Global investment giant BlackRock filed a prospectus with the U.S. Securities and Exchange Commission on Monday that laid out the firm’s plan to add new Bitcoin exchange-traded funds to its strategic portfolio. Dubbed the Strategic Income Opportunities Fund, BlackRock will include investments in Bitcoin among its other offerings, highlighting the risks of each. “The fund […]
The Ethereum market has witnessed a remarkable surge, with the price surpassing the $3,700 mark, mirroring the upward trend observed in Bitcoin, which recently soared above $68,000. Ethereum ($ETH) is demonstrating significant strength, showcasing a staggering 54% increase over the past four weeks, marked by a series of bullish candles dominating the weekly chart. Amidst […]
Ten spot bitcoin exchange-traded funds (ETFs) shattered their trading volume record on Tuesday, reaching a staggering $10 billion. Blackrock’s Ishares Bitcoin Trust (IBIT) continues to dominate, surpassing $11 billion in assets under management (AUM) and accumulating over 170,000 bitcoins. Record Volume Day for Spot Bitcoin ETFs Ten spot bitcoin exchange-traded funds (ETFs) extended their record-breaking […]
Bitcoin (BTC 0.56%) is the world's largest cryptocurrency. It has a market capitalization of $1.3 trillion as of this writing, so it accounts for …
Glassnode’s cofounders weigh in on recent Bitcoin price dynamics
Crypto analyst and trader Ali Martinez is predicting that a decentralized exchange (DEX) altcoin will soon have a breakout. Martinez tells his 49,400 followers on the social media platform X that GMX seems to be forming a bullish trend reversal pattern that could send it soaring more than 60% from the current value. “GMX is […]
Binance, the world’s largest crypto exchange by trading volume is discontinuing support for the largest economy in Africa’s national currency. Late last week, the government of Nigeria demanded nearly $10 billion from Binance, alleging that the crypto exchange manipulated the exchange rate of its fiat currency. According to local reports, the Nigerian government slapped Binance with […]
TL;DR Hoskinson reaffirms leadership in Cardano and dispels rumors of departure. Hoskinson’s active participation on social media reassures the community. The Midnight project aims to protect data on the blockchain and does not indicate a shift in IOHK’s focus towards Cardano. Charles Hoskinson, the CEO of IOHK and the mind behind Cardano, has confirmed his […]
Revolut, the digital banking platform, has unveiled a strategic collaboration with MetaMask, the self-custodial wallet, to introduce a feature known as Revolut Ramp. This offering allows users to replenish their MetaMask wallets directly from their Revolut accounts. Visa and Mastercard Flexibility for Crypto Transactions The integration aims to simplify the process of adding cryptocurrencies to […]
The Solana decentralized finance (DeFi) sector is experiencing a period of phenomenal growth, with decentralized exchanges (DEXes) witnessing record-breaking trading volumes and the native token, SOL, reaching a new 20-month high. However, amidst the euphoria, experts advise caution due to potential market risks. Solana: ‘Greed’ Index While Solana’s DeFi landscape flourishes, it’s crucial to acknowledge […]
Binance has announced its plans to halt its services involving the Nigerian Naira (NGN) due to heightened regulatory attention from authorities in Nigeria. The crypto exchange said that it will remove all current NGN pairs by Thursday, and any remaining NGN balances will be transformed into USDT by Friday. According to the official blog post, […]
Terraform Labs has pushed back against the U.S. Securities and Exchange Commission’s (SEC) objection to a $166 million retainer paid to law firm Dentons. In a court filing, the bankrupt crypto firm called the SEC’s objection a “troubling example of government overreach,” arguing that its motive for doing so was “to disadvantage and distract and […]
On March 1, 2024, an infamous and vast bitcoin mega whale moved 2,000 vintage bitcoins from 2010 and now, four days later, on March 5—the day bitcoin hit its peak value of $69,210 per coin—the same entity transferred another 1,000 bitcoins from 2010. 2010 Bitcoin Whale Moves Millions as Prices Peak This prominent whale, known […]
The native token of the web3 venture studio, Memeland, Memecoin ($MEME), has seen a surge of over 50% in the past 7 days. However, recent setbacks have led to a loss of nearly 12% of its value today. Spotonchain’s on-chain reports indicate that despite the overall excitement surrounding memecoins, the price of $MEME has experienced […]
Nigeria's National Security Adviser Nuhu Ribadu has detained two senior executives of cryptocurrency exchange platform Binance in connection with …
Elon Musk, the tech magnate whose name is often associated with the meme cryptocurrency Dogecoin, is no longer the world’s richest person
