Mango Markets’ governing body is looking to offer a settlement to the SEC. Source
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Top Democratic Donor Leaves Crypto Super PAC
A Democratic mega-donor is leaving a top crypto Super PAC over the group’s plan to defeat a Democratic Senator. Ron Conway told other donors in an email that he disagreed with Fairshake, the best-funded crypto Super PAC, spending $12 million to unseat Senator Sherrod Brown (D-Ohio) in November. The email was first reported by Politico. Conway, a venture capitalist, donated $500,000 to Fairshake in December along with a who’s who of other elite tech figures. He said going after Brown would undermine efforts by Senate Majority Leader Chuck Schumer, a…
Analyst Forecasts Bitcoin Bull Run Top With Time-Tested Indicator
In a video update on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s price movements through the lens of the PI Cycle Top Indicator, a predictive tool that has garnered attention for its historical accuracy in pinpointing the peaks of Bitcoin bull runs. Here’s How High Bitcoin Price Could Go This Cycle The PI Cycle Top Indicator operates by tracking two key moving averages: a short-term 111-day moving average (colored orange in Rekt Capital’s visual analysis) and the 350 day moving average (depicted in green) to gauge…
Best Short-Term Crypto Investments | Top Coins to Buy Now
Short-term investments involve buying assets or cryptocurrencies and selling them after a short period. This approach relies on speculation, taking advantage of minor price fluctuations to make a profit. It’s best suited for investing amounts you’re comfortable to risk. Ready? Let’s go. Short-term crypto trading strategies What are the main short-term trading strategies, and who are they suitable for? Day trading Day trading is all about buying and selling cryptocurrencies within the same day or even just a few hours. Traders aim to profit from small price movements. It’s a…
Is XRP on the Brink of a 50,000% Rally? Signs Point to Yes, Says Top Analyst
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
FTM secures top gainer spot with 8% jump, but market signals caution ahead
Fantom, a scalable blockchain platform for DeFi, surged by 8% on the morning of Aug. 16, making it the top performer in the crypto market. At the time of writing, Fantom (FTM) was still up 8%, exchanging hands at $0.393 per price data from crypto.news. The crypto asset’s daily trading volume jumped by 84%, hovering around $274 million, while its market cap stood at $1.1 billion, ranking it 70th among the top largest cryptocurrencies. FTM 24-hour price chart– Aug. 16 | Source: crypto.news The token’s price has jumped by 42%…
Private Investors Kicked Out Of Top Bitcoin Holder List, Here Are The Stats
As Bitcoin has become more mainstream, more and more institutions are beginning to hedge their bets with the cryptocurrency. Over the last four years, institutions have grown their holdings exponentially, and the result of this is that these large institutions have become the more dominant holders of Bitcoin. So much so that at this time, the top Bitcoin wallets no longer include any private holders besides Bitcoin creator Satoshi Nakamoto. Top 10 Bitcoin Wallets Revealed In an X (formerly Twitter) post, crypto pundit Marty Party shared an interesting development when…
Is Now the Time to Buy Bitcoin? Top Analysts Predict $150K Surge On The Horizon
Bitcoin, the largest cryptocurrency by market cap appears to have “bottomed out” and is now poised to surge above $150,000, according to prominent crypto analyst Captain Faibik. This insight from the analyst comes as Bitcoin currently sees a sign of rebound, reclaiming the $60,000 mark following its recent plunge below $59,000. A $150,000 Surge On The Horizon In his recent post on X, Captain Faibik disclosed a distinct pattern known as the Descending Broadening Wedge found on the BTC chart. This technical pattern typically indicates bullish potential, suggesting that an upward…
From Teraflux to Antminer: Exploring the Top ASIC Bitcoin Mining Rigs on the Market Today
During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per second (PH/s) of hashpower—dipped to its lowest point in history, sliding below $38 per PH/s. In this fiercely competitive bitcoin mining arena, only the most resilient operations can thrive, with the best-performing machines bringing in […] Original
Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network
Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled out by Lightning Labs, seeks to bring all the benefits of LN to […] Original