#CryptoNews

The crypto revolution is here! Coinbase has just made a significant move by introducing a brand new Bitcoin token. This San Francisco-based cryptocurrency platform has launched Coinbase Wrapped Bitcoin (cbBTC), opening the doors to decentralized finance (DeFi) applications on Ethereum and Base using Bitcoin (BTC). Coinbase first teased the release of cbBTC on August 14,…

The intersection of U.S. politics and financial markets has never been more significant, with stocks, commodities, and cryptocurrencies experiencing major shifts. Nevertheless, Bitcoin is forecasted to break the $100,000 mark regardless of who wins the upcoming presidential election, according to prominent industry figures. While many analysts believe that the election results will shape the future…

One of the most anticipated macroeconomic figures of the week, the U.S. job openings data for July, was released this Wednesday. The results are less than encouraging, showing a continued cooling trend in the country’s labor market. Moreover, layoffs have increased, highlighting a significant drop in demand for workers. In this article, we’ll examine how…

Kamala Harris is steadily gaining traction in the crypto sector, a field that has generally viewed the Biden administration with skepticism. Despite the Vice President’s silence on cryptocurrencies and the SEC’s stringent regulations, influential leaders and executives in the industry are rallying to support her presidential campaign through a fundraising event. The event is scheduled…

Tesla CEO Elon Musk is once again expressing interest in Dogecoin as a potential payment method for Tesla merchandise. His recent remarks, made on the social media platform X, mark some of the few public statements he’s made on the cryptocurrency since the market downturn triggered by the Federal Reserve’s interest rate hikes. During the…

The journey to success in Bitcoin starts with deep reading and thorough research. Don’t settle for shallow information. Analyze the data, study the projects, and understand the technological foundations that support this cryptocurrency. Information is power, and those who master it make better decisions. Keep reading to stay ahead. How Much Bitcoin from Mt. Gox…

Polymarket is a decentralized platform that allows users to bet on various events, ranging from sports and entertainment to cryptocurrency prices and election outcomes. In this article, we’ll explain how Polymarket operates, how it generates revenue, and provide a step-by-step guide for placing bets on the platform. We’ll also examine whether Polymarket is legitimate and…

On Saturday night, Pavel Durov was arrested in Paris, France, on various charges ranging from fraud to terrorism. The arrest sparked significant media attention worldwide. However, today he has been released on bail, though he is still not allowed to leave France. Here’s everything you need to know: 1. Why Was Pavel Durov Released on…

Activity on the Ethereum network shows a significant drop during August, according to recent data. Some key indicators are raising concerns among analysts and investors that interest in the network could be entering a prolonged negative phase. The current environment in the cryptocurrency market is not the most favorable for investor stimulus. This could be…

After contending with relentless selling pressure from the Grayscale Bitcoin Trust ETF (GBTC), the combined liquidations of approximately 60,000 BTC by the German and U.S. governments, distributions to Mt Gox creditors amounting to over 100,000 BTC, and additional distributions linked to the collapse of Celsius, Gemini, and Genesis Trading, Bitcoin is still holding steady at…