The Bitcoin price has experienced a significant correction after failing to consolidate above the $70,000 level and retesting its all-time high of $73,700, which it reached in March. With a retracement of nearly 10% over the past week, BTC is now trading just above support at the $60,000 level. However, based on historical data, further […]
Market’s current state raises some serious questions and a lot of concerns
Bitcoin’s ongoing correction could be nearing its end and the market could experience a rally in the coming weeks, judging by pseudonymous cryptocurrency trader Teddy’s analysis. According to their tweet, if history repeats itself, bitcoin’s bottom for this correction could be in the $61,000 range. Bitcoin to Bottom at $61K Teddy explained that every correction […]
A crypto analyst who nailed the 2022 Bitcoin bottom is warning that BTC is in danger of witnessing a massive breakdown. In a new video update, pseudonymous analyst DonAlt tells his 60,100 YouTube subscribers that BTC is at risk of losing all bullish momentum. The crypto strategist says that Bitcoin will likely go through a […]
Former President Donald Trump is in talks to speak at the largest Bitcoin convention of the year after embracing cryptocurrency in an attempt to …
Tether discontinues support for the Eos Network and Algorand implementations of its flagship stablecoin USDT.
Coinbase is the most impersonated brand in the cryptocurrency sector, Cointelegraph reported, citing a recent study. Phishing attacks, which trick investors into sending digital assets to scammers, predominantly target Coinbase among US crypto firms. Over the past four years, 416 phishing attacks using the Coinbase brand have been reported. Growing Threat of Impersonation Scams Some […]
Defunct Bitcoin exchange Mt. Gox said it would begin distributing assets stolen from clients in a 2014 hack starting in July, after years of postponed deadlines. JUST IN: Bankrupt Mt. Gox will begin $9 billion #Bitcoin repayments in July 👀 pic.twitter.com/Rph2AupnTY — Bitcoin Magazine (@BitcoinMagazine) June 24, 2024 “The Rehabilitation Trustee has been preparing to […]
The biggest Bitcoin (BTC) traders have recently become more risk-averse, according to the CEO of blockchain analytics firm CryptoQuant. Ki Young Ju tells his 349,000 followers on the social media platform X that the interexchange-flow-pulse (IFP) indicator, which tracks the flow of BTC between spot and derivatives exchanges, is signaling that whales are now in […]
Bitcoin (BTC) has experienced a sharp decline, dropping over 16% since reaching its all-time high of more than $73,000 in March 2024. Currently trading below $62,000, Bitcoin’s daily Relative Strength Index (RSI) has hit oversold territory, a condition that has previously led to significant price surges of 60%, 63%, and 198% over the past two […]
Asset managers like BlackRock and Grayscale submitted updated Ethereum ETF filings to the SEC after an investigation into Ether ended. The filings have spurred a fee reduction competition among managers, with VanEck and Franklin Templeton lowering management fees. Approval of these ETFs could significantly boost ETH prices, with analysts predicting strong growth potential for Ethereum […]
Bitcoin’s price action on June 24, 2024, indicates a clear bearish trend. Hovering around $61,171, bitcoin has fluctuated between $60,580 and $64,384 in the past 24 hours. BTC’s market cap is $1.21 trillion, with a trading volume of $19.12 billion, reflecting significant market activity despite the decline. The decline on Monday aligned with recent news […]
Solana failed to climb above the $135 resistance. SOL price started another decline, dropping nearly 10%, and now the bears aim for more downsides. SOL price remained in a bearish zone below the $142 resistance against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a […]
Investors face their last chance to buy Sealana at presale after a high-octane campaign. It has raised over $5 million in presale funding, signaling a huge nod of approval from traders. However, the presale will end in one day, on June 25 at 6 PM UTC. This means it’s the last chance for prospective buyers […]
TL;DR Digital asset investment products saw significant outflows for the second consecutive week. Pessimism over interest rate cuts by the FED drives cryptocurrency sales. Altcoins and multi-asset products see inflows, suggesting buying opportunities in the market. Digital asset investment products have experienced a second consecutive week of significant capital outflows, adding a total of $584 […]
TL;DR Lido DAO surpasses Ethereum fees thanks to increased activity and use of scalability layers. The re-staking program is growing and competes with EigenLayer. The fat app trend is attracting more users and generating significant revenue for DeFi protocols. Lido DAO has achieved a major milestone by surpassing fees paid on the Ethereum mainnet, driven […]
Shiba Inu team member issues important warning to Shiba Inu army and entire cryptocurrency community
Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?
