Shibarium, the Layer-2 blockchain linked to the widely recognized meme coin Shiba Inu, is making notable strides. Recent data indicates a significant uptick in user engagement, marked by a substantial increase in both transactions and wallet growth. The Shibariumscan explorer reveals that daily transaction volume on Shibarium has reached roughly 7.84 million, reflecting a steady […]
Shorts are clamoring against Coinbase as the leading cryptocurrency exchange enjoys a triumphant year in 2023. As the company’s shares soared nearly 400%, short sellers suffered losses exceeding $4.2 billion, marking a considerable hit to those who bet on the downside. Despite these astronomical losses, short investors remain persistent in their negative bets. Short interest, […]
Tellor, the decentralized oracle system designed to provide external data to blockchain networks, has witnessed a remarkable surge in its native token, $TRB. Over the past 24 hours, the price of Tellor’s cryptocurrency, $TRB, has surged by more than 39%, reaching a new all-time high (ATH) at $248.70 at the time of writing. This marks […]
Additionally, Ripple can offer cryptocurrency exchange services involving fiat currencies, facilitate exchanges between various cryptocurrencies, and …
Analysts predict that the Securities and Exchange Commission (SEC) will approve spot Bitcoin ETF applications in January 2024, following the approval of Bitcoin (BTC) Futures ETFs in October 2021 and Ether (ETH) Futures ETFs in October 2023. In anticipation, traditional financial institutions also applied to issue spot Ether ETFs. Since applicants like BlackRock have a […]
A widely followed crypto trader is reassuring traders that Bitcoin’s (BTC) current consolidation is simply a dip in the bull market. Crypto analyst Michaël van de Poppe tells his 679,400 followers on the social media platform X that the market cooling down at the end of the year is to be expected. “Bitcoin consolidating, altcoins taking a […]
Why Bitcoin (BTC) fees skyrocketed to new heights in 2023
CatalX CTX Ltd., the company behind the Canadian crypto exchange Catalyx, has taken the unprecedented step of suspending all trading, deposits, and withdrawals in the wake of a security breach. The breach has reportedly resulted in the loss of some customer funds, prompting swift action from the platform. Concerns Rise Over Financial Losses CatalX CTX […]
Catalyx, a crypto trading platform based in Canada, suffered a security breach that resulted in the loss of customer funds in its custody. While the exact value of the loss is not mentioned, the platform has halted crypto and fiat withdrawals amid ongoing investigations. Catalyx Suspends Trading and Withdrawals CatalX CTS, the operator of Catalyx, […]
The Bitcoin Rainbow Chart has emerged as a universally used analytics tool that helps crypto investors and traders predict BTC’s ever-changing market trends and cycles. Bitcoin Rainbow Chart BTC Analysis Throughout the year, the price of Bitcoin has experienced several uptrends and downsides. Starting from the last three months of 2023, BTC’S price has experienced […]
Spot Bitcoin exchange-traded fund (ETF) fever has reached a crescendo on the day of the deadline for amendments set by the Securities and Exchange Commission. But who are the big boys vying for a commanding position in the nascent digital asset market? December 29 is the final day for filing amendments to spot Bitcoin ETFs […]
The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice With an increased demand for innovative solutions in the cryptocurrency market, experts believe that AI and Big Data have attracted a lot of attention as far as investment potential goes. Artificial Intelligence is changing many industries, but […]
Silly Dragon, a novel memecoin running on the Solana blockchain, has experienced a remarkable surge in value since its debut on December 16th. The coin quickly gained popularity within the memecoin token sphere, drawing inspiration from Anatoly Yakovenko, one of Solana’s co-founders, who notably appeared at a conference last Halloween dressed as a dragon. The […]
A decentralized exchange (DEX) built on Osmosis (OSMO) was hacked for $1.14 million worth of crypto this week. The Levana Protocol (LVN), which focuses on perpetual swaps, announced on Wednesday that it had been hit with an oracle attack that impacted 10% of its liquidity pools (LPs). Levana says the issue has been resolved and […]
The news of the removal of trading pairs for privacy tokens DASH, Monero (XMR), and ZCash (ZEC) by the cryptocurrency exchange platform OKX had a significant impact on the values of these digital assets. This decision, set to take effect on January 5, led to a decrease of up to 10% in the value of […]
The latest PYMNTS Provider Ranking of Cryptocurrency Apps details the top choices for mobile apps that deal in the world of digital currencies.
