The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As the Argentine economy is racked by record inflation, its people are turning to Bitcoin as […]
Jelle, a well-regarded crypto analyst, recently shared via the latest post on X that Bitcoin is on the verge of a significant upward movement, potentially reaching the $100,000 mark much sooner than many have anticipated. This optimistic prediction comes when Bitcoin has shown considerable resilience, bouncing back from various challenges and solidifying its position as […]
Van de Poppe identifies as a portfolio maximalist, seeking diverse investment opportunities, not just Bitcoin. He believes currently altcoins are undervalued, advocating for purchases before a rally, aiming for strategic entry points. He recommends reallocating altcoin returns to Bitcoin, emphasising portfolio rebalancing and informed trading based on valuation methods. Analyst Michaël van de Poppe is […]
Quarter million for Bitcoin? Multinational bank believes it is possible
By Vishnu Patankar, Kraken’s Chief Technology Officer Crypto is uniquely suited to adopt AI Our industry is known for its volatility and 24/7/365 dynamic. As anyone who’s worked in crypto knows, the bull run quickly leads to immense pressures on most core functions, such as account sign-ups, client responses and token listings. In these situations, […]
The co-founder of the BitMEX crypto derivatives exchange Arthur Hayes is offering his prediction on Ethereum (ETH) less than three months after the approval and subsequent listing of spot Bitcoin (BTC) exchange-traded funds (ETFs). In a new The Wolf of All Streets interview, Hayes says he expects demand for Ethereum to pick up, especially if […]
Real Vision CEO Raoul Pal thinks “macro summer” has begun and will send the prices of Bitcoin (BTC) and altcoins soaring. The former Goldman Sachs executive tells his 1 million followers on the social media platform X that macro summer involves the ISM manufacturing index picking up. The ISM is an indicator of US economic activity. […]
In a significant move towards revolutionizing asset trading, Dubai-based CreataChain DMCC and Al Reem FZCO have signed a Memorandum of Understanding (MOU) to formalize their partnership. The collaboration aims to leverage blockchain technology to develop a pioneering Real-World Asset (RWA) marketplace. Combining CreataChain’s technical capabilities with Al Reem’s market insights and legal expertise, the two […]
NEW YORK (AP) — A top U.S. prosecutor has announced criminal charges against a once ascending company in the cryptocurrency world and two of its …
The Maker token’s recent transactions have marked an interesting phase in its journey in the current market. Alongside this, the Algotech presale progresses, showcasing another aspect of the evolving digital asset landscape. Amid these developments, BlockDAG stands out with its ambitious roadmap for significant milestones by 2024, suggesting a noteworthy trajectory in the crypto sphere. […]
TL;DR Binance will add new trading pairs and introduce bot services to improve user experience, focusing on certain meme coins. The service expansion excludes users from the USA, Canada, Japan, and several other regions. The world’s biggest cryptocurrency exchange will expand the list of services offered on Binance Spot “to enhance users’ trading experience.” It […]
Portugal’s data regulator, CNPD, has ordered Worldcoin to cease collecting biometric data in the country for 90 days, citing concerns over users’ data protection rights. According to a report by Reuters, CNPD highlighted risks related to unauthorized data collection from minors and inadequate mechanisms to erase the information collected from users. However, Worldcoin has refuted […]
Bitcoin Lightning Network company Neutronpay has secured a $1.5 million bridge funding round led by Axiom Capital, according to a press release sent to Bitcoin Magazine. This investment is to help Neutronpay bring instant and cost-effective payment solutions in Southeast Asia’s digital economy with Bitcoin. “We are delighted to continue to support Albert and the team as […]
Ethereum price is showing positive signs above the $3,550 zone. ETH must clear the $3,680 resistance to continue higher in the near term. Ethereum started another increase above the $3,550 resistance zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support at […]
TL;DR The Base blockchain, developed by Coinbase, has seen a significant surge in activity and locked funds due to a frenzy led by meme coins. This has resulted in high gas fees and network congestion, with trading bots exacerbating the issue. Daily transactional activity on the Base blockchain has tripled to over 1.5 million, and the […]
