TOTAL Market Cap: Sparks caution as it re-enters a long-term channel formed at the start of May. Altcoins SMASHED! Massive Outflows: Approximately $600 million was pulled from digital-asset products last week, marking the largest outflow since March. Bitcoin Still Trapped: Bitcoin currently sits at an interim 4-hour support level, with the key daily level at […]

[PRESS RELEASE – Dubai, UAE, June 19th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the launch of the third installment of its (Total Value Locked) Incentive Program. This program is committed to nurturing Web3 ventures that are deployed on BNB Smart Chain (BSC) or opBNB. […]

TL;DR The constant daily selling pressure in the crypto market is approximately $150m-$200m. Token dilution in the crypto market is comparable to inflation in the traditional financial system. The lack of new liquidity coupled with high selling pressure prevents a bull market for altcoins. The cryptocurrency market is currently facing huge selling pressure, estimated at […]

Hashdex wants to launch an ETF that provides combined exposure to Bitcoin and Ethereum

Pollbits.com is a cryptocurrency exchange that is the perfect combination of reliability, innovation and high level of service.

Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, shared his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem, which he described as following: “Bitcoin is ~10% off of ATHs and the timeline appears to be on the verge of cannibalism.” In a series of detailed posts on X, […]

Bitcoin is struggling to bounce off $64,500, increasing the possibility of a deeper correction to $60,000.

Top US crypto exchange Coinbase is listing one Ethereum (ETH) restaking protocol project for pre-launch trading. In a new announcement, Coinbase says that EigenLayer (EIGEN) is now available for trading ahead of its official launch on the platform’s International Exchange and Coinbase Advanced for users in eligible jurisdictions outside of the US, UK, and Canada. […]

In the past day, Justin Sun, the prominent cryptocurrency entrepreneur, deposited 6.22 million CRV tokens ($2.07 million) to Binance at a price of $0.333 per token. Among these tokens, 5 million CRV were acquired from Curve founder Michael Egorov at an over-the-counter (OTC) price of $0.4 last August. In addition to CRV, Sun also transferred […]

On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders may lose confidence and patience. Crypto […]

A Nigerian court has dismissed a fundamental rights enforcement lawsuit filed by Nadeem Anjarwalla, Binance’s executive, the local media publication Vanguard reported. This turn of events occurred following Anjarwalla’s escape from lawful custody to Kenya. The case involves claims against the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC). Tax Evasion […]

Established in 1930, Tooting Market in South London is an iconic indoor market and the UK’s first food market. It has garnered accolades such as Best Small Indoor Market at the 2017 Great British Market Awards and Tooting is listed among Lonely Planet’s ‘Favorite Lesser-Known Neighborhoods In The World’s Greatest Cities.‘ And now it accepts […]

Drake has flaunted his near-incomprehensible wealth on Instagram, showing off his US $500k stakes on the outcome of two major US finals. The Canadian rapper dropped US $1m betting on the Dallas Mavericks and the Edmonton Oilers to win their respective sports leagues. His rationale for picking each was basically non-existent, deep-rooted in bias. Naturally, […]

Bitcoin has worked its way into the top three networks for all-time NFT sales, leapfrogging Ronin over the past seven days. The move comes on the increased popularity of Ordinals and greater push toward making Bitcoin a DeFi ecosystem, rather than a store/exchange of value. Bitcoin recorded nearly $150m of NFT sales volume in the […]

TL;DR A well-known gaming platform announced its holdings of meme coins like SHIB, DOGE, PEPE, and BONK, integrating “their unique cultures” into its ecosystem. The entity hinted that similar news might follow in the future. Turning Into a Meme Coin HODLer Meme coins have been crypto’s rock stars during this bull cycle, with multiple individuals […]

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As part of our ongoing commitment to enhance the overall security of the crypto ecosystem, we’re informing the crypto community that we have patched an isolated bug in our deposit and funding systems. No client assets were impacted or vulnerable leading up to this disclosure. Kraken has fixed the bug.  The bug was initially discovered […]

Police say victims have been told to pay with cryptocurrency gift cards or mobile apps. Similar robocalls have occurred across the country. "An …

Bitcoin seems to be hitting an air pocket. Over the past two weeks, whales have been shedding their digital assets in large amounts. This exodus, totaling over $1.2 billion according to CryptoQuant, has been a cause for concern for many landlocked investor. Where The Whales Go, The Market May Follow The reasons for this sudden […]

OpenEden’s TBILL received an ‘A-bf’ rating from Moody’s Ratings on June 19, as more T-Bills are going onchain.

