The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7.

The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to a low of $68,450 per unit after reaching the […]

President Donald Trump showcased his support for the Bitcoin and cryptocurrency industry again at a high-profile fundraiser in San Francisco on Thursday.  Hosted by tech venture capitalists David Sacks and Chamath Palihapitiya at Sacks’ Pacific Heights home, the event raised $12 million for Trump’s campaign, three sources present told Reuters. The event was attended by executives […]

A closely followed crypto analyst believes that one Ethereum (ETH) rival is gearing up for a massive gain. Pseudonymous trader Kaleo tells his 641,800 followers on the social media platform X that Avalanche (AVAX) may be about to mirror a 2021 bullish pattern against Bitcoin (BTC). “AVAX/BTC: I still wouldn’t sleep on Avalanche here. Chart […]

Have you noticed American politics have been talking more positive about crypto recently? Well so has Matt Hougan, the Chief Investment Officer at crypto fund manager at Bitwise. According to a recent post by Hougan, three significant events highlight this political change: On May 8, 21 Democrats joined Republicans to repeal SAB 121, an SEC […]

dWallet Network has announced expanding its technology to the Layer 1 blockchain network, Aptos. This move aims to introduce Zero Trust Protocols (ZTPs) with inherent multi-chain interoperability capabilities to the decentralized finance (DeFi) and gaming ecosystems on Aptos. By incorporating dWallet’s Zero Trust architecture, ZTPs developed on Aptos will be able to seamlessly sign transactions […]

Bitcoin might benefit from something that many investors miss

A group of creditors of the now-collapsed FTX has moved to court, objecting to the crypto exchange’s bankruptcy reorganization plan, which would pay the unsecured creditors the entirety of their claims, if not more. The Formal Objection of FTX Creditors A group led by Sunil Kavuri, one of FTX’s vocal creditors, filed the objection yesterday […]

Sol is up today and is currently prime for a big move on the daily chart. It has dropped slightly from a daily high, looking for a key rebound level.   Sol went through a nice recovery phase last month, posting roughly 50% gains in the first two weeks. It encountered resistance and pulled back for […]

According to experts at Wall Street, cash-rich billionaires are on a buying spree of a certain Cryptocurrency ETF, that may soar to unimaginable …

XRP price started a fresh decline from the $0.5320 resistance zone. It is now testing the $0.5180 support and might even test the $0.5120 support zone. XRP failed near $0.5320 and started a downside correction. The price is now trading below $0.5250 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]

The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”

Closely followed crypto strategist and trader Michaël van de Poppe is naming his top altcoin picks for the current cycle. In a new strategy video, Van de Poppe tells his 165,000 YouTube subscribers that Bitcoin (BTC) investors are likely to start funneling their profits into altcoins, sending alt projects much higher. “Altcoins are going to […]

TL;DR Surge in Open Interest: Bitcoin’s open interest has surged by $2.2 billion in three days, indicating a significant increase in market participation and potential for heightened volatility. Market Whipsaw Concerns: The rapid increase in open interest could lead to a “whipsaw” effect, where Bitcoin’s price may abruptly change direction, posing risks for traders and […]

TL;DR Standard Chartered expects the US presidential election to impact the price of Bitcoin, possibly reaching $150,000 by the end of the year. Bipartisan interest in cryptocurrencies is increasing in Washington, especially following the launch of BTC exchange-traded funds in the United States. Geoffrey Kendrick of Standard Chartered suggests that a Trump victory could benefit […]

Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both regions. The agreement, signed on June 6, 2024, aims to enhance collaboration, particularly in blockchain and cryptographic technologies. It also […]

The annual Oslo Freedom Forum by the Human Rights Foundation is underway in Oslo, Norway. The event, June 3-5, has convened an interdisciplinary group of activists, artists, technologists and entrepreneurs seeking to support freedom fighters and humanitarian initiatives in opposition to authoritarian regimes around the world. The event concludes June 5th with Bitcoin programming for […]

