Bitcoin loses downside flexibility after retesting June’s support level. Market sentiment switches in favor of the bulls, leading to speculation that the bottom is in. What if Bitcoin [BTC] is currently in a cycle bottom? This idea has been floating around lately and could be one of the reasons why the bulls are regaining momentum […]
Franklin Templeton Files For Spot Bitcoin ETF, Boosting Crowd Optimism
Franklin Templeton, one of the world’s largest asset managers, has filed for a spot Bitcoin ETF, which would allow investors to directly invest in Bitcoin through a traditional brokerage account. This news has sparked a wave of optimism in the crypto community, with Bitcoin and Bitcoin Cash emerging as the top two trending assets. Spot […]
Ben Armstrong Files Suit Against Former Hit Network Colleagues
YouTuber Ben Armstrong, formerly known as “Bitboy,” has filed a lawsuit in Georgia against Hit Network CEO Timothy “TJ” Shedd Jr. and father Timothy Shedd Sr.—two Hit employees—for removing Armstrong from the media company he created in 2018. The lawsuit also names corporate entities BJ Investment Holdings (BJIH) as a plaintiff alongside Armstrong, and TJSJ […]
Here’s How Much Money Can Move Ripple (XRP) Price by 2% on Major Exchanges
Market depth is an interesting concept to understand, especially for those who are into cryptocurrency trading. In essence, it’s a way to gauge how liquid a certain cryptocurrency is and if its order book is healthy and can consume a certain number of orders. That said, Ripple’s XRP is one of the most traded altcoins […]
Tron’s Justin Sun Mulls Over Making A Move On FTX’s Crypto Stash, Here’s Why
In a completely unexpected move, Justin Sun, Founder of Tron and Advisor to Huobi Global has expressed his interest in acquiring FTX’s considerable crypto assets worth billions of dollars. Justin Sun Considers Making A Bid For FTX Crypto Assets Justin Sun, Creator of Tron, one of the world’s largest blockchain ecosystems, has hinted at the […]
Bitcoin Bounces Back To $26.5K, Traders Take Profits Amidst Mild Rally
Bitcoin, the leading cryptocurrency, has made a notable resurgence, surging to a peak of $26.5K within the past few hours, marking a 5% increase in its daily chart. This bullish movement has also been accompanied by a remarkable 30% rise in its 24-hour trading volume over the same time frame. According to insights provided by […]
Chancer Announces First Product Update As Token Presale Passes $1.7 Million
Chancer, a first-of-its-kind platform where community-driven betting meets live streaming has released its first product update in its steps towards changing the betting space using blockchain. This update aligns with its set-out vision and covers crucial progress on user profiles, betting mechanics, and how social sharing will work in the app. Chancer’s betting mechanism covers two […]
Alex Mashinsky Fights Back: Seeking Dismissal of US FTC’s Case
In the latest twist to the Celsius bankruptcy saga, founder Alex Mashinsky is requesting the court to dismiss the Federal Trade Commission’s (FTC) case against him. Mashinsky Arrested on Multiple Fraud Counts According to a Sept. 11 court motion, Mashinsky’s legal team argued that the FTC’s allegations do not contain the necessary elements to support […]
Bull Bitcoin Now Allows Costa Ricans To Buy BTC With Country’s Primary Payment System
Bitcoin only exchange Bull Bitcoin, has announced that it has expanded its services to enable Costa Ricans and foreigners to buy and sell Bitcoin using SINPE Movil, the country’s primary fiat payment system, in partnership with circular BTC economy project Bitcoin Jungle, according to a press release sent to Bitcoin Magazine. This collaboration not only opens […]
$329M Bitcoin Fail: Human Rights Group Lambasts El Salvador’s Bet
El Salvador’s $329 million bet on Bitcoin’s potential to transform its economy is facing sharp criticism, as a new report by human rights group Cristosal raises questions about the venture’s financial prudence and transparency