Has Solana (SOL) reached its local peak yet?
Bitcoin (BTC) danced into uncharted realms this week, breaking barriers with a triumphant surge that pushed its value beyond the $73,000 mark. The cryptocurrency world, once again, finds itself in the midst of a thrilling price discovery phase, propelled by an amalgamation of bullish indicators and a notable shift in investor sentiments. Related Reading: Cardano […]
The cryptocurrency community is bracing for potential price fluctuations in ARB tokens as a significant number of tokens are set to be unlocked soon. On March 16, 1.11 billion ARB tokens, amounting to $2.26 billion and constituting 76.62% of the circulating supply, will become available for trading. This unlocking event includes 673.50 million ARB tokens […]
BitGo, a prominent provider of Bitcoin wallets and custody solutions, has unveiled a new enhancement to its platform with the introduction of Replace-By-Fee (RBF) integration, according to a press release sent to Bitcoin Magazine. This new feature is designed to increase the speed of Bitcoin transaction processing, offering users greater flexibility and control over their […]
TL;DR Bifrost has launched LoopStake, a new product that simplifies leverage staking on Polkadot. LoopStake offers a one-click experience, eliminating the need for manual loops and making leverage staking more accessible and efficient for users. Bifrost’s liquid staking protocol has around $150 million in total value locked (TVL), reflecting a growing interest in this tool […]
TL;DR SEC orders SkyBridge Capital to withdraw its Bitcoin ETF application due to lack of timely amendments. SkyBridge had submitted the application more than nine months ago without it being effective. Eric Balchunas suggests that the launch of the ETF could have increased fund flows by 15%. The Securities and Exchange Commission (SEC) has issued […]
Remember Covid-19? The virus that brought the world to its knees within months and some of the consequences can be felt four years later? Well, it was this time in March 2020 when the World Health Organization declared the unknown virus that supposedly stemmed from bats in China as a pandemic. This led to a […]
Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to disclose the identities and transaction histories of its top 100 users. Detained Executives’ Families Demand Their […]
The U.S. Attorney's Office for Massachusetts is asking a court to return $2.3 million in stolen cryptocurrency obtained in a romance scam.
Longtime crypto skeptic JPMorgan chief executive Jamie Dimon says he will never buy Bitcoin (BTC) even as the digital asset soars to a new all-time high (ATH). In a new Reuters report, Dimon continues his criticism of Bitcoin during remarks at the Australian Financial Review business summit during a live stream from New York. He […]
One of the most significant events within the Bitcoin ecosystem is the Bitcoin halving, an event that reduces the reward for mining new blocks by half. The event next month occurs approximately every four years and has profound implications for the cryptocurrency industry. The halving is a pivotal moment for the crypto industry, influencing everything […]
Ethereum (ETH) has been showing a solid performance lately, leaving investors both ecstatic and wary. The world’s second-largest cryptocurrency, boasting a market capitalization of nearly $480 billion, recently surpassed the coveted $4,000 mark for the first time since December 2021, igniting a flurry of bullish predictions. But is this a genuine resurgence, or are we […]
Compared to the overall market, ATOM has seen relatively modest gains of 35% in the past month. Crypto analyst highlights ATOM’s current low against Bitcoin as an indicator of its undervalued status, suggesting significant growth potential. Grayscale’s launch of a new fund which includes ATOM for staking income, positions the asset for further growth. After […]
Bitcoin has experienced a remarkable 360% rise in 476 days, soaring from USD $15,782 to a current high of USD $71,911.08, repeatedly setting new records. Rekt Capital forecasts Bitcoin’s next market peak between late November 2024 and January 2025, based on historical trends of reaching new highs 266 to 315 days post-ATH. Current data places […]
Altcoin season looms, data shows market liquidity support
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. Bitcoin has had another period of intense and record-breaking success, spurred on both by positive developments […]
Bitcoin (BTC) has been recording new highs, and with its uptick, established coins such as BNB and GALA have been some of the top gainers. However, despite their stellar performance, Algotech (ALGT), a new presale token, is taking all the credit as the crypto with the most potential growth. Can ALGT live up to BNB […]
The National Tax Service in South Korea is preparing to launch a virtual asset tax system to curb cryptocurrency tax evasion.
The tokenization of real-world assets offers “far-reaching” new functions, according to Travis Hill, the vice chair of the U.S. Federal Deposit Insurance Corporation (FDIC). In a new speech at the Mercatus Center, Hill says real-world asset tokenization offers programmability, the ability to hard-wire value transfers that automatically self-execute when certain conditions are satisfied. Tokenization also […]
TL;DR The implementation of Dencun on the Ethereum mainnet has been successfully carried out. One of the main goals is to address the scalability and cost challenges facing Ethereum. The introduction of “blobs” of data through EIP-4844 will provide a new space to store data on the ETH blockchain, facilitating data management and reducing associated […]
[PRESS RELEASE – Austin, Texas, March 13th, 2024] SendingNetwork, communication infrastructure for web3, today announced the launch of its testnet for bandwidth mining. This launch is set to revolutionize the way we utilize bandwidth around the world. Through the implementation of an incentive testnet, rigorous security measures, and a clear roadmap towards token launch, SendingNetwork […]
The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had contracted the services of a third-party company to help in this task, and it is scheduled to be […]
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Amidst Nigeria’s economic struggles, marked by currency devaluation, a tense confrontation has arisen between the government and cryptocurrency platform Binance. The situation escalated with the detention of two senior Binance executives, Nadeem Anjarwalla and Tigran Gambaryan, sparking concerns about diplomatic tensions and the regulatory landscape surrounding cryptocurrencies in Nigeria. Authorities Demand User Data amid Allegations […]
As the Bitcoin price continues on an upward trajectory that has sent it toward new all-time highs, breaking above $73,000 this week. With this increase, the vast majority of BTC holders are currently seeing a profit, and large whales are taking advantage of this to cash out some profit. Large Bitcoin Whales Sell-Off Coins Crypto […]
Market still showing strength, but not every asset is in aggressive rally mode
The CEO of JPMorgan Chase comparing smoking to Bitcoin is actually an improvement in sentiment…somehow. Dimon suggested that he would defend the consumer’s right to purchase BTC, even though if he were the government he’d still shut it down. JPMorgan is somewhat ironically working on its own blockchain called Onyx. Meanwhile, Bitcoin continues to hit […]
Research from Kaiko has found the rate at which new Bitcoin millionaires are being created this bull run is about half that seen during the 2021 bull run. Kaiko suggests this reduction may be due to this run still being in its early stages, with the Bitcoin halving still around a month away. Separate research […]
I recently converted a Bitcoin seed phrase into a DNA sequence, just because I can. Using only the first four letters of the BIP39 seed words, a 12-word seed phrase can be stored in a mere 48 nucleotides of DNA. (For comparison, the average gene is several thousand nucleotides long, and the complete human genome […]
Price models suggest Bitcoin’s (BTC) bull run is just getting started, according to on-chain analyst Willy Woo. Woo tells his 1 million followers on the social media platform X that Bitcoin’s upper bound is currently $337,000. “So this bull market is still early, equivalent to $20,000 of last cycle. Last cycle didn’t hit the upper […]
In recent times, the dYdX Chain has witnessed significant adoption, marked by the addition of 20 new markets to its platform since the deployment of the New Market Listing Widget on dydx.trade. The latest addition to the platform is $ALGO, contributing to the total TVL (Total Value Locked) reaching $11 million. Since the New Market […]
The cryptocurrency is down double digits on Wednesday seeing a massive decline in price of 36%. The crash is causing holders immense distress as a …