CFTC-regulated prediction market Kalshi will allow users to place bets on when Bitcoin will hit $100,000 and whether it will reach $150,000 in 2024. The United States-based prediction market Kalshi is preparing to launch bets on the price action of major cryptocurrencies Bitcoin (BTC) and Ether (ETH). Kalshi is launching prediction contracts for its clients...Continue Reading
Bitcoin attempts to recover from significant weekend downside with old all-time highs back in place as BTC price resistance. Bitcoin (BTC) starts a new week in recovery mode after an unusually volatile weekend sparked heavy losses. BTC price action is struggling to reclaim old all-time highs after days of sustained selling pressure — can bulls...Continue Reading
Arbitrum unlocked 1.1 billion tokens, worth around $2.32 billion, for its team, advisers and investors on March 16. Whales holding Arbitrum (ARB) started to move their digital assets into crypto exchanges after the unlocking of a huge amount of vested tokens on March 16. On March 18, blockchain analysis firm Lookonchain flagged that at least...Continue Reading
London-based Attestor has filed a lawsuit against FTX claims seller Lemma after making a 200% profit on the purchased FTX claims stash. The collapse of the FTX exchange continues to play out in the bankruptcy claims market, with Attestor Capital, a top FTX claim holder, filing a lawsuit against one claim seller. Attestor is a...Continue Reading
Traders want to make their next million on Solana memecoins. However, crypto proponents believe that this trend is risky and it would be beneficial for the industry if it comes to an end sooner rather than later. The Solana (SOL) blockchain has become a hub for new memecoins this bull season, with several new memecoins...Continue Reading
The International Monetary Fund (IMF) also recommended Pakistan introduce stricter laws on collecting capital gains from real estate title transfers. The International Monetary Fund (IMF) has asked the Federal Board of Revenue (FBR) of Pakistan to charge Capital Gains Tax (CGT) on cryptocurrency investments as one of the requirements to qualify for $3 billion in...Continue Reading
Hydra being abandoned is “just pure FUD,” wrote Cardano co-founder Charles Hoskinson in a post on X. Cardano co-founder Charles Hoskinson has hosed down rumors that suggesting its Hydra layer-2 scaling project for the network had been abandoned. On March 18, the IOHK chief executive took to X to confirm that developers had not given...Continue Reading
Solana memecoin projects have raised more than $100 million by way of a controversial fundraising model known as “presales” in the last three days. The crypto community has started to warn of “peak degeneracy,” with memecoin founders raking in millions worth of Solana (SOL) through token presales in the last 72 hours alone. As of...Continue Reading
David Brend and Gustavo Rodriguez were convicted of wire fraud conspiracy for helping promote and run the now-collpased fake crypto mining and trading scheme. A New York jury has convicted two former promoters of alleged crypto mining and trading company IcomTech of wire fraud conspiracy — with both now facing a maximum sentence of 20...Continue Reading
Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its banking partner went to work with Circle. Layer-1 blockchain Cardano has welcomed its first 1-to-1 fully fiat-backed stablecoin, USDM, the latest entrant in a $146 billion stablecoin market dominated by Tether (USDT) and Circle (USDC)....Continue Reading
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