Former President, and current Republican candidate, Donald Trump has sought to position himself as the “crypto president” for his 2024 election campaign. Trump dubbed himself an industry champion at a San Francisco fundraiser attended by prominent tech and crypto leaders, raising $12 million for his campaign. Famous braggart, convicted felon, former US President and current […]
RektCapital observed Bitcoin converting a major resistance area into a new robust support level, marking a significant technical achievement. Bitcoin has formed a Re-accumulation Range resembling a Bull Flag pattern, indicating potential for continued upward price movement. Despite a mixed US employment report and strong dollar potential, upcoming CPI data could propel Bitcoin to new […]
Polkadot DOT faced resistance this week and posted a double-digit loss following a crackdown across the crypto space. This brought the price back to last month’s low, invalidating its recent bullish build-up. DOT halted its bullish continuation this week after failing to sustain buying above the $7.3 level, which is now held as resistance on […]
The cryptocurrency market has been on a remarkable rise since the beginning of 2024, fueled by several factors such as the approval of a spot Bitcoin ETF by the SEC, Bitcoin halving that happened recently in April, the increased institutional interest and demand, and the innovation and adoption of various blockchain projects and platforms. The […]
Bitcoin’s dull price actions over the weekend were briefly interrupted with a minor increase toward $70,000 but the asset was stopped in its tracks and has returned to a familiar ground. Most altcoins are also quite sluggish today, aside from BNB, NEAR, FIL, FET, and a few others, which have recorded notable price drops. BTC […]
Seven out of 10 cryptocurrency exchanges in Korea fail to return investors' money when they shut down or suspend operations, according to …
The decentralized social network Friend.tech has unveiled plans to move from Coinbase’s Layer 2 blockchain Base to its proprietary network, Friendchain. This development will come as part of the platform’s collaboration with Conduit, a crypto infrastructure service provider. When Will The New Friend.tech Blockchain Launch? In a June 8th post on X, web3 social platform […]
Known lifestyle influencer and former kickboxer Andrew Tate has burned TOPG tokens valued at over $10 million after announcing it on social media. Tate received over 580 million TOPG tokens as a donation from an unnamed party, and announced that he would burn it so “everyone else makes money.” After burning the tokens, Tate celebrated […]
The cross-chain bridge was exploited for $82 million over New Year’s Eve, with the funds sitting dormant since Jan. 1.
Bloomberg ETF analyst, James Seyffart, says he believes the SEC’s decision to approve the Ethereum ETFs was politically motivated and lacked transparency. The analyst says the SEC intentionally used a decision making process called delegated authority in an attempt to limit public knowledge of the decision-making process. Seyffart called on members of the public to […]
Despite high hopes, the US has yet to cut interest rates in 2024, while Canada and the EU have already initiated reductions. Arthur Hayes views the pre-emptive rate cuts by the ECB and Canada as a signal for a quicker global shift towards more accommodative monetary policies. Hayes advocates for investing in Bitcoin and high-conviction […]
Tech billionaire Elon Musk has stirred crypto community’s excitement with his new tweet, particularly of DOGE and XRP fans
Rencom Network ($RNT) made waves today as its value skyrocketed by an astonishing 200%, reclaiming a market cap exceeding $1 million. This surge in value caught the attention of investors and traders alike, highlighting the potential for significant gains within the crypto market. According to data from Lookonchain, a trader ventured into the world of […]
Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the …
The Chainlink (LINK) market is abuzz with chatter after a popular cryptocurrency analyst issued a bearish forecast. In a recent analysis, CryptoWzrd predicted a continued downward trend for LINK in the coming days, but also hinted at a potential “scalping” opportunity for nimble traders. Scalping refers to a high-frequency trading strategy where investors capitalize on […]
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months.
Bitcoin’s price has been having difficulty approaching its all-time high of $75K and is still consolidating. On Friday, the cryptocurrency tanked below $70K, and if the current level supporting the price breaks down, an even deeper correction could be expected. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been […]
The African Development Bank (ADB) and Intel have announced a significant partnership to train three million Africans and 30,000 government officials in advanced artificial intelligence (AI) skills. According to the ADB, this training is expected to revolutionize the African digital ecosystem and contribute to economic growth. The program will tackle socio-economic challenges and enhance productivity […]
The Attorney General of New York is suing two crypto firms for their alleged role in a $1 billion pyramid scheme. In a new press release, New York AG Letitia James announces a lawsuit against crypto exchange NovaTech and crypto mining company AWS Mining for allegedly defrauding hundreds of thousands of customers, 11,000 of which […]
Will ‘sleeping giant’ rally in June?
Before the June 7 price decline, Bitcoin’s volatility over the previous 15 days was within “the bottom 6% of occurrences.”
A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages.
Daily active addresses on the Litecoin blockchain have seen a drastic uptick despite days of uninteresting price action. The substantial rise in active Litecoin addresses and overall interest suggests a price rally could be on the horizon. Litecoin’s price movement has generally been left behind in the past month, with the cryptocurrency struggling to retain […]
A significant player in the crypto market recently made waves by opening a sizable position in $ENA, acquiring 5.11 million tokens at an average price of $0.9804 just three days ago. However, in a surprising move, this whale or institution swiftly recharged all tokens to Binance a mere eight hours ago, with a total value […]
Following weeks of consolidation, Ripple’s price is finally showing signs of beginning a significant move. However, this is not good news, as the anticipated move seems to be bearish. By TradingRage The USDT Paired Chart Against USDT, XRP has been consolidating inside a symmetrical triangle pattern over the last couple of months since dropping below […]
A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages. Stakeholders can prevent these activities from becoming widespread through timely and measured responses. Data from the same study indicate a surge in tokens featuring AI-related keywords such as GPT, Openai and Bard. Approximately 4,500 […]
New data from market intelligence firm DappRadar reveals that the total value locked (TVL) within the decentralized finance (DeFi) sector has skyrocketed to the highest level in 15 months. In a new blog post, DappRadar notes that DeFi’s TVL has reached $192 billion, a 17% rise from the previous month and the best it has […]
Initially introduced in March, the proposal was approved on June 7, with over 75% of votes in favor.
… cryptocurrency. The increase in both small and large transactions … cryptocurrency market. The data underscores a shift in user behavior …
Toncoin (TON) has been one of the best-performing crypto assets in recent times, gaining by over 221% since the start of 2024. The Telegram-integrated token has particularly caught the attention of many investors, after securing a spot in the top 10 cryptocurrencies according to market cap. However, amidst TON’s purple patch, a certain technical indicator […]