Cryptocurrency

Coinbase Pumps Millions into U.S. Congress as Crypto Gains Political Clout: Bloomberg Report

Donald Trump has become a prominent figure in the cryptocurrency community, leveraging the support of crypto enthusiasts in his bid for votes and campaign contributions. However, according to a recent Bloomberg report, the biggest names in the crypto industry, like Coinbase Co-Founder and CEO Brian Armstrong, have remained notably absent from his list of financial […]

Crypto Custody: The $300M Goldmine Wall Street’s Eyeing Amid Regulatory Quicksand

The cryptocurrency market, valued at roughly $2 trillion, has birthed a niche yet crucial service sector: crypto custody. Bloomberg reports this market, currently worth about $300 million, is growing at an estimated 30% annually, catching the attention of traditional financial institutions. Safeguarding digital assets comes at a premium. Hadley Stern, chief commercial officer for Solana […]

Trump Announces Launch Date for World Liberty Financial Crypto Project

Donald Trump has revealed the official launch date for World Liberty Financial, his family’s new cryptocurrency project, signaling a deeper engagement with the crypto sector. The announcement was made on Thursday afternoon, with Trump inviting supporters to a live event on Twitter Spaces scheduled for September 16 at 8 p.m. ET. A report by Jason […]

State Street and Galaxy Asset Management Launch Three New Crypto-Related ETFs

State Street Global Advisors and Galaxy Asset Management have introduced a trio of cryptocurrency-related exchange-traded funds (ETFs), according to a Bloomberg report published on Tuesday. These funds are being launched even as investors continue to pull back from spot Bitcoin ETFs, with recent data showing the longest streak of withdrawals on record. Bloomberg reported that […]

88 Top Executives, Including Ripple’s Chris Larsen, Endorse Kamala Harris for President

According to a report by CNBC, a group of 88 prominent current and former executives, including Chris Larsen, co-founder of Ripple, have endorsed Vice President Kamala Harris for president. Larsen’s endorsement stands out for those in the cryptocurrency industry, as Ripple remains a major player in the blockchain and digital asset space. His support adds […]

Russia Adopts Crypto Mining and International Crypto Payments to Navigate Sanctions Pressure: Chainalysis Report

According to a recent Chainalysis “Policy and Regulation” report, Russia is taking bold steps to counter Western sanctions by passing legislation that legalizes cryptocurrency mining and allows the use of crypto for international payments. This marks a significant policy shift in the country, where cryptocurrencies were once heavily restricted. Chainalysis stated that the bills, signed […]

Bitcoin ATMs Face Rising Cybersecurity Risks and Scams: CNBC Report

Bitcoin ATMs have emerged as a convenient way for individuals to buy or sell cryptocurrency, but they have also become a prime target for hackers and scammers, according to a report CNBC published on September 8. While these machines operate similarly to traditional ATMs, the significant value of cryptocurrencies makes them attractive to cybercriminals, who […]

Prominent Economic Analyst Predicts a ‘Bloodbath’ in the Spot Crypto Market

In arecent episode of The Peter Schiff Show, Peter Schiff discusses the fragile state of financial markets and the looming potential for a collapse. Weak Jobs Report and Market Instability Schiff starts by analyzing the recent non-farm payroll report, which he describes as weaker than the media portrays. Despite this, the report wasn’t weak enough […]

Bitcoin Drops Below $55K Amid U.S. Jobs Report Miss and Recession Fears

As of 2:50 p.m. UTC on 6 September 2024, Bitcoin is trading at $54,746, marking a 3.4% drop over the past 24 hours. This significant decline in Bitcoin’s value seems closely tied to the disappointing U.S. jobs data for August 2024, which was released earlier in the day. The broader cryptocurrency market, which typically follows […]

Crypto Is Going To Be the Fiancial Platform for AI, Says Coinbase Developer Platform’s Product Lead

In an interview with CNBC on September 5, Nemil Dalal, product lead of the Coinbase Developer Platform (CDP), discussed the intersection of artificial intelligence (AI) and cryptocurrency (crypto), describing how Coinbase executed its first AI-to-AI crypto transaction. Dalal noted that AI and crypto are among the most exciting developments in technology today. Crypto’s programmability, which […]

