A stock market recovery, investors’ anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains.
Ripple has undergone another sharp drop, breaking below the critical 100-day moving average of $0.53. This breakdown underscores the bearish outlook for the asset, with the price likely to continue its downtrend after a period of temporary consolidation. XRP Analysis By Shayan The Daily Chart A closer look at the daily chart shows that Ripple […]
Largest cryptocurrency approaching ‘critical juncture,’ according to this expert
Rollups have become the narrative focus of scaling Bitcoin lately, becoming the first thing to truly “steal the limelight” from the Lightning Network in terms of wider mindshare. Rollups aim to be an off-chain layer two that is not bound or constrained by the liquidity limitations that are central to the Lightning Network, i.e. end […]
The Commodity Futures Trading Commission (CFTC) is filing a motion to shut down Kalshi’s election betting markets after the firm scored up a legal victory against the regulator. According to new court documents, the CFTC is asking a US court for an emergency stay of a judge’s recent decision to overturn the regulatory body’s order […]
A closely followed crypto strategist believes that one decentralized finance (DeFi) altcoin is gearing up for “explosive” rallies. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that the native token for lending platform Aave (AAVE) could soon spark another leg up after trading in a range for weeks. “AAVE’s […]
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Coinbase’s legal troubles deepened last week after a US judge allowed a class action lawsuit from shareholders to move forward. The lawsuit claims the crypto exchange misled investors about its exposure to regulatory risks, particularly from the US Securities and Exchange Commission (SEC). Heightened Scrutiny This ruling comes as Coinbase faces heightened scrutiny from regulators. […]
TL;DR Bitfarms has rescheduled its special shareholders‘ meeting from October 29 to November 6, 2024, to address a request from Riot Platforms. Riot has requested a restructuring of Bitfarms’ board of directors and improvements in governance, in response to concerns about recent changes. The company proposes adding a new member to its board of directors […]
TL;DR Forbes Web3 will launch a new blockchain-based loyalty platform in collaboration with qiibee foundation later this year. The program will allow users to earn, track, and redeem rewards such as gift cards, donations, and airline miles. Attendees of the Crypto Carnival in Singapore will get a preview of the platform and receive FOR3 points […]
Analysts have signalled that factors such as inflationary supply dynamics, diminished network activity, and overall lack of demand for ETH are the main reasons for the coin’s underperformance. Since The Merge, ETH has underperformed Bitcoin by 44%, and is at its lowest level since April 2021. Bitcoin ETFs have witnessed hundreds of millions in outflows, […]
Democratic donors are pushing Vice President Kamala Harris to replace Lina Khan (FTC Chair) and Gary Gensler (SEC Chair) if she wins the 2024 election. Gary Gensler is actually under fire from both Democrats and Republicans, particularly over his tough regulatory stance on cryptocurrencies, with many calling for his replacement, including Trump and Cuban. Ripple […]
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Venezuelan opposition leader María Corina Machado proposes creating a bitcoin reserve, Venezuelan President Nicolás Maduro states that the country must retake the crypto path, and a GAFILAT report indicates that bitcoin has not […]
Uniswap's (CRYPTO: UNI) price has increased 3.84% over the past 24 hours to $6.55. Over the past week, UNI has experienced an uptick of over 9.0%, …
As Dogecoin (DOGE) faces ongoing market pressure, a growing number of Dogecoin (DOGE) whales are diversifying their portfolios by investing in Mpeppe (MPEPE), a rising star in the meme coin and mobile gaming ecosystem. With its strong focus on mobile gaming and casino utility, Mpeppe (MPEPE) has become an attractive alternative for those looking for […]
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.”
Digital assets manager CoinShares says that institutional crypto investors pulled hundreds of millions in capital from digital asset products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products suffered $726 million in outflows last week driven by strong economic data releases. “Digital asset investment products experienced significant outflows […]
The CEO of Tether says that the stablecoin issuer’s synthetic aUSDT product is backed by gold rather than Bitcoin (BTC) because the precious metal is more stable in price than the crypto king. In a new interview with Bloomberg, Paolo Ardoino says the firm could have chosen Bitcoin to back aUSDT but BTC’s tendency to […]
Friend.Tech, the Web3 social networking platform that allows users to trade tokens for access to influential individuals’ feeds, is seemingly winding down just one year after its successful launch. On September 8, the developers behind it relinquished control of its smart contracts by transferring ownership to Ethereum’s null address. This action locks the system in […]
Has price of Cardano (ADA) found local bottom yet?
In today’s financial world, understanding Bitcoin is no longer optional—it’s essential. As the sector grows and continues to attract attention from traditional finance, the need for high-quality, data-driven analysis has never been greater. That’s why we at Bitcoin Magazine Pro are excited to introduce The Bitcoin Report, a new monthly research digest tailored specifically for […]
The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision follows the Russian State Duma’s July approval of a legislative package to legalize digital currencies, allowing exchange trading under the oversight of the […]
Pseudonymous crypto analyst TechDev says that Bitcoin (BTC) and digital assets are in the middle of a massive bear trap before the next leg up. TechDev shares a chart with his 467,000 followers on the social media platform X that suggests Bitcoin’s market cycles happen in a series of stages starting with “accumulation” and ending […]
VanEck announced last Friday that its futures-based Ethereum ETF, Ethereum Strategy ETF (EFUT), will cease trading on September 16 and will be liquidated on or around September 23. EFUT has seen a lack of investor interest since the July launch of the firm’s Ethereum spot ETF, VanEck Ethereum ETF (ETHV). VanEck’s decision reflects a broader […]
Media Giant Fox News Features BlockDAG’s Soccer Deals: Is A Major Exchange Listing Next? Plus, Polkadot & Monero Updates CoinGecko reports that over 0.54 million new crypto tokens were created by April 2024—averaging an astonishing 5,300 launches a day! But in this sea of new cryptos, one presale has taken the crown: BlockDAG. Recently spotlighted […]
'Funds via cryptocurrency, blast on Ram temple inauguration day': What NIA chargesheet said about Rameshwaram cafe blast accused. TOI News Desk …
Ethereum is still one of the worst-performer of the top largest cryptocurrencies by market cap despite being incredibly popular. This bearish movement has seen an increasing number of investors being moved into the red as the price drops. If this continues, then the ETH price could fall below $2,000 again. But there is still a […]
Crypto ownership has not significantly risen even with the bear market over, according to the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute.
Shiba Inu (SHIB) buzzing with two trillion surge in whale transactions as major players intensify interest in popular meme-inspired cryptocurrency
TL;DR Neiro on ETH (NEIRO) surged by 250% in the past week, supported by major exchanges like Binance and Crypto.com. Analysts are optimistic about its future, predicting further gains and comparing its potential to previous explosive growth in other meme coins. The Top Performer The meme coin sector has stalled lately, with numerous tokens underperforming […]
Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing business with the United States because we are going to impose a 100% tariff on your goods.” These statements come months after reports indicated that […]
Law firm Covington & Burling has denied Steven Nerayoff’s allegations, calling his lawsuit “meritless” and vowing to “vigorously” fight it.