Algotech (ALGT) was designed as a decentralized algorithm trading platform that leverages new technologies like AI, Machine learning, and Data analysis to improve the trading space. Trading is purely psychological, and this has reduced the statistical advantage traders have built over time. With the introduction of unique algorithm trading systems, Algotech is able to improve […]
Solana-based investment products had seen steady inflows throughout the year after intensive performance and reliability improvements. However, investor confidence took a hit due to a network outage lasting five hours earlier this month, caused by a bug that caused transactions to enter an infinite loop, thereby impacting the network’s functionality. Solana’s Troubles Continue Among altcoins, […]
Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explained why it is moving to dismiss the case. “Crypto innovators in the United States should not have to fear retaliation for their political speech. They should be free […]
Braiins, a leading mining pool in the Bitcoin industry, has made a significant stride by becoming the first mining pool to introduce Lightning payouts. This pioneering move marks a notable advancement in the integration of the Lightning Network (LN) within the mining sector. Introducing Lightning payouts ⚡️ We are excited to be the first mining […]
On-chain data shows the Bitcoin supply in profit has reached levels that led to some tops in the past, like the peak of the April 2019 rally. Bitcoin Supply In Profit Has Shot Up Following BTC’s Latest Run As pointed out by an analyst in a CryptoQuant Quicktake post, Bitcoin supply in profit has hit […]
Can traders expect upward move of Cardano (ADA) and Solana (SOL) shortly?
Notcoin: A Playful Revolution in Cryptocurrency Engagement. In the dynamic landscape of digital tokens, envision a unique scenario where millions of …
Bitcoin’s big start to the week is triggering a massive amount of liquidations across the crypto markets. At time of writing, Bitcoin is trading at $53,584 while Ethereum changes hands for $3,152, prices not seen since November of 2021. According to crypto data aggregator Coinglass, $182.33 million in liquidations have rocked traders on Binance, Bybit, […]
A top analyst who nailed the end of Bitcoin’s (BTC) 2021 bull market thinks that one artificial intelligence (AI)-related altcoin is gearing up to rally to a fresh record high. Pseudonymous analyst Pentoshi tells his 756,300 followers on the social media platform X that he’s bullish on the native asset of Render (RNDR), a crypto […]
A common chant from many in this space these days in response to any discussion of changes to the Bitcoin protocol is “Don’t mess with Layer 1! You can just build it on Layer 2!” This seems like a very logical thing to do, right? Why risk the security and stability of L1 when you […]
With the price movement of Bitcoin becoming less volatile and the markets becoming unstable once more, some people think a crash is imminent for BTC, while some believe and anticipate a potential for further upward surge. New All-Time High For Bitcoin Is Within An Arms Reach In a recent development on the social media platform […]
TL;DR Funds outflow of $56.5 million from BitForex hot wallets on February 23. Abrupt stop of withdrawal processing without official communication from the team. BitForex CEO resigns a month before the events, increasing uncertainty about the direction of the exchange. Recently, alarm bells have been raised in the cryptocurrency world due to a series of […]
Chainlink slipped slightly this week from a brief consolidation phase but later found support after retesting the monthly breakup level as support. The price is now facing up, charging for a fresh increase on the day. After breaking out of an accumulation phase to touch $20.8 last week, Link traded quietly and consolidated at around […]
According to attorney Scott Johnsson, the U.S. Securities and Exchange Commission (SEC) may greenlight an Ethereum (ETH) spot ETF as soon as May 2024. Johnsson estimates that approval could be expected by mid-2025 if this timeline is unmet. Spot Ethereum ETF Approval May Follow BTC’s Timeline In his post on X, Johnsson highlighted the SEC’s […]
Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication with users. No Official Word From the Bitforex Team On Feb. 23, Bitforex, a cryptocurrency […]
Digital assets manager CoinShares says institutions poured $598 million into crypto investment products last week for a fourth consecutive week of inflows. In its latest Digital Asset Fund Flows report, CoinShares says that year-to-date inflows for crypto investment products are nearing the $6 billion mark. “Digital asset investment products saw weekly inflows totaling US$598m, marking the […]
