New data from market intelligence firm Santiment reveals that deep-pocketed Bitcoin (BTC) investors have splurged over $750 million on the king crypto during the last three months. According to Santim...
Category: Crypto
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Bridgecoin Capital unveils lending platform for lending crypto into real estate assets
The Bridgecoin Capital lending platform will lend customers’ crypto into traditional real estate assets. The new lending platform enables investors to defer their crypto gains tax, while simultaneousl...
SEC warns audit firms over incomplete and misleading crypto audits
Accounting firms working with digital asset firms must be cautious with how their reports are used and represented by their clients, the top accounting tsar at the U.S. Securities and Exchange Commiss...
Hong Kong starts crypto trading with HashKey exchange
The Hong Kong-based crypto exchange HashKey received approval licenses, marking the start of crypto trading in the city. According to Twitter statement, HashKey users can officially trade crypto asset...
Democrat senators want Treasury, IRS to pick up the pace on new crypto tax rules
A group of Democratic senators sent a letter to the US Department of Treasury and the Internal Revenue Service asking for information on when new cryptocurrency tax guidance will come as a deadline qu...
Ukraine Government Reveals Crypto Firms Have Cost The Country $81 Million In Lost Taxes
According to data released by the Ukrainian government, cryptocurrency firms offering services in Ukraine have failed to contribute over $81 million in taxes to the country’s budget in the past decade...
Why are Crypto Down Today?
As the dawn breaks, crypto traders wake up to a sea of red. This prompts a crucial question: why are crypto down today? Several factors are contributing to the downturn. Broadly, it seems like a marke...
Social media bots suspected in possible FTX crypto price manipulation, reveals report
A new report by the Network Contagion Research Institute (NCRI) suggests that social media activity, especially from inauthentic accounts, may have significantly amplified the value of certain cryptoc...
SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case
The U.S. Securities and Exchange Commission (SEC) has obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Utah-based entity operating as ...
Wall Street Memes Presale Raises Over $20m as One Whale Invests 460 Ethereum into the New Meme Coin
The presale continues to make waves in the crypto community, recently surpassing the $20 million milestone. A significant contributing factor to the success of Wall Street Memes ($WSM) has been the ma...
crypto news: Terra/Luna lawsuit – The Cryptonomist
Galaxy Digital, a major digital asset manager, is facing potential new delays in its Nasdaq price plan due to a class action lawsuit in Canada linked to the failed Terra/Luna crypto ecosystem. The pr...
Robinhood Sets New Low For Crypto Transaction Revenue With $31 Million Loss
After-hours trading on Wednesday saw a nearly 7% decline in shares of Robinhood after the online broker announced a profitable quarter for the first time as a publicly traded firm, but witnessed a dec...
Introducing the CoinMarketCap’s Crypto Fear and Greed Index – A Comprehensive Crypto Market Sentiment Tracker
August 3, 2023 – London, United Kingdom CoinMarketCap, the leading platform for cryptocurrency data, announces the launch of its groundbreaking CMC Crypto Fear and Greed Index. Designed to meet a cruc...
Introducing the CoinMarketCap’s Crypto Fear and Greed Index: A Co…
London, United Kingdon, August 3rd, 2023, Chainwire CoinMarketCap, the leading platform for cryptocurrency data, announces the launch of its groundbreaking CMC Crypto Fear and Greed Index. Designed to...
Top crypto tweets of the day – August 3rd
Binance appoints former Kristen Hecht official as new Deputy Chief Compliance Officer Binance announced the appointment of former Global Head of Corporate Compliance Kristen Hecht as new Deputy Chief ...
Crypto Exchange eToro Caught In Regulatory Headwinds With ASIC Lawsuit
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the crypto exchange eToro for offering high-risk contracts for difference (CFD) products, reportedly causing alm...
Former Crypto Executive Do Kwon Will Spend Four Months in Jail
Do Kwon – the nefarious founder of the now failed stable coin company Terraform Labs – will spend the next four months behind bars in Montenegro after he was detained at one of the nation’s airports w...