Ethereum’s Struggles in 2024: VanEck Report Unveils Major Challenges

In this article, we’ll first cover the key highlights from global asset manager VanEck’s “Crypto Monthly Recap for August 2024” report. Then, we’ll take a closer look at VanEck’s detailed analysis on why Ethereum (ETH) has been underperforming relative to other Layer 1 blockchains. Key Highlights from VanEck’s August 2024 Report According to VanEck, the […]

California AG Settles with Robinhood Crypto Over Alleged 2018-2022 Violations in $3.9M Deal

On 4 August 2024, California Attorney General Rob Bonta announced a $3.9 million settlement with Robinhood Crypto, LLC (Robinhood), following an investigation into alleged violations of California’s consumer protection laws between 2018 and 2022. The investigation centered on claims that Robinhood, during this period, prevented customers from withdrawing cryptocurrency from their accounts and failed to […]

Coinbase’s Chief Legal Officer: ‘We Are Going To See a Pro-Crypto Congress Emerge’

On September 3, in an interview with Bloomberg TV’s Sonali Basak and Michael Regan, Coinbase Chief Legal Officer Paul Grewal highlighted the approaches of the 2024 U.S. presidential campaigns and the potential implications for the crypto industry. Grewal shared his thoughts on the positions of former U.S. President Donald Trump and current U.S. Vice President […]

FT Report Reveals Telegram’s Heavy Reliance on Cryptocurrency Amid Durov’s Legal Trouble

The Financial Times (FT) recently published a report detailing the financial state of Telegram, the messaging app founded by Russian-born billionaire Pavel Durov, and cryptocurrency’s significant role in its revenue stream. According to the FT report by Robert Smith and Hannah Murphy, which was published on August 30, Telegram’s 2023 financials, which the publication obtained, […]

Brian Armstrong Says Coinbase Developer Platform Has Had Its First AI-to-AI Crypto Transaction

On August 30, Brian Armstrong, Co-Founder and CEO of Coinbase, shared a significant milestone in the integration of AI and cryptocurrency, revealing that Coinbase Development Platform (CDP) had facilitated the first-ever AI-to-AI crypto transaction. In this transaction, one AI purchased tokens from another AI, but these were not traditional cryptocurrency tokens; rather, they were words […]

Crypto-Friendly Countries Revealed: Best Places to Live and Invest in 2025, According to Wealthy Expat CEO

Rafael Cintron, CEO and Co-founder of second residency and citizenship consultancy firm Wealthy Expat, recently shared his insights on the top 13 crypto-friendly countries for 2025. In his video, he provided a detailed analysis of each country based on various criteria, including tax rates, the ease of buying goods with cryptocurrency, bank friendliness, residency and […]

Robot Ventures Secures $75M for Early-Stage Crypto Fund

Robot Ventures, an early-stage investor in notable crypto startups such as EigenLayer, Lido Finance, and Flashbots, has announced a new $75 million venture capital fund, according to a report by Muyao Shen for Bloomberg. The crypto venture investing landscape has witnessed a revival this year, fueled by a significant upswing in token prices since their […]

Over $1.2B in Crypto Stolen by Hackers So Far in 2024, Reports Immunefi

Immunefi, a prominent bug bounty and security services platform for the Web3 ecosystem, plays a crucial role in safeguarding the crypto community by regularly assessing the volume of funds lost due to hacks and scams. The platform is known for its large community of whitehat hackers who meticulously examine blockchain and smart contract code, identify […]

ParaFi Capital Raises $120M to Acquire Stakes in Specialized Crypto Funds

ParaFi Capital, a digital asset manager based in New York, has successfully raised $120 million from investors, including Theta Capital Management and Accolade Partners, according to a report by Olga Kharif for Bloomberg. The firm, which counts KKR & Co. co-founder Henry Kravis among its backers, plans to use part of the funding to acquire […]

Crypto.com Launches Global Retail Services from Dubai Hub With the Help of Standard Chartered

Crypto.com has announced the launch of global retail services, which will enable seamless deposit and withdrawal capabilities for millions of users of its app across more than 90 countries. This development is expected to significantly enhance the efficiency and utility of its customers’ cryptocurrency transactions. The global retail services will be offered through Crypto.com’s regional […]

