Cryptotale

Bitcoin is forming its 4th base, with a projected price rise to $91,000 after consolidation. An analyst predicted Bitcoin’s price may reach $124,000 by late 2025 or early 2026. Technical patterns suggest strong bullish momentum as Bitcoin approaches key consolidation. Bitcoin is showing signs of a strong bullish trajectory for the upcoming cycle. A detailed…

Canary Capital seeks SEC approval for XRP ETF, offering an alternative to direct XRP. The ETF will track XRP’s value using the CME CF Ripple-Dollar Reference Rate benchmark. Canary Capital’s XRP ETF targets traditional brokerage accounts, simplifying access to XRP. Canary Capital Group LLC has submitted a registration with the U.S. Securities and Exchange Commission…

Dubai, UAE – The highly anticipated ABC Conclave 2024 will take place on 11-12, October 2024 at SO/ Uptown, Dubai, followed by an exclusive edition in Bangkok on 11-12, November 2024. As the premier event in Web3, AI, Gaming, and Blockchain, ABC Conclave will bring together industry leaders, global innovators, and key stakeholders to chart…

Peter Todd is revealed to be the ‘real’ Satoshi Nakamoto, the founder of Bitcoin. This revelation was pointed out in an HBO documentary released late on Tuesday. However, Todd refused the claims and stated that such news could expose him to criminals. Peter Todd is claimed to be the ‘real’ face behind Satoshi Nakamoto, the…

Asian crime syndicates have increased the use of technology to conduct large-scale frauds. Online gambling and digital currency platforms allow criminals to launder money very easily. Reports show a 600% rise in AI-driven crimes like deepfakes in Southeast Asia. A new report from the United Nations Office on Drugs and Crime (UNODC) revealed that crime…

JackTheRippler states that the Ripple lawsuit will settle within the 14-day appeal period. SEC lawyer Marc Fagel dismisses the statement, adding that it has no practical basis. Bill Morgan posits that the settlement seems doubtful despite being technically possible. The Ripple lawsuit, one of the most protracted high-profile cases in the crypto industry, has sparked…

Cardi B’s X account promoted the WAP memecoin, raising concerns about a possible hack. Blockchain firm PeckShield warned users to avoid engaging with links shared in the post. Despite concerns, the WAP token’s promo stayed on Cardi B’s account for over five hours. The official X account of the American rapper, Cardi B, supported the…

FTX’s approved repayment plan may potentially boost Bitcoin’s growth in Q4 2024. About 98% of FTX creditors receive roughly 119% of their claims’ value. Repayments to influence Bitcoin prices amid U.S. economic and regulatory changes. The cryptocurrency world is closely watching FTX’s progression through its bankruptcy repayment plan, particularly its potential impact on Bitcoin’s performance…

Binance to begin pre-market trading for Scroll’s native token SCR starting October 11. Users can farm SCR airdrops by staking BNB and FDUSD on Binance Launchpool from October 9. Pre-market trading for SCR is unavailable in regions like the U.S., Canada, Japan, & Spain. The crypto exchange Binance revealed on Tuesday that it would begin…

Bitcoin hit $64.4K before falling to $62K, with experts predicting a cycle top in 2025. Historical data shows Bitcoin’s next peak could arrive by May or September 2025. The analyst predicts Bitcoin’s future cycle top based on the 21 EMA and 55 MA indicators. Bitcoin’s price has experienced significant fluctuations in the last 24 hours,…

Ethereum faces critical $2,300 support level, risking a 30% drop to $1,600 if breached. 2.77 million addresses buy 52.65 million $ETH at the crucial $2,300 support level. ETH whale deposits 45,000 ETH to Kraken, adding selling pressure and weakening sentiment. Ethereum (ETH) is facing the decisive level at $2,300 after testing the significant support area….

