Crypto

Bitcoin has found its new local support at $60K and,, within a short time span, is back again trading above it. The crypto market is more resilient than ever. Despite the correction, its market cap did not fall below $2 trillion. What does this imply? This means the market is maturing, and investors can play on the narratives that will rule the crypto market in 2024. In 2024, AI, RWAS, and L1 blockchain will rule the crypto narratives and minds…

Discovering cryptocurrencies that could transform a modest investment into a significant fortune is a hot topic, especially now as the 2024 bull run unfolds. With the market's upward trajectory, identifying the right cryptocurrencies is key for those aiming to see considerable growth in their portfolios. This article offers insights into the top cryptocurrencies that show promise for substantial returns, guiding investors on where to potentially place their bets in the rapidly changing market of 2024. BlastUP Presale Ends in Few…

Grammy award-winning rapper Eminem recently cut an ad for Crypto.com to advertise blockchain to NBA fans. Here are 10 other celebrity endorsements that prove cryptocurrency adoption is accelerating. But real quick first— here’s “The Real Slim Shady” singer’s X post with the Crypto.com advertisement: You know what it’s always been. #FFTB #Ad @cryptocom pic.twitter.com/XZ3Qf7TkkR — Marshall Mathers (@Eminem) April 26, 2024 “From the beginning you couldn’t stop, breaking resistance with every swing and block. Your game plan never changed.” Bloomberg…

It was an eventful week for crypto, with the announcement of the new decentralized Bitcoin-based identity platform Orange Protocol from Michael Saylor’s MicroStrategy. Furthermore, the Aave V4 proposal is currently in its temperature check phase. Let’s find out more.  Bitcoin  MicroStrategy founder Michael Saylor and Cezary Raczko, EVP of Engineering, have announced the Orange Protocol, a decentralized identity platform built on the Bitcoin network. The platform will allow organizations to use and manage decentralized identity applications via the Bitcoin blockchain…

If you missed out on the bullish wave of the first quarter of 2024 for some reason, now is an opportunity to invest in the 5 best DeFi coins in the market. Amidst the crypto market's fluctuating price signals, these crypto projects are showing promising signs of a consistent price rally in 2024. These 5 top DeFi coins also have long-term growth potential for investors looking to add them to their portfolio for the long term. The Five Top DeFi…

Over time, the United States government, through its regulatory agencies, has filed cases against several crypto firms, demanding compliance for their products and services. While the list is extensive, some cases have stood out, like lawsuits against decentralized protocols like Uniswap, crypto mixing platforms like Tornado Cash, and big firms like Binance and Coinbase. The U.S. Fights Crypto The U.S. government’s fight against crypto entities became more intense last year. Within 48 hours in early June, the Securities and Exchange…

Unlike every other altcoin in the market, Bitgert coin is currently maintaining its remarkable rise in the crypto sphere thanks to its constant innovative strategies. Since the crypto market is known to thrive on disruptions and innovations, Bitgert is no doubt enjoying the tide, as its compelling features enable the Bitgert coin to easily thrive on these known market occurrences. Bitgert has successfully carved out a niche for itself, fueled by several factors and its bullish ascension in the crypto…

The post Crypto Weekly Report: Top News, Key Updates and Market Analysis appeared first on Coinpedia Fintech News This analysis report, backed by quality data, covers the major developments the Web3, Blockchain, and Crypto sector has experienced this week.  1. Breaking News This Week  Ryan Salame Forfeits Bahamas Property in FTX Plea Deal Former FTX Digital Markets co-chief executive Ryan Salame transfers his multimillion-dollar Bahamas property to settle a plea agreement. This follows his guilty plea on criminal charges, with…

Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his thoughts on the current Bitcoin price action. He stated that the flagship crypto has hit a local low and predicted what its future trajectory will look like.  Hayes Says Bitcoin Has Bottomed  In a recent blog post, Hayes mentioned that Bitcoin hit a local low when it dropped to around $58,600 earlier this week. As such, he doesn’t foresee the flagship crypto dropping below that price range again…