A crypto whale is being noticed for suddenly moving tens of millions of dollars in Bitcoin (BTC) from a long-dormant wallet. According to blockchain tracking firm Lookonchain, the deep-pocketed crypto investor completely emptied their wallet that had contained 687.33 Bitcoin for more than a decade. “A wallet that has been dormant for 10.3 years transferred […]
On May 7, the crypto oracle solutions provider announced that RD Technologies was integrating Chainlink CCIP and Proof of Reserve to power its Hong Kong dollar stablecoin. Chainlink’s Cross-Chain Interoperability Protocol will be integrated to enable secure and reliable cross-chain transfers of HKDR and easier access to the new stablecoin. Additionally, the firm is also […]
BlockDAG’s Enhanced Roadmap Boosts Investor Confidence in BlockDAG’s $600M Presale Amid XRP and Shiba Inu Market Volatility As the cryptocurrency sector continues to navigate the aftermath of Bitcoin’s halving, XRP sees extended losses, and Shiba Inu is set to introduce a new privacy-focused blockchain layer. Amid these developments, BlockDAG captures widespread investor interest with a […]
Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia, and offer a Colombian peso-pegged stablecoin as part of its asset […]
Novel stablecoin, natively backed by largest cryptocurrency, is set to generate up to 25% yield
Crypto's compliance conundrum: Are Indian cryptocurrency exchanges going through withdrawal woes? Crypto exchanges need to a understand the critical …
A popular crypto trader says he’s long-term bullish on an artificial intelligence (AI)-related altcoin even though its chart is flashing some potential warning signs. The pseudonymous crypto analyst known as Altcoin Sherpa tells his 215,900 followers on the social media platform X that Render (RNDR) is his top AI pick for this market cycle. “Going […]
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Susquehanna International Group, LLP (SIG), a global trading, technology, and investment firm, disclosed that it holds over $1.8 billion in Bitcoin exchange-traded funds (ETFs) through a 13F-HR filing submitted to the Securities and Exchange Commission (SEC), providing a detailed breakdown of SIG’s investment portfolio. The filing reveals the investment firms biggest positions were in Grayscales […]
An Ethereum whale was recently revealed to have made $16 million from a single trade involving the second-largest crypto token by market cap. This whale’s story again highlights how conviction in an investment can be very rewarding in the crypto space. How This Ethereum Whale Made $16 Million In A Single Trade On-chain analytics platform […]
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them.
TL;DR Ripple’s Stablecoin: Ripple is developing a new stablecoin for the XRP Ledger, aiming to provide a stable digital currency backed by U.S. dollar deposits and government securities, which will be detailed at the XRPL Apex event in Amsterdam. XRP Ledger Enhancements: The XRP Ledger will feature an automated market maker (AMM) and integrate artificial […]
Worldcoin (WLD) rebounds 37% from its cycle low, influenced by Warren Buffett’s comments on the dual potential of AI. Litecoin (LTC) gains traction from positive ETF discussions and significant whale purchases, indicating long-term interest. Despite bullish trends, concerns persist about LTC’s new investor appeal and relative interest compared to an Ethereum ETF. Santiment analysts have […]
According to Bloomberg Analyst Eric Balchunas, 95% of ETF investors flashed their diamond hands during the recent market downturn, holding onto their BTC funds. The news came as Bitcoin showed signs of recovery over the weekend, once again trading above USD $60K. Interestingly, Grayscale’s Bitcoin fund, GBTC, recorded its first positive day of flows since […]
TL;DR The legal conflict between Ripple and the SEC continues with recent sealed filings and scheduled court submissions, coinciding with a slight increase in XRP’s price. The lawsuit started in December 2020 with the regulator accusing the firm of conducting an unregistered securities offering. The Latest Development The legal spat between Ripple and the US Securities […]
A newly filed class-action complaint alleges that Coinbase violated US securities laws. The complaint, which was filed in the Northern District of California’s San Francisco division on Friday, claims that the top US crypto exchange has been operating as “part of a shadowy crypto ecosystem operating just outside of the law.” “Its entire business model […]
PRESS RELEASE. Dover, Delaware, USA, May 7th, 2024 – KonnektVPN is a company that is going to modify the VPN industry, offering a pivotal shift from conventional VPN models. The inception of KonnektVPN signifies a bold departure from traditional approaches, prioritizing user privacy, security, and personalized experiences through the integration of cutting-edge artificial intelligence (AI) […]
Which top coins have energy to rise this week?
