China has announced a Blockchain project for its Belt and Road Initiative, aiming to end the US dollar in its trade relations and further promote de-dollarization efforts within the BRICS alliance.
The Bitcoin Halving, set to occur in April, is anticipated to lead to a significant increase in the price of Bitcoin due to the reduction in miners' rewards and the historical pattern of price appreciation after previous Halving events.
FTX founder Sam Bankman-Fried, who was recently sentenced to 25 years in prison for his involvement in a billion-dollar Ponzi scheme, expressed remorse and claimed he didn't realize his actions were illegal, while FTX customers may soon receive compensation from the sale of the company's stake in Anthropic.
Dogecoin surged to a two-year high before experiencing a slight decline, driven by factors such as potential integrations with X Payments, an upcoming Dogecoin-related initial-exchange offering, and anticipation of Dogecoin futures products on Coinbase, making it an attractive investment for speculators despite its lack of underlying utility.
The co-founder of Doodles NFT brand released a surprise POOP token, leading to accusations of insider trading by snipers who quickly bought up a significant portion of the token's supply before its launch, causing controversy within the community.
Sam Bankman-Fried, founder of bankrupt crypto exchange FTX, expresses remorse for his actions and takes full responsibility for the collapse of the company and the impact on customers, while also claiming that he didn't know his actions were illegal at the time.
The Bitcoin taker buy-sell ratio suggests that selling opportunities may arise when the ratio falls below 1, indicating a bearish sentiment in the market.
Bitcoin's price reached record highs in March, but the performance of mining stocks has been more volatile due to increased competition and the upcoming Bitcoin halving event.
Cryptocurrencies Bitcoin, Ethereum, and Bonk experienced significant declines due to factors such as market volatility, decreased expectations of rate cuts, and potential lack of catalysts, leading to investors seeking more fundamental value in the market.
Cryptocurrencies, including Bitcoin, Ethereum, and Bonk, are experiencing a decline in value due to factors such as improved economic data, potential interest rate cuts, and uncertainties surrounding the approval of cryptocurrency exchange-traded funds (ETFs), causing investors to seek more fundamental value in the market.
Binance founder Changpeng Zhao is working on the Giggle Academy, a platform that offers free education to the public, and is currently in the process of hiring more staff for the initiative.
Grayscale's Bitcoin Trust ETF (GBTC) has been experiencing consistent outflows of funds due to its high annual fee of 1.5%, compared to other spot Bitcoin ETFs that offer a fee waiver, potentially impacting the entire spot Bitcoin ETF market.
Stablecoin issuer Tether now holds over $5 billion worth of Bitcoin, making it one of the biggest Bitcoin holders and the backbone of the crypto-economy.
Tether, the issuer of the world's largest stablecoin USDT, has invested $618 million into Bitcoin, increasing its Bitcoin holdings to over 75,000 BTC and making it the seventh largest Bitcoin holder globally, amidst growing institutional interest in the cryptocurrency. Additionally, Tether is expanding into AI technology and aims to create open-source AI models to redefine industry standards.
The launch of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on the Ethereum network is seen as a significant development that could shape the future of the crypto ecosystem, as it represents a major institutional player entering the space and highlights the growing interest in blockchain technology and asset tokenization.
Core (CORE), a layer-one blockchain project in the Bitcoin ecosystem, has surged over 477% in the past week and is predicted to outperform Stacks (STX) according to economist Alex Krüger.
To navigate the crypto market as an investor, it is important to do thorough research, understand risk tolerance, invest only what can be afford to lose, avoid FOMO, use dollar-cost averaging, take advantage of market volatility, and protect crypto assets with a reputable wallet.
Three notable Bitcoin mining companies, Bitfarms, Marathon, and Riot, are expected to dominate the sector over the next decade due to their growth trajectories and strategic focus on increasing mining operations, revenue growth, and cost control. These companies are positioning themselves for long-term success in the volatile Bitcoin ecosystem.
