Bitcoin’s current trends mimic its successful years of 2016 and 2020, yet demand has stagnated since July. US spot ETFs, particularly BlackRock’s IBIT, drive demand by adding significant Bitcoin holdings. Despite substantial outflows from Grayscale’s GBTC, the US funds collectively hold over US$56 billion in Bitcoin. Analyst Willy Woo forecasts a delayed Bitcoin ATH, expecting […]
Bank of America (BoA) experienced a widespread technical glitch on Oct. 2, affecting thousands of online banking customers. Issues reported included customers unable to access their accounts, online accounts showing zero balances, and problems with online banking, mobile apps, and some ATMs. Where is My Money? Angry customers flocked to social media to complain about […]
Kraken has announced the launch of its new global derivatives venue in Bermuda. This initiative aims to provide clients with a licensed trading platform in a recognized jurisdiction. Bermuda Authority Approves Kraken Venue Kraken’s new venue allows clients to trade derivatives around the clock, aligning with the 24/7 nature of the cryptocurrency market. According to […]
Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted. The S&P 500 […]
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
PEPE open interest proves sentiment is sustained
There’s always a new project grabbing attention in the crypto gaming space. And right now, Memebet (MEMEBET) is in the spotlight. Combining meme culture with online betting, this token is making some big noise. With its presale heating up, investors are starting to ask: Could the MEMEBET token follow in the footsteps of recent hits […]
The iShares Bitcoin Trust is a spot Bitcoin ETF, meaning that it buys Bitcoin directly in the spot cryptocurrency market. It does so without the …
HodlX Guest Post Submit Your Post The 2024 Presidential election of the United States is only a couple of months away. With Joe Biden out of the race, Kamala Harris and Donald Trump from the Democratic and Republican parties, respectively, remain the top contenders for the leadership of the most powerful country in the world. […]
Analyst and trader Justin Bennett is issuing a warning on Bitcoin (BTC) amid the flagship crypto asset’s single-digit correction over the past couple of days. Bennett tells his 111,500 followers on the social media platform X that Bitcoin could fall below $60,000 before trending higher. According to the cryptocurrency analyst and trader, Bitcoin needs to […]
From Trading to Rewards: Why Plus Wallet is Best for Rewards Over NOWPayments The rise of cryptocurrencies has changed the way trading is done. Business owners and traders are always looking for new platforms that offer secure and easy-to-use technology to help them with their transactions. Leading this change are three innovative platforms: Gauss0x, a […]
The Dogecoin price reaching as high as $10 has long been anticipated by the DOGE community who have remained loyal to the meme coin despite various crashes that have rocked the price. Even with Dogecoin sitting more than 85% below its May 2021 all-time high of $0.73, expectations for the meme coin’s performance are still […]
SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025.
TL;DR Bitwise’s Strategic Pivot: Bitwise Asset Management has filed for an XRP ETP (Exchange-Traded Product) instead of an ETF, aiming for smoother regulatory approval. Market Reactions: The filing led to a surge in XRP transaction volume and whale activity, indicating strong interest from traders and institutional investors. Social Sentiment and Risks: Positive social media buzz […]
Swyftx analysts identified key factors driving recent trends in the crypto market, focusing on some of the best-performing assets, the current outlook for geopolitical tensions, and how it could affect the crypto market. The conflict in the Middle East has negatively impacted the crypto market, leading to a 2.3% decline in overall market cap and […]
Uptober has failed to prove the bulls right, at least for now, as bitcoin has dropped hard and even slipped to $60,000 yesterday. The altcoins are also in a freefall state, with numerous price drops of 5-6% from the likes of ETH, SOL, LINK, AVAX, and others. Will Bitcoin Lose $60K? It was just several […]
Cardano’s creator Charles Hoskinson teases potential ‘Ripple Test’ as SEC appeals XRP case
We’re thrilled to announce that EIGEN is now available for trading on Kraken! Funding and trading Trading for EIGEN is live as of 04:00 AM UTC today, October 1, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens […]
FinTech firm Chime says it has covered $30 billion in overdrafts for its users since launching SpotMe, its free overdraft feature, in 2019.
The chief executive of crypto investment firm Galaxy Digital says that one new factor could be a huge bullish catalyst for Bitcoin (BTC). In a new interview on CNBC’s Squawk Box, billionaire Mike Novogratz says options trading for spot market Bitcoin exchange-traded funds (ETFs) could send the flagship crypto soaring. “The next big jolt to […]
Vivek Ramaswamy has voiced strong criticism against the federal bureaucracy, emphasizing that unelected officials are behind most laws, not Congress. He called for bipartisan efforts to dismantle the regulatory state. Ramaswamy emphasized that reducing bureaucratic power will drive prosperity, quoting key political figures and citing the success of airline deregulation as proof of his argument. […]
Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he […]
CoinMarketCap’s new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more.
BlockDAG’s $78.5M Presale and Second Mega $1M Giveaway Captivate Whales; Insights on ChainLink & XRP Forecast The crypto market is heating up, as the latest XRP forecast shows a big 23% jump since early September. But future gains may be tough due to new regulations. At the same time, ChainLink whales are busy carrying out […]
TL;DR: Nothing has changed for XRP’s fundamentals, despite the SEC’s appeal in the lawsuit between the two, claim analysts. Some went further, predicting a decisive win for the Brad Garlinghouse-led company. Still Bullish on XRP The legal tussle between Ripple and the US Securities and Exchange Commission is close to marking a four-year anniversary in […]
TL;DR CME Group launched Bitcoin Friday Futures (BFF) on October 1, 2024, with 31,498 contracts traded on the first day. The product offers contracts equivalent to one-fiftieth of a BTC, with weekly expirations on Fridays. The launch aims to bridge the gap between traditional financial markets and the crypto market, providing greater flexibility and liquidity. […]
TL;DR The crypto market fell by 5% following Middle East tensions, with $450 million in liquidations. Bitcoin reached $60,300 before partially recovering to $61,247, reflecting a daily loss of 4.1%. Despite massive liquidations, some analysts remain confident that BTC could reach $70,000 in the coming weeks. The cryptocurrency market suffered a sharp decline following the […]
Bitcoin bulls need to reclaim the $71,000 level to resume the uptrend, according to Peter Brandt
Over the past decade, digital currencies have been on the rise, and their prices have been mostly determined by some factors like market, technology, …
Rene Pickhardt recently kicked off a thread discussing the differences between two party and multiparty (more than two participants) payment channels as it relates to his research work around payment reliability on the Lightning Network. He voices a growing skepticism of the viability of that direction for development. The high level idea of why channel […]
A closely followed trader known for making timely altcoin calls believes six crypto assets are the fastest horses in the digital asset race. Pseudonymous analyst The Flow Horse tells his Telegram subscribers that six altcoins are ahead of the crypto pack including projects in the artificial intelligence (AI), memecoin and layer-1 sectors. “Memes are more […]
Ethereum (ETH) creator Vitalik Buterin isn’t dissuaded by the controversy surrounding the decentralized betting platform Polymarket. The Polygon-based betting platform has sparked criticism for offering war markets related to the ongoing conflicts in the Middle East between Israel, Hezbollah and Hamas. Markets like “Israeli forces enter Lebanon in September?” and “U.S. evacuates Beirut Embassy by […]