Crypto News Center

OpenSea to Launch Revamped NFT Marketplace

By Philip Maina 4 weeks agoWed Nov 06 2024 12:05:22 Reading Time: 2 minutes OpenSea plans to recreate the NFT marketplace and relaunch it next month OpenSea CEO Devin Finzer said they’ve “been quietly cooking” the new platform Finzer didn’t disclose what features they intend to add or remove from the marketplace Two months after receiving a Wells Notice from the SEC , NFT marketplace OpenSea has revealed plans to...

Russian Lawmaker Proposes Bitcoin Reserve to Improve Financial Stability

Russian State Duma Deputy Anton Tkachev, a member of the New People party, has suggested creating a strategic Bitcoin reserve to strengthen the country’s financial stability.  According to local reports in Moscow, Tkachev has formally submitted this proposal to Finance Minister Anton Siluanov. Russia to Consider Plans for a Bitcoin Reserve? In the proposal, Tkachev highlights the limitations of traditional currency reserves, such as the dollar, euro, and yuan. He...

Ripple (XRP) Price Faces Uncertain Momentum After 6-Year Highs

Ripple (XRP) price has surged more than 330% in the last 30 days, surpassing Solana’s market cap and reaching its highest levels in 6 years. However, its RSI is now at 46, a significant drop from the overbought level above 70 that was seen between November 29 and December 3, when XRP peaked around $2.90, its highest level since 2018. This decline suggests that the bullish momentum has cooled, and...

Lawyer Says SEC Unlikely Changed Stance on Whether Solana is a Security or Not

Lawyer and Chief Legal Officer at Variant fund, Jake Chervinsky, says the SEC’s request to amend its complaint against Binance does not signal that the regulator no longer regards Solana, or the other crypto mentioned in the case, to be unregistered securities.  Chervinsky says the move is purely a “litigation tactic” on the SEC’s part and notes the regulator still refers to Solana and some of the other tokens as...

LATAM Crypto Roundup: Brazil and Argentina Welcome New RWA Platform, Colombia Eyes Regulation Law, and More

BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene. This week’s roundup includes stories on El Salvador’s plans to strengthen trade relations with Russia using Bitcoin, Binance’s survey of Latin American customers, Colombia’s efforts to develop a clear regulatory framework, and more. Latam Investors Plan to...

CYBRO: An altcoin gem primed for a surge

contributor The crypto market is currently calm, awaiting the next big bull run. With altcoins still sitting at low prices, the stage is set for potential explosive growth. Investors are keeping a keen eye on which digital currencies will lead the charge when the market turns. This is a ripe moment to explore and identify the altcoin gems that are primed for a surge. The following article will delve into...

BTC Hits New All-Time High, Surpassing $81,000, Analysts Declare Bitcoin Season

Over the weekend, Bitcoin reached a new record high of US$80,849 and then surged to US$81,474 despite a brief dip. The cryptocurrency’s recent 17.75% rally is largely attributed to Donald Trump’s re-election, favoured by the crypto community. Galaxy Digital predicts Bitcoin and other digital assets will soar past current highs, citing a shift in regulatory winds to a more supportive stance. Beyond Trump, analysts say Bitcoin has entered into maximum...

Ethereum Price Drops 12% As Spot ETFs Witness Significant Net Outflows

The Ethereum price has been a joy to watch in recent weeks after initially struggling to keep pace with other large-cap cryptocurrencies. However, the past week will be a quick one to forget for the crypto market, especially the altcoin, which declined in value by over 12%. While this price slump experienced by Ethereum has been linked to the US Federal Reserve rate cut, the recent drab performances of the...

BINANCE COIN PRICE ANALYSIS & PREDICTION (July 19) – BNB Breaks Higher After Forming A V-Shape Pattern, Is Bigger Surge Ahead? 

BNB’s price just broke out to a new monthly high after a slight pause in buying. Following this latest move, it will likely show more strength in the next few days as it sees a 30% recovery in two weeks. Following recent price recovery across the crypto space, BNB ended last week strong after reclaiming some crucial levels lost during the bearish correction phase.  It reiterated actions this week and...

Coinbase Spoofer Jailed for Five Years

By Mark Hunter 2 months agoFri Oct 18 2024 09:26:57 Reading Time: 2 minutes An Indian national has been sentenced to prison for orchestrating a $20 million fraud scheme involving fake cryptocurrency platforms. The scheme targeted victims by creating websites that mimicked legitimate cryptocurrency exchanges, luring them into transferring funds. Chirag Tomar has received a five-year prison sentence for his crimes An Indian national has been sentenced to prison for...