The Congressional Budget Office (CBO) projects deficits will run wild as the US national debt surpasses a staggering $141 trillion by the year 2054. In a new budget outlook report, the non-partisan federal agency estimates that the United States’ GDP will reach $85.2 trillion in three decades, but that debt will be 166% of that, […]

The launch of US Spot Bitcoin ETFs has significantly outperformed others marking an impressive beginning. Grayscale faces outflows post-Spot Bitcoin ETF approvals and FTX bankruptcy settlements, but sees a move towards ‘equilibrium’, per CEO Sonnenshein. BlackRock’s IBIT leads the new ETFs with a 50% surge and US$15b inflows in three months, doubling BlackRock’s other ETFs’ […]

Of the 11 financial institutions that issued spot Bitcoin ETFs in January 2024, only two — Bitwise and VanEck — have pledged to donate a percentage of their profits to open-source Bitcoin development. Regardless of whether large holders are harassing ETF sponsors for funding core dev, the real question is – why are only @BitwiseInvest […]

An analyst has explained how a PEPE daily close outside of a certain price range could lead its value to go on a rally of 54%. PEPE Symmetrical Triangle May Hint At The Next Move For The Memecoin In a new post on X, analyst Ali discussed the recent trend forming in the PEPE price. […]

Coincashy: Your premier destination for secure and seamless cryptocurrency exchange in Dubai. Bridging the gap between crypto and cash …

Pendle, the decentralized finance (DeFi) token, is edging closer to the $2 billion market cap milestone, currently standing at $1.75 billion.  The token’s trajectory remains decidedly bullish across all timeframes, with a remarkable 17% gain today and a staggering 147% surge over the past month, culminating in an all-time high of $7.517. The surge in […]

Pac Finance, a lending app on Blast, has had its users report a $24 million liquidation on April 11 due to a sudden change in parameters by the developer wallet. Mass liquidations are common for leveraged traders who borrow crypto, but they often occur due to fluctuations in the market, not protocol parameter changes. Pac […]

An altcoin project focused on digital commodities and artificial intelligence (AI) is witnessing volatility after a surprise listing on Binance. The top global crypto exchange says it’s officially rolled out trading services for Bittensor (TAO). The announcement triggered a 9% surge in the asset to a high of $627.52 on Wednesday, before the coin dropped […]

Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards from pools like F2pool, Antpool, Binance Pool, and Braiins are being funneled to this particular custodian. Onchain Data Reveals Single […]

Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” has praised Cathie Wood while supporting her ambitious Bitcoin price target

TL;DR Bitcoin Cash (BCH) open interest (OI) decreased by 47% from its pre-halving peak, reaching $378.3 million on April 12, coinciding with a 13% decline in BCH price. The cryptocurrency experienced a sharp 7.51% drop on April 10 within a three-hour period, following days of narrow price fluctuations between $676 and $691. The current situation […]

The International Monetary Fund (IMF) is reportedly demanding changes to El Salvador’s pro-Bitcoin law, hindering the country’s attempts to secure a $1.4 billion credit line as reported by Infobae.  NEW: 🇸🇻 IMF reportedly demands changes to El Salvador's #Bitcoin law for a $1.4 billion aid. They're scared 🙌 pic.twitter.com/vmqhts5dCY — Bitcoin Magazine (@BitcoinMagazine) April 12, 2024 El […]

Amid a widespread price correction affecting the majority of the top 100 cryptocurrencies, one digital asset has defied the trend, surging to impressive heights. Nervos Network, along with its native token CKB, has not only recorded significant gains but has also climbed to the 79th rank in the market, raising questions about the factors behind […]

The Sui blockchain has announced it will launch a crypto-focussed handheld gaming console in 2025. The console, known as SuiPlay0x1, is a collaboration with Playtron and will allow players to play mainstream games from the likes of Steam and Epic, plus Web3 games built on Sui and other blockchains. Hong Kong-based First Digital USD (FDUSD) […]

BTC’s slight dip following US CPI data quickly reversed with whale purchases, now trading around US$70,980. Whale Alert reports movement of 5,000 BTC worth US$351.2 million, highlighting active market participation. Analysts predict that halving discussions might signal FOMO at peaks or provide a buying opportunity at troughs, with the market potentially only 36% into its […]

