The cryptocurrency market is currently buzzing with excitement as investors gravitate toward three promising coins: AVAX, BONK, and Algotech. This sudden surge in interest has ignited speculation of a new bull run, with many anticipating that these coins could emerge as significant players in the market. AVAX, the native token of the Avalanche blockchain, has […]

Metaplanet, a publicly-listed Japanese company providing hotel-related and other services, has announced the purchase of ¥1 billion (approximately $6.25 million) worth of Bitcoin.  NEW: 🇯🇵 Japanese Public Company Metaplanet just bought $6.25 million worth of #Bitcoin Game theory has started playing out 🚀 pic.twitter.com/EJ19mcO9QF — Bitcoin Magazine (@BitcoinMagazine) April 26, 2024 The company, which is […]

The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows recorded on April 26. This poor run has had far-reaching effects on the broader crypto market as Bitcoin’s price has succumbed to unfavorable market conditions.  Spot Bitcoin ETFS Record $217 Million […]

Co-founder of BitMEX, Arthur Hayes, has recommended a “left curve” strategy, where investors don’t overthink things in the lead up to the US election later this year Hayes said that no matter who wins the election there will likely be a period of aggressive money printing to fund election promises without raising taxes, creating macro […]

Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the Connect developer conference, is aimed at improving customer flexibility by offering a more stable and better user experience with […]

How long may decline of XRP last?

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a memecoin that has gone up more than twenty-fold since early March. The trader pseudonymous known as Crypto Dog tells his 775,500 followers on the social media platform X that the memecoin Jeo Boden (BODEN) is on the cusp of breaking out after […]

A closely followed crypto strategist is turning very bullish on memecoins in the current market cycle. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that retail traders could send memecoins soaring. “Highly bullish on memes this cycle though for a lot of reasons. New retail wants to get rich […]

The market continues to chop, clearly unable to pick a definitive direction throughout the past seven days. The total capitalization currently stands at around $2.5 trillion, more or less where it was during the same time last week. However, there’s been substantial volatility, sending many leveraged traders into liquidations. Let’s have a look. Starting with […]

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Bitcoin and crypto may still have a friend in U.S. treasury secretary Janet Yellen if liquidity comes roaring back to the economy next week, says Arthur Hayes.

TL;DR Centralized exchanges experienced unprecedented growth in the first quarter of the year, surpassing $4 trillion in transactions, according to CoinGecko. Binance stood out with exceptional performance, recording a trading volume of $1.1 trillion in March, marking a 131% increase from the previous month. Smaller platforms in offshore markets, such as OKX, Bullish, MEXC, and […]

BlockDAG Leads 2024’s Top Cryptos with Massive ROI Potential, Surpassing Giants like BTC, ETH, and Others Since Bitcoin’s inception, the cryptocurrency landscape has grown significantly. Ethereum quickly became a pioneering force alongside Bitcoin, paving the way for various new cryptocurrencies like BlockDAG.  This evolving ecosystem has continuously introduced unique investment opportunities through the emergence of […]

Yesterday, the US Department of Justice (DOJ) charged Keonne Rodriguez and William Lonergan Hill, co-founders of Samourai Wallet, a privacy-focused bitcoin wallet that also serves as a mixer, with money laundering and operating an unlicensed money transmitting business. Many, including activists and human rights defenders, spoke out about the significance of this legal action soon […]

Bitcoin price failed to recover above the $65,500 resistance. BTC is again moving lower and there is a risk of more downsides below $63,000. Bitcoin started another decline after it failed to surpass the $65,500 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There is a connecting bearish […]

A Solana-based (SOL) meme asset has nearly doubled up just days after its community overwhelmingly passed a resolution to burn its supply. In a new announcement on the social media platform X, the decentralized autonomous organization (DAO) for memecoin Bonk (BONK) says it has voted to reduce the token’s supply by billions. “The BONK DAO […]

