Cryptocurrency news

• Half of the 10 most valuable companies on Earth are making metaverse hardware

  11-08-2024 22:13 via cointelegraph.com
  The metaverse is dead, long live the metaverse.
  
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• BEAM Inks 15% Gains As Exciting Developments Hit The Market – Details

  11-08-2024 22:00 via newsbtc.com
  
  With the market posting minute but continuous gains, BEAM captures this momentum, which caused the current uptick in the token’s price. According to CoinGecko, BEAM is up nearly 18% in the past 24 hours as investors flock to the token. The Beam network is experiencing awesome on-chain development that gives it an edge against its competitors. As the market enters a new week with enthusiasm, BEAM might be on the path of bullishness in the long run. 
  Beam Network Goes To Gamescom 2
  
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• Traders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOT

  11-08-2024 21:28 via cointelegraph.com
  Bitcoin bulls are trying to flip $60,000 to support, and if that happens, ETH, SUI, TAO and NOT could move higher.
  
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• OpenAI fears people will forms bonds with the AI it developed to fool humans

  11-08-2024 20:42 via cointelegraph.com
  The warning shows that developers are aware that anthropomorphization is a legitimate concern in the AI industry.
  
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• Celsius Takes Legal Action Against Tether In $2.4 Bitcoin Collateral Controversy

  11-08-2024 20:00 via newsbtc.com
  
  Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The lawsuit, which was filed concerning a contract dispute dating back to 2022, alleges that Tether violated their agreement by unjustifiably liquidating 39,542.42 Bitcoins that were held as collateral for a loan issued in USDT. Celsius contends that Tether’s decision to sell the Bitcoin at that time was improper and a breach of the loan agreement.
  Celsius Files La
  
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• Quantum computers are advancing much faster than scientists expected

  11-08-2024 18:45 via cointelegraph.com
  Breakthroughs in scalability, error-correction, and infrastructure have led to an accelerated timeline for quantum advantage.
  
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• Bitcoin Exchange Outflows Soar To Yearly High – Could This Fuel A Return To $70,000?

  11-08-2024 18:00 via newsbtc.com
  
  The recent slide in price of Bitcoin below the $60,000 threshold, followed by a subsequent drop below $50,000, might finally be showing signs of reversal, as suggested by the latest buying trends. These trends indicate a strong accumulation phase among large-scale investors, commonly known as whales, who have been capitalizing on the price dip to bolster their crypto holdings.
  As such, Bitcoin addresses have collectively withdrawn over $1.7 billion worth of Bitcoin from various exchanges, markin
  
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• Bitcoin metric calls ‘local bottom’ as traders eye sub-$60K BTC price

  11-08-2024 16:25 via cointelegraph.com
  BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over.
  
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• Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price

  11-08-2024 16:25 via cointelegraph.com
  BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over.
  
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• AVAX Poised For 2025 Surge: Analyst Predicts $382 All-Time High

  11-08-2024 16:00 via newsbtc.com
  
  Cryptocurrency enthusiasts are ecstatic after AVAX mapped out the first signs of a probable breakout, and a famous crypto analyst fueled the wave of optimism with his bullish forecast. The expert, Alan Santana, believes that AVAX graphs look pretty much alike compared to Bitcoin before it surged in price. Now, can AVAX be about to replay this scenario? An in-depth analysis and further explanation are provided here.Drawing Parallels With Bitcoin
  Santana’s analysis hinged on the idea that Av
  
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• 4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning

  11-08-2024 15:18 via cointelegraph.com
  MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat.
  
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• Solana and Mpeppe: The Altcoins Poised to Deliver 100x Returns in the Next Market Surge

  11-08-2024 15:00 via newsbtc.com
  
  Investors are constantly seeking the next big opportunity. As the market prepares for its next surge, two altcoins stand out for their potential to deliver extraordinary returns: Solana (SOL) and Mpeppe (MPEPE). Both of these digital assets are gaining traction for their unique offerings and promising prospects, making them prime candidates for substantial gains in the upcoming market upswing.
  Solana (SOL): The High-Performance Blockchain
  Solana (SOL) has rapidly emerged as a leading blockchain
  
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• Pepecoin: PEPE Births Two Presale Giants Predicted 100X Profits, Here’s Wy Mpepe Is Popular

