News

Galaxy CEO Novogratz Predicts Bitcoin Could Reach $130,000 Soon

Mike Novogratz, founder of Galaxy Digital, believes that Bitcoin is nearing a significant price increase following consistent closes above $100,000....

Ripple and SEC Settlement Request Rejected by Federal Judge

A federal judge has denied a request from Ripple Labs and the U.S. Securities and Exchange Commission (SEC) for a $50 million settlement. U.S....

Wisconsin Investment Board Exits Entire $350M Spot Bitcoin ETF Position

The State of Wisconsin Investment Board (SWIB) fully exited its position in BlackRock’s iShares Bitcoin Trust (IBIT) in Q1 2024, following a 12%...

Ether Rally Driven by Short Covering, Not New Bullish Demand

Ether's recent rally is largely attributed to short covering, rather than new bullish positions. Key points include: Short covering involves...

$PEPE Surges Over 90% as Experts Highlight MIND of Pepe Potential

$PEPE Overview $PEPE launched in April 2023, becoming the third largest meme coin by market cap. It gained over 800% shortly after launch and...

Bitcoin Faces Stiff Resistance Below $105K Amid Market Indecision

Bitcoin is currently facing resistance at the $105,000 mark, trading at $103,811.42 with a 2% gain in the past 24 hours and a 17% increase in...

Bitcoin Weekly SuperTrend Triggers Sell Signal, Raising Bear Market Concerns

Recent sentiment around Bitcoin has shifted positively, with the price surpassing $100,000. However, a potential sell signal on the weekly chart...

Analysts Call Market Reaction to Coinbase Hack 'Overblown' Amid SEC Probe

Coinbase (COIN) shares fell 7.2% following a data breach and an SEC investigation announcement, with intraday losses nearing 9%. Analysts from...

Sam Altman's World Opens New Flagship Location in Miami's Wynwood District

World, an identity and financial network backed by Sam Altman, has opened a flagship location in Miami’s Wynwood District. This expansion follows...

Starknet Achieves Stage 1 Decentralization With $629 Million TVL

Starknet has reached a key milestone in decentralization, becoming the largest zero-knowledge rollup network by total value locked (TVL) at $629...

Fintechs and Funds Increase Bitcoin Holdings Amid Market Pause

The global crypto corporate-adoption trend continues despite a temporary pause in the bitcoin and crypto market, signaling potential for future...

Bitcoin May Trade Sideways for Two Weeks Before Next Price Move

Bitcoin (BTC) has reclaimed the $100,000 level and is testing it as support. Analysts predict a potential short-term sideways movement before a...

Whales Accumulate 1 Billion DOGE Tokens in One Month

Dogecoin (DOGE) Update Currently consolidating after a 9% weekly increase, trading at $0.2235, down by 2% in the last 24 hours. Key on-chain...

Bitcoin Price Retraces to $102,004 After Brief Surge Above $104,000

Bitcoin's price has retraced to around $102,004, marking a 1.2% dip after reaching over $104,000 earlier in the week. The cryptocurrency remains...

South Korea's National Pension Service Considers Direct Bitcoin Investments

South Korea's National Pension Service (NPS) is contemplating direct investments in Bitcoin. Key points include: NPS manages over $800 billion in...

BlackRock Bitcoin ETF Secures $410 Million Inflows Amid BTC Price Surge

BlackRock Bitcoin ETF (IBIT) Highlights IBIT attracted $410 million in inflows on Thursday, acquiring an additional 3,975 Bitcoin. Total...

Méliuz Purchases $28.4 Million in Bitcoin as Treasury Asset

Méliuz's Bitcoin Acquisition Méliuz, a Brazilian fintech, purchased $28.4 million in Bitcoin. This makes it the first publicly traded company...

Bitcoin Short-Term Holder Selloff Expected at MVRV Ratios of 1.25 and 1.35

Analyst Axel Adler Jr has highlighted potential selling pressure for Bitcoin from short-term holders (STHs) based on the Market Value to...

Bitcoin Bulls Confront $120 Million Resistance to Extend Uptrend

Bitcoin (BTC) is facing a $120 million resistance challenge as it aims to continue its "stair-step" uptrend. Key points include: BTC has risen...

DOJ Charges 12 Individuals in $263 Million Crypto Theft Case

The U.S. Department of Justice (DOJ) charged 12 individuals with stealing over $263 million in cryptocurrency. This group is connected to a prior...

Ethereum Price Pulls Back 2.1% but Remains 30% Up Weekly

Ethereum (ETH) has seen a 2.1% decline in the last 24 hours, settling just above $2,500. Despite this dip, ETH is up over 30% for the week,...

FTX to Distribute Over $5 Billion to Creditors Starting May 30

FTX creditors will receive over $5 billion starting May 30 as part of the recovery plan. The estate will distribute funds to four classes of...

BNB Price Consolidates Above $640 Support, Aiming for Upside Gains

BNB is consolidating above the $640 support zone and showing positive signs for potential gains. Price is recovering from the $640 support level....

Bitcoin Binary CDD 30-Day MA Reaches 0.6, Below Previous Peaks

On-chain data indicates that the Bitcoin Binary Coin Days Destroyed (CDD) has not yet reached previous peak levels seen during past price tops. ...

XRP Drops 4% While Bitcoin Faces Resistance at $105,000

XRP declined over 4% in the last 24 hours, leading losses among major cryptocurrencies. The crypto market's total capitalization fell 2% to $3.3...

XRP Price Declines Below $2.50, Support Found at $2.350

XRP price is undergoing a correction below $2.50, currently consolidating near the support level of $2.350. XRP has declined below the $2.550 zone....

Bitcoin Near ATH as Long-Term Holders Continue Accumulating

Recent on-chain data indicates that long-term holders (LTHs) of Bitcoin (BTC) are not selling their assets as BTC approaches its all-time high...

Ethereum Price Tests $2,500 Support, Eyes Move Above $2,600

Ethereum Price Update Ethereum corrected gains from $2,740 and tested the $2,500 zone. Currently trading above $2,520 and the 100-hourly Simple...

Bitcoin Price Surges Above $103,000, Eyes $105,000 Resistance

Bitcoin price is consolidating after clearing the $103,500 zone and may target the $105,000 level. BTC began an upward move from the $101,500...

Bitcoin Holds Steady at $102,600 Amid Predictions of $200,000 Rise

Bitcoin is currently priced at approximately $102,600, down from a peak of $105,000. Despite this dip, many investors anticipate a significant...
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