A closely followed crypto analyst is warning that on-chain metrics suggest investors are losing interest in Bitcoin (BTC) amid the extended correction. In a new strategy session, crypto trader Ali Martinez tells his 70,000 followers on the social media platform X that the warm supply realized price metric is signaling bearishness for Bitcoin. Bitcoin’s warm […]

Long-running crypto exchange Bitfinex have released a September report suggesting that Bitcoin might be in for some turbulence. The report predicts that the US Federal rate cuts may have a negative short-medium-term impact on the economy, potentially pushing BTC back under US $40k. The team argues a more moderate rate cut of 0.25bps could leave […]

BlockDAG Partners with Italian Soccer Giant– Inter Milan: Could It Be the Next $1 Crypto? More on Bitcoin & XRP Price Forecasts Bitcoin Cash investors have been feeling the heat lately, with their portfolios taking a hefty 33% hit. And it’s not just Bitcoin Cash—XRP is also on shaky ground, hanging around the $0.595 mark, […]

There has been a shift in the Ethereum market, as rising exchange reserves signal a potential new distribution phase coinciding with growing concerns over a death cross. This is evidenced by CryptoQuant’s Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets. Ethereum in Jeopardy When the metric rises, it often […]

Bitcoin back on path of growth as price of asset comes closer to $60,000

Nexo, the platform that gained popularity by offering crypto lending products, has resumed new client registration in the United Kingdom today (Tuesday), the company announced. Ensuring Local Compliance The crypto platform detailed that before resuming onboarding, it upgraded its platform to meet all FCA guidelines. It has also partnered with Gateway 21 to ensure compliance […]

Avalanche (AVAX) is currently trading at a crucial level after a 24% retrace that began last week. The crypto market is experiencing extreme fear and uncertainty, with most altcoins hovering near yearly lows. Analysts and investors closely monitor AVAX’s price action as the market remains volatile.  Top analyst and trader Kaleo has shared his insights, […]

Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. 

Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices following a rate cut,” the Bitfinex analysts said. Bitfinex Predicts Bitcoin […]

North Korean actors are already known to exploit the cryptocurrency industry and designated non-financial businesses and professions, including …

The Bitcoin network hash rate reached a new all-time high on September 3rd, surpassing 740 exahashes per second (EH/s). This comes even as Bitcoin prices trade below $60,000. JUST IN: #Bitcoin's hash rate hit a new ALL TIME HIGH 🚀 pic.twitter.com/BiLY3pRRIV — Bitcoin Magazine (@BitcoinMagazine) September 3, 2024 A higher hash rate reflects more computational […]

Research from crypto exchange Bitfinex warns that reactions to recent rate cut news could bring down crypto prices in September. In its latest research, Bitfinex speculates that Bitcoin (BTC) could fall as low as $40,000 over the coming weeks. “If we were to speculate, we would caution to expect a 15-20% decline when rates are […]

Bitcoin, after experiencing a blood bath last Month, several analysts have re-analyzed its price action to see what this new month of September might hold for the Bitcoin Market. Amongst them, a renowned crypto analyst known as Mags on X has recently shared an insightful perspective on Bitcoin’s current market behavior in one of his […]

The SpaceX subsidiary claimed the Brazil Supreme Court decision was “illegal,” but it would comply by suspending access to the social media platform.

Cardano has finally launched its long-awaited Chang hard fork, bringing the network closer to its goal of full decentralization. However, the price of Cardano ADA is still down. Another struggling top crypto, Ripple, has unlocked 1 billion XRP this month. Meanwhile, a new trading platform, Intel Markets, has surpassed $220k in presale, outperforming the competition […]

Ethervista, which is being described as the “Pump.fun” of Ethereum, released its whitepaper on Aug. 31, claiming to be a “value-compounding deflationary currency” with the token VISTA. Pump.fun is a Solana-based marketplace that allows users to easily create and distribute their own tokens, which are primarily meme coins. Its gas usage has surged to become […]

ADA teeters on brink as Cardano approaches pivotal hard fork, with volatility looming and token slipping to critical $0.3444 level

