At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting. With numerous developments, including rising tensions in the Middle East, a variety of […]
The XRP price has registered a notable drop during the past day as on-chain data shows the whales have been making transactions to exchanges. XRP Has Witnessed A Sharp Drop Over The Last 24 Hours The cryptocurrency sector has been observing bearish winds recently, with the drawdown deepening across the market during the past day. […]
BTC price gains allow Bitcoin bulls zero in on $300 million in ask liquidity located above $62,000.
New cryptocurrency market entrants are becoming stronger than legacy tokens such as Cardano (ADA) and Ripple (XRP). RCO Finance (RCOF) is a leading presale coin, grabbing investors’ interest due to its solid benefits in the finance industry and potential investment returns promised in its public presale. Is RCOF the best crypto to buy over ADA or […]
Are there any prerequisites for local rise of DOGE?
GAMING News: TapSwap Daily Code is a popular game on Telegram where players earn cryptocurrency by tapping a virtual gold coin.
Every author has their own voice. At Bitcoin Magazine, we’ve long been advocates of elevating the voices from the Bitcoin community. As the premier publisher of Bitcoin opinion content, we continually amplify the various perspectives from across the industry, whether they’re those of major CEOs or humble stackers. That said, the Bitcoin Magazine brand has […]
TL;DR The price of Bitcoin has suffered corrections since March, driven by large sell-offs from whales and a massive token unlock, increasing the supply of altcoins in the market. The selling pressure has countered the positive flows from stablecoins and BTC ETFs, although an optimistic outlook remains for the coming months. Whales, who hold more […]
TL;DR The cryptocurrency market experiences a surge following the U.S. jobs report in September, with Bitcoin rising 2.75% to $62,119 and Ethereum up 3.6% to $2,425. The U.S. economy added 254,000 jobs, exceeding the expectation of 150,000, which could lead the Federal Reserve to adopt a more gradual approach to interest rate cuts. Daily liquidations […]
Coinbase will remove certain stablecoins from its platform in the European Economic Area (EEA) by the end of the year. The company made the announcement today (Friday), citing upcoming regulatory changes in the region. Stablecoins are digital assets designed to maintain a stable value by being tied to a fiat currency or other asset. These […]
A widely followed cryptocurrency analyst and trader is highlighting one memecoin that he believes possesses more upside potential while offering his insights on layer-1 altcoin Sui (SUI). The analyst pseudonymously known as Bluntz tells his 278,500 followers on the social media platform X that the feline-inspired memecoin, Simon’s Cat (CAT), “looks finally ready for the […]
Ethereum remains the second-largest crypto but has lagged with only a 44% increase compared to Bitcoin’s 123% and Solana’s 496% over the past year. Despite trading at prices similar to 2022, Ethereum has not reached a new all-time high this cycle, peaking at US$4,066 in March 2024. Analyst Benjamin Cowen predicts Ethereum could see a […]
Mark Cuban views all memecoins, except Dogecoin, as potential rug pulls due to their volatility and lack of long-term purpose, but finds this unpredictability exciting. The former principal owner of the Dallas Mavericks compared memecoin trading to gambling or flipping a coin. Despite the risks, Cuban admits he occasionally considers buying memecoins but reminds himself […]
Crypto analyst Ali Martinez has suggested that the Bitcoin crash might not be over despite the relief rally to $61,000. The analyst highlighted the $60,365 price level as being important to avoid a potential crash to as low as $57,000. Bitcoin Needs To Hold Above This Price Level To Avoid Crash Martinez stated in an […]
Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement.
