The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. This week’s topics Monumental SEC failure Bitcoin ETF multiple German economic update Taiwan elections and China […]

The Shiba Inu burn rate is not slowing down, especially now that the SHIB team has officially joined the effort. This participation from the Shiba Inu team has led to some of the largest daily SHIB burns that have been recorded since the burn initiative started. And now, once again, the team has carried out […]

XRP’s trading volumes skyrocket by 96% in 24 hours, as its price firmly holds crucial support level

KuCoin Research has released its monthly report for January 2024, highlighting a notable resurgence in Web3 investments. During this period, seed rounds and strategic financing increased, with 22% of projects securing funding that exceeded USD $10 million. Compared to the previous month, the proportion of projects with financing below USD $10 million decreased, signaling a […]

The first trading day of new Spot Bitcoin ETFs broke records with around USD $4.6 billion in inflows, largely driven by a shift from Grayscale’s Bitcoin Trust (GBTC) to these ETFs. Trader Michaël van de Poppe attributed the recent Bitcoin rally to a ‘buy the rumour, sell the news’ phenomenon. British HODL suggests that Bitcoin’s […]

In the thrilling world of cryptocurrency, the race for the first U.S. Bitcoin ETF is reaching a climax. This development, eyed eagerly by investors, could redefine the future of Bitcoin trading. Meanwhile, savvy traders are also assessing the profit potential in emerging stars like Filecoin and the best memecoin contender, RebelSatoshi (RBLZ). Let’s unpack these […]

Bitcoin soared past $49,000 hours ago after the first ETFs reached the US market but plummeted by over three grand in the following minutes. This resulted in a lot of pain for over-leveraged traders, as the total value of liquidated positions has soared to well over $300 million on a daily scale. January 10, 2024, […]

Apple has reportedly booted out several crypto exchanges from its app store in India amid allegations that most of these platforms are illegally operating in the country. TechCrunch reports that Binance, Kraken, Huobi, Gate.io, Bittrex, Bitfinex and OKX’s apps are no longer accessible on Apple’s India app store, though customers who have already installed them […]

Apple reportedly removed Binance and seven other cryptocurrency platforms from its Indian App Store.

We all have a journey to Bitcoin. Some started as sound money advocates who adored Austrian economics and gold. Others fell out of the TradFi world when they knew something wasn’t quite right. Most Bitcoiners have gone through trials and tribulations of altcoin hell. However you made it here and to Bitcoin, welcome–and buckle the […]

PlanB, the creator of the renowned Stock-2-Flow (S2F) model, has once again captured the community’s attention with three bullish Bitcoin (BTC) forecasts. In a YouTube video recently uploaded, the S2F creator shared bold predictions. In the short term, PlanB sees Bitcoin soaring to above $50,000 before the upcoming halving event scheduled for April. The S2F […]

CoinGecko, the cryptocurrency price tracking platform, fell victim to a hacking incident on its X account. The incident occurred when hackers made a fraudulent post announcing the launch of a new cryptocurrency called GCKO. The post claimed that GCKO could be used to pay for API services, with a special mention of the ANKR cryptocurrency. […]

Amid growing expectations about the possible arrival of a Ripple (XRP) Exchange-Traded Fund (ETF) in the United States during 2024, Bloomberg Intelligence analyst James Seyffart sheds light on the real possibilities of this event. Seyffart suggests that the chances of an XRP ETF seeing the light of day in 2024 are slim, and bases his […]

Shiba Inu (SHIB) has once again erased a zero from its price

Financial markets are a rollercoaster of uncertainty and unpredictability. Warren Buffett once said: “The only value of stock forecasters is to make fortune-tellers look good.” Crypto is like that, but on steroids. No wonder, then, that every once in a while, we see the emergence of an event that market thought leaders define as a […]

A widely followed crypto analyst says Bitcoin (BTC) is set to soar after the U.S. Securities and Exchange Commission (SEC) approved 11 BTC exchange-traded funds (ETFs) yesterday. Crypto trader Michaël van de Poppe tells his 683,000 followers on the social media platform X that BTC could reach as high as $600,000 this market cycle. “Range is defined. […]

