Avalanche (AVAX) outperforms majority of large-caps, jumps to pre-LUNA-collapse levels
Unveiling the Blockchain: The Subversive Backbone of Cryptocurrency. Pexels. Jon Stojan. Contributor. Story by OKX. Ever stopped to think about how …
Bitwise, the aspiring applicant for a spot Bitcoin ETF, has unveiled a captivating commercial aimed at advocating for it’s upcoming Bitcoin Exchange-Traded Fund (ETF), if approved by the Securities and Exchange Commission (SEC). “A word to the wise, from a man of few words. #bitcoinisinteresting”, Bitwise said. The commercial, appears to be targeted towards the […]
The recent surge in Ordinals inscriptions, not limited to Bitcoin alone, has sent shockwaves through various blockchain networks, notably impacting Ethereum Virtual Machine (EVM) chains with a significant increase in gas spending during the weekend. Bitcoin’s inscription phenomenon has posed a unique set of challenges, and its repercussions have extended to networks like Arbitrum (ARB). […]
Last week, bitcoin (BTC) rallied past $44,000 but hit a significant resistance level at almost $45,000 and came tumbling down. According to a report by an analyst at market analytics platform CryptoQuant, profit-taking by a certain investor cohort may have caused BTC’s price to retrace. BTC’s Short-term Retracement CryptoQuant’s analyst Yonsei discovered through an analysis […]
Revolut will temporarily halt certain cryptocurrency services for its business customers in the UK. This step is a response to upcoming regulatory changes by the Financial Conduct Authority (FCA). According to a report by City A.M., the fintech firm disclosed its decision to suspend the ability to purchase cryptocurrencies via Revolut Business starting January 3, […]
A widely followed crypto analyst believes that Bitcoin (BTC) is gearing up for a rally above $50,000 – but the move up will likely be followed by a long consolidation period. In a new strategy session, analyst Michaël van de Poppe tells his 162,000 YouTube subscribers that he thinks Bitcoin will rally to as high […]
A closely followed crypto analyst says that one Ethereum (ETH) rival that has exploded about 600% year to date is gearing up to spark another move to the upside. In a new video update, the host of InvestAnswers tells his 458,000 YouTube subscribers that smart contract platform Solana (SOL) has a lot more gas left […]
The crypto market experienced a heightened phase of instability on Monday. This has led to a substantial elimination of long positions, amounting to a notable $130 million. A liquidation takes place when traders speculate on price increases and the market trends in the opposite direction. This involves an automatic selling process to offset their positions. […]
In a significant development for the crypto finance sector, blockchain-based loans have seen a remarkable surge of 55% in 2023. The total value of these loans has rebounded to $581 million, reflecting the growing trust and adoption of blockchain technology in the financial landscape. The surge in blockchain-powered private loans comes amid a period of […]
Asset manager BlackRock is making the final adjustments to its spot Bitcoin exchange-traded fund (ETF) application. The latest move is to agree to ‘cash creations’ for fund redemptions—in line with what US financial regulators are pushing. On December 19, Bloomberg senior ETF analyst Eric Balchunas commented on BlackRock’s filing the previous day. BlackRock Bitcoin ETF […]
An analyst has revealed the level of XRP might observe a pullback following the latest rejection in the cryptocurrency’s price. XRP Has Seen Rejection At Mid-line Of An Ascending Parallel Channel As explained by analyst Ali in a new post on X, XRP has appeared to have been moving inside an Ascending Parallel Channel recently. […]
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.
