Cryptocurrency news

• Helium (HNT) Investors Join Mpeppe’s ICO as Ethereum (ETH) Whales Show Support For The 200x Gem

  15-09-2024 15:00 via newsbtc.com
  
  Helium (HNT) has seen a remarkable surge in 2024, gaining the attention of many investors in the decentralized internet space. As Helium continues its upward momentum, many of its investors are exploring new opportunities in the market, including the promising Mpeppe (MPEPE) ICO. Notably, Ethereum (ETH) whales have also shown significant support for Mpeppe, solidifying its position as a 200x gem in the making.
  Helium’s Role in Decentralized IoT Networks
  Helium (HNT) is a key player in dece
  
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• XRP Price Gains Fade Once Again: Will Support Hold?

  08-11-2024 05:08 via newsbtc.com
  
  XRP price gained pace for a move above the $0.5500 support zone. The price rallied toward $0.5780 resistance and then quickly faded most gains.XRP price is losing pace above the $0.5500 zone.
  The price is now trading above $0.5320 and the 100-hourly Simple Moving Average.
  There is a key bullish trend line forming with support at $0.5360 on the hourly chart of the XRP/USD pair (data source from Kraken).
  The pair could start a fresh increase if it stays above the $0.5250 support zone.XRP Price Eye
  
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• Binance Hits $8.3B Open Interest High—Here’s What It Signals For the Crypto Market

  08-11-2024 05:00 via newsbtc.com
  
  Binance, one of the world’s largest crypto exchanges, has achieved a new milestone as its open interest (OI) surged to an all-time high (ATH) of $8.3 billion, according to a report by CryptoQuant analyst Burak Kesmeci.
  This increase, representing a 10.24% growth over the past 24 hours, emphasizes Binance’s substantial share of global crypto futures positions.
  The surge in OI also highlights Binance’s influence on market trends, given that it now accounts for roughly 35% of all
  
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• Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market

  08-11-2024 04:33 via cointelegraph.com
  The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase. 
  
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• BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high

  08-11-2024 04:31 via cointelegraph.com
  BlackRock’s spot Bitcoin ETF has surpassed $1 billion in inflows for the first time since its launch in January.
  
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• Ethereum Price Rise Targets $3,000: Will It Cross the Mark?

  08-11-2024 04:28 via newsbtc.com
  
  Ethereum price started a fresh increase above the $2,720 resistance. ETH is up over 10% and now approaches the key barrier at $3,000.Ethereum started a fresh surge above the $2,720 resistance zone.
  The price is trading above $2,750 and the 100-hourly Simple Moving Average.
  There is a new connecting bullish trend line forming with support at $2,820 on the hourly chart of ETH/USD (data feed via Kraken).
  The pair could continue to rise if it clears the $2,950 resistance.Ethereum Price Extends Its I
  
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• Bitcoin Price Advances Again: Can Bulls Push It Even Higher?

  08-11-2024 03:40 via newsbtc.com
  
  Bitcoin price is gaining pace above $75,000. BTC is rising and might aim for a move above the $77,000 resistance zone in the near term.Bitcoin started a fresh surge above the $74,500 zone.
  The price is trading above $74,000 and the 100 hourly Simple moving average.
  There is a connecting bullish trend line forming with support at $75,450 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  The pair could continue to rise above the $76,200 resistance zone.Bitcoin Price Sets Another ATH
  
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• Ethereum L2 Project Spark Launches On-Chain Order Book On Fuel Network To Enhance Trading

  08-11-2024 03:30 via newsbtc.com
  
  Spark, a decentralized trading protocol, announced the first fully on-chain order book for the Ethereum ecosystem. Launching on Fuel Network, the project aims to provide solutions for some of the limitations in the Decentralized Finance (DeFi) landscape and offer traders fast, secure, and transparent trading with minimized state and reduced storage.Spark Brings First On-Chain Oder Books To The Ethereum Ecosystem
  Decentralized trading protocol Spark is launching the Ethereum ecosystem’s fir
  
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• Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets

  08-11-2024 02:52 via coindesk.com
  
  The U.S.'s Republican Party seems set to keep control of the House of Representatives, completing its trifecta after flipping the Senate and White House in the 2024 election cycle — confirming odds on betting site Polymarket.
  
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• Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

  08-11-2024 02:21 via cointelegraph.com
  Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses.
  
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• Detroit residents will be able to pay taxes with crypto from mid-2025

  08-11-2024 02:13 via cointelegraph.com
  Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.
  
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• Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go?

  08-11-2024 02:00 via newsbtc.com
  
  Analyst Tony Severino has revealed that the Bitcoin price currently has a ceiling of $137,000. This has raised questions about whether this is the highest point that the flagship crypto can reach in this market cycle, and the analyst also provided some answers. 
  Bitcoin Price Ceiling Is At $137,000
  Tony Severino mentioned in an X post that the current ceiling for the Bitcoin price is $137,000, while its floor is around $39,000. He noted that investors could double their investments from Bit
  
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• Anthropic, Palantir follows Meta’s lead taking AI to war

  08-11-2024 01:50 via cointelegraph.com
  Anthropic’s AI model will be integrated into one of Palantir’s data systems, which is authorized to contain “secrets” critical to US national security.
  
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• Shiba Inu Hits Monthly Peak — Is Another Record-Breaking Rally Coming?

