The Bitcoin “Big Money Algos” Are Here: Will BTC Breach $70,000?
Mike Alfred, a Bitcoin investor and crypto commentator, thinks the “big money algos” are back and predicts the world’s most valuable cryptocurrency will rally to record fresh February 2024 highs but retest all-time highs. This…
The value of ethereum, the crypto market’s second-largest asset by market cap, eclipsed the $3,000 milestone on Tuesday, peaking at $3,014 per unit in the morning trading hours. Over the last week, ether has seen a 13.1% climb against the…
Solana, Chainlink Among Coins With Overheating Open Interest: Data
Data shows Solana and Chainlink are among the top cryptocurrencies that have observed growth in Open Interest to relatively high levels. Solana & Chainlink Have Their Open Interest At Notable Values Currently According to data from the on-chain…
Matt Corallo proposed a little more than a week ago a BIP for the coordination of making Bitcoin payments. Making bitcoin payments has always presented something of a challenge in terms of coordination, both on-chain and off-chain with protocols…
Ethereum Receives Nod Of Approval From Berstein: ETH Price Will Reach $10,000
Global asset management firm, Bernstein has expressed confidence, foreseeing a fairly strong chance of the United States Securities and Exchange Commission (SEC) approving an Ethereum Spot ETF. SEC Ethereum Spot ETF Approval Imminent In a…
Ether Hits $3K for First Time in Nearly 2 Years Amid Rising ETH ETF Excitement
The price of ether, the native token to the Ethereum network, rose past $3,000 for the first time since April 2022 on Monday, continuing a recent hot streak.
South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections
South Korea’s ruling political party and its opposition party are making poll promises related to crypto ahead of the national elections later this year scheduled for April 10.
Deltec Bank Accused of Secretly Extending a $2 Billion Credit Line to Alameda Research
Deltec Bank and Trust Ltd, based in The Bahamas, stands accused of covertly extending a $2 billion line of credit to Alameda Research. A lawsuit, filed by those who claim to be victims of Sam Bankman-Fried, accused Deltec of granting a three-day…
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Australians More Likely to Invest in Spot Bitcoin ETFs After U.S. Approval: Study
The U.S. approval of spot bitcoin exchange-traded funds (ETFs) appears to have had a significant positive impact on the view Australians hold of both cryptocurrencies and bitcoin.
Bitcoin Options Trader Takes $20M Bet to Hedge Against Prices Dropping to $47K
The strategy provides a hedge against a potential bitcoin price pullback to $47,000 and costs over $20 million, according to crypto block trading service provider Greeks.Live.
Crypto Analyst Lays Out XRP Price Roadmap For 1,350% Surge
In a new technical analysis shared on X, crypto analyst Egrag outlined a potential trajectory for XRP that could signal a staggering 1,350% increase in price. Egrag’s forecast hinges on the application of the Fibonacci Speed Resistance Fan (FSRF)…
Liquid Restaking Tokens or 'LRTs' Revived Ethereum DeFi. Can the Hype Last?
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks.
Australian Police Officer in Court for Stealing Nearly 82 BTC From Seized Drug Trafficker’s Wallet
An Australian police officer recently appeared in a Melbourne court where he faced charges of stealing 81.616 bitcoins from a crypto wallet seized from drug traffickers. After initially blaming the drug traffickers,’ the Australian Federal…
Shiba Inu layer 2 blockchain platform Shibarium, has witnessed a notable surge in transaction activity carried out on the platform, with its daily transaction performance reaching a new monthly high. Shibarium Daily Transactions Skyrocket The…
Worldcoin (WLD) Just Added 170% To Its Value – What’s Going On?
Worldcoin (WLD), a blockchain-based project fueled by biometric verification, has ignited a firestorm of investor interest, skyrocketing 170% in the past week to reach a record high of $7.48. This meteoric rise stands out against a backdrop of…
Solana Integrates Filecoin to Enhance Historic Data Accessibility
Solana, one of the top proof-of-stake blockchains, has integrated Filecoin, a decentralized file-saving blockchain-based system, to make its block history accessible for third-party apps. According to Filecoin, this will allow Solana to achieve…
Hedera (HBAR) Soars By 13%, Analyst Predicts Doubling Soon
Hedera (HBAR) has surged by 13.7% in the past 24 hours and a notable 31.5% over the last week. This uptick is part of a broader “altcoin season,” where select altcoins are experiencing significant gains. Scott Melker, a prominent figure…
Tron (TRX) investors add DeeStream (DST) after Binance Coin (BNB) funds puts huge investments into innovative presale
The creation of cryptocurrencies was a turning point for tech and finance. Cryptocurrencies changed investments. It spurred people to reimagine the concept of “money”. Today, almost everyone appreciates the profitability of cryptocurrencies and…
Jim Bianco Warns of Potential Risks in Bitcoin Market Due to Spot Bitcoin ETFs
Jim Bianco has raised concerns over the potential for a new kind of volatility in the bitcoin market, spurred by the dominance of speculative traders in the recently approved spot bitcoin ETFs. This development, he warns, could lead to significant…
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report.
Dai (DAI) investors buy Pushd (PUSHD) early to see summer profits while Bitcoin (BTC) hits $52k
Some crypto projects are not as volatile as other projects on the blockchain, they are called stablecoins, Dai (DAI) is one of such coins. Dai (DAI) is linked to the US dollar by 1:1. Investors use stable coins like Dai (DAI) to escape the level of…
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