Crypto.com enhances Shiba Inu trading with the rollout of strike options
Ethereum price is struggling below the $3,030 resistance. ETH is consolidating and might start a downside correction below the $2,930 support. Ethereum struggled to stay above the $3,000 level and corrected lower. The price is trading above $2,930 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at […]
BitMEX co-founder Arthur Hayes believes two catalysts could send Bitcoin (BTC) soaring to a massive all-time high. In a new analysis, Hayes says that the recently launched spot Bitcoin exchange-traded funds (ETFs) are accumulating the crypto king at a significant enough rate to cause bullish momentum. He also believes that the ETF accumulation plus possible […]
An artificial intelligence (AI)-focused altcoin is skyrocketing as tech giant Nvidia’s profits leap by triple digits. According to a press release detailing Nvidia’s Q4 financial report, the AI chipmaker hauled in a revenue of $22.1 billion during Q4, up 23% from Q3 and 265% from a year ago. News of Nvidia’s success preceded blockchain-based decentralized […]
Since its inception over 15 years ago, Bitcoin has captured the imagination of libertarians, anarchists, and a variety of other advocates of individual liberty and financial sovereignty. To them, Bitcoin represented a revolutionary challenge to State-controlled money and authority. As such, it has come to symbolize a disruptive shift toward greater freedom and autonomy for […]
Sam Altman’s $7 Trillion ask could provide capital to AI crypto opportunities Sam Altman is seeking a whopping $7 trillion for GPU chip production, primarily to support the burgeoning demand for generative artificial intelligence (GenAI). A potential injection of this size to support AI innovation has the potential to create a serious super-bubble. GPUs are […]
Crypto tokens and projects related to the recent AI hype are gaining traction based on recent developments. While AI does not necessarily require crypto integration, some applications may benefit. However, any investment here is highly speculative and requires a lot of due diligence and research. Bitcoin and other major digital assets have been in sideways […]
Whale activity has been a mixed bag lately, with some whales opting to buy while others choose to sell, all in pursuit of capitalizing on recent market movements. Among the largest cohort of whales, those holding between 1,000 and 100,000 BTC, there’s a discernible trend of accumulation, typically associated with bullish market sentiment. These significant […]
TL;DR SHEboshi NFTs, associated with Shiba Inu (SHIB), sold out in under three hours post-launch, with all 20,000 collectibles claimed before the public minting phase. Initially set at 0.05 ETH each, the SHEboshi NFTs now have a floor price of 0.175 ETH on OpenSea. The popular meme coin Shiba Inu (SHIB) blasted through another huge milestone, this […]
The government of Argentina is reportedly preparing to regulate cryptocurrency service providers via executive order.
Popular crypto wallet MetaMask is seeing a surge in active users. In a statement, MetaMask developer Consensys says that the wallet’s monthly active users (MAU) grew from 19 million to over 30 million between September 2023 and January 2024, representing an increase of over 55%. The current number of monthly active users nearly matches Metamask’s historical […]
The government of Argentina is reportedly preparing to regulate cryptocurrency service providers with an executive order. The measure would be directed to keep Argentina out of the Financial Action Task Force (FATF) gray list, putting crypto service lenders under the oversight of the local securities watchdog. Argentina Reportedly Set to Regulate Cryptocurrency Service Providers by […]
Shiba Inu burn rate is on rise, with expected shift in SHIB’s price
Cardano (ADA) is correcting gains from the $0.642 resistance zone. ADA could start a fresh rally if it stays above the $0.5550 support zone. ADA price is showing a few bearish signs below the $0.600 level. The price is trading above $0.5550 and the 100 simple moving average (4 hours). There was a break below […]
TL;DR ECB Continues Criticism of Bitcoin: Despite the approval of Bitcoin ETFs in the US and a net inflow of $5.2 billion, the European Central Bank (ECB) maintains its stance that Bitcoin has no intrinsic value, dismissing the cryptocurrency’s growing acceptance as a legitimate asset class. ECB Labels Bitcoin as “Currency of Crime”: The ECB extends its […]
On the morning of May 10, 2023, Kraken testified about the SEC’s overreach in crypto before both the House Financial Services Committee and the House Agriculture Committee. Kraken testified that current laws do not adequately cover the digital asset industry, and that Congress could do more to put in place a set of rules to […]
