Bitcoin analysts look to November as price action looks to mirror past cycles
Bitcoin’s months of sideways action have been uncannily similar to the previous two BTC market cycles, which saw a pivot in November leading up to a halving event.
XRP Price Prediction – A Plunge To $0.45 On The Horizon, Here’s Why
XRP price started a fresh decline from the $0.550 resistance against the US Dollar. It could accelerate lower and revisit the $0.45 support. Ripple’s token price is declining from the 0.550 resistance against the US dollar. The price is now trading…
Ethereum Price Grinds Lower And It’s Vulnerable to a Drop Below $1,500
Ethereum price struggled to clear $1,660 and reacted to the downside against the US dollar. ETH remains at risk of more losses if it breaks the $1,550 support. Ethereum resumed its decline and retested the $1,550 support. The price is trading below…
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for…
Bitcoin Price Holds Strong At $27,200 But Can BTC Clear This Hurdle?
Bitcoin price failed to clear the $28,500 resistance and corrected lower. BTC retested the $27,250 support and is currently attempting a fresh increase. Bitcoin is holding gains and still consolidating above the $27,250 zone. The price is trading…
FTX hacker could be using SBF trial as a smokescreen: CertiK
The still-unidentified FTX hackers started ramping up their movement of stolen funds in recent weeks, potentially using media attention of the trial as a cover to hide the illicit activity.
Analyst Warns of US Dollar Collapse, Predicts Bitcoin Owners to Benefit
Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 central…
XRP Is A Better Buy Now Than H1 2023: What’s Keeping Prices Low?
Edward Farina, the founder and CEO of various crypto-focused initiatives, is confident that XRP is a better “investment” in early October than it was before July when the United States Securities and Exchange Commission (SEC) claimed…
Bitcoiner drops BitVM paper — bringing Ethereum-like contracts to Bitcoin
The author of the white paper, Robin Linus, based BitVM’s architecture on Ethereum’s optimistic rollups with fraud proofs and recent Merkle tree developments.
UK Regulator Issues 146 Crypto Alerts Within 24 Hours
British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines…
Solana Outshines Bitcoin? A Dive Into Last Week’s Crypto Asset Inflows
Last week marked a noteworthy surge for Solana in inflows, leading the pack in altcoin investment interests and outshining Bitcoin. Solana’s recent performance particularly placed it in the spotlight as it amassed roughly $24 million, the…
Top 5 Altcoins For October 2023 That Could 20X Your Crypto Portfolio
By now, Bitcoin has grown to the point where crypto investors do not expect very large returns from it and are now looking toward altcoins that could provide the kind of returns they seek. However, with thousands of altcoins circulating in the…
Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of…
Bitcoin Halving Is 200 Days Away, This Happens Every Time: Is It Time To Doubledown?
Bitcoin is 200 days before halving, a supply shock that historical patterns show that prices tend to rally, even clearing previous all-time highs once it happens. In a price chart shared by the “thescalpingpro” on X on October 9, the…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe…
Pro-crypto RFK Jr. leaves Democrats to campaign for U.S. president as independent
Robert F. Kennedy Jr. is starting his presidential candidacy as an independent with a strong showing of 19%, according to the super PAC supporting him. That’s far behind Biden and Trump.
Brazilian securities regulator plans sandbox for tokenization in 2024
Daniel Maeda with Brazil's CVM said during Rio Innovation Week the regulator plans to explore a regulatory sandbox for use cases of tokenization potentially starting in 2024.
Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project
The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators.
Bitcoin And XRP Set To Shine: Shock $8 Trillion Predicted Amid US Dollar ‘Collapse’
Despite initial expectations of a robust rally, major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and XRP have encountered a slowdown in momentum following a promising start in 2023. However, a prominent tech company’s leaked disclosure…
The Big Deal with BitVM: Arbitrary Computation Now Possible on Bitcoin Without a Fork
Fear the wizards. Not those wizards, real wizards. Announced today by developer Robin Linus of ZeroSync, an association founded to help scale Bitcoin by using zero-knowledge proofs, BitVM is a proposal that opens very interesting doors for…
Prosecutors Seek to Exclude AI Startup Anthropic’s Valuation From Bankman-Fried Trial
Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are…
These Bullish Factors Prove XRP Price Rally Is Not Over Yet
The XRP price has retraced a good portion of its gains following its surge above $0.54 last week. Naturally, this could signal that the end is in sight for an XRP rally but this is not necessarily the case when you look at the altcoin’s metrics and…
Michael Lewis' new book puts a positive spin on Sam Bankman-Fried
Michael Lewis painted an overwhelmingly positive picture of former FTX CEO Sam Bankman-Fried in his new book, "Going Infinite: The Rise and Fall of a New Tycoon."
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