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Crypto Expert Releases List Of Top 10 Altcoins To Buy For Maximum Profit In The Bull Market
Crypto Expert Releases List Of Top 10 Altcoins To Buy For Maximum Profit In The Bull Market
04.04.2024 21:00
Crypto expert Michaël van de Poppe has repeatedly stated that altcoins are still greatly undervalued heading into this bull run. Now, he has published a list of altcoins that he believes can provide investors with maximum returns.  Chainlink Is Top Of The List In an X (formerly Twitter) post, Van de Poppe listed Chainlink (LINK) as the number one altcoin he believes has so much potential. He explained that Chainlink’s valuation is currently at a cycle low and has dropped by 40% since its recent peak. As such, this decline presents a “massive opportunity” since LINK is still likely to make more moves to the upside.  Related Reading: Analysts Say XRP Price Is Ready To Breakout, Here Are The Targets The second altcoin that Van de Poppe listed is Celestia (TIA). He noted that TIA is a relatively new project and would likely be a “massive gainer” in this market cycle. Considering that TIA is currently down 61% from its recent peak, the crypto expert claims this is a “giant opportunity” for [...]
newsbtc.com
#altcoin #altcoin news #altcoins #altcoins news #crypto #crypto expert #crypto news #expert
Galaxy Digital to Debut $100 Million Crypto Fund Initiative
Galaxy Digital to Debut $100 Million Crypto Fund Initiative
04.04.2024 20:29
Galaxy Digital, a cryptocurrency venture capital firm, is in talks with third parties to launch its first cooperative crypto investment fund. The fund, called Galaxy Ventures Fund I, LP, will focus on crypto projects still in their early stages and is seeking to raise and allocate $100 million to 30 startups over the next three […]
bitcoin.com
#crypto #crypto funds #cryptocurrency #finance #galaxy digital #venture capital
Banks Seek to Purchase Bitcoin Directly From BTC Mining Firm Hut 8, Says CEO 
Banks Seek to Purchase Bitcoin Directly From BTC Mining Firm Hut 8, Says CEO 
04.04.2024 19:40
Per the CEO of Hut 8, a bitcoin mining company listed on the Toronto stock exchange, major financial institutions have made inquiries to purchase bitcoin directly from the firm. Additionally, the Hut 8 executive emphasized the forthcoming halving event’s “big impact,” noting a surge in demand juxtaposed with a reduction in available bitcoins. Financial Giants […]
bitcoin.com
#bitcoin #bitcoin (btc) #bitcoin miner #crypto #cryptocurrency #demand #finance #halving #hut 8
Bitcoin Short-Term Holders Capitulate: $5.2 Billion Sold At Loss
Bitcoin Short-Term Holders Capitulate: $5.2 Billion Sold At Loss
04.04.2024 19:30
On-chain data shows the recent Bitcoin drawdown has shaken up the short-term holders, leading them to make large exchange deposits at a loss. Bitcoin Short-Term Holders Have Transferred Huge Volume In Loss To Exchanges As analyst James Van Straten pointed out in a post on X, the BTC short-term holders have recently participated in a large amount of loss-taking. The “short-term holders” (STHs) are the Bitcoin investors who bought their coins within the past 155 days. The STHs make up one of the two main divisions of the BTC market, which is done on the basis of holding time, with the other cohort being known as the long-term holders (LTHs). Related Reading: Bitcoin Traders No Longer Extremely Greedy: Rebound Signal? Statistically, the longer an investor holds onto their coins, the less likely they become to sell them at any point. As such, the STHs would reflect the weak-minded side of the market, while the LTHs would be the persistent diamond hands. Given their fickle nature, the STHs [...]
