In the recent crash, Solana lost almost 40% of its valuation but suddenly regained strength after testing a five-month low yesterday. The price appeared strong today as it trades back in a green zone. Sol saw a noticeable growth last month following a major bounce off a critical support level. The bounce brought the bulls […]

The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal SEC communications, inter-agency communications, and all documents related to digital assets, which the SEC deems […]

Bitcoin’s price could be on verge of explosion if some buying power reappears on market

Cardano managed to find support at 31 cents after a brutal crash. Key Support levels: $0.31 Key Resistance levels: $0.37 1. Bounce in Progress After Crash On Monday, ADA briefly visited 27 cents before buyers returned to lift the price above the support at 31 cents. Since then, buyers managed to keep a grip on […]

The UK’s Financial Conduct Authority (FCA) has intensified its crackdown on crypto firms, issuing over 1,000 warnings and removing 48 apps from UK app stores since new financial promotion rules took effect last October, Coindesk reported. This enforcement highlights the regulator’s commitment to safeguarding consumers in the rapidly evolving crypto market. Aggressive Stance on Crypto […]

Mt. Gox creditors defy expectations by holding onto their Bitcoin despite a decade-long wait to get their hands on it.

An analyst who accurately called the most recent crypto correction is issuing a dire warning to Ethereum (ETH) holders. Crypto strategist Benjamin Cowen tells his 845,000 followers on the social media platform X that Ethereum looks poised to repeat its massive corrections witnessed during the 2016 and 2019 market cycles. According to Cowen, a similar […]

Shiba Inu (SHIB) has had a remarkable journey in the cryptocurrency market, capturing the imagination of investors with its meteoric rise.

Tron (TRX) faced huge losses after the market swung downward in a strong overreaction amidst macroeconomic fears. According to CoinGecko, the token is down nearly 6% since last week but has since turned a full 180 gaining almost a percent today, August 7th. Since then, the ecosystem continues to surprise the community with its strength […]

TL;DR Bitcoin’s recent drop since the April 2024 halving is comparable to the post-halving correction in 2016, just before the 2017 bull run. Following the 2016 halving, Bitcoin’s price fell 27% from $650 to $474, before peaking at $20,000 in December 2017. On August 5, Bitcoin fell to $49,221, a 20% loss from its peak […]

TL;DR On-Chain Activity Surge: Despite the crypto market downturn, Cardano (ADA) experienced increased on-chain activity in July. The blockchain network demonstrated resilience and sustained growth, reflecting growing user engagement. Key Metrics: Cardano’s performance metrics include a modest 1.62% rise in transactions (reaching 94.6 million), diverse usage (37% smart contracts, 38% simple transactions), and Plutus script […]

Ethereum co-founder Vitalik Buterin recently shared an update on social media, summarizing the latest research on Ethereum block-building as of August 7, 2024. Buterin highlighted a consensus among researchers that having multiple actors contribute transactions to be included in a block is beneficial. However, there remains an open debate on whether it is possible to […]

Despite the global markets plunging, crypto ETFs continue to perform admirably – especially Down Under. The success of spot Bitcoin ETFs in particular has investors salivating at the prospect of more coins being converted to traditional financial products. However, experts among the community believe that approval for tokens like SOL and ADA is far-fetched, due […]

Brandt noted in an X post on August 5 that the recent Bitcoin price decline post-halving follows a similar pattern ahead of the 2016 bull run. The analyst compared the depth of market corrections since the halving dates, highlighting how in 2016, BTC dropped 26% within a month before surging to new ATHs. A similar […]

Pendle’s financial returns have been on a downward trajectory, reflecting broader challenges in the market. In the past six months, a notable whale, identified by the wallet address 0xfC0…1dcD6, locked up a substantial amount of PENDLE tokens only to face significant losses upon selling. This whale amassed a position of 368,000 PENDLE tokens, worth approximately […]

Renowned scholar Nassim Taleb breaks down trigger that made Bitcoin collapse

Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value.

