Arthur Hayes, co-founder of Bitmex, argues that the upcoming U.S. presidential election presents a unique opportunity for crypto advocates to leverage their voting power. With both major political parties vying for a narrow margin of swing voters, Hayes believes the crypto community could play a decisive role in determining the outcome. Arthur Hayes on Crypto’s…
Ethereum’s price has been dropping recently, following a second rejection from the $4,000 resistance level, and it has yet to recover. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been making lower highs and lows since failing to break the $4,000 level to the upside a while ago. The…
Shares of Bitcoin mining company IREN, formerly known as Iris Energy, tumbled by 24% on the Nasdaq following a report from short-seller firm Culper Research. The paper, released on July 11, labeled the company as “wildly overvalued” and suggested its stock should be valued 52-79% lower than its current market price. HPC Plans and Underinvesting…
Are cryptocurrencies the gateway to wealth in the digital age? Recent turbulence in the crypto market has sparked a surge in interest for new and inventive digital currencies, particularly meme coins. While already launched coins such as Slothana and Conflux grapple with volatility, a newcomer, MoonBag crypto, is swiftly gaining attention with its groundbreaking features…
The cryptocurrency market has gone through a considerable rollercoaster in the past seven days, with the price action being as volatile as it can get. At the time of this writing, the total capitalization settled at around $2.5 trillion, up 3.5% during that period. Bitcoin wasted no time and, on July 7th, pushed above $58K…
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust repayments have contributed to market volatility. Coinbase Institutional Highlights Bitcoin Sales Impact on Crypto…
Bitfarms Ltd. has scheduled a special shareholders meeting for Oct. 29, 2024, in response to a requisition from Riot Platforms, Inc. The announcement on Friday claims Riot aims to disrupt Bitfarms’ ongoing strategic review process and acquire the company. The special committee of independent directors, after extensive deliberation and advice from financial and legal advisors,…
Digital assets showed significant growth in the first half of 2024, driven by increased institutional interest and the approval of spot bitcoin ETFs. According to a report from CME Group and Glassnode, these factors have cemented digital assets as a crucial asset class with unique opportunities and inherent risks. Institutional Interest Drives Digital Asset Growth…
Sausage-shaped sensation WienerAI (WAI) has entered the home stretch of its presale phase. With less than three weeks left, investors are clamoring to gain exposure to this AI-powered meme coin before it hits the open market. WienerAI’s Trading Bot Offers an AI-Powered Edge WienerAI (WAI) isn’t just another hype-driven meme coin. It also has some…
WienerAI (WAI) has entered the final stretch of its presale phase. With just 19 days left, WienerAI’s presale has raised over $7.3 million – and counting. The project’s mix of humor and advanced tech has resonated, drawing attention from both newcomers and market veterans alike. 19 Days Left for Investors to Secure WAI Tokens at…