Cryptocurrency

Funding rate turns negative as Bitcoin drops below $64k

Perpetual futures are a type of derivatives contract unique to the crypto market Unlike traditional futures, which have a set expiration date, perpetual futures never expire, allowing traders to hold

Bitcoin MVRV Hints Now Is A Good Time To Buy: Analyst

An analyst has explained how a pattern forming in the Bitcoin Market Value to Realized Value (MVRV) could suggest now may be the time to buy Bitcoin MVRV Momentum Could Reveal Buying Opportunity For

Solana-based PoW project Ore halts mining, announces version 2

Solana-based proof-of-work project (PoW) Ore has suspended its mining operations immediately, citing network congestion and instability issues The halt follows a remarkable surge in Ore’s

Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It Scales

Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales He emphasized that bitcoin is “still

Elon Musk Wants Everyone To Pay To Use X, But Can You Pay In Dogecoin?

Dogecoin is once again in the spotlight with speculation that DOGE payments are coming to X (formerly Twitter) as the platform looks to charge users a fee to post and interact on the platform This

Cat-Themed Memecoin Surges 14.9% After Major Exchange Listing And Whale Frenzy

Memecoins have been the most popular narrative of Q1 2024, with dog-inspired tokens leading the pack However, one memecoin has been jumping on the roofs and assuring everybody hears it meow Cat in a

PayPal ends protection for NFT transactions due to industry volatility

PayPal announced that it will no longer offer buyer and seller protection for transactions involving NFTs from May 20, marking a notable shift in the company’s approach to the digital asset

Binance’s $4.3 Billion Settlement Faces DOJ Scrutiny Over FTX Ties In Monitorship Decision

In recent developments, the US Department of Justice (DOJ) has been reevaluating its choice of law firm to oversee the cryptocurrency exchange Binance as an independent monitor  The decision

Crypto Expert Predicts Bitcoin Will Reach $650,000 Due To This Reason

A crypto analyst has made a bold prediction about Bitcoin, anticipating that the pioneer cryptocurrency could surge to $650,000 as the Spot Bitcoin ETF market continues to grow  BTC’s Next

Core Scientific Set to Boost Texas Mining Facility by 72 MW Ahead of Bitcoin Halving

With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts This project is scheduled for
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Why Did Bitcoin Just Jump 10%? Blockchain Firm Weighs In

The cryptocurrency market has been on a hot streak in the past few days, with several large-cap assets posting significant gains in the past week Most notably, the Bitcoin price bounced back from

Tether Adds Fresh $1 Billion USDT To Supply – Bitcoin To Rally Again?

According to data from CoinMarketCap, Bitcoin rose by 29% on Friday to trade above $67,000 for the first time since April 24 This positive price performance by the maiden cryptocurrency has been

Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions

Between May 10 and May 17, non-fungible token (NFT) sales totaled $15056 million, marking an 897% decline from the previous week’s figures NFT sales have consistently decreased on a weekly

DOJ Arrests Two In Connection With $73 Million Crypto Laundering Scheme

United States authorities have charged two foreign nationals for laundering $73 million in cryptocurrency investment scams, commonly known as “pig butchering” This development was

Analyzing the US Government’s Bitcoin holdings: What you need to know

The following is a guest post from Vincent Maliepaard, Marketing Director at IntoTheBlock According to the latest data from IntoTheBlock, the US government holds over 1% of the Bitcoin supply, valued