Macro guru Hugh Hendry believes there’s a solid chance that Bitcoin (BTC) will ignite a nearly 240% surge but notes that he’s also prepared in case the crypto king corrects. In a new interview with independent journalist David Lin, Hendry says that while he’s not an expert in the intricacies of Bitcoin and crypto, he […]
September will be enormous in terms of volatility for cryptocurrency market, and abundance of financial events shows why
BlockDAG has managed to capture the spotlight again with its second big-ticket football deal, the latest being the crypto company’s partnership with Italian giant Inter Milan. Although the exact financials of the deal were not revealed, it was labeled a “multi-million dollar sponsorship deal.” Crypto Money Is Flowing into Football The sponsorship deal with Inter […]
The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power meter that was hidden within the same building. ANDE officers intervened and removed this illegal connection, estimating that it […]
The path to wide acceptance as a mainstream asset may be slow and twisting. Advertisement. Cryptocurrency.
Telegram tap-to-earn games have “finally” brought the mass adoption to crypto the industry has waited for, says Blum founder and CEO Gleb Kostarev.
A widely followed crypto analyst is warning that Bitcoin (BTC) and crypto could be seeing red this month based on historical seasonality. In a new video update, crypto strategist Benjamin Cowen tells his 810,000 YouTube subscribers that September has historically delivered negative returns for BTC more often than not. 1:30:- “I started noticing a pattern […]
Digital assets manager CoinShares says that institutional crypto investors pulled 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 $305 million in outflows last week driven by strong economic data releases. “…with widespread negative sentiment evident across various providers and […]
Last week saw Bitcoin through another major decline but after a lot of indecisiveness around a key level, it finally broke lower and closed the week strongly bearish. It currently looks ready for a bigger fall. We recall that August started painful for Bitcoin after falling from $70k in the preceding month but things later […]
On Sept. 2, crypto analyst ‘Titan of Crypto’ showed his 90,000 X followers a technical pattern unfolding that has never been seen before. A golden cross is forming between the 100-day moving average and the longer time frame 200-day moving average. A typical golden cross is when a shorter time frame moving average like a […]
Floki Inu (FLOKI), a popular meme coin, has been making headlines, but not necessarily for positive reasons. The Floki Inu (FLOKI) price has plunged more than 6% in the last 24 hours, extending its negative weekly streak, with the token down 24% over the last seven days. This sharp decline has led many Floki Inu […]
TL;DR BTC ended August down 8.6%, failing to reclaim the $65k level. ETH performed even worse, dropping 22.2% due to selling allegedly done by Jump Trading. For September, a historically bearish performance is expected with a possible drop to ~$55k; however, strong support is anticipated around $54k. The month of August ended with significant losses […]
TL;DR Taiko will be conducting a large token release with its community airdrop, increasing the TAIKO supply by 15.8%. Immutable will unlock $40.92 million in tokens on September 6, earmarked for project development. Cheelee and MODE will also experience significant token unlocks, with potential negative impacts on their prices. In September 2024, the cryptocurrency market […]
While Bitcoin and Co struggle price-wise, the crypto asset class as a whole enjoys steady growth and mainstream adoption. One in five Australians now invest in crypto, favouring it over traditional assets like real estate. A new survey shows 61% of Australian crypto investors saw net gains in 2024, a 32% increase from the previous […]
Can traders expect local growth from Bitcoin (BTC) next week?
Wall Street Bitcoin (BTC) miners faced their toughest month of the year in August, with revenues plummeting to levels not seen since September 2023. The downturn highlights the growing challenges in the cryptocurrency mining sector, as increased competition and technical hurdles continue to squeeze profit margins. Bitcoin Mining Revenue Slumps to 11-Month Low According to […]
In November, Massachusetts voters will likely have to choose between incumbent Elizabeth Warren and Republican John Deaton or Ian Cain for the US Senate.
On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently at 5.25%-5.50%, which […]
John Ross Rennie received stolen Bitcoin after an assault and robbery in March 2020. A man involved in a violent robbery to steal cryptocurrency has …
The number of people holding at least $1 million worth of crypto assets significantly increased over the past year, according to a new report from international wealth and investment specialists Henley & Partners. Data from the firm’s Crypto Wealth Report 2024 shows that as of June 30th, there are already 172,300 individuals worldwide who hold […]
JPMorgan Chase has reportedly unloaded a major real estate investment in Los Angeles, taking an eight-figure loss. JPM’s Investment Management division has sold a large apartment complex with retail space in LA’s Little Tokyo district in a deal with a “mega landlord,” The Real Deal reports. Records show the bank bought the complex on 232 […]
The cryptocurrency market continues to be a dynamic environment where fortunes can change almost overnight. One of the recent success stories is the Artificial Superintelligence Alliance (FET), a token that has captured the attention of both retail and institutional investors. However, as the market evolves, another cryptocurrency, Mpeppe (MPEPE), is emerging as a strong contender […]
Unlike Litecoin, which has recently decoupled from Bitcoin, Ethereum continues to follow the leading currency pattern with another major drop in a week. Things might get worse as it builds up for a huge fall. The past ten days have been a horrible period for Ethereum as it fell off the $2,800 range, though it […]
A new meme coin project is gaining momentum – and investors are taking notice. Pepe Unchained (PEPU) has now raised almost $11.5 million in its initial coin offering (ICO). With plans to launch its own Layer-2 blockchain, could this frog-themed project explode after listing? Pepe Unchained Seeks to Disrupt the Meme Coin Space with Layer-2 […]
Market still not finding enough ground for much-needed recovery
If someone expressed the opinion that this year’s US presidential race has produced some unprecedented events, a listener might wonder which particular moment they were referring to, since it has been such a volatile and contentious political period. But besides the incumbent Joe Biden stepping down to be replaced as Democrat nominee by Vice President […]
In June, Nigeria’s Federal Inland Revenue Service dropped charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla.
Circle CEO Jeremy Allaire says that the vast majority of unexpected developments in crypto still haven’t occurred yet. In a new interview on the Empire podcast, Allaire says that the two things that surprised him were memecoins and non-fungible tokens (NFTs). “Memecoins and NFTs… The whole phenomenon, and the way in which those phenomena emerged […]
TL;DR Charles Hoskinson shared the difficulties and challenges faced in the development of Cardano, including the loss of friendships and the pressure from criticism. The Chang hard fork, activated on September 1, marks a significant advancement towards decentralized governance in Cardano. Cardano is described as a self-replicating and self-sustaining “governance virus,” a technical achievement operating […]
TL;DR The LayerZero Foundation has launched a community program with 5 million ZRO tokens allocated to encourage participation and engagement within its ecosystem. The program offers roles as community member, builder, and content creator, with initial rewards of 25,000 ZRO tokens for those who joined before June. The protocol, valued at $3 billion, is expanding […]
BTC holders can now stake their coins on-chain with the release of Babylon. The Babylon Mainnet allows investors to leverage other Proof-of-Stake networks while using their native BTC. Users can delegate their vote to a “finality provider”, or operate their own node. The introduction of Bitcoin staking adds yet another layer of functionality to the […]
Cryptocurrency Bittensor Rises More Than 3% In 24 hours … price has risen 3.67% to $278.86. This is contrary to its negative trend over the past week …