Banks are increasingly investing in Bitcoin through US-listed Spot ETFs. Recent SEC filings reveal investments by major banks including BNP Paribas and UBS, indicating growing institutional interest. Despite scepticism about crypto’s stability, banks hold significant positions in Bitcoin ETFs like iBIT and Grayscale. Banks are increasingly moving to adopt Bitcoin, and many do so via […]
Brazil’s GDP of US$1.92 trillion and a population of 218 million make it Latin America’s largest economy with growing crypto integration. Crypto usage among Brazilians is increasing, with trading volumes rising faster than in the United States. Brazilians show a strong preference for stablecoins, seeking USD stability amid local currency fluctuations. With a population of […]
BlockDAG Captures London’s Piccadilly Circus, Triggers $25.3M Presale, Challenging Injective Price Prediction & Avalanche Growth Making a spectacular appearance at London’s iconic Piccadilly Circus, BlockDAG‘s global presence signalled a burgeoning wave of interest and excitement across the crypto landscape. This pivotal event showcased BlockDAG’s impressive reach and its potential to rival the anticipated bullish trends […]
The movement of stolen cryptocurrency from the Poloniex hack in November 2023 is far from over. Although Poloniex claimed to have identified the attacker weeks later and offered a $10 million reward, the stolen funds were never returned. In the latest development, PeckShield, a blockchain investigation company, found that more than half of the stolen […]
A closely followed crypto strategist believes that astronomical gains are on the horizon for an altcoin initially built on the Ethereum (ETH) blockchain. Analyst Ali Martinez tells his 62,100 followers on the social media platform X that the native asset of a supply-chain management project VeChain (VET) appears to be mirroring its previous cycle’s market […]
400k Linux Servers Hacked to Mine Cryptocurrency … A new report from cybersecurity researchers at ESET has uncovered a massive botnet comprised of …
According to the candlestick arrangement in the daily chart, Bitcoin is moving inside a range. BTC is also down roughly 20% from the all-time high at spot rates. Though the series of lower lows posted in the past few trading days is bearish, one analyst is upbeat, expecting an encouraging recovery in the sessions ahead. This […]
This technical event occurs against backdrop of market uncertainty, adding to speculation about ADA price action
Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
After a record-breaking March driven by equally impressive Bitcoin (BTC) performance, spot volumes on the top 10 cryptocurrency exchanges dropped by more than 60% in April. According to a benchmark by Finance Magnates Intelligence, their trading volume fell from $2.1 trillion in March to just under $1.3 trillion in April. Cryptocurrency Exchange Volumes Plummet Post-Bitcoin […]
The following is an excerpt on the debasement of marriage from “Fiat Ruins Everything” by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. LOVE HAS BEEN debased. In the past, love referred to the virtues present in enduring, intimate relationships. It demanded sacrifice, discipline, and patience. […]
On Tuesday, shares of Gamestock and AMC Entertainment Holdings continued to soar, fueled by retail investors following the reappearance of Keith Gill’s online persona, ‘Roaring Kitty.’ This upward momentum also spilled over into the cryptocurrency market, with meme coins like roaring kitty (ROAR) jumping 175% and the wall street bets token rising 1,121% against the […]
An altcoin inspired by the Gamestop (GME) short-squeeze frenzy of 2021 has exploded over 2,000% after the movement’s leader made an internet appearance for the first time in nearly three years. Keith Gill, who pseudonymously goes as “Roaring Kitty” on the social media platform X, posted a gamer meme early on Monday, and has since […]
Digital assets manager CoinShares says institutions resumed investing in crypto products last week after a five-week break. In its latest Digital Asset Fund Flows report, CoinShares finds that digital asset investment products brought in $130 million in inflows last week after four weeks of outflows. “Digital asset investment products saw inflows for the first time in five […]
TL;DR CoinGate has integrated the Solana network into its payment gateway, allowing transactions in SOL and USDC. Merchants using the platform can now accept payments in SOL and USDC through the Solana network. The integration of Solana reflects the company’s commitment to adapt to the changing needs of the crypto community and offer broader payment […]
