Cryptocurrency - news

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On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management. Giovanni Capriglione Introduces Bill for State Bitcoin Reserve The legislation, titled the Texas Strategic Bitcoin Reserve Act, outlines the creation […]

Bitcoin whales are back in buy mode as BTC price strength continues despite a new stagflation jolt for the US Federal Reserve.

The new funds add to Grayscale’s expanding suite of single-asset crypto products.

ADA price rallies after the ADA/BTC chart retested the a critical longer-term moving average on its daily chart.

Shareholders at Microsoft crypto decision recently voted overwhelmingly against a proposal to invest 1% into.. The post Bitcoin Still Has a Long Way to Go: Just 1% of Microsoft shareholder Back BTC appeared first on 99Bitcoins.

On December 12, 2024, the Dogecoin network was exploited when an “ethical” hacker uncovered a critical flaw. This exploit brought down a staggering 69% of the network’s active nodes, sparking The post Dogecoin Flaw Exploited, Hacker Crashes 69% of Active Nodes appeared first on CryptoNinjas.

We are always on the lookout for promising projects across various sectors, and the trending.. The post Will Crypto Fund Key to Life Extension: New DeSci Token Metformin (MET) Debuts on Pump.Science appeared first on 99Bitcoins.

Dogecoin has seen choppy price action over the past few weeks, reflecting the broader market’s indecision. After reaching a new yearly high of $0.484, the price retraced sharply, losing over 25% of its value. This pullback has left Dogecoin struggling to regain strength and find clear direction, creating uncertainty among retail investors. Related Reading: Bitcoin Finds Support At $94.5K As STH Realized Prize Signals Strength Despite the retrace, on-chain data provides a promising signal for Dogecoin’s potential recovery. Metrics from Santiment reveal that Dogecoin whales took advantage of the recent dip, accumulating a staggering 210 million DOGE during the correction. This accumulation suggests that large holders position themselves for higher prices, signaling confidence in Dogecoin’s long-term outlook. The market is watching closely to see if this whale activity can reignite momentum and push Dogecoin back toward its highs. With whales accumulating during the correction, recovery [...]

As of Dec. 12, 2024, the XRP/USD market reflects a steady consolidation phase across several timeframes, with bulls and bears locked in a tug-of-war at pivotal levels. XRP On Thursday, XRP’s daily chart paints a picture of an earlier uptrend tempered by recent consolidation. Prices climbed from $0.54 to a high near $2.91, encountering a […]

The product is part of Synthetix's ongoing effort to revamp after a governance overhaul in October.

Shiba Inu whale Shibtoshi reveals how he gets around paying big capital gains tax bills, and that time he accidentally coded up a honeypot.

Just a few days after Ripple's stablecoin officially obtained approval from the New York authorities, optimism remains high about the cryptocurrency's potential. Although the price is consolidating in the daily chart, the trend is positive in the weekly chart. The price at the time of publication was $2.41, with a 1.32% price increase in the past day and a 1.14% spike in the weekly chart. Recent Price ChangesXRP still ranks the fourth largest cryptocurrency on CoinMarketCap, with a market capitalization of $137 billion. However, the trading volumes dropped by 50% in the past 24 hours to $11.79 billion. Beyond the volatility, XRP is perceived as the most resilient cryptocurrency. Few cryptocurrencies have managed to sustain growth amid regulatory challenges, including Ripple's legal tussle with the SEC. Now, Ripple's XRP is attracting other digital asset projects to launch on its blockchain, the XRP Ledger.Among these projects is a meme coin dubbed $PHNIX. According to a statement the [...]

A Falling Wedge pattern has emerged on the XRP price chart, fueling speculation of a bullish reversal to new highs. According to a crypto analyst, XRP could reach three potential new price targets if it can break out of the Falling Wedge, with $2.8 being the highest target.    Falling Wedge To Trigger XRP Price Surge To $2.8 The XRP price has been on a powerful uptrend in the past month, jumping from $0.5 to over $2 in just one month. Acknowledging this impressive performance, a crypto analyst on TradingView, known as ‘MBM_Crypto,’ has revealed that the XRP price has undergone a pullback and is currently “cooling off” in a Falling Wedge pattern after experiencing its massive upside move. Related Reading: Bitcoin CME Chart Shows Striking Similarities To 2023, Here’s What Happened Last Time A Falling Wedge is a technical chart pattern that indicates a potential price reversal to the upside. Typically seen as a bullish signal, this pattern often appears during a downtrend, featuring two [...]

