The Bitcoin price experienced a notable downturn as selling pressure intensified, resulting in a decline of over 4% from its annual peak of $44,500. This downturn was further exacerbated by the loss of the crucial $42,000 support level. However, the largest cryptocurrency in the market received a substantial uplift from the US Financial Accounting Standards […]
One Ethereum (ETH)-based gaming altcoin soared as a crypto whale suddenly moved a massive amount of the project’s tokens off an exchange, on-chain data shows. As reported by blockchain tracking firm Lookonchain, layer-2 scaling solution ImmutableX (IMX) shot up 20% as a crypto whale made big moves. “The price of IMX increased by 20% today. […]
Understanding the volatility and movements of the crypto market, specifically in Ethereum (ETH) , has been an emotional roller coaster for investors during November and these first days of December. According to a detailed technical analysis, at the beginning of last month, Ethereum was trading around $1,800, sparking a bull run that looked promising. This […]
In a groundbreaking move, Galaxy, in collaboration with DWS and Flow Traders, has announced its intention to launch a regulated Euro-denominated stablecoin. This initiative, named AllUnity, is expected to unlock the potential of the on-chain economy and accelerate the adoption of digital assets. The crypto community is set to witness the introduction of a new […]
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Cardano’s ADA is significantly outperforming other altcoins with a notable 89% rally in a month, almost doubling its value and igniting speculations about reaching the one-dollar mark. Santiment’s analysis suggests that the ADA price surge followed a significant drop in small wallets, indicating a sell-off by small investors due to a lack of confidence. Paradoxically […]
Max Keiser announced he expects new Bitcoin historic peak coming, suggesting what may help BTC surge to reach it
“The SEC’s approach is wrong, and I think that they’re already paying for it,” stated Dr. Zvi Gabbay, a partner and the head of the Capital Markets Department at the Barnea & Co. law firm, in a critical commentary on the US Securities and Exchange Commission’s (SEC) current strategy in dealing with the cryptocurrency market. […]
Despite this week’s meltdown, Binance Coin (BNB) showed strength and continued to increase steadily. It is now forming a bullish pattern after charting a 10% gain in the past week. More gains lie ahead. BNB ended last week’s trading in a slightly bullish mode on the short-term after consolidating under $235 for two weeks. The […]
The crypto bear market is officially over, and Bitcoin (BTC) will pump “significantly higher” over the next 18 to 24 months, according to popular trading analyst and Reflexivity Research co-founder Will Clemente. In a thread posted to X on Wednesday, the trader highlighted various on-chain signals that crypto inflows are coming back, and BTC is […]
… cryptocurrency. The study compiled a list of more than 300 major companies known to accept cryptocurrency methods and categorized them into …
Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars.
Bitcoin saw a rather rapid correction at the start of the week which brought it back to the $40,000 level. This correction understandably shook up some investors in the market, who rushed to panic sell in order to avoid more losses. Once the selling began to die down, the price of the cryptocurrency has been […]
Decentralized Finance (DeFi) is like a revolutionary makeover for the financial world. Simply put, it’s a way of doing finance using a blockchain technology system where people can interact directly without relying on traditional financial institutions. Originally linked to cryptocurrencies, DeFi has now grown beyond just digital money. It has become a game-changer by including […]
Bitcoin (BTC) has been marked by a notable trend: the phenomenon of “HODL’ing”, which refers to the long-term holding of the cryptocurrency. Recent data from Glassnode reveals that over 70% of the circulating supply of Bitcoin has remained dormant for at least a year. HODLing remains the preferential market dynamics amongst #Bitcoin investors with mature […]
Coinbase, one of the leading crypto exchange platforms, has announced a significant expansion aimed at its International Exchange. This strategy’s main objective is to offer spot markets outside the United States to meet the specific demands and needs of its extensive global user base. The announcement highlights the introduction of spot trading operations for eligible […]
Users’ data privacy and the growing need for it to be protected is a topic that people worldwide are reminded of on a near daily basis. For example, just two days ago, on Dec. 11, Toyota warned customers about a potential data breach, stating that “sensitive personal and financial data was exposed in the attack.” […]
Blockchain Association Executive Director Kristen Smith foresees 2024 as a pivotal year for the crypto industry
… cryptocurrency/virtual digital assets as financial instruments, goods, or services."
