Martin Shkreli had to forfeit a one-of-a-kind Wu-Tang Clan album in 2018 — now a judge ordered him to surrender any digital copies until a court case is finalized.
Popular on-chain analyst Willy Woo says Bitcoin (BTC) just needs a fraction of the capital stored in global wealth assets to reach a seven-figure price tag. Woo tells his 1.1 million followers on the social media platform X that Bitcoin needs inflows of $5 trillion to move its price to $1 million. According to the […]
A crypto strategist known for calling market bottoms believes Bitcoin (BTC) is preparing for a big breakout and rally to fresh record highs. In a new video update, pseudonymous analyst Bluntz tells his 271,900 followers on the social media platform X that the last leg of Bitcoin’s five-wave surge is underway. Bluntz practices the Elliott […]
Shiba Inu has continued its expansion beyond a simple meme coin, with the developers announcing the introduction of a decentralised autonomous organisation (DAO). The project’s DAO is set to bring new governance powers to the community, allowing holders of the token to have a say on its future. Shiba Inu’s developers have been strong on […]
Argentina’s Ministry of Education and the ETH Kipu Foundation are introducing Ethereum and blockchain technology education into Buenos Aires high schools, starting August 27. At least 30 educators in Buenos Aires will be trained to teach Ethereum and blockchain subjects, with potential expansion to other regions. Overall, Latin America is rapidly expanding its cryptocurrency initiatives […]
Spot Bitcoin ETFs in the US saw an aggregate inflow of $202.6 million on Monday, Aug. 26, according to preliminary data from Farside Investors. This marks the second-largest day of inflows for the month and the eighth consecutive day in green for the investment products. Additionally, 12 of the past 14 trading days have seen […]
Size and timing of transaction remain significant
Ethereum price is correcting gains from the $2,820 resistance. ETH could start another increase unless there is a close below the $2,645 support. Ethereum is correcting gains below the $2,780 and $2,750 levels. The price is trading below $2,720 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line […]
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. In this edition, we discuss the recent investments made by the Salvadoran government in Bitcoin education and certification, and how these initiatives might increase trust in cryptocurrency and boost adoption in the country. Latam […]
Forbes Advisor's cryptocurrency writer and expert, Patrick McGimpsey, started buying bitcoin because he was too young to invest in Australian …
On Monday, BlackRock’s spot Bitcoin exchange-traded fund (ETF) saw its largest single-day inflow in over 35 days. The iShares Bitcoin Trust (IBIT) took in $224 million in net inflows. NEW: 🇺🇸 While others are selling, BlackRock’s #Bitcoin ETF saw $224 in inflows yesterday. Highest in over a month 🚀 pic.twitter.com/sCiSGhKzCp — Bitcoin Magazine (@BitcoinMagazine) August […]
“I believe the government pressure was wrong, and I regret that we were not more outspoken about it,” said the Meta CEO in a letter.
Russia is reportedly gearing up to launch a new crypto-based cross-border payments system in an effort to overcome economic sanctions. Bloomberg reports that the Russian government wants to use digital tokens for cross-border transactions to help ease payment difficulties for its companies that have been affected by international sanctions placed on the country. According to […]
Bouncing off a multi-month low earlier this month, Ethereum retraced for three weeks to retest crucial breakdown support as resistance last weekend. It saw a rejection and now looks set for a drop. Ethereum’s market structure is still looking much more bearish on the short-term trend following a lower low and lower high move from […]
TL;DR Justin Sun’s $1M Pledge: TRON founder Justin Sun has pledged $1 million to a DAO aimed at advocating for the release of Telegram founder Pavel Durov, emphasizing the need for unity within the crypto community. Pavel Durov’s Arrest: Telegram CEO Pavel Durov was detained by French authorities on August 23, 2024, facing charges related […]
TL;DR Tron has raised its energy cap to 120 billion to reduce traffic and transaction costs associated with meme coins, according to an announcement by Justin Sun. Proposal No. 92 aims to lower gas fees and increase daily transactions to over 20 million in the next three months. The price of the TRX token has […]
Bitcoin has repeatedly failed to breach the US$65K mark, indicating a potential resistance level. Santiment analysts observe capital moving from Bitcoin to altcoins, seeking higher yields. Significant drops in Bitcoin open interest suggest traders anticipate a market peak and are selling. Bitfinex notes increased risk appetite and potential interest rate cuts following Powell’s speech. Bitcoin […]
ASI token, merging FET, AGIX, and OCEAN, led AI token rallies with a 60% weekly gain, while NEAR, ICP, and TAO also saw substantial increases. Grayscale’s launch of AI-focused funds has spurred greater interest in AI-related tokens, with a recent trust established for Bittensor. A Grayscale report criticises AI’s centralisation, noting crypto’s potential to address […]
Bitcoin briefly exceeded $65,000 yesterday, but the subsequent rejection pushed it south hard by over two grand, and the asset is well below $63,000 now. This correction has impacted several altcoins even worse, with UNI, LINK, TON, and others losing more than 4% daily. BTC Under $63K The previous business week went mostly sideways for […]
XRP price is attempting a fresh increase from the $0.5785 support zone. The price could gain bullish pace if it clears the $0.60 resistance. XRP price is eyeing a fresh increase from the $0.5785 level. The price is now trading below $0.600 and the 100-hourly Simple Moving Average. There was a break above a connecting […]
One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling.
Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to own 300,000 cryptocurrency mining machines, promising investors a daily return of 0.5%. In reality, the company had no such […]
Layer-1 blockchain The Open Network (TON) is issuing a statement in support of Telegram founder Pavel Durov after his recent arrest in France. TON says on the social media platform that its network will continue to run as usual following Durov’s detention over alleged offenses related to the Telegram messaging app. “As a community committed […]
Research from crypto exchange Bitfinex says that appetite for risk assets is heating up once again. In its latest research report, Bitfinex says that Bitcoin (BTC) is showing a stronger correlation with US equities, indicating a return of risk-on sentiment in crypto. Bitfinex also says that the significant amount of liquidations that occurred during the […]
A Nigerian judge will hear a money laundering case involving the cryptocurrency exchange Binance and two of its executives next week. The hearing was moved to an earlier date following a request by the defense. Originally scheduled for October 11, the court date is now set for September 2, according to the prosecutor. Binance Denies […]
Hong Kong High Court decision provides clarity and is consistent with the principle that new legal entities in the cryptocurrency field must be …
TL;DR Bitcoin bid liquidity has dropped to $62,500 while the price faces difficulties at the Wall Street open. BTC price has hit a low of $63,128, showing signs of short-term weakness and possible corrections. Analysts, including Material Indicators and QCP Capital, warn of downward pressure and a potential “Bart Simpson” maneuver in BTC price. Bitcoin […]
TL;DR Stacks is preparing for the Nakamoto upgrade, which is set to begin this week and promises to revolutionize transaction efficiency on the Bitcoin layer-2 network. The STX token has increased by 68% from its August lows, reaching $1.79 and a market capitalization of $2.64 billion. The upgrade will reduce transaction times from 10 minutes […]
XRP could be on verge of losing important threshold, descending into correction
UNI, the native token of Uniswap, one of the top decentralized exchanges (DEXes), is under immense selling pressure. From the daily chart of the UNIUSDT, the token is down 62% from March highs, though prices have stabilized in the past few trading weeks. To put in the numbers, chart data shows that it is up […]
Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.”