Cryptocurrency - news
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10.12.2024 05:30 A CTO argues generative artificial intelligence (AI) enhances creativity by lowering barriers and shifting human focus to higher-level tasks. Lowering Barriers to Creativity with AI Fueled by fears that AI will eventually stifle creativity, doomsday predictions are nothing new, as Phillipe Wassibauer, chief technology officer (CTO) at Crunchdao, has asserted. Wassibauer, however, argues that even […] bitcoin.com |
10.12.2024 05:26 Max Resnick became increasingly critical of Ethereum’s layer-2 scaling approach in recent months, suggesting it should have focused its scaling efforts on the base layer like Solana. cointelegraph.com |
10.12.2024 05:08 XRP price failed to extend gains above the $2.40 zone. The price is down over 10% and might even decline toward the $2.00 support zone. XRP price started a downside correction from the $2.50 resistance zone. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.26 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.32 resistance. XRP Price Dips Again XRP price failed to start a fresh increase above the $2.50 resistance zone. It started a fresh decline below the $2.35 level like Bitcoin and Ethereum. There was a move below the $2.30 and $2.25 levels. The price even dived below the $2.20 support. A low was formed at $1.989 and the price is now correcting some losses. There was a move above the $2.20 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $2.64 swing high to the $1.98 [...] newsbtc.com |
10.12.2024 05:07 Bitcoin’s daily realized profit metric has fallen 76% since the initial hype about $100,000 Bitcoin began to wane, according to crypto analysts. cointelegraph.com |
10.12.2024 04:55 Key Takeaways: Security-Focused Blockchain Development: Core DAO’s emphasis on security-first principles in Bitcoin-based DeFi showcases the industry’s move toward trust and stability. Bitcoin’s Price Trajectory: Predictions of Bitcoin reaching $110,000
The post Bitcoin MENA 2024: A Vision towards the Future of DeFi and Blockchain Security appeared first on CryptoNinjas. cryptoninjas.net |
10.12.2024 04:47 After predicting a possible XRP price surge to $15, a leading crypto expert has spotlighted..
The post Crypto Expert Who Predicted XRP Price Surge Says $15 Is Primed, But ETFSwap Will Beat Cardano And Dogecoin To Get There First appeared first on 99Bitcoins. 99bitcoins.com |
10.12.2024 04:42 Bitcoin’s recent surge has captivated investors and analysts alike, with the cryptocurrency now sitting comfortably..
The post Bitcoin Price to Hit $190K, Analysts Point to Altcoin Ready for a 30,404% Rally by Q1 2025 appeared first on 99Bitcoins. 99bitcoins.com |
10.12.2024 04:30 BRICS nations brace for a global economic standoff as U.S. tariff threats spark concerns about trade retaliation and geopolitical tensions, reshaping international alliances. BRICS Retaliation Inevitable: Expert Predicts Clash Over US Tariffs BRICS countries are expected to retaliate with countermeasures if the U.S. imposes a 100% customs duty on goods from member states, Tass reported, […] bitcoin.com |
10.12.2024 04:30 MicroStrategy, the business intelligence firm helmed by co-founder and Chairman Michael Saylor, has made headlines yet again with the announcement of a $2.1 billion Bitcoin (BTC) acquisition. Interestingly, this is the fifth consecutive Monday that the Tysons Corner, Virginia-based corporation has announced major acquisitions of the market’s leading crypto, demonstrating confidence in BTC’s prospects and price appreciation. Microstrategy’s Bitcoin Stash Surpasses Nvidia According to a filing with the US Securities and Exchange Commission (SEC), MicroStrategy purchased 21,550 Bitcoin tokens between December 2 and December 8 for an average price of $98,783 per token. Over the last four years, Saylor and his firm have amassed Bitcoin worth more than $41 billion, a move he undertook to shift the software company’s survival strategy. Saylor said in October that it would fund $42 billion over three years through a combination of at-the-market stock sales and convertible debt offers, [...] newsbtc.com |
10.12.2024 04:18 Ethereum price corrected gains below the $3,880 zone. ETH is now recovering some losses and facing hurdles near the $3,800 resistance zone. Ethereum started a downside correction below $3,880 and $3,800. The price is trading below $3,880 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,815 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,600 support zone. Ethereum Price Dips Further Ethereum price failed to stay above the $4,000 zone and started a downside correction like Bitcoin. ETH declined below the $3,880 and $3,800 support levels. It even spiked below $3,600. A low was formed at $3,488 and the price is now recovering some losses. It climbed above the $3,550 and $3,620 levels. The price surpassed the $3,700 level and tested the 50% Fib retracement level of the downward move from the $4,017 swing high to the $3,488 low. Ethereum price is now trading below [...] newsbtc.com |
10.12.2024 03:57 The US will soon have a crypto-friendly White House, but Binance’s Richard Teng said it may be too soon to start talks about re-entering that market. cointelegraph.com |
10.12.2024 03:43 Bitcoin price started another decline and traded below the $98,000 support. BTC dipped toward the $95,000 level and is currently correcting losses. Bitcoin started a fresh decline below the $98,000 support zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $98,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could regain momentum if it closes above the $98,800 resistance zone. Bitcoin Price Takes Hit Bitcoin price failed to gain pace above the $100,000 level. BTC started another downside correction and traded below the $98,000 level. There was a move below the $96,500 support. The price even spiked below $95,000. A low was formed at $94,140 and the price started a recovery wave. There was a move above the $96,500 level. The price climbed above the 50% Fib retracement level of the downward wave from the $100,432 swing high to the $94,140 low. Bitcoin price is [...] newsbtc.com |