TL;DR A prominent Bybit trader accuses the Worldcoin team of system manipulation and predatory practices in their tokenomics. It is noted that Worldcoin could experience significant inflation due to unlocks and token issuances. The trader warns of possible risks for investors due to the massive sale of tokens and the disconnection of the project with […]
Tether’s CEO accused Ripple’s CEO, Brad Garlinghouse, of “spreading fear” about Tether’s USDt stablecoin during his recent appearance on a podcast. Garlinghouse says his intention wasn’t to criticise Tether, but to draw attention to what he believes is the US government’s crackdown on USD-backed stablecoins. This comes as Ripple prepares to launch its own native […]
1,000 BTC spread among two wallets has been liquidated following more than a decade of inactivity. The Bitcoin was initially transferred to the two wallets in 2013, when the price of the coin was under US$150. There’s been no public announcement of a big company liquidating assets, which has led the community to believe someone […]
Top 5 Crypto Presales of 2024 that Are Poised for High Returns – Invest Early for Maximum Gains Are you eager to uncover the top investment prospects in the cryptocurrency arena this year? As we explore the cryptocurrency market in 2024, investors are constantly on the search for lucrative crypto ventures that promise substantial returns. […]
[PRESS RELEASE – SINGAPORE, SINGAPORE, May 14th, 2024] Vyvo Smart Chain, a HealthFi ecosystem that rewards health tracking through data monetization, today announced that Vyvo has received U.S. Food and Drug Administration (FDA) clearance for LifeWatch, the company’s innovative wearable device for health & wellness tracking. This achievement marks a significant leap forward in the […]
London, U.K., May 14, 2024 (GLOBE NEWSWIRE) — Cryptocurrency is a growing interest for the world's financial institutions and massive investment …
Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per […]
Pre-launch volatility underscores the critical role of liquidity in stabilizing markets, according to the report.
Bitcoin maximalist Mow responds to recent tweet by Tether’s Paolo Ardoino, here’s his take
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Paxos, a regulated blockchain and tokenization infrastructure platform, announced today the appointment of J. Christopher Giancarlo, former Chairman of the US Commodity Futures Trading Commission (CFTC), to its board of directors. Paxos Scores Regulatory Heavyweight from CFTC Giancarlo, a respected figure in the financial services industry and a passionate advocate for blockchain technology, brings decades […]
Conservatism, in the literal and not political sense, has always been a core part of the Bitcoin ecosystem. Satoshi himself was very cautious and thorough in his original design attempts, and developers since have tried to be very cautious and thorough in the development process after his departure. Numerous pieces of technology have been developed […]
A popular crypto strategist is naming two Ethereum (ETH) challengers that he thinks will rise faster than the rest of the market once conditions improve. Pseudonymous analyst The Crypto Dog tells his 776,800 followers on the social media platform X that he’s long-term bullish on Near (NEAR). According to the trader, NEAR has been one […]
Closely followed economist Henrik Zeberg is revealing his outlook for stocks and crypto for the coming months. The macro strategist tells his 139,600 followers on the social media platform X that he believes stocks and crypto are gearing up for big rallies that may endure until the end of the year. Zeberg points to two […]
On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an additional 100 megawatts (MW) of power from Paraguay’s state-owned utility firm, ANDE. The 100 MW is anticipated to double the capacity of the hydro-powered Yguazu site and should be fully operational by 2025. Bitfarms to […]
Ethereum price is attempting a recovery wave from the $2,865 support. ETH might start a fresh surge if it clears the $2,960 resistance zone. Ethereum remained stable and attempted a recovery wave above $2,900. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend […]
TL;DR An advanced methodology has been developed to identify seller exhaustion across different timeframes in he crypto market. The creation of the Breakdown Metrics tool was carried out by a team of professionals from UkuriaOC, CryptoVizArt, and Glassnode. It utilizes on-chain metrics to evaluate both unrealized and realized losses of investors, focusing on MVRV Ratios, […]