The head of blockchain analytics platform CryptoQuant says that ancient Bitcoin (BTC) whales are largely remaining dormant. Ki Young Ju tells his 363,800 followers on the social media platform X that the Spent Output Age Bands (SOAB) metric indicates long-term holders of Bitcoin are not moving their coins.
Options on Bitcoin ETFs could speed up adoption among financial advisers, James Seyffart said at Permissionless.
Bitmain stormed the Bitcoin mining industry after launching new and more efficient mining machines for Bitcoin miners. The company announced the S21+ Hyd.
Bitcoin price trades in a 7-month range, and charts suggest the pattern could culminate with a strong downside move.
★★★★☆ | Cullen Hoback's documentary is an entertaining watch, and uses the same tactics as a crime drama to keep his suspect hidden until the very end.
Cryptocurrency markets are trading sideways despite key Bitcoin metrics rising. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $61,248 -1.2% Ethereum (CRYPTO: ETH) $2,412 -0.9% Solana (CRYPTO: SOL) $140.6 -1.5% Dogecoin (CRYPTO: DOGE) $0.1087 +1.98% Shiba Inu (CRYPTO: SHIB) $0.00001697 -0.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.6% and daily active addresses growing by 16.5%.
The ongoing struggle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has become a hot topic in the cryptocurrency world. As the battle intensifies, the XRP community—supporters and investors of Ripple's digital currency, XRP—are voicing their concerns about the SEC's recent actions.
The market capitalization of meme coins is trading sideways over the last 24 hours, with a majority of established memes like Shiba Inu (CRYPTO: SHIB), Pepe (CRYPTO: PEPE) and Dogwifhat (CRYPTO: WIF) failing to back up their September gains. What Happened: Crypto trader Unipcs highlighted that despite the hype around newer coins, established ones like Dogecoin (CRYPTO: DOGE), Shiba Inu, Floki (CRYPTO: FLOKI), Bonk (CRYPTO: BONK), Dogwifha, and Pepe are poised for a significant rally.
It appears that the United States government is going to compensate Bitfinex, which lost nearly 120,000 Bitcoin (BTC) in a 2016 hack. In a report, the government claims that Bitfinex is the sole entity eligible for this significant compensation, as they have already reimbursed their customers through BFX tokens.
The crypto week ahead may see a market recovery, with signs of a rebound in memecoin valuations and overall market cap.
Solana has secured substantial capital inflows, surpassing other blockchains with more than $800 million in net inflows. Conversely, Kraken is facing growing regulatory scrutiny as it plans to end support for Monero (XMR) in the European Economic Area (EEA) by October 31, 2024.
Binance, one of the world's leading cryptocurrency exchanges, has released its 23rd Proof of Reserves report for October 2024, shedding light on significant changes in its major cryptocurrency holdings. As the crypto market experiences fluctuations, this latest snapshot reveals a notable decline in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) reserves.
BonkBot, currently one of Telegram's most utilized trading bots, intends to shift to a non-custodial model to ramp up its security through Pre-TX protection against hackers. It focuses on a non-custodial model, in which one prioritizes the security of the users by letting them control their assets.
Residents of a town in Texas are suing a publicly listed Bitcoin (BTC) mining firm over noise pollution.
Kraken, one of the leading cryptocurrency exchanges, has announced that the Solana-based Bonk (BONK) meme coin is now available for trading in the US and Canada.
Peter Schiff, a well-known Bitcoin critic, has taken another jab at Michael Saylor, CEO of MicroStrategy and Bitcoin's biggest cheerleader. Schiff tweeted his prediction that the U.S. government is about to sell 69,370 Bitcoins, valued at roughly $4.3 billion.
Littio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade's blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and currency devaluation.
In the new HBO documentary “Money Electric: The Bitcoin Mystery Documentary”, filmmaker Cullen Hobak posits that Peter Todd, a prominent Canadian Bitcoin core developer, is the elusive Bitcoin creator known as Satoshi Nakamoto. Despite the sensational claims, the evidence presented falls short of conclusive, leading to significant criticism from the BTC community.
The battle between Bitcoin buyers and sellers continues as BTC price falls closer to a key support level.
Littio, a Colombian Neobank, has partnered with OpenTrade to provide interest-bearing USD accounts to local customers on the Avalanche blockchain. According to a press release shared with crypto.
The LEO price is up following the US government's claims that the Bitfinex exchange is the sole entity eligible for compensation for the Bitcoin hack on the exchange in 2016. This has provided a boost for LEO, considering its role as the utility token in the crypto exchange's ecosystem.
