Decentralized finance (DeFi) platform Kyber Network is cutting its staff in half following a large exploit earlier this year, according to its CEO and founder. In November, KyberSwap was exploited for $46.5 million worth of digital assets, including $20.78 million worth of Wrapped Ethereum (wETH), $9.53 million worth of Lido-wrapped staked Ethereum (wstETH), and $4.1 […]

$Storj, positioned as the 157th ranked cryptocurrency, has witnessed a substantial decline in its value, experiencing a loss of over 25% in the past 7 days. Insights from on-chain activities reported by Lookonchain unveil a concerning trend. Over the last 17 hours, three whales, presumably acting as a single entity, deposited 30.78 million $STORJ (equivalent […]

The SEC has set a December 29 deadline for final amendments to Spot Bitcoin ETF applications. Market anticipation is high for a potential mass approval by January 10, impacting major companies like BlackRock and Grayscale Investments. The SEC’s latest requirement for Bitcoin ETF filers to identify their authorised participants (AP) and switch from “in-kind” redemptions […]

Uniswap has seen substantial growth over the last week following the implementation of various features on the platform, such as Rootstock, an Android mobile wallet app, and extended capabilities to other blockchains. Uniswap’s native cryptocurrency, UNI, has also experienced a notable surge during the recent crypto bull market, witnessing a 22% increase over the past […]

Bitcoin’s resurgence in 2023 has created wealth for many crypto investors, as there has been a significant rise in the number of Bitcoin millionaires. These Bitcoin millionaires happen to be wallet addresses whose BTC holdings equal $1 million or above.  Number Of Bitcoin Millionaires According to data from BitInfoCharts, there are currently 97,497 Bitcoin millionaires. […]

Vocal Bitcoin supporter revealed exactly what he made most of his fortune on – hint: it was not Bitcoin

Cryptocurrency prices are on the rise after a so-called "crypto winter" that was deepened by the collapse of the FTX exchange last year.

The new year seems set to start tumultuous for Chainalysis. In addition to the trial for Roman Sterlingov set to begin on February 12th, which questions the reliability of Chainalysis Reactor in a multi-million dollar money laundering allegation, Chainalysis is now getting sued by the crypto project YieldNodes. In their 2023 Crypto Crime Report, Chainalysis […]

A widely followed cryptocurrency analyst and trader is predicting that one under-the-radar altcoin will nearly triple in value. The analyst pseudonymously known as Kaleo tells his 612,400 followers on the social media platform X that scaling platform Celer Network (CELR) could break out from an enduring accumulation phase. “The DOT (Polkadot) ecosystem is ripping across […]

UniSat, a leader in the development of innovative solutions in the blockchain ecosystem, has recently unveiled exciting news for its users. In a significant announcement, the company revealed the long-awaited availability of ARC20 on its UniSat Wallet platform, marking a crucial milestone in its launch plan for Atomicals. Important Notice: In the last 48 hours, […]

Despite candid admissions from Polygon’s MATIC founder, Sandeepnailwal, regarding the “painful ride” experienced throughout 2023, the platform is wrapping up the year on a positive note. MATIC, the native token of Polygon, has witnessed a significant uptick in value over the past week, managing to emerge from a position of “yearly loss” in its price, […]

Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to Charles Dicke’s classic “A Christmas Carol” and gathered a group of experts […]

The decision on the spot Bitcoin exchange-traded fund (ETF) can be finalized anytime soon. Some experts believe that this will give retirement savers easy crypto access. Many retirement providers in the United States (US) offer crypto exposure. However, as of now, it is in a gray area as some lawmakers oppose the inclusion of crypto […]

Bitcoin’s hash rate reached a record-breaking 544 exahashes per second (EH/s) on December 25, marking a remarkable 130% increase since January, when it stood at 253 EH/s. The surge in hash rate coincides with Bitcoin’s price skyrocketing by over 150% in 2023. While this may seem like a positive development, it brings added challenges for […]

Cryptocurrency market witnessing substantial allocation of investment as Bitcoin leads way with significant weekly inflow

Therefore, traders can profit from cryptocurrency gain or devaluation using ETF CFDs without buying the underlying asset. CFDs allow investors to …

