Long-term Bitcoin (BTC) holders seem to be doubling down on their bullish sentiment for the crypto king, according to blockchain analytics platform Glassnode. In a new analysis, Glassnode reports that...
News
BTC miners raising capital, buying rivals, fearing Kamala and burning the planet
BTC block reward miners hope their current state of unprofitability is a temporary phase, but there doesn’t seem much hope of pulling out of this downward spiral. A glance at the press releases of the...
Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry....
GBP/USD 1.2980 aligns as key support
GBP/USD Forecast: 1.2980 aligns as key support for Pound Sterling GBP/USD preserved its bullish momentum and advanced to its highest level since July 2023 at 1.3052 on Tuesday. The pair edges slightly...
Babylon Mainnet Set to Transform BTC Staking with Self-Custody Features
Key points: Babylon is set to roll out its self-custodial Bitcoin staking mainnet in two days, marking the beginning of its phased rollout. Babylon mainnet will launch soon. It will enable Bitcoin sel...
Bitcoin Price Drops Again – Latest cryptocurrency news
Bitcoin’s price has taken another downturn today, leading the broader market to follow suit. Despite the overall decline, some altcoins have managed to rise. Notably, TRX saw a 10% increase, allowing ...
EUR/JPY bounces back to 162.50 as Yen corrects with National CPI in focus
EUR/JPY recovers to near 162.50 as Japan’s Trade Deficit weighs on the Yen. The BoJ is expected to tighten its monetary policy further this year. Investors await flash Eurozone PMI for August. The EUR...
Tron (TRX) Price Jumps 10%, Outperforms Major Altcoins
Ether (ETH) failed to break into $2,800-$3,000 price level and is trading at $2,600. TRX outperformed with a massive rally of 10.8% amid SunPump hype. SOL, TON, and KAS bled 2.53%, 2.78%, and 2.20%, r...
VanEck Confident in Solana ETF, Highlights SOL’s Decentralization
Matthew Sigel, the head of Digital Assets Research at vanEck, is optimistic about the approval of a Solana ETF, citing its Commodity status and growing decentralization. Matthew Sigel re-affirmed his ...
Suspicious politician pharma stock trade is now up 111%
As stock trades by politicians in the United States continue to draw attention due to the perceived unfair advantage they might have through their position, a pharmaceutical stock purchased by Represe...
Animoca Brands’ gaming platform GAMEE secures funding from Pantera Capital
GAMEE, the mobile gaming platform behind the WatBird game, has received an investment from Pantera Capital to expand its presence on The Open Network. Animoca Brands‘ gaming subsidiary, GAMEE, has rec...
Solana ETFs on the Agenda! When Will They Be Approved? Bloomberg Analyst Answers, Explains What the Only Chance for Approval Is!
After the approval of spot Bitcoin and Ethereum ETFs, two applications for Solana (SOL) ETFs were submitted. However, the Solana ETF applications were blocked by the SEC. Accordingly, the SEC rejected...
Riksbank delivers and remains dovish – Commerzbank
The Riksbank delivered at its meeting yesterday and cut the key interest rate by 25 basis points to 3.50%. The big question was how many further rate cuts it would signal for the rest of the year. It ...
SUNDOG Trader Gains $20M from $1.69K Investment as Memecoins Rise on Tron
A recent report from Arkham Intelligence sheds light on an impressive trading feat involving the SUNDOG memecoin on the Tron blockchain. A trader turned a modest investment of $1,690 into a staggerin...
Meme Interest Decline as Shiba Inu and Dogecoin Plummet; Attention Shifts to DTX Market
The meme narrative is the most volatile in the crypto space. They pump hard and their dumps are equally astounding; hence, they are more risky than utility tokens. Amid declining meme interest, leadin...
Is Warren Buffett losing confidence in this stock?
After revealing a revamped stock portfolio in his 13F fillings, the second quarter for Warren Buffett showed that he abstained from selling Bank of America (NYSE: BAC) stock during this period; howeve...
