Leverage traders are seeing red after Bitcoin (BTC) suddenly plummeted below $58,000, dragging altcoins down with it. According to crypto data aggregator Coinglass, over $448,490,000 in liquidations have occurred in the last 24 hours – more than 84% from leveraged longs. Leading exchange OKX hosted the largest amount of liquidations at $171.28 million, followed by […]

… cryptocurrency uptake. For example, cryptocurrency exchange platforms are integrating banking services offering rewards paid in digital currencies …

Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States. On Thursday, Selkis voiced his concerns on the social media platform X, stating that a “second Biden term will lead to mass wealth confiscation and crypto seizures.” […]

The Bitcoin price continues to trend below $60,000 as a 20% decline triggered a brutal market-wide crash. This has exposed multiple critical support points for the cryptocurrency, some of which the price has already fallen below. In light of this, a crypto analyst known as Norok has revealed the level the BTC price must not […]

UPDATE: Additional blockchain analysis indicates this purchase was the result of a for-profit “sat hunting operation” that was programmatically buying and withdrawing Bitcoin from Binance. The article has been revised accordingly. One of just four rare “Epic Sats,” as defined the Ordinals protocol, was discovered and withdrawn from the Bitcoin and crypto exchange Binance today. These special […]

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Bitcoin (BTC) appears to be on the cusp of losing the crucial $60,000 support

MoonPay has partnered with PayPal to introduce a crypto purchasing option for cryptocurrency app users in the US. This service enables users to use PayPal for transactions via wallet transfers, bank transfers, and debit cards. The integration promises to enhance the accessibility and convenience of buying and trading cryptocurrencies by bridging the gap between traditional […]

Analysts with the crypto exchange Bitfinex say two key metrics are suddenly flashing bullish for Bitcoin (BTC). In a new blog post, Bitfinex analysts say that Bitcoin’s Market Value to Realized Value (MVRV) ratio shows the price of the top-performing crypto asset is likely going up. MVRV is the ratio of Bitcoin’s market capitalization relative […]

A prominent early Bitcoin (BTC) investor was arrested in Spain over the weekend for allegedly evading $50 million worth of US taxes. Roger Ver, a noted supporter of Bitcoin Cash (BCH), faces charges including mail fraud, tax evasion and filing false tax returns, according to a new announcement from the U.S. Department of Justice (DOJ). […]

BlockDAG Beats TON Price Stability & LTC Volatility, Aims for $30 Pricing by 2030 Having strategic foresight is crucial in cryptocurrency investment. Among the myriad of emerging projects, BlockDAG shines as a symbol of stability and potential profitability. Unlike the volatility synonymous with LTC or the uncertainties surrounding TONNE, BlockDAG introduces a refreshing prospect of […]

US Federal Open Market Committee (FOMC) provide the latest update on economic health and direction. Bitcoin takes out March lows, what I want to see play out in the coming days. Altcoin analysis: SOL, NEAR It’s another month, and there’s plenty to talk about from day one.  Today we kicked off with significant news from […]

Tether Holdings announces a record US$4.52 billion profit for Q1 2024, with significant growth in US Treasuries ownership surpassing US$90 billion. The company’s net equity increased to US$11.37 billion from US$7.01 billion at the end of 2023, supporting stablecoin operations with nearly US$6.3 billion in excess reserves. Tether continues to face regulatory scrutiny but confirms […]

TL;DR Chainlink’s LINK is poised for a rebound from its current $14 price, indicated by a positive TD Sequential buy signal. Prominent analysts forecast significant returns for the asset, supported by favorable on-chain metrics suggesting a bullish move. LINK Price Predictions Chainlink’s native cryptocurrency – LINK – is yet another digital asset that suffered the […]

A judge in Nigeria reportedly adjourned proceedings in a case against Binance and two executives until May 17 to allow lawyers to review certain documents.

