Crypto analyst Benjamin Cowen says that he’s expecting Ethereum (ETH) to correct sharply to below the $1,000 level. In a new strategy session, Cowen tells his 790,000 YouTube subscribers that historically, ETH often “tests the integrity” of its major cycle lows at least twice before moving into a new bull phase. The analyst points out […]
Illustration by Mitchell Preffer for Decrypt The Bitcoin spot ETF hangover has dissipated, and the tall, frothy mug of Ethereum spot ETF buzz is still being poured, leaving a lot of space at the crypto bar for talking, arguing, and the occasional brawl. We were probably overdue for an Elon Musk-related pump, and the eccentric […]
The recent correction saw Kusama, KSM through a 50% drop near $33.5 this week, marking its lowest price level in a month. Following a sharp rejection, it bounced slightly and held the weekly low as temporal support. Following last week’s drop from around $40, KSM crossed over into this week’s bearish and slipped to a […]
A vast majority of European residents have expressed optimism and confidence about the future of the cryptocurrency sector. According to a Binance Survey targeting users in France, Italy, Spain, and Sweden, around 73% of respondents are positive about the future of digital assets. A Trend of Optimism The world’s largest crypto exchange surveyed 10,498 individuals […]
[toc] The Cardano Network is a decentralized proof-of-stake blockchain platform with smart contract support and uses its own native token ADA, just like the Ethereum blockchain. Cardano is often described as the Ethereum killer. However, Cardano also considers itself the updated version of Ethereum, which is currently the king of all altcoins, including ADA. Cardano […]
A closely followed crypto analyst warns that Ethereum will likely continue to underperform Bitcoin (BTC) despite the growing hype surrounding the potential approval of spot market ETH exchange-traded funds (ETFs). Pseudonymous analyst Rager tells his 199,400 followers on the social media platform X that he’s keeping a close watch on the Ethereum versus Bitcoin (ETH/BTC) chart. […]
John Bollinger hinted he expecting current Bitcoin sell-off to end soon enough
The cryptocurrency market is in a constant state of change. As technology and innovation in the sector advance, new use cases are being developed.
Bitcoin Cash, BCH recently bounced back from a dip with almost 10% gains in the last five days. While it continued to accumulate by the day, the price is brewing for a big move on the higher timeframe. Since the price picked up from $166 last August, Bitcoin Cash has been finding it difficult to […]
The United States Financial Industry Regulatory Authority (FINRA) has revealed that about 70% of retail communications concerning cryptocurrencies violate its rule of misleading claims. According to an official report, FINRA identified communications that failed to provide sound bases for evaluating digital assets by excluding explanations of how they are issued, held, transferred, and sold. Misleading […]
The tides seem to be turning in favor of the Bitcoin price, as the market leader has reclaimed the $42,000 level for the second time in as many days. According to data from CoinGecko, the premier cryptocurrency has managed to register a 1.1% profit on the weekly timeframe. While Bitcoin appears to be garnering positive […]
Estonia reportedly decided on Thursday to hand over to the United States two of its citizens for their alleged involvement in a $575 million cryptocurrency fraud and money laundering scheme. In November, the U.S. Department of Justice (DOJ) announced the arrest of Sergei Potapenko and Ivan Turõgin in Estonia in connection to an 18-count indictment […]
The Chair of the Commodity Futures Trading Commission (CFTC) says he is increasingly concerned about the growing accessibility of Bitcoin (BTC) and that new federal laws are needed to regulate its market. In a speech in Naples, CTFC Chair Rostin Behnam says that he’s worried the recent approval of spot market BTC exchange-traded funds (ETFs) […]
Excitement surrounding Bitcoin ETF has sparked discussions about approval of similar vehicles for other major cryptocurrencies
Pseudonymous cryptocurrency analyst Johnny predicts a rally, with DOGE potentially hitting $0.10. The buzz around the X Payments account has fueled …
Funds stolen by hackers from cryptocurrency platforms fell by over 50% in 2023 compared to the previous year. However, the number of individual hacking incidents rose, indicating that hacking remains a significant threat for crypto investors. Crypto Hacking Losses Fall Over 50% in 2023 but Threat Remains In 2022, hackers stole a record $3.7 billion […]
