Bitcoin’s all-time high near US$100k sees resistance as the rally comes to a slow-down. MicroStrategy’s recent Bitcoin purchases contrast with fears of a large-scale sell-off due to the US government moving US$2 billion worth of Bitcoin to exchanges. A golden cross indicator suggests a significant market rally could occur by early 2025, driving Bitcoin towards […]
The US government yesterday transferred 19,800 BTC, valued at just under US$2 billion, to Coinbase Prime, potentially indicating a plan to sell. The BTC are part of a huge haul the US government seized as part of its criminal proceedings against the now-defunct illicit online marketplace, the Silk Road. Historically large government sales of Bitcoin […]
The cryptocurrency market has grown exponentially, and meme coins are no longer just a playful trend—they’re serious investment opportunities. These coins have the unique ability to unite communities, stir emotions, and deliver massive returns. While the crypto market consolidates and prepares for its next big wave, savvy investors are looking for the best new meme […]
Pump.fun, the popular Solana-based meme coin launchpad, has seen its fortunes plummet following a series of alarming incidents tied to its livestream feature. The platform seems to be grappling with the fallout from a decision to temporarily pause its livestream function after users broadcast disturbing content in a bid to pump their tokens’ values. Weekly […]
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines how Brazil might frontrun the U.S. to become the first nation to enact strategic bitcoin reserve regulations and its possible repercussions on BRICS nations’ economic policies. Latam Insights Encore: Brazil’s Hypothetical Strategic […]
Argo Blockchain, the publicly listed Bitcoin miner from Wall Street (NASDAQ: ARBK) and London (LSE: ARB) has secured £4.2 million ($5.3 million) through a share subscription. The BTC mining company issued approximately 76.9 million new ordinary shares at 5.5 pence per share to an institutional investor. Wall Street Bitcoin Miner Argo Blockchain Raises £4.2M in […]
Popular quant analyst PlanB is doubling down on his prediction that Bitcoin (BTC) will surge to an astronomical value in the current bull market cycle. In a video update, the pseudonymous analyst tells his 188,000 YouTube subscribers that his stock-to-flow (S2F) model indicates Bitcoin may soon soar anywhere between $250,000 and $1 million. His stock-to-flow […]
Digital assets manager CoinShares says institutional investors have now allocated nearly $40 billion to crypto products this year. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in net inflows that brought yearly flows to $37.3 billion last week, a new record. “Digital asset investment products […]
Cryptocurrency firms in South Korea would have some breathing room before they start paying capital gains tax as the government decided to delay …
XRP price is up over 50% and trading well above $2.50. The price is consolidating near $2.70 and might aim for more gains above the $2.80 level. XRP price is eyeing a fresh increase above the $2.80 resistance zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is a […]
Crypto exchange executives said growing regulatory clarity and high hopes after US President-elect Donald Trump’s win contributed to high trading volumes in November.
