Bitcoin has achieved a significant milestone by reaching its all-time high of $69K after 847 days, reflecting a notable surge in confidence within the cryptocurrency market. However, this achievement is accompanied by expectations of heightened volatility in the mid-term, leading to the liquidation of numerous futures market positions. Technical Analysis By Shayan The Daily Chart […]
One of most volatile days on cryptocurrency market is here
The publicly-listed cryptocurrency mining company Argo Blockchain (NASDAQ: ARBK), has entered into an agreement to sell its data center located in Mirabel, Quebec for $6.1 million. It further disclosed its monthly mining output numbers, showing a decreased daily Bitcoin (BTC) production that fell 21% on a monthly basis. Argo Blockchain Sells Quebec Data Center for […]
London’s Metropolitan Police hold more than $3.88 billion worth of Bitcoin (BTC) from a massive 2018 seizure, according to crypto analytics firm Arkham Intelligence. Arkham notes the United Kingdom law enforcement agency seized 61,000 Bitcoin from Jian Wen and Zhimin Qian back in 2018 and subsequently gained access to the crypto assets years later. “The […]
Brave, a privacy-focused web browser with over 60 million users, has rolled out an update to its desktop version (1.63) that introduces support for Native SegWit Bitcoin wallets within its built-in Brave Wallet. Additionally, Brave Wallet now enables users to send and receive from all types of Bitcoin addresses, including Legacy, Nested SegWit, Native SegWit, […]
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has broken its record for the largest single-day bitcoin purchase since its launch. The world’s largest asset manager’s spot bitcoin ETF now holds 183,345 bitcoins. Blackrock Bought the Bitcoin Dip Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), amassed the largest […]
Bitcoin price is struggling to settle above the $68,000 resistance. BTC is now consolidating and might decline toward the $63,400 support zone. Bitcoin price is struggling to gain pace for more gains above the new all-time. The price is trading above $65,000 and the 100 hourly Simple moving average. There is a short-term bearish trend […]
TL;DR Lena Network’s Token Candy Falls 87% After $2.9 Million Rug Pull. Deployment of Lena Network transferred 753 Ether to OKX before relinquishing ownership of the contract. Increased risks in cryptocurrencies: more than $200 million lost in 2024; $1.8 billion in 2023. The recent crash of Lena Network’s Candy token has shaken the cryptocurrency world, […]
TL;DR Groundbreaking alliance: Injective and Ethena join forces, marking Ethena’s first foray outside of Ethereum and offering new opportunities to the Injective community. Easy access: Injective users can now easily acquire Ethena’s USDe synthetic dollar through dApps like Helix, with minimal transaction costs. Attractive rewards: Starting March 11, Injective users can earn Ethena shards by […]
Bitcoin price has increased from $45000 per coin a month ago to $66000 currently, following a few leading US-based exchange-traded funds mopping …
Pantera Capital portfolio manager Cosmo Jiang says that the firm is expecting altcoins to outperform Bitcoin (BTC) by “many multiples” in the current market cycle. In a new interview with Yahoo Finance, Jiang says that the growing number of altcoins could entice traders to invest in crypto assets other than Bitcoin – something he noticed […]
TL;DR Shiba Inu’s team hints at new advancements associated with the meme coin, sparking community speculation. SHIB’s price surged 300% in the past month, highlighting the token’s volatility amidst a broader crypto market rally. What’s Coming Next for SHIB? Shytoshi Kusama, the lead developer of Shiba Inu, said the team behind the popular meme coin […]
Major anonymous cryptocurrency holders have made impressive Dogecoin purchase, while DOGE price has soared to $0.2
Vancouver-based crypto mining company HIVE Digital Technologies Ltd. (NASDAQ: HIVE) has announced an increase in its Bitcoin production capacity and holdings for the month of February 2024. Although production indicators have increased on a monthly basis, the number of Bitcoins mined has decreased. In January, it was 234.6 BTC, averaging 7.6 BTC per day, while […]
Jim Cramer has a fatalistic relationship with Bitcoin, switching sides like he’s a quintuple-agent in a spy movie. The infamous Mad Monday host appears to be anti-BTC again after posting a tweet making fun of the coin’s 11% drop after hitting a new all-time high. Of course, Cramer’s post was met with mirth as the […]
Pepe Coin has emerged as a prominent player in the cryptocurrency market, experiencing an astonishing 400% surge over the past seven days, with a remarkable 35% increase recorded today. This surge propelled Pepe Coin to achieve a new all-time high of $0.00000758 on March 4, firmly establishing it among the top-performing assets in the market. […]
