As Bitcoin surges toward its previous all-time high, industry experts are anticipating a correction before the digital asset can continue its upward trajectory. Mike Novogratz, founder of Galaxy Digital, shared his insights with Bloomberg TV, suggesting that while Bitcoin has soared past the $60,000 mark this week, a correction is likely imminent. Bitcoin Enters “Price...Read More
Coinbase has had a great run recently, topped off with a great Q4 2023 roundup in which the platform announced that it had beaten analyst predictions and was well on track to recovery from crypto winter. However, a technical glitch – which was reportedly caused by high traffic – recently struck the exchange, causing the...Read More
Binance has successfully retrieved $4.4 billion worth of digital assets for its users who made errors in their deposits over the past two years. Various reasons, such as inputting incorrect wallet addresses, depositing tokens that are not compatible, and issues arising from blockchain updates, can lead to mishandling of funds. Mishandled Deposits Recovered In 2022...Read More
Bitcoin (BTC) is beginning a parabolic bull run of epic proportions that will last throughout the rest of the year, according to popular price analyst PlanB. In a post to X on Friday, the pseudonymous Bitcoin bull published a graph plotting Bitcoin’s “market cycle,” noting that the price has now emerged from this cycle’s “accumulation...Read More
[PRESS RELEASE – Palo Alto, California, March 1st, 2024] Using OpenRank, developers and web3 companies can build consumer apps where people can discover, use, fund, read, or buy something on-chain without worrying about getting spammed or scammed. Karma3 Labs has raised $4.5M in seed funding led by Galaxy and IDEO CoLab Ventures to build OpenRank,...Read More
The ongoing trial concerning the identity of Bitcoin’s enigmatic creator, Satoshi Nakamoto, took a significant turn today as Craig Wright faced allegations of tampering with crucial evidence. Wright, who asserts himself as Satoshi Nakamoto, has faced skepticism within the community. As the trial goes through the authenticity of critical emails supporting his claim, Wright finds...Read More
BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has reached $10 billion in assets under management (AUM) within seven weeks of its launch on January 11. The fund now holds over 162,000 Bitcoin, making it one of the few ETFs to surpass the $10 billion mark. Spot Bitcoin ETF Performance Nate Geraci, president of the ETF...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, March 1st, 2024] Ondo launches native access to tokenized real-world assets on Sui Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, has announced that Ondo Finance’s yield-bearing stablecoin alternative is now live on the network and available for immediate use by builders, developers and...Read More
In a major milestone, Bitcoin rallied past $63,000 this week before retreating to the press time price of around $62,000. Over the past month, the asset has recorded an impressive 46% gain as it edged closer to surpassing its previous all-time high. Despite the massive bullish momentum, the chances of correction depict a cautionary tale....Read More
AI-related coins have demonstrated a noteworthy performance in 2024, as the combined returns of such cryptocurrencies have surged by 76% since the year’s commencement. The Artificial Intelligence (AI) coins market has experienced a 7% increase today, elevating the market cap to $19.8 billion in the past 24 hours. AI Coins Are Top Performers in 2024...Read More
[PRESS RELEASE – London, United Kingdom, March 1st, 2024] The Bitcoin Dogs presale for the first-ever coin on the Bitcoin blockchain has now raised a total of $5.7 million since the 14th of February. The world’s first ICO on BRC-20, Bitcoin Dogs, has 14 days until the presale closes. The growth of the Bitcoin Dogs...Read More
Note: Anything expressed below is not considered financial advice – they are only suggestions for users to learn more about trading strategies. Users are always encouraged to do as much research as possible before executing any trades. The content below is not intended to express any guaranteed return, and BitMEX does not take responsibility should...Read More
[PRESS RELEASE – London, UK, March 1st, 2024] SatoshiDEX.ai, a pioneering Bitcoin DeFi platform, has announced the start of a 2nd Round of $SDEX Pre-Sale. After successfully raising $700,000 in Stage 1, now the Stage 2 is live and open to the community! SatoshiDex is led by a team committed to reshaping decentralized finance. While...Read More
[PRESS RELEASE – London, UK, March 1st, 2024] token.com is the first social investing platform that allows users to interact with token projects just like they would with a social media profile. Cryptocurrencies or token projects are introduced through TokenCards. These are made up of a video, a short description of the project, some tags,...Read More
A crypto whale has scored a significant profit of over $2.9 million by strategically investing in the meme-inspired cryptocurrency BONK, according to Lookonchain, a popular on-chain data tracker. The ентитъ acquired 98 billion BONK tokens, valued at more than $1.5 million, from Binance just before the token’s price surged by over 50% in a single...Read More
Meme coins have been around for nearly a decade. Today, these tokens continue to captivate the attention of the crypto community. This is hardly surprising, given that meme coins gain popularity through their association with internet culture. Among the many choices in meme coins, ApeMax, Shiba Inu, Coq Inu, Pepe, and Memecoin stand out as...Read More
Michael Saylor, the co-founder of MicroStrategy, has seen a significant increase in his personal wealth, with an approximate gain of $700 million following a three-day surge in the company’s stock and Bitcoin prices. This comes as MicroStrategy recently increased its Bitcoin holding by 3,000 BTC, taking the total of its holdings to 193,000 BTC. Saylor’s...Read More
