Grayscale Investments’ GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.

Bitcoin (BTC) is flashing a potentially bullish indicator amid an overall crypto market downtick, according to the digital asset analytics firm Santiment. The firm notes in a new post on the social media platform X that the percentage of the BTC network’s available supply in profit is 84.4%. Explains Santiment, “This BTC ratio is at […]

Bitcoin’s price has been going through some major moves throughout the past couple of weeks. The bulls are fighting to reestablish their dominance, staging a convincing recovery above $60K. But will it last? Technical Analysis By TradingRage The Daily Chart The price has been oscillating inside a descending channel on the daily chart for the […]

TL;DR Arthur Hayes, former CEO of BitMEX, suggests that Bitcoin could be poised for a gradual recovery. He attributes the recent market downturn to various factors, including the tax season in the United States and uncertainty about Federal Reserve policies. BTC’s potential recovery could be driven by an increase in dollar liquidity, creating upward pressure […]

A cryptocurrency analyst and trader is saying Bitcoin (BTC) may have reached a market bottom after correcting down into the high $50,000 range. The analyst pseudonymously known as Rekt Capital tells his 74,900 YouTube subscribers that Bitcoin’s latest correction is the cycle’s deepest, suggesting a further decline is unlikely. “This single corrective period is now […]

BlockDAG Now Accepts Payment In SOL, MATIC, KAS & 7 Other Coins Amidst Shiba Inu’s New Blockchain Launch & Bullish Cosmos Price Projections Amid the dynamic developments in the crypto landscape, BlockDAG is capturing attention by adding ten new payment options, coinciding with significant developments in the Shiba Inu ecosystem and shifting price predictions for […]

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Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his thoughts on the current Bitcoin price action. He stated that the flagship crypto has hit a local low and predicted what its future trajectory will look like.  Hayes Says Bitcoin Has Bottomed  In a recent blog post, Hayes mentioned that Bitcoin hit a […]

From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin and Ether Lead in Volatile NFT Market; Weekly Sales Down 30% […]

Intriguing reason for SHIB, BONK, WIF price jumps explained

LayerZero Labs will enforce consequences for those who don’t self-report by May 17.

Dogecoin (DOGE) competitor Shiba Inu (SHIB) is announcing the completion of its highly anticipated Shibarium hard fork. In a new thread on the social media platform X, the team behind the dog-themed meme asset says they have officially completed the Shibarium hard fork, a move traders have been expecting since last year. “Shibarium has successfully […]

Crypto asset manager Pantera Capital announced on Thursday that it’s investing in the layer-1 altcoin TON, triggering a modest rally for the asset. TON is the native token for a layer-1 blockchain initially developed by the encrypted messaging platform Telegram. Telegram parted ways with the project in 2020 following a legal battle with the U.S. […]

Financial technology conglomerate Block, owned by X co-founder Jack Dorsey, has decided to invest 10% of all profits made from bitcoin-related products in monthly BTC purchases. Speaking to shareholders in a Q1 2024 earnings report, Dorsey outlined several reasons for the decision, addressing investors’ concerns about why Block is so focused on the largest cryptocurrency. […]

As long as money continues to flow into the new Bitcoin ETFs, the price of Bitcoin should trend higher.

The recently approved Hong Kong Bitcoin spot ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 total spot Bitcoin and Ethereum ETFs last week. NEW: 🇭🇰 Opening ceremony of Hong Kong spot #Bitcoin ETFs 👏 pic.twitter.com/ux1eb5PqRn — Bitcoin Magazine (@BitcoinMagazine) April 30, […]

Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a notable resurgence in its bullish momentum, with the Bitcoin price reclaiming the crucial $61,000 threshold.  This recovery follows a week-long downtrend that led to a 20% drop to $56,000 on Wednesday. As the bullish momentum returns, the possibility of further testing upper resistance levels […]

JPMorgan Chase, Bank of America and Citibank are keeping trillions of dollars in unknown and potentially risky assets off of their balance sheets, according to new data from the US government. The new numbers – compiled by the Federal Financial Institutions Examination Council (FFIEC) and first reported on by Wall Street on Parade – show JPMorgan […]

HodlX Guest Post  Submit Your Post   The DeFi (decentralized finance) market has staged an impressive comeback over the past 12 months – with the TVL (total value locked) across all protocols doubling to $93 billion. Meanwhile, excitement surrounding the capabilities of generative AI continues to build. A Bloomberg report suggests this industry could be worth […]

TL;DR Tether, the issuer of the world’s largest stablecoin, USDT, has partnered with Chainalysis to monitor secondary market activity and combat illicit transactions. This collaboration aims to enhance oversight within the digital asset space by systematically tracking transactions involving USDT beyond direct trading with Tether. Tether has developed new tools that allow it to identify wallets that may pose […]

TL;DR Michael Saylor predicts that the SEC will classify Ethereum as a security this summer. This would result in the rejection of spot ETF applications. Other cryptocurrencies could face the same fate. The CEO emphasized Bitcoin’s position as the only cryptocurrency with full institutional acceptance, describing it as a universal institutional crypto asset without competition. […]

We do the research, you get the alpha! Go to Alpha Reports Bitcoin leaped over $61,000 in the hour that followed the release of a government employment report. At time of publication, the price of Bitcoin is around $61,640, up 5.2% on the day, according to data from CoinGecko. Bitcoin’s price surge followed the U.S. […]

We do the research, you get the alpha! Go to Alpha Reports When the Bitcoin price tanks, traders tend to take cover and look for signs that the market has reached bottom and will reverse its trajectory. To that end, Bitcoin billionaire and former BitMEX CEO Arthur Hayes has some cautious optimism to share. “While […]

BlockDAG, Dubbed ‘Kaspa Killer’, is Set to Launch Its X1 App Beta Version By June 1st, 2024, Beating Ethereum (ETH) Price Trend As June 1, 2024, approaches, the cryptocurrency community is buzzing with anticipation for the release of BlockDAG’s X1 App Beta version. This innovative app introduces a unique, energy-efficient mining consensus algorithm that promises […]

Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment, fueled by the issuance of unlimited debt and the loss of trust in […]

Pepe price rocketing despite overall market pessimism; BONK, WIF also top gainers

A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors.

Crypto hackers have claimed another major victim, fooling him into sending $68 million to a wallet he thought was somebody else’s. Blockchain data indicates that a once-wealthy Ethereum user lost all of his Bitcoin holdings after hackers contaminated a recipient’s wallet history. The user now holds just $1.6 million in crypto at his address. The […]

Closely followed quant analyst PlanB believes that Bitcoin (BTC) can reach six figures before the end of 2024. In a new strategy session, the on-chain analyst tells his 157,000 YouTube subscribers that based on prior history, Bitcoin’s price is likely to double the current value to restore BTC miners’ revenue losses due to the April […]

MultiBank Group, a digital asset exchange, is introducing MultiBank.io, a cutting-edge, cryptocurrency derivatives trading platform.

Fidelity, a major financial services firm, says pension funds are starting to explore investing in Bitcoin, particularly after the approval of spot Bitcoin exchange-traded funds earlier this year. BREAKING: Wall Street giant Fidelity says pension funds are beginning to explore #Bitcoin and crypto Gradually, then suddenly 🚀 pic.twitter.com/8vBz4Bf02t — Bitcoin Magazine (@BitcoinMagazine) May 3, 2024 Fidelity has […]

On-chain data shows that many old coins have moved on the XRP network recently, a sign that proved to be bearish for the coin last time. XRP Age Consumed Metric Has Registered A Large Spike According to data from the on-chain analytics firm Santiment, XRP has just observed a large movement of dormant coins similar […]