Deribit FZE, the Dubai-based arm of Deribit Group, a firm in the cryptocurrency derivative options market, has announced the acquisition of a conditional Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). This license, covering both spot and derivatives trading, remains non-operational until Deribit fulfills all remaining conditions and localized requirements […]
A veteran trader is warning that Ethereum’s (ETH) place as the dominant smart contract platform is not as set in stone as many believe. Pseudonymous trader The Flow Horse tells his 210,000 followers that there’s a possibility that Ethereum is like Compaq Computer Corporation, which was the top dog in its field before eventually fizzling […]
Dogecoin is correcting gains from the $0.230 zone against the US Dollar. DOGE must stay above the $0.1750 support zone to start a fresh increase. DOGE struggled to stay above $0.225 and corrected gains against the US dollar. The price is trading above the $0.1750 level and the 100 simple moving average (4 hours). There […]
TL;DR Price Dip: Bitcoin’s price has fallen below $70,000, triggering market volatility as investors anticipate the effects of the upcoming halving event, which is expected to reduce the mining reward by half and potentially influence Bitcoin’s price trajectory. Historical Volatility: The 30-day annualized realized volatility for Bitcoin has reached 63.76%, the highest since last August, indicating a […]
Shiba Inu (SHIB), one of the industry’s most popular meme coins and crypto ecosystems, trailed behind other popular tokens like Dogecoin (DOGE) last week, with a price decline of 8% on the weekly scale. However, SHIB might be poised for further growth, according to popular analyst Captain Faibik (CryptoFaibik on X). The analyst, citing data […]
Jaw-dropping $627 million Bitcoin withdrawal from Bitfinex has intensified rumors linking transaction to USDT issuer Tether
venezuela-crisis-economy-cryptocurrency … Rooms like this one shown in Caracas, Venezuela, use an abundant amount of computer hardware and extensive …
Forty-eight U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler asking him to clarify whether ether is a security. “The negative repercussions of the SEC implicitly or directly classifying ETH as a digital asset security will cascade throughout the digital asset marketplace both in the short and long […]
The founder and former CEO of the now-collapsed FTX crypto exchange is speaking out from behind bars. Last week, a US judge sentenced disgraced FTX founder Sam Bankman-Fried (SBF) to 25 years in prison after the former crypto tycoon was convicted of fraud charges last year. Now, in the first week of his 25-year sentence, SBF says […]
A closely followed crypto strategist thinks that three memecoins are gearing up to witness breakout surges. Pseudonymous analyst Altcoin Sherpa tells his 213,200 followers on the social media platform X that he sees top memecoin Dogecoin (DOGE) igniting an over 50% rally from current levels after moving above its resistance at $0.195. “DOGE: On its […]
Bitcoin miners have enjoyed a lucrative March, with the occupation raking in a record-high USD $2.01B. Approximately USD $85M of this figure was attributable to transaction fees. Heightened network activity, the increasing price of Bitcoin and anticipation of the impending halving event were all responsible for the handsome profits. Meanwhile, demand for Bitcoin continues to […]
Base, a Coinbase layer 2 on Ethereum, saw significant growth in March with a US$1.8 billion TVL driven by dexes and a leap in transactions to 2.1 million. The rise in daily transactions underscores Base’s expanding role in blockchain, reflecting positively on its adoption, scalability, and security. Amidst its growth, Base sees a memecoin craze […]
Today, Orcat, a Solana-based memecoin, has taken the cryptocurrency world by storm, experiencing an unprecedented surge of over 47,000% in the past 24 hours. With a market capitalization of $7.6 million, Orcat is currently trading at $0.0076, boasting over 40,000 transactions and a staggering $26 million in trading volume, according to data from dex screener. […]
Crypto.com, a global cryptocurrency exchange, unveiled plans today (Tuesday) to introduce a specialized trading platform application designed exclusively for the Korean market. The application, tailored to cater to the preferences and needs of Korean users, is set to be launched on April 29, 2024, offering trading between various cryptocurrencies. Entering Korean Market as the First […]
In the ever-evolving world of cryptocurrency investments, technical analysis continues to play a significant role in shaping investor sentiment and market trends. Amidst the volatile landscape, one analyst, known as Charting Guy, has garnered attention for his bold predictions regarding the future of two prominent digital assets: XRP and Stellar (XLM). Will XRP Rally “Melt” […]
