It’s safe to say that the cryptocurrency market went through a lot during the past couple of days, with prices tumbling to levels not seen since February. It appears that the bulls are now attempting a comeback or, at the very least – a slight recovery. Bitcoin Price Increases Above $56K At the time of […]

As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull markets experienced several […]

Dogecoin price crash triggers major sell-off from whales

Should you decide to invest in cryptocurrency or in any other investment, you should always obtain appropriate financial advice and only invest what …

Nine of the largest banks in the world are settling a long-running lawsuit that accuses them of conspiring to rig a $465.9 trillion market. Lawyers representing investors have filed for preliminary approval of a $46 million cash settlement against JPMorgan Chase, Bank of America, Goldman Sachs, BNP Paribas, Citigroup, Deutsche Bank, Morgan Stanley, NatWest and […]

The co-founders of crypto market intelligence firm Glassnode say that Bitcoin (BTC) could double up before finding its cycle top. In a new thread, Glassnode co-founders Jan Happel and Yann Allemann  – who go by the handle Negentropic – tell their 63,300 followers on the social media platform X that market sentiment appears to be […]

Despite the broader market downturn, many memecoins are proving resilient, with a significant portion of their holders still in profit. Leading the pack are $MOG and Pepe ($PEPE), which boast the highest percentages of profitable holders. Traditional favorites like $DOGE and $SHIB also demonstrate remarkable resilience, maintaining a considerable number of holders in profit despite […]

LayerZero (ZRO) has become one of the first altcoins to bounce amid the market retrace. The token has registered green numbers despite its controversial token airdrop last month.  As a result, investors and market watchers remain bullish on ZRO’s long-term performance. From ZRO To Market Hero In late June, the omnichain interoperability protocol LayerZero launched […]

BTC selling volumes generated by nation states are a drop in the ocean this bull market, argues CryptoQuant’s Ki Young Ju.

A trustee of defunct crypto exchange Mt. Gox says that some of its creditors have received compensation in the form of digital assets. In a new statement, Mt. Gox trustee Nobuaki Kobayashi says that some Mt. Gox creditors have received Bitcoin (BTC) and Bitcoin Cash (BCH) as reimbursement as a part of the firm’s rehabilitation […]

Peter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the repayment of Mt Gox creditors, set to flood the market with close to 142,000 BTC between July and October. According to Chung, BCH will hurt the most with this selloff, given its weaker investor […]

The largest cryptocurrency is under severe bearish pressure following a recent transfer by the Mt. Gox exchange

Talkin' With Tom and Tony. Tesla Covered Calls and Cryptocurrency Tips. | Jul 5, 2024. Up Next. Expires in 4 days.

TL;DR Market Downturn: The cryptocurrency market has seen a significant drop, with Bitcoin (BTC) falling to a low of $53,485 and altcoins like Ethereum (ETH), Binance Coin (BNB), and Cardano (ADA) experiencing substantial losses. The total market cap has decreased by nearly $250 billion. Investor Panic: Fear has gripped the market due to Mt. Gox’s […]

Bitcoin has slumped in the past week, falling 6% to sit well under the US $60k milestone. Several catalysts are behind the drop – largely, investors are concerned about the impact of US $150m+ Bitcoin re-entering supply. The German government seized and released over US $75m worth of BTC in the past week, while Mt. […]

TL;DR ChatGPT highlighted two cryptocurrencies as top meme coins that could perform well if Bitcoin reaches $100K, due to their strong community support and historical performance. Lesser-known memes like MAGA (TRUMP), Jeo Boden (BODEN), and Kamala Horris (KAMA) could also see gains, additionally influenced by the upcoming US Presidential elections. ChatGPT Picks These Memes Meme […]

The cryptocurrency market witnessed a significant setback as the Bitcoin price plummeted below the $58,000 level. This downward move has raised concerns among bullish investors, suggesting a potential continuation of the downtrend toward the $44,000 support level.  Bitcoin’s failure to consolidate above and retest its all-time high (ATH) of $73,700, reached in March, has resulted […]

The use of blockchain and AI for improvement in various areas of society is essential in Africa now more than ever.

Bitcoin fell below $56,000 in the last 24 hours, marking a 5.87% drop, while Ethereum (ETH) plummeted below $3,000, suffering a 9.96% decline. The entire crypto market saw a massive liquidation of $576 million, with long orders accounting for $499 million of this total. Bitcoin fell below $56,000, a 24-hour drop of 5.87%. ETH fell […]

The regulator overseeing South Korea’s financial institutions is unveiling a new surveillance system for illicit crypto activities as the nation prepares to enforce its first digital asset user protection law. In a new statement, the Financial Supervisory Service (FSS) says that it has collaborated with local crypto exchanges to develop a 24-hour monitoring system for […]

A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto projects are advised to adopt comprehensive […]

Does price of XRP have enough energy for local rise?

In recent years, football clubs have been increasingly embracing cryptocurrency as a means to enhance fan engagement and betting experiences.

In a Nigerian court on Friday, July 5, Binance’s illegal operations were highlighted, with Central Bank official testifying on lack of necessary licenses and regulatory approval.

Over the past few days, crypto markets have tanked 15% with more than $350 million exiting the space. Monthly support levels have been broken sending crypto assets to their lowest levels since late February as bearish sentiment returns. However, the 28% market correction is nothing new and has happened several times during every market cycle. […]

Following a widespread crypto market crash on Friday, the price of Ethereum took a severe price hit falling by about 10%. While the prominent altcoin has made a minor recovery since then, its price slip has revealed some vital information on the holdings of Tron founder and key crypto figure Justin Sun. Justin Sun $66 […]

JPMorgan Chase just issued a major warning to its 86 million customers. The banking giant says a list of new regulations moving through Washington, D.C. will force the company to begin charging customers for checking accounts, reports the Wall Street Journal. The bank cites proposed regulations from the Consumer Financial Protection Bureau and the Federal […]

A widely followed crypto analyst says that he’s identified when Bitcoin (BTC) could reach its cycle high if history were to repeat itself. In a new strategy session, crypto trader Rekt Capital tells his 481,200 followers on the social media platform X that the top crypto asset by market cap tends to peak 518-546 days […]

TL;DR Mt. Gox Repays Creditors After Decade: Mt. Gox, the infamous cryptocurrency exchange that collapsed in 2014, has finally started repaying its creditors after a long wait. Eligible creditors will receive their funds in Bitcoin and Bitcoin Cash through designated crypto exchanges. Market Jittery About Repayments: The repayments have caused some jitters in the crypto […]

TL;DR Schiff’s Warning: Peter Schiff, known for his skepticism towards Bitcoin, warns that the bear market is not over, predicting further losses for Bitcoin ETF investors. Market Reactions: His comments have sparked debate, with some suggesting his predictions may be inversely correlated with actual market outcomes. Investment Risks: Schiff highlights the high risks associated with […]

The German government transferred over 2,000 BTC to exchanges, intensifying market sell pressure. MP Joana Cotar advocates for the government to retain Bitcoin, enhancing national financial strategy. Cotar leads the “Bitcoin in the Bundestag” initiative, promoting legislative understanding and support for Bitcoin. As Bitcoin dips, many look to the reasons why. The Mt. Gox creditor […]

Ran Neuner acknowledges significant selling pressure but isn’t worried, citing no fundamental changes or catastrophic events affecting Bitcoin. He highlights past market cycles where drawdowns were much larger, suggesting the current dip doesn’t signal an end to the bull market. Neuner notes that accumulating short positions could lead to a short squeeze, potentially driving Bitcoin […]