More traditional finance firms in the United States are jumping on the crypto bandwagon and giving their clients access to the burgeoning sector. This is seen in the increasing portfolio allocation given to crypto investment products. A tweet by Bloomberg exchange-traded fund (ETF) analyst Eric Balchunas has revealed that two U.S. investment advisors, Legacy Wealth […]
Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new level of 88.10 trillion. Bitcoin Miners’ Strength Tested as Mining Difficulty Jumps 2% Post-Halving As of block 840,672, which occurred […]
Explore the intriguing effects of Ethereum's Open Interest trading on the cryptocurrency price, investing trends, and potential market shifts.
BlackRock’s Bitcoin ETF, IBIT, is now one of the top 10 ETFs of all-time, at least when it comes to maintaining its streak of daily investment inflows. As of Tuesday, April 23, IBIT has seen 70 days of inflows, meaning that the fund has seen a positive increase in its total holdings of the underlying asset, […]
The top US-based crypto exchange by volume is listing a new artificial intelligence (AI) altcoin. According to Coinbase via their social media platform X account Coinbase Assets, new crypto project Karrat (KARRAT) will be listed on the platform as an “experimental asset.” “Karrat (KARRAT) is now live on coinbase.com & in the Coinbase iOS & Android […]
A closely followed crypto strategist believes that one memecoin is ready to witness mostly bullish price action. Pseudonymous analyst Inmortal tells his 212,700 followers on the social media platform X that Floki (FLOKI) looks primed to ignite bursts to the upside. Inmortal shares a chart suggesting that FLOKI had a failed breakdown after the meme […]
Cryptocurrency-friendly brokerage platform Robinhood now allows its New York customers to buy Shiba Inu (SHIB) and other coins
TL;DR Investor Confidence: Despite economic uncertainty, Bitcoin exchange outflows have increased, indicating investors are moving assets to cold storage in anticipation of price rises, suggesting a strong belief in Bitcoin’s long-term value. Miners’ Strategy: Miners are adapting to the reduced block reward by holding back BTC from exchanges, possibly using it as collateral to upgrade […]
BlockDAG Emerges as the Top Crypto Presale with $19.8M Raised, Beats Dogeverse, Slothana, Mega Dice, 99Bitcoins & 5thScape BlockDAG has rapidly ascended to the top of the crypto presale market, outshining competitors like Dogeverse, Slothana, Mega Dice, 99Bitcoins, and 5thScape by raising an impressive $19.8 million. This notable achievement highlights BlockDAG’s innovative approach to integrating […]
Despite the temporary price depeg, a trader made nearly $400,000 in profit due to the unfortunate incident.
In his latest essay, Arthur Hayes, the former CEO of crypto exchange BitMEX, introduced a bold investment philosophy he calls the “Left Curve.” This strategy diverges sharply from traditional investment approaches typically adopted during bull markets in the crypto world. Hayes’ essay serves not only as an investment manifesto but also as a critique of […]
HodlX Guest Post Submit Your Post Crypto bros, it’s time to touch grass (and maybe eat a vegetable). While we’re busy building the future of finance, let’s not forget about building our own health and well-being. Crypto is amazing. Where else can you find a community that’s simultaneously deeply committed to decentralization, personal freedom and […]
[PRESS RELEASE – Victoria, Seychelles, April 24th, 2024] FOMO BULL CLUB, a decentralized, community-driven platform, is thrilled to announce the launch of its inaugural meme coin launchpad on the Base blockchain. This pioneering platform empowers the community to play a pivotal role in meme coin creation, launch, and protection from scams and rug pulls. With […]
Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by Bitcoin Suisse President Luzius Meisser, who believes the bank should add bitcoin to its reserves. A Reform […]
Diverse Cryptocurrency Support: Transactions can be made using Bitcoin, Ethereum, Dogecoin, and more, accommodating a variety of travelers' …
My buddy Harry Sudock has a wager with Danny Knowles of What Bitcoin Did fame about the prospect of a 50 BTC block reward in this new epoch. Putting aside a couple of fat fingers, the last time this happened was over 4000 days ago. Late last Friday night, his bet almost hit on the […]
The recent Bitcoin halving reduced miner rewards while slashing daily new supply well below the US$150 million demand from US spot ETFs. Indicators suggest high expectations for price rises, even amidst ongoing sales by long-term holders. Fidelity Digital Assets revised Bitcoin’s outlook from positive to neutral, citing sell pressure from profitable addresses. The recent halving […]