Charles Hoskinson, Cardano founder and CEO of IOHK, recently shared his views on El Salvador’s Bitcoin Beach project
Bengaluru: A 37-year-old man lost a whopping Rs 76.2 lakh in alleged cryptocurrency investments in a “fraudulent” website following suggestions of …
This year has seen a massive upswing in demand for the limited space available within bitcoin blocks, leading to higher fees for on chain transactions. Much of the demand is for transactions revealing inscriptions. The contents of these inscriptions are revealed as part of the witness data1 of a bitcoin transaction. This witness data1 is […]
A crypto trader has raked in more than $1.4 million in profit within five days by purchasing millions of Dogwifhat (WIF) tokens, a dog-themed meme coin on the Solana network. According to a tweet by blockchain analysis platform Lookonchain, the trader began their WIF journey by purchasing $226,000 worth of the tokens after they were […]
A closely followed analyst says that crypto whales have gobbled up hundreds of millions of dollars worth of top altcoin Ethereum (ETH) during the last seven days. In a new thread, crypto strategist Ali Martinez tells his 36,100 followers on the social media platform X that deep-pocketed traders have accumulated tens of thousands of ETH […]
In the vast ocean of the best coins to invest in, whales are making a splash, setting their keen eyes on Cardano (ADA). Meanwhile, the bullish momentum of InQubeta (QUBE) is causing ripples in the crypto space. Let’s catch the surf and ride through the thrilling updates on these two exciting fronts. Whales Set Their […]
The Dogecoin price action has had quite a disinteresting year than most would expect from the biggest meme coin. Despite currently being up around 77% from its bear market lows of $0.053 in June 2022, the crypto has lagged compared to top cryptocurrencies like Bitcoin, Ethereum, and Solana so far in 2023. On the bright […]
The neobank will halt crypto purchases by businesses while it sorts out new ad requirements.
Since mid-November, Cosmos (ATOM) Cosmos has charted an upward course in its price trajectory. According to technical analysis in 4 Hours excerpt, bulls held firm on Cosmos, defending key supports at $6.50 – $7.00 and $8.20, propelling the cryptocurrency towards the $10 mark in late November. From that point on, a consolidation phase was observed that […]
Cryptocurrency investment firm Galaxy Digital is seeking to bolster its financial position through the acquisition of assets from struggling crypto companies. This new focus comes after Galaxy Digital was assigned the management of FTX’s crypto assets for debt settlement, tripling its assets under management from $1.7 billion to $5.4 billion. Following court approval to sell […]
A new Needham & Company (Needham) survey found that retail investors are unlikely to drive inflows into a Bitcoin (BTC) exchange-traded fund (ETF) unless Bitcoin’s price continues to increase. The asset is already up over 150% this year but may increase further ahead of the Bitcoin halving in 2024. Those who haven’t invested are also […]
The Injective (INJ) price increase led to a new all-time high of $34.64 on December 15. The INJ price has created several long upper wicks since the high. Is this a sign of an impending decrease, or will INJ push to a new all-time high? Injective Holds Above $30 The technical analysis from the weekly […]
FTX's debtors plan to value cryptocurrency claims based on their value at the time of the company's November 2022 bankruptcy, …
In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot Bitcoin ETF could “unlock” around “$30 trillion worth of advised wealth.” Sonnenshein discussed the significance of introducing a spot Bitcoin […]
A popular crypto analyst and trader says that Bitcoin (BTC) could see a dip before a fresh burst to the upside. Pseudonymous crypto strategist Credible Crypto tells his 360,400 followers on the social media platform X that while the crypto king is “progressing beautifully,” it could briefly fall under $40,000 before it once again sparks […]
The bankruptcy estate of FTX Trading Ltd, led by the CEO, John Ray III, and the lawyers of Sullivan & Cromwell, has submitted an amended reorganization plan for the distribution claims of the customers and creditors. FTX Moves to End Its Bankruptcy According to the reorganization plan submitted last Friday, the bankrupt exchange will repay […]
After posting remarkable gains, Bitcoin entered a new week on shaky ground as sell-offs hint at a shift in sentiment. The traders are currently on edge amid a pause in the once-continuous upward trajectory of its prices. The latest data suggest that professional traders have turned cautious amidst uncertainty in Bitcoin’s price. Bitcoin Professional Traders […]
Alternate narratives arise with regard to top crypto coins like Hedera (HBAR) and Borroe Finance ($ROE), as Bitcoin (BTC) faces correction where there is panic in the market currently. >>BUY $ROE TOKENS NOW<< Bitcoin’s Correction Bitcoin slid significantly after a push close to the $45,000 resistance level on Dec. 8. The sudden turn of events […]