TL;DR The Bitcoin market has reached an equilibrium, with a decrease in capital flow and in profit and loss-taking activities. The MVRV Ratio has returned to its historical average of 1.72, indicating an equilibrium in investor profitability. The Sell-Side Risk Ratio has dropped to low levels, suggesting a preparation for increased volatility. The Bitcoin market […]

TL;DR Donald J. Trump has launched his fourth NFT collection, which includes a piece of the suit he wore during his debate with President Joe Biden, available for $24,750. Buyers will also receive exclusive benefits such as Trump-designed sneakers, themed cocktails, and a private dinner. The proceeds from this sale will go to his personal […]

Paolo Ardoino, CEO of Tether, one of the largest companies in the cryptocurrency industry, has criticized the arrest of Telegram founder and CEO Pavel Durov. On social media, Ardoino stated this development was concerning for society as a whole and stressed that if it loses the battle, “dark ages will be our future.” Tether CEO […]

We’re thrilled to announce that Kraken now supports new margin pairs for Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC)! Margin trading is now available for the below pairs for SOL, DOGE, and LTC: Pair base Pair name Available Leverage Long Position Limit Short Position Limit SOL SOL/USDT 4 700 700 DOGE DOGE/USDT 4 500,000 500,000 […]

Revenue for publicly traded Bitcoin (BTC) and other cryptocurrency miners on Wall Street has fallen by 12%. This continues the negative reaction to April’s halving, which reduced block rewards, coupled with low network fees and rising production costs. According to the latest JPMorgan report, this is making it difficult for miners to maintain profitability. Bitcoin […]

A recent judgment from the Dubai Court of First Instance determined that part of an employee's remuneration can be paid in cryptocurrency, …

Dogecoin (DOGE) recent attempt to regain upward momentum has been abruptly halted as bearish forces reassert their dominance. After a brief rally, the popular meme coin is now under renewed selling pressure, with the price set to retreat toward the $0.1 mark. As negative momentum strengthens, the question is whether Dogecoin can hold this critical […]

Georgia Representative Mike Collins previously disclosed purchasing up to $65,000 in ETH, but seems to have moved onto altcoin investments.

Pavel Durov, the founder and CEO of Telegram, has been charged with numerous crimes by French authorities related to his failure to implement moderation policies on his platform to crack down on criminal activity including child exploitation and drug trafficking. Elon Musk, among others, suggested Durov’s arrest was politically motivated and intended as a punishment […]

TL;DR Shibarium has processed over 6.5 million blocks and is close to reaching 420 million transactions despite a recent decline in daily activity. Over the past year, the network underwent key upgrades, including a new UI, a hard fork, and a burning mechanism to reduce SHIB supply. Shibarium’s Latest Achievement The number of total blocks […]

Bitcoin ETFs are expected to surpass Satoshi’s total holdings by Halloween

Veteran trader Peter Brandt, who gained legendary status after calling the 2017 Bitcoin collapse, believes BTC is in a position to surge and end its multi-month correction. In a new blog post, Brandt says he opened long positions in Bitcoin as he thinks BTC may be gearing up to break out from a megaphone formation. […]

Since last week, Bitcoin’s price has increased notably following a sharp rise to $65k. It has paused buying and now looks calm with choppy price actions. A surge above the $70k level should confirm a bullish breakout. Bitcoin started this month rough following a massive breakdown from $63k to $49k in the first week. A […]

United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the growth of the digital economy. The DEI Fund will invest in a variety of projects, including power generation, data mining, […]

Police in Ankeny are warning residents of a rise in cryptocurrency scams. This time, it involves Bitcoin ATMs, where you can transfer …

At the time of writing, Bitcoin is currently valued at $63,500, deemed a fair market price according to the Bitcoin Cycle Master chart and data from Bitcoin Magazine Pro. The Bitcoin Cycle Master chart integrates on-chain metrics, including Coin Value Days Destroyed and Terminal Price, to assess Bitcoin’s position within its economic cycles. Historically, these […]

Bitcoin appears to be entering a rebound phase, given its recent increase that brought the asset’s price close to the $66,000 mark. Particularly, after briefly touching a 24-hour high of $64,893 earlier today, Bitcoin has retraced slightly, now trading at $63,786, reflecting a minor 0.2% decline over the past day. Despite this slight pullback, analysts […]

Martin Shkreli had to forfeit a one-of-a-kind Wu-Tang Clan album in 2018 — now a judge ordered him to surrender any digital copies until a court case is finalized.

