TL;DR Buy the Bitcoin Dip? Analyst Points to RSI and Fear Gauge: Crypto analyst Ali Martinez believes the Relative Strength Index (RSI) can signal opportune times to buy Bitcoin. When the RSI (using a 14-period window) dips below 30, it historically indicates an undervalued BTC. Fear in the Market Adds to the Buying Argument: Martinez […]
Cryptocurrency company Abra and its CEO, William “Bill” Barhydt, settled with 25 state financial regulators in the United States for operating a crypto business without obtaining appropriate licenses. Apparently, it offered crypto trading and investing services without any license. Announced yesterday (Wednesday) by the Conference of State Bank Supervisors (CSBS), the participating states in the […]
CoinStats reveals employee-targeted social engineering attack behind the hack affecting 1.3% of wallets.
The US spot Bitcoin ETFs appear to be slowly recovering as the collective inflows reached $21.52 million on June 26th, continuing with the positive momentum that began on Tuesday. However, BlackRock’s iShares Bitcoin Trust (IBIT) has not reported any new investments for the past four days. This isn’t its highest streak, though, as in April, […]
Unfazed by the market crash, major Bitcoin whales are buying the dip
On June 26th, the US government sent 3,940 Bitcoin to Coinbase Prime, Coinbase’s institutional trading platform. Blockchain analytics firm Arkham Intelligence flagged the transaction. JUST IN: 🇺🇸 US Government sends 3,940 #Bitcoin worth $241 million to Coinbase 👀 pic.twitter.com/m14HpdeJ0s — Bitcoin Magazine (@BitcoinMagazine) June 26, 2024 The transferred Bitcoin was originally confiscated from convicted drug […]
Bitcoin is roughly 20% from all-time highs, and risks are trending lower, breaking from the current consolidation. After peaking in mid-March, bulls are yet to build enough momentum and overcome the roadblock at $72,000. Will Bitcoin Fall To $50,000 Or Worse? Analyst Thinks So While there were temporary gains in early June, the retracement in […]
As Litecoin Falters at $68.40, BlockDAG’s $53.8M Presale Shines Offering Stability Beyond Uniswap’s Bullish Rally Over the past week, the cryptocurrency market witnessed notable shifts, particularly with Litecoin (LTC) experiencing a decline against the US Dollar, dropping from a high near $68.40. Conversely, Uniswap (UNI) displayed bullish behaviour, providing some confidence to investors. However, amidst […]
The majority of the current cryptocurrency market appears to be in a stagnant, bearish phase as of late for unknown reasons.
HodlX Guest Post Submit Your Post The direct integration of cryptocurrency payment methods into social media platforms is poised to revolutionize global finance as we know it. This shift is supported by the substantial user bases and advanced anti-fraud measures on these platforms, promising to democratize access to financially inclusive offerings, especially in developing countries. […]
Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Mr. Zhibing (Tony) Li is the Vice President of Canaan Inc. He recently joined the Bitcoin.com News Podcast to talk about the company’s technology R&D roadmap and […]
The final approval for the trading of spot Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) could come as soon as July 4, Reuters reported, citing “industry executives and other participants.” Although the SEC has yet to confirm anything officially, its talks with asset managers on the spot Ether ETF have […]
Criminals are using deep fakes more than ever, causing $79.1 billion in losses since 2022.
TL;DR Copper expands its services with custody and staking solutions for SUI, aiming to strengthen access and security for institutional and enterprise investors. Founded in 2018, Copper leads in digital custody, handles over $50 billion monthly in trading, and offers staking and DeFi products. The partnership allows Copper to offer an integrated wallet and expand […]
TL;DR Deribit is preparing for a massive expiration of Bitcoin and Ethereum options next Friday, valued at $6.68 billion and $3.5 billion respectively. This event represents over 40% of Deribit’s total open interest and could lead to high volatility in the crypto markets. Deribit has been intensively preparing for the expected impact on BTC and […]
Ethereum spot ETFs will accumulate over $15 billion in net inflows within their first 18 months of hitting the U.S. market, predicted crypto asset manager Bitwise on Wednesday. The firm’s year-and-a-half-long forecast would roughly match the net haul from Bitcoin ETFs ($14.4 billion) since their launch five months ago – from which excitement has helped […]
Back then, you could mine Bitcoin with your personal computer, and the block reward was as big as 50 BTC
Bitcoin-based crypto investments have witnessed another week of outflow in what was an unpleasant week for Bitcoin and other cryptocurrencies. Bitcoin investors, in particular, were disappointed as they watched the price of the world’s biggest asset decline during the week, temporarily falling below $60,000. According to recent inflow data from CoinShares, this correction also flowed […]
ElenoxOne is increasingly being discussed in the realms of cryptocurrency enthusiasts and traders. How does it stack up against the competition?
