Macro guru Raoul Pal says that Ethereum (ETH) competitor Solana (SOL) is not done rallying even after soaring in recent weeks. In a new edition of Pal’s Global Macro Investor (GMI) newsletter, the former Goldman Sachs executive says that Solana entered an uptrend after breaking out of a classic bullish pattern. “SOL broke out from […]

A closely followed trader believes that a deep Bitcoin (BTC) will set the stage for the crypto king to witness exponential gains in the coming months. Analyst Kevin Svenson tells his 130,500 followers on the social media platform X that a retest of Bitcoin’s previous resistance at $31,000 into support would be long-term bullish for […]

Recently, the cryptocurrency yearn.finance (YFI) experienced a significant surge, propelled by an escalation in whale activity, as reported by Santiment, the blockchain analytics platform. This uptick in whale activity propelled YFI’s market capitalization to achieve a growth exceeding 60% in the past week. According to the latest data from CoinMarketCap, YFI’s market cap is approximately […]

It has become commonplace to normalize the extremity of fiat. The last such instance was in September when the federal government broke another record by crossing the $33 trillion national debt threshold. A decade ago, the USG’s outstanding borrowings have already outpaced the US’ annual GDP. The Congressional Budget Office (CBO) now projects a 2% […]

Elan Future is a project that is working towards achieving universal access to energy. Recently, we caught up with its CEO, Jerome-Olivier Malo and asked a few questions to gain some insights about him and the project. Elan – Unveiling the Vision Q: Let’s start with the present day. Could you share with our readers […]

Large anonymous XRP holders shoveled more than 850 million XRP, while coin keeps trying to break out of range it has been trading in

In the ever-evolving realm of cryptocurrency, stability is often perceived as an illusion, and trust becomes a pivotal yet delicate element. Stablecoins, designed to maintain value parity with traditional fiat currencies, emerge as a unique trust exercise in the volatile landscape of digital assets. However, recent events, including the experiences of Luna, Celsius, and FTX, […]

XRP’s price surge was short-lived and has almost returned to its original price.

A closely followed trader says that deep-pocketed crypto holders have unloaded tens of thousands of Bitcoin (BTC) in just seven days. Trader and on-chain sleuth Ali Martinez says that Bitcoin whales have been selling off their Bitcoin stacks as BTC hit a new 2023 high of about $38,000. “Bitcoin whales have been booking profits, selling […]

TL;DR Bitcoin’s Rise: Bitcoin has grown over 120% this year, currently trading around $36,700. Analyst KALEO predicts a potential rise to $40,000 by year-end, with a possible temporary dip to $34K. XRP’s Growth: Bullish on XRP, the analyst expects its price to increase, buoyed by partial legal victories for Ripple against the SEC, leading to […]

Lloyds Bank: UK Sees 23% Increase in Cryptocurrency Scam Reports … Lloyds Bank, a big four bank in the United Kingdom, reports that crypto scams have …

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. With President Nayib Bukele’s re-election date less than three months away, Bitcoin is seeing continued increases […]

BlackRock and NASDAQ have outlined why the SEC needs to approve the investment company’s new spot Ethereum exchange-traded fund (ETF) filing. According to the filing with the SEC, approval of a Spot ETH ETP would represent a major win for the protection of U.S. investors in the crypto asset space.  If approved, the iShares Ethereum […]

In a strategic move that could shake up blockchain networks, Charles Hoskinson, founder of Cardano, expressed his interest in collaborating with Kraken, the cryptocurrency exchange in the United States, to develop a Layer-2 (Capa-2) network. This proposal became public during a discussion on the X app (formerly Twitter) on November 12, where Hoskinson highlighted the […]

How great is chance to see rise of DOGE and SHIB this week?

