The latest Consumer Price Index (CPI) data from the U.S. Bureau of Labor Statistics reveals that inflation eased to 2.5% in August, the slowest rate since 2021. Core CPI, which…
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The Difference Between Spot and Futures Cryptocurrency ETFs
This year, the U.S. Securities and Exchange Commission approved 12 spot bitcoin ETFs and nine spot ether ETFs. Let’s dive deep into the distinctions between spot and futures exchange-traded products…
Metaplanet Buys Additional ¥300 Million Worth of Bitcoin
Metaplanet, a publicly traded Japanese company, has announced a significant addition to its Bitcoin portfolio. The company recently acquired 38.6 BTC for 300 million yen (approximately $2.2 million), boosting its…
Early Bitcoin Developer Backs Satoshi Nakamoto Theory
Jeff Garzik Releases New Videos on Working with Bitcoin’s Mysterious Creator Jeff Garzik, a prominent Linux contributor and early Bitcoin developer, who contributed to the Bitcoin project from 2010 to…
Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE
Standard Chartered has officially introduced its digital asset custody service in the UAE, a move that marks a significant development in the financial services sector. The service has received licensing…
Bitcoin Mining Difficulty Hits New All-Time High Record 92 Trillion
As of September 11, 2024, Bitcoin’s mining difficulty has reached a historic peak of 92.67 trillion, marking a significant 3.04% increase within the past 24 hours. This new all-time high…
How to Create Your Own NFT
An NFT (Non-Fungible Token) is a unique digital asset that represents ownership of something, often artwork, music, videos, or even virtual real estate. NFTs are built on blockchain technology, typically…
How to Create Your Own Cryptocurrency: A Step-by-Step Guide
Creating your own cryptocurrency can sound like a complex task, but… With the right approach, it’s achievable for anyone interested in the world of blockchain technology. Whether you’re building a…
NFT Sales Decline 7.69% in Early September as the Digital Collectibles Market Adjusts
The first week of September hasn’t brought much improvement to the world of non-fungible tokens (NFTs). Sales dropped by 7.69% over the seven days, with the total number of NFT…
Bitcoin Short-Term Holders Face Increased Unrealized Losses
A recent Glassnode report, led by researchers Ukuriaoc and Cryptovizart, sheds light on the mounting stress among short-term Bitcoin (BTC) holders. As market pressure intensifies, these investors are facing increased…
Understanding Cryptocurrency Mining: A Comprehensive Guide
Cryptocurrency mining is a crucial component of many blockchain-based networks, enabling the creation of new coins and the validation of transactions. This detailed guide will explore the intricacies of mining,…
Understanding Cryptocurrency: How It Works, Key Examples, and the Mining Process
Cryptocurrency is a digital or virtual form of money that uses cryptography for security. It operates on a decentralized network based on blockchain technology. In this post, we’ll explore what…
A Comprehensive Guide to Litecoin: History, Features, and Future Outlook
Litecoin is a type of cryptocurrency that was created as a “lighter” version of Bitcoin. It was designed to offer a quicker transaction time and a different hashing algorithm compared…
Blockchain Funding in Africa Drops to 1.3% in 2023, Transaction Share Increases — Report
In 2021, Africa’s share of global blockchain transactions marginally increased to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America ranks below Africa in blockchain…
Average Bitcoin On-Chain Fees Drop Below $2, Lowest in Over 250 Days
Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current on-chain fees at 15.5 satoshis per virtual byte (sat/vB), translating to $1.54 per…
Telegram CEO Predicts Mass Blockchain Adoption This Year — Announces Mini Apps Store and Web3 Browser
Pavel Durov, CEO of Telegram, is forecasting 2024 as the year of mass blockchain adoption. He has announced new features, including a mini apps store, an in-app Web3 browser, and…
Brazil’s Central Bank Reveals New Use Cases for Second Phase of Drex CBDC Pilot
The Central Bank of Brazil has unveiled a new set of use cases that will be part of the ongoing pilot for its central bank digital currency (CBDC), Drex. Among…
Japan’s Largest Banks to Use Stablecoin System Linked to SWIFT for Cross-Border Payments
Japan’s largest banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, known as Project Pax, replaces correspondent banks with blockchain technology,…
Weekly Crypto Market Summary: Top Gainers and Losers Revealed
