Bitcoin price extended its increase toward the $28,500 resistance. BTC corrected gains and is currently holding a key support at $27,350. Bitcoin climbed further higher above the $28,000 and $28,200 resistance levels. The price is trading above $27,400 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support […]
Sam Bankman-Fried’s legal team is attempting to block certain investors and insiders from testifying at the crypto outcast’s highly publicized fraud trial. According to a letter sent from the former FTX executive’s legal representatives to Judge Lewis Kaplan, certain investors and witnesses should be kept from going on the public record because the motion to […]
The global central bank umbrella organization has successfully completed a cross-border trading experiment using central bank digital currencies (CBDCs) and decentralized finance (DeFi) technology. The Bank for International Settlements (BIS) worked with the central banks of France, Singapore and Switzerland to test the effectiveness of cross-border trading and settlement of “wholesale” CBDCs (referred to as […]
price bull run towards $28,000 on Oct. 1 was partially fueled by the uncertainty regarding the United States debt limit. However, the U.S. President Joe Biden signed the spending bill just hours before the Sept. 30 deadline, avoiding a government shutdown. Investors now question if the momentum remains favorable for cryptocurrencies given that the worst-case […]
The crypto market is buzzing with anticipation as Ether (ETH) futures ETFs launch in the US for the first time. Investors and traders are keen to discover how this financial instrument could influence Ethereum’s price – with some speculating that it could push the token’s value over the $2,000 mark. While Ethereum remains the talk […]
BTC price has various reasons to return to $20,000, from a “head and shoulders” pattern to a FUD-induced cascade, Bitcoin analysis warns.
There was a lot of anticipation and hype around the launch of nine new Ethereum futures exchange-traded funds (ETFs). On the contrary, very little of this hype has been converted into investment. The Ethereum (ETH) futures ETF products noticed considerably low trading volumes on the first day of launch. The futures ETFs were launched on […]
Is rate of Binance Coin (BNB) ready for local rise?
Nine years ago today, Wikileaks founder Julian Assange made his most substantial public remarks on the nature of Bitcoin, a then five-year-old project that had just broken into the financial mainstream by passing $1,000 the year prior. At that time, Assange was not new to Bitcoin. In fact, Wikileaks had discussed accepting Bitcoin since as […]
Crypto markets are spiking as the launch of three major Ethereum (ETH) futures exchange-traded funds (ETFs) debut. Announcements today from VanEck, ProShares and Bitwise confirm the launches of futures ETFs based on the price of ETH. Says ProShares’ CEO Michael L. Sapir, “We have seen substantial demand from investors for access to the performance of cryptocurrencies through ETFs with […]
The U.S. Department of Justice (DOJ) says that the coconspirators of FTX co-founder Sam Bankman-Fried who have already pleaded guilty will be called to the witness stand during litigation against the disgraced former billionaire. In new court documents, the US government tells Judge Kaplan that it anticipates questioning several types of witnesses, including FTX customers […]
In New York City, a monumental legal tussle is unfolding. Sam Bankman-Fried, once hailed as a cryptocurrency titan with a net worth of $26 billion, now faces an $8 billion criminal trial that could potentially land him in prison for over a century. A year ago, Bankman-Fried was living lavishly in a $40 million penthouse […]
Blockchain Global promoted itself as the nation's biggest cryptocurrency exchange before its spectacular fall from grace. Now, a group of former …
Ethereum price corrected gains from the $1,750 zone against the US dollar. ETH is holding the key $1,620 support and might start a fresh rally. Ethereum is correcting gains from the $1,755 high. The price is trading below $1,700 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line […]
The crypto community has asked Elon Musk to remove the X account under the name of Satoshi Nakamoto claiming it is in breach of the platform’s terms of use.