Nearly 10% of the total supply of Aptos (APT) was unlocked over the weekend as 24.84 million tokens were distributed to four main groups in the ecosystem. As part of its scheduled unlocks, 1.33 million APT worth $10.72 million was given to the Aptos Foundation, 11.88 million tokens worth $95.47 million to the core contributors, […]

In the ever-evolving world of cryptocurrency, the proposed U.S. tax regime for digital assets has ignited a fervent response from the crypto community. With an overwhelming 120,000 comments, the ongoing IRS hearing has become a battleground where concerns about user privacy, the expansive reach of crypto entity reporting, the inclusion of stablecoins, and the potential […]

A memecoin drawing its name from the Grok AI project plummeted after allegations its social media account was recycled from that of a former scam token.

The Islamic terrorist organization Hamas turned to digital currencies last year to obtain tens of millions of dollars in financing from the …

Dubai, UAE – Genesis XBT, EMEA’s premier Bitcoin/crypto event, will take place from 15-16 November 2023 at Arjaan by Rotana Dubai Media City, which offers a spectacular Skylight Ballroom. This prestigious event gathers blockchain entrepreneurs, crypto enthusiasts, and industry leaders from over a hundred countries.Genesis XBT gathers together market-makers, liquidity providers, VCs, family offices, UHNWIs, […]

Digital asset investment products saw inflows amounting to $293 million over the past week. This extended a seven-week streak of inflows surpassing the $1 billion milestone. Year-to-date inflows now stand at $1.14 billion, marking the third-highest annual inflows on record. Ethereum witnessed a massive turnaround in sentiment, welcoming its largest inflow since August 2022 of […]

Grayscale CEO Michael Sonnenshein took to X (Twitter) Monday morning to say “it’s been a ten year dress rehearsal. we’re ready for the main event,” ahead of seemingly imminent approval for the conversion of its flagship fund into a spot Bitcoin ETF. On June 29, 2022, Grayscale filed a lawsuit against the SEC for denying its […]

The XRP price has had a mixed flow this month in terms of price action. The crypto surged by 25% in the first week of November to cross over $0.73, marking the first cross over this price point since June. However, XRP has since lost some of these gains. The crypto is now trading at […]

A widely followed crypto analyst says that a parabolic advance is on the horizon for Bitcoin (BTC) as the world’s largest economies once again prepare to print money. In a new strategy session, the host of InvestAnswers tells his 452,000 YouTube subscribers that the king crypto is in the beginning stages of a parabolic move […]

The largest US-based crypto exchange is reportedly being ordered to pay a penalty for violating a directive issued by authorities in Russia.  In May, the Roskomnadzor, which is in charge of monitoring Russian mass media, issued a directive obliging foreign companies to localize citizens’ data starting July 1st. According to local business newspaper Vedomosti, a […]

The anticipated fourth Bitcoin halving, scheduled for April 2024, has triggered several deep dives into supply dynamics and its impact on investors and the market. According to GlassNode’s latest report, it highlights a looming historic shortage in Bitcoin supply and some revelations about how this trend, along with investor accumulation patterns, could significantly influence the […]

The BRC-20 tokens, a token standard on the Bitcoin blockchain, have witnessed an unprecedented resurgence in trading volume and price in the past few weeks. This resurgence is largely driven by the craze surrounding the Inscription, a novel way of storing and transferring data on the Bitcoin network. Inscription, a platform introduced in April 2023, […]

Can traders expect correction of Binance Coin (BNB) soon?

Bitvavo has secured a milestone in its European expansion strategy. The Austrian Financial Market Authority has granted the Dutch cryptocurrency exchange authorization to operate as a virtual asset service provider, allowing it to extend its services into Austria. Building on its success in the Benelux region and an earlier approval in Italy, Bitvavo’s entry into […]

FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud.

The Impact of Cryptocurrency on Financial Markets · Spurs new financial innovations like decentralized finance (DeFi) and digital wallets. These expand …

Polygon’s native coin MATIC continues to gain traction as the cryptocurrency experienced an impressive increase in whale transactions over the past 30 days, bolstering price growth for the digital asset and the ecosystem. Whale Activities Propels Polygon MATIC’s Growth Recently, Polygon MATIC’s whale transaction volume significantly increased over the past 30 days, which has sparked […]