Most investors who bought memecoins Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) continue to stay in profit despite a correction sweeping the crypto market, according to analytics firm IntoTheBlock. Following Bitcoin’s (BTC) correction from $72,750 to a low of $61,079 last week, data from IntoTheBlock shows that 85% of DOGE holders are still in […]
Amidst broader market fluctuations, Ethena has surged by 10% today, offering a glimmer of optimism despite a 9% loss on the weekly chart. Spotonchain data reveals notable activity from Whale 0x886, who recently executed significant transactions involving ENA (Ethena’s native token). The whale withdrew 6.954 million ENA ($7.99 million) from Binance at an average price […]
Bitcoin recovered a lot of ground yesterday and spiked to $67,000, but the landscape has changed once again in a bearish manner, and the asset plummeted hard today. Most altcoins have followed suit with massive price declines, led by SOL, TON, BCH, and others. Bitcoin’s Struggles Continue It’s safe to say that the past few […]
As the halving is set to occur between April 19-20, 2024, a substantial number of crypto enthusiasts are eagerly preparing for the Runes protocol. The concept of Runes was developed by the creator of Ordinals, Casey Rodarmor, and has been met with considerable enthusiasm since its announcement in September 2023. The following is a comprehensive […]
Cardano (ADA) strengthens its position on cryptocurrency market, adding over $1.7 billion to its market capitalization
TL;DR Tether announces a new non-custodial tokenization platform for total control of digital assets. It will focus on providing maximum security and compatibility with multiple blockchains. Tether will incorporate a tokenization tool for futures, options, and commodities. Tether, the issuer of USDT, has announced the launch of a non-custodial tokenization platform designed to offer users […]
TL;DR OKX, a leading cryptocurrency exchange, has listed two new memecoins, WIF (DogWifHat) and MEW (Cat in a Dog’s World), for spot trading, expanding its offerings, and catering to the growing interest in memecoins. Both WIF and MEW are based on the Solana blockchain, known for its high speed and low transaction costs, and are rapidly expanding with daily […]
In the midst of an ever-evolving landscape of finance, one actor is making waves not just on screen, but in the world of cryptocurrency.
Even with Bitcoin prices facing pressure from sellers, Willy Woo, an on-chain analyst, thinks the coin will reach new highs thanks to the launch of new Bitcoin exchange-traded funds (ETFs). In a post on X, Woo said the coin could soar to as high as $91,000 in a bear bottom but soar to as high as […]
February’s Solana outage led to concerns about network maturity and diversity, spurring a significant update in April. The v1.17.31 update, tested and rolled out to all validators, introduces technical enhancements to prevent future congestion. Despite earlier issues, Solana earned ‘Best Blockchain of 2024’ for its high usage, speed, and low fees, underscored by the recent […]
Ex-Goldman Sachs executive Raoul Pal says two crypto ecosystems are in the race to be the next big layer-ones in the current digital asset market cycle. In a new interview on Bankless, Pal says he’s been looking for what’s going to be the “Solana (SOL)” of the next bull market, or which crypto asset is […]
Whales on the Solana (SOL) blockchain are gobbling up memecoin discounts following a marketwide correction over the weekend, according to on-chain data. Blockchain tracking firm Lookonchain spotted two Solana whales that went in to accumulate sloth-themed Slerf (SLERF), Pepe the Frog-themed Book of Meme (BOME) and President Joe Biden-inspired Jeo Boden (BODEN) from crypto exchanges […]
The Nigerian government’s crackdown on cryptocurrency exchanges, including its targeting of Binance, has prompted some cryptocurrency firms to reconsider plans to either enter or further invest in the West African nation. A founder of a cryptocurrency exchange stated that the crackdown on Binance raises questions about the fundamental rule of law necessary for any society […]
BlackRock’s iShares Bitcoin ETF (IBIT) likely to expand its big inflow streak
BlockDAG’s Anticipated Daily Inflows Leap from $1M to $5M Amid Cardano Rally and Polkadot’s Expansion BlockDAG is making waves in the cryptocurrency scene as its daily inflows surge from $1 million to an impressive $5 million, buoyed by the broader market dynamics, including a Cardano rally and the expansion within the Polkadot ecosystem. As we […]
[PRESS RELEASE – Manama, Bahrain, April 16th, 2024] By joining forces with Aleph Zero, stc Bahrain aims to leverage cutting-edge solutions to enhance privacy, security, and decentralization in the digital realm. stc Bahrain, a world-class digital enabler, has announced its partnership with Aleph Zero, a privacy-enhancing Layer 1 blockchain, as part of its Web3 Launchpad program. […]
Chief Tax Information Officer Jackson Hewitt said you must report cryptocurrency gains to the IRS. Author: ktvb.com.
