As two of the most talked-about cryptocurrencies in early 2024, both Cardano (ADA) and Bitcoin Minetrix (BTCMTX) have made impressive progress. While ADA aims to reclaim the $1 mark after falling below it in mid-2022, Bitcoin Minetrix is looking to reach a funding milestone of $11 million – but which will occur first? Cardano Pumps […]
Shiba Inu’s Shibarium explodes onto scene with remarkable 621% surge in new accounts, coinciding with significant breakout in SHIB’s price
TL;DR Mass adoption of blockchain technology could save consumers billions in credit card fees. In 2022, American consumers could have collectively saved at least $74 billion in credit card transaction fees. More than 70% of those surveyed by Coinbase expressed a desire to see lower fees and faster, more accessible transactions. The widespread adoption of […]
In the dynamic cryptocurrency market, where fortunes can be made overnight, a new digital currency priced just at cents captured the attention of …
David Krueger, a crypto analyst on X, thinks Bitcoin (BTC) will tear higher, surging by 100% to 200% within five months, fueled primarily by fear of missing out (FOMO) once the coin breaks above $50,000. Will Bitcoin Break Above $50,000 And Rally To $100,000? Citing Tom Lee’s historical analysis, Krueger believes FOMO typically kicks in when Bitcoin […]
February 8, 2024 – Dubai, United Arab Emirates The Kinetex team is proud to announce an integration with 1inch. Despite the numerous DEXs (decentralized exchanges) that have emerged in the market, users still require assistance in locating the appropriate liquidity and the most effective trading routes for their crypto assets. This is unsurprising, as the […]
An appellate court in Montenegro is revoking the extradition of disgraced Terra (LUNA) founder Do Kwon to the US and has ordered a retrial. According to a new press release, an appeals court yesterday overturned the decision of the high court made late last year, which ruled that Kwon is to be extradited to both […]
Australian retiree Catherina De Solineux has described losing her life savings to HyperVerse, leaving her financially ruined and suicidal. A specialist UK-based law firm is looking to target the banks that allowed transfers to HyperVerse, in attempt to recover lost funds. Sam Lee, the Australian alleged co-founder of HyperVerse, has been seen shilling a new […]
Commercial Bank International PJSC (CBI) and Fuze, a digital asset infrastructure provider, have signed a Memorandum of Understanding to explore and develop digital asset solutions within the UAE’s comprehensive regulatory frameworks. According to a statement shared on Zawya, this partnership signals a pivotal step in addressing the rising demand for regulated cryptocurrency services. Exploring the […]
BlackRock and Fidelity’s spot Bitcoin exchange-traded funds have set a new record by amassing more assets in their first month of trading than any other ETF launched in the U.S. in the past 30 years. The development comes amid a new report from earlier this week that showed IBIT was among the top five of […]
Despite recent speculation about a whale dump, the price of Lido DAO (LDO) has defied expectations, experiencing a 2.92% increase to reach $2.87 over the past 24 hours, countering the downward trend of the previous week. Reports surfaced a few hours ago indicating that MakerDAO founder Rune Christensen (@RuneKek) withdrew 300,000 LDO tokens valued at […]
Shiba Inu’s price recovery targets 224 trillion SHIB level
South Korean authorities have reportedly convicted two top executives of the crypto exchange Bitsonic. According to local news agency Newsis, the Seoul Eastern District Court sentenced Bitsonic CEO Jinwook Shin to seven years in prison during his first trial on charges that accused him of defrauding users of the exchange. Shin is said to have […]
Known for his aggressive regulatory approach, Gensler's tenure has seen significant changes in financial oversight, particularly in the cryptocurrency …
In the past 14 days, the Bitcoin price has displayed a significant uptrend of 14.5%, signaling a resurgence in bullish sentiment. This rally comes as Bitcoin spot exchange-traded funds (ETFs) have been trading for nearly a month, with the market already factoring in this development. As a result, Bitcoin is back on its natural course, […]
TL;DR Cardano (ADA) is a blockchain platform that competes with Ethereum (ETH) and has seen a 54% increase in trading volumes in the last 24 hours. ADA’s price has been fluctuating since late 2023, reaching a high of $0.66 and a low of $0.50, and is currently facing a major resistance at $0.53. Crypto analyst Ali […]
