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Solana (SOL) Poised for Bullish Surge After Key Support Retest and Positive Funding Rates

Solana has recently seen an 8% price surge after retesting its bullish pennant support. The coin’s positive funding rates and increased trading volumes indicate a potential upward trend. A significant The post Solana (SOL) Poised for Bullish Surge After Key Support Retest and Positive Funding Rates appeared first on COINOTAG NEWS .

Russia Dominates Illegal Crypto Operations in 2023 with Significant Bitcoin Activities: TRM Labs Report

The involvement of Russia in illegal cryptocurrency activities saw a significant increase in 2023. Remarkably, Russian-speaking hacker groups accounted for nearly 70% of all ransomware earnings this year. The report The post Russia Dominates Illegal Crypto Operations in 2023 with Significant Bitcoin Activities: TRM Labs Report appeared first on COINOTAG NEWS .

Apple adopts Biden’s voluntary AI safeguards

Apple has joined its peers in adopting a set of voluntary AI guardrails introduced by President Joe Biden’s administration to ensure responsible development and deployment of the technology. The administration announced on Friday that the iPhone maker joined other tech firms in a move also meant to protect consumers from the potential ills of the

Bitcoin (BTC) Price Could Skyrocket to $263,000 Over Key Technical Indicator

A prominent cryptocurrency trader has recently predicted that leading cryptocurrency Bitcoin ($BTC) could reach a new record high above the $263,000 mark if it manages to break through a “textbook example” of a technical chart pattern. In a post shared on the microblogging platform X (formerly known as Twitter), popular pseudonymous cryptocurrency trader Trader Tardigrate

30,000X Potential with BlockDAG and Insights on Filecoin and Daddy Tate

Fight Night Frenzy: UFC Champ Alex Pereira & BlockDAG Team Up for a 30,000X Blow to Filecoin & Daddy Tate In the dynamic realm of cryptocurrencies, new investment opportunities regularly emerge, offering the prospect of substantial rewards. Filecoin (FIL) garners interest with its optimistic price projections, driven by its decentralized

Solana – Tracing SOL’s price action after it re-tests THIS key level

SOL's price charts have been accumulating a lot of positive momentum lately. Does that mean much?

Comrades In Crime: Russian-Speaking Hackers Bag 70% Of Crypto Proceeds – Report

A study from TRM Labs says that Russia’s involvement in illegal crypto operations grew a lot in 2023. Almost 70% of all cryptocurrency earnings from ransomware came from groups of people who spoke Russian. This makes them big players in this field. Related Reading: Kamala Harris Finds Ally In Ripple CEO Amid Crypto Backlash It

Bitcoin forming 'massive' bullish wedge pattern as trader eyes $85K

Bitcoin’s bullish pattern on the chart is signaling to crypto traders a potential 25% price increase from its current level.

BlackRock $ETH Daily ETH Inflows: +$87.1 Million

**BlackRock Daily $ETH Flows Reach $87.1 Million** Cryptocurrency enthusiasts have recently been buzzing with the latest update from financial giant BlackRock. The daily Ether (ETH) inflows for the investment firm The post BlackRock $ETH Daily ETH Inflows: +$87.1 Million appeared first on COINOTAG NEWS .

BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official

The BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by establishing a resilient and sanctions-resistant payment infrastructure. Discussions include integrating financial markets, payments in national currencies, and new mechanisms for mutual financial

BlackRock’s Bitcoin ETF Sees Continued Inflows Despite Decline in Positive Market Sentiment

BlackRock’s spot Bitcoin exchange-traded fund (ETF) has continued to attract millions from investors since last Monday, despite a notable decrease in positive Bitcoin commentary. The iShares Bitcoin Trust (IBIT), issued by BlackRock, recorded an additional $107 million in inflows on July 18, marking the ninth consecutive day of inflows, according to Thomas Fahrer, co-founder of crypto data platform Apollo. Seven of those nine days saw inflows exceeding $100 million, an achievement rarely seen in the ETF industry. However, crypto traders are displaying less optimism. Positive Bitcoin commentary on social media has declined compared to four months ago, and traders are

Tether announces TokenPocket Wallet support for TON USDT

Tether announced on July 27 that it had teamed up with TokenPocket to support USDT on TON. According to Tether, this integration enhanced the functionality of USDT in the TON ecosystem. Coingecko data shows that the USDT stablecoin had the highest market share in terms of market capitalization and circulation.

