According to the IEA, electricity consumption from data centres, artificial intelligence (AI) and the cryptocurrency sector could double by 2026.
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a surge in optimism in the cryptocurrency market. The emergence of two new whales, according to crypto tracking platform Spot On Chain, further adds to the bullish sentiment surrounding Ethereum. These whales have collectively withdrawn a substantial amount of ETH, totaling nearly 11,700 coins, […]
Ripple chief executive Brad Garlinghouse thinks macro factors could double the overall crypto market cap by the end of 2024. Garlinghouse told CNBC recently that regulatory momentum and the newly approved spot Bitcoin (BTC) exchange-traded funds (ETFs) could drive a massive surge in crypto prices. “I’ve been around this industry for a long time, and […]
Ava Labs CEO Emin Gün Sirer believes that the masses are completely clueless about the technological innovations of crypto and blockchain. The CEO of the Avalanche (AVAX) development firm says in a new Real Vision interview that the “entire [crypto] space is incredibly undervalued.” According to Gün Sirer, cryptocurrency and blockchain technologies are far superior […]
[PRESS RELEASE – Please Read Disclaimer] Dubai, UAE — TOKEN2049, the leading global Web3 and crypto conference series, has unveiled the initial speaker lineup for its inaugural Dubai edition, which will be taking place from 18-19 April 2024. The first round of the event’s speaker lineup has been made public. The list includes Paolo Ardoino, […]
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that cryptocurrencies now represent about 11% of his portfolio. He stressed that he owns crypto coins directly and would never buy spot bitcoin exchange-traded funds (ETFs). “I would never do that. Why would I pay the fees?” he emphasized, adding that he owns bitcoin and […]
Galaxy Digital CEO Mike Novogratz is convinced that the US Federal Reserve is going to cut rates, but the odds of three rate cuts in 2024 look increasingly dim
We’re thrilled to announce that Beam (BEAM) is now available on Kraken! Important: Kraken will not be supporting the migration of MC tokens to BEAM. If you hold MC tokens and wish to migrate them, please follow the instructions provided in this tutorial and FAQ: Beam Token Migration Tutorial and FAQ. Alternatively, you can directly […]
TL;DR Mike Novogratz, CEO of Galaxy Digital, predicts interest rate cuts by the U.S. Federal Reserve. Mike highlights the potential positive impact for assets like Bitcoin and precious metals in case of interest rate cuts. The CEO advocates for a balanced approach in economic policy that addresses both immediate recovery needs and long-term fiscal sustainability. […]
Japanese firm Metaplanet announced it is purchasing 1 billion yen (about $6.5 million) worth of Bitcoin as part of its corporate treasury strategy, a move that mimics MicroStrategy’s high-profile Bitcoin accumulation. Metaplanet, a publicly traded company listed on the Tokyo Stock Exchange, a diversified enterprise, revealed the Bitcoin buying initiative on X. The company cited hedging […]
Phishing scams are bubbling up on the Ethereum (ETH) block explorer Etherscan, according to the cybersecurity firm Scam Sniffer. The firm says Etherscan aggregates advertisements from crypto and web3 ad networks Coinzilla and Persona, which could be using “insufficient” filtering that enables exposure to phishing attempts. Source: Scam Sniffer/X Scam Sniffer has previously noted crypto […]
Neo, a decade-old blockchain project, has risen from the ashes to reach its highest price in nearly two years. The surge comes on the back of a speech made by the project’s founder at a Web3 Festival in Hong Kong, causing a 40% price rise in just a few days. The speech outlined a vision […]
Mathew Ceddia, starting with $300, achieved a $150,000 dream via crypto trading, blending fundamental and technical analysis. Leveraging Coin-M Futures and a keen eye on ETF developments, Ceddia maximised profits through strategic Bitcoin investments. Ceddia’s journey underscores the value of focused learning and community in the crypto space. Taking $300 and turning it into $150,000 […]
DEGEN, the memecoin associated with the Base ecosystem, has experienced a notable uptick, gaining 11% in the past 24 hours after enduring a price drop of over 15% in the preceding week. This surge coincides with the announcement of the “Deploy on Degen Week” initiative, spearheaded by Degen and Syndicate. The initiative aims to stimulate […]
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Filecoin (FIL), a decentralized data storage network, has experienced a recent surge in value, grabbing the attention of cryptocurrency analysts. The price increase, coupled with bullish analyst predictions, has ignited optimism for FIL’s future. At the time of writing, FIL was trading at $8.99, down 0.8% in the last 24 hours, but managed to sustain […]
