A naukri.com initiative
Cryptocurrency News
Newsbtc
56m
222
Image Credit: Newsbtc
Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally
- Rekt Capital, an influential analyst, suggests that an altcoin rally may occur if the altcoin market cap secures a weekly close above $250 billion.
- A breakout rally towards the $315 billion level could be expected if the $250 billion level is surpassed, indicating the bottom for altcoins has potentially been established.
- The ongoing correction in the altcoin market is relatively shallow, indicating a growing market maturity among altcoins and a potential stronger push from bulls.
- The possibility of a breakout is further supported by the weakening resistance at the $425 billion altcoin market cap.
Read Full Article
13 Likes
Bravenewcoin
1h
223
Image Credit: Bravenewcoin
Kairon Labs – The Crypto Market Maker
- Kairon Labs is a premier crypto market-making and liquidity-providing firm specializing in digital assets, cryptocurrencies, and tokens.
- They offer tailored solutions to enhance market efficiency and stability for their clients, including preventing illiquid markets, reducing short-term volatility, and facilitating instant transactions for traders.
- In addition to market-making, Kairon Labs provides comprehensive advisory services to digital asset issuers, including exchange listing strategies, negotiation assistance, and quantitative feedback on marketing efforts.
- The co-founder of Kairon Labs discusses the importance of ethical practices, market sentiment, regulatory complexities, compliance, and the role of algorithmic trading in managing risks in the crypto space.
Read Full Article
13 Likes
Bitcoinist
1h
301
Image Credit: Bitcoinist
Bitcoin Bet Grows Bigger: The Blockchain Group Snaps Up 580 BTC
- France-based blockchain solutions firm, The Blockchain Group, has purchased 580 BTC, marking its largest Bitcoin acquisition to date.
- The purchase was made through the company's Luxembourg-based subsidiary and was financed through a convertible bond issuance.
- The Blockchain Group now holds a total of 620 BTC, with a value of over $54 million.
- Corporate adoption of Bitcoin is expected to increase in 2025, with several companies and US states investing in BTC.
Read Full Article
18 Likes
Newsbtc
1h
171
Image Credit: Newsbtc
Are the Bulls Still in Control? Bitcoin Faces Pressure After Massive Long Position Wipeout
- Bitcoin is currently trading just below the $87,000 mark, reflecting a 0.8% decline in the past 24 hours.
- A significant long liquidation event occurred, with $359.7 million worth of long positions being closed, indicating a potential shift in sentiment and short-term sell-offs.
- Bitcoin's realized price distribution by UTXO age bands shows that recent buyers are holding unrealized profits, and support near $84K may act as a technical level in case of a dip.
- While there is a possibility for Bitcoin to either fall or continue rising, caution is advised given the current market dynamics.
Read Full Article
10 Likes
Bitcoinsensus
2h
19
Image Credit: Bitcoinsensus
SEC Dismisses Cases Against Kraken, Consensys, and Cumberland
- The SEC has dismissed lawsuits against Kraken, Consensys, and Cumberland.
- The dismissals reflect a shift towards a less enforcement-heavy approach to regulating the crypto industry.
- Kraken was accused of operating as an unregistered securities exchange and offering unregistered securities.
- Consensys and Cumberland faced allegations related to unregistered activities.
Read Full Article
1 Like
Coin Telegraph
2h
240
Image Credit: Coin Telegraph
US DOJ says it seized Hamas crypto meant to finance terrorism
- The US Justice Department (DOJ) seized over $200,000 in cryptocurrency intended to benefit Hamas.
- The funds were traced to fundraising addresses controlled by Hamas and used to launder over $1.5 million in digital assets since October 2024.
- The laundering took place through virtual currency exchanges and transactions with suspected financiers and brokers.
- Hamas has been seeking cryptocurrency donations since at least 2019, although terrorism financing in the crypto space remains relatively small compared to traditional methods.
Read Full Article
14 Likes
Medium
2h
151
Image Credit: Medium
Full Onboarding Guide for Web3PvZ, Edition 8: DR. PUMP: Voting and Governance
- Dr. Pump is an autonomous AI agent designed for Web3PvZ's financial management.
- Dr. Pump's HEART represents his affection score, influenced by player's voting reasoning.
- Players can increase Dr. Pump's HEART score by active participation in voting or through bribes with SUNSHINE.
- Web3PvZ's governance system allows shareholders to decide on treasury allocation, game updates, and community proposals.
Read Full Article
9 Likes
Bitcoinist
2h
235
Image Credit: Bitcoinist
Bitcoin Whales Stop Selling – 290K BTC Offload Signals Rising Accumulation
- Bitcoin is facing resistance at the $88,000 to $91,000 level, limiting upward momentum.
- On-chain data shows a reduction of 290,000 BTC in supply from major Bitcoin holders, signaling a potential slow shift from selling to accumulation.
