Bitcoin is currently witnessing a decline in price, with its value dropping below the $42,000 mark. This movement comes on the heels of a significant uptick in the circulating supply of profitable Bitcoin, prompting a wave of profit-taking among investors. ETC Group’s Head of Research, André Dragosch, highlights this trend, noting an increase in Bitcoin […]

Bitcoin price opened the week with a sharp sell-off, but on-chain and technical data points to a much-needed cooling-off period.

A widely followed crypto trader believes Chainlink (LINK) is setting the stage for another move to the upside. In a new video strategy session, crypto analyst Michaël van de Poppe tells his 162,000 YouTube subscribers that LINK is showing strength against Bitcoin (LINK/BTC), indicating more upside potential for Chainlink’s USD pair. “In 2019-2020, we can […]

22.8 million XRP tokens, equivalent to $14.23 million, were quietly transferred from unknown wallet to Bitstamp, preceding 8.1% decline in XRP’s price

Investment products in digital assets maintain their upward trend during week 161, marking their eleventh consecutive week of inflows, although with a significant decrease compared to previous weeks. In total, $43 million in inflows were accumulated. This phenomenon was influenced by a notable increase in short position inflows, generated by the recent price appreciation and […]

The crypto market experienced a significant crash with major cryptocurrencies like Bitcoin, Ethereum, and others losing up to 10% in value. Some, like ADA and SOL, still show a positive weekly trend, with market analysis suggesting potential for quick recovery despite the risks associated with ‘buying the dip’. Although the crash wiped out significant investments, […]

Bitcoin market volatility is back and the asset has plunged more than 5% since the beginning of this week. The big dump has been largely driven by derivatives traders and over-leveraged positions. Therefore, the flushout could be considered healthy for markets. Crypto markets are down again today and while the correction was predicted by analysts, […]

After a strong performance in November, both THORChain and Kaspa have faced price declines over the last week. This has caused a decrease in trading volume for both projects as investors look to diversify their portfolios. However, this downtrend is a big opportunity for Everlodge, one of the DeFi markets fastest growing presales. Here’s why. […]

December 11, 2023 – Amsterdam, The Netherlands In a significant milestone for the blockchain music industry, Sonorus has announced the upcoming listing of its SNS token on Kucoin, one of the leading cryptocurrency exchanges globally. This listing, scheduled for December 12, 2023, at 10:00 a.m. UTC, marks a major step in Sonorus’s journey, reflecting its growing prominence […]

Top global crypto exchange Binance is about to list a new gaming-related altcoin project, according to the company. In a new announcement, Binance says that it will add Fusionist (ACE) to its Launchpool platform, which allows users to stake coins in exchange for new ones. ACE is the native token of Endurance, a decentralized gaming […]

The asset management arm of M&G PLC said it had invested $20 million into a U.K. cryptocurrency derivatives trading platform, marking a step …

In a subtle yet significant move, Google has quietly adjusted its Crypto Ad Guidelines, ahead of the anticipated launch of a Bitcoin Exchange-Traded Fund (ETF) in the US.  Beginning January 29, 2024, the search giant’s revised policy will permit advertisers offering “Cryptocurrency Coin Trusts” targeting the United States, provided they meet specific requirements and gain Google’s […]

The crypto market has seen a plunge today, and it would appear that social media users have reacted by calling to buy this “dip.” Coins Across The Crypto Sector Are In The Red Today According to data from the on-chain analytics firm Santiment, social media mentions of “buy the dip” have gone up following the […]

The legislation, reintroduced in July, already has the support of several U.S. lawmakers, but critics have suggested it could threaten financial freedom and privacy.

The cryptocurrency market has bounced back in the past 12 hours, with Bitcoin (BTC) regaining the $41,000 level. Cardano (ADA) has also ridden the bullish wave upwards, soaring 13% from Monday’s low. However, it’s not just established cryptos benefiting from renewed momentum – with presale project Bitcoin Minetrix (BTCMTX) continuing to turn heads thanks to […]

Ripple CTO on Bitcoin (BTC): Will you ‘Smash or HODL?’

