Bitcoin miner Hut 8 is more diversified with multiple revenue streams following its merger with US Bitcoin Corp, increasing its capacity and reducing costs while maintaining a significant stash of 9,000 BTC and a partnership generating over $20 million in cash a year, according to a research report by Canaccord Genuity.
Monochrome Asset Management has applied for a spot Bitcoin ETF with Cboe Australia, aiming to become Australia's first ETF that allows direct holding of Bitcoin.
Bitcoin could be on the verge of a significant upward move, as the Relative Strength Index (RSI) indicator on the daily chart suggests a potential rally and a break above the all-time high of $73,800, according to cryptocurrency analyst and trader Kevin Svenson.
Ethena Labs, a controversial platform, plans to purchase and short bitcoin (BTC) to create a "safer" synthetic dollar product, boosting user yields and expanding USDe issuance, which has already reached over $2 billion since its release.
A meme coin called Brett has seen a 30% increase in the past week and could potentially rise by 71% according to cryptocurrency analyst Ali Martinez. The popularity of meme coins like Brett is contributing to increased usage of Coinbase's Base network.
Ark Invest, led by Cathie Wood, surprised many by selling shares of Coinbase despite the stock's upward trajectory, with the trade value amounting to approximately $6.4 million.
The Bitcoin NVT Golden Cross indicator reached a high level of 3.17 during the recent peak, suggesting that the cryptocurrency may have become overpriced, and subsequently experienced a sharp price correction.
Bitcoin Cash (BCH) is experiencing strong market interest, with a high RSI suggesting significant momentum and continued price growth, potentially reaching $733, supported by solid support levels and historical buying and selling activity.
NEAR Protocol (NEAR) could potentially experience a significant increase in price, while Solana-based altcoins PYTH, JTO, and JUP are expected to perform well, according to crypto analyst Bluntz. Additionally, the analyst anticipates an upcoming market rebound.
The price of Dogecoin has recently dropped, but it is now in a favorable position for accumulation, with indicators suggesting a potential recovery and a bullish phase ahead.
The price of Avalanche (AVAX) has dropped below $50, but there is optimism from a group of investors who have invested heavily in AVAX and could potentially trigger a recovery, with the price predicted to reach $60 if it can overcome resistance levels.
Bitcoin price has rebounded above the midpoint of the March market range, with large banks reportedly pursuing BTC despite supply shortages on exchanges.
An airdrop of Dogecoin NFTs called Doge Runestone has been launched on the Dogecoin blockchain, following the success of the Bitcoin Ordinals collection, with a current floor price of 170 DOGE, or around $32.
The Dogwifhat (WIF) price is showing signs of early recovery, with an upward trend that could potentially lead to new highs and surpass its all-time high, indicating a strong bullish sentiment in the market.
Crypto analyst PlanB predicts that Bitcoin will reach $100,000 this year, with the potential for an even higher price of $1 million in the future, but warns investors to expect significant volatility and dips along the way.
Shiba Inu (SHIB/USD) sees a 6% price increase, a surge in daily transactions, and large holder net flow, indicating bullish momentum and potential for further price movements.
Grayscale's Bitcoin spot ETF fund, GBTC, has experienced significant outflows as investors switch to competing products, but analysts believe the company's business model will likely remain strong due to its substantial assets and the rise in Bitcoin's price.
The NFT sector is showing signs of life again as investors attend NFT events in New York City, indicating steady interest in NFTs despite previous skepticism and price drops.
The Bitcoin price has fallen below its 2021 high, causing other cryptocurrencies like Solana and Dogwifhat to also struggle, but Bitcoin Cash has seen a 14% increase in price due to its recent halving.
Binance Launchpool is offering customers the opportunity to stake Binance Coin (BNB) or FDUSD stablecoin to earn a share of Saga (SAGA) tokens, with half of the initial circulating supply being offered through the promotion, and the SAGA token will be listed on Binance on April 9.
Sam Bankman-Fried, the former CEO of FTX, received a 25-year prison sentence, but his mother's letter to the judge sheds light on his reserved nature, utilitarian beliefs, and ambitions to make a positive impact through charity.
Meme coins inspired by Joe Biden and Donald Trump are surging on the Solana blockchain, with Biden-inspired Jeo Boden leading in terms of trading volume and market cap.
Federal Reserve Bank of Minneapolis President and CEO Neel Kashkari believes that Bitcoin is more of a consumer protection issue rather than a financial stability risk, citing its volatility and lack of legitimate use cases in advanced democracies.
Bitcoin prices have dipped from recent highs, but analysts suggest staying calm as it may be a buying opportunity, comparing the current formation to the 2020 bull run and expecting prices to bounce back, while others point to the issuance of stablecoins as "dry powder" that could provide liquidity and stability in the crypto market.
