Cryptocurrency - news

Deutsche Bank joins fellow investors Peak XV Partners, JP Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.

Scroll’s native SCR token dropped roughly 32% on day one of trading after a controversial airdrop.

Bitcoin recently saw a 9% retrace from its all-time high of $99,800, narrowly missing the psychological $100K milestone. The pullback brought BTC down to a low of $90,700 on Tuesday, sparking concern among some investors. However, the price has since recovered, showing resilience as it climbs back toward key resistance levels. Despite the volatility, Bitcoin’s long-term bullish structure remains intact, with market sentiment leaning optimistic. Related Reading: Cardano Whales Buy The Dip – Metrics Show Increasing Demand Top analyst Axel Adler has provided key on-chain insights that suggest that the strong demand for Bitcoin persists at current levels. According to Adler, this buying activity indicates that investors view pullbacks as opportunities to accumulate, underscoring confidence in Bitcoin’s potential for further growth. However, he also highlighted solid support at lower price levels, which could come into play if the current recovery fails to sustain. The next few days will [...]

The 12 spot bitcoin exchange-traded funds (ETFs) had a standout Wednesday, capitalizing on BTC’s latest price climb. Collectively, these funds attracted $103.09 million in inflows, pushing their cumulative net inflows since Jan. 11 to an impressive $30.38 billion. Bitcoin and Ethereum ETFs See Combined $193M Inflows on Wednesday Leading the charge, Bitwise’s BITB pulled in […]

Russia’s Federation Council has approved a new taxation framework for digital currencies.  Importantly, the legislative.. The post Amid Bitcoin Surge, Russia Approves New Framework For Crypto Tax appeared first on .

The memecoin market is known for its unpredictability—wild swings, cult-like communities, and narratives that can.. The post Pandana’s $400K Presale: Why Investors Are Moving Beyond Popcat and Dogwifhat appeared first on .

The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra’s stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether’s Market Cap Hits $132B Data reveals that the crypto economy is currently valued at $3.33 trillion, with stablecoins making up anywhere between 5.70% and 6.02% of the total, depending […]

Investors have expressed apprehension regarding the recent price fluctuations of Bitcoin, particularly in light of analysts’ predictions of a 20-25% decline in the global M2 money supply. Related Reading: Crypto Bloodbath: Over $500 Million Liquidated As Bitcoin Slides To $92K – Report At $92,864, bitcoin is down nearly 9% from its recent high of just under $100,000. That fall is part of a trend of profit-taking by long-term holders, who sold 366,000 BTC in the last month, the most since April 2024. Introduction To The M2 Money Supply Connection Market researchers have been studying the relationship between Bitcoin prices and global M2 money circulation. Crypto analyst Joe Consorti noted that Bitcoin prices have regularly tracked M2 pricing, albeit 70 days later. Bitcoin has tracked global M2 with a ~70-day lag since September 2023. I don’t want to alarm anyone, but if it continues, bitcoin could be in for a 20-25% correction. Global M2 in ⚪️ Bitcoin in ???? pic.twitter.com/PlPoaHUoFR [...]

Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.

Frax Finance was allegedly among the crypto companies targeted by the debanking effort, according to the platform’s founder.

Australian Fortnite YouTuber and former esports professional SerpentAU is caught at the center of a.. The post Ex-Fortnite Star Accused Of $3.5 Million Meme Coin Fraud appeared first on .

BONK is facing mounting bearish pressure as technical indicators signal growing weakness in the market. After a brief attempt to stabilize, the token appears to be losing momentum dropping again toward the $0.00004002 for another test, with key metrics pointing to further downside. As BONK navigates these challenging conditions, speculations are on whether the meme coin can reclaim its footing or if deeper losses are inevitable.  This analysis dives into BONK’s current market performance under bearish conditions, highlighting the technical indicators that signal potential weakness. Furthermore, we will assess the likelihood of a recovery or a continuation of BONK’s downward trajectory by analyzing critical support levels, market trends, and the broader outlook,  Technical Indicators Signal Growing Weakness For BONK On the 4-hour chart, BONK exhibits negative sentiment, trading below the 100-day Simple Moving Average (SMA) as it trends downward toward the $0.00004002 support level. A [...]

London, United Kingdom, 28th November 2024, Chainwire The post CryptoAutos Announces Launch Date for $AUTOS Token Sale: Merging Blockchain with Luxury Cars appeared first on CryptoNinjas.