A popular cryptocurrency analyst is expressing a bullish outlook toward two of Ethereum’s (ETH) biggest competitors. Pseudonymous crypto trader Altcoin Sherpa tells his 197,500 followers on the social media platform X that Solana (SOL) and Avalanche (AVAX) are both setting the stage for another leg up. According to the trader, Solana could increase more than […]
A widely followed crypto analyst says that market behavior is signaling a breakout to the upside for Bitcoin (BTC). In a new thread, pseudonymous crypto strategist Credible Crypto tells his 349,500 followers on the social media platform X that the king crypto should surge as long as overeager short sellers unload into BTC’s support level. […]
PayPal, one of the leading companies in the digital payments sector, has received a subpoena from the United States Securities and Exchange Commission (SEC) in relation to its stablecoin, PYUSD, in a new case of the agency’s persecution of the crypto space. This event highlights the challenges faced by technology and financial companies venturing into […]
Former BitMex CEO Arthur Hayes endorses crypto amid Fed decision, hints at $1 million per Bitcoin surge
A group of three Bitcoin whales, who have been inactive since November 2017, have suddenly become active again and transferred a total of 6,500 BTC to new addresses. The value of the transferred Bitcoins is about $230 million at the current market price. Bitcoin whales are large holders of cryptocurrency, who can influence the market […]
The National Bank of Georgia is piloting the Digital Lari using Ripple’s CBDC Platform. Natia Turnava of the NBG has endorsed Ripple for their technical expertise in blockchain technology. The pilot is set to test Ripple’s CBDC platform in real-world applications, as Ripple progresses with similar initiatives in numerous countries. Ripple’s Selection in Competitive Process […]
Amid market consolidation, Cardano stands out with significant recent gains. Analysis reveals ADA is showing bullish trends, with market cap growth and a three-month peak in on-chain activity. The “conference effect” theory suggests that market surges often precede crypto conferences, driven by speculation of major announcements. ADA Likes to Do Its Own Thing While the […]
In an outcome that won’t surprise observers, Sam Bankman-Fried, the Founder and former CEO of collapsed crypto exchange FTX, has been found guilty of all seven charges for which he was on trial and now faces up to a maximum of 110 years in prison. Those charges include wire fraud, conspiracy to commit fraud, and […]
Sam Bankman-Fried gambled with a cryptocurrency scam and lost. His guilty verdicts make the rest of us into winners.
The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network.
Crypto analyst Egrag recently delved into the XRP price charts and spotlighted signs that suggest a possible rally of more than 1,500% is on the horizon. The focus of this analysis is the ASO (Average Sentiment Oscillator), a metric that traders employ to determine market sentiment. XRP Price Rally Of 1,500%+ Ahead? Egrag’s monthly XRP/USD […]
This week has seen a whirlwind of events. Bitcoin’s price seems like the only stable thing in the industry right now, however hilarious that may be. That said, the cryptocurrency is still up throughout the past seven days, but not as much as last week. SBF was found guilty, Solana (SOL) is exploding, and whatnot. […]
Multiproduct cryptocurrency ecosystem TrustSwap names new CEO and shares further strategic plans
Northern Data AG, a Germany-based Bitcoin mining company, has secured a significant debt financing facility from Tether, the issuer of the world’s largest stablecoin by market capitalization, USDT. The debt financing facility amounts to 575 million euros (approximately $610 million), marking a major investment in the Bitcoin mining sector. This move is seen as Tether […]
The Solana Firedance: Up 80% in the last 30-Days Just 12 months ago, Solana was a mere US $8 token, as it crawled out from the FTX wreckage. Fast forward to today, and it’s experiencing a resurgence with an impressive 80% gain over the past 30 days, with a 30% surge in just the last […]
SOL retreated 10% after recent highs, yet investors remain bullish on Solana. Arthur Hayes publicly admitted to buying Solana, mixing criticism and FOMO-driven excitement. Crypto asset prices often increase before conferences like Solana’s Breakpoint, driven by the anticipation of significant announcements. SOL Retraces After Initial Gains After making impressive gains over the past few weeks […]
ProShares, one of the biggest issuers of exchange-traded funds (ETFs), has added another Ethereum-related ETF to its growing offerings following the launch of the “world’s first Short Ether-Linked ETF” on November 2. ProShares Short Ethereum Strategy ETF In its announcement, the asset manager mentioned that the ProShares Short Ether Strategy ETF trading under the ticker […]
In a move that showcases the expanding demand for Bitcoin, St. Galler Kantonalbank (SGKB) has become the latest major Swiss bank to offer Bitcoin and crypto buying services. Announced Thursday, SGKB partnered with SEBA Bank to offer its retail customers cryptocurrency trading and custody services, a venture that marks another step in the expanding world […]
Block didn’t incur any impairment loss on its Bitcoin holdings, and Bitcoin revenue contributed as much as 43% of its total revenue.
