Investors in cryptocurrency are continuously adapting to new opportunities and platforms. Recently, there’s been a notable shift in focus towards Pullix (PLX), a hybrid platform that’s garnering attention in the crypto community. This change comes amidst the fluctuating fortunes of GMT (GMT) and Celestia (TIA), two tokens that have experienced their share of market volatility. […]
Ethereum price struggled to clear $2,720 and corrected gains. ETH is now struggling to stay above the key $2,440 support zone and might extend losses. Ethereum climbed further higher toward $2,720 before the bears appeared. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming […]
Optimism in the US banking industry is being threatened by a growing pile of bad loans, putting pressure on the sector’s biggest players. Bloomberg analysts say non-performing loans, or loans to debtors that haven’t made a payment in over 90 days, rose to a combined $24.4 billion in the last quarter of 2023 for JPMorgan […]
Bankrupt lending firm Celsius has transferred over $125 million worth of its Ether to crypto exchanges in the past week as part of its initiative to repay creditors. The move follows that of FTX and Alameda Research, which also resumed funds transfer earlier this month. $125 Million ETH Transfer From January 8 to January 12, […]
Is there a chance that we will see a further rise in Bitcoin (BTC) by the end of the week?
Asma Salman and Muthanna G Abdul Razzaq outline cryptocurrency regulations through blockchain technology in the present-day digital era. The …
Vanguard completely dashes any hopes of a spot Bitcoin ETF. Doubling down on their stance, Vanguard removed all access to any crypto-related funds they offer, including futures ETFs. Adding fuel to the fire, Vanguard’s CEO claimed that Bitcoin lacks intrinsic value and that investors should not add it to their portfolios. BTC has held USD […]
SYDNEY, AUSTRALIA / January 10, 2024 / Grineo, the FinTech startup that aims to introduce digital currencies to the physical world, announced the launch of its highly-anticipated “debit card & wallet App” exclusively in Australia by early 2024. The app and card allow users to store and trade digital currencies as well as spending them […]
Solana vs. Meme Moguls, which is the better investment for the new year? With 2024 almost here, most investors expect the bull season to really take off. Not that 2023 was bad news for the Solana price. Of all altcoins, SOL crypto led the 2023 market with mesmerizing 700% gains, leaving pretty much all in […]
Bitcoin experienced a substantial correction following the approval and listing of the much-hyped 11 spot Bitcoin exchange-traded funds (ETFs) in the United States. At one point on Friday, the cryptocurrency’s value decreased by approximately 10 percent, falling from the previous day’s peak of $49,000 to below $42,000. However, it has since rebounded and is currently […]
Skybridge Capital founder Anthony Scaramucci says that Bitcoin’s (BTC) recent correction is likely due to investors selling off their holdings in Grayscale Bitcoin Trust (GBTC). Shares of GBTC were converted from a trust into an exchange-traded fund (ETF) after receiving approval from the U.S. Securities and Exchange Commission (SEC) last week. Scaramucci says that his […]
Chainlink’s LINK price is moving higher above the $15.00 resistance. The price is now up over 5% and might aim for a move toward the $18.00 resistance. Chainlink price is showing positive signs above $14.50 against the US dollar. The price is trading above the $15.00 level and the 100 simple moving average (4 hours). […]
Vance Spencer, co-founder and GP of Framework Ventures, indicates some bold predictions for next 24 months in crypto
Google has removed several cryptocurrency platforms from its Indian Play store. The move comes amid a crackdown on digital asset companies by the …
Bitcoin (BTC) and Ethereum (ETH) are currently following a pattern similar to previous years, during which their prices surged by 500% and 1,000%, respectively, according to the latest research report by Coinbase Research and Glassnode. The observation draws parallels between the ongoing crypto market cycle and the period from 2018 to 2022, characterized by substantial […]
Prominent analytics firm IntoTheBlock says that traders are operating under the assumption that Ethereum (ETH) will be the next crypto asset to get a spot market exchange-traded fund (ETF). In a new analysis, IntoTheBlock’s Lucas Outumuro says that Ethereum has significantly outperformed Bitcoin in the last few days following the “fake” approval of spot-based BTC […]
