One widely followed crypto analyst is turning bullish on decentralized oracle network Chainlink (LINK) after a massive correction. Crypto trader Michaël van de Poppe tells his 722,800 followers on the social media platform X that based on a historical pattern, Chainlink could enter an uptrend against Bitcoin (LINK/BTC) to end the year. “LINK has been […]

The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the U.S. dollar, for local transactions. If finally approved, the document would establish harsh penalties for infringement, including jail time for up to ten years and hefty fines. Zambia to Punish Illegal Use of […]

Justin Sun plans to buy Germany’s Bitcoin stash

Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it.

… cryptocurrency and advancing the role of women in the industry. #bizshow #biz #womenatwork #cryptocurrency #digitaleconomy Watch CGTN LIVE on your …

In a tumultuous day for cryptocurrencies, the price of XRP plummeted to a low of $0.38249 on Bitstamp, reflecting a broader downtrend affecting the altcoin market. With a notable 12.4% decrease in the last 24 hours, XRP is facing crucial support. Despite this substantial decline, Dark Defender (@DefendDark), a noted crypto analyst on X, continues […]

[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, July 5th, 2024] GoMining, a premier Bitcoin mining operator redefining the industry’s accessibility through their innovative NFTs, each backed with a real share of BTC hashrate, has revealed the upcoming listing of the GOMINING token on the HTX crypto exchange. GOMINING, the utility token of the […]

Introduction As it moves into the active appeal stage at the Tenth Circuit, the ongoing legal battle between Custodia Bank and the Federal Reserve has garnered significant attention, especially given the involvement of various amicus briefs. A total of seven briefs were filed on July 3rd, the last day for supporting, or neutral, briefs to […]

Surprisingly, things have gotten even worse than they were

The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price dropped amid these developments and other market activities. Mt. Gox Begins […]

Controversial Tron founder, Justin Sun, has made a bold offer to protect retail investors and purchase the remaining $2.3 billion in Bitcoin seized by the German government, which it is currently preparing to sell on the open market. This comes after Germany moved $75 million worth of Bitcoin to exchanges, causing a significant market drop.  […]

TL;DR The Crypto Fear & Greed Index has hit its lowest level since early 2023, marking 29 points and reflecting extreme fear among investors. Massive sales of seized BTC by governments and Mt. Gox refunds have led to an oversupply, causing a significant decline in prices. Despite the downturn, analysts like Markus Thielen suggest that […]

CryptoQuant analysts say Bitcoin miners are showing signs of “capitulation” as profit margins tighten in the post-halving climate and BTC price falls close to $50,000.

Global Banking Regulators Set New Standards for Cryptocurrency Transparency. Basel Committee's 2026 Deadline for Crypto Exposure Disclosure. The Basel …

Following a huge collapse this week, Arbitrum moved out of a two-week consolidation phase and continued to break down daily. It has lost a key support level and is now rolling back to its launch price level.  So far, ARB has seen a notable reduction over the past 72 hours as it continued to show […]

KuCoin’s Visa debit card KuCard has added support for multiple virtual and physical cards starting July 1, 2024, the company announced today (Friday). This latest offering will enable users to manage multiple cards and access a cashback program. Eying Flexibility in Personal Finance KuCard promises enhanced financial flexibility for personal use, managing family expenses, or […]

On-chain data shows that Shiba Inu (SHIB) has witnessed a massive decline in whale activity. This is significant for the meme coin’s ecosystem, considering the impact these investors usually have on Shiba Inu’s price.  Shiba Inu’s Whale Activity Declines By Over 100% Data from the market intelligence platform IntoTheBlock shows that Shiba Inu’s whale activity […]

On July 5th, Bitcoin fell below $54,000, experiencing a decline of over 6% in the past 24 hours due to increasing bearish pressure. The market downturn intensified after Mt. Gox, an early cryptocurrency exchange that went bankrupt over a decade ago, started to repay its customers following a lengthy bankruptcy process. The latest downturn has […]

Is bearish trend of XRP about to end soon?

Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ycharts.com metrics. This adjustment comes just before the expected debut of spot ether exchange-traded fund listings expected to launch later this month. On July 2, 2024, ycharts.com […]

PancakeSwap will airdrop 2.4 million ZK tokens to reward its community and boost zkSync PancakeSwap engagement.

The cryptocurrency market experiences major downturn, with over $665 million liquidated in 24 hours as Mt. Gox moves funds.

Crypto exchanges in South Korea are reportedly trying to dispel fears that the country’s new digital asset law could lead to a widespread delisting of cryptocurrencies. South Korea will enforce its first digital asset user protection law on July 19th. The legislation will require crypto exchanges to review their altcoin listings and assess the reliability […]

Options traders are seeing hundreds of millions of dollars worth of losses as Bitcoin (BTC) suddenly plummets below $57,000 and altcoins collapse. According to crypto data aggregator Coinglass, over $379 million in liquidations have occurred in the last 24 hours — nearly 90% of them from leveraged long positions. Binance, the world’s largest crypto exchange […]

TL;DR Rabby Wallet has introduced a 0.25% fee for integrated swaps, aimed at funding future improvements and offering an advanced user experience. The Rabby Swap platform, a solid alternative to MetaMask, stands out for its intuitive interface and advanced security measures. The integration of IOTA’s Ethereum Virtual Machine (EVM) promises an enhanced multi-chain DeFi experience, […]

Bitcoin’s price drop is fuelled by ETF liquidations, Mt. Gox repayments, and an overbought market. New market entrants are selling the dip, influenced by recent ETF approvals. High-profile endorsements haven’t counteracted heavy selling by major players, pressuring prices. Amid the price of Bitcoin falling below US$55K (AU$81.65K), the first time since February, everyone is wondering […]

Data shows users on social media platforms have been calling to sell Bitcoin after its latest crash, a signal that contrarian traders may be waiting for. Bitcoin Sentiment On Social Media Has Turned Quite Bearish According to data from the analytics firm Santiment, social media is showing historic levels of FUD amid the market drawdown. […]

A newly identified address, 0x4fd…4271E, has built a significant position of $77.87 million in altcoins and ETH within the past 24 hours. The top three tokens held by this address include $ETH worth $31.17 million, $PEPE valued at $9.9 million, and $SHIB worth $9.69 million. On-chain data suggests that this operation was well-planned, as the […]

Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse.

A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited key political figures, including Chancellor Olaf Scholz, to a lecture on bitcoin’s advantages for nation-states, aiming to shift policy toward embracing cryptocurrency as a reserve […]

A closely followed crypto strategist believes that Bitcoin (BTC) could reach a six-figure price tag if it manages to reclaim a major resistance level. In a new strategy session, pseudonymous crypto analyst DonAlt tells the 61,000 subscribers of the TechnicalRoundup YouTube channel that the sell-off Bitcoin has witnessed recently could be invalidated if it manages […]

Technical indicators are flashing buy signals for Shiba Inu