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Crypto News Center

‎Tadawul sees 3 negotiated deals worth SAR 95.8M Bitcoin is a competitor for gold, not the U.S. dollar, Fed Chair Jerome Powell says Bitcoin and Ether tumble as crypto market turmoil escalates Shiba Inu’s SHEB Token Unveils Game-Changing P2E Feature Bitcoin.com Wallet App Launches ‘Instant Rewards’ – Earn Crypto Instantly by Completing Simple Tasks Hong Kong Lawmaker Urges Easing Banking Restrictions for Crypto Firms Ethical AI and the Pursuit of Progressive Human Innovation in Canada - SPONSOR CONTENT FROM DESTINATION CANADA Ethereum co-founder transfers 20,000 ETH to Kraken as price hits $3,600 Dogecoin Price Slowdown Before Pump? Charts Mirror 2021 Explosion, But This AI Rival Is Already Surging Whistleblower Lawsuit Accuses Binance of Bribery and Retaliation El Salvador and Argentina Regulators Sign Agreement to Help Develop Crypto Industry Best Crypto to Buy Now: Qubetics 65,000% ROI Gains Traction, Algorand Fuels Blockchain Adoption, and Cosmos Makes a Comeback

Bitcoin.com Wallet App Launches ‘Instant Rewards’ – Earn Crypto Instantly by Completing Simple Tasks

Bitcoin.com Wallet App Launches ‘Instant Rewards’ – Earn Crypto Instantly by Completing Simple Tasks

Bitcoin.com is excited to announce the launch of Instant Rewards, an innovative new feature in the Bitcoin.com Wallet app that transforms earning crypto into a fun, interactive process by completing everyday tasks. This latest addition empowers users to seamlessly integrate earning crypto into their daily routines. “Our Rewards Center provides much-needed incentive for people to learn about and safely use self-custodial Bitcoin and crypto. With Instant Rewards, it’s now that...

Hong Kong Lawmaker Urges Easing Banking Restrictions for Crypto Firms

Hong Kong Lawmaker Urges Easing Banking Restrictions for Crypto Firms

The survey found that around 95% of these companies had attempted to open local bank accounts, but only 20% managed to do so within two to five months. Hong Kong Legislative Council member Johnny Ng has called on the government to ease the strict restrictions that many crypto and Web3 firms face when trying to access banking services. Ng, a vocal advocate for the region’s development as a crypto hub,...

XRP Under The Microscope: Will It Break $2.9? Key Support Levels And Future Targets

XRP Under The Microscope: Will It Break $2.9? Key Support Levels And Future Targets

XRP, the third-largest cryptocurrency by market capitalization, has recently outperformed the top ten cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). This significant momentum comes as investor sentiment grows in anticipation of clearer regulatory frameworks in the United States, especially following Donald Trump’s election. In addition, Securities and Exchange Commission (SEC) Chairman Gary Gensler recently announced his departure effective January 20, which many believe could pave the way for increased adoption...

‎Tadawul sees 3 negotiated deals worth SAR 95.8M

Bitcoin is a competitor for gold, not the U.S. dollar, Fed Chair Jerome Powell says

Bitcoin and Ether tumble as crypto market turmoil escalates

Bitcoin.com Wallet App Launches ‘Instant Rewards’ – Earn Crypto Instantly by Completing Simple Tasks

Hong Kong Lawmaker Urges Easing Banking Restrictions for Crypto Firms

XRP Under The Microscope: Will It Break $2.9? Key Support Levels And Future Targets

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Crypto user base reaches 10 million in Q2 2024

Crypto user base reaches 10 million in Q2 2024

In Q2 2024, the crypto market surged with a record 10 million daily active wallets, up 40% from Q1. Social DApps saw a 66% spike in user activity. Decentralized exchanges thrived with meme coin trading. NFT marketplaces rebounded to $4 billion in trading volume. Despite this growth, DeFi apps lost $7 billion in total value locked (TVL), a 4% drop from the previous quarter, notably on Tron and Arbitrum networks....

XRP Under The Microscope: Will It Break $2.9? Key Support Levels And Future Targets

XRP Under The Microscope: Will It Break $2.9? Key Support Levels And Future Targets

XRP, the third-largest cryptocurrency by market capitalization, has recently outperformed the top ten cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). This significant momentum comes as investor sentiment grows in anticipation of clearer regulatory frameworks in the United States, especially following Donald Trump’s election. In addition, Securities and Exchange Commission (SEC) Chairman Gary Gensler recently announced his departure effective January 20, which many believe could pave the way for increased adoption...

Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain?

Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain?

You are here: Home / News / Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain? Renowned analytical platform Santiment reported that both Chainlink and Ethereum have reached an all-time low in the 30-day and 365-day average of trading returns. In a recent post on X, the platform highlighted this considerable decrease in return, pointing out the current trends in these large cryptocurrencies. According to Santiment analysis, Chainlink and...

