A widely followed cryptocurrency analyst and trader believes Bitcoin (BTC) is gearing up for a big bounce. The analyst pseudonymously known as Credible Crypto tells his 393,300 followers on the social media platform X that Bitcoin could reclaim the $68,000 level within days. “Not much has changed here folks, but lots of alts are now […]
One US state is revealing large holdings in two significant Bitcoin (BTC) trusts. New 13-F Filings with the U.S. Securities and Exchange Commission (SEC) reveal that The State of Wisconsin Investment Board has BTC exchange-traded fund (ETF) holdings with Blackrock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust (GBTC) totaling near $163 million. IBIT and GBTC are the top two Bitcoin-based ETFs by trading […]
xAI Founder Elon Musk reacts to recent news about OpenAI and Stack Overflow deal
Shiba Inu is up by 7% in the past 24 hours amidst an uptick in the meme coin market, coming ahead of Dogecoin at this time. The meme coin niche has witnessed a strong resurgence in the past day, with the entire niche up by 7.82%. Shiba Inu has particularly done well and witnessed a […]
PRESS RELEASE. Geneva, Switzerland, May 14th, 2024 – TRON DAO today announced that Google Cloud has joined its roster of Super Representative candidates on the TRON blockchain. Super Representatives are responsible for producing blocks and packing transactions to help ensure blockchain governance on the TRON network. This initiative builds on TRON’s collaboration with Google Cloud […]
The services of cryptocurrency exchange Coinbase have been restored after a “system-wide outage” of over three hours. The exchange confirmed that its functionalities are “now fully recovered.” Coinbase is now fully recovered. We appreciate your patience and apologize for the inconvenience. https://t.co/AAzEMPaJGL — Coinbase Support (@CoinbaseSupport) May 14, 2024 Withdrawal Issues Persist However, many Coinbase […]
In the Netherlands, open source developers are now liable for how their software is used. Alexey Pertsev, a 31-year old Russian national living in the Netherlands and one of the developers of the Ethereum-based privacy tool Tornado Cash, was today found guilty of money laundering by the Dutch court: he’s been sentenced to 64 months […]
Salim Ramji spoke highly of Bitcoin and blockchain technology when overseeing BlackRock’s spot Bitcoin ETF filing.
TL;DR Tether Freezes Funds: Tether has frozen 5.2 million USDT tokens linked to 12 Ethereum addresses suspected of money laundering by phishing groups, highlighting increased security measures in the crypto space. Historic Actions: This is part of a series of proactive freezes by Tether, including a past collaboration with OKX that led to the “largest-ever freeze of USDT” involving […]
TL;DR The halving of Bitcoin mining rewards has significantly affected miners income. The temporary increase in transaction fees provided relief, but these fees have decreased again. There is a possibility that miners will be forced to sell their BTC reserves, which could negatively impact the market. The recent halving of Bitcoin mining rewards, an event […]
Banks are increasingly investing in Bitcoin through US-listed Spot ETFs. Recent SEC filings reveal investments by major banks including BNP Paribas and UBS, indicating growing institutional interest. Despite scepticism about crypto’s stability, banks hold significant positions in Bitcoin ETFs like iBIT and Grayscale. Banks are increasingly moving to adopt Bitcoin, and many do so via […]
Brazil’s GDP of US$1.92 trillion and a population of 218 million make it Latin America’s largest economy with growing crypto integration. Crypto usage among Brazilians is increasing, with trading volumes rising faster than in the United States. Brazilians show a strong preference for stablecoins, seeking USD stability amid local currency fluctuations. With a population of […]
BlockDAG Captures London’s Piccadilly Circus, Triggers $25.3M Presale, Challenging Injective Price Prediction & Avalanche Growth Making a spectacular appearance at London’s iconic Piccadilly Circus, BlockDAG‘s global presence signalled a burgeoning wave of interest and excitement across the crypto landscape. This pivotal event showcased BlockDAG’s impressive reach and its potential to rival the anticipated bullish trends […]
The movement of stolen cryptocurrency from the Poloniex hack in November 2023 is far from over. Although Poloniex claimed to have identified the attacker weeks later and offered a $10 million reward, the stolen funds were never returned. In the latest development, PeckShield, a blockchain investigation company, found that more than half of the stolen […]
A closely followed crypto strategist believes that astronomical gains are on the horizon for an altcoin initially built on the Ethereum (ETH) blockchain. Analyst Ali Martinez tells his 62,100 followers on the social media platform X that the native asset of a supply-chain management project VeChain (VET) appears to be mirroring its previous cycle’s market […]
