The Bitcoin price experienced a further sell-off yesterday and fell by more than 5% intraday to as low as $40,660. Since the year-to-date high of $49,000 on January 11, the BTC price has dropped by as much as 17%. However, according to renowned crypto analyst Jacob Canfield, this may not be the end of the […]

As of the latest data, the XRP Ledger, Ethereum, and Bitcoin are all witnessing profit levels above 80%, a scenario not seen since March ’22.  The current supply in profit for Bitcoin stands at 83%, Ethereum at 84%, and XRPLedger at 81%. Historically, these levels are considered high-risk profit zones, notably surpassing the typical 55%–75% […]

One Solana-based (SOL) altcoin is surging just after the top US crypto exchange platform Coinbase announced it would be officially listing it. Earlier this week, Coinbase announced that it would be supporting Hivemapper (HONEY), a decentralized global mapping network built over the Solana blockchain. “Hivemapper (HONEY) is now live on http://coinbase.com and in the Coinbase […]

B2Prime Group’s, a liquidity provider, subsidiary B2B Prime Digital MENA has been granted “Initial Approval” for licensing from the Dubai Virtual Assets Regulatory Authority (VARA). The approval covers a spectrum of activities, including Virtual Asset Exchange Services, Virtual Asset Broker Dealer Services, and Virtual Asset Transfer and Settlement Services. VARA’s Initial Approval: B2B Prime Digital […]

In a significant development, Algorand, a leading layer-1 blockchain network, has successfully implemented its Dynamic Lambda update. This game-changing upgrade has substantially reduced block creation times, making Algorand faster than Ethereum. Dynamic Round Times (aka Dynamic Lambda) This protocol upgrade, which went into effect today, will increase network performance, meaning higher throughput and lower block […]

Amid extreme weather events in Texas, the Bitcoin network experienced a significant decrease in its hash rate. During the day of January 17, 2024, the hash rate stood at 440.28 million terahashes per second (TH/s), marking a drop from 454.83 million TH/s the previous day. Despite this daily reduction, the annual outlook shows a notable […]

In Ethereum, six major buying points have emerged since ’23, with the second largest liquidation of long positions occurring on January 12, coinciding with the approval of the spot Bitcoin ETFs and triggering a significant price correction. Based on a recent examination, the liquidation of long positions has set a tail low at $2,450. A […]

BlackRock’s iShares Bitcoin Trust (IBIT) sets new record, becoming first US spot Bitcoin ETF to cross $1 billion mark in inflows

Xiaofei Chen, 37, was sentenced to two years in federal prison for conducting a cryptocurrency scheme that involved him laundering over $500000.

Bitcoin dropped below $41,000 in the last 24 hours before making a recovery to rise above that level once again. This has become the current reality of the flagship crypto token’s price, which has continued to decline since the Spot Bitcoin ETFs were approved. This is surprising considering that these funds were projected to help […]

Cryptocurrency analyst and trader Michaël van de Poppe is turning bullish on decentralized oracle provider Chainlink (LINK). Van de Poppe tells his 685,200 followers on the X social media platform that LINK could soar by more than 90% from its current value. “LINK seems ready for continuation after sweeping the lows. As long as it […]

TrueUSD (TUSD) experienced a significant depreciation, dropping to as low as 97 cents, triggered by reports of traders liquidating over $300 million worth of the stablecoin, according to data from Binance. Binance’s announcement on January 15 about farming $MANTA by staking $BNB and $FDUSD, excluding $TUSD, played a pivotal role in the depreciation. Subsequently, TUSD […]

Kraken’s subsidiary, CF Benchmarks, is in talks with 50 firms seeking its services for spot Bitcoin exchange-traded fund (ETF) pricing. This development follows the recent approval of 11 spot Bitcoin ETF applications by the US Securities and Exchange Commission (SEC). According to a report by the Financial News, CF Benchmarks is providing data to major […]

HodlX Guest Post  Submit Your Post   In 2023, the market for tokenized business assets grew by between 16% and 23% in CAGR (compound annual growth rate). Still, even the most optimistic valuations agree that tokenized assets currently account for less than 11% of crypto’s total valuation. While some dub tokenization a failed technology, the macro […]

The “Newborn Nine,” a group of recently launched Bitcoin Exchange-Traded Funds (Bitcoin ETFs), has amassed a staggering $2.87 billion in just four days. This rapid inflow of capital underscores the growing investor appetite for digital assets and the increasing mainstream acceptance of cryptocurrencies. The “Newborn Nine” refers to the nine Bitcoin ETFs that have recently […]

Binance issues important alert to crypto futures traders

The JPMorgan Chase CEO says that he won't comment on Bitcoin anymore, but he threw at least one more parting jab at the cryptocurrency.

