TL;DR ApeCoin DAO has decided to develop its own ApeChain network on Arbitrum, a layer-2 Ethereum scaling solution, to handle high transaction volumes with lower fees. This decision is backed by Horizen Labs, known for its robust and secure blockchain platforms. The ApeChain network aims to expand the Ape ecosystem, providing a platform for various applications including NFTs, […]

Recently, there has been a noticeable downturn in the value of Ethereum (ETH)-based ERC-404 tokens, marking a shift in the investment landscape.  Among these tokens, Pandora (PANDORA), the most prominent ERC-404 token and a target of whale activity, has experienced a significant withdrawal.  With a decline of over 4% observed today, it appears that whales […]

Bitcoin’s upswing price movements continued in the past 24 hours, and the asset jumped past the $52,000 line. Many of the altcoins are also in the green, with XRP increasing to $0.55, while ADA has neared $0.6. BTC Climbs Above $52K The primary cryptocurrency had a strong last week as it closed it with a […]

At the time of writing, the value of the crypto economy has reached $1.93 trillion, with bitcoin alone accounting for $1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few crypto assets have posted even more significant gains against the U.S. dollar. DYM surged by 16.8%, […]

Kenetic Capital was largest institutional holding address for RNDR before unexpected move

In early December, the first cryptocurrency company made its debut on the Abu Dhabi stock market, receiving a warm welcome from investors. Two months later, Phoenix Group UAE, specializing in the mining of cryptocurrency assets, published its 2023 report. Despite a significant drop in revenue, it achieved an increase in net profit. Phoenix Announces 2023 […]

Crypto analyst Justin Bennett has laid out a bearish narrative for the flagship crypto token Bitcoin. Based on his analysis, Bitcoin will likely drop below the $50,000 level again before it moves further to the upside.  Bitcoin Could Drop Back To As Low As $47,000 In an X (formerly Twitter) post, Bennett mentioned that the […]

Dash (DASH.X): Navigating the Currents of Cryptocurrency Markets – An Analytical Deep Dive into Tren … In the ever-evolving world of cryptocurrencies, …

An AFP officer has faced court accused of stealing almost 82 BTC from a hardware wallet seized during a police raid as part of a drug-trafficking investigation.  Police initially believed other members of the drug-trafficking ring had transferred the crypto, but later linked an IP address used in the transfers to the Melbourne AFP headquarters.  […]

Bitcoin has surpassed the USD $52k mark and has the market excited with the Fear & Greed Index at 72. BTC has also just marked the highest ever it was traded on Valentine’s Day. A Santiment analysis suggests it’s all a mind game from here on, making it more important for traders to keep an […]

In a significant move to broaden its international reach, Bitcoin Magazine, in collaboration with White Rock Management, announced the opening of its new office in Lugano, Switzerland, on February 14, 2024. This strategic expansion into the heart of Europe underscores the publication’s commitment to fostering Bitcoin adoption and education across the globe. Lugano, a city […]

Financial titan BlackRock just accumulated an additional $518 million in Bitcoin (BTC) as the crypto king moves higher. On Wednesday, BlackRock added 10,003 BTC into its new iShares Bitcoin Trust (IBIT), a spot exchange-traded fund (ETF), according to the on-chain analytics tracker Lookonchain. That brings BlackRock’s total holdings to 105,280 BTC. “iShares(BlackRock) added 10,003 BTC ($518M) […]

The Chair of the U.S. The Securities and Exchange Commission (SEC) says Bitcoin (BTC) isn’t as decentralized as the public believes. In a new interview on CNBC, Gensler says the top crypto asset by market cap is “not that decentralized,” partially due to the prominence of centralized crypto exchanges. “[Bitcoin] is not that decentralized…look at […]

European banking fintech company Revolut is reportedly planning to list Bonk, the biggest meme coin associated with the Solana blockchain, and initiate a $1.2 million campaign to encourage its users to familiarize themselves with the cryptocurrency, as per a source knowledgeable about the situation. Revolut’s Plans for Listing and Learning Initiative The proposed “learn” campaign […]

Bitcoin’s open interest has surged past $11 billion for the first time in over two years. This uptick comes when the world’s most valuable coin surges, recently easing past $51,000, the highest level since December 2021.  Surging Open Interest And Order Book Imbalance According to Kaiko, a leading crypto analytics provider, this upswing in open […]

