Crypto asset manager Bitwise says that an unnamed investor wants to seed hundreds of millions of dollars into its planned spot market Bitcoin (BTC) exchange-traded fund (ETF). According to a new S-1 document filed with the U.S. Securities and Exchange Commission (SEC), an unidentified investor is planning on seeding $200 million into Bitwise’s potential ETF, […]

The escalating risks to the security of web3 have become significant concerns for the future of this decentralized internet paradigm. Beyond the financial implications, the losses incurred from hacking attempts on web3 and smart contracts have cast doubts on the dependability of this emerging technology.  Globally, the perception of web3 as the next phase in […]

Which top coins can keep today’s growth going?

To enhance cryptocurrency services, eToro, the global trading and investment platform, has announced a partnership with Tangany, a Munich-based fintech specializing in crypto custody solutions. The collaboration aims to provide secure and transparent crypto asset custody services for eToro users in Germany. Tangany to Provide Crypto Custody Solutions for eToro’s German Users Starting from the […]

The XRP price has been languishing in a protracted consolidation phase recently. Yet, a recently presented technical forecast by chart specialist Egrag Crypto suggests an impending shift in this trend may be on the horizon. The 5-day XRP/USD chart shared by Egrag suggests a potential price breakout, with a long-term price target above $22. Egrag’s […]

The post Ava Labs CEO Weighs In on Cultural Significance of Memecoins, Says Crypto Assets Can Derive Value From Being Fun appeared first on Crypto News Australia.

As the dust from New Year’s fireworks settles, Bitcoin continues to surge, leaving its crypto peers behind with significant recent gains and optimistic forecasts. Some advised diversifying into promising altcoins while mainly focusing on top assets like Bitcoin and Ethereum. 2024 could shape out to be a significant year for crypto with events like Spot […]

TL;DR As it typically happens when BTC goes hard in either direction, a certain cohort of over-leveraged traders feel the pain. The primary cryptocurrency soared past $45,000 for the first time in almost two years, leaving more than $140 million worth of liquidations on a daily scale. Bitcoin’s price stood still for over a week […]

The US government is piling debt onto its balance sheet at a blistering pace. The latest data from the Treasury Department shows the government’s debt jumped from $33.802 trillion on December 1st to $33.911 trillion on December 28th – an uptick of over $108.549 billion in a single month. As the country’s debt continues to […]

Popular crypto analyst Altcoin Sherpa says that one artificial intelligence (AI) project will definitely make new highs in the near future. The pseudonymous analyst tells his 203,000 followers on the social media platform X that Fetch.ai (FET) will benefit from a bullish narrative looking ahead into 2024. Fetch.ai is a blockchain-based AI platform that aims […]

In the crypto sphere, data revealed that hackers stole $2 billion USD in cryptocurrency throughout 2023. Rounding out the week was Bandai Namco's …

Tellor (TRB) went on a rollercoaster in the past 24 hours, with its price experiencing a surge and a drop that is comparable to that of price manipulation. As a result, the crypto surged to over $600 in the late hours of 2023 before crashing down to $137.  According to data from CoinGlass, TRB witnessed […]

Which altcoins can return to bull run soon?

As January unfolds, the cryptocurrency market braces for a flurry of token unlocks, marking a busy start to the year. Token Unlock, a reputable tracker of locked tokens, has disclosed details about upcoming token releases set for the initial week of January 2024. Token unlocks represent the liberation of tokens previously held in escrow or […]

Widely followed economist Alex Krüger is issuing a warning to traders about Bitcoin (BTC), saying that the crypto king could crash after the approval of a spot market exchange-traded fund (ETF). In a lengthy thread, the analyst tells his 158,900 followers on the social media platform X that he believes the U.S. Securities and Exchange […]

The chief strategy officer of digital asset manager CoinShares says two factors are fueling Bitcoin’s (BTC) recent rallies. In a new interview with Bloomberg Television, Meltem Demirors says BTC’s run-up since November is being primarily driven by two catalysts that few analysts saw coming. According to Demirors, the first factor is the inflow of funds into […]

