After six consecutive days of bullish momentum in the cryptocurrency markets, major tokens were trading mixed on Friday.
The demand for spot Bitcoin exchange-traded funds (ETFs) has surged since their recent approval on January 10, with BlackRock’s IBIT Bitcoin ETF leading the way. This ETF has reached impressive milestones in less than two months, attracting significant investor interest and opening doors for various market participants to invest in the largest cryptocurrency directly. As […]
New data reveals meme asset Dogecoin (DOGE) futures have reached a record-setting $1 billion worth of open interest. According to market intelligence platform Coinglass, the dog-themed memecoin has hit an all-time high of $1 billion worth of open interest, or the total number of outstanding derivatives contracts for a given asset. The data unveils that […]
[PRESS RELEASE – Grand Cayman, Cayman Islands, March 1st, 2024] Ondo launches native access to tokenized real-world assets on Sui Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, has announced that Ondo Finance’s yield-bearing stablecoin alternative is now live on the network and available for immediate use by builders, developers and […]
Around 88 days ago, on Dec. 4, 2023, a mysterious mega whale, closely watched by onchain analysts at Bitcoin.com News, made waves again by transferring 2,000 ancient bitcoins from 2010 that was confirmed in a single block. Since March 2020, this entity has relocated a whopping 16,000 bitcoins that had been dormant since the day […]
Amid global all-time highs for Bitcoin and record inflows into Spot Bitcoin ETFs, altcoins are gaining attention. Market intelligence suggests a shift with an increase in total crypto market capitalisation and a doubling in trading volume. This may be an indication of the start of an altcoin redistribution despite institutional focus on Bitcoin ETFs limiting […]
Mike Novogratz, founder of Galaxy Digital, has said that Bitcoin will eventually overtake gold in value, partly driven by baby boomer wealth pouring into spot ETFs. He said inherited wealth flowing from boomers to younger generations would further drive Bitcoin’s longer term price. In the short-term Novogratz says Bitcoin remains volatile and he expected a […]
Old school commodity trader Brandt has revealed who kept him from selling his BTC stash
TL;DR The Grayscale Bitcoin Trust (GBTC) has experienced significant capital outflows, with over $600 million and a total accumulated of approximately $8.4 billion since the fund’s inception on January 11. Other BTC ETFs recorded record inflows on the same day, collectively adding 14,934 BTC valued at $940 million. The outflow of funds from GBTC highlights […]
The infamous hacker who orchestrated the massive 2016 exploit of the crypto exchange Bitfinex has reportedly turned into a government witness. In 2022, Ilya Lichtenstein and Heather Morgan – known as the “crypto couple” – were arrested for conspiring to launder $4.5 billion worth of stolen crypto assets from the Bitfinex hack. They pled guilty […]
HodlX Guest Post Submit Your Post The European Union is poised to take a significant leap forward with the introduction of the MiCA (Markets in Crypto-Assets Regulation). Volumes have been said about transparency, utmost protection, clear regulation of stablecoins and a potential influx of investments into the crypto market. But seldom ever tackled the question […]
The Ethereum deflationary memecoin, $PEPE, has experienced a remarkable surge of over 145% in its price over the past seven days, capturing the attention of investors and enthusiasts alike. In a recent development, a smart whale identified as 0x37d has made significant moves in the $PEPE market. The whale recently deposited a staggering 1.97 trillion […]
Is Cryptocurrency Unethical? … What do Bitcoin, Ethereum, Tether, and Dogecoin have in common? They're all cryptocurrencies—digital currencies in …
Cardano (ADA), the ninth-largest cryptocurrency in the market, has experienced a significant price breakout, reaching $0.710 on Thursday for the first time since May 2022. This marks a pivotal moment for ADA as it emerges from a prolonged consolidation phase encompassing the latter part of 2023 and the initial month of 2024. With the price […]
Leonidas, the pseudonymous founder of Ord.io, an ordinals explorer, has reported one of the biggest sales of inscriptions, the so-called Bitcoin native non-fungible tokens (NFTs), to date. Leonidas stated that the second inscription on the Bitcoin blockchain had been sold for 24.48 BTC (over $1.1 million), predicting that more sales will beat this record in […]
BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has reached $10 billion in assets under management (AUM) within seven weeks of its launch on January 11. The fund now holds over 162,000 Bitcoin, making it one of the few ETFs to surpass the $10 billion mark. Spot Bitcoin ETF Performance Nate Geraci, president of the ETF […]
