Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks. Cryptoquant highlighted a peak in daily sales to over-the-counter (OTC) trading desks, a figure unmatched since the summer of 2023. Record Sales to OTC Desks Mark Bitcoin Miners’ […]
Tech mogul Musk triggers excitement from the crypto community with recent AI post
Bitcoin (BTC) is flashing a bullish signal based on one historical factor, according to market intelligence platform Santiment. In a new thread, the crypto analytics firm says that it appears as if the top crypto asset by market cap is losing momentum after skyrocketing nearly 150% since October. However, Santiment notes that historically, the more […]
If you haven't been keeping tabs on the cryptocurrency market, you might be shocked to see many coins trading at or near all-time highs. After a …
Closely followed crypto analyst Jamie Coutts says one indicator with a history of calling Bitcoin Q2-Q3 rallies is potentially about to flash green for BTC. Coutts tells his followers on the social media platform X that the dollar index (DXY), which measures the strength of the US dollar against a weighted basket of other major […]
The Solana network is currently grappling with an unprecedented level of congestion, resulting in a surge in transaction failures. This surge in failed transactions coincides with a significant increase in network activity, largely driven by the recent frenzy surrounding platform memecoins. This surge has caused Solana’s transaction volume and unique user count to skyrocket. According […]
In the first quarter of 2024, Solana became the clear leader thanks to a notable increase in the amount of Decentralized Exchange (DEX) and Decentralized Finance (DeFi). In addition to its remarkable rise in DEX and DeFi sectors, Solana’s dominance was further solidified by its scalability, low transaction fees, and robust infrastructure. The massive increase […]
Decentralized applications (dApps) saw a rise of 77% in activity in the first quarter of 2024 and a 7 million total daily active user wallet count. This growth comes as Bitcoin hit an all-time high in Q1 2024, reaching above $73,000. DApp Activity Resurges According to DappRadar, the recent increase in new users shows a […]
Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041 bitcoin, aimed at reimbursing its clientele. Genesis Liquidates Grayscale GBTC Holdings According to Bloomberg Law, court filings dated April 2 reveal that Genesis liquidated approximately […]
Citadel, Goldman and UBS are no longer shying away from being publicly associated with Bitcoin, accordion to ETF analyst Eric Balchunas
If you haven't been keeping tabs on the cryptocurrency market, you might be shocked to see many coins trading at or near all-time highs.
A Coinbase executive says the United States is lagging behind other major nations when it comes to adopting clearer regulations on cryptocurrencies. In a new interview with Yahoo Finance, Faryar Shirzad, chief policy officer for the top US crypto exchange, says the majority of the Group of Twenty (G20) members are way ahead of the […]
BlockDAG Dominates With Over $13.2M Presale and Innovative Technology, Amid VeChain’s Rise and Poodl Inu’s Presale Buzz Amid the crypto market’s vibrant activity, VeChain (VET) emerges with a promising 600% price increase prediction by market analysts, while Poodl Inu (POODL) achieves a notable milestone in its presale, indicating its ascent as a top meme coin […]
Cardano (ADA)’s founder is a man of many words and many GIFs. Charles Hoskinson’s comments, whether you agree or disagree with them, tend to spark discussions in the crypto community. Hoskinson’s latest X reply spree covered issues from dating advice to his confidence in the ecosystem to Solana’s recent struggles. As a result, several conversations […]
The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said the cryptocurrency has been around for more than a decade but “there’s still no legitimate use case in an advanced democracy.” ‘I Am Worried From […]
Ratio that compares price of Bitcoin, largest digital asset, with Ethereum signals potential warning for crypto market
Synthetic dollar protocol developer Ethena Labs has added Bitcoin (BTC) to the backing of its USDe stablecoin, the firm’s flagship product. Announcing via the social media platform X, Ethena Labs says that using Bitcoin to back USDe is “a crucial unlock which will enable USDe to scale significantly” from its current supply of $2 billion. […]
Although the US has yet to win the extradition victory against South Korea for Do Kwon, a New York court has already ruled against the fallen former crypto mogul in a legal case launched by the Securities and Exchange Commission. Do Kwon and his crypto brainchild – Terraform Labs – were found guilty of misleading […]
Microsoft warns of AI use, cryptocurrency heists. 3 min read 06 Apr 2024, 11:08 PM IST checkcibilBtn. Written By Akriti Anand. A report on the …
We do the research, you get the alpha! Go to Alpha Reports There’s clear interest in the upcoming token for the Saga layer-1 blockchain network, just days ahead of next week’s listing. In fact, Binance customers have already broken a record for the most cryptocurrency staked to earn SAGA token rewards via the crypto exchange’s […]
Bitcoin began 2024 with a blast gaining by over 73% in the first quarter of the year to establish a new all-time high price of $73,750. And although BTC soon declined from this value following a turbulent price movement in the last month, its biggest stakeholders have shown a consistent accumulation trend throughout the first […]
A 70-year-old woman says JPMorgan Chase isn’t taking responsibility after her account was gutted by cyber thieves. Jodene Danials says $4,500 vanished from her Chase bank account after hackers got access to her Zelle account, Click2Houston reports. Danials says in June of last year, within a matter of hours, her Chase account was drained of […]
The introduction of meme coins has injected a new layer of excitement into the crypto market, each with its own distinct charm and community backing. Raboo (RABT) is emerging as a standout with its eagerly awaited crypto presale, aiming to outshine notable rivals such as FLOKI and BONK in the meme coin domain. This new […]
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the system to facilitate this,” the Reserve Bank of India (RBI) said the initiative is expected “to enhance access and expand choices available to users.” Non-Bank […]
Bitcoin ETFs are igniting financial revolution, surging 283% in single day
The investigation revealed that her so-called cryptocurrency investment was moved through multiple crypto addresses in a manner consistent with money …
TL;DR Coinbase Launch: Coinbase has introduced perpetual futures contracts for two altcoins, Ordinals (ORDI) and Worldcoin (WLD), available on Coinbase International Exchange starting April 11. These contracts allow traders to speculate on the future prices of ORDI and WLD indefinitely. Price Movements: ORDI has experienced a significant increase in value, rising 1,640% from $5 to […]
TL;DR Grayscale conducts quarterly adjustment in funds, removing ADA and ATOM from its portfolio. Proceeds from the sales are reinvested to maintain a balanced and diversified portfolio. The removal of ADA and ATOM is based on negative returns and other selection criteria. Grayscale, one of the world’s leading digital asset management firms, has carried out […]
Bitcoin had a controversial week in terms of price movements, as it slumped to a ten-day low and jumped by nearly five grand a day later but failed to sustain its momentum. The altcoins also suffered on a weekly basis, but most have turned green after yesterday’s retracements. BTC Goes After $68K The volatile week […]
The founders of analytics platform Glassnode believe Bitcoin (BTC) is gearing up for a much bigger move to the upside. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that Bitcoin appears to be forming a bullish pattern amid a market correction. However, the analysts […]
A top-100 altcoin has more than doubled up during the last week as it announces a host of new partnerships and features. New data reveals that Core (CORE), a layer-1 blockchain that leverages the advantages of Bitcoin’s (BTC) proof-of-work network, has skyrocketed over the last seven days. On March 29th, CORE was trading for $1.07. […]
The Cardano price has been facing a significant amount of bearish pressure over the past week, declining by more than 12%. This recent fall coincides with a broader crypto market downturn, with other major altcoins suffering huge losses over the past week. Specifically, Cardano’s price decline has been largely linked to the recent sell-off of […]