Ripple’s XRP is on a rampage, breaking through a key resistance level of late. The move has analysts eyeing the crypto asset for a potentially big gain, with many, like Bret Hill, suggesting as such. Meanwhile, Pastor Brandon Biggs is doing rounds on social media with his “prophetic” prediction of an “overnight” surge in the […]
A crypto analyst and trader believes that a “monumental breakout” is just around the corner for Bitcoin (BTC). The analyst pseudonymously known as Rekt Capital tells his 82,400 YouTube subscribers that Bitcoin may be about to enter the parabolic phase of the market cycle based on historical precedence. “And when it comes to breaking out […]
A widely followed cryptocurrency analyst and trader is expressing bullish outlook on altcoins. The analyst pseudonymously known as Sherpa tells his 220,000 followers on the social media platform X that altcoins are likely to experience another rally similar to the one that occurred between November of 2023 and March 2024. On when the next altcoin […]
Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture, challenges such as fragmented digital infrastructure and ethical concerns hinder its adoption. Africa’s Agenda 2063 According to the head of an African […]
Crypto community stunned by huge surge in TRON’s trading activity
Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range.
TL;DR Story Protocol has raised $80 million in a Series B round led by A16z Crypto, bringing the total raised to $140 million. The platform aims to tokenize intellectual property and protect creators from exploitation by major tech companies and large language models. Over 200 teams and 20 million IPs are building on Story Protocol, […]
Miami-based Bitcoin startup TMRW has raised $1.3 million in pre-seed Funding to develop its social payments app powered by the Bitcoin Lightning Network. Maple VC led the funding round, and Bitcoin angel investors like Brad Mills joined the round. TMRW aims to leverage the Lightning Network’s speed and low costs to enable cross-border peer-to-peer payments […]
The Base network’s leading memecoin, BRETT, is experiencing a significant rally today, as its market cap soars back over $1 billion. In the last 24 hours, BRETT has surged over 36%, far outpacing most other major cryptocurrencies, which have struggled to post gains of more than 10%. Trading volume for BRETT has also spiked by […]
A publicly listed Bitcoin (BTC) miner from Wall Street, BitFuFu Inc. (NASDAQ: FUFU), has reported a significant increase in crypto mining costs and a sharp decline in net income for the second quarter of 2024, despite strong revenue growth. Bitcoin Miner BitFuFu Reports Surging Costs, Lower Profits in Q2 The company’s cost to mine one […]
The native token of a cross-chain bridge project is in the green after top US crypto exchange Coinbase suddenly announced its trading support. In a new Coinbase announcement, the platform says it is listing cross-chain bridge Across Protocol (ACX) for trading over the Ethereum (ETH) network. “Trading will begin on August 21st, 2024 at or […]
Bitcoin surged by 4% back to $61,550 on Wednesday as speculation grew that Robert F. Kennedy Jr. may soon exit the 2024 U.S. Presidential race to endorse Donald Trump. The news has re-established Trump as a betting favorite to win the November election, which is thought by analysts to have major implications for Bitcoin’s short-term […]
More and more companies in the UAE will look into including cryptocurrencies as part of the salary package in the coming years following the …
The sentiment of crypto investors can shift rapidly, and the latest buzz is around Tron (TRX) investors seeking greener pastures. Despite recent gains, top Tron (TRX) investors are reportedly losing faith in Justin Sun’s vision and are flocking to a new cryptocurrency that is currently priced at $0.001777. This emerging token, Mpeppe (MPEPE), is drawing […]
It’s unclear if the Independent presidential candidate will join forces with Donald Trump, but both are scheduled to speak in the same area on the same day.