400k Linux Servers Hacked to Mine Cryptocurrency … A new report from cybersecurity researchers at ESET has uncovered a massive botnet comprised of …
According to the candlestick arrangement in the daily chart, Bitcoin is moving inside a range. BTC is also down roughly 20% from the all-time high at spot rates. Though the series of lower lows posted in the past few trading days is bearish, one analyst is upbeat, expecting an encouraging recovery in the sessions ahead. This […]
This technical event occurs against backdrop of market uncertainty, adding to speculation about ADA price action
Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
After a record-breaking March driven by equally impressive Bitcoin (BTC) performance, spot volumes on the top 10 cryptocurrency exchanges dropped by more than 60% in April. According to a benchmark by Finance Magnates Intelligence, their trading volume fell from $2.1 trillion in March to just under $1.3 trillion in April. Cryptocurrency Exchange Volumes Plummet Post-Bitcoin […]
The following is an excerpt on the debasement of marriage from “Fiat Ruins Everything” by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. LOVE HAS BEEN debased. In the past, love referred to the virtues present in enduring, intimate relationships. It demanded sacrifice, discipline, and patience. […]
On Tuesday, shares of Gamestock and AMC Entertainment Holdings continued to soar, fueled by retail investors following the reappearance of Keith Gill’s online persona, ‘Roaring Kitty.’ This upward momentum also spilled over into the cryptocurrency market, with meme coins like roaring kitty (ROAR) jumping 175% and the wall street bets token rising 1,121% against the […]
An altcoin inspired by the Gamestop (GME) short-squeeze frenzy of 2021 has exploded over 2,000% after the movement’s leader made an internet appearance for the first time in nearly three years. Keith Gill, who pseudonymously goes as “Roaring Kitty” on the social media platform X, posted a gamer meme early on Monday, and has since […]
Digital assets manager CoinShares says institutions resumed investing in crypto products last week after a five-week break. In its latest Digital Asset Fund Flows report, CoinShares finds that digital asset investment products brought in $130 million in inflows last week after four weeks of outflows. “Digital asset investment products saw inflows for the first time in five […]
TL;DR CoinGate has integrated the Solana network into its payment gateway, allowing transactions in SOL and USDC. Merchants using the platform can now accept payments in SOL and USDC through the Solana network. The integration of Solana reflects the company’s commitment to adapt to the changing needs of the crypto community and offer broader payment […]
TL;DR A prominent Bybit trader accuses the Worldcoin team of system manipulation and predatory practices in their tokenomics. It is noted that Worldcoin could experience significant inflation due to unlocks and token issuances. The trader warns of possible risks for investors due to the massive sale of tokens and the disconnection of the project with […]
Tether’s CEO accused Ripple’s CEO, Brad Garlinghouse, of “spreading fear” about Tether’s USDt stablecoin during his recent appearance on a podcast. Garlinghouse says his intention wasn’t to criticise Tether, but to draw attention to what he believes is the US government’s crackdown on USD-backed stablecoins. This comes as Ripple prepares to launch its own native […]
1,000 BTC spread among two wallets has been liquidated following more than a decade of inactivity. The Bitcoin was initially transferred to the two wallets in 2013, when the price of the coin was under US$150. There’s been no public announcement of a big company liquidating assets, which has led the community to believe someone […]
Top 5 Crypto Presales of 2024 that Are Poised for High Returns – Invest Early for Maximum Gains Are you eager to uncover the top investment prospects in the cryptocurrency arena this year? As we explore the cryptocurrency market in 2024, investors are constantly on the search for lucrative crypto ventures that promise substantial returns. […]
[PRESS RELEASE – SINGAPORE, SINGAPORE, May 14th, 2024] Vyvo Smart Chain, a HealthFi ecosystem that rewards health tracking through data monetization, today announced that Vyvo has received U.S. Food and Drug Administration (FDA) clearance for LifeWatch, the company’s innovative wearable device for health & wellness tracking. This achievement marks a significant leap forward in the […]
London, U.K., May 14, 2024 (GLOBE NEWSWIRE) — Cryptocurrency is a growing interest for the world's financial institutions and massive investment …
Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per […]