The renowned crypto analyst Ali recently marked the critical challenge on the way of Cardano (ADA). Based on his analysis, there is a strong resistance to ADA, ranging between $0.54 and $0.56. This zone is of utmost importance because it hosts close to 50,000 addresses that together hold nearly 2 ...

Something big awaits Shibarium, Shiba Inu’s acclaimed layer 2. “We’re teaming up with some awesome partners to make Shibarium even stronger. With assets like SHIB, BONE, and LEASH, Shibarium is set to take off!” Marketing specialist Lucie shared this exciting update on X. Having recently ...

LookOnchain, a blockchain analytics firm, on February 11th revealed something amazing regarding the meteoric surge of Chainlink (LINK). It particularly detailed that there was a significant uptick in $LINK price by about 15% that occurred in tandem with massive accumulation activity that got ...

Cryptocurrency markets have witnessed a significant surge in both Bitcoin (BTC) and Ethereum (ETH) prices, sparking a broader momentum across various altcoins. Out of a wide digital asset portfolio, the top performers could be seen in several, such as Kaspa (KAS) outperforming within the top 40 ...

Go Ethereum, the most widely used Ethereum execution layer client, announced on February 9 that it has released a new version of its software, called Edolus, in preparation for the upcoming Ethereum mainnet Dencun upgrade. The Dencun upgrade, which consists of two parts, Cancun and Deneb, is ...

The price of Bitcoin reached $48,500 on Feb 11th, marking a milestone since the start of spot bitcoin exchange-traded funds (ETFs). The recent rally is partly attributed to a significant inflow of 10,000 BTC inflow into ETFs. The inflow suggests that big investors are gaining more trust in ...

In a week that set off dizzying highs for the cryptocurrency market, as the overall values we­nt up by 5.9%, and trading saw an incredible 65.4% rise from the­ previous week. Now, all e­yes are on altcoins. Experts fore­see promising times ahe­ad for altcoins. According to data by ...

Once again, the­ Dogecoin Foundation is causing a stir in the crypto world. It rece­ntly announced the LibDogecoin update­ 0.1.3. In addition, they rolled out many more plans and e­fforts for 2024. Ed Tubbs, a senior software engineer at the­ Foundation, shared what’s in store for the upcoming ...

Bitcoin (BTC) rose for a fifth day, surpassing the $47,000 mark early Friday as the CoinDesk 20 Index (CD20), a gauge of the biggest cryptocurrencies, added 4%. The largest crypto by market cap reached a one-month high as East Asia ushered in its biggest festival of the year, the Chinese new year ...

In a move that could change the way that regulations apply in the cryptocurrency space, New York-based Prometheum has said that it is ready to announce plans for custodial services for Ethereum, the second-biggest digital currency globally. The development comes amid simmering tension between the ...

Hi Traders, In this episode, we’re revisiting a trend trading model we explored a few weeks back which enters a trade based on a Moving Average Slope. However, there’s a twist – we’ve incorporated a client suggestion that could potentially revolutionize our approach. Our client proposed ...

  U.S. Securities and Exchange Commissioner Hester Peirce, in the long-running regulatory saga for cryptocurrencies in the country, recalled that a revamped approach is required to spur innovation in the sector. Often known as “Crypto Mom” within the agency for her friendly views on ...

Ethereum’s Dencun hard fork has successfully deployed on the Holesky at epoch 29696 , clearing the way for its mainnet launch. Numerous prospective projects are causing quite a stir in the community. Among the most noteworthy of these is Ethereum Name Service, whose executive director, Khori ...

We now have polls on Farcaster, but you kind of have tarot card reading and playing chess. And then people got really creative and said, well, what can we do with the kind of on-chain side of things, right? And actually kind of enable people to have these frames in the feed do something on a ...

MicroStrategy Chairman and Founder Michael Saylor unveiled today that the company has further bolstered its Bitcoin holdings, having acquired an additional 850 BTC in January for a hefty $37.2 million investment. This now takes the company’s total Bitcoin stash up to a staggering 190,000 BTC. The ...

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest ...

