Money is flowing into ether futures at a faster pace than bitcoin, suggesting a potential outperformance of Ethereum's native token in the coming weeks.
A recent bug fix in Bitcoin Knots may put an end to the network congestion caused by Bitcoin Ordinals and BRC-20 tokens, which exploit a vulnerability allowing inscriptions to bypass data size limits on the blockchain.
Spam transactions called "Inscriptions" are exploiting a vulnerability in Bitcoin Core, causing an increase in unconfirmed transactions and memory usage on the blockchain. While some view Inscriptions as an evolution of Bitcoin's blockchain, others, like Bitcoin Core developer Luke Dashjr, criticize them for driving up transaction prices and benefiting miners.
Everlodge, a platform that offers fractional ownership in luxury properties through blockchain and NFTs, is gaining attention as an alternative investment option in the real estate sector, while Shiba Inu and Dogecoin continue to demonstrate market activity and appeal to different types of investors, with SHIB showing potential for higher percentage growth in the longer term and DOGE having the potential for higher absolute price levels in the short term.
Bitcoin futures open interest on the CME has reached $5.2 billion, just $200 million away from its all-time high in late October, indicating renewed interest in Bitcoin but leaving uncertainty about the position of CME traders.
The recent surge in Bitcoin prices and the entry of Wall Street heavyweights such as BlackRock and Fidelity into the market through Bitcoin ETFs has brought optimism and excitement back to the world of cryptocurrencies, reminiscent of the ebullient mood experienced two years ago. However, the sustainability of this rally remains uncertain.
Solana (SOL), a competitor of Ethereum (ETH), is predicted to reach new all-time highs, with the price projected to surge to $360 by the beginning of 2025, according to a popular crypto analyst.
Coinbase Wallet users can now transfer cryptocurrency through a link on popular social media and messaging apps, making it more accessible to a wider market.
MicroStrategy's Bitcoin investment has reached an unrealized profit of $2.3 billion, with further growth expected if Bitcoin ETF applications are approved by the SEC.
Cathie Wood, the founder of Ark Invest, believes that the Bitcoin market could reach $25 trillion by 2030 and she remains optimistic that Bitcoin could trade between $1 million and $1.5 million, citing that the rally has just started. She sees Bitcoin as a hedge against inflation and deflation, comparing it to digital gold.
The recent surge in the cryptocurrency market has not been driven by retail investors, who remain relatively stagnant due to concerns about inflation and financial stability, according to analysts.
The Securities and Exchange Commission (SEC) is engaging in productive discussions with Bitcoin ETF applicants, including Grayscale and Blackrock, suggesting that the SEC is carefully considering these applications instead of outright rejecting them and is providing clues about its concerns regarding potential risks and market manipulation.
Bitcoin reaches its highest level since April 2022, driving gains in smaller cryptocurrencies, while altcoins experience increased trading activity and price appreciation.
Amazon Prime subscribers can now claim free in-game packs of cards for Gods Unchained, an online trading card game, with new monthly rewards available for a six-month period, although the cards included in the packs are not tokenized as NFTs, they can be turned into NFTs by players.
The Security and Exchange Commission will require more time to evaluate Grayscale's request to convert its Ethereum trust into an Ethereum spot ETF, while BlackRock's Bitcoin spot ETF has received $100,000 in seed funding from an undisclosed investor.
Bitcoin could potentially experience a pullback if it reaches the $48,000 level, according to crypto analyst Benjamin Cowen, who uses Fibonacci retracement levels to determine potential support and resistance areas. Cowen also predicts increased price volatility in the coming weeks.
Gwart, known as the funniest person on Crypto Twitter, combines humor and truth-telling to expose the bitter reality of the crypto industry while making it more engaging, although he is losing hope in finding solutions to its problems. He believes that Bitcoin has more durability and a clearer goal compared to the ever-evolving world of crypto. Despite his criticisms, he acknowledges the value of NFTs and stablecoins but views their dominance as a deviation from the industry's original vision. Gwart, who currently enjoys his freedom as an unemployed Twitter troublemaker, would consider working for a Bitcoin company aligned with his ideology.
Japan's ruling coalition is discussing a proposal to exempt companies from paying taxes on unrealized gains from cryptocurrencies held for purposes other than short-term trading.
Crypto companies in the US spent $18.96 million in the first three quarters of 2023 on lobbying, as they strive to mend their reputations, combat regulatory scrutiny, and advance friendly legislation, with Coinbase leading the pack by spending $2.16 million.
Bitcoin's purported high water consumption and environmental impact are inaccurately highlighted in a recent commentary, emphasizing the need to debunk false claims and resist the media's judgmental condescension towards cryptocurrencies.
The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve a spot Ether exchange-traded fund (ETF) offering by Grayscale until January 2024.
AI startup X.AI is planning to raise up to $1 billion in equity through an exempt offering of securities, with $134.7 million already purchased since the first sale, according to a filing with the SEC by Elon Musk-backed company.
Bitcoin (BTC) reached a 2023 high of $44,100, driven by speculation around a spot Bitcoin ETF and rumors of Qatar's sovereign wealth fund potentially buying $500 billion worth of Bitcoin, with experts predicting further gains and a possible move towards $50,000.
New Jersey is considering a bill that would classify virtual currencies as securities when issued and sold to institutional investors, supplementing the state's uniform securities law.
Dogecoin, originally created as a parody of Bitcoin, has evolved over the past 10 years to become a popular and widely-supported cryptocurrency, experiencing significant growth and garnering attention from high-profile figures such as Elon Musk, Mark Cuban, and AMC Entertainment.
