Hundreds of millions of dollars worth of liquidations are hitting the crypto markets as Bitcoin (BTC) touches the $64,000 level for the first time since late 2021. New data from market intelligence platform Coinglass reveals that during the last 24 hours, traders saw over $638 million worth of liquidations – the majority of them being […]
… cryptocurrency investment scam is alarming authorities around the world. In operations known as “pig butchering”, scammers con victims out of …
Ethereum has been exhibiting a robust and sustained upward trend, showing its mettle in the volatile cryptocurrency market. At the time of writing, the price of ETH was hovering around $3,743, surpassing its moving averages with considerable bullish momentum. The cryptocurrency community is now eagerly anticipating the breach of the significant $3,500 price threshold, marking […]
TL;DR The collapse in the difference between the perpetual funding rates of Bitcoin and Ether signals an increase in risk appetite in the crypto market. This indicates a greater willingness of investors to take risks by channeling funds into smaller and riskier altcoins. A positive funding rate indicates a bullish bias, while a negative rate […]
TL;DR Bitcoin ETFs are experiencing a significant surge in trading volumes, reaching a combined total of $2 billion. This is led by BlackRock’s iShares Bitcoin ETF (IBIT), which set a personal record with a daily trading volume of $1.3 billion. The surge in trading volumes coincides with Bitcoin’s price rally to a two-year high, of nearly […]
The price of ILV has experienced significant volatility in the past week, surging by over 30% before encountering a 12% correction following substantial sales by a whale investor, as per data from spotonchain. Spotonchain data reveals that Whale 0x207, known as luggis.eth, executed a significant sell-off, disposing of 44,033 ILV tokens, amounting to approximately $5.58 […]
TL;DR Shiba Inu (SHIB) saw a notable price increase and a surge in market capitalization, coinciding with a general upturn in the cryptocurrency industry. The rally might have been further boosted by the introduction of a new privacy-enhancing tool by the SHIB development team, signaling potential for future growth in the ecosystem. Shiba Inu (SHIB) […]
El Salvador president, Nayib Bukele, has affirmed that his country will not sell its bitcoin, emphasizing that “At the end 1 BTC = 1 BTC (this was true when the market price was low and it’s true now).” Bukele further shared: “Now that bitcoin’s market price is way up, if we were to sell, we […]
A BlackRock exchange-traded fund (ETF) investing in Bitcoin (BTC) saw record inflows of $520 million on Wednesday, marking the largest daily intake for any US ETF across asset classes so far this year. All this comes as the price of Bitcoin tests $64,000 and is just a step away from its historical highs of 2021. […]
Chainlink (LINK) creator Sergey Nazarov says the recent launch of spot Bitcoin (BTC) exchange-traded funds (ETFs) is a “watershed moment” for the industry as it could mark the beginning of a massive influx of capital from global finance. In a new interview on Bloomberg Television, Nazarov says the “net new buyers” of the current crypto […]
A crypto strategist who nailed Bitcoin’s (BTC) 2018 bear market price floor says he’s looking at one memecoin to generate massive returns this cycle. Pseudonymous analyst Bluntz tells his 240,900 followers on the social media platform X that the Solana (SOL)-based memecoin dogwifhat (WIF) is his “highest conviction” trade this cycle. The trader shares a […]
Bitcoin facing critical test on its path to reclaiming all-time high of $69,000
Coinbase, one of the leading Bitcoin and cryptocurrency exchanges, experienced a significant outage today as Bitcoin’s price soared, leaving many users accounts malfunctioning. The disruption occurred amid a sharp increase in trading activity following Bitcoin’s surge in price, which briefly surpassed $64,000. JUST IN: Coinbase has reportedly crashed. — Bitcoin Magazine (@BitcoinMagazine) February 28, 2024 […]
JP Morgan CEO Jamie Dimon said he is concerned over current fiscal policies and skeptical about the market’s optimism for a “soft landing.” And while he never mentioned Bitcoin—he promised he wouldn’t—American financier Anthony Scaramucci said Dimon’s risk-averse comments suggest that he needs to ”do more homework” on the digital asset. It started with an […]
As Bitcoin’s price rockets, the NFT-like Ordinals are staging a quiet comeback, with sales cross major Ordinals marketplaces crossing $19.7 million on Monday. More than $14 million in sales have taken place today, according to data from CryptoSlam. The number has shot up since the start of the month, when daily trading volume was between […]
WACO — Following last week's lawsuit from the cryptocurrency mining industry, Sierra Club attorneys filed an amicus brief addressing the …
