Crypto News Center

EUR/USD churns after a week of directionless weight-shifting

EUR/USD wrapped up the trading week nearly where it started. Market balance has broadly recovered as wait to Fed cuts resumes. Coming up next week: EU GDP & US CPI inflation. EUR/USD finished off a sedate trading week close to where it began, trading within a tight range of slightly more than 1%. Fiber tried to spark a fresh bid back above the 1.1000 handle on Monday, but price spent...

Poodlana: time is running out to buy the hottest token of 2024

Willemstad, Curacao, August 9th, 2024, Chainwire Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain, alongside additional reserves in hot wallets to process instant withdrawals. Praising the move by the crypto-based poker site to increase transparency, former Austrian footballer and poker professional Mario Mosböck has partnered with the site as a new official...

Can BTC Hit Six Digits? Exploring Bitcoin’s $100K Predictions With Kalshi and Polymarket Insights

As bitcoin (BTC) trades under the $96,000 mark at 1 p.m. ET on Monday, prediction markets Kalshi and Polymarket reveal mixed expectations for the cryptocurrency’s potential to reach $100,000 within the coming months and throughout 2024. Analyzing $100K Betting Forecasts From Kalshi and Polymarket Kalshi and Polymarket, two prominent prediction platforms, highlight varied confidence levels regarding bitcoin’s milestone of $100,000. On Kalshi, traders estimate a 37% probability of bitcoin exceeding...

MicroStrategy’s Bitcoin holdings yield over $10B in gains as BTC tops $80K

MicroStrategy's strategic investment strategy under Michael Saylor sees significant growth amid bullish market conditions. Key Takeaways MicroStrategy's Bitcoin holdings have generated over $10 billion in unrealized gains. Bitcoin's price increase to $80,000 coincided with Trump's reelection and global monetary adjustments. MicroStrategy’s Bitcoin holdings have surged to over $20 billion in value, generating more than $10 billion in unrealized gains as Bitcoin’s price topped $80,000 today, according to data tracked by...

BiT Global sues Coinbase over unfairly delisting wBTC while allowing PEPE, WIF to trade

BiT Global accuses Coinbase of manipulating the market to favor its own wrapped Bitcoin product. Photo: NurPhoto/Getty Images Key Takeaways BiT Global has sued Coinbase for unfairly delisting wBTC to promote its own cbBTC. Coinbase is accused of violating antitrust laws and misleading statements regarding wBTC standards. BiT Global has initiated a lawsuit against Coinbase, alleging the exchange unfairly delisted wrapped Bitcoin (wBTC) to promote its own competing product, Coinbase...

21,000 Bitcoin Options Set to Expire Today, What’s Next for BTC Price?

Bitcoin options implied volatility has surged by 5% over the last week with traders on Binance opening short positions for bitcoin in anticipation of another drop in BTC. After hitting the weekly high of $65,500, Bitcoin price is facing partial retracement dropping 1% in the last 24 hours and trading around $64,000. Traders are closely watching the developments with the weekly Bitcoin options expiry today. As per the data from...

Time to Buy Bitcoin? MARA Acquires $1.1 Billion in BTC

A leading Bitcoin (BTC) mining firm, Marathon Digital Holdings (MARA), has acquired a significant 11,774 BTC for $1.1 billion, as reported by MARA on X (formerly Twitter). MARA made these purchases during a recent market dip, acquiring BTC at an average cost of $96,000 each. MARA’s Bitcoin Holding  With this notable BTC acquisition, MARA’s total Bitcoin holdings have soared to 40,435 BTC. Additionally, the firm has achieved a BTC yield...

A Guide To Ethereum Wallets: What They Are And How To Use One

leading cryptocurrencies. Getty Images Ethereum Ethereum -1.3% wallets are essential for anyone interested in managing and securing digital assets like tokens and NFTs on the Ethereum network, the world’s leading proof-of-stake blockchain with a market capitalization that peaked at over $500 billion in 2021. This guide will explore what Ethereum wallets are, why they are used and the different types available. Whether you're a beginner or an experienced user, this...

The Blockchain Bridging AI and Crypto: Could This Be the Most Innovative Platform of 2024 and Beyond?

The crypto world is abuzz with speculation about a new blockchain platform that claims to bridge the gap between artificial intelligence (AI) and cryptocurrency. As the integration of these two transformative technologies becomes increasingly sought after, this project could set a new standard for innovation, scalability, and real-world application. If the early buzz is any indication, 2024 might mark the beginning of a new era in decentralized technology. Lightchain Protocol...

BTC Eyes $100K as US Spot ETFs Break Through $100 Billion

Bitcoin is approaching US$100k, a surge supported by the rapid growth of US spot Bitcoin ETFs, which now manage over $100 billion in assets. The 11 Bitcoin ETFs are now closer to overtaking gold ETFs, which currently hold US$120B in assets. Market observers are predicting Bitcoin could exceed $100,000 by the end of 2024, spurred by potential regulatory changes and institutional demand. Bitcoin (BTC) is nearing the US$100k (AU$153K) milestone,...