A trader who accurately called Bitcoin’s (BTC) 2018 bear market bottom says he’s bullish on two memecoins. Pseudonymous analyst Bluntz tells his 240,800 followers on the social media platform X that the Solana (SOL)-based meme token dogwifhat (WIF) has been printing bullish higher low setups each time the asset completes a three-wave corrective move. Bluntz […]
The nine newly created spot Bitcoin (BTC) exchange-traded funds (ETF) broke their all-time volume record on Monday, according to Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence. Balchunas notes the ETFs registered $2.4 billion in volume on Monday, topping their big first day and doubling the recent daily average. Blackrock’s iShares Bitcoin Trust (IBIT) […]
Popular Bitcoin analyst believes major Bitcoin price will rebound after approaching BTC halving
The valuation of one particular cryptocurrency spiked after Coinbase added it to its “roadmap,” indicating potential future listing. Such …
[PRESS RELEASE – Cayman Islands, Cayman Islands, February 27th, 2024] Solutions for Bitcoin Scaling: The paper presents a range of technological solutions aimed at scaling the Bitcoin ecosystem without altering its foundational base layer Beyond Layer 2: Highlighting the limitations of existing Bitcoin layer 2 solutions, the paper argues for a novel approach that builds […]
Average Aussie Bitcoin investor now up 72% Only the unlucky few who bought Bitcoin in March, April, October or November 2021 are nursing losses Record fast inflows into Bitcoin ETFs have seen Aussie Gen Xs, Millennials and Gen Zs flood back into the market A majority of Australia’s 3.5m Bitcoin investors are finally back in […]
On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second quarter. Hut 8 further unveiled a new treasury strategy that utilizes its bitcoin holdings to fund the company’s growth efforts. Hut 8 Leverages […]
By Tim Ogilvie, Global Head of Institutional In crypto, there’s no substitute for experience. Institutions need a dedicated and experienced partner: one that’s innovative and flexible enough to offer solutions that suit the growing needs of institutions as they adopt, manage and scale their crypto practices. That’s where Kraken Institutional comes in. Made up of […]
The current EIA Emergency Cryptocurrency Mining Facilities survey held by injunction would require monthly reporting of information from mining facility operators through July 31, 2024. This survey would require the collection of information such as the power price with the power provider, the amount of electricity available under their purchase agreement, the amount of power […]
The cryptocurrency exchange Crypto.com and BTG Pactual have partnered to boost banking services in Latin America. This collaboration aims to bridge traditional finance with the digital economy for millions of customers across the region. This partnership involves the integration of BTG DOL, BTG’s proprietary stablecoin pegged 1:1 to the US dollar, by Crypto.com. Launched with […]
Bitcoin, the largest cryptocurrency asset by market cap, suddenly took off on Monday, reaching the $57,000 price mark for the first time in the last 26 months, prompting several predictions of a new all-time high before the end of 2025. Bitcoin Could Hit $200,000 Before 2025 Closes Amid the recent market surge, cryptocurrency analyst and […]
TL;DR DWF Labs announces its commitment to acquire $10 million worth of FLOKI tokens as part of its investment strategy in the crypto market. The relationship between both parties began in May 2023, when DWF Labs acquired $5 million worth of tokens, significantly contributing to the adoption and utility of Floki in the industry. This […]
TL;DR Increased Speculation: Glassnode, a leading blockchain analytics company, reports a rise in speculative activity in the Bitcoin market, with investors showing an increased willingness to take risks. Short-Term Trading Dominates: Exchange inflow volumes are nearing peak levels, driven primarily by Short-Term Holders, indicating a strong interest in speculation and trading. However, this comes with […]
Ethereum’s price surge above the $3,000 mark signals a promising trajectory for further growth in the cryptocurrency’s value. Recent data from intotheblock reveals a significant uptick in Ethereum supply staked, reaching 25% last week. This surge in staked Ethereum is attributed to a substantial portion flowing into restaking protocols, reflecting growing confidence in Ethereum’s long-term […]
Bitcoin’s meteoric rise to $200,000 is on horizon, fueled by Peter Brandt’s bullish forecast
Evolution of Cryptocurrency. DigiCash and B-Money, among others, were some of the earliest experiments in cryptocurrencies. When Bitcoin made its …
