The official liquidator of FTX has instructed creditors to file electronic claims by May 15, 2024. The claims portal managed by PricewaterhouseCoopers (PwC) anticipates commencing its initial distribution either in late 2024 or early 2025, with all valid claims being expressed in U.S. dollars. PwC Announces Chapter 11 Settlement for FTX and Debtors In a […]
During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain Witnesses Unprecedented 4 MB Block Over the recent weekend, Marathon, a […]
Crypto millionaire Justin Sun picks Tron community’s brains about potential integration of AI and meme coins for his projects’ cryptocurrencies
A US judge in Coinbase’s insider trading case is declaring that secondary market sales of crypto assets are considered securities transactions. In July of 2022, the SEC filed a complaint accusing Ishan Wahi of giving his brother and a friend, Sameer Raman, confidential information about which crypto assets were to be supported by Coinbase. The former […]
Bitcoin has reached new all-time highs against the Euro and the British Pound, following a recent high against the Australian Dollar at AUD $105,000. The current USD price of Bitcoin is $67,928, close to its all-time high, showing discrepancies across platforms. Several predictions suggest a possible surge past USD $200k albeit on different time scales. […]
As the cryptocurrency markets continue their upward trajectory following weeks of surge, the Artificial Intelligence token FET appears to be lagging behind in initiating its upward movement for the new trading week. Despite experiencing a notable gain of over 71% in the past week, $FET has witnessed a slight 1% decline in its value today. […]
BBB: Cryptocurrency scams were the riskiest in 2023 For more Local News from WFSB: https://www.wfsb.com/ For more YouTube Content: …
Hong Kong’s Securities and Futures Commission (SFC) has flagged BitForex, a cryptocurrency exchange, for suspected fraud. The exchange abruptly went offline on February 23, with $57 million reportedly missing from its hot wallets. BitForex’s sudden disappearance prompted Hong Kong’s regulator to add the company to its alert list regarding potential fraud associated with the exchange. […]
MicroStrategy Incorporated (Nasdaq: MSTR) has announced its plans to offer $600 million aggregate principal amount of convertible senior notes due 2030 in a private offering to qualified institutional buyers. The offering is subject to market conditions and other factors, with the potential to increase by an additional $90 million. JUST IN: MicroStrategy to raise $600 […]
On Monday, a flood of capital brought Bitcoin within striking distance of record values, sending it soaring to a two-year high and breaching past $68,000. At its peak, the price was $68,800. At the time of writing, Bitcoin was trading at $67,980, up 6.6% and 20.6% in the daily and weekly timeframes, data from Coingecko […]
A closely followed trader says memecoins and an additional crypto subsector are likely to outperform the rest during this market cycle. Pseudonymous analyst The Flow Horse tells his 204,000 followers on the social media platform X that traders who made big gains on memecoins will likely rotate their capital to other crypto assets and trigger […]
HodlX Guest Post Submit Your Post From its earliest days, Bitcoin has been demonstrating price patterns that repeat over and over again throughout its history. It appears they are centered around the halving – an event happening in the Bitcoin network every four years. As another halving approaches in 2024, a few other factors may […]
TL;DR Institutional interest in Bitcoin reaches record in the CME futures market. RHODL Ratio shows bullish potential for Bitcoin. Despite the high RSI, the decline in social dominance suggests possible growth in the short term. In the fascinating world of cryptocurrencies, Bitcoin (BTC) remains the undisputed protagonist. During the week, we have witnessed a significant […]
TL;DR Cardano (ADA), a proof-of-stake blockchain platform, has added $2 billion to its market value within a 24-hour trading session, driving its market capitalization to $27.68 billion. The coin’s value is currently $0.78 per ADA, up 7% in the last 24 hours and nearly 27% in the last week. The trading volume for ADA has seen […]
Friend.tech, a Web3 social platform, has revealed that its investors have unanimously decided to waive their rights to sell tokens to users, granting them full control over the funds. The decentralized social media protocol garnered significant attention last year but has recently experienced a decline. Friend.tech Is Looking for a Comeback Friend.tech users have been […]
Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become the world’s “most popular investment asset.” Microstrategy to Buy More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) […]
The cryptocurrency market has soared to a new height, surpassing $2.5 trillion in total market value
The overall cryptocurrency market is brimming with an influx of new funds where investors are reaping handsome profits. Millions worth of Bitcoin …
In a recent technical analysis update, the crypto analyst known as Dark Defender provided insights into the price movements of XRP against the US dollar. The analyst employs the Elliott Wave Theory to dissect the price movements of XRP. This approach, rooted in the psychological patterns of market participants, illustrates price trends through a distinct […]
Crypto fanatics eager for a market-shattering Ethereum spot ETF launch may be in for an underwhelming surprise, according to Bloomberg ETF analyst Eric Balchunas. While the recent launch of multiple Bitcoin spot ETFs in the United States has proven phenomenally successful, Balchunas claims a follow-up launch for Ethereum would be “small potatoes” compared to the […]
Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin due to spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a new era […]
Cryptocurrency market about to face substantial correction
TL;DR BlackRock’s IBIT Outperforms Silver ETFs with $10B in Assets, Reflecting Bitcoin’s Prominence. Approval of Bitcoin ETFs in the US drives interest; IBIT displaces GBTC from Grayscale. BTC ETFs lead over traditional ETFs, indicating shift in preference towards cryptocurrencies. The recent entry onto the scene of the BlackRock iShares Bitcoin ETF, trading under the symbol […]
Criminal – Cryptocurrency … “After an eight-day trial, a jury convicted Randall Crater of wire fraud, unlawful monetary transactions, and operating an …
Quant analyst PlanB says that Bitcoin (BTC) has now entered the stage of its market cycle where extreme price pumps and volatility are commonplace. In a new strategy session, PlanB shares a chart with his 118,000 YouTube subscribers that attempts to indicate the four phases of Bitcoin’s market cycles: the accumulation phase, the bull market, […]
Bitcoin (BTC), the leading cryptocurrency, continues its remarkable bullish run, surpassing the $65,000 mark on Monday and inching closer to its all-time high of $69,000. Simultaneously, BTC has achieved a significant milestone against the Euro as economic concerns escalate across Europe. BTC Achieves Record Highs Against 14 G20 Currencies Despite previous skepticism from European authorities, […]
Shiba Inu started a major rally last week and this week it seems keen to continue. In the following, we take a look at a few technical indicators that might provide some insights into why SHIB’s price is up today. Key Support levels: $0.000025 Key Resistance levels: $0.000037 1. Major Rally in Progress After more […]
Top executives from Binance have been summoned to appear before the Nigerian House of Representatives Financial Crimes Committee no later than March 4. Ginger Onwusibe, the committee’s chairperson, has warned of possible repercussions should Binance executives fail to comply with the request. Latest Escalation in the Standoff Between Binance and Nigerian Authorities The Nigerian House […]
In a landmark achievement, Bitcoin’s market capitalization has soared beyond that of Meta
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's …
A closely followed trader in the crypto space says that Dogecoin (DOGE) is likely going to print sizeable gains once a proper bull market kicks off. The pseudonymous trader known as Altcoin Sherpa tells his 209,000 followers on the social media platform X that while it may not be the most original investment thesis, DOGE […]
TL;DR Vitalik Buterin praises Reddit’s decision to involve contributors in its IPO but criticizes US regulations that limit participation. Buterin appreciates Reddit’s experimentation with “contributor ownership” and sees similarities with user empowerment in crypto. Buterin also highlights the funding gap in the crypto infrastructure, where meme coins get more attention than essential components. Vitalik Buterin, […]