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Are you a cryptocurrency enthusiast looking for the latest updates and signals to stay ahead in the fast-paced world of crypto trading? Look no further than CryptoUpdate.io! This Telegram channel is your go-to source for fresh crypto news and signals that will help you make informed decisions when it comes to investing in digital currencies. Whether you are a seasoned trader or just starting out, CryptoUpdate.io provides valuable insights and analysis that can benefit your trading strategy. Stay updated on market trends, new regulations, upcoming ICOs, and much more with the timely updates shared on this channel. Don't miss out on the opportunity to receive quality content that can enhance your crypto journey. Join CryptoUpdate.io today and be part of a community that is dedicated to keeping you informed and empowered in the exciting world of cryptocurrencies.

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02 Feb, 15:35


Potential Bitcoin Drop to $92K: An Analysis of Current Market Trends

Reported on CryptoPotato, Bitcoin (BTC) is displaying a downward trend, struggling to overcome the resistance level at $108K. With the crypto asset falling under the much-anticipated $100,000 milestone, investors are bracing for a possible deeper market correction. Technical Analysis by Edris Derakhshi (TradingRage) From the daily chart, it’s clear…

CryptoUpdate.io

01 Feb, 12:09


Kraken Plans to Remove Tether USDT and Four Other Stablecoins from European Market

Popular cryptocurrency exchange Kraken has announced its plans to align with European digital currency regulations by preparing to delist five stablecoins, including Tether’s USDt. The full delisting of USDt USDTUSD will take place on March 31, as a part of the company’s compliance with the European Union’s Markets in…

CryptoUpdate.io

01 Feb, 08:41


21Shares Seeks SEC Approval for a Polkadot Spot ETF

21Shares, a pioneer in the domain of crypto investments, has taken an audacious step forward by filing an application for a spot Polkadot (DOT) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). This ETF, if approved, would provide investors an opportunity to gain direct exposure to Polkadot without the hassle…

CryptoUpdate.io

01 Feb, 07:32


Has The Cryptocurrency Market Reached Its Peak? Bitcoin Expected To Hold Steady, Say Experts

The inaugural month of 2025 has drawn to a close with Bitcoin (BTC) maintaining its trajectory within the price band observed post the US elections, inching nearer to two historic closing candles. Market pundits have speculated that the market might be contented with the positive news at present. Keeping recent corrections aside,…

CryptoUpdate.io

01 Feb, 07:01


“Bitcoin Bears Running Out of Room, Predicts Analyst: New Highs Likely by End of Q1”

With the ongoing bullish trend in the crypto market, Bitcoin detractors may find it increasingly challenging to anticipate a near-term price dip. This observation comes from a crypto analyst who suggests that the current pro-crypto macro environment indicates new all-time highs (ATH) for Bitcoin by…

CryptoUpdate.io

31 Jan, 20:59


Brace Yourselves: XRP Predicted to Surge to $4.39, Claims Trading Expert

The XRP community was abuzz on January 30 when esteemed technical analyst, Peter Brandt, alluded to a potential “bull flag” continuation pattern in a daily price chart (XRP/USDT) he posted. The seasoned analyst, known for his decades-long expertise in charting, pointed out that $4.39541 could be the top price objective, according to…

CryptoUpdate.io

31 Jan, 19:01


Tether’s Stellar 2024: An Impressive $13 Billion in Net Earnings

Tether, the leading USD-pegged Ethereum-based stablecoin, reported a substantial net profit of $13 billion for 2024, as per the Q4 and year-end attestation report reviewed by independent accounting firm BDO on Friday. CEO Paolo Ardoino disclosed that the fourth quarter alone garnered $6 billion in profit for Tether. The stablecoin behemoth’s direct and indirect…

CryptoUpdate.io

31 Jan, 18:56


Kraken Crypto Exchange Witnesses a Double Influx in Revenue to $1.5 Billion in 2024

Kraken, a leading cryptocurrency exchange, disclosed its impressive 2024 financial results with revenues hitting $1.5 billion, marking a significant 128% surge from the previous year. The exchange’s earnings before interest, tax, depreciation, and amortization (EBITDA) hit a substantial figure of $330 million in 2024. Further, Kraken saw an enormous trading volume of…

CryptoUpdate.io

31 Jan, 14:48


The Rise of Bitcoin ETFs: Surpassing $125B with BlackRock’s IBIT at 31st Position Globally

The world’s first cryptocurrency, Bitcoin, continues to demonstrate increased acceptance among institutions, as evidenced by the significant milestone achieved by US spot Bitcoin exchange-traded funds (ETFs). As of Jan. 30, these ETFs collectively surpassed $125 billion in holdings, representing over 6.05% of the current Bitcoin supply, according…

