Cryptotale

Vitalik Buterin emphasized Ethereum’s Layer-2 fee reduction to almost zero at Token 2049. Ethereum’s transition to proof-of-stake cut confirmation times to nearly 5–15 seconds. Buterin noted the balance between mainstream adoption and maintaining decentralization. At the Token 2049 event in Singapore, Vitalik Buterin dwelt on the recent accomplishments of Ethereum, including L2 networks. He further…

Egrag’s analysis predicts XRP could surge up to 9,468%, reaching a potential high of $27. Depending on market conditions and performance, XRP’s price could increase by 10x to 94x. Egrag recommends selling small portions at key price targets to maximize returns. Analyst Egrag Crypto has recently made some daring predictions of XRP’s value. In an…

Arthur Hayes predicts a market crash following the upcoming Federal Reserve rate cuts. Hayes critizes the Fed’s decision amidst high USD issuance and increased US govt spending. Potential rate cuts could destabilize markets and impact crypto investments negatively. Arthur Hayes, BitMEX co-founder has recently shared his views on the upcoming Federal Reserve rate cuts. Speaking…

The crypto market cap hits $2.18 trillion, fueled by Bitcoin’s price of around $60K. The market sees Bitcoin’s dominance rise to 54.58% amidst mixed trends in top cryptos. Altcoins like SATO skyrocket, surging 485%, showcasing the crypto market’s volatility. Bitcoin recently neared the $60,000 mark, trading at $59,930 as of press time. However, market trends…

BitGo to introduce a new stablecoin, USDS, offering liquidity rewards in January 2025. USDS will reward institutions for liquidity with returns from underlying assets. BitGo aims to achieve $10 billion in assets within a year of the USDS launch. BitGo, a leader in crypto custody, is planning to enter the stablecoin market with a new…

Analyst predicts a Bitcoin (BTC) breakout, targeting $80K as the next key target. Market observer suggests that FED rate cuts could push Bitcoin towards $65-68K.   Bitcoin trades near resistance, with buyers watching the FED’s next policy decision. Bitcoin has once again taken the spotlight as analysts expect it to break out soon. In an X…

Google Cloud’s Blockchain RPC service supports Ethereum, with plans for future expansion. The service offers a free tier with up to 100 requests per second and 1M daily requests. Fully compatible with Ethereum’s JSON-RPC, Google Cloud simplifies DApp integration. Google Cloud has launched a new Blockchain Remote Procedure Call (RPC) service. This will enhance crypto…

The Reserve Bank of Australia will launch a 3-year program on the future of digital money. The RBA and Treasury will release a joint paper on central bank digital currency (CBDC).  The research program will focus on wholesale CBDC and tokenized commercial bank deposits. The Reserve Bank of Australia (RBA) has proposed to launch a…

XRP closed indecisive as a potential breakout above key BTC resistance level is monitored. Analyst predicts XRP’s near-term direction depends on Bitcoin and upcoming FED events. XRP approaches its resistance, with potential volatility expected due to market shifts. XRP closed in an indecisive manner, leaving traders and market analysts seeking the next direction. An analyst,…

The rapid evolution of the digital space—encompassing blockchain, Web3, and decentralized finance (DeFi)—is changing the way people think about data, value transfer, and even the very fabric of the Internet.  But even though they hold much promise, people have been slow to adopt these technologies in their daily lives. Why? Two of the main hindrances…

Bitcoin is above the daily 200 EMA, targeting the daily 200 MA at $63,973 for a breakout. Key support levels at $56,530 and $52,997 will be critical if Bitcoin faces a pullback. A breach of $65K is needed to flip Bitcoin’s market structure and form a higher local high. The price of Bitcoin has recently…

Circle CEO Jeremy Allaire announced the launch of USDC stablecoin on Sui Network soon. This initiative will expand the stablecoin’s support to more than 15 blockchain networks. USDC will be supported on the Sui network through the Cross-Chain Transfer Protocol (CCTP). Circle CEO Jeremy Allaire announced that the USDC stablecoin will be launched soon on…

