President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization as a legal tender in the country. ‘El Salvador Is Bitcoin Country’ El […]
Solend expands DeFi horizons with Suilend on Sui Blockchain
The team members of Solend, a DeFi lending protocol on the Solana blockchain, have delivered Suilend, its initial project beyond the Solana ecosystem. Suilend utilizes the DeFi knowledge of the team members differently, using the Move programming language and the potential and high level tools of Sui. Solend holds the ninth position in the list […]
Jury Finds Bitcoin Fog Crypto Mixer Founder Guilty Of Money Laundering
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. Roman Sterlingov is the most recent individual to fall to a United States (US) government crackdown on illegal crypto-mixing services. However, his lawyers are not taking this verdict lying down. The founder of Bitcoin Fog, a large $400 million crypto-mixing service, was convicted of […]
Bitcoin Price Analysis: BTC Bulls Aim For $80K
Bitcoin price started a strong increase above the $68,000 zone against the US Dollar. The price is now trading above $70,000 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $69,800 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair […]
Bitcoin Price Faces Big Move – Can Bulls Send BTC To $75K?
Bitcoin price is holding gains above the $70,000 resistance. BTC is now showing positive signs and might aim for a move above the $73,000 level. Bitcoin price extended its increase and tested the $73,000 zone. The price is trading above $71,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line […]
El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates
President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization as a legal tender in the country. ‘El Salvador Is Bitcoin Country’ El […]
OKX gets in-principle approval for payment institution license in Singapore
The Major Payment Institution license will allow OKX to facilitate multiple payment services and exceed the transaction volume limitations set by Singapore’s financial regulator. Crypto exchange OKX has acquired in-principle approval from Singapore’s financial watchdog for a Major Payment Institution (MPI) license through its local subsidiary, OKX SG. In an announcement sent to Cointelegraph, OKX […]
Bitcoin price rollercoaster liquidates $360M from long and short sellers
10x Research attributed the large liquidations to some traders anticipating a price correction, while others have fear of missing out (FOMO) that Bitcoin will keep rallying. Over $361 million worth of leveraged trades have been liquidated over the last 24 hours as Bitcoin (BTC) hit a new all-time high of $73,050 before falling back down […]
Crypto Market Swings to Extreme Greed as USDT & USDC Issuance Skyrockets
KuCoin’s latest research highlights a major shift in the crypto market to extreme greed, backed by a $4.55 billion rise in stablecoins USDT and USDC, signaling increased market liquidity. (Read More)
Whales bet big on BlockDAG, call it a 5000x gem: What will happen to Ethereum & Cosmos?
As the cryptocurrency market evolves, investors are eager to identify the next big opportunity that promises substantial returns. This article discusses the similarities and differences between BlockDAG (BDAG), Ethereum, and Cosmos, three prominent players in the crypto space. It aims to guide readers in making informed investment decisions by focusing on emerging trends and potential […]