The newly launched native token for a Web3 infrastructure project skyrocketed by 38% this week despite the wider crypto market downtick. AVAIL, the utility token for the Avail ecosystem, is trading at $0.151, up from $0.109 seven days ago. The 190th-ranked crypto asset by market cap is also up more than 3% in the past […]
Safely and quickly turning digital assets into cold, hard cash is paramount for many investors in the fast-paced world of cryptocurrency. One of the emerging players within this space is the Cryptoheap, which has created creative solutions to help in this conversion with more earning potential. This article discusses the CryptoHeap, ways to earn from […]
TL;DR 2024 Predictions: Pyth Network (PYTH) is expected to trade between $0.29 and $1.38, with potential growth of up to 376.93%. 2025 Forecast: Estimates vary widely, with predictions ranging from $0.30 to $4.52, reflecting differing market outlooks. Long-Term Outlook: By 2030, PYTH could potentially reach up to $10, driven by its innovative data model and […]
Memecoins have ruled the market in the last few years with leading coins DOGE and Shiba Inu (SHIB) and new memecoins like Book Of Memecoin (BOME), but the trend has changed, and utility coins are now leading the market. DTX Exchange is emerging as the main competitor of the memecoins like Book Of Memecoin (BOME) […]
[PRESS RELEASE – Delaware, United States, August 16th, 2024] Led by Finality Capital and Paper Ventures, with participation from Arrington Capital, Draper Dragon, Lightshift, and others. Holonym Foundation, an organization building the next generation of digital identity security for the decentralized web, is announcing the completion of a successful $5.5 million seed funding round. The […]
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move aligns with a broader trend in the bitcoin mining sector, where firms have collectively secured $2.1 billion through stock offerings since […]
Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), revealed this during a stakeholder engagement with the Senate and …
Huge rise in whale activity detected for Bitcoin
The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in […]
The positive inflows into ETFs from major players like Fidelity and BlackRock highlight the growing confidence in the investment vehicles.
A widely followed cryptocurrency analyst and trader who nailed the 2018 Bitcoin bottom is expressing bullish sentiment on Bitcoin (BTC). Pseudonymous crypto strategist Bluntz tells his 269,300 followers on the social media platform X that he believes Bitcoin has likely bottomed out after completing an ABC corrective move on the four-hour chart. Bluntz is a […]
Real Vision analyst Jamie Coutts believes that Bitcoin (BTC) could reach a six-figure price during the current cycle. Coutts says that compared to previous bull cycles witnessed in 2017 and 2020, Bitcoin is likely to record diminishing returns this time round. According to Coutts, Bitcoin rallied by 19X in 2017 and 6X in 2020 but […]
Check Point Research (CPR) has uncovered Styx Stealer, a new malware capable of stealing browser data, cryptocurrency, and instant messenger sessions. Styx Stealer is a variant of Phemedrone Stealer and includes new features like auto-start and crypto-clipping. The malware was traced back to a developer linked to the Agent Tesla threat actor “Fucosreal.” During debugging, […]
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TL;DR Bitcoin funding rates on Binance have hit their lowest level of the year. The average indicator of funding rates across all exchanges has also turned negative. This change suggests a dominance of short positions and a short-term bearish sentiment. Bitcoin funding rates on Binance, the world’s largest cryptocurrency exchange by trading volume, have seen […]
The crypto market is struggling to get enough momentum for the next bull run, with top altcoins entering a consolidation phase. Despite this gloomy outlook, a savvy Dogecoin (DOGE) trader has spotted two tokens poised to soar by 4,000% soon. These are Shiba Inu (SHIB) and RCO Finance (RCOF), a new Ethereum token. Why does […]
Bitcoin’s price is recovering steadily from the drops experienced the other day, and the bulls are now targeting a critical resistance level. That said, some of the altcoins are also going through a resurgence, with a few particular ones standing out. Let’s dive in. Bitcoin Price Pushing $60K As seen in the chart below, Bitcoin’s […]
The US government is selling Bitcoin, according to this finance lawyer
XRP, being one of the worst year-to-date performers among the top 10 largest crypto by market cap, now appears to be on the verge of a historical rally, according to renowned crypto analyst Javon Marks. According to Marks, XRP’s latest price action suggests a major turn in its trajectory, reminiscent of its monumental rise observed from 2016 […]
The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges.
A widely followed crypto analyst is warning that Bitcoin (BTC) could plummet below $50,000 if it fails to hold a key support level. Crypto trader Michaël van de Poppe tells his 723,000 followers on the social media platform X that Bitcoin could witness another steep downward move if its immediate support level crumbles. “Bitcoin is […]
South Korea’s National Pension Service (NPS) has purchased $34 million worth of shares in MicroStrategy, the business intelligence firm that has accumulated billions in Bitcoin. JUST IN: 🇰🇷 South Korean pension fund reports buying $34 million in MicroStrategy shares. pic.twitter.com/Sg5cRAkjzZ — Bitcoin Magazine (@BitcoinMagazine) August 16, 2024 According to a recent SEC filing, the NPS […]
Fidelity, a global financial giant with US$4.9 trillion AUM, has been a pioneer in cryptocurrency ventures, including Bitcoin mining as early as 2014. The company, under CEO Abigail Johnson, recognises blockchain’s disruptive potential and is expanding its crypto investments and offerings. Fidelity is currently evaluating stablecoins and tokenised treasury products, indicating a strategic move towards […]
This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo throughout the cryptocurrency community, underscoring his deep insight into the development of digital cash systems. From RPOW to Bitcoin Hal Finney was […]
The Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts.
Issuers are lining up for the next wave of cryptocurrency exchange-trade funds.
US Presidential hopeful Donald Trump now owns over $1 million in crypto despite once calling the technology a scam. According to new official financial disclosures from the former reality television star, Donald J. Trump owns over $1 million in crypto. The disclosures also show that the business magnate made $300,000 selling Christian bibles. Trump’s crypto […]
Can rate of Bitcoin (BTC) bounce back by end of week?
Dogecoin has been a focal point in the cryptocurrency world, and a mix of positive and negative signals is setting its future. On one hand, the number of Dogecoin addresses has been increasing. On the other hand, the recent technical analysis gives less reason for optimism over the short to medium term. What must investors […]
TL;DR Arbitrum DAO approved a proposal to enhance the utility of the ARB token and strengthen governance, with 91% support from over 25,000 participants. The proposal introduces ARB staking, allowing holders to stake their tokens in exchange for stARB, which facilitates the accumulation of future rewards. The change aims to increase active participation in governance […]
The crypto world is buzzing with new innovations and exciting projects as 2024 introduces new opportunities. Leading the charge is BlockDAG, showcasing cutting-edge technology, while Pepe Unchained grabs attention with its unique creativity. Joining the ranks are Meme Games, Crypto All-Stars, and Base Dawgz, each bringing their flair to the ever-evolving digital currency landscape. These […]
The Shiba Inu team has come up with an important announcement that’s integral to the ongoing and long-term development of the project. In a tweet from August 16th, the team said that the long-awaited community Burn Portal is now live. Introducing Shib Torch! The long-awaited community Burn Portal is now live. Every Shibarium L2 transaction […]