Breaking down from a three-month range bound last week, Ripple’s XRP saw a sharp rejection and retraced back in the range. The price looks strong following a 3% gain but is currently facing resistance. Following a lower low and lower high movement in a month, XRP fell sharply below a key range bound to a […]

Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong demand increasingly. Although the stablecoin market is still highly concentrated, with Tether’s USDT at the forefront, its dominance has been eroding over the last two years. In fact, Kaiko’s latest data shows a […]

To preempt lawsuits and counter allegations that they are training their respective artificial intelligence (AI) models with illegally obtained data, AI firms should rely on publicly available or open-source data, according to Alberto Fernandez. Fernandez, a proponent of decentralized AI and also the European representative of Qubic Ecosystem, emphasizes that AI firms should consider anonymizing […]

An underlying theme of this cycle has been to challenge preconceived notions about how people use Bitcoin around the world. New behaviors are emerging and other cultures are using the asset in a way that is breaking previously established molds. A major trend emerging out of this chaotic environment is the resurgence of seedless security […]

Solana’s onchain and derivatives metrics show no signs of stress, possibly paving the way for a rally to $160.

The government of Germany is continuing its Bitcoin (BTC) sell-off, bringing its total number of tokens down below 4,000. According to new data from blockchain “de-anonymizing” platform Arkham Intelligence, during the last 24 hours, the German government has sold hundreds of millions of dollars worth of BTC, continuing its trend of selling off the crypto […]

Price reversal ended sooner than expected

… cryptocurrency. This posed several challenges due to the particular type of cryptocurrency; however, these were overcome.” Finney was convicted in …

The Bitcoin price has recently shown signs of recovery, climbing back to the $58,000 level after hitting a five-month low of $53,500. However, technical analysis suggests that the digital asset may struggle to surpass crucial indicators, potentially revisiting lower price levels.  In a recent post on social media platform X (formerly Twitter), market expert Jackis […]

The cryptocurrency market has gone through a considerable rollercoaster in the past seven days, with the price action being as volatile as it can get. At the time of this writing, the total capitalization settled at around $2.5 trillion, up 3.5% during that period. Bitcoin wasted no time and, on July 7th, pushed above $58K […]

Bitfarms Ltd. has scheduled a special shareholders meeting for Oct. 29, 2024, in response to a requisition from Riot Platforms, Inc. The announcement on Friday claims Riot aims to disrupt Bitfarms’ ongoing strategic review process and acquire the company. The special committee of independent directors, after extensive deliberation and advice from financial and legal advisors, […]

A popular crypto trader and analyst thinks one Ethereum (ETH) rival is gearing up for a strong finish in 2024. The pseudonymous analyst known as Altcoin Sherpa tells his 217,900 followers on the social media platform X that Solana (SOL) has a healthy market structure and predicts a breakout for the top-10 altcoin before the […]

Bitcoin 2024 is one of the industry’s most-attended conferences, with previous years seeing over 30k attendees. That number is set to spike this year after the conference reeled in one of the biggest names in the world as a speaker – Republican candidate Donald Trump. Trump has steadily transitioned into a pro-crypto politician, despite years […]

A new idle clicker game, Musk Empire, has launched on Telegram offering passive income for players. Similar to other entrants like Hamster Kombat, users can earn small amounts of crypto by simply tapping their phone screens. These earnings can then be invested back into the game to upgrade profit capabilities. Musk Empire lets you build […]

In the ongoing market recovery, Cardano has increased by roughly 16% in the past week of trading but the trend remains bearish on the monthly outlook. It may resume selling pressure if the supply level increases. Cardano has technically suspended selling pressure for more than a week and as we can see, it appeared bullish […]

Introduction At Coinbits, we’re dedicated to improving the UX of bitcoin so that more people can benefit from it. In our ongoing commitment to transparency and community engagement, we recently made our product roadmap public. Now, we’re excited to share another work product which was made as a part of a Summer of Bitcoin project: […]

The game uses the Polygon blockchain and currently runs in most browsers.

US inflation cooled significantly in June, and Bitcoin is now inching close to reclaiming $60,000 level

Binance has been scheduled to face tax evasion charges in Nigeria on October 11, Reuters reported. This marks a significant legal battle for the cryptocurrency giant accused of failing to register with Nigeria’s Federal Inland Revenue Service for tax purposes, among other counts. Charges and Court Proceedings During a recent hearing, Binance’s representative Ayodele Omotilewa […]

Last time this happened, the cryptocurrency market was still trying to get back on its feet following the shocking collapse of the FTX exchange. HOT …

After a month-long period of increased selling pressure, the German government has nearly exhausted its Bitcoin treasury, selling over 90% of its BTC seized in January in the country’s largest Bitcoin seizure, worth over $2.1 billion.  With less than $300 million worth of BTC remaining, this signals the end of a significant sell-off period, with […]

Shares of Bitcoin mining company IREN, formerly known as Iris Energy, tumbled by 24% on the Nasdaq following a report from short-seller firm Culper Research. The paper, released on July 11, labeled the company as “wildly overvalued” and suggested its stock should be valued 52-79% lower than its current market price. HPC Plans and Underinvesting […]

The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust repayments have contributed to market volatility. Coinbase Institutional Highlights Bitcoin Sales Impact on Crypto […]

With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC.

TL;DR The German government has transferred more than 2,000 Bitcoin to exchanges in 24 hours. Government Bitcoin holdings have decreased from 9,094 to 6,146 BTC. Selling pressure is easing and Bitcoin appears to be oversold. In a significant recent move, the German Government has transferred over 2,000 Bitcoin to various exchanges and trading desks within […]

TL;DR Coinbase launches new web app to manage assets on a single platform. The app allows you to connect multiple wallets and manage cryptocurrencies, NFTs and DeFi positions. This initiative seeks to simplify the user experience in the onchain world. Coinbase has unveiled its new Wallet web app, designed to become the digital home for […]

Lower-than-expected CPI reports have boosted interest rate traders’ hopes of a potential rate cut in September. Ben Emons, CIO and founder of FedWatch Advisors, believes the market still has several months to gauge the real impact of annualised inflation. While the market reacted positively to the CPI report, bears retook control and pushed BTC and […]

US Congress fails to overturn President Biden’s veto on SEC Staff Accounting Bulletin 121 (SAB121), which limits the ability of banks to provide digital asset custody services. Congress had previously voted to repeal SAB121 in May, but Biden then vetoed that decision. The US Congress yesterday failed to overturn President Biden’s veto of the repeal […]

BlockDAG’s AMA and Key Team Reveal Set to Fuel 40% Price Surge as Bitcoin ETF Generates a Buzz and APT (APT) Price Declines Recent developments in the crypto world have seen Bitcoin ETFs gain significant traction, with $216 million in net inflows and Aptos (APT) price facing a downturn. Against this backdrop, BlockDAG has announced […]

Shiba Inu whales pull 6.57 trillion tokens from exchanges, sparking hopes of SHIB price surge

Earlier this week, the Singapore High Court handed down a decision concerning cryptocurrency valuation in the context of assessing damages for …

USTC has shown notable price movements of late. From an abrupt drop earlier in the year to an optimistic current return, both experts and investors find appeal in the digital asset. USTC plummeted more than 51% from $0.330 at the start of the year, to $0.1660. This huge drop made people wonder what the future […]