Here’s XRP Potential Surge If Bitcoin Achieves $1M as Predicted by Bernstein

XRP could similarly enter unprecedented price territories if Bitcoin attains the $1 million that Bernstein analysts anticipate. XRP has been stuck in a holding pattern, lingering just shy of the $0.50 mark for days. As of now, XRP is trading at $0.486, reflecting a modest loss of 1.08% in the last 24 hours. However, over […]

Bitcoin Warning: Key Indicator Predicts BTC Downturn

Bitcoin, the first and largest cryptocurrency has quadrupled in price since the beginning of 2023, reaching a new high of $73,798 in March, boosted by demand for U.S. exchange-traded funds. However, recent observations by crypto analyst Ali might suggest a concerning trend: a significant downturn in exchange-related on-chain activity for Bitcoin. On-chain activity refers to […]

Analytics Firm Names 16 Potential Altcoins to List and Airdrop on Binance

Cryptocurrency analytics company Layergg recently published a statement predicting potential altcoin projects that could be listed on Binance in the near future. The company divided these projects into four groups: Newly Added Projects, Frontrunners, Contests, and Potential. Newly Added Projects: StakeStone: The airdrop promotion of StakeStone’s governance token is currently live on Web3WithBinance. Users can […]

Massive sell-off as Chainlink unlocks $300 million of LINK, sends to Binance

On June 21, Chainlink (LINK) vesting contracts unlocked 21 million non-circulating tokens worth nearly $300 million. This amount represents significant supply inflation, with notable economic effects that may impact its price as a sell-off occurs. According to a SpotOnChain report, the team sent 18.75 million of the unlocked amount to a Binance deposit address. Hence, […]

Developers Start Unlocking Locked Tokens in This Altcoin

Cryptocurrency analysis platform Arkham announced that Space ID, a provider of web3 domains and digital identities, has begun unlocking tokens for its Strategic Selling program. The first unlock took place today at 05:13 UTC+3, and the multi-signature contract (0x54…497d) released 26.667 million ID tokens from the Space ID Strategic Sale Unvested contract. This release is […]

Binance CEO welcomes Standard Chartered move to launch Bitcoin trading desk

Binance CEO Richard Teng has welcomed Standard Chartered into the crypto industry after reports revealed that the banking giant was preparing to launch a spot trading desk for Bitcoin and Ethereum. This move would make the bank one of the first major traditional financial institutions to offer direct trading services for the top digital assets […]

Solana (SOL) Welcomes Most Crucial Upgrade in Years

High-performance L1 blockchain Solana (SOL) activates ZK Compression technology in mainnet. This development is expected to change the way Solana’s (SOL) dApps scale and reduce computational prices dramatically, a seasoned developer says. Solana (SOL) implements ZK Compression mechanism Solana (SOL) blockchain adopts ZK Compression, a crucial upgrade for its scaling and peformance metrics. Mert Mumtaz, […]

Verida Raises $5 Million to Bolster User Data Privacy in AI Age

Verida, a decentralized personal information network (DePIN) developer, has raised $5 million in a funding round aimed at tackling growing concerns over user data privacy in the age of artificial intelligence. The company aims to provide internet users with alternative data storage solutions that prevent their data from being used to train artificial intelligence models. […]

6 Cryptos To Duck Trading This Week As Price Risks Fall

The ever-evolving world of cryptocurrencies appears to be bracing for yet another seismic shift in the prices of certain tokens. As massive token unlocks loom over the horizon, 6 cryptos prepare to take the heat of increased market supply in the coming week.

BREAKING: BTCTurk Allegedly Hacked!

According to breaking information, cryptocurrency detective ZachXBT announced in his statement that there may have been a hacking incident on the BTCTurk exchange. In a screenshot claimed to be the official statement, the exchange stated that only 10 cryptocurrencies held in its hot wallets were affected, while the funds in the cold wallet were safe. […]

Bitcoin Halving: How Miners Are Adapting to a New Revenue Reality

The recent Bitcoin halving event has triggered a significant shift in the revenue landscape for miners, altering their strategies and potentially impacting the broader cryptocurrency market, according to a new analysis. As highlighted by analytics firm Checkonchain in a YouTube video, the recent halving event has significantly shifted miners’ revenue sources, impacting overall market dynamics. […]

Washington State Regulator Warns Investors of Pig Butchering Crypto Scheme

The Washington State Department of Financial Institutions (DFI) issued a warning on Thursday after it received a complaint from a Washington investor about Fameex, now offline. The investor, a real estate agent, met scammer “Jackson Qie” via an unsolicited text. Qie convinced him to invest over $113,000 in ether (ETH) and tether (USDT) on Fameex. […]

Gloomy Week: Spot Bitcoin ETF Outflows Surpass $500 Million

Key Points: Major US spot Bitcoin ETF outflows have marked a gloomy week for the crypto market. Despite outflows, cumulative inflows for US spot Bitcoin ETFs have reached $14.56 billion, with BlackRock’s IBIT now leading the market. Analysts predict Bitcoin could reach nearly $200,000 by the end of next year, driven by strong investor interest […]

Digital Chamber Flags Privacy Concerns In IRS Digital Asset Tax Draft

The Digital Chamber has submitted its feedback on the Internal Revenues Service (IRS) draft 1099-DA released on April 18. The group flagged areas of concern for the wider blockchain sector on the new proposed tax reporting guideline. Other analysts and crypto stakeholders have also pointed out issues with the initial draft.

Expert Says XRP Can 100X To $49.18: Here’s How

Nick, a widely followed researcher and founder of TheWeb3Alert, explains how XRP may witness a 100X that drives its value to $49. Over the past few days, XRP has maintained a stable price below the psychological $0.50 threshold. After reaching an intraday high of $0.4949, XRP bottomed out at $0.48 before closing slightly above this […]

PEPE Coin (PEPE) Price Bounces From Crucial Support Levels, A Do or Die Ahead

Defying the broader market correction, the world’s third-largest meme coin PEPE Coin has registered a 4% surge on the upside. As of press time, the PEPE price is trading at $0.0000114 with a market cap of $4.8 billion. Also, the daily trading volume for PEPE coin currently stands at $726 million. As per the technical […]

SM Entertainment founder pushes for AI, blockchain adoption in K-pop

As South Korea’s government continues to invest in the development of artificial intelligence (AI) systems, one K-pop pioneer is amplifying the calls for an industry-wide embrace of the technology. According to a report from the Korea Herald, Lee Soo-man, founder of SM Entertainment, urged industry participants to increase the adoption metrics for AI in the […]

Bitcoin Bull Run May Restart In September 2024, Here’s Why

The latest report from QCP Capital suggests that the Bitcoin price consolidation is likely to continue for two months with the chances of the next bull run starting in September 2024. As of press time, the Bitcoin price is trading 0.4% down at $64,362 with a market cap of $1.268 trillion.

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