Shiba Inu (SHIB) has been attracting investors and analysts based on a recent potential breakout pattern. As the meme coin market is currently active, analysts have predicted the movement of SHIB’s price and a possible surge. Popular analyst, Charting Guy observed that Shiba Inu may be on the precipice of an enormous price increase after…
Este artículo también está disponible en español. Crypto analyst Egrag Crypto has predicted that the XRP price will rise 8,400% to $44. Interestingly, the analyst suggested that the crypto could still reach a higher price target, calling the $44 price level “conservative.” XRP Price To Reach $44 Egrag Crypto predicted in an X post that…
Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, with Cainvest providing liquidity for the BTC and ETH pairs listed on these exchanges and other markets to be developed in the future. Crypto Consortium…
The cryptocurrency community was eagerly waiting for HBO to air “Money Electric: The Bitcoin Mystery.” This documentary made headlines as it claimed to reveal the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Soon after the show went live, Peter Todd, who was an early Bitcoin enthusiast and a core contributor was named as the creator…
European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Este artículo también está disponible en español. Despite its recent lacklustre price performance, market experts remain extremely bullish about the Cardano price prospects. Notably, a crypto analyst has forecasted that Cardano, which is currently trading below the $1 mark, is on the brink of a major breakout, with the potential to skyrocket to $5. Expert…
A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive. ECB Paper: Stablecoins Are Susceptible to…
The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit, calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC’s actions create instability in the crypto sector, directly contradicting the agency’s mission. XRP Army’s Petition Calls for…
A NEIRO investor turned a $56,000 investment into $2.69 million by the time the token’s value surged 47x from its original value. From July 28 to September 16, the investor purchased 1.474 billion NEIRO tokens, paying for them with 23.4 ETH. As NEIRO price soar so did his investment, find out all about it. 一地址通过…
Ethereum price is up 2.19% over the past 24 hours, trading at $2,433, and its market cap is $292.9 billion, up 2.17%. Fears over whale sales in ETH pushed prices lower yesterday, after a whale sold 45,000 ETH $113.3M over 15 days, while the whale remains in possession of 94,450 ETH $230M. Ethereum’s fundamentals with EIP-7781…
Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System. However, he stated that this would take some time, as the cost of this migration would be significant. Drex Coordinator Envisions Total Substitution Of Traditional…
Binance has disclosed plans to convert some of the delisted tokens to USD Coin (USDC). The exchange also notified users that tokens, like Vai (VAI), Tornado Cash (TORN) and OMG Network (OMG) would be swapped to USDC. This development will impact all the users who have these tokens in their Binance wallets. As a result,…
Este artículo también está disponible en español. In a year marked by significant volatility in the cryptocurrency market, memecoins have emerged as key players, outperforming Bitcoin (BTC) and the rest of the largest cryptocurrencies in the ecosystem. This trend was underlined by recent insights from market expert Miles Deutscher, who highlighted a presentation by memecoin…
Este artículo también está disponible en español. The price of Shiba Inu might be currently declining, but an analyst says the meme coin is gearing up for a bullish run as it is currently flashing a buy signal. According to Cantonese Cat, SHIB is now flashing a strong buy signal based on the L3 Banker…
In the wake of the European Union’s new regulatory framework, Algorand is taking a leadership role in the European crypto market. They recently introduced two MiCAR-compliant stablecoins, $EURD and $USDCa. Launching these stablecoins allows for fully regulated and secure digital asset options for European users. This takes place under the Markets in Crypto Asset Regulation (MiCAR). This…
Following its downfall in 2023, FTX has seen its repayment plan approved, with one analyst suggesting the decision could lead to $2.4 billion entering the crypto market in Q4 of this year. Indeed, the plan is expected to have a notable impact on the digital asset sector. Specifically, driving significant funds to re-enter the market…
In a bold move, cryptocurrency exchange Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) following the receipt of a Wells notice, which indicates the SEC’s intention to pursue legal action over alleged securities violations. The company, known for its user-friendly platform for buying and selling crypto and its popular debit…
