Securing your cryptocurrency storage starts with selecting the appropriate software wallet. Using multisig wallets, 2FA and password managers are further steps.
The EU’s financial market regulator is seeking industry feedback on whether crypto should be eligible for inclusion in investment funds available to retail investors. The regulator wants feedback on the merits of either direct or indirect exposure to crypto within funds, based on data and insights on the risks and liquidity of crypto markets. Expert […]
TL;DR Despite its recent 14% decline to around $7, some analysts think Polkadot (DOT) has a huge potential to rally in the near future. A potential bull run depends on technical advancements and overcoming certain support zones. Is DOT a ‘Sleeping Giant?’ The blockchain protocol – Polkadot – has passed through numerous developments as of […]
In a recent filing with the Securities and Exchange Commission (SEC), Wells Fargo, one of the largest banks in the United States, disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). JUST IN: 🇺🇸 Wells Fargo bank reveals it has spot #Bitcoin ETF exposure in new SEC filing 👀 pic.twitter.com/H1iY9puKVb — Bitcoin Magazine (@BitcoinMagazine) May […]
The XRP price, like the rest of the crypto industry, continues to struggle against the bearish winds that have taken over. This has seen its price consistently decline in spite of bulls’ best efforts to prop it up. However, it seems all hope is not lost for the altcoin as expectations are that it will […]
A widely followed crypto trader says that Bitcoin (BTC) could skyrocket to a six-figure price tag in the fourth quarter of 2024. In a new thread, pseudonymous crypto analyst Altcoin Sherpa tells his 215,900 followers on the social media platform X that the top crypto asset by market cap’s bull cycle has yet to finish. […]
SBI VC Trade Co., Ltd., a Japanese crypto-asset trading platform, has announced the commencement of its operation as a validator node on the XRP Ledger blockchain. This move aims to earn recognition for reliable performance from the XRP Ledger community and to be selected in the Unique Node List (UNL) of trusted validators recommended by […]
Market was coming back, but current state of things doesn’t look good
Exodus hits regulatory roadblock despite previous approval as “numerous employees and their families” arrive in New York City to face disappointment.
TL;DR In April, the crypto market experienced its first monthly decline in trading volume in seven months, with a decrease of 43.8% to $6.58 trillion. The decline was attributed to the fall in the price of Bitcoin, which dropped nearly 15% due to escalating geopolitical tensions and a slowdown in inflows into U.S.-listed spot ETFs. […]
Crypto with 1000x Potential: BlockDAG’s X1 App Launch News Pulls in Investors Amid Chainlink & Ethereum Bullish Signal Ethereum (ETH) and Chainlink (LINK) are rebounding after a challenging period, as analysts identify a bullish signal for Ethereum and an achievable price target for Chainlink. Investors, however, are flocking to BlockDAG (BDAG), seeing it as the […]
The cryptocurrency market seems to be recovering from its recent slump. Bitcoin (BTC) inches closer to the $63000 level, rallying 3.1%…
Widely followed crypto analyst Benjamin Cowen is offering his outlook on when Bitcoin (BTC) could potentially bottom out as the flagship digital asset hovers around $63,000. In a new video update, Cowen tells the 801,000 subscribers of his YouTube channel that the current Bitcoin price action resembles that which followed the crypto king’s second halving […]
With Binance founder and former CEO Changpeng “CZ” Zhao recently sentenced to four months imprisonment, a WSJ report is alleging that the crypto exchange giant fired one of its investigators who exposed market manipulation by one of the company’s clients, DWF Labs. Binance, however, denied the report, stating that the cryptocurrency exchange maintains a strict […]
The Financial Intelligence Unit (FIU) of India has registered Binance and KuCoin, months after both cryptocurrency exchanges were banned for operating illegally, Coindesk reported. While KuCoin has paid a penalty of $41,000 and resumed its operations, Binance is awaiting a penalty decision following a hearing with the FIU. Credibility Boost Vivek Aggarwal, the Head of […]
Bitcoin, the leading cryptocurrency, has recently been scrutinized by several analysts and traders as it struggles to maintain its market position. Michaël van de Poppe, a recognized figure in the crypto analysis sector, has recently expressed his concerns regarding Bitcoin’s current price trajectory. Bitcoin Risks Dropping to $52,000, Why? Taking to Elon Musk’s social media […]
Pal and Scaramucci are strong proponents of Bitcoin, noting its limited supply and high demand have driven unparalleled growth since 2012. Despite traditional investments performing well, Bitcoin’s returns outstrip those of the S&P 500 and NASDAQ, crucial for those nearing retirement. They argue Bitcoin protects against the inflation-driven debasement of currency, similar to gold, enhancing […]
According to Joe Downie, the chief marketing officer at Nicehash, bitcoin miners struggling to stay afloat after the halving are unlikely to support or become involved with artificial intelligence (AI). This is because their application-specific integrated circuit (ASIC) miners now “only allow for mining on one algorithm.” Furthermore, Downie argued that bitcoin mining devices are […]
Bitcoin network fundamentals have what it takes to support 3x market valuation
ETH price action currently focuses on a key line in the sand for Ethereum short-term holders.