U.S. senators steal the show at Bitcoin 2024

U.S. Republican Senators Cynthia Lummis and Tim Scott took the stage at the Bitcoin 2024 conference today and straight up blamed the current Senate Banking Committee’s leadership for blocking American innovation, especially regarding Bitcoin. Tim Scott said: “We have to get rid of the folks who are in the way.” He was clearly pointing fingers

Trump Fuks Kamala Will Explode Over 19,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

Trump Fuks Kamala could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Fuks Kamala (TRUMPKAM), a new Solana memecoin that was launched recently, is poised to explode over 19,000% in price in the coming days. This is because TRUMPKAM is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Fuks Kamala can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early

Bitcoin [BTC] Predicted to Reverse Around $69k Amidst Mixed Technical Indicators

Bitcoin has shown a notable bearish trend on both the weekly and 3-day price charts. Technical indicators present a mixed outlook, with a higher likelihood of prices declining rather than The post Bitcoin [BTC] Predicted to Reverse Around $69k Amidst Mixed Technical Indicators appeared first on COINOTAG NEWS .

A test for Bitcoin bulls at $69K – What should you watch out for?

Bitcoin's mean coin age has not trended downward despite a price drop, showing BTC is not in a distribution phase yet.

Bitcoin’s Quiet Buildup: Analyst Predicts Major Inflows Yet to Come—Here’s Why

Recent insights from a CryptoQuant analyst suggest that Bitcoin’s recent price action could be the beginning of more substantial movements. The analyst, sharing insights on QuickTake, points to historical data on Bitcoin’s price trends and newcomer activities. This data comparison shows that the most significant bull cycles in Bitcoin history have often peaked when the influx of new investors reaches a specific threshold—a phenomenon fueled by a fear of missing out (FOMO) among new entrants. Related Reading: Bitcoin Traders Brace for Impact: QCP Capital Signals Incoming Price Drop—Here’s Why Bitcoin Quiet Buildup Interestingly, the current cycle presents a deviation from this established trend. Instead of experiencing new inflows at price tops, Bitcoin’s price ascent this time does not align with a significant increase in newcomer investments. This observation suggests that current upward price trends are not the result of a massive influx of new market participants but rather likely supported by different factors within the broader financial ecosystem. The current bull cycle’s support appears to rely heavily on the introduction and performance of spot ETFs (Exchange-Traded Funds) focused on Bitcoin. These financial products have provided both seasoned and new investors a regulated pathway to invest in Bitcoin, potentially stabilizing its price without the direct participation of newcomers typically seen in past cycles. However, as the market adjusts to these instruments, the same CryptoQuant analysis suggests a potential shift may be on the horizon. According to the analysis, the minor wave of new inflows observed in the first quarter of 2024 is a precursor to what might become more pronounced market behavior in future cycles. The analyst elaborated that the lack of major new entrant inflows near price tops at these levels could indicate that Bitcoin will likely experience longer periods of upside move when more existing and novice investors start participating in the market. This pattern, once initiated, could lead to more strong and longer-lasting bull markets compared to those triggered by temporary FOMO. BTC Market Performance and Outlook Meanwhile, Bitcoin is still seeing some fairly bullish price action. So far, the asset is still maintaining its price mark above $65,000, with a current trading price of $67,495, up by 3.8% in the past 24 hours. Amid this price performance, notable analysts in the space have continued to be bullish on Bitcoin, sharing their respective optimistic views on its price action. Just recently, an analyst known as Moustache on Elon Musk’s social media platform X disclosed an interesting observation on BTC’s chart. Related Reading: Analyst Breaks Down Bitcoin’s Potential for Surge and Setback, Reveals 5 Key Trends According to the analyst, Bitcoin has been copying the famous Wyckoff Reaccumulation Model, indicating that a major surge is on the horizon. #Bitcoin Did you know that $BTC copies the famous Wyckoff Reaccumulation Model almost perfectly? I’ve been sharing this chart for weeks now. Don’t let yourself be shaken out here. Higher soon. $70,000 next. pic.twitter.com/xv3d3soYq9 — 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 (@el_crypto_prof) July 25, 2024 Featured image created with DALL-E, Chart from TradingView

SEC approves Grayscale’s Bitcoin Mini Trust ETF for NYSE Arca listing

The Securities and Exchange Commission (SEC) has given the nod to Grayscale’s Bitcoin Mini Trust ETF, allowing it to be listed and traded on NYSE Arca. The SEC’s decision comes after a thorough review process. The approval process was detailed and involved several key components. The SEC evaluated whether the proposal met the standards in

Bitcoin’s Long-Term Holders Reverse Course to Accumulate $8 Billion Worth of BTC in Weeks

On-chain data is revealing a shift in behavior among Bitcoin’s long-term holders, those who have held their coins for at least 155 days, which have recently reversed a sell-off trend and are now accumulating BTC at a rapid pace, absorbing nearly $8 billion worth of the cryptocurrency in recent weeks. According to data shared by

COTI Surges 27% Amid Announcement of Role in Israel’s CBDC Project with PayPal and Fireblocks

This week, the low-cap altcoin Coti (COTI) reported significant growth driven by its involvement in a Central Bank Digital Currency (CBDC) project. Coti, which operates as a privacy-focused layer-2 network The post COTI Surges 27% Amid Announcement of Role in Israel’s CBDC Project with PayPal and Fireblocks appeared first on COINOTAG NEWS .