Pepe Coin (PEPE) made a notable entry into the canine-dominated cryptocurrency industry. The meme coin has witnessed impeccable growth over the last couple of months. About four months ago, the asset hit an all-time high of $0.00001718. But the rough tides on the cryptocurrency market got to the frog-inspired coin, as it slipped and is…
The layer two platform Linea has teamed up with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability. Linea Expands Ecosystem With Chainlink’s CCIP Linea, an Ethereum layer two (L2) network, recently shared news…
CATS token surged by 703.40% after being listed on top exchanges like Bybit, KuCoin, and Bitget. According to Coinmarketcap stats, the token surged by 96.73% in the last 24 hours. It is is worth noting that CATS is one of the crypto game projects hosted by the Telegram mini app. Trading volume increased by 1,734% as…
Dan Gallagher, the chief legal officer at Robinhood and a former SEC commissioner, is emerging as a potential replacement for SEC Chairman Gary Gensler should Donald Trump win the presidency. According to a report by Politico, Gallagher is favored by several former regulators and securities lawyers, particularly in light of the SEC’s ongoing scrutiny of…
Este artículo también está disponible en español. After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC). While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price…
MicroStrategy (MSTR), the business intelligence firm’s bet on Bitcoin, is paying off. In a milestone achievement for the corporate holder of BTC, the firm’s stock has hit a six-month high. MSTR Stock Hits New Highs At the peak of Monday’s trading, data showed MicroStrategy soared to new levels. For the first time in six months,…
Este artículo también está disponible en español. Layer-1 chain Sui (SUI) has been capturing significant attention lately. As of this writing, SUI has surged by 125% over the past 30 days and has skyrocketed 345% from its yearly low of $0.46 on August 5. These impressive figures position SUI among the top performers in the…
The entire cryptocurrency market was painted red, and the OG meme cryptocurrency Dogecoin (DOGE) wasn’t spared either. The asset’s journey towards $0.20 was disrupted as it dipped to a low of $0.106. At press time, the asset was trading around the same level, with a 4.11% drop over the past 24 hours. Also Read: Ripple:…
U.S. spot Bitcoin exchange-traded funds (ETFs) witnessed a significant surge in net inflows. Bitcoin ETFs saw $235.19 million in capital last Monday, after two days of being brought in. This trend reflects a growing investor interest in the market with conditions going haywire. The FBTC ETF from Fidelity led the inflow charge, which brought in $103.68 million….
Spooky season is around the corner. While the cryptocurrency industry has been scaring investors for a while now, the community eagerly awaits to see how these assets will perform during Halloween. The holiday is more special for the cryptocurrency market as it also marks the day that the pseudonymous creator of Bitcoin, Satoshi Nakamoto, shared…
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging…
Cryptocurrency exchange Crypto.com is suing the U.S. Securities and Exchange Commission (SEC). This comes after the company received a Wells Notice from the SEC. It is a kind of a warning that the SEC is likely to take enforcement action regarding the securities laws. The lawsuit, names the US SEC Chair Gary Gensler and 4 commissioners. It…
Este artículo también está disponible en español. Popcat (POPCAT), yet another memecoin that recently gained momentum, is making headlines as it closes in on an all-time high. In this context, whale activity is peaking for big investors buying millions of tokens. As the market buzz grows, many people are asking what the future holds for…
The US Supreme Court has officially approved the sale of seized Bitcoin in a recent decision. Indeed, the country is set to move 69,370 BTC from its Silk Road seizure after a recent approval. Moreover, that current stash is valued at around $4.4 billion, with the US Marshal Service overseeing the sale. What the United…
The growing demand for digital currencies globally has amazed finance experts; Chainalysis noted in its recent report that India has the highest crypto adoption worldwide. In its recent report, MatrixPort noted that around 7.51 percent of the global population now uses digital currencies. Further, the number is expected to reach 8 percent by 2025, reflecting…
An Ethereum whale, who received 150,000 ETH during the Initial Coin Offering (ICO), continues to offload the holdings. Crypto analyst EmberCN reported the incident on X (formerly Twitter). According to the analyst, the whale has moved 5,000 ETH (worth 12.22 million) to Kraken exchange. This comes after the whale sold 45,000 ETH last week, worth…