Bitcoin is not the only digital asset making big gains at the beginning of the new year. A number of altcoins are also surging, and a handful of them have been leading markets for months, with analysts predicting huge gains in 2024. Total crypto market capitalization has reached its highest level since May 2022, as […]

[PRESS RELEASE – Zug, Switzerland, January 2nd, 2024] In collaboration with Telekom MMS, a wholly-owned subsidiary of Deutsche Telekom, stc Bahrain, Heartcore Capital, Arca Finance, Cardinal Cryptography, and others, the hybrid event offers different tracks with up to $575K USD in bounties and funding opportunities. The Aleph Zero Foundation, committed to the advancement and adoption […]

Highly anticipated cryptocurrency project Worldcoin … The project was criticized both for its business model that involves scanning people's irises in …

An analyst has pointed out two demand zones that could be important for Bitcoin. Here’s what could be next for BTC based on these supply walls. Bitcoin On-Chain Support And Resistance Levels Could Provide Hints For What’s Next As explained by analyst Ali in a new post on X, Bitcoin has recently been floating between […]

How big is chance to see growth of Ethereum (ETH) or XRP against neutral Bitcoin (BTC)?

A crypto strategist believes that one altcoin that’s flying under the radar is gearing up for a big breakout surge. Pseudonymous analyst The Crypto Dog tells his 755,600 followers on the social media platform X that the native asset of the decentralized exchange (DEX) GMX (GMX) is forming a huge bullish pattern on the weekly […]

Ethereum, the second-largest cryptocurrency globally, is gearing up for a potential surge, capturing the attention and anticipation of the crypto community. As of now, Ethereum is valued at $2,330, showcasing a daily increase of 1.64% and a monthly growth of 8.16%. This consistent uptrend fuels speculations that Ethereum might soon reach the $5,000 mark. According […]

What an eventful year it has been for the crypto industry! With 2023 coming to an end, the cryptocurrency space has had its share of battles and victories, all of which continue to shape an industry that, though still growing, has managed to make a mark in the global financial sector. This year, regulators came […]

Leading crypto analysts emphasize the importance of not fixating on Bitcoin’s price fluctuations in light of the potential approval of a Bitcoin exchange-traded fund (ETF). Both analysts acknowledge uncertainty about Bitcoin’s price outcome if the US SEC approves Bitcoin ETFs on January 10. Analysts Indicate Difficulty in Predicting Bitcoin’s Price Meltem Demirors posted a Reddit […]

Web3 security experts believe that the cross-chain project Orbit Chain lost around $81 million as the hackers gained access to seven out of ten multisig signers. While the world was busy celebrating New Year’s Eve, the hackers were draining funds from yet another project. Orbit Chain Investigates Root Cause of Hack Orbit Chain informed the […]

Transferring Funds: Transfer the chosen cryptocurrency from the exchange to your wallet. Selecting a Validator: Validators are nodes responsible for …

As the crypto market marches into 2024, various industry experts and financial analysts have recently cast their respective Bitcoin (BTC) predictions for the year. Among the voices offering insights, Mark Mobius of Mobius Capital Partners LLP stands out for his historically accurate predictions. Having correctly forecasted Bitcoin’s fall to $20,000, Mobius now envisions a climb […]

A popular crypto analyst believes that the current upside potential for Bitcoin is limited despite the possible approval of spot market BTC exchange-traded funds (ETFs). Widely followed strategist Michaël van de Poppe tells his 680,000 followers on the social media platform X that the top crypto asset by market cap will rally somewhere between $48,000 […]

Can DOGE, SHIB or BONK keep rising next week?

A trader who accurately called Bitcoin’s (BTC) 2018 market bottom is predicting fresh all-time highs for one decentralized exchange (DEX) altcoin. Pseudonymous analyst Bluntz tells his 234,000 followers on the social media platform X that a bullish divergence just flashed on the four-hour chart of Injective (INJ). Traders often keep a close eye on bullish […]

MetisDAO has experienced a substantial surge in its ecosystem, marked by strategic moves, particularly the introduction of a $360 million incentive program. The Ecosystem Development Fund (EDF), recently disclosed by the MetisDAO Foundation, amounting to 4.6 million METIS (which is equivalent to over $360 million), stands out as a pivotal milestone for the Metis network.  […]