  11-08-2024 15:00 via newsbtc.com
  
  Pepecoin (PEPE) has set a high standard for meme coins, creating a blueprint for success in this dynamic market. As we look forward, two presale giants are emerging with predictions of 100x returns: Pepe Unchained (PEPU) and Mpeppe (MPEPE). Both projects are building on the Pepecoin (PEPE) legacy but are taking different approaches to capture investor interest and market share.
  How Mpeppe (MPEPE) and Pepe Unchained (PEPU) Leverage Pepecoin’s (PEPE) Legacy
  Pepecoin (PEPE) has demonstrated t
  
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• Mpepe:3 Reasons Pepecoin & PEPU Investors Are Flocking To Mpeppe For Profits

  11-08-2024 15:00 via newsbtc.com
  
  Investors are constantly on the lookout for the next big opportunity. Mpeppe (MPEPE), a fresh entrant in the meme coin arena, has quickly garnered attention from both Pepecoin (PEPE) and Pepe Unchained (PEPU) investors. Here’s why Mpeppe (MPEPE) is emerging as the go-to investment for those seeking substantial gains.
  Revolutionary Meme Culture Fusion
  Mpeppe (MPEPE) stands out by integrating meme culture with cutting-edge blockchain technology, capturing the essence of what made Pepecoin (P
  
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• Is Ethereum Super Undervalued? Can Mpeppe (MPEPE) Catalyze a Big Run

  11-08-2024 15:00 via newsbtc.com
  
  The question on many investors’ minds is whether Ethereum (ETH) is currently undervalued. Ethereum (ETH) has long been a powerhouse in the blockchain space, known for its robust smart contract capabilities and extensive decentralized finance (DeFi) applications. Despite its achievements, some market observers believe that Ethereum (ETH) might be poised for a major upswing, especially with new developments on the horizon.
  Mpeppe (MPEPE): A Game-Changer on the Ethereum (ETH) Blockchain
  Enter
  
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• $350M Ether Set for Withdrawal, Can Mpeppe (MPEPE) Expect to Benefit from Market Movements?

  11-08-2024 15:00 via newsbtc.com
  
  A substantial shift in the cryptocurrency landscape is on the horizon with approximately $350 million worth of Ether (ETH) set for withdrawal. This significant movement of funds has captured the attention of investors and analysts alike, raising questions about its impact on the Ethereum (ETH) ecosystem and its associated projects. As the crypto community watches closely, there’s growing speculation about how this shift might influence emerging cryptocurrencies such as Mpeppe (MPEPE).
  How
  
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• Hong Kong to enhance digital asset regulation in 18 months

  11-08-2024 14:19 via cointelegraph.com
  By establishing a comprehensive regulatory framework, the city aims to attract global fintech talent, foster innovation, and ensure the security and integrity of digital asset transactions.
  
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• Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says

  11-08-2024 14:00 via newsbtc.com
  
  The price of Bitcoin has shown no significant movement in the last day rising by only 0.78% according to data from CoinMarketCap. Following a widescale crash in the global financial markets, the crypto market leader pulled off a strong recovery in the past week, gaining by 16% to reach a peak of $62,000. As Bitcoin currently retains a sideways movement, crypto analyst Michaël van de Poppe has revealed a likely condition for the token’s next bullish run. 
  Bitcoin Poised For Bullis
  
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• Tornado Cash dev Alexey Pertsev seeks more funding for legal appeal

  11-08-2024 12:08 via cointelegraph.com
  The case of Alexey Pertsev is more than just a legal battle; it is a pivotal moment for the crypto community and advocates of digital privacy.
  
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• Bitcoin Penetrating Mainstream Macro Capital Markets – What About Ethereum?

  11-08-2024 11:00 via newsbtc.com
  
  Most large-cap cryptocurrencies, including Bitcoin and Ethereum, have not exactly lived up to the hype and promise in the second half of 2024. Investors saw the general market experience a negative start to the past week, with most assets shedding a significant portion of their value.
  Interestingly, this recent price action has offered a unique insight into the current state of the crypto market and its relationship with the macro capital markets.
  Spot Bitcoin ETFs Vs. Ethereum ETFs — Rela
  
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• African Union greenlights AI adoption across member states

  11-08-2024 09:20 via cointelegraph.com
  The strategy aims to fast-track AI development and adoption in Africa, driving innovation and growth that aligns with Nigeria’s digital transformation goals.
  
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• BitGo to transition Wrapped Bitcoin business to multi-jurisdictional custody

  11-08-2024 08:40 via cointelegraph.com
  BitGo claims the move of its Wrapped Bitcoin business will make it the world’s first “multi-jurisdictional and multi-institutional custody."
  
