102 / 238 Relevant items tagged with #cryptocurrency
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Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It Scales
[Apr 16, 2024 3:34 PM] Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade…
Core Scientific Set to Boost Texas Mining Facility by 72 MW Ahead of Bitcoin Halving
[Apr 16, 2024 1:27 PM] With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts. This project is scheduled for completion by the end of the second quarter of 2024…
Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs
Arkham Releases Top 5 Crypto Rich List – You Won’t Believe How Much Is Inaccessible
[Apr 16, 2024 11:00 AM] Arkham Intelligence, an industry leader in on-chain data tracking, has released a list of the richest people in crypto according to their wallet balances. This list has been making the rounds in the crypto community due to the top 5 alone being…
Drift Foundation Announces 100 Million Token Airdrop for Solana-Based Dex Users
[Apr 16, 2024 10:29 AM] On April 16, 2024, the Drift Foundation, which supports the Solana-based decentralized exchange (dex) platform Drift, disclosed plans to distribute 100 million tokens to its users. The tokens will function as the platform’s governance coin…
Miners Race to Discover Block 840,000 as Bitcoin Halving Nears
[Apr 16, 2024 9:13 AM] Many enthusiasts in the Bitcoin community were anticipating the next halving to coincide with Saturday, April 20, 2024, but the latest data suggest it will likely occur a day earlier, on April 19. Despite a recent uptick in mining difficulty…
Imminent BTC Supply Squeeze: Bybit Report Suggests Bitcoin Exchanges to Run Dry in 9 Months
‘We Sold Everything Last Night’, Reveals Crypto Research Firm
[Apr 16, 2024 7:00 AM] Markus Thielen of 10x Research unveiled a significant shift in his crypto strategy in response to mounting financial pressures and market instability, as detailed in an investor note released earlier today. Thielen, an influential figure in the…
Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar
[Apr 16, 2024 6:21 AM] The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield synthetic dollar. The newly introduced stablecoin is engineered to uphold a self-sustaining peg via…
Hans Zimmer Composes Anthem for TRON, Coining It the ‘Web3 Generation’ Theme Song
[Apr 16, 2024 4:09 AM] Academy award-winning composer Hans Zimmer has created an anthem for TRON, founded by the controversial entrepreneur Justin Sun, a prominent figure in the cryptocurrency space known for his brash personality. The Tron Anthem by Zimmer, dubbed the…
Experts: Nigeria’s Binance Crackdown Shakes Investor Confidence
[Apr 16, 2024 3:37 AM] The Nigerian government’s crackdown on cryptocurrency exchanges, including its targeting of Binance, has prompted some cryptocurrency firms to reconsider plans to either enter or further invest in the West African nation. A founder of a…
Runes Protocol to Debut Alongside Bitcoin Halving, Could Boost BTC Ecosystem
[Apr 16, 2024 1:31 AM] As the halving is set to occur between April 19-20, 2024, a substantial number of crypto enthusiasts are eagerly preparing for the Runes protocol. The concept of Runes was developed by the creator of Ordinals, Casey Rodarmor, and has been met with…
Bank of Russia Supports Cryptocurrency Usage for International Settlements
[Apr 15, 2024 11:34 PM] The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched…
Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme
Binance Executive Located in Kenya After Escaping Nigerian Custody
[Apr 15, 2024 9:39 PM] Nadeem Anjarwalla, the executive from Binance who escaped custody in Nigeria, has reportedly been found in Kenya. Law enforcement agencies in Nigeria, spearheaded by the Economic and Financial Crimes Commission (EFCC), are in talks with their…
HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization
Trust Wallet Advises Apple Users to Disable Imessage Amid Fears of Zero-Day Exploit
Former Bitmex Chief Expects Crypto Prices to ‘Slump’ Around the Bitcoin Halving
Analyst Predicts $650K Bitcoin Price Once ETF Investors Fully Deploy Asset Manager Recommendations
[Apr 15, 2024 4:27 PM] Popular onchain analyst Willy Woo has predicted a potential bitcoin price surge to $650,000 at the bull market’s peak. His prediction hinges on spot bitcoin exchange-traded fund (ETF) investors fully deploying their assets based on…
Worldcoin Faces Over $1 Million in Fines in Buenos Aires for Legal Violations
[Apr 15, 2024 3:37 PM] Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users’ digital information. Buenos Aires…
Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update
[Apr 15, 2024 3:00 PM] Solana’s price saw a notable recovery on Monday after a steep decline over the past seven days. This was supported by positive developments in the Bitcoin (BTC) and Ethereum (ETH) markets, which came alongside the approval of exchange-traded…
Liquid Staking Derivatives Lose Ground With Over 380,000 ETH Withdrawn in April
[Apr 15, 2024 2:39 PM] Following a significant downturn in March, liquid staking derivatives (LSD) protocols experienced another withdrawal of 380,000 ether, valued at roughly $1.17 billion, from leading LSD platforms since April 1, 2024. Ethereum Exodus: $1.17 Billion…
Tether Announces Upcoming Release Of Multi-Chain Tokenization Platform
[Apr 15, 2024 1:36 PM] Tether is preparing the release of an in-house developed tokenization solution. Paolo Ardoino, CEO of Tether, announced on social media that the company is on the verge of releasing a white-label, multichain tokenization platform available for…
Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch
[Apr 15, 2024 12:34 PM] Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year. LBBW revealed its collaboration with Bitpanda, based in Austria, and stated that it will begin these…
Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021
[Apr 15, 2024 12:30 PM] Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly…
Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market Declines
[Apr 15, 2024 11:20 AM] The past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick…
ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B Inflow Estimate
Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
[Apr 15, 2024 8:24 AM] A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2 billion mark. The performance of these mining stocks has declined compared to their stronger start earlier this year…
Ethereum Technical Analysis: ETH Teeters Between Bullish Breakout and Bearish Continuation
[Apr 15, 2024 7:06 AM] As ethereum fluctuates within a wide trading range from $2,991 to $3,266 on April 15, 2024, key technical indicators and chart patterns suggest a nuanced but potential shift in market sentiment. Despite a bearish trend over the past week, recent…