After moving out from an accumulation phase in late February, Litecoin advanced bullish and tapped its highest level in eight months. It retraced and currently looks for a solid level. It is expected to resume bullish soon. Prior to the latest surge in volatility, Litecoin was trapped under $80 as it went through a serious […]

BNB price is gaining bullish momentum above the $550 resistance. The price is showing positive signs and might extend its rally above $650. BNB price is up over 15% and it broke the $600 resistance zone. The price is now trading above $580 and the 100 simple moving average (4 hours). There is a key […]

TL;DR Record-Breaking Inflows: On March 12, Bitcoin ETFs saw a remarkable $1.05 billion in net inflows, the most substantial single-day net inflow since the approval of Bitcoin spot ETF trading. This represents a 56% increase compared to the net inflow of $673 million recorded on February 28. Increasing Popularity of Bitcoin ETFs: Bitcoin ETFs, which […]

DeFi lending protocol MakerDAO announced that the first phase of its highly anticipated ‘Endgame’ is planned for a summer 2024 launch. Phase 1 will involve the back-to-back release of all of Endgame’s major features. MakerDAO emphasized these as the essential drivers of growth. The objective is to rapidly establish a fully functional virtuous cycle where […]

PRESS RELEASE. Geneva, Switzerland, March 13, 2024 – TRON DAO is glad to announce the integration with Amazon Web Services (AWS). This integration introduces the TRON Full Node on AWS, enabling users and developers to launch a TRON Full Node with unparalleled ease and efficiency. Seamless Full Node Deployment on AWS Through this integration, launching […]

In the aftermath of digital heists, legal relief remains scarce for victims suing cryptocurrency platforms and mobile service providers accused of …

Aussie crypto analyst Miles Deutscher believes that the altcoin hype for the next bull run will be focussed on three sectors: memecoins, AI and GameFi. AI has already run very hot in the 2024 rally to date, while GameFi is still slow off the blocks. This presents a buying opportunity as several major projects near […]

Solana has exploded in on-chain activity over the past week, reflecting a spike in the coin’s (SOL) value. The network’s most popular NFT marketplace, Tensor, announced the inception of the Tensor Foundation, which will oversee development. The team plans to introduce a native token, TNSR, to assist with governance and future direction. Just days after […]

The European Union’s pursuit of regulatory clarity in the realm of cryptocurrencies took another stride as the European Banking Authority (EBA) published its latest draft requirements for stablecoins, referencing multiple currencies under the Markets in Crypto Assets (MiCA) regulation today (Wednesday). EBA Sets Guidelines for Complaints on Asset Reference Tokens Collaborating with the EU’s markets […]

Has Solana (SOL) reached its local peak yet?

Bitcoin (BTC) danced into uncharted realms this week, breaking barriers with a triumphant surge that pushed its value beyond the $73,000 mark. The cryptocurrency world, once again, finds itself in the midst of a thrilling price discovery phase, propelled by an amalgamation of bullish indicators and a notable shift in investor sentiments. Related Reading: Cardano […]

The cryptocurrency community is bracing for potential price fluctuations in ARB tokens as a significant number of tokens are set to be unlocked soon. On March 16, 1.11 billion ARB tokens, amounting to $2.26 billion and constituting 76.62% of the circulating supply, will become available for trading. This unlocking event includes 673.50 million ARB tokens […]

BitGo, a prominent provider of Bitcoin wallets and custody solutions, has unveiled a new enhancement to its platform with the introduction of Replace-By-Fee (RBF) integration, according to a press release sent to Bitcoin Magazine. This new feature is designed to increase the speed of Bitcoin transaction processing, offering users greater flexibility and control over their […]

TL;DR Bifrost has launched LoopStake, a new product that simplifies leverage staking on Polkadot. LoopStake offers a one-click experience, eliminating the need for manual loops and making leverage staking more accessible and efficient for users. Bifrost’s liquid staking protocol has around $150 million in total value locked (TVL), reflecting a growing interest in this tool […]

