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yPredict Raises Over $930,000 as Investors Await the Next 28.5% Price Gain
13.5.2023
The yPredict presale is garnering much interest from crypto investors. The token offers a unique approach as it supports AI-powered trading and market intelligence. The project is powered by its native token YPRED, whose presale is underway.
Presales have historically provided crypto investors...
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
13.5.2023
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit...
Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro
12.5.2023
Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail...
Bitcoin Price Prediction as BTC Approaches Long-Term $25,000 Support Level – Will the Price Hold?
12.5.2023
As Bitcoin approaches the long-term support level of $25,000, there are speculations about whether the price will hold or experience further decline.
Traders and investors closely monitor the market dynamics to determine the next potential move for the leading cryptocurrency. The price prediction...
Bitcoin, Ethereum Technical Analysis: BTC Plunges Under $27,000, Hitting 7-Week Low
12.5.2023
Bitcoin fell to a seven-week low on May 12, as prices dropped below the $27,000 level in today’s session. Friday’s decline came as a red wave swept through cryptocurrencies, with the market cap down 2.75% as of writing. Ethereum also slipped to its weakest point since March. Bitcoin...
Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin
12.5.2023
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto...
Bitcoin Price Prediction: BTC Slides 10%: Is $25,000 the Key Price Level to Watch?
12.5.2023
Bitcoin, the leading cryptocurrency, has experienced a significant decline of 10% in its price.
This downward movement raises the question of whether the key support level at $25,000 will hold. Investors and traders are closely monitoring the market to determine if Bitcoin's price will find...
Bitcoin Price Prediction as Bulls Keep BTC Above $27,000 Support – What is the Next BTC Target?
11.5.2023
Bitcoin's price has been a topic of great interest and speculation as bulls manage to maintain its value above the crucial $27,000 support level.
This resilience has sparked curiosity about the next target for BTC and what lies ahead in terms of its price movement.
Traders and investors alike...
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
11.5.2023
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion has been clearing, resulting in a significant reduction in onchain fees, which have now dropped below $5....
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data
11.5.2023
Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less than the 5% sum many had expected. Bitcoin was also lower on the data, falling below $27,000. Bitcoin Bitcoin (BTC)...
Bitcoin Price Prediction as Bulls Keep BTC Above $27,000 Support – What is the Next BTC Target?
11.5.2023
The Bitcoin market has recently shown notable resilience, with bulls successfully maintaining the price above the crucial $27,000 support level.
This development has sparked renewed curiosity and speculation among investors, traders, and analysts alike, leading to the inevitable question: What's...
A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen
11.5.2023
The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between...
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
10.5.2023
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest....
AiDoge Blasts Past $5 Million Milestone as Presale Pump Continues, Just $300,000 to go Until Price Increase
10.5.2023
AiDoge.com, a viral new crypto project that sits at the intersection between the meme and artificial intelligence worlds, is absolutely crushing it right now.
The upstart project’s presale of its native $AI token continues to pump, hitting the $5 million milestone earlier in the day.
That means...
Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued
10.5.2023
Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers northwest of Manila, Philippines law enforcement has said. Michelle Sabino from the Philippine National Police Anti-Cybercrime Group said trafficking...
Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate
9.5.2023
Cipher has an eye on hashrate of 8.2 EH/s by the end of the year
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...
Average Bitcoin Transaction Fees Skyrocket to $19.20 per Transfer as Over 440,000 Transactions Remain Unconfirmed
8.5.2023
Bitcoin transaction fees have surged significantly in the past 24 hours, with the average fee reaching $19.20 per transfer. The increase in fees can be linked to a backlog of transactions trapped in the mempool, as over 440,000 unconfirmed transactions are currently awaiting confirmation. Block...
Bitcoin, Ethereum Technical Analysis: BTC Extends Declines, as Markets Continue to React to Nonfarm Payrolls
8.5.2023
Bitcoin fell below $28,000 to start the week, as markets continued to react to last Friday’s United States nonfarm payrolls (NFP) report. The payrolls report came in at 250,000 versus expectations of 180,000 jobs. Ethereum was also lower, as prices fell back below $1,900. Bitcoin Bitcoin...
Bitcoin Price Prediction as Market Volatility Sends BTC toward $28,000 Support – When is the Next Leg Up?
7.5.2023
As market volatility shakes the crypto world, Bitcoin's price appears to be heading toward the $28,000 support level, leaving investors and traders wondering when the next leg up will materialize.
In this Bitcoin price prediction, we will explore the factors contributing to the current market...