Business — Page 252

As Bitcoin exchange reserves decline to a new yearly low, the cryptocurrency is positioned for a critical retest of the $60,000 mark.

Shiba Inu SHIB can now be used as collateral for futures contracts on Kraken, a major US cryptocurrency exchange, opening new trading opportunities for users.

A federal judge dismissed a lawsuit accusing Elon Musk and Tesla of manipulating the price of dogecoin through insider trading and public stunts, dealing a decisive legal victory to Musk and his electric vehicle company.

After Ark Invest offloaded $100 million worth of Bitcoin, the cryptocurrency recovered robustly, nearing the $60,000 threshold once again in a volatile market.

Shibarium, the backbone of Shiba Inu's blockchain, has recorded a 1,036% jump in transaction fees, underscoring a dramatic increase in the network's utilization, likely fueled by Shiba Inu-specific apps.

For the first time in over two weeks, Ether ETF flows have turned positive, led by an impressive $8.4 million inflow from BlackRock.

Quidax has become the first cryptocurrency exchange in Nigeria to receive a license from the Securities and Exchange Commission, a move set to transform the nation’s digital asset market through formal regulation.

Despite Nvidia's better-than-expected second-quarter earnings for 2024, AI crypto tokens experienced a sharp decline, underscoring investor concerns about market dynamics.

Whale investors have withdrawn over 806 million XRP tokens, leading to speculation about future price action as the market reacts to these significant moves.

Shiba Inu's team fueled excitement among its followers with a bullish X post, mirroring a similar message from Ethereum's Vitalik Buterin, leading to a noticeable SHIB price increase.

Altcoins have reached levels that are sparking significant interest among traders, with a rare buy signal flashing for the first time in over three years. This indicator suggests a potential accumulation phase, accord…

Cardano- Chang upgrade date is confirmed. The hard fork working group has reached a consensus & agreed to upgrade the mainnet on September 1st, 2024!

Arthur Hayes, BitMEX co-founder, has warned that the Federal Reserve's current economic strategies, likened to a "sugar high," could lead to a substantial increase in Bitcoin's value, influencing broader cryptocurrenc…

Binance co-founder Yi He has strongly denied claims that the crypto exchange seized assets from Palestinians, stating that only accounts linked to illicit funds were blocked in compliance with anti-money laundering re…

Bitwise Asset Management has announced the acquisition of the Osprey Bitcoin Trust’s $120 million assets, marking a significant expansion of its Bitcoin ETF holdings.

Long-term Bitcoin holders have accumulated over $10 billion, even as the cryptocurrency's price has fallen below $60,000, indicating a cautious stance in the market.

The TON blockchain has returned online after an outage caused by the DOGS memecoin airdrop, with block production resuming early on August 28.

In the past 12 months, Australians have lost $122 million to cryptocurrency scams, with the growing use of deepfake technology making these frauds more convincing and widespread, according to the Australian Federal Po…

Bitcoin's value has dropped below $59,000, causing alarm among investors. Several factors, including significant whale activity and macroeconomic concerns, appear to be driving the decline.

The Telegram Open Network (TON) has experienced a significant outage, ceasing block production for over three hours due to a surge in traffic from the newly launched DOGS memecoin.

Bitcoin enthusiasts brace for a potential surge as the US Federal Reserve's expected rate cut in September threatens to drive the dollar to new lows, sparking excitement in the crypto market.

Ionic Digital Inc., a Bitcoin mining company co-owned by former Celsius clients, faces potential liquidation as shareholders grow frustrated with financial delays and management changes.

Major resistance - $2800 (Support turned into resistance)

Vitalik Buterin addressed concerns over Ethereum's decentralization, highlighting key roadmap progress and technical advances that support ETH's potential rise to $5000.

A recent report reveals a 111% surge in Bitcoin millionaires, now totaling 85,000, highlighting the cryptocurrency’s growing appeal among high-net-worth individuals.

PUBLISH announced that it has successfully completed the swap of its $NEWS tokens. This swap involved migrating the $NEWS tokens from the Ethereum and Luniverse chains to the more efficient BASE chain. The transition …

Elon Musk has publicly supported Telegram CEO Pavel Durov, who was recently arrested in France, stressing the dangers of government overreach and its impact on free expression.

A Bitcoin mining operation in Ratchaburi, Thailand, was raided by authorities following a month of unexplained power outages in the area. The raid revealed that the illegal mining setup was likely the cause of the dis…

In a stark warning, Tuur Demeester of Adamant Research cautions investors about Ethereum's bearish trajectory amid ongoing market instability.

Vitalik Buterin, co-founder of Ethereum, voiced his concerns about Pavel Durov's arrest, highlighting its implications for the future of software and free speech in Europe.

The arrest of Telegram CEO Pavel Durov triggered a 32% surge in Toncoin's open interest, reflecting heightened market uncertainty and trader activity.

Bitcoin is showing signs of a rapid climb to $68,000, with chart signals pointing to an extremely quick move that could reignite interest among investors.

Despite an 88.24% plunge in Shibarium's daily transaction count, Shiba Inu's (SHIB) price has surged, defying market expectations and showcasing unexpected resilience in the meme-themed cryptocurrency.

New data reveals that Dogecoin has surpassed Shiba Inu and other meme coins in social media activity, reaffirming its dominance in this key metric, according to a recent report.

Analysts are forecasting a potential major push for Ethereum's price, targeting $3.5K, as market conditions show signs of improvement.

A leading Registered Investment Advisor (RIA) has made substantial investments in Bitwise's Bitcoin and Ethereum ETFs, further cementing the growing institutional presence in the cryptocurrency market.

The risk of a Bitcoin crash caused by Mt Gox repayments has decreased to 75%, according to Arkham Intelligence, offering renewed hope for a market rally.

The assets under management for Hong Kong’s Bitcoin ETFs have exceeded $250 million, signaling a growing market confidence despite slower initial performance compared to U.S. ETFs.

Bitcoin and altcoins saw significant gains on Friday, propelling the cryptocurrency market's value up by $110 billion. The surge followed a FED announcement hinting at a potential rate cut, spurring investor optimism.

Bitcoin regained its $63,000 threshold as the Coinbase Premium Index soared to a 39-day high, driven by speculation over the Federal Reserve's interest rate policy.