A crypto analyst has made a bold prediction about Bitcoin, anticipating that the pioneer cryptocurrency could surge to $650,000 as the Spot Bitcoin ETF market continues to grow.  BTC’s Next Price Target Expected At $650,000 In an X (formerly Twitter) post published on Monday, Willy Woo, a popular analyst and crypto expert with over 1 […]

Despite the recent turmoil in the cryptocurrency market, Pendle stands out as a beacon of resilience, boasting a remarkable 22% gain today and showcasing bullish behavior across all timeframes. Amidst the surge in price, Wallet 0x01f, believed to belong to a seasoned investor, has sprung back to life after nearly a year of dormancy. The […]

The bull market euphoria appears to have come to a screeching halt as the crypto market correction continues and digital assets keep dumping. On April 16, prominent market analyst “Cold Blooded Shiller” told his 269,000 followers on X that Bitcoin is “still the cloud that hangs over crypto.” BTC has retreated 15% from its March […]

The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast, payments with national digital assets will be launched without similar precautions. Bank of […]

Cardano currently ranks as 10th largest cryptocurrency by market capitalization

Crypto investors in Germany, Austria and Switzerland are devoting large portions of their overall portfolios to digital assets, according to a new study conducted by Big Four accounting firm KPMG. KPMG partnered with the German-language crypto media platform BTC-ECHO to poll 2,400 private digital asset investors across those three European countries, which are collectively known […]

A Bitcoin wallet dormant since 2010 has suddenly become active, transferring 50 BTC, currently worth around US$3 million, to Coinbase. The transfer likely means the owner intends to sell their Bitcoin in the near future, possibly signalling a coming increase in seller activity. A Bitcoin wallet that’s been inactive since 2010 has woken up and […]

Willy Woo forecasts a potential Bitcoin peak of US$650k, though not in this cycle, citing ongoing capital deployment constraints. Asset managers advised to allocate 2% to Bitcoin could drive its market cap beyond gold’s, depending on ETF participation. Bitcoin’s growth to US$650k hinges on full investment from ETFs and the recommended US$2 trillion allocation by […]

Ahmed exploited a vulnerability in a decentralized cryptocurrency exchange's smart contract by injecting fabricated pricing data, which.

Cryptocurrency exchanges have only nine months’ worth of Bitcoin supply at current prices, with three days left to Bitcoin halving. According to the latest analysis by Bybit, with just 2 million Bitcoins remaining and a daily inflow of $500 million to spot Bitcoin ETFs, approximately 7,142 Bitcoins will exit exchange reserves daily. Bitcoin Supply Hits […]

According to the on-chain analysis platform Lookonchian, a long-dormant Bitcoin (BTC) wallet dating back to April 2010, recently transferred 50 BTC, equivalent to $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives As reported by Lookonchian, 50 BTC mined over 14 years ago, when each block reward was 50 BTC, was divided into two […]

Most investors who bought memecoins Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) continue to stay in profit despite a correction sweeping the crypto market, according to analytics firm IntoTheBlock. Following Bitcoin’s (BTC) correction from $72,750 to a low of $61,079 last week, data from IntoTheBlock shows that 85% of DOGE holders are still in […]

Amidst broader market fluctuations, Ethena has surged by 10% today, offering a glimmer of optimism despite a 9% loss on the weekly chart. Spotonchain data reveals notable activity from Whale 0x886, who recently executed significant transactions involving ENA (Ethena’s native token).  The whale withdrew 6.954 million ENA ($7.99 million) from Binance at an average price […]

Bitcoin recovered a lot of ground yesterday and spiked to $67,000, but the landscape has changed once again in a bearish manner, and the asset plummeted hard today. Most altcoins have followed suit with massive price declines, led by SOL, TON, BCH, and others. Bitcoin’s Struggles Continue It’s safe to say that the past few […]

As the halving is set to occur between April 19-20, 2024, a substantial number of crypto enthusiasts are eagerly preparing for the Runes protocol. The concept of Runes was developed by the creator of Ordinals, Casey Rodarmor, and has been met with considerable enthusiasm since its announcement in September 2023. The following is a comprehensive […]

Cardano (ADA) strengthens its position on cryptocurrency market, adding over $1.7 billion to its market capitalization

TL;DR Tether announces a new non-custodial tokenization platform for total control of digital assets. It will focus on providing maximum security and compatibility with multiple blockchains. Tether will incorporate a tokenization tool for futures, options, and commodities. Tether, the issuer of USDT, has announced the launch of a non-custodial tokenization platform designed to offer users […]

TL;DR OKX, a leading cryptocurrency exchange, has listed two new memecoins, WIF (DogWifHat) and MEW (Cat in a Dog’s World), for spot trading, expanding its offerings, and catering to the growing interest in memecoins. Both WIF and MEW are based on the Solana blockchain, known for its high speed and low transaction costs, and are rapidly expanding with daily […]

In the midst of an ever-evolving landscape of finance, one actor is making waves not just on screen, but in the world of cryptocurrency.

