Bitcoin experienced a highly positive trading week, with its price skyrocketing to over $67,000 – the highest it has been in almost a month. The digital asset retraced slightly to just over $60,000 last Friday before bouncing back and climbing to $63,000 on Monday. Despite a brief dip to $61,200 on Tuesday, Bitcoin saw a
Magic Square has introduced Magic Launchpad, an Initial DEX Offering (IDO) platform that seeks to revolutionize the way early-stage projects raise funds. With a vast user base of over 4.5 million unique wallets and a thriving community of more than 1400 registered projects, Magic Square is poised to offer a comprehensive solution for growth hacking,
The Chinese police recently made headlines for busting a massive underground banking operation that utilized the popular stablecoin Tether (USDT) to facilitate transactions worth 13.8 billion yuan ($1.9 billion). This operation, which was based in Chengdu Municipal, involved 193 suspects who were directly linked to the criminal activities. It was reported that the police managed
The recent surge in Bitcoin price, reaching above $67,000, can be attributed to various factors, one of which is the increase in the supply of the stablecoin USDT. According to a report by LookonChain, the Tether Treasury has minted an additional 1 billion USDT, indicating a rising demand for the stablecoin. With USDT being the
Mollars (MOLLARS) is a new store of value altcoin that is rapidly gaining popularity in the crypto space. The ICO for Mollars is quickly approaching US$1.5 million, with 72% of the tokens already sold during the initial coin offering. This digital asset is being touted as the answer to Bitcoin for Ethereum Blockchain’s 250-million wallet
The recent surge in the cryptocurrency market, particularly with Bitcoin’s price soaring from $61,000 to above $67,000, has left many investors wondering about the driving forces behind this significant rally. One key factor highlighted by popular blockchain analytics firm CryptoQuant is the decreased selling pressure in the BTC market. Short-term holders are reportedly selling at
One of the key factors that could potentially contribute to Dogecoin flipping Ripple’s market cap is the influence of Elon Musk. Having Musk as a supporter brings enormous credibility and publicity to Dogecoin, creating a strong foundation for growth. On the other hand, Ripple needs a champion with a similar cachet to stay ahead in
The world of artificial intelligence (AI) and cryptocurrency has been rapidly evolving in recent months. With the introduction of a new ChatGPT model by OpenAI, the potential for growth in this niche market has been on the rise. As the total market capitalization of AI-related cryptocurrencies surpasses the $30 billion mark, investors are looking for
One of the major players in the cryptocurrency exchange space, Coinbase, has expressed a level of optimism regarding the approval of spot Ethereum ETFs by the SEC. Despite the current uncertainty surrounding the decision, Coinbase Institutional Research Analyst David Han believes that there is a 30% to 40% chance of approval by the end of
Recently, Oklahoma made history by becoming the first state in the United States to legally protect the right to self-custody Bitcoin. With the passing of bill HB3594, residents are now able to hold, control, and use digital assets without the fear of state interference. This new legislation also covers digital asset mining and ensures that
The recent surge in the Solana meme coin market has brought attention to the explosive growth of ETF token, which has seen a remarkable +207% increase in just 24 hours. The current market price of ETF token stands at $0.00134, with a significant 24-hour change of +202%. The price action of ETF token has been
A recent prediction by a crypto analyst has sparked excitement within the cryptocurrency community. The analyst, known as ‘Yoddha’, has set a bold timeline for Ethereum’s journey to new all-time highs, specifically targeting a price point above $10,000. This forecast has generated speculation and intrigue among investors and enthusiasts alike. Yoddha’s prediction is not based
In the volatile world of cryptocurrency markets, understanding the factors that influence price action is crucial for both analysts and investors. Recently, cryptocurrency expert Ali Martinez has delved into the fluctuations in Bitcoin’s price by applying the basic economic theory of supply and demand. It is widely recognized that the price of any asset, including
Recently, crypto analyst Crypto Jebb pointed out an inverse heads and shoulders pattern on the Bitcoin chart. According to him, this bullish pattern suggests that Bitcoin might be gearing up for another rally, potentially pushing its price up to $100,000. Jebb mentioned in a video on his YouTube channel that this pattern, which he had
