On-chain data shows the Bitcoin Puell Multiple is about to undergo a crossover that has historically been very bullish for BTC’s price. Bitcoin Puell Multiple Could Cross Its 365-Day MA In Near Future As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Puell Multiple has been approaching its 365-day moving average […]
TL;DR Bitcoin has reached a new all-time high, surpassing $94,000, driven by the debut of options trading on BlackRock’s iShares Bitcoin Trust (IBIT) ETF, reflecting increased demand and investor confidence. The launch of IBIT options saw $1.9 billion in notional exposure on its first day, with 354,000 contracts traded, mostly call options, indicating strong investor […]
Seychelles, Seychelles, November 20th, 2024, Chainwire BYDFi has announced the listing of two groundbreaking DeSci meme tokens, Rifampicin (RIF) and Urolithin A (URO), increasing its innovative token offering. Both tokens have demonstrated remarkable market performance, with RIF reaching an all-time high of $0.1679. About RIF and URO RIF and URO are essential components of the […]
The crypto market has entered a bull run, driven by optimism around pro-crypto policies and regulatory clarity expected in the United States. Matt Hougan of Bitwise highlighted that groundbreaking ideas in cryptocurrency are suddenly feasible, such as a US Bitcoin Reserve. Regulatory changes, including the likely departure of SEC Chair Gary Gensler, are reducing uncertainty […]
Brazil’s central bank has launched the second phase of its Drex CBDC pilot to improve cross-border agricultural trade and streamline supply chain operations. Chainlink is providing its Cross-Chain Interoperability Protocol (CCIP) for secure, cross-platform transactions, while Banco Inter is leading the platform’s implementation and Microsoft offers the cloud infrastructure. The pilot aims to modernise trade […]
The Gemini Foundation, a non-US derivatives platform operated by Gemini, has announced the addition of five new perpetual contracts to its trading platform, allowing users to trade BOME, GOAT, MEW, PNUT, and POL contracts with leverage of up to 100x. While these derivatives products are accessible in select jurisdictions worldwide, they are not available to […]
Mysterious Shiba Inu (SHIB) whale controlling $2.5 billion — 10% of the total supply — sparks speculation of ties to enigmatic meme cryptocurrency leader, Ryoshi
ADA is nearing the apex of its prevailing rising wedge pattern, which points to a potential breakdown toward $0.513 by the end of December.
The publicly listed Bitcoin (BTC) miner from Wall Street and London’s City, Argo Blockchain (NASDAQ: ARBK, LSE: ARB) reported a net loss of $6.3 million in the third quarter as the cryptocurrency mining company grappled with challenging market conditions and reduced mining margins. Wall Street Bitcoin Miner Argo’s Profits Vanish as Bitcoin Blues Bite Revenue […]
Popular crypto analyst Benjamin Cowen thinks the $100,000 Bitcoin price point could usher in a shift in focus from BTC to altcoins. Cowen notes in a new interview with David Lin that Bitcoin’s Fear and Greed Index, which tracks market sentiment over time with values ranging from 0 to 100, just surged past 90, which […]
Singapore MEXC, one of the world’s top cryptocurrency exchanges, has officially launched its much-anticipated Ferrari giveaway event, featuring the largest prize pool in the industry. With an impressive 10,000,000 USDT up for grabs, this event represents a major milestone for MEXC, reinforcing its commitment to delivering unmatched value and opportunities for its users. Participants will […]
Ripple’s native token emerged as the top performer in the past few weeks, surging from under $0.6 to a three-year peak of over $1.25. This means that the asset had finally awakened after Trump’s victory in the elections and caught up to the rest of the market. According to data from Santiment, this massive rally, […]
… cryptocurrency enthusiasts bought a cruise ship. They named it the Satoshi, and dreamed of starting a floating libertarian utopia. It didn't work …
Ethereum ($ETH) has recently experienced a notable price surge, yet retail investors are holding firm, signaling strong confidence in the cryptocurrency’s long-term growth prospects. Despite market fluctuations, low exchange inflows and a near-breakeven SOPR (Spent Output Profit Ratio) indicate that investors are choosing to hold onto their positions rather than sell. If Ethereum manages to […]
Onchain data service says there are five key indicators that may help investors determine if Bitcoin is nearing a local top. One of them is already flashing red.
