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Expert: Crypto Market Fond of Round Figures, BTC Set for ‘Significant Price Correction’ Phantom Wallet expands to Sui network in pursuit of multichain dominance Crypto Market Explodes: Which Coins Will Lead the Next Bull Run? Weekly Brief: My Forex Funds Negotiating with CFTC?, Bitcoin Nears $100K, and More Paris Match to Auction Archival Photos as NFTs Binance Reports Record $1.2 Billion Inflow Amid Recent Market Volatility U.S. Charges Three in Connection With Evolved Apes NFT Scam Ex-Binance adviser to join Kamala Harris campaign: Report SOL and TON Ready for New ATH: Why and How MicroStrategy Buys More BTC as “Bitcoin Industrial Complex” Trading Volume Hits $38 Billion in a Day

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Expert: Crypto Market Fond of Round Figures, BTC Set for ‘Significant Price Correction’

Bitcoin (BTC) recently hit a new high of $100,000, but some experts believe a correction is coming. Significant Bitcoin Price Correction Expected According to one expert, bitcoin (BTC), which has rallied since Donald Trump’s electoral victory on Nov. 5, recently broke through the $100,000 barrier partly because the “cryptocurrency market is fond of round figures.” However, Sergei Gorev, Head of Risk at Youhodler, argues that BTC, whose growth is linked to that of the S&P 500 index, is now “ready to start a significant price correction.” In comments shared with Bitcoin.com News moments after BTC finally broke the $100,000 mark,...

06.12.2024

Phantom Wallet expands to Sui network in pursuit of multichain dominance

Phantom Wallet integrates Sui network solidifying its multichain wallet ambitions. Photo: Phantom Key Takeaways Phantom Wallet has expanded to support the Sui network, adding to its existing support for Bitcoin, Ethereum, Polygon, and Base blockchains. Sui's value has increased by over 100% in the past month, attracting interest in alternative Layer 1 blockchains. Phantom Wallet has expanded support to the Sui network as part of its move toward becoming a multichain wallet. Phantom Wallet, initially known as a Solana-exclusive wallet, has now evolved into a multichain platform, expanding beyond Solana, Bitcoin, Ethereum, and Polygon to now include Sui. “The integration...

05.12.2024

Crypto Market Explodes: Which Coins Will Lead the Next Bull Run?

You are here: Home / News / Crypto Market Explodes: Which Coins Will Lead the Next Bull Run? The crypto market surged by 32.28% in a month, with Bitcoin and Ethereum seeing impressive gains amid a powerful bull run. VirtualBacon advises focusing on smaller altcoins, predicting mid and low caps could outperform Bitcoin and Ethereum in the coming months. While XRP shows strong growth, VirtualBacon warns of overhyped projects, recommending solid assets like Ethereum, Solana, and undervalued Algorand. The crypto market has been on an upward trend in the past few weeks, with the total market capitalization increasing from $2.54...

10.12.2024

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Expert: Crypto Market Fond of Round Figures, BTC Set for ‘Significant Price Correction’

Phantom Wallet expands to Sui network in pursuit of multichain dominance

Crypto Market Explodes: Which Coins Will Lead the Next Bull Run?

Weekly Brief: My Forex Funds Negotiating with CFTC?, Bitcoin Nears $100K, and More

Prop Firm My Forex Funds and the CFTC Are Probably Negotiating a Settlement There is a high probability that a settlement deal is being negotiated between the proprietary trading firm My Forex Funds and regulators in the US and Canada, Finance Magnates learned exclusively. The possible negotiation follows lawsuits filed against the firm and its CEO, Murtuza Kazmi, by the Commodity Futures Trading Commission and the Ontario Securities Commission. The company’s legal fight with the CFTC has disrupted the proprietary trading industry, prompting other firms to swiftly modify language on their websites. Many have added terms such as “simulated” and...

Paris Match to Auction Archival Photos as NFTs

By Philip Maina 2 months agoTue Jun 18 2024 10:44:26 Reading Time: 2 minutes Popular photo magazine Paris Match will auction some of its archival photos as NFTs The magazine has partnered with other entities like NFT exchange SuperRare to make the auction a success The auction will feature 75 collectibles and each has a starting price of slightly above $1,000 Iconic French photo publication Paris Match has started auctioning some of its historic photos as NFTs in partnership with other entities like NFT exchange SuperRare and Focus Bloc. The magazine plans to offload 75 photos from its collection with...

Binance Reports Record $1.2 Billion Inflow Amid Recent Market Volatility

TLDR Binance saw $1.2 billion in net inflows over 24 hours during the recent market volatility. This marks one of the highest net inflow days for Binance in 2024, according to CEO Richard Teng. Other exchanges like Bybit, Crypto.com, and OKX also saw significant inflows. The inflows occurred despite a sharp market downturn, with Bitcoin and Ethereum prices dropping significantly. Overall crypto trading volume surpassed $200 billion on August 5, 2024. Leading exchange Binance reported a massive $1.2 billion in net inflows over a 24-hour period, coinciding with significant market volatility. This influx of capital marks one of the highest...

U.S. Charges Three in Connection With Evolved Apes NFT Scam

The U.S. has charged three individuals in connection with the Evolved Apes NFT scam from 2021. The NFT project promised a video game, but its website vanished shortly after it finished its fundraise. The United States Attorney's Office for the Southern District of New York announced today that it has charged three in connection with a non-fungible (NFT) token rugpull from 2021 known as Evolved Apes . Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan are charged with wire fraud and money laundering, according to a release from the SDNY's office. Evolved Apes was a collection of 10,000 unique NFTs,...

Ex-Binance adviser to join Kamala Harris campaign: Report

The prospective Democratic nominee’s position on crypto and blockchain is still unclear, but officials connected to the industry are reportedly getting on board. 3825 Total views 28 Total shares Own this piece of crypto history Collect this article as NFT David Plouffe, who worked as an adviser for Alchemy Pay and cryptocurrency exchange Binance, is reportedly joining Democratic candidate Kamala Harris’ 2024 United States presidential campaign. According to an Aug. 2 Politico report, the Harris campaign onboarded several senior advisers, including Plouffe. A former campaign manager and senior adviser for US President Barack Obama, Plouffe made forays into the crypto...

SOL and TON Ready for New ATH: Why and How

In the current crypto market, high-ranking altcoins are exhibiting a strong resurgence, signaling a potential bull run. Solana (SOL), for example, is currently displaying bullish dominance at $125, with its price trend maintaining a consolidation range between the 50% and 61.80% Fibonacci levels. Toncoin (TON) is also poised for a significant reversal, having withstood the market crash with minimal correction. The overall market dynamic is positive, it extends to even the most underrated options. Solana (SOL): Resilience and Potential for Major Success Solana (SOL) has shown resilience amid market volatility, with recent activity reflecting a fluctuating pattern. The coin experienced...

MicroStrategy Buys More BTC as “Bitcoin Industrial Complex” Trading Volume Hits $38 Billion in a Day

MicroStrategy acquired an additional 27,200 BTC, now holding a total of 279,420 BTC. US Spot Bitcoin ETFs now represent almost 5% of all Bitcoin holdings. The combined trading volume for US Spot Bitcoin ETFs, MicroStrategy, and Coinbase reached US$38 billion in a single day. No bullish crypto week would be complete without an announcement by MicroStrategy and Michael Saylor that they’ve bought more Bitcoin. Well, almost, but here it is: So, after buying another 27,200 BTC and now HODLing 279,420 BTC, and with the US Spot Bitcoin exchange-traded funds (ETFs) now accounting for almost 5% of total Bitcoin holdings, you...