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Coinbase has finalized its actions to phase out Bitcoin SV from its list of support ed digital assets. Initially rumored in November 2023, the delisting became official when Coinbase announced it had deprecated support for Bitcoin SV (BSV). In a post on X, Coinbase advised users who still held BSV that their assets had been forcefully liquidated and converted into a different cryptocurrency available on the platform, albeit after the deduction of transaction costs. We have deprecated support for Bitcoin SV (BSV). We appreciate your patience and cooperation. https://t.co/35AhSAerJt — Coinbase Assets ️ (@CoinbaseAssets) February 3, 2024 The exchange also notified customers that the involuntary conversion process might not result in compensation, especially if their BSV holdings were minimal, given that transaction fees and market volatility could erode the asset’s value entirely. Coinbase further warned that after the deprecation date, it would remove the remaining ...

In a noteworthy development within the cryptocurrency sphere, nine recently introduced spot Bitcoin exchange-traded funds (ETFs) have collectively garnered more than $4 billion worth of Bitcoin in just seven days of trading. The total assets under management (AUM) for these ETFs now exceed 100,000 BTC, equivalent to approximately $4 billion, excluding the Bitcoin Trust (GBTC) fund, which has been converted by Grayscale. Key Players The prominent nine ETFs driving this surge in Bitcoin holdings encompass BlackRock (IBIT), Fidelity (FBTC), Bitwise (BITB), Ark 21Shares (ARKB), Invesco (BTCO), VanEck (HODL), Valkyrie (BRRR), Franklin Templeton (EZBC), and WisdomTree (BTCW). BlackRock’s spot Bitcoin ETF (IBIT) takes the lead, boasting 40,213 BTC in holdings, followed closely by Fidelity’s FBTC with 34,152 BTC, according to data from K33 Research. January 23 The new ETFs took seven trading days to amass BTC holdings of more than 100,000 BTC. BlackRock needed 7 trading days t...

As the festive season approaches, individuals interested in crypto currency investments are directing their focus toward potential opportunities in the crypto market. Shiba Inu (SHIB) has emerged as a notable choice among contenders for seasonal profits, offering a unique blend of popularity, volatility, and potential returns. Changelly, a reputable platform, has conducted a comprehensive Analysis of market conditions to forecast the price of Shiba Inu on Christmas day. These algorithms, specifically designed to navigate the dynamic crypto market landscape, anticipate a 10% decrease from the current asset price. It is positioning SHIB at $0.000008396 on Christmas Eve. Subsequently, on Christmas day, SHIB is projected to be traded at $0.000008894. It reflects a 4% decline from its present value. Source Also Read: Shiba Inu: Here’s How High SHIB’s Price Can Reach In 2024 Shiba Inu Leads in Meme Coin Social Activity Recent findings from Crypto Dep, reveal that SHIB has secu...

The crypto currency market began the week with considerable volatility. Shiba Inu (SHIB), a well-known meme coin, was not exempt from these fluctuations. Presently valued at $0.00000958 and showing no significant declines in the past 24 hours. Shiba Inu has demonstrated resilience against recent bearish trends. With a recent 5% uptick in the last couple of days and an impressive 18% surge over the past 14 days, SHIB’s recent performance stands out, particularly in the context of the broader market influenced by a Bitcoin rally. Breaking Trends for Shiba Inu In a noteworthy development, the meme coin has successfully broken a four-month-long bearish trend in just a week. This further signaled renewed positive momentum. As SHIB captures the attention of both traders and enthusiasts, Changelly, a leading crypto currency exchange, has released a report examining the potential future trajectory of SHIB’s price. Anticipated Timeline for $0.00010 and $0.00022 The report...

Once-lauded moments in Sam Bankman-Fried’s history have faded into the background as his legal battles took an unforeseen turn in a widely watched trial. SBF, the co-founder of FTX and a prominent figure in the cryptocurrency sector became embroiled in controversy, leading his attorney, David Mills, to openly express frustration and disappointment, labeling him the most challenging witness he has encountered. Former Glory and a Downfall Up until 2022, SBF reveled in a luxurious lifestyle, managing his business from a mansion in the Bahamas and accumulating a substantial net worth of $22.5 billion. Comparisons to the renowned investor Warren Buffett were not uncommon in the media. However, the onset of legal challenges thrust his once illustrious career into the spotlight, overshadowing his prior success. Mills’ Displeasure with SBF’s Cross-Examination David Mills, the legal strategist behind SBF’s defense, recently detailed the hurdles he confronted while re...