Consensys has introduced its layer-2 ecosystem Linea to enhance the scalability and cost efficiency of the blockchain ecosystem, offering a gamified event called the Linea DeFi Voyage where users can participate in quests to earn XP tokens. The Linea ecosystem includes a decentralized exchange, lending protocol, smart wallet, perpetual DEX, and a social finance platform, catering to the needs of users from all backgrounds and providing key Web3 functionality to a broader audience.
IBM has released a cryptographic signing technology called IBM Hyper Protect Offline Signing Orchestrator (OSO) to improve security and reduce risks associated with manual procedures in cold storage of digital assets.
Bitcoin's recent price rally, commonly attributed to the anticipation of bitcoin ETF approval, is also fueled by plummeting interest rates, signaling a potential easing of central bank monetary policies and leading to increased optimism and continued gains in the market.
The CEO of Franklin Templeton, Jenny Johnson, is optimistic about blockchain technology and has invested in cryptocurrencies such as Bitcoin and Ethereum, believing that blockchain's ability to reduce transaction costs will revolutionize private markets and unlock non-traditional asset classes.
BlackRock has received funding from a seed investor for its Bitcoin ETF, as the world's largest fund manager aims to release its own spot Bitcoin ETF and analysts predict SEC approval in January.
Coinbase has announced updates to its decentralized Wallet product, including a new feature that allows users to send funds through a simple text message via platforms like Telegram or WhatsApp, with the aim of making the service more user-friendly and popularizing cryptocurrency as a cross-border payment solution.
Solana-based meme coin BONK has surpassed Ethereum-based FLOKI to become one of the top three dog-themed coins by market capitalization, with BONK now boasting a market cap of $443 million and experiencing tremendous growth of 876% in the last month.
Crypto-powered wireless phone service Helium Mobile is now available nationwide, offering unlimited talk, text, and data for $20 per month with the opportunity for subscribers to earn crypto tokens through everyday use.
Asset manager BlackRock and crypto investment firm Bitwise have filed amended S1 forms with the SEC, signaling their efforts to address regulator's questions, with changes likely to be made by other applicants including Fidelity and WisdomTree, ahead of the SEC's decision on approving spot bitcoin ETFs.
The Bitcoin rally is losing steam as retail investors have not contributed, and their return is necessary to sustain the rally.
Pepe, a meme coin based on the Internet meme of Pepe the Frog, has seen a significant increase in value, with a 26% rise in the past day and a 45% rise in the past seven days, currently trading at $0.00000159; however, the longevity of its popularity remains uncertain, as meme coins tend to come and go quickly in the market.
Bitcoin (BTC) surpassed $42,000 amidst suspicions of market manipulation, with large-volume traders potentially coordinating higher prices to sell into an uptrend, despite warnings about the rally's sustainability; however, upside continuation is expected into next year due to macroeconomic changes and the potential approval of the first Bitcoin spot price exchange-traded fund (ETF).
Matcha, an Ethereum DeFi exchange, has introduced cross chain swaps that allow users to trade tokens across different Ethereum-compatible networks, providing a simpler and more efficient way for traders to handle assets across various chains, eliminating the need for bridges and reducing fees.
BlackRock has received $100,000 in seed capital from an undisclosed investor for its proposed spot bitcoin ETF, bringing optimism for approval and contributing to bitcoin's 20% monthly price increase.
Pendle (PENDLE), a low-cap decentralized finance (DeFi) altcoin, is poised for a significant rally, according to crypto analyst The Flow Horse, while Ethereum (ETH) is expected to catch up and attract capital flows following the slowdown in Bitcoin (BTC) and Solana (SOL) rallies.
Pyth, an oracle service providing pricing data to blockchains, has distributed its new PYTH governance tokens to over 90,000 crypto wallets, allowing token-holders to vote on the platform's future development with major players in the crypto industry influencing how the system evolves.
Brazil's largest bank, Itau Unibanco, has launched cryptocurrency trading services, becoming the latest Brazilian institution to enter the digital asset market and expressing its intention to expand beyond Bitcoin and Ethereum in the future.
Bitcoin infrastructure developer Nostr Assets has paused deposits due to high user activity, while the total volume of nonfungible token sales on the Bitcoin network has surpassed $1 billion.
Former FTX US president Brett Harrison reveals his falling out with Sam Bankman-Fried and predicts that the spot Bitcoin ETF will outperform the Bitcoin Futures ETF.
Coinbase CEO Brian Armstrong criticized Google's decision to ban the term "all-hands" in a tweet, highlighting the debate over workplace culture and political correctness in Silicon Valley.
The Swiss city of Lugano now accepts Bitcoin and Tether as payment for taxes and other community fees through the cryptocurrency platform, Bitcoin Suisse.
A trader who invested $8,000 in Shiba Inu (SHIB) tokens in 2020 turned it into $5.7 billion by October 2021, as highlighted in the fifth edition of the SHIB magazine.
The central banks of Italy and South Korea have signed a memorandum of understanding to collaborate on the development and deployment of central bank digital currencies (CBDCs), as well as information and communication technology (ICT) issues related to real-time settlement systems.
Dogecoin is predicted to pump by 700% and reach a target price of $0.70 by July 2024, as analysts express optimism for its future.
Bitcoin has surged over $40,000 as analysts predict a potential Wall Street earthquake in the crypto market, with some attributing the rise to fears of a "crypto-yuan hostile takeover" by China and the Federal Reserve's money-printing plans.