The first digital debt offering registered in El Salvador has reportedly failed to gather the necessary interest to continue. The issuance, intermediated by Bitfinex Securities to build a Hilton hotel at El Salvador International Airport, raised $342,000 from interested investors, less than the $500,000 needed to continue before the first established deadline. Bitfinex Securities stated […]
The US national debt is rising at a blistering pace. New data from the Treasury Department shows the nation’s outstanding debt jumped from $33.990 trillion on January 2nd of this year to $34.866 trillion on July 2nd. That’s an increase of over $876 billion in a matter of six months. The US government’s surging debt […]
The U.S. Department of Justice says a former bank manager has admitted to stealing over a quarter million dollars from customers to fund his own spending habits. The DOJ says 53-year-old Eric Jason Schouest of Plaquemine, Louisiana, has pleaded guilty to embezzlement and bank fraud. Prosecutors say Schouest admitted to using his power as a […]
Bitcoin evangelist Michael Saylor made bullish statement as BTC began to recover from Friday dip
The cryptocurrency market is notably volatile. That can lead to some staggering drops in value, but it can also produce some amazing returns in a …
Adopting any technology is based on the strength of its community, and Solana has proven that with its African community.
The Bitcoin market is experiencing a wave of uncertainty as a recent analysis by CryptoQuant reveals a significant shift in investor behavior. Roughly $2.4 billion worth of Bitcoin, likely acquired by investors this year, has moved within the network, sparking debate about the reasons behind the exodus. Short-Term Jitters Drive Sell-Off Experts believe these outflows […]
A report from DappRadar has shed light on the past quarter of DeFi activity, demonstrating Web3’s continued push toward the mainstream. The sector recorded its highest-ever number of unique active wallets in Q2 2024, demonstrating a 40% increase. Additionally, NFTs enjoyed their best quarter of sales since Q1 2023. Ethereum is still the king of […]
Prominent crypto analytics firm Santiment is unveiling a list of large-cap altcoins that may see short-term rallies following last week’s correction. The crypto insights firm says on the social media platform X that the Market Value to Realized Value (MVRV) metric of seven altcoins has dropped to negative territory. The MVRV is the ratio of […]
Notcoin’s bearish structure appeared to be shifting slowly following an impressive breakout of a vital resistance line. This jerked up demand and is now looking bullish with more than 45% gains in the past 24 hours. A few weeks after the launch on major exchanges in May, which led to a rise in the demand […]
Germany has divested 1,400 bitcoin from its government reserves, reducing the total from 41,226 BTC to 39,826 BTC. Meanwhile, bitcoin has declined 1.7% against the U.S. dollar over the past 24 hours, hovering just above the $57,000 mark. Germany Reduces Bitcoin Holdings to 39,826 Bitcoin This weekend, the German government’s wallet transferred another 1,400 BTC, […]
TL;DR Bitcoin experienced a significant correction, dropping below $54,000. While some see this as a potential end to the bull market, others believe it’s a normal part of Bitcoin’s growth and advise holding steady. Many analysts predict a future rally based on historical patterns and the recent halving, although a few suggest the bull run […]
Shiba Inu’s 15% rebound has caught attention of crypto community
Hamster Kombat, a new play-to-earn (P2E) game available on Telegram, has captured the attention of the global gaming and cryptocurrency …
The Central Bank of the Republic of China mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds.
The XRP community is abuzz with excitement after a whale, a major investor, acquired a hefty 30 million XRP tokens. This significant purchase coincided with a price uptick for the altcoin, which clawed its way back from a recent slump. While some analysts see this whale activity as a bullish signal and predict a surge […]
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay raises bitcoin mining power fees, Bolivia talks about the utility of stablecoins as dollar alternatives, and Kavak tokenizes debt in Brazil. Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping […]
Miner Buzz: BlockDAG Leads with $3.5M Miner Sales, Leaving Fetch.ai (FET) Price and XRP Trading Capacity in the Dust While rumours of possible alliances and mergers abound in the competitive world of cryptocurrencies, Fetch.ai (FET) remains steadfast and distinct in AI-powered blockchain arenas. Meanwhile, XRP faces a downward spiral amid legal battles and market pressures, […]
Has rate of Ethereum (ETH) found local bottom so far?
The new spot Bitcoin ETFs approved in January will usher in a new and easier way for institutional investors to invest in the cryptocurrency. Many …
BTC price action takes a break from endless downside to revisit $58,500, but Bitcoin bulls struggle to hold higher ground.
Bitcoin’s price has stagnated since its March peak due to tight U.S. monetary policy, which has reduced stablecoin supply, according to CryptoQuant analysts. “The reason for Bitcoin’s inability to rally further is fundamentally due to the tightening monetary policy in the U.S. since March 2022,” they reported on July 3. As a result, the overall […]
The price of Bitcoin has increased by 6% since it crossed into the $53,000 price territory on July 5. However, while the cryptocurrency is now exhibiting short-term bullishness, it is important to note that it is not out of the woods yet. There are still some serious resistance levels that could keep BTC trapped in […]
Robinhood Markets Inc. is moving forward with its acquisition of Bitstamp Ltd., a global cryptocurrency exchange. As part of this process, Robinhood Crypto LLC has submitted a change of control application to the New York Department of Financial Services (NYDFS), which announced it received the application on July 3, 2024. This is one of several […]
The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code.
A closely followed crypto analyst is issuing a warning, saying that one popular altcoin could be due for a significant correction. Crypto trader Ali Martinez tells his 66,600 followers on the social media platform X that decentralized oracle provider Chainlink (LINK) could see a massive dip in price after failing to maintain a key support […]
If you are looking for a simple and efficient way to transfer your cryptocurrencies between different blockchains, Stargate Finance is perhaps what you are looking for. If you are familiar with the use and transfer of digital assets, you will know that it is not possible to send a token or cryptocurrency from one blockchain […]
Can next week become bullish for Toncoin (TON)?
99Bitcoins, a Learn-to-Earn cryptocurrency, serves as the ultimate learning tool for those interested in cryptocurrency. Unlike traditional models …
BlockDAG Steals the Spotlight: Outshining Sealana’s Exchange Buzz with Sheer Innovation In the bustling crypto landscape, new players like BlockDAG (BDAG) and Sealana (SEAL) are making waves with their initial market impacts and presale performances. However, despite the buzz around Sealana’s recent listings on exchanges, BlockDAG steals the spotlight with its revolutionary technology and surging […]
TL;DR Ondo is the largest coin in the Real-World Assets (RWA) sector, with a current price around $1 and a market cap of $1.4 billion. It debuted in January and reached an all-time high of nearly $1.50 in June. The niche recently dipped from nearly $9 billion to approximately $6 billion due to the broader […]
Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision Group, has predicted that the global crypto market will reach a market capitalization of $100 trillion. The financial expert has maintained a strong bullish position for the future of the industry, outlining several reasons why he believes the market will jump 44X from […]