Trading volume on Solana decentralized exchanges (DEXs) reached a new monthly all-time high of $58.4 billion in March, driven by meme coin frenzy and popular coins like Dogwifhat (WIF) and Bonk (BONK), while Solana DEX Orca dominated the space with $3.6 billion in trading volume in the last seven days.
KuCoin plans to distribute $10 million in Bitcoin and its native token, KCS, to its users through a token airdrop as it looks to rebuild trust and restore confidence following charges by the US Department of Justice for alleged anti-money laundering violations.
YouTuber and programmer Davinci Jeremie, an early adopter of cryptocurrency Bitcoin, claims that if people had listened to him and invested in Bitcoin back in 2013, they could now be millionaires, as the current value of Bitcoin is over $68,000.
Ethereum co-founder Vitalik Buterin proposes "Degen Communism," a political ideology that embraces chaos while ensuring beneficial outcomes for the common good in various sectors, including cryptocurrency and governance.
Bitcoin is a decentralized currency that should be used for transactions rather than held as an asset, according to Zac Townsend, CEO of Meanwhile, a bitcoin-denominated insurance company. He argues that future economic activity will be denominated in bitcoin, which offers stability compared to the inflation risks of fiat currencies. Meanwhile operates entirely in bitcoin, conducting business, making guarantees, and paying claims in the cryptocurrency. Townsend believes that more companies and individuals will adopt the Bitcoin Standard as they recognize its value as a store-of-value over the long term.
Bitcoin Cash (BCH) is experiencing a surge in price, reaching its highest level in nearly three years, attributed to the anticipation surrounding its upcoming halving event and debates about the coin's ethos reignited by a book published by Roger Ver, a leading figure in the BCH space. Additionally, BCH's technical indicators point to a strong bullish trend.
Bitcoin Cash (BCH) could be on the verge of a major breakthrough as it potentially overcomes a long-standing downtrend, attracting new investment and solidifying its position in the cryptocurrency market. However, the short-term price dip and the unpredictable nature of the market add caution to the anticipation surrounding BCH.
A developer of the crypto mixer Tornado Cash is seeking to have the US government's lawsuit against him dismissed, arguing that the software was created to provide privacy to legitimate cryptocurrency users and does not constitute a crime.
Bitcoin attempted to retest the $68,000 support level as weakness sparked in the market, with BTC price losses exceeding 4.5%, but the return of institutional flows seemed unable to generate further upside, possibly due to the Easter holiday period.
Former employee of Jump Trading, James Hunsaker, testifies in ongoing trial that Jump Trading colluded with Terraform Labs to manipulate the price of stablecoin UST, resulting in billions of dollars in losses for investors.
Coinbase projects a bullish Q2 2024 for Bitcoin, citing increasing interest from large institutions in spot Bitcoin ETFs as a key factor, with the upcoming Bitcoin halving event and institutional investments expected to drive up BTC prices.
The crypto bull market is transitioning into its second and final phase, which will be characterized by euphoria and sharp price movements, according to James Check, lead on-chain analyst at Glassnode.
Tim Draper, a prominent investor and Bitcoin supporter, revealed that his Bitcoin bet earned him a 15x return on his investment, validating his belief in Bitcoin as a hedge against inflation and predicting a surge to $250,000 by 2025. Meanwhile, Ethereum's price decline is accompanied by an increase in whale transactions, indicating long-term bullish prospects. Additionally, significant transactions of 16 million and 18 million XRP on a South Korean exchange suggest whales accumulating positions and coincide with reports of a possible settlement between Ripple and the SEC.
Sam Bankman-Fried, the former crypto king sentenced to 25 years for leading a massive fraud, claims he didn't believe his actions were illegal but acknowledges that he failed to meet a high standard and expresses remorse for the harm caused to customers, co-workers, and charities.
