Recently, the Royal Government of Bhutan made headlines by depositing 929 Bitcoin (BTC) into the Binance crypto exchange, a move that highlighted the country’s growing involvement in cryptocurrencies. This strategic transfer of assets was particularly noteworthy as it occurred shortly after Bitcoin’s price surpassed $70,000 for the first time since early June. Lookonchain, referencing Arkham
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Ethereum (ETH), the leading smart contract platform, is currently navigating a pivotal moment in its price trajectory. After finding support around the $2,400 mark, Ethereum has made attempts to surge back towards local highs, with analysts watching closely to see if this momentum will materialize into a breakout. The insights provided by analyst Ali Martinez
In a recent turn of events that has rocked the world of cryptocurrency investment, DWF Labs, a prominent venture capital firm known for its focus on crypto assets, has found itself embroiled in serious allegations concerning an inappropriate incident at a corporate gathering in Hong Kong. A venture capitalist who goes by the name “Hana”
The cryptocurrency market has often been characterized by its volatility, with Bitcoin frequently at the forefront of this upheaval. Recently, Bitcoin has experienced a remarkable upswing, crossing the significant threshold of $73,000. This movement has garnered attention from both seasoned investors and casual observers alike, stirring up hope and speculation about the potential for further
Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, has witnessed a remarkable upswing recently, reflecting the ongoing bullish sentiments permeating the broader cryptocurrency landscape. Within just 24 hours, SHIB reached a peak price of $0.00001957, marking its highest level in a month. Even though it later retraced slightly to $0.0000189—according to CoinGecko data—it
In a significant development for cryptocurrency enthusiasts, Visa has announced a partnership with Coinbase aimed at introducing instant deposit services for users with eligible debit cards. This collaboration, revealed on October 29, marks a noteworthy advancement in how consumers can engage with digital currencies, enhancing the overall user experience. Cuy Sheffield, Visa’s Head of Crypto,
Recent data reveals a remarkable influx of institutional investment into Bitcoin Exchange-Traded Funds (ETFs), spearheaded by the BlackRock iShares Bitcoin Trust (IBIT). On October 29, the fund experienced inflows totaling $642.9 million, marking the most substantial single-day movement since March 12. This surge propelled the overall net inflows across all Bitcoin funds to $870.1 million,
In the ever-evolving cryptocurrency landscape, Bitcoin has demonstrated a noteworthy revival, reclaiming a crucial price point exceeding $70,000. After a prolonged phase of stagnation just under this threshold, recent trends indicate a renewed excitement surrounding the cryptocurrency. As of the latest data, Bitcoin’s value has recently spiked to nearly $71,933, reflecting a significant increase of
The surge of Telegram games and airdrops marks a significant shift in the landscape of cryptocurrency and online gaming. Discord and Telegram have provided platforms for communities to gather and collaborate, and now they are evolving into engines of engagement and revenue where easy-to-play games generate not just enjoyment, but tangible rewards in the form
In recent weeks, Bitcoin has experienced a remarkable shift in its market position, breaking free from a persistent seven-month descending broadening wedge pattern. This change has drawn considerable attention from crypto analysts, particularly Gert van Lagen, who suggests that this breakout could mark the beginning of a significant upward momentum for Bitcoin, potentially pushing its
In a bold open letter addressed to Vice President Kamala Harris and former President Donald Trump, Charles Cascarilla, CEO and co-founder of Paxos, presented a ringing alarm about the future of America’s financial dominion. He argues that embracing digital assets and updating antiquated financial regulations are fundamental for preserving the United States’ standing in global
Bitcoin’s recent bustling activity has triggered a wave of optimism among market participants, as the cryptocurrency inches closer to its remarkable peak of $73,811. Following an inspiring recovery from significant lows, Bitcoin has demonstrated notable resilience, suggesting that a breakout might be imminent. This positive trend provokes a critical inquiry: Are we on the brink
Cryptocurrency exchange Gemini’s recent announcement regarding its receipt of in-principle approval from the Monetary Authority of Singapore (MAS) signals a pivotal moment for the company and the broader digital asset market. According to a statement released on October 29, Gemini aims to enhance its footprint in Asia-Pacific by providing cross-border money transfer and digital payment
The cryptocurrency market has shown remarkable volatility in recent days, particularly with Bitcoin’s price fluctuations that have drawn traders’ attention. After experiencing a dramatic drop over the weekend, where it plummeted from a peak of over $69,500 to around $65,000 within a few days, Bitcoin has rebounded impressively. As of now, Bitcoin is trading above