News

Bitcoin Mining Market Cap Increased Nearly 20% in May

The total market cap of 13 U.S.-listed bitcoin miners tracked by JPMorgan increased nearly 20% in May due to a rise in bitcoin prices and...

South Korea's Presidential Election Boosts Crypto Adoption and Wallet Demand

The upcoming South Korean presidential election is expected to positively impact the crypto market, with both leading candidates supporting...

XRP Price Stalls with No Bull Run Expected Before November

XRP's price action has entered a stagnant phase, according to crypto strategist Dr Cat. He noted that the opportunity for bullish movements was...

IG Group Launches Trading for 31 Crypto Assets Including Bitcoin and Ethereum

IG Group has launched a new trading platform allowing customers to trade Bitcoin, Ethereum, XRP, and 28 additional crypto assets. This marks an...

Sberbank Introduces Structured Bonds Linked to Bitcoin and Dollar-Ruble Rate

Sberbank has launched a structured bond that tracks the price of Bitcoin and the dollar-to-ruble exchange rate. Key points include: The bonds...

SHIB Remains Below Ichimoku Cloud Following High-Volume Selling

Shiba Inu (SHIB), the second-largest meme token, is trading below the Ichimoku cloud due to high-volume selling. The token faced resistance at...

Strategy Acquires 705 BTC for $75 Million, Total Holdings Reach 580,955 BTC

Strategy (MSTR) has acquired an additional 705 BTC for approximately $75 million, increasing its total bitcoin holdings to 580,955 BTC. Key...

Enjin Launches Blockchain Optimized for NFTs and Gaming in 2023

Overview of Enjin Enjin is a comprehensive blockchain ecosystem focused on gaming, apps, and virtual economies. It provides developers with...

Cardano Founder Predicts Bitcoin Price Could Reach $500,000

Charles Hoskinson, founder of Cardano, predicts Bitcoin's price could rise to between $250,000 and $500,000 in the coming years, citing its...

Shiba Inu Price Drops to $0.00001250 Amid Increased Selling Pressure

Shiba Inu (SHIB) experienced a sell-off from $0.00001500 to $0.00001250 between May 29-30, with a notable volume spike during this period. Currently...

Bitcoin Price Expected to Face Increased Volatility in June

Bitcoin is preparing for potential volatility in June after reaching all-time highs in May. Historical patterns indicate that June can be a...

Tariffs Increase to 50% as Bitcoin ETF Volumes Reach Record Highs

The U.S. trade tensions escalated as President Trump announced a tariff increase on imported aluminum and steel from 25% to 50%, leading to broad...

Bitcoin's Price Aligns with Japanese Government Bond Yields

Weston Nakamura, founder of Across The Spread, identifies a significant macro relationship affecting Bitcoin (BTC). Key observations include: ...

UNI Token Shows Volatility Amid Rising Geopolitical Risks and Trade Uncertainty

The cryptocurrency market is influenced by global economic tensions, affecting investor sentiment amid rising geopolitical risks and trade...

RedotPay Partners with Circle to Streamline Crypto Payments in Brazil

RedotPay, a Hong Kong-based crypto payment fintech with over four million users, has partnered with Circle's new payment network (CPN) to facilitate...

UK Investment Platform IG Launches Spot Crypto Trading for Retail Investors

Investment platform IG (IGG) has started offering crypto trading to retail investors, becoming the first publicly listed firm in the U.K. to do so. ...

U.S. Dollar Expected to Drop Further This Summer, Says Bank of America

Bank of America forecasts a challenging summer for the U.S. dollar, which has declined nearly 9% to 99.74 this year due to President Trump's tariff...

May Sees Record Institutional Adoption and Legal Advances for Bitcoin

Travis Kling from Ikigai Asset Management reported significant advancements in Bitcoin and the broader crypto ecosystem during May. Key highlights...

Metaplanet Acquires 1,088 Bitcoin, Total Holdings Reach 8,888 BTC

Metaplanet has acquired an additional 1,088 BTC, increasing its total holdings to 8,888 BTC. This purchase positions the firm among the top ten...

BitoPro Faces $11.5 Million Hack Allegations Amid Maintenance Claims

BitoPro, a Taiwanese cryptocurrency exchange, may have lost $11.5 million in a hack on May 8, according to investigator ZackXBT. The exchange has...

Dogecoin Faces Critical Support Level at $0.19 as Market Eyes Next Move

Dogecoin is at a critical technical juncture in June, with key support levels highlighted by analysts Kevin and Cantonese Cat. Key Support Levels ...

Liquidity Increase Could Trigger Next Major Bull Run in Crypto Markets

Global liquidity is increasing, which may impact crypto markets significantly. Analysts Michael Howell and Raoul Pal suggest this trend could...

BitoPro Exchange Suspected of Losing $11.5 Million in Cyber Exploit

Taiwanese exchange BitoPro is suspected of losing over $11.5 million in tokens due to an exploit on May 8, according to blockchain analyst...

Malicious Ethereum Contracts Fail to Profit from Wallet Draining Attempts

Wintermute identified malicious Ethereum contracts, termed "CrimeEnjoyors," which exploit wallets with weak security. These contracts emerged from...

Bitcoin Price Declines 6% to $104,000 Amid Bearish Market Conditions

The Bitcoin price has turned bearish after reaching an all-time high of over $111,000 in May. Currently, it is down 6% and trading at approximately...

Metaplanet Purchases 1,088 Bitcoin, Total Holdings Exceed $930 Million

Japan’s Metaplanet has acquired an additional 1,088 BTC, increasing its total holdings to over 8,888 BTC, valued at over $930 million. The...

Major Tokens Show Signs of Price Bottoming Amid Market Uncertainty

Major crypto tokens are showing signs of bottoming out amid geopolitical tensions and tariff fears. Key points include: Bitcoin is priced around...

Elon Musk Launches XChat Messaging App with Bitcoin-Style Features

Elon Musk announced the launch of a new messaging app, XChat, built with Rust and featuring Bitcoin-style encryption. Key points include: The...

Solana Price Declines Below $155 Amid Ongoing Bearish Trend

Solana (SOL) is experiencing a decline from the $172 resistance level, indicating potential further drop below $155. SOL price is trading below...

XRP Price Declines Below $2.220, Faces Risk of Further Losses

XRP price is experiencing a decline, trading below the $2.220 mark and facing key resistance levels. XRP has started declining below the $2.220...
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