TRON blockchain has garnered attention for its recent positive performance in industry reports. However, despite the optimistic outlook, market indicators are signaling a potential price correction looming on the horizon. According to crypto analyst Ali Martinez analysis, the TD Sequential ...

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, ...

Binance co-founder He Yi took to the X platform to announce significant changes in the company’s policies regarding the leakage of coin listing information and insider trading. In a thread, He Yi expressed gratitude to the supporters of Binance while addressing concerns about recent ...

Solana (SOL) whales have orchestrated a series of transactions totaling a staggering $180 million. The blockchain community is busy with speculation as Whale Alert, a platform that tracks large transactions in the crypto space, reported two significant movements. The first transaction involved ...

The Securities and Futures Commission (SFC) of Hong Kong has issued a stern reminder to virtual asset investors and trading platforms regarding regulatory compliance and the impending deadline for licensing. As of February 29, 2024, any virtual asset trading platform (VATP) operating in Hong Kong ...

Polygon has solidified its position as the leading blockchain for non-fungible tokens , clinching the top spot, according to data from Coin98 analytics. The scaling network has demonstrated unparalleled performance by minting over 16 million NFTs, outpacing all other blockchains. Notably, ...

A savvy trader on Solana blockchain has managed to turn a modest investment into a staggering profit in just 5 hours. LookOnChain, a prominent crypto analytics platform, has reported that the trader, armed with only 18 $SOL (equivalent to $1,758), successfully amassed a jaw-dropping 7,197 $SOL, ...

Hong Kong s preparing to launch a public consultation regarding a new regulatory framework specifically tailored for over-the-counter (OTC) crypto venues. These include both physical shops and online platforms engaged in virtual asset (VA) transactions. The decision stems from instances where ...

In 2024, the crypto market is poised for a promising year, with leading institutions unveiling comprehensive research reports that shed light on the industry’s focal points. According to Vernacular Blockchain’s review of reports from 23 major institutions, several trends are expected to dominate ...

In a surprising twist, tech behemoth Meta is gearing up for a crypto-market plunge following the recent surge in popularity of well-regulated products like Bitcoin ETFs. Over the past 20 days, Bitcoin ETFs have witnessed substantial inflows, with the trend catching the attention of major players in ...

In a startling development, Ripple, a prominent cryptocurrency company, is at the center of attention as Whale Alert, a cryptocurrency tracking platform, reports an unconventional transfer of 800 million XRP, equivalent to $404.86 million, into Ripple accounts. This significant transaction ...

Dogecoin has experienced an extraordinary surge in adoption, with more than 890,000 new DOGE addresses created in the past seven days. The adoption rate skyrocketed to 86% as newly onboarded users engaged in their first transactions, according to insights from IntoTheBlock. This surge in activity ...

Bitcoin, the world’s leading cryptocurrency, is showing promising signs of a potential uptrend as market analysts dissect the intricacies of its recent price chart. Notably, Jake Wujastyk, a respected market analyst, has highlighted the emergence of an inverse head and shoulders pattern on the ...

Crypto brokerage firm Genesis has settled with the U.S. Securities and Exchange Commission , bringing an end to a year-long legal battle concerning its Earn product. The company has agreed to pay a $21 million civil penalty to resolve the litigation and benefit the debtors’ estates. It plans to ...

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, ...

Jito Labs is an infrastructure provider involved in mitigating the effects of maximal extractable value (MEV) on Solana. Market analysts believe that its success in the field of anti-MEV solutions could be beneficial for AI crypto Telegram trading bot Bitbot (BITBOT) and its growth and token ...

The XRP cryptocurrency has recently faced a turbulent period marked by a significant drop in market value, reaching the precarious $0.50 mark for the first time since October 19, as reported by analytics firm Santiment. Despite this decline, an intriguing trend has emerged, with a surge in whale ...

30 - Vitalik is the leader crypto has always needed: In the absence that Bitcoin founder Satoshi Nakamoto left, someone has had to keep the ethos of decentralization, censorship-resistance and credible neutrality alive. Buterin has faced the touch job of remaining in the limelight while ...