  08-11-2024 00:30 via newsbtc.com
  
  Recently, Shiba Inu (SHIB) has exhibited promising momentum, thereby attracting the attention of both investors and traders. After achieving a significant 30-day high, SHIB has embarked on an upward trajectory, leading many to speculate about its potential to attain new heights—perhaps even its all-time high (ATH).With increasing buying volume, confidence in SHIB’s future is growing. Some individuals are beginning to believe that this could signal the onset of something more substant
  
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• Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture

  08-11-2024 00:27 via coindesk.com
  
  The company's shares fell after reporting third quarter sales that missed estimates by 4%.
  
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• WonderFi CEO kidnapped and forced to pay $1M ransom: Report

  08-11-2024 00:01 via cointelegraph.com
  WonderFi CEO Dean Skurka reportedly said in an email that he is “safe” now and that no company funds and data were impacted.
  
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• Asian crypto traders profit from Trump’s win, China’s 2025 CBDC deadline: Asia Express

  07-11-2024 23:24 via cointelegraph.com
  Asian investors trade overnight to catch the Trump-fueled Bitcoin surge, China accelerates digital yuan push: Asia Express
  
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• Bitcoin Hits $76,000 All-Time High As Market Reacts To Fed’s Interest Rate Cuts

  07-11-2024 23:21 via newsbtc.com
  
  Bitcoin (BTC), the leading cryptocurrency by market capitalization, surged to a new all-time high of $76,800 buoyed by the recent US presidential election which saw Donald Trump secure another term in the White House and a more favorable monetary policy from the US Federal Reserve (Fed). 
  Fed’s Second Consecutive Rate Cut
  On Thursday, the Federal Reserve announced its decision to cut its benchmark overnight lending rate by 25 basis points to a target range of 4.50%-4.75%, adding to th
  
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• Bitcoin all-time high at $76.8K is just the beginning, according to data

  07-11-2024 23:04 via cointelegraph.com
  Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher. 
  
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• Solana Bulls Aim High: $194 Breakout In Sight Amid Market Optimism

  07-11-2024 23:00 via newsbtc.com
  
  Solana is making waves in the market as bullish sentiment propels it toward the crucial $194 resistance level. With positive pressure on its side, SOL is drawing attention from investors eager to see if this push will mark the beginning of a major breakout. A successful breach of $194 could set the stage for a substantial rally, highlighting Solana as a key player in the current market upswing. 
  With SOL edging nearer to the pivotal $194 level, this analysis delves into its breakout potenti
  
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• Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO

  07-11-2024 22:50 via cointelegraph.com
  According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.
  
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• Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal

  07-11-2024 22:39 via coindesk.com
  
  Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit’s Office of the Treasury.
  
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• After US election wins, the crypto industry looks to the 2026 midterms

  07-11-2024 22:39 via cointelegraph.com
  Contributions from Coinbase and statements from executives suggested that crypto companies were likely to keep pouring money into future US elections. 
  
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• Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record as Powell Says Trump Win Has 'No Effect' on Policy

  07-11-2024 22:18 via coindesk.com
  
  Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win of the U.S. presidential election.
  
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• Institutions are betting big on RWAs and expecting large returns

  07-11-2024 22:00 via cointelegraph.com
  Institutions are fueling RWA tokenization growth, but challenges remain for this emerging sector.
  
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• Dogecoin Price Looking To Close Weekly Candle Above The Yellow Line, Why $10 Is Possible If This Happens

  07-11-2024 21:30 via newsbtc.com
  
  A crypto analyst has disclosed that the Dogecoin price may be positioning itself for a significant move upward as it approaches a critical weekly close. The question arises as to whether Dogecoin can close the weekly candle above the yellow line. With this line acting as a critical resistance level for the Dogecoin price, the analyst has predicted a breakout to $10 if Dogecoin can successfully close above it.  
  Dogecoin Eyes $10 Breakout Above Key Level
  Crypto analyst Dima James Potts
  
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• Intense Competition — Not Technology — Will Fuel Blockchain's Rise to Dominance

  07-11-2024 21:01 via coindesk.com
  
  Like the internet itself, decentralized networks aren't always the most efficient tools for some tasks.However, the open, permissionless nature of these networks creates intense competition that often serves customers better than technical efficiency alone, says EY’s Paul Brody.
  
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• Brazilian YouTuber Launches Meme Token in wake of $100m $MOTHER Token

  07-11-2024 20:53 via crypto-news.net
  
  Sao Paulo,, Brazil, November 7th, 2024, Chainwire With 33 million subscribers on YouTube and a big total following across social media, Rezende Evil is stepping into the celebrity meme token scene. Rezende Evil is preparing to introduce a token of their own, joining a growing list of big names. In May, Iggy Azalea launched her…
  The post Brazilian YouTuber Launches Meme Token in wake of $100m $MOTHER Token appeared first on Crypto-News.net.
  
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• Pro-crypto Republicans win House seats as majority control still TBD

  07-11-2024 20:22 via cointelegraph.com
  Jeff Hurd and Scott Perry, both in favor of FIT21, won close elections against their Democratic rivals for House seats in Colorado and Pennsylvania. 
  
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• Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of Powell's First Speech Since Trump Win

  07-11-2024 20:12 via coindesk.com
  
  Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win of the U.S. presidential election.
  
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