This week saw notable movements in the cryptocurrency market, with some assets experiencing significant gains while others faced sharp declines. The total cryptocurrency market capitalization currently stands at $1.96 trillion,…
Polymarket Traffic and Trading Volume Surge, $137.3M in First 9 Days of September
In just over a week, Polymarket, the blockchain-powered prediction market platform, has achieved an impressive trading volume of $137.3 million. This figure has already surpassed the total volume recorded in…
Compass Mining Activates 3,000 Bitcoin Mining Machines at Iowa Facility
Compass Mining has officially activated 3,000 Bitcoin mining machines at its new hosting facility in Iowa, with plans to deploy an additional 1,000 machines by the end of September. This…
Trump-Harris Debate Expected to Drive Cryptocurrency Volatility, Says QCP Capital
QCP Capital anticipates that the highly anticipated debate between Donald Trump and Kamala Harris could significantly impact the cryptocurrency market. Both figures, being among the most polarizing in recent U.S.…
Inactive Bitcoin Wallet from 2013 Springs to Life with $8M Transfer
On Monday, as Bitcoin began to recover from a recent dip to $52,546, an old Bitcoin wallet suddenly became active. For the first time since November 20, 2013, the wallet…
Technical Analysis of Ethereum: ETH Faces Pivotal Resistance
As of September 9, 2024, Ethereum’s price is at $2,309, struggling to break free from a strong downtrend observed across multiple time frames. The market shows uncertainty, with oscillators providing…
BBVA Enhances Institutional Crypto Solutions with USDC Integration
BBVA has integrated the stablecoin USD Coin (USDC) into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, more…
Kraken Adjusts Margin Product to Comply with Australian Cryptocurrency Laws, Calls for Clearer Regulations
Kraken, the cryptocurrency exchange, has made adjustments to its margin trading product following a ruling by the Federal Court of Australia. The court determined that Kraken’s fiat margin extensions are…
Nigeria Resumes Dollar Sales to Currency Traders Amid Naira’s Decline
The Central Bank of Nigeria (CBN) has resumed selling U.S. dollars to Bureau de Change (BDC) operators in a bid to address the naira’s rapid depreciation. This decision follows the…
Brazil’s Tax Authority Uses AI to Uncover Over $180 Million in Cryptocurrency Tax Fraud
Brazil’s Federal Revenue Service has recently revealed the use of an internal AI-powered tool designed to detect money laundering and tax evasion through cryptocurrency transactions. This advanced tool has already…
Demystifying Cryptocurrency Taxes: What You Need to Know
Cryptocurrency taxation is a complex and evolving area of regulation that can be confusing for investors. As governments around the world grapple with how to tax digital assets, cryptocurrency holders…
Cryptocurrency Regulation: A Comprehensive Global Overview
Cryptocurrency regulation is a topic of increasing importance as digital currencies continue to gain traction worldwide. Governments and regulatory bodies are grappling with how to effectively regulate this emerging asset…
Unraveling the Impact of Bitcoin Halving Events on the Market
Bitcoin halving events are significant milestones in the cryptocurrency world, known for their potential to influence market dynamics and investor sentiment. But what exactly are Bitcoin halvings, and how do…
U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock
U.S. spot Bitcoin ETFs are witnessing significant shifts in market activity. Yesterday, a massive exodus of funds took place, with a total of $287.8 million withdrawn across several ETFs. According…
Relai’s Bitcoin Mission: Bringing Europeans the Orange Coin Despite the Red Tape
Relai is a private company founded in July 2020 by Julian Liniger and Adem Bilican, with its headquarters located in Zurich, Switzerland. The company holds one-third of its treasury in…
The Future of Cryptocurrency: Emerging Trends and Predictions
Cryptocurrency has come a long way since the inception of Bitcoin over a decade ago. As the digital asset landscape continues to evolve, it’s essential to stay ahead of emerging…
Bitcoin vs. Ethereum: A Comprehensive Comparison of the Top Cryptocurrencies
Bitcoin and Ethereum are two of the most prominent cryptocurrencies in the digital asset space, each with its unique features, use cases, and communities. In this in-depth comparison, we’ll explore…
Unlocking the Power of Blockchain: A Comprehensive Guide to Understanding Blockchain Technology
In the realm of digital innovation, few technologies have garnered as much attention and potential as blockchain. From cryptocurrencies to supply chain management, blockchain technology can revolutionize industries across the…