The Sandbox, an Ethereum metaverse game platform, announced Wednesday that it has raised $20 million in convertible promissory notes at a $1 billion valuation. That makes the long-running project the latest crypto “unicorn,” based on the billion-dollar valuation. The latest funding round was ...
READ MORE +DOG, the latest meme coin sensation is grabbing attention in the crypto community as it’s just $42 million away from reaching a monumental $1 billion market cap. If achieved, the token will become the first meme coin to accomplish this without a single tier-1 CEX listing. DOG so far has ...
READ MORE +Dogecoin has become a focal point in the fast-evolving world of cryptocurrencies, as prominent voices begin to speak out against what they perceive as a rigged system. Nate Alex, a renowned NFT artist and collector, recently compared the current crypto market to a “rigged casino.” His ...
READ MORE +Ex-Binance CEO Changpeng “CZ” Zhao has surrendered to a California-based federal facility where he will serve his sentence for financial crimes that led the cryptocurrency exchange he founded to agree to pay a mammoth $4.3 billion fine. Zhao pleaded guilty to violating anti-money ...
READ MORE +The Ethereum (ETH) market is buzzing with optimism. Renowned cryptocurrency analyst Master Kenobi has predicted a significant rally for Ethereum (ETH), suggesting the digital asset could see substantial gains. Ethereum is currently hovering at $3800, reflecting a notable upward trend ...
READ MORE +Capping off a dizzying week in both crypto and political spheres, U.S. President Joe Biden on Friday notified Congress that he has vetoed a bipartisan-passed resolution that sought to roll back a Security and Exchange Commission that critics said discouraged banks from offering crypto custody ...
READ MORE +The news of Donald Trump's guilty verdicts in a New York courtroom Thursday dominated global headlines, but for crypto holders gambling on the outcome of the U.S. presidential election in November, nothing has fundamentally changed. Over $142 million is riding on “Presidential Election Winner ...
READ MORE +Ethereum (ETH) is currently undergoing a crucial phase, retesting its previous resistance level, which is now acting as support. This development is widely considered a bullish retest, and if this support holds, it could pave the way for ETH to achieve significantly higher price targets. The ...
READ MORE +According to the renowned crypto analyst Rekt Capital, the current behavior of Bitcoin’s price is giving knives, pointing out that the recent price rebound of the cryptocurrency seemed to be taking the shape of another local top, the same of which he painted in a blue square on his analysis ...
READ MORE +In brief A futures contract is an agreement that obligates a trader to buy or sell an asset at a specific time, quantity and price. Bitcoin futures help to bring in additional liquidity to the market and also provide opportunities for arbitrage. As the trading value of Bitcoin ...
READ MORE +Bitget, a prominent cryptocurrency exchange, and Web3 industry player has recently unveiled the introduction of Bitget Wallet’s BWB token on its Launchpad platform. The BWB token sale is scheduled from June 1st to June 6th, with its listing on the Bitget spot market set for 20:00 (GMT+8) on ...
READ MORE +Mt. Gox, the infamous bitcoin exchange that collapsed in 2014, has made a significant move in the cryptocurrency world by transferring at least $9.6 billion worth of bitcoin to an unknown address. According to data from Arkham Intelligence, the exchange transferred 42,830 BTC, valued at ...
READ MORE +Floki Inu (FLOKI) has recently emerged as a focal point in the cryptocurrency world, experiencing a remarkable surge in value that shows no signs of abating. This rapid ascent has captivated investors and market analysts, who are increasingly optimistic about FLOKI’s future price trajectory. ...
READ MORE +In a significant move for the Ethereum (ETH) network, core developers have announced their intention to implement the Pectra upgrade by the first quarter of 2025. This decision emerged from a recent execution layer meeting, marking Pectra as the next pivotal advancement for ETH, following the ...
READ MORE +Over 1 million BTC are now held in custody by Bitcoin exchange-traded funds (ETFs) designed to track the asset’s price performance. More than 30 Bitcoin ETFs collectively owned 1,002,343 BTC as of May 24, according to a chart posted to Twitter on Monday by MicroStrategy executive chairman ...
READ MORE +The U.S. spot bitcoin exchange-traded funds (ETFs) market continues to attract substantial investment, with total net inflows reaching $153.91 million on Wednesday. This marks the eighth consecutive day of net inflows for these financial instruments. BlackRock’s IBIT led the surge, recording ...
