The native asset of the world’s largest crypto exchange platform by volume is spiking as new data reveals that Binance onboarded 40 million new users in 2023. According to Binance’s 2023 end of year report, the crypto exchange increased its number of new users by 30% compared to 2022 despite a year rife with regulatory …
Monthly archives: December 2023
MicroStrategy Continues Bitcoin Buying Spree, Gobbles Up Another $615,700,000 Worth of BTC
Business intelligence firm MicroStrategy has now amassed over $8 billion worth of Bitcoin (BTC) following its recent haul of the flagship crypto asset. In a post on social media platform X, MicroStrategy co-founder and executive chairman Michael Saylor says the company just bought another 14,620 BTC for around $615.7 million. The world’s largest institutional holder …
Smtcap.com Review (SMT Capital): Regulations, Platforms, and Features Review
In the world of online trading, finding a platform that offers an all-encompassing trading experience can be a game-changer. SMT capital – Top Trading platform or a scam? Smtcap.com has earned its reputation as a versatile and powerful trading companion, and in this review, we’ll dive into even more aspects of this dynamic platform that …
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Avalanche Foundation’s memecoin acquisition plan prompts 200% rally in meme token prices
Several Avalanche-based memecoins are up more than 100% today after the blockchain network’s Foundation revealed plans to start buying this class of digital assets through its Culture Catalyst initiative. Memecoin purchase goals In a Dec. 29 post on social media platform X (formerly Twitter), Avalanche Foundation said it would purchase “select Avalanche-based meme coins to …
Bitcoin’s volatile year yields $90 billion in profits amidst $53 billion in losses
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End-of-year stablecoin cap rally mirrors Bitcoin’s price uptick
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Current Bitcoin cycle outpaces previous market trends while cautiously eyeing historical retracement risks
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The end-of-year decline in hash rate sparks debate over miner sell-offs
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OKX delisting triggers price fall for privacy coins Zcash and Monero
The price of several privacy-focused cryptocurrencies, including Zcash (ZEC) and Monero (XMR), fell the past day after crypto exchange OKX said on Dec. 29 that it would delist them on Jan. 5 because they do not align with its listing criteria. Data from CryptoSlate shows that the entire ‘privacy cryptos’ sector witnessed a decline of …
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Ethereum Rival That’s Exploded 900%+ Year-to-Date Primed To Go Higher, Predicts Top Trader – Here Is His Target
A top crypto strategist says that one Ethereum (ETH) competitor may be setting the stage for another explosive move to the upside. Pseudonymous trader Bluntz tells his 233,800 followers on the social media platform X that Solana (SOL) appears to be in the midst of an ABC corrective pattern. Bluntz utilizes the Elliott Wave theory …
Here’s When Bitcoin Could Start To ‘Really Take Off,’ According to Crypto Investor Nic Carter
Castle Island Ventures founding partner and Coin Metrics co-founder Nic Carter is predicting when Bitcoin (BTC) could start soaring again. In a new Bloomberg Television interview, Carter says he believes Bitcoin will take off in price months after the possible approval of spot Bitcoin exchange-traded funds (ETF) in the US. “Well, of course, there’s tax selling …
Crypto Trader Predicts 50%+ Surge for Polygon Rival, Says Cardano Setting Stage for Potential Rally
Trader and analyst Ali Martinez says the technicals for two altcoins are looking bullish as the total crypto market cap reaches a 19-month high. Starting with Polygon (MATIC) rival Optimism (OP), Martinez tells his 38,100 followers on the social media platform X that the Ethereum layer-2 crypto project has formed an ascending parallel channel on …
Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approval
As the anticipation of the approval of a spot Bitcoin ETF finally comes to a head, the Ark 21Shares Bitcoin Trust has made 16 significant clarifications and additions to its S1 filing across several areas, ranging from operational processes to financial responsibilities and regulatory aspects, providing a more explicit, more detailed framework for the ETF’s …
Musk claims Tesla developing efficient ‘mini AGI’ for self-driving car future
Tech billionaire Elon Musk revealed that electric carmaker Tesla is developing artificial general intelligence (AGI) for its Full Self-Driving (FSD) vehicles, a significant step in achieving complete self-driving capabilities. In a Dec. 29 post on X, Must stated: “It is increasingly clear that all roads lead to AGI. Tesla is building an extremely compute-efficient mini …
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Financial markets on edge as Bitcoin spot ETF decision looms, ETF inflows surge
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