Movements below the critical $92,000 threshold in the Bitcoin $83,383 market are causing concern among traders. Notable analyst Justin Bennett warns that a monthly close under this level could signify significant correction risks. According to Bennett, Bitcoin’s price trends align with macroeconomic developments and the S&P 500 index, indicating that structural weaknesses necessitate cautious behavior…
Russia is using Bitcoin, Ethereum, and Tether for oil trade with China and India to bypass U.S. and EU sanctions. Cryptocurrencies facilitate faster transactions and reduce reliance on traditional banking systems. The U.S. is considering additional sanctions, but Russia’s crypto-driven trade continues to grow. Russia is using crypto to bypass Western sanctions, Reuters has reported….
Telegram’s own custodial wallet, Wallet, built on the TON blockchain, expands access to cryptocurrencies for its over 100 million users. The Open Platform (TOP) has announced plans to expand the crypto custody services of its Telegram wallet Wallet to include over 50 new altcoins. Accordingly, the Wallet will support the trading of more than 50…
World Liberty Financial (WLFI), a DeFi project backed by Donald Trump and his sons, has successfully concluded its second public token sale, securing $250 million from investors. Launched on September 16, 2024, WLFI aims to promote stablecoins pegged to the US dollar while challenging traditional banking structures. The project has been positioned as a crypto-friendly…
21Shares just announced it will be liquidating two of its exchange-traded funds after a routine review. 21Shares has announced plans to liquidate two of its exchange-traded funds that invest Bitcoin (BTC) and Ethereum (ETH) futures. Specifically, it will liquidate the ARK 21Shares Active Bitcoin Ethereum Strategy ETF and the ARK 21Shares Active On-Chain Bitcoin Strategy…
Bitcoin’s price has been stuck in a narrow range since March 9, unable to break past the $84,000 resistance level. Data from Cointelegraph Markets Pro and Bitstamp shows BTC trading between $78,599 and $84,000, reflecting broader market uncertainty. Factors Contributing to Bitcoin’s Stagnation Economic and Political Uncertainty Bitcoin’s lack of momentum is tied to macroeconomic…
Russia has continued to supervise the nation’s cryptocurrency mining sector with the recent discovery of a mining farm hidden in an orphanage in Siberia. The official press release of Irkutsk Oblast Prosecutors office has confiscated over 90 mining rigs from a facility in the village of Kazachye. With the loosening, Russia is becoming one of…
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3 min read by Ariela R. Ethereum once again postpones the Pectra update. To avoid a rushed implementation, the crypto network will launch a third testnet on March 17, with Pectra activation scheduled for March 26. Why this delay? What are the stakes for Ethereum? Analysis. Ethereum constrained to launch a third…
The crypto and the global non-fungible token market are currently facing a tough bear market season, which has left the flagship crypto “Bitcoin” and NFTs far below its 2024 peak. In light of the ongoing bear market, the “Crypto is Bullshit,” a non-fungible token collection from Beeple, has come back to life a resold for…
This marks a major milestone for the platform, which aims to make waves in the crypto space. The $WLFI token sale has attracted attention not only for the sheer amount raised. Also, due to Trump’s involvement and the platform’s ambitious vision. WLFI Token Sale Signals Investor Confidence Amid Controversy The $WLFI token was designed for…
What makes a top rated crypto stand out in today’s crowded market? Some projects ride the hype train with flashy promises, while others deliver real innovation. Celestia (TIA) and Theta (THETA) have recently made headlines with significant price movements and technical developments, drawing the attention of early adopters. Celestia has shown a notable 18% price…
Russia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on March 14, citing sources familiar with the matter. According to the report, some Russian oil companies have settled trades in Bitcoin, Ethereum, and stablecoins like Tether’s USDT. This strategy simplifies the conversion of…
The cryptocurrency market was slowly starting its recovery journey. While the market was hoping to witness an uptick in March, several assets recorded a massive decline. The world’s largest cryptocurrency Bitcoin (BTC) dropped by nearly 7% throughout the past week. Amidst this, the king coin reclaimed the $83,000 mark and restored hope in the market….
Russia is reportedly utilizing cryptocurrency and stablecoins in its oil trade with China and India to skirt sanctions from Western countries. Russia publicly encouraged the use of cryptocurrencies and passed a law allowing digital currencies last year. Russia has reportedly turned to cryptocurrencies to facilitate oil sales to China and India. According to a Reuters…
Bitcoin ETFs saw a net outflow of $143 million on Thursday, March 13, resuming their downward trend, while ether ETFs continued their decline with a $74 million outflow, marking seven consecutive days of losses. More Outflows as Crypto ETFs Face Continued Withdrawals After a brief respite, bitcoin exchange-traded funds (ETFs) resumed their outflow trend, with…
Bolivia is dealing with a profound economic crisis characterized by a severe shortage of U.S. dollars and escalating fuel shortages. In a groundbreaking move, the Bolivian government has authorized its state-owned energy company, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), to utilize cryptocurrency for fuel imports. This strategic decision aims to circumvent the dwindling foreign currency reserves…
– Advertisement – BlackRock may file for an XRP ETF once Ripple’s SEC lawsuit concludes, positioning for a competitive market entry. Other asset managers like Franklin Templeton and Grayscale are leading the push for XRP-focused ETFs amidst delays. BlackRock is expected to file for an XRP exchange-traded fund (ETF) only after Ripple’s ongoing legal dispute…
Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots – BitcoinWorld Skip to content Home Press Release Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots Source link
Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC’s downfall was solely market-driven. Once valued at over $10 billion, 3AC collapsed in mid-2022 after a series of leveraged directional trades…
US Representative Byron Donalds is moving fast to make sure that President Donald Trump’s executive order on Bitcoin stays locked in for good. Later today, the Florida Republican will introduce a bill to Congress that would prevent any future president from undoing the strategic Bitcoin reserve and crypto stockpile that Trump ordered earlier this month….