Cardano (ADA), the ninth-largest cryptocurrency in the market, has experienced a significant price breakout, reaching $0.710 on Thursday for the first time since May 2022. This marks a pivotal moment for ADA as it emerges from a prolonged consolidation phase encompassing the latter part of 2023 and the initial month of 2024. With the price […]
Leonidas, the pseudonymous founder of Ord.io, an ordinals explorer, has reported one of the biggest sales of inscriptions, the so-called Bitcoin native non-fungible tokens (NFTs), to date. Leonidas stated that the second inscription on the Bitcoin blockchain had been sold for 24.48 BTC (over $1.1 million), predicting that more sales will beat this record in […]
BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has reached $10 billion in assets under management (AUM) within seven weeks of its launch on January 11. The fund now holds over 162,000 Bitcoin, making it one of the few ETFs to surpass the $10 billion mark. Spot Bitcoin ETF Performance Nate Geraci, president of the ETF […]
Gemini Earn creditors set to get huge payout on planned 1:1 refund
Twenty-Four companies have applied for licenses to operate digital asset exchanges in Hong Kong, marking a move in the city’s bid to establish a regulated hub for the industry. Notable applicants include Bybit, OKX, and Crypto.com. Hong Kong’s Bid to Become a Crypto Hub Among the list of applicants were Gate.io, HTX, and Bullish, each […]
A popular analyst is urging crypto traders to proceed with caution amid a shift in Bitcoin (BTC) whale behavior. Using data from the crypto analytics firm Santiment, Ali Martinez tells his 48,700 followers on the social media platform X that there has been a sudden, significant spike in profit-taking among BTC whales. “Over the past […]
A server overload on the popular crypto exchange Coinbase has caused a major bug in user’s accounts. Customers were logging in to view their wallet balances as “zero”, causing a wave of panic across the community. Luckily, Coinbase and CEO Brian Armstrong assured everyone that assets were safe despite the mishap, and it appears everything […]
Anthony “Pomp” Pompliano noted a significant imbalance between demand and supply driving up Bitcoin’s price. Pomp noted the current investment trend in Bitcoin is sustained by hundreds of millions in daily inflows into Spot Bitcoin ETFs, outstripping the daily supply. With prominent investors turning to Bitcoin amidst cash debasement and government debts, Bitcoin is seen […]
Bitcoin surged past the $61,000 mark today, edging closer to a new all-time high as spot Bitcoin ETF inflows and investor enthusiasm continues to drive up prices. The milestone comes amid increasing interest in the Bitcoin market and growing adoption by institutional investors. JUST IN: $61,000 #Bitcoin 💥🚀 pic.twitter.com/gMLqQ7inTf — Bitcoin Magazine (@BitcoinMagazine) February 28, […]
TL;DR Blast is an Ethereum layer-2 network that offers up to 5% yield on ETH and stablecoins, and uses optimistic rollups to scale transactions. Blast launched its mainnet on Feb. 29, unlocking $2.3 billion in staked crypto, but faced criticism from Paradigm’s research head for delaying withdrawals and hyping the project. Blast’s TVL dropped by […]
Gemini Trust, a prominent cryptocurrency exchange established by Cameron and Tyler Winklevoss, has agreed to refund a staggering $1.1 billion to …
Bitcoin price is correcting gains from the $64,000 resistance. BTC might find strong support near the $59,250 level or the 100 hourly SMA. Bitcoin price is correcting gains below the $62,250 resistance zone. The price is trading above $60,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend […]
Ethereum’s recent ascent to $3,483 marks a significant milestone, bringing it within 39.5% of its all-time high of $4,859 recorded on November 10, 2021. Today, the cryptocurrency registered a gain of over 4%, reflecting the bullish sentiment surrounding the digital asset. #Bitcoin has now climbed as high as $64.1K before a mid-sized retracement down to […]
Do Kwon, the embattled former CEO of Terraform Labs, is currently stranded in Montenegro due to extradition delays, following accusations by the U.S. Securities and Exchange Commission (SEC) of conducting a massive fraudulent crypto scheme. Last year, the SEC charged that from April 2018 to May 2022, Terraform and Kwon’s operations resulted in at least […]
