120 / 309 Relevant items tagged with #crypto
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Cracking the Crypto Code: ETH/BTC Signals The Next Altcoin Explosion – Here’s How
[Apr 29 3:00 PM] Recently, a seasoned crypto investor, Daan Crypto Trades, offered a fresh perspective on evaluating altcoin market sentiment. Daan believes the ETH/BTC ratio is a superior indicator of altcoin market sentiment over the SOL/BTC ratio, showing data…
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows
[Apr 29 2:32 PM] A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement…
7 AI Chatbots Predict Bitcoin’s Price Post-Halving; See $80K-$100K by Year-End
[Apr 29 12:12 PM] On April 28, 2024, the price of bitcoin was coasting along at $62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $62K mark by Monday morning ET, only to climb back above $62,000 by mid-afternoon. It has been…
Crypto Analyst Says Altcoins Are About To Enter A Parabolic Curve, Here’s Why
[Apr 29 11:00 AM] Expectations for the crypto industry are still high, and altcoins, in particular, are expected to do well. One crypto analyst known as El Crypto Prof on X (formerly Twitter), shares this sentiment, expecting the altcoin market to go on a parabolic…
GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows
This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%
[Apr 29 9:13 AM] The crypto market holds steady at a valuation of $2.31 trillion, experiencing a 2.60% decline in the last 24 hours. In the preceding week, bitcoin and ethereum each dipped between 5.4% and 1.8%. Notably, only four coins experienced double-digit…
Ethereum Fees Dive: Will This Spark A Surge In Network Activity?
[Apr 29 9:00 AM] Ethereum, the world’s second-largest cryptocurrency by market capitalization, has seen a dramatic drop in transaction fees, according to a recent analysis by Santiment, a prominent crypto analytics platform. The report indicates that the…
CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish
[Apr 29 8:00 AM] The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down…
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
[Apr 29 7:27 AM] As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious…
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
[Apr 29 6:06 AM] As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin…
Taiwanese Prosecutors Indict 32 Individuals Implicated in $24.5 Million ACE Exchange Fraud Scheme
[Apr 29 5:15 AM] At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business partner…
Polygon In Peril: Will MATIC Bounce Back Or Stay Stuck In The Sub-$1 Doldrums?
[Apr 29 5:00 AM] Polygon (MATIC), the high-speed scaling solution for Ethereum, has been on a rollercoaster ride this month. After a brutal price correction that saw MATIC tumble over 20%, a recent 24-hour surge has injected a dose of optimism into the market. But…
XRP Sees Over $12 Million Sell-Off: Whale Warning Or Buying Opportunity?
[Apr 29 2:50 AM] The once-booming cryptocurrency XRP, championed by Ripple Labs, finds itself precariously perched on a stormy sea of uncertainty. Recent weeks have been a tempestuous voyage for the digital asset, rocked by a confluence of challenges: regulatory…
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation
[Apr 28 9:38 PM] Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court…
South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil
[Apr 28 8:26 PM] Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in Brazil. According to his Brazilian wife, Steynberg left no will and had no assets that could be…
Japan’s Web3 Ambitions Hang in Balance as Political Scandal Rocks Kishida’s Leadership
[Apr 28 7:43 PM] Japan’s Prime Minister Fumio Kishida and the ruling Liberal Democratic Party are advocating Web3 development amid a major corruption scandal that threatens their political stability. With leadership elections approaching in September and…
Analyst Eyes $300K Bitcoin Price as BTC Approaches ‘Most Aggressive Part of the Bull Cycle’
Render Revving Up: Analyst Predicts Potential Climb To $16
[Apr 28 12:00 PM] Render (RNDR), the cloud-based rendering network, is stirring excitement in the crypto market with technical indicators and analyst predictions hinting at a substantial price surge in the coming weeks or months. Render Breaks Free From Technical…
Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions
[Apr 28 9:31 AM] In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH withdrawn. LSD Sector Snapshot: $198 Million Ether Withdrawn in 2…
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
[Apr 28 7:17 AM] On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that…
Bitcoin Daily Transactions Just Hit A New ATH – What’s Driving It?
[Apr 28 6:00 AM] The Bitcoin network has witnessed a surge in trading activity in the days after the halving, as shown by on-chain data. Although the just concluded halving brought a lot of attention to Bitcoin, the recent surge in trading activity can be…
Bullish Litecoin: Mystery Signal Points To $100 Price Explosion
[Apr 28 4:30 AM] Litecoin (LTC) defied the overall sluggishness of Proof-of-Work (PoW) coins this week, climbing 4% to a two-week high of $86 on April 26. This surge has rattled short sellers and ignited a potential short squeeze, with analysts predicting a bullish…
FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services
[Apr 27 11:36 PM] The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with U.S. anti-money laundering laws. The agency has provided tips for the public to protect…
Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression
[Apr 27 7:45 PM] Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators…
DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer
[Apr 27 5:31 PM] In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its…
Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports
[Apr 27 5:20 PM] Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims…
XRP Price Prediction: Analyst Says Prepare For 700% Jump To $4, Here’s When
[Apr 27 4:00 PM] The bullish predictions for the XRP price are back, even with the bulls struggling to push the crypto on a price surge. EGRAG, a cryptocurrency expert, has made one of these positive forecasts, which is that there will be a price spike of…
Expert Says Bitcoin Price Has Topped And Is In Exponential Decay, Why This Is Not A Bad Thing
[Apr 27 12:00 PM] Crypto expert Peter Brandt has boldly claimed that the Bitcoin top for this market cycle may already be in. He made this conclusion based on his “exponential decay” thesis, which he noted may actually be good for the Bitcoin ecosystem. Why…
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
[Apr 27 11:30 AM] According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor…