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Crypto analyst Egrag Crypto has revealed a bullish pattern that recently formed on the XRP price chart. The analyst also revealed how high the crypto token could rise once it makes this move to the upside. Inverted Hammer Forms On The Chart Egrag highlighted an Inverted hammer that had formed on XRP’s chart while noting […]
TL;DR Crypto whales are acquiring Bitcoin at a rate of $1 billion daily, similar to before the 2020 bull run. Spot ETFs in the U.S. have reached all-time highs in their Bitcoin holdings, driving institutional demand. There is a slowdown in the growth of Tether’s (USDT) market cap, which could affect crypto market liquidity. In […]
TL;DR Viral Launch & Growth: Notcoin gained attention with a Telegram-based game, reaching a market cap of nearly $500 million. Its unique click-to-mine feature and integration with the TON Network contribute to its popularity. Price Predictions: Various sources forecast Notcoin’s price from 2024 to 2030, with predictions showing potential growth. For instance, CoinCodex suggests a […]
California-based med-tech company Semler Scientific has announced purchasing an additional 247 BTC for an aggregate of $17 million in cash, inclusive of fees and expenses. As of June 6, 2024, Semler holds a total of 828 bitcoins, which were acquired for an aggregate of $57 million, inclusive of fees and expenses. Preps $150M Bitcoin Warchest […]
Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes. This addition marks 11 consecutive months of purchases, bringing the central bank’s year-to-date acquisitions to 38 tonnes and raising its overall official gold reserves to […]
President Donald Trump has made a calculated pivot to embrace Bitcoin and crypto, sensing a strategic advantage against incumbent Joe Biden in the 2024 election. While Biden has projected hostility toward Bitcoin, Trump directly appeals to the growing voter bloc of Bitcoin supporters. In recent months, Trump began accepting Bitcoin donations, became the first-ever U.S. […]
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the Nigerian government has turned its focus to platforms providing cryptocurrency services.
Binance is adding the token of a Solana (SOL)-powered decentralized artificial intelligence (AI) computing network to the roster of supported crypto assets on its Launchpool platform. In a statement, the world’s largest crypto exchange says that io.net (IO) will be the 55th crypto project on Binance Launchpool, which allows users to deposit their coins into […]
Artificial intelligence (AI)-based digital asset Worldcoin (WLD) is claiming that nearly nine out of ten users in Spain, a country that banned it earlier this year, support the altcoin’s return. In a new blog post, Worldcoin – an eye-scanning, privacy-focused project founded by OpenAI CEO Sam Altman – says it has conducted a study of […]
Charles Edwards has revealed key factors for strong Bitcoin price appreciation he expects to see within next few months
The big picture: Its reliance on cloud services to allow users to transfer it between devices will test true cryptocurrency believers, who have …
Celebrity memecoins have been the talk of the town for the past two weeks. A trend that resurged at the end of May quickly became one of the biggest narratives around the crypto community. The industry has seen controversies, rug pulls, and Vitalik Buterin’s thoughts on the celebrity token frenzy. In the phenomenon’s most recent […]
A handful of crypto assets have been witnessing “exploding” whale activity amid an uptick in digital asset prices this week, according to the analytics firm Santiment. Santiment notes on the social media platform X that the smart contract platform Cardano (ADA), the memecoin Shiba Inu (SHIB) and the Internet of Things (IoT) project Jasmy (JASMY) […]
Solana’s memecoin $BEER has experienced a remarkable surge, gaining 195% over the past seven days and pushing its market cap above $250 million. On-chain reports from Lookonchain attribute this meteoric rise to the aggressive buying behavior of a significant whale. This whale has spent 31,052 SOL ($5.2 million) to accumulate 29.25 billion $BEER tokens at […]
It’s meme coin season, alright! There are no two ways around it: meme coins are undoubtedly the main narrative on Solana, and it seems it’s just a matter of time before another celebrity jumps on board. After Iggy Azalea, it’s now Andrew Tate who has put the Solana community on its toes. Tate-inspired meme coins […]
Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme primarily targeted Spanish-speaking communities in the U.S., and Tacuri benefited significantly, amassing millions from his fraudulent activities. Scheduled for sentencing on Sept. 24, […]
In a recent interview with Bitcoin Magazine, Shinobi sat down with Willem Schroé from Botanix Labs to discuss the progress and vision behind Spiderchains, an innovative scaling solution soon to be released to the public. Despite the flurry of attention surrounding other layer solutions like BitVM and rollups, the team at Botanix has been steadily […]
The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning.
