Polkadot DOT resumed a downtrend this week after failing to sustain recovery. The bears appeared back in control as they slowly released pressure. We can expect bigger drops if the price breaks below $6. After ending a week retracement at $7.3, DOT initiated a fresh drop on Monday and continued its bearish impulsive movement on […]
XRP Ledger’s lead developer, Wietse Wind, reveals game-changing strategy to rival Ethereum’s dominance in crypto space
Crispmind Set to Revolutionize Cryptocurrency Spending with Tectum Emission Token Listing on Travala. Crispmind, a disruptive tech company renowned …
A widely followed crypto analyst is giving traders an update on crypto king Bitcoin (BTC) and taking a look at Polkadot (DOT). Pseudonymous crypto trader Rekt Capital tells his 394,700 followers on the social media platform X that February has brought BTC a new rejection from resistance. “New month New rejection from the macro diagonal resistance.” Source: […]
German law enforcement authorities provisionally seized nearly 50,000 Bitcoin (BTC) worth $2.17 billion as part of an investigation into an illegal movie streaming website. According to the Dresden Public Prosecutor’s Office, the investigation involves two men suspected of operating the piracy portal and purchasing Bitcoin using the proceeds of their illicit activities. “The ongoing investigations […]
Ben Armstrong, widely known as “Bitboy,” has announced the discontinuation of his daily crypto show, bringing an end to a three-year run that garnered a significant following. The decision comes amid financial challenges and legal battles that have been plaguing the influential crypto personality. Financial Strain and Mounting Legal Bills Armstrong revealed the news through […]
Binance took action to freeze $4.2 million worth of XRP believed to be associated with the $112 million Ripple hack. This marks the largest cryptocurrency hack of 2024 thus far, stirring concerns within the digital asset community. XRP Ledger Foundation Claims Early Investigation Credit Binance’s CEO, Richard Teng, confirmed the freeze through a post on […]
TL;DR Celsius Network successfully concludes the distribution of over $3 billion to its creditors. The nearly unanimous support of 98% of account holders for its distribution plan was a crucial milestone for the company. They liquidated around 845,000 ETH for almost $2 billion on centralized platforms like Coinbase, expediting the payment process for creditors. After […]
Genesis has settled their case with the SEC after being accused of offering unregistered securities. The settlement avoids a potentially costly court battle, as Genesis aims to prioritise customer repayments. The USD $21M fine will be suspended until all creditors are repaid. Genesis maintains that they did not do anything wrong, however settled due to […]
TL;DR Major Crypto Contributions: Leading cryptocurrency companies, including Coinbase and Ripple, have donated millions to the Fairshake Political Action Committee (PAC). Fairshake PAC’s Role: As a super PAC, Fairshake champions the cause of the crypto industry at the political level, lobbying for policies that foster the sector’s growth and development. Strategic Advocacy Efforts: The investments by Coinbase, Ripple, […]
In the dynamic world of cryptocurrency, Arthur Hayes, the former CEO of BitMEX, is painting an optimistic picture for the potential recovery and growth of Solana in the crypto market. Known for his adept navigation through market fluctuations, Hayes recently shed light on Solana’s positive trajectory, emerging from the shadows cast by the downfall and […]
As most top altcoins turn red today, Ethereum Classic remains strong on the daily but has retraced briefly. Buying pressure is still intact following a 10% gain in the last 7 days. This month, ETC witnessed a massive surge in volatility and tapped $32.4. The price pulled back from that price level and fell below […]
Troubled crypto lending platform Celsius has avoided Chapter 11 bankruptcy with a plan to pay back its creditors billions of dollars. In a new press release, the embattled crypto firm announced yesterday that it has successfully emerged from bankruptcy with the intention of paying back its creditors $3 billion worth of crypto assets and fiat […]
A popular crypto trader thinks one nascent Ethereum (ETH) competitor could be on the cusp of a “considerable expansion upward.” The pseudonymous crypto analyst known as The Flow Horse calls attention to the layer-1 blockchain Sui Network (SUI). The mainnet of Sui Network went live in early May, and the SUI token kicked off trading […]
Last year, I planned a hike through El Boquerón, a national park atop the San Salvador Volcano that features a scenic crater, as well as a tiny crater within that crater called Boqueroncito (”Little Boquerón”), which I find adorable. In true millennial fashion, I consulted a handful of travel blogs to make sure I was […]