As well as cleaning up in the Electoral College, Donald Trump also seems to be doing rather bullishly with his cryptocurrency account. And now, observers are wondering if Wall Street Pepe ($WEPE) is next on his radar. Despite his past talent for bankrupting businesses, Trump’s crypto account seems to be bucking trends by performing rather well so far. According to Arkham, he currently holds almost $10M in crypto assets, with $TROG being the biggest one by far (almost $3.9M). This is notable as his preferred cryptocurrency has always seemed to be Ethereum ($ETH). But could his next target be Wall Street Pepe ($WEPE)? Given his political inclination to buck trends, break rules, and upset the apple cart, what $WEPE is trying to accomplish in the crypto markets may resonate with his team. After all, $WEPE is based on turning the tables on Wall Street whales, and letting the small investors make their potential fortune. This rule-bucking and trend-breaking could be what appeals to the [...]

A leaked proposal to Russian finance minister, Anton Siluanov on the creation of a bitcoin strategic reserve in Russia, is adding to speculation about an imminent Bitcoin Space Race between the two global superpowers.  This, after President-elect Donald Trump pledged to establish his own Strategic Bitcoin Reserve in the US, even suggesting part of the US debt “could be “paid off” with Bitcoin. The leaked proposal hints Russia has its own reasons for getting into crypto:  “In conditions of limited access to traditional international payment systems for countries under sanctions, cryptocurrencies are becoming virtually the only instrument for international trade.” The Central Bank of Russia is already preparing to launch an experiment in cross-border settlements in cryptocurrency. Putin himself recently described bitcoin as an “unstoppable technology” and praised its potential as an alternative to foreign currency reserves. Indeed, financial sanctions may have driven Russia to adopt [...]

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U.S. spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed a positive momentum on Wednesday. BTC-focused ETFs brought in $223.03 million, while their ETH counterparts saw inflows of $102.03 million. Bitcoin and Ether ETFs Continue to Rally On Wednesday, the 12 U.S. spot bitcoin (BTC) exchange-traded funds (ETFs) collectively attracted $223.03 million in inflows […]

Paxos co-founder and CEO Charles Cascarilla said stablecoins pull people into Web3 because they solve problems.

Ether price may rally toward $5,000 in December after breaking out of its cup-and-handle chart pattern.

Byte Federal, operator of 1,300 Bitcoin ATMs in the US, urged its customers to reset login credentials following a massive data breach.

Former CFTC commissioner Brian Quintenz, now a16z’s policy head, is reportedly Trump’s pick for CFTC chair, signaling a pro-crypto regulatory shift.

Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec. […]

Some of Alipay’s mainland Chinese users saw ads inviting them to invest up to $137 daily in a fund with indirect exposure to a US spot Bitcoin ETF and Coinbase.

Security researchers claimed that the vulnerability could have been used to crash the entire Dogecoin network.

Nvidia is facing a class-action lawsuit over Nvidia crypto miners’ mining rigs, alleging that it.. The post Nvidia Hit with Class-Action Lawsuit Over Crypto Miner Sales After Supreme Court Denies Appeal appeared first on 99Bitcoins.

Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.

The Bitcoin (BTC) market has undergone a remarkable recovery this year, largely due to the increased popularity of Bitcoin ETFs. BTC reached an all-time high of $73,000 in the first quarter of the year, sparking a bullish trend that continues today, with a recent high of $104,000. The presidential election of Donald Trump has had a huge impact on this rise especially over the past month, as he has positioned himself as the first pro-crypto President, picturing America as the “crypto capital of the world.” Trump’s favorable position toward digital assets has infused increased optimism among investors, resulting in increased buying pressure from Bitcoin ETF providers such as BlackRock and Fidelity. Notably, the top 12 Bitcoin ETFs have emerged as the biggest BTC holders, with a combined asset value of over $100 billion.  This figure represents one of the most successful ETF launches in financial history, with the 12 spot Bitcoin ETFs now collectively owning approximately 1.1 million [...]

Babylon co-founder and chief technology officer Fisher Yu said DeFi on Bitcoin can evolve faster than other ecosystems by learning from the mistakes of the broader DeFi space.

