On the surface, institutional adoption of digital assets is thriving. The fact that multiple major firms like HSBC and BlackRock are beginning to offer tokenized products is a testament. One recent projection even suggested that by 2030 the tokenized asset market could go as high as $16.1 trillion. Institutional participation has long been viewed as […]
The echoes of 2021’s meme stock saga reverberated through financial markets this morning, as the obscure ROAR meme coin and video game retailer GameStop experienced a meteoric rise fueled by social media nostalgia. The catalyst? The return of a familiar face – Keith Gill, better known by his online moniker “Roaring Kitty.” Kitty Claws Back […]
Crypto analyst reveals large bullish prospects for Bitcoin he spotted on chart
Similarly, Mastercard introduced a new crypto credential that allows cryptocurrency holders to transact without using complex blockchain addresses, …
A judge ordered the U.S. Securities and Exchange Commission to pay $1.8 million following “bad faith conduct” over a temporary restraining order to freeze DEBT Box’s assets.
The crypto market continues sideways, with Bitcoin facing resistance at US$73k and support at US$67k, suggesting a cautious buying approach. The fear-and-greed index indicates investor optimism, yet economic uncertainties loom as the FOMC meeting approaches. Analysts highlight strong Bitcoin interest but caution that the market was heating up too fast, urging a slower market pace. […]
In Salt Lake City, Krista Renae Stone, 23, pleaded guilty to using the dark web to arrange a murder-for-hire in 2023. According to court documents, Stone utilized bitcoin to pay $5,000 for the hit. Between March and September 2023, she accessed a website offering “hitman for hire” services, providing detailed information about the intended victim, […]
The leader of the Gamestop (GME) short squeeze movement is sitting on potentially one of the best trades of all time shortly after his dramatic comeback to the public eye. Keith Gill, who goes by ‘Roaring Kitty,’ is currently looking at hundreds of millions of dollars in gains after building a massive call option position […]
Revolution In The Crypto World: BlockDAG Towers Over Dogecoin And Optimism With Recent Keynote Launch & $41.6M in Presale Is BlockDAG redefining the cryptocurrency landscape? The launch of its Lunar Keynote has catapulted BlockDAG into the spotlight, generating significant buzz among investors and cryptocurrency enthusiasts alike. This event showcased BlockDAG’s formidable capabilities, setting it apart […]
TL;DR Core Scientific, a company specialized in Bitcoin mining, has signed a $3.5 billion agreement with CoreWeave to invest in the field of AI and HPC. The agreement involves providing 200 MW of infrastructure for CoreWeave’s operations. CoreWeave will initially finance $300 million for infrastructure improvements, to be recovered through hosting fees. Core Scientific, one […]
TL;DR Despite a 54% drop in the overall NFT market in May, Bitcoin NFTs hit a record $4 billion in sales. They dominated the 30-day sales volume with $171 million, surpassing Ethereum’s $159 million and Solana’s $90 million. Merlin Chain has established a comprehensive ecosystem for Bitcoin-native assets, offering an optimized platform for trading and registering […]
[PRESS RELEASE – Abu Dhabi, UAE, June 4th, 2024] Solnarize is thrilled to announce that the presale of it’s $SRIZE tokens will commence on Friday, June 7th, 2024. This presale provides early participants the chance to engage with a project that combines innovative meme culture with the mission of promoting clean energy before listing on […]
We’re thrilled to announce that Wen (WEN), Jeo Boden (BODEN), Doland Tremp (TREMP), Tensor (TNSR), Zeus Network (ZEUS) and Nosana (NOS) are now available on Kraken! Funding and trading WEN, BODEN, TREMP, TNSR, ZEUS and NOS funding and trading are live. Add these tokens to your Kraken account by navigating to Funding, selecting the asset, […]
The U.S. Energy Information Administration (EIA) estimates Bitcoin mining uses about 170 TWh of electricity per year, or about 0.6% to 2.3% of annual American electricity consumption. The aggregate market cap of 14 publicly traded U.S. mining companies totals about $20 billion, according to an April report by JPMorgan Chase. As the Bitcoin mining industry […]
After a retracement from its previous, Notcoin (NOT) has been exhibiting strong bullish momentum that has drawn the interest of both traders and investors. This ongoing upward trend indicates a robust level of market confidence and increasing optimism over its prospects. Market analysts are keeping a careful eye on important indicators and trends as the […]
Bernstein analysts Gautam Chhugani and Mahika Sapra believe the United States securities regulator likely approved the spot Ether ETFs to avoid a legal battle.