A new beginning awaits stablecoin issuer Celsius Network LLC as it officially exits bankruptcy, marking the culmination of an intense restructuring process. The crypto firm, which concluded its financial reorganization on January 31, 2024, disclosed this information in a press release. The ...

Ethereum (ETH) has regained its footing, reaching a value of $2,345 for the first time since the downturn that began on January 22nd, as reported by Santiment. The recent surge is seen as a promising sign for the overall health of the network. Key metrics, including active addresses and ...

Binance, the world’s largest centralized exchange (CEX), has maintained its dominance in the market, capturing 43.7% of the total spot trading volume in December 2023. A recent report from CoinGecko titled “Market Share of Centralized Crypto Exchanges, by Trading Volume” revealed that Binance’s ...

Mesh, a digital assets startup that aims to make crypto transactions more secure and convenient, has received a $6.5 million investment from PayPal’s venture arm. The deal is remarkable because $5 million of the investment was made in PayPal’s stablecoin, PYUSD, which was launched in August last ...

Bitcoin advocate and Jan3 CEO, Samson Mow, has provided an in-depth analysis of the supply and demand dynamics of the spot Bitcoin ETF. He has highlighted the factors that support his ambitious projection of a $1 million price target for the premier cryptocurrency. Taking to his official X ...

Tether (USDT) has emerged as a significant player, with a recent development catching the attention of market observers. While Bitcoin and Ethereum have witnessed a steady movement of their respective supplies off exchanges following ETF approvals, Tether has seen a notable reversal, with ...

ETF could potentially alter the financial market landscape in a strategic maneuver, as analysts anticipate Charles Schwab, a prominent financial services firm overseeing $8.5 trillion in client assets, might soon venture into the cryptocurrency domain with the launch of its exclusive spot Bitcoin ...

The cryptocurrency market has seen a significant recovery over the past year, regaining much of the value it lost during 2022’s major crash. With the U.S. Securities and Exchange Commission’s recent approval of several spot bitcoin exchange-traded funds (ETFs), crypto seems to be gaining mainstream ...

Harvest Hong Kong, one of China’s leading fund companies, has officially submitted an application for a Bitcoin spot ETF to the Hong Kong Securities and Futures Commission. This marks a significant development as the first institution in Hong Kong to seek approval for a Bitcoin spot ETF. ...

Amidst the expansive realm of digital currencies, Bitcoin emerges as a transformative presence, challenging conventional understandings of money and financial systems. As we unveil the intrigue surrounding this digital asset, a fundamental inquiry emerges: What is the visual identity of ...

Jan. 29 (PROTOCOL VILLAGE EXCLUSIVE): ZkLink a multi-Chain ZK Rollup and layer-3 protocol, has successfully completed a $4.68 million sale on CoinList in its latest Community Token Sale. According to the team, "The 31,250,000 million tokens offered represented just over 3% of the total ...

David Fuelling, a well-known engineer at RippleX, has shaken up the XRP community by presenting a comprehensive proposal for the overhaul of the governance structure of the XRP Ledger Foundation (XRPLF). Fuelling took to X to announce his proposal, stating, “Yesterday, I published a proposal ...

FTX, the crypto firm embroiled in fraud allegations, has been increasing its cash reserves by selling some of its crypto assets, according to Bloomberg. The company filed for Chapter 11 bankruptcy in November 2022 and is looking for ways to repay its customers and potentially resume its exchange ...

In a recent announcement, the Hong Kong Securities and Futures Commission (SFC) has alerted the public to exercise caution regarding two investment products, the “Floki Staking Program” and the “TokenFi Staking Program,” both associated with the Floki ecosystem. These staking services claim to ...

In a surprising turn of events, renowned trader Raoul Pal has once again expressed unwavering confidence in Solana (SOL), doubling down on his bullish stance for the cryptocurrency. In a recent X post, Pal hinted at a potential bull run for SOL amid a pivotal moment for the coin following a ...

In the ever-fluctuating world of cryptocurrency, Bitcoin (BTC) has exhibited resilience following its recent dip, leaving investors and analysts speculating about its next move. As the crypto market regains footing, altcoins have yet to experience a full-fledged price correction. Bitcoin ...