A crypto strategist who nailed the Bitcoin’s (BTC) price floor during the 2018 bear market thinks Solana (SOL) is gearing up for a steep move to the upside. Pseudonymous analyst Bluntz tells his 234,400 followers on the social media platform X that Solana appears to be forming a bullish reversal pattern on the one-hour chart. […]
Michael Saylor, executive chair of MicroStrategy, has initiated a significant stock sale of about $216 million worth of shares
Bitcoin, the pioneering cryptocurrency, has been a subject of global fascination and debate since its inception in 2009.
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. “Economics I think is sort of like accounting — you know, it doesn’t immediately have any morals. You could go into welfare economics, you try to think […]
The recent flash crash of Bitcoin from over $45,500 to as low as $41,100 has sent shockwaves throughout the crypto community, sparking debate over the underlying causes. While some have attributed the crash to unconfirmed rumors that the US Securities and Exchange Commission (SEC) might, after all, not approve Bitcoin ETFs in January, The Wolf […]
TLDR: Chainlink (LINK) is expected to continue correction and drop below $15. Near Protocol (NEAR) is predicted to leave accumulation and surge above $5. Rebel Satoshi ($RBLZ) aims for a $100 million market cap with 100% already during the presale. With one of the top altcoins, Chainlink (LINK), making a new yearly high, investors have […]
Goldman Sachs is reportedly exploring the possibility of serving as an authorized participant for BlackRock and Grayscale’s proposed spot Bitcoin exchange-traded funds (ETFs), Coindesk reported, citing unidentified sources. This potential involvement signifies a shift among big US banks traditionally steering clear of direct cryptocurrency engagement. Goldman Sachs Joins Spot Bitcoin ETF Giants This move positions […]
The trader who accurately called the 2021 crypto market crash says that Bitcoin (BTC) is likely gearing up for a sudden rally. Pseudonymous analyst Dave the Wave tells his 143,500 followers on the social media platform X that Bitcoin’s price action on the monthly chart has touched upon a key support level on the Gaussian […]
Coinbase’s country director for Singapore, Hassan Ahmed, is saying that there are two upcoming catalysts that portend a bullish outlook for Bitcoin (BTC) in 2024. Ahmed says in a CNBC interview that Bitcoin will see a potential increase in demand while at the same time experiencing a fall in the supply. “So this spot Bitcoin […]
Tether’s total assets are not far away from $100 billion following a monumental rise over the past six years. The current figure for the firm’s total assets is $95.2 billion, according to its transparency report. Of that amount, $92 billion is in the dollar-pegged stablecoin, USDT. Tether Keeps Growing On Jan. 3, Tether and VanEck […]
The cryptocurrency market is in suspense before the imminent decision of the United States Securities and Exchange Commission (SEC) on Bitcoin exchange-traded funds (ETFs) . Detailed analysis by Matrix on Target suggests that despite optimistic expectations and meetings between applicants and the SEC, all Bitcoin ETF proposals are likely to be rejected in January due […]
The cryptocurrency market recently experienced a significant setback, with Bitcoin leading a notable downturn. After starting the year on a positive note, BTC underwent a dramatic 6% plunge in just one hour, dropping below $42,500. This abrupt turn of events occurred after the leading cryptocurrency surpassed $45,000 the day before, marking its highest point since […]
Despite recent turbulence in the crypto market, leading financial institutions remain bullish on Bitcoin’s future, as noted in their predictions. As 2024 begins, these organizations project significant growth for Bitcoin, with price predictions ranging from a moderate increase to $80,000 to a staggering surge beyond $600,000. Messari: Bitcoin Could Reach Parity with Gold Messari, a […]
The crypto community has been stirred with confusion and speculation over the recent Bitcoin exchange-traded fund (ETF) filings with the United States Securities and Exchange Commission. “My understanding here is that this is just a securities registration. In order to list the ETF still needs a 19b-4 approval and they need an effective/approved/completed S-1 document,” […]
Jim Cramer has recently expressed strong confidence in Bitcoin, arguing it is “here to stay” despite previous skepticism
Once installed, it will try to automatically drain the targets' cryptocurrency wallets. However, the Phantom Wallet now warns that the scammers' …
Today, Collect & HODL Co, a subsidiary of ProSnacktive Sales LLC, in collaboration with the renowned toy company Duncan Toys, has announced the launch of a Limited Edition, first ever Bitcoin-themed Duncan Butterfly XT Yo-yo, per a press release sent to Bitcoin Magazine. The Yo-yo, symbolizing the market’s ups and downs akin to Bitcoin’s fluctuations, aims to […]
