Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative price movement from here on out,” Hayes said, adding that he expects “prices to bottom, chop, and begin a slow grind higher.” Arthur Hayes’ Bitcoin […]
Turbos Finance, leading decentralized cryptocurrency exchange (DEX) on Sui (SUI) L1 blockchain, introduces more efficient liquidity management strategies
While the crypto market witnessed significant bloodshed in April, layer-2 networks recorded substantial developer activity, signaling a strong belief in these projects despite the latest slumps in the value of their native tokens. A tweet by crypto data analytics platform Santiment revealed that the top ten layer-2 networks were selected by counting each project’s non-redundant […]
Top 5 Crypto Presales that Can Give Substantial Returns to Early Investors in 2024 In the bustling world of cryptocurrencies, several new players are making waves. Dogeverse (DOGVERSE) transforms the famous doge meme into a versatile multi-chain crypto asset, while Slothana (SLOTH) integrates blockchain technology with environmental initiatives. Meanwhile, 5th Scape (5SCAPE) dives into virtual […]
CZ gets four months in prison, Gary Gensler had Ether as security for at least 1one year, and the FBI targets crypto mixers.
Jack Dorsey’s fintech conglomerate Block is now investing 10% of its gross profit from Bitcoin products directly into BTC itself. In a new announcement, the firm notes that it is making a strategic investment in the top crypto asset “following numerous positive developments both within the company and in the broader market.” “In April, Block […]
However, the complex nature of blockchain technology can sometimes lead to issues such as lost or stolen cryptocurrency. If you find yourself in this …
INJ, the native token of the Injective Network, commenced May with a fluctuating price action marked by a series of significant losses and gains. As INJ attempts to establish a stable price trajectory, popular market analyst with X handle Crypto Tony has highlighted a pivotal support zone for the altcoin in the coming weeks. INJ […]
U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency trading enterprise. The operator of the scheme is accused of defrauding investors of at least $43 million. FBI Assistant Director James Smith said the actions of Idin Dalpour not only “sever the trust of clients,” […]
Shiba Inu’s modest price recovery not something we should celebrate too early
TL;DR Bitcoin’s price dipped recently but has begun to recover, raising hopes for a potential rally in May. Favorable regulations and increased institutional adoption could fuel a significant BTC price rally (according to ChatGPT). What Are the Odds of a BTC Rally in May? Despite the promising start of the year and the surge to […]
After their initial court appearances on May 2, the former CEO and chief financial officer of Cred must enter their plea by May 8.
Big Four accounting firm Ernst & Young (EY) says the greatest transfer of wealth in human history is in motion, with trillions of dollars in assets passed down this year. In its Global Wealth Management Industry Report, EY estimates baby boomers will hand down up to $3 trillion in assets to their kin this year. EY […]
TL;DR Omni Network is an Ethereum-based protocol that aims to revolutionize the way different Ethereum systems communicate. It creates a unified, efficient platform for users and developers, and has distributed 3,172,260 OMNI tokens to early supporters and partners. The network bridges the gap between various rollups, creating a cohesive environment for decentralized applications (DApps). It leverages […]
A wallet for the meme asset Dogecoin (DOGE) is preparing to shut down. In a new thread on the social media platform X, Mishaboar, one of Dogecoin’s developers, tells investors to make sure they move their DOGE out of the Dogechain wallet before it shuts down on June 1st as well as keep a copy […]
BlockDAG’s X1 App Beta Launch Catalyzes Momentum Amid Ethereum’s Rise And Solana’s Uncertain Future BlockDAG’s innovative X1 mining app is set to launch as the crypto market sees varied trends, with Ethereum displaying bullish signals and Solana experiencing a downturn. BlockDAG‘s presale has successfully raised $22.3 million, with over 8.4 billion coins sold, setting the […]
Often referred to as simply “crypto”, cryptocurrency is a form of digital or virtual currency that uses cryptography to secure transactions. As it is …
The cryptocurrency market may be experiencing a cool down, but one meme coin is refusing to catch a cold. PEPE, a token emblazoned with the internet’s famous frog, has defied recent bearish trends with a surge in price and trading activity. This resilience has fueled speculation of a potential “bullish breakout” in the coming days, […]
Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin Trust (GBTC) appears to have halted the depletion of bitcoin following its […]
Grayscale Investments’ GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.
Bitcoin (BTC) is flashing a potentially bullish indicator amid an overall crypto market downtick, according to the digital asset analytics firm Santiment. The firm notes in a new post on the social media platform X that the percentage of the BTC network’s available supply in profit is 84.4%. Explains Santiment, “This BTC ratio is at […]
Bitcoin’s price has been going through some major moves throughout the past couple of weeks. The bulls are fighting to reestablish their dominance, staging a convincing recovery above $60K. But will it last? Technical Analysis By TradingRage The Daily Chart The price has been oscillating inside a descending channel on the daily chart for the […]
TL;DR Arthur Hayes, former CEO of BitMEX, suggests that Bitcoin could be poised for a gradual recovery. He attributes the recent market downturn to various factors, including the tax season in the United States and uncertainty about Federal Reserve policies. BTC’s potential recovery could be driven by an increase in dollar liquidity, creating upward pressure […]
A cryptocurrency analyst and trader is saying Bitcoin (BTC) may have reached a market bottom after correcting down into the high $50,000 range. The analyst pseudonymously known as Rekt Capital tells his 74,900 YouTube subscribers that Bitcoin’s latest correction is the cycle’s deepest, suggesting a further decline is unlikely. “This single corrective period is now […]
BlockDAG Now Accepts Payment In SOL, MATIC, KAS & 7 Other Coins Amidst Shiba Inu’s New Blockchain Launch & Bullish Cosmos Price Projections Amid the dynamic developments in the crypto landscape, BlockDAG is capturing attention by adding ten new payment options, coinciding with significant developments in the Shiba Inu ecosystem and shifting price predictions for […]
Referral bonuses can reach 3.5%.. 3.Dividend-Earning Tokens, Investors have access to cryptocurrency dividends that equate to a share of a …
Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his thoughts on the current Bitcoin price action. He stated that the flagship crypto has hit a local low and predicted what its future trajectory will look like. Hayes Says Bitcoin Has Bottomed In a recent blog post, Hayes mentioned that Bitcoin hit a […]
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin and Ether Lead in Volatile NFT Market; Weekly Sales Down 30% […]
Intriguing reason for SHIB, BONK, WIF price jumps explained
LayerZero Labs will enforce consequences for those who don’t self-report by May 17.
Dogecoin (DOGE) competitor Shiba Inu (SHIB) is announcing the completion of its highly anticipated Shibarium hard fork. In a new thread on the social media platform X, the team behind the dog-themed meme asset says they have officially completed the Shibarium hard fork, a move traders have been expecting since last year. “Shibarium has successfully […]