99 / 323 Relevant items tagged with #CRYPTO
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Toncoin (TON) Flips Ethereum In Daily Active Users, Fueling $10 Price Target Predictions
[Jun 11, 2024 5:00 PM] Toncoin (TON), the native token of The Open Network, experienced a 12% price drop from its recent all-time high of $7.76 over the past week, following the overall market correction led by Bitcoin (BTC). However, despite the temporary setback, the…
Is Ethereum’s Price Under Pressure? Here Is What Futures Data Signals
[Jun 11, 2024 4:00 PM] Recent data from CryptoQuant has revealed a bearish phase for Ethereum (ETH), as futures traders exhibit strong selling activity. The crypto community closely monitors these developments, especially with Ethereum struggling to hold above the $3,500…
Is Now The Time To Buy Bitcoin? Latest Chart Analysis Says Yes – Here’s Why
[Jun 11, 2024 2:00 PM] Bitcoin has recently been spotlighted due to an intriguing buy signal identified on its hourly chart. This indication emerges amidst a notable fluctuation in Bitcoin’s price, setting the stage for potential short-term gains. Renowned crypto…
Largest Bank in Brazil Itau Unibanco Opens Cryptocurrency Trading to All Users
[Jun 11, 2024 1:28 PM] Itau Unibanco, the largest bank in Brazil and all of Latam, has reported the availability of cryptocurrency trading services for all its users. Through Ion, the bank’s in-house investment platform, customers can purchase bitcoin (BTC) and…
Donald Trump Jr. Advocates for Father as Leading Bitcoin Proponent
Ethereum Buying Pressure Reaches Critical Level Amid Massive Whale Buying
[Jun 11, 2024 12:00 PM] Institutional investors have been accumulating Ethereum at a rapid pace after the SEC’s recent approval of Spot Ethereum ETFs. Crypto analyst Ali Martinez noted that this accumulation trend has created buying pressure that could be the…
Polygon Unveils $1 Billion Grant Program to Foster Blockchain Development Over Next Decade
[Jun 11, 2024 11:27 AM] Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at supporting developers on its platform. This initiative promises to allocate about $100 million annually to fund innovative projects that…
Coinmetrics: Meme Coins Reshape Crypto Landscape Despite Centralized Token Holdings
[Jun 11, 2024 10:12 AM] The meme coin sector has exploded to a staggering $60 billion market capitalization, reshaping the digital asset landscape and outperforming traditional crypto assets. Researchers Tanay Ved and Matías Andrade from Coinmetrics provide insights…
Crypto Mixers, Privacy Coins, Layer 2s Complicate Tracing for Law Enforcement, EU Innovation Hub Says
[Jun 11, 2024 10:01 AM] Separately, France's markets regulator said crypto remains a high risk for money laundering.
Bitcoin Falls Below $67K, More Than 75K Traders Liquidated Amid Market Decline
[Jun 11, 2024 8:06 AM] On Tuesday, the price of bitcoin (BTC) fell to an intraday low of $66,696 per unit, marking a 3.3% decrease over the last 24 hours. This decline resulted in the liquidation of $170.25 million in long derivatives positions, with $50.87 million of…
Meme Coin Craze Drives Solana’s Token Issuance to New Heights
[Jun 11, 2024 7:23 AM] According to statistics, 115,773 tokens were issued on the Solana blockchain, and 30-day metrics show that more than half a million tokens, specifically 549,386, were minted. Solana Blockchain Mints Over Half a Million Tokens in 30 Days Solana has…
Betting Odds Odds Suggest 24% Chance Joe Biden Will Exit 2024 Election Race
[Jun 11, 2024 6:24 AM] According to a bet on Polymarket, a decentralized predictions platform powered by Polygon, there’s a wager on whether current U.S. President Joe Biden will exit the 2024 election race. Currently, the likelihood of Biden stepping down has grown over…
Blood In The Water? Ethereum Whales Circle As Price Drops
[Jun 11, 2024 6:00 AM] Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often…
Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover
[Jun 11, 2024 5:20 AM] In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’ claims that Tigran Gambaryan, an imprisoned…
