However, Eric Balchunas also sees some tough days ahead for cryptocurrency market

The current price action of Decentraland (MANA) indicates that market optimism is on the rise as the digital currency regains its bullish momentum, with the price now targeting the key resistance level of $0.3713. This recent surge in MANA’s price occurred following a price rejection at $0.3099, marked by the formation of a hammer candlestick […]

The University of Wyoming (UW) has established the UW Bitcoin Research Institute, marking the first academic institute dedicated to Bitcoin studies. Dr. Bradley Rettler, an Associate Professor of Philosophy and author of Resistance Money: A Philosophical Case for Bitcoin, has been appointed as the inaugural director, Rettler announced on the Genesis Stage at the Bitcoin […]

Bitcoin has remained the most used cryptocurrency by criminals, even with the rise of privacy coins like Monero. According to the recent Europol Internet Organized Crime Threat Assessment report, financial crimes are also still the main illicit crypto use. Bitcoin’s Popularity with Criminals Sparks Concerns Bitcoin has been the preferred asset for ransomware groups due […]

U.S. Treasury Secretary Janet Yellen has denied claims by economist Nouriel Roubini and former Trump administration official Stephen Miran that the Treasury manipulated the issuance of securities to lower real borrowing costs. Yellen assured in a Bloomberg interview that no such strategy had ever been discussed or implemented. Roubini and Miran’s paper argued that Treasury […]

Cardano is at a significant milestone with the impending Chang hard fork. This pivotal moment follows the recent upgrade of its node validation software before the upgrade goes live. As the Cardano ecosystem gears up for this major update, the network is experiencing a surge in activity that could determine its trajectory in the coming […]

Dogecoin keeps growth potential and may regain some serious ground for surge

Bitcoin has historically exhibited exponential gains during bull cycles, although each cycle has also seen significant drawdowns. The current upward momentum is driven by the anticipated approval and influence of spot ETFs, which are expected to bring more investors into the market. New inflows haven't even started yet “Bitcoin's upward momentum continues to rely on […]

Macro guru and Real Vision CEO Raoul Pal believes that Solana (SOL) will furiously outpace Bitcoin (BTC) this cycle. In a new YouTube strategy session, Pal says that Solana could be printing a classic bullish inverse head and shoulders pattern (I-HNS) pattern against Bitcoin. “That’s a killer inverse head and shoulders, cup and handle, whatever […]

TL;DR Arbitrum’s Expansion Proposal: The Arbitrum Foundation is considering extending its Orbit chains beyond Ethereum. The proposal is undergoing an initial “temperature check” vote on Snapshot, with results expected by August 1, 2024. Going Beyond Ethereum: If approved, new Orbit chains could launch on diverse networks like Bitcoin, Binance Smart Chain, and Cosmos. Rising interest […]

We recently compiled a list of the 10 Best Cryptocurrencies to Buy Now. In this article, we are going to take a look at where Bitcoin (BTC) stands …

TL;DR Litecoin (LTC) leads in non-empty wallets with over 8 million, followed by Dogecoin (DOGE) with 6.69 million. Ripple (XRP) and Shiba Inu (SHIB) holders have also been on the rise, recently reaching all-time high numbers. Here is the Ranking The crypto analytics platform Santiment revealed the six alternative coins that currently have the most […]

Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated for balanced regulation that encourages innovation without stifling growth or pushing it overseas. Senator Tim Scott Advocates for […]

The on-chain analytics firm Santiment has revealed how Shiba Inu and XRP are among altcoins that are seeing a bullish divergence on the MVRV Z-Score. MVRV Z-Score Says XRP And Shiba Inu Traders Are Seeing Losses Currently In a new post on X, Santiment has discussed how the various top coins in the cryptocurrency sector […]

The pro-crypto Senator introduced the Bitcoin Reserve Bill while declaring “this is the solution, this is the answer, this is our Louisiana purchase moment, thank you Bitcoin!”

