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Updated 2024-11-22 06:32
Ethereum Touches $2,600 as On-chain Metrics Reveal Its Price Decline May End Soon
Ethereum has struggled to recover since slipping off the $3000 threshold in early August. However, vital on-chain metrics suggest the downturn might be nearing its end. According to a CryptoQuant...The post Ethereum Touches $2,600 as On-chain Metrics Reveal Its Price Decline May End Soon appeared first on The Tech Report.
Solana Memecoin Trading Volume Decline Sparks More Skeptical Debates
Solana-based memecoin recorded a drastic decline in trading volumes recently. Consequently, some traders witnessed losses as many investors quickly pulled out funds, resulting in massive outflows. Moreover, the downward trend...The post Solana Memecoin Trading Volume Decline Sparks More Skeptical Debates appeared first on The Tech Report.
Liquidity Grows; Is $BTC Poised to Follow Gold To All-Time Highs?
Look at the crypto market on any given day, and you'll likely see a volatile mess of random and unexpected price swings. But as with any financial market, there are...The post Liquidity Grows; Is $BTC Poised to Follow Gold To All-Time Highs? appeared first on The Tech Report.
Judge Rejects SEC’s Move to Obstruct Tron Crypto’s Defense in Ongoing Securities Lawsuit
New York District Judge Edgardo Ramos has dealt a blow to the Securities and Exchange Commission (SEC) in the ongoing lawsuit against Tron Foundation and its founder, Justin Sun. The...The post Judge Rejects SEC's Move to Obstruct Tron Crypto's Defense in Ongoing Securities Lawsuit appeared first on The Tech Report.
How to Live Stream La Liga in 2024
La Liga's 2024 season is just around the corner, and it promises a fiery start. Today we'll discuss how to livestream La Liga in 2024 to make sure you're wired...The post How to Live Stream La Liga in 2024 appeared first on The Tech Report.
US Regulators to Classify Crypto as ‘Money’ by Sept 2025 – The Good, the Bad, and the Ugly
The Department of Treasury plans to classify cryptocurrencies and other blockchain assets as money' under the Bank Secrecy Act (BSA) for transaction and tax transparency. Let's explore the good, the...The post US Regulators to Classify Crypto as Money' by Sept 2025 - The Good, the Bad, and the Ugly appeared first on The Tech Report.
Crypto Message Missing From ‘Crypto4Harris’ and Democrats Party Platform
Amidst the rising influence of the Republican presidential candidate Donald Trump in the crypto space, Vice President Kamala Harris is taking steps to garner the community's support. Pro-crypto Democrats usher...The post Crypto Message Missing From Crypto4Harris' and Democrats Party Platform appeared first on The Tech Report.
Why Did $ETH’s Price Drop 26% Since ETF Launch?
The launch of Ethereum ETFs was meant to usher in a new era of crypto adoption and spur demand for the second-ranked cryptocurrency. So why has $ETH's price dropped 26%...The post Why Did $ETH's Price Drop 26% Since ETF Launch? appeared first on The Tech Report.
P2E Catizen Shines a Light on Telegram’s TON; Aims for 100 Mini-Games This Year
P2E gaming firm Catizen has chosen the blockchain platform TON to bridge from Web2 to Web3 gaming. While TON has numerous benefits, Tim Wong, Catizen Foundation chairman, said the choice...The post P2E Catizen Shines a Light on Telegram's TON; Aims for 100 Mini-Games This Year appeared first on The Tech Report.
Expert Predicts XRP Will Rise to $26, Cites Technical Analysis as the Source
Following a sharp move to $0.63 on August 7, XRP has been consolidating around $0.57. Its price moves opposite the broader crypto market performance today, suggesting bullish sentiment and optimism...The post Expert Predicts XRP Will Rise to $26, Cites Technical Analysis as the Source appeared first on The Tech Report.
Malaysian Authorities Apprehend Seven People for Electricity Theft Linked to Bitcoin Mining
Malaysian authorities have apprehended seven individuals linked to a power theft operation associated with illegal Bitcoin mining activities. Local news reports reveal that three Malaysian citizens and four foreign nationals...The post Malaysian Authorities Apprehend Seven People for Electricity Theft Linked to Bitcoin Mining appeared first on The Tech Report.
Bitcoin Price Prediction as BTC Struggles to Break Above $60,000 – What Lies Ahead?
Bitcoin has recorded significant price fluctuations over the past week. After consolidating over the weekend, BTC opened a London session at just under $58,000 today, August 19. Moreover, Bitcoin faces...The post Bitcoin Price Prediction as BTC Struggles to Break Above $60,000 - What Lies Ahead? appeared first on The Tech Report.
