Crypto

Dell Technologies CEO Michael Dell has sparked a flurry of discussion and speculation within the crypto community after showing an interest in Bitcoin (BTC) on social media. This unexpected move by the tech billionaire has left many wondering if Dell Technologies might be considering a deeper foray into the crypto space, much like other high-profile executives in the tech industry. Is Dell Eyeing Bitcoin? CEO’s Social Media Moves Spark Speculation Dell initiated engagement with a tweet suggesting that “scarcity creates…

Financial banking giant Standard Chartered has confirmed plans to launch a Bitcoin (BTC) and Ethereum (ETH) trading desk in London. The move is in line with a growing trend in institutional adoption for cryptocurrencies that could drive prices higher. Billion-dollar banking giant Standard Chartered has revealed that it is nearing the opening of a Bitcoin (BTC) and Ethereum (ETH) trading desk in London. The banking giant is working on a new trading desk that will expose its institutional clients to…

The cryptocurrency market is known for its volatility, and predicting which trends will take off can be quite challenging. As we progress further into 2024, the cryptocurrency landscape has continued to evolve at a rapid pace, with new trends emerging that could reshape the market and offer significant investment opportunities. In this guide, we are cutting through the noise, sharing our findings, and informing you about the 5 crypto trends that could explode in 2024 based on current market conditions…

Circle’s CEO is very optimistic about the future of crypto, believing it is in the early stages of widespread adoption. Regulatory developments and advancements in blockchain technology are boosting market confidence. Jeremy Allaire, co-founder and CEO of Circle, has expressed unprecedented optimism about the future of cryptocurrency. Circle, known for issuing USDC, the world’s second-largest stablecoin by market cap, is positioned at the forefront of digital asset innovation. Allaire, a long-time participant in the crypto industry, believes that the market…

TON’s transaction volume reaches $10 billion daily, highlighting its growing popularity and impressive growth. TON token holders increase from 2.9 million to 32 million, showcasing exponential growth. Although the general crypto market is still down, there has been a tremendous upsurge in the Open Network (TON) native token. As of right now, TON is trading for about $7.59, up 5.95% over the last 24 hours, according to CoinMarketCap data. The slow progress of most other cryptocurrencies contrasts sharply with this…

The post Top Crypto News This Week: Crypto Market Faces $100B Loss as Bitcoin Price Struggles Below $64K appeared first on Coinpedia Fintech News Last week, the crypto market faced a steep $100 billion loss, pushing Bitcoin below $64,000. Despite multiple recovery attempts, Bitcoin struggled to regain stability, peaking at $66.5K before dropping to $63.4K. The upcoming week may see continued pressure, with bearish trends possibly halting any recovery. Meanwhile, positive market developments and regulatory news made Ethereum losing only…

This week's major news is that the SEC is bowing out of its investigation into Ethereum. The regulatory agency has, for now, dropped its attempts to categorize ETH as a security thanks to the pressure put on it by Ethereum developer Consensys. Despite the SEC’s dropping of the investigation, Consensys has decided to proceed with the lawsuit against the regulatory agency. Let’s find out more.  Bitcoin UK-based Standard Chartered is officially establishing a spot Bitcoin and Spot Ethereum trading desk.…

A crypto analyst has disclosed reasons why the price of Bitcoin could witness more declines to $52,000 lows. According to the analyst, Bitcoin has broken key support levels, which indicates a potential shift from a bullish to a bearish position.  Analyst Projects Bitcoin Crash To $52,000 In a post on X (formerly Twitter) on June 21, crypto analyst, Justin Bennett predicted that Bitcoin could witness a price crash to key ranges between $52,000 and $54,000. He shared a price chart…

Popular crypto analyst Credible Crypto predicts that the SEC backing off Ethereum is the last nail in the coffin for bears with the altcoin readying for a new all-time high. The analyst expects ETH to reach $5,000 and further predicts that Bitcoin (BTC) will reach $100,000 in this bull cycle. Ethereum (ETH) is one of the most closely watched cryptocurrencies in the upcoming bull market. Popular crypto analyst Credible Crypto who has risen to prominence due to his uncanny predictions…