… cryptocurrency for that matter,” Balthazor said. Frustratingly, when courts have ruled on cryptocurrency, those courts tend not to be high enough …
Cryptocurrency analyst Kevin Svenson believes Bitcoin (BTC) remains in an upward trajectory despite the recent pullback. In a new video, Svenson tells his 76,100 YouTube subscribers that as long as Bitcoin holds the mid to high $50,000 range as support a broader parabolic trend remains intact. “According to the textbook diagram, there’s no reason for […]
Cryptocurrency analyst Benjamin Cowen is expressing bearish sentiment on Ethereum (ETH) relative to Bitcoin (BTC) over the short to medium term. In a new video, Cowen tells his 799,000 YouTube subscribers that the Ethereum/Bitcoin (ETH/BTC) pair has further room to fall. “My base case at this point in time is that Ethereum/Bitcoin bottoms this summer, […]
[PRESS RELEASE – Vancouver, Canada, April 18th, 2024] ceτi AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce its acquisition of Canadian company Big Energy Investments Inc., a firm specializing in strategic investment in high-performance computing infrastructure. This acquisition marks a significant first step in ceτi AI’s strategy to advance the development […]
Worldcoin is set to introduce a new blockchain called “World Chain,” which is designed to give precedence to human users over bots, purportedly enhancing both utility and accessibility. The Worldcoin Foundation stated that this platform will be deeply integrated with the Worldcoin protocol, employing the World ID’s proof of personhood to promote a user-centric approach […]
Analyst Ali Martinez highlights crucial support levels between $2,000 and $2,430 and discusses potential implications for Ethereum
Binance is considering re-entering the Indian market after paying a $2 million penalty to local authorities, according to a report from The Economic Times published today (Thursday). The cryptocurrency exchange was ousted from the country last January for failing to comply with local laws. India: A Lucrative Market for Crypto Exchanges The report emerged just […]
BlockDAG Presale Success and Moon Video Teaser Dwarfs Green Bitcoin Listing on Uniswap, Signals 30,000x ROI Potential The introduction of Green Bitcoin on Uniswap marked an intriguing development in the cryptocurrency world. Yet, BlockDAG’s presale is capturing the market’s attention. Driven by the unveiling of its technical whitepaper, BlockDAG has emerged as a frontrunner, promising […]
XRP could continue a price correction in the short term as recent price action has put it rebounding against a resistance level of $0.5. On-chain data has also revealed a row of transactions from whales of the cryptocurrency in the past 24 hours, but are they bullish or bearish on XRP? These large transactions have […]
A new Layer 2 solution, Omni Network, plans to introduce interoperability among Ethereum rollups. The project recently launched on the world’s two biggest crypto exchanges – Binance and Coinbase. The token launch didn’t go according to plan, with poor market conditions and confusion among investors leading to a 35% drop in less than 12 hours. […]
Cryptocurrency trader Ali Martinez is highlighting a key resistance level which, if broken, could see Bitcoin (BTC) hitting a new all-time high. Martinez tells his 58,900 followers on the social media platform X that Bitcoin could soar by up to 36% from the current level if BTC manages to climb above a key resistance level. […]
Discover the meaning of XBTO and its significant impact on cryptocurrency trading and investment strategies in 2024.
