitcoin is signaling the start of a new bullish trend, rebounding to $42.6k following a recent sell-off primarily driven by short-term holders (STHs), who constitute the more speculative segment of the Bitcoin investor base. Ether also experienced an upswing, crossing the $2,270 mark alongside the world’s largest crypto. On the backdrop, substantial capital inflows into […]
Crypto Biz: Worldcoin expands, Saudi Aramco considers digital assets, and more
Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets, taking advantage of the crypto winter to build and find a market fit for crypto-related solutions. Recent examples include Deutsche Bank’s asset management arm, DWS, which announced a new venture with Galaxy Digital and Flow Traders to jointly issue a euro-denominated stablecoin. […]
Chinese Tech Giant Alibaba Unveils New AI Video Tool
Alibaba says its I2VGen-XL model can handle “visualization, sampling, training, inference, join training using images and videos, acceleration, and more.
Competition for Bitcoin as Eurosystem Starts Digital Euro Trials: Revolutionizing Digital Securities
The Eurosystem trials for Digital Euro have commenced with calls for participants. As an alternative payment system, this directly competes with Bitcoin but at the moment, BTC price remains steady. Recent reports have revealed that the Eurosystem has begun trials for its digital euro, a crucial step toward modernizing digital securities and challenging cryptocurrencies like […]
Coinbase plans new lawsuit, two SEC commissioners dissent in wake of SEC’s petition denial
Coinbase intends to initiate legal action against the SEC, accusing the regulatory body of shirking its responsibilities, according to the exchange’s chief legal officer, Paul Grewal. The move follows the SEC’s rejection of Coinbase’s petition for establishing specific regulatory rules for cryptocurrency transactions, a request that Coinbase had been pushing for since July 2022. Abdication […]