[ad_1] Data shows the Bitcoin Coinbase Premium Gap has turned negative recently. Here’s what this could mean for the asset’s price. Bitcoin Coinbase Premium Gap Has Just Observed A Deep Plunge As an analyst in a CryptoQuant Quicktake post explained, the Coinbase Premium Gap has seen a rapid trend reversal recently. The “Coinbase Premium Gap” here refers to an indicator that keeps track of the difference between the Bitcoin prices listed on Coinbase (USD pair) and Binance (USDT pair). When the value of this metric is greater than zero, it means the price of the asset listed on Coinbase is greater than that…
Author: dfrancis36
[ad_1] Ethereum (ETH) is not the best solution for payments, according to PayPal’s Vice President of Blockchain, Crypto, and Digital Currencies (BCDC) unit, Jose Fernandez da Ponte. Ethereum Falls Short For Payment Purposes Speaking at the Solana Breakpoint 2024 conference, Ponte brought attention to Ethereum’s inability to handle a high volume of transactions as a key reason PayPal chose to launch its dollar-backed stablecoin, PYUSD, on the competing smart contract platform Solana (SOL). PayPal first introduced the PYUSD stablecoin in August 2023 on the Ethereum network. However, in May 2024, the company launched the stablecoin on the Solana blockchain, cementing…
[ad_1] A widely followed cryptocurrency analyst and trader is leaning bullish on a feline-inspired low-cap memecoin in the Binance Smart Chain ecosystem. The trader pseudonymously known as Bluntz tells his 274,800 followers on the social media platform X that a massive breakout for the Simon’s Cat (CAT) memecoin is in sight. “Cat season alive and well, CAT just keeps vertically accumulating then breaking out, constant grind up from launch. I think a face-ripping breakout is near.” Source: Bluntz/X Based on Bluntz’s chart, he seems to suggest that the CAT memecoin is in the process of breaking out from an ascending…
[ad_1] Mi Primer Bitcoin, Or My First Bitcoin, recently announced its fourth Bitcoin Educators Unconference. The organization revealed the time and place for the event’s next installment, jumping from Nashville to the city where it all started. Bitcoin Educators Goes Back To The Beginning Mi Primer Bitcoin (MPB) is a non-profit organization from El Salvador that focuses on BTC education worldwide. The organization is also known for hosting its Bitcoin Educators Unconference, bringing industry figures and BTC enthusiasts from around the globe to participate in the event. MPB announced that the fourth installment of their Unconference will be held in…
[ad_1] Este artículo también está disponible en español. Decentralized blockchain network Bittensor and its native token, TAO, have shown significant upward momentum over the past month, consistently outperforming major cryptocurrencies such as Bitcoin and Ethereum across all time frames. Designed for decentralized finance (DeFi) applications, TAO has surged past the $400 mark, achieving nearly 45% gains in the last month alone and an impressive 695% increase year-to-date. Analysts are optimistic about the token’s future potential, especially given that TAO reached an all-time high of $757 earlier this year. Many market experts believe that TAO could approach this price level again…
[ad_1] Two individuals, a Singaporean residing in the United States and a US citizen, have been charged with conspiring to steal and launder over $230 million in cryptocurrency. The pair, identified as 20-year-old Malone Lam, a Singaporean who splits his time between Miami and Los Angeles, and 21-year-old Jeandiel Serrano from Los Angeles, were arrested on Wednesday night by the FBI. Details Of The Crypto Laundering Scheme According to a press release from the US Department of Justice, Lam and Serrano fraudulently acquired more than 4,100 Bitcoin, valued at approximately $230 million during the theft, from a victim based in…
[ad_1] Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he…
[ad_1] Ethereum is firm when writing but continues to underperform versus Bitcoin. Though ETH is floating above $2,400, and may even break above $3,000 in the coming years, the rapid strengthening of the world’s most valuable coin, on the other hand, might push the ETH/BTC ratio to multi-month lows. ETH Struggling Versus Bitcoin, ETH/BTC Ratio Drops To A 40-Month Low As of September 20, IntoTheBlock data reveals that ETH is trading at the lowest level versus Bitcoin in over 40 months. This trend clearly shows that the market, even with the engagement of institutions, is bullish on BTC. Interestingly, ETH…
[ad_1] Este artículo también está disponible en español. At the TOKEN2049 conference, SkyBridge Capital founder Anthony Scaramucci revealed that US Vice President and Democratic nominee Kamala Harris is working alongside industry advocates on her crypto policies before the November elections. Related Reading Kamala Harris “Distancing” From Warren And Gensler On Thursday, Anthony Scaramucci claimed to be “working alongside” Kamala Harris to develop her campaign’s crypto policies. SkyBridge Capital’s founder announced at one of the largest crypto events worldwide that the Democratic nominee has been “hearing out” industry proponents. Scaramucci and other undisclosed crypto and Bitcoin advocates have been allegedly pushing…
[ad_1] Following the success of multiple tokens launched on the blockchain in 2023, Solana meme coins have become a major staple of the crypto investing community. With the likes of Dogwifhat, BONK, and POPCAT recording major gains for investors, it has led to the hunt for other tokens that could replicate the same success. So, here is a list of three promising Solana meme coins that could stage a 500% rally from their current prices. MYRO Still Promising Among Solana Meme Coins The price of MYRO has failed to keep up with other large Solana meme coins, such as BONK…