Bitcoin bull flag joins MACD to tease new BTC price all-time high next
Bitcoin traders remain bullish over a BTC price breakout despite months of consolidation — and on-chain data supports them.
Posts published on June 2, 2024 go to media archive 2/2
Musk vs. Nakamoto: A 210% Bitcoin Surge Could Change the World’s Wealth Rankings
Bitmain Launches Antminer L9 With Enhanced 16 GH/s Capacity for Scrypt-Based Coins
Bitmain has announced the release of the Antminer L9, an application-specific integrated circuit (ASIC) miner tailored for coins that use the Scrypt algorithm, such as litecoin and dogecoin. The company reports that this new model provides 16…
Sleepy Crypto Market ‘May Get Caught Offside’: QCP Capital Eyes Bullish Shift in Ethereum
This weekend, the Singaporean cryptocurrency firm QCP Capital reported a significant drop in market volatility after the approval of spot ethereum (ETH) exchange-traded funds (ETFs), despite ongoing catalysts. QCP highlighted that bitcoin is under…
Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the…
Senator Ted Cruz Acquires 3 Bitcoin ASIC Miners, Begins ‘Hashing’ in Texas
Nigeria’s interest in Bitcoin unfazed by regulatory restrictions
Notably, Lagos, Nigeria’s commercial nerve center, falls outside the top 15 cities regarding Google search interest for Bitcoin.
Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives
The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded its scale. Nonetheless, the past few years have seen a…
Notcoin (NOT) Scores 47% Daily Profit To Emerge Top Market Gainer
Popular play-to-earn token Notcoin (NOT), has continued to retain investors’ attention over the last week with a stunning positive market performance. According to data from CoinMarketCap, Notcoin gained 46.97% in the last day emerging as the…
UBS Raises Gold Price Targets, TRUMP Coin Hits All-Time High, and More — Week in Review
UBS has raised its gold price forecast from rising central bank demand and geopolitical tensions. Meanwhile, the meme coin TRUMP surged over 30% in 24 hours after former President Trump’s appearance at the Libertarian National Convention…
Bitcoin In ‘Euphoria Wave’ – How Long Until The Bull Run Ends?
The price of Bitcoin appears to have returned to a choppy market condition, quashing any hopes of a breakout to new highs soon. However, the good news is that the current bull cycle may still not be over, even though it is taking a while for the…
Software Engineer: Anchoring AI on Public Blockchains Aids in Establishing a ‘Permanent Provenance Trail’
Nigeria seeks crypto clarity one year into Tinubu’s tenure
Nigeria's young resident population now feels more bewilderment due to the administration’s recent actions against Nigeria’s crypto industry.
Ethereum On Edge: Can Ether Smash Through Resistance Or Stall After Rally?
Ethereum, the world’s second-largest cryptocurrency, finds itself at a critical juncture. After a strong 25% surge in the past month, outperforming its peers, Ethereum is facing a formidable hurdle in the form of resistance levels around…
El Salvador's pro-Bitcoin President Nayib Bukele sworn in for second term
El Salvador's pro-Bitcoin President Nayib Bukele began a new five-year term, with the crypto industry applauding his leadership as he positions the country as a "world leader."
Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms
In May, cybercriminals were less successful in their attacks on decentralized platforms, resulting in losses attributed to hacks and fraud incidents amounting to approximately $52.4 million. During the same period last year, digital assets worth…
Wyoming Senator Cynthia Lummis Castigates US President Joe Biden’s Veto
U.S. Senator for Wyoming Cynthia Lummis has castigated President Joe Biden over his decision to veto a measure that would disapprove the Securities and Exchange Commission’s Staff Accounting Bulletin No. 121 (SAB 121). Lummis said the measure known…