Dozens of evolving nations and established nations have been working to lower their taxes on income from cryptocurrencies. At the beginning of October 2024, the UAE announced that cryptocurrency transactions would be exempt from value-added taxes starting November 15, 2024. The Arabic version of the announcement was published on October 02, 2024, and after two…
Last week brought significant changes to the landscape of global investment in cryptocurrencies. The crypto investment products saw $147 million in net redemptions, which snapped a three-week inflow. The digital currency exchange saw the biggest outflow of Bitcoin funds of $159 million, while Ethereum also recorded outflows of $28.9 million. James Butterfill, the Head Of…
The cryptocurrency industry witnessed the arrival of a plethora of meme coins. However, none had a bigger impact on the market than Shiba Inu (SHIB). The meme coin has been making headlines since its inception for several reasons. While it started off with its ability to create millionaires and billionaires, the focus has now shifted…
Web3 gaming is seen as a contender in the traditional gaming industry, but a majority of traditional gamers find using the crypto wallet a tough task. Publicly available data notes that the Web3 game market was veiled at $26.38 in the previous year. A report titled “The Future of Web3 Gaming is Competitive: Global Gaming…
HKVAX has received its license for the cryptocurrency exchange and Hong Kong’s financial landscape is still waxing for the better. Recently, the Securities and Futures Commission (SFC) confirmed this approval. HKVAX became the third crypto-based platform licensed in the region. Simi Cheung, head of the SFC’s Inspection & Money Laundering Branch, says she announced the decision in…
Ward Roddam, mayor of the City of Rockdale in Texas, explained how the arrival of bitcoin mining revitalized the city’s economy. In a recently published opinion piece, Roddam noted that bitcoin miners took advantage of the energy infrastructure left by Alcoa, an aluminum plant that closed in 2008 due to rising energy costs and regulations….
In the United States, Texas has emerged as one of the most preferred locations by cryptocurrency miners. The state is known for its cheap electricity, favorable regulations, and energy generation from natural resources such as wind and sun. On October 07, 2024, in the district court for Hood County, Texas 335th judicial district a group…
Blockchain analytics platform Santiment has spotted some crypto projects with a significant spike in whale activity this past week. These projects gained attention due to their discouraging whale transaction level compared to the prior week. The spotted crypto projects include Cronos (CRO), Aave (on Polygon and Optimism), and Toncoin (TON), among others. CRO, AAVE, TON…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Every cryptocurrency has a specific price goal that it would like to achieve. The Shiba Inu (SHIB) community hopes to reach the 1-cent mark, while Dogecoin (DOGE) has been eyeing $1. Meanwhile, $500 is a prominent Solana (SOL) market milestone. Also Read: Shiba Inu: Will Elon Musk’s Tesla Accept SHIB? At press time, Solana was…
The upcoming U.S. CPI report could influence the Federal Reserve’s stance on rate cuts, impacting crypto market liquidity. Higher inflation may prompt cautious crypto investment, as tighter monetary policies could deter riskier asset allocations. Both traditional and crypto markets depend critically on the forthcoming Thursday release of the U.S. Consumer Price Index (CPI). With reduced…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
A recent meme coin miracle has shocked the crypto world. On Solana, an unknown trader turned $800 into $10 million using Moo Deng tokens. Source: Solscan Also Read: Epic Games To Create Fortnite, Minecraft, Roblox Metaverse Understanding Meme Coin Trading: The Moo Deng Success Story and Solana’s Role The Rise of Moo Deng Moo Deng…
Bahrain’s first Bitcoin fund offers institutional investors exposure to Bitcoin with downside protection, boosting crypto adoption in the GCC. MENA’s booming crypto market, driven by institutional activity, positions Bahrain as a key player in the region’s digital asset space. Following the update shared by CNF, the Central Bank of Bahrain (CBB) is accelerating measures toward…
Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen per BTC. With this acquisition, Metaplanet’s total bitcoin holdings now stand at 639.503 bitcoin. The cumulative amount…
While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC’s future trajectory especially when the asset would make the play out of…