Author: Crypto News

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin prices rise, crypto enthusiasts are turning to cloud mining platforms like CrytocoinMiner for stable income, leveraging renewable energy to boost efficiency. The price of Bitcoin is rising again, and this trend is likely to break through the historical high price. Therefore, the most suitable plan for cryptocurrency enthusiasts is to participate in cloud mining, that is, to invest in cloud mining platforms and stabilize their daily income, rather than directly purchasing mining machines to mine tokens. New…

MicroStrategy’s executive chairman, Michael Saylor, claims he intends to return his Bitcoin wealth back “to the civilization” after he dies. In his interview with Madison Reidy on Markets with Madison, Oct. 21, founder and chairman of Microstrategy, Michael Saylor, discusses what he wants to do with his Bitcoin(BTC) wealth after he passes on. “I’m a single guy with no children— when I’m gone, I’m gone. Just like Satoshi left a million Bitcoin to the universal, I’m leaving whatever I’ve got to the civilization,” said Saylor to Madison Reidy. This implies that Saylor intends to let go of his Bitcoin wealth.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Missed the POPCAT boom? Affordable coins like ZDEX are emerging with a new meme coin launchpad, offering significant growth potential. Missed out on the POPCAT boom? Don’t worry; there are budget-friendly coins that might emulate those impressive gains. A new contender, ZDEX, is about to make its debut, introducing its own platform for launching meme coins. Could this signal the next big trend in crypto investments? Uncover which affordable coins might be set for significant growth in the very…

Regulators in India are considering banning cryptocurrencies like Bitcoin and Ether and are instead, promoting the use of the digital rupee. On Oct. 22, local media outlet the Hindustan Times cited two officials familiar with the matter who claimed that the government consulted with key institutions and regulators regarding private cryptocurrencies, including stablecoins, and concluded that the risks outweigh the benefits offered. Central Bank Digital Currencies can “do whatever cryptos do,” said one official, adding that “CBDCs have more benefits than cryptos, minus the risks associated with private cryptocurrencies.” Although the specific parties involved in the consultation were not disclosed,…

Venture Capitalist Nic Carter criticizes Minneapolis Federal Reserve President Neel Kashkari for his remarks on how crypto is “almost never” used outside of illicit activity, even though the data tells a different story. In an X post on Oct. 22, Nic Carter wrote “being this wrong should be illegal” in response to Neel Kashkari’s remarks about cryptocurrency being mostly used for illegal activities. He viewed Kashkari’s comments as unfortunate, as he is one of the top ten most important financial regulators on the planet. Carter followed up his post by linking several data sources that disprove Kashkari’s assumption, including a…

Sky, formerly known as Maker, may be facing yet another rebranding decision barely two months after its last transformation.  Rune Christensen, co-founder of Maker, has proposed to the community a potential return to the “Maker” name, a response to feedback on the recent rebranding move and the recent launch of its USDS stablecoin. The stablecoin, formerly DAI, reached a total supply of 1 billion just two weeks after its launch. USDS has already been integrated into leading decentralized finance platforms like Aave, Morpho and Ethena, with plans to expand it to layer-2 networks and Solana. The latest proposal comes just…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano struggles to regain its former glory, the emerging sports meme coin XYZVerse could redefine growth opportunities for investors seeking fresh prospects. Cardano (ADA) once captured the spotlight with its remarkable rise, drawing in investors eager for significant returns. However, revisiting its former peak may prove challenging amidst changing market dynamics. Some analysts suggest that tempering expectations could be wise. As established cryptocurrencies face hurdles, newer coins are catching the eye of those seeking fresh opportunities for growth. …

The number of large transactions around some of the leading cryptocurrencies significantly increased as the market witnessed a notable correction. According to data provided by IntoTheBlock, Bitcoin (BTC) leads the chart with a large transaction volume of $43.63 billion on Oct. 21. The leading crypto asset declined 2.2% and is trading at $67,500 at the time of writing. Leading assets’ whale activity – Oct. 22 | Source: IntoTheBlock However, addresses holding Bitcoin for over a year increased their balance by 0.05%, reaching $856.23 billion, despite the price drop. Toncoin (TON) saw a 93% surge in its whale transactions yesterday, reaching…

Australia’s securities watchdog has charged the former CEO of defunct crypto exchange Mine Digital for defrauding an investor of $1.47 million. The Australian Securities and Investments Commission has charged Grant Colthup with one count of fraud after a customer of Mine Digital did not receive the Bitcoin they paid 2.2 million Australian dollars (roughly $1.47 million) for in July 2022. Mine Digital operated as a cryptocurrency exchange under ACCE Australia Pty Ltd, offering trading services between May 2019 and September 2022. The platform collapsed in September 2022, and creditors have been pushing for $16 million in claims since then. In…

Andrew Tate’s response to Coffeezilla shows he’s thin-skinned and doesn’t care about the people who have invested in his tokens. On-chain sleuth Coffeezilla has become a thorn in the side of high-profile influencers shilling coins to their millions of fans. One of his best-known scalps is Logan Paul, who was ripped to shreds over his embattled and now-abandoned project CryptoZoo.  Coffeezilla’s also gone toe-to-toe with the likes of Sam Bankman-Fried as he vies to uncover scams to his 3.77 million subscribers on YouTube. But now, the investigator is facing an almighty backlash about a deep dive that hasn’t even been…