The fourth Bitcoin halving is approaching, expected to happen tomorrow, on April 20, 2024, usually a time for gatherings and excitement among enthusiasts. Despite current circumstances, the anticipation remains high with increased Google searches and constant talk on crypto social media. However, with the internet being a source of misinformation, it’s important to separate fact […]

Conflux Network, a China-based blockchain organization, has recently unveiled plans for a groundbreaking EVM-compatible Bitcoin Layer 2 (BTC L2) solution. This announcement propelled its native token Conflux (CFX) to gain over 8%. Earlier, the CFX price was in the red before the latest update came in. Overview of Conflux’s Bitcoin L2 Solution Conflux’s Bitcoin L2 […]

Previously overshadowed by ton blockchain, XRPL has experienced a notable resurgence in activity and relevance within the cryptocurrency landscape. This revitalization is marked by the emergence of new applications and the proliferation of meme coins, which have injected fresh energy into the ecosystem. Additionally, strategic initiatives spearheaded by the $TON Foundation, coupled with the allocation […]

U.S. Treasury Assistant Secretary for Financial Institutions Graham Steele has emphasized the need for regulatory standards in the crypto sector. During an event at George Washington University Law School, Steele highlighted the opportunity for U.S. lawmakers to establish regulatory frameworks before any potential crisis in the crypto industry arises. Drawing parallels with past financial regulations […]

Crypto assets have picked up the pace in the past 24 hours before the Bitcoin halving after two weeks in the doldrums. The sell-off was sparked by reduced investor sentiment as a result of geopolitical tensions, Bitcoin miner movements, and economic trends.  At press time, the cryptocurrency market capitalization stands at $2.35 trillion with a […]

Bitcoin bull Cathie Wood on Friday reiterated her bullish case on Bitcoin, with Elon Musk agreeing with her. Wood hails the Bitcoin network – much larger than the combined size of the cloud infrastructure built by Amazon, Google, and Microsoft over the last 15–20 years. Meanwhile, Cathie Wood’s Ark fund has further offloaded holdings in […]

The U.S. Internal Revenue Service (IRS) has unveiled an early draft of a new tax form designated for reporting cryptocurrency transactions. The draft form, 1099-DA, is the latest step of the IRS’s endeavors to consolidate the reporting measures with respect of digital assets as part of the federal tax code. The purpose of this initiative […]

After a gruesome week marred with frequent bloodbaths, the crypto market is calm again. However, there’s a long road to profitability. As things stand, investors are heavily battered. Therefore, they are likely to be cautious with the decisions they take going forward. Despite the dilapidated market structure, identifying which among the best altcoins to buy […]

The top crypto prices today registered a rebound as the Bitcoin (BTC) price surged past the $64,000 level. In addition, the Ethereum (ETH) price neared the $3,100 mark. Meanwhile, other top altcoins, such as Cardano (ADA), XRP, and Solana (SOL) rebounded notably. Major Crypto Prices Today The Bitcoin price was up by 2.81% reaching $64,188.42 […]

XRP price recently entered a bearish phase, falling to sweep fresh liquidity over the past day. This shift indicates a stronger bearish presence in the market, especially noticeable in the last week. Despite these fluctuations, optimism remains for XRP’s short-term performance. Over the past 24 hours, the cryptocurrency market has observed a notable decline in […]