TL;DR Cathie Wood’s prediction about the limited approval of exchange-traded funds (ETFs) for Bitcoin and Ethereum by the SEC has attracted investors’ attention. Wood suggests that BTC and ETH have a clear advantage in gaining approval for their exchange-traded products in the US, while other cryptocurrencies may face more regulatory challenges. The demand for Ethereum […]

TL;DR BlackRock’s iShares Bitcoin Trust (IBIT) has become the first spot Bitcoin ETF in the U.S. to hold over 100,000 BTC, marking a significant milestone in its journey since its launch on Jan. 11, 2024. IBIT has seen a massive surge in demand from investors, amassing 105,280 BTC in holdings on Feb. 13, a staggering 3,700% increase since its debut. Unlike other spot […]

The price of IMX has surged by more than 10% today and 32% over the past week, marking a significant uptick following a period of neutral trend.  This notable increase indicates a growing bullish sentiment surrounding the currency, fueled by increased bull power within the cryptocurrency industry. In tandem with the price surge, Immutable’s 24-hour […]

Cardano rallied this week and managed to book a price increase in double digits. Can it go higher still? Key Support levels: $0.46 Key Resistance levels: $0.60  1. Key Resistance in Sight ADA started a sustained rally after finding good support at 46 cents and has managed to move higher to approach the resistance at […]

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic region,” the SEC chief noted, adding that we don’t have the same in bitcoin. […]

Despite price, XRP is facing some serious troubles

Technical analysis can help predict cryptocurrency market movements; Halving event has the potential to propel Bitcoin to $120000.

FutureBit, a leading provider of consumer-focused Bitcoin products, has unveiled its Higher Ed Pilot Programs in collaboration with universities across the United States, according to a press release sent to Bitcoin Magazine. This initiative marks one of the first instances of bringing Bitcoin hardware into academic settings, with Rutgers University Business School being among the […]

Billionaire entrepreneur Peter Thiel’s investment fund reportedly purchased $200 million worth of Bitcoin (BTC) and Ethereum (ETH) right before crypto prices took off last year. Citing sources with direct knowledge of the matter, Reuters reports that Thiel’s Founders Fund bought $100 million worth of BTC and $100 million worth of ETH in Q3 and early […]

Macroeconomist Alex Krüger is detailing his outlook on how Ethereum (ETH) could pick up the pace from it’s slower than expected performance. In a new interview on the Bitcoin Suisse podcast, Krüger says Ethereum is currently the “slow horse” of the digital assets market, largely due to its size and its already-established presence in the […]

Cardano has faced some heavy opposition of late, but has broken free of negativity to post positive quarterly results in key metrics. Messari data contradicts previous “zombie chain” claims, with a report revealing rising user activity in certain ecosystem apps. A big sign of improved engagement has been the increase in TVL, up 700% YoY. […]

Coinbase has temporarily suspended the gaming platform PlayDapp’s token trading and transfer activities after the recent hack that resulted in the theft of 200 million PLA tokens. Recent updates from the Web3 platform have shared some insight into the investigation process. Suspension Of Trading Activity On Coinbase On Thursday, the news of the hack was […]

[PRESS RELEASE – London, UK, February 14th, 2024] Layer1 blockchain BlockDAG has announced that it has raised $1M in its ongoing presale and shared details of a $2M giveaway. The $1M total was raised in the first day of the presale, which has given the public their first opportunity to acquire BDAG tokens. BlockDAG is […]

Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover, the Fed chair reportedly said that a framework for stablecoins is needed. Fed Chair Powell on US CBDC and […]

Renowned author and Bitcoin advocate Robert Kiyosaki issues dire warning: Brace yourselves for potential 70% collapse of S&P 500 index

Prominent Bitcoin bull Michael Saylor recently doubled down on his sky-high price target of $100,000 for the leading cryptocurrency.

Crypto analyst Kevin Svenson believes Bitcoin (BTC) could rally to a key resistance level ahead of the halving event. In a new strategy session, the trader tells his 72,000 YouTube subscribers that the flagship digital asset’s upward momentum could take it to $60,000 before the April halving event, when miners’ rewards are cut in half. […]