Latest Crypto News

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    • SUNDOGE Price Rally Imminent? Whale Buys Millions of Tokens
      Coinpedia Fintech News - 5 hours ago
      The post SUNDOGE Price Rally Imminent? Whale Buys Millions of Tokens appeared first on Coinpedia Fintech News The recently launched Tron-based Sundog (SUNDOG) meme coin has garnered massive attention from crypto enthusiasts and is poised for a significant price rally, potentially due to rising interest from whales. On September 14, 2024, the on-chain analytic firm Lookonchain made a post on X (Previously Twitter) that a crypto whale spent $500,000 worth of Tron …
    • Altcoins Primed for Massive Rally: Top Coins Still Offering Big Gains in the Next Six Months
      Coinpedia Fintech News - 5 hours ago
      The post Altcoins Primed for Massive Rally: Top Coins Still Offering Big Gains in the Next Six Months appeared first on Coinpedia Fintech News Analyst Miles Deustcher took to his latest video and opened up about  several key factors influencing the altcoin market, especially as we head into Q4. He explained that from a macro perspective, seasonal patterns, and crypto-specific factors, the next few months look promising. He believes we’re moving out of the accumulation phase and entering an …
    • FTX Unstakes Over $1 Billion in Solana: What’s Next For Crypto’s Comeback Kid?
      Coinpedia Fintech News - 6 hours ago
      The post FTX Unstakes Over $1 Billion in Solana: What’s Next For Crypto’s Comeback Kid? appeared first on Coinpedia Fintech News FTX recently unstaked over $1 billion worth of Solana (SOL), sparking concerns about the impact on the market. Despite this massive unstaking, Solana has shown resilience, currently trading around $137. Broader market sentiment, driven by expectations of a Federal Reserve interest rate cut, has helped maintain the bullish momentum. However, the increased supply of unstaked …
    • Altcoin Alert: Three ‘Ethereum Killers’ Set to Dethrone the Second Largest Crypto
      Coinpedia Fintech News - 6 hours ago
      The post Altcoin Alert: Three ‘Ethereum Killers’ Set to Dethrone the Second Largest Crypto appeared first on Coinpedia Fintech News There has been a looming concern about Ethereum’s future, if whether the platform is gradually becoming obsolete. Despite being a leader in the blockchain space, Ethereum faces challenges, including a growing outflow of Ether (ETH) into other projects. The recent launch of ETH spot ETFs, which initially generated excitement, is now under scrutiny, with some …
    • Whales Go on Solana Buying Spree After Breakout, SOL Eyes $165 Next
      Coinpedia Fintech News - 7 hours ago
      The post Whales Go on Solana Buying Spree After Breakout, SOL Eyes $165 Next appeared first on Coinpedia Fintech News After a significant breakout above $138, it appears that crypto whales are making big bets on Solana (SOL) and are currently on a buying spree. On September 14, 2024, the on-chain analytic firm Lookonchain made a post on X (previously Twitter) that a crypto whale had purchased a significant 10,000 SOL, worth $1.37 million from …
    • How High Can SUI Go? Experts Say Dogwifhat (WIF) And FXGuys ($FXG) Are In Contention For Massive Gains
      Coinpedia Fintech News - 8 hours ago
      The post How High Can SUI Go? Experts Say Dogwifhat (WIF) And FXGuys ($FXG) Are In Contention For Massive Gains appeared first on Coinpedia Fintech News How high SUI can go is a fair question, and the answer right now is simply very high. But it is not just SUI; the crypto market, in general, is projected to be kind to investors this month. Dogwifhat (WIF) and FXGuys ($FXG) are believed to be in contention for massive gains. While looking for …
    • Although Volatility has Peaked, the XRP Price Rally is Expected to Remain Stable–Here’s Why!
      Coinpedia Fintech News - 10 hours ago
      The post Although Volatility has Peaked, the XRP Price Rally is Expected to Remain Stable–Here’s Why! appeared first on Coinpedia Fintech News XRP price has been displaying immense strength by holding the lower support levels firmly in case of an extended bearish action. With the beginning of bearish September, it was expected that the price may break below the lower support but the past week’s trade revived bullish hopes and the possibility of reaching $0.65 if the …
    • Solana’s Long-Term Accumulation Strategy Pays Off – Here’s How
      Coinpedia Fintech News - 10 hours ago
      The post Solana’s Long-Term Accumulation Strategy Pays Off – Here’s How appeared first on Coinpedia Fintech News On a busy Friday in the crypto world, Bitcoin and Ethereum saw a significant boost in trading. Bitcoin briefly hit $58,400 before settling around $57,800, while Ethereum approached its recent high of $2,450. This activity led to a spike in leveraged and margin trades, with Bitcoin’s open interest reaching $12.2 billion and Ethereum’s hitting $5.36 …
    • Is XRP a ‘Shitcoin’? Top Analyst Ignites Debate as Ripple Price Rallies
      Coinpedia Fintech News - 10 hours ago
      The post Is XRP a ‘Shitcoin’? Top Analyst Ignites Debate as Ripple Price Rallies appeared first on Coinpedia Fintech News XRP is stealing the spotlight this week, beating top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) after a big update from Grayscale Investments. While many investors are riding the wave of excitement, not everyone is convinced. Popular crypto trader Sensei is betting against XRP, calling it a “shitcoin.” So, is XRP about to hit new …
    • Bitcoin (BTC) Price To Defy History & Record A Bullish September?
      Coinpedia Fintech News - 10 hours ago
      The post Bitcoin (BTC) Price To Defy History & Record A Bullish September? appeared first on Coinpedia Fintech News Amid rising volatility in the crypto market, the global valuation has surpassed the $2.10 Trillion mark with a jump of 3.09% in 24 hours and a total trading volume of $67.04 billion. Following this, the market leader, Bitcoin price has surpassed its important psychological mark of $60,000. With this, the hope of the BTC price …
    • Kraken Requests Jury Trial in Legal Battle With the SEC Over Alleged Securities Law Violations
      The Daily Hodl - 5 hours ago
      The crypto exchange Kraken has officially requested a jury trial in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Last November, the SEC charged Kraken with operating its crypto trading platform as an unregistered securities exchange, broker, dealer and clearing agency. Earlier this year, Kraken filed in US District Court to dismiss those charges, […] The post Kraken Requests Jury Trial in Legal Battle With the SEC Over Alleged Securities Law Violations appeared first on The Daily Hodl.