Arizona Attorney General Kris Mayes has issued a warning about the rising threat of cryptocurrency scams targeting vulnerable individuals, especially seniors. These scams include fraudulent investment schemes, impersonation of businesses or government entities, and blackmail, exploiting the public’s lack of cryptocurrency knowledge. Mayes urged residents to verify suspicious claims, avoid sharing personal information, and report […]
Proprietary global macro trader Mark Dow has a new warning for Bitcoin bulls
Bitcoin technology is impressive for just how many fundamental problems with money it solves. One advantage of bitcoin that is often touted is that it provides for final settlement of transactions. Final settlement means that, once a transaction is mined and enough subsequent transactions have been mined as well, it would take an infeasible amount […]
Stablecoin issuer Tether (USDT) is announcing new plans to launch a new digital asset pegged to the Dirham (AED), the currency of the United Arab Emirates (UAE). In a new press release, the firm behind USDT says that it will be working closely with the nation’s central bank as well as blue-chip tech companies to […]
A tech billionaire and Democratic donor is reportedly pulling his support for a network of crypto super political action committees (PACs), accusing the organizations of trying to topple an incumbent senator without informing him. Ron Conway, a San Francisco-based angel investor, blasted the crypto super PAC Fairshake and its affiliated organizations for announcing they planned […]
TL;DR Bitfarms acquires Stronghold for $125 million in stock, increasing its mining capacity. The deal includes a 70% premium for Stronghold shareholders and assumes $50 million in debt. The transaction occurs amid a $950 million offer from Riot Platforms and sector challenges due to Bitcoin’s halving. Bitfarms Ltd., a prominent Bitcoin mining firm, has completed […]
TL;DR Aave launches V3 on the Era Mainnet, backed by ZKsync, to enhance liquidity and yield in the Elastic Chain ecosystem. Chainlink will provide secure price feeds for the integration, improving scalability and accuracy. The protocol’s DAO has approved USDC, USDT, WETH, and wstETH as initial assets on Era and will redistribute ZKsync ecosystem airdrops. […]
Bitfarms has expanded its operations in the US with the acquisition of Stronghold Digital Mining in a stock-for-stock merger valued at approximately $125 million. The agreement also includes an additional assumption of $50 million in debt. According to the Bitcoin mining firm, this deal marks a significant milestone in its strategy to expand operations and […]
In a fresh surge, Tron’s price broke out to a multi-year high following a significant increase in demand this week. The price has increased by over 27% in the last 24 hours, and it looks bullish on the weekly chart. TRX bounced off the $0.116 level three weeks ago after witnessing a monthly breakdown at […]
The cryptocurrency market is abuzz with excitement as savvy investors, particularly those holding Ethereum (ETH), turn their attention to a …
Certain tokens stand out due to their explosive growth potential and innovative features. Currently, Aave (AAVE) and Mpeppe (MPEPE) are capturing the attention of investors, with both tokens being predicted to surge by 1000% in the near future. Here’s an in-depth look at what’s driving the bullish sentiment for these two promising assets. Aave (AAVE): […]
Stakers with Lido, Frax, Origin and Mantle can “restake” with the DeFi protocol.
The Brazilian Securities and Exchange Commission (CVM) has greenlighted a second Solana exchange-traded fund (ETF) weeks after it approved its first one on August 8. According to the CVM’s central database, the product will be launched by Hashdex, an asset manager based in Brazil, in collaboration with the local investment bank BTG Pactual. Brazil’s Second […]
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to mining alephium (ALPH) and kaspa (KAS). These two digital currencies currently offer the highest profitability for miners, according to the latest […]
XPR can reach fundamental price threshold, Here’s why
An unknown entity has printed incredible gains with a recently launched memecoin on the TRON network. Blockchain “de-anonymizing” platform Arkham says that one of the earliest investors of dog-themed altcoin SUNDOG made roughly 1,183,331% in just six days on a $1,690 investment. “This trader turned $1.69K of SUNDOG into $20 MILLION in 6 days TT4S5 […]
The Democratic Party has entirely ignored cryptocurrency in its official policy platform, which was released yesterday to coincide with the start of the party’s convention. By contrast with the Democrats, the Republican Party platform released earlier this year mentioned crypto several times and outlined numerous pro-crypto policy initiatives. New rumours are flying around the Harris […]