Bitcoin is trending upward, but confirmation is needed to break the $61.6K resistance level. Crypto Rover suggests Bitcoin needs to stay above key support to reach $55K potentially. BTC’s price is influenced by the rising odds of pro-BTC candidate Trump in the U.S. election. The price of Bitcoin is indicating signs of a possible bullish…

China PBOC’s stimulus package sparked a rapid rise in stock indices, boosting confidence. Small cap and emerging markets in China surged, signaling renewed optimism. Analysts see China’s liquidity move as a positive sign for the cryptocurrency market. The shares of Chinese stocks have risen dramatically as a result of the latest monetary policy unveiled by…

AAVE and Uniswap lead Ethereum’s DeFi growth through decentralized lending and trading.   MATIC enhances Ethereum’s scalability by offering faster, cheaper Layer 2 transactions.   These projects solve critical issues in the Ethereum ecosystem, driving its continued success.   AAVE, Uniswap (UNI), and Polygon (MATIC) are among the main Ethereum projects that help maintain the ecosystem’s growth. They…

Nick Szabo to represent Bitcoin’s founder, Satoshi Nakamoto, in an upcoming HBO documentary. The American computer scientist is leading with 27.9%, followed by Len Sassaman at 14.0%. Szabo’s network Bit Gold never launched, but it was considered a forerunner to Bitcoin.  Nick Szabo will be named as the founder of Bitcoin in an upcoming documentary…

An early SHIB whale sold $17.5M NEIROETH for $1.22M, taking a 55% loss of $1.49M. The whale bought 841.6M $NEIRO, bringing total holdings to 3.85B, with a $2.67M profit. The entity made a $1.13M profit from holding FET but faces a $10M loss from SHIB trades. One of the first major holders of Shiba Inu…

India’s biggest crypto exchange WazirX hit by a cyberattack with over Rs 2,000 crore stolen. The prime regulatory bodies FIU, IB, and CERT-In actively probe WazirX for the $234m crypto theft. Soon after the attack, hackers began laundering stolen funds using Tornado Cash. In a dramatic twist for India’s crypto scene, WazirX, one of the…

Crypto.com enters into a strategic partnership with 21.co, the parent company of 21Shares. The partnership intends to provide Bitcoin liquidity for 21.co Wrapped Bitcoin (21BTC) customers. The alliance provides liquidity support for 21.co’s ETPs, with 21BTC as the initial focus. The Singapore-based crypto exchange Crypto.com has initiated a strategic alliance with 21.co, the parent company…

Crypto investment products saw $147M outflows last week, ending a streak of steady inflows. Bitcoin led with $159M outflows, while short-bitcoin products gained $2.8M in fresh inflows. Multi-asset products saw $29M inflows, marking their 16th consecutive week of growth. The cryptocurrency investment products experienced a reversal last week, with investors pulling out $147 million after…

Worldcoin has decided to shift its operational focus from Europe to Asia amid challenges. Europe has tightened its GDPR scrutiny after suspension of Worldcoin’s biometric scans. The AI based project is going to announce new Orb updates and partnerships on October 17. Worldcoin, the project co-founded by Sam Altman, is pulling back from Europe and…

Bitcoin gained 2.5% in Q3 2024, despite market pressures from creditor distributions. BTC’s year-to-date growth of 49.2% outperformed other major asset classes in 2024. The crypto’s correlation with U.S. equities rose to 0.46, offering diversification benefits. Bitcoin has remained the top-performing asset in 2024, despite facing challenges during the third quarter. According to a report…

SHIB’s burn rate surged by 544.55%, removing 5.16 million tokens from circulation. Over 410.7 trillion Shiba Inu (SHIB) burned, leaving 583.5 trillion tokens in circulation. Strong community involvement and token burns signal positive growth for SHIB’s ecosystem. The Shiba Inu token (SHIB) has kicked off the week in style, with every key metric pointing in…

Telegram launches the Gifts feature to allow users to send custom animations to friends. The Gifts can be converted into Telegram’s virtual currency, Stars, and even into NFTs. With future updates, users can auction & trade these tokenized gifts on third-party platforms. Telegram has launched a game-changing feature dubbed “Gifts,” which allows users to send…

SEC’s appeal extends Ripple’s case, offering institutions cheaper XRP buying opportunities. Retail fear sparks XRP sell-off, while institutions accumulate at discounted prices. Ripple’s global adoption grows despite ongoing SEC legal challenges in the U.S. The ongoing lawsuit between Ripple and the SEC has generated risks and opportunities and created a lot of turbulence in the…