CleanSpark, Inc. is actively increasing their production rates and expanding their facilities in preparation for the Bitcoin halving event, with a target of reaching 50EH/s in 2025. The firm has a low breakeven cost-to-mine of $28,093/btc and has acquired new facilities to support their growth. Due to these factors, the recommendation is to buy CleanSpark stock with a price target of $42.32/share.
The U.S. Securities and Exchange Commission (SEC) is seeking $1.95 billion in fines from Ripple Labs for securities law violations, which may lead to the liquidation of over 3.12 billion XRP tokens, causing potential negative market repercussions.
China has launched a blockchain infrastructure to support collaboration along the Belt and Road trade routes, with the goal of enhancing international cooperation and development.
A large amount of Ethereum has been transferred from Bitfinex to an unknown wallet, sparking speculation that a whale may be buying Ethereum and positioning itself for participation in decentralized finance activities.
Tether, the issuer of the largest stablecoin USDT, added nearly 8,889 bitcoins in Q1, amassing a total of 75,354 bitcoins worth $5.2 billion and generating roughly $3 billion in profits.
The cryptocurrency market is experiencing a correction, with Bitcoin, Ethereum, and XRP all seeing a decline in prices.
Bitcoin experienced a flash crash, causing over 81,000 traders to lose their leveraged positions and $223 million in losses, with the majority of liquidations coming from long traders and the largest liquidation occurring on the OKX exchange.
Bitcoin reached a new all-time high of $70,000, but economist Peter Schiff argues that it has not achieved new highs compared to gold, weakening its case as "digital gold"; while some analysts remain optimistic about Bitcoin's potential, Schiff questions the practicality of trading Bitcoin ETFs.
Bitcoin's future scenarios range from mainstream use as a form of payment to its integration into online games, increased regulation, adoption by AI-powered smart agents, and the potential for a black market for off-grid Bitcoin, among other possibilities.
Widely followed crypto analyst Benjamin Cowen warns that Ethereum could experience a collapse similar to 2019 due to similarities in market conditions and the potential for a rate cut by the Federal Reserve.
Twenty lightly used blockchains have cryptocurrencies worth $1 billion or more, and there is no barrier preventing these zombie entities from persisting online for extended periods.
A judge's decision against Coinbase's motion to dismiss the SEC's lawsuit will move the trial proceedings to the next phase, potentially leading to further implications for the crypto industry.
Core DAO (CORE) has experienced a 220% price surge in the past week and a 63% increase in the last 24 hours, propelling it to the 55th position in the cryptocurrency market by market cap, thanks to factors like the upcoming Bitcoin halving and significant project developments such as the launch of non-custodial Bitcoin staking and coreBTC.
Tech billionaire Elon Musk has shown interest in Cardano and its native coin, ADA, as he now follows an ADA news handle on Twitter, although some speculate it may be an April Fool's joke. Meanwhile, Musk's favorite cryptocurrency, Dogecoin, is said to be mirroring its previous bull run and could be in for another significant surge.
The price of Bitcoin has surged to over $70,000, and analysts predict that it could reach nearly $150,000 in the near future due to the upcoming halving event and increased demand.
XION, a blockchain built for consumer-focused developers, has raised $25 million in a Series A funding round and aims to enable developers to build consumer-ready Web3 products by offering multiple abstractions at the protocol level to create familiar user experiences, while also integrating stablecoin USDC as its primary currency for transactions.
The Grayscale Solana Trust (GSOL) trading at a premium of 5.8 times over the spot price of SOL indicates strong institutional demand for Solana as an investment vehicle, reflecting the growing trend of institutional interest in cryptocurrencies and their recognition as legitimate assets.
The price of Bitcoin slipped below $70,000 due to increased market volatility and the anticipation of the upcoming halving event, while its 30-day annualized realized volatility reached its highest level since August 2022, outpacing other cryptocurrencies by a significant margin; in other news, Bitkub Capital Group Holdings is planning to launch an IPO in 2025 to enhance its visibility and secure additional funding for its leading cryptocurrency exchange in Thailand.