Solana (SOL) decentralized exchange (DEX) aggregator Jupiter has just acquired the decentralized finance (DeFi) wallet Ultimate Wallet amid plans to launch a zero-fee mobile trading platform in May. In a series of posts on social media platform X, Jupiter says the acquisition is part of a strategy to get more people into crypto. The plan […]

The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling and monitoring Virtual Asset Service Providers (VASPs). FATF Grey Listing Threat The Kenyan […]

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HBAR’s price skyrocketed by 105% due to misconceptions that BlackRock was involved in a tokenisation project with Hedera. The actual tokenisation of BlackRock’s US Treasury money market fund was conducted by Archax in partnership with Hedera, leading to initial investor confusion. Despite a subsequent 36% drop after clarifications, HBAR’s price remains 32% higher, fuelled by […]

Crypto industry experts believe Ethereum (ETH) spot ETFs will likely be denied approval for public trading by regulators next month. A denial would likely mean U.S. investors receive no product of the sort until December 2024 at the earliest, putting the digital currency well behind Bitcoin (BTC) in terms of adoption by Wall Street. Why […]

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Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material.

As Bitcoin (BTC) cools down from its latest rally, one widely followed crypto analyst says the king crypto’s dominance has peaked… for now. Crypto trader Michaël van de Poppe tells his 713,900 followers on the social media platform X that his BTC market dominance charts indicate that altcoins may soon be on the rise. “To me, the […]

New crypto whales are buying up Bitcoin (BTC) at a faster rate than longer-term holders, according to the chief executive of the blockchain analytics platform CryptoQuant. Ki Young Ju tells his 343,900 followers on the social media platform X that the new whales’ initial investment in Bitcoin is almost twice the old whales’ cumulative total. […]

TL;DR ViaBTC mined and sold the first satoshi after Bitcoin’s latest halving, causing a sensation in the community. The Ordinals protocol allows for the identification and trading of individual sats, classifying them into different categories of rarity and therefore, value. The auction of the “epic satoshi” took place on CoinEx and reached a price of […]

As the digital currency space expands, navigating the vast array of cryptocurrencies can be overwhelming. From well-known names like Bitcoin and Ethereum to emerging players like BlockDAG, the landscape is diverse. This guide delves into the top 10 cryptocurrencies for April 2024, highlighting their unique attributes and functionalities. What Are the Different Types of Cryptocurrency? […]

Beck & Bulow, a nationally acclaimed meat and seafood company based in Santa Fe, New Mexico, has announced its decision to accept Bitcoin as payment online and in-store, as well as include it in their employee 401k program. The company has also committed to holding Bitcoin and revenue generated in Bitcoin in its reserves indefinitely. […]

On-chain analytics firm Spot On Chain’s team of analysts, using Google Cloud’s Vertex artificial intelligence (AI), has conducted an in-depth analysis to forecast the future price of Bitcoin (BTC).  Their latest report provides valuable insights into the leading cryptocurrency’s short-, medium-, and long-term outlook. Bitcoin Price Forecasts According to Spot On Chain’s report, Bitcoin prices […]

Amid the excitement of Bitcoin’s new Runes protocol, Blackrock’s exchange-traded fund (ETF) wallets now contain over $20,000 worth of RSIC•GENESIS•RUNE tokens. Blackrock’s IBIT Benefits From Airdropped Runes Tokens On Thursday, Arkham, an onchain intelligence firm, revealed on social media platform X that two of Blackrock‘s IBIT bitcoin addresses possess tokens based on the Runes protocol. […]

Shiba Inu (SHIB) inching closer to 10th spot in crypto rankings

Consensys, a United States-based blockchain firm, has sued the Securities and Exchange Commission (SEC) to push the regulator away from regulating the Ethereum blockchain. Filed yesterday (Thursday), the lawsuit also termed the efforts of the regulator a “campaign to seize control over the future of cryptocurrency.” A Strategic Lawsuit The lawsuit further argued that if […]