The Australian Securities and Investments Commission (ASIC) announced today that it has dismantled over 600 cryptocurrency scams in the past 12 months. This announcement comes as ASIC marks the first anniversary of its investment scam disruption initiative, revealing that more than 7,300 phishing and fraudulent websites have been taken down over the past year. Australians...Read More
The Democratic National Committee published its 2024 Party Platform on Sunday – a document detailing the Democrats’ future political priorities heading into the next election. Unlike their Republican counterparts, the Democrats’ platform made no mention of the words Bitcoin, crypto, or blockchain. Democrats Still Quiet On Crypto The ninety-two-page document touched on popular issues among...Read More
On Sunday, MicroStrategy executive chairman Michael Saylor posted on X, “We’re going to need a bigger truck,” with the Bitcoin hashtag. Could he be hinting at bold crypto moves ahead for his company? We’re going to need a bigger truck. #Bitcoin pic.twitter.com/4cReSyYdrl — Michael Saylor⚡️ (@saylor) August 18, 2024 “Gonna need a whole fleet,” answered...Read More
Bitcoin’s weekly candle closed below its bull market support band making it the fourth week in a row to do this. The close of $58,748 has kept the asset below key moving averages, as depicted by analyst Benjamin Cowen in a post on X on Aug. 19. Moreover, the last three weekly candles have been...Read More
Tether- the issuer of the biggest stable coin USDT, dropped a huge announcement that’s gonna make transactions dirt cheap and super efficient. Are you ready to learn how Tehter is going to do that, let’s dive in. Tether’s Big Move to Aptos On August 19, Tether made an announcement that they’re taking its stablecoin -USDT, ...Read More
The bond market heated up last week as stocks began to tumble. As a result, Treasury yields (the coupon premium bondholders receive for buying a bond) are falling drastically. That could be bullish news for Bitcoin price. Bonds ended last week with the largest single-day point rise in 16 months as investors fled record Wall...Read More
[PRESS RELEASE – Sydney, Australia, August 19th, 2024] With over AUD$2 billion in total sales to date, Easy Crypto today announces the launch of a new ‘beginner wallet’ aimed at Australians looking for an easier way to buy, swap, hold and sell their crypto. Easy Crypto, New Zealand’s largest non-custodial cryptocurrency exchange, is expanding its...Read More
[PRESS RELEASE – Victoria, Seychelles, August 19th, 2024] Bitget, a leading cryptocurrency exchange and Web3 company, has announced a partnership with the trendy TON project, DOGS. Users can now claim DOGS token airdrops without any gas fees by connecting their Bitget account through the DOGS Telegram mini-app. Once the process is completed, DOGS tokens will...Read More
[PRESS RELEASE – Bangkok, Thailand, August 19th, 2024] INFINIT, the first-of-its-kind DeFi abstraction layer, today announces that it will soon open dApp creation to all, allowing anyone to build and customize DeFi applications in a matter of minutes. INFINIT is a DeFi infrastructure that abstracts away complexities to launch and scale decentralized finance applications across...Read More
Malaysian officials have arrested seven people for suspected bitcoin mining operations that involved stealing electricity. The local media, Bernama, reported that the detainees include three Malaysians and four foreigners, who were held separately last week. Electricity Theft in Malaysia In an official statement, the Sepang District Police Chief, ACP Wan Kamarul Azran Wan Yusof, mentioned...Read More
As the market turned bearish, meme coins on Solana – once notorious for their explosive popularity – are now seeing a decline. This appears to have adversely affected Solana-based investment products which experienced record outflows of $39 million over the past week due to a sharp drop in meme coin trading volumes. According to the...Read More
Stablecoin issuer, Tether has revealed plans to launch US dollar-pegged Tether tokens (USDT) on Aptos Network. This move aligns with Tether’s broader strategy to make digital currency more accessible and useful across the world by capitalizing on Aptos’ ecosystem, according to the official press release shared with CryptoPotato. USDT Set to Debut on Aptos The...Read More
Tomorrow at 04:00 UTC, MAGA (TRUMP) and Kamala Horris (KAMA) – the US election memecoins – are coming to BitMEX Spot for users to deposit, buy, and trade the TRUMP and KAMA tokens on BitMEX. You will be able to deposit, buy, and trade TRUMP here and KAMA here. For a lowdown on the new...Read More
The search for the next big coin in the crypto world intensifies. With several exciting new presales on the horizon, both seasoned and novice crypto enthusiasts are eager to discover the next big coin to explode in 2024. Leveraging blockchain analyst statements, leading crypto publications, and the latest data from official coin websites, this article...Read More
When trading cryptocurrencies, it’s crucial to understand some key concepts that help analyse market trends. Two important terms you’ll often hear are volume and open interest. These metrics, while primarily used in futures markets, provide valuable insights into trading activities and market sentiment. Let’s break it down. What is Volume? Volume refers to the total...Read More
Stock markets have shown signs of recovery, but the same cannot be said for crypto markets, which are facing heavy resistance. Volatility could tick up again as all eyes will be on the Federal Open Market Committee (FOMC) meeting and minutes this week in addition to economic data reports. Economic Events Aug. 19 to 23...Read More
Scams in the cryptocurrency industry are nothing new and the meme coin community, especially, has long been a target of wrongdoers. The Shiba Inu team has come up with another critical warning, trying to protect its users from exploiters who try to drain their wallets by prompting various actions. In a recent update, the Shiba...Read More
A new perpetual contract listing – TONUSDT – featuring Toncoin – is now available to trade on BitMEX, with up to 20x leverage. Trading for TONUSDT started here at 04:00 UTC on 19 August 2024. For the lowdown on the latest listings, read on. If you haven’t signed up for a BitMEX account yet, we’re...Read More
What Are Bollinger Bands? Bollinger Bands are a popular tool in technical analysis used to measure market volatility and identify potential price trends. Created by John Bollinger in the 1980s, this tool consists of three bands: Middle Band: A moving average (typically 20 days) Upper Band: Two standard deviations above the middle band Lower Band:...Read More
