A veteran crypto trader thinks one Ethereum (ETH) rival is about to “turbo send.” The pseudonymous digital asset analyst known as Bluntz shares a chart with his 253,100 followers on the social media platform X that indicates the smart contract platform NEAR Protocol (NEAR) could jump past the $10.50 range. Source: Bluntz/X NEAR is trading […]
Cats are having their moment in the wild world of meme coins. A couple of quirky tokens, cat in a dogs world (MEOW) and Book of Meow (BOMEOW), have taken the market by storm this week with blistering rallies. But while traders scramble to get involved with these “cat coins,” a different animal-themed project is […]
Banking behemoth VanEck has valued Ethereum Layer-2 (L2) solutions at an astounding $1 trillion in a daring prediction, emphasizing the critical role that efficiency gains and scalability improvements will play in the development of blockchain technology. Ethereum Layer 2s Poised For Significant Increase In Valuation According to VanEck researchers, Ethereum Layer 2 scaling networks are […]
TL;DR Franklin Templeton highlights the positive impact of Bitcoin Ordinals on BTC innovation. The firm acknowledges other factors contributing to innovation in BTC, such as new fungible token standards and the development of DeFi on the BTC blockchain. Beyond optimism, Franklin Templeton warns investors about associated risks, including the possibility of value loss and the […]
Founder of SkyBridge Capital has warned about upcoming US debt crisis, urging purchase of BTC as safety commodity
Inflows into Cryptocurrency EFTs are on the rise. Can bitcoin's climb continue?
Ripple, known for its enterprise-grade blockchain solutions, has announced its intention to introduce a stablecoin pegged 1:1 to the US dollar. This revelation comes as the demand for stablecoins showcasing reliability, trust, and utility continues to surge. Entering Stablecoin Market amidst Projected Industry Growth The upcoming stablecoin from Ripple will be fully backed by US […]
Morgan Stanley is working to become the first major U.S. banks to offer a spot Bitcoin ETFs to all clients, according to social media reports. With $1.5 trillion in assets under management respectively, Morgan Stanley is one of the largest wealth managers worldwide. A fully approve Bitcoin ETF trading on its platform would mark a […]
Bitcoin shows hot and cold signals. What comes next, higher or lower? Many long positions were liquidated, as traders may have been overexposed leading into the Bitcoin halving. Altcoin analysis for Layer 1’s – SOL and AVAX As Bitcoin puts to bed another month and quarter of trading, we again continue to see it crush […]
Experts Back BlockDAG to Revolutionise the Market with up to 20,000x ROI Amid Tezos NFTs & CRO Price Prediction As investors hunt for the best crypto for 2024, BlockDAG emerges with compelling potential, marked by its recent milestone of entering Batch 6 at $0.0035. With earlier investors securing over 100x ROI and projections suggesting up […]
PRESS RELEASE. Chicago, IL — April 4, 2024 — Lumerin, a pioneer in the decentralized Bitcoin mining marketplace, and Quai, a groundbreaking Layer-1 crypto network for the global and compute economies, proudly announce a strategic alliance aimed at expanding access to Bitcoin mining. This collaboration seeks to combine Lumerin’s expertise in decentralized data stream routing […]
Injective (INJ) may be on the brink of a potential price surge following a recent wave of accumulation by crypto whales. This would undoubtedly be a much-needed relief for the INJ token, which has dipped significantly in the last seven days. Crypto Whales Buy $24.8 Million Worth Of INJ Data from the market intelligence platform […]
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin. Ethereum (ETH) Ethereum is found in a difficult position. The price fell by 7% this week, and now all the pressure is on the key support at $3,350. If this level fails, then the price might retreat below $3,000. The […]
Peter Schiff has taken note of Bitcoin’s massive price plunge
As cryptocurrency evolves from an unknown asset to a recognized currency class, governments worldwide are grappling with the need to regulate this …
TL;DR Competition between Morgan Stanley and UBS to be the first bank to offer a Bitcoin ETF on their platforms. Morgan Stanley seeks to outpace UBS and officially announce the launch of the ETFs a few days before implementation. Despite the growing interest in BTC and associated ETFs, some banks, such as Goldman Sachs, maintain […]
TL;DR Lido’s Market Share Declines: Lido’s dominance in the Ethereum staking market has decreased, with its share falling from 32% to below 30%, as more ETH stakers enter the market. Increased Competition and Decentralization: The entry of major crypto exchanges like Coinbase and Binance, along with smaller stakers, is fragmenting the market, promoting the decentralization ethos of […]