Nigeria’s SEC Approves First Operating License for Local Crypto Exchange Quidax
In a landmark development, the Nigeria SEC has approved the first provisional operating license for local crypto exchange Quidax. The regulator's move marks a milestone in Nigeria's crypto regulations. Moreover,...The post Nigeria's SEC Approves First Operating License for Local Crypto Exchange Quidax appeared first on The Tech Report.
Glassnode Data Reveals 75% of All Circulating Bitcoin Has Not Moved in Six Months
Bitcoin has struggled with price volatility for most of August, with price highs and lows triggered by varying events. However, on-chain data suggests that most investors retained their coins despite...The post Glassnode Data Reveals 75% of All Circulating Bitcoin Has Not Moved in Six Months appeared first on The Tech Report.
Data Shows Trump’s Election Odds Aren’t the Factor Behind Bitcoin BTC’s Growth
Bitcoin has seen many price functions over the past few weeks, with prices briefly hitting a multi-month low in early August before a mild recovery. Some pointed at changes in...The post Data Shows Trump's Election Odds Aren't the Factor Behind Bitcoin BTC's Growth appeared first on The Tech Report.
ASIC Warns of AI-Enhanced Crypto Scams Like Deepfakes; Australian Investors Lose $1.3B in 2023
ASIC has warned crypto investors that scammers increasingly use AI to increase the sophistication of scamslike deepfakes. The Australian financial service has raised the alarm by highlighting such scams have...The post ASIC Warns of AI-Enhanced Crypto Scams Like Deepfakes; Australian Investors Lose $1.3B in 2023 appeared first on The Tech Report.
Goldman Sachs Drops Recession Forecast: Will $BTC Rise?
After better-than-expected CPI data last week, good news about retail sales and jobs data prompted Goldman Sachs to revise their predicted chances for a US recession in the next 12...The post Goldman Sachs Drops Recession Forecast: Will $BTC Rise? appeared first on The Tech Report.
Circle Partners With Apple to Enable NFC Payments in $USDC, Opens a $15.7T Market for Ethereum
Circle CEO Jeremy Allaire hinted at a potential partnership with Apple to enable tap-to-pay functionality with the $USDC stablecoin. This announcement follows Apple's recent decision to allow third-party developers to...The post Circle Partners With Apple to Enable NFC Payments in $USDC, Opens a $15.7T Market for Ethereum appeared first on The Tech Report.
Buoyed by Ethereum, BlackRock ETFs Pass Grayscale as Industry Leader
In under a month, BlackRock and Grayscale have swapped positions as the fight between the two crypto ETF leaders heats up. Larry Fink, CEO of BlackRock, has thrown his support...The post Buoyed by Ethereum, BlackRock ETFs Pass Grayscale as Industry Leader appeared first on The Tech Report.
Crypto’s Environmental Footprint – A Bitcoin Advocate Challenges the IMF
A recent damning report by the IMF has fanned the fires of the debate surrounding crypto's environmental footprint. According to it, we'll see a substantial rise in carbon emissions due...The post Crypto's Environmental Footprint - A Bitcoin Advocate Challenges the IMF appeared first on The Tech Report.
The Future of Finance – What Investors Should Know As TradFi and DeFi Merge
The lines between traditional and decentralized finances are blurring. From crypto ETFs to MetaMask's partnership with Mastercard, we see increasingly more examples of hybrid models and traditional financial institutions experimenting...The post The Future of Finance - What Investors Should Know As TradFi and DeFi Merge appeared first on The Tech Report.
OpenAI Takes Down ChatGPT Accounts Linked to Iranian Threat Actors
On Friday, OpenAI said it has taken down a few accounts linked to an Iranian group that was using ChatGPT to create content to meddle with the upcoming US elections,...The post OpenAI Takes Down ChatGPT Accounts Linked to Iranian Threat Actors appeared first on The Tech Report.
Crypto Mining Industry Faces Potential 85% Tax Hike, Says IMF
The International Monetary Fund (IMF) has suggested a new strategy to tackle crypto mining's environmental impact. Two IMF executives proposed a global tax on crypto mining electricity use. They claim...The post Crypto Mining Industry Faces Potential 85% Tax Hike, Says IMF appeared first on The Tech Report.
Ripple CLO Says Odds of SEC Winning If It Appeals Court Ruling on XRP Are Slim
Following Judge Torres'sAugust 7 ruling in the XRP lawsuit, concern overthe possibility of an appeal still looms.Many fear the United States Securities and Exchanges Commission (SEC) could appeal the recent...The post Ripple CLO Says Odds of SEC Winning If It Appeals Court Ruling on XRP Are Slim appeared first on The Tech Report.
California AI Bill Sparks Debate in Silicon Valley, What’s Next?
A California AI Bill has recently sparked many debates among the tech community and Silicon Valley Congress members. The bill aims to eliminate AI harm to humanity and demands AI...The post California AI Bill Sparks Debate in Silicon Valley, What's Next? appeared first on The Tech Report.