Bitcoin trades above $63K, with market capitalization increasing to $2.33T overall. Bitcoin dominance rises to 53.88% as major cryptos like DOGE and SOL post gains. Altcoins surge, led by Pochita’s 211% increase, as smaller tokens see strong growth. The cryptocurrency market is showing positive movement, with the top firms in the green and several tokens…

Cape Town, South Africa – On 11 October 2024, the DHL Stadium will host Crypto Fest 2024, one of the most anticipated South African Web3 events of the year. This event will highlight Bitcoin adoption, crypto payments, and the growing regulatory landscape across Africa, emphasising both the benefits and challenges of using cryptocurrency for payments….

Memecoins tied to U.S. election figures see sharp price and volume increases in 24 hours. MAGA coin leads with a 27.65% rise, driven by political speculation and market interest. BODEN and KAMA also surged, reflecting heightened interest in politically themed tokens. Over the last day, several memecoins tied to the US elections have seen their…

Bitcoin price remains stable at $62K, while liquidation levels are near $66,200. An analyst predicts a short squeeze as $10B in liquidations are expected. Bitcoin could surge to $70K if liquidation levels trigger a short squeeze near $66,200. Bitcoin’s price remained stable over the weekend, settling at around $62,000. However, an analyst MartyParty, has identified…

A new Ethereum Improvement Proposal (EIP) to increase overall throughput by 50%. The EIP 7781 will reduce block times by 33% and increase the blobs’ capacity to 9 per block. Further, the improved proposal would enhance the distribution of bandwidth usage. The Ethereum blockchain introduced a new Ethereum Improvement Proposal (EIP-7781) to improve the network’s…

DOGE could be gearing up for a bull run after a 65% pullback, following historical patterns. WIF faces strong resistance at $2.67, with a potential decline if it fails to break out. Analysts predict major market shifts for both DOGE and WIF based on technical patterns. Dogecoin ($DOGE) and dogwifhat ($WIF) are two tokens currently…

Meme coins have become a major part in the growing world of cryptocurrency and have managed to attract the interest of investors and meme enthusiasts alike. Last few weeks saw a lot of meme coins, such as MOG, POPCAT, WIF, PEPE and BONK reach the top. Let’s take a closer look at how these top…

The cryptocurrency community is slowly gaining traction in the global market, raising concern for several governments. The assets, known for their decentralized nature, pose a threat to many. Although some have accepted the trade by imposing a few regulations, a few have banned it in their country.  In recent years, the policies and regulations have…

Token unlocks are a major event for any cryptocurrency, as they inject new coins into the market. The sudden release of a bulk of tokens has the potential to alter price trends. This week, ADA, EIGEN, ENA, OP, and APT are about to experience token unlocks. This article discusses the performance of each token, their…

September’s US jobs report shows a decline in the unemployment rate and an addition of 254 payrolls. Experts anticipate that the Fed may consider a moderate 25 bps interest rate cut. Analysts expect crypto market volatility following the Fed’s interest rate decision. The robust September US jobs report has sparked discussions on its impact on…

Altseason is expected to begin in Q4, with altcoins set to outperform Bitcoin soon. Chart trends show strong support levels, with resistance around the $12-$14 trillion range. Historical data suggests altcoins may soon outperform Bitcoin as investor focus shifts. The crypto experts believe that the long-anticipated ‘Altseason’ is expected to begin in the last quarter…

Bitcoin holds above $62K with 53.89% dominance, boosting confidence in the crypto market. Total crypto market cap hits $2.28T, though the Fear & Greed Index still signals caution.  Smaller tokens like Fu and Morphware surged amid Bitcoin’s strong performance.  The cryptocurrency market is showing continued positive momentum, with Bitcoin climbing past $62,000. As per insights…

Bitcoin trades below short-term holder’s realized price, risking potential sell-offs. Analysts predict a key $63K level for short-term holders to either sell or push upward. Bull flag formation suggests potential Bitcoin breakout to $120K, despite current risks. Bitcoin’s price fluctuations are receiving increased attention from such analysts as key technical levels come into play. Recent…