CryptoUpdate.io

31 Jan, 14:45


Purpose Investments Pursues Pioneering XRP ETF Launch in Global First

Purpose Investments, a leading asset management firm, has lodged a preliminary prospectus with Canadian regulatory authorities, outlining its plans for a groundbreaking Ripple (XRP) exchange-traded fund (ETF). This move is a significant step in the company’s ambition of launching the first-ever spot XRP ETF worldwide. This isn’t Purpose’s debut in the crypto ETF…

CryptoUpdate.io

31 Jan, 10:41


Retail Bitcoin Traders Transfer $625M to Binance Anticipating ‘First Cycle Top’

On Jan 31, 2025, onchain analytics platform CryptoQuant reported a significant transaction from retail investors to Binance, the leading cryptocurrency exchange. A total of 6,000 BTC, approximately $625 million, was moved in anticipation of the ‘first cycle top.’ At the same time, Bitcoin whales, the big players who often dictate the…

CryptoUpdate.io

30 Jan, 12:30


Tether Expresses Concern Over Swift USDT Delisting Response to MiCA Regulations in Europe

Tether, a leading stablecoin operator, has voiced its concerns about the swift actions by European cryptocurrency exchanges to delist its USDt stablecoin in response to the Markets in Crypto-Assets (MiCA) framework implemented by the European Union. Crypto.com, a renowned crypto exchange, announced on January 29 that it…

CryptoUpdate.io

30 Jan, 11:43


EFF Demands Dismissal of Roman Storm from Tornado Cash Lawsuit

The Electronic Frontier Foundation (EFF), a leading organization for digital rights, is calling for the removal of Roman Storm from the ongoing Tornado Cash legal proceedings. This demand by the EFF is a significant move in the cryptocurrency world and could potentially impact future legal cases involving digital assets. Tornado Cash is a…

CryptoUpdate.io

30 Jan, 08:21


Bitwise Pursues SEC Approval for a Dogecoin ETF: Recent Filing Revealed

Bitwise, a renowned name in the crypto market, has recently made a filing with the Securities and Exchange Commission (SEC) of the United States. The filing, made public, reveals the company’s aspiration to launch a Dogecoin Exchange Traded Fund (ETF). This move by Bitwise exhibits the increasing acceptance and recognition of Dogecoin in…

CryptoUpdate.io

30 Jan, 07:37


Investigation into DeepSeek’s Affiliated Group by Microsoft Over OpenAI’s Data Collection Procedure: Exclusive News

According to recent reports, Microsoft is conducting an inquiry into a group associated with DeepSeek regarding the data collection techniques used by OpenAI. This investigation is said to be part of Microsoft’s ongoing commitment to ensuring that data processing and collection methods align with ethical guidelines and practices. OpenAI, a leading artificial intelligence lab,…

CryptoUpdate.io

29 Jan, 21:56


Paradigm Pledges $1.25M to Support Tornado Cash Co-Founder’s Ongoing Legal Struggle

Paradigm, a leading cryptocurrency investment firm, has committed a substantial amount of $1.25 million to support the co-founder of Tornado Cash in his ongoing legal tussle. This news comes as a significant development in the crypto world, as well as a much-needed relief for the beleaguered entrepreneur. Tornado Cash, a privacy-focused…

CryptoUpdate.io

29 Jan, 19:24


Czech Republic’s Central Bank Governor Proposes Bitcoin Reserves Plan, Discloses FT

The Governor of the central bank of Czech Republic is set to unveil a proposal to maintain reserves in Bitcoin, according to a report by the Financial Times. This move aligns with the growing trend of central banks around the globe considering digital assets as viable reserve currencies. The decision to hold…

CryptoUpdate.io

29 Jan, 19:09


Warren Investigates Trump’s Nominee Lutnick for Commerce Chief over Tether Involvement

Senator Elizabeth Warren, a long-standing critic of cryptocurrency, is currently scrutinizing Howard Lutnick, President Trump’s nominee for Commerce Secretary, over his involvement in Tether transactions. Warren’s probe into Lutnick’s dealings not only highlights her concern over the lack of regulation in the crypto industry but also raises questions about the potential…

CryptoUpdate.io

29 Jan, 19:07


Is Bitcoin Gearing Up for a February Surge? Market Analyst Predicts Near-Term High

As the month of February unfolds, the world’s most popular cryptocurrency, Bitcoin, might be set for a significant price increase. A renowned crypto market analyst believes that a new peak is just around the corner, possibly in the next two weeks. This comes amidst a volatile cryptocurrency…