This article is written in partnership with Unchained, the official US Collaborative Custody Partner of Bitcoin Magazine and integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. Bitcoin tumbled below $60,000 over the weekend, fueled […]
TL;DR Despite a recent dip, VeChain (VET) has seen a nearly 60% increase in its value year-over-year, with speculation about reaching new highs soon. Analyst predictions are varied, with some expecting short-term rises to $0.06, while others envision a whopping 2,500% rally to $1. VET Price Gearing up for a Peak? Despite plunging significantly in […]
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top NFT marketplace by trading volume, dethroning Blur for the first time since […]
Korean won was in lead by trading volume in first quarter of 2024
Binance has announced that it has received a full virtual-asset services provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This development comes nearly a year after Binance entered the third stage of Dubai’s four-stage regulatory process. Binance’s Dubai Unit Expands Services According to a VARA filing, Binance’s local unit, Binance FZE, secured an […]
In a recent report published by QuickNode, the first quarter of 2024 showed the dominance of decentralized finance (DeFi) and the notable growth of Web3 gaming in the crypto industry, which outperformed the stablecoin sector in key metrics, indicating investor preference and market sentiment during this period. Hopes For Second ‘DeFi Summer’ Per the report, […]
April 17, 2024 – Chicago, United States Liquid Mercury, a leading crypto trading technology provider, announced today that it is providing a RFQ (request for quote) platform to GFO-X, the UK’s first regulated and centrally cleared trading venue dedicated to digital assets derivatives. Institutional traders will be able to source deep liquidity for trading listed […]
TL;DR According to Bitwise Asset Management, the halving event tends to be underestimated in terms of its long-term impact. While the month following previous halvings has always been modest, the following year has seen notable gains, such as the 8,839% increase after the 2012 halving. Markus Thielen warns of a possible post-halving miner sell-off, while […]
TL;DR Core Chain, a Bitcoin-powered layer-one blockchain, has introduced non-custodial BTC staking, marking the first time in history that Bitcoin has become a yield-earning asset. This is made possible by Core Chain’s unique consensus mechanism, Satoshi Plus, which combines Delegated Proof of Work (DPoW) and Delegated Proof of Stake (DPoS). The new advancement boosts the Ethereum […]
BlockDAG’s Moon-Based Keynote Teaser Propels $17.8M Presale, Soars Past Sponge V2 and XRP Price Surge BlockDAG is taking the cryptocurrency world by storm, distinguishing itself from competitors like Sponge V2 and XRP with a groundbreaking moon-based keynote teaser. This innovative marketing strategy has catapulted BlockDAG into the spotlight, driving its presale earnings to an impressive […]
Bitcoin halving is days away. How will the markets react in the coming days? Looking at the big picture, and why I think we are just getting started. Altcoin Analysis – ETH, SOL. Another week passes without us seeing crypto markets move to show any serious signs of resuming the uptrend we’ve all been accustomed […]
As Bitcoin's halving nears and Altseason looms, the cryptocurrency market enters a pivotal phase. Data suggests Bitcoin is poised for post-halving …
In the whirlwind of April 2024, with Bitcoin ETFs dominating headlines and halving celebration planning in full swing, the Bitcoin Policy Summit emerged as a pivotal moment for policymakers, industry leaders, and human rights champions. Against the backdrop of global discussions on Bitcoin regulation—and coinciding with a solar eclipse—the summit aimed to be a beacon […]
The X account of famous actor Tom Holland, which has over 7 million followers, was recently hacked. The attackers used his platform to promote a fake cryptocurrency and NFT scheme. Fake ‘Spiderverse’ Partnership with Binance The compromised account was used to announce a partnership with the global crypto exchange Binance, supposedly launching “Spiderverse” tokens. A […]
The excitement surrounding the upcoming Bitcoin halving has led to a significant increase in Google searches for “Bitcoin halving,” with interest reaching its highest point ever, more than double that of the last halving event in 2020, and is predicted to hit peak popularity. The halving event, which reduces the rewards miners receive by half, […]
Bitcoin might not be as straightforward and predictable as it may seem
The crypto exchange OKX has launched the public mainnet of its new Ethereum (ETH) layer-2 (L2) network. The L2, called “X Layer,” onboarded more than 200 decentralized apps (DApps) during its testnet stage, according to a new announcement from the exchange. OKX says the network’s DApps include roughly 40 decentralized finance (DeFi) projects, 12 infrastructure […]
Two leading crypto exchanges are adding support for a newly launched Ethereum (ETH)-based altcoin project. In an announcement via the social media platform X, top US crypto exchange Coinbase says it’s adding Omni Network (OMNI) to its trading platform. The Omni Network aims to integrate Ethereum’s rollup ecosystem into a single, unified network. Says Coinbase, […]
Arbitrum, the largest Ethereum layer-2 scaling solution by total value locked (TVL), is taking steps towards decentralization. In an update on April 16, Offchain Labs–Arbitrum developers–said they have deployed the permissionless version of their fraud proofs, dubbed Bounded Liquidity Delay (BOLD), to testnet. Ethereum Layer-2s Are Popular, But There Is A Big Problem Ethereum layer-2 […]
TL;DR The upcoming Bitcoin halving will reduce block rewards from 6.25 BTC to 3.125 BTC. Historically, halvings have resulted in significant price increases over the following 12 months. The growing influence of BTC ETFs is changing market dynamics and may mitigate the impact of the halving on prices. The upcoming Bitcoin (BTC) halving will reduce […]