New data reveals that daily inflows into spot market Bitcoin (BTC) exchange-traded funds (ETFs) have hit a six-week high. According to data from crypto research platform SoSo Value, on July 16th, BTC ETFs saw over $422 million worth of inflows, the overwhelming majority of them coming from BlackRock’s IBIT ETF, which had a staggering $260.2 […]
A top crypto strategist believes that memecoin dogwifhat (WIF) is now poised to witness an increase of more than 350%. Earlier this month, pseudonymous analyst Bluntz told his 265,200 followers that WIF was in the early stages of a fresh five-wave surge. The analyst relies on the Elliott Wave theory, which states that a bullish […]
Virgil Griffith could be eligible for release as early as January 2025 after pleading guilty to violating US sanctions on North Korea.
TL;DR XRP’s open interest has reached a year-to-date high of over $602 million, driven by perpetual and futures contracts, indicating increased trading activity and liquidity. Binance leads as the primary market for XRP open interest with $264.8 million, closely followed by Bybit with $248.1 million. XRP has experienced a 4.6% increase in the last 24 […]
The world’s most-traded cryptocurrency, USDT, is set for a shake-up after the parent company hired a new Head of Economics. Philip Gradwell spent over half a decade with Chainalysis as the team’s Chief Economist. Gradwell’s role will be to ensure Tether’s transparency, engage with US (and other global) regulators while also improving discussions around crypto’s […]
Bitwise Asset Management’s Chief Investment Officer has predicted that the introduction of Ethereum Exchange-Traded Products (ETPs) will drive ether (ETH) prices to new all-time highs above $5,000 by the end of the year. The CIO suggests that ETP flows could have a bigger impact on Ethereum than they did on Bitcoin. The Road to Ethereum’s […]
XRP whales are on the move amidst a new surge in the wider market as the altcoin is currently grinding better than most would expect. The cryptocurrency has been on a roll in the past 24 hours, which has enabled it to outperform other large market-cap cryptocurrencies in both the 24-hour and seven-day time frames. […]
This week, Solana SOL advanced bullishly after lifting from a base support some days back. While the bears are currently in disbelief of the latest move, they may suffer more losses if the price keeps surging daily. As Solana continued to show signs of strength daily, it recently broke above a key $155 resistance (now […]
Bitcoin Magazine is thrilled to announce the launch of the newly enhanced Bitcoin Magazine Pro in partnership with Look Into Bitcoin. This strategic collaboration involves rebranding Look Into Bitcoin and relaunching it as Bitcoin Magazine Pro, bringing real-time data and market-leading chart intelligence to users while significantly enhancing the capabilities and reach of Bitcoin Magazine […]
Former President Donald Trump says one of Bitcoin’s biggest critics is warming up to the crypto industry. In a newly-released interview transcript from Bloomberg, Trump says JPMorgan Chase CEO Jamie Dimon’s notoriously negative views on crypto are evolving. “You ask Jamie Dimon, Jamie Dimon was, you know, very negative and now all of a sudden […]
During the past year, our newsdesk has explored using generative artificial intelligence (AI) chatbots to predict bitcoin prices and further extended this approach to forecasting the price of an ounce of fine gold. As part of this experiment, this week we used ethereum (ETH), the second largest cryptocurrency by market capitalization, to query several AI […]
Kraken will distribute over 48,641 Bitcoin to Mt. Gox beneficiaries
Wintermute integrates crypto liquidity into oneZero’s EcoSystem, expanding its reach in traditional finance (TradFi). The move allows banks and institutions to access over 350 crypto trading pairs with advanced features. Crypto Liquidity Provider Wintermute Expands TradFi Reach According to the press release, Wintermute Asia Pte. Ltd, a subsidiary of global algorithmic trading firm Wintermute Group, […]
Both reportedly told the complainant that he could make a profit if he buys and sells properties which come up for auction through the court, …
Strong inflows into spot Bitcoin ETFs suggest that the sentiment has turned positive, and traders are buying aggressively.
