Bitcoin maximalist Max Keiser expects USD to collapse within half year, Here’s major reason for that
On-chain data shows the Bitcoin supply sitting on exchanges has reached a new low for the year as investors continue to withdraw their coins. Bitcoin Exchange Reserve Has Been Riding A Downtrend Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC Exchange Reserve has continued its drawdown recently. The “Exchange Reserve” […]
Some members of the crypto community believe this could trigger a domino effect, with other countries potentially following Brazil’s lead.
Certain on-chain metrics suggest that blockchain scaling solution Polygon (MATIC) could be on the verge of a price reversal, according to the crypto analytics firm Santiment. Santiment notes MATIC recently witnessed a spike in active addresses and dormant coin movement. “Polygon has been among the many networks declining since crypto’s retrace began back in March. […]
HodlX Guest Post Submit Your Post The digital era is marked by limitless online communication, but at the same time, it raises concerns about our freedom and digital rights. After Pavel Durov – the founder of the messaging app Telegram – was arrested in France, the issue is escalating and coming to a pivotal moment. […]
The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s tokenized funds stand out, commanding a dominant 44.95% share of the net value. Tokenized Bond Market Breaks $2 Billion Barrier, With Ondo, Blackrock, and Franklin […]
TL;DR Bridge, co-founded by former Square and Coinbase executives, has raised $58 million in funding to develop a global stablecoin-based payments network. The company is looking to compete with traditional payment systems like Swift and credit cards through a stablecoin infrastructure. The growing acceptance of stablecoins like Tether and USDC is driving their use in […]
Transak has partnered with Soneium, a Layer-2 blockchain solution developed by Sony, to simplify onboarding and monetisation for gamers in the blockchain ecosystem. The partnership aims to facilitate mainstream users’ entry into the Web3 gaming space by allowing gamers to buy, transfer, and trade in-game assets and NFTs using traditional payment methods. Soneium has quickly […]
High centralization can lead to increased influence by a few entities, potentially undermining the decentralized ethos that crypto strives to uphold. However, centralization continues to be a major bone of contention in space. As such, popular project tokens – Polygon (MATIC) and Shiba Inu (SHIB) – have emerged as the leading examples of high concentration […]
Paraguay: Cheap hydroelectricity boosts cryptocurrency. Paraguay, with its low-cost hydroelectricity, has become a center for cryptomining, attracting …
As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts, the upcoming U.S. non-farm payroll report and Friday’s GDP data will play crucial roles in […]
Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”
Long-time crypto bull Anthony Pompliano is offering his forecast on Bitcoin (BTC) as the flagship crypto asset trades in a range. In a CNBC interview, Pompliano says Bitcoin has been trading sideways over the past couple of months due to reduced activity over the summer. “Well, I think it’s just sideways summer, you know. People […]
The cryptocurrency market has experienced a turbulent day, raising questions about the sustainability of Ethereum’s DeFi sector. Bitcoin (BTC) has dropped by 2.73%, settling at $58,000, while Ethereum (ETH) fell by 4.38% to $2,421. These declines come despite hints from Federal Reserve Chair Jerome Powell about potential rate cuts, which would typically boost market sentiment. […]
BlackRock’s Bitcoin ETF has recorded its second day with negative flows since its inception
The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering platforms and one custodian have been admitted to the regulatory incubation program to test their technology. The SEC has cautioned the Nigerian public to […]
Largely followed crypto analyst Altcoin Sherpa believes that one red-hot memecoin has more room to run to the upside despite astronomical gains so far this year. The pseudonymous trader tells his 221,900 followers on the social media platform X that Solana (SOL)-based meme token Popcat (POPCAT) could remain in an uptrend after bouncing off a […]
Cryptocurrency analyst and trader Jason Pizzino is offering his opinion on the likely trajectory of altcoins over the coming months. Pizzino tells his 332,000 YouTube subscribers that he is expecting an “altcoin bounce” in this year’s fourth quarter during or after the November 5th US presidential election. Pizzino says the percentage of Tether (USDT) stablecoin’s […]
TL;DR Vetle Lunde claims that liquidation data reported by cryptocurrency exchanges such as Binance, Bybit and OKX is underestimated. Platforms have modified their APIs to limit reporting to one settlement per second, distorting the true magnitude of settlements. Lunde suggests that these changes could be motivated by public relations reasons and to maintain a competitive […]
TL;DR Restaking on Ethereum allows users to maximize security and returns by reusing already staked tokens. EigenLayer is leading the adoption of Restaking, transforming the security and interconnection of blockchain networks. SSV introduces technology that reduces risk and improves decentralization in the staking ecosystem. Restaking on the Ethereum mainnet, launched in June 2023, has completely […]
Donald Trump has made it clear that he wants the US to be “the crypto capital of the planet”, as per a video posted on X. Trump mentioned World Liberty Financial, a DeFi project promoted by him and his sons, which aims to provide secure, high-yield crypto investments, although details about the project remain scarce. […]
The CEO of Bitcoin (BTC) wallet and payments application Strike believes that the top digital asset could massively outperform all other assets for one key reason. In a new interview with Peter McCormack on the What Bitcoin Did podcast, Jack Mallers says a loosening monetary policy plus Bitcoin’s finite supply could make it the top-performing […]
The U.S. Securities and Exchange Commission (SEC) has brought charges against two brothers for running a $60 million Ponzi scheme. Notably, the complaint was filed on August 26 in the United States District Court for the Northern District of Georgia in Atlanta. SEC Freezes Assets in Scam According to the regulator’s filing, Jonathan Adam and […]
The gambling sector stands out among the industries that have embraced cryptocurrency quickly. At the same time, some industries.
Hilbert Capital, a division of Hilbert Group AB, has entered into a significant partnership with Xapo Bank to manage a new Bitcoin hedge fund, according to a press release sent to Bitcoin Magazine. The fund is expected to receive over $200 million in initial investment capital from Xapo Bank and other investors, according to the […]
Ethereum (ETH) has been trading within a daily range between $2,300 and $2,800 since the start of August. Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors. This performance has led to disappointment, particularly when compared to Bitcoin’s stronger showing this year. Critical […]
If Bitcoin is to maintain its longer-term uptrend, it must avoid breaking down below $56,000, according to a crypto analyst.
Intriguing wallet activity appears on Bitcoin market as BTC price recovers to $61,000
Wintermute, a leading market maker, has continued its significant withdrawals of unstaked ETH from Lido. Yesterday, the Wintermute address 0x13D…91F9F received a total of 11,007 ETH from Lido, valued at approximately $27.27 million. Shortly after, 5,501 ETH—worth around $13.8 million—was transferred to Coinbase, indicating a possible sale. Wintermute 的 Lido 提款仍在继续 过去 9 小时 Wintermute […]
Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in for a direction that can be linked to an account, allowing them to instantly receive LN payments […]
New data reveals that Bitcoin (BTC) mining in Texas has seen a 30% increase during the month of August as electricity prices in the state nosedive. In a new thread, Pierre Rochard, the vice president of BTC mining firm RiotPlatforms, tells his 58,200 followers on the social media platform X that mining of the top […]
The total market capitalization of stablecoins has been increasing for nearly a year now, according to blockchain analytics firm CCData. In a new report, CCData says the total market cap of stablecoins rose by $169 billion in August, up by 2.89% from last month. The increase marks the 11th time in a row that the […]