A South African law enforcement agency recently apprehended a 35-year-old man suspected of using cryptocurrency to fund terrorist activities. Suspicous Transactions A South African law enforcement agency recently apprehended a 35-year-old man who is alleged to have used cryptocurrency to fund terrorist activities. According to the Hawks, the man, whom they tracked to a house […] Original
The NFT market cooling continues as the overall crypto market cap has grown to $3.6 trillion from last week’s $3.42 trillion, per CoinMarketCap data. CryptoSlam data shows that NFT sales have fallen 17.54% to $132.7 million this week. This is considerably lower than last week’s $152 million in sales. However, the market has seen greater participation from traders, pointing to sustained interest at lower price levels. Market activity shows mixed signals: NFT sales volume dropped to $132.7 million from last week’s $152.7 million The number of NFT buyers rose 25.54%…
Este artículo también está disponible en español. According to recent blockchain data, the Bitcoin hashrate has been on the rise as it touched a new all-time high on Friday, January 3rd, 2025. This new peak comes as the premier cryptocurrency continues to recover after a disappointing end to the year 2024. Positive Correlation Between Bitcoin Price And Hashrate The “hashrate” is a metric that measures the total amount of computing power that secures a Proof-of-Work blockchain network (Bitcoin, in this case). It is used to determine the mining difficulty of…
The first week of 2025 saw BIO Protocol raise $64.41 million through a public sale, leading the DeFi sector funding. The week brought total disclosed investments to $88 million. However, according to Crypto Funding data, several key projects kept their raised amounts private, marking a steady start to the new year. The funding activities centered on financial infrastructure and analytics platforms, with projects across early and growth stages securing capital. Let’s dive deeper into the key investments of the first week of 2025. BIO Protocol, $64.41 million Raised $64.41 million…
On Friday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) posted gains, reversing losses from the previous day. Approximately $908.10 million was poured into these ETFs, with dominant players like IBIT, ARKB, and FBTC securing the majority of the inflows. A Billion-Dollar Day: Bitcoin and Ether ETFs Deliver a Positive Ending to a Blockbuster […] Original
The Bitcoin market experienced a modest recovery over the past week following the 15.7% correction in the latter half of December 2024. Amidst this recent price gain, developments from the short-term holders (STH) activity have revealed significant indications for Bitcoin in the coming days. Bitcoin STH MVRV At 1.1 With More Room To Run According to a recent X post, blockchain analytics firm Glassnode shared a data report on the Bitcoin short-term holders’ MVRV ratio in relation to market price. In crypto, the market value to realized value ratio (MVRV)…
Este artículo también está disponible en español. Crypto analyst Master Kenobi has provided insights into the current Dogecoin price action. The analyst revealed that the foremost meme coin was approaching the moving average (MA) line, which could lead to a new all-time high (ATH). Dogecoin Eyes ATH As Weekly RSI Approaches The MA Line In an X post, Master Kenobi revealed that Dogecoin’s weekly Relative Strength Index (RSI) is approaching the MA. He remarked that this is a crucial level that needs to be broken to confirm a continued upward…
In an era where bitcoin (BTC) has become synonymous with substantial wealth, tales of its early days evoke both fascination and disbelief. Most are familiar with the now-legendary story of two pizzas purchased for 10,000 BTC—valued today at nearly $1 billion. However, the chronicles of bitcoin’s history are dotted with equally intriguing accounts of individuals […] Original
Meme coins have added over $4 billion to their total market cap in the past 24 hours. Most coins are flashing green – with SPX and GIG being two of the biggest gainers. However, one well-known crypto expert believes the new Meme Index (MEMEX) project could be next for a breakout rally. Meme Coin Market […] Source CryptoX Portal
MicroStrategy announced plans to raise $2 billion through a preferred stock offering, marking a major expansion of its Bitcoin accumulation strategy. The move comes as part of the company’s so-called 21/21 Plan, which aims to raise $42 billion through various financial instruments over three years. The Tysons Corner, Virginia-based company plans to issue perpetual preferred stock, which will rank senior to its class A common stock. MicroStrategy targets up to $2 billion capital raise through public offerings of perpetual preferred stock in the first quarter of 2025. $MSTR https://t.co/x1pbB8ArlH —…