    • JPMorgan Chase ‘Knowingly Assisted’ $119,000,000 Ponzi Scheme, New Lawsuit Alleges
      The Daily Hodl - 5 hours ago
      Banking giant JPMorgan Chase is accused of knowingly enabling an alleged Ponzi scheme targeting retail investors. Plaintiff David Stapleton alleges the bank boosted an obvious fraudulent scheme orchestrated by Sanjeev Acharya, the CEO of Silicon Sage Builders, which resulted in significant financial losses for investors. Stapleton says Acharya raised more than $119 million from 250 […] The post JPMorgan Chase ‘Knowingly Assisted’ $119,000,000 Ponzi Scheme, New Lawsuit Alleges appeared first on The Daily Hodl.
    • Bitcoin Could Skyrocket by Up to 890% This Cycle, Says Analyst Michaël van de Poppe – Here Are His Targets
      The Daily Hodl - 6 hours ago
      A widely followed crypto analyst believes Bitcoin (BTC) could soar by triple digits before the cycle ends. Crypto trader Michaël van de Poppe tells his 724,700 followers on the social media platform X that Bitcoin could increase by up to 890% from its current value if investors choose the flagship digital asset as a hedge […] The post Bitcoin Could Skyrocket by Up to 890% This Cycle, Says Analyst Michaël van de Poppe – Here Are His Targets appeared first on The Daily Hodl.
    • Fake $100 Bills Spew From US Bank’s ATM As Customers Receive Paper Marked For ‘Motion Picture Purposes’: Report
      The Daily Hodl - 7 hours ago
      Customers at a billion-dollar bank say they’re shocked after a worthless trip to the ATM. More than a dozen people received counterfeit $100 bills marked “for motion picture purposes” and “in props we trust” when they visited an Independence Bank ATM in Providence, Kentucky, reports the NBC-affiliated news station WFIE. Among the victims is Tiffany […] The post Fake $100 Bills Spew From US Bank’s ATM As Customers Receive Paper Marked For ‘Motion Picture Purposes’: Report appeared first on The Daily Hodl.
    • US Companies Abruptly Take Out Record Amount of Debt Ahead of Potential Market Volatility: Report
      The Daily Hodl - 8 hours ago
      American firms have reportedly issued record volumes of debt in what analysts say is an attempt to get ahead of potential event risks in the near future. Data from the London Stock Exchange Group (LSEG) shows 29 investment grade bond deals were issued on one day in the first week of September, which is the […] The post US Companies Abruptly Take Out Record Amount of Debt Ahead of Potential Market Volatility: Report appeared first on The Daily Hodl.
    • Analyst Says Altcoin That’s Exploded Over 6,400% in One Year ‘Still Looks Strong,’ Updates Outlook on Dogecoin
      The Daily Hodl - 10 hours ago
      A closely followed crypto strategist and trader says one red-hot real-world asset (RWA) project may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that MANTRA (OM) “still looks strong.” “Consolidation in the previous range and now expansion; would be careful buying here personally and think […] The post Analyst Says Altcoin That’s Exploded Over 6,400% in One Year ‘Still Looks Strong,’ Updates Outlook on Dogecoin appeared first on The Daily Hodl.
    • Crypto Trader Issues Bitcoin Alert, Says BTC Could Crash by up to 47% From Current Level – Here’s Why
      The Daily Hodl - 12 hours ago
      Analyst and trader Ali Martinez is leaning bearish on Bitcoin (BTC) as the flagship crypto asset sits around 20% below the all-time high. Martinez tells his 71,000 followers on the social media platform X that Bitcoin has fallen below a key moving average, a development which could lead to the largest crypto asset by market […] The post Crypto Trader Issues Bitcoin Alert, Says BTC Could Crash by up to 47% From Current Level – Here’s Why appeared first on The Daily Hodl.
    • ‘We’re Going To Have a Strong October’: Analyst Says Bitcoin Primed To Rally Next Month – Here Are His Targets
      The Daily Hodl - 14 hours ago
      A cryptocurrency analyst who accurately called the Bitcoin correction earlier this year now believes BTC could turn bullish over the coming weeks. Pseudonymous crypto strategist Rekt Capital tells his 87,600 YouTube subscribers that Bitcoin looks primed for October rallies based on the flagship crypto asset’s history during the halving years. Earlier this year, Bitcoin witnessed another […] The post ‘We’re Going To Have a Strong October’: Analyst Says Bitcoin Primed To Rally Next Month – Here Are His Targets appeared first on The Daily Hodl.
    • $512,900,000,000 in Unrealized Losses Hit US Banks As Number of ‘Problem Banks’ Rises To 66: FDIC
      The Daily Hodl - 21 hours ago
      The number of US banks with major issues is on the rise, according to the Federal Deposit Insurance Corporation (FDIC). The agency’s Second Quarter 2024 Quarterly Banking Profile shows the number of lenders on its “Problem Bank List” rose quarter-on-quarter from 63 to 66. It’s the fifth consecutive quarterly increase of banks rated 4 or […] The post $512,900,000,000 in Unrealized Losses Hit US Banks As Number of ‘Problem Banks’ Rises To 66: FDIC appeared first on The Daily Hodl.
    • Crypto Analytics Firm Santiment Says Aave, Decentraland and The Graph Are ‘Altcoins To Watch’ – Here’s Why
      The Daily Hodl - 21 hours ago
      Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing. Santiment tells its 188,000 followers on the social media platform X that lending platform Aave, metaverse project Decentraland (MANA) and indexing protocol The Graph (GRT) seeing large short ratios on Binance, the largest […] The post Crypto Analytics Firm Santiment Says Aave, Decentraland and The Graph Are ‘Altcoins To Watch’ – Here’s Why appeared first on The Daily Hodl.