The cryptocurrency market experienced a surge in green today, with several leading digital assets, including Solana (SOL), Cardano (ADA), and Chainlink (LINK), seeing substantial gains. Amidst this positive market sentiment, Doland Tremp (TREMP), a Donald Trump-themed meme coin, stood out by skyrocketing 60% in the past 24 hours, reaching a new all-time high of $1.07
The Pepe (PEPE) price has recently experienced a 12% drop from its peak, leaving many traders wondering if now is the right time to buy the dip. Despite the recent pullback, Pepe still holds strong above its major short-term moving averages, indicating that the bulls are still in control of the market. Additionally, the meme
Paradise Tycoon, the multiplayer RPG game developed by Empires Not Vampires Ltd, has recently unveiled its highly anticipated Beta 2 version on May 15th. This latest update brings with it a range of new features and improvements designed to enhance the overall player experience. One of the standout additions in Beta 2 is the integration
The US Treasury Department is taking a proactive approach to address the risks posed by cryptocurrencies and other emerging technologies in the fight against illicit financing. With a focus on comprehensive regulation, the Treasury aims to mitigate the misuse of digital assets by illicit actors while promoting transparency and security in the financial system. In
Recently, France’s Autorité des Marchés Financiers (AMF) issued a warning to French crypto investors regarding the Bybit platform. The AMF stated that Bybit is not a registered platform in the country and urged retail investors to be cautious when considering investment proposals from the platform. Bybit, being the third-largest crypto exchange by trading volume according
The crypto market has been witnessing a significant shift in dynamics, particularly in the comparison between Ethereum’s Ether (ETH) and Bitcoin (BTC). More than 19 months after Ethereum’s Merge upgrade, it is evident that Ether is struggling to keep up with Bitcoin, with the ETH/BTC price ratio hitting a three-year low at 0.044. This trend
Bitcoin recently surged past $66,000, marking a significant milestone since April. One of the key factors believed to be driving this recent price rally is the release of inflation data. The Consumer Price Index (CPI) inflation data, announced on May 15, came in lower than expected, with a rise of 0.3% in April. This lower-than-expected
The meme coin market has been buzzing with excitement as Roaring Kitty makes a comeback, sparking interest in various coins. Wall Street Pepe initially led the pack but experienced a dramatic crash in price. The surge and subsequent collapse in price have left investors reeling, questioning the stability of meme coins as investment opportunities. Price
Apeiron Guild Wars 2024 is shaping up to be the ultimate showdown for guilds across the globe. With a staggering $1,000,000 USD prize pool up for grabs, split between USDC cash, tokens, and NFTs, the competition is bound to be fierce. In addition to the thrilling battles, Apeiron will be introducing the $ANIMA token and
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been showing signs of a potential rebound, according to analysts. One analyst, Ali, has pointed out a key signal on Ethereum’s daily chart that suggests a forthcoming price surge. The TD Sequential indicator has issued a strong buy signal, indicating a potential upward movement lasting one
The recent surge of Bitcoin to over $73,000 in 2024 has caught many by surprise, but not crypto analyst BitQuant. Back in 2023, BitQuant correctly predicted that Bitcoin would reach a new all-time high before the fourth halving. Now, the analyst has unveiled a new prediction, setting a target of $95,000 for the cryptocurrency. Unlike
Cryptocurrency analyst Javon Marks recently pointed out several metrics that are turning bullish for Ethereum (ETH). One notable metric is the formation of a bull flag-like price structure on the Ethereum chart, suggesting a potential all-time high for the second-largest crypto token. Marks highlighted the presence of higher lows in Ethereum’s price action, indicating a
The cryptocurrency market has been experiencing relatively stagnant movement recently, with a decline in overall market cap. However, today saw a slight increase in activity, particularly for Ethereum (ETH). Trading at $2,977.88, ETH has seen a 2.6% increase over the past 24 hours. Despite this short-term uptick, senior market analyst Alex Kuptsikevich pointed out challenges