FET is facing strong downward pressure as bearish signals take hold, with the Relative Strength Index (RSI) suggesting further weakness could be on the horizon. Recent declines have pushed FET’s price closer to key support levels, and the RSI’s current reading hints at a continuation of the bearish trend. With a potential drop toward the […]
Real Vision’s chief crypto analyst Jamie Coutts is saying that Bitcoin (BTC) could witness an over 155% surge from current levels during this market cycle. In an appearance on Raoul Pal’s The Journey Man YouTube channel, Coutts says that Bitcoin could explode to six-figure territory as the global money supply increases. “My base case is […]
A widely followed cryptocurrency analyst and trader is leaning bullish on a large-cap Ethereum (ETH) competitor while outlining the path forward for the Goatseus Maximus (GOAT) memecoin. Starting with the Ethereum rival, the analyst pseudonymously known as Sherpa tells his 228,300 followers on the social media platform X that Solana (SOL) is set to surge […]
TL;DR Shift to Tokenized Funds: Wall Street traders are increasingly turning to tokenized money-market funds, which offer stability and attractive yields of 4% to 5%, as an alternative to stablecoins. Interest Generation: Unlike stablecoins, tokenized funds can generate interest from their underlying assets, making them a more appealing option for investors seeking returns. Institutional Adoption: […]
Russia’s push for a BRICS payment system is gaining traction, with partners endorsing the plan to counter an “outdated, expensive, and ineffective” global framework. BRICS Partners Support Russia’s Plan for a New Payment System Russian Deputy Finance Minister Ivan Chebeskov announced that BRICS partners have shown strong support for Russia’s proposal to develop a BRICS […]
Bitcoin has reclaimed $68,000. Is it ready for new highs?
The hacker who looted nearly $22 million worth of crypto from a US government wallet this week appears to have returned the vast majority of the funds, according to the digital asset deanonymizing platform Arkham. On Thursday, the exploiter plundered the crypto from a government address that hadn’t moved any digital assets in eight months. […]
A recent study from CoinGecko highlights the top blockchains with the most attractive staking yields. Notably, only three blockchains provide yields exceeding 10%. Leading the pack is Cosmos ($ATOM), offering an impressive staking yield of 18.5%. With a staking ratio of 59%, approximately 248.8 million ATOM tokens—valued at around $1.2 billion —are currently staked on […]
Lamine Brahimi discusses how blockchain-based government bonds could revolutionize debt markets, with benefits including lower borrowing costs and efficient settlements.
RBI Governor Shaktikanta Das says cryptocurrency has huge financial stability risks, monetary stability risks, and poses risks to the banking …
The Solana native coin is generating news as it goes against the trend, lately surpassing $176 in a move that has piqued the crypto world’s interest. This gain is especially surprising given the sour mood around the crypto just weeks ago, with several analysts predicting the altcoin would suffer. But Solana has defied the odds, increasing […]
A closely followed crypto analyst says the crypto markets are about to go parabolic, predicting a massive six-figure price tag for Bitcoin (BTC). In a new strategy session, crypto trader Michaël van de Poppe tells his 733,700 followers on the social media platform X that if they believe in the narrative surrounding BTC’s halving cycles, […]
On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that businesses engaged in cross-border virtual asset trade register with authorities and submit monthly transaction reports to the Bank of Korea. The move follows significant concerns […]
The board of tech giant Microsoft has recommended voting against a proposal that would assess the viability of investing in Bitcoin
This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.
TL;DR An attack on the Base blockchain resulted in the theft of approximately $1 million through unverified loan contracts. The exploited vulnerability allowed for Wrapped Ether (WETH) price manipulation through excessive borrowing. Security firm Cyvers Alerts reported the incident, highlighting the need to improve security on DeFi platforms. On October 25, blockchain security firm Cyvers […]
The amount of Energy on the TRON DAO network has doubled over the past three months, signaling increased capacity for smart contract activity. Energy is essential for executing smart contract transactions on TRON, and with more Energy available, the network can handle higher demand while mitigating cost spikes during periods of congestion. The amount of […]
Lunex Network is quickly attracting attention from Uniswap (UN)I and Tron (TRX) investors in the cryptocurrency market.