The cryptocurrency Worldcoin (WLD) has seen a dramatic price increase, surging 75% over the past five days, with a significant 38% increase in the last 24 hours. According to DeFi^2 (@DefiSquared), the number one ranked trader on Bybit and a top 10 wallet on DeBank, this price movement is not merely speculative but indicative of […]
TL;DR Blast reduces bridging time to Ethereum Mainnet from 14 days to 7 days. This change is based on an analysis of withdrawal activities and is considered sufficient for most transactions. The new official account on X is @Blast, replacing @blast_l2. In a recent announcement, Ethereum network Blast has optimized its bridging process by reducing […]
TL;DR OKX Wallet has integrated 100 blockchains, including The Open Network (TON). The wallet offers direct access to multiple chains, eliminating the need for bridges. OKX Wallet has been ranked number one in cybersecurity globally. OKX Wallet has reached a significant milestone in the cryptocurrency world by integrating its 100th blockchain, The Open Network (TON). […]
Bitcoin’s recovery above US$65K signals a potential upcoming altcoin season, noted by Australian analyst Miles Deutscher. Deutscher attributes the recent market rally to decreased selling pressure and increasing buyer activity. He predicts altcoins could surpass a trillion-dollar market cap, emphasising strategic profit-taking. With Bitcoin seemingly out of the worst for now and flying past US$65K […]
The prominent crypto asset manager announced the launch of the Grayscale Decentralized AI Fund LLC on July 17th, which aims to offer investors exposure to protocols in the rapidly evolving artificial intelligence sector within the crypto ecosystem. The fund will rebalance quarterly and currently features a basket of decentralized artificial intelligence (AI) crypto protocols, such […]
Following a slight crackdown from a range two weeks back, Ripple XRP saw a fast recovery and jumped consistently until the price broke above the range. It is looking highly bullish following a massive surge in volatility. Following past months of broader price correction, XRP appeared to have found solid ground above the $0.38 level […]
Worldcoin (WLD) is on a tear, with the coin’s price shooting up over 40% in the past day. This comes after the development team announced they’re locking up investors’ and team members’ coins for much longer than planned. Now, the big question on everyone’s mind is: Can WLD continue rising to the $5 level? Worldcoin […]
XRP is leading the market market, but is the most recent rally more than just a flash in the pan?
Standard Chartered-backed Zodia Markets has agreed to acquire Elwood Capital Management Ltd (ECML), the digital asset over-the-counter (OTC) trading business of Elwood Technologies, in a deal announced today (Wednesday). The acquisition, set to be completed by August, will expand Zodia Markets’ regulated presence and enhance its services to institutional clients worldwide. Zodia Markets Acquires Elwood’s […]
Cryptocurrency Report 2024 Q2: Crypto Mcap Dips, Ethereum Turns Inflationary, Meme Coins Lead the Way and More After a stellar Q1 (January-March) …
Fractal ID gave notice that an attacker had gained access to an operator’s account, leading to the leak of a small percentage of users’ personal data.
A rumor claiming a potential settlement between Ripple and the US Securities and Exchange Commission (SEC) scheduled for a closed meeting on July 18 has been debunked by former SEC regional director and pro-XRP lawyer, Marc Fagel. According to Fagel, the likelihood of a settlement being discussed in this particular meeting is highly improbable, despite […]
TL;DR ETF Approval: The imminent launch of spot Ethereum (ETH) exchange-traded funds (ETFs) in the U.S. is a historic moment. Similar to Bitcoin’s ETF success, Ethereum ETFs are expected to attract significant investments. Structural Factors: Ethereum’s ETF impact differs from Bitcoin’s due to zero inflation, staking mechanisms, and increased institutional participation. These factors favor Ethereum’s […]
TL;DR Bloomberg Businessweek publicly apologizes to Binance and its CEO, Changpeng Zhao. The outlet retracts a 2022 article that called Zhao a “Ponzi schemer.” Bloomberg will donate a sum to Songzi’s Special Education Fund as compensation. Bloomberg Businessweek has acknowledged its mistake and publicly apologized to Binance and its co-founder, Changpeng Zhao, following the publication […]
Worldcoin’s WLD token price jumped after announcing an extension of token lock-ups from 3 to 5 years. Over 6 million people have joined Worldcoin’s network by scanning their irises, securing a unique ID. The new unlock schedule suggests a slower release of WLD tokens, reaching 400 million by next September. Sam Altman’s Worldcoin has just […]
Trump has reaffirmed his pro-crypto stance in a wide-ranging interview with Bloomberg’s Business Week, warning if the US doesn’t take the lead in crypto, China or someone else will. Trump had previously been anti-crypto, having said Bitcoin “seems like a scam” and its value is based on “thin air”. Trump’s change of heart may be […]
The meme coin space has a new project that’s turning heads. Shiba Shootout (SHIBASHOOT), a coin with a Wild West theme, is close to hitting the $700,000 mark in its presale phase. This coin is drawing attention not just for its impressive fundraising but also for its mix of Play-to-Earn gaming and high-yield staking. Explore […]