BNB Price Could See Major Drawdown If It Fails To Stay Above This Support
BNB price started a fresh decline from $320 resistance zone. The price is now retesting the $290 support and is at risk of more downsides. BNB price is gaining bearish momentum from the $320 resistance. The price is now trading below $310 and the…
Number of Crypto Owners Globally Reached 580 Million in 2023, Report Shows
The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot…
Ethereum Price Plunge To $2K Imminent as Key Support Line Crumbles
Ethereum price extended losses and tested the $2,150 support. ETH is struggling to recover and might continue to move down toward the $2,000 support zone. Ethereum started a fresh decline below the $2,350 and $2,250 levels. The price is trading…
SEC Got SIM Swapped: How Hacker Gained Control of SEC’s X Account
The U.S. Securities and Exchange Commission (SEC) has admitted that a SIM swap attack compromised its X account, where a fake announcement about the approval of spot bitcoin exchange-traded funds (ETFs) was posted. “The unauthorized party…
Bitcoin Price At Risk? Grayscale’s $335M Coinbase Transfer Stirs $30,000 Plunge Potential
The Bitcoin price has experienced a notable shift as selling pressure mounts, with BTC bears gaining the upper hand. Asset manager Grayscale, the owner and manager of the Grayscale Bitcoin Trust (GBTC), is a significant contributor to this trend. …
Bitcoin Price Faces Crucial Test, Indicators Suggest Many Roadblocks To Recovery
Bitcoin price dived toward the $38,500 support zone. BTC is attempting a recovery wave and might struggle to climb above the $40,500 resistance. Bitcoin price extended its decline and tested the $38,500 support zone. The price is trading below…
Exploit On Polygon Contracts Extract $15M, Here Are The Details
The play-and-own mobile gaming platform GAMEE suffered an exploit of its GMEE token contracts on Polygon that led to the theft of 600 million GMEE tokens and left the crypto community pondering questions. GAMEE Confirms $15M Exploit On Polygon On…
Peter Schiff Says All Spot Bitcoin ETFs Are Now in Bear Markets — Warns of Deeper Losses
Gold bug and economist Peter Schiff has warned of deeper losses for spot bitcoin exchange-traded funds (ETFs), emphasizing that they are “now in bear markets.” Referencing the Proshares Bitcoin Strategy ETF which is down more than 50%…
Ethereum Whale Transfers Across Exchanges And DeFi, What Is Going On?
An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving…
Mad Money Host Jim Cramer Doubts Bitcoin Will Find Its Footing as Selloff Continues
Jim Cramer, the host of CNBC’s Mad Money show, has doubled down on his bearish bitcoin price outlook, predicting that the cryptocurrency will continue to struggle against the backdrop of a plummeting crypto market. “Unlikely that…
Bitcoin Evangelist Says Investors Will Be Crushed Expecting BTC At $30,000
In the midst of the tumultuous landscape of the price volatility of Bitcoin, a prominent figure stands out, exuding unwavering optimism amidst the chaos: Samson Mow, the self-proclaimed evangelist of the cryptocurrency. Recently transitioning from…
Ethereum Evening Star Could Mean Lights Out On Bull Run
Ethereum over the last several weeks finally began to gain some strength against Bitcoin and other top performing cryptocurrencies. But in the past few weeks, the upside has since been almost entirely erased. The up – then right back down – price…
Solana Dominates Ethereum, Bitcoin In NFT, Activity: What’s Next For SOL?
According to on-chain data from SolanaFloor, Solana is dominating other blockchains, including Ethereum and Polygon, across various non-fungible token (NFT) activity metrics in the third week of January. Solana Dominates Ethereum, Bitcoin In NFT…
Report: Ethereum and Solana Showcase Unique Market Dynamics in Recent Altcoin Trends
In the dynamic world of crypto markets, recent trends have illuminated intriguing divergences in the altcoin market, particularly between ethereum and solana, relative to bitcoin. A comprehensive report published by Glassnode, an onchain analytics…
Expert Analysis: Six Factors Suggest Bitcoin Price Won’t Drop Below $37,800
In the past month, the Bitcoin price has experienced a significant decline after reaching a 22-month high of $49,000. Currently, the largest cryptocurrency has fallen below the crucial $40,000 mark, raising concerns about the prospects of the…
The Promises and Perils of NFTs: An Excerpt From 'The Everything Token'
In their new book, Steve Kaczynski and Scott Duke Kominers discuss the ongoing challenges (and potential solutions) around diversity, regulation and decentralization facing the NFT ecosystem.
JPMorgan Sees Challenges Ahead for Crypto Market — Downgrades Coinbase Stock
Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF…
Analyst Says “Rapid Price Recovery” Is Likely For Bitcoin, Here’s Why
An analyst has explained that a Bitcoin price recovery may be highly likely based on this pattern forming in a metric. Bitcoin Coinbase Premium Gap Is Becoming Less Negative In a CryptoQuant Quicktake post, an analyst pointed out how the selling…
Iris Energy Boosts Bitcoin Mining Capacity to 6 EH/s, Eyes 20 EH/s Milestone by H2 2024
According to an announcement from the publicly-listed bitcoin miner Iris Energy, the mining operation has increased its operating capacity to 6 exahash per second (EH/s) and expects an additional 4 EH/s to be online by the first half of 2024. Iris…
Bitcoin Recovery: This Massive $500 Billion Investment Could Send Price Above $50,000
Previous speculation has resurfaced regarding one of the largest potential Bitcoin buy-ins in the history of cryptocurrency. According to crypto analyst Justin Verrengia, there are indications that Saudi Arabia and Qatar may be gearing up for an…
'Lord, You Told Me to Do This': Pastor Defends Taking $1.3M From Failed Crypto
Eli Regalado said God told him to start the INDXcoin project and he's waiting on further guidance after Colorado securities officials accused him of running a crypto scam.
Critical Bug in Ethereum’s Nethermind Client Highlights Risks of Low Client Diversity
A severe bug in the Nethermind Ethereum execution client has recently been uncovered, affecting 8% of Ethereum’s validators and reminding everyone of the necessity for greater client diversity in the Ethereum network. Critical Flaw in…
Crypto Analyst Reveals Top Altcoins To Buy Amid Market Slump
In a new video update, renowned crypto analyst Michael van der Poppe dissected the current dynamics of the crypto market, emphasizing the potential of select altcoins. VVan der Poppe’s analysis provides a strategic viewpoint for potential…
Tornado Cash Co-Founder Braces for Precedent-Setting Trial in US
Roman Storm, facing multiple federal charges related to his role in the creation of Tornado Cash, is bracing for a trial in the United States. Scheduled for September 2024, the trial could have far-reaching implications for the crypto industry and…
Bitcoin Long Positions Surge On Bitfinex: Whales Add 4,230 BTC, Signaling Potential Price Reversal
In a surprising turn of events, the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) has not yielded the anticipated immediate upside impact on the Bitcoin price. Contrary to expectations within the crypto community, BTC has experienced…
Bearish Sell Signal Triggers As Bitcoin Falls Below $39,000
Bitcoin price is struggling to stay above $39,000 per coin and as it sinks lower, an ominous bearish technical signal is triggering. Bitcoin Selloff Prompts Possible Change In Momentum Selling pressure driven by FTX’s estate dumping nearly $1…
Mt. Gox Moves Seemingly Closer to Bitcoin Repayments For 2014 Hack Victims
Some former customers of the crypto exchange have reported receiving an email asking for confirmation of identity and account details on the mtgoxinsolvency subreddit group.
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