TL;DR Bitcoin’s price dipped recently but has begun to recover, raising hopes for a potential rally in May. Favorable regulations and increased institutional adoption could fuel a significant BTC price rally (according to ChatGPT). What Are the Odds of a BTC Rally in May? Despite the promising start of the year and the surge to […]
After their initial court appearances on May 2, the former CEO and chief financial officer of Cred must enter their plea by May 8.
Big Four accounting firm Ernst & Young (EY) says the greatest transfer of wealth in human history is in motion, with trillions of dollars in assets passed down this year. In its Global Wealth Management Industry Report, EY estimates baby boomers will hand down up to $3 trillion in assets to their kin this year. EY […]
TL;DR Omni Network is an Ethereum-based protocol that aims to revolutionize the way different Ethereum systems communicate. It creates a unified, efficient platform for users and developers, and has distributed 3,172,260 OMNI tokens to early supporters and partners. The network bridges the gap between various rollups, creating a cohesive environment for decentralized applications (DApps). It leverages […]
A wallet for the meme asset Dogecoin (DOGE) is preparing to shut down. In a new thread on the social media platform X, Mishaboar, one of Dogecoin’s developers, tells investors to make sure they move their DOGE out of the Dogechain wallet before it shuts down on June 1st as well as keep a copy […]
BlockDAG’s X1 App Beta Launch Catalyzes Momentum Amid Ethereum’s Rise And Solana’s Uncertain Future BlockDAG’s innovative X1 mining app is set to launch as the crypto market sees varied trends, with Ethereum displaying bullish signals and Solana experiencing a downturn. BlockDAG‘s presale has successfully raised $22.3 million, with over 8.4 billion coins sold, setting the […]
Often referred to as simply “crypto”, cryptocurrency is a form of digital or virtual currency that uses cryptography to secure transactions. As it is …
The cryptocurrency market may be experiencing a cool down, but one meme coin is refusing to catch a cold. PEPE, a token emblazoned with the internet’s famous frog, has defied recent bearish trends with a surge in price and trading activity. This resilience has fueled speculation of a potential “bullish breakout” in the coming days, […]
Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin Trust (GBTC) appears to have halted the depletion of bitcoin following its […]
Grayscale Investments’ GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.
Bitcoin (BTC) is flashing a potentially bullish indicator amid an overall crypto market downtick, according to the digital asset analytics firm Santiment. The firm notes in a new post on the social media platform X that the percentage of the BTC network’s available supply in profit is 84.4%. Explains Santiment, “This BTC ratio is at […]
Bitcoin’s price has been going through some major moves throughout the past couple of weeks. The bulls are fighting to reestablish their dominance, staging a convincing recovery above $60K. But will it last? Technical Analysis By TradingRage The Daily Chart The price has been oscillating inside a descending channel on the daily chart for the […]
TL;DR Arthur Hayes, former CEO of BitMEX, suggests that Bitcoin could be poised for a gradual recovery. He attributes the recent market downturn to various factors, including the tax season in the United States and uncertainty about Federal Reserve policies. BTC’s potential recovery could be driven by an increase in dollar liquidity, creating upward pressure […]
A cryptocurrency analyst and trader is saying Bitcoin (BTC) may have reached a market bottom after correcting down into the high $50,000 range. The analyst pseudonymously known as Rekt Capital tells his 74,900 YouTube subscribers that Bitcoin’s latest correction is the cycle’s deepest, suggesting a further decline is unlikely. “This single corrective period is now […]
BlockDAG Now Accepts Payment In SOL, MATIC, KAS & 7 Other Coins Amidst Shiba Inu’s New Blockchain Launch & Bullish Cosmos Price Projections Amid the dynamic developments in the crypto landscape, BlockDAG is capturing attention by adding ten new payment options, coinciding with significant developments in the Shiba Inu ecosystem and shifting price predictions for […]
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Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his thoughts on the current Bitcoin price action. He stated that the flagship crypto has hit a local low and predicted what its future trajectory will look like. Hayes Says Bitcoin Has Bottomed In a recent blog post, Hayes mentioned that Bitcoin hit a […]
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin and Ether Lead in Volatile NFT Market; Weekly Sales Down 30% […]
Intriguing reason for SHIB, BONK, WIF price jumps explained
LayerZero Labs will enforce consequences for those who don’t self-report by May 17.
Dogecoin (DOGE) competitor Shiba Inu (SHIB) is announcing the completion of its highly anticipated Shibarium hard fork. In a new thread on the social media platform X, the team behind the dog-themed meme asset says they have officially completed the Shibarium hard fork, a move traders have been expecting since last year. “Shibarium has successfully […]
Crypto asset manager Pantera Capital announced on Thursday that it’s investing in the layer-1 altcoin TON, triggering a modest rally for the asset. TON is the native token for a layer-1 blockchain initially developed by the encrypted messaging platform Telegram. Telegram parted ways with the project in 2020 following a legal battle with the U.S. […]
Financial technology conglomerate Block, owned by X co-founder Jack Dorsey, has decided to invest 10% of all profits made from bitcoin-related products in monthly BTC purchases. Speaking to shareholders in a Q1 2024 earnings report, Dorsey outlined several reasons for the decision, addressing investors’ concerns about why Block is so focused on the largest cryptocurrency. […]
As long as money continues to flow into the new Bitcoin ETFs, the price of Bitcoin should trend higher.
The recently approved Hong Kong Bitcoin spot ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 total spot Bitcoin and Ethereum ETFs last week. NEW: 🇭🇰 Opening ceremony of Hong Kong spot #Bitcoin ETFs 👏 pic.twitter.com/ux1eb5PqRn — Bitcoin Magazine (@BitcoinMagazine) April 30, […]
Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a notable resurgence in its bullish momentum, with the Bitcoin price reclaiming the crucial $61,000 threshold. This recovery follows a week-long downtrend that led to a 20% drop to $56,000 on Wednesday. As the bullish momentum returns, the possibility of further testing upper resistance levels […]
JPMorgan Chase, Bank of America and Citibank are keeping trillions of dollars in unknown and potentially risky assets off of their balance sheets, according to new data from the US government. The new numbers – compiled by the Federal Financial Institutions Examination Council (FFIEC) and first reported on by Wall Street on Parade – show JPMorgan […]
HodlX Guest Post Submit Your Post The DeFi (decentralized finance) market has staged an impressive comeback over the past 12 months – with the TVL (total value locked) across all protocols doubling to $93 billion. Meanwhile, excitement surrounding the capabilities of generative AI continues to build. A Bloomberg report suggests this industry could be worth […]
TL;DR Tether, the issuer of the world’s largest stablecoin, USDT, has partnered with Chainalysis to monitor secondary market activity and combat illicit transactions. This collaboration aims to enhance oversight within the digital asset space by systematically tracking transactions involving USDT beyond direct trading with Tether. Tether has developed new tools that allow it to identify wallets that may pose […]
TL;DR Michael Saylor predicts that the SEC will classify Ethereum as a security this summer. This would result in the rejection of spot ETF applications. Other cryptocurrencies could face the same fate. The CEO emphasized Bitcoin’s position as the only cryptocurrency with full institutional acceptance, describing it as a universal institutional crypto asset without competition. […]
We do the research, you get the alpha! Go to Alpha Reports Bitcoin leaped over $61,000 in the hour that followed the release of a government employment report. At time of publication, the price of Bitcoin is around $61,640, up 5.2% on the day, according to data from CoinGecko. Bitcoin’s price surge followed the U.S. […]