TL;DR Record Inflows: Digital asset investment products have seen a record surge in inflows, hitting $1.6 billion year-to-date, with Bitcoin Exchange-Traded Funds leading the charge. Bitcoin ETFs Impact: The performance of Bitcoin ETFs, notably Bitwise and Fidelity’s spot Bitcoin ETFs, has played a crucial role in recent market trends. Bright Future: Despite the inherent volatility […]

TL;DR dYdX 2024: Financial Democratization: Leader in DeFi, dYdX announces plan to democratize access to financial opportunities. Innovation in DeFi: Focused on Permissionless Marketplaces, Efficient Commerce and UX Improvements. Drive towards Simplification: Target click-to-list marketplaces, business improvements and UX, reaffirming leadership in DeFi. The dYdX platform, a leader in the field of Decentralized Finance (DeFi), […]

Bukele introduced Bitcoin as legal tender in 2021 as part of a futuristic vision to reinvigorate El Salvador’s economy. So far it has been a moderate failure, with few citizens using BTC and poverty sweeping through a stunted Salvadorian economy. Bukele has maintained immense popularity despite financial struggles, with gang violence reduced and tourism increasing. […]

Cardano predicted to surge 1,767.67% to target price of $7.919 if this historical pattern aligns

Ethereum price is again moving lower from the $2,325 resistance. ETH could decline heavily if there is a move below the $2,270 support zone. Ethereum is showing a few bearish signs from the $2,325 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

Venture capitalist and crypto investor Chris Burniske says that downward chop is the most likely scenario for digital assets in the next market phase. Burniske says on the social media platform X that after a relatively long uptrend, crypto markets are probably due for a correction. “Been a solid run of many months for crypto, […]

After shedding more than 40% loss in almost two months, Curve DAO fell back near its bottom and temporarily halted bearish. It has bounced slightly and now forms a bullish pattern on the lower timeframe. CRV entered this year so weak after ending a two-month rally at $0.73. It lost grip and started to decline […]

Ripple’s Oliver Segovia – a Senior Director and the company’s head of Product Marketing for the payments division – teased a significant development for the firm’s US-based clients and users. Segovia outlined that they are planning to announce new product updates that are “powered by our money transmitter licenses (MLTs) that cover the majority of […]

Cryptocurrency price on February 5 quick take: The global market cap dipped to $1.63 trillion.

A closely followed crypto strategist believes that the altcoin markets may be setting up for a strong surge in the coming weeks. Pseudonymous analyst Rekt Capital tells his 394,800 followers on the social media platform X that the altcoin hype cycle in Q4 of 2023 was largely driven by the bullish price action of the […]

Anthony Scaramucci criticised The Economist in a tweet for an article he deemed absurd. The article downplayed the significance of the newly launched Spot Bitcoin ETFs. James Seyffart however highlighted their efficiency and potential to attract various investors, while also acknowledging some challenges introduced by ETFs. Scaramucci’s broader critique of traditional financial media highlights unfair […]

Bitcoin price likely to continue consolidating before next price run, with a fall lower likely to precede any new yearly highs.  Bitcoin trends may be short-lived as the spot price bounces between USD $40 and $46K. Cardano has fallen 30+% from its yearly high, demonstrating a weaker market than some of its contemporaries. Through a […]

Chainlink eyeing multiyear price level after latest upsurge

BNB price is attempting a fresh increase from the $288 zone. The price could start a fresh rally if there is a clear move above the $310 resistance. BNB price is showing bullish signs above the $300 pivot level. The price is now trading below $310 and the 100 simple moving average (4 hours). There […]

Sophos details these advanced sha zhu pan operations (also known as pig butchering) in its article, “Cryptocurrency Scams Metastasize into New Forms.”.