Ethereum (ETH) faces possible sell pressure, one crypto analyst says, citing how it surpassed the $2,300 mark. Whales have been actively taking profit , and this could trigger a massive sell pressure on the world’s second-largest crypto.  Ethereum price volatility  The price of Ethereum (ETH) has been positively impacted by the recent bullish momentum in the global crypto markets, fueled by Bitcoin’s (BTC) surge above the $43,000 price region. ETH maintains a distinctive market position attributed to its extensive developer community, widespread adoption, and pivotal role in decentralized finance (defi) and various blockchain applications. Despite the current positive momentum, there are apprehensions regarding the potential influence of selling pressure from whales on the cryptocurrency’s price.  According to crypto analyst Ali Martinez, whales immediately took profit s after Ethereum hit $2,300.  The impact of significant holders selling could potentially drive down...

The Shiba Inu digital currency has been gaining prominence in the realm of digital assets, attracting interest from both investors and traders. In the most recent update, the price of Shiba Inu has undergone a slight increase of 1.91% within the last 24 hours. It reached $0.000009799. Additionally, the meme coin has witnessed a substantial surge of 19.08% over the past week. This is further coupled with a monthly rise of 17.38%. This positive trend has propelled SHIB ahead of established crypto currencies in the global rankings by market capitalization. The recent upward movement in Shiba Inu’s price marks a noteworthy achievement for the dynamic SHIB community. It signifies a growing interest in the token. Investors and crypto currency enthusiasts worldwide are closely monitoring Shiba Inu as the community diligently works to enhance the crypto currency. This further hints at a potential bullish period soon. Here are our price predictions for Shiba Inu throughout December. Shi...

Binance introduces a pioneering triparty agreement with a banking partner, offering a secure solution for institutional investors to manage counterparty risks in the crypto market. Binance has successfully executed the world’s first cryptocurrency triparty arrangement with a banking partner, although the specific banking partner was unidentified. This significant development offers a first-in-crypto solution that mirrors traditional financial frameworks, specifically designed to cater to the needs of institutional investors. The triparty agreement allows institutional investors to store their trading collateral off-exchange, under the custody of a third-party banking partner. This innovative solution directly addresses the primary concern of counterparty risk, which is prevalent among institutional investors in the crypto currency market.  #Binance has executed the industry's first Triparty agreement, where institutional investors' collateral is held off-exchan...

The cryptocurrency market is witnessing another surge as we enter the last month of 2023. Bitcoin (BTC) has risen past the $38k mark, rallying by over 3% in the daily charts. With the anticipation of a bull run in 2024, many new investors might want to buy their first digital asset. However, some may want to start small, therefore, let’s look at the best tokens to watch under $1 for December 2023. Top 3 cryptocurrencies under $1 Shiba Inu (SHIB): Source – ZyCrypto SHIB is one of the most popular cryptocurrency projects out there. Although the token’s price has struggled for most of 2023, many analysts anticipate the asset to surge in the next bull run. Moreover, SHIB is also one of the cheapest options in the market right now. Also Read: Shiba Inu: Weekly $100 Since Launch Could Have Got $1.3 Billion Source: CoinGecko The token has surged over 3% in the daily charts and over 4% in the previous week. XRP: Source – Crypto XRP witnessed a surge in...

RealOpen is live, offering a new solution for buying real estate with crypto. In an exclusive press release shared with crypto.news, the project’s creators said the platform solves major problems for crypto owners looking to buy a home—sidestepping public exchange fees and withdrawal limits, flattening large trade slippage, and eliminating the struggle to find crypto-friendly sellers. This launch, observers note, may present an opportunity for crypto owners keen on venturing into real estate. The real estate sector, despite the evolution over the years, still ranks as one of the most solid investments, given the association of property ownership with financial security. A new horizon for real estate investment RealOpen allows crypto holders to invest in real estate globally without being restricted to crypto -friendly sellers or the tedious conversion through public exchanges. Clients are free to pick up opportunities in Abu Dhabi, California, the U.K. and more—the platform has...

