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Bitcoin Technical Analysis: BTC’s Bullish Momentum Signals Strong Market Confidence on Valentine’s Day
[Feb 14, 2024 7:03 AM] Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase…
Former Binance CEO Changpeng Zhao’s Sentencing Delayed to April 30, Court Notice Reveals
[Feb 14, 2024 6:30 AM] A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April 30. A Seattle Federal Court notice did not share reasons for the delay in Zhao’s sentencing while his lawyer reportedly…
Voyager Investors Sue the NBA and New Jersey’s Oldest Law Firm
[Feb 14, 2024 5:00 AM] Investors in the bankrupt cryptocurrency exchange Voyager Digital are suing the National Basketball Association (NBA), and New Jersey’s oldest law firm, McCarter & English. This emerging legal battle illustrates how even some of the largest and…
Sushi Partners With Layer N to Launch High-Speed Derivatives Exchange
[Feb 14, 2024 3:30 AM] Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling technology, Sushi revealed on Tuesday. The partnership aims to rival centralized exchanges by…
Philippines to Develop Blockchainless Wholesale CBDC in Two Years
[Feb 14, 2024 2:00 AM] The Central Bank of the Philippines will develop a central bank digital currency (CBDC) in the next two years, according to Governor Eli Remolona Jr. The still unnamed CBDC will focus on the wholesale market and won’t use blockchain tech…
Torrevieja to Become the First Crypto Friendly City in Spain
[Feb 14, 2024 12:30 AM] Torrevieja, a city of almost 90,000 inhabitants, aims to become one of the first crypto-friendly locations in Spain. The city, in alliance with Apymeco, its merchant association, will incentivize using cryptocurrency as a payment option and give…
Stacks (STX) Skyrockets Over 43% And Smashes $2 Threshold, Setting Sights On New All-Time Highs
[Feb 13, 2024 11:00 PM] Stacks (STX) has garnered significant attention in the cryptocurrency industry as it emerges as a leading altcoin contender. With an impressive performance surpassing all top 100 tokens, except for Dymension (DYM), Stacks has witnessed a remarkable…
Bitcoin Has Become World’s ‘Most Popular Investment Asset,’ Says Microstrategy Chairman
Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts
[Feb 13, 2024 9:00 PM] The latest US inflation data significantly impacted the Bitcoin price and most of the cryptocurrency market, with some exceptions. According to a report from the Labor Department, inflation rose more than expected in January, driven by higher…
Skybridge Founder Says It’s Not Too Late to Buy Bitcoin — Foresees ‘Face-Ripping Rally Incoming’
Peter Schiff Warns of Bitcoin ‘Pump and Dump’ — Expects to See a ‘Massacre’
Umoja Launches Beta Hedging Service to Bolster Crypto Investment Safety
[Feb 13, 2024 5:00 PM] On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging…
Billionaire Peter Thiel’s VC Firm Bought BTC and ETH Worth $200 Million in Latter Half of 2023
[Feb 13, 2024 3:30 PM] Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its…
Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition
Solana Mobile’s Chapter 2 Reaches 100K Preorders, Guarantees Production
[Feb 13, 2024 10:30 AM] Solana Mobile, a smartphone-focused subsidiary of Solana Labs, has announced that its second mobile phone, Chapter 2, has reached 100k preorders in less than 30 days, hitting a milestone that now guarantees the production of the hardware device…
Bitcoin Braces for Record Difficulty Surge Ahead of Retarget as Miners Push Network to New Heights
[Feb 13, 2024 8:30 AM] Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network. Current projections forecast an estimated difficulty surge ranging from 8.45% to 9.2%, setting the record for the steepest…
Bitcoin Mining Stocks Surge — Double-Digit Gains Highlight Rapid Growth in Digital Currency Sector
[Feb 13, 2024 6:30 AM] As bitcoin and the broader crypto market have surged, shares of publicly traded mining companies have seen substantial growth. Data shows that, in the last five days, stocks of many of these firms have experienced double-digit increases in value…
As the Blockchain Industry Loses Billions Annually to MEV, the Solution Is Staring Us in the Face — Neo Founder Da Hongfei
[Feb 13, 2024 5:00 AM] Imagine the scene: You’re sitting at the card table, and every hand you’re dealt is terrible. But the cards never get better; the dealer has full sight of the deck and sets the order of the cards before they’re played. The dealer always wins. The…
Ethiopia’s Affordable Hydropower and Adoption of Crypto Mining Attracts Chinese Bitcoin Miners
[Feb 13, 2024 3:30 AM] The Ethiopian state electricity company has reportedly signed power supply agreements with 21 mainly Chinese bitcoin miners. The African country’s pursuit of foreign exchange has seemingly taken precedence over the concerns often raised by…
Bitso Reveals Latam Is Bitcoin Territory With a Stablecoin Frenzy in Argentina
[Feb 13, 2024 2:00 AM] Bitso, a Mexico-based cryptocurrency exchange with a presence in several countries of Latin America, has revealed the trends that its user base followed during 2023. Bitso Argentina CEO Julian Colombo disclosed that while Bitcoin was still the most…
Report: Spot Bitcoin ETFs Lead Crypto Investment Surge With Record Inflows
[Feb 13, 2024 12:30 AM] In a recent turn of events, spot bitcoin exchange-traded funds (ETFs) emerged as the market leaders in the realm of cryptocurrency investment products last week. According to a recent report by Coinshares, these funds attracted $1.1 billion in…
Bank of Russia Detected Over 5,700 Pyramid Schemes in 2023
[Feb 12, 2024 11:00 PM] The Bank of Russia reported that the number of pyramid schemes and illegal lending providers in Russia rose to over 5,700 in 2023, an increase of 15.5% over the number detected in 2022. Specifically, the number of pyramid schemes detected increased…
SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
[Feb 12, 2024 9:30 PM] The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules…
Dave Ramsey’s Team Insists Crypto Isn’t a Good Investment — Says It’s ‘Risky for a Lot of Reasons’
Ethereum Co-Founder Vitalik Buterin on Tackling Deepfake AI Risks: ‘Ask Security Questions’
[Feb 12, 2024 3:30 PM] Vitalik Buterin, a co-founder of the cryptocurrency project Ethereum, has raised an alert on using deepfakes, videos created using artificial intelligence (AI) to try to impersonate human beings, to persuade others about making financial…
ERC-404 Sector Plunges: Market Capitalization Drops By 29% In 24 Hours
[Feb 12, 2024 2:00 PM] Surprisingly, the newly introduced Ethereum (ETH) token standard, ERC-404, made an impressive debut in the crypto market, outperforming many other digital assets. However, as Bitcoin (BTC), the dominant cryptocurrency, began to rally, investors…
Bitcoin Halving 2024 — Grayscale Study Reveals Unprecedented Market Evolution
[Feb 12, 2024 1:30 PM] According to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated to take place between April 19 and April 21…
Bitcoin Soars Past $49K, Eyes $50K Milestone Amid Global Trading Frenzy
[Feb 12, 2024 11:15 AM] Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $50,000, marking a 3.7% increase over the past day…
BREAKING: Bitcoin Price Hits $50,000 – The Big Question: How Much Higher Can BTC Go?
[Feb 12, 2024 10:40 AM] The Bitcoin price has experienced a significant surge, surpassing the $50,000 mark as Wall Street exchange-traded funds (ETFs) gained approval from the US Securities and Exchange Commission (SEC) on January 11. This bullish momentum, coupled with…