A savvy cryptocurrency trader reportedly turned $2,000 into more than $43 million by investing in the memecoin Pepe at its peak valuation, despite the token’s extreme volatility and lack of underlying technical value. The trader made an over 4,700-fold return on investment on the popular frog-themed Pepe (PEPE) cryptocurrency, according to blockchain intelligence platform Lookonchain. […]
Aptos, one of the fastest-growing layer 1 (L1) blockchains in the crypto space, has seen explosive growth over the past year. Its performance indicators show a sharp upward curve as more users come to the platform and make use of its services. The blockchain’s key metrics, such as daily active wallets, total value locked (TVL), […]
In a blog post on Tuesday, the chief investment officer for the institutional grade Bitcoin ETF issuer wrote: “Two years ago, it was common for Bitwise clients to allocate ~1% of their portfolio to bitcoin and other crypto assets, an amount they could easily afford to lose.” But he’s noticed a big change over the […]
According to PANews, Japan's Financial Services Agency (FSA) is considering implementing regulations on internal trading of digital cryptocurrency …
XRP has been on a consistent downward trend since the beginning of the just concluded week. A steady flow of consecutive bearish candles on the daily timeframe has pulled the price lower each day, eventually guiding it toward an important support at the time of writing. As of now, XRP is pressing against the lower […]
The Phemex referral code is a special promotional code that new users need to enter when joining the Phemex platform to gain extra referral rewards. It is a way for the exchange to welcome newcomers with bonuses, such as free trading funds or fee discounts. The best Phemex referral code is IUIHR7, which allows you […]
The head of research of market intelligence firm Fundstrat says that the odds of a V-shaped recovery for the stock market in April are overwhelmingly high. In a new interview with CNBC Television, Tom Lee says that based on historical patterns, the stock market could mount a recovery in early April. “The spike in the […]
According to Petr Kozyakov, trust in traditional finance, notwithstanding its inefficiencies, creates hesitancy among businesses and regulators regarding stablecoins. Traditional Finance Inertia Hinders Crypto Adoption Despite the early promises of blockchain technology to revolutionize global finance, cryptocurrency payments, while gaining traction, remain a small fraction of the overall market. Industry experts point to a combination […]
This Bitcoin price pattern could mislead Bitcoiners, according to legendary trader Peter Brandt
What are crypto-based mortgages? Crypto-backed mortgages are a kind of loan where borrowers use their cryptocurrency holdings, such as Bitcoin (BTC) or Ether (ETH), as collateral to secure financing for real estate purchases. This approach allows you to access funds without selling your digital assets. By retaining crypto ownership, borrowers can still benefit from future […]
Ether’s (ETH) underperformance as an asset has continued to spark criticism and speculation in the crypto community, with many expressing their displeasure at the Ethereum network’s current trajectory. Quinn Thompson, founder of the discretionary macro hedge fund Lekker Capital, insists that ETH is now completely dead as an investment. While some analysts and market participants […]
Virtual cryptocurrency workshop with expert Kamal Hubbard educates youth on digital finance as a potential solution to narrow the racial wealth …
By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen in early March. Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows According to data […]
Three of the largest banks in the US say one of the year’s best performing assets still has more room to run to the upside. Starting with Bank of America, head of metals research Michael Widmer says that while gold may witness a short-term pullback after hitting a new record high of $3,085, he predicts […]
Aave, the largest lending and borrowing protocol on Ethereum, is transforming itself dramatically. Over the past couple of years, the dynamics of the platform’s supply and borrow usages have shifted evenly—rather, shiftily—toward everyday users. This kind of user is no longer, by far, the least significant kind of participant in the platform. Two years ago, […]
Gate.io is a global cryptocurrency exchange offering crypto trading services, a wide range of digital assets, and automated trading tools to investors. The exchange has been operating for over a decade and currently serves about 17 million users in more than 175 countries. To cater to more users, Gate.io added a gateway to the decentralized […]
