Crypto News

Solana (SOL) price traded to above $20.00, hitting $20.50 after bouncing off $18.40 earlier this month. Can bulls take advantage of positive sentiment for Solana to break higher? Solana price has reached a key technical level, with the 24-hour upside to $20.50 retesting a 10-day high that’s an area of a previous support and resistance. With nearly 4% increase in the past 24 hours, Solana is outperforming all the top ten cryptocurrencies by market cap except XRP. Bitcoin is back below $27k after latest SEC delays of decisions on multiple spot ETF applications, including that of BlackRock. Ethereum, buoyed by news of listing of the Valkyrie ETH futures ETF to near $1,700, has bounced lower too even as whales position themselves for a likely upswing. What’s the outlook for Solana, an altcoin with a market cap of $8.3 billion?  SOL price: what next for bulls? SOL price’s uptick today comes as SOL bulls plot to stay above an ascending trendline support that’s anchored at the D...

Flare blockchain, often known as the blockchain for data, has forged a partnership with Arkham, a leading provider of blockchain analytics and intelligence solutions. This collaboration, effective as of September 29th, brings Flare’s robust network data analysis capabilities into the fold of Arkham’s Intelligence Platform, offering a powerful suite of tools for Flare users. Flare meets Arkham’s advanced analytics Flare stands out as a unique blockchain platform, designed to optimize decentralized data acquisition. With decentralized oracles seamlessly integrated into its structure, Flare empowers developers with trustless access to an extensive range of data at minimal cost and on a scalable basis. This utility layer has been instrumental in expanding the utility of blockchain technology and supporting the creation of new and improved use cases. Arkham, on the other hand, is renowned for its proprietary artificial intelligence (AI) engine, ULTRA. This technology is used to algori...

Regulatory compliance issues have forced Gemini to suspend Dutch operations. Gemini is a New York-based cryptocurrency exchange. Gemini’s decision follows a similar move by Binance, which also ceased its activities in the Netherlands. Gemini , one of the leading cryptocurrency exchanges based in New York, has revealed plans to temporarily suspend its cryptocurrency services in the Netherlands. The exchange has attributed this decision to its inability to meet the stringent regulatory requirements set by the Dutch financial authority, De Nederlandsche Bank (DNB). In a letter addressed to its Dutch user base, Gemini urged customers to withdraw their assets or transfer them to alternative wallet addresses. The suspension of services is scheduled to take effect on November 17, 2023, in compliance with regulatory obligations imposed by the DNB. Gemini to re-enter the Dutch market after compliance Despite the suspension of its operations in the Netherlands, Gemini expressed its comm...

Collectibles.com is gearing up for its much-anticipated launch. Collectibles.com is a Web3 collectibles marketplace that allows collectors to buy, sell, and trade assets. Kresus Collectibles.com partnership makes Kresus the preferred wallet solution for Collectibles.com collectibles. In a strategic move set to reshape the world of collectibles and blockchain technology , leading app developer Kresus has announced its partnership with Collectibles.com, a Web3 collectibles marketplace that is set to launch in October. Kresus, renowned for its secure and user-friendly crypto wallet, has been designated as the preferred crypto wallet solution by Collectibles.com. This partnership will be pivotal in Collectibles.com’s mission to revolutionize the global collectibles industry through blockchain innovation. Collectibles.com to launch in October Collectibles.com is slated for an October launch and is poised to become the world’s first Web3 community and marketplace tailored to collect...

Maker (MKR) and THORChain (RUNE) prices rose sharply as Bitcoin retested $27k. MKR could spike towards $2k while RUNE eyes buy-side liquidity above $2.01 The cryptocurrency market flipped higher on Thursday, with gains for Bitcoin (BTC) and most altcoins sending the total market cap up by 3.1% as at the time of writing. BTC traded above $27k again, benefiting from overall positivity in risk asset markets. With stocks also edging higher following a retreat for yields and oil, two notable performers in crypto were Maker (MKR) and THORChain (RUNE). Maker price breaks to highest level since May 2022 Maker (MKR) broke higher following this week’s impressive gains, trading to intraday highs of $1,542.90 on Coinbase. Bulls were looking for a fourth consecutive green candle on the daily chart, with 24-hour gains of 6% and weekly uptick of 16%. MKR price has jumped nearly 48% in the past 30 days. Amid the gains is a surge in on-chain activity , particularly in active address count tha...

