Bitcoin’s recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears.
UFC Champion Alex Pereira Joins Forces with BlockDAG, Presale Surges to $61M; Insights on Bitcoin Cash & Toncoin Prices As Bitcoin Cash (BCH) nears the significant $400 mark and Toncoin (TON) prepares for record highs, the crypto community is buzzing. Amid these exciting developments, UFC champion Alex Pereira has signed on as BlockDAG’s brand ambassador. […]
The Swiss Financial Market Supervisory Authority (FINMA) has today (Friday) released new guidance regarding the issuance of stablecoins. This document addresses default guarantees, associated risks, and FINMA’s approach to regulating stablecoins. It also highlights increased risks related to money laundering. Stablecoin Risks Highlighted In recent years, stablecoin projects have gained significance in Switzerland. These projects […]
PRNewswire/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced a new campaign in response to USDC …
CRV, the native token of Curve, a stablecoin decentralized exchange (DEX), is under immense selling pressure. After the hack of July 2023, CRV has never been the same again. However, the painful liquidations of Michael Erogov’s loans have worsened the situation for holders. Curve Founder Forced To Sell $677,000 Of CRV, Token Falling After the […]
TL;DR Ledger launches the new Flex model, an intermediate option in its line of hardware wallets, priced at $249 with advanced features, such as a 2.8-inch E Ink touchscreen. The Flex model includes USB C connectivity, Bluetooth 5.2, and NFC, and promises long battery life. It is available in two versions: black and silver, and […]
BlackRock, the world’s largest asset manager, sees limited interest in crypto beyond Bitcoin and Ethereum. Robert Mitchnick of BlackRock stated clients focus mainly on BTC, with lesser interest in ETH, and little beyond. Despite BlackRock’s cautious stance, other firms like Franklin Templeton and Hashdex explore further crypto ETFs. Hoping to see more crypto exchange-traded funds […]
Ethereum ETFs went live earlier this week, amassing close to US $1b in trading volume within the first day of trading. While the community anticipates Ethereum’s price to rise – like Bitcoin’s did following ETF approval – some in the industry aren’t so bullish. Swissblock believes that Ether ETFs will dilute the validator pool, as […]
Yet another regional government has disclosed an allocation to the newly launched Bitcoin ETFs, forging another step in Bitcoin’s growing adoption among not only institutions but also governments. In a Form-13F filed on Friday, the State of Michigan Retirement System revealed that it had $6.6 million allocated to Bitcoin ETF products as of June 30. […]
This is yet another indication of resurgence in venture capital investments in cryptocurrency
According to the blockchain-based prediction market Polymarket, there is an 84% likelihood that former President Donald Trump and current Vice President Kamala Harris will debate before the election. Trump has shown hesitation to debate Harris until her official nomination, citing significant confusion within the Democratic party. High Stakes: $142,846 Wager on Trump-Harris Debate Before Election […]
PARIS & NASHVILLE, Tennessee | Ledger, the world leader in Digital Asset security for consumers and enterprises, today launched for sale Ledger Flex, its second new product launch in 2024. Released during Ledger’s tenth anniversary, Ledger Flex and the previously released Ledger Stax mark the inception of a new generation of Ledger hardware, featuring secure […]
Marathon CEO Fred Thiel said he would not comment on Harris’ policies because they are still unknown at this time.
bitFlyer Holdings Inc, a cryptocurrency exchange in Japan, has announced it has completed the acquisition of 100% of FTX Japan’s outstanding shares, making it its wholly-owned subsidiary. This subsidiary will be rebranded under the bitFlyer name by August 26, 2024. Expanding with Acquisition This acquisition aligns with bitFlyer’s strategic goals on two main fronts. First, […]
Leading US cryptocurrency exchange Coinbase has appointed three new members to its board of directors, expanding the board from seven to ten members.