A stablecoin is a cryptocurrency that has very little volatility. Its value is linked to a real-world asset such as fiat currency or gold. Talking …
A closely followed crypto analyst thinks it’s almost time for altcoins to witness the steepest leg of the bull market. Pseudonymous analyst TechDev tells his 460,100 followers on the social media platform X that the Bitcoin dominance (BTC.D) chart is flashing a massive bearish reversal signal. The BTC.D index tracks how much of the total […]
A new collaborative effort spearheaded by Lightning infrastructure company LNFi intends to accelerate the adoption of the Lightning Network. Leveraging the progress of novel protocols such as Taproot Assets and Nostr, the LN Alliance hopes to mobilize industry partners and contribute to standards around the growing Bitcoin ecosystem. A recent community discussion highlighted the group’s […]
Kraken MTF, the UK’s first Financial Conduct Authority (FCA)-authorized crypto derivatives trading venue in Europe, has announced a strategic partnership with Copper, a firm specializing in digital asset custody, collateral management, and prime services. The collaboration aims to offer off-venue settlement services tailored for institutional clients. Multi-Exchange Connectivity Institutional investors require robust multi-exchange connectivity to […]
Telegram-backed Toncoin (TON) has been the talk of the crypto town lately, its price soaring to a record-breaking $8.15 before settling around $7.60. This dramatic rise, coupled with technical indicators flashing both caution and bullish signals, has investors on the edge of their seats, wondering: is this a short-lived party or the beginning of a […]
Standard Chartered hopes to launch a trading desk for Bitcoin and Ether, becoming one of the first global banks to enter spot cryptocurrency trading. While banks like Goldman Sachs have traded cryptocurrency derivatives, strict regulations have made direct trading in cryptocurrencies less attractive. Demand from institutional investors will see Standard Chartered open a crypto desk […]
The Swiss central bank has declared its blockchain-based CBDC pilot program “very successful” and announced the program will be extended by two years. The pilot program allows participants to issue and buy tokenised bonds on a digital exchange using an experimental digital currency issued by the central bank. According to a report from Bloomberg, in […]
Against this backdrop, Saylor took to X to share lighthearted meme
Kenyan police have reportedly closed their investigation of Worldcoin, allowing the latter to resume its activities in the East African nation. The chief legal officer at Tools for Humanity confirmed that Worldcoin would soon resume registering Kenyan users. Tools for Humanity Praises ‘Fair’ Investigation The Kenyan police have reportedly concluded their investigation into Worldcoin, which […]
Top Crypto Presales to Consider in June 2024: Why BlockDAG Network Outshines KangaMoon & WienerAI As the field of digital currencies expands, investors are becoming more interested in new and exciting players. Among the leaders are KangaMoon and WienerAI, which are recognised for their creative applications and active community involvement. But BlockDAG stands out for […]
It is important to understand network effects because it is the singular force that drives economic value in the digital economy, as opposed to …
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing.
Klever Wallet is a powerful, user-friendly mobile cryptocurrency wallet designed to offer secure and efficient management of various digital assets. As an integral part of the Klever ecosystem, Klever Wallet is crafted to simplify and elevate the crypto experience for users, providing a seamless and intuitive interface that caters to both developers and crypto users. […]
TL;DR Eurosystem’s digital euro project enters an intensive preparatory phase. Five calls have been launched to select key suppliers. Progress is being made in defining the regulatory and technical framework to guarantee privacy and security. The Eurosystem, made up of the European Central Bank and the national central banks of the eurozone, has announced the […]