A widely followed crypto analyst says that Bitcoin (BTC) is entering an “explosive” phase as the king crypto’s long-term metrics reverse course. In a new thread, pseudonymous crypto strategist TechDev tells his 420,200 followers on the social media platform X that one signal comes around every 3-3.5 years which points to “several months” of growth […]
Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its new stablecoin. In a new document, PayPal says that the regulatory agency has issued a subpoena over PYUSD, the firm’s dollar-backed stablecoin which launched earlier this year. “On November 1, 2023, we received a subpoena […]
He was extradited to the United States last December from the Bahamas, where he had operated the FTX cryptocurrency exchange and a hedge fund, among …
Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering into a loan agreement. The facility, operating under standard market conditions, is unsecured and set to mature on January 1, 2030, and is expected to […]
Shiba Inu price chart prints green candle, while mysterious whale buys 34 billion SHIB
Sam Bankman-Fried has been found guilty of spearheading a billion-dollar fraud against customers and investors at the crypto exchange FTX and trading firm Alameda Research. A jury has found Bankman-Fried guilty on all seven charges against him, including wire fraud and conspiracy to commit wire fraud against FTX’s customers, wire fraud and conspiracy to commit […]
The founder of SkyBridge Capital says that Bitcoin (BTC) and one Ethereum (ETH) competitor have helped the firm see strong returns on its investments. In a new interview on Bloomberg Television, Anthony Scaramucci says that October 2023 was the best month SkyBridge Capital has had on record due to BTC and smart contract platform Solana […]
The crypto world has evolved greatly in the last few years as people become more interested in finding something new to fiat money. But because cryptocurrencies increased in popularity, so did the risks people are exposed to. This is because plenty of scams have appeared, so now people have a hard time knowing if an […]
MicroStrategy, the software firm led by prominent Bitcoin evangelist Michael Saylor, is once again demonstrating the potential of Bitcoin as a store of value. With a strategic approach to accumulating the Bitcoin through the entirety of the most recent bear market, the company is now sitting on a nearly $1 billion gain. MicroStrategy’s journey into […]
Bitcoin (BTC) is currently experiencing a notable surge in its value, effectively propelling the entire cryptocurrency market upwards. The recent upswing has drawn the attention of various experts in the field, one of whom is the pseudonymous crypto strategist known as TechDev. In a recent post on the popular social media platform X, TechDev emphasized […]
Bitcoin is due to hit $45,000 by the end of 2023, with post-halving BTC price targets reaching a giant $250,000.
A top crypto strategist predicts that one altcoin focused on artificial intelligence (AI) will double up while updating his outlook on decentralized oracle provider Chainlink (LINK). Pseudonymous crypto trader Bluntz tells his 226,200 followers on the social media platform X that Ocean Protocol (OCEAN), a data-sharing digital asset with a focus on AI, will see […]
Bankman-Fried was convicted in a landmark fraud case, with the jury swiftly reaching a unanimous verdict on the misappropriation of US $8 billion from FTX customers. Within hours after closing arguments framed Bankman-Fried as either a deceitful schemer or a besieged entrepreneur, the jury delivered the verdict. Bankman-Fried, who could serve up to 115 years […]