Central Banks Kept Purchasing Gold in February; China Continues Gold Run
Central banks kept up demand for gold in February, registering net purchases of 19 tonnes. Albeit the purchasing trend continued, purchases fell 58% compared to January’s demand, according to IMF and World Gold Council numbers. China reported…
Polygon (MATIC) In Buy Zone That Earlier Led To 112% & 87% Surges
On-chain data shows Polygon (MATIC) is currently inside the same buy zone that earlier led to rallies of around 112% and 87% for the asset. Polygon 30-Day MVRV Ratio Is Significantly Negative Currently As pointed out by analyst Ali in a post on X…
China’s Largest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets
Two of China’s largest fund management firms have recently been reported to be filing applications for spot bitcoin exchange-traded funds (ETFs), according to regional sources on Monday. Harvest Global Investments and Southern Fund are seeking…
The next Bitcoin halving, scheduled for April 20, is poised to significantly impact the mining landscape. Below Jaran Mellerud, of Hashlabs Mining, forecasts for what lies ahead.
Skybridge CEO Says Bitcoin Can Reach Half Of Gold Market, How Much Will BTC Be?
The future price and valuation of Bitcoin is a hot topic of debate, with varying predictions from different camps. One sentiment is maintained by most, though, and that is the fact that the cryptocurrency is going to trade at a much higher…
Skybridge's Anthony Scaramucci Predicts $170,000 Bitcoin Price
Anthony Scaramucci, founder of major investment firm Skybridge Capital, predicted a Bitcoin price target of $170,000 in the current cycle during an appearance on CNBC's Closing Bell.NEW: Skybridge’s Anthony Scaramucci says #Bitcoin halving is still…
Fully Noded: The Basics and Benefits of Running a Bitcoin Node
Bitcoin is a decentralized and finite digital currency, it’s verifiable by anyone anywhere in the world. This is the chief reason people have any interest in holding it at all. No one can dilute the supply, no one can counterfeit Bitcoin, it just…
Meme Coins Surge While NFTs Navigate a Rough Patch
As the crypto landscape undergoes a dramatic transformation in early 2024, meme coins have taken center stage, delivering unprecedented gains. Against this backdrop, the NFT market contends with a downturn, setting the stage for a potential…
In the early US hours of Monday, Bitcoin witnessed a significant surge, with its price climbing above the $72,000 mark. The ascent, marked by a more than 4.5% increase within a mere five-hour window from below $69,500 to an intra-day high of…
ENA Rises 15% as Ethena Labs Increases Staking Rewards
ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of "season 2," which includes a 50% increase in rewards for some users.
Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor Follow
In the recent week, bitcoin and ethereum have regained their pace, with a specific set of nine cryptocurrencies posting significant gains in the double digits. During this period, CKB enjoyed a 47.1% uptick, BGB ascended by 21.6%, and TAO increased…
Analyst Cites Favorable Market Trends That Could See Bitcoin Touch $300,000 This Cycle
Amid the renewed strength recently displayed by Bitcoin, Michael Van De Poppe, a recognized cryptocurrency analyst and trader has offered an intriguing prediction for BTC, highlighting that the crypto asset is likely to reach the $300,000 threshold…
Ethereum Technical Analysis: ETH Rides a Bullish Surge Amidst Cautionary Signals
In a demonstration of resilience and bullish momentum, ethereum’s price spiked over the $3,600 threshold, marking a significant increase within a 24-hour range that saw lows of $3,372 and highs of $3,644. This uptrend is underpinned by a…
First Mover Americas: BTC Reclaims $72K; Meme Coins Rally
The latest price moves in bitcoin (BTC) and crypto markets in context for April 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ripple CEO Makes Bold Prediction For Crypto Market – $5 Trillion In 2024
The Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse has boldly forecasted a transformative shift in the crypto industry, envisioning a $5 trillion market capitalization for cryptocurrencies in 2024. Ripple CEO Says Crypto Market Cap To…
Despite Criticism, Lightning Network Continues Seeing Major Rollouts
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…
Crypto VC Firm Polychain Tops Up AI Platform Ritual's $25M Funding Round With 'Multimillion Dollar' Investment
Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence oligarchy.
Bitcoin Technical Analysis: BTC Eyes Previous Zeniths With Renewed Vigor
On April 8, 2024, bitcoin reached an impressive 24-hour peak of $72,573, marking a significant uptrend. With a 24-hour trading volume of $29.64 billion and a market capitalization soaring to $1.41 trillion, the cryptocurrency showcases strong…
China's Largest Funds Apply for Spot Bitcoin ETF in Hong Kong
Some of China's biggest asset managers are using Hong Kong subsidiaries to enter the Bitcoin ETF market, according to recent reports.JUST IN: $284 billion China Southern Fund has reportedly applied to launch spot #Bitcoin ETF via Hong Kong.Youâ€
Lympid Transforms Investment Landscape with RWA Fractional Tokenization
PRESS RELEASE. Lympid is revolutionizing the investment experience by integrating real-world assets (RWAs) with blockchain technology. This enables investors to gain access to premium assets that were previously only available to the elite. Through…
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$284 billion China Southern Fund has reportedly applied to launch spotÂ