The post Fundstrat’s Tom Lee Sees Stock Market Rising on Wall of Worry, Says Inflation on Path To Glide Lower appeared first on Crypto News Australia.
Fintech firm and stablecoin issuer Circle has announced that native USDC is now available on the leading layer 2 rollup, zkSync, thereby making it accessible to developers and users without the need for bridging. With the latest inclusion, USDC is now supported on a total of 16 blockchain networks. USDC on zkSync In its official […]
Crypto analyst Willy Woo predicts huge surge in Bitcoin’s price ahead of halving event
Additionally, over half of the respondents expressed concerns about the potential collapse of a major cryptocurrency within the next two years.
In a strategic move to bolster its European presence, Okcoin Europe Ltd. has rebranded to OKX and appointed Erald Ghoos as the new European General Manager. As part of this rebranding, OKX aims to unify its brand worldwide. OKX Expands European Presence OKX is one of the biggest crypto exchanges globally trusted with over 50 […]
ADA’s bullish trajectory remains intact from a long-term perspective. Hence, it is still undergoing correction as it faces a crucial support line. Failure to regain strength may result in a serious crackdown. Last Thursday, ADA found support (at $0.55) above a crucial ascending trendline after witnessing drawbacks for three weeks. It stayed calm for days […]
U.S. spot bitcoin exchange-traded funds (ETFs) have surpassed $200 billion in cumulative trading volume since launching just three months ago. JUST IN: 🇺🇸 US #Bitcoin spot ETFs trading volume surpasses $200 billion within just 3 months. Asia is next 🚀 pic.twitter.com/VxQdQJEIjN — Bitcoin Magazine (@BitcoinMagazine) April 10, 2024 According to data from The Block, the total […]
BNB price is attempting a fresh increase from the $575 zone. The price is up over 5% and the bulls seem to be aiming for a move above $620. BNB price started a fresh increase after it found support near the $575 zone. The price is now trading above $600 and the 100 simple moving […]
The founder and CEO of Galaxy Digital believes looming rate cuts by the Fed are bullish for Bitcoin (BTC) and precious metals. Billionaire Mike Novogratz tells his 466,200 followers on the social media platform X that rate cuts may be bad for the US economy, but good for Bitcoin. He suggests rate cuts will increase […]
TL;DR On-chain data shows that demand for Bitcoin from HODLers is currently outpacing miner issuance for the first time. The increase in demand could drive a bullish trend in BTC price by reducing the available supply in the market. The upcoming Halving, scheduled in approximately ten days, could further intensify this bullish trend if demand […]
The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn product. Product Finder Lacked the Necessary License or Authorization The Australian […]
Consumers recently surveyed by Deutsche Bank are divided over Bitcoin’s staying power
As an industry leader in making cryptocurrency transactions more accessible to the public, RockItCoin is at the forefront of navigating the evolving …
The post Trader Peter Brandt Predicts Breakout Rally for BTC Amid ‘Basic’ Bull Market Pattern – But There’s a Catch appeared first on Crypto News Australia.