- Bitcoin is currently holding above the 200-day moving average but needs to reclaim the $90,000 level to avoid bearish pressure.
- A breakout above $90,000 is crucial to confirm a new leg higher for Bitcoin.
Read Full Article
14 Likes
TronWeekly
2h
275
Image Credit: TronWeekly
Whale Scoops Up 506B PEPE—Is a Major Breakout Ahead?
- A PEPE whale withdrew 506.2B tokens ($4.4M) from Binance, holding 699.8B PEPE worth $5.11M now.
- Large holders’ balances have grown 15.3% since March, signaling strong confidence in the meme coin’s future.
- Analyst sees 300% surge potential if it breaks $0.00002384, $0.00002965, $0.00003466 resistance levels.
- PEPE's recent price action has defied expectations, outperforming Bitcoin (BTC) over the past week.
Read Full Article
16 Likes
Bravenewcoin
3h
138
Image Credit: Bravenewcoin
Ripple News Today: Ripple & Chipper Cash Boost African Remittances Amid Bullish XRP Price Prediction
- Ripple and Chipper Cash have partnered to enhance cross-border remittances in Africa using blockchain technology.
- The collaboration aims to provide faster and more cost-effective transactions, driving economic growth and innovation.
- The integration of Ripple Payments into Chipper Cash's platform enables users to send and receive funds faster and at significantly lower costs.
- Ripple's expansion in Africa is part of its strategy to revolutionize blockchain-based finance and strengthen its global presence.
Read Full Article
8 Likes
TronWeekly
2h
317
Image Credit: TronWeekly
Circle Ventures and NEAR Foundation Invest $14M in Abound to Expand Remittance Services
- Abound, a remittance app serving Indian immigrants in the United States, has raised $14 million in seed funding.
- Leading investors, including Circle Ventures and the NEAR Foundation, supported the fundraising.
- Abound has processed over $150 million in remittances and has reached 500,000 monthly active users.
- The funding will enable Abound to develop new features and improve technology systems to meet the financial demands of its expanding user community.
Read Full Article
19 Likes
Bitcoinsensus
3h
43
Image Credit: Bitcoinsensus
Bitcoin Stays Steady as U.S. Jobless Claims Beat Forecast
- U.S. labor market shows resilience as jobless claims for March 22 come in slightly below forecast amidst fears of economic pressures from global trade conflicts
- Bitcoin remains steady near $87,000 despite overshadowing trade war concerns, showing modest gains of 0.23% in 24 hours and 3.30% over the week
- March labor data signals slower-than-expected jobless growth, hinting at a strong finish to 2024 despite mounting fears of a recession
- Bitcoin remains resilient near $87,000, with a 0.23% increase in 24 hours and 3.30% gain over the week
Read Full Article
2 Likes
Coin Telegraph
3h
239
Image Credit: Coin Telegraph
Getting crypto out of the 'AOL era' — Sandeep Nailwal
- The current state of crypto is compared to the internet's 'America Online' (AOL) era, characterized by limited use cases and clunky user experience.
- Polygon co-founder Sandeep Nailwal identifies the need for improved fiat on- and off-ramps, key recovery custody solutions, and mobile device-integrated hardware wallets to enhance crypto user experience.
- Nailwal mentions that crypto is currently in the early stages, similar to the dial-up era of the internet, and estimates it will take another 10-15 years for crypto to reach its full potential.
- While financial use cases dominate crypto presently, Nailwal believes that adoption will expand to decentralized social media, gaming, and other niche sectors once financial use cases are fully developed.
Read Full Article
14 Likes
Cryptopotato
3h
124
Image Credit: Cryptopotato
Report: 20% of South Korean Officials Hold Crypto, Seoul Councilor Leads with $1.16M
- 20.1% of high-ranking South Korean public officials hold crypto, with total reported holdings of $9.83 million.
- Seoul City Council Member Kim Hye-young leads with $1.16 million in digital assets.
- Among the top ten crypto holders in the list are Seoul City Councilor Choi Min-gyu, Kim Ki-hwan (CEO of Busan-Ulsan Expressway Co., Ltd.), and other civil servants.
- The crypto disclosure policy was implemented as South Korea's crypto ownership and number of investors increased in recent years.
Read Full Article
7 Likes
Coin Telegraph
3h
104
Image Credit: Coin Telegraph
Here’s what happened in crypto today
- Prospective SEC chair, Paul Atkins, faced a Senate confirmation hearing and was questioned about his ties to the crypto industry
- A survey showed that less than 1 in 5 European banks currently offer crypto services, despite growing investor demand
- The US Senate voted to repeal the IRS DeFi broker rule, which required decentralized finance protocols to report to the Internal Revenue Service
- Regarding the SEC hearing, Massachusetts Senator Elizabeth Warren criticized Atkins' judgment and requested disclosure of the buyers of his consulting firm that advised FTX before its collapse
Read Full Article
6 Likes
For uninterrupted reading, download the app