An analyst has explained that a futures market signal could be one to wait for before the latest Bitcoin drawdown can finish. Bitcoin Funding Rates Are Still In The Positive Territory As pointed out by an analyst in a CryptoQuant Quicktake post, the BTC funding rate has been reducing recently, but it’s still at positive […]
US authorities are charging a German businessman for allegedly operating a crypto pyramid scheme that defrauded about $150 million from investors. In a new press release, the U.S. Attorney’s Office for the Eastern District of New York is accusing Horst Jicha of securities fraud and conspiracies to commit securities fraud, wire fraud and money laundering […]
In the first seven days of Bitcoin ETF operation, significant fund outflows were recorded, totaling $76 million in net outflows, according to data from Bloomberg ETF analyst James Seyffart. Seyffart, in a January 23 post on the X platform, characterized this seventh day of operations as “bad” for Bitcoin ETFs in what he called the […]
The world of cryptocurrency is once again witnessing the volatility of Bitcoin (BTC), the largest and most influential cryptocurrency. Recent market trends indicate a continuous fall in Bitcoin’s price, raising speculations of it potentially hitting a low of $34,000. Bitcoin's price dip to $39,000 has impacted investor sentiment notably. Currently, approximately ~23% of Bitcoin addresses […]
Bonk’s price performance impressive in past year, rising by nearly 13,000%
More than 50% increase in SEC cryptocurrency-related enforcement actions in 2023 over 2022. The Securities and Exchange Commission (SEC) continues to …
TL;DR Binance is delisting multiple trading pairs, citing routine evaluations for factors like low liquidity and trading volume. The exchange has also been making adjustments to its listings, including adding new tokens. Binance will remove the following spot trading pairs on January 26: COMBO/BNB, IOST/ETH, CRV/ETH, NEO/ETH, QUICK/TUSD, QKC/ETH, RUNE/EUR, and WOO/BNB. The company did not disclose […]
Fidelity’s director of global macro is updating his outlook on the equities markets, and says that Bitcoin’s (BTC) network currently “remains on track.” Jurrien Timmer says on the social media platform X that the growth of Bitcoin is primarily driven by its scarcity and central bank monetary policy. With those key drivers in mind, Timmer […]
Crypto analyst and trader Ali Martinez says that the recently launched spot Bitcoin (BTC) exchange-traded funds (ETFs) suddenly hold a massive amount of the crypto king. Martinez tells his 41,600 followers on the social media platform X that the ETF products now hold tens of billions of dollars worth of BTC. “Bitcoin ETFs in the […]
A recent examination by FINRA uncovered a staggering 70% potential rate of violation of its retail communication regulations for crypto assets. This revelation highlights the need for stringent adherence to regulatory guidelines as firms navigate the complex landscape of crypto assets. Under FINRA’s targeted examination, over 500 crypto asset-related retail communications were scrutinized. Approximately 70% […]
Ethereum over the last several weeks finally began to gain some strength against Bitcoin and other top performing cryptocurrencies. But in the past few weeks, the upside has since been almost entirely erased. The up – then right back down – price action has formed a potential bearish Japanese candlestick reversal signal. Will ETHUSD continue […]
The cryptocurrency market witnessed a notable downturn as Bitcoin slipped below the $40,000 mark, accompanied by Ethereum’s decline to a low of $2,303. Reports reveal significant movements of Ethereum by Celsius and FTX. Celsius Network initiated the transfer of 15,200 ETH ($36.04 million) to Coinbase and FalconX. Despite this movement, Celsius still maintains 557,081 ETH […]
Jurrien Timmer predicted continued price volatility on Bitcoin market
OKX’s native exchange token, OKB, experienced a flash crash, plummeting by more than 50% in just three minutes. This sudden drop was triggered by a series of liquidations due to an abnormal price fluctuation. The token’s value dropped from a high of $50.34 to a low of $25.17 before recovering to $47.75. The 24-hour trading […]
The Bank for International Settlements (BIS) has presented its ambitious strategy for 2024, highlighting its focus on Central Bank Digital Currencies (CBDCs) and tokenization. However, this emphasis on CBDCs raises critical questions, especially when it comes to the very essence of cryptocurrencies: decentralization. CBDCs, designed to be issued and backed by central banks, represent a […]
… cryptocurrency. The study compiled a list of more than 300 major companies known to accept cryptocurrency methods and categorized them into …
