For months Bitcoiners have been bitterly debating the Ordinals phenomenon and the large amount of trading activity and congestion they brought to the chain. It’s a very nuanced clash where it’s difficult to find the correct “ideological” response. I won’t be trying to give a definitive answer here, as that’s ultimately up to the community […]
Solana started a fresh increase above the $142 resistance. SOL price is up nearly 8% and might continue to rise if it clears the $150 resistance. SOL price recovered higher and tested the $150 resistance against the US Dollar. The price is now trading above $1452 and the 100 simple moving average (4 hours). There […]
The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao.
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, reported a system-wide outage in its services, affecting customers’ crypto operations. On its status site, Coinbase stated that it was aware that “some users may experience failures when sending crypto or withdrawing fiat,” and declared it was working to fix this issue. Later, the exchange recognized experiencing […]
He emphasized that bitcoin's price, while significant, isn't the most interesting aspect of the cryptocurrency. Instead, Dorsey highlighted the …
Asset manager ARK Invest and fintech firm 21Shares have made key revisions to their application for a spot Ethereum (ETH) exchange-traded fund (ETF). Based on the updated ARK 21Shares Ethereum ETF registration statement submitted to the U.S. Securities and Exchange Commission (SEC) on May 10th, the firms are scrapping the ability to stake a portion […]
The crypto whale who lost $71 million worth of wrapped bitcoins (WBTC) via a dusting attack has recovered the stolen funds after negotiations with the hacker. According to a tweet by blockchain security firm PeckShield, the scammer began returning the funds on May 9 and completed the process on May 11. Stealing $71M WBTC The […]
TL;DR Digital asset investment products saw inflows for the first time in five weeks, totaling $130 million. The majority of the inflows came from the United States, with Grayscale experiencing its lowest weekly outflows since January, totaling $171 million. Despite the positive trend, there was caution among Ethereum investors, with fund outflows of $14 million […]
TL;DR Antonio Juliano, founder of dYdX, leaves the position of CEO to take over as president. Ivo Crnkovic-Rubsamen becomes the new CEO. Juliano emphasizes the importance of DeFi and the company’s continued growth in the crypto landscape. The founder of dYdX, Antonio Juliano, has announced his decision to step down from his position as CEO […]
Peter Schiff might not have as much hate toward Bitcoin as you may think
Coinbase, the largest cryptocurrency exchange in the US, is “experiencing a system-wide outage” that has directly impacted its services. Both desktop and mobile platforms of the crypto exchange are not working. Coinbase Is Down The reason behind the outage remains unclear as the exchange ensured that it is “investigating this issue.” According to the status […]
United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P., citing national security concerns. The order, based on findings outlined by the President, aims to safeguard critical assets near Francis E. Warren Air Force Base (Warren AFB) in Cheyenne, Wyoming. The President’s […]
The return of Keith Gill, a man closely linked to GameStop’s stock rally in 2021, has unleashed a massive flood of Solana-based meme coins through the pump.fun protocol. GME Stonks, GameOver, and KiethGillWifHat are just a few examples of tokens launched through pump.fun in the last 24 hours after Gill—a financial analyst and investor also […]
We do the research, you get the alpha! Go to Alpha Reports Former professional kickboxer turned social media provocateur Andrew Tate claims that he has cashed out $500,000 in Bitcoin to invest in GameStop and other meme coin stocks to spite hedge funds. “There’s a hedge fund manager who, when he wakes up tomorrow morning—if […]
BlockDAG’s Updated Roadmap Projects $30 by 2030, Leading Among Shiba Inu (SHIB) Price Recovery & TRON’s Digital Push Amid the broader market’s downturn, the Shiba Inu (SHIB) price is hinting at a potential upswing. Meanwhile, TRON (TRX) continues to capture the attention of TRON (TRX) investors with its rapid transaction capabilities. However, it’s BlockDAG that’s […]
Chainlink’s LINK price is struggling to surpass the $13.80 resistance. The price could continue to move down if it breaks the $13.00 support. Chainlink price is showing bearish signs below the $14.00 resistance against the US dollar. The price is trading below the $13.60 level and the 100 simple moving average (4 hours). There is […]
Historical Bitcoin performance data and investors’ expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound.
A closely followed crypto analyst believes Bitcoin (BTC) is entering into a bullish reversal phase after a post-halving correction. The pseudonymous analyst known as Rekt Capital tells his 466,400 followers on the social media platform X that Bitcoin seems to be following a 2016 cycle pattern when Bitcoin dipped after the halving event – during […]
Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies. Concurrently, Prime Minister Justin Trudeau is proposing an increase in capital gains taxes from 50% to 66% for any […]
Moniepoint Microfinance Bank has written to its customers, warning them not to trade in cryptocurrency and other Virtual assets.
Crypto asset management giant Grayscale says there’s a “renaissance” in Bitcoin development, with several new Layer 2s (L2s) worthy of keeping an eye on. In a new investor report, Grayscale analyst Michael Zhao argued how these technologies may both bring new use cases to Bitcoin and foster more market demand for BTC. Rollups On Bitcoin […]
As cryptocurrency market optimism surges, largest meme cryptocurencies lead way
TL;DR Short-term Bitcoin investors are behind the recent price drops due to negative economic concerns in the US. Despite the sell-off by short-term investors, long-term BTC holders are not following the same path. The BTC network has surpassed one billion transactions, showing its strength and potential for future value. Amid global economic uncertainty, Bitcoin (BTC) […]
TL;DR GameStop’s Solana token soars 1,900% in 24 hours, indicating renewed interest in meme coins. Dogecoin leads the market with an 8% increase, followed by Shiba Inu and Pepe with notable gains. Positive comments from political figures like Donald Trump impact the market for related meme coins. The recent revival of interest in GameStop stock […]
While the focus has mainly been on Bitcoin and Ethereum through the downtrend, other smaller altcoins such as Theta Network with much more potential have been flying under the radar. However, crypto investors are no longer ignoring these altcoins and have begun to call out the opportunities in these cryptocurrencies. Theta Network Is Looking At […]
Bitcoin’s strong rebound of the $60,000 level is encouraging but it still could be a hint that BTC’s range-bound action could continue for some time.
A trader who accurately called the beginning of the 2021 bear market meltdown says that the low for Bitcoin (BTC) is likely already in, based on historical patterns. Pseudonymous analyst Dave the Wave tells his 190,000 followers on the social media platform X that Bitcoin’s monthly moving average convergence divergence (MACD) indicator has slightly contracted, […]
We do the research, you get the alpha! Go to Alpha Reports Fresh cash has started hitting Bitcoin exchange-traded funds (ETFs) again after five weeks of outflows. A Monday report from European asset manager CoinShares shows $130 million entering the funds last week. CoinShares tracks all crypto funds from the U.S. to Europe and Australia. […]
BlockDAG’s Explosive $600M Roadmap for 2024 Unveiled! Why Every YouTuber is Rushing to Support It After Retik Finance’s Launch! BlockDAG is stealing the limelight on YouTube and other social platforms, thanks to its impressive $25.4 million presale in the latest batch. While the Retik Finance launch takes its toll with a vibrant community giveaway, BlockDAG’s […]
Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of this upgrade, stressing that it would allow users to complete stablecoin payments leveraging affordable LN transaction fees. Lightning Labs CEO […]
Last month, a 91-year-old woman attempted to deposit $30000 into a bitcoin ATM at King City Wireless in Springfield, Illinois, before being …