Russia to Trial Supervised Usage of Crypto for Cross-Border Payments: Report

According to a Bloomberg report, Russia is preparing to begin trials that involve the use of cryptocurrency exchanges and digital tokens for cross-border transactions, aiming to mitigate payment difficulties exacerbated by international sanctions. The trials are scheduled to start on September 1, as reported by sources familiar with the matter. The trials will utilize the […]

Investment Strategist Reveals Major Potential Impact of U.S. Presidential Election on Crypto Market

In a recent episode of CoinDesk TV’s “Markets Daily,” Victoria Bills, co-founder and Chief Investment Strategist at Banrion Capital Management, provided valuable insights into the current state of the cryptocurrency market, the impact of political discussions ahead of the upcoming U.S. presidential election, and the broader economic landscape. Bills shared her thoughts on how these […]

Global Macro Investor Explains Why He Is So Bullish on Bitcoin and Ethereum in Current Macro Environment

Dan Tapeiro sees a major market shift on the horizon, one that could redefine the balance between traditional assets like gold and emerging digital currencies. In his recent interview with CoinDesk, Tapeiro predicted that Bitcoin and Ethereum are poised for explosive growth, driven by global liquidity changes that are just beginning to unfold. Tapeiro begins […]

Public Citizen Report Criticizes Crypto Sector’s Political Influence in 2024 U.S. Elections

Public Citizen, a nonprofit consumer advocacy organization based in Washington, D.C., has released a report alleging that the cryptocurrency sector is significantly exploiting the U.S. Supreme Court’s Citizens United ruling to dominate political spending in the 2024 U.S. elections. The 2010 Citizens United decision allowed corporations and unions to spend unlimited amounts on political campaigns, […]

2024 U.S. Democratic Platform Sidesteps Crypto Policy Despite Senator Chuck Schumer’s Pro-Crypto Push

Despite weeks of assurances from the Harris-Walz 2024 presidential campaign and senior Democratic officials that a crypto ‘reset’ would shift away from the Biden administration’s anti-crypto stance, the 2024 Democratic Party Platform did not address cryptocurrencies or digital asset policy. The 91-page document, released on August 19, covers a wide range of topics, including “corporate […]

Bitwise Asset Management Acquires London-Based Crypto ETP Issuer ETC Group, Strengthening European Market Presence

On 19 August 2024, Bitwise Asset Management announced its acquisition of ETC Group, a significant move that marks the expansion of Bitwise’s presence in the European market. Founded in 2019, ETC Group has developed a robust suite of exchange-traded products (ETPs) that have gained substantial traction in the cryptocurrency space. Among ETC Group’s offerings are […]

“It’s Still My View That Solana Is the Fastest Horse in Crypto”, Say CEO of Crypto Hedge Fund Asymmetric

In a recent episode of the Wealthion podcast, Joe McCann, the Founder, CEO, and CIO of the crypto hedge fund Asymmetric, sat down with Anthony Scaramucci, the Founder and Co-Managing Partner of global alternative investment firm SkyBridge Capital. Federal Reserve and Global Macro Environment McCann began by sharing his thoughts on the Federal Reserve’s monetary […]

‘Solana Is Really Blowing Out All the Metrics Versus Other Chains Right Now’, Says Real Vision CEO

In a recent episode of the Wealthion podcast, Raoul Pal, the CEO and co-founder of Real Vision and Global Macro Investor, joined Anthony Scaramucci for a deep dive into the current state of the markets. Pal shared his perspectives on why recession fears are overblown, why current market volatility should be embraced, and how the […]

Circle CEO Jeremy Allaire on Crypto’s Role in the 2024 U.S. Presidential Election

In a recent appearance on CNBC’s “Squawk Box,” Jeremy Allaire, co-founder and CEO of Circle, discussed the evolving landscape of cryptocurrency, the intersection of digital currencies with U.S. politics, and the global implications of these developments. Cryptocurrency as a Political Issue: A Bipartisan Approach? Allaire began by highlighting the surprising political bifurcation within the crypto […]

Shark Tank Star Kevin O’Leary Lays Out the Blueprint for Crypto Mass Adoption

In a recent episode of the Decrypt podcast, Kevin O’Leary, widely recognized as “Mr. Wonderful” from Shark Tank, delved into a comprehensive discussion on the future of cryptocurrency, the evolution of the market, and the role of regulatory frameworks in shaping the industry’s trajectory. The Global Impact of Shark Tank and Venture Capital Kevin O’Leary […]