Methanex temporarily shutting New Zealand methanol plants

Methanex temporarily shutting New Zealand methanol plants

Navigation for News Categories File photo. The Methanex plant in Waitara Valley. Photo: Google maps Methanex, NZ's biggest gas user shuts plant until end of October. Agrees to sell the gas to power companies Contact and Genesis. Power companies will be able to fire up gas fuelled standby generators. Electricity supplies and prices squeezed by low hydro lake levels and shortage of gas. The country's biggest gas user Methanex is...

Cardano Founder: Bitcoin To Rule DeFi World Within Three Years

Cardano Founder: Bitcoin To Rule DeFi World Within Three Years

By Philip Maina 4 days agoSat Nov 30 2024 08:41:19 Reading Time: 2 minutes Cardano founder believes bitcoin DeFi will rule the DeFi space in three years Charles Hoskinson said that Bitcoin has liquidity and is now scalable He also noted that Bitcoin is gaining more popularity and value Cardano blockchain founder Charles Hoskinson believes that Bitcoin DeFi is poised to take over the DeFi space within the next three...

Why These Altcoins Are Trending Today — December 4

Why These Altcoins Are Trending Today — December 4

It’s altcoin season, and as expected, many non-Bitcoin cryptocurrencies will be on the radar of several traders. Due to this shift in momentum, the altcoin trending today’s list comprises tokens whose prices have all surged in the last 24 hours. These surges could be linked to rising demand and significant trading volumes. According to CoinGecko, the top three trending altcoins include Bertram The Pomeranian (BERT), Koma Inu (KOMA), and Hyperliquid...

Jump Trading Unstakes $29M In ETH from Lido Finance And Continues Redeeming WSTETH

Jump Trading Unstakes $29M In ETH from Lido Finance And Continues Redeeming WSTETH

Jump Trading has successfully unstaked 11,500 $ETH, valued at $29 million, from Lido Finance. Additionally, in the past hour, they redeemed 16,210 $WSTETH into 19,049 $STETH. The 11,500 $ETH has been transferred to the wallet “0xf58,” which Jump Trading frequently uses to deposit $ETH to centralized exchanges (CEX). Currently, Jump Trading still holds 21,394 $WSTETH (worth $63.6 million) and 16,292 $ETH (worth $41.3 million) across their wallets. Furthermore, 19,049 $STETH...

Triple-A: Argentina and Brazil in the Top Ten Of Countries With Most Cryptocurrency Ownership

Triple-A: Argentina and Brazil in the Top Ten Of Countries With Most Cryptocurrency Ownership

Argentina and Brazil are part of the top ten countries with the most crypto ownership, according to a recent report issued by Triple-A, a provider of digital currency white-label payment solutions. Argentina took the fourth place in the list, with 18.9% of its population holding cryptocurrency, while Brazil appears in sixth place with 17.5%. Argentina and Brazil Among the Countries With Most Crypto Ownership Latin America, with its specific traits...

GBP/USD catches a bid from bad NFP print

GBP/USD catches a bid from bad NFP print

GBP/USD found a foothold on Friday after wide miss in US data. US NFP showed the lowest initial print in years as job market cools. Coming up next week: US ISM Services PMI, UK BRC Retail Sales. GBP/USD wrapped up the trading week with a last-minute win after a misfire in US Nonfarm Payrolls (NFP) kicked the Greenback lower across the board. This gave the Pound Sterling a foothold, but...

Bitcoin Open Interest hits ATH as BTC flirts with $100K – What now?

Bitcoin Open Interest hits ATH as BTC flirts with $100K – What now?

Bitcoin’s open interest has reached an all-time high, with a notable increase in shorting activity. While “cautious optimism” has kept BTC near $100K, the rally to $130K remains elusive. Two weeks ago, market speculators set their sights on Bitcoin [BTC] hitting $100K by the end of Q4. In just 14 days, BTC has nearly reached that target, closing near $99K and setting a new ATH. Since the election, over $4...

MicroStrategy’s Bold Bitcoin Bet Divides Market: Confidence Soars While MSTR Drops

MicroStrategy’s Bold Bitcoin Bet Divides Market: Confidence Soars While MSTR Drops

MicroStrategy acquired 55,500 BTC for US$5.4B, raising total holdings to 386,700 BTC valued at US$38B, funded through convertible bonds and stock issuance. However, the firm’s stock, MSTR, dropped over 18% despite 500% year-to-date growth, with concerns over valuation and major trading firms shorting it. Bitcoin neared US$100K before retreating to US$94K, driven by optimism over crypto-friendly political developments. MicroStrategy, known as the largest corporate holder of Bitcoin (BTC), recently announced...

EUR/USD weakens to near 1.0550 on ECB rate cut bets

EUR/USD weakens to near 1.0550 on ECB rate cut bets

EUR/USD loses traction to around 1.0550 in Monday’s Asian session. Markets see a potential December rate cut by the Fed. The ECB is anticipated to cut another 25 bps at its December meeting on Thursday. The EUR/USD pair trades with a mild negative bias near 1.0550 on Monday during the Asian trading hours. Investors will closely monitor the US Consumer Price Index (CPI) inflation report for November, which is due...