Shiba Inu (SHIB) is on a roll, having again broken above the crucial $0.00001 resistance level. This recent price surge from the meme coin is believed to be propelled by several factors that undoubtedly provide a bullish narrative for the crypto token. Burn Rate Contributes To The Shiba Inu Rise Data from the burn tracking […]
A prominent Bloomberg analyst says that Bitcoin (BTC) exchange-traded funds (ETFs) – which only launched in January – are seeing more individual trades than the top two ETFs in the equities markets. In a new thread, Bloomberg senior ETF analyst Eric Balchunas tells his 243,600 followers on the social media platform X that BTC ETFs […]
TL;DR Elixir Games redefines the Web3 gaming experience with the support of Square Enix and the Solana Foundation. The $ELIX token and NFTs offer exclusive benefits and access to IGOs, gamifying investment in Web3. The Elixir Games Launchpad drives innovation by incubating new Web3 games and addressing market gaps. In the growing world of blockchain-gaming, […]
In the vibrant world of cryptocurrency, where innovation and strategic positioning play crucial roles in determining a project’s success, a new contender has emerged, challenging established players and reshaping investor portfolios. Shiba Budz (BUDZ), priced at an enticing $0.0013, has quickly caught the attention of the crypto community, particularly drawing in investors from Bonk (BONK) […]
TL;DR Binance expanded its margin program with new isolated and cross margin options. The exchange is also removing certain pairs due to low performance, as part of its regular updates and reviews to maintain trading quality and volume. The world’s largest cryptocurrency exchange increased the number of trading pairs offered on its margin program. SHIB/FDUSD, DOT/FDUSD, WLD/FDUSD, […]
In a recent legal submission, Sam Bankman-Fried’s freshly appointed defense team strongly criticized the suggested century-long sentence as “grotesque.” The firm Mukasey Young is pushing for a gentler verdict for the 31-year-old creator of FTX. Bankman-Fried’s Defense Urges Judge to Cap Sentence at 78 Months The defense’s legal brief argues that the suggested sentence is […]
Blackrock has allegedly suggested a staggering 28% allocation to Bitcoin for investors’ portfolios during a private event
Renowned whistleblower Edward Snowden has made a bold prediction on X today, suggesting that a national government will enter the Bitcoin market this year by purchasing BTC. JUST IN: Edward Snowden predicts "A national government will be revealed this year to have been buying #Bitcoin without having disclosed that fact publicly." pic.twitter.com/ECauNV3DvA — Bitcoin Magazine […]
Two private-sector expert advisors are being hired to help the IRS's efforts in the cryptocurrency and other digital assets arena, …
In a notable development for the cryptocurrency world, Telegram, the popular social media platform, has introduced an ad revenue-sharing system for channel owners on its native blockchain TON. This move has resulted in a significant 25% price spike for TON, surpassing the $3,016 mark. Previously known as Gram, TON is the native cryptocurrency of The […]
Veteran trader Peter Brandt is raising his target price for Bitcoin (BTC) this cycle after the crypto king broke out of a massive bullish pattern. The seasoned trader tells his 717,300 followers on the social media platform X that Bitcoin is now in a position to surge over 250% from current levels by Q3 2025 […]
The partnership will enable Magic Eden users to “flex the lore and legacy” of their avatars and digital assets through Other Page. Image: Other Page Your Web3 Gaming Power-Up Enjoy exclusive benefits with the GG Membership Pass Other Page and Magic Eden have announced a collaboration that aims to reinvent profiles within the marketplace by […]
This past weekend at NFT Paris, steps away from the Eiffel Tower, scores of high-ranking executives from the world’s top fashion, automotive, watch, and alcohol brands mingled with crypto thought leaders to discuss the on-chain future of the luxury industry. These brands have spent the last three years dipping their toes into various blockchain-backed experiments, […]
Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth $97.4 million by the end of July 2024. The addition of the new bitcoin mining machines is projected to increase the “self-mining” hashrate capacity of Riot’s Rockdale Facility to 15.1 EH/s. Replacement of Underperforming Miners […]
The cryptocurrency exchange Bybit has integrated TradingView to enhance its users’ trading experience. According to the company, this step eliminates the hassle of switching between platforms, providing users with direct access to spot and futures trading symbols within their TradingView’s charts. Ben Zhou, the Co-Founder and CEO of Bybit, mentioned: “Bybit’s integration with TradingView reflects […]
TL;DR Bitcoin’s supply-in-profit ratio is nearing levels seen during the two market cycle peaks in 2021, with almost 95% of Bitcoin holders having unrealized gains. Analysts forecast that Bitcoin prices could rise to between $55,000 and $60,000, possibly setting a new all-time high, before the market enters a correction phase followed by a bull rally. […]