Bitcoin Miners Reap Profits As Mining Difficulty Hits 3-Month Low
Bitcoin miners have received a boost in profits after the scheduled difficulty level adjustment resulted in a positive balance. This is the first time since February that the difficulty, which controls the issuance of coins on the network, has…
BRC-20 Token Standard A Hotspot For New Memecoins As PEPE Soars
The memecoin ecosystem has once again brought magic to crypto investors as PEPE the frog records massive gains and unbelievable numbers. The now popular PEPE meme token based on Ethereum was originally inspired by the Bitcoin BRC-20 PEPE which…
Study: Shiba Inu (SHIB) Is More Of A Successful Memecoin Than PEPE and DOGE
Regarding meme coins, there is no denying that Shiba Inu (SHIB) has been one of the most talked-about tokens in recent times. Its success is partly due to its captivating name and adorable mascot, which has been a hit with social media users. …
Bitcoin Breaks Out: Experts Predict $36,000 Target As Market Outlook Remains Positive
Bitcoin (BTC), the world’s largest cryptocurrency, could be set for a significant price surge in the coming weeks, according to experts at Matrixport, a leading provider of cryptocurrency financial services. The company has projected a target…
Former DoJ Kennedy Jr, Laments on Global Financial Censorship, Shows Support For Bitcoin
The former US Department of Justice Attorney General Robert Francis Kennedy Jr, recently lamented the growing financial censorship worldwide and showed support for Bitcoin. The financial censorship of political enemies is something we’re used to…
Pro-XRP Lawyer Castigates The SEC’s Argument Saying It’s Unfounded And Absurd
Pro-XRP lawyer representing thousands of XRP holders as Amicus Curiae has slammed the US SEC’s position in the ongoing Ripple lawsuit. In a tweet, John Deaton claims the SEC undermined its once credible case by quoting an unrelated legal…
Coinbase Q1 Report: Net Revenue Skyrockets 22% Quarter-Over-Quarter
Coinbase, one of the leading cryptocurrency exchanges, has reported impressive results for the first quarter of 2023. The company’s efforts toward building a more efficient and financially disciplined business have started to pay off. Despite…
PEPE Market Cap Crosses $1 Billion As Gemini Listing Rumors Spread
Crypto Twitter’s favorite new meme coin Pepecoin (PEPE) has hit another milestone. With an impressive rally over the last 24 hours, the coin crossed the $1 billion market cap mark and has now solidified its position as a top 100 cryptocurrency. But…
Ripple Could Gain A New Ally Against The SEC, BitBoy
Crypto influencer Ben Amstrong, alias Bitboy, has dropped a hint regarding the ongoing XRP lawsuit. The influencer asserted that Ripple and XRP could get a new ally in the ongoing SEC lawsuit. Following Bitboy’s assertion, the potential ally is the…
Stacks (STX) Stumbles As Bulls Fail To Remain Intact
On March 20, 2023, Stacks (STX) hit an all-time high of $1.30. But the price declined below the $1 mark on March 25 as the bears increased momentum. The asset has remained under the mark from March until May 5. The 4-hour time frame chart today…
Mystery Wallet Burns 1.69 Billion Shiba Inu, Will It Result In Price Bump?
An unidentified Shiba Inu wallet holder burnt about 1.69 billion SHIB in a single transaction. This burn event caused the overall SHIB burn rate to increase by 38,986.28%, exceeding yesterday’s burn rate of 1.34 million SHIB. SHIB burn events…
4 Reasons To Be Bullish On Bitcoin In Short-And Mid-Term
The Bitcoin price continues to consolidate within the trading range between $27,800 and $30,000. Even though the buy side currently seems to have lost momentum and the bears feel in control, there are numerous good arguments why the Bitcoin price…
BREAKING: Binance Lists PEPE And FLOKI In Innovation Zone
Meme coins PEPE and FLOKI are finally making their way onto Binance after an impressive run. Both communities have in the past called for the crypto behemoth to list the tokens but the exchange has been quiet about possible listings, until now…
Arbitrum (ARB): Is A Major Price Rally Coming Now?
Ethereum’s layer-2 blockchain Arbitrum is facing a pivotal moment: will it break out of the descending triangle (in the 4-hour chart) or will it see an even deeper correction in the coming days. As NewsBTC reported, Arbitrum’s on-chain…
Cardano Launches First Hydra Head For L2 Scaling, But Why Is ADA Dropping?
