Fidelity Investments’ global macro director Jurrien Timmer says that for Bitcoin (BTC) to hit fresh all-time highs (ATHs) one key event must occur. Timmer tells his 186,600 followers on the social media platform X that Bitcoin adoption may need to increase before the crypto king can print new ATHs. “The growth of Bitcoin’s network has […]
A widely followed trader and analyst is updating his outlook on a medium-cap crypto asset that has skyrocketed by quadruple-digit percentage points since January. The trader pseudonymously known as Altcoin Sherpa tells his 217,100 followers on the social media platform X that the utility token of Ondo Finance (ONDO), a crypto project focused on the […]
U.S. presidential candidate and former 45th President Donald Trump has been proposing the idea of eliminating the country’s income tax and substituting it with tariffs. Trump Discusses Tariff-Based Revenue System With Republican Lawmakers On June 13, Donald Trump met with Republican lawmakers in Washington and reportedly discussed abolishing income tax. According to sources from several […]
Miners are selling their bitcoin again as the cryptocurrency struggles to hold on to $70,000. Published Thu, Jun 13 202412:41 PM EDT Updated …
Polkadot (DOT), the self-proclaimed “King of Interoperability” and once a darling of 2021’s bull run, is currently trading around $6.42, a far cry from its November 2021 peak of nearly $60. A flicker of optimism about DOT remains despite the general bearish outlook, as technical analysis points to a potential price turnaround in the horizon. […]
Ethereum has continued to face challenges staying above the $4,000 mark, mirroring the lack of momentum in the broader market. While the investors await for a rally, data suggest a surge in demand for the world’s largest altcoin. Permanent Ethereum Holders Bought Big According to CryptoQuant head of research Julio Moreno’s recent findings, Ethereum’s demand […]
MicroStrategy, led by CEO Michael Saylor, has increased the size of its planned stock sale to raise additional funds to purchase Bitcoin. The company is now seeking to raise $700 million, up from the previously announced $500 million. BREAKING: MicroStrategy increased its raise to $700 million to buy more #Bitcoin pic.twitter.com/B2I2uk98Ie — Bitcoin Magazine (@BitcoinMagazine) […]
The new NiceHash firmware will combine the advantages of two products.
Peter Schiff has slammed Michael Saylor over his aggressive leveraged Bitcoin buying
TL;DR Michael Saylor presents “21 Rules of HODLing Bitcoin” at the BTC Prague conference. Luke Broyles expands and complements Saylor’s rules with his own insights into Bitcoin. Both highlight the importance of strategic investment, respect for Bitcoin, and positive promotion of the cryptocurrency. At the recent BTC Prague conference, Michael Saylor, CEO of MicroStrategy, captured […]
TL;DR NiceHash and Marathon Digital Holdings collaborate to launch a custom firmware designed to optimize Bitcoin ASIC miners. The firmware includes features such as auto-tuning, customizable cooling profiles, and thermal protection, promising to enhance ASIC device efficiency. Available through platforms like ASIC Manager and Foreman, the firmware offers a fee of 2%, reduced to 1.4% […]
Blockchain technology is poised to reshape the financial world, and Ripple is at the forefront of this transformation, with its XRP Ledger pushing the boundaries of what’s possible. Amid the vibrant energy of the XRP Ledger Apex 2024, an exclusive interview with Markus Infanger, VP of Product at Ripple, shed light on the company’s pioneering […]
Cryptocurrency analyst and trader Ali Martinez is expressing bullish sentiment on one smart contract-enabled blockchain while updating his outlook on Bitcoin (BTC) and Lido DAO (LDO). Martinez tells his 63,900 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator is flashing an opportunity for a long entry on the four-hour […]
A widely followed crypto analyst believes Bitcoin (BTC) remains in a historic consolidation phase and predicts a massive breakout within months. Pseudonymous crypto trader Rekt Capital tells his 476,600 followers on the social media platform X that Bitcoin’s consolidation phase could last another three months based on historic precedent. “Bitcoin has been consolidating inside this […]
The price of $CRV plummeted by up to 34% within three hours following the news that Curve Finance founder Michael Egorov had been liquidated. On-chain data reveals several critical points about the situation. The $CRV price dropped up to 34% (3H) after the news of the #Curvefi founder (Michale Egorov) being liquidated broke out! Here […]
Thailand's SEC has taken action against cryptocurrency exchange Zipmex, revoking its operating licenses after months of regulatory scrutiny.
