Bybit’s Institutional Report 2024 revealed a significant increase in monthly trading volumes across several centralized exchanges (CEXs) from October 2023 to March 2024. During that timeframe, the crypto sector’s market cap surged from slightly above $1 trillion to over $2.5 trillion. Bullish Trends and BTC as a Hedge According to the report, OKX’s trading volumes […]
With the Bitcoin halving event now completed, analysts and market experts turn their attention to a much-anticipated bull run based on historical trends in the BTC market. In particular, a crypto analyst with the X handle ecoinometrics has tipped the maiden cryptocurrency to at least achieve a six-figure in the current bull cycle. How High […]
Ex-Goldman Sachs executive Raoul Pal says a chart that has tracked well in the last five years indicates Bitcoin (BTC) and crypto are very much on schedule to hit four billion users. In a new video update, the Real Vision CEO says that crypto will likely see more than one billion users by the end […]
Solana developers have successfully pushed a series of fixes to address network congestion issues. On April 15, Solana urged validators to update to v1.17.31, a version that changes how certain validators are treated depending on their stake. Further fixes will be shipped in the coming weeks, including a new scheduler that will be disabled by […]
In a significant shift in financial policy, the Bank of Russia has announced its support for accelerating the adoption of cryptocurrency payments …
The price of Bitcoin fell drastically towards the $60,000 mark in the days leading up to the just concluded halving. On-chain data has shed light on what could very well be the reason for this price dip in the middle of all the excitement around the halving. Particularly, data has revealed that some miners have […]
A closely followed crypto strategist known for his timely altcoin calls believes two coins in the artificial intelligence (AI) subsector are going to see more downside price action. Pseudonymous analyst Altcoin Sherpa tells his 215,200 followers on the social media platform X that Render (RNDR), a project related to Graphics Processing Units (GPUs), could revisit […]
Bonk Inu is regaining strength amid the latest recovery in the global market cap. It is leading the top gainers chart with an impressive gain overnight but appeared to be facing a small hurdle at press time. Halting short-term correction above $0.00001 last week, Bonk stayed calm for some days and started to show signs […]
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Crypto privacy protocol Railgun has denied accusations that it is being used by North Korea and other United States-sanctioned entities to launder digital assets. This development comes as the crypto privacy protocol nears $1B total volume. Railgun Denies Lazarus Group Association Responding to claims made by crypto reporter Colin Wu through an X post, Railgun […]
Amid ongoing global tensions, the price of gold remains robust at $2,391 per troy ounce, while bitcoin continues to trade at a 12% deficit from its peak value. Recently, the U.S. House of Representatives approved a series of funding bills for Ukraine, Israel, and Taiwan. Following the bill’s passage, Russian Foreign Ministry spokeswoman Maria Zakharova […]
The cryptocurrency value has risen above the $0.38 support and has resumed its upward movement. The altcoin rose to a high of $1.37 and began a …
Investors are accumulating Ethereum in droves amidst what could become a return to bullish sentiment for the cryptocurrency. Ethereum is currently ranging around $3,170, with its price undergoing volatility in the past seven days. Amidst this price volatility, on-chain data has revealed an accumulation trend from Ether investors during the week. Additionally, transaction data has […]
The chief investment officer of crypto fund manager Bitwise says large investors now view Bitcoin (BTC) as a means of mitigating the risks of economic headwinds. In a new interview on the Cheddar YouTube channel, Matt Hougan says institutions are closely looking into Bitcoin amid concerns about persistent inflation and the US government’s rapid debt […]
A crypto whale that’s been dabbling in Solana (SOL)-based memecoins has become the largest holder of a dog-themed altcoin. First spotted by blockchain tracking firm Lookonchain, a deep-pocketed entity has accumulated $4.29 million worth of PUPS, a cartoony animal-themed meme token. PUPS was originally created for Bitcoin (BTC) Ordinals but also exists on the Solana […]
Uniswap (UNI) up 8% to dodge menacing slump and plot next upshoot