Crypto analyst The Crypto Dog has provided a bullish narrative for the Injective (INJ) token. As part of his insights, the analyst hinted that the crypto token could outperform Bitcoin soon enough.  Injective To Breakout Against Bitcoin In an X (formerly Twitter) post, The Crypto Dog shared an INJ/BTC chart while hinting that an “incredibly […]

[PRESS RELEASE – London, United Kingdom, January 18th, 2024] Minutes Network, the new blockchain-based wholesale voice termination service provider is pleased to announce a new collaboration with Next Communications, Inc., a prominent USA wholesale voice communications aggregator, established in 1998, and responsible for terminating over 100 million minutes of international voice traffic annually. The new […]

FTX targets SBF’s parents, Joseph Bankman and Barbara Fried, in lawsuit seeking USD $10M cash gift and $16M Bahamas property. FTX alleges parents were company insiders, responsible for questionable donations and directing business payments Bankman and Fried deny all claims, suggesting they are just victims of circumstance and were not involved in defrauding FTX customers […]

Bitfinex, a digital asset trading platform, has partnered with Synonym to introduce a feature that simplifies and accelerates Lightning Network transactions. This collaboration aims to enhance customer experience by eliminating the complexities associated with establishing Lightning channels for instant deposits, withdrawals, and payments. Bitfinex’s Enhanced Lightning Channel Feature The new Lightning Channel feature, powered by […]

Following the recent milestone of Bitcoin Spot ETF approval, altcoins are displaying notable divergence in market dynamics: Ethereum Name Service (ENS) has witnessed an impressive surge, marking a remarkable 163% gain in the last month. ENS, propelled by positive remarks from Ethereum founder Vitalik Buterin, reached a peak of $27 last week. The 24-hour trading […]

Can DOGE, SHIB or BONK rise by end of week?

The cryptocurrency space is full of rags-to-riches stories. Countless early investors have made millions of dollars in just a few days…

Renowned macroeconomist Henrik Zeberg has set the financial world abuzz with a stark prognosis on X (formerly Twitter), forecasting a dramatic surge in the Bitcoin price to a peak of $115,000 to $150,000. However, this meteoric rise is predicted to find an abrupt end, caused by a devastating macroeconomic downturn, one that Zeberg anticipates will […]

Ethereum (ETH) has shown unexpected resilience in its staking rate, surpassing 24% of the total supply, according to CryptoQuant founder and CEO Ki Young Ju. This comes despite initial expectations of a significant decrease in the staking rate after the implementation of the Shapella hard fork. Ethereum’s Shapella hard fork was activated in April 2023, […]

TL;DR Shiba Inu experienced a substantial increase in its token burn rate, but its price continues to decline. Shibarium saw a rise in daily transactions, signaling growth in the meme coin’s ecosystem. Burn Rate Goes Through the Roof The popular meme coin – Shiba Inu – witnessed a burn rate increase of nearly 3,000% in the past […]

The head of digital assets research at investing giant VanEck Matthew Sigel is expressing bullish sentiment on Bitcoin (BTC). In an appearance on the Unchained podcast, Sigel says that Bitcoin could soar above the all-time high of around $69,044 this year. “So this year looks like a solid year. We think Bitcoin will make an […]

In a court hearing scheduled for Wednesday, Coinbase, is set to argue that the US Securities and Exchange Commission (SEC) should drop its case against the platform. Coinbase contends that the tokens traded on its platform are not comparable to securities, and therefore, the SEC’s regulatory overreach should be dismissed. Allegations and Arguments: Lawsuit Targets […]

Jamie Dimon, CEO of JPMorgan, continues his stance against Bitcoin, linking it to illicit activities. Bitcoin’s value dropped below the significant threshold of USD $43,000, currently trading at USD $42,632. Experienced traders advise focusing beyond short-term market fluctuations, maintaining a bullish outlook for Bitcoin and the broader crypto market. “Please Stop Talking About this Sh*t” […]

Ran Neuner made predictions for three top altcoins, highlighting Bittensor (TAO) as a promising investment despite its recent 15% drop, with potential to reach up to USD $385. He also views Render (RNDR) positively, citing the upcoming release of Apple’s VR headset in the US as a bullish factor that could increase Render’s network adoption […]

News of the SEC’s approval of ETFs has been a major talking point in the crypto industry lately. Cryptocurrencies like Bitcoin (BTC) and Cardano (ADA) could benefit massively from this new development. But what makes Pushd (PUSHD) a potentially better investment than these coins? Let’s find out. Bitcoin (BTC) – Anticipating significant progress With Bitcoin […]