The U.S. Securities and Exchange Commission (SEC) is cracking down on another corner of the crypto industry, this time targeting one of the biggest players in decentralized finance (DeFi). On Wednesday, the regulator issued a Wells Notice against Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). Uniswap To Be Sued By SEC […]
Bybit has introduced an advancement aimed at enhancing the user experience for crypto purchases. Through the integration of Google Pay, Bybit is facilitating a streamlined approach to crypto acquisition, marking a shift in the landscape of digital asset transactions. Integration Simplifies Crypto Transactions across 35 Currencies This pioneering integration enables users from across 35 different […]
A Nigerian federal high court has ordered a senior Binance executive to be remanded for over a week at a prison in Abuja, the country’s capital, according to a Premium Times report. The federal high court reportedly issued the order after the head of financial crime compliance at Binance, Tigran Gambaryan, was arraigned on five […]
Bella Protocol has partnered with Manta Network, a modular layer-two building a secure and interoperable future for ZK (zero knowledge) applications. With this strategic partnership, the idea is to unlock the vast potential of the fast-growing Manta ecosystem and leverage Bella’s successful track record in catalyzing growth and innovation in DeFi. Kenny Li, co-founder of […]
This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. Mirror, mirror on the wall, who’s the cringiest of them all? Is it the JPEG People? Or is it the Laser-Eyed Maxis? Or is it both? The […]
Dogwifhat (WIF) has been on a wild ride this week. As of Tuesday evening, its value surged by nearly 10%, however, the canine-inspired cryptocurrency could not sustain the momentum and by Wednesday, it lost 14% of its value. Dogwifhat’s Aggressive Rise And Sudden Dip The rollercoaster ride began with a bang. Dogwifhat, a newcomer to […]
After witnessing a deeper correction throughout last month, Tron TRX found a solid ground level and increased slightly. The price appeared strong this month as it created another bullish setup on the daily timeframe. Going back to where TRX started to increase in 2023, the price has seen nice growth as it exploded by more […]
Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro emphasized that Tether obtained net income numbers close to the ones of traditional institutions such as Goldman Sachs and Morgan Stanley in 2023, with a […]
TL;DR Bitcoin falls in response to inflation data in the U.S., causing turmoil in financial markets. Consumer Price Index (CPI) data shows a 0.4% increase in March and a 3.5% increase over the last 12 months. The crypto market is slowly recovering from the blow, with Bitcoin trading above $68,000 and other altcoins like Ethereum, […]
TL;DR Stabilization of GBTC: Grayscale’s CEO Michael Sonnenshein reported that the Grayscale Bitcoin Trust (GBTC) is showing signs of stabilization after a period of significant investor withdrawals. Fee Reduction Strategy: In response to competition and high fees associated with GBTC, Sonnenshein hinted at a future reduction in fees to enhance the trust’s competitiveness. Introduction of […]
Experts weigh in on key market indicators driving Bitcoin’s bullish momentum
… cryptocurrency asset platform, Abra, for violating state securities regulations. The group of affiliated companies commonly known as Abra include …
[PRESS RELEASE – Dubai, UAE, April 10th, 2024] MANTRA just announced the launch of its Hongbai Incentivized Testnet, a move seen as a significant step towards integrating traditional financial markets with decentralized finance (DeFi). The introduction of the Hongbai Testnet follows the success of MANTRA Chain’s testnet first phase. It now opens the floodgates for […]
Steven Nerayoff, a prominent early advisor to the Ethereum network, has filed a $9.6 billion lawsuit against the United States government. The lawsuit, filed under the Federal Tort Claims Act (FTCA), alleges that federal agents knowingly pursued false charges against Nerayoff and engaged in harassment and intimidation tactics, including evidence fabrication. Former Ethereum Advisor Sues […]
One Solana (SOL)-based altcoin is soaring after landing a surprise listing on Coinbase, the top crypto exchange in the US. In an announcement via the social media platform X, Coinbase says it’s adding Shadow Token (SHDW) to its trading platform. Shadow Token is expected to be available on the platform starting Wednesday, at noon Eastern […]
Two US Senators are reportedly looking to introduce new stablecoin regulations sometime this week or next. According to a new report by Forbes, Senators Kirsten Gillibrand, a Democrat from New York, and Cynthia Lummis, a pro-crypto Republican from Wyoming, announced earlier this week that they together will be introducing new stablecoin regulations. As stated by […]
Gaming startup Playtron is trying to challenge the dominance of handhelds from existing giants like Steam and Nintendo with the launch of a low-cost, flexible operating system that can run on all kinds of devices—and it’s teaming with Mysten Labs to launch a Sui-branded model. On Wednesday, Playtron and Mysten Labs revealed the SuiPlay0x1 at […]
Miles Deutscher predicts that real-world asset tokenisation will be the next sector to fly in a post-halving BTC world. The social media analyst believes that BlackRock’s entry into the industry will kickstart 10x growth between now and 2030. Deutscher discussed several altcoins in this sector that may be ready to take the next step. Chainlink […]