US prosecutors are pushing for former Binance CEO Changpeng Zhao to give up his passports and remain in the country for the duration of his trial. According to a court filing, prosecutors want Zhao to notify the courts at least three days in advance before doing any traveling within the US. They are also requesting […]
Bitcoin’s resilience shines through as Coinbase records staggering $205.3 million BTC withdrawal
Cryptocurrency enthusiasts are cautiously observing the imminent unlocking of over $200 million in SUI, OP, and ZETA tokens. The development is …
One analyst on X is concerned about the long-term sustainability of Worldcoin (WLD), a project aiming to build a universal digital identity system. While acknowledging the project’s innovative approach and recent upswing that has seen WLD more than 4X, the analyst thinks “Worldcoin will end in tears.” FDV Versus Market Cap Soars Doubt: A Massive Price Dump […]
Image: Tiffany Fong/Twitter Illustration by Mitchell Preffer for Decrypt Just when you thought the world was ready to forget the catastrophic collapse of FTX and the conviction of its once-untouchable founder Sam Bankman-Fried, a photo of the incarcerated former executive along with a handful of other prisonmates hit Twitter, thanks to Tiffany Fong. First photo […]
Cryptos including Bitcoin, have been trading within a narrow range, while Ethereum and other altcoins have seen significant gains. The Fear & Greed Index indicates a market sentiment of “Greed” at 71, approaching “Extreme Greed” levels not observed since August 2023. JasmyCoin and SingularityNET have shown remarkable performance, with JSMY gaining 217% and AGIX 194% […]
In a significant milestone for spot Bitcoin exchange-traded funds (ETFs), BlackRock’s spot Bitcoin ETF has recorded over $1 billion in trades today alone, according to Bloomberg Senior ETF Analyst Eric Balchunas. This achievement underscores the growing demand for Bitcoin investment products and highlights the increasing acceptance of Bitcoin within traditional finance. MILESTONE $IBIT has traded $1b worth of […]
An artificial intelligence altcoin project is rallying after the top US crypto exchange Coinbase announced a possible future listing of the token. In a new announcement, Coinbase says it is adding Akash Network (AKT) to its “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets. As the news broke […]
Polkadot DOT registered some losses this week but has recovered slightly after locating a minor support. It has been showing signs of strength since yesterday following a substantial 2% gain. DOT cooled off buying a bit this week after witnessing a consecutive increase to a monthly high of $8.14 on Monday. This led to a […]
Bitcoin (BTC) has surged above $56K, an all-time high achieved almost three years ago on February 20, 2021. The last time BTC was at these levels was in November of the same year. Monday 26th has been one of the most intense days for the crypto industry, with the two leading assets, BTC and ETH, […]
PRESS RELEASE. Kinetex is excited to introduce BTCX, a Bitcoin ZK light client built with Succinct Labs. Developed using Succinct’s plonky2x framework and deployed seamlessly through its unified proving stack, BTCX enables EVM-compatible networks to verify the Bitcoin state directly without any centralized actors in between. The creation of this solution is the first step […]
TL;DR The DEA-HBAR Foundation association sparks controversy by supporting CBDCs, contrary to the decentralization of cryptocurrencies. The alliance calls into question Hedera’s commitment to true decentralization, despite its technological advancement. Although touted as digital progress, the adoption of CBDCs raises serious concerns about financial autonomy and individual privacy. The recent partnership between the Digital Euro […]
TL;DR Digital Asset Investments see a $598M inflow: Bitcoin dominates with $570M, while Ethereum, Chainlink, and Ripple also attract funds. Solana suffers outflow due to network issues. U.S. leads the crypto investment boom, while other regions lag behind: U.S. sees a net inflow of $610M, but Grayscale faces a further outflow of $436M. Brazil and […]
First cryptocurrency could not break local resistance level, but there is no reason to worry
In this interview, we speak with Elitsa Taskova, the Chief Product Officer at Nexo. We'll discuss various aspects of cryptocurrency taxation, …
PANDORA, the first token to use the Ethereum ERC-404 token standard, is on the move after slowing down for a few weeks. The token’s price saw a significant surge over the weekend, rising around 50% to clear $24,000 once more. This recovery was triggered by a number of factors, so here they are. Whales Set […]