In a groundbreaking move, Crypto.com, a Singapore-based cryptocurrency exchange, has successfully secured a unique partnership with the Union of European Football Associations (UEFA) Champions League. This partnership marks the first of its kind, with Crypto.com becoming the official global sponsor of the prestigious football competition. The announcement of this collaboration has sent shockwaves through the
Core Scientific, a Texas-based Bitcoin mining company, has recently announced the pricing of an increased offering of $400 million in 3.00% convertible senior notes due in 2029. Originally set at $350 million, the offering size was upsized due to favorable market conditions. The notes are scheduled to settle on August 19, 2024, and will be
There has been much speculation about whether Bitcoin will ever reach the $20,000 mark again, with some believing it to be a distant memory. However, one analyst has a different perspective, suggesting that the possibility of Bitcoin falling back to $20,000 is not a question of if, but when. While the analyst does not predict
The recent lawsuit filed by Australia’s Securities and Investments Commission (ASIC) against the Australia Securities Exchange (ASX) Ltd. reveals serious allegations of deceptive practices. ASIC claims that ASX made false statements about its blockchain trade settlement project in February 2022. The ASX had stated that the project was “on track” for an April 2023 launch
As the digital asset market faces a significant downturn in this cycle, investor sentiment remains uncertain. Despite this overarching uncertainty, a recent analysis by Glassnode has unveiled clear indications of a revival in HODLing and accumulation activities among market participants. This shift in behavior is particularly noteworthy, given the volatile market conditions characterized by drastic
Ethereum’s Layer 2 ecosystem has seen a surge in daily transaction volume, reaching a new peak of 12.42 million transactions on August 12. This data points to rapid advancements in scalability, driving user engagement to new heights. The analytics platform Growthepie reported a 140% increase in daily transactions year-to-date, showcasing the growing popularity of Layer
Samuel Edyme, also known by his intriguing nickname, HIM-buktu, is a multifaceted individual in the realm of web3 content creation, journalism, and trading. His diverse skill set allows him to navigate through the intricacies of the crypto space with ease, offering insightful perspectives and market analyses that set him apart from his peers. Edyme’s foray
Bitcoin and several altcoins have seen a significant increase in price following the release of better-than-expected core PPI numbers in the United States. This surge in value comes after a period of volatility and price fluctuations in the cryptocurrency market. Bitcoin, the primary cryptocurrency, saw a positive end to the previous business week as it
Crypto analyst Javon Marks recently made waves in the crypto community by predicting a significant breakout for Ethereum (ETH). Marks suggested that ETH could experience a staggering 75% rise to reach $4,723. He highlighted the presence of bullish divergences that could fuel this parabolic rally, projecting that the breakout and divergence would be key factors
Peter Brandt, a well-known crypto analyst, recently highlighted an inverted or expanding triangle pattern in Bitcoin (BTC) using classical charting principles. The pattern, as explained by Brandt, features two descending trend lines that are diverging from one another. While some may interpret this pattern as a bullish signal, Brandt emphasizes the importance of waiting for