TL;DR August 2024 NFT Sales Drop: NFT market sales fell to $374 million in August, marking the first time this year that sales dipped below $400 million. Significant Decline from Peak: The market saw a 76% drop from its March 2024 peak of $1.6 billion, highlighting ongoing struggles. Transaction Trends: Despite fewer transactions, the average […]

The US Securities and Exchange Commission (SEC) has filed with the US Bankruptcy Court reserving its right to challenge FTX’s use of stablecoins and other digital assets in repayments to its creditors. The SEC didn’t lay out a case against the use of stablecoins by FTX in its filing and explicitly said it wasn’t taking […]

A recent survey from Kiwi exchange Easy Crypto and Protocol Theory has shown 20% of Australians already invest in digital currencies. The survey also revealed that Australians are strongly considering crypto as an alternative to real estate, which has become exorbitantly expensive for the average investor. Australians also believe that crypto offers lower barriers to […]

Venezuelan President Nicolas Maduro discussed the possible future of the national cryptocurrency system following the so-called PDVSA-Crypto scheme, which resulted in the loss of $20 billion in unaccounted oil sales paid in crypto. Maduro stated that the country needed to retake the crypto path but gave no indications regarding the revival of the national cryptocurrency […]

Floki Inu (FLOKI), a popular meme coin, has been making headlines, but not necessarily for positive reasons. The Floki Inu (FLOKI) price has …

Two weeks ago I attended the Democratic National Convention. The chief reason I did so was to try and encourage an impartiality to our coverage of politics as it relates to the election and Bitcoin here at Bitcoin Magazine. Earlier this year we were invited the the Republican National Convention at the last minute, after […]

Amid ongoing volatility for the Bitcoin price, which has struggled to reclaim its all-time high of $73,700, bullish predictions continue to emerge for the leading cryptocurrency. The latest forecast comes from VanEck, asset manager and Bitcoin ETF issuer with over $100 billion in assets under management. Bitcoin Price Projection In a recent update, VanEck projected […]

The decentralized trading blockchain Vega Protocol says it expects its alpha mainnet chain to stop within the next three months. 

Since end of 2017, it would have been much more profitable to hold Apple stock instead of crypto king

While established cryptocurrencies like Polygon (MATIC) and Near Protocol (NEAR) have seen their fortunes fluctuate, a new contender is emerging as a potential game-changer. IntelMarkets (INTL), powered by artificial intelligence, has captured the attention of investors and venture capitalists alike, raising over $200,000 in its presale. Let’s dive into the details explore the trend behind […]

According to the Crypto Wealth Report 2024 by Henley & Partners, the number of individuals holding over $1 million in digital assets has soared by 95% to 172,300. This comes amidst a growth in the crypto market, which has seen its total value rise to $2.3 trillion, marking an 89% increase from the previous year’s […]

Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it to offer digital payment token services. Gracie Lin, the newly appointed CEO of Okx’s Singapore entity (Okx SG), highlighted the significance of this license and Singapore’s role in the company’s growth strategy. Okx SG aims […]

TORTOLA, British Virgin Islands, Sept. 03, 2024 (GLOBE NEWSWIRE) — In the rapidly evolving world of cryptocurrency, Venkate Exchange has emerge.

Company Name: Relai Founders: Julian Liniger and Adam Bilican Date Founded: July 2020 Location of Headquarters: Zurich, Switzerland Amount of Bitcoin Held in Treasury: One-third of Relai’s treasury Number of Employees: 30 Website: https://relai.app/ Public or Private? Private Julian Liniger is on a mission to give more Europeans exposure to Bitcoin — despite regulatory bodies […]

TL;DR Fed’s September Rate Decisions: The Federal Reserve’s upcoming meeting on September 18 could significantly impact Bitcoin (BTC) price, with potential rate cuts introducing major volatility. Historical Trends vs. Current Predictions: Historically, September has been tough for Bitcoin, but recent trends and on-chain data suggest a possible shift, with predictions ranging from a surge to $45,000 […]