EOS Network Foundation has partnered with Upland and Aerial. The collaboration sees EOS become the first blockchain network to be “climate positive”. EOS uses a proof-of-stake (PoS) consensus mechanism. EOS Network has reached a landmark milestone among blockchain networks as its vision of a green blockchain crystalised with the latest collaboration between the EOS Network Foundation (ENF) and Upland, a Web3 platform for the metaverse. EOS is “climate positive” Although EOS was already a carbon neutral chain, ENF’s collaboration with Upland and sustainability platform Aerial to push the EOS Network from being a carbon-neutral blockchain to one that’s now “climate positive.” The move comes amid growing adoption of green energy even across proof-of-work blockchains like Bitcoin, around which there has been much debate on how to achieve more in terms of environmental sustainability. For EOS, a proof-of-stake (PoS) blockchain, becoming “climate positive” means that the network’...

The Memeinator (MMTR) has stormed past $200k a day after presale launch as sub-par memes scramble. Targeting meme coin dominance, the Memeinator seeks to leverage blockchain and AI to seek and destroy all the weak meme coins. MMTR will be available on cryptocurrency exchanges and trading platforms at the end of the presale. As the broader crypto market slowdown seen over the past few weeks continues to impact altcoins, on-chain data has shown one notable feature of memecoins – a significant drop in trader interest. Although Dogecoin, Shiba Inu and Pepe account for the most discussion rates, it appears investor attention is shifting to new projects in this space – and few look primed for the show as is the Memeinator (MMTR) . $200k presale milestone marks start of Meme “Terminator” reign Less than a day after its presale went live , the Memeinator has raised over $237,000 from global investors. The first stage, which had the native MMTR token priced at $0.01, quickly sold out a...

Bitcoin rose to $26,820 on Wednesday, trading in the opposite direction to stocks as the Dollar Index hit a 10-month high. An easing for the DXY could see Bitcoin price strengthen above the $26k base. Bitcoin (BTC) defied a surge for the Dollar Index (DXY) on Wednesday, spiking to above $26,820 in early US trading hours. The gains for the benchmark cryptocurrency buoyed the altcoin market, with several tokens seeing decent moves to push the total market cap up by about 1.5%. But as the DXY, which measures the greenback’s strength against a basket of other major currencies, hit highs of 106.83 for its highest level since November 2022, stocks moved lower. Alongside the dollar’s strength has been rising yields, with the benchmark 10-year US Treasury yield soaring to a 16-year high of 4.64%. The two-year US yield rose to 5.15% It’s a scenario that sees the stock market compound weakness seen over the past week, including Tuesday’s Dow slump that was the biggest in a single day sin...

Four House Reps. wrote a letter to SEC Chair Gary Gensler on Wednesday. They dubbed Spot Bitcoin ETF “indistinguishable” from Crypto Futures ETF. Bitcoin is still trading around the $26,000 level at writing on Wednesday. All eyes are on Bitcoin today after the U.S. lawmakers urged the Securities & Exchange Commission to “immediately” approve applications it has received for a Spot Bitcoin ETF. House Reps. wrote a letter to Gary Gensler today On Wednesday, four members of the House Financial Services Committee wrote a letter to Gary Gensler in which they argued that a Spot Bitcoin ETF is not particularly different from a Crypto Futures ETF that the regulator has already approved. And so, they urged Chair of the SEC in their letter to allow the likes of BlackRock, Fidelity and several others to list a Spot Bitcoin ETF. SEC’s current posture is untenable moving forward … there is no reason to continue to deny such applications under inconsistent and discriminatory standard...

Bitcoin Cash (BCH) remains resilient, trading at $231.43 from a recent low of $203. The BCH price surge is pegged on Bitcoin’s performance and ETF hopes. BCH’s technical analysis indicates a symmetrical triangle pattern, hinting at an imminent price move. Cryptocurrency enthusiasts and investors are closely monitoring the price movements of Bitcoin Cash (BCH) as it continues to show resilience in a volatile market. Additionally, the blockchain-based social betting platform, Chancer , is making waves with its upcoming presale. In this article, we will delve into the current state of BCH and explore the innovative features of Chancer, a revolutionary decentralized betting platform currently in its token presale phase. Bitcoin Cash price analysis Bitcoin Cash (BCH) has exhibited remarkable stability despite recent turmoil in the financial markets. At press time, BCH was trading at $230.91, up 8.58% over the last 24 hours. This is a notable rebound from this month’s low of $180 ...

