Crypto

Bitcoin, the world’s largest cryptocurrency, has recently dropped below $56,000, signaling a continuation of its downward trend. According to Arthur Hayes, co-founder of BitMEX, there is a possibility that Bitcoin could decline further to $50,000. Hayes also expressed concerns about potential steeper losses in altcoins based on current market conditions. Hayes linked his bearish outlook

The Ethereum market has recently experienced a shift, with rising exchange reserves indicating a potential new distribution phase. This can be seen through CryptoQuant’s Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets. An increase in this metric often suggests that traders are moving their ETH onto exchanges in preparation

The crypto market has been experiencing a lackluster performance recently, with a significant decline in whale activity across major crypto assets. Recent analysis conducted by Santiment has revealed that both Bitcoin and Ethereum are witnessing noticeable drops in high-value transactions. This decline in whale activity is particularly evident during the period of March 13-19, where

The Open Network (TON) and its native token have been facing a rollercoaster ride of challenges lately. Just recently, the price of TON plummeted by more than 90% in a matter of minutes on CoinMarketCap. The graph illustrating this drastic drop showed TON slumping rapidly from $5.2 to about $0.3. This sudden crash, however, was

Recently, crypto analyst ‘Titan of Crypto’ shared an interesting observation with his 90,000 followers on Twitter. He pointed out the formation of a golden cross between the 100-day moving average and the 200-day moving average. This unique pattern, never seen before, indicates a bullish long-term trend reversal. The 100-day moving average had been above the

The payments industry has seen massive growth over the past 50 years, becoming one of the largest and fastest-growing sectors globally. However, a significant issue plagues the sector – it still relies on outdated technology that becomes increasingly inefficient over time. Traditional payment systems, filled with multiple intermediaries, have created a cumbersome process that incurs

Peter Diamandis, an influential figure in the tech industry and the founder of X Prize and Singularity University, recently sparked a thought-provoking discussion about the future of Bitcoin. He raised the question to his large following on social media, prompting an array of diverse responses. One responder highlighted the fact that Bitcoin has consistently delivered

The recent collaboration between Crypto.com, a Singapore-based cryptocurrency exchange, and Standard Chartered, a prominent multinational banking institution, has the potential to revolutionize the way retail users access fiat services in the crypto space. This partnership aims to provide users worldwide with seamless banking and payment solutions, facilitating the deposits and withdrawals of major fiat currencies

The latest report from TRM Labs has brought to light a disturbing trend – illicit activity at crypto ATMs is on the rise. It has been revealed that these cash-to-crypto services have processed over $160 million in illicit volumes since 2019. In 2023 alone, the proportion of illicit transactions at crypto ATMs reached 1.2%, significantly

The recent surge in bitcoin (BTC) demand in the United States has been a topic of interest following the comments made by Federal Reserve chair Jerome Powell at the Jackson Hole symposium. While BTC experienced a rally driven by the increasing investor interest in the U.S., the overall demand growth for Bitcoin has remained relatively