As the broader cryptocurrency market breaks out on the back of Bitcoin’s big rally, FET is the next altcoin to double-digit gains. The AI cryptocurrency at one point hit 14% higher intraday. The move could be the start of something special, according to a “golden” signal in Fetch.ai. FET Soars 14% As Golden Cross Triggers […]
The outflow of assets from crypto exchanges is considered a bullish sign, as it indicates traders are moving their assets away from exchanges and no longer want to sell.
So as Sam Bankman-Fried stands trial for wire fraud, securities fraud, commodities fraud, money laundering and campaign finance violations, let’s remember one thing above all else: crypto itself is not on trial. Bitcoin is a technological fortress built to endure, and no amount of speculative narratives or individual fallibility could ever change that. After FTX’s […]
MicroBT, a prominent Bitcoin mining hardware manufacturer, made an industry-leading announcement in hash efficiency at the Blockchain Life 2023 event in Dubai. The company unveiled its latest generation mining rigs, the Whatsminer M60 series, encompassing hydro, immersion, and air-cooling models. During his opening speech, Dr. Zuoxing Yang, the founder and CEO of MicroBT, reiterated the […]
TL;DR Holding 158,245 BTC, MicroStrategy’s unrealized profit is around $750 million with an average cost below $30K per BTC. In November 2021, the company’s unrealized profits peaked at $3.5 billion when Bitcoin was near $70,000. Michael Saylor, MicroStrategy’s Executive Chairman, champions Bitcoin for its inflation protection and once forecasted a $1 million valuation for the […]
KuCoin, a top-tier cryptocurrency exchange ecosystem, announces the listing of Openfabric AI (OFN), a new-gen cryptocurrency for AI-focused use-cases
Grayscale Investments has partnered with FTSE Russell to unveil five crypto sector indices. This step followed a recent federal appeals court ruling that reignited hopes for the approval of Grayscale’s spot Bitcoin exchange-traded fund (ETF), initially rejected by the US Securities and Exchange Commission (SEC). Dubbed the FTSE-Grayscale indices, the suite of crypto indices tracks […]
A condominium corporation's decision to spend $500,000 on a cryptocurrency product called “Pink Piggy Investment Group” has resulted in the …
London’s Metropolitan Police have reportedly assembled a 40-person team dedicated to cracking down on crypto crime. According to a new report from the Financial Times, the police force’s crypto team began recruiting last December and became operational in May. Detective Inspector Geoff Donoghue, who works on the Met’s crypto investigation team, tells the FT that […]
Investors who had bet low on the price of Bitcoin, known as “Bears”, faced colossal losses, but overall, the entire crypto market was affected, the sums amounting to a staggering + $315 million dollars in the last 24 hours, when the value of Bitcoin briefly surpassed the $35,000 barrier. The liquidation of these bearish positions […]
Ark Invest, the investment firm led by Cathie Wood, has sold some of its shares in Coinbase and Grayscale Bitcoin Trust, two of the most popular crypto-related assets, amid a rally in the cryptocurrency market. According to the firm’s daily trading activity reports, Ark Invest sold a total of $5.8 million worth of Coinbase and […]
Bitcoin (BTC) prices are pumping as spot exchange-traded fund (ETF) hype ramps up sending the asset to an 18-month-high. Gold prices surged in the years following its first ETF approval, but will Bitcoin follow suit? Bitcoin prices touched $35,000 during the Tuesday morning Asian trading session. Moreover, the massive move marks a 14% daily gain […]
In a remarkable turn of events for the business intelligence (BI) company MicroStrategy, the recent bullish momentum of Bitcoin (BTC) has resulted in significant profits and a resurgence for the company. MicroStrategy has returned on a profitable trajectory after a prolonged period of market downturn and losses suffered by companies with cryptocurrency holdings. MicroStrategy’s Bitcoin […]
Marinade Finance holds over $265 million in total value locked, accounting for 70% of all funds locked on the Solana blockchain.
