As our lives become more intertwined with the digital world, the need for secure online transactions is more crucial than ever. We’ve all heard of platforms like Amazon, eBay, and Shopify—places where we shop, sell, and exchange goods and services. These platforms have made online shopping incredibly convenient, but they come with their own set…
Bitcoin (BTC) ended the week above $58,000, but it may face challenges in making further gains over the next week. Late summer often brings difficulties for Bitcoin bulls, so BTC might trade sideways for a while. After a recovery from last week’s yen carry trade sell-off, Bitcoin’s price fell again towards the end of the…
Bitcoin recently dropped below $60,000, which hit the broader crypto market hard. Ethereum and other altcoins also saw big drops, though DOGE held its support at $0.10. After a calm Saturday, the market turned down on Sunday, led by Bitcoin’s fall. Things got worse last Monday when Bitcoin dropped to $48,800, influenced by Japan’s economic…
Crypto analyst Lark Davis has identified nine reasons to remain positive about the market. He emphasizes that anticipated interest rate cuts could enhance market liquidity, benefiting risky assets like cryptocurrencies. Additionally, the significant growth in Bitcoin ETFs, including a recent inflow of $283.87 million, supports a bullish outlook for Bitcoin. Recently, Bitcoin’s (BTC) price has…
The crypto market is booming, with Bitcoin bouncing back to over $62,000 after dropping to $49,000 earlier this week. It’s currently at $61,343.58, up 7.27% in the past 24 hours, and its dominance has increased to 56.42%. Meanwhile, Ethereum has risen 11.03% to $2,698.41, with a market cap of $324.75 billion, up 10.38% from yesterday….
Cryptocurrency prices made a strong comeback during the overnight session as investors remained hopeful about the industry and potential Federal Reserve intervention. Bitcoin surged to a high of $56,000, adding over 7,000 points from its lowest point on Monday. Ethereum rose to $2,525, while Stellar Lumens (XLM) increased to $0.090, 20% above its Monday low….
The U.S. Federal Reserve has called an emergency meeting today in response to the severe collapse of Japanese markets, which has triggered a worldwide panic selloff. As global markets face significant downturns, the Fed is set to reassess interest rates to address the turmoil. Analysts are anticipating a rate cut of 50 basis points (bps)…
The global financial markets are experiencing significant turmoil, with the crypto sector being no exception. South Korea’s stock market has plunged by 4%, officially entering correction territory. Meanwhile, Japan is facing its worst two-day drop in history, surpassing even the infamous Black Monday crash of 1987. This steep decline raises concerns about a potential larger…
The crypto market experienced a sudden and severe drop on August 5, leading to the liquidation of over $600 million in leveraged long positions. Bitcoin’s price fell sharply, reaching as low as $52,500.This drop marked a 10% decrease from its previous level of $58,350, occurring in less than two hours. The sharp decline also impacted…
The entire crypto market cap has dropped by 12.87%, with more than $300 billion wiped out in the last few hours. Bitcoin’s price is also falling amid this turmoil. The crypto sell-off has worsened during Asian trading hours as Japan’s Nikkei index fell another 7% early Monday, August 5. This recent drop means the Nikkei…
Today, Bitcoin’s price fell nearly 6%, forming a large red candle on the daily chart. This drop has pushed the entire crypto market into a bearish trend as the week ends. Bitcoin is currently trading around $61,592, having briefly dipped to $60,433 before a small intraday rise. This decline has led to significant drops across…
The total cryptocurrency market cap has declined by over $60 billion in the day following the FOMC meeting. Bitcoin’s price fell below $65,000 as the FOMC signaled a hawkish stance on a potential rate cut in September. Among the hardest hit was Book Of Meme coin (BOME), which dropped by 12% in the last 24…
At their latest meeting, the Federal Reserve decided to keep interest rates unchanged. Fed Chair Jerome Powell indicated that a rate cut might be considered in September. This potential change will depend on future inflation and economic data. Powell emphasized that officials will review these factors carefully before making any decisions on adjusting the rates….
