155 / 340 Relevant items tagged with #CRYPTO
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Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price
[Apr 23, 2024 7:00 AM] Ethereum (ETH) stands as a bellwether for the industry’s ebbs and flows. As of press time, Ethereum was trading at $3,174, its price trying to reach the crucial $3,000 mark. However, beneath the surface of these seemingly stable waters lies a…
Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
[Apr 23, 2024 6:36 AM] Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate…
Vitalik Buterin Among Several High-Profile Names With Over $1 Million Locked in Bridges
[Apr 23, 2024 3:27 AM] Vitalik Buterin, co-founder of Ethereum, reportedly has over $1 million trapped in the Optimism bridge, a situation highlighted in a broader analysis by Arkham, which exposes numerous wallets with significant funds locked on various bridge…
Animoca Brands Japan Teams up With Square Enix to Market ‘Symbiogenesis’ and Its NFT Collection
[Apr 23, 2024 2:08 AM] Animoca Brands Japan, a subsidiary of Animoca Brands, has signed an Memorandum of Understanding with Square Enix to assist in the marketing of the upcoming game Symbiogenesis and its related NFT collection. Square Enix, known for high-profile games…
Kenyan Authorities to Extradite Binance Executive to Nigeria by Month’s End
[Apr 23, 2024 1:42 AM] The Binance executive who reportedly escaped from custody in Nigeria is set to be extradited to the same country by the end of the month, according to reports. A Kenyan detective believes the extradition of Anjarwalla, who allegedly has ties to…
Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment
[Apr 23, 2024 1:32 AM] Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain.
Analysts: Confiscation of Russian Assets in the US Would Supercharge De-Dollarization
[Apr 22, 2024 11:40 PM] Analysts are pondering the effects of the approval of the Rebuilding Economic Prosperity and Opportunity (REPO) Act by the U.S. House. The execution of seizures for over $6 billion of Russian assets held in U.S. institutions would…
BRICS Bloc Mulls Stablecoins, CBDC-Based System for International Settlements
[Apr 22, 2024 9:33 PM] Russian Deputy Foreign Minister Sergey Ryabkov revealed that the BRICS bloc has been considering the use of stablecoins for its common rail payment systems. In an interview with TV BRICS, Ryabkov stated that the use of stablecoins and a connection…
‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders
[Apr 22, 2024 9:00 PM] Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their…
Spot Bitcoin ETFs Secured Inflows on Friday While GBTC Struggles to Hold 300,000 BTC
[Apr 22, 2024 7:39 PM] Following a sequence of five days of net outflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, capturing nearly 900 bitcoins from the market, totaling $59.7 million. Concurrently, Grayscale’s Bitcoin…
Crypto Guru Reveals Top Altcoin Picks And DeFi Risks: What You Need To Know
[Apr 22, 2024 7:00 PM] Renowned crypto analyst Lark Davis recently shared insights into the world of altcoin and decentralized finance (DeFi), offering high-risk, high-reward options and established projects. During a live stream, Davis discussed his current portfolio…
US Presidential Candidate RFK Jr Unveils Plan to Put Entire US Budget on Blockchain
[Apr 22, 2024 5:16 PM] U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain. “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,”…
Crypto Analyst Predicts Cardano Recovery After ABC Wave Completion, Here’s The Target
[Apr 22, 2024 4:00 PM] Cardano suffered a massive price crash over the last two weeks. However, with the market recovery, the ADA price has begun to see some positive headwinds. Analysts expect this recovery to continue, with one crypto analyst in particular, who goes by…
Bitwise: Bitcoin Will Have ‘a Great Next 12 Months’
Democracy Fails Without Cryptocurrency
[Apr 22, 2024 1:36 PM] Amidst a decline in traditional democratic structures and financial systems, cryptocurrencies emerge as a revitalizing force, offering a new form of accountability and transparency that could potentially restore public institutions. Cryptocurrency…
Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%
[Apr 22, 2024 12:33 PM] According to the most recent figures, the value of the cryptocurrency market has reached $2.43 trillion after a 2.62% increase in the last 24 hours. Bitcoin and ether have risen by 4% and 3.5%, respectively. NEAR experienced a significant uptick of…
Market Expert Predicts New Paradigm For Bitcoin: ‘Days Under $100,000 Numbered’
[Apr 22, 2024 12:00 PM] As the Bitcoin (BTC) Halving event concluded for the fourth time, the cryptocurrency market witnessed notable changes in key metrics. These developments have led Charles Edwards, a market expert and founder of Capriole Invest, to issue bold…
Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash
[Apr 22, 2024 11:22 AM] This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various…
Unstoppable Domains x Bitcoin․com Halving Campaign With .Bitcoin Domains
[Apr 22, 2024 11:00 AM] In celebration of the Bitcoin halving event, Unstoppable Domains partners with Bitcoin.com to offer personalized .bitcoin domain names, enhancing user experience with simplified cryptocurrency transactions within the Bitcoin.com Wallet app…
NYSE Considers 24-Hour Trading Model in Response to Crypto Market Trends
[Apr 22, 2024 9:41 AM] Cryptocurrency markets operate continuously, trading every day of the week, around the clock. In a similar vein, reports indicate that the New York Stock Exchange (NYSE) is exploring the possibility of shifting to 24/7 operations. The data team at…
Crypto Exchange Coinex Set to Auction ‘Epic Satoshi’ From Halving Block for 1 BTC Minimum
[Apr 22, 2024 7:33 AM] At 8:09 p.m. ET on April 19, 2024, the mining pool Viabtc successfully excavated block 840,000. This block notably encompassed 37.625 bitcoins from transaction fees, alongside a 3.125 bitcoin reward. This significant block also included a rare…
Is The Bitcoin Bloodbath Over? Analysts Say $60,000 Is The Cycle’s Bottom
[Apr 22, 2024 7:30 AM] Bitcoin enthusiasts around the globe can now breathe a collective sigh of relief as the world’s premier cryptocurrency, Bitcoin, rebounds from a recent downturn. Last week witnessed Bitcoin, akin to the broader market, sliding below the…
Ethereum Technical Analysis: ETH Consolidates After Testing Key Resistance Levels
[Apr 22, 2024 6:58 AM] As ethereum continues to navigate a period of significant price fluctuations, traders are keenly observing a variety of technical signals from the 1-hour, 4-hour, and daily charts. The combination of oscillators and moving averages provides a…
Bitcoin Technical Analysis: BTC Bulls Attempt to Push Prices Higher Post-Halving
[Apr 22, 2024 6:16 AM] As bitcoin fluctuates within a defined range, Monday’s technical analysis reveals a mixed bag of signals from oscillators and moving averages. Traders face a nuanced landscape on April 22, 2024, as various charts suggest both caution and…
Woo X Introduces Tokenized US Treasury Bills for Retail Investors
[Apr 22, 2024 3:58 AM] Woo X has launched a new product offering retail customers exposure to tokenized U.S. Treasury bills, the first of its kind for a cryptocurrency exchange. The product, called RWA Earn Vaults, was developed with London-based Opentrade and provides…
FTX Estate Plans Auction for Locked Solana Tokens
[Apr 22, 2024 2:58 AM] Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision…
Bitcoin Miners Strike Gold: $107 Million Profit From Runes-Fueled Minting Spree
[Apr 22, 2024 2:30 AM] Bitcoin miners have struck a proverbial goldmine, reaping an astonishing $107 million in profits, according to data from Glassnode, a leading analytics platform. This unprecedented windfall, amassed on April 20th, underscores a significant shift in…
Latam Insights: Brazil Bans Crypto for Gambling, Worldcoin Battles Buenos Aires
[Apr 22, 2024 1:40 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil bans the use of cryptocurrency for gambling-related payments, and Worldcoin faces fines for alleged…
Chinese Embassy Advises Citizens in Angola to Avoid Crypto Mining
[Apr 21, 2024 11:33 PM] The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also urged its citizens to be vigilant of…