Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …

Bitcoin Price Rally Faces Key Resistance: Will Whale Shorts Trigger A Market Pullback?

Este artículo también está disponible en español. As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning …

XRP Price Prediction: Crypto Pundit Predicts Historical 9,468% Pump To $27

Este artículo también está disponible en español. A new XRP price prediction by popular crypto pundit Egrag Crypto projects that the cryptocurrency could experience a historical price surge of about 9,468%. This predicted price gain would push XRP from its current price of $0.58 to $27, marking new All-Time Highs (ATHs).   XRP Price Forecasted To …

Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing …

Solana Active Addresses Hit 75 Million As SOL Breaches $140

Este artículo también está disponible en español. Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses. The surge speaks to growing popularity of the network, especially in areas like developer and user activity within the decentralized applications (dApps), DeFi, and NFT sectors. Related Reading With such an increase in Solana’s …

Layer-1 Zero-Knowledge Platform Leaps After Sudden Surprise Coinbase Listing

The native token of a privacy-focused zero-knowledge layer-1 blockchain is on the rise after being listed on the top US crypto exchange by trading volume. Less than 24 hours ago, Coinbase listed Aleo (ALEO) under the experimental label. “Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” The experimental …

Terraform Labs secures court approval to wind-down operations after settling with SEC

Terraform Labs received court approval to wind down its operations in bankruptcy after settling a US Securities and Exchange Commission (SEC) lawsuit, Reuters reported Sept. 19. US Bankruptcy Judge Brendan Shannon approved Terraform’s bankruptcy plan in Wilmington, Delaware, calling it a “welcome alternative” to further litigation over investor losses. The court approval represents the final …

Louisiana continues pro-crypto push with option to pay state agencies in Bitcoin, USDC

Louisiana has implemented a new option for residents to make payments to state agencies using Bitcoin and Circle’s stablecoin USDC, according to a Sept. 18 press release. The Louisiana Department of Wildlife and Fisheries will be the first agency to accept these payments, with the possibility of expansion to other state departments in the future. …

TON blockchain sees explosive 3,435% growth in daily active addresses over 2024

The Open Network (TON) blockchain has experienced a significant surge in its on-chain metrics in 2024, with trading volume, total value locked, active users, and daily transactions all growing considerably. According to Artemis data, the daily average trading volume on TON’s decentralized exchanges (DEX) rose from a little over $2 million to $17.2 million in …

SEC seeks 4-month extension for fact discovery in Coinbase lawsuit

The US Securities and Exchange Commission (SEC) has requested a four-month extension to complete fact discovery in its lawsuit against Coinbase. In a letter submitted to Judge Katherine Polk Failla on Sept. 18, the SEC asked to move the current discovery deadline from Oct. 18 to Feb. 18, 2025. The agency said the extension would allow …

Analysts predict Bitcoin volatility spike as market aligns like a ‘coiled spring’

Bitcoin’s (BTC) spot volume hit $16 billion on Sept. 18 following the US Federal Reserve confirming a 50 basis point interest rate cut. According to FalconX head of research David Lawant, the high volume paired with the liquidity setup shown in the past six months could be a sign of impending high volatility. ‘Coiled spring’ …

Ethereum core devs agree to split ‘Pectra’ upgrade into multi-phase rollout

Ethereum developers agreed to take a multi-phase approach in implementing the highly anticipated ‘Pectra’ upgrade during the latest Consensus Layer Meeting on Sept. 19. The decision comes after growing concerns about the complexity of delivering the upgrade in one release, which increased the risk of technical issues and bugs. The phased approach will ensure a smoother …

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