For example, a mental health game could reward players with cryptocurrency for completing mindfulness exercises, combining therapy with the incentive …

On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the U.S. The company stated that the wallet will now operate as a standard non-custodial bitcoin wallet without the coinjoin feature. Zksnacks Withdraws Coinjoin Feature from Wasabi Wallet Following intensified regulatory scrutiny in the U.S., […]

As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater.  New Whales And Spot ETF Investors Are In Red Taking to X, Ju said that more losses would be incoming, predicting that […]

Microstrategy’s annual Bitcoin for Corporations conference has kicked off its second day, featuring conversations with leading finance, regulatory and fintech professionals on the future of corporate Bitcoin adoption. Discussions will center around the financial implications of the recently approved Spot Bitcoin ETFs in the United States, the changing regulatory landscape for Bitcoin, as well as […]

Top decentralized exchange (DEX) Uniswap (UNI) now allows its mobile app users to buy crypto using their funds on popular trading platform Robinhood. In a new statement, Uniswap says the new funding method is currently available to US-based users through Robinhood Connect, a feature that enables customers of the brokerage firm to fund their Web3 […]

New data reveals that one of the biggest banks in the world is acquiring shares of asset manager BlackRock’s spot market Bitcoin (BTC) exchange-traded fund (ETF). In a new filing with the U.S. Securities and Exchange Commission (SEC), France-based BNB Paribas – the ninth-largest bank in the world – purchased 1,030 shares of the iShares […]

We’re thrilled to announce that Kraken now supports new margin pairs for Internet Computer (ICP), Pepe (PEPE), Shiba Inu (SHIB) and DogWifHat (WIF)! Margin trading is now available for the below pairs for ICP, PEPE, SHIB and WIF: Pair base Pair name Available leverage Long Position Limit  Short Position Limit ICP ICPUSD 3 3000 3000 […]

Cryptocurrency market slowly losing its touch

Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement.

TL;DR MicroStrategy’s Innovation: Launched the Orange Protocol, a decentralized identity solution on the Bitcoin blockchain, using Ordinal-based inscriptions for data storage and retrieval. Digital Identity Revolution: The protocol aims to create 10,000 decentralized identifiers (DIDs) for pseudonymous digital identities, anchored directly on the Bitcoin blockchain without sidechains. Applications and Security: Introduced Orange For Outlook to integrate […]

Quickex, a cutting-edge cryptocurrency exchange platform, announces a key milestone by enabling over 200 coins on its platform, revolutionizing its users’ trading experiences. This innovative action shows Quickex’s dedication to satisfying its users’ changing needs and retaining its spot in the crypto exchange industry. Since its establishment in 2018, Quickex has prioritized trading experience and […]

MicroStrategy has announced its new Bitcoin-based digital identity platform called MicroStrategy Orange. It’s designed to help enterprises enhance their security by leveraging the Bitcoin blockchain to verify users’ identities. In related news, brokerage firm Canaccord Genuity claims MicroStrategy now holds over 1% of all Bitcoin after the firm added another 25,250 to its bag in […]

Bitcoin falls below the crucial US$60k mark, with analysts at Standard Chartered predicting more short-term declines, potentially down to US$50k. Geoff Kendrick cites continuous outflows from US spot ETFs and positions being underwater as factors driving further price drops. Despite the current downturn, Standard Chartered maintains a bullish long-term view, forecasting Bitcoin to reach US$150k […]

On April 30, the popular millennial trading platform Robinhood announced that its crypto Connect feature was now available on the Uniswap mobile application. It added that eligible Robinhood customers can get $10 in the USD Coin (USDC) stablecoin as a reward when they buy the equivalent amount of crypto using Robinhood Connect as a payment […]

LITTLE ROCK, Ark. (AP) — Arkansas lawmakers on Wednesday gave final approval to new restrictions on cryptocurrency mining operations after facing …

Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has shed light on the current market state and the future outlook of Bitcoin, the world’s largest cryptocurrency. Despite the cryptocurrency witnessing declines of more than 15%, the financial expert has uncovered a significant pattern that indicates a potential bull flag following Bitcoin’s price […]

MicroStrategy, a leading enterprise business intelligence firm that has emerged as a pioneering Bitcoin advocate among public companies, is hosting its Bitcoin For Corporations conference starting today. The event is taking place May 1 – May 2, 2024 in Las Vegas, NV will feature industry leaders discussing how corporations can adopt Bitcoin as a treasury asset. MicroStrategy […]