Category : CoinJournal

CoinJournal

BitGo acquires HeightZero to bolster crypto wealth management services

BitGo acquires HeightZero to serve the growing institutional interest in crypto wealth management. BitGo CEO, Mike Belshe, emphasizes the urgency for wealth managers and RIAs to prepare for an impending Bitcoin ETF approval. HeightZero’s servi...

EVER plunge by 20% as Everscale team says large number of tokens were stolen

Key takeaways Layer 1 blockchain Everscale’s token has plunged by more than 20% so far today. The development team announced that a large number of its tokens were stolen. Everscale tokens stolen, EVER token dips by 20% Everscale, a Layer...

Binance US drops FDIC insurance amid regulatory pressure

Cryptocurrency exchange Binance US has withdrawn FDIC insurance for user funds. The exchange faces regulatory heat from the US Securities and Exchange Commission (SEC). The SEC lawsuit ramifications are spilling over. In a significant policy change...

Solana dips amid Bankman-Fried’s trial mentions; eyes on InQubeta presale

Crypto exchange FTX might be bankrupt but it continues to spell bad news for Solana. During the ongoing trial of FTX’s former CEO Sam Bankman-Fried, Solana’s name has cropped up more than once.& It doesn’t help that Bankman-Fri...

Bitcoin tops $28k as Memeinator’s presale surpasses the $700k milestone

Key takeaways Bitcoin is trading above the $28,400 mark and could rally higher in the short term. Memeinator’s presale has now surpassed $700k three weeks after its launch. The cryptocurrency market has been positive so far this week, wit...

Roblox expands in-game purchases payment options with XRP integration

Roblox adopts XRP as a payment method for in-game purchases. The integration will be aided by BitPay and Xsolla, facilitating seamless integration with crypto wallets. The move reflects the growing interest in cryptocurrencies within the gaming indu...

Can Bitcoin reclaim the $30k psychological level after yesterday’s brief rally

& Key takeaways Bitcoin briefly touched the $30k level on Monday before retracing later on. Shiba Memu’s presale is now closing in on the $4 million mark. The cryptocurrency market is having a rollercoaster week so far, with Bitcoin a...

Bitcoin pumps and dumps on fake spot BTC ETF news

Bitcoin jumps to $30k on fake BTC ETF news The spike was quickly reversed The chances are high that there will be a BTC ETF Bitcoin is one of the assets that kept its gains against the US dollar in 2023. More precisely, Bitcoin’s price start...

Bitcoin vs Gold: Bernstein analyst Gautam Chhugani picks a side

Bernstein analyst says Bitcoin is more attractive than gold. Gautam Chhugani explained why in a research note today. Bitcoin is currently down about 10% versus its YTD high. Gold has a history of doing well in a recession &- but this time Bitco...

Bitcoin SV (BSV), Bitcoin Cash (BCH) Pops as BTC ETF Hopes Rise

Bitcoin SV and& Bitcoin Cash prices were among the top-performing currencies on Monday as a sense of hope returned in the crypto market. BSV jumped by more than 13% to $38.27 while Bitcoin Cash jumped to $228.64. Other top-performing cryptocurren...

Fake spot Bitcoin ETF approval news pushes BTC to $30k

Bitcoin spikes to highs of $30k amid fake spot ETF news. BlackRock has confirmed its spot Bitcoin ETF application remains under review. Over $130 million shorts were liquidated as the price of Bitcoin shot to near $30k on Monday A relatively quiet...

Tether freezes 32 addresses linked to terrorism in Israel and Ukraine

Key takeaways Stablecoin issuer Tether has frozen over 30 crypto addresses linked to terrorism and warfare in Ukraine and Israel. The crypto addresses held over $800k collectively. Tether freezes crypto addresses linked to warfare in Ukraine an...

MT Tower Elevates the Metaverse Experience: Listed on MEXC Exchange and Redefining Engagement, Authenticity, and Inclusivity

Madrit, Spain, October 16th, 2023, Chainwire & The metaverse is ablaze with excitement and innovation, and standing tall at the forefront of this digital revolution is none other than MT Tower. MT Tower is poised to transform the influencer and...

Memeinator price jumps in stage 4 while Australia proposes new crypto licensing

Memeinator presale has entered the fourth stage. The presale occurs in 29 stages, with the token returning by 132%. Memeinator carries a 1,000% potential due to strong speculation and utility. The crypto landscape keeps changing, with new tok...

Why a Bitcoin rally could mean big business for NUGX as whales continue to diversify

TLDR Bitcoin’s upcoming pre-halving event has set the tone for a rally. The International Monetary Fund (IMF) warns of possible inflation in 2024, which can affect Bitcoin’s rally. Crypto whales seeking ways to diversify their portf...

Spot Bitcoin ETF a “done deal,” but how does this boost optimism for Shiba Memu?

Analysts have increased their expectations of a spot Bitcoin ETF. A spot ETF would boost crypto sentiment, benefiting Shiba Memu. Shiba Memu is a potential 10x investment in 2023. Analysts are growing anxious over a potential approval of spot...

As Pepe struggles to maintain its early 150x boom, is there a new contender to its throne?

TLDR: Pepe ($PEPE) struggles post-150x boom due to lack of market sustainability and utility. NuggetRush ($NUGX) emerges with strong tokenomics, real-world utility, and community engagement. NuggetRush’s innovative approach presents a mea...

Upbit receives in-principal approval for MPI License in Singapore

Upbit Singapore secures in-principal approval for an MPI license from the MAS. The approval allows Upbit to offer regulated digital payment token services under Singapore’s Payment Services Act 2019. Singapore’s reputation as a cryptocur...

Sberbank to join Russian Central Bank’s Digital Ruble pilot

Russia’s largest bank, Sber, is set to play a vital role in CBDC testing. Sberbank operates several tech solutions including Okko streaming, Citymobil taxi, SberSound, and SberMarket. Russia’s digital currency ecosystem structure resembl...

Australia proposes new licensing regime for crypto exchanges

Exchanges with specific asset levels must obtain an Australian Financial Services License The draft legislation is expected to go out by 2024. A consultative process seeks input from stakeholders and the public on 32 key regulatory themes. In a sig...

As Dogecoin miners exit, investors turn to InQubeta

The popularity of the leading meme coin Dogecoin took a strong hit between August and October after some of its miners exited. As a result, many Dogecoin patrons are now flocking to other top altcoins like InQubeta (QUBE).& Powered by Ethereum,...

As the Sandbox usage slows, is Memeinator the next big thing?

The Sandbox is one of the most prominent players in the crypto industry. Together with Axie Infinity and Decentraland, the network were the leading players in the gaming and NFT industry at their peak.& The Sandbox users slow Recently, however,...

Liquity, Loom Network Surges as Shiba Memu Token Sale Continues

Cryptocurrency prices have been in a deep slumber in the past few weeks as investors move back to stocks and other safe havens like short-term bonds and money market funds. Bitcoin has remained stagnant betweeen $25k and $30k while the total market c...

FTX Estate stakes $122M Solana (SOL) tokens, alleviating investor concerns

FTX Estate stakes $122 million worth of Solana (SOL) tokens. The FTX Estate has strategically delegated 5.5 million SOL with a Solana network validator. The move alleviates concerns about the estate’s potential liquidation of SOL holdings. In...

Ferrari embraces crypto payments, partners with BitPay in the US

The luxury carmaker partners with BitPay to facilitate cryptocurrency transactions. Ferrari is responding to growing customer demand and dealer requests. The luxury car maker will start by accepting crypto payments in the US and later Europe. In so...

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