The co-founders of the blockchain analytics platform Glassnode are expressing bullish sentiment on Bitcoin (BTC). Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the X social media platform, say that the gold-to-Bitcoin ratio has “taken off” and is currently on an upward trend. The gold-BTC ratio, currently at 18.8, is […]
The former billionaire paid four “macks” for a haircut before his trial while staying at the Brooklyn Metropolitan Detention Center.
Dogecoin is trading in the green today, which is a reflection of what on-chain data suggests maybe whales looking to propel the crypto to a rally. Recent on-chain data shows that institutional money might be returning to the meme token, as evident by the number of Dogecoin wallets holding large amounts of DOGE tokens. Institutional […]
Trading expert believes that XRP token is striving to break out, targeting $0.66
In a watershed moment for the cryptocurrency sector, Binance, the world’s largest cryptocurrency exchange, finds itself grappling with an array of penalties that set new precedents in regulatory enforcement. The U.S. Department of Justice, in collaboration with the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and the Commodity Futures Trading Commission (CFTC), has imposed record-breaking […]
TL;DR XRP Year-End Prediction: Analyst EGRAG CRYPTO forecasts XRP could rise to above $0.71 by year-end, a 15% increase, but warns of a potential drop below $0.55 before climbing. Previous Mega Pump Theory: Previously, EGRAG CRYPTO suggested a potential “mega pump” for XRP, raising its value to around $0.85. Other Analyst’s View: Dark Defender, another […]
Richmond RCMP say the armed suspects made off with cryptocurrency and luxury goods, leaving the "badly shaken up" victims with injuries.
According to on-chain data from CryptoQuant, a large amount of Bitcoin (BTC) has been transferred from Binance, the world’s largest cryptocurrency exchange by trading volume, to Coinbase, one of the leading US-based platforms. The move suggests that investors are anticipating the approval of a spot Bitcoin exchange-traded fund (ETF) in the US, which could boost […]
The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges.
The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice The El Hippo meme coin has seen a flurry of activity over the past week, reaching new prices and on-chain activity and gaining a major centralized exchange listing. HIPP holders are now up 65% on the month, […]
This Friday’s big Bitcoin options expiry event may impact markets since it is the end of the month. Moreover, BTC and its brethren have held on to recent gains despite a week of turbulent news. Friday is Bitcoin options expiry day, and around 108,000 contracts are set to expire. It is also the end of […]
New documents reveal that the prosecutors have filed documents seeking to ban former Binance CEO Changpeng Zhao from leaving the US. In a new court filing, the government argues that Zhao, a citizen of two other nations, poses a “substantial risk of flight” after pleading guilty to failing to keep adequate anti-money laundering protocols for […]
Taking to X on November 22, crypto chartist @MortensenBach presented a bullish outlook for Bitcoin (BTC), predicting that not only will the coin breeze past $70,000 in the coming months, but it will set a new all-time high, fanning demand for stocks of Bitcoin mining companies like Riot Blockchain, Marathon Digital, and the rest. Bitcoin Trading Above […]
The latest data compiled by CryptoQuant has highlighted a notable movement in Bitcoin reserves between Binance and Coinbase. The report revealed a decrease of 5,000 BTC in Binance’s reserves and an increase of around 12,000 BTC in Coinbase’s holdings. Analysts have attributed this trend to retail outflows from Binance, likely prompted by the legal concerns […]
Genesis Global Capital sues Gemini Trust for $689 million, alleging preferential transfers amid broader crypto disputes
Belgrade, the capital of Serbia, welcomes the inception of HUB21, a pioneering non-profit association dedicated to education, fostering research, and creating networking avenues within the global Bitcoin design and development ecosystem, according to a press release sent to Bitcoin Magazine. The association’s launch aims to bridge the gap in understanding and participation in Bitcoin within […]
Sam Bankman-Fried, who was convicted by a jury after only a few hours of deliberation, is currently waiting for his indictment in a cell at the MDC. Adjusting to a New Paradigm The former FTX CEO faces up to 120 years in prison, depending on Judge Kaplan’s decision. Until his sentencing – due in March […]
The heads of Australia’s largest crypto exchanges say a bull run is coming early next year — others say it’s already arrived.
A closely followed analyst says that the dog-themed meme asset Dogecoin (DOGE) is setting up the stage for a massive surge to the upside. In a new strategy session, crypto trader Ali Martinez tells his 33,200 followers on the social media platform X that the Shiba Inu (SHIB) rival’s surge of transactions exceeding $100,000 during […]
The new Binance chief executive maintains that the embattled exchange’s business fundamentals remain “very strong” despite recent regulatory headwinds. Richard Teng, who previously worked as Binance’s head of regional markets, was promoted to the CEO position earlier this week after the company’s previous chief executive, Changpeng Zhao, resigned. Zhao stepped down after agreeing to plead […]
Richmond RCMP say charges have been approved against a suspect after $10M in cryptocurrency was stolen during a home invasion.
Excellent expectations surround Bitcoin as investors line up in a largely optimistic camp, despite the recent challenges that have shaken the blockchain market. The million-dollar fine imposed on Binance for irregularities in its anti-money laundering protocols was seen by some as a blow, but for others, it represents a positive resolution to the exchange’s regulatory problems. […]
A CryptoQuant Analyst has identified a significant systemic buying trend in Ethereum, suggesting a rising influx of strategic investments into the blockchain network. Analyst Reveals Ethereum Systemic Buying Trend A crypto market observer and a contributing analyst at CryptoQuant, Maarten Regterschot has taken to X (formerly Twitter) to publish a systemic buying trend he witnessed […]
XRP defies on-chain signals to print massive price uptick
Crypto analyst Jamie Coutts says five key trends will drive the mainstream adoption of blockchain technology. Coutts, a former crypto market analyst at Bloomberg Intelligence, says on the social media platform X that payments, account abstraction, real-world assets, non-fungible tokens (NFTs)/gaming, and artificial intelligence (AI) will all accelerate global blockchain usage. In terms of payments, […]
Comparisons between the market capitalization of Bitcoin and publicly traded companies used to make me wince in frustration. Trying to contrast the world’s first successful digitally native currency to a single industry is narrow minded, let alone a single company. However, as I continuously surrender to the process of meeting people where they are on […]
Grayscale has submitted an updated filing for its forthcoming spot Bitcoin Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC) on November 22. The filing is an amendment, a type often utilized by firms that have met reporting requirements. Grayscale Submits Amended Filing Grayscale’s ETF proposal involves converting an existing investment vehicle. Recent […]
“I made a lot of money,” said Cramer who cleared a profit on Bitcoin despite urging investors to sell the cryptocurrency.
The CEO of the largest US-based crypto exchange, Brian Armstrong, says that Binance CEO Changpeng Zhao (CZ) and his company’s admission of guilt on federal charges is a significant development for the digital asset industry. On Tuesday, Binance agreed to pay over $4 billion in a settlement after pleading guilty to engaging in money laundering, […]
The crypto market has become part of the global financial landscape, with investors looking to purchase digital assets on different exchanges. However, for investors who value their privacy, buying crypto without completing a form of identity verification process can be challenging, especially with global regulators tightening their oversight of the industry. While the nascent sector […]
Cryptocurrency schemes cost consumers $3.8 billion last year, twice as much as in 2021 according to the Federal Trade Commission. Nelson said he …
According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple felony counts. The disgraced crypto-billionaire has reportedly been bartering, using food as currency in exchange for various services […]