The International Monetary Fund (IMF) is reportedly recommending the Pakistan Federal Board of Revenue (FBR) expand the scope of their gains taxes to include crypto. According to a report from the Pakistani news outlet The News, the IMF is asking the FBR to bring crypto gains into the country’s tax net. The IMF is asking Pakistan’s […]
TL;DR Binance surpasses $100 billion in user assets, highlighting its robust growth and trust in the platform. Binance’s proof of reserves system reinforces transparency and security, allowing users to verify the support of their assets privately. The milestone reflects both the companies performance and the positive dynamics of the cryptocurrency market. Binance‘s success in surpassing […]
Following the recent release of a substantial number of vested tokens on March 16, whales holding Arbitrum (ARB) tokens have begun transferring their digital assets to cryptocurrency exchanges. On March 16, Arbitrum unlocked a staggering 1.1 billion ARB tokens, valued at $2.32 billion. This significant unlocking coincided with a market downturn, resulting in an 11% […]
Late Monday, Bitcoin (BTC) witnessed a sudden and significant plunge on BitMEX, plummeting to as low as $8,900 within a matter of minutes. Since the flash crash, BitMEX has announced via social media that it is currently investigating the substantial sell orders. Bitcoin’s Flash Crash on BitMEX According to data from the charting platform TradingView, […]
The Audiencia Nacional (National Hearing), a Spanish special tribunal, has maintained the measures that the AEPD, the private data watchdog in the country, has taken against Worldcoin. The court determined that the defense of the general interest of protecting the people’s data must prevail over the company’s economic interest. Spanish Audiencia Maintains Suspension of Worldcoin […]
Bitcoin is experiencing significant profit-taking from short-term holders
What Happened in Crypto Markets Last Week? Last week proved to be a roller-coaster ride for bitcoin (BTC) investors, as the largest cryptocurrency by …
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. After a lengthy legal dispute, London’s High Court of Justice has formally determined that Australian computer […]
A widely followed crypto analyst is predicting a massive rally for one Ethereum (ETH) competitor while updating his forecasts on Cardano (ADA) and Polygon (MATIC). Crypto strategist Ali Martinez tells his 53,500 followers on the social media platform X that he envisions layer-1 blockchain Fantom (FTM) to surge to a price tag of $1.44, a […]
XRP price started a downside correction from the $0.7450 resistance. The bulls are now struggling to keep the price above the $0.5850 support zone. XRP started a fresh decline after it failed to clear the $0.7450 resistance. The price is now trading below $0.650 and the 100 simple moving average (4 hours). There is a […]
The crypto market is green today as a wave of speculative buying lifted meme coins to kick off the new week. Leading the charge are dogwifhat (WIF) and Shiba Inu (SHIB), both of which have posted double-digit percentage gains. However, many traders are already looking ahead to the next potential mover, with some speculating that […]
TL;DR Solana (SOL) surpasses Binance Coin (BNB) in market capitalization, sparking a debate about its potential to challenge Ethereum (ETH). SOL records a 7.9% increase in the last 24 hours, reaching $206.8 per token, with a weekly growth of 38% and an impressive annual increase of 820%. SOL’s ability to offer scalability and lower transaction […]
After smashing through several resistance levels during the last leg up, Ethereum rolled heavily under $4k and found solid ground yesterday. It has bounced slightly, aiming for a recovery with 3% gains daily. As expected in the past week, Ethereum finally took a downturn after experiencing a consistent rise for two months. Reaching its peak […]
Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment portfolios. Binance CEO Teng’s Bitcoin Price Prediction Binance CEO Richard Teng shared […]
According to a report by a New York-based firm, China has made significant gains in cryptocurrency profits in 2023, despite China imposing a ban …
Global banking giant Standard Chartered has upped its bitcoin price prediction for the end of 2024 to $150,000, a significant increase from its previous forecast of $100,000. In a new report, Standard Chartered analysts cited strong inflows into recently launched spot bitcoin ETFs in the U.S. as a primary driver of their bullish outlook. The […]
