BlockDAG Whitepaper Ignites 20,000X ROI Forecast, Lido’s Influence Wanes, Shiba Inu Gears Up For Surge As the cryptocurrency market rebounds from its recent dip, Bitcoin has climbed back to the $67,000 mark. Ethereum, however, is experiencing a downward trend across daily, weekly, and monthly analyses. Contrarily, Shiba Inu (SHIB) appears ready for a significant upturn, […]

Uniswap Labs is facing a potential enforcement action from the Securities and Exchange Commission (SEC). The regulator is considering taking legal action against the company behind the popular decentralized finance (DeFi) exchange Uniswap. In a blog post published today (Wednesday), the company disclosed that it had been served a Wells notice by the SEC. A […]

TL;DR FDUSD Expansion: First Digital Trust’s FDUSD stablecoin is now integrated with the Sui blockchain, enhancing the DeFi ecosystem and reinforcing its position as a leading stablecoin. Regulatory Compliance & Growth: FDUSD adheres to Hong Kong’s digital asset regulations and is backed by U.S. Treasury bills and bank deposits, maintaining a stable $1 value. It’s […]

Crypto wallet company Keystone recently released bitcoin-only firmware for its most advanced device, the Keystone 3 Pro. It is here! 📢 The #Bitcoin only firmware release for Keystone 3 Pro is now Available. New Features including:-Blue, Sparrow, Nunchuk support-Taproot support through Sparrow-XPUB QR code Display-Bitcoin Testnet support-Passphrase support-Shamir Backup support#BITCOIN… pic.twitter.com/KHk5Ia0SdB — Keystone Hardware Wallet丨Bitcoin-Only […]

Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term. Ethereum extended its decline and tested the $3,400 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend […]

Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions by the chairman of the State Duma Committee on the Financial Market that the launch will begin next year. No Decision Before 2025 Elvira Nabiullina, […]

Cryptocurrency analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) ahead of the halvening. Svenson tells his 75,000 YouTube subscribers that the Relative Strength Index (RSI) indicator is confirming the end of a bearish trend for Bitcoin on the daily chart. The RSI indicator is a momentum oscillator whose values range from […]

A widely followed crypto strategist believes that one Ethereum (ETH) rival could have a strong performance this year. Pseudonymous analyst Altcoin Sherpa tells his 214,300 followers on the social media platform X that Fantom (FTM) could soar more than 15% from its current value. “FTM: I think this is still a very solid coin and […]

The post Fundstrat’s Tom Lee Sees Stock Market Rising on Wall of Worry, Says Inflation on Path To Glide Lower appeared first on Crypto News Australia.

Crypto analyst Willy Woo predicts huge surge in Bitcoin’s price ahead of halving event

Fintech firm and stablecoin issuer Circle has announced that native USDC is now available on the leading layer 2 rollup, zkSync, thereby making it accessible to developers and users without the need for bridging. With the latest inclusion, USDC is now supported on a total of 16 blockchain networks. USDC on zkSync In its official […]

Additionally, over half of the respondents expressed concerns about the potential collapse of a major cryptocurrency within the next two years.

In a strategic move to bolster its European presence, Okcoin Europe Ltd. has rebranded to OKX and appointed Erald Ghoos as the new European General Manager. As part of this rebranding, OKX aims to unify its brand worldwide. OKX Expands European Presence OKX is one of the biggest crypto exchanges globally trusted with over 50 […]

U.S. spot bitcoin exchange-traded funds (ETFs) have surpassed $200 billion in cumulative trading volume since launching just three months ago. JUST IN: 🇺🇸 US #Bitcoin spot ETFs trading volume surpasses $200 billion within just 3 months. Asia is next 🚀 pic.twitter.com/VxQdQJEIjN — Bitcoin Magazine (@BitcoinMagazine) April 10, 2024 According to data from The Block, the total […]

ADA’s bullish trajectory remains intact from a long-term perspective. Hence, it is still undergoing correction as it faces a crucial support line. Failure to regain strength may result in a serious crackdown. Last Thursday, ADA found support (at $0.55) above a crucial ascending trendline after witnessing drawbacks for three weeks. It stayed calm for days […]

