The Shiba Inu burn initiative has been one of the most notable developments this week that has gained the interest of the crypto community, witnessing massive surges in its token burn rate in the past few days. Shiba Inu Burn Rate On The Rise Data from Shiba Inu burn tracker Shibburn shows that the SHIB […]
Multiple US senators are demanding an explanation from the U.S. Securities and Exchange Commission (SEC) after Tuesday’s high-profile social media fiasco. Someone compromised the SEC’s X account on Tuesday and issued a false statement claiming the regulator had approved spot Bitcoin (BTC) exchange-traded fund (ETF) applications, whipping the crypto world into a temporary frenzy. SEC Chair […]
ARK Invest founder Cathie Wood says a massive price target for Bitcoin just became more likely with the approval of spot market BTC exchange-traded funds. In a new interview on CNBC Squawk Box, Wood says that ARK Invest’s bull case prediction of Bitcoin reaching the $1.5 million level by 2030 is now more probable after […]
Bitcoin ETF news caused an altcoin price surge, and Ethereum, Cardano, and Avalanche gained notably, with three other altcoins rising about 50% in a week. Ethereum Name Service rose 52% in a week, likely boosted by Ethereum’s Vitalik Buterin emphasising its crucial role and need for affordability in the ecosystem. Ethereum Classic (ETC) saw a […]
TLDR Lido DAO gained 60% in Q4 2023, and experts predict more growth by 2025. GMT surged 86% in Q4 2023, and analysts expect bulls to remain dominant. Rebel Satoshi emerges as a top investment after promising more presale gains. Top altcoins like Lido DAO (LDO) and GMT (GMT) performed impressively in 2023, especially during […]
TL;DR The SEC has filed a motion against Ripple, demanding the company provide certain documents related to the lawsuit. Ripple seeks a brief extension to respond to the SEC’s demands for documentation regarding XRP sales. The legal conflict, starting in December 2020, heads towards a grand trial on April 23, 2024, with significant implications for […]
Almost 90% of Bitcoin holders are in profit for first time since November 2021
In a recent filing on January 11, the US Securities and Exchange Commission (SEC) has intensified its legal pursuit against Ripple Labs, Inc., seeking to compel the blockchain company to provide crucial financial documents. The SEC’s move is part of the ongoing legal case, which originated in December 2020 when the regulatory body alleged that […]
Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday, providing increased access to the cryptocurrency for …
January 11, 2024 – Lucerne, Switzerland The INTMAX Wallet team is excited to announce the launch of ‘Link Transfer’ today, a groundbreaking feature addition. This innovative functionality transforms the process of sending crypto for both individuals and organizations, making it as simple as sending a message on a social network. The introduction of Link Transfer […]
Bitcoin (BTC) is skyrocketing after the U.S. Securities and Exchange Commission (SEC) approved a slew of bids to create spot market BTC exchange-traded funds (ETFs). The highly anticipated move by the regulatory agency – which saw it approve the applications of several marquee firms such as BlackRock (IBIT), Fidelity (FBTC), Invesco (BTCO), ARK Invest (ARKB), […]
In a historic moment for the cryptocurrency market, all spot Bitcoin Exchange-Traded Funds (ETFs) are now live and open for trading. The launch was met with an overwhelming response from investors, with trading volume exceeding $1 billion within the first five minutes. The introduction of spot Bitcoin ETFs marks a significant milestone in the integration […]
The initiation of operations for the new Bitcoin ETFs has been auspicious, with the initial performance of BlackRock and Fidelity standing out. Both financial giants on Wall Street are leading the market with an impressive combined trading volume exceeding $958 million. The innovative nature of BlackRock and Fidelity’s products suggests that a significant portion of […]
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. This week’s topics Monumental SEC failure Bitcoin ETF multiple German economic update Taiwan elections and China […]
The Shiba Inu burn rate is not slowing down, especially now that the SHIB team has officially joined the effort. This participation from the Shiba Inu team has led to some of the largest daily SHIB burns that have been recorded since the burn initiative started. And now, once again, the team has carried out […]
XRP’s trading volumes skyrocket by 96% in 24 hours, as its price firmly holds crucial support level