The US government has moved 29,800 BTC, valued at $2 billion, from seized Silk Road funds. Following this transfer, the Bitcoin price dropped 1.3%, trading at $66,890.12. During the July 30 Asian trading session, Bitcoin stayed at lower levels after hitting resistance and dropping $4,000 in value. TradingView data showed BTC/USD around $66,500 at the…
The crypto market is eagerly awaiting important events this week that could affect the Fed’s plans for interest rate cuts. Key events include the FOMC’s interest-rate decision, Fed Chair Jerome Powell’s press conference, and US job data. These events are expected to provide crucial insights into the US Federal Reserve’s policy plans, making this week…
Bitcoin has bounced back strongly after dipping below $63,500 earlier in the week, reaching over $68,000 today. While altcoins have had mixed performance, with most showing slight gains except for XMR and MKR, Bitcoin’s recent surge stands out. Market analysts highlighted that BTC hit a 6-week peak of over $68,400, demonstrating significant recovery strength. Bitcoin…
Independent presidential candidate Robert F. Kennedy Jr. has proposed a major shift in U.S. cryptocurrency policy. If elected, he plans to push for a $615 billion Bitcoin investment to match the value of gold reserves and eliminate capital gains tax to support the crypto industry. Additionally, former President Donald Trump may endorse Bitcoin as a…
Elon Musk has been publicly disowned by his transgender daughter, Vivian Jenna Wilson. The 20-year-old used the social media platform Threads to challenge her father’s recent controversial comments. She posted a screenshot of an old tweet from Musk where he claimed she was “born gay and slightly autistic,” a statement she strongly denied, calling it…
Bitcoin has climbed by 4.34% in the last 24 hours and is currently trading at $66,947.64. Compared to a week ago, Bitcoin is up by 4.24%. Ethereum, the second most popular cryptocurrency, has increased by 2.42% since yesterday, bringing its price to $3,252.93. However, it has dropped by 5.15% over the past week. In terms…
Bitcoin dropped briefly on Sunday after U.S. President Joe Biden announced he wouldn’t run for a second term, leading to the liquidation of $159 million in futures contracts, as reported by Coinglass. However, the decline was short-lived. By early Monday morning, Bitcoin had recovered and even surpassed its previous level, reaching as high as $68,480.36….
After President Joe Biden announced he is stepping down from the 2024 race, Vice President Kamala Harris thanked him on X and expressed her goal to win the nomination. As the first female, Black, and South Asian Vice President, she could make more history. Let’s explore her career and possible running mates. Kamala Harris: A…
Indian crypto exchange WazirX has announced that it lost virtual assets valued at over $230 million due to a cyber attack, which is now linked to North Korea. Late Thursday update from WazirX, the attack specifically targeted one of WazirX’s multi-signature wallets, known as digi-cash lockers. These wallets are designed for enhanced security by requiring…
Recent Bitcoin transactions by Mt. Gox suggest that repayments to creditors are about to start. This has led to market speculation and could impact Bitcoin’s price. Mt. Gox, a defunct cryptocurrency exchange, recently made significant transactions. According to on-chain data from Arkham Intelligence, Mt. Gox conducted two major Bitcoin transfers. The transactions included an initial…
Bitcoin surged above $60,000 following speculation that Donald Trump’s chances of winning the presidential election have increased after his defiant response to an assassination attempt. The former president, who has supported crypto, was shot in the right ear during a political rally in Pennsylvania on Saturday. His campaign reported that he is “fine” and looking…
