John Bollinger and crypto analysts warn of big Bitcoin price moves as tight Bollinger Bands signal action

Lightning Ventures, a VC firm in the Bitcoin space, launched Thunder Funder, a Regulation Crowdfunding (Reg CF) portal, at the Bitcoin 2024 conference last week.  The platform aims to democratize early-stage investing in Bitcoin and open-source startups by allowing both accredited and non-accredited investors to participate.  Thunder Funder leverages the Reg CF framework, which permits companies […]

As per the officials, it is alleged that 2,508 investors deposited more than Rs 7.34 crore in a fake cryptocurrency business in the name of “Emollient …

Ethereum’s price has been going through a frustrating consolidation period over the past few months following the price’s failure to break above the $4,000 resistance level. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has recently rebounded from the $2,800 mark and rallied toward the $3,500 resistance level. However, the […]

In the Bitcoin and the overall crypto market, August has long been observed as a quieter month, with historical data showing a consistent downturn in both activity and asset value during this time of the year. Coinbase’s analysis further highlights this pattern in its latest weekly report. According to Coinbase analysts David Duong and David […]

JPMorgan Chase and Wells Fargo are refusing to reimburse the vast majority of customers who send their money to scammers, according to a new report. New numbers from the US Senate’s Permanent Subcommittee on Investigations show Chase reimbursed 2% of scams reported on the instant payments network Zelle in 2023. That compares to 4% at […]

TL;DR Bitcoin Volatility Metrics: BTC volatility is currently at multi-month highs, reminiscent of early May levels. Over 90,000 traders faced liquidations, resulting in total crypto market liquidations of $267.95 million. Geopolitical Tensions: The ongoing conflict between Israel and Hezbollah has escalated, creating risk-off sentiment in global markets. Similar reactions occurred during the Russia-Ukraine conflict and […]

To enable people around the world to earn passive income without leaving their homes, NFTcolo is excited to launch its cutting-edge and easily accessible crypto investment service. Since its founding in 2021, NFTcolo has been leading the Crypto investment industry, combining platform diversified investment with the most advanced quantum technology to create a profitable, safe […]

The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision to float the birr and insisted that this move does not amount to the devaluation of the currency. Ahmed stated that the intention is to unify the official and parallel market exchange rates. Reports suggest that Ethiopia’s decision to float the birr was promptly rewarded […]

A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking.

VanEck forecasts Bitcoin’s price could hit US$52.4M by 2050, while its bearish scenario still sees US$130K. Willy Woo challenges extremely high forecasts, seeing a more realistic US$700K cap if Bitcoin captures 3% of global assets. Woo believes Bitcoin will overhaul financial systems as it potentially surpasses the market cap of all fiat currencies. We’ve heard […]

Ripple giant has unloaded half billion XRP as price attempts to break out

On the main stage of Bitcoin 2024, Rep. Wiley Nickel (D-NC) shared that he’s working to have the Democrats shift to a more pro-Bitcoin and pro-crypto stance. He told the audience at the event that he’d recently written a letter to the DNC signed by 28 Democrats, 14 of which are in Congress, advocating for […]

The agency also raided five premises in Haryana's Sonipat linked to Leh residents A.R. Mir and Ajay Kumar Choudhary, who ran a cryptocurrency …

New research from TRM Labs shows that Russian-speaking actors play the largest role in most crypto-related cybercrimes. According to a TRM Report, the crypto-enabled cybercrimes include darknet drug sales, illicit crypto exchange activity, and ransomware schemes. “Ransomware: Russian-speaking ransomware groups accounted for at least 69% of all crypto proceeds from ransomware in 2023, exceeding USD […]

The decentralized oracle network Chainlink (LINK) continues to lead all ERC-20 projects in terms of recent development activity, according to the crypto analytics firm Santiment. Santiment notes that Chainlink registered 401.53 notable GitHub events in the past 30 days. The oracle project also topped the list in June, clocking in 560.6 notable events over a […]

