TL;DR All-Time Record Trading Volume: January marked a milestone with an unprecedented volume of $17.9 billion in Ether options, evidencing strong interest in the market. Notable Bullish Sentiment: The put-call ratio of 0.31 before expiration and the preference for call options suggest a clear bullish sentiment among Ether traders. Short-Term Optimism: The concentration in call […]

Shiba Inu and Dogecoin created an excitement heightened by the meme coins' performance in 2021. Remember the thrill of watching your investment …

A significant shift is occurring in the Bitcoin mining landscape as the fourth halving event approaches, which is set to reduce the supply subsidy of BTC from 6.25 BTC for every block to 3.125 BTC per one. With approximately just 82 days left, Bitcoin miners appear to be selling their reserves, according to the latest […]

Is price of Cardano (ADA) ready for bounce back?

Ever noticed how Bitcoin prices swing wildly after certain news hits the headlines? The volatile digital currency can see its value change rapidly with market buzz, often triggered by media reports and global events. This article dives into the powerful effect that news and happenings have on Bitcoin’s price, laying out clear insights for curious […]

On January 25, the Bank of England (BoE) and HM Treasury published a response to the Consultation Paper regarding a ‘digital pound’ issued in February of 2023.  The consultation paper sought the public’s feedback on introducing a UK central bank digital currency (CDBC). Is The UK Ready To Introduce Their CBDC? The BoE and HM […]

Option2Trade (O2T) is a platform that offers traders versatile features, social trading capabilities, and advanced AI algorithms to navigate the anticipated 2024 bull run. With Binance Coin (BNB) potentially reaching $480 by the end of 2024, leveraging these platforms and understanding market dynamics can help traders succeed in the ever-changing cryptocurrency market. Option2Trade (O2T): A […]

The foundational concept of cryptocurrencies is one of decentralization of finance to prevent institutional malpractices that result in crises …

Bitcoin’s value dipped below $39,000 this week, erasing almost all gains made in the last two months, which were fueled by expectations of approval for a spot BTC ETF in the United States. But the introduction of the much-anticipated funds ended up being a classic “sell-the-news” event. The term is a well-established concept in capital […]

A group of US senators from both sides of the aisle say the nation’s financial woes are putting the American Dream out of reach for younger generations. Senators Mitt Romney (R-Utah.) and Joe Manchin (D-W.Va.), and Representatives Bill Huizenga (R-Mich.) and Scott Peters (D-Calif.) penned an op-ed on The Hill saying the US national debt […]

As Grayscale leads exodus of Bitcoin spot ETFs, Fidelity and BlackRock shine with net inflows

Ethereum price is attempting a recovery wave above the $2,200 zone. ETH could start a decent increase if it settles above the $2,240 resistance. Ethereum started an upside correction from the $2,165 zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance […]

The lawyer convicted of laundering $400 million from the OneCoin cryptocurrency fraud was sentenced to 10 years in prison.

Chainlink appeared weak across the major timeframe but the price is still within a tight range after two months’ trading. The price will remain trapped in the range until a breakout occurs. Down 10% in a month. Despite the ups and downs in the past two months, Link is trading well above $13 after a […]

BitMEX co-founder Arthur Hayes says he thinks Bitcoin (BTC) will continue to drop in price, and that he’s prepared to load up on specific altcoins if it does. In a new analysis, Hayes notes that a 30% correction is due for the crypto king from its 2024 high of around $48,000, which it reached after […]

Top US crypto exchange Coinbase added two under-the-radar altcoins to its listing roadmap this week. The exchange’s customers may soon be able to trade Aerodrome Finance (AERO) and Velodrome Finance (VELO), according to a new announcement. Aerodrome Finance is a trading and liquidity marketplace on Base, Coinbase’s Ethereum (ETH) layer-2 scaling solution. The project is […]

Galaxy Digital, the renowned cryptocurrency investment firm, has recently released its bold predictions for Bitcoin and Ethereum in 2024. The firm anticipates a year of intense competition and unprecedented challenges, particularly for Ethereum. Super insightful report from the @glxyresearch team… They share predictions for the year ahead on everything from bitcoin ETFs to crypto and […]

