Tether, the world’s largest cryptocurrency company by market cap, has led a $25 million Series A funding round for Oobit, a company dedicated to simplifying crypto payments. This investment marks a pivotal step towards integrating cryptocurrencies into everyday transactions, enabling crypto holders to use their digital assets at over 100 million retailers worldwide. The funding […]
Crypto Price Prediction 3/5: Fresh Relief Rally Bolsters $BTC to Reclaim $60k
Crypto Price Prediction: On May 3rd, the cryptocurrency market capitalized on the momentum from a relief rally that followed a reversal in Bitcoin’s price from the $56,500 support level. With this resurgence in buying interest, altcoins are experiencing significant gains as major assets recover previously lost value. A recent update from Wu Blockchain highlights significant […]
Binance Enhances Support For SUI Crypto, SUI Price To Rally?
In a strategic move to bolster its offerings and cater to the evolving demands of crypto traders, Binance has announced the launch of the USDC-margined SUI Perpetual Contract. Meanwhile, this initiative, set to commence on February 8th, 2024, comes with a promise of up to 50x leverage, offering users expanded opportunities within the SUI crypto […]
Ethereum ETFs: May Rejection Looms, Analysts Eye August Approval
As the deadline for the U.S. Securities and Exchange Commission (SEC) decision on Ethereum Exchange-Traded Funds (ETFs) approaches, skepticism mounts among industry experts. Leading the discourse, crypto analyst Michaël van de Poppe has expressed doubts about the approval of Ethereum Spot ETFs this May. His views are shared by others in the field, including MicroStrategy […]
Is Bitcoin Price Poised To Double In Value As Spot ETF Net Daily Inflow Leaps To $68M?
Bitcoin price is in the middle of an intense bear and bull tug-of-war resulting in consolidation between the narrow range low at $42,000 and range high at $44,000. The price also remains relatively unchanged over 24 hours, triggering concerns about how the stalemate will end. Trading at $42,800 during US trading hours, and with a […]
Here is Why Bitcoin (BTC) Price is Up Today
In the last 24 hours, Bitcoin (BTC) price has experienced a significant rise, posting a 6.47% increase. This upward trend occurred despite the cryptocurrency’s struggle to sustain a price above $63,000. The surge aligns with new macroeconomic data, influencing investor expectations of a more accommodating monetary policy from the U.S. Federal Reserve (Fed). Steady jobless […]
Bitcoin Touted as Potential Escape Route in U.S. Debt Crisis
Samson Mow, CEO of Jan3 and a prominent advocate for Bitcoin, highlighted comments made by Federal Reserve Chairman Jerome Powell on the state of the U.S. national debt. During a notable appearance on the “60 Minutes” show, Powell expressed concerns about the country’s fiscal sustainability, pointing out that the national debt, currently at $34 trillion, […]
What Will Be My Portfolio if Mina Price Hits $20?
With the price of Mina (MINA) nearing $20, investors are eagerly evaluating how it may affect their portfolios. Mina Protocol has gained recognition for its efficient operation of decentralized applications (DApps) due to its lightweight blockchain, focus on security, and decentralization. Investors can gain valuable insights into the dynamics of cryptocurrency investment during MINA’s upward […]
Indian Crypto Executives Launch Pi42 Crypto Futures Exchange
Indian crypto pioneers, Nischal Shetty and Avinash Shekhar, have joined forces to unveil Pi42, a groundbreaking addition to India’s crypto landscape. Pi42’s emergence marks a pivotal moment for the country’s digital currency enthusiasts, offering a localized platform tailored specifically for the needs of Indian traders. Pi42 steps into the scene as a rupee-denominated futures exchange, […]
Charles Hoskinson Teases Cardano and Bitcoin Cash Partnership
Cardano Founder Charles Hoskinson has hinted at a potential partnership deal between BitcoinCash and Cardano. He posted a hypothetical poll on X, requesting the opinion of his followers on the possible alliance. Bitcoin Cash Has Its Own Unique Industry Niche In his X post, Hoskinson asked his followers if they would like to see “Bitcoin […]