Interest in US Spot Bitcoin ETFs is declining short-term, evidenced by two weeks of net outflows, primarily due to concerns over prolonged high interest rates. Despite an 11% gain in Q1, Nickel Digital Asset Management has tempered expectations for its Diversified Alpha fund, citing unsustainable market conditions. Amidst market volatility, notable Bitcoin transactions by the […]
Ripple CTO brings fresh perspective to key Bitcoin discussion
A closely followed crypto strategist thinks that Bitcoin (BTC) is primed to launch the final steep rally of its parabolic trend. In a new video update, analyst Kevin Svenson tells his 142,100 followers on the social media platform X that Bitcoin is about to ignite the last leg of its parabolic rally that could see […]
A handful of crypto whales appear to have made substantial Ethereum (ETH) purchases in recent days, an indication the largest crypto holders could be turning bullish on the second-biggest digital asset by market cap. The crypto tracker Lookonchain notes that a whale wallet potentially belonging to Tron (TRX) founder Justin Sun withdrew 4,666 ETH worth […]
TL;DR Cardano celebrates the launch of PRAGMA, an independent open-source association, a key factor towards global scalability. The aim is to foster a solid and diverse ecosystem to ensure the scalability and resilience needed in the crypto and financial market. PRAGMA operates independently within the ADA community. Its initial projects, Amaru and Aiken, focus on […]
TL;DR Surge in Optimism: The Bitcoin ETFs market has seen renewed confidence post-Bitcoin halving, with increased net inflows into Bitcoin-related ETFs, indicating a positive outlook among investors. BlackRock’s Milestone: BlackRock’s Bitcoin ETF is nearing a record in assets under management, reflecting the growing mainstream acceptance of Bitcoin as an investment vehicle. Market Integration: The integration […]
BlockDAG Tops The Crypto Charts With A $19.8M Presale, Outperforming Slothana, Dogeverse, And Other Top Crypto Coins As BlockDAG’s presale closes in on a remarkable $20 million, its innovation in crypto technology is setting new standards. Currently priced at just $0.005 per coin, with projections indicating a 30,000x return on investment, BlockDAG’s appeal is growing […]
Polkadot (DOT), the interoperable blockchain platform designed for connecting different blockchains, is currently caught in a tug-of-war between technical indicators suggesting a potential price dip and bullish predictions from some analysts. Recent price movements paint a somewhat gloomy picture. DOT breached the lower boundary of its ascending trend channel, a technical indicator often interpreted as […]
Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since its 2021 inception, became exploitable recently with the introduction of new codebase developments but was […]
Venezuela's state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions …
The world is becoming an increasingly unstable place politically and economically speaking. Many people all over the world are currently living somewhere presenting serious risks to their livelihood and well being, everything from totalitarian and persecutory governments to the general state of the economy deteriorating so badly that their ability to sustain themselves is in […]
TL;DR Meme coins like Bonk Inu, dogwifhфat, and others are seeing significant price increases, while the leaders Dogecoin and Shiba Inu show more modest gains. Analysts predict a possible further rally for the asset class following the recent Bitcoin halving, which has historically led to market surges. Meme Coins in the Spotlight Meme coins have […]
This could potentially act as strong support level should BTC face downward pressure
A popular crypto analyst says technical indicators are suggesting that the altcoin market is gearing up for a massive breakout. Pseudonymous analyst TechDev tells his 446,400 followers on the social media platform X that the altcoin market cap structure may be repeating a historic bullish pattern. “Altcoin accumulation. The most vertical leg since 2021 appears […]
The Runes protocol launch is causing Bitcoin (BTC) daily fees to soar well beyond a prior all-time high (ATH), according to the crypto analytics firm IntoTheBlock. Lucas Outumuro, IntoTheBlock’s head of research, says on the social media platform X that Bitcoin transaction fees soared to $80 million on April 20th, 4x the prior ATH from […]