    • Here Are Today's ‘Hamster Kombat’ Daily Combo and Cipher Code
      Decrypt - 5 hours ago
      Looking for the daily combo and cipher code for Saturday, September 14? Here’s what you need to make bank in Telegram game Hamster Kombat.
    • Here Are Today’s ‘Rocky Rabbit’ Enigma and SuperSet Daily Combo Solutions
      Decrypt - 5 hours ago
      You can earn millions of free in-game coins in the Telegram game Rocky Rabbit. Here are the solutions for Saturday, September 14.
    • Pride, Prejudice and Pixels: Meet an AI Elizabeth Bennet at Jane Austen's House
      Decrypt - 8 hours ago
      Learn how the design of the interactive literary character came to life.
    • Here Are Today’s ‘X Empire’ Elon Musk Game Daily Combo and Riddle
      Decrypt - 10 hours ago
      Looking for the X Empire daily combo and riddle solution for Saturday, September 14? Here are the latest boosts for the Telegram game.
    • ‘Rocky Rabbit’ Telegram Game Adds Battle Mode Ahead of Airdrop
      Decrypt - 11 hours ago
      You can earn more in-game coins in Rocky Rabbit via the new Battle mode, but it isn’t quite what you might expect from the name.
    • This Week in Coins: Bitcoin Bounces Back as Bankman-Fried Appeals Conviction
      Decrypt - 12 hours ago
      It was a quiet week for the crypto markets—until Friday.
    • Prime-Time AI: Sam Altman Gives Oprah an OpenAI Primer
      Decrypt - 21 hours ago
      In an interview with Oprah Winfrey, Sam Altman discussed the potential of AI and the need for trust and diversity in the industry.
    • FOMO HOUR 199 - SO ABOUT YESTERDAY
      Decrypt - 22 hours ago
      Crypto majors bounce with stocks & gold after CPI. Kamala odds flip Trump after Presidential debate. SUI, FTM, ICP, TON lead gains in Alt L1s. Grayscale launches XRP trust, SUI to follow. FTX unstakes part of SOL position, large unlocks in Q1. 5 major announcements coming for SOL this month. SOL active addresses hits ATH for any blockchain. ETH dominance falls to 14%, lowest level in 3 years. AI coins strong as Nvidia & chip optimism returns. SWIFT set to build infrastructure for RWA trading. Coinbase launches wrapped Bitcoin product. ENS integrated with Venmo & PayPal. Pendle introduces Bitcoin yield pools at 45%. POPCAT gets Kraken listing, leads top SOL memes. SUNDOG breaks $300m after ByBit spot listing. Casino tokens rise, RLB up 100% in 2 weeks. Ape Punk sells in ‘heist’ for 10ETH. XCOPY editions & 1/1s see high sales. Fantasy Top trading volume continues to grow. Trump family set to launch crypto project Monday.
    • German Kraken Users Lose Access to Bitcoin Lightning Network
      Decrypt - 22 hours ago
      A Kraken spokesperson clarified to Decrypt that “regulatory changes” were not the reason for the change.
    • ‘Presumed Guilty’: Sam Bankman-Fried Files Appeal, Argues Judge Was Unfair
      Decrypt - 1 day ago
      FTX co-founder and former CEO Sam Bankman-Fried appealed his fraud conviction on Friday, arguing that he received an unfair trial.
    • ‘Doom Olympics’ Game Competition Kicks Off on Ethereum
      Decrypt - 1 day ago
      Compete in the Doom Olympics by completing seven unique on-chain challenges on Base and Cartesi—for a chance to win a slice of $15,000.
    • Magic Eden CEO Welcomes 'Regulatory Clarity' After SEC Threat to NFT Rival OpenSea
      Decrypt - 1 day ago
      Unlike OpenSea, Magic Eden CEO Jack Lu says his firm hasn’t received a Wells notice signaling impending legal action.
    • Telegram Game ‘Catizen’ Set to Reveal Airdrop Allocations as Binance Rewards Launch
      Decrypt - 1 day ago
      Telegram game Catizen will take a snapshot and tell players how many tokens they can claim, with a Binance rewards campaign underway too.
    • Bitcoin Price Nears $60,000 as Traders Anticipate Jumbo Rate Cut
      Decrypt - 1 day ago
      Bitcoin’s price rose as reports indicated that the Fed could begin lowering interest rates with a 50-basis-point cut.
    • US Government Intensifies Pressure on Nigeria to Free Detained Binance Exec: Report
      Decrypt - 1 day ago
      Officials have reportedly stepped up attempts to advocate for the release of Binance executive Tigran Gambaryan from Nigerian prison.
    • Consumer Watchdog Calls Tether a 'Disaster for Consumers Waiting to Happen'
      Decrypt - 1 day ago
      “Tether has many of the same issues that FTX and Celsius had before their collapse,” the watchdog wrote on its letter.
    • MicroStrategy Just Bought Another $1.1 Billion Worth of Bitcoin
      Decrypt - 1 day ago
      Michael Saylor’s software firm MicroStrategy now holds over $14 billion worth of Bitcoin after four years of buying up BTC.
    • Kraken Pushes for Jury Trial in SEC Lawsuit, Rails Against 'Crypto Asset Securities' Claims
      Decrypt - 1 day ago
      Kraken accused the SEC of blocking efforts to register or cooperate, saying they were “stonewalled” by inconsistent rulings and guidance.
    • Money, Get Away: Fake Celebrity Meme Coin Linked to Pink Floyd and Neymar Is 'Saddest Launch' Ever
      Decrypt - 1 day ago
      “The celebrity meta is officially dead,” Bubblemaps CEO says after celeb-pushed token fails to break $20,000 market cap.
    • How Ethereum Founder Vitalik Buterin Defines 'Stage 1+' Layer-2 Networks
      Decrypt - 1 day ago
      “It doesn’t matter if I invested, or if you’re my friend; stage 1 or bust,” he said in a recent tweet. Here’s what that means.
