Cryptocurrency analyst Kevin Svenson is saying that Bitcoin (BTC) could skyrocket by triple digits from the current level. Svenson tells his 73,500 followers on the social media platform X that based on historical precedent, Bitcoin could appreciate by roughly between 50% and 201%. “…based on the ratio of past gains gives me $95,000 as the […]

Diving into the Akash Network launch, we unveil a seismic shift in crypto with AKT’s unprecedented ascent. Turning our gaze to the Arweave price climb and its expanding role in data storage paints a bright future. Amidst these developments, BlockDAG (BDAG) is a compelling candidate for the best crypto to buy today, signalling a new […]

… cryptocurrency investments. In Germany, cryptocurrency taxes are determined by how long an investor has held their crypto. After holding crypto …

Bitcoin is still struggling to reclaim its all-time high even after staging an impressive recovery in the last day. The bounce up from $60,000 to $68,000 has no doubt reignited confidence in the market, but the cryptocurrency continues to face some challenges in its bid for a new all-time high. Outflows Continue To Rock Bitcoin […]

Hut 8’s investors who incurred significant losses due to alleged securities fraud have the opportunity to lead a class action lawsuit against the firm. The period in question spans from November 9, 2023, to January 18, 2024, during which Hut 8 Corp. is accused of withholding crucial information from investors. Investors’ Claims According to the […]

The Stratum Reference Implementation (SRI) team has unveiled SRI 1.0.0, a new milestone in their journey to decentralize and optimize bitcoin mining, according to a press release sent to Bitcoin Magazine. This latest release is now available for immediate testing and seamless integration. Some key highlights of SRI 1.0.0 include: Miners can connect to SV2 pools without […]

Avalanche Foundation, the non-profit organization behind the Avalanche ecosystem, has launched the first phase of a $1 million liquidity mining incentive program dubbed Meme Coin Rush. According to an announcement seen by CryptoPotato, the first phase has been kicked off with participation from liquidity management and decentralized market-making platform SteakHut and decentralized exchange Trader Joe. […]

Bitcoin (BTC) has staged a sharp recovery rally after finding crucial support, providing relief for crypto bulls. The world’s largest cryptocurrency is back above $67,000 at the time of writing, regaining ground after the recent selloff. Riding bullish sentiment of its own is the Green Bitcoin (GBTC) project, which has now raised over $7 million […]

Coinbase founder and CEO Brian Armstrong is saying that Ethereum (ETH) is a commodity under US federal law just like Bitcoin (BTC). The classification is an important one as the U.S. Securities and Exchange Commission (SEC) is considering several applications to launch ETH exchange-traded funds (ETFs). The SEC approved ETFs for Bitcoin earlier this year. […]

TL;DR Bitcoin ETFs in the United States have experienced three consecutive days of net outflows, totaling $742 million during that period. The Grayscale Bitcoin Trust (GBTC) has been the main contributor to these outflows, with $386.6 million. Despite the outflows from Bitcoin ETFs, the price of BTC has shown a 4.75% increase in the last […]

Key points of the news The Avalanche Foundation launches Phase 1 of Memecoin Rush, a liquidity mining incentive program. The goal is to scale liquidity and promote momentum in the community coin ecosystem. SteakHut and Trader Joe are the first participants, offering trading strategies and adding liquidity for certain community tokens. The Avalanche Foundation has […]

Dogecoin (DOGE) whale volume tops $5.2B, will this trigger price surge?

N26 launches its new cryptocurrency trading product. Already available in 7 of its 24 European markets, N26 Crypto will launch in France.

After a stunning retrace, Bitcoin witnessed a notable recovery as Wednesday closes rising from the $61,000 price mark to $67,000, triggering hopes within the cryptocurrency community that a bullish movement might be imminent. However, the crypto asset has not exactly returned to the point it was a week ago, especially since BTC reached a new all-time […]

Anthony Pompliano views recent Bitcoin dip as minor, emphasising its significant long-term growth over the S&P. He highlights Bitcoin’s inherent volatility, tied to its status as a top-performing asset. Pomp compares investing in meme coins to gambling, noting their appeal and high-risk nature. Anthony Pompliano made some comments on the recent market pullback, speaking to […]

In the vast expanse of the cryptocurrency market, meme coins have carved out their niche, captivating investors with their unique blend of culture, humor, and potential for significant returns. Among these, Floki (FLOKI) has stood out as a favored choice for many, drawing inspiration from the wider world of internet memes and the influence of […]