Top 3 Altcoins Attracting Crypto Whales for August
The altcoin market has shown early signs of a positive start to August 2023. On-chain data shows that crypto whales have invested millions in three high-cap tokens in the top 50 crypto rankings. Excl...
Crypto news for Sui – The Cryptonomist
Following the SIP #6 discussion, the Sui crypto project team decided to make an update to the network and implement the native liquid staking process. Users can now put their SUI coins into staking an...
All Hype? BALD Meme Coin’s Volume Shaved By 96%
A sequence of unfortunate developments has struck BALD meme coin enthusiasts, as the once-shining (no pun intended) digital asset has experienced a jaw-dropping 96% decline in trading volume. The roo...
Shiba Memu Takes the Crown as the Best New Meme Coin
Ever wondered if meme coins could be a profitable investment? Welcome to the meme coin market, a crypto arena where lighthearted fun meets serious financial gains. Where viral content is not just for...
Crypto Whales’ Stablecoin Movements Raise Traders’ Curiosity
Whale Alert observed transactions involving significant stablecoin volumes. The observed $140M worth of USDT and USDC transactions involved deposits and withdrawals from centralized exchanges. Crypto ...
Binance Processed $90,000,000,000 Worth of Trading Volume in China in May, Despite Country’s Crypto Ban: Report
China reportedly remains a lucrative market for the crypto exchange Binance even though the country made trading digital assets illegal in 2021. The Wall Street Journal reports that two years after th...
Robinhood Q2 Report: Crypto Revenue Declines by 18%
The company’s EBITDA grew by 31% progressively to $151 million. Robinhood is getting ready for expansion in the UK. Despite a decline in revenue, Robinhood announced profitable results for the second ...
Twitter Bot Activity Play Crucial Role In Inflating Altcoin Prices
A study conducted by the Network Contagion Research Institute (NCRI) has shed light on the pervasive role of Twitter bots in artificially inflating the prices of various altcoins. The research, which ...
HashKey becomes first Hong Kong licensed retail crypto trading service
HashKey Exchange has been licensed to offer crypto trading services to retail users in Hong Kong, making it the first exchange to offer such services in the region. According to an Aug. 3 press statem...
New ‘Crypto Broker’ Tax Law Push Headed by Elizabeth Warren
Anti-crypto senator Elizabeth Warren has penned a letter to the Internal Revenue Service (IRS) urging them to implement strict tax reporting rules for ‘crypto brokers.’ On Aug. 2, a letter was sent to...
Binance’s CZ warns crypto community about emerging scam
Binance CEO Changpeng “CZ” Zhao warned his followers on X — formerly Twitter — about a tricky and increasingly popular scam targeting the crypto community in which fake wallet addresses are used to de...
Justice Department May Charge Crypto Exchange Binance With Fraud: Report
A legion of Twitter bots pumped the price of crypto tokens traded by Sam Bankman-Fried’s quant trading firm Alameda Research shortly after FTX listed the tokens, according to a report from the N...
Massive Pump Coming for Bitcoin and One Ethereum-Based DeFi Altcoin, Says Crypto Analyst – Here’s His Forecast
A popular crypto analyst thinks Bitcoin (BTC) is primed for a massive pump, warning that traders might have to be “a little more patient” first. The pseudonymous analyst Credible Crypto tells his 343,...
China’s crypto ban doesn’t stop Binance with $90 billion reportedly traded
Binance, the world’s largest crypto exchange, was supposed to cease operations in China when the country made cryptocurrency trading illegal in 2021. However, in May, users traded approximately $90 bi...
Can BNB Hold Above $230? Here’s What You Need to Know (Binance Coin Price Analysis)
BNB’s momentum is shifting to the bearish side. The bulls are starting to feel the pressure. Key Support levels: $230 Key Resistance levels: $260 1. Flat Trend About to End BNB is stuck in a flat chan...