Institutional interest in Bitcoin, led by Larry Fink and BlackRock, has increased demand for the cryptocurrency. Hut8 reports major banks are directly contacting miners to purchase Bitcoin due to exchange supply shortages. Following a merger and re-domiciliation in Miami, Hut8 holds over 9,100 BTC, aiming for financial strength and market stability. Recent institutional interest in […]
Bitget wallet released a meme coin last week called donotfomoew, repeatedly telling investors that it’s a bad idea to purchase the digital currency. Contrary to the developer’s assurances, it was actually an incredibly GOOD idea to buy the coin – at least for one lucky holder. An anonymous wallet purchased 4ETH (USD $13K) worth of […]
Whitepaper V2 Launch: BlockDAG Potential of 20,000X ROI Amid Aave’s Uplift & PENDLE’s Momentum Cryptocurrency investors are always searching for promising opportunities, and BlockDAG stands out amidst fluctuations in Aave prices and PENDLE reaching all-time highs. This unique project captures attention with its innovative Crypto Payment Card and a presale raising over $12.7 Million. It […]
Global payment giant PayPal has announced that all United States users will be able to facilitate money transfers to friends and family abroad using USD converted from the PayPal USD (PYUSD) stablecoin. PYUSD is, however, not available to residents of Hawaii. PYUSD to USD Conversions for Cross-Border Transfers PayPal said that US customers leveraging its […]
U.Today’s latest crypto news digest is already out, don’t miss this piece!
The Brooklyn district attorney announced Thursday his team successfully disrupted a cryptocurrency operation that defrauded people from across the …
The memecoin market has been dominated by dog-themed tokens for the past few years. Despite not being as popular and well-known as their canine crypto counterparts, cat-themed tokens are starting to appear at the forefront of the meme-inspired market. Cats In A Dogs Crypto Market Memecoins can become a market sensation overnight, and their communities […]
A popular crypto analyst and trader says that Bitcoin (BTC) could hit new all-time highs (ATHs) if it breaks above a key range. Pseudonymous crypto strategist Credible Crypto tells his 386,200 followers on the social media platform X that Bitcoin could soar after clearing the $68,000-$70,000 range resistance. However, the trader warns if Bitcoin fails […]
A top analyst who accurately called Bitcoin’s (BTC) 2022 price floor says the king crypto’s current cycle top may max out at $100,000. In a new strategy session, pseudonymous analyst DonAlt tells his 58,600 YouTube subscribers that Bitcoin may soar more than 47% from the current value to print a cycle top if there is […]
Tech giant Google has filed a lawsuit against two Chinese nationals, accusing them of developing fraudulent cryptocurrency apps on the Google Play store and defrauding more than 100,000 users globally. “This is a unique opportunity for us to use our resources to actually combat bad actors who were running an extensive crypto scheme to defraud […]
Ripple announces plans to launch a new fully asset-backed US dollar-pegged stablecoin later this year on XRP Ledger and Ethereum. Ripple says it expects the stablecoin market to grow almost 20-fold by 2028, with its new stablecoin encouraging increased enterprise adoption. Doubters of Ripple’s shift in strategy suggest it’s a last ditch attempt to save […]
BlockDAG Leads the Crypto Revolution: Surpassing Bitcoin Dogs Update with Innovative Tech and Unmatched 20,000x ROI With the latest developments from the Bitcoin Dogs update, investors are setting their sights on the future, but BlockDAG is stealing the spotlight. While Bitcoin Dogs has been creating waves with its dog-themed digital assets, the investment community is […]
Despite most recent market plunge, we might see swift reversal
The FBI in Raleigh warning consumers about a growing scam that is taking tens of millions of dollars from people in North Carolina alone.
