On Monday, bitcoin’s value soared back to the $70,000 mark after a decline to just under $60,000 the previous week. Over the last 24 hours, its value against the U.S. dollar has increased by 7%, reaching a peak of $70,645 for each unit. Bitcoin’s Swift Comeback For the first time since March 14, 2024, bitcoin […] Source: https://news.bitcoin.com/bitcoin-climbs-above-70000-marking-a-stellar-recovery/
ETF Outflows Continue Despite Bitcoin’s decline, several alternative cryptocurrencies remain robust. Fantom (FTM) emerges as the top-performing Layer 1 blockchain, while Coinbase introduces futures trading. Exchange-traded funds (ETFs) witness a $94 million outflow, although outflows from Grayscale Bitcoin Trust (GBTC) may decelerate. Approximately $1 billion worth of Bitcoin shorts face liquidation if prices reach $67.8k. Coinbase’s premium resurfaces, marking the…
Former U.S. president Donald Trump’s $454 million bond just got reduced to $175 million in an appeal. But the most prominent of the many meme coins using his likeness appeal to be cooling off following the news. As markets opened in New York, an Ethereum-based MAGA meme coin—one of many to use the TRUMP ticker—started to lose steam. Early Monday…
Bitcoin and ethereum have recaptured some of their losses from the previous week, but a group of crypto assets have seen their values climb by double digits in the last seven days. About nine cryptocurrencies experienced increases of 20% or more, with ondo (ONDO) leading the charge with a 94% leap this week. The Week’s […] Source: https://news.bitcoin.com/weekly-crypto-gainers-ondo-tops-the-chart-with-icp-and-xec-making-strong-showings/
The Metaplex Foundation revealed Monday that it is launching a new non-fungible token (NFT) standard for Solana that is cheaper to mint and easier for developers to work with—and crucially, given recent congestion, it requires substantially less Solana network compute too. The Metaplex Core standard, the Foundation exclusively shared with Decrypt, is billed as a next-generation NFT standard for the…
With Bitcoin reaching record highs and the overall market capitalisation of cryptocurrencies surpassing $2.37T, the cryptocurrency market is seeing remarkable development. This is in line with the June 30, 2024, implementation of the MiCA rule, which will be followed by another wave on December 30, 2024, with the goal of promoting broader use of cryptocurrencies […] Source: https://news.bitcoin.com/b2broker-introduces-b2trader-an-innovative-crypto-spot-brokerage-platform/
Ethereum presents a mixed bag of signals as of March 25, 2024. Amid fluctuating trading volumes and a contested market direction, ether’s price settled at $3,487 after experiencing an intraday range of $3,335 to $3,503. With a market capitalization of $415 billion and a 24-hour trading volume of $14.14 billion, traders alike are keenly observing […] Source: https://news.bitcoin.com/ethereum-technical-analysis-eth-caught-in-a-tug-of-war-between-bulls-and-bears/
Bitcoin’s price trajectory on March 25, 2024, showcases bullish momentum, coasting along at ranges between $66,934 to $67,087 per unit. The day’s trading ranged from $64,568 to $67,672, indicating a volatile yet upward trend. Bitcoin A close examination of bitcoin’s (BTC) oscillators suggests a predominantly neutral to bullish sentiment among traders. The relative strength index […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-bulls-regain-strength-and-rise-toward-upper-resistance-levels/
One of two Binance executives detained in Nigeria has escaped custody, according to local media reports. Nigerian publication Premium Times reported that Binance’s regional manager for Africa Nadeem Anjarwalla had fled the guest house in Abuja where he and the exchange’s Head of Financial Crime Compliance Tigran Gambaryan were being detained. Anjarwalla reportedly escaped after guards took him to a nearby mosque…
The Zano blockchain’s recently completed Zarcanum hard fork (HF4) will enable users and organizations to create custom tokenized assets that meet their specific needs. These custom tokenized assets or confidential assets, will be untraceable on the Zano blockchain. The team believes that without privacy and security, cryptocurrencies cannot achieve the much-hyped widespread adoption. Hosting Multiple […] Source: https://news.bitcoin.com/zano-blockchains-hard-fork-facilitates-privacy-coin-creation-introduces-confidential-assets/
