Standard Chartered has captured the attention of the crypto world with its revised predictions, notably increasing its year-end forecast for Bitcoin (BTC) to an impressive $150,000, marking a substantial 50% hike from earlier projections. The bank also casts a promising light on Ethereum (ETH), anticipating a notable rise in its value. This bullish perspective on […]
Yi He, cofounder of Binance, has issued warning to crypto community
Cryptocurrency is simply digital currency, an online medium of exchange via blockchain technology. It's encrypted , immutable, and decentralized.
On-chain data shows the Bitcoin investors have been capitulating recently, a sign that FUD has been gripping the market. Bitcoin Total Amount Of Holders Has Seen A Drop Recently According to data from the on-chain analytics firm Santiment, the Bitcoin Total Amount of Holders has registered a notable decline recently. The “Total Amount of Holders” […]
[PRESS RELEASE – Victoria, Seychelles, March 21st, 2024] Bitget, a leading cryptocurrency exchange and Web3 company, is thrilled to announce the listing of Toadie (TOAD), a memecoin project that transforms NFTs into gateways to a vibrant digital ecosystem. In the captivating universe of Toadie, NFTs transcend traditional digital collectibles, serving as keys to unlock a […]
Non-fungible tokens (NFTs) are unique digital assets that can represent anything from art and music to virtual land and gaming items. They have exploded in popularity and value in recent years, attracting the attention of celebrities, investors, and regulators alike. The legal status of NFTs remains unclear and controversial, especially in the United States, where […]
Bitcoin, the first and most popular cryptocurrency, has been making headlines with its recent surge to a new all-time high of over $72,000. This remarkable price increase has sparked renewed interest in Bitcoin as an investment opportunity, leaving many wondering what this means for their financial future. Investors may see this surge as a validation […]
TL;DR The CCData report highlights explosive growth in the stablecoin market, with Tether (USDT) market capitalization surpassing $100 billion. Stablecoins are digital assets designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. The report provides a detailed insight into the market, including key metrics such as market capitalization, […]
Polygon’s Napoli hard fork, incorporating the RIP-7212 upgrade, marks a significant advancement in interoperability with mainstream tech by introducing support for the elliptic curve digital signature algorithm commonly used across the internet. The upgrade also aligns with Ethereum’s recent Denchun hard fork improvements, enhancing block space efficiency, limiting self-destruct opcode scope, and reducing memory copying […]
Shiba Inu hints at bunch of surprises ahead as major crypto exchange highlights SHIB
A widely followed analyst and trader is expressing bullish sentiment on an altcoin built on Solana (SOL) that has surged by over 100x in a couple of months. The analyst pseudonymously known as Bluntz tells his 249,900 followers on the social media platform X that the low cap memecoin Myro (MYRO) is offering an opportunity […]
Cryptocurrency analyst Kevin Svenson is saying that Bitcoin (BTC) could skyrocket by triple digits from the current level. Svenson tells his 73,500 followers on the social media platform X that based on historical precedent, Bitcoin could appreciate by roughly between 50% and 201%. “…based on the ratio of past gains gives me $95,000 as the […]
Diving into the Akash Network launch, we unveil a seismic shift in crypto with AKT’s unprecedented ascent. Turning our gaze to the Arweave price climb and its expanding role in data storage paints a bright future. Amidst these developments, BlockDAG (BDAG) is a compelling candidate for the best crypto to buy today, signalling a new […]
… cryptocurrency investments. In Germany, cryptocurrency taxes are determined by how long an investor has held their crypto. After holding crypto …
Bitcoin is still struggling to reclaim its all-time high even after staging an impressive recovery in the last day. The bounce up from $60,000 to $68,000 has no doubt reignited confidence in the market, but the cryptocurrency continues to face some challenges in its bid for a new all-time high. Outflows Continue To Rock Bitcoin […]
Hut 8’s investors who incurred significant losses due to alleged securities fraud have the opportunity to lead a class action lawsuit against the firm. The period in question spans from November 9, 2023, to January 18, 2024, during which Hut 8 Corp. is accused of withholding crucial information from investors. Investors’ Claims According to the […]
