“Bitcoin is two days away from exiting its post-halving ‘danger zone’,” Cointelegraph reports, citing multiple analysts. An unnamed crypto trader at Rekt Capital said: “BTC has tended to fall for weeks after halving, with two days left in the danger zone. Even after this halving, BTC touched the...
MAGA, a meme coin themed after former US President Donald Trump, surged 78% on Monday (local time) after the Republican presidential candidate made cryptocurrency-related comments. On August 8, Trump answered “yes” to a question at a dinner he hosted in Florida when asked if his campaign could...
Bithumb has announced that it will prepay the 40 billion won tax penalty imposed on Bithumb Airdrop users by South Korea's National Tax Service. “Bithumb will cover not only the KRW 20.2 billion won in taxes that have already been paid, but also the approximately 19 billion won in taxes that will...
Lark Davis, a well-known Bitcoin investor and analyst with nearly 1.1 million followers on X (formerly Twitter), tweeted, “I expect the Hong Kong BTC and ETH spot ETFs to be fully open to mainland Chinese soon. For the past three years, the big players in all Hong Kong ETFs have been Chinese...
Ethereum (ETH) creator Vitalik Buterin has endorsed a major overhaul to address the limitations of the current gas fee system, Cryptopolitan reported on Monday (Nov. 9). According to the report, Ethereum currently uses a unified system where various computational efforts such as transactions,...
“Bitcoin's -20.3% correction from its all-time high near $73,000 marks the largest correction since the November 2022 FTX low,” on-chain analytics firm Glassnode reported via Official X. “However, the current macro uptrend is historically resilient. However, the current macro uptrend remains the...
Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose 11 points from the previous day to 66. The greed phase continued with improved sentiment. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100...
E-Mart 24, a convenience store, has partnered with Bithumb, South Korea's leading cryptocurrency exchange, to sell “Bitcoin Lunch Boxes” starting on the 8th (local time). The price is KRW 5900 ($4.2) in Korean won. The Bitcoin LunchBox comes with a coupon that can be used to receive up to KRW...
According to BeInCrypto, the volume of OpenSea trading on the NFT market is the lowest in three years. It is around 600 ETH per day. The April sales volume represented $97 million, down 99.1% from the May 2022 peak. BLUR, on the other hand, recorded a 78.7% share of NFT trading last week. OpenSea...
K33 Research Senior Analyst Vetle Lunde said that the potential $10.5 billion worth of crypto selling pressure from Mt. Gox and Gemini is weighing on the market. The amount of BTC that Mt. Gox and Gemini owe back to their users is 141,000 BTC and 27,600 BTC, respectively. Combined, that's roughly...
Grayscale CEO Michael Sonnenshein said at a London event organized by the Financial Times (FT) that the company plans to focus its energy on Ethereum spot products, according to DL News. “We're going to focus on converting the Ethereum Trust into a spot ETF. This is our DNA and core,” he said....
Cointelegraph, a leading cryptocurrency media outlet, has outlined three key industry trends to watch for before the crypto bull market resumes Combining artificial intelligence (AI) and blockchain technology. A number of projects are currently trying to innovate at the intersection of blockchain...
