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Revolut To Roll Out “Invite-Only” Crypto Exchange
16.2.2024
Banking services provider Revolut is set to debut a new “invite-only” crypto exchange, according to a February 16 report. A U.K.-based customer email confirmed by CoinDesk stated that Revolut is launching a new crypto exchange with advanced traders in mind. Revolut’s ‘Standalone’...
Crypto Funding Picks Up As Bitcoin Bull Run Sparks Fresh Interest
16.2.2024
Crypto’s comeback year is getting even better, as venture capitalists are reentering the funding arena. Breaking a downward trend, VC investment in crypto startups climbed 2.5% to $1.9b in Q4 2023, marking the first such rise since Q2 2022, PitchBook data published Thursday showed. Though still...
Kenny Li, Core Contributor of Manta Network, on The Future of Modularity, Decentralization, and More | Ep. 308
13.2.2024
In the latest episode of the Cryptonews Podcast, host Matt Zahab had a wide-ranging discussion with Kenny Li, Core Contributor to the privacy-preserving Polkadot–based protocol and layer-1 blockchain Manta Network. In this exclusive interview, Li talked about: the future of modularity and...
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia
12.2.2024
Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...
Top Crypto Gainers Today on DEXTools – PORK2, SOUTH, PORK
1.2.2024
Top Crypto Gainers Today on DEXTools Whilst most major cryptocurrencies remain lower in the past 24 hours, the market is attempting a rebound on Thursday, low cap shitcoins $PORK2, $SOUTH and $PORK are the top crypto gainers today on DEXTools. Blue chip cryptocurrency markets dipped on Wednesday...
Best Crypto to Buy Now Feb 1 – LINK, PYTH, MINA
1.2.2024
Cryptocurrencies like Chainlink, Pyth Network, and Mina Protocol compete for best crypto to buy today Image by cryptonews.com Whilst most major cryptocurrencies remain lower in the past 24 hours, the market is attempting a rebound on Thursday, with Monero (XMR), Ronin (RON) and ApeCoin (APE)...
Best Crypto to Buy Now January 31 – Chainlink, Ronin, Mina
1.2.2024
While blue-chip cryptocurrency markets are pulling lower in wake of a hawkish Fed policy announcement, Flare (FLR), Monero (XMR) and Ronin (RON) are still in the green, making them amongst the best crypto to buy now. Bitcoin (BTC) was last down around 1.6% under $43,000 after Fed Chair Powell...
Analysts Foresee a Bitcoin ETF Offering by Charles Schwab – Trillions to Enter the Market?
29.1.2024
Charles Schwab, a financial giant with $8.5 trillion in assets, has analysts speculating about the possibility of the company entering the spot Bitcoin (BTC) exchange-traded fund (ETF) market. While Charles Schwab currently offers third-party spot Bitcoin ETFs, analysts believe the company might...
Grayscale’s GBTC Offloads $527M in Bitcoin as Spot ETFs Record Lower Trading Volumes; Other Funds Continue BTC Accumulation
25.1.2024
Based on the latest data, the recently introduced spot bitcoin exchange-traded funds (ETFs) experienced their lowest trading volume day since Jan. 11, 2024, recording roughly $1.28 billion in volume on Wednesday. Additionally, figures indicate that Grayscale’s Bitcoin Trust GBTC...
JPMorgan Sees Challenges Ahead for Crypto Market — Downgrades Coinbase Stock
23.1.2024
Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF enthusiasm to further deflate,” driving with...
Bitcoin and Ethereum Price Prediction as BTC Drops Lower and ETH Takes a Hit – Time to Buy the Dip
23.1.2024
In the dynamic world of cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) are facing pivotal moments. Bitcoin, the most prominent cryptocurrency, has witnessed a continual downward trajectory, plunging to the $41,000 threshold on Monday. The entire global crypto market cap reflects this downturn...
Japanese Crypto Advocate Wins Parliament Seat
23.1.2024
A leading Japanese crypto advocate has won a seat in the House of Councilors, the nation’s lower parliamentary house. Per CoinPost, Takeshi Fujimaki, a former lawmaker who lost his seat in the 2019 election, has been restored to the house under proportional representation rules. Fujimaki,...
Solana (SOL), Cardano (ADA) Lead Crypto Market Lower as Traders Grapple With BTC Headwinds
22.1.2024
CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours
Cardano Price Prediction as ADA Struggles in Corrective Pattern – Breakout or Breakdown Ahead?
19.1.2024
After nearly hitting fresh lows for the year below $0.47, the Cardano (ADA) price has recovered back to towards $0.50. However, the Cardano price continues to struggle within a corrective pattern. Indeed, at current levels, ADA remains lower by roughly 27% since hitting multi-year highs in...
Solana Mobile Announces Saga Succesor: Chapter 2
18.1.2024
Solana Mobile, a subsidiary of Solana Labs, has announced the release of a new phone named Chapter 2. The new phone, whose technical specs have not been announced yet, is projected to be a lower-cost alternative to its Saga sibling, priced at $1,000 on its release date. Solana Mobile Opens...
$9.6 Billion in 3 Days — ETF Analyst Highlights Remarkable Early Success of Bitcoin ETFs
17.1.2024
On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable decrease in activity with trading volumes falling by 37% from the levels seen on Jan. 12, 2024. The day concluded with most funds slightly over 1% lower against the U.S. dollar...
Study: Venture Capital Investments in Top Ten Web3 Projects Were 70% Lower in 2023
16.1.2024
In 2023, the top ten Web3 projects collectively raised $1.78 billion in funding, a figure which is 70% lower than the $5.87 billion raised in the previous year, the findings of a new study have shown. The findings also show that Web3 projects were able to attract $9 billion in capital with...
SAXO Bank big move: Lower fees for Australian and US market trades
16.1.2024
SAXO Bank, the online investment and trading platform, is one of the leaders of the said industry. It was founded in 1992, and since then, if anything has remained rock-solid, it is the image of the company. Services and products have constantly been enhanced to meet the needs of traders across...
Bitcoin Price Prediction as SEC Approves BlackRock’s Spot Bitcoin ETF – $1,000,000 BTC Possible?
10.1.2024
Source: DALL·E The Bitcoin (BTC) price is experiencing choppy trading conditions in wake of the news that the SEC just multiple spot Bitcoin ETF application. Last trading in just under $46,000, the Bitcoin price is close to 1% lower on the day. The regulatory agency gave various US exchanges...
Fee War Intensifies: Bitcoin ETF Issuers Submit Updates Lowering Rates
10.1.2024
Source: Adobe / 24K-Production The spot Bitcoin exchange-traded fund (ETF) competition is heating up as major issuers including Fidelity submitted revisions to lower their fees. According to Bloomberg Intelligence ETF analyst James Seyffart, Fidelity lowered their fees to 0.25% from the previous...