GS Partners, a European-based entity involved in multiple cryptocurrency investment schemes, has agreed to refund all funds to investors in a settlement with five U.S. states. The agreement will see the firm pay back 100% of investor deposits in exchange for the dismissal of all civil claims and ongoing investigations. Investors Will Get Full Refunds...Read More
On September 11, 2024, Internet Computer (ICP) made waves in the cryptocurrency market with its impressive price performance. However, based on its chart and price action, it appears that ICP is just one step away from a potential 25% rally. Internet Computer (ICP) Price Performance At press time, ICP is trading near $8.8 level and...Read More
Japanese investment firm Metaplanet Inc. announced today that it has purchased an additional 38.464 BTC, worth approximately 300 million yen ($2 million). The Tokyo-listed company disclosed that this purchase brings its total Bitcoin reserves to 398.832 BTC, worth around 3.75 billion yen ($26 million). Metaplanet’s Shares Soar 5.87% Following the announcement, the company’s stock rose...Read More
North Carolina legislators have approved a bill that prevents the U.S. state from accepting central bank digital currencies (CBDC) as a form of payment or participating in any related tests conducted by any branch of the Federal Reserve. According to the roll call transcript for the voting session, the North Carolina General Assembly passed the...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, September 10th, 2024] On the Path to IPO Amidst Strong Growth and Security Trust Invest, a next-generation cryptocurrency exchange, is gaining traction in the crypto world with its use of AI trading bots and its wealth management program. Trust Invest’s cutting-edge technology and personalized account management services have...Read More
[PRESS RELEASE – Los Angeles, United States, September 10th, 2024] Ethernity, the leading entertainment-focused Layer 2 blockchain solution, proudly announces a $10 million grant program dedicated to revolutionizing the entertainment and creator economy through development of Ethernity’s Layer 2. This substantial investment aims to support developers, founders, and startups building the future of digital entertainment...Read More
Bitcoin ETF manager Bitwise published a report this week explaining why almost every September – including this one – is a bad month for Bitcoin. The asset’s sour performance comes down to three factors: sinking risk assets, SEC enforcement actions, and a negative feedback loop. Bitcoin’s September Blues “Since bitcoin started trading in 2010, the...Read More
[PRESS RELEASE – Mumbai, India, September 10th, 2024] In a bold move to accelerate the growth of Web3 startups, IndSoft Cloud has launched a groundbreaking $100,000 Cloud Credit Program as part of its new IndSoft Cloud Accelerator initiative. This program is designed to empower blockchain innovators by providing critical resources and infrastructure to scale their...Read More
Bitcoin’s open interest is still relatively high, but analysts cannot say the same for altcoins. The total open interest for alts listed on major crypto exchanges, excluding ether (ETH), has fallen 55% from an all-time high (ATH) seen on March 25. The current aggregated value for these crypto assets is $8.75 billion, indicating that they...Read More
Following the arrest of Pavel Durov, CEO of Telegram on 24th August, Toncoin has recorded a drop of 32.97% in valuation. This has raised concerns on a great level about the future of the 9th largest cryptocurrency by market capitalization. However, with the release of Durov, the Toncoin price has started stabilizing. Moreover, amid an...Read More
[PRESS RELEASE – Singapore, Singapore, September 10th, 2024] The coalition will consist of top centralized exchanges including Bitget, HTX, MEXC and Poloniex among others Morph, the global consumer layer for driving blockchain adoption for the mass markets, today announced the launch of the Morph Centralized Exchange Coalition, an initiative composed of top centralized exchanges (CEXs)...Read More
The hacker responsible for the WazirX security breach has moved over $23 million worth of stolen Ethereum (ETH) in the past 24 hours. This comes amidst the exchange’s restructuring efforts which could see 55-57% of the stolen assets being returned to users. Funds Likely Heading to Tornado Cash According to Cyvers Alerts, the hacker transferred...Read More
[PRESS RELEASE – Singapore, Singapore, September 10th, 2024] Hexagon Studios, the web3-native team behind the #1 mobile game on Solana, Honeyland, proudly announces the launch of “TONs of Dungeons,” an innovative and engaging casual minesweeper game on Telegram. The game combines the thrill of endless dungeons with the chance to uncover hidden treasures and avoid...Read More
A higher low happens in a down-trending market when the last dip is not as deep as the previous one. This could be a sign of trend reversal as selling pressure wanes. The last dip saw BTC prices plunge to a low of $53,300, which was not as deep as the Aug. 5 crash to...Read More
Bitcoin’s price continues to show high levels of correlations with the landscape around the spot ETFs. This was further proven by the price actions on Monday evening. BTC jumped to over $58,000 for the first time in five days as the ETFs broke a two-week-long streak. Over the weekend, CryptoPotato reported the negative streak the...Read More
The approval of spot Bitcoin ETFs in January was one of the biggest moves in crypto this year, with funds generating a surge in demand for BTC. However, eight months after their launch, interest in those products appears to be waning. In a recent post on X, Jim Bianco, the CEO of Bianco Research, stated...Read More
Bitcoin had fallen to a danger zone between $56,600 and $52,500 on September 5. Last time this happened, Bitcoin touched $49,000 twice in one day on August 5. The recent fall of BTC under $56,600 caused huge tension in the market, as September is very notorious for being a red month for the largest cryptocurrency....Read More
