Generated by All in One SEO v4.9.3, this is an llms.txt file, used by LLMs to index the site. # Litecoin TV ## Sitemaps - [XML Sitemap](https://www.ltc-tv.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Treasury Secretary Says US Is Headed for a Non-Inflationary Economic Boom in 2026](https://www.ltc-tv.com/bitcoin-news/treasury-secretary-says-us-is-headed-for-a-non-inflationary-economic-boom-in-2026/) - U.S. Treasury Secretary Scott Bessent says the United States is entering a period of accelerated growth without inflationary pressure, outlining what he calls a “Bountiful 2026” economic blueprint following meetings in Davos. Treasury Secretary Scott Bessent Details ‘Bountiful 2026’ Vision After Davos In a series of media appearances and official remarks on Tuesday, Scott Bessent - [Dogecoin Price Just Confirmed A Reversal With The RSI Divergence](https://www.ltc-tv.com/crypto-news/dogecoin-price-just-confirmed-a-reversal-with-the-rsi-divergence/) - Dogecoin’s price action on the daily timeframe is starting to show early signs that the downtrend may be losing momentum. The king of meme coins has been trading with months of declining price movement, but technical analysis shows it is now printing a technical setup that might become a turning point. A developing double-bottom structure - [Hyperliquid’s HIP-3 Open Interest Notched $793M ATH On Monday](https://www.ltc-tv.com/blockchain/hyperliquids-hip-3-open-interest-notched-793m-ath-on-monday/) - Layer-1 blockchain network Hyperliquid has seen an explosion in trading through “Builder-Deployed Perpetuals” this month, hitting a new all-time high in open interest on Monday. In a post on X, Hyperliquid attributed the rapid adoption of HIP-3 — a permissionless market creation framework — to a surge in commodities trading.“HIP-3 open interest reached an all-time - [Coinbase faces new lawsuit over alleged investor deception](https://www.ltc-tv.com/blockchain/coinbase-faces-new-lawsuit-over-alleged-investor-deception/) - The plaintiffs claim Solana (SOL), Polygon (MATIC), Near Protocol (NEAR), Decentraland (MANA), Algorand (ALGO), Uniswap (UNI), Tezos (XTZ), and Stellar Lumens (XLM) are securities. Source link - [Uniswap Founder Shares His Two Cents On Good Token Distributions](https://www.ltc-tv.com/crypto-news/uniswap-founder-shares-his-two-cents-on-good-token-distributions/) - Hayden Adams, founder of the Uniswap protocol, has shared his opinion on what characterizes a good distribution or rollout of a token. In a recent post on the X platform, the prominent crypto figure listed 10 qualities of good token distributions, highlighting the complexities surrounding the launch of a cryptocurrency. Uniswap Founder Gives Opinion On - [Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern](https://www.ltc-tv.com/bitcoin-news/nigeria-mulls-over-banning-p2p-crypto-transactions-labels-crypto-trading-as-national-security-concern/) - Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions. According to a report, Nigeria’s Office of the National Security Adviser has classified cryptocurrency trading as a national security concern. Three fintech startups, known for enabling such transactions, have been directed to block and report peer-to-peer cryptocurrency transactions to law enforcement - [Shiba Inu In Danger Zone: 15% Price Crash Incoming?](https://www.ltc-tv.com/crypto-news/shiba-inu-in-danger-zone-15-price-crash-incoming/) - The price of Shiba Inu (SHIB), the self-proclaimed “Dogecoin killer,” has been caught in a technical tug-of-war, with bears attempting to push it lower and bulls clinging to signs of hope. Analysts are scrutinizing the memecoin’s chart pattern and on-chain data to decipher its next move. Descending Triangle Looms: Will SHIB Fall Or Fly? A - [Coinbase Beats Q1 Estimates - CryptoCurrencyNews](https://www.ltc-tv.com/bitcoin-news/coinbase-beats-q1-estimates-cryptocurrencynews/) - Cryptocurrency exchange Coinbase (NASDAQ:COIN) exceeded expectations in its first-quarter earnings report, outperforming both revenue and earnings projections. The company reported revenue of $1.64 billion, surpassing estimates of $1.32 billion, with adjusted earnings per share (EPS) reaching $4.40, exceeding the projected $1.07. To analyze Coinbase’s performance, Steve Jang, Founder and Managing Partner of Kindred Ventures, joins - [Trader loses $68M in address poisoning scam](https://www.ltc-tv.com/blockchain/trader-loses-68m-in-address-poisoning-scam/) - The attack caused the unknown trader to lose over 97% of their crypto holdings. Source link - [Is MATIC Poised For Takeoff? Key Area Breaks Records](https://www.ltc-tv.com/crypto-news/is-matic-poised-for-takeoff-key-area-breaks-records/) - Polygon (MATIC), the Ethereum scaling solution, has been a hot topic for weeks. Its daily active addresses recently hit an all-time high, exceeding 1.4 million, a testament to the network’s growing user base. This surge in activity, however, presents a tale of two sides for MATIC. Polygon’s Busy Streets: A Sign Of Growth Or Gridlock? - [Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23](https://www.ltc-tv.com/bitcoin-news/report-30-of-uk-watchdogs-financial-crime-experts-focused-on-crypto-businesses-in-2022-23/) - According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists focused on crypto-asset businesses. Assessments conducted by supervisors in the U.K. found that not only crypto-asset businesses, but nearly all participants in the country’s financial services sector, are susceptible to - [Hong Kong Bitcoin ETF launch in ‘top 20%,’ STRK scam suspect busted: Asia Express](https://www.ltc-tv.com/blockchain/hong-kong-bitcoin-etf-launch-in-top-20-strk-scam-suspect-busted-asia-express/) - The Hong Kong Bitcoin ETF launch was in the top 20% of launches, and 77% of local crypto holders still plan to invest: Asia Express. Source link - [Tether and Fuze Partners to Boost Digital Asset Awareness in Turkey and the Middle East](https://www.ltc-tv.com/bitcoin-news/tether-and-fuze-partners-to-boost-digital-asset-awareness-in-turkey-and-the-middle-east/) - Tether (USDT) has formed a partnership with Fuze, a digital assets infrastructure provider, to bolster education and awareness about digital assets in Turkey and the Middle East. The collaboration, detailed in an official press release, entails a Memorandum of Understanding (MoU) between the two entities, outlining mutual objectives without legal binding. The joint efforts between - [Bitcoin ETF (BTC) Inflows Slow](https://www.ltc-tv.com/blockchain/bitcoin-etf-btc-inflows-slow/) - “Many banks, endowments, and pension funds worldwide are only now beginning their due diligence processes before considering strategic allocations to BTC through newly launched ETFs," Kerbage continued. "As these large financial institutions make decisions over the coming months, it is likely that inflows will increase once again, potentially reaching new milestones for what has been - [Bitcoin Long-Term Holders Slow Down After 700,000 BTC Selloff, Reversal Sign?](https://www.ltc-tv.com/crypto-news/bitcoin-long-term-holders-slow-down-after-700000-btc-selloff-reversal-sign/) - On-chain data shows the Bitcoin long-term holder selling pressure has been running out recently after an extended selloff from the group. Bitcoin Long-Term Holders Have Sold Huge In Past 4 Months As analyst James Van Straten explained in a post on X, the long-term holders have massively reduced distribution during the last ten days. The - [There Are Many Bitcoin (BTC) Critics Left in Finance, Despite BlackRock's (BLK) Newfound Love](https://www.ltc-tv.com/blockchain/there-are-many-bitcoin-btc-critics-left-in-finance-despite-blackrocks-blk-newfound-love/) - Stone X Group's chief strategist, Kathryn Vera, gave a presentation at the Miami conference, stating that bitcoin won't be a reserve currency – economics jargon for a currency like the dollar, euro or yuan held by central banks to support global trade and finance – "in her lifetime." A key reason why the largest conventional - [Tether Announces Upcoming Release Of Multi-Chain Tokenization Platform](https://www.ltc-tv.com/bitcoin-news/tether-announces-upcoming-release-of-multi-chain-tokenization-platform/) - Tether is preparing the release of an in-house developed tokenization solution. Paolo Ardoino, CEO of Tether, announced on social media that the company is on the verge of releasing a white-label, multichain tokenization platform available for everyone. Ardoino explained that this platform would allow tokenizing bonds, stock, funds, or reward points. Tether Announces Release of - [Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021](https://www.ltc-tv.com/crypto-news/increased-bitcoin-etf-adoption-propels-btc-dominance-to-highest-level-since-2021/) - Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a level not seen since April - [Ethereum Whales Go On Buying Spree Amid Market Crash](https://www.ltc-tv.com/crypto-news/ethereum-whales-go-on-buying-spree-amid-market-crash/) - Ethereum, one of the leading cryptocurrencies, finds itself amidst a price decline alongside the broader crypto industry. This downturn has been exacerbated by escalating tensions in the Middle East, casting a shadow of uncertainty over the market. As the majority of cryptocurrencies experience a bleed in value, Ethereum is not immune to the trend. However, - [Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions](https://www.ltc-tv.com/blockchain/gold-backed-paxg-token-spikes-to-2-9k-amid-geopolitical-tensions/) - Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer. Source link - [Avalanche (AVAX) Downtrend Persists Amid Market Uncertainty](https://www.ltc-tv.com/crypto-news/avalanche-avax-downtrend-persists-amid-market-uncertainty/) - Generally, the cryptocurrency market is bearish at the moment, with coins like Avalanche (AVAX), Ethereum, Litecoin, XRP, Solana, and others all caught in this trend. Currently, the price of AVAX is on a strong bearish move below the 100-day Moving Average (MA) and could continue in that direction for a while before retracing. Technical Indicators - [Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics](https://www.ltc-tv.com/bitcoin-news/uncertainty-over-fed-rate-cuts-intensifies-with-sticky-inflation-metrics/) - As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for a reduction in July. Financial Analysts Question Timing of - [Coinbase (COIN) Seeks to Take Core Question in U.S. SEC Case to Higher Court](https://www.ltc-tv.com/blockchain/coinbase-coin-seeks-to-take-core-question-in-u-s-sec-case-to-higher-court/) - Investment contracts are securities regulated by the SEC, so if a crypto transaction qualifies, it belongs in the agency's jurisdiction and should be properly registered under the law. The regulator has argued before lawmakers and courts that the vast majority of digital assets are securities, but Coinbase and others from the industry contend that once - [Bitcoin Halving Countdown Discrepancies - CryptoCurrencyNews](https://www.ltc-tv.com/bitcoin-news/bitcoin-halving-countdown-discrepancies-cryptocurrencynews/) - As the Bitcoin network’s halving event approaches, scheduled to occur in about seven days (April 19), the accuracy of online countdowns is coming into question. Various platforms display conflicting estimates of when the halving will take place, creating confusion for those closely monitoring the event. For example, Watcher Guru forecasts the halving in seven days, - [Trump NFT Collection Trading Volume Plummets 99% Ahead of Criminal Trial](https://www.ltc-tv.com/bitcoin-news/trump-nft-collection-trading-volume-plummets-99-ahead-of-criminal-trial/) - The first edition of the Trump Digital Trading Card NFTs has experienced a significant downturn in sales, with trading volumes plummeting by 99% over the last 30 days. Data from OpenSea reveals a stark decline in transactions, with no activity recorded in the past week. This marks a sharp contrast from the initial buzz surrounding - [Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets](https://www.ltc-tv.com/blockchain/bitcoin-plunges-to-66k-altcoins-tumble-10-15-on-ugly-day-for-risk-assets/) - Investors may expect market weakness due to the tax season, Ryze Labs said in a report. Source link - [Traders Forecast Rally, Why Is Sentiment “Down”?](https://www.ltc-tv.com/crypto-news/traders-forecast-rally-why-is-sentiment-down/) - Bitcoin’s correction at the start of Q2 dragged down the Altcoins market, and a “gloomy” sentiment appears to surround investors despite Q1 2024 registering one of the best performances for the crypto market. As prices recover momentum, traders and analysts suggest a brighter future might be around the corner. Altcoins Next Stop: Altseason? On Friday, - [Aptos (APT) Underperforms Bitcoin (BTC), Ether (ETH) Price Ahead of $300M Token Unlock](https://www.ltc-tv.com/blockchain/aptos-apt-underperforms-bitcoin-btc-ether-eth-price-ahead-of-300m-token-unlock/) - Token unlocks happen because the supply of many cryptocurrencies are locked up in vesting to prevent insiders – early investors, team members – from dumping tokens en masse. Prices historically decline around such events, as the supply increase outpaces investor demand for the asset, according to research by crypto analytics firm The Tie. Source link - [Circle Unveils Smart Contract Service for Blackrock BUIDL Holders to Convert to USDC](https://www.ltc-tv.com/bitcoin-news/circle-unveils-smart-contract-service-for-blackrock-buidl-holders-to-convert-to-usdc/) - On Thursday, the financial technology firm and stablecoin provider Circle introduced smart contract capabilities aimed at enabling holders of the Blackrock USD Institutional Digital Liquidity Fund (BUIDL) to exchange their shares for USDC through Circle. Circle Provides BUIDL Off-Ramp This week, Circle announced it is providing a redemption pathway for BUIDL holders through USDC. BUIDL, - [Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event](https://www.ltc-tv.com/crypto-news/bitcoin-mining-difficulty-hits-record-high-in-anticipation-of-halving-event/) - The Bitcoin network mining difficulty has surged nearly 4% to hit an all-time high just a few days before the highly anticipated Halving event. This adjustment, recorded at 86.4 trillion, marks a crucial milestone in the cryptocurrency’s history. Decrypting Bitcoin’s Mining Complexity Notably, Bitcoin mining difficulty measures miners’ complexity in solving mathematical puzzles to validate - [Steven Nerayoff Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges](https://www.ltc-tv.com/blockchain/steven-nerayoff-intends-to-sue-u-s-government-for-9-6b-over-dropped-extortion-charges/) - The government denied the majority of Nerayoff’s claims in a filing of its own, including the assertion that Nerayoff’s colleague and former co-defendant on the extortion charges, Michael Hlady, was a government informant. Nerayoff’s lawyers maintain that Hlady, who was convicted of swindling Catholic nuns out of nearly $400,000 in 2010, was “insinuated … into - [Is The Bull Run Nearing its End? Marathon CEO Asserts Bitcoin 'Halving' Rally Already Priced In](https://www.ltc-tv.com/crypto-news/is-the-bull-run-nearing-its-end-marathon-ceo-asserts-bitcoin-halving-rally-already-priced-in/) - In anticipation of the upcoming Bitcoin Halving event, which is expected to occur later this month, Marathon Digital CEO Fred Thiel believes that the price impact may already be factored into the market to a certain extent. Thiel shared his insights in a recent interview with Bloomberg, in which he discussed the potential catalysts for - [Solana-Based Memecoins Experience Price Declines](https://www.ltc-tv.com/bitcoin-news/solana-based-memecoins-experience-price-declines/) - Over the past 24 hours, the top ten memecoins native to the Solana network have all seen declines, accompanied by a decrease in the value of Sol, the network’s native cryptocurrency, by over 3%. Among the notable decreases, Dogwifhat saw a decline of 5%, while Bonk experienced a drop of 3.5%. Book of Meme faced - [Why Christie's First Bitcoin Inscriptions Auction Matters](https://www.ltc-tv.com/blockchain/why-christies-first-bitcoin-inscriptions-auction-matters/) - However, the general public’s distaste of NFTs hasn’t stopped the art industry from embracing them. In 2021, Christie’s auction house made history with the $69 million sale of Beeple’s “Everydays” collage. Since then, the storied company has expanded further into the realm of crypto, including countless NFT auctions, investments in Web3 firms via Christie’s Ventures - [Next Bitcoin Halving to Propel Prices to Between $150,000 and $169,000, Says Bitfinex](https://www.ltc-tv.com/bitcoin-news/next-bitcoin-halving-to-propel-prices-to-between-150000-and-169000-says-bitfinex/) - A new analysis by Bitfinex researchers predicts a 160% surge in bitcoin’s price in the upcoming 12-14 months, potentially reaching over $150,000 per unit. This forecast, derived from historical data and statistical models related to previous Bitcoin halving events, suggests a bullish future for the world’s leading digital currency. Bitfinex Researchers See Bitcoin Soaring Past - [Are The Odds In Bitcoin Bulls Favor? Analysts Forecast Its Future](https://www.ltc-tv.com/crypto-news/are-the-odds-in-bitcoin-bulls-favor-analysts-forecast-its-future/) - As the Bitcoin (BTC) “Halving” approaches, expectations increase about how the flagship cryptocurrency will perform. Bitcoin (BTC) is recovering momentum after facing a significant correction in the first few days of Q2, and some analysts are forecasting new heights for the number one cryptocurrency soon. Are The Odds In The Bulls Or Bears Favor? Bitcoin - [Bitcoin Can Reach $140,000 After This Rare Signal Prints: Analyst](https://www.ltc-tv.com/crypto-news/bitcoin-can-reach-140000-after-this-rare-signal-prints-analyst/) - Bitcoin may be hovering below its all-time highs, but analysts are turning bullish based on a rare chart formation. Taking to X, the analyst observed that BTC has closed two consecutive months above the upper Bollinger Band on the monthly chart. A Rare Bollinger Band Signal Prints: BTC To $140,000? The analyst said that historically, when - [Stablecoins USDT, USDC Expand by $10B in a Month, May Drive Crypto, Bitcoin (BTC) Prices Higher](https://www.ltc-tv.com/blockchain/stablecoins-usdt-usdc-expand-by-10b-in-a-month-may-drive-crypto-bitcoin-btc-prices-higher/) - The supply of Tether's USDT and Circle's USDC – the two largest stablecoins – expanded by nearly $10 billion combined over the past 30 days, 10x Research pointed out. Meanwhile, the supply of MakerDAO's DAI and Hong Kong-based First Digital's FDUSD, the third and fourth largest stablecoins, also expanded by 5%-10% in this period, CoinGecko - [Record Year-to-Date Inflows of $13.8 Billion in Crypto Investment Products](https://www.ltc-tv.com/bitcoin-news/record-year-to-date-inflows-of-13-8-billion-in-crypto-investment-products/) - Global crypto investment products have witnessed an unprecedented surge in annual inflows, reaching $13.8 billion year-to-date, with an additional $646 million added last week. However, there are indications that the hype surrounding exchange-traded funds (ETFs) is beginning to moderate, according to James Butterfill, Head of Research at CoinShares. Leading asset managers such as BlackRock, Bitwise, - [Coinbase Reaches ‘Crucial Milestone’ in Canada With Restricted Dealer Registration](https://www.ltc-tv.com/bitcoin-news/coinbase-reaches-crucial-milestone-in-canada-with-restricted-dealer-registration/) - Cryptocurrency exchange Coinbase has announced that it has reached “a crucial milestone” in Canada by obtaining registration as a restricted dealer in the country. “Ranked as Coinbase’s third-most crypto-aware nation globally, Canada boasts an enthusiastic tech ecosystem that has the potential to be a leader in the global cryptoeconomy,” Coinbase noted. ‘Crucial Milestone in Coinbase’s - [Ancient Ethereum Whale With Over 12,000 ETH Creates Noise](https://www.ltc-tv.com/crypto-news/ancient-ethereum-whale-with-over-12000-eth-creates-noise/) - The Ethereum market is buzzing after a long-dormant “whale” – a major investor holding a vast amount of cryptocurrency – resurfaced and transferred a significant amount of ETH to the Kraken exchange. This move has sparked speculation about a potential price drop, but wider market trends suggest a more complex picture. On-chain analytics firm Spot - [Obol's Distributed Validator Clusters Ready for Lido Simple DVT Module on Ethereum Mainnet](https://www.ltc-tv.com/blockchain/obols-distributed-validator-clusters-ready-for-lido-simple-dvt-module-on-ethereum-mainnet/) - April 7: Obol Labs, a developer team focused on proof-of-stake blockchain infrastructure, said its distributed validator clusters are ready to be activated in the Lido Simple DVT Module on Ethereum Mainnet, after a period of testing and evaluation. According to a proposal voted on by the Lido community in October: Distributed validator technology, or DVT, - [Solana Explodes Over 300% Amid DEX Boom](https://www.ltc-tv.com/crypto-news/solana-explodes-over-300-amid-dex-boom/) - In the first quarter of 2024, Solana became the clear leader thanks to a notable increase in the amount of Decentralized Exchange (DEX) and Decentralized Finance (DeFi). In addition to its remarkable rise in DEX and DeFi sectors, Solana’s dominance was further solidified by its scalability, low transaction fees, and robust infrastructure. The massive increase - [Uniswap Surpasses $2 Trillion in Lifetime Trading Volume, Challenging Leading Centralized Exchanges](https://www.ltc-tv.com/bitcoin-news/uniswap-surpasses-2-trillion-in-lifetime-trading-volume-challenging-leading-centralized-exchanges/) - Uniswap, the premier decentralized exchange (DEX), has achieved a remarkable milestone by reaching $2 trillion in total trading volume as of 11:55 a.m. UTC on April 5, according to insights from a Dune Analytics dashboard maintained by Zach Wong, the strategy and operations lead at Uniswap. This significant volume includes transactions conducted on several blockchains - [What the Ethereum (ETH) Staking Argument Is Really About](https://www.ltc-tv.com/blockchain/what-the-ethereum-eth-staking-argument-is-really-about/) - The Core Devs are, of course, part of that community, but it’s also clear they have an outsized influence on the protocol relative to the other stakeholders. Further, what we are really talking about here are the various researchers who are paid by the Ethereum Foundation. — because, well, the Ethereum Foundation is one of - [New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case: Reports](https://www.ltc-tv.com/blockchain/new-york-jury-finds-do-kwon-terraform-labs-liable-for-fraud-in-sec-case-reports/) - Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm that kept UST pegged to the U.S. dollar. Though Kwon insinuated that it could “automatically self-heal” in the event of a de-peg, it actually relied on continuous trading activity, including large-scale trading - [Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production](https://www.ltc-tv.com/bitcoin-news/bitdeer-utilizes-chip-giant-tsmc-eyeing-60m-in-bitcoin-mining-equipment-production/) - According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter. Bitdeer also disclosed that it extracted 294 bitcoins in March, marking a 28.4% enhancement over March 2023’s earnings. Ahead of Bitcoin’s Next Halving, Bitdeer Taps TSMC for Proprietary Mining - [Crypto Analyst Reveals When This Will Happen](https://www.ltc-tv.com/crypto-news/crypto-analyst-reveals-when-this-will-happen/) - Crypto analyst CrediBULL Crypto has laid out a bullish narrative for Ethereum (ETH) and XRP. He claimed that both tokens could rise to as high as $20,000 and $20, respectively. Additionally, he stipulated when this parabolic price surge is likely to happen. Ethereum Could Hit A Market Top Near $20,000 CrediBULL Crypto mentioned in an - [Bitcoin Price (BTC) Tops $69K as Stocks Turn Lower](https://www.ltc-tv.com/blockchain/bitcoin-price-btc-tops-69k-as-stocks-turn-lower/) - Bitcoin, which had slipped as low as $65,000 overnight, rallied throughout much of the U.S. day, at one point topping $69,000. At press time, the crypto was trading at $68,750, up 4.5% over the past 24 hours. The broader CoinDesk 20 Index was ahead 3.25% over the same period, with ether (ETH) a notable laggard, - [Crypto Expert Releases List Of Top 10 Altcoins To Buy For Maximum Profit In The Bull Market](https://www.ltc-tv.com/crypto-news/crypto-expert-releases-list-of-top-10-altcoins-to-buy-for-maximum-profit-in-the-bull-market/) - Crypto expert Michaël van de Poppe has repeatedly stated that altcoins are still greatly undervalued heading into this bull run. Now, he has published a list of altcoins that he believes can provide investors with maximum returns. Chainlink Is Top Of The List In an X (formerly Twitter) post, Van de Poppe listed Chainlink (LINK) - [Central Banks Collaborate with BIS on Tokenization for Payments Exploration](https://www.ltc-tv.com/bitcoin-news/central-banks-collaborate-with-bis-on-tokenization-for-payments-exploration/) - The Bank for International Settlements (BIS), known as the central bank for central banks, has unveiled Project Agorá, an initiative aimed at delving deeper into blockchain technology to enhance the monetary system. Hyun Song Shin, BIS Economic Adviser and Head of Research highlighted the potential of tokenization, stating, “Tokenization combines the record-keeping function of a - [Bitcoin Price (BTC) Choppy on Wednesday](https://www.ltc-tv.com/blockchain/bitcoin-price-btc-choppy-on-wednesday/) - Most of bitcoin's rally in 2024 roughly came from mid-February to mid-March. It was during this time that the spot ETFs were regularly adding 5,000-13,000 bitcoin each day, even with sizable selling by Grayscale's GBTC. The action since, however, has seen big sales of bitcoin continuing at GBTC, while purchases into the other ETFs have - [W Token’s Rollercoaster Day: From $1.25 Low to $1.66 All-Time High](https://www.ltc-tv.com/bitcoin-news/w-tokens-rollercoaster-day-from-1-25-low-to-1-66-all-time-high/) - Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new token known as W has seen an extremely volatile day with the price tapping an all-time high at $1.66 per coin. Wormhole’s New Airdrop W - [Shiba Inu To Rally 100% To $0.000062? Analyst Reveals Why This Is Possible](https://www.ltc-tv.com/crypto-news/shiba-inu-to-rally-100-to-0-000062-analyst-reveals-why-this-is-possible/) - A crypto analyst has identified a key technical indicator in the Shiba Inu price chart that suggests that the cryptocurrency is set to witness a major price rally to new highs. Asymmetrical Triangle Signaling SHIB Price Surge Appears A crypto analyst identified as Captain Faibik on X (formerly Twitter) has unveiled a distinctive technical pattern - [Bitcoin Plunges $5,000 in 24 Hours Due to Jump in Interest Rates](https://www.ltc-tv.com/bitcoin-news/bitcoin-plunges-5000-in-24-hours-due-to-jump-in-interest-rates/) - Bitcoin plunged by $5,000 within a span of 24 hours as interest rates surged, marking a turbulent start to April for cryptocurrencies and related stocks, especially mining stocks. The flagship cryptocurrency, Bitcoin, experienced a more than 6% decline on Tuesday, dropping to $65,150.00, resulting in a two-day loss of around 7%, according to Coin Metrics. - [Bitcoin Price (BTC) Slipped buy BCH Led CoinDesk 20 Gainers Last Week](https://www.ltc-tv.com/blockchain/bitcoin-price-btc-slipped-buy-bch-led-coindesk-20-gainers-last-week/) - CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source link - [Dogecoin Hits Major Roadblock As Whales Go On Massive Selling Spree](https://www.ltc-tv.com/crypto-news/dogecoin-hits-major-roadblock-as-whales-go-on-massive-selling-spree/) - The Dogecoin (DOGE) price looks at risk of further declines as on-chain data show that the meme coin’s largest holders are securing profits. This follows DOGE’s recent price surge, which saw the crypto token rise to a new three-year high of $0.22. Dogecoin Witnesses Wave Of Profit-Taking Data from the market intelligence platform Santiment shows - [Sam Bankman-Fried Breaks Silence: ‘Haunted’ by FTX Collapse, Vows to Appeal and Criticizes Legal Process](https://www.ltc-tv.com/bitcoin-news/sam-bankman-fried-breaks-silence-haunted-by-ftx-collapse-vows-to-appeal-and-criticizes-legal-process/) - The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is “haunted” daily by the events that transpired, emphasizing his stance that he “never intended to hurt anyone.” Former FTX - [Forget Bitcoin, Altcoins Are The Winners Of This Cycle, Crypto Analyst Says](https://www.ltc-tv.com/crypto-news/forget-bitcoin-altcoins-are-the-winners-of-this-cycle-crypto-analyst-says/) - All eyes look to be on the flagship crypto, Bitcoin, ahead of the Bitcoin Halving, as market analysts predict further upside moves for the crypto token. However, crypto analyst Jason Pizzino recently made a strong case for altcoins like Ethereum (ETH) and Solana (SOL) and why much focus should also be placed on them. Ethereum - [Bitcoin’s Future as Currency](https://www.ltc-tv.com/blockchain/bitcoins-future-as-currency/) - Bitcoin has flourished as digital gold. But, in the long-term, its biggest impact will be in denominating business and trade, says Zac Townsend, CEO of Meanwhile. Source link - [Shiba Inu Dips Below $0.00003 Again](https://www.ltc-tv.com/crypto-news/shiba-inu-dips-below-0-00003-again/) - The $0.00003 price level has remained a critical point for Shiba Inu in the past few days. A recent market tug-of-war between bulls and bears has seen the meme coin particularly struggling to hold above $0.00003 in the past two days. This has led to uncertainty about the crypto’s direction as we break into a - [Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns](https://www.ltc-tv.com/bitcoin-news/peter-schiff-warns-of-severe-economic-repercussions-highlights-inflation-and-money-supply-concerns/) - In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the critical role of money supply in understanding economic health. Peter Schiff Warns: U.S. Economy on the Brink, Echoes of 2008 - [Bitcoin Shark And Whales Spend Over $18 Billion To Buy BTC](https://www.ltc-tv.com/crypto-news/bitcoin-shark-and-whales-spend-over-18-billion-to-buy-btc/) - Almost every Bitcoin investor is anticipating a continued price surge as the crypto continues to trade around the $70,000 price mark. On-chain data has shown a large part of this surge can be attributed to the accumulation by large whales. Bitcoin is undoubtedly home to a lot of these whale addresses holding hundreds of millions - [Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations](https://www.ltc-tv.com/blockchain/tornado-cash-dev-roman-storm-moves-to-dismiss-indictment-over-crypto-laundering-allegations/) - Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations Source link - [Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application](https://www.ltc-tv.com/blockchain/custodia-bank-loses-lawsuit-challenging-fed-rejection-of-master-account-application/) - "Thus, unless Federal Reserve Banks possess discretion to deny or reject a master account application, state chartering laws would be the only layer of insulation for the U.S. financial system," the judge wrote. "And in that scenario, one can readily foresee a 'race to the bottom' among states and politicians to attract business by reducing - [BNB’s 12% Weekly Surge: Approaching Peak or Just Starting?](https://www.ltc-tv.com/bitcoin-news/bnbs-12-weekly-surge-approaching-peak-or-just-starting/) - BNB experienced a notable 12% rise in value over the past week, reaching a nearly two-week high of $620 by March 29. This surge, while impressive, prompts speculation about whether BNB has hit its peak or if it’s poised for further growth. Compared to its competitor Ether, which saw a 5% increase over the same - [Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin](https://www.ltc-tv.com/crypto-news/coinbase-sees-largest-usdc-inflow-ever-what-this-could-mean-for-bitcoin/) - On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow. Here’s why this may be relevant for Bitcoin. Coinbase Has Just Seen A $1.4 Billion USDC Inflow As pointed out by analyst Maartunn in a post on X, a large amount of USDC has flowed into Coinbase during the past day. The - [Binance Executives File Suit Against Nigeria: Local Media](https://www.ltc-tv.com/blockchain/binance-executives-file-suit-against-nigeria-local-media/) - In separate filings, Tigran Gambaryan, head of financial crime compliance at the world's largest crypto exchange, and Nadeem Anjarwalla, regional manager for Africa, urged the Federal High Court in Abuja to order the agencies to release them, return their passports and issue a public apology, Leadership reported, citing the government-owned News Agency of Nigeria. Source - [Bitwise Seeks Approval for Ethereum ETF Amid SEC Uncertainty](https://www.ltc-tv.com/bitcoin-news/bitwise-seeks-approval-for-ethereum-etf-amid-sec-uncertainty/) - Bitwise has submitted a filing for a spot Ethereum ETF with the Securities and Exchange Commission (SEC) amid growing uncertainty surrounding the approval timeline for such financial products. Earlier this month, Bitwise’s CIO, Matt Hougan, suggested that the approval for spot ether ETFs would be better deferred beyond May. Despite ongoing speculation, Bitwise has proceeded - [Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’](https://www.ltc-tv.com/bitcoin-news/ethereum-blob-inscriptions-exceed-40-triggering-unprecedented-blob-contention/) - Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushing - [Is This the End of Bitcoin's 4-Year Bull/Bear Market Cycle?](https://www.ltc-tv.com/blockchain/is-this-the-end-of-bitcoins-4-year-bull-bear-market-cycle/) - As investors and enthusiasts prepare for heightened volatility, it's evident that the market is on the brink of unprecedented growth and, potentially, a fundamental paradigm shift. While it is bittersweet, this upcoming period could be viewed as the end of cryptocurrency's infancy, marking a significant evolution in its history. Before saying goodbye, we should all - [Why BlackRock Could Bet On This RWA Token: Crypto Analyst](https://www.ltc-tv.com/crypto-news/why-blackrock-could-bet-on-this-rwa-token-crypto-analyst/) - In an era where the boundaries between traditional finance (TradFi) and crypto continue to blur, the tokenization of real-world assets (RWAs) stands out as one of the hottest trends. This trend, which allows tangible assets like vehicles and real estate to be bought and sold as tokens on a blockchain, promises to revolutionize the efficiency - [Layer N, Modulus Unveil 'AI Functions' Tool for Use in Applications](https://www.ltc-tv.com/blockchain/layer-n-modulus-unveil-ai-functions-tool-for-use-in-applications/) - March 28 (PROTOCOL VILLAGE EXCLUSIVE): Layer N, an "Ethereum StateNet" designed as a network of custom VMs, announced the launch of AI Functions, a tool that allows developers to integrate AI inference and AI use cases within their applications. This is in partnership with Modulus Labs, a company focused on bringing AI on-chain through ZK - [Bitcoin "Liquid Inventory Ratio" Hits All-Time Low, What It Means](https://www.ltc-tv.com/crypto-news/bitcoin-liquid-inventory-ratio-hits-all-time-low-what-it-means/) - On-chain data shows the Bitcoin “Liquid Inventory Ratio” has dropped to an all-time low. Here’s what this could mean for the asset. Bitcoin Sell Side Liquidity Is Low Relative To Demand Right Now In a post on X, CryptoQuant founder and CEO Ki Young Ju discussed the recent trend in the Liquid Inventory Ratio for - [Bitcoin Whale Accumulation Hints at Continuing Pre-Halving Rally](https://www.ltc-tv.com/bitcoin-news/bitcoin-whale-accumulation-hints-at-continuing-pre-halving-rally/) - Bitcoin’s ascent faces a shaky $70,000 resistance, but data from the blockchain suggests participants are gearing up for a sustained rally. Recently, Bitcoin surged above $71,000, marking its highest point since March 15, propelled by capital inflows into spot BTC exchange-traded funds (ETFs). On March 26, Bitcoin saw a 0.55% increase over 24 hours, reaching - [Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token](https://www.ltc-tv.com/bitcoin-news/badgerdao-introduces-a-new-ether-backed-synthetic-bitcoin-token/) - Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao, a decentralized autonomous organization (DAO) committed to integrating bitcoin (BTC) into defi, has announced the launch - [Bitcoin Held On Coinbase Exchange Reach 9-Year Low, Can Bitcoin Reach $75,000?](https://www.ltc-tv.com/crypto-news/bitcoin-held-on-coinbase-exchange-reach-9-year-low-can-bitcoin-reach-75000/) - In a recent development, data from crypto analytics firm Glassnode shows that the amount of Bitcoin held on Coinbase has reached a 9-year low. This has raised the possibility of the flagship crypto rising to a new all-time high (ATH) of $75,000 soon enough. BTC Held On Coinbase Drops Significantly According to Glassnode, the Bitcoin - ['We've Seen Breakdowns of Trust': Nathan Schneider on How to Democratize the Web](https://www.ltc-tv.com/blockchain/weve-seen-breakdowns-of-trust-nathan-schneider-on-how-to-democratize-the-web/) - The activist's new book "Governable Spaces" explores ways blockchains can help people experiment with self-governance online. Source link - [JPMorgan Bullish Stance on Coinbase: Can the Company Deliver?](https://www.ltc-tv.com/bitcoin-news/jpmorgan-bullish-stance-on-coinbase-can-the-company-deliver/) - A year ago, the cryptocurrency industry was grappling with layoffs and regulatory challenges, while trading activity had significantly dwindled. Fast forward to 2024, and the narrative has dramatically shifted from doom and gloom to ETF-fueled optimism, with Coinbase (NASDAQ:COIN) emerging as a standout performer. The company’s stock has surged by nearly 70% this year to - [Key Events That You Should Keep An Eye On This Week](https://www.ltc-tv.com/crypto-news/key-events-that-you-should-keep-an-eye-on-this-week/) - There are a couple of events to watch out for this week, as they could prove pivotal in determining the future trajectory of the crypto market. These events could provide some certainty to the market or cause investors to wait on the sidelines for more favorable market conditions. Events That Could Affect The Market This - [How to Improve Transparency and Public Trust in Crypto Markets](https://www.ltc-tv.com/blockchain/how-to-improve-transparency-and-public-trust-in-crypto-markets/) - These legislative efforts are novel in using blockchain technology’s noteworthy public transparency and auditability functionality. Blockchains track debits and credits to accounts on a ledger, just like an ordinary accounting system, but in a real-time, transparent, and immutable fashion. The existence of any asset that resides on a public blockchain, whether a tokenized security or - [Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved](https://www.ltc-tv.com/bitcoin-news/unlocking-crypto-history-2000-eth-from-ethereums-genesis-days-suddenly-moved/) - In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted a noteworthy event: an individual who took part in the Ethereum initial - [Bitcoin ETFs Bleed - Can Price Recover To $73,000?](https://www.ltc-tv.com/crypto-news/bitcoin-etfs-bleed-can-price-recover-to-73000/) - Last week was rough for Spot Bitcoin ETFs as they failed to attract strong inflows day after day. As a result, these Spot Bitcoin ETFs witnessed consecutive daily outflows every day last week, indicating the bullish sentiment among institutional traders might actually be waning. This seems to have been reflected in the price of Bitcoin, - [March Sees Nearly $1 Billion In Ethereum Netflow To Centralized Exchanges](https://www.ltc-tv.com/crypto-news/march-sees-nearly-1-billion-in-ethereum-netflow-to-centralized-exchanges/) - The price of Ethereum has not exactly lived up to its promise as the month has gone on, despite a stellar start to the month. While this bearish pressure has been widespread in the general cryptocurrency market, regulation uncertainty has been an additional concern for ETH, igniting a negative sentiment around the “king of altcoins.” - [Cryptos and Stocks Close the Week in Red, Analysts Eye Post-Halving Bitcoin Rally](https://www.ltc-tv.com/bitcoin-news/cryptos-and-stocks-close-the-week-in-red-analysts-eye-post-halving-bitcoin-rally/) - The cryptocurrency market concluded the week with a downward trend, witnessing Bitcoin (BTC) slipping below $64,000 again, while altcoins also recorded losses amidst profit-taking activities by traders preparing for the next significant uptrend. Similarly, stocks faced pressure after a Thursday rally pushed all three major indexes to new record highs, driven by expectations of lower - [Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report](https://www.ltc-tv.com/blockchain/bankers-are-lining-up-buyers-for-ftxs-8-stake-in-ai-startup-anthropic-report/) - FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources. Source link - [Yala’s Strategic Roadmap Unveiled: Bring Bitcoin Liquidity Across Blockchain With a Meta-Yield Stablecoin](https://www.ltc-tv.com/bitcoin-news/yalas-strategic-roadmap-unveiled-bring-bitcoin-liquidity-across-blockchain-with-a-meta-yield-stablecoin/) - PRESS RELEASE. [Singapore, Mar 22, 2024] Yala, a project that enables the seamless transfer of Bitcoin liquidity through a meta yield stablecoin, is thrilled to announce a comprehensive brand upgrade. This reflects our commitment to making Bitcoin liquidity universally accessible across blockchain ecosystems, enhancing DeFi liquidity efficiency. The upgrade includes a refreshed branding message, a - [Cathie Wood Calls Bitcoin (BTC) a ‘Financial Super Highway,’ Reiterates $1.5M Price Target](https://www.ltc-tv.com/blockchain/cathie-wood-calls-bitcoin-btc-a-financial-super-highway-reiterates-1-5m-price-target/) - Wood, whose Ark Invest recently became one of the issuers of a spot bitcoin exchange-traded fund (ETF), ARKB, said the asset manager is focused on emerging markets and the macro environment worldwide, which has been “shocked” by the U.S. Federal Reserve’s increase in interest rates, she said during a fireside chat at the Friday Bitcoin - [FXS Price Poised For Uptrend As Frax Finance Unveils Roadmap To Reach $100B TVL](https://www.ltc-tv.com/crypto-news/fxs-price-poised-for-uptrend-as-frax-finance-unveils-roadmap-to-reach-100b-tvl/) - Frax Finance, a decentralized finance (DeFi) protocol, recently unveiled its Singularity Roadmap. It aims to propel the total value locked (TVL) of its layer 2 blockchain, Fraxtal, to $100 billion by the end of 2026. This notable surge would represent a 760,000% increase from the current TVL levels, which stand at $13 million. Frax Finance - [Remembering ‘True Names’ Author Vernor Vinge](https://www.ltc-tv.com/blockchain/remembering-true-names-author-vernor-vinge/) - Vinge, born Oct. 2, 1944 in Wisconsin, was also a beloved professor of mathematics and computer science at San Diego State University, where he received a PhD in math in 1971. In 2000, he retired from academia to write hard science fiction full time. Source link - [Bitcoin Miners: Adaptation for Survival Amid Halving](https://www.ltc-tv.com/bitcoin-news/bitcoin-miners-adaptation-for-survival-amid-halving/) - Bitcoin’s (BTC) recent surge since the beginning of 2023 has reignited interest in the cryptocurrency realm. The launch of several spot BTC ETFs has propelled the top crypto to establish a new record high on March 14, breaking a historical milestone by achieving this feat over 45 days ahead of its next halving event. Amidst - [What Happens if the SEC Classifies ETH a Security? (Wrong Answers Only)](https://www.ltc-tv.com/blockchain/what-happens-if-the-sec-classifies-eth-a-security-wrong-answers-only/) - “It is very difficult to know, from what has been publicly disclosed thus far, the nature of the government inquiry that has been sent to the Ethereum Foundation or whether the Foundation is the target of that investigation,” Preston Byrne, managing partner of Byrne & Storm, P.C., told CoinDesk in an email. Source link - [Are Arbitrum Investors Still Selling Off? Price Surges 5.2%](https://www.ltc-tv.com/crypto-news/are-arbitrum-investors-still-selling-off-price-surges-5-2/) - Arbitrum (ARB), the Ethereum Layer 2 (L2) scaling solution, recently went through an unlocking event as part of its 2024 roadmap. However, the event raised concerns about how the token’s price would react amid the market slowdown. It’s been a week since Bitcoin’s price started to dip. Despite BTC’s recovery, the market still exhibits red - [Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate](https://www.ltc-tv.com/bitcoin-news/powell-economy-progresses-but-inflation-still-too-high-to-adjust-benchmark-rate/) - On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greater confidence that inflation is moving sustainably” toward the 2% target. Fed Pauses Rate - [Why the SEC Shouldn’t Classify ETH as a Security](https://www.ltc-tv.com/blockchain/why-the-sec-shouldnt-classify-eth-as-a-security/) - Reports suggest the SEC may be about to categorize ETH as a security, with huge implications for the blockchain’s future. Here’s why the SEC would be wrong. Source link - [Short Term Holders Take Possession Of 23 Trillion SHIB](https://www.ltc-tv.com/crypto-news/short-term-holders-take-possession-of-23-trillion-shib/) - Current market dynamics have seen Shiba Inu (SHIB) shedding off a lot of its gains earlier in the month. SHIB kickstarted a price surge on February 29th at $0.00001178 to reach $0.00004456 for the first time since December 2021, representing a surge of over 278% in the space of three days. However, it seems investors - [The Bitcoin Halving Really Is Different This Time](https://www.ltc-tv.com/blockchain/the-bitcoin-halving-really-is-different-this-time/) - The halving will occur at block height 840,000 (a count of how many blocks have been hashed to the blockchain), and already people are predicting that will be the most valuable block to be mined to date. This is related to the point above: Ordinals works by assigning serial numbers to individual satoshis (or sats, - [Injective Launches Important Token Tool As INJ Bleeds](https://www.ltc-tv.com/crypto-news/injective-launches-important-token-tool-as-inj-bleeds/) - Injective Protocol, a decentralized finance-centric platform, has launched TokenStation. In a blog post on March 18, Injective said the solution, deployed on its mainnet, allows users to launch native tokens. With this tool, Injective said it would empower anyone to create their tokens in a low-fee and scalable environment. Injective Launches TokenStation, Strikes Key Partnership The - [Crypto Advocates Support Coinbase's Call for SEC Rulemaking](https://www.ltc-tv.com/bitcoin-news/crypto-advocates-support-coinbases-call-for-sec-rulemaking/) - Several crypto organizations and lobbying groups have thrown their weight behind Coinbase’s efforts to prompt the Securities and Exchange Commission (SEC) to establish clear regulations for the cryptocurrency industry. In amicus briefs filed on Monday in the Court of Appeals for the Third Circuit, these groups highlighted the SEC’s lack of clarity in regulating crypto - [Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion](https://www.ltc-tv.com/bitcoin-news/solanas-decentralized-exchange-platforms-eclipse-ethereum-in-daily-trading-volume-surpassing-2-8-billion/) - This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over the past day, outperforming Ethereum’s dex platforms, which have recorded $2.03 billion in - [Solana Surpasses Ethereum In Major Metric Amid Surge Above $200](https://www.ltc-tv.com/crypto-news/solana-surpasses-ethereum-in-major-metric-amid-surge-above-200/) - Solana has recently become one of the trendiest cryptocurrencies in the space, capturing the interest of both crypto investors and enthusiasts in the space. The popular cryptocurrency has witnessed a significant surge in network activity, surpassing even that of Ethereum, the world’s second-largest cryptocurrency. Solana Outpaces Ethereum Network Activity On March 16, Solana experienced a - [FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'](https://www.ltc-tv.com/blockchain/ftx-claims-holder-attestor-takes-creditor-to-court-over-alleged-sellers-remorse/) - According to court documents filed in New York on Jan. 29, Attestor, through a wholly-owned subsidiary called Svalbard Holdings Limited, made an agreement with a Panamanian company, Lemma Technologies, to purchase the accounts – worth a combined $166 million at the time of FTX’s collapse – in June 2023, after placing the highest bid at an - [BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy](https://www.ltc-tv.com/bitcoin-news/btc-and-eth-derivative-tokens-dominate-by-securing-several-top-positions-in-the-crypto-economy/) - Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore, in recent years, derivative tokens of bitcoin and ether have garnered significant popularity. - [Introducing Book Of Meme (BOME), The Latest $1 Billion Crypto Sensation](https://www.ltc-tv.com/crypto-news/introducing-book-of-meme-bome-the-latest-1-billion-crypto-sensation/) - Memecoin project Book of Meme (BOME) has emerged as the latest shining star in the crypto market over the last few days. Following its official launch this week, BOME has attracted much investor interest, acquiring a market cap of $1 billion within 48 hours of trading. BOME’s sudden emergence can be regarded as a silver - [Despite Recent Dip, Meme Coin Shiba Inu Marks 177% Monthly Growth](https://www.ltc-tv.com/bitcoin-news/despite-recent-dip-meme-coin-shiba-inu-marks-177-monthly-growth/) - Based on the most recent data, the meme cryptocurrency shiba inu has witnessed 410 trillion tokens burned, translating to approximately 41% of its entire circulation. Concurrently, the digital asset has experienced a recent price revival over the last four weeks. Despite shiba inu’s value dipping over 21% in the last week, the meme coin has - [Grayscale Submits Revised Application For Ethereum Spot ETF](https://www.ltc-tv.com/crypto-news/grayscale-submits-revised-application-for-ethereum-spot-etf/) - Asset management firm Grayscale Investments has updated its application for an Ethereum spot ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC). Ethereum Spot ETF Case Just As Solid As Bitcoin’s, Grayscale Argues According to a recent post on X by Craig Salm, Grayscale’s chief legal officer, the asset management firm has - [Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases](https://www.ltc-tv.com/bitcoin-news/ethereum-rollups-start-reaping-dencun-benefits-99-fee-drops-reported-in-some-cases/) - Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction fees to decrease by 99% in some cases, with Arbitrum, Base, Optimism, and Starknet becoming cheaper across the board. Ethereum Dencun Upgrade Reduced Rollup Fees - [Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says](https://www.ltc-tv.com/blockchain/sam-bankman-fried-should-spend-40-50-years-in-prison-doj-says/) - One of them, which appears to have been written after FTX filed for bankruptcy, includes a list of options for how Bankman-Fried could address the bankruptcy situation. The options ranged from blaming the attorneys, appearing on former Fox News host Tucker Carlson's show and "coming out as a Republican" or being interviewed by Michael Lewis - [Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo](https://www.ltc-tv.com/blockchain/billion-dollar-volumes-and-then-a-steep-drop-prompts-allegations-of-wash-trading-on-aevo/) - In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop. Source link - [Meme Coins Going Legit Is the Worst Thing for Meme Coins](https://www.ltc-tv.com/blockchain/meme-coins-going-legit-is-the-worst-thing-for-meme-coins/) - Institutions like Franklin Templeton are taking meme coins increasingly seriously this cycle. But will these joke-y projects run afoul of regulators? Source link - [Crypto Pundit Says God Candle Is Imminent For This Solana-Based Meme Coin](https://www.ltc-tv.com/crypto-news/crypto-pundit-says-god-candle-is-imminent-for-this-solana-based-meme-coin/) - The crypto analyst who correctly called Dogwifhat’s (WIF) parabolic run has identified another Solana-based meme coin that could see a significant move to the upside. The analyst further suggested that WIF and this crypto token have striking similarities. A ‘God Candle’ Incoming For Myro Meme Coin Crypto analyst Bluntz Capital mentioned in an X (formerly - [Bitcoin Brushes $73,794 Peak Before Midday Price Fluctuations](https://www.ltc-tv.com/bitcoin-news/bitcoin-brushes-73794-peak-before-midday-price-fluctuations/) - The price of bitcoin had a tumultuous day on Thursday dropping below the $70,000 threshold at 12:30 p.m. Eastern Time only to return back above the $70,000 range shortly after. Bitcoin had tapped an all-time price high during the early morning trading sessions on Thursday by briefly tapping $73,794. Bitcoin’s Rollercoaster Day Sees Dip Below - [Solana-Based Crypto Exchange Drift Plans Pre-Launch Market for New Tokens](https://www.ltc-tv.com/blockchain/solana-based-crypto-exchange-drift-plans-pre-launch-market-for-new-tokens/) - There's plenty of such assets to choose from these days. A coterie of crypto startups on Solana are preparing to airdrop new tokens to their users, including Wormhole's W, and Tensor's TNSR. Their token holders will get to vote on the future of the project. Source link - [Crypto Expert Reveals Why XRP Is Primed For Growth In This Bull Market](https://www.ltc-tv.com/crypto-news/crypto-expert-reveals-why-xrp-is-primed-for-growth-in-this-bull-market/) - Despite XRP lagging in this early stage of this bull run, crypto expert Zach Rector has shared his belief and given reasons why the crypto token is still bound to perform well. He went as far as ranking the token up there with Bitcoin to drive home his point on why the token will make - [Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady](https://www.ltc-tv.com/bitcoin-news/financial-markets-tense-as-inflation-rise-suggests-us-central-bank-may-keep-rates-steady/) - The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being well-received by the financial markets, as the U.S. Federal Reserve might postpone any reductions in the benchmark federal funds rate. Persistent Inflation Pressures Fed, Leaving - [Derogatory Elizabeth Warren Meme Coin Deleted From Coinbase's Website](https://www.ltc-tv.com/blockchain/derogatory-elizabeth-warren-meme-coin-deleted-from-coinbases-website/) - Meme coin traders are flocking to a derogatory cryptocurrency that attacks Elizabeth Warren, the Massachusetts senator and prominent crypto critic. Meanwhile, cryptocurrency exchange Coinbase is running awkwardly in the other direction. Source link - [XRP To Skyrockets To $1.33 Amidst April Rally: Analysts](https://www.ltc-tv.com/crypto-news/xrp-to-skyrockets-to-1-33-amidst-april-rally-analysts/) - XRP has demonstrated significant strength for a while now, securing its spot as one of the best-performing cryptocurrency assets by market cap, after surging to its highest level since November. XRP To Yield Gains From April Rally The crypto community is buzzing about XRP’s latest price spike as several analysts predict the surge will be - [Solana NFT Marketplace Tensor to Issue TNSR Governance Token](https://www.ltc-tv.com/blockchain/solana-nft-marketplace-tensor-to-issue-tnsr-governance-token/) - Since December a spate of crypto finance projects in the Solana blockchain ecosystem have released tokens in attempts to "decentralize" their governance. Holders of these tokens get to vote on the directions of their protocols. Oftentimes those who have used the protocol heavily – by, say, trading hundreds of NFTS – get bigger allocations of - [London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications](https://www.ltc-tv.com/bitcoin-news/london-stock-exchange-embraces-digital-assets-by-accepting-crypto-etn-applications/) - In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial markets. LSE Announces Acceptance of Crypto ETNs The launch of bitcoin (BTC) and ethereum (ETH) ETNs on the LSE platform marks a - [Historical Trends Unveil Bitcoin Peak Timing in Current Bull Cycle](https://www.ltc-tv.com/crypto-news/historical-trends-unveil-bitcoin-peak-timing-in-current-bull-cycle/) - Since the price of Bitcoin broke its previous all-time high, it has shown immense momentum, surging even higher, surpassing the $72,000 price mark, while leading the charge to what is considered the “biggest bull run in history.” Bitcoin Lengthening Cycles Beyond Previous All-Time High Many crypto analysts predict the world’s largest cryptocurrency will peak within - [From RBN to FLOKI: This Week’s Crypto Winners and Losers](https://www.ltc-tv.com/bitcoin-news/from-rbn-to-floki-this-weeks-crypto-winners-and-losers/) - While bitcoin and ethereum have gathered 8.9% and 13.5% gains against the U.S. dollar this week, a large handful of crypto assets recorded double-digit rises. At present, the crypto economy is now valued at $2.72 trillion, up 3.62% over the past day. Crypto Economy Swells to $2.72 Trillion On Monday, over two dozen crypto assets - [Bitcoin Is Here to Stay, Elites Admit](https://www.ltc-tv.com/blockchain/bitcoin-is-here-to-stay-elites-admit/) - The Financial Times, perhaps THE arch-critic of cryptocurrencies over the past decade, has conceded that Bitcoin might just have a purpose. It’s just the latest data point that there is a great shift happening in how people view crypto, from ex-President Donald Trump to Larry Fink. They may not fully grasp what’s going on (who - [UNIBOT Crashes 37% Following End Of Cooperation With Solana Team](https://www.ltc-tv.com/crypto-news/unibot-crashes-37-following-end-of-cooperation-with-solana-team/) - In a significant move, the Unibot core team has announced a decisive shift in its collaboration on the Solana blockchain, pointing toward a future where trust, security, and community values take center stage, per a statement on their official social media accounts. Unibot Core Team Emphasizes Commitment To Transparency and Security This pivot comes as - [Latam Insights: Argentina Arrests $400 Million Cryptocurrency Ponzi Scheme Founders, Brazil Defines Crypto Regulation as a Priority](https://www.ltc-tv.com/bitcoin-news/latam-insights-argentina-arrests-400-million-cryptocurrency-ponzi-scheme-founders-brazil-defines-crypto-regulation-as-a-priority/) - Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: $400 million cryptocurrency Ponzi scheme founders were arrested in Argentina, the Central Bank of Brazil established cryptocurrency regulation as a priority, and the Argentine Fintech Chamber proposed crypto tax exemptions in Argentina. $400 - [Is Dogecoin About To Ditch The Hype? Top Traders Predict $1 Price](https://www.ltc-tv.com/crypto-news/is-dogecoin-about-to-ditch-the-hype-top-traders-predict-1-price/) - In a daring proclamation, cryptocurrency trader KALEO and two other top analysts, are shaking the foundations of the market with a bold assertion – the journey of Dogecoin to $1 is not a mere speculative venture but a palpable prospect within the current market cycle. Amidst the noise of market volatility, their confidence adds a - [BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy](https://www.ltc-tv.com/blockchain/blackrocks-bitcoin-etf-nears-200k-btc-passing-michael-saylors-microstrategy/) - In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than the largest corporate holder, MicroStrategy (MSTR). Source link - [Market Optimism Peaks as Bitcoin Call Options Aim for $100K Milestone](https://www.ltc-tv.com/bitcoin-news/market-optimism-peaks-as-bitcoin-call-options-aim-for-100k-milestone/) - Following bitcoin’s significant market activity this week, conversations around the bull market have hit a high pitch, with numerous predictions of substantial increases in the leading crypto asset’s price cycle. Evidence indicates that call options, with strike prices ranging from $80,000 to $100,000, are now in the mix, as speculators exhibit strong optimism. Bitcoin Bull - [XRP On The Brink - Bullish Pattern Or Profit-Taking Retreat?](https://www.ltc-tv.com/crypto-news/xrp-on-the-brink-bullish-pattern-or-profit-taking-retreat/) - XRP, the native token of the Ripple network, has been a cryptocurrency on a rollercoaster ride. After