XRP YouTuber Moon Lambo has hit out at those who believe that the XRP price could be worth $20,000 in the future. The analyst believes that this price level is unattainable for the crypto token as he highlighted reasons why he holds this belief. Why The XRP Price Cannot Rise To $20,000 In a video […]
Crypto phishing scams facilitated the theft of more than $295 million worth of assets in 2023, according to the cybersecurity firm Scam Sniffer. In a new analysis, Scam Sniffer notes that phishing websites employ a type of crypto-malware known as “wallet drainers” that trick victims into greenlighting malicious transactions. Roughly 324,000 crypto holders fell victim […]
Exactly fifteen years ago, an anonymous figure named Satoshi Nakamoto mined the Bitcoin genesis block, containing the first 50 BTC ever created. The anonymous mastermind behind the cryptocurrency, could not have anticipated the experiment’s evolution into a global phenomenon and a trillion-dollar asset class. Bitcoin’s 15th anniversary occurs at a critial time, with its price […]
After ending last year in red, LTC found support and bounced off a key level to start the new year on a strong note. But it quickly lost buzz and now looks weak on a daily outlook. It lost 1% in the last 24 hours. Litecoin went through some hurdles in the last quarter of […]
Cross-chain lending protocol Radiant Capital has suffered a hack resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million, according to blockchain security and analytics firm PeckShield Inc. Radiant Capital operates as a decentralized borrowing and lending protocol featuring cross-chain functionality built using LayerZero technology. As of the latest data from DefiLlama, the […]
With Bitcoin already at 21-month high, Matrixport’s forecast creates intrigue
Scammer steals more than $45,000 from resident cryptocurrency account: Brecksville Police Blotter · Updated: Jan. 03, 2024, 7:58 a.m. | · Published: Jan …
In a flash, nearly $200 billion in value was wiped out of the cryptocurrency market today in a larger selloff driven by rumors that pending Bitcoin ETF approvals could end up denied by the SEC. Despite the carnage across crypto today, this could be the moment dip buyers have been waiting for. Recapping The Crypto […]
Singapore In a landmark move that promises to reshape the contours of the cryptocurrency trading landscape, OANDA, a renowned global leader in online multi-asset trading services and currency data, has announced its acquisition of Coinpass. This acquisition amplifies OANDA’s commitment to diversifying its offerings and solidifies its foothold in the burgeoning digital currency market. The […]
After a strong start to the year, Bitcoin (BTC) and altcoins are weathering a sharp correction which has caused over $670 million in liquidations in mere hours. According to crypto exchange data platform Coinglass, traders have suffered $670 million worth of liquidations in the last 24 hours, with the overwhelming majority being traders who were […]
American television personality and former hedge fund manager Jim Cramer has changed his stance towards crypto and Bitcoin yet again. In a flip to a more bullish perspective, he may have just jinxed the rally that has seen BTC hit its highest price for almost two years. CNBC’s “Mad Money” host and crypto perma-bear has […]
Taiwan’s Financial Supervisory Commission (FSC) has issued a directive, instructing banks to deny virtual asset providers (VASPs) the status of merchants for credit card transactions. This move signals Taiwan’s cautious approach to cryptocurrencies, creating a significant ripple in the global financial landscape. As a result, credit card usage for cryptocurrency purchases is effectively blocked in […]
An Ethereum (ETH)-based altcoin is exploding in value after ETH founder Vitalik Buterin said the project is vital to the crypto ecosystem. Buterin tells his five million followers on the social media platform X that all layer-2 (L2) projects should integrate with Ethereum Name Service (ENS), a platform that lets users buy a “domain name” […]
A Chinese state-owned newspaper has warned that corrupt officials could be funneling crypto into cold storage to avoid investigations. Legal Daily, a media outlet directly under the control of the Chinese Communist Party (CCP), notes in a new report that experts at the China Integrity and Legal Research Association’s 2023 annual meeting drew attention to […]
Following latest breakout in Bitcoin’s price, some altcoins recovered well from their recent lows, with Solana rising by 5% today. It encountered resistance and quickly washed gain within a blink. Solana took a small break in bullish last week after witnessing a massive price explosion in the preceding weeks. This culminated into small weakness in […]