With Bitcoin soaring to highest levels in nearly two years, some big investors in the cryptocurrency have seen their profit reach billions.
Longtime analyst @filbfilb shares his views on prospects of BTC price correction: What can cause it?
An analyst who continues to grow his following with timely Bitcoin (BTC) calls believes that the crypto king is poised to hit $50,000 soon. Pseudonymous trader Credible Crypto tells his 358,300 followers on the social media platform X that he’s looking at Bitcoin’s spot and derivatives market data after BTC rallied to a fresh 2023 […]
The National Audit Office emphasized that it took nearly three years for the UK Financial Conduct Authority to address illicit activity in crypto ATMs across the country.
MATIC, the native token of the Polygon network, has been on an exciting run in the past few weeks, like several other altcoins in the market. Despite the positive price performance, the cryptocurrency has not been able to return above the $1 mark, seemingly facing rejection at the $0.9 zone. However, it appears that the […]
Bitcoin price continued its upward movement of the past week following news that the US Securities and Exchange Commission (SEC) met with prominent asset manager Fidelity regarding its proposed spot BTC exchange-traded fund (ETF). The meeting, held on December 7, involved Fidelity presenting a detailed paper outlining the “in-kind” creation and redemption models for the […]
Investment management firm VanEck has unveiled its 2024 predictions, forecasting not only record-breaking highs for Bitcoin but also an anticipated peak in the NFT market, signaling a significant transformation in the industry. The introduction of spot Bitcoin ETFs is expected to align with the prolonged anticipation of a U.S. recession, while the forthcoming halving event […]
Summary The Terra Classic (LUNC) community is celebrating a new Perpetual Futures contract on BitMEX LUNC has already risen sharply since November. VC Spectra (SPCT) entices crypto hedge fund investors with various rewards and investment approaches. Terra Classic (LUNC) could capitalize on the current market bullishness following its new Perpetual futures contracts on BitMEX. Analysts […]
A trader has recently drawn significant attention in the cryptocurrency community for amassing approximately $2.5 million in profits, a 6,102% …
Seasoned DeFi researcher indicated opportunities and challenges associated with Grok AI usage in studying crypto tokens
Cryptocurrency analyst and trader Justin Bennett is warning that Bitcoin (BTC) could reverse its uptrend after another move to the upside. Bennett tells his 110,600 followers on the social media platform X that Bitcoin could see one more leg up before undergoing a corrective move. The analyst shares a chart showing that Bitcoin is currently […]
Unwrap the magic of how blockchain reshapes the landscape of Christmas giving, bringing innovation and efficiency to the age-old tradition.
The price of some digital assets has reached an all-time high due to the recent growth in the bitcoin market. The unprecedented upswing in the cryptocurrency market has not only been good to tokens of decentralized protocols, but also meme coins like Bonk Inu (BONK). Today marked a new high for the token as its […]
BlackRock and Grayscale recently met with the Securities and Exchange Commission (SEC), presumably to discuss the approval requirements for their spot Bitcoin ETF applications. Coinbase, which offers both Bitcoin custody and Bitcoin brokerage products, has emerged as the proposed custodian for the Bitcoin assets of several ETF applicants. Mike Belshe, CEO of BitGo, recently raised […]
Daniel Akira Mills, 22, was sentenced to two years for a SIM swap cryptocurrency heist, stealing over $600000 and must pay $530000 restitution.
