Robinhood CEO and co-founder Vlad Tenev says that potential rate cuts by the Federal Reserve and two other things are sparking optimism in the crypto space. In a new interview on CNBC Squawk Box, Tenev says that the expected launch of spot market Bitcoin (BTC) exchange-traded funds (ETFs) and the increasing need for an inflation The post Robinhood CEO Says Potential Fed Rate Cuts and Two Additional Catalysts Boosting Crypto Optimisim appeared first on The Daily Hodl .

In the cryptocurrency market, technical analysis stands out as an indicator that investors, especially those trading in the futures market, must continuously monitor. What clues does technical analysis provide for Dogecoin, which was trading at the level of $0.1005 at the time the article was written? The post Technical Analysis of the Dogecoin Market appeared first on COINTURK NEWS.

JPMorgan CEO James Dimon answered some questions about cryptocurrencies in the Senate in his statement. Continue Reading: JPMorgan CEO James Dimon Talked About Cryptocurrencies Again: “I Would Ban It If It Were Me”

Source: Pixabay Binance will compensate users who bought the Euro-pegged AEUR stablecoin during a recent 200% surge, the company said. In a blog post published Wednesday, the company said it would create a compensation plan for users who bought the stablecoin after its value surged nearly 200% to more than $3. The sudden spike in The post Binance Announces Compensation For Traders Who Bought AEUR Stablecoin During 200% Surge appeared first on Cryptonews .

Floki Inu, the meme coin cryptocurrency, has had followers aflutter recently, after it took to X to announce that it has reached a second ATH (all-time high) of $80.5 million staked on Floki tokens. According to $Floki itself, this is in no small part due to Web3 investment firm DWF Labs buying over $1.25 million

Source: Pixabay Nova Labs’ Helium Mobile service has launched a nationwide plan in the U.S. with unlimited data, text, and talk that costs $20 a month. In a blog post published Tuesday, Helium Mobile announced the launch of its unlimited mobile plan, which the company claims will be the “nation’s largest 5G network.” “At Helium The post Nova Labs Releases Solana-based Unlimited Mobile Plan appeared first on Cryptonews .

Litecoin (LTC) price fell below the critical support area on November 21, but since then, it has reclaimed this level. Technical analyses by experts on a weekly timeframe indicate that the Litecoin price fell below a declining resistance trend line that has been in place since April 2021. The post Litecoin’s Critical Period: A Potential Comeback on Stage appeared first on COINTURK NEWS.

Jamie Dimon, the CEO of top financial institution JPMorgan Chase lashed out on crypto today, precisely Bitcoin (BTC) while testifying during a Wall Street oversight hearing by the Senate Banking, Housing, and Urban Affairs committee on Capitol Hill in Washington, DC. Jamie Dimon Plots Bitcoin’s Shutdown At the hearing, Senator Elizabeth Warren asked the JPMorgan The post JPMorgan CEO Comes Hard for Bitcoin, Calls it Tool for Criminals appeared first on CoinGape .

Eagle-eyed Dogecoin enthusiasts have spotted the meme coin in the source code of Tesla’s Cybertruck checkout webpage.

Fan tokens generally do not attract interest during these months if there are no major tournaments, and therefore the CHZ Coin ecosystem is calm. However, next year, both league finals and tournaments may cause fan tokens to become more active. The post Chiliz Roadmap for 2024 appeared first on COINTURK NEWS.

Earlier today, during a Senate Banking Committee hearing (“Annual Oversight of Wall Street Firms”), Jamie Dimon, the Chairman of the Board and CEO of global financial services firm JPMorgan Chase & Co., expressed strong opposition to cryptocurrencies, suggesting the government should consider shutting down the entire industry. He raised concerns about crypto’s ability to bypass

$POLS has recently joined the ranks of tokens hitting a yearly high, reaching an impressive $0.8292 with a remarkable surge of over 52% within a 24-hour period. Functioning as a decentralized fundraising platform, Polkastarter empowers Web3 projects to initiate and raise funds through multi-chain token pools while simultaneously expanding their

The digital world of Web3 physically came to life at the recent launch of New Society’s debut book, “Decentralization, Please Save Culture” at the NFT Factory in Paris. An “overview of the ecosystem” Described as a “mixed-reality journalism platform” that explores “the impact of technology on creative life,” New Society was founded by Dounia Sitayeb The post New Society Launches Web3 Book “Decentralization, Please Save Culture” appeared first on Cryptonews .

