Coinbase’s colossal Bitcoin holdings, unveiled by Arkham Intelligence, challenge crypto’s status quo. With over 1 million BTC and regulatory uncertainties, it’s a fascinating cryptocurrency tale.
Bitcoin Bulls Set Sight On $28,000 Price With Investors Adopting A Wait-And-See Approach
Bitcoin could hit the $28K mark despite hawkish remarks by the Federal Reserve. Traders are keeping their eyes peeled on central bank decisions on monetary policy in leading economies. Other ancillary factors are expected to play a role in Bitcoin’s pricing in the coming weeks. As Bitcoin (BTC) continues to hover around the $27K mark, […]
This Week on Crypto Twitter: 11,000 Venezuelan Soldiers Bring Down Jailhouse Bitcoin Mining Operation
An earlier raid of a suspected drug running operation in Santiago also turned up Bitcoin hardware, but the Venezuela operation was magnitudes larger.
Pay-to-use blockchains will never achieve mass adoption
Blockchain projects should learn from Google and Facebook by monetizing their users without directly asking for their money.
Analyst Predicts Bitcoin Price to Reach $48,700 Before Halving; A Historical Pattern?
Bitcoin (BTC) has demonstrated remarkable resilience this week, maintaining a firm grip above the $26,000 mark. This achievement comes despite significant sell-offs in the equity markets and a surging U.S. dollar, which could have spelt doom for the world’s largest cryptocurrency. As of Sunday morning, Bitcoin was trading at approximately $26,515, showing a modest 0.2% […]
Polygon Labs Pitches Plan to Streamline Celo’s Move to Ethereum Layer 2 Using CDK
Polygon Labs has suggested that the Celo blockchain community consider utilizing its Chain Development Kit (CDK) to streamline the intended layer-2 migration on the Ethereum network. The proposal comes after cLabs, the primary development team behind Celo, unveiled an alternative strategy in July to transition its layer-1 into an Ethereum-compatible layer-2 solution by utilizing Optimism’s […]
CREAM price skyrockets 60%; pump and dump scheme?
Per data from CoinMarketCap, captured by blockchain analysts Lookonchain, the price of Cream Finance’s CREAM token surged by more than 60% on Sept. 23.
Terra Classic Community Votes to Halt USTC Minting as SEC Moves to Depose Do Kwon
The Classic community has voted to stop the minting and reminting of Terra Classic UST tokens, hoping this will help the failed stablecoin regain its value. In a proposal that passed with 59% in support, the community moved to stop all the minting and reminting of USTC. Stop Minting Terra Classic USTC USTC is the […]
Will SEC’s ‘Stoner Cats’ Action Have a Chilling Effect on NFT Media Projects?
Earlier this month, the United States Securities and Exchange Commission (SEC) announced its second-ever enforcement action against the creators of an NFT project—this time, against the team behind “Stoner Cats,” an NFT-backed web series from Mila Kunis’ production company that featured the vocal talents of Hollywood A-listers including Kunis, Ashton Kutcher, Chris Rock, and Jane […]
Former SEC attorney John Reed Stark urges DOJ to ‘wake up’ and prosecute crypto-grifters
Stark, who worked as an attorney in the SEC Division of Enforcement, chimed in on the upcoming Sam Bankman-Fried trial, wondering why the former FTX CEO’s parents were not listed as defendants.