Key Takeaways: Wintermute withdrew $38 million worth of SOL from Binance. Another $2 billion worth of Solana tokens is expected to unlock, which could intensify selling pressure. Analysts are worried about the risk of big holders dumping unlocked tokens. The crypto community is on edge as market maker Wintermute recently withdrew a large amount of Solana […]
Data shows that the cryptocurrency derivatives sector has seen a high amount of liquidation during the past day as Ethereum and other altcoins plunged. Altcoins Have Just Witnessed Massive Long Liquidations According to data from CoinGlass, liquidations have piled up on the cryptocurrency futures market in the last 24 hours. “Liquidation” here refers to the […]
The top securities regulator in the United States is dropping its investigations into leading retail trading app Robinhood. According to a new announcement from Robinhood, the U.S. Securities and Exchange Commission (SEC) is dropping its investigation into the trading app less than a year after sending the firm a Wells Notice. The SEC sent Robinhood […]
Coinbase CEO Brian Armstrong says that memecoins are the canary in the coal mine, foreshadowing a broader trend of the tokenization of culture. In a new interview with CNBC, Armstrong says he expects memecoins to eventually lead to the tokenization of identities, votes and art. “Memecoins in the broadest sense, I think we should find […]
Berachain – EVM-identical Layer 1 blockchain – has reached a new milestone this week. Within 20 days of its Mainnet launch, Berachain has surpassed major blockchains such as SUI, Avalanche, and Arbitrum, in Total Value Locked (TVL), after hitting $3.27 billion before retreating mildly. Berachain secured the sixth position in DeFi TVL following the new […]
The race to bring more cryptocurrency exchange-traded funds (ETFs) to market continues as Nasdaq seeks to list the Canary HBAR ETF. The exchange filed an application with the US Securities and Exchange Commission (SEC) to offer an ETF supported by Hedera Network’s native token, HBAR. This initiative adds to a growing list of applications from […]
Raoul Pal, co-founder and CEO of Real Vision Group, has compared this cycle to 2017
Cybercriminals are exploiting major e-sports tournaments to target players of the popular video game Counter-Strike 2 (CS2), researchers have …
OKX’s Aux Cayes FinTech Co. Ltd agreed to pay over $500 million worth of fines for operating an unlicensed money-transmitting business.
Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks in Focus Bitfinex analysts noted bitcoin’s (BTC) volatility spiked briefly on Feb. 21 amid a $1.5 […]
The ex-CEO of a small bank reportedly sent shockwaves through a small American community when he fell for an elaborate crypto scam, causing over $47 million in damages and wiping out generational wealth. In August of last year, Shan Hanes, the former CEO of Heartland Tri-State Bank (HTSB) in Elkhart, Kansas, was sentenced to 24 […]
A network of groups representing the American financial industry is calling on the White House’s crypto czar David Sacks to include federal regulators in the President’s Working Group (PWG) on digital assets. In a letter to Sacks, the American Bankers Association, the Financial Services Forum, the Bank Policy Institute, The Clearing House, the Association of […]
Key Takeaways: Super USDT seeks to address the fragmented liquidity of bridged USDT on the OP Superchain. Building on Chainlink and Hyperlane, Super USDT will provide nearly-free cross-chain transfers within the Superchain. Super USDT will be compatible with future native Superchain interoperability standards. The world of stablecoins is about to witness a major shift with the launch […]
Robert Kiyosaki, a popular author and Bitcoin supporter, is back in the headlines after claiming that Bitcoin can hit $13 million. The author of “Rich Dad Poor Dad” made his prediction after Strategy’s Michael Saylor’s podcast interview last November made the rounds online. In a podcast last November, podcaster Patrick Bet-David offered a hypothetical question […]
Ether price is down nearly 6% even though Bybit has been buying in bulk. Cointelegraph explains why.
