Category: Crypto
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FTX Announces Effective Date For Chapter 11 Reorganization Plan: January 3, 2025
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After years of uncertainty, cryptocurrency exchange FTX, previously led by disgraced founder Sam Bankman Fried, has announced the effective date of its Chapter 11 reorganization plan aimed at distributing funds to… Affected customers. Set the initial distribution date On Monday, FTX Trading Ltd. and its debtors open The court-approved Chapter…
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FTX Announces Effective Date For Chapter 11 Reorganization Plan: January 3, 2025
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After years of uncertainty, cryptocurrency exchange FTX, previously led by disgraced founder Sam Bankman Fried, has announced the effective date of its Chapter 11 reorganization plan aimed at distributing funds to… Affected customers. Set the initial distribution date On Monday, FTX Trading Ltd. and its debtors open The court-approved Chapter…
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PNUT Memecoin Drops 10% After Legal Warning To Binance
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This article is also available in Spanish. Cryptocurrency exchange Binance has been hit with a cease-and-desist letter from Mark Longo, owner of the website Peanut the Squirrel, over alleged copyright infringement. PNUT, the popular squirrel-inspired memecoin, saw a nearly 10% drop following the news. Related reading Internet squirrel becomes a…
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Microstrategy Buys More Bitcoin: Another $1.5 Billion Added
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Michael Saylor’s company Microstrategy has just announced a new purchase of Bitcoin bringing the company’s total holdings to 439,000 BTC. Microstrategy bought another 15,350 Bitcoin A big buyer that was a constant presence during Bitcoin’s recent bull run was Microstrategy. The price of the cryptocurrency has been accelerating while the…
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Dogecoin (DOGE) Rally on Hold: Can Momentum Kick Back In?
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Dogecoin started a downward correction below the $0.400 support level against the US Dollar. DOGE is now consolidating and may be aiming for a new rally above $0.4050. DOGE price started a new decline below the $0.40 level. The price is trading below the $0.4050 level and the 100 hourly…
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Crypto Public Offers Under Scrutiny As UK FCA Proposes Ban – Details
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The UK Financial Conduct Authority (FCA) has issued a report Discussion paper Outlining several proposals and inviting public comments on crypto regulations in the country. Notably, one of the proposals seeks to ban public cryptocurrency offerings from unregulated entities. Cryptocurrency public offerings attract FCA attention According to the Financial Conduct…
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Rally Shows No Signs of Slowing
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Bitcoin price has started to rise again above the $105,000 resistance area. BTC is gaining momentum and is trading to a new all-time high above $107,000. Bitcoin started a new rally above the $105,000 area. The price is trading above $104,000 and the 100 hourly simple moving average. There is…
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Bitcoin Bull Run Continues As Sharks & Whales See 10% Jump
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On-chain data shows that big money investors are flocking to Bitcoin as large wallets have seen sharp growth in the past month and a half. Bitcoin Shark & Whale wallets are up nearly 10% recently According to data from the on-chain analytics company saintBitcoin addresses holding at least 100 BTC…
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MicroStrategy Raises Stakes, Acquires $1.5 Billion In Bitcoin Amid Positive Market Outlook
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Ronaldo is an experienced cryptocurrency enthusiast dedicated to the emerging and ever-evolving industry. With over five years of intense research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which quickly turned into a deep passion to…
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Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity
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Bitcoin rose to a new all-time high today, reaching $106,533 and cementing its position as a market leader in this ongoing rally. Price action has been exceptionally bullish, providing only three quick opportunities for investors to buy small dips in recent weeks. This continued bullish momentum has gripped the market…
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A Last Resort: Un’FE’d Covenants For Bitcoin
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Jeremy Rubin released a proposal a couple of weeks ago called Un’FE’d Covenants (FE = Functional Encryption). Given the controversy surrounding Covenant’s proposals for Bitcoin in the past year or two, his proposal represents a new practical option. All treaty proposals so far require a soft fork (the actual opcodes),…
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Bitcoin Miners Now In Selling Mode For A Year: Should You Be Concerned?
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This article is also available in Spanish. On-chain data shows that Bitcoin miners have been selling for about a year now. Here’s how much they’ve sold so far. Bitcoin miners have given up more than 4% of their holdings in the past year As CryptoQuant community analyst Maartunn noted in…
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Will Bitcoin ETFs Surpass 1 Million BTC Before 2025?
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As Bitcoin continues to mature, one of the most telling indicators of its longevity and integration into the broader financial ecosystem is the rapid growth of Bitcoin exchange-traded funds (ETFs). These products, which provide mainstream and regulated exposure to Bitcoin, have received significant inflows from institutional and retail investors since…
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Ethereum May Retest $3,700 Before a Major Rally, Analyst Predicts
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Dogecoin Price Consolidation: Volume, Resistance, And Technical Indicators Point To Another Breakout
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the Dogecoin price It could be preparing for a potential upward movement as it approaches a critical resistance level. After the price consolidation was completed, one cryptocurrency analyst suggested that technical indicators point to a… Big breakout to the upside. The main factors supporting the bullish outlook for Dogecoin price…
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Bitcoin Breaks ATH Pushing Back Into Price Discovery – BTC To $130K?
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This article is also available in Spanish. Bitcoin broke its all-time highs, reaching $106,500 just a few hours ago, paving the way for an even bigger move. After trading in a sideways range within an ascending triangle for weeks, the price finally broke through the crucial $103,600 resistance level established…
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Potential $ETH Santa Rally $5K Pump, $STARS Raises $18M
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With the cold wind blowing outside, the cryptocurrency market is heating up. As 2024 draws to a close, the cryptocurrency market is abuzz with talk of a “Santa Race,” driven largely by two pivotal developments. The first is the potential rise in the price of Ethereum to $5,000 on the…
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Ex-Hedge Fund Guru Bets Big On Dogecoin As ‘Core Crypto Bet’
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This article is also available in Spanish. Raoul Pal, a former hedge fund manager who retired at the age of 36 and now works as co-founder of Real Vision, a prominent financial media company, provided an update on his cryptocurrency portfolio. In a mail On X Day, December 16, Pal…
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Ex-Hedge Fund Guru Bets Big On Dogecoin As ‘Core Crypto Bet’
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This article is also available in Spanish. Raoul Pal, a former hedge fund manager who retired at the age of 36 and now works as co-founder of Real Vision, a prominent financial media company, provided an update on his cryptocurrency portfolio. In a mail On X Day, December 16, Pal…
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Bitcoin Hits $106K ATH Amid US Interest Rate Changes
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Bitcoin rose past $106,000 ATH late last night, tracking a 50% price rise since the US election result due to Donald Trump’s support for cryptocurrencies. Its rise also comes after expectations of upcoming changes in interest rates by the Federal Reserve (Fed), and perhaps a Cut interest rates by 25…