Crypto insurance provider AnchorWatch has announced a $3 million round led by investment firm Ten31. AnchorWatch offers Trident Vault, a protocol native custody solution for commercial entities holding Bitcoin. The platform will use the funding to undertake key regulatory and capital requirements. AnchorWatch, a US-based provider of bespoke insurance products for commercial entities that hold Bitcoin , has closed a $3 million seed round led by Ten31, a firm that invests in companies and platforms building Bitcoin-focused infrastructure. The round attracted participation from Bitcoin Magazine ’s UTXO Management, Axiom BTC, Timechain, and Bitcoin Opportunity Fund among others. Building a protocol native custody solution AnchorWatch revealed in a press release on Tuesday that it will use the capital injection to “complete all regulatory and capital requirements.” This is part of the company’s effort to bring Trident Vault, a protocol-native custody solution meant for Bitcoin owne...

Whales often make moves that capture the attention of the entire crypto community. One such intriguing manoeuvre unfolded recently when a prominent whale decided to swap Ethereum (ETH) for Maker (MKR) , raising questions about their investment strategy and preferences.  As we delve into this notable shift, we also explore the growing interest among these influential players in DeFi tokens like Borroe.Finance ($ROE). Maker (MKR) accumulation by a whale On September 4, an address under the pseudonym “0x3737” held a substantial crypto portfolio valued at over $20.37 million. While this address engages in trades across various cryptocurrencies, what caught the eye of many was their decision to part with Ethereum (ETH) in favour of Maker (MKR).  A closer examination of the address’s holdings reveals that Ethereum was the cornerstone of their portfolio, representing over 75% of their total assets. With a whopping 10,000 ETH in their possession, equivalent to approximately $16....

KeyRock has secured anti-money laundering compliance clearance from the Swiss Financial Services Standards Association (VQF). The startup is expanding its OTC services via new on ramp/off ramp fiat currencies, including GBP and AUD. Belgian crypto market maker Keyrock has secured a key regulatory approval from the Swiss Financial Services Standards Association (VQF). The approval follows a comprehensive review of the company’s structure and processes with regard to compliance with the Swiss Anti-Money Laundering Act (AMLA) regulation . 📢 Keyrock expands its OTC services with more fiat on/off-ramp solutions. Through our Swiss VQF membership, we're now offering GBP, AUD, and 10+ other currencies alongside the standard USD and EURO. Read more about these significant milestones 👇 https://t.co/4v5SRzpftY — Keyrock 🔑🪨 (@KeyrockTrading) September 26, 2023 KeyRock expands OTC desk Compliance with AMLA guidelines is a milestone that not only ensures the crypto market make...

Gemini has revealed plans to invest $24 million in its technology and crypto hub in India.  The crypto exchange is hiring more in compliance, software engineering and support to add to its 70+ workforce at the Gurgaon center. US crypto exchange Gemini plans to invest INR 200 crore ($24 million) in its India-based development center, according to details announced today. The exchange will plough this amount into the Gurgaon technology hub over the next two years, said Pravjit Tiwana, Gemini’s CEO of Asia Pacific. Tiwana is also the cryptocurrency company’s global chief technology officer (CTO). “ India has long been regarded as a hub for bar-raising talent by the world’s top technology companies, and we are thrilled to share that we are deepening our investment in the country. Over the next two years, we plan to invest INR 200 crore ($24 million USD) to grow our development center in Gurgaon ,” Tiwana wrote in a blog release published September 26. Growing crypto and Web3 i...

Bitcoin is defending the $26k after the recent MicroStrategy’s latest BTC purchase. Concerns over the US dollar’s impact on BTC may be overstated by investors. Coinbase holds about 5% of the total bitcoin in circulation. MicroStrategy’s recent acquisition of Bitcoin worth nearly $150 million has made waves in the cryptocurrency market, causing a notable shift in Bitcoin’s price dynamics. The move was a demonstration of MicroStrategy, a prominent business intelligence firm led by CEO Michael Saylor, of its strong commitment to Bitcoin . The recent Bitcoin purchase sent ripples throughout the cryptocurrency world. A boost to Bitcoin price Before MircoStrategy’s BTC acquisition announcement, Bitcoin had briefly dipped below the $26,000 level, around which it has been hovering for a week. However, as soon as news of the purchase became public, Bitcoin price saw a significant upward movement, gaining several hundred dollars in value and hitting a daily high of $26,421.51. In addi...

Key takeaways Bitcoin continues to trade below $26,500 despite MicroStrategy’s latest BTC purchase. Chancer’s stage two presale has now surpassed the $2.2 million mark. The cryptocurrency market began the week in a bearish mode, with prices of most coins and tokens in the red zone over the last few days. However, that hasn’t halted Chancer’s presale as it continues to hit new milestones. MicroStrategy purchases 5,445 bitcoins Michael Saylor’s MicroStrategy has continued its foray into the cryptocurrency market by acquiring more bitcoins. The company announced the  purchase of 5,445 bitcoins on Monday for $147.3 million at the average price of $27,053 per coin. MicroStrategy now holds 158,245 bitcoins acquired for a total of $4.68 billion. Despite MicroStrategy’s acquisition of over 5,000 bitcoins, BTC’s price continues to underperform. At press time, the  price of Bitcoin stands at $26,273, up by less than 1% in the last 24 hours. Bitcoin has lost more than 2% of...

