Coinbase, the only U.S.-listed crypto exchange, has climbed 19% since then, including a 14% jump yesterday that took the share price to $160.38 as bitcoin (BTC), the largest cryptocurrency by market cap, climbed through $52,000. The Nasdaq Composite stock index gained 5.9% in the same period. Source
“This collaboration marks a significant step in integrating Telco capabilities into the blockchain industry and demonstrates the need for secure oracle networks to deliver real-world data on-chain,” the statement said. “This interconnected ecosystem enhances the functionality and security of Web3 applications, contributing to a more robust and verifiable digital landscape,” the statement added. Source
Matt Dines, the Chief Investment Officer at Build Asset Management, has identified a classical ‘Cup and Handle’ pattern in the Bitcoin (BTC) price chart, which he believes could signal an impending rally to $75,000. This technical formation is often considered a strong bullish signal and is closely watched by market analysts and traders. Bitcoin Price Validates Cup And Handle Pattern The ‘Cup’ part of the pattern, resembling a bowl or rounding bottom, began forming in March 2022 when the price plunged below $48,000 and entered one of the longest Bitcoin…
Bonk (BONK), a memecoin rooted in the Solana blockchain, saw its price soar by 13% amid reports of an upcoming listing on Revolut’s trading platform. Revolut, a leading European fintech firm, is contemplating a partnership with Bonk, encompassing a “Learn and Earn Campaign.” The initiative, unveiled in a note by BonkDAO on Feb. 14, aims to bolster the memecoin’s user base by an ambitious 500,000. #Revolut plans to list #BONK and launch a $1.2M campaign to educate users about the meme coin. Approval vote expected to pass. #crypto #Solana Follow…
CitiBank, one of the world’s largest banks, has successfully conducted a simulation demonstrating the tokenization of a private equity fund on the Avalanche blockchain network, specifically using Avalanche’s Layer 1 Spruce subnet. Interestingly, this development has the potential to accelerate the adoption of distributed ledger technology in the financial industry, particularly on Wall Street. Blockchain Simulation For Forex Trading On Avalanche According to the press release, the simulation was part of Project Guardian, a collaborative initiative between the Monetary Authority of Singapore (MAS) and the financial industry. The application is…
Stacks (STX) emerges as the top gainer among the leading 100 cryptocurrencies. The price surge comes as the global crypto market capitalization reaches 22-month highs. STX is up by 27% in the past 24 hours and is trading at $2.67 at the time of writing. The asset briefly held a 26-month-high of $2.8 earlier today — a level last seen in December 2021. Following the price rally, STX’s market cap surpassed the $3.8 billion mark, making it the 29th-largest cryptocurrency. STX price, open interest, funding rate and RSI – Feb.…
Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit said its annual work plan incorporates the insights of cryptocurrency experts serving on its advisory committees. South Korea to Deploy System for Identifying Suspicious Transactions South […] Source
Bitcoin bulls are back in charge, with the world’s leading cryptocurrency surging past $52,000 on Wednesday following a long hiatus. This rally comes on the heels of a brief dip below $50,000 triggered by hotter-than-expected US inflation data, but investors shrugged it off, demonstrating resilient confidence in the digital asset’s future. Bitcoin is up more than 21% so far this year. Bitcoin Shows Mettle With $52K Breach This latest surge marks a significant milestone, not just for Bitcoin but for the entire cryptocurrency ecosystem. After 26 months, the top crypto asset…
For instance, early Monday, the leading cryptocurrency, often considered digital gold, hit a new record high of 7.9 million yen on Tokyo-based cryptocurrency exchange bitFLYER. In contrast, the cryptocurrency’s dollar-denominated price stood above $52,000 or 32% short of the record high of $69,000 reached in November 2021, according to data from the charting platform TradingView. Source
Dogecoin is gaining pace above the $0.085 zone against the US Dollar. DOGE could start a fresh rally above the $0.088 and $0.095 resistance levels. DOGE is showing positive signs above the $0.085 zone against the US dollar. The price is trading above the $0.0865 level and the 100 simple moving average (4 hours). There was a break above a key contracting triangle with resistance at $0.0820 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could extend its rally above the $0.088 and $0.095…