Binance Assigns Monitoring Tag to Privacy Coins, Including Monero and Zcash
Binance, the largest cryptocurrency exchange, has recently announced that it will start monitoring ten new projects, including privacy blockchains like Monero, Firo, Mobilecoin, and Zcash. Binance reported that these projects might be delisted in…
Arbitrum (ARB) Rise: Daily DEX Volume Surges, Outpacing Ethereum By $400 Million
Arbitrum, a prominent Layer-2 (L2) scaling solution, has been on a remarkable upward trajectory since the launch of its native token, ARB, in March 2023. The past 30 days witnessed a staggering 74% surge in ARB’s value, underscoring the…
Trading Guru John Bollinger Forecasts Bitcoin Breakout, $50,000 On The Horizon?
John Bollinger, a legendary Bitcoin (BTC) trader known for creating the Bollinger Bands strategy, has recently shared an optimistic view on Bitcoin’s future. Bitcoin Poised For Further Surge? In a post on X, John suggest that Bitcoin’s…
Asset Manager Vaneck Pledges to Donate 5% of Spot Bitcoin ETF Profits to Bitcoin Core Developers for 10 Years
Asset management firm Vaneck has pledged to donate 5% of its spot bitcoin exchange-traded fund (ETF) profits to support Bitcoin Core developers for at least 10 years. The company is currently awaiting approval from the U.S. Securities and Exchange…
Bitcoin Price Forecast: Analysts Caution Against Missing Out As BTC May Surge To $500k With ETF Launch
As the Bitcoin price has regained previously lost territory, following reports suggesting that the US Securities and Exchange Commission (SEC) would reject the long-awaited Bitcoin spot exchange-traded funds (ETFs), new developments have reignited…
New Year, New Record — Bitcoin’s Difficulty Rises 1.65% in First 2024 Retarget
Bitcoin’s network difficulty experienced its first increase of 2024 on Jan. 5, at block height 824,544, rising 1.65% to an unprecedented network peak of 73.2 trillion. This inaugural adjustment of the year succeeds the 27 dynamic shifts…
Whale Watch: Bitcoin’s $100,000 Transactions Soar, More Surge Ahead?
The Bitcoin (BTC) network has experienced a significant uptick in high-value transactions, a phenomenon not seen in nearly two years. Crypto analyst Ali has highlighted this trend, noting 16,900 transactions, each exceeding $100,000. This surge is…
‘Blockchain Basics Act’ Introduced in Missouri Takes the Bitcoin Regulation Battle to State Level
The Blockchain Basics Act, introduced recently into the Missouri State House, seeks to guarantee crypto-related rights, including self-custody, transacting, mining, and staking, to the state’s people. Proposed by Rep. Phil Christofanelli, the…
Bitcoin “Outlook Remains Bullish,” As Long As This Stays True: Analyst
An analyst has explained that the outlook for Bitcoin should remain bullish as long as the cryptocurrency’s price remains above this level. Bitcoin Has Strong On-Chain Support Above $41,800 In a new post on X, analyst Ali talked about the…
Solana Co-Founder: The Blockchain Doesn’t Need Layer-2s Like Ethereum
Solana co-founder Anatoly Yakovenko has expressed confidence that their blockchain can handle the growing demand for decentralized applications (dapps) without needing layer-2 solutions like those employed by Ethereum. Solana Doesn’t Need…
The bankrupt cryptocurrency lender Celsius Network announced its plan to unstake significant holdings of ethereum to facilitate asset distribution to its creditors. This move is part of the firm’s ongoing efforts to restructure and resolve…
The Nasdaq has submitted an amendment for BlackRock and Valkyrie's Spot Bitcoin Exchange-Traded Fund (ETF) 19b-4 filings, inching closer to the looming approval deadline this coming Wednesday. The amendment filing…
New Report Predicts When The XRP Price Will Cross $1.56
A recent crypto report has delved into the XRP price, forecasting the cryptocurrency to surpass the $1 peg in 2024. The report also included predictions for the cryptocurrency’s pricing over the next few decades. 2024 Monthly Prediction Popular…
