A widely followed crypto analyst says that a parabolic advance is on the horizon for Bitcoin (BTC) as the world’s largest economies once again prepare to print money. In a new strategy session, the host of InvestAnswers tells his 452,000 YouTube subscribers that the king crypto is in the beginning stages of a parabolic move […]
The largest US-based crypto exchange is reportedly being ordered to pay a penalty for violating a directive issued by authorities in Russia. In May, the Roskomnadzor, which is in charge of monitoring Russian mass media, issued a directive obliging foreign companies to localize citizens’ data starting July 1st. According to local business newspaper Vedomosti, a […]
The anticipated fourth Bitcoin halving, scheduled for April 2024, has triggered several deep dives into supply dynamics and its impact on investors and the market. According to GlassNode’s latest report, it highlights a looming historic shortage in Bitcoin supply and some revelations about how this trend, along with investor accumulation patterns, could significantly influence the […]
The BRC-20 tokens, a token standard on the Bitcoin blockchain, have witnessed an unprecedented resurgence in trading volume and price in the past few weeks. This resurgence is largely driven by the craze surrounding the Inscription, a novel way of storing and transferring data on the Bitcoin network. Inscription, a platform introduced in April 2023, […]
Can traders expect correction of Binance Coin (BNB) soon?
Bitvavo has secured a milestone in its European expansion strategy. The Austrian Financial Market Authority has granted the Dutch cryptocurrency exchange authorization to operate as a virtual asset service provider, allowing it to extend its services into Austria. Building on its success in the Benelux region and an earlier approval in Italy, Bitvavo’s entry into […]
FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud.
The Impact of Cryptocurrency on Financial Markets · Spurs new financial innovations like decentralized finance (DeFi) and digital wallets. These expand …
Polygon’s native coin MATIC continues to gain traction as the cryptocurrency experienced an impressive increase in whale transactions over the past 30 days, bolstering price growth for the digital asset and the ecosystem. Whale Activities Propels Polygon MATIC’s Growth Recently, Polygon MATIC’s whale transaction volume significantly increased over the past 30 days, which has sparked […]
A six-month-old altcoin project is soaring after earning surprise support from crypto exchange Binance, the largest digital asset exchange in the world. After Binance announced on November 7th that it was listing ORDI for trading, the new token soared from $7.43 to a high of $23.80, a 220% increase. ORDI tokens, which adhere to the “BRC-20” […]
Chainlink creator Sergey Nazarov says LINK could be the future universal gas token for the digital asset ecosystem. In a new interview, Nazarov explores the payment abstraction layer (PAL) of Chainlink’s tech stack, which aims to minimize the complexity of paying for its services while allowing oracle networks to get paid in LINK. According to […]
Nostr, Notes and Other Stuff Transmitted by Relays is a protocol enabling censorship resistant communications across a number of unrelated relay servers used to host and serve messages to users. Users’ identities are simply cryptographic key pairs, allowing them to own their identity entirely, and all messages are signed with their identity keys, preventing message […]
Digital assets manager CoinShares says institutional crypto products saw heavy inflows across the board last week. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors are upping their allocations to crypto as digital asset investment products see their seventh consecutive week of inflows. “Digital asset investment products saw inflows totaling US […]
The creators of the Backpack wallet are reportedly gearing up to launch a new crypto exchange with the ethos of properly securing user funds. Trek Labs, a firm led by Backpack wallet creator Armani Ferrante and former FTX general counsel Can Sun, has received a crypto license from the United Arab Emirates’ regulators, the Wall […]
A longtime Bitcoin investor and his father discovered last week that they were robbed of ~25 BTC ($919,000) in September that the family had held in a personal wallet since 2012. The online Bitcoin community is now coming to their aid, with the victim proposing a 23 BTC bounty to anyone who can recover the […]
With Bitcoin at the forefront, the past week witnessed a continuous influx of funds into digital asset investment products, reaching a total of $293 million. This notable increase solidified a seven-week streak of positive flows, surpassing the $1 billion mark in cumulative inflows during this period. Indeed, this performance stands out as the third-highest annual […]
Less than half billion XRP gets moved to new whale wallet
In a year marked by unprecedented growth, the cryptocurrency landscape is witnessing a substantial surge in the number of crypto wallet addresses holding over $1 million in Bitcoin. The data is striking, indicating a threefold increase in such millionaire wallets, rising from 23,795 at the beginning of the year to an impressive 81,925 currently. This […]
Crypto security firm SlowMist has discovered several wallet addresses linked to a phishing scam that drained hundreds of thousands of dollars from unsuspecting crypto users.
Closely followed crypto analyst Benjamin Cowen is laying out a potential price target for Bitcoin (BTC) in late 2025 based on historical market cycle patterns. In a new strategy session, Cowen takes a look at logarithmic regression bands, which aim to plot out potential tops and bottoms of market cycles based on diminishing volatility. Cowen […]
Cryptocurrency investors now find themselves in a position where they must grasp these traditional financial concepts and understand how they can be …
Undoubtedly establishing itself as a standout performer in the expansive altcoin market, Solana has achieved exceptional growth over the course of the past year, marking an impressive surge of nearly 300%. This remarkable ascent underscores Solana’s resilience and appeal within the cryptocurrency landscape. The cryptocurrency has not merely kept pace but has outpaced many of […]
Cboe Digital today announced plans for margin Bitcoin and Ethereum futures. The move will mean the platform will become the first to offer both spot and leveraged derivatives trading in one place, Monday’s announcement said. A margined futures contract requires the buyer and seller to deposit an initial margin and maintain a minimum margin balance […]
Bitcoin mining firm Core Scientific filed a disclosure statement for its third-amended bankruptcy recovery plan on Monday, which incorporates key terms from its Restructuring Term Sheet filed in late October. The new filing features a concrete timeline for how the firm will gain support for the plan from key stakeholders and emerge from bankruptcy before […]
A Bitcoin whale has embarked on a massive selling spree, offloading 411 WBTC worth $15.2 million
Bitget has abandoned its pursuit of a Virtual Asset Trading Platform license in Hong Kong. This decision is attributed to factors related to the crypto exchange’s business and the digital asset landscape, the company said in its official statement today (Monday). Bitget’s Hong Kong division, BitgetX, will cease operations by December 13, 2023. After this […]
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13.
The cross-border nature of typical cryptocurrency transactions makes transfer pricing analyses critical to ensuring compliance with local …
A crypto expert has disclosed a bullish outlook for the XRP price during the upcoming bull run, highlighting XRP’s advantage over other altcoins due to its lack of ties with China’s CCP. Crypto Influencer Predict XRP Bull Success A crypto influencer on X (formerly Twitter) called BoringSleuth has expressed his sentiment about XRP’s potential success […]
A trader who nailed the top of the 2021 Bitcoin (BTC) bull market believes rallies are in sight for Ethereum (ETH) and one additional altcoin. Pseudonymous analyst Pentoshi tells his 711,700 followers on the social media platform X that Ethereum looks poised to take out a resistance level that has held for over a year. […]
In a noteworthy shift from their historical stance against regulation, the non-government organization “Bitcoin Argentina” has presented a draft bill proposing a novel strategy to regulate the cryptocurrency market. The proposal stands out for its emphasis on maintaining the core principles of blockchain while addressing concerns related to malicious actors in the industry. Key Features […]