Solana extended gains above $180. SOL price is now struggling to reach the $200 level and showing some signs of a downside correction. SOL price started a downside correction from the $192 zone against the US Dollar. The price is now trading below $185 and the 100-hourly simple moving average. There was a break below […]
American fintech firm PayPal's cryptocurrency PayPal USD is now available in the Philippine market through Globe-backed digital wallet and finance …
Former Goldman Sachs executive Raoul Pal is updating his macro outlook, forecasting that a weaker dollar triggers rallies for gold and risk assets. Addressing his 1 million followers on the social media platform X, the Real Vision founder says that the Nasdaq (NDX) has most likely finished correcting after bouncing off of a major support […]
A leading crypto firm is making use of the leading blockchain oracle service in an effort to increase transparency. According to a new announcement from 21Shares, the firm’s Ethereum (ETH) exchange-traded fund (ETF) is utilizing Chainlink’s (LINK) Proof-of-Reserve (POR). “Exciting news! 21Shares has integrated Chainlink Proof of Reserve (PoR) on Ethereum to increase the transparency […]
Jump into MOONHOP! Early Investors Hit the ROI Lottery, Dogecoin Wobbles, JasmyCoin Hits New Highs The meme coin universe is bursting with investment fireworks, and there’s no time to lose! Dogecoin has just rallied from a critical $0.1 support level. Despite this, predictions remain gloomy for Dogecoin. Meanwhile, JasmyCoin is flirting with an all-time high, […]
Bitcoin has lost 5.7% over the past 12 hours or so, dumping $4,000 in a fall from $70,000 to just below $66,000 during early Asian trading on Tuesday, where it found support. However, it remains within a five-month rangebound channel that formed at the end of February. Analysts have been searching for clues to explain […]
According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second public consultation to finalize the drafts, hearing the opinions of market participants in order to tailor these rules to local needs. Central Bank of Brazil […]
Bitcoin creator Satoshi’s statement made 14 years back resonates today
Bitcoin sees familiar BTC price behavior as bulls’ latest push to $70,000 lasts a matter of minutes.
In a significant legislative move, Russian lawmakers have passed a bill permitting businesses to use Bitcoin and other cryptocurrencies in international trade, according to a report by Retuers. This development is part of Russia’s strategy to circumvent Western sanctions imposed following the invasion of Ukraine. The new law, expected to take effect in September, aims […]
The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to researcher DeFi Ignas, the attack began with an initial proposal to grant 92,000 COMP tokens, submitted without prior discussion on […]
A closely followed crypto strategist thinks that one large-cap layer-1 altcoin will outperform most digital assets this cycle. Pseudonymous analyst Inmortal tells his 214,500 followers on the social media platform X that he has his eye on Solana (SOL). “Solana is the fastest horse in this cycle. It will keep outperforming BTC and ETH. You […]
TL;DR Solana metrics appear inflated, with many non-organic transactions. Solana faces high activity from fraudulent projects and volume manipulation via bots. There is a significant discrepancy in liquidity and adoption between SOL and Ethereum. Despite the widespread enthusiasm surrounding Solana (SOL), a closer look suggests that the positive perception of the project may be overblown. […]
The approval of Bitcoin ETFs has made BTC more attractive to traditional investors, including pension funds. Michigan is now the third pension fund to invest in BTC, followed by Wisconsin and New Jersey. Bitcoin ETFs have reached a cumulative value of over US$17B According to its latest 13-F filing with the Securities and Exchange Commission […]
The Indian financial landscape is undergoing a transformation. With traditional asset classes experiencing fluctuations, many investors are …
The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities.
Bitcoin’s price finally touched the coveted $70,000 level yesterday but experienced a massive rejection that pushed it south by over four grand. The altcoins have also turned red on a daily scale, propelling a $100 billion decline in the total crypto market cap. BTC Rejected at $70K It was last Thursday when the bears seemed […]
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter Schiff believes the Biden administration will sell every bitcoin before Trump takes office. The transfer of $2 billion […]
Bitcoin maximalist Mow has issued important Bitcoin statement
Popular macroeconomics expert Lyn Alden is unveiling a path for countries to adopt the Bitcoin (BTC) Standard. In a new interview with crypto trader Scott Melker, Alden discusses the potential emergence of the Bitcoin Standard as the United States records a historic high of $35 trillion in debt. The Bitcoin Standard is a concept introduced […]
Why BlockDAG Network is A Superior Investment Opportunity Than Bitcoin Cash, & Litecoin In Q3 2024 BlockDAG is emerging as a standout. The project has captured significant attention through a strategic partnership with UFC champion Alex Pereira and a top ranking on CoinSniper, propelling its presale to an impressive $62.5 million, with each coin priced […]
Crypto analyst Dark Defender (@DefendDark) has updated his 108,000 followers on X about the XRP/USD market outlook with a 3-monthly chart. In his latest analysis, he points to an imminent major price movement before the end of this quarter, in other words by the end of September. XRP Price On The Verge Of Ultimate Breakout […]
We’re thrilled to announce that Layer3 (L3) is now available on Kraken! Funding and trading L3 trading will be live as of 10:00 AM UTC today, July 30, 2024. To add $L3 to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into the […]
Listed both on Wall Street and the London Stock Exchange (LSE) Bitcoin miner Argo Blockchain, has announced a £6.5 million private placement agreement with an institutional investor. The deal involves the issuance of 57,800,000 ordinary shares at £0.1125 per share on the LSE, along with warrants to purchase an additional 57,800,000 shares at the same […]
Shares of New York-listed cryptocurrency firms saw gains after Republican presidential candidate Donald Trump expressed support for bitcoin and …
Microsoft investors are increasingly anxious about the slow financial returns from its significant investments in artificial intelligence despite Azure’s steady growth.
TL;DR The Controversy: Ethereum founder Vitalik Buterin responds to allegations of centralization made by Péter Szilágyi, an Ethereum team lead. Szilágyi criticized the network’s direction, particularly upcoming forks, and the PeerDAS proposal. Buterin’s Initiatives: Buterin highlights several projects within the Ethereum research community. Market Impact: Despite the controversy, Ethereum’s price remains strong, trading around $3,300. The balance between […]
TL;DR Post-Halving Rally: Bitcoin surged to a seven-week high of $69,775, nearing its all-time record. The recent halving event, which reduces supply, typically impacts prices around 100 days later. Institutional Interest: Institutional participation is driving Bitcoin’s rally. Futures open interest hit a record $39.37 billion, with CME Group leading. Major exchanges also saw rapid future […]
Analysts are split on the state of the current crypto market, as Bitcoin enters a ranging phase. Some believe that the coin is set to burst out of the blocks over the next month, likely breaching its previous all-time high. Others predict Bitcoin will remain in its accumulation phase for the foreseeable future, as investors […]
Bitcoin struggles to maintain its position above US$66K, with the broader market also experiencing losses, except for a modest gain by Ethereum. Recent profit-taking and ongoing sales pressure could lead to further market consolidation, despite positive sentiment among analysts. Bitcoin’s future market shows strong engagement with a surge in open interest, suggesting cautious optimism as […]
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted a spike in scams directing users to crypto investment-related websites or platforms like Whatsapp […]
Vitalik Buterin just shared his review on crucial Bitcoin challenge