Solana Leads Gains in Crypto Majors, Bitcoin Metric Suggests Low Retail Growth
The CoinDesk 20, a liquid index of the top twenty cryptocurrencies, rose 4% in the past 24 hours.
Posts published on February 12, 2024 go to media archive 1/2
Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply
MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview.
SOL Price Surges To $115 – Why Solana Could Rally Another 10%
Solana is gaining bullish momentum above $110. SOL price is surging, and the bulls could soon aim for a move above the $120 level. SOL price started a fresh increase from the $95.00 support against the US Dollar. The price is now trading above $105…
Bank of Russia Detected Over 5,700 Pyramid Schemes in 2023
The Bank of Russia reported that the number of pyramid schemes and illegal lending providers in Russia rose to over 5,700 in 2023, an increase of 15.5% over the number detected in 2022. Specifically, the number of pyramid schemes detected increased…
Ethereum Price Rallies 5%, Why ETH Bulls Could Aim For $3K This Month
Ethereum price is up over 5% and there was a push toward $2,700. ETH is consolidating gains and might aim for a move toward $2,800 or $3,000. Ethereum is consolidating gains below the $2,700 resistance zone. The price is trading above $2,600 and…
Peter Thiel Made $200M Investment in BTC, ETH Before Bull Run: Reuters
A source said that the investment was split evenly between the two digital assets.
SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules…
Bitcoin Price Revisits $50K, Why BTC Could Start A Short-Term Correction
Bitcoin price extended its rally above the $48,800 resistance. BTC tested $50,000 and is currently showing signs of a downside correction. Bitcoin price climbed higher above the $48,500 and $48,800 resistance levels. The price is trading above…
Cardano’s Future Revealed: Founder Would “Love To Be The Taylor Swift Of Blockchain”
Charles Hoskinson, co-founder of Cardano, joined Discovery Crypto to discuss his thoughts about the state of the crypto space, what current developments in the industry suggest, and the network’s future as the “Taylor Swift of Blockchains.”…
Crypto Community Fires Back at Hillary Clinton’s Criticism of Bitcoin Undermining US Dollar as Reserve Currency
The crypto industry has responded to criticism from Hillary Clinton, who said that cryptocurrency can undermine the role of the U.S. dollar as the world’s reserve currency. Galaxy Digital CEO Mike Novogratz argued that the only thing that…
Bitcoin’s Race To $50,000: Analyst Highlights Key Resistance And Market Dynamics
Dave Ramsey’s Team Insists Crypto Isn’t a Good Investment — Says It’s ‘Risky for a Lot of Reasons’
CryptoQuant Founder Puts $112,000 Target For Bitcoin This Year
The founder of on-chain analytics firm CryptoQuant has said Bitcoin could reach a target of $112,000 this year driven by the ETF inflows. Bitcoin May Hit $112,000 Based On Inflows Into The ETFs In a new post on X, CryptoQuant CEO and founder Ki…
Grayscale Claims ‘Next Bitcoin Halving Is Different’: What’s Changed?
Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program
On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore…
Ethereum Co-Founder Vitalik Buterin on Tackling Deepfake AI Risks: ‘Ask Security Questions’
Vitalik Buterin, a co-founder of the cryptocurrency project Ethereum, has raised an alert on using deepfakes, videos created using artificial intelligence (AI) to try to impersonate human beings, to persuade others about making financial…
Analyst Says Bitcoin Won’t Fall Below $100,000 In Next Crypto Winter
One analyst is confident that Bitcoin (BTC) will be more resilient than ever in future crashes. Taking to X, the analyst said that the world’s most valuable coin will not fall below $100,000 in the next crypto winter. Bitcoin Will Be More…
Franklin Templeton Joins Ethereum ETF Race
The asset manager is also one of the issuers of a spot bitcoin exchange-traded fund but hasn’t seen the same success as frontrunners BlackRock and Fidelity.
Did President Biden Just Endorse Bitcoin?
The octogenarian politician is sporting laser eyes on Twitter, seemingly unaware it is a symbol of support for the cryptocurrency.
ERC-404 Sector Plunges: Market Capitalization Drops By 29% In 24 Hours
Surprisingly, the newly introduced Ethereum (ETH) token standard, ERC-404, made an impressive debut in the crypto market, outperforming many other digital assets. However, as Bitcoin (BTC), the dominant cryptocurrency, began to rally, investors…
Bitcoin Halving 2024 — Grayscale Study Reveals Unprecedented Market Evolution
According to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated to take place between April 19 and April 21…
Craig Wright Told by UK Court to Stop Making ‘Irrelevant Allegations’ as COPA Trial Continues
Wright continued to blame a host of reasons and people for inconsistencies pointed out by opposing counsel on Monday as his cross-examination continued.
Tether and Circle Stablecoin Purchases Dominate in Argentina
Stablecoin purchases are proving popular for Argentine citizens amid a severe economic crisis in the nation.
Strategic Exploit: Crypto Traders Harvested $3 Billion From ‘Kimchi Premium’?
South Korea’s local media, Newsis, recently reported the case of certain crypto traders who had sent about $3 billion overseas in a bid to profit from the ‘Kimichi Premium.’ Interestingly, the court found 14 out of 16 of these traders not guilty…
Bitcoin Hits $50,000 For The First Time Since 2021
Bitcoin has surged past the $50,000 mark today, according to CoinMarketCap data, reaching this milestone for the first time since December 2021. CoinMarketCap The breakthrough marks a significant recovery for Bitcoin, which faced…
FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.
The FTX Hack: The Unsolved SIM Swap Mystery
New rules from the SEC and FCC, and the former’s own SIM swap incident, are likely to raise scrutiny on crypto firms to clamp down on a scourge of identity-hacks, says Andrew Adams, partner at Steptoe.
Bitcoin vs. Real Estate: Which Is The Better Store Of Value In Times Of Conflict ?
IntroductionWe live in a highly digitalized world, but most of humanity still uses physical goods to store value. The most used store of value in the world is real estate. It is estimated that approximately 67% of global wealth is held in property…
Bitcoin Pushes Through $50K for First Time Since Late 2021
The world's largest crypto has now roughly tripled in price in 2023, surely signaling the end of the industry's long bear market.