Crypto News and Market Updates
Reasons Why Bitcoin Price May Cross 70K Soon
In spite of recent challenges, such as a market dip of 2.4% in the last day,
Bitcoin has shown its resilience by achieving around 8% gains in the past week. With the crypto market facing turbulence, Bitcoin getting above $70,000 seems very achievable. Therefore, which factors could push BTC to achieve this high milestone? Let’s delve deeper into r…
Bitcoin ETF Issuer VanEck Debuts Memecoin Index, Here’s Its Relevance
Investment asset management firm VanEck has launched a Meme Coin Index for six cryptocurrencies on its Marketvector platform.The VanEck Meme Coin IndexAccording to a screenshot shared by VanEck’s Head of Digital Asset Research Matthew Sigel, the Marketvector Meme Coin Index (MEMECOIN) is a modified market cap-weighted index that tracks the perfor…
Just-In: BitMEX Launches Bitcoin, ETH, SOL, XRP, DOGE Options
BitMEX, a leading cryptocurrency derivatives exchange, has officially launched a new options trading platform in collaboration with PowerTrade, a specialized crypto options platform. This partnership leverages the robust features of both companies, providing a comprehensive suite of options for major cryptocurrencies like Bitcoin (BTC), Ethereum (…
Crypto Market Selloff: Why BTC, ETH, SOL, XRP, SHIB Fell, Crash Looms This Week?
The crypto market flashes fresh signs of weakness as bull and bear clash over dominance. Investors have lost nearly
$150 billion in the last few days, as the crypto market cap tumbled from $2.42 trillion to $2.28 trillion. Bitcoin and
altcoins failed to sustain upside momentum and continue to fall amid a lack of trading volumes in spot and derivat…
SEC Chair Gary Gensler Shares Vital Insights On Robinhood & Ethereum’s Future
SEC Chair Gary Gensler’s recent interview with CNBC has sparked a global frenzy across the crypto horizon. His insights on pressing issues such as Robinhood’s Wells notice and the Ethereum security lawsuit, which could potentially shape an ETH ETF, have captivated significant attention among crypto market participants.SEC Chair On Crypto Regulatio…
Why XRP Price Aims $1 Ahead Of SEC’s Reply In Ripple vs. SEC
XRP price is showing strength on Monday reflecting the general bullish outlook of the market. Although May started in great turmoil as cryptocurrencies, including Bitcoin bled profusely. The sell-off partly triggered by rising inflation in the US and dwindling market sentiment saw
XRP pierce through the support at $0.5 and swept liquidity at $0.47…
ECB Exec Tips CBDC As Stability Anchor For Financial System
A senior European Central Bank (ECB) executive, Francois Villeroy de Galhau has advocated for
Central Bank Digital Currency (CBDC) development as a crucial stabilizing force for the financial system. According to a Bloomberg report, this endorsement highlights the growing recognition of digital currencies’ potential to enhance monetary policy and …
Worldcoin (WLD) Price Surges 20%, What’s Behind the Rally?
WLD, the native cryptocurrency of Sam Altman’s iris-scanning project Worldcoin, has moved upwards by 20% in the last 24 hours. As of press time, the
Worldcoin (WLD) price is trading 15.3% up at $6.24 with a market cap of $1.270 billion. Also, the daily trading volumes have surged by 134% all the way above $652 million.What’s Behind the Worldcoin (…
Breaking: Custodia Bank Hires Ex-Obama Solicitor in Stablecoin Appeal
Custodia Bank, formerly Avanti Bank, has upped its legal fight with the Federal Reserve by engaging the services of former acting solicitor general under President Barack Obama, Ian Gershengorn, and ex-solicitor general of Virginia, Michelle Kallen.This follows after
Custodia demanded the reversal of the Federal Reserve decision denying it direct …
Top Cryptos That Will Make You Rich in 2024
The crypto market can experience a massive rise in 2024. All experts believe 2024 will be an exceptional period, and the crypto market will face unique growth that will be distinctive from other halving events. Bitcoin halving was completed in early April, and all crypto traders are watching price action closely. In such an attractive market, you …
Artificial General Intelligence (AGI): Why Are People Spooked About It?
