After days and days of registering gains and testing the $72,000 price tag, bitcoin reversed its trajectory on Friday and slumped by more than three grand in hours. The question arises as to why this happened since the inflows into the US-based ETFs keep coming. The Bitcoin ETF Impact It’s safe to say that the […]
Bitcoin's rally to near a record high is reawakening animal spirits — not just in the cryptocurrency market itself, but in the broader financial …
The price of Litecoin (LTC) has had a disappointing performance in the second quarter of 2024, despite making a positive start to the year. The cryptocurrency has been facing significant bearish pressure in the past day, with its price falling by nearly 5% in a single move. Despite LTC’s apparent struggles in terms of price […]
A closely followed crypto analyst believes that a top-10 altcoin by market cap is about to soar to new all-time highs (ATH). Pseudonymous trader Kaleo tells his 642,000 followers on the social media platform X that BNB (BNB), the utility token for the BNB Chain ecosystem, is mimicking a 2021 price pattern on the four-hour […]
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’ money after ceasing operations. “And even if they did, just one or two employees were tasked with giving […]
Bitcoin lingers lower following a “doubly strange” U.S. trading session, with BTC price support in question.
Best Crypto Presale of 2024: BlockDAG Keynote 2 Boosts Traction with 1000% Surge; When Will Dogeverse List? The crypto market is focused on Dogeverse Listing; BlockDAG has shattered conventional limits with its latest Moon Keynote, sending presale figures soaring. This enthralling presentation, coupled with the release of the highly anticipated X1 Miner App, has spotlighted […]
Dogecoin whale mania triggers 300% boost in key metric; DOGE price pump next?
JPMorgan Chase, Bank of America and Wells Fargo are failing to protect customers from hundreds of millions of dollars in scams and fraud per year, according to a US Senate panel. At a hearing held by the Permanent Subcommittee on Investigations, Democratic Senator and Chairman Richard Blumenthal said the banking giants’ customers submitted claims to […]
Norwegian authorities successfully froze and returned $5.7 million worth of crypto assets that were stolen in a massive 2022 hack on the Ronin (RON) network. Ronin is a gaming-focused Ethereum (ETH) sidechain developed by Sky Mavis, the same team that created the non-fungible token (NFT)-based game Axie Infinity (AXS). In March 2022, hackers believed to […]
The US Department of Justice (DoJ) indicted Bill Guan, the chief financial officer of Epoch Times, on Tuesday. The DOJ alleges that Guan was involved in an international scheme to launder around $67 million of illicit funds using cryptocurrency. The Scam From 2020 to May 2024, Bill Guan engaged in a large-scale international money laundering […]
The crypto world is buzzing. Robinhood, a retail giant, has announced the acquisition of Bitstamp, a cryptocurrency exchange platform, for 200 …
Ripple has again raised concerns in the XRP community following its recent XRP sale. This comes amid XRP’s unimpressive price action, which continues to paint a bearish outlook for the crypto token. Ripple Sells 150 Million Tokens On-chain data shows that the crypto firm offloaded 150 million XRP tokens ($78 million) on June 7. These […]
The TON Foundation has announced a partnership with Tether to broaden the access of global crypto communities to USDT on the TON blockchain. The foundation has outlined plans to integrate TON-based USDT into at least a hundred exchanges and payment processors in both established and emerging markets in the coming months. TON Foundation and Tether […]
Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it acquired 247 additional Bitcoin for $17 million in cash, bringing its total holdings to 828 BTC. The company also plans to raise $150 million to expand its Bitcoin reserves. JUST IN: BlackRock spot #Bitcoin ETF IBIT had $347.1 million inflows today. pic.twitter.com/SIKByVcctA — Bitcoin Magazine (@BitcoinMagazine) […]
If Bitcoin returns to the price it had been hovering around for the previous two days before the slight dip, it would wipe out a considerable number of short positions.
The US national debt just hit a new all-time high of $34.667 trillion. New numbers from the Treasury Department’s Debt to the Penny system show the country’s national debt reached the milestone on Friday, May 31st. That’s a $677 billion increase from the start of 2024, when the nation’s debt stood at $33.990 trillion. The […]
A widely followed crypto analyst says one meme asset that has seen tremendous gains over the last eight months will continue its upward momentum. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 217,000 followers on the social media platform X that memecoin MAGA (TRUMP) will go “berserk” even though it experienced […]
Market is seeing numerous bullish signs appearing, but is it enough to push BTC to new ATH?
2024’s Top Five Crypto Presales: Unveiling the Front Runners in Blockchain Investments As the crypto community buzzes with anticipation, BlockDAG steals the spotlight with its Moon Keynote, which has rocketed its presale achievements to stunning new heights, gathering $46.4 million from over 11.1 billion BDAG coins sold. With its sophisticated DAG Ordering Algorithm and the […]
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Crypto analyst Egrag Crypto has revealed a bullish pattern that recently formed on the XRP price chart. The analyst also revealed how high the crypto token could rise once it makes this move to the upside. Inverted Hammer Forms On The Chart Egrag highlighted an Inverted hammer that had formed on XRP’s chart while noting […]
TL;DR Crypto whales are acquiring Bitcoin at a rate of $1 billion daily, similar to before the 2020 bull run. Spot ETFs in the U.S. have reached all-time highs in their Bitcoin holdings, driving institutional demand. There is a slowdown in the growth of Tether’s (USDT) market cap, which could affect crypto market liquidity. In […]
TL;DR Viral Launch & Growth: Notcoin gained attention with a Telegram-based game, reaching a market cap of nearly $500 million. Its unique click-to-mine feature and integration with the TON Network contribute to its popularity. Price Predictions: Various sources forecast Notcoin’s price from 2024 to 2030, with predictions showing potential growth. For instance, CoinCodex suggests a […]
California-based med-tech company Semler Scientific has announced purchasing an additional 247 BTC for an aggregate of $17 million in cash, inclusive of fees and expenses. As of June 6, 2024, Semler holds a total of 828 bitcoins, which were acquired for an aggregate of $57 million, inclusive of fees and expenses. Preps $150M Bitcoin Warchest […]
Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes. This addition marks 11 consecutive months of purchases, bringing the central bank’s year-to-date acquisitions to 38 tonnes and raising its overall official gold reserves to […]
President Donald Trump has made a calculated pivot to embrace Bitcoin and crypto, sensing a strategic advantage against incumbent Joe Biden in the 2024 election. While Biden has projected hostility toward Bitcoin, Trump directly appeals to the growing voter bloc of Bitcoin supporters. In recent months, Trump began accepting Bitcoin donations, became the first-ever U.S. […]
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the Nigerian government has turned its focus to platforms providing cryptocurrency services.
Binance is adding the token of a Solana (SOL)-powered decentralized artificial intelligence (AI) computing network to the roster of supported crypto assets on its Launchpool platform. In a statement, the world’s largest crypto exchange says that io.net (IO) will be the 55th crypto project on Binance Launchpool, which allows users to deposit their coins into […]
Artificial intelligence (AI)-based digital asset Worldcoin (WLD) is claiming that nearly nine out of ten users in Spain, a country that banned it earlier this year, support the altcoin’s return. In a new blog post, Worldcoin – an eye-scanning, privacy-focused project founded by OpenAI CEO Sam Altman – says it has conducted a study of […]
Charles Edwards has revealed key factors for strong Bitcoin price appreciation he expects to see within next few months
The big picture: Its reliance on cloud services to allow users to transfer it between devices will test true cryptocurrency believers, who have …