That crypto regulation, often provided by cryptocurrency exchanges like Binance, can also help protect investors by providing reliable, public …
The global financial information provider, SIX, has launched the new SIX Reference Rate Crypto and SIX Real-Time Crypto Indices, aiming to serve as benchmarks for AsiaNext’s crypto derivatives trading platform and institutional investors worldwide. The financial information provider has introduced a set of indices aimed at enhancing crypto trading. The new SIX Reference Rate Crypto […]
Polygon Labs – the main development team behind the Ethereum scaling network Polygon (MATIC) – has laid off 19% of its workforce in an attempt to create a more “efficient surgical team.” Though 60 employees were laid off in the process, the remaining workers have been granted a minimum 15% salary raise, effective as of […]
The cryptocurrency industry has witnessed a significant change in the movement of stablecoins, offering valuable observations into the evolving dynamics of the market. Recent data from IntoTheBlock and CryptoQuant has shown a surge in stablecoin inflows into exchanges, reaching record highs in January. Notable inflows were observed on January 2nd ($478 million), January 3rd ($489 […]
TL;DR February Unlocks: Almost $1 billion worth of token releases are anticipated in projects such as APT, IMX, and SUI. Aptos (APT) in Focus: APT leads with $230 million unlocked on February 12, facing resistance at $9.10 and risk of a pullback to $8.20. Investor Imperatives: Bearish indicators on IMX, SUI, SEI, and ROSE signal […]
Ran Neuner highlights Solana as a top altcoin buy due to the upcoming Jupiter Airdrop on its platform, a leading DEX aggregator by trading volume. He also points to Render (RNDR) as promising, driven by its connection with Apple’s Vision Pro and GPU & Spatial computing technology used in Apple’s new glasses. The Crypto Banter […]
TL;DR Aevo Launch and Airdrop: Deployment of the native token and rewards for early adopters. Incentives with Farming Program: Farming focused on volume, rates and loyalty. Key Next Steps: Launch of the Farming Program and post-Farming claims. Aevo, the derivatives trading protocol, has taken a significant step by deploying the smart contract for its native […]
A popular crypto trader is outlining three altcoins he thinks could surge higher in price than “older generation” digital assets during the ongoing market cycle. In a new YouTube video, Jason Pizzino tells his 309,000 subscribers that a good guideline for betting on altcoins is to avoid sinking money into projects from previous cycles. “When […]
Now available to trade via RFQ within the OTC Portal: Base asset Pair ETH BTC INJ USD SOL BTC, ETH Here’s what you need to know about ETH, INJ and SOL: Ethereum (ETH) is a global, open-source platform for decentralized applications. Ethereum is a marketplace of financial services, games and apps that is trustless, decentralized […]
Major Bitcoin proponent Samson Mow has issued a bullish Bitcoin statement to the crypto community
Digital asset investment firm, Valkyrie, has become the first spot Bitcoin Exchange-Traded Fund (ETF) to diversify the custody of its coins, according to a recent Securities and Exchange Commission (SEC) filing. In a move to enhance security and reliability, Valkyrie is now working with leading custodian provider BitGo, already in addition to Coinbase, to safeguard their funds. […]
An Oregon man has been arrested in connection with a cryptocurrency theft from a Tennessee resident. Investigative teams with the Cybercrime and …
A new survey from Bitget reveals bullish investor expectations around Bitcoin’s upcoming “halving” event in April 2024. 84% of respondents predict Bitcoin surpassing its all-time high of $69,000 in the next bull run. Investor Sentiment Upbeat Ahead of 2024 Bitcoin Halving The Bitget study engaged nearly 10,000 crypto investors globally to analyze sentiment and potential […]
Polygon (MATIC) is an ERC-20 token running on the Ethereum (ETH) blockchain. Used primarily on the network, Polygon (MATIC) has gained its market stance by completing about 65,000 transactions per second on a single blockchain. One key thing is that Polygon (MATIC) has effectively transformed Ethereum into a full-fledged multi-chain system. Bitcoin (BTC) is known […]
The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency miners to disclose data related to how much electricity they consume. The so-called “Emergency Survey” marks another attempt by the U.S. government to curb the negative excesses of Bitcoin mining, which Democrats have widely criticized for polluting the environment. The Emergency Bitcoin Mining […]
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