Former U.S. Treasury Secretary Lawrence Summers says an old school method of tracking inflation may reveal the real amount of economic pain that Americans have had to endure. Summers has co-authored and released a new paper exploring the effect of high interest rates on the American consumer. The paper, in part, aims to paint an […]
Zodia Custody (HK) has been granted a Trust or Company Service Provider (TCSP) License in Hong Kong. This license, supported by Standard Chartered, represents a pivotal moment for the institution-first provider of digital asset custody solutions. Meeting Institutional Demands With the acquisition of the TCSP License, Zodia Custody (HK) is poised to offer comprehensive custody […]
Joe McCann, the CEO and CIO of the crypto hedge fund Asymmetric, recently made a bold statement on X (formerly Twitter), forecasting a $1 trillion market cap for Solana. McCann’s argument hinges on several key points that detail why he believes Solana has achieved product-market fit (PMF) as “The Chain for Retail,” juxtaposing it against […]
Over the past weekend, the crypto market experienced a tumultuous blend of emotions, characterized by fear and greed, as Bitcoin plunged to lows of 64,500. However, it swiftly rebounded, with the leading asset surging back above the 67,000 mark. While Bitcoin has exhibited significant resilience, the same cannot be said for Ethereum. Ethereum’s Rocky Road […]
As bitcoin flirts with the boundaries of its recent trading range, its price oscillation reflects a vibrant yet undecided market, standing at a pivotal $68,259 per unit, after testing waters between $64,522 and $68,902 within a 24-hour frame. Bitcoin Presently, bitcoin’s (BTC) oscillators present a mixed view but lean toward a cautious sentiment. The relative […]
Can rate of Bitcoin (BTC) return to $70,000 next week?
Discover the next big opportunities in the cryptocurrency market. Explore the potential of these three coins to reach new all-time highs.
Commerceblock has released a new atomic swap protocol for use with statechains on their Mercury Layer protocol. The HSM server has introduced functionality to support atomically swapping two statechains, as well as enforcing an atomic exchange of a statechain for a Lightning payment. This is the first example of concretely defined and built interactions between […]
TL;DR The launch of Ether.Fi’s ETHFI token generated great interest in the community; however, after the initial growth, it experienced a dip following its debut. Stakers who locked more than $12 billion on Binance Launchpad received 20 million ETHFI tokens. The initial supply is 115.2 million tokens. 55.76% of the total supply will be allocated […]
When choosing the best free cloud mining platform, users need to consider factors such as security, credibility, fees, mining algorithm support, and user experience. The following are 5 well-recognized cloud mining platforms that enjoy a good reputation in the market and provide users with stable and reliable services: ARKMining BeMine ECOS StormGain Crypto Universe They […]
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to […]
After a spectacular ascent to record highs, Bitcoin (BTC) is facing a reality check. The past week has seen a dramatic price correction, leaving investors wondering if this is a temporary setback or a sign of a more bearish future. The world’s most popular cryptocurrency reached an intraday low of $64,620 on March 17th, a significant […]
A widely followed economist believes Bitcoin is far from witnessing the full impact of the recently approved spot market BTC exchange-traded funds (ETFs). In a new interview on the 1000x Podcast, Alex Krüger elaborates on the inner workings of an ETF product and explains why he believes it’s still early days for the Bitcoin bull […]
The cryptocurrency market presents abundant opportunities for investors willing to explore hidden treasures under $1. By carefully evaluating …
On March 14, 2024, El Salvador’s president-elect, Nayib Bukele, unveiled a historic bold maneuver that echoed across the Bitcoin world: El Salvador confirmed the transfer of a substantial portion of its Bitcoin holdings into cold storage, securely kept within a vault in its national borders. This strategic decision marks a pivotal juncture in El Salvador’s […]