a year marked by significant price swings and a high-profile lawsuit, XRP finds itself at a crossroads. Could a technical indicator signal a long-awaited rise, or are recent dips a sign of profit-taking before a potential fall? XRP - [Solana Client Developer Jito Ends 'Mempool' Function](https://www.ltc-tv.com/blockchain/solana-client-developer-jito-ends-mempool-function/) - "Additionally, we attempted to engineer solutions to reject sandwich bundles, but our solutions became a cat-and-mouse game with MEV searchers," the statement said. "Ultimately the Jito Labs team views negative MEV, including sandwich attacks, as a drag on the Solana ecosystem, and in the absence of an engineering solution we have made the difficult decision - [Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund](https://www.ltc-tv.com/bitcoin-news/blackrock-explores-bitcoin-etp-investments-for-global-allocation-fund/) - In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. - [Robert Alice Made NFT History, Now He’s Writing About It](https://www.ltc-tv.com/blockchain/robert-alice-made-nft-history-now-hes-writing-about-it/) - A part of the project "SOURCE [On NFTs]" is about looking at ideas of truth through history, specifically in terms of the NFT space. It really is a project that was influenced by the making of this book. We trained an algorithm on a tower of key texts, historical texts — everything from fourth century - [Shiba Inu Sees 2,000% Explosion In Adoption, Is SHIB Headed For A $0.0008 ATH?](https://www.ltc-tv.com/crypto-news/shiba-inu-sees-2000-explosion-in-adoption-is-shib-headed-for-a-0-0008-ath/) - Shiba Inu (SHIB) has been gaining a lot of traction lately, with the meme token seeing an increase in the number of addresses created. This uptrend in the crypto token’s expansion is significant as it could spark a surge in SHIB’s price and possibly a new all-time high (ATH). Shiba Inu Sees 2,000% Increase In - [Hong Kong to Host CoinDesk Consensus Conference](https://www.ltc-tv.com/blockchain/hong-kong-to-host-coindesk-consensus-conference/) - "Asia stands as a global powerhouse for Web3, boasting tens of millions of crypto users, blockchain developers, and governments at the forefront of regulatory innovation," said Foster Wright, president of CoinDesk, in a press release. "Hong Kong has strategically positioned itself as a pivotal digital assets hub in this dynamic region. Consensus has consistently served - [High Court Shifts Extradition Route for Terraform Labs’ Do Kwon to South Korea](https://www.ltc-tv.com/bitcoin-news/high-court-shifts-extradition-route-for-terraform-labs-do-kwon-to-south-korea/) - In a recent legal twist, the High Court in Podgorica has ruled in favor of extraditing Terraform Labs co-founder Do Kwon to South Korea. This decision comes after the Montenegro Appeals Court overturned a previous ruling that favored his extradition to the United States, marking a pivotal moment in the ongoing legal battle surrounding the - [Crypto Analyst Optimistic About A Shiba Inu Short-Term Surge To $0.000066](https://www.ltc-tv.com/crypto-news/crypto-analyst-optimistic-about-a-shiba-inu-short-term-surge-to-0-000066/) - Shiba Inu (SHIB) has displayed immense momentum lately standing out as one of the best-performing meme coins in light of the general optimism that took over the cryptocurrency market in the last week. Shiba Inu To $0.000066 Could Be Possible In A Short Time With the price of Shiba Inu rallying in the past few - [The Emergence of Liquid Restaking Tokens and Their Impact on Blockchain Security and Efficiency](https://www.ltc-tv.com/blockchain/the-emergence-of-liquid-restaking-tokens-and-their-impact-on-blockchain-security-and-efficiency/) - Another chance to strive for the vitality of Ethereum staking: Liquid restaking protocols give Ethereum a new opportunity to invigorate its staking ecosystem. As an advancement over traditional liquid staking, these protocols aim to engage in Ethereum's consensus process, thereby democratizing the staking landscape and challenging the hegemony of established liquid staking leaders. The traditional - [Report: DCG, Barry Silbert Seek Dismissal of NYAG Lawsuit, Citing ‘Baseless Innuendo’ and Integrity in Operations](https://www.ltc-tv.com/bitcoin-news/report-dcg-barry-silbert-seek-dismissal-of-nyag-lawsuit-citing-baseless-innuendo-and-integrity-in-operations/) - Digital Currency Group (DCG) has submitted a request to the court to drop the legal action taken against it by New York Attorney General Letitia James. DCG argues that it’s “wrongfully” depicted and maintains that the lawsuit is nothing but a “thin web of baseless innuendo.” DCG Challenges NYAG’s Legal Action Last year, the New - [What It Means For Price](https://www.ltc-tv.com/crypto-news/what-it-means-for-price/) - Data shows the Solana (SOL) Open Interest has seen a 20% plunge in the past day. Here’s what this could mean for the cryptocurrency’s price. Solana Open Interest Has Plunged After Market Volatility According to data from the analytics firm Santiment, the Open Interest of Solana and other cryptocurrencies has seen a steep decline since - [BTC Soared to an All-Time High. So Why Aren't Bitcoin Miners Blasting Off, Too?](https://www.ltc-tv.com/blockchain/btc-soared-to-an-all-time-high-so-why-arent-bitcoin-miners-blasting-off-too/) - Bitcoin soared after the last halving in May 2020, and miners joined in. At the time, there weren't many large-scale miners. This time around, though, the market is crowded with many large-scale miners, who will compete for bitcoin rewards that will be cut to 3.125 from 6.25 bitcoin. On top of that, the difficulty of - [Montenegro Court Halts Extradition of Terra’s Do Kwon to the US](https://www.ltc-tv.com/bitcoin-news/montenegro-court-halts-extradition-of-terras-do-kwon-to-the-us/) - In a pivotal legal reversal, Montenegro’s Court of Appeals has annulled the extradition of Terraform Labs co-founder Do Kwon to the United States, siding with his defense’s appeal and invalidating a prior High Court ruling from Feb. 20. Montenegro’s Appeal Court Blocks Do Kwon’s U.S. Extradition, Cites Legal Flaws This latest court decision underscores the - [Dogecoin Open Interest Surges To Record $1.49 Billion](https://www.ltc-tv.com/crypto-news/dogecoin-open-interest-surges-to-record-1-49-billion/) - The Dogecoin open interest (OI) is surging after a week of remarkable price action. The meme coin which rose over 100% has continued to enjoy the attention of investors and traders alike, leading its open interest to reach a new all-time high. Dogecoin Open Interest Taps Record $1.49 Billion Data from Coinglass shows that there - [Meme Tokens Skyrocket: Market Cap Hits $61.5 Billion Amidst Crypto Frenzy](https://www.ltc-tv.com/bitcoin-news/meme-tokens-skyrocket-market-cap-hits-61-5-billion-amidst-crypto-frenzy/) - As bitcoin edges closer to its peak historical value, the meme token domain is outperforming many within the crypto economy, boasting a more than 38% increase over the last day. Just four days prior, the meme coin market’s valuation stood at $34.32 billion, only to soar to $61.59 billion today. From Dogecoin to Shiba Inu: - [Hits All-Time High Against Euro](https://www.ltc-tv.com/crypto-news/hits-all-time-high-against-euro/) - Bitcoin (BTC), the leading cryptocurrency, continues its remarkable bullish run, surpassing the $65,000 mark on Monday and inching closer to its all-time high of $69,000. Simultaneously, BTC has achieved a significant milestone against the Euro as economic concerns escalate across Europe. BTC Achieves Record Highs Against 14 G20 Currencies Despite previous skepticism from European authorities, - [Bitcoin Price Action Will 'Astonish' This Week: Analyst](https://www.ltc-tv.com/blockchain/bitcoin-price-action-will-astonish-this-week-analyst/) - The cryptocurrency hit an all-time high against the euro on Monday and is attempting to push for an all-time high in dollar terms. Source link - [$1 Million per BTC by 2033: Predicting Bitcoin’s Price Trajectory Using the Power Law Model](https://www.ltc-tv.com/bitcoin-news/1-million-per-btc-by-2033-predicting-bitcoins-price-trajectory-using-the-power-law-model/) - In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in the principles of algebra and natural laws. The model, representing a blend of science and finance, forecasts bitcoin’s journey to unprecedented - [Bitcoin Profitability Reaches 97% For The First Time In 2 Years](https://www.ltc-tv.com/crypto-news/bitcoin-profitability-reaches-97-for-the-first-time-in-2-years/) - Bitcoin has had an eventful few weeks in terms of price action. The world’s largest crypto is currently at a 19% increase in the past seven days and a 43% increase in the past 30 days, its highest percentage gain in over a year. As a result, a huge number of BTC addresses have been - [Shiba Inu Just Ballooned To 124%](https://www.ltc-tv.com/crypto-news/shiba-inu-just-ballooned-to-124/) - Shiba Inu (SHIB) has experienced a remarkable surge in recent times, mirroring the broader optimism sweeping the cryptocurrency market. This uptrend coincides with Bitcoin’s impressive rise above $63,000. Shiba Inu Explodes On The Weekly Timeframe The memecoin has witnessed significant gains, with a solid 61% jump in a 24-hour timeframe, a more impressive 124% increase - [The Latest Tech News in Crypto and Blockchain](https://www.ltc-tv.com/blockchain/the-latest-tech-news-in-crypto-and-blockchain-6/) - March 2: Babylon, builder of protocols for Bitcoin blockchain timestamping and bitcoin staking, announced a collaboration with Ankr, a Web3 infrastructure company, to bring security and liquidity to proof-of-stake (PoS chains), according to the team: "Ankr will create liquid staking tokens (LSTs) for the bitcoin staked via Babylon. The LSTs will then be issued on - [Value Locked in Defi Nears $100 Billion Milestone Amidst Broad Market Uptick and Lido Dominance](https://www.ltc-tv.com/bitcoin-news/value-locked-in-defi-nears-100-billion-milestone-amidst-broad-market-uptick-and-lido-dominance/) - Five days ago, the total value locked (TVL) in decentralized finance (defi) protocols exceeded the $80 billion mark, and since that point, it has expanded by an additional $11.66 billion. As it hovers above the $91 billion threshold, the TVL is approaching the $100 billion milestone, a figure not observed since before the collapse of - [Taiko, an 'Ethereum-Equivalent ZK Rollup,' Raises $15M](https://www.ltc-tv.com/blockchain/taiko-an-ethereum-equivalent-zk-rollup-raises-15m/) - The Taiko project, distinguished for its "based sequencing" architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks. Source link - [Satoshi Era Mega Whale Stirs, Shifts a String of 2,000 Vintage Bitcoins in a Single Block Worth $123M](https://www.ltc-tv.com/bitcoin-news/satoshi-era-mega-whale-stirs-shifts-a-string-of-2000-vintage-bitcoins-in-a-single-block-worth-123m/) - Around 88 days ago, on Dec. 4, 2023, a mysterious mega whale, closely watched by onchain analysts at Bitcoin.com News, made waves again by transferring 2,000 ancient bitcoins from 2010 that was confirmed in a single block. Since March 2020, this entity has relocated a whopping 16,000 bitcoins that had been dormant since the day - [UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets](https://www.ltc-tv.com/blockchain/uk-law-enforcement-will-soon-have-more-power-to-seize-crypto-assets/) - The provisions from the 2023 act that will come into force shortly include the civil recovery regime for crypto plus the crypto asset confiscation orders that allow authorities to take crypto-related items, defined as "an item of property that is, or that contains or gives access to information that is likely to assist in the - [OP Is Undervalued But Will Skyrocket Because Of Coinbase And Base](https://www.ltc-tv.com/crypto-news/op-is-undervalued-but-will-skyrocket-because-of-coinbase-and-base/) - Adam Cochran, a partner and professor, is bullish about OP, the native token of Optimism, the layer-2 scaling solution for Ethereum. Taking to X, Cochran is convinced OP is undervalued, pointing to the significance of Coinbase and the brand it has created over the years as a crypto exchange and investor in multiple products. In 2023, Coinbase - [Bank of America (BAC), Wells Fargo (WFC) to Offer Spot Bitcoin ETFs to Clients: Bloomberg](https://www.ltc-tv.com/blockchain/bank-of-america-bac-wells-fargo-wfc-to-offer-spot-bitcoin-etfs-to-clients-bloomberg/) - Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, - [The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices](https://www.ltc-tv.com/bitcoin-news/the-uphill-quest-top-cryptos-face-significant-hurdles-to-reclaim-peak-prices/) - As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their historical peaks. The Herculean Task for Some of the Top Cryptos to Return - [Crypto Expert Reveals Why Bitcoin Can Rise To $400,000](https://www.ltc-tv.com/crypto-news/crypto-expert-reveals-why-bitcoin-can-rise-to-400000/) - February was undoubtedly an amazing month for Bitcoin, with the cryptocurrency going on a 39% surge to cross over $60,000. Notably, price history has shown this is the second most profitable February in the history of Bitcoin and the most profitable February in 11 years. Indeed, many market players have anticipated this price surge to - [Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources](https://www.ltc-tv.com/blockchain/morgan-stanley-evaluating-spot-bitcoin-etfs-for-its-giant-brokerage-platform-sources/) - Although billions of dollars have already been invested in these products, the investment floodgates might not open until the bitcoin ETFs are offered by big registered investment advisor (RIA) networks and broker-dealers platforms such as those attached to firms like Merrill Lynch, Morgan Stanley, Wells Fargo and others. Source link - [Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000](https://www.ltc-tv.com/bitcoin-news/service-interruptions-at-coinbase-robinhood-and-kraken-as-bitcoin-soared-to-64000/) - On Wednesday, bitcoin’s value ascended to the vicinity of $64,000, during which time users of Coinbase and Robinhood reported disruptions in service. As of Feb. 28, 2024, Coinbase’s status page indicated the platform was suffering from “degraded performance,” while Robinhood’s clientele voiced their grievances to the platform’s support team. Technical Troubles Shadow Bitcoin’s Climb to - [WIF And FLOKI Lead The Way As Dog-Themed Coins Soar 12%](https://www.ltc-tv.com/crypto-news/wif-and-floki-lead-the-way-as-dog-themed-coins-soar-12/) - The crypto market seems to be going nowhere but up. Bitcoin nears $60,000, Ether has been surfing above the $3,000 wave for four days, currently sitting at the $3,330 level, and the rest of the market continues to gain momentum. Significant developments and a strong bullish sentiment have built up over the past couple of - [BlackRock Bitcoin ETF (IBIT) Heads for Second Day Above $1B Volume as BTC Price Nears $57K](https://www.ltc-tv.com/blockchain/blackrock-bitcoin-etf-ibit-heads-for-second-day-above-1b-volume-as-btc-price-nears-57k/) - This follows a record-breaking Monday for the bitcoin ETFs, when the combined daily volume reached $2.4 billion, slightly surpassing their debut volume, Bloomberg Intelligence ETF analyst Eric Balchunas noted in an X post. IBIT booked roughly $1.3 billion volume on Monday, beating its debut day by 30%, Balchunas added. Source link - [ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, and Conflux](https://www.ltc-tv.com/bitcoin-news/eth-denver-top-builders-base-by-supermoon-cointelegraph-ndc-horizen-and-conflux/) - PRESS RELEASE. Supermoon, alongside Cointelegraph Accelerator, NDC, Horizen, Conflux, and OORT, will welcome 500+ builders & founders at BUIDL HOUSE event during EthDenver 2024! This three-day open house event, located only five minutes from the Eth Denver conference, will run from February 29 to March 2. It is set to be the biggest networking gathering - [Bitcoin Approaching "Escape Velocity" That Will Take Prices Past $70,000: Analyst](https://www.ltc-tv.com/crypto-news/bitcoin-approaching-escape-velocity-that-will-take-prices-past-70000-analyst/) - With the Bitcoin price rallying, one analyst has taken to X, highlighting the current state of bullish affairs. In a post, the analyst thinks the world’s most valuable coin is approaching “escape velocity,” with price action deviating from candlestick arrangements in the past. This is usually the case, especially when prices are approaching all-time highs. - [Bitcoin (BTC) ETF Volume Data Can be Misleading](https://www.ltc-tv.com/blockchain/bitcoin-btc-etf-volume-data-can-be-misleading/) - The spot bitcoin ETF group as a whole has seen a turnover ratio of 5.3%, said Cipolaro, with Valkyrie (BRRR) and Grayscale's GBTC seeing the lowest rates at 2.2% and 2.4%, respectively. At the high end is Ark 21 (ARKB) at 11.3%. He also took note of an upside outlier, WisdomTree's (BTCW), the smallest of - [Introducing Collective Forecast: Revolutionizing Market Predictions with Community-Driven Insights](https://www.ltc-tv.com/bitcoin-news/introducing-collective-forecast-revolutionizing-market-predictions-with-community-driven-insights/) - PRESS RELEASE. February 26th, 2024. Collective Forecast is proud to announce the launch of its innovative platform, which is set to transform market predictions by harnessing the collective wisdom of traders and influencers. At the core of Collective Forecast lies a diverse group of experienced traders hailing from various corners of the globe, each boasting - [Crypto Analyst Unveils Ultimate Altcoin Buying Guide](https://www.ltc-tv.com/crypto-news/crypto-analyst-unveils-ultimate-altcoin-buying-guide/) - Michaël van de Poppe, a renowned crypto analyst and the CEO of MN Trading Consultancy, recently took to X (formerly Twitter) to share his insights on a perennial challenge in the cryptocurrency market: how to strategically enter the altcoin market without falling prey to the pitfalls of FOMO and market hype. His guide, dubbed “The - [Donald Trump’s Cryptocurrency Portfolio Tops $5M, Thanks to $2.9M in Trump-Branded Tokens](https://www.ltc-tv.com/bitcoin-news/donald-trumps-cryptocurrency-portfolio-tops-5m-thanks-to-2-9m-in-trump-branded-tokens/) - Just recently, the 45th President of the United States, Donald Trump, has expressed a neutral stance towards bitcoin, stating he could live with it “one way or the other.” Meanwhile, Trump’s holdings in crypto assets have seen a significant increase in value. A substantial portion of his digital wealth is currently in a digital currency - [Top 10 Proof Of Work Blockchains Like Bitcoin](https://www.ltc-tv.com/crypto-news/top-10-proof-of-work-blockchains-like-bitcoin/) - Proof of Work blockchains stand as the cornerstone of cryptocurrency technology, first popularized by Bitcoin, the original cryptocurrency. At their core, these blockchains rely on a consensus mechanism called Proof of Work (PoW). This mechanism is essential for validating transactions and creating new blocks without the need for a central authority. In a PoW blockchain, - [The Latest Tech News in Crypto and Blockchain](https://www.ltc-tv.com/blockchain/the-latest-tech-news-in-crypto-and-blockchain-5/) - Feb. 22: Meso, a payment platform connecting banks and blockchains, announced it has raised $9.5 million in a seed round, co-led by Solana Ventures and Ribbit Capital, with participation from 6th Man Ventures, Canonical Crypto, Phantom Co-Founder Chris Kalani, Pinterest CEO Bill Ready and Archie Puri of Bodhi Labs. According to the team, "the network - [Stablecoin Market Jumps by Over $2.5 Billion in 10 Days, Led by Rise in Key Players](https://www.ltc-tv.com/bitcoin-news/stablecoin-market-jumps-by-over-2-5-billion-in-10-days-led-by-rise-in-key-players/) - In the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of the fiat token crypto market has once again risen witnessing an increase exceeding $2.5 billion over the past ten days. Specifically, three stablecoins have driven this upswing, with the stablecoin ethena usde at the forefront - [Uniswap 71% Single-Day Rally Raises Eyebrows](https://www.ltc-tv.com/crypto-news/uniswap-71-single-day-rally-raises-eyebrows/) - The cryptocurrency market witnessed a significant shift in momentum on February 23rd, as Uniswap native token, UNI, skyrocketed by an impressive 71%. This surge marks the token’s highest price point since March 2022, sending shockwaves through the crypto landscape and reigniting interest in the decentralized finance (DeFi) sector. Source: Coingecko Uniswap Proposes Fee-Sharing Feast For - [Looking at Kraken's Motion to Dismiss an SEC Lawsuit](https://www.ltc-tv.com/blockchain/looking-at-krakens-motion-to-dismiss-an-sec-lawsuit/) - The Coinbase case is in the Southern District of New York, Binance.US is in the District of Washington and Kraken is in the Northern District of California. Another company, going by the name Legit.Exchange, just filed suit against the SEC in the Northern District of Texas. The chances of four different district judges in four - [Spot Bitcoin ETFs Surge to $14.6 Billion in BTC Holdings 43 Days Post-Launch](https://www.ltc-tv.com/bitcoin-news/spot-bitcoin-etfs-surge-to-14-6-billion-in-btc-holdings-43-days-post-launch/) - It has been 43 days since the debut of the spot bitcoin exchange-traded funds (ETFs) on the American stock market, and in this time, the nine newly launched bitcoin ETFs have accumulated 287,315 bitcoins, valued at approximately $14.6 billion. Leading the pack is Blackrock’s IBIT, boasting a staggering 126,950.12 bitcoins on its balance sheet. Bitcoin - [Bitcoin Demands Exceeds Miner Supply By 1,300%, Why A Push To $237,000 Is Possible](https://www.ltc-tv.com/crypto-news/bitcoin-demands-exceeds-miner-supply-by-1300-why-a-push-to-237000-is-possible/) - As the Bitcoin Halving draws nearer, there is so much optimism about what could happen to Bitcoin’s price in the aftermath of this event. This optimism is further heightened by a recent development showing how Bitcoin’s demand far outpaces its supply, which could see the flagship crypto token rise to as high as $237,000. Bitcoin - [Bitcoin (BTC) Creator Satoshi Anticipated Energy Debate](https://www.ltc-tv.com/blockchain/bitcoin-btc-creator-satoshi-anticipated-energy-debate/) - "If it did grow to consume significant energy, I think it would still be less wasteful than the labour and resource intensive conventional banking activity it would replace," Satoshi wrote. "The cost would be an order of magnitude less than the billions in banking fees that pay for all those brick-and-mortar buildings, skyscrapers, and junk - [Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says](https://www.ltc-tv.com/blockchain/retail-investors-were-likely-behind-the-crypto-market-rally-in-february-jpmorgan-says/) - Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said. Source link - [Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape](https://www.ltc-tv.com/bitcoin-news/decentralized-money-market-protocol-aave-joins-bnb-chains-defi-landscape/) - On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total. Aave Goes Live on BNB Chain The - [Polygon Could See Bull Rally To $1.73 If This Happens: Analyst](https://www.ltc-tv.com/crypto-news/polygon-could-see-bull-rally-to-1-73-if-this-happens-analyst/) - An analyst explained that Polygon could see a potential bull rally to $1.73 if the cryptocurrency’s price is above this level. Polygon Appears To Be Breaking Out Of A Symmetrical Triangle Currently In a new post on X, analyst Ali talked about a multi-year Symmetrical Triangle that Polygon has been traveling inside. The “Symmetrical Triangle” - [Do Kwon’s Fate Sealed — Montenegro High Court Opts for US Extradition in Legal Tug-of-War](https://www.ltc-tv.com/bitcoin-news/do-kwons-fate-sealed-montenegro-high-court-opts-for-us-extradition-in-legal-tug-of-war/) - In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political implications of the extradition. Report Details Do Kwon’s U.S. Extradition - [Bitcoin Bulls In Jeopardy? Analyst Sounds Warning Of Possible Retest](https://www.ltc-tv.com/crypto-news/bitcoin-bulls-in-jeopardy-analyst-sounds-warning-of-possible-retest/) - Bitcoin has been on a bullish trend, reaching $50,000 for the first time in two years, but some crypto analysts still anticipate that the token might be gearing up for a potential correction. Bitcoin Could See A Pullback At Any Moment According to the recent analysis by cryptocurrency expert Crypto Jelle, Bitcoin could undergo a - [The Year Blockchain Revolutionizes Traditional Asset Management with zkEVM and Institutional-Scale Liquidity Aggregation](https://www.ltc-tv.com/blockchain/the-year-blockchain-revolutionizes-traditional-asset-management-with-zkevm-and-institutional-scale-liquidity-aggregation/) - The zkEVM, which is capable of performing smart contract transactions within a zero-proof environment, has firmly established itself in blockchain infrastructure. Now institutional investors can tap into a proven ecosystem of Ethereum-based blockchains, with its robust security guarantees, decentralization, and transactional transparency, at a far lower cost, rapid settlement times, and with potentially unlimited scaling - [Pyth Network Unveils Real-Time Bitcoin ETF Price Feeds, Bridging Defi and Traditional Finance](https://www.ltc-tv.com/bitcoin-news/pyth-network-unveils-real-time-bitcoin-etf-price-feeds-bridging-defi-and-traditional-finance/) - On Tuesday, Pyth Network announced the rollout of real-time price feeds for bitcoin exchange-traded funds (ETFs), enhancing the data’s availability to both decentralized finance (defi) developers and the wider crypto and traditional financial communities. These feeds encapsulate data from 13 bitcoin exchange-traded products (ETPs), offering valuable insights. Pyth Network Launches Real-Time Feeds for Bitcoin ETFs - [Cardano Poised For Massive Rally As Key Indicators Signal Bullish Reversal, ADA Surges 14%](https://www.ltc-tv.com/crypto-news/cardano-poised-for-massive-rally-as-key-indicators-signal-bullish-reversal-ada-surges-14/) - ADA, the native token of the Cardano ecosystem, has experienced a notable surge in price, taking advantage of Bitcoin’s (BTC) stagnation above the $52,000 level. With gains of 20% and 14% over the past thirty and fourteen days, respectively, ADA has reignited bullish sentiment among investors. The token’s recent performance has not gone unnoticed, as - [Liquid Restaking Protocol Puffer Rakes in $1B in Deposits in Just 3 Weeks](https://www.ltc-tv.com/blockchain/liquid-restaking-protocol-puffer-rakes-in-1b-in-deposits-in-just-3-weeks/) - Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users. Source link - [Craig Wright Witness Defends Saying Headed for ‘Train Wreck’ as COPA Trial Enters Third Week](https://www.ltc-tv.com/blockchain/craig-wright-witness-defends-saying-headed-for-train-wreck-as-copa-trial-enters-third-week/) - Before Matthews took the stand on Monday, David Bridges, CIO of Qudos Bank, who met Wright in 2006, and Wright's cousin Max Lynam participated by video link. Both admitted that key events or conversations that convinced them Wright was Satoshi took place years ago and without material proof to back them up. Source link - [Analyst Identifies Trend As Catalyst To $60,000](https://www.ltc-tv.com/crypto-news/analyst-identifies-trend-as-catalyst-to-60000/) - As the entire cryptocurrency market is currently experiencing a notable upward trajectory, several market analysts are anticipating more gains for Bitcoin, the leading cryptocurrency asset, as they predict the token’s price to go even higher. Historical Trend That Will Send Bitcoin To $60,000 Crypto Jelle, a cryptocurrency analyst and investor, has expressed his optimism toward - [Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH](https://www.ltc-tv.com/bitcoin-news/cryptocurrency-exchange-fixedfloat-hacked-close-to-26-million-lost-in-btc-and-eth/) - Fixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack, is investigating the event and working to eliminate all possible vulnerabilities. Meanwhile, Fixedfloat’s platform remains closed until further notice. Fixedfloat Loses $26 Million in ETH - [Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations](https://www.ltc-tv.com/bitcoin-news/historic-bitcoin-stashes-mobilize-amid-rising-market-valuations/) - With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances involving ‘sleeping bitcoins’ from the years 2009, 2010, and 2011 are considerably scarce, there’s been a noticeable resurgence of older coin batches from 2012, 2013, - [ADA Soars 14% On Rising TVL, Market Cap](https://www.ltc-tv.com/crypto-news/ada-soars-14-on-rising-tvl-market-cap/) - Cardano (ADA), the eighth-largest cryptocurrency by market cap, has defied the recent market downturn, experiencing a 14% price jump in the past week. This bullish momentum can be attributed to a combination of factors, including impressive ecosystem growth, strong technical analysis, and increasing investor confidence. Cardano TVL Skyrockets, Stablecoins Gain Traction The recent Messari Q4 - [Binance’s Derivatives Arm Launches Tesla Model Y and Bitcoin Voucher Challenge ](https://www.ltc-tv.com/bitcoin-news/binances-derivatives-arm-launches-tesla-model-y-and-bitcoin-voucher-challenge/) - Binance has announced a competition through its crypto derivatives arm, Binance Futures, offering participants the chance to win a Tesla Model Y. According to the crypto exchange, the contest will unfold over four weekly challenges spanning from Feb. 18 to Mar. 17, 2024. Binance Futures Unveils Tesla Model Y Challenge and Daily Crypto Rewards Beginning - [UNI Jumps Over 11% - Here's Why Investors Flock to This Token](https://www.ltc-tv.com/crypto-news/uni-jumps-over-11-heres-why-investors-flock-to-this-token/) - A few outliers continue to break through the bearish attitudes looming over the crypto horizon of late. UNI is one of those tokens, with an impressive jump of over 12% in the past 24 hours, investors have flocked to this altcoin in search of a bullish continuation. The first quarter of this year brings a - [Bitcoin (BTC) Price Stall at $52K May Foreshadow Pullback, But It's a Potential Buying Opportunity](https://www.ltc-tv.com/blockchain/bitcoin-btc-price-stall-at-52k-may-foreshadow-pullback-but-its-a-potential-buying-opportunity/) - The largest crypto by market cap rallied 10% in a week, outperforming the broad-market CoinDesk20 Index's (CD20) 8% advance, extending its relentless rise from $38,500 in late January. The surge was coupled with accelerating inflows into U.S. spot bitcoin exchange-traded funds (ETF), with BlackRock's IBIT raking in over 28,000 bitcoin this week. Source link - [What the Warren/Satoshi Flag Moment Means](https://www.ltc-tv.com/blockchain/what-the-warren-satoshi-flag-moment-means/) - While there doesn’t appear to be a record online of the flag being flown (or any documented evidence, for that matter), the anonymous prankster did send the certificates Sen. Warren’s office signed to PubKey, a waterhole for Bitcoiners in downtown New York City. Last night, comedian T.J. Miller revealed the documents at the establishment, PubKey’s - [New Study Unveils the Total Cost to Attack Bitcoin and Ethereum](https://www.ltc-tv.com/bitcoin-news/new-study-unveils-the-total-cost-to-attack-bitcoin-and-ethereum/) - A newly published Social Science Research Network (SSRN) paper by Lucas Nuzzi, Kyle Waters, and Matias Andrade introduces a novel approach to calculating the Total Cost to Attack (TCA) Bitcoin and Ethereum. The comprehensive analysis sheds light on the economic barriers to 51% attacks, challenging previous assumptions about blockchain vulnerability. Unveiling the Cost of Compromise: - [Investment Firm Forced To Sell XRP Worth $2.5M: Here's Why](https://www.ltc-tv.com/crypto-news/investment-firm-forced-to-sell-xrp-worth-2-5m-heres-why/) - In an unprecedented case that underscores the complex regulatory environment in the European Union, Jupiter Asset Management was compelled to divest its XRP Exchange Traded Product (ETP) investment valued at approximately $2.5 million. This decision underscores the complexities and regulatory discrepancies within the European Union concerning cryptocurrency investments. The Forced XRP ETP Sale The incident, - [Protocol Village: Justin Sun Tweets Tron DAO's Roadmap for Bitcoin Layer-2](https://www.ltc-tv.com/blockchain/protocol-village-justin-sun-tweets-tron-daos-roadmap-for-bitcoin-layer-2/) - The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 15-21. Source link - [Rockwallet Steps in to Adopt Wyre’s Customers Following Shutdown](https://www.ltc-tv.com/bitcoin-news/rockwallet-steps-in-to-adopt-wyres-customers-following-shutdown/) - According to the crypto payments company Wyre, based in San Francisco, which ceased operations in June 2023, the multi-currency self-custodial wallet platform Rockwallet has taken over Wyre’s entire customer base. On Thursday, Rockwallet announced it has been reaching out to customers to ensure a smooth transition in their digital asset endeavors, eliminating the need for - [Crypto Developers Embrace Apple's Vision Pro at Solana-Heavy Utah Office of MtnDAO](https://www.ltc-tv.com/blockchain/crypto-developers-embrace-apples-vision-pro-at-solana-heavy-utah-office-of-mtndao/) - You can find it here in Salt Lake City, at an in-person gathering of developers focused on the Solana blockchain, known as "mtnDAO." The common theme? They're geeks, and they're rich – a natural demographic for testing out the newly released devices, which can cost upwards of $5,000 including accessories. Source link - [Analyst Breaks Down The Future Surge Date](https://www.ltc-tv.com/crypto-news/analyst-breaks-down-the-future-surge-date/) - Amid the XRP price unfavorable market sentiment, Changelly, a prominent global cryptocurrency exchange, has sparked new optimism by predicting a potential surge in the token’s price. The crypto exchange has projected new all-time highs for the cryptocurrency in the upcoming years. XRP 2024 Price Prediction On Wednesday, February, Changelly released a research report projecting XRP’s - [Tiger Global Exited Coinbase Stake Late Last Year, Filing Shows](https://www.ltc-tv.com/blockchain/tiger-global-exited-coinbase-stake-late-last-year-filing-shows/) - Tiger sold 38,850 shares during the fourth quarter. Source link - [Shiba Inu Price Set For A Possible 73% Surge](https://www.ltc-tv.com/crypto-news/shiba-inu-price-set-for-a-possible-73-surge/) - Over the past seven days, the Shiba Inu price has shown strong signs of a bullish reversal. A technical analysis of Shiba Inu (SHIB) against the US Dollar (USD) reveals a compelling narrative of a breakout from a bearish pattern that could signal a strong bullish reversal. Shiba Inu Price Confirms Breakout Since mid-December 2023, - [Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B](https://www.ltc-tv.com/bitcoin-news/bitcoin-short-squeeze-wipes-out-89m-as-price-surges-to-52k-etf-inflows-hit-4b/) - The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained High Levels of Illiquid Supply’ Bolster Bitcoin’s Price After the U.S. - [CPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount](https://www.ltc-tv.com/bitcoin-news/cpi-report-triggers-market-tumble-stocks-and-crypto-decline-as-inflation-concerns-mount/) - On Tuesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report, indicating a 0.3% rise in January. Following the release, all three major stock indices experienced a decline, Treasury yields climbed, and crypto assets took a hit, moving downward from their recent peaks. Stocks Dip, Crypto Slumps as January CPI Data - [Spot Bitcoin (BTC) ETFs First Month Roundup](https://www.ltc-tv.com/blockchain/spot-bitcoin-btc-etfs-first-month-roundup/) - In just a month, the bitcoin funds ex-GBTC have accumulated over $11 billion worth of bitcoin, with three of the ETFs – BlackRock's IBIT, Fidelity's FBTC and Ark 21's ARKB – topping the $1 billion mark in assets under management. In fact, as of the end of Monday, IBIT was nearing $5 billion in AUM - [Bitcoin Received $200 Million Investment From This Financial Giant](https://www.ltc-tv.com/crypto-news/bitcoin-received-200-million-investment-from-this-financial-giant/) - According to a Reuters report, Founders Fund, the venture capital (VC) firm founded by billionaire Peter Thiel, is once again betting big on the flagship cryptocurrency, Bitcoin. The VC firm is reported to have made significant profits on their last Bitcoin investment and would be hoping that this next market cycle also brings immense rewards. - [Craig Wright Told by UK Court to Stop Making ‘Irrelevant Allegations’ as COPA Bitcoin Trial Continues](https://www.ltc-tv.com/blockchain/craig-wright-told-by-uk-court-to-stop-making-irrelevant-allegations-as-copa-bitcoin-trial-continues/) - When Wright protested, presiding Judge James Mellor intervened, saying arguments about the current state of the Bitcoin system were not going to help him make a judgment on the case – which is focused on whether or not Wright is Satoshi Nakamoto, the pseudonymous author of Bitcoin’s manifesto, called the white paper. Source link - [Bitcoin Soars Past $49K, Eyes $50K Milestone Amid Global Trading Frenzy](https://www.ltc-tv.com/bitcoin-news/bitcoin-soars-past-49k-eyes-50k-milestone-amid-global-trading-frenzy/) - Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $50,000, marking a 3.7% increase over the past day and a notable 15.6% rise throughout the week. Bitcoin Breaks $49K Barrier, Bulls Seek to Tackle - [Dogecoin Out Of Fashion? Volume & Whale Activity Plunges](https://www.ltc-tv.com/crypto-news/dogecoin-out-of-fashion-volume-whale-activity-plunges/) - On-chain data shows the Dogecoin volume and whale activity have plummeted recently, a possible indication that investors no longer have interest in the memecoin. Dogecoin Transaction Volume And Whale Transaction Count Have Declined As pointed out by analyst Ali in a new post on X, DOGE trading activity has become lower recently. There are two - [Bitcoin Nears $50,000 Milestone Again; 91% Of Addresses In Profit](https://www.ltc-tv.com/crypto-news/bitcoin-nears-50000-milestone-again-91-of-addresses-in-profit/) - Bitcoin is edging closer to the $50,000 mark after a week of extreme bullish price action, a level not seen since December 2021. Amidst this price surge, the number of Bitcoin addresses in profit has now crossed over 90%. According to data from IntoTheBlock, 91% of Bitcoin addresses are currently profitable. This means the vast - [AVAX Price Closes In On $40 With Latest 10% Surge](https://www.ltc-tv.com/crypto-news/avax-price-closes-in-on-40-with-latest-10-surge/) - The Avalanche token has been in a positive form recently, with the AVAX price turning in a good performance over the past week. This latest price boost makes a run to the $40 level more or less inevitable for the altcoin. However, investors are curious to see how long this rally will last, especially with - [Ethereum Has Gatekeepers (for Good Reason)](https://www.ltc-tv.com/blockchain/ethereum-has-gatekeepers-for-good-reason/) - Indeed, the core idea behind ERC-404s is to make it easier to fractionalize, split ownership and improve liquidity when trading non-fungible tokens (NFTs). There might genuinely be something to the idea. ERC-404 combines two existing token standards, ERC-20 and ERC-721, used for minting regular Ethereum-based tokens and NFTs, respectively, in a bid to create “semi-fungible” - [Kraken Notifies XRP Holders Of Benefits From Zakinov Case](https://www.ltc-tv.com/crypto-news/kraken-notifies-xrp-holders-of-benefits-from-zakinov-case/) - Crypto exchange Kraken started notifying affected XRP holders about the potential monetary benefits they could receive from the class action lawsuit against Ripple. The exchange recently emerged victorious in the Zakinov v. Ripple Case. The exchange successfully intervened to protect its customers’ data from being shared without their consent. Kraken Begins The Notification Process Kraken, - [New York Expands Fraud Case Against Digital Currency Group to $3 Billion](https://www.ltc-tv.com/blockchain/new-york-expands-fraud-case-against-digital-currency-group-to-3-billion/) - "The fraud and deceit were so expansive that many additional people have come forward to report similar harm," James said in a statement. "This illegal cryptocurrency scheme, and the horrific financial losses that real people have suffered, are yet another reminder of why stronger cryptocurrency regulations are needed to protect all investors." Source link - [BTC Price Rises Above $47K as Spot Bitcoin ETFs Book One of Their Best Days](https://www.ltc-tv.com/blockchain/btc-price-rises-above-47k-as-spot-bitcoin-etfs-book-one-of-their-best-days/) - The largest crypto by market capitalization ran to as high as $47,699, the highest since the bitcoin ETF launch day, before it buckled to $46,700 in a swift sell-off. Soon after, prices quickly rebounded slightly over $47,000. At press time, BTC was up 4.5% over the past 24 hours, outperforming the CoinDesk 20 Index (CD20), - [The Latest Tech News in Crypto and Blockchain](https://www.ltc-tv.com/blockchain/the-latest-tech-news-in-crypto-and-blockchain-4/) - Feb. 8: Flood, a protocol for order routing, management, and settlement, announced its $5.2M seed funding round, co-led by Bain Capital Crypto and Archetype, with participation from Robot Ventures. According to the team: "Flood provides decentralized application (dApp) developers with a suite of tools for owning and managing the entire lifecycle of their application’s order - [Crypto Analyst Predicts Bitcoin To $100,000 But Says Cardano Is Dead, Here’s Why](https://www.ltc-tv.com/crypto-news/crypto-analyst-predicts-bitcoin-to-100000-but-says-cardano-is-dead-heres-why/) - Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, recently elaborated on the reason for his price predictions for Bitcoin and Cardano. As part of his predictions, the crypto analyst had, at the beginning of the year, stated that Bitcoin was going to hit $100,000 soon enough. Why Bitcoin Will Rise To $100,000 - [Investing in 'Gold' – Via Bitcoin (BTC) – Is Cheaper Than Ever](https://www.ltc-tv.com/blockchain/investing-in-gold-via-bitcoin-btc-is-cheaper-than-ever/) - Gold – the conventional kind – is viewed as a haven for investors wanting out of the daily – sometimes hourly or less – twists and turns in financial markets. It's not the only option, though gold is generally easier to buy than other non-correlated assets like art, collectibles, real estate, music royalties, etc. A - [Cardano Activity Sees New Life That Could Send ADA Price Soaring, Here Are The Targets](https://www.ltc-tv.com/crypto-news/cardano-activity-sees-new-life-that-could-send-ada-price-soaring-here-are-the-targets/) - Cardano (ADA) has been stuck in a price rut recently, but behind the scenes, activity on the Cardano blockchain is exploding. Transaction volumes and wallet addresses are all growing, showing that interest and adoption of the network are growing rapidly. All this activity has prompted analysis of how far the crypto can spike in the - [What MiCA Really Means for Stablecoins in Europe](https://www.ltc-tv.com/blockchain/what-mica-really-means-for-stablecoins-in-europe/) - Currently, three European companies — Monerium, Membrane and Quantoz Payments — are issuing on-chain fiat stablecoins under the electronic money directive, following a regulation-first approach. Other issuers, including Circle, are in the process of applying for an EMI license that would bring them into compliance. Source link - [Ronin Plunges 26% After Binance Debut, Raising Concerns About Pre-Listing Hype](https://www.ltc-tv.com/crypto-news/ronin-plunges-26-after-binance-debut-raising-concerns-about-pre-listing-hype/) - Ronin (RON), the token powering the Ronin Network, experienced a rollercoaster ride in the past 24 hours, rallying to a two-year high before crashing nearly 30% after its listing on Binance. This dramatic price swing has raised questions about potential market manipulation and the long-term viability of the project. From Hero To Zero: A Short-Lived - [Crypto Analyst Says ADA Price Will Rise To $8, Here’s When](https://www.ltc-tv.com/crypto-news/crypto-analyst-says-ada-price-will-rise-to-8-heres-when/) - The ADA price action of late indicates that of strong support over the $0.488 price level, as the crypto continues to perform lackluster in the past month. However, according to crypto analyst Ali Martinez, Cardano’s current price performance is somewhat of a repeat of previous price action. The analyst noted that Cardano’s price movement looks - [Bitcoin Price (BTC) Will Hit $70K By End of Year: 10X Research](https://www.ltc-tv.com/blockchain/bitcoin-price-btc-will-hit-70k-by-end-of-year-10x-research/) - “While the Fed has pushed out the first rate cut to (possibly in) May or June, inflation is coming in lower, and growth is holding up,” said Thielen in his Friday report. He also took note of the U.S. presidential election cycles which coincide with the Bitcoin halving years as historically being bullish for prices. - [How To Mint BRC-20 Tokens On The Bitcoin Network](https://www.ltc-tv.com/crypto-news/how-to-mint-brc-20-tokens-on-the-bitcoin-network/) - BRC-20 tokens open doors for developers to build their own decentralized applications (dApps) with unique economies on the Bitcoin network. This fosters community engagement through internal currencies, and attracting investment through innovative token sale structures. BRC-20 tokens are fungible tokens built on the Bitcoin network using the Ordinals protocol. It also utilizes inscriptions containing JSON - [How To Buy And Trade BRC-20 Tokens On The Bitcoin Network](https://www.ltc-tv.com/crypto-news/how-to-buy-and-trade-brc-20-tokens-on-the-bitcoin-network/) - What are BRC-20 Tokens? BRC-20 tokens are a novel standard on the Bitcoin blockchain, BRC-20 tokens were inspired by Ethereum’s ERC-20. Like Ethereum’s ERC-20 strands for Ethereum Request for Comment, BRC-20 also strands for Bitcoin Request for Comment. BRC-20 tokens allow the creation, minting, trading, and transfer of fungible tokens or assets on the Bitcoin - [Real World Asset (RWA) Tokenization Is Fake News](https://www.ltc-tv.com/blockchain/real-world-asset-rwa-tokenization-is-fake-news/) - There’s some truth to this little white lie, but the absolute truth is while tokenization, by itself, does not solve liquidity or legality problems when it comes to private assets, it also introduces new challenges. RWA tokenization advocates conveniently side-step this issue, and it’s easy for them to do so since most of the co-called real - [The U.S. Government Seems to Be Closing in on Bitcoin Mining](https://www.ltc-tv.com/blockchain/the-u-s-government-seems-to-be-closing-in-on-bitcoin-mining/) - For instance, the justification for the emergency order, granted by the Office of Management and Budget, was the recent crypto price rally, which saw bitcoin climb over 50% in a matter of months, which the EIA said would “incentivize more cryptomining activity, which in turn increases electricity consumption.” Source link - [These Are The Four Key Bitcoin Price Levels To Watch, Reveals Analyst](https://www.ltc-tv.com/crypto-news/these-are-the-four-key-bitcoin-price-levels-to-watch-reveals-analyst/) - An analyst has revealed the four key Bitcoin price levels that could be to keep an eye on, as they may have an influence on the spot price’s trajectory. These Are The Four Key Price Points For Bitcoin In a new post on X, CryptoQuant Netherlands community manager Maartunn has shared four key price levels - [A Bitcoin ETF Will Never Be Your Bitcoin](https://www.ltc-tv.com/blockchain/a-bitcoin-etf-will-never-be-your-bitcoin/) - Second, I believe that Bitcoin ETFs are bound to serve as gateways to crypto’s promised land of self-custody, just as centralized exchanges did over the past years. A virtuous cycle might actually unfold where millions of people get ETF exposure to Bitcoin, learn the benefits of digital ownership, and ultimately opt for true self-sovereignty. Interestingly, - [Solana Whales Move $82 Million Worth Of SOL, Will Price Crash Below $90?](https://www.ltc-tv.com/crypto-news/solana-whales-move-82-million-worth-of-sol-will-price-crash-below-90/) - Two high-volume transactions involving Solana (SOL) have caught the attention of the crypto community considering the impact they could have on the crypto token’s price. Moreover, these transactions have come at a time when SOL risks dropping below the psychological price level of $90. Solana Whales Move $82 Million Worth Of SOL Data from the - [The Latest Tech News in Crypto and Blockchain](https://www.ltc-tv.com/blockchain/the-latest-tech-news-in-crypto-and-blockchain-3/) - Feb. 1: Cube.Exchange, a soon-to-launch digital asset trading platform, has raised $12 million as part of a Series A fundraise, according to the team: "Investors in the round, led by 6th Man Ventures, include Asymmetric, ParaFi Digital, Foundation Capital, Susquehanna Private Equity Investments, LLLP, GSR Markets, Everstake Capital, Big Brain Holdings, Third Kind Venture Capital, - [Time to End Craig Wright’s Harassment Campaign Against Bitcoin Devs](https://www.ltc-tv.com/blockchain/time-to-end-craig-wrights-harassment-campaign-against-bitcoin-devs/) - COPA is committed to seeing this litigation through the end. COPA’s members, including Coinbase, understand that those of us with the resources to take on these fundamental fights must never hesitate. In these final days before trial, we are grateful for the court’s careful attention to our case, and its scrutiny of the evidence (or, - [Shiba Inu Prints Rare Bullish Signal, Eyes This Price Target](https://www.ltc-tv.com/crypto-news/shiba-inu-prints-rare-bullish-signal-eyes-this-price-target/) - Since the Shiba Inu (SHIB) reached a local high of $0.00001193 on December 16 last year, the price has been in a downtrend characterized by a series of lower highs and lower lows. However, renowned crypto analyst Ali Martinez has now discovered a rare bullish signal that could end this trend. Shiba Inu Price Flashes - [Jack Dorsey's Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%](https://www.ltc-tv.com/blockchain/jack-dorseys-block-inc-begins-layoffs-under-previously-disclosed-plan-to-cut-staff-by-10/) - Block, whose companies include Square Inc., Cash App and Tidal, as well as the bitcoin-focused division TBD, said in an earnings call last year that it would reduce its headcount from 13,000 in the third quarter of 2023 to an "absolute cap" of 12,000 by the end of this year. Source link - [Values Drop 60% After Holiday Frenzy](https://www.ltc-tv.com/crypto-news/values-drop-60-after-holiday-frenzy/) - The short-lived reign of Bitcoin as the leading NFT platform came to an end this month, with Ethereum reclaiming the top spot as NFT sales on the Bitcoin network plummeted over 60% compared to December’s record highs. Data from NFT analytics platform CryptoSlam reveals a stark reversal in fortunes. After surpassing Ethereum in December with - [Solana's WEN Token Plummets Despite Burning 27% of Supply](https://www.ltc-tv.com/blockchain/solanas-wen-token-plummets-despite-burning-27-of-supply/) - The burn turned out to be a "sell the news event" as traders had already accounted for the purge – and then some. Source link - [Crypto Exchange Predicts 1000x Returns On XRP Price With Ambitious Rise To $594](https://www.ltc-tv.com/crypto-news/crypto-exchange-predicts-1000x-returns-on-xrp-price-with-ambitious-rise-to-594/) - Crypto exchange Changelly has laid out an all-encompassing price prediction for XRP. As part of this prediction, the platform stated that the crypto token would rise to as high as $594 and gave a definite timeline for when this would happen. When Will XRP Price Rise To $594? Changelly predicts that XRP will rise to - [How To Buy, Sell, And Trade Crypto On The Base Network](https://www.ltc-tv.com/crypto-news/how-to-buy-sell-and-trade-crypto-on-the-base-network/) - The foundational infrastructure of the Base Network brings about yet another Ethereum Layer 2 network, distinguished by its scalability and empowerment through the notable association with Coinbase. Coinbase is recognized globally as one of the most trusted cryptocurrency exchanges and companies, Coinbase effectively manages a diverse portfolio of crypto assets, solidifying its status as a - [Stellar's Foundation Supports Delay of Smart-Contracts Upgrade After Bug Found](https://www.ltc-tv.com/blockchain/stellars-foundation-supports-delay-of-smart-contracts-upgrade-after-bug-found/) - SDF officials "decided that the bug posed little risk given the phased rollout plan," but after "robust feedback" from the developer community, the foundation is now planning to "disarm" its own validators to prevent them from voting to upgrade the network on Jan. 30, according to the post. Source link - [Key Requirements For Spot XRP ETF Approval Revealed Amidst 4500% Price Surge Target](https://www.ltc-tv.com/crypto-news/key-requirements-for-spot-xrp-etf-approval-revealed-amidst-4500-price-surge-target/) - Following Bitcoin’s spot exchange-traded fund (ETF) approval on January 11, market speculation has grown around the possibility of similar investment vehicles for major cryptocurrencies, including a spot XRP ETF. However, certain requirements and regulatory considerations must be met before such a development can occur. Regulatory Prerequisites For Spot XRP ETF FOX reporter Eleanor Terret clarifies - [Which Is the Best Self-Custody Lightning Wallet?](https://www.ltc-tv.com/blockchain/which-is-the-best-self-custody-lightning-wallet/) - Bitcoin educator Anita Posch tested the Blixt, Green, Mutiny, Phoenix and Zeus Lightning wallets while traveling in Zimbabwe. Source link - [IBIT First Spot BTC ETF to Reach $2B in AUM](https://www.ltc-tv.com/blockchain/ibit-first-spot-btc-etf-to-reach-2b-in-aum/) - Investors added about $170 million to IBIT on Thursday, with the fund purchasing nearly another 4,300 bitcoin (BTC), pushing total tokens held to 49,952. With the price of bitcoin rising well above the $40,000 level early Friday, that brought AUM to above $2 billion. Source link - [US Government Will Dump $130 Million Worth Of Bitcoin](https://www.ltc-tv.com/crypto-news/us-government-will-dump-130-million-worth-of-bitcoin/) - The US government has revealed its plans to offload a significant portion of its Bitcoin (BTC) holdings. This move has raised concerns in the crypto community, considering how much selling pressure this could add to what the crypto market is already facing. US Government To Sell $130 Million Worth Of Bitcoin The Department of Justice - [The Latest Tech News in Crypto and Blockchain](https://www.ltc-tv.com/blockchain/the-latest-tech-news-in-crypto-and-blockchain-2/) - Jan. 25: Centrifuge, a protocol to bring real-world assets (RWAs) onchain, has integrated with the Celo blockchain through cross-chain interoperability project Axelar. "Following the integration, Centrifuge will introduce new assets to the Celo ecosystem, such as tokenized Treasury bills and carbon credit pools," according to the team: "Centrifuge joins Celo’s robust network of real-world financial - [Bitcoin Whales Go On Buying Spree As Price Dips, Here’s How Much They Bought](https://www.ltc-tv.com/crypto-news/bitcoin-whales-go-on-buying-spree-as-price-dips-heres-how-much-they-bought/) - A recent development shows that Bitcoin whales have refused to be deterred by the recent price action of the flagship cryptocurrency. Instead, they have chosen to see it as an opportunity to accumulate more BTC. This move could turn out to be really profitable based on a recent analysis by crypto analyst Ali Martinez. An - [Ripple's David Schwartz Talks 'Bottom-Up Growth' on XRP Ledger, Rebuts Critics: Q&A](https://www.ltc-tv.com/blockchain/ripples-david-schwartz-talks-bottom-up-growth-on-xrp-ledger-rebuts-critics-qa/) - Schwartz spoke to The Protocol about the aftermath of Ripple's SEC win, his method for dealing with XRP's rabid fanbase, the XRP Ledger's controversial approach to centralization, and more. Source link - [OKB Flash Crash Wipes 25% Off Value In Minutes](https://www.ltc-tv.com/crypto-news/okb-flash-crash-wipes-25-off-value-in-minutes/) - Yesterday, the cryptocurrency market went through a tumultuous ride, witnessing an overall dip of 5%. However, amidst the chaos, one token stood out: OKB, the native token of the OKX exchange. It experienced a dizzying flash crash followed by a remarkable recovery, leaving investors shaken yet surprisingly hopeful. In a span of 30 minutes, OKB - [The Next Phase of DeFi Is Here](https://www.ltc-tv.com/blockchain/the-next-phase-of-defi-is-here/) - Another notable aspect of DeFi v1 was the dominance of complex protocols encompassing a broad range of functionalities, leading to questions about whether they should be referred to as financial primitives at all. After all, a primitive is an atomic functionality, and protocols like Aave include hundreds of risk parameters and enable very complex, monolithic - [Whales Add 4,230 BTC, Signaling Potential Price Reversal](https://www.ltc-tv.com/crypto-news/whales-add-4230-btc-signaling-potential-price-reversal/) - In a surprising turn of events, the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) has not yielded the anticipated immediate upside impact on the Bitcoin price. Contrary to expectations within the crypto community, BTC has experienced a sharp drop of over 16% since the ETF approval on Wednesday, January 11, dipping below the key - [FTX Affiliate Alameda Research Drops Grayscale Lawsuit](https://www.ltc-tv.com/blockchain/ftx-affiliate-alameda-research-drops-grayscale-lawsuit/) - The lawsuit, filed last March, alleges more than $9 billion in investor funds became trapped in Grayscale's Bitcoin Trust (GBTC), following the collapse of FTX. The complaint formed part of wider efforts to retrieve and "maximize" recoveries for FTX customers whose funds were funds lost by, or locked on, the failed cryptocurrency exchange and its - [Bitcoin Puell Multiple At Crucial Juncture: Will Retest Save Rally?](https://www.ltc-tv.com/crypto-news/bitcoin-puell-multiple-at-crucial-juncture-will-retest-save-rally/) - On-chain data shows the Bitcoin Puell Multiple indicator is currently retesting a crucial level that may end up deciding the fate of the latest rally. Bitcoin Puell Multiple Is Now Retesting Its 365-Day Moving Average As explained by an analyst in a CryptoQuant Quicktake post, the interaction of the Puell Multiple with its 365-day moving - [How To Buy, Sell, And Trade Tokens On The Optimism Network](https://www.ltc-tv.com/crypto-news/how-to-buy-sell-and-trade-tokens-on-the-optimism-network/) - Optimism (OP) is a Layer 2 network that solves Ethereum’s scalability issues, bringing low fees and faster transactions to users. Scalability and low gas fees have always been Ethereum’s major problems. This is because, amid the trilemma of crypto, where security, decentralization, and scalability are not equal, Ethereum chose more security than decentralization and more - [Bitcoin Spot ETFs Approved After 14 Years- The Journey So Far](https://www.ltc-tv.com/crypto-news/bitcoin-spot-etfs-approved-after-14-years-the-journey-so-far/) - The year 2024 marks the dawn of a new era, not just for technology but for finance, as a major victory was achieved for Bitcoin Spot ETFs (Exchang-Traded Funds). It’s now the era where the past will be appreciated for its foresight and doggedness. When the pioneer cryptocurrency and digital currency, Bitcoin launched in January - [He Exposed Harvard President's Plagiarism, Then Lost Money Betting on the Story](https://www.ltc-tv.com/blockchain/he-exposed-harvard-presidents-plagiarism-then-lost-money-betting-on-the-story/) - "I've never made money on prediction markets. I'm down. It's a hobby rather than something I actually make money on," Brunet said in an interview with CoinDesk. "In the past, when I wrote articles, I used to make firm predictions. But I got fooled so many times with prediction markets, so I'm very humble." Source - [The SEC Goes Back to Court](https://www.ltc-tv.com/blockchain/the-sec-goes-back-to-court/) - Last summer, the U.S. Securities and Exchange Commission (SEC) sued crypto exchanges Coinbase and Binance, alleging they listed and traded unregistered securities in the form of various cryptocurrencies. This week, the regulator's legal teams faced the exchanges in court as the companies argued the SEC did not