A closely followed crypto analyst is unveiling a scenario that would devastate those who hopped on late on the Bitcoin (BTC) bandwagon. Pseudonymous trader Credible Crypto tells his 360,900 followers on the social media platform X that Bitcoin will likely leave most retail traders on the sidelines and rally just high enough to entice them […]
In a notable shift within the crypto landscape, a recent report from Matrixport, a prominent financial services firm, has provided valuable insights into the performance of publicly listed digital asset companies. The report has revealed that these entities have outperformed Bitcoin in terms of year-to-date returns. Bitcoin Soars 150% as Crypto Firms Surge by 266% […]
Charles Hoskinson, founder of Cardano, reiterated his strong stance against establishing partnerships with XRP, Ripple’s cryptocurrency. This persistent disagreement between Hoskinson and the XRP community has given rise to an interesting and often confrontational dynamic. In a recent episode of this protracted dispute, a user brought back a critical comment made by Hoskinson about XRP […]
The Commodity Futures Trading Commission (CFTC) has secured a significant legal victory as the U.S. District Court for the Northern District of Illinois greenlights the settlement against Binance and its CEO. The court officially entered a consent order. This imposed a series of penalties and injunctions against the crypto exchange and its CEO Changpeng “CZ” […]
The United States Securities and Exchange Commission is pushing back its decision on several Ether ETH $2,233 exchange-traded funds (ETFs) to May 2024. In several Dec. 18 regulatory filings, the agency delayed its decision on the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF. The Hashdex Ether ETF aims to hold both spot […]
Although the market is experiencing an enormous pullback from its month-long rally, a few outliers continue on their upward march. Stacks (STX) is one of the few altcoins that stemmed the bearish tide and even went against the grain of the market. According to Coingecko, the token is up nearly 21% in the weekly timeframe. […]
The ad spot came as the U.S. SEC is looking at multiple spot crypto exchange-traded fund applications from asset managers.
Avalanche (AVAX) outperforms majority of large-caps, jumps to pre-LUNA-collapse levels
Unveiling the Blockchain: The Subversive Backbone of Cryptocurrency. Pexels. Jon Stojan. Contributor. Story by OKX. Ever stopped to think about how …
Bitwise, the aspiring applicant for a spot Bitcoin ETF, has unveiled a captivating commercial aimed at advocating for it’s upcoming Bitcoin Exchange-Traded Fund (ETF), if approved by the Securities and Exchange Commission (SEC). “A word to the wise, from a man of few words. #bitcoinisinteresting”, Bitwise said. The commercial, appears to be targeted towards the […]
The recent surge in Ordinals inscriptions, not limited to Bitcoin alone, has sent shockwaves through various blockchain networks, notably impacting Ethereum Virtual Machine (EVM) chains with a significant increase in gas spending during the weekend. Bitcoin’s inscription phenomenon has posed a unique set of challenges, and its repercussions have extended to networks like Arbitrum (ARB). […]
Last week, bitcoin (BTC) rallied past $44,000 but hit a significant resistance level at almost $45,000 and came tumbling down. According to a report by an analyst at market analytics platform CryptoQuant, profit-taking by a certain investor cohort may have caused BTC’s price to retrace. BTC’s Short-term Retracement CryptoQuant’s analyst Yonsei discovered through an analysis […]
Revolut will temporarily halt certain cryptocurrency services for its business customers in the UK. This step is a response to upcoming regulatory changes by the Financial Conduct Authority (FCA). According to a report by City A.M., the fintech firm disclosed its decision to suspend the ability to purchase cryptocurrencies via Revolut Business starting January 3, […]
A widely followed crypto analyst believes that Bitcoin (BTC) is gearing up for a rally above $50,000 – but the move up will likely be followed by a long consolidation period. In a new strategy session, analyst Michaël van de Poppe tells his 162,000 YouTube subscribers that he thinks Bitcoin will rally to as high […]
A closely followed crypto analyst says that one Ethereum (ETH) rival that has exploded about 600% year to date is gearing up to spark another move to the upside. In a new video update, the host of InvestAnswers tells his 458,000 YouTube subscribers that smart contract platform Solana (SOL) has a lot more gas left […]
The crypto market experienced a heightened phase of instability on Monday. This has led to a substantial elimination of long positions, amounting to a notable $130 million. A liquidation takes place when traders speculate on price increases and the market trends in the opposite direction. This involves an automatic selling process to offset their positions. […]
In a significant development for the crypto finance sector, blockchain-based loans have seen a remarkable surge of 55% in 2023. The total value of these loans has rebounded to $581 million, reflecting the growing trust and adoption of blockchain technology in the financial landscape. The surge in blockchain-powered private loans comes amid a period of […]
Asset manager BlackRock is making the final adjustments to its spot Bitcoin exchange-traded fund (ETF) application. The latest move is to agree to ‘cash creations’ for fund redemptions—in line with what US financial regulators are pushing. On December 19, Bloomberg senior ETF analyst Eric Balchunas commented on BlackRock’s filing the previous day. BlackRock Bitcoin ETF […]
An analyst has revealed the level of XRP might observe a pullback following the latest rejection in the cryptocurrency’s price. XRP Has Seen Rejection At Mid-line Of An Ascending Parallel Channel As explained by analyst Ali in a new post on X, XRP has appeared to have been moving inside an Ascending Parallel Channel recently. […]
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.
