Welcome to Coinsurges:
Your Ultimate Source for Cryptocurrency Updates
Coinsurges is a platform that covers fintech, blockchain, and Bitcoin news, providing the latest updates and analyses on the future of money. The introduction of Bitcoin in 2008 marked the declaration of the cryptocurrency standard, which sparked a new technology and social change. Cryptocurrencies aim to provide a means for global, peer-to-peer transactions that prioritize privacy and financial security.
For the latest news and updates on cryptocurrency, digital assets, and the future of money, Coinsurges is the go-to platform.
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Bitcoin’s 200-day moving average breaks $50,000 for the first time
Quick Take Bitcoin has primarily oscillated between the $60,000 and $70,000 range since late February, occasionally surpassing $70,000 to achieve its all-time high However, it briefly dipped below
Binance Megadrop vs. Traditional Airdrops: What’s the Difference?
In the world of cryptocurrencies, the allure of obtaining digital assets at no cost is a powerful draw. Airdrops, a concept as intriguing as...
Bitcoin and Ethereum ETFs in Hong Kong diverge
Quick Take Hong Kong ETFs According to Farside data, the digital asset exchange-traded funds (ETFs) market in Hong Kong (HK) experienced a divergence in flows on May 8 While Bitcoin (BTC) ETFs saw
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution The project tested
Core Scientific Posts $210.7M Profit in Q1 2024, Boosted by Bitcoin Mining Surge
Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $2107 million, a stark contrast to the net loss of $04 million
Shiba Inu’s Staking Solution K9 Finance Unveils 2 Major Updates
K9 Finance, the liquid staking solution for the Shiba Inu ecosystem, recently announced two major updates: a live demo for its Bone Crusher platform and its integration into Shibarium’s test
MicroStrategy’s Saylor Bashes Ethereum (ETH), Cardano (ADA) and Ripple (XRP); Traders See Rollblock (RBLK) as a Safe Bet
The CEO of MicroStrategy, Michael Saylor, recently critiqued Ethereum (ETH), Cardano (ADA) and Ripple (XRP) as he labeled them securities This brought about a lot of talk among traders as they now
SEC delays crypto wallet provider Exodus’ NYSE American listing amid ongoing scrutiny
Crypto wallet provider Exodus said the US Securities and Exchange Commission (SEC) made a “surprising last-minute decision” that delayed its planned listing on the NYSE American Stock
Bitwise Heralds Coinbase (COIN) As The ‘Next Amazon’: Price Targets
In a recently published report by Bitwise, the leading crypto index fund manager, a striking comparison has been drawn between Coinbase and Amazon, highlighting a significant yet under-reported
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Blockchain
Solana’s Surge: Here’s Why This Analyst Is Predicting A Rise To $360
Recently, a popular crypto trader and YouTuber has predicted a substantial surge in Solana price, forecasting it could reach as high as $360 soon This prediction is underpinned by a technical pattern
Blockchain
XRP Price To Reach $1.68? Here’s What Will Drive It
Crypto analyst Jonathan Carter has predicted that the XRP price could rise to $168 The analyst, however, noted what needs to happen before the crypto token can attain such heights How XRP Price
Blockchain
Nigeria claims Binance’s bribery allegations are ‘blackmail’
The Nigerian government has refuted bribery allegations made by crypto exchange Binance, which were described as baseless and an attempt to distract from the company’s legal challenges in the
Blockchain
Crypto Traders Discuss Why Memecoins Have Been 2024’s Most Profitable Narrative
Journalist and host Laura Shin interviewed crypto traders Ansem and Kel, known on X as blkoiz06 and Kelxyz, for her Unchained Podcast  They discussed why memecoins had become the most profitable
Blockchain
Revolut Expands Offering To 40 Million Users, Introduces Crypto Exchange Services
In a significant move into the digital asset space, British banking app Revolut has unveiled Revolut X, a dedicated crypto trading platform for UK retail customers According to a Fortune Magazine
Blockchain
ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’
Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model “If
Blockchain
Biden administration to veto overturning of controversial SEC crypto rules
The Biden administration said on May 8 that it would veto HJ Res 109, which intends to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121) The administration said it “strongly
Blockchain
Bitcoin Sharks Show Most Aggressive Buying Spree Ever: Data
On-chain data shows that Bitcoin investors holding between 100 and 1,000 BTC have been on an unprecedented buying spree in the past two months Bitcoin Supply Held By Sharks Has Sharply Gone Up
Blockchain
Crypto Analyst Predicts 350% Surge For Shiba Inu – Here’s The Target
Crypto analyst Crypto Dona has predicted a 350% price surge for Shiba Inu (SHIB) He suggested that the meme coin will unlikely go higher than that in this bull run Shiba Inu To Rise To $000011
Blockchain
Vaneck Introduces Meme Coin Tracking With ‘MEMECOIN’ Index
The investment management firm Vaneck has expanded into the meme coin sector with the launch of its new Marketvector meme coin index, “MEMECOIN” This index, available through Marketvector
Blockchain
FTT Surges 50% On FTX Creditors’ Claims Settlement And Billions In Compensation: How High Can It Rise?
In a significant development, defunct cryptocurrency exchange FTX has unveiled a reorganization plan to reimburse almost all of its customers The announcement has sparked a substantial surge in the
Blockchain
Solana Breakout: Crypto Analysts Confirm SOL Is Ready To Cross $200
Solana had previously touched $200 earlier in the year but this was only for a brief period before declining back down to $150 At this point, the Solana indicators are beginning to flash bullish,
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Bitcoin’s 200-day moving average breaks $50,000 for the first time
Quick Take Bitcoin has primarily oscillated between the $60,000 and $70,000 range since late February, occasionally surpassing $70,000 to achieve its all-time high However, it briefly dipped below
Binance Megadrop vs. Traditional Airdrops: What’s the Difference?
In the world of cryptocurrencies, the allure of obtaining...
Bitcoin and Ethereum ETFs in Hong Kong diverge
Quick Take Hong Kong ETFs According to Farside data, the digital asset exchange-traded funds (ETFs) market in Hong Kong (HK) experienced a divergence in flows on May 8 While Bitcoin (BTC) ETFs saw
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution The project tested
Core Scientific Posts $210.7M Profit in Q1 2024, Boosted by Bitcoin Mining Surge
Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $2107 million, a stark contrast to the net loss of $04 million
Shiba Inu’s Staking Solution K9 Finance Unveils 2 Major Updates
K9 Finance, the liquid staking solution for the Shiba Inu ecosystem, recently announced two major updates: a live demo for its Bone Crusher platform and its integration into Shibarium’s test
