Bitcoin faces reduced buying interest, negative Coinbase premiums, and decreased leverage. Slowed growth in demand from whales and sell-offs by miners contribute to supply pressures. Despite current prices below traders’ cost basis, some see it as support during bull markets. While Bitcoin is struggling to go back above US$60k (AU$91k) analysts at CryptoQuant have dampened […]

Bitcoin experienced a significant 6.0% drop in the past 24 hours, sparking fear and uncertainty among traders. However, this dip has also led to discussions about a potential relief rally on the horizon.  After #Bitcoin's -6.0% drop in the past 24 hours, we're starting to see an appealing level of #FUD that could be indicating […]

Astounding amount of SHIB meme coins acquired on popular investment platform by anonymous whale

In a legal saga that has captured international attention, a Nigerian court has adjourned the money laundering trial against cryptocurrency exchange Binance and two of its executives until May 17. The decision came after a lawyer representing the exchange informed the court that he had not been served with the essential documents necessary to prepare […]

Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000.

Aave Labs, the team behind the DeFi lending platform Aave, has proposed a slew of major upgrades and expansions two years after introducing its V3. The suggested improvements include Aave V4, Aave Network, a Cross-Chain Liquidity Layer, non-EVM L1 deployments, and a fresh visual identity. Aave V4 According to the latest blog post, Aave V4 […]

Leverage traders are seeing red after Bitcoin (BTC) suddenly plummeted below $58,000, dragging altcoins down with it. According to crypto data aggregator Coinglass, over $448,490,000 in liquidations have occurred in the last 24 hours – more than 84% from leveraged longs. Leading exchange OKX hosted the largest amount of liquidations at $171.28 million, followed by […]

A trader known for several accurate crypto market calls says that Bitcoin (BTC) may not be done correcting after suddenly dropping below $58,000. Pseudonymous analyst Dave the Wave tells his 146,700 followers on the social media platform X that he is closely watching to see if Bitcoin will hold as support at a key Fibonacci […]

… cryptocurrency uptake. For example, cryptocurrency exchange platforms are integrating banking services offering rewards paid in digital currencies …

Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States. On Thursday, Selkis voiced his concerns on the social media platform X, stating that a “second Biden term will lead to mass wealth confiscation and crypto seizures.” […]

UPDATE: Additional blockchain analysis indicates this purchase was the result of a for-profit “sat hunting operation” that was programmatically buying and withdrawing Bitcoin from Binance. The article has been revised accordingly. One of just four rare “Epic Sats,” as defined the Ordinals protocol, was discovered and withdrawn from the Bitcoin and crypto exchange Binance today. These special […]

The Bitcoin price continues to trend below $60,000 as a 20% decline triggered a brutal market-wide crash. This has exposed multiple critical support points for the cryptocurrency, some of which the price has already fallen below. In light of this, a crypto analyst known as Norok has revealed the level the BTC price must not […]

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Bitcoin (BTC) appears to be on the cusp of losing the crucial $60,000 support

MoonPay has partnered with PayPal to introduce a crypto purchasing option for cryptocurrency app users in the US. This service enables users to use PayPal for transactions via wallet transfers, bank transfers, and debit cards. The integration promises to enhance the accessibility and convenience of buying and trading cryptocurrencies by bridging the gap between traditional […]

A prominent early Bitcoin (BTC) investor was arrested in Spain over the weekend for allegedly evading $50 million worth of US taxes. Roger Ver, a noted supporter of Bitcoin Cash (BCH), faces charges including mail fraud, tax evasion and filing false tax returns, according to a new announcement from the U.S. Department of Justice (DOJ). […]

Analysts with the crypto exchange Bitfinex say two key metrics are suddenly flashing bullish for Bitcoin (BTC). In a new blog post, Bitfinex analysts say that Bitcoin’s Market Value to Realized Value (MVRV) ratio shows the price of the top-performing crypto asset is likely going up. MVRV is the ratio of Bitcoin’s market capitalization relative […]