Investment Giant Goldman Sachs Accumulates $400M in Bitcoin ETFs
In a surprising move, leading global investment bank Goldman Sachs has invested millions of dollars in the US spot Bitcoin ETFs. According to a recent SEC filing, the company purchased...The post Investment Giant Goldman Sachs Accumulates $400M in Bitcoin ETFs appeared first on The Tech Report.
Michael Burry Liquidates Gold Position Amidst Cooling Inflation
Michael Burry, famous for predicting the 2008 financial crisis, has significantly changed his investment strategy. He sold all his shares in the Sprott Physical Gold Trust as US inflation showed...The post Michael Burry Liquidates Gold Position Amidst Cooling Inflation appeared first on The Tech Report.
Elon Musk’s Grok-2 and Grok-2 Mini Are Creating Scandalous Deepfakes
Elon Musk recently announced his new image generation tool Grok-2 and Grok-2 Mini, but they've been making the headlines for the wrong reasons: for generating offensive images. Musk has always...The post Elon Musk's Grok-2 and Grok-2 Mini Are Creating Scandalous Deepfakes appeared first on The Tech Report.
UK Considers Toughening up the Online Safety Act after Misinformation Triggers Violent Protests
After a series of posts on X containing misinformation sparked riots all across the country, Prime Minister Keir Starmer's Labour government has decided to toughen up internet safety regulations, i.e.,...The post UK Considers Toughening up the Online Safety Act after Misinformation Triggers Violent Protests appeared first on The Tech Report.
Google Pixel Phones Have a Vulnerability That Can Give Hackers High-Level Device Access
The good news - so far there is no indication that the vulnerability has been exploited. It's probably because no threat actors are aware of it or because the app...The post Google Pixel Phones Have a Vulnerability That Can Give Hackers High-Level Device Access appeared first on The Tech Report.
ZachXBT Uncovers 21 North Korean Devs Making $500,000 Monthly in Crypto Sector
Blockchain sleuth ZachXBT has uncovered a highly sophisticated network of North Korean developers earning up to $500,000 monthly working on established crypto projects. ZachXBT shared this discovery with his 618,000...The post ZachXBT Uncovers 21 North Korean Devs Making $500,000 Monthly in Crypto Sector appeared first on The Tech Report.
US Lawmakers Question Meta about the Illicit Drug Ads on Its Platform
19 members of the US Congress including Reps. Tim Walberg (R-Mich.), Kathy Castor (D-Fla.), Gus Bilirakis (R-Fla.), and Lori Trahan (D-Mass.), have written a letter to Meta CEO Mark Zuckerberg,...The post US Lawmakers Question Meta about the Illicit Drug Ads on Its Platform appeared first on The Tech Report.
Bitcoin Sidechain Creators Roll Out New Enhanced Version BitVM2
Ronin Linus, the developer of the Bitcoin sidechain Bitcoin Virtual Machine (BitVM2), has announced two new developments. The team rolled out new improvements to the original BitVM called BitVM2 and...The post Bitcoin Sidechain Creators Roll Out New Enhanced Version BitVM2 appeared first on The Tech Report.
Nasdaq Halts Plans for Bitcoin and Ethereum Options ETFs After Initial Filings
Filing on the SEC website revealed that Nasdaq ISE, LLC has withdrawn its proposals to list and trade options on spot Bitcoin and Ethereum ETFs. This move follows similar withdrawals...The post Nasdaq Halts Plans for Bitcoin and Ethereum Options ETFs After Initial Filings appeared first on The Tech Report.
CoinGlass Data Reveals that Bitcoin Has Room to Fall Based on Open Interest
Analytical platform CoinGlass revealed that Bitcoin might still have more room to fall as its open interest surges. In a post on X, Coinglass noted that it's unusual that Bitcoin's...The post CoinGlass Data Reveals that Bitcoin Has Room to Fall Based on Open Interest appeared first on The Tech Report.
Meta Refutes Claims That Over Half of Crypto Ads on Facebook Are Scams
The Australian Competition and Consumer (ACCC) claims that Facebook promotes scam crypto projects. Part of the antitrust regulator's 2022 lawsuit claims against Meta asserted that over half of crypto-related ads...The post Meta Refutes Claims That Over Half of Crypto Ads on Facebook Are Scams appeared first on The Tech Report.
MakerDAO Halts New WBTC-Collaterized Loans Due To Its BitGo Concerns
The decentralized finance (DeFi) platform Maker DAO has discontinued the issuance of new loans with wrapped BTC as collateral.The DAO's executive vote reduced the WBTC debt ceiling to zero DAI,...The post MakerDAO Halts New WBTC-Collaterized Loans Due To Its BitGo Concerns appeared first on The Tech Report.