While Sam Bankman-Fried, often referred to as SBF, faces his fraud trial over the FTX debacle, more details about the former billionaire come to light. FTX famously collapsed in November 2022 after CoinDesk reported issues at the exchange and its trading firm, Alameda Research. At the time, crypto traders and investors lost billions, and the […]
Interoperability blockchain and data oracle Chainlink unveiled a swathe of exciting new features revolving around decentralised finance (DeFi). The popular protocol has been extremely active lately, with the developments coming as they work with multiple big-name institutions (such as SWIFT and ANZ) to improve Web3 interoperability. Included in the release was a staking upgrade for […]
The latest edition of the weekly market report from cryptocurrency exchange Bitfinex revealed that bitcoin (BTC) reserves on centralized exchanges have plunged further to levels last seen in early January 2018. According to the Bitfinex Alpha Report, only 2.03 million BTC currently sits on exchanges. Bitfinex noticed a correlation between the slump in exchange reserves […]
Property arises naturally, through labour (transformation of matter) and through the peaceful exchange of individuals. It is a foundational concept that enables human action by allowing individuals to satisfy needs and navigate uncertainty. This results in resources being used most efficiently as individuals who own them have a strong interest in doing so. In contrast, […]
The co-founder of Aptos (APT) is weighing in on what developments in the digital assets space could attract the next wave of mass adoption. In a new interview with crypto influencer Scott Melker, Aptos CEO and cofounder Mo Shaikh says that three main things could result in a billion new users flooding the space. The […]
Veteran macro investor Luke Gromen says that both Bitcoin (BTC) and gold can flourish as fiscal issues continue to mount within the US economy. In a new interview on the Blockworks Macro YouTube channel, macro investor Luke Gromen says that relentless quantitative easing and a potential pivot from the Federal Reserve will create an environment […]
Let’s see what crypto news the last weekend of September brought in U.Today’s digest
The search for a Bitcoin Exchange-Traded Fund (ETF) in the United States has been to date an elusive journey. Investors, enthusiasts, and financial professionals have been watching the regulatory developments surrounding this new financial product with bated breath. A spot Bitcoin ETF’s attraction stems from its promise to introduce Bitcoin investments to a broader spectrum […]
… cryptocurrency brokerage FTX, begins Tuesday with jury selection. (AP … cryptocurrency trading platform. Manhattan federal court Judge Lewis …
Ripple’s token price is correcting gains from $0.550 against the US Dollar. XRP price could start a fresh bullish wave unless there is a close below $0.50. Ripple’s token price is correcting gains from the 0.550 resistance against the US dollar. The price is now trading above $0.505 and the 100 simple moving average (4 […]
J.W. Verret is the “Blockchain Professor.” He may be tracking your money, but he’s advocating for crypto.
Eastern Asia ranks as the fifth most active crypto market, contributing 8.8% of global digital asset activity between July 2022 and June 2023. Its decline over the last few years has been notable – largely propelled by the big blow to the Chinese trading activity and mining sector. Chainlysis’ latest analysis signals a potential tailwind […]
Swiss multinational investment bank and financial services company UBS is launching a “tokenized money market fund” pilot program on Ethereum (ETH). In a new blog post, UBS Asset Management announces what it calls the “first blockchain-native tokenized VCC fund pilot” in Singapore. Says Thomas Kaegi, Head of UBS Asset Management, Singapore & Southeast Asia, “This […]
Grayscale, the investment management team behind some of the world’s biggest crypto funds, has moved to convert its Ethereum Trust (ETHE) into a spot exchange-traded fund (ETF). ETHE is the stock market’s largest Ether-based fund, with over US $5 billion ($7.86 billion) worth of ETH held in reserve. Due to the current Trust-based structure of […]
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. “Romantic love is an addiction”, says Dr. Helen Fisher, a biological anthropologist at Rutgers University. “My guess is that our modern addictions — nicotine, drugs, sex, gambling — are simply […]
Renowned crypto analyst “Dark Defender” has forecasted a short-term bullish movement for the XRP price, with expectations that the cryptocurrency might hit the $0.66 mark this week. Sharing his insights on Twitter, the analyst referenced XRP’s 1-day chart, highlighting recent price dynamics and key technical indicators. “Hi there. XRP in the daily chart broke the […]
Can rise of top coins continue until end of week?