Bloomberg expert named likely time frame for spot Bitcoin ETF by SEC, and it is not tomorrow
Digital Currency Group (DCG) CEO Barry Silbert says the venture capital firm has settled over $1 billion in debt, including the nearly $700 million owed to its bankrupt subsidiary Genesis. In September, Genesis filed a lawsuit to recover around $627 million in loans owed to it by DCG and its affiliate DCG International Investments (DCIG) […]
Quant analyst PlanB says that a 10x price increase for Bitcoin (BTC) is in the cards as many of its key indicators have flipped bullish. In a new video update, the closely followed on-chain analyst tells his 89,400 YouTube subscribers that he doesn’t expect Bitcoin to have diminished returns, or lesser gains than the previous […]
Cryptocurrency expert Angelo Babb released an insightful and timely exploration into the world of Non-Fungible Tokens (NFTs), titled 'Unraveling …
Volatility is an inherent characteristic of many cryptocurrencies, but meme-based cryptos take that nature to another level. Memecoin, as they are called, have gained much popularity and notoriety, becoming protagonists in a market that never ceases to surprise with the opportunities it offers. With the year 2024 on the horizon, the inevitable question arises: Which […]
The digital asset investment products experienced inflows of $2.25 billion throughout the entire 2023. This places it as the third-best year based on data dating back to 2017, with 2020 recording $6.6 billion and 2021 reaching $10.7 billion, according to the latest report by CoinShares. As such, the inflows for 2023 were 2.7 times higher […]
MATIC was one of the altcoins affected by the recent market downturn triggered by the controversial Matrixport report on the Bitcoin spot ETF this week. This negative sentiment pushed the cryptocurrency’s price from trading at nearly $1 to below $0.85 in a single move. However, the tide seems to be turning in favor of the […]
A widely followed crypto analyst is issuing a warning, saying that one Ethereum-based (ETH) altcoin may plummet after being rejected from a key level. Pseudonymous crypto strategist Rekt Capital tells his 384,800 followers on the social media platform X that decentralized oracle provider Chainlink (LINK) has broken below the diagonal support of an ascending channel […]
Chainlink (LINK) and Binance (BNB) are both projected to see gains during the upcoming trading sessions. While analysts are bullish on their future, they are also considering Meme Moguls (MGLS). This project has displayed massive dominance with its presale and could surge by 100x based on the latest projections. We will go over each one […]
Someone just bought almost 27 Bitcoins (BTC) on Binance (BNB) and transferred this monstrous sum to Satoshi Nakamoto wallet
CoinsPaid suffered a second hack in six months. Indeed, the digital assets payment company was exploited for around $7.5 million worth of cryptocurrencies on January 5. Blockchain security firm Cyvers attributed the security breach to the platform’s inadequate wallet access control measures. CoinsPaid Hacked Again Hackers managed to part way with various cryptocurrencies, comprising 4.5 […]
That means the ETF will be able to track the value of the cryptocurrency much more closely. Additionally, since the funds will hold Bitcoin …
An Ethereum (ETH)-based altcoin that’s flying under the radar is moving against the largely bearish crypto price action this week after surging over 110% in the past seven days. Power Ledger (POWR) is a blockchain that’s designed for decentralized and distributed energy markets. The project’s native token, POWR, is trading at nearly $0.737 at time […]
A California county is preparing to launch a basic income program that will give millions of dollars to women living below the poverty line. The Humboldt Income Program is an 18-month, $2.484 million project aimed at providing financial assistance to 150 expecting women in their pregnancy’s 1st or 2nd trimester during the enrollment period and […]
While Bitcoin continued to break records throughout 2023, the kiosks providing the option to acquire cryptocurrencies using cash or debit cards have been on a decline. According to Coin ATM Radar, the total count of crypto ATMs worldwide has dwindled from 37,827 on January 1, 2023, to 33,628 on January 1, 2024, marking a noticeable […]
Injective is a blockchain designed specifically for finance. It is an interoperable and environmentally-friendly layer 1 blockchain that supports advanced DeFi applications, including crypto trading dApps, like spot and derivative exchanges, and lending protocols. That being said, in the fast-paced world of cryptocurrency, the Injective Network has emerged as a trailblazing force, revolutionizing the landscape […]
