XRP Hype Spikes As Price Surges 12%, Is This A Top Signal?

Data shows the hype around XRP has spiked as the asset has registered a 12% gain during the past week, something that may lead to a top. XRP Social Dominance Has Surged To High Values Recently According to data from the on-chain analytics firm Santiment, crowd optimism around XRP has shot up recently. дальше »

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US investment bank Cowen shuts crypto trading unit 

Cowen Inc. has indefinitely suspended its digital assets trading unit. The bank’s digital asset service exposed institutional investors to 16 cryptocurrencies, including bitcoin (BTC) and ether (ETH). дальше »

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Memecoins the next catalyst for crypto adoption — DappRadar analyst

Sara Gherghelas, a blockchain research analyst at DappRadar, explains how the lower barrier of entry associated with memecoins may have sparked the adoption of the crypto asset class. дальше »

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Bitcoin transaction volume hits monthly highs as coin drops below $27k

Bitcoin’s (BTC) mean transaction volume has surged to a high of 2.051 BTC, its highest value in the past month. This notable increase in transaction volume coincides with the recent dip in bitcoin’s price, as the asset recently plummeted below… дальше »

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Bitcoin is outshining again; is 2023 BTC's year?

Bitcoin has shown increased decoupling from the main asset classes of the traditional market. BTC's correlation with gold retracted from its all-time high to stand at 11% as of 31 May.  OveThe post Bitcoin is outshining again; is 2023 BTC's year? appeared first on AMBCrypto. дальше »

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Unprecedented XRP Activity Could Signal Unique Price Behaviour: Santiment

XRP, the token associated with blockchain behemoth Ripple, has recently been basking in the limelight as the most trending asset in the cryptocurrency landscape дальше »

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InQubeta (QUBE) Presale Gains Traction Among Investors Seeking Higher-Yield Investment Options than Chainlink (LINK)

Crypto is a continuously evolving landscape, with new projects emerging to push the boundaries of innovation and reshape various industries. They bring fresh ideas, technologies, and investment opportunities to the forefront of the digital asset space. дальше »

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Fidelity's Timmer Predicts Bitcoin Revival

Fidelity's Timmer has hinted at potential Bitcoin resurgence, likening digital asset's trajectory to historic patterns of dot-com bubble дальше »

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Bumper’s Breakthrough DeFi Protocol Set to Reshape Options Pricing

Marking a seismic shift in the digital asset landscape, DeFi platform Bumper today unveiled the findings of their comprehensive simulation, exhibiting new pricing efficiencies over traditional options desks ahead of the protocol launch in August 2023. дальше »

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Rare Crypto Signal Emerges That Could Spark Another 2017-Style Boom

A rare crypto technical indicator signal has appeared for the first time in over six years. The last time it fired, the total cryptocurrency market cap climbed more than 7,000% and put the asset class on the map. дальше »

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Bitcoin Miners Receive Inflows Of 7,000 BTC, What Does It Mean?

On-chain data shows that Bitcoin miners have recently received net inflows of about 7,000 BTC. Here’s what this may mean for the asset. Bitcoin Miner Netflow Has Registered A Large Positive Spike As an analyst in a CryptoQuant post pointed out, Poolin mining pool seems to have been behind most of the recent inflows. дальше »

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NFT Market Update: Major Collections Suffer Price Slump in 2023

The non-fungible token (NFT) industry has become a trending digital asset sector. The sector gained significant traction from investors worldwide over the past two years. Even during the extended bearish market of 2022, the industry thrived, gaining more sales volume than in 2021. дальше »

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XRP Bullish Signal: Address Activity Spikes To Historical Levels

On-chain data shows the XRP active addresses metric has spiked to historical levels recently, a sign that may turn out to be bullish for the asset. XRP Daily Active Addresses Has Observed An Uplift Recently According to data from the on-chain analytics firm Santiment, address activity on the network reached its second and third-highest values ever during the last couple of days. дальше »

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Bitcoin is in dangerous position as demand dries up 

Bitcoin (BTC) finds itself in a critical position, experiencing a decrease in demand despite a recent break above the $28,000 price level. This prevailing bearish scenario provides no substantial backing for the asset’s current price movement to counteract further declines.… дальше »

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Bitcoin and the Debt Ceiling: How the asset reacts to Washington

The White House and the US House of Representatives have reached a tentative agreement to raise the US government debt ceiling. This article explores the implications for Bitcoin and crypto assets. дальше »

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First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?

ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks. дальше »

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Long-Term Bitcoin Holders Defy Market Uncertainty, Setting the Stage for Further Growth

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Blocktrade raises €4.5M in its BTEX Token sale

Gamified asset marketplace Blocktrade says it has raised €4. 5 million in an exclusive BTEX Token (BTEX) sale. The sale attracted 1,400 community members from 42 countries. Blocktrade will use the funds to grow its platform. дальше »

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Bearish Sentiment Hits EOS As Bulls Lose Control, What Lies Ahead?

EOS Network, a popular open-source blockchain platform prioritizing high performance and security, has recently witnessed a sharp price decline. The asset exhibits bearish sentiment in the 30-Day timeframe. дальше »

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Is the US 30% Bitcoin mining tax dead?

In a significant turn of events, the controversial Digital Asset Mining Energy (DAME) excise tax was not included in the latest Fiscal Responsibility bill aimed at tackling the Debt Ceiling crisis. дальше »

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Bitcoin Shows Recovery: Did This Historical Line Act As Support Again?

Bitcoin on-chain data suggests a historical support line may have helped the coin once again as the asset has recovered toward $28,000 today. Bitcoin Short-Term Holder Cost Basis May Still Be Active As Support According to data from the on-chain analytics firm Glassnode, the BTC price approached the cost basis of the short-term holders recently. дальше »

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Bitcoin’s leap above $28k triggers $130 million in crypto liquidations

Bitcoin’s (BTC) brief climb above $28,000 during the early trading hours of today led to liquidations of roughly $130 million in positions held on the crypto market. According to Coinglass data, the flagship digital asset saw $55 million in liquidations for traders who held positions in it in the last 24 hours. дальше »

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Governor of Bali Says Crypto Payments Are Illegal at Resorts

While crypto as asset class is legal and regulated, paying and exchanging it is not дальше »

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Dogecoin (DOGE) Transactions Go Parabolic

Dogecoin, a digital asset born as a meme, has charted an unprecedented rise in transaction volume дальше »

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NASDAQ appreciation of Ripple-Metaco acquisition triggers IPO speculations

In what appeared to be among the most publicized acquisitions within the crypto world in 2023, blockchain payments company Ripple Labs acquired Metaco. Metaco is Swiss-based asset custody that focuses on trading and decentralized finance. дальше »

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Experts Tip China To Get Bullish on Crypto, Says New Digital Asset Framework In Hong Kong Is “Testnet” For China

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This Pundit Believes Ethereum’s Price Could Tap $450,000 In the Next 2 Decades — Here’s Why

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Beijing releases white paper for Web3 innovation and development

The release of the white paper coincides with new digital asset regulations in Hong Kong, raising further interest in China’s stance toward the crypto industry. дальше »

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Whales Flock To XRP, Accumulate 52 Million Tokens In Just 3 Weeks – Here’s Why

In the world of crypto, the actions of large investors, known as whales, can often provide valuable insights into the market sentiment surrounding a particular digital asset. Recent data has revealed a common trend in the XRP market, as whales have been actively accumulating millions of tokens over a short period, particularly in the last three weeks. дальше »

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Web3 Lawyer Backs Ripple Amid Discovery Of Conversation Between SEC Staff Prior To The Hinman Speech

The legal tussle between Ripple and the Securities and Exchange Commission (SEC) takes a new turn as web3 lawyers and digital asset users scrutinize a new revelation concerning the case.  Pro-XRP lawyer John Deaton has stated that a small footnote that he discovered in Ripple’s brief could play a key role in determining the merits […] дальше »

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HEX’s Dramatic Fall: Were The Critics Right The Whole Time?

In the ever-evolving landscape of cryptocurrencies, one digital asset has recently been the subject of intense scrutiny and debate: HEX. This controversial cryptocurrency, founded by Richard Heart, has seen a dramatic fall from grace, with its value plummeting 82% in recent months and a staggering 97% from its all-time high. дальше »

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Suitability Of Crypto Products To Be Included In Regulatory Frameworks – IOSCO Recommendation

According to a May 23, 2023 media release, the International Organization of Securities Commissions (IOSCO) issued global recommendations to jurisdictions on the regulation of crypto and digital asset markets. дальше »

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DigiToads (TOADS) Presale Shows Tremendous Potential Along with LINK, DOT

Experts predict DigiToads will become one of the top crypto coins due to its tremendous presale success.   The rapid accumulation of TOADS while still in its Lilypad 6 presale stage has led many to bet on a 400x profit return of this crypto asset. дальше »