Cryptocurrency markets are witnessing substantial gains as investors positively react to the latest economic data, notably the U.S. Consumer Price Index and Producer Price Index. Bitcoin, alongside various altcoins, has experienced a noticeable increase in prices, indicating a renewed sense of confidence among market participants. As we approach the weekend, let’s delve deeper into some of the top cryptocurrencies to watch with notable activity in the market. Bitcoin, the original cryptocurrency, has swiftly bounced back from its weekly low, surging by $3,000 within a few hours, challenging the $38,000 resistance level once again. Altcoins, including Ethereum and Binance Coin, have also turned bullish in response to the overall positive market sentiment. Ethereum has successfully reclaimed the $2,000 mark, displaying a robust recovery, while Binance Coin has surpassed the $250 threshold. These developments suggest that alternative top crypto currencies are gaining traction and ...

During a favorable phase for most cryptocurrencies, 0x (ZRX) emerged as one of the standout performers, albeit less conspicuously. Amidst its bullish trend, both its market capitalization and value saw a significant multiplication. In recent months , 0x’s market capitalization experienced remarkable growth, soaring by +238% in two months and, notably, almost doubling (+89%) in a mere two-day span. This surge in value coincided with a significant uptick in large-scale ZRX transactions, reaching a peak not seen in 1.5 years.  Additionally, older coins, which had been dormant, re-entered circulation. This activity was highlighted by Santiment , a blockchain and cryptocurrency behavior analysis platform, in a post on November 12. ZRX value and market cap increase. Source: Santiment This multiple-fold increase over the two-month period has brought the market cap of 0x to $479.97 million.  Cryptocurrency Over 60,000 Bitcoin millionaires emerge in 2023, 3...

Prominent meme coin, Shiba Inu (SHIB), has recently exhibited an upward trend with green candles on its charts. Over the last 10 days of October, the meme coin recorded a notable 16% increase, thanks to the bullish sentiment among investors. Although Shiba Inu has been striving to keep pace with the broader market’s upward momentum, it faces a formidable obstacle in its path. Nevertheless, SHIB’s bullish supporters appear undeterred and seem poised for further gains. The recent upswing in SHIB’s performance has captured the attention of cryptocurrency investors, particularly those who closely follow meme coins. Now, the key question emerges: will these investors opt to capitalize on their profits early, or will they opt to stay the course, hoping for further gains? Shiba Inu: Mid-November Gains Take Backseat As November unfolded, SHIB kicked off on a positive note, trading at $0.000007788 despite experiencing a 2.25% daily drop. It’s worth highlighting that...

SafeMoon, a DeFi cryptocurrency that previously garnered significant attention in the crypto sphere, is now facing a regulatory storm. The U.S. Securities and Exchange Commission (SEC) has officially pressed charges against its founder, Kyle Nagy, along with CEO John Karony and CTO Thomas Smith. These allegations contend that the company was involved in an extensive fraudulent operation. This was through through the sale of an unregistered cryptocurrency, which the SEC categorizes as a security. Consequently, investors have allegedly been deceived, and their investments have been misused for personal enrichment. This includes extravagant acquisitions like McLaren automobiles and opulent residences. In the wake of these developments, SafeMoon ( SFM ) has experienced a substantial nosedive in its market value, casting doubt on the sustainability of similar cryptocurrency projects. The turmoil surrounding SafeMoon extends beyond the legal challenges. The cryptocurrency has suffered ...

Shiba Inu’s eagerly anticipated layer-2 solution, Shibarium, experienced a launch that fell short of expectations. The community became cautious as various accounts emerged discussing potential problems with the bridge. Subsequently, a multitude of tweets emerged, highlighting network issues and the project’s apparent setback shortly after its rollout. However, Shytoshi Kusama, the chief developer of the network, dispelled all these rumors and doubts. Shytoshi Kusama utilized Twitter to share a blog entry titled “Shibarium: ALL IS WELL.” Within the blog post, the developer dispelled all fears, addressed concerns that had been circulating, and confirmed that the bridge was functioning without any problems. https://t.co/mSnE6b9hMD — Shytoshi Kusama™ (@ShytoshiKusama) August 17, 2023 In addition to various other speculations, a screenshot of Kusama appearing to acknowledge mistakes started circulating. This added to the chaos in the market....