A top trader who nailed Bitcoin’s (BTC) bottom last year says Ethereum (ETH) may see a deep devaluation before carving out a cycle bottom. In a new episode of the TechnicalRoundup, crypto analyst DonAlt tells his 53,300 YouTube subscribers that Ethereum may be on the verge of breaking down against Bitcoin (ETH/BTC). According to the […]
Chainlink, a decentralized oracle network, has addressed concerns raised by the crypto community about a recent alteration in its multisig (multi-signature) wallet. The criticism arose after users, including well-known crypto researcher Chris Blec, noticed a quiet shift in the number of signatures required on the multisig wallet from 4-of-9 to 4-of-8. Crypto Community Questions Chainlink’s […]
To expand global crypto derivatives offerings, Coinbase considered the acquisition of FTX’s European entity following FTX’s bankruptcy in November. The discussions did not progress to an advanced stage. However, this move highlights Coinbase’s growing emphasis on derivatives. Crypto Futures Approval: Coinbase’s Strategic Move Derivatives are complex financial instruments. These are based on the value of […]
Many people these days are finally starting to realize the shortcomings and limitations of off-chain channels limited to two participants, i.e. the Lightning Network, and the necessity to start exploring designs for channels with more than two participants for this direction in scaling to work successfully in the long term. That necessitates accepting new trade-offs, […]
Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the issuance of Yen and other foreign currency-denominated stablecoins in Japan.
Mixin Network, a Decentralized Finance (DeFi) instant messaging and wallet platform, has recently disclosed a significant breach that targeted its cloud service provider, leading to a substantial financial loss within its mainnet ecosystem. According to a post on X (formerly known as Twitter), Mixin Network reports that this security incident resulted in a staggering $200 […]
The cryptocurrency industry has struggled to counter the view that it facilitates money laundering. The latest enforcement action by the Securities and Exchange Commission (SEC) is a reminder of how pervasive money laundering, and the lack of safeguards against it, are among the most reputable and powerful financial institutions. The SEC has fined DWS Investment […]
According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly after compromising the platform and has since remained silent. Huobi Resolves Breach, Offers Hacker Lucrative […]
Novel platform OptionFlow starts testing campaign with experimental tMILK, tOPT and tADA tokens
… cryptocurrency for investment products. According to CoinShares' latest report, XRP-related products attracted an impressive $700,000 last week …
Approximately 40 minutes ago, a notable crypto investor withdrew a substantial amount of $ARB tokens, totaling $1.14 million, from the popular exchange #Binance. This move came after the investor had initially deposited $1.13 million worth of $ARB on July 3rd when the token was valued at $1.17 per coin, resulting in a loss of approximately […]
Hong Kong’s Securities and Futures Commission (SFC) is bringing transparency following the arrests involving JPEX with the publication of the list of all virtual asset trading platforms (VATPs) applicants. It will also “enhance and issue a dedicated list of suspicious VATPs.” SFC Is Making Crypto Industry Transparent In the announcement today (Monday), the Hong Kong […]
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. Chaumian ecash, a privacy-preserving payment system, was conceptualized in the early ’80s and known to be the first cryptocurrency ever invented. Although this technology experienced a period of dormancy, the advent […]
The announcement of yet another top figure departing Binance coincided with an increased outflow of funds from the crypto platform. But can one executive resignation really have such an impact?