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VISA Explores the Potential of Smart Contracts for Payments with Ethereum

Global financial services behemoth VISA recently shared a range of significant milestones in its ongoing pursuit of digital asset payments and seamless crypto onboarding. In a blog titled “Rethinking Digital Transactions with Account Abstraction” earlier this week, the firm disclosed it is now exploring how gas fees can be redesigned using Account Abstraction on the […] дальше »

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Gulf Binance Receives Green Light to Launch Digital Asset Exchange in Thailand

Binance announced partnership with Thailand’s Gulf Innova, acquiring the digital asset operator licenses from Thailands Ministry of Finance. This significant milestone paves the way for the company’s anticipated digital asset... дальше »

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Binance, Gulf Innova joint venture bags digital asset operator license in Thailand

Thailand’s Ministry of Finance has granted a digital asset operator license to the joint venture between Binance and Gulf Innova, the exchange announced May 26. Gulf Innova is a wholly-owned subsidiary of Gulf Energy. дальше »

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Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023

Binance and its Thai partner Gulf Innova have secured digital asset operator licenses in Thailand to launch a new crypto exchange. дальше »

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WEF publishes crypto asset regulation recommendations for government, industry

The World Economic Forum analyzed regulatory approaches to urge cooperation between international organizations, regulators and the crypto industry. дальше »

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Polkadot Extends Decline, Can Bulls Defend $5.15 Support?

The Polkadot price analysis continues to indicate a bearish outlook as the market undergoes a notable decline. Within the past 24 hours, the asset’s price experienced a slight decline, demonstrating sideways movement under the influence of bearish sentiment. дальше »

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Norway could go its own way on crypto asset regulation, central bank suggests

International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report. дальше »

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Euro coin (EUROC) now live on the Avalanche blockchain

Stablecoin issuer Circle has introduced euro coin (EUROC) on the Avalanche network, marking the second blockchain to support the asset. EUROC, backed by the euro at a 1-1 ratio, offers developers another avenue to serve users through integration into decentralized applications (dApps).. дальше »

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Huobi Ordered To Suspend Operations In Malaysia In Latest Crypto Hit

On Monday, the Malaysian Securities Commission (SC) ordered Seychelles-headquartered cryptocurrency exchange Huobi Global to cease activities in the country. The regulator said Huobi was operating a digital asset exchange in Malaysia without the appropriate registration. дальше »

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Chainlink (LINK) Under Bearish Strain As Selling Pressure Mounts

The bullish momentum in Chainlink (LINK), which spiked the asset to $6. 75 on May 18, 2023,  ended on May 19. From May 19 till date, LINK recorded a bearish pressure as the price gradually decreased each day till May 24, when it closed at $6. дальше »

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XRP Bears Prevail As Asset Retreats From Recent Highs

XRP is in the red today, losing grip of its recent gains as the bears act on its price. The bulls had sustained the price momentum driving XRP to $0. 4688 on May 19. The asset traded within this range till May 24, when the bears dropped it to a closing price of $0. дальше »

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CFTC charges 5 in fraudulent digital asset trading scheme

The U.S. Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against five individuals, accusing them of running a fraudulent digital asset trading scheme. дальше »

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Bitcoin Hangs At $26,200: Why This Is A Crucial Support Level

Bitcoin has plunged during the last 24 hours and now finds itself at the $26,200 level. Here’s why this level is important for the asset. Bitcoin 200 WMA & 111 DMA Are Both At $26,200 Right Now In a new tweet, the analytics firm Glassnode has talked about how the different technical pricing models for Bitcoin may be interacting with the asset’s price currently. дальше »

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Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund

The firm has so far received $20 million out of its $100 million target for the fund. дальше »

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Percentage of Americans holding, using crypto fell in 2022: Fed survey

Americans holding or using crypto fell from 11% in 2021 to 8% in 2022, per the Fed’s 2022 Economic Well-Being of U. S. Households report – released this month. The Fed attributed the drop in holding and using crypto to the fall in digital asset prices last year. дальше »

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Gate Group Launches New Virtual Asset Trading Service in Hong Kong to Leverage City’s Crypto-Friendly Disposition

Coinspeaker Gate Group Launches New Virtual Asset Trading Service in Hong Kong to Leverage City’s Crypto-Friendly Disposition Gate Group has established its presence in Hong Kong by launching Gate. дальше »

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Gate Group launches new virtual asset trading platform in Hong Kong

As of May 23, users can deposit and withdraw virtual assets and participate in spot trading activities.

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