Gala remained in a bearish condition with no signs of recovery at the moment. It has seen more than 20% loss since the start of the year and is yet to locate firm support to initiate a buy. Going back to late 2023 when Gala started a bullish cycle with a surge before moving into […]

LINK has put bulls in charge while breaking out from a range that lasted three months. Key Support levels: $18 Key Resistance levels: $23 1. Major Breakout After a prolonged consolidation, LINK has finally broken above $17.6, which has turned into a key support. With a higher high and clear bullish momentum, this cryptocurrency seems […]

An analyst who rode the crypto rally at the start of 2023 believes that Bitcoin (BTC) is one resistance level away from rallying to $60,000. In a video update, crypto strategist DonAlt tells his 56,800 YouTube subscribers that the price area between $44,000 and $45,000 is the only supply level stopping Bitcoin from witnessing a […]

Can traders expect local rise of XRP next week?

In a recent analysis, Fred Krueger, the former founder and chairman of Traffic Marketplace, offered a nuanced explanation for the seemingly paradoxical situation where the Bitcoin price has fallen despite the influx of over $5 billion in new assets through Exchange-Traded Funds (ETFs) by BlackRock and Fidelity. Since January 11, the first trading day of […]

Earlier this week, The Solana Hunger Games took Twitter (aka X) by storm. Now a crypto-fueled version of the TV reality series “Survivor” has people scouring Brooklyn for secret codes, and competing in online arcade games to oust each other from their crypto island. Dylan Albruscato, former head of partnerships of the breakout mobile game […]

Illustration by Mitchell Preffer for Decrypt Crypto Twitter was in classic form this week, with a cycle of minor controversies, dramatic u-turns, and splashy token launches culminating in Ethereum co-founder Vitalik Buterin announcing that he doesn’t want to be the face of the industry any longer. It all started last weekend when WEN, a Solana […]

Doge and Shiba Inu lead meme coin craze, while Scorpion Casino dominates crypto presales in the ever-evolving cryptocurrency landscape.

The chief investment officer of Ikigai Asset Management thinks that a setup never before seen in the history of crypto will push Bitcoin (BTC) and Ethereum (ETH) to fresh all-time highs (ATHs). In a long thread on the social media platform X, crypto expert Travis Kling says that a confluence of factors is conspiring to […]

Chainlink, ImmutableX, and Pyth have all witnessed remarkable growth in market capitalization over the past week, with Chainlink surging by 34%, ImmutableX by 23%, and Pyth by 26%.  The mainstream discussion surrounding these assets suggests that fear of missing out (FOMO) may drive high volatility in their prices. #Chainlink (+34%), #ImmutableX (+23%), and #Pyth (+26%) […]

Bitcoin hash rate continues to chart astounding record highs just weeks before the fourth halving. Meanwhile, critics worry Bitcoin mining could be hazardous to the environment. That hasn’t stopped the price from soaring to a multi-year record high of $46,670, 67% of its historical all-time high price of $69,000 in November 2021. However, according to […]

Hong Kong’s Securities and Futures Commission (SFC) issued a notice today (Monday) urging virtual asset investors to invest only through licensed exchanges. The notice came before the deadline of 29 February when all crypto exchanges in Hong Kong must obtain or apply for a virtual asset trading platform (VATP) license. Hong Kong’s Deadline for Crypto […]

Is rate of Binance Coin (BNB) ready for sharp move?

The allure of creating your own NFTs and BRC-20 tokens is undeniable. For artists, owning and monetizing their digital creations through NFTs offers a new level of control and potential financial reward. Beyond the realm of art, NFTs can foster passionate communities, grant exclusive access to events, and even act as fundraising tools.  However, stepping […]

The U.S. Energy Information Administration (EIA) is announcing that it will be carefully examining crypto mining operations in the country. In a recent press release, the EIA, a statistical and analytical agency within the U.S. Department of Energy, says that it wants to keep track of how much electricity is being used by US firms […]

… cryptocurrency enthusiasts – points to rising pressure among asset managers looking to gain advantage in a new but apparently commoditized …

Magic Eden recently launched a cross-chain rewards program that incentivizes the use of its popular NFT marketplace across Solana, Bitcoin, Ethereum, and Polygon, along with opportunities tied to its new multi-chain wallet. Beyond its rewards program, Magic Eden also recently announced that it will open-source its minting and trading protocols in collaboration with a new […]