The emergence of Bitcoin-based stablecoins could make 2024 a pivotal year for the leading digital network, according to analysts at European alternative asset management firm CoinShares. In its Outlook 2024 report, the firm explained that the effects of a stablecoin settlement on Bitcoin would be numerous, including the enhancement of BTC’s monetary properties and the […]
Crypto phishing scam drains $600,000 from users tricked by fake airdrops
Scammers used fake airdrop campaigns and trustworthy crypto brands to lure victims, amassing six-figure in crypto within eight hours.
Digital Pilipinas Festival 2023 weighs advantages, drawbacks of investing in the Philippines
The Philippines is catching up with its Asian neighbors in technological advancements, which have been shaping up the global business sector, but is it already prepared to welcome a host of investors? […] Read More… The post Digital Pilipinas Festival 2023 weighs advantages, drawbacks of investing in the Philippines appeared first on CoinGeek.
Chainlink Automation Launches on Base: Unpacking Its Impact
Chainlink and Coinbase’s Base L2 network deepen partnership with Chainlink Automation launch. Chainlink Automation can reduce transaction costs by upwards of 90%. Base developers will gain an enhanced capacity for complex smart contracts and more advanced decentralised applications. Chainlink has been on a partnership spree of late, securing relationships with several big players inside (Circle) […]
Bitcoin Bets Big: Stablecoin Showdown in 2024?
For years, Bitcoin has reigned supreme as the king of cryptocurrencies, its price swings thrilling and terrifying investors in equal measure. But one area where Bitcoin has fallen behind is stablecoins, digital tokens designed to hold steady against the volatility of the crypto market. Now, experts predict that 2024 could be a turning point, with […]
StarkNet Airdrop – $TRK and Ecosystem Strategy to be Eligible
Discover the StarkNet network, its upcoming airdrop, and the airdrops on the protocols built across its ecosystem.
Bitcoin Price At Risk? Grayscale’s $335M Coinbase Transfer Stirs $30,000 Plunge Potential
The Bitcoin price has experienced a notable shift as selling pressure mounts, with BTC bears gaining the upper hand. Asset manager Grayscale, the owner and manager of the Grayscale Bitcoin Trust (GBTC), is a significant contributor to this trend. Since the trading of spot Bitcoin exchange-traded funds (ETFs) began on January 12, Grayscale has been […]
BlackRock’s and three other Bitcoin ETFs billions now tracked on-chain
Almost 17,000 BTC were sent to addresses related to those four ETFs in the past 24 hours, with the total AUM surpassing $3 billion.
Bitcoin Price Analysis: BTC Takes Hit, Can This Support Hold?
Bitcoin price started a fresh decline below the $42,000 level against the US Dollar. The price is now trading below $42,500 and the 55 simple moving average (4 hours). There are two bearish trend lines forming with resistance near $40,950 and $41,650 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The […]
Understanding the differences in Bitcoin futures on Binance and CME
Open interest on Bitcoin futures listed on the Chicago Mercantile Exchange (CME) has been outpacing open interest on Binance futures since November 2023. As of Jan. 23, around 30% of the total open interest in the Bitcoin futures market is on CME. However, as spot Bitcoin ETFs begin to gain traction in the U.S., amassing […]