On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This significant transaction came after several test transfers were conducted earlier on July 4. The trustee had previously announced that […]
XRP price tumbled and dived below the $0.400 support zone. The price is consolidating losses and might struggle to recover above the $0.4150 resistance. XRP price gained bearish momentum below the $0.4240 support zone. The price is now trading below $0.4250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]
The second quarter saw a record number of Web3 unique daily active wallets, but DappRadar cautioned the growth may be due to temporary airdrops.
TL;DR Bitcoin fell below $55,000, now at $54,200, potentially influenced by several elements. The market crash led to $670 million in liquidations, with the largest liquidated order happening on crypto exchange Binance. The primary cryptocurrency continues its freefall, dipping under the $54,000 mark today (July 5). Currently, it trades at around $54,200 (per CoinGecko’s data), […]
The chief crypto analyst of financial services platform Real Vision says that an on-chain metric indicates a bullish outlook for crypto. In a post on social media platform X, Jamie Coutts says blockchains are seeing a surge in daily active users (DAU), a metric indicating unique user engagement with a platform over a period of […]
In a recent interview with Bitcoin Magazine, Ryan Gentry from Lightning Labs shared his insights on the various proposals aimed at enhancing Bitcoin’s scripting capabilities, focusing particularly on the approach taken by Rusty Russell’s new proposal, the Great Script Restoration Project. This initiative has stirred the Bitcoin development community by suggesting the restoration of previously […]
TL;DR Justin Sun offers to buy the German government’s $2.3 billion Bitcoin holdings to prevent negative impacts on the market. The German government has been selling seized BTC since January, triggering market concerns. Sun’s proposal aims to stabilize the crypto market during the current period of uncertainty, with Bitcoin currently trading around $57,400. Tron founder […]
TL;DR Robert Kiyosaki warns of an imminent market collapse that will affect real estate, stocks, bonds, gold, silver, and Bitcoin. He predicts that the collapse will set the stage for a long-term bullish market cycle starting in late 2025, where BTC could reach a historical high of $10 million. He highlighted the decreasing trust in […]
GTA 6 is set for a 2025 release, exciting fans with the longest wait yet since the series began over 25 years ago. Rumours suggest GTA 6 may include cryptocurrency options, though these claims, fuelled by social media, remain unconfirmed. Ah, GTA 6! Has there ever been a more anticipated game? Related: Analysts Predict Bitcoin […]
In the last week, 54 new wallets bought 2.08 million LINK worth US$30.28 million, indicating strong whale activity. Despite significant institutional interest and recent bullish developments, LINK’s price has fallen by 22% over the past month. Chainlink’s collaboration with Fidelity International and Sygnum enhances transparency and tokenised asset functionality. Whales like Chainlink it seems. According […]
Author of ‘Rich Dad Poor Dad’ Robert Kiyosaki predicts $10 million Bitcoin after big economic crash, heralding new bull market
According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years.
