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Bitcoin Price Prediction as Minor Correction Occurs – Is a Rebound Imminent?
8.12.2023
Bitcoin (BTC), the dominant force in the cryptocurrency market, has impressively held its ground, with its price oscillating around the $43,500 level. This resilience is primarily fueled by a buoyant sentiment pervading the crypto market, drawing on a mix of anticipation and optimism. #Bitcoin ...
Crypto Whales Are Slowly Accumulating a Hidden AI Crypto Gem – Here’s What You Need to Know
8.12.2023
Crypto whales target the AI crypto Launchpad XYZ before it gains mainstream popularity. Image by Kerem Goktug Kaya, DALL-E 3. Cryptocurrency has minted a new class of ultra-wealthy investors who exert major influence over the volatile digital asset markets. Commonly known as “crypto whales,” these...
U.S. Congress Excludes Crypto Provisions in Final Defense Bill
8.12.2023
U.S. Congress released the National Defense Authorization Act for 2024 this week, but failed to include crypto provisions in the critical piece of legislation. A “must-pass” bill The National Defense Authorization Act for the Fiscal Year of 2024, or FY24 NDAA, missed the boat in regards...
NFT Trading Volume Surges 125%, Nears $1B in November: DappRadar Report
8.12.2023
Source: AdobeStock Digital collectibles or non-fungible tokens (NFTs) are currently experiencing a resurgence despite the ongoing bullish momentum in the broader crypto market. Capturing this shift, DappRadar’s November industry report revealed that the NFT ecosystem has sustained a positive...
US States Collaborate to Drive Blockchain and Cryptocurrency Adoption
8.12.2023
Source: AdobeStock While United States federal policymakers look to implement cryptocurrency and blockchain regulations, state-led organizations are taking initiatives to ensure that policy focused on cryptocurrency and blockchain adoption pass within the U.S. This is important to consider given...
This Week’s Biggest Gainers and Losers: BONK, ORDI, BTT Lead Triple-Digit Growth in Booming Crypto Market
8.12.2023
In the last week, bitcoin’s value surged by over 14% while ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed substantial gains throughout the seven-day span. Top Coins...
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...
Dogecoin Price Prediction as DOGE Hits 8 Month Highs – Can It Sustain This Growth?
8.12.2023
Dogecoin (DOGE), the famed meme cryptocurrency, has recently soared to an 8-month high, trading around $0.09782. This remarkable surge, highlighted by a peak at $0.10 on Wednesday, signals a robust bullish momentum in the crypto arena. The rally is underpinned by a favorable market sentiment and...
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...
Bitcoin Technical Analysis: A Lull in Bullish Activity as BTC Enters Consolidation
8.12.2023
As bitcoin stabilizes near $43,654, its market dynamics reveal a mixture of optimism and caution. Oscillators are currently in a neutral to bearish state, and moving averages are indicating a robust buying trend, creating a complex scenario for investors. Bitcoin Presently, bitcoin’s price...
Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
8.12.2023
Dec. 8th, Panama,Panama City – Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter...
Samourai Wallet Calls out Ocean Pool for Censoring Whirlpool Privacy Transactions
8.12.2023
Samourai, a privacy-focused bitcoin wallet, revealed the changes in the recent Bitcoin Knots software used by Ocean, a Bitcoin mining pool, censor Whirlpool transactions, a kind of coinjoin operation. The wallet explained that Ocean is pursuing a “very slippery slope” by filtering...
Top Crypto Gainers Today on DEXTools – PPFace, Gemini, SECT
8.12.2023
Blue-chip cryptocurrencies are having another strong day today, with the top crypto gainers seeing increases of up to 16% in 24 hours and 30% in a week. Today’s bullish performance comes as the market continues to gain momentum en route to what many are expecting will be a full-on bull market...
US Lawmakers Introduce Bipartisan Anti-Crypto Terror Finance Bill in Senate
8.12.2023
Source: AdobeStock A group of bipartisan United States lawmakers have introduced a bill to the Senate aimed at preventing terror organizations and their financial enablers from accessing financial aid in fiat and digital assets in the country. Billed to be cited as The Terrorist Financing...
Nigerian Crypto Firm Bitmama to Pay $1 Million for Startup That Raised $3 Million in February
8.12.2023
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $1 million. Reports of Payday’s acquisition come almost a year after the startup raised $3 million in a funding round. Bitmama’s Pivot From Crypto The Nigerian crypto platform...
Safe, Sygnum Bank, CoinCover Partner to Launch Optional Crypto Recovery Hub
8.12.2023
Source: Sygnum Smart wallet infrastructure provider Safe is partnering to launch a curated suite of crypto recovery options, dubbed “Safe Recovery Hub.” The service is offered in collaboration with global digital asset banking group Sygnum Bank and the UK-regulated recovery service provider...
Solana Price Prediction as SOL Surges 14% to $71 – What’s Driving This Impressive Rally?
8.12.2023
Source: Dall•E 3 The Solana price has jumped by 14% in the past 24 hours, with its surge to $71.24 coming on a day when the crypto market as a whole has gained by 1%. This makes SOL one of the best-performing top-100 coins of the day, with the alt also having risen by 17% […]
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Blockchain Firm LayerZero Labs to Launch Native Token in 2024
8.12.2023
Source: Adobe Vancouver-based blockchain infrastructure provider LayerZero Labs is coming up with its native token launch in the first half of 2024. In a post on X (formerly Twitter), the company noted that it has heard the crypto community’s speculation regarding the lack of communication on...
Institutional Traders’ BTC Holding Percentage Increased ‘Almost Twofold’ Between January and September — Study
8.12.2023
The bitcoin held by institutional traders (INS) in their respective crypto portfolios saw an “almost twofold” increase in the initial three quarters of 2023. Institutional traders’ BTC allocation shifted from under 40% in January to nearly 50% by the end of September. The Spot...
Bipartisan Anti-Crypto Terror Financing Bill Heads to U.S. Senate
8.12.2023
Legislation will crack down on terrorist organizations like Hamas by applying sanctions to foreign parties that facilitate financial transactions with terrorists