Prominent Bitcoin bull Samson Mow explains why he believes BTC will begin skyrocketing soon

The UK’s first regulated and centrally cleared trading venue dedicated to digital asset derivatives, GFO-X, is set to launch by the end of this year, Finance Magnates has learned. The project is collaborating with LCH, which will provide clearing for Bitcoin (BTC) index futures. GFO-X to Debut Later This Year According to information obtained by […]

On-chain data shows Bitcoin, XRP, and other top cryptocurrencies have been witnessing notably lesser activity from the whales recently as compared to earlier in the year. Bitcoin, XRP Among Assets Observing A Decline In Whale Transactions In a new post on X, the on-chain analytics firm Santiment has discussed about how the latest trend in […]

Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity to strengthen ties with both Eastern and Western nations while remaining committed to NATO. Erdogan emphasized […]

Over the past 24 hours, Monero's (CRYPTO: XMR) price has risen 3.13% to $172.56. This continues its positive trend over the past week where it has …

Today, the FBI issued an alert warning that North Korean hackers are targeting U.S. cryptocurrency exchange-traded funds (ETFs) in a bid to steal digital assets. The hackers are using advanced social engineering techniques to breach the security of companies associated with these financial products, the FBI stated. According to the FBI, the Democratic People’s Republic […]

Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows.

Fundstrat’s Tom Lee is issuing a warning that financial markets should be navigated with caution until the 2024 US election concludes. In a new interview with CNBC, Lee says that investors may receive a better chance to go long in the coming weeks. “I think investors should be cautious… For the next eight weeks… It’s been […]

A closely followed crypto analyst is warning that on-chain metrics suggest investors are losing interest in Bitcoin (BTC) amid the extended correction. In a new strategy session, crypto trader Ali Martinez tells his 70,000 followers on the social media platform X that the warm supply realized price metric is signaling bearishness for Bitcoin. Bitcoin’s warm […]

Long-running crypto exchange Bitfinex have released a September report suggesting that Bitcoin might be in for some turbulence. The report predicts that the US Federal rate cuts may have a negative short-medium-term impact on the economy, potentially pushing BTC back under US $40k. The team argues a more moderate rate cut of 0.25bps could leave […]

BlockDAG Partners with Italian Soccer Giant– Inter Milan: Could It Be the Next $1 Crypto? More on Bitcoin & XRP Price Forecasts Bitcoin Cash investors have been feeling the heat lately, with their portfolios taking a hefty 33% hit. And it’s not just Bitcoin Cash—XRP is also on shaky ground, hanging around the $0.595 mark, […]

There has been a shift in the Ethereum market, as rising exchange reserves signal a potential new distribution phase coinciding with growing concerns over a death cross. This is evidenced by CryptoQuant’s Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets. Ethereum in Jeopardy When the metric rises, it often […]

Bitcoin back on path of growth as price of asset comes closer to $60,000

Nexo, the platform that gained popularity by offering crypto lending products, has resumed new client registration in the United Kingdom today (Tuesday), the company announced. Ensuring Local Compliance The crypto platform detailed that before resuming onboarding, it upgraded its platform to meet all FCA guidelines. It has also partnered with Gateway 21 to ensure compliance […]

Avalanche (AVAX) is currently trading at a crucial level after a 24% retrace that began last week. The crypto market is experiencing extreme fear and uncertainty, with most altcoins hovering near yearly lows. Analysts and investors closely monitor AVAX’s price action as the market remains volatile.  Top analyst and trader Kaleo has shared his insights, […]

Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. 

Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices following a rate cut,” the Bitfinex analysts said. Bitfinex Predicts Bitcoin […]

North Korean actors are already known to exploit the cryptocurrency industry and designated non-financial businesses and professions, including …

The Bitcoin network hash rate reached a new all-time high on September 3rd, surpassing 740 exahashes per second (EH/s). This comes even as Bitcoin prices trade below $60,000. JUST IN: #Bitcoin's hash rate hit a new ALL TIME HIGH 🚀 pic.twitter.com/BiLY3pRRIV — Bitcoin Magazine (@BitcoinMagazine) September 3, 2024 A higher hash rate reflects more computational […]

Research from crypto exchange Bitfinex warns that reactions to recent rate cut news could bring down crypto prices in September. In its latest research, Bitfinex speculates that Bitcoin (BTC) could fall as low as $40,000 over the coming weeks. “If we were to speculate, we would caution to expect a 15-20% decline when rates are […]

Bitcoin, after experiencing a blood bath last Month, several analysts have re-analyzed its price action to see what this new month of September might hold for the Bitcoin Market. Amongst them, a renowned crypto analyst known as Mags on X has recently shared an insightful perspective on Bitcoin’s current market behavior in one of his […]

The SpaceX subsidiary claimed the Brazil Supreme Court decision was “illegal,” but it would comply by suspending access to the social media platform.

Cardano has finally launched its long-awaited Chang hard fork, bringing the network closer to its goal of full decentralization. However, the price of Cardano ADA is still down. Another struggling top crypto, Ripple, has unlocked 1 billion XRP this month. Meanwhile, a new trading platform, Intel Markets, has surpassed $220k in presale, outperforming the competition […]

Ethervista, which is being described as the “Pump.fun” of Ethereum, released its whitepaper on Aug. 31, claiming to be a “value-compounding deflationary currency” with the token VISTA. Pump.fun is a Solana-based marketplace that allows users to easily create and distribute their own tokens, which are primarily meme coins. Its gas usage has surged to become […]

ADA teeters on brink as Cardano approaches pivotal hard fork, with volatility looming and token slipping to critical $0.3444 level

TL;DR August 2024 NFT Sales Drop: NFT market sales fell to $374 million in August, marking the first time this year that sales dipped below $400 million. Significant Decline from Peak: The market saw a 76% drop from its March 2024 peak of $1.6 billion, highlighting ongoing struggles. Transaction Trends: Despite fewer transactions, the average […]

The US Securities and Exchange Commission (SEC) has filed with the US Bankruptcy Court reserving its right to challenge FTX’s use of stablecoins and other digital assets in repayments to its creditors. The SEC didn’t lay out a case against the use of stablecoins by FTX in its filing and explicitly said it wasn’t taking […]

A recent survey from Kiwi exchange Easy Crypto and Protocol Theory has shown 20% of Australians already invest in digital currencies. The survey also revealed that Australians are strongly considering crypto as an alternative to real estate, which has become exorbitantly expensive for the average investor. Australians also believe that crypto offers lower barriers to […]

Venezuelan President Nicolas Maduro discussed the possible future of the national cryptocurrency system following the so-called PDVSA-Crypto scheme, which resulted in the loss of $20 billion in unaccounted oil sales paid in crypto. Maduro stated that the country needed to retake the crypto path but gave no indications regarding the revival of the national cryptocurrency […]

Floki Inu (FLOKI), a popular meme coin, has been making headlines, but not necessarily for positive reasons. The Floki Inu (FLOKI) price has …

Two weeks ago I attended the Democratic National Convention. The chief reason I did so was to try and encourage an impartiality to our coverage of politics as it relates to the election and Bitcoin here at Bitcoin Magazine. Earlier this year we were invited the the Republican National Convention at the last minute, after […]

Amid ongoing volatility for the Bitcoin price, which has struggled to reclaim its all-time high of $73,700, bullish predictions continue to emerge for the leading cryptocurrency. The latest forecast comes from VanEck, asset manager and Bitcoin ETF issuer with over $100 billion in assets under management. Bitcoin Price Projection In a recent update, VanEck projected […]