BeInCrypto
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BeInCrypto is the fastest-growing cryptocurrency news and trading website worldwide. View breaking news and unbiased analysis on Bitcoin and the cryptocurrency market from BeInCrypto.
BeInCrypto
32m ago
Tools for Humanity, the innovator behind Sam Altman’s Worldcoin, is poised to redefine the blockchain industry with World Chain. Amidst this cutting-edge development, the company is also exploring potential partnerships with industry giants PayPal and OpenAI.
These initiatives signal Worldcoin’s bold expansion into the finance and artificial intelligence.
Worldcoin Expands Business Model
Alex Blania, CEO of Tools for Humanity, hinted at a strategic alignment with OpenAI. He noted that while specific details are yet to be finalized, the collaboration aligns naturally with their technological as ..read more
BeInCrypto
32m ago
Stripe is re-embracing cryptocurrency payments after a six-year hiatus. The company announced its plan to allow merchants to accept payments in USDC stablecoins, initially supporting blockchains such as Solana, Ethereum, and Polygon.
This strategic move marks Stripe’s significant return to crypto transactions since abandoning Bitcoin in 2018 due to its volatility.
Stripe Back in Crypto Payments
In 2022, Stripe stepped back into the crypto market, facilitating payouts in USDC but stopped short of allowing crypto payments. The recent expansion, unveiled by co-founder John Collison, signals a mor ..read more
BeInCrypto
32m ago
In the crypto market, recent analysis using suggests that a significant majority of altcoins are in a buy zone.
This presents a potential opportunity for investors looking for favorable entry points.
Most Altcoins Are in History Buy Zone
The Market Value to Realized Value (MVRV) ratio compares the market capitalization of a cryptocurrency to its realized capitalization.
Market capitalization refers to the total value of all coins in circulation, calculated by multiplying the current price of a crypto by the total number of coins. Realized capitalization, on the other hand, values each unit of ..read more
BeInCrypto
4h ago
The US Securities and Exchange Commission (SEC) has delayed decisions regarding options trading on spot Bitcoin exchange-traded funds (ETFs) and is expected to deny the proposals for Ethereum ETFs.
These decisions reflect the cautious approach of the regulatory body towards cryptocurrency products in the financial markets.
SEC Might Delay Bitcoin and Ethereum ETFs
The SEC has postponed its decision on the approval of options trading for spot Bitcoin ETFs. This delay, announced in a recent filing, calls for further public input on the matter.
Industry participants and observers are now invited ..read more
BeInCrypto
4h ago
The DYDX token is an integral part of the dYdX Chain, focusing on decentralized financial (DeFi) instruments and derivatives. It has undergone significant changes after transitioning from Ethereum to the dYdX Chain, bringing new functionalities and an expanded utility. Here’s what you need to know.
From Ethereum to Cosmos
On October 26, 2023, at 17:00 UTC, the dYdX Chain was born, launching its very first block. DYdX transitioned to operate its own chain within the Cosmos ecosystem, moving beyond its initial deployment on Ethereum. This evolution signified a major step in its development, aimi ..read more
BeInCrypto
4h ago
The recent recovery in the crypto market has provided a glimmer of hope for investors, but the question remains: will the prices manage to sustain above key support levels?
Following a correction of approximately 23%, optimism arises for a potential upward movement. However, uncertainties loom over whether this recovery signifies the end of the correction phase or if further downward pressure will persist in the market.
Can Crypto Hold $2.237 Trillion? Watching the 0.382 Fib Support
The crypto market’s ability to hold above the 0.382 Fib support at around $2.237 trillion and potentially close ..read more
BeInCrypto
6h ago
A recent analysis by IntoTheBlock reveals that only 35% of Cardano (ADA) holders are currently profiting from their investments, a stark contrast to other major cryptocurrencies.
The shifting sands of investor sentiment and market conditions constantly affect the cryptocurrency market.
Is Cardano (ADA) Presenting a Buying Opportunity?
Comparative data shows that more than 86% of Bitcoin (BTC) holders and over 85% of Tron (TRX) investors are enjoying profits. Even Dogecoin (DOGE) and Ethereum (ETH) have higher percentages, with 83% and 81% of their holders ‘in the money’, respectively. ‘
‘In th ..read more
BeInCrypto
7h ago
In the last 24 hours, Ethereum (ETH) has seen a significant influx of nearly $57 million, predominantly driven by crypto whales despite a prevailing bearish sentiment in the broader market.
This development comes as Ethereum’s price struggles to maintain upward momentum.
Examining Ethereum Whales Activities
According to Spot On Chain, the buying spree involved multiple large transactions. These transactions highlight a possible strategic positioning or a response to the current market conditions.
The most notable among these is whale 0x3d4, which recently withdrew 8,877 ETH from Binance, value ..read more
BeInCrypto
8h ago
US Representative Maxine Waters, ranking member of the Financial Services Committee, has indicated that a bipartisan consensus on stablecoin legislation is within reach.
The announcement reflects months of negotiation and collaboration across party lines. This includes government agencies to introduce a regulatory framework for digital assets.
Final Draft of US Stablecoin Bill Ready Soon, Says Rep. Waters
According to Rep. Waters, the proposed bill, which she and Committee Chairman Patrick McHenry have deliberated for nearly two years, is nearing its final form. Conversely, this legislation pr ..read more
BeInCrypto
8h ago
A pseudonymous crypto trader – Cyclop, has recently caught the spotlight. From a humble $8,000, the crypto trader claims to have turned his investments into a staggering $3 million.
He says the fifteen golden rules he consistently adheres to are the secret to his success.
How Crypto Trader Cyclop Made $3 Million
Bitcoin completed its halving on Friday. Historically, halving events have triggered a monumental bull market. Hence, Cyclop says that understanding and applying these rules could mean the difference between achieving significant gains and facing missed opportunities.
“If we look at t ..read more