TL;DR A human error jeopardizes fundraising for crypto projects. A developer accidentally burned 535,000 Solana (SOL) tokens, equivalent to $10.4 million, intended for a memecoin. Financial losses, decreased confidence, and calls for greater accountability and regulation follow the accidental burn. In the crypto industry, fundraising through pre-sales is a common practice that allows developers to […]

The Render token (RNDR) continues to ride a wave of bullish momentum, propelling it to achieve a remarkable new all-time high of $13.59 early in today’s trading session.  This surge in price comes amidst anticipation of significant events on the horizon, notably the upcoming NVIDIA-powered AI conference GTC24 scheduled to commence on March 18-21. As […]

PlanB, a popular name within the Bitcoin community, thanks to his Stock-to-Flow (S2F) model, has shared the latest discourse on X, igniting a flurry of excitement and speculation. This discourse particularly highlights BTC’s potential journey through successive halving cycles. PlanB’s analysis, deeply rooted in the S2F model, presents a narrative for Bitcoin’s future. This model scrutinizes […]

An NFT of a photo of Achi, the dog that inspired the dogwifhat (WIF) meme coin, has sold for US$4.3 million dollars. The NFT sale comes after WIF increased in price over 600x since December last year. Crypto analysts warn that meme coins are risky, pointing to several investors who’ve lost big on poorly-timed meme […]

TL;DR The cryptocurrency market is correcting, with numerous assets in decline, but this new sloth-themed meme coin defies the trend by surging 70%. Despite its success, it faced a setback when the developer accidentally burnt $10 million in funds. The cryptocurrency sector has been on the decline today (March 19) after thriving significantly in the […]

Analysts at British multinational banking giant Standard Chartered are raising their 2025 Bitcoin (BTC) price forecast by a sizeable 50%. Analyst Geoff Kendrick says in a new note to investors that given the unexpected success of the Bitcoin exchange-traded funds (ETFs) launched in January, a more optimistic price expectation for BTC is warranted, reports CNBC. […]

The Argentine Senate passed a law that creates a registry for any institution that offers cryptocurrency services in the country. The CNV, the Argentine securities enforcer, will manage this registry, which also establishes obligations for crypto companies to deliver personal information on their customers and other data to government entities. Argentine Senate Passes Crypto Anti-Money […]

Insane Bitcoin (BTC) price prediction set by Stock-2-Flow (S2F) model

10 Best Cryptocurrency Presales to Invest in 2024. While crypto presales are risky, investing in the right project can yield significant gains.

Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund managing over $1.5 trillion in assets, has announced it will explore diversifying a portion of its portfolio into Bitcoin. According to the announcement, the GPIF will solicit information on illiquid alternative assets like Bitcoin, gold, forests, and farmland as part of its diversification efforts. […]

Ethereum price extended its decline below $3,500. ETH is showing a few bearish signs and there could be a drop toward the $3,200 support zone. Ethereum started a downside correction below the $3,550 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with […]

A popular crypto analyst says technical indicators are suggesting that Bitcoin (BTC) is in the middle of a rapid ascent to the $160,000 mark. Pseudonymous analyst TechDev tells his 439,000 followers on the social media platform X that he’s watching Bitcoin’s relative strength index (RSI) and its Fibonacci extension levels on the monthly timeframe. The […]

The International Monetary Fund (IMF) is reportedly recommending the Pakistan Federal Board of Revenue (FBR) expand the scope of their gains taxes to include crypto. According to a report from the Pakistani news outlet The News, the IMF is asking the FBR to bring crypto gains into the country’s tax net. The IMF is asking Pakistan’s […]

TL;DR Binance surpasses $100 billion in user assets, highlighting its robust growth and trust in the platform. Binance’s proof of reserves system reinforces transparency and security, allowing users to verify the support of their assets privately. The milestone reflects both the companies performance and the positive dynamics of the cryptocurrency market. Binance‘s success in surpassing […]

Following the recent release of a substantial number of vested tokens on March 16, whales holding Arbitrum (ARB) tokens have begun transferring their digital assets to cryptocurrency exchanges. On March 16, Arbitrum unlocked a staggering 1.1 billion ARB tokens, valued at $2.32 billion. This significant unlocking coincided with a market downturn, resulting in an 11% […]