    • Bitcoin Stagnates as Analysts Forecast Potential Bottom For Ethereum Before End of Year
      Decrypt - 1 day ago
      “Traders should monitor medium-term reversal indicators such as RSI and Stochastics,” to catch signs of assets being oversold, said 10X Research.
    • OpenAI Launches New ‘01’ Model That Outperforms ChatGPT-4o
      Decrypt - 1 day ago
      The AI developer said it is “resetting the counter” for its product names as its latest set of models excel across its tests.
    • Bill to Fight AI Deepfakes Reaches US House as Entertainment Industry Cheers
      Decrypt - 1 day ago
      With backing from both parties, the legislation follows the intrduction of its counterpart in the U.S. Senate earlier this year.
    • ‘Hamster Kombat’ and ‘Catizen’ Telegram Token Demand Could Disrupt TON, Devs Warn
      Decrypt - 1 day ago
      Airdrop season on The Open Network is nearly here, and developers admit that demand could get the better of the Telegram-linked network.
    • Why CEO Jack Lu Is Pushing Magic Eden Beyond NFTs
      Decrypt - 1 day ago
      Magic Eden’s grip on the NFT market has been cemented by a multi-chain approach under co-founder and CEO Jack Lu. Now the marketplace is pushing forward with a digital wallet that bridges Bitcoin, Ethereum, and Solana as it eyes other future expansions. Lu discusses Magic Eden’s evolution since its early days, along with valuable lessons learned in the turbulent crypto industry.
    • Adobe Pushes Into Generative Video With Firefly Amid AI Controversy
      Decrypt - 1 day ago
      Adobe’s Firefly Video Model, set for release in beta later this year, introduces new generative AI capabilities to its Premiere Pro video suite.
    • ‘Magic Muffins’ Game Launches on Telegram to Take on ‘Hamster Kombat’
      Decrypt - 1 day ago
      Earn Alliance’s Telegram game Magic Muffins delivers a tap-based combat experience that’s tied to the platform’s upcoming ALLY token launch.
    • Kalshi's US Election Prediction Markets Go Live as CFTC Seeks Appeal
      Decrypt - 2 days ago
      Legal and regulated U.S. prediction markets platform Kalshi has launched its first election pools after the court win over the CFTC.
    • US Dollar Is Taking Over the World Thanks to Stablecoins: Report
      Decrypt - 2 days ago
      Survey data shows that stablecoins are inciting net flows into dollar instruments where U.S. dollar banking is unavailable.
    • Coinbase Wrapped Bitcoin Sparks Pushback from Justin Sun
      Decrypt - 2 days ago
      The TRON founder’s connection to WBTC has driven interest in alternatives, and Sun is not a fan.
    • ‘Hamster Kombat’ Will Give Out Billions of Tokens via Binance in Telegram Game Airdrop
      Decrypt - 2 days ago
      Binance users will be able to earn a share of 3 billion HMSTR in the lead-up to Hamster Kombat’s token launch on TON.
    • Solana’s Pump.Fun Has Launched Millions of Tokens—Fewer Than 100 Are Worth Much at All
      Decrypt - 2 days ago
      Pump.fun is “stale,” traders believe, as the protocol fails to keep more than 100 tokens above a $1 million market cap.
    • Fuse Plugs Solana Token Into Energy Distribution DePIN Play
      Decrypt - 2 days ago
      With a new $12 million fundraising round, the renewable energy company aims to reward customers for supporting the power grid.
    • European Central Bank Drops Interest Rates Again as Bitcoin, Stocks Bounce Back
      Decrypt - 2 days ago
      The Fed is likely to drop rates next, potentially setting up Bitcoin for another “Uptober” after a shaky start to September.
    • FOMO HOUR 198 - THE GREAT APE HEIST!
      Decrypt - 2 days ago
      Crypto rises with stocks after CPI falls again. Bitfinex BTC longs continue to grow. SUI again leads L1s, up 18%. FTX estate unstakes $24m SOL, still has $943m. Binance introduces SOL liquid staking. SWIFT introduces infrastructure for RWA transfers. Pendle launches Bitcoin yield pools. UK makes crypto legal property. India leads crypto adoption for second year. Vitalik won’t advertise L2s with multi-sig security. Based rollups seen as alternative future for ETH. Blockchain music start up raises $50m. Ford & Toyota file blockchain patents.
    • Grayscale Debuts XRP Trust Following Bitcoin and Ethereum ETF Launches
      Decrypt - 2 days ago
      Crypto asset manager Grayscale launched the XRP Trust, a new product giving investors exposure to the Ripple-aligned asset.
    • ‘Eve Frontier’ Survival Game Is Being Built on Ethereum, CCP Reveals
      Decrypt - 2 days ago
      Eve Online maker CCP Games has rebranded Project Awakening, which is being built on Ethereum layer-2 network Redstone.
    • Fomo Hour 197 - Debate Disaster
      Decrypt - 3 days ago
      Crypto falls slightly after Presidential debate. Exchanges see highest BTC outflow since May. Be wary of Yen move for BTC: Hayes. SOL active addresses hit ATH. At least 5 massive SOL announcements coming: Mert. Binomial to introduce restaking on BNB. Indonesian exchange hacked for $22m. Atomic Wallet wins lawsuit over $100m hack. Lawyers argue Ellison shouldn’t go to jail. ENS integrated with Venmo & PayPal. Galaxy & State Street launch 3 crypto ETFs. Standard Chartered begins UAE crypto custody. AAVE leads resurgence in DeFi coins.
    • FOMO HOUR 196 - THE INFLOWS RETURN!
      Decrypt - 3 days ago
      BTC ETFs: +$29m, ETH ETFs: -$5m. BTC rallies, ETF has first inflow in 9 trading days. BTC may have put in first higher low in 6 months. Saylor predicts $13m price for BTC. Wealth advisors quickly adopting BTC: BitWise CEO. Binance among few firms to get Indonesia license. Spot trading on CEXs up 30% in August. SEC made $4.68bn from crypto firms in 2023. $5.6bn lost to scams in 2023. XRP security status may be unchallenged in appeal. EtherFi announces credit card on Scroll. Base has more DEX users than other L2s combined. Tether & Tron create taskforce against crime. TIA still only making $585 in daily fees. WLD investigated by Singapore police.