Today, the Render Network finalized its RENDER crypto AI token migration and upgrade. Following the highly anticipated rebrand, the AI token saw a positive price action, surging over 15% on the last day. Investors and market watchers expressed optimism about the rebranded token and consider it could hit $10 soon. From RNDR To RENDER Last […]
Dogecoin ($DOGE) has recently broken out of a wedge pattern, hinting at a potential 44% upside. Noted crypto analyst Ali Martinez has highlighted his unwavering confidence in DOGE, stating that he hasn’t sold any of his holdings and continues to accumulate more. It looks like #Dogecoin $DOGE broke out of a wedge, which suggests an […]
After a substantial price decline that drove it to a weekly low of under $64,000, bitcoin has recovered most losses and now sits above $67,000. The total crypto market cap has also reclaimed the recently lost ground, as many altcoins have turned green on a daily scale. BTC Rises Above $67K Following last Friday’s crash […]
Odds of a big rally for Ethereum (ETH) rival Cardano (ADA) and two other altcoin projects are rapidly increasing, according to the crypto analytics firm Santiment. Santiment reports that ADA, fan engagement token Chiliz (CHZ) and ETH rival Fantom (FTM) are facing negative funding rates, setting the stage for short squeezes. “When selecting altcoins, pay […]
TL;DR Ethereum Price Correction: Ethereum (ETH) experienced a significant correction of almost 9% in a single day, making it the most substantial decline among the top 10 cryptocurrencies by market value. Bearish Outlook: Technical indicators suggest a bearish outlook for Ethereum. The Relative Strength Index (RSI) sharply declined, and moving averages exhibit bearish convergence. Spot […]
The mayor of Jersey City, Steven Fulop, has announced the city’s pension fund will be investing in Bitcoin ETFs. In his announcement, Fulop also declared that the question of whether crypto is here to stay is over and that crypto and Bitcoin have “won”. Fulop, who is a longstanding crypto supporter, also said he believes […]
HSBC Australia halts outbound payments to cryptocurrency exchanges, effective 24 July 2024. The bank cites scam-related losses and the irreversible nature of crypto transactions as reasons. Despite crypto’s use in crime, cash remains the preferred method for criminal transactions. As reported earlier, HSBC Australia has stopped customers from sending money to cryptocurrency exchanges. The sweeping […]
Blue-chip institutional investors are becoming increasingly comfortable with Bitcoin
Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange.
The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity Fund Institute 005). The investor had deposited funds on the now-inaccessible Vims.one platform through a Whatsapp group led by “Mark” […]
Ego Death Capital, a venture capital fund focused on investing in Bitcoin technology startups, has announced the successful first close of its $100 million second fund. The fund has already secured $43.35 million in commitments from investors, underscoring strong interest in backing the next wave of Bitcoin companies. Ego Death has previously backed leading startups like […]
Revolutionising Cryptocurrency Investing: Pin-Point Data, Optimum Buy & Sell Zones & Ultra Growth Opportunities.
XRP price is holding gains above the $0.5920 zone. The price could gain bullish momentum if it clears the $0.6120 resistance level. XRP price is consolidating gains below the $0.6120 resistance zone. The price is now trading near $0.6050 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at […]
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Bitcoin (BTC) while offering his insight into two other digital assets. The analyst pseudonymously known as CredibleCrypto tells his 404,100 followers on the social media platform X that Bitcoin appears “unequivocally bullish” on the high time frames despite the price action on the […]
Dogecoin (DOGE) could hit a new all-time high during the current cycle, according to a widely followed cryptocurrency analyst and trader. The analyst pseudonymously known as Kaleo tells his 642,600 followers on the social media platform X that Dogecoin is mimicking price action and that the largest memecoin by market cap could skyrocket by between […]
The Core Foundation announced today the launch of its Dual Staking model, a significant upgrade to its pioneering Non-Custodial Bitcoin Staking system. This innovative model, which functions as a Bitcoin bond layer, has been instrumental in establishing the Bitcoin Risk-Free Rate. With approximately 55% of Bitcoin mining hash power now delegated to Core, the network […]
TL;DR Shiba Inu (SHIB) saw a minor daily price increase and significant growth in transactions and new contracts on the Shibarium network. Despite the overall bullish conditions, one analyst warned about a potential 10% price drop. SHIB’s Revival The cryptocurrency market has flashed green in the past 24 hours, with multiple digital assets charting substantial […]