Core Scientific drops 10% after $400 million convertible senior note offer
Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts.
Stablecoin issuance could be key to the next Bitcoin rally — 10x Research
Tether and Circle issued more than $2.5 billion worth of stablecoins over the past week, and 10x Research believes continued momentum could spark a Bitcoin rally.
Pump.fun daily revenue outpaces the next 24 protocols combined
Solana memecoin deployer pump.fun has generated more than $5.3 million in revenue in the last 24 hours, out-earning Ethereum, Solana, and Tron and everyone else.
BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert
The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade using their national currencies like the Russian ruble…
BNB Price Back on Track: Can It Break $535 to Move Higher?
BNB price is recovering higher from the $500 support zone. The price is now showing positive signs and might aim for more upsides above $535. BNB price started a recovery wave from the $500 support zone. The price is now trading above $515 and the…
Analyst Says XRP Price Will Rally 10,400% To $60, Here’s When
A crypto analyst has shared an optimistic outlook for the XRP price, the native token of the XRP Ledger (XRPL), predicting a potential rally of up to 10,400% with a price target of $60. The analyst has also outlined when to expect this anticipated…
ASX sued over prior statements about its now-abandoned blockchain project
The Australian Securities and Investments Commission has sued the stock exchange for alleged “misleading statements” it made over its abandoned blockchain upgrade plan.
Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto…
XRP Price Eyes $0.60 Reclaim: Crucial for a Fresh Upswing
XRP price is slowly moving higher above the $0.5650 support. The price must clear $0.5880 and $0.60 to start a fresh increase in the near term. XRP price is attempting a fresh increase above the $0.5650 level. The price is now trading near $0.5750…
Bittensor (TAO) To Lead The ‘AI Wave’: Analysts Bullish Despite 10% Price Drop
Bittensor (TAO) has been one of the best-performing AI (Artificial Intelligence) tokens this cycle after surging 180% during Q1 2024. The token has significantly retraced from its march all-time high (ATH) and is currently testing key resistance…
Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before Deadline
Crypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer be accessible afterward. After this date, withdrawals of…
Ethereum Bulls Set Sights on $3K: Is a Breakout Coming?
Ethereum price started a steady increase above the $2,650 resistance. ETH is beating Bitcoin and might even rally toward the $3,000 resistance zone. Ethereum started a fresh increase above the $2,580 and $2,650 levels. The price is trading above…
Bitcoin sell pressure risk as $1.7B in dormant BTC moves over 2 days
The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, according to an onchain analyst.
Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound
Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among…
Bitcoin Price Crosses $60K, But Struggles to Maintain Pace
Bitcoin price recovered above the $60,000 resistance zone. BTC is now struggling to clear the $61,200 and $61,500 resistance levels. Bitcoin started a recovery wave above the $60,000 resistance zone. The price is trading above $60,000 and the 100…
Bitcoin Price Action “Boring” Despite Rapid Accumulation: Is Something Big Cooking?
Though buyers stand a chance, Bitcoin is steady when writing, teetering at the $60,000 level. After rejecting August lows, the bounce above the round number at $60,000 to as high as $63,000 by the end of last week was impressive. However, from the…
Arthur Hayes Predicts $100K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching $1M
Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has…
US Bitcoin ETFs ‘on track’ to top Satoshi’s BTC stack soon
United States Bitcoin ETFs have added around 37,510 BTC to their holdings each month on average and could soon surpass Satoshi Nakamoto's estimated stash.
Veteran Trader Peter Brandt Says Gold Is Poised for Massive Chart Breakout
Peter Brandt, a veteran trader and respected chartist, says gold is poised for a massive chart breakout with targets of $2,800 and then $3,200, based on an inverse head and shoulders pattern indicating a bullish trend. This outlook aligns with…
Ethereum Price Ready For 75% Breakout To $4,723, Here’s Why
Crypto analyst Javon Marks has predicted that Ethereum (ETH) could enjoy a 75% breakout and rise to $4,723. The analyst also explained why this parabolic rally is possible for the second-largest crypto by market cap. Why A Rise To $4,723 Is…
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