CryptoUpdate.io

29 Jan, 19:03


Is Dogecoin (DOGE) Set to Soar? Bitwise Submits Key S-1 Documentation

Could the beloved meme cryptocurrency, Dogecoin (DOGE), be poised for a significant leap? That’s the question on everyone’s lips as Bitwise, a prominent player in the crypto industry, recently submitted a crucial S-1 document. Submissions like these usually signal significant movements in the market. If the proposal gets approved,…

CryptoUpdate.io

29 Jan, 12:23


Czech Republic’s Central Bank Governor Unveils Plan to Include Bitcoin in Reserve: Financial Times Report

In an unprecedented move, the Governor of Czech Republic’s Central Bank is set to unveil a plan to incorporate Bitcoin into its reserve, according to a Financial Times report. This marks a significant shift in the traditional financial system and could potentially set a new trend for other central banks to follow. Until…

CryptoUpdate.io

29 Jan, 11:26


Crypto.com Announces the Delisting of Tether USDT and 9 Other Tokens in Europe Effective January 31

Crypto.com, a prominent player in the cryptocurrency industry, has announced plans to delist Tether USDT and nine other tokens from its European platform. The changes will take effect from January 31st, as per the company announcement. The tokens affected by this decision, besides USDT, are yet…

CryptoUpdate.io

29 Jan, 11:19


Czech National Bank to Consider $7 Billion Bitcoin Reserve Strategy

The Governor of the Czech National Bank is set to present a plan advocating for a $7 billion reserve in Bitcoin. This move is seen as a significant shift towards crypto endorsement by a national bank, further strengthening the position of cryptocurrencies in the global financial market. While the specific details…

CryptoUpdate.io

29 Jan, 11:14


Czech Republic’s Central Bank Governor Advocates for $7 Billion Bitcoin Reserve

The Governor of the Czech National Bank, Jiří Rusnok, is set to present a proposal for establishing a Bitcoin reserve estimated to be worth $7 billion. This move is seen as a strategy to diversify the nation’s reserve assets amidst the global financial instability. Rusnok’s plan is not only unique but also bold,…

CryptoUpdate.io

29 Jan, 11:10


The Impact of Fraudulent DeepSeek Tokens on Crypto Market: An Insight into Why Cryptocurrencies Are Plunging

As the crypto market takes a downturn, many traders are left wondering why. The fraudulent DeepSeek tokens have been identified as a significant contributing factor. Thousands of traders have been impacted by these counterfeit tokens, leading to a ripple effect across the entire crypto market. Fraudulent tokens are a major concern…

CryptoUpdate.io

29 Jan, 11:07


Metaplanet of Japan Aims to Acquire 21,000 Bitcoin by 2026

Metaplanet, a prominent Japanese company, has set an ambitious goal to purchase 21,000 Bitcoin by the year 2026. This strategic move is part of their broader plan to enhance their digital asset portfolio significantly. The company believes that acquiring such a substantial amount of Bitcoin will not only strengthen its financial…

CryptoUpdate.io

29 Jan, 11:03


Bitwise Revamps European ETPs, Aiming to Strengthen Leadership in Crucial Crypto Year

In a strategic move to solidify its market leadership, Bitwise has undertaken a comprehensive rebranding of its European Exchange-Traded Products (ETPs). This initiative comes at a pivotal moment for the cryptocurrency sector, underscoring Bitwise’s commitment to innovation and growth. By refining their product offerings, Bitwise aims to better align with market demands and…

CryptoUpdate.io

29 Jan, 10:34


Binance Temporarily Halts Cardano (ADA) Transactions: Essential Details Inside

In a recent development, Binance has temporarily paused transactions involving Cardano (ADA). This decision comes as the platform aims to address technical issues that have surfaced, affecting user transactions and experience. The leading cryptocurrency exchange stated that the suspension is a precautionary measure to ensure the integrity of its…

CryptoUpdate.io

29 Jan, 10:25


GCEX Teams Up with Fireblocks: A Game-Changer in Institutional Cryptocurrency Trading

In a major development in the world of institutional crypto trading, GCEX has joined forces with Fireblocks. This strategic alliance is set to greatly enhance the trading capabilities of institutional investors in the crypto market. GCEX, a leading provider of digital asset and currency trading services, is known for its advanced…

CryptoUpdate.io

29 Jan, 10:09


Hong Kong Securities and Futures Commission Awards Inaugural Crypto Licenses in 2025

In a landmark move, Hong Kong’s Securities and Futures Commission (SFC) has issued its first-ever cryptocurrency licenses in 2025. This pivotal step marks a significant milestone in the integration of digital currencies into the mainstream financial system of the region. These licenses permit approved companies to legally offer, trade, and handle…

CryptoUpdate.io

29 Jan, 09:58


DeepSeek Forecasts Bitcoin’s Bullish Surge to Peak at $500,000 – Timeline Revealed