2024-05-07 08:05:26 ET Dubai, UAE, May 7th, 2024, Chainwire MultiBank.io , part of the esteemed MultiBank Group, and a regulated cryptocurrency …
Top Cryptos For May 2024: BlockDAG Dominates With 30,000x ROI, Alongside Binance Coin And Toncoin As May 2024 approaches, the cryptocurrency landscape continues to buzz with activity, attracting substantial investor interest. Leading the charge is BlockDAG, which has made a significant impact in its presale, selling over 8.5 billion coins and amassing $23.3 million, with […]
On-chain data shows PEPE whales have moved large amounts of the memecoin during the past day. Here’s where these tokens have been heading. PEPE Whales Have Been Active On The Network Today According to data from the cryptocurrency transaction tracker service Whale Alert, two large PEPE transactions have occurred in the space of a few […]
The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office.
TL;DR Dogecoin has seen a 12% increase in value weekly, largely attributed to Tesla adopting it as a payment method. DOGE holders in profit are on the rise, significantly outnumbering those invested in Shiba Inu (SHIB). DOGE Investments Flash Green The largest meme coin in terms of market capitalization—Dogecoin (DOGE)—has been among the best-performing cryptocurrencies […]
A closely followed crypto analyst says it’s time for altcoins to rally and predicts that one blue-chip memecoin will be a major beneficiary. Pseudonymous analyst Rekt Capital tells his 461,000 followers on the social media platform X that the OTHERS chart, which tracks the market cap of all cryptocurrencies excluding the 10 largest digital assets, […]
Sui Network is addressing “misleading” posts about its token supply being unfavorable to retail investors. In a post on the social media platform X, Sui Network says that third-party custodians safeguard locked SUI tokens, and they cannot be moved until they are unlocked according to the project’s token emission schedule. Sui Network also clarifies that […]
TL;DR Vitalik Buterin shows interest in Fully Homomorphic Encryption (FHE), a revolutionary encryption technique. The resurgence of FHE has sparked discussions about its potential applications in data security and privacy. FHE faces challenges such as computational cost and security optimization, but Vitalik’s endorsement highlights its importance for the future of data security. Vitalik Buterin, known […]
TL;DR Investment Over Luxury: Contrary to popular belief, Americans are investing their crypto gains in assets like real estate rather than spending on luxury items. Wealth Effect Analysis: Researchers, including Darren Aiello and Noelle Acheson, found that crypto gains are being used similarly to traditional equity investments, influencing a surge in housing markets. Spending Patterns: […]
The Bitcoin network processed its one-billionth transaction over the weekend, 15 years after the network launched in January 2009. It’s likely Bitcoin’s next billion transactions will come much faster as transaction volume increases due to the introduction of new technologies like ordinals and Runes protocol. Just prior to the billionth transaction, a long-dormant Bitcoin wallet […]
The SEC issued a Wells Notice to Robinhood over alleged securities law violations regarding digital asset trades. Robinhood’s management disputes the assets are securities and is prepared to contest the SEC’s potential legal actions. Former SEC Commissioner Dan Gallagher, now Robinhood’s CLO, argues that the crypto assets listed are not securities. An all too familiar […]
Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers can utilize digital assets and the associated technology. Leveraging […]
Stablecoins gaining more volume and might beat Visa, but there’s catch
Here are the top three trending cryptocurrency coins for investors and explorers to secure fast, rapid profits from!