[Oct 8 3:00 AM] While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on…
[Oct 8 2:00 AM] BlackRock’s stance on cryptocurrencies—especially Bitcoin and Ethereum—has lately made headlines. While Ethereum is considered as a “technology bet,” the investment behemoth sees Bitcoin as a “gold alternative.” This…
[Oct 8 12:30 AM] JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We…
[Oct 7 11:30 PM] The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial…
[Oct 7 10:30 PM] Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto…
[Oct 7 9:30 PM] The cryptocurrency market is gearing up for a major event as Optimism (OP), Aptos (APT), and Taiko (TAIKO) prepare for token unlocks collectively valued at $169.66 million. According to data from TokenUnlocksApp, millions of dollars worth of…
[Oct 7 9:30 PM] The silver market is facing a multi-year deficit product of the extraction dynamics and the increase in the metal’s demand. Even with today’s high prices, silver production is unlikely to increase in the short or medium term given the…
[Oct 7 8:33 PM] A US bankruptcy court has officially approved crypto exchange FTX liquidation plan, paving the way for it to repay customers using $16 billion in recovered assets, according to Reuters, which reports that the ruling was made by Judge John Dorsey…
[Oct 7 5:00 PM] The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a…
[Oct 7 3:30 PM] Max Kaiser, a famous Bitcoin backer, recently caused a stir by saying that Cardano (ADA) could lose 90% of its value against Bitcoin in the next six months. His prediction has gotten a range of responses, from doubt to fun, especially from people…
[Oct 7 12:30 PM] Crypto analyst CobraVanguard has suggested that the Solana-based meme coin MYRO could be the next to reach a $1 billion market cap. This follows his prediction that the meme coin could enjoy a 200% price surge from its current level. Why MYRO…
[Oct 7 11:00 AM] With about 16% of its value lost in October 2024 alone, XRP, the native coin of Ripple, has been under heavy assault this month. The US Securities and Exchange Commission’s (SEC) fresh appeal in its continuous action against Ripple is driving…
[Oct 7 10:30 AM] Binance, one of the largest crypto exchanges, has disclosed that it does not automatically comply with account blockages imposed by Israeli authorities. According to reports, the exchange failed to comply with 86% of these requests, as the accounts…
[Oct 7 9:30 AM] Over the past weekend, there was a notable rise in memecoin prices, driven by heightened social buzz and increased risk appetite among crypto investors. The concept of a “memecoin supercycle,” which posits that memecoins will lead the…
[Oct 7 8:00 AM] Crypto analyst Ash Crypto has outlined several reasons why the Bitcoin price is poised to reach $100,000 by the end of the year. This price level is one that other market experts like Standard Chartered have predicted that the flagship crypto could…
[Oct 7 7:45 AM] The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority.
[Oct 7 6:00 AM] Starknet (STRK) faces huge losses as it follows the market-wide correction phase that shook investor portfolios. The unexpected movement caused the token to fall by nearly 16% causing a whopping $87k wipeout of STRK long positions in the past 24…
[Oct 7 4:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, El Salvador’s President Nayib Bukele meets with President Milei in Argentina, offering bitcoin advice…
[Oct 7 2:30 AM] Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of tens of billions of dong…
[Oct 7 1:30 AM] The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must…
[Oct 7 12:30 AM] The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation uncovered a secret encrypted communication platform, Ghost, leading to the arrest of its alleged mastermind…
[Oct 6 10:30 PM] Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that…
[Oct 6 5:00 PM] Bittensor (TAO) has been garnering attention for its exceptional performance, surpassing Bitcoin and the broader cryptocurrency market. TAO has experienced a 15% increase in the past 24 hours, and it has appreciated by over 130% in the past 30…
[Oct 6 3:30 PM] The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud. As of writing, the token has lost over 20% in value, representing a massive flip in investor…
[Oct 6 3:06 PM] According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8. In its more than 15 years of operation…
[Oct 6 1:10 PM] Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad encouraged site visitors to purchase the fake crypto, promising them secret rewards and redirecting them to a suspicious…
[Oct 6 9:30 AM] Marcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin and cryptocurrency. In a recent interview, Galperin stated that he believes cryptocurrencies will…
[Oct 6 4:30 AM] AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity…
[Oct 6 4:00 AM] Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant…
[Oct 6 2:30 AM] David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom…
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