XRP price is consolidating above the $0.520 support. The price could gain bearish momentum unless there is a close above $0.550 and $0.570. XRP is showing bearish signs below the $0.550 and $0.570 resistance levels. The price is now trading below $0.5420 and the 100 simple moving average (4 hours). There is a key bearish […]
Whale Alert has reported a significant transfer of 133 ETH from a long-inactive pre-mine address, stirring intrigue and speculation in the crypto community
A Santiment report has revealed Cardano dominates developer activity, dispelling some “zombie chain” doubts over the past fortnight. Cardano leads the way but is closely followed by Polkadot and Kusama, while Optimism and Ethereum rise up the rankings. The price of Cardano’s native token, ADA, has fallen nearly 10% amid a rough week for the […]
… gaming. The platform also champions a swift transactional experience, offering instant, free cryptocurrency transfers with limitless maximums.
In yet another plot twist, the SEC revealed that they purposefully disabled multi-factor authentication about six months prior to the hack. An exploit called “Sim swapping” is blamed, which has raised eyebrows over such a significant security lapse at a major government agency. The incident highlights the importance of cybersecurity for everyone – even those […]
One of the central value propositions of Bitcoin is that no matter what happens, if you pay a high enough fee some miner out there in the world will confirm your transaction. In other words, Bitcoin is censorship resistant. There is a very good reason that the phrase “censorship resistant” is the wording you hear […]
January 23, 2024 – Dubai, United Arab Emirates Trust Wallet, a leading cryptocurrency gateway, announces the launch of ETH pooled staking. This feature aims to expand the Ethereum staking experience, offering greater access, potential for rewards and security for Trust Wallet users. ETH pooled staking, offered through Trust Wallet and powered by Kiln, addresses some […]
Leading blockchain finance company Ondo Finance has made a strategic move into the Asia Pacific region, marking its entry with the opening of its inaugural office in the area. The expansion aims to strengthen Ondo Finance’s presence and offerings in the rapidly growing market. Ondo Finance is introducing three tokenized products to its portfolio, catering […]
Celsius Networks, currently undergoing bankruptcy proceedings, has engaged in significant Ethereum transactions that are causing ripples within the digital currency landscape. In the past 10 hours, on-chain analysts at LookonChain detected noteworthy transfers, including a 13,000 ETH deposit ($30 million) on Coinbase and an additional 2,200 ETH ($5 million) on FalconX. These transactions suggest a […]
The crypto lender Abra has entered into a settlement with the Texas State Securities Board, agreeing to return the frozen funds of the customers. According to yesterday’s (Monday) announcement, the company currently holds about $13.6 million in crypto assets for roughly 12,000 investors. Withdrawals Will Start Under the settlement terms, Abra clients with a balance […]
Cardano (ADA) stands out as a leader in development, according to data from the analysis firm Santiment. The key indicator here is development activity, which tracks the total work done by developers on the project’s public GitHub repositories. Santiment has taken a unique approach to measuring this activity, using events instead of traditional commits to […]
In recent days, Solana (SOL) has seen a sharp drop in its price, raising concerns about the possible bursting of the bubble that led the cryptocurrency to reach a high of $126 on December 26, 2023. Data from CoinMarketCap reveals an 8.7% decrease in price in the last 24 hours, placing it at around $80 […]
An unidentified individual recently suffered a significant loss of aEthWETH and aEthUNI, totaling $4.2 million, falling victim to a crypto phishing attack that leveraged a falsified ERC-20 permission signature. According to the Web3 security firm Scam Sniffer, the victim unwittingly signed approvals for multiple transactions using an ERC-20 authorization manipulated by an opcode contract to […]
Grayscale’s massive selling pressure could have been enough for digital gold to retrace swiftly
A Colorado-based pastor for an online church accused of pocketing $1.3 million through a cryptocurrency fraud scheme told followers in a video …
Digital assets manager CoinShares says institutions are delving into Bitcoin (BTC) exchange-traded products (ETPs) after the U.S. Securities and Exchange Commission (SEC) approved a spot BTC exchange-traded fund (ETF) earlier this month. In its latest Digital Asset Fund Flows report, CoinShares finds that even though crypto investment products saw outflows last week, trading volumes were higher […]