Tether Holdings announces a record US$4.52 billion profit for Q1 2024, with significant growth in US Treasuries ownership surpassing US$90 billion. The company’s net equity increased to US$11.37 billion from US$7.01 billion at the end of 2023, supporting stablecoin operations with nearly US$6.3 billion in excess reserves. Tether continues to face regulatory scrutiny but confirms […]

US Federal Open Market Committee (FOMC) provide the latest update on economic health and direction. Bitcoin takes out March lows, what I want to see play out in the coming days. Altcoin analysis: SOL, NEAR It’s another month, and there’s plenty to talk about from day one.  Today we kicked off with significant news from […]

BlockDAG Beats TON Price Stability & LTC Volatility, Aims for $30 Pricing by 2030 Having strategic foresight is crucial in cryptocurrency investment. Among the myriad of emerging projects, BlockDAG shines as a symbol of stability and potential profitability. Unlike the volatility synonymous with LTC or the uncertainties surrounding TONNE, BlockDAG introduces a refreshing prospect of […]

TL;DR Chainlink’s LINK is poised for a rebound from its current $14 price, indicated by a positive TD Sequential buy signal. Prominent analysts forecast significant returns for the asset, supported by favorable on-chain metrics suggesting a bullish move. LINK Price Predictions Chainlink’s native cryptocurrency – LINK – is yet another digital asset that suffered the […]

For example, a mental health game could reward players with cryptocurrency for completing mindfulness exercises, combining therapy with the incentive …

A judge in Nigeria reportedly adjourned proceedings in a case against Binance and two executives until May 17 to allow lawyers to review certain documents.

On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the U.S. The company stated that the wallet will now operate as a standard non-custodial bitcoin wallet without the coinjoin feature. Zksnacks Withdraws Coinjoin Feature from Wasabi Wallet Following intensified regulatory scrutiny in the U.S., […]

Microstrategy’s annual Bitcoin for Corporations conference has kicked off its second day, featuring conversations with leading finance, regulatory and fintech professionals on the future of corporate Bitcoin adoption. Discussions will center around the financial implications of the recently approved Spot Bitcoin ETFs in the United States, the changing regulatory landscape for Bitcoin, as well as […]

As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater.  New Whales And Spot ETF Investors Are In Red Taking to X, Ju said that more losses would be incoming, predicting that […]

New data reveals that one of the biggest banks in the world is acquiring shares of asset manager BlackRock’s spot market Bitcoin (BTC) exchange-traded fund (ETF). In a new filing with the U.S. Securities and Exchange Commission (SEC), France-based BNB Paribas – the ninth-largest bank in the world – purchased 1,030 shares of the iShares […]

Top decentralized exchange (DEX) Uniswap (UNI) now allows its mobile app users to buy crypto using their funds on popular trading platform Robinhood. In a new statement, Uniswap says the new funding method is currently available to US-based users through Robinhood Connect, a feature that enables customers of the brokerage firm to fund their Web3 […]

Cryptocurrency market slowly losing its touch

We’re thrilled to announce that Kraken now supports new margin pairs for Internet Computer (ICP), Pepe (PEPE), Shiba Inu (SHIB) and DogWifHat (WIF)! Margin trading is now available for the below pairs for ICP, PEPE, SHIB and WIF: Pair base Pair name Available leverage Long Position Limit  Short Position Limit ICP ICPUSD 3 3000 3000 […]

Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement.

TL;DR MicroStrategy’s Innovation: Launched the Orange Protocol, a decentralized identity solution on the Bitcoin blockchain, using Ordinal-based inscriptions for data storage and retrieval. Digital Identity Revolution: The protocol aims to create 10,000 decentralized identifiers (DIDs) for pseudonymous digital identities, anchored directly on the Bitcoin blockchain without sidechains. Applications and Security: Introduced Orange For Outlook to integrate […]