Shao Bank's proposal of Kicoin as the cryptocurrency partner for the European Super League is part of efforts to revolutionize football …

Authorities have seized over $41 million from a blockchain mining group in Australia for allegedly operating without a license. According to a new press release by the Australian Securities and Investments Commission (ASIC), civil actions are being taken against the NGS Crypto, NGS Digital and, NGS Group, as well as their respective directors, Brett Mendham, […]

A billion-dollar bank in the US is reportedly facing a potential class-action lawsuit for the second time in about three years over allegedly hammering customers with “crippling” overdraft fees. Customers LaNita Criswell and LaSheena Neal say Frost Bank’s history of imposing $35 overdraft fees on transactions that do not exceed account balances is in breach […]

Ever ready to accommodate innovation, the cryptocurrency market has welcomed DTX Exchange, a newcomer to the highly competitive and innovative sector. With its promising approach of combining the best features of centralized and decentralized exchanges, the platform has garnered interest and massive attention from enthusiasts. The platform is still in its early phases, but it […]

On April 11, Chainlink announced Transporter, which it described as “the next evolution in cross-chain bridging.” The app is powered by Chainlink’s Cross Chain Interoperability Protocol (CCIP), which allows smart contracts to securely access data from external systems and enable trustless data connectivity between blockchains. “Having a secure way to move both value and data […]

Mysten Labs, the company behind the development of Sui, a proof-of-stake blockchain project, has announced it is working on developing Suiplay0x1, a Web3-enabled gaming handheld. The organization did not reveal hardware specs but did state that the device would be able to run several app stores at once thanks to Playtron’s Playtronos, a device-agnostic gaming […]

Adidas is not abandoning Web3 despite declining interest

Quantum Cats is a collection of 3333 Ordinals Inscriptions that evolve over time, to reveal different artwork. This is the first ever collection of Inscriptions that will evolve over time, and was created in a time of high fees and an unpredictable future fee market. This is not an article about the aesthetic virtues of […]

UNI price turned red and declined below the $10.00 support. Uniswap is showing many bearish signs and recoveries could face hurdles near $10.00. UNI started a fresh decline below the $10.00 support zone. The price is trading below $9.50 and the 100 simple moving average (4 hours). There is a key bearish trend line forming […]

TL;DR Altseason Anticipation: Analysts predict an upcoming altseason, a period where smaller-cap cryptocurrencies (altcoins) could experience significant gains, potentially outperforming Bitcoin (BTC) and Ethereum (ETH). Technical Indicators: Various technical indicators, including the Ichimoku and inverse head-and-shoulders patterns, suggest that a breakout in altcoin value is imminent, with the altcoin market capitalization charts showing bullish signs. […]

Seay laundered the cash proceeds through cryptocurrency in order to purchase more controlled substances on the dark web and to conceal her criminal …

The post Trader Says This Ethereum-Based Altcoin ‘One of the Strongest Coins,’ Updates Outlook on Solana and Chainlink appeared first on Crypto News Australia.

PlanB’s April Bitcoin analysis has revealed exciting times may be ahead for the coin as it moves toward the 2024 halving. Supply shock may set in sooner than expected thanks to the introduction of spot ETFs and the block reward falling to all-time lows. In the video, PlanB looks at moving averages and the relative […]

According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of 24-karat gold a popular choice for investors, who take advantage of 2% over market spot prices. Costco Might Be Selling $200 Million in Gold Every […]

Cardano community has greeted this news with enthusiasm

HodlX Guest Post  Submit Your Post   Bitcoin mining has garnered a reputation for being wasteful and dirty though this couldn’t be further from the truth. Bitcoin mining can be as ‘green’ as any industry and is an essential aspect of Bitcoin overall. After Bitcoin mining was banned in countries such as China and others, it […]

Since its introduction, Raboo, an innovative AI-powered meme coin, has been turning heads as the next 100x crypto. As Raboo gains traction in its ongoing presale, it’s inevitable that underperforming FLOKI (FLOKI) and Bonk (BONK) may lose investors’ interest. What sets Raboo apart and makes it stand out? Join us as we examine Raboo’s unique […]