Ripple is rising steadily above the $0.40 resistance zone against the US Dollar. XRP price could rise further if it clears the $0.410 resistance zone. Ripple is currently rising above the $0.40 resistance zone against the US dollar. The price is…
Litecoin Basks In Green As LTC Inches Closer To $100 Mark
Litecoin starts February on a lovely note, as the second oldest cryptocurrency is all aglow in green. According to CoinGecko, the token has risen 34% in the monthly time frame with gains also being made in the weekly charts. This shows a gradual…
India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’
India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly…
Ethereum Price Could Take-off If It Clears This Key Resistance Zone
Ethereum is attempting a fresh increase above the $1,580 resistance against the US Dollar. ETH could gain bullish momentum if it clears the $1,610 resistance zone. Ethereum is slowly moving higher from the $1,530 support zone. The price is now…
Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million
Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric…
Bitcoin Price At Risk of Downside Thrust Before Fresh Increase
Bitcoin price is rising and approaching a major hurdle at $23,250. BTC remains at a risk of more downsides before it could start a fresh increase to $25,000. Bitcoin is attempting a fresh increase above the $23,000 resistance zone. The price is…
Founder of $7.5M ‘brazen fraud scheme’ gets 8 years behind bars
Randall Crater was ordered to pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release.
BlackRock, a global investment company managing over $10 trillion of assets as of January 2022, has increased its stake in Silvergate Bank, a crypto-friendly bank, to 7.2%, according to a filing with the United States Securities and Exchange…
German Bank Managing Over $428 Billion In Assets To Offer Bitcoin and Crypto Services
DekaBank, a 105-year-old bank managing over $428 billion in assets, has signed a deal with Metaco to begin offering digital assets to institutions. DekaBank To Use Metaco’s Harmonize Details from a press release on January 31 state that DekaBank…
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.
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