OKX Wallet Introduces Staking Function For Bitcoin And BRC-20 Tokens
Cryptocurrency exchange OKX, has announced that its multichain wallet will now allow users to lock up and stake their Bitcoin (BTC) and BRC-20 tokens. This function is described as a token reward system for holders of Bitcoin and BRC-20 tokens. OKX…
Ethereum Monthly Burn Surpasses 146,000 ETH As Total Clears $6.5 Billion
Featuring Ethereum Improvement Proposal (EIP) 1559, the London hard fork introduced significant changes to Ethereum’s transaction fee mechanism. Users now pay a base fee that is subsequently burned, effectively removing ether from circulation…
Binance Burns $480 Million In BNB, Will Price Recover?
Binance, the world’s largest cryptocurrency exchange, just completed its quarterly BNB burn, destroying $480 million worth of its native BNB token. According to the company’s blog post, 1,991,854.33 BNB was recently burned in its 24th…
Bitcoin Has Broken This Open Interest Pattern, Quant Explains
A quant has explained how a pattern in the Bitcoin open interest that held during the past month now appears to be broken. Bitcoin Open Interest Is Now Moving Against The Price As explained by an analyst in a CryptoQuant post, the BTC price had…
Stellar (XLM) Surges Over 43% In One Week, What’s Pushing It?
While Bitcoin price recedes from the $30,000 support, payment solutions Stellar (XLM) and XRP continue riding the bullish wave, with Stellar (XLM) outranking top gainers today amid impressive ecosystem developments. Determined to break all barriers…
Litecoin Whales Purchase $59 Million Worth of LTC As Halving Event Approaches
In the latest development today, Litecoin whales appear to be accumulating huge amounts of LTC, which could be quite positive for the network, especially as its halving event approaches. In a tweet shared yesterday, July 18, by a crypto analyst…
Pre-Mined Ethereum Worth $116M Moves After 8 Years: Is A Major Price Dip Imminent?
A pre-mined stash of Ethereum, dormant for nearly eight years and now valued at roughly $116 million, has been moved abruptly. This transaction raises questions about potential market implications and whether it could trigger a notable price dip…
XRP Price Resumes Rally – Here’s Why It Could Surpass $1 This Time
Ripple’s token price is moving higher from $0.6650 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.8065 resistance zone. Ripple’s token price is moving higher toward the $0.8065 resistance against the US dollar. The…
Shiba Inu (SHIB) Prediction: 24% Price Rally Impending By Month End
The Shiba Inu price has established a promising uptrend in the 1-day chart since June 10, which could catapult the price 24% higher. However, SHIB investors should remain cautious, as NewsBTC reported a few days ago. A downward break of the said…
BNB Chain Unveils Beacon Update – What’s Its Bearing On Price?
BNB Chain, a distributed blockchain network upon which developers can build decentralized applications (DApps), has taken a remarkable stride forward by introducing updates for its Beacon Chain and the latest layer-2 opBNB. This announcement has…
Signal With Perfect Track Record Predicts Bitcoin Bull Market Parabola: Analyst
In a recent newsletter by renowned analyst CryptoCon, a groundbreaking indicator known as the “Bitcoin DXY correlation coefficient” has captured the attention of the community. This indicator, which measures the correlation between…
XRP Flexes Muscles: Ripple Token Unfazed By Crypto Turmoil With 68% Rally
A U.S. district judge decided that XRP was not a security after Ripple’s victory over the United States Securities and Exchange Commission; the token’s price has since surged sharply. Among the top 25 cryptocurrencies, the token native…
Ethereum Price Is Showing Early Signs of Fresh Increase, But This Resistance Is Key
Ethereum price is finding bids above the $1,875 support zone against the US Dollar. ETH could gain bullish momentum above the $1,940 resistance. Ethereum is holding the key support near $1,875. The price is trading below $1,920 and the 100-hourly…
Bitcoin price is attempting a fresh increase from $29,500. BTC could gain bullish momentum if it clears the $30,200 resistance zone in the near term. Bitcoin is slowly moving higher from the $29,500 level. The price is trading below $30,200 and the…
Avalanche, the smart contract platform for decentralized applications, witnessed remarkable growth in Q2 2023, driven by increased activity on the C-Chain- one of the three chains that make up the Avalanche network- and the launch of new subnets. …
Bitcoin’s Worst Performance Period Ever: Is the Bottom In Sight?