Even with Bitcoin prices facing pressure from sellers, Willy Woo, an on-chain analyst, thinks the coin will reach new highs thanks to the launch of new Bitcoin exchange-traded funds (ETFs). In a post on X, Woo said the coin could soar to as high as $91,000 in a bear bottom but soar to as high as […]

February’s Solana outage led to concerns about network maturity and diversity, spurring a significant update in April. The v1.17.31 update, tested and rolled out to all validators, introduces technical enhancements to prevent future congestion. Despite earlier issues, Solana earned ‘Best Blockchain of 2024’ for its high usage, speed, and low fees, underscored by the recent […]

Ex-Goldman Sachs executive Raoul Pal says two crypto ecosystems are in the race to be the next big layer-ones in the current digital asset market cycle. In a new interview on Bankless, Pal says he’s been looking for what’s going to be the “Solana (SOL)” of the next bull market, or which crypto asset is […]

Whales on the Solana (SOL) blockchain are gobbling up memecoin discounts following a marketwide correction over the weekend, according to on-chain data. Blockchain tracking firm Lookonchain spotted two Solana whales that went in to accumulate sloth-themed Slerf (SLERF), Pepe the Frog-themed Book of Meme (BOME) and President Joe Biden-inspired Jeo Boden (BODEN) from crypto exchanges […]

The Nigerian government’s crackdown on cryptocurrency exchanges, including its targeting of Binance, has prompted some cryptocurrency firms to reconsider plans to either enter or further invest in the West African nation. A founder of a cryptocurrency exchange stated that the crackdown on Binance raises questions about the fundamental rule of law necessary for any society […]

BlackRock’s iShares Bitcoin ETF (IBIT) likely to expand its big inflow streak

BlockDAG’s Anticipated Daily Inflows Leap from $1M to $5M Amid Cardano Rally and Polkadot’s Expansion BlockDAG is making waves in the cryptocurrency scene as its daily inflows surge from $1 million to an impressive $5 million, buoyed by the broader market dynamics, including a Cardano rally and the expansion within the Polkadot ecosystem. As we […]

[PRESS RELEASE – Manama, Bahrain, April 16th, 2024] By joining forces with Aleph Zero, stc Bahrain aims to leverage cutting-edge solutions to enhance privacy, security, and decentralization in the digital realm. stc Bahrain, a world-class digital enabler, has announced its partnership with Aleph Zero, a privacy-enhancing Layer 1 blockchain, as part of its Web3 Launchpad program. […]

Chief Tax Information Officer Jackson Hewitt said you must report cryptocurrency gains to the IRS. Author: ktvb.com.

In celebration of the historic fourth Bitcoin halving and to ring in a new epoch in sound money, Bitcoin Magazine and Kraken are pleased to present the Bitcoin Halving Livestream. This event will bring together prominent voices in the Bitcoin space including Barstool CEO Dave Portnoy, Strike CEO Jack Mallers, Bitcoin Magazine Institutional Lead Dylan […]

Bitcoin price started another decline from the $67,000 zone. BTC is showing bearish signs and might soon revisit the $61,000 support zone. Bitcoin failed to clear the $67,000 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was a break below a rising channel with support at $64,900 […]

The largest federal bank in Germany, Landesbank Baden-Wurttemberg, is planning to offer cryptocurrency custody services in the second half of 2024, according to a new report. According to Bloomberg, Landesbank Baden-Württemberg is announcing a new partnership with Bitpanda to offer crypto custody services to institutional clients in the second half of 2024. According to the report, […]

TL;DR Exploitation of security at Grand Base results in losses of $1.7 million. The community is urged to avoid interacting with the affected contract and withdraw liquidity. Grand Base is collaborating with blockchain partners and analysts to recover funds and freeze accounts from hackers. In the recent news about the Grand Base asset tokenization platform, […]