10.12.2024 03:30 Rich Dad Poor Dad author Robert Kiyosaki warns of an imminent economic collapse, urging swift action as baby boomers risk devastating losses in homes, stocks, and bonds. Robert Kiyosaki: Biggest Crash in History Will Hit Boomers Hard—Act Now Renowned financial expert and best-selling author Robert Kiyosaki has issued a stark forecast, warning of an imminent […] bitcoin.com |
10.12.2024 03:30 Ethereum (ETH) continues to hover around the critical $4,000 resistance level, a price point many believe could determine the cryptocurrency’s next major move. However, a strong weekly close has sparked optimism among analysts, suggesting that ETH could be on track to reach a new all-time high (ATH) soon. Ethereum Heading To New ATH? Experts Weigh In While cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP have experienced explosive growth this year, ETH’s price momentum has been relatively subdued. According to CoinGecko, Ethereum has recorded gains of 62% over the past year, falling short compared to other trending digital assets. Related Reading: Analyst Confirms Ethereum Golden Cross As ETH Surges Past $4,000 – Is Altseason In Sight? However, ETH’s performance relative to other cryptocurrencies has not deterred ETH bulls from aiming for new ATHs for the cryptocurrency. For instance, seasoned crypto analyst Pentoshi recently took to X to explain the significance of ETH’s [...] newsbtc.com |
10.12.2024 03:19 One expert says while Willow is a significant development, it’s still far short of being a threat to crypto encryption, at least for now. cointelegraph.com |
10.12.2024 02:30 Amazon faces shareholder pressure to assess bitcoin as a treasury asset, citing inflation risks, bitcoin’s soaring returns, and corporate trends toward cryptocurrency adoption. Shareholders Push Amazon to Embrace Bitcoin—A Bold Treasury Move? Amazon shareholders are pressing the company’s Board to explore the potential benefits of adding bitcoin to its financial strategy. The proposal, submitted by […] bitcoin.com |
10.12.2024 02:00 Ethereum, the second-largest crypto by market capitalization, has recently demonstrated strong bullish momentum, breaching above $4,000. It is worth noting that its price rally has been accompanied by a significant spike in its funding rates, a critical metric reflecting sentiment in the futures market. The metric, analyzed by CryptoQuant analyst ShayanBTC, has reached levels not seen since January 2024. This surge in funding rates suggests a growing optimism among traders, with many anticipating the possibility of Ethereum reaching new all-time highs. Related Reading: Large Ethereum Transactions Grow As ETH Breaks Yearly Highs But Is A Correction On The Horizon? Despite this enthusiasm, the market’s current state raises questions about sustainability. Historically, such spikes in funding rates have often preceded short-term corrections, stabilizing the market. According to Shayan, the current situation mirrors January 2024, when Ethereum saw an 88% rally following similar market [...] newsbtc.com |
10.12.2024 01:50 The coin quickly crashed and lost most of its value in a matter of hours. ‘Hawk Tuah Girl’ Meme Coin HAWK Goes Kaput Within Hours of Launch Haliey Welch, more commonly known as “Hawk Tuah Girl” on the Internet, launched a much-hyped-about Solana-based meme coin HAWK on Dec. 4. Within hours, it cratered by more […] bitcoin.com |
10.12.2024 01:24 Bitoasis, a leading virtual asset platform in the Middle East and North Africa (MENA) region, has received a full virtual asset service providers (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). Securing the full VASP License marks the final step in VARA’s licensing process. This milestone allows Bitoasis to expand its services to retail, […] bitcoin.com |
10.12.2024 01:19 It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks. cointelegraph.com |
10.12.2024 00:50 Coinshares digital assets report showed a significant surge in digital asset inflows, reaching $3.85 billion. Record Breaking Inflows Into Digital Asset Investment Digital asset investment products had the biggest weekly inflows ever at $3.85 billion, shattering the previous record established only a few weeks earlier. Coinshares‘ analysis of last week’s (Dec. 2 – Dec. 6) […] bitcoin.com |
10.12.2024 00:30 Bitcoin might become part of Amazon’s treasury strategy as the online retail giant’s shareholders are pushing for the adoption of the cryptocurrency in its assets. If Amazon embraces digital assets, it will join other business titans exploring the inclusion of Bitcoin in their asset portfolios. Related Reading: Countdown To $5 XRP: Engineer Predicts Milestone On ‘Strong Fundamentals’ Bitcoin As Financial Reserve Option Shareholders of Amazon urged the online retail store to evaluate the possibility of adding Bitcoin to its balance sheet, saying that the firstborn cryptocurrency could enhance the investors’ value in the long term because it is one way of protecting it from inflation. A US-based think tank told Amazon to assess the prospect of using a portion of its financial reserve to hold Bitcoin to increase its shareholder’s value and fight off inflation. According to a recommendation made by the National Center for Public Policy Research (NCPPR), the shareholders of the company are [...] newsbtc.com |
10.12.2024 00:20 The report underscores USDT’s pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether’s second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million onchain wallets holding USDT at the start of Q4 2024. This makes USDT one […] bitcoin.com |
09.12.2024 23:40 Coinbase’s support account on X tackled grievances regarding alleged account restrictions. In a post, the company emphasized, “don’t believe everything you see on twitter.” However, an attached X Community Notes clarification pointed out that Coinbase is “indeed restricting accounts.” Locked Accounts and Frustrated Users: Coinbase Faces Customer Outcry A flood of complaints has been aimed […] bitcoin.com |
09.12.2024 23:07 Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on between $96,800 and $97,000 per coin, though it briefly plummeted to $94,249, setting off the turmoil. Bitcoin Flash Crash Causes […] bitcoin.com |