TL;DR SEC orders SkyBridge Capital to withdraw its Bitcoin ETF application due to lack of timely amendments. SkyBridge had submitted the application more than nine months ago without it being effective. Eric Balchunas suggests that the launch of the ETF could have increased fund flows by 15%. The Securities and Exchange Commission (SEC) has issued […]

Remember Covid-19? The virus that brought the world to its knees within months and some of the consequences can be felt four years later? Well, it was this time in March 2020 when the World Health Organization declared the unknown virus that supposedly stemmed from bats in China as a pandemic. This led to a […]

Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to disclose the identities and transaction histories of its top 100 users. Detained Executives’ Families Demand Their […]

The U.S. Attorney's Office for Massachusetts is asking a court to return $2.3 million in stolen cryptocurrency obtained in a romance scam.

Longtime crypto skeptic JPMorgan chief executive Jamie Dimon says he will never buy Bitcoin (BTC) even as the digital asset soars to a new all-time high (ATH). In a new Reuters report, Dimon continues his criticism of Bitcoin during remarks at the Australian Financial Review business summit during a live stream from New York. He […]

One of the most significant events within the Bitcoin ecosystem is the Bitcoin halving, an event that reduces the reward for mining new blocks by half. The event next month occurs approximately every four years and has profound implications for the cryptocurrency industry. The halving is a pivotal moment for the crypto industry, influencing everything […]

Ethereum (ETH) has been showing a solid performance lately, leaving investors both ecstatic and wary. The world’s second-largest cryptocurrency, boasting a market capitalization of nearly $480 billion, recently surpassed the coveted $4,000 mark for the first time since December 2021, igniting a flurry of bullish predictions. But is this a genuine resurgence, or are we […]

Compared to the overall market, ATOM has seen relatively modest gains of 35% in the past month. Crypto analyst highlights ATOM’s current low against Bitcoin as an indicator of its undervalued status, suggesting significant growth potential. Grayscale’s launch of a new fund which includes ATOM for staking income, positions the asset for further growth. After […]

Bitcoin has experienced a remarkable 360% rise in 476 days, soaring from USD $15,782 to a current high of USD $71,911.08, repeatedly setting new records. Rekt Capital forecasts Bitcoin’s next market peak between late November 2024 and January 2025, based on historical trends of reaching new highs 266 to 315 days post-ATH. Current data places […]

Altcoin season looms, data shows market liquidity support

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. Bitcoin has had another period of intense and record-breaking success, spurred on both by positive developments […]

Bitcoin (BTC) has been recording new highs, and with its uptick, established coins such as BNB and GALA have been some of the top gainers. However, despite their stellar performance, Algotech (ALGT), a new presale token, is taking all the credit as the crypto with the most potential growth. Can ALGT live up to BNB […]

The National Tax Service in South Korea is preparing to launch a virtual asset tax system to curb cryptocurrency tax evasion.

The tokenization of real-world assets offers “far-reaching” new functions, according to Travis Hill, the vice chair of the U.S. Federal Deposit Insurance Corporation (FDIC). In a new speech at the Mercatus Center, Hill says real-world asset tokenization offers programmability, the ability to hard-wire value transfers that automatically self-execute when certain conditions are satisfied. Tokenization also […]

TL;DR The implementation of Dencun on the Ethereum mainnet has been successfully carried out. One of the main goals is to address the scalability and cost challenges facing Ethereum. The introduction of “blobs” of data through EIP-4844 will provide a new space to store data on the ETH blockchain, facilitating data management and reducing associated […]

[PRESS RELEASE – Austin, Texas, March 13th, 2024] SendingNetwork, communication infrastructure for web3, today announced the launch of its testnet for bandwidth mining. This launch is set to revolutionize the way we utilize bandwidth around the world. Through the implementation of an incentive testnet, rigorous security measures, and a clear roadmap towards token launch, SendingNetwork […]

The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had contracted the services of a third-party company to help in this task, and it is scheduled to be […]

Upskilling focuses on expanding employees’ abilities and scope of knowledge within their current field. Our always-on mentality toward upskilling drives investment in the growth and advancement of our global team through initiatives like our Talent and Development program. Why invest in upskilling? Doom and gloom about technology eliminating human jobs has been around for hundreds […]