Tag: News

Dogecoin is on a notable decline of 11.8% and 20% in the past 24 hours and seven days, respectively, and could retest support at the $0.30 price level soon. Despite this decline, Trader Tardigrade, a well-known technical analyst on social media platform X, has managed to note a symmetrical...

MicroStrategy has pushed its Bitcoin-first agenda to unprecedented levels, stockpiling 461,000 BTC worth $48.4 billion. Co-founder Michael Saylor’s unyielding belief in Bitcoin as a foundational asset has cemented the company’s status as the top corporate holder, forcing the market to pay attention and rethink institutional crypto strategies. Michael Saylor’s...

If you’re asking why is crypto crashing today, DeepSeek, OpenAI’s surprise killer, is out – the Chinese Century has begun. The debut of DeepSeek R1, a budget-built yet high-performing AI language model from China, has rattled the global tech ecosystem. (X) By DeepSeek proving it can match Silicon Valley’s...

Andreessen Horowitz (a16z), the Silicon Valley-based venture capital giant, has announced the closure of its London office. According to a Financial Times report dated 24 January 2025, the decision comes just two years after the firm made a high-profile entry into the UK market. Andreessen Horowitz opened its London...

Spanish law enforcement, in collaboration with several different blockchain firms – Tron, Tether and TRM Labs, has decided to freeze $26.4 million in illicit digital assets linked to a European money laundering operation. Importantly, the operation involved collaboration with the ‘T3 Financial Crime Unit’. T3 is an anti-crime initiative...

Gone are the days when listing on Coinbase sharply moved prices. Back then, Coinbase was the most dominant crypto exchange, allowing traders, mostly in the United States and some parts of Europe, to swap only a few coins. Initially, before they changed tactics, Coinbase listed Bitcoin, Ethereum, Ethereum Classic,...

In a win for the global crypto community, Bitpanda, an Austrian fintech unicorn, received its MiCA license on 27 January 2025. MiCA for the uninitiated is the EU’s regulatory framework developed to standardise and regulate the crypto market. The framework also focuses on investor protection, financial stability and financial...

Bitcoin’s dominance has dropped to 57%. This number echoes historically with the 2020 crypto cycle. That year, altcoins exploded after Bitcoin’s dominance peaked with investors shifted their focus from Price Volume in 24h Price 7d to altcoins, seeking higher returns. Altcoin season comes at a period when altcoins outperform...

A rise in stablecoin deposits on exchanges is generally viewed as a sign of increased buying interest in cryptocurrencies. While USDC dominance has increased, the buying momentum in the US remains absent. Consolidation Predicted Amid Market Turmoil Lately, USDC issuance has grown significantly, resulting in a notable inflow of...

2024 will be a year to remember for the crypto market. With Bitcoin breaking the $100k mark, many altcoins followed the king of cryptocurrencies and made it to the list of best performing cryptocurrencies. Crypto best performers like SUI, VIRTUALS,…...