Seasoned trader Tone Vays believes that Bitcoin (BTC) will go beyond people’s expectations during this market cycle. In March of 2023, Vays predicted that BTC would rally to $200,000 at some point next year. In a new strategy session, the trader now tells his 122,000 YouTube subscribers that with the launch of spot market exchange-traded […]
HodlX Guest Post Submit Your Post The digital economy is increasingly fast-paced today, therefore, companies must keep innovating just to stay competitive and satisfy the changing needs of consumers. One of the innovations that has gotten a lot of attention lately is the possibility of cryptocurrencies becoming a means of payment. Digital currencies or cryptocurrencies […]
Binance declared today (Tuesday) that it will terminate all Nigerian naira services amidst an escalating legal battle with the Nigerian government. The move comes as a blow to users and investors in Nigeria, a country that has emerged as one of the world’s major cryptocurrency markets. Timeline for Cessation of Naira Services by Binance According […]
Binance just announced the listing of Dogwifhat (WIF), the Solana-based coin climbing up in the memecoins ranking. The price of the dog-themed coin positively reacted to the announcement news and reached a new all-time high. WIF Now Trading On Binance Today, Binance announced the highly anticipated listing of Dogwifhat. WIF has been experiencing a crazy […]
Open interest (OI) in Bitcoin futures and perpetual pairs on centralized exchanges (CEXs) have surged to a historic high following BTC unwavering rally to levels not seen since November 2021. According to Bitfinex’s latest weekly report, OI for Bitcoin futures and perpetual pairs reached $26 billion, surpassing the previous record of $24 billion set in […]
TL;DR Bitcoin hits a new all-time high of $69,210 USD. Market optimism and institutional adoption drive the crypto price rise. BTC is expected to continue its bullish trajectory, with forecasts to reach between $100,000 and $150,000 in the next 12-18 months. Bitcoin (BTC), the leading cryptocurrency, has achieved a significant milestone by surpassing its previous […]
March 5, 2024 – Paris, France The Proof of Talk summit, heralded as the Davos of Web 3.0, is back for its second year. Uniting Web 3.0 visionaries and global leaders Following the success of its 2023 edition, the Proof of Talk summit, heralded as the Davos of Web 3.0, is back for its second […]
The government of South Korea has opened an investigation into Worldcoin, the iris scanning cryptocurrency and digital wallet project. According to a press release, the Personal Information Protection Commission, the data privacy watchdog in the country, will investigate the actions taken by Worldcoin regarding the treatment of the data collected from users and will take […]
Binance’s Web3 wallet has integrated a brand-new Ethereum (ETH) layer-2 scaling solution. The exchange’s users can now use the wallet to complete transfers to and from the Blast Network, which offers native yield for ETH and stablecoins. Blast launched its mainnet last week and says it has already clocked more than $2.4 billion in total […]
Bitcoin, the world's most popular cryptocurrency, hit the $69,000 mark briefly Tuesday morning before sliding down in afternoon trading, …
Bitcoin surged to $68,785 according to CoinMarketCap data, marking its highest market value since November 2021 and coming just shy of its all-time high of $68,789. #Bitcoin has climbed as high on $67.5K on global #crypto exchanges, its highest market value since November 2021, and within 1.4% of the #AllTimeHigh. $BTC realized profits have reached […]
With the Dencun update a week away, there’s now 31.387 million Ethereum—worth approximately $116 billion—staked on the Beacon Chain. After seeing a slight dip in early January, the amount of ETH staked on the network has grown steadily and increased by 9% since the start of the year, according to Staking Rewards. At the time […]
Cofounder of second-biggest cryptocurrency on market makes solid transfer
Nexo’s entity based in Dubai, Nexo Services FZE, has secured the initial approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer lending, borrowing, investment, and broker-dealer services for virtual assets. This marks the digital asset platform’s entry into Dubai’s crypto space. Kalin Metodiev, the Co-Founder and Managing Partner at Nexo, mentioned: “Nexo is enthusiastic […]
The Ethereum Foundation, a non-profit organization, has initiated an unexpected ETH sell-off to a single address, prompting speculation about a potential market peak. Ethereum Foundation Executes Multiple ETH Transfers On Monday, March 4, Blockchain analytics platform LookOnChain revealed a series of transactions executed by a wallet address related to the Ethereum Foundation. Sharing a screenshot […]
“Let him cook” has been the expression that all of the young whippersnappers are using lately when describing somebody or something that shouldn’t be interrupted, because they are on a roll. I know this piece will come across as annoying to some, especially because I have only been bullish on bitcoin with some gusto for […]