Toncoin (TON), the native token of the Telegram Open Network (TON), is experiencing a meteoric rise after a major investment from venture capital giant Pantera Capital. The news sent positive vibes through the crypto market, propelling TON’s price over 30% in the weekly timeframe, and reigniting investor enthusiasm for the project. Pantera Bets Big On […]
State Duma, Russia's lower house, recently introduced an updated bill on mining and cryptocurrencies. The major change suggested is to ban the "organization" of the circulation of cryptocurrencies in Russia, making an exception only for miners, mining pools, and test projects of the Bank of Russia. Alongside the prohibition of local exchange services, the bill […]
Bitcoin’s price saw a lot of volatility last week, especially before and after the US Fed’s most recent FOMC meeting, but managed to recover some ground during the current one. Let’s unpack. The primary cryptocurrency had dropped to a multi-month low of $56,500 last Wednesday, went on a volatile rollercoaster as the US central bank […]
A cryptocurrency nonprofit has established a new political action committee (PAC) named Stand With Crypto to support pro-crypto politicians. The committee’s 440,000 members will enhance this effort to influence races in both the House of Representatives and the Senate. Data from the Federal Election Commission reveals that crypto super PACs such as Fairshake, Defend American […]
Crypto analyst Onchained recently provided valuable insights into an important metric that can be used to gauge the future trajectory of Bitcoin. The analyst suggested there was no cause to worry at the moment but highlighted what to watch out for to know the right time to exit the market. Bitcoin Short-Term Holders NUPL Turns […]
[PRESS RELEASE – London, UK, May 10th, 2024] Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain. […]
As the price action of Bitcoin continues to attract crypto investors’ interest, Michael Van De Poppe, a well-known market analyst and trader in a bearish scenario has made a worrying prediction, warning the community of a potential drop in price for the crypto asset to the $52,000 level. Bitcoin Poised For A Possible Decline Michael […]
The amount of people betting on Bitcoin’s price going up is twice as much as those betting it will go down. There are about 18,000 Bitcoin contracts that are about to expire soon, with more people holding contracts to buy Bitcoin at a certain price (calls) than contracts to sell it (puts). The ‘Maxpain’ point, […]
The question on everyone’s mind is whether Bitcoin can reach the impressive $70,000 mark in the coming months. While Bitcoin’s performance remains a focal point, the spotlight is also on new altcoin presales that are showing promising potential for massive gains. Among these, Dogeverse, Wiener AI, and Sealana are emerging as key players in the […]
The Bitcoin kimchi premium in South Korea has plummeted significantly amid a broader market decline, signifying weakened enthusiasm among digital asset investors in the country. According to data from CryptoQuant, the Bitcoin kimchi premium slumped to 1.5% on Friday during the afternoon trading session in Asia. Bitcoin Kimchi Premium Slumps For the uninitiated, the kimchi […]