Since November 5, the day President-elect Donald Trump secured another term in office, Bitcoin has experienced a remarkable uptrend, reaching a new all-time high of $93,300. Since then, BTC has been trading within a narrow range between $89,000 and $92,000, positioning for a potential move toward the $100,000 milestone. This raises an intriguing question whether […]
Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15 to March 15 annually through 2031. Deputy Energy Minister Yevgeny Grabchak confirmed the decision, which targets 13 regions, including Irkutsk, Buryatia, and Transbaikal, excluding Moscow. The extended enforcement periods were […]
Robert Kiyosaki now believes that Bitcoin could hit $13 million after saying that he would stop buying at $100,000 less than two weeks ago
Follow Nikolaus On X Here MicroStrategy’s corporate Bitcoin treasury strategy is taking off. Public companies are FOMO’ing into bitcoin. It’s almost as if Trump’s pro-Bitcoin stance is giving companies the green light to stack BTC. Yesterday alone, seven public companies announced that they have bought or plan to buy bitcoin for their treasury reserves, with […]
A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking. A California court ruled today that Lido DAO, which manages the Lido liquid staking protocol, is classified as a general partnership under California law, meaning its members could be held legally liable for […]
San Fransisco, USA, November 19th, 2024, Chainwire The Keanu (KNU) token, a new Solana-based meme coin inspired by cultural icon Keanu Reeves, has officially hit the market via a fair launch on Pump.fun. The release comes amid a surge in meme coin market activity, with the Keanu team positioning the project as a community-driven initiative leveraging […]
Gemini, a platform for crypto and Web3 services, has officially launched in France after registering as a Virtual Asset Service Provider (VASP) earlier this year. According to the firm, this move aligns with the its strategy to expand its presence in Europe, capitalizing on France’s growing crypto and Web3 market. French users can now access […]
Binance’s token BFUSD has already sparked speculation even before its launch. It all started with Binance’s introduction of the new asset on Monday which offers 19.55% APY, positioning itself as an alternative to conventional stablecoins. Not a Stablecoin, But a Reward-Bearing Asset According to the website, users can earn daily rewards simply by holding BFUSD […]
Bloomberg’s senior ETF analyst Eric Balchunas said that “$1.9 billion is unheard of for day one” as the debut day for options on BlackRock’s spot Bitcoin ETF saw huge volumes.
Quebec provincial police say two more people have been charged in connection with the killing of a cryptocurrency influencer. Kevin Mirshahi's …
As the cryptocurrency market gears up for an exhilarating bull run, excitement is building around the potential price movements of Dogecoin, Shiba Inu (SHIB) and WallitIQ (WLTQ). Investors are eagerly anticipating significant gains, with Dogecoin poised for a staggering 4,300% increase, Shiba Inu (SHIB) aiming to break through the $0.0001 barrier, and WallitIQ (WLTQ) set […]
Ethereum price struggled to extend gains above the $3,220 resistance zone. ETH is slowly moving lower and approaching the $3,060 support. Ethereum is consolidating and facing hurdles near $3,200. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,070 on the […]
A U.S. Space Force major aims to shape defense policy by advocating a national bitcoin reserve and highlighting proof-of-work technology’s role in strategic security. Jason Lowery Pushes for Bitcoin Strategy Role in National Security Council Jason Lowery, a major in the U.S. Space Force and a prominent advocate for bitcoin’s role in defense strategies, has […]
Market could be on verge of substantial recovery as things are slowly calming down
Stablecoins are often pitched as a stopgap method, or a friendly tool for people in the developing world who cannot handle the volatility of Bitcoin. They are framed as something complementary to Bitcoin, not in competition with it. Nothing could be further from the truth. Bitcoiners have commonly used the meme of a trojan horse […]
A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) may be gearing up for an explosive surge. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE has more upside potential based on the level of public interest relative to its current price level. He uses Google search […]
Italy’s lawmakers are opposing government plans to increase capital gains taxes and widen the scope of its crypto assets. The proposals, central to Prime Minister Giorgia Meloni’s 2024 budget, are being criticized for potentially stifling innovation and affecting smaller businesses. Push for Crypto Tax Compromise Economy Minister Giancarlo Giorgetti proposed raising cryptocurrency capital gains taxes […]