Crypto exchange Binance said it could delist three privacy tokens, including Zcash (ZEC), Monero (XMR), and Horizen (ZEN), because they are at risk of no longer meeting its listing criteria, according to a Jan. 4 statement. As such, the exchange placed a “Monitoring tag” on these privacy tokens and other digital assets like Aragon, Firo, …
Monthly archives: January 2024
Visa unveils web3 loyalty platform allowing brands to create custom branded crypto wallets
Visa has revealed a new web3 loyalty engagement solution designed to meet modern consumers’ evolving digital needs, offering immersive experiences like gamified rewards, augmented reality treasure hunts, and novel ways to utilize loyalty points. The promotional video for the service states that “traditional loyalty programs are simply an exchange of spend and reward, but consumers …
Bitcoin’s slide reveals short-term investors transferring $1 billion in losses
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‘Big Short’ Investor Steve Eisman Predicts Fed Flips Hawkish in 2024, Says US Banks May Pay the Price
“Big Short” investor Steve Eisman, who predicted the 2008 housing crisis, believes that the Fed will not cut rates this year as many expect. In a new interview on CNBC’s Fast Money, the Neuberger Berman senior portfolio manager says that major US banks could suffer if the Fed remains hawkish in 2024. “Let’s pick on …
Trader Says Ethereum-Based Blue Chip Altcoin Could Explode Over 100%, Updates Outlook on Bitcoin and Chainlink
Crypto trader and analyst Ali Martinez is expressing a bullish outlook on a top-20 Ethereum (ETH) altcoin. Martinez tells his 39,200 followers on the X social media platform that the Ethereum layer-2 network Polygon (MATIC) could appreciate by up to 115% from the current level. According to Martinez, Polygon is forming a symmetrical triangle pattern …
Crypto Is Probably at the Start of a Bull Market, Says Investor Brian Kelly – Here’s How Long It Could Last
Investor Brian Kelly believes a bull market that will last for more than one year has begun for the cryptocurrency market. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says that there are several indicators to be bullish on crypto. “When we talk about stocks, …
Bitcoin largest one-day plunge in nearly a month liquidated over $700 million
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Bitcoin miners increase capacity though Inscription-fueled transaction fee surge cools ahead of halving
Cipher Mining and Stronghold Digital started the new year by announcing significant expansions in their Bitcoin mining capabilities, scaling up operations in response to changing market dynamics. These developments come as Bitcoin miners adapt to an evolving landscape where transaction fees, bolstered by new technologies like Inscriptions, are increasingly vital in revenue generation. Bitcoin transaction …
Bitcoin on the Cusp of a Pullback? Analyst Kevin Svenson Says BTC Could See ‘Ugly Liquidations’ if This Happens
Cryptocurrency analyst and trader Kevin Svenson is warning that Bitcoin (BTC) could undergo a significant correction before revisiting the all-time high. Svenson tells his 71,200 YouTube subscribers in a new video that Bitcoin is in overbought territory on the weekly chart based on the Relative Strength Index (RSI) indicator. The RSI measures the price momentum …
Bitcoin address momentum drops as market eyes ETF prospects
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Crypto community divided as UniSat Wallet adopts Ordinals Jubilee upgrade proposal
UniSat Wallet recently confirmed its alignment with the upcoming Ordinals Jubilee upgrade amid a broader discussion about the evolution and governance of the BRC-20 token standard, which operates on the Ordinals Protocol. UniSat Wallet, known for its role in the Ordinals marketplace, announced plans to adhere to the Ordinals Jubilee upgrade, ensuring that the BRC-20 …
Polymarket ETF odds fell to 70%, BTC saw 8% flash crash amidst Matrixport prediction
Betting odds on Polymarket concerning the approval of pending spot Bitcoin exchange-traded funds (ETFs) briefly fell to 70% on Jan. 3. On whether a spot Bitcoin ETF will be approved by Jan. 15, Polymarket displayed a “yes” outcome as priced at $0.70 at 1:30 p.m. UTC on Jan. 3. Polymarket data and various other reports …
Analyst Predicts ‘Mind-Blowing’ Parabolic Leg for Solana, Names One Altcoin That Could Outperform Other Coins
A crypto strategist who nailed the Bitcoin’s (BTC) price floor during the 2018 bear market thinks Solana (SOL) is gearing up for a steep move to the upside. Pseudonymous analyst Bluntz tells his 234,400 followers on the social media platform X that Solana appears to be forming a bullish reversal pattern on the one-hour chart. …
Crypto Futures Razed To Ground As $659 Million Rekt With Bitcoin Crash
Data shows the cryptocurrency futures sector has gone through a mass liquidation event in the past 24 hours as Bitcoin has witnessed a sharp crash. Crypto Futures Liquidations Have Added Up To $659 Million In Past Day The cryptocurrency market has seen sharp price action during the past 24 hours. As is usually the case …
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From Bullish To Bearish, Bitcoin Plunges More Than 6% Amid Matrixport’s Contradictory Reports
Matrixport, a crypto financial services platform, has recently made headlines with the release of two conflicting articles on January 2nd about the future of Bitcoin (BTC). The first publication, radiating optimism, projected that Bitcoin’s price could soar to $50,000 in January, spurred by the potential approval of Bitcoin spot exchange-traded funds (ETFs). This bullish stance …