Cryptocurrency analyst and trader Ali Martinez says that one top-10 altcoin by market cap is flashing a bullish signal after a weeks-long downtrend. Martinez tells his 43,600 followers on the X social media platform that XRP is “poised for an upswing” that could last “one to four weeks” based on the Tom Demark (TD) Sequential […]
TL;DR Aave’s GHO Stablecoin Reaches $1: Aave’s GHO stablecoin has achieved parity with the US dollar, marking a significant milestone in the decentralized finance (DeFi) sector. Impact on the DeFi Landscape: The achievement of dollar parity signifies a level of stability that makes GHO a more viable option for transactions. Future of Aave and DeFi: […]
Ethereum could soon be classified as a digital asset security, a concept originally highlighted by former SEC Chair Jay Clayton. Prometheum, a New York-based company, is strategically pushing for ETH to get this classification through its plan to launch custodial services for ETH. This would position the company advantageously in the market and possibly prompt […]
Veteran cryptocurrency exchange Bitfinex adds WIF/USDT and WIF/USD pairs to its service
The Securities and Exchange Commission (SEC) has charged TradeStation Crypto, Inc., a Florida-based company, for failing to register the offer and sale of a crypto lending product. TradeStation Crypto has agreed to pay a penalty of $1.5 million to settle the charges concerning this interest-earning feature on crypto asset accounts. TradeStation Crypto’s Lending Product TradeStation […]
Bitcoin (BTC) shook off recent bearish whispers and roared back to life on Wednesday, clawing its way past $44,000 and marking a four-week high as the top crypto asset approaches the vaunted $45K level. This bullish charge was fueled by a potent cocktail of factors, from resurgent accumulation by major investors to record highs in […]
With over 25,000 sign-ups as of writing, Pushd (PUSHD) has the entire decentralized market buzzing. Investors are amazed by its profit projections, analysts are in love with its novelty and experts only see good things in store for Pushd (PUSHD). Early investors from top shots like Litecoin (LTC) and Avalanche (AVAX) are now turning their […]
U.S. Treasury Secretary Janet Yellen wants Congress to act on crypto. Yellen testified before the House Committee on Financial Services on Tuesday and outlined the Financial Stability Oversight Council’s (FSOC) ongoing areas of focus in 2024. The FSOC is a Treasury office that aims to identify and assess emerging threats to US financial stability. In […]
… cryptocurrency, HYDRO. According to court documents and evidence presented at trial, Shane Hampton, 32, of Philadelphia, served as the head of …
The price of Solana (SOL) has experienced a sharp surge in the past 24 hours, up 7% from Tuesday’s low. This latest move comes as the broader crypto market shows signs of recovery from the bearish conditions in the latter half of January. Riding on this wave of positive sentiment is the new Solana meme […]
Crypto analyst Ali Martinez’s bullish forecast hints at potential gains for XRP investors
After a strong year-end, the spot volumes of the largest cryptocurrency exchanges recorded only modest monthly gains, averaging 3%. However, comparing statistics from January 2024 with the same period twelve months earlier, we see that the total volume grew 23% to $915.84 billion. In the case of the top performer, the jump was as much […]
TL;DR Ondo Finance launches USDY on the Sui blockchain, being the first dollar token on this network. The partnership between Ondo Finance, Axelar and Mysten Labs facilitates the expansion of USDY on the blockchain. USDY offers users a stable, government-backed option on a high-performance network, driving efficient transactions in the ecosystem. Financial platform Ondo Finance […]
Ran Neuner emphasises the growing trend of real-world asset (RWA) integration in cryptocurrency, spotlighting PYTH and LINK as key players Despite appreciating the Rose narrative, Neuner isn’t actively investing in it, focusing instead on other market narratives like gaming and liquid staking. The Crypto Banter host is particularly keen on liquid staking protocols like Eigenlayer […]
Late Tuesday night Australian Time, the Solana blockchain experienced a five-hour outage, its fifth longest and 11th in 24 months. The 25-minute period without new blocks caused a temporary 5% drop in SOL price, which later recovered, suggesting limited concern over the network’s reliability. Although the price not only recovered but also exceeded its pre-outage […]
The Bitcoin price has experienced a notable increase of over 4% in the last 12 hours, marking a departure from the recent lull. This movement follows a bull pennant breakout, with the price of Bitcoin now aiming for the $55,000 mark. The 4-hour (BTC/USD) chart below shows Bitcoin trading at $44,609, having just breached the […]
Closely followed crypto analysts say that a weakening US dollar will lead to a huge rally in digital assets in the near future. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that the dollar index (DXY) is nearing the end of a bounce which […]
Forget Decentraland’s rocky year and Axie Infinity’s recent wobble! Savvy crypto traders are flocking to a new DeFi project: Meme Moguls. This presale sensation promises to turn wide-eyed beginners into crypto masterminds. But is it all hype, or could MGLS be the next 100x price explosion? Decentraland’s MANA Coin: A Rocky Start to 2024 Decentraland […]
Pandoshi is capturing significant attention in the cryptocurrency community, showcasing its unique approach and impressive early fundraising efforts.
