Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, would address the fragmentation of the current payment system outside the West’s “unfriendly infrastructure.” Russia Hints at Using CBDC […]
Today, Jack Mallers, the CEO of Strike, has announced the expansion of Strike’s suite of Bitcoin services into several African markets. I just published Announcing Strike Africa Today, we are launching Strike Africa, expanding our full suite of #Bitcoin services into Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia with more markets to […]
The Bitcoin Fear & Greed Index has risen to its highest level in almost three years, hitting Extreme Greed at rocket speed. Using past performance and indicators, it is possible to deduce where the BTC price is headed next after reaching this new milestone. Bitcoin Fear & Greed Index At New 2-Year High The Bitcoin […]
HodlX Guest Post Submit Your Post Last year was a rollercoaster for crypto. There were aggressive regulatory actions, high-profile criminal convictions and shocking thefts. And yet – the total cryptocurrency market capitalization rose to over $1.4 trillion in 2023, a year-over-year growth of over 70.7%. New users and institutions are getting involved. Throughout 2023, the […]
Ethereum’s Dencun upgrade is expected to go live on March 13, introducing ‘proto-danksharding’ and potentially dramatically reducing gas fees. Asset manager Grayscale said the upgrade would mark Ethereum’s “coming of age” and could spark a new era of renewed growth for the smart-contract platform. Others argue the upgrade alone won’t be enough to solve the […]
Bitcoin has exploded in the past 24 hours, jumping 10% to hit USD $56K. This is Bitcoin’s highest price since November 2021, when it reached its previous all-time high. Analysts believe that there are several key resistance levels for BTC to break before it can etch a new ATH. Meanwhile, some traders believe this rally […]
The cryptocurrency exchange Kraken has introduced a new platform customized for institutions, asset managers, hedge funds, and high net-worth individuals. Dubbed Kraken Institutional, this platform consolidates various products and services offered by the exchange to address the needs of institutional clients following the surge in crypto exchange-traded funds (ETFs). Tim Ogilvie, the Global Head of […]
Mixed dynamic raises some concerns
Here's the answer to "Which blockchain feature allows users to prove ownership of a certain amount of cryptocurrency without revealing their …
TL;DR Parcl’s Massive Airdrop: Parcl, a real estate digital investment platform on the Solana blockchain, plans to launch a massive airdrop of its PRCL tokens in April, distributing between 7% and 8% of the total token supply to early adopters. PRCL Tokens and the Parcl Ecosystem: The PRCL tokens will serve multiple purposes within the […]
TL;DR MicroStrategy’s official account on the X platform was compromised by hackers, resulting in a loss of over $440,000 in cryptocurrencies. Hackers distributed malicious links promoting a fake “airdrop” of a token called “MSTR,” directing users to a fraudulent website mimicking MicroStrategy’s legitimate platform. So far, the company has not provided statements regarding the incident. […]
The year 2024 holds a mix of potential scenarios for Bitcoin, influenced by several key factors including institutional adoption, the halving event, regulatory developments, and global economic conditions. In 2023, the cryptocurrency space faced challenges, notably with Binance and its CEO Changpeng Zhao entangled in legal disputes with the U.S. Commodities Futures Trading Commission. Initially, […]
TL;DR Bitcoin’s price recently soared above $56,000, with predictions suggesting a further surge to new all-time highs due to the halving event and investor sentiment. Bullish market indicators, such as negative exchange netflows and rising futures open interest, hint at increased confidence and trading activity in BTC. BTC’s Odds to Skyrocket The price of Bitcoin […]
A man in Australia has reportedly disappeared after a crypto exchange mistakenly sent his account more than $585,000. According to a new Australian Broadcasting Corporation (ABC) report, cryptocurrency trading platform Rhino Trading Pty Ltd, which operates OTCPro, allegedly slipped up and added a zero to an account deposit made by 37-year-old Mildura man Kow Seng […]
Three Ethereum (ETH) whales abruptly withdrew more than $64 million worth of the second-largest digital asset from a pair of centralized exchanges in a matter of days, according to the crypto tracker Lookonchain. Lookonchain reports that one whale withdrew 14,632 ETH worth $45.5 million from Binance over six days. The whale subsequently staked all of […]
