The Chair of the U.S. The Securities and Exchange Commission (SEC) says Bitcoin (BTC) isn’t as decentralized as the public believes. In a new interview on CNBC, Gensler says the top crypto asset by market cap is “not that decentralized,” partially due to the prominence of centralized crypto exchanges. “[Bitcoin] is not that decentralized…look at […]
European banking fintech company Revolut is reportedly planning to list Bonk, the biggest meme coin associated with the Solana blockchain, and initiate a $1.2 million campaign to encourage its users to familiarize themselves with the cryptocurrency, as per a source knowledgeable about the situation. Revolut’s Plans for Listing and Learning Initiative The proposed “learn” campaign […]
Bitcoin’s open interest has surged past $11 billion for the first time in over two years. This uptick comes when the world’s most valuable coin surges, recently easing past $51,000, the highest level since December 2021. Surging Open Interest And Order Book Imbalance According to Kaiko, a leading crypto analytics provider, this upswing in open […]
TL;DR Cathie Wood’s prediction about the limited approval of exchange-traded funds (ETFs) for Bitcoin and Ethereum by the SEC has attracted investors’ attention. Wood suggests that BTC and ETH have a clear advantage in gaining approval for their exchange-traded products in the US, while other cryptocurrencies may face more regulatory challenges. The demand for Ethereum […]
TL;DR BlackRock’s iShares Bitcoin Trust (IBIT) has become the first spot Bitcoin ETF in the U.S. to hold over 100,000 BTC, marking a significant milestone in its journey since its launch on Jan. 11, 2024. IBIT has seen a massive surge in demand from investors, amassing 105,280 BTC in holdings on Feb. 13, a staggering 3,700% increase since its debut. Unlike other spot […]
The price of IMX has surged by more than 10% today and 32% over the past week, marking a significant uptick following a period of neutral trend. This notable increase indicates a growing bullish sentiment surrounding the currency, fueled by increased bull power within the cryptocurrency industry. In tandem with the price surge, Immutable’s 24-hour […]
Cardano rallied this week and managed to book a price increase in double digits. Can it go higher still? Key Support levels: $0.46 Key Resistance levels: $0.60 1. Key Resistance in Sight ADA started a sustained rally after finding good support at 46 cents and has managed to move higher to approach the resistance at […]
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic region,” the SEC chief noted, adding that we don’t have the same in bitcoin. […]
Technical analysis can help predict cryptocurrency market movements; Halving event has the potential to propel Bitcoin to $120000.
FutureBit, a leading provider of consumer-focused Bitcoin products, has unveiled its Higher Ed Pilot Programs in collaboration with universities across the United States, according to a press release sent to Bitcoin Magazine. This initiative marks one of the first instances of bringing Bitcoin hardware into academic settings, with Rutgers University Business School being among the […]
Billionaire entrepreneur Peter Thiel’s investment fund reportedly purchased $200 million worth of Bitcoin (BTC) and Ethereum (ETH) right before crypto prices took off last year. Citing sources with direct knowledge of the matter, Reuters reports that Thiel’s Founders Fund bought $100 million worth of BTC and $100 million worth of ETH in Q3 and early […]
Macroeconomist Alex Krüger is detailing his outlook on how Ethereum (ETH) could pick up the pace from it’s slower than expected performance. In a new interview on the Bitcoin Suisse podcast, Krüger says Ethereum is currently the “slow horse” of the digital assets market, largely due to its size and its already-established presence in the […]
Cardano has faced some heavy opposition of late, but has broken free of negativity to post positive quarterly results in key metrics. Messari data contradicts previous “zombie chain” claims, with a report revealing rising user activity in certain ecosystem apps. A big sign of improved engagement has been the increase in TVL, up 700% YoY. […]
Coinbase has temporarily suspended the gaming platform PlayDapp’s token trading and transfer activities after the recent hack that resulted in the theft of 200 million PLA tokens. Recent updates from the Web3 platform have shared some insight into the investigation process. Suspension Of Trading Activity On Coinbase On Thursday, the news of the hack was […]
[PRESS RELEASE – London, UK, February 14th, 2024] Layer1 blockchain BlockDAG has announced that it has raised $1M in its ongoing presale and shared details of a $2M giveaway. The $1M total was raised in the first day of the presale, which has given the public their first opportunity to acquire BDAG tokens. BlockDAG is […]
Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover, the Fed chair reportedly said that a framework for stablecoins is needed. Fed Chair Powell on US CBDC and […]
Renowned author and Bitcoin advocate Robert Kiyosaki issues dire warning: Brace yourselves for potential 70% collapse of S&P 500 index
Prominent Bitcoin bull Michael Saylor recently doubled down on his sky-high price target of $100,000 for the leading cryptocurrency.
