A solo miner hit what many are calling a jackpot, as he mined a Bitcoin block #887,212 with just a 480-gigahash per second (GH/s) Bitaxe machine. He earned a total of 3.15 Bitcoins, which includes 0.025 $BTC in transaction fees. This, as per current prices, amounts to a whopping $257,963. The miner is a part […]
Vocal opposition to the European Central Bank’s (ECB) digital euro project reportedly swelled after the institution’s payment system crashed last month. TARGET2 (T2), the ECB’s real-time gross settlement system, went down in late February, which prevented payments from being processed for several hours. Now, some members of the European Parliament, a legislative body of the […]
TL;DR Annual inflation in the U.S. fell to 2.8%, improving economic expectations and pushing Bitcoin above the $84,000 mark. The crypto market reacted positively, with notable gains seen in XRP, Cardano, and Solana. Analysts warn of possible future inflationary risks from Trump’s tariff policies, though the Federal Reserve continues holding interest rates steady. The latest […]
TL;DR Cboe BZX has requested SEC approval to allow staking in Fidelity’s Ethereum ETF, offering additional yields to investors. The SEC is evaluating the proposal in a new context of increased openness toward cryptocurrency-based financial products. If approved, it could drive competition among ETFs and impact ETH liquidity in the market. Cboe BZX has submitted […]
Dogecoin’s return above $0.20 still problematic
VICTORIA, Seychelles, March 12, 2025 (GLOBE NEWSWIRE) — MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has made a.
Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price reverses at key bull market trendline Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching three-day highs of $84,437 on Bitstamp before reversing. The January print of the […]
Pompliano claims Trump is deliberately crashing markets through tariffs to force interest rate cuts, pointing to falling Treasury yields as evidence. Bitwise’s Hougan calls market disappointment over the Strategic Bitcoin Reserve “absurd”, noting that simply not selling existing holdings is significant. The Executive Order’s language suggests the government will acquire more Bitcoin, indicating firm intent […]
10X Research CEO Markus Thielen sees the current memecoin focus as a potential market top signal, similar to DeFi and NFTs in previous cycles. Nansen analyst Aurelie Barthere suggests Bitcoin could test US$70-72k as part of a normal bull market correction. RealVision CEO Raoul Pal describes this as “just a regular correction” due to liquidity […]
Bitcoin is currently trapped within a tight price range, bounded by the ascending channel’s lower boundary at $78K and the 200-day moving average at $83K. A breakout from this range will likely determine the next significant market trend. Technical Analysis By Shayan The Daily Chart Bitcoin has been maintaining a bearish market structure, recently experiencing […]
Large holders of Bitcoin (BTC) have accumulated BTC worth hundreds of millions of dollars over the past week amid the crypto selloff, according to analytics platform Santiment. Santiment says that since March 3rd, Bitcoin whales and sharks have collectively added 4,486 BTC to their holdings amid panic by retail crypto traders over the past couple […]
ARK Invest’s Cathie Wood is predicting that recessionary pressures will soon end, setting the US economy up for a massive economic boom in the second half of 2025. Wood tells her 1.7 million followers on the social media platform X that the US economy is currently experiencing the final stages of a rolling recession, setting […]
On Tuesday, March 11, bitcoin ETFs experienced net outflows of $371 million, marking a full week of consecutive withdrawals. Ether ETFs also faced challenges, with $22 million in net outflows, extending their streak to five days. Market Caution Prevails With Bitcoin and Ether ETFs Seeing Continued Withdrawals Investors continued to reassess their positions in bitcoin […]
Key Takeaways: Coinbase expands Bitcoin and Ethereum futures trading to US residents 24/7, the first of its kind in the US. The exchange is also working on perpetual futures, a popular product around the world but not available to U.S. traders in a regulated environment before now. The move, proposed in part to bring U.S. crypto […]
Ethereum (ETH) has revisited yearly lows after losing the key $2,000 support, registering its worst performance in years. Some analysts forecasted another 15% drop if the trend continues but suggested that ETH could see a bullish end-of-year. Ethereum Hits 17-Month Low Ethereum experienced a 15% correction on Monday, falling from $2,150 to $1,810. ETH’s performance […]