Former US President Donald Trump fell victim to a shooting attack during his campaign in Pennsylvania. Several public figures, including Elon Musk and President Joe Biden, reacted strongly to the incident. Following the attack, Trump-related meme coins, like TREMP, saw a significant spike in their value. Reports indicate that Secret Service agents quickly evacuated Trump…
Shiba Inu’s price is still struggling after a 47% drop in June that pushed it to a four-month low. However, the market is improving, and SHIB’s growing correlation with Bitcoin is helping. SHIB holders are not selling much, which shows their continued support. With these positive factors, SHIB’s price could increase soon, especially as it…
Analyst Captain Faibik predicts that Bitcoin could surge to $70K with a potential bullish breakout. The Bitcoin DBW pattern suggests a possible bullish breakout on the 4-hour BTC/USDT chart. This comes as the German government has sold 50,179 Bitcoins, worth $3.3 billion, which has impacted the BTC price. Bitcoin has been stuck in a consolidation…
With just 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC. On July 12, the government resumed selling its Bitcoin holdings, following the return of some previously transferred BTC to its wallet. According to Arkham blockchain data, the government carried out several transactions, moving a total of 3,200 Bitcoin, worth…
Germany’s Bitcoin holdings briefly dropped below 5,000 BTC after transferring a large amount to Coinbase, Bitstamp, and Kraken. However, some Bitcoin has since been moved back. As of July 11, the German government’s Bitcoin wallet holds 9,094 BTC, just 18% of its original amount, following a series of transfers with crypto exchanges. Germany’s Bitcoin Holdings…
July has been a busy month for the crypto world, with several significant developments and announcements. Major events include important conferences for Ethereum and Polkadot, as well as landmark occasions for various altcoins. “The cryptocurrency landscape is evolving rapidly, making it crucial for investors to stay updated on these key changes,” noted a leading industry…
Ripple CEO Brad Garlinghouse is scheduled to participate in a roundtable meeting hosted by U.S. Representative Ro Khanna. This engagement is viewed by the crypto community as “too little, too late.” The meeting will bring together crypto industry leaders and executives, likely to discuss digital asset policies in the United States. This roundtable takes place…
Despite the massive selling by the German government, Bitcoin’s price has remained firm at $58,700. Germany’s Bitcoin holdings value has now dropped to just above $1 billion. The German government’s Bitcoin selling spree has continued into July 10, with nearly 5,853 Bitcoins moving out of its wallets in the last hour, according to Arkham Intelligence….
Bitcoin price surges towards $60K following Fed Chairman Powell’s remarks on inflation. During his testimony before the Senate Banking Committee, Powell emphasized the need for a balanced approach to monetary policy. As a result, Bitcoin has risen to around $59,140, up from an earlier low of $57,014. Bitcoin is getting close to $60,000 as it…
Last week, Bitcoin (BTC) closed on a bearish note after falling below the key support level of $56,500 to $61,466. Despite forming a possible bullish pattern, rising panic has increased market fear. On Monday morning, Bitcoin was trading around $55,422, and the fear and greed index dropped to 28, indicating growing fear. For the first…
Bitcoin’s recent rebound was halted by the ongoing selloff from the German government. On Sunday, the German government transferred 700 BTC to an unidentified address. Despite this, Bitcoin has managed to reclaim significant support at $56,500. Bitcoin’s potential rebound was halted early Thursday when on-chain trackers detected another large BTC transfer by the German government….
