Former Goldman Sachs executive Raoul Pal believes Ethereum (ETH) competitor Solana (SOL) will usher in a “crypto summer” next year. The macroeconomic expert tells his 996,800 followers on the social media platform X that Solana is forming a classic bullish pattern that could eventually lead to a more than 86% increase from its current value. […]

Atomic Wallet says it has frozen $2 million worth of crypto on centralized exchanges after hackers plundered more than $100 million from the company’s users in June. The non-custodial decentralized wallet company has faced pushback online in the months following the hack for remaining vague on the details of the attack, which various crypto researchers […]

Ripple’s price is currently testing a key area against USDT while getting rejected from another one on the Bitcoin chart. Technical Analysis By Edris The USDT Paired Chart Against USDT, the price saw a spike yesterday, breaking above the 50-day moving average located around the $0.50 mark. However, the 200-day moving average is preventing it […]

In a recent development, leading investment bank Morgan Stanley has weighed in on when the lingering Bitcoin bear market is likely to end. Interestingly, they share some similar views with analysts who have made predictions in the past.  Bitcoin Halving A Major Factor In an article released by the investment bank, Morgan Stanley highlighted Bitcoin’s […]

Ripple has recently announced that the charges against the CEO, Brad Garlinghouse, and founder, Chris Larsen, by the SEC have been dropped. In the announcement, Ripple explained that the SEC voted to dismiss all of these allegations without any prejudice. The move has been described as a major win for the platform, which also managed […]

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a new rule aimed at regulating cryptocurrency mixers like Tornado Cash and Tumblers, pointing out the need for increased transparency in this area to deter illicit activities. While this move has raised concerns about the potential impact on cryptocurrency users and the […]

Lack of operations with cryptocurrencies on Tesla’s balances is important sign for rest of market

Optimism around a spot Bitcoin exchange-traded fund (ETF) is growing as Coinbase and JPMorgan Chase recently said they expect approval for the instrument. A Spot Bitcoin ETF Approval Is Imminent Wall Street giant JPMorgan recently stated it expects Securities and Exchange Commission (SEC) approval for the instrument in the next few months. Although the timing […]

CHANDIGARH: Over a thousand state police personnel have fallen victim to a local cryptocurrency racket involving fraudsters in Mandi district of …

Analysis suggests at least three Reddit moderators dumped thousands of dollars worth of Moons just minutes before the actual announcement.

In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, one of the hottest trends in crypto. On day two of the event, the MultiversX team, spearheaded […]

Crypto behemoth Digital Currency Group (DCG) is one of the biggest players in the crypto industry. The conglomerate has roughly 200 companies in its portfolio. One of the best known is Grayscale, manager of the eponymous Grayscale Bitcoin Trust. It’s world’s largest Bitcoin fund which opened the door to institutional investors as a private trust […]

After a gradual uptrend approaching the 100-day and 200-day moving averages, the price has successfully broken above these key indicators, instilling hope and a bullish sentiment in the market. Currently, Bitcoin is eyeing the pivotal resistance level of $30K. Technical Analysis By Shayan The Daily Chart Examining the daily chart, the price found substantial support […]

Render set to mark fifth consecutive day of gains

Strike, the innovative Lightning payments app, and Bitrefill, the cryptocurrency services provider, have joined forces to expand the practical applications of Bitcoin (BTC) in users’ daily lives. This partnership opens new ways for consumers to integrate Bitcoin into their everyday transactions, making the digital currency an accessible choice for the masses. Strike’s Partnership with Bitrefill […]

In 2023, the cryptocurrency sector is going through a period of introspection and transformation, fueled by the events of the previous year. This essay delves into the key findings and takeaways that are driving the future of the crypto sector. Regulatory scrutiny has become unavoidable One of the most important lessons gained in 2023 is […]

Bitmain allegedly fires staff for speaking out against salary cuts, Hong Kong investors lose faith in crypto after the JPEX scandal, Bitget gets a new crypto credit card and more.

Shimla: Over a thousand police personnel fell victim to a fake local cryptocurrency created by fraudsters in Himachal Pradesh's Mandi district, …

Over the course of the past four days, Bitcoin SV (BSV) has witnessed a substantial surge in its price, marking an impressive milestone by reaching its highest point in the last 100 days. Remarkably, within this surge, BSV managed to breach the long-standing $40 horizontal resistance level, which had persisted since the month of July. […]

XRP price has surged to $0.53, marking its highest point in the past 10 days. The fifth-largest crypto-asset had maintained a relatively stable range between $0.48 and $0.52. The latest data suggest that a cohort of addresses, dubbed the “smart money tiers,” has been accumulating since the start of October. XRP appears to be on […]

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With the advent of software development kits like BDK and LDK, building a bitcoin wallet has never been easier. However, as much as easier development is necessary, it’s important to build in a way that protects user security and privacy by default. For example, how a light wallet connects to a third-party server to receive […]

Tesla’s Q3 earning report was disappointing for investors, but the company held firm on its BTC holdings. Tesla owns about 10,725 BTC as of Q3 2023. MicroStrategy Inc are still the largest Bitcoin holders of any public company. Tesla did not buy or sell any BTC in the most recent financial quarter, according to the […]

The Swedish financial regulator reported a troubling trend in investment fraud targeting Bitcoin users during the third quarter of 2023. The Financial Supervisory Authority (FSA) said thousands of consumers fall victim to various schemes yearly. In the third quarter, approximately 1,216 companies targeted private individuals through investment fraud. According to the FSA, this significant increase, […]

CertiK says Standard Cross Finance hired actors to pose as executives, then dumped tokens on investors, draining $1.6 million from the project’s liquidity pool.

Binance, the world’s largest cryptocurrency exchange by trading volume, has successfully reinstated euro (EUR) transactions after securing new fiat partners. The restoration of these services comes after a temporary halt due to regulatory challenges. Earlier this year, Binance’s former payments partner, PaySafe, ended their partnership due to regulatory concerns. This led to an interruption in […]

In a noteworthy development in the cryptocurrency sector, Bitcoin (BTC) has reached the $30,000 threshold. This growth in the value of the world’s largest cryptocurrency seems to be influenced by the events surrounding a discourse delivered by Jerome Powell, the Chair of the Federal Reserve of the United States. During a tumultuous period for U.S. […]

Impressively, the premier cryptocurrency … During this event, the rewards for mining a Bitcoin block get halved, leading to decreased inflationary …

Blockchain oracle service Chainlink (LINK) has announced a coming upgrade to its staking mechanism. Via the social media platform X, the oracle announced Chainlink Staking v0.2, which is currently being prepared with a new pool of 45 million LINK tokens. The upgrade focuses on four main components, according to Chainlink: a new unbonding mechanism, stake […]

The president of the Avalanche (AVAX) development firm Ava Labs is issuing his crypto predictions for 2024. In the interview with CNBC, Ava Labs president John Wu talks up the Friend.tech challenger Stars Arena, a decentralized social finance application (SocialFi) that launched on the AVAX blockchain in late September. “We just talked about Stars Arena, […]

The XRP price saw an impressive run over the last day after news broke that the US Securities and Exchange Commission (SEC) was dropping its lawsuit against Ripple’s executives. This surge carried on into Friday as the altcoin’s price was able to clear the $0.53. Naturally, there has been a pullback from this price level, […]

Amidst mounting regulatory threats on the home turf, Coinbase has announced its intention to locate its EU MiCA hub in Ireland, citing a supportive political environment for FinTech companies. The latest move is part of Phase II of its highly ambitious “Go Broad, Go Deep” international market strategy, for which Coinbase has revealed having several […]