Australian securities regulators are investigating Blockchain Global after a report connected two of its directors to previous crypto schemes. The Australian Securities and Investment Commission (ASIC) is investigating Blockchain Global directors Sam Lee and Ryan Xu after a newspaper investigation linked the two to another crypto scheme called Hyperverse, according to a report. Asic began investigating […]
A widely followed crypto analyst thinks that an altcoin running on the Ethereum (ETH) network is gearing up for a big surge in price. Trader Michaël van de Poppe tells his 685,500 followers on the social media platform X that the decentralized oracle network Chainlink (LINK) looks poised for a 2x rally. According to Van […]
Ethereum has currently found itself situated within a crucial demand zone after falling below the $2,300 threshold. While the risk of additional decline in the altcoin’s value, the recent dynamics in Ethereum’s futures market sentiment have been underscored by a critical analysis of funding rates, which serves as a crucial indicator, shedding light on the […]
The Securities and Exchange Commission (SEC) has revealed that the unauthorized post about approving spot Bitcoin exchange-traded funds (ETFs) on January 9 is related to a “SIM swap” attack. This tactic involves transferring a mobile phone number to a different device without the owner’s consent. The US securities watchdog clarified that the attack occurred via […]
In the midst of the tumultuous landscape of the price volatility of Bitcoin, a prominent figure stands out, exuding unwavering optimism amidst the chaos: Samson Mow, the self-proclaimed evangelist of the cryptocurrency. Recently transitioning from his Chief Strategy Officer role at Blockstream to assume the position of CEO at Jan3, an entity focused on facilitating […]
Take a look at the most prominent crypto events that took place over this weekend!
The co-founders of the crypto analytics firm Glassnode think Bitcoin (BTC) could be primed for a parabolic rise if the top digital asset repeats a particular pattern. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, draw attention to the quote “History doesn’t repeat itself, but […]
Analyst Jason Pizzino thinks altcoins could outshine Bitcoin (BTC) this year as the crypto markets anticipate two potential bullish catalysts. In a new YouTube video, Pizzino tells his 307,000 subscribers that two massive events for the crypto space are coming up this year: the Bitcoin halving and the US presidential election. Pizzino thinks the halving, […]
The native token of the OKX platform, OKB, experienced a sudden and substantial drop in value on January 23. Plummeting from $52 to $25 before stabilizing, this abrupt decline underscores the inherent volatility of the cryptocurrency market, sparking concerns about its stability and the factors contributing to such rapid price fluctuations. OKX platform coin OKB […]
A Colorado pastor facing civil fraud charges related to his cryptocurrency business admitted to pocketing $1.3 million but says he used part of it for …
The financial technology startup, Figure Technologies Inc., founded by former CEO of SoFi Technologies Inc., Mike Cagney, is seeking approval from U.S. regulators to issue an interest-bearing stablecoin. This initiative represents a novel attempt to create a new class of stablecoins with federal legitimacy. If successful, Figure would be the first to offer a stablecoin […]
Pakistan is one of the emerging markets in Southeast Asia with a population of approximately 250 million, and a country where the majority of the population lives below the poverty line. The people of Pakistan are hopeful; many believe that good times are coming, and the country’s future is bright amid political chaos and a […]
After Three Arrows Capital collapsed during crypto winter, founders Su Zhu and Kyle Davies stuck around on Twitter, making excuses for themselves before going silent for months and resurfacing with a new crypto project – the exchange OPNX. Later on, the pair also launched “3AC Ventures,” a new hedge fund, although public information is limited. […]
An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through a […]
Analyst Benjamin Cowen believes Bitcoin (BTC) is about to enter a correction phase similar to prior market cycles as the crypto king teeters at $40,000. In a new strategy session, Cowen tells his 789,000 YouTube subscribers that Bitcoin has historically experienced a massive market correction as it approaches the halving. Every four years, Bitcoin undergoes […]
January 23, 2024 – Victoria, Seychelles Bitget, the world’s leading cryptocurrency exchange and Web 3.0 company, today launches a new brand film about the internationally recognized footballer Lionel Messi to kick off their second-year partnership, with a continuation of the theme, ‘#MakeItCount.’ This campaign aims to inspire everyone to push beyond limits and seize opportunities, […]