In the last twelve months, there has been an incessant buzz around Artificial Intelligence (AI) and the work the innovative technology can achieve. Similarly, many companies have risen to the occasion and hype around the technology, leading to the launch of products that are infused with Large Language Models (LLMs).AGI Emulate Human Cognitive Abi…
Bitcoin Price Analysis: End-of-Correction Pattern Hints $BTC Rally to $73k in May
This week was highly volatile for
Bitcoin attributing to factors like the dovish Fed meeting result,
BTC and ETH ETFs launched in Hong Kong, and post-having correction. A long price spread from $64700 to $56500 in BTC price triggered uncertainty in the altcoin market as well, projecting a lack of dominance of bull or bears. However, the last four-…
Shiba Inu Executive Sends Crucial Message On TREAT Launch
Shiba Inu’s (SHIB) marketing lead Lucie just took to X to clarify certain confusions about the launch of the TreatforShib token popularly known as TREAT.
The Shiba Inu L3 BlockchainAccording to the SHIB executive, the token has not been released yet. Although some journalists have made reports about how the crypto asset was launched in 2023.
TREAT …
Mina Vs XRP: Which Altcoin Is Close To $1 In 2024
With the Bitcoin and Ethereum price recovery, investors are waiting for the recovery for other cryptocurrencies like Mina and XRP.
Bitcoin has recovered to $61K now, whereas
Ethereum is at $3K after facing a fall. But the overall crypto market is still slow as the global market cap is around $2.28 Trillion, with the trading volume at $72.39 Billio…
What Coinbase’s $1.58 Billion Revenue Means for Crypto Assets
Digital asset exchange Coinbase released its Q1 2024 earnings report posting better-than-expected profits on the back of improved activity. A key feature of the release was that revenues doubled to $1.58 billion year-over-over showing a strong performance in the last three months. The report of huge growth from Coinbase and other publicly listed f…
Top Memecoins To Buy Post US Fed Meeting
Top memecoins have recorded gains after the outcome of the US Fed Meeting which saw the Federal Reserves maintaining interest rates.
Memecoins saw inflows in the last 24 hours as positive institutional investor sentiment emerged.Last week saw rapid outflows from the wider market as tokens plunged to lows but recorded in months. Bitcoin plummeted b…
Elliptic Unveils AI Model to Trace Bitcoin Money Laundering
A new artificial intelligence (AI) model has been announced by blockchain analysis firm Elliptic in partnership with researchers from MIT and IBM which is meant to identify money laundering activities within
Bitcoin transactions. To this effect, the announcement was made after the publishing of their research paper that outlines the methodology and…
Binance Crypto Exchange HKVAEX Ceases Withdrawals in Hong Kong Amid ETFs Debut
The crypto exchange HKVAEX linked to the world’s largest crypto exchange Binance to now fully ceased operations in Hong Kong, as reported earlier by
CoinGape. HKVAEX recently revealed a statement to cease withdrawals from the crypto exchange on April 30, shutting down all operations starting
May 1.The cease in operations coincides with the launch …
Will solana take over ethereum by end of 2024 ?
Amid
crypto market crash following
Bitcoin halving, Solana and Ethereum show different levels of performance. Solana’s annual increase of 480.53% contrasts with Ethereum’s decrease of 66.68%. During the previous week, Solana had a drop of 12.05%, whereas Ethereum had a smaller decrease of 1.06%. This article will analyze their most recent market p…
CoinMarketCap
Markets usually show better performances around the end of the year,
especially as good news tends to be released inContinue Reading
The post DeFi Catche...
CoinGecko
How to create a price chart using CoinGecko API
The post New post appeared first on CoinGecko.
CoinDesk
Ethereum's recent Dencun upgrade, which was designed to reduce fees and
help scale the network, has caused ether {{ETH}} to revert back to an
inflationary ...
Coins.ph
May 9, 14:36 GMT+08:00
*Resolved* - This incident has been resolved.
May 9, 13:07 GMT+08:00
*Investigating* - We regret to inform you that SOL network dep...
BitPinas
Kusho World stressed that the partnership aims to establish the NFT
collection as a flagship example within the web3 ecosystem by leveraging
YEY’s communit...
Coin Telegraph
Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic
enforcement action instead of engaging in meaningful discourse with the
cryptocurr...
Bitcoin News
[image: BTC Price Down 2%, Triggering Liquidation of Over $34M in Bitcoin
Longs in Derivatives Shake-Up]On May 9, 2024, bitcoin’s value faced a
decline, hi...
Metamask
Would you be able to create a ticket to contact the support team please,
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Visit : https://support.metamask.io/
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Click the large bl...
CoinGape
Top 3 price prediction: The total crypto trading volume has fallen to the
lowest level in seven months, underlining the impact of the bearish forces
in t...
Philpar