The past seven days have been very interesting within the cryptocurrency market. The industry’s total capitalization increased by around $150 billion on the back of gains made by Bitcoin and many other altcoins. Price action aside, there were interesting developments that are pushing the market forward, so let’s dive deeper. First, Bitcoin’s price has risen […]

Haruko’s integration with Stacks will revolutionize institutional Bitcoin asset management

Cryptocurrency exchange Kraken is seeking over $100 million before a potential initial public offering (IPO), Bloomberg reported. The crypto exchange, founded in San Francisco in 2011, has long discussed going public. This move is reportedly fueled by a surge in investor interest and a perceived softening of regulations against digital assets. Discussions with Potential Investors […]

Spot Bitcoin ETFs in the United States have just notched their 19th day of inflows. Traders explain why it hasn’t led to a surge in the price of Bitcoin.

US lawmakers urge the White House to take action and help a Binance employee who has been held captive in Nigeria since February. Binance Head of Financial Crime Compliance Tigran Gambaryan was detained in Nigeria following his arrival for meetings with government officials regarding the exchange’s compliance issues. In March, the Nigerian government filed charges […]

… cryptocurrency mining ventures to boost the market growth, Technavio. Global cryptocurrency mining hardware market 2024-2028. News provided by.

Ethereum, the world’s second-largest cryptocurrency, is poised for a meteoric rise, according to a new analysis by VanEck, a leading asset management firm. The report predicts that Ethereum could reach a valuation of $2.2 trillion by 2030, translating to a price of around $22,000 per coin. This ambitious prediction hinges on Ethereum’s dominance in the […]

BlockDAG Price Surges 1000% After Revolutionary X1 Beta Launch Amid GameStop Forecast & Cardano Upgrade Roaring Kitty (Keith Gill) revealed his 5 million GameStop shares, causing GameStop’s shares to soar. This excitement also boosted Solana’s GME token, impacting the GameStop price forecast. Meanwhile, Cardano updates its ecosystem with enhancements to network performance and community governance. […]

The Ethereum network is set to undergo one of its most extensive upgrades named Pectra, which will integrate the EVM Object Format (EOF) and introduce Vitalik Buterin’s proposed EIP-7702, allowing Ethereum account addresses to act as smart contract wallets temporarily during transactions. The Pectra upgrade, expected to be rolled out in the first quarter of […]

Renowned personal finance author Robert Kiyosaki has predicted Bitcoin will reach $350,000 by August 25, 2024. The Rich Dad, Poor Dad writer has long been a Bitcoin bull, touting Bitcoin as hard money alternatives. NEW: Rich Dad, Poor Dad author predicts #Bitcoin will reach $350,000 by August 2024. Are you prepared? 🙌 pic.twitter.com/6Isr7UZUVT — Bitcoin […]

TL;DR IO.NET (IO) is the 55th project featured on Binance Launchpool. Binance users will have the opportunity to earn IO tokens through farming for a limited period. Binance will list the IO token after the farming period ends. Binance has announced IO.NET (IO) as its next project on Launchpool after Notcoin (NOT). Formerly known as […]

“This is not a fake, this is a real giveaway. I personally guarantee it to you,” one of 35 deepfake versions of Elon Musk promised.

A widely followed crypto analyst says that altcoins are poised to spark a massive rally starting at the end of June. In a new thread, crypto trader Michaël van de Poppe tells his 719,600 followers on the social media platform X that altcoins are gearing up for a ride “back to normal values.” “The altcoins […]

On-chain analyst Willy Woo says there’s a “cascade” of liquidation that’s primed to begin when Bitcoin (BTC) hits $72,000. Woon tells his 1.1 million followers on the social media platform X that $1.5 billion worth of short positions are “ready to be liquidated all the way up to $75,000 and a new all-time high.” Source: […]

Cardano founder Charles Hoskinson has dismissed claims that the network suffers from weak fundamentals. He criticized media outlets for their continued negative portrayal of the ecosystem, asserting a stark contrast between the reality of Cardano’s progress and the media’s depiction. Cardano Founder Refutes Media’s Gloomy Forecasts In a sharp rebuke this week, Hoskinson accused the […]