Crypto news

Ripple price started a downside correction from the $0.740 zone against the US dollar. The price is now trading below $0.660 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.620 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.580. Ripple price is consolidating near $0.600 against the US Dollar, like Bitcoin. XRP price...

Bitcoin mining firm Core Scientific announced that total revenue for fiscal year 2023 amounted to $502.4 million, reflecting a decrease of $137.9 million or 22% from the $640.3 million recorded in the previous year. Core Scientific said that it had successfully mined 19,274 BTC (valued at approximately $1.4 billion) during 2023 despite undergoing bankruptcy. Core Scientific Reports Revenue Fall According to the official press release, the decline in total revenue stemmed...

The NFTFN presale is live right now, with its token priced at a highly attractive $0.025. Its potential is endless, and it is expected to be the top gainer out of all altcoins this season. Investors and experts alike are touting its project’s utility as the reason why. Read on to understand why bagging the NFTFN token now can be a once-in-a-lifetime moment for crypto enthusiasts. What is NFTFN? NFTFN emerges as a pioneering platform to ease NFT trading for...

Following his arrest nearly three years ago, a Jury in a US federal district court found Roman Sterlingov, operator of the crypto mixer Bitcoin Fog, guilty of a four-count charge regarding money laundering. The founder of Bitcoin Fog faces up to a maximum of 50 years in prison for all his charges. Sterlingov Convicted According to a press release on March 12, the jury declared Roman Sterlingov guilty of money laundering conspiracy and sting money laundering. The 35-year-old...

In the past few days, Bitcoin (BTC) has fallen from its newly recorded highs to levels not seen in a week, triggering millions in liquidations. Analysts have revealed that the Coinbase Bitcoin Premium Index flashed a bearish signal before BTC slumped. According to an analysis by CryptoQuant, the Coinbase Premium Index dipped below 0.05 some hours before the price of BTC fell more than 7% to $66,000 on Friday and even further on Sunday. Coinbase Premium Flashes Bearish Signal...

Despite the most recent retracements in the crypto markets, the overall trend in the past several months has been quite bullish, leading to a new all-time high for Bitcoin and a multi-year peak for Ethereum. Consequently, their market capitalizations increased as well a lot lately and that made them some of the largest financial assets by that metric. But where exactly does Ethereum stack up? ETH in the Top 25 CryptoPotato frequently reported Bitcoin’s progress as the asset...

[unable to retrieve full-text content]CoinspeakerTEN Secures $9M Funding from Round Led by R3 Consortium The platform, which is currently in its testnet mode, is set to launch its token in June ahead of the mainnet launch scheduled for October. TEN Secures $9M Funding from Round Led by R3 Consortium

This weekend doesn’t resemble the previous few, which were a lot less volatile, as the primary cryptocurrency has dumped hard to a ten-day low of under $65,000. The alternative coins are also well in the red, and the total crypto market cap has lost over $100 billion daily and more than $300 billion in the past few days. BTC Dumps Hard Monday began on a high note as BTC soared from $67,000 after retracing on Sunday evening to over $70,000 to register a new all-time high. The...

[PRESS RELEASE – Singapore, Singapore, March 17th, 2024] In a world increasingly dependent on artificial intelligence (AI), the shift towards decentralized and open-source AI is crucial to mitigate the risks associated with centralization and to ensure the future of AI benefits everyone, not just a select few. RSS3 has been at the forefront of aggregating Open Information (data from blockchains and decentralized networks) and processing it into AI-ready formats. Their core...

The current bull run is still in the early stages but this might just be the most explosive one yet if experts are to be believed. And memecoins have always been a high-risk high-reward investment. Andrew Kang, crypto trader and co-founder of crypto-focused venture capital firm Mechanism Capital, believes that memecoins will outperform every other digital asset in this bull cycle because the tokens are pure and upfront speculative vehicles. But which coin will be...