HodlX Guest Post Submit Your Post From its earliest days, Bitcoin has been demonstrating price patterns that repeat over and over again throughout its history. It appears they are centered around the halving – an event happening in the Bitcoin network every four years. As another halving approaches in 2024, a few other factors may […]
TL;DR Institutional interest in Bitcoin reaches record in the CME futures market. RHODL Ratio shows bullish potential for Bitcoin. Despite the high RSI, the decline in social dominance suggests possible growth in the short term. In the fascinating world of cryptocurrencies, Bitcoin (BTC) remains the undisputed protagonist. During the week, we have witnessed a significant […]
TL;DR Cardano (ADA), a proof-of-stake blockchain platform, has added $2 billion to its market value within a 24-hour trading session, driving its market capitalization to $27.68 billion. The coin’s value is currently $0.78 per ADA, up 7% in the last 24 hours and nearly 27% in the last week. The trading volume for ADA has seen […]
Friend.tech, a Web3 social platform, has revealed that its investors have unanimously decided to waive their rights to sell tokens to users, granting them full control over the funds. The decentralized social media protocol garnered significant attention last year but has recently experienced a decline. Friend.tech Is Looking for a Comeback Friend.tech users have been […]
Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become the world’s “most popular investment asset.” Microstrategy to Buy More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) […]
The cryptocurrency market has soared to a new height, surpassing $2.5 trillion in total market value
The overall cryptocurrency market is brimming with an influx of new funds where investors are reaping handsome profits. Millions worth of Bitcoin …
In a recent technical analysis update, the crypto analyst known as Dark Defender provided insights into the price movements of XRP against the US dollar. The analyst employs the Elliott Wave Theory to dissect the price movements of XRP. This approach, rooted in the psychological patterns of market participants, illustrates price trends through a distinct […]
Crypto fanatics eager for a market-shattering Ethereum spot ETF launch may be in for an underwhelming surprise, according to Bloomberg ETF analyst Eric Balchunas. While the recent launch of multiple Bitcoin spot ETFs in the United States has proven phenomenally successful, Balchunas claims a follow-up launch for Ethereum would be “small potatoes” compared to the […]
Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin due to spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a new era […]
Cryptocurrency market about to face substantial correction
TL;DR BlackRock’s IBIT Outperforms Silver ETFs with $10B in Assets, Reflecting Bitcoin’s Prominence. Approval of Bitcoin ETFs in the US drives interest; IBIT displaces GBTC from Grayscale. BTC ETFs lead over traditional ETFs, indicating shift in preference towards cryptocurrencies. The recent entry onto the scene of the BlackRock iShares Bitcoin ETF, trading under the symbol […]
Criminal – Cryptocurrency … “After an eight-day trial, a jury convicted Randall Crater of wire fraud, unlawful monetary transactions, and operating an …
Quant analyst PlanB says that Bitcoin (BTC) has now entered the stage of its market cycle where extreme price pumps and volatility are commonplace. In a new strategy session, PlanB shares a chart with his 118,000 YouTube subscribers that attempts to indicate the four phases of Bitcoin’s market cycles: the accumulation phase, the bull market, […]
Bitcoin (BTC), the leading cryptocurrency, continues its remarkable bullish run, surpassing the $65,000 mark on Monday and inching closer to its all-time high of $69,000. Simultaneously, BTC has achieved a significant milestone against the Euro as economic concerns escalate across Europe. BTC Achieves Record Highs Against 14 G20 Currencies Despite previous skepticism from European authorities, […]
Shiba Inu started a major rally last week and this week it seems keen to continue. In the following, we take a look at a few technical indicators that might provide some insights into why SHIB’s price is up today. Key Support levels: $0.000025 Key Resistance levels: $0.000037 1. Major Rally in Progress After more […]
Top executives from Binance have been summoned to appear before the Nigerian House of Representatives Financial Crimes Committee no later than March 4. Ginger Onwusibe, the committee’s chairperson, has warned of possible repercussions should Binance executives fail to comply with the request. Latest Escalation in the Standoff Between Binance and Nigerian Authorities The Nigerian House […]
In a landmark achievement, Bitcoin’s market capitalization has soared beyond that of Meta
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's …
A closely followed trader in the crypto space says that Dogecoin (DOGE) is likely going to print sizeable gains once a proper bull market kicks off. The pseudonymous trader known as Altcoin Sherpa tells his 209,000 followers on the social media platform X that while it may not be the most original investment thesis, DOGE […]
TL;DR Vitalik Buterin praises Reddit’s decision to involve contributors in its IPO but criticizes US regulations that limit participation. Buterin appreciates Reddit’s experimentation with “contributor ownership” and sees similarities with user empowerment in crypto. Buterin also highlights the funding gap in the crypto infrastructure, where meme coins get more attention than essential components. Vitalik Buterin, […]
TL;DR A withdrawal of over $2 billion in Bitcoin from exchanges was recorded on March 1, approaching a historical record in the cryptocurrency. Glassnode data shows a notable decrease in the total BTC stored in major exchanges, reaching the lowest level since March 2018. BTC has reached $65,000. Analysts suggest a possible bullish momentum in […]
CryptoQuant analysis highlights that fears of OTC desks running out of Bitcoin are unfounded. Misinterpretations surrounding OTC desk balances have been clarified by assertion that the observed decrease does not signify a shortage of Bitcoin for trade. It rather reflects the volume of Bitcoin being actively traded and accumulated. In the crypto world, the ebb […]
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. The United States federal government has once again added to its substantial Bitcoin hoard, transferring $922 […]
On-chain data shows Shiba Inu (SHIB) and other memecoins in the sector have observed a sharp boost in their volumes alongside their rallies. These Memecoins Have Enjoyed 3,000% Average Volume Increase According to data from the on-chain analytics firm Santiment, the trading volume of the memecoins has shot up recently. The “trading volume” here refers […]
Economist Daniel Lacalle warns that the real threat to the US dollar’s dominance is not Bitcoin but the unsustainable fiscal policies
Man sentenced to 5 years for orchestrating a cryptocurrency scam targeting AfreecaTV streamers & reflects rising crypto scam in SK.
A widely followed analyst says that a gut-wrenching correction may be in the cards for the crypto king Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 792,000 YouTube subscribers that BTC has a history of retesting previous macro resistance levels as support before climbing higher. According to Cowen, Bitcoin did […]
ARK Invest chief executive Cathie Wood says that an explosive Bitcoin (BTC) price surge to $1,500,000 is still in the cards. In a new interview with science and tech entrepreneur Peter Diamandis, Wood says that ARK’s prediction for the flagship digital asset hitting a price tag of $1.5 million by 2027 still has time to […]
Bitcoin prices surged to $65,500 in early trading on Monday, March 4. The move has pushed the asset to its highest price since November 2021 and just 5% away from its all-time high, which also came that month. Moreover, BTC has now gained more than 300% from its cycle low of just below $16,000 in […]
Moneyhash, a digital payments fintech startup, recently secured $4.5 million in a seed funding round. The fintech startup said it will use the capital raised to enhance its technology and fund its regional expansion drive. The Impact of COVID on Payments Moneyhash, an Egyptian fintech startup, recently secured $4.5 million in a seed funding round. […]
TL;DR Record weekly revenue: $1.84 billion. Bitcoin dominance: 94% of flows, $1.72 billion. Interest in Ethereum: Highest inflow since 2022, $85 million. The digital asset market continues to see notable momentum, as revealed by CoinShares Research’s weekly report. Over the past week, the second-highest weekly inflow into digital asset investment products was recorded, totaling an […]