On Dec. 14, Bitcoin pioneer Nic Carter asked the burning question. Almost everyone assumes that we’re due for a 2017/18 or 2021/22-esque bull run, he said. “I’ll be the guy to ask why. Do you have any basis for this or have you trained a model on 2 data points?” he asked. The question is […]
A survey by Binance reveals that 45% of users use cryptocurrency for income, highlighting its role in offering alternatives to traditional …
Metagood, a blockchain technology and digital assets company, announced the successful completion of a $5 million series seed funding round aimed at advancing its Osura marketplace, focused on art within the Bitcoin ecosystem, according to a press release sent to Bitcoin Magazine. “Osura is embarking on a groundbreaking collaboration with artists to immortalize their creations […]
At current prices, the free BONK airdrop for Saga owners stands at $877, making it — at least temporarily — a “phone that pays for itself.”
The Solana (SOL)-based dog-themed meme asset Bonk (BONK) has surpassed rival Shiba Inu (SHIB) in daily trading volume as its price jumps over 40% in just 24 hours. New data from crypto data aggregator CoinMarketCap reveals that the Dogecoin (DOGE) competitor has seen a staggering 71.8% increase in daily trading volume, bringing its total to about […]
An Ethereum (ETH)-based native token for a decentralized finance (DeFi) project is flashing a couple of bullish divergences, according to the crypto analytics firm Santiment. Aave (AAVE), a DeFi lending protocol, is trading at $93.89 at time of writing and is up more than 2.3% in the past 24 hours. Santiment notes that the asset’s […]
In a recent survey conducted by Binance, the world’s largest cryptocurrency exchange, it was revealed that almost half of its users rely on digital assets to generate extra income. This finding underscores the growing significance of cryptocurrencies in today’s financial landscape. The survey, which included a diverse group of participants from various regions, aimed to […]
Ethereum going up for now, but underlying data shows some issues
Crypto wallet manufacturer Ledger has confirmed an exploit that led it to warn users to “stop using dapps” started because a former employee fell for a phishing scam. The former employee’s name and email address showed up in the compromised code. Initially the crypto community took it to mean that the developer himself was responsible […]
In a significant stride toward mainstream cryptocurrency adoption, the Swiss city of Lugano has officially embraced Bitcoin and Tether for tax payments and various community fees. The announcement, made on December 5, underscores Lugano’s commitment to leveraging Bitcoin technology in collaboration with Tether, aiming to transform the city’s financial landscape. This move, part of the […]
As the final months of the year approach, the anticipation surrounding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has generated considerable excitement among analysts and traders. While many stake their hopes on these index funds to fuel a significant price surge for Bitcoin and the broader […]
In sync with the recent market fluctuations affecting major cryptocurrencies like Bitcoin and Ethereum, Solana experienced a dip in its value, initially hovering around the $77.75 zone. SOL faced a drop below key support levels at $75 and $70. Despite this downward trend, bullish activity emerged above the $65 support level, propelling Solana to a […]
Crypto prices have turned green this week after a brief pullback, with market leaders like Bitcoin and Ethereum up 4.17% and 4.69% today and other cryptos like Cardano, Internet Computer, and Injective Protocol exploding massively. Meanwhile, the newly launched meme coin-cross GambleFi token Meme Kombat is surging towards $3 million in its presale, indicating this […]
The case reflects the DOJ's growing focus on cryptocurrency-related crimes, spearheaded by the Computer Crime and Intellectual Property Section's ( …
Today, Bitcoin exchange River has unveiled its latest product, River Link, aiming to transform the way Bitcoin is sent and received on a global scale. River Link facilitates the seamless transfer of Bitcoin through text messages, offering users a straightforward and user-friendly experience that eliminates the complexities often associated with Bitcoin transactions. Traditionally, sending Bitcoin […]
Bitcoin and altcoins are a sure-fire bet ahead of a “great pivot” by the Fed on interest rates in 2024, Hayes believes.
