Bitcoin’s price tumbled below $63,000 yesterday, but the bulls seem back in control as they have pushed the asset toward $64,000 once again. Most larger-cap altcoins are sluggish on a daily scale, aside from ADA, which has jumped by over 4%, and DOT, which has added just under 4%. BTC Aims at $64K After the […]
The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the Central Reserve Bank, only 1.1% of all remittances sent to the country from January to August 2024 include cryptocurrency. Report: Adoption for Remittances Reach Only […]
If this is so, BTC could stage epic rally in final months of year
Top US-based crypto exchange Coinbase says its wrapped version of Bitcoin (BTC) is coming to the smart contract platform Solana (SOL). In a session during the Solana Breakpoint 2024 event, Coinbase executive Hasan Ahmed says the crypto exchange is introducing Coinbase Wrapped Bitcoin (cbBTC) to the Ethereum (ETH) competitor’s blockchain. “We recently launched cbBTC on […]
Macro investor here Luke Gromen says that gold and Bitcoin (BTC) are now set to be some of the main beneficiaries of the US government’s declining fiscal situation. In a new interview with David Lin, Gromen says that gold and Bitcoin are two assets that he “likes” right now, saying they are both “very well-positioned” […]
Bitcoin and major cryptocurrencies saw gains this week, with Ethereum notably outpacing BTC. The gains were largely fuelled by the US Federal Reserve’s decision to cut interest rates by 50 basis points, the first reduction since 2020. Although the market responded positively, concerns persist about the sustainability of this rally due to its dependence on […]
The digital asset market rallied last week, recording a substantial influx of $321 million in investments. This upward trend followed the Federal Open Market Committee’s (FOMC) surprising 50 basis point interest rate cut. Rising Bitcoin Inflows According to CoinShares’ weekly report, Bitcoin was the standout performer, attracting $284 million in inflows. The combination of the […]
Explore real stories of significant financial losses and the harsh realities of cryptocurrency investments.
Veteran analyst Peter Brandt is making a bold prediction that is creating a lot of talk in the crypto arena: by 2025, Bitcoin should see its price jump 400% relative to gold. He feels that, according to the market patterns witnessed so far, Bitcoin could soar to the equivalent of around 123 ounces of gold. […]
SOL recently rallied to $152 but will a decline in Solana’s network TVL negatively impact the altcoin’s price?
Hedge fund veteran and former White House Press Secretary Anthony Scaramucci says that Ethereum’s (ETH) biggest rival will play a major part in the “layer-1 blockchain financial revolution.” In a discussion at the Solana Breakpoint 2024 conference, the SkyBridge Capital founder says there are endless amounts of third parties involved in the securities and finance […]
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating debt issuance and how this might change the Salvadoran economy and its outlook. Latam Insights Encore: Bukele’s Zero Debt […]
TL;DR Circle seeks to legitimize USDC and EURC as official electronic currencies in the EU, taking advantage of MiCA regulations. The market capitalization of USDC has grown from $25 billion to $35.8 billion in 2024, while EURC has regained value, rising from $35.1 million to $62.88 million. MiCA regulations require issuers to maintain at least […]
TL;DR 21.co has integrated Chainlink Proof of Reserve on the Solana and Ethereum mainnets to enhance the transparency of its Wrapped Bitcoin (21BTC). 21BTC, launched in May 2024, is a native token fully backed 1:1 by Bitcoin reserves, which are held in cold storage and under institutional custody. The implementation of Chainlink is crucial to […]
BlockDAG’s $74.5M Presale Steals the Show as Ethereum Struggles and Solana Upgrades This week, the cryptocurrency market is bustling with pivotal updates that have both investors and developers on the edge of their seats. While Ethereum sees a notable downturn with its funding rate reaching an all-time low this year, suggesting a cautious or bearish […]
Hamster Kombat’s first season has officially wrapped up. Since its launch in March 2024, it has drawn in over 300 million users. A massive 131 million players qualified for the September 26 airdrop, with 60% of the allocation distributed immediately. 60 Billion Tokens up for Distribution The Hamster Kombat team made the announcement in a […]
The market is going through series of volatile swings
Sygnum, a digital assets banking group based in Zurich and Singapore, announced that it has obtained a crypto license in Liechtenstein. The license was granted to its subsidiary in the country, allowing it to offer regulated digital asset services, including brokerage, custody, and banking. These services will be provided under Liechtenstein’s Token and Trusted Technology […]
Obviously, any cryptocurrency that can insert itself directly into the RWA tokenization trend could become very valuable. If asset tokenization is a …
Since March, Cardano (ADA) has experienced recurring periods of significant price declines. However, crypto pundit Dan Gambardello, a popular analyst on the Crypto Capital Venture’s YouTube channel, predicts a potential bullish reversal based on an analysis of the weekly and daily charts. Key Technical Indicators Support Bullish Outlook According to the analyst in a recent […]
They could potentially spark an “explosively recursive” price upside for Bitcoin, according to one investment manager.