Altcoins are reclaiming serious pace, entering new growth stage
A crypto strategist who nailed the pre-halving Bitcoin (BTC) correction earlier this year says altcoins will likely rip once this large-cap coin takes center stage. Pseudonymous analyst Rekt Capital tells his 517,800 followers on the social media platform X that a bullish Ethereum (ETH) would be very favorable for the altcoin market. “An ETH breakout […]
WisdomTree filed with the US Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF) today (Monday). This makes WisdomTree the fourth company in the US to submit a Form S-1 for a spot XRP ETF. The new fund, called the WisdomTree XRP Fund, aims to give investors exposure to XRP’s price […]
TL;DR Hedera (HBAR) has recorded a 516% increase in its value over the past month, reaching $0.278 after a 47.5% surge in the last 24 hours. The rise of HBAR is due to factors such as potential strategic partnerships, including integration with the FedNow payment system from the Federal Reserve and the application for an […]
TL;DR Digital asset investment products saw inflows of $270 million last week, reaching an annual record of $37.3 billion. Bitcoin experienced outflows of $457 million due to profit-taking after touching $100,000, while Ethereum saw inflows of $634 million. XRP received inflows of $95 million due to growing interest in its potential inclusion in a U.S. […]
Meme coins are on fire this December, and the crypto world can’t get enough of them. Whether it’s their quirky branding, loyal fanbases, or the sheer thrill of watching them go viral, meme coins continue to dominate the scene. And this month, one presale, in particular, is making serious waves—BTFD Coin is taking centre stage, […]
Japanese cryptocurrency exchange DMM Bitcoin will cease operations by March 2025 following a hack that resulted in losses exceeding $300 million. This decision follows months of recovery efforts that ultimately failed to restore the platform’s viability. DMM Bitcoin to Transfer All Assets to SBI VC Trade According to a report from Nikkei Asia, the exchange […]
A $113 billion asset manager has filed to launch a spot XRP ETF as the crypto’s value skyrockets over 400%, solidifying its third-largest rank. XRP ETF Proposal Filed by $113B Global Asset Manager for SEC Approval Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the […]
Regarding this cryptocurrency, the fund manager explains: “XRP is a native digital asset of the XRP Ledger (XRPL), a decentralized, permissionless, …
Bitcoin, the world’s leading cryptocurrency, appears to be on the brink of a potential sharp rise. According to a CryptoQuant analyst, Crypto Dan, the market could experience a significant upward trend within the next two months. This insight, shared on the CryptoQuant QuickTake platform, is based on a critical market indicator that has historically signaled […]
The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021.
The chief technology officer of Ripple Labs says that the government needs to address the alleged unconstitutional unbanking of many crypto and tech founders. In a new thread on the social media platform X, Ripple CTO David Schwartz accuses the government of pressuring banks to cancel unfavored individuals and businesses with no evidence that they […]
A new animal-based memecoin is surging to start the week, as Coinbase adds the crypto asset to its listing roadmap. Moo Deng (MOODENG), a crypto asset honoring the baby hippo who became an international sensation, soared 108% as the top US crypto exchange made the announcement. The Solana-based memecoin is now up 59% at time […]
We can’t live in a world where somebody starts a company that’s a completely legal thing, and then they literally [] get sanctioned [] and embargoed by the United States government through a completely unaccountable [process] by the way. No due process. None of this is written down. There’s no rules. There’s no court, there’s […]
Bitcoin miners reported significant profits in November due to the rally in prices and increased transaction fees. While still below pre-halving levels, the cryptocurrency mining sector experienced a notable uptick, with publicly listed miners’ market caps jumping substantially, according to JPMorgan. Bitcoin’s Recent Gains This boost came as Bitcoin reached new heights, with transaction fees […]
After surging over 330% in a six-week span, Dogecoin (DOGE) has been navigating a period of consolidation, maintaining a sideways trajectory for the past three weeks. This remarkable rally was initially propelled by speculative bets on Donald Trump’s victory in the US presidential election, colloquially referred to as the “Trump trade.” Following Trump’s electoral success, […]
Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision.
Denver, USA, December 2nd, 2024, Chainwire Dai Lo is thrilled to announce the successful acquisition of Fractal, which marks a pivotal moment for the future of blockchain technology and privacy innovation. After months of strategic discussions, the acquisition, completed for an undisclosed amount, positions The Dai Lo to harness Fractal’s groundbreaking ZK technology and revitalize its vision […]
XRP broke the US$2 mark, gaining 350% in 30 days, with a market cap of US$130B. Speculative activity in derivatives is at an all-time high, too. The surge can be attributed to several factors: Gary Gensler stepping down as SEC chair, Ripple’s legal progress, and developments in the XRP Ledger ecosystem. It’s not all sunshine […]
Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges with card services, including fluctuating exchange rates, chargeback fraud, and insufficient funds. While some fintechs blame provider issues, others cite high costs and limited revenue […]