February 23, 2024 – British Virgin Islands Polkaswap upgrades to a hybrid exchange by launching a fully decentralized on-chain order book that will function alongside the established AMM swap. This sets a new standard in DeFi (decentralized finance) by offering a comprehensive view of market liquidity, real-time updates and advanced trading strategies. The decentralized on-chain […]
TL;DR Bitcoin is expected to reach $63,000 by March 2024, according to a report from Matrixport. The recent approval of BTC ETFs has generated significant interest in these financial products, with a daily trading volume reaching almost $2 billion last week. The upcoming BTC Halving is scheduled for this year, expected to continue the historical […]
“`html. Summary. Retik Finance (RETIK) is positioned as the next big opportunity in the cryptocurrency market, drawing attention from investors …
It has been 43 days since the debut of the spot bitcoin exchange-traded funds (ETFs) on the American stock market, and in this time, the nine newly launched bitcoin ETFs have accumulated 287,315 bitcoins, valued at approximately $14.6 billion. Leading the pack is Blackrock’s IBIT, boasting a staggering 126,950.12 bitcoins on its balance sheet. Bitcoin […]
Reddit has diversified its investment strategy by acquiring Bitcoin and Ethereum
Filecoin (FIL) has been among the top gainers during the current market rally. Throughout February, FIL has shown a formidable performance fueled by the bullish momentum and its partnership with a major blockchain. This performance has analysts and important crypto actors predicting a potential bullish run around the corner for the decentralized storage network’s native […]
Financial documents submitted by Reddit as part of its application to go public reveal the company owns Bitcoin, Ether and Polygon. The revelation makes Reddit one of only a small number of companies known to have directly invested in cryptocurrency. Reddit is expected to launch its IPO in March of this year. Social media company, […]
While the trial about Craig Wright being Bitcoin founder Satoshi Nakamoto is inconclusive thus far, new information has emerged. Emails between Nakamoto and Adam Back, another cryptographer, have now been entered into court records. In these emails, they discuss Bitcoin and other related concepts just months before the official BTC launch. The trial COPA vs […]
The cryptocurrency community celebrated a significant milestone as Ethereum’s market value surpassed $3,000 for the first time since April 2022. However, the jubilation was short-lived as the broader market experienced a drop over the past 24 hours, signaling a period of volatility. #Crypto's celebration of #Ethereum's market value exceeding $3K was brief after a market-wide […]
Bulgarian football club Botev Plovdiv, the oldest football club in Bulgaria, has taken another step towards embracing Bitcoin and accelerating grassroots adoption of the digital currency in a strategic partnership with JAN3, a leading technology company focused on expanding access to Bitcoin. Botev Plovdiv aims to become the premier Bitcoin-native sports club, according to a […]
The top lending platform in decentralized finance (DeFi) is now on the BNB Chain. In a thread on social media platform X, BNB Chain says money market protocol Aave (AAVE) is now integrated into its network. “We’re thrilled to announce that Aave, the largest DeFi money market protocol, has officially joined the BNB Chain ecosystem. […]
MicroStrategy co-founder and executive chairman Michael Saylor believes Bitcoin (BTC) will continuously receive inflows of capital from traditional assets. In a new Bloomberg interview, Saylor predicts Bitcoin will draw money away from the multi-trillion dollar market caps of gold and real estate as it emerges as a better-performing asset. “I’ve famously said I’m going to […]
Bitcoin tried its hand at taking down the $52,000 level yesterday but failed in its tracks and has been pushed down by a grand. Most altcoins have retraced even more in the same timeframe, with LINK, UNI, and ICP leading the adverse trend. BTC Fails at $52K Bitcoin had a highly favorable few weeks until […]
Cryptocurrency exchange Kraken has filed a motion to dismiss the lawsuit brought forth by the US Securities and Exchange Commission (SEC). The lawsuit, initiated following Kraken’s vocal testimony before Congressional committees, has ignited a debate about the boundaries of regulatory authority. Kraken’s Defense Against SEC Allegations Kraken’s testimony, delivered on May 10, 2023, underscored its […]
Cryptocurrency miners have their sights set on Texas due to competitive energy costs, tax subsidies, incentive programs and some city leaders who …
TL;DR Polygon Unlocks Tokens: Polygon, an Ethereum scaling solution, has completed its token unlocking phase with the release of a final cache of 273 million MATIC tokens on February 22, 2024. Impact on MATIC’s Price: The release of tokens led to a 6% drop in MATIC’s price on the final day of unlocking, but the token is […]