The US Securities and Exchange Commission (SEC) recently postponed its decision regarding Bitcoin ETFs. While many are skeptical about the SEC’s stance, others believe this would give way for mass approval. Meanwhile, Synthetix and Pullix are looking to benefit from the launch. The DeFi coins are hoping to see more rallies post-launch. Bitcoin (BTC) ETF […]
Illustration by Mitchell Preffer for Decrypt. Bitcoin continued to rally this week—and pushed up meme coins while it was at it. The biggest cryptocurrency by market cap is now trading for $44,021 per coin, according to CoinGecko. Over the past 24 hours, that’s a rise of less than 1%. But over the week, it has […]
One “lucky” trader is drawing attention for taking huge profits in just one month by trading a new Dogecoin (DOGE) and Shiba Inu (SHIB) rival. According to the blockchain-tracking service Lookonchain, the trader racked up about $2.5 million in profits, or a 6,102% gain, by buying and selling Grok (GROK), a token inspired by, but unrelated, to […]
Crypto analyst Ali Martinez is expressing bullish sentiment on Solana (SOL) amid triple-digit-percentage gains by the Ethereum (ETH) competitor this year. Martinez tells his 34,500 followers on the X social media platform that Solana could surge by around 25% from the current level if the bullish momentum is maintained. “A sustained close above $68.20 will […]
On December 5, 2023, Lugano, a Swiss City, announced the incorporation of the cryptocurrencies Bitcoin (BTC) and Tether (USDT) for tax and other municipal fee payments. This makes part of Lugano’s collaborative plans with Tether, Plan B, fashioned to revitalize the City’s financial system using Bitcoin tech. Lugano Dives into the World of Crypto Before […]
Bitcoin has risen more than 60% since middle of October
Altcoins such as Cardano (ADA) had a widespread increase in value, similar to the altcoin cycle observed in early November. This cycle occurred when the momentum of Bitcoin slowed down, prompting traders to secure profits and allocate their investments towards smaller cryptocurrencies. Because of the consistent price of Bitcoin (BTC), which encouraged capital rotation to […]
Bitcoin analysis suggests that all may not be well for BTC price strength as altcoins make their move.
Bitcoin, the world’s largest cryptocurrency, is predicted to reach new heights by late 2024, according to VanEck, a renowned investment management firm. The firm’s analysts anticipate a significant influx into Bitcoin exchange-traded funds (ETFs), which could propel Bitcoin to a new record high. VanEck projects significant capital inflows into Bitcoin ETFs, indicating a robust Bitcoin […]
The SEC warns of high risks and a lack of regulatory compliance in crypto asset securities. They highlight the absence of traditional investor …
Prominent crypto analytics platform Santiment says one metric is indicating Bitcoin (BTC) may witness another leg up. Santiment says that an increase in “bull trap” mentions on social media platforms is indicating a spread of fear, uncertainty and doubt (FUD) for the crypto market. However, the market intelligence firm says that periods following increased FUD […]
Amidst the recent upswing in the broader cryptocurrency market, Solana (SOL) has mirrored the trend, with growth exceeding 60% in the past month. Investors seeking insights into the next potential price target for this digital asset may find information in a post on X by cryptocurrency analyst Ali Martinez on December 7. #Solana is approaching […]
Cardano price continues its rebound move in December, with ADA price up 75% already as altcoins catch up to Bitcoin’s rally.
Mining Bitcoin is the cornerstone of the BTC network, providing both security and new Bitcoins into circulation. This essential process involves powerful computers solving complex mathematical problems to validate transactions on the network. As a reward for this computational work, miners receive new bitcoins, making it a potentially lucrative endeavor. In this guide, we will […]
Cardano (ADA) rockets 39% in eight days, shaping up for its best December in seven years
In the current bull market frenzy focusing on Bitcoin and Ethereum, a quieter yet significant surge is happening with SOL, the primary token of the Solana blockchain. Despite previous connections to disgraced crypto tycoon Sam Bankman-Fried, Solana has managed to thrive, reaching unprecedented levels and attracting a growing number of users to its network. VanEck […]
Stablecoin issuer Tether has announced another step toward cooperation with law enforcement and regulatory agencies by initiating a voluntary wallet-freezing policy, according to a blog post on Dec. 9. Since Dec. 1, Tether has been offering on the secondary market controls to freeze activity connected with Sanctioned persons on the United States Office of Foreign […]