Bitcoin Price Faces Threat As Analyst Foresees $55 Million Liquidation
According to data from CoinMarketCap, Bitcoin (BTC) has maintained its upward price trajectory over the last day, gaining by 4.04% to briefly trade above the $48,000 mark. As BTC now hovers around the $47,100 price zone, investors and market…
Citrea Proposes First ZK Rollup to Make Bitcoin the All-Chain
Citrea, a project that aims to scale Bitcoin through ZK rollups, came out of stealth on Tuesday. The project aims to become a pathway for several initiatives to take advantage of the decentralization and security of Bitcoin while at the same time…
Coinbase States Americans Could Have Saved at Least $74 Billion Using Crypto
Coinbase, a leading U.S. cryptocurrency exchange, claims that Americans could have saved at least $74 million in 2022 by leveraging crypto tech instead of using credit cards as payment options. In its latest State of Crypto report, Coinbase reveals…
Can Bitcoin Overcome Past Trends? Examining The Pre-Halving Rally And Resistance Levels
Bitcoin (BTC), the largest cryptocurrency in the market by trading volume and capitalization, has embarked on a renewed bullish uptrend, reclaiming previously lost territories and surpassing resistance levels, igniting optimism among investors. …
Betting Big On Ethereum: Options Traders Target $4,000 Mark Amid Market Optimism
Ethereum (ETH) is showing a noteworthy pattern in the options market. According to data from Deribit, a leading platform for crypto futures and options trading, there’s a significant concentration of call options for ETH around the $4,000…
Starkware to Launch ‘Cairo Verifier’ for Improved Layer 3 Scalability
Starkware, in a collaboration with Herodotus Dev, is poised to launch the ‘Cairo Verifier,’ a system designed to verify cryptographic proofs on Starknet’s Layer two. This innovation aims to circumvent the Ethereum mainnet…
XRP Ledger (XRPL) Token Market Cap Surged 47% In Q4 To $169M: What Caused The Surge?
A recent report by Messari sheds light on the state of the XRP Ledger (XRPL) and its notable performance during the fourth quarter (Q4) of 2023. The report highlights significant milestones, including its native token market capitalization…
Polygon Unveils ‘Type-1’ Prover Upgrade, Promising to Transform EVM Chains With Zero-Knowledge Proofs
Polygon Labs has rolled out its latest innovation, the “Type-1 prover.” This upgrade could introduce a new era for Ethereum Virtual Machine compatible chains, enabling the generation of zero-knowledge proofs while ensuring transaction…
Finance Expert Drops Grim Prediction For US Economy, Says Bitcoin Is The ‘Parachute’
The United States economy and where it might be headed has been a hot topic of debate among finance experts, with some recommending Bitcoin as a safe haven. One of those who has continued to tout BTC as the answer is renowned finance author Robert…
Why Cardano (ADA) Is A Top Altcoin Pick In The Next Bull Run
Dan Gambardello, the founder of Crypto Capital Venture, has laid out a bullish narrative for Cardano going into the next bull run. Based on his analysis, the crypto token has the potential to be one of the best-performing coins during that period. …
Economist Dr. Nomi Prins Sees Potential for Massive Banking Crisis, Foresees QE as Remedy
This week, during a recent interview, the renowned geo-macro economist and acclaimed author Dr. Nomi Prins shared insights on the Federal Reserve’s future actions, particularly regarding whether the central bank will reduce the federal funds…
Bitcoin Developer Mailing List Migrates To Google Groups
Today, moderators of the mailing list for Bitcoin developers, Ruben Somsen, Bryan Bishop, and Warren Togami, announced the migration of the mailing list to Google Groups."The bitcoin-dev mailing list has migrated from Sourceforge.net…
A Comeback Story: Here’s How The XRP Trading Volume Fared In Q4 2023
A recent report released by Ripple in its Q4 2023 XRP Markets Report unveiled that XRP experienced a substantial increase in daily trading volume, hitting roughly $600 million this quarter. According to the report, this surge represented a 75-100%…
A new, non-standard token standard called ERC-404 circumvented the usual token approval process and is capitalizing on a term with an actual definition.
