82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows
Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that…
Bitcoin Ready To Break Trough $24K, Vital Signs Provide Clues
Bitcoin (BTC) has slowed recently, with price action relying on previously recovered support areas to continue its uptrend and outstanding performance since the beginning of the year. Lately, there have been more expectations of BTC breaking into…
Total Ethereum (ETH) Staked On Lido Finance Reaches New Milestone
Ever since Ethereum transitioned to a proof of stake (PoS) consensus mechanism, the popularity of liquid staking protocols such as Lido Finance and total ETH staked has increased over time. According to the latest update, the total ETH stake in one…
Decentralized ‘Twitter Killer’ Nostr Goes Live On Apple’s App Store
Nostr, an open protocol that promises to substitute centrally-controlled social networks such as Twitter, is now live on the Apple App Store with Damus.Decentralized social networking protocol Nostr is now officially live on Apple’s app store.Nostr…
Data Suggests Shark Were Behind Litecoin’s 89% Rise To $97, But What About Now?
Litecoin (LTC) has seen one of the highest rallies among the top 20 largest cryptocurrencies, jumping over 89% since the market crash following the FTX collapse. While there are a number of factors that could’ve prompted this news, on-chain data…
Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack
During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse…
Why It Could Be Disastrous For Crypto If The Fed Raises Interest Rates By 50 BPS
The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster” if the United…
Algorand Rises 30% As Founder Sneaks Into List Of Personalities To Watch In 2023
Algorand (ALGO) has benefited from the general sentiment in the crypto market as it records significant profits on high timeframes. The cryptocurrency has been upward since late 2022 and could be on track for further gains. As of this writing…
No Policy Pivot In Sight: “Higher For Longer” Rates On The Horizon
The market is nearly unanimous in expecting a 0.25% rate hike during February's FOMC meeting, yet many expect a “pause” shortly thereafter. We beg to differ.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's…
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals
Seven days ago, finder.com, a product comparison website, published a forecast report based on predictions from several crypto and fintech experts, predicting bitcoin’s year-end price for 2023. Following the bitcoin price prediction report…
Ordinals Project Launches Enabling NFTs Directly On Bitcoin
The controversial project has been met with equal parts excitement and criticism in regards to its impacts on Bitcoin.A project called Ordinals has launched on the Bitcoin blockchain, effectively enabling Bitcoin-native on-chain NFTs. Led by…
Polkadot (DOT) Price Moves Closer To Crucial Support, What’s Next?
The Polkadot (DOT) price started to note a fall on its daily chart after Bitcoin could not stay above the $24,000 price. Other significant altcoins followed suit with Bitcoin’s descent on its chart. Over the last 24 hours, DOT lost 3% of its…
Bitcoin mining advocate is going state-to-state to educate US lawmakers
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.
The AAVE price has recovered considerably since the beginning of the month. The coin was hovering around the $50 mark at the beginning of January and breached $90 very recently. It secured close to 70% appreciation. At the moment, AAVE is trading…
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1)…
Opinion: Have Brazil’s Lula and Argentina’s Fernandez heard of cryptocurrency?
Brazil’s Luiz Inácio Lula da Silva and Argentina’s Alberto Fernández want to create a “common currency.” It sounds suspiciously like a state-controlled cryptocurrency.
Dogecoin Gearing To Bounce Back Against Bitcoin – Does Doge Have The Energy?
A popular crypto trader, Bluntz, forecasted a significant price rally for Dogecoin against Bitcoin today. Bluntz tweeted to his followers that the DOGE/BTC trading pair is “gearing for a revenge pump for probably 100% or more.” Based on his chart…
Cronos Labs to accept second cohort for $100M-backed Web3 accelerator program
The program aims to provide selected projects with upfront seed funding of $30,000 in addition to mentoring, masterclasses and support from industry experts.
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the entities “is in the best…
Biggest Movers: DOGE Hits 8-Week High as Meme Coins Rally on Tuesday
Dogecoin climbed to an eight-week high on Jan. 31, as prices broke out of a key resistance level on Tuesday. The meme coin surged ahead following the release of the latest consumer confidence report in the United States. Shiba inu also moved…
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