TON Becomes Top 10 Cryptocurrency After 35% Surge. Telegram-linked The Open Network has overtaken Cardano by market capitalization, with its TVL …
Bitcoin price failed to settle above the $72,000 resistance. BTC corrected gains and now moving lower toward the $67,500 support zone. Bitcoin struggled to clear the $72,000 and $72,500 resistance levels. The price is trading below $70,000 and the 100 hourly Simple moving average. There was a break below a major bullish trend line with […]
Cryptocurrency project Toncoin is working together with HumanCode AI to develop an efficient and secure identity verification solution. Unlike Sam Altman’s Worldcoin, which relies on eye-scanning, the new product will use palms to verify identity. Participants will receive rewards for contributing their data via smartphone from a pool of USD $1M TON tokens. The necessity […]
Near’s smart contracts can manage Bitcoin, enabling users to easily deposit and use BTC for cross-chain DeFi applications. This functionality allows for borrowing and lending across blockchains, even liquidating BTC if collateral values drop. Near connects various blockchains, streamlining the use of cryptocurrencies and NFTs across different ecosystems without multiple wallets. Ilia Polosukhin, co-founder of […]
BitVM has recently come under some scrutiny after the Taproot Wizards, Tyler and Rijndael, posted their criticism of the liquidity requirements imposed on the operator of a BitVM based two-way peg. In all the recent discussions around BitVM based layer two solutions, I had taken for granted that people discussing them and interested in the […]
A widely followed crypto strategist thinks that Bitcoin’s current strength will push BTC to a price level that exceeds people’s expectations this cycle. Analyst Michaël van de Poppe tells his 711,000 followers on the social media platform X that Bitcoin managing to print a new all-time high above $73,000 before the halving – when miners’ […]
Bitcoin Cash (BCH) continues its rapid ascent as crypto markets enter Q2 2024 in excellent health, while Ethereum’s (ETH) price rises steadily. Analysts eagerly seeking the next big crypto project to explode onto the scene are championing Raboo (RBT), a new crypto at just $0.0036 in its presale, aiming to revolutionize the meme coin market […]
Keytom, a neobank centered around digital assets, has announced its launch, targeting the traditional fiat and cryptocurrency space.
TL;DR Unexpected Outflows: Despite Bitcoin’s surge above $72,000, Bitcoin ETFs saw a significant outflow of $200 million, casting doubt on the stability of the $69,000 support level and future price direction. Mixed ETF Performance: While Grayscale’s GBTC spot ETF experienced over $303 million in outflows, other ETFs like Bitwise and BlackRock’s iShares reported net inflows, leading to […]
TL;DR TON’s Resilience: Amidst a broad cryptocurrency market downturn, TON (The Open Network) surged by 23% and reached a new all-time high (ATH), demonstrating its strength against market trends. Bitcoin’s Fluctuations: Bitcoin struggled, dropping below $66,000 after a U.S. government transfer to Coinbase, and despite a brief recovery, it failed to maintain momentum above the […]
U.S. Bitcoin spot ETFs have absorbed $12.3 billion of net inflows since launching three months ago. Just how much have they impacted the broader Bitcoin market? Lead Glassnode analyst James Check provided analysis on Wednesday measuring the effect of Bitcoin ETFs next to the asset’s existing futures and spot markets – using on-chain data. Grayscale […]
Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie Dimon for downplaying the severity of the U.S. economic situation. However, he conceded that Dimon’s perspective is “a lot closer to being right than most […]
JPMorgan CEO Jamie Dimon has compared cryptocurrencies to steam engine and electricity
We’re thrilled to announce that Ondo (ONDO) is now available on Kraken! Funding and trading Funding for ONDO is live and trading starts on April 11. Add ONDO to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Only deposit ONDO on Ethereum. Deposits using other networks will be lost. Got […]
Crypto.com has received full operational approval from the Virtual Assets Regulatory Authority (VARA) for its Dubai entity, CRO DAX Middle East FZE. This approval paves the way for the launch of the Crypto.com Exchange, a platform targeting institutional investors in the region. The VARA’s approval signifies Crypto.com’s compliance with the pre-operational conditions outlined in the […]
In a detailed analysis shared on X, Miles Deutscher, a renowned crypto analyst, cast a spotlight on the burgeoning sector of Real World Assets (RWA) within the crypto market. Deutscher’s discourse comes in the wake of BlackRock’s groundbreaking venture into tokenized funds, signaling a seismic shift in the digital asset landscape. With projections indicating that […]
BitMEX founder Arthur Hayes has reportedly sent more than $1 million worth of the decentralized exchange (DEX) altcoin GMX (GMX) to centralized exchanges. Pseudonymous on-chain analyst EmberCN tells their 79,700 followers on the social media platform X that Hayes had controlled the largest personal address for GMX holders since 2022. On Sunday, the BitMEX founder […]
Leading Bitcoin advocates, academics and a bipartisan coalition of United States policymakers are set to gather at the National Press Club Ballroom in Washington, DC for the second annual Bitcoin Policy Summit hosted by the Bitcoin Policy Institute (BPI). Bitcoin Magazine is partnering with BPI to host a live stream of the event on its […]
Two of China’s largest asset managers have applied to list Bitcoin spot ETFs in Hong Kong, hoping to side-step strict restrictions on cryptocurrency inside mainland China. Crypto analysts anticipate an approval decision sometime in Q2 of this year, coinciding with a decision in the UK around the listing of Bitcoin spot ETNs. Noelle Acheson, the […]
As Ethereum kicked off the week with a strong performance, ERC20 assets have outpaced the broader market, recording an impressive growth of +8.1% over the past week. Powered by #Ethereum's rise to start the week, #ERC20 assets have been well ahead of the markets on average. The sector has grown by +8.1% in the past […]
According to the IEA, electricity consumption from data centres, artificial intelligence (AI) and the cryptocurrency sector could double by 2026.
