Cryptoquant’s chief executive has expressed optimism about the return of former Binance CEO Changpeng Zhao (CZ), believing it could lead to major market movements. “Bullish vibes everywhere,” he said, emphasizing that CZ “just needs to post ‘I’m back’ and the market will skyrocket.” Cryptoquant Founder Expects CZ’s Return to Spark Market Surge Ki Young Ju, […]
According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.
BlockDAG’s 50% Bonus Ahead of Rebrand Sparks Buying Frenzy – Bittensor & Ethereum in Focus The cryptocurrency arena is witnessing substantial wins, with major players like Bittensor (TAO), Ethereum (ETH), and BlockDAG capturing headlines. Over the past week, Bittensor has soared beyond the $560 resistance level, indicating a strong market presence. Concurrently, Ethereum has surpassed […]
Bitcoin’s price has broken post a key level recently and is seemingly targeting a new all-time high in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark. […]
TL;DR Network Activity Surge: Ethereum’s network activity has surged, with $250 billion in transactions settled last week, driven by DeFi and DEX adoption. Rising Fees: Transaction fees have climbed, with weekly revenue exceeding $30 million, indicating robust usage but raising cost concerns. Bullish Sentiment: Despite higher fees, investor sentiment remains bullish due to Ethereum’s deflationary […]
Russia and China’s desire to ditch the dollar is fueling the price of gold, according to the Bank of France. In a new report, the central bank notes the price of the precious metal has risen to new all-time highs despite global outflows in gold exchange-traded funds (ETFs) and risk aversion on the financial markets amid […]
Analytics firm Santiment thinks Bitcoin (BTC) looks ripe for a dip as traders begin to feel exuberance over the crypto king’s latest surge. The firm notes crowd sentiment has reached greedy levels after BTC’s price gains this week. “This typically coincides with upcoming local tops. They may happen today, this weekend, or in the upcoming […]
What can push XRP price to $1 amid weakened impact of ‘Golden Cross?’
Bitcoin (BTC) looks poised to record its best September in a decade, surging past $65,000. This uncharacteristic price appreciation could be attributed to several key factors. Reasons Behind Bitcoin’s Impressive September Gains Historically, September has consistently been the worst month for BTC in terms of price performance. However, the apex cryptocurrency is now on track […]
Turkey has officially decided not to proceed with a proposed tax targeting profits from stock trading and cryptocurrency transactions.
Tether said it aided in recovering the stolen crypto by freezing the scammers’ wallets, which the FBI then seized.
According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $12.37 billion year-to-date, exceeding the total crypto purchases of 2023. This indicates that exchanges and trading platforms are preparing to accommodate a large demand for […]
A Coinshares report has revealed that the role of Ethereum (ETH) in crypto is being shaped by two main pillars: marketplaces and stablecoins. However, while the network is making waves in these areas, the path forward for new applications remains unclear. Decentralized Exchanges Dominate The report, released on September 24, indicated that marketplace and stablecoins […]
A wallet suspected to be connected to @liping007, a notable early investor in $SHIB, recently added 22 ETH ($58.3K) and 148,562 $TERMINUS ($58.8K) to liquidity, signaling increased involvement in the memecoin. This same wallet achieved a staggering 1,720x return on $LEASH in 2021, turning a modest $2.3K investment into a whopping $3.95M. Just four days […]
Cardano (ADA) price has gained momentum since past week
Veteran commodity trader Peter Brandt recently drew attention to Dogecoin (DOGE), the largest meme-based cryptocurrency by market capitalization, suggesting a potential bullish breakout. Brandt shared a DOGE/USDT chart in a post on X, pointing to a breakout DOGE has recently achieved from a descending channel that the asset has been stuck in for over half […]
CRYPTOCURRENCY MARKET Seychelles based company enters Kenyan market Connect with KBC Online; Subscribe to our channel: https://t.ly/86BKN Follow …
Most of August was spent in “Fear” on the Crypto Fear & Greed Index, with sentiment hitting a yearly low of 17 on Aug. 6.
TL;DR Robinhood and Revolut are considering launching stablecoins to expand their crypto offerings, driven by the lucrative potential of the $170 billion stablecoin market. Robinhood is cautious and has stated there are “no imminent plans” for a stablecoin launch, reflecting a careful evaluation of the market. Revolut is more vocal about its intentions to grow its crypto product […]
TL;DR The SEC approves BNY to offer digital asset custody. The structure of the Bank of New York could be applied beyond Bitcoin and Ethereum ETFs. Customer assets will be protected against bank insolvencies. The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, confirmed that the Bank of New York Mellon (BNY) […]
Albert Castellana, co-founder and CEO of Yeager.ai, believes artificial intelligence (AI) can propel blockchain-based applications beyond simple, static contracts. AI integration unlocks “much more subjective decision-making,” opening doors to entirely new use cases, he argues in written responses to Bitcoin.com News questions. Risks Associated With Centralized AI Models Castellana said he envisions developers creating applications […]
Micheal Saylor’s Bitcoin bet is paying off again
[PRESS RELEASE – Atlanta, GA, September 27th, 2024] Boost VC, Draper Associates and Thesis* Join Forces to Foster Innovation in Infrastructure, DeFi and SocialFi Boost VC, Draper Associates, and Thesis*, one of the longest-standing venture studios funding and building brands on Bitcoin, today announced the launch of the BitcoinFi Accelerator, an exclusive six-week program designed […]
Tired of high fees and delays? Qubetics offers fast, secure, and cost-efficient solutions for managing cryptocurrency. Explore the benefits of the …
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.
Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober” approaches. Solana Retests $160 Resistance Solana’s rally started last week following the […]
A data breach at Wells Fargo is affecting an unknown number of the banking giant’s customers. A new filing with the Office of the Vermont Attorney General shows the lender is warning customers that an insider at the bank has accessed and used their information to perpetrate fraud. The San Francisco, California-based bank has not […]
The native token of the synthetic dollar protocol developer Ethena (ENA) surged by more than 45% this week as the project rolled out multiple new products. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the […]
With the next bull run already started, experienced investors are eyeing top cryptos that could offer exponential returns. While Ethereum and Bitcoin remain staples, Sui (SUI), Bittensor (TAO), and Raboo ($RABT) are emerging as top contenders, each with distinct growth catalysts. As AI crypto continues to dominate discussions, these assets are positioned to lead the […]
TL;DR Decentralized Physical Infrastructure Networks (DePIN) connect real-world devices to blockchain networks, allowing users to participate in the construction and maintenance of these infrastructures. Projects like Helium and Filecoin demonstrate how these tools can offer efficient and sustainable solutions, eliminating reliance on large capital and centralized companies. Despite their potential, mass adoption faces challenges such […]
TL;DR Approximately $7.7 billion worth of Bitcoin and Ethereum options expire today, which could create volatility in the market. The maximum pain point for Bitcoin is at $59,000 and for Ethereum at $2,500. Market volatility is expected to continue following a recent rally driven by Federal Reserve interest rate changes. Cryptocurrency options expiration is a […]
Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison sentence, Zhao remains incredibly wealthy, with plans […]