Uniswap Labs Acquires Onchain Survival Experience Crypto: The Game
[Jun 11, 2024 1:37 AM] Uniswap Labs has announced the acquisition of Crypto: The Game (CTG), an onchain experience mimicking mainstream TV shows like Survivor with a crypto element. The experience involves the participation of several contestants in a series of…
FOMC Preview: How Will Bitcoin And Crypto React? All You Need To Know
[Jun 11, 2024 1:30 AM] As the financial markets brace for the upcoming Federal Open Market Committee (FOMC) meeting on Wednesday, June 12th, the Bitcoin and crypto community is poised to assess the implications of any Federal Reserve announcements on digital assets such…
Study: 14% of ‘Early Adopter’ Kiwis Own Cryptocurrency; Majority Favor It Over Real Estate
[Jun 10, 2024 10:37 PM] At least 14% of New Zealanders surveyed said they have owned cryptocurrency or held digital assets in the past. The findings categorize New Zealanders as early adopters, indicating they were quick to recognize the potential of cryptocurrency…
Iggy Azalea MOTHER Token Skyrockets 27% After Major Announcement
[Jun 10, 2024 10:00 PM] Australian rapper Iggy Azalea and her cryptocurrency venture, the Mother Iggy (MOTHER) token, have garnered significant attention in the crypto industry due to its rapid popularity and a more than 140% spike in its first week of trading. However…
Shiba Inu (SHIB) Burn Rate Skyrockets Nearly 70,000%: Will This Trigger A Long-Awaited Price Explosion?
FTC Warns of Crypto Scams From Online Love Interests
[Jun 10, 2024 8:36 PM] The U.S. Federal Trade Commission (FTC) has issued a warning about cryptocurrency romance scammers who offer investment advice. The FTC emphasizes the risks involved and urges immediate reporting and caution to protect others. “They establish…
HSBC China Introduces Digital Yuan Services for Corporate Clients
[Jun 10, 2024 7:38 PM] HSBC Bank (China) Ltd. announced on Friday the launch of digital yuan (e-CNY) services for corporate clients, becoming one of the first international banks to provide these services to both corporate and retail customers. The e-CNY, or digital…
Crypto Analyst Predicts XRP Price Will Rally 50,000% To $250, Here’s When
[Jun 10, 2024 7:00 PM] Crypto analyst Chad Steingraber has made an ultra-bullish price prediction for the XRP price, stating that the crypto token’s price could rise to three figures. The analyst also outlined when this price target will be attained. XRP Will Hit $250…
South Korean Regulator Excludes Certain NFTs From Crypto Regulations
[Jun 10, 2024 6:34 PM] South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines will be part of the…
Modi Reappoints Nirmala Sitharaman as India’s Finance Minister — Investors Remain Concerned Over High Crypto Taxes
[Jun 10, 2024 5:16 PM] Indian Prime Minister Narendra Modi has reappointed Nirmala Sitharaman as Finance Minister. She remains instrumental in shaping India’s economic policies, including cryptocurrency regulation and taxation. Nirmala Sitharaman Reappointed as…
Ethereum Inflows Soar: Record Week With $69M As ETFs Near Trading Launch, What’s Next?
[Jun 10, 2024 5:00 PM] Following the recent price spike that brought Ethereum (ETH) close to the $4,000 mark, the second-largest cryptocurrency has experienced inflows and renewed market enthusiasm. This comes in response to the US Securities and Exchange…
DOJ and FBI Unveil Charges Against 3 UK Nationals in NFT Rug Pull Scam
Crypto Analyst Predicts 800% Rally To $6,000 For BNB, Here’s The Timeline
[Jun 10, 2024 4:00 PM] BNB has been one of the best performers coming out of the long and drawn-out bear market of 2022. Even now, the altcoin continues to show a lot of strength, suggesting that its run is far from over. According to one crypto analyst, this expected…
Russia Set to Recognize Bitcoin Mining as Economic Activity
[Jun 10, 2024 3:39 PM] According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law…
Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports
[Jun 10, 2024 3:05 PM] Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting…