The demand for institutional investors for Bitcoin BTC $37,747 became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance’s BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin’s potential to break above the $40,000 mark in the short term. […]
Outrage = ChatGPT + racial slurs In one of those storms in a teacup that’s impossible to imagine occurring before the invention of Twitter, social media users got very upset that ChatGPT refused to say racial slurs even after being given a very good, but entirely hypothetical and totally unrealistic, reason. User TedFrank posed a […]
Bitcoin price failed again to clear the $38,500 resistance zone. BTC is consolidating above the 100 hourly SMA and might attempt another increase. Bitcoin is still facing heavy resistance near the $38,500 zone. The price is trading above $37,400 and the 100 hourly Simple moving average. There is a key bullish trend line forming with […]
Trading legend John Bollinger has cast a critical eye on Litecoin, flagging its underperformance against Bitcoin
Cristiano Ronaldo is the subject of a huge class action lawsuit in relation to his promotion of cryptocurrency exchange Binance. The Portuguese …
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC.
Chainlink, the leading oracle network, achieved a significant milestone with the launch of the enhanced version of its staking feature, known as Staking v0.2, on the Ethereum network. This move aligns with Chainlink’s Economics 2.0 initiative, aiming to improve cryptoeconomic security and broaden the utility of the LINK token. The migration phase is already underway, […]
Base, the layer-2 scaling solution built on the Optimism technology for Ethereum, has successfully surpassed $10 million in cumulative revenue since its launch in early August 2023. This achievement highlights the consistent growth of revenues in Layer-2. The increasing popularity of layer-2 solutions on Ethereum is evident in the significant rise in Base’s revenues. Scaling […]
TLDR The Sandbox (SAND) unveils major digital fashion partnership with Gucci. Uniswap X’s trading volume soars over $1 billion. NuggetRush (NUGX) unveils revolutionary NFT staking as part of its gaming services. The Sandbox (SAND) has partnered with Gucci to allow users to view the latter’s fashion collection via metaverse technology. Elsewhere, trading on Uniswap […]
TL;DR Bitcoin (BTC) has risen above $38,000 as BTC’s supply on exchanges drops to 5.38%, the lowest since December 2017, amid declining trust in exchanges following events like FTX’s collapse and Binance’s legal troubles. The trend towards BTC self-custody is seen as bullish, contributing to Bitcoin’s significant rally of 130% since the year’s start. Analyst […]
The future of the market structure for digital assets is undergoing a transformation propelled by innovation and regulation in Europe. Despite many challenges, the institutional crypto derivatives market is evolving in the region. A report released by Acuiti in association with D2X shows that this market is shifting. It is marked by innovations, less reliance […]
In a recent technical analysis published by crypto analyst Egrag, an inverse head and shoulders (H&S) formation has been identified on the XRP/USD chart, indicating a potential bullish reversal in the near term. The pattern, which has been forming over the last two weeks, suggests that XRP could be setting up for a significant price […]
Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain a mainstream possibility. Sony has filed a […]
Best-selling writer Robert Kiyosaki outlines Bitcoin and BTC ETF as lifeline during economic turbulence
Crypto enthusiasts, buckle up! In the dynamic world of cryptocurrency, GameStop Memes (GSM) is stealing the spotlight.
While Ether represents 50% of the total crypto donations made to Save the Children’s HODL Hope Campaign, Bitcoin donations amount to 34% of the lot so far.
Canadians are overwhelmingly opposed to their central bank researching and issuing a digital loonie, according to newly released survey results from the Bank of Canada. The report found that citizens and stakeholders are worried that the technology could violate their financial privacy, and wouldn’t be their payment method of choice compared to existing options. Why […]
Hong Kong authorities reported that 145 users fell victim to a scam orchestrated by the unlicensed cryptocurrency exchange Hounax. It has resulted in a loss of 148 million HKD ($18.9 million), as reported by the local media outlet Shenzhen Commercial News on November 27. During an initial press conference on November 25, local police informed […]
Terra has stirred considerable attention of late, experiencing an impressive surge in prices that has left market observers intrigued. The catalyst behind this upward trajectory can be largely attributed to notable advancements within the Terra Ecosystem. A recent substantial capital infusion likely instilled significant confidence among investors, acting as a driving force behind the recent […]
A long-term analysis of Ethereum observed from today, Wednesday, November 29, 2023, reveals certain levels of importance that could influence its future trajectory. By observing the historical behavior of the asset, we can detail how large investors are working various structures within the price, from the abrupt minimum around $1,070, which occurred during the month […]
Luna Classic advanced bullish this week following a strong rebound last Thursday. While the price remains strong on a daily, it looks highly volatile across major timeframes following a huge gain in the past week. Lunc started to show signs of strength after establishing support at $0.000055 in October. Following a slow recovery from that […]
The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms.
Decentralized exchange (DEX) dYdX is going live with its new native blockchain featuring a hefty rewards program for its users. dYdX Chain, built using the Tendermint consensus with the Cosmos SDK, is a standalone chain for the DEX, which previously ran on Ethereum (ETH). The launch of dYdX also features a six-month incentive program, launched […]
Renowned investor Charlie Munger passed away at the age of 99, leaving behind a legacy of strong opinions and valuable advice. Munger was a staunch critic of cryptocurrency, famously calling it “absolutely crazy, stupid gambling.” Despite his criticisms, Munger offered practical advice on investing and life, emphasising principles like prudence, deferred gratification, and lifelong learning. […]
Renowned financial commentator and Bitcoin skeptic Peter Schiff publicly criticized CNBC for its alleged oversight in covering recent surge in gold prices
Many Berkshire Hathaway investors have enjoyed Charlie Munger's quips over the years. Keep reading for some of his greatest quotes.
The crypto custody and trading solutions company Copper, led by former British Chancellor Phillip Hammond, is expanding its services to include securities. This move aims to attract institutional investors by offering smart contracts and tokenized assets within traditional financial markets. Copper Expands from Cryptocurrencies to Securities According to the company’s recent announcement, blockchain technology will […]
The Securities and Exchange Commission’s (SEC) latest decision wasn’t enough to hold back the foremost cryptocurrency, Bitcoin. The cryptocurrency crossed $38,000 even on the back of the SEC’s move to delay two Spot Bitcoin ETFs. SEC Delays Templeton And Hashdex Bitcoin Spot ETF On November 28, the SEC delayed its decision on Templeton and Hashdex’s […]
A widely followed crypto analyst says that Uniswap (UNI) is on the verge of breaking out into a significant uptrend. Pseudonymous crypto trader Rekt Capital tells his 371,600 followers on the social media platform X that the native token of leading decentralized exchange (DEX) Uniswap could soon flip a key resistance level into support, signaling […]
HodlX Guest Post Submit Your Post In the dynamic and ever-shifting world of Web 3.0, stablecoins have been perceived as the go-to on-chain safe haven for investors seeking protection from notoriously volatile crypto assets. Nonetheless, now several years into their plight as presumed on-chain fiat, stablecoins have failed to resolve or even improve upon their […]
TL;DR Ethereum (ETH) is showing strong performance, currently trading around $2,000, with predictions of reaching its all-time high of over $4,800. Analyst FieryTrading forecasts ETH to reach nearly $5,000 by early 2025, citing a long-term bullish pattern. The same analyst predicts a significant rise for Cardano’s ADA, expecting it to exceed $35 by 2025 based […]
SiBAN president Obinna Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the economy.