In this week's issue of The Protocol newsletter, we're highlight blockchain developers named in CoinDesk's Most Influential list just out, including Blockstream's Lisa Neigut, Polygon's Jordi Baylina, Base's Jesse Pollak and Optimism's Karl Floersch.

The form allows Elon Musk to legally sell the assets without going through the registration process.

A mysterious Bitcoin wallet has surfaced, amassing a staggering 12,071 BTC, equivalent to approximately $531 million as of the latest valuation.

The fear of missing out (FOMO) is driving investors deeper into the crypto market for the treasure hunt that could see them make the most out of the bull market in 2024. For some, meme coins stand out as affordable digital assets with immense potential. Therefore, it may be prudent to highlight projects like Dogecoin The post Top 3 Meme Coins To Buy In December For 2024: DOGE, BONK and Optimus AI appeared first on CoinGape .

BitTorrent (BTT), one of the important cryptocurrencies of the Tron ecosystem owned by Justin Sun, experienced a significant rise today. Continue Reading: BitTorrent (BTT) Price, One of the Favorites of the Last Bull Season, Doubled Today – What’s the Secret to the Surge?

Richard "FaZe Banks" Bengtson took to Instagram to boast that he recently dropped $200,000 on altcoins like Pepe, among other claims.

Data from Statista, the online platform specializing in data gathering and visualization, shows that the market size in the artificial intelligence market will reach $241.80 billion in 2023. The platform showed that AI investments would be in five distinctive sectors – AI robotics, autonomous and sensor technology, computer vision, machine learning, and natural language processing. The post Artificial Intelligence (AI) Market To Reach Over $241B in 2023: Statista appeared first on Coin Edition .

The digital world of Web3 physically came to life at the recent launch of New Society’s debut book, “Decentralization, Please Save Culture” at the NFT Factory in Paris. An “overview of the ecosystem” Described as a “mixed-reality journalism platform” that explores “the impact of technology on creative life,” New Society was founded by Dounia The post New Society Launches Debut Web3 Book “Decentralization, Please Save Culture” at NFT Factory in Paris appeared first on Cryptonews .

One Solana (SOL)-based altcoin project is soaring after the project issued a major announcement. Decentralized wireless network project Helium (HNT) announced Tuesday the launch of a new affordable cell phone plan over its network available to those in the United States. Says Helium Mobile, “It’s here. Our nationwide $20/month unlimited phone plan is now available! The post Solana-Based Altcoin Instantly Explodes Over 75% After Project Makes Big Announcement appeared first on The Daily Hodl .

The renowned banking executive stated that if he held a position in the government, he would "close down" Bitcoin and cryptocurrencies.

The digital world of Web3 physically came to life at the recent launch of New Society’s debut book, “Decentralization, Please Save Culture” at the NFT Factory in Paris. An “overview of the ecosystem” Described as a “mixed-reality journalism platform” that explores “the impact of technology on creative life,” New Society was founded by Dounia Sitayeb The post New Society Launches Web3 Book “Decentralization, Please Save Culture” at NFT Factory in Paris appeared first on Cryptonews .

COVER Protocol defines itself as a peer-to-peer coverage market. A platform based on Blockchain technology, Cover Protocol allows peer-to-peer transactions without the need for Know Your Customer protocols. The post How to Buy COVER Protocol Coin? appeared first on COINTURK NEWS.

