So far, 2024 has been one of busiest years in company’s history
Cryptocurrency enthusiasts are ecstatic after AVAX mapped out the first signs of a probable breakout, and a famous crypto analyst fueled the wave of optimism with his bullish forecast. The expert, Alan Santana, believes that AVAX graphs look pretty much alike compared to Bitcoin before it surged in price. Now, can AVAX be about to […]
Toronto-based Bitcoin mining company Bitfarms reported a total revenue of $42 million, marking a 16% decline quarter-over-quarter. This decrease is attributed to the reduction in block rewards resulting from the BTC halving event on April 19, 2024. Q2 Financial Result Bitfarms reported a net loss of $27 million, or $0.07 per share, which includes a […]
CryptoQuant head Ki Young Ju says that on-chain data is signaling that the Bitcoin (BTC) bull market is back on. The CEO of the analytics firm tells his 361,000 followers on the social media platform X that CryptoQuant’s Bitcoin bull-bear market cycle indicator, which tracks phases of investor sentiment, is back to bullish after briefly […]
Millions of Americans may be at risk of fraud after bad actors breached the systems of a Utah-based fintech firm. Health savings account (HSA) administrator Health Equity tells the Office of the Maine Attorney General that it suffered a security incident that “resulted in unauthorized access to or disclosure of” the sensitive data of 4.3 […]
MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat.
Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to facilitate cryptocurrency transactions, including cross-border trade, and grants the Bank of Russia oversight of pilot projects related to digital currencies. Putin Signs Law […]
Chicago Bulls legend Scottie Pippen has continued to promote his new cryptocurrency $BALL despite backlash from social media users in recent …
John Reed Stark is not pleased with bank’s bold BTC move
The recent slide in price of Bitcoin below the $60,000 threshold, followed by a subsequent drop below $50,000, might finally be showing signs of reversal, as suggested by the latest buying trends. These trends indicate a strong accumulation phase among large-scale investors, commonly known as whales, who have been capitalizing on the price dip to […]
SUI shows signs of a bullish reversal following a slight breakout of a resistance line. Its bearish structure remains intact but is leading the top gainers chart with a traded volume of $400 million in the last 24 hours. From a peak of $2.2, SUI initiated a drop and lost more than 80% of its […]
TL;DR Ripple is partnering with the Dubai International Financial Center (DIFC) to enhance blockchain and crypto innovation in the UAE, focusing on early-stage companies and scale-ups. This collaboration is seen as a significant milestone for the DIFC, enhancing its role as a global hub for talent and tech. Ripple and Dubai Ripple plans to strengthen […]
BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over.
There are many misconceptions in the world of Cryptocurrency, which generally breaks down into two groups – Coins and Tokens. Most of these …
The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its senior executives with fraud for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu, current CEO Alfred Poor, and former CFO Federico Tovar were implicated in overstating the company’s financial performance and failing to disclose […]
JPMorgan Chase, Bank of America, Wells Fargo and other unnamed large banks are reportedly facing a federal investigation over scams and fraud on the billion-dollar instant payments platform Zelle. The Consumer Financial Protection Bureau (CFPB) is probing how the banks handle disputed transactions on the network, reports the Wall Street Journal. The agency is responding […]
A closely followed crypto analyst is warning of a Bitcoin (BTC) collapse if it fails to hold one key support level. In a new video update, crypto strategist Jason Pizzino tells his 332,000 YouTube subscribers that Bitcoin’s bull market could be invalidated if it falls more than 27% from the current value on the weekly […]
Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The lawsuit, which was filed concerning a contract dispute dating back to 2022, alleges that Tether violated their agreement by unjustifiably liquidating 39,542.42 Bitcoins that were held as collateral for a loan issued in USDT. Celsius contends that […]
Eyes remain on where Shiba Inu price trends next
Bitcoin’s price movements over the weekend have returned to a much calmer state, and the asset has remained relatively stable at just over $61,000. The altcoins are mostly in the green, with BNB and DOGE emerging as the top performers from the larger caps. BTC Above $61K Last weekend went under the rule of the […]
Ethereum’s network fees spiked this week, driven by heightened market volatility. The surge in fees was largely fueled by increased activity on platforms like Uniswap and a wave of liquidations on Aave, reflecting the intense trading environment. Ethereum fees spiked this week as a result of the volatility, with Uniswap volumes and Aave liquidations spiking […]
Breakthroughs in scalability, error-correction, and infrastructure have led to an accelerated timeline for quantum advantage.
Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled out by Lightning Labs, seeks to bring all the benefits of LN to […]
Investor and venture capitalist Preston Pysh believes that crypto will witness exponential growth in the next five years. In a new interview on the TFTC YouTube channel, the general partner at Bitcoin (BTC)-focused venture fund Ego Death Capital highlights that crypto is not following a linear path in terms of growth. He thinks the asset […]
Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector.
XRP nearing potential breakout fueled by bullish patterns and recent legal wins
Cardano (ADA) is approaching a critical juncture as it eyes a retest of the key $0.3389 support level. In recent trading sessions, ADA‘s price has previously risen above this level and is currently dropping for a second retest thereby raising concerns among investors and traders. A successful defense of the $0.3389 support could signal a […]
Pyth Network is a platform dedicated to providing data to the blockchain through oracles. Do you want to know what this technology is and why it is essential for the functioning of the blockchain? In this article we will take a detailed look at what Pyth Network is and how it works and tell you […]
Nvidia’s shrinking market cap could signal a shift in the generative AI developer’s market.
Gemini co-founders Tyler and Cameron Winklevoss are blasting the Commodity Futures Trading Commission (CFTC) for proposing a new rule against event contracts. In a new thread on the social media platform X, Tyler Winklevoss says that the regulatory body should retract its new proposed guidelines as it would deny US citizens access to event contracts, […]
Analytics firm IntoTheBlock says that deep-pocketed investors took Bitcoin’s correction toward a low of $49,000 last week as an opportunity to gobble up BTC. IntoTheBlock says Bitcoin witnessed net outflows to the tune of $1.7 billion from crypto exchanges over a one-week period. The analytics firm defines net outflows as the number of coins that […]
Bitcoin made a remarkable leap, briefly soaring past $62.6K—a staggering 25% increase in just over three days. This unexpected surge caught many average traders off guard, highlighting the volatile nature of the cryptocurrency market. As excitement builds, some investors are now eyeing potential price targets of $70K to $75K for Bitcoin and $3.0K to $3.5K […]