Cross-chain protocol Wormhole will launch its W governance token on Wednesday, with several cryptocurrency exchanges announcing plans to list the token shortly after the airdrop claim opens up to eligible users. Wormhole previously announced details for the W token airdrop, with more than 400,000 total wallets eligible to participate in the claim. In total, 617.3 […]
BlockDAG $12M Presale Surge: The Dawn of DAG Chain Innovation Amidst Shiba Inu and Solana Altcoins Rally The crypto market was on a roll last week, with many altcoins recording substantial gains, uplifting the global crypto market cap by 3.4% over the seven days. Notably, the Shiba Inu price broke through key resistance levels, with […]
Over 35 cryptocurrency entities, spearheaded by Nexo, have initiated a campaign to introduce a bitcoin emoji, uniting more than 170 million community members in the process. Campaign for Official Bitcoin Emoji Gains Momentum In a push for digital culture recognition, Nexo, alongside more than 35 cryptocurrency organizations, has launched a campaign aimed at securing a […]
Top analyst uncovers key Bitcoin (BTC) levels to watch in next leg up
Cryptocurrency whales have long demonstrated an uncanny ability to identify and invest in tokens with explosive potential long before they become …
Digital assets manager CoinShares says institutions resumed investing in crypto products last week after a brief break. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products brought in $862 million in inflows last week, nearly erasing the prior week’s $931 million outflows. “While this recovery is encouraging, ETF (exchange-traded fund) activity […]
Merkle Manufactory, a Los Angeles-based software company behind the Farcaster decentralized social networking protocol, is reportedly nearing the conclusion of a funding round with a $1 billion valuation. Bloomberg, citing “people with knowledge of the matter,” reported the billion-dollar valuation and noted that the crypto investment firm Paradigm is leading the round. Merkle is behind […]
Talos, a technology provider for institutional trading of digital assets, has partnered with Coinbase Derivatives to expand the avenues available for investors seeking to invest in cryptocurrency within a regulated framework. This collaboration enables investors to access a regulated futures exchange offering Bitcoin and ether futures contracts. Exploring Institutional Crypto Derivatives According to the press […]
Ethereum co-founder Vitalik Buterin has re-upped his post from 1.5 years ago on “Layer 3s”, saying that L3s won’t magically increase throughput. Still, they can reduce certain fixed costs associated with batch publishing and deposits or withdrawals. His statement comes amid concerns that Layer 3 networks are taking away from Ethereum’s value and security. L3 […]
The price of Solana had briefly crossed $200 before tumbling back down in the last week. This move has triggered a wave of movement across the market, and whales are now showing their hands. Over the last day, there have been a number of notable whale transactions and their destinations could give an inkling as […]
Longer-term Bitcoin (BTC) holders have begun trading their coins off to new investors entering the market, according to on-chain analytics firm Glassnode. In a new report, Glassnode says that Bitcoin’s recent move into price discovery above new all-time highs has enticed holders who were far in profit to distribute to a newer investor cohort. The […]
A popular crypto analyst is unveiling his Ethereum (ETH) and Bitcoin (BTC) peak price predictions for the current bull market cycle. The pseudonymous analyst known as Credible tells his 384,800 followers on the social media platform X that Ethereum will surge past $10,000 at “minimum,” but notes that ETH can realistically rally to as high […]
GBTC outflows and lower rate cut odds appear to be the key reasons behind Bitcoin’s ongoing crash
The price of Bitcoin on Tuesday fell more than 7% for the second day, going below the cryptocurrency's $65000 price point.