Here’s what the data of this historical on-chain indicator suggests regarding whether Bitcoin has become overvalued after its latest uptrend. Bitcoin MVRV Z-Score Hasn’t Climbed Too High Yet As the Reflexivity Research co-founder pointed out in a post on X, the BTC MVRV Z-Score readings have heated up little compared to the values observed in past bull runs. The “Market Value to Realized Value (MVRV) ratio” is an indicator that measures the ratio between the Bitcoin market cap and the realized cap. The “realized cap” refers to a capitalization model for the cryptocurrency that assumes the “true” value of any coin in circulation is the price at which it was last transacted on the blockchain. Related Reading: Tether (USDT) Cap Approaches $90 Billion: Why This Affects Bitcoin Since the last transaction price of any coin was likely the price at which it changed hands, one way to interpret the realized cap is that it represents the total capital the holders have invested into the asset. Since the MVRV ratio compares the market cap (the spot price) against this model, it can tell us whether the investors are holding more value than they put in right now. If the investors are holding more than what they bought the coin for (that is, they are in net profits), they might be tempted to sell, and thus, BTC might be likely to see a correction. Similarly, the market being in losses can suggest the cryptocurrency’s price is currently undervalued and might be due to a rebound. Now, here is a chart that shows the trend in the Z-Score of the Bitcoin MVRV ratio over the history of the coin: The value of the metric appears to have been going up in recent days | Source: @WClementeIII on X The “Z-Score” is a statistical tool used to measure how far a data point is from the mean. In the graph, the analyst has marked two zones for the Bitcoin MVRV Z-Score where BTC has attained an overbought/underbought condition. It would appear that historical bottoms in the asset’s price have formed when the metric has dipped inside the green zone. The tops haven’t been so simple, though, as they fluctuate a bit. Related Reading: Sleeping Bitcoin Giants Wake Up: Pattern Mirrors 2021 Bull Run One common thing between all tops is that they have occurred at decently high values of the indicator. At such values, the investors make very high profits, so tops naturally become significantly probable. The chart shows that the Bitcoin MVRV Z-Score has been climbing recently as the asset has rallied, but it’s yet to arrive at levels similar to past tops. “There will be corrections along the way, but zooming out Bitcoin is far from overvalued based on historical readings,” notes the analyst. BTC Price At the time of writing, Bitcoin is trading at around $43,800, up 15% in the last week. Looks like BTC has registered a sharp uptrend over the last few days | Source: BTCUSD on TradingView Featured image from iStock.com, charts from TradingView.com, Glassnode.com

Testifying to Senate, JPMorgan's Dimon states he is "deeply opposed to crypto" including Bitcoin which lacks compliance checks.

In a recent development that has caught the attention of the cryptocurrency community, BlackRock, the world’s largest asset manager, updated its S-1 filing for a proposed Bitcoin exchange-traded fund (ETF). This amendment, made following discussions with the U.S. Securities and Exchange Commission (SEC), has sparked speculation about a possible regulatory “kill switch” embedded within the The post BlackRock’s Bitcoin ETF Filing Suggests Possible Kill Switch appeared first on CoinGape .

The platform allows clients to compare and benchmark quantum and classical algorithms for a given task.

Anatoly Legkodymov, co-founder of the Hong Kong-registered virtual currency exchange Bitzlato, is poised to enter a guilty plea in a U.S. court. This Russian national faces accusations from U.S. authorities for his role in processing about $700 million in illicit funds. Scheduled to appear before U.S. District Judge Eric Vitaliano, Legkodymov’s court appearance in Brooklyn The post Just In: Bitzlato Co-Founder to Plead Guilty in U.S. Court appeared first on CoinGape .

Bitcoin was hovering just under $44,000 on Wednesday, with an influx of capital leading to an uptick in activity from crypto derivatives traders and options open interest hitting an all-time high of around $20 billion according to data from Coinglass. An increase in open interest signals higher liquidity and more market participants. The majority of

Brett Harrison, the former President of FTX US, provides insights into the potential SEC approval of a Spot Bitcoin ETF in early 2024 and its expected impact on Bitcoin's price, suggesting a conservative yet optimistic market outlook. The post FTX US Ex-President Foresees 2024 Approval of Bitcoin Spot ETF and Predicts Price Surge! appeared first on COINOTAG NEWS .

Bitcoin is witnessing profit-booking by short-term holders, but institutional investors continue to put money into BTC investment products.

