Litecoin advanced bearish this week and dipped to a new low after four months of trading. After witnessing a small recovery yesterday, it faced rejection and now looks ready to resume selling pressure on the day. Litecoin went through a series of reductions in the past weeks following a sell order from $89 last month, […]
Between February 2023 and February 2024, cryptocurrency scam victims who were further exploited by fictitious law firms reported losses totaling over …
Pyypl, a fintech company operating in the Middle East and Africa (MEA), has partnered with Visa to introduce virtual and physical prepaid Visa cards via its mobile app. This strategic collaboration aims to enhance financial inclusion across the region, providing underserved populations with greater access to financial services. The integration of Visa virtual cards will […]
Amidst waves of concern surrounding the sale of Bitcoin by the US and German governments, industry experts have come forward to dispel fears, suggesting that these moves could be bullish for the market. Yesterday, the Bitcoin sector experienced heightened volatility following actions by two major governments. The German Federal Criminal Police (BKA) continued with its […]
TL;DR Ava Protocol strengthens its capabilities by acquiring Openstory, a blockchain data company. This acquisition gives Ava Protocol access to real-time data streaming and analytics, allowing them to significantly improve their automation functionalities. Ava Protocol is on the cusp of major milestones. They are set to launch on the Ethereum mainnet within the next three […]
A top analyst known for making timely altcoin calls believes that Pepe (PEPE) and another fellow memecoin are primed for massive rallies. Pseudonymous analyst Bluntz tells his 263,500 followers on social media platform X that PEPE looks ready to ignite a five-wave surge. Bluntz relies on the Elliott Wave theory, which states that a bullish […]
The U.S. Department of State is offering up to $5,000,000 in rewards for information on one of crypto’s biggest mysteries. In a statement, the government says it’s looking for information from the public that would lead to the arrest and/or conviction of German national Ruja Ignatova, one of the key players behind the OneCoin scheme. […]
Cryptocurrency company Abra and its CEO, William “Bill” Barhydt, settled with 25 state financial regulators in the United States for operating a crypto business without obtaining appropriate licenses. Apparently, it offered crypto trading and investing services without any license. Announced yesterday (Wednesday) by the Conference of State Bank Supervisors (CSBS), the participating states in the […]
TL;DR Buy the Bitcoin Dip? Analyst Points to RSI and Fear Gauge: Crypto analyst Ali Martinez believes the Relative Strength Index (RSI) can signal opportune times to buy Bitcoin. When the RSI (using a 14-period window) dips below 30, it historically indicates an undervalued BTC. Fear in the Market Adds to the Buying Argument: Martinez […]
CoinStats reveals employee-targeted social engineering attack behind the hack affecting 1.3% of wallets.
The US spot Bitcoin ETFs appear to be slowly recovering as the collective inflows reached $21.52 million on June 26th, continuing with the positive momentum that began on Tuesday. However, BlackRock’s iShares Bitcoin Trust (IBIT) has not reported any new investments for the past four days. This isn’t its highest streak, though, as in April, […]
On June 26th, the US government sent 3,940 Bitcoin to Coinbase Prime, Coinbase’s institutional trading platform. Blockchain analytics firm Arkham Intelligence flagged the transaction. JUST IN: 🇺🇸 US Government sends 3,940 #Bitcoin worth $241 million to Coinbase 👀 pic.twitter.com/m14HpdeJ0s — Bitcoin Magazine (@BitcoinMagazine) June 26, 2024 The transferred Bitcoin was originally confiscated from convicted drug […]
Unfazed by the market crash, major Bitcoin whales are buying the dip
Bitcoin is roughly 20% from all-time highs, and risks are trending lower, breaking from the current consolidation. After peaking in mid-March, bulls are yet to build enough momentum and overcome the roadblock at $72,000. Will Bitcoin Fall To $50,000 Or Worse? Analyst Thinks So While there were temporary gains in early June, the retracement in […]
As Litecoin Falters at $68.40, BlockDAG’s $53.8M Presale Shines Offering Stability Beyond Uniswap’s Bullish Rally Over the past week, the cryptocurrency market witnessed notable shifts, particularly with Litecoin (LTC) experiencing a decline against the US Dollar, dropping from a high near $68.40. Conversely, Uniswap (UNI) displayed bullish behaviour, providing some confidence to investors. However, amidst […]
The majority of the current cryptocurrency market appears to be in a stagnant, bearish phase as of late for unknown reasons.
