Former President Donald Trump pledged to oppose the creation of a CBDC, citing it as a threat to freedom and a tool for government overreach. Ex-presidential candidate and crypto advocate Vivek Ramaswamy, after ending his campaign, is rumoured to potentially join Donald Trump. This has stirred up excitement in the crypto community about the prospect […]
Crypto analytics firm IntoTheBlock says that key metrics show Bitcoin (BTC) is not in a full-on bull market. IntoTheBlock says that Bitcoin’s current fundamentals are dissimilar from those during historical bull markets as the crypto king stalls around the $40,000 level. “A lack of volume compared to previous bull markets, a limited decrease in long-term […]
Norman Reed, Interim CEO of Binance.US, has launched a scathing critique of the Securities and Exchange Commission’s (SEC) strategy for regulating digital assets, characterizing it as fundamentally flawed and harmful to the US economy. Reed, a former SEC employee, has articulated his concerns in a strongly worded op-ed for Fortune, pointing out the agency’s departure […]
Amid the swinging pendulum of coin prices in the crypto market, investors are looking for tokens with high chances of returning profit in the future. Solana (SOL) and Lido DAO (LDO) are among the tokens that have shown signs of a rally in sight. Meanwhile, Pullix (PLX) is stirring frenzied excitement among investors as the […]
Memecoin fever is running red hot, and investors unfamiliar with memecoins need to brush up. Hot money is chasing the next narrative, and while dogwifhat ($WIF) soars 350% and Floki ($FLOKI) is up 33%, newer ICOs are also popping up. Galaxy Fox ($GFOX) is a classic example of an on-chain presale cryptocurrency offering an interesting […]
In an encouraging development for the crypto space, Tether, the issuer of the world’s largest stablecoin USDT, has doubled down on its Bitcoin investment momentum by acquiring a staggering 8,888 BTC, further diversifying its portfolio. Tether Increases Its Bitcoin Holdings Tether has recently made its third largest Bitcoin purchase, as the stablecoin issuer added a […]
Bybit , a prominent cryptocurrency exchange, recently announced the addition of Saros (SAROS) to its Spot trading platform.
Can traders expect bounce back of Bitcoin (BTC) shortly?
The U.S. Securities and Exchange Commission (SEC) is delaying its decision on banking giant Fidelity’s spot market Ethereum (ETH) exchange-traded fund (ETF) until March. In a new document, the regulatory agency says that it needs more time to consider approving such a product – which was originally proposed in November and would see Fidelity’s ETH-based […]
Cardano, the eighth-largest cryptocurrency by market capitalization, has ushered in 2024 with a series of updates and releases that promise to improve the platform’s performance, scalability, and interoperability. The first notable update is version 0.15.0 of Hydra, a Cardano Layer-2 protocol designed to increase transaction processing capacity and overall efficiency. First #Hydra release of 2024, […]
The US federal appeals court has ordered the appointment of an independent bankruptcy examiner to investigate the collapse of FTX, the cryptocurrency exchange once headed by the now-convicted Sam Bankman-Fried. This decision, reversing a prior ruling, followed the alleged misappropriation of a staggering $10 billion in customer assets, bringing to light a case with profound […]
Bitcoin bulls fail to take us higher, leading into the back end of the week. Bitcoin now puts in a new low for 2024. Looking at the historic performances of Bitcoin in Q1. Layer-2’s have recently been on the top performers list, and NFTs are slowly making their presence known. Analysis for $ARB and $BLUR. […]
A survey by El Salvador reveals that while living standards have improved, Bitcoin usage remains limited, with most users making few transactions, primarily for groceries and pet supplies. The survey indicates that most Salvadorans believe their economic situation has remained the same in 2023, with a small percentage attributing improvements to factors other than Bitcoin. […]
A Dogecoin (DOGE) millionaire is diversifying into the Pushd (PUSHD) presale amid changing crypto trends. Dogecoin is gaining traction on Binance, while predictions of a Shiba Inu (SHIB) decline and a potential SHIB ETF circulate. In the middle of all these dynamics, Pushd is set to disrupt e-commerce through decentralization. After selling out the first […]
A hacker took the reins of VeChain’s (VET) X social media account on Thursday morning and promoted a fake giveaway opportunity. The hacked social media post encouraged digital asset investors to send between 100,000 and 5,000,000 VET to an “official contribution address,” falsely claiming they would be airdropped back twice the amount they contributed. “VeChain […]