The CNV, the current VASP regulatory institution in Argentina, has signed a collaboration agreement with the Digital Asset National Commission (CNAD) of El Salvador to exchange information, supervise, and regulate cryptocurrency exchange operations. Argentina to Lean on El Salvador’s Experience in the Digital Asset Regulation Field President Javier Milei’s administration seems adamant about establishing clear […]

El Salvador partners with Argentina to strengthen the digital assets industry, and has talks underway with over 25 nations for similar partnerships.

Bitcoin (BTC) recaptured the vital $100,000 threshold on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector’s future regulatory environment under President-elect Donald Trump. Bitcoin Price Nears Record Peaks The regulatory landscape is poised for significant changes, particularly with Brian Quintenz emerging as a strong candidate to lead the Commodity Futures Trading Commission (CFTC).  Quintenz, currently the head of policy at a16z Crypto—Andreessen Horowitz’s digital asset division—and a former Republican CFTC commissioner, is seen as a favorable choice for the crypto community.  Related Reading: XRP Price Defies Bearish Crypto Trend, Rallies 6%: Key Drivers Revealed This follows the recent selection of pro-crypto Paul Atkins to lead the US Securities and Exchange Commission (SEC), giving him the ability to turn the regulatory agency 180 degrees after years of leading a regulation-by-enforcement [...]

The concerns were in response to Michael Saylor’s suggestion that the U.S. should quadruple its planned strategic reserve and exert influence over the Bitcoin network. Saylor Calls for U.S. To Purchase up to 25% of Total Supply Bitcoin educator Anita Posch, founder of non-profit organization Bitcoin for Fairness posted a warning on X about the […]

Bitcoin (BTC) fell to $94,500 yesterday after Microsoft shareholders decisively rejected a Bitcoin treasury proposal to allocate 1% of the company’s total assets to buy BTC as an inflation hedge. However, analysts are still confident of further appreciation of the BTC price. Bitcoin May Surge As High As $275,000 According to data from Coinglass, over $478 million worth of contracts – primarily long positions – were liquidated in the past 24 hours following the plunge in BTC and other cryptocurrencies. Interestingly, liquidation volumes were higher in altcoins compared to Bitcoin. Related Reading: Bitcoin Resets Open Interest, Targets $100,000 After Holding Key Support – Details However, some analysts view this price dip as a buying opportunity. Seasoned crypto analyst Ali Martinez took to X to highlight a long cup and handle pattern forming on Bitcoin’s weekly chart. For those unfamiliar, the cup and handle pattern is a bullish technical formation that resembles a rounded “cup” [...]

The Royal Melbourne Institute of Technology’s Blockchain Innovation Hub will no longer exist in its current dedicated form starting in 2025.

BNB price is gaining pace above the $700 zone. The price is showing positive signs and might aim for a move above the $735 resistance. BNB price started a fresh increase from the $650 support zone. The price is now trading above $700 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $705 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $700 level to start another increase in the near term. BNB Price Starts Fresh Increase After a close above the $675 level, BNB price started a fresh increase, like Ethereum and Bitcoin. The bulls were able to pump the price above the $680 and $700 resistance levels. There was a break above a key bearish trend line with resistance at $705 on the hourly chart of the BNB/USD pair. The pair surpassed the 50% Fib retracement level of the downward move from the $761 swing high to the $650 low. The price is now trading above $700 and the 100-hourly [...]

ChatGPT went down globally around 11:07 pm UTC on Dec. 11, but started coming back online in some regions of the world.

The on-chain analytics firm Santiment has revealed that Dogecoin and XRP are flashing bullish signals in an often overlooked metric. Dogecoin, XRP, & Bitcoin Recently Saw A Decline In Mean Dollar Invested Age In a new post on X, Santiment has discussed the latest trend in the Mean Dollar Invested Age indicator for a few of the top coins in the cryptocurrency sector. Related Reading: Crypto Suffers $1.6 Billion Liquidations As XRP, DOGE Down 10% The “Mean Dollar Invested Age” keeps track of the average age of every dollar the holders have invested into the cryptocurrency. This metric is similar to the Mean Coin Age, an indicator that measures the average age of tokens in the entire circulating supply. The Mean Coin Age uses on-chain data to determine when every coin was last moved on the network and calculates the mean for the supply based on it. The Mean Dollar Invested Age works on the same data, except that it converts the coins to their USD value based on the price at their last [...]

Google has several experimental AI assistant projects with different functions, such as helping users with video games and in-depth research.