SEC’s Appeal Cannot Alter XRP’s Non-Security Status, Says Ripple CLO
Ripple Chief Legal Officer (CLO) Stuart Alderoty recently stated that the court decision regarding XRP's non-security status remains sacrosanct. According to him, the US Securities and Exchange Commission (SEC) cannot...The post SEC's Appeal Cannot Alter XRP's Non-Security Status, Says Ripple CLO appeared first on The Tech Report.
Pakistan’s New Firewall Might Cost Its Economy $300 Million
Pakistan's new internet firewall can cost its economy a whopping $300 million, said the Pakistan Software Houses Association (P@SHA) in a press release on Thursday. According to reports by local...The post Pakistan's New Firewall Might Cost Its Economy $300 Million appeared first on The Tech Report.
Trump’s Polymarket Bets Fall to 44% as Harris Records Upward Momentum
The race for the next US president is getting stiffer as the election nears. According to recent data, former President Donald Trump's odds of winning the 2024 election have dropped...The post Trump's Polymarket Bets Fall to 44% as Harris Records Upward Momentum appeared first on The Tech Report.
Bitcoin Options Expiry Indicates Declining Price Volatility in The Crypto Market
Bitcoin faces stiff resistance at the $61,300 threshold, with its price struggling below $60,000 in the past 24 hours. Despite the cooling inflation data, futures market metrics reflect a bearish...The post Bitcoin Options Expiry Indicates Declining Price Volatility in The Crypto Market appeared first on The Tech Report.
Expert Urges Investors to Take Advantage of Rare Opportunity and Buy XRP
A prominent researcher, CryptoTank, recently advised the crypto community to invest in XRP tokens before it is too late.Although XRP still trades at $0.55, the researcher believes the coin has...The post Expert Urges Investors to Take Advantage of Rare Opportunity and Buy XRP appeared first on The Tech Report.
Cardano Price Forecast: ADA Trades Below Bearish Trendline – Can It Hit $0.50 in Q4?
Cardano (ADA) is trading below a bearish trendline, hovering around $0.33. Over the past three days, ADA has moved within a narrow 2% range, showing little upward momentum. However, on-chain...The post Cardano Price Forecast: ADA Trades Below Bearish Trendline - Can It Hit $0.50 in Q4? appeared first on The Tech Report.
Spot Ethereum ETF Products Break Three-Day Streak of Positive Flows
In a notable shift, the U.S. market for spot Ethereum ETF products saw significant net outflowson Thursday, amounting to$39.21 million. This downturn halted a three-day streak of positive inflows, marking...The post Spot Ethereum ETF Products Break Three-Day Streak of Positive Flows appeared first on The Tech Report.
$SOL ETFs Will See Limited Demand, Says Sygnum
This year saw record inflows into $BTC and $ETH ETFs, which has sparked interest from asset managers and investors in launching $SOL ETFs. Read on for expert opinions on Solana...The post $SOL ETFs Will See Limited Demand, Says Sygnum appeared first on The Tech Report.
Telegram Mini-App TON Turbo Sparks Exit Scam Fear
TON Turbo encouraged users to profit from mining $TON and $SHIB via a Telegram chatbot, guaranteeing almost doubled returns on the initial capital. However, users recently reported being unableto withdraw...The post Telegram Mini-App TON Turbo Sparks Exit Scam Fear appeared first on The Tech Report.
Crypto4Harris – Democrats Advocate for Crypto Ahead of US Political Showdown
Discussions on crypto politics continue. On Wednesday, leading Democrats joined a Crypto4Harris' town hall, supporting Kamala Harris' US presidential campaign and cryptocurrencies. During the town hall, Senate Majority Leader Chuck...The post Crypto4Harris - Democrats Advocate for Crypto Ahead of US Political Showdown appeared first on The Tech Report.
Where to Watch The Office Online From Anywhere in the World
If you're wondering where to watch The Office, you're not alone. The hit US comedy is a fan favorite and a series that can be watched time and time again....The post Where to Watch The Office Online From Anywhere in the World appeared first on The Tech Report.
US Launched First $BTC-Leveraged ETF, Offering 175% Daily Exposure to MicroStrategy
The SEC has just approved the first US-backed Bitcoin exchange-traded fund (ETF) that offers 175% daily leverage. $MSTX is a long leverage fund released by Defiance ETFs that offers investors...The post US Launched First $BTC-Leveraged ETF, Offering 175% Daily Exposure to MicroStrategy appeared first on The Tech Report.
OKX Wallet Employs Transaction Friendly Blinks To Bring Crypto and NFTs Into the Mainstream
OKX Wallet has become the first of its kind to use Blinks across all EVM-compatible chains (not just Solana). It's time to explore how Blinks streamlines blockchain-based transactions and its...The post OKX Wallet Employs Transaction Friendly Blinks To Bring Crypto and NFTs Into the Mainstream appeared first on The Tech Report.
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