Charles Hoskinson has criticized “all the dunking of Cardano,” and asserted that the protocol offers the “optimal route for scalability, governance, and innovation.” According to Hoskinson, the crypto industry’s problem is that it allows “carnival barkers [to] dominate the conversation.” Cardano FUD Charles Hoskinson, co-founder of Input Output Global Inc., has criticized “all the dunking […]
Mammoth SHIB burn rise detected, while meme coin’s price has made another attempt to recover
[PRESS RELEASE – Please Read Disclaimer] Dubai, UAE — April 4, 2024 — TOKEN2049, the premier crypto event, has officially announced that tickets for the inaugural Dubai conference have sold out over two weeks in advance with 10,000 industry participants confirmed. The unprecedented demand underscores the event’s role as the leading international gathering within the […]
The second annual Bitcoin Policy Summit by the Bitcoin Policy Institute begins today in Washington, DC and features leading bipartisan lawmakers, Bitcoin experts and human rights advocates. Congressional representatives include Cynthia Lummis (R-WY), Kirsten Gillibrand U.S. Senator (D-NY), Wiley Nickel (D-NC), Marsha Blackburn (R-TN), and Majority Whip of the U.S. House of Representatives Tom Emmer (R-MN). The […]
Crypto short sellers are getting liquidated as Bitcoin (BTC) breaks out past the $70,000 mark once again while altcoins also rally. According to liquidation data from CoinGlass, the crypto markets have seen more than $187 million in liquidations in the last 24 hours – the majority of which are short sellers. In the last day, […]
American retail trading giant Robinhood has reportedly grown its digital asset holdings substantially in the past six months, according to an on-chain expert. Parsing through data from blockchain intelligence firm Arkham, Coinbase director Conor Grogan estimates that Robinhood’s Bitcoin (BTC) stash has grown 14%, adding to its $23.59 billion holdings. At the same time, Grogan […]
TL;DR Arthur Hayes, the BitMex founder of BitMEX, predicts a potential decline in Bitcoin and crypto prices around the upcoming Bitcoin halving event on April 20th, 2024. He attributes this to the widespread market anticipation and a decrease in dollar liquidity. Despite his belief in cryptocurrency, Hayes has chosen to refrain from trading until May and […]
A Douglas County woman lost $158000 after believing she was talking with a cryptocurrency guru on Instagram. Secret Service and FBI got involved …
A self-acclaimed VeChain (VET) insider has made a bold claim about the token’s price. The insider suggested that VET’s tepid price action is a strategic ploy by the team, and the token will eventually make a parabolic rise when the time comes. VeChain Will “Reach The Finish Line” The self-claimed insider known as ‘VeChain Whale’ […]
After a mixed reaction in the past week, Ethereum ETH is slowly gaining traction again as the bulls return. It appears lagging as it follows BTC pattern, but has found a solid ground and remains bullish on the day. Ethereum started this month on a negative note after dropping from a week consolidation phase two […]
ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins. The organization is in talks with several parties seeking to issue their stablecoins, and this service would be available for them after receiving a license from the Hong Kong Monetary Authority (HKMA). ZA Bank to […]
Halving is not the only thing you should be waiting for
Tigran Gambaryan, a Binance executive detained by the Nigerian authorities in February, was remanded yesterday (Monday) after a “not guilty” plea, several local media outlets reported. He has been sent to Kuje Correctional Center pending the determination of his bail application. The Executive Is Awaiting Bail The Nigerian court’s judge will rule on Gambaryan’s bail […]
Fantom (FTM) co-founder Andre Cronje says the Solana (SOL) network is a victim of success as the smart contract platform faces criticisms due to congestion issues. In a post on social media platform X, Cronje says that Solana’s recent outages are only because of its rising user activity and popularity. “Seeing a lot of ‘I […]
Digital assets manager CoinShares says institutional investment in crypto products last week helped push inflows to their highest-ever year-to-date levels. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products brought in $646 million in inflows last week. “Digital asset investment products saw continued positive sentiment with inflows totaling US $646 million […]
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin’s revolutionary Lightning Network has seen two major rollout initiatives begin in the last month, with […]