The ongoing bear market in Bitcoin is the longest in the network’s history, Glassnode data shows. According to trackers, the winter started on November 10, 2021, after prices peaked at over $69,000. As of July 18, 2023, BTC is trading at…
Chainlink Price Pattern Formation: What It Means For Its Price Action
In recent trading sessions, Chainlink (LINK) has exhibited a bullish trend. It experienced a significant rebound from its $5 support level and has since continued on an upward trajectory. Over the past week, LINK has surged more than 12%, although…
Why This Upcoming Event Is Bearish For Axie Infinity (AXS)
Axie Infinity (AXS) continues to be one of the top performers in the market even though the bear market trend. However, an upcoming token unlock event could put an end to the alt coin’s bullish trend given the amount of tokens involved. $21.7…
Ripple Dives Deeper Into Metaverse With $54 Million Investment In Futureverse
Futureverse, a metaverse infrastructure and content company, has received a $54 million investment round from Ripple and other investors to create an open, scalable, and interoperable infrastructure within the metaverse industry. The company plans…
Farouk Fatih Özer, the former CEO of the now-defunct crypto exchange Thodex, has been sentenced to seven months in jail. The executive was convicted for failing to submit the required documents to Turkey’s tax board. Thodex, which was once a…
ARK Invest CEO Says Firm Is Still Bullish On Coinbase Despite Selling COIN Stocks
Cathie Wood, the CEO of ARK Investment Management, has reaffirmed her bullish stance on Coinbase, one of the leading cryptocurrency exchanges, despite ARK’s recent sale of COIN stocks. Wood’s optimism comes in the wake of Ripple’s…
Litecoin Whales Deposit Big To Exchanges, Bearish Sign?
Data shows that Litecoin whales have deposited a large amount of the asset to exchanges during the past day, a sign that may be bearish for LTC. Litecoin Whales Have Made Significant Exchange Inflows In 24 Hours According to data from the…
XRP Overtakes Bitcoin In Highest Weekly Trading Volume Following Legal Triumph
XRP, the native token of the Ripple network, has reportedly surpassed Bitcoin in trading volume on the weekly average. The digital asset, following a significant legal win last week, now claims 21% of all cryptocurrency trade volume over the last…
Bitcoin’s Realized Cap Nears $400 Billion Despite Price Struggle At $30,000
Despite Bitcoin’s current struggle to surpass the $30,000 mark, data analytics firm Glassnode earlier today reported that the asset’s realized capitalization has since been on an upward trajectory, nearing the $400 billion mark. Bitcoin…
SUI Surges 11% In Just 24 Hours, Is It Still Worth Buying?
After the launch of the mainnet on May 3, the SUI token fell into a deep downtrend, which has caused the price to drop by more than 87%. Low user numbers and poor on-chain data have severely clouded the outlook. However, a few days ago, there was a…
Chainlink CCIP Goes Live On Mainnet, LINK Jumps By Nearly 10%
The Cross-Chain Interoperability Protocol (CCIP), designed for building cross-chain applications and services, has now launched for early access users on the Avalanche, Ethereum, Optimism, and Polygon blockchains. On July 20, the Chainlink protocol…
Over the last week, the XRP token has dominated the headlines following Ripple’s partial court victory over the United States Securities and Exchange Commission (SEC). On July 13, Judge Analisa Torres of the US District Court of the Southern…
This Under-The-Radar Coin Just Beat The Top 100 Cryptocurrencies With 120% Explosion
Cryptocurrencies and the gaming industry have a new contender in Rollbit, and it has been making headlines over the past few days thanks to a slew of improvements to its blockchain technology. In a recent development, Rollbit disclosed its most…
The Bitcoin price has fallen to the lower end of its almost one-month trading range between $29,800 and $31,300. Already yesterday, BTC briefly fell to as low as $29,704, only to recover to $30,306 within a few hours. At press time, BTC was again…
Elon Musk Fires Another Tweet – But Did It Lift Dogecoin Price?
Elon Musk has consistently proven to be a pivotal figure in cryptocurrencies, particularly Dogecoin (DOGE), his crypto of choice. His influence on DOGE has been nothing short of remarkable, with any mention or action from him causing significant…
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