TL;DR Osmosis, dydX, and Synthetix are leading the pack in the DeFi sector with the most active development. Osmosis, a Decentralized Exchange (DEX) on the Cosmos network, has seen over 169 commits on GitHub in the last 30 days. Much of dydX’s development activity is linked to its early-January v4 upgrade, which transitioned the decentralized derivatives […]
Goldman Sachs’ clients are reportedly jumping into crypto-related trades following the launch of Bitcoin (BTC) exchange-traded funds (ETFs). Max Minton, Goldman’s head of digital assets in Asia, tells Bloomberg that the banking giant’s clients are investing in crypto derivatives for multiple purposes. “The recent ETF approval has triggered a resurgence of interest and activities from […]
The United States Department of Justice has levied criminal charges against cryptocurrency exchange KuCoin and two of its founders
Bitcoin pushes back to the USD $70K milestone on the back of massive trading day. Traders with high BTC holdings (USD $700K+) were largely responsible for the resurgence. Whales within that demographic purchased nearly 0.27% of BTC’s available supply within a single day of trading Is the dip over? This is the question on everybody’s […]
Neuner emphasises the urgency of adjusting crypto portfolios before the bull market peak, highlighting the need for the right composition. He suggests focusing on a specific area or project, becoming an expert in navigating the vast number of cryptocurrencies and narratives effectively. Neuner advises pivoting to promising narratives, recommending a strategic allocation based on confidence […]
Texas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an official rulemaking process. Additionally, the plaintiffs seek to clarify that a token airdropped to its users does […]
A top U.S. prosecutor announced criminal charges Tuesday against a once-ascending company in the cryptocurrency world and two of its founders in a …
Most altcoins on the Real World Assets (RWA) zone are gaining traction alongside ONDO witnessing an impressive rally in the past week. It has encountered resistance and currently looks weak on the day. Ondo appears highly bullish after increasing by over 10x since it was launched on Kucoin and other crypto exchanges earlier this year. […]
Amidst a broader market rebound, several DeFi-related projects appear to be bustling with development activity. Topping the list is Cosmos-based decentralized exchange Osmosis, which experienced a notable surge in development activity, emerging as the leading DeFi project over the past month. Osmosis Leads DeFi Development According to the data shared by Santiment, Osmosis recorded more […]
The US Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines and penalties from Ripple Labs, the crypto company’s CEO and Chief Legal Officer revealed with a social media post yesterday (Monday). Heavy Penalties on Ripple According to a tweet by Ripple’s Chef Legal Officer, Stuart Alderoty, the regulator has already asked […]
Renowned XRP analyst EGRAG has ignited a firestorm of excitement and skepticism with his bold prediction for the cryptocurrency. EGRAG, known for his bullish XRP stances, is calling for a potential 90% surge in the near future, with a target price of $1.20. This forecast hinges on a technical pattern identified by EGRAG – a […]
March 26, 2024 – Tallinn, Estonia This first MarketingFi utility token will launch within the Cookie3 ecosystem – COOKIE represents digital marketing value passed on to users who drive projects forward instead of on advertising giants like Google or Facebook. Cookie3, a MarketingFi protocol and AI data layer, has just announced that COOKIE – the […]
The U.S. Department of Justice (DOJ) and the Commodities Futures Trading Commission (CFTC) have announced the unsealing of an indictment against crypto exchange KuCoin and two of its founders. In a statement from the U.S. Attorney’s Office in the Southern District of New York, U.S. Attorney Damian Williams and Darren McCormack, the Acting Special Agent […]
TL;DR Angle, a decentralized finance (DeFi) protocol, has launched its own stablecoin called USDA, backed by the US dollar. USDA will offer a savings solution, liquidity comparable to USDC, anti-takeoff mechanisms, and lending/leveraging features. Angle also aims to establish a currency exchange (forex) hub on the blockchain, allowing seamless conversion between the dollar and the […]
TL;DR US justice indictment against KuCoin and its founders for violating the Bank Secrecy Act and operating without a license. KuCoin involved in money laundering and terrorist financing, with movements of billions of dollars. Founders face up to five years in prison; Associated entities could receive sentences of up to ten years. The United States […]
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao, a decentralized autonomous organization (DAO) committed to integrating bitcoin (BTC) into defi, has announced the launch […]