Beleaguered Japanese crypto exchange DMM Bitcoin is set to cease operations after transferring its assets to SBI VC Trade Co. DMM Bitcoin Takes Action to Avoid Inconveniencing Users Beleaguered Japanese crypto exchange DMM Bitcoin is set to cease operations. Its assets will be transferred to SBI VC Trade Co., a subsidiary of SBI Holdings, Inc. […] Original
Este artículo también está disponible en español. Shiba Inu (SHIB) is stirring up excitement again. The meme-based cryptocurrency has seen bullish momentum lately, grabbing the attention of investors and analysts alike. But is this rally sustainable, and could SHIB really soar to the heights some experts are predicting? Related Reading Crypto analyst Javon Marks thinks so. He just recently published insights suggesting SHIB may be targeting $0.000081, a massive 179% jump from where it is today. The market has been very unpredictable, but Marks said that this breakout is a…
A wallet linked to the U.S. government has moved nearly $2 billion worth of Bitcoin to a new address, according to blockchain intelligence and on-chain data platform Arkham. Per Akham, the transfer of nearly 20,000 Bitcoin (BTC) happened on Dec.… Source CryptoX Portal
XLM has significantly outperformed XRP in the past 30 days, despite having a lower market capitalization. XRP Rises on Investor Optimism While XRP has surpassed tether (USDT) to become the third-largest digital asset, its performance over 30 days trailed behind its perceived rival, XLM. According to data from Coingecko, the U.S. dollar value of XLM […] Source CryptoX Portal
Este artículo también está disponible en español. After surging over 330% in a six-week span, Dogecoin (DOGE) has been navigating a period of consolidation, maintaining a sideways trajectory for the past three weeks. This remarkable rally was initially propelled by speculative bets on Donald Trump’s victory in the US presidential election, colloquially referred to as the “Trump trade.” Following Trump’s electoral success, the momentum was sustained by the establishment of the Department of Government Efficiency (DOGE), spearheaded by Elon Musk, a prominent advocate within the Dogecoin community. December 5 Could…
November saw total inflows for bitcoin exchange-traded funds (ETFs) surpass previous monthly records, reflecting heightened institutional and retail interest. Record Month for Bitcoin ETFs November 2024 marked a significant milestone for bitcoin exchange-traded funds (ETFs), with a record-breaking net inflow of $6.3 billion in investor funds, highlighting renewed confidence in the cryptocurrency sector. According to […] Original
MicroStrategy’s aggressive Bitcoin acquisition strategy continues to draw sharp criticism from gold advocate Peter Schiff. In an X post on Monday, Schiff pointed out that MicroStrategy has already spent $11.5 billion of its $42 billion Bitcoin (BTC) investment plan in… Original
Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges with card services, including fluctuating exchange rates, chargeback fraud, and insufficient funds. While some fintechs blame provider issues, others cite high costs and limited revenue […] Source
Stuart Alderoty, chief legal officer (CLO) of Ripple, has made a petition to the cryptocurrency industry to avoid providing jobs for attorneys involved in anti-crypto initiatives. On social media, Alderoty stated: “As crypto enters its renaissance, please don’t hire any lawyer who was involved in suing any crypto company or project, or those who cheered […] Source CryptoX Portal
Este artículo también está disponible en español. Although Bitcoin remains the world’s top digital asset, its price oscillating between $90k and $96k this week, some experts are looking ahead and beyond Bitcoin. Related Reading According to some crypto commentators over Twitter/X, Bitcoin’s market dominance is dipping, which means that altcoin season is about to start. In a post by MikyBull Crypto, Bitcoin’s market dominance falls below its two-year support line, creating plenty of opportunities for holders and traders. According to TradingView, Bitcoin’s current dominance is 56.67%, from last week’s 57%,…