READ MORE +ETH has been buoyed by favorable regulatory developments that seem to indicate increasing chances of spot ether ETFs being approved by the SEC after the regulator asked exchanges to update 19b-4 filings, which propose rule changes. As a result, the ether implied volatility curve, which shows ...
READ MORE +Shiba Inu (SHIB), the famous meme-based cryptocurrency, is gearing up for a massive value pump. Just now, SHIB has managed to hold the waves above its support and is recovering from $0.00002159. The challenging task for SHIB remains to conquer the critical resistance level, oscillating around ...
READ MORE +Despite whispers of a potential delisting in the face of Europe’s evolving regulatory landscape, leading crypto exchange Kraken has officially confirmed its continued support for Tether (USDT). This announcement comes at a time when the entire crypto industry grapples with the ...
READ MORE +Crypto lender Genesis Global has taken a significant step towards resolving its bankruptcy case. On Friday, a US Bankruptcy Judge approved the company’s Chapter 11 liquidation plan, paving the way for a partial return of funds to its customers. This marks a positive development for ...
READ MORE +JPMorgan increases its estimate for the cost of producing a bitcoin to $45,000, seen as a surprising shift in the mining landscape after the halving in May 2024. An increase in the amount comes after the initial projection of a cost of $42,000 by the investment bank in February, ...
READ MORE +Fetch.ai (FET) has recently demonstrated remarkable market resilience, exhibiting a strong rebound hinting at potential upward momentum. During the bullish period, the token reached an unprecedented all-time high of $3.46. However, this exhilarating rise was followed by a correction, ...
READ MORE +Dogecoin (DOGE) is currently on the verge of significant upward movements, attracting considerable attention from both analysts and investors. This surge in interest is due to DOGE’s recent performance in the market, where it has managed to surpass a crucial resistance level that had been a ...
READ MORE +Is the memecoin season really back? One savvy trader has made headlines after raking in millions of dollars in profit in the span of a year with Pepe-the-Frog-themed memecoin (PEPE). The investor transformed a $3K investment in PEPE into a whopping $4.6 million windfall. This comes as the ...
READ MORE +Despite market fluctuations and Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission, XRP seems poised for a significant turnaround. Analysts project a major surge in its price after almost a decade of accumulation. On Sunday, cryptocurrency analyst ...
READ MORE +Well-known crypto analyst Dark Defender has unveiled the XRP/BTC trading pair’s future prospect, which has piqued the interest of many in the cryptocurrency world. In a recent X post, the analyst says that XRP is very close to a big rise against Bitcoin (BTC). The outcome of this forecast may ...
READ MORE +U.S crypto exchange Coinbase has recovered from an hours-long "system wide outage" early Tuesday morning that began at 4:15 a.m. coordinated universal time. The San Francisco-based exchange's support account on Twitter assured users that the company was "investigating this issue and woking on ...
READ MORE +Financial analyst turned stock and meme influencer Roaring Kitty has roared back onto social media. His return to Twitter on Sunday didn’t even directly mention GameStop—the stock whose rollercoaster ride sparked global headlines and a documentary film—but nonetheless prompted the price of GME ...
READ MORE +Bitcoin, the world’s leading cryptocurrency, has been stuck between a rock and a hard place. With a robust trading volume of $13 billion, BTC is currently facing a crucial support level of $61000 and cannot decide its next move. However, analysts suggest two scenarios for Bitcoin’s next move. ...
READ MORE +Ripple’s CEO, Brad Garlinghouse, is confident that the Securities and Exchange Commission (SEC) will ultimately fall short in its battle against the cryptocurrency industry. This assertion is pivotal as Ripple navigates a 3-year legal tussle with the SEC over accusations of conducting ...
READ MORE +Advertisement    With the rapid development of the crypto industry, analysts never rest in their search for the following trend. Right now, one altcoin has been creating a lot of noise—Rollblock (RBLK), with the hype surrounding the project being compared to Shiba ...
READ MORE +Following the historic approval of 11 spot Bitcoin exchange-traded funds in January, industry observers are now wondering when the United States Securities and Exchange Commission (SEC) could give the green light to an Ethereum equivalent. For those who don’t know, an exchange-traded fund ...
