BlockFi, the crypto lending company that went bankrupt last year after the FTX collapse, is finally getting ready to give money back to its customers. Selling FTX Claims BlockFi managed to sell its claims against FTX for a much higher price than they were worth. This means they’ll have enough money to pay back all…
Bitcoin has been on a roll in July, climbing out of its June slump and reaching new monthly highs. But is this just a temporary blip, or is Bitcoin poised for a sustained rally? Let’s look at some historical data to see what might happen. Bitcoin’s History Repeats Itself? Bitcoin has a tendency to follow…
The Indian government’s recent budget announcement for 2024-25 has left many people scratching their heads, especially those in the cryptocurrency community. The budget, which outlined priorities like agriculture and employment, completely ignored the topic of digital currencies. This silence is a major blow to the crypto industry, which was hoping for some clarity on regulations…
Gate.io, a popular cryptocurrency exchange, is pulling out of the Japanese market. This decision comes after facing challenges with Japan’s strict regulations. Navigating Japan’s Regulatory Waters Japan has some of the toughest rules for cryptocurrency exchanges. The Payment Services Act (PSA) recognizes cryptocurrencies as legal property and requires exchanges to register with the Financial Services…
Decentralized exchanges (DEXs) are all the rage in the crypto world, but they face a big problem: liquidity. Without enough people buying and selling, prices can swing wildly and trades can be difficult. That’s where market makers come in. What Do Market Makers Do? Market makers are like the backbone of a DEX. They: Add…
A well-known Bitcoin analyst, who goes by the name Checkmate, is seeing positive signs for Bitcoin’s future. He’s looking at a specific indicator called the STH-SOPR, which tracks how much profit or loss Bitcoin holders have made over the past 155 days. Bullish Signals Checkmate says the STH-SOPR recently dipped below a key level before…
NBA legend Scottie Pippen stirred up the crypto community with a simple question on Twitter: Ethereum (ETH) or Solana (SOL)? The tweet quickly became a hotbed of activity, attracting over 5,600 replies from prominent crypto figures. A Mixed Bag of Responses Instead of a straightforward answer, Pippen received a variety of responses. Bitcoin Advocate: Jack…
A popular crypto trader believes that Avalanche (AVAX), a competitor to Ethereum, is poised to mirror Solana’s (SOL) recent price surge. Avalanche (AVAX) on the Rise? The analyst, known as Inmortal, shared charts showing similar price patterns for both SOL and AVAX. He believes that AVAX is currently in its “final setup” and could reach…
Bitcoin casinos are all the rage right now, offering a huge selection of games from classics like Blackjack and Roulette to a ton of different slots, all powered by cryptocurrencies like Bitcoin. This guide breaks down the top Bitcoin casino platforms in 2024, comparing them based on things like bonuses, game variety, security, and more….
Coinbase is celebrating after the SEC approved a bunch of new Ethereum ETFs. They’re proud to be the main custodian for most of these new funds, holding the crypto for 10 out of 11 Bitcoin ETFs and 8 out of 9 Ethereum ETFs. They say this will help the crypto market grow even more. One…