Metamask launched Validator Staking support on its wallets as of January 18. Users who wish to stake their tokens will need to have at least 32 ETH in their wallets to do so, which is the minimum requirement of the Ethereum network itself. Introducing Validator Staking on MetaMask Portfolio. With a 32 ETH deposit, we […]
… cryptocurrency. But Bitcoin remains an enigma to most everyday investors, and it's hard to separate the buzz from any true potential. It's also …
As cryptocurrency segment takes breath after short-lived ETF-inspired rally, Flare’s FLR becomes top performer in CoinMarketCap’s top 100
Solana is moving lower from the $120 resistance. SOL price is showing a few bearish signs and might decline sharply toward the $80 support. SOL price started a fresh decline from the $120 resistance against the US Dollar. The price is now trading below $102 and the 100 simple moving average (4 hours). There is […]
In recent weeks, a noticeable change has been observed in the preferences of European Bitcoin (BTC) investors, who are redirecting their investment strategies towards the recently approved Bitcoin ETFs in the United States. According to a recent interview on TheBlock with CoinShares research associate Luke Nolan, outflows from Bitcoin exchange-traded products (ETPs) in Europe have […]
Ripple has temporarily halted its plans for an initial public offering (IPO) due to what is described as a ‘hostile’ regulatory environment in the United States. The delay is attributed to the ongoing legal battle with the US Securities and Exchange Commission (SEC). IPO Plans Deferred amid US Regulatory Challenges Ripple, the blockchain-based firm behind […]
The co-founders of the crypto analytics firm Glassnode think Solana (SOL) could outperform Ethereum (ETH) by up to 5x in the current bull run. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say the SOL/ETH chart suggests the SOL/ETH ratio could surge. “In other words, […]
The Chevron doctrine, granting government agencies broad regulatory power, has been challenged. The crypto industry is closely watching, as the world hopes for less regulatory intervention if doctrine weakens The original case came about in 1984, when fishermen took the NMFS to court for forcing them to pay a daily fee of USD $700. When […]
Stablecoin giant Tether quietly bought over $360 million worth of Bitcoin (BTC) at the start of the year, according to on-chain data. The purchase brings the company’s total Bitcoin holdings up to 66,400 BTC worth $2.7 billion. Tether’s Massive Bitcoin Buys According to Bitcoin market intelligence provider CryptoQuant, a blockchain address previously identified as Tether’s […]
Now that Bitcoin ETFs have eclipsed silver ETFs, industry leaders predict it is only matter of time before they outshine gold as top commodity ETF
The Bitcoin price experienced a further sell-off yesterday and fell by more than 5% intraday to as low as $40,660. Since the year-to-date high of $49,000 on January 11, the BTC price has dropped by as much as 17%. However, according to renowned crypto analyst Jacob Canfield, this may not be the end of the […]
The cryptocurrency market is going through a volatile phase at the moment. Bitcoin's recent approval of spot Exchange-Traded Funds (ETFs) was …
As of the latest data, the XRP Ledger, Ethereum, and Bitcoin are all witnessing profit levels above 80%, a scenario not seen since March ’22. The current supply in profit for Bitcoin stands at 83%, Ethereum at 84%, and XRPLedger at 81%. Historically, these levels are considered high-risk profit zones, notably surpassing the typical 55%–75% […]
B2Prime Group’s, a liquidity provider, subsidiary B2B Prime Digital MENA has been granted “Initial Approval” for licensing from the Dubai Virtual Assets Regulatory Authority (VARA). The approval covers a spectrum of activities, including Virtual Asset Exchange Services, Virtual Asset Broker Dealer Services, and Virtual Asset Transfer and Settlement Services. VARA’s Initial Approval: B2B Prime Digital […]
One Solana-based (SOL) altcoin is surging just after the top US crypto exchange platform Coinbase announced it would be officially listing it. Earlier this week, Coinbase announced that it would be supporting Hivemapper (HONEY), a decentralized global mapping network built over the Solana blockchain. “Hivemapper (HONEY) is now live on http://coinbase.com and in the Coinbase […]
Amid extreme weather events in Texas, the Bitcoin network experienced a significant decrease in its hash rate. During the day of January 17, 2024, the hash rate stood at 440.28 million terahashes per second (TH/s), marking a drop from 454.83 million TH/s the previous day. Despite this daily reduction, the annual outlook shows a notable […]
In a significant development, Algorand, a leading layer-1 blockchain network, has successfully implemented its Dynamic Lambda update. This game-changing upgrade has substantially reduced block creation times, making Algorand faster than Ethereum. Dynamic Round Times (aka Dynamic Lambda) This protocol upgrade, which went into effect today, will increase network performance, meaning higher throughput and lower block […]