Crypto exchange Kraken’s revenue doubled in 2024 to $1.5 billion

Republicans show less support for recognizing Bitcoin as legal tender than Democrats, and baby boomers think its a dreadful idea. 436 Total views 31 Total shares A new poll has found that 27% U.S. residents support the government recognizing Bitcoin as legal tender.According to a poll from research and data analytics firm YouGov, 11% of…

The crypto market is often referred to as the Wild West of the finance world. However, the events that have unfolded within this space recently would put to shame even the hardiest of cowboys from the day of yore. As a quick refresher, on Nov. 8, FTX, the second-largest cryptocurrency exchange in the world till about…

An experience-to-earn (E2E) nonfungible token (NFT) ecosystem rewards people on-chain for doing everyday activities, bringing new forms of value creation to everyone. This was previously reserved for invested gamers in play-to-earn (P2E) worlds.While P2E has experienced a record-breaking year ($4.5 billion in-game NFT sales, according to the recent DappRadar report), most blockchain games still rely…

The senators co-authored a letter to the Public Company Accounting Oversight Board chair asking how FTX and other crypto firms were audited and why the audits failed so badly. 307 Total views 1 Total shares Own this piece of history Collect this article as an NFTTwo United States senators have taken their questions about the…

Bitcoin price (BTC) traded broadly lower on Oct. 11 after sudden volatility broke a sideways trend in place since earlier in the week. Cryptocurrency market daily overview. Source: Coin360Bitcoin analyst prepares for range-bound tradingData from Coin360 showed BTC/USD circling $8,350 on Friday, having jumped to a local high of above $8,770 earlier. The enthusiasm was short-lived, with…

Earlier this week, BitPAC — conceivably the only active crypto-centric political action committee (PAC) — announced its plans to hold an initial coin offering (ICO). The committee will reportedly issue a utility token called Politicoin, which will then be used to support its candidates running for public office.So, can PACs become a gateway for cryptocurrency-based…

The price of Bitcoin (BTC) dropped below $9,000 from $9,660 within seven hours. The 7% plunge comes as $55 million worth of long futures contracts were liquidated on BitMEX.Four factors are likely behind the sudden decline in the price of the top cryptocurrency by market capitalization. Namely: stocks sliding, selling pressure from miners, an extended…