As we usher in the Year of the Dragon this coming weekend on Feb. 10, 2024, per the Chinese zodiac, a significant swath of cryptocurrency enthusiasts are optimistic that bitcoin is on the cusp of a substantial bull market. This optimism is rooted…
Crypto CEO Says Get Ready For Solana To ‘Rally Higher Again’ With New Target
Founder and Chief Executive Officer (CEO) of Evai Crypto Ratings, Matthew Dixon, has expressed optimism about the Solana future price outlook, projecting a new bullish target for the cryptocurrency. CEO Predicts Bullish Outlook For Solana In a…
Kraken Notifies XRP Holders Of Potential Benefits From Zakinov Case
Crypto exchange Kraken started notifying affected XRP holders about the potential monetary benefits they could receive from the class action lawsuit against Ripple. The exchange recently emerged victorious in the Zakinov v. Ripple Case. The…
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with…
Mining Misinformation: How The United Nations University Misrepresents Bitcoin’s Energy Use
F%$K Bad Research: I spent over a month analyzing a bitcoin mining study and all I got was this trauma response.“We must confess that our adversaries have a marked advantage over us in the discussion. In very few words they can announce a…
Bitcoin ETF Reserves Rise: Over 200,000 BTC Worth $9.56 Billion Gathered Since January Debut
At 10:00 a.m. EDT on Feb. 9, 2024, the nine recently launched spot bitcoin exchange-traded funds (ETFs) collectively possess 202,868.61 bitcoin, valued at $9.56 billion according to current exchange rates. New ETFs Command Over 200,000 Bitcoin In…
Bitcoin Flies Above $47,300, But Watch Out For Extreme Greed
Bitcoin is finally showing a sustained bullish push as it has now broken above $47,300, but overly positive sentiment can be an obstacle to this rally. Bitcoin Fear & Greed Index Suggests Market Is Nearing Extreme Greed The “Fear &…
Bitcoin Supply On Exchanges Has Dropped To A 6-Year Low, What This Means For Price
Bitcoin broke over the $46,000 level twice in the past 24 hours for the first time since the approval of spot Bitcoin ETFs by the SEC, signaling a bullish return into most cryptocurrencies spearheaded by BTC. In particular, Bitcoin investors seem…
The subtle shift in social media conversations. The mentions in the mainstream media: “Bitcoin will now be available for Wall Street investors!”. All the text messages arriving with questions about bitcoin from your no-coiner friends. Bitcoiners…
Analyst: After Bitcoin Hits $50,000, Expect Another 100% to 200% Rally
David Krueger, a crypto analyst on X, thinks Bitcoin (BTC) will tear higher, surging by 100% to 200% within five months, fueled primarily by fear of missing out (FOMO) once the coin breaks above $50,000. Will Bitcoin Break Above $50,000 And Rally…
NBA Faces Class Action Lawsuit Over Voyager Digital Promotion
A class action lawsuit has been filed against the National Basketball Association (NBA), accusing the league of gross negligence through its marketing agreements with the now-bankrupt crypto exchange Voyager Digital Holdings, leading to investor…
Expert Predicts Bitcoin Price Rally To $58,000, Here’s Why
Charles Edwards, the founder of Capriole Investments, has recently provided an analysis in Capriole’s Update #13, predicting a significant upswing in the Bitcoin price to $58,000. His forecast is rooted in a detailed examination of market…
First Mover Americas: Bitcoin Seen Topping $50K This Weekend
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
In a remarkable display of strength, bitcoin surged to a high of $47,526 on Feb. 9, 2024, marking a significant uptrend in its price. With a market capitalization of $921 billion and a 24-hour trade volume of $32.56 billion, the market sentiment is…
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