MicroStrategy continues its aggressive Bitcoin strategy, purchasing 2,136 BTC for US$209 million, bringing its total holdings to 446,400 BTC. MSTR has declined over 20% since its Nasdaq-100 inclusion in December, reversing its 442% year-to-date rally. Another Monday… another MicroStrategy purchase. At this point, it looks like Michael Saylor never takes a day off when it […]

A closely followed crypto analyst is identifying one key factor that could cause Bitcoin (BTC) to plummet all the way down to $85,000. In a new thread on the social media platform X, crypto trader Justin Bennett tells his 115,700 followers that the next time prominent stablecoin Tether’s (USDT) dominance level (USDT.D) tests the 4.7-5% […]

An under-the-radar project focused on artificial intelligence (AI) is defying the crypto market downturn as tokenomic upgrade plans begin to take shape. The utility token for the AI agent project ai16z (AI16Z) is trading for $1.52 at time of writing, up 23.7% in the past 24 hours. With a market cap of $1.65 billion, the […]

Treasurer Jim Chalmers views cryptocurrencies as tools for modernising Australia’s financial system, contradicting RBA Governor Michele Bullock’s dismissal of their utility. Chalmers acknowledges the risks of illicit uses but warns against excessive regulation that could hinder the industry’s potential. He advocates for a balanced approach to crypto regulation, emphasising protection without stifling innovation. The global […]

Ripple’s RLUSD stablecoin saw a 106% surge in trading volume, reaching US$39 million in 24 hours. RLUSD, launched recently with NYDFS approval, is a fiat-backed stablecoin pegged to the US dollar, with reserves including cash deposits and commercial paper, and is available on platforms like Uphold, MoonPay and Bitso. Ripple’s RLUSD stablecoin has experienced a […]

New data from cybersecurity firm Hacken reveals that $1.7 billion worth of crypto assets were lost through the theft of private keys in 2024. In its 2024 Web3 Security Report, Hacken says that the theft of private crypto keys remains the most “significant” threat to crypto investors. According to Hacken, the number of smart contract […]

Vitalik Buterin donated 10 million Thai baht (~AU$471K or 88 ETH) to Thailand’s Khao Kheow Open Zoo, supporting operations, a Wildlife Sponsorship Program, and a new exhibit for Moo Deng, an endangered pygmy hippopotamus. The donation followed Buterin’s visit to the zoo during Ethereum-related events like the Devcon SEA conference, expressing gratitude for Thailand’s hospitality. […]

Bitcoin has dropped over 11.2% in the past week, falling from a peak of US$108K (AU$173K). While most large-cap crypto assets have struggled, Aave and Virtuals Protocol have surged by triple-digits in the last 30 days, leading this week’s market. The crypto market has been struggling lately as Bitcoin (BTC) continues to drop, failing to […]

The Barefoot Investor, Scott Pape, took on crypto scammers by infiltrating fake Facebook groups posing as him. Pape executed a 100x long trade based on a scammer’s signal, resulting in an 81% profit, only to expose the scam later. Scammers used fake trading signals and impersonation tactics to lure victims into high-stakes investment schemes. Victims […]

Wilder World’s trailer showcases a groundbreaking Web3 game set in a futuristic metaverse, generating significant buzz and anticipation. The game’s economy is powered by blockchain, using digital assets like cryptocurrency and NFTs, giving players complete ownership over their assets. The native token, WILD, is essential for in-game activities and saw a 13% surge in value […]