A widely followed crypto analyst and trader is offering his take on a decentralized machine-learning altcoin that’s jumped by triple digits in a fortnight. The analyst pseudonymously known as Altcoin Sherpa tells his 206,600 followers on the social media platform X that the Fibonacci retracement levels on the daily chart of Bittensor (TAO) are “holding […]
Several big Bitcoin chunks have been transferred to PayPal wallet from anonymous address
This transition marks a pivotal moment in the cryptocurrency's journey, attracting a flood of investors eager to secure their stake before its …
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. On Sunday, February 4, El Salvador’s presidential election will determine whether Nayib Bukele and his revolutionary […]
A Belarusian national is facing charges of money laundering conspiracy and running an unlicensed money services business, allegedly at the helm of the notorious digital currency exchange BTC-e. According to a report by the Office of Public Affairs at the US Department of Justice, the indictment spans from 2011 to July 2017, revealing a web […]
In the dynamic world of cryptocurrencies, the trajectory of digital assets can shift dramatically, as evidenced by the contrasting fortunes of Pushd (PUSHD), Arbitrum (ARB) and Cosmos (ATOM). This article delves into the reasons behind Pushd (PUSHD) meteoric rise while Arbitrum (ARB) and Cosmos (ATOM) experience downturns, offering insights into the current crypto landscape. Arbitrum […]
Chainlink has shot up over 12% to break $18 during the past day. A retest of the on-chain resistance wall at $20 could be next. Chainlink Has Outperformed Market With Its 12% Rally The past 24 hours have been green for most of the cryptocurrency sector, but the positive returns have been small for most […]
Analyst Ali Martinez says a key Bitcoin (BTC) indicator is now flashing green. Martinez tells his 42,900 followers on the social media platform X that Bitcoin’s Market Value to Realized Value (MVRV) indicator shows the price of the flagship crypto asset is likely to go up, if past is prologue. MVRV is the ratio of […]
After months of recovery, Bitcoin’s price has failed to break above $48K and has been decisively rejected to the downside. Yet, the uptrend may be far from over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rejected from the $48K resistance level. Yet, the $40K support zone has […]
TL;DR Bitcoin’s Realized Cap Nears ATH: Bitcoin’s realized cap, which reflects its true value, is currently 5.4% below its previous all-time high (ATH) of $467 billion. Slow Recovery in Current Cycle: The recovery speed of Bitcoin in the current market cycle (2023-24) has been slower than in previous ones. Steady Trading Range in 2024: Despite periodic peaks and […]
TL;DR Co-founder of Ripple, Chris Larsen, fell victim to a cyber attack on his personal account resulting in the theft of 213 million XRP, valued at $112.5 million. Binance takes decisive action by freezing $4.2 million in stolen XRP to support fund recovery and prevent unauthorized use. Binance CEO, Richard Teng, acknowledges cryptocurrency detective ZachXBT […]
Critics of the hugely-hyped Jupiter (JUP) airdrop have questioned the project’s tokenomics, likening the airdrop to an ICO style cash-grab. Jupiter founder, Meow, swatted away criticism on Thursday, suggesting his critics are uninformed. JUP token is currently down almost 70% from its highs, as sell pressure from airdrop recipients tanks price. Meow—the pseudonymous creator of […]
Bitcoin flashing ‘buy the dip’ signal, per on-chain analyst Ali Martinez
A Manhattan jury on Thursday found an Upper East Side woman guilty of funding terrorism after she used cryptocurrency to send financial support to …
In a recent statement, former President Donald Trump made it clear that, if elected for a second term, he would not reappoint Jerome Powell as the Federal Reserve Chair. Trump has expressed his dissatisfaction with the current Fed Chair’s performance, and suggests that Powell will rate cuts in attempt to give Democrats an advantage in the […]
The US federal prosecutors charged three individuals last month for their involvement in a $400 million hack of crypto exchange FTX using the SIM-swap technique. Although the court documents filed on January 24 named the crypto exchange “Victim Company-1,” a Bloomberg report confirmed it to be FTX. SIM-Swap Attackers Were behind FTX Hack According to […]
