Bitcoin has lost more than 5% of its value in the past 24 hours, and Mike Novogratz expects further declines. Mike Novogratz, CEO of Galaxy Digital, predicted earlier today that Bitcoin’s price would fall toward the $38,000 level. According to Novogratz, Bitcoin’s bottom will likely form around that range. The Galaxy Digital chief made the … Read more

After hitting an all-time low of $26.90 last week, ICP bounced back with a gain of more than 70% in the days that followed Following May’s crash, several stagnant weeks and further price declines, market sentiment finally turned positive last week as much of the cryptocurrency market closed with weekly green candles. Bitcoin gained 11% … Read more

Tether’s (USDT) market share has risen to 75%, up from 55% two years ago. Tether generated $400 million in revenue over the past 30 days. The amount of USDT held on cryptocurrency exchanges reached a record $20.3 billion in August 2024. Tether (USDT), the world’s largest stablecoin, now controls more than 75% of the stablecoin … Read more

Tesla, Blockstream, and Jack Dorsey’s Block have partnered to build a solar-powered Bitcoin mining site in West Texas. The facility will be powered by a 12 megawatt-hour Megapack battery and a 3.8 megawatt solar array supplied by Tesla. On the sidelines of the Bitcoin 2022 conference in Miami, Blockstream co-founder and CEO Adam Back — … Read more

The Twitter CEO emphasized the opportunity to build decentralized Bitcoin financial services with Square’s new venture Jack Dorsey, CEO of Twitter and Square, revealed plans for a new Square initiative on Twitter last night. The company will launch an open developer platform focused on Bitcoin, designed to make it easy to create financial services that … Read more

Plaintiff lost more than $10,000 in 2018 amid China’s ban on financial institutions supporting crypto transactions The High People’s Court of Shandong Province in northern China has publicly stated that investments in digital assets such as cryptocurrencies are not protected by law. The comment came while the court was reviewing a decision from the Jinan … Read more

Given the volatility often associated with cryptocurrencies, it’s easy to assume they are purely speculative assets meant only for short-term trading. That assumption would be a mistake. For example, although a coin like Bitcoin has experienced wild price swings in recent months, it is still up more than 100% year-to-date. Cryptocurrencies can represent a legitimate … Read more

Shiba Inu is trading in the same direction as Bitcoin and the broader market. This is a positive sign as buying volumes across the market are rising. Shiba Inu is also strengthening its fundamentals, including development work on its metaverse project. Shiba Inu managed to overcome resistance at the 100-day moving average, pointing to increased … Read more

Bitso has launched a new subsidiary called Juno, dedicated to issuing stablecoins across Latin America. Juno’s first stablecoin is MXNB, a peso-pegged token running on Arbitrum. Juno also offers the Juno Mint platform, connecting SPEI and bridging fiat and digital currencies for global use cases. Latin American cryptocurrency exchange Bitso has taken a significant step … Read more

Teams will use an API to build algorithms and execute market trades on FTX and CoinbasePro London-based FinTech company APEX:E3 announced yesterday that it will host an algorithmic trading competition for mathematics and computer science students from the Universities of Oxford and Cambridge. APEX:E3 is a leading multi-asset analytics provider for retail and institutional investors. … Read more