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Over 50,000 Traders Liquidated as Bitcoin Price Surges Past $66,000 Amid Bullish Run-Up
15.5.2024
On Wednesday, the price of bitcoin demonstrated strong growth, escalating by more than $4,200 from its daily low. This 7.1% increase against the U.S. dollar propelled bitcoin past the $66,000 threshold, reaching a peak of $66,461 per coin on Bitstamp. Consequently, the entire cryptocurrency market...
FTX Gets Backlash Despite Planned Full Repayment Plus Interest
15.5.2024
FTX is planning to repay customers, but the plan is facing a backlash from creditors. The plan involves paying creditors in US dollars based on their account value at the time of FTX's collapse, not the current market value of their crypto holdings. This has caused outrage among creditors who feel t...
Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally
15.5.2024
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said
GameFi studios are booming once again as crypto prices recover
15.5.2024
New Web3 gaming projects continue to enter the sector as the price of cryptocurrencies surge
Gamestop, AMC Shares Plunge as ‘Roaring Kitty’ Keeps Posting Video Clips and Memes
15.5.2024
On Wednesday, while equity markets experienced a rise following the release of the consumer price index (CPI) report, Gamestop’s stock GME tumbled 34%, and AMC’s shares fell more than 25%. Concurrently, the well-known ‘Roaring Kitty’ continued to share video clips of classic...
Bitcoin ETFs gain diverse investors amid market shifts
15.5.2024
Over the past few weeks, interest in Bitcoin exchange-traded funds (ETFs) has increased significantly in the cryptocurrency market. This has brought about significant changes in the buying and selling patterns of different global markets. After four weeks of capital decline in the US spot Bitcoin...
US Inflation Data Indicates Slight Cooling in April; Gold, Silver, and Cryptos Climb
15.5.2024
The latest report from the U.S. Labor Department’s Bureau of Labor Statistics reveals that the consumer price index (CPI) for April climbed by 0.3%. Over the last 12 months, the CPI increased by 3.4%, primarily driven by higher costs for shelter and gasoline. Relief Rally in Financial...
Bitcoin encounters $60k resistance amid market uncertainty
15.5.2024
Bitcoin’s consolidation phase is not a new phenomenon. If anything, it is giving the market a sense of stability amid the rising uncertainty. A movement within the confined zone is helping traders and investors decide when to withdraw or invest. The same phenomenon has also established a resistance...
Forget memecoins, Bitcoin is driving the bull run — NBX Warsaw
15.5.2024
The success of Bitcoin ETFs and the influence of the Bitcoin halving is having a significant impact on cryptocurrency markets
Worldcoin beefs up security by open-sourcing biometric data system
15.5.2024
Worldcoin Foundation open sources a secure multi-party computation (SMPC) system to enhance biometric data protection and confirmed that users can now securely delete old iris codes
Shiba Inu Price Prediction as Analysts Spot Bull Flag Formation – Is a Rally Imminent?
15.5.2024
SHIB has risen by 2% today, with the Shiba Inu price touching $0.00002399 on a day when the crypto market gains by 0.5% in the past 24 hours.
The post Shiba Inu Price Prediction as Analysts Spot Bull Flag Formation – Is a Rally Imminent? appeared first on Cryptonews
Pepe Coin Price Prediction as Trader Makes 15,718x Profit – Time to Buy PEPE?
15.5.2024
The Pepe Coin price has risen by 3.5% today, reaching $0.00001114 on a day when the crypto market as a whole has dipped by a very slight 0.3%.
The post Pepe Coin Price Prediction as Trader Makes 15,718x Profit – Time to Buy PEPE? appeared first on Cryptonews
$20M exploit cripples Sonne Finance, hacker in no mood for negotiation
15.5.2024
Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing
Over 1 Million New Tokens Launched Since April, Ethereum and Solana Lead the Way
15.5.2024
The cryptocurrency market has witnessed the launch of over 1 million new tokens since the beginning of April, with Ethereum and Solana leading the way.
The post Over 1 Million New Tokens Launched Since April, Ethereum and Solana Lead the Way appeared first on Cryptonews
Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion
15.5.2024
Raoul Pal, a well-known financial sector figure, predicts a significant expansion of the cryptocurrency market, forecasting its market capitalization could reach $100 trillion due to global liquidity trends and technology adoption. His analysis is underpinned by observations of the global liquidity...
GameStop tops Bitcoin's yearly gains in one day — Will GME spark an altcoin rally?
14.5.2024
Mirroring the 2021 cycle, the profits from GameStop could spill into altcoins, catalyzing the start of the 2024 altcoin season. Could history repeat itself?
Polygon exec: Tokenized funds set to disrupt stable coin market
14.5.2024
With the proliferation of Blockchain technology among major financial institutions around the globe, token financial products may mark the return of the vintage financial scene. This trend may disrupt and pose a challenge to the long-standing dominance of stablecoins in this domain. According...
Spencer Farrar, Partner at Theory Ventures, on Web3 Venture Capital, Funding, and Strategy | Ep. 334
14.5.2024
Spencer Farrar, a Partner at Theory Ventures, discusses the recent difficulty of raising capital, how the Theory team managed it, the necessity for projects to have an edge that makes them unique and attractive to investors, the importance of thorough research and understanding the market, and...
Unofficial GameStop memecoin surpasses $100M in market cap
14.5.2024
The Solana memecoin has soared more than 2,000% in the past week following the surge in GameStop's stock
Pre-launch token trading 20 times more volatile than post-launch trading: Keyrock
14.5.2024
Pre-launch volatility underscores the critical role of liquidity in stabilizing markets, according to the report