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss. The price briefly fell under $2,400 and is currently trying to reconfirm this level as support. If it fails, then sellers may have an opening to push it […]
A pioneering Africa-Europe collaboration aims to train 700 African Doctor of Philosophy (PhDs) in artificial intelligence (AI) over the next decade. The first intake of this program, however, will be unique: it will consist entirely of women. This initiative is the brainchild of CORE AI, a research partnership uniting universities from both continents. The program […]
Bitwise changing crypto ETF strategies
BlockDAG’s $79.5M Presale & 50% Bonus Catalyzes Market: Bitcoin ETFs Expand as AVAX Prices Remain Indeterminate The cryptocurrency landscape remains a roller coaster of volatility and rapid shifts. The Bitcoin ETF continues to draw global investors, serving as an essential gateway to Bitcoin, a trailblazer in the digital asset realm. Meanwhile, predictions for AVAX offer […]
Thailand exempts cryptocurrency VAT under Royal Decree No. 788, effective January 1. VAT is waived on crypto transfers within trading centers.
As 2024 comes to a close, Bitcoin investors are eagerly eyeing the final quarter of the year, traditionally known for positive price action. With many speculating that a bullish rally may be on the horizon, let’s break down the historical data, analyze trends, and weigh the possibilities of what BTC’s price action might look like […]
Veteran trader Peter Brandt is issuing a warning about Bitcoin (BTC) amid the flagship crypto’s decline to the $60,000 level. Brandt tells his 741,200 followers on the social media platform X that Bitcoin still needs to hit higher price targets on the weekly timeframe to confirm that its bullish trend is intact. “The recent rally […]
A cryptocurrency trader and analyst says one red-hot Solana (SOL)-based memecoin may have even more upside potential. The analyst pseudonymously known as Altcoin Sherpa tells his 11,300 YouTube subscribers that Popcat (POPCAT) could soon flip $1 into a support level. “One coin that I think still looks pretty good is Popcat. I think this coin […]
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.
TL;DR Tron’s Q3 Revenue Soars: Tron reported $566 million in revenue for Q3 2024, a 43% increase from the previous quarter, surpassing Ethereum and Bitcoin. Key Growth Drivers: Strategic upgrades, token-agnostic gas payments, and deflationary tokenomics have significantly boosted Tron’s appeal and revenue. Future Prospects: With plans for further infrastructure enhancements and DeFi expansion, Tron […]
TL;DR Grayscale launches the Grayscale® Aave Trust, offering exposure to AAVE. Aave is a decentralized platform for lending and borrowing without traditional intermediaries. The Trust is available to accredited investors with daily subscriptions. Grayscale Investments has announced the launch of its new financial product, the Grayscale® Aave Trust, an investment vehicle that will allow accredited […]
In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that’s been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin’s dominance (BTC.D) continues to surge and altcoins struggle to keep pace, Astronomer provides a data-driven perspective challenging the prevailing narratives […]
The Australian Federal Police has successfully cracked a crypto wallet with holdings of up to AU $10m as part of Operation Kraken. The wallet belonged to Jay Je Yoon Jung, a Sydney man responsible for maintaining the criminal communications platform “Ghost”. Police managed to acquire Jung’s seed phrase via an analysis of his devices. The […]
Ripple has recently encountered significant selling pressure near the $0.65 resistance zone, triggering a sharp decline. This movement signals a potential shift toward bearish dominance as the price breaks below the ascending wedge pattern’s lower boundary. XRP may continue its descent toward the $0.5 threshold in the coming sessions. XRP Analysis By Shayan The Daily […]
Malicious actors stole $753 million in the third quarter, with phishing being the most costly attack vector. The report emphasizes the need for stronger security measures and warns users to be cautious of phishing scams. Ethereum and Bitcoin networks were the hardest hit chains, with combined losses exceeding $600 million. Users Urged to Be Wary […]
Shiba Inu could be on verge of adding another zero to its price, especially if bears do not give up
A closely followed crypto strategist is warning that one modular blockchain project may be on the verge of collapse. Pseudonymous analyst Altcoin Sherpa tells his 224,000 followers on the social media platform X that layer-1 Celestia (TIA) could plummet by more than 77% from its current value due to prolonged investor selling. The analyst cites […]