Trump Organization Poised to Make Big Splash in Crypto World, Says Eric Trump

The Trump Organization appears to be on the verge of a significant foray into the world of cryptocurrency. According to a recent exclusive interview with the New York Post, Eric Trump has revealed plans for a major crypto-related initiative in the coming weeks. Eric Trump is the third child of former U.S. President Donald Trump […]

With 5 Important US Economic Indicators Due This Week, Analyst Says Crypto Holders Should Prepare for a Wild Ride

On Sunday, 11 August 2024, well-known crypto analyst and influencer “MartyParty” took to social media platform X to highlight several crucial U.S. economic indicators scheduled for release this week. For those in the trading and investing world, these indicators are more than just numbers; they are essential data points that offer insights into the current […]

Cryptocurrency’s Popularity May Be a Double-Edged Sword, Explains Renowned Economist

Eswar Prasad, a professor at Cornell University’s Dyson School, recently shared his views in an opinion piece for The New York Times (NYT), expressing concern about the growing mainstream acceptance of cryptocurrency. Eswar Prasad is the Tolani Senior Professor of Trade Policy at Cornell University and a Senior Fellow at the Brookings Institution, where he […]

President Vladimir Putin Signs New Law That Legalizes Crypto Mining in Russia

On August 8, Russian President Vladimir Putin signed a law that officially legalizes cryptocurrency mining in Russia. According to a report by Russian news agency TASS, the law introduces several key concepts, including digital currency mining, mining pools, mining infrastructure operators, address identifiers, and the role of individuals organizing mining pool activities. It also clarifies […]

Crypto Market Resurgence: Combined Spot and Derivatives Trading Volume Soars by 19% in July 2024

The July 2024 edition of CCData’s Exchange Review report reveals several significant trends in the digital asset market. CCData, an FCA-authorized benchmark administrator, is a global leader in digital asset data. It offers high-quality real-time and historical data for institutional and retail investors. Known for its expertise and objective insights into the digital asset industry, CCData publishes […]

Japan’s Financial Regulator Urges Caution on Spot Crypto ETFs

Japan’s financial landscape is grappling with the question of spot crypto exchange-traded funds (ETFs). The nation’s top financial watchdog is reportedly advocating for a cautious approach, setting Japan apart from other major economies. According to a report by Taiga Uranaka and Nao Sano for Bloomberg, Hideki Ito, who heads Japan’s Financial Services Agency (FSA), expressed concerns about […]

Bull vs. Bear: Why This Trading Pro Says You Should Always Bet on the Bull (Long Term)

On August 7, prominent trader and macro-economist Alex Krüger shared valuable advice for new traders on the social media platform X (formerly Twitter). His insights apply to both stock and cryptocurrency markets. Let’s break down his advice, explaining key concepts along the way. 1. The Power of Contrarian Trading Krüger highlights the potential profitability of […]

5 Golden Rules for Not Getting Wiped Out During Crypto Market Meltdowns: Analyst Miles Deutscher

On August 6, Miles Deutscher, a prominent crypto analyst and influencer, shared crucial investing advice on X (formerly Twitter) that can help both novice and seasoned traders navigate the volatile world of cryptocurrency. He outlined five essential rules to avoid significant losses and maximize profits. 1. Always Set Invalidations Miles Deutscher emphasizes the importance of […]

Cryptocurrency Theft Ends in Tragedy: Ukraine’s Police Uncover Shocking Murder Plot

According to a report by Daniel Kuhn for The Block, a press release by Ukraine’s National Police announced on July 29 that Kyiv police had apprehended four men, aged 24 to 29, who meticulously planned and executed the abduction and murder of a 29-year-old foreigner. The criminals targeted the victim for his cryptocurrency, valued at approximately 7 […]

Pantera Capital: Key Reasons for Crypto Market’s Struggles and Why We’re Bullish Now

In the latest issue of crypto-focused investment firm Pantera Capital’s newsletter, Cosmo Jiang, Portfolio Manager (Liquid Strategies), and Erik Lowe, Head of Content, provide insights into the cryptocurrency market’s current state and future outlook. They note that digital asset prices experienced a pullback in the second quarter after a strong start to the year. This […]

