Pepe Coin (PEPE) and JetBolt (JBOLT) are making headlines as the crypto market heats up this December. Predictions suggest PEPE could reach $0.00006594 by year-end, reigniting interest in meme coins. Meanwhile, JetBolt continues to impress with its Zero-Gas Technology, eliminating transaction fees and drawing whales and reaching over 150 million tokens sold. With disruptive features […]
In a strategic shift from its stance on digital currency, Iran has decided to regulate the crypto industry instead of restricting it. The decision was announced by the Minister of Economic Affairs and Finance Abdolnaser Hemmati at a national event in Tehran, where he said that they aim to minimize the risks associated with crypto […]
Digital assets manager CoinShares says institutional investors poured a record $3.85 billion into crypto investment vehicles last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a record in net inflows that brought yearly flows to $41 billion last week, also a new record. “Digital asset investment products […]
Bitcoin witnessed its first-ever daily close above $100,000 over the weekend, and one popular analyst believes that BTC is in the early stages of a parabolic upside burst. The pseudonymous trader known as Rekt Capital tells 519,900 followers on the social media platform X that Bitcoin tends to undergo steep rallies after entering bull territory. According […]
Can traders expect increased volatility from Bitcoin (BTC) by end of week?
MicroStrategy has added another US $2.1b to their Bitcoin portfolio. The company has now purchased BTC on five consecutive Mondays, bringing their holdings to over 420k BTC, worth over US $40b. The company’s average buy price has risen to nearly US $60k, with plans to raise US $42b by 2027 to continue their buying frenzy. […]
Rob Hadick from Dragonfly and David Pakman from CoinFund expressed skepticism about crypto projects competing with major AI players like OpenAI, Meta, and Microsoft. The panelists agreed decentralised AI systems lack practicality and scalability in the near term, with limited potential to challenge centralised giants during this market cycle. Speaking at The Block’s Emergence conference […]
XRP’s 7-day loss reached 14%, while Cardano’s ADA led the top ten coins with a 19% negative price movement. XRP and ADA Record Double-Digit Weekly Losses On Tuesday, Dec. 10, XRP briefly dropped to $2.14, an almost 20% plunge from its Monday peak of $2.61. The decline mirrored a broader market correction, as bitcoin (BTC) […]
Zodia Markets, backed by Standard Chartered, has received a new operational licence from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This allows the platform to operate as a crypto brokerage. Announced today (Tuesday), the Financial Services Permission (FSP) has been granted to the locally formed Zodia Markets (AME) Limited. Targeting […]
Before buying cryptocurrency such as Bitcoin, make sure you keep these rules in mind.
Eric Trump predicted governments and institutions will adopt Bitcoin, highlighting that the early movers are set to win.
A top trader known for making timely altcoin predictions says one Dogecoin (DOGE) challenger is primed for a parabolic surge. Pseudonymous analyst Bluntz tells his 304,300 followers on the social media platform X that the time for vertical Shiba Inu (SHIB) rallies is coming. The trader shares a chart suggesting that SHIB may be close […]
Economist Alex Krüger says Bitcoin (BTC) is likely in the midst of a supercycle with a local top still several months away. The trader tells his 192,500 followers on the social media platform X that Bitcoin’s fundamentals are now different than prior cycles due to expected changes in the regulatory landscape. He suggests the election […]
TL;DR Digital assets investment products recorded a historic $3.85 billion in inflows last week, highlighting growing institutional interest and pushing YTD totals to $41 billion. Ethereum saw its highest-ever weekly inflows of $1.2 billion, reflecting increasing confidence among institutional investors in its long-term potential. In contrast, Solana experienced significant outflows of $14 million, while Bitcoin […]
Hedera’s native cryptocurrency, HBAR, has garnered the interest of investors and cryptocurrency aficionados due to its remarkable recent performance and increasing prominence in the blockchain sector. Hedera’s HBAR token, supported by major technology companies like Google, IBM, and Boeing, has the potential to revolutionize decentralized finance. In the preceding month, HBAR has ascended by 430%, […]
The recent bullish sentiment shift in the crypto market and the decreased regulatory pressure on Ripple gave rise to an enormous XRP price rally. This has also led to increased demand for a new altcoin, which experts suggest has the potential to outshine the tremendous returns provided by the XRP price surge. Let’s examine this […]
MicroStrategy now holds 423,650 Bitcoins
Key Takeaways: FSOC Flags Stablecoins as “Potential Risk” to Financial Stability. High market concentration and lack of appropriate regulatory frameworks are critical challenges. Urges comprehensive federal regulation of stablecoins due to their systemic risks. Stablecoin Market is Highly Concentrated In recent years, the U.S. Financial Stability Oversight Council (FSOC) has identified that the market for […]
BitGo, a crypto custodian offering various Bitcoin staking options, now allows institutional clients to secure extra BTC rewards with Core’s dual staking model.
