As SBF received 25-year sentence, impact of FTX fall is yet to come
Generally, the cryptocurrency market is bearish at the moment, with coins like Avalanche (AVAX), Ethereum, Litecoin, XRP, Solana, and others all caught in this trend. Currently, the price of AVAX is on a strong bearish move below the 100-day Moving Average (MA) and could continue in that direction for a while before retracing. Technical Indicators […]
A popular crypto trader says that a slumping memecoin could witness a colossal move to the downside after violating a key support level. Crypto analyst Ali Martinez tells his 57,700 followers on the social media platform X that the frog-themed meme asset Pepe (PEPE) is “preparing for its next move” amid its recent price woes. […]
New York Attorney General Letitia James says one of America’s biggest banks does nothing to stop fraudulent wire transfers even after the bank’s own customers call to report fraud and freeze their accounts. Deep dives on the AG’s accusations in her lawsuit against Citibank are emerging, highlighting allegations that Citibank makes “no effort” to alert […]
Aftermath of cryptocurrency heist. Ahmed confessed to both cyberattacks. He hacked into Solana-based crypto exchange firm, Crema Finance, in early …
BlockDAG‘s presale has achieved a remarkable milestone, surpassing $16.6 million in funding, bolstered by the recent release of its DAGpaper. Amidst the backdrop of volatility in the BNB chain and significant inflows into Bitcoin ETFs, BlockDAG emerges as a beacon of stability and innovation in the cryptocurrency market. As Bitcoin ETF inflows surge to $485 […]
Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchange-traded fund (ETF) are “largely behind us.” The crypto asset manager also expects GBTC’s fees to come down “as markets mature.” Grayscale’s CEO […]
XRP ranks second most traded asset on South Korea’s largest cryptocurrency exchange, Upbit, after only Bitcoin
The crypto market took an unexpected hit on April 12 as a spontaneous decline in the price of Bitcoin and prominent altcoins resulted in massive liquidations. The origin of this widespread price dip remains largely unknown, among a plethora of plausible reasons, including a recent price correction in the US stock markets. Almost $500 Million […]
On April 9, the EigenLayer team announced that the platform’s EigenDA, the first Available Validator Service, had launched on the Ethereum mainnet. The team added that over 4.1 million ETH had been restaked on EigenLayer, and over the past few weeks, 70% of all new Ethereum validators restaked to the platform. Moreover, restakers can now […]
News that Iran has launched drones toward Israel’s airspace is affecting global markets and sending Bitcoin’s (BTC) price plummeting. Iran says it has launched dozens of drones and the Israeli military says it expects them to arrive in a matter of hours, reports the Associated Press. News of the imminent launch sent the implied open […]
A US hacker convicted of plundering more than $12 million worth of crypto assets from two decentralized exchanges (DEXs) was sentenced to three years in prison. In July 2022, Shakeeb Ahmed, a security engineer, used fake pricing data to generate approximately $9 million worth of inflated fees on an unnamed DEX, according to the U.S. […]
Did you know that there are mobile games that pay real Bitcoin for playing? These are legit games that you can download from the iOS App Store or Android Play Store, and as you play the game and watch ads between rounds or levels, you’ll stack up satoshis (aka the smallest denomination of a Bitcoin). […]
Cryptocurrency is not banned in Vietnam but it is necessary to develop a legal framework to ensure its on-track development and prevent risks, …
The bullish momentum of the Bitcoin price has dwindled over the past few weeks, putting the progression of the crypto bull cycle into question. On Friday, April 12, the crypto market witnessed a flash crash, causing the premier cryptocurrency’s value to drop from $70,000 to below $67,000. This latest downturn underscores the struggle of the […]
DAGpaper Launch – BlockDAG Presale Hits $16.6M: Pioneering Crypto Investment Alongside ETH and NEAR Protocol Insights BlockDAG is making headlines in the 2024 cryptocurrency presale arena, standing out alongside giants such as Ethereum (ETH) and NEAR Protocol as a prime investment choice. With a groundbreaking approach to blockchain innovation, BlockDAG Network‘s early presale phases have […]