The cryptocurrency market may experience a wave of mergers and acquisitions (M&A) due to the excessive number of tokens and projects, with traditional players targeting innovative Web3 projects and meme coins potentially becoming targets of hostile takeovers.
Altcoins are currently down 50-70% when trading against Bitcoin, presenting an opportunity for investment, according to crypto analyst Michaël van de Poppe, who also predicts a reversal in altcoin value against Bitcoin in the coming months, particularly for Polkadot and Ethereum.
Paraguay is considering a temporary ban on crypto mining activities to address the strain on its power grid caused by illegal mining farms, which consume a significant amount of electricity and evade regulations, but the proposed bill has faced criticism for its broad language and potential unintended consequences.
Bitcoin managed to erase most of the week's losses while stocks tumbled, as hawkish comments from a Fed official caused a negative reaction in the market.
JP Morgan analysts suggest that Ethereum may avoid being designated as a security due to increased decentralization and a reduction in concentration among staked ETH.
Bitcoin's price has rebounded above $69,000 as the anticipation for its upcoming halving event grows, with the event expected to take place on April 20.
Bitcoin has experienced significant volatility as traders speculate about potential actions by the Federal Reserve, while also anticipating the upcoming halving event and a potential interest rate cut.
BRETT, an altcoin built on Ethereum, is predicted to reach new all-time highs by a crypto analyst, who also highlights the importance of Bitcoin staying above the 200-day exponential moving average for its uptrend to continue.
Coinbase has been granted a "restricted dealer" registration by Canadian regulators, allowing the exchange to operate in Canada and making it the largest registered crypto exchange in the country.
Google has sued two app developers from China over alleged scams that targeted 100,000 users globally by distributing fraudulent cryptocurrency and investment apps through the Google Play Store, promising high returns but preventing users from withdrawing funds. The developers are accused of wire fraud and racketeering, and Google is seeking a permanent injunction to stop them from using any Google products or services.
Bitcoin short-term holders have transferred a large volume of coins at a loss to exchanges, indicating panic-selling following a recent price drawdown.
The recent peak in bitcoin could signal a weaker stock market and a leadership shift, according to Stifel's chief equity strategist, Barry Bannister, who suggests that the Nasdaq and "big tech" stocks could struggle for gains for about six months.
The US government has transferred $131 million worth of Bitcoin to Coinbase following a seizure, with the government still holding over $14 billion worth of BTC, according to blockchain-tracking firms.
JPMorgan predicts that the falling share of staked ether on the Lido platform reduces concentration in the Ethereum network, increasing the likelihood that ether won't be designated as a security.
Bitcoin's price correction may continue as the futures funding rate remains at a record high, indicating that long traders are dominant and willing to pay funding to shorts, suggesting potential downward pressure on the market.
MicroStrategy's Executive Chairman, Michael Saylor, believes that Bitcoin is the ultimate exit strategy and does not plan to sell the company's substantial Bitcoin holdings, as he sees value in the asset beyond just hedging against inflation or trading, but experts have mixed views on whether digital property, including NFTs and digital real estate, can truly solve economic problems and have a significant impact on society.
The US government has transferred $40 million worth of Bitcoin that was confiscated from two Estonian citizens, adding to their total crypto holdings of approximately $14.3 billion, as governments worldwide increase regulation and crackdown on cryptocurrencies.
Despite experiencing a 1% loss over the past week, Ethereum Classic's ETC/USD price has increased by 5.56% in the past 24 hours, reaching $32.55.
Bitcoin may be preparing for a major breakout according to a crypto analyst who identifies bullish indicators such as the Wyckoff accumulation pattern, the Gaussian channel, and key chart formations.
The Near Protocol (NEAR) price analysis suggests a potential consolidation period with a complex market sentiment, as indicated by a decrease in momentum and a rebound in transaction activity.
The US government transferred some of its bitcoin stash, worth $130 million, to Coinbase from a wallet seized from the Silk Road, a dark web website for illegal activities.
Trading volume for NFTs is at multi-year lows, Binance will no longer support Bitcoin NFTs, and network congestion caused by Bitcoin NFTs in December exposed a vulnerability in the network.
Binance's head of financial crime compliance, Tigran Gambaryan, is facing tax evasion charges in Nigeria and is being held captive as leverage in the government's dispute with Binance over a massive fine. Meanwhile, Gambaryan's conditions have worsened, and there has been a lack of response from the U.S. government.
Bitcoin rebounded 2% as the United States Federal Reserve signaled potential interest rate cuts later this year, leading to a rally in risk assets.
Bitcoin layer-2 staking network Social Network aims to create a decentralized social network incentive system that is socially beneficial, energy-efficient, and encourages users to spend time in nature through a mobile scavenger hunt tied to its mainnet launch.
Solana (SOL) has experienced a rise in failed transactions, with nearly three-quarters of transactions on the SOL chain failing, likely due to spam and increased usage, while the DEX volume on Solana has shown recovery after a decline in March 2024.