TL;DR Solana NFTs: $5B in total sales, marking explosive growth. December 2023: Second month with the most sales ($365M) in the history of native NFTs. SOL: Reaches $121.45 on December 26, 2023, boosting the NFT market on the project. The non-fungible token (NFT) market on the Solana network has seen phenomenal growth in recent months, […]
In the unfolding lawsuit between the Crypto Open Patent Alliance (COPA) and Craig Wright, three key witnesses who had early interactions with Bitcoin’s creator, Satoshi Nakamoto, provided their testimonies. Among them were early Bitcoin developers Martti Malmi and Mike Hearn, as well as Adam Back, the creator of Hashcash, the proof-of-work (PoW) algorithm integral to […]
Crypto.com enhances Shiba Inu trading with the rollout of strike options
Ethereum price is struggling below the $3,030 resistance. ETH is consolidating and might start a downside correction below the $2,930 support. Ethereum struggled to stay above the $3,000 level and corrected lower. The price is trading above $2,930 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at […]
BitMEX co-founder Arthur Hayes believes two catalysts could send Bitcoin (BTC) soaring to a massive all-time high. In a new analysis, Hayes says that the recently launched spot Bitcoin exchange-traded funds (ETFs) are accumulating the crypto king at a significant enough rate to cause bullish momentum. He also believes that the ETF accumulation plus possible […]
An artificial intelligence (AI)-focused altcoin is skyrocketing as tech giant Nvidia’s profits leap by triple digits. According to a press release detailing Nvidia’s Q4 financial report, the AI chipmaker hauled in a revenue of $22.1 billion during Q4, up 23% from Q3 and 265% from a year ago. News of Nvidia’s success preceded blockchain-based decentralized […]
Since its inception over 15 years ago, Bitcoin has captured the imagination of libertarians, anarchists, and a variety of other advocates of individual liberty and financial sovereignty. To them, Bitcoin represented a revolutionary challenge to State-controlled money and authority. As such, it has come to symbolize a disruptive shift toward greater freedom and autonomy for […]
Sam Altman’s $7 Trillion ask could provide capital to AI crypto opportunities Sam Altman is seeking a whopping $7 trillion for GPU chip production, primarily to support the burgeoning demand for generative artificial intelligence (GenAI). A potential injection of this size to support AI innovation has the potential to create a serious super-bubble. GPUs are […]
Crypto tokens and projects related to the recent AI hype are gaining traction based on recent developments. While AI does not necessarily require crypto integration, some applications may benefit. However, any investment here is highly speculative and requires a lot of due diligence and research. Bitcoin and other major digital assets have been in sideways […]
Whale activity has been a mixed bag lately, with some whales opting to buy while others choose to sell, all in pursuit of capitalizing on recent market movements. Among the largest cohort of whales, those holding between 1,000 and 100,000 BTC, there’s a discernible trend of accumulation, typically associated with bullish market sentiment. These significant […]
TL;DR SHEboshi NFTs, associated with Shiba Inu (SHIB), sold out in under three hours post-launch, with all 20,000 collectibles claimed before the public minting phase. Initially set at 0.05 ETH each, the SHEboshi NFTs now have a floor price of 0.175 ETH on OpenSea. The popular meme coin Shiba Inu (SHIB) blasted through another huge milestone, this […]
The government of Argentina is reportedly preparing to regulate cryptocurrency service providers via executive order.
Popular crypto wallet MetaMask is seeing a surge in active users. In a statement, MetaMask developer Consensys says that the wallet’s monthly active users (MAU) grew from 19 million to over 30 million between September 2023 and January 2024, representing an increase of over 55%. The current number of monthly active users nearly matches Metamask’s historical […]
The government of Argentina is reportedly preparing to regulate cryptocurrency service providers with an executive order. The measure would be directed to keep Argentina out of the Financial Action Task Force (FATF) gray list, putting crypto service lenders under the oversight of the local securities watchdog. Argentina Reportedly Set to Regulate Cryptocurrency Service Providers by […]
Shiba Inu burn rate is on rise, with expected shift in SHIB’s price
Cardano (ADA) is correcting gains from the $0.642 resistance zone. ADA could start a fresh rally if it stays above the $0.5550 support zone. ADA price is showing a few bearish signs below the $0.600 level. The price is trading above $0.5550 and the 100 simple moving average (4 hours). There was a break below […]