At the time of writing, Shiba Memu presale had raised $3,242,388.49. One Shiba Memu (SHMU) token is going for 0.029800 USDT although expected to sell at 0.030025 USDT in the next presale stage. The Celsius bankruptcy case is nearing its end after creditors approved the lender’s reorganization plan. In a whirlwind of developments within the cryptocurrency landscape, two distinct narratives have emerged that are capturing the attention of the crypto community. Shiba Memu, a revolutionary meme token with AI-powered marketing capabilities, is making waves with a token presale that has reached a staggering $3.2 million. At the same time, Celsius, a crypto lender that faced bankruptcy, has received approval from its creditors for a reorganization plan that promises to return a substantial portion of holdings to investors. Here, we delve into these two intriguing stories. Shiba Memu redefining meme tokens In the ever-evolving world of cryptocurrencies, meme tokens have carved out the...

Binance announced on Monday, September 25, that it had reopened customer registrations in Belgium. The exchanges products and services are also accessible in the country to customers who accept new Terms of Use. Binance had halted operations in the country in August, directing customers to a Polish entity. Binance, the world’s largest cryptocurrency exchange by trading volume, has announced that new customer registration and access to products and services is now reopened in Belgium. The announcement comes nearly a month since the exchange notified its customers that access to Belgian customers would be available via Binance Poland. That move followed an order from the Belgium market regulator warning Binance not to offer its services in the country. Great news for our Belgian community 🇧🇪 We've now reopened registrations and access to #Binance products and services in Belgium. https://t.co/IActiqYMjm — Binance (@binance) September 25, 2023 As CoinJournal reporte...

Arkham announced it identified nearly $25 billion in Bitcoin in crypto exchange Coinbase’s portfolio. The BTC holdings are approximately 948,000, closer to the 1 million BTC of Satoshi Nakamoto. Coinbase is thus the world’s largest known Bitcoin entity, Arkham analysts said on X. Blockchain intelligence firm Arkham has reported that  Coinbase  holds Bitcoin (BTC) worth about $25 billion, making the cryptocurrency exchange the world’s largest entity holding the flagship digital asset. Arkham says Coinbase holds nearly 1 million BTC Arkham’s  announcement  on Friday was that it had identified nearly 1 million BTC on-chain for Coinbase reserves, with this making the US-based crypto behemoth “the largest Bitcoin entity in the world on Arkham.” The holdings account for about 5% of all bitcoin in existence and means the exchange’s BTC is nearly as much as that attributed to Bitcoin creator Satoshi Nakamoto. Arkham has now identified $25B of Coinbase Bitcoin reser...

MicroStrategy says it acquired the additional 5,445 bitcoins for $147.3 million at the average price of $27,053 per coin. The company now holds 158,245 bitcoins acquired for a total of $4.68 billion. MicroStrategy Inc. (NASDAQ: MSTR), a leading finance software company, has added to its Bitcoin (BTC) haul again. In crypto news shared on Monday by Michael Saylor, the company’s founder and chairman, MicroStrategy recently acquired an additional 5,445 bitcoins to bring its total BTC holdings to over 158k. MicroStrategy now holds 158,245 bitcoins According to a filing with the US Securities and Exchanges Commission (SEC), MicroStrategy purchased the BTC for $147.3 million, acquiring each coin at the average price of $27,053. Per the document, the company now holds 158,245 BTC, which was cumulatively acquired for $4.68 billion. The average price of the entire acquisition is $29,582 per bitcoin. Saylor shared the news on his official X account on Monday. MicroStrategy has acqui...

At press time, the Moonbeam (GLMR) token was trading at $0.2601, up 56.29% in a day. Moonbeam’s trading volume has also surged by 1937.22% over the last 24 hours. Upbit Exchange has announced that it will list the GLMR token. Moonbeam’s native token, GLMR, has surged by an impressive 56% in the last 24 hours, currently trading at $0.2601 on various spot trading platforms. This remarkable price action is generating significant buzz within the altcoin market. What’s driving this surge is the recent announcement that GLMR is set to be listed on Upbit, one of South Korea’s leading cryptocurrency exchanges, known for its pivotal role in token expansion. Upbit to list Moonbeam (GLMR) token Upbit’s decision to list GLMR has far-reaching implications, given South Korea’s stature as a major hub in the digital currency trading world. This listing has ignited excitement across the crypto industry, as it opens doors to a vast and influential market. Moonbeam, as a prominent protocol withi...