A widely-followed analyst known for applying the stock-to-flow model (S2F) to Bitcoin is unveiling his price target for BTC this month. In a new interview with trader Scott Melker, pseudonymous analyst PlanB says that Bitcoin could surge to as high as $150,000 in December, a more than 53% gain from its current value. “It’s almost […]
Peter Schiff labelled Bitcoin a “threat to national security”, accusing it of being used to bribe government officials and misuse public funds. Despite his warnings, Bitcoin’s adoption and price growth continued to defy his predictions, including his claim that BTC would never reach US$100K. Nate Geraci and Erik Voorhees humorously criticised Schiff’s remarks, highlighting the […]
Since Election Day, bitcoin exchange-traded funds (ETFs) have garnered the attention of Wall Street investors who seem convinced that President-elect Donald Trump will be able to bring regulatory clarity to push the bitcoin industry to new heights. The companies offering these investment tools have registered inflows of close to $10 billion since November 5, boosting […]
The Australian Securities and Investments Commission (ASIC) has released updated guidelines for financial services firms that hold client assets, introducing new requirements for cryptocurrency custody and strengthening oversight of asset holders. ASIC Updates Asset Holding Guidelines The revamped Regulatory Guide 133 (RG 133), published today (Tuesday), marks the first major update since June 2022 and […]
Today, the cryptocurrency market witnessed a sharp price decline, with Bitcoin (BTC) price trading below $95,000. Major altcoins like Ethereum …
Since Donald Trump became president-elect a little more than a month ago, roughly $10 billion has flooded into US spot Bitcoin ETFs, showing growing optimism that his administration will support the cryptocurrency industry. According to Bloomberg, a dozen funds from big issuers including BlackRock and Fidelity Investments have received around $9.9 billion in net inflows […]
Mahe, Seychelles, December 9th, 2024, Chainwire iYield provides users with a free and secure platform for tracking cryptocurrency cryptocurrency, DeFi, and traditional finances. iYield was founded by Gentleman James, a crypto native and experienced DeFi investor. Driven by his need for a better way to manage and track his crypto, including DeFi yields, and frustrated […]
Could Google’s quantum chip pose a threat to Bitcoin?
Abdu Rozik told Cointelegraph at Bitcoin MENA in Abu Dhabi that celebrities should have good intentions when entering crypto.
The U.S. Treasury Department is acknowledging the benefits of asset tokenization and comparing Bitcoin (BTC) to gold. In a new report, the Treasury Department calls the top crypto by market cap a store-of-value asset boosted by speculators. “The use case of digital assets continues to evolve, but interest has proceeded along two main tracks. Primary […]
Digital assets markets started off the week in the red after Bitcoin (BTC) lost the $100,000 level and fell to $97,470, dragging most altcoins into corrections as well. According to crypto data aggregator CoinGlass, there have been over $567 million in liquidations in the last 24 hours, most of them leveraged long positions in Bitcoin. […]
Meme coins are no longer just a passing trend—they’ve become a powerhouse in the crypto world, blending humour with serious investment potential. Recently, Baby DogeCoin (BABYDOGE) made waves after a bullish surge triggered by an Elon Musk tweet, and SPX6900 (SPX) has kept traders on their toes with its unpredictable yet exciting market performance. But […]
TL;DR Bitcoin dropped from $100K to $94,300 before recovering to $96,800. Despite MicroStrategy’s major BTC purchase, $1.4 billion was liquidated across the market. Ripple’s XRP slumped below $2 at one point, but analysts remain bullish. Some predict a market cap rise to $270 billion. Shiba Inu plunged 25% despite Shibarium reaching 2M wallets and a […]