A widely followed cryptocurrency analyst and trader is forecasting the path forward for three crypto assets. Starting with the Ethereum (ETH) competitor Avalanche (AVAX), the analyst pseudonymously known as Kaleo tells his 622,700 followers on the social media platform X that the native token of the layer-1 blockchain could go up by approximately 134% from […]
TL;DR Pepe Coin (PEPE) has experienced rapid growth, becoming a top performer in the meme coin market and challenging its competitors with a significant increase in value. Surpassing Shiba Inu’s market cap could be possible for PEPE with strategies like expanding its community, securing partnerships, and capitalizing on market trends. PEPE’s Chances Pepe Coin (PEPE) […]
Staggering amount of DOGE meme coins transferred to Binance as price staged massive increase
Marathon yesterday announced their Anduro layer two proposal. While there aren’t really any fundamentally new pieces or developments in the Anduro design, they do compose in slightly different ways compared to other existing sidechain systems such as RSK or Liquid/Elements. Anduro is a federated model that makes use of a quorum, referred to as the […]
Retail investors are still wary of the crypto industry despite Bitcoin’s return to relevance. Institutional players are largely behind the current market rally, as ETF inflows break records. Several key social metrics are lagging behind 2021 highs, including YouTube views and Google Trends. Some analysts believe the money locked up in crypto ETFs means that […]
Spot Bitcoin ETFs are seeing significant inflows, with Bitcoin price reaching new highs in several countries. The brokerage divisions of Bank of America Corp. (specifically its Merrill subsidiary) and Wells Fargo & Co. are now providing their clients with access to Bitcoin ETFs. In Brazil, BlackRock’s iShares Bitcoin Trust ETF is set to launch, marking […]
The bitcoin ETF boom is the cryptocurrency's "IPO moment," Bitwise CIO Matt Hougan said. "It's in a new era of price discovery, and I think prices …
Ethereum price climbed to a new multi-month high above $3,500. ETH is correcting gains like Bitcoin and might find strong bids near the $3,250 zone. Ethereum extended its increase above the $3,500 resistance zone. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with […]
TL;DR The recent transfer of nearly $1 billion in Bitcoin confiscated by the United States government from the Bitfinex hacking case has caught the attention of the crypto world. Controversy over cryptocurrency mixers. The government is considering implementing stricter regulations. Ilya Lichtenstein, one of the hackers involved in the Bitfinex case, is cooperating as a […]
TL;DR Marathon Digital Holdings has launched Anduro, a new multi-chain layer-two network on Bitcoin, aimed at enhancing functionality and promoting wider adoption. Anduro is designed to function as an application layer, reinforcing the fundamental incentives of Bitcoin’s Proof-of-Work. It enables the establishment of multiple sidechains, fostering innovation within the Bitcoin ecosystem. Marathon is developing the […]
Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval, signifies a major victory for users, with over $1.8 billion in assets set to be returned. Potential Full Crypto Asset Recovery for […]
Sam Bankman-Fried’s legal team is seeking a lighter-than-recommended sentence for the convicted founder of the bankrupt crypto exchange platform FTX. In a new court filing, Bankman-Fried’s lawyers say they disagree with the Presentence Investigation Report (PSR) recommendation that the former executive should be sentenced to 100 years behind bars. The PSR – which is prepared […]
Investor Brian Kelly warns Bitcoin (BTC) may soon suffer a significant market correction after soaring into the $60,000 range. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says Bitcoin could decline to around $43,000, a 30% drop from its current value. “This is an asset that […]
The price of Bonk has experienced a remarkable surge, increasing by 55% within a 24-hour period, reaching a notable value of $0.00002431 at press time. This surge in price coincides with a significant uptick in trade volume, which soared to $985 million over the same 24-hour period, marking an impressive 83% increase in trading activity. […]
Marathon Digital Holdings has released its financial results for the fourth quarter and fiscal year 2023, highlighting impressive performance in revenue, net income, and BTC production. During the fourth quarter of 2023, Marathon Digital reported an increase of 452% in revenue compared to the same period in 2022. The company sold 56% of the Bitcoins […]