DeepSeek, a prominent name in the crypto analysis world, has made a bold prediction regarding the future of Bitcoin. According to their recent forecast, the peak of the next Bitcoin bull run could reach an astounding $500,000. The timeline for this unprecedented surge? DeepSeek has provided some insights. This…

CryptoUpdate.io

14 Jan, 17:46


Michael Saylor Urges Companies to Replace Bonds with Bitcoin

------------- Michael Saylor, Co-founder and Chairman of MicroStrategy, has once again made waves by urging companies to ditch “toxic” bonds and embrace Bitcoin. Speaking at the ICR Conference in Orlando, Saylor called for businesses to rethink traditional financial strategies and explore the transformative potential of Bitcoin. Labeling bonds…

CryptoUpdate.io

14 Jan, 10:19


Italy’s Intesa Sanpaolo Makes Historic €1M Bitcoin Investment

------------- Italy’s largest bank, Intesa Sanpaolo, completed its first proprietary bitcoin trade, marking a significant step into the digital asset space. On January 13, 2025, Intesa Sanpaolo executed its first proprietary bitcoin trade, purchasing 1 million euros ($1.03 million) worth of the world’s largest cryptocurrency. According…

CryptoUpdate.io

14 Jan, 09:37


Sony’s Soneium Blockchain Faces Backlash Over Memecoin Blacklisting

------------- The launch of Sony’s Soneium blockchain has sparked significant controversy as memecoins were blacklisted on its first day, causing outrage among users. Sony’s Layer 2 blockchain, Soneium, entered the crypto scene with a promise to protect intellectual property. However, its launch was marked by immediate backlash. Reports claim…

CryptoUpdate.io

06 Jan, 12:19


Historic Shift in Crypto Markets: Bitcoin’s Dominance Shows First Death Cross Since 2020

A significant technical indicator has emerged in the cryptocurrency market, potentially signaling a major shift in investment flows between Bitcoin and alternative cryptocurrencies. Market Dynamics Point to Potential Altcoin Season The cryptocurrency market has witnessed renewed bullish momentum over the past four days, with Bitcoin leading…

CryptoUpdate.io

06 Jan, 12:11


The Dawn of Crypto’s Infinity Era: Bitcoin’s Path to $200K and the Transformation of Digital Finance in 2025

As digital assets enter what experts are calling the “Infinity Age,” the cryptocurrency landscape is poised for unprecedented institutional adoption and regulatory clarity, marking a historic transition from speculative asset to mainstream financial instrument. The New Era of Crypto Integration The cryptocurrency market is entering what industry analysts…

CryptoUpdate.io

03 Jan, 11:25


Solana-Based Pump.fun Hits $15 Million Daily Revenue Amid Memecoin Craze

The Solana-based launchpad Pump.fun has kicked off 2025 with a bang, recording an impressive $15 million in daily revenue as the memecoin frenzy continues to dominate the crypto market. This surge underscores the growing popularity of memecoins, which have become one of the most profitable narratives in the current…

CryptoUpdate.io

03 Jan, 11:15


Bitcoin Celebrates 16 Years: From Pizza to $100K Milestone

Bitcoin Celebrates 16 Years: From Pizza to $100K Milestone On January 3, 2009, Bitcoin was introduced to the world by the enigmatic Satoshi Nakamoto. The genesis block, mined on that day, contained 50 BTC and a poignant message: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This block…

CryptoUpdate.io

23 Dec, 10:47


Metaplanet Acquires $61M in Bitcoin as Part of Aggressive Crypto Investment Strategy

Japanese investment powerhouse Metaplanet Inc. has once again demonstrated its bullish stance on Bitcoin, purchasing $61 million worth of the leading cryptocurrency. On Monday, Metaplanet announced the acquisition of an additional 619.7 BTC for 9.5 billion yen ($60.6 million), equating to an average purchase price…

CryptoUpdate.io

23 Dec, 10:38


Bitcoin’s 15% Weekly Plunge Sparks FUD Frenzy: Why It Could Be a Positive Sign

BTCUSDF2025: +0.43% | BTCGBP: +1.07% | BTCEUR: +1.21% Summary: Bitcoin’s price nosedived 15% last week, marking its steepest drop since Trump’s win. The intense Fear, Uncertainty, and Doubt (FUD) sweeping the market might paradoxically hint at an imminent recovery. From All-Time High to Correction: Bitcoin soared…

CryptoUpdate.io

12 Dec, 09:52


Binance Concludes Pre-Market for Usual (USUAL) and Announces Spot Trading with Seed Tag

CryptoUpdate.io brings you the latest news: Binance will soon wrap up the Pre-Market phase for Usual (USUAL) and initiate spot trading under the Seed Tag designation. Binance has scheduled the end of the Pre-Market for USUAL on December 17, 2024, at 09:00 (UTC). Spot trading for USUAL will start on…