BNB price is attempting a fresh increase from the $575 zone. The price is up over 5% and the bulls seem to be aiming for a move above $620. BNB price started a fresh increase after it found support near the $575 zone. The price is now trading above $600 and the 100 simple moving […]

TL;DR On-chain data shows that demand for Bitcoin from HODLers is currently outpacing miner issuance for the first time. The increase in demand could drive a bullish trend in BTC price by reducing the available supply in the market. The upcoming Halving, scheduled in approximately ten days, could further intensify this bullish trend if demand […]

The founder and CEO of Galaxy Digital believes looming rate cuts by the Fed are bullish for Bitcoin (BTC) and precious metals. Billionaire Mike Novogratz tells his 466,200 followers on the social media platform X that rate cuts may be bad for the US economy, but good for Bitcoin. He suggests rate cuts will increase […]

The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn product. Product Finder Lacked the Necessary License or Authorization The Australian […]

Consumers recently surveyed by Deutsche Bank are divided over Bitcoin’s staying power

As an industry leader in making cryptocurrency transactions more accessible to the public, RockItCoin is at the forefront of navigating the evolving …

The post Trader Peter Brandt Predicts Breakout Rally for BTC Amid ‘Basic’ Bull Market Pattern – But There’s a Catch appeared first on Crypto News Australia.

The U.S. Securities and Exchange Commission (SEC) is cracking down on another corner of the crypto industry, this time targeting one of the biggest players in decentralized finance (DeFi). On Wednesday, the regulator issued a Wells Notice against Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). Uniswap To Be Sued By SEC […]

Bybit has introduced an advancement aimed at enhancing the user experience for crypto purchases. Through the integration of Google Pay, Bybit is facilitating a streamlined approach to crypto acquisition, marking a shift in the landscape of digital asset transactions. Integration Simplifies Crypto Transactions across 35 Currencies This pioneering integration enables users from across 35 different […]

A Nigerian federal high court has ordered a senior Binance executive to be remanded for over a week at a prison in Abuja, the country’s capital, according to a Premium Times report. The federal high court reportedly issued the order after the head of financial crime compliance at Binance, Tigran Gambaryan, was arraigned on five […]

Bella Protocol has partnered with Manta Network, a modular layer-two building a secure and interoperable future for ZK (zero knowledge) applications. With this strategic partnership, the idea is to unlock the vast potential of the fast-growing Manta ecosystem and leverage Bella’s successful track record in catalyzing growth and innovation in DeFi. Kenny Li, co-founder of […]

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. Mirror, mirror on the wall, who’s the cringiest of them all? Is it the JPEG People? Or is it the Laser-Eyed Maxis? Or is it both? The […]

Dogwifhat (WIF) has been on a wild ride this week. As of Tuesday evening, its value surged by nearly 10%, however, the canine-inspired cryptocurrency could not sustain the momentum and by Wednesday, it lost 14% of its value. Dogwifhat’s Aggressive Rise And Sudden Dip The rollercoaster ride began with a bang. Dogwifhat, a newcomer to […]

Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro emphasized that Tether obtained net income numbers close to the ones of traditional institutions such as Goldman Sachs and Morgan Stanley in 2023, with a […]

After witnessing a deeper correction throughout last month, Tron TRX found a solid ground level and increased slightly. The price appeared strong this month as it created another bullish setup on the daily timeframe. Going back to where TRX started to increase in 2023, the price has seen nice growth as it exploded by more […]

Experts weigh in on key market indicators driving Bitcoin’s bullish momentum

TL;DR Stabilization of GBTC: Grayscale’s CEO Michael Sonnenshein reported that the Grayscale Bitcoin Trust (GBTC) is showing signs of stabilization after a period of significant investor withdrawals. Fee Reduction Strategy: In response to competition and high fees associated with GBTC, Sonnenshein hinted at a future reduction in fees to enhance the trust’s competitiveness. Introduction of […]