Solana (SOL) Booms with 17x Gains and DeFi Surge Amid Market Fluctuations

Solana’s ecosystem has demonstrated a noteworthy surge in market performance, positioning SOL Coin among the most profitable assets this year. The increased interest in low market cap altcoins has significantly The post Solana (SOL) Booms with 17x Gains and DeFi Surge Amid Market Fluctuations appeared first on COINOTAG NEWS .

CoinGate Crypto Payments Report Highlights Solana, Shiba Inu, and Litecoin as Top Performers

CoinGate has recently published a detailed report on the state of cryptocurrency payments on its platform. The report identifies Solana (SOL), Shiba Inu (SHIB), and Litecoin (LTC) as top performers The post CoinGate Crypto Payments Report Highlights Solana, Shiba Inu, and Litecoin as Top Performers appeared first on COINOTAG NEWS .

Microsoft Bing Adds AI to Search Results, Following Google’s Lead

Bing search results organized by AI, now in limited release, will feature prominent links to external sites.

Shiba Inu, Solana, And Litecoin Lead The Charge For Crypto Payments

Cryptocurrency payment gateway CoinGate has released a report outlining the current stage of crypto payments on its platform. The crypto platform has also declared Shiba Inu (SHIB), Solana (SOL) and Litecoin (LTC) as leading coins for crypto payments. CoinGate Crypto Payments Surge With Solana And Litecoin The crypto payments sector continues to grow rapidly, driven

Bitcoin Investors Won’t Sell BTC Even if Price Drops to $3K, Peter Schiff’s Poll Shows

Gold advocate Peter Schiff has conducted two polls regarding bitcoin’s value and investors’ actions if the crypto’s price falls significantly. Despite his consistent criticism of bitcoin, the majority of respondents expressed strong commitment to holding their BTC even if the price drops drastically. Schiff maintains that bitcoin’s value proposition is flawed and anticipates a significant

Shiba Inu (SHIB) Set for 20% Rise? XRP's EMA Cross Stuns, Toncoin (TON) Reaches Key Milestone

Market seeing volatility surge, which may finally lead to proper breakthrough

Trump Fundraiser Hosted by BitGo CEO Promises Major Bitcoin Support in Palo Alto

BitGo CEO Mike Belshe hosts a high-profile fundraiser for Donald Trump’s campaign. The event is designed to draw substantial support from the cryptocurrency sector. Trump and his vice-presidential nominee JD The post Trump Fundraiser Hosted by BitGo CEO Promises Major Bitcoin Support in Palo Alto appeared first on COINOTAG NEWS .

Bitcoin Signals Bullish Reversal at $63,193.80 Support Level Amid Strong ETF Demand

Bitcoin is showcasing a bullish reversal following a critical retest of support at $63,193.80. Demand for spot Bitcoin ETFs has now surpassed their new supply. A prominent financial analyst has The post Bitcoin Signals Bullish Reversal at $63,193.80 Support Level Amid Strong ETF Demand appeared first on COINOTAG NEWS .

Robert F. Kennedy Jr. vows to buy 550 Bitcoin daily for U.S. reserve if elected

At Bitcoin 2024 today, Robert F. Kennedy Jr. threw out some pretty radical ideas about how he plans to integrate Bitcoin into the U.S. economy if he wins the election. The big plan? Start scooping up Bitcoin daily and use it to strengthen the U.S. financial system. Kennedy got this idea to transfer the 204,000

Solana Ecosystem Achieves Significant Gains

Solana ecosystem saw significant gains in the last 24 hours. Market value of Solana altcoins jumped from $220.93 billion to $234.7 billion. Continue Reading: Solana Ecosystem Achieves Significant Gains The post Solana Ecosystem Achieves Significant Gains appeared first on COINTURK NEWS .

Bitcoin’s rally to $71K depends on major factors – Looking into…

Bitcoin price has surged by 6.45% since retesting a key support level.

