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 […]
… This illustration photograph shows the Bitcoin cryptocurrency logo displayed …
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 […]
Key Takeaways: The first Bitcoin-native perpetual decentralized exchange (PerpDEX) has been deployed on Stacks by Velar, unlocking the utility of Bitcoin in DeFi. The PerpDEX enables leveraged trading on Bitcoin with capabilities similar to Ethereum-based DeFi applications but safeguarded by Bitcoin’s network. Built on Stacks’ Layer-2, Velar taps into the security of Bitcoin without introducing […]
Shibtoshi, the founder of the SilentSwap privacy-preserving trading platform, outlined several concerns that make institutions hesitant to adopt decentralized finance (DeFi) solutions, including privacy, a lack of standardized compliance regulations, and legal accountability. The DeFi founder told Cointelegraph that the high transparency of onchain transactions presents a problem for companies that must conceal sensitive information, […]
An emerging socio-demographic group is on course to become the most affluent generation by 2035, according to a new study by Bank of America’s research arm. Bank of America Global Research says that Generation Z (those born roughly between 1997 to 2012) will become the “largest and richest generation by approximately 2035.” A large part […]
A billion-dollar US bank is being sued for allegedly mishandling customer funds and worsening a crisis that locked 85,000 customers out of their savings. Yotta Technologies is accusing Evolve Bank & Trust of fraud, conspiracy, and negligence. Yotta offered a high-yield savings product, depositing customer money with Evolve for safekeeping. But in May 2024, after […]
The current atmosphere in the cryptocurrency market is one of increasing optimism, with Bitcoin at the forefront of a likely return to bullish territory. Reactions from institutional players and growing volumes of social media posts signal that the largest digital asset may be poised for a breakout. Recent events seem to guarantee a commensurate uptick […]
Data compiled Friday revealed a striking reversal for spot bitcoin exchange-traded funds, which snapped a ten-session inflow streak with a $93.16 million exodus—marking their first day of negative movement. Bitcoin ETFs Drain While Ether ETFs Gain The abrupt shift punctuated a previously unbroken stretch of positive momentum for U.S. bitcoin ETFs, culminating in a $93.16 […]
15 years ago, 184 billion Bitcoins came into existence through major bug
… is anticipated to surge to $1 trillion by the end of 2025, potentially serving as a significant catalyst for the broader cryptocurrency market.
The Cardano price has been on a slow roll lately, falling out of its $0.7 – $0.8 range over the past week. However, a crypto analyst has emerged with a bullish projection, expecting the altcoin to recover in the coming days. How ADA Price Can Reclaim $0.77 In a video posted on the X platform, popular […]
The United States has a 40% chance of a recession in 2025 amid the potential for a protracted trade war and macroeconomic uncertainty, according to market analyst and Coin Bureau founder Nic Puckrin. In an interview with Cointelegraph, the analyst said that while a recession is not probable, a recession and the current macroeconomic uncertainty […]
The U.S. Federal Deposit Insurance Corporation (FDIC) has just given its member banks the green light to conduct “crypto-related activities” without prior approval. The federal banking regulator rescinded a previous rule requiring supervised banks to send notifications if they wanted to get involved in digital assets. Now, the FDIC says its member institutions can conduct […]
The crypto investment giant Galaxy Digital has settled with the New York State Attorney General for $200 million after facing allegations that it illegally propped up the ill-fated LUNA token. New York Attorney General Letitia James alleges Terra founder Do Kwon recruited Galaxy Digital to purchase LUNA tokens and advocate for his project in the […]
Key Takeaways: MonkeDAO, one of the leading Solana-based decentralized autonomous organizations (DAOs), has acquired zBTC, making it the first DAO on Solana to have Bitcoin-backed reserves. zBTC is a Bitcoin-pegged token native to Solana that allows DAOs and DeFi protocols to access Bitcoin liquidity without leaving the ecosystem. Holding Bitcoin reserves provides greater financial stability […]
Two bills, which aim to establish digital asset reserves in Arizona, cleared the state’s House Rules Committee on March 24th and have now advanced to the House floor for a full vote. The proposed legislation includes the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which is […]
TL;DR Gelato has integrated its blockchain-as-a-service on Avalanche to facilitate the deployment of sovereign networks for institutions. The solution reduces costs and deployment times with interoperability through Avalanche InterChain Messaging. Companies like Kraken, Animoca Brands, Fox News, and eBay have already used Gelato’s technology for blockchain solutions. Gelato has integrated its blockchain-as-a-service on Avalanche to […]
TL;DR Over $14.2 billion in Bitcoin and Ethereum options expire today, representing more than 40% of the total open interest in the crypto market. The “maximum pain” level for BTC is $85,000, slightly below the current price, which could trigger short-term downward pressure. Despite widespread fear (Fear & Greed Index at 33), large investors are […]
XRP is trading at $2.11 to $2.13 over the last hour, with a market cap of $123 billion and a 24-hour trading volume of $3.39 billion, fluctuating within a price range of $2.06 to $2.22 as traders navigate a volatile market driven by conflicting technical signals. XRP On the one-hour chart, XRP has shown minor […]