Dogecoin Social Sentiment Turns Bearish And Drops To March Levels, What This Means For Price
Crypto analyst Ali Martinez recently revealed the bearish sentiment surrounding Dogecoin (DOGE). Interestingly, he suggested this might be a good opportunity to invest in the foremost meme coin as things could soon turn bullish. The Bearish…
Digital Yuan App Drops ‘Pilot’ Description, Hints at Change to Production Ready Status
The digital yuan app, which services users of the Chinese CBDC, has dropped the ‘pilot’ label from its name without any announcement, prompting speculation about an upcoming move to production stages. While local Chinese news outlets explained that…
SEC to close regional office after judge dismisses DEBT box case
A judge ordered the U.S. Securities and Exchange Commission to pay $1.8 million following “bad faith conduct” over a temporary restraining order to freeze DEBT Box’s assets.
FTX Reaches Settlement With IRS on $24 Billion Tax Claim
Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax…
Elon Musk sets record straight on Nvidia AI chip shipments
The billionaire industrialist clarified that the south extension of Tesla's Giga Factory in Texas would soon be complete, allowing for more AI infrastructure.
Ethereum (ETH) Set For ‘Glorious Year,’ Analyst Eyes $10,000 Target
Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US. This bullish momentum propelled the token’s price from the $3,000 price range to the $3,900 mark. After the…
VC Billionaire Chamath Palihapitiya Explains the $500,000 Bitcoin Case: Countries Will Become Dual Currency
Chamath Palihapitiya, the founder and CEO of Social Capital, a venture capital firm, has explained how bitcoin could reach $500,000 or even higher price levels in the coming months. During a podcast, Chamath clarified that considering the price…
SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit
The Securities and Exchange Commission's Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing "significant attrition" among its staff, some of whom were pushed out over…
Edward Snowden on NYSE Trading Halts: ‘Bitcoin Fixes This’
On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway. Berkshire shares plummeted 99.7%, while Chipotle’s stock fell 66%. In response to the…
Crypto Pundit Shares “Inevitable” Prices For Bitcoin And 5 Altcoins
With the crypto market expected to enter a bull run later this year, and Bitcoin, alongside altcoins, are already expected to be responding to it. As crypto investors eagerly await this bull run, a crypto analyst has revealed where they expect the…
Consensus 2024: Reacting to Trump verdict during crypto conference
Digital asset regulation and policy were at the center of discussion for many panels at the crypto event when news of Donald Trump’s 34 felony convictions broke.
The U.S.-based spot bitcoin ETFs yesterday made it 15-consecutive sessions of net inflows, with the latest rush of money combing with a rally in the price of {{BTC}} to send BlackRock's iShares Bitcoin Fund (IBIT) to more than $20 billion in assets…
Bitcoin Surpasses $70,000, Reaches Intraday High of $71,031
The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s…
Meme Stocks GME, AMC and Related Meme Coins Take a Hit as Roaring Kitty’s Influence Wanes
The Roaring Kitty craze appears to be dwindling at a swift pace, as evidenced by Gamestop’s stock, GME, which has dipped between 3-5% against the U.S. dollar during Tuesday’s mid-day trading sessions. Similarly, the meme stock AMC…
Bitcoin Ready To Takeoff? Analyst Eyes $85,000 as Fundamentals Align
Bitcoin prices are hovering near $70,000, bouncing from a critical dynamic support line, evident in the daily chart. Even though bulls have yet to breach $72,000 and break above March 2024 highs, traders are optimistic about what lies ahead…
3 Bitcoin Mining Pools Wield 69% of Total Hashrate Discovering 301 Blocks in 72 Hours
Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period. Foundry USA and Antpool, two industry titans, command a formidable 55.5% of Bitcoin’s total…
Metaverse Project “Genso Meta” Announces MV Chain With Arbitrum Orbit to Improve User Experience
PRESS RELEASE. Since its launch, Genso Meta has been actively developing applications that combine gaming and blockchain technology. Beyond Play2Earn, Genso introduced UGC2EARN, allowing players to create and profit from content. They’ve…
Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s ongoing…
For over a year, some have considered bitcoin to be under siege. Fee spikes and transaction volumes associated with Ordinals and Inscriptions have impacted other users, and some even propose these may be cover for a deliberate attack by a…
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