Bitcoin miner outflow has reached a 77-month high despite an overall positive trend in the crypto market. According to on-chain intelligence firm CryptoQuant, the ‘Miner Outflow’ metric demonstrated the outflow of Bitcoin from mining pool wallets not seen since August 2017. The outflow metric doesn’t directly monitor funds transferred from miners’ addresses to crypto exchanges, […]

Is the Santa Clause rally coming? We look at the levels Bitcoin needs to hold for this to happen.  Macroeconomic calendar update, US PCE and GDP data could drive volatility this week.  SOL and BONK technical updates, where we could go should we see a continuation in the market. After a fake ETF approval announcement […]

Despite slight decrease in the global market cap today, ARB defies the odd and posted 5% gain. It bounced off a key support level few days ago and now aiming to retake previous resistance. The price may breakup soon. Last week, Arbitrum reached a new high of $2.1 after rallying through several resistance levels in […]

Wider Investor Access: The approval enables asset management firms to offer Bitcoin ETFs, simplifying cryptocurrency investment for a broader range of …

Vanguard, a major player in the investment management industry with over $7 trillion in assets, has taken a surprising stance by blocking customer access to Spot Bitcoin Exchange-Traded Funds (ETFs), according to multiple reports. The move comes as a notable deviation from the growing trend of institutional interest and adoption of Bitcoin-related financial products. Vanguard […]

XRP and Stellar (XLM) are two cryptocurrencies that have been constantly compared in terms of price growth and development. Both digital assets are dedicated to facilitating cross-border transactions.  Given their considerable similarities, the Chief Technology Officer (CTO) of Ripple, David Schwartz has attempted to uncover the factors contributing to the persistent price correlations between the […]

A popular crypto trader thinks Bitcoin (BTC) will reach its cycle top much sooner than many other digital asset analysts expect. The pseudonymous analyst known as Credible Crypto tells his 364,200 followers on the social media platform X that he believes BTC has been in the same cycle since 2018 and is headed towards a […]

A slew of spot Bitcoin ETFs is expected to start trading on Thursday

After many years of waiting, investors will finally see the launch of the first-ever spot Bitcoin (BTC) exchange-traded fund (ETF) in history. The market was immediately flooded not with one or five but nearly a dozen such investment products that should become available today (Thursday) on the NYSE, NASDAQ, and CBOE. Although their operating principles […]

In a groundbreaking move, Circle, the issuer of the USDC stablecoin, has confidentially filed for an Initial Public Offering (IPO), according to reports from Reuters and other sources. This marks a significant milestone in the crypto industry, as it could potentially pave the way for other crypto firms to follow suit. Circle’s decision to go […]

Robinhood CEO Vlad Tenev announced today that the company would list Bitcoin ETFs on its platform. The statement follows the landmark decision by the Securities and Exchange Commission (SEC) approving spot Bitcoin ETFs. SEC’s Approval to Integrate Crypto with Traditional Finance “We’ve been ahead of the curve in crypto access, and we plan to list […]

CSAM and Cryptocurrency: On-chain Analysis Suggests CSAM Vendors May Benefit from Privacy Coins like Monero and Other Obfuscation Measures. January 11 …

A crypto lobbying group with little publicly available information is gearing up to advocate for digital assets ahead of this year’s US presidential election, according to a new report. CNBC reports that a “mysterious” nonprofit called “The Cedar Innovation Foundation” was incorporated in Delaware in April. The group’s website and account on the social media […]

Consensys CEO and Ethereum (ETH) co-founder Joseph Lubin says there’s a massive amount of sidelined capital waiting for crypto exchange-traded funds (ETFs) to hit the market. In an interview with CNBC, Lubin says there are hundreds of billions of dollars sitting in the hands of professionals in the traditional finance industry waiting for easier, regulated […]

In an era where cybercrime and financial fraud are becoming increasingly sophisticated, Nasdaq Inc. is taking a proactive stance. CEO Adena Friedman announced significant investments in next-generation AI technology to combat these growing threats. This move underscores Nasdaq’s commitment to enhancing its anti-crime capabilities, particularly against the backdrop of a financial industry grappling with digital-age […]

The Arbitrum (ARB) price has increased swiftly in 2024, reaching a new all-time high price of $2.42 today. The increase has become entirely parabolic, and ARB has not experienced any retracement this year. Arbitrum Reaches New All-Time High The ARB price has increased alongside a parabolic ascending support trend line since September 2023. The trend […]