Do Kwon, the founder of Terraform Labs, has filed an appeal against the extradition decision of the High Court of Podgorica, the capital of Montenegro, according to reports. According to the Montenegrin Court of Appeal, Kwon submitted an appeal to the court on December 6, expressing his refusal to accept the court’s decision, stating, “I The post Terraform Labs Founder Appeals Extradition Decision in Montenegro appeared first on Coin Edition .

The king cryptocurrency currently sits above $43,800 and needs to surpass the $44,500 region for a new annual peak. Strong demand and the absence of any major developments on the macro front until Friday have motivated investors. The post Analysis and Predictions for XRP Coin’s Performance Against Bitcoin appeared first on COINTURK NEWS.

DMG Blockchain Solutions, a bitcoin miner and cryptocurrency technology company, announced that the firm has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG detailed that it paid $12.1 million for the next-generation application-specific integrated circuit (ASIC) miners which equates to $14 per terahash a second (TH/s). DMG to Expand Fleet With Latest Purchase

Trading activity has surged on GMX. This was because of the general market rally in the past few days.Leading on-chain derivatives protocol GMX [GMX] achieved a single-day trading volume of The post GMX trading volume explodes amidst crypto market rally appeared first on AMBCrypto.

Société Générale launches 'EUR CoinVertible', a euro-backed stablecoin on Bitstamp, marking a big bank's foray into crypto trading.

In a recent appearance on CNBC’s “Squawk Box,” Robinhood CEO Vlad Tenev discussed the significant increase in cryptocurrency trading volume on their platform and the broader implications for the crypto market and his company. Tenev highlighted a remarkable 75% increase in crypto trading volume from October to November. He attributed this surge to several factors,

Bitcoin now ranks among the top 7 most valuable traded assets in the world—topping a financial giant led by BTC skeptic Warren Buffett.

After Qatar was pushed into the crypto scene back in September claiming that the visit of HH Prince Sheikh Tamim bin Hamad Al-Thani of Qatar to El Salvador would include discussions on Bitcoin mining, once again Qatar is being shoved into the crypto scene with rumors that the Qatar Sovereign Fund will be purchasing $500 ... Read more

In the ever-evolving landscape of web solutions, the integration of AI tools has shifted from mere buzz to practical functionality. Leading web solutions companies are embedding AI into their platforms, transforming website builders into dynamic tools. As the hype subsides, the magic of AI, when done right, becomes a practical and familiar ally for users, ... Read more

QCP Capital attributes Bitcoin’s price surge primarily to developments surrounding the much-anticipated spot ETF.

Euphory and greed are dominating sentiments in the cryptocurrency market at this point. Most traders and investors expect further growth … Continued The post Short squeeze alert for December 7: Two cryptocurrencies with potential to skyrocket appeared first on Finbold .

JPMorgan Chase CEO Jamie Dimon told a panel of lawmakers that if he was the government, he would shut down crypto.

While investors were waiting for further rises, experienced trader and analyst Peter Brandt shared Ethereum (ETH). Continue Reading: Famous Analyst Peter Brandt Asked His Followers About the Future of Ethereum Price: Here is the Result of the Survey

Amid the current market rally, Shiba Inu (SHIB) has emerged as a standout performer, showcasing a remarkable surge of 21.45% within a week.

Helium ($HNT) stands out as a decentralized blockchain network dedicated to empowering Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet facilitates communication among low-powered wireless devices, leveraging a network of nodes for seamless data transfer. These nodes, known as Hotspots, function as a combination of wireless

In a groundbreaking move, French banking titan Société Générale is stepping boldly into the cryptocurrency domain, launching its own euro-pegged stablecoin on the renowned Bitstamp exchange. This initiative marks a pivotal shift in the banking industry, traditionally cautious about embracing digital assets, and signals Société Générale’s commitment to innovating in the digital financial space. The The post Euro Stablecoin Launched By French Banking Powerhouse appeared first on CryptoCoin.News .

In the cryptocurrency market, technical analysis emerges as a crucial indicator, especially for investors trading in the futures market. So, what clues does technical analysis provide for Ripple, which was trading at the level of $0.6267 at the time of writing? The post Technical Analysis of the Cryptocurrency Market: A Closer Look at Ripple appeared first on COINTURK NEWS.