Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group of tokens has witnessed persistent success regardless of the current market backdrop: memecoins. Known […]
A layer-1 blockchain passed the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) to become the top crypto gaming project in terms of development activity, according to the analytics platform Santiment. Santiment notes that MultiversX (EGLD), formerly known as Elrond, registered 236.93 notable GitHub events, compared to 150.4 events for Decentraland. The non-fungible token (NFT) layer-2 […]
Core Scientific, a top player in North America’s digital infrastructure industry, has announced a strategic partnership involving a series of long-term contracts extending over 12 years with CoreWeave, an AI Hyperscaler. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing (HPC) operations. Core Scientific Ventures into AI […]
Cardano’s ADA price pump triggers 180% surge in volume: Is FOMO in?
BlockDAG Surges 1000% and Toncoin Climbs 237%, While GameStop Rises 70%: Reasons Behind the Recent Crypto Market Rally With the Toncoin and Gamestop having their turbulence, BlockDAG has firmly placed itself at the forefront of the crypto scene, achieving a spectacular 1000% increase in price. While GameStop’s meme-coin surged 250% thanks to the famed “Roaring […]
Exploring Kenya's Evolving Approach to Cryptocurrency Regulation The Kenyan government's recent move to engage with Marathon Digital Holdings, …
According to a report by data analytics company IntoTheBlock, the volume of high-risk loans on the prominent Aave Protocol is reaching high levels as general loan volume in the DeFi space records multi-year highs. This development is believed to stem from investors exploring various investment strategies in a bid to maximize profits in a highly […]
GameStop trader Roaring Kitty sees his GME stake rise to $1 billion, Bitcoin open interest spikes and new U.S. laws target digital assets.
BitMEX co-founder Arthur Hayes says that a shift in policy from the central banks is about to boost crypto assets into a new bullish phase. In a new essay, Hayes, now the CIO of crypto investment fund Maelstrom, notes that both the Bank of Canada (BOC) and the European Central Bank (ECB) have decided to […]
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations in the U.S., highlighting the SEC’s shift towards pragmatism after losing court battles. XRP ETFs Likely Approved Next Year, Ripple’s CEO Says Ripple CEO Brad […]
As it keeps happening during the past several weekends, bitcoin’s price action is quite dull and the asset has failed to make a big move out of its $69,300 position. The landscape with the altcoins is quite different, though, as many of them are in the red on a daily and even on a weekly […]
This increase in optimistic sentiment demonstrates increased confidence among market players in Bitcoin’s near-term prospects
The 200 million user mark represents over a third of all cryptocurrency holders worldwide.
A crypto marketplace backed by the owners of the New York Stock Exchange (NYSE) is reportedly mulling over the possibility of a sale. According to a new report by Bloomberg, anonymous sources familiar with the matter say that crypto firm Bakkt has been working with a financial advisor to contemplate its future options, including the […]
Former president Donald Trump continues to bill himself as the crypto-friendly candidate in a bid to secure donations from the digital asset sector. Trevor Traina, a tech executive, tells Reuters that Trump said “he would be the crypto president” at a recent San Francisco fundraiser. Traina previously served as the US ambassador to Austria during […]
Through the first five months of 2024, Solana (CRYPTO: SOL) has more than kept pace with both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Crypto analyst Lark Davis recently predicted that this bull run could be more massive than most people imagine. He outlined why this market cycle could stand out from previous ones. Why This Bull Run Will Be “Face Melting” Davis mentioned in an X (formerly Twitter) post that crypto market participants are about to witness a […]
Investors Rally to BlockDAG for 30,000x ROI Following Stellar Keynote 2; Shift Away from BLASTUP’s Upcoming Launch With the BLASTUP launch coming up, BlockDAG’s recent Moon Keynote has lit a fire under its presale efforts, amassing an impressive $46.8 million from the sale of over 11.1 billion BDAG coins. This groundbreaking event has placed BlockDAG […]
Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this bullish outlook for bitcoin. Trump’s administration is seen as fostering a supportive regulatory environment, […]
Decentralized social media platform Friend.tech has announced it will be teaming up with Conduit to develop its own blockchain, Friendchain.
The CEO of digital asset custodian BitGo, Mike Belshe, believes Bitcoin (BTC) could rally by up to 94% over the next six months. Belshe says in a new Kitco News interview that Bitcoin “will be somewhere around $125,000 to $135,000″ by the end of this year. Bitcoin is trading at $69,470 at time of writing. […]
[PRESS RELEASE – Dover, DE, USA, June 8th, 2024] The cryptocurrency world welcomes a new and exciting project, ScroogeToken, an innovative token that aims to offer rewards and investment potential. Inspired by the iconic character Scrooge McDuck from Disney, ScroogeToken is designed to offer a unique and efficient user experience. ScroogeToken offers a unique feature […]
Bitcoin’s price holding above $70,000 triggers scrutiny from Adam Back, closely linked to Satoshi Nakamoto
The DOJ alleges that Guan was involved in an international scheme to launder around $67 million of illicit funds using cryptocurrency. The Scam.
Cardano (ADA), the smart contracts platform aiming to dethrone Ethereum, is facing a balancing act. While the token has seen a recent price increase, a potential exodus by major investors casts a shadow of doubt. Will Whales Drag ADA Down? On-chain data reveals a cause for concern for Cardano bulls. Addresses holding a significant amount […]
A group of economically-aligned nations say they’re building an “independent payments system” in a move away from the US dollar. At the SPIEF 2024 Conference in Saint Petersburg, Russian President Vladimir Putin said work is underway on a system designed to safeguard the sovereignty of national currencies. “Within BRICS, we’re working on shaping an independent […]
Former U.S. President and presidential candidate Donald Trump has pledged to become “the crypto president” if re-elected. He vowed to terminate the anti-crypto policies introduced by Joe Biden and U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, emphasizing that their policies “will grind to a halt within one hour of a second Trump administration.” […]
Donald Trump reportedly announced his goal to be the “crypto president” at the event, where he raised $12 million.
Cryptocurrency analyst and trader Michaël van de Poppe believes that one Solana (SOL) challenger may be gearing up to witness a bullish reversal. Van de Poppe tells his 719,300 followers on the social media platform X that a “new round of upwards momentum seems inevitable” for Sei (SEI). Source: Michaël van de Poppe/X According to the […]
A widely followed crypto analyst believes Bitcoin (BTC) may be just days away from an explosive rally based on historic precedence. Pseudonymous crypto trader Rekt Capital tells his 475,500 followers on the social media platform X that Bitcoin could soon enter a phase of the market cycle that in 2020 and 2021 saw massive gains. […]
BlockDAG Eyes $30 Target Amid 1000% Increase, As LTC Investors Seek New Ventures; MANTRA & Ondo Unite Litecoin (LTC) investors are branching out into alternative cryptocurrencies as its value declines, in search of promising returns. In the meantime, MANTRA and Ondo are drawing attention by launching a new savings product backed by short-term US Treasuries. […]
Bitcoin hiding something from bears, and it’s great for bulls