Digital assets manager CoinShares says that institutional crypto investors poured hundreds of millions in capital into digital asset products last week after the Fed’s announced rate cut. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $321 million following Fed chair […]
Travala integrated with Solana, allowing bookings with SOL, USDT, and USDC on the Solana network. Travala’s loyalty program now offers up to 10% back in SOL, BTC, and AVA tokens, with zero transaction fees for SOL, USDT, and USDC deposits/withdrawals. This integration follows Travala’s partnership with Skyscanner, enabling flight bookings with over 100 cryptocurrencies. Travala, […]
BNY Mellon reportedly received SEC approval to offer crypto custody services for institutional clients, as Chris Land confirmed during a Wyoming public hearing. However, BNY Mellon would have to work with state regulators for asset protection in case of bankruptcy. There is a growing institutional adoption of crypto, with BlackRock and other leading TradFi companies […]
On Monday, Sept. 23, 2024, the crypto market reached a total value of $2.22 trillion, marking a 1.3% increase in just 24 hours. Over the past week, bitcoin (BTC) climbed 8.7% against the U.S. dollar, while ether (ETH) enjoyed an impressive 15.8% rise. However, other digital currencies outshined both top coins, posting even larger gains. […]
Despite recent positive actions, Notcoin remained calmly indecisive as it continued to consolidate daily due to a shrink in volatility. While it has yet to break out of a resistance line, the price looks ready for another drop. Not’s overall market outlook is still bearish as it maintained a lower low and lower high movement […]
TL;DR Binance will perform a system upgrade on September 25, lasting around three hours, during which users may experience temporary interruptions in services like account login, trading, and other features. The company assures users there is no risk for their funds, recommending they take precautions such as adjusting account positions, while API trading will remain […]
SHIB community successfully burned large amount of meme coins, while price was striving to break out
Donald Trump has increasingly embraced Bitcoin and crypto during his 2024 presidential campaign. Recently, when asked about the future of crypto, Trump responded that he thinks “crypto has got a great future” and floated using it to pay off the $35 trillion U.S. national debt. BREAKING: 🇺🇸 Donald Trump says, “I think crypto has got […]
A closely followed crypto analyst says that a clear bull pattern is forming for one artificial intelligence (AI)-focused altcoin while updating his outlook on three other tokens. Pseudonymous crypto trader Altcoin Sherpa tells his 223,300 followers on the social media platform X that a “clear bull trend” is underway for machine learning protocol Bittensor (TAO). […]
After months of disputes, Bitcoin miners Bitfarms and Riot Platforms have resolved their differences, leading to changes in the Board of Directors of the former. In the settlement, announced on September 23, Andrés Finkielsztain has stepped down from Bitfarms’ board. Board Restructuring Finkielsztain’s departure paves the way for the appointment of Amy Freedman, who will […]
HOUSTON – Every year, it seems like scammers find new ways to defraud people. Since the rise of cryptocurrency, criminals are turning to it more …