Bitcoin miners could increase profitability and improve “bad balance sheets” by allocating some of their energy capacity to the AI and HPC sectors, according to VanEck.
Retail investing is still driving spot Bitcoin (BTC) exchange-traded funds (ETFs), but more institutions are sinking capital into the new products each quarter, according to a senior analyst with crypto intelligence platform K33 Research. K33’s Vetle Lunde notes on the social media platform X that 262 additional professional firms purchased investments in spot BTC ETFs, […]
Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by broader financial factors. Jack Mallers, the founder of Strike, shares this sentiment, asserting that “bitcoin is the best expression of […]
Former President Donald Trump continues to captivate public interest with his latest financial disclosures, which expose the complex sources of …
Cardano has witnessed intense trading activity as market eyes price reversal
A decentralized finance (DeFi) altcoin is outperforming the broader crypto market this week, sparking a 30% surge amid inflation rate cuts. In a new blog post, DeFi protocol Curve Finance (CRV) says that for its fourth birthday, it is undergoing one of the most significant emissions reductions in its history, one that ends all emissions […]
Polkadot has been on the down low since last month with investors and traders pulling out of the market. According to CoinGecko, the token is down more than 16% in the past 2 weeks. With the bears in control of the market, Polkadot’s short-term gains might be compromised. Despite showing that Polkadot can still pack […]
TL;DR Circle’s New Framework: Circle introduces the Token Capital Adequacy Framework (TCAF) to enhance stablecoin risk management, addressing unique challenges like market volatility and technological risks. Dynamic Risk Management: TCAF uses stress-testing and stakeholder input to create adaptive capital requirements, ensuring stablecoin issuers maintain adequate reserves for potential losses. Industry Impact: This innovative approach sets […]
Back in 2019, Justin Wilson, a young IT professional, would juggle two jobs to pay off his tuition debt. Though one might find it hard to believe, one fine day, everything changed for Wilson. He stumbled upon a hidden gem, Solana (SOL). Back when Solana was trading at just $1 per coin, Justin took a […]
On Aug. 15, crypto compliance and research firm Chainalysis released the first part of its 2024 crypto crime report. The firm revealed that aggregate illicit activity on-chain has dropped by 19.6% year-to-date, down from $20.9 billion to $16.7 billion. It added that this demonstrates “that legitimate activity is growing more quickly than illicit activity.” Part […]
The lawyer’s claims spark questions about market stability amid the potential sale of Silk Road Bitcoin by the US Marshals.
Eric Trump, son of former President Donald Trump, recently shed some light on the mysterious crypto project that he and his brother, Donald Trump Jr., have been hinting at. In an exclusive interview with the New York Post, Trump revealed that the project revolves around “digital real estate.” He emphasized that this venture is “equitable” […]
Brian Klein, a top cryptocurrency lawyer, defends clients in high-profile cases, setting legal precedents in blockchain and fintech law.
Shibarium’s 83.6% transaction crash shakes Shiba Inu as SHIB and BONE defy downturn with price increase
Ethereum (ETH) price has struggled amid another market shakeout. The second-largest cryptocurrency by market capitalization fell below the $2,600 support zone for the third time in the past week, prompting crypto analysts to evaluate the next levels to watch out. ETH’s Key Support Zone To Watch Out The crypto market has seen several retraces throughout […]
If the fund was aiming to increase its Bitcoin exposure, there would be more “evidence of direct exposure initiatives,” according to an analyst.
The newly launched native token for a Web3 infrastructure project skyrocketed by 38% this week despite the wider crypto market downtick. AVAIL, the utility token for the Avail ecosystem, is trading at $0.151, up from $0.109 seven days ago. The 190th-ranked crypto asset by market cap is also up more than 3% in the past […]
Safely and quickly turning digital assets into cold, hard cash is paramount for many investors in the fast-paced world of cryptocurrency. One of the emerging players within this space is the Cryptoheap, which has created creative solutions to help in this conversion with more earning potential. This article discusses the CryptoHeap, ways to earn from […]
TL;DR 2024 Predictions: Pyth Network (PYTH) is expected to trade between $0.29 and $1.38, with potential growth of up to 376.93%. 2025 Forecast: Estimates vary widely, with predictions ranging from $0.30 to $4.52, reflecting differing market outlooks. Long-Term Outlook: By 2030, PYTH could potentially reach up to $10, driven by its innovative data model and […]
Memecoins have ruled the market in the last few years with leading coins DOGE and Shiba Inu (SHIB) and new memecoins like Book Of Memecoin (BOME), but the trend has changed, and utility coins are now leading the market. DTX Exchange is emerging as the main competitor of the memecoins like Book Of Memecoin (BOME) […]
[PRESS RELEASE – Delaware, United States, August 16th, 2024] Led by Finality Capital and Paper Ventures, with participation from Arrington Capital, Draper Dragon, Lightshift, and others. Holonym Foundation, an organization building the next generation of digital identity security for the decentralized web, is announcing the completion of a successful $5.5 million seed funding round. The […]
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move aligns with a broader trend in the bitcoin mining sector, where firms have collectively secured $2.1 billion through stock offerings since […]
Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), revealed this during a stakeholder engagement with the Senate and …
Huge rise in whale activity detected for Bitcoin
The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in […]
The positive inflows into ETFs from major players like Fidelity and BlackRock highlight the growing confidence in the investment vehicles.
A widely followed cryptocurrency analyst and trader who nailed the 2018 Bitcoin bottom is expressing bullish sentiment on Bitcoin (BTC). Pseudonymous crypto strategist Bluntz tells his 269,300 followers on the social media platform X that he believes Bitcoin has likely bottomed out after completing an ABC corrective move on the four-hour chart. Bluntz is a […]
Real Vision analyst Jamie Coutts believes that Bitcoin (BTC) could reach a six-figure price during the current cycle. Coutts says that compared to previous bull cycles witnessed in 2017 and 2020, Bitcoin is likely to record diminishing returns this time round. According to Coutts, Bitcoin rallied by 19X in 2017 and 6X in 2020 but […]
Check Point Research (CPR) has uncovered Styx Stealer, a new malware capable of stealing browser data, cryptocurrency, and instant messenger sessions. Styx Stealer is a variant of Phemedrone Stealer and includes new features like auto-start and crypto-clipping. The malware was traced back to a developer linked to the Agent Tesla threat actor “Fucosreal.” During debugging, […]
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TL;DR Bitcoin funding rates on Binance have hit their lowest level of the year. The average indicator of funding rates across all exchanges has also turned negative. This change suggests a dominance of short positions and a short-term bearish sentiment. Bitcoin funding rates on Binance, the world’s largest cryptocurrency exchange by trading volume, have seen […]
The crypto market is struggling to get enough momentum for the next bull run, with top altcoins entering a consolidation phase. Despite this gloomy outlook, a savvy Dogecoin (DOGE) trader has spotted two tokens poised to soar by 4,000% soon. These are Shiba Inu (SHIB) and RCO Finance (RCOF), a new Ethereum token. Why does […]