It’s only been a month into 2024, and Bitcoin has already experienced a whirlwind of activity. These events range from the SEC’s approval of spot Bitcoin ETFs to the cryptocurrency’s price underperforming with a decrease over the past month and selloffs from the Grayscale BTC Trust. Amidst all these, on-chain data has revealed an interesting […]
The AltLayer token, ALT has been on a remarkable upward trajectory since its launch as the 45th project on Binance Launchpool. Over the past 24 hours, the token has witnessed a 9% increase in price, accompanied by a substantial 23% gain over the past week. However, it’s worth noting that the token’s 24-hour trading volume […]
TL;DR Some important elements indicate a potential upswing for Shiba Inu in the short term. Developments in SHIB’s layer-2 blockchain solution and a resurgence of the meme coin sector could support this rally. Is it Time for a SHIB Rally? Shiba Inu (SHIB), similar to many other cryptocurrencies, has underperformed in the past several days, […]
Dive into the potential game-changer for the cryptocurrency market – Bitcoin ETFs. Uncover the dynamics, benefits, and challenges associated with …
Skybridge Capital founder Anthony Scaramucci believes that Bitcoin (BTC) could witness a “conservative” rally of over 300% in the coming months. In a new interview with crypto influencer Scott Melker, the hedge fund veteran says that it would not be out of the ordinary for BTC to skyrocket to $170,000 after its upcoming halving in […]
One of world’s biggest exchanges is halting mining operations
The foundational infrastructure of the Base Network brings about yet another Ethereum Layer 2 network, distinguished by its scalability and empowerment through the notable association with Coinbase. Coinbase is recognized globally as one of the most trusted cryptocurrency exchanges and companies, Coinbase effectively manages a diverse portfolio of crypto assets, solidifying its status as a […]
MakerDAO ($MKR), known for its significant contribution to real-world asset (RWA) transactions within decentralized finance (DeFi), has experienced a slight price decline in recent hours, influenced by on-chain activity and protocol adjustments. According to reports from on-chain analytics firm Spotonchain, Wallet 0xa58, associated with RuneKek, a MakerDAO co-founder, has sold 2,235 $MKR for 4.542M $DAI […]
TL;DR Analysts predict a potential rally for Ripple’s XRP, with forecasts ranging from $1.40 to over $10. Dark Defender suggests the coin is already on a bullish trend, with predictions of reaching up to $22.50 in the coming months. Crossing the $1 Mark This Year? Despite being on a downfall in the past few months, […]
Almost exactly two years ago, the Indian cryptocurrency market braced for a freezing winter, after the government announced a one% TDS and 30% …
Digital asset manager Grayscale has deposited billions of dollars worth of Bitcoin to crypto exchange Coinbase since the approval of spot BTC exchange-traded funds (ETFs), on-chain data shows. Blockchain tracking firm Lookonchain says that on Friday, Grayscale deposited $410.9 million in BTC to Coinbase Prime, the crypto exchange’s platform that caters to institutional clients. The […]
New data from crypto analytics firm Santiment finds that the number of wallets holding XRP – the digital asset used to operate Ripple Labs’ payments platform – has exploded to new all-time highs. The market intelligence platform says on the social media platform X that the number of wallets holding non-zero XRP is now at […]
Bulls prepare to take on next big level for SHIB price
Following Bitcoin’s spot exchange-traded fund (ETF) approval on January 11, market speculation has grown around the possibility of similar investment vehicles for major cryptocurrencies, including a spot XRP ETF. However, certain requirements and regulatory considerations must be met before such a development can occur. Regulatory Prerequisites For Spot XRP ETF FOX reporter Eleanor Terret clarifies […]
A Wells Fargo customer says the banking giant should have raised a red flag when $147,000 was drained from her account in less than an hour. Judith Anderson says she recently received a call from a number that appeared as “Wells Fargo” on her phone, reports NBC San Diego. But the number was spoofed and […]
BlackRock’s new iShares spot Bitcoin (BTC) exchange-traded fund (ETF) has surged past $2 billion in assets under management (AUM). The iShares Bitcoin Trust (IBIT) now holds 49,952.3257 BTC, according to the ETF’s product page. With BTC trading at $41,867 at time of writing, the ETF’s total Bitcoin holdings are now worth more than $2.08 billion. […]