newsbtc.com
#bitcoin #bitcoin capitulation #bitcoin loss #bitcoin loss selling #bitcoin news #bitcoin selling #bitcoin selloff #bitcoin short-term holders #btc #btcusd
UBXS: Illuminating the RWA Category – a Leading Trend in the Crypto Sector
UBXS: Illuminating the RWA Category – a Leading Trend in the Crypto Sector
04.04.2024 19:00
PRESS RELEASE. UBXS, the token of Bixos, a groundbreaking Real World Asset (RWA) project designed to revolutionize the crypto industry and bridge the gap between traditional finance and the blockchain ecosystem, has attracted attention with a 500% increase in the latest RWA frenzy, according to CMC data. This data indicates that UBXS crypto investors consider […]
bitcoin.com
#press release
Paypal Integrates PYUSD for International Transfers on Xoom
Paypal Integrates PYUSD for International Transfers on Xoom
04.04.2024 18:38
On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting international cross-border transactions. Beginning on April 4, this feature was made accessible to users in the U.S., enabling them to transfer PYUSD to beneficiaries across roughly 160 countries worldwide. Paypal’s Xoom Adds PYUSD Cross-Border Transfers […]
bitcoin.com
#altcoins #crypto #cryptocurrency #curve.finance #paypal #paypal usd #pyusd #stablecoins
Injective Whales Go On $24.8 Million Buying Spree, Is This The Next Solana?
Injective Whales Go On $24.8 Million Buying Spree, Is This The Next Solana?
04.04.2024 18:00
Injective (INJ) may be on the brink of a potential price surge following a recent wave of accumulation by crypto whales. This would undoubtedly be a much-needed relief for the INJ token, which has dipped significantly in the last seven days.  Crypto Whales Buy $24.8 Million Worth Of INJ Data from the market intelligence platform Santiment shows that Whale Addresses recently bought $24.8 million worth of INJ, bringing their total holdings to 10.69 million INJ. This purchase is significant considering the impact that crypto whales have on the market. As such, a purchase of such magnitude could provide a much-needed boost to INJ’s price.  Related Reading: Crypto Expert Encourages Investors To Buy The Dip As Bitcoin Price Falls To $64,000 Injective, like the broader crypto market, has been on a steady decline over the last week, dropping by over 14% during that period. The crypto token has also suffered a reversal of fortune, as it currently has a year-to-date (YTD) decline of over 9%. [...]
newsbtc.com
#inj #inj news #inj price #injective #injective news #injective price #injusd #injusdt #sol #sol news #solana #solana news
$900 Billion DWS Launches Physical Bitcoin ETC In Germany
$900 Billion DWS Launches Physical Bitcoin ETC In Germany
04.04.2024 17:48
Germany joins the US and Great Britain in launching a new physically backed Bitcoin product this year.
bitcoinmagazine.com
#bitcoin #deutsche börse #dws #etc #germany #markets #news
Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles
Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles
04.04.2024 17:42
In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions by May 18, 2024. Binance NFT Marketplace to End Ordinal […]
bitcoin.com
#binance #binance nft #bitcoin nfts #news #non-fungible tokens #ordinal inscriptions #ordinals
Ethereum L2s Growth: VanEck Eyes $1 Trillion Market Cap As ETH Stalls
Ethereum L2s Growth: VanEck Eyes $1 Trillion Market Cap As ETH Stalls
04.04.2024 17:00
Banking behemoth VanEck has valued Ethereum Layer-2 (L2) solutions at an astounding $1 trillion in a daring prediction, emphasizing the critical role that efficiency gains and scalability improvements will play in the development of blockchain technology. Ethereum Layer 2s Poised For Significant Increase In Valuation According to VanEck researchers, Ethereum Layer 2 scaling networks are expected to soar to the aforementioned market valuation by 2030. Leading the comprehensive prediction were Patrick Bush, the senior investment analyst at VanEck, and Matthew Sigel, the head of digital research. Related Reading: Ethereum Layer 2 Networks Just Set A New Record Specifically, the bold forecast was carried out while evaluating Ethereum Layer 2s in five distinct important areas. These include Layer 2s transaction pricing, developer experience, user experience, trust assumptions, and L2s ecosystem size. In addition, it was made by first assessing the amount of assets in the Ethereum ecosystem [...]