SEC’s recent regulatory actions have drawn sharp criticism from Bitcoin skeptic Peter Schiff
Bakkt, a cryptocurrency platform backed by the New York Stock Exchange (NYSE) owner, warned about its future as it might go out of business due to insufficient cash for the next 12 months’ operations. Bakkt’s Future In Jeopardy “We might not be able to continue as a going concern,” the company stated in a document […]
[PRESS RELEASE – Los Angeles, California, February 7th, 2024] Key Takeaways Focus, the revolutionary new decentralized SocialFi app, raised $75 million in one week Focus rivals subscription platforms like OnlyFans and Patreon, a multi-billion-dollar industry Users can reserve with DESO, BTC, ETH, and more to earn a 90% bonus in $FOCUS tokens for a limited […]
Sean McBride, the former Director of Global Talent Acquisition at Ripple, has hinted at significant upcoming news for Ripple and XRP. McBride’s announcement, made via a post on X (formerly known as Twitter), has sparked a mix of excitement and skepticism among followers and investors alike. His post stated: “Big news coming from #Ripple and […]
XRP supporter and lawyer John Deaton is weighing in on the possibility of Coinbase emerging victorious in a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against the US-based crypto exchange. Speaking at the iConnections Global Alts conference, Deaton says Coinbase has a “big” chance of getting SEC’s lawsuit tossed out before going […]
TL;DR Ransomware resurgence in 2023: Record payouts of more than $1 billion, marking a turnaround from decline in 2022. Diversification in methods of attack and money laundering: Participation of various actors, change towards more sophisticated laundering methods. Crucial role of Initial Access Brokers (IABs): They facilitate attacks by providing access to networks, showing a correlation […]
Amid a gloomy outlook for the Chinese economy investors are flocking to US-focused ETFs, creating record volumes despite high premiums and FOMO. Speculation has arisen about a potential shift towards crypto investments, including Bitcoin ETFs, despite existing government restrictions. Despite China’s stringent crypto trading ban introduced in 2021, investors have continued to engage in crypto […]
Shiba SHIB has charted some notable loss in the past weeks and has continued to appear weak by the day. It recently initiated a drop, but the gravity is yet unknown if the price will go through or not. Despite a series of lower highs in the past weeks, Shiba has found it difficult to […]
PRNewswire/ — The "U.S. Cryptocurrency Payment Apps Market Size, Share & Trends Analysis Report by Cryptocurrency Type (Bitcoin, Ethereum), …
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. Bitcoin miners have not been operating under normal circumstances for the past several months. Bitcoin’s blockchain […]
Recent LINK transfer suggests potential shift in Chainlink’s market dynamics and bright outlook for its price
A court in British Columbia has affirmed BC Hydro’s ban on crypto mining projects. This decision will have significant effects on both the energy sector and the growing crypto industry. Justice Michael Tammen deemed BC Hydro’s 18-month moratorium on crypto mining projects reasonable and within legal bounds. The moratorium, implemented in December 2022, was challenged […]
Cardano (ADA) has been stuck in a price rut recently, but behind the scenes, activity on the Cardano blockchain is exploding. Transaction volumes and wallet addresses are all growing, showing that interest and adoption of the network are growing rapidly. All this activity has prompted analysis of how far the crypto can spike in the […]