The cryptocurrency sector is filled with excitement. Meme Moguls (MGLS) has recently made headlines by revealing a substantial $20,000 giveaway. Simultaneously, crypto analyst Ali Martinez has presented a compelling bullish forecast for Ethereum (ETH). While ETH is a crypto giant, MGLS is a new ICO currently in Stage 2 of its presale that may even […]

023 has emerged as a significant year for crypto airdrops. A recent analysis revealed that out of the 50 most substantial crypto airdrops since 2020, 13 occurred in 2023, collectively distributing roughly $4.56 billion worth of tokens. These figures are calculated based on the tokens’ values at their respective all-time highs (ATHs), painting a picture […]

Renowned crypto analyst sees bullish opportunity for SAND, targeting $1.35

A closely followed crypto strategist thinks that one Ethereum (ETH) rival that’s flying under the radar will see a big spike in market capitalization. Pseudonymous analyst The Crypto Dog tells his 750,500 followers on the social media platform X that the smart contract platform Near (NEAR) is currently trading below its fair value. According to […]

In a major market move, NEAR Protocol (NEAR) experienced a substantial surge of 80% in the past week, fueled by the increase in trading volume. The market capitalization saw a major increase as well, leading many to diversify with this cryptocurrency. But it’s not the only altcoin to experience significant growth, as Meme Moguls (MGLS) […]

Common cryptocurrency scams can range from rug pulls and giveaway scams to more traditional scams like Ponzi schemes and phishing scams. Scammers …

The Securities and Exchange Commission (SEC) has set a deadline of 29 December 2023 for the spot Bitcoin exchange-traded funds (ETF) applicants to finalize the filings. According to Reuters, the agency met the representatives of at least seven companies willing to get approval for a spot Bitcoin ETF and asked at least two to submit […]

Polygon is closing out 2023 on a high note as its native token, MATIC, experienced a significant surge over the past 24 hours, despite its founder highlighting a “painful ride”. MATIC’s current price stands at $0.8939, accompanied by a 24-hour trading volume of $701,503,128.22. This represents a notable 4.20% price increase within the last 24 […]

A top crypto strategist says that a significant correction may be brewing for both Bitcoin (BTC) and Ethereum (ETH). Pseudonymous trader Bluntz tells his 233,200 followers on the social media platform X that BTC and ETH appear to be in the midst of an ABC corrective pattern. Bluntz is a popular practitioner of the Elliott […]

Bitcoin is once again in the spotlight as the next halving is scheduled for April-May 2024. This event, occurring approximately every four years, has historically had a significant impact on the price and market dynamics of BTC. Analysts are already speculating about what may happen to the price in the coming years. The halving cuts […]

NFTs have gained significant prominence in recent years, sparking intense debates about their adoption and future. Although they experienced a slight slowdown due to fraudulent projects and the crypto market downturn in the second half of 2022, projections for 2024 suggest a revitalization of the market. A crucial factor in this revitalization is the pivotal […]

A pioneering platform, Everlodge, has emerged as the most beneficial crypto project in recent times. Therefore, its ongoing presale has received massive support from the investors’ community. They are investing in this project overwhelmingly to gain massive returns in the coming months. Notably, this project is likely to give 3000% profits to its investors in […]

XRP not breaking down or going to zero, but growth factors fading away

A stablecoin is a cryptocurrency that has very little volatility. Its value is linked to a real-world asset such as fiat currency or gold. Some of the …

Bitcoin has seen some price fluctuations in recent days, trading slightly below $43k at the time of this writing after dropping 1% over the last 24 hours. While bullish momentum has slowed down recently, some analysts remain optimistic about Bitcoin’s long-term prospects, especially heading into 2024. In the nearer term, the crypto market appears poised […]

In a series of developments in the crypto sector, Shiba Inu has announced a strategic partnership with D3 Global. Additionally, Chainlink plans to prioritize the tokenization of real-world assets in 2024. Amid these developments, there is a growing trend of investors accumulating Pullix’s presale tokens. The TradFi exchange has had an exceptional presale so far […]