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Stablecoin Tether’s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says
5.2.2024
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said
Genesis seeks court approval to sell GBTC shares worth $1.4B
5.2.2024
Genesis Global Capital, a presently inactive entity that was engaged in cryptocurrency lending, has recently submitted a revised motion to the United States Bankruptcy Court for the Southern District of New York. This is in reference to its need to receive approval for liquidating trust assets...
Bitcoin bulls charge: Experts predict stellar 2024 with $50k in sight
2.2.2024
Bitcoin is predicted to experience unprecedented growth and opportunities in 2024, according to many reports and analysts who have dissected micro and macro trends, forecasting a bright future for the world’s largest crypto and other related assets. The price of Bitcoin may surpass $50,000 by...
Chainlink eyeing potential breakout: Can LINK hit $20?
2.2.2024
Chainlink, the renowned oracle network, has created a bullish setup for its native crypto, LINK. The setup boasts the capability to propel LINK’s price as high as 20 dollars. The latest market analysis shows that the market weakness has pushed LINK to rally 16% in the past 6 sessions. At the same...
Celsius begins distributing more than $3 billion to creditors
1.2.2024
Celsius Network has announced that it has begun distributing funds to creditors. Approximately $3 billion has been rolled out in cryptocurrency and fiat currency. Also, Celsius Network has said that it is incorporating a new Bitcoin mining company called Ionic Digital Inc. It will be owned...
Stablecoin Market Cap Climbs $4.85 Billion in 30 Days; USDT, USDC, FDUSD Spearhead Growth
31.1.2024
In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, tether and usd coin, experienced notable expansions in their supplies, with increases of 4.8% and 7.2%...
UAE makes first $13.6M Digital Dirham CDBC Payment to China
31.1.2024
The UAE makes its first cross-border digital Dirham transaction worth $13.6 million to China. Sheikh Mansour bin Zayed Al Nahyan, Chairman of the Board of Directors of the UAE Central Bank, made the transfer. The cross-border transaction was conducted through the mBridge platform, an initiative...
Dogecoin’s Path to $1: Hype, Growth, and Elon’s Shadow
31.1.2024
Dogecoin is one of the most popular meme coins on the market. Despite its market status, DOGE remains one of the best-performing cryptocurrencies. Recently, the original meme coin witnessed massive network growth. Its market activity near the 0.083 dollar level enticed traders to liquidate their...
Coinbase to Impose Fees on USDC to USD Conversions Exceeding $75 Million
30.1.2024
On January 30 Crypto exchange Coinbase announced a new fee structure affecting large-scale conversions from USDC to USD. The changes, set to impact institutional clients handling significant transaction volumes, mark a shift in the exchange’s fee policy. In an announcement published on...
LUNC community burns over a billion tokens- Will this push price to $0.01?
30.1.2024
After Crypto.com announced that the platform would be delisting Terra Luna Classic (LUNC), the once-leading altcoin saw a huge downtick of over 40%. But now, we’re seeing the token put in motion a revival plan, and the first step is rapid coin burning. Many investors wonder whether this could bring...
Manta token soars to $3.7 billion valuation in just 10 days
30.1.2024
MANTA is one of the tokens to have gained significant value in the last 7 days. Despite the recent fall of 2.565 in the last 24 hours, it has jumped up by 47.98% in the last 7 days. What makes the climb remarkable is the valuation of Manta, which is now booked at $3.7 billion, …
Will Dogecoin achieve $0.1 in 2024? Expert’s outlook!
30.1.2024
Dogecoin is exchanging hands at $0.0818, up by 2.74% in the last 24 hours. Its market capitalization has increased by 2.68%, with the 24-hour volume experiencing a jump of 139.37%. Based on market trades and sentiments, the value could increase in the coming days. Most of it has been credited...
Bitcoin booms: $220k by year-end? Analysts divided
30.1.2024
Bitcoin is currently up by 2.90% in the last 24 hours, trading at $43,377.62 while the article is being drafted. The jump has sparked interest and optimism among crypto enthusiasts. Most of the analysts have come forward to say that more ups are on the way, quoting the possibility of a new...
The Principality of Liechtenstein accepts $EGLD & other cryptos
30.1.2024
The Principality of Liechtenstein recently announced support for $EGLD and other cryptocurrencies. The European nation has joined hands with xMoney.com to accept cryptocurrencies like BTC and ETH for all state services. xMoney.com confirmed the news on its official X/Twitter account as well....
Bitcoin (BTC) surges past $42k, Eyes post-halving surge
29.1.2024
Bitcoin has generated an annual return on investment of more than 150%. It is expected only to rise, especially since its ETF has been approved. A total of 11 applications have made their way into the market, allowing traders to diversify their portfolios. Udomsak Rakwongwan, a researcher from...
US Government to sell $130 million of Silk Road Bitcoin – Best cryptos to buy on dip for smart traders
29.1.2024
The news that shocked the crypto world is the recent announcement by the US Government that it will sell $130 million of Silk Road Bitcoin. Speculations began among crypto investors about how this event could affect the value of Bitcoin ($BTC) and other cryptocurrencies. The fact is that the Silk...
Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’
28.1.2024
The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan.25. Central Bank governor Olayemi Cardoso has said the naira is currently “undervalued” and that efforts are underway to rectify this. Official and Parallel Market Exchange Rates...
Bitcoin at crucial level $40k; What’s Next: Bullish or Bearish?
25.1.2024
Not much time has passed since the first-ever Bitcoin ETFs were approved in the US. Contrary to the consensus, the approval has not boosted BTC’s price off the charts. Instead, the biggest crypto in the world is struggling near its one-month low. Bitcoin is hovering at the crucial $40,000 mark,...
BitTorrent loses momentum, making $1 unlikely
23.1.2024
BitTorrent has reportedly lost its momentum, and there is a lower chance for its native token, BTT, to touch the milestone of $1. However, experts say that it could soon register a correction of 30%. The last time it noted a massive rise was in December last year, 2023, when the valuation jumped...
Cardano shows resilience amid market downturn, eyes $1 in 2024
23.1.2024
As the euphoria that has driven the crypto market fades, huge names like Cardano are becoming sluggish. ADA is trading around $0.4825, with a 3.23% dip in the past 24 hours. The crypto has lost over 9% value in the past week alone. Despite the dip, Cardano has not stopped its market advancements...