newsbtc.com
#eth #ethereum #ethereum layer 2 solutions #ethusd #ethusdt #optimistic roll-ups #orus #vaneck #zero-knowledge roll-ups #zkus
Coinbase Receives Official Registration as Canadian Restricted Dealer
Coinbase Receives Official Registration as Canadian Restricted Dealer
04.04.2024 16:48
Coinbase, the international cryptocurrency exchange, has achieved a milestone in its expansion efforts by becoming officially registered as a restricted dealer by the Canadian Securities Administrators. With this development, Coinbase has become the first international cryptocurrency exchange to be registered in Canada.Compliance Highlighted amid Canadian Registration ProcessThe registration process, which has been in progress since March 2023, underscores Coinbase's focus on regulatory compliance. Through close collaboration with Canadian regulators, Coinbase has worked to establish a policy framework.Coinbase's CEO, Brian Armstrong, expressed appreciation for the efforts of Canadian regulators in bringing clarity to the cryptocurrency market. Additionally, Coinbase has engaged with Canadian banks, investment advisors, and pension funds to facilitate their successful navigation of the evolving digital asset landscape.A recent survey conducted by Coinbase in partnership with Angus [...]
financemagnates.com
#canada #coinbase #cryptocurrency
Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum Ecosystems
Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum Ecosystems
04.04.2024 16:33
Blockchain solutions company Ripple has unveiled its strategy to launch a stablecoin pegged to the U.S. dollar, aiming to boost liquidity on the XRP Ledger. Ripple Set to Introduce U.S. Dollar-Linked Stablecoin, Aiming for Wider Crypto Adoption In a statement released on Thursday, Ripple revealed its intention to introduce a stablecoin token linked to the […]
bitcoin.com
#altcoins #brad garlinghouse #circle #jeremy allaire #ripple #ripple ceo #ripple stablecoin #stablecoin #stablecoins #usd token #usdc
Ripple Prepares To Shake Up $150B Market With Imminent Launch Of New Stablecoin
Ripple Prepares To Shake Up $150B Market With Imminent Launch Of New Stablecoin
04.04.2024 16:15
In a notable development, blockchain developer Ripple Labs recently announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD).  Ripple Enters Booming Stablecoin Market According to the company’s announcement on Thursday, the stablecoin’s reserves will consist of US dollar deposits, short-term US Treasury bills, and other undisclosed cash equivalents. All of these will be audited by a third-party accounting firm. Ripple plans to publish monthly certifications to ensure transparency. With the stablecoin market currently valued at around $150 billion, Ripple’s entry is significant. The market is projected to exceed $2.8 trillion by 2028, highlighting the potential for growth and adoption.  Related Reading: XRP Battle Cry: Must Rally 70% To Reconquer $1 Peak After Market Turmoil Ripple CEO Brad Garlinghouse emphasized the importance of partnerships with compliant, crypto-native players for success in this space. He highlighted Ripple’s track record in launching new [...]
newsbtc.com
#breaking news ticker #eth #ethereum #latest ripple news #ripple #ripple adoption #ripple labs #ripple labs inc. #ripple labs news #ripple labs technology #ripple news #stablecoin #xrpl news #xrpusd #xrpusd price #xrpusdt
Trouble Ahead? Binance Coin Futures Market Under Pressure With Negative Funding Rates
Trouble Ahead? Binance Coin Futures Market Under Pressure With Negative Funding Rates
04.04.2024 16:00
The outlook for Binance Coin (BNB) has turned cloudy, with both futures market data and technical indicators flashing bearish signals. Based on our analysis of Coinglass data, negative funding rates and declining open interest in BNB futures contracts paint a picture of growing pessimism among traders. Related Reading: XRP Battle Cry: Must Rally 70% To Reconquer $1 Peak After Market Turmoil A negative funding rate suggests that more traders are holding short positions, anticipating a decline in the price of the asset. This sentiment was confirmed on April 1st, when BNB’s funding rate dipped into negative territory at -0.012%. Binance Coin Funding Rate And Open Interest Down Further fueling the bearish narrative, BNB’s futures open interest has also witnessed a slight decline of 0.15%. Open interest reflects the total amount of outstanding futures contracts that haven’t been settled yet. A decrease in open interest suggests traders are exiting their positions without opening new ones, [...]