XRP price started a downside correction from the $0.6700 resistance. The bulls are now active above $0.5400 and might aim for a fresh increase. XRP started a fresh increase above the $0.600 resistance level. The price is now trading above $0.550 and the 100 simple moving average (4 hours). There was a break below a […]
In the dynamic landscape of cryptocurrency, where innovation drives market trends and investors seek the next big opportunity, predictions about the direction of the market hold significant weight. As anticipation builds for the anticipated 2024 bull run, a groundbreaking forecast has emerged from the realm of artificial intelligence: Cogwise AI predicts that AI projects will […]
The chief executive of market insights platform Fundstrat is doubling down on his bold year-end prediction for Bitcoin (BTC). In a new interview on CNBC, Tom Lee says BTC is controversial because it “represents trust in a trustless world,” which makes it difficult to stomach for older investors who are used to private banks and […]
An ailing New York bank just announced an injection of $1 billion in capital in a push to stay afloat. New York Community Bank says the infusion was led by former U.S. Treasury Secretary Steven Mnuchin’s Liberty Strategic Capital, as well as Hudson Bay and Reverence Capital. In a press release, Mnuchin says he believes […]
CoinSwitch, a leading cryptocurrency trading platform in India, has reached a significant milestone by surpassing 2 crore registered users, …
TL;DR The Bitcoin halving implies a 50% reduction in miner rewards, creating a crucial moment for them in the market-leading cryptocurrency. Fidelity Digital Assets warns miners about the need to be proactive in maintaining their position after the halving. Miners must adapt to the immediate reduction in income and constantly seek ways to increase their […]
TL;DR Long-term Bitcoin holders, who have retained their coins for at least 155 days, are increasing distribution pressure with 257,000 BTC spent per month. These holders now possess a record-breaking 75% of the actively circulating supply of Bitcoin. The amount of Bitcoin held in various wallets has seen a significant increase this month, with an additional 62,882 […]
Robinhood has listed BONK for trading on its platform, with price skyrocketing
Binance.US, the US-incorporated unit of Binance that operates independently from the global parent, laid off two-thirds of its staff, around 200 employees, following the actions of the Securities and Exchange Commission’s (SEC) action last year, Coindesk reported. In a recently filed court document, the crypto exchange highlighted that $1 billion in assets were moved from […]
Bitcoin reached a fresh all-time peak, surpassing $69,300 this week, only to swiftly correct by over 10%. Prior to this event, the open interest in Bitcoin futures and perpetual pairs surged to unprecedented levels. Despite Bitcoin’s overall gain of almost 55% in the past month, the sudden drop in its value has left investors uncertain […]
Dogecoin (DOGE) has solidified its position as the eighth-largest cryptocurrency by market capitalization, leaving industry observers amused and sparking humor from Cardano’s founder, Charles Hoskinson. The memecoin experienced a substantial upswing, propelling its market cap to approximately $28 billion, surpassing Cardano’s $27 billion valuation. Related Reading: Bitcoin On The Brink, Price Soars Above $68,000 – […]
Bitcoin reached a new all-time high of USD $69,170.63 before experiencing an 11% correction, indicating increased buying opportunities according to analysts. One analyst suggests the pre-halving high for Bitcoin is likely in, predicting a significant market cycle, potentially a “supercycle.” Others believe the current market phase is just the warm-up phase, with great potential ahead […]
The cryptocurrency market has been abuzz with excitement as Yes Token ($YES) experiences a remarkable surge, witnessing a staggering increase of over 60% in value within the past 24 hours. This surge comes as Yes Token emerges as the first ERC420 token utilizing Baseline’s automated tokenomics, built on the blast contract. On-chain reports from Lookonchain […]
Digital Currency Group (DCG) has submitted a request to the court to drop the legal action taken against it by New York Attorney General Letitia James. DCG argues that it’s “wrongfully” depicted and maintains that the lawsuit is nothing but a “thin web of baseless innuendo.” DCG Challenges NYAG’s Legal Action Last year, the New […]
the crackdown on cryptocurrency is not just from the executive, the National Assembly seems to be sending mixed signals.
Crypto analyst Ali Martinez weighs in as chances of Bitcoin price correction loom