A closely followed crypto analyst says that one key indicator is flashing a similar bottom signal for Bitcoin (BTC) as it did in November 2022. In a new strategy session, crypto trader Ali Martinez tells his 68,900 followers on the social media platform X that Bitcoin’s Market Value to Realized Value (MVRV) is the lowest […]

CryptoQuant CEO Ki Young Ju predicts that if bitcoin’s price remains above $45,000, it could surpass its all-time high within a year. His optimism persists in the crypto market even as some bearish indicators loom in the broader financial markets following bitcoin’s rebound from the Monday lows. Ki Young Ju Predicts Bitcoin Recovery Ki Young […]

Crypto Market Today: The oldest cryptocurrency, Bitcoin, which registered a fall of over 12 per cent yesterday, has jumped over 9 per cent in the …

Crypto analyst Rekt Capital has provided some form of optimism for Bitcoin investors, suggesting that the massive sell pressure on the flagship crypto is almost over. This comes amid a significant surge in Bitcoin’s dominance. Bitcoin Seller Exhaustion Is At Its Peak In an X (formerly Twitter) post, Rekt Capital mentioned that “the sell-side volume […]

Metaplanet, a Japanese firm, has announced a $70 million stock rights offering aimed at significantly boosting its Bitcoin investments. With $58.76 million of the raised funds earmarked for bitcoin, this strategic move is part of Metaplanet’s broader plan to expand its cryptocurrency holdings and hedge against currency depreciation. The company, which currently holds around 246 […]

Democratic Congressman Ro Khanna reportedly wants to host a meeting to help Vice President Kamala Harris’ campaign mend fences with the crypto industry. Khanna, one of the Democratic caucus’s most vocally pro-crypto members, attempted to schedule a Monday Zoom meeting between Harris’ team and industry stakeholders, though that meeting was delayed until later in the […]

MicroStrategy founder and executive chairman Michael Saylor says that younger voters are growing tired of traditional finance and finding Bitcoin (BTC) more attractive. In a new interview on CNBC, the BTC firebrand says that millennials, people born from 1981 to 1996, are starting to feel that Bitcoin offers many more benefits than traditional finance, including […]

TL;DR The DJT token, thematically linked to Donald Trump and his son Barron, plunged 90% on August 6, 2024, due to a massive $2 million sell-off executed by a single wallet. The wallet controlling 20% of the supply conducted a large transaction that led to the token’s collapse. The funds were redistributed to four different […]

Ethereum eyes rebound as Justin Sun makes bullish move

Mox, a virtual bank subsidiary of Standard Chartered, has introduced Bitcoin and crypto exchange-traded fund (ETF) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and crypto-related investment products. JUST IN: 🇭🇰 Standard Chartered’s subsidiary bank Mox starts offering #Bitcoin ETFs on its platform. pic.twitter.com/OCzGh75FKc — […]

Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry’s self-regulatory organization.

As part of the multi-national anti-scam effort, Operation Spincaster, the AFP has identified over 2,000 compromised Australian crypto wallets at risk of losing assets after falling victim to ‘approval phishing’ scams. Operation Spincaster was launched earlier this year by blockchain analytics firm, Chainalysis, and is a collaborative effort to combat crypto scams involving law enforcement […]

Losing 25% of its value in a week, Bitcoin recorded its biggest fall since it started correcting in March and dipped under the controversial $50k level today. Due to this, several altcoins have rolled back their bottoms. For the first time in six months, Bitcoin tested a low of $49k earlier today following a week […]

[PRESS RELEASE – Austin, USA, August 6th, 2024] Bitcoin Startup Lab has initiated the Bitcoin Olympics along with other Bitcoin industry leaders, the largest online Bitcoin hackathon to date. Running from August 1st to 27th, the event will culminate in an award ceremony at BTCON on September 4th, celebrating the achievements of participants and the […]

Despite the recent sharp decline in global financial markets and its impact on the cryptocurrency sector, the fundamental value and potential of …