Ethereum Breaks Barriers, Targets $6K Amid Record ETF, TVL Activity

Ethereum Breaks Barriers, Targets $6K Amid Record ETF, TVL Activity

The increasing prominence of Ethereum is once again in the spotlight, as recent data indicates a substantial inflow of funds into Ether-based ETFs. These products have experienced a remarkable $133 million in net inflows over the course of seven days, indicating a significant increase in institutional interest and investor confidence. Ethereum isn’t just optimistic about exchange-traded funds (ETFs). Analysts are making big price predictions for the cryptocurrency right now. This...

BTC is a Stock Market Amplified Ponzi: ZeMing Gao

BTC is a Stock Market Amplified Ponzi: ZeMing Gao

Homepage > News > Finance > BTC is a Stock Market Amplified Ponzi: ZeMing Gao Michael Saylor recently took to the airwaves to discuss MicroStrategy’s (NASDAQ: MSTR) meteoric stock price rise. In a CNBC interview, Saylor served a word salad of financial jargon to explain how the nearly 10x gain his company’s stock has experienced this year is justified. Like many others, Bitcoin philosopher and author of ‘Bit & Coin...

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May

Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which had accrued $479.15 million. According to Cryptoslam.io data, Ethereum-based NFTs led the market with $146.10...

California DMV Puts 42 Million Car Titles on Avalanche Blockchain

California DMV Puts 42 Million Car Titles on Avalanche Blockchain

By Mark Hunter 2 weeks agoWed Jul 31 2024 09:54:46 Reading Time: 2 minutes The California DMV has digitized 42 million car titles on the Avalanche network Oxhead Alpha has revealed this project to streamline vehicle title transfers for over 39 million residents The new system has sped up the title-claiming process to minutes, reducing physical visits The California Department of Motor Vehicles (DMV) has put 42 million car titles...

Bitfarms stock rises 22% after Q2 loss came out better than expectations

Bitfarms stock rises 22% after Q2 loss came out better than expectations

Canadian Bitcoin mining company Bitfarms stock surged nearly 22% following the release of better-than-expected second-quarter earnings. In its Q2 results on Aug. 8, the Bitcoin BTC $59,454 miner reported a 7 cents per share loss, less than the 11 cents per share loss initially forecasted by Zacks Investment Research. Bitfarms stock climbed nearly 22% over a day. Source: Google Finance In an Aug. 8 post on social media platform X,...

Whales add 71,000 BTC to their holdings during the dip

Whales add 71,000 BTC to their holdings during the dip

Bitcoin ETFs see $300m inflow on Monday, highest since early June. Key Takeaways Whales added 71,000 BTC worth $3.9 billion during recent price pullback. Bitcoin ETFs saw $300 million inflow on Monday, highest since early June. Bitcoin whales have added 71,000 BTC worth $3.9 billion to their portfolios during the recent market pullback, according to data from IntoTheBlock. This accumulation occurred as Bitcoin prices fell below $54,000 during the recent...

JAN3 CEO Samson Mow Doubles Down on $1 Million BTC Prediction Following U.S. Debt Escape Event

JAN3 CEO Samson Mow Doubles Down on $1 Million BTC Prediction Following U.S. Debt Escape Event

Samson Mow, CEO of JAN3, has doubled down on his earlier prediction of bitcoin reaching $1 million in weeks to months. Mow states that the U.S. debt cannot be repaid, and one of the best decisions to deal with it is rebasing the price of the U.S. dollar to bitcoin. JAN3 CEO Samson Mow: The U.S. Dollar Will Have to Rebase to Bitcoin Bitcoin’s irruption in U.S. financial state policy...

Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?

Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?

Bitcoin has maintained its bullish momentum over the weekend, solidifying its position above the $90,000 mark. This milestone showcases Bitcoin’s resilience as it continues to captivate investors with its upward trajectory. The market has been buzzing with optimism as Bitcoin inches closer to new highs. However, recent on-chain data suggests that a potential pullback could be on the horizon. Key data from CryptoQuant reveals that Bitcoin miners have sold over...

MicroStrategy to join Nasdaq 100 with $2.1 billion in ETF share buying expected

MicroStrategy to join Nasdaq 100 with $2.1 billion in ETF share buying expected

MicroStrategy’s addition to the Nasdaq 100 on December 23 is expected to drive $2.1 billion in ETF share purchases, potentially bolstering its Bitcoin holdings. Photo: Trung Phan Key Takeaways MicroStrategy is set to join the Nasdaq 100 Index, with an official announcement expected on December 13. MicroStrategy’s Nasdaq 100 inclusion could drive $2.1 billion in ETF share buying. MicroStrategy is expected to join the Nasdaq 100 Index on December 23,...

Meme Coin Madness: PEPE Market Cap Smashes $10B Mark in Epic Weekend Surge

Meme Coin Madness: PEPE Market Cap Smashes $10B Mark in Epic Weekend Surge

Meme coins are lighting up the crypto market this weekend, with pepe (PEPE)—the token inspired by the iconic green frog meme—leaping 13.7% against the U.S. dollar, pushing its market cap beyond $10 billion. From Jokes to Riches: Meme Coins Soar as Market Hits $148B As of Saturday, the total meme coin economy has climbed to $148 billion, with all 20 of the top meme coins showing gains. Among them, pepe...

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