Kryptowaluty - wiadomości

Crypto.com has reached a new milestone by surpassing 100 million users globally, marking a significant achievement for the company since its inception in 2016. The cryptocurrency exchange attributed this achievement to its latest marketing campaigns, which include partnerships with renowned personalities, venues, and events.Partnerships Propel Crypto.comSome of the marketing efforts include hosting NBA and NHL playoffs at the Crypto.com Arena and the Formula 1 Crypto.com Miami Grand Prix. Additionally, the firm recently released a film for its brand dubbed "INEVITABLE" under the campaign "Fortune Favors the Brave." Kris Marszlek, the CEO of Crypto.com, mentioned: "Positioning our brand through engaging campaigns and iconic partnerships has made Crypto.com a household name. But I'm most proud of the fact that we've surpassed the 100 million user milestone while building the most widely regulated platform in the industry by leading in global licenses and registrations."We’ve crossed a [...]

Data shows the Bitcoin Open Interest as a percentage of its market cap has been at lows recently, a sign the derivatives side has been healthy. Bitcoin Open Interest Is Now Less Than 2% Of The Market Cap As explained by analyst James Van Straten in a new post on X, the derivatives side of the market has looked “extremely healthy” while BTC’s latest recovery has occurred. The metric of interest here is the “Open Interest,” which keeps track of the total amount of derivatives-based Bitcoin positions that are currently open on all centralized exchanges. Related Reading: XRP Forms On-Chain Signal That Led To 16% Crash Last Time When the value of this indicator goes up, it means that the investors are opening up more positions on the market right now. Generally, the total leverage in the market rises when such a trend takes place, so the price of the asset could end up turning more volatile following it. On the other hand, a decline in the metric suggests users are either closing up their [...]

Crypto analyst Ali Martinez has revealed that it may still be an excellent time to accumulate Bitcoin. This comes amidst the flagship crypto’s recent price recovery, with the crypto token skyrocketing above $64,000.  Bitcoin Is Still In A “Prime Buy Zone” Martinez mentioned in an X (formerly Twitter) post that Bitcoin’s Market Value to Realized Value (MVRV) 90-day ratio indicates that it is still in a “prime buy zone” despite its recent price surge from $57,000 to $64,000. The MVRV is a metric used to determine whether a crypto token is undervalued or overvalued.  Related Reading: Cardano Comeback: Analyst Reveals Why It’s Time To Get Back Into ADA   Source: X Based on Martinez’s findings, Bitcoin looks to be currently undervalued, which presents a good opportunity to accumulate the crypto token. The analyst’s revelation undoubtedly provides reassurance for those who failed to buy the dip and are looking for a perfect entry to invest in Bitcoin.  Interestingly, Bitcoin whales didn’t [...]

In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes do not originate from genuine users, according to a new metric co-developed by Visa. Stablecoin Market Faces Data Reality Visa and Allium Labs have created a dashboard designed to filter out transactions initiated by bots and large-scale traders to isolate those made by real individuals. Out of approximately $2.2 trillion in total transactions recorded in April, a mere $149 billion was identified as “organic payments activity” by Visa. The data challenges the optimistic outlook of stablecoin proponents who believe these tokens can transform the $150 trillion payments industry.  Related Reading: 900 Million Telegram Users Send TON Token Soaring 15% – Details Fintech giants such as PayPal Inc. and Stripe Inc. have been exploring stablecoins, with Stripe co-founder John Collison expressing bullishness on the tokens due to “technical improvements.”  Pranav Sood, the executive general [...]

Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.

Broader market uptrends and Charles Hoskinson's proposal to partner with Bitcoin Cash are boosting Cardano prices at the start of this week.

Smart contracts platform Avalanche (AVAX) is generating excitement in the crypto community with a potential breakout signal. Prominent analyst World of Chart has identified a bullish technical pattern that could propel AVAX prices significantly higher in the coming days. Related Reading: PEPE Primed For A Big Leap: 80% Price Increase Incoming? Falling Wedge Pattern Hints At Upside World of Chart points to the presence of a “falling wedge” pattern on AVAX’s price chart. This pattern typically forms during a consolidation phase, with price action confined between two converging trendlines that slope downwards. $Avax Forming Falling Wedge Incase Of Breakout Expecting Upside Continuation Successful Breakout Can Lead Massive Rally In Coming Days#Crypto #Avax pic.twitter.com/YJHJYarrSw — World Of Charts (@WorldOfCharts1) May 5, 2024 The key aspect of this pattern lies in the diminishing price range within the wedge, suggesting a buildup of buying pressure. A breakout from the upper [...]

USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?

The SEC is planning to file an “enforcement action” against Robinhood’s cryptocurrency business, according to the Wells notice.

DLT Finance to provide innovative and tailored crypto products to German clients. The post Kraken expands European footprint with German strategic partnership appeared first on Kraken Blog.

Bitcoin’s price movement on May 6, 2024, showcases a complex dance of volatility and potential, captured vividly across various time frames and technical indicators. With an intraday range swinging from $63,657 to $65,489, traders grapple with a trading landscape rife with both uncertainty and opportunity. As oscillators mostly suggest neutrality with glimpses of buying strength, […]

The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss electricity usage in cryptocurrency mining with the Kenyan Energy Ministry. Kenya’s Policy Shift Kenyan President William Ruto recently announced that his […]

Runes recovered to account for the lion’s share of transactions on the Bitcoin network.