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Stripe and Bitstamp have partnered to make Bitcoin and crypto buying accessible to more users in Europe. Bitstamp will provide fiat-to-crypto conversion support for Stripe. Bitstamp has also partnered with Web3 platform Kryptos to help simplify crypto taxes for customers. Stripe, a leading payments platform that was launched by Irish entrepreneurs Patrick Collison and John Collison in 2010, has partnered with crypto exchange Bitstamp to bring Bitcoin to more people in Europe. CoinDesk reported the story first. Bitstamp/Stripe partnership On Wednesday, the two companies announced in a press release that they would collaborate to make crypto buying accessible and easier for customers in the Europe an Union. Stripe and Bitstamp are eyeing this partnership as one that offers an easier-to-use fiat-to- crypto on-ramp, which allows users to quickly and easily buy Bitcoin, Ethereum, Solana and other crypto currencies. Users have access to several on and off-ra...

Poodlana’s presale surges to $3.5M, with price set to rise further. Bitcoin hits $69,000, boosted by Trump’s pro-crypto remarks. BOOK OF MEME rises 20%, with strong technical patterns and market interest. As August approaches, the cryptocurrency market continues to evolve with exciting developments and noteworthy trends. Three cryptocurrencies stand out for their potential to capture significant attention and drive market momentum: Poodlana (POODL), Bitcoin (BTC), and BOOK OF MEME (BOME). Each of these assets is making waves in its own way, whether through innovative presales, significant price rallies, or emerging market trends. Here’s why Poodlana, Bitcoin, and BOOK OF MEME (BOME) are the ones to watch as we move deeper into August. 1. Poodlana: a new Solana meme coin making waves in presale Poodlana (POODL) is quickly gaining traction in the crypto space, particularly within the meme coin sector. Launched on July 17, 2024, Poodlana...

Gox to distribute 142,000 BTC and 143,000 BCH, valued at over $9 billion, to creditors. The payout process could commence as early as next month. All eyes are on the impact of the payout on Bitcoin and Bitcoin Cash price especially after the bitcoin halving event. Mt. Gox, once a major player in the cryptocurrency exchange scene, faced a devastating hack in 2014, leading to its collapse. Now, nearly a decade later, the defunct exchange is preparing to distribute a significant sum of digital assets including approximately 142,000 Bitcoin (BTC) and 143,000 Bitcoin Cash (BCH), amounting to over $9 billion in total, to creditors. This impending payout has prompted concerns among market observers, with K33 Research highlighting the possibility of a negative impact on the price of Bitcoin in a report released on Tuesday. According to the analysts, the influx of Mt. Gox coins into the market could create downward pressure on BTC valuation in the coming weeks. P...

Bitcoin, the pioneer of cryptocurrencies, continues its impressive rally as it edges closer to the $69,000 mark, driven by a surge in market capitalization that surpasses $2 trillion. This monumental achievement reflects the growing confidence and adoption of digital assets, propelling Bitcoin to new all-time highs. Bitcoin’s market cap milestone The recent surge in Bitcoin’s price is underpinned by a significant boost in its market capitalization, which now exceeds $2 trillion. This milestone solidifies Bitcoin’s position as the top cryptocurrency to buy, attracting institutional and retail investors seeking exposure to the digital asset market . The unprecedented growth in market cap underscores Bitcoin’s status as the best cryptocurrency to invest in for long-term returns. Favourable market conditions and increasing demand from investors worldwide fuel Bitcoin’s upward trajectory. The cryptocurrency market’s bullish se...

Key takeaways Bitcoin could be heading towards a new all-time high soon as it broke past the $52k mark for the first time since December 2021. The Bitcoin halving is only 66 days away and the market could provide numerous opportunities to investors. Bitcoin touches $52k for the first time in more than two years Bitcoin, the world’s leading cryptocurrency by market cap, is having a positive month so far. It rallied by more than 10% last week to touch the $52k mark for the first time since December 2021. Following this rally, Bitcoin is now only $17k away from the all-time high of $69k it set in 2021. At press time, the  price of Bitcoin stands at $51,687 per coin. Investors are already expecting a new all-time high ahead of the next Bitcoin halving event. The next  Bitcoin halving is 66 days away and it could usher in another bullish cycle in the market.  AltSignals’ adoption continues  AltSignals continues to gain mo...

