Bitcoin fell to lows of $59,506 in Wednesday’s trading session
A Colorado man initially from Pennsylvania has been sentenced after pleading guilty to stealing millions of dollars in cryptocurrency from a …
Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline highlights increased selling pressure and growing bearish sentiment in the market. As Ethereum nears this critical threshold, traders are closely monitoring its behavior for signs of either a stabilization or a further drop. The […]
WienerAI (WAI) is proving there’s still plenty of appetite for new meme coins. This AI-powered token has just passed the $7 million mark in its ongoing presale as retail investors pile in. But WienerAI isn’t just another joke coin – it’s bringing some serious tech (and passive income potential) to the table. WienerAI Presale Ramps […]
The Nigerian crypto community faces uncertainty after KuCoin, a prominent global cryptocurrency exchange, announced a new tax policy. Starting July 8, the cryptocurrency exchange will impose a 7.5% value-added tax (VAT) on transaction fees for users with Know Your Customer (KYC) information registered in Nigeria. KuCoin Introduces VAT for Nigerian Users In a post on […]
Decentralized oracle network Chainlink (LINK) is suddenly seeing a lot more development activity, according to new data published by the crypto analytics platform Santiment. Santiment notes that Chainlink has shot up in rankings in terms of development activity over the last 30 days from fourth place in May to second place last month. Meanwhile, decentralized […]
TL;DR Bitcoin’s price is on a downward spiral: The price of Bitcoin has plunged roughly 4% in the last 24 hours, breaching the $58,000 mark and dipping as low as $56,900. This extends a downtrend that began last month. Analysts are worried: Market observers are sounding the alarm as heavy selling persists. Some fear this […]
TL;DR Solana (SOL) might rally again: SOL, despite being in the red currently, could be primed for another breakout. This comes after an impressive year where its price surged by over 1500%, propelling it to the number five spot among cryptocurrencies. Grayscale Solana Trust (GSOL) trades at a hefty premium: GSOL is currently trading at […]
Bitwise yesterday submitted an amended S-1 form for its Ethereum spot ETF application, sparking speculation we could see ETFs begin trading within two weeks. Investors and analysts are hopeful the launch of the Ethereum ETFs could inject some confidence back into the crypto markets. Research firm K33 says the launch of ETFs will see ETH’s […]
Bitcoin is back at key month lows, ahead of major data catalysts. Ethereum Exchange Traded Funds are one step closer to listing on US stock exchanges. Altcoin analysis: ETH and TON Altcoins continue to feel the squeeze overnight, as Bitcoin yet again tests price levels below the $60,000 USD mark. At a glance this morning, […]
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labeling two altcoins, OHM and KLIMA, as commodities.
As predicted last week, BNB finally took a downturn yesterday and fell by another 6% near April’s low. It appears bearish on the day as bigger drops are underway. March’s breakpoint is a key target to watch for retests. Going back to where BNB started to lose momentum at $725 in June, it lost roughly […]
The Bitcoin network is showing some signs of miner capitulation. This stage is marked by miners ceasing operations or selling part of Bitcoin reserves. Interestingly, this process has been historically linked to a bottoming of Bitcoin prices, following which the asset is expected to resume a much-needed uptrend. Signs of Bitcoin Miner Capitulation Since the […]
Company Name: Lightspark Founders: David Marcus, Kevin Hurley, Christina Smedley, James Everingham, Christian Catalini, Jai Massari and Tomer Barel Date Founded: April 2022; Series A May 2022 Location of Headquarters: Los Angeles, CA Amount of Bitcoin Held in Treasury: N/A Number of Employees: 45 Website: https://www.lightspark.com/ Public or Private? Private Kevin Hurley and the team […]
The recent dip in Bitcoin (BTC) might be a temporary hiccup, according to Lark Davis, a popular crypto analyst. Davis is calling for a significant upswing in Bitcoin’s value in the coming weeks, with a target of $90,000 by year’s end. This optimistic outlook comes amidst a wave of optimism surrounding institutional investment and the […]
CCData suggests that largest cryptocurrency is likely to reach new cycle peak
