Ethereum (ETH) has started 2024 with a bang, breaking out above $2,400 for the first time since May 2022. At the time of writing on January 2nd, ETH is trading at $2,425 – up over 5% in the last 24 hours. Bitcoin has also rallied over 7% to trade above $45,500. According to crypto analyst […]

Bitcoin ETF may stir BTC to break over 500 years of market history, analyst says

Fox Business reporter Eleanor Terrett believes the sentiment surrounding a spot Bitcoin (BTC) ETF approval in early January is low. It’s worth noting, however, that despite Terrett’s perspective, a considerable number of analysts expect the approval of such products during the same period. SEC is Reviewing Changes to S-1 Filings In a post on X, […]

An Ethereum (ETH)-based altcoin collapsed in value after the project’s team members moved thousands of tokens to the crypto exchange Coinbase, according to on-chain data. The blockchain data tracker Lookonchain says that the decentralized oracle protocol Tellor Tributes (TRB) went on a parabolic rally before a sudden massive correction, causing the liquidation of tens of […]

2024 saw a sharp increase in the price of Sei tokens due to a surge in demand. It reached a record high of $0.80, more than 700% higher than its 2023 low, and now has a market value of more than $1.7 billion. It now ranks among the most popular cryptocurrencies worldwide. Upon its launch […]

In an culmination of efforts at the intersection of Bitcoin and Artificial Intelligence (AI), the “Nexus – Bitcoin & AI Industry Report” has been unveiled by Spirit of Satoshi, the world’s first Bitcoin centric AI, highlighting significant advancements and debunking misconceptions within these realms. The report’s core emphasis revolves around the convergence of 280 participants […]

Cryptocurrency is a form of currency that exists solely in digital form, and is a high risk investment. Cryptocurrency can be used to pay for some …

Today, Bitcoin, the largest cryptocurrency by market value, surpassed the $45,000 mark, reaching a notable $45,899 level. Investors’ optimism about the potential approval of spot Bitcoin Exchange Traded Funds (ETFs) in the US played a substantial role in driving this notable surge. Several factors, including the influx of funds into publicly traded Bitcoin mining companies […]

By all accounts, crypto is at a crossroads. Across markets, the legal and regulatory landscape, and the Web3 startup ecosystem, there’s little disagreement among industry leaders that 2024 could shape up to be one of crypto’s most consequential years yet. Whether those events will finally lift the industry out of winter to new highs, or […]

A wallet believed to be owned by the largest stablecoin issuer Tether is sitting on $1.33 billion in Bitcoin (BTC) profits. Tom Wan, a digital asset strategy associate at 21.co, speculates that a specific wallet could be the home to Tether’s Bitcoin holdings. Wan notes that this specific wallet has only received BTC inflow from […]

The crypto industry is now set for a strong bullish run in 2024, with most analysts predicting assets to reach new all-time highs. As a result, investors are always on the lookout hoping to jump on cryptocurrencies that offer the potential for substantial returns. A recent social media post by a crypto analyst known pseudonymously […]

The crypto gambling platform Stake.com has ramped up its marketing efforts by securing the naming rights of Sauber’s Formula One car for the next two years. The sports sponsorship kicked off in 2024 ahead of the launch of the new racing season on 5 February in London. Stake.com Gains F1 Team’s Naming Rights Now known […]

Top trader and cryptocurrency podcaster Scott Melker expects Ethereum to surge 6x within next two years

Bitcoin has gained 7.2% over the past 24 hours to reach an intraday high of $45,498 during the Tuesday morning Asian trading session. Prices remained flat over the holiday weekend but have started to move as the first working week of the new year begins. The big move has pushed the world’s largest digital asset […]

Bitcoin is up over 150% in 2023, and that momentum has captured hearts and minds on Wall Street, resulting in a landmark rush for its firms to launch the first-ever Bitcoin exchange-traded fund (ETF). All eyes are now on the upcoming decision by the U.S. Securities and Exchange Commission (SEC) regarding the approval of a […]

A monumental transfer of over 4.2 trillion SHIB tokens by a whale has set the crypto world abuzz. Discover the implications of this mammoth move …