Nigeria has taken drastic measures in to attempt to stabilize its plummeting national currency, the naira, by blocking access to major cryptocurrency exchanges, reported the Financial Times. This move comes as the Nigerian government attempts to crack down on currency speculation amid record lows for the naira. JUST IN: 🇳🇬 Nigeria blocks access to Coinbase, […]
[PRESS RELEASE – London, UK, February 23rd, 2024] SatoshiSwap.ai, a pioneering Bitcoin DeFi platform, has raised $700K in pre-sale round. This investment will fuel the development of SatoshiSwap.ai’s flagship project: a DEX designed for the Bitcoin ecosystem. SatoshiSwap.ai is led by a team committed to reshaping decentralized finance. While focuses on building the first Decentralized […]
A widely followed crypto analyst is laying out his trading game plan for the time being. Crypto trader Michaël van de Poppe tells his nearly 700,000 followers on the social media platform X his strategy for the next 1-2 months. “The gameplan for the coming period: – Survive a potential Bitcoin (BTC) correction, as Bitcoin is at […]
Binance plans to roll out support for a new cross-chain crypto gaming project via its Launchpool platform. The top global crypto exchange says the 47th Binance Launchpool project will be Portal (PORTAL), a project that aims to unite games from different blockchains on its cross-chain token platform. Launchpool allows users to stake coins to farm […]
A widely followed crypto strategist says Bitcoin (BTC) may repeat a historic pattern that could send altcoins soaring. Analyst Justin Bennett tells his 111,500 followers on the social media platform X that Ethereum (ETH) and other alts could outperform Bitcoin similar to 2021 when people suddenly sold their coins over a two-month period. “If Bitcoin […]
Optimism, a Layer 2 network, is experiencing a significant uptick in user activity, with its Mainnet consistently boasting over 60% of the daily active addresses among the top optimistic rollups. This surge in activity marks a pivotal moment in the adoption and utilization of layer 2 scaling solutions within the Ethereum ecosystem. Recent statistics reveal […]
PRNewswire/ — The "India Cryptocurrency Market, By Region, By Competition Forecast & Opportunities, 2019-2029" report has been added to…
Bitcoin proponent Max Keiser has warned of potential government seizure of bitcoin held in spot exchange-traded funds (ETFs). He additionally issued a stark warning about a looming 1987-style crash, while simultaneously predicting that the bitcoin’s price will surge past $500,000. Max Keiser’s Crash and Bitcoin Seizure Warnings Bitcoin advocate Max Keiser expressed concerns about spot […]
Crypto and AI combination makes comeback on market with up to 200% growth in last 24 hours
The long-awaited arrival of spot Bitcoin ETFs has ignited a gold rush in the crypto world, attracting both newcomers and seasoned investors. While these new investment vehicles offer a convenient and accessible way to gain exposure to Bitcoin, their impact on the cryptocurrency’s core principles and long-term stability remains a complex question. Bitcoin ETF: Initial […]
If you understand why bitcoin is an asset to hold for the long term, you may also wonder how to take advantage of retirement tax structures to minimize your tax expenditures. There are many different ways to approach holding bitcoin in an IRA, and as with everything in bitcoin, each has its trade-offs. Let’s look […]
A non-fungible token (NFT) platform is launching a classic Nintendo emulator on Bitcoin (BTC) using BTC ordinals. In a new announcement, NFT platform Pizza Ninjas says it has successfully launched an N64 emulator on the crypto king using ordinals, which inscribe data on satoshis, the smallest unit of BTC. Emulators allow gamers to play video […]
TL;DR Key investment: a16z invests $100 million in EigenLayer, boosting its presence in DeFi. Financial resurgence: Crypto financing grows 2.5% in the last quarter of 2023, reaching $1.9 billion. Growth explosion: The project experiences a 347% increase in TVL in just one month, establishing itself as a leader in Ethereum. In a move that reflects […]
TL;DR Analysts are optimistic about XRP’s valuation, predicting significant increases in the near future. Certain regulatory developments, among other factors, could propel a significant price rally. Ripple’s Odds of Hitting $1 Despite increasing significantly during the first half of February, the price of Ripple’s XRP has recently pushed the brakes, currently trading below the $0.55 […]
The money laundered through cryptocurrency exchanges declined by 29 per cent in 2023, according to a Chainalysis report.
Reddit Inc. has disclosed cryptocurrency investments in its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC). The social media giant noted that as of the end of December last year, “we did not hold digital assets other than bitcoin and ether for treasury purposes, and our investment policy requires approval […]