Ethereum price started a decent increase above the $3,650 zone. ETH is now rising and might aim for a move above the $3,900 resistance zone. Ethereum started a decent increase above $3,650 and $3,680. The price is trading below $3,750 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,720 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,850 and $3,900 resistance levels. Ethereum Price Eyes More Gains Ethereum price remained stable above $3,500 and started a fresh increase like Bitcoin. ETH was able to climb above the $3,650 and $3,720 resistance levels. There was a break above a key bearish trend line with resistance at $3,720 on the hourly chart of ETH/USD. The bulls pushed the pair above the 50% Fib retracement level of the downward wave from the $4,015 swing high to the $3,488 low. The price even spiked above the $3,800 resistance zone. Ethereum price is now [...]

While Bitcoin (BTC) has previously shown significant momentum in this market cycle, recent insights suggest that liquidity sources beyond Coinbase may be driving the trend. A CryptoQuant analyst, Mignolet, specifically provided a detailed analysis of Bitcoin’s market, shedding light on the role of major exchanges like Coinbase and Binance in the ongoing bull cycle. Related Reading: Anthony Scaramucci Foresees China Bitcoin Strategic Reserve In 2025 Shifting Liquidity Dynamics And Exchange Roles In a recent post on the CryptoQuant QuickTake platform titled “Coinbase Dominance Remains Low,” Mignolet examined the trajectory of Coinbase’s influence on Bitcoin’s price movements. The analyst highlighted that while Coinbase played a crucial role in the initial stages of this year’s Bitcoin rally, its dominance has since diminished. This shift indicates a broader distribution of liquidity across the market, with Binance emerging as a significant player in sustaining the bullish momentum. [...]

Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it. In the piece, we noted that China might be sitting on a stash of over 190,000 bitcoins, and our report also threw in that this […]

The son of US President-elect Donald Trump said that Bitcoin will continue to soar and made an audacious prediction that it will reach $1 million per coin. Related Reading: Tether’s USDT Hits New High—330 Million Wallets And Counting Trump Organization Vice President Eric Trump vowed that his father and their family will not cease their support of the firstborn cryptocurrency. Cornerstone Of A Financial Revolution Eric believes that Bitcoin being traded at $1 million per coin may happen soon, describing the crypto as the “cornerstone of a financial revolution.” COMMENT: Eric Trump is confident that Bitcoin will hit $1M. https://t.co/iFb5cmzpFz — BSCN (@BSCNews) December 10, 2024 Trump’s son made the fearless forecast as he talked to the attendees of the Bitcoin MENA 2024 conference in Abu Dhabi on December 9, delivering his prediction to the audience without any taint of doubt on the capability of Bitcoin to hit that milestone. “I can tell you a hell of a lot more eyes are going to be [...]

ResearchHub is backed by Coinbase CEO Brian Armstrong, who has strongly advocated for science peer reviewers to get paid.

It’s been a rough 24 hours for meme coins, with Dogecoin and Pepe both taking a beating. DOGE is down 4%, while PEPE has slipped 8%. Meanwhile, Pepe Unchained has gone against this bearish trend and made headlines with its Uniswap debut – fresh off a record-breaking presale phase that raised over $70 million. DOGE […]

Balancer’s version three (v3) launch introduces innovations like Boosted Pools, a Hooks Framework, and a strategic partnership with Aave, aiming to enhance liquidity optimization, security, and developer tools in the decentralized finance ecosystem. Balancer Unveils v3, Integrates With Aave for Enhanced Liquidity Balancer has launched its v3 platform, introducing a suite of enhancements aimed at […]

Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum’s ecosystem. Given Resnick’s strong ties to Ethereum and growing enthusiasm for Solana, this unexpected decision has sparked debate in the cryptocurrency community. Related Reading: Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows Resnick wrote a blog post outlining his motivation for joining Solana, emphasizing his wish to become knowledgeable about the protocol’s main components, including consensus processes and fee markets. He clarified, “I want to get up to speed on the implementation details as soon as possible,” adding that his work might open the door for others to eventually help Solana flourish. Last week was my last week at Consensys. Today is my first day at @anza_xyz. I’m taking my talents to Solana. In my first 100 days, I plan on writing a spec for as much of the [...]

Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government.

SOL price is up today as significant developments within the layer-1 ecosystem led to a rise in Solana network use.

Bitcoin’s rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.