Celebrity billionaire Mark Cuban has unloaded more than a dozen non-fungible tokens (NFTs) in a matter of days after letting them sit dormant for years. Cuban hawked a total of 14 NFTs over the weekend and on Monday, the most valuable of which is a “Pudgy Penguin” token that sold for nearly $31,000 worth of […]
The recent crash in Dogwifhat (WIF) and Bonk (BONK) has left over 60,000 crypto traders liquidated. With losses mounting, many are now looking for safer, more promising investment options. One such option gaining attention is RCO Finance (RCOF). In this article, we’ll uncover the reason for its market success and the decline in Dogwifhat (WIF) […]
In a significant display of volatility, the Assangedao cryptocurrency token JUSTICE climbed by over 80% on Tuesday, only to fall by 18% the next day. This fluctuation follows the recent release of Wikileaks founder Julian Assange, igniting renewed interest and speculative trading in the token. JUSTICE Token Sees Wild Fluctuations Following Julian Assange’s Release The […]
B2Broker, a technology and liquidity provider, has released an update for its B2Trader Brokerage Platform. The new version, BBP v1.1, introduces BBP Prime functionality, enhanced reporting features, and customizable layouts. Adding Prime Brokerage Capabilities A key addition in BBP v1.1 is the BBP Prime feature. This enables the BBP to act as a prime brokerage […]
Bitcoin attempts to digest news that the U.S. government has joined Germany in selling off a portion of its BTC holdings.
The Cardano network recently faced a distributed denial of service (DDoS) attack, a malicious attempt to disrupt its operations. However, the mechanisms and decentralized structure of Cardano effectively mitigated the attack, ensuring uninterrupted stability and operation. This display of resilience has garnered praise from bullish investors and renewed confidence in the price appreciation prospects of […]
TL;DR PancakeSwap has announced the launch of a prediction market on Arbitrum powered by AI and offering substantial prizes for participants. The platform aims to expand its ecosystem through new functionalities on Arbitrum, with price predictions occurring every 10 minutes. A 9-week campaign will be launched with $60,000 in ARB as prizes. It will feature […]
TL;DR Unstoppable Domains has launched a Marketplace to tokenize and trade “.com” domains and others on the web3 network. Founded in 2018, the platform offers web3 domains, including “.eth”, “.bitcoin”, and “.crypto”, and has now integrated “.com”. The Marketplace facilitates connections with social profiles and digital assets, strengthening online presence and promoting a unified digital […]
Ripple chief executive officer Brad Garlinghouse has slammed Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), for his recent slander about most crypto executives going to jail. Garlinghouse stated in a tweet that Gensler and his approach to crypto regulation would cause U.S. President Joe Biden to lose the upcoming […]
Macro trader and economist Alex Krüger is saying that the macro environment is currently conducive for risk assets such as Bitcoin (BTC), other crypto assets and stocks. In an interview with the chief investment officer of the investment firm Arca, Jeff Dorman, Kruger says, “My outlook for Bitcoin remains very bullish into year-end. And if […]
Rising trust likely has a role to play, as ongoing CiviciscScience tracking of consumer trust in cryptocurrency shows that those who have at least …
In the ever-evolving world of cryptocurrency, meme coins have carved out a unique niche. Shiba Inu (SHIB) has been one of the most notable success stories, attracting a loyal community and achieving substantial market gains. Now, a new contender, Mpeppe (MPEPE), is making headlines as it challenges Shiba Inu (SHIB) for the top spot. This […]