Crypto news

Litecoin started a downside correction from the $105 zone against the US Dollar. LTC price is now trading above $85 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $94.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $90 support. Litecoin price is correcting gains from $105.00 against the US Dollar, like Bitcoin. LTC price could...

TL;DR Coinbase has expanded its offerings to include nearly a dozen new digital assets exclusively for a certain group of users. Some of the affected cryptocurrencies have launched a rally, aligning with the overall bullishness in the market. One of the biggest cryptocurrency exchanges – Coinbase – announced that users could start dealing with nearly a dozen digital assets, such as Voxies (VOXEL), Celestia (TIA), Hivemapper (HONEY), Velo (VELO), and more. It is important to...

Coinbase announced on Tuesday its intention to raise $1 billion through a convertible bond offering available exclusively to qualified institutional buyers. The company intends to use the proceeds from this offering for various corporate purposes, including debt repayment and general operational expenses. Debt Repayment and Strategic Hedging The notes, maturing on April 1, 2030, will be senior, unsecured obligations of Coinbase, accruing interest payable semi-annually. They...

MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has announced another senior note offering for $500 million, with which proceeds will be used to purchase even more Bitcoin. At current prices, the next purchase is expected to take the company’s holdings beyond 210,000 coins – over 1% of the entire Bitcoin supply that will ever exist. Per the company’s announcement on Wednesday, the convertible notes are due for repayment in 2031. Their interest rate and...

TL;DR The cryptocurrency market, particularly the meme coins niche, has seen notable growth as of late. Predictions suggest a specific meme coin could lead the next bull run, driven by strong investor loyalty. The cryptocurrency market has been booming lately, with numerous leading digital assets (such as Bitcoin) tapping new all-time high prices. One particular niche has dragged even more attention, and that is the meme coin realm. Tokens of that type, including Shiba Inu...

In a recent development in the continuing legal situation involving Changpeng Zhao, the ex-CEO of Binance, the United States has instructed him to surrender all his active or expired passports to a designated third party. This directive was revealed in a legal filing submitted on March 12, changing Zhao’s bond conditions for release. Travel Restrictions and Bans According to the filing, United States District Judge A. Jones, presiding over the case, has stipulated that Zhao...

[PRESS RELEASE – Road Town, British Virgin Islands, March 13th, 2024] Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is thrilled to announce its strategic partnership with BitGo, the industry’s leading secure qualified institutional custodian. This collaboration marks a significant leap forward in securing and democratizing access to blockchain technologies for users worldwide as...

Bitwise CIO Matt Hougan is spreading the word about his company’s Bitcoin spot ETF to potential investors, and has discovered how the digital currency is being perceived by finance pros. “I am no longer surprised at the size of the inflows into the Bitcoin ETFs,” Hougan wrote to X on Wednesday, noting high demand among professional investors. “The demand is widespread and strong, and will persist for a while.” What Financial Advisors Think Of Bitcoin Since launching on...

Cryptocurrency prices seem to be the talk all throughout. Bitcoin has been performing well hitting its new all-time high by crossing $72,000 this week. But there’s another coin that seems to be rising to fame. Why are Cryptocurrency Prices up? The inflow of Bitcoin’s ETF has crossed the $500M mark indicating some great interest by the general population that may have missed out on the market earlier. The surge in the price of Bitcoin was followed by other coins...

Listen up, crypto hodlers! We’re about to take a mind-bending journey into one of the most staggering wealth creation stories in recent times from a blockchain coin. It’s a tale of how a measly $100 investment in a rather unknown blockchain coin could have transformed into an astonishing fortune beyond your wildest dreams as of today. The coin in question? Bitgert – the raging blockchain project that’s been setting the internet ablaze with tales of investment...