Recently, the prediction market Polymarket has seen significant activity. The platform reported over $100 million in trading volume for June, with $8.2 million of that coming on the day when 2024 presidential candidates Donald Trump and Joe Biden debated. Polymarket has gained attention recently, with betting volume starting to increase in January. In December 2023,…
Today, meme coins have seen a big rise, thanks to positive factors that have lifted the overall market mood. Major meme coins like DOGE, SHIB, and PEPE have all had notable gains. This strong performance shows an increase in market confidence and a rebound from recent lows. Meme coins have bounced back today after a…
Analysts say Bitcoin could drop to $50,000, but strong economic conditions and a strong “buy the dip” mindset will likely help BTC’s price bounce back quickly. Bitcoin dropped to $53,600 on Coinbase on July 5, the lowest price since February. Analysts worry that the worst is yet to come. Analysts Warn of Further Bitcoin Decline…
German lawmaker Joana Cotar criticized the government for selling Bitcoin, arguing that it increases market volatility. She advocates for using Bitcoin to diversify Germany’s treasury assets, hedge against inflation, and promote innovation. Cotar also opposes the European Central Bank’s Digital Euro, believing it threatens financial freedom and privacy. German MP Joana Cotar Criticizes Government’s Bitcoin…
In the past hour, Ethereum liquidations have exceeded those of Bitcoin. The price of ETH has dropped below the important $3,000 mark as fear and uncertainty in the market hit new highs. Bitcoin’s price has also plummeted to $55,000, causing even more panic selling in the altcoin market. As a result, Ethereum and almost all…
The US Marshals Service (USMS), part of the Department of Justice (DoJ) and responsible for handling asset forfeiture, has partnered with Coinbase Prime. This branch of the well-known cryptocurrency exchange Coinbase will manage custody and trading services for the large amounts of cryptocurrency held by the USMS. This partnership was announced in a blog post…
July is here, and everyone in the crypto community is anxiously watching Bitcoin. This month is set to bring some major changes, and not necessarily the kind we all hope for. Bitcoin faces potential selling pressure from the 140,000 BTC Mt. Gox repayments starting in July 2024. The CMF value of 0.15 suggests Bitcoin is…
Cryptocurrency circles welcomed the recent decision by the US Supreme Court. Ripple officials have shared their reactions to this decision. In a landmark 6-3 decision, the U.S. Supreme Court overturned the 1984 Chevron ruling. Previously, this ruling required federal judges to accept federal agencies’ “reasonable” interpretations of unclear laws from Congress. This new decision represents…
On Tuesday, the memecoin market saw a sudden surge with the first signs of a broader market recovery. This led to substantial gains for both well-known and smaller-cap coins. In the last 24 hours, the total market cap of memecoins surged by 12.37% to reach $49.6 billion. Leading this increase were prominent Ethereum-based coins like…
Solana (SOL) and Cardano (ADA) are leading the crypto market’s gains, showing slight inflows over the past 24 hours. The total market cap has risen to $2.28 trillion, up 3.35% today. Previously, it was over $2.6 trillion with high institutional inflows. Known as ETH killers, Solana and Cardano have recorded inflows along with gains in…
The crypto market experienced a notable surge on June 20, driven by two significant developments. The launch of a Bitcoin ETF on Australia’s leading securities exchange and the SEC’s clearance of Ethereum contributed to a 1.70% increase in net capitalization, reaching $2.35 trillion. These developments sparked excitement across the crypto community, signaling positive momentum in…
New projects and developments constantly emerge in the crypto world. This week, several projects are set to unveil major updates and events that could influence their market standings. Keep an eye on these top 5 crypto projects: Beercoin, Horizon Protocol, ArtFI, Chiliz, and Solana. Each has something noteworthy happening—let’s see what makes them stand out….
XRP, a cryptocurrency with a large market cap, has stood out in the crypto industry on June 18. Despite the general downward trend in the market, XRP has traded positively with noticeable ups and downs, attracting considerable attention from investors. During this turbulent market phase, XRP has witnessed significant movement among major holders, who transferred…
Today (Jun 18), crypto prices are falling. Bitcoin dropped to $65K, and Ethereum is pulling back. Altcoins like Solana, Dogecoin, and Shiba Inu are also down 9%-13%. However, XRP is up. The global crypto market cap fell 3.14% to $2.35 trillion, while market volume surged 104% to $94.07 billion. This decline follows the U.S. Fed’s…
On June 12, the Federal Reserve decided to keep interest rates unchanged between 5.25% and 5.5% during its fourth policy meeting of the year. This decision aimed to maintain economic stability, impacting both traditional financial markets and cryptocurrencies. The announcement caused widespread reactions across global markets, as investors closely followed the Fed’s economic policies and…