Aleksej Besciokov, a Lithuanian national who had been staying in Varkala was a key suspect in a cryptocurrency fraud case in the US.
The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar to the Terra-Luna meltdown that led to the industry’s longest crypto winter. Algorithmic stablecoins employ code-based mechanisms to ensure their price stability, as opposed to fiat stablecoins pegged directly to the value of the underlying […]
Key Takeaways: Michael Saylor proposes the U.S. government should acquire 25% of the total Bitcoin supply. They’d like to get trillions of dollars in revenue so they can fund the future of America. Critics warn of volatility, security risks and political backlash. Michael Saylor, a key voice in the Bitcoin community, whose company has been […]
In the last 24 hours, the kinds of wallets that are known to hold “smart money” have been making impressive moves. They’ve been focusing on a number of emerging trends in the crypto space, from integration of AI and blockchain to the next big thing in meme coins. Our latest daily report shines the spotlight […]
A closely followed analyst believes that Bitcoin (BTC) remains in bull territory despite widespread calls for a market downtrend. Pseudonymous analyst Inmortal tells his 231,200 followers on the social media platform X that Bitcoin tends to witness a two-stage bull market based on historical precedence. The trader shares a chart suggesting that the second stage […]
Over the years, investor sentiment has been one reliable way to analyze the Bitcoin and cryptocurrency market. Based on recent on-chain data, an analyst has pointed out how the changing investor sentiment could affect the world’s largest cryptocurrency over the next few weeks. Can BTC Price Charge To New All-Time High? In a recent post […]
Chip-making giant Nvidia’s (NVDA) stock is flashing a major bearish signal — the last time this pattern appeared, it retraced nearly 50%. This may raise questions for the AI crypto sector, which has, at times, seemed to react to Nvidia’s price. “NVDA just formed a Death Cross for the first time since April 2022. The […]
A study by Atmos ranks the UAE as the world’s most crypto-obsessed country due mostly to its high crypto ownership and adoption rates. UAE Has Highest Crypto Ownership Rate Globally According to a study by Atmos, the United Arab Emirates (UAE) is the world’s most crypto-obsessed country, with a score of 98.4. The Middle Eastern […]
Bloomberg sees relatively small chance of U.S. government actually buying Bitcoin this year
Example of Diamond Hands in Action: … HODL is a popular term in the Bitcoin and cryptocurrency community that means holding onto your crypto assets …
TL;DR Ever since it went live, Pi Network’s PI token has continued to be a controversial topic in the crypto community, but its price has slumped hard after the recent peaks. However, certain tokenomics and technical patterns point to a price reversal in the near future. The massive Pi Network community finally saw the release […]
Key Takeaways: Recent reports suggest that China is accelerating efforts to build a strategic Bitcoin reserve as US regulations evolve. Bitcoin prices may rise as Chinese economic stimulus measures drive capital back into Bitcoin toward the end of the quarter. Bitcoin market dynamics are shifting amid escalating Sino-US tensions. Rumors and speculation abound in the […]
Since 2023 began, Bitcoin ($BTC) and Ethereum ($ETH) have for the first time ever shown negative net position changes, with a combined total of -$3 billion over the past three days. This trend marks a pivotal moment for the two flagship cryptocurrencies, as their movement is supposedly indicative of a new phase in investor behavior […]
The XRP price is showing signs of a potential breakout, with a crypto analyst pointing to key technical indicators that suggest a potential surge to $4. Notably, the cryptocurrency has been trading within a descending trendline, but a decisive move above this resistance could ignite a long-awaited rally to a new all-time high. XRP Price […]
Cryptocurrency wallet providers are getting more sophisticated, but so are bad actors — which means the battle between security and threats is at a deadlock, says a hardware wallet firm executive. “It will always be a cat and mouse game,” Ledger chief experience officer Ian Rogers told Cointelegraph when describing the constant race between crypto […]
A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang Ming, deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, U.S. dollar-pegged stablecoins, not bitcoin ( BTC) or […]
Does rate of #BTC have enough energy for price blast?