The first Cardano Hydra Head is now live on the mainnet, but this is not preventing bears from pinning down ADA, the native currency of Cardano, going by its performance on the daily chart. Scaling Cardano Using Hydra Heads According to Cardano…
Cardano TVL Climbs By 10% In A Day – Is ADA Set To Soar Once Again?
Cardano (ADA) was at the peak of its performance in 2022, boasting an all-time high Total Value Locked of over $400. However, since then, the cryptocurrency’s value has fluctuated. But recent data from Artemis shows that Cardano’s TVL…
Pepe Shakes Off CZ’s Controversial Views On Meme Coins, Shoots Up 709%
Pepe Coin has emerged victorious in the battle against skepticism and doubt, with an incredible rally that left even its harshest critics astounded. Despite the naysayers, including Changpeng “CZ” Zhao, the CEO of Binance, who openly…
Tron Price Prediction: TRX Outperforms Bitcoin, Aims $0.075
Tron price is up over 5% and showing positive signs above $0.068 against the US Dollar. TRX outperformed Bitcoin and rise further towards $0.075. Tron is trading in a positive zone above the $0.0680 pivot level against the US dollar. The price is…
Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key
Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH could surge toward $2,000 or $2,050 if it clears the $1,920 resistance. Ethereum is moving higher toward the $2,000 resistance. The price is trading above $1,880…
Bitcoin Price Prints Bullish Technical Pattern, Why Close Above $30K Is Critical
Bitcoin price is rising steadily above $29,000. BTC could start a strong upward move if there is a close above the $30,000 resistance. Bitcoin is showing positive signs and rising toward the $30,000 resistance zone. The price is trading above…
From $27 to $4M: Pepe Wallet Unable To Sell Unstoppable Rally
Pepe is the hot new meme coin that everyone can’t stop talking about. The enormous climb in value in a short time is responsible for all the chatter. One particular whale turned $27 into more than $4M. Yet, according to the cryptocurrency…
Bitcoin On-Chain Transactions Reach New Heights, What’s Fueling the Surge?
The number of daily Bitcoin (BTC) transactions on the blockchain has risen, reaching an all-time high of 682,000 on May 1st. Rafael Schultze-Kraft, one of the founders of Glassnode, has suggested that this increase in transaction volume is likely…
Pro-XRP Attorney Shares Information That Could Be Bullish For Ripple
In a new development, a pro-XRP attorney has shared some startling information that could point toward victory for Ripple in its ongoing securities battle against the United States Securities and Exchange Commission (SEC). This ruling in another…
Ethereum Transaction Fees Hit May 2022 Highs, What This Means For ETH?
Ethereum transaction fees are once again hitting highs last seen since May 2022. This development has raised concerns about the impact on the Ethereum network usage and its native cryptocurrency, ETH. Ethereum, the second-largest crypto by market…
By The Numbers: How Much You Have To Invest To Become A Memecoin Millionaire
The total market capitalization for the memecoin sector reached $19 billion in the past weeks; the launch of PEPE, WOJAK, and others have attracted new participants to the market. As a result, these assets have experienced a massive surge in value…
Bitcoin Mega Whales Are Moving Opposite To Rest Of Market: Glassnode
On-chain data from Glassnode shows the largest Bitcoin whales have been showing the opposite behavior to what other investors have been doing. Bitcoin Market Is Observing A Moderate Distribution Phase Currently According to data from the on-chain…
US Regional Bank Failures Trigger Bitcoin Surge, $30,000 Level In Sight
Bitcoin (BTC) is on the verge of reaching the $30,000 milestone, but regional banks in the United States face significant anxiety and fear. Investors are concerned about the potential for contagion following the recent struggles of PacWest, a…
SUI Gets A Bear Introduction On Day 2, Will Sell Pressure Continue?
Yesterday marked a new dawn in the crypto industry as the SUI Layer 1 blockchain launched on Mainnet with its hyped native token SUI. The news of the token launch on major exchanges brought excitement to the crypto community, and SUI did not…
Polkadot (DOT) Under Sell Pressure As Bears Retaliate
Over the last week, Polkadot (DOT) has had trouble gaining traction, falling by 8.41% from April 30 to May 4. However, the price is trading sideways and there might be a modest recovery next week as investors take advantage of this dip to acquire…
Coinbase And Ripple CLOs Meet, Will XRP Listing Follow?
A new tweet by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculations in the crypto community. The CLO expressed his appreciation to Ripple’s General Counsel, Stuart Alderoty, for their meeting, stating they…
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