Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network. Current projections forecast an estimated difficulty surge ranging from 8.45% to 9.2%, setting the record for the steepest increase of 2024 thus far. Bitcoin Difficulty Poised for a Steep Increase This week, bitcoin (BTC) mining […]

A closely followed crypto analyst says that Bitcoin (BTC) whales have scooped up billions of dollars worth of the flagship digital asset in just three weeks. In a new thread, crypto strategist Ali Martinez tells his 44,700 followers on the social media platform X that deep-pocketed Bitcoin investors have gobbled up $6.16 billion worth of […]

Find out what happened in the world of crypto over the weekend with U.Today’s news digest

Charles Hoskinson, co-founder of Cardano, joined Discovery Crypto to discuss his thoughts about the state of the crypto space, what current developments in the industry suggest, and the network’s future as the “Taylor Swift of Blockchains.” Cardano’s Big Reputation The recent interview sparked a discussion about Cardano’s relationship with crypto exchanges like Gemini and other […]

After bouncing off a two-month low in late January, Bitcoin recovered by almost 30% in three weeks and traded back at the top. It saw rejection and now appears to form a double-top pattern on the daily chart.  Once again, Bitcoin returns to the top after suspending bullish for a month. It bounced off $38500 […]

The cryptocurrency market is excited as the altcoin season approaches. Altcoin season refers to extended periods where alternative …

TL;DR Solana Mobile raises $45M and sells 100,000 crypto phones in a month, surpassing its previous record of 20,000 phones in a year. Solana’s “Chapter 2” phone offers unique features for using cryptocurrencies on the Solana blockchain, giving users an edge over mainstream devices. Solana Mobile aims to create a challenger ecosystem for crypto gaming by attracting […]

TL;DR Weekly digital asset income: $1.1B; AuM reaches $59B, highest since 2022. US Bitcoin ETF: $1.1B in inflows last week; concern about future departures of flows. Bitcoin dominance: accounts for 98% of total revenue; Ethereum and Cardano are also showing growing interest. The digital asset market continues to show vigorous momentum, according to the latest […]

A closely followed crypto strategist believes a red-hot altcoin project has more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 206,900 followers on the social media platform X that the native token of modular blockchain Dymension (DYM) could soon revisit higher levels after a retracement. “DYM: closed all of this yesterday, not going to round […]

Analytics firm Glassnode says that an on-chain metric for Bitcoin (BTC) that has historically signaled the early stages of a bull market is showing up on the radar. According to Glassnode, Bitcoin’s long-term holder MVRV (LTH-MVRV), which tracks the behavior of long-term BTC investors, has entered “high-risk” territory. The analytics firm shares a chart that […]

BlackRock’s IBIT ETF leads the charge with USD $250M daily inflows, pushing total holdings to 87,779 BTC. Michael Saylor sees this as the start of the “Bitcoin Gold Rush Era,” fuelled by pent-up demand. MicroStrategy’s BTC holdings have reached USD $9.5B as the company’s stock price jumps 10+% on the week. It appears the Bitcoin […]

Bitcoin has surpassed the USD $50k mark for the first time in well over two years. Jason Pizzino suggests we are midway through an ‘everything bubble,’ with peaks in stocks, real estate, and crypto expected around 2026. The crypto Fear and Greed index’s rise to 79 signals entering an ‘extreme greed’ phase, historically followed by […]

Many industry experts have given their two cents on the future of the crypto market in the next 12 months, and most of them lean bullish. The most common reason is Bitcoin. In April 2024, the cryptocurrency will go through its pre-programmed halving, which will slash block rewards in half. This means that the supply […]

On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program to bolster the presence and market dominance of cross-chain initiatives. $16 Million […]

Bitcoin price extended its rally above the $48,800 resistance. BTC tested $50,000 and is currently showing signs of a downside correction. Bitcoin price climbed higher above the $48,500 and $48,800 resistance levels. The price is trading above $48,800 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support at […]

Bitcoin increase outshining Super Bowl in US for Edward Snowden

Canada-headquartered Aquanow, a crypto infrastructure provider, has bolstered its compliance efforts by securing a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). A Much-Sought Crypto License Announced yesterday (Monday), the license will allow the company to offer broker-dealer, lending and borrowing, and management and investment services. However, the license remains […]

Cryptocurrency miners are worried a federal survey could be used against them. Author: kvue.com. Published: 10:07 PM CST February 12, 2024.