Palladium and Botanix Labs have announced the launch of a new stablecoin, PUSD, on Bitcoin’s first EVM-equivalent Layer 2 network, according to a press release sent to Bitcoin Magazine. The PUSD stablecoin, developed by Palladium Labs, boasts a unique feature of being over-collateralized by 110%, a strategic measure aimed at enhancing its resilience against potential […]

The crypto analytics firm Glassnode believes Bitcoin (BTC) is now entering a period of market correction and price volatility after a massive rally this year. In a new YouTube video, the analytics firm says key indicators suggest Bitcoin is “taking a breather” as holders are selling off for profits after the crypto king soared 175% […]

MicroStrategy continues to gobble up Bitcoin (BTC) amid the ongoing crypto bull market. MicroStrategy co-founder Michael Saylor says the firm used the proceeds from convertible notes and excess cash to buy an additional 9,245 BTC for approximately $623 million, at an average price of $67,382 per Bitcoin. The company now owns 214,246 BTC, which it […]

Contrary to the perception that decentralized applications (dapps) are unstoppable, many are “reliant on centralized middleware components in the extreme.” James Bayly, COO at Subquery, argues that such an overreliance on centralized middleware components or their providers “completely undermines [the] supposedly decentralized applications and networks.” The Value of Centralization in Web3 However, in his written […]

Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which […]

This was warning sign that a lot of Bitcoin bulls ignored

TL;DR Bitcoin experiences its largest drop in two weeks, with an 8% decrease in its price. Bitcoin ETFs witness the biggest outflows since their debut in January. Factors such as excessive leverage and the decline of Ethereum also contribute to the market’s fall. In the past 24 hours, the price of Bitcoin has seen a […]

TL;DR The SEC has announced extensions in its decisions regarding the approval of Ethereum ETFs. Bloomberg analyst James Seyffart anticipates the rejection of ETH ETFs in the next SEC evaluation on May 23. Delays in the approval of the ETFs affect investors and highlight the need for greater regulatory clarity. The United States Securities and […]

Similar to Pepecoin (PEPE), Shiba Budz (BUDZ) captured the imagination of the cryptocurrency community with its innovative features and enticing value …

In an analysis shared with his nearly 100,000 followers on X (formerly Twitter), the crypto analyst known by the pseudonym Xremlin (@0x_gremlin) has pinpointed Base as the burgeoning hub for memecoin enthusiasts and investors. This proclamation follows a season of unprecedented gains in the Solana memecoin market, with tokens like BOME, WIF, and SLERF achieving […]

Japan’s official government pension fund is curious about Bitcoin (BTC) and crypto. On Tuesday, the Government Pension Investment Fund (GPIF) requested information from the public on illiquid assets that it hasn’t already invested in. The fund listed specific examples of potential investments that it is looking for info about, including forests, farmland, gold and crypto […]

As the value of your bitcoin grows, so does your need for secure key storage. One such solution is a hardware wallet, a physical device that allows you to securely hold the keys to your bitcoin. But hardware wallets aren’t the only option for storing your bitcoin keys—there are also software wallets, paper wallets, and […]

Arguably, the most critical economic announcement of the year came this morning concerning the future of interest rates in the US, sparking a market-wide rally following the announcement. BlackRock continues to push forward with real-world tokenisation of assets. Altcoin analysis for ARB and XAI – Two assets with fundamentally positive impacts from the recent Ethereum […]

Bitcoin’s hot-and-cold streak continued overnight, as the cryptocurrency gained nearly 9% after falling 15% from its peak. The US Federal Reserve’s decision to halt interest rate hikes was a catalyst, with the cash rate remaining steady at 5.5%. The reserve noted that the nation’s economy was generally steady, and that rate cuts were likely to […]

In an era where the cryptocurrency market is characterized by its volatility and unpredictability, a new DeFi token, Option2Trade (O2T), priced at $0.0181, is making waves by defying the bearish market trends that have dominated recent months. This remarkable defiance has caught the eye of both investors and analysts, including a renowned crypto professor who […]

Publicly traded bitcoin mining companies experienced a revival this week, as numerous stocks saw double-digit increases on Wednesday. Shares of Cleanspark soared by 22.8%, Marathon’s shares climbed by 16.1%, and Riot’s shares increased by 11.81% throughout the trading day. Bitcoin Mining Equities See Recovery With Stellar Wednesday Gains With less than a month remaining until […]