JPMorgan Chase just issued a major warning to its 86 million customers. The banking giant says a list of new regulations moving through Washington, D.C. will force the company to begin charging customers for checking accounts, reports the Wall Street Journal. The bank cites proposed regulations from the Consumer Financial Protection Bureau and the Federal […]
A widely followed crypto analyst says that he’s identified when Bitcoin (BTC) could reach its cycle high if history were to repeat itself. In a new strategy session, crypto trader Rekt Capital tells his 481,200 followers on the social media platform X that the top crypto asset by market cap tends to peak 518-546 days […]
TL;DR Mt. Gox Repays Creditors After Decade: Mt. Gox, the infamous cryptocurrency exchange that collapsed in 2014, has finally started repaying its creditors after a long wait. Eligible creditors will receive their funds in Bitcoin and Bitcoin Cash through designated crypto exchanges. Market Jittery About Repayments: The repayments have caused some jitters in the crypto […]
TL;DR Schiff’s Warning: Peter Schiff, known for his skepticism towards Bitcoin, warns that the bear market is not over, predicting further losses for Bitcoin ETF investors. Market Reactions: His comments have sparked debate, with some suggesting his predictions may be inversely correlated with actual market outcomes. Investment Risks: Schiff highlights the high risks associated with […]
The German government transferred over 2,000 BTC to exchanges, intensifying market sell pressure. MP Joana Cotar advocates for the government to retain Bitcoin, enhancing national financial strategy. Cotar leads the “Bitcoin in the Bundestag” initiative, promoting legislative understanding and support for Bitcoin. As Bitcoin dips, many look to the reasons why. The Mt. Gox creditor […]
Ran Neuner acknowledges significant selling pressure but isn’t worried, citing no fundamental changes or catastrophic events affecting Bitcoin. He highlights past market cycles where drawdowns were much larger, suggesting the current dip doesn’t signal an end to the bull market. Neuner notes that accumulating short positions could lead to a short squeeze, potentially driving Bitcoin […]
The cryptocurrency market is currently witnessing a significant shift in sentiment concerning two top altcoins – Cardano and Tezos, as they have slumped almost a staggering 100% from their respective all-time highs. Meanwhile, the debut meme coin with unbeatable growth potential and interesting utility, Raboo ($RABT) is attracting investors with its cutting-edge technology that could […]
Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground. Buzarquis stated these unnamed officials collected up to $500,000 in bribes monthly and called for the resignation or interrogation of ANDE’s President Felix Sosa on this matter. Senator States National […]
Those who made bullish bets on Bitcoin, Ethereum, and other cryptocurrencies have taken a severe beating
GTA VI, that is slated to be released in 2025, may use cryptocurrency as a payment type for in-game purchases, if reports are to be believed.
Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans.
Macro guru and Real Vision CEO Raoul Pal says that the total crypto market cap is primed to skyrocket to a staggering $100 trillion. In a new interview on the Blockworks Macro YouTube channel, the former Goldman Sachs executive says that if the digital assets industry continues on with the same rate of growth, its […]
With almost $180 million in SOL tokens moved to cryptocurrency exchange Coinbase, Solana, the fast-moving blockchain network, has become entangled in whale activity. Investors feel chilly from this large fund movement, which begs the question of where the price of the currency will go in the future. Whales Making Waves The transfers, identified by blockchain […]
[PRESS RELEASE – Tokyo, Japan, July 5th, 2024] $DOP, the token of the Data Ownership Protocol (DOP) will be available for trading in 7 major cryptocurrency exchanges such as Bybit, Kucoin, HTX, Bitfinex, Gate.io, MEXC, and WhiteBIT, starting July 5th, 2024. The Data Ownership Protocol clarified that on Bybit, the token will be listed as […]
TL;DR Notcoin Explore Launch: Notcoin, a major player in Telegram-based gaming, has introduced Notcoin Explore—a platform designed to accelerate Web3 project growth. Challenges and Trends: Despite its promise, Notcoin faces challenges. Its market value dropped by over 35% in the past week due to increased competition from newcomers like Hamster Kombat, Tapswap, Blum, and Dotcoin. […]