Digital assets manager CoinShares says Ethereum (ETH) rival Solana (SOL) is an institutional favorite as the crypto market boils over with Bitcoin (BTC) exchange-traded fund (ETF) fervor. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors have poured more money into Solana than any other non-BTC digital asset over the last week and […]
A popular crypto analyst says that one Ethereum (ETH)-based altcoin is looking ready for a big burst to the upside. The pseudonymous trader known as Altcoin Sherpa tells his 196,000 followers on social media platform X that the decentralized oracle service Chainlink (LINK) is one of the strongest projects in the industry with the altcoin […]
The crypto market is rising again, with Bitcoin (BTC) bouncing back above $33,000 and Ethereum (ETH) trading above $1,800. In this positive environment, several key factors could propel the Bitcoin price to $40,000 in the near term. This article takes a closer look at these factors before highlighting the new presale project Bitcoin Minetrix (BTCMTX), […]
Amid Bitcoin’s surge past $35,000, other top cryptocurrencies also mark their presence
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) are responding to the changing landscape of virtual assets. The regulators have updated their policies with increasing inquiries from intermediaries about distributing crypto-related products and services. From the reading of the latest circular, it appears that cryptocurrencies are “complex products” that should […]
India stands first when it comes to grassroots cryptocurrency adoption, according to blockchain analytics platform Chainalysis' 2023 Global Crypto …
Bitcoin is back. The world’s largest digital asset has surged to a new high for the year, topping $35,000 during Asian trading. Moreover, institutional appetite has returned with the fourth consecutive week of inflows to crypto products. Bitcoin (BTC) prices have reached their highest level since May 2022, tapping $35,066 during the Tuesday morning Asian […]
The Bitcoin price barreled past the $35,000 level on multiple exchanges about an hour ago and has continued to maintain impressive bullish momentum. The reason for the surge is once again tied back to the anticipation around a potential approval of the BlackRock Spot Bitcoin ETF and the expectations of it triggering a bull market. […]
The Grayscale Bitcoin Trust is the largest asset held by the ARK Next Generation Internet ETF, accounting for more than 10% of its portfolio.
HodlX Guest Post Submit Your Post Blockchain technology and smart contracts have emerged as innovative solutions in the world of digital transactions and contracts. These technologies are transforming various industries by enhancing security, transparency and efficiency. In this article, we’ll explore what blockchain and smart contracts are, their applications and their impact on various sectors. […]
In a recent social media uproar, Coinbase has emphatically denied allegations that it had instituted a limit of $5,000 per week on Bitcoin withdrawals. The rumors began circulating after a user’s post on X (formerly Twitter) claimed to have encountered such limitations, gaining significant attention in the digital asset community. Coinbase’s Swift Response to Refute […]
Leading cryptocurrency derivatives and copy trading platform, Bitget, has announced the listing of NerdBot, an all-in-one analytics platform …
Investing in cryptocurrency projects works well for investors with a successful cryptocurrency portfolio. This portfolio comprises cryptocurrencies that can gain value over time and have the most potential to reward the investor. Choosing the individual projects to accommodate in the portfolio depends on the investors’ interests and the underlying intrinsic value of the project the […]
Expert analyst Benjamin Cowen dashes altcoin hopes with blunt Bitcoin prediction
Bitcoin price is up over 15% and trading near the $35,000 resistance. BTC could correct in the short term before it starts another increase. Bitcoin started a strong increase after there was speculation of spot ETF being listed DTCC. The price is trading above $34,000 and the 100 hourly Simple moving average. There is a […]
The blockchain security firm will look to support open-source projects building security and privacy tools and services for Web3.
Paolo Ardoino, CEO of Tether, revealed in an interview with Bloomberg this Thursday that the company plans to publish real-time reserve information, although there is no specific date yet according to official sources told Crypto-Economy. Tether is the largest stablecoin in the industry, boasting a market capitalization of $83.9 billion and consistently exceeding a trading […]
Nym Technologies, a privacy-focused infrastructure provider, today launched its Innovation Fund program aimed at offering financial support for Web3 creators, developers, communities, and privacy proponents across all stages of project development. The initiative, first teased in May 2022, is backed by Nym Technologies’ venture capital investors such as Andreessen Horowitz (a16z), Polychain Capital, Greenfield, Huobi […]