READ MORE +For years, I told myself that I’m not the founder type. Instead, I try to be that strong operator who makes founders’ dreams come true. Perhaps the avoidance of being a founder comes from my Chinese upbringing. As my mother often says: “A gun shoots the first bird that sticks its head out.” ...
READ MORE +Former U.S. President Donald Trump has once again stirred the political pot, this time dipping his toes into the volatile waters of cryptocurrency. In a series of video clips shared by Frank Degods, a prominent non-fungible token (NFT) creator, Trump asserted his intention to embrace digital ...
READ MORE +In a recent analysis, a famous cryptocurrency analyst Mags, has given a bright outlook for Bitcoin, predicting a significant rise to $72,000. The prediction published in a recent post on the X platform attracted a lot of attention among the crypto community. Mags pointed out Bitcoin’s ...
READ MORE +In a recent market analysis, the well-known crypto expert EGRAG CRYPTO examined the complex movements of XRP’s price, shedding light on its unique characteristics and providing predictions for the future direction of the popular cryptocurrency. Bulls vs. Bears: Analyst Remains Bullish ...
READ MORE +The European Union (EU) is taking a careful step towards including cryptocurrencies in its vast investment landscape. The European Securities and Markets Authority (ESMA), the financial regulator of the EU, is asking for expert opinions on potentially allowing Undertakings for ...
READ MORE +Advertisement    As cryptocurrencies carve their niche in the global financial landscape, Binance Coin (BNB) and Helium (HNT) have shown impressive resilience and potential. BNB recently eyed a surge toward $650, buoyed by bullish patterns and positive market ...
READ MORE +After last week’s bloodbath, cryptocurrency prices began climbing northwards again, this time on the backs of projects linked to artificial intelligence (AI). The price resurgence sees AI-themed tokens record the largest gains over one week, with leading tokens easily racking double ...
READ MORE +According to the recent X post from Santiment, over the weekend, Ethereum had an amazing comeback when it surpassed the $3,200 mark. Along with incredible recovery, the second most valuable digital currency in terms of market capitalization experienced an increased network activity. On May ...
READ MORE +Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was ...
READ MORE +For the first time in its 15-year history, the Bitcoin network has completed its billionth transaction, a significant milestone for the pioneering blockchain. Data from Clark Moody showed that on May 5 at 9:34 pm UTC, BTC hit 1,000,000,000 transactions. An average of 178,475 daily ...
READ MORE +Following the arrest of the developers of Samourai Wallet, several other Bitcoin coin mixing operations see the writing on the wall and are leaving the United States for more crypto-friendly regions. In April, the US Attorney’s Office of the Southern District of New York charged Samourai ...
READ MORE +Bitcoin Ordinals and Runes platform OrdinalsBot has created the largest Ordinals inscription to date, weighing in at a hefty 3.969 megabytes. Inscription number 70,614,708, the OrdinalsBot team announced Friday, contains a copy of “A Declaration of Independence in Cyberspace” by Logos Network. ...
READ MORE +The popular cryptocurrency analyst Crypto Busy presented an upbeat perspective on the performance of Bitcoin, highlighting a large bounce. As the analyst stated, Bitcoin demonstrated a significant recovery, skyrocketing by 10%. This rally is following the contact of BTC with a multi-year ...
READ MORE +The global crypto market cap stands at $2.29 trillion, marking a 3.50% increase over the last day, according to CoinMarketCap. Excluding stablecoins, 96% of the Top 100 tokens are registering gains, leaving only LEO, Gnosis, Axelar, and Celestia in bearish territory with less than 1.2% in ...
READ MORE +Block, formerly known as Square, has embarked on an ambitious initiative to further integrate Bitcoin into its ecosystem, reinforcing its commitment to cryptocurrency and blockchain innovation. This strategic move is outlined in their recently released Bitcoin Blueprint, which details the ...
READ MORE +A well-known analytical platform CryptoQuant has just given some interesting insights into the Bitcoin market after a substantial breakdown of the important $59K support level. In their most recent analysis, BTC/USDT perpetual futures saw around $120 million of longs liquidated on the back of ...
READ MORE +Cardano (ADA) has demonstrated remarkable resilience amidst the recent market downturn, standing firm and capturing attention as it experiences a surge in its value. Analysts are increasingly optimistic about ADA’s future price movements, suggesting it is positioned for a significant bull ...
READ MORE +We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Multinational bank BNP Paribas purchased shares in BlackRock's iShares Bitcoin Trust ...
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