Apple has announced it is integrating artificial intelligence into future iOS devices. The project, in collaboration with OpenAI, will bring ChatGPT and similar models to Siri. Despite the announcement being a positive for the industry, AI crypto tokens fell sharply. Worldcoin, Render and Fetch all lost more than 20% in the past week of trading […]

Over the past 12 months, bitcoin (BTC) has appreciated more than 168% against the U.S. dollar, a notable performance compared to other asset classes globally. However, seven out of the top ten gainers in the past year have been meme coins, with the crypto assets TRUMP, WIF, BOME, BONK, MOG, and TURBO leading the charge. […]

Cardano (ADA) and Bitcoin (BTC) are dominating social media discussions this week

Bitcoin comes charging back after a single U.S. macro data print reverses days of BTC price declines.

A crypto analyst known for making timely Bitcoin calls believes BTC is due for a final corrective move before an explosion to fresh record highs. Pseudonymous analyst Bluntz tells his 261,200 followers on the social media platform X that Bitcoin appears to be forming a bull pennant pattern on the three-day chart. According to the […]

Two US senators are urging Federal Reserve Chair Jerome Powell to cut interest rates to avoid an economic recession. In a new letter penned directly to Powell, Democrats Elizabeth Warren (D-Massachusetts) and Jacky Rosen (D-Nevada) argue that persistent high rates are slowing down the economy and driving up the cost of housing and insurance, which […]

Bitcoin and the rest of the cryptocurrency market experienced a notable surge following the release of the latest US Consumer Price Index (CPI) data, and now eyes are on tonight’s Federal Open Market Committee (FOMC) meeting. Bitcoin and Ethereum posted gains of 3.4% and 2.43% over the past 24 hours, respectively. The crypto market remains […]

This new platform enables users to engage in cryptocurrency mining without the need for physical mining equipment or technical expertise. Cloud mining …

TL;DR Bitcoin ETFs in the U.S. saw net outflows of $65 million on Monday, breaking a 19-day streak of net inflows. Grayscale’s GBTC led the outflows with $40 million, accumulating a total of $18 billion in withdrawals since January. The economic context is uncertain, with key events like the CPI release and the FOMC meeting […]

Ethereum experienced a significant 5% decline today, dropping below the $3,500 mark. Recent activity from wallets linked to the Ethereum Foundation has contributed to the downward pressure on $ETH. In the past week, three wallets associated with the Ethereum Foundation have been actively selling Ethereum. Two of the foundation’s primary wallets sold 200 $ETH for […]

XRP price extended losses and traded below the $0.50 zone. The price tested the $0.4700 zone and is currently attempting a short-term recovery wave. XRP is slowly moving higher from the $0.470 support. The price is now trading below $0.4850 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend […]

Current state of cryptocurrency market raises some serious concerns

President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress override the veto with broad bipartisan support?

Macro strategist Henrik Zeberg thinks the economy is currently in the midst of an “everything bubble” that’s primed to get even bigger. The economist tells his 143,400 followers on the social media platform X that the current bubble’s blow-off top isn’t finished. “Bubble – where? Below is Market Capitalization to GDP (gross domestic product): 1929 […]

Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price of 10,278,391 yen per BTC, amounting to a total aggregated purchase […]

… cryptocurrency in the case of United States v. Grant McKay Durtschi. As part of the ongoing criminal case, approximately 124.72134086 Ethereum was …

United States Senator Elizabeth Warren (D-MA) is calling on the Federal Reserve to lower its interest rate target on Thursday – a move most analysts believe would be a boon for crypto markets. The senator’s request puts her in an ironic alignment with crypto investors, whose industry she has repeatedly tried to stifle with burdensome […]

Bitcoin is still a young protocol by every measure. These adolescent years are arguably more formative than any other period in its short history because the stakes are already quite high for a groundbreaking project with less than two decades of testing and growth. As I have watched new investors, developers, users and marketers flock […]

Solana extended losses below the $150 support zone. SOL price is consolidating and might recover if it clears the $152.50 resistance zone. SOL price declined further and even traded below $150 against the US Dollar. The price is now trading below $160 and the 100-hourly simple moving average. There is a connecting bearish trend line […]

TL;DR Polygon introduces Community Grants Program unlocking 1 billion POL over 10 years. Season 01 offers 35 million MATIC to fund the best projects in the Polygon and Ethereum landscape. Developers can choose between two participation tracks: General and Consumer Crypto, with funds distributed by the Community Treasury Board. Polygon, a Layer 2 network, has […]

TL;DR Tether plans to invest more than $1 billion in financial infrastructure, AI and biotechnology in the next year. The company has invested around $2 billion in these sectors in the last two years. It maintains an investment strategy that seeks the disintermediation of traditional finance and less dependence on large technology companies. Tether Holdings […]

Bitcoin saw a sharp 4% drop today, falling below the $67,000 mark. Historically, Bitcoin has faced challenges during the third quarter, with an average return of 6.49% and a median return of -2.57%. Beware! Historically, #Bitcoin has struggled in Q3, with an average return of 6.49% and a median return of -2.57%. pic.twitter.com/6IJtHcK4ZL — Ali (@ali_charts) […]

Ethereum price has had a rocky week and data suggests that more downside could be on the way.

Cardano (ADA) co-founder Charles Hoskinson is outlining the timeline for the layer-1 blockchain’s Voltaire phase, the fifth stage of the 11th-largest crypto asset’s roadmap. Hoskinson says that a new Cardano node which will usher in two Chang upgrades is ready for deployment. The first Chang upgrade will introduce governance features on Cardano, enabling decentralized voting […]

The world’s biggest bank, the Industrial and Commercial Bank of China (ICBC), is reportedly calling Bitcoin (BTC) “digital gold” and Ethereum (ETH) “digital oil.” In a new report shared by Matthew Siegel, VanEck’s head of digital assets, the ICBC gives praise to the top two cryptocurrencies by market cap. The report also says that market […]

$21 million crypto transfer to Binance by TRON founder Justin Sun frightens bulls

The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with a rise in the 10-year U.S. Treasury yield and the […]

… cryptocurrency landscape,” the government said in a statement published in state-run Herald newspaper Wednesday. It's “inviting all cryptocurrency …

JP Morgan’s blockchain and tokenisation network has been chosen by asset manager Fidelity International to tokenise a money market fund. A Fidelity spokesperson said tokenisation of the fund would improve efficiency and reduce costs and risk. Asset management firm Fidelity International has tokenised one of its money market funds using JP Morgan’s private, Ethereum-based blockchain […]

Anthony Pompliano states Wall Street is expanding into altcoins due to their love for risk and potential high returns. Wall Street’s preference for high-risk investments is evident in the popularity of zero-day options, which account for over half of all options trading. Despite regulatory warnings, major institutions like Franklin Templeton are moving to give Wall […]

OKX has experienced significant outflows, with $204 million withdrawn in the past 24 hours and $630 million in the past week, surpassing the outflows of other prominent cryptocurrency exchanges. The surge in withdrawals comes from multiple security controversies that may have undermined user confidence. OKX’s Design Flaw On June 9, two OKX users lost a […]

Today, Donald Trump met with Bitcoin Magazine’s CEO David Bailey and several prominent U.S. Bitcoin miners. The meeting saw Trump commit to championing Bitcoin mining both in Washington D.C. and on the global stage. Today was a historic moment in our journey towards hyperbitcoinization. The former and next President of the United States gathered America’s […]