A widely followed crypto analyst is breaking down Bitcoin (BTC) by looking at its historical patterns. Pseudonymous crypto trader Rekt Capital tells his 359,500 followers on the social media platform X that if BTC repeats the pattern it displayed in 2019, it’s going to fall further before rebounding. “BTC… If history repeats…Green circle first. Then blue […]
The cryptocurrency community has been buzzing with excitement as the Securities and Exchange Commission (SEC) considers whether to approve a Bitcoin exchange-traded fund (ETF). This potential crypto milestone begs the question: How popular would a spot Bitcoin ETF be if approved by the SEC? In this essay, we will look at the relevance of a […]
Melissa Wisner, vice president of crypto risk at Ciphertrace, Mastercard's crypto intelligence firm, highlighted the maturation of the cryptocurrency …
From Cyberspace to Outer Space Tension is building in the mines. As the 4th Halving nears and the block reward trims to 3.125 bitcoin per block, miners must not only adapt to a significantly diminished reward, but contend with an increasingly profit-hostile future which might have surprised even the prescient Nakamoto. Indeed, despite widespread hope […]
Data shows that Dogecoin transactions have dropped more than 98% since June, a sign that investors have lost interest in the meme coin. Dogecoin 7-Day Transaction Count Has Dropped To Just 37,300 According to data from the market intelligence platform IntoTheBlock, activity on the DOGE network has really slowed down recently. The metric of interest […]
This Friday, October 13, some 24,000 Bitcoin options contracts are about to expire, with a value close to $640 million, generating some rumors in the market regarding how these types of impacts are being diluted lately by the leading asset of the crypto ecosystem in recent times. Although the general cryptocurrency market has been under […]
Eetu Kuneinen argued against CBDCs, as they are “centralized by nature,” saying that certain dangers come with government control.
Summary Hamas told its advocates in April 2023 to cease sending the militant group Bitcoin. Bitcoin, though unfairly associated with criminal activity, is historically ineffective for money laundering. The public nature of Bitcoin’s blockchain made it easy for authorities to track Hamas’ movements until they stopped using BTC. Palestinian militant and political group Hamas has […]
New data reveals deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of digital assets, including Bitcoin (BTC) and Ethereum (ETH). According to data from whale-tracking platform Whale Alert, $511 million worth of the top crypto asset by market cap just moved to the top US-based digital asset exchange Coinbase or an […]
BarnBridge is the latest crypto project that found itself entangled in legal proceedings initiated by the US Securities and Exchange Commission (SEC). With potential financial penalties on the horizon, the project turned to its token holders. The details of any specific order sent by the financial regulator have not been disclosed. Voters Decide on SEC’s […]
The rise of stablecoins has been nothing short of revolutionary. These digital currencies, which are frequently pegged to traditional assets such as the US dollar, have promised to transform the way corporations conduct international trade. But the big question is whether stablecoins have genuinely delivered on their promise of making cross-border commerce cheaper and easier, […]
The University of Liverpool Management School has contributed to a new report by the government's Culture, Media and Sport Committee warning that …
“Contrary to popular belief, Bitcoin did not appear out of nothing. For decades prior to Satoshi Nakamoto introducing his invention, a diverse group of computer scientists, privacy activists, and heterodox economists tried to create a digital form of money that could operate independently of government control. The Genesis Book tells the story of the people […]
When can price of Bitcoin (BTC) bounce back?
Bitcoin’s history is filled with stories of people who put small, disposable amounts of money into the crypto and ended up making a fortune. This has been no different from the case of one Norwegian man, whose throwaway $22 Bitcoin investment has turned into a life-changing sum. When Kristoffer Koch had originally invested in Bitcoin […]
Bitcoin analysis flags liquidity waiting in the wings above and below the current BTC price range, while GBTC erases more of its discount.
The recent G20 agreement to regulate the cryptocurrency industry has raised a red flag for the community. The crypto world has since its inception been a beacon of hope for those who long for a more democratic and decentralized financial system. But, as cryptocurrencies have expanded and gained legitimacy, they have attracted the attention of […]
Summary After a strong October, Bitcoin is down 2.6% on the week. The digital currency was met with resistance at the USD $27,000 level amid worsening macroeconomic conditions. Crypto analysts believe that investors should prioritise major coins like BTC and ETH during bear markets, regardless of short-term trends. Bitcoin will likely be the catalyst for […]
Summary Cathie Wood believes in the decentralised and transparent Bitcoin network. She said Sam Bankman-Fried hated it for that very fact – that he couldn’t control it. Additionally, she encourages people of all ages to embrace technology as a means for change. Founder, CEO and CIO of ARK Invest, Cathie Wood is a staunch supporter […]
In response to the ongoing war with Hamas, Israeli crypto and web3 communities have joined forces for a humanitarian initiative to raise funds to support Israeli citizens affected by the conflict. Dubbed Crypto Aid Israel, this initiative involves a multi-signature wallet that is jointly controlled by various parties, Coindesk reported. The platform receives donations denominated […]
The cryptocurrency sector has rapidly evolved since its inception over a decade ago. From Bitcoin's creation to the rise of initial coin offerings …
The following report is a collaboration between Marathon Digital Holdings Inc. and Bitcoin Magazine Pro on integrating bitcoin mining into landfill management and methane mitigation. TLDR Landfills are a significant contributor to global methane emissions, which, if mitigated, could have a greater environmental impact than managing carbon dioxide emissions. Conventional methane management methods, such as […]
Among many critical revelations about Alameda and FTX’s relationship, Caroline Ellison confirmed that Alameda always had access to customers’ funds at FTX.
Ark Invest, led by Cathie Wood, has taken a significant step forward by filing an updated version of its spot Bitcoin ETF prospectus. The move is in response to recent feedback from the U.S. Securities and Exchange Commission (SEC) asking for clarifications on some concerns. Changes to Ark Invest’s Spot Bitcoin ETF Prospectus Eric Balchunas, […]
Report shared by blockchain sleuth shows that financial institution has just deposited massive amount of USDT on leading crypto exchange
Bitcoin price is consolidating above the $26,550 level. BTC could correct higher, but upsides might be capped near the $27,400 and $27,500 resistance levels. Bitcoin is finding bids near the $26,550 level. The price is trading below $27,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance […]
A widely followed crypto trader says digital assets are reaching the end of a bear market while breaking down Bitcoin (BTC). Crypto analyst Michaël van de Poppe tells his 668,300 followers on the social media platform X that the crypto markets might already be reversing. “The final stage of the bear market for crypto. We might […]
The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said.
Summary Bankman-Fried trial continues with more telling details revealed. The trial reveals that SBF thought rules don’t apply to him. The prosecutor compared his behaviour in court to intimidation. The crypto trial, which some may hope to end sooner rather than later, while others eagerly await every detail, is only in its second week, yet […]
Caroline Ellison Speaks at SBF trial The SBF trial is well underway in New York and former girlfriend and co-worker Caroline Ellison took the stand this week. Source: Adobe Stock Images Ellison said she began to become anxious when the crypto downturn first started in 2022 as many of Alameda Research’s lenders had open-term loans, […]
Caroline Ellison, who plays a crucial role in the case against FTX’s Founder Sam Bankman-Fried (SBF), faced intense cross-examination by the defense as she testified against her former boss. The trial highlighted complex events that led to the collapse of FTX and Alameda Research. Ellison, a key witness and SBF’s former girlfriend, provided a detailed […]