A closely followed crypto analyst thinks that Bitcoin (BTC) could start its pre-halving rally as soon as next week. Pseudonymous analyst Rekt Capital tells his 395,800 followers on the social media platform X that Bitcoin is about to enter its pre-halving rally phase based on historical data. According to the analyst, historical data suggests that […]
Cryptocurrency operates on a decentralized network, making peer-to-peer transactions quicker than a fastball. This freedom and autonomy give bettors a …
You may have noticed a new trend on bitcoin twitter lately, people changing their profile pictures to some form of a Reuben sandwich. I am going to explain what this means, why you should care and why you should consider also becoming a Reuben sandwich. First I must address something important, the Rubin’s Reubens images […]
On February 6, Monero (XMR), a privacy and security-focused token, saw its price drop after Binance, one of the largest crypto exchanges, announced its delisting in the following weeks alongside another three tokens. Monero (XMR) To Be Delisted This Month Binance recently announced the delisting and cease of all trading activity of Aragon (ANT), Multichain (MULTI), […]
Bitcoin-bullish software company MicroStrategy (MSTR) increased its Bitcoin position again in January, bringing its total holdings to an even 190,000 BTC. Michael Saylor, the executive chairman of the company, said on Tuesday that the company acquired another 850 BTC in January for $37.2 million. That’s an average price of $43,764, slightly above today’s trading price […]
According to Elon Musk’s AI product, XRP cryptocurrency can be turned into stablecoin
The South Korean government has taken decisive action to safeguard the interests of cryptocurrency investors with the enactment of the Virtual Asset Users Protection Act, announced by the Financial Services Commission (FSC) today (Wednesday). Financial Services Commission Unveils Virtual Asset Users Protection Act The new law, slated to take effect on July 19, 2024, marks […]
TL;DR Helix launches the first on-chain market for the Japanese Yen (JPY) in collaboration with Cables Finance. The Japanese Yen is the third most traded currency globally, with a daily average volume of $1.2 trillion. The on-chain JPY market launch is the first of many developments in decentralized finance, opening the door for more innovations […]
Dymension (DYM), a newly launched blockchain platform for deploying RollApps and revolutionising decentralised application infrastructure, has surged over 30% in 24 hours. DYM went live with a significant airdrop of nearly USD $400m to wallets, focusing on play-to-earn gaming and DeFi. Dymension (DYM) has gained over 24% in the past 24 hours and takes the […]
Investor Steve Eisman, who took short positions against the housing market leading up to the 2008 crisis, believes that it would be ill-advised for the Fed to start cutting interest rates. In a new CNBC interview, Eisman says the US economy looks solid on the back of healthy consumer spending. According to the “Big Short” […]
A leading crypto analytics firm says that the number of wallets holding Dogecoin (DOGE) is increasing like never before. Santiment says on the social media platform X that the count of wallets holding DOGE is soaring at the fastest rate in the history of the dog-themed memecoin. “Dogecoin’s value is -23% since its top on […]
Solana has turned slightly weak since it rejected the $106 level in late January, although the trend remains bullish on the higher timeframe. A bounce above last month’s low could fuel an increase. Otherwise, it may break down. The recent indecisiveness in the market has made Solana’s next move unpredictable. The price has been fluctuating […]
One cryptocurrency that has recently caught the attention of the crypto community is Retik Finance (RETIK). This article explores the remarkable …
Just one day after the January 11 approval of 11 Bitcoin spot ETFs – including BlackRock’s iShares Bitcoin Trust (IBIT) – by the U.S. Securities and Exchange Commission, BlackRock Chair and CEO Larry Fink sat down with Bloomberg’s David Westin to discuss the implications of the world’s largest asset manager entering the Bitcoin market. Not […]
Bitcoin price is consolidating above the $42,500 support zone. BTC could gain bullish momentum if it clears the $43,500 resistance zone. Bitcoin price is still struggling to clear the $43,400 and $43,500 resistance levels. The price is trading above $42,500 and the 100 hourly Simple moving average. There is a key rising channel forming with […]
BONE saw significant price spike as well, reaching highs of $0.567
In an era where free messenger apps have almost completely dominated traditional text messages, it might seem that after over 30 years, popular “texts” have already become obsolete. Although we do not use them in everyday communication, they are still willingly used as a common medium for marketing and promotion. Unfortunately, not only among legitimate […]