    • FOMO HOUR 195 - CAN WE GET A BOUNCE?
      Decrypt - 3 days ago
      BTC: 55.3k (+2%), ETH: 2320 (+1%), SOL: 130 (0%). Top Gainers: FTM, TAO, BTT, AAVE, TON, ATOM. Crypto mini-bounce continues, BTC reclaims $55k. BTC RSI hits lowest level since July 2021. Bitfinex longs continue to grow aggressively. BTC hashrate hits another ATH. BTC could hit $90k on Trump election: Bernstein. BlackRock settles intraday BTC trades off-chain. Spot BTC ETFs have been a failure: Bianco. Power giant Tepco explores Bitcoin mining. ETH Foundation & Vitalik continue to sell ETH. Farcaster DAU’s down 95%.
    • Presenting MYRIAD, a prediction market and digital media engagement ecosystem
      Decrypt - 5 days ago
      Media company DASTAN, the parent company of Decrypt and Rug Radio, is embarking on the next stage of its evolution with the launch of MYRIAD, a prediction market and engagement ecosystem that aims to “transform the digital media landscape.”
    • FOMO HOUR 194 - ARE NFTS BACK?
      Decrypt - 1 week ago
      Crypto weak after continued ETF outflows. Durov breaks silence, TON bounces 3%. Telegram will start moderating private chats. Hayes & Brandt flip bearish on BTC. Coinbase shares hit 7 month lows. 90% of crypto firm applications rejected in UK. Japan’s 3 largest banks to trial stablecoins. Trump promises again to embrace crypto. INJ launches BlackRock BUIDL index. DWF to launch synthetic stablecoin. Vitalik to donate all L2 tokens to charity. Most VCs in crypto ‘will disappear’.
    • Crypto Researcher Explains Meme Coin Mania
      Decrypt - 1 week ago
      Head of Research at CoinMarketCap, Alice Liu, breaks down the highs and lows of meme coin mania in 2024. We’ve seen meme coins like Dogwifhat (WIF) soar to huge market caps and we’ve seen political meme coins crash as the candidate drops out (BODEN). Liu explains the data behind all of this.
    • FOMO HOUR 193 - NVIDIA DROPS-OFF
      Decrypt - 1 week ago
      Crypto falls on macro wobble, Yen fears. OI wiped in BTC drop to $56k, funding negative. Altcoins down 13% YTD, stablecoin supply up 30%. BTC mining profitability at record low: JP Morgan. FBI says North Korea targeting BTC ETF issuers. Trump family to launch DeFi project on ETH. Trump project linked to AVAX’s Dough Finance. Trump family members hacked during launch. AI coins underperform after Nvidia investigation. MATIC upgrade to POL begins. TON falls as Telegram faces issues in many countries. VC funding & BTC correlation breaks down. We have entered crypto’s ‘corporate phase’. Gensler will leave regardless of election: Ripple CEO. Harris campaign has asked Coinbase for advice. Penpie DeFi project hacked for $27m. Galois Capital settles with SEC over FTX custody.
    • FOMO HOUR 192 - WTF IS ETHERVISTA
      Decrypt - 1 week ago
      OI continues to rise as BTC stabilises. BTC still best performing assets class this year. FTX to distribute $16bn to creditors starting in Q4. Qatar introduces regulatory framework for crypto. ETH L1s fees down 90%, L2 activity ATH. Base hits 14m monthly users, many may be Sybil. ETH is in death spiral: Krueger. SOL to see significant unlocks in Q1. Japan considers dropping crypto tax to 20%. Rate cuts won’t help BTC: Hayes. BTC should double after rate cuts: Tapiero. Mr 100 linked back to Upbit wallet. WazirX hacker moves funds to Tornado. SUI to launch handheld gaming device. Sony & PYTH announce collaboration.
    • Dogecoin Millionaire Explains How Neiro United Meme Coins
      Decrypt - 2 weeks ago
      Kabosu, the dog many know as Doge and the mascot of Dogecoin, sadly passed away earlier this year. Its owner later adopted another Shiba Inu called Neiro which caused a long blockchain civil war with multiple tokens battling it out for liquidity. Now a month later SlumDOGE, the man who became a millionaire off Dogecoin (but never sold), explains why Neiro is a moment for the dog coin community to unite.
    • FOMO HOUR 191 - CRYPTO STABLE
      Decrypt - 2 weeks ago
      BTC ETFs: -$72m, ETH ETFs: -$2m. BTC weekly volatility returns to multi-year lows. BlackRock BTC ETF sees first outflow in months. ETH dominance hits 4-year low. Vitalik linked wallet sells $2m ETH. Bukele talks up BTC impact in Time interview. CBoE files for ETH & BTC ETF options. Elon & Tesla win DOGE manipulation lawsuit. Macron denies inviting Durov to France. Trump promises to make US the ‘crypto capital’. Trump advertises Liberty Financial DeFi project. DeFi mindshare continues to grow.
    • FOMO HOUR 190 - OPENSEA VS SEC
      Decrypt - 2 weeks ago
      BTC: 59.7k (0%), ETH: 2545 (0%), SOL: 146 (-1%). Top Gainers: HNT, IMX, ICP, ADA, KCS. BTC ETFs: -$105m, ETH ETFs: +$6m. Bitcoin in tight liquidation range, ETH outperforms. ETH ETF sees first in flow in 10 days. Funding rates all turn negative. Mr 100 buys 500 BTC in dip. France formally charges Durov, can’t leave country. TON jumps 6% after Durov release. TON faces another outage related to DOGS. AI coins fall after Nvidia earnings. Crypto payments about to soar: Armstrong. Binance denies freezing Palestinian accounts. CryptoCom & Standard Chartered partner.