CryptoUpdate.io

12 Dec, 09:39


MicroStrategy Set to Join Nasdaq 100 With 90% Probability

Polymarket betting trends suggest a 90% likelihood of MicroStrategy, a business intelligence leader, being included in the prestigious Nasdaq 100 index. This potential addition comes as California-based Super Micro Computer (SMCI) and Massachusetts-based Moderna face removal from the index, signaling shifts in the tech-heavy stock market lineup. Launched in 1985, the Nasdaq…

CryptoUpdate.io

12 Dec, 09:30


Bitcoin Surges Beyond $100,000 as Regulatory Changes Boost Confidence

Bitcoin (BTC) has broken through the significant $100,000 barrier once again, marking a resurgence in investor confidence after weeks of consolidation below this level. The uptick comes as optimism grows about the future regulatory environment under President-elect Donald Trump. Bitcoin Price Approaches Historic Highs Regulatory developments have taken center…

CryptoUpdate.io

03 Dec, 09:54


XRP Hits Record-High Whale Activity Amid 100% Weekly Price SurgeDecember 3, 2024 | 08:42 GMT+1

XRP has surged a staggering 430% in the past month, reaching levels not seen since 2018, and leaving many crypto traders in awe. The rally began in early November, buoyed by renewed investor confidence following the Republican victory in the U.S. elections. This optimism extended to XRP due to its ties…

CryptoUpdate.io

03 Dec, 09:38


Is a Bitcoin Sell-Off Looming? US Government Transfers 10,000 BTC to Coinbase

The Bitcoin market braces for potential turbulence as the US government executes a substantial transfer of seized Bitcoin to Coinbase. With Bitcoin’s price hovering near its all-time high of $99,540, this move stirs concerns of a market sell-off. US Government’s Strategic Bitcoin Moves

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29 Nov, 10:13


Elon Musk’s D.O.G.E. Targets IRS: Bold Plan to Slash $2 Trillion from Federal Spending

The newly launched Department of Government Efficiency (D.O.G.E.), led by Elon Musk and Vivek Ramaswamy, has set an ambitious goal to cut federal spending by $2 trillion. With several agencies under scrutiny, the IRS takes center stage as a primary target for these reductions. IRS Under Fire

CryptoUpdate.io

29 Nov, 10:04


Bitcoin Whales Scoop Up $1.5 Billion in BTC During $90K Price Dip 🚀

------------- Bitcoin rebounds after dipping to $90,742, as whales seize the opportunity to acquire 16,000 BTC worth $1.5 billion. On-chain analysis reveals that institutional players have significantly influenced the recent recovery, with Bitcoin climbing 6.25% to trade above $96,000 on Nov. 29. Whales drive BTC recovery According to…

CryptoUpdate.io

28 Nov, 10:16


Crypto Exchange HyperLiquid Set to Airdrop 310M HYPE Tokens to Early Users

Nov 28, 2024 | 09:42 GMT+1 HyperLiquid, a decentralized exchange, has unveiled its native token, HYPE, set to airdrop 310 million tokens to early adopters this Friday. Key Details: - Total Supply: 1 billion tokens - Allocation: 31% (310 million) reserved for users who earned points…

CryptoUpdate.io

28 Nov, 09:58


Ethereum Rockets 10% to $3,600, Leaving Bitcoin in the Dust This WeekNov 28, 2024, 09:49 GMT+1

------------- Ethereum’s Surge Outpaces Bitcoin Ethereum (ETH/USD) soared on Wednesday, breaching the $3,600 mark with a 10% daily jump, pulling ahead of Bitcoin in weekly performance. While Bitcoin stumbled with a 3% drop since Monday, Ethereum logged a…

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26 Nov, 09:28


Cardano Bulls Withdraw $100 Million from Exchanges, Setting Stage for ADA SurgeNov 26, 2024, 09:30 GMT+1

------------- Cardano’s Latest Price Action Sparks Optimism Among Investors For some, Cardano’s dip below $1 might seem alarming, but recent on-chain data hints at a strong bullish sentiment that could lead to a significant price rebound. As of now, Cardano (ADA) trades at $0.98, following a…

CryptoUpdate.io

26 Nov, 09:14


Crypto Bloodbath: $500M Liquidated as Bitcoin Plummets to $92,801

In the past 24 hours, the cryptocurrency market has experienced major turbulence, with over $550 million liquidated in total. This dramatic shift came as Bitcoin dropped to its weekly low, triggering a cascade of sell-offs. As a result, approximately 170,000 traders suffered significant losses in…

CryptoUpdate.io

22 Nov, 09:40


🚀 PI/USDT: Could The Simpsons’ $380 Prediction Come True? Buy Now on Gate.io!