Worldcoin (WLD) has announced that more than 200,000 people in Chile have signed up for World ID. The project, co-founded by OpenAI CEO Sam Altman, has come under increased scrutiny over data collection and privacy concerns. Worldcoin (WLD) announced on September 24 that more than 200,000 Chileans have signed up and completed verification for its World ID. The number of sign-ups for the digital identity protocol exceeds 1% of the country’s population, which stands at around 19.5 million, the Worldcoin team noted. Amid the growing demand in Chile, Tools for Humanity – a developer group contributing to the development and adoption of Worldcoin – has added the biometric imaging devices (Orbs) to two other locations in Chile.  Other than the capital Santiago, the iris scanners are now located in the cities of Vina del Mar and Concepcion. Worldcoin faces regulatory scrutiny Worldcoin, co-founded by OpenAI CEO Sam Altman and which went live in July this year, says more people a...

A whirlwind of price fluctuations, breakthroughs, and transformative developments shape the crypto landscape. One such development has been the recent struggles of Litecoin (LTC) juxtaposed with the promising potential of InQubeta ($QUBE). While the LTC charts forecast a potentially tricky path ahead, all eyes are on the new ICO, QUBE, which is gearing up for a possible 6000% surge. InQubeta ($QUBE): the AI investment revolution Before diving deep into the Litecoin narrative, it’s crucial to introduce one of the best ICOs in 2023 :  InQubeta . This crowdfunding platform is setting the stage to change how we view AI-driven investment opportunities. The ethos behind InQubeta revolves around democratizing access to AI startup investments, a field historically dominated by big players. With an intention to transform the landscape and make it accessible to everyday investors, InQubeta is gearing up to be more than just another good crypto to buy ; it’s an entire movement. QUBE, wit...

Arkham announced it identified nearly $25 billion in Bitcoin in crypto exchange Coinbase’s portfolio. The BTC holdings are approximately 948,000, closer to the 1 million BTC of Satoshi Nakamoto. Coinbase is thus the world’s largest known Bitcoin entity, Arkham analysts said on X. Blockchain intelligence firm Arkham has reported that  Coinbase  holds Bitcoin (BTC) worth about $25 billion, making the cryptocurrency exchange the world’s largest entity holding the flagship digital asset. Arkham says Coinbase holds nearly 1 million BTC Arkham’s  announcement  on Friday was that it had identified nearly 1 million BTC on-chain for Coinbase reserves, with this making the US-based crypto behemoth “the largest Bitcoin entity in the world on Arkham.” The holdings account for about 5% of all bitcoin in existence and means the exchange’s BTC is nearly as much as that attributed to Bitcoin creator Satoshi Nakamoto. Arkham has now identified $25B of Coinbase Bitcoin reser...

Base’ has outpaced established networks like Solana proving its growing prominence in the DeFi landscape. Base’s remarkable rise is driven by projects like Aerodrome Finance and Friend.tech. Base has also enjoyed an impressive increase in transaction volume. Coinbase’s layer 2 network, Base, has witnessed an astounding surge in its Total Value Locked (TVL), hitting approximately $397.32 million within just a month and a half since its August launch . This meteoric rise has propelled Base ahead of Solana, whose TVL currently stands at $358.96 million. In the past 30 days alone, Base’s TVL surged by a staggering 97.21%, as evident on DeFiLlama , while Solana experienced a 9.64% decrease in TVL during the same period. Interestingly, the surge comes even after Base suffered an outage at the beginning of September. Screenshot from DefiLlama Blockchain projects launched on Base Within Base’s TVL, two native projects have played a pivotal role. Leading the charge is the decentralize...

The crypto market is stirring with excitement after Glassnode founders made a bold prediction regarding Bitcoin’s future price trajectory . According to the founders of this top analytics firm, Bitcoin could soon potentially reach $30,000, which has sparked discussions and heightened enthusiasm. Additionally, other top altcoins making waves in the crypto landscape are Ripple ($XRP) , Chainlink ($LINK) , and InQubeta ($QUBE) , which are poised for a monumental rise. This article will delve into the bullish price prediction of Bitcoin. Further, it will explore the promising trajectory of $XRP, $LINK, and $QUBE, including why they are the best cryptos to invest in. InQubeta ($QUBE): predicted strong surge in 2023 InQubeta and its native utility token, $QUBE, have generated significant interest in the crypto community. With its innovative ecosystem and novel concept, it aims to transform the most disruptive invention of this century: artificial intelligence (AI). By leveraging blockch...