Crypto market

After the collapse of FTX, Binance founder CZ Zhao initiated the Industry Recovery Initiative (IRI) with the goal of raising $1 billion to help struggling crypto startups. However, the IRI has faced challenges in deploying its funds and fulfilling its commitments. Despite the ambitious $1 billion ...

Recent developments in the crypto space in Hong Kong could potentially boost cryptocurrency activity in East Asia, which has been impacted by China's ban on trading activities since 2019. According to a report by Chainalysis, cryptocurrency value received in East Asia accounted for just 8.8% of the ...

Bitcoin Price Analysis for October: What to Expect October historically has been a significant month for Bitcoin in terms of price action. On average, Bitcoin experiences a 17% price increase during this month, excluding the early and more volatile years of its existence. When examining pr ...

Chainlink (LINK) has experienced a significant rally over the past two weeks, with its price rising by more than 32% and approaching the $8 mark. However, there are signs that a correction could be on the horizon before further gains are possible. Here are some key points to consider regarding Ch ...

Chainlink (LINK) has been experiencing a surge in on-chain activity, coinciding with a significant price increase since September 18, 2023. This surge in LINK's price began when reports emerged about a major bank partnering with Chainlink to test the cross-chain interoperability of an Australian dol ...

Bitcoin (BTC) has begun the last week of September by retesting the $26,000 support level as the cryptocurrency continues to trade in a narrow range. Despite a relatively uneventful week in terms of macroeconomic events, Bitcoin faces potential market-moving events in the days ahead. The weekly c ...

The cryptocurrency market recently witnessed a significant uptick, with Curve DAO (CRV) experiencing an impressive 14% surge in its price on Friday. This surge has captured the attention of market enthusiasts and observers, primarily due to the activities of a mysterious whale wallet. This particula ...

The recent resurgence in Bitcoin's dominance within the cryptocurrency market has raised several questions about its implications for the broader crypto landscape. Bitcoin dominance is a key metric, representing the proportion of the total cryptocurrency market capitalization held by Bitcoin. When B ...

Throughout its history, Bitcoin has been no stranger to dramatic price fluctuations and pivotal moments. As we approach the next Bitcoin halving event, an intriguing historical pattern emerges, hinting at a potentially bullish scenario with a price target of $48,700. The Bitcoin halving event, wh ...

Cardano (ADA) has faced a challenging period in terms of profitability for its holders in 2023. Data from the on-chain tracking website IntoTheBlock indicates that ADA has underperformed compared to other cryptocurrencies in the top 10, with a significant drop in profitability for its investors. ...

Meme Coin Market Update: Pepe Faces Ongoing Decline, HarryPotterObamaSonic10Inu Surges, and Wall Street Memes Nears Presale Conclusion The meme coin market is buzzing with activity this week, featuring notable gains and the highly anticipated Wall Street Memes presale approaching. Here's a closer ...

An analyst known as DonAlt, who correctly predicted the bottom of the Bitcoin (BTC) market in 2022, believes that BTC has the potential to experience a significant rally and reach a new yearly high in 2023. DonAlt suggests that if Bitcoin breaks through the current resistance level, it could target ...

Ashley Prosper, a prominent member of the XRP community, recently shared an issue he faced on the Uphold cryptocurrency exchange. When attempting to withdraw crypto assets to various wallets, he encountered an error message stating, "Sorry, your transaction could not be processed. There was an issue ...

ApeCoin (APE) has experienced a significant price decline, falling by nearly 85% from its peak of $6.437 in January. The cryptocurrency is facing a potential challenge as a cliff token unlock event is scheduled for September 17, where 40.60 million APE tokens, valued at approximately $46.69 million, ...

Ethereum Price Faces Uphill Battle, Potential Reversal to $1,500 Looms Ethereum's price is currently in a recovery phase, attempting to break above the $1,580 mark against the US Dollar. However, the $1,620 resistance level presents a formidable challenge, raising the possibility of another downw ...

The bankrupt crypto exchange FTX is under scrutiny again, as it may receive court approval as early as September 13 to liquidate approximately $3.4 billion in assets. This development has raised concerns in the crypto community about the potential for a massive market crash. However, FTX's court ...

Circle, a prominent issuer of USDC (USD Coin) stablecoins, has unveiled the introduction of its flagship asset on the BASE network. This expansion allows developers and customers to seamlessly leverage their Circle accounts and Circle APIs to access USDC on the BASE network. Circle emphasizes tha ...

Bitcoin's Ascending Trajectory: Paving the Way to $200,000? In the unpredictable realm of cryptocurrencies, Bitcoin has displayed remarkable consistency by adhering to a long-term upward trendline dating back to 2017. At each approach to this trendline, it has elicited robust bullish responses, b ...

India is currently in the process of crafting a comprehensive cryptocurrency regulatory framework. This framework is being developed based on the joint recommendations of the International Monetary Fund (IMF) and the Financial Stability Board (FSB). Unlike the previous consideration of an outright b ...

As the cryptocurrency industry navigates a period of sideways trading, it presents an opportunity for investors to consider their options carefully. While some digital assets may appear appealing, it's essential to exercise caution, as not all cryptocurrencies are equally sound investments. Finbo ...

The Peril of Holding Solana Amidst FTX's Imminent Liquidation Reports suggest FTX is preparing to offload $628 million worth of Solana. Anticipated market repercussions could drive Solana's price down to the $5-$8 range. Investors with holdings in SOL may be expo ...

Shiba Inu (SHIB) has recently captured the attention of the cryptocurrency community due to a remarkable price cluster. This cluster encompasses a staggering 5.5 trillion SHIB tokens, piquing the curiosity of both investors and analysts alike. But what exactly makes this price cluster so significant ...