The spot Bitcoin ETF launch has been overshadowed by massive investor exodus from Grayscale Bitcoin Trust (GBTC). Discount vanishing and high fees have incentivised investor migration to more efficient spot ETFs. FTX’s USD $1 billion liquidation likely the peak single-account outflow, but more selling is on the horizon. However, the market shedding some of its […]
The crypto market is experiencing a widespread downturn, with Bitcoin and several altcoins like Astar, Helium, and Terra Classic seeing significant losses. Australian crypto trader Jason Pizzino interprets the recent Bitcoin drop as a reaction to the ETF announcement, viewing it as a temporary setback before reaching new highs. Raoul Pal advises investors to stay […]
Now that Spot Bitcoin ETFs have been approved by the United States Securities and Exchange Commission (SEC), the crypto space anticipates more ETFs to enter the market, particularly Spot Ethereum ETFs. Despite this, analysts at JP Morgan, an American multinational financial service firm, have revealed a less than optimistic outlook for the potential approval of […]
After months of speculation and a frenzy of attention that crossed over from crypto Twitter to mainstream financial channels, those long-awaited spot BTC ETFs finally gained approval from the SEC earlier this month, and from there, were almost immediately up and running. There was the added last minute drama of the SEC having its X […]
Recent Ethereum (ETH) market dynamics reveal a mixed picture, with reports of both selling and accumulation activities among major holders. Despite the Ethereum Foundation’s reported sale of 700 ETH for 1.684 million DAI at an average price of $2,422 over six days, whales are seizing the dip in ETH prices. The #Ethereum Foundation appears to […]
Vocal Bitcoin advocate Mow explains his Bitcoin ‘step change’ concept to cryptocurrency community
The former chief executive of an investment firm has been sentenced to two years in prison for a “cherry-picking” scheme involving crypto derivatives. In a new press release, the U.S. Department of Justice (DOJ) says that US-Russian national Peter Kambolin, the founder of Systematic Alpha Management (SAM), operated a $1.6 million cherry-picking scam where he […]
Taxes, cryptocurrency, donations and even money from Israel are thought to have kept militant group running.
[PRESS RELEASE – Palo Alto, USA, January 23rd, 2024] Inaugural Sui ecosystem event comes to Paris April 10-11, 2024 Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the Layer 1 blockchain and smart contract […]
It has been reported that the Ethereum Foundation has executed a transaction selling an additional 700 ETH. The sale, amounting to 1.68 million DAI, was conducted at an average rate of $2,406 per ETH. The transaction was processed through two distinct addresses, namely 0xbc9 and 0xd77, within the past 40 minutes. According to the blockchain […]
US Senator Elizabeth Warren is once again calling for an anti-crypto crackdown amid a new government report suggesting that certain nations are using digital assets to avoid sanctions. Warren (D-Massachusetts), a longtime crypto critic, tells her 6.8 million followers on the social media platform X that a U.S. Governmental Accountability Office (USGAO) report shows why […]
The Bitcoin price has plummeted below the $39,000 mark, the lowest level since December 2. This significant drop can be attributed to three main factors that have collectively contributed to the current market sentiment and price action. #1 Selling Pressure From Grayscale’s GBTC Outflows The market has been heavily influenced by the continuous outflows from […]
Documents reveal Terraform Labs has filed for Chapter 11 bankruptcy protections in the US. Terraform Labs say filing is a strategic move to allow the company to continue to pursue its business plan while repaying creditors. Terraform Labs and ex-CEO Do Kwon face numerous legal battles both in the US and Singapore relating to the […]
The largest crypto exchange in the world is announcing perpetual contract support for a new altcoin project with connections to the traditional finance (TradFi) world. Ondo Finance (ONDO) is a project focused on tokenizing real-world assets (RWAs), with a focus on short-term bonds and US Treasuries. Ondo’s products are currently only accessible on the Ethereum […]
Crypto Tony’s Bitcoin price prediction stirs speculation in community
Bankrupt crypto exchange FTX’s former trading arm Alameda Research is reportedly no longer pursuing its lawsuit against crypto giant Grayscale. Last March, debtors of the bankrupt digital asset exchange FTX filed a lawsuit against Grayscale in Delaware. The lawsuit alleged that Grayscale extracted over $1.3 billion in excessive management fees in violation of trust agreements. Additionally, […]