Crypto News Center

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

A closely followed crypto strategist thinks that it is almost time for altcoins to steal Bitcoin’s (BTC) thunder. Pseudonymous analyst TechDev tells his 481,600 followers on the social media platform X that he’s looking at historical price action to determine the arrival of a new altseason. According to the trader, data from crypto’s 2017 and 2020 bull markets suggest that a fresh altseason is on the horizon. “When altseason? Advertisement...

Altcoin Season Approaches as Key Indicators Flash Bullish Signals

The cryptocurrency market is showing signs of an impending altcoin season, a period characterized by a surge in the price of other assets relative to Bitcoin. Market participants often shift their focus and capital toward altcoins during this period. A number of key indicators are beginning to point to this gradual shift in market dynamics. This analysis delves into some of these factors. Altcoin Season May Be Underway One such...

O3 Mining Starts Drilling on Globex’s Florence and Cameron Royalty Claims

Author of the article: Published Nov 21, 2024  •  3 minute read Properties Outlined in Red Sold to O3 Mining GNW ROUYN-NORANDA, Quebec, Nov. 21, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exch anges and GLBXF – OTCQX International in the US) is pleased to inform...

Bitcoin’s $100K milestone: Germany faces critique over premature BTC sale

Journalist Share this article Germany’s Bitcoin sales missed $2.3 billion gains as BTC hit the $100K milestone. Nation-states accumulate Bitcoin reserves, led by the U.S. with 208,000 BTC. Investors have been closely monitoring Germany’s Bitcoin [BTC] sales, and recent developments have reignited discussions about the strategy’s impact. Back in July, Germany sold 50,000 BTC at $57,600 per Bitcoin, securing $2.88 billion. However, with Bitcoin recently surpassing the $100K milestone and...

Senator Lummis files ‘Bitcoin Act of 2024’ bill proposing a US strategic BTC reserve

Renewed interest surges in Lummis's July proposal for a Strategic Bitcoin Reserve amid a Trump win and Bitcoin's new all-time high. Author: Cynthia Lummis X account Key Takeaways The Bitcoin Act of 2024 proposes a US Strategic Bitcoin Reserve to strengthen the dollar and maintain crypto leadership. The proposal includes acquiring 1 million Bitcoins over five years and using Federal Reserve remittances to fund the program. Senator Cynthia Lummis has...

Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally

Bitcoin (BTC-USD) reached a record high on Monday, trading just under $85,000 on Monday morning while pushing several stocks tied to the crypto trade and the post-election rally higher to start the week in the aftermath of the Trump victory.  COIN, HOOD Record Impressive Gains Coinbase stock and shares of other crypto-related companies were rising Monday as investors turned bullish. Coinbase (COIN) was up more than 17% on Monday and...

Canadian Dollar flattens amid holiday-thinned markets

The Canadian Dollar is mostly flat near familiar territory on Thursday. Canada GDP figures due Friday to draw some attention from Loonie traders. Market volumes are notably thin with US markets shuttered for Thanksgiving. The Canadian Dollar (CAD) traded thinly on Thursday, sticking to the 1.4000 handle against the Greenback as global markets grind into slow gear in the latter half of the trading week with overall market volumes crimped...

US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact

On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $461.98 million, primarily due to significant outflows from Grayscale’s Ethereum Trust. Blackrock Leads $48.73M Inflows for U.S. ETH ETFs as Crypto Market Struggles Despite the broader crypto market enduring a sharp downturn during Monday’s trading, ETH-based ETFs...

Bitcoin dips to $66K as US moves $2 billion in seized BTC to unidentified wallets

Bitcoin dips to $66K as US moves $2 billion in seized BTC to unidentified wallets Assad Jafri · 2 weeks ago · 2 min read The unexpected move has triggered concerns among investors about a potential sell-off. 2 min read Updated: Jul. 29, 2024 at 8:17 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Bitcoin experienced a sharp decline to roughly $66,300 on...

Tornado Cash dev Alexey Pertsev seeks more funding for legal appeal

The legal battle surrounding Tornado Cash developer Alexey Pertsev has reached a critical juncture as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code.  According to the support account for Pertsev and Roman Storm, Pertsev, who was arrested two years ago and is embroiled in a high-stakes legal dispute, is now facing an uphill battle against government forces equipped with vast resources...