A popular cryptocurrency analyst has recently suggested that the leading meme-inspired cryptocurrency Dogecoin ($DOGE) could soon see a price …
HodlX Guest Post Submit Your Post As lawmakers and regulators from the US to Europe advance cautiously into crypto, Japan’s Web 3.0 cooperation remains one of its national mandates. Why is that? From its cultural heritage to cutting-edge technological advancements, Japan is where ancient customs and modern marvels converge. The unique blend of tradition and […]
Cryptocurrency analyst Kevin Svenson is saying that Bitcoin (BTC) could reach its cycle top within the coming months. Svenson tells his 78,600 YouTube subscribers that based on Bitcoin’s post-halving behavior over the previous cycles, BTC could hit its cycle top in roughly six months. “So it’s [2012] halving, 40 to 80 weeks profit zone. [2016] […]
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily mining revenue per petahash of […]
The Basel Committee on Banking Supervision has confirmed the approval of a final disclosure framework, which includes a standardised set of tables and templates for banks to report their crypto asset exposure, the organisation announced yesterday (Wednesday). A Proper Disclosure Framework The decision was finalised as the organisation met virtually on 2 and 3 July […]
Since launching in September 2023, Opera Mini’s MiniPay app has amassed three million users.
TL;DR Notcoin-Helika Partnership: Notcoin (NOT) collaborates with analytics firm Helika to create an incubator for crypto-backed mini-apps using the Telegram Gaming Accelerator. This move positions Notcoin as a key player in the growing ecosystem of Telegram games. Empowering Developers: The Telegram Gaming Accelerator, building on Helika’s success, aims to empower game studios, mobile apps, and […]
TL;DR The Bitcoin network shows clear signs of miner capitulation, suggesting a possible inflection point in the BTC market. The BTC hash rate has fallen 7.7% following the halving, the largest decrease since December 2022. Miners are facing significant financial pressure due to low prices, reduced block rewards, and falling transaction fees, forcing them to […]
Marathon Digital Holdings holds 18,536 BTC valued over US$1.1 billion, opting not to sell in June despite plans for future sales to manage operations. The recent Bitcoin halving has reduced miner profitability, pushing less efficient miners towards capitulation while Marathon aims to expand and enhance efficiency. Despite market pressures and a significant hash rate drop, […]
Imagine a scenario where you’re heading off for a 100-year vacation and you want your wealth to survive when you return. You decide to bury a safe that holds: Some gold bars A bunch of $100 bills Your bitcoin in cold storage What do you expect the outcome to be when you return from your […]
The crypto market is in a state of panic with a market-wide crash that has shaken Bitcoin and altcoins. With the Bitcoin price continuing to fall from support after support, tens of thousands of traders have lost their positions, leading to hundreds of millions of dollars in losses in just the last day alone. Crypto […]
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a major altcoin that’s gone up by over 500% in five months. The analyst pseudonymously known as Bluntz tells his 264,100 followers on the social media platform X that FLOKI (FLOKI) is forming a “solid” support level on the four-hour chart. Based on […]
A closely followed crypto strategist believes that one Ethereum (ETH) rival is in an uptrend after retesting the $120 range last week. Pseudonymous analyst Altcoin Sherpa tells his 217,700 followers on the social media platform X that Solana (SOL) appears to have more upside potential after holding the 200-day exponential moving average (EMA) as support. […]
Recovering 20% in ten days, Solana turned bullish again and revisited a key price level after a month’s trading. It has posted a loss in the past hours and is now looking weak on the daily chart. The past two weeks have been impressive as Sol extended bearishness to $122, although it was followed by […]
TL;DR Meme coin DADDY surged 35% after Andrew Tate’s announcement encouraging accumulation. The token faces insider purchase controversy, while rival coin MOTHER’s price has sharply declined. DADDY Heads North Again One of the latest sensations in the meme coin niche – DADDY – saw its price soaring by 35% in the past 24 hours. It […]
RippleX makes groundbreaking announcement for blockchain community in Japan and Korea