Search
Bitcoin rejects $70,000; here are key levels to look out for
11.3.2024
The crypto market has picked up pace in the past several months. As the world’s biggest crypto, Bitcoin leads the crowd with a clear advantage. While BTC has gained 45.59% value in the past month, it fails to stay above the $70k mark comfortably. The coin keeps fluctuating at the $70k resistance...
$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup
9.3.2024
A well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress.
The post $85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup...
Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement
8.3.2024
Authorities in Egypt recently allowed the local currency’s exchange rate versus the U.S. dollar to decrease by more than 60%. Additionally, the central bank raised interest rates by 600 basis points. Both steps were key conditions set by the IMF which Egypt had to meet before the approval of a...
Robert Kennedy Jr: Bitcoin Is Inflation Offramp — BTC Is Key to Transactional Freedom
3.3.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says bitcoin is the offramp from central banks’ “money printing machine.” Emphasizing that bitcoin is a “hard currency,” he stressed the importance of making the cryptocurrency available to the American...
Russian Allies ‘Very Interested’ in Doing CBDC Business with Moscow – Key Lawmaker
28.2.2024
Russian allies are “interested” in using CBDCs like the digital ruble for cross-border settlements, a lawmaker said on February 26.
The post Russian Allies ‘Very Interested’ in Doing CBDC Business with Moscow – Key Lawmaker appeared first on Cryptonews
Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations
26.2.2024
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...
Stablecoin Market Jumps by Over $2.5 Billion in 10 Days, Led by Rise in Key Players
24.2.2024
In the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of the fiat token crypto market has once again risen witnessing an increase exceeding $2.5 billion over the past ten days. Specifically, three stablecoins have driven this...
The 15 Best Simpsons Musical Numbers
23.2.2024
The Simpsons has been on for over 30 years at this point. In that time, the show has produced some amazing episodes and some real stinkers. But let’s not forget that Fox’s hit animated show about a suburban family trying to make ends meet in Springfield has also provided us with some incredible...
Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable
23.2.2024
Matrixport identified four key catalysts that could propel Bitcoin's Price to $63,000 in March, including the recent approval of spot Bitcoin ETFs, the upcoming halving event, and interest rate cuts.
The post Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable appeared...
Ethereum Price Prediction as Ether Bulls Eye $3K Level – How High Can the ETH Price Pump?
20.2.2024
Ethereum price predictions are becoming more bullish as the Ether price eyes a retest of the key psychologically important $3,000 level for the first time since April 2022.
The post Ethereum Price Prediction as Ether Bulls Eye $3K Level – How High Can the ETH Price Pump? appeared first on Cryptonews
Y Combinator Expands Focus to Include Stablecoin Startups
19.2.2024
Y Combinator identified 20 specific areas in its latest Request for Startups list, potentially signaling upcoming investment trends. The venture fund, known for backing early-stage tech startups, highlighted stablecoin finance as one of its key investment areas. Stablecoins are a type...
U.S. Banks Push SEC For Key Changes In Crypto Regulation Following Spot-Bitcoin ETF Exclusion
16.2.2024
U.S. Banks are pushing for the United States Securities and Exchange Commission (SEC) to change its controversial Staff Accounting Bulletin 121 (SAB 121) after they were excluded from serving as asset custodians for spot-Bitcoin exchange-traded funds (ETFs), according to a February 14th letter from...
Mexican Billionaire Outlines 4 Key Reasons to Buy Bitcoin — Says ‘You Have to Know How to Invest’
16.2.2024
Mexican billionaire Ricardo Salinas has outlined four key reasons why investors should buy bitcoin, including long-term growth potential, diversification, and protection against inflation and currency devaluation. Moreover, he advised: “You have to know how to invest and be patient, not...
Ethereum Restaking Draws $4.4 Billion to EigenLayer Amid Surging Interest
14.2.2024
Over the past 10 days, EigenLayer witnessed a major increase in inflows, receiving over $4.4 billion with its Ethereum restaking feature as a key contributor. According to data from DefiLlama, there is now $1.93 billion worth of wrapped ether tokens locked on the protocol, as well as $2.73 billion...
FCA Reviewed 44 Crypto Firms Registered in UK For Anti-Money Laundering Purposes
14.2.2024
The Financial Conduct Authority (FCA) has conducted internal reviews on 44 cryptocurrency firms registered in the country to tackle money laundering concerns. In a Feb 14 release, the regulator highlighted key areas in the UK markets including digital assets regulations. Last year, the FCA carried...
Crypto Fear and Greed Index Skyrockets Alongside Bitcoin’s Surge Above $50K
13.2.2024
A key gauge of investor sentiment, the Crypto Fear & Greed Index, currently signals strong bullish sentiment and increased risk appetite among investors. The Crypto Fear & Greed Index surged to 79, marking its highest level since Nov. 2021 when Bitcoin soared to an all-time high above...
Singapore’s Web3 Firms Call for Budget Support to Boost Talent and Security
13.2.2024
With the 2024 Budget announcement on the horizon, Singapore’s web3 community is voicing a critical need for government support. According to a recent report by The Straits Times, the Singaporean firms are specifically looking for help in two key areas: developing a skilled talent pool...
Deutsche Börse’s Subsidiary Crypto Finance Gets BaFin License
13.2.2024
BaFin, Germany’s financial regulator, has issued four licenses to Crypto Finance, a firm operated by leading stock exchange Deutsche Börse. The key licenses will allow Crypto Finance to carry out regulated digital asset trading, settlement, and custody services in Germany. The Swiss Financial...
Unlocking Ethereum’s growth: 3 key factors for explosive potential!
12.2.2024
Ethereum is a pioneer in the crypto market, supporting thousands of digital transactions, applications, and platforms, ranging from gaming, NFTs, decentralized finance (DeFi), and many more. It is often hailed as the leader of blockchain technology and dApps (decentralized applications), even if...
The Key to Making More Money During a Crypto ICO? Look Trustworthy, New Study Says
9.2.2024
A February 8 study from the Hanken School of Economics in Helsinki, Finland, has unveiled that a trustworthy appearance could boost investor funding in crypto initial coin offerings (ICOs) by an impressive 95%. For context, ICOs typically refer to the raising of capital required to launch a...