Bitwise, the world’s largest crypto index fund manager, forecasts Bitcoin (BTC) to exceed $80,000
Coinbase, one of the world’s leading cryptocurrency exchanges, has officially announced its support for the Bonk token (BONK) on the Solana network (SPL token). This announcement has triggered a significant rise in Bonk’s value and has consolidated its position in the competitive cryptocurrency market. Coinbase will add support for Bonk (BONK) on the Solana network […]
The Cardano network is witnessing a significant surge in its Total Value Locked (TVL), indicating growing investor confidence in its decentralized finance (DeFi) ecosystem. The TVL, which represents the total value of assets locked in a DeFi protocol, has soared to nearly $450 million, marking a substantial increase from the previous peak of $330 million […]
There is a rising influx of capital into the cryptocurrency market, as highlighted by the consistent upsurge of the stablecoin Tether (USDT). This is according to a report released by KuCoin Research, which showcased that the correlation between the issuance of USDT and the price of Bitcoin had reached an unprecedented high. This trend shows […]
Thor Hartvigsen, a data-driven decentralized finance (DeFi) researcher, is questioning the appeal of Injective Protocol, a layer-1 platform whose creators say is designed to expressly power finance. As of December 2023, INJ, the native currency of Injective Protocol, is one of the top-performing coins, surpassing Bitcoin (BTC) and Ethereum (ETH). Is Injective Protocol Undervalued Based On […]
A widely followed analyst and trader is issuing a warning on Bitcoin (BTC) after the flagship crypto asset corrected from the 19-month high reached last week. The analyst and trader pseudonymously known as The Flow Horse says that while the anticipated authorization of a spot Bitcoin exchange-traded fund (ETF) will trigger a price spike for […]
The decentralized exchange (DEX) OKX has suffered a security breach as a result of a compromised private key, according to cybersecurity firms. In a post on social media platform X, blockchain security company PeckShield says the exploit enabled the hackers to get away with $2.76 million worth of Ethereum (ETH), Tether (USDT) and USDC. “PeckShieldAlert […]
Ledger has since attributed the exploit to a phishing attack on a former employee.
Mian Wong, advisory director of Grant Thornton Hong Kong, said that despite regulatory challenges globally for cryptocurrency companies, virtual …
Gary Gensler, the current Chair of the U.S. Securities and Exchange Commission (SEC), hinted at a potential shift in the SEC’s perspective regarding spot Bitcoin exchange-traded fund (ETF) applications during an interview with CNBC. In the CNBC interview, Gensler disclosed that the SEC is actively reconsidering its approach to spot Bitcoin ETF applications. “And as […]
In the realm of cryptocurrencies, $Bonk, a significant player within the Solana ecosystem, has become a subject of intense speculation, creating ripples in the cryptocurrency landscape. Over the past 24 hours, $Bonk has experienced an impressive surge of over 52%. Thereby, maintaining an upward trajectory for months and accumulating substantial gains of over 750% in […]
TL;DR ADA, Cardano’s token, has seen a 75% surge in the past 14 days, currently trading around $0.65, benefiting from the overall bullish trend in the crypto market. The global crypto market cap reached $1.7 trillion, suggesting a potential bull run, with Bitcoin surpassing $44,000 for the first time since spring 2022. ADA’s on-chain metrics […]
Galaxy Digital CEO and founder Mike Novogratz believes that a transfer of wealth to the next generation could inject $225 billion into Bitcoin (BTC) and other cryptocurrencies. Novogratz tells his 461,900 followers on the social media platform X that he believes that millennials are more inclined to invest in digital assets than baby boomers. “This […]
Morgan Creek CEO and hedge fund veteran Mark Yusko says Bitcoin’s (BTC) rally to a six-figure price will happen at lightning speed. In a Wolf of All Streets interview, Yusko says that Bitcoin is currently below its fair value of $50,000. According to the hedge fund veteran, Bitcoin’s surge from its yet-to-be-reached fair value could […]
The Co-Founder of the collapsed crypto lending platform Three Arrows Capital (3AC), Su Zhu, has been questioned in a court in Singapore. This investigation, as reported by Bloomberg, marked a significant step in the search for a solution by the company’s liquidators seeking to recover $3.3 billion for creditors. This interrogation, which was conducted for […]
JPMorgan analysts, while maintaining an overall cautious stance on the cryptocurrency market, foresee Ethereum (ETH) surpassing Bitcoin (BTC) and other digital currencies in market price performance by 2024. This bullish outlook for Ethereum reflects a distinctive perspective within the institution, suggesting that the analysts see unique potential and favorable prospects for Ethereum relative to other […]