    • FOMO HOUR 189 - TRUMP LAUNCHES MORE NFTS
      Decrypt - 2 weeks ago
      BTC ETFs: -$127m, ETH ETFs: -$3m. BTC hits $58k after ETF outflows, then bounces. BTC sees largest exchange outflow in a year. Divergence between BTC & stocks grows. TON stops producing blocks briefly, price bounces. TON outage linked to DOGS launch. Maker DAO rebrands as Sky. USDS upgrade from DAI will have freezing function. Robinhood readds SOL support. SEC charges 2 brothers with $60m crypto scam. Nasdaq pitches options on BTC ETFs. Full-time open source devs under 8k in crypto. Crypto owners more likely to be ‘psychopaths’.
    • FOMO HOUR 188 - TON CONTINUES TO FALL
      Decrypt - 2 weeks ago
      BlackRock ETF sees biggest inflow in 35 days. BTC ETFs have 12 straight days of inflows. ETH ETFs have 8 straight days of outflows. ETH/BTC ratio continues to hit new lows. Russia to start using crypto for trade this week. Stablecoin TVL hits ATH of $168bn. Durov faces several serious charges in France. Telegram also under investigation in India. TRX flips TON, enters top 10 crypto coins. Crypto is the currency of AI: Naval. 84k new crypto millionaires created this year. SEC lawsuit against Kraken to proceed to trial. Aave proposes integration with BlackRock BUIDL. Celsius has repaid $2.5bn in assets so far.
    • PEPE Faces Potential 5% Drop, Eyes Key Support Level Retest
      NewsBTC - 4 hours ago
      After a recent breakout, PEPE has experienced a notable drop as it moves to retest crucial support levels. This retest is crucial for the cryptocurrency, as it will determine whether the bullish momentum can continue or if the price will struggle to hold above this level. The aim of this article is to analyze PEPE’s recent price action as it drops to retest critical support at $0.00000766 following a breakout. It will examine whether this support level can hold and lead to a rebound, potentially setting the stage for a renewed upward trend, and explore potential scenarios for its next move. Analyzing The Current Market Condition Of PEPE On the 4-hour chart, PEPE is currently trading above the 100-day Simple Moving Average (SMA), indicating a generally positive trend. However, the crypto asset is experiencing significant bearish momentum that could drive the price down toward the $0.00000766 level for a crucial retest. Additionally, on the 4-hour chart, the Relative Strength Index (RSI) signal line is currently at 66%, moving down from the overbought zone toward the 50% threshold. This decline indicates increasing pessimistic momentum, suggesting a greater likelihood of PEPE approaching the $0.00000766 support level. Related Reading: PEPE Selling Pressure Surges As Price Slips Under $0.00000766 Support On the 4-hour chart, PEPE appears to be moving downward toward the $0.00000766 support level while approaching the 100-day SMA. Despite this short-term decline, the recent bullish market sentiment suggests that this drop may be temporary and could potentially lead to a rebound in the near future. Finally, the 1-day RSI signal line, which has risen to 51%, is now declining towards the 50% level. The drop in the RSI indicates a potential upward momentum weakening, reinforcing the likelihood of a price retracement to the support level for further evaluation. Evaluating PEPE’s Support Test: Can $0.00000766 Hold Firm? If $0.00000766 holds up against the selling pressure, it could indicate a potential rebound and a continuation of the upward trend toward the next resistance at $0.00001152. A successful breach of this resistance level might signal a stronger bullish move, paving the way for further price increases to even higher levels. Related Reading: Buying The Dip: PEPE Price Recovers 10% As Whales Load Their Bags However, if $0.00000766 fails to hold as support, it could lead to additional declines toward the $0.00000589 support level. Should PEPE fall below this level, it may move on to challenge the $0.00000398 range and beyond. Over the past 24 hours, PEPE traded around $0.00007822, reflecting a 6.93% increase. The cryptocurrency’s market capitalization has risen to over $3.2 billion, with trading volume surpassing $527 billion, indicating a 6.94% and 59.38% increase respectively in the past day.  Featured image from iStock, chart from Tradingview.com
    • Solana Liquid Staking Could Touch $18 Billion – Will It Benefit These Altcoins?
      NewsBTC - 6 hours ago
      A new report has highlighted the key changes that could follow a significant increase in Solana liquid staking. Driven by strong investor demand, if Solana’s liquid staking were to reach $18 billion, it could significantly benefit Solana (SOL) and Jito (JTO), a liquid staking token on the Solana blockchain, potentially fueling positive momentum and a rise in the value of both altcoins.  Related Reading: Get Ready For Take-Off! Shiba Inu Price To Jump 7,350% — Analyst Adoption Boom To Ignite Solana Liquid Staking Over the past few years, SOL has had an impressive run, outperforming most altcoins while leading the meme coin market with its numerous blockchain-based meme coins. However, the cryptocurrency’s Liquid Staking ratio has remained significantly low compared to Ethereum’s. Only 6.5% of Solana is staked through liquid staking, marking just one-third of Ethereum’s LSTs.  In a recent report, Bybit disclosed that while Liquid Staking Tokens (LST) on the Solana blockchain did not experience immediate growth right off the bat, they are now starting to show signs of expansion and dominance in the DeFi landscape.  Currently, half of the top 10 largest DeFi protocols by Total Value Locked (TVL) on Solana are now Liquid Staking providers, suggesting a rapid growth in the LST market. Additionally, the total market capitalization of LSTs on Solana has increased to $3.6 billion, reflecting a nearly 16X increase in its value from a year ago.  Based on Ethereum’s LST market statistics, Bybit predicts that Solana’s LST market could potentially grow to $18 billion, representing 5X more than its current value. However, this massive surge is dependent on whether Solana’s LST ratio reaches that of Ethereum’s.  Given how ambitious a $18 billion surge is, Bybit has considered it a more conservative and potentially attainable estimate. The report has suggested that if Solana’s liquid staking ratio were to grow by only 10%, it would represent a 53% increase in the size of its liquid staking market.  For this to happen, Solana’s DeFi ecosystem is expected to gradually expand while the demand for LSTs on the blockchain rises. This increased demand may lead to massive adoption, attracting more developers, users and protocols to the Solana ecosystem.  Furthermore, Bybit has highlighted its role in developing and improving the growth of Solana LSTs. To help drive massive adoption in Solana’s LST market and DeFi ecosystem, Bybit has announced its plans to launch its own liquid staking token on the Solana blockchain.  Key Players To Gain From Solana’s Liquid Staking Growth Notably, the growth of Solana’s Liquid Staking could greatly influence the price dynamics of both SOL, Solana’s native token and JTO, the native token of Jito. A rise in Solana LSTs signals heightened adoption of the blockchain, which could attract a wave of new investors and users to SOL.  This, in turn, could drive positive momentum for SOL, enabling the altcoin to potentially experience a significant price rally. Meanwhile, JTO, one of the key altcoins in the Solana LST market, stands to benefit immensely if Solana’s liquid staking…