PRESS RELEASE. Road Town, BVI, February 27, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of beoble (BBL) on February 28, 2024. Users of LBank Exchange can brace themselves for the BBL/USDT trading pair, which will go live […]
Bitcoin Spot ETFs are gunning for a new record after an incredible start to the new week. The price of BTC has risen 8% in the last day, and this has caused euphoria in the market. There could be a number of factors behind this; however, institutional investors seem to be playing a big role […]
RektCapital predicts the end of profound pullbacks for Bitcoin, indicating the start of a pre-halving rally and approaching its all-time high against the AUD. Despite the ongoing rally, a final pre-halving correction is expected within 50 days before the halving event, which traditionally reduces new Bitcoin supply and potentially leads to a bull run. The […]
Bitcoin’s price surge to over $53,000, its highest since December 2021
The Estonian Tax and Customs Board Feb. 22 explained the taxation and declaration of income from cryptocurrency. The announcement explains that: …
Former Goldman Sachs executive Raoul Pal believes Ethereum (ETH) is gearing up for a massive breakout against Bitcoin (BTC). Pal says on the social media platform X that the Ethereum versus Bitcoin ratio (ETH/BTC) is on the verge of breaking above the diagonal resistance of a massive wedge on the weekly chart. “The ETH/BTC chart […]
A top analyst at the investment giant Fidelity thinks Bitcoin (BTC) is primed to take market share from gold. Jurrien Timmer, Fidelity’s director of global macro, shares a chart on the social media platform X that examines the value of “monetary gold.” The term refers to the gold that’s explicitly held by central banks and […]
TL;DR Mike Novogratz, CEO of Galaxy Digital, projects sustained growth of Bitcoin as a store of value, supported by growing institutional and retail acceptance. The launch of Bitcoin ETFs in the United States represents a significant step forward for mass cryptocurrency adoption and promises to boost demand for Bitcoin in the market. Regulatory challenges in […]
TL;DR RiskOnBlast Vanishes: The gambling and exchange platform RiskOnBlast, based on the Blast layer-2 ecosystem, has disappeared, allegedly taking with it over 420 ether. This is suspected to be the first rug pull on Blast. Funds Transferred: The funds raised from over 750 wallets were found to have been transferred in large amounts to various […]
Algotech (ALGT) was designed as a decentralized algorithm trading platform that leverages new technologies like AI, Machine learning, and Data analysis to improve the trading space. Trading is purely psychological, and this has reduced the statistical advantage traders have built over time. With the introduction of unique algorithm trading systems, Algotech is able to improve […]
Solana-based investment products had seen steady inflows throughout the year after intensive performance and reliability improvements. However, investor confidence took a hit due to a network outage lasting five hours earlier this month, caused by a bug that caused transactions to enter an infinite loop, thereby impacting the network’s functionality. Solana’s Troubles Continue Among altcoins, […]
Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explained why it is moving to dismiss the case. “Crypto innovators in the United States should not have to fear retaliation for their political speech. They should be free […]
Braiins, a leading mining pool in the Bitcoin industry, has made a significant stride by becoming the first mining pool to introduce Lightning payouts. This pioneering move marks a notable advancement in the integration of the Lightning Network (LN) within the mining sector. Introducing Lightning payouts ⚡️ We are excited to be the first mining […]
On-chain data shows the Bitcoin supply in profit has reached levels that led to some tops in the past, like the peak of the April 2019 rally. Bitcoin Supply In Profit Has Shot Up Following BTC’s Latest Run As pointed out by an analyst in a CryptoQuant Quicktake post, Bitcoin supply in profit has hit […]
Can traders expect upward move of Cardano (ADA) and Solana (SOL) shortly?
Notcoin: A Playful Revolution in Cryptocurrency Engagement. In the dynamic landscape of digital tokens, envision a unique scenario where millions of …
Bitcoin’s big start to the week is triggering a massive amount of liquidations across the crypto markets. At time of writing, Bitcoin is trading at $53,584 while Ethereum changes hands for $3,152, prices not seen since November of 2021. According to crypto data aggregator Coinglass, $182.33 million in liquidations have rocked traders on Binance, Bybit, […]