Digital assets manager CoinShares says institutions dumped a new weekly record of $942 million in crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says the new record outflow breaks a seven-week run of record-setting inflows. “Digital asset investment products saw record weekly outflows totaling US $942 million, the first outflow following […]
The Securities and Futures Commission of Hong Kong (SFC) has sounded the alarm against two dubious trading platforms, HKCEXP and EDY, today (Monday). In an official statement released on its website, the SFC cautioned investors about engaging with these platforms, citing suspicions of fraudulent activities. Allegations of False Claims and Withdrawal Woes According to the […]
How will governments function in a world that has transitioned from fiat to hyperbitcoinization? This is a question that I have thought about recently, and I wanted to think through what happens to governments on a Bitcoin standard. The questions I have are the following: how will governments fund themselves? How do your taxes work […]
Here’s what the latest trend in the Bitcoin Market Value to Realized Value (MVRV) ratio suggests about where the market is currently in terms of a top. Bitcoin MVRV Ratio Has Seen A Decline To The 2.34 Level According to data from the market intelligence platform IntoTheBlock, the BTC MVRV ratio surged high earlier this […]
TL;DR Bitcoin reclaims $70,000 mark as BTC accumulation resumes. BTC reserves on the Coinbase exchange hit a nine-year low. Large investors accumulate a significant amount of Bitcoin, with an accumulation of over 50,000 BTC in a single day. In a surprising move for traders, Bitcoin (BTC) has once again surpassed $70,000, evidencing renewed interest in […]
CommEX, a crypto exchange that previously took over Binance’s operations in Russia after it decided to exit the country, has revealed its intention to cease operations in the country. Binance had initially announced its departure from Russia in September 2023, stating that the process would take approximately one year to complete. CommEX Announces Gradual Wind-Down […]
Van der Laan has hinted at potentially returning to Bitcoin development
A crypto strategist who accurately called the latest Bitcoin (BTC) correction says the top meme token Shiba Inu (SHIB) may be mirroring a pattern last seen during the 2021 bull market. Pseudonymous analyst Rekt Capital tells his 436,200 followers on the social media platform X that SHIB is in the process of retesting its weekly […]
Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to achieve carbon neutrality, bitcoin and cryptocurrencies were “not part of that mission.” Iceland’s Prime Minister to Shift Power Away From […]
In a remarkable twist that's sending shockwaves through the cryptocurrency community, a significant faction of Elon Musk's Dogecoin (DOGE) cult is …
Short positions in Bitcoin worth almost $40 million were liquidated within the past 24 hours as the cryptocurrency’s price surged upwards. As Bitcoin surpassed the $68,000 mark, short positions were swiftly eliminated, resulting in significant liquidations. During the last 24 hours, the leading digital asset by market capitalization experienced a gain of over 4.5%, contributing […]
In a follow-up to the Stock Exchange Notice issued on March 11, 2024, the London Stock Exchange (LSE) has disclosed its intention to commence accepting applications for the admission to trading of Bitcoin and Ethereum Crypto Exchange-Traded Notes (ETNs) from April 8, 2024. Regulatory Hurdles: FCA Approval Crucial for LSE’s Crypto ETN Launch The Exchange’s […]
The London Stock Exchange has announced that it will accept applications for the admission of Bitcoin Crypto Exchange-Traded Notes (ETNs) starting from April 8, 2024. This decision follows the Exchange’s earlier notice on March 11, indicating its intention to allow the trading of Crypto ETNs in the second quarter of the year. JUST IN: 🇬🇧 […]
Crypto expert popularly known as KSI has shared his thoughts on how the Bitcoin price could progress until the peak of this bull cycle. Based on his prediction, the flagship crypto could experience significant dips on its way to a new all-time high of $100,000. $80,000 Could Be Next For Bitcoin KSI mentioned in an […]
[PRESS RELEASE – Bankstown, Australia, March 25th, 2024] Xuirin Finance is an exciting new project in the world of cryptocurrency that’s all about bringing fresh ideas, being flexible, and having a clear plan for the future. The Xuirin Finance team views the Xuirin Finance (XUIRIN) as a significant milestone in decentralized finance. The project came […]
‘Rich Dad Poor Dad’ author Robert Kiyosaki unveils epic new Bitcoin prophecy