The Solana price has been rocked by the latest bombshell revelations surrounding the collapse of crypto exchange FTX. According to a whistleblower claiming inside knowledge of FTX’s operations, the now-bankrupt company is secretly holding a massive stash of Solana tokens – up to 8% of the entire SOL supply. Triggering Fears Of Massive Sell-Off By […]

Coinbase reported a total revenue of $1.449 billion for the second quarter, surpassing the market consensus estimate of $1.396 billion. However, this figure represents an 11% decrease from the first quarter, partly attributed to falling consumer transaction revenues. Coinbase Q2 Revenue Drops 29% Coinbase’s Q2 consumer transaction revenues fell 29% to $665 million, down from […]

Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy remains committed to its bitcoin strategy. Microstrategy Expands Bitcoin Holdings Microstrategy Inc. (Nasdaq: MSTR) reported its […]

This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm.

TL;DR Rebranding to Sonic Labs: Fantom, a DAG protocol, has transformed into Sonic Labs. The project’s official page now bears the name “Sonic Labs,” signaling a fresh direction. Sonic Labs will focus on developing decentralized applications (DApps) within the Sonic ecosystem. Sonic’s Impressive Features: Sonic, touted as the fastest EVM, operates as a Layer-1 platform […]

TL;DR Balancing Needs: Vitalik Buterin emphasized the importance of making Ethereum accessible to both newcomers and experienced users while maintaining its core values. Challenge of Accessibility: Developers face the challenge of appealing to users of varying skill levels without relying on centralized infrastructure. Buterin stressed the importance of creating applications. Cross-Chain Interoperability: Buterin urged developers to reduce friction […]

Today, the market saw a widespread de­cline, marked by major tokens plumme­ting in value. Amidst this downturn, Interne­t Computer (ICP) and Algotech (ALGT) stood out for their resilie­nce, defying the ne­gative trend. In contrast, Polygon (MATIC), repre­senting the Polygon network, face­d substantial downward pressure. The re­cent downturn in the broader crypto market is linked to […]

Crypto mogul Mike Novogratz has highlighted a a report that focuses on key trends in cryptocurrency mining

In a significant move among major Wall Street banks, Morgan Stanley will soon allow its financial advisors to offer Bitcoin ETFs to certain clients, CNBC reports. Starting Wednesday, the firm’s 15,000 advisors can pitch BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund to eligible clients. BREAKING: Morgan Stanley tells wealth advisors they can pitch […]

JPMorgan Chase is reportedly changing its forecast for incoming rate cuts from the Federal Reserve as fears that the US is heading toward a recession grip global markets. A series of weaker-than-expected reports on the US economy, including a bleak jobs report, triggered a stock market retreat on Friday. Amid growing fears that the US […]

Solana’s price experienced an 18% drop over several days, followed by a partial recovery of 4.5%. SEC regulatory uncertainty and Solana’s outperformance over Ethereum in fee revenue and MEV likely drive the price fluctuations. There’s significant volatility in the market as some altcoins lose heavily while others gain, with substantial liquidations totalling US$284.60 million. Solana […]

Ripple has announced the allocation of US$10M into tokenised US T-bills on the XRPL network. TBILL tokens are backed by short-term US T-bills and reverse repurchase agreements. Purchasers will be able to mint TBILL tokens via Stablecoins, including Ripple USD, which is due to launch later this year. This is the first time a traditional […]

Do Kwon, the co-founder of the bankrupt Terraform Labs, will be extradited to South Korea, a Montenegro appeals court ordered yesterday (Thursday), rejecting the United States’ bid. However, it remains unclear when he will be sent to his home country. The Fate of Do Kwon The latest order came after months of legal tussle between […]

Over 4000 students received $5.42 worth of Ckbtc, the so-called bitcoin twin, to use at campus cafes, restaurants, and copy shops.

Polygon (MATIC) recently broke below the crucial support level at $0.5 and is at risk of further price declines. This price drop is thanks to several traders who offloaded their tokens as soon as Polygon reached this support level amid the downtrend in the broader crypto market. Polygon Faces Significant Selling Pressure The Exchange-Onchain Market […]

The valuation assumes continued aggressive Bitcoin buying by MicroStrategy.