Bitwise CIO Matt Hougan says three conditions could pave the way for Bitcoin (BTC) to rip to the $80,000 level before the end of the year. In a new note to investors, Hougan references a prediction that Bitwise made at the end of 2023 forecasting that BTC would trade above the $80,000 level in 2024.
According to options data, the chances of BTC hitting $85K by year-end were around 16%.
Solana's march into mobile continued yesterday when the popular DeFi platform Jupiter released its mobile app.
BNB price hints at a potential market rebound following a recent correction, with bulls seemingly regaining momentum. The ongoing recovery rally is advancing towards the rounding bottom's neckline, signaling a possible bullish breakout.
The Meme coins category has continued recording a volatile price action over the past few days. This highlights increased price action for these projects in the market.
The Ethereum price showed a modest drop of 0.3% during the U.S. Trading session on Wednesday, currently trading at $2432. This neutral candle formation projects indecisive market sentiment with no clear dominance of buyers or sellers.
FTM, TRX, and APT show gains, while analysts project a long-term bullish outlook for BTC.
Data from October 9 reveals that while Solana's monthly active addresses surpassed 100 million, over 86 million wallets on the network remain empty, raising concerns about the validity of user engagement metrics, according to blockchain data from Artemis Terminal.
Crypto investment company Canary Capital has submitted an application for a second XRP exchange-traded fund (ETF) in the United States. This filing is consistent with Bitwise's recent submission of a comparable application for a spot XRP ETF.
SOL, the native cryptocurrency of the Solana blockchain, could potentially surge fivefold in 2025, according to a recent projection by global banking titan Standard Chartered, which expects the fifth-largest cryptocurrency by market cap to beat Bitcoin (BTC) and Ethereum (ETH) if Republican presidential candidate Donald Trump wins the presidency in November.
Professional crypto trader Justin Bennett shared his insights on Bitcoin's (CRYPTO: BTC) market volatility and future predictions ahead of the FOMC minutes meeting. What Happened: Bennett took to social media to highlight that the meeting minutes are not a Fed rate decision, which is why does not expect as much volatility as typically seen from a Fed rate decision.
Glassnode analysts report that bitcoin's recent shallow drawdowns are consistent with historical bull market trends.
Ireland's Criminal Assets Bureau (CAB) is facing a massive problem. They've been sitting on $378 million worth of Bitcoin, and they can't touch it.
Google recently announced a major integration that could transform the way users interact with crypto. Now, users can search for any .eth domain name and check the associated balances directly in Google Search.
Ethereum (ETH) is trading at $2,429, with a 24-hour increase of 0.09% and a weekly rise of 0.49%. ETH's market cap has dropped below $300 billion, currently sitting at approximately $293 billion.
SHIB stuck to the positive market sentiment it has experienced over the last month.
The co-founder and the COO of Luxor has shared that Ethiopia is fully operational with an increased hash rate for BTC as 600 MW for mining. Ethiopia's most popular mid-generation mining rigs were the Avalon A1346 and Antminer S19J Pro models.
Ethereum has always moved in sync with Bitcoin. It's like they're tied together. Since March 2024, the second-largest crypto has been stuck in a downward channel. It tried breaking out a couple of times, but it couldn't keep up. Rejection from resistance levels knocked it each time.
Vitalik Buterin, creator of Ethereum, is being put forward as a candidate for the Nobel Prize in Economics. This nomination came from Tyler Cowen in a podcast with fellow economist Alex Tabarrok.
Activists across the globe see bitcoin as a tool for promoting pro-democracy protests despite financial repression.
Activists across the globe see bitcoin as a tool for promoting pro-democracy protests despite financial repression.
Cryptocurrency enthusiasts who aren't convinced of the newly uncovered identity of Bitcoin‘s (CRYTPO:BTC) pseudonymous founder Satoshi Nakamoto in a HBO documentary may want to take a trip to Budapest, Hungary. Unveiled on Sept.
Bitcoin needs to avoid a trip below $48,000 to preserve the odds of a six-figure all-time high next year, BTC price analysis from Peter Brandt says.
In a memo to clients dated October 8, 2024, Bitwise CIO Matt Hougan predicted that Bitcoin could surge to $80,000 by the end of the fourth quarter, influenced by factors such as the U.S. presidential election, economic conditions, and the stability of the crypto market.
TL;DR Bybit has had a successful first month with bbSOL, the first exchange-backed liquid staking token on Solana. bbSOL has outperformed other exchange-backed staking tokens in terms of total value locked (TVL). The token will be listed on Bybit Spot on October 10, 2024, increasing its accessibility and liquidity options.
The case highlights the complexities of restitution in crypto crimes, emphasizing the challenges in identifying and compensating victims. The post Bitfinex may be the only victim in $7.4 billion Bitcoin theft: US govt.