Dogecoin is seeing surge of whale activity, but the price’s future is somewhat uncertain

Recently, a popular crypto trader and YouTuber has predicted a substantial surge in Solana price, forecasting it could reach as high as $360 soon. This prediction is underpinned by a technical pattern on Solana’s chart—a bullish signal suggesting a potential reversal from bearish to bullish momentum. Technical Insights Into SOL Potential $360 Rise According to […]

Crypto bank Anchorage Digital is drawing attention for suddenly accumulating massive amounts of one decentralized finance (DeFi) altcoin. Blockchain tracking firm Lookonchain says that Anchorage Digital has used 13 wallets in the past month to accumulate more than $49.4 million worth of MKR, the native token for the DeFi protocol Maker. The most recent purchases […]

The U.S. Securities and Exchange Commission (SEC) says that Ripple Lab’s planned new stablecoin qualifies as an “unregistered crypto asset.” In a new court filing, the regulatory agency says that not only has Ripple been selling XRP – the digital asset used to operate the XRP Ledger – as an unregistered security since 2013, but […]

In addition to introducing the cryptocurrency ETF, both parties plan to explore the seamless integration of Bosera International's asset management …

The role of crypto market makers is poorly understood: do they simply ensure crypto trades go through… or do they manipulate crypto markets?

TL;DR Short Positions Increase: Ether traders have ramped up their short positions, anticipating a price drop, especially after Grayscale Investments withdrew its Ethereum ETF application. The market is at a tipping point with $345 million in shorts at risk if ETH rises by 3%. Regulatory Uncertainty: The withdrawal of Grayscale’s ETF application has intensified doubts about Ether’s classification […]

TL;DR Impending Milestone: Solana is on the verge of potentially surpassing Ethereum in transaction fees, a significant achievement for its reputation as an “Ethereum-killer.” Scalability and Costs: Solana’s approach to scalability aims to provide low transaction costs within its own ecosystem, contrasting with Ethereum’s layer-2 solutions. However, recent network disruptions have raised concerns about Solana’s […]

As the new trading week kicks off, several cryptocurrencies are making waves in the market, capturing the attention of investors and analysts alike. According to data from Santiment, three tokens stand out as the top trending assets in the crypto space. The top trending tokens in #crypto today are: #Worldcoin $WLD: The #AI asset has […]

Singapore has disowned the collapsed cryptocurrency project Terraform Labs, saying the platform was not performing activities requiring a license from the MAS and was neither licensed nor exempted from licensing by the regulator. The city-state has also downplayed the impact of the Terraform Labs saga on its financial systems. Responding to a question by a […]

A widely followed crypto analyst says that Bitcoin (BTC) may be acting as a “more volatile version” of the stock market. In a new video update, crypto strategist Benjamin Cowen tells his 801,000 YouTube subscribers that Bitcoin may be following in the footsteps of the Russell 2000 Index, NASDAQ and S&P 500. According to the […]

A new Ethereum (ETH)-based USD-pegged stablecoin is getting a boost from one of the world’s largest crypto exchanges. Ethena Labs has announced that USDe, the stablecoin of the Ethena (ENA) ecosystem, is being integrated by Bybit, the third largest crypto exchange by trading volume. “We are excited to share one of the most important developments for USDe adoption to date. As of […]

Ethereum crossed US$3,200 after a significant network expansion, marked by a record number of new wallet addresses. Despite a 5% price correction, the increase in wallet holders to 121.17 million suggests rising investor confidence and market strength. Post-Bitcoin halving, Ethereum’s price initially fell sharply but has since recovered, underscoring the market’s resilience and potential for […]

Entertainment-focused zkSync hyperchain Sophon has raised roughly $60 million in less than a week after commencing its node sale. According to an announcement sent to CryptoPotato, the $60 million raised will be added to a $10 million raised over a month ago in a funding round led by several top crypto firms, including OKX Ventures, […]

FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate, Alameda Research. This fund will ensure payments of 118 cents on the dollar for 98% of creditors with […]

Market entering reversal mode, but there are still some issues ahead

In the wake of the November 2022 crypto market crash, which saw the bankruptcy and collapse of FTX and other firms, Solana (SOL) has emerged as a standout performer, experiencing a year-to-date price increase of over 560%.  With a market capitalization of $67 billion, Solana has secured its place as the fifth largest cryptocurrency, trailing […]

Founded in 2014, Kaiko is a leading source of cryptocurrency market data with 200+ enterprise clients with global connectivity to real-time and …

Coincheck and Thunder Bridge Capital filed their registration statement with the SEC, bringing their merger and Nasdaq listing closer to completion.

Ethereum co-founder Joseph Lubin is issuing a warning about the U.S. Securities and Exchange Commission (SEC), saying the regulator’s current policies on crypto will have a lasting effect on the industry. In a new interview with Wired, Lubin says that if ETH is declared a security by the SEC, people in the US won’t be […]

TL;DR GDA and YPF Luz have established a partnership to develop a Bitcoin mining facility in Argentina, utilizing stranded gas from oil fields. The plant, located in Rincón de Los Sauces, Neuquén, has a capacity of 7 MW and houses 1,200 BTC mining machines. The techniques employed not only prevent environmental damage by reusing stranded […]

Many observers have been dunking on NFTs ever since the digital asset peaked in 2021. Much of the criticism NFTs have received is fair—at the time, their proponents were believing their own BS. Markets do become irrational. The “gem” of the sector, BAYC, has fallen to insanely low floor prices; holding BAYC NFTs is no […]

Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive reports from the other spot bitcoin funds. Fidelity, Ark Invest, Invesco Report Gains While GBTC Struggles […]

Cramer’s latest statement is particularly noteworthy, given current uncertainty on market

Bitcoin price failed to clear the $65,500 resistance. BTC is now moving lower and there are a few bearish signs emerging below the $63,500 level. Bitcoin started a fresh downside correction and traded below $63,500. The price is trading below $63,350 and the 100 hourly Simple moving average. There was a break below a major […]

Trump has shifted from staunch crypto critic to expressing a more accepting and supportive stance. Standard Chartered predicts a second Trump term could boost Bitcoin, enhancing regulatory conditions and market confidence. Trump’s return could drive foreign US Treasury withdrawal, fostering Bitcoin’s use as a hedge against de-dollarisation. Donald Trump, former US President and currently in […]

The Australian Tax Office (ATO) has announced a new record-matching program that seeks to access the details of up to 1.2 million crypto exchange account holders every year. ATO says the program doesn’t generate automated enforcement actions and will be used mainly to inform crypto investors of their tax obligations. Beware, Australian crypto investors—the ATO […]

[PRESS RELEASE – London, United Kingdom, May 8th, 2024] The presale for World of Pepe ($WOP), a new frog-themed meme coin on the Solana blockchain, is now underway. World of Pepe is following the fundraising method first used by Book Of Meme founders and later by projects like $SLERF. Over 100 SOL has been raised […]

Cryptocurrency purchases, considered imports, have broken records in Brazil, putting some weight into the nation's trade balance.

U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange.

London-based digital banking firm Revolut has introduced Revolut X, a cryptocurrency exchange tailored for professional traders, marking the institution as the pioneer in developing a dedicated platform for cryptocurrency trading within the banking sector. Crypto Offerings with New Exchange Platform With a user base of 40 million worldwide, Revolut has already facilitated cryptocurrency transactions through […]

A closely followed crypto trader believes that Solana (SOL) just witnessed its last major correction for this market cycle. Pseudonymous analyst Inmortal tells his 213,300 followers on the social media platform X that SOL bulls successfully defended support at around $120. The trader shares a chart suggesting that the blue-chip altcoin is now poised to […]