Kamala Harris’ Crypto Outreach Signals Potential Reset in Democratic-Crypto Relations: FT Report

According to a report (by George Hammond, James Fontanella-Khan, and James Politi) published on July 27 by the Financial Times (FT), Vice President Kamala Harris’s campaign team has made significant moves to engage with the cryptocurrency industry. This outreach comes at a crucial time, as the sector has emerged as a notable supporter of Donald […]

Democratic Lawmakers Advocate for Pro-Crypto Policies in Open Letter

On July 26, a coalition of Democratic officials, congressional candidates, and party leaders addressed an open letter to Jaime Harrison, Chair of the Democratic National Committee (DNC), and prospective presidential candidates. The letter, signed by over 20 lawmakers and candidates, emphasizes the critical need for the Democratic Party to adopt a forward-looking approach to digital […]

Former President Trump’s Potential Re-Election Could Ignite Crypto Sector, Says Bernstein

As former U.S. President Donald Trump prepares to address the Bitcoin Nashville conference on July 27, analysts at Bernstein are closely watching seven key crypto stocks and have suggested the market hasn’t yet priced in the possibility of Trump becoming president again.  In a recent note, the research firm shared a bullish outlook for the […]

Tips for Staying Ahead of Crypto Thieves by Coinbase’s Chief Information Security Officer

Frank Chaparro, Director of Special Projects at The Block, recently interviewed Coinbase Chief Information Security Officer (CISCO) Jeff Lunglhofer for Episode 47 of Season 6 of The Scoop podcast. Lunglhofer offered a comprehensive look into the various strategies and practices Coinbase employs to protect its users and their assets while also shedding light on the […]

Kamala Harris’ Stance on Crypto and AI: What Industry Leaders Expect

With Kamala Harris emerging as a potential Democratic nominee, industry leaders are speculating on what her presidency might entail, particularly regarding cryptocurrency and artificial intelligence (AI). According to a recent article by Megan Messerly for Politico, there is considerable uncertainty surrounding Harris due to her relatively short tenure in Washington and her swift rise in […]

Shark Tank’s “Mr. Wonderful” Explains the Rationale for His Crypto Investments

In a recent interview with CoinDesk’s Jennifer Sanasie, Kevin O’Leary, chairman of O’Leary Ventures and a prominent figure on “Shark Tank,” shared his perspectives on cryptocurrency investments and the influence of U.S. SEC Chairman Gary Gensler’s regulatory measures. O’Leary, also known as “Mr. Wonderful,” is a Canadian businessman, investor, and television personality. He gained fame […]

TON-Powered P2E Game Hamster Kombat Is a ‘Scam’ That ‘Must Be Stopped’, Says Powerful Russian Politician

Hamster Kombat is a popular play-to-earn game hosted on Telegram, leveraging The Open Network (TON) blockchain. Launched in early 2024, it quickly gained traction, with over 250 million players globally by mid-2024. The game combines elements of clicker mechanics and cryptocurrency management, where players take on the role of a hamster CEO managing a virtual […]

Crypto Trading Expert Explains How to Hedge Like a Pro to Minimize Risk

On 18 July, Jacob Canfield, a prominent figure in the cryptocurrency world, shared valuable insights on the concept of hedging via the social media platform X. Canfield emphasized the importance of hedging as a strategy for traders to protect their investments against market downturns and manage capital gains effectively. Canfield started by explaining that hedging […]

Cardano Founder Charles Hoskinson Counters Ethereum Founder Vitalik Buterin’s Stance on Crypto Politics

In a blog post published on July 17, Ethereum co-founder Vitalik Buterin expressed his concerns about the increasing trend within the crypto community to support political candidates based solely on their stance towards cryptocurrencies. Buterin warned that such a narrow focus could betray the broader values that initially motivated the creation of cryptocurrencies. Buterin highlighted […]

IOG CEO Charles Hoskinson on Donald Trump‘s VP Pick JD Vance, Who Happens to Be a Bitcoiner

On July 15, 2024, Charles Hoskinson, co-founder and CEO of IOG, released a video addressing Donald Trump’s selection of JD Vance as his vice presidential candidate. JD Vance, born James David Vance on August 2, 1984, in Middletown, Ohio, is an American author, venture capitalist, and politician. He gained widespread recognition with his 2016 memoir, […]