Key takeaways Bitcoin recently touched the $50k level for the first time since December 2021. Altcoins could rally higher soon and this could see increased investments in projects like Bitbot.  Bitcoin’s rally to $50k could see more investment in cryptos The cryptocurrency market has been bullish since the start of the year and Bitcoin’s latest rally could result in more investments in altcoins . Bitcoin, the world’s leading cryptocurrency by market cap, recently touched the $50k mark for the first time since December 2021. The rally comes thanks to increasing inflows into spot Bitcoin exchange-traded funds (ETFs). As more retail and institutional investors enter the crypto market, there will be a focus on new and exciting projects. Bitbot could be one of the projects that grab investors’ attention thanks to its unique value proposition.  What is Bitbot?  Bitbot is a Web3 project that is set to provide excel...

Available data and expert submissions show Grayscale’s Bitcoin Trusts (GBTC) outflows are trending down, suggesting that the dumping spree may soon end. Although the outflow number is still considerably large, a rebound looks to be on the horizon for $BTC prices, and investors’ confidence is gradually returning. Galaxy Fox holders also expect a significant rally from the meme coin post-presale. The meme coin has performed impressively in its ICO phase, and observers expect more in its retail phase.  Galaxy Fox sets for retail exchange debut  Galaxy Fox is a new token on the rise. The multi-utility token aims to dominate the crypto space and yield profit for investors while at it. Galaxy Fox will be a beneficial currency in web3 space. It will play vital roles on numerous web3 platforms while overseeing everything in its ecosystem. The purchase-worthy meme coin has shown a glimpse of its profitability on presale, and many expect it to k...

Paul Tudor Jones expects a recession in the first quarter of 2024. He also expects the Israel-Palestine war to make stocks less attractive. Bitcoin has a history of doing well in the midst of political uncertainty. Bitcoin is still down 13% versus its year-to-date high but Paul Tudor Jones remains bullish as ever on the world’s largest cryptocurrency. Paul Tudor Jones expects BTC to do well in a recession The billionaire hedge fund manager is constructive on Bitcoin primarily because he sees a recession ahead. The Founder of Tudor Investment also expects the Israel-Palestine war to make Stocks less attractive. Ongoing conflict in the Middle East has already claimed close to 2,000 lives. According to Paul Tudor Jones: I think Bitcoin and Gold take on a larger percentage of your portfolio than historically they would because of a challenging political time in the U.S. and geopolitical situation. Bitcoin has a history of performing well in the midst...

Bitcoin options markets continue to signal near-term upside risks to the BTC price, despite warnings from strategists that Wednesday’s Fed meeting could trigger a “bloodbath” in cryptocurrency markets. According to a chart on The Block, the widely followed 25% delta skew of Bitcoin options expiring in seven days remained at 4.44 on the 30 th of January, not too far below recent multi-year highs hit earlier this month in the 9.0 area. The 25% delta skew of Bitcoin options expiring in 30, 60, 90 and 180 days were all between 0.5 and 2.0, indicating more of a neutral market bias, though all also remain close to multi-month highs. The 25% delta options skew is a popularly monitored proxy for the degree to which trading desks are over or undercharging for upside or downside protection via the put and call options they are selling to investors. Put options give an investor the right but not the obligation to sell an asset at a predetermined price, w...

Image Source: Pixabay Bitcoin has extended gains over the weekend ahead of celebrations for the Lunar New Year holiday and the Spring Festival throughout Southeast Asia, rallying to its highest level since August. The flagship cryptocurrency surged to over $23,000 on Saturday, gaining as much as 10% at one point compared to the earlier day, data by CoinMarketCap shows. The coin has reached a local high of around $23,282, a level not seen in more than five months. As of now, Bitcoin is trading around $22,900, almost flat over the past day. Ethereum, the second-largest cryptocurrency, also registered significant gains, reaching a local high of around $1,674, a level not seen since September last year when its much-anticipated Merge upgrade went through. The total market cap has passed the $1 trillion mark.  The rally comes as Bitcoin has historically performed well at the start of the Lunar New Year holiday celebrated across much of Asia, often referred to as Chin...

Image Source: CNBC Global investment firm SkyBridge Capital is betting on Bitcoin reaching the $35,000 price level by the end of 2023 on the back of a sustained turnaround in the crypto market.  While admitting this view was "overly bullish," SkyBridge Capital founder Anthony Scaramucci said the recent crypto rally could further gather momentum with the upcoming Bitcoin "halving," which happens every 4 years and cuts the number of new bitcoins released by half.  "If bitcoin could trade back to $35,000, SkyBridge is going to have an amazing year," Scaramucci reportedly told the Reuters Global Markets Forum in Davos, Switzerland. Historically, Bitcoin halving has been followed by periods of higher prices as the event effectively slows down the supply of BTC onto the market. While it is not possible to exactly know when the next halving will occur, experts point to May 2024 as an anticipated date. SkyBridge is among the few investment firm...