As the classic weather forecast goes in the Northern Hemisphere, April showers bring May flowers. Will it hold up for crypto exchange markets in Q2 of 2024 after a sharp correction this April? And if the market does recover in May, whose flowers will bloom brightest? Bitcoin price‘s four-year bull run seems imminent, but will […]
A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may be near for the asset, if not already in. Bitcoin SOPR Ratio Is Forming A Historical Top Pattern Right Now In a CryptoQuant Quicktake post, an analyst has discussed about a pattern regarding the SOPR Ratio. The “Spent Output […]
Crypto.com has postponed the planned launch of its app in South Korea due to scrutiny by the regulators on the exchange’s anti-money laundering practices. According to a local media publication Segye Ilbo, Korean financial authorities have initiated an emergency on-site inspection of the crypto exchange. Anti-Money Laundering Concerns The inspection, conducted by the Financial Intelligence […]
… specialising in international asset seizure, hired at least two Cook Islands-based lawyers to draft the Tainted Cryptocurrency Recovery Bill 2023.
A group of Bitcoin advocates in Switzerland have launched a campaign to convince the Swiss National Bank (SNB) to add Bitcoin to its balance sheet. The nonprofit organization 2B4CH aims to hold a national referendum to amend Switzerland’s constitution to require the central bank to hold Bitcoin. BREAKING: 🇨🇭Bitcoiners to launch a petition for Swiss […]
Solana’s rapid expansion is partly due to its appeal for creating memecoins, attracting both enthusiasts and scammers. Twelve memecoin projects on Solana were abandoned after collectively raising over 180,650 SOL (US$26.7M), as reported by crypto-sleuth ZachXBT. Despite warnings, investor greed and FOMO continue to fuel these risky investments, with similar patterns emerging in the layer-2 […]
Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal Blockchain Research Team Advocates for Low-Carbon Mining With Financial Incentives The rise of the Bitcoin network has […]
XRP millionaire addresses about to break all-time high after epic price spike
A closely followed crypto strategist believes three new digital assets are about to soar in the coming weeks. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that three altcoin projects have a lot of upside potential after launching during relatively poor market conditions. The three projects are cross-chain messaging […]
BlockDAG Presale Soars To $19.3M, Set To Increase To $0.006 Amid Solana’s Recovery And Toncoin’s Rise As Solana (SOL) addresses its network congestion issues and Toncoin (TON) price approaches Dogecoin’s market cap, BlockDAG shines with a significant presale accomplishment. Amassing $19.3 million and poised for further growth, BlockDAG prepares to elevate its price from $0.005 […]
[PRESS RELEASE – Dubai, United Arab Emirates, April 22nd, 2024] The Web3 sector is experiencing significant growth, with promising startups emerging at a rapid pace. De.Fi Accelerator is increasingly becoming an essential platform that assists these ventures in navigating the complex and dynamic landscape of crypto. De.Fi, a leading Web3 super app for asset management […]
Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their analysis, the market, excluding the top 10 cryptocurrencies, known as “OTHERS,” is showing signs of a strong uptrend with the potential for […]
Thailand is planning to block unauthorized cryptocurrency service providers to fight online crimes. The Office of the Securities and Exchange Commission (SEC) is partnering with Thai government agencies to prevent criminals from utilizing crypto exchanges for illicit activities, including money laundering. Thailand Warns about Unregistered Crypto Platforms According to the press release, Pornanong Busaratrakul, the […]
Have you ever wondered what cryptocurrency is all about? It seems like everyone is talking about Bitcoin, Ethereum, and other digital currencies.