Bitcoin price is attempting a recovery wave above the $66,500 resistance. BTC must clear the $70,000 resistance to continue higher in the near term. Bitcoin is facing many hurdles near the $69,500 and $70,000 levels. The price is trading above $67,000 and the 100 hourly Simple moving average. There was a break above a key […]
A closely followed crypto analyst is predicting a red-hot altcoin built on the Ethereum (ETH) scaling solution Base will head to new all-time highs (ATHs). Crypto strategist Ali Martinez tells his 56,700 followers on the social media platform X that memecoin Brett (BRETT) could appreciate about 71% from its current value. “BRETT on Base presents […]
Payments platform Ripple is announcing its plans to create a new US dollar-pegged stablecoin on Ethereum (ETH) and the XRP Ledger. In a new press release, Ripple Labs says that its stablecoin, which has yet to be named, will be pegged 1:1 to the US dollar and will be 100% backed up by cash, short-term […]
TL;DR Dogecoin experiences a 10% weekly price decline after the recent bull run, following a broader market correction. Predictions for DOGE’s price include significant increases, with discussions on its potential for reaching new ATH. Dogecoin (DOGE) is among the worst-affected cryptocurrencies (from the top 10 list) from the latest market correction, with its price tumbling […]
TL;DR Halving Event: Bitcoin Cash (BCH) completed its second halving on April 3, 2024, reducing mining rewards from 6.25 to 3.125 BCH, marking a significant event for the network’s economy and its miners. Market Impact: The halving led to a price surge of 147.85% over three months before the event, followed by a 9.94% dip […]
TL;DR Fidelity’s FBTC ETF experienced a record influx of $113.5 million in one day, indicating strong investor interest in Bitcoin as an investment vehicle. The shift towards Bitcoin ETFs like FBTC suggests a market preference for regulated, secure, and user-friendly cryptocurrency investment options. The rise in Bitcoin ETF investments, particularly in FBTC, is seen as a sign of cryptocurrency’s growing […]
Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings that criticized the SEC for “gross abuse of power,” lack of “faithful allegiance to the law,” and being “arbitrary and capricious.” Ripple’s Legal Chief […]
Major financial services company Franklin Templeton, managing approximately $1.5 trillion in assets, believes Bitcoin is experiencing a “renaissance” in innovation driven by ordinals and other new developments on Bitcoin. JUST IN: $1.5 trillion asset manager Franklin Templeton says Ordinals drive ‘positive momentum’ in #Bitcoin innovation. Institutions are coming 🙌 pic.twitter.com/3lSDwNwE5Q — Bitcoin Magazine (@BitcoinMagazine) April 4, 2024 […]
Bitcoin’s true target could be higher than expected by majority
Blockchain/cryptocurrency company Ripple plans to launch a dollar-pegged stablecoin on the XRP Ledger and Ethereum blockchains.
Ethereum price is struggling to recover above the $3,440 resistance zone. ETH is moving lower and might decline further if it clears the $3,250 support. Ethereum is struggling to climb above the $3,370 and $3,440 levels. The price is trading below $3,380 and the 100-hourly Simple Moving Average. There was a break below a major […]
The chief investment officer of Goldman Sachs Wealth Management reportedly thinks that investing in crypto is nothing more than a means of speculation. According to The Wall Street Journal, Sharmin Mossavar-Rahmani does not consider crypto as an investment class because it is nearly impossible to accurately value cryptocurrencies and these digital assets do not produce […]
CFTC Chairman Rostin Behnam views Ethereum as a commodity, amidst differing opinions and SEC’s silence on its classification. JPMorgan report indicates Ethereum’s decreasing centralisation could prevent it from being deemed a security, citing the importance of network decentralisation. However, BlackRock’s CEO Larry Fink believes that Ethereum’s classification as a security wouldn’t preclude the creation of […]
Raoul Pal repeatedly warns about the importance of careful investing, a sentiment echoed in discussions with Arthur Hayes. Hayes advises against FOMO, suggesting only a small portion of a portfolio should go to high-risk assets like memecoins. Despite potential for high returns, both Pal and Hayes caution against expecting life-changing wins from speculative investments. You’ve […]
As Polkadot and Chainlink face challenges, attention shifts to the potential game-changer, ICO crypto Raboo. With an entry-level token presale price of just $0.003, Raboo is poised to surge 100x in 2024, driving the $62 Billion Meme Market to new heights. However, amidst optimistic Chainlink price predictions, it grapples with its own hurdles, including scalability […]
There are around 18,000 Bitcoin options due to expire on April 5 with a notional value of $1.23 billion. However, today’s expiry event is much smaller than last week’s whopping $15 billion end-of-quarter crypto options expiry. Moreover, markets have been weaker this week, with total capitalization falling 5% as $150 billion left the space. Bitcoin […]
The chief investment officer of Goldman Sachs’ Wealth Management unit does not see cryptocurrency as an investment asset class. She also believes that bitcoin “creates absolutely no value in any shape or form.” Her perspective differs from that of some other Goldman Sachs executives regarding bitcoin and cryptocurrencies. ‘We Do Not Think It Is an […]
Sweeping across the shores of Latin America comes a scheme from some of the most predatory figures in the venture capital ecosystem of the United States. It is a brazen attempt to assert foreign influence across Latin America and threatens to reshape the very fabric of the region and the day to day lives of […]