TL;DR The GameStop (GME) meme coin on the Solana blockchain soared 88.74% in a single day. Keith Gill, known as RoaringKitty, announced a live stream, boosting the value of several cryptocurrencies. The growth of the meme coin market on Solana has exceeded $10 billion in market capitalization. The recent announcement by Keith Gill, also known […]
TL;DR JPMorgan’s Analysis: Ethereum ETFs in the U.S. may see a lukewarm response compared to Bitcoin ETFs, which have drawn $15.3 billion. The lack of staking rewards and Ethereum’s smaller market value could limit excitement. Market Dynamics: The SEC’s openness to Ethereum ETFs brings hope despite Ethereum’s slower price rise compared to Bitcoin. JPMorgan predicts […]
Newcomer-friendly crypto platform Margex demonstrates textbook example of holistic service for cryptocurrency operations in 2024
A US regulator is banning a former Wells Fargo employee from the banking industry after she allegedly sold private customer information and triggered more than half a million dollars in fraudulent transactions. New filings from the U.S. Office of the Comptroller of the Currency (OCC) detail a consent order with ex-Wells Fargo employee Bathia Greene, […]
Investigators discovered a “shared narrative” that lured in victims, including Facebook advertisements for cryptocurrency investments featuring a …
As the overall sentiment in the crypto market veers towards bullishness, leading cryptos have regained their previously lost levels and ignited further interest in meme coins. Brett (BRETT) has emerged as the standout performer, experiencing a 400% gain in the past 30 days alone. Having launched just three months ago, BRETT now boasts a market […]
Robinhood has agreed to acquired the cryptocurrency exchange Bitstamp; the deal is expected to cost the trading app approximately US$200 million and be completed in Q1 of 2025 Robinhood says the acquisition will accelerate the global expansion of its crypto business, crypto has become an increasingly important source of income for the platform over the […]
The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the main refinancing operations, the marginal lending facility, and the deposit facility. President Christine Lagarde emphasized that future decisions regarding additional cuts will depend on market reactions and evolving data. European Central Bank Cuts Interest Rates […]
Traditionally considered an odd couple, Bitcoin has made intriguing forays into the crypto ecosystem over the past year. Cake Wallet’s decision to integrate Lightning is an unexpected yet exciting development that continues this trend of Bitcoin integration. In doing so, Cake aims to make Bitcoin more practical for everyday use for its users. In a […]
Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?
Bitcoin (BTC) peaked in March 2024, recording a new all-time high of about $73,000. Though the flagship asset has shed some of its value, dropping to the $69,000 level, Bitcoin (BTC) recently entered the significant 1.1 million BTC demand zone. Also, at the same time, another Bitcoin ETF token, ETFswap (ETFS), crossed the 200 million […]
Creditors of the bankrupt cryptocurrency exchange FTX have filed an objection to the platform’s proposed reorganization plan, citing its failure to meet certain requirements of the Bankruptcy Code. According to a tweet by FTX creditor activist Sunil Kavuri, the objection argues that the reorganization plan ignores property rights issues, does not satisfy the best interest […]
Analyst and trader Kevin Svenson is saying that Bitcoin (BTC) is flashing a bullish signal amid the flagship crypto asset’s double-digit bump over the past month. In a new video, Svenson tells his 78,400 YouTube subscribers that Bitcoin is on a parabolic trend and is close to a “point of going vertical.” “Bitcoin is near […]