What Does This Recent Consolidated Dip Mean to Bitcoin (BTC)?
Bitcoin price declined by 2.58% in the last 24 hours, slipping down to $58.6K. Mt. Gox has moved 13,265 BTC worth $784 million. Bitcoin (BTC) has fallen below $59,000 again, leaving traders and invest...
Gala Games Issues Community Warning Amid Rising Scams
Rongchai Wang Aug 21, 2024 10:46 Gala Games warns its community about increasing scams targeting digital communities, highlighting the importance of vigilance and robust security practices. Gala Games...
Governor’s interview ends zloty rally – ING
The quiet day in the region yesterday was disrupted at the end of the day by headlines from an interview with the Governor of the National Bank of Poland (NBP) after the non-monetary decision meeting....
Binance Hit with New Lawsuit Over Money Laundering
Binance, one of the largest cryptocurrency exchanges, is facing a new class action lawsuit. This legal action accuses the company of being involved in money laundering activities. In this article, we’...
Solana (SOL) forms strong base for next stage of bull market
Despite all the noise around the Spot Solana ETFs having almost zero chance of being approved this year, the $SOL price has formed a beautiful base structure from which to go higher. $SOL follows simi...
Bitcoin’s historical performance reveals when the next BTC peak could come
The start of 2024 brought renewed euphoria for Bitcoin (BTC) as the world’s premier cryptocurrency continued the late 2023 rally, saw the approval of the first-ever BTC exchange-traded funds (ETFs) in...
Institutional Bitcoin ETF ownership led by Wisdom Tree at 92%, IBIT at 47%
Quick Take Matthew Sigel, head of digital assets research at VanEck, noted the institutional ownership in Bitcoin ETFs, reflecting the growing interest in these financial instruments. A breakdown of i...
Bitcoin’s Market Dominance Grows, Sustained by Long-Term Holder Support
Following the cycle low in November 2022, capital has progressively shifted towards the leading cryptocurrencies at the top of the digital asset risk curve. Bitcoin, for one, has seen its dominance ex...
Much ado about nothing? – Commerzbank
Why is our job as a currency analyst so exciting? The market often likes to focus on different events that it considers interesting and relevant for exchange rates. This is why otherwise boring facts ...
5 things to expect from US jobs report data: numbers, warnings, and reactions
The Postal Square Building in Washington, D.C. which houses the Bureau of Labor Statistics. Photo by AgnosticPreachersKid from Wikipedia. Key Takeaways Goldman Sachs warns the upcoming BLS job report ...
UEEx: The crypto exchange tapping into Telegram’s massive user base
UEEx: The Crypto Exchange Tapping into Telegram’s Massive User Base By 2024, Telegram has solidified its position as one of the world’s leading messaging platforms, reaching 900 million monthly active...
JPY reduces year’s losses – DBS
Following the unwinding of carry trades, the Japanese Yen (JPY) has reduced this year’s losses to -2.8% ytd on Tuesday vs. -13% in early July, DBS Senior FX Strategist Philip Wee notes. JPY stays posi...
Solana Users Targeted by Malicious Chrome Extension
Jupiter, a Solana-based DEX aggregator, has issued an urgent alert to its users about a malicious Chrome extension targeting DeFi users on the Solana network. The “Bull Checker” extension targets the ...
Cardano Chang Hard Fork Set To Roll Out Next Week
Intersect, a key member-based organization dedicated to the Cardano ecosystem, has announced the official timeline for the upcoming Chang hard fork via X. This update is pivotal in the ongoing develop...
Tether to Develop UAE Dirham-Pegged Stablecoin
Tether, the largest company in the digital asset industry, announced today plans for the addition of a new stablecoin that is pegged to the United Arab Emirates Dirham (AED). Set to be launched in col...
The forecasts of the price of Bitcoin according to the vision of Nansen
With the volatility that characterizes the crypto market, price predictions for Bitcoin take on central importance for anyone wishing to understand the dynamics of risk and opportunity, here’s what Na...