Gemini Earn creditors set to get huge payout on planned 1:1 refund
Twenty-Four companies have applied for licenses to operate digital asset exchanges in Hong Kong, marking a move in the city’s bid to establish a regulated hub for the industry. Notable applicants include Bybit, OKX, and Crypto.com. Hong Kong’s Bid to Become a Crypto Hub Among the list of applicants were Gate.io, HTX, and Bullish, each […]
A popular analyst is urging crypto traders to proceed with caution amid a shift in Bitcoin (BTC) whale behavior. Using data from the crypto analytics firm Santiment, Ali Martinez tells his 48,700 followers on the social media platform X that there has been a sudden, significant spike in profit-taking among BTC whales. “Over the past […]
A server overload on the popular crypto exchange Coinbase has caused a major bug in user’s accounts. Customers were logging in to view their wallet balances as “zero”, causing a wave of panic across the community. Luckily, Coinbase and CEO Brian Armstrong assured everyone that assets were safe despite the mishap, and it appears everything […]
Anthony “Pomp” Pompliano noted a significant imbalance between demand and supply driving up Bitcoin’s price. Pomp noted the current investment trend in Bitcoin is sustained by hundreds of millions in daily inflows into Spot Bitcoin ETFs, outstripping the daily supply. With prominent investors turning to Bitcoin amidst cash debasement and government debts, Bitcoin is seen […]
Bitcoin surged past the $61,000 mark today, edging closer to a new all-time high as spot Bitcoin ETF inflows and investor enthusiasm continues to drive up prices. The milestone comes amid increasing interest in the Bitcoin market and growing adoption by institutional investors. JUST IN: $61,000 #Bitcoin 💥🚀 pic.twitter.com/gMLqQ7inTf — Bitcoin Magazine (@BitcoinMagazine) February 28, […]
TL;DR Blast is an Ethereum layer-2 network that offers up to 5% yield on ETH and stablecoins, and uses optimistic rollups to scale transactions. Blast launched its mainnet on Feb. 29, unlocking $2.3 billion in staked crypto, but faced criticism from Paradigm’s research head for delaying withdrawals and hyping the project. Blast’s TVL dropped by […]
Gemini Trust, a prominent cryptocurrency exchange established by Cameron and Tyler Winklevoss, has agreed to refund a staggering $1.1 billion to …
Bitcoin price is correcting gains from the $64,000 resistance. BTC might find strong support near the $59,250 level or the 100 hourly SMA. Bitcoin price is correcting gains below the $62,250 resistance zone. The price is trading above $60,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend […]
Ethereum’s recent ascent to $3,483 marks a significant milestone, bringing it within 39.5% of its all-time high of $4,859 recorded on November 10, 2021. Today, the cryptocurrency registered a gain of over 4%, reflecting the bullish sentiment surrounding the digital asset. #Bitcoin has now climbed as high as $64.1K before a mid-sized retracement down to […]
Do Kwon, the embattled former CEO of Terraform Labs, is currently stranded in Montenegro due to extradition delays, following accusations by the U.S. Securities and Exchange Commission (SEC) of conducting a massive fraudulent crypto scheme. Last year, the SEC charged that from April 2018 to May 2022, Terraform and Kwon’s operations resulted in at least […]
A widely followed cryptocurrency analyst and trader is forecasting the path forward for three crypto assets. Starting with the Ethereum (ETH) competitor Avalanche (AVAX), the analyst pseudonymously known as Kaleo tells his 622,700 followers on the social media platform X that the native token of the layer-1 blockchain could go up by approximately 134% from […]
TL;DR Pepe Coin (PEPE) has experienced rapid growth, becoming a top performer in the meme coin market and challenging its competitors with a significant increase in value. Surpassing Shiba Inu’s market cap could be possible for PEPE with strategies like expanding its community, securing partnerships, and capitalizing on market trends. PEPE’s Chances Pepe Coin (PEPE) […]
Staggering amount of DOGE meme coins transferred to Binance as price staged massive increase
Marathon yesterday announced their Anduro layer two proposal. While there aren’t really any fundamentally new pieces or developments in the Anduro design, they do compose in slightly different ways compared to other existing sidechain systems such as RSK or Liquid/Elements. Anduro is a federated model that makes use of a quorum, referred to as the […]
Retail investors are still wary of the crypto industry despite Bitcoin’s return to relevance. Institutional players are largely behind the current market rally, as ETF inflows break records. Several key social metrics are lagging behind 2021 highs, including YouTube views and Google Trends. Some analysts believe the money locked up in crypto ETFs means that […]