Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining companies is part of the government’s strategy, which seeks to rebuild its industry in three years as part of […]

Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the foreseeable future?

A closely followed analyst says one altcoin flying under the radar may be trading well below its fair value. Pseudonymous analyst Inmortal tells his 214,300 followers on the social media platform X that he’s long-term bullish on Mythos (MYTH). Mythos is a multi-chain ecosystem that aims to democratize gaming for creators and players. According to […]

An analyst known for making contrarian crypto calls thinks that Bitcoin (BTC) is days away from igniting a big burst to the upside. Pseudonymous analyst Credible tells his 396,100 followers on the social media platform X that Bitcoin is likely due for one last leg down before a huge breakout. The crypto trader says BTC […]

The recent meltdown has put Arbitrum ARB in a more bearish condition as it lost a key level. While providing a discount for a long-term buy, it has found support and now decides on where next to head on a daily scale. After witnessing a short bounce, ARB saw a rejection at $1.28 earlier last […]

Amid painful liquidations, largest meme coins plummeting, with WSB cryptos posting double-digit losses

Binance, the world’s leading digital asset exchange, has reached 200 million users. This milestone comes alongside another notable achievement this year: the platform now holds $100 billion in user assets under custody. Binance Achieves Milestone of 200 Million Users The 200 million user mark represents a substantial portion of the global cryptocurrency user base, with […]

[PRESS RELEASE – Monaco City, Monaco, June 10th, 2024] Memereum, a groundbreaking Binance Smart Chain token, is excited to highlight the success of its ongoing presale for its innovative services. Memereum is designed to offer the first blockchain-based insurance, positioning itself as a potential next 100x crypto investment opportunity due to its robust technology backbone. […]

Cryptocurrency fever is sweeping South Africa, luring fans to explore the exciting realm of virtual currencies. Let's talk about the specifics of …

In an analysis, Moataz “Eljaboom” Elsayed, a crypto analyst and Forbes 40 under 40 nominee, has forecasted a significant surge in the value of Shiba Inu (SHIB). According to Elsayed, the meme-based cryptocurrency is poised for a potential increase that could see its value reach $0.00024, marking an unprecedented 1,105% gain from its current levels. […]

Bitcoin’s price stands at $69,352, within a 24-hour intraday range of $69,213 to $69,840. The leading crypto asset’s market capitalization is $1.36 trillion, with a 24-hour trade volume of $14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation with minor fluctuations. The price hit a high of $69,840 before retracting […]

Ahmad Shadid, one of the founders of io.net, left “effective immediately” but said it wasn’t related to allegations regarding his past.

Economist Henrik Zeberg says that the altcoin market is setting up for a parabolic run to new highs before the global economy witnesses a recession. Zeberg tells his 143,000 followers on the social media platform X that he’s looking at the TOTAL-ETH-BTC chart, which measures the entire market cap of crypto assets besides Bitcoin (BTC) […]

Former President, and current Republican candidate, Donald Trump has sought to position himself as the “crypto president” for his 2024 election campaign.  Trump dubbed himself an industry champion at a San Francisco fundraiser attended by prominent tech and crypto leaders, raising $12 million for his campaign. Famous braggart, convicted felon, former US President and current […]

RektCapital observed Bitcoin converting a major resistance area into a new robust support level, marking a significant technical achievement. Bitcoin has formed a Re-accumulation Range resembling a Bull Flag pattern, indicating potential for continued upward price movement. Despite a mixed US employment report and strong dollar potential, upcoming CPI data could propel Bitcoin to new […]

Polkadot DOT faced resistance this week and posted a double-digit loss following a crackdown across the crypto space. This brought the price back to last month’s low, invalidating its recent bullish build-up. DOT halted its bullish continuation this week after failing to sustain buying above the $7.3 level, which is now held as resistance on […]

Is price of Bitcoin (BTC) ready for blast?

The cryptocurrency market has been on a remarkable rise since the beginning of 2024, fueled by several factors such as the approval of a spot Bitcoin ETF by the SEC, Bitcoin halving that happened recently in April, the increased institutional interest and demand, and the innovation and adoption of various blockchain projects and platforms. The […]

Bitcoin’s dull price actions over the weekend were briefly interrupted with a minor increase toward $70,000 but the asset was stopped in its tracks and has returned to a familiar ground. Most altcoins are also quite sluggish today, aside from BNB, NEAR, FIL, FET, and a few others, which have recorded notable price drops. BTC […]

Seven out of 10 cryptocurrency exchanges in Korea fail to return investors' money when they shut down or suspend operations, according to …

The decentralized social network Friend.tech has unveiled plans to move from Coinbase’s Layer 2 blockchain Base to its proprietary network, Friendchain. This development will come as part of the platform’s collaboration with Conduit, a crypto infrastructure service provider. When Will The New Friend.tech Blockchain Launch? In a June 8th post on X, web3 social platform […]

Known lifestyle influencer and former kickboxer Andrew Tate has burned TOPG tokens valued at over $10 million after announcing it on social media. Tate received over 580 million TOPG tokens as a donation from an unnamed party, and announced that he would burn it so “everyone else makes money.” After burning the tokens, Tate celebrated […]

The cross-chain bridge was exploited for $82 million over New Year’s Eve, with the funds sitting dormant since Jan. 1.

Bloomberg ETF analyst, James Seyffart, says he believes the SEC’s decision to approve the Ethereum ETFs was politically motivated and lacked transparency. The analyst says the SEC intentionally used a decision making process called delegated authority in an attempt to limit public knowledge of the decision-making process.  Seyffart called on members of the public to […]

Despite high hopes, the US has yet to cut interest rates in 2024, while Canada and the EU have already initiated reductions. Arthur Hayes views the pre-emptive rate cuts by the ECB and Canada as a signal for a quicker global shift towards more accommodative monetary policies. Hayes advocates for investing in Bitcoin and high-conviction […]

Tech billionaire Elon Musk has stirred crypto community’s excitement with his new tweet, particularly of DOGE and XRP fans

Rencom Network ($RNT) made waves today as its value skyrocketed by an astonishing 200%, reclaiming a market cap exceeding $1 million. This surge in value caught the attention of investors and traders alike, highlighting the potential for significant gains within the crypto market. According to data from Lookonchain, a trader ventured into the world of […]

Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the …

The Chainlink (LINK) market is abuzz with chatter after a popular cryptocurrency analyst issued a bearish forecast. In a recent analysis, CryptoWzrd predicted a continued downward trend for LINK in the coming days, but also hinted at a potential “scalping” opportunity for nimble traders. Scalping refers to a high-frequency trading strategy where investors capitalize on […]

Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months.

Bitcoin’s price has been having difficulty approaching its all-time high of $75K and is still consolidating. On Friday, the cryptocurrency tanked below $70K, and if the current level supporting the price breaks down, an even deeper correction could be expected. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been […]

The African Development Bank (ADB) and Intel have announced a significant partnership to train three million Africans and 30,000 government officials in advanced artificial intelligence (AI) skills. According to the ADB, this training is expected to revolutionize the African digital ecosystem and contribute to economic growth. The program will tackle socio-economic challenges and enhance productivity […]