Bitcoin’s technical indicators show mixed signals as they suggest cautious optimism for traders
We’re thrilled to announce that PlayDapp (PDA) is now available on Kraken! Kraken has completed the token distribution, and eligible PLA holders have now received PDA in their Kraken accounts. Funding and trading PDA funding is live and trading starts June 6. Add your token to your Kraken account by navigating to Funding, selecting the […]
Gary Gensler once described the Securities and Exchange Commission’s (SEC) role in policing the “Wild West” crypto industry as a “cop on the beat”. Although anecdotal, what has since followed is a series of high-profile civil lawsuits against some of the sector’s largest players. Yet, a statement like this would only ring true if the […]
Just yesterday, the US spot Bitcoin ETFs recorded the second highest inflow since its inception, with a whopping sum of over $887 million. This marks the largest inflow since the 12th of March 2024. Amid this remarkable feat, analysts predict the best cryptos to buy and this includes KangaMoon and Ethereum as these top crypto […]
[PRESS RELEASE – Dubai, UAE, June 6th, 2024] Mythos Research, a research and advisory firm, has released an in-depth report analyzing Aethir, a pioneering decentralized platform for GPU-as-a-Service (GPUaaS). Published in collaboration with CMC Research, this comprehensive study provides invaluable insights into Aethir’s innovative solutions, technology, strategic partnerships, and market positioning within the rapidly evolving […]
Stricter Regulations on Cryptocurrency Platforms in Nigeria to Boost Naira The Nigerian government is set to implement tighter rules on …
As the crypto community stands on the brink of what could be a major season for the altcoin market, numerous indicators suggest that a significant market shift may soon be underway. Notably, the focus within the crypto market is poised to transition from Bitcoin to its contenders—altcoins—which are speculated to offer higher returns in the […]
Storm Trade, a DEX that enables users to trade perpetual futures across various assets, joins the Cointelegraph Accelerator program.
TL;DR VanEck predicts that Ethereum (ETH) will reach $22,000 by 2030, driven by ETF approval and its integration into traditional finance. VanEck analysts highlight the strength of Ethereum as a valuable platform for entrepreneurs, capable of transforming traditional financial markets and large tech companies. Standard Chartered projects that ETH could reach $8,000 by the end […]
TL;DR Global liquidity reaches a record near $100 trillion, generating optimism in the Bitcoin market. Analyses by Philip Swift suggest that the increase in global liquidity could further boost the current bullish rally of BTC. The growing activity of institutional investors in BTC, along with the adoption of ETFs, heralds a bullish future. Global liquidity […]
Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics have not been determined. This statement was made to clarify earlier reports by […]
In a bold forecast, Standard Chartered’s head of digital assets research, Geoff Kendrick, has predicted that Bitcoin could surge to $150,000 if Donald Trump wins the upcoming U.S. presidential election. “As we approach the U.S. election, I expect $100,000 to be reached and then $150,000 by year-end in the case of a Trump victory,” Kendrick […]
HodlX Guest Post Submit Your Post The dynamic cryptocurrency market continuously churns out new trends (organic and not-so-organic), with the recent surge of celebrity-backed meme coins being a prime example. Most avid users of digital wallets witnessed the initial excitement surrounding these tokens, like JENNER, RICH and BANDO. Fueled by the meme coin craze and […]
A widely followed cryptocurrency analyst and trader believes that a top-10 altcoin by market cap is destined to rally by double-digit percentage points from the current level. The analyst pseudonymously known as Bluntz tells his 260,900 followers on the social media platform X that BNB, the utility token for the BNB Chain ecosystem, is set […]
Ouinex, a digital assets trading platform, has raised $5 million through a series of private funding rounds. The most recent Private 2 token sales round raised $1 million, bringing the total funds raised to $5.2 million. Ouinex’s user base exceeds 50,000 members. The recent fundraising round was limited to the Ouinex community and received significant […]
Bitcoin on the brink of new all time highs Canada becomes the first G7 country to drop interest rates Altcoin analysis: ENA and RNDR With Bitcoin breaking above $70k this week, things may start heating up. Notable buying power has been coming from US Exchange-Traded Funds (ETFs) from the very start of this week with […]
Steady hold above key level for SHIB could pave way for further gains
Cryptocurrency price on June 6 quick take: The global market cap rose to $2.64 trillion.
Bitcoin price started a decent increase above the $70,500 resistance. BTC is showing positive signs and might gain bullish momentum above the $72,000 resistance in the near term. Bitcoin extended its increase above the $70,000 and $70,500 resistance levels. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a […]
The unsolicited buyout bid followed a series of long-term business contracts in which Core Scientific would provide infrastructure for Coreweave.
A closely followed crypto analyst believes that one red-hot Dogecoin (DOGE) rival is gearing up for more massive gains. Pseudonymous trader Kaleo tells his 641,600 followers on the social media platform X that Floki (FLOKI)’s market cap could soar to at least $10 billion, more than 3x the current value. The analyst says Floki could […]
The meme coin market has experienced one of the largest rallies in the past month, with the new memecoin, Super Trump, leading the charge. The price of Super Trump has been generally on the upward trend in the last one month due to the news of the US elections. At the same time, a new […]
[PRESS RELEASE – Bermuda, Bermuda, June 6th, 2024] HashKey Global May 2024 Monthly Report released, the daily trading volume reached 348 million USD, representing a month-over-month increase of 173%. Launchpool’s first-phase yield rate was as high as 37.68%, which made a notable impact on the market. Launchpool Introduces High APR to the Market The first […]
Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up to seven years. Bitdeer and Desiweminer Join Forces in Multimillion-Share Acquisition Deal […]
Ethereum is still working on a complementary plan for parallel EVM, but Bitcoin can be soon expecting its own parallel VM layer 2. Let’s firstly understand why Ethereum cannot achieve parallel EVM. To maintain network consistency and security, EVM has a crucial feature in its design: transactions are executed sequentially. Sequential execution ensures that transactions […]
TL;DR Milestone Achievement: Stand With Crypto, supported by Coinbase, has reached 1 million members, advocating for crypto’s importance across various states and political lines, and has established a PAC to influence policy. Political Influence & Funding: With millions in donations and significant campaign-finance contributions, the group aims to mobilize crypto enthusiasts to shape policies favorable to […]
Two individuals have filed a civil claim against Hong Kong-based cryptocurrency exchange JPEX, seeking to recover over HK$1.85 million. This lawsuit is the first civil action related to an alleged fraud case involving more than 2,600 victims with total losses amounting to HK$1.6 billion. A lawmaker indicated that ten more victims plan to take similar […]
Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum if it clears the $3,880 and $3,920 resistance levels. Ethereum is holding gains above the $3,800 level. The price is trading above $3,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support […]
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital.
Cryptocurrency analyst and trader Jason Pizzino is offering his thoughts on the potential trajectory for the digital asset market going forward. Pizzino tells his 328,000 YouTube subscribers that the Average True Range indicator is suggesting that “another significant move” is imminent for Bitcoin (BTC) and other crypto assets. The ATR is used to measure the […]
Global liquidity is changing landscape of cryptocurrency market
Meanwhile, the global cryptocurrency market cap fell by 0.22% to around $2.63 trillion in the last 24 hours. "Bitcoin hovered around the $71,000 level …