The Stratum Reference Implementation (SRI) team has unveiled SRI 1.0.0, a new milestone in their journey to decentralize and optimize bitcoin mining, according to a press release sent to Bitcoin Magazine. This latest release is now available for immediate testing and seamless integration. Some key highlights of SRI 1.0.0 include: Miners can connect to SV2 pools without […]
Avalanche Foundation, the non-profit organization behind the Avalanche ecosystem, has launched the first phase of a $1 million liquidity mining incentive program dubbed Meme Coin Rush. According to an announcement seen by CryptoPotato, the first phase has been kicked off with participation from liquidity management and decentralized market-making platform SteakHut and decentralized exchange Trader Joe. […]
Bitcoin (BTC) has staged a sharp recovery rally after finding crucial support, providing relief for crypto bulls. The world’s largest cryptocurrency is back above $67,000 at the time of writing, regaining ground after the recent selloff. Riding bullish sentiment of its own is the Green Bitcoin (GBTC) project, which has now raised over $7 million […]
Coinbase founder and CEO Brian Armstrong is saying that Ethereum (ETH) is a commodity under US federal law just like Bitcoin (BTC). The classification is an important one as the U.S. Securities and Exchange Commission (SEC) is considering several applications to launch ETH exchange-traded funds (ETFs). The SEC approved ETFs for Bitcoin earlier this year. […]
TL;DR Bitcoin ETFs in the United States have experienced three consecutive days of net outflows, totaling $742 million during that period. The Grayscale Bitcoin Trust (GBTC) has been the main contributor to these outflows, with $386.6 million. Despite the outflows from Bitcoin ETFs, the price of BTC has shown a 4.75% increase in the last […]
Key points of the news The Avalanche Foundation launches Phase 1 of Memecoin Rush, a liquidity mining incentive program. The goal is to scale liquidity and promote momentum in the community coin ecosystem. SteakHut and Trader Joe are the first participants, offering trading strategies and adding liquidity for certain community tokens. The Avalanche Foundation has […]
Dogecoin (DOGE) whale volume tops $5.2B, will this trigger price surge?
N26 launches its new cryptocurrency trading product. Already available in 7 of its 24 European markets, N26 Crypto will launch in France.
After a stunning retrace, Bitcoin witnessed a notable recovery as Wednesday closes rising from the $61,000 price mark to $67,000, triggering hopes within the cryptocurrency community that a bullish movement might be imminent. However, the crypto asset has not exactly returned to the point it was a week ago, especially since BTC reached a new all-time […]
Anthony Pompliano views recent Bitcoin dip as minor, emphasising its significant long-term growth over the S&P. He highlights Bitcoin’s inherent volatility, tied to its status as a top-performing asset. Pomp compares investing in meme coins to gambling, noting their appeal and high-risk nature. Anthony Pompliano made some comments on the recent market pullback, speaking to […]
In the vast expanse of the cryptocurrency market, meme coins have carved out their niche, captivating investors with their unique blend of culture, humor, and potential for significant returns. Among these, Floki (FLOKI) has stood out as a favored choice for many, drawing inspiration from the wider world of internet memes and the influence of […]
Palladium and Botanix Labs have announced the launch of a new stablecoin, PUSD, on Bitcoin’s first EVM-equivalent Layer 2 network, according to a press release sent to Bitcoin Magazine. The PUSD stablecoin, developed by Palladium Labs, boasts a unique feature of being over-collateralized by 110%, a strategic measure aimed at enhancing its resilience against potential […]
The crypto analytics firm Glassnode believes Bitcoin (BTC) is now entering a period of market correction and price volatility after a massive rally this year. In a new YouTube video, the analytics firm says key indicators suggest Bitcoin is “taking a breather” as holders are selling off for profits after the crypto king soared 175% […]
MicroStrategy continues to gobble up Bitcoin (BTC) amid the ongoing crypto bull market. MicroStrategy co-founder Michael Saylor says the firm used the proceeds from convertible notes and excess cash to buy an additional 9,245 BTC for approximately $623 million, at an average price of $67,382 per Bitcoin. The company now owns 214,246 BTC, which it […]
Contrary to the perception that decentralized applications (dapps) are unstoppable, many are “reliant on centralized middleware components in the extreme.” James Bayly, COO at Subquery, argues that such an overreliance on centralized middleware components or their providers “completely undermines [the] supposedly decentralized applications and networks.” The Value of Centralization in Web3 However, in his written […]
Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which […]