On Free Speech President of Bitcoin Magazine, Mike Germano, has dared me to publish this rant with the following meme: Source: https://x.com/mikegermano/status/1773003239312503243?s=20 To all the haters, yes, even in Bitcoin Magazine can free debate flourish. I’m grateful for the opportunity to submit a dissenting opinion about Ordinals. With technical editor Shinobi at the helm, writers’ […]
Ki Young Ju, founder and CEO of CryptoQuant, has noted the holdings of new whales far outweigh the holdings of old whales
A widely followed economist says that a $111,000 price tag for Bitcoin (BTC) is in the cards amid the alignment of a technical indicator and a bullish market structure. In a new video update on Trade Gate Hub, economist Henrik Zeberg says that based on a key indicator, it’s possible for the top crypto asset […]
Digital assets manager CoinShares says crypto product institutional investments suffered their second consecutive week of outflows last week. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products lost $206 million in outflows last week, bringing the two-week total outflows to nearly $312 million. According to CoinShares, investor interest in crypto exchange-traded […]
Coinbase’s APAC Managing Director has implored the Aussie Government to work together with major industry players to improve regulatory clarity. According to John O’Loghlen, Australia is home to several “could-be” unicorn startups in the blockchain sector – but regulatory muddiness may be holding them back. Meanwhile, crypto ownership in Australia is set to reach new […]
The Bitcoin halving reduced miner rewards from 6.25 to 3.125 BTC at block 840,000, coinciding with high transaction fees due to the Runes launch. Fees initially surged to over US$146 for medium-priority and $170 for high-priority transactions, but have since decreased to around $16. Mark Cuban suggests miners might pivot to AI, exploiting high GPU […]
Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. ‘I Think We’re Just Getting Started’ Bitwise Asset Management has reaffirmed its […]
Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a key bullish trend line […]
In early April 2024, the crypto industry experienced a significant shakedown in price, which severely affected the market. Bitcoin (BTC), the largest cryptocurrency, fell below $60,000, and Ethereum (ETH) broke its $3,000 support level. While the market seems to have rebounded, investors of Fetch.AI (FET) and Litecoin (LTC) are still nursing the losses they incurred […]
[PRESS RELEASE – Camana Bay, Cayman Islands, April 22nd, 2024] The KARRAT Foundation is pleased to announce the launch of the KARRAT Protocol, which supports transformative AI and innovations in gaming and entertainment industries: from real-time animation content for the streaming industry and emerging products for retail, telecom, education and wherever imagination takes the community in […]
The Middle East has emerged as a hotspot for cryptocurrency adoption, according to a recent report by Bitget Research. The average daily number of crypto traders in the region soared to 500,000 in 2024. This figure represents an increase of 166% year-over-year. Crypto in the Middle East This surge in crypto adoption is driven by […]
TL;DR Despite the rise of Runes, Bitcoin transaction fees have hit a five-year low, surprising analysts. Initially, Runes activity raised concerns about fees, but its impact on the BTC network appears to be decreasing, indicating relative stability. Miners can capitalize on the increased transaction demand, helping to maintain network security and robustness. Despite the recent […]
A piece in Swiss newspaper Neue Zürcher Zeitung on Bitcoin lobbyists working to have the Swiss National Bank include the cryptocurrency in …
Bitcoin is an ephemeral digital currency. It doesn’t have a physical address, or a specific place you can track it down. It’s everywhere. This is what gives Bitcoin its superpowers, what makes it a truly decentralized and globally accessible monetary network. Your bitcoin isn’t stored in your wallet but at Bitcoin addresses recorded by every […]
A closely followed crypto trader believes that Dogecoin (DOGE) could be gearing up for a massive rally to the tune of over 530%. Analyst Ali Martinez tells his 59,800 followers on the social media platform X that Dogecoin has remained faithful to a pattern seen during the 2017 and 2021 bull cycles. According to the […]
A popular trader known for several accurate crypto market calls is outlining his Bitcoin forecast after the BTC halving last week. The pseudonymous analyst known as Dave the Wave shares a chart with his 147,000 followers on the social media platform X that indicates Bitcoin could reach $169,500 in the last quarter of 2024. According […]
Satoshi Nakamoto’s vision of Bitcoin is strong fundament for future development of digital asset industry
A recent analysis paints a rosy picture of Bitcoin’s future, even with a conservative growth projection. Taking to X, Michael Sullivan predicts that the world’s most valuable coin could reach a staggering $245,000 within just five years if it maintains a mere 30% compound annual growth rate (CAGR). Bitcoin Projections: From Conservative To Exponential Growth The analysis […]