Floki has been gaining traction since yesterday due to a sudden surge in volatility. While the trend is still in a downward range on the short-term outlook, the bulls are trying to step back with a strong commitment. Last weekend marked a temporal halt in Floki’s bearish pattern after experiencing a steady bloodbath throughout the […]
Animoca Brands reported $558 million in digital assets on its balance sheet, as per its latest unaudited financial disclosures. Since December 2023, the company has acquired an additional $266 million in digital assets through various recent investments and token launches. According to the official announcement released earlier this week, the Hong Kong-based Web3 giant disclosed […]
Based on the latest data, the yield curve of the U.S. Treasury, which charts the yields for two-year and ten-year bonds, has remained inverted for a total of 656 days. This latest inversion joins previous records set in 1929, 1974, and 2008, all of which preceded substantial declines in the stock market. Recently, market observers […]
However, as seasoned traders know all too well, the cryptocurrency market is infamous for its volatility, with dramatic peaks and troughs that can …
Pro-XRP lawyer and Senate hopeful John Deaton is reportedly filing an amicus brief in support of top US-based crypto exchange Coinbase. According to court documents revealed by Fox Business journalist Eleanor Terrett, Deaton has filed for permission to appear in court in support of 4,701 Coinbase customers in the U.S. Securities and Exchange Commission’s (SEC) […]
Celestia (TIA), a red-hot cryptocurrency in the modular blockchain space, has experienced a rollercoaster ride in recent weeks. After reaching a peak of nearly $16, TIA underwent a correction, plummeting to $7.5 according to CoinMarketCap data. However, the token has displayed remarkable resilience, bouncing back to $11.50 and showcasing strong trading volume – a sign […]
TL;DR The Bitcoin halving is generating diverse perspectives among industry experts. JPMorgan maintains a cautious view, suggesting that the event is already reflected in prices and could lead to a short-term bearish trend. Other industry leaders, such as Bitwise CEO Hunter Horsley, express confidence in a significant price increase for BTC, even reaching $100,000. The […]
Halving events usually bring short-term BTC price drop, whether before or after event; but it is not long before BTC price bounces back
A JPMorgan Chase customer in Oregon says his nest egg vanished in one day after thieves siphoned $30,000 from his account. Alan Roberts says someone made a flurry of unauthorized transfers from his Chase business account on March 18th, reports the NBC-affiliated KGW News. According to Alan, his funds were diverted to a number of […]
The BlockDAG presale has reached an impressive milestone, raising $19 million and emphasising strong investor confidence in its potential. Meanwhile, the Shiba Inu community is in a frenzy of optimism, reflecting a positive sentiment that’s sweeping across its holders. At the same time, BitTorrent is experiencing a notable price surge, capturing the attention of the […]
Bitcoin’s price recovery continues following the recent massacres, and the cryptocurrency has jumped to about $65,000 as of now. The altcoins are even more in the green now, with ETH and BNB surging by approximately 4%, while SHIB has stolen the show. Bitcoin Aims at $65K It’s safe to say that the week leading to […]
JPMorgan Chase CEO Jamie Dimon has doubled down on his anti-bitcoin stance, emphasizing that the crypto is a fraud with no future as a currency. “It’s a Ponzi scheme,” the executive stressed. However, despite his strong opinion about bitcoin, JPMorgan is an authorized participant for Blackrock’s spot bitcoin exchange-traded fund (ETF). Dimon, while advising investors […]
The Bitcoin network completed its fourth "halving," which reduces miners' rewards and helps the cryptocurrency maintain its digital gold quality.
In recent weeks, ADA, the native token of the Cardano network. has drawn much speculation due to a rather turbulent price performance resulting in a decline of 18.77% in the past month. This negative price movement is similar to the majority of the cryptocurrency market following unprecedented massive dips in the price of Bitcoin. However, […]
A nonprofit crypto advocacy group says that a stablecoin bill proposed earlier this week by two US senators would violate free speech rights. In a new article, Coin Center says that the bipartisan stablecoin bill – proposed by Republican Senator Cynthia Lummis of Wyoming and Democrat Senator Kirsten Gillibrand of New York – is unconstitutional […]