The price of bitcoin fell on Wednesday, adding to losses seen earlier in the week as traders continued their aversion to the token on concerns that the defunct Mt Gox exchange will generate a massive sell-off in the token. Sentiment towards the broader cryptocurrency markets continues to be gloomy amid an uncertain outlook for U.S. […]

The launch of Ethereum (ETH) exchange-traded funds (ETFs) in the United States, originally scheduled for July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC). According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has given itself more time to return S-1 forms filed by Ether ETF issuers, postponing […]

The Ethereum Foundation, the entity in charge of providing technological and community support to the Ethereum network, reported that the mailing list held by the entity has been leaked, so they are alerting the community about possible phishing campaigns in progress. Ethereum Foundation mailing list leaked The information was confirmed by Tim Beiko, developer and […]

Tether, the creator of the USDT stablecoin, has announced the withdrawal of its support for the EOS and Algorand blockchains. The decision, communicated through an official statement and social media, means that as of today it stops minting USDT on both blockchains. Tether’s move to withdraw its support for EOS and Algorand has elicited a […]

The Bitcoin price lost ground slightly on Wednesday, continuing recent weakness amid fears over the health of the economy around the world. Bitcoin price trades at decisive levels The possibility of rising borrowing costs in the U.S. have halted enthusiasm for the cryptocurrency market, where bitcoin is the world’s largest capitalized cryptocurrency. The Federal Reserve […]

Tether, the stablecoin issuer, introduced a new product that is backed by tokenized gold. In a statement on Monday, the company behind USDT announced the launch of Alloy, its new Ethereum network-based platform that gives users the ability to create tokens backed by XAUT, the stablecoin backed by Tether’s physical gold. “Alloy by Tether is […]

The cryptocurrency market has been seeing significant volatility as the Federal Reserve prepares to release updated economic projections this week. Despite little growth, market watchers and investors expect these projections to indicate fewer interest rate cuts. JPMorgan and Citi drop estimates for July rate cut Fed Chairman Jerome Powell has signaled that actual results may […]

Cardano is making preparations for its next key update. This June is expected to see the release of Cardano Node version 9.0, a preview in anticipation of the next Cardano hard fork, named Chang. Cardano founder Charles Hoskinson, a well-known figure in the cryptocurrency world, took to his social networks to share details about the network’s upcoming […]

If this continues, Bitcoin ETFs may break their inflow record this week. Meanwhile, spot Ethereum ETFs are poised to enter the U.S. market. U.S. spot Bitcoin ETFs are posting their longest streak of inflows since inception, recording their 16th consecutive session of positive inflows on Tuesday. The 11 spot Bitcoin-based ETFs in the U.S. market […]

Bitcoin ETFs continue to gain ground and now it is Thailand’s turn. Thailand’s Securities and Exchange Commission (SEC) has authorized a first Bitcoin-based ETF, opening the door to a new regulated cryptocurrency investment vehicle. One Asset Management (ONEAM) will become the first company in the country to launch such a fund after gaining regulatory approval, […]