In the ever-evolving landscape of cryptocurrency, investors constantly seek opportunities that promise growth and innovation. Recent developments in the market have seen both highs and lows, with notable trends emerging among leading tokens such as Polygon (MATIC) and Polkadot (DOT). While investors in Polkadot (DOT) enjoy profits amid its recent uptick, Polygon’s (MATIC) journey reflects […]
A popular crypto analyst is updating his outlook on Bitcoin (BTC) as a key event approaches. Pseudonymous crypto trader Rekt Capital tells his 53,700 YouTube subscribers that Bitcoin is likely going to repeat a 2016 pattern and rally heading into the mid-April BTC halving, when miners’ rewards are cut in half. However, the trader warns […]
Despite the XRP price’s recent decline, Crypto analyst Egrag Crypto has provided a reason to believe that this presents the perfect opportunity to accumulate more of the token rather than lose conviction in its potential. XRP On Its Way To $22 Soon? Egrag recently hinted in an X (formerly Twitter) post that XRP could rise […]
TL;DR The crypto platform OPNX, formerly known as Coinflex, announced its closure for February. Despite obtaining licenses, the exchange struggled with strict regulations. Criticism over associations with Kyle Davies and Su Shu, plus a $2.8 million fine, precipitated the cessation of operations. In an unexpected move for the industry, Open Exchange (OPNX), previously known as […]
Pomp and Sei Co-founder Jay Jog discussed the multi-chain, cross-chain future of the crypto-ecosystem, with Jog highlighting Bitcoin, Ethereum, and Solana as the three most relevant blockchains. Jog acknowledged the EVM as a significant and enduring technology in the digital space, but noted that Ethereum faces scalability and transaction speed issues, which Sei aims to […]
[PRESS RELEASE – New York, United States, February 2nd, 2024] Avantis Testnet saw more than $5.5 billion in trading volumes in just two months of testing since November, and the mainnet launch includes an industry-first product, Avantis Loss Protection Avantis, the next generation DEX for trading and market-making perpetuals for crypto and real world assets, […]
A widely followed crypto analyst and trader is offering his take on a decentralized machine-learning altcoin that’s jumped by triple digits in a fortnight. The analyst pseudonymously known as Altcoin Sherpa tells his 206,600 followers on the social media platform X that the Fibonacci retracement levels on the daily chart of Bittensor (TAO) are “holding […]
Several big Bitcoin chunks have been transferred to PayPal wallet from anonymous address
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. On Sunday, February 4, El Salvador’s presidential election will determine whether Nayib Bukele and his revolutionary […]
This transition marks a pivotal moment in the cryptocurrency's journey, attracting a flood of investors eager to secure their stake before its …
A Belarusian national is facing charges of money laundering conspiracy and running an unlicensed money services business, allegedly at the helm of the notorious digital currency exchange BTC-e. According to a report by the Office of Public Affairs at the US Department of Justice, the indictment spans from 2011 to July 2017, revealing a web […]
In the dynamic world of cryptocurrencies, the trajectory of digital assets can shift dramatically, as evidenced by the contrasting fortunes of Pushd (PUSHD), Arbitrum (ARB) and Cosmos (ATOM). This article delves into the reasons behind Pushd (PUSHD) meteoric rise while Arbitrum (ARB) and Cosmos (ATOM) experience downturns, offering insights into the current crypto landscape. Arbitrum […]
Chainlink has shot up over 12% to break $18 during the past day. A retest of the on-chain resistance wall at $20 could be next. Chainlink Has Outperformed Market With Its 12% Rally The past 24 hours have been green for most of the cryptocurrency sector, but the positive returns have been small for most […]
After months of recovery, Bitcoin’s price has failed to break above $48K and has been decisively rejected to the downside. Yet, the uptrend may be far from over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rejected from the $48K resistance level. Yet, the $40K support zone has […]
Analyst Ali Martinez says a key Bitcoin (BTC) indicator is now flashing green. Martinez tells his 42,900 followers on the social media platform X that Bitcoin’s Market Value to Realized Value (MVRV) indicator shows the price of the flagship crypto asset is likely to go up, if past is prologue. MVRV is the ratio of […]
Bitcoin flashing ‘buy the dip’ signal, per on-chain analyst Ali Martinez