In celebration of the historic fourth Bitcoin halving and to ring in a new epoch in sound money, Bitcoin Magazine and Kraken are pleased to present the Bitcoin Halving Livestream. This event will bring together prominent voices in the Bitcoin space including Barstool CEO Dave Portnoy, Strike CEO Jack Mallers, Bitcoin Magazine Institutional Lead Dylan […]
Bitcoin price started another decline from the $67,000 zone. BTC is showing bearish signs and might soon revisit the $61,000 support zone. Bitcoin failed to clear the $67,000 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was a break below a rising channel with support at $64,900 […]
The largest federal bank in Germany, Landesbank Baden-Wurttemberg, is planning to offer cryptocurrency custody services in the second half of 2024, according to a new report. According to Bloomberg, Landesbank Baden-Württemberg is announcing a new partnership with Bitpanda to offer crypto custody services to institutional clients in the second half of 2024. According to the report, […]
TL;DR Exploitation of security at Grand Base results in losses of $1.7 million. The community is urged to avoid interacting with the affected contract and withdraw liquidity. Grand Base is collaborating with blockchain partners and analysts to recover funds and freeze accounts from hackers. In the recent news about the Grand Base asset tokenization platform, […]
Chainlink (LINK) is one of the crypto industry’s most active projects, with the decentralised Oracle network turning its attention to tokenisation and interoperability. The blockchain’s founder, Sergey Nazarov, spoke at the recent Web3 Festival in Hong Kong to highlight Chainlink’s current goals while keeping an eye on the future. Nazarov identified several key trends in […]
Over the weekend, Bitcoin faced a 13% correction but recovered over 6% by Monday, while prominent altcoins like AVAX, ADA, and DOT saw declines of more than 20%. NEO outperformed with a 35% weekly gain, benefiting from perceptions of Hong Kong as an emerging crypto hub, with analysts highlighting its and VeChain’s regional significance. Despite […]
Less than ten days remain until the most important event in the cryptocurrency sector: Bitcoin’s halving. This event is expected to have a major impact on the sector due to recent developments surrounding the leading digital asset. Some of these developments include the emergence of spot Bitcoin exchange-traded funds (ETFs) and the evolving regulations for […]
A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2 billion mark. The performance of these mining stocks has declined compared to their stronger start earlier this year, coinciding with the proximity of just 663 blocks remaining until the next reward halving. Impending Bitcoin Halving […]
Bitcoin not performing as expected by majority, unfortunately
A popular analyst says that last week’s marketwide correction has put altcoins in a position to see muted price action in the next few months. Pseudonymous analyst The Flow Horse tells his 211,300 followers on the social media platform X that he expects altcoins to trade sideways until July. According to the trader, the lack […]
Best Crypto Investment: Overview Of 2024’s Top Crypto Presales; BlockDAG’s 20,000X ROI Potential, NuggestRush, and Kelexo Within the buzzing world of crypto presales, BlockDAG (BDAG) has arrived in the city as a standout with its unparalleled 20,000x ROI potential, overshadowing other promising projects like NuggetRush (NUGX) and Kelexo (KLXO). This exceptional potential in BlockDAG is […]
Bitcoin (BTC) could be worth $91,000 at the bottom of the bear market and $650,000 at the top of the bull cycle upon the full deployment of the cryptocurrency’s exchange-traded funds (ETFs) in the coming years. According to a tweet by Bitcoin analyst Willy Woo, the digital asset can achieve these price targets if investors […]
… cryptocurrency. Jon and Carie Hallford, owners of Return To Nature Funeral Home in Colorado, already face more than 200 criminal charges connected …
The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders. With Bitcoin trading within a significant consolidation phase, as revealed by Rover, analysis suggests that over $3 billion in short positions could face liquidation should Bitcoin climb back to a […]
Norway plans to regulate cryptocurrency mining activities in the country by restricting data centers. Two government officials intend to propose a new law that will bring the data center industry under regulatory oversight for the first time in Norway. According to the media outlet VG, Norway’s Digitalization Minister Karianne Tung and Energy Minister Terje Aasland […]