Polkadot (DOT) is correcting gains from the $7.5 resistance against the US Dollar. The price could start another increase if it stays above the $6.75 support. DOT gained pace and tested the $7.5 resistance level against the US Dollar. The price is trading above the $7.00 zone and the 100 simple moving average (4 hours). […]

TL;DR TON Network Hits $200 Million TVL: The TON network achieved a significant milestone by surpassing a Total Value Locked (TVL) of $200 million. This growth is driven by the recent launch of the Open League within the TON ecosystem. Open League and DeFi Protocols: The TON Network’s valuation increase can be attributed to hosting […]

TL;DR Digital asset investment fund outflows amounted to US$251 million, marking the fourth consecutive negative period. ETFs debuted in Hong Kong with resounding success, attracting fund inflows of US$307 million in the first week. Ethereum broke a seven-week streak of net outflows with inflows totaling US$30 million, while Bitcoin recorded net outflows of US$284 million. […]

Both Ondo (ONDO) and Polygon (MATIC) recently established far more strategic partnerships and collaborations in order to expand their ecosystem and contribute towards further developments and updates to it. This could lead to an upswing in their value in the long-term. Similarly, KangaMoon (KANG) is surging upwards on the charts and could reach new levels […]

On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted $5 million during a pre-seed investment phase. Bitcoin L2 Projects Gain Momentum With New Financing Rounds Throughout […]

How long is accumulation of SHIB going to last?

[PRESS RELEASE – Arizona, United States, May 7th, 2024] Apu Apustaja, the widely recognized internet meme, has expanded its influence into the cryptocurrency market by transitioning into a memecoin. Known for its extensive popularity online, Apu now seeks to establish its presence on the Ethereum blockchain. On March 11th, 2024, Apu Apustaja was officially launched […]

Hong Kong police have launched a manhunt for at least four men who abducted a cryptocurrency investor and attacked her husband with a stun gun after …

The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ether ETF application.

The chief executive of market insights platform Fundstrat is reiterating that Bitcoin (BTC) will still post massive gains this year despite its choppy price action in the last six weeks. In a new CNBC interview, Tom Lee says Bitcoin’s bull market cycle is far from over. According to Lee, Bitcoin and other asset classes have […]

Australian Taxation Office (ATO) has requested personal data and transaction details from crypto exchanges of up to 1.2 million accounts to crack down on potential tax evaders, Reuters reported. This move marks a significant escalation in the ATO’s efforts to ensure compliance in the rapidly expanding digital currency market. Oversight of Crypto Tax Compliance ATO’s […]

Metaplanet, a decades-old Japanese Public company providing hospitality and technology-related services, recently announced a major strategic pivot – embracing Bitcoin as a core corporate treasury asset. Last month, Metaplanet revealed it acquired over $6 million worth of Bitcoin, marking the company’s foray into digital assets. This mirrors MicroStrategy’s pioneering move to allocate part of its reserves to […]

Susquehanna International Group, a behemoth in asset management with a trading volume handling numerous financial products globally, has made a substantial investment in Bitcoin through various exchange-traded funds (ETFs). A disclosure to the Securities and Exchange Commission (SEC) on May 7 revealed that Susquehanna held approximately $1.2 billion in spot ETFs during the first quarter […]

BlockDAG is transforming the cryptocurrency landscape with its advanced hybrid blockchain-DAG technology, backed by a strategic liquidity plan worth $100 million. Standing at the forefront of this year’s top 5 crypto presales in terms of ROI, BlockDAG joins other innovative ventures like Dogeverse, WienerAI, 99Bitcoins, and 5thScape in offering exceptional investment prospects. BlockDAG: Setting New […]

Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from the securities regulator. “The SEC’s continued attack on crypto, […]

Shiba Inu’s reversal halted, but there’s possibility of continuation in foreseeable future

Under the plan, 98% of FTX creditors will get up to 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX.

TL;DR ETH vs BTC Performance: Ethereum (ETH) experienced a significant 44% drop in value, which is over twice as severe as Bitcoin’s (BTC) 21% correction. This divergence in performance has led to questions about Ethereum’s speculative appeal and investor confidence. Speculative Interest: There’s a noticeable decline in speculative interest for Ethereum, especially among short-term holders, […]

The Securities and Exchange Commission (SEC) says there is a need to delist the Naira from cryptocurrency Peer-to-Peer (P2P) platforms.

Aussie trader Miles Deutscher believes the next few months of the crypto market will be an accumulation phase, where investors should continue strengthening their portfolios. He decided to test the convenience of trading bots by setting up an accumulation-based strategy – dollar-cost averaging. Deutscher is setting up the bots to make daily purchases of AUD […]

The hacker behind the attack on cryptocurrency exchange Poloniex in November 2023 recently transferred over 1,100 Ether (ETH) to sanctioned crypto mixer Tornado Cash. The hacker sent the Ether in batches while still holding over $180 million worth of assets across different blockchains. Poloniex Hacker Launders 1,120 ETH According to data from Arkham Intelligence, the […]

Coincheck and Spacial Purpose Acquisition Company Thunder Bridge Capital Partners IV are progressing with a merger deal that will enable the Japanese cryptocurrency exchange to list on Nasdaq. Coincheck has reportedly submitted a proposal regarding the agreement to the SEC, signifying a significant step for both companies and investors seeking exposure to the growing crypto […]

It is often said that Bitcoin allows anyone to be their own bank. If you know anything about Bitcoin’s ethos and underlying tech, you’ve likely heard of this concept before. But do you know exactly how that works and why Bitcoin is more suitable as a store of value than your bank? To get the […]

In a post on X, crypto analyst Miles Deutscher laid out his strategic predictions for high-performing cryptocurrencies in the upcoming week to his 501,700 followers. His analysis delved deep into Bitcoin’s trading patterns, the surging AI-driven altcoin sector, and specific tokens that are displaying considerable potential due to recent developments and broader market dynamics. Bitcoin […]

SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market.

HodlX Guest Post  Submit Your Post   The advent of strong AI, or AGI, no longer seems like something coming out of a sci-fi book – it’s increasingly becoming our reality. Naturally, this trending topic has influenced the Web 3.0 space, prompting companies and investors to focus on AI integration. Remember the initial crypto boom when […]

A popular crypto trader thinks that the most recent correction allowed Bitcoin (BTC) to solidify the final base of its multi-month parabolic ascent. Analyst Kevin Svenson tells his 144,300 followers on the social media platform X that Bitcoin may have just completed base four of its parabolic curve pattern. The crypto strategist shares a chart […]

BlockDAG Targets $20 Valuation By 2027 As ‘Blockchain World’ Boosts Presale, Outshining Bitcoin Cash and Amidst Shiba Inu’s Rally The cryptocurrency scene is witnessing varied dynamics: Shiba Inu’s price hints at potential growth despite recent declines, while Bitcoin Cash holders grapple with market resistance.  Amidst this, BlockDAG stands out with significant momentum, bolstered by the […]

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it is “an outsized piece of the scams […]

Dogecoin (DOGE) profitability hits 82%, highest level in weeks

Extensive Cryptocurrency Selection: MultiBank.io offers a wide range of cryptocurrencies, including spot and derivatives trading, with leverage …

TL;DR Gary Gensler criticizes the lack of transparency in the crypto market, showing ignorance about its benefits. It highlights the lack of required disclosures for investors in the market. The SEC is taking action against entities such as Robinhood and Trump Media’s auditor for alleged irregularities. Gary Gensler, chairman of the United States Securities and […]