As SHIB looks to recover, market closely watches its price action
Cryptocurrency is a type of decentralized digital currency that investors can buy and sell along the blockchain. Unlike banknotes or minted coins that …
Are you ready for the July 23 launch of nine spot Ethereum ETFs? Here’s what you need to know to start trading.
Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This move marks its first venture following its initial launch earlier this year. Kraken Custody’s Expansion According to the official press release, institutional clients in the UK […]
While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin liquidations by the Mt. Gox distribution and sales by the German government, Bitcoin’s price remains notably resilient. These developments indicate […]
Cryptocurrency analyst Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) based on historical precedent. In a new video, Svenson tells his 78,700 YouTube subscribers that Bitcoin is on the cusp of a breakout from a sideways range. According to Svenson, Bitcoin is in a bullish structure that started in early 2023 and could go […]
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a low-cap memecoin built on the Solana (SOL) blockchain. The analyst pseudonymously known as Bluntz tells his 265,500 followers on the social media platform X that PONKE (PONKE) is exhibiting a bullish structure after breaking out of an ascending channel and then turning […]
TL;DR Restaking Mechanism: EigenLayer introduces restaking, allowing users to re-stake their $ETH to enhance crypto-economic security for various decentralized applications (dApps) on the Ethereum network, thus extending the utility of staked assets beyond traditional staking methods. Marketplace for Security: The protocol creates a marketplace where users can delegate their restaked ETH to validate new applications, […]
Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating with other exchanges. “This is an unprecedented attack on one of the largest crypto exchanges in India. […]
How MOONHOP Leaps Over PEIPEI and PlayDoge: The Meme Coin Adventure with a Whopping 4900% Treasure Map While PEIPEI Growth and PlayDoge Presale have recently piqued investor interest, MOONHOP introduces a remarkable investment proposition, beginning at a mere $0.01 with a potential 4900% increase. This makes it the standout pick among meme coins today. Its […]
Can traders expect price blast from DOGE within next few days?
ALBANY — Neighbors are pushing for the state Department of Environmental Conservation to take action against a cryptocurrency mining facility in …
Quantum annealing systems could impact the finance and blockchain industries in a major way.
A widely followed cryptocurrency analyst and trader says that one Ethereum (ETH)-based altcoin could be gearing up for a double-digit bounce. The analyst pseudonymously known as Credible Crypto tells his 403,900 followers on the social media platform X that CRV, the native token of stablecoin lending platform CurveDAO, could soar to $0.37, a more than […]
A widely followed crypto analyst believes one under-the-radar altcoin is on the verge of a massive breakout. Crypto trader Michaël van de Poppe tells his 722,400 followers on the social media platform X that the Omni Network (OMNI), which aims to integrate Ethereum’s (ETH) rollup ecosystem into a single, unified network, could soon soar more […]
Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability when it comes to the top 10 largest cryptocurrency by market cap, disappointing holders and […]
Singapore-based cryptocurrency exchange – Bybit – has released its 12th proof of reserve (PoR) report, which highlights significant changes in user asset holdings compared to the previous month. The current PoR revealed a Bitcoin reserve ratio of 107%, Ether’s at 105%, and Tether’s at 103%. Bybit’s 12th PoR The report shows that Bybit’s wallets held […]
The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over those issued on public chains. This has elicited criticism from figures in the crypto community, who accuse the committee of attempting to […]
TL;DR Gemini co-founders Tyler and Cameron Winklevoss have donated $1 million in Bitcoin to support John Deaton in his campaign against Elizabeth Warren. Tyler Winklevoss has harshly criticized Warren for her anti-crypto stance and her influence on the Biden administration. Cameron Winklevoss has also donated $1 million to Donald Trump, highlighting his support for Bitcoin […]
TL;DR Market Volatility and Decline: Despite recent improvements, the crypto market remains down 14% from its peak in March. June saw an 11.4% total market capitalization downturn, coinciding with the German government’s Bitcoin (BTC) sell-off. Structural Weaknesses: The Binance Research report identifies key structural weaknesses: New investments have slowed down significantly, resulting in a competitive […]
$60M Presale Jump! BlockDAG Partners with UFC Champion Alex Pereira, Capturing Attention From SHIB & ETH Investors A shift in market dynamics is evident as Shiba Inu’s (SHIB) bull cycle intensifies, propelled by significant purchases from whales. Concurrently, Ethereum (ETH) is poised for a potential breakout, trading below a descending channel for the past two […]
Lumia sees sale of HyperNodes as opportunity for investors and crypto enthusiasts to take part in creating next generation decentralized ecosystem
A former executive of a cryptocurrency research firm has pleaded guilty in connection with his theft of about $4.5 million from his employer.
The Chicago Board Options Exchange has confirmed that five spot Ethereum ETF products will begin trading on July 23.
CEO of financial services firm deVere Group Nigel Green is predicting that Bitcoin (BTC) will soon hit six figures. In a new video update, Green says that Bitcoin could hit $100,000 before the end of 2024, a more than 52% gain from the current value, due to increasing demand. “Right now, Bitcoin is tipped to […]
The chief executive of a leading crypto research company is stepping down after making a series of polarizing statements on the social media platform X. Messari CEO Ryan Selkis says he is resigning over concerns that his “politics and rhetoric” may be causing damage to his company. “A leader’s first responsibility is to his team. […]
This week, the dog-themed sensation Dogwifhat (WIF) has recovered from its drop below the $2 support zone. The Solana-based memecoin flipped Ethereum’s Layer-2 (L2) Arbitrum (ARB) and is currently testing the $2.5 resistance level. However, a crypto analyst has warned investors of a possible retrace for WIF. WIF Puts Its Hat Back On Dogwifhat became […]
Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive notifications, while non-U.S. clients face regulatory restrictions. Blockfi, which filed for bankruptcy protection in November 2022, is now collaborating with Coinbase to maintain withdrawals and plan future distributions, including those recovered from FTX. Blockfi to Begin […]
The investment fund managed by the family office of BitMEX co-founder Arthur Hayes just announced the launch of a grant program that aims to support the advancement of the Bitcoin (BTC) network. In a statement, Maelstrom says that the Bitcoin Grant Program will provide funding to Bitcoin developers with the objective of helping in the […]
Despite the lower spot price overnight, data suggests considerable institutional interest in December 2024 $100,000 calls. This indicates an even stronger confidence in a year-end rally for the world’s largest crypto, particularly as the likelihood of former US President Donald Trump’s victory rises. Sizeable Institutional Interest In its latest update, crypto trading firm, QCP Capital […]
XRP and SHIB are more popular than Bitcoin with South Korean traders
PRNewswire/ — July 23, 2024 – KuCoin, a leading cryptocurrency exchange, is pleased to announce a significant enhancement to its Broker Program, …