On-chain data shows the recent Bitcoin drawdown has shaken up the short-term holders, leading them to make large exchange deposits at a loss. Bitcoin Short-Term Holders Have Transferred Huge Volume In Loss To Exchanges As analyst James Van Straten pointed out in a post on X, the BTC short-term holders have recently participated in a […]
Crypto payments firm Ripple is gearing up to debut its own dollar-pegged stablecoin this year. Here’s what we know so far. Ripple is a crypto payments company. Image: Shutterstock We do the research, you get the alpha! Go to Alpha Reports Fintech firm Ripple announced Thursday that it plans to launch its own stablecoin pegged […]
Following a recent market dip, the price of MKR, the native token of MakerDAO, has experienced a notable rebound of approximately 7% within a span of 10 hours. However, insights from whale activity suggest varying perspectives on the token’s trajectory. A multisignature wallet, likely affiliated with MakerDAO, has made significant moves in the market. After […]
The Bitcoin halving event has been scheduled to take place in the next 15 days. Based on historical data, it could trigger a bull run that would last months, setting new price peaks. Crypto data analytics platform Kaiko believes BTC could record a new top within nine to twelve months after the event on April […]
Peter Brandt’s assertion of Bitcoin’s dominance over gold prompts market scrutiny amid concerns of potential exhaustion in Bitcoin ETFs
But EFCC counsel, Ekene Iheanacho maintained that though there is no physical presence of Binance in Nigeria, Gambaryan is the cryptocurrency …
HodlX Guest Post Submit Your Post Bitcoin halving 2024 – perhaps the most eagerly awaited event in the crypto world this year – is now less than a month away. While the abundance of countdown timers scattered across various platforms highlights its significance, its true implications for the crypto market remain somewhat ambiguous. Officially, the […]
A widely followed crypto analyst and trader is offering his forecast on a digital token that represents physical and traditional financial assets or Real World Assets (RWA). The trader pseudonymously known as Altcoin Sherpa tells his 213,700 followers on the social media platform X that crypto assets in the RWA category are still “strong”. According […]
TL;DR Wormhole, Ethena, and Waves are in the spotlight as leading projects in the surge of digital tokens, according to Santiment. Wormhole experienced a massive increase in its popularity after its “Token Generation Event,” although the price of the W token has decreased since then. Ethena Labs generated significant interest with its $450 million airdrop […]
TL;DR Ripple plans to launch a stablecoin backed 1:1 by the US dollar on the XRP Ledger and Ethereum. The stablecoin will be fully backed by US dollar deposits, US government bonds and cash equivalents. This move by Ripple seeks to meet the growing demand for stability, trust and utility in the cryptocurrency market. Ripple, […]
Bitcoin mining businesses generated their highest-ever monthly revenue in March, raking in over $2 billion in block rewards and transaction fees. This shatters the previous record of $1.74 billion set back in May 2021. JUST IN: #Bitcoin Miners hit a record $2 billion in monthly revenue, highest ever. Halving coming in hot in 2 weeks […]
Wormhole, a cross-chain communication protocol enabling the transfer of assets between blockchains, recently launched an airdrop campaign for its newly issued governance token, W. Early users were rewarded with 617 million W tokens, and the protocol also released a roadmap outlining its plans. Wormhole Protocol Unveils Roadmap According to the protocol’s roadmap, W aims to […]
Bitcoin Cash (BCH) experienced a notable fluctuation in its value surrounding its most recent block reward halving, initially dropping to $565 just before the halving but later recovering to around $676, marking an 11% increase for the day and nearly 20% for the week. The halving event, which reduced the reward for Bitcoin Cash miners […]
Dog-themed cryptocurrency Shiba Inu on brink of massive milestone
Using cryptocurrency as a payment gives workers some financial freedom and options. They can get paid immediately without going through intermediaries …
BitMEX founder Arthur Hayes is predicting one new decentralized finance (DeFi) altcoin project will take off on a massive rally once the broader crypto market resumes an uptrend. Hayes is predicting that Ethena (ENA), a governance token launched by Ethena Labs for the project’s DeFi protocol, could soar more than 817% from the current value. […]
An analyst and trader is issuing a warning on Bitcoin (BTC) amid the flagship crypto asset’s double-digit pullback from an all-time high reached last month. The analyst pseudonymously known as Rekt Capital tells his 71,300 YouTube subscribers that Bitcoin is currently experiencing a correction ahead of the halving scheduled to occur in a little over […]