Bitcoin’s price trajectory on March 25, 2024, showcases bullish momentum, coasting along at ranges between $66,934 to $67,087 per unit. The day’s trading ranged from $64,568 to $67,672, indicating a volatile yet upward trend. Bitcoin A close examination of bitcoin’s (BTC) oscillators suggests a predominantly neutral to bullish sentiment among traders. The relative strength index […]
Pairing cryptocurrency mining – notable for its outsized consumption of carbon-based fuel – with green hydrogen could provide the foundation for …
Jupiter (JUP) has had a remarkable month, with its price skyrocketing over 150% in the last 30 days. Amid the crypto market slowdown and some controversies, JUP’s performance has maintained momentum. Crypto Analyst Sees “Decent” Entry Spot For JUP Jupiter’s JUP started the month trading around $0.63 and has seen the price jump 106% in […]
The renowned author of “Rich Dad, Poor Dad”, Robert Kiyosaki, has predicted that Bitcoin will reach $100,000 by September, thanks to Bitcoin halving. Kiyosaki, known for his insights on wealth and investment strategies, plans to accumulate 10 Bitcoins before April, according to his post on X. He mentioned: “I am buying 10 more Bitcoin before […]
In the wake of ongoing peer-to-peer (P2P) clampdowns in Nigeria, the country’s Bitcoin community took a remarkable step towards empowerment by dedicating International Women’s Day to educating and uplifting women through Bitcoin education. On March 16, 2024, hundreds of women from diverse backgrounds ranging from students and entrepreneurs to professionals and homemakers, united by a […]
A closely followed analyst says he sees Bitcoin (BTC) ending its current correction and witnessing another leg up soon. In a new video update, crypto strategist Kevin Svenson tells his 74,100 YouTube subscribers that Bitcoin may undergo a momentum shift after printing a bullish technical pattern on the low time frame. “Bitcoin is in a […]
Amid the pulsating heart of the digital economy, BlockDAG enters as a beacon of innovation, overshadowing the notable strides in Solana’s growth and the bullish Avalanche price predictions. As the crypto landscape teeters on the brink of evolution, BlockDAG, heralded as the top-rated crypto, is carving out its dominion with unprecedented momentum. Surpassing the $7.9 […]
Solana (SOL) meme coins among worst sufferers of ongoing price correction
TL;DR Technical Glitch: RippleX has identified a critical issue with some AMM pools on the XRP Ledger, affecting transactions and prompting a halt on fund deposits. Preventive Measures: Users are advised to stop deposits and redeem LP tokens from the affected pools while RippleX’s technical team works on a resolution. Community Response: The crypto community […]
Emin Gün Sirer, the founder and CEO of Ava Labs, has sounded an alarm on the rise of substandard layer 2 (L2) solutions in the crypto space. Drawing parallels with the fallout from the FTX collapse, he cautioned investors about the dangers associated with investing in these “trash” projects. Ava Labs Founder Highlights L2 Red […]
Ethereum presents a mixed bag of signals as of March 25, 2024. Amid fluctuating trading volumes and a contested market direction, ether’s price settled at $3,487 after experiencing an intraday range of $3,335 to $3,503. With a market capitalization of $415 billion and a 24-hour trading volume of $14.14 billion, traders alike are keenly observing […]
The collapse of Bahamas-based crypto exchange FTX sent shockwaves through the alternative investment world and arguably changed the cryptocurrency …
XRP, the native token of Ripple, is stirring up excitement in the crypto market with analysts predicting a potential short-term price explosion. However, the extent and timing of this surge remain a point of contention. In a recent analysis of the cryptocurrency market, several market analysts have expressed optimism about the short-term prospects of XRP, […]
Widely followed economist Alex Krüger is bullish on one overlooked layer-one crypto project amid what he believes is the earlier stages of a digital assets bull run. Krüger tells his 168,000 followers on the social media platform X that many more people are about to hear about Core (CORE), a blockchain that aims to leverage […]
Author of a popular 1997 financial book Rich Dad Poor Dad suggests that stocks are on their way down. He claims that the Chinese government is pumping too much debt into stocks, which will eventually put strain on and collapse the market. Kiyosaki proposes gold, silver and Bitcoin as alternatives to traditional stocks. Crypto and […]
Iceland’s PM, Katrín Jakobsdóttir, wants to redirect electricity used in mining Bitcoin towards increasing corn production. Jakobsdóttir said the growing trend toward isolationism and reduced agricultural exports from EU nations posed food security risks for Iceland. Iceland’s Prime Minister, Katrín Jakobsdóttir, has said the small Nordic nation was looking to reduce the amount of electricity […]