Introduction Cryptocurrency enthusiasts often look to pop culture for unexpected predictions, and The Simpsons have gained a reputation for “predicting the future.” One such speculative highlight is the forecast of PI reaching an astonishing $380! While this number may seem far-fetched today, the PI/

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22 Nov, 09:18


Solana Hits $265: A New Record Amid Spot ETF Buzz

SOL/USD surges to an all-time high as ETF optimism grows Key Highlights: - Solana reaches a new peak of $265 - SEC Chair Gary Gensler to step down in January - Speculation rises about a potential Solana Spot ETF ------------- Solana’s price has skyrocketed, smashing its previous all-time…

CryptoUpdate.io

22 Nov, 09:04


Bitcoin Nears $100K as Crypto Market Hits $3.4T MilestoneBTC Rallies to Historic Heights Amid Bullish Market Sentiment

------------- Bitcoin (BTC) is on the verge of shattering a landmark, trading just 1% below $100,000. The cryptocurrency surged past $99,200 earlier today, briefly dipping to $98,600 before holding steady above $99,000 during Asian afternoon hours. With BTC accounting for 56% of the total crypto market cap, the…

CryptoUpdate.io

21 Nov, 22:34


Bitcoin Rockets Toward $100K—Breaking $98,988 Amid Optimism

Bitcoin’s meteoric rise continued this Thursday, shattering previous records by surging past $99,000. During intra-day trading, the top cryptocurrency soared 5.7%, reaching a new peak of $98,988 on Bitstamp, boosting its market capitalization to $1.93 trillion. This unprecedented surge reflects heightened investor optimism tied to incoming

CryptoUpdate.io

21 Nov, 22:11


Proposed U.S. Crypto Advisory Council May Create Bitcoin Reserve Under Trump Administration

Nov 21, 2024 | 22:01 GMT+1 BTCUSD: +3.69% President-elect Donald Trump’s proposed Crypto Advisory Council could establish the first-ever U.S. bitcoin reserve, according to a recent report by Reuters citing anonymous insiders. While details remain scarce, the council aims to shape digital asset policies, work closely with…

CryptoUpdate.io

20 Nov, 11:53


Bitcoin Hits Record High: $94,000 Amid Rumored Trump Media Deal with Bakkt

------------- Bitcoin (BTC) skyrocketed to a historic peak above $94,000 on Tuesday following reports of potential talks between Donald Trump’s Trump Media and Technology Group (DJT) and crypto trading platform Bakkt (BKKT). This development has fueled optimism about a pro-crypto stance under…

CryptoUpdate.io

13 Nov, 10:05


Ethereum Spot ETFs See Record Inflows of $295M Daily – ETH Primed for New Highs?

ETH appears to be stirring, climbing nearly 37% this past week following Bitcoin’s (BTC) all-time high. This recent momentum is drawing significant interest, including a record-setting daily inflow of $295 million into Spot Ethereum ETFs on November 11, an increase driven by…

CryptoUpdate.io

13 Nov, 09:57


Bitcoin Hits $90K Resistance Amid Dollar Surge: Is This the Pause Before a New Rally?

Bitcoin (BTC) has temporarily hit a wall at the critical $90,000 resistance level, following a tremendous $20,000 surge last week. Currently, BTC faces challenges from an unexpected rally in the U.S. dollar index (DXY), which is pushing risk assets to reassess. Overnight, Bitcoin…

CryptoUpdate.io

12 Nov, 09:41


Bitcoin Price Analysis: Potential Pullback Target of $59,000 by May 2025

------------- Analyzing recent Bitcoin price action and trend lines reveals a strong bullish trajectory nearing the $90,000 mark. However, long-term projections suggest the possibility of a pullback by May 2025, with the potential to revisit the $59,000 support level. The chart indicates that Bitcoin is currently in a powerful…

CryptoUpdate.io

12 Nov, 09:16


Bitcoin Nears $90K with Record Weekly Gains Amid Strong Market Momentum

Bitcoin’s rally accelerates as it approaches the remarkable $90,000 mark, making this its most impressive weekly performance since the 2023 U.S. banking crisis. Bitcoin’s price skyrocketed past its previous $85,000 peak on Nov. 11, pausing only briefly before continuing to climb. As of 8:14 am UTC, Bitcoin (BTCUSD)…

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12 Nov, 09:06


Bitcoin Reaches New All-Time High on Anticipation of Trump’s Support for Crypto — Market Insights

0849 GMT – Bitcoin spikes to a new record high, fueled by expectations that incoming U.S. President-elect Donald Trump will champion the cryptocurrency sector, according to Swissquote Bank. Trump is anticipated to replace crypto-opposing officials with regulators more favorable to digital assets, which could allow the U.S. crypto…