Bitcoin Sets New Records: Climbing to an unprecedented USD $71,300 for its monthly and weekly close, Bitcoin highlighted the optimistic sentiment sweeping the market. Insights from Market Correlations: Exploring three significant charts that have historically mirrored Bitcoin’s trends, providing speculative insights into possible future movements. Challenges in Trading: The recent phase of consolidation has been […]
20,000x ROI Potential: BlockDAG Whitepaper Launches, Presale Hits $12.4M; SUI Investors Rush Amid ApeWifHat Surges This article is aimed at investors seeking the next promising cryptocurrency investment but are facing uncertainty in their decision-making process. By examining recent developments such as SUI Network’s community access program, which has distributed $66.8 million in tokens to enhance […]
TL;DR The Real-World Asset (RWA) niche, prominently featuring Ondo (ONDO) as its leader, showcases significant growth and investor interest in blockchain tokenization of physical assets. Other key players in the cohort, like XDC Network (XDC) and Polymesh (POLYX), exhibit varying performances, from market corrections to impressive gains, underscoring the sector’s dynamic nature. Ondo (ONDO) Real-world […]
Arkon Energy US Holdco LLC, a leading player in Bitcoin mining infrastructure, has placed a significant order with Bitmain Development Pte. Ltd. for 27,700 new-generation Bitcoin mining machines, according to a press release sent to Bitcoin Magazine. This purchase includes 14,200 T21 machines and 13,500 S21 machines, with deliveries slated to commence in June 2024. “We are […]
Amid the bearish pressure witnessed in the price of Bitcoin, Captain Faibik, a popular cryptocurrency analyst and trader, has identified the potential for a significant rebound that could send BTC to an unprecedented level before the end of April. Bitcoin Might Be Poised For New Peak This Month Bitcoin is presently exhibiting a downward pressure […]
TL;DR Steven Nerayoff, a former Ethereum advisor known as an “ETH insider,” promises “shocking” revelations about the Ethereum ecosystem and its founders. Nerayoff accuses Vitalik Buterin and Joe Lubin of ICO fraud and collusion with corrupt government officials. The Nerayoff revelations, scheduled for tomorrow, are expected to dramatically change the public’s perception of ETH and […]
TL;DR Binance has integrated ARC-20 tokens into its Registration Marketplace. Users can enjoy commission-free trading on ARC-20 tokens during a promotional period. The Taproot address option has been enabled on the Web3 Wallet, offering greater flexibility to users. Binance, one of the leading cryptocurrency exchange platforms, has taken a significant step by integrating ARC-20 tokens […]
The founder of venture capital firm Pomp Investments, Anthony Pompliano, is expressing bullish sentiment on Bitcoin (BTC). Pompliano says in an appearance on CNBC that “it’s hard to see” how the price of Bitcoin will fail to continue appreciating amid a convergence of various catalysts and historical precedent. “We just hit a really important milestone […]
The decentralized finance (DeFi) protocol Maker (MKR) is considering allocating up to $600 million worth of its stablecoin DAI into markets for Ethena’s synthetic dollar, USDe. Last week, Maker deployed 100 million DAI to Spark’s sUSDe/DAI and USDe/DAI markets on Morpho Blue, a lending protocol on Ethereum (ETH). The move enabled “overcollateralized scalable liquidity for […]
Since its launch on April 2, the Ethena governance token ENA has experienced an 80% climb in value against the U.S. dollar, ascending from an all-time low of $0.532 per token. Currently, it ranks among the top 100 coins by market capitalization, boasting a total valuation of $1.36 billion at the time of reporting. Rapid […]
The number of cryptocurrency users is expected to top 1 billion, according to Raoul Pal
… cryptocurrency ecosystem, characterized by a pronounced shift of Shiba Inu (SHIB) investors towards the burgeoning new-generation cryptocurrency wave.
Digital asset investment products experienced a positive shift in sentiment during the last week of March, with inflows reaching $862 million, nearly recovering from the previous week’s record outflows of $931 million. Despite this encouraging rebound, CoinShares revealed that ETF activity appears to be slowing down. In fact, the latest data shows that the daily […]
Blockchain data shows that on Tuesday morning, a wallet tagged as belonging to the United States Department of Justice started moving some of the $2 billion worth of held BTC to an address believed to be crypto exchange Coinbase. Pseudonymous blockchain analyst ZachXBT said on Twitter/X that the funds were moved to a Coinbase deposit […]
Mossavar-Rahmani challenges the value of crypto, questioning its worth and exit strategies despite her track record of accurate financial guidance. Despite the crypto industry’s growth, she dismisses it as not a real asset class, isolated from Wall Street’s increasing acceptance. Anthony Pompliano criticises her stance, highlighting crypto’s tangible revenue and challenging her view as outdated […]