Popular on-chain analyst Willy Woo says Bitcoin (BTC) just needs a fraction of the capital stored in global wealth assets to reach a seven-figure price tag. Woo tells his 1.1 million followers on the social media platform X that Bitcoin needs inflows of $5 trillion to move its price to $1 million. According to the […]

A crypto strategist known for calling market bottoms believes Bitcoin (BTC) is preparing for a big breakout and rally to fresh record highs. In a new video update, pseudonymous analyst Bluntz tells his 271,900 followers on the social media platform X that the last leg of Bitcoin’s five-wave surge is underway. Bluntz practices the Elliott […]

Shiba Inu has continued its expansion beyond a simple meme coin, with the developers announcing the introduction of a decentralised autonomous organisation (DAO). The project’s DAO is set to bring new governance powers to the community, allowing holders of the token to have a say on its future. Shiba Inu’s developers have been strong on […]

Argentina’s Ministry of Education and the ETH Kipu Foundation are introducing Ethereum and blockchain technology education into Buenos Aires high schools, starting August 27. At least 30 educators in Buenos Aires will be trained to teach Ethereum and blockchain subjects, with potential expansion to other regions. Overall, Latin America is rapidly expanding its cryptocurrency initiatives […]

Spot Bitcoin ETFs in the US saw an aggregate inflow of $202.6 million on Monday, Aug. 26, according to preliminary data from Farside Investors. This marks the second-largest day of inflows for the month and the eighth consecutive day in green for the investment products. Additionally, 12 of the past 14 trading days have seen […]

Size and timing of transaction remain significant

Ethereum price is correcting gains from the $2,820 resistance. ETH could start another increase unless there is a close below the $2,645 support. Ethereum is correcting gains below the $2,780 and $2,750 levels. The price is trading below $2,720 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line […]

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. In this edition, we discuss the recent investments made by the Salvadoran government in Bitcoin education and certification, and how these initiatives might increase trust in cryptocurrency and boost adoption in the country. Latam […]

Forbes Advisor's cryptocurrency writer and expert, Patrick McGimpsey, started buying bitcoin because he was too young to invest in Australian …

On Monday, BlackRock’s spot Bitcoin exchange-traded fund (ETF) saw its largest single-day inflow in over 35 days. The iShares Bitcoin Trust (IBIT) took in $224 million in net inflows. NEW: 🇺🇸 While others are selling, BlackRock’s #Bitcoin ETF saw $224 in inflows yesterday. Highest in over a month 🚀 pic.twitter.com/sCiSGhKzCp — Bitcoin Magazine (@BitcoinMagazine) August […]

“I believe the government pressure was wrong, and I regret that we were not more outspoken about it,” said the Meta CEO in a letter. 

Russia is reportedly gearing up to launch a new crypto-based cross-border payments system in an effort to overcome economic sanctions. Bloomberg reports that the Russian government wants to use digital tokens for cross-border transactions to help ease payment difficulties for its companies that have been affected by international sanctions placed on the country. According to […]

Bouncing off a multi-month low earlier this month, Ethereum retraced for three weeks to retest crucial breakdown support as resistance last weekend. It saw a rejection and now looks set for a drop. Ethereum’s market structure is still looking much more bearish on the short-term trend following a lower low and lower high move from […]

TL;DR Justin Sun’s $1M Pledge: TRON founder Justin Sun has pledged $1 million to a DAO aimed at advocating for the release of Telegram founder Pavel Durov, emphasizing the need for unity within the crypto community. Pavel Durov’s Arrest: Telegram CEO Pavel Durov was detained by French authorities on August 23, 2024, facing charges related […]