Chris Larsen’s 50M XRP transfer sparks speculation, causing a stir in the crypto community. The transfer to a new wallet raises market questions, with analysts monitoring its impact. Ripple’s legal clarity boosts confidence, with analysts predicting strong upward momentum. Chris Larsen, the co-founder of Ripple, made his first XRP transfer in 11 years. This led…

The SEC has fined $750K on the Flyfish Club Restaurant for conducting unregistered offerings. The NFT-themed restaurant sold 1600 NFTs to US investors and made $14.8 million. SEC commissioners Hester Peirce and Mark Uyeda slammed the agency for its stance. Commissioners Hester Peirce and Mark Uyeda of the US Securities and Exchange Commission (SEC) criticized…

Bitcoin holds above $59,000 as the market decline raises uncertainty for digital assets. Market cap shrinks to $2.15T, with traders cautious as fear grips the crypto space. Altcoins like Fight to MAGA surge, defying the bearish trend and offering hope. Bitcoin is trading above $59,000 as of press time and has shown a 1.34% upward…

XRP is nearing a breakout as it forms a symmetrical triangle on the weekly chart. The symmetrical triangle shows tightening price action, signaling potential volatility. Traders are closely watching XRP’s next move, which may trigger significant market momentum. XRP is currently showing signs of a potential breakout as the price consolidates within a symmetrical triangle…

AI experts have highlighted the possibility of humans losing control over AI technology. Scientists urged countries to unite and develop a global contingency plan to regulate AI. Experts state AI could bring catastrophic impacts if it expands beyond human control. Artificial Intelligence (AI) sparks concern over its potential risks while boasting innovative applications. Recently, a…

XRP nears the end of a 7-year market compression, hinting at a possible legendary surge. CrediBULL Crypto sees XRP pushing to $0.75, with current resistance around $0.6436. Analysts suggest a breakout could propel XRP to revisit its historic highs and beyond. XRP has been range-bound for the past seven years and is expected to break…

Early investors in Neiro saw massive returns after its listing on Binance, driving demand. Wintermute Trading increased its Neiro on ETH holdings despite the sharp price drop. Several traders used bots and early buying strategies to secure profits from NEIRO. Neiro’s (NEIRO) recent introduction on Binance has caused extreme market volatility that results in notable…

Ethereum and Solana show similar performance cycles against BTC, reflecting market trends.  Both ETH and SOL experienced 90% drops, followed by 500% recoveries and further declines.   ETH/BTC dropped 56% after its peak, and SOL/BTC has already fallen 27% so far. Recent price action data of Ethereum and Solana against Bitcoin shows that both ETH/BTC and…

INJ whale transfers to cold wallets have surged from August 2023, showing strong demand. RENDER whale coins shifted to cold wallets in July 2024, holding steady since the transfer. POL whales have moved coins as the network transitioned to Proof of Liquidity in Sept 2024. Injective (INJ), Render (RENDER), Polygon (POL) are among the altcoins…

Donald Trump unveiled his cryptocurrency project, World Liberty Financial, on Monday. The decentralized (DeFi) platform will enhance financial security and transactions.  The World Liberty Financial token distribution plan will adhere to the SEC regulations. Former US president Donald Trump launched his crypto project—World Liberty Financial—on Monday. The long-awaited project was launched amid speculations. The project…

MicroStrategy plans a $700M convertible senior note offering, maturing in 2028. They aim to redeem secured notes and release collateral, including its bitcoin holdings. Proceeds from the note sale will also support Bitcoin acquisition and corporate purposes. MicroStrategy has announced plans to offer $700 million in convertible senior notes, which are expected to be due…

Binance lists NEIRO, TURBO, and Baby Doge Coin, with USDT trading starting on Sept 16. Withdrawals for NEIRO, TURBO, and Baby Doge Coin on Binance open on Sept 17, 2024. The exchange activates Trading Bots and Spot Copy Trading tools within 24 hours of listing. Binance has listed three new tokens on its platform: Neiro…

After the significant liquidity dump on August 5, there are no big clusters nearby.    BTC has significant liquidity clusters at the lower high of $70k and the lower low of $47k. A breakout above the $72,000 level is likely to drive Bitcoin toward a new all-time high. Bitcoin traders sharply watch possible liquidity zones, especially…

Bitcoin’s CME gap suggests a 2-3% upside, hinting at a potential quick rebound soon. Federal Reserve rate cut looms and could trigger a fresh rally in Bitcoin’s market. Tether’s $1B printing adds buying pressure, signaling strong Bitcoin market demand. The price of Bitcoin is about to break out and enter a new, possibly significant phase….

