Crypto news

TL;DR Some NFT-related cryptocurrencies have shown notable development activity in the last month. Despite strong market performances, sector leaders by market cap like Internet Computer (ICP) and Artificial Superintelligence Alliance (FET) were not included in the top 10 list. The Top Performers Non-fungible tokens (NFTs) and cryptocurrencies related to them were one of the main trends during the crypto bull run of 2021. Despite the diminishing interest, many of those coins...

The first wave of spot Ethereum exchange-traded funds (ETFs) in the United States debuted on July 23, with inflows running above $100 million. While the positive flows signal a strong start for the funds, ether (ETH) may not witness the parabolic uptrend bitcoin (BTC) saw after asset managers launched its ETFs earlier this year. In CryptoQuant’s latest weekly crypto report, on-chain experts explained that new money flows into digital asset products like ETFs would have a...

TL;DR The upcoming US presidential elections feature Donald Trump, Kamala Harris, Robert Kennedy and others. If Kennedy wins, it could boost bitcoin’s (BTC) price due to his pro-crypto policies, although this scenario is highly speculative given his current low polling numbers. The Surprising Scenario The US presidential elections are less than four months away, with tension going up lately. Those going to the ballot boxes will have to choose between the Republican candidate...

All eyes in the crypto community yesterday were on the Bitcoin Conference in Nashville as Donald Trump was scheduled to appear and talk about BTC, which eventually resulted in substantial price volatility for the asset. On a daily scale, most cryptocurrencies are slightly in the red, with TON and DOGE leading the pack from the larger-cap ones. BTC Sees a Rollercoaster Last weekend was also quite eventful in terms of price action for bitcoin as the asset fell by $2,000 in...

Italian luxury sports car manufacturer – Ferrari – announced plans to expand its cryptocurrency payment system to its network of European dealers from the end of July. Ferrari also intends to extend its crypto transaction options to additional countries in its global dealership network where digital currencies are legally recognized, by 2024-end. In its official press release this week, the Maranello-based company also disclosed that it will utilize the expertise of several...

Bitcoin has remained the most used cryptocurrency by criminals, even with the rise of privacy coins like Monero. According to the recent Europol Internet Organized Crime Threat Assessment report, financial crimes are also still the main illicit crypto use. Bitcoin’s Popularity with Criminals Sparks Concerns Bitcoin has been the preferred asset for ransomware groups due to its accessibility for non-savvy users compared to alternatives like Monero (XMR). Despite this, criminals...

Bitcoin’s price has been on a rollercoaster throughout the past couple of hours, largely induced by the anticipation of and subsequent speech of former US President and current Presidential Candidate Donald Trump at Bitcoin 2024 in Nashville. The price initially nosedived below $67K from an intraday high at above $69K before the speech. Source: TradingViewUpon the end of Trump’s speech, the price started to recover, coinciding with a few important statements that the made. He...

The 2024 US presidential elections are arguably one of the most important political events that the entire world is watching. Donald Trump, the former president and current Republican candidate, has gone live on the stage of Bitcoin 2024, a BTC-centered conference held in Nashville. He has spent recent weeks trying to make amends with the cryptocurrency industry, having met with some of the largest Bitcoin mining companies and others. Speaking live at Bitcoin 2024, he said...

Coinbase’s entity in the UK was fined $4.5 million for breaking an agreement with the Financial Services Authority (FSA). CB Payments Limited (CBPL), the entity, onboarded high-risk customers, possibly allowing crime-related funds to follow into the country’s financial system. “CB Payments Limited (CBPL) has been fined £3,503,546 by the Financial Conduct Authority (FCA) for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers,” the FSA said...

Ethereum has recently faced a notable rejection and experienced a 13.3% decline after breaking above the 100-day moving average. The price is currently struggling to break below the 200-day MA, indicating a notable bearish sign if the breakout occurs. By Shayan The Daily Chart A close examination of Ethereum’s daily chart reveals that after breaking out above the critical 100-day moving average at $3,354 and a brief period of consolidation, it experienced a significant...