Italy’s fintech company, Conio, has partnered with Coinbase to boost its presence in the country’s digital asset market, particularly for banks and financial institutions. Conio, partly owned by Poste Italiane and Banca Generali, has incorporated Coinbase Prime as its liquidity provider. According to a statement sent to Finance Magnates, this agreement includes a plan to […]

Binance, the world’s leading cryptocurrency exchange, has announced Fusionist (ACE) as its 40th Launchpool project. Fusionist, a rapidly growing community with 800,000 members in just five months, has successfully launched its three NFT series and existing Beta testing on the video game distribution platform, Steam. Introducing @fusionistio $ACE on #Binance Launchpool! Farm #ACE by Staking […]

Throughout the last months of 2023, the price of Polygon (MATIC) has experienced a journey marked by a series of significant movements in its value, reflecting a trend that has captured the attention of crypto market investors and analysts. Currently, MATIC is trading at $0.86, registering an increase of 3.62% in the last day. It […]

Bitcoin core developer Luke Dashjr has denied playing any part in adding Bitcoin inscriptions as a cybersecurity risk on the United States National Vulnerability Database’s (NVD) Common Vulnerabilities and Exposure (CVE) list. Dashjr courted controversy in a Dec. 6 post to X (formerly Twitter) claiming that Inscriptions — used by the Ordinals Protocol Ordinals and […]

The Central American pro-crypto nation of El Salvador is a step closer to issuing its volcano Bitcoin bonds. The investment vehicle has finally been given regulatory approval paving the way for bond issuance. On Dec. 12, the National Bitcoin Office (ONBTC) of El Salvador announced that the Volcano Bond has received regulatory approval from the […]

Digital assets manager CoinShares says that digital asset investment products just experienced their eleventh consecutive week of inflows. In its latest fund flows report, CoinShares says digital asset investment products saw inflows of over $40 million last week. “Digital asset investment products saw inflows totaling US $43 million, the 11th consecutive week of inflows, but a […]

Tether, the largest stablecoin issuer in the world, has launched a new wallet-freezing policy that aims to combat activity connected with entities sanctioned by US regulators. In an announcement, Tether says the initiative targets persons on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List. Tether also says that the move is […]

In the wake of a more than 5% decline in the past 24 hours on Monday, Ethereum ($ETH), the second-largest cryptocurrency, underwent a noticeable correction. Despite this dip, the resilience of investors to capitalize on the lower prices suggests that the market’s bullish momentum may not be dissipating. According to insights from Lookonchain, a savvy […]

Bitcoin may have momentarily paused to catch its breath after reaching an impressive $45000 earlier this week. But the total market cap doesn't …

The “bitcoin uses fossil fuels” argument has been increasingly breaking down in the face of new data from Bloomberg Intelligence showing the network is in fact the most sustainable-energy backed industry on the planet with 53% energy coming from sustainable sources. In response to this news, a new attack vector has emerged: “Bitcoin uses too […]

Earlier today, Bitcoin (BTC) flash crashed to as low as $40,400 before rebounding to spot levels. This sudden drop triggered what Mike Alfred, a crypto value investor, said was a “textbook washout” necessary to liquidate speculators. The drop and bounce, Alfred further explained, has “wiped out open interest and is exactly what you want to see” before […]

Wylie Aronow said he’s been seeing a number of tweets this week asking when he’s planning to return to the helm at Yuga Labs.

Galaxy Digital’s Mike Novogratz retracts his skepticism about XRP, now lauding its strong community and Ripple’s stewardship

Amidst a market-wide correction, Avalanche’s native token – AVAX – has emerged as an outlier, surging by almost 12% over the past day, pushing its yearly gains to 165%. The asset was currently trading at $35.63 – a level not seen since May 2022. AVAX has not only bucked the prevailing trend but also thwarted […]

Binance P2P has decided to discontinue support for Russian Ruble (RUB) trading pairs, including pairs like USDT/RUB, FDUSD/RUB, BNB/RUB, ETH/RUB, BUSD/RUB, RUB/RUB and BTC/RUB effective from January 31, 2024, 00:00 (UTC). This decision follows Binance’s sale of its Russian operations to CommEX. Binance P2P Users Shift to CommEX without Charges Post the discontinuation of support, […]

Morgan Creek Capital founder Mark Yusko says that JPMorgan CEO Jamie Dimon and other figures of the traditional finance industry are worried about the rise of Bitcoin (BTC) and crypto assets. Recently, Dimon said in a testimony to Congress that digital assets are for criminals, and if he were the government, he’d “close it down.” […]