The Securities and Exchange Commission (SEC) has postponed its ruling on BlackRock’s request to introduce a spot Ethereum ETF until March. As the largest fund manager globally, BlackRock submitted its application for a spot Ethereum exchange-traded fund (ETF) in November. SEC Delays Decision on BlackRock Spot Ethereum ETF According to a filing on the SEC […]

Mark Scott, the lawyer who laundered $400 million for the OneCoin crypto scam, has been sentenced to ten years in prison. He was convicted of two counts related to bank fraud and money laundering in 2019. The Sentencing after a Long Wait Scott was sentenced yesterday (Thursday) by Judge Edgardo Ramos of the US District […]

XRP price is consolidating above the $0.50 support. The price could gain bearish momentum if there is a close below the $0.50 support. XRP is showing bearish signs below the $0.525 and $0.550 resistance levels. The price is now trading below $0.525 and the 100 simple moving average (4 hours). There is a connecting bearish […]

How long is drop of Binance Coin (BNB) going to last?

Validation of transactions on a blockchain network, the participants in cryptocurrency for staking lock up a certain quantity.

Introduction The transition from Fiat Standards to the Bitcoin Standard, though highly desirable, is not inevitable or necessarily imminent. The timing and occurrence of these changes hinge on the adoption choices made by individuals, organizations, and public entities. These decisions are influenced not only by rational considerations but also by emotional and irrational factors (greed […]

A widely followed crypto analyst believes that Bitcoin (BTC) is on an uptrend despite a sharp drop from its 2024 high of nearly $49,000. In a new video update, crypto strategist Kevin Svenson tells his 71,500 YouTube subscribers that he remains bullish on the crypto king despite the negative market sentiment surrounding it. “We are […]

The co-founder and CEO of market intelligence firm CryptoQuant says he believes that blue-chip financial institutions getting involved in Bitcoin (BTC) could spark the biggest bull run yet. In a new thread, Ki Young Ju tells his 332,000 followers on the social media platform X that he expects an explosive Bitcoin bull cycle with the […]

ARB lost more than 16% in the last 7 days but has taken a slight break after finding a temporal support some days back. It appears set for a small gain but is more likely to resume selling pressure shortly. After initiating sell off from a 10-month peak two weeks ago, ARB witnessed a serious […]

UP Fintech Holding Limited, the Tiger Trade online brokerage operator, has received approval from the Hong Kong Securities and Futures Commission to upgrade its license to include dealing in virtual assets. This makes UP Fintech one of the first brokerages in Hong Kong to offer crypto trading services. Hong Kong Regulator Approves UP Fintech for […]

Michael van de Poppe, a prominent crypto analyst, recently outlined three key factors that could herald a bullish phase for Ethereum, the second-largest crypto by market capitalization. One crucial factor he identifies is Bitcoin’s current behavior. The analyst pointed out that as the market leader, Bitcoin’s recent signs of bottoming out tend to precede altcoin […]

TL;DR Ethereum announces the next Dencun update to reduce fees in Layer 2, rolling out to testnets such as Goerli, Sepolia and Holesky in the coming weeks. The upgrade, happening after Shapella, introduces changes to ETH consensus and execution, highlighting the inclusion of ephemeral “blobs” with EIP-4844 to optimize the network. Analysts predict a boost […]

TL;DR EigenLayer Drives Liquid Restaking: EigenLayer is leading the liquid restaking trend, generating $600 million and attracting interest in DeFi. Pendle and Advanced Restaking: Pendle allows for restaking of already staked crypto, offering compounding return opportunities. Multi-Chain Commitment and Layer 2 Competition: Increase in multi-chain commitment and intense competition between Ethereum’s Layer 2 anticipates a […]

Changpeng Zhao, the founder of the crypto exchange Binance, encountered a setback last month when a federal judge denied his request to travel to the United Arab Emirates. CZ proposed using his substantial $4.5 billion stake in Binance as collateral, based on the company’s valuation from its last fundraising round two years ago. However, the […]

Trezor, the cryptocurrency wallet service, has issued an urgent warning about a phishing attack that could affect users of Bitcoin, XRP, and other cryptocurrencies