Bitcoin community on X abuzz as platform has removed BTC hashmoji

A widely followed cryptocurrency analyst is saying he’s bullish on a leading memecoin as he shares his outlook on two other digital assets. Pseudonymous trader Altcoin Sherpa tells his 219,000 followers on the social media platform X that over the next six to 12 months, Dogecoin (DOGE) could hit a price of over $0.50, representing […]

Following the approval of the Ethereum Spot ETF, a substantial 160,930 ETH entered Coinbase over just two days. This influx of ETH has raised questions about whether Grayscale’s Spot ETF, ETHE, will continue to exert selling pressure on the market. Recent data indicates that ETH net flows might be a leading indicator of this trend. […]

The crypto community is rallying behind Trump for the 2024 election, hoping to avoid regulation.

TL;DR RFK Jr.’s Bold Promise: U.S. presidential candidate Robert F. Kennedy Jr. plans to advocate for the federal government to invest in Bitcoin until its holdings match the country’s gold reserves. Vision and Commitment: Kennedy praises Bitcoin as an “honest currency” due to its decentralized nature and transparency. He proposes linking a new U.S. Treasury […]

TL;DR Mysticeti Unveiled: Lightning-Fast Consensus: Sui Network has introduced Mysticeti, a major upgrade aimed at revolutionizing consensus performance. Mysticeti achieves an impressive 80% reduction in consensus time on their Testnet. Historic Launch and BFT Roots: Mysticeti’s launch followed a meticulously planned process, with an on-chain governance vote. It builds upon the lineage of Byzantine Fault […]

According to the latest Global System for Mobile Communications (GSMA) study report, the success of artificial intelligence (AI) in Africa hinges largely on the availability of local language data and addressing the AI skills gap. The report urges African countries to prioritize investment in domain-specific and local language data. It also recommends adopting participatory approaches […]

Layer 2 scaling solution Polygon has maintained strong network activity even as the broader cryptocurrency market and its native token, MATIC, experienced a downturn in the second quarter of 2024, according to a new report from market intelligence platform Messari. Polygon Weathers Crypto Market Downturn While MATIC saw a 44.3% drop in its circulating market […]

Bitcoin’s bullish pattern on the chart is signaling to crypto traders a potential 25% price increase from its current level.

A widely followed cryptocurrency analyst and trader is issuing a warning on altcoins. The analyst pseudonymously known as Credible Crypto tells his 404,000 followers on the social media platform X that it is within the realm of possibility for Bitcoin (BTC) to fall by around 22% from the current level. According to the analyst, a […]

TL;DR Analysts predict a significant bull run for bitcoin, potentially driven by the emergence of a “Golden Cross.” Some experts anticipate short-term corrections, advising caution to investors. The Bullish Forecasts The primary cryptocurrency passed through enhanced volatility in the past week, with its price ranging from $64,000 to over $68,000. Currently, it trades at around […]

Discover why Samson Mow believes Bitcoin’s wild fluctuations are just part of its predictable rise to new all-time high

Proton, the Swiss technology company that creates privacy-preserving online tools like ProtonMail and ProtonVPN, is launching Proton Wallet, a self-custody Bitcoin wallet. This new product will be integrated with ProtonMail and will enable users to send bitcoin as easily as sending an email. “Bitcoin’s value to society has been hindered by the difficulty of transacting […]

Former President Donald Trump speaks at a campaign rally in Charlotte, North Carolina, on July 24, 2024. Brandon Bell/Getty Images. Nashville …

A US bank says more than seven million people are affected by a major hack and data breach that’s impacting multiple financial firms and their customers. A new data breach notice at the Office of the Maine Attorney General shows a total of 7,640,112 customers at Evolve Bank & Trust have had their sensitive data […]

Crypto investor Chris Burniske says that Ethereum (ETH) could have a surprise rally this cycle if one key event takes place. The former head of crypto at ARK Invest tells his 292,200 followers on the social media platform X that traditional finance (TradFi) may suddenly rush into Ethereum for the project’s fundamentals, sparking a massive […]

The crypto market has been buzzing with excitement following the launch of the Ethereum ETF. Many believe introducing a Solana ETF could be the next significant development, potentially marking an important turning point for the altcoin market. This prospect suggests a growing mainstream acceptance and recognition of alternative cryptocurrencies, potentially encouraging their independence from Bitcoin […]