Bookmarking Crypto Insights
Bitcoin (BTC) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin price faces stiff resistance on the … Read more
Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates. According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport, a crypto financial services company founded by Bitdeer chairman Jihan Wu. The … Read more
Once again, Solana has laid claim to a spot above $140. This is a significant level because it has historically been a key psychological barrier that drives speculative trading activity in not just Solana, but in the crypto ecosystem as a whole. Right on cue, this is spilling over into the memecoin market, which is … Read more
In a bold move that’s turning heads across the crypto landscape, MANTRA Chain has declared a major token burn initiative involving a staggering 300 million $OM tokens—valued at over $172 million. The decision, spearheaded by CEO and founder John Patrick Mullin, is one of the most aggressive deflationary actions in recent memory and signals a … Read more
Bitget, one of the major players in the centralized exchange (CEX) world, finds itself under scrutiny following a significant trading incident involving its VOXEL/USDT perpetual contract. This event, which took place on April 20, has sparked considerable anger among retail users, who are now accusing the exchange of unprofessionally managing the incident and scapegoating traders. … Read more
Bitcoin is once more heading toward the much-anticipated $90,000 milestone. This has totally spurred on the long-brewing bullish sentiment across the crypto market and has caused some folks to ponder what might be the next big thing after the recent period of consolidation and sideways movement. Market arrangement, basis of costs clusters, and transaction patterns … Read more
Bithumb is breaking itself in two as it races toward an IPO, carving out its exchange and investment units to streamline operations and court investors. Bithumb’s Corporate Split Sets Stage for IPO Local media reports that the South Korean cryptocurrency exchange Bithumb is restructuring its operations ahead of a planned initial public offering (IPO) in … Read more
Finding appropriate cryptocurrency projects to invest in has always been a challenging task, and as we move toward 2025, this clarity of purpose is only going to get trickier. Therefore, in this article, we will highlight five unique projects at the moment that will define the future of digital finance and may probably provide … Read more
Organized crime groups across Southeast Asia have scaled their operations by exploiting cryptocurrency — launching their own coins, exchanges and blockchain networks to launder billions of dollars, according to a new report from the United Nations Office on Drugs and Crime (UNODC). The report states that criminal syndicates are no longer just using existing crypto … Read more
Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the growing synergy between crypto and traditional finance (TradFi). “There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange. “Crypto players … Read more