Solana DEX Jupiter's JUP Token to Debut With 1.35B Circulating Supply
The JUP-USD perpetual traded at 65 cents on Aevo at press time, implying a market capitalization of $700 million at the inception.
Posts published on January 30, 2024 go to media archive 1/3
Bitcoin Bulls Keep Pushing, Why Increase Isn’t Over Yet
Bitcoin price is attempting a fresh increase above the $42,500 resistance. BTC is showing bullish signs and might rally further above the $43,800 resistance. Bitcoin price is consolidating gains above the $42,500 resistance zone. The price is…
BRICS Meeting: Iran Pushes for Common Currency — China, Russia Prioritize Settlements in Local Currencies
The first BRICS sherpa meeting with 10 member states has kicked off in Russia with representatives from Brazil, Russia, India, China, South Africa, Saudi Arabia, the United Arab Emirates, Iran, Egypt, and Ethiopia. China, Russia, and Iran are all…
Bitcoin ETFs Experience Day 12 Reversal, GBTC Selling Slows, Fidelity And Blackrock Garner $400 Million
Bitcoin has witnessed a positive turn of events as it reclaimed the $43,000 mark on Tuesday, thanks to a significant reduction in selling pressure from asset manager Grayscale. The reversal in Bitcoin ETFs during day 12 of trading has seen more…
Famed Analyst Richard Bove Says US Dollar Is Finished as World’s Reserve Currency — Expects China to Overtake US Economy
Renowned financial analyst with over 54 years of experience, Richard Bove, has warned that the U.S. dollar is finished as the world’s reserve currency, cautioning that China will overtake the U.S. economy. He warned that the offshoring of…
DOGE Bull Mark Cuban Talks Crypto, NFTs, And More In Community AMA
On January 29, Mark Cuban, the businessman and television personality, took to the X platform (formerly known as Twitter) to have a conversation with his audience and the crypto community online. What Projects Does Mark Cuban Invest in? The Ask Me…
Ethereum ETFs Approval Date Set For May 23, Forecasts Suggest ETH Could Reach $4,000
The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final…
Standard Chartered Expects SEC to Approve Spot Ethereum ETFs in May, Pushing ETH to $4,000
Standard Chartered has predicted that the U.S. Securities and Exchange Commission (SEC) will likely approve a spot ethereum exchange-traded fund (ETF) in May. The banking giant’s analyst foresees the price of ether rising to $4,000 by the…
These Crypto Asset Classes Could Be Future Market Drivers: Santiment
According to analytics firm Santiment, Artificial Intelligence (AI) and Real-World Assets (RWA) could be future drivers for the crypto market. AI And RWA Crypto Tokens Have Seen High Interest Recently As explained by Santiment in a new post on X…
US Representative French Hill Optimistic on Progress of Crypto Legislation
During a panel discussion at the recent Foundation for Defense of Democracies event, Arkansas Republican French Hill shared a positive update on the trajectory of the Financial Innovation and Technology for the 21st Century Act and the Clarity for…
dYdX to Unlock Over 33 Million Tokens: Will Price Crash?
dYdX, a decentralized exchange (DEX), will unlock over 33 million DYDX worth approximately $90 million on February 1. This significant token unlock is the second event in the last week, following a previous unlocking on January 23. dYdX To Unlock…
Monero Tracing: Privacy Coin Proponents Dismiss Finnish Law Enforcement Agency’s Tracing Breakthrough Claims
A Finnish law enforcement agency, the National Bureau of Investigation (NBI), recently claimed that it may have found a way to trace the privacy coin Monero. However, proponents of the privacy coin have dismissed the agency’s claims and…
Ethereum's 'Dencun' Upgrade Goes Live on Second Testnet, With Just One Remaining
Next week, on Feb. 7, Dencun will go live on its final Ethereum testnet, Holesky. After that, developers will ink in a date to activate Dencun on the main blockchain.
Bitcoin Whales Increase Holdings By 4.5%, Getting Ready For Rally?
Bona Fide Wealth President Defines Bitcoin as ‘Digital Gold,’ Discusses Showdown Between Crypto Natives and Traditional Finance
Douglas Boneparth, the president and founder of Bona Fide Wealth, recently articulated his perspective on bitcoin, describing it as a digital equivalent of gold or a store of value in the digital realm. In addition, Boneparth further highlighted…
‘Quantum Cats’ Launch Faces Technical Glitches, Taproot Wizards Postpones NFT Sale
Dogecoin On The Verge Of Breakout: Crypto Analyst Says Get Ready For DOGE To Pop
Dogecoin (DOGE) is getting ready to “pop,” as this crypto analyst predicts that the next move to the upside could see the meme coin break a critical resistance level. DOGE’s price has, in recent times, lived off the hype regarding several use cases
Vitalik Buterin Says Developers Should 'Tread Carefully' Mixing Crypto and AI
The Ethereum co-founder has warmed up on the potential intersection between AI and crypto, though he warns developers to be careful.
Argentine Government Drops Crypto Legalizing Opportunity From Omnibus Bill
The Argentine government, presided by Javier Milei, has resolved to drop the tax opportunities for crypto in the omnibus bill presented to Congress. The bill allowed taxpayers to declare the ownership of some previously undeclared assets, with…
Invesco and Galaxy Slash Fees in Competitive Spot Bitcoin ETF Market
Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF…
Bitcoin Price Could Hit New All-Time High Before Halving, Here’s Why
The Bitcoin market is currently experiencing a turning point, largely driven by recent trends in Bitcoin exchange-traded funds (ETFs). Yesterday, Bitcoin’s price rose above $43,000, a movement closely tied to changing dynamics in ETF inflows…
Why People Still Think Bitcoin Will Die
Unstoppability is one of its most important and reliable features. So why do so many respondents to a recent survey think Bitcoin will fail in 2024?
When Is a Ponzi a Ponzi?
U.S. authorities indicted the operators of HyperVerse, allegedly an $1.8 billion “Ponzi scheme.” There’s a fine line between a “fraudulent investment scheme” and many crypto projects, it seems.
China Emerging As Surprising Source Of Bitcoin Demand
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 now…
Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing
GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol "GRDI" while continuing to trade on Cboe Canada under the same ticker.
Super Bowl 58 Wagers Heat up — 49ers Lead as Crypto Betting Markets Favor Their Victory
In just under two weeks, the National Football League (NFL) champions of the American Football Conference (AFC), the Kansas City Chiefs, and their counterparts from the National Football Conference (NFC), the San Francisco 49ers, will clash in the…
Jack Dorsey's Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%
The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures.
Areon Gears up for Mainnet Integration on Exchanges by Jan 31
PRESS RELEASE. Crypto enthusiasts hold their breath as excitement builds around the upcoming integration of Areon Network‘s new layer 1 chain with major exchanges. Scheduled for January 31 at 14:00 UTC, the integration marks a significant…
Bitcoin NFT Bubble Bursts: Values Plummet 60% After Holiday Frenzy
The short-lived reign of Bitcoin as the leading NFT platform came to an end this month, with Ethereum reclaiming the top spot as NFT sales on the Bitcoin network plummeted over 60% compared to December’s record highs. Data from NFT analytics…
Ether Could Hit $4,000 With Likely Spot ETH ETF Approval in May: Standard Chartered
The British bank predicts that the SEC will eventually treat spot ether ETF applications similarly to bitcoin ETFs, putting May 23 as the expected date for an approval.