Bitcoin partially recovered from its earlier crash, reaching USD $45k following intense speculation and activity around Spot Bitcoin ETF applications and their subsequent approval. With the Bitcoin halving event approaching in 10,411 blocks speculation is high on whether we’ll see a sustained rally or a significant crash, amidst predictions of a pre-halving rally. The upcoming […]
A widely followed crypto analyst says altcoin markets are set to break out. Pseudonymous crypto trader Rekt Capital tells his 396,000 followers on the social media platform X that the altcoin market cap is about to blow. “Altcoin market cap is on the cusp of a historic breakout” Source: Rekt Capital/X According to the trader, Ethereum’s (ETH) […]
Analysts at Wall Street brokerage giant Bernstein reportedly think that Bitcoin (BTC) will surge into the $70,000 range by the end of the year. According to a new report by StreetInsider, analysts Gautam Chhugani and Mahika Sapra say in a new research note that the impact of the recently approved spot BTC exchange-traded funds (ETFs) […]
[PRESS RELEASE – Hong Kong, China, February 8th, 2024] KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators – whether app developers, model makers or data owners – […]
Litecoin has shown little strength following the latest surge in Bitcoin’s price but it is still finding it difficult to push above its two-week high. An increase above $80 should bring the coin out of its short-term bearish phase. After rolling back to its local bottom in January, Litecoin saw a quick rejection and recovered […]
Cardano (ADA) brandishes bullish indicator with price target of $0.68
… cryptocurrency, HYDRO. According to court documents and evidence … cryptocurrency exchange in the United States by flooding the market with fake …
Going into the future of Bitcoin adoption and development there is one issue of software interacting that is coming to the forefront of roadblocks developers must deal with: compatibility. As applications and protocols in this space become more complex and featureful in order to meet the needs of actual users and use cases, this presents […]
Solana-based decentralized exchange (DEX) aggregator Jupiter recently announced the possible launch of three new tokens through its launchpad. The announcement follows the launch of its JUP native token via the LFG launchpad last week. Solana’s Community Holds The Power? After the scheduled closing of the JUP launch pool, Jupiter Exchange and its founder took X […]
In a bid to accelerate the adoption of PayPal USD (PYUSD), a USD-backed stablecoin issued by Paxos, Chainlink has introduced PYUSD Chainlink Price Feed on Ethereum. This integration aims to provide market data for PYUSD on the blockchain, promoting its adoption for on-chain transactions. PYUSD, an open and programmable stablecoin backed by dollar deposits, US […]
A prominent US-based crypto exchange platform is venturing into Europe’s fifth-largest economy after acquiring the proper registration. In a new press release, crypto trading platform Kraken announced that it has obtained VASP (Virtual Asset Service Provider) registration from the Dutch Central Bank (DCB), allowing it to expand its services into the Netherlands. VASP licenses give crypto […]
A single crypto whale has gobbled up nearly $53 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) since December 21st, according to the blockchain tracker Lookonchain. Lookonchain notes that the whale spent 20 million of the stablecoin USDC earlier this week to buy $10 million worth of ETH and $10 million worth of WBTC. […]
TL;DR ARK 21Shares modifies its Ethereum ETF application to seek greater institutional acceptance of cryptocurrencies. The introduction of a cash-creation and redemption model in the Ethereum ETF application aims to align with established regulations and enhance the ETF’s tracking ability. Ether staking through third-party trust providers is another significant addition to the ETF application, offering […]
Do Kwon’s extradition to South Korea, ordered in December 2023, has been overturned. Both South Korea and the United States had requested Kwon’s extradition for fraud charges related to TerraUSD’s collapse. The Montenegrin court found “significant violations” in how the extradition requests were handled. Less than a month ago, the jig was up for Do […]
Bitcoin mining company Hut 8 has announced a leadership transition roughly three weeks after an activist short-selling firm published a report containing allegations against the miner’s management practices and finances. According to an official release, former CEO Jaime Leverton will be immediately succeeded by Asher Genoot, who has served as Hut 8’s president since November […]
Astonishing amount of Ethereum deposited to major cryptocurrency exchanges within last 24 hours