Will the latest data prompt the Fed to cut rates at a faster pace?
… cryptocurrency, the Department of Justice said Monday. Weidong Guan, 61, also known as Bill Guan, is charged with one count of conspiring to …
A lender known as the “bank to the stars” is being sued for $770 million for allegedly aiding and abetting a Hollywood Ponzi scheme. Plaintiffs for the lawsuit accuse the Los Angeles-based lender City National Bank (CNB) of enabling a fraudulent scheme that bilked hundreds of investors, reports the Los Angeles Times. The lawsuit alleges […]
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production to “unusually cold temperatures” at its […]
Australia now officially has its first spot Bitcoin ETF that directly holds BTC. The Monochrome Asset Management’s Bitcoin ETF (IBTC) just began trading as the Cboe Australia exchange opened. Trading under the ticker IBTC, the ETF carries a management fee of 0.98%. BREAKING: 🇦🇺 Australia's first spot #Bitcoin ETF to hold #BTC directly officially begins trading. pic.twitter.com/k4OPyPDm5O — […]
Bitcoin lover and founder of MicroStrategy, Michael Saylor, has settled with the District of Columbia (DC) in a whopping US$40m deal. The State accused Saylor of avoiding taxes by misrepresenting his residential status. His company, MicroStrategy, was also embroiled in the scheme by signing off on documents with his allegedly falsified residence. Despite the hefty […]
Jason Pizzino anticipates an eventual upward move for Bitcoin, based on historical trends. He suggests Bitcoin might reach new heights around US$78k to US$81k before another consolidation phase. Pizzino emphasises the need for flexibility and readiness for various market scenarios, highlighting the use of Gann Indicators. While Bitcoin is trading sideways many have the one […]
Dapper Labs has entered a $4 million agreement to settle an investor lawsuit that claimed it sold NBA Top Shot Moments NFTs as unregistered securities.
Ethereum ETH is up today but trading volatility remained low as it continued to consolidate despite the latest market increase. However, its bullish trajectory is still intact daily, gathering liquidity for a bigger rally. Looking back to last month’s trading, Ethereum saw a massive explosion near $4k after sitting well above the $2,800 level for […]
Binance has suspended cash payments for peer-to-peer (P2P) trading in India to adhere to regulatory compliance and enhanced security, 99 Bitcoins reported. While cash transactions have been convenient for users in regions with limited banking access, Binance aims to mitigate money laundering risks and promote a safer trading environment through this action. Alternative Payment Methods […]
In a technical analysis, renowned crypto analyst Gert van Lagen presented an extremely bearish outlook for Solana (SOL), suggesting that its price is poised for a substantial downside move. Van Lagen’s analysis is underpinned by the widely acclaimed Elliott Wave Theory, a methodology that seeks to identify recurring patterns and cycles in market price movements. […]
Widely followed trader Inmortal says this year will see massive rallies for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and one additional altcoin. The pseudonymous trader tells his 214,000 followers on the social media platform X that API3 (API3), a decentralized data oracle network that aims to connect traditional APIs with blockchain applications, is ready to […]
JPMorgan Chase is reportedly preparing to launch a biometric payments system for the masses. The banking giant is preparing a “broad rollout” of an authentication system that will allow retail shoppers to pay with their face or palm next year, reports American Banker. The system is the result of two pilot projects with the California-based […]
TL;DR Record revenue of $2 billion in May for digital asset investment products. Continued investments in Bitcoin, with a total of $148 million in inflows. Ethereum sees a positive shift in investor sentiment following SEC approval for a spot-based ETF, with two consecutive weeks of inflows. Investment in digital assets continues its rise, marking a […]
Social Capital CEO Chamath Palihapitiya recently predicted that Bitcoin will reach $500,000 per coin by the end of this year, based on he trajectory of previous halving cycles. The billionaire venture capitalist’s prediction blows past those of bank analysts at firms like Standard Chartered and Bernstein, who believe the halving will be a significant but […]
xAI founder sets cryptocurrency community abuzz with his recent AI meme tweet