Late Monday, Bitcoin (BTC) witnessed a sudden and significant plunge on BitMEX, plummeting to as low as $8,900 within a matter of minutes. Since the flash crash, BitMEX has announced via social media that it is currently investigating the substantial sell orders. Bitcoin’s Flash Crash on BitMEX According to data from the charting platform TradingView, […]

The Audiencia Nacional (National Hearing), a Spanish special tribunal, has maintained the measures that the AEPD, the private data watchdog in the country, has taken against Worldcoin. The court determined that the defense of the general interest of protecting the people’s data must prevail over the company’s economic interest. Spanish Audiencia Maintains Suspension of Worldcoin […]

Bitcoin is experiencing significant profit-taking from short-term holders

What Happened in Crypto Markets Last Week? Last week proved to be a roller-coaster ride for bitcoin (BTC) investors, as the largest cryptocurrency by …

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. After a lengthy legal dispute, London’s High Court of Justice has formally determined that Australian computer […]

A widely followed crypto analyst is predicting a massive rally for one Ethereum (ETH) competitor while updating his forecasts on Cardano (ADA) and Polygon (MATIC). Crypto strategist Ali Martinez tells his 53,500 followers on the social media platform X that he envisions layer-1 blockchain Fantom (FTM) to surge to a price tag of $1.44, a […]

XRP price started a downside correction from the $0.7450 resistance. The bulls are now struggling to keep the price above the $0.5850 support zone. XRP started a fresh decline after it failed to clear the $0.7450 resistance. The price is now trading below $0.650 and the 100 simple moving average (4 hours). There is a […]

The crypto market is green today as a wave of speculative buying lifted meme coins to kick off the new week. Leading the charge are dogwifhat (WIF) and Shiba Inu (SHIB), both of which have posted double-digit percentage gains. However, many traders are already looking ahead to the next potential mover, with some speculating that […]

TL;DR Solana (SOL) surpasses Binance Coin (BNB) in market capitalization, sparking a debate about its potential to challenge Ethereum (ETH). SOL records a 7.9% increase in the last 24 hours, reaching $206.8 per token, with a weekly growth of 38% and an impressive annual increase of 820%. SOL’s ability to offer scalability and lower transaction […]

After smashing through several resistance levels during the last leg up, Ethereum rolled heavily under $4k and found solid ground yesterday. It has bounced slightly, aiming for a recovery with 3% gains daily. As expected in the past week, Ethereum finally took a downturn after experiencing a consistent rise for two months. Reaching its peak […]

Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment portfolios. Binance CEO Teng’s Bitcoin Price Prediction Binance CEO Richard Teng shared […]

El Salvador’s Bitcoin wallet keeps on growing

According to a report by a New York-based firm, China has made significant gains in cryptocurrency profits in 2023, despite China imposing a ban …

Global banking giant Standard Chartered has upped its bitcoin price prediction for the end of 2024 to $150,000, a significant increase from its previous forecast of $100,000. In a new report, Standard Chartered analysts cited strong inflows into recently launched spot bitcoin ETFs in the U.S. as a primary driver of their bullish outlook. The […]

Former U.S. Treasury Secretary Lawrence Summers says an old school method of tracking inflation may reveal the real amount of economic pain that Americans have had to endure. Summers has co-authored and released a new paper exploring the effect of high interest rates on the American consumer. The paper, in part, aims to paint an […]

Zodia Custody (HK) has been granted a Trust or Company Service Provider (TCSP) License in Hong Kong. This license, supported by Standard Chartered, represents a pivotal moment for the institution-first provider of digital asset custody solutions. Meeting Institutional Demands With the acquisition of the TCSP License, Zodia Custody (HK) is poised to offer comprehensive custody […]

Joe McCann, the CEO and CIO of the crypto hedge fund Asymmetric, recently made a bold statement on X (formerly Twitter), forecasting a $1 trillion market cap for Solana. McCann’s argument hinges on several key points that detail why he believes Solana has achieved product-market fit (PMF) as “The Chain for Retail,” juxtaposing it against […]