XRP does not look dominant at all, but its metrics are showing high potential
Cryptocurrency enthusiasts are celebrating a bullish weekend for Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization. With a price surge of 4.31% in the last day, ETH is inching closer to a critical resistance point: $4,000. This climb comes amidst a wave of optimism surrounding the Ethereum network, fueled by a confluence of factors. […]
The U.S. Federal Reserve is not rolling out a Central Bank Digital Currency (CBDC) anytime soon, according to Fed Chair Jerome Powell. During the Senate Committee on Banking, Housing and Urban Affairs hearing earlier this week, Powell discussed the central bank’s stance on a CBDC as the Biden administration urged continued research and evaluation of […]
TL;DR Over $3 billion in BTC and ETH options will expire on March 8th, marking a crucial moment in the crypto market. Analysts are divided on the impact of the expiry on BTC and ETH prices, with some predicting a surge and others expecting increased volatility. The put-call ratio indicates an overall bullish sentiment, but […]
A widely followed cryptocurrency analyst and trader is turning bullish on one Ethereum (ETH) layer-2 project. The analyst pseudonymously known as Credible Crypto tells his 379,100 followers on the social media platform X that Optimism (OP) is now in the midst of price discovery and could move much higher. Price discovery is a term used […]
Why exactly are meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) pumping all of a sudden? Bitwise CIO Matt Hougan says there’s a method to the madness. “The primary driver of alt season is a classic ‘wealth effect,’” wrote Hougan on Twitter Friday. “Crypto natives make money in Bitcoin, feel rich, and […]
Speaking with CNBC’s Brian Sullivan on “Last Call,” Lee said, “It’s a generational issue” for Millennials and Gen Z, who are more open to adopting cryptocurrency. Sullivan told the financial analyst and strategist, “I’ve never met an investment instrument that is so polarizing… There’s people who call it fake, it’s a fraud, it’s a joke, […]
Integrating cryptocurrency as a payment option alongside traditional methods can help grow your business and enhance customer convenience. Empower …
Despite Bitcoin recently hitting a new all-time high (ATH) of over $70,000, crypto analyst Michaël van de Poppe believes that there is still more room for significant moves to the upside. Interestingly, he also expects that this bull cycle will be one like no other. Bitcoin Still Heavily Undervalued Michaël van de Poppe mentioned in […]
After witnessing a sudden crash a few days ago, Sol saw an unprecedented surge in volume in the last two weeks. The price is up 10% in the last 24 hours, ready for a huge price movement on the daily chart. While Bitcoin recently reclaimed its all-time high, most major altcoins have followed suit but […]
Gluwa, a platform for real-world assets, announced on March 7 its partnership with the Central Bank of Nigeria. The partnership arrangement aims to improve the functionality of the Nigerian central bank’s digital currency and promote financial innovation through blockchain technology. Improving the CBDC’s Utility Gluwa, a real-world assets platform, has entered into a partnership arrangement […]
Shiba Inu token’s meteoric rise was foreshadowed by monumental whale purchase exceeding $10 million, as revealed by on-chain data analysis
A widely followed crypto analyst is reacting as king crypto Bitcoin (BTC) sets a new record all-time high. According to CoinGecko, BTC reached a new all-time high of $69,255 earlier this morning. In response, crypto trader Michaël van de Poppe says this is the first new all-time high before Bitcoin’s halving, a pre-programmed event that occurs every four […]
The Spanish Data Protection Agency (AEPD) has taken decisive action against Tools for Humanity Corporation, issuing a precautionary measure to halt the collection and processing of personal data within the framework of its Worldcoin project. The move comes in response to multiple complaints lodged against the company, citing concerns over inadequate information disclosure, the collection […]
The bedrock of Bitcoin self-sovereignty is having control over your private keys. Without this, in one way or another, you are relinquishing control of your money to someone else. “Not your keys, not your coins” as the saying goes. A counter-intuitive aspect of Bitcoin for people who aren’t familiar with the technical underpinnings of it […]
The cryptocurrency market is rallying this month as Bitcoin climbed above the $68,000 mark. Bitcoin retraced in price currently and is now …