Coinbase, the international cryptocurrency exchange, has achieved a milestone in its expansion efforts by becoming officially registered as a Restricted Dealer by the Canadian Securities Administrators (CSA). With this development, Coinbase has become the first international cryptocurrency exchange to be registered in Canada. Compliance Highlighted amid Canadian Registration Process The registration process, which has been […]
Cross-chain messaging protocol Wormhole (W) has debuted with its new token at a $3 billion market cap following its highly anticipated launch. On Tuesday, the biggest crypto exchanges in the industry announced they were launching support for W, including Binance, OKX, Bitget, Backpack and WOO X. With the token going live early on Wednesday, so did the airdrop, which distributed […]
A popular crypto trader is bullish on a blockchain gaming platform. The pseudonymous analyst known as Altcoin Sherpa tells his 213,600 followers on the social media platform X that he sees Gala (GALA) finding support at $0.053 and $0.046, which represent the 0.5 and 0.618 Fibonacci retracement levels. The analyst believes that GALA may bounce […]
DWS, a prominent asset manager with over $900 billion in assets under management, has launched new Xtrackers Exchange-Traded Commodities (ETC) in collaboration with Galaxy Digital Holdings Ltd., offering investors convenient access to bitcoin exposure in Germany. JUST IN: $932 Billion asset manager DWS launches physical #Bitcoin ETC in Germany 🇩🇪 pic.twitter.com/e6RvMLidHY — Bitcoin Magazine (@BitcoinMagazine) April […]
After years of operating without a board, Binance recently established its first board of directors, chaired by a former diplomat from Barbados. The cryptocurrency exchange still lacks a global headquarters. Some critics argue that the board members do not possess the necessary experience for an organization like Binance. Binance Remains Without Global Headquarters Binance recently […]
On-chain data shows the recent Bitcoin drawdown has shaken up the short-term holders, leading them to make large exchange deposits at a loss. Bitcoin Short-Term Holders Have Transferred Huge Volume In Loss To Exchanges As analyst James Van Straten pointed out in a post on X, the BTC short-term holders have recently participated in a […]
Crypto payments firm Ripple is gearing up to debut its own dollar-pegged stablecoin this year. Here’s what we know so far. Ripple is a crypto payments company. Image: Shutterstock We do the research, you get the alpha! Go to Alpha Reports Fintech firm Ripple announced Thursday that it plans to launch its own stablecoin pegged […]
Following a recent market dip, the price of MKR, the native token of MakerDAO, has experienced a notable rebound of approximately 7% within a span of 10 hours. However, insights from whale activity suggest varying perspectives on the token’s trajectory. A multisignature wallet, likely affiliated with MakerDAO, has made significant moves in the market. After […]
The Bitcoin halving event has been scheduled to take place in the next 15 days. Based on historical data, it could trigger a bull run that would last months, setting new price peaks. Crypto data analytics platform Kaiko believes BTC could record a new top within nine to twelve months after the event on April […]
Peter Brandt’s assertion of Bitcoin’s dominance over gold prompts market scrutiny amid concerns of potential exhaustion in Bitcoin ETFs
But EFCC counsel, Ekene Iheanacho maintained that though there is no physical presence of Binance in Nigeria, Gambaryan is the cryptocurrency …
HodlX Guest Post Submit Your Post Bitcoin halving 2024 – perhaps the most eagerly awaited event in the crypto world this year – is now less than a month away. While the abundance of countdown timers scattered across various platforms highlights its significance, its true implications for the crypto market remain somewhat ambiguous. Officially, the […]
A widely followed crypto analyst and trader is offering his forecast on a digital token that represents physical and traditional financial assets or Real World Assets (RWA). The trader pseudonymously known as Altcoin Sherpa tells his 213,700 followers on the social media platform X that crypto assets in the RWA category are still “strong”. According […]
TL;DR Wormhole, Ethena, and Waves are in the spotlight as leading projects in the surge of digital tokens, according to Santiment. Wormhole experienced a massive increase in its popularity after its “Token Generation Event,” although the price of the W token has decreased since then. Ethena Labs generated significant interest with its $450 million airdrop […]
TL;DR Ripple plans to launch a stablecoin backed 1:1 by the US dollar on the XRP Ledger and Ethereum. The stablecoin will be fully backed by US dollar deposits, US government bonds and cash equivalents. This move by Ripple seeks to meet the growing demand for stability, trust and utility in the cryptocurrency market. Ripple, […]