make the case that those cryptos are securities. - [Crypto Analyst Predicts Potential Trend For Bitcoin As Price Slips](https://www.ltc-tv.com/crypto-news/crypto-analyst-predicts-potential-trend-for-bitcoin-as-price-slips/) - Rekt Capital, a well-known cryptocurrency analyst and enthusiast, has revealed the potential directions that the price of Bitcoin could take in light of the upcoming fourth BTC Halving. Potential Retracement For Bitcoin With the halving event approaching, analysts are debating what steps Bitcoin should take after its recent breach from the macro downtrend. One of - [The Answer Lies With Bitcoin, Not Stablecoins](https://www.ltc-tv.com/blockchain/the-answer-lies-with-bitcoin-not-stablecoins/) - Bitcoin, however, offers a truly decentralized option, getting us closer to freedom as non-domination. Bitcoin's decentralized nature prevents the type of domination that comes with the centralized structures of stablecoins or traditional finance. Each participant can impact the network's decisions, reducing the risk of arbitrary power, and thus fostering a more republican view of freedom. - [Crypto Analyst Predicts Massive Breakout Against Bitcoin](https://www.ltc-tv.com/crypto-news/crypto-analyst-predicts-massive-breakout-against-bitcoin/) - Crypto analyst The Crypto Dog has provided a bullish narrative for the Injective (INJ) token. As part of his insights, the analyst hinted that the crypto token could outperform Bitcoin soon enough. Injective To Breakout Against Bitcoin In an X (formerly Twitter) post, The Crypto Dog shared an INJ/BTC chart while hinting that an “incredibly - [China's Illegal Crypto Activities Are Taking Place in Laundromats and Cafes: WSJ](https://www.ltc-tv.com/blockchain/chinas-illegal-crypto-activities-are-taking-place-in-laundromats-and-cafes-wsj/) - Physical trading is most popular in China's inland, as places further from the coast are generally poorer so local governments are preoccupied with other matters. Source link - [Bitcoin and Ethereum's Rise Signals a Promising Year Ahead for Digital Assets](https://www.ltc-tv.com/blockchain/bitcoin-and-ethereums-rise-signals-a-promising-year-ahead-for-digital-assets/) - Because it's a more familiar, regulated way to allocate capital into the crypto market. Check out Coinbase and MicroStrategy stocks in 2023 – they outperformed Bitcoin, and that's no coincidence. These ETFs will open the floodgates for Registered Investment Advisors (RIAs), pension funds, and hedge funds to get in on the action. Plus, investment banks - [Average Bitcoin Long-Term Holder Now Carries 55% Profit](https://www.ltc-tv.com/crypto-news/average-bitcoin-long-term-holder-now-carries-55-profit/) - On-chain data shows the Bitcoin long-term holders (the so-called HODLers) are now carrying an unrealized profit of 55% on average. Bitcoin Long-Term Holder NUPL Has Hit A Value Of 0.55 According to the latest weekly report from Glassnode, the profit that the BTC long-term holders are holding has gone up recently. The indicator of interest - [Ethereum Trouncing Bitcoin, ETH/BTC Ratio Bouncing Higher: Will This Trend Continue?](https://www.ltc-tv.com/crypto-news/ethereum-trouncing-bitcoin-eth-btc-ratio-bouncing-higher-will-this-trend-continue/) - Amidst a volatile crypto market, Ethereum (ETH) is gaining momentum, outperforming its long-time rival Bitcoin (BTC). According to Kaiko data, the ETH/BTC ratio has steadily risen, rebounding from multi-year lows. ETH/BTC Ratio Rising, ETH Momentum Building The ETH/BTC ratio technically gauges market sentiment towards these two leading crypto. The recent rebound indicates investors are increasingly bullish - [BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple](https://www.ltc-tv.com/blockchain/blackrock-wants-to-follow-bitcoin-etf-with-an-ethereum-etf-marketing-it-might-not-be-so-simple/) - Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product. Source link - [Ethereum Bloodbath Incoming? Celsius' $125 Million Move Threatens ETH Price](https://www.ltc-tv.com/crypto-news/ethereum-bloodbath-incoming-celsius-125-million-move-threatens-eth-price/) - The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to destabilize the price movement. The now-bankrupt crypto lender seems to have begun its reimbursement plan to its creditors, as on-chain data reveal the movement of its ETH holdings to crypto exchanges. According to crypto market intelligence company - [USDC Remittances Worth $130 Billion Flowed into Asia in 2022, Circle Says](https://www.ltc-tv.com/blockchain/usdc-remittances-worth-130-billion-flowed-into-asia-in-2022-circle-says/) - These volumes are also made up of remittance transfers, a big deal for emerging markets with a large diaspora, such as the Philippines. In the report, Circle highlighted how it has partnered with Coins.ph – an exchange based in the country – to try and capture some of this business, worth around $36 billion a - [Ethereum $2,600 Breach Paves Way For ETH Ascent To $3,000](https://www.ltc-tv.com/crypto-news/ethereum-2600-breach-paves-way-for-eth-ascent-to-3000/) - Ethereum has staged a remarkable coup, outshining Bitcoin with a 14% surge in just two weeks. This week, the digital currency shattered a key psychological barrier, surpassing $2,600 for the first time since May 2022. This decisive breach, backed by strong fundamentals and an increasingly bullish sentiment, could pave the way for Ethereum’s ascent to - [How To Stake TIA And Position For 5-Figure Airdrops](https://www.ltc-tv.com/crypto-news/how-to-stake-tia-and-position-for-5-figure-airdrops/) - Celestia is the star of the modular network in late 2023 after its airdrop and staking TIA has become a good way to receive airdrops. Celestia is a chain that a lot of people overlooked because, before the launch, there was not a lot of information about Celestia and the airdrop. However, in the fast-paced world - [SEC Statement on the Hack of Its X Account and the Resulting Fake Bitcoin ETF Approval Announcement](https://www.ltc-tv.com/blockchain/sec-statement-on-the-hack-of-its-x-account-and-the-resulting-fake-bitcoin-etf-approval-announcement/) - Based on current information, staff understands that, shortly after 4:00 pm ET on Tuesday, January 9, 2024, an unauthorized party gained access to the @SECGov X.com account by obtaining control over the phone number associated with the account. The unauthorized party made one post at 4:11 pm ET purporting to announce the Commission’s approval of - [SEC Comments on Hack of Its X Account and Resulting Fake Bitcoin ETF Approval Announcement](https://www.ltc-tv.com/blockchain/sec-comments-on-hack-of-its-x-account-and-resulting-fake-bitcoin-etf-approval-announcement/) - On Tuesday, the SEC's official X (formerly Twitter) account, @SECgov, tweeted that the agency had approved a number of spot bitcoin exchange-traded fund (ETF) applications to begin trading, a message that was ultimately shown to be faked by someone who was able to gain access to the account through the phone number associated with it. - [Bitcoin Price Tumbles, Mining Stocks MARA, RIOT Drop 10% Boosting ETF 'Sell the News' Calls](https://www.ltc-tv.com/blockchain/bitcoin-price-tumbles-mining-stocks-mara-riot-drop-10-boosting-etf-sell-the-news-calls/) - Cryptocurrency-adjacent stocks also endured significant pullback, with miners Marathon Digital (MARA) and Hut 8 (HUT) both recording more than 10% declines. Riot Platforms (RIOT), another BTC miner, sank 8%. Coinbase, the crypto exchange that plays a key role in multiple spot bitcoin ETFs, also saw its stock price drop 6%. Source link - [Roadmap And Key Price Targets For This Year](https://www.ltc-tv.com/crypto-news/roadmap-and-key-price-targets-for-this-year/) - The Solana Foundation has unveiled a roadmap for 2024, focusing on innovation, developer engagement and network scalability. “2024 is the year of Solana,” the foundation proclaimed, focusing on the key milestones achieved and strategic goals for the year in the statement. The “Solana Foundation’s State of Developer Ecosystem Report” highlights a surge in developer activity, - [Cathie Wood Sees Bitcoin (BTC) Price Reaching $1.5M By 2030 After ETF Approval](https://www.ltc-tv.com/blockchain/cathie-wood-sees-bitcoin-btc-price-reaching-1-5m-by-2030-after-etf-approval/) - The ARK Invest CEO also said a bear case would see the price rise to $258,500 and a base case of $682,800. ARK backed up the previous $1 million price prediction by pointing to a higher hashrate, long-term holder supply, and addresses with a non-zero balance compared to the prior downturns. The SEC's approval of - [Top 8 Crypto Trends That Will Dominate The Market In 2024](https://www.ltc-tv.com/crypto-news/top-8-crypto-trends-that-will-dominate-the-market-in-2024/) - Renowned analyst Ted (@tedtalksmacro) has offered a detailed forecast for 2024 in the crypto market. His analysis on X (formerly Twitter) touches on several critical points, from macro events, the Bitcoin Halving to fresh liquidity in the market. This is going to be quite a long post, summing up 2023 and looking ahead to the - [Everyone Wants the SEC’s Fake News to Be Real](https://www.ltc-tv.com/blockchain/everyone-wants-the-secs-fake-news-to-be-real/) - After all, ETFs are just standard investment products, not manna sent from heaven. Once people realize that, we might see a slow uptick in demand and price action for bitcoin, but not a flood of all-time-high milestones. Gold, if you check, didn’t suddenly become a mainstream investment; it took years. And, it’s likely to be - [Ethereum Bullish Breakout: Analysts Predict Surge To $3,500](https://www.ltc-tv.com/crypto-news/ethereum-bullish-breakout-analysts-predict-surge-to-3500/) - Ethereum, the second-largest crypto by market capitalization, is currently exhibiting signs of a bullish breakout, as observed by two prominent analysts in the crypto space. According to World Of Charts, Ethereum shows consolidation within a bullish pennant pattern. This technical formation typically suggests continuing an upward trend in Ethereum’s case. According to the analyst, if - [Bitcoin ETFs Could See Up to $100B in Inflows If SEC Approves: Standard Chartered](https://www.ltc-tv.com/blockchain/bitcoin-etfs-could-see-up-to-100b-in-inflows-if-sec-approves-standard-chartered/) - Bitcoin gained around 155% over the last year and is up 6% since the start of 2024, according to data from Messari. Standard Chartered said that following an approval, bitcoin could witness similar gains to what gold did, but over a shorter time period (one to two-years). “Our view is the BTC ETF market will - [Cardano Drops 18% Despite 250% Surge In Development Activity](https://www.ltc-tv.com/crypto-news/cardano-drops-18-despite-250-surge-in-development-activity/) - Cardano (ADA) closed out 2023 with a rollercoaster ride, soaring towards $0.70 before plummeting back to $0.52 by the new year. While this sharp correction was anticipated, concerns linger about an ongoing bearish sentiment despite room for growth. Recovery won’t be a walk in the park. Currently trading at $0.52, Cardano faces an uphill battle. - [Bitcoin ETFs: The Bull Case](https://www.ltc-tv.com/blockchain/bitcoin-etfs-the-bull-case/) - In other words, the bull case around an ETF boils down to legitimization. Even before Gary Gensler, the current chairman of the Securities and Exchange Commission (SEC), took charge, the U.S. government was hesitant to approve crypto ETFs because of the possibility of market manipulation and fraud. ETFs, which are like mutual funds except typically - [Analyst Says Expect A Decline To $30,220 If Bitcoin Loses This Support](https://www.ltc-tv.com/crypto-news/analyst-says-expect-a-decline-to-30220-if-bitcoin-loses-this-support/) - An analyst has explained how a decline to $30,220 or below could happen for Bitcoin if the strong support range below the current price gets lost. Bitcoin Has Strong Support Between $42,560 And $43,245 Right Now In a new post on X, analyst Ali has discussed how Bitcoin is floating above a strong on-chain support - [How To Bridge And Trade On The Injective (INJ) Network](https://www.ltc-tv.com/crypto-news/how-to-bridge-and-trade-on-the-injective-inj-network/) - Injective is a blockchain designed specifically for finance. It is an interoperable and environmentally-friendly layer 1 blockchain that supports advanced DeFi applications, including crypto trading dApps, like spot and derivative exchanges, and lending protocols. That being said, in the fast-paced world of cryptocurrency, the Injective Network has emerged as a trailblazing force, revolutionizing the landscape - [VanEck’s Head Of Research Says BlackRock Has $2 Billion In Investments Lined Up](https://www.ltc-tv.com/crypto-news/vanecks-head-of-research-says-blackrock-has-2-billion-in-investments-lined-up/) - VanEck’s Head of Research, Matthew Sigel, recently hinted that the Spot Bitcoin ETF of the world’s asset manager, BlackRock, could see a record-breaking amount of inflows upon launch. This comes as an approval order by the Securities and Exchange Commission (SEC) looks imminent. BlackRock’s Bitcoin ETF Could See Inflows Of Over $2 Billion Sigel mentioned - [Final Bitcoin ETF Application Filings Get Posted by Major U.S. Exchanges](https://www.ltc-tv.com/blockchain/final-bitcoin-etf-application-filings-get-posted-by-major-u-s-exchanges/) - This filing "is another important step towards uplisting GBTC as a spot bitcoin ETF," Grayscale spokeswoman Jenn Rosenthal said in a statement, referring to the company's bitcoin trust that it wants to turn into an ETF. "At Grayscale, we continue to work collaboratively with the SEC, and we remain ready to operate GBTC as an - [Arthur Hayes Sees 30% BTC Price Crash After Bitcoin ETF Saga](https://www.ltc-tv.com/blockchain/arthur-hayes-sees-30-btc-price-crash-after-bitcoin-etf-saga/) - Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial - [Brink to Receive 5% of VanEck Bitcoin (BTC) ETF Profits](https://www.ltc-tv.com/blockchain/brink-to-receive-5-of-vaneck-bitcoin-btc-etf-profits/) - While this is largely welcomed from the incumbent crypto community, there will also be friction in some quarters. Therefore providers like VanEck will be keen to demonstrate some commitment to the core Bitcoin industry by giving back to developers and others. Source link - [Why This Analyst Thinks It's Impossible For The Bitcoin ETF To Be Priced In](https://www.ltc-tv.com/crypto-news/why-this-analyst-thinks-its-impossible-for-the-bitcoin-etf-to-be-priced-in/) - On a high note, the crypto market starts in 2024, with BTC’s price rising steadily from $41,000 to around $46,000 as the Bitcoin ETF decision looms. The upcoming decisions by the U.S. Securities and Exchange Commission (SEC) on the BTC spot Exchange Traded Funds (ETFs) could lead to significant market fluctuations. These decisions, expected between - [Cryptocurrency ETPs Saw $2.2B of Inflows in 2023](https://www.ltc-tv.com/blockchain/cryptocurrency-etps-saw-2-2b-of-inflows-in-2023/) - At $2.2 billion, 2023 inflows were more than double that of 2022. The majority of this money hit in the final quarter, said CoinShares' James Butterfill, as it became “increasingly clear that the SEC was warming up to the launch of bitcoin spot-based ETFs in the United States.” Source link - [XRP Price Gears Up For 'Significant Upswing Soon': Crypto Analyst](https://www.ltc-tv.com/crypto-news/xrp-price-gears-up-for-significant-upswing-soon-crypto-analyst/) - The XRP price fell sharply yesterday as a result of Bitcoin’s flash crash, as did the entire altcoin market. The price briefly fell by 21% yesterday, plummeting from around $0.64 to $0.505. Although the price was still able to recover above the 200-day exponential moving average (EMA) in the 1-day chart at $0.5712 by daily - [Goldman Sachs (GS) Eyeing Bitcoin ETF Role Via BlackRock (BLK), Grayscale (GBTC): Sources](https://www.ltc-tv.com/blockchain/goldman-sachs-gs-eyeing-bitcoin-etf-role-via-blackrock-blk-grayscale-gbtc-sources/) - The company is in talks to be an authorized participant, or AP, for the exchange-traded funds, according to the people, who requested anonymity. That's one of the most important jobs in the multi-trillion-dollar ETF industry, a role that involves creating and redeeming ETF shares to ensure the products trade in lockstep with their underlying assets. - [Forget The SEC And Bitcoin ETF Approval Drama, Here's Why Bitcoin Flash Crashed](https://www.ltc-tv.com/crypto-news/forget-the-sec-and-bitcoin-etf-approval-drama-heres-why-bitcoin-flash-crashed/) - The recent flash crash of Bitcoin from over $45,500 to as low as $41,100 has sent shockwaves throughout the crypto community, sparking debate over the underlying causes. While some have attributed the crash to unconfirmed rumors that the US Securities and Exchange Commission (SEC) might, after all, not approve Bitcoin ETFs in January, The Wolf - [JUP Airdrop Date Set for End of January by Trading Aggregator Jupiter](https://www.ltc-tv.com/blockchain/jup-airdrop-date-set-for-end-of-january-by-trading-aggregator-jupiter/) - In a post on X, the founder, Meow, said the protocol was "not optimizing for hype or price of perfect price discovery." Rather, the airdrop would be an experiment in conducting a major token distribution – a "high stress event" – while "ensuring no cats left behind." Source link - [Dogecoin Is Bullish? Crypto Analyst Gives Reasons Why Investors Should Pay Attention](https://www.ltc-tv.com/crypto-news/dogecoin-is-bullish-crypto-analyst-gives-reasons-why-investors-should-pay-attention/) - Crypto analyst Jaydee has made a bullish case for Dogecoin (DOGE) as he outlined several reasons why a significant price breakout may be on the horizon for the foremost meme coin. DOGE’s price saw a 370x gain the last time the indicators Jaydee highlighted materialized. Why Crypto Investors Should Pay Attention To DOGE In a - [Tellor (TRB) Leaves Market In Shock With 75% Price Crash, Here's What Happened](https://www.ltc-tv.com/crypto-news/tellor-trb-leaves-market-in-shock-with-75-price-crash-heres-what-happened/) - Tellor (TRB) went on a rollercoaster in the past 24 hours, with its price experiencing a surge and a drop that is comparable to that of price manipulation. As a result, the crypto surged to over $600 in the late hours of 2023 before crashing down to $137. According to data from CoinGlass, TRB witnessed - [A How To Guide On Riding The Wave Of Inflows](https://www.ltc-tv.com/crypto-news/a-how-to-guide-on-riding-the-wave-of-inflows/) - Every bull run starts with a spark of capital inflows, something that excites those watching enough to cause FOMO. As a result of that FOMO, traders & paper holders get emotional about holding “this damn coin that just does nothing,”. All while watching others straight line up, then dump their positions at magically the wrong - [Bitwise Closes Ranks With $200 Million Seed Fund](https://www.ltc-tv.com/crypto-news/bitwise-closes-ranks-with-200-million-seed-fund/) - The competition among the Spot Bitcoin ETF issuers is heating up as the period for potential approval of these funds draws nearer. Asset manager Bitwise is the issuer currently making waves as it could potentially outrank the world’s largest asset manager, BlackRock, in terms of seed funds for their respective ETFs. Bitwise’s Bitcoin ETF Could - [FTX Founder Sam Bankman-Fried Won't Face Second Criminal Trial, U.S. Prosecutors Say](https://www.ltc-tv.com/blockchain/ftx-founder-sam-bankman-fried-wont-face-second-criminal-trial-u-s-prosecutors-say/) - In November, a jury found Bankman-Fried guilty of seven counts of wire fraud, securities fraud and money laundering, among other charges. His crimes, which came to light in 2022, resulted in the loss of billions of dollars worth of FTX and Alameda Research investors' funds, deepening a crypto market downturn that had begun earlier that - [Amid Bitcoin ETF Race, BlackRock, Fidelity, Invesco Dot Their Bureaucratic I's as Likely SEC Action Looms](https://www.ltc-tv.com/blockchain/amid-bitcoin-etf-race-blackrock-fidelity-invesco-dot-their-bureaucratic-is-as-likely-sec-action-looms/) - Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial - [JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation](https://www.ltc-tv.com/blockchain/jpmorgan-ceos-bitcoin-bashing-is-a-do-as-i-say-not-as-i-do-situation/) - Jamie Dimon's bank agreed to play a key role with BlackRock's proposed bitcoin ETF, just weeks after he told U.S. senators: "I've always been deeply opposed to crypto, bitcoin, etc." Source link - [Coinbase (COIN), Marathon (MARA), Riot Drop Near 10% as Bitcoin Price Dips to $42K](https://www.ltc-tv.com/blockchain/coinbase-coin-marathon-mara-riot-drop-near-10-as-bitcoin-price-dips-to-42k/) - Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial - [ARK Invest Pivots To Bitcoin As Cathie Wood Expects BTC Price To Explode](https://www.ltc-tv.com/crypto-news/ark-invest-pivots-to-bitcoin-as-cathie-wood-expects-btc-price-to-explode/) - CEO of ARK Invest, Cathie Wood has shared her perspective on the approval timeline for Spot Bitcoin ETFs. She has also highlighted the significant impact the official authorization of Bitcoin ETFs would have on the price of BTC. BTC Price Boom Predicted Following ETF Acceptance Founder and CEO of American asset investment management firm, ARK - [Binance User Base Grew 30% This Year, Expanding Even After U.S. Legal Settlements](https://www.ltc-tv.com/blockchain/binance-user-base-grew-30-this-year-expanding-even-after-u-s-legal-settlements/) - The largest cryptocurrency trading venue added 40 million accounts to 170 million. Source link - [PancakeSwap To Burn 300 Million CAKE, Why Is This Whale Moving Coins?](https://www.ltc-tv.com/crypto-news/pancakeswap-to-burn-300-million-cake-why-is-this-whale-moving-coins/) - Amidst PancakeSwap’s proposal to burn 300 million CAKE and reduce the total supply from 750 million to 450 million CAKE, on-chain data indicates that a whale has been moving a significant amount of CAKE, the decentralized exchange’s governance token. Whale Is Moving Tokens As Key PancakeSwap Voting Event Proceeds According to a report from Scopescan, a - [The Year Crypto Rebuilds Its Image, Fueled by ETF Hopes and Regulatory Clarity](https://www.ltc-tv.com/blockchain/the-year-crypto-rebuilds-its-image-fueled-by-etf-hopes-and-regulatory-clarity/) - First, SEC approval of spot bitcoin ETFs could stimulate more excitement and support for digital assets, clarifying regulatory uncertainties and valuation concerns. The recent excitement about advancements in payment processing, particularly with the introduction of PayPal's U.S. dollar stablecoin, PYUSD, highlights the need for clarity. This excitement, however, was muddled due to the competition with - [Crypto Analyst Predicts Bitcoin To Reach $130,000, Here's When](https://www.ltc-tv.com/crypto-news/crypto-analyst-predicts-bitcoin-to-reach-130000-heres-when/) - Amid the recent Bitcoin (BTC) price rally, cryptocurrency analyst CryptoCon has shed his optimism about the price action of the crypto asset while highlighting a bold prediction. Bitcoin To Experience Pullback Beforehand On Tuesday, December 26, CryptoCon took to X (formerly Twitter) to share his latest projections on Bitcoin. According to the analyst, the price - [Shiba Inu Whale Moves $45 Million In SHIB, Bullish?](https://www.ltc-tv.com/crypto-news/shiba-inu-whale-moves-45-million-in-shib-bullish/) - Amid the joyous mood of the festive season, the Ethereum-based meme coin, Shiba Inu has witnessed massive whale activity over the past 24 hours, causing speculation around the crypto community. Shiba Inu Sees Substantial Whale Activity A recent report revealed that a Shiba Inu whale has moved about 4 trillion SHIB tokens to an unidentified - [Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke](https://www.ltc-tv.com/blockchain/barry-silbert-resigns-as-grayscale-chairman-to-be-replaced-by-mark-shifke/) - Silbert's Digital Currency Group (DCG), which owns Grayscale, was sued in October by New York Attorney General Letitia James for allegedly defrauding more than 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion. James also charged Silbert with defrauding the public by trying to conceal heavy losses. DCG and Silbert rejected - [Shiba Inu Burn Rate Soars By 5,000%, Here's Why](https://www.ltc-tv.com/crypto-news/shiba-inu-burn-rate-soars-by-5000-heres-why/) - The Shiba Inu burn initiative begins the week with a positive sentiment as the project has witnessed a significant increase in its token burn rate over the last 24 hours. Shiba Inu Burn Rate Sees Notable Uptick On Monday, December 25, over a 5,000% increase in the last 24 hours has been observed in the - [Japan Seeks to Promote Web3 by Ending Tax on Unrealized Crypto Asset Gains](https://www.ltc-tv.com/blockchain/japan-seeks-to-promote-web3-by-ending-tax-on-unrealized-crypto-asset-gains/) - Web3 companies have been moving overseas because they became liable for tax even before making profits from their activities, Gaku Saito, chairman of the JCBA's tax review committee, told CoinDesk Japan in an interview. Companies were having to pay tax on unrealized gains, forcing them to sell their assets and stifling business development. Source link - [Ethereum (ETH) Lags In Market Cap Growth Despite Positive Year](https://www.ltc-tv.com/crypto-news/ethereum-eth-lags-in-market-cap-growth-despite-positive-year/) - According to a report from crypto analytics firm IntoTheBlock, Ethereum has recorded an 85% increase in its market cap over the last year, moving from around $149.18 billion to its current value of $275.98 billion. However, in comparison with other major assets, ETH performance still leaves more to desire, especially considering the many positive developments - [Solana (SOL) Tops $100, Continuing Torrid December](https://www.ltc-tv.com/blockchain/solana-sol-tops-100-continuing-torrid-december/) - Much of that energy is being driven by rampant speculation. Some of the most popular crypto assets being traded on Solana right now are dog-themed meme coins. But airdrops, too, are prompting droves of traders to test out Solana-based lenders, bridges and other infrastructure. Source link - [ALGO Blows Up To 42-Week High, Delighting Algorand Fans](https://www.ltc-tv.com/crypto-news/algo-blows-up-to-42-week-high-delighting-algorand-fans/) - Known for being a blockchain technology pioneer, Algorand (ALGO) has seen ups and downs in the cryptocurrency market. Over the past week, there has been a notable 20% surge in the value of the Algorand token, which also translates to a 42-week peak. According to data from Coingecko, ALGO was trading at $0.232 at the - [Hashdex Names BitGo as Bitcoin ETF Custodian as Applicants Continue SEC Meetings](https://www.ltc-tv.com/blockchain/hashdex-names-bitgo-as-bitcoin-etf-custodian-as-applicants-continue-sec-meetings/) - Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial - [The Latest Tech News in Crypto and Blockchain](https://www.ltc-tv.com/blockchain/the-latest-tech-news-in-crypto-and-blockchain/) - Dec. 21: Tenderly has released its "2023 EVM Network Landscape Report, looking into the most widely used Ethereum scaling solutions, and revealing increased on-chain activity on Optimism, Arbitrum, Polygon, BNB Chain, Avalanche and Base for chain-specific use cases," according to the team: "The availability of tooling and infrastructure on these chains also points to their - [Polygon Breaks Through $0.85, Is A Move To New Highs Next?](https://www.ltc-tv.com/crypto-news/polygon-breaks-through-0-85-is-a-move-to-new-highs-next/) - Polygon has seen some sharp uptrend during the past day and has now broken above $0.85. Here’s why this break could pave the way for a further rally. Polygon Has Risen By More Than 6% During The Past 24 Hours After topping above the $0.94 mark earlier in the month, MATIC had gone on to - [A 2024 Market Guide for Financial Advisors](https://www.ltc-tv.com/blockchain/a-2024-market-guide-for-financial-advisors/) - A. Many people who look to invest in digital assets come from a traditional financial markets background and are often surprised by the complexity and fundamental differences between the two. Crypto is a nuanced and highly fragmented market, with hundreds of centralized exchanges globally. Yet only about 20 capture significant volumes, and then about five - [Analyst Says Polygon (MATIC) On Brink Of Major Move, Here's Why](https://www.ltc-tv.com/crypto-news/analyst-says-polygon-matic-on-brink-of-major-move-heres-why/) - A cryptocurrency analyst has explained that Polygon could be on the brink of a major move due to a pattern in an on-chain indicator. Polygon Whale Transactions Have Shot Up Recently In a new post on X, analyst Ali has pointed out how the whales have shown a notable surge in activity on the MATIC - [UK Crypto Hub Plans Takes Next Step as Government Discusses Digital Securities Sandbox](https://www.ltc-tv.com/blockchain/uk-crypto-hub-plans-takes-next-step-as-government-discusses-digital-securities-sandbox/) - "The government will work with the regulators and industry to identify any further legislative provisions that need to be brought into scope, and if necessary can facilitate this via further statutory instruments amending the DSS," the consultation response said. Source link - [Ethereum Retests Breakout Zone, Analyst Sets $3,500 Target](https://www.ltc-tv.com/crypto-news/ethereum-retests-breakout-zone-analyst-sets-3500-target/) - An analyst has explained how Ethereum is retesting a breakout zone currently and that this might lead toward a price target of $3,500. Ethereum Is Retesting The Breakout Line Of An Ascending Triangle As pointed out by analyst Ali in a new post on X, Ethereum may be preparing for a further climb right now - [UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers](https://www.ltc-tv.com/blockchain/uk-finance-ministry-to-discuss-crypto-banking-woes-with-lawmakers/) - "The U.K., London in particular, has become the global crypto hub, but to make sure that the market really can take off in the way that was intended in a responsible way, we need to regulate it, which is why we've introduced regulations for stablecoins, for promotion of crypto services," Hunt replied. Source link - [Santiment Breaks Down "Most Trending" Altcoins Of Past Week](https://www.ltc-tv.com/crypto-news/santiment-breaks-down-most-trending-altcoins-of-past-week/) - Here are the various altcoins that Santiment has identified to have been the most trending cryptocurrencies of the past week. Altcoins Like BONK Or SOL Saw Most Traction In Past Week In a new insight post, the on-chain analytics firm Santiment has discussed about some alts that have taken focus during the last week. Based - [Unofficial Arweave forking plans draw community controversy](https://www.ltc-tv.com/blockchain/unofficial-arweave-forking-plans-draw-community-controversy/) - Irys, a prominent layer-2 network within the Arweave ecosystem, allegedly has plans to fork the Arweave network with the intent to “drop the dataset and reset the token supply,” according to a Dec. 17 post by Arweave founder Sam Williams.He alleges that despite the existence of a safe upgrade mechanism with Arweave, Irys developers plan to - [XRP Gets Rejected Down: Analyst Predicts Bottom Target](https://www.ltc-tv.com/crypto-news/xrp-gets-rejected-down-analyst-predicts-bottom-target/) - An analyst has revealed the level of XRP might observe a pullback following the latest rejection in the cryptocurrency’s price. XRP Has Seen Rejection At Mid-line Of An Ascending Parallel Channel As explained by analyst Ali in a new post on X, XRP has appeared to have been moving inside an Ascending Parallel Channel recently. - [How To Buy Metaverse Land And Property](https://www.ltc-tv.com/crypto-news/how-to-buy-metaverse-land-and-property/) - Welcome to the world of Metaverse land and property investment! This guide provides essential insights into buying and owning digital real estate. From understanding metaverse land value to navigating legalities, we cover all you need to start your journey in the virtual property market. What Is Metaverse Land Metaverse land is a revolutionary aspect of - [Palau advances CBDC with Ripple in phase 2 of PSC program launch](https://www.ltc-tv.com/blockchain/palau-advances-cbdc-with-ripple-in-phase-2-of-psc-program-launch/) - The Ministry of Finance of Palau officially launched the second phase of its Palau Stablecoin (PSC) program. Jay Hunter Anson, a cybersecurity consultant in Palau and adviser to the Ministry of Finance, confirmed the program’s second phase launch on Dec. 15 in a post on X (formerly Twitter).Anson said that Palau aims to extend its - [New Swiss Web3 Hub Unites Cardano, UN, And WTO In Inauguration](https://www.ltc-tv.com/crypto-news/new-swiss-web3-hub-unites-cardano-un-and-wto-in-inauguration/) - In Geneve, Switzerland, Decentral House, a new initiative to unite the blockchain and Web3 space, has emerged. On the night of December 14th, several industry leaders from organizations worldwide discussed how blockchain is transforming the world. Decentral House: Merging The Physical With The Digital In One Spot Decentral House aims to serve as a hub - [Ripple exec predicts crypto landscape shifts in 2024](https://www.ltc-tv.com/blockchain/ripple-exec-predicts-crypto-landscape-shifts-in-2024/) - Ripple chief legal officer Stuart Alderoty has shared insights on the future of the cryptocurrency landscape in 2024. He discussed predictions about Ripple’s legal dispute with the United States Securities and Exchange Commission (SEC), the judiciary’s influence on crypto regulations and potential legislative challenges in the U.S. Congress.Alderoty predicts the possible resolution of Ripple’s lawsuit - [Massive Bitcoin Options Expiry Imminent, BTC Inflows Spike](https://www.ltc-tv.com/crypto-news/massive-bitcoin-options-expiry-imminent-btc-inflows-spike/) - A recent report has revealed an upcoming significant event that will see the expiration of a notable amount of Bitcoin (BTC) and Ethereum (ETH) options contracts. Bitcoin And Ethereum Options Contract Set To Expire Global options trading service platform Greeks.live, took to X (formerly Twitter) to share data regarding the expiration of the crypto assets. - [Ledger attack shows company ‘learned nothing’ after multiple breaches: ENS developer](https://www.ltc-tv.com/blockchain/ledger-attack-shows-company-learned-nothing-after-multiple-breaches-ens-developer/) - Crypto community members have posted their responses to the Ledger Connect Kit exploit that affected multiple decentralized applications (DApps) across the Web3 space.On Dec. 14, a hacker attacked the front end of multiple DApps using Ledger’s connector. The exploiter breached major apps such as SushiSwap, Phantom and Revoke.cash and stole at least $484,000 in digital - [Ledger breach possibly affecting whole EVM ecosystem — Linea](https://www.ltc-tv.com/blockchain/ledger-breach-possibly-affecting-whole-evm-ecosystem-linea/) - The attack on Ledger’s connector library may be impacting the whole Ethereum Virtual Machine (EVM) ecosystem, according to the Linea team, a zero-knowledge rollup by Consensys.The hacker targeted the Ledger connector library, which was designed to enable communication between Ledger hardware wallets and various decentralized applications (DApps). Wallet provider MetaMask has also been affected by - [Capital Inflows Mirror Pre-2021 Bull Run Momentum](https://www.ltc-tv.com/crypto-news/capital-inflows-mirror-pre-2021-bull-run-momentum/) - On-chain data shows the cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000. Bitcoin & Ethereum Are Getting $19.7 Billion In Capital Injections Currently As explained by analyst Ali in a new post on X, Bitcoin and Ethereum are receiving a large amount of capital inflows currently. - [Iota's ShimmerEVM joins Fireblocks, targets demand for assets tokenization](https://www.ltc-tv.com/blockchain/iotas-shimmerevm-joins-fireblocks-targets-demand-for-assets-tokenization/) - Open-source blockchain developer Iota has taken another step to meet institutional demand for asset tokenization by integrating its Shimmer EVM-compatible chain with Fireblocks.Data from VanEck Research shows the total market capitalization for tokenized real-world assets (RWA) reached $342 billion in September, despite the bear market and the crypto industry headwinds. According to Dominik Schiener, co-founder - [Santiment Points Out Trigger Behind 65% Cardano Rally](https://www.ltc-tv.com/crypto-news/santiment-points-out-trigger-behind-65-cardano-rally/) - The on-chain analytics firm Santiment has revealed a Cardano pattern that may have contributed as a trigger for the recent 65% rally in ADA’s price. Cardano Observed A Sudden Loss Of Wallets Prior To Rally As explained by Santiment in a post on X, ADA witnessed a large number of small wallets clear themselves out - [Using Samsung Galaxy A14 5G Smartphone for VRSC Crypto Mining](https://www.ltc-tv.com/mining-news/using-samsung-galaxy-a14-5g-smartphone-for-vrsc-crypto-mining/) - 12 Dec 2023 We put another budget-oriented smartphone to the test of crypto mining VerusCoin (VRSC) with it, this time around it is the Samsung Galaxy A14 5G. After the recent disappointment that the Samsung Galaxy A13 5G turned out to be with a 32-bit OS and unable to be used for mining we were - [A Week's Surge Crumbles in a Blink of 20 Minutes](https://www.ltc-tv.com/crypto-news/a-weeks-surge-crumbles-in-a-blink-of-20-minutes/) - After hitting $43,000 last week, Bitcoin traded just below it over the weekend. But the price of the cryptocurrency dropped significantly on Tuesday, reaching $41,800. Following Bitcoin’s December surge, investors chose to take profits, which led to this fall. There was a significant decline the night before, with Bitcoin momentarily falling as low as $40,300. - [Ethereum scaling firm =nil; Foundation introduces security-focused zkEVM](https://www.ltc-tv.com/blockchain/ethereum-scaling-firm-nil-foundation-introduces-security-focused-zkevm/) - Zero-knowledge technology firm =nil; Foundation has developed a new type-1 zero-knowledge Ethereum Virtual Machine (zkEVM) compiler to address security concerns identified in similar ZK-powered Ethereum scaling solutions.Speaking exclusively to Cointelegraph, =nil; Foundation CEO and co-founder Misha Komarov says the technology prioritizes security and allows high-level programming code to be compiled automatically into Zero-Knowledge Succinct Non-Interactive - [Bitcoin $42,000 Support Under Pressure As Short Position Inflows Soar](https://www.ltc-tv.com/crypto-news/bitcoin-42000-support-under-pressure-as-short-position-inflows-soar/) - Bitcoin (BTC) recently experienced a sharp decline, tumbling towards $40,000 amid a broader sell-off across the cryptocurrency market. While the most significant token managed to recover some losses, currently trading 4% lower at $42,000, concerns persist regarding the potential for further downside price action before a potential recovery. Investors Show Caution With Short-BTC Position Inflows - [X-Spot granted trademark injunction against Huobi Global in Hong Kong](https://www.ltc-tv.com/blockchain/x-spot-granted-trademark-injunction-against-huobi-global-in-hong-kong/) - X-Spot Global Limited, a company owned by Huobi Global exchange (now HTX) co-founder Leon Li, has won an injunction against Huobi Global for the latter to cease its use of the Chinese-equivalent "Huobi" trademark in Hong Kong.According to a recent decision with the Hong Kong High Court, the HTX exchange will be barred from using - [Block size and scalability, explained](https://www.ltc-tv.com/blockchain/block-size-and-scalability-explained/) - What is block size, and why is it important? Block size is important for maximizing storage efficiency and transaction throughput in file systems and blockchain contexts. The amount of data processed or transferred in a single block within a computer system or storage device is referred to as the block size. It represents the basic unit - [ETH Remains Steady At Over $2,300](https://www.ltc-tv.com/crypto-news/eth-remains-steady-at-over-2300/) - Recent patterns indicate that the impetus fueling Ethereum’s climb is far from diminishing, and the price trajectory of the cryptocurrency has shown resilience. Ethereum may not be as advanced as some of its L1 competitors, but it stands out from the crowd thanks to its large developer community, immense acceptance, and crucial role in DeFi - [Dual Mining Karlsen (KLS) and ZIL Plus Autoconversion to Bitcoin](https://www.ltc-tv.com/mining-news/dual-mining-karlsen-kls-and-zil-plus-autoconversion-to-bitcoin/) - 9 Dec 2023 If you are a miner that just wants to take a good profit if/while the Karlsen (KLS) craziness continues you might want to check out our quick tutorial on how to maximize your mining profit dual mining Karlsen (KLS) and Zilliqa (ZIL) with the latest Rigel miner 1.10.0 (Nvidia only) along with - [Analyst Places XRP As The Top Coin For The 2024-2025 Bull Run](https://www.ltc-tv.com/crypto-news/analyst-places-xrp-as-the-top-coin-for-the-2024-2025-bull-run/) - Prominent altcoin, XRP, has produced a positive performance in the last day, rising by 6.92%, according to data from CoinMarketCap. This price increase adds to the token’s impressive form all week, culminating in an 11.85% gain in the last seven days. Interestingly, it appears there may be larger gains for XRP investors in the coming - [How blockchain transforms Christmas giving](https://www.ltc-tv.com/blockchain/how-blockchain-transforms-christmas-giving/) - Blockchain technology in Christmas giving From enhancing transparency and trust in charitable donations to introducing the concept of tokenized gifts, blockchain is infusing a new spirit into the season. As the festive lights begin to twinkle and the scent of pine fills the air, the season of giving takes center stage. The tradition of exchanging gifts - [The Urlacher Makes a Full S19k Pro 115T ASIC Miner Run on 120V](https://www.ltc-tv.com/mining-news/the-urlacher-makes-a-full-s19k-pro-115t-asic-miner-run-on-120v/) - 8 Dec 2023 The Loki Kit by Pivotal Pleb Tech has made it easier for crypto miners to get creative and run various configurations of Bitmain S19 ASIC miners on 120V power, meaning home mining for these devices was made possible in US and other countries using this voltage. There are number of products already - [XRP Price To Go Parabolic? Crypto Analyst Confirms 1000% Golden Cross Has Returned](https://www.ltc-tv.com/crypto-news/xrp-price-to-go-parabolic-crypto-analyst-confirms-1000-golden-cross-has-returned/) - The XRP price is still underperforming the general crypto market raising concerns among holders. However, it is not all bad for the cryptocurrency which boasts of one of the strongest communities in the sector. As for its price, the optimism toward a recovery remains high as crypto analyst JD has given a rather bullish prediction - [Chainlink Labs enters into a strategic collaboration with Cointelegraph Accelerator to support Web3 startups](https://www.ltc-tv.com/blockchain/chainlink-labs-enters-into-a-strategic-collaboration-with-cointelegraph-accelerator-to-support-web3-startups/) - Cointelegraph Accelerator is excited to announce a strategic collaboration with Chainlink Labs, the primary contributing developer of the industry-standard decentralized computing platform Chainlink. This collaboration will align the Cointelegraph Accelerator and Chainlink BUILD programs, helping drive innovation and accelerate the growth of next-gen Web3 projects.Cointelegraph Accelerator and Chainlink Labs join to empower Web3 innovationThe Cointelegraph - [Jack Dorsey's Block Inc. launches self-custody Bitcoin wallet](https://www.ltc-tv.com/blockchain/jack-dorseys-block-inc-launches-self-custody-bitcoin-wallet/) - Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin (BTC) wallet.Dubbed "Bitkey," developers said during the Dec. 7 announcement that the wallet, available as a mobile app or hardware storage, will be accessible in over 95 countries. Bitkey will feature a two-of-three multi-signature wallet consisting of a mobile key, a hardware - [Binance CEO Disputes JPMorgan Chief's Critique Of Crypto](https://www.ltc-tv.com/crypto-news/binance-ceo-disputes-jpmorgan-chiefs-critique-of-crypto/) - Richard Teng, the Chief Executive Officer (CEO) of the world’s largest crypto exchange Binance challenged JPMorgan Chase’s CEO Jamie Dimon’s stance on cryptocurrencies. Binance CEO Disagrees With Jamie Dimon The Binance CEO recently defended cryptocurrencies by opposing the anti-crypto narrative promoted by the JPMorgan CEO in a hearing held on Wednesday. Teng took to X - [Tether (USDT) Cap Approaches $90 Billion: Why This Affects Bitcoin](https://www.ltc-tv.com/crypto-news/tether-usdt-cap-approaches-90-billion-why-this-affects-bitcoin/) - Data shows that the Tether (USDT) market cap is almost $90 billion. Here’s why this growth could matter for the price of Bitcoin. Tether Market Cap Has Continued To Observe A Rise Recently Tether is a cryptocurrency pegged to the US Dollar, meaning its price remains stable around the $1 mark. The asset is the - [Lawmakers’ fear and doubt drives proposed crypto regulations in US – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/lawmakers-fear-and-doubt-drives-proposed-crypto-regulations-in-us-cointelegraph-magazine/) - The legislation would add several types of cryptocurrency providers to U.S. regulators’ list of financial institutions. These include unhosted wallet providers, digital asset miners and validators or other nodes that validate third-party transactions, miner extractable value searchers, other validators or network participants with control over network protocols, or just about anyone else who facilitates or - [Hashkey exchange to onboard market makers to boost liquidity](https://www.ltc-tv.com/blockchain/hashkey-exchange-to-onboard-market-makers-to-boost-liquidity/) - Hashkey, one of the first crypto exchanges to be licensed in Hong Kong, will soon allow individual and enterprise market makers to provide liquidity on the exchange.According to the Dec. 5 announcement, individuals and entities can apply to be a market maker on Hashkey provided that they trade at least $5 million worth of cryptocurrencies - [Expert Spotlights Potential $25,000 Liquidity Sweep](https://www.ltc-tv.com/crypto-news/expert-spotlights-potential-25000-liquidity-sweep/) - Bitcoin (BTC), the world’s leading cryptocurrency, has recently witnessed a surge in price, reaching a new yearly high of $42,100 on Monday. However, this significant price increase has raised concerns among market participants about the possibility of a potential correction and a subsequent liquidation sweep, which could drive the price down to as low as $25,000. - [How Bitcoin Whales Influenced The Surge To $40,000](https://www.ltc-tv.com/crypto-news/how-bitcoin-whales-influenced-the-surge-to-40000/) - Bitcoin and the crypto market continue to smash critical resistance levels and hit new yearly highs. The cryptocurrency stands closer to the $50,000 area as 2023 ends, and two major bullish catalyzers stand on the horizon. As of this writing, Bitcoin (BTC) trades at $41,800 with a 6% profit in the last 24 hours. In - [El Salvador’s Bitcoin portfolio swings to profit](https://www.ltc-tv.com/blockchain/el-salvadors-bitcoin-portfolio-swings-to-profit/) - According to a Dec. 4 post by Salvadoran President Nayib Bukele, the country’s cumulative Bitcoin (BTC) investments currently amount to $131 million with a net profit of $3.6 million, for a total gain of 2.84%.“Of course, we have no intention of selling; that has never been our objective,” said Bukele. “We are fully aware that - [When Is The Next Crypto Bull Run?](https://www.ltc-tv.com/crypto-news/when-is-the-next-crypto-bull-run/) - The next crypto bull run, a highly anticipated event in the financial world, promises significant gains for investors according to many analysts and experts. This guide explores the dynamics of such crypto bull runs, their historical impact, and the potential triggers that could ignite the next bullrun. With a focus on Bitcoin’s influential role and - [UAE’s regulatory structure draws crypto firms, Canaan’s revenue slumps, and more](https://www.ltc-tv.com/blockchain/uaes-regulatory-structure-draws-crypto-firms-canaans-revenue-slumps-and-more/) - Behind the wave of companies moving or deploying initiatives in the UAE is regulation. The country has introduced regulatory frameworks for decentralized autonomous organizations (DAOs), virtual asset providers, metaverses and other Web3-related entities. By offering regulatory clarity and a clear path to compliance — amid a crackdown in the United States — the UAE is - [Bitcoin Miner Revenue Sees 6-Month Crash, Whats Going On?](https://www.ltc-tv.com/crypto-news/bitcoin-miner-revenue-sees-6-month-crash-whats-going-on/) - Despite Bitcoin being up over 100% year-to-date (YTD), a recent report shows that this hasn’t necessarily translated to profits for the network’s miners. Instead, these miners seem to be experiencing a downturn in their revenue even as the Bitcoin Halving looms. Bitcoin Miners’ Revenue Down By Over 30% According to a report by BanklessTimes, the - [KyberSwap announces treasury grants for hack victims](https://www.ltc-tv.com/blockchain/kyberswap-announces-treasury-grants-for-hack-victims/) - KyberSwap intends to provide financial assistance to users affected by a significant exploit on Nov. 22, which led to a $48.8 million loss for the decentralized finance protocol. To address this, KyberSwap is establishing a grant initiative from its treasury to offer compensation to those adversely affected by the event.The grant is designed to ease - [Shibarium Transactions Sees 4,400% Explosion, Time For SHIB And BONE ATH?](https://www.ltc-tv.com/crypto-news/shibarium-transactions-sees-4400-explosion-time-for-shib-and-bone-ath/) - Shibarium has crossed a new milestone in the space of a few days. The layer-2 solution built for Shiba Inu’s ecosystem just saw transactions spike an astounding 4,400%, registering 748,230 transactions in the past 24 hours. Numbers like this demonstrate the sheer adoption rate of Shibarium, and investors are left wondering if high valuations for - [Crypto-based AI markets, and AI financial analysis – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/crypto-based-ai-markets-and-ai-financial-analysis-cointelegraph-magazine/) - We’re rolling out genuine use cases for AI and crypto each day this week — including reasons why you shouldn’t necessarily believe the hype. Today get two for the price of one: Blockchain based AI marketplaces, and financial analysis.It may not seem like the most exciting use case blending AI and crypto, but both Near - [Karlsen Network (KLS) is an ASIC-resistant Fork of KASPA (KAS)](https://www.ltc-tv.com/mining-news/karlsen-network-kls-is-an-asic-resistant-fork-of-kaspa-kas/) - 30 Nov 2023 Karlsen Network and the Karlsen Coin (KLS) is a new project that is forked from Kaspa (KAS) with a a modified Proof of Work algorithm called KarlsenHash that prevents KAS ASICs to mine the coin. The project is still new and early and not much information is available, so you should treat - [Capital flight from Binance subsidies: Report](https://www.ltc-tv.com/blockchain/capital-flight-from-binance-subsidies-report/) - It appears that withdrawals from crypto exchange Binance have largely subsided after its $4.3 billion settlement with the U.S. Department of Justice last week. Data from blockchain analytics firm Nansen shows that Binance witnessed a net inflow of $87.4 million in Ethereum token deposits in the past seven days. Meanwhile, the net withdrawal of multi-chain tokens, - [Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues](https://www.ltc-tv.com/crypto-news/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues/) - The Bitcoin price has been steadily moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure and what could trigger an extension in the bullish momentum. As of this writing, Bitcoin (BTC) trades at $37,900 with a 1% loss in the last 24 hours. Over - [SoFi Technologies to cease crypto services by Dec. 19](https://www.ltc-tv.com/blockchain/sofi-technologies-to-cease-crypto-services-by-dec-19/) - United States personal finance company SoFi Technologies will end crypto trading services for its users by Dec. 19.According to the Nov. 29 announcement, new crypto account openings on SoFi are suspended immediately. All existing SoFi crypto users must either migrate their accounts to Blockchain.com or close them. In addition, customers residing in Hawaii, Louisiana, New - [Is $20 On The Cards? LINK Price Rides High With Staking Update](https://www.ltc-tv.com/crypto-news/is-20-on-the-cards-link-price-rides-high-with-staking-update/) - Chainlink, a widely used distributed computing platform, has recently introduced an upgrade to its staking capabilities. Known as Staking v0.2, this new version adds an extra layer of security to the network and stands as a key component of Chainlink’s Economic 2.0 strategy. The anticipated duration for the migration of the protocol for the current - [Canaan secures new financing as revenue falls 55% in Q3](https://www.ltc-tv.com/blockchain/canaan-secures-new-financing-as-revenue-falls-55-in-q3/) - Bitcoin (BTC) miner Canaan is seeking new capital amid a slump in its revenue and bottom line.According to its Q3 2023 earnings report released on Nov. 28, the company seeks to sell $148 million in equity through an at-the-market offering. The day before, Canaan announced that it had reached an agreement with an undisclosed institutional - [Shiba Inu Burn Rate Skyrockets Close To 500,000% in 24 Hours](https://www.ltc-tv.com/crypto-news/shiba-inu-burn-rate-skyrockets-close-to-500000-in-24-hours/) - Shiba Inu (SHIB), an Ethereum-based altcoin has recently garnered the attention of the cryptocurrency community and investors as the token’s burn rate experienced a massive surge. Shiba Inu Burn Rate Increases Significant The Shiba Inu burn rate recently increased significantly by 499,416% in a 24-hour period between Sunday and Monday. Data from Shibburn – the platform - [FutureBit Apollo II is More than Just a Bitcoin ASIC Miner for Home Users](https://www.ltc-tv.com/mining-news/futurebit-apollo-ii-is-more-than-just-a-bitcoin-asic-miner-for-home-users/) - 27 Nov 2023 The new FutureBit Apollo II has been officially announced and it is going to be available in three different versions with shipping starting in Q1 next year (2024) with preorders expected to be available from December 8th. We are not sure how to talk about this device as it is more than - [Cosmos Co-Founder's Proposal Triggers 11% Plunge In ATOM](https://www.ltc-tv.com/crypto-news/cosmos-co-founders-proposal-triggers-11-plunge-in-atom/) - In a bold move, Cosmos co-founder Jae Kwon has called for a significant shift in the blockchain’s direction following the controversial passing of NWV #848. This proposal was approved by the community’s voting mechanism, earning around 40% of the votes, and it was aimed at changing the blockchain’s native token inflation rate. Kwon, expressing his - [Crypto exchange grace period to remain unchanged in Hong Kong despite scandals](https://www.ltc-tv.com/blockchain/crypto-exchange-grace-period-to-remain-unchanged-in-hong-kong-despite-scandals/) - A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals.According to local news reports on Nov. 27, Julia Leung, CEO of Hong Kong’s Securities and Futures Commission, stated, “Even if the grace period ends tomorrow, fraud will still occur, so there is no intention to modify the - [Whales Move $30 Million Worth Of XRP To Exchanges](https://www.ltc-tv.com/crypto-news/whales-move-30-million-worth-of-xrp-to-exchanges/) - XRP could witness a massive selloff in the coming days, as shown by on-chain transfer data. According to transaction alerts from crypto whale tracker Whale Alerts, two whale-sized transactions involving XRP have recently made their way onto cryptocurrency exchanges Bitso and Bitstamp, prompting investors to ponder the reasons behind the transactions and speculate on possible - [Cosmos Hub greenlights ATOM inflation cut for security boost](https://www.ltc-tv.com/blockchain/cosmos-hub-greenlights-atom-inflation-cut-for-security-boost/) - The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (ATOM), from 14% to 10%.According to the proposal, the authorized modification would reduce ATOM’s annualized staking yield from around 19% to approximately 13.4%. The Cosmos Hub is the primary blockchain within the Cosmos network, a - [VESA at Cypher Capital](https://www.ltc-tv.com/crypto-news/vesa-at-cypher-capital/) - Hi fam, Today we’re celebrating a union that took place recently when VESA travelled to Dubai for a month of meetings, partnership calls, keynotes, and conferences. A juicy sized catalogue of VESA works moved into the Cypher Capital Hub in October and this time, we want to celebrate this incredible handshake and share the - [Decentralized file sharing, explained](https://www.ltc-tv.com/blockchain/decentralized-file-sharing-explained/) - The importance of decentralization in file sharing Decentralized file sharing revolutionizes data access by eliminating dependence on centralized servers and utilizing P2P technology to distribute files across a network of nodes.Distributing and accessing data without depending on a centralized server is possible with decentralized file sharing. Rather, files are kept on a network of linked - [Analyst Predicts 10000% Surge Above $5.2](https://www.ltc-tv.com/crypto-news/analyst-predicts-10000-surge-above-5-2/) - LooksRare first burst into the scene as one of the first NFT marketplaces to carry a vampire attack on OpenSea and it was rewarded heavily as its LOOKS token enjoyed great success. Just like the rest of the crypto market, the LOOKS has since succumbed to the bearish headwinds, losing over 98% of its bull - [Blockchain devs expect complications from EU smart contract kill switch](https://www.ltc-tv.com/blockchain/blockchain-devs-expect-complications-from-eu-smart-contract-kill-switch/) - The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a smart contract to have a “kill switch.”In a Nov. 9 press release, the parliament announced that the legislation was - [FTX’s FTT Token Leads Market Gains With 55% Rally, What’s Driving It?](https://www.ltc-tv.com/crypto-news/ftxs-ftt-token-leads-market-gains-with-55-rally-whats-driving-it/) - The utility token of the defunct crypto exchange FTX, FTT is one of the top gainers in the last few days, rising 55% in just 48 hours alone. This has led to speculations as to what may be driving the token’s rally. One of them relates to a recent event in the crypto industry. FTT - [HTX to restore services 'within 24 hours' after $13.6M hack](https://www.ltc-tv.com/blockchain/htx-to-restore-services-within-24-hours-after-13-6m-hack/) - Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.According to its official announcement, the exchange promised to "fully compensate for the losses caused by this attack and 100% guarantee the safety of user funds." In addition, developers wrote, "the amount of - [Panic At Binance Following CZ's Departure? Analyzing 24-Hour Inflow and Outflow Trends](https://www.ltc-tv.com/crypto-news/panic-at-binance-following-czs-departure-analyzing-24-hour-inflow-and-outflow-trends/) - A new era for the crypto industry approaches as the world’s largest exchange, Binance, changes leadership. Yesterday, the company’s founder and CEO, Changpeng “CZ” Zhao, stepped down as part of an agreement with the US government. The deal might have sparked a new era of adoption and legitimacy for the nascent industry at the cost - [Substance abuse grows among crypto traders – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/substance-abuse-grows-among-crypto-traders-cointelegraph-magazine/) - New York Magazine subsequently reported that a successful trader who met with Ellison commented about her use of stimulants and their overall effects on members of the community. “Crypto really fucked with a lot of people’s perceptions of money. A lot of stuff doesn’t feel real. And if you add speed …” Prior to that, - [Using Motorola Moto G Power (2021) and Moto G Pure (2021) for VRSC Mining](https://www.ltc-tv.com/mining-news/using-motorola-moto-g-power-2021-and-moto-g-pure-2021-for-vrsc-mining/) - 21 Nov 2023 With Black Friday and Cyber Monday deals right around the corner or already here you could be in for a good deal on Smartphones that can be