Ethereum is the laggard in this bullish cycle. When Bitcoin soared to register fresh all-time highs, easing past $70,000 in March, ETH prices struggled to break $4,000. When it did, the best the coin could do was retest $4,100 before dumping hard. In the past seven months, after the second most valuable coin registered 2024 […]
Solana (SOL) co-founder Anatoly Yakovenko says that the project’s biggest competitor is now Coinbase’s Ethereum (ETH) scaling solution. In a new interview on the Unchained Crypto YouTube channel, Yakovenko says Coinbase’s Base has become Solana’s biggest rival due to the amount of network activity. “Base is probably the closest competitor now, I would say, when […]
Bitcoin’s price cycles have long been a source of intrigue for investors and analysts alike. We can gain insights into potential price movements by comparing current trends to previous cycles, especially with Bitcoin seemingly coming to an end of its consolidation period, many wonder if the next leg up is around the corner. Comparing Bitcoin […]
The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.
The Russian Finance Minister offered insight into the inner workings of the new BRICS payment system at the recent summit held in Kazan. Anton Siluanov stated that the modern system will take digital financial assets into account and will be able to deliver financial messages. BRICS Proposed Payment System Might Use Digital Assets as Currencies […]
The US presidential race is close between Harris and Trump, with the election less than two weeks away. Crypto markets lean towards Trump due to his recent pro-crypto stance and promise to replace SEC head Gensler. Polymarket shows strong betting favour for Trump, influenced by a significant wager from a French trader. Ripple CEO Garlinghouse […]
TL;DR BlackRock, through its IBIT fund, holds more than 2% of Bitcoin’s circulating supply, making it one of the main institutional investors in cryptocurrencies. In a nine-day period, IBIT acquired 29,714 BTC, investing approximately $2 billion. With an accumulated net inflow of $23.69 billion, it stands out as the most successful ETF launched in the […]
TL;DR Binance Connect relaunches with an integrated fiat-to-crypto solution, enabling transactions from Binance accounts and DeFi wallets. The platform supports over 100 fiat currencies and 300 cryptocurrencies, offering competitive pricing and diverse payment options. Binance Connect simplifies integration for crypto businesses, fostering Web3 adoption with regulatory compliance. The relaunch of Binance Connect is an important […]
Bitcoin, the largest cryptocurrency by market value, fell as much 3.3% to $65,878, after trading little changed for much of Friday. Solana slumped …
The current trajectory of Bitcoin (BTC) prices could push it to the $100,000 mark within the next 90 days, regardless of the results of the U.S. presidential election. Bitcoin At $100,000 By February 2025? Crypto analyst Timothy Peterson suggests that BTC’s current price movement is not substantially different from previous trends, raising questions about the […]
A new statue depicting Bitcoin’s anonymous creator Satoshi Nakamoto has just been unveiled in Switzerland. Earlier this morning at the 3rd Annual Lugano Plan B forum in Switzerland, the Plan B Initiative, a collaboration between Tether and the city of Lugano, revealed a statue honoring the faceless BTC creator. “Disappearing Satoshi Nakamoto statue unveiled” Source: […]
Here’s Why Bitcoin Traders Are Turning to Plus Wallet After Telegram’s Legal Update As security threats escalate, the cryptocurrency sector is intensifying its commitment to regulatory compliance and enhanced safeguarding measures. The Telegram Wallet app has recently announced its capability to support law enforcement in evidence gathering, a move that smartly balances its legal responsibilities […]
At Lightspark Sync, Lightspark’s first partner summit on Thursday, the company announced new products and features that will allow users to make global payments with both bitcoin and fiat. The company announced that it has launched an alpha version of Spark, a Bitcoin Layer 2 that’s interoperable with Lightning and that makes it cheaper to […]