New on-chain data reveals that one lucky trader is seeing a more than 86,000% gain on his Ethereum (ETH)-based memecoin investment. According to blockchain tracking firm Lookonchain noticed, one investor bought $6,500 worth of the MAGA (TRUMP) late last year and is now sitting on $5.6 million worth of funds. “The trader ‘waxl.eth’ turned $6,500 […]
Has Bitcoin struck gold? We take a closer at why the leading cryptocurrency is now on track to become the 21st century equivalent to this precious …
TL;DR Solana Surpasses Ethereum in DEX Volume: Solana has recorded the highest daily and weekly decentralized exchange (DEX) volumes, surpassing Ethereum. The latest data shows that Solana’s volume reached $1.447 billion within 24 hours and an impressive $10.786 billion over the past week. Drop in Solana’s NFT Sales Volume: Despite an increase in NFT traders, Solana witnessed […]
TL;DR Controversial exchange of statements between Tether and Deutsche Bank regarding the solvency of stablecoins. The German bank’s report reveals that only 14% of price-fixing systems have survived, questioning the future of stablecoins. A survey revealed that only 18% of respondents expect stablecoins to thrive, while 42% expect them to disappear. There was a controversial […]
The crypto scene in 2024 is really buzzing. TRON and XRP are keeping up their strong performance, while a newcomer, Raboo, is starting to make some noise. Right now, Raboo’s in the middle of its third presale stage, having already pulled in over $1.2 million and attracted 4,000 members. The price per token sits at […]
Aside from a minor mid-week dip, crypto markets have been relatively inactive in the past several days and continue to trade sideways. However, around 18,280 Bitcoin options contracts are set to expire on May 10, which may inject some volatility. The notional value for this week’s batch of expiring BTC contracts is around $1.15 billion, […]
Argentina’s energy sector is increasingly turning to Bitcoin, this time with a state-owned facility using stranded natural gas from oil fields that would otherwise be wasted. JUST IN: 🇦🇷 Argentina state-owned company’s subsidiary will mine $BTC with Stranded Gas: Forbes Eventually, every country will be mining #Bitcoin pic.twitter.com/bu6sCXEUJ1 — Bitcoin Magazine (@BitcoinMagazine) May 8, 2024 […]
Bitcoin price found support near the $60,600 zone. BTC is recovering but the bears might remain active near the $63,200 resistance zone. Bitcoin tested the $60,60 support zone and started a recovery wave. The price is trading near $63,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend […]
The business account for the social media platform formerly known as Twitter, now referred to as ‘X,’ announced a new artificial intelligence (AI)-enhanced feature for advertisers called “AI Audience.” This feature enables advertisers to define their target audience in brief descriptions, after which X’s AI systems will quickly generate a relevant user pool for that […]
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The community is anticipating the trading launch of Notcoin, although no one knows its price at or after listing.
May 9, 2024 UXLINK, the leading social infrastructure platform, and Binance Web3 Wallet, the top-tier cryptocurrency wallet, are thrilled to announce their collaborative marketing campaign aimed at accelerating growth within Web 3.0. This initiative rewards participants with 20 million UXUY points, through the innovative UXLINK social protocol. In today’s rapidly evolving Web 3.0 landscape, fostering […]