used for mining VerusCoin (VRSC), so do look for sweet deals on Samsung Galaxy A03s as a popular option, that one can get you around - [Circle launches 'bridged USDC standard' for deploying to new networks](https://www.ltc-tv.com/blockchain/circle-launches-bridged-usdc-standard-for-deploying-to-new-networks/) - Circle has launched a new standard to streamline the process of launching its stablecoin, USDC, on new networks, according to a Nov. 21 blog post. The new “bridged USDC standard” allows developers to launch the token through a two-phase process. In the first phase, the third-party developer has control of the token contracts, and the token - [Analyst Sets $30,000 Floor For Bitcoin, But Can We Forget 2021's Misfire?](https://www.ltc-tv.com/crypto-news/analyst-sets-30000-floor-for-bitcoin-but-can-we-forget-2021s-misfire/) - The price of Bitcoin presses on towards the upside and, once again, touched a critical resistance close to $38,000. The cryptocurrency could trend sideways at its current levels in the short term, leading analysts to find the support level that could withstand a spike in selling pressure. As of this writing, Bitcoin trades at $37,160 - [Bloomberg Intelligence Envisions $100 Billion Market If Regulatory Approval Granted](https://www.ltc-tv.com/crypto-news/bloomberg-intelligence-envisions-100-billion-market-if-regulatory-approval-granted/) - As Bitcoin (BTC) continues its upward trajectory toward $38,000, the long-awaited arrival of a US spot Bitcoin exchange-traded fund (ETF) could open the floodgates of digital currency investing for institutional and retail investors. Notably, Bloomberg Intelligence estimates that the potential spot Bitcoin ETF market could reach a staggering $100 billion, signaling a breakthrough for cryptocurrencies - [Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report](https://www.ltc-tv.com/blockchain/crypto-exchange-bullish-buys-100-stake-in-crypto-media-site-coindesk-report/) - Crypto media platform CoinDesk has been acquired by crypto exchange Bullish for an undisclosed sum, according to a report published in The Wall Street Journal (WSJ) on Nov. 20.The crypto exchange is headed by former New York Stock Exchange president Tom Farley. The media platform said that former Wall Street Journal editor-in-chief Matt Murray will chair an - [Crypto Analyst Predicts XRP Price Will Reach $1.35](https://www.ltc-tv.com/crypto-news/crypto-analyst-predicts-xrp-price-will-reach-1-35/) - XRP has experienced a small decline in value over the past few days, coinciding with a period of consolidation in the broader cryptocurrency market after four weeks of consecutive price increases. Although data from CoinMarketCap at the time of writing puts XRP being up by 1.78% in the past 24 hours, a larger seven-day timeframe - [Hodler’s Digest, Nov. 12-18 – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/hodlers-digest-nov-12-18-cointelegraph-magazine/) - Top Stories This Week Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO ChatGPT developer OpenAI removed founder Sam Altman from his CEO position on Nov. 17. Chief technology officer Mira Murati is now serving as interim CEO. According to a blog post, the board of directors engaged in a “deliberative review process,” - [Failed Bearish Signal Could Send Bitcoin To $85K Next Month](https://www.ltc-tv.com/crypto-news/failed-bearish-signal-could-send-bitcoin-to-85k-next-month/) - Bitcoin recently gave a bearish signal, which ultimately failed to produce a meaningful pullback. Due to the technical failure, historical data suggests that in only a matter of a month BTCUSD could set a new all-time high and reach a target of $85K per coin. Here’s why. Why Failed Bearish Technicals Produce Bullish Breakouts In - [Former Bithumb chair faces 8-year imprisonment](https://www.ltc-tv.com/blockchain/former-bithumb-chair-faces-8-year-imprisonment/) - Lee Jeong-hoon, the former chair of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a legal battle and might face an eight-year prison sentence, with a verdict scheduled for Jan. 18, 2024.According to Korean local media reports, prosecutors contend that Lee intended to revamp Bithumb’s governance to gain from exchange - [ENS developers urge Unstoppable Domains to drop patents or face lawsuit](https://www.ltc-tv.com/blockchain/ens-developers-urge-unstoppable-domains-to-drop-patents-or-face-lawsuit/) - Founder and lead developer of Ethereum Name Service (ENS) Nick Johnson is urging blockchain domains company Unstoppable Domains to drop a recently awarded patent or face a lawsuit, according to an open letter shared on X (formerly Twitter). In January, Unstoppable Domains was granted its first patent, US11558344, which claims that Braden River Pezeshki, Matthew Everett - [Bitcoin HODLers Grows As Significant Supply Remains Locked](https://www.ltc-tv.com/crypto-news/bitcoin-hodlers-grows-as-significant-supply-remains-locked/) - Despite a larger portion of Bitcoin’s total supply being “inactive” for over a year, recent data revealed impressive growth in investors holding on to their BTCs during the rally. Bitcoin HODLing Yawns For Growth With Lesser Supply On Wednesday, November 15, a crypto analyst known as Root took to his official X (formerly Twitter) handle - [Bitcoin Bulls Are Back! Latest Signal Confirms Bullish Trend is Brewing](https://www.ltc-tv.com/crypto-news/bitcoin-bulls-are-back-latest-signal-confirms-bullish-trend-is-brewing/) - Those burned by the last big Bitcoin bull run are rightfully skeptical that another one is here so soon. However, a trend strength indicator is now confirming the existence of a new bullish trend emerging. Are bulls finally back in control over crypto? Sidelined investors and traders will want to pay attention. How Technicals Could - [Boosting blockchain adoption by keeping tech on the back end](https://www.ltc-tv.com/blockchain/boosting-blockchain-adoption-by-keeping-tech-on-the-back-end/) - Understanding the difference between the front and back end is crucial with Web3 technology. The term “front end” describes the portion of Web3 applications that consumers interact with directly. This includes the technology’s user-facing side, websites and decentralized applications (DApps). The back end, on the other hand, refers to the complex system that supports these Web3 - [Price Bounces Back Signaling Upward Trend](https://www.ltc-tv.com/crypto-news/price-bounces-back-signaling-upward-trend/) - XRP experienced a significant decline over the past week due to unprecedented market whirlwinds. However, the crypto asset has regained bullish momentum from this dip, signaling an upward trajectory. XRP Experiences Rebound After Plunge XRP daily chart has shown resiliency recently, pulling off a noteworthy rebound following a drop that unnerved traders and investors. The - [Dodging guards with inner-tubes, decoys and diplomats – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/dodging-guards-with-inner-tubes-decoys-and-diplomats-cointelegraph-magazine/) - As we stand by the Hungarian border crossing, waiting to go in, I chat with the head ambassador of Polkadot, David Pethes. He notes that Liberland’s governance token, the LLM, already has 19 live validators, and the website explains the requirements: “Only Liberland citizens can run validators, adding an extra layer of security against bad - [Celestia Who? Lesser-Known Coin Explodes With 126% Price Gain](https://www.ltc-tv.com/crypto-news/celestia-who-lesser-known-coin-explodes-with-126-price-gain/) - Celestia (TIA) has hit an all-time high, making waves in the world of cryptocurrency. It’s the first-ever modular blockchain network, which basically means it’s a new kind of technology that’s changing how blockchains are created and used. At the time of writing, TIA was trading at $5.25, and registering an impressive 126% increase in the - [I spent a week working in VR. It was mostly terrible, however… – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/i-spent-a-week-working-in-vr-it-was-mostly-terrible-however-cointelegraph-magazine/) - I just spent an entire week working in virtual reality using the new Meta Quest 3. While the experience still mostly sucked, I came away with some renewed optimism for VR in the workplace.As I took Ron’s outstretched, virtual hand for a handshake, my actual hand — in the real world — clumsily whacked into - [Crypto Analyst Says One Day Left Until XRP Price Blast-Off, What To Expect](https://www.ltc-tv.com/crypto-news/crypto-analyst-says-one-day-left-until-xrp-price-blast-off-what-to-expect/) - The XRP price has had a mixed flow this month in terms of price action. The crypto surged by 25% in the first week of November to cross over $0.73, marking the first cross over this price point since June. However, XRP has since lost some of these gains. The crypto is now trading at - [Binance Blockchain Week showcases Turkish crypto industry](https://www.ltc-tv.com/blockchain/binance-blockchain-week-showcases-turkish-crypto-industry/) - Binance Blockchain Week Istanbul 2023 saw global crypto exchange Binance bringing its flagship event to Turkey on Nov. 8–9, where business is conducted in the Turkish lira — a top trading pair on its platform. While Binance CEO Changpeng “CZ” Zhao was absent from the event, the Binance c-suite, along with key executives from a full - [Will Bitcoin Hit $100,000 By 2024? Spotlight On Potential Drivers](https://www.ltc-tv.com/crypto-news/will-bitcoin-hit-100000-by-2024-spotlight-on-potential-drivers/) - In addition to the widespread attention and media coverage, there exist many elements and forces that have the potential to significantly influence the trajectory of Bitcoin. In the face of the dynamic landscape of cryptocurrencies, as the year 2023 draws to a close, there exists a climate of conjecture, optimism, and tangible eagerness. Bitcoin, the - [Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina](https://www.ltc-tv.com/blockchain/bitcoiners-pitch-draft-bill-to-preserve-blockchain-decentralization-in-argentina/) - Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust.The proposed legal framework was pitched by Bitcoin Argentina's president Ricardo Mihura at LABITCONF 2023 in Argentina’s capital, Buenos Aires on Nov. 10. Bitcoin Argentina previously dismissed the idea that the industry - [Why the service industry needs blockchain, explained](https://www.ltc-tv.com/blockchain/why-the-service-industry-needs-blockchain-explained/) - The need for blockchain technology in the service industry Blockchain technology has the potential to completely transform the services sector by improving efficiency, security and transparency. Blockchain technology reduces the risk of fraud and errors in industries, including supply chain management, healthcare, and media and entertainment, by ensuring tamper-proof record-keeping through decentralized ledgers. Blockchain-based smart contracts, or - [Kaspa Rules The Weekend Top 100 Coin Roster With 63% Rally](https://www.ltc-tv.com/crypto-news/kaspa-rules-the-weekend-top-100-coin-roster-with-63-rally/) - Kaspa (KAS) has emerged as a notable altcoin, drawing considerable interest from investors. Notably, the cryptocurrency has achieved its all-time high, experiencing an impressive 66% increase over the previous week. Examining the monthly performance charts reveals an even more substantial upward trajectory, with KAS exhibiting a remarkable surge of over 90%. Zooming out to a - [2 GH/s PCI-E Lokotech Hashblade Scrypt ASICs Now Up for Pre-Order](https://www.ltc-tv.com/mining-news/2-gh-s-pci-e-lokotech-hashblade-scrypt-asics-now-up-for-pre-order/) - 10 Nov 2023 The next generation of Scrypt mining performance and efficiency comes from Lokotech, a Norwegian company, that has opened pre-orders for their Lokotech Hashblade Scrypt ASIC boards offering about 2 GH/s mining hashrate at just 145 Watts of power (about 0.0726 J/MH) and the mining boards come in the form of PCI-E cards. - [Justin Sun's Move Against Poloniex Attackers](https://www.ltc-tv.com/crypto-news/justin-suns-move-against-poloniex-attackers/) - Crypto exchange platform Poloniex was attacked by a bad actor, losing over $60 million of its customer’s funds. The Justin Sun led the exchange and launched an investigation, which remains ongoing, to determine the identity of the attackers. Poloniex Makes Offering To Attackers The crypto analytics platform Nansen data indicates that over $68 million in - [Web3 Gamer – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/web3-gamer-cointelegraph-magazine/) - Animoca has a promising library of Web3 games under its umbrella, which means it already has the content necessary to develop the game streaming experience. Now, combined with Azarus’ tech, Web3 gamers can build a much more vivid community by banding together around their favorite games. The acquisition can also pave the way for Web3 - [Polygon (MATIC) Jumps Another 6% As Whales Show High Activity](https://www.ltc-tv.com/crypto-news/polygon-matic-jumps-another-6-as-whales-show-high-activity/) - Polygon has continued its recent bullish momentum in the past day, jumping a further 6%, as on-chain data shows the whales are highly active currently. Polygon Is Now Up More Than 21% In The Past Week The past month has been a great time for Polygon investors as the cryptocurrency has observed a substantial uplift. - [AI Eye – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/ai-eye-cointelegraph-magazine-2/) - AI Arena AI Eye chatted with Framework Venture’s Vance Spencer recently and he raved about the possibilities offered by an upcoming game his fund invested in called AI Arena in which players train AI models how to battle each other in an arena.Framework Ventures was an early investor in Chainlink and Synthetix and three years - [Shiba Inu Price Eyes Key Resistance, Poised For November Surge](https://www.ltc-tv.com/crypto-news/shiba-inu-price-eyes-key-resistance-poised-for-november-surge/) - As November unfolds, the Shiba Inu price action hangs in the balance, with technical analysis revealing a battleground of resistance and support levels that could determine the direction of the meme coin in the coming weeks. However, the bullish indicators are currently strong and could point to a continuation of the rally in the short - [2 years after John McAfee’s death, widow Janice is broke and needs answers – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/2-years-after-john-mcafees-death-widow-janice-is-broke-and-needs-answers-cointelegraph-magazine/) - What happened to John McAfee’s $100-million fortune? Although John was worth more than $100 million after he resigned from antivirus company McAfee in 1994 and sold his stock, his official fortune had dwindled to an estimated $4 million at the time of his death, according to Celebrity Net Worth. He claimed in 2019 that he - [9 tips for a food business considering blockchain for its supply chain](https://www.ltc-tv.com/blockchain/9-tips-for-a-food-business-considering-blockchain-for-its-supply-chain/) - Supply chain management has become a complicated issue for many industries in recent years — none more so than food and agriculture. When you’re in the business of ensuring essential, but perishable, goods get to where they’re supposed to go in a reliable and timely fashion — and are of the quality consumers deserve and - [Bitcoin May Be Headed Towards 20%+ Decline Based On This Pattern](https://www.ltc-tv.com/crypto-news/bitcoin-may-be-headed-towards-20-decline-based-on-this-pattern/) - Bitcoin could see a decline of at least 20% in the near future, if the historical pattern of this indicator is anything to go by. Aggregated Open Interest Of Assets Except Bitcoin Is Forming A Bearish Pattern In a new post on X, CryptoQuant Netherlands community manager Maartunn has talked about a bearish pattern forming - [XRP Hits Critical Level - Should Traders Brace For Impact?](https://www.ltc-tv.com/crypto-news/xrp-hits-critical-level-should-traders-brace-for-impact/) - XRP, the popular cryptocurrency, has been making significant strides in recent trading hours. Investors and traders have witnessed remarkable gains, with the hourly chart indicating a bullish trend despite a sharp rise. As the price of XRP hovers around $0.696533, CoinGecko reports an impressive 8.9% increase in the past 24 hours, marking a seven-day rally - [Yuga Labs addresses ApeFest ‘vision damage’ issue, community calls out poor management](https://www.ltc-tv.com/blockchain/yuga-labs-addresses-apefest-vision-damage-issue-community-calls-out-poor-management/) - Several attendees of Yuga Labs’ ApeFest event on Nov. 4 in Hong Kong reported eye-related issues, including burns, damaged vision and “extreme pain” in their eyes.Yuga Labs’ official X (formerly Twitter) account has now addressed the issue, claiming it is aware of the reports of potential eye-related issues among attendees and is investigating the cause - [This “Smart” Whale Buys ETH Again, Could There Be An Incoming Price Surge?](https://www.ltc-tv.com/crypto-news/this-smart-whale-buys-eth-again-could-there-be-an-incoming-price-surge/) - In the last week, Ethereum (ETH) has attracted many investors’ attention as it gradually approaches the $1900 price region. Similar to many assets riding on the Bitcoin-fueled market rally, ETH, also known as Ether, is up by 5.85% in the last seven days, bringing its total price increase in the last four weeks to 15.17%. Interestingly, - [MC2 Finance joins Cointelegraph Accelerator](https://www.ltc-tv.com/blockchain/mc2-finance-joins-cointelegraph-accelerator/) - Decentralized finance (DeFi) might hold immense potential to solve the problems faced by traditional finance (TradFi). However, DeFi still struggles with onboarding new users -both retail and institutional- due to its limitations on the user experience side. Despite all the innovation and development happening on the infrastructure level, the “DeFi revolution” is presented to users with - [Why This Fidelity Investments Director Believes Bitcoin Is ‘Exponential Gold’](https://www.ltc-tv.com/crypto-news/why-this-fidelity-investments-director-believes-bitcoin-is-exponential-gold/) - The Director of Global Macro at Fidelity Investments, Jurrien Timmer, recently provided insights into the potential of the flagship cryptocurrency, Bitcoin, and went as far as labeling the crypto token as “exponential gold.” A Glance At Bitcoin’s Adoption Curve In a post released on his X (formerly Twitter) platform, Timmer mentioned that Bitcoin’s scarcity and - [Can Dogecoin Rally 135%? Here's What Needs To Happen](https://www.ltc-tv.com/crypto-news/can-dogecoin-rally-135-heres-what-needs-to-happen/) - In a recent analysis, crypto analyst Rekt Capital has pinpointed the signs of a potential breakout in the Dogecoin (DOGE) price, which could pave the way for a significant price rally. However, several factors must come together for this scenario to unfold. Dogecoin Price Ready For A Breakout? Rekt Capital has shared the following 1-week - [Boba Guys, Shopify users showcase adoption of Web3 tools — Solana Breakpoint](https://www.ltc-tv.com/blockchain/boba-guys-shopify-users-showcase-adoption-of-web3-tools-solana-breakpoint/) - Web3 tools powered by layer-1 blockchain Solana are driving tangible returns and delivering deep customer data insights, according to prominent mainstream brands and companies that attended Solana Breakpoint.The four-day conference in Amsterdam attracted a wide variety of businesses and projects from Web2, Web3 and traditional backgrounds. A prominent takeaway was the adoption of Solana-based tools - [FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts](https://www.ltc-tv.com/blockchain/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts/) - The current claim pricing of FTX has reached a maximum of 57%, according to data from Claims Market. The increase in FTX’s claim pricing is attributed to the valuation of artificial intelligence (AI) companies that the now-bankrupt crypto exchange previously invested in. Creditors stake their claims to try to recoup some of their investment when businesses - [Over 40% Increase in the Cards?](https://www.ltc-tv.com/crypto-news/over-40-increase-in-the-cards/) - Cardano (ADA) has undoubtedly claimed its spot as one of the frontrunners among the multitude of altcoins. The digital asset, known for its innovative approach to blockchain technology, has witnessed remarkable gains in recent days, leaving both crypto enthusiasts and investors curious about the trajectory it will follow in the coming weeks. The question that - [‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/top-10-brings-no-satisfaction-says-polygons-sandeep-nailwal-cointelegraph-magazine/) - The existing PoS blockchain will become a Validium, which is one approach to dealing with the data availability problem of how to affordably store stuff on Ethereum. The roadmap will also see MATIC tokens upgraded to a new token called POL (short for Polygon) and introduce the controversial concept of restaking, which enables token stakers - [Bitcoin Whales Ramp Up Selling, BTC To Decline Below $32,000?](https://www.ltc-tv.com/crypto-news/bitcoin-whales-ramp-up-selling-btc-to-decline-below-32000/) - On-chain data shows the Bitcoin whales have potentially ramped up their selling recently, something that could lead to a drawdown for the asset. Bitcoin Exchange Whale Ratio Has Spiked Recently As explained by an analyst in a CryptoQuant Quicktake post, the price of Bitcoin could correct towards the $31,000 to $32,000 range from the current - [Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/cryptos-pro-rioter-glitch-artist-stirs-controversy-patrick-amadon-nft-creator-cointelegraph-magazine/) - Notable sales to date Amadon’s first Ethereum mint was ZoFo and his inaugural mint on Tezos was RGB Glitch 2013. Notable sales include: Rapid-fire Q&A Influences “I really like Edward Snowden and Banksy. Aesthetically, I grew up with all the abstract artists so that’s how I first got into making art. I really like texture - [Can PEPE Build On Its 60% Rise? Here's What On-Chain Data Says](https://www.ltc-tv.com/crypto-news/can-pepe-build-on-its-60-rise-heres-what-on-chain-data-says/) - PEPE has observed an impressive 60% rally recently. Here’s what on-chain data says regarding whether this rise can continue. PEPE Has Seen Some On-Chain Metrics Light Up Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed how PEPE is looking in terms of its on-chain indicators currently. The first metric - [SBF says spending FTX customers’ money was part of ‘risk management’: Report](https://www.ltc-tv.com/blockchain/sbf-says-spending-ftx-customers-money-was-part-of-risk-management-report/) - Sam “SBF” Bankman-Fried, the founder of cryptocurrency exchange FTX, claims that spending clients’ fiat deposits was just part of “risk management” for his intertwined crypto hedge fund Alameda Research.During the former crypto executive’s court testimony on Oct. 31, prosecutor Danielle Sassoon of the Southern District of New York asked SBF if he believed that it - [Using the Motorola Moto G Stylus (2021) Smartphone for Mining VerusCoin (VRSC)](https://www.ltc-tv.com/mining-news/using-the-motorola-moto-g-stylus-2021-smartphone-for-mining-veruscoin-vrsc/) - 30 Oct 2023 A quick look at the possible use of the Motorola Moto G Stylus (2021) smartphone for mining VerusCoin (VRSC) because of the great offer currently running on Amazon for Tracfone Motorola moto g Stylus (2020), 128GB, Gray – Prepaid Smartphone (Locked) available for just $49.99 USD. Do note that although the product - [What's Behind The Double-Digit Surge?](https://www.ltc-tv.com/crypto-news/whats-behind-the-double-digit-surge/) - Artificial Intelligence crypto coins have recently experienced a significant surge in the market, drawing the attention of investors and enthusiasts alike. The sudden upward trajectory of these digital assets has raised questions about the underlying factors driving this extraordinary momentum. While the domain of artificial intelligence (AI) has rapidly expanded in recent times, its intersection - [ZkDay conference and Pitch competition comes to Istanbul on Nov. 13](https://www.ltc-tv.com/blockchain/zkday-conference-and-pitch-competition-comes-to-istanbul-on-nov-13/) - Zero knowledge-proof (ZK-proof) scalability solutions have grown in prominence in the crypto ecosystem in recent years, making way for several ZK-focused conferences and events. A marquee ZK conference dedicated to the growing community will take place on Nov. 13 in Istanbul, Turkey. ZkDay is hosted by zero knowledge layer-1 platform, the Manta Network, Polychain Capital, - [What are open-source protocols, and how do they work?](https://www.ltc-tv.com/blockchain/what-are-open-source-protocols-and-how-do-they-work/) - Understanding open-source protocols Open-source protocols have become a mainstay in the tech world and are gaining traction due to the myriad benefits that they offer over their proprietary counterparts.The protocols are typically created with the intention of being used by the public, enabling anyone to examine, alter and share their code. The benefits of open-source - [FTX And Alameda Addresses Move $80 Million In Crypto Over The Past Week](https://www.ltc-tv.com/crypto-news/ftx-and-alameda-addresses-move-80-million-in-crypto-over-the-past-week/) - According to the latest on-chain data, wallet addresses linked to the now-bankrupt FTX exchange and Alameda Research have transferred substantial amounts in crypto assets over the past week. This series of funds movement was first brought to the limelight by prominent blockchain analytics firm Nansen, who reported that more than $60 million had been moved. - [Solana Price Could Reach $3,211 By 2030, VanEck Forecasts](https://www.ltc-tv.com/crypto-news/solana-price-could-reach-3211-by-2030-vaneck-forecasts/) - SOL, the native token of the Solana blockchain, has been one of the biggest winners in the crypto market lately, delivering another positive price performance over the past week. This impressive price action reflects the increased interest in the altcoin and the recent shift in the climate of the general crypto market. Interestingly, asset management - [Using the Samsung Galaxy A03s Smartphone for VerusCoin (VRSC) Mining](https://www.ltc-tv.com/mining-news/using-the-samsung-galaxy-a03s-smartphone-for-veruscoin-vrsc-mining/) - 28 Oct 2023 One of the most popular and affordable smartphones to get if you are interested in crypto mining VerusCoin (VRSC) is the Samsung Galaxy A03s that is also easier to find and also widely available as a locked phone with some no-contract operators at great prices (you can use it for mining without - [9 protocols criticize LayerZero’s wstETH token, claiming it’s ‘proprietary’](https://www.ltc-tv.com/blockchain/9-protocols-criticize-layerzeros-wsteth-token-claiming-its-proprietary/) - A new bridged token from cross-chain protocol LayerZero is drawing criticism from nine protocols throughout the Ethereum ecosystem. A joint statement from Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer and Router on Oct. 27 called the token’s standard “a vendor-locked proprietary standard,” claiming that it limits the freedom of token issuers.Today, we're announcing a - [XRP Price To Go Parabolic, Here's When](https://www.ltc-tv.com/crypto-news/xrp-price-to-go-parabolic-heres-when/) - On Wednesday, October 25, a prominent cryptocurrency analyst Dark Defender revealed that the price of XRP will go parabolic in the future, highlighting how it is going to happen and when it is expected to happen. Crypto Analyst’s XRP Price Projection The XRP analyst recently took to X (formerly Twitter) to share his predictions and - [Web3 startups kick off Cointelegraph Accelerator second cohort](https://www.ltc-tv.com/blockchain/web3-startups-kick-off-cointelegraph-accelerator-second-cohort/) - Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups.Selected from over 1000 startup applications, the 16 participants of the second cohort of the Cointelegraph Accelerator program represent a wide array of Web3 verticals, including decentralized finance (DeFi), - [This Brand New Meme Coin Just Raised $11 Million In A Firesale With No Roadmap](https://www.ltc-tv.com/crypto-news/this-brand-new-meme-coin-just-raised-11-million-in-a-firesale-with-no-roadmap/) - The cryptocurrency space is indeed full of surprises. Recently, an emerging meme coin called $MEME, which has no roadmap or utility has already raised over $11 million in its ongoing firesale. Memecoin (MEME) Achieves A Major Milestone With Firesale MEME is an Ethereum-based memecoin that operates under the ERC-20 network, with a total supply of - [Gary Gensler teases details of SEC’s $5B take from enforcement actions, shades crypto](https://www.ltc-tv.com/blockchain/gary-gensler-teases-details-of-secs-5b-take-from-enforcement-actions-shades-crypto/) - United States Securities and Exchange Commission (SEC) Chair Gary Gensler’s speech at the 2023 Securities Enforcement Forum shed light on the regulatory body’s enforcement actions amounting to $5 billion in judgments and orders. However, Gensler’s dig at the cryptocurrency market became a talking point for the crypto community on social media when he said: “Don’t get - [MiniBit 1366 and MiniBit 1397 Single-Chip Bitcoin ASIC Home Miners Powered by Bitaxe](https://www.ltc-tv.com/mining-news/minibit-1366-and-minibit-1397-single-chip-bitcoin-asic-home-miners-powered-by-bitaxe/) - 25 Oct 2023 If you are into Bitcoin, mining and DIY projects you’ve probably seen the Bitaxe open source hardware Bitcoin ASIC miner project that is based around a single Bitmain BM1397 ASIC chip capable of a hashrate of up to 400 GH/s with just 15 Watts of power usage and the more recent Bitaxe - [Using Alcatel TCL A3 and TCL A3X Smartphones for VerusCoin (VRSC) Mining](https://www.ltc-tv.com/mining-news/using-alcatel-tcl-a3-and-tcl-a3x-smartphones-for-veruscoin-vrsc-mining/) - 25 Oct 2023 Time for another look at budget smartphones that could be used for crypto currency mining such as VerusCoin (VRSC). We are going to check if the Alcatel TCL A3 and Alcatel TCL A3X smartphones are any good for mining VerusCoin. Both the TCL A3 and TCL A3X are available at a really - [Cardano Founder Debunks Rumors Of Stablecoin Djed's Shutdown](https://www.ltc-tv.com/crypto-news/cardano-founder-debunks-rumors-of-stablecoin-djeds-shutdown/) - In a definitive response to swirling rumors regarding the possible discontinuation of the Djed stablecoin, Charles Hoskinson, founder of Cardano, firmly stated that not only will the project continue, but it will also receive a significant upgrade. “No, we aren’t dropping Djed. We are supercharging the team,” he announced. Cardano Developer IOG Doubles Down On - [Helsinki’s claim to crypto fame – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/helsinkis-claim-to-crypto-fame-cointelegraph-magazine/) - Bittiraha, which translates to “bit money” in Finnish, is another old local crypto company. It was founded circa 2012 and installed the country’s first Bitcoin ATM at the Helsinki railway station in December 2013. The company was also a distributor of Casascius physical Bitcoin and eventually made its own line of “Denarium” wallets. The parent - [Iceriver KAS KS0 PRO ASIC Miner to Replace the KS0 Entry Level Kaspa ASICs](https://www.ltc-tv.com/mining-news/iceriver-kas-ks0-pro-asic-miner-to-replace-the-ks0-entry-level-kaspa-asics/) - 24 Oct 2023 Iceriver, the first Kaspa (KASP) ASIC manufacturer, has announced the upcoming release of the KS0 PRO ASIC miner that is apparently set to replace their current entry level KS0 device. The original Iceriver KS0 miner is no longer listed on the official website, it was capable of 100 GH/s KAS mining hashrate - [All Clear For $40,000? Bitcoin Shows Little On-Chain Resistance Ahead](https://www.ltc-tv.com/crypto-news/all-clear-for-40000-bitcoin-shows-little-on-chain-resistance-ahead/) - Bitcoin might have an easy path toward the $40,000 mark as on-chain data suggests there isn’t much resistance ahead. Bitcoin Levels Ahead Are Thin With Addresses Right Now According to data from the market intelligence platform IntoTheBlock, there isn’t any exceptionally large resistance ahead for BTC. In on-chain analysis, resistance and support levels are defined - [Bitcoin price surge drives BTC-related stocks to new multiweek highs](https://www.ltc-tv.com/blockchain/bitcoin-price-surge-drives-btc-related-stocks-to-new-multiweek-highs/) - Monday’s Bitcoin (BTC) price surge has catapulted Bitcoin-related stocks to new heights, with the likes of Coinbase and MicroStrategy posting new multiweek highs.Bitcoin mining stocks saw significant gains amid BTC price momentum, with United States-listed Riot Blockchain recording an 11.69% surge and Marathon Digital Holdings seeing a 14.6% increase. The upcoming halving event, which will - [Is BLU View 2 a Good Smartphone for Crypto Mining – Unfortunately No](https://www.ltc-tv.com/mining-news/is-blu-view-2-a-good-smartphone-for-crypto-mining-unfortunately-no/) - 23 Oct 2023 If you are looking for a good deal on a smartphone that you can use for crypto mining a coin such as VerusCoin (VRSC) then you might’ve stumbled on a really great looking, price-wise at least, offer for the Total by Verizon BLU View 2, 32GB, Black – Prepaid Smartphone (Locked) for - [Tracking stolen crypto — How blockchain analysis helps recover funds](https://www.ltc-tv.com/blockchain/tracking-stolen-crypto-how-blockchain-analysis-helps-recover-funds/) - Amid the rapid evolution of decentralized finance (DeFi) and the broader Web3 landscape, security is of paramount importance. New threats continue to emerge, making it essential to understand attack patterns for risk assessment and reliability evaluation. In 2023 alone, over $990 million was lost or stolen, according to Cointelegraph’s Crypto Hacks database. This growing demand for - [Why Bitcoin Price Could Double To $60K In A Flash](https://www.ltc-tv.com/crypto-news/why-bitcoin-price-could-double-to-60k-in-a-flash/) - Bitcoin price action has been known to go “parabolic” when speculation in the crypto market is in full gear. Prices begin to rise rapidly with very few pullbacks in between. According to evidence, a parabolic structure is possibly building that could cause BTCUSD to “double” in a short amount of time. And with the first - [Optimizing the Cooling of Orange Pi 5 for Mining VerusCoin (VRSC)](https://www.ltc-tv.com/mining-news/optimizing-the-cooling-of-orange-pi-5-for-mining-veruscoin-vrsc/) - 22 Oct 2023 If you are considering using an Orange Pi 5 for Mining VerusCoin (VRSC) (Ad) one thing you should have for sure is an additional cooling solution like the GeeekPi Orange Pi 5/5B Cooling Fan with Heatsink, however although good and working well this solution is far from optimal and can benefit from - [New SHIB-Based Token On The Way? Update](https://www.ltc-tv.com/crypto-news/new-shib-based-token-on-the-way-update/) - The Shiba Inu ecosystem is one of the fastest growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time with lots of tokens and updates to its ecosystem, but it certainly still has a long way to go. In a recent not-so-surprise announcement, a core member of - [NY sues crypto firms, FTX's Nishad faces 75 years in jail, and Grayscale...](https://www.ltc-tv.com/blockchain/ny-sues-crypto-firms-ftxs-nishad-faces-75-years-in-jail-and-grayscale/) - Top Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments has filed a new application with the U.S. Securities and Exchange Commission for a new spot Bitcoin exchange-traded fund (ETF). The new filing aligns with Grayscale’s ongoing effort to convert its Grayscale Bitcoin Trust into - [Ethereum ICO Participant Wakes Up After 8 Years, Moves $3 Million In ETH](https://www.ltc-tv.com/crypto-news/ethereum-ico-participant-wakes-up-after-8-years-moves-3-million-in-eth/) - The Ethereum initial coin offering (ICO), which took place in 2014, represents one of the most significant events in the history of cryptocurrency. As the network had not begun generating tokens autonomously, the ICO event allowed early investors and enthusiasts to accumulate ETH, currently the second-largest cryptocurrency by market cap. Latest on-chain data shows that - [Games need decentralized randomness to be fair](https://www.ltc-tv.com/blockchain/games-need-decentralized-randomness-to-be-fair/) - Quantum mechanics tells us that what looks like a highly predictable and orderly universe is built on a world of unpredictability and mere probability. While the quantum world looks bizarre, it can be understood and even harnessed for technology like semiconductors, LEDs, and quantum cryptography. Something similar can be said about randomness in the metaverse. - [Shiba Inu Revival? Here's Why A Resurgence May Be Imminent](https://www.ltc-tv.com/crypto-news/shiba-inu-revival-heres-why-a-resurgence-may-be-imminent/) - Shiba Inu (SHIB) has been displaying a bearish structure accompanied by a noticeable capital outflow, leading to a plunge in its value. Despite the prevailing technical indicators, there is a lingering possibility of a short-term range formation. At present, the critical resistance on the charts is identified at $0.000007. Notably, this level experienced a brief - [NFT Creator – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/nft-creator-cointelegraph-magazine/) - A self-proclaimed jack of all trades and master of none, OSF has become a prolific figure in the nonfungible token world in just over two years, trading his former life at Barclay’s to focus full-time on Web3, his digital art pursuits, his PFP project Rekt Guy and living the life of a degen collector. The - [New SRBMiner-Multi 2.3.9 With Fixes and Improvements for Dynex (DNX)](https://www.ltc-tv.com/mining-news/new-srbminer-multi-2-3-9-with-fixes-and-improvements-for-dynex-dnx/) - 19 Oct 2023 Another update from Doctor83 for his SRBMiner-Multi mining software to version 2.3.9, after the recent mandatory update 2.3.8 for Dynex miners a new bugfix release is available that fixes some issues with invalid shares that was present in the 2.3.8 update as well as brings performance improvement for some GPUs. Furthermore the - [Impact On Price As Traders Ditch Bitcoin On Derivatives](https://www.ltc-tv.com/crypto-news/impact-on-price-as-traders-ditch-bitcoin-on-derivatives/) - Ether (ETH), the second-largest cryptocurrency by market capitalization, has been on a downward trajectory for the past three months. Despite a brief fake-out rally, ETH has struggled to regain its footing in the crypto market. The recent rally, though short-lived, has brought about interesting developments in the derivatives market. While Bitcoin’s open interest (OI) witnessed - [What did Satoshi Nakamoto think about ZK-proofs? – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/what-did-satoshi-nakamoto-think-about-zk-proofs-cointelegraph-magazine/) - The founding scientist of Zcash, Eli Ben-Sasson, would then go on to found StarkWare, a company known today for using zero-knowledge proofs to scale Ethereum through rollups. Ben-Sasson tells Magazine that the early enthusiasm from Bitcoin core developers for ZK-proofs played a “pivotal role” in his eventual co-founding of StarkWare. “The Bitcoin 2013 conference in - [This Rare Bullish Bitcoin Crossover Could Soon Form, Quant Predicts When](https://www.ltc-tv.com/crypto-news/this-rare-bullish-bitcoin-crossover-could-soon-form-quant-predicts-when/) - A rare bullish crossover between two on-chain metrics could soon be forming for Bitcoin. Here’s when this analyst believes the cross would happen. Bitcoin Realized Prices Of Two UTXO Age Bands Are Moving Towards A Cross As explained by an analyst in a CryptoQuant Quicktake post, a bullish crossover is expected to happen soon for - [Blockchain innovation or dangerous house of cards? – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/blockchain-innovation-or-dangerous-house-of-cards-cointelegraph-magazine/) - Staking and restaking Staking is a crypto-native concept. On Ethereum, it means putting up a security bond in ETH so that the validator (validators of new transactions who maintain the security of the blockchain) will behave honestly in verifying transactions rather than lose their staked tokens. Stakers are then paid rewards for locking up this - [Analyst Points Out Weird Bitcoin Activity On Bybit & Deribit Before Flash Surge](https://www.ltc-tv.com/crypto-news/analyst-points-out-weird-bitcoin-activity-on-bybit-deribit-before-flash-surge/) - An analyst has pointed out how some suspicious Bitcoin buying activity took place on Bybit and Deribit in the leadup to yesterday’s flash surge. Bitcoin Taker Buy Sell Ratio Saw Extraordinary Spikes On Bybit & Deribit Yesterday In a new post on X, Julio Moreno, head of research at CryptoQuant, discussed how the BTC taker - [Banks’ crypto exposure must be disclosed — BIS’ Basel Committee](https://www.ltc-tv.com/blockchain/banks-crypto-exposure-must-be-disclosed-bis-basel-committee/) - The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) released a consultation paper on Oct. 17, proposing to make it compulsory for banks to disclose their crypto exposure. The Basel Committee comprises central banks and financial authorities from 28 jurisdictions and is a forum for regulatory cooperation on banking supervisory matters. - [Do Not Buy Samsung Galaxy A13 5G Smartphone for Crypto Mining](https://www.ltc-tv.com/mining-news/do-not-buy-samsung-galaxy-a13-5g-smartphone-for-crypto-mining/) - 16 Oct 2023 If you are getting into crypto mining using a smartphone for coins such as VerusCoin (VRSC) you should be extra careful what “mining hardware” or a smartphone you are picking up to use. One would normally assume that nowadays even the cheap smartphones would do just fine for crypto mining provided that - [Bitcoin Price Surges 7% In 10 Minutes On Fake iShares ETF News](https://www.ltc-tv.com/crypto-news/bitcoin-price-surges-7-in-10-minutes-on-fake-ishares-etf-news/) - Bitcoin price just made one of its most volatile moves in some time on the back of what has amounted to be fake news regarding the approval of the BlackRock iShares spot BTC ETF. Within seconds of a fake X post, BTCUSD surged by over 7% in ten minutes – only to retrace the entire - [Tether freezes $873K USDT linked to terrorist activity in Ukraine, Israel](https://www.ltc-tv.com/blockchain/tether-freezes-873k-usdt-linked-to-terrorist-activity-in-ukraine-israel/) - Stablecoin issuer Tether has moved to freeze 32 addresses linked to terrorist activity in Israel and Ukraine in collaboration with local law enforcement agencies.$873,118 worth of Tether (USDT) linked to illicit activity in Israel and Ukraine have been frozen, according to an announcement from the company. The action was taken in collaboration with Israel’s National - [How Ripple’s Rumored Token Burn Could Affect The XRP Price](https://www.ltc-tv.com/crypto-news/how-ripples-rumored-token-burn-could-affect-the-xrp-price/) - XRP has struggled to regain bullish price momentum this month, with the crypto going on six days of red candle close last week. The XRP community appears to be feeling the effects of this lack of momentum, as speculations have begun to circulate about a potential catalyst for the next XRP price surge. Word on - [Caroline Ellison speaks on FTX-Binance war: Hodler's Digest, Oct.](https://www.ltc-tv.com/blockchain/caroline-ellison-speaks-on-ftx-binance-war-hodlers-digest-oct/) - Top Stories This Week Caroline Ellison wanted to step down but feared a bank run on FTX Caroline Ellison, former CEO of Alameda Research, testified for over 10 hours this week at Sam Bankman-Fried’s trial, offering deeper details on the events that anticipated the FTX debacle in November 2022. From Ellison’s testimony, jurors learned that - [Mandatory Upgrade for Dynex (DNX) Miners Using SRBMiner-MULTI v2.3.7 to 2.3.8](https://www.ltc-tv.com/mining-news/mandatory-upgrade-for-dynex-dnx-miners-using-srbminer-multi-v2-3-7-to-2-3-8/) - 14 Oct 2023 If you are mining Dynex (DNX) with the SRBMiner-MULTI v2.3.7 miner especially if dual mining DNX and ZIL you should upgrade to the just released version 2.3.8 as it implements important fixes regarding Dynex mining. It is a mandatory upgrade for Dynex miners as apparently the latest performance optimizations in version 2.3.7 - [Bloomberg Analyst Predicts Likelihood Of A Spot Bitcoin ETF By January 2024](https://www.ltc-tv.com/crypto-news/bloomberg-analyst-predicts-likelihood-of-a-spot-bitcoin-etf-by-january-2024/) - Following notable changes to the ARK 21Shares Spot Bitcoin ETF application, Bloomberg ETF analysts James Seyffart and Eric Balchunas have predicted that the US Securities and Exchange Commission (SEC) could approve a fund as early as next year. 90% Chance Of Approval In a post shared on his X (formerly Twitter) platform, Seyffart highlighted his - [European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined](https://www.ltc-tv.com/blockchain/european-regulators-assess-defi-risks-uniswap-launches-android-wallet-finance-redefined/) - Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, European securities regulators have published a report on the DeFi ecosystem that lists the risks it poses to the European Union’s financial system — - [What is blockchain network congestion?](https://www.ltc-tv.com/blockchain/what-is-blockchain-network-congestion/) - Blockchain network congestion, explained Blockchain network congestion refers to a situation where the number of transactions exceeds the network’s capacity, resulting in processing delays.When there are more pending transactions than the network can handle, blockchain networks get congested. Limited block sizes and the length of time required to construct a new block are the causes - [Cardano, Solana, Under Heat, Data Points To Trouble For Altcoins](https://www.ltc-tv.com/crypto-news/cardano-solana-under-heat-data-points-to-trouble-for-altcoins/) - Bulls pushed back and momentarily halted the increasing selling pressure impacting Cardano, Solana, and Ethereum. The altcoin market has been stabilizing over the last day, but fresh data points to potential issues in the short term. As of this writing, Cardano (ADA) trades at $0.23 with sideways movement in the past day. Solana and Ethereum - [Mastercard announces successful wrapped CBDC trial results](https://www.ltc-tv.com/blockchain/mastercard-announces-successful-wrapped-cbdc-trial-results/) - Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin (wBTC) and wrapped Ether (wETH).According to the October 12 announcement, the trial was conducted with the Reserve Bank of Australia (RBA) and the country's Digital Finance Cooperative Research Centre CBDC, along with participation from Cuscal and - [XRP Price Could Get A Boost, Dip In Bitcoin Metric Suggests Rally](https://www.ltc-tv.com/crypto-news/xrp-price-could-get-a-boost-dip-in-bitcoin-metric-suggests-rally/) - The XRP price continues to trade sideways on low timeframes as the crypto market faces a spike in selling pressure. While major cryptocurrencies will likely bleed into critical support, one analyst believes there is hope for the XRP Ledger native token. As of this writing, the XRP price trades below the critical psychological level of - [The MASQ Web3 Privacy Browser is Now Out in Public Beta for Everyone to Try](https://www.ltc-tv.com/mining-news/the-masq-web3-privacy-browser-is-now-out-in-public-beta-for-everyone-to-try/) - 11 Oct 2023 The MASQ web3 browser has been released on a Public Testnet and is now available for everyone to download and try, so we just did that. We have introduced the MASQ project to you last year, but it has taken quite some time for it to move from private to public beta, - [Ethereum Could See A Steep Decline If It Closes Below This Level](https://www.ltc-tv.com/crypto-news/ethereum-could-see-a-steep-decline-if-it-closes-below-this-level/) - On-chain data suggests an Ethereum close under the $1,530 level could lead to a significant drawdown for the cryptocurrency. Ethereum Support Levels Below $1,530 Are Very Thin Currently In a new post on X, analyst Ali has discussed what the support and resistance levels of Ethereum are looking like right now. These support and resistance - [Zero-knowledge proofs show potential from voting to finance – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/zero-knowledge-proofs-show-potential-from-voting-to-finance-cointelegraph-magazine/) - In a world increasingly anxious about privacy and exploitation of one’s personal data by governments, corporations, social media platforms and banks, zero-knowledge proofs may offer some relief. Indeed, this emerging cryptographic protocol could partially remedy two rapidly growing global deficits: privacy and truth. ZK-proofs have already found a home within the cryptocurrency and blockchain sector - [Easily Start Mining VerusCoin (VRSC) With an Android-Based Smartphone](https://www.ltc-tv.com/mining-news/easily-start-mining-veruscoin-vrsc-with-an-android-based-smartphone/) - 10 Oct 2023 Getting into smartphone crypto mining might be easier than you think, especially if you already have an old Android-based smartphone lying around unused due to you switching to iOS or getting a more up-to date Android device. If you have read the recent publication on how to use Orange Pi 5 for - [Binance freezes Hamas-linked accounts after Israeli request](https://www.ltc-tv.com/blockchain/binance-freezes-hamas-linked-accounts-after-israeli-request/) - Crypto exchange Binance has frozen accounts linked to Hamas militants as per requests from Israeli law enforcement.According to an October 10 WeChat post by Yi He, the exchange's co-founder, the freeze is targeted towards Hamas and not the people of Palestine. As narrated by He:"Hamas is a designated terrorist organization by the United Nations. Therefore, - [Shiba Inu Price Dips Below Key Support: Enter Or Exit SHIB?](https://www.ltc-tv.com/crypto-news/shiba-inu-price-dips-below-key-support-enter-or-exit-shib/) - The Shiba Inu (SHIB) price currently treads on crucial technical terrains. As highlighted in previous comprehensive analysis, the potential impacts of two distinct chart patterns were observed on the 1-week timeframe for SHIB, both leading to vastly different price trajectories. The 1-week chart reveals a compelling quadruple bottom formation for SHIB. If this pattern materializes, - [Bitcoin Makes Another Attempt At $28,000, Can Break Happen?](https://www.ltc-tv.com/crypto-news/bitcoin-makes-another-attempt-at-28000-can-break-happen/) - Bitcoin is currently trying to have another go at the $28,000 level. Here’s what on-chain data says regarding whether a retest can be successful. Bitcoin On-Chain Signals Are Not All Positive Right Now In a new post on X, the on-chain analytics firm Santiment has looked into a couple of on-chain indicators that may provide - [OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull](https://www.ltc-tv.com/blockchain/opensea-unaware-of-any-involvement-of-former-exec-in-60m-rug-pull/) - Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media. In an Oct. 6 thread on X (formerly Twitter), the anonymous account NFT Ethics tagged OpenSea, asking it to respond to accusations that - [Setting Up and Using Orange Pi 5 for Mining VerusCoin (VRSC)](https://www.ltc-tv.com/mining-news/setting-up-and-using-orange-pi-5-for-mining-veruscoin-vrsc/) - VerusCoin (VRSC) is an interesting project that has been available for a while already, but has more recently been generating attention among miners this year thanks to its ability to efficiently mine it with power efficient ARM-based devices such as smartphones and microcomputers. The focus of this article is how to set up VerusCoin (VRSC) - [Coinbase Ranks As Second Largest ETH Staking Entity As Lido’s Dominance Raises Concerns](https://www.ltc-tv.com/crypto-news/coinbase-ranks-as-second-largest-eth-staking-entity-as-lidos-dominance-raises-concerns/) - Prominent crypto exchange Coinbase has emerged as the second largest ETH staking entity based on a recent scoop by Chinese reporter Colin Wu. This development comes amidst growing concerns about network centralization in regard to Lido’s dominance in the ETH staking market. Coinbase Accounts For 14.1% Of ETH Staking Activity – Report According to Wu, a - [Ripple CTO seeks community consensus for XRPL AMM feature adoption](https://www.ltc-tv.com/blockchain/ripple-cto-seeks-community-consensus-for-xrpl-amm-feature-adoption/) - Ripple chief technology officer David Schwartz has advocated for XRP Ledger (XRPL) validators to support an automated market maker (AMM) feature, but only if there is consensus within the community.On X (formerly Twitter), Schwartz discussed the XRPL’s AMM feature. In his initial post, Schwartz referred to AMMs as an intriguing part of decentralized finance.The XRP Ledger - [Solana Outshines Rivals On Weekend Top 10 Roster, Up 18%](https://www.ltc-tv.com/crypto-news/solana-outshines-rivals-on-weekend-top-10-roster-up-18/) - Solana experienced a significant surge of approximately 20% during the last few days of September and into the first week of October. This sudden price increase has piqued the interest of investors and enthusiasts alike, sparking discussions about its underlying causes. One prominent question on people’s minds is whether this uptick in SOL’s value is - [Long and short positions, explained](https://www.ltc-tv.com/blockchain/long-and-short-positions-explained/) - The concept of long and short positions The long and short positions represent opposite strategies that investors and traders use to speculate on the price movements of assets under consideration.The idea of long and short positions is still applicable to traditional financial markets in the realm of cryptocurrencies. In order to profit from a cryptocurrency’s - [Dynex (DNX) Seems to be the Most GPU Mined Coin at the Moment](https://www.ltc-tv.com/mining-news/dynex-dnx-seems-to-be-the-most-gpu-mined-coin-at-the-moment/) - 7 Oct 2023 Dynex (DNX) has gone a long way since we initially covered it as a new project to check out back in 2022 and now looking at the recent Hive OS Linux Mining OS statistics about what coins and algorithms are the most mined among the users of that mining operating system it - [Shiba Inu Whale Moves $33 Million In SHIB, Here’s The Destination](https://www.ltc-tv.com/crypto-news/shiba-inu-whale-moves-33-million-in-shib-heres-the-destination/) - A Shiba Inu whale recently transferred a whopping $33 million in SHIB tokens off a crypto exchange into an unknown wallet. According to on-chain data from Whale Alerts, over 4.58 trillion Shiba Inu tokens worth $33.13 million have made their way into a private wallet from the crypto exchange Bitvavo. Details Of The Whale Transfer - [Asia Express – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/asia-express-cointelegraph-magazine-8/) - Our weekly roundup of news from East Asia curates the industry’s most important developments. 