Despite the dominant bearish trend in the market, the well-known meme-based cryptocurrency Dogecoin (DOGE) is making an effort to recover. This unanticipated upward trend occurs even though sentiment and general market conditions are still primarily negative. Traders and investors are keeping a careful eye on the situation as DOGE attempts to make up some lost […]
The meme coin market is in a tailspin, with prices crashing across the board. However, one project is bucking the trend. PlayDoge (PLAY), the nostalgic gaming token, has now raised over $4.2 million in its ongoing presale as retail investors pile in. Meme Coin Mania Cools as Market Turns Red It’s been a gloomy week […]
As Bitcoin is increasingly integrated into the economy, investors are recognizing the importance of scalability. Bitcoin investors are particularly interested in the potential of this digital asset to transform not only retail establishments and personal finances but also the goings-on of large institutions. From the financial to technology sector, Bitcoin is a novel domain that […]
Greenpeace alleges that Wall Street titans such as BlackRock and Vanguard contribute to the environmental harm coming from Bitcoin mining.
Pav Hundal and Ted Coaldrake from Swyftx sat down for their Tapping Into Crypto podcast to discuss the current state of the market. Bitcoin has fallen 5% over the past week, with volatility due to changing cash rates and increased liquidity a potential catalyst. Altcoins have had a mediocre 2024 to date, with all but […]
GPU-as-a-service provider, Aethir, is leveraging the Ethereum network to offer its product to a variety of potential users. The company plans to aid artificial intelligence developers by allowing them to use idle GPU resources from participants. This is a form of decentralised physical infrastructure (DePIN), which is playing a major role in blockchain’s evolution into […]
TL;DR The cryptocurrency market has seen significant volatility, with major assets experiencing price drops, but one Solana-based meme coin surged by 10% daily. Its rally is likely linked to Coinbase’s decision to allow certain trading services with it. Flashing Green Amid the Overall Correction The cryptocurrency market experienced a severe decline in the past few […]
Bitcoin (BTC) eyes rebirth on new US economic data release
The world’s largest corporate Bitcoin (BTC) owner wants to raise funds to further bolster its crypto holdings. In a new statement, Microstrategy says it is planning to offer $500 million worth of convertible senior notes in a private offering. Convertible senior notes are a type of bond that allows investors to hold until maturity or […]
Today (Friday), Nigeria dropped tax evasion charges against two Binance executives following the appointment of a local representative by the crypto exchange to handle legal proceedings. Tigran Gambaryan, a US citizen and Head of Financial Crimes Compliance, and Nadeem Anjarwalla, a British-Kenyan Regional Manager for Africa, had both denied the charges. Binance Awaits Court Decision […]
TL;DR MicroStrategy increases its convertible note offering from $500 million to $700 million. The notes will be offered with an annual interest rate of 2.25% and will mature in 2032. The company plans to use the funds raised to acquire more Bitcoin and for other general corporate purposes. MicroStrategy, the company known for its innovative […]
Announcing the launch of MorphWallet, a revolutionary new cryptocurrency wallet designed to provide unparalleled security, convenience, and …
Crypto analyst TechDev has provided insights into the Bitcoin future trajectory. The analyst suggested that the flagship crypto has yet to reach its full potential in this market cycle and that more price surges lie ahead for the crypto token. Not Yet Time For A Bitcoin Blowoff Top TechDev remarked in an X (formerly Twitter) […]
The supply of Bitcoin on exchanges has plummeted to its lowest level since December 2021, with only around 942,000 coins available. In contrast, Ethereum and Tether are seeing increased inflows. Historically, the limited supply of Bitcoin available for sale reduces the overall drop-off risk for the entire cryptocurrency market. Bitcoin's supply on exchanges has now […]
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline on Thursday, with $226.21 million in outflows recorded during the trading sessions. Fidelity’s FBTC saw the largest outflows, with $106 million exiting the fund. Massive Outflows Strike U.S. Bitcoin ETFs On Wednesday, the 11 spot bitcoin ETFs attracted $100.8 million, but on Thursday, they faced net […]
What’s modularity anyway? Modularity is the result of a curious experiment playing out in Ethereum as a reaction to the poor scaling properties of blockchains. To address this bottleneck, developers have taken the radical approach of auctioning off core functions of the main chain to… other blockchains. Centered around rollup technology, this modular transformation has […]