Bitcoin is fast selling off. At spot rates, the world’s most valuable coin dropped by over 5% on the last day of trading and continues to spiral lower, easily breaking $60,000. The psychological round number has been level to watch out for over the previous few days, especially following gains over the weekend. Bitcoin Is […]
Those who own cryptocurrency are more likely to have “dark tetrad” personality traits, according to a new study. Investors in digital currencies …
Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo stated that he believes adding crypto to the national financial system might be beneficial as an alternative and remarked on the function of stablecoins as […]
As the crypto market buzzes with anticipation for Solana ETFs trading, Ondo Finance (ONDO), Render (RNDR), and ETFSwap (ETFS) are capturing the spotlight. These altcoins are poised to lead the market with their innovative solutions and unparalleled potential. ETFSwap (ETFS) Gears Up For Massive Gains Ahead Of Solana ETFs Trading ETFSwap (ETFS) has become the […]
JPMorgan Chase just issued a warning on the economic impact of the presidential election. In a new interview with Bloomberg, JPMorgan’s Chief Global Strategist David Kelly targets former President Trump’s interest in increasing tariffs on imports to reduce income taxes. If Trump triumphs over Biden and hikes tariffs significantly, Kelly says the former president will have […]
A federal judge has ordered an Oregon man and his companies to pay over $83 million in restitution to victims of a fraudulent digital asset investment scheme that operated as “a classic Ponzi scheme,” according to court documents. Court Orders $83 Million in Restitution for Digital Asset Fraud Scheme Judge Mary Rowland of the US […]
[PRESS RELEASE – Dubai, United Arab Emirates, July 4th, 2024] Bybit, the world’s second-largest web3 platform by trading volume, solidified its commitment to fostering innovation and collaboration within the blockchain industry through a multifaceted sponsorship at the prestigious Swiss Summer Web3Fest and Crypto Valley Conference (CVC) in Switzerland in early June 2024. “Bybit was one of […]
The German government has transferred another chunk of its massive Bitcoin reserves to exchanges. According to blockchain data, the German Federal Criminal Police Office (BKA) moved roughly $75 million worth of Bitcoin across multiple transactions on July 4th. The funds were spread across exchanges, including Coinbase, Kraken, and Bitstamp. This comes after the government shifted […]
A closely followed crypto strategist and trader is revealing his price targets for Bitcoin (BTC) and two altcoin projects. In a new strategy session, analyst Jason Pizzino tells his 329,000 YouTube subscribers that based on the average true range (ATR) indicator Bitcoin could soon break through key price target resistance levels. The ATR indicator measures […]
A social media-focused crypto project is reversing course on its decision to leave the blockchain of top US-based crypto exchange Coinbase. In a new announcement on the social media platform X, Friend.tech (FRIEND) says that based on community feedback, it no longer plans to leave Base to create its own blockchain. “We’ve heard your feedback: […]
Prominent Bitcoin maximalist remains optimistic about BTC despite price crash, here’s why
The new tokenized assets offer the stability of the Bitcoin network with admirable yield.
Popular crypto analyst Crypto Rover is navigating the choppy waters of the Bitcoin market, offering a measured analysis tinged with cautious optimism. In a recent YouTube video, Rover dissected the recent price action, highlighting both bearish indicators and potential bullish triggers that could send Bitcoin soaring. Bitcoin Tests Crucial Support, Buy Orders Set The immediate […]
Cryptocurrency price on July 4 quick take: The global market cap dipped to $2.17 trillion.
Bitcoin’s price continues to fluctuate, dropping below US$60K multiple times before recovering to US$60,307 as market volatility persists. Despite a strong start with a 68.68% Q1 gain, Bitcoin faced a challenging Q2 with a 12% monthly loss and looming large repayments from the Mt. Gox case. Federal Reserve Chair Jerome Powell warns of an unsustainable […]
Despite market volatility and dips below US$60K, Glassnode sees strong investor profitability with many experiencing a 2x return on investment. Glassnode’s analysis highlights a high unrealised profit to loss ratio, indicating a bullish sentiment and a potential upcoming major market move. Swissblock anticipates a recovery in July for Bitcoin, supported by positive ETF flows, seasonal […]
The cryptocurrency and decentralized finance (DeFi) sectors suffered a staggering $1.19 billion in losses due to hacks, scams, and exploits in the first half of 2024, according to a new report from blockchain security firm CertiK. Crypto Security Woes Deepen as H1 Losses Hit $1.19 Billion The “Hack3d: The Web3 Security Quarterly Report” for Q2 […]
According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that despite the current crypto sell-off, the options market remains hopeful. Crypto Liquidation Tops $305M as […]
Following a short bounce in late June, Pepe recovered for a week and entered the $0.000013 range but due to a sudden rejection, it lost steam and started to show signs of weakness. So far, it has lost 25% in a week. In continuation of the overall crypto market clampdown, Pepe declined by another 13% […]
[PRESS RELEASE – London, UK, July 4th, 2024] In a groundbreaking move, YieldNest announced the merger of PrimeStaked’s Liquid Restaking Token (LRT), primeETH, into YieldNest’s much anticipated ynLSD product. This collaboration marks a significant step forward in the DeFi landscape by providing primeStaked users with YieldNest’s advanced technology to offer unparalleled benefits. This aligns with […]