HodlX Guest Post Submit Your Post The direct integration of cryptocurrency payment methods into social media platforms is poised to revolutionize global finance as we know it. This shift is supported by the substantial user bases and advanced anti-fraud measures on these platforms, promising to democratize access to financially inclusive offerings, especially in developing countries. […]
Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Mr. Zhibing (Tony) Li is the Vice President of Canaan Inc. He recently joined the Bitcoin.com News Podcast to talk about the company’s technology R&D roadmap and […]
Criminals are using deep fakes more than ever, causing $79.1 billion in losses since 2022.
The final approval for the trading of spot Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) could come as soon as July 4, Reuters reported, citing “industry executives and other participants.” Although the SEC has yet to confirm anything officially, its talks with asset managers on the spot Ether ETF have […]
TL;DR Deribit is preparing for a massive expiration of Bitcoin and Ethereum options next Friday, valued at $6.68 billion and $3.5 billion respectively. This event represents over 40% of Deribit’s total open interest and could lead to high volatility in the crypto markets. Deribit has been intensively preparing for the expected impact on BTC and […]
TL;DR Copper expands its services with custody and staking solutions for SUI, aiming to strengthen access and security for institutional and enterprise investors. Founded in 2018, Copper leads in digital custody, handles over $50 billion monthly in trading, and offers staking and DeFi products. The partnership allows Copper to offer an integrated wallet and expand […]
Ethereum spot ETFs will accumulate over $15 billion in net inflows within their first 18 months of hitting the U.S. market, predicted crypto asset manager Bitwise on Wednesday. The firm’s year-and-a-half-long forecast would roughly match the net haul from Bitcoin ETFs ($14.4 billion) since their launch five months ago – from which excitement has helped […]
Bitcoin-based crypto investments have witnessed another week of outflow in what was an unpleasant week for Bitcoin and other cryptocurrencies. Bitcoin investors, in particular, were disappointed as they watched the price of the world’s biggest asset decline during the week, temporarily falling below $60,000. According to recent inflow data from CoinShares, this correction also flowed […]
Back then, you could mine Bitcoin with your personal computer, and the block reward was as big as 50 BTC
ElenoxOne is increasingly being discussed in the realms of cryptocurrency enthusiasts and traders. How does it stack up against the competition?
Celebrity billionaire Mark Cuban has unloaded more than a dozen non-fungible tokens (NFTs) in a matter of days after letting them sit dormant for years. Cuban hawked a total of 14 NFTs over the weekend and on Monday, the most valuable of which is a “Pudgy Penguin” token that sold for nearly $31,000 worth of […]
B2Broker, a technology and liquidity provider, has released an update for its B2Trader Brokerage Platform. The new version, BBP v1.1, introduces BBP Prime functionality, enhanced reporting features, and customizable layouts. Adding Prime Brokerage Capabilities A key addition in BBP v1.1 is the BBP Prime feature. This enables the BBP to act as a prime brokerage […]
In a significant display of volatility, the Assangedao cryptocurrency token JUSTICE climbed by over 80% on Tuesday, only to fall by 18% the next day. This fluctuation follows the recent release of Wikileaks founder Julian Assange, igniting renewed interest and speculative trading in the token. JUSTICE Token Sees Wild Fluctuations Following Julian Assange’s Release The […]
The recent crash in Dogwifhat (WIF) and Bonk (BONK) has left over 60,000 crypto traders liquidated. With losses mounting, many are now looking for safer, more promising investment options. One such option gaining attention is RCO Finance (RCOF). In this article, we’ll uncover the reason for its market success and the decline in Dogwifhat (WIF) […]
Bitcoin attempts to digest news that the U.S. government has joined Germany in selling off a portion of its BTC holdings.
The Cardano network recently faced a distributed denial of service (DDoS) attack, a malicious attempt to disrupt its operations. However, the mechanisms and decentralized structure of Cardano effectively mitigated the attack, ensuring uninterrupted stability and operation. This display of resilience has garnered praise from bullish investors and renewed confidence in the price appreciation prospects of […]