Proscribed organisations, including Tehreek-e-Taliban Pakistan (TTP), are raising funds through cryptocurrency, with recent appeals for financial aid …
The FBI is issuing an alert over an ongoing ransomware campaign known as “Medusa” that’s hit hundreds of victims. Medusa is a type of malicious software first discovered in 2021 that encrypts its victims’ files before demanding a ransom in exchange for a decryption key. Medusa actors typically gain initial access through deceptive phishing emails […]
Binance is planning on launching trading support for the new native asset of a decentralized network focused on secure data storage. Binance Launchpool, which lets users stake coins to farm new assets, says its 65th project will be Nillion (NIL), a secure computation network that decentralizes trust for high-value and private data. Explains the project, […]
The past week or so has gone without any major fireworks in either direction, unlike the events from the previous one, and BTC remains stuck at around $84,000. However, the cryptocurrency doesn’t tend to stay steady for long, so this could be simply the calm before the storm. Whale Activity Warning As we have explained […]
The SEC vs Ripple case concluded on March 19th following the SEC’s decision to drop the case, marking a monumental win for Ripple and XRP. Following the news, XRP immediately jumped from $2.32 to $2.56, and although it hasn’t managed to go higher over the past 24 hours, it stands a chance to soar further […]
The current Bitcoin (BTC) bear market, defined as a 20% or more drop from the all-time high, is relatively weak in terms of magnitude and should only last for 90 days, according to market analyst and the author of Metcalfe’s Law as a Model for Bitcoin’s Value, Timothy Peterson. Peterson compared the current downturn to […]
TL;DR Michael Saylor predicts that Bitcoin will reach $13 million in twenty years, basing his estimate on the asset’s limited supply. Strategy holds 499,096 BTC valued at $44.64 billion, making it the largest corporate holder of BTC. The forecast has generated mixed opinions; some see long-term potential, while others highlight regulatory risks and volatility. Michael […]
Most of the last trading week presented another stale price action in the Bitcoin (BTC) market undergoing a sustained consolidation. While the premier cryptocurrency recorded a price breakout on March 20 to reclaim the $87,000 price zone, selling pressure soon forced a return to below $84,700, resuming a sideways movement. Meanwhile, Bitcoin’s price action over […]
A widely followed crypto trader says that one catalyst could cause a massive amount of new investors to flood into the digital assets market. In a new video update, Guy Turner, the host of CoinBureau, tells his 2.66 million YouTube subscribers that several big-named crypto companies may launch their initial public offerings (IPOs) in the […]
Ethereum’s availability on exchanges has been reduced dramatically to the lowest amount in nearly a decade. Exchange liquidity for Ethereum is down a staggering 37% over the past year. Not only are many of the platforms that used to offer Ethereum now gone (think Bitrex and Cryptopia), but even those that survived have slashed their […]
Bitcoin’s crashes often spark 190% rebounds, making Bitwise more bullish than ever as market chaos signals a prime setup for explosive upside. Bitwise CIO Says Bitcoin’s ‘Dip Then Rip’ Pattern Is Flashing a Bullish 190% Setup Matt Hougan, chief investment officer at asset management firm Bitwise, used his March 17 memo to explain why bitcoin […]
Bitcoin proponent Max Keiser calls XRP pre-mined security despite Ripple’s win over SEC
Pakistan has announced that it will "legalize" cryptocurrency transactions. However, a lot more clarity is needed if the nation aims to make …
In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from $51.2 million to $79.5 million. Market Participation Plummets Despite this growth, both the average daily sellers and buyers declined significantly, with daily sellers dropping 43.0% […]
As the settlement of the SEC vs Ripple case in XRP’s favor shakes the market, Bitcoin (BTC) saw its price surge beyond $85,000 with the broader market cap crossing $2.8 trillion for the first time since March 9th. Amidst the market-wide rebound, Solana (SOL) is also recording gains as it went past $135 earlier today. […]