Bitcoin’s 3-year Cup and Handle pattern indicates a potential breakout in the coming months. Analysts predict Bitcoin may surge as it approaches the final phase of consolidation. The Cup and Handle formation signals a bullish trend, with BTC poised for upward momentum. As a 3-year Cup and Handle pattern shows on its long-term chart, Bitcoin…

Fed rate decision uncertain, impacting Bitcoin’s price amid split expectations. Fed’s potential 25 or 50 basis point cut this Wednesday could redefine 2024 cuts. Bitcoin price fluctuates, dropping as market braces for significant Fed rate cuts. The Federal Reserve faces a tough decision this week with the decision to cut the interest rates. Market analysts…

SUI shows bullish signs with potential “higher low” and “higher high” formations. TIA’s volatile movements suggest instability; watch key Fibonacci levels for entry. Rising EMAs in SUI indicate growing momentum, hinting at more price fluctuations. The current cryptocurrency market exhibits considerable trading activities in SUI and TIA that may present opportunities for trade to investors….

Delta Prime lost over $6 million to hackers, who allegedly exploited its private key. After gaining access, hackers upgraded key proxy contracts to a malicious address. Market observers speculate Lazarus Group to be the brainchild behind the scam. Delta Prime, a decentralized finance (DeFi) platform, fell victim to a major hack, losing over $6 million…

Hedera becomes the founding premier member of Linux Foundation’s Decentralized Trust. Entire Hedera codebase, including hashgraph, was contributed to nurture global collaboration. Project Hiero was launched to enhance decentralized trust technologies under an open model. Hedera, which is a famous decentralized public network, has now become a key member of the Linux Foundation’s Decentralized Trust…

XRP surges 7.48% and needs to break and hold above $0,60 for continued momentum. RSI peak signals strong buying pressure, hinting at possible upward movement for XRP. A push past $0.6044 could lead to $0.6649, but failure may trigger a price pullback. Ripple (XRP) has seen a 7.48% increase over the past week, bringing the…

Ethereum’s value has declined, hitting a significant low against Bitcoin since April 2021. Altcoin sell-off continues as Bitcoin’s stable price shifts investor focus towards safety. Ethereum’s downward momentum mirrors a broader market trend linked to Bitcoin’s performance. Binance data showed that the ETH/BTC rate fell below 0.04 on Saturday, reaching a new low since April…

Circle announces its collaboration with Sony Block Solutions Labs to enable USDC on Soneium. Bridged USDC Standard will be one of the blockchain’s primary tokens for value exchange. This initiative will enable a seamless, secure, and borderless transaction for users. Circle, a global financial technology firm, joins Sony Block Solutions Labs to enable USDC on…

Due to the nature of blockchain technology, cryptocurrency has revolutionized the way people view and conduct financial transactions. The terms “on-chain” and “off-chain” refer to different methods of recording cryptocurrency transfers, each with its own set of merits and demerits. Anyone dealing with cryptocurrency, whether a simple internet user or an experienced trader, is bound…

Many token unlocks are expected to occur this week, including Starknet, Arbitrum, Ethena, and other projects. These unlocks can cause market movement, which can either prove to be beneficial or risky depending on the stance the trader takes. From bullish price trends to potential resistance levels, it’s time to break down how each token is…

Politics and cryptocurrencies are inseparable, with significant political events influencing the crypto market. This is particularly the case with this year’s presidential election in the United States, as one of the presidential candidates, Donald Trump, expressed support for cryptocurrencies. The recent face-off between Kamala Harris and Donald Trump did not deviate from this norm. While…