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• BitGo set to transition Wrapped Bitcoin business to multi-jurisdictional custody

  11-08-2024 08:40 via cointelegraph.com
  BitGo claims the move of its Wrapped Bitcoin business will make it the world’s first “multi-jurisdictional and multi-institutional custody."
  
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• Solana Epic Bull Run Is Just Starting – 10 Catalysts That Could Drive SOL To $1,000

  11-08-2024 08:30 via newsbtc.com
  
  In a major turnaround, Solana (SOL) has managed to bounce from a 6-month low of $109 to consolidate above the $150 mark in the past 24 hours, solidifying its status as one of the best performers in the market year-to-date.
  The recent market rally has breathed new life into Solana, but according to crypto analyst Miles Deutscher, this is just the beginning. In a detailed social media post, Deutscher revealed 10 reasons why he believes SOL is poised for a staggering 5x to 10x upside move, with the
  
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• Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000

  11-08-2024 06:00 via newsbtc.com
  
  Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash.
  Cowen noted in a video posted on his YouTube channel that Bitcoin is at risk of dropping lower if it fails to hold above $62,000 heading into the Death Cross. Bitcoin had rallied to as high as $62,000 after recovering from its price crash below $50,
  
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• Morgan Stanley’s Bitcoin ETF push a ‘death wish,’ says former SEC official

  11-08-2024 05:29 via cointelegraph.com
  Former United States Securities and Exchange Commission official John Reed Stark believes Morgan Stanley’s Bitcoin ETF pitch could severely burden its compliance department.
  
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• Morgan Stanley’s Bitcoin ETF push is a 'death wish,' says former SEC official

  11-08-2024 05:29 via cointelegraph.com
  Former SEC official John Reed Stark warns that Morgan Stanley’s Bitcoin ETF pitch could burden its compliance department.
  
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• Morgan Stanley’s Bitcoin ETF push a ‘death wish,' says former SEC official

  11-08-2024 05:29 via cointelegraph.com
  Former United States Securities and Exchange Commission official John Reed Stark believes that Morgan Stanley’s Bitcoin ETF pitch could severely burden its compliance department.
  
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• Morgan Stanley’s Bitcoin ETF push a 'death wish,' says former SEC official

  11-08-2024 05:29 via cointelegraph.com
  Former United States Securities and Exchange Commission official John Reed Stark warns that Morgan Stanley’s Bitcoin ETF pitch could burden its compliance department.
  
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• Dogecoin Major Metrics Fire Bullish Signals, Can Price Cross $0.5

  11-08-2024 04:00 via newsbtc.com
  
  Dogecoin has shown a remarkable recovery over the past five days after a significant downturn triggered by a broader market sell-off. During the first five days of August, the cryptocurrency experienced a sharp decline, plummeting by 38%, dropping from $0.1348 to a low of $0.0831. However, DOGE has demonstrated resilience in the face of these challenges. After hitting the $0.0831 mark, the cryptocurrency began to stage a notable comeback. 
  Over the last five days, DOGE has rebounded by appr
  
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• XRP surges after Ripple ‘victory,’ Trump Jr. crypto platform plans, and more: Hodler’s Digest, Aug. 4-10

  11-08-2024 01:59 via cointelegraph.com
  XRP surged 26% after Ripple scores a ‘victory,’ Donald Trump Jr. reveals plans to launch crypto platform: Hodler’s Digest
  
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• Cronos Surprises With 12% Uptick – Can Investors Sustain The Rally?

  11-08-2024 01:58 via newsbtc.com
  
  Cronos is currently riding the bullish wave, seeing significant gains despite the momentum of the general market slowing down. According to Coingecko, the token is up more than 12% since last week, going against the grain of the general market momentum. This week, Cronos has spurred investor interest as it creates momentum for its upcoming Cronos zkEVM mainnet alpha launch on August 15th. 
  Cronos zkEVM Set To Launch With Major Partners
  The official Cronos X account has announced that t
  
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• Solana: Consolidation Phase Starts As Token Movement Plateaus

  11-08-2024 00:00 via newsbtc.com
  
  After the market’s astonishing recovery, Solana (SOL) has entered another consolidation phase leading to lower volatility which gives the bulls much-needed rest after capturing huge gains. According to Coingecko, the token is down a measly 2% in the past 24 hours but is still in the green at the 30-day timeframe at over 9% gains.Although SOL gained a lot during the market’s strong rebound, there has been some news that has also affected the token’s movement, hampering growth wh
  
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