The Bitcoin price plunged this week, sinking below $55,000 for the first time since February as the now-defunct Mt Gox exchange began distributing billions in owed funds. Mt Gox announced it has started repaying creditors, ending years of waiting stemming from its 2014 collapse. The Japan-based exchange will distribute approximately $9 billion worth of Bitcoin, […]
MANTRA has successfully launched its first $OM Liquidity Pool (LP) on the Base chain. Following approval, MANTRA worked swiftly to integrate $OM into the Base chain ecosystem. The existing OM/ETH LP on Uniswap, which already boasts over $5 million in liquidity, allows for seamless swaps on Ethereum. The deep liquidity of the OM/ETH pool is […]
Charles Hoskinson issues important reminder about true purpose of digital assets
BTC's decline is being attributed to the potential $9 billion repayment in collapsed cryptocurrency exchange BTC by Mt. Gox. Concurring with this …
On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This significant transaction came after several test transfers were conducted earlier on July 4. The trustee had previously announced that […]
XRP price tumbled and dived below the $0.400 support zone. The price is consolidating losses and might struggle to recover above the $0.4150 resistance. XRP price gained bearish momentum below the $0.4240 support zone. The price is now trading below $0.4250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]
The second quarter saw a record number of Web3 unique daily active wallets, but DappRadar cautioned the growth may be due to temporary airdrops.
The chief crypto analyst of financial services platform Real Vision says that an on-chain metric indicates a bullish outlook for crypto. In a post on social media platform X, Jamie Coutts says blockchains are seeing a surge in daily active users (DAU), a metric indicating unique user engagement with a platform over a period of […]
TL;DR Bitcoin fell below $55,000, now at $54,200, potentially influenced by several elements. The market crash led to $670 million in liquidations, with the largest liquidated order happening on crypto exchange Binance. The primary cryptocurrency continues its freefall, dipping under the $54,000 mark today (July 5). Currently, it trades at around $54,200 (per CoinGecko’s data), […]
In a recent interview with Bitcoin Magazine, Ryan Gentry from Lightning Labs shared his insights on the various proposals aimed at enhancing Bitcoin’s scripting capabilities, focusing particularly on the approach taken by Rusty Russell’s new proposal, the Great Script Restoration Project. This initiative has stirred the Bitcoin development community by suggesting the restoration of previously […]
TL;DR Robert Kiyosaki warns of an imminent market collapse that will affect real estate, stocks, bonds, gold, silver, and Bitcoin. He predicts that the collapse will set the stage for a long-term bullish market cycle starting in late 2025, where BTC could reach a historical high of $10 million. He highlighted the decreasing trust in […]
TL;DR Justin Sun offers to buy the German government’s $2.3 billion Bitcoin holdings to prevent negative impacts on the market. The German government has been selling seized BTC since January, triggering market concerns. Sun’s proposal aims to stabilize the crypto market during the current period of uncertainty, with Bitcoin currently trading around $57,400. Tron founder […]
In the last week, 54 new wallets bought 2.08 million LINK worth US$30.28 million, indicating strong whale activity. Despite significant institutional interest and recent bullish developments, LINK’s price has fallen by 22% over the past month. Chainlink’s collaboration with Fidelity International and Sygnum enhances transparency and tokenised asset functionality. Whales like Chainlink it seems. According […]
GTA 6 is set for a 2025 release, exciting fans with the longest wait yet since the series began over 25 years ago. Rumours suggest GTA 6 may include cryptocurrency options, though these claims, fuelled by social media, remain unconfirmed. Ah, GTA 6! Has there ever been a more anticipated game? Related: Analysts Predict Bitcoin […]
Author of ‘Rich Dad Poor Dad’ Robert Kiyosaki predicts $10 million Bitcoin after big economic crash, heralding new bull market
Those who own cryptocurrency are more likely to have “dark tetrad” personality traits, according to a new study. Investors in digital currencies …
Bitcoin is fast selling off. At spot rates, the world’s most valuable coin dropped by over 5% on the last day of trading and continues to spiral lower, easily breaking $60,000. The psychological round number has been level to watch out for over the previous few days, especially following gains over the weekend. Bitcoin Is […]
According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years.