Solana is attempting a fresh increase from the $92 zone. SOL price could gain bullish momentum if it manages to clear the $100 and $104 resistance levels. SOL price started a fresh decline from the $106 resistance against the US Dollar. The price is now trading above $92 and the 100 simple moving average (4 […]
Guaranteed income programs are sprouting across the US as two large counties prepare to give millions of dollars to people who are tight on funds. The nonprofit Inland SoCal United Way is teaming up with the California Department of Social Services in a new pilot program designed to give away $10 million to residents of San […]
After witnessing a nice recovery all through last week, Avax tumbles and turns weak again due to the latest drops. It has registered a 7% loss in the last 48 hours and will likely shed more in the coming days. Last week, Avax took a little break from the dip and increased by more than […]
Ethereum’s price has been rapidly declining recently following a rejection from the $2,750 resistance level. While a further drop is probable in the short term, the overall bullish trend might not be over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the Ethereum price has been oscillating inside a large ascending channel. […]
News about all major SHIB projects spread by Shiba Inu team member after meeting with lead developer
However, analysts remain optimistic about the second-largest cryptocurrency, given the supportive momentum signals. In sum, while Bitcoin searches for …
TL;DR Jay Jog highlights the unique feature of Sei’s EVM Parallelization, which allows for high transaction speeds and enables developers to use ETH’s EVM. The blockchain company aims to scale Ethereum Virtual Machines similarly to Solana. The v2 upgrade will remove barriers for developers interested in implementing DeFi protocols on the Sei blockchain. In a […]
Chainlink (LINK) has seen a stellar rally in late 2023, and this trend appears to continue into early 2024. The oracle network continues its upward trend with key developments in real-world asset tokenisation and the expansion of its CCIP, enhancing its pivotal role in the blockchain industry. Further, Chainlink Automation Launch and DeFi Yield Index […]
Well I’ll be damned. 18 months down the road after Celsius paused withdrawals, it finally snaps out of what seemed an ever-lasting Chapter 11 Bankruptcy. Despite initial scepticism around its ability to recoup funds to investors, 98% of creditors approved the bankruptcy exit plan. As of February 1, Celsius has begun distributing over $3 billion […]
OPNX, a hybrid platform for trading bankruptcy claims and cryptocurrencies, has confirmed the closure of all its operations by February 14. The platform was launched by failed hedge fund Three Arrows Capital (3AC) co-founders last year. Another Failed Crypto Venture According to a CoinTelegraph report, the exchange emailed its customers, notifying them of the upcoming […]
BitMEX co-founder Arthur Hayes is predicting that one catalyst will cause Bitcoin (BTC) to soar to seven figures. Hayes tells his 448,300 followers on the social media platform X that a decline in commercial property prices may soon prompt the Federal Reserve to inject liquidity into the markets to prop up the economy. He highlights […]
Deep-pocketed Bitcoin (BTC) traders are suddenly moving billions of dollars worth of the flagship digital asset to and from crypto exchanges and unknown wallets. New data from whale-surveying platform Whale Alert reveals that one BTC whale abruptly moved 35,049 BTC worth $1,518,020,170 from an unknown wallet to another on January 31st, the biggest transaction involving […]
In an analysis released via X, Thomas Young, managing partner at RUMJog Enterprises, is projecting a staggering upward trajectory for Bitcoin’s price by the end of the year, basing his predictions on the influence of Bitcoin Exchange-Traded Funds (ETFs) inflows. As NewsBTC reported, Grayscale’s GBTC outflows have slowed down significantly recently, resulting in constant net […]
Polkadot DOT resumed a downtrend this week after failing to sustain recovery. The bears appeared back in control as they slowly released pressure. We can expect bigger drops if the price breaks below $6. After ending a week retracement at $7.3, DOT initiated a fresh drop on Monday and continued its bearish impulsive movement on […]
XRP Ledger’s lead developer, Wietse Wind, reveals game-changing strategy to rival Ethereum’s dominance in crypto space
Crispmind Set to Revolutionize Cryptocurrency Spending with Tectum Emission Token Listing on Travala. Crispmind, a disruptive tech company renowned …