3AC creditors strike back On Sept. 29, Su Zhu, co-founder of defunct Singaporean hedge fund Three Arrows Capital (3AC) — which prior to its collapse last June managed more than $10 billion in digital assets — was apprehended at Singapore’s Changi - [Friend​.tech offers login removal solutions after SIM-swap reports](https://www.ltc-tv.com/blockchain/friend​-tech-offers-login-removal-solutions-after-sim-swap-reports/) - The decentralized social network Friend.tech took to social media to announce an updated feature that will allow users to add and remove various login methods used to access their accounts after reports of SIM-swap attacks emerged. On Oct. 4, Friend.tech said the settings had been made accessible via the app, with users needing to tap their - [Supply Keeps Falling To Lowest Since 2018](https://www.ltc-tv.com/crypto-news/supply-keeps-falling-to-lowest-since-2018/) - Bitcoin news for traders and investors is showing positive signs as the cryptocurrency managed to stay above critical levels. The current trading environment remains uncertain as sideways price action persists, but new data points to potential gains. As of this writing, Bitcoin trades at $27,700 with sideways movement in the last 24 hours. On higher - [New SRBMiner-Multi 2.3.7 With Dynex (DNX) and Zilliqa (ZIL) Dual-Mining on Nvidia](https://www.ltc-tv.com/mining-news/new-srbminer-multi-2-3-7-with-dynex-dnx-and-zilliqa-zil-dual-mining-on-nvidia/) - 4 Oct 2023 Up until recently the OneZeroMiner was the preffered miner for Nvidia GPU miners mining Dynex (DNX) as the fastest performing miner, however the SRBMiner-Multi software used mostly by AMD miners has recently brought back Dynexsolve support for Nvidia in the version 2.3.6 (performance was slower than OneZeroMiner) and in the just released - [Ripple Scores 3 Major Wins That Could Drive XRP Price To $1](https://www.ltc-tv.com/crypto-news/ripple-scores-3-major-wins-that-could-drive-xrp-price-to-1/) - Certain events have been touted as being able to impact the XRP price significantly. Some of these events already seem to be happening, raising the hopes of the XRP community that the token could indeed hit $1 before the year runs out. Ripple Expands To Singapore In a statement released on October 3, Ripple announced - [Alameda sent $4.1B of FTT tokens to FTX before crash: Nansen report](https://www.ltc-tv.com/blockchain/alameda-sent-4-1b-of-ftt-tokens-to-ftx-before-crash-nansen-report/) - Blockchain data analysts from Nansen have revisited the days leading up to the collapse of FTX, including the transfer of $4.1 billion worth of FTT tokens between the exchange and Alameda Research.A Nansen report shared with Cointelegraph reveals unique observations from the blockchain analytics firm, highlighting the close relationship between the two companies founded by - [BitChimney Space Heater Based on a Single Board S19 and Working on 120V](https://www.ltc-tv.com/mining-news/bitchimney-space-heater-based-on-a-single-board-s19-and-working-on-120v/) - 3 Oct 2023 With the colder weather incoming we are getting back on the topic of using crypto miners to heat our homes and take advantage of the excess heat that these devices produce while mining your favourite cryptocurrency. The Antminer S9 and or L3-based ASIC Space Heaters are still nice and all, especially if - [How the actor model could enable better blockchain gaming apps](https://www.ltc-tv.com/blockchain/how-the-actor-model-could-enable-better-blockchain-gaming-apps/) - Decentralized applications (DApps), including apps for gaming, have gained traction for their transparency, security and user asset ownership. However, delivering high-quality AAA gaming experiences through DApps presents challenges.Existing 2D gaming DApps operate on blockchain networks using smart contracts for asset management. While they’re favored for their simple mechanics and resource efficiency, their limitations become evident - [Revival Of "Satoshi Nakamoto" Could Signal Slump In BTC Price?](https://www.ltc-tv.com/crypto-news/revival-of-satoshi-nakamoto-could-signal-slump-in-btc-price/) - In recent Bitcoin news, the creator of the cryptocurrency, Satoshi Nakamoto, has been back in the spotlight. A recent email and the resurgence of an X account allegedly associated with Nakamoto attracted the crypto community’s attention, an event that could impact BTC’s price action. As of this writing, Bitcoin trades at $27,600 after hitting a - [Optimism (OP) Climbs 6% A Day As Crypto Market Rebounds](https://www.ltc-tv.com/crypto-news/optimism-op-climbs-6-a-day-as-crypto-market-rebounds/) - Optimism (OP) has posted notable gains today, October 2, trading at $1.45, with a 5% increase in the last 24 hours. Furthermore, its price has gained 15% in the last seven days. OP’s rise coincides with the improvement in the general crypto market, which showed a remarkable recovery. However, whether OP will sustain the ongoing - [VanEck Ethereum Strategy ETF set for CBOE listing](https://www.ltc-tv.com/blockchain/vaneck-ethereum-strategy-etf-set-for-cboe-listing/) - Investment management firm VanEck is set to launch its Ethereum Strategy ETF on Oct. 2, with the product now listed on its website under the ticker EFUT and set for trading on the Chicago Board Options Exchange (CBOE).The VanEck Ethereum Strategy exchange-traded fund (ETF) will look to accrue capital by investing in Ether (ETH) futures contracts - [FTX Exploiter Executes Ongoing Funds Exodus, Moves $17 Million In ETH In One Day](https://www.ltc-tv.com/crypto-news/ftx-exploiter-executes-ongoing-funds-exodus-moves-17-million-in-eth-in-one-day/) - According to an on-chain report on Saturday, September 30, an address associated with the FTX exploiter became active for the first time in 10 months. As earlier reported, some 5,000 ETH (equivalent to $8.2 million) was transferred from the flagged address (identified as 0x3e9) to new addresses on Saturday. However, in the latest development, blockchain - [Ether futures ETFs launching, SBF trial to begin, 3AC’s Su Zhu arrested](https://www.ltc-tv.com/blockchain/ether-futures-etfs-launching-sbf-trial-to-begin-3acs-su-zhu-arrested/) - Top Stories This Week Ethereum futures ETFs to start trading next week Investment firm Valkyrie will start offering exposure to Ether futures in the coming days. On Sept. 28, the firm told Cointelegraph that its Bitcoin Strategy ETF will allow investors access to Ether and Bitcoin futures “under one wrapper,” making it one of the - [Valkyrie Halts Purchase Of ETH Futures Contracts](https://www.ltc-tv.com/crypto-news/valkyrie-halts-purchase-of-eth-futures-contracts/) - Asset management firm Valkyrie, one of the frontrunners for the first Ethereum ETF (exchange-traded fund) in the United States, has decided to pause its purchase of Ether futures contracts until the US Securities and Exchange Commission approves an Ether futures ETF. This comes barely a day after the asset manager reportedly secured approval to offer - [Leased proof-of-stake (LPoS), explained](https://www.ltc-tv.com/blockchain/leased-proof-of-stake-lpos-explained/) - Understanding leased proof-of-stake LPoS is a type of PoS meant to increase mining power, address inherent issues found in PoW, and improve other types of PoS, such as delegated proof-of-stake (DPoS).Regular cryptocurrency users have probably come across the term proof-of-stake (PoS) when dealing with crypto staking, but what is leased proof-of-stake (LPoS), and is there - [Bitcoin Surge Above $27,000 May Not Last, Here's Why](https://www.ltc-tv.com/crypto-news/bitcoin-surge-above-27000-may-not-last-heres-why/) - Bitcoin has broken back above the $27,000 level during the past day, but if on-chain data is to go by, this surge may not last for long. Bitcoin Investors Are Taking Profits At Highest Rate In 3 Months According to data from the on-chain analytics firm Santiment, there is a chance that a short-term correction - [SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan](https://www.ltc-tv.com/blockchain/sbi-works-with-uaes-tradefinex-to-set-up-joint-crypto-venture-in-japan/) - SBI Holdings and TradeFinex will look to drive trade finance adoption of the Ethereum Virtual Machine-compatible enterprise blockchain XDC Network through a new joint venture in Japan.United Arab Emirates-based firm TradeFinex operates its own decentralized platform on the XDC Network for trade finance originators to connect to a variety of banks and lending institutions. Aimed at - [What Happens To XRP Price If Ripple Stock Climbs To $600?](https://www.ltc-tv.com/crypto-news/what-happens-to-xrp-price-if-ripple-stock-climbs-to-600/) - One thing that has emerged that could influence the XRP price has been the possibility of Ripple carrying out an Initial Public Offering (IPO). This would mean that shares of the crypto firm would become publicly tradable like that of Coinbase’s COIN stock. However, even more prominent among investors is the possibility of how high - [Bitcoin lender Ledn to roll out ETH, USDT interest accounts](https://www.ltc-tv.com/blockchain/bitcoin-lender-ledn-to-roll-out-eth-usdt-interest-accounts/) - Despite its roots embedded in Bitcoin (BTC) lending, lending platform Ledn has announced the launch of an Ether (ETH) yield offering following user requests for a shielded alternative to manually staking Ether.The Cayman Islands firm has added an ETH offering to its Growth Accounts products, which currently offers users ring-fenced facilities to earn interest on - [Can MATIC Defend $0.5 Threshold?](https://www.ltc-tv.com/crypto-news/can-matic-defend-0-5-threshold/) - Polygon (MATIC) has been treading in the water for much of September, caught in a tight range that reflects the uncertainty gripping the cryptocurrency market. As the altcoin hovers around the $0.50 mark, traders are closely eyeing a significant technical indicator that could spell trouble for its price trajectory. The altcoin’s price, currently at $0.508295 - [CBDC frameworks must guard user privacy, monetary freedom — BIS chief](https://www.ltc-tv.com/blockchain/cbdc-frameworks-must-guard-user-privacy-monetary-freedom-bis-chief/) - Legal frameworks ensuring user privacy and the freedom to choose between central bank digital currencies (CBDCs) and other forms of money will be key in driving CBDC adoption, according to the head of the Bank of International Settlements.Speaking at the BIS Innovation Hub conference in Switzerland on Sept. 27, BIS general manager Agustín Carstens stressed - [Ethereum Liquid Staking Protocols Hit New Milestone Following Massive Inflows](https://www.ltc-tv.com/crypto-news/ethereum-liquid-staking-protocols-hit-new-milestone-following-massive-inflows/) - Ethereum liquid staking platforms are making waves in the decentralized finance (DeFi) ecosystem. Recent on-chain reports have revealed that liquid staking protocols have recorded a new milestone in the number of Ether (ETH) staked, reaching a staggering 12 million ETH mark in just a few days. Ethereum Liquid Staking Gains Momentum With Ethereum 2.0 thriving, - [Tim Draper, Hall of Flame – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/tim-draper-hall-of-flame-cointelegraph-magazine/) - Spoiler alert: It didn’t. Which is not to say it won’t happen eventually, as Draper has been pretty far-sighted in the past. Back in 2014, Draper scooped up around 30,000 Bitcoin for $19 million after the U.S. Marshals took down Silk Road. Fast forward to today, and those Bitcoin have increased 4,165% in value to - [Chainlink Spikes 10% On Weekly Chart As Market Sees Correction](https://www.ltc-tv.com/crypto-news/chainlink-spikes-10-on-weekly-chart-as-market-sees-correction/) - The crypto market cap has declined over 1% in the last 24 hours, transmitting losses across the market. Top coins like Bitcoin and Ethereum have taken the hit, losing 3% and 4% of their past week’s gains, respectively. However, Chainlink (LINK) resisted the prevailing bearish market forces amid this onslaught, holding 6.51% gains on the - [Digital yuan app adds prepaid Mastercard, Visa top-ups for tourists](https://www.ltc-tv.com/blockchain/digital-yuan-app-adds-prepaid-mastercard-visa-top-ups-for-tourists/) - Tourists planning to visit the People’s Republic of China can now pre-charge their digital yuan wallets using Visa and Mastercard payment options as the nation continues to update the mobile app powering its central bank digital currency (CBDC) pilot.The e-CNY app, which is still in its pilot version, is available to iOS and China-based Google - [What The Drop In Spot And Derivatives Volumes Means For The Price Of Bitcoin](https://www.ltc-tv.com/crypto-news/what-the-drop-in-spot-and-derivatives-volumes-means-for-the-price-of-bitcoin/) - It has been a quiet week of caution for Bitcoin traders in terms of price action. This caution has trickled into trading volume in particular, as volumes on major crypto exchanges for both spot Bitcoin trading and Bitcoin derivatives have fallen far below their levels at the beginning of the year. On-chain data from CryptoQuant - [Miss Universe denies link with recently unveiled coin project](https://www.ltc-tv.com/blockchain/miss-universe-denies-link-with-recently-unveiled-coin-project/) - The Miss Universe Organization has denied any association with the Miss Universe Coin project announced at the Philippine Blockchain Week (PBW) event held earlier this month. PBW said that they are in contact with all involved parties and will post an update soon. Earlier this month, a project called Miss Universe Coin was announced at - [Why October Is An Important Month For The Crypto Industry](https://www.ltc-tv.com/crypto-news/why-october-is-an-important-month-for-the-crypto-industry/) - As October approaches, the crypto community will have their eyes set on the US Securities and Exchange Commission (SEC), as it has some key decisions to make that could invariably affect the crypto industry and everyone in it. SEC Appeal Incoming? The SEC is expected to decide whether or not to appeal the ruling in - [DeFi activity on the decline, but investment rolls in: Finance Redefined](https://www.ltc-tv.com/blockchain/defi-activity-on-the-decline-but-investment-rolls-in-finance-redefined/) - Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A new analysis by investment management fund VanEck revealed that economic activity in the DeFi sector dropped 15.5% in August. Blockchain Capital, on the other hand, announced two - [ImmutableX Makes Noise As IMX Token Dominates Top 50](https://www.ltc-tv.com/crypto-news/immutablex-makes-noise-as-imx-token-dominates-top-50/) - The price surge of ImmutableX (IMX) came as a surprise to the market, as the altcoin took the lead in the cryptocurrency market rally on Friday. The alternative cryptocurrency reached its highest point in 45 days and successfully transformed several resistance levels into stable support levels. IMX reached a peak of $0.77, marking a 33% - [Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs](https://www.ltc-tv.com/blockchain/core-scientific-seals-77m-bitmain-deal-for-27k-bitcoin-mining-rigs/) - Cryptocurrency mining hardware maker Bitmain and bankrupt crypto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the deal on expanding mining facilities. The deal between the two mining companies will see Bitmain supply 27,000 Bitcoin (BTC) mining rigs for $23 million in cash, along with $53.9 million worth of common - [What happens when crypto meets fintech in Africa?](https://www.ltc-tv.com/blockchain/what-happens-when-crypto-meets-fintech-in-africa/) - Ahead of the Africa Money and DeFi Summit, Hashing It Out host Elisha Owusu Akyaw (GhCryptoGuy) speaks with Andrew Fassnidge, founder of Africa Tech Summit, and Enoch Antwi, CEO of Dnar, on the intersection between cryptocurrency developments on the African continent and the financial technology sector. Fassnidge shares his experience from the perspective of an - [Optimism To Sell 116 Million OP Tokens Via Private Sale:](https://www.ltc-tv.com/crypto-news/optimism-to-sell-116-million-op-tokens-via-private-sale/) - Optimism has revealed its plans to sell 116 million OP tokens to seven private buyers. According to the update, this sale is for treasury management tokens. Based on current prices, this sale will transfer approximately $159 million worth of OP tokens to the buyers. Given the sheer amount of the sale, some traders believe it - [Ethereum Path To $1,700 - Predictions For The Week Ahead](https://www.ltc-tv.com/crypto-news/ethereum-path-to-1700-predictions-for-the-week-ahead/) - Ethereum (ETH) enthusiasts have found a glimmer of hope in the recent bullish reversal as the entire crypto market appears to be headed for recovery. The second-largest cryptocurrency by market capitalization experienced a significant upturn, clawing its way back from the $1,550 support level just last week. At the time of writing, ETH is trading - [EasyTranslate boss on adapting to change – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/easytranslate-boss-on-adapting-to-change-cointelegraph-magazine/) - Translation meets technology It was not the first change in direction for Pedersen’s company. Formed in 2010 without venture capital, the translation service grew quickly. In 2016, it went after bigger fish and started offering interpretation services to the Danish government after realizing there was an opportunity with the launch of Apple’s FaceTime. According to - [Circle launches USDC stablecoin on Polkadot Asset Hub](https://www.ltc-tv.com/blockchain/circle-launches-usdc-stablecoin-on-polkadot-asset-hub/) - USD Coin (USDC), the second-largest stablecoin by market capitalization after Tether (USDT), continues expanding across different blockchain networks, now being launched on Polkadot.USDC issuer Circle has officially launched USD Coin on the Polkadot network, the firm announced on Sept. 19. According to the Circle’s website, Polkadot USDC is immediately available for developers and users as - [XEC Token Spikes 15% In The Last Week, Can It Sustain Rally?](https://www.ltc-tv.com/crypto-news/xec-token-spikes-15-in-the-last-week-can-it-sustain-rally/) - XEC has continued its uptrend today, September 19, following a sharp spike from $0.000022 to a high of $0.000028 on September 18. This price move represents a nearly 23% increase. Although there’s been a slight pullback, its price remains around $0.000027. In the early hours of today, XEC traded at $0.000027, with a 15% 24-hour - [Solana Seeing Dark Clouds? Trader Predicts Bottom Formation](https://www.ltc-tv.com/crypto-news/solana-seeing-dark-clouds-trader-predicts-bottom-formation/) - Solana (SOL) has been making positive noise recently with a surge in its price. However, one crypto strategist known as Altcoin Sherpa on the social media platform X, believes that the euphoria may be short-lived. Despite last week’s notable rally, Altcoin Sherpa argues that Solana is still trapped in a downtrend, casting doubts on the - [Malta begins public consultation on revised crypto rules to align with MiCA](https://www.ltc-tv.com/blockchain/malta-begins-public-consultation-on-revised-crypto-rules-to-align-with-mica/) - Malta’s Financial Services Authority (MFSA) has begun public consultation over changes in its crypto regulations in order to align with Europe’s Markets in Crypto-Assets (MICA) regulations set to take effect in December 2024. The public consultation period is open until Sept. 29.The revised rulebook proposes changes to the rules for exchanges, custodians and portfolio managers in - [Hong Kong central bank warns against crypto firms using banking terms](https://www.ltc-tv.com/blockchain/hong-kong-central-bank-warns-against-crypto-firms-using-banking-terms/) - The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws. In a press release, the HKMA said that using certain banking terms may be misleading the public, causing users to think that the crypto firms are - [Glassnode Co-Founders Weigh In On Bitcoin (BTC) Path To $30,000](https://www.ltc-tv.com/crypto-news/glassnode-co-founders-weigh-in-on-bitcoin-btc-path-to-30000/) - Bitcoin has had an eventful week, gaining by over 5% to trade above the $26,000 price. Even following the release of the US Consumer Price Index, which showed an inflation rise of 0.6%, the premier cryptocurrency remained resilient with little to no price drops. As BTC now hovers around the $26,500 price mark, market analysts - [Base Posts New All-Time High In Daily Transactions Amidst Friend.tech Resurgence](https://www.ltc-tv.com/crypto-news/base-posts-new-all-time-high-in-daily-transactions-amidst-friend-tech-resurgence/) - Base, the Coinbase-incubated Ethereum layer 2 (L2) network, has seen rising adoption since opening its door to the public barely a month ago. While the blockchain platform has gained significant traction, its pool of users and protocols has also witnessed substantial expansion. In a testament to this rapid growth, Base recently registered its highest number - [What are address poisoning attacks in crypto and how to avoid them?](https://www.ltc-tv.com/blockchain/what-are-address-poisoning-attacks-in-crypto-and-how-to-avoid-them/) - Address poisoning attacks are malicious tactics used by attackers who can reroute traffic, interrupt services, or obtain unauthorized access to sensitive data by inserting bogus data or changing routing tables. The integrity of data and network security are seriously threatened by these assaults, which take advantage of flaws in network protocols.This article will explain what - [Analyst Unveils New Long Positions For BTC](https://www.ltc-tv.com/crypto-news/analyst-unveils-new-long-positions-for-btc/) - In a recent YouTube interview with TechnicalRoundup, crypto Analyst DonAlt revealed he had purchased Bitcoin after the asset fell below the $25,000 level. According to the analyst also predicted the crypto market bottom in 2022, he had two choices before opening the new BTC position DonAlt Shares Insights On Bitcoin’s Next Price Moves Explaining the - [Japan to allow start-ups to raise funds by issuing crypto instead of stocks: Report](https://www.ltc-tv.com/blockchain/japan-to-allow-start-ups-to-raise-funds-by-issuing-crypto-instead-of-stocks-report/) - The Japanese government reportedly plans to permit start-ups to raise public funds through the issuance of crypto, assets, such as currencies, instead of stocks, local media has reported. According to Japanese financial news site Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS). So far, Japan - [Here Are Important Excerpts About Dogecoin](https://www.ltc-tv.com/crypto-news/here-are-important-excerpts-about-dogecoin/) - The much-anticipated biography of the world’s richest man, Elon Musk, recently dropped. As expected, it contains some interesting tales of Musk’s involvement with the meme coin Dogecoin and how he has contributed to its growth. Musk’s Love For Dogecoin Runs Deep Musk’s biography, authored by Walter Isaacson, contains certain important parts that highlight how much - [PUBG devs’ Web3 project, Animoca’s $20M raise, Shardbound review – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/pubg-devs-web3-project-animocas-20m-raise-shardbound-review-cointelegraph-magazine/) - Gamers recall the backlash Star Wars Battlefront II received when EA Studios locked the most prominent characters of the franchise, including Darth Vader and Luke Skywalker, behind loot boxes.A comment from Electronic Arts’ community team regarding the complaints about the situation received more than 680,000 downvotes on Reddit, setting a Guinness World Record for the - [Ethereum Set For Spring Highs After Correction: Top Analyst](https://www.ltc-tv.com/crypto-news/ethereum-set-for-spring-highs-after-correction-top-analyst/) - Ethereum (ETH) is facing a challenging period as crypto trader Bluntz predicts further bearish trends before a potential reversal. This uncertainty in Ethereum’s price has sparked discussions in the crypto community, especially in light of recent whale activity. Crypto analyst Bluntz, known for his insightful market predictions, has raised concerns about Ethereum’s short-term performance. He - [Are DAOs overhyped and unworkable? Lessons from the front lines – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/are-daos-overhyped-and-unworkable-lessons-from-the-front-lines-cointelegraph-magazine/) - Instead of expecting thousands of tokenholders to vote, JokeRace is exploring the use of incentivized “contests” that allow governors to gate voting proposals in any way possible via a highly customizable allowlist, from a fully public forum to select DAO participants. Co-founder Sean McCaffery tells Magazine: “Many DAO projects want to give non-financial utility to - [Hall of Flame – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/hall-of-flame-cointelegraph-magazine-2/) - However, she observes that her Twitter following surges during the same periods Bitget’s business activity spikes. “My followers grew during a certain period of time, from the end of last year to earlier this year. That’s a period of time when I see a singularity point where you see exponential growth, and that’s also when - [Report Reveals The Stablecoins That Have Suffered The Most De-Peg Events](https://www.ltc-tv.com/crypto-news/report-reveals-the-stablecoins-that-have-suffered-the-most-de-peg-events/) - Amidst the constant price swings and uncertainties that plague the crypto market, stablecoins have become an invaluable asset for investors and traders. However, analysts have revealed several stablecoins that have been struggling to maintain the esteemed stability reserved for these types of assets. Stablecoins Under Pressure The inherent volatility of the crypto market and the - [PEPE Price Spikes 10% Following Community Address On Rumored Rug Pull](https://www.ltc-tv.com/crypto-news/pepe-price-spikes-10-following-community-address-on-rumored-rug-pull/) - The value of PEPE, one of the most promising assets in the second quarter of 2023, has been faltering in recent weeks. According to CoinGecko data, the meme coin has been in a 33.6% price decline in the last 14 days. The PEPE price took a significant hit in the past week, tumbling by more - [Sam Bankman-Fried's life in jail, Tornado Cash's turmoil, $3B BTC..](https://www.ltc-tv.com/blockchain/sam-bankman-frieds-life-in-jail-tornado-cashs-turmoil-3b-btc/) - Top Stories This Week Tornado Cash co-founders charged with money laundering, sanctions violations United States officials pressed charges against the co-founders of crypto mixer Tornado Cash on Aug. 23. Roman Storm and Roman Semenov were both charged with conspiracy to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money-transmitting - [XRP Price Faces Immense Sell Pressure That Could Trigger 20% Decline](https://www.ltc-tv.com/crypto-news/xrp-price-faces-immense-sell-pressure-that-could-trigger-20-decline/) - Back in July when Judge Analisa Torres first declared XRP programmatic sales do not qualify as securities, the token price had rallied. However, now that the euphoria from the ruling has worn off and the United States Securities and Exchange Commission (SEC) has begun to fight back, the coin’s price is correcting back downward, prompting - [Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify](https://www.ltc-tv.com/blockchain/coinbase-circle-re-alignment-binance-fiat-hurdles-and-usdc-at-shopify/) - Global regulatory landscapes are once again proving to be a turning point for crypto companies, demanding constant adaptation to navigate shallow regulatory waters across the world, particularly in the United States.In the latest developments, Coinbase and Circle decided to dissolve the Centre Consortium in a strategic realignment driven by demand for regulatory clarity on stablecoins, - [Agency loses $55K in address poisoning scam](https://www.ltc-tv.com/blockchain/agency-loses-55k-in-address-poisoning-scam/) - The United States Drug Enforcement Administration (DEA) — the agency tasked with enforcing the country’s drug laws — lost $55,000 in seized Tether (USDT) earlier this year at the hands of a scammer.Forbes reported on Aug. 24 that in May, the agency seized over $500,000 worth of USDT from two Binance accounts it suspected of - [CZ Breaks Silence, Refutes Binance's Bitcoin Dumping Allegations To Safeguard BNB](https://www.ltc-tv.com/crypto-news/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb/) - In response to mounting speculation and accusations circulating within the crypto community, Binance CEO Changpeng Zhao (CZ) has addressed allegations of a significant sell-off of Bitcoin (BTC) by Binance. These allegations have been linked to a 7% BTC price drop. CZ took to Twitter to respond, reposting a thread by a user named ZkHopium, who - [The Jackson Hole Effect? Powell's Speech Sparks Bitcoin Fears Amid Similar 2022 Price Action](https://www.ltc-tv.com/crypto-news/the-jackson-hole-effect-powells-speech-sparks-bitcoin-fears-amid-similar-2022-price-action/) - As Jerome Powell, the Federal Reserve (Fed) Chair, prepares to return to Jackson Hole this Friday, the Bitcoin (BTC) market is experiencing a sense of anticipation due to the similarities in the current price action compared to the period leading up to last year’s speech. Key moving averages have been tested and lost over the - [SEC charges former corrections officer for role in bizarre crypto scam](https://www.ltc-tv.com/blockchain/sec-charges-former-corrections-officer-for-role-in-bizarre-crypto-scam/) - John A. DeSalvo, a former lieutenant at the New Jersey Department of Corrections, has been charged by the U.S. Securities and Exchange Commission (SEC) for orchestrating a crypto scam that specifically targeted police officers and first responders.According to the Aug. 23 announcement, DeSalvo allegedly raised $623,388 from 222 investors through sales of his own Blazar - [Bitcoin Chicken Game: Why Losing This Level Could Send BTC Back To $20,000](https://www.ltc-tv.com/crypto-news/bitcoin-chicken-game-why-losing-this-level-could-send-btc-back-to-20000/) - The price of Bitcoin has stalled again around its current levels as an explosion in downside volatility broke critical support. The cryptocurrency is trapped between major players waiting and positioning for the next move; which side will prevail in this battle? As of this writing, Bitcoin trades at $26,000 with sideways movement in the last - [Australian CBDC could be useful for payments, tokenization, says RBA](https://www.ltc-tv.com/blockchain/australian-cbdc-could-be-useful-for-payments-tokenization-says-rba/) - Australia's central bank has completed it's pilot of a central bank digital currency (CBDC) exploring use cases for a potential e-AUD, finding its useful in four main areas including enabling complex payments and asset tokenization.The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their findings in an Aug. 23 - [THORChain Introduces New Lending Protocol](https://www.ltc-tv.com/crypto-news/thorchain-introduces-new-lending-protocol/) - In a recent development, THORChain (RUNE), the liquidity network, has unveiled its lending feature, enabling users to leverage their native Layer-1 (L1) assets, such as Bitcoin (BTC) and Ethereum (ETH), to secure loans denominated in TOR, a USD equivalent stablecoin. According to the announcement, this move opens up new avenues for financial participation, allowing users - [Crypto miner Hive Digital CEO sees AI working in unison with blockchain](https://www.ltc-tv.com/blockchain/crypto-miner-hive-digital-ceo-sees-ai-working-in-unison-with-blockchain/) - Crypto mining firm Hive Blockchain sent a signal to the tech industry when it dropped “blockchain” from its namesake in July, opting to call itself Hive Digital Technologies and reflect its artificial intelligence foray.The decision is part of a wider movement from crypto miners to pivot outside of digital currency mining, amid depressed crypto prices. - [Robinhood Faces $16 Million Whale Exodus](https://www.ltc-tv.com/crypto-news/robinhood-faces-16-million-whale-exodus/) - Despite the fact that the cryptocurrency market is always changing, Dogecoin whales have become a defining force. They are responsible for big moves that send ripples through the digital world. Whale Alert, a blockchain tracking and analytics tool, recently found out about a huge transfer of 253,419,377 DOGE from Robinhood to an unknown wallet. This - [Ripple CTO clarifies on SEC appeal, highlights case complexity](https://www.ltc-tv.com/blockchain/ripple-cto-clarifies-on-sec-appeal-highlights-case-complexity/) - In a recent update on X (formerly Twitter), the chief technology officer of Ripple Labs, David Schwartz, brought attention to a recent development involving the United States Securities and Exchange Commission’s (SEC) appeal. According to Schwartz, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not - [Ethereum Whale Avoids Market Crash, Do They Know Something You Don't?](https://www.ltc-tv.com/crypto-news/ethereum-whale-avoids-market-crash-do-they-know-something-you-dont/) - While the broader cryptocurrency market recently took a nosedive, some mysterious Ethereum whale successfully escaped with $41 million worth of ETH. Days later, the price of ETH went down, along with BTC and other cryptocurrencies. Did this whale know something the rest of the market didn’t? Ethereum Whale Sells $41 Million Before Market Crash In - [SEC seeks appeal over Ripple, crypto prices plunge, EU Bitcoin ETF](https://www.ltc-tv.com/blockchain/sec-seeks-appeal-over-ripple-crypto-prices-plunge-eu-bitcoin-etf/) - Top Stories This Week Judge grants SEC request to file motion for appeal in Ripple case Judge Analisa Torres has granted a request from the United States Securities and Exchange Commission (SEC) to file a motion for leave to file an interlocutory appeal in its case against Ripple Labs. The decision allowed the SEC to - [A Resounding Victory For ETH's Security Status?](https://www.ltc-tv.com/crypto-news/a-resounding-victory-for-eths-security-status/) - According to Bloomberg, in a key development for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) is reportedly set to allow the launch of exchange-traded funds (ETFs) based on Ethereum (ETH) futures. This move marks a significant win for numerous firms that have long sought to introduce such products. While the SEC has - [Crypto grants foster innovation amid venture capital exodus](https://www.ltc-tv.com/blockchain/crypto-grants-foster-innovation-amid-venture-capital-exodus/) - As the bear market keeps slashing venture capital investments in the crypto industry, alternative funding options, such as grants, have been gaining traction as a means of supporting the community while enabling the growth of established projects. According to Blockchain Grants, at least 40 crypto projects are currently offering grants for developers working on Web3 solutions, - [Curve (CRV) To Launch On TRON Following $2 Million Investment](https://www.ltc-tv.com/crypto-news/curve-crv-to-launch-on-tron-following-2-million-investment/) - Curve Finance, a decentralized liquidity pool for stableswap and stablecoin trading, has disclosed a strategic partnership that will see the decentralized exchange (DEX) launch on the TRON network. Curve Set To Launch On Tron And BTTC Networks Decentralized Exchange, Curve Finance has solidified its position as the second largest DEX, following the announcement of its - [Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether](https://www.ltc-tv.com/blockchain/crypto-traders-suffer-1b-in-liquidations-in-sharp-sell-off-for-bitcoin-ether/) - Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance. Source link - [Why Bitcoin Will Move Away From $30,000](https://www.ltc-tv.com/crypto-news/why-bitcoin-will-move-away-from-30000/) - The Bitcoin price action has been stuck in a tight range for weeks leading to the lowest volatility levels in years. A recent report hints at a potential breakout from the current range, but which side will be favorable by the potential spike in volatility? As of this writing, Bitcoin trades at $28,950 with sideways - [Looking back at the first 7 days of Onchain Summer](https://www.ltc-tv.com/blockchain/looking-back-at-the-first-7-days-of-onchain-summer/) - It’s been an eventful week since Coinbase launched its new layer-2 network Base to the public, bringing with it a frenzy of activity from everyday crypto users, major brands, and more unfortunately, some bad actors as well. Coinbases’ Onchain Summer festival — a three-week-long campaign celebrating the launch of Base — has seemingly attracted a flock - [This Dreaded Candlestick Formation Just Printed: Bitcoin To $18k?](https://www.ltc-tv.com/crypto-news/this-dreaded-candlestick-formation-just-printed-bitcoin-to-18k/) - Bitcoin, the most valuable crypto asset, is at a critical juncture at spot rates if candlestick formation in the weekly chart is anything to go by. One analyst on X, formerly Twitter and NewsBTC Editorial Director Tony Spilotro, is sounding the alarm after picking out the bearish head-and-shoulder pattern in the weekly chart. Will Bitcoin Crack? - [Illuvium's collapsing token represents the problems with GameFi](https://www.ltc-tv.com/blockchain/illuviums-collapsing-token-represents-the-problems-with-gamefi/) - Blockchain games began as a means to effectively test technology’s true potential. However, making sure they reach that potential remains a challenge. While Illuvium was one of the most highly anticipated crypto game releases in history, the price of its ILV token has fallen significantly since 2021 — to the tune of 97%.The project’s developers - [HarryPotterObamaSonic10Inu Casts Spell On Memecoin Sector And Soars 26%, Which Token Will Follow?](https://www.ltc-tv.com/crypto-news/harrypotterobamasonic10inu-casts-spell-on-memecoin-sector-and-soars-26-which-token-will-follow/) - While Bitcoin and the crypto market experienced, HarryPotterObamaSonic10Inu and the memecoin sector are blooming. Recent data points to double-digit gains across the board for these assets, with the potential for further profits if Bitcoin and larger cryptocurrencies continue trading sideways. As of this writing, HarryPotterObamaSonic10Inu trades at $0.14, with profits of around 30% during the - [Immutable zkEVM begins testnet phase with 12 Web3 games in development](https://www.ltc-tv.com/blockchain/immutable-zkevm-begins-testnet-phase-with-12-web3-games-in-development/) - Web3 gaming platform Immutable has commenced public testing of its Immutable zkEVM in collaboration with Polygon Labs.Work on the zero-knowledge Ethereum Virtual Machine (zkEVM) network began in March after Immutable announced a partnership with Polygon Labs. Polygon’s own “holy grail” Ethereum-scaling zkEVM hit mainnet on March 27. In an Aug. 14 announcement, Immutable said its zkEVM - [Toncoin Throws Weight To Lead Weekend Top 20 With 15% Rally](https://www.ltc-tv.com/crypto-news/toncoin-throws-weight-to-lead-weekend-top-20-with-15-rally/) - The dynamic and ever-evolving blockchain community has shown a great deal of interest in and enthusiasm for Toncoin (TON). Due to its technological underpinnings and innovative answers to the long-standing problems that have plagued the field of decentralized finance, this digital money has risen to popularity very quickly. At the time of writing, TON was - [Voyager’s token transfer to Coinbase sparks sell-off suspicions](https://www.ltc-tv.com/blockchain/voyagers-token-transfer-to-coinbase-sparks-sell-off-suspicions/) - Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu (SHIB), worth roughly $2.7 million, to crypto exchange Coinbase on Aug.11, according to Etherscan.The motive behind the transactions has triggered speculation within the broader crypto community. One theory suggests a probable sell-off, given that the - [More Selling? Bankrupt Voyager Sends Millions In SHIB And ETH To Coinbase](https://www.ltc-tv.com/crypto-news/more-selling-bankrupt-voyager-sends-millions-in-shib-and-eth-to-coinbase/) - Voyager Digital has been busy in recent months as it looks to sell its remaining crypto holdings on centralized exchanges. In its latest move, the bankrupt crypto brokerage has transferred millions in SHIB and ETH to Coinbase. According to on-chain data, Voyager moved SHIB and ETH tokens to Coinbase’s ledger on Friday, August 11. Millions - [SBF ordered to jail, Bitcoin ETF delayed and SEC to appeal Ripple case](https://www.ltc-tv.com/blockchain/sbf-ordered-to-jail-bitcoin-etf-delayed-and-sec-to-appeal-ripple-case/) - Top Stories This Week Judge revokes Sam Bankman-Fried’s bail, remands him to custody FTX’s former CEO, Sam “SBF” Bankman-Fried, had his bail revoked by a federal judge in response to the release of information to The New York Times allegedly intended to intimidate witnesses. During a hearing on Aug. 11, Judge Lewis Kaplan revoked Bankman-Fried’s - [Stablecoin Soars, TVL Skyrockets, And Dapp Transactions Hit Record Highs](https://www.ltc-tv.com/crypto-news/stablecoin-soars-tvl-skyrockets-and-dapp-transactions-hit-record-highs/) - Cardano (ADA), the blockchain platform renowned for its scalability and technological approach, has made significant strides in the crypto market, as highlighted by the recently released Messari report. The report provides valuable insights into Cardano’s achievements in Q2 2023, solidifying its position as a prominent player within the industry. With a strong focus on fostering - [FC Barcelona secures $132M investment for blockchain and NFT venture](https://www.ltc-tv.com/blockchain/fc-barcelona-secures-132m-investment-for-blockchain-and-nft-venture/) - Spanish soccer club FC Barcelona has secured a 120 million euro ($132 million) investment from Libero Football Finance AG and Nipa Capital B.V. for its Web3 initiative, Barça Vision.According to the Aug. 11 announcement, FC Barcelona sold a 29.5% stake in Bridgeburg Invest, the holding company for Barça Vision, in exchange for the capital. “Barça - [Bitcoin Bears Ran Out Of Coins? What This Analyst Forecast For BTC At $30,000](https://www.ltc-tv.com/crypto-news/bitcoin-bears-ran-out-of-coins-what-this-analyst-forecast-for-btc-at-30000/) - Despite today’s macroeconomic developments, the price of Bitcoin continues to move sideways and seems likely to stay on this path. The number one crypto by market cap has seen its volatility drop to fresh lows as its price is trapped at current levels. At the time of writing, Bitcoin trades at $26,600 with sideways movement - [Aave DAO opens voting on proposals to reduce CRV exposure](https://www.ltc-tv.com/blockchain/aave-dao-opens-voting-on-proposals-to-reduce-crv-exposure/) - The Aave community is seeking to reduce its protocol exposure to the Curve DAO token, with two proposals open for voting on Aug. 10. The move comes in an attempt to limit the risk posed to the lending protocol by the large borrowing position held by Curve Finance founder Michael Egorov.Curve DAO (CRV) is the native - [Bulls Have To Keep Shielding Against Price Dip To Key Level](https://www.ltc-tv.com/crypto-news/bulls-have-to-keep-shielding-against-price-dip-to-key-level/) - The Solana price exhibited a bullish trend during the recent trading session, pushing it beyond the $24 mark. It surpassed a key resistance hindering its progress for over a week. Within the last 24 hours, SOL saw a rise of around 6%, with a similar price increase visible on the weekly chart. From a technical - [Bitcoin miner Riot Platforms trims Q2 loss to $27.7M](https://www.ltc-tv.com/blockchain/bitcoin-miner-riot-platforms-trims-q2-loss-to-27-7m/) - Colorado-based Bitcoin mining firm Riot Platforms narrowed its second quarter net loss to $27.7 million as it ramped up its Bitcoin production and reached record hash rate capacity. The crypto miner posted total revenue of $76.7 million — up 5.2% from Q2 2022 — which was primarily driven by a 27% year-on-year increase in Bitcoin - [ARK Invest’s CEO Says SEC Could Approve Multiple Spot Bitcoin ETFs Simultaneously](https://www.ltc-tv.com/crypto-news/ark-invests-ceo-says-sec-could-approve-multiple-spot-bitcoin-etfs-simultaneously/) - ARK Invest CEO Cathie Wood has sparked speculation with her recent prediction that the United States Securities and Exchange Commission (SEC) may potentially grant approval for multiple Spot Bitcoin exchange-traded funds (ETFs) simultaneously. Deviation From The Norm For Spot Bitcoin ETFs In a recent interview with Bloomberg on August 7, Cathie Wood shared her insight - [Bitstamp to suspend trading of major altcoins for US users](https://www.ltc-tv.com/blockchain/bitstamp-to-suspend-trading-of-major-altcoins-for-us-users/) - Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND) and Solana (SOL) for customers residing in the United States beginning Aug. 29.According to the Aug. 8 announcement, trading of the seven aforementioned cryptocurrencies will soon become unavailable for trading for U.S. customers due to - [Litecoin Hashrate Taps New All-Time High, Will LTC Price Follow Suit?](https://www.ltc-tv.com/crypto-news/litecoin-hashrate-taps-new-all-time-high-will-ltc-price-follow-suit/) - The Litecoin hashrate has been going up steadily over the last year. This was mainly driven by the anticipation leading up to the Litecoin halving that was slated to take place in August. Now that the halving event has come and gone, the hashrate has risen to a new all-time high, but the question is, - [China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/chinas-risky-bitcoin-court-decision-is-huobi-in-trouble-or-not-asia-express-cointelegraph-magazine/) - Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu province, identified as Mr. Xu, appears to be out of luck after a court ruled that his 341 Bitcoin loan ($9.9 million) to - [Compound (COMP) Bears Take Full Control As Price Dips 20% In 7 Days](https://www.ltc-tv.com/crypto-news/compound-comp-bears-take-full-control-as-price-dips-20-in-7-days/) - Compound (COMP), a leading player in the decentralized finance (DeFi) sector, has encountered a significant setback, witnessing a 20% decline in its price over the past week. The downward trend continued with a 3.06% decrease in the last 24 hours and an additional 0.79% shrinkage in the most recent hour, placing the current price at - [XRP price disappoints after court ruling, Deaton remains optimistic](https://www.ltc-tv.com/blockchain/xrp-price-disappoints-after-court-ruling-deaton-remains-optimistic/) - Despite a brief rally, the XRP (XRP) price did not reach anticipated levels after a recent favorable court ruling for the token. Among those with ambitious price targets for the cryptocurrency is pro-XRP lawyer John Deaton.Deaton addressed a post from a user named Moon Lambo on X (formerly Twitter), who criticized complaints from certain investors - [Who Was The Better Performer In H1 2023](https://www.ltc-tv.com/crypto-news/who-was-the-better-performer-in-h1-2023/) - A new report has shown investors who held Bitcoin actually outperformed most cryptocurrency funds in the first half of 2023. This is because, between January and June, Bitcoin gained over 80% in value. Crypto funds, on the other hand, on the other hand, returned only about 15.2% profits on average. While still a positive return, - [Alchemix reports return of all stolen funds from Curve pools](https://www.ltc-tv.com/blockchain/alchemix-reports-return-of-all-stolen-funds-from-curve-pools/) - Lending platform Alchemix has announced the return of all stolen funds by the Curve finance hacker. The attack took place on July 30 and resulted in over $61 million in cryptocurrencies drained, including $13.6 million from Alchemix’s alETH-ETH pool. Along with Alchemix, JPEGd’s pETH-ETH pool saw outflows of $11.4 million, and Metronome’s sETH-ETH pool was drained - [Coinbase Research Expert Decodes Latest Crypto And Finance Market Trends](https://www.ltc-tv.com/crypto-news/coinbase-research-expert-decodes-latest-crypto-and-finance-market-trends/) - Coinbase’s Head of Research, David Duong, has shared his insights on the recent market movements in traditional finance and crypto. He believes that current macro conditions suggest a temporary pause in the recent strong USD trend, which should support the crypto market. Key Crypto & Finance Movements Duong notes that the recent carry trades upset - [Curve-Vyper exploit: The whole story so far](https://www.ltc-tv.com/blockchain/curve-vyper-exploit-the-whole-story-so-far/) - Curve Finance pools were targeted by hackers in a reentrancy attack on July 30, sending shockwaves across the DeFi ecosystem. Cointelegraph compiled the week's events. Source link - [Ethereum Price Could Break Above $2,000 If This Happens](https://www.ltc-tv.com/crypto-news/ethereum-price-could-break-above-2000-if-this-happens/) - Ethereum price is currently still below $2,000 but this could quickly change if some things were to come to pass. Some of the most notable things that have been going on for the cryptocurrency include the multiple exchange-traded funds (ETFs) filings that have been made to the United States Securities and Exchange Commission (SEC). When - [Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack](https://www.ltc-tv.com/blockchain/curve-metronome-and-alchemix-offering-10-bug-bounty-on-vyper-hack/) - Decentralized finance (DeFi) platforms Curve, Metronome and Alchemix have jointly announced an initiative to recover stolen funds from the recent exploits of Curve’s pools.According to on-chain data, the protocols are offering a 10% bounty of the stolen funds as a reward, urging those responsible for the exploit to step forward and return the remaining 90%. - [Why Isn't Bitcoin Outperforming Most Risk Assets? A Market Conundrum](https://www.ltc-tv.com/crypto-news/why-isnt-bitcoin-outperforming-most-risk-assets-a-market-conundrum/) - Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has recently suggested that Bitcoin’s (BTC) underperformance compared to the stock market may be a warning sign for investors. BTC’s Failure To Outshine In A Bull Market McGlone notes that Bitcoin has declined compared to the Nasdaq 100 stock index since its 2021 peak and April bounce. - [Curve emergency DAO terminates rewards for hack-related pools](https://www.ltc-tv.com/blockchain/curve-emergency-dao-terminates-rewards-for-hack-related-pools/) - The Curve Finance lending protocol has terminated governance token rewards for select liquidity pools affected by the July 30 Curve exploit and July 6 Multichain exploit, according to an Aug. 2 social media post from a member of the protocol’s governing body. The ending of rewards was carried out by the Curve emergency decentralized autonomous organization - [Lightspark CEO Outlines The Challenges Of Building On The Bitcoin Lightning Network](https://www.ltc-tv.com/crypto-news/lightspark-ceo-outlines-the-challenges-of-building-on-the-bitcoin-lightning-network/) - The CEO of Lightspark, David Marcus, has come forward to share his experiences on building atop the Bitcoin Lightning Network. Marcus noted the challenges the Lightning Network held for builders, stating that it was incredibly difficult and complex to develop software around the protocol. The Bitcoin Lightning Network And The Challenges It Holds for Builders - [European digital asset manager CoinShares’ revenue up 33% in Q2](https://www.ltc-tv.com/blockchain/european-digital-asset-manager-coinshares-revenue-up-33-in-q2/) - CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue of 20.3 million pounds ($25.9 million) in the second quarter of 2023, a 33% increase compared wit the prior year’s quarter.According to the Aug. 1 announcement, the firm’s 25% year-over-year decline in asset management fees - [We need to fundamentally change how smart contracts operate](https://www.ltc-tv.com/blockchain/we-need-to-fundamentally-change-how-smart-contracts-operate/) - Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption.Being overzealous about any kind of innovation can also contribute to its stalling, or even failure if other factors don’t align. The mentality of assuming new technology - [Litecoin Sharks Buy More Than 200,000 LTC Ahead Of Wednesday’s Halving](https://www.ltc-tv.com/crypto-news/litecoin-sharks-buy-more-than-200000-ltc-ahead-of-wednesdays-halving/) - Over the last few months, Litecoin has emerged as one of the top trending cryptocurrencies due to its halving event happening in August. As this event drew closer, crypto investors began filling up their LTC bags in preparation for what is expected to be a very bullish event. And now, with less than two days - [Here's How Long The Majority Of New Ethereum Wallets Are Used Before They're Dumped](https://www.ltc-tv.com/crypto-news/heres-how-long-the-majority-of-new-ethereum-wallets-are-used-before-theyre-dumped/) - Ethereum is currently the leader in decentralized finance, non-fungible tokens, and smart contracts, and it continues to maintain its position as the dominant cryptocurrency in the altcoin market. This has led to Ethereum having the highest rate of creation of new addresses when compared to the other blockchains. However, data suggests most of these new - [Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors](https://www.ltc-tv.com/blockchain/pro-xrp-lawyer-claims-sec-prioritizes-corporate-capitalism-over-investors/) - Pro-XRP lawyer, John Deaton, has said that the actions taken by the United States Securities and Exchange Commission (SEC) against the crypto industry are driven by a broader motive to safeguard corporate capitalism rather than prioritizing the protection of investors.Deaton highlighted what he views as an assault on cryptocurrencies, particularly in relation to the SEC’s - [US crypto bills on the move, Worldcoin launches, Russia's CBDC...](https://www.ltc-tv.com/blockchain/us-crypto-bills-on-the-move-worldcoin-launches-russias-cbdc/) - Top Stories This Week Crypto bills pass congressional committee in ‘huge win’ for US crypto A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms in the country. On July 26, lawmakers voted in favor of the Financial Innovation and Technology for the - [Court Filing Suggests FTX’s $2 Billion Lawsuit Against Genesis Is Coming To An End](https://www.ltc-tv.com/crypto-news/court-filing-suggests-ftxs-2-billion-lawsuit-against-genesis-is-coming-to-an-end/) - The legal tussle between bankrupt crypto exchange FTX and crypto lender Genesis seems to be coming to a resolution, a recent court filing reveals. According to the letter filed yesterday at the US bankruptcy court for the Southern District of New York, both firms – who happened to have filed for bankruptcy – have agreed - [Cup And Handle Pattern Emerges In XRP Chart: What Does It Mean?](https://www.ltc-tv.com/crypto-news/cup-and-handle-pattern-emerges-in-xrp-chart-what-does-it-mean/) - Despite a favorable ruling as a non-security token, XRP had experienced a correction for over a week and a half, losing bullish momentum after reaching a yearly high of $0.94. It is trading above the $0.70 mark, with the $0.66 level acting as a support. Over the past 24 hours, XRP has exhibited sideways trading - [Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined](https://www.ltc-tv.com/blockchain/another-week-of-defi-hacks-but-zk-proof-development-heats-up-finance-redefined/) - Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was dominated by exploits and hacks, with three DeFi platforms losing nearly $39 million. Alphapo’s hot wallets were exploited for over $32 million, - [Dogecoin Falls While Others Rally, Is It Decoupling From The Market?](https://www.ltc-tv.com/crypto-news/dogecoin-falls-while-others-rally-is-it-decoupling-from-the-market/) - Over the last day, the majority of the crypto market has been rallying alongside Bitcoin. But Dogecoin seems to have a mind of its own as it has gone in the opposite direction. The meme coin started out Thursday with a decline, which follows the trend of DOGE deviating from the general crypto market trend - [Optimism transaction volumes surpass Abitrum’s for the first time in six months](https://www.ltc-tv.com/blockchain/optimism-transaction-volumes-surpass-abitrums-for-the-first-time-in-six-months/) - The Optimism network has surpassed Arbitrum in transaction volume for the first time in six months, according to July 27 data from blockchain analytics platform Artemis. Both networks are layer 2s of Ethereum that use optimistic rollup technology, which compresses and batches transactions before submitting them to Ethereum, potentially lowering transaction fees.Optimism fell behind Arbitrum - [ERC-20 inventor discusses origins, new blockchains, BRC-20 and more](https://www.ltc-tv.com/blockchain/erc-20-inventor-discusses-origins-new-blockchains-brc-20-and-more/) - In 2018, Ethereum lead developer Fabian Vogelsteller contacted the community for a new standard for smart contracts he created alongside co-founder Vitalik Buterin. Dubbed ERC-20, Vogelsteller, at the time, only wished for input regarding the novel idea. Little did he know that ERC-20 would ignite a wave of initial coin offerings (ICOs) shortly after its - [Researcher envisions smart education system built with blockchain, DAOs, NFTs and AI](https://www.ltc-tv.com/blockchain/researcher-envisions-smart-education-system-built-with-blockchain-daos-nfts-and-ai/) - Mehmet Fırat, a researcher at Anadolu University in Turkey, recently published research envisioning a multi-tech solution to the problems challenging the traditional educational system called the “Smart Open Education Ecosystem” (SOEE).The research combines blockchain, decentralized autonomous organizations (DAOs), nonfungible tokens (NFTs), multimodal learning analytics and artificial intelligence (AI) to form a self-contained educational ecosystem.Per a - [Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets](https://www.ltc-tv.com/blockchain/arkham-intel-exchange-approves-5k-bounty-for-info-on-do-kwon-and-terra-wallets/) - A platform aimed at “deanonymizing the blockchain” has accepted its first submission concerning information on wallet addresses connected to Terraform Labs and its co-founder, Do Kwon.In a July 24 announcement, Arkham Intel Exchange said it had accepted a submission from two “on-chain sleuths,” resulting in a bounty payment of 9,519.2625 Arkham (ARKM) — roughly $5,000 at - [Alphapo hot wallets hacked for over $31 million](https://www.ltc-tv.com/blockchain/alphapo-hot-wallets-hacked-for-over-31-million/) - Crypto payment platform Alphapo had at least $31 million drained from its hot wallets on Ether (ETH), TRON (TRX), and Bitcoin (BTC), security experts reported on July 22. Since the number of Bitcoins stolen is uncertain, the figures may be even higher. According to on-chain sleuth ZachXBT, the funds have been stolen on the Ethereum network, - [SEC reviews Ripple ruling, US bill seeks control over DeFi, and...](https://www.ltc-tv.com/blockchain/sec-reviews-ripple-ruling-us-bill-seeks-control-over-defi-and/) - Top Stories This Week Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration U.S. Securities and Exchange Commission Chair Gary Gensler has commented publicly about the recent ruling on the agency’s suit against Ripple, saying the SEC is “still looking at it and assessing that opinion.” Gensler declined to comment further - [Crypto VC funding tumbles as economic uncertainty scares off investors](https://www.ltc-tv.com/blockchain/crypto-vc-funding-tumbles-as-economic-uncertainty-scares-off-investors/) - The month of June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million raised in 62 individual deals, according to data from the Cointelegraph Research Venture Capital Database. While the United States Federal Reserve halted interest rate hikes in June, the macroeconomic climate remains unchanged due to geopolitical uncertainties and - [Aptos’ new user growth hits 900% after integration with social media app Chingari](https://www.ltc-tv.com/blockchain/aptos-new-user-growth-hits-900-after-integration-with-social-media-app-chingari/) - The Aptos blockchain has seen a surge of activity following its integration with Chingari, an Indian social media platform previously powered by Solana. According to on-chain data, the number of new users jumped 900% over the previous month, up to nearly 90,000 onboarding on-chain daily. Chingari started migrating to Aptos on July 6, seeking an enhanced - [Scientists warn the ‘quantum revolution’ may stagnate economic growth](https://www.ltc-tv.com/blockchain/scientists-warn-the-quantum-revolution-may-stagnate-economic-growth/) - Quantum computing technologies are slowly beginning to trickle out of the laboratory setting and into commercial industries. While it remains to be seen when mainstream adoption will occur, a number of companies are currently engaged in experiments and trials with paying clients to develop quantum computing solutions. According to a pair of researchers from the University - [Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO](https://www.ltc-tv.com/blockchain/centralized-exchanges-will-become-gateways-for-defi-dydx-foundation-ceo/) - The dYdX Foundation, an independent decentralized finance (DeFi) nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts dYdX ahead of schedule for the impending launch of the v4 mainnet, something the foundation claims represents complete decentralization for dYdX.As Cointelegraph recently reported, - [Asia Express – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/asia-express-cointelegraph-magazine-7/) - Decentralized Web 3 cross-chain router allegedly under control of one-man Imagine a system where all your money is controlled by one man and his family and when there is cause for concern, the propaganda machine immediately goes ‘brrr’ to put on a facade that everything is just fine despite some alarming withdrawls. Sounds more like - [Celo blockchain proposes return to Ethereum ecosystem, transition to L2](https://www.ltc-tv.com/blockchain/celo-blockchain-proposes-return-to-ethereum-ecosystem-transition-to-l2/) - CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution. According to a proposal discussion on Celo's governance forum, the transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain, eliminating - [XRP is not a security, Celsius CEO arrested on criminal charges...](https://www.ltc-tv.com/blockchain/xrp-is-not-a-security-celsius-ceo-arrested-on-criminal-charges/) - Top Stories This Week Judge rules XRP is not a security in SEC’s case against Ripple Ripple Labs scored a victory in a district court in New York on July 13, with Judge Analisa Torres ruling partially in favor of the company in a case brought forth by the U.S. Securities and Exchange Commission (SEC) - [Token hoarders defeat the purpose of most DAOs: Study](https://www.ltc-tv.com/blockchain/token-hoarders-defeat-the-purpose-of-most-daos-study/) - A pair of researchers from the University of Texas at Austin and Princeton University conducted a study to determine how tokenization affects decentralization in decentralized autonomous organizations (DAOs). Their findings indicate that many of the challenges to autonomy are related to the reasons individual users have for participating. According to their research, the larger a DAO - [Hidden as colors, crypto seed phrases could hide in plain sight, says dev](https://www.ltc-tv.com/blockchain/hidden-as-colors-crypto-seed-phrases-could-hide-in-plain-sight-says-dev/) - A newly released tool called “BIP39 Colors” is turning Bitcoin (BTC) and other crypto wallet seed phrases into colors — giving users a potentially new way to hold their funds in cold storage.The developer, only known as Entero Positivo — Spanish for “positive integer” — released BIP39 Colors on June 25, which helps translate a 12- or - [US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure](https://www.ltc-tv.com/blockchain/us-government-moves-nearly-10k-bitcoin-worth-over-300m-related-to-silk-road-seizure/) - A cryptocurrency wallet associated with the United States Department of Justice (DOJ) moved approximately 9,825.25 Bitcoin worth around $299 million in a series of transactions on July 12. It’s unclear at this time whether the transactions, which appear to have ultimately propagated to at least 101 new wallets, were sent to exchange addresses for sale or remain - [Experiments show AI could help to audit smart contracts, but not yet](https://www.ltc-tv.com/blockchain/experiments-show-ai-could-help-to-audit-smart-contracts-but-not-yet/) - While artificial intelligence (AI) has already transformed a myriad of industries, from healthcare and automotive to marketing and finance, its potential is now being put to the test in one of the blockchain industry’s most crucial areas — smart contract security.Numerous tests have shown great potential for AI-based blockchain audits, but this nascent tech still - [Asia Express – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/asia-express-cointelegraph-magazine-6/) - Chinese president shills CBDCs On July 4, Xinhua News Agency, China’s state broadcaster, published a transcript of President Xi Jinping’s address to the 2023 Shanghai Cooperation Organisation (SCO) Summit. The SCO is one of the world’s largest regional organizations for political, economic and security cooperation, and was established by China and Russia in 2001. During - [XRPL grows in Q2 despite SEC lawsuit concerns: Report](https://www.ltc-tv.com/blockchain/xrpl-grows-in-q2-despite-sec-lawsuit-concerns-report/) - Despite lingering concerns over the Ripple vs. SEC lawsuit, The XRP Ledger (XRPL) has demonstrated significant growth in multiple areas of its protocol during the second quarter of 2023, according to a recent report from crypto analytics platform Messari.The report shows that the circulating market cap of XRP (XRP) has increased by 42.5% year-to-date. The growth was - [Coinbase Knew It May Have Been Violating the Law Prior to the SEC's Lawsuit, Regulator Claims](https://www.ltc-tv.com/blockchain/coinbase-knew-it-may-have-been-violating-the-law-prior-to-the-secs-lawsuit-regulator-claims/) - "Coinbase, a multi-billion-dollar entity advised by sophisticated legal counsel, argues it was unaware that its conduct risked violating the federal securities laws, and suggests that by approving Coinbase’s