TL;DR The crypto market has experienced a wave of forced selling after the liquidation of more than $920 million in long positions over the past three days. The situation is exacerbated by the financial pressure on Bitcoin miners and the sale of BTC by the German government, as well as the reimbursement to creditors of […]
Khamzat Chimaev introduced a memecoin called SMASH, which dropped 95% after being hyped. Analysis revealed that Chimaev’s team controlled over 71% of SMASH through insider wallets. This event reflects a broader trend of celebrity-endorsed cryptocurrencies crashing after initial hype. It all started with a now deleted post to his followers on social platform X. UFC […]
Mt. Gox has begun distributing Bitcoin and Bitcoin Cash to its creditors. Payments follow a 10-year delay due to the 2014 hack, with some still having to wait up to 90 days. The repayments caused widespread fear and a sell-off with BTC dropping, but analysts say it’s a buying opportunity. And it begins – now […]
One Solana-based (SOL) meme asset is defying market doldrums and rallying after being listed on numerous crypto exchange platforms. New data reveals that Billy (BILLY), a dog-themed memecoin built over Solana, has jumped over 30% during the last 24 hours after multiple crypto exchange platforms added support for it. The crypto exchange platforms that listed […]
One widely followed crypto analyst is turning bullish on decentralized oracle network Chainlink (LINK) after a massive correction. Crypto trader Michaël van de Poppe tells his 722,800 followers on the social media platform X that based on a historical pattern, Chainlink could enter an uptrend against Bitcoin (LINK/BTC) to end the year. “LINK has been […]
BlockDAG Leaderboard Screen Excites Whales, Records $56.1M Presale – INJ Price Prediction & OP News Left In Dust Optimism (OP) faces a potential price drop with an upcoming token unlock, while Injective (INJ) is under bullish predictions of reaching $400. But these movements haven’t left a significant mark as BlockDAG comes up with its gamified […]
The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the U.S. dollar, for local transactions. If finally approved, the document would establish harsh penalties for infringement, including jail time for up to ten years and hefty fines. Zambia to Punish Illegal Use of […]
Justin Sun plans to buy Germany’s Bitcoin stash
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Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it.
In a tumultuous day for cryptocurrencies, the price of XRP plummeted to a low of $0.38249 on Bitstamp, reflecting a broader downtrend affecting the altcoin market. With a notable 12.4% decrease in the last 24 hours, XRP is facing crucial support. Despite this substantial decline, Dark Defender (@DefendDark), a noted crypto analyst on X, continues […]
[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, July 5th, 2024] GoMining, a premier Bitcoin mining operator redefining the industry’s accessibility through their innovative NFTs, each backed with a real share of BTC hashrate, has revealed the upcoming listing of the GOMINING token on the HTX crypto exchange. GOMINING, the utility token of the […]
Introduction As it moves into the active appeal stage at the Tenth Circuit, the ongoing legal battle between Custodia Bank and the Federal Reserve has garnered significant attention, especially given the involvement of various amicus briefs. A total of seven briefs were filed on July 3rd, the last day for supporting, or neutral, briefs to […]
TL;DR The Crypto Fear & Greed Index has hit its lowest level since early 2023, marking 29 points and reflecting extreme fear among investors. Massive sales of seized BTC by governments and Mt. Gox refunds have led to an oversupply, causing a significant decline in prices. Despite the downturn, analysts like Markus Thielen suggest that […]
Controversial Tron founder, Justin Sun, has made a bold offer to protect retail investors and purchase the remaining $2.3 billion in Bitcoin seized by the German government, which it is currently preparing to sell on the open market. This comes after Germany moved $75 million worth of Bitcoin to exchanges, causing a significant market drop. […]
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price dropped amid these developments and other market activities. Mt. Gox Begins […]
Surprisingly, things have gotten even worse than they were