VanEck, a prominent investment management firm, has unveiled a interesting new Bitcoin commercial, stirring excitement and speculation within the Bitcoin community. The release comes amidst mounting anticipation surrounding the possible approval of Spot Bitcoin Exchange-Traded Funds (ETFs) by the Securities and Exchange Commission (SEC). The commercial, showcases a high-quality production recorded at PubKey, a Bitcoin bar […]
Cryptorank data shows Cardano (ADA) primed for best December close in six years
The Avalanche Foundation is expanding its support of meme coins. This move could further boost the popularity of Avalanche, a low-fee and high-throughput blockchain, and even support its native coin, AVAX. Avalanche Foundation To Support Meme Coins Taking to X on December 29, the foundation said it would continue its Culture Catalyst initiative to encourage meme coin […]
TL;DR Solana (SOL) has experienced notable volatility, with rapid price fluctuations and shifts in its ranking within the cryptocurrency market. Ripple (XRP) is the focus of bullish predictions by analysts, forecasting significant price increases in the coming months. Shiba Inu’s Shibarium blockchain solution has reached a significant milestone in transaction volume. SOL’s Price Swings One […]
A closely followed crypto strategist is warning that one red-hot Dogecoin (DOGE) rival is now in a bearish trend. Pseudonymous analyst Altcoin Sherpa tells his 202,700 followers on the social media platform X that Bonk (BONK) may print a dead cat bounce price pattern, a term used in finance to describe a small, brief recovery […]
One decentralized exchange (DEX) platform is skyrocketing as its community shows overwhelming support for its proposed supply cut of tokens. In a new proposal, over 97% of the community members of decentralized crypto exchange PancakeSwap (CAKE) voted to lower the digital asset’s token supply to a maximum cap of 450 million. “Now that CAKE has […]
Michael Saylor predicts that 2024’s Bitcoin halving will create a supply shock that will complement institutional investment in exchange-traded funds (ETFs). Cathie Wood is “as optimistic as ever,” while crypto hedge fund managers see sustained growth in 2024. Saylor thinks the ETF approvals will create a “high bandwidth” channel for companies to invest in Bitcoin. […]
The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice Without a doubt, the future of crypto trading lies in artificial intelligence (AI). The world of crypto is incredibly volatile and prices can soar or crater in a matter of minutes. Profiting from crypto trading takes a […]
Analysts have picked Litecoin, Pullix, and Polkadot as three of the most underrated coins of Q4 2023. While Polkadot and Litecoin lost their bullish price movements in Q3 2023, they regained their bullish momentum in Q4 2023. Pullix, a top ICO and presale project, has captured the attention of the crypto community with its hybrid […]
The focus of this proposal is to require citizens to declare all their cryptocurrency assets, both domestically and abroad. The bill has sparked …
The Avalanche Foundation announced its intention to deepen its involvement in the world of memecoins as part of its “Culture Catalyst” initiative. This strategic move aims to recognize and promote the culture and fun embodied by memecoins through the acquisition of select cryptocurrencies of this kind. The selection process for these cryptocurrencies will be based […]
Bitcoin (BTC) could be on the brink of a rebound as traders eye key retracement levels
Bitcoin price failed again to clear the $44,000 resistance zone. BTC is declining and might be at risk of a downside break below the $41,500 level. Bitcoin is slowly moving lower from the $43,800 resistance zone. The price is trading below $43,000 and the 100 hourly Simple moving average. There is a key bearish trend […]
Hong Kong is asking for the public’s opinion on a new legislative proposal to regulate stablecoins and the issuers of these fiat-backed crypto assets. On Wednesday, the city’s Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) jointly launched a public consultation paper to gather feedback on the government’s plan […]
A widely followed crypto analyst says that there’s a chance that Bitcoin’s (BTC) recent rally may be tapped out. Crypto analyst Michaël van de Poppe tells his 679,000 followers on the social media platform X that the buzz surrounding BTC generated by rumors of an exchange-traded fund (ETF) approval has probably reached a limit. “Bitcoin is […]
Solana (SOL) took the crypto world by storm throughout November and early December, with incredible gains of over 490% that helped push the token to a high of $125.65. However, since that peak, SOL has struggled to regain momentum, prompting some investors to ponder whether the token’s rally is finally over. Solana Slumps Back to […]