Próspera, a designated special economic zone located on Honduras’ Roatan Island, has formally embraced Bitcoin as its official unit of account for assessing the value of goods and services. The development was led by Jorge Colindres, who holds the position of acting manager and tax commissioner at Próspera ZEDE (Zone for Employment and Economic Development), […]
Enthusiasm surrounding cryptocurrency hasn't led to more hiring within the industry. Crypto job posting on LinkedIn fell 57% between December 2022 …
The chief strategy officer of market intelligence firm CoinShares believes that the potential approval of spot market Bitcoin (BTC) exchange-traded funds (ETFs) in the coming days will not be a bearish event for the leading crypto asset. In a new CNBC Television interview, Meltem Demirors says that investment flows into crypto exchange products (ETPs) indicate […]
Crypto influencer Jack The Rippler thinks investment giant Fidelity could launch a spot Ripple (XRP) Exchange-Traded Fund (ETF) shortly. He revealed a screenshot showing the AMUN Ripple AXRP ETF on Fidelity’s trading platform. His finding was corroborated by another influencer, Crypto_Barbie, who captured the web address of the ETF’s trading page. The share price of […]
Late Sunday, the price of Bitcoin (BTC) corrected by over 2.5%, causing liquidations of over $200 million in the last 24 hours. This week, the final announcement on the much-anticipated spot Bitcoin Exchange-Traded Fund (ETF) is expected. Meanwhile, the price of Bitcoin is trying to figure out a direction, consolidating in a tight range. Crypto […]
Over the course of a single year, Akash (AKT) – a seemingly unheard of altcoin – exhibited a surprising surge, with its value skyrocketing by over 1,400%, showcasing remarkable resilience and strength in the market. This strong performance not only underscores the asset’s robustness but also positions it as a notable player in the cryptocurrency […]
Crypto Banter’s Ran Neuner, CNBC expert and seasoned cryptocurrency commentator, is bearish about potential ETF approval’s effects
Defunct crypto lending platform Celsius is in line to unstake and presumably sell nearly half a billion dollars worth of Ethereum (ETH), according to on-chain data. Celsius, now going through a lengthy bankruptcy process, was a service that used to offer customers yield on their crypto deposits. However, the firm collapsed after it allegedly mishandled […]
Nevada has emerged as the leader in the United States for interest in spot Bitcoin ETFs (Exchange-Traded Funds), surpassing traditional financial hubs like New York and California. This insight comes from a recent study by CoinGecko, which used Google Trends data to analyze global and domestic interest in cryptocurrency investment vehicles from January 2019 to […]
Coinbase plans to purchase a Cyprus company to offer cryptocurrency-linked derivatives in the EU. The deal would give Coinbase access to a MiFID …
The world of cryptocurrency is dynamic, with coins and tokens constantly jostling for attention and market dominance. Among the plethora of options, three cryptocurrencies—Avalanche (AVAX), Monero (XMR), and Rebel Satoshi ($RBLZ)—have been making waves. Let’s delve into their potential and the exciting prospects they offer to crypto enthusiasts and investors alike. Avalanche (AVAX): Breaking Boundaries […]
Ethereum whales have been on a buying spree for a while now, which is an indication of their sustained support for the king of altcoins. These whale buys have particularly increased in the past few weeks. On-chain data from Santiment reveals Ethereum’s largest private wallets now hold an all-time high of 56.25 million ETH, representing […]
The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice Amid a recent downturn in the cryptocurrency market, both Bitcoin (BTC) and Ethereum (ETH) have experienced a decline in their prices, causing a ripple effect across the entire crypto landscape. As BTC and ETH falter, altcoins like […]
Bloomberg expert named likely time frame for spot Bitcoin ETF by SEC, and it is not tomorrow
Quant analyst PlanB says that a 10x price increase for Bitcoin (BTC) is in the cards as many of its key indicators have flipped bullish. In a new video update, the closely followed on-chain analyst tells his 89,400 YouTube subscribers that he doesn’t expect Bitcoin to have diminished returns, or lesser gains than the previous […]
Digital Currency Group (DCG) CEO Barry Silbert says the venture capital firm has settled over $1 billion in debt, including the nearly $700 million owed to its bankrupt subsidiary Genesis. In September, Genesis filed a lawsuit to recover around $627 million in loans owed to it by DCG and its affiliate DCG International Investments (DCIG) […]
Cryptocurrency expert Angelo Babb released an insightful and timely exploration into the world of Non-Fungible Tokens (NFTs), titled 'Unraveling …