Solana (SOL) shows breakout potential, with key targets at $148.058 and $161.97.  Analyst believes Solana may outperform Ethereum, though not with the same explosive growth. Whale accumulation and short liquidations suggest Solana is on the verge of a bullish breakout. Solana (SOL) indicates some form of possible breakout, as seen through price action and whale…

The CEO of cryptocurrency platform IcomTech, David Carmona, gets 10 years in prison. Carmona promised 1% daily returns on investments, targeting working-class people. After his 121 months jail term, Carmona will undergo three years of supervised release. David Carmona, the founder of IcomTech, was sentenced to 10 years in jail for mishandling the funds of…

Ripple struggles under selling pressure as the $0.65 resistance level blocks further gains. Breaking below the ascending wedge, XRP signals a bearish trend, targeting lower support zones. Investors focus on the crucial $0.50 support, with bearish momentum intensifying in XRP markets. XRP has been under immense selling pressure after sharp rejection at the important $0.65…

Social media has become an integral part of our daily lives, and we often spend hours on them. But traditional platforms are filled with various issues, such as centralized control, censorship, privacy, and more. Furthermore, they profit from user data, all the while offering a limited amount of control over data for users and content…

Magic Eden launches an exclusive Captain Laserhawk NFT collection with Ubisioft. The limited edition series of 10,000 NFTs will be linked to Ubisoft’s Web3 game. The NFTs will provide players early access to the game, apart from other benefits. Magic Eden launched an exclusive Captain Laserhawk NFT collection on Friday. In collaboration with Ubisoft, the…

Coinbase will delist unauthorized stablecoins from its European platform by December 2024. MiCA regulations require stablecoin issuers to get EU e-money approval to operate. Coinbase will provide options for users to convert to compliant stablecoins like USDC. Coinbase has announced that all stablecoins that do not meet its regulatory requirements will be delisted in the…

The IMF has urged El Salvador to strengthen its Bitcoin policies and overhaul regulations. The financial agency cites concerns over financial integrity and stability. The agency insists the country abandon Bitcoin and adopt the traditional financial system. The International Monetary Fund (IMF) has once again urged El Salvador to reconsider its Bitcoin policies. In a…

DOGE whales added over 1 billion DOGE in 24 hours, bringing their total to 30.87 billion. DOGE’s price saw a 3.32% increase in 24 hours despite recent whale buying activity. Whale wallets holding 100M to 1B DOGE grew their holdings amid price volatility. In the last 24 hours, Dogecoin (DOGE) has seen an increase in…

Egrag predicts that XRP could potentially hit a price range of $2.30 to $5.89 in this cycle. After the SEC appeal, XRP may rebound to the $5-$6 range, following past recovery trends. If BTC reaches $100K, XRP is projected to climb to $2.88, signaling strong potential gains. The current cycle of XRP may bring its…

Shiba Eternity Web3 Beta is officially live, offering a fresh experience for NFT holders. Major bugs were fixed & new features were added to enhance gameplay & user experience. October brings tournaments and an in-game shop, boosting rewards and fun for players. The much-anticipated Shiba Eternity Web3 Beta has finally launched, offering fans, Shiboshi Sheboshi,…

XRP declined but closed indecisively as traders looked for signs of a reversal. Traders expect continued volatility, tracking intraday charts for the next potential trade. XRP needs a move above $0.5500 to initiate a rally, though SEC tensions add uncertainty. XRP experienced significant price fluctuations as the market remained uncertain due to the ongoing SEC…

Solana faces a continued price decline, dropping to $134.92 with bearish market sentiment. Concerns over Solana’s centralization spark debates on Solana’s governance and security. Declining DApp usage impacts Solana, raising doubts on its market stability. Solana (SOL) has remained bearish as the cryptocurrency faces a significant price decline. At press time, Solana’s price is $134.92…

“Uptober” experiences a decline as crypto traders grow more bearish on October’s prospects. Bitcoin dips below $60K, but historical October data hints at possible mid-month recovery. The crypto market loses $200B in October, highlighting waning optimism among investors. The use of the term “Uptober” has decreased in early October, suggesting a bearish sentiment among crypto…