Crypto asset manager Bitwise says that an unnamed investor wants to seed hundreds of millions of dollars into its planned spot market Bitcoin (BTC) exchange-traded fund (ETF). According to a new S-1 document filed with the U.S. Securities and Exchange Commission (SEC), an unidentified investor is planning on seeding $200 million into Bitwise’s potential ETF, […]

Non-fungible tokens (NFTs) on the Bitcoin (BTC) blockchain saw blockbuster sales in the month of December, according to on-chain data. According to data obtained from blockchain data aggregator CryptoSlam, Bitcoin NFT sales reached over $881 million in sales last month, a new high for 2023. BTC NFT sales obliterated the previous sales record of $375 million […]

The escalating risks to the security of web3 have become significant concerns for the future of this decentralized internet paradigm. Beyond the financial implications, the losses incurred from hacking attempts on web3 and smart contracts have cast doubts on the dependability of this emerging technology.  Globally, the perception of web3 as the next phase in […]

Which top coins can keep today’s growth going?

To enhance cryptocurrency services, eToro, the global trading and investment platform, has announced a partnership with Tangany, a Munich-based fintech specializing in crypto custody solutions. The collaboration aims to provide secure and transparent crypto asset custody services for eToro users in Germany. Tangany to Provide Crypto Custody Solutions for eToro’s German Users Starting from the […]

The XRP price has been languishing in a protracted consolidation phase recently. Yet, a recently presented technical forecast by chart specialist Egrag Crypto suggests an impending shift in this trend may be on the horizon. The 5-day XRP/USD chart shared by Egrag suggests a potential price breakout, with a long-term price target above $22. Egrag’s […]

TL;DR As it typically happens when BTC goes hard in either direction, a certain cohort of over-leveraged traders feel the pain. The primary cryptocurrency soared past $45,000 for the first time in almost two years, leaving more than $140 million worth of liquidations on a daily scale. Bitcoin’s price stood still for over a week […]

As the dust from New Year’s fireworks settles, Bitcoin continues to surge, leaving its crypto peers behind with significant recent gains and optimistic forecasts. Some advised diversifying into promising altcoins while mainly focusing on top assets like Bitcoin and Ethereum. 2024 could shape out to be a significant year for crypto with events like Spot […]

The post Ava Labs CEO Weighs In on Cultural Significance of Memecoins, Says Crypto Assets Can Derive Value From Being Fun appeared first on Crypto News Australia.

In the crypto sphere, data revealed that hackers stole $2 billion USD in cryptocurrency throughout 2023. Rounding out the week was Bandai Namco's …

Popular crypto analyst Altcoin Sherpa says that one artificial intelligence (AI) project will definitely make new highs in the near future. The pseudonymous analyst tells his 203,000 followers on the social media platform X that Fetch.ai (FET) will benefit from a bullish narrative looking ahead into 2024. Fetch.ai is a blockchain-based AI platform that aims […]

The US government is piling debt onto its balance sheet at a blistering pace. The latest data from the Treasury Department shows the government’s debt jumped from $33.802 trillion on December 1st to $33.911 trillion on December 28th – an uptick of over $108.549 billion in a single month. As the country’s debt continues to […]

Tellor (TRB) went on a rollercoaster in the past 24 hours, with its price experiencing a surge and a drop that is comparable to that of price manipulation. As a result, the crypto surged to over $600 in the late hours of 2023 before crashing down to $137.  According to data from CoinGlass, TRB witnessed […]

Which altcoins can return to bull run soon?

As January unfolds, the cryptocurrency market braces for a flurry of token unlocks, marking a busy start to the year. Token Unlock, a reputable tracker of locked tokens, has disclosed details about upcoming token releases set for the initial week of January 2024. Token unlocks represent the liberation of tokens previously held in escrow or […]

Bitcoin is not the only digital asset making big gains at the beginning of the new year. A number of altcoins are also surging, and a handful of them have been leading markets for months, with analysts predicting huge gains in 2024. Total crypto market capitalization has reached its highest level since May 2022, as […]