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a surge in optimism in the cryptocurrency market. The emergence of two new whales, according to crypto tracking platform Spot On Chain, further adds to the bullish sentiment surrounding Ethereum. These whales have collectively withdrawn a substantial amount of ETH, totaling nearly 11,700 coins, […]
Ripple chief executive Brad Garlinghouse thinks macro factors could double the overall crypto market cap by the end of 2024. Garlinghouse told CNBC recently that regulatory momentum and the newly approved spot Bitcoin (BTC) exchange-traded funds (ETFs) could drive a massive surge in crypto prices. “I’ve been around this industry for a long time, and […]
Ava Labs CEO Emin Gün Sirer believes that the masses are completely clueless about the technological innovations of crypto and blockchain. The CEO of the Avalanche (AVAX) development firm says in a new Real Vision interview that the “entire [crypto] space is incredibly undervalued.” According to Gün Sirer, cryptocurrency and blockchain technologies are far superior […]
[PRESS RELEASE – Please Read Disclaimer] Dubai, UAE — TOKEN2049, the leading global Web3 and crypto conference series, has unveiled the initial speaker lineup for its inaugural Dubai edition, which will be taking place from 18-19 April 2024. The first round of the event’s speaker lineup has been made public. The list includes Paolo Ardoino, […]
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that cryptocurrencies now represent about 11% of his portfolio. He stressed that he owns crypto coins directly and would never buy spot bitcoin exchange-traded funds (ETFs). “I would never do that. Why would I pay the fees?” he emphasized, adding that he owns bitcoin and […]
Galaxy Digital CEO Mike Novogratz is convinced that the US Federal Reserve is going to cut rates, but the odds of three rate cuts in 2024 look increasingly dim
We’re thrilled to announce that Beam (BEAM) is now available on Kraken! Important: Kraken will not be supporting the migration of MC tokens to BEAM. If you hold MC tokens and wish to migrate them, please follow the instructions provided in this tutorial and FAQ: Beam Token Migration Tutorial and FAQ. Alternatively, you can directly […]
TL;DR Mike Novogratz, CEO of Galaxy Digital, predicts interest rate cuts by the U.S. Federal Reserve. Mike highlights the potential positive impact for assets like Bitcoin and precious metals in case of interest rate cuts. The CEO advocates for a balanced approach in economic policy that addresses both immediate recovery needs and long-term fiscal sustainability. […]
Japanese firm Metaplanet announced it is purchasing 1 billion yen (about $6.5 million) worth of Bitcoin as part of its corporate treasury strategy, a move that mimics MicroStrategy’s high-profile Bitcoin accumulation. Metaplanet, a publicly traded company listed on the Tokyo Stock Exchange, a diversified enterprise, revealed the Bitcoin buying initiative on X. The company cited hedging […]
Phishing scams are bubbling up on the Ethereum (ETH) block explorer Etherscan, according to the cybersecurity firm Scam Sniffer. The firm says Etherscan aggregates advertisements from crypto and web3 ad networks Coinzilla and Persona, which could be using “insufficient” filtering that enables exposure to phishing attempts. Source: Scam Sniffer/X Scam Sniffer has previously noted crypto […]
Neo, a decade-old blockchain project, has risen from the ashes to reach its highest price in nearly two years. The surge comes on the back of a speech made by the project’s founder at a Web3 Festival in Hong Kong, causing a 40% price rise in just a few days. The speech outlined a vision […]