KuCoin Research has released its monthly report for January 2024, highlighting a notable resurgence in Web3 investments. During this period, seed rounds and strategic financing increased, with 22% of projects securing funding that exceeded USD $10 million. Compared to the previous month, the proportion of projects with financing below USD $10 million decreased, signaling a […]
The first trading day of new Spot Bitcoin ETFs broke records with around USD $4.6 billion in inflows, largely driven by a shift from Grayscale’s Bitcoin Trust (GBTC) to these ETFs. Trader Michaël van de Poppe attributed the recent Bitcoin rally to a ‘buy the rumour, sell the news’ phenomenon. British HODL suggests that Bitcoin’s […]
In the thrilling world of cryptocurrency, the race for the first U.S. Bitcoin ETF is reaching a climax. This development, eyed eagerly by investors, could redefine the future of Bitcoin trading. Meanwhile, savvy traders are also assessing the profit potential in emerging stars like Filecoin and the best memecoin contender, RebelSatoshi (RBLZ). Let’s unpack these […]
Bitcoin soared past $49,000 hours ago after the first ETFs reached the US market but plummeted by over three grand in the following minutes. This resulted in a lot of pain for over-leveraged traders, as the total value of liquidated positions has soared to well over $300 million on a daily scale. January 10, 2024, […]
Apple has reportedly booted out several crypto exchanges from its app store in India amid allegations that most of these platforms are illegally operating in the country. TechCrunch reports that Binance, Kraken, Huobi, Gate.io, Bittrex, Bitfinex and OKX’s apps are no longer accessible on Apple’s India app store, though customers who have already installed them […]
Apple reportedly removed Binance and seven other cryptocurrency platforms from its Indian App Store.
We all have a journey to Bitcoin. Some started as sound money advocates who adored Austrian economics and gold. Others fell out of the TradFi world when they knew something wasn’t quite right. Most Bitcoiners have gone through trials and tribulations of altcoin hell. However you made it here and to Bitcoin, welcome–and buckle the […]
PlanB, the creator of the renowned Stock-2-Flow (S2F) model, has once again captured the community’s attention with three bullish Bitcoin (BTC) forecasts. In a YouTube video recently uploaded, the S2F creator shared bold predictions. In the short term, PlanB sees Bitcoin soaring to above $50,000 before the upcoming halving event scheduled for April. The S2F […]
CoinGecko, the cryptocurrency price tracking platform, fell victim to a hacking incident on its X account. The incident occurred when hackers made a fraudulent post announcing the launch of a new cryptocurrency called GCKO. The post claimed that GCKO could be used to pay for API services, with a special mention of the ANKR cryptocurrency. […]
Amid growing expectations about the possible arrival of a Ripple (XRP) Exchange-Traded Fund (ETF) in the United States during 2024, Bloomberg Intelligence analyst James Seyffart sheds light on the real possibilities of this event. Seyffart suggests that the chances of an XRP ETF seeing the light of day in 2024 are slim, and bases his […]
Shiba Inu (SHIB) has once again erased a zero from its price
Financial markets are a rollercoaster of uncertainty and unpredictability. Warren Buffett once said: “The only value of stock forecasters is to make fortune-tellers look good.” Crypto is like that, but on steroids. No wonder, then, that every once in a while, we see the emergence of an event that market thought leaders define as a […]
A widely followed crypto analyst says Bitcoin (BTC) is set to soar after the U.S. Securities and Exchange Commission (SEC) approved 11 BTC exchange-traded funds (ETFs) yesterday. Crypto trader Michaël van de Poppe tells his 683,000 followers on the social media platform X that BTC could reach as high as $600,000 this market cycle. “Range is defined. […]
Bitcoin miner outflow has reached a 77-month high despite an overall positive trend in the crypto market. According to on-chain intelligence firm CryptoQuant, the ‘Miner Outflow’ metric demonstrated the outflow of Bitcoin from mining pool wallets not seen since August 2017. The outflow metric doesn’t directly monitor funds transferred from miners’ addresses to crypto exchanges, […]
Is the Santa Clause rally coming? We look at the levels Bitcoin needs to hold for this to happen. Macroeconomic calendar update, US PCE and GDP data could drive volatility this week. SOL and BONK technical updates, where we could go should we see a continuation in the market. After a fake ETF approval announcement […]
Despite slight decrease in the global market cap today, ARB defies the odd and posted 5% gain. It bounced off a key support level few days ago and now aiming to retake previous resistance. The price may breakup soon. Last week, Arbitrum reached a new high of $2.1 after rallying through several resistance levels in […]