News

Cardano Currently Trading at $0.356 with 12% Monthly Loss

The Cardano market (ADA) is currently facing challenges, trading at $0.356, reflecting a 12% decline from last month. Although ADA gained 2.2%...
NewsBTC · 3m ago

AI Investments Drive Alphabet Earnings Surge and xAI Valuation Increase

The artificial intelligence sector remains robust, as indicated by Alphabet's earnings and investments in Elon Musk’s xAI. Alphabet Earnings...
Blockworks · 3m ago

Former FTX Engineering Director Receives Three Years of Supervised Release

Nishad Singh, former director of engineering at FTX, received a sentence of time served and three years of supervised release for his involvement in...
Blockworks · 3m ago

SUI Aims for $2.18 as Bullish Momentum Increases

SUI is experiencing bullish momentum, approaching a target of $2.1825 after rebounding from the $1.5 support level. Market activity indicates a...
NewsBTC · 3m ago

GDP Growth for Q3 2024 Estimated at 2.8% Amid Strong Spending

Gross domestic product (GDP) for Q3 2024 rose at a 2.8% annualized pace, slightly below the expected 3%. This growth, driven by strong consumer and...
Blockworks · 3m ago

Trump's Proposed Policies Could Limit Bitcoin Price Growth, Expert Warns

As the US presidential election nears, Donald Trump's odds on crypto betting platforms like Polymarket have increased, with analysts suggesting...
NewsBTC · 3m ago

Analyst Predicts XRP Price Surge Above $3 Could Happen Soon

A crypto analyst has predicted that the XRP price will rise above $3, emphasizing that this increase is a matter of timing rather than possibility....
NewsBTC · 3m ago

Kraken Lays Off 15% of Workforce, Appoints New Co-CEO

Kraken announced layoffs as part of its organizational restructuring. The exact number of affected roles is unclear, but New York Times reporter...
Blockworks · 3m ago

Ethereum Holds Key $2,400 Support While Targeting $6,000

Ethereum (ETH) is currently finding support at approximately $2,400 and has reached local highs near $2,800. Analyst Ali Martinez indicates that...
NewsBTC · 3m ago

Bitcoin Can Reach $200,000 Without US Dollar Decline, Says Bitwise CIO

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, addressed whether the US dollar must collapse for Bitcoin to reach $200,000 per...
NewsBTC · 3m ago

Report Examines Legal Implications of Inclusion Lists for Ethereum

The Proof of Stake Alliance (POSA) and co-authors Khushi Wadhwa, Nikhil Raghuveera, and Jane Khodarkovsky have released a report urging the Ethereum...
Blockworks · 3m ago

MrBeast Allegedly Profited Over $23 Million from Crypto Trading Schemes

YouTube star James Donaldson, known as MrBeast, faces allegations related to over 50 crypto wallets implicated in potential insider...
CoinPaprika · 3m ago

Crypto Analyst Predicts Bitcoin Price Could Reach $133,000 in Current Bull Run

Crypto analyst Tony Severino indicated that Bitcoin's price is nearing the peak of its current bull run. He projected a potential market top of...
NewsBTC · 3m ago

dYdX Cuts 35% of Staff While Consensys Reduces Workforce by 20%

Both dYdX and Consensys announced significant layoffs. dYdX's CEO Antonio Juliano reported a 35% reduction in the core team, while Consensys's CEO...
Blockworks · 3m ago

Bitcoin Surges Past $73,000, Approaching New All-Time High

Bitcoin's bullish trend continues, surpassing the $73,000 mark, with a recent price of $73,544—up 6% and its highest since March 14. Bitcoin has...
NewsBTC · 3m ago

Bitcoin Short-Term Holder Profit-Taking Remains Low After $71,200 Rally

On-chain data indicates that Bitcoin short-term holders are taking minimal profits despite the recent price rally. Bitcoin Short-Term Holder SOPR...
NewsBTC · 3m ago

ETH and SOL Lag Behind BTC in Price Recovery

This is a segment from the Empire newsletter. To read full editions, subscribe. Identifying the End of a Bull Run Bitcoin is...
Blockworks · 3m ago

Dormant Bitcoin Wallet With 749 BTC Reactivated After 12 Years

A Bitcoin wallet containing approximately 749 BTC, valued at about $53.2 million, was reactivated after nearly 12 years of inactivity. This...
NewsBTC · 3m ago

Dogecoin Surges 39% as Network Activity Increases Amid Market Rally

Dogecoin (DOGE) has increased over 39%, generating enthusiasm among traders and investors. Data from IntoTheBlock indicates a significant rise in...
NewsBTC · 3m ago

Bitcoin Trading Near All-Time High as Analysts Urge Caution

Bitcoin (BTC) approaches its all-time high (ATH), currently trading at $71,789, approximately 3% below the March 2024 ATH of $73,737. Analyst Peter...
NewsBTC · 3m ago

Tether Denies U.S. Investigation Allegations Related to AML Violations

Tether has refuted claims of being under investigation by the US government for potential anti-money laundering (AML) violations, following...
CoinPaprika · 3m ago

Bhutan Transfers 929 Bitcoin Worth $66 Million to Binance

The Royal Government of Bhutan transferred 929 Bitcoin (BTC), valued at approximately $66.16 million, to the crypto exchange Binance. This...
CoinPaprika · 3m ago

OKX Partners with Standard Chartered for Institutional Crypto Custody Solutions

Crypto exchange OKX has partnered with Standard Chartered to deliver secure third-party custody solutions for institutional investors,...
CoinPaprika · 3m ago

BlackRock’s iShares Bitcoin Trust Reaches $3.36 Billion Trading Volume

BlackRock’s iShares Bitcoin Trust (IBIT) achieved a six-month trading volume high of $3.36 billion on Tuesday, indicating increased investor...
CoinPaprika · 3m ago

Cardano NVT Ratio Reaches Highest Level Since June

On-chain data indicates that Cardano's Network Value to Transactions (NVT) Ratio has recently increased, which may have implications for ADA's...
NewsBTC · 3m ago

VanEck Partners with Kiln to Simplify Solana Staking for Institutions

Asset manager VanEck is expanding its Solana investment strategy through a partnership with Kiln, a digital asset rewards platform. This...
CoinPaprika · 3m ago

Solana Memecoin POPCAT Hits New All-Time High of $1.75

The Solana (SOL) memecoin ecosystem is gaining investor interest as Bitcoin (BTC) approaches its previous record high of $73,700. This trend is...
NewsBTC · 3m ago

Bitcoin Surges Above $70,000 Approaching Key Resistance Level

Bitcoin has surpassed the $70,000 mark, currently nearing $72,000, a significant resistance level reminiscent of June 2024 highs. Bitcoin Breaks...
NewsBTC · 3m ago

Dogecoin Surges Over 20% Trading Above $0.1650 Support Zone

Dogecoin (DOGE) has increased over 20%, trading above the $0.1650 support zone against the US Dollar. To continue rising, DOGE must surpass the...
NewsBTC · 3m ago

XRP Price Aims for Gains Above $0.5350 Resistance Level

XRP price is attempting to increase above the $0.5150 zone, with potential bullish momentum if it settles above the $0.5500 resistance. XRP is...
NewsBTC · 3m ago