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

One low-cap altcoin surged by more than 27% this week amid its newly announced involvement in a central bank digital currency (CBDC) project. Coti (COTI) is a privacy-focused layer-2 network built on Ethereum (ETH). The project’s native asset is trading at $0.118 at time of writing, up from $0.0929 one week ago. Coti announced on The post Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project appeared first on The Daily Hodl .

Donald Trump Receives Extended Support From Bitgo CEO & JD Vance

BitGo CEO Mike Belshe will be holding a fundraiser for Donald Trump’s campaign with special guest Republican vice-presidential nominee JD Vance. Organized for Monday in Palo Alto, California, the event is believed to attract much attention of the crypto-community. Donald Trump Fundraiser by BitGo CEO Mike Belshe, the CEO of BitGo, will be hosting a The post Donald Trump Receives Extended Support From Bitgo CEO & JD Vance appeared first on CoinGape .

What’s the big deal with a Solana ETF?

Probably the most-talked about things in the crypto industry right now are exchange-traded funds (ETFs). With spot Ether ETFs hitting the U.S. markets, everyone’s asking: “What’s the next big crypto to get its own ETF?” The buzzword? Solana. This cryptocurrency is known for being a speedy and cost-effective rival to Ethereum, capable of handling large

Edward Snowden Tells Bitcoin Fans to Vote—But ‘Don’t Join a Cult’

The outspoken privacy advocate said elections historically haven't changed much, and meanwhile railed against the threat AI poses to citizens.

Bitcoin ETFs Added To Michigan State Pension Fund With $6.6 Million Allocation

The approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) in January 2023 has opened the floodgates for significant institutional investment in the newly approved market. However, US states are also rushing to capitalize on the success of these ETFs by allocating a portion of their pension funds to reap profits and diversify their investments. Wisconsin, Jersey City, Michigan Allocate Millions To Bitcoin ETFs The first state to take the plunge was Wisconsin, which in May 2023 allocated approximately $98.6 million, or 2% of its pension fund, to BlackRock’s iShares Bitcoin Trust ETF. Now, two more states have joined Wisconsin in allocating state pension funds to Bitcoin ETFs. On Thursday, NewsBTC reported that the mayor of Jersey City, Steven Fulop, announced that it is updating its paperwork with the SEC to allow its pension fund to invest in Bitcoin ETFs. Related Reading: VacEck Places $52.4 Million Price Tag On Bitcoin, But How Is This Possible? The latest state to join the Bitcoin ETF investment bandwagon is Michigan; as in an SEC filing on Friday morning, the State of Michigan Retirement System reported owning $6.6 million worth of shares in the ARK Bitcoin ETF managed by Ark Invest, amounting to 110,000 shares as of June 30th. However, Jersey City remains the only one that discloses the percentage of the fund’s investment in the Bitcoin ETF market and which asset manager will be selected to manage the fund’s allocation. Still, this notes the significant traction that the new Bitcoin ETF market has gained over the past seven months among institutions and now these states, adding to the notable inflows and assets under management surpassing the $17 billion milestone, eclipsing tech-based ETFs. BTC Price Rebound Fueled By Spot ETFs The Bitcoin price has steadily recovered over the past two weeks, rebounding from a 6-month low of $53,500 at the beginning of July. However, according to a new report by on-chain and market data analytics firm CryptoQuant, this price recovery has continued to rely on spot Bitcoin ETFs rather than a surge of new investor inflows. The CryptoQuant report examined Bitcoin price movements and new investor holdings over the past 8 years and found that in previous long-term bull cycles, the Bitcoin price peaked when the number of new entrants crossed a certain threshold, indicating a strong “fear of missing out” (FOMO) driving inflows. However, the firm contends that the current Bitcoin bull cycle does not exhibit the same trend of new investor inflows at price tops. Instead, the report noted that the recent spike in new inflows seen in the year’s first quarter appears to be just a temporary wave between longer-term cycle tops. Related Reading: Bitcoin Supply Drop Signals Upbeat Price Movement, Analyst Says This suggests that Bitcoin’s recent price recovery has been driven more by the inflows into spot Bitcoin ETFs rather than a surge of new investors entering the crypto market. While spot ETFs have supported the Bitcoin price, the report indicates that a more sustainable upside will depend on a return of new investor demand. When writing, the largest cryptocurrency on the market was trading at $67,530, up nearly 5% in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com

Bitcoin Price Prediction: Robert Kennedy Jr. Advocates for US to Hold as Much BTC as Gold

Robert Kennedy Jr.'s push for the U.S. to hold Bitcoin like gold and VanEck's $325,000 prediction boost BTC's outlook. The post Bitcoin Price Prediction: Robert Kennedy Jr. Advocates for US to Hold as Much BTC as Gold appeared first on Cryptonews .