A video of Ethereum co-founder Vitalik Buterin kneeling in front of a robot and seemingly letting out a “meow” sound has gone viral — and, as usual, the crypto industry is already speculating what it might mean for Ether’s future. “The future of Ethereum is in this man’s hands… Meow,” crypto influencer Wendy O said […]
Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC treasury, Tencent as an institutional investor, and Bitmain links, is this the mining sector’s next dark horse? A Cango Deep Dive The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all […]
Ethereum risks falling back to $1,000 price level, according to new insight from Mike McGlone
President Donald Trump is reportedly pardoning the three co-founders of the crypto exchange BiTMEX, including prominent crypto investor Arthur Hayes. According to a new report by CNBC, Trump pardoned Hayes, Benjamin Delo and Samuel Reed on Thursday, nearly three years after they pleaded guilty to violating the Bank Secrecy Act by willfully failing to establish […]
In March, corporate treasuries from Virginia to Texas, California, and Japan added Bitcoin to their books as a financial strategy. This is beginning to become a trend with factorable implications for Bitcoin’s price. Bitcoin ETFs on Wall Street flipped back to a streak of decisively positive inflows in March. These are custodial services of on-chain […]
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Ethereum’s attempt to regain bullish momentum has hit a roadblock, as the price failed to break through the crucial $2,160 resistance level. After showing signs of recovery, ETH faced strong selling pressure at this key level, preventing a sustained breakout and disappointing bullish traders who were hoping for further upside. Its inability to push past […]
Key Takeaways: Injective has joined the Blockchain Association to support pro-crypto legislation in the US. This move gives Injective a stronger voice in shaping industry regulations. Partnership to further drive growth, adoption and security in the Web3 ecosystem. Injective, a next-gen layer-one blockchain designed for Web3 finance applications, has officially joined the Blockchain Association, a […]
Bitcoin’s (BTC) 7% decline saw the price drop from $88,060 on March 26 to $82,036 on March 29 and led to $158 million in long liquidations. This drop was particularly concerning for bulls, as gold surged to a record high at the same time, undermining Bitcoin’s “digital gold” narrative. However, many experts argue that a […]
One of the few digital assets that seems to be performing well today is the TON token. After traveling a downtrend for a few months, the asset seems to be rebounding. Much of March saw TON’s price action leave nearly 100% of its holders in the red. March 2023 was not a good month for […]
Digital asset management giant Grayscale hopes to launch an Avalanche (AVAX) exchange-traded fund (ETF) in the US. The Nasdaq Stock Market submitted a proposal this week to the U.S. Securities and Exchange Commission (SEC) to list and trade shares of Grayscale Avalanche Trust, which would be entirely tied to the price of the layer-1 project’s […]
Robert Kiyosaki declares the world is in recession, inflation is theft, and fiat money is a trap—urging urgent shifts to bitcoin, gold, and silver. Facing Recession and Inflation, Robert Kiyosaki Urges Shift From Fiat to Bitcoin and Hard Assets Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has once again weighed in […]
$423 million sell-off on crypto market as latest US inflation data comes in hotter than expected
The growing stablecoin supply suggests cryptocurrency adoption is at its mainstream “tipping point.” … cryptocurrency market growth, according …
Bitcoin (BTC) is steadily approaching the highly anticipated Chicago Mercantile Exchange (CME) gap close, with price action aligning with analyst’s expectations of a move toward $83,000. As Bitcoin corrects from recent highs, a crypto analyst expects a rebound to come next. However, if key support fails, the possibility of further downside remains. Bitcoin To Drop […]
Unlike cryptocurrencies with prices moved by volatile global exchange markets online, stablecoins use similar techniques for security and trust, but as digital representations of currencies like the dollar and euro. They can provide efficient and low-cost payment rails for traditional central bank cash, but with some of the features and advantages of blockchain. So they […]