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Ethereum Technical Analysis: ETH Bulls Continue to Break Upper Resistance Levels
8.12.2023
On Friday, December 8, 2023, ethereum’s trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether’s market cap of $283 billion, accompanied by a strong 24-hour trading...
Top Miners Spend $1.2 Billion In Pre-Halving Machine Shopping Spree + More News
8.12.2023
Source: AdobeStock / arinahabich Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Top Miners Spend $1.2 Billion In Pre-Halving Shopping Spree UK Crypto Market Grew 137% in a Year, Surpassing...
Shiba Inu (SHIB) rally finally manages to remove one zero as Retik Finance (RETIK) Presale raises more than $200k in the first 24 hours
8.12.2023
As we move towards the end of 2023, milestones are achieved, and trends shift at a remarkable pace. The recent rally in the Shiba Inu (SHIB) coin is a testament to the dynamic nature of this space. As over 20 billion SHIB tokens are poised to disappear into the burn wallet, the crypto community...
Tether’s Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets
7.12.2023
Tether, the leading stablecoin by market capitalization, has seen its supply increase by 5.5% in the last month, achieving a significant market valuation of $90 billion. Since 2015, Tether’s Market Cap Has Swelled by 35,912,812% Since the dawn of 2023, tether (USDT) has experienced...
Binance Will Lose Dominance After Plea Deal: Head of Digital Assets Research at VanEck
7.12.2023
Source: Adobe Binance, the largest cryptocurrency exchange in the world, is expected to lose its leading position following the guilty plea to US charges and a record $4.3 billion penalty. While the total market value of cryptocurrencies has surged by 12% or $180 billion in the past week, Binance...
Shiba Inu Price Prediction as 8 Billion SHIB is Burned in 24 Hours – Time to Buy?
7.12.2023
The Shiba Inu price has dropped by 5.5% in the past 24 hours, slipping to $0.00000953 as the crypto market as a whole suffers a 1.5% dip. Even with today’s losses, SHIB remains up by 16% in a week, with the famous meme token benefiting from market-wide optimism and bullishness this week....
Bitcoin Price Prediction as Billionaire Michael Saylor’s BTC Holdings Surpass $2 Billion in Profit – Time to Buy?
7.12.2023
In the constantly evolving landscape of cryptocurrencies, Bitcoin has recently hit a notable milestone, surging past $44,000 and marking a staggering 160% increase this year. This surge is primarily fueled by two pivotal factors: the growing optimism over the anticipated US approval of a Bitcoin...
Elon Musk’s X Secures 12 Money Transmitter Licenses — X.AI to Raise $1 Billion in Equity Offering
6.12.2023
Elon Musk’s social media company, X, has obtained 12 money transmitter licenses across the United States. Furthermore, his artificial intelligence (AI) company, X.AI, stated in a filing with the U.S. Securities and Exchange Commission (SEC) its intention to raise $1 billion in an equity...
Bitcoin Technical Analysis: BTC Retraces at Formidable $44,500 Resistance Barrier
6.12.2023
As bitcoin’s price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal caution. Bitcoin Bitcoin’s (BTC) market...
Bitcoin Ordinals Token Tap $1 Billion Market Cap as BTC Moves Past $43,500
6.12.2023
Source: Pixabay / Michael Wuensch Bitcoin (BTC) has recorded a massive uptick in the past week surging above 14% as the wider market rebounds igniting bullish sentiments hinged on several factors. The refueled rally of the market leader comes on the heels of increased network activity pushed by...
Bitcoin Futures Open Interest on CME Hit $5 Billion
6.12.2023
Source: Adobe Stock Bitcoin futures open interest on the Chicago Mercantile Exchange (CME) – has seen a spike rising from $2.20 billion on September 30th to $5.09 billion today, according to data from Glassnode. The rise in open interest is due to bitcoin’s ongoing uptrend to $44,400 on Tuesday...
Dogecoin Price Prediction as DOGE Hits 8 Month Highs on Elon Musk’s Plans to Raise $1 Billion for X.AI – Can DOGE Hit $1?
6.12.2023
Source: Pexels Dogecoin (DOGE), the first major meme cryptocurrency that powers the decentralized layer-1 Dogecoin blockchain, hit eight-month highs above $0.095 on Tuesday, with sentiment rising on the news that Elon Musk’s X.AI company is set to raise $1 billion via an equity offering, as per...
Crypto Firms Should Use Binance’s Settlement As a “Template” For How to Operate, Says CFTC Commissioner Kristin Johnson
5.12.2023
Source: Pixabay Binance’s $4.3 billion fine from the Commodity Futures Trading Commission should be used as a “template” for how to operate, CFTC Commissioner Kristin Johnson said. Speaking at the Financial Times’ Crypto and Digital Assets Summit: Winter Edition on Tuesday, Johnson asserted that...
Bitcoin Price Prediction as BTC Pulls Back From $42,000 – When is the Next Leg Up?
5.12.2023
Bitcoin, currently standing as the premier cryptocurrency, has witnessed a remarkable surge, pushing its price to a striking $41,765. Accompanied by a substantial 24-hour trading volume of $27 billion, Bitcoin has experienced an impressive upswing of nearly 6% in the last day alone. This notable...
Bangladesh’s savings update: Forex reserves fall to $15.82 billion
5.12.2023
Bangladesh foreign exchange reserves 2023 have been declining with net reserves currently at $15.82. Bangladesh forex reserves were at $48 billion in August 2021, recording the highest foreign exchange or simply forex is the act of trading currencies. Forex traders speculate on the price movements...
BRC20 Token ORDI Hits $1B Market Cap Amid Crypto Surge, Soaring 676% in a Month
5.12.2023
In the recent surge in the cryptocurrency market, the BRC20 token ORDI has experienced substantial growth. This week, it reached a new milestone with its market capitalization surpassing the $1 billion threshold. The token’s value has soared by 676% in the past month and by 189% in just...
Richard Teng Says Binance Has Changed Following Record-Breaking Compliance Settlement
5.12.2023
Binance CEO Richard Teng says the company has fundamentally changed following a massive $4.3 billion settlement over compliance issues. Image by Koukichi Takahashi, Adobe Stock. On Tuesday, new Binance CEO Richard Teng stated in an interview with Cointelegraph that Binance is now “totally...
Binance's Multi-Billion CFTC Penalty Was 'Heightened,' Says Commissioner Kristin Johnson
5.12.2023
Johnson clarified that the agency sued the crypto exchange because it "simply failed to comply with regulation."
SEC’s Absence at Binance Settlement Announcement Raises Questions
5.12.2023
SEC building. Source: Adobe / qingwa The recent $4.3 billion settlement between Binance and various US government agencies, announced by top Biden administration officials, has stirred controversy due to the absence of Securities and Exchange Commission (SEC) Chair Gary Gensler at the announcement....
Tether’s Bitcoin Holding Profit Surges to $1.1 Billion as Leading Cryptocurrency Surpasses $42,000
5.12.2023
Source: Adobe/Jim Tether, the company behind the world’s largest stablecoin, has witnessed a significant increase in the value of its Bitcoin (BTC) reserves, surpassing $1 billion in profit. According to data accumulated by crypto analyst EmberCN, Tether currently holds 57,576 BTC, equivalent...