Critics of the hugely-hyped Jupiter (JUP) airdrop have questioned the project’s tokenomics, likening the airdrop to an ICO style cash-grab. Jupiter founder, Meow, swatted away criticism on Thursday, suggesting his critics are uninformed. JUP token is currently down almost 70% from its highs, as sell pressure from airdrop recipients tanks price. Meow—the pseudonymous creator of […]
TL;DR Co-founder of Ripple, Chris Larsen, fell victim to a cyber attack on his personal account resulting in the theft of 213 million XRP, valued at $112.5 million. Binance takes decisive action by freezing $4.2 million in stolen XRP to support fund recovery and prevent unauthorized use. Binance CEO, Richard Teng, acknowledges cryptocurrency detective ZachXBT […]
TL;DR Bitcoin’s Realized Cap Nears ATH: Bitcoin’s realized cap, which reflects its true value, is currently 5.4% below its previous all-time high (ATH) of $467 billion. Slow Recovery in Current Cycle: The recovery speed of Bitcoin in the current market cycle (2023-24) has been slower than in previous ones. Steady Trading Range in 2024: Despite periodic peaks and […]
In a recent statement, former President Donald Trump made it clear that, if elected for a second term, he would not reappoint Jerome Powell as the Federal Reserve Chair. Trump has expressed his dissatisfaction with the current Fed Chair’s performance, and suggests that Powell will rate cuts in attempt to give Democrats an advantage in the […]
A Manhattan jury on Thursday found an Upper East Side woman guilty of funding terrorism after she used cryptocurrency to send financial support to …
The US federal prosecutors charged three individuals last month for their involvement in a $400 million hack of crypto exchange FTX using the SIM-swap technique. Although the court documents filed on January 24 named the crypto exchange “Victim Company-1,” a Bloomberg report confirmed it to be FTX. SIM-Swap Attackers Were behind FTX Hack According to […]
Solana is attempting a fresh increase from the $92 zone. SOL price could gain bullish momentum if it manages to clear the $100 and $104 resistance levels. SOL price started a fresh decline from the $106 resistance against the US Dollar. The price is now trading above $92 and the 100 simple moving average (4 […]
Guaranteed income programs are sprouting across the US as two large counties prepare to give millions of dollars to people who are tight on funds. The nonprofit Inland SoCal United Way is teaming up with the California Department of Social Services in a new pilot program designed to give away $10 million to residents of San […]
After witnessing a nice recovery all through last week, Avax tumbles and turns weak again due to the latest drops. It has registered a 7% loss in the last 48 hours and will likely shed more in the coming days. Last week, Avax took a little break from the dip and increased by more than […]
Ethereum’s price has been rapidly declining recently following a rejection from the $2,750 resistance level. While a further drop is probable in the short term, the overall bullish trend might not be over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the Ethereum price has been oscillating inside a large ascending channel. […]
However, analysts remain optimistic about the second-largest cryptocurrency, given the supportive momentum signals. In sum, while Bitcoin searches for …
News about all major SHIB projects spread by Shiba Inu team member after meeting with lead developer
TL;DR Jay Jog highlights the unique feature of Sei’s EVM Parallelization, which allows for high transaction speeds and enables developers to use ETH’s EVM. The blockchain company aims to scale Ethereum Virtual Machines similarly to Solana. The v2 upgrade will remove barriers for developers interested in implementing DeFi protocols on the Sei blockchain. In a […]
OPNX, a hybrid platform for trading bankruptcy claims and cryptocurrencies, has confirmed the closure of all its operations by February 14. The platform was launched by failed hedge fund Three Arrows Capital (3AC) co-founders last year. Another Failed Crypto Venture According to a CoinTelegraph report, the exchange emailed its customers, notifying them of the upcoming […]
Well I’ll be damned. 18 months down the road after Celsius paused withdrawals, it finally snaps out of what seemed an ever-lasting Chapter 11 Bankruptcy. Despite initial scepticism around its ability to recoup funds to investors, 98% of creditors approved the bankruptcy exit plan. As of February 1, Celsius has begun distributing over $3 billion […]
Chainlink (LINK) has seen a stellar rally in late 2023, and this trend appears to continue into early 2024. The oracle network continues its upward trend with key developments in real-world asset tokenisation and the expansion of its CCIP, enhancing its pivotal role in the blockchain industry. Further, Chainlink Automation Launch and DeFi Yield Index […]