Inside Andrew Tate’s Crypto World: Power, Influence, and Change

Former professional kickboxer Andrew Tate recently shared his thoughts on the current state of the cryptocurrency market in an extensive interview. Here are some of the key points he covered regarding crypto: Introduction to Crypto: Tate expressed his intention to introduce himself to the crypto world, acknowledging that many people in the crypto community were […]

Dip Buying Potential: Santiment Analyzes Market Risks for $ADA, $DOGE, $XRP, $BTC, $ETH, $TON

On 5 July 2024, Santiment shared a post on the social media platform X, highlighting the Market Value to Realized Value (MVRV) ratios for several notable cryptocurrencies over a 30-day period. Santiment is a comprehensive crypto market intelligence platform that provides insights through behavioral analytics, on-chain data, social metrics, and development activity. Established in 2016, […]

Crypto Market Set to Soar: Bullish Insights from CCData’s 2024 H2 Outlook

CCData, an organization authorized by the UK’s financial regulator, the FCA, to administer benchmarks, stands out as a key player in the digital asset data sphere. The company provides high-quality, real-time, and historical data to both institutional and retail investors. Building on its data expertise, CCData produces analytical reports and thought leadership pieces, aiming to […]

Prominent Analyst Claims Telegram is Crypto’s Real Mass Adoption Driver

In a thought-provoking opinion piece for CoinDesk, David Zimmerman, an analyst at K33 Research, challenges the notion that crypto’s killer app is yet to come. Zimmerman boldly suggests that Telegram, in collaboration with a handful of independent developers, has made more significant strides in onboarding the masses to crypto than the $100 billion in venture […]

$XRP and $ADA Have 6x and 8x Potential Respectively, Predicts Popular Crypto Analyst

On June 28, pseudonymous crypto analyst “Altcoin Moe” shared his insights on the social media platform X, outlining his top narratives for the current crypto bull run. He categorized these projects into three risk tolerance levels: super safe, intermediate, and high risk. Here’s what he said about Ethereum, Solana, XRP, and Cardano: “Super Safe” Investments […]

SEC Chair Gary Gensler: “There’s Nothing Inconsistent About Crypto Securities and the Securities Laws”

On June 25, Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), spoke with Bloomberg’s Annmarie Horden at the Bloomberg Invest Summit. During the conversation, Gensler addressed the intersection of cryptocurrency and securities laws, the political implications of crypto regulation, and his ongoing priorities at the SEC. Crypto Securities and SEC Regulations […]

Circle CEO Jeremy Allaire Explains Why He Is ‘Insanely Optimistic Right Now’

In a sweeping social media post on June 19, 2024, Jeremy Allaire, Co-Founder and CEO of Circle, painted a decidedly optimistic picture of the cryptocurrency landscape. Circle is a prominent project in the cryptocurrency space, best known for its development of USD Coin (USDC), a stablecoin pegged to the US dollar. Founded in 2013 by […]

$FET: AI Token Fetch.ai Skyrockets and Gets Into Top 30 Thanks to $ASI Token Merger Hype

With the crypto market doing slightly better today, with Bitcoin and Ethereum up 0.8% and 1.4% respectively, one altcoin is showing the crypto market what a real rally looks like. Fetch.ai ($FET) is a project that aims to create a decentralized digital world where autonomous software agents can perform tasks on behalf of individuals, businesses, […]

Former CoinShares Chief Strategy Officer Meltem Demirors Predicts ‘Sideways Summer’ for Crypto

On June 18, former CoinShares Chief Strategy Officer Meltem Demirors discussed the current state of the cryptocurrency market as we head into summer. Speaking with Sonali Basak on Bloomberg TV’s “Bloomberg Crypto,” Demirors provided a detailed analysis of recent trends, market performance, and future expectations for the crypto space. At the time of this interview, […]

CryptoQuant Identifies the Three Key Factors Behind Recent Crypto Market Downturn

According to CryptoQuant, a South Korea-based on-chain data/analytics provider, three key factors are behind the recent cryptocurrency market declines, as outlined in their analysis published on June 18, 2024. CryptoQuant identifies the first reason as miner capitulation, stating that miner revenues have dropped by 55%, forcing miners to sell more Bitcoin to cover costs. The […]

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