Rich Dad Poor Dad author Robert Kiyosaki has explained why he won’t invest in a spot bitcoin exchange-traded fund (ETF). “Just as I own gold and silver coins and mines and own apartment houses, I do not own gold or silver ETFs,” he stressed. The famous author stated this week that he believes the price […]
Spikes in inflow often precede price bottoms
Bitcoin’s price took a massive turn to the worse yesterday with a decline that pushed it south by about five grand in hours. The altcoins’ losses were even more significant, which is evident by the rising BTC dominance. Many meme coins dumped by over 20%. BTC’s Crash The business week was actually going relatively well […]
The following is an essay originally published on Unchained.com by Dhruv Bansal, CSO and Co-founder of Unchained, the Official US Collaborative Custody Partner of Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. Click here to download a PDF of this 7,000 word […]
TL;DR Bitcoin Ordinals projects merge blockchain technology, art, and financial innovation. They allow tokenizing specific portions of satoshis, granting unique digital assets with verifiable provenance on the BTC blockchain. Each Bitcoin Ordinals project features unique characteristics ranging from decentralization to meme culture and abstract craftsmanship. Bitcoin Ordinals projects are the perfect example of the fusion […]
With the massification of the use of blockchain technology and Decentralized Finances (DeFi), the congestion of the Ethereum network, being this the main platform for this type of finance, generated scalability problems and high costs for users. That is why projects like zkSync have burst with force, offering solutions for all these aspects. If you […]
Cryptocurrencies experienced significant losses on April 12 and altcoins unusually dominated cryptocurrency liquidations, over Bitcoin (BTC).
As the countdown to the much-anticipated 2024 bitcoin halving event nears its climax, the cryptocurrency world finds itself amidst a whirlwind of excitement and speculation. Social media platforms have become abuzz with discussions surrounding the impending halving, according to data from Santiment. This increase in social media chatter indicates a potential for significant price movements […]
A new Deutsche Bank survey found that over half of respondents expect cryptocurrencies to become an important asset class and a method of payment. In addition, 10% of respondents expect the price of bitcoin to be above $75,000 by year-end. Deutsche Bank’s Crypto Survey A recent Deutsche Bank survey of over 3,600 consumers, published this […]
Unlike a pet rock, you cannot use Bitcoin as a paper weight or a door stop, according to Peter Schiff
Stablecoin issuer Circle just rolled out a new smart contract functionality that enables holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to convert their shares into USDC. The BUIDL is asset management giant BlackRock’s first tokenized fund that invests in cash, U.S. Treasury bills and repurchase agreements. Shares are represented by a blockchain-based […]
The head of the largest bank in the US says he’s concerned about “significant uncertain forces” brewing on the global stage. In the firm’s first-quarter earnings results, JPMorgan CEO Jamie Dimon says persistent inflation and new, violent conflicts are his two top concerns as Q2 begins. “Many economic indicators continue to be favorable. However, looking […]
In the past 24 hours, Ethena’s all-time high surged even further, reaching $1.516, reflecting the continued bullish sentiment surrounding the cryptocurrency. Recent on-chain reports reveal notable activity from smart trader 0x432, who strategically invested 725 Ethereum (approximately $2.59 million) to purchase 1.783 million $ENA tokens on-chain at an average price of around $1.453. This move […]
TL;DR Shiba Inu (SHIB) has recently dropped in value but is predicted to rebound strongly due to favorable technical signals and recent breakout patterns. Positive signs for the meme coin include a decrease in exchange netflows, advances in its Shibarium layer-2 solution, and a significant increase in its burn rate. Where is SHIB Headed? The […]
A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency …
A cryptocurrency analyst, who accurately foresaw the market’s bottom in 2018, is now focusing on Solana, foreseeing a price bottom for the cryptocurrency and identifying its next target after reaching it. Solana To Rise Above $200 After Hitting This Bottom In a Wednesday X (formerly Twitter) post, a crypto analyst identified as ‘Bluntz’ has highlighted […]