    • Shiba Inu Seen Exploding 1,000%-7,300%: Bold Predictions Signal Massive Growth
      NewsBTC - 8 hours ago
      Once more making waves with some fascinating predictions is Shiba Inu (SHIB). Top trader Dexter has set an ambitious long-term target for the meme coin despite market volatility, expecting it may rise from $0.00001389 to $0.00015, which is almost a 1,000% increase. Related Reading: Blazing Solana: Analyst Foresees Nearly 700% Price Explosion SHIB is exhibiting a 1.27% growth over the previous 24 hours, and over 7% in the last week. Still, it’s not getting much traction even while the larger crypto market shows an improving trend. Analyst Krao at TradingView presents a somewhat different prediction. With a whopping 7,300% gain from its present price, Krao is hopeful that SHIB might perhaps soar to $0.001 by early 2025. His positive view rests on a fundamental technical pattern shown on the monthly chart. SHIB has been caught in a protracted decline since reaching its all-time high in October 2021 of $0.000088. A break from this declining wedge formation, according to Krao, could set off a major rally and propel SHIB skyward. Shiba Inu: Short-Term Forecast Unlike Krao’s long-term hope, CoinCodex presents a more wary short-term SHIB projection. Their study shows that the price is expected to gradually decline by 0.69%, maybe reaching $0.00001397 by October 13, 2024. With the Fear & Greed Index showing a level of anxiety at 32, the overall mood is neutral. This captures a degree of market anxiety that can affect the near-term fluctuations in SHIB. Despite this, some analysts advise that considering the possibility for future gains, now could still be a good time to buy SHIB. Current Market Sentiment Before somewhat recovering, SHIB’s price dropped into the $0.000012 area earlier this week. The token’s performance has been underwhelming on weekly and monthly bases. Its recent price path has shown more gloomy days than more hopeful ones. Apparently moving their money to other joke currencies like PEPE and Dogelon Mars, which are now outperforming SHIB, are retail investors. Dexter keeps a good perspective in front of these difficulties. He is hoping that SHIB might still eradicate another zero, so increasing its value in the next months. Having a market cap of more than $7.78 billion, SHIB is still rather prominent in the digital currency scene. Support And Resistance Dexter’s study identifies critical support areas for SHIB, mostly between $0.00001076 and $0.0000120. SHIB needs these support levels if it is to get back up and increase momentum. Should SHIB decline from these levels, it may do so significantly to $0.000007. From its present value, this possible drop would be 47%; from its annual high of $0.000045 attained in March, it would signal still another dip. Technical signs point to SHIB as at a turning point. Whether it can keep these important support levels will mostly determine its capacity for a bounce-back. Related Reading: Bitcoin To Hit $100K? Investors Believe US Election Won’t Affect Its Rise Looking Ahead While Shiba Inu negotiates its present difficulties, different analysts present conflicting views. While Dexter’s long-term optimism and Krao’s ambitious forecasts offer…
    • Bitcoin Hits $60,000 As Market Conditions Align For Crypto Price Surge: Santiment
      NewsBTC - 10 hours ago
      Bitcoin has hit the $60,000 price mark, recovering a price level last seen since August 29. Based on data from CoinMarketCap, The crypto market leader moved by 3.98% on Friday, capping off a rather impressive weekly performance. Commenting on this price gain, prominent blockchain analytics company Santiment has provided insight into shifting market dynamics that may result in a sustained price rally for Bitcoin and other cryptocurrencies. Related Reading: Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report Bitcoin Accumulation, Exchange Outflow Signal Bullish Sentiment  In an X post on Friday, Santiment shared key developments in the BTC market that could encourage retail investors’ participation in the coming weeks.  The on-chain analytics team reported consistent levels of massive accumulation from BTC whales and sharks. When large-scale investors such as these consistently purchase a massive amount of an asset, especially during downturns or turbulent periods, it indicates confidence in the asset’s long-term profitability. 🥳 Bitcoin is within inches of regaining the coveted $60K market value for the first time since falling below back on August 29th. The dynamic duo of mid-term accumulation from sharks & whales, and falling levels of BTC on exchanges, sets the stage for crypto to roll again. pic.twitter.com/LHyxaK4Rci — Santiment (@santimentfeed) September 13, 2024 According to Santiment, Bitcoin sharks and whales i.e. wallets holding 10 BTC and above, have acquired 28,500 BTC in the last three months bringing their total holdings to 16.18 million BTC, valued at $978.29 billion.  Aside from this encouraging accumulation trend, Santiment has also noted a decline in Bitcoin supply on exchanges. For context, an increase in exchange balances of an asset indicates investors are cautious and selling or preparing to sell their holdings. The opposite of such a scenario means that investors are moving their holdings to self-custodial wallets, likely in anticipation of a price rise. Based on Santiment’s report, approximately 75,000 BTC, valued at approximately $4.54 billion, has been withdrawn from exchanges in the last three months, bringing the current total exchange Bitcoin balance to $1.86 million BTC. Santiment concludes that the combination of these two factors i.e. constant accumulation by big investors and a decrease in exchanges BTC supply indicate that Bitcoin and the crypto market at large are gathering momentum for a massive price rally.   Related Reading: Why Bitcoin Retesting $57,000 Is Good For The Price Massive Bullish Divergence Signals Potential Altcoin Rally In other news, crypto analyst Michël van de Poppe has noted a large weekly bullish divergence on TOTAL3/BTC, a trading chart that tracks the combined value of all altcoins excluding Ethereum in BTC.  This bullish divergence largely indicates that selling pressure is weakening and altcoins are about to rally against the crypto market leader. Such notions align with van de Poppe’s long predictions of altcoins superseding Bitcoin in market dominance and performance in the coming months. At the time of writing, Bitcoin continues to trade at $60,369 with a market gain of 4.25% on the last day. Meanwhile, the total crypto market cap is valued…
    • Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst
      NewsBTC - 14 hours ago
      The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where recovery could begin. While the drop in MVRV could suggest an “opportunity for long-term investors,” the analyst warns that caution is needed. Related Reading: Bitcoin’s Leverage Ratio Hits New High: What Does This Mean BTC? Bitcoin Will Recover If Its MVRV Does This The MVRV (Market Value to Realized Value) ratio is a metric used in cryptocurrency to assess whether an asset, like Bitcoin, is overvalued or undervalued relative to its “realized value.” Market Value refers to the asset’s current price multiplied by its total circulating supply, essentially the market capitalization. Realized Value is calculated by summing the value of each coin at the price it was last moved on-chain, giving a picture of what the network participants paid for their holdings. According to Mevsimi, historically, when the Bitcoin MVRV ratio breaks back above its 365-day average, it has been followed by a renewed sense of optimism in the market, often signaling the start of a “more sustainable upward trend.” However, the current economic environment, marked by ongoing macroeconomic uncertainties, suggests that Bitcoin’s recovery could take longer. In the meantime, the analyst advises investors to maintain a balanced outlook, noting: Therefore, maintaining a measured and balanced perspective is essential. A positive outlook is understandable, but it should be tempered with awareness of the broader risks until the MVRV ratio confirms a more sustained upward momentum. Related Reading: 11% Of Bitcoin Supply In Coinbase’s Hands: Analyzing The Potential Risks Buy Signal Identified In BTC Meanwhile, Despite the current state of the MVRV ratio, Bitcoin’s price has shown some signs of recovery in as of today. After briefly dipping below the $58,000 mark earlier in the day, the asset has reversed its trajectory, gaining 1.2% to reach a price of $58,463 at the time of writing. Crypto analyst Mags took to X to highlight a key bullish signal: the Bitcoin hash ribbon. According to Mags, the Bitcoin hash ribbon indicator has flashed a buy signal, historically one of the “most reliable” indicators for Bitcoin’s price movement. Mags mentioned that every time this signal appeared, it was followed by a significant price surge, giving traders reason to believe that Bitcoin could see a bullish breakout soon. #Bitcoin – hash ribbon flashed a buy signal. Historically, this has been one of the most reliable indicators for Bitcoin. Every time we’ve seen this signal, it’s often followed by a massive pump in BTC! pic.twitter.com/hXFLkTKXTH — Mags (@thescalpingpro) September 13, 2024 Featured image created with DALL-E, Chart from TradingView
    • Meta to Resume Training AI With Data From UK Facebook, Instagram Users
      Bitcoin News - 4 hours ago
      Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite initial opposition, Meta has now engaged with U.K. regulators and is nearing the launch of its AI products in the U.K. The company clarified that […]
    • Web3 Innovation and Transformation: InnoBlock 2024 Held by ABGA and BBS
      Bitcoin News - 4 hours ago
      PRESS RELEASE. Web3 technology is leading a global technological revolution, propelling the internet industry into a new era of profound transformation and reconstruction. In this digital revolution, innovation is not only the driving force for the development of the Web3 industry, but also a crucial strategy for its future layout. In response to this trend, […]
    • Rives Launches Doom Olympics: A Competitive Onchain Gaming Event
      Bitcoin News - 5 hours ago
      Rives, a blockchain gaming project, has announced the launch of its Doom Olympics, a unique competition built on the Cartesi platform. The tournament will feature seven distinct challenges inspired by the classic video game Doom, rewarding top players with over $15,000 in prizes. Rives Combines Blockchain and Classic Gaming With Doom Olympics Rives has structured […]
    • Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election
      Bitcoin News - 6 hours ago
      Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a new bet has emerged. People are now speculating on the chances of Trump launching a cryptocurrency […]
    • FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors
      Bitcoin News - 8 hours ago
      Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different judge. Sam Bankman-Fried’s Appeal Targets Conviction Over Alleged Legal Missteps In an appeal filed with […]
    • NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply
      Bitcoin News - 9 hours ago
      Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week. NFT Sales Total $74.86M in a Week Marked by Buyer Decline In the […]
    • Nigerian Blockchain Group Ousts President, Who Remains Defiant
      Bitcoin News - 10 hours ago
      The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal body and misusing his position. Iwuno denied these allegations and accused the SIBAN board of trustees of acting unlawfully. Despite the expulsion, Iwuno claimed to remain SIBAN’s president. The SIBAN board warned others to avoid dealing with […]
    • 5 US States Settle With GSB Group Over Unregistered Crypto Sales
      Bitcoin News - 13 hours ago
      Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting or denying violations. 5 States Reach Settlement With GSB Group Over Unregistered […]
    • Network Latency Drives Solana Validator to South Africa’s Commercial Hub
      Bitcoin News - 16 hours ago
      Superfast founder Martin Tromp has launched a Solana validator in one of Teraco’s Johannesburg data centers. Solana is a fast, scalable blockchain platform competing with Ethereum. As a proof-of-stake system, validators like Tromp’s play a crucial role in maintaining network security and verifying transactions. Tromp initially launched the validator in Cape Town but moved to […]
    • Uniswap Labs CEO Denies Protocol Deployment Extortion Claims
      Bitcoin News - 17 hours ago
      Uniswap Labs CEO Hayden Abrams has refuted claims that the platform charges $20 million for protocol deployments, calling them “completely false.” Abrams, who said he rarely engages with individuals seeking attention, explained that protocol deployments typically follow a governance vote. He added that deployments are prioritized based on the activity and effort involved, but efforts […]
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