Can this week’s $13.6 billion Bitcoin options expiry trigger a BTC price rally to $100,000 and beyond?
TL;DR The stablecoin market capitalization reached $190 billion in 2024, growing 46% and surpassing pre-TerraUSD collapse levels. Tether leads the market with $133 billion in circulation, while expanding USDT usage in traditional sectors like commodities. Moves such as Stripe’s acquisition of Bridge and PayPal’s entry into the market highlight the growing acceptance of stablecoins in […]
TL;DR Cryptocurrency gains are enabling low-income households to access larger mortgages, particularly in areas with high exposure to crypto assets. Between 2020 and 2024, the average mortgage balance in these areas increased from $172,000 to $443,000, accompanied by higher debt levels in loans and credits. Although delinquency rates remain low, experts warn of future risks […]
Sen. Cynthia Lummis has proposed acquiring 1 million Bitcoins over two decades without using taxpayer dollars, via gold revaluation.
Ethereum leads the market recovery with a 8% increase, surpassing prices not seen since May 2024 and trading at US$3,661. Though not yet surpassing its November 2021 peak of US$4,891, ETH shows strong performance with a year-on-year increase of 79%. The ETH/BTC trading pair has risen over 10% in five days, indicating a shifting market […]
Matt Hougan of Bitwise asserts that Bitcoin’s likelihood of dropping to zero is minimal due to investor confidence and reduced panic selling. Recent volatility has decreased with the emergence of ‘value buyers’, diminishing fears of Bitcoin crashing to zero. Despite an 8% price correction, Bitcoin’s robust recovery reaffirms its strong market presence, supported by major […]
XRP, Solana (SOL), Cardano (ADA), and young altcoin JetBolt (JBOLT) have emerged as the strongest contenders for the altcoins that will lead the 2024 bull run. XRP smashed the $1 mark and briefly peaked at $1.63 last week while Solana zoomed past its $260 all-time high (ATH) price during the same period. Cardano surged by […]
Economic data released in the United States on Wednesday has raised red flags as Core PCE inflation has increased to 2.8% for October. The Personal Consumption Expenditures report reflects the average amount of money consumers spend monthly and is used by central bank policymakers as their primary inflation gauge. “The Fed’s worst nightmare is officially […]
In an interview with Mario Nawfal, Jan van Eck, CEO of $118 billion global asset manager VanEck, offered an analysis of Bitcoin’s potential trajectory, the US fiscal deficit, and the broader financial markets. Contrary to some hyper-bullish forecasts, van Eck provided a more conservative price target for Bitcoin for this bull run. Van Eck stated, […]
A top crypto trader is extremely bullish on one Ethereum (ETH) rival. The pseudonymous analyst known as Bluntz tells his 300,000 followers on the social media platform X that “there’s a god candle loading” for the layer-1 blockchain project Near Protocol (NEAR). “USD pair has retested a major breakout and the BTC pair is just […]
A crypto analyst known for making accurate Bitcoin calls believes BTC still has yet to enter the most explosive phase of the market cycle. Pseudonymous analyst Dave the Wave tells his 147,300 followers on the social media platform X that Bitcoin remains on track to soar into the six figures despite its recent dip into […]
Dogecoin retail traders want in as price rebounds after sell-offs
SingularityNET and Mina Foundation joined forces to enhance decentralized AI using zero-knowledge proofs for secure, privacy-preserving innovations.
Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday. Between August 2020 and February 2021, Joseph conducted transactions, including a $25,000 cash-to-bitcoin exchange, for an undercover agent who claimed involvement […]
Steve Baker has become the latest politician to transition from public service to the cryptocurrency sector. After serving as Minister of State for Northern Ireland for two years and subsequently as Minister of State in the Cabinet Office for six months, he has now joined Axiom. Former UK Minister Steve Baker Takes Advisory Role at […]
Delhi News : Cryptocurrency के जरिए 300 करोड़ का फर्जीवाड़ा! Delhi Crime News | PYYPL | ED. 19 views · 1 hour ago #delhicrimenews #ed #cryptonews …more …
TL;DR Supra has officially launched its mainnet and token generation event (TGE), with its token available on exchanges such as ByBit, KuCoin, Gate, and MEXC. The launch is the result of months of preparation and collaboration with top-tier exchanges, along with years of work from a multidisciplinary team focused on innovation. Supra’s network offers performance […]
TL;DR Ripple has announced an investment in the rebranding of Bitwise Physical XRP ETP, which has boosted the price of XRP by 5.8%, reaching $1.45. The rise in XRP’s value reflects the growing interest of institutional investors in exchange-traded products (ETPs) related to cryptocurrencies. Bitwise continues its expansion in Europe after acquiring ETC Group, launching […]
Bitcoin (BTC) remains resilient, trading close to the $100,000 mark despite a recent correction that led to over $500 million in liquidations, predominantly from long positions. A recent report by Glassnode analyzes the cohorts driving the sell-side pressure during this ongoing bull run. Majority Of Sell-Side Pressure Coming From New Market Entrants According to Glassnode’s […]
With Donald Trump’s pro-crypto administration on the horizon, asset managers are gearing up for a surge in spot ETF applications. Analysts Eric Balchunas and James Seyffart predict the number of crypto ETF filings could triple by January. Recent applications include funds for Solana (SOL), a BTC/ETH combo, and a surprise Hedera (HBAR) filing from Canary […]
HodlX Guest Post Submit Your Post Telegram mini apps are rapidly changing how businesses interact with their customers, offering lightweight and easily accessible tools within the popular messaging platform.While the blockchain and cryptocurrency sectors have been early adopters, companies in various other industries are also recognizing the potential of mini apps to reach Telegram’s massive […]
Losing steam last weekend, Litecoin rolled back under the crucial $100 level and provided a small discount. However, it is climbing back amid the latest recovery as it sets to break out to a new high soon. Like many other altcoins, Litecoin recorded a notable gain in the past weeks following a key break above […]
Ethereum is finally moving independently from its big brother, Bitcoin, which has corrected over the past week. As a result, ETH prices hit $3,682 during early trading in Asia on Thursday, its highest level since June 10. This culminated in an 18% gain over the past week. Conversely, Bitcoin has declined by 2% over the […]
Bitcoin to $100,000? Today might be the day
Just hours after the U.S. election results were announced, I received messages from friends filled with striking assumptions. Some congratulated me, mockingly saying, “Congrats, your side won for Bitcoin.” Others expressed disapproval with remarks like, “It’s pathetic!” and “I’m shocked that Americans just voted for Hitler.” One friend said, “You were lucky to find safety […]
The latest Bitcoin price pullback toward $90,000 was likely a buy-the-dip opportunity and in line with previous bull markets, several key market metrics suggest.
The Public Utility Commission of Texas (PUCT) has adopted new regulations requiring cryptocurrency mining facilities, including the largest Wall Street Bitcoin miners, consuming over 75 megawatts of power to register with state authorities. This marks a significant step in monitoring the industry’s impact on the state’s power grid. Texas Mandates Registration for Large-Scale Crypto Mining […]
Databricks, a data and AI company, is reportedly raising $5 billion in its latest funding round, aiming for a total of $8 billion, which could be the largest this year. Prioritizing Growth Over IPO Databricks, a San Francisco-based data analytics and artificial intelligence (AI) company, is reportedly raising $5 billion in its latest funding round, […]
After Trump's victory, bitcoin and dogecoin (Elon Musk's favourite) are riding high. Here we go again, writes Damian Whitworth.
Crypto product firm 21Shares is launching new exchange-traded products (ETPs) centered around four prominent digital assets. In a new thread on the social media platform X, the world’s largest ETP provider says it is launching ETPs for oracle provider Pyth (PYTH), decentralized graphics processing protocol Render (RENDER), real-world assets-focused Ondo Finance (ONDO), and layer-one blockchain […]
An agency tasked with identifying and regulating global systemically important banks (G-SIBs) says JPMorgan Chase stands alone as the world’s most “too big to fail” financial institution. The Financial Stability Board’s (FSB) new list of critically important banks places JPMorgan Chase as the only bank in “bucket 4” – a distinction that forces the lender […]
Kraken’s NFT Marketplace Closure Kraken’s NFT marketplace, introduced in 2022, allowed users to buy, sell, and trade digital collectibles without gas fees for transactions. However, as of November 27, 2024, new listings and trades are disabled, and the trading platform will fully shut down by February 27, 2025. Kraken attributed this move to its intent […]