Search Results for: TheNewsCrypto

MicroStrategy Raises $1.01B and Acquires 7,420 BTC, Is Solana’s $300 Dream for 2024 Within Reach? Rexas Finance (RXS) Aims for a 2,500% Rally by Early 2025

The presence of large organizations such as MicroStrategy is often seen to cause turmoil. Following the company’s recent raise of $1.01 billion, and purchase of 7,420 Bitcoin, the cryptocurrency community has been watching out for what MicroStrategy is aiming at, and a question many people are also asking is, is

September 27, 2024 5 mins read

Will ETH Reach Key Resistance as Market Momentum Builds?

Will Ethereum (ETH) Price Current Positive Momentum Hit $3K?

In the theatre of Finance, cryptocurrencies, Bitcoin and Ethereum, are emerging as top performers holding audience attention unfettered. The last 24 hours, saw Bitcoin climb to its crucial resistance level – $65K. Following this, Ethereum broke its $2.5K resistance yet again this week. The altcoin, despite its recent price slump,

September 27, 2024 2 mins read

Can Uptober Live Up to Its Bullish Expectations This Year?

The cryptocurrency market is gearing up for a potential bullish surge in October, famously dubbed “Uptober,” following a historically positive trend during this month. Uptober, a blend of “Up” and “October,” represents the expected bullish performance of Bitcoin and other altcoins based on historical data. According to Coinglass, Bitcoin has

September 27, 2024 2 mins read

Tornado Cash’s Roman Storm to Face Trial After Judge Denies Dismissal

Tornado Cash’s Roman Storm to Face Trial After Dismissal Denied

Tornado Cash co-founder Roman Storm will stand trial after a U.S. federal judge denied his motion to dismiss the case. On September 26, 2024, Judge Katherine Polk Failla ruled that Storm’s involvement in Tornado Cash extended beyond merely developing software. The platform reportedly laundered over $1 billion, with funds linked

September 27, 2024 2 mins read

Alchemy Pay Secures Four New US State Licenses to Boost Reach Out

Are Bitcoin Bulls Gearing Up for an Imminent $70K Run?

The beginning of September was crucial for Bitcoin (BTC) which failed to flaunt notable price movements. BTC has faced difficulty maintaining a rally above the $58K mark. The recent price momentum suggests that the leading cryptocurrency might be on the verge of a brief bullish trend. The bears continue restraining

September 27, 2024 2 mins read

Floki Price Analysis: Can Bitgert Outperform in the Current Market?

Floki and Bitgert are indeed some of the more interesting players in the Q4 2024 altcoin picks. Floki is a hyped meme coin named after Elon Musk’s dog, with highly ambitious ramifications. Bitgert, contrarily, is positioning itself as one of the most technologically advanced blockchain platforms. The price movements of

September 27, 2024 3 mins read

Wall Street Expert Who Accurately Predicted the Fed’s 50bps Rate Cut Says “It’s Time” for These 5 Cryptocurrencies to Explode

Even though the cryptocurrency market is very volatile, still, some analysts have gone to extremes to predict trends as well as movements. A certain Wall Street analyst with an impressive track record of calling the Fed’s 50bps cuts is now suggesting five of the most undervalued cryptocurrencies in the market.

September 27, 2024 5 mins read

Will Binance Founder CZ’s Early Release Propel the Crypto Market?

Crypto traders worldwide welcomed an astonishing report that stated CZ’s early release from prison. This news comes amid a circumstance when the crypto market is witnessing increased volatility. Leading cryptocurrencies are laying the groundwork to establish a full-fledged bull run, while bears pose hurdles. Notably, Binance Founder and former CEO

September 27, 2024 2 mins read

Robinhood and Revolut Eye Stablecoin Launch Amid Market Growth

Robinhood Markets Inc. and Revolut Ltd., two prominent fintech firms, are reportedly exploring the possibility of launching their own stablecoins, as per a Bloomberg report. If they entered the stablecoin market, the companies would follow the path of other financial giants like PayPal, which introduced its PYUSD stablecoin last year.

September 27, 2024 2 mins read

$1.7M Bedrock Exploit Adds to DeFi Growing List of Cyberattacks

$2M Bedrock Exploit Adds to DeFi Growing List of Cyberattacks

The crypto sector continues to face an alarming wave of cyberattacks, with a recent breach involving the Bedrock protocol adding to the growing list of DeFi exploits. Ten hours ago, Cyvers Alert, a digital asset monitoring platform, flagged a suspicious transaction linked to Bedrock, a DeFi multi-asset liquid restaking protocol.

September 27, 2024 2 mins read