Base, the Ethereum layer-2 scaling network incubated by crypto exchange Coinbase, hit a daily record of $1.22 billion worth of trading volume at decentralized exchanges (DEXs) on Saturday. The frenzied surge in trading is due to a gold rush for meme coins that has Base-native coins like DEGEN and BRETT hitting over half a billion […]
Content creator and analyst Jason Pizzino believes improving macroeconomic conditions is likely to be a huge factor in crypto’s performance throughout 2024. As real estate and stock markets worldwide hit record-highs, positivity is returning to investors after the Covid slowdown. Pizzino has set several targets for Bitcoin moving into April, where he believes the coin […]
Arbitrum’s value has seen a continuous decline as the new trading week unfolds, with a 4% decrease recorded today. Spotonchain reports indicate that Wintermute Trading has made additional deposits of 5 million ARB ($8.24 million) to Binance, averaging at $1.65 over the past 6 hours. Notably, this market maker has predominantly focused on unloading 22.09 […]
Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base L2, creating a security risk for the network. Polygon CEO Criticizes […]
Almost seven years after its launch, Binance Holdings, which operates the largest cryptocurrency exchange globally in terms of trading volume, has formed a seven-member Board of Directors. As announced yesterday (Monday), Gabriel Abed, the former ambassador of Barbados to the UAE, is the Chair of the Board. Other members of Binance’s Board include Binance’s CEO, […]
Ethereum price faced rejection and dropped from the $3,650 zone. ETH retested the $3,320 support and might start another increase. Ethereum started another decline and traded below the $3,500 support zone. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,420 […]
Pomp Investments founder Anthony Pompliano says a growing awareness of inflation is pushing more and more Americans to look toward Bitcoin (BTC). In a new discussion on CNBC, Pompliano says BTC’s seven straight green months are likely linked to investors becoming increasingly aware of inflation and the likelihood that it will remain hot as the […]
TL;DR The cryptocurrency market tumbled in the past 24 hours as Bitcoin’s price crashed by around $3K. Dogecoin dropped even further, losing some 14% in the same period, now trading below $0.19. The cryptocurrency market has taken a beating throughout the past 24 hours, with most altcoins dropping considerably. As CryptoPotato reported, this resulted in a significant […]
$306.5 million in XRP eye release from Ripple escrow, while XRP price takes dip
This company has proven to be a reliable and committed partner in assisting victims of online fraud, particularly in the realm of cryptocurrency …
Pomp and Sorkin discuss Bitcoin’s nature; Pomp sees it as both a speculative asset and inflation hedge, varying by user context. Sorkin’s scepticism grows from African encounters, viewing Bitcoin as speculative, while Pomp notes diverse global uses and adoption stages. Pomp highlights Bitcoin’s success versus the dollar’s decline, and addresses crypto’s gambling aspect in today’s […]
Kraken Australia executive, Jonathon Miller, says capital inflows following the launch of Bitcoin spot ETFs mark a “positive inflection point” for crypto markets after a torrid few years. Miller says he has seen strong growth in retail investment and crypto startups recently, but institutional adoption in Australia lags the US. He believes stablecoins may be […]
Degen has emerged as a notable contender within the cryptocurrency sphere, originating as a reward token within the Farcaster Degen channel. Its ascent has garnered attention from developers, crypto enthusiasts, and investors alike, especially amidst the ongoing surge of Base memecoins. In recent times, Degen has experienced a remarkable surge in its price, boasting a […]
The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is “haunted” daily by the events that transpired, emphasizing his stance that he “never intended to hurt anyone.” Former FTX […]
Deribit FZE, the Dubai-based arm of Deribit Group, a firm in the cryptocurrency derivative options market, has announced the acquisition of a conditional Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). This license, covering both spot and derivatives trading, remains non-operational until Deribit fulfills all remaining conditions and localized requirements […]
A veteran trader is warning that Ethereum’s (ETH) place as the dominant smart contract platform is not as set in stone as many believe. Pseudonymous trader The Flow Horse tells his 210,000 followers that there’s a possibility that Ethereum is like Compaq Computer Corporation, which was the top dog in its field before eventually fizzling […]
Dogecoin is correcting gains from the $0.230 zone against the US Dollar. DOGE must stay above the $0.1750 support zone to start a fresh increase. DOGE struggled to stay above $0.225 and corrected gains against the US dollar. The price is trading above the $0.1750 level and the 100 simple moving average (4 hours). There […]
TL;DR Price Dip: Bitcoin’s price has fallen below $70,000, triggering market volatility as investors anticipate the effects of the upcoming halving event, which is expected to reduce the mining reward by half and potentially influence Bitcoin’s price trajectory. Historical Volatility: The 30-day annualized realized volatility for Bitcoin has reached 63.76%, the highest since last August, indicating a […]