Michael Saylor: US Government Should Own Majority of Bitcoin in the World

Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as a critical asset for the future. Saylor emphasized: “The country gotta look to the future, and the future of the country

Michigan Allocates $6.6 Million to Bitcoin ETFs, Joining Growing Trend Among U.S. States

The State of Michigan Retirement System has recently announced its investment in Bitcoin ETFs, exemplifying the increasing adoption of cryptocurrency by governmental bodies. This move marks Michigan as the second The post Michigan Allocates $6.6 Million to Bitcoin ETFs, Joining Growing Trend Among U.S. States appeared first on COINOTAG NEWS .

XRP Holdings Decline Sharply in Latest OKX Report Amid Asset Reallocation Trends

OKX has unveiled its latest monthly proof-of-reserves report, illuminating the current status of user funds and exchange reserves. The report reveals a decline, with OKX holding $19.8 billion in assets, The post XRP Holdings Decline Sharply in Latest OKX Report Amid Asset Reallocation Trends appeared first on COINOTAG NEWS .

Spot Ethereum ETFs will succeed despite weak start

This week, the crypto industry saw the launch of spot Ethereum ETFs, a big step for the market. Nine companies, including Franklin Templeton and VanEck, got the green light from the SEC to introduce these ETFs. However, things didn’t kick off with a bang. Franklin Templeton’s Franklin Ethereum ETF (EZET) started off on a shaky

New Memecoin Pepe Eats Solana Will Skyrocket to $10 Million Ahead of Exchange Listing, While SHIB and BONK Underperform

Pepe Eats Solana could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Pepe Eats Solana (PEPEATS), a new Solana memecoin that was launched recently, is poised to explode over 19,000% in price in the coming days. This is because PEPEATS is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Pepe Eats Solana can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early

Polymarket Drives 6% of Polygon Transaction Fees, But MATIC Price Remains Unaffected

Polymarket now accounts for 6% of transaction fees on the Polygon network However, MATIC’s price action remains relatively unaffected by its recent growth Blockworks’ recent analysis highlights Polymarket as a The post Polymarket Drives 6% of Polygon Transaction Fees, But MATIC Price Remains Unaffected appeared first on COINOTAG NEWS .

VanEck CEO Has “Way Over 30%” Of His Personal Funds In Bitcoin

The CEO of Van Eck says he has trouble justifying to clients why they should sell Bitcoin. The post VanEck CEO Has “Way Over 30%” Of His Personal Funds In Bitcoin appeared first on Cryptonews .

BlackRock’s Massive Ethereum ETF Holdings: A Game Changer for ETH

BlackRock, the global investment titan, has made significant strides in expanding its Ethereum holdings via its spot ETF product. The swift aggregation of 77,000 ETH, valued at approximately $277 million, The post BlackRock’s Massive Ethereum ETF Holdings: A Game Changer for ETH appeared first on COINOTAG NEWS .

Cardano’s Chang Hard Fork Paves Way for Voltaire Era with Node 9.1.0 Release

The Cardano network is on the cusp of a significant milestone with the imminent Chang hard fork, marking the onset of the Voltaire era. This pivotal transition is supported by The post Cardano’s Chang Hard Fork Paves Way for Voltaire Era with Node 9.1.0 Release appeared first on COINOTAG NEWS .

RFK Jr. promises BTC strategic reserve, dollar backed by hard assets

The presidential hopeful gave Bitcoin eloquent praise as a future support for the US economy and way to fix broken American money and society.

The State Of Michigan Has Bought Bitcoin In Its Pension Fund

Michigan bought $6 million in BTC in Q2. How high could that allocation go over time?

Top Crypto Gainers Today on DEXScreener – USPEPE, BAR, BUG

As crypto markets push higher in wake of US inflation data that has bolstered Fed rate cut confidence and in anticipation of pro-crypto remarks from US President Donald Trump at the Nashville Bitcoin Conference on Saturday, meme coins are popping and are the top crypto gainers today. The post Top Crypto Gainers Today on DEXScreener – USPEPE, BAR, BUG appeared first on Cryptonews .

Analyst Predicts Significant Potential for Dogecoin

Bitcoin's price visited above $68,000 but then pulled back. Analyst Kaleo predicts DOGE could increase between 706% and 1,512%. Continue Reading: Analyst Predicts Significant Potential for Dogecoin The post Analyst Predicts Significant Potential for Dogecoin appeared first on COINTURK NEWS .