Crypto analyst Kevin Svenson believes Bitcoin (BTC) could rally to a key resistance level ahead of the halving event. In a new strategy session, the trader tells his 72,000 YouTube subscribers that the flagship digital asset’s upward momentum could take it to $60,000 before the April halving event, when miners’ rewards are cut in half. […]
TL;DR EigenLayer attracts $4.3B in 10 days, becoming the fifth largest protocol in DeFi. Staking limit removal drives growth, with $1.9B in WETH and $2.7B in stETH locked in the protocol. Restaking interest soars; TVL of $10B on platforms like EigenLayer reflects demand for higher returns on staked assets. The decentralized finance (DeFi) sector continues […]
Investing $2000 in Ethereum (ETH), Injective (INJ), and Option2Trade (O2T) is a strategic move for those seeking to maximize returns in the cryptocurrency market. These platforms offer unique advantages and potential for 200x returns, showcasing the growth of groundbreaking technologies that could shape digital finance. Ethereum (ETH), Injective (INJ), and Option2Trade (O2T) offer substantial returns […]
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. New regulations from the British Financial Conduct Authority (FCA) have taken effect over UK businesses that […]
Cardano (ADA) showcased remarkable progress during the fourth quarter (Q4) of 2023, surpassing its competitors and demonstrating impressive growth in key metrics, according to a Messari report. Average Daily Transactions Soar In Q4 The report highlights that ADA’s revenue in USD increased by 66.7% quarter-over-quarter (QoQ), driven not only by ADA’s price action but also […]
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase today, and 21% over the past month. Bitcoin Bitcoin (BTC) has demonstrated remarkable resilience and growth, with its price […]
Robinhood swings to profit with a boost from cryptocurrency deposits, topping expectations with $30 million in earnings and a 24% revenue jump to $471 million
The price of 1 NewGold token could rise to $100000 in the near future, and could reach $1000 in few weeks from now.
One of the co-founders of Ethereum just moved over $38 million in ETH to the crypto exchange Kraken as digital asset markets move higher. First spotted by blockchain tracking firm Arkham Intelligence, Jeffrey Wilcke, one of the original founders of Ethereum, sent 10,000 ETH worth $27.52 million to Kraken early Wednesday morning. And over the […]
A widely followed crypto trader believes that a trio of altcoins are gearing up for big moves to the upside. Pseudonymous analyst Kaleo tells his 620,300 followers on the social media platform X that he’s bullish on the native asset of ORDI (ORDI), a crypto project that aims to bring non-fungible token (NFT) capabilities to […]
[PRESS RELEASE – Nicosia, Cyprus, February 14th, 2024] Hypeloot is proud to announce that it has processed over 50 million bets for over 100,000 Users worldwide, since it’s established in 2022. Being one of the fastest growing Cryptocurrency casinos, Hypeloot releases new game modes almost every week and has experienced a recent surge in growth which […]
Discreet Log Contracts are an old concept in this space at this point, proposed by Thaddeus Dryja (co-creator of the Lightning Network protocol) in 2017. DLCs are a smart contract structure designed to address three issues with contract schemes prior to the proposal: firstly the scalability of the smart contract itself, which required larger on-chain […]
On-chain data shows a Litecoin whale has made a large deposit to cryptocurrency exchange Binance, which could add to the coin’s decline. Litecoin Whale Has Transferred 100,000 LTC To Binance Today According to data from the cryptocurrency transaction tracker service Whale Alert, a large transfer has been spotted on the Litecoin network during the past […]