newsbtc.com
#altcoin #binance coin #bnb #crypto #cryptocurrency market news
10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply
10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply
04.04.2024 15:37
On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) saw a modest uptick in positive inflows, amassing a total of $113.5 million across a trading volume of $2.31 billion. The group of ten spot bitcoin ETFs, excluding Grayscale’s Bitcoin Trust GBTC, now encompasses 507,472.89 BTC or 2.57% of the total circulating supply of 19.67 million […]
bitcoin.com
#bitcoin (btc) #bitcoin etf #bitwise #blackrock #crypto #cryptocurrency #fidelity #finance #franklin templeton #spot bitcoin etfs #vaneck
Report: Morgan Stanley 'Racing' to Offer Bitcoin ETFs to All Clients
Report: Morgan Stanley 'Racing' to Offer Bitcoin ETFs to All Clients
04.04.2024 15:33
Morgan Stanley is racing to become the first major U.S. bank to fully approve Bitcoin ETF trading, a pivotal move for Bitcoin adoption.
bitcoinmagazine.com
#business
Ripple's USD-Pegged Stablecoin Initiative Targets Rising Market Demand
Ripple's USD-Pegged Stablecoin Initiative Targets Rising Market Demand
04.04.2024 15:31
Ripple, known for its enterprise-grade blockchain solutions, has announced its intention to introduce a stablecoin pegged 1:1 to the US dollar. This revelation comes as the demand for stablecoins showcasing reliability, trust, and utility continues to surge. Entering Stablecoin Market amidst Projected Industry GrowthThe upcoming stablecoin from Ripple will be fully backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. To ensure transparency and accountability, these reserve assets will undergo regular audits conducted by a reputable third-party accounting firm. Furthermore, Ripple pledges to provide monthly attestations of these assets."This is a natural step for Ripple to continue bridging the gap between traditional finance and crypto,” Brad Garlinghouse, Ripple's CEO, said. “Institutions entering this space are finding success by partnering with compliant, crypto-native players and Ripple's track record and resiliency speaks for itself, as [...]
financemagnates.com
#crypto #cryptocurrency #ripple #stablecoin #stablecoins
Fantom Supply On Exchanges See Drastic Increase, A Cause For Alarm?
Fantom Supply On Exchanges See Drastic Increase, A Cause For Alarm?
04.04.2024 15:00
The Fantom (FTM) supply on exchanges has been rising in recent times, leading to speculations for what this might mean for the price of the cryptocurrency. Going by trends in the crypto market of when the exchange balances of a particular coin goes up, there might be some pain ahead for FTM investors. Fantom Supply On Exchanges Rise By 16 Million The Fantom price had increased over the last month to reach a new three-year high above $1.2. However, this rally was only short-lived and the altcoin has begun to eliminate its gains from the month of March gradually in the past week. Related Reading: Shiba Inu To Rally 100% To $0.000062? Analyst Reveals Why This Is Possible One culprit for this decline in price is the high level of selling that have been taken place among FTM holders, majority of which have been holding their coins for a rather long time. As a result, the available supply of Fantom on centralized exchanges continued to balloon as investors rush to sell off their tokens and [...]
newsbtc.com
#fantom #fantom #fantom exchanges #fantom news #fantom price #ftm #ftm exchanges #ftm news #ftm price #ftmusd #ftmusdt
Decentralization and Localized Manufacturing: Bitcoin, AI and 3D printing
Decentralization and Localized Manufacturing: Bitcoin, AI and 3D printing
04.04.2024 15:00
A look at the similarities between AI, 3D printing, and Bitcoin in terms of their disruptive potential as decentralized technologies.