It seems that Ripple and the Securities and Exchange Commission (SEC) will only be available for further negotiations in the second quarter of 2024, and thus only after the Bitcoin (BTC) halving. So what could this mean for the XRP price action? Wh ...

CryptoQuant Research Head Weighs in On Possibility of Binance Bank Run, Citing On-chain Data CryptoQuant Head of Research Moreno has provided data addressing concerns of a bank run on Binance amid growing allegations surrounding the exchange. Am ...

Avalanche price prediction: Brace for more AVAX dilution Avalanche’s token has been in a strong bearish trend in the past few months. The token ...

Top derivatives trading platform Bitget Exchange has announced plans to enhance its Know-Your-Customer (KYC) policy with the core intention of providing more security for its users. Bitget is also undergoing this adjustment to comply with global cryptocurrency regulatory requirements and establis ...

A mysterious Bitcoin wallet has surged up the ranks to become the third-largest holder of Bitcoin (BTC) in the world in just over three months, with the timing sparking some wild theories about its owner. According to data from crypto statistics platform BitInfoCharts, the wallet address first re ...

As Bloomberg reports, citing sources familiar with the situation, the U.S. Securities and Exchange Commission (SEC) is poised to approve the first applications for ether futures ETFs. The sources said it is not yet possible to say which funds will get approval, but there could be several approved ...

Binance, the largest cryptocurrency exchange, announced that it will launch a new cryptocurrency trading platform in Japan this summer that will meet local regulatory requirements. Exchange executives explained that as part of Binance Japan's launch, the international platf ...

Cryptocurrency investment platform Bitlucky from Croatia announced the closure of the business, explaining it by a number of failed deals. Investor losses are estimated at $75 million. After receiving numerous complaints, police launched an investigation into Bitlucky. ...

PeckShield reports that observations by its experts show that a series of scams involving the launch of about 24 memtokens have occurred in the past ten days. PeckShield analysts warn cryptoinvestors, who succumbed to the urge to earn on the rush of memtokens, of the dang ...

This is part of a new IRS-CI program It launches next month The IRS Investigations Division (CI) is introducing a cybercrime pilot program in June. They will send their representatives (cyber-attaches) to four continents. These specialists will fight tax and f ...

Any value market has its own fraudulent schemes. Precious stones, for example, are synthesized and paper bills are counterfeited. There are similar schemes in the crypto market. One of them is ragpolls. What is a ragpull Talking ...

Popular cryptocurrency analyst nicknamed Pentoshi believes that blockchain games will be the fastest growing industry during the next growth cycle of the cryptocurrency market. Pentoshi bases his opinion on the fact that it is easier for cryptocurrency games to be the drive ...

The BeInCrypto editorial staff compiled the top list of altcoins that showed the highest gains during the week of May 12-19 The list of altcoins that were lucky this week, despite the overall bearish mood of the crypto market, includes: Re ...

Specialists at analyst firm Bernstein Research expect that zero bank deposit rates will spur public interest in steaking ether, and this will give rise to a new bull cycle in the crypto market. A new Bernstein report by analysts Gautam Chhugani and Manas Agrawal argues th ...

This includes steaming, commission-free USDC buying, training and more Cryptoexchange is expanding in the region Coinbase Global has added new services for Singaporean customers. Now they can buy USDC without commissions for the local currency Singapore dollar (S ...

There will be new legislation The new law will not allow crypto-asset creators to own crypto-platforms Companies will have public and independent audits New York State Attorney General Letitia James continues to take steps to regulate the cryptocurren ...

The hottest event of the last two days is just off the charts commissions on the Ethereum network. Yesterday, a typical transaction cost an average of $100+ of gas. Against this backdrop, the difficulty of mining bitcoin has declined, and the memcoin Pepe has simply torn the market, eclipsing eve ...

The Bitget cryptocurrency exchange has become the fastest growing in the CIS. In just one year, the number of users has almost doubled, and already exceeds 8 million. Gleb Jowett, the head of Bitget in Eastern Europe, explained the exchange's nearest plans and why it is worth to become a partner ...

A tsunami of liquidations to the tune of $125 million swept through the crypto market. Altcoin capitalization (TOTAL2) fell sharply this week, losing most of its gains the week before The market has been downgraded ...

Polygon (MATIC) rose on positive market reaction to Ethereum's successful network update, but its long-term prospects remain uncertain and it remains to be seen whether the bulls will be able to avoid a significant correction MATIC is the native token of the Polygon network, a popular second-leve ...

In a recent video on the DataDash channel, a crypto analyst cautioned investors to sell their bitcoin as the cryptocurrency market seems to be overbought. The analyst, Nicholas Merten, argued that BTC has experienced an increase of nearly 100% since November 2022 and is likely to face a resistanc ...

The editors of BeInCrypto compiled a top list of altcoins that showed the maximum increase for the week from March 24 to March 31 In addition to Ripple, the list of these altcoins includes: Ripple (XRP) +23.68% Stellar (XLM) +20.35% Con ...

In March, the cryptocurrency industry faced a significant test as three banks, SVB, Silvergate, and Signature, collapsed, causing a chain of events that once again highlighted the importance of securing stablecoins and gave momentum to the growth of Bitcoin. The collapse of SVB was initially pred ...

Nansen, a blockchain research platform, has recently reported that the USDC stablecoin has undergone significant changes after burning almost $3 billion worth of tokens, causing the coin to rise back to its previous value of $0.97. The reason behind the sudden dip in the value of USDC was attribu ...

In March, the crypto market may experience volatility with Ripple's (XRP) rate, while Ethereum (ETH) may strengthen against Bitcoin. Additionally, Stacks (STX) are predicted to continue their rapid growth trend. The crypto market had a bullish February 2023, and the upcoming month of March may fo ...