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 […]
‘$1 million Bitcoin’ advocate Samson Mow has made ultra-bullish BTC prediction
Shares in Metaplanet and Semler Scientific are up double and triple digits since the firms followed MicroStrategy’s Bitcoin playbook this year.
TL;DR Rebranding and Expanded Product Suite: Solend, a well-established DeFi application on Solana, has rebranded as Save Finance. The new name reflects its broader mission as a multipurpose DeFi platform. Impressive Growth and User-Centric Approach: Save Finance gained prominence during the crypto boom, reaching a peak Total Value Locked (TVL) of nearly $1 billion. Empowering […]
TL;DR Ambitious Forecast: VanEck predicts Bitcoin could reach $52.4 million per coin by 2050. This is based on Bitcoin becoming a key international medium of exchange and a potential world reserve currency. Scenarios and Market Cap: The report outlines three scenarios, with the most optimistic one seeing Bitcoin handle 10% of global trade and central banks holding 2.5% of […]
Analysis conducted by cryptocurrency exchange Kraken has found that Australian crypto investors are way ahead of the curve when it comes to embracing new memecoins. Kraken’s analysis also found Aussie crypto investors hold much more ETH as a percentage of their portfolios than their global counterparts. Unsurprisingly, Bitcoin was found to dominate trading volume in […]
Bitcoin 2024, a conference held in Nashville later this week, is shaping up to be a landmark moment for the industry. Increased political attention on the crypto sector has led to major strides in regulation. Fox Business has reported that Republican Senator Cynthia Lummis wants to take things to the next level, introducing Bitcoin as […]
Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum, received more than $1.1 million from victims between August 2021 and April 2022, promising to deliver cryptocurrency mining […]
MARA (NASDAQ: MARA), a leader in leveraging digital asset compute for energy transformation, has purchased $100 million worth of Bitcoin, bringing its total holdings to over 20,000 BTC, according to a press release sent to Bitcoin Magazine. The company also announced a new treasury policy to adopt a full HODL approach, retaining all Bitcoin mined […]
A widely followed crypto analyst and trader believes that one memecoin is heading for the next leg up. Pseudonymous crypto trader Altcoin Sherpa tells his 216,400 followers on the social media platform X that Pepe’s (PEPE) market fundamentals look strong. “PEPE: never got a chance to add at $0.00001111, I’m still in this though. Looks […]
Cryptocurrency investors are constantly on the lookout for the next big opportunity. While Bitcoin and Ethereum often dominate the headlines, other digital assets have garnered significant attention and support. Among these are Dogecoin, Toncoin, and Shiba Inu. Each of these cryptocurrencies has unique attributes and backing that make them intriguing options for investors. I will […]
But privately, she has reportedly voiced skepticism about the premier cryptocurrency. In a July 24 post, the CEO of Bitcoin Magazine, David Bailey, …
In a significant development showcasing the growing adoption of cryptocurrencies within traditional financial systems, the Jersey City pension fund is in the process of allocating an undisclosed percentage of its assets to invest in Bitcoin ETFs. Jersey City To Join Wisconsin In Bitcoin ETFs Investment According to Jersey Mayor Steven Fulop, the city’s pension fund […]
Market took serious hit amid large wipeout triggered by institutional investors
Interpol has issued red notices for Wong Ching-kit and his accomplice, Mok Tsun-ting, on charges of fraud, theft, and money laundering.
Former US President Donald J. Trump’s re-election campaign bid is raising millions in crypto funds. Trump, who has billed himself as “The Crypto Candidate”, began accepting crypto donations to his campaign earlier this year. Initially, data analysis showed little inflow to the campaign’s crypto wallet. By mid-June, data analytics firm Breadcrumbs found that Trump had […]
BlockDAG Team Reveal Set For July 29: Solana Traders Go Moonbound; Notcoin 1400% Surge Leaves Predictions in the Dust Crypto investors are buzzing with anticipation as Solana and Notcoin display strong upward momentum. Solana (SOL) traders are thrilled by potential gains, keeping a close watch on market trends. Notcoin price predictions also show significant increases […]