Activity around Bitcoin spot ETFs has slowed substantially this week, with two major funds losing their undefeated streak of inflows since launch. On Monday, both the Bitwise Bitcoin ETF (BITB) and the ARK 21Shares Bitcoin ETF (ARKB) saw their first day of net zero inflows. Loss Of Momentum For Bitcoin Spot ETFs According to data […]
TL;DR Ripple Ordered to Reveal Financial Data: A U.S. District Court has ordered Ripple to reveal its financial statements from 2022-2023. Court Orders Ripple to Produce Contracts: The court has ordered Ripple to produce “post-complaint contracts governing ‘institutional sales’” and to answer an interrogatory. Implications for Ripple and the Crypto Industry: This ruling is another […]
Australian scientist Craig Wright maintains his claim to be Satoshi Nakamoto amid legal action from COPA. Wright has been accused of fabricating evidence, which he claims was due to internal sabotage. In a video submitted to the court, Wright attempts to access Satoshi’s email – however, the address isn’t shown in the frame. The trial […]
US Treasury Secretary Janet Yellen has called for new legislation to close gaps in cryptocurrency regulation. Yellen specifically mentioned the need for regulation of spot markets of non-security cryptocurrencies such as Bitcoin, and federal standards for stablecoin issuers. Crypto lawyer John E. Deaton believes BTC, ETH and XRP were currently deemed non-securities and may be […]
Among the digital currencies focused on artificial intelligence (AI), Bittensor (TAO) has recently gained significant attention as the best-performing asset, soaring by an impressive 109% over the past 30 days and achieving a market capitalization of $2.9 billion. To comprehend the driving forces behind this growth, it is essential to understand what underpins the platform […]
BNB remained under bearish correction as it continued to respect a six-week resistance line. Despite multiple rejections, it has managed to stay above an important mark level. A drop below it could lead to more correction. Following a slight bearish close in January, BNB started this month with a consolidation as there are no significant […]
It provides crucial data and analytical resources, allowing cryptocurrency supporters to discover, research, and monitor dApps across multiple …
Several headlines recently described a 25% drop in bitcoin network difficulty during Winter Storm Finn in January. Most attributed this drop to curtailment activity in Texas. While Texas does represent 17% of the global bitcoin hashrate, ERCOT data shows that some of the curtailment activity was a combination of higher prices and “good grid citizenship.” […]
February 6, 2024 – Singapore, Singapore Lista DAO – a key player in DeFi (decentralized finance) with a specialization in CDP (collateralized debt position) and liquid staking – is set to captivate the cryptocurrency community through the unveiling of its CAC (Cosmic Adventure Challenge) and the introduction of LisBNB. The CAC promises an immersive and […]
Ouinex, a crypto trading platform tailored for active and professional traders, has announced a strategic alliance with Crossover Markets, an institutional trading venue specializing in spot cryptocurrencies. The collaboration heralds a milestone within the crypto sphere, as Ouinex integrates Crossover’s electronic communication network (ECN) technology, known as CROSSx. CROSSx: Reshaping Digital Asset Trading Dynamics Ilies […]
South Korean prosecutors revealed on Monday that they had apprehended and placed under custody three executives, including its two co-chief executive officers, from the crypto yield platform Haru Invest. The trio is facing accusations from Seoul prosecutors of embezzling about 1.1 trillion Korean won, which translates to roughly $826 million in crypto, from around 16,000 […]
Ethereum price gained traction and climbed above $2,350. ETH is now showing positive signs and might extend gains toward the $2,500 level. Ethereum is gaining bullish momentum above the $2,350 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There was a break above a key rising channel forming with resistance […]
February 6, 2024 – Hong Kong, Hong Kong After a period of tranquility, the Ethereum ecosystem is gradually regaining momentum with the rise of the restaking. As seasoned DeFi participants, DeSyn has consistently focused on developing the Ethereum network. Previously, DeSyn initiated the launch of the triple points ETH leveraged ETF based on sharp market […]
Nibiru Chain, a general-purpose layer one blockchain, has successfully closed its latest round of funding, securing $12 million to set the stage for an ambitious phase of growth. Venture investments included contributions from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital and Banter Capital. Tom Dunleavy, CIO and partner at Master Ventures Capital, said, […]