Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload the stake well before the August 11 deadline for reporting […]

Former president Donald Trump is slated to attend a major Bitcoin (BTC) event as he continues to attempt to woo voters from the crypto community. In a post on social media platform X, the organizers of Bitcoin 2024 say that the Republican presidential candidate will speak at the conference, which will be held in Nashville, […]

Cryptocurrency market might finally see reversal thanks to these five major factors

As Rayn Rashid reports, Cryptocurrency in Canada is on the rise but some Canadians have doubts about the risks and volatility in such markets.

MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government.

According to data from iCrypto.ai, there is significant buying pressure from Smart Money for $MOCA. The Moca_Network token began trading at 12:00 UTC+0 yesterday on prominent exchanges including Bybit, Gate, Uniswap, Bitget, and Kucoin. Notable activities observed by iCrypto include strategic airdrops and substantial deposits. One wallet, 0xe0de, received an airdrop of 1.3 million $MOCA, […]

The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate attempts from bulls to keep the price up. Even then, one crypto analyst does not […]

A key indicator that predated a 400% altcoin rally is once again flashing bullish, according to the co-founders of market intelligence firm Glassnode. In a new thread, Glassnode co-founders Jan Happel and Yann Allemann – who go by the handle Negentropic – tell their 63,300 followers on the social media platform X that investors are […]

Germany’s on-chain Bitcoin wallet balance has officially reached zero, according to Arkham Intelligence, meaning sell pressure from the European economic powerhouse is likely at or near its end. The wallet’s latest outflows bring an end to a bearish narrative that’s hung over the crypto market for weeks, at a time when on-chain indicators are signaling […]

Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF update, 60% (88 jurisdictions) have decided to permit virtual asset service providers (VASPs), while 14% (20 jurisdictions) explicitly prohibit them. The FATF […]

The German government officially has zero BTC left after weeks of dumping its reserves onto the market, keeping the price below $60,000.

Cardano price shows ultra-bullish behavior while no one notices

… cryptocurrency traders worldwide … /BMTEX Exchange/ – In an era of rapid digital asset development, cryptocurrency trading has become a popular choice …

A recent analysis from CryptoQuant has revealed that institutional investors have shown a notable level of activity in the Bitcoin market, snapping up a substantial 100,000 BTC over just one week. Particularly, in the past month, these entities with wallets holding 1,000 to 10,000 BTC  have shown massive inflow levels that effectively match what was […]

A closely followed crypto analyst says one Bitcoin (BTC) metric that previously predicted a bullish reversal is once again flashing green. Jamie Coutts, the chief crypto analyst at Real Vision, says that Bitcoin’s hashrate decline is slowing, a signal that has typically preceded momentum reversal for the crypto king. However, he notes that the prediction […]

Banks are collapsing at an unprecedented rate in China due to a major downturn in the country’s property market, poor risk controls and other issues. In the week ending on June 24th, 40 smaller banks were sucked up by larger institutions, a vanishing act incomparable even to the savings and loan crisis of the 1980’s […]

TL;DR The SEC has concluded a three-year investigation into Hiro Systems, a blockchain software development company. The SEC’s decision not to recommend regulatory actions against the company marks a victory for the crypto industry in its confrontation with the U.S. regulator. The focus of the investigation was on Stacks protocol, a layer-2 blockchain designed to […]

Mathew McDermott, Goldman Sachs’ global head of digital assets, announced the bank’s intent to launch tokenisation products. One of those products would be a marketplace for financial institutions instead of retail investors. The bank’s tokenised products will be launched on permissioned (private) blockchains. Investment banking giant Goldman Sachs is set to launch at least three […]

BlackRock, the world’s largest asset manager, has amassed US $18b worth of Bitcoin for investors in just six months of trading. The institution’s major spot Bitcoin ETF, IBIT, is by far the biggest on the market. Grayscale outflows have steaded in recent weeks, with only four days of net outflows recorded in the past fortnight.  […]

Breaking down from a three-month range bound last week, Ripple’s XRP saw a sharp rejection and retraced back in the range. The price looks strong following a 3% gain but is currently facing resistance. Following a lower low and lower high movement in a month, XRP fell sharply below a key range bound to a […]

Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong demand increasingly. Although the stablecoin market is still highly concentrated, with Tether’s USDT at the forefront, its dominance has been eroding over the last two years. In fact, Kaiko’s latest data shows a […]

To preempt lawsuits and counter allegations that they are training their respective artificial intelligence (AI) models with illegally obtained data, AI firms should rely on publicly available or open-source data, according to Alberto Fernandez. Fernandez, a proponent of decentralized AI and also the European representative of Qubic Ecosystem, emphasizes that AI firms should consider anonymizing […]

An underlying theme of this cycle has been to challenge preconceived notions about how people use Bitcoin around the world. New behaviors are emerging and other cultures are using the asset in a way that is breaking previously established molds. A major trend emerging out of this chaotic environment is the resurgence of seedless security […]

Solana’s onchain and derivatives metrics show no signs of stress, possibly paving the way for a rally to $160.

The government of Germany is continuing its Bitcoin (BTC) sell-off, bringing its total number of tokens down below 4,000. According to new data from blockchain “de-anonymizing” platform Arkham Intelligence, during the last 24 hours, the German government has sold hundreds of millions of dollars worth of BTC, continuing its trend of selling off the crypto […]

Price reversal ended sooner than expected

… cryptocurrency. This posed several challenges due to the particular type of cryptocurrency; however, these were overcome.” Finney was convicted in …

The Bitcoin price has recently shown signs of recovery, climbing back to the $58,000 level after hitting a five-month low of $53,500. However, technical analysis suggests that the digital asset may struggle to surpass crucial indicators, potentially revisiting lower price levels.  In a recent post on social media platform X (formerly Twitter), market expert Jackis […]

The cryptocurrency market has gone through a considerable rollercoaster in the past seven days, with the price action being as volatile as it can get. At the time of this writing, the total capitalization settled at around $2.5 trillion, up 3.5% during that period. Bitcoin wasted no time and, on July 7th, pushed above $58K […]

Bitfarms Ltd. has scheduled a special shareholders meeting for Oct. 29, 2024, in response to a requisition from Riot Platforms, Inc. The announcement on Friday claims Riot aims to disrupt Bitfarms’ ongoing strategic review process and acquire the company. The special committee of independent directors, after extensive deliberation and advice from financial and legal advisors, […]

A popular crypto trader and analyst thinks one Ethereum (ETH) rival is gearing up for a strong finish in 2024. The pseudonymous analyst known as Altcoin Sherpa tells his 217,900 followers on the social media platform X that Solana (SOL) has a healthy market structure and predicts a breakout for the top-10 altcoin before the […]

Bitcoin 2024 is one of the industry’s most-attended conferences, with previous years seeing over 30k attendees. That number is set to spike this year after the conference reeled in one of the biggest names in the world as a speaker – Republican candidate Donald Trump. Trump has steadily transitioned into a pro-crypto politician, despite years […]