Amidst the dynamic crypto landscape, Bitcoin currently trades at $25,787, reflecting a subtle rise of 0.04 percent on Thursday. However, a confluence of factors has spurred speculations on its future trajectory. Notably, the ‘historic’ heatwave has taken a toll on the crypto mining industry, leading to a significant 9% drop…

Artificial Intelligence (AI) continues to shape various sectors, from healthcare to automotive. And now, it’s making a significant impact in the cryptocurrency market as well. With machine learning algorithms and predictive analytics, AI is helping to make sense of complex market data, thereby assisting traders and investors in making informed decisions.In…

Approving a spot Bitcoin (BTC) exchange-traded fund (ETF) is an opportunity for the US Securities and Exchange Commission (SEC) to “bring crypto into line,” a Bloomberg editorial piece has argued.Published on Wednesday, the editorial piece followed a court ruling that rejected the SEC’s decision to deny Grayscale Investments to convert…

Bitcoin and other major cryptocurrencies are seeing little price movement today, extending the phase of low volatility that the cryptocurrency market has been seeing over the past few days.The price of Bitcoin has been hovering around $25,600 for the majority of today, slightly below the $26,000 level at which it…

The UK’s Financial Conduct Authority (FCA) has pushed back the deadline for cryptoasset firms to implement certain rule changes to their crypto marketing processes.In a new update announced Thursday, the watchdog clarified that the core crypto marketing rules including the ban on incentives like referral bonuses will come into effect…

The team overseeing The Open Network(TON) blockchain has completed its transition into a Swiss non-profit organization.Per a press release from the TON Foundation, this marks a “next chapter for the TONcoin community” given Switzerland’s regulatory clarity for the crypto industry and its history of technological progress.In a statement, TON Foundation…

Former co-CEO of FTX Digital Market Ryan Dalame plans a guilty plea over criminal charges associated with the collapse of FTX in November. According to a Bloomberg report citing people familiar with the matter,  Dalame is expected to go forward with the plea on Sept 7  at a Manhattan Federal Court…

In a September 6 thread on X, Arkham Intelligence, an on-chain analytics platform, asserted that Grayscale is the second-largest BTC entity worldwide with over 1,750 wallet addresses associated with the holdings of Grayscale Bitcoin Trust (GBTC).Although each wallet contains less than 1,000 BTC (equivalent to $25.7 million), when aggregated, they…

The world of cryptocurrency, with a total market value exceeding $1 trillion, has produced 22 billionaires and 88,000 millionaires.According to a recently released crypto wealth report by residence by investment firm Henley & Partners, which was created in collaboration with global wealth intelligence company New World Wealth, six of the billionaires owe their wealth…

Roman Storm, co-founder of the sanctioned Ethereum-based crypto mixer Tornado Cash, has pleaded not guilty to charges related to money laundering and sanctions violations.Storm pleaded not guilty in front of a judge in the U.S. District Court for the Southern District of New York on Wednesday, Inner City Press reported…