TL;DR Peter Schiff predicts that MicroStrategy and BlackRock could be forced to sell their Bitcoin holdings. MicroStrategy holds about 226,500 BTC, while BlackRock’s IBIT ETF holds about 343,387 BTC. The sale of such large amounts of BTC could cause a significant drop in its price, similar to that seen when Germany sold a $3 billion […]
Bybit, one of the top cryptocurrency exchanges in terms of trading volume, announced yesterday (Thursday) that it will terminate its products and services for French nationals and residents. The exchange cited “recent regulatory developments” in the country behind its decision. Close-Only to Liquidation The official announcement detailed that the exchange will restrict the accounts of […]
The cryptocurrency market has been buzzing with notable movements among top altcoins, notably Litecoin (LTC), Injective (INJ), and the viral DTX Exchange (DTX). As Litecoin (LTC) shows signs of a slump and Injective (INJ) gains market attention with its Altaris upgrade, DTX Exchange is smashing all presale records with its current rally, selling 1 million […]
The AMF is giving firms registered under its current DASP rules ample time to transition, too.
In a crypto bull market like the one we find ourselves in, it can be difficult to discern which asset is best for your portfolio.
Notcoin has announced the launch of NOT Games, with Lost Dogs, The Way, being the first of the bunch. Players will embark on dog-themed quests and earn in-game tokens as rewards. They can also join communities and invite users to play and win. Lost Dogs marks the beginning of a different gameplay mechanic with new […]
Recently, a massive transaction shook the digital currency ecosystem. A prominent whale transferred 400 billion PEPE tokens—worth about $4.22 million—to Binance. Strategically timed among the general negative market mood, this move seems to be a deliberate one for partial profit booking. The whale’s behavior corresponds to the breach of a critical support level around $0.00001075, […]
Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians […]
Crypto market quite chaotic, with numerous assets falling
Ethereum derivatives metrics show increased activity, indicating higher interest but not necessarily a bullish trend.
Bitcoin’s recent price action has been a rollercoaster of highs and lows. However, even though bitcoin has set a new all-time high and had two years of a near-constant positive trajectory, we’re yet to see a consistent influx of retail investors. The potential for a surge in retail participation and the possibility of elevating the […]
MicroStrategy, the world’s largest public Bitcoin holder, has announced plans to raise up to $2 billion through the sale of its class A shares. The company made this revelation in a regulatory filing with the U.S. Securities and Exchange Commission on August 1. Details From the Filing MicroStrategy has not disclosed the specific timeline for […]
As technological advancements continue to reshape the financial landscape, the intersection of next-generation artificial intelligence (AI) and …
With six months remaining before the European MiCA Regulation’s provisions on crypto-asset services take effect, the Autorité des Marchés Financiers (AMF) has begun accepting applications for authorization to operate as a crypto-asset service provider. This authorization will be required from 1 July 2024. MiCA Regulation Requires Authorization The European MiCA Regulation will come into force […]
Popular on-chain analyst Willy Woo is predicting that Bitcoin (BTC) will ultimately hit a massive value for one key reason. Woo tells his 1.1 million followers on the social media platform X that Bitcoin could capture 3% of the total wealth assets and soar more than 975% from the current value. “Nobody knows what the […]
TL;DR The firm is authorizing its advisors to offer two bitcoin ETFs starting August 7, marking the first time a major Wall Street bank has taken this step. Only clients with a minimum net worth of $1.5 million and high risk tolerance will be able to invest in these ETFs. While Morgan Stanley is moving […]
A widely followed cryptocurrency analyst is issuing a warning on a leading memecoin while outlining the path forward for Ethereum (ETH) and XRP. The analyst pseudonymously known as Credible Crypto tells his 405,000 followers on the social media platform X that the memecoin Pepe (PEPE) has held up “quite well” amid a wider market downturn. […]
MOONHOP’s Community Strategy Fuels $1 Million Presale, Besting Book of Meme and Floki The crypto universe is bustling with meme coins, each competing for supremacy, unique appeal and promising massive returns. This article examines three captivating meme coins: Book of Meme (BOME), Floki (FLOKI), and MOONHOP (MHOP). These coins not only entice with their whimsical […]
PEPE, one of the top meme coins in the crypto space, is currently at a crucial point as it approaches its long-standing bullish trend line. As the price draws near the bullish trend line, a break below it could signal a major shift in market sentiment, triggering a price draw down to the $0.00000766 mark. […]
Source: https://finbold.com/ On July 31st, Telegram’s CEO introduced a series of exciting new features, including the Telegram Browser and Mini App Store. These updates aim to merge communication with digital experiences, bringing innovative functionalities to users. Among the new features, the Telegram Browser is a standout performer, offering a seamless integration of web browsing and […]
Lawyer and Chief Legal Officer at Variant fund, Jake Chervinsky, says the SEC’s request to amend its complaint against Binance does not signal that the regulator no longer regards Solana, or the other crypto mentioned in the case, to be unregistered securities. Chervinsky says the move is purely a “litigation tactic” on the SEC’s part […]
Active users of the Bitcoin.com Wallet app can now claim their VERSE tokens. Bitcoin.com, a pioneer in the cryptocurrency space since 2015, has announced that the initial airdrop of Bitcoin.com’s ecosystem token VERSE is now live. As approved by the results of a community-led proposal, active Ethereum users of the Bitcoin.com Wallet app are now […]
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The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.
Following the announcement on July 27th at the Bitcoin conference in Nashville, the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide” or BITCOIN Act of 2024, introduced by Senator Cynthia Lummis of Wyoming, seeks to firmly establish Bitcoin as a strategic asset in the United States’ financial arsenal. At its core, the Act proposes […]
The Federal Bureau of Investigation (FBI) warns the public of a fraudulent scheme in which scammers impersonate bank representatives, …
Marathon Digital Holdings (MARA) saw its shares drop by up to 8% in after-hours trading yesterday (Thursday). This decline followed the company’s announcement that its second-quarter revenue fell short of Wall Street expectations. Operational Issues Impact Revenue The company reported revenue of $145.1 million, missing the FactSet estimate of $157.9 million. Marathon attributed the revenue […]
A crypto trader and analyst is expressing an overall bullish outlook on Dogecoin (DOGE) as the memecoin consolidates. Pseudonymous analyst Altcoin Sherpa tells his 11,300 YouTube subscribers that DOGE could eventually break out and soar to as high as $0.50. However, the analyst warns that DOGE has a relatively large market cap that could limit […]
A widely followed cryptocurrency trader and analyst is expressing bearish sentiment on the broader digital assets market. The trader pseudonymously known as Bluntz tells his 266,600 followers on the social media platform X that the crypto assets space is likely to experience a “minimum two weeks of broader market downturn.” The widely followed trader also […]
The decentralized finance (DeFi) sector is witnessing a resurgence, marked by growth in key metrics such as active loans and total value locked (TVL) from their 2023 lows. DeFi lending, an important component that enables investors to lend their crypto holdings in exchange for interest, is an indicator of DeFi participation and overall market health. […]
Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders. Cardano Matches Ethereum In Large Transaction Volume Data from the market intelligence platform IntoTheBlock shows that Cardano is witnessing […]
Ether ETFs posted a net inflow of $26.7 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.