Markets

BlockDAG, a cryptocurrency project, has recently gained significant attention due to an accidental leak concerning an advisory board member named Charlie Lee. This incident, publicized by Forbes, has sparked widespread speculation and interest in the crypto community. As a result, BlockDAG‘s presale has seen a dramatic increase, with funds raised exceeding $22.2 million. This surge is bolstered by the project’s innovative integration of blockchain and Directed...

CryptoQuant analysts have found that Bitcoin miners have increased their selling activity in the last month amid slow demand growth for BTC. According to the latest CryptoQuant weekly report, the decrease in BTC demand is evident in low Bitcoin whale demand, fewer purchases from spot exchange-traded funds in the United States, and the Coinbase premium falling below zero. Miners Increase Selling Activity Miners have sent a large amount of BTC to spot exchanges, creating an...

TL;DR XRP has remained resilient amidst a general market downturn, with analysts predicting substantial future gains. The ongoing Ripple v. SEC lawsuit could significantly influence the asset’s price, depending on the outcome. XRP Future Outlooks The latest correction in the cryptocurrency market, which resulted in multi-month low prices for Bitcoin (BTC), Ethereum (ETH), and many other digital assets, was not so devastating for Ripple’s XRP. Despite briefly plunging below...

Bitcoin’s recent market correction that dragged the world’s largest cryptocurrency near the low of $56,500 turned out to be a good opportunity for high-profile investors. Data shared by CryptoQuant CEO Ki Young Ju revealed that whales have accumulated a whopping 47,000 BTC – worth more than $2.8 billion in current price – over the past 24 hours alone. This shopping spree signals the beginning of “a new era” for the primary cryptocurrency, according to the exec. Bitcoin whales...

Die Wahl der richtigen Bitcoin-Börse ist entscheidend für eine sichere und erfolgreiche Investition in Kryptowährungen. Verschiedene Börsen bieten unterschiedliche Funktionen, Gebühren und Sicherheitsstandards. Daher ist es wichtig, die einzelnen Angebote zu vergleichen, um die beste Börse für deine Bedürfnisse zu finden. Faktoren, die du bei der Auswahl einer Bitcoin-Börse berücksichtigen solltest: Sicherheit: Die Sicherheit deiner Bitcoins sollte...

In einem Bullenmarkt, also einer Phase steigender Kurse, bietet Bitcoin die Möglichkeit, Gewinne zu erzielen. Allerdings ist es wichtig, sich vor Augen zu führen, dass der Kryptomarkt volatil ist und auch Verluste möglich sind. Um erfolgreich zu sein, sollten Anleger verschiedene Strategien und Tipps beachten. Strategien: 1. Langfristiges Halten (Hodling): Diese Strategie eignet sich für risikoaverse Anleger. Dabei kaufen Anleger Bitcoin und halten es über einen längeren Zeitraum, unabhängig...

Former FTX Digital Markets co-chief executive Ryan Salame has agreed to transfer his multimillion-dollar property in the Bamas as part of a plea agreement in his case. The move comes after Salame pleaded guilty to criminal charges in September 2023, and his plea agreement required him to pay $5.6 million in restitution to the debtors. The Property Transfer According to a motion filed by FTX Trading Ltd and affiliated debtors with the United States Bankruptcy Court for the...

In a week filled with significant activity in the cryptocurrency markets, Shiba Inu (SHIB) has dramatically increased its token burn rate by 90%, removing over 1.7 billion tokens from circulation in an effort to manage supply and potentially boost value. Despite these efforts, SHIB has faced a downturn, reflecting broader market trends. Meanwhile, Dogecoin (DOGE) has captured attention with a remarkable 60% surge in its value since the year’s start, riding the...

Experts now suggest that bitcoin may have reached a local bottom and will gradually recover over the coming months. BitMEX founder Arthur Hayes, for one, noted that the leading cryptocurrency might see a surge in value if, as he predicts, liquidity increases in the economy next week due to Janet Yellen’s policies. Bitcoin May Have Hit a Local Bottom In his latest blog post, Hayes said bitcoin’s latest slump has “played out” as he anticipated, attributing it to various factors...

Bitcoin’s price went on quite the wild ride throughout the past seven days. The cryptocurrency is down 4.2% during that period but this summary doesn’t do the action any justice, so let’s dive in. The market was fairly calm in the beginning of the week, trading at around $64K with little signs of significant volatility. Things started going downhill after April 30th, however. It was then BTC took a massive hit, dropping toward $60K, sending many investors in panic. The next...