The digital asset investment products experienced inflows of $2.25 billion throughout the entire 2023. This places it as the third-best year based on data dating back to 2017, with 2020 recording $6.6 billion and 2021 reaching $10.7 billion, according to the latest report by CoinShares. As such, the inflows for 2023 were 2.7 times higher […]
Volatility is an inherent characteristic of many cryptocurrencies, but meme-based cryptos take that nature to another level. Memecoin, as they are called, have gained much popularity and notoriety, becoming protagonists in a market that never ceases to surprise with the opportunities it offers. With the year 2024 on the horizon, the inevitable question arises: Which […]
MATIC was one of the altcoins affected by the recent market downturn triggered by the controversial Matrixport report on the Bitcoin spot ETF this week. This negative sentiment pushed the cryptocurrency’s price from trading at nearly $1 to below $0.85 in a single move. However, the tide seems to be turning in favor of the […]
A widely followed crypto analyst is issuing a warning, saying that one Ethereum-based (ETH) altcoin may plummet after being rejected from a key level. Pseudonymous crypto strategist Rekt Capital tells his 384,800 followers on the social media platform X that decentralized oracle provider Chainlink (LINK) has broken below the diagonal support of an ascending channel […]
Chainlink (LINK) and Binance (BNB) are both projected to see gains during the upcoming trading sessions. While analysts are bullish on their future, they are also considering Meme Moguls (MGLS). This project has displayed massive dominance with its presale and could surge by 100x based on the latest projections. We will go over each one […]
Someone just bought almost 27 Bitcoins (BTC) on Binance (BNB) and transferred this monstrous sum to Satoshi Nakamoto wallet
CoinsPaid suffered a second hack in six months. Indeed, the digital assets payment company was exploited for around $7.5 million worth of cryptocurrencies on January 5. Blockchain security firm Cyvers attributed the security breach to the platform’s inadequate wallet access control measures. CoinsPaid Hacked Again Hackers managed to part way with various cryptocurrencies, comprising 4.5 […]
That means the ETF will be able to track the value of the cryptocurrency much more closely. Additionally, since the funds will hold Bitcoin …
An Ethereum (ETH)-based altcoin that’s flying under the radar is moving against the largely bearish crypto price action this week after surging over 110% in the past seven days. Power Ledger (POWR) is a blockchain that’s designed for decentralized and distributed energy markets. The project’s native token, POWR, is trading at nearly $0.737 at time […]
While Bitcoin continued to break records throughout 2023, the kiosks providing the option to acquire cryptocurrencies using cash or debit cards have been on a decline. According to Coin ATM Radar, the total count of crypto ATMs worldwide has dwindled from 37,827 on January 1, 2023, to 33,628 on January 1, 2024, marking a noticeable […]
A California county is preparing to launch a basic income program that will give millions of dollars to women living below the poverty line. The Humboldt Income Program is an 18-month, $2.484 million project aimed at providing financial assistance to 150 expecting women in their pregnancy’s 1st or 2nd trimester during the enrollment period and […]
Injective is a blockchain designed specifically for finance. It is an interoperable and environmentally-friendly layer 1 blockchain that supports advanced DeFi applications, including crypto trading dApps, like spot and derivative exchanges, and lending protocols. That being said, in the fast-paced world of cryptocurrency, the Injective Network has emerged as a trailblazing force, revolutionizing the landscape […]
As we enter 2024, the crypto industry is still suffering from the U.S. government’s hostility and incompetence. The regulators have failed to provide clear and consistent cryptocurrency regulation, leaving the sector in a state of uncertainty and confusion. The U.S. is lagging behind Europe and other regions, especially in Southeast Asia, where crypto regulations are […]
Former SEC official John Reed Stark has identified two major factors driving the volatility of cryptocurrency prices: the lack of regulatory oversight and the speculative investment approach based on the “greater fool” theory
The DeFi market is growing daily as traditional investors show interest in decentralized platforms. New entrants like Pullix set the pace for old coins like Aave and Synthetix to follow. Pullix has now reached stage 6 of its presale, having raised over $3million and selling over 60million PLX tokens. Aave (AAVE) To Surpass Previous All-time […]