TL;DR Bitcoin’s price has fluctuated between $91,000 and $102,000 for over three months, but it dropped sharply due to the Bybit hack and a mass sell-off of S&P 500 options. The crypto market has gone through a broad correction, with huge losses in February, exacerbated by growing economic uncertainty and BTC’s increasing correlation with traditional […]
Regulatory shifts seem to be working in XRP’s favor and DeepSeek AI predicts XRP could hit $30 by 2025, a massive 1000% jump from its current price. Today, we break down why analysts are so bullish on XRP. We’ll also talk about how PlutoChain ($PLUTO), a new hybrid Layer-2 solution, could help turn Bitcoin into […]
Stablecoin Bank Infini has suffered a security breach that resulted in the theft of over $49 million in USDC. On-chain tracking platforms identified that the attack happened due to an exploiter misusing retained administrative privileges. Ex-Developer Behind the Hack CertiK was the first to detect unusual activity on February 24, reporting unauthorized fund transfers from […]
Citadel’s Ken Griffin has seemingly warmed up to crypto
Authorities in Virginia have seized $1.4 million in cryptocurrency stolen in a 'pig butchering' scam.
The Nasdaq Stock Market LLC, on behalf of Canary Capital, submitted a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to list a spot exchange-traded fund (ETF) focused on the native asset of the Hedera Network, HBAR. Nasdaq Files for Spot Hedera ETF, Paving the Way for HBAR Exposure The Nasdaq filing marks […]
A widely followed crypto analyst is revealing how high he expects Bitcoin (BTC) to run during the current bull market. In a new video update, crypto strategist Jason Pizzino tells his 348,000 YouTube subscribers that the top crypto asset by market cap could hit a price tag of $136,000 by the start of next year. […]
Figure Markets brings the first SEC-approved yield-bearing stablecoin to Solana in the form of YLDS. YLDS will use the Secured Overnight Financing Rate minus 0.5% to determine its APR. Investors can redeem their YLDS in-kind or for USD 24/7, demonstrating the power of the blockchain for yield-bearing assets. The new product adds another high-profile tokenised […]
Key Takeaways: Ethena raised $100 million in a private token sale led by Franklin Templeton and F-Prime Capital. The proceeds from this will help create a new token for TradFi and Ethena’s own blockchain. USDe, the stablecoin of Ethena, remains over 100% collateralized, signs of which can also be seen in the risk management approach taken towards trending […]
The once dominant Shiba Inu (SHIB) is enduring a severe cryptocurrency downturn, seeing a significant 26% price reduction in the last month. Current data indicates the meme token is trading at $0.00001476, with a market capitalization of around $8.7 billion. Despite a slight 1.35% increase in the past 24 hours, SHIB’s general trend remains bearish, […]
As the demand for humanoid robots grows across industries, DeFi-inspired systems offer a decentralized, transparent and efficient way to match the right robots to the right tasks.
Just a few hours after announcing the successful completion of a $2 billion offering of convertible notes, Strategy (formerly MicroStrategy) said it had purchased BTC for the exact same amount. Thus, its total bitcoin stash has grown to over 499,000 BTC. Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved […]
XRP liquidation stuns long traders amid market volatility
According to reports, the cryptocurrency trader lost $500 on a memecoin investment and died by suicide during a broadcast.
Market intelligence platform CryptoQuant says that the Ethereum (ETH) reserves of Bybit are recuperating after the crypto exchange was hacked to the tune of $1.4 billion. In a new thread on the social media platform X, Julio Moreno – CryptoQuant’s head of research – says that Bybit is seeing inflows worth over $390 million in […]
TL;DR This week’s key economic events include the Consumer Confidence Report, housing market data, Nvidia’s earnings, US GDP report, PCE inflation report, and multiple Fed speeches. Strong economic data could boost Bitcoin’s value by encouraging investors to take on more risk, while weak data or high inflation could lead to increased market volatility. Despite recent […]
Solana (SOL) and Cardano (ADA) have both asserted themselves as powerhouses in the Layer 1 landscape, pulling incredible price multipliers and granting incredible returns to early investors. However, both projects have been stalling over the past month, as geopolitical tensions and uncertainty have started rising. Meanwhile, Rollblock (RBLK) continues to tear through milestones and is […]