CryptoUpdate.io

11 Nov, 10:28


Bitcoin Surges to $1.6 Trillion Market Cap with New ATH Above $81,000

------------- Bitcoin’s market cap surpasses $1.6 trillion! 🚀📈 Supported by an unprecedented all-time high price of over $81,000, Bitcoin has marked another milestone, achieving a total market cap above $1.6 trillion for the first time since its inception in 2009. BTCUSD +2.17% BTCUSDT +1.86% On…

CryptoUpdate.io

11 Nov, 10:06


Bitcoin Rockets Past $81,000 as Crypto Stocks Surge

------------- BTCUSD: +1.68% | COIN: +5.93% | BITF: +1.29% | RIOT: +3.39% ------------- Bitcoin surpasses $81,000, lifting crypto and blockchain stocks as expectations grow for pro-crypto regulatory shifts. BTC now trades around $81,414, sparking gains across the cryptocurrency market. Following the election…

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31 Oct, 11:51


Bitcoin Holds Steady Near Record Levels Amid Altcoin Struggles

BTC Dominance and Market Watch Bitcoin’s recent rally has reaffirmed its dominance, holding firm near $72,000 after a remarkable rise over the past week. The leading cryptocurrency briefly spiked to $73,600 on Wednesday, edging close to its March 2024 all-time high of $73,740, before a slight pullback. Despite this minor…

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31 Oct, 11:43


Potential Bitcoin & Gold Upsurge with Trump Victory, Says JPMorgan Analysts

With the U.S. election on the horizon, JPMorgan analysts have flagged a potential upswing in bitcoin and gold prices should Donald Trump secure a victory, crediting retail interest in the so-called “debasement trade.” “Retail investors are seizing on the debasement trade more strongly by buying

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28 Oct, 07:39


Bitcoin ETFs Approach 1 Million BTC Mark Amid November Market Tailwinds

BTCUSD: +0.61% BTCUSDT: +0.86% Bold strides in Bitcoin ETFs: The United States spot Bitcoin exchange-traded funds (ETFs) are on the cusp of surpassing the one-millionth BTC mark, potentially reaching this milestone within the week. As of now, US Bitcoin ETF issuers hold…

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28 Oct, 07:29


Hong Kong Extends Tax Breaks to Crypto Investments, Eyes More Trading Licenses by Year-End

------------- In a significant boost for crypto in Asia, Hong Kong is ready to extend tax breaks to crypto investments and add new trading licenses for platforms by year’s end, top officials announced today. Expanding Tax Breaks to Drive Crypto Growth Hong Kong is set…

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26 Oct, 13:22


Ethereum Netflow Surge To Derivatives Markets: Will ETH See a Price Shake-up?

------------- Ethereum’s recent surge in netflow to derivatives markets suggests a potential period of volatility, with the crypto community closely monitoring ETH price movement around the $3,000 mark. Despite recent surges, ETH has faced challenges in holding steady, with market behavior hinting at possible turbulence. A Shift in Ethereum’s

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24 Oct, 19:52


Ethereum Price Poised for Breakout to $10,000 Amid Symmetrical Triangle Formation

The Ethereum price is generating excitement in the crypto world, as technical indicators suggest a potential breakout. According to crypto analyst Trader Tardigrade on X (formerly Twitter), Ethereum could reach a staggering $10,000 if it successfully breaks out of its current symmetrical triangle pattern.…

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24 Oct, 19:44


Bitcoin ETFs on Track to Hold 1 Million BTC, Approaching Satoshi’s Holdings

Spot Bitcoin ETFs are nearing a milestone, with their holdings set to surpass 1 million BTC, closing in on the amount held by Satoshi Nakamoto. In just ten months, U.S. spot Bitcoin exchange-traded funds (ETFs) are approaching a massive milestone. These ETFs are on…

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15 Oct, 08:39


Bitcoin ETF Inflows Soar to $556M as Price Breakout Looms

Bitcoin ETFs have seen inflows reaching $555.86 million on Monday, pointing to a potential breakout for BTC, according to data from SoSoValue. This marks the highest daily inflow in months, surpassing previous figures seen on June 4, when inflows reached $886.75 million. In the last 24 hours, Bitcoin has gained 2.2%,…

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15 Oct, 08:28


Crypto Markets Maintain Cautious Bullish Outlook Amid Volatility and Fed Uncertainty

The crypto market is showing a cautiously bullish sentiment despite growing concerns around Federal Reserve policies and market volatility. Market’s Cautious Sentiment Amid Fed Decisions A recent analysis from centralized exchange Blofin has outlined a cautiously optimistic outlook among crypto investors, driven by better-than-expected Consumer Price Index (CPI)…