registration statement in 2021 the SEC confirmed the legality of Coinbase’s underlying business activities – at that time and for all time," the SEC said in its - [Open-source advocates launch OP Stack testnet to fund public goods](https://www.ltc-tv.com/blockchain/open-source-advocates-launch-op-stack-testnet-to-fund-public-goods/) - Layer-2 blockchain Public Goods Network launched a testnet on July 7, promising to spend “the vast majority of net sequencer fees” on public goods instead of paying them out to the development team or token holders, according to an announcement from the network’s developers. In economics, a “public good” is a good that cannot be - [Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit](https://www.ltc-tv.com/blockchain/multichain-mpc-bridge-sees-100m-outflows-sparking-fears-of-exploit/) - Abnormally large outflows from the Multichain MPC bridge platform on July 6 have sparked fears that an exploit could be underway. Over $102 million worth of crypto has been withdrawn from Multichain’s Fantom bridge on the Ethereum side, as well as $666,000 from Dogechain and $5 million from Moonriver.Multichain likely hacked. Exit all multichain assets. - [Crypto Thief, Sega blockchain game, AI games rights fight — Web3 Gamer – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/crypto-thief-sega-blockchain-game-ai-games-rights-fight-web3-gamer-cointelegraph-magazine/) - Valve allows AI content on Steam Game developers can use AI-generated content in games listed on Steam, but only if it isn’t generated using copyright-infringing content. That’s the official line from Valve, the creator of game publishing platform Steam, which it made in response to a June Reddit post that’s been making the rounds about - [Crypto adoption fueled by ZK-rollups](https://www.ltc-tv.com/blockchain/crypto-adoption-fueled-by-zk-rollups/) - Cointelegraph is launching Zero Barriers, a special six-part podcast series in collaboration with StarkWare. The series, which features as part of the Decentralize with Cointelegraph podcast, will explore the evolving world of zero-knowledge rollups (ZK-rollups) and the next steps for the adoption of blockchain technology.Throughout the series, three different hosts from the Cointelegraph team will - [Credit Suisse and Swiss Football Association To Release NFT Collection Supporting Womens’ Football](https://www.ltc-tv.com/blockchain/credit-suisse-and-swiss-football-association-to-release-nft-collection-supporting-womens-football/) - Additionally, the NFTs will be for sale across three packages, ranging from 150 to 10,000 Swiss Franc – about $167 to $11,000. The packages come with corresponding benefits including a physical artwork counterpart, a meet and greet with the players and a signed jersey. Source link - [Not Mining Neurai (XNA) With Your GPUs, You Probably Should](https://www.ltc-tv.com/mining-news/not-mining-neurai-xna-with-your-gpus-you-probably-should/) - 3 Jul 2023 Lately there have been a number of PoW-based Layer 1 crypto projects that were doing quite decent for mining with GPUs such as Kaspa (KAS), Radiant (RXD), IronFish (IRON) that are all now mineable on FPGAs and KAS even on ASIC miners, so, mining on GPUs kind of makes no sense for - [Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed](https://www.ltc-tv.com/blockchain/binance-conducts-11th-lunc-burn-2-65-billion-tokens-destroyed/) - Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round.The total LUNC tokens burned by Binance now exceed 35.5 billion, with the community’s burn surpassing 68 billion. Traders have reacted positively to the burn, with LUNC seeing a 3% price increase.Based on a transaction executed on - [SEC calls ETF filings inadequate, Binance loses euro partner...](https://www.ltc-tv.com/blockchain/sec-calls-etf-filings-inadequate-binance-loses-euro-partner/) - Top Stories This Week US SEC deems spot Bitcoin ETFs filings as inadequate There may be a longer wait for a spot Bitcoin exchange-traded fund (ETF) in the United States, as the Securities and Exchange Commission labeled investment managers’ recent applications inadequate. The SEC told the Nasdaq and the Chicago Board Options Exchange that their - [FedNow “early adopter” list contains no blockchains, but some may integrate later](https://www.ltc-tv.com/blockchain/fednow-early-adopter-list-contains-no-blockchains-but-some-may-integrate-later/) - The Federal Reserve’s upcoming instant payment system, FedNow, released its list of certified “early adopters” on June 29. The organizations on the list have been certified as ready to connect with the platform when it launches in late July. No blockchain networks are on the list, despite at least two having previously announced that they - [Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs](https://www.ltc-tv.com/blockchain/crypto-offers-africans-a-lifeline-from-inflation-and-corruption-say-execs/) - While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and "corruption," executives told Cointelegraph.Speaking to Cointelegraph, Chris Maurice, founder and CEO of Yellow Card — Africa’s largest cryptocurrency exchange — said crypto in Africa “is growing - [Maple Finance announces direct lending to fill the void left by BlockFi, Celsius](https://www.ltc-tv.com/blockchain/maple-finance-announces-direct-lending-to-fill-the-void-left-by-blockfi-celsius/) - Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace services previously provided by Celsius, BlockFi and other now-bankrupt lenders.The first lending pool will be available sometime in July, the company stated.Introducing Maple - [Worldcoin confirms it is the cause of mysterious Safe deployments](https://www.ltc-tv.com/blockchain/worldcoin-confirms-it-is-the-cause-of-mysterious-safe-deployments/) - Worldcoin is the cause of a slew of Safe deployments to the Optimism (OP) network over the past week, according to a June 27 social media post from Tiago Sada, head of product for Worldcoin developer Tools for Humanity. The deployments had caused a stir on Twitter, as users wondered who was causing them and - [Adenasoft launches new crypto exchange white label solution: ACE » CryptoNinjas](https://www.ltc-tv.com/crypto-news/adenasoft-launches-new-crypto-exchange-white-label-solution-ace-cryptoninjas/) - Adenasoft, a South Korea-based IT/software company, has just announced the launch of ACE, their new SaaS product designed for cryptocurrency exchanges. ACE fully prepares businesses for exchange operations quickly, taking less than a month to get up and running. ACE offers a comprehensive suite of features that enables crypto exchanges to streamline their operations and - [Optimism network transactions surged 67% following Bedrock upgrade — Nansen](https://www.ltc-tv.com/blockchain/optimism-network-transactions-surged-67-following-bedrock-upgrade-nansen/) - Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing less than 300,000 transactions per day before the upgrade, but this figure increased to over 550,000 by the middle of June.Since Optimism's Bedrock upgrade on - [Asia Express – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/asia-express-cointelegraph-magazine-5/) - Huobi co-founder sues own company for copyright infringement According to local news reports on June 21, Leon Lin Li, former co-founder of cryptocurrency exchange Huobi Global, has filed a copyright infringement lawsuit against the company in Hong Kong. Li claims that despite selling his majority stake to an entity controlled by Chinese blockchain personality Justin - [Bitcoin's ‘Great Accumulation,’ Binance.US resumes withdrawals...](https://www.ltc-tv.com/blockchain/bitcoins-great-accumulation-binance-us-resumes-withdrawals/) - Top Stories This Week ‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss Recently renewed optimism for an approved Bitcoin spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits. Over the past week, Fidelity, Invesco, WisdomTree and Valkyrie have followed investment giant BlackRock in applying for a - [The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange, and other news](https://www.ltc-tv.com/blockchain/the-race-for-a-bitcoin-spot-etf-wall-streets-new-crypto-exchange-and-other-news/) - The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s recent application, with both former applicants and new players seeking permission from the U.S. Securities and Exchange Commission (SEC) to list a crypto ETF.Although it’s unclear whether the SEC will finally allow a Bitcoin ETF, - [Cryptopay EU card provider loses license, company says card funds are safe](https://www.ltc-tv.com/blockchain/cryptopay-eu-card-provider-loses-license-company-says-card-funds-are-safe/) - The European Union debit card provider for Cryptopay has lost its Electronic Money Institution (EMI) license, according to a June 22 email sent to its customers. The company recommends to EU cardholders that they should immediately spend or transfer funds from their cards. Funds held in the app’s accounts are safe, Cryptopay told Cointelegraph.Cryptopay had - [Bitcoin think tank rejects science behind ‘limited adoption problem’ paper](https://www.ltc-tv.com/blockchain/bitcoin-think-tank-rejects-science-behind-limited-adoption-problem-paper/) - A team of researchers from the Bitcoin Policy Institute, a nonprofit think tank, have roundly rejected the conclusions reached in a 2022 paper claiming that Bitcoin has an intrinsic scaling problem that will lead to limited adoption in the future.According to the Bitcoin Policy Institute’s researchers, the original paper, dubbed “Bitcoin’s Limited Adoption Problem,” is - [The ETHphoria Vault by Pods » CryptoNinjas](https://www.ltc-tv.com/crypto-news/the-ethphoria-vault-by-pods-cryptoninjas/) - This week, the team of Pods, a provider of structured products for crypto assets, unveiled its latest offering – the ETHphoria Vault. This innovative yield strategy is designed explicitly for ETH enthusiasts who are bullish about its future prospects and want to earn even more from increasing prices. ETHphoria is a low-risk, principal-protected strategy designed - [Polygon co-founder proposes zkEVM ‘validium’ upgrade to improve security](https://www.ltc-tv.com/blockchain/polygon-co-founder-proposes-zkevm-validium-upgrade-to-improve-security/) - Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a June 20 forum post. If the upgrade is implemented, the new version will rely on zero-knowledge proofs to increase security.HUGE UPDATE ON #Polygon Polygon may go through some huge changes in near future. @MihailoBjelic shared - [First Orders of Ice River Kaspa (KAS) ASIC Miners Are Being Delivered](https://www.ltc-tv.com/mining-news/first-orders-of-ice-river-kaspa-kas-asic-miners-are-being-delivered/) - 20 Jun 2023 Miners have started reporting that they are receiving their orders for the Kaspa (KAS) ASIC miners from Icer River, a newcomer on the ASIC miner market that although new has managed to deliver their dedicated KAS ASIC mining hardware to users first. It is mostly their lower power models KS0 and KS1 - [Web3 usernames may see greater adoption due to recent advancements](https://www.ltc-tv.com/blockchain/web3-usernames-may-see-greater-adoption-due-to-recent-advancements/) - Ever since the Ethereum Name Service (ENS) was launched in 2017, Web3 users have been able to replace the long strings of characters that make up a crypto address with a more easily memorized blockchain username or Web3 domain name. For example, Ethereum (ETH) users can now send crypto to the network’s founder, Vitalik Buterin, - [Apple to fix gaming? SEC hates Metaverse, Logan Paul trolled on Steam – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/apple-to-fix-gaming-sec-hates-metaverse-logan-paul-trolled-on-steam-cointelegraph-magazine/) - Making in-game currencies securities is a new twist in the mess that is bridging the gap between virtual gaming currencies and real-life money. It’s not a new thing. The debate over the legal status of in-game currencies precedes even the invention of Bitcoin. Second Life got its first millionaire in 2006, and the question of - [Gary Gensler's job at risk, BlackRock's first spot Bitcoin ETF...](https://www.ltc-tv.com/blockchain/gary-genslers-job-at-risk-blackrocks-first-spot-bitcoin-etf/) - Top Stories This Week US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler United States Representative Warren Davidson has introduced the “SEC Stabilization Act” into the House of Representatives. One of the bill’s main provisions is to fire Securities and Exchange Commission (SEC) Chair Gary Gensler. The bill would remove Gensler from office and - [On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project](https://www.ltc-tv.com/blockchain/on-chain-sleuth-zachxbt-sued-for-libel-after-claiming-plaintiff-drained-funds-from-project/) - Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a June 16 social media post. According to the post, Jeffrey Huang, known as “MachiBigBrother” on Twitter, has accused ZachXBT of damaging his reputation through false allegations.MachiBigBrother also posted an announcement stating that he is suing - [Asia Express – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/asia-express-cointelegraph-magazine-4/) - Hong Kong lays out the red carpet for crypto exchanges While some jurisdictions (cough: America) have adopted a regulation-by-enforcement approach toward crypto, others are doing the opposite. According to a June 15 report from The Financial Times, the Hong Kong Monetary Authority is pressuring major financial institutions to accept crypto clients. But it’s not just - [Haru Invest files criminal complaint against consignment operator](https://www.ltc-tv.com/blockchain/haru-invest-files-criminal-complaint-against-consignment-operator/) - B&S Holdings, formerly known as Aventus, a consignment operator, has been alleged by South Korean yield platform Haru Invest of submitting fraudulent management reports containing “false information” and deceiving the company and its users.Notice to Investors (June 14, 2023): https://t.co/RN01gswTfq pic.twitter.com/IbYb9dA3oP— Haru Invest (@haruinvest) June 14, 2023 In a blog post, Haru Invest shared that - [North Korean hackers swipe over $100M from Atomic Wallet users](https://www.ltc-tv.com/blockchain/north-korean-hackers-swipe-over-100m-from-atomic-wallet-users/) - Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto community, as Atomic Wallet’s fundamental premise relies on users assuming full responsibility for storing their assets securely. The losses from the Atomic Wallet heist have now - [Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet](https://www.ltc-tv.com/blockchain/polygon-2-0-introduces-upgrades-to-tap-into-value-layer-of-internet/) - On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of the internet, which the company says will allow users “to create, exchange, and program value.”1/ Our vision for Polygon is simple: to build the Value Layer of the Internet.The Internet allows anyone to create and - [Crypto traders can mitigate risk with PODS' FUD Vault](https://www.ltc-tv.com/crypto-news/crypto-traders-can-mitigate-risk-with-pods-fud-vault/) - The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a mechanism to hedge against significant price drops in ETH while preserving the deposited principal. Who is - [SOL is not a security, says the Solana Foundation](https://www.ltc-tv.com/blockchain/sol-is-not-a-security-says-the-solana-foundation/) - The Solana Foundation took to Twitter to address for the first time the U.S. Securities and Exchange Commission's classification of its native token, Solana (SOL), as a security. "The Solana Foundation disagrees with the characterization of SOL as a security," reads a statement from June 10, noting that it welcomes the engagement of policymakers to achieve - [Binance, Coinbase head to court; the SEC labels 67 crypto-securities](https://www.ltc-tv.com/blockchain/binance-coinbase-head-to-court-the-sec-labels-67-crypto-securities/) - Top Stories This Week U.S. SEC sues Binance and Coinbase amidst crypto crackdown Binance and Coinbase have been targeted in a new round of lawsuits by the U.S. Securities and Exchange Commission (SEC) against crypto businesses. The regulator pressed 13 charges against Binance on June 5, including those involving unregistered offerings and sales of tokens, - [Crypto.com suspends US institutional exchange service](https://www.ltc-tv.com/blockchain/crypto-com-suspends-us-institutional-exchange-service/) - Crypto.com will no longer serve institutional clients in the United States after announcing the suspension of the service starting June 21.The Singapore-based cryptocurrency exchange cited limited demand from institutional customers as a primary reason for the move, which has been exacerbated by testing prevailing market conditions. A statement from Crypto.com noted that the platform’s institutional - [Asia Express – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/asia-express-cointelegraph-magazine-3/) - Alibaba NFTs… censored? On June 8, AliExpress, the online retail subsidiary of Chinese tech conglomerate Alibaba, announced that it had joined forces with Web3 developer The Moment3! to create a series of NFTs based on shopping themes. The upcoming collection will feature 5,555 NFTs and is scheduled to debut on June 25, 2023. Less than - [Cumberland Labs unveils SaaS API for public blockchains and DeFi protocols](https://www.ltc-tv.com/blockchain/cumberland-labs-unveils-saas-api-for-public-blockchains-and-defi-protocols/) - Cumberland Labs, the incubator arm of Chicago-based crypto trading company Cumberland has launched the beta version of a new API tool that could simplify the arduous task of connecting to blockchain and decentralized finance protocols.Cumberland Labs told Cointelegraph that the Cumberland, the trading unit of DRW Holdings LCC used to invest considerable time connecting to - [What is DeFi Returns? A new way of DeFi Investing » CryptoNinjas](https://www.ltc-tv.com/crypto-news/what-is-defi-returns-a-new-way-of-defi-investing-cryptoninjas/) - DeFi Returns brings comprehensive up-to-date information on DeFi strategies and protocols, to easily compare and analyze their performance. Getting the most reliable data source for historical yield on DeFi, to help users make informed decisions when investing in the ecosystem. All data displayed is sourced from the protocol’s smart contracts directly. The new DeFi Returns - [Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees](https://www.ltc-tv.com/blockchain/optimism-successfully-completes-bedrock-hard-fork-reducing-deposit-times-layer-1-fees/) - The Optimism network concluded its “Bedrock” upgrade on June 7, reducing deposit times, lowering layer-1 fees and enacting additional security features, according to an announcement from network developer OP Labs. The upgrade is part of a series of reforms the developer says will help create a “Superchain” of scaleable Web3 networks based on Optimism’s OP - [Tether invests in El Salvador’s $1B renewable energy project](https://www.ltc-tv.com/blockchain/tether-invests-in-el-salvadors-1b-renewable-energy-project/) - Stablecoin issuer Tether has announced that it will be partnering with Bitcoin-friendly nation El Salvador to invest in a planned $1 billion dollar renewable energy initiative.The Central American country continues efforts to drive Bitcoin (BTC) adoption after becoming the first nation to make BTC legal tender some three years ago. The latest is a renewable power - [GTA 6 crypto rumors, Dr Who/Sandbox, Thai tourist NFTs review – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/gta-6-crypto-rumors-dr-who-sandbox-thai-tourist-nfts-review-cointelegraph-magazine/) - Grand Theft Auto VI crypto rumors Rumors that the upcoming Grand Theft Auto VI will incorporate cryptocurrency and nonfungible tokens have once again surfaced, sparking speculation among fans. Posts shared on Twitter suggest that GTA 6 will be a play-to-earn game and that in-game items such as cars and weapons will be NFTs. GTA creator - [Musk's alleged price manipulation, the Satoshi AI chatbot and more](https://www.ltc-tv.com/blockchain/musks-alleged-price-manipulation-the-satoshi-ai-chatbot-and-more/) - Top Stories This Week Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit A group of Dogecoin investors has requested leave to amend a class-action lawsuit against tech entrepreneur Elon Musk, alleging he is responsible for insider trading of DOGE and asserting the token is a security under U.S. Securities and Exchange - [Evertas expands crypto insurance offerings to include mining and raises limits](https://www.ltc-tv.com/blockchain/evertas-expands-crypto-insurance-offerings-to-include-mining-and-raises-limits/) - Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio.The insurer’s per-policy coverage limits on custodial crypto assets will increase to $420 million, “nearly tripling the amount of risk transfer previously available to blockchain focused projects," according to an announcement. It’s - [Asia Express – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/asia-express-cointelegraph-magazine-2/) - RMB stablecoin team allegedly arrested On May 31, local news outlet PANewsLab reported that the developers for the offshore Chinese RMB and Hong Kong dollar stablecoin issuer CNHC had allegedly lost contact or had been taken away by law enforcement officials. A photo shows what appears to be an empty office building at CNHC’s Shanghai - [Gate.io denies liquidity problems after Multichain CEO goes missing](https://www.ltc-tv.com/blockchain/gate-io-denies-liquidity-problems-after-multichain-ceo-goes-missing/) - Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations or withdrawals as rumored.” The statement comes after numerous Twitter channels had alleged that the exchange was experiencing insolvency due to an alleged connection between it and the cross-chain router protocol Multichain (MULTI).The Gate.io team - [Nansen lays off 30% of its workforce](https://www.ltc-tv.com/blockchain/nansen-lays-off-30-of-its-workforce/) - Blockchain analytics platform Nansen has announced the trimming of its workforce by 30%. On May 30, Nansen CEO Alex Svanevik disclosed on Twitter that the company had to make an “extremely difficult decision to reduce the size of the Nansen team.” Full statement: pic.twitter.com/cxSTtZBiZU— Alex Svanevik (@ASvanevik) May 30, 2023 Svanevik gave two major reasons for the - [Bitcoin Headed For $34,000? Large Buyer's Purchase Signals Yes](https://www.ltc-tv.com/crypto-news/bitcoin-headed-for-34000-large-buyers-purchase-signals-yes/) - Bitcoin is finally seeing some green after trading at a loss over the past two weeks. The cryptocurrency continues to trade within a tight range, but activity in the options market could hint at a potential run toward new highs. As of this writing, Bitcoin (BTC) trades at $27,900 with a 2.5% profit in the - [Technical Indicator Suggests Incoming Volatility Explosion in Dogecoin (DOGE)](https://www.ltc-tv.com/blockchain/technical-indicator-suggests-incoming-volatility-explosion-in-dogecoin-doge/) - At press time, dogecoin traded near $0.073. The world's leading meme cryptocurrency, currently valued at $10.22 billion, has risen just 3% this year. Meanwhile, market leaders bitcoin and ether have gained 68% and 60% respectively, per CoinDesk data. Source link - [Bitcoin can bring 'cause and consequence into cyberspace', boost security — Michael Saylor](https://www.ltc-tv.com/blockchain/bitcoin-can-bring-cause-and-consequence-into-cyberspace-boost-security-michael-saylor/) - Bitcoin may be the answer to combat cybersecurity threats driven by artificial intelligence, such as deepfake, said Michael Saylor, executive chairman of MicroStrategy, during a recent interview with Kitco News. Saylor illustrated his views using social media accounts created by robots as an example. According to him, billions of fake accounts are behind a digital - [FTX 2.0 coming up, Multichain FUD, Worldcoin raises six figures](https://www.ltc-tv.com/blockchain/ftx-2-0-coming-up-multichain-fud-worldcoin-raises-six-figures/) - Top Stories This Week Binance suspends deposits for bridged tokens, seeks clarity from Multichain team Crypto exchange Binance suspended deposits for 10 bridged tokens following days of uncertainty surrounding the Multichain protocol. Transactions on the cross-chain protocol have been delayed over multiple bridges in the past few days, with little information from Multichain’s team about - [Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close](https://www.ltc-tv.com/crypto-news/bullish-case-for-litecoin-grows-stronger-as-ltc-halving-draws-close/) - Litecoin (LTC) is still trending low like the rest of the cryptocurrency market but one thing that separates the altcoin from the others is its obvious bullish case. Unlike the rest of the market, Litecoin looks set for another rally which will likely be propelled forward by the next halving. Litecoin Halving Presents Bullish Scenario - [Upcoming Interest Rate Hikes Could Be The Next Big Challenge For Bitcoin, Here's Why](https://www.ltc-tv.com/crypto-news/upcoming-interest-rate-hikes-could-be-the-next-big-challenge-for-bitcoin-heres-why/) - Bitcoin’s (BTC) current sideways price action has left investors wondering what the future holds for the world’s largest cryptocurrency. The upcoming interest rate hikes by the Federal Reserve (Fed) may pose the next big challenge for Bitcoin, according to the crypto market analysis firm Blofin Academy. Is Bitcoin Ready For The Heat Of Interest Rate - [Cronos Labs launches second cohort of $100M Web3 accelerator](https://www.ltc-tv.com/blockchain/cronos-labs-launches-second-cohort-of-100m-web3-accelerator/) - Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program, backed by a substantial $100 million investment, aims to support early-stage crypto projects by providing mentorship and funding opportunities. According to an announcement sent to Cointelegraph, Cronos Labs handpicked eight projects to participate in their accelerator - [FUD Or Fact? Multichain Team Arrested, On-Chain Data Uncovers Fantom Exposure To Wrapped Tokens](https://www.ltc-tv.com/crypto-news/fud-or-fact-multichain-team-arrested-on-chain-data-uncovers-fantom-exposure-to-wrapped-tokens/) - Rumors of the arrest of the Multichain team have sent shockwaves throughout the Fantom ecosystem. Despite trading volumes of $129 million, the fear, uncertainty, and doubt (FUD) have resulted in a 5x increase in daily bridging volumes. However, upon closer examination of the on-chain data, the bridging volumes do not show a significant sign of - [Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues](https://www.ltc-tv.com/blockchain/nike-of1-nft-sale-surpasses-1m-despite-delays-tech-issues/) - The highly-anticipated virtual sneaker sale on .SWOOSH faced persistent delays, leaving some users frustrated. Meanwhile, Nike has so far labeled the release as a success. Source link - [Coinbase and Bitpanda Partner to Help Europe’s Banks Offer Customers Crypto](https://www.ltc-tv.com/blockchain/coinbase-and-bitpanda-partner-to-help-europes-banks-offer-customers-crypto/) - Bitpanda’s crypto connectivity is already in place with a number of banks, neo-banks and fintech platforms such as Austrian traditional lender Raiffeisenlandesbank, European mobile bank N26, French money app Lydia, U.K. fintech Plum and the Italian mobile bank Hype. Source link - [Ethereum Encounters Resistance At Critical Level, Vital Trading Levels to Monitor](https://www.ltc-tv.com/crypto-news/ethereum-encounters-resistance-at-critical-level-vital-trading-levels-to-monitor/) - At the time of writing, the trading price of ETH was $1790. Despite attempting to trade within the $1800 price range, the altcoin encountered selling pressure, resulting in its depreciation. The current overhead resistance for Ethereum is $1810. If the altcoin surpasses this resistance level, it has the potential to trigger a rally in its - [Bitcoin BTC Price Climbs Past $27.2K but Remains in Holding Pattern as Investors Continue Their Debt Limit Vigil](https://www.ltc-tv.com/blockchain/bitcoin-btc-price-climbs-past-27-2k-but-remains-in-holding-pattern-as-investors-continue-their-debt-limit-vigil/) - Ether (ETH) also remained in its two-week range, changing hands at $1,850, up roughly 1.6% over 24 hours. Most other major cryptos were in positive territory, albeit not by much, with APT and SOL, the native tokens of the Solana and Aptos smart contracts platforms, recently rising 3.8% and 2.1%, respectively. The CoinDesk Market Index, - [Could This Project Be The Next Big Thing In Crypto?](https://www.ltc-tv.com/crypto-news/could-this-project-be-the-next-big-thing-in-crypto/) - Fantom (FTM) is a blockchain project that has gained attention in the crypto space for its unique features and potential. Despite a recent dip in key metrics such as Total Value Locked (TVL), the project has something special that many believe is worth attention. Is Fantom Poised To Disrupt The Crypto World? One of the - [RockX broadens suite with launch of new ether (ETH) native staking solution » CryptoNinjas](https://www.ltc-tv.com/crypto-news/rockx-broadens-suite-with-launch-of-new-ether-eth-native-staking-solution-cryptoninjas/) - RockX, an Asia-based institutional-grade staking services provider, announced today the broadening of its staking product suite with the addition of a new ether (ETH) native staking solution. This latest offering strengthens RockX’s position as a comprehensive provider of diverse staking needs, maneuvering quickly to the evolving crypto market landscape. Navigating the Ethereum ecosystem presents institutions with - [Crypto Miner Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say](https://www.ltc-tv.com/blockchain/crypto-miner-core-scientific-hopes-to-emerge-from-bankruptcy-by-september-lawyers-say/) - Once the crypto industry’s largest mining company, Core Scientific suffered an astounding, and swift, fall from grace last November, when bitcoin prices cratered amid cryptocurrency exchange FTX’s mid-November implosion. The company went public with a $4.3 billion valuation in 2021, but its market capitalization had fallen to $78 million by the time it filed for - [Bitcoin Bubble About To Burst? Analyst Warns Prices Could Dip To $7,000](https://www.ltc-tv.com/crypto-news/bitcoin-bubble-about-to-burst-analyst-warns-prices-could-dip-to-7000/) - Mike McGlone, a senior commodity strategist at Bloomberg, has highlighted Bitcoin’s (BTC) historical patterns of boom and bust, which are closely tied to liquidity. According to McGlone, Bitcoin’s current price level of around $27,000 may be at risk of reversion, considering that it was only $7,000 at the end of 2019 before the massive liquidity - [Crypto Expert Predicts Ethereum (ETH) to Reach $457,081, Here’s How](https://www.ltc-tv.com/crypto-news/crypto-expert-predicts-ethereum-eth-to-reach-457081-heres-how/) - The world of crypto is filled with fascinating possibilities and unexpected growth. In a recent series of tweets, Adam Cochran, a partner at CEHV, sparked a wave of Ethereum discussions by presenting a compelling case for Ethereum’s token, ETH, to potentially surge to as high as $457,081. Revealing The Analysis Cochran addressed skeptics who questioned - [Wife finds husband’s Bitcoin stash amid divorce proceedings](https://www.ltc-tv.com/blockchain/wife-finds-husbands-bitcoin-stash-amid-divorce-proceedings/) - The divorce proceedings of a New York couple took a turn after a forensic accountant helped track down the husband’s 12 Bitcoin (BTC) stash, which he intended to hide from his wife.The couple in question were married for 10 years, but the man’s wife suspected that her husband did not reveal all his assets, which - [Hyperbitcoinization is underway, RFK seeks Bitcoin donations...](https://www.ltc-tv.com/blockchain/hyperbitcoinization-is-underway-rfk-seeks-bitcoin-donations/) - Top Stories This Week Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million Bitcoin has crossed a significant threshold this month — there are over 1 million addresses that hold at least 1 BTC. Data from Glassnode shows an escalating pattern with regard to the amount of so-called Bitcoin “wholecoiners.” If the trend continues, - [LUNC Burn Tax Set To Rise To 0.5% As KuCoin Proposal Receives Approval](https://www.ltc-tv.com/crypto-news/lunc-burn-tax-set-to-rise-to-0-5-as-kucoin-proposal-receives-approval/) - After garnering the required votes, a major proposal has just passed in the KuCoin network. The proposal aimed at raising Terra Classic LUNC burns tax to 0.5%. Following the positive results, KuCoin declared increasing the LUNC network burn rate from 0.2% to the proposed 0.5%. LUNC Network Burn Tax Spikes On KuCoin KuCoin took to - [NFT Marketplaces Witness Dramatic Reduction in Ethereum Fees](https://www.ltc-tv.com/crypto-news/nft-marketplaces-witness-dramatic-reduction-in-ethereum-fees/) - Ethereum gas consumption landscape is transforming significantly as Non-Fungible Token (NFT) marketplaces no longer dominate the network’s gas usage. According to a report by Nansen, a crypto analytics platform, NFTs have fallen behind in doing the most in Ethereum gas fees. Notably, while Ethereum’s transition to proof-of-stake, in an event known as “The Merge,” is anticipated - [BitDAO passes BIP-21 token optimization and branding proposal](https://www.ltc-tv.com/blockchain/bitdao-passes-bip-21-token-optimization-and-branding-proposal/) - The BIT token will soon undergo a branding transformation to become Mantle, after a measure was approved through a high majority vote on May 19 to optimize the token ahead of the launch of a new layer-2 mainnet.As Cointelegraph reported on May 12, the BIP-21 proposal sought to unify the BitDAO ecosystem under a “One - [Bitcoin defense lawyer says Craig Wright lawsuit could harm open source software](https://www.ltc-tv.com/blockchain/bitcoin-defense-lawyer-says-craig-wright-lawsuit-could-harm-open-source-software/) - Jessica Jonas, chief legal officer of the nonprofit Bitcoin Legal Defense Fund, discussed the potential legal ramifications of a high profile lawsuit against Bitcoin core developers during the Bitcoin 2023 event in Miami on May 18.The case in question is a UK legal action filed by Craig Wright, the owner/operator of Tulip Trading. Wright’s perhaps - [MATIC Surges Past Key Resistance Level: Can This Breakout Sustain?](https://www.ltc-tv.com/crypto-news/matic-surges-past-key-resistance-level-can-this-breakout-sustain/) - The MATIC price recently broke above a key resistance level, indicating a positive development. However, its price appreciation over the past week has been modest, with only a 2% increase. MATIC has remained close to a critical support line on its daily chart despite the breakout. The technical outlook suggests that recovery might take some - [Allocates Up To 15% Of Profits For BTC Purchases](https://www.ltc-tv.com/crypto-news/allocates-up-to-15-of-profits-for-btc-purchases/) - Tether, the company managing the reserves of the world’s largest stablecoin USDT, has announced a new investment strategy aimed at strengthening its reserves portfolio. Tether will now allocate up to 15% of its net realized operating profits toward purchasing Bitcoin (BTC) regularly. This move is expected to diversify Tether’s reserves, which currently hold approximately $1.5 - [Axie Infinity Origins Breaks Through Apple’s App Store Barrier, Now Accessible to Select iOS Users](https://www.ltc-tv.com/bitcoin-news/axie-infinity-origins-breaks-through-apples-app-store-barrier-now-accessible-to-select-ios-users/) - Axie Infinity Origins, the blockchain-based, play-to-earn (P2E) game, has successfully cleared Apple’s rigorous App Store review process and the game’s app is now available for Apple iOS users. Sky Mavis, the creator behind Axie Infinity, has adopted a strategic approach by rolling out the game’s app in stages, with targeted release plans for various Latin - [Miami blockchain folk hero secures $5M for community tokenization](https://www.ltc-tv.com/blockchain/miami-blockchain-folk-hero-secures-5m-for-community-tokenization/) - On May 17, the Captain Haiti Foundation, a 4947(a)(1) charitable trust, announced a $5 million raise sponsored by private equity firm Dargent Group. The Captain Haiti Foundation says the partnership aims to leverage blockchain technologies to “combat Miami’s housing crisis and the ongoing gentrification of the Haitian community [in Miami]." Nandy Martin, who is also known - [Shiba Inu Could Rally Another 10% Upon Surpassing This Price Level](https://www.ltc-tv.com/crypto-news/shiba-inu-could-rally-another-10-upon-surpassing-this-price-level/) - The price of Shiba Inu has been consolidating, leading to a downward trend. In the last 24 hours, SHIB has lost 2% of its value, and there has been limited movement on the weekly chart. This indicates a decrease in buying interest and an increase in selling pressure. The market for SHIB appears oversold, but - [Over 26,000 Tokens Created – Defi Bitcoin News](https://www.ltc-tv.com/bitcoin-news/over-26000-tokens-created-defi-bitcoin-news/) - Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the blockchain explorers 3xpl.com and salemkode.com, allowing users to explore its potential. Bitcoin Cash Upgrade Unleashes Token Frenzy and Infrastructure Support - [CoinShares posts highest quarterly earnings since Q1 2022](https://www.ltc-tv.com/blockchain/coinshares-posts-highest-quarterly-earnings-since-q1-2022/) - Cryptocurrency investment group CoinShares recently published its first quarter earnings report for 2023 amid what it’s calling a “return to profitability.” Highlights of the report include revenue in the amount of $11.73 million (down from $22.46 million in Q1 2022), total comprehensive income of $3.62 million (down from $25.83 million in Q1 2022) and adjusted earnings - [Bitmain’s Upcoming Antminer KS3 ASIC for Kaspa (KAS) is Crazy Fast](https://www.ltc-tv.com/mining-news/bitmains-upcoming-antminer-ks3-asic-for-kaspa-kas-is-crazy-fast/) - 16 May 2023 Bitmain’s upcoming Antminer KS3 ASIC miner for Kaspa (KAS) has been announced and it boasts some crazy specs for sure, especially compared to what is already available on the market. The hashrate of the KS3 ASIC miner is supposedly 8.3 TH/s with a 3188 Watts of power usage, meaning a 0.38 J/GHs - [Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation  – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/amid-regulatory-apparatus-against-crypto-paul-tudor-jones-maintains-bitcoin-allocation-bitcoin-news/) - In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to the dominant cryptocurrency, affirming that he maintains “a small diversification” in his investment portfolio and always will. Paul Tudor Jones on Bitcoin: ‘I’m Sticking With - [Lido (LDO) Bulls Lock Horns For A Rally Ahead Of V2 Update](https://www.ltc-tv.com/crypto-news/lido-ldo-bulls-lock-horns-for-a-rally-ahead-of-v2-update/) - May 15th marks a new dawn for the Ethereum liquid staking protocol, Lido Finance, as it seeks to launch the highly anticipated V2 update on its platform. According to Lido contributors, the V2 update is its biggest platform update yet and a step in the right direction toward further decentralization in the blockchain industry. The - [AI Eye – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/ai-eye-cointelegraph-magazine/) - Various media outlets got very excited about a University of Florida study found that ChatGPT is able to predict stock market price movements and had made a 500% return. It’s not quite that simple. While the paper did find a “statistically significant predictive effect” by asking ChatGPT to recommend stocks based on sentiment, critics point out - [Hedge Fund Mogul Stanley Druckenmiller Warns of ‘Hard Landing’ for US Economy – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/hedge-fund-mogul-stanley-druckenmiller-warns-of-hard-landing-for-us-economy-bitcoin-news/) - Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this June. Druckenmiller’s forecast comes as American consumer spending remains low, and is largely driven by credit card usage. Druckenmiller, a seasoned investment mogul, warns that it would be foolish to - [Ethereum Developers Resolve Beacon Chain Finality Issues Ethereum Developers Resolve Beacon Chain Finality Issues](https://www.ltc-tv.com/crypto-news/ethereum-developers-resolve-beacon-chain-finality-issues-ethereum-developers-resolve-beacon-chain-finality-issues/) - Ethereum developers have taken measures to address the finality issues that occurred on the Beacon chain in the past week. On May 11 and May 12, the Beacon chain, the consensus layer of the Ethereum network, was unable to reach finality on two occasions. The first occurrence lasted for 25 minutes, and the second for - [G7 Nations Discuss Countering China's 'Economic Coercion' – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/g7-nations-discuss-countering-chinas-economic-coercion-economics-bitcoin-news/) - The Group of Seven (G7) countries are discussing ways to counter China’s “economic coercion” against other nations, U.S. Treasury Secretary Janet Yellen has shared. Noting that Canada, France, Germany, Italy, Japan, the U.K., and the European Union share similar concerns, she emphasized that any action by the U.S. will be “narrowly scoped and targeted at - [Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals...](https://www.ltc-tv.com/blockchain/coinbase-screws-up-florida-bans-cbdcs-and-bitcoin-ordinals/) - Top Stories This Week Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange An email sent out to Coinbase customers describing the Pepe the Frog meme as a “hate symbol” co-opted by alt-right groups has drawn significant ire from the PEPE memecoin community this week. Two hours after the email was sent, - [Ethereum’s Beacon Chain updated after finality issues](https://www.ltc-tv.com/blockchain/ethereums-beacon-chain-updated-after-finality-issues/) - Ethereum core developers rolled out patches for Prysm Labs and Teku clients in response to two Beacon Chain finality issues in 24 hours. The Beacon Chain serves as the consensus layer for the Ethereum network. On May 11, Ethereum developers reported that the Beacon Chain was experiencing problems confirming transactions. Although new blocks could be proposed, - [Best Crypto Gambling Sites » 10+ Trusted Bitcoin Sites 2023](https://www.ltc-tv.com/crypto-news/best-crypto-gambling-sites-10-trusted-bitcoin-sites-2023/) - Crypto gambling sites have gained significant popularity in recent years, and in 2023, there are several outstanding brands to consider. These sites have proven themselves to be reliable, and secure and offer a wide range of games and features for an exceptional online gambling experience. Here are the reviews for some of the best crypto-gambling - [$3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/3-7m-worth-of-btc-suddenly-moves-after-close-to-12-years-of-dormancy-bitcoin-news/) - On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 bitcoin moved from dormant 2010 and 2011 wallets. 139.7 Bitcoin Worth $3.7 Million Suddenly Moves From Idle Wallet A vintage - [Dogecoin Expected To Experience A Further 6% Decrease Prior to Initiating Recovery](https://www.ltc-tv.com/crypto-news/dogecoin-expected-to-experience-a-further-6-decrease-prior-to-initiating-recovery/) - As of the time of writing, Dogecoin (DOGE) was trading at $0.070. The meme-coin has been struggling to recover after facing rejection at $0.076, with the bulls unable to gain momentum. The current overhead resistance for DOGE is $0.073. If this level is breached, it could propel the meme-coin to $0.078. However, if the price - [MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects](https://www.ltc-tv.com/blockchain/makerdao-publishes-5-phase-roadmap-featuring-funding-for-open-source-ai-projects/) - MakerDAO, the decentralized autonomous organization (DAO) behind the Dai stablecoin and its related Maker governance token, recently announced a slew of planned updates to its ecosystem, including a heavy focus on artificial intelligence (AI) technologies and the planned development of a new blockchain. Beginning with an upgrade to unify the organization’s brand, the new roadmap details - [OFAC To Allegedly Place Milady Wallet Owners On Blacklist](https://www.ltc-tv.com/crypto-news/ofac-to-allegedly-place-milady-wallet-owners-on-blacklist/) - The frenzy around meme-based cryptocurrencies continues, with a new player stealing the headlines from PEPE coin. Milady is the latest entrant in this space, and its self-organized meme coin, LADYS, is based on an anime avatar non-fungible token (NFT) collection. In just 24 hours, the value of Milady’s LADYS coin surged by an astonishing 5,250% - [Federal Reserve's FedNow will integrate with Metal Blockchain](https://www.ltc-tv.com/blockchain/federal-reserves-fednow-will-integrate-with-metal-blockchain/) - The Federal Reserve’s forthcoming instant payment service FedNow will be integrated with Metal Blockchain, according to a May 11 announcement from the Metal Blockchain team. The announcement said that the integration will allow Metal users to instantly convert funds to stablecoin and back again using FedNow’s “send/receive” function.FedNow is an instant payment system developed by - [Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don't Agree to Spending Cuts – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/donald-trump-urges-republicans-to-let-us-default-on-debt-if-democrats-dont-agree-to-spending-cuts-economics-bitcoin-news/) - Former U.S. President Donald Trump has urged Republican lawmakers to let the U.S. default on its debt obligations if the Democrats do not agree on “massive” spending cuts. Trump, who is also running for president in 2024, stressed that letting the U.S. default is “better than what we’re doing right now because we’re spending money - [Marathon Digital Selects Abu Dhabi For Immersion Crypto Mining Expansion](https://www.ltc-tv.com/crypto-news/marathon-digital-selects-abu-dhabi-for-immersion-crypto-mining-expansion/) - Marathon Digital Holdings Inc, a crypto mining company, recently announced its partnership with digital assets firm Zero Two. This announcement marks a major milestone in Marathon Digital’s plan for global expansion. The creation of the “Abu Dhabi Global Markets JV Entity” will involve joint ownership between both companies, with Zero Two holding 80% ownership and - [Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years – Mining Bitcoin News](https://www.ltc-tv.com/bitcoin-news/iran-shuts-down-over-8000-illegal-crypto-mining-farms-in-3-years-mining-bitcoin-news/) - Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest. Illegal Crypto Miners in Iran Steal 1.8 Billion kWh of Electricity, Official Says - [IRS claiming $44B from FTX bankruptcy: Report](https://www.ltc-tv.com/blockchain/irs-claiming-44b-from-ftx-bankruptcy-report/) - The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. Source link - [The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets » CryptoNinjas](https://www.ltc-tv.com/crypto-news/the-sandbox-teams-with-hex-trust-for-licensed-secure-custody-of-its-virtual-assets-cryptoninjas/) - Hex Trust, a regulated institutional-grade crypto-asset custodian, today announced it has partnered with The Sandbox, a leading decentralized gaming virtual world to enable fully-licensed and highly-secure custody of assets such as LAND in The Sandbox’s metaverse. The partnership sees Hex Trust fully integrate LAND into its custody platform, Hex Safe, which supports cryptocurrencies, security tokens, and NFTs. - [Crypto Whale Suffers $500,000 Loss As PEPE Price Plummets](https://www.ltc-tv.com/crypto-news/crypto-whale-suffers-500000-loss-as-pepe-price-plummets/) - Unsurprisingly, the recently hyped frog-themed meme coin PEPE is now beginning to suffer a price decline, impacting late investors negatively. According to LookOnChain’s recent report, a large investor or whale who purchased a large amount of the token amid its rally has now suffered a huge loss. This loss follows the memecoin ongoing downtrend after - [President Raisi Calls on Central Bank of Iran to Ditch US Dollar in Trade, Shift to National Currencies – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/president-raisi-calls-on-central-bank-of-iran-to-ditch-us-dollar-in-trade-shift-to-national-currencies-bitcoin-news/) - Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for bilateral trade settlements and to make the switch to use the Iranian real whenever possible. The Central Bank of Iran has already started implementing this policy, proposing to pay bilateral trades using - [BRC-20 tokens surpass $1B market cap as wallet providers prepare integration](https://www.ltc-tv.com/blockchain/brc-20-tokens-surpass-1b-market-cap-as-wallet-providers-prepare-integration/) - On May 9, the total market capitalization of BRC-20 Bitcoin tokens surpassed $1 billion, with a total trading volume of $207.7 million in the past 24 hours. Some of the most notable deployed tokens include ORDI, NALS, VMPX, PEPE and MEME, with price variance of between +11% and -55% within the past day.According to analysts at - [Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months – Regulation Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ripple-ceo-says-company-spends-200-million-fighting-sec-lawsuit-over-xrp-ruling-could-come-in-3-months-regulation-bitcoin-news/) - Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of the industry is still - [Bitcoin Bull Run In Jeopardy As Parabolic SAR Flips Bearish On Daily Chart](https://www.ltc-tv.com/crypto-news/bitcoin-bull-run-in-jeopardy-as-parabolic-sar-flips-bearish-on-daily-chart/) - Bitcoin (BTC), the world’s largest cryptocurrency, is facing a potential correction as it loses support at a critical level and trades at $27,300. Technical analysis shows that the Parabolic SAR has flipped bearish on the daily chart, indicating a possible downturn shortly. Bitcoin’s price has also dropped below the 50 exponential moving average (EMA), a - [MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users](https://www.ltc-tv.com/blockchain/makerdao-launches-spark-protocol-a-new-defi-lending-solution-for-dai-users/) - MakerDAO, a decentralized autonomous organization that operates on the Ethereum blockchain and issues stablecoin DAI, has announced that it has launched the Spark Protocol, a lending solution for DAI users. Announcing the Spark Protocol launch ⚡️Starting May 9, 2023, Spark Protocol will be available to all DeFi users.An end-user, DAI-centered DeFi product deployed on Ethereum with supply - [Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round – Africa Bitcoin News](https://www.ltc-tv.com/bitcoin-news/nigerian-payments-provider-nomba-secures-30-million-in-pre-series-b-funding-round-africa-bitcoin-news/) - The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer experiences.” Plugging Gaps in Payment Processes Nomba, a Nigerian payments startup, has raised a US$30 million pre-Series - [LUNC Continues Downward Trend Despite Testnet Upgrade](https://www.ltc-tv.com/crypto-news/lunc-continues-downward-trend-despite-testnet-upgrade/) - Recently, the Terra Classic ecosystem has been in the spotlight due to its developmental efforts, with the testnet upgrade to version 2.0.0 being the latest advancement. Contrary to general expectations, this recent improvement hasn’t translated into the price of the Terra Luna Classic token (LUNC). Since the start of February, the price of Terra Luna - [Deloitte integrates blockchain for digital credentials](https://www.ltc-tv.com/blockchain/deloitte-integrates-blockchain-for-digital-credentials/) - Big Four accounting firm Deloitte has integrated blockchain technology to allow customers to store verification credentials in a single digital wallet to streamline the “typically inefficient” verification processes.In a May 4 statement, Deloitte announced it has integrated KILT Protocol technology — a Polkadot parachain — to enable the issuance of reusable digital credentials to its customers. - [UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance – Regulation Bitcoin News](https://www.ltc-tv.com/bitcoin-news/uk-high-court-rules-to-set-aside-interim-proprietary-injunction-against-binance-regulation-bitcoin-news/) - A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the action had been taken without notice. Binance also said it could not comply with the injunction since it was granted after the fraudulently acquired crypto - [Memecoin sends BTC fees to the moon, miner profits top $50B...](https://www.ltc-tv.com/blockchain/memecoin-sends-btc-fees-to-the-moon-miner-profits-top-50b/) - Top Stories This Week Memecoin hype drives Bitcoin transaction fees to multi-year highs The ongoing trading frenzy of memecoins like Pepe has triggered an unwanted consequence for Bitcoin (BTC) — raising its transaction costs to their highest point in two years. On May 3, the total amount of fees paid on the Bitcoin blockchain reached - [UMA Token Surges By 28% Despite General Bearish Trend UMA Token Surges By 28% Despite General Bearish Trend](https://www.ltc-tv.com/crypto-news/uma-token-surges-by-28-despite-general-bearish-trend-uma-token-surges-by-28-despite-general-bearish-trend/) - UMA (UMA) has registered an impressive 28.7% gain in the last seven days, according to data by CoinMarketCap. In a week marked by market losses and little gains, the DeFi token showed much resilience to emerge as one of the biggest weekly gainers. Although most of the market stands in awe of the stunning bullish - [Shiba Inu (SHIB) Is More Of A Successful Memecoin Than PEPE and DOGE](https://www.ltc-tv.com/crypto-news/shiba-inu-shib-is-more-of-a-successful-memecoin-than-pepe-and-doge/) - Regarding meme coins, there is no denying that Shiba Inu (SHIB) has been one of the most talked-about tokens in recent times. Its success is partly due to its captivating name and adorable mascot, which has been a hit with social media users. However, beyond the hype, how does SHIB compare to other meme coins - [US Banking Crisis Looms as 'Credit Tightening' Mentions Reach Record Highs on Company Calls – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/us-banking-crisis-looms-as-credit-tightening-mentions-reach-record-highs-on-company-calls-economics-bitcoin-news/) - Recent data reveals that while the banking industry in the U.S. is facing significant challenges, executives are mentioning “credit tightening” more frequently in earnings calls than during the 2008 financial crisis. Additionally, Google Trends data indicates a surge in search queries related to bank failures and crises. The findings suggest that the U.S. economy is - [Hyperinflation and Bitcoin wagers, AI replacing first jobs and more](https://www.ltc-tv.com/blockchain/hyperinflation-and-bitcoin-wagers-ai-replacing-first-jobs-and-more/) - United States inflation and how it might affect the price of Bitcoin (BTC) are two of the top concerns on investors’ minds around the world. To illustrate, one prominent crypto personality bet big bucks on the future of the U.S. economy: the former Coinbase executive recently paid out $1.5 million to settle a Twitter wager - [Ethereum Transaction Fees Hit May 2022 Highs, What This Means For ETH?](https://www.ltc-tv.com/crypto-news/ethereum-transaction-fees-hit-may-2022-highs-what-this-means-for-eth/) - Ethereum transaction fees are once again hitting highs last seen since May 2022. This development has raised concerns about the impact on the Ethereum network usage and its native cryptocurrency, ETH. Ethereum, the second-largest crypto by market capitalization, is one of the leading decentralized finance (DeFi) and non-fungible tokens (NFTs) platforms. The network has been - [Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze – Security Bitcoin News](https://www.ltc-tv.com/bitcoin-news/chatgpt-is-the-new-crypto-meta-says-malware-actors-exploit-ai-craze-security-bitcoin-news/) - A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad actors and the social media giant is preparing for various abuses. Malware Inspired by Chatgpt - [The truth about ETH founders split and ‘Crypto Google’ – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/the-truth-about-eth-founders-split-and-crypto-google-cointelegraph-magazine/) - There’s a narrative that’s grown up around Ethereum’s two most important co-founders, Joe Lubin and Vitalik Buterin, to explain how they went in different directions almost a decade ago.It suggests the pair fell out over the blockchain’s future direction, with the idealistic 20-year-old Buterin determined to turn Ethereum into a nonprofit foundation, while Lubin and - [Top 10 Countries Leading The Craze In 2023](https://www.ltc-tv.com/crypto-news/top-10-countries-leading-the-craze-in-2023/) - The rise of the meme coin mania in 2023 has taken the cryptocurrency world by storm, and a new report by CoinGecko shows that the trend is most popular in the United States, India, and the United Kingdom. These countries account for over 50% of all meme coin fans this year, indicating a strong interest - [State regulators crack down on fraudulent cryptos promoted as 'Elon Musk AI Token' and 'TruthGPT Coin'](https://www.ltc-tv.com/blockchain/state-regulators-crack-down-on-fraudulent-cryptos-promoted-as-elon-musk-ai-token-and-truthgpt-coin/) - The Texas State Securities Board joined several state regulators in issuing cease-and-desist orders against Horatiu Charlie Caragaceanu and his organizations, The Shark of Wall Street and Hedge4.ai, for promoting two cryptocurrencies named TruthGPT Coin and Elon Musk AI Token. The orders seek to clamp down on what they claim is a fraudulent securities scheme attempting to capitalize - [White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining – Mining Bitcoin News](https://www.ltc-tv.com/bitcoin-news/white-house-pushes-dame-tax-proposal-to-address-alleged-environmental-costs-of-crypto-mining-mining-bitcoin-news/) - On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets “making crypto miners pay for the costs they impose on others” regarding the environmental impact of crypto mining activities. - [Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/coinbase-launches-international-exchange-for-bitcoin-and-ether-perpetual-futures-bitcoin-news/) - Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and ethereum perpetual futures. The company stated in a tweet that the service will begin by offering perpetual futures settled in USDC - [Check Out This Shocking Pepe Coin Versus Bitcoin Comparison](https://www.ltc-tv.com/crypto-news/check-out-this-shocking-pepe-coin-versus-bitcoin-comparison/) - Pepe coin is the most talked about asset in the crypto market right now. The less than one-month-old meme token has nothing at all to do with Bitcoin, yet shockingly is displaying nearly exact price patterns. Don’t miss this incredible and unusual chart comparison between BTCUSD and PEPEUSDC. A Quick Recap Of Pepe Coin And - [Sports Illustrated launches Polygon-based NFT ticketing platform](https://www.ltc-tv.com/blockchain/sports-illustrated-launches-polygon-based-nft-ticketing-platform/) - On May 2, Sports Illustrated's ticketing subsidiary SI Tickets launched the "Box Office" platform, a self-service event management and primary ticketing solution powered by the Polygon blockchain. Built in conjunction with Web3 software developer ConsenSys, Box Office enables "owners, organizers and hosts the ability to create, manage and promote a fully scalable, paid or free - [Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s – Mining Bitcoin News](https://www.ltc-tv.com/bitcoin-news/mawson-infrastructure-group-expands-to-new-bitcoin-mining-site-in-ohio-plans-to-boost-hashpower-by-1-eh-s-mining-bitcoin-news/) - Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s hashpower by 1 exahash per - [Bitcoin Is Crashing, But Transactions At New All-Time Highs](https://www.ltc-tv.com/crypto-news/bitcoin-is-crashing-but-transactions-at-new-all-time-highs/) - In a day when Bitcoin prices are crashing, posting worrying drops from April 2023 peaks, the underlying network is processing record transactions. Bitcoin Prices Dropping, But Why? Dune Analytics data on May 1 shows that the platform is processing record transactions which, if going by historical performance, would typically point to demand. In a normal - [Liquid staking solutions now have more TVL than DEXs: DefiLlama](https://www.ltc-tv.com/blockchain/liquid-staking-solutions-now-have-more-tvl-than-dexs-defillama/) - Liquid