The past 24 hours saw the broader cryptocurrency market lose around $120 billion of its total capitalization, which is currently sitting at roughly $2.63 trillion. This comes on the back of notable declines from the majority of coins, including Bitcoin, Ethereum, Solana, and others. Bitcoin’s Price Tumbles Below $67K Bitcoin lost around $3,000 throughout the […]
Dogecoin has recorded-double gains, outperforming other major cryptocurrencies
While crypto brokers act as intermediaries, crypto exchanges operate as marketplaces for direct peer-to-peer cryptocurrency transactions, allowing …
A closely followed analyst who correctly called the current Bitcoin (BTC) correction says the crypto king is on the verge of witnessing an all-time high breakout. Pseudonymous analyst Rekt Capital tells his 440,100 followers on the social media platform X that Bitcoin has kickstarted the breakout process. According to the analyst, Bitcoin has completed the […]
TL;DR During March, according to PeckShield, almost $100 million in stolen digital assets were recovered in over 30 hacks, representing 52.8% of the estimated total losses of $187 million. The largest incident occurred in Munchables, where the hacker returned stolen funds after negotiations, initially valued at $62 million. Platforms like Curio, Prisma Finance, NFPrompt, and […]
TL;DR Dogecoin’s Surge: DOGE has registered a 25% gain in the past week, with a 134% increase since the beginning of 2024, potentially entering a parabolic bull run. Whale Activity: Significant transactions by previously dormant whale accounts have been a key driver of the recent price increase, with $280 million in DOGE purchased recently. Market Sentiment: The absence […]
Economist and gold bug Peter Schiff has warned that something big is happening that very few investors are prepared for. “More importantly, governments and central banks are not prepared for it either,” he stressed. Schiff explained that Fed rate cuts will make the inflation problem worse. Peter Schiff’s Warnings Economist and gold bug Peter Schiff […]
Ethereum investors are navigating the second quarter of 2024, cautiously embracing optimism, leveraging insights from historical trends and market data to anticipate potential gains. Santiment’s recent analysis reveals that the number of Ethereum addresses holding coins has reached highs of more than 118,000, with midterm MVRV suggesting a mild bullish signal. These indicators, combined with […]
Ethereum’s ETH correlation with Bitcoin’s pattern is still much intact but appears to be lagging in the recent recovery. However, it is down 4% today following the latest decrease in the global market. The bears are showing interest! The late February recovery has temporarily halted due to a choppy price action. This came as a […]
Billions of dollars have been moved from wealthy, early Bitcoin adopters as a 12-year-old wallet transfers USD $35M to several new addresses. Just a week prior, the world’s fifth-largest BTC wallet liquidated its funds into three different crypto wallets. The reason behind the transfers remains a mystery, as the owners of each respective wallet are […]
A widely followed crypto analyst is issuing a warning on Ethereum, saying that ETH could still witness a 2019-style collapse. In a new video update, crypto strategist Benjamin Cowen tells his 796,000 YouTube subscribers that the conditions for Ethereum now are similar to that of mid-2019, and that the leading smart contract platform may suffer a […]
Prominent investor Anthony Scaramucci has harshly criticized Judge Scott Skavdahl’s decision
Cryptocurrency hedge funds are investment funds that manage capital from accredited individuals or institutional investors with the primary goal …
The government of Argentina is calling on all local crypto firms to register with its new regulatory body dedicated to the sector – or to cease operating entirely. On March 14, the nation’s senate passed legislation approving the Registry of Virtual Asset Service Providers, in line with recommendations from the Financial Action Task Force. More […]
Tardfiwhale, a pseudonymous blockchain sleuth who predicted the fall of Luna and UST, has warned about critical flaws in Ethena, a rising blockchain synthetic dollar stablecoin protocol. Tardfiwhale is asking for donations to certain entities before revealing these alleged flaws, as Ethena has no bug bounty program. ‘Critical Flaws’ Present in Ethena According to Pseudonymous […]
Core DAO (CORE), the cryptocurrency behind the Core blockchain, has seen its price skyrocket by 220% over the last week, marking a significant milestone in its market performance. As of the last 24 hours, CORE has seen an additional 63% increase, accumulating a staggering 350% gain in just nine days. This rally has elevated Core […]
TL;DR The BASE network is experiencing a record increase in transactions and trading volumes, fueled by the memecoin trading frenzy. DEX volumes reach all-time highs, reflecting intense interest in the BASE ecosystem. Memecoins are positioned as the main driving force behind the increase in activity on the network. The BASE network has witnessed an unprecedented […]