BTC proponents argued to Jimmy Wales that banks may work, but they’re not available to everyone, and that storing BTC personally and storing fiat via banks are two different things.
HodlX Guest Post Submit Your Post Bitcoin (BTC), a prominent cryptocurrency, undergoes significant milestones referred to as ‘halving’ events, which wield substantial influence over its network dynamics. These events involve reducing the mining reward by half. Before 2020, miners received 12.5 BTC for successfully mining a block. In this article, we’ll delve into the economics […]
In an impressive feat, Shibarium, the Layer-2 solution within the Shiba Inu ecosystem, has achieved a significant milestone by surpassing 90 million transactions. This remarkable accomplishment solidifies Shibarium’s position as a thriving Layer-2 ecosystem, contributing to the evolving landscape within the Shiba Inu community. Since December 2, Shibarium has consistently maintained an impressive daily average […]
Bitcoin (BTC) has fallen sharply in the past few days, dropping below $42,000 as investors begin to take profits. This pullback brings Bitcoin back to the same level it was last Monday and has left analysts questioning if further declines are ahead. As such, some traders have shifted their focus to Bitcoin ETF Token (BTCETF), […]
Data Nerd Data on December 13 shows that over the past 24 hours, the wallet “0xea8” moved 200 million BUSD from Binance, the world’s leading cryptocurrency exchange by client count. The whale transfer caught the attention of keen crypto users, who also noted that the transfer was soon followed by a deposit of 99.95 million FDUSD, a […]
Three Arrows Capital co-founder Su Zhu has faced his first interrogation in a Singapore court and is reportedly set to be released soon.
A popular analyst is outlining one bullish scenario for Bitcoin (BTC) as the crypto king trades below $42,000. Pseudonymous analyst DonAlt tells his 55,300 subscribers of the TechnicalRoundup YouTube channel that based on historic price patterns Bitcoin could soar more than 45% from its current value. However, he warns BTC could correct soon afterward. “If […]
Top stablecoin USDT has flowed onto crypto exchanges in the past six months, a potentially bullish indicator, according to the crypto analytics firm Santiment. The firm notes that Bitcoin (BTC) has been moving back “mildly” onto exchanges this month due to trader uncertainty. Santiment, however, says that USDT exchange inflows have also countered the BTC […]
Dubai’s Virtual Assets Regulatory Authority (VARA) has awarded a virtual asset service provider (VASP) license to Bahrain-headquartered cryptocurrency exchange CoinMENA to operate and offer services in and from the emirate. The license acquired by CoinMENA FZE, the Dubai subsidiary of CoinMENA B.S.C., permits the platform to offer virtual asset broker-dealer services, the Dec. 12 announcement […]
David Mills struggled finding lawyers who'd take on SBF's case, describing the FTX cofounder as "the most hated person on earth but not Donald …
Blockstream, a global leader in Bitcoin infrastructure, has announced the Series 2 launch for its Bitcoin-denominated investment vehicle, the Blockstream ASIC (BASIC) Note, according to a press release sent to Bitcoin Magazine. This follows the success of Series 1, which witnessed investor demand exceeding expectations. The Series 1 phase, initiated in September 2023, saw Blockstream allocate a […]
AVAX price rallied over 50% and traded above the $40 level. Avalanche is now correcting gains, but the bulls might remain active near the $32 support zone. AVAX price gained pace above the $30 and $40 levels against the US dollar. The price is trading above $30 and the 100 simple moving average (4 hours). […]