staking solutions such as Lido and Rocket Pool now have more total value locked (TVL) than decentralized exchanges (DEXs), making them the top category of DeFi protocols, according to data from crypto analytics platform DefiLlama.For the first time, the Liquid Staking category has surpassed DEXes in total value locked, making it the leading category - [Russian Official Expects Agreement on BRICS Currency This Year – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/russian-official-expects-agreement-on-brics-currency-this-year-economics-bitcoin-news/) - The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of - [Casper Notches 14% Rally In The Weekly Charts - Will CSPR Soar Higher? Casper Notches 13% Rally In The Weekly Charts](https://www.ltc-tv.com/crypto-news/casper-notches-14-rally-in-the-weekly-charts-will-cspr-soar-higher-casper-notches-13-rally-in-the-weekly-charts/) - In the last week, the crypto market has been on an upswing, with most assets recording little amount of market gains. However, CSPR, the native token of the Casper Network, is one of the biggest gainers, surging by 13.9% over the last seven days. While fairly popular, CSPR has been one of the most impressive - [Visa stablecoin plan, debt ceiling's effect on Bitcoin price: Hodler’s Digest, April 23-29](https://www.ltc-tv.com/blockchain/visa-stablecoin-plan-debt-ceilings-effect-on-bitcoin-price-hodlers-digest-april-23-29/) - Top Stories This Week Circle launches cross-chain USDC transfer protocol Circle launched a cross-chain protocol that enables USDC transfers between the Ethereum and Avalanche blockchains. The protocol works by burning the selected amount of native USDC on the source chain, and minting an equivalent amount of new USDC on the intended destination chain. The protocol - [Economist Predicts Shift to Tripolar Reserve Currency World — Yuan, Euro to Disrupt US Dollar's Dominance – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/economist-predicts-shift-to-tripolar-reserve-currency-world-yuan-euro-to-disrupt-us-dollars-dominance-economics-bitcoin-news/) - Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the U.S. dollar forming a “tripolar” reserve currency configuration. ‘A Multipolar World’ Economist Stephen Jen, the CEO of asset management firm Eurizon SLJ, expects multiple currencies - [XRP Trading Volume Slumps While Price Gains](https://www.ltc-tv.com/crypto-news/xrp-trading-volume-slumps-while-price-gains/) - Since 2020, XRP has struggled to remain relevant and valuable to its investors. The US Securities and Exchange Commission’s attack on the project brought a drastic decline that no one expected. However, amid the ongoing case, XRP showed resilience, leading supporters to commend it as an asset to watch. Even though the price has seen - [Mastercard launches Web3 user verification solution to curb bad actors](https://www.ltc-tv.com/blockchain/mastercard-launches-web3-user-verification-solution-to-curb-bad-actors/) - Global financial services giant Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors” in the digital asset space. The solution announced on April 29 is dubbed the “Mastercard Crypto Credential.”In an accompanying explainer video shared to Twitter, the firm outlined that its “building a way - [World’s Largest Regional Organization to Switch to Settlements in National Currencies – Finance Bitcoin News](https://www.ltc-tv.com/bitcoin-news/worlds-largest-regional-organization-to-switch-to-settlements-in-national-currencies-finance-bitcoin-news/) - A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation Organization to Abandon Dollar in Favor of National Currencies The - [UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined](https://www.ltc-tv.com/blockchain/uk-treasury-seeks-input-on-taxing-defi-staking-and-lending-finance-redefined/) - Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The taxation arm of His Majesty’s Treasury in the United Kingdom has proposed new regulatory changes to simplify how DeFi returns are taxed and reduce the “administrative burden” - [Bitcoin Emerges As the King Of Assets,10X Growth Over Gold During US Banking Crisis](https://www.ltc-tv.com/crypto-news/bitcoin-emerges-as-the-king-of-assets10x-growth-over-gold-during-us-banking-crisis/) - Despite the volatile price action of Bitcoin (BTC), the world’s largest cryptocurrency has outperformed every other asset, including gold. Although it is trading below its psychological milestone of $30,000 at $29,000, Bitcoin is expected to grow further in 2023, as it acts as a safe haven for investors amidst the US banking crisis. Bitcoin Reigns - [CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv' » CryptoNinjas](https://www.ltc-tv.com/crypto-news/coinflip-launches-new-self-custodial-cryptocurrency-wallet-platform-olliv-cryptoninjas/) - CoinFlip, a bitcoin ATM and crypto services company, announced today a new offering with the launch of ‘Olliv,’ a self-custody-powered crypto platform. The Olliv platform provides a frictionless way to buy, sell, send, receive, and swap cryptocurrency securely stored on a self-custodial wallet, removing the uncertainty of unknown third-party custodians. By leveraging CoinFlip’s existing network - [Asia Express – Cointelegraph Magazine](https://www.ltc-tv.com/blockchain/asia-express-cointelegraph-magazine/) - Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong inching close on a clear crypto regulatory pathway A few months after prominent industry players lamented the lack of registration pathways for cryptocurrency exchanges in Hong Kong, some respite may finally be on the horizon. On Apr. 27, Julia - [Coinbase Shares Wells Response, Challenges SEC's Change in Attitude Towards Its Core Businesses – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/coinbase-shares-wells-response-challenges-secs-change-in-attitude-towards-its-core-businesses-bitcoin-news/) - On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to the agency’s previous approval of - [Market Volatility Sparks Panic, Wipes Out $1 Billion In Open Interest](https://www.ltc-tv.com/crypto-news/market-volatility-sparks-panic-wipes-out-1-billion-in-open-interest/) - In the last 24 hours, Bitcoin (BTC) has experienced a sharp increase in volatility, with prices fluctuating between $29,000 and $27,000, given the lack of liquidity in the market. This sudden price action has had a significant impact on bulls and bears. However, as of this writing, Bitcoin has managed to recover the $29,000 level, - [Bitcoin Price Flash Crashes 6% In Under 60 Minutes, What Happened?](https://www.ltc-tv.com/crypto-news/bitcoin-price-flash-crashes-6-in-under-60-minutes-what-happened/) - Bitcoin price was trading in the green today, up about $1,500 at the high. The top cryptocurrency by market cap also made another attempt at $30,000 around mid-day. Shortly thereafter, in the span of less than 60 minutes, BTCUSD flash crashed by more than 6%, leaving the marker bewildered. Here is a closer look at - [Bitcoin Mempool Overwhelmed With 134,000 Unconfirmed Transactions Amid Price Volatility – Blockchain Bitcoin News](https://www.ltc-tv.com/bitcoin-news/bitcoin-mempool-overwhelmed-with-134000-unconfirmed-transactions-amid-price-volatility-blockchain-bitcoin-news/) - Amidst the buzz surrounding bitcoin’s latest price surge, a significant number of transactions are currently clogging up the mempool. As of writing, 134,986 unconfirmed transactions await confirmation, and block times are lingering above the usual ten-minute mark. Bitcoin Transactions Backlogged as Mempool Reaches Higher Levels On the morning of Wednesday, Bitcoin.com News brought to light - [Web3 social media protocol launches ‘layer 3’ to provide instant posts](https://www.ltc-tv.com/blockchain/web3-social-media-protocol-launches-layer-3-to-provide-instant-posts/) - The team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network to scale blockchain social media apps. Called “Bonzai,” the new network processes and stores posts, comments and shares, taking this data off the Polygon network and thereby increasing scalability for Lens, according to an April 26 - [Voyager Purchase Deal Falls Through – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/voyager-purchase-deal-falls-through-bitcoin-news/) - According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash and crypto through a “direct distribution” via the Voyager platform. Voyager’s Asset Purchase Agreement With Binance - [Cardano (ADA) Could Be Poised For A Bullish Breakout, Here’s Why](https://www.ltc-tv.com/crypto-news/cardano-ada-could-be-poised-for-a-bullish-breakout-heres-why/) - Cardano (ADA) is a blockchain-based platform that allows developers to build decentralized applications (dApps) and smart contracts. Created by Charles Hoskinson, one of the co-founders of Ethereum to address some of the scalability and interoperability issues faced by existing blockchain networks. Given the asset’s potential, ADA has gained a lot of attention in the crypto - [Google Cloud broadens Web3 startup program with 11 blockchain firms](https://www.ltc-tv.com/blockchain/google-cloud-broadens-web3-startup-program-with-11-blockchain-firms/) - Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program. As of April 25, the program now includes Web3 firms such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana and Thirdweb. The same day, blockchain analytics firm Nansen announced that it has partnered with Google Cloud to provide real-time blockchain data for - [Stablecoins must be programmable to counter CBDCs](https://www.ltc-tv.com/blockchain/stablecoins-must-be-programmable-to-counter-cbdcs/) - When it comes to providing stable value, stablecoins and central bank digital currencies (CBDCs) appear to serve two sides of the same proverbial coin. Crypto stable assets, however, can provide entirely different use cases — and CBDCs simply cannot compete. The key is programmability — smart contracts that automate and add new features to money. Programmability - ['The World Is Clearly De-Dollarizing' – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/the-world-is-clearly-de-dollarizing-economics-bitcoin-news/) - Ron Paul, the former U.S. presidential candidate and former U.S. congressman, has stated that recent geopolitical events have caused nations to start ditching the U.S. dollar. Paul stated that the debasement of the currency, the manipulation of prices, and sanctions against other nations have made other countries afraid of holding dollars. Ron Paul Believes De-Dollarization - [Filecoin Experiences Sharp Sell-Off, Potential For Price To Drop Below $5](https://www.ltc-tv.com/crypto-news/filecoin-experiences-sharp-sell-off-potential-for-price-to-drop-below-5/) - The bearish onslaught has taken a toll on the price of Filecoin, which slipped below the $6 mark, and the bears now have a strong foothold. On the one-day chart, Filecoin is showing consolidation with a loss of 1.1%. Over the last week, the coin has depreciated by nearly 17%. The technical outlook for Filecoin - [Janice McAfee Continues Battle for Release of John McAfee's Remains, 670 Days After His Death – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/janice-mcafee-continues-battle-for-release-of-john-mcafees-remains-670-days-after-his-death-bitcoin-news/) - Last year in July, it was widely reported that the now deceased, enigmatic tech magnate John McAfee’s body was still in a Spanish morgue for a full year after his untimely demise. McAfee’s widow, Janice, has taken to social media to voice her distress over the extended delay in the release of his remains. It - [Avalanche Struggles Under $18 - More Losses Seem Likely](https://www.ltc-tv.com/crypto-news/avalanche-struggles-under-18-more-losses-seem-likely/) - Over the last few days, Avalanche has experienced significant losses, plunging by almost 20%. On a weekly timeframe, AVAX has lost 10% of its market value. Although the daily timeframe indicates that AVAX has made a slight upward movement on its chart, with an appreciation of 1.6%, the technical outlook for Avalanche remains bearish. Buyers - [Do Kwon Challenges SEC's Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/do-kwon-challenges-secs-jurisdiction-in-multibillion-dollar-crypto-securities-fraud-case-bitcoin-news/) - Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using federal securities law to assert jurisdiction over the digital assets - [Musk hints at suing Microsoft, US Rep wants Gary Gensler fired...](https://www.ltc-tv.com/blockchain/musk-hints-at-suing-microsoft-us-rep-wants-gary-gensler-fired/) - Top Stories This Week Elon Musk threatens Microsoft with lawsuit, claims AI trained on Twitter data Microsoft has been threatened with a lawsuit from Twitter CEO Elon Musk, who claimed the Big Tech firm “illegally” trained its artificial intelligence on Twitter data. The entrepreneur suggested that Microsoft mined user tweets to train its AI-powered applications. - [BONE Surges 8.3%, As OKX Amasses 1.71M BONE Tokens In 1 Day](https://www.ltc-tv.com/crypto-news/bone-surges-8-3-as-okx-amasses-1-71m-bone-tokens-in-1-day/) - While the crypto market appears to be in decline, Bone Shibaswap (BONE), the Shibaswap ecosystem’s governance token, has been on the rise. As of this writing, the price of Bone Shibaswap has ballooned to an impressive 8.3% in the past 24 hours, according to CoinGecko data. However, a broader look at BONE’s market performance indicates - [Toy Manufacturer Mattel to Launch P2P Marketplace for Virtual Collectibles on NFT Platform – Blockchain Bitcoin News](https://www.ltc-tv.com/bitcoin-news/toy-manufacturer-mattel-to-launch-p2p-marketplace-for-virtual-collectibles-on-nft-platform-blockchain-bitcoin-news/) - On April 20, the American toy manufacturing company Mattel announced an update to its virtual collectibles platform, which will go live on April 27. The peer-to-peer platform, called Mattel Creations Virtual Collectibles, will coincide with the Hot Wheels NFT Garage Series 5, featuring some of Hot Wheels’ most popular car designs. Mattel Creations Virtual Collectibles - [Elliott Waves Theory Predicts Wave 2 At $0.38](https://www.ltc-tv.com/crypto-news/elliott-waves-theory-predicts-wave-2-at-0-38/) - Since reaching its yearly high of $0.5842 on March 29th, XRP has experienced a significant price drop. The token has lost its bullish momentum and failed to breach higher levels, disappointing investors who were optimistic about the uptrend of one of the largest cryptocurrencies in the market. It is worth noting that XRP’s recent price - [Games and tokenization are driving NFT industry maturation](https://www.ltc-tv.com/blockchain/games-and-tokenization-are-driving-nft-industry-maturation/) - From tokenizing investment assets to game avatars, nonfungible tokens (NFTs) have an array of applications that go beyond digital art, with more projects coming online despite the market downturn in 2022.At the NFT.NYC 2023 conference, Cointelegraph’s team learned first-hand from experts, projects, companies and the NFT community how the technology is shaping the digital world. - [Solana launches emissions dashboard to spur blockchain carbon footprint transparency](https://www.ltc-tv.com/blockchain/solana-launches-emissions-dashboard-to-spur-blockchain-carbon-footprint-transparency/) - The Solana Foundation, in collaboration with data platform Trycarbonara, announced the launch of a real-time tracking dashboard to measure carbon emissions on the Solana blockchain. 1/ Today, the Solana Foundation is leading the charge in the climate fight by making Solana one of the first blockchains to have its emissions measured in real time, thanks to - [Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves $60 Million for the First Time Since 2013 – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/dormant-bitcoin-wallet-linked-to-mt-gox-saga-moves-60-million-for-the-first-time-since-2013-bitcoin-news/) - According to onchain data, a bitcoin whale address transferred 2,071.5 bitcoin, worth approximately $60 million, after remaining dormant since December 19, 2013. Interestingly, this bitcoin address is linked to two wallets that sent 10,000 bitcoin last summer for the first time in nine years and are associated with the now-defunct exchange Mt Gox. 2,071 Bitcoin - [Crypto exchange Roqqu receives South African approval to expand operations](https://www.ltc-tv.com/blockchain/crypto-exchange-roqqu-receives-south-african-approval-to-expand-operations/) - Nigerian crypto exchange Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country's fiat currency, the South African Rand, according to local media reports. South Africa has been a top priority for Roqqu as the exchange seeks to expand its dominance in the African - [Crypto derivatives exchange Deribit launching zero-fee spot trading](https://www.ltc-tv.com/crypto-news/crypto-derivatives-exchange-deribit-launching-zero-fee-spot-trading/) - Deribit, a popular cryptocurrency derivatives platform, has announced the launch of zero-fee spot trading, allowing clients to buy and sell crypto while simultaneously managing risk using other derivatives. Spot trading will start on April, 24th 2023 at 1 PM UTC with three pairs (BTC/USDC, ETH/USDC, and ETH/BTC), providing clients with a simple and free solution - [Criticism Against the New York Times Mounts as Newspaper Is Accused of Killing 59 Million Trees Annually – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/criticism-against-the-new-york-times-mounts-as-newspaper-is-accused-of-killing-59-million-trees-annually-bitcoin-news/) - After the New York Times (NYT) published an editorial about bitcoin mining, claiming the industry is harmful to the environment, an organization called Stop the Presses took issue with the Times’ paper usage. Stop the Presses launched a social media campaign against the NYT’s newspaper production. The organization’s website, nytimesup.org, alleges that the company “kills - [Subgraph hosted service launches as The Graph prepares for decentralization](https://www.ltc-tv.com/blockchain/subgraph-hosted-service-launches-as-the-graph-prepares-for-decentralization/) - Blockchain data provider Chainstack has launched a hosted service for collections of Web3 data known as “subgraphs,” according to an April 19 announcement from the company. The service, called “Chainstack Subgraphs,” allows developers to create subgraphs and post them for a fee. We're thrilled to announce the launch of Chainstack Subgraphs, an enterprise-level data indexing - [Get Ready for Mining IronFish (IRON) In Time for the Mainnet Launch](https://www.ltc-tv.com/mining-news/get-ready-for-mining-ironfish-iron-in-time-for-the-mainnet-launch/) - 19 Apr 2023 IronFish (IRON) is a new privacy-oriented Layer-1 Proof-of-Work crypto project that is launching its mainnet tomorrow on April 20th 2023 and that is when the actual mining of the IRON coins will start. IronFish has been in development for a while now and has been running an incentivized testnet for quite some - [Former US President Donald Trump Launches Second NFT Card Collection – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/former-us-president-donald-trump-launches-second-nft-card-collection-bitcoin-news/) - On April 18, former U.S. president Donald Trump announced a second series of his digital Trump card collection, following the “great success” of his initial non-fungible token (NFT) trading cards. Despite selling out rapidly, Trump stated on Truth Social that he maintained the initial card prices for the new collection. Trump Unveils Series 2 NFT - [Tribe Capital considers reviving bankrupt crypto exchange FTX: Report](https://www.ltc-tv.com/blockchain/tribe-capital-considers-reviving-bankrupt-crypto-exchange-ftx-report/) - Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18.The venture capital firm is reportedly contemplating leading a $250 million fundraising campaign, anchored by $100 million from itself and its - [SEC Commissioner Hester Peirce States Proposed Amendments to Definition of 'Exchange' Render Innovation 'Kaput' – Regulation Bitcoin News](https://www.ltc-tv.com/bitcoin-news/sec-commissioner-hester-peirce-states-proposed-amendments-to-definition-of-exchange-render-innovation-kaput-regulation-bitcoin-news/) - Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has issued her opinion on the recent attempts of the institution to change the definition of “exchange” under the Exchange Act Rule. According to Peirce, the institution is now expanding its reach to solve “problems that do not exist,” stifling innovation in the - [Elon Musk to launch truth-seeking artificial intelligence platform TruthGPT](https://www.ltc-tv.com/blockchain/elon-musk-to-launch-truth-seeking-artificial-intelligence-platform-truthgpt/) - According to an April 17 Fox News report, Elon Musk told Fox anchor Tucker Carlson that he’s developing a ChatGPT rival known as “TruthGPT,” a large language model (LLM) that Musk says will be trained to explore the mysteries of the universe. “I'm going to start something which I call TruthGPT, or a maximum truth-seeking AI - [Police in Kosovo Seize Crypto Mining Rigs From Serbs – Mining Bitcoin News](https://www.ltc-tv.com/bitcoin-news/police-in-kosovo-seize-crypto-mining-rigs-from-serbs-mining-bitcoin-news/) - Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the ethnically divided, partially recognized Balkan state. Kosovo Government Cracks Down on Crypto Mining in - [5 tips for landing a tech job](https://www.ltc-tv.com/blockchain/5-tips-for-landing-a-tech-job/) - In today's tech industry, there is a high demand for professionals with expertise in fields such as artificial intelligence, data science, cybersecurity, and cloud computing. Companies are seeking individuals with a combination of technical and soft skills, including strong communication, problem-solving, and collaboration abilities.Here are five tips to land a tech job.Build a strong online - [FTX considers reboot, Ethereum's fork goes live and OpenAI news](https://www.ltc-tv.com/blockchain/ftx-considers-reboot-ethereums-fork-goes-live-and-openai-news/) - Top Stories This Week Ethereum’s Shapella hard fork executed on mainnet The Ethereum blockchain’s mainnet, also referred to as the Beacon Chain, implemented the Shapella hard fork on April 12. The upgrade made fund withdrawals possible for those who have staked the network’s Ether (ETH) asset. Within the first hour of the hard fork, a - [Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis' Opposition to Central Bank Digital Currency – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/economist-paul-krugman-criticizes-florida-gov-ron-desantis-opposition-to-central-bank-digital-currency-bitcoin-news/) - Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He speculated that DeSantis may be influenced by individuals who fear a digital currency could hinder “un-woke activities such as tax evasion and - [Solana's Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8 – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/solanas-crypto-and-web3-smartphone-saga-available-to-the-general-public-on-may-8-bitcoin-news/) - Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga Ready for the Masses Solana Labs, Inc., the company behind the Solana - [MetaMask third-party provider was hacked, exposing email addresses](https://www.ltc-tv.com/blockchain/metamask-third-party-provider-was-hacked-exposing-email-addresses/) - The email addresses of some MetaMask users may have been exposed to a malicious party due to a recently discovered cyber-security incident. According to parent company ConsenSys, the incident affected users who submitted a customer support ticket to MetaMask between August 1, 2021 and February 10, 2023.According to the April 14 blog post, unauthorized actors gained - [Arizona governor vetoes bill targeting taxes on blockchain node hosts](https://www.ltc-tv.com/blockchain/arizona-governor-vetoes-bill-targeting-taxes-on-blockchain-node-hosts/) - Katie Hobbs, the governor of the state of Arizona, has vetoed legislation that would have largely stopped local authorities from imposing taxes on individuals and businesses running blockchain nodes. In an April 12 decision, Governor Hobbs issued a veto to Arizona Bill 1236, first introduced in January. The legislation aimed to revise sections of statutes pertaining - [London Stock Exchange's LCH SA to Clear Bitcoin Futures and Options on GFO-X Through New Service – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/london-stock-exchanges-lch-sa-to-clear-bitcoin-futures-and-options-on-gfo-x-through-new-service-bitcoin-news/) - On April 13, 2023, the London Stock Exchange’s LCH division, a clearing house group serving major international exchanges and a wide range of over-the-counter (OTC) markets, announced its plans to offer clearing of bitcoin index futures and options contracts traded on GFO-X. Frank Soussan, the business lead at LCH Digital Asset Clear, stated during the - [Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/binance-us-to-delist-tron-and-spell-tokens-amid-heightened-regulatory-pressure-bitcoin-news/) - According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC) - [T. Rowe Price, WisdomTree join Avalanche subnet for forex testing](https://www.ltc-tv.com/blockchain/t-rowe-price-wisdomtree-join-avalanche-subnet-for-forex-testing/) - Financial market firms T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland have joined an Avalanche (AVAX) subnet to test the idea of blockchain-based foreign exchange, according to an announcement from the Avalanche team. The new subnet is called “Spruce,” and is part of Avalanche’s Evergreen Subnet ecosystem.Following last week’s Avalanche Evergreen announcement, today marks - [Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet – Mining Bitcoin News](https://www.ltc-tv.com/bitcoin-news/cleanspark-purchases-45000-bitcoin-mining-devices-adding-6-3-eh-s-to-current-fleet-mining-bitcoin-news/) - On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 - [5 Natural language processing libraries to use](https://www.ltc-tv.com/blockchain/5-natural-language-processing-libraries-to-use/) - Natural language processing (NLP) is important because it enables machines to understand, interpret and generate human language, which is the primary means of communication between people. By using NLP, machines can analyze and make sense of large amounts of unstructured textual data, improving their ability to assist humans in various tasks, such as customer service, - [French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming 'Vassals' – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/french-president-emmanuel-macron-states-europe-must-reduce-its-dependence-on-the-us-dollar-to-avoid-becoming-vassals-economics-bitcoin-news/) - Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in a conflict between the U.S. and China, and reduce its reliance on the U.S. - [More Kaspa (KAS) FPGA and ASIC Miners are Coming on the Market](https://www.ltc-tv.com/mining-news/more-kaspa-kas-fpga-and-asic-miners-are-coming-on-the-market/) - 10 Apr 2023 The Osprey Electronics E300 14 GH/s kHeavyHash miner might have been the first FPGA miner on the market for KASPA, but it apparently won’t be the only one with more FPGA and ASIC miners for KAS incoming. The E300 was initially priced at $4999 USD and is currently available at $5199 USD - [Crypto exchange Huobi returns to profitability in Q1 after restructuring](https://www.ltc-tv.com/blockchain/crypto-exchange-huobi-returns-to-profitability-in-q1-after-restructuring/) - According to an April 10 tweet by Justin Sun — the de facto owner of cryptocurrency exchange Huobi Global — Huobi saw $150 million in revenue during Q1 2023 compared with $120 million in expenditures, resulting in a net income of $30 million. Sun said that “a large number of measures were taken to reduce costs and - [Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ordinal-inscriptions-surpass-1-million-mark-miners-collect-4-7m-in-fees-as-bitcoin-nft-trend-continues-bitcoin-news/) - On April 8, 2023, the number of Ordinal inscriptions surpassed the million mark as the non-fungible token (NFT) trend has seemingly become a mainstay. Presently, on Sunday, April 9, the total number of Ordinal inscriptions is 1,049,263, and so far, 169.85 bitcoins worth $4.7 million have been collected in fees. Ordinal Inscriptions Reach 1 Million - [Community wants Arbitrum Foundation to return 700M ARB to DAO Treasury](https://www.ltc-tv.com/blockchain/community-wants-arbitrum-foundation-to-return-700m-arb-to-dao-treasury/) - As per the proposal, the Foundation should proceed with its budget plan only after returning the tokens. "This is a symbolic gesture to demonstrate that the governance holders ultimately control the DAO, not the Arbitrum service provider nor the Foundation," said a community member. Voting will end on April 14. At the time of writing, - [Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/binance-us-struggles-to-secure-banking-partner-amid-regulatory-crackdown-on-crypto-industry-bitcoin-news/) - Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say - [Bitcoin white paper hidden on macOS, Binance and DOGE news...](https://www.ltc-tv.com/blockchain/bitcoin-white-paper-hidden-on-macos-binance-and-doge-news/) - Top Stories This Week Bitcoin white paper is apparently hiding in Apple’s modern macOS Satoshi Nakamoto’s original white paper laying out the thesis for the Bitcoin network is seemingly hiding within every modern version of the operating system for Apple’s Mac computers. An April 5 blog post from technologist Andy Baio revealed that a PDF - [Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/reports-claim-chivo-bitcoin-wallet-is-flagging-wasabi-transactions-in-el-salvador-bitcoin-news/) - According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the government’s bitcoin wallet software is flagging and freezing wallets that receive transactions from Wasabi, a non-custodial bitcoin wallet that utilizes Coinjoin technology - [Ethereum projects launch MEV Blocker to protect users from high prices: Finance Redefined](https://www.ltc-tv.com/blockchain/ethereum-projects-launch-mev-blocker-to-protect-users-from-high-prices-finance-redefined/) - Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.A total of 27 Ethereum projects joined hands to minimize the cost incurred by users in the form of maximal extractable value (MEV). The launch partners include Balancer, Gnosis DAO, - [Ukraine Dismantles $40 Million Russian Crypto Pyramid – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ukraine-dismantles-40-million-russian-crypto-pyramid-bitcoin-news/) - Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With Russian Roots Busted in Ukraine Officers from the Security Service of Ukraine - [Solana reveals cost-cutting solution for on-chain storage](https://www.ltc-tv.com/blockchain/solana-reveals-cost-cutting-solution-for-on-chain-storage/) - Layer-1 blockchain Solana has released a new solution aiming to drastically reduce the cost of on-chain storage. Called state compression, the technology promises to bring down the cost of minting 1 million nonfungible tokens (NFTs) on the network to nearly $110. “After numerous phases of development, adoption, and rollout, compressed NFTs are live on Solana’s mainnet-beta - [Microstrategy's Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/microstrategys-bitcoin-holdings-reach-140000-btc-after-acquiring-1045-more-bitcoins-bitcoin-news/) - Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins - [Pantera Capital leads $22.5M investment in M^ZERO Labs for decentralized infrastructure](https://www.ltc-tv.com/blockchain/pantera-capital-leads-22-5m-investment-in-mzero-labs-for-decentralized-infrastructure/) - Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed - [P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/p2p-bitcoin-exchange-paxful-suspends-marketplace-with-uncertainty-of-return-bitcoin-news/) - According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could not share the full story at this time. - [Crypto could eliminate 97% of traditional remittance fees: Coinbase](https://www.ltc-tv.com/blockchain/crypto-could-eliminate-97-of-traditional-remittance-fees-coinbase/) - A recent blog post from cryptocurrency exchange Coinbase indicates the vast majority of U.S. remittance fees for international transfers wouldn’t apply to similar transactions conducted using cryptocurrency. According to the exchange’s research, “The US average fee rate of 6.18%, means Americans' average yearly spend is likely close to $12 billion on remittance fees.” The post goes - [INX security token platform gets its first token from a public company, Greenbriar](https://www.ltc-tv.com/blockchain/inx-security-token-platform-gets-its-first-token-from-a-public-company-greenbriar/) - INX has launched its first securities token issued by a public company, according to an Apr. 3 announcement from the tokenization platform.Public company shares on the blockchain?Witness the future in action!Proud to team up with @Greenbriarcorp to tokenize its GEBRF traditional shares in an industry-first!https://t.co/sS4p5MIwa3— INX (@INX_Group) April 3, 2023 The new token represents shares - [Twitter Changes Bird Logo to Picture of Doge, Dogecoin Price Surges 23% After the Change – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/twitter-changes-bird-logo-to-picture-of-doge-dogecoin-price-surges-23-after-the-change-bitcoin-news/) - On Monday, Twitter users noticed that the traditional blue bird logo had been replaced by a cartoon picture of Doge. Meanwhile, the leading meme coin cryptocurrency, Dogecoin, jumped 23% higher against the U.S. dollar after the logo change. Twitter Bird Logo Changes to Doge Twitter has updated its logo, replacing it with a picture of - [Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/trump-cards-jump-amid-indictment-strong-quarter-for-nft-market-bitcoin-news/) - Sales of Donald Trump’s digital collectibles surged following the news of his indictment in New York on Thursday. Meanwhile, a report revealed that the market for non-fungible tokens (NFTs) has seen its strongest quarter since early last year, reaching a trading volume of $4.7 billion, despite a weaker March. Trump NFTs Spike as Former President - [Arbitrum's first governance proposal sparks controversy with $1B at stake](https://www.ltc-tv.com/blockchain/arbitrums-first-governance-proposal-sparks-controversy-with-1b-at-stake/) - A proposal to fund the Arbitrum Foundation with 750 million ARB tokens — nearly $1 billion — raised controversy in the ARB community over the weekend, as the Foundation announced that it was only ratifying a decision that had already been made. The conflict comes after a few days the layer-2 protocol airdropped its governance token. - [Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court – Taxes Bitcoin News](https://www.ltc-tv.com/bitcoin-news/bitcoin-profits-deemed-taxable-by-denmarks-supreme-court-taxes-bitcoin-news/) - Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts. Denmark’s High Court Considers Crypto Gains Taxable Under Current Law Profits - [FTX EU opens withdrawal, Elon Musk calls for AI halt, Binance...](https://www.ltc-tv.com/blockchain/ftx-eu-opens-withdrawal-elon-musk-calls-for-ai-halt-binance/) - Top Stories This Week FTX EU launches withdrawal website to pay back European users The European arm of FTX has launched a website to allow customers in Europe to submit withdrawal requests. It comes nearly five months after the global trading platform collapsed and went bankrupt in early November. Meanwhile, in the United States, lawyers - [Crypto exchange Bittrex to wind down operations in the US](https://www.ltc-tv.com/blockchain/crypto-exchange-bittrex-to-wind-down-operations-in-the-us/) - Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform's ninth anniversary, marking a bittersweet moment for the company. Due to continued regulatory uncertainty, we have made the difficult decision to wind down our U.S. operations, - [Bitcoin's Average and Median-Sized Network Fees Rose 40% Higher in March – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/bitcoins-average-and-median-sized-network-fees-rose-40-higher-in-march-bitcoin-news/) - In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin - [Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows – Exchanges Bitcoin News](https://www.ltc-tv.com/bitcoin-news/most-crypto-sent-from-wallets-sponsoring-russia-in-ukraine-war-reaches-cexs-binance-research-shows-exchanges-bitcoin-news/) - Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto trading platforms in order to be laundered. Over 90% of Pro-Russian Crypto - [Japan plans to form expert panel to explore digital yen: Report](https://www.ltc-tv.com/blockchain/japan-plans-to-form-expert-panel-to-explore-digital-yen-report/) - Japan's Finance Ministry is planning to establish an expert panel in April to explore the feasibility of introducing a digital yen, Japanese news outlet NHK reported. According to the report, the ministry’s panel will focus on the creation of a framework for a central bank digital currency (CBDC) and will refer to a technical study conducted - [Optimism reigned at Paris Blockchain Week](https://www.ltc-tv.com/blockchain/optimism-reigned-at-paris-blockchain-week/) - Expectations for Paris Blockchain Week were relatively low considering the downbeat market conditions. However, Paris can always surprise you. Indeed, conference halls at the event were not nearly as empty or depressing as Consensus after the big crypto meltdown of 2018. People were present, and conversations were fruitful. (And yes, the croissants were, as always, - [Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations – Regulation Bitcoin News](https://www.ltc-tv.com/bitcoin-news/senate-banking-committee-holds-hearing-on-recent-bank-collapses-calls-for-tougher-regulations-regulation-bitcoin-news/) - On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday - [Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/do-kwons-extradition-likely-to-take-time-montenegrin-prosecutor-says-bitcoin-news/) - A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the - [Circle announces USDC launch for Cosmos via Noble network](https://www.ltc-tv.com/blockchain/circle-announces-usdc-launch-for-cosmos-via-noble-network/) - USD Coin (USDC) will soon be available in the Cosmos ecosystem via the Noble network, according to a blog post from the Noble development team. The post was shared on Twitter by USDC issuer Circle.We're excited to bring USDC to @Cosmos! USDC is expected to launch on @noble_xyz soon, stay tuned for details. #IBC https://t.co/eqU8wno43F— - [First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/first-citizens-bank-acquires-silicon-valley-bank-costing-fdic-deposit-insurance-fund-an-estimated-20b-bitcoin-news/) - According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon Valley - [An overview of fake product detection using blockchain technology](https://www.ltc-tv.com/blockchain/an-overview-of-fake-product-detection-using-blockchain-technology/) - Digital identities can help in fake product detection by providing a unique and verifiable identity to each product, making it easier to track its movements through the supply chain and verify its authenticity, thereby preventing the circulation of fake products. In the modern era of e-commerce, the problem of fake products is prevalent, and it - [Greenpeace Unveils 'Skull of Satoshi' to Spark Debate Over Bitcoin's Environmental Impact; Creator Clarifies It 'Wasn't Meant to Be Anti-Bitcoin' – News Bitcoin News](https://www.ltc-tv.com/bitcoin-news/greenpeace-unveils-skull-of-satoshi-to-spark-debate-over-bitcoins-environmental-impact-creator-clarifies-it-wasnt-meant-to-be-anti-bitcoin-news-bitcoin-news/) - Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste materials and features smokestacks and Bitcoin logos. However, its creator, Benjamin Von Wong, explained it was not meant to be - [Community-driven crypto projects still thriving despite headwinds](https://www.ltc-tv.com/blockchain/community-driven-crypto-projects-still-thriving-despite-headwinds/) - The highly anticipated launch and airdrop of Arbitrum's native governance token ARB took place on March 23, creating a buzz around the layer-2 protocol as hundreds of thousands of eligible users and DAOs tried to claim the token. Overwhelming user demand led the airdrop claim page to crash shortly after its launch, displaying 404 and - [SEC targets Coinbase, Do Kwon arrested, FTX's $95M in Mysten...](https://www.ltc-tv.com/blockchain/sec-targets-coinbase-do-kwon-arrested-ftxs-95m-in-mysten/) - Top Stories This Week Coinbase could face SEC enforcement action for ‘potential violations of securities law’ Crypto exchange Coinbase received a Wells notice from the United States Securities and Exchange Commission (SEC) suggesting an upcoming enforcement action. According to Coinbase, the “legal threat” could potentially target its staking program, listed digital assets, wallet or Coinbase - [Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/credit-suisse-ubs-other-banks-facing-russia-sanctions-probe-in-us-report-bitcoin-news/) - Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S. banking institutions are also under scrutiny within the probe initiated by the Justice Department, sources say. Credit Suisse, US Banks Investigated for Suspected Sanctions Violations - [7 advanced humanoid robots in the world](https://www.ltc-tv.com/blockchain/7-advanced-humanoid-robots-in-the-world/) - Humanoid robots are advanced robots that are designed to look and move like humans. They are often equipped with sensors and cameras that allow them to recognize human faces and emotions, respond to voice commands and carry out conversations. Humanoid robots can be programmed to perform a wide range of tasks, such as assisting humans - [Crypto's Tricky Trio Stirs Up Trouble in 2023 – Op-Ed Bitcoin News](https://www.ltc-tv.com/bitcoin-news/cryptos-tricky-trio-stirs-up-trouble-in-2023-op-ed-bitcoin-news/) - 2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences. The following opinion editorial was written by Joseph Collement, - [Investors have more work to do in ensuring the success of Web3: PBW2023](https://www.ltc-tv.com/blockchain/investors-have-more-work-to-do-in-ensuring-the-success-of-web3-pbw2023/) - A group of professionals in Web3 took to the Master stage at Paris Blockchain Week 2023 to discuss how Web3 is changing the game for startups and investors. This new paradigm disrupts traditional business models and provides opportunities for startups and investors to tap into a new market. In the panel “Crypto, Culture, and Capital: How - [SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities – Regulation Bitcoin News](https://www.ltc-tv.com/bitcoin-news/sec-sues-tron-founder-justin-sun-for-market-manipulation-and-offering-unregistered-securities-regulation-bitcoin-news/) - The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers have been charged by the organization for promoting tron without disclosing that they were being compensated for their endorsements. Tron - [Deloitte dives into immersive experiences as more industries turn to Web3](https://www.ltc-tv.com/blockchain/deloitte-dives-into-immersive-experiences-as-more-industries-turn-to-web3/) - Immersive experiences are already popular in the entertainment, gaming and fashion industries, but they can also be a tool to address various other corporate needs, like simulating manufacturing operations and training managers to have sensitive conversations. Deloitte made this bet in late February when it announced a partnership with virtual spaces company Vatom to offer immersive - [Web2 giants coming into Web3 could benefit ecosystem — PBW founder](https://www.ltc-tv.com/blockchain/web2-giants-coming-into-web3-could-benefit-ecosystem-pbw-founder/) - Paris Blockchain Week (PBW), an annual gathering of professionals within the blockchain industry, has kicked off its fourth edition, with industry leaders and entrepreneurs from across the world gathering to discuss the latest trends and developments impacting the digital asset space.In an exclusive interview with Cointelegraph, Michael Amar, the founder and chairman of Paris Blockchain - [Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011 – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/crystal-blockchain-study-reveals-16-7-billion-in-crypto-assets-stolen-since-2011-bitcoin-news/) - Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents resulting in the theft of $4.17 - [Lido's Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation – Defi Bitcoin News](https://www.ltc-tv.com/bitcoin-news/lidos-staked-ethereum-token-steth-reaches-10-3b-market-capitalization-ranks-ninth-by-market-valuation-defi-bitcoin-news/) - With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the token’s overall market valuation to the ninth-largest position, according to the crypto market capitalization aggregation website coingecko.com. Lido Finance’s - [Polygon, Immutable zkEVM to tackle ‘huge incumbents exploiting players’](https://www.ltc-tv.com/blockchain/polygon-immutable-zkevm-to-tackle-huge-incumbents-exploiting-players/) - Gaming developers are getting a new platform on which to build Web3 games, with a tie-up between Polygon Labs and Immutable set to launch a new zero-knowledge Ethereum Virtual Machine (zkEVM).The partnership sees the two Ethereum layer-2 firms create an “Immutable zkEVM” — a Polygon (MATIC)-powered zkEVM fully supported on Immutable’s Web3 game development platform. - [Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday – Market Updates Bitcoin News](https://www.ltc-tv.com/bitcoin-news/bitcoin-surges-by-more-than-37-against-us-dollar-this-week-taps-28k-on-sunday-market-updates-bitcoin-news/) - Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market capitalization has swelled to $546 billion. Global Cryptocurrency - [DefiLlama forked as internal dispute unfolds](https://www.ltc-tv.com/blockchain/defillama-forked-as-internal-dispute-unfolds/) - A dispute has taken place within the decentralized finance (DeFi) analytics dashboard DefiLlama, leading the platform to be forked by one of its employees over the weekend. The dispute centers on the company's plans to launch a token. On March 19, pseudonymous developer at DefiLlama 0xngmi announced the firm's team was forking the platform, which was - [UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ubs-considers-acquiring-credit-suisse-requests-government-backstop-in-deal-bitcoin-news/) - After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the - [SBF legal fees, BTC market cap flips Meta,USDC climbs back to $1](https://www.ltc-tv.com/blockchain/sbf-legal-fees-btc-market-cap-flips-metausdc-climbs-back-to-1/) - Top Stories This Week Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees Sam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance policies to cover his legal expenses, according to a court filing on March 15. As per the filing, the policies provide “priority of payment” to insured individuals such as Bankman-Fried. The - [‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/next-round-of-bailouts-is-here-bitcoin-and-precious-metals-soar-amid-speculation-of-fed-policy-change-bitcoin-news/) - At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets like PMs and - [DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined](https://www.ltc-tv.com/blockchain/defi-sees-its-biggest-hack-in-2023-as-euler-loses-197m-finance-redefined/) - Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The DeFi ecosystem was once again an exploiter’s paradise this past week as lending protocol Euler Finance fell victim to a flash loan attack resulting in a net loss of - [Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12 – Technology Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ethereum-upgrade-to-implement-beacon-chain-withdrawals-scheduled-for-april-12-technology-bitcoin-news/) - During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This will enable Ethereum network validators to support withdrawal operations following - [Ethereum core developers set April 12 for Shanghai hard fork](https://www.ltc-tv.com/blockchain/ethereum-core-developers-set-april-12-for-shanghai-hard-fork/) - The target date for the highly anticipated Shanghai hard fork on Ethereum has now been set: April 12. Ethereum core developers approved the target deadline during the All Core Developers Execution Layer #157 call on March 16.The Shanghai mainnet upgrade features five Ethereum Improvement Proposals, including EIP-4985, which will enable staked Ether (ETH) withdrawals on - [UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents – Taxes Bitcoin News](https://www.ltc-tv.com/bitcoin-news/uk-treasury-budget-discusses-separate-reporting-of-crypto-assets-in-tax-documents-taxes-bitcoin-news/) - Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s - [Kaspa (KAS) Has Tied with Ethereum Classic (ETC) Among HiveOS Miners](https://www.ltc-tv.com/mining-news/kaspa-kas-has-tied-with-ethereum-classic-etc-among-hiveos-miners/) - 15 Mar 2023 Checking out the Hive OS Linux Mining OS statistics about what coins and algorithms are the most mined among the users of that mining operating systems today gives quite interesting results. Kaspa (KAS) has tied with Ethereum Classic (ETC) with each at 19% of the coins being mined, followed by Ravencoin (RVN) - [Swiss National Bank says it will support credit Suisse if necessary](https://www.ltc-tv.com/blockchain/swiss-national-bank-says-it-will-support-credit-suisse-if-necessary/) - The Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority released a joint statement on March 15 on the stability of the Swiss banking system and Credit Suisse. The problems of “certain banks in the USA” do not pose a risk for the Swiss financial system, they wrote.The statement was reportedly produced at the - [Signature Bank and former executives sued by shareholders for alleged fraud](https://www.ltc-tv.com/blockchain/signature-bank-and-former-executives-sued-by-shareholders-for-alleged-fraud/) - On March 14, a class action lawsuit was filed against the recently shut down crypto-friendly, New York-based Signature Bank, and its former chief executive office, Joseph DePaolo, chief financial officer, Stephen Wyremski, and chief operating officer, Eric Howell, for allegedly committing fraud Reuters reported. Shareholders have accused the bank of falsely claiming to be “financially strong” just - [Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/federal-investigators-probe-silicon-valley-bank-collapse-svb-and-top-execs-sued-by-shareholders-bitcoin-news/) - The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and - [Circle Partners With Cross River Bank, Handful of US 'Crypto-Friendly' Banks Remain; Okcoin Suspends USD Deposits – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/circle-partners-with-cross-river-bank-handful-of-us-crypto-friendly-banks-remain-okcoin-suspends-usd-deposits-bitcoin-news/) - Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount importance to Circle,” Allaire emphasized. Crypto Firms Scramble for - [Bitcoin surges past $24,000 on CME launch of BTC event contracts](https://www.ltc-tv.com/blockchain/bitcoin-surges-past-24000-on-cme-launch-of-btc-event-contracts/) - On Mar. 13, American derivatives marketplace CME announced the launch of Bitcoin (BTC) futures event contracts. The exchange, which is fully regulated and has cleared administrative review, will henceforth facilitate cash-settled, daily expiring contracts tied to Bitcoin futures with a "lower-cost way for investors to trade their views on the up or down price moves - [Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/silicon-valley-bank-failure-highlights-dangers-of-fractional-reserve-banking-economics-bitcoin-news/) - After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what fractional-reserve banking is and why - [How blockchain technology revolutionizes digital ownership?](https://www.ltc-tv.com/blockchain/how-blockchain-technology-revolutionizes-digital-ownership/) - Nonfungible tokens (NFTs) prove ownership by creating a unique digital certificate for a specific asset. A decentralized digital ledger that keeps track of all nonfungible token transactions and ownership changes is used to create each NFT. When generated, an NFT has a unique digital signature, signifying the ownership of the asset it stands for. This - [‘Fiat Is Fragile’ — Silicon Valley Bank's Collapse Sparks Finger-Pointing and Concerns of Contagion – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/fiat-is-fragile-silicon-valley-banks-collapse-sparks-finger-pointing-and-concerns-of-contagion-bitcoin-news/) - Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others - [Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs](https://www.ltc-tv.com/blockchain/aave-freezes-stablecoin-trading-on-avalanche-v3-as-activity-surges-on-cexs/) - Lending protocol Aave has frozen stablecoins trading and set Loan-to-Value (LTV) ratio to zero in response to recent price volatility on stablecoins after the USD Coin (USDC) depegged on March 11. According to the Aave's governance forum, the trading freeze follows an analysis from DeFi's risk manager company Gauntlet, recommending that all V2 and V3 markets - [Bitcoin Price Outlook for March – Market Updates Bitcoin News](https://www.ltc-tv.com/bitcoin-news/bitcoin-price-outlook-for-march-market-updates-bitcoin-news/) - There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum falling to two-month lows. A collapse in Silvergate Bank was one of the major catalysts leading to this month’s bearish sentiment, which now sees bitcoin trading under $20,000. With over three weeks remaining in March, - [What does the Silvergate collapse mean for crypto?](https://www.ltc-tv.com/blockchain/what-does-the-silvergate-collapse-mean-for-crypto/) - The collapse of Silvergate, a crypto-friendly bank, will likely significantly impact the crypto ecosystem and its ties with the U.S. banking sector.Earlier this week, the parent company of Silvergate Bank announced plans to wind down operations and liquidate the bank. The announcement came after the crypto-friendly bank suffered $1 billion worth of losses in the - [New lolMiner 1.70 and BzMiner v13.4.0 Bring More NEXA Performance Improvements](https://www.ltc-tv.com/mining-news/new-lolminer-1-70-and-bzminer-v13-4-0-bring-more-nexa-performance-improvements/) - 9 Mar 2023 After the recent update of both lolMiner and BzMiner that brought AMD GPU support for NEXA, there is a new update for both (jointly working on developing Nexapow) that bring fixes and additional performance and efficiency improvements. You can expect to see an improvement in the NEXA mining performance by 6-8% on - [Women in Web3 advocate for increased diversity in the ecosystem](https://www.ltc-tv.com/blockchain/women-in-web3-advocate-for-increased-diversity-in-the-ecosystem/) - Although the Web3 ecosystem is rapidly evolving, the industry still faces many challenges, one of which is its lack of diversity. The underrepresentation of women in the field remains a significant concern, as their involvement is indispensable in addressing some of the critical challenges in the sector.Web3, the next generation of the internet, is an - ['Pay Attention to QT and the Money Supply' – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/pay-attention-to-qt-and-the-money-supply-economics-bitcoin-news/) - During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the money supply is officially contracting.” This has only happened four times in the last - [Meet 7 women shaping the future of crypto and Web3](https://www.ltc-tv.com/blockchain/meet-7-women-shaping-the-future-of-crypto-and-web3/) - Women have been part of the crypto space since its genesis, developing projects, communities and brands, as well as tackling many trenches that this emerging industry demands.Yet, they have been less involved in starting Web3 businesses. According to the Web3 Career Market report by crypto exchange KuCoin, 27% of female professionals in the field have - [SRBMiner-MULTI v2.2.0 Released with Dynex Mining Support for AMD, Nvidia and Intel GPUs](https://www.ltc-tv.com/mining-news/srbminer-multi-v2-2-0-released-with-dynex-mining-support-for-amd-nvidia-and-intel-gpus/) - 8 Mar 2023 The latest update version 2.2.0 of the SRBMiner-MULTI miner comes with support for mining Dynex (DNX) that covers the not only already available Nvidia GPUs (via the official DynexSolve miner), but also adds support for DNX mining on AMD and Nvidia GPUs. The mining fee for mining Dynex with the SRBMiner-MULTI v2.2.0 - [Fed Chair Warns of Higher Interest Rates Than Previously Anticipated, Faster Hikes – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/fed-chair-warns-of-higher-interest-rates-than-previously-anticipated-faster-hikes-economics-bitcoin-news/) - Federal Reserve Chairman Jerome Powell has warned that “the ultimate level of interest rates is likely to be higher than previously anticipated.” In addition, if faster tightening is warranted, the Fed “would be prepared to increase the pace of rate hikes,” Powell said. The Fed Anticipates Higher Rates, Faster Hikes Federal Reserve Chairman Jerome Powell - [Silver Proponent Predicts Medium-to-Long-Term Prices of $125 Per Ounce Thanks to Auto Industry – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/silver-proponent-predicts-medium-to-long-term-prices-of-125-per-ounce-thanks-to-auto-industry-economics-bitcoin-news/) - Silver prices have been hovering just below the $21 per troy ounce mark over the last 24 hours, after jumping above the $24 range in mid-January. While long-term and modest forecasts expect silver to hit $30 by 2025 and $40 by 2027, Keith Neumeyer, CEO of First Majestic Silver, thinks medium to long-term, silver could - [Better Mining Efficiency of ZIL with ASICs and Old Low-VRAM GPUs on Ezil.me](https://www.ltc-tv.com/mining-news/better-mining-efficiency-of-zil-with-asics-and-old-low-vram-gpus-on-ezil-me/) - 7 Mar 2023 The Ezil.me mining pool has introduced a new beta feature targeted at miners using ASIC miners such as iPollo or older GPUs with less video memory onboard that would allow them to make more profit when dual-mining Zilliqa (ZIL). These devices do not allow to cache a DAG file for ZIL in - [Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4](https://www.ltc-tv.com/blockchain/bitcoin-asic-manufacturer-canaan-saw-82-revenue-drop-in-q4/) - According to a new filing with the United States Securities and Exchange Commission on March 7, Canaan, a Chinese Bitcoin (BTC) miner and manufacturer of application-specific integrated circuit (ASIC) mining machines, reported that its revenue decreased by 82.1% year-over-year to $56.8 million in Q4 2022. During the quarter, Canaan sold 1.9 million terahashes per second - [Investor concerns persist as crypto investment products see 4th week of outflows](https://www.ltc-tv.com/blockchain/investor-concerns-persist-as-crypto-investment-products-see-4th-week-of-outflows/) - On Mar. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that Investors have continued to display negative sentiment toward crypto investment products, with outflows totaling $17 million. The negative sentiment was primarily focused on Bitcoin (BTC), with outflows for the cryptocurrency totaling $20 million. In contrast, short-Bitcoin products saw - [Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin News](https://www.ltc-tv.com/bitcoin-news/rollkit-developers-leverage-bitcoin-for-sovereign-rollups-sparking-criticism-from-ethereum-proponents-technology-bitcoin-news/) - The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Machine (EVM) on Bitcoin as a sovereign rollup. However, some Ethereum proponents have expressed dissatisfaction with the technology being - [US Prosecutors Seek to Further Restrict Former FTX CEO Sam Bankman-Fried's Internet Access – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/us-prosecutors-seek-to-further-restrict-former-ftx-ceo-sam-bankman-frieds-internet-access-bitcoin-news/) - The U.S. attorney for the Southern District of New York (SDNY), Damian Williams, and the Department of Justice (DOJ) are requesting “proposed modifications” to the bail conditions of former FTX CEO, Sam Bankman-Fried. The SDNY prosecutor is asking the court to prohibit Bankman-Fried from using a smartphone with an internet connection. Instead, the disgraced FTX - [How both sides of the conflict have used crypto to win](https://www.ltc-tv.com/blockchain/how-both-sides-of-the-conflict-have-used-crypto-to-win/) - In the Russia-Ukraine war, both sides of the conflict have been leveraging cryptocurrencies to achieve the upper hand. Pro-Ukraine causes have collected around $200 million from crypto donations, showing how borderless and uncensorable money could be useful in time of emergency. But the Russian side has taken advantage of crypto too: a total of about $5 million - [Bybit Halts US Dollar Deposits via Bank Transfer Due to Service 'Outages' From Partner – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/bybit-halts-us-dollar-deposits-via-bank-transfer-due-to-service-outages-from-partner-bitcoin-news/) - On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit, - [What is the time value of money (TVM)?](https://www.ltc-tv.com/blockchain/what-is-the-time-value-of-money-tvm/) - Time value of money, explainedThe time value of money (TVM) is the concept that money available today is worth more than the same amount of money in the future. While inflation gradually weakens the purchasing power of money, its worth can rise over time by being invested or earning interest.The time value of money is - [Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/avalanche-sees-surge-in-btc-bridged-to-its-network-with-over-44-million-in-bitcoin-ported-on-thursday-bitcoin-news/) - According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche network. Bitcoin Bridged - [ConsenSys zkEVM set for public testnet to deliver secure settlements on Ethereum](https://www.ltc-tv.com/blockchain/consensys-zkevm-set-for-public-testnet-to-deliver-secure-settlements-on-ethereum/) - ConsenSys has announced the upcoming release of its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup to a public testnet on March 28, allowing for stress testing of the layer-2 scaling technology.ConsenSys’ research and development team has been working on its zkEVM rollup over the past four years. The zkEVM is touted to offer fast finality, high - [Russian bank issues first on-chain bank guarantee in Chinese yuan](https://www.ltc-tv.com/blockchain/russian-bank-issues-first-on-chain-bank-guarantee-in-chinese-yuan/) - Moscow Credit Bank has issued a blockchain-based bank guarantee denominated in Chinese currency, claiming the product is the first in the country. The bank guarantee exceeds 100 million Chinese yuan — or nearly $144,600 USD at time of publication. According to a statement, the transaction was performed through the Masterchain blockchain platform, andthe Russian national blockchain - [Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/coinbase-severs-ties-with-silvergate-bank-amidst-jpmorgan-downgrade-and-delayed-sec-filing-bitcoin-news/) - On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s delay of its annual 10-K filing with the U.S. Securities and Exchange Commission (SEC) and JPMorgan’s downgrade of the company’s - [Now You Can Mine KASPA (KAS) on f2pool With 500K KAS Contest for Miners](https://www.ltc-tv.com/mining-news/now-you-can-mine-kaspa-kas-on-f2pool-with-500k-kas-contest-for-miners/) - 2 Mar 2023 The f2pool has just launched its Kaspa mining pool today with a 1% PPLNS payout scheme for KAS mining and the pool is running a contest to attract miners who will be competing for 500,000 KAS in total prizes. The Kaspa (KAS) mining contest will run starting on 2022-03-02 10:00 UTC until - [New lolMiner 1.69 and BzMiner v13.3.0 Bring NEXA Support for AMD GPU Miners](https://www.ltc-tv.com/mining-news/new-lolminer-1-69-and-bzminer-v13-3-0-bring-nexa-support-for-amd-gpu-miners/) - 2 Mar 2023 While the latest updates of lolMiner and BzMiner are not the first to bring support for the Nexapow algorithm used by the NEXA project, they currently offer the fastest performance on AMD GPUs. Previously you could mine NEXA on AMD GPUS only suing the WildRig Multi miner, now you can get significant - [Koii Labbs, Idexos launch middleware bridge aiming to replace CEXs](https://www.ltc-tv.com/blockchain/koii-labbs-idexos-launch-middleware-bridge-aiming-to-replace-cexs/) - Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Terminal. While this could have been a setback for many projects and, thus, for the crypto space, it seems to be fueling infrastructure and security developments.At the ETH Denver 2023, Web3 - [UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ubs-strategists-predict-minimal-impact-of-upcoming-mt-gox-payouts-on-bitcoin-value-bitcoin-news/) - A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s - [The Goldshell MINI DOGE II 420 MH/s Scrypt ASIC Miner is Now Available](https://www.ltc-tv.com/mining-news/the-goldshell-mini-doge-ii-420-mh-s-scrypt-asic-miner-is-now-available/) - 1 Mar 2023 Goldshell has completed their new BOX II home-oriented mini miners line-up with the release of the MINI DOGE II miner that is now available on their website for orders. The new Goldshell MINI DOGE II ASIC miner, much like the other BOX II devices, comes with dual operating modes – 420 MH/s - [Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/former-ftx-director-pleads-guilty-to-charges-of-fraud-money-laundering-and-us-campaign-finance-violations-bitcoin-news/) - Roughly 11 days ago, it was reported that Nishad Singh, the former director of engineering at FTX, was working with federal prosecutors to arrange a plea deal. On Tuesday, Singh pleaded guilty to criminal charges and stated, “I am unbelievably sorry for my role in all of this.” Singh Cooperating With Authorities in FTX Investigation; - [Vitalik Buterin says 'more still needs to be done' over high Ethereum txn fees](https://www.ltc-tv.com/blockchain/vitalik-buterin-says-more-still-needs-to-be-done-over-high-ethereum-txn-fees/) - In a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve the namesake network to better facilitate ETH as a means of payment. In one instance, Buterin shared how he tried to pay for tea for himself and friends at a coffee shop in Argentina in - [Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value – Altcoins Bitcoin News](https://www.ltc-tv.com/bitcoin-news/artificial-intelligence-crypto-assets-continue-to-surge-accounting-for-4-billion-in-market-value-altcoins-bitcoin-news/) - Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to more than $4 billion, which accounts for 0.37% of the entire crypto economy’s value. Majority of - [Blockchain Founders Fund raises $75M to encourage Web3 mass adoption](https://www.ltc-tv.com/blockchain/blockchain-founders-fund-raises-75m-to-encourage-web3-mass-adoption/) - Blockchain Founders Fund, a venture capital fund supporting the adoption of Web3 and blockchain technology, has announced the close of a $75 million fundraising round from companies such as Polygon, Ripple, Octava, NEO Global Capital, Appworks, GSR, LD Capital, Metavest Capital and others, such as Sebastien Borget, chief operating officer of The Sandbox.According to the announcement, - [Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/market-strategist-michael-wilkerson-believes-us-inflation-could-rise-to-12-by-year-end-despite-predictions-of-decrease-bitcoin-news/) - While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The country’s inflation rate has cooled down over the past seven months, but Wilkerson insists - [How to create an IT strategy for your business](https://www.ltc-tv.com/blockchain/how-to-create-an-it-strategy-for-your-business/) - Creating an information technology (IT) strategy is essential for any business that wants to stay competitive in today’s digital world. An effective IT strategy can help you leverage technology to improve efficiency, productivity and profitability. This article explains six steps to create an IT strategy for your business.Step 1: Define your business goalsSetting up a - [BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance – Altcoins Bitcoin News](https://www.ltc-tv.com/bitcoin-news/busd-stablecoin-drops-from-top-10-crypto-assets-amid-significant-decrease-in-dominance-altcoins-bitcoin-news/) - After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme - [An overview of peer-to-peer ridesharing using blockchain](https://www.ltc-tv.com/blockchain/an-overview-of-peer-to-peer-ridesharing-using-blockchain/) - Ridesharing applications like Arcade City, DAV Network, Ridecoin, and Jolocom are a few examples of platforms using peer-to-peer ridesharing technology. They demonstrate the potential of blockchain technology to revolutionize the ridesharing industry and create a more efficient, transparent and secure platform for riders and drivers. Arcade City Arcade City is a decentralized ridesharing platform that - [NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week's ETH-Based NFT Sales – Markets and Prices Bitcoin News](https://www.ltc-tv.com/bitcoin-news/nft-sales-soar-138-in-past-week-blur-market-dominates-this-weeks-eth-based-nft-sales-markets-and-prices-bitcoin-news/) - Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days. Ethereum Digital Collectibles and Mutant Ape Yacht Club Lead NFT Sales Surge While crypto asset - [Recycle-to-earn, a new frontier for blockchain technology toward ESG goals](https://www.ltc-tv.com/blockchain/recycle-to-earn-a-new-frontier-for-blockchain-technology-toward-esg-goals/) - “Recycle-to-earn”: This was the motto presented by Eric Vogel earlier this month while pitching his startup at the European Blockchain Convention, decades after he started recycling plastics and cans from his grandmother’s house to earn extra money for a Game Boy. Vogel’s love for video games and increasing interest in the impact of recycling were his - [Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby's](https://www.ltc-tv.com/blockchain/snow-crash-manuscript-that-coined-the-term-metaverse-to-be-auctioned-by-sothebys/) - The original manuscript of Neil Stephenson’s Snow Crash — the book which coined the term “Metaverse,” — will be auctioned by Sotheby’s, according to a page on Sotheby’s official website. The auction is part of a Feb. 23 series called “Infocalypse” that includes six physical and six digital items related to the famous book.The original manuscript - [Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/developers-propose-cross-chain-bridge-for-xrpl-network-to-enhance-blockchain-interoperability-bitcoin-news/) - Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function and suggests ways to prevent transaction replay. Ripplex Dev Proposes XRPL Cross-Chain Bridge - [Enterprise blockchain is transforming business operations and reducing costs: Web3 exec](https://www.ltc-tv.com/blockchain/enterprise-blockchain-is-transforming-business-operations-and-reducing-costs-web3-exec/) - Blockchain technology is often a valuable tool in solving various business challenges due to its ability to create secure, trusted, and transparent data sources and has gained traction across industries as businesses seek efficiency and cost reductions.Daniela Barbosa, the Executive Director at the open-source blockchain development firm the Hyperledger Foundation, spoke to Cointelegraph about how - [US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/us-federal-trade-commission-investigates-marketing-schemes-of-crypto-firm-voyager-bitcoin-news/) - According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has objected to Binance US purchasing Voyager’s assets. FTC’s Objection to Voyager’s Proposed Sale Plan Could Impact Bankruptcy - [Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/most-retail-crypto-investors-lost-money-over-the-last-7-years-according-to-bis-analysis-bitcoin-news/) - According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application download statistics gathered by BIS researchers suggest that most median retail crypto - [Carbon market gets a much-needed boost from blockchain technology — Web3 exec](https://www.ltc-tv.com/blockchain/carbon-market-gets-a-much-needed-boost-from-blockchain-technology-web3-exec/) - Automated systems and blockchain technology are being increasingly utilized to improve the efficiency and accuracy of the carbon market, a critical component in the fight against climate change. Cointelegraph spoke to Bill Kentrup about the role of blockchain technology in digitizing verifiable data in the carbon market. Kentrup is the head of origination and co-founder of - [Modular blockchains could be the next hot crypto market trend in 2023](https://www.ltc-tv.com/blockchain/modular-blockchains-could-be-the-next-hot-crypto-market-trend-in-2023/) - The public blockchain sector grew from less than a few million dollars in the last decade to a $1 trillion industry. However, one thing that the space has yet to solve is a decentralized and secure interoperable solution.Let's take Ethereum (ETH) to Bitcoin (BTC), the largest blockchain network, for example. Till today, centralized exchanges are - [Quick Comparison of the Goldshell KD BOX PRO and Goldshell KD BOX II Kadena ASIC Miners](https://www.ltc-tv.com/mining-news/quick-comparison-of-the-goldshell-kd-box-pro-and-goldshell-kd-box-ii-kadena-asic-miners/) - 20 Feb 2023 Goldshell’s new KD BOX II Kadena (KDA) ASIC miners are getting into the hands of more and more small and home miners and we’ve also picked up one (now also a WiFi version is available) and have decided to do a quick comparison between the KD BOX II and the older KD - [Ethereum's Transition to Proof-of-Stake Yields Deflationary Results – Altcoins Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ethereums-transition-to-proof-of-stake-yields-deflationary-results-altcoins-bitcoin-news/) - After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to - [FTX Warns Community of Phony 'Debt Tokens' and Scams Claiming to Be Affiliated With the Bankrupt Exchange – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ftx-warns-community-of-phony-debt-tokens-and-scams-claiming-to-be-affiliated-with-the-bankrupt-exchange-bitcoin-news/) - On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets or “debt tokens.” The alert comes as a - [Helium Network sets migration to Solana for March](https://www.ltc-tv.com/blockchain/helium-network-sets-migration-to-solana-for-march/) - Communications protocol Helium Network has defined March 27 as the date for its migration to the Solana blockchain and deployment of Oracles, seeking to improve scalability and reliability.According to a blog post on Feb. 17, a 24-hour transition period will take place on March 27, during which the current Helium blockchain will be halted. Proof-of-Coverage - [NFT Sales Surge Over 43% in Past Week, Topping $397 Million – Markets and Prices Bitcoin News](https://www.ltc-tv.com/bitcoin-news/nft-sales-surge-over-43-in-past-week-topping-397-million-markets-and-prices-bitcoin-news/) - Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions. NFT Sales Continue to Rise in 2023, Ethereum Dominates NFT - [How the Ordinals movement will benefit the Bitcoin blockchain](https://www.ltc-tv.com/blockchain/how-the-ordinals-movement-will-benefit-the-bitcoin-blockchain/) - Bitcoin (BTC) NFTs will have a positive impact on Bitcoin ecosystem by improving its security and incentivizing developers to build on the network, according to independent developer Udi Wertheimer. The number of newly created Ordinals, also referred to as "inscriptions", have been spiking in recent weeks, causing a surge in transaction fees and average block size - [SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined](https://www.ltc-tv.com/blockchain/secs-staking-crackdown-has-uncertain-consequences-for-defi-finance-redefined/) - Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The United States Securities and Exchange Commission’s (SEC) crackdown on crypto-staking services could lead to uncertain consequences for the DeFi ecosystem.Cybercriminals used various methods to siphon funds through hacks and - [Colombian Court Holds Hearing in the Metaverse – Metaverse Bitcoin News](https://www.ltc-tv.com/bitcoin-news/colombian-court-holds-hearing-in-the-metaverse-metaverse-bitcoin-news/) - Colombian courts held one of the first judicial hearings using metaverse tech. María Victoria Quiñones Triana, the magistrate of the Magdalena court, approved the realization of this hearing, using Horizon Worlds technology provided by Meta and virtual avatars to represent participants in the process. Colombian Court Holds Metaversal Judicial Hearings A Colombian court has ostensibly - [eBay NFT platform KnownOrigin launches creator smart contract](https://www.ltc-tv.com/blockchain/ebay-nft-platform-knownorigin-launches-creator-smart-contract/) - According to a new twitter post on Feb. 16, e-commerce platform eBay's nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users have been testing its Creator Contract beta release for the - [Stanford Alumni Revealed as Co-Signers of FTX Co-Founder's $250M Bond – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/stanford-alumni-revealed-as-co-signers-of-ftx-co-founders-250m-bond-bitcoin-news/) - According to the latest court documents in the fraud case involving former FTX CEO Sam Bankman-Fried in Manhattan, the New York judge presiding over the case unsealed the co-signers of Bankman-Fried’s bond on Wednesday. The names of the two bail bond co-signers that were previously redacted from court documents are Stanford University alumni Larry Kramer - [Napster Expands Into Web3 Music Space With Acquisition of Mint Songs – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/napster-expands-into-web3-music-space-with-acquisition-of-mint-songs-bitcoin-news/) - On Wednesday, Napster, the music streaming service originally launched in 1999, announced that the company has finalized a deal to acquire the Web3 music startup Mint Songs. Napster’s CEO, Jon Vlassopulos, insists that “we are in an unprecedented era of innovation in the digital music space,” and he believes Web3 innovations can help musicians find - [Zipmex says it may resume 100% of Z wallet withdrawals subject to conditions](https://www.ltc-tv.com/blockchain/zipmex-says-it-may-resume-100-of-z-wallet-withdrawals-subject-to-conditions/) - According to a new press release on Feb. 15, Thai cryptocurrency exchange Zipmex stated that it sent a new scheme to all firm's eligible creditors through its scheme manager KordaMentha. As told by Zipmex, the creditors have until Feb. 21, 2023 to vote on the scheme and "will receive 100% of their digital assets in - [Nomura invests in Ethereum money market protocol](https://www.ltc-tv.com/crypto-news/nomura-invests-in-ethereum-money-market-protocol/) - Japan-based banking giant Nomura, announced today that its digital assets subsidiary, Laser Digital, has made a strategic investment in Infinity, a non-custodial interest rate protocol built on Ethereum. Infinity’s wholesale exchange, the first of several planned infrastructures, provides inter-exchange clearing, fixed and floating rate markets, as well as enterprise-grade risk management utilizing hybrid on-chain/off-chain infrastructures - [NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours – Markets and Prices Bitcoin News](https://www.ltc-tv.com/bitcoin-news/nft-marketplace-blur-launches-native-token-blur-price-drops-85-in-a-matter-of-hours-markets-and-prices-bitcoin-news/) - The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than 85% against the U.S. dollar. BLUR Token Launch Records - [Digital Asset Provider Raises $65M in Series B Led by Credit Suisse](https://www.ltc-tv.com/blockchain/digital-asset-provider-raises-65m-in-series-b-led-by-credit-suisse/) - Taurus, a digital asset infrastructure provider for financial institutions in Europe, has raised $65 million in a Series B capital raise led by Credit Suisse. The funding round also saw participation from several other institutional investors, including Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland, and Investis. According to the announcement, the funds raised - [Binance CEO Warns of 'Profound Impacts' on Crypto Industry if BUSD Is Ruled as a Security – Altcoins Bitcoin News](https://www.ltc-tv.com/bitcoin-news/binance-ceo-warns-of-profound-impacts-on-crypto-industry-if-busd-is-ruled-as-a-security-altcoins-bitcoin-news/) - Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Securities and Exchange Commission (SEC) against Paxos, the issuer of Binance USD. Binance’s CEO on SEC Action Against Paxos and BUSD Following - [DeFi exploits and access control hacks cost crypto investors billions in 2022: Report](https://www.ltc-tv.com/blockchain/defi-exploits-and-access-control-hacks-cost-crypto-investors-billions-in-2022-report/) - Cyber criminals used a variety of novel ways to carry out hacks and exploits in 2022, with over $2.8 billion of cryptocurrency stolen last year.According to a report from CoinGecko using data sourced from DeFiYield’s REKT Database, nearly half of the total crypto stolen in 2022 was fleeced using diverse methods. This includes bypassing verification - [Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning – Exchanges Bitcoin News](https://www.ltc-tv.com/bitcoin-news/russia-releases-bitzlato-co-founder-anton-shkurenko-after-questioning-exchanges-bitcoin-news/) - Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions of U.S. dollars. Anton Shkurenko, who was questioned in Moscow, denies the French charges against him that became the reason for his brief detention. Shkurenko Says Potential Case Against Him in Russia Won’t Interfere With - [Monetary policy: Definition, types and tools](https://www.ltc-tv.com/blockchain/monetary-policy-definition-types-and-tools/) - What is monetary policy?Monetary policy refers to the actions taken by a central bank or monetary authority to manage the supply of money and interest rates in an economy, with the aim of promoting economic growth and stability. To affect the price and accessibility of credit, this may entail altering the money supply, setting interest - [Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/paypal-puts-stablecoin-plans-on-hold-as-us-regulators-crack-down-on-crypto-industry-bitcoin-news/) - During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold - [Bitcoin miners as energy buyers, explained](https://www.ltc-tv.com/blockchain/bitcoin-miners-as-energy-buyers-explained/) - To power their mining operations, Bitcoin miners either purchase electricity from conventional and renewable energy sources or develop and run their own renewable energy facilities, turning them into energy consumers. Miners typically purchase electricity from energy providers, such as utility companies or independent power producers, to mine BTC. They then use that electricity to power - [SecretDAO votes to restructure foundation after public spat between organizations](https://www.ltc-tv.com/blockchain/secretdao-votes-to-restructure-foundation-after-public-spat-between-organizations/) - The decentralized autonomous organization that governs privacy-focused blockchain Secret Network has voted to restructure its foundation as a nonprofit with a “transparent operation,” according to the proposal’s official page.Congrats to the #SecretNetwork community! The Secret Foundation has been restructured as an NPO, with a community-elected board & amendments requested by the founder. #blockchain #cryptocurrency— Krypton - [Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program – Regulation Bitcoin News](https://www.ltc-tv.com/bitcoin-news/kraken-ceo-calls-on-congress-to-protect-us-crypto-industry-following-settlement-with-sec-over-staking-program-regulation-bitcoin-news/) - The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service. Kraken’s CEO Responds to SEC Action Kraken CEO Jesse Powell urged Congress to pass a - [Coincover secures $30 million in funding to strengthen digital asset security](https://www.ltc-tv.com/blockchain/coincover-secures-30-million-in-funding-to-strengthen-digital-asset-security/) - London-based digital asset protection firm, Coincover, has secured $30 million in a funding round led by Foundation Capital, with a follow-on investment from CMT digital. According to Coincover’s announcement, the funds will be used to scale its operations, drive recruitment, develop new products, and form partnerships to help strengthen the security of the cryptocurrency ecosystem, thereby, - [Major Crypto ATM Operator Coin Cloud Files for Bankruptcy – Featured Bitcoin News](https://www.ltc-tv.com/bitcoin-news/major-crypto-atm-operator-coin-cloud-files-for-bankruptcy-featured-bitcoin-news/) - One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files for Bankruptcy Cash Cloud Inc., a digital asset - [3AC Co-Founder Kyle Davies Fails to Respond to Liquidators' Subpoena Despite Twitter Delivery – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/3ac-co-founder-kyle-davies-fails-to-respond-to-liquidators-subpoena-despite-twitter-delivery-bitcoin-news/) - According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via Twitter. Representatives from advisory company Teneo state that Davies continues to ignore his obligations to Three Arrows. 3AC Liquidators - [ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle](https://www.ltc-tv.com/blockchain/consensys-adds-7-03m-votes-to-uniswap-bnb-chain-migration-proposal-amid-vc-battle/) - Web3 infrastructure developer ConsenSys, the maker of the popular MetaMask digital wallet, has cast 7.03 million votes in favor of a proposal that would see decentralized exchange Uniswap’s v3 protocol deployed on BNB Chain, according to data from Tally. The votes are denominated by the number of underlying UNI owned by ConsenSys, which is worth - [Asking the ChatGPT AI to Predict the Future Price of Bitcoin](https://www.ltc-tv.com/mining-news/asking-the-chatgpt-ai-to-predict-the-future-price-of-bitcoin/) - It seems that Artificial Intelligence (AI) is the hot topic all over the place now with ChatGPT by OpenAI being one of the most widely used tool at the moment and people are asking the AI chatbot all kinds of questions, including a lot of crypto related ones. So, why not ask what the artificial - [Binance to support users in Turkey’s earthquake region with $100 airdrops in BNB tokens](https://www.ltc-tv.com/blockchain/binance-to-support-users-in-turkeys-earthquake-region-with-100-airdrops-in-bnb-tokens/) - The devastating earthquake that hit Turkey on Feb 6 has left a trail of destruction in its wake, affecting numerous communities and individuals.In response to the tragedy, cryptocurrency exchangeBinance has announced that it will airdrop $100 USD worth of BNB tokens to all Binance users residing in regions hardest hit by the earthquake. The process - [Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/law-firm-subpoenas-ftx-co-founder-top-executives-and-former-alameda-ceo-over-voyager-digital-deal-bitcoin-news/) - On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda Loan Agreement” between Alameda Ventures and Voyager, as well as other important documents. Additionally, Voyager Digital has subpoenaed - [New Rigel 1.3.5 Nvidia GPU Miner With Further Improved NEXA Performance](https://www.ltc-tv.com/mining-news/new-rigel-1-3-5-nvidia-gpu-miner-with-further-improved-nexa-performance/) - 7 Feb 2023 The latest update of the Rigel miner version 1.3.5 once more brings it to the top spot in terms of mining performance for NEXA mining after it has briefly lost its leading position to the recent release of lolMiner 1.67 that also brought significant hashrate improvements for the nexapow mining algorithm. Besides - [Digital bank Revolut launches crypto staking for UK and EEA customers: Report](https://www.ltc-tv.com/blockchain/digital-bank-revolut-launches-crypto-staking-for-uk-and-eea-customers-report/) - United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers. According to a report by London-based news agency altfi, the staking feature is expected to go live this week, allowing users to generate income on their crypto assets during its "soft testing" - [Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists 'Withdrawals are Coming' – Technology Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ethereum-plans-shapella-transition-on-zhejiang-testnet-dev-insists-withdrawals-are-coming-technology-bitcoin-news/) - Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow two days later, followed by the Goerli testnet. He noted that the testnet has a faucet, block explorer, and staking - [New lolMiner 1.67 Release Focused on Improving NEXA Mining Performance](https://www.ltc-tv.com/mining-news/new-lolminer-1-67-release-focused-on-improving-nexa-mining-performance/) - 6 Feb 2023 There is a new lolMiner 1.67 release that is apparently focused on improving support and performance for the nexapow algorithm used by the NEXA project. The performance improvements can vary depending on the kind of Nvidia GPUs you have available and can go as high as up to about 35% as per - [Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/market-strategist-predicts-gold-will-be-the-top-performer-in-2023-over-cryptocurrencies-and-equities-bitcoin-news/) - Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, Soloway emphasized his belief that “gold will be the best performer” this year and stated that the U.S. Federal Reserve will not cut rates until a “massively nasty recession” occurs. - [What is the global financial crisis and its impact on the global economy](https://www.ltc-tv.com/blockchain/what-is-the-global-financial-crisis-and-its-impact-on-the-global-economy/) - When the financial system or the economy as a whole undergoes a rapid and large decline, it is said to be in a financial crisis. Financial assets like stocks, bonds, and real estate often see a sharp and significant decline in value during financial crises. They can also be identified by a decline in credit - [Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/debate-intensifies-over-significance-and-implications-of-ordinal-inscriptions-on-bitcoin-blockchain-bitcoin-news/) - During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on the Bitcoin blockchain. Ordinal Inscriptions on Bitcoin Blockchain Spark Debate Among Crypto Community The controversial NFT concept - [The world must take a ‘collective action’ approach to regulations — India’s finance minister](https://www.ltc-tv.com/blockchain/the-world-must-take-a-collective-action-approach-to-regulations-indias-finance-minister/) - In a recent television interview, India’s Finance Minister, Nirmala Sitharaman, suggested that regulation “cannot be done” by a single country; it requires an international effort.Speaking to Rahul Joshi on CNBC-TV18 in India on Feb. 3, Sitharaman noted that while the central bank is the “authority for issuing cryptocurrency,” the rest of the digital assets created outside - [Are Cosmos’ ecosystem growth and roadmap enough to sustain ATOM’s current 50% monthly rally?](https://www.ltc-tv.com/blockchain/are-cosmos-ecosystem-growth-and-roadmap-enough-to-sustain-atoms-current-50-monthly-rally/) - In September 2022, Interchain Foundation, the team behind Cosmos’ development , introduced the Cosmos ATOM 2.0 whitepaper. The document proposed significant changes to Cosmos’s design, including a tokenomics upgrade to fund the Cosmos ecosystem development and reduce ATOM inflation.While the whitepaper launch acted as a bullish catalyst for ATOM price, the community vote to pass - [DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/doj-appointed-us-trustee-objects-to-subpoena-request-in-ftx-bankruptcy-case-bitcoin-news/) - Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S. Trustee appointed by the Department of Justice has filed an opposition to the request. The U.S. Trustee explained that the motion would duplicate the efforts of the federally appointed independent examiner. U.S. Trustee Argues for - [ETH platform Blocknative adds bundles, cancellation, replacement](https://www.ltc-tv.com/crypto-news/eth-platform-blocknative-adds-bundles-cancellation-replacement/) - Blocknative, a real-time Ethereum (ETH) infrastructure platform, has newly introduced features including transaction bundle send, cancellation, and replacement support for the Blocknative Builder. Searchers can now submit MEV bundles privately to the Blocknative Builder to be included on-chain. This market utility builds upon Blocknative’s reliable, real-time infrastructure that is systematically important to the Ethereum ecosystem. - [Lack of liquidity mitigated damages to BonqDAO exploit: Report](https://www.ltc-tv.com/blockchain/lack-of-liquidity-mitigated-damages-to-bonqdao-exploit-report/) - According to blockchain security firm CertiK, the damage caused to decentralized protocol BonqDAO on Feb. 1 may have been much less than initially thought. As told by CertiK, the attacker first borrowed 100 million BEUR, a euro stablecoin, with less than $1,000 in collateral due to a lack of controls on the collateralization ratio. If users - [Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse – Defi Bitcoin News](https://www.ltc-tv.com/bitcoin-news/smart-contract-token-market-soars-to-332-billion-defi-value-reaches-high-not-seen-since-ftx-collapse-defi-bitcoin-news/) - The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023, the top smart - [What is Solend and how does it work](https://www.ltc-tv.com/blockchain/what-is-solend-and-how-does-it-work/) - Solend is a decentralized lending and borrowing protocol built on Solana. It is lauded for expanding the methods available for Solana users to boost financial gains. Filling a large gap in the Solana ecosystem, Solend drew a staggering $100 million in deposits in just over a month post-launch.Related: DeFi lending and borrowing, explainedSolend rode the - [Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High  – Markets and Prices Bitcoin News](https://www.ltc-tv.com/bitcoin-news/following-apts-400-rise-since-late-december-aptos-drops-20-from-all-time-high-markets-and-prices-bitcoin-news/) - On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s exchange - [Bitmain Has Announced the Upcoming AntMiner E9 Pro ETC Miners](https://www.ltc-tv.com/mining-news/bitmain-has-announced-the-upcoming-antminer-e9-pro-etc-miners/) - 1 Feb 2023 The sale of the updated Pro version of the AntMiner E9 ETC/ETC miner is apparently going to start in a few days according to a tweet from Bitmain. The new Bitmain AntMiner E9 Pro ETC miner is supposed to deliver 3680 MH/s with 2200 Watts of power usage or 0.6J per MH/s - [Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/massachusetts-based-bankprov-to-end-loan-offerings-secured-by-cryptocurrency-mining-rigs-bitcoin-news/) - The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan portfolio will continue to decrease as the company has discontinued new loan - [Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?](https://www.ltc-tv.com/blockchain/rumor-has-it-that-dogecoin-could-shift-to-proof-of-stake-what-does-that-mean-for-miners/) - There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS). Do I know if Dogecoin is switching to PoS? No. Do I think it’s going to PoS? Probably not.But I love the “what if” game.As a person who works in the crypto mining industry, I do my best to gauge where the market and - [Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From 'Extreme Fear' to 'Greed' – Market Updates Bitcoin News](https://www.ltc-tv.com/bitcoin-news/bitcoin-rise-in-first-month-of-2023-moves-crypto-fear-index-from-extreme-fear-to-greed-market-updates-bitcoin-news/) - Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.” Crypto Fear Index Jumps to ‘Greed,’ Etoro Market Analyst - [Digital asset investment products see highest inflows since July 2022: Report](https://www.ltc-tv.com/blockchain/digital-asset-investment-products-see-highest-inflows-since-july-2022-report/) - On Jan. 30, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that digital asset investments experienced a surge in inflows last week, reaching $117 million, the highest since July 2022. CoinShares reported that the sector’s total assets under management rose to $28 billion, a 43% increase from its November 2022 - [How to Properly Dual Mine KAS + ZIL With the Rigel 1.3.4 Nvidia GPU Miner](https://www.ltc-tv.com/mining-news/how-to-properly-dual-mine-kas-zil-with-the-rigel-1-3-4-nvidia-gpu-miner/) - 29 Jan 2023 The Rigel Nvidia GPU miner is a newcomer among the mining software solutions for GPU miners and more specifically for Nvidia GPU mining rig operators, but it is doing quite well in terms of competing with other older and more established and widely used miners. It does not support that many algorithms, - [The Rise of AI-Focused Projects in 2023 – Blockchain Bitcoin News](https://www.ltc-tv.com/bitcoin-news/the-rise-of-ai-focused-projects-in-2023-blockchain-bitcoin-news/) - Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai has seen its native token FET rise 212% in the past 30 - [Fantom (FTM) Gains 39% In 7 Days Following its Integration With Axelar Network](https://www.ltc-tv.com/crypto-news/fantom-ftm-gains-39-in-7-days-following-its-integration-with-axelar-network/) - Fantom (FTM) has been one of the best-performing tokens of 2023, pulling off a series of impressive gains in the last few weeks. Following the market crash in late 2022, FTM began the new year trading as low as $0.2007, representing a 94.19% decline from its all-time high value of $3.46. However, with the entire - [Yuga Labs co-founder to take leave of absence due to health reasons](https://www.ltc-tv.com/blockchain/yuga-labs-co-founder-to-take-leave-of-absence-due-to-health-reasons/) - Nonfungible token (NFT) entrepreneur Wylie Aronow of Yuga Labs — the team behind Bored Ape Yacht Club (BAYC) and CryptoPunks — will be taking a leave of absence from the office to prioritize his health following a congestive heart failure diagnosis.In a Jan. 28 tweet to his 144,900 followers, Aronow said the tough decision to - [US Federal Reserve Board Issues Policy Statement That Limits Banks' Crypto Related Activities – Regulation Bitcoin News](https://www.ltc-tv.com/bitcoin-news/us-federal-reserve-board-issues-policy-statement-that-limits-banks-crypto-related-activities-regulation-bitcoin-news/) - The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from providing crypto-assets safekeeping services. Limiting Regulatory Arbitrage The - [U.S. Government Releases Roadmap To Mitigate Crypto Risk For Investors](https://www.ltc-tv.com/crypto-news/u-s-government-releases-roadmap-to-mitigate-crypto-risk-for-investors/) - The U.S. government is set to tighten regulations to mitigate the growing risks associated with the crypto industry. This development comes after increased scrutiny following the collapse of FTX and Terra Luna in 2022. In a press release on January 27, the White House put forward a comprehensive roadmap designed to protect investors and hold - [California DMV to digitize car title management system via Tezos](https://www.ltc-tv.com/blockchain/california-dmv-to-digitize-car-title-management-system-via-tezos/) - The California Department of Motor Vehicles (DMV) is testing out the digitization of car titles and title transfers via a private Tezos blockchain. The move is part of a collaboration between the California DMV, Tezos and blockchain software firm Oxhead Alpha, with the latter announcing a successful proof-of-concept on Jan. 25. The California DMV has tapped - [TradFi and DeFi come together at Davos 2023: Finance Redefined](https://www.ltc-tv.com/blockchain/tradfi-and-defi-come-together-at-davos-2023-finance-redefined/) - Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Traditional finance, or TradFi, continues to explore the world of cryptocurrencies and blockchain technology, with the World Economic Forum holding more workshops and sessions for the sector in 2023.Layer-1 blockchain - [FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ftx-lawyers-attempt-to-question-bankman-frieds-family-and-inner-circle-for-financial-insight-bitcoin-news/) - According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman and Barbara Fried. Additionally, the attorneys intend to question some of Bankman-Fried’s top deputies, including FTX co-founder Gary Wang, ex-Alameda Research CEO Caroline Ellison, the former chief - [Bitcoin Outflows Reach Highest Since FTX Crash, Bullish?](https://www.ltc-tv.com/crypto-news/bitcoin-outflows-reach-highest-since-ftx-crash-bullish/) - On-chain data shows Bitcoin exchanges have registered the most significant outflows since the collapse of the crypto exchange FTX back in November. Related Reading: Bitcoin Investors Turn Greedy For First Time Since March 2022 Bitcoin Exchange Netflow Shows Deep Negative Values As an analyst in a CryptoQuant post pointed out, around 7,000 coins have left - [The Latest lolMiner 1.66 Adds support for NEXA Mining as Well](https://www.ltc-tv.com/mining-news/the-latest-lolminer-1-66-adds-support-for-nexa-mining-as-well/) - 26 Jan 2023 The just updated lolMiner 1.66 has also introduced support for the nexapow algorithm used by the NEXA project, something we kind of expected after the recent release of BzMiner v13.0.1 that included a mention of that NEXA support has been jointly developed with the developer of lolMiner. And now the release of - [Porsche NFT trading volume nears $5M despite launch woes, minting halt](https://www.ltc-tv.com/blockchain/porsche-nft-trading-volume-nears-5m-despite-launch-woes-minting-halt/) - German luxury car manufacturer Porsche's nonfungible token (NFT) collection reached 2,839 Ether (ETH) ($4.5 million) in total sales volume, according to data from NFTScan at the time of writing on Jan. 26. The collection had a floor price of 2.74 ETH and a high price of 9.18 ETH, with over 1,705 total sales. Originally meant to have a - [Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/blur-nft-marketplace-surges-in-volume-and-market-share-rivaling-industry-leader-opensea-bitcoin-news/) - Blur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume. The NFT marketplace leader, Opensea, commands 48% of the market share. Blur NFT Marketplace Captures 30% of - [XRP Whales Accumulate Massive Tokens](https://www.ltc-tv.com/crypto-news/xrp-whales-accumulate-massive-tokens/) - The XRP price dipped in 2022 during the crypto winter, and the back-and-forth legal exchange between Ripple Labs and the U.S. Securities and Exchange Commission has not helped matters. However, the token is still attracting interest from whales and institutional investors. XRP still has a chance of recovery, which seems to be the motivation behind - [The NEXA Crypto Project is Attracting the Attention of more Crypto Miners](https://www.ltc-tv.com/mining-news/the-nexa-crypto-project-is-attracting-the-attention-of-more-crypto-miners/) - 25 Jan 2023 Just two weeks ago we have shared an interesting statistics based on the users of the widely used Hive OS Linux Mining OS that has shown the rapid increase of miners going to Kaspa (KAS) and now we are seeing the newcomer NEXA as well. So, in the last two weeks ETC - [South Korean prosecutors request arrest warrant for Bithumb owner: Report](https://www.ltc-tv.com/blockchain/south-korean-prosecutors-request-arrest-warrant-for-bithumb-owner-report/) - According to local news outlet Infomax, South Korean prosecutors requested an arrest warrant on Jan. 25 for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb. Kang is wanted on allegations of embezzlement related to his activities at the exchange.The same day, the Financial Investigation 2nd Division of the Seoul Southern District Prosecutor’s Office sentenced - [MakerDAO Passes Proposal To Deploy $100 Million USDC In Yearn Finance Vault](https://www.ltc-tv.com/crypto-news/makerdao-passes-proposal-to-deploy-100-million-usdc-in-yearn-finance-vault/) - In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million of Circle’s USD Coin (USDC) in a Yearn Finance yield-generating account called a “vault.” The proposal, submitted on January 9, aims to look for a - [Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens – Market Updates Bitcoin News](https://www.ltc-tv.com/bitcoin-news/crypto-equity-metal-markets-plunge-as-tech-earnings-disappoint-and-us-economic-weakness-deepens-market-updates-bitcoin-news/) - Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and - [The Rigel Nvidia GPU Miner Has Introduced Support for NEXA Mining](https://www.ltc-tv.com/mining-news/the-rigel-nvidia-gpu-miner-has-introduced-support-for-nexa-mining/) - 24 Jan 2023 The Rigel Nvidia GPU is a newcomer on the mining software front and apparently is less than two months old since its initial release, supports just a few crypto algorithms, but looks nice with it the terminal user interface it provides. We haven’t used it up until now, but it has attracted - [Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa's Top 15 Currencies – Economics Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ghanaian-cedi-second-worst-performing-asset-among-sub-saharan-africas-top-15-currencies-economics-bitcoin-news/) - In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 currencies. While one U.S. dollar bought 13.10 units of the cedi on the parallel market, according to the latest Bank of Ghana data, one greenback buys around 10.36 - [Bitcoin Surges To 23k As Miners Sales Sees Multi-Year Low](https://www.ltc-tv.com/crypto-news/bitcoin-surges-to-23k-as-miners-sales-sees-multi-year-low/) - Bitcoin has continued with its bullishness as it surged its price above the USD$23,000 level, a positive signal amid miners reduced the sales of their mined coins. On-chain flows flagged by Bitifinex analysts indicate that the amount of Bitcoin moved from Bitcoin mining addresses to wallets owned by cryptocurrency exchanges has declined to multi-year lows. - [SushiSwap passes 100% fee relocation, 10.9M SUSHI clawback proposals](https://www.ltc-tv.com/blockchain/sushiswap-passes-100-fee-relocation-10-9m-sushi-clawback-proposals/) - According to a governance proposal passed on Jan. 23, decentralized exchange (DEX) SushiSwap will soon redirect 100% of the platform’s trading fees to its treasury for operations and maintenance for one year’s duration. The move came after CEO Jared Grey warned that the exchange “only has 1.5 years of treasury runway left,” even after slashing - [Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus » CryptoNinjas](https://www.ltc-tv.com/crypto-news/crypto-derivatives-exchange-deribit-to-put-in-place-trade-surveillance-platform-from-eventus-cryptoninjas/) - Eventus, a provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has chosen the firm’s Validus platform to provide market abuse monitoring on the exchange. Headquartered in Panama City, Panama, Deribit is one of the largest cryptocurrency options exchanges by volume and open interest, with approximately 90% - [NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry – Regulation Bitcoin News](https://www.ltc-tv.com/bitcoin-news/nydfs-releases-guidance-on-importance-of-segregation-and-separate-accounting-for-customer-funds-in-crypto-industry-regulation-bitcoin-news/) - On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial regulator stressed that businesses should not commingle customer funds and that customer funds should be segregated with separate accounting. FTX Collapse Prompts NYDFS to Issue - [Vitalik Buterin Proposes a Privacy Fix for Ethereum](https://www.ltc-tv.com/crypto-news/vitalik-buterin-proposes-a-privacy-fix-for-ethereum/) - Vitalik Buterin, the co-founder of Ethereum, recognizes the privacy problem in the most active smart contracting platform. He is proposing a stealth address system as a possible fix. Vitalik Buterin’s idea radically differs from what Tornado Cash, a crypto mixer, and similar platforms offer. Instead of the sender having control, it would be the recipient in charge. - [Token dump following Binance listing raises insider trading suspicions](https://www.ltc-tv.com/blockchain/token-dump-following-binance-listing-raises-insider-trading-suspicions/) - Insider trading has become a burning topic in the crypto ecosystem, especially in light of the recent conviction of an ex-Coinbase manager’s brother. The insider trading charges were believed to be the first involving cryptocurrency, and now another set of wallet addresses with transaction history linked to Binance listings has raised suspicion.Conor Grogan, director of - [Mine CLORE Coins Used by the CLORE.AI Distributed Computing Platform](https://www.ltc-tv.com/mining-news/mine-clore-coins-used-by-the-clore-ai-distributed-computing-platform/) - 22 Jan 2023 The CLORE AI platform is trying to build a distributed supercomputer where regular users can offer their computational power and get paid in BTC for the use of their hardware as well as being rewarded with CLORE coins. The project runs a marketplace that can offer computational power from distributed network of - [NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023 – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/nft-market-sales-climb-16-higher-43-48-increase-in-buyers-in-third-week-of-2023-bitcoin-news/) - Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being - [Terra lending protocol Mars to launch mainnet](https://www.ltc-tv.com/blockchain/terra-lending-protocol-mars-to-launch-mainnet/) - The original Terra lending protocol, Mars Hub, announced the launch of its independent Cosmos application chain on Jan. 31, along with the issue of MARS tokens to users who hold it during the two snapshots on Terra Classic.According to a statement on Jan. 20, the Mars Hub mainnet will go live with 16 genesis validators, - [THETA Breaches $1 Level Courtesy Of Solid On-Chain Developments](https://www.ltc-tv.com/crypto-news/theta-breaches-1-level-courtesy-of-solid-on-chain-developments/) - Streaming services have become a big part of the modern society. Theta Network is building that kind of tech for the Web 3 space. The network’s native token THETA has been going bullish in the past few weeks as a result of on-chain developments and the reversal of the sentiment on cryptocurrencies. According to CoinGecko, - [WildRig Multi 0.36.4 beta Now With Faster NEXA Performance and Lower Fee](https://www.ltc-tv.com/mining-news/wildrig-multi-0-36-4-beta-now-with-faster-nexa-performance-and-lower-fee/) - 21 Jan 2023 Now that WildRig Multi is not the only GPU mining software to support NEXA mining with the recent addition of nexapow mining in the latest BzMiner (Nvidia only for now), we got a new WildRig Multi 0.36.4 beta release with improved nexapow hashrate of up to 8% for NVIDIA GPUs, slightly improved - [Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40% – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/bitcoins-crypto-market-action-holds-the-upper-hand-as-dominance-level-surpasses-40-bitcoin-news/) - On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise has led to the crypto asset’s dominance level surpassing the 40% region among - [Bitcoin Hits $23,000 As Crypto Market Cap Revisits $1 Trillion Mark](https://www.ltc-tv.com/crypto-news/bitcoin-hits-23000-as-crypto-market-cap-revisits-1-trillion-mark/) - Bitcoin, the king of cryptocurrencies, has been crossing multiple crucial resistances since the start of the year. According to CoinGecko, the coin is now up 14% in the weekly timeframe, and trading at $23,008, making BTC break through the $22,000 and $23,000 resistance levels that have limited the crypto’s ascent. This year witnessed a complete - [Bitcoin price rally provides much needed relief for BTC miners](https://www.ltc-tv.com/blockchain/bitcoin-price-rally-provides-much-needed-relief-for-btc-miners/) - Bitcoin mining powers network transactions and BTC price. During the 2021 bull run, some mining operations raised funds against their Bitcoin ASICs and BTC reserves. Miners also preordered ASICs at a hefty premium and some raised funds by conducting IPOs. As the crypto market turned bearish and liquidity seized within the sector, miners found themselves in - [FTX Debtors' List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda  – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/ftx-debtors-list-of-assets-omits-mention-of-large-stash-of-nfts-and-ens-names-owned-by-alameda-bitcoin-news/) - This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as part of FTX’s and Alameda Research’s cache. However, the disclosure to unsecured creditors does not mention the extremely large - [Bitcoin In Danger Of Another Selloff, This Metric Suggests](https://www.ltc-tv.com/crypto-news/bitcoin-in-danger-of-another-selloff-this-metric-suggests/) - A Bitcoin on-chain indicator is currently forming a pattern that has previously led to significant selloffs of the cryptocurrency. Bitcoin 100-Day SMA Supply Adjusted Dormancy Has Rapidly Gone Up As pointed out by an analyst in a CryptoQuant post, the selloff could potentially be even stronger than the one seen in November 2018. A relevant - [GameFi needs a wider choice of products to take off, Animoca Brands CEO says](https://www.ltc-tv.com/blockchain/gamefi-needs-a-wider-choice-of-products-to-take-off-animoca-brands-ceo-says/) - The lack of a wide choice of high-quality products is what has so far prevented crypto gaming from gaining traction among mainstream users, according to Robby Yung, CEO of Animoca Brands. One of the newest and most promising crypto sectors, GameFi or blockchain-backed gaming, allows videogame players to earn monetary rewards and take ownership of items - [New BzMiner v13.0.1 GPU Miner With Support for NEXA Mining is Now Available](https://www.ltc-tv.com/mining-news/new-bzminer-v13-0-1-gpu-miner-with-support-for-nexa-mining-is-now-available/) - 19 Jan 2023 The latest update to version v13.0.1 of the BzMiner GPU miner brings support for mining NEXA, a project we talked about back in December last year. BzMiner is the second miner to bring support for this new project with the other one being WildRig Multi, however it seems that BzMiner’s implementation is - [City of Busan to establish digital assets exchange: Report](https://www.ltc-tv.com/blockchain/city-of-busan-to-establish-digital-assets-exchange-report/) - According to local news outlet News1, Busan, South Korea will establish a decentralized digital commodities exchange. Officials said the platform is scheduled to start operations this year and will support local cultural content via digital assets.“Taking advantage of the strengths of Busan, such as the Busan International Film Festival, G-Star; [the exchange] will include tokenization - [New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking Over – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/new-ftx-ceo-discusses-possibility-of-rebooting-defunct-crypto-exchange-in-first-interview-since-taking-over-bitcoin-news/) - Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since taking over the exchange’s restructuring process. Ray detailed during the interview that he is open to the possibility of reviving the now-defunct digital currency - [Binance USD Exchange Reserves Dry Up, Behind Bitcoin Drop?](https://www.ltc-tv.com/crypto-news/binance-usd-exchange-reserves-dry-up-behind-bitcoin-drop/) - On-chain data shows the Binance USD (BUSD) exchange reserves have declined recently, a factor that may be behind Bitcoin’s slowdown. Binance USD (BUSD) Exchange Reserves Have Gone Down As pointed out by an analyst in a CryptoQuant post, there was a very large inflow of $250 million BUSD just a while ago. The “exchange reserve” - [Crypto exchange Gemini launches new electronic OTC trading solution » CryptoNinjas](https://www.ltc-tv.com/crypto-news/crypto-exchange-gemini-launches-new-electronic-otc-trading-solution-cryptoninjas/) - Gemini, the popular bitcoin & crypto exchange company, today announced the launch of electronic over-the-counter trading (eOTC), an automated crypto trading solution designed for institutions. The Gemini eOTC solution offers a variety of advantages to institutional traders including: Competitive Pricing & Execution: Liquidity is sourced from top-tier liquidity providers with deep liquidity pools, enabling counterparties - [Will A Correction Impact The Recent Rise?](https://www.ltc-tv.com/crypto-news/will-a-correction-impact-the-recent-rise/) - Solana has been one of the top performers in the cryptocurrency market, with gains of over 89% in 30 days, 131% in 14 days, and 63% in 7 days. In the face of claims that the SOL network is failing, the token’s price needs a slight upward boost to gain back the support of investors. - [Binance registers as virtual asset service provider in Poland](https://www.ltc-tv.com/blockchain/binance-registers-as-virtual-asset-service-provider-in-poland/) - Cryptocurrency exchange Binance announced plans on Jan. 18 to enhance its local presence in Poland while remaining compliant with local regulations. Binance Poland sp. z o.o., Binance’s Polish entity, will adhere to Polish regulatory standards for virtual asset service providers (VASPs), which require Polish users to sign new terms and conditions with Binance Poland in order to continue - [Sam Bankman-Fried Disputes FTX US 'Shortfall' Claims, Critics Skeptical of Excel Spreadsheet Defense – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/sam-bankman-fried-disputes-ftx-us-shortfall-claims-critics-skeptical-of-excel-spreadsheet-defense-bitcoin-news/) - Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentation published by litigation firm Sullivan & Cromwell is “extremely misleading” and that FTX US is solvent - [Next For Shiba Inu As Price Remains Stuck Below $0.000011?](https://www.ltc-tv.com/crypto-news/next-for-shiba-inu-as-price-remains-stuck-below-0-000011/) - Shiba Inu has substantially recovered over the last week; it surged over 20% in the same timeframe. Over the last 24 hours, SHIB has appreciated by 2.9%, but despite the rise in value, the coin has remained stuck below the $0.000011 mark. The coin broke above its stern resistance mark of $0.000010, which had not - [71% of Total Value Locked Evaporates in 12 Months – Defi Bitcoin News](https://www.ltc-tv.com/bitcoin-news/71-of-total-value-locked-evaporates-in-12-months-defi-bitcoin-news/) - Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a lot has changed during the last 12 months as lending applications like - [Polygon enlists Xternity to migrate multiplayer Web3 game from Solana](https://www.ltc-tv.com/blockchain/polygon-enlists-xternity-to-migrate-multiplayer-web3-game-from-solana/) - Ethereum layer-2 scaling solution Polygon, joined hands with Xternity, a Web3 gaming development platform, to migrate and onboard a multiplayer Web3 game — Synergy Land — to the Polygon network from Solana.As blockchain platforms, Solana focuses primarily on scalability and cost-cutting, while Polygon allows for seamless interaction with the Ethereum ecosystem. To help transfer Synergy - [The Future of Space Heaters – Antminer S9 DIY Build by Crypto Cloaks](https://www.ltc-tv.com/mining-news/the-future-of-space-heaters-antminer-s9-diy-build-by-crypto-cloaks/) - 16 Jan 2023 Crypto Cloaks has just released the 3D printable STL files for their custom Bitmain AntMiner S9 modification from a noisy ASIC miner to a silent space heater that mines Bitcoin while keeping you warm during the cold winter days. They have already made available their DIY guide to help you build your - [2023 is a BUIDL year for crypto gaming](https://www.ltc-tv.com/blockchain/2023-is-a-buidl-year-for-crypto-gaming/) - 2022 was a huge year for the play-to-earn (P2E) gaming scene. An influx of capital and users was followed by a sharp downturn in blockchain game token prices and a decrease in players — and the market is still reeling. And, with fallout from the FTX disaster reaching into every corner of the industry, play-to-earn’s - [Crypto.com Decides To Let Go 20% Of Its Current Workforce](https://www.ltc-tv.com/crypto-news/crypto-com-decides-to-let-go-20-of-its-current-workforce/) - The crypto industry continues to stagger under a massive wave of layoffs that have been occurring in recent times. Among the recent companies from the sector, Crypto.com has planned on axing 20% of its workforce. The Singapore-based company, Crypto.com, has confirmed its decision via a blog post. According to Co-Founder and CEO Kris Marszalek, the - [Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny – Bitcoin News](https://www.ltc-tv.com/bitcoin-news/defunct-crypto-hedge-fund-three-arrows-capital-founders-seek-25-million-to-start-new-exchange-amid-scrutiny-bitcoin-news/) - According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social media platform Twitter. 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