Introduction We live in a highly digitalized world, but most of humanity still uses physical goods to store value. The most used store of value in the world is real estate. It is estimated that approximately 67% of global wealth is held in property. Recently, however, macroeconomic and geopolitical headwinds have highlighted the weaknesses of […]

A widely followed analyst believes that a 12x rally is now on the table for Bitcoin (BTC) as the crypto king enters an era never seen before in its history. Crypto strategist Michaël van de Poppe tells his 693,000 followers on the social media platform X that Bitcoin exchange-traded funds (ETFs) signaled the dawn of […]

Alongside other coins, Ethereum recovered significantly in the past weeks after sitting well above key monthly support. Unlike Bitcoin, it has yet to revisit its previous high as the price faces key resistance. As expected, Ethereum finally retested the important $2,500 level as resistance during last weekend’s trading but it seemed to be finding it […]

Ethereum price is up over 5% and there was a push toward $2,700. ETH is consolidating gains and might aim for a move toward $2,800 or $3,000. Ethereum is consolidating gains below the $2,700 resistance zone. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There was a break above a bullish […]

TL;DR Bitcoin surpasses $50,000 for the first time since December 2021, rising 15% in a week and 16% in a month. The rally is attributed to renewed interest from Wall Street, the accumulation of large investors and the expectation of the upcoming Bitcoin halving in April. Despite a slow start to the year, the market […]

The price of Bitcoin (BTC) has broken past $50,000 per coin for the first time since December 2021. Coinbase data shows that the largest digital asset by market cap hit the $50,000 mark at 11 a.m. Eastern Time (5 p.m. Central European Time) on Monday. Source: Screenshot of Bitcoin price on Coinbase exchange The asset, […]

Two top executives of Swiss-based cryptocurrency custody provider Metaco have reportedly departed the firm less than a year after landing an acquisition deal with blockchain solutions company Ripple. According to a CoinDesk report citing a Ripple spokesperson, Adrien Treccani, Metaco’s founder and CEO, and CPO Peter DeMeo have left the firm. Metaco is yet to […]

Personal finance expert and best-selling author Dave Ramsey’s firm Ramsey Solutions has maintained that crypto is not a good investment. “We’re not saying cryptocurrency is going to go away. And we’re not saying it’s horrible … But as things stand today, just say no,” advised the Ramsey Solutions team. Ramsey Solutions Advises ‘Just Say No’ […]

Dogecoin (DOGE), the cryptocurrency that soared to popularity as a meme, has been nudged out of the top 10 by market cap

BitMEX founder Arthur Hayes says he’s no longer short-term bearish on Bitcoin (BTC) now that the crypto king has convincingly proved him wrong. Earlier this year, Hayes says he bought some put options for Bitcoin at a strike price of $35,000 with the expectation of a short-term price correction. In a new interview on Crypto […]

Cryptocurrency miners are worried a federal survey could be used against them. The U.S. Energy Information Administration is finding out their …

Bitcoin has surged past the $50,000 mark today, according to CoinMarketCap data, reaching this milestone for the first time since December 2021.  CoinMarketCap The breakthrough marks a significant recovery for Bitcoin, which faced massive volatility and fluctuations over the last couple years, reaching lows of around $16,000. Bitcoin’s resilience and upward trajectory underscore its status as a […]

Solana is gaining bullish momentum above $110. SOL price is surging, and the bulls could soon aim for a move above the $120 level. SOL price started a fresh increase from the $95.00 support against the US Dollar. The price is now trading above $105 and the 100 simple moving average (4 hours). There is […]

BNB advanced higher last week and broke through a crucial resistance line. It faced resistance and pulled back a little. It is currently in red after losing 3% in the past hours. In late January, BNB established base support above the $290 level and started to recover. After closing above the $300 mark level that […]