Ethereum has witnessed a notable surge in the past week as its Layer 2 TVL nears the $30 billion milestone with sustained momentum. As shown by L2Beat, the cryptocurrency, second only to Bitcoin in market capitalization, has shown an upward trajectory. It is worth highlighting that assets and tokens associated with its ecosystem have also […]
Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, would address the fragmentation of the current payment system outside the West’s “unfriendly infrastructure.” Russia Hints at Using CBDC […]
Today, Jack Mallers, the CEO of Strike, has announced the expansion of Strike’s suite of Bitcoin services into several African markets. I just published Announcing Strike Africa Today, we are launching Strike Africa, expanding our full suite of #Bitcoin services into Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia with more markets to […]
The Bitcoin Fear & Greed Index has risen to its highest level in almost three years, hitting Extreme Greed at rocket speed. Using past performance and indicators, it is possible to deduce where the BTC price is headed next after reaching this new milestone. Bitcoin Fear & Greed Index At New 2-Year High The Bitcoin […]
HodlX Guest Post Submit Your Post Last year was a rollercoaster for crypto. There were aggressive regulatory actions, high-profile criminal convictions and shocking thefts. And yet – the total cryptocurrency market capitalization rose to over $1.4 trillion in 2023, a year-over-year growth of over 70.7%. New users and institutions are getting involved. Throughout 2023, the […]
Ethereum’s Dencun upgrade is expected to go live on March 13, introducing ‘proto-danksharding’ and potentially dramatically reducing gas fees. Asset manager Grayscale said the upgrade would mark Ethereum’s “coming of age” and could spark a new era of renewed growth for the smart-contract platform. Others argue the upgrade alone won’t be enough to solve the […]
Bitcoin has exploded in the past 24 hours, jumping 10% to hit USD $56K. This is Bitcoin’s highest price since November 2021, when it reached its previous all-time high. Analysts believe that there are several key resistance levels for BTC to break before it can etch a new ATH. Meanwhile, some traders believe this rally […]
The cryptocurrency exchange Kraken has introduced a new platform customized for institutions, asset managers, hedge funds, and high net-worth individuals. Dubbed Kraken Institutional, this platform consolidates various products and services offered by the exchange to address the needs of institutional clients following the surge in crypto exchange-traded funds (ETFs). Tim Ogilvie, the Global Head of […]
Mixed dynamic raises some concerns
Here's the answer to "Which blockchain feature allows users to prove ownership of a certain amount of cryptocurrency without revealing their …
TL;DR Parcl’s Massive Airdrop: Parcl, a real estate digital investment platform on the Solana blockchain, plans to launch a massive airdrop of its PRCL tokens in April, distributing between 7% and 8% of the total token supply to early adopters. PRCL Tokens and the Parcl Ecosystem: The PRCL tokens will serve multiple purposes within the […]
TL;DR MicroStrategy’s official account on the X platform was compromised by hackers, resulting in a loss of over $440,000 in cryptocurrencies. Hackers distributed malicious links promoting a fake “airdrop” of a token called “MSTR,” directing users to a fraudulent website mimicking MicroStrategy’s legitimate platform. So far, the company has not provided statements regarding the incident. […]
The year 2024 holds a mix of potential scenarios for Bitcoin, influenced by several key factors including institutional adoption, the halving event, regulatory developments, and global economic conditions. In 2023, the cryptocurrency space faced challenges, notably with Binance and its CEO Changpeng Zhao entangled in legal disputes with the U.S. Commodities Futures Trading Commission. Initially, […]
TL;DR Bitcoin’s price recently soared above $56,000, with predictions suggesting a further surge to new all-time highs due to the halving event and investor sentiment. Bullish market indicators, such as negative exchange netflows and rising futures open interest, hint at increased confidence and trading activity in BTC. BTC’s Odds to Skyrocket The price of Bitcoin […]
A man in Australia has reportedly disappeared after a crypto exchange mistakenly sent his account more than $585,000. According to a new Australian Broadcasting Corporation (ABC) report, cryptocurrency trading platform Rhino Trading Pty Ltd, which operates OTCPro, allegedly slipped up and added a zero to an account deposit made by 37-year-old Mildura man Kow Seng […]
Three Ethereum (ETH) whales abruptly withdrew more than $64 million worth of the second-largest digital asset from a pair of centralized exchanges in a matter of days, according to the crypto tracker Lookonchain. Lookonchain reports that one whale withdrew 14,632 ETH worth $45.5 million from Binance over six days. The whale subsequently staked all of […]