As we enter 2024, the crypto industry is still suffering from the U.S. government’s hostility and incompetence. The regulators have failed to provide clear and consistent cryptocurrency regulation, leaving the sector in a state of uncertainty and confusion. The U.S. is lagging behind Europe and other regions, especially in Southeast Asia, where crypto regulations are […]
Former SEC official John Reed Stark has identified two major factors driving the volatility of cryptocurrency prices: the lack of regulatory oversight and the speculative investment approach based on the “greater fool” theory
The DeFi market is growing daily as traditional investors show interest in decentralized platforms. New entrants like Pullix set the pace for old coins like Aave and Synthetix to follow. Pullix has now reached stage 6 of its presale, having raised over $3million and selling over 60million PLX tokens. Aave (AAVE) To Surpass Previous All-time […]
Market observers anticipate some volatility ahead for Bitcoin (BTC) price. Among the reasons behind it is a spike in on-chain activity and the impact of an impending spot Bitcoin ETF (exchange-traded fund) approval by the US Securities and Exchange Commission (SEC). BlackRock expects favorable news from the financial regulator regarding its spot Bitcoin ETF application […]
Shiba Inu began the year on a downward trend, marking an 11% decline in its price over the past week. Still, rumors point to a significant burning event could trigger a substantial turnaround in its fortunes. SHIB Price Struggles Despite Token Burn Rumors Shiba Inu’s dull price movement has persisted despite notable strides like introducing […]
Worth approximately $1.2 million by current valuations, the Bitcoins were transferred to Satoshi Nakamoto's first cryptocurrency wallet on Friday, …
An International Monetary Fund (IMF) insider says a new reckoning in the US banking industry is “all too likely.” Desmond Lachman, former Deputy Director at the IMF’s Policy Development and Review Department, says he expects 2024 to be a rough year for American banks, the Chinese state-run Xinhua reports. Says Lachman, “It is all too […]
Bitcoin (BTC) began 2024 on a positive note gaining by 3.18% in the first week of the year, according to data from CoinMarketCap. The premier cryptocurrency is expected to herald in a bull crypto season, with many investors expecting immediate approval of Bitcoin spot ETF proposals by various asset managers. However, regardless of the decision […]
CertiK’s latest report reveals a noteworthy decline in cryptocurrency security incidents in 2023. Total losses came down to $1.84 billion across 751 events, marking a 51% decrease from 2022. Moreover. each incident averaged $2.45 million in losses, with the top ten contributing $1.11 billion. Interestingly, the blockchain security firm found that the median loss per […]
XRP slowly bleeding out as asset’s only hope gets invalidated
An analyst who continues to build a following with his timely Bitcoin calls believes that rallies are in sight for the crypto king as the market holds its breath in anticipation of a potential BTC exchange-traded fund (ETF) approval this week. Pseudonymous analyst Credible Crypto tells his 363,800 followers on the social media platform X […]
A closely followed analyst says billions of dollars in capital are returning to the crypto markets after last week’s correction. Earlier this month, digital assets witnessed a deep corrective move as the total market cap of crypto plunged from $1.70 trillion to $1.50 trillion in a single day. Analyst Ali Martinez tells his 39,700 followers […]
Dive into the dynamic world of top crypto coins and explore the potential heavyweights set to rock January 2024. In the spotlight are not just the usual suspects but two exceptional contenders – Ethereum, still reigning as the king among smart contract platforms, and the rising star catching everyone’s attention, InQubeta (QUBE). Whether you’re a […]
Cryptocurrency: A Solution to Traditional Banking Barriers · Accessibility and Low Entry Barriers · Reduced Transaction Costs and Fees · Borderless …
The past week was largely defined by the Bitcoin price climbing above $45,800 for the first time in over 20 months, marking a great start to the year. However, the premier cryptocurrency soon experienced a sharp price pullback due to negative news about the BTC spot (ETF). Interestingly, the latest on-chain data has revealed that […]
Bitget – the Seychelles-based crypto derivatives exchange – has significantly expanded its team, growing from 1,100 to 1,500 employees. A similar trend could be seen with its user base increase from 8 million to 20 million. According to an open letter, Gracy Chen, Bitget’s Managing Director, revealed that the the support team played a crucial […]