The Web3 gaming industry is facing tighter investment conditions as capital flows become more selective, with investors prioritizing sustainable projects over hype-driven fundraising. In February, Gunzilla Games Web3 director Theodore Agranat described blockchain gaming as a “game of musical chairs” in which the same capital cycles through different projects and “no new money” comes in. […]
Bitcoin’s price movement recently has underscored the importance of the short-term holder (STH) cost basis as a key momentum indicator. It has emerged as a vital threshold for the sentiment of this market. And it’s where we are right now Bitcoin, as it moves in the contracting range of the $72,000 to $92,000 levels, testing […]
Shiba Inu touched lows of $0.0000108 amid extended sell-off on crypto market
The US Securities and Exchange Commission (SEC) has delayed its decision on Grayscale’s application for a spot XRP exchange-traded fund (ETF). A notice filed on Tuesday stated that the agency requires “a longer period” to evaluate the proposal. SEC Review of Grayscale’s XRP ETF The SEC acknowledged Grayscale’s application last month, starting a 45-day review […]
Yet, despite the turbulence, Pi Coin has climbed to become the 11th largest cryptocurrency on CoinMarketCap in less than a month since its listing on …
TL;DR Mt. Gox has moved 11,501 BTC, valued at approximately $905 million, to an unidentified wallet, suggesting a possible advancement in creditor repayments. Despite the large amount transferred, Bitcoin’s price impact was temporary, with a quick recovery after a brief 2.4% drop. The exchange still holds $2.8 billion in Bitcoin, with a repayment deadline extended […]
TL;DR VanEck registered an Avalanche ETF in Delaware, a preliminary step before a potential SEC filing. AVAX has accumulated a 65% drop so far this year. Avalanche, designed for executing smart contracts with high scalability, currently ranks 20th in market capitalization with $7 billion. The viability of this ETF will depend on the regulatory process […]
BitMEX co-founder Arthur Hayes thinks downside continuation is possible for Bitcoin (BTC) even after witnessing a 24% correction from its all-time high. In a new post on the social media platform X, the crypto veteran outlines a series of events that he thinks would pressure the Federal Reserve to pivot and end its restrictive monetary […]
“I am proud to reintroduce landmark legislation that will codify President Trump’s bold vision to establish the United States Strategic Bitcoin Reserve and strengthening our nation’s economic foundation for generations to come,” said Senator Lummis on March 11. The Bitcoin Act, or “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act,” as it is […]
Venture capital firms and angel investors are reportedly circumventing lock-up periods for crypto tokens by using market-making firms to trade them off-market. Constructing ‘Two-Sided Books’ Some venture capital (VC) firms and angel investors reportedly have devised methods enabling them to offload locked-up tokens before they can be traded on the open market. According to a […]
Key Takeaways: Coinbase is registered under India’s Financial Intelligence Unit (FIU). This development paves the way for Coinbase to offer cryptocurrency trading services in India. This aligns better with the exchange’s second attempt to empower Indian entrepreneurs and developers in the blockchain space, as opposed to its previous effort Following an initial and brief venture […]
XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone. XRP price started a fresh decline from the $2.200 resistance zone. The price is now trading below $2.1850 and the 100-hourly Simple Moving Average. There is a short-term rising channel […]
Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000. Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss […]
Metaplanet’s current Bitcoin holdings stand at $899 million
If you hold and trade in Bitcoin, Ethereum or any other cryptocurrency, you are probably bracing for the fallout from a possible black swan event, …
The U.S. Department of Housing and Urban Development (HUD) is reportedly mulling over the use of blockchain technology and stablecoins. ProPublica, citing a meeting recording, “three officials familiar with the matter” and other reviewed materials, reports that the executive department is considering using blockchain technology to track HUD grants. Irving Dennis, HUD’s principal deputy chief […]
Crypto staking has taken the crypto space by storm and investors worldwide are flocking in. Unlike the energy-guzzling and expensive hardware needed for cryptocurrency mining, staking crypto is a simpler and more sustainable way to grow your digital assets. With crypto staking platforms like UNITED STAKING, investors are discovering opportunities that offer steady rewards without […]