The government and financial regulators are considering imposing higher restrictions, including a complete ban on private cryptocurrencies.
THORChain’s price has been up by over 100% since the last week of October, hitting levels not seen since May 2022. This is an amazing increment in price. But caution is advised since RUNE, an altcoin, seems overbought, possibly signaling a 20% drop in the near future. At the time of writing, RUNE was trading […]
$210 million worth of ETH left centralized exchanges (CEXs) in week
Nocturne, Untangled Finance, Account Labs, Rymedi, and Waterfall network secure venture capital funding in the latest funding blitz.
Macro guru Raoul Pal is laying out what he thinks is a reasonable price point for Ethereum (ETH) rival Solana (SOL) for the next bull run. In a new interview on the Crypto Banter YouTube channel, the former Goldman Sachs executive says that the smart contract platform could eventually find itself skyrocketing between 1,097% and […]
Coinbase CEO Brian Armstrong says crypto companies could be the tech giants of tomorrow as on-chain becomes the present-day equivalent of the internet. In the company’s Q3 earnings call, Armstrong says that blockchain and crypto are now transforming people’s lives just as the internet did about two decades ago. “On-chain is the new online. The […]
The cryptocurrency market traded higher on Sunday as bulls tightened their grip on the digital asset market. Today, the global crypto market cap …
After a prolonged period of uncertainty in the cryptocurrency market, it appears Crypto Winter is finally coming to an end. Recent developments in the crypto world, especially with the impressive performance of cryptocurrencies like Cardano, Bitcoin Spark, and Fantom, have reignited optimism among investors and enthusiasts. These surges in value suggest a potential thaw in […]
Partner at the Venture Capital firm Placeholder Capital and prominent figure in the crypto community, Chris Burniske, has given an instance where assets like Bitcoin and Ethereum could see a repeat of what happened in mid-2019. New Highs Before A “Final Wipeout” In a post shared on his X (formerly Twitter) platform, Burniske mentioned that […]
A trader who continues to build a following with timely Bitcoin (BTC) calls believes that the crypto king is gearing up for another burst to the upside. Pseudonymous analyst DonAlt tells his 508,100 followers on the social media platform X that Bitcoin looks very bullish after managing to stay above $34,000 last week. DonAlt also […]
An analyst who accurately called the 2018 floor price for Bitcoin (BTC) thinks rallies are in sight for Ethereum (ETH) and its rival Solana (SOL). Looking at Ethereum first, pseudonymous trader Bluntz tells his 226,200 followers on the social media platform X that ETH appears to have completed a corrective move on the lower time […]
Shiba Inu welcomes massive large transaction jump as only positive metric amid bullish consolidation
Blockchain adoption has been “unabated” throughout bull and bear markets over the past years, says Bloomberg analyst Jamie Coutts.
On Friday evening, Tesla CEO Elon Musk vociferously denied that any of his companies will ever issue a cryptocurrency, after months of feverish …
Pantera Capital founder Dan Morehead is forecasting an incoming correction in equities markets and a relative outperformance of crypto assets. Morehead says via social media platform X that he believes the S&P500 is “massively overvalued” and due for a 23% fall. The investor, who oversees $4.2 billion worth of assets at Pantera, says the Federal […]
TL;DR Bitcoin (BTC) has seen a significant increase in its value since the beginning of 2023, rising from approximately $16,500 to around $34,500, with speculations about its continued uptrend into the next year. Factors influencing Bitcoin’s potential performance include increased market adoption, regulatory changes like the possible approval of a spot BTC ETF by BlackRock, […]
A look into the Bitcoin price action shows a consolidation under the $35,000 support level has resumed, but the majority of holders are holding steady. Onchain data has revealed that the number of Bitcoin unmoved in a 3-month timeframe has reached a record high of 88.5%. The upside potential remains huge despite the ongoing consolidation, […]
According to a 2021 report from the Federal Trade Commission, nearly 46,000 individuals fell victim to crypto scams while conducting crypto-related activities like trading or registering on shady exchange platforms. The financial losses from crypto scams totalled no less than $1 billion, translating to a dollar out of four vanishing. Falling prey to dubious projects hyped up […]
Sam Bankman-Fried, the founder and former CEO of FTX, a cryptocurrency exchange platform, has been convicted of fraud and conspiracy charges by a federal jury in New York. He faces up to 110 years in prison for his crimes. Bankman-Fried was found guilty of seven counts, including wire fraud, securities fraud, commodities fraud, money laundering, […]
As Cardano (ADA) migrates toward adoption of Polkadot’s (DOT) tech for its partner chains, both DOT and ADA communities might benefit
The pause affects multiple markets, including Aave V2 Ethereum Market and certain assets on Aave V2 on Avalanche. In addition, certain assets on Polygon, Arbitrum, and Optimism have been frozen.
In a recent trading session, Neo cryptocurrency emerged as a standout performer, showcasing an impressive price surge of 15.60%.
The Federal Deposit Insurance Corporation (FDIC) has shut down a bank in Iowa after regulators discovered “significant loan losses” on its balance sheet. The FDIC is adding Citizens Bank in Sac City to its list of failed banks, and says Iowa Trust & Savings Bank has assumed all deposits in order to protect depositors. The […]
Payments platform Ripple Labs is collaborating with the central bank of Georgia to create the nation’s first central bank digital currency (CBDC) pilot program. In a new company blog post, Ripple says that The National Bank of Georgia (NGB) has chosen to partner with Ripple for its digital Lari (GEL) pilot project. “The pilot will […]
Decentralized finance (DeFi) platform Aave has suspended operations in a number of markets after receiving a problem report on a certain function of the protocol. DeFi Protocol Discovers Vulnerability; Is User Funds At Risk? On Saturday, November 4, decentralized lending protocol Aave announced – via a post on X (formerly Twitter) that it has paused […]
In addition to surging in price on crypto exchanges last month, Ethereum mainnet recently reclaimed dominance over its Layer-2 chains in daily transaction volume, according to data from L2Beat. Bloomberg crypto analyst Jamie Coutts recently said, “Public blockchains hold immense potential for empowering global citizens.” The most popular apps on Ethereum are for decentralized finance […]
Most recent massive Bitcoin rally has numerous reasons behind it, and ETF is not only factor pushing digital gold upward
Bitfinex stressed its systems weren’t compromised and no customer funds were lost.
Bitcoin is going through a bullish period, and the predictions of experts like Michael Saylor, the CEO and Co-Founder of MicroStrategy Inc., are generating a lot of enthusiasm. Saylor has made a bold prediction in which he claims that BTC could increase its value, potentially multiplying it by 10 times the current value. One of […]
The Financial Conduct Authority (FCA) of the United Kingdom is releasing new guidelines for crypto firms on how to properly market digital assets. In a new press release, the regulatory agency unveils its updated rules for crypto firms on what information they must provide when marketing crypto assets. “Following a change in legislation, crypto assets […]
CryptoMarketCap, an emerging trusted name in the cryptocurrency space, has unveiled a comprehensive cryptocurrency data platform aimed at …
Top Stories This Week Sam Bankman-Fried found guilty, what’s next for the ‘crypto king’? Former FTX CEO Sam Bankman-Fried was found guilty of all seven charges by a jury in his criminal trial in New York after about four hours of deliberation. He was convicted of two counts of wire fraud, two counts of wire […]