Ether has faced a challenging period in terms of price performance since early August, dropping below the $1,800 mark. The trend has consistently exhibited a downward trajectory on longer-term price charts, making it a daunting task for buyers to reverse this course. As a result of this increased bearish market structure, retail traders of Ether […]
Coinbase is currently believed to hold almost 1 million Bitcoin (BTC) in its wallets as per the data shared by Arkham. When the total value of these tokens is calculated with respect to the ongoing market prices, these tokens are worth more than $25 billion. According to Arkham, Coinbase’s holdings account for approximately 5% of […]
Upbit, South Korea’s largest cryptocurrency exchange and the 24th largest in the world by trading volume, is dealing with a major security crisis after a significant breach involving the Aptos (APT) token. The security breach became apparent on Sunday morning when Upbit’s system mistakenly identified the counterfeit token as APT, permitting a bot to deposit […]
Polygon (MATIC) has held steady above the $0.50 support level as altcoins gained ground on Bitcoin (BTC) over the weekend. Key on-chain indicators raise doubts that investors will HODL long enough to further drive the MATIC price recovery attempts. Polygon (MATIC) price remains well above $0.50, as the bulls fiercely defended the critical support level […]
The Cardano community has been one of the fastest-growing in the crypto space and this has shone a heavy spotlight on the ADA price. With expectations mounting already even amid the crypto winter, there are key factors that stakeholders believe could drive the altcoin’s price as high as $12. ADA Price Could Reach $12 In […]
New data from IntoTheBlock reveals that Bitcoin (BTC) is showing relative strength against the stock market amid declining macroeconomic conditions. In a new article, Lucas Outumuro, the analytics firm’s head of research, says that the crypto king’s price action last week has been “remarkable” while the stock market tumbled. “As expected, the Federal Reserve did […]
Widely followed crypto analyst Benjamin Cowen says that a lot of altcoins are being primed for another collapse some time this year without a recovery. In a new video update, Cowen tells his 787,000 YouTube subscribers that an “altcoin reckoning” is on the horizon – one that many crypto assets won’t ever come back from. […]
Yann Allemann, co-founder of analytics firm Glassnode, foresees a potential rally brewing for Bitcoin
Find Out Which Cryptocurrency Will Reach $1 First. 22 views · 14 minutes ago #ChannelsTv #newsupdate #news …more. Channels Television. 2.86M.
The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option.
Few names in the world of cryptocurrencies are as well-known as Bitcoin. Bitcoin has been a wild ride of highs and lows, attracting the attention of investors, authorities, and enthusiasts alike. Bitcoin’s price has recently fluctuated significantly, prompting concerns about its stability and future prospects. This article investigates the elements that have influenced Bitcoin’s recent […]
In a move that reaffirms its commitment to cryptocurrencies, MicroStrategy, a leading business intelligence firm, has recently announced the acquisition of an additional 5,445 Bitcoin (BTC) for approximately $147.3 million. This strategic investment was made at an average price of $27,053 per BTC, further expanding MicroStrategy’s already substantial crypto portfolio. MicroStrategy Now Holds 158,245 BTC […]
Seychelles-based cryptocurrency exchange HTX (formerly Huobi) has lost $7.9 million worth of ETH to a hacker, on-chain data shows. The exchange has already identified the culprit and is ordering a return of funds with the threat of legal action. As noted by blockchain security firm Peckshield, exactly 4999 ETH ($7,866,926.30) left Huobi’s wallet on Sunday […]
An analyst who continues to build a following with his long-term Bitcoin calls is forecasting the timeline for a BTC post-halving bull run. Pseudonymous analyst Rekt Capital tells his 353,800 followers on the social media platform X that he’s looking at the 2017 and 2020 bull market cycles to see when Bitcoin could top out […]
The Terra Luna Classic (LUNC) community has voted overwhelmingly, with nearly 60% in favor, to cease the minting and reminting of Terra Classic UST (USTC) tokens. The drastic decision, in a decisive move aimed at rescuing the beleaguered Terra Classic stablecoin, comes in the wake of Terra’s collapse in May 2022, which had sent shockwaves […]
Amazon has agreed to invest $4 billion into the artificial intelligence startup Anthropic to develop high-performing foundation models.
Coinbase, the largest American crypto exchange, has obtained a license from the Bank of Spain to operate in the country. The license allows the company to offer its full suite of products and services to retail and institutional users in Spain, in compliance with the national legal framework. The license is a result of Coinbase’s […]
Top US digital asset exchange Coinbase has successfully registered as a cryptocurrency exchange and custodian wallet provider with the Bank of Spain. Coinbase says in a new announcement that the registration will let the company offer its full scope of products to retail and institutional users in Spain within regulation. Spanish users will now be […]