A crypto trader who accurately called Bitcoin’s 2022 market bottom is laying out a roadmap for BTC to reach a price tag of $90,000. In a new strategy session, top crypto analyst DonAlt tells his 56,400 YouTube subscribers that in a bullish scenario following the approval of spot market Bitcoin exchange-traded funds (ETFs), BTC will […]
After many years of keeping cryptocurrencies off its official radar, the Polish Financial Supervision Authority (KNF) plans to start supervising digital assets by the end of this year. As Finance Magnates learned, the Polish government plans to present a bill on this matter in the second quarter of this year. For the local industry, this […]
BlackRock CEO Larry Fink said crypto ETFs are step one of a technological revolution of financial markets, ending with the tokenisation of all financial assets. Fink said tokenisation could combat corruption, reducing fraud and increasing trust in financial markets. After years of doubt, Fink is now a Bitcoin believer, saying it acts as a store […]
The crypto world is constantly evolving, with trends shifting as fast as the market moves. Dogecoin (DOGE) and Shiba Inu (SHIB) were among the beneficiaries of the last halving and bull run in 2020-2021, soaring to eye-watering heights and minting millionaires out of investors who bought in with their pocket change. However, in 2024, the […]
The Bitcoin market is experiencing a period of adjustment following the much-anticipated launch of US spot ETFs last week. After a surge to a two-year high near $49,000, the leading cryptocurrency has pulled back over the past four days, currently trading at $42,588 with a market capitalization of $834 billion. This correction presents an opportunity […]
How long will fall of DOGE, SHIB and BONK last?
The global cryptocurrency market is projected to grow from $910.3 million in 2021 to $1,902.5 million in 2028 at a CAGR of 11.1% in 2021-2028, as per …
A widely followed crypto analyst believes that altcoins are about to take center stage as Bitcoin (BTC) enters a period of consolidation. Analyst Michaël van de Poppe tells his 684,700 followers on the social media platform X that the approval of spot Bitcoin exchange-traded funds (ETFs) might mean that BTC has already printed a short-term […]
1inch experienced a substantial surge in volumes and market dominance in the fourth quarter of last year amidst a broader market resurgence, According to Messari’s report, the popular DEX aggregator recorded over $30 billion in executed volume and a commanding 64% share of the Ethereum DEX aggregator market. The nearly doubled volume from external sources […]
The Federal Police of Brazil arrested one person last week in connection with a massive money laundering racket suspected of having moved $2.6 billion in illegal proceeds through crypto assets, the Brazilian edition of CNN reported. Mastermind Behind a Massive Money Laundering Operation The person was arrested on January 7 at Guarulhos Airport in São […]
A transaction involving a whopping 25.6 billion XRP (valued at nearly $15 billion), nearly half of the total circulating supply of approximately 54.26 billion, raised alarm within the crypto sector in the late evening of January 14. The transfer was reported to have originated from an unknown wallet to the cryptocurrency exchange Bitfinex. Were 25.6 […]
In discussing the Bitcoin ETF Launch, Raoul Pal and Ran Neuner suggest not to worry about initial market reactions at these early stages. Henrik Zeberg predicts an impending recession driven by misplaced optimism and a fragile labour market, anticipating a complex cycle of deflation, market bounce, and stagnation. Raoul Pal, contrasting that outlook, believes the […]
Australia previously offered Spot Bitcoin ETFs, traded not on the ASX but on Cboe Australia, with modest assets under management compared to US equivalents. It remains to be seen if growing interest in crypto ETFs will revive these products. In the Spot Bitcoin ETF market, the US offers low fees due to intense competition, while […]
Despite the latest decrease in the market cap, causing most altcoins to dip, SUI defied odd and posted an impressive gain overnight. Following the latest surge in volatility, it is leading the altcoins rally at the time of writing. After taking off from $0.37 late last year, SUI increased steadily for three months and reached […]
Major Bitcoin proponent Mow poked fun at Elon Musk and his Bitcoin criticism
Binance got a show cause notice by FIU after non compliance with Indian laws. Binance, which is one of the world's largest cryptocurrency exchanges, …