A closely followed crypto strategist thinks that Bitcoin (BTC) has a shot of bottoming out at current levels. Pseudonymous analyst Credible tells his 398,800 followers on the social media platform that Bitcoin may have just witnessed a swing pattern failure (SFP) on the lower time frame after bouncing from $64,000. SFPs are often looked for […]

TL;DR Hashdex has applied to the SEC to create an ETF that will include Bitcoin and Ethereum. The ETF will allocate approximately 70.54% of the fund to Bitcoin and 29.46% to Ethereum, following a market-cap-weighted strategy. Coinbase Custody Trust Company and BitGo Trust Company will act as custodians of the ETF, ensuring the security of […]

TL;DR Kraken suffered an extortion attempt by security researchers. An error in a UX change allowed the system to be exploited to withdraw almost $3 million. Kraken responded with transparency and collaborated with authorities to treat the case as a crime. On June 9, 2024, Kraken, a prominent cryptocurrency exchange platform, received an alarming report […]

New York Rep. Alexandria Ocasio-Cortez has criticized the involvement of Fairshake, a crypto-focused super PAC, in New York’s 16th congressional district democratic party elections. Ocasio-Cortez qualified the media campaign against incumbent Jamaal Bowman, valued at over $2 million, as “corruption” and a “core threat to American democracy” on social media. Alexandria Ocasio-Cortez Tells Crypto PAC […]

Bitcoin holders have experienced their largest 3-day drop in non-empty wallets since just before the March 14th all-time high. Unlike the previous surge, Bitcoin’s value has been declining, prompting traders to liquidate out of fear of further drops. Meanwhile, the number of Ethereum wallets continues to grow. Bitcoin holders have just had their biggest 3-day […]

As Bitcoin dips below the $65,000 mark, currently trading at $64,886, the cryptocurrency market is witnessing a heightened sense of urgency among traders. This recent downturn reflects a broader trend observed over the past week, with Bitcoin shedding approximately 2.4% of its value. The last 24 hours alone saw a further decline of 1%, signaling […]

Graphics processing and AI giant Nvidia provides roughly 80% of the artificial intelligence chips used in high-end data centers.

An “airdrop hunter” secured $753,000 worth of the new ZKsync token (ZK) via 85 wallets, according to the crypto tracker Lookonchain. Lookonchain notes the trader proceeded to deposit 2.71 million ZK worth $678,000 into Binance and sold 300,000 ZK for 20 Ethereum (ETH) worth $69,000 via the decentralized exchange (DEX) SyncSwap. ZKsync is a layer-2 […]

An analyst who accurately called the 2022 crypto collapse is turning bullish on Solana (SOL) and Render (RNDR). Pseudonymous analyst Capo tells his 90,280 Telegram subscribers that Ethereum (ETH)-rival Solana and RNDR, the graphics processing unit (GPU) rendering blockchain, are likely in an uptrend pattern. “Added more to the SOL and RNDR longs.” Solana is […]

There has been a significant shift in the distribution of Dogecoin holdings over the past year. In fact, a cohort of DOGE whales have slowly reduced their holdings, which, in turn, may have been captured by retail and mid-sized holders of the meme coins. DOGE Whales’ Distribution According to the latest analysis by IntoTheBlock, the […]

Bitcoin has staged a sudden comeback, with millions of dollars worth of shorts being liquidated

COLORADO, USA – Media OutReach Newswire – 18 June 2024 – At a recent global cryptocurrency security forum, PTOUNX Exchange unveiled a significant.