Crypto news

CoinspeakerForbes Names Crypto Firms Chainalysis, Fireblocks, and Gauntlet among Top 50 Fintech Companies of 2024 Forbes' recognition of Chainalysis, Fireblocks, and Gauntlet underscores the growing significance of cryptocurrency and blockchain technology. Forbes Names Crypto Firms Chainalysis, Fireblocks, and Gauntlet among Top 50 Fintech Companies of 2024

CoinspeakerStarknet (STRK) Token Holders Could Earn 12% Annually The timing of Starknet's STRK token airdrop coincides with a broader trend of token distributions within the crypto space. Starknet (STRK) Token Holders Could Earn 12% Annually

Solana price started a downside correction from the $115 zone against the US Dollar. The price is now trading above $102 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $109 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $109 and $106 support levels to start another increase. Solana price is trading above $106 against the US Dollar, like Bitcoin. SOL is...

Bitcoin price started a downside correction from the $50,450 zone against the US Dollar. The price is now trading above $46,500 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $49,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $48,500 support zone. Bitcoin price is correcting lower below $49,800 against the US Dollar. BTC might...

The seventh day of the COPA v. Wright trial kicked off on Tuesday, exposing a glaring weakness in the latter’s argument to convince the court that he is the creator of Bitcoin. When pressed by prosecutors, Craig Wright failed to name a single person outside of the public domain to whom he had sent Bitcoin under the name of Satoshi. Who Did Satoshi Send Bitcoin To? As summarized by @bitnorbert on X, COPA asked the computer scientist to confirm whether he’d ever sent BTC to...

Founders Fund, the venture capital enterprise founded by billionaire Peter Thiel, is reportedly reinvesting in Bitcoin and Ether, as per reports. This move by the San Francisco-based venture capital firm, which has roughly $12 billion in total assets under management as of 2023, marks a resurgence of Silicon Valley’s interest in the crypto market. Silicon Valley’s Crypto Comeback According to sources familiar to Reuters, Founders Fund dedicated $200 million in the past year...

Michael Saylor, MicroStrategy’s co-founder and executive chairman, said in a recent interview that the demand for Bitcoin coming from the recently listed spot Bitcoin exchange-traded funds (ETFs) is tenfold the supply available from natural sellers, who are miners. Saylor believes the ETFs are supporting the surge in the Bitcoin price since there is an imbalance in the crypto’s supply. Demand for Bitcoin Products is 10x the Supply In an interview with CNBC, Saylor noted that...

Cathie Wood, founder of ARK Investment Management, has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) stance on approving spot exchange-traded funds (ETFs) following cryptocurrencies beyond Bitcoin and Ethereum. Wood’s sentiment was echoed in her recent remarks on WSJ’s Take On the Week podcast: “We’d be surprised to see anything but Bitcoin and Ether being approved by the SEC.” Franklin Templeton Joins the ETF Race This sentiment follows...

The Crypto Fear and Greed Index, a tracking tool for market sentiment in crypto, has surged as high as 79 out of 100, hitting a level not seen since Bitcoin peaked at $69,000 in November 2021. The increase, observed on February 13, comes as Bitcoin surpassed the $50,000 mark a day earlier. Crypto Fear and Greed Index Hits ‘Extreme Greed’ For the first time in more than two years, the Crypto Fear and Greed Index is in the “extreme greed” zone, which happens when the value of...

Bitcoin’s price has finally created a new higher high, following weeks of consolidation and correction. This has caused many investors to believe that a new all-time high will be created in the upcoming months. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has broken above the key $48K resistance level after a previous rejection. Bitcoin is currently targeting the $52K resistance level in the short term. Meanwhile, the Relative Strength...