Spot Bitcoin ETF Applicants Clear Key Hurdle on Path to SEC Approval
In a significant stride towards the potential approval of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, applicants have overcome a pivotal hurdle, marking a crucial milestone in their quest for regulatory approval from the U.S…
dYdX Founder Skeptical Of Current Bull Run, Cites Low Participation
Taking to X on January 5, Antonio Juliano, the founder of dYdX, a decentralized exchange (DEX), expressed skepticism regarding the current crypto bull run. Juliano attributed the recent price surge to “light trading volumes.” This…
Experts Weigh in on Bitcoin ETF Approval As Sell-the-News Event
As the SEC’s decision on bitcoin ETFs looms, market participants prepare for market impact. Analysts reflect on the possibility of a “buy the rumor, sell the news” situation. A Bitcoin ETF Approval Could Trigger Major Market…
The Bitcoin price saw a spike in volatility due to the decision around the spot Exchange Traded Fund (ETF). Market participants await an announcement at any point during the upcoming days, which will likely result in further spikes in volatility…
Arthur Hayes Foresees 30% Bitcoin Crash Amid 'Vicious Washout.' Here's Why
Depletion of the Fed's reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, Maelstrom CIO Arthur Hayes said.
Shiba Inu’s Shibarium Hit Major Milestone Amid Rapid Network Recovery
The Shiba Inu Layer 2 Shibarium network is recovering once again after the festivities of the holidays have died down. This time around, the layer 2 network is celebrating a major milestone after a couple of months of impressive outperformance…
U.S. SEC Seeks to Leverage Terraform Win in Coinbase, Binance Disputes
The U.S. Securities and Exchange Commission (SEC) has been blowing a horn in its various legal clashes with crypto exchanges, asking courts to see how its recent win in the Terraform Labs dispute should convince other judges that the regulator is…
Decentralized Exchanges Near Trillion-Dollar Milestone: A Year of Record Volumes
Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $132.26 billion…
Ethereum Price Crash Looming? Celsius To Unstake $465 Million ETH
Celsius Network, the bankrupt cryptocurrency lending company, is gearing up to unstake approximately $465 million worth of Ethereum (ETH) as part of its efforts to compensate creditors. This development follows the company’s bankruptcy filing…
I have a feeling that I am going to be writing a lot on this topic in general for the foreseeable future, but the philosophical and existential crisis currently confronting the Bitcoin space over what constitutes “spam” is starting to have massive…
Why This Analyst Thinks It’s Impossible For The Bitcoin ETF To Be Priced In
On a high note, the crypto market starts in 2024, with BTC’s price rising steadily from $41,000 to around $46,000 as the Bitcoin ETF decision looms. The upcoming decisions by the U.S. Securities and Exchange Commission (SEC) on the BTC spot…
VanEck Commits to Donating 5% of Spot ETF Profits Over a Decade to Bitcoin Core Developers
In a significant move showcasing dedication to the broader Bitcoin ecosystem, VanEck, a notable investment management firm, has pledged to allocate 5% of profits generated from their Spot Exchange-Traded Fund (ETF), if approved by the SEC, towards…
High Fees vs. "High Fees": How I Learned To Stop Worrying And Love The Mempool
The recent surge in Bitcoin's on-chain fees has reignited a familiar discussion within our community, bringing to the surface diverse perspectives on the implications and root causes of this trend. A faction within the community views these…
South Korean Tax Accountant: Digital Assets Held in Non-Custodial Wallets Not Subject to Overseas Reporting Requirement
South Koreans with digital assets held in non-custodial or decentralized crypto wallets like Metamask or Ledger are reportedly not subject to the country’s overseas financial account reporting requirement. According to a South Korean tax…
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