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A widely followed crypto analyst believes Bitcoin (BTC) is now seeing the final days of its multi-month correction before witnessing the last parabolic rally of this cycle.
Pseudonymous analyst Credible Crypto tells his 412,200 followers on the social media platform X that he thinks Bitcoin could drop close to $50,000 before carving a local bottom.
The trader shares a chart suggesting that...
Binance, the world’s leading cryptocurrency exchange, has expanded its offerings to include Eurite (EURI), a newly minted euro-backed stablecoin.
The exchange has confirmed that EURI trading pairs will be available in both euro and US dollars at 10:00 UTC on August 28th.
Binance also noted that Eurite will be available for trading on its platform with zero fees for a limited time.
Created by the...
An Ethereum whale lost nearly $4 million this summer after buying 8,825 ETH prior to the market downtick a few weeks ago, according to the crypto tracker Lookonchain.
Lookonchain notes the whale bought the 8,825 Ethereum for $27.96 million at an average price of $3,169 per ETH from Binance between July 27th and Aug 3rd.
Crypto prices plunged on August 4th.
On Monday, the same whale deposited...
A crypto strategist who accurately called Bitcoin’s pre-halving pullback thinks BTC is gearing up to transition to the parabolic phase of the cycle.
Pseudonymous analyst Rekt Capital tells his 84,600 YouTube subscribers that Bitcoin may be a few weeks away from witnessing the return of bullish price action based on historical data.
“So this so-called boring zone is essentially the post-halving...
Two closely followed crypto strategists are predicting a rebound for layer-1 protocol Toncoin (TON) after last week’s sudden correction.
Pseudonymous analyst Altcoin Sherpa tells his 220,700 followers on the social media platform X that TON could rally more than 23% from its current value.
“Bought TON last night in spot, going to hold it and see how it plays out. $5.50 was the entry, going to be...
The world’s first electronic stock exchange is asking the top US securities regulator to approve Bitcoin (BTC) index options.
According to a new report from Reuters, Nasdaq is seeking approval from the U.S. Securities and Exchanges Commission (SEC) to list a Nasdaq Bitcoin Index Options (XBTX) product.
The SEC has not yet approved options based on any of the spot BTC exchange-traded funds (ETFs...
Coinbase chief executive Brian Armstrong has rolled out a new “on-chain score” platform for crypto wallets.
Onchainscore.xyz assesses crypto wallets for “onchain-nativeness” on a 1-100 scale and provides information about the wallet’s activity history, token swaps, bridge transactions and the number of transactions on Ethereum (ETH) and the layer-2 scaling solution Base.
Armstrong shared results...
Ex-Goldman Sachs executive Raoul Pal believes that Ethereum (ETH) competitor Solana (SOL) could have a massive price explosion this cycle.
In a new interview on the Empire podcast, Pal predicts that Solana will put up somewhere around 900% gains in the coming months.
“The whole space goes up a lot [in the next 12 months]. I think Solana does maybe 10x from here, and Bitcoin does 5x or 4x from...
Wyoming is reportedly planning to soon launch its own stablecoin pegged to the US dollar in an effort to generate additional revenue.
CNBC reports that the state is hoping to roll out the so-called Wyoming stable token by the first quarter of 2025.
The token project aims to allow businesses and individuals to transact in a faster and cheaper way while also generating revenue for the state....
Defunct crypto lending platform Celsius Network is paying back billions to creditors.
Last year, a US judge approved a bankruptcy plan for Celsius after it filed for bankruptcy in July 2022 when its token plummeted by 99% and it could not fulfill withdrawals.
The company, dubbed “NewCo,” was granted a $1.25 billion balance sheet, $450 million of which was liquid crypto.
Earlier this year, it was...