Bitcoin price has fallen by over 10% after briefly touching its all-time high of $69,000, propelled by investors’ flood of money into BTC Spot Exchange-Traded Funds (ETFs). However, intense volatility surrounding the crypto asset’s price has triggered a rebound to the $68,000 mark, which highlights the return of positive enthusiasm, prompting predictions of a significant […]
TL;DR Investors have withdrawn over $10 billion from GBTC since its conversion to an ETF in January of this year. The high rate of capital outflows, averaging $338 million per day in the last week, is concerning for the manager and investors. The capital outflow is primarily attributed to the large difference in fees charged […]
Bitcoin and Ethereum aren’t the only major cryptocurrencies making moves: Solana rose above the $150 price point on Friday for the first time since January 2022. The two-year peak for Solana comes as Bitcoin hit another all-time high price Friday morning above $70,000, while Ethereum reached $4,000 for the first time since 2021. Like those […]
SMOG is the latest crypto sensation. The dragon-themed meme coin exploded 391.93% this week to attain a $265 market cap. The key allure of SMOG is its series of airdrops that have gone viral on social media platforms. With 30% of the token supply set aside for airdrops and 50% allocated for marketing, SMOG is […]
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. […]
Volatility of Bitcoin will not plunge in foreseeable future, as this crucial metric goes down
Entertainment giant Sony has submitted a US patent application for “super-fungible tokens” designed for gaming. Sony, the developer behind the popular PlayStation console series, submitted the patent application back in 2022, though the document just became public at the end of February. The application lays out plans for an electronic device that tracks gaming assets […]
Wall Street is closely watching an $8.8 trillion pile of cash that could quickly fuel a major market rally, according to a new report. Investors are anticipating a seismic shift in the trillions of dollars that has piled up in money markets, reports the Wall Street Journal. Capital poured into money market funds over the […]
In recent weeks, Ethereum (ETH) has experienced notable price momentum, largely attributed to significant accumulation by Ethereum whales. This trend has caught the attention of crypto enthusiasts and investors alike, signaling positive sentiment towards the digital asset. According to on-chain data analysis, two major ETH accumulators have emerged during this bullish period. The entities identified […]
Have you fallen into the ‘rabbit hole’ of covenants? Interviewer: Hua, freelance writer, independent researcher. X: @AmelieHua Interviewee: Poly, a Controls Specialist, maintains multiple Distributed Control Systems (DCS’s) and has worked with other five nine systems (99.999% uptime availability). X: @Polyd_ Covenants are an old yet fresh topic. As early as 2013, developers began discussing […]
Amidst widespread bullish sentiment surrounding Bitcoin, one analyst on X thinks the leg up won’t be as strong as it was in the past few weeks. Pointing to developments in the Bitcoin log curves, the analyst expects the coin to find resistance as it attempts to break higher. Bitcoin Uptrend To Slow Down The analyst doubts the […]
The cryptocurrency industry is currently seeing an influx of both traditional and modern traders thanks to the inclusion of Bitcoin ETFs. A multitude …
Sam Altman’s privacy-focused crypto project Worldcoin (WLD) is taking legal action against the government of Spain after it was banned in the European nation. Earlier this week, the Spanish Data Collection Agency (AEPD) ordered Worldcoin to stop collecting information after receiving numerous custom complaints that its data-gathering process was infringing upon users. Furthermore, the AEPD […]
TL;DR Meme coins, especially cat and dog-themed ones, are the top performers in the crypto market, with a market cap of $55 billion and an 84% increase in a week. Solana, a low-fee blockchain platform, has become a new haven for meme coins, attracting coins inspired by celebrities and politicians, and reaching $2 billion in […]
TL;DR Senators Lummis and Gillibrand draft bill to regulate stablecoins. Collaboration with key entities such as the New York Department of Financial Services and the Federal Reserve. Project seeks to provide regulatory clarity and protect consumers in the cryptocurrency market. Senator Cynthia Lummis, known for her support of Bitcoin, along with Senator Kirsten Gillibrand, are […]
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is declining to comment on whether smart contract platform Ethereum (ETH) counts as a security or a commodity. In a new interview with Bloomberg Television, Gensler says he does not want to answer questions about Ethereum’s classification as an asset amid anticipation of the regulatory agency’s […]