Emotions play a crucial role in trading because fear can lead to hasty decisions, while greed triggers overambitious investments. In the crypto world, they play a more significant role because of the inherent volatile nature of cryptocurrencies. The crypto fear and greed index can be developed to trace these emotions and measure their impact on…

Smart Contracts are a major part of the blockchain that helps automate the execution of functions when set conditions are met. However, its functionality was ultimately limited due to one major drawback: lack of access to real-world data. This limitation was solved with the launch of Chainlink, a decentralized oracle network that connects smart contracts…

XRP is approaching a key resistance zone between $0.63 and $0.65 for a potential breakout. XRP has shown strength in 2024, outperforming 90% of other cryptocurrencies since March. Analysts predict a major XRP breakout within seven days if the bullish trend continues. XRP is nearing a critical point on the price chart that could determine…

Dogecoin nears a bullish breakout as it approaches key resistance levels at $0.17.   Falling wedge pattern signals potential for Dogecoin’s price to rally significantly soon.   Analysts predict a Dogecoin surge to $0.17 if it breaks above the current wedge formation.   The price of the Dogecoin currency is at an inflection point with technical analysis showing…

Former CEO of FTX, Samuel Bankman-Fried, filed an appeal for a new trial with a new Judge. Bankman-Fried was charged with fraud, conspiracy, and money laundering in Nov. 2023. The ex-CEO is facing a 25-year term in federal prison for cheating investors of $8 billion. Sam Bankman-Fried, the former CEO of the collapsed cryptocurrency exchange…

Analysts predict XRP may be nearing a breakout, driven by key technical patterns. XRP experts believe crossing a critical resistance could trigger a bullish reversal. A symmetrical triangle indicates that XRP may soon enter a critical phase for price action. XRP has been receiving attention on the X platform as analysts draw features that indicate…

Bitcoin’s bullish momentum continues as it closes above a key support and resistance level. Analysts predict further upward movement for BTC after breaking through major resistance. Short sellers face pressure as negative funding rates fuel Bitcoin’s bullish trend. Bitcoin is demonstrating increased bullish pressure, which may be observed from its ability to break through significant…

Bitcoin and Ethereum see sharp rises in open interest, signaling increased trading. Solana’s price grows steadily despite minimal change in open interest or speculative trades. Ethereum’s climbing open interest aligns with its price gains, reflecting trader confidence. Bitcoin has seen a different degree of open interest (OI) activity alongside Ethereum (ETH) and Solana (SOL), according…

SEC stated that it regrets naming Binance’s crypto tokens as security in a court filing.  AXS, FIL, ATOM, SAND, and MANA are the alleged crypto tokens of the Binance exchange. SEC earlier alleged that Binance was operating as an unregistered exchange and dealer. The US Securities and Exchange Commission (SEC) escalated its action on Binance,…

Treasure DAO plans to migrate its gaming infrastructure from Arbitrum to ZKsync. The migration aims to better align with Treasure’s vision for decentralized gaming. MAGIC token holders will play a decisive role in approving the blockchain transition. Treasure DAO, renowned for its gaming projects on Arbitrum, recently announced a strategic proposal. The plan is to…

Bitcoin dominance dips as altcoins like Toncoin and DOGE show gains in mixed market trends. The overall crypto market contracts slightly despite Bitcoin’s continued strong performance. Altcoins outside the top ten, including Mao and Dimitra, post notable percentage gains. According to recent CryptoRank data, Bitcoin has stalled at over $58,000, proof that it did not…

MicroStrategy now holds 244,800 bitcoins after the recent $1.11 billion acquisition. Saylor’s MicroStrategy raised $2 billion to expand its Bitcoin holdings in August 2024. El Salvador’s Bitcoin investments now yield an unrealized profit of $84 million. MicroStrategy has increased its Bitcoin holdings again with 18,300 bitcoins for $1.11 billion. The new development brings its total…

Starknet’s new staking mechanism, approved with 98.94% support, launches in Q4 2024. Snapshot X governance vote highlights the need for broader Starknet community engagement. Starknet’s 0.13.2 update boosts transaction speed with parallel execution and block packing. Starknet has enhanced the network governance, and the decision-making process, including the proposal of a new staking mechanism. The…