CryptoUpdate.io

14 Oct, 08:48


Ancient Bitcoin Whale Awakens After Nearly 11 Years, Profits Soar 10,408%

The cryptocurrency market has seen a spike in activity among long-dormant Bitcoin whales in recent months, and the latest one just woke up after more than a decade. This week, another early Bitcoin investor, holding 18 BTC, emerged from hibernation. According to a report by Whale Alert

CryptoUpdate.io

14 Oct, 08:41


Grayscale Unveils 35 Altcoins Under Review for Potential Investment Products

Grayscale has recently disclosed a list of 35 altcoins that are under consideration for their future investment products. This announcement has captured the attention of the investment community, as many use Grayscale’s candidates to guide their own portfolio strategies. Grayscale’s Q4 Review: Altcoins Under Consideration In an official statement, Grayscale categorized the altcoins into…

CryptoUpdate.io

14 Oct, 08:30


Bitcoin’s Test of $64K: Will It Spark the Breakout We’ve Been Waiting For?

The crypto markets have been relatively quiet lately, but could this week finally bring the volatility and breakout action that traders have been anticipating? Bitcoin Price Prediction: Consolidation or Breakout? On October 14, 2024, top analyst CrypNuevo shared his insights with his 117,000 followers on…

CryptoUpdate.io

07 Oct, 08:21


ZachXBT Accuses Influencer Ansem of Facilitating Memecoin “Pump and Dumps”

Blockchain investigator Zachary Wolk, better known as ZachXBT, has called out crypto influencer Zion “Ansem” Thomas for allegedly pushing a series of memecoin pump-and-dump schemes. The heated debate unfolded on X (formerly Twitter) on October 5th, where Wolk criticized Thomas for his…

CryptoUpdate.io

07 Oct, 07:56


Bitcoin Defies Headwinds in Q3 Despite $12B Sell-Off; NYDIG Predicts Strong Gains in Q4

Bitcoin’s performance remained resilient in the third quarter of 2024, despite a volatile environment and the return of a substantial amount of Bitcoin to the market. According to Greg Cipolaro, Global Head of Research at NYDIG, Bitcoin achieved a modest 2.5% gain,…

CryptoUpdate.io

06 Oct, 09:39


LEGO Removes Cryptocurrency Scam After Homepage Hack Incident

Toy giant LEGO has swiftly addressed and removed a phishing scam featuring a fraudulent “LEGO Coin” token that briefly appeared on its homepage after a hack on Oct. 5. At 1:00 am UTC, LEGO enthusiasts like “ZTBricks” noticed the fraudulent message: “Our new LEGO Coin is officially out! Buy the LEGO Coin

CryptoUpdate.io

06 Oct, 09:16


Bitcoin Eyes $70,000 as Institutional Investors Pave the Way for Recovery

Bitcoin’s Road to $70,000: Institutional Investors Are the Key Bitcoin (BTCUSD) recently experienced a 7.8% pullback, dropping to $60,000, but the path to recovery is still within sight as institutional investors play a pivotal role in its next move upward. Institutional interest in Bitcoin remains strong, with over…

CryptoUpdate.io

02 Oct, 09:05


Skrill: A Secure, Cost-Effective Solution for Global Money Transfers

Skrill has become a global leader in digital payments since its inception in 2001. Offering secure, easy-to-use solutions for mobile and international money transfers, it’s a favored platform for e-commerce, gaming, and personal fund transfers. A Brief History of Skrill Skrill originally launched as Moneybookers in 2001,…

CryptoUpdate.io

02 Oct, 08:48


Ripple Secures Major Approval in Dubai, Strengthens Position in UAE’s Crypto Ecosystem

Ripple Expands in the UAE with DFSA Approval The Dubai Financial Services Authority (DFSA) has granted Ripple an in-principle license to expand its services in the UAE, giving the company access to new markets via the Dubai International Financial Centre (DIFC). This milestone strengthens Ripple’s end-to-end payment services across the UAE. Ripple’s…

CryptoUpdate.io

02 Oct, 08:29


Bitcoin Plunge Triggers $450M in Liquidations Amid Market Chaos

In a dramatic 24-hour period, the crypto markets witnessed a massive wave of liquidations as Bitcoin’s sudden plunge led to over $450 million in bullish bets wiped out. According to data from CoinGlass, Bitcoin (BTC) traders betting on a price increase were hit…

CryptoUpdate.io

30 Sep, 08:12


China’s Former Finance Minister Calls Crypto a ‘Vital Component’ of the Digital Economy

At a recent forum hosted by Tsinghua University, Zhu Guangyao, China’s former finance minister, emphasized that the government needs to closely examine the cryptocurrency sector. His remarks come in response to increasing international discussions, especially from the United States. Crypto brings both risks and opportunities,”