bitcoinmagazine.com
#3d printing #ai #bitcoin #opinion #technical
Debt From Above: The Carbon Credit Coup
Debt From Above: The Carbon Credit Coup
04.04.2024 14:35
Latin America is quietly being forced into a carbon market scheme through regional contractual obligations – enforced by the satellites of a US intelligence-linked firm – which seeks to create an inter-continental "smart grid," erode national and local sovereignty, and link carbon-based life to the debt-based monetary system via a Bitcoin sidechain.
bitcoinmagazine.com
#carbon credits #government #markets #rootstock #satellite #stablecoins
Bitcoin Cash Demonstrates Resilience With Price Increase Post-Halving
Bitcoin Cash Demonstrates Resilience With Price Increase Post-Halving
04.04.2024 14:30
Bitcoin Cash (BCH) experienced a notable fluctuation in its value surrounding its most recent block reward halving, initially dropping to $565 just before the halving but later recovering to around $676, marking an 11% increase for the day and nearly 20% for the week. The halving event, which reduced the reward for Bitcoin Cash miners […]
bitcoin.com
#bitcoin cash #crypto #cryptocurrencies #halving #mining rewards #news bytes
US Govt Moves $90 Million in Bitcoin, ETH From Estonian Scammers
US Govt Moves $90 Million in Bitcoin, ETH From Estonian Scammers
04.04.2024 14:00
In the early US hours, Arkham Intelligence reported that the United States government had transferred over $90 million worth of Bitcoin and Ethereum, previously seized from two Estonian nationals involved in a vast cryptocurrency fraud and money laundering scheme. This move captured the attention of the cryptocurrency community, just days after the transfer of approximately $2 billion in Bitcoin related to the infamous Silk Road marketplace. Arkham Intel, utilizing its advanced tracking technology, noted that just two hours ago, the US government executed multiple transactions involving the seized digital assets. These included the transfer of 0.69 BTC, worth approximately $45.750, and another 374 BTC, valued at around $24.80 million, to a newly identified Bitcoin address (3GoRwyQvAJhX3conyuq355JiBD9FyfXAQe). Additionally, 218.5 BTC, worth $14.49 million, were also moved to the same address, along with 4.567K ETH, equating to $15.21 million. Just minutes prior to press time,  another [...]
newsbtc.com
#bitcoin #bitcoin news #breaking news ticker #btc #crypto news #cryptocurrency market news #eth #ethereum #us givt #us government bitcoin
Binance Establishes Its First Board of Directors, Remains Without Global Headquarters
Binance Establishes Its First Board of Directors, Remains Without Global Headquarters
04.04.2024 13:33
After years of operating without a board, Binance recently established its first board of directors, chaired by a former diplomat from Barbados. The cryptocurrency exchange still lacks a global headquarters. Some critics argue that the board members do not possess the necessary experience for an organization like Binance. Binance Remains Without Global Headquarters Binance recently […]
bitcoin.com
#binance #corporate governance #crypto #crypto exchanges #cryptocurrency #exchanges
Franklin Templeton: Ordinals Driving 'Renaissance' in Bitcoin Innovation
Franklin Templeton: Ordinals Driving 'Renaissance' in Bitcoin Innovation
04.04.2024 13:30
Financial services giant Franklin Templeton sees Bitcoin undergoing a renaissance of innovation driven by ordinals, layer 2s, and new protocol standards.
bitcoinmagazine.com
#business
Lumerin and Quai Announce Strategic Collaboration to Enable On-Chain Compute Power Trading
Lumerin and Quai Announce Strategic Collaboration to Enable On-Chain Compute Power Trading
04.04.2024 13:00
PRESS RELEASE. Chicago, IL — April 4, 2024 — Lumerin, a pioneer in the decentralized Bitcoin mining marketplace, and Quai, a groundbreaking Layer-1 crypto network for the global and compute economies, proudly announce a strategic alliance aimed at expanding access to Bitcoin mining. This collaboration seeks to combine Lumerin’s expertise in decentralized data stream routing […]
bitcoin.com
#press release
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