JPMorgan Chase just issued a warning on the economic impact of the presidential election. In a new interview with Bloomberg, JPMorgan’s Chief Global Strategist David Kelly targets former President Trump’s interest in increasing tariffs on imports to reduce income taxes. If Trump triumphs over Biden and hikes tariffs significantly, Kelly says the former president will have […]
As the crypto market buzzes with anticipation for Solana ETFs trading, Ondo Finance (ONDO), Render (RNDR), and ETFSwap (ETFS) are capturing the spotlight. These altcoins are poised to lead the market with their innovative solutions and unparalleled potential. ETFSwap (ETFS) Gears Up For Massive Gains Ahead Of Solana ETFs Trading ETFSwap (ETFS) has become the […]
Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo stated that he believes adding crypto to the national financial system might be beneficial as an alternative and remarked on the function of stablecoins as […]
A federal judge has ordered an Oregon man and his companies to pay over $83 million in restitution to victims of a fraudulent digital asset investment scheme that operated as “a classic Ponzi scheme,” according to court documents. Court Orders $83 Million in Restitution for Digital Asset Fraud Scheme Judge Mary Rowland of the US […]
[PRESS RELEASE – Dubai, United Arab Emirates, July 4th, 2024] Bybit, the world’s second-largest web3 platform by trading volume, solidified its commitment to fostering innovation and collaboration within the blockchain industry through a multifaceted sponsorship at the prestigious Swiss Summer Web3Fest and Crypto Valley Conference (CVC) in Switzerland in early June 2024. “Bybit was one of […]
The German government has transferred another chunk of its massive Bitcoin reserves to exchanges. According to blockchain data, the German Federal Criminal Police Office (BKA) moved roughly $75 million worth of Bitcoin across multiple transactions on July 4th. The funds were spread across exchanges, including Coinbase, Kraken, and Bitstamp. This comes after the government shifted […]
A social media-focused crypto project is reversing course on its decision to leave the blockchain of top US-based crypto exchange Coinbase. In a new announcement on the social media platform X, Friend.tech (FRIEND) says that based on community feedback, it no longer plans to leave Base to create its own blockchain. “We’ve heard your feedback: […]
A closely followed crypto strategist and trader is revealing his price targets for Bitcoin (BTC) and two altcoin projects. In a new strategy session, analyst Jason Pizzino tells his 329,000 YouTube subscribers that based on the average true range (ATR) indicator Bitcoin could soon break through key price target resistance levels. The ATR indicator measures […]
Prominent Bitcoin maximalist remains optimistic about BTC despite price crash, here’s why
Cryptocurrency price on July 4 quick take: The global market cap dipped to $2.17 trillion.
Popular crypto analyst Crypto Rover is navigating the choppy waters of the Bitcoin market, offering a measured analysis tinged with cautious optimism. In a recent YouTube video, Rover dissected the recent price action, highlighting both bearish indicators and potential bullish triggers that could send Bitcoin soaring. Bitcoin Tests Crucial Support, Buy Orders Set The immediate […]
The new tokenized assets offer the stability of the Bitcoin network with admirable yield.
Bitcoin’s price continues to fluctuate, dropping below US$60K multiple times before recovering to US$60,307 as market volatility persists. Despite a strong start with a 68.68% Q1 gain, Bitcoin faced a challenging Q2 with a 12% monthly loss and looming large repayments from the Mt. Gox case. Federal Reserve Chair Jerome Powell warns of an unsustainable […]
Despite market volatility and dips below US$60K, Glassnode sees strong investor profitability with many experiencing a 2x return on investment. Glassnode’s analysis highlights a high unrealised profit to loss ratio, indicating a bullish sentiment and a potential upcoming major market move. Swissblock anticipates a recovery in July for Bitcoin, supported by positive ETF flows, seasonal […]