Charles Hoskinson, Cardano founder and CEO of IOHK, recently shared his views on El Salvador’s Bitcoin Beach project
Bengaluru: A 37-year-old man lost a whopping Rs 76.2 lakh in alleged cryptocurrency investments in a “fraudulent” website following suggestions of …
This year has seen a massive upswing in demand for the limited space available within bitcoin blocks, leading to higher fees for on chain transactions. Much of the demand is for transactions revealing inscriptions. The contents of these inscriptions are revealed as part of the witness data1 of a bitcoin transaction. This witness data1 is […]
A crypto trader has raked in more than $1.4 million in profit within five days by purchasing millions of Dogwifhat (WIF) tokens, a dog-themed meme coin on the Solana network. According to a tweet by blockchain analysis platform Lookonchain, the trader began their WIF journey by purchasing $226,000 worth of the tokens after they were […]
A closely followed analyst says that crypto whales have gobbled up hundreds of millions of dollars worth of top altcoin Ethereum (ETH) during the last seven days. In a new thread, crypto strategist Ali Martinez tells his 36,100 followers on the social media platform X that deep-pocketed traders have accumulated tens of thousands of ETH […]
In the vast ocean of the best coins to invest in, whales are making a splash, setting their keen eyes on Cardano (ADA). Meanwhile, the bullish momentum of InQubeta (QUBE) is causing ripples in the crypto space. Let’s catch the surf and ride through the thrilling updates on these two exciting fronts. Whales Set Their […]
The Dogecoin price action has had quite a disinteresting year than most would expect from the biggest meme coin. Despite currently being up around 77% from its bear market lows of $0.053 in June 2022, the crypto has lagged compared to top cryptocurrencies like Bitcoin, Ethereum, and Solana so far in 2023. On the bright […]
The neobank will halt crypto purchases by businesses while it sorts out new ad requirements.
Since mid-November, Cosmos (ATOM) Cosmos has charted an upward course in its price trajectory. According to technical analysis in 4 Hours excerpt, bulls held firm on Cosmos, defending key supports at $6.50 – $7.00 and $8.20, propelling the cryptocurrency towards the $10 mark in late November. From that point on, a consolidation phase was observed that […]
Cryptocurrency investment firm Galaxy Digital is seeking to bolster its financial position through the acquisition of assets from struggling crypto companies. This new focus comes after Galaxy Digital was assigned the management of FTX’s crypto assets for debt settlement, tripling its assets under management from $1.7 billion to $5.4 billion. Following court approval to sell […]
A new Needham & Company (Needham) survey found that retail investors are unlikely to drive inflows into a Bitcoin (BTC) exchange-traded fund (ETF) unless Bitcoin’s price continues to increase. The asset is already up over 150% this year but may increase further ahead of the Bitcoin halving in 2024. Those who haven’t invested are also […]
The Injective (INJ) price increase led to a new all-time high of $34.64 on December 15. The INJ price has created several long upper wicks since the high. Is this a sign of an impending decrease, or will INJ push to a new all-time high? Injective Holds Above $30 The technical analysis from the weekly […]