Jaw-droppping $2.53 billion worth of Bitcoin withdrawn from major exchanges in last 72 hours

Enthusiasm is running hot in the cryptocurrency industry, but investors shouldn't get ahead of themselves.

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Scrolling through my timeline, I noticed a guy who said I orange-pilled him a while back. He was into drugs and gambling at the time. He heard me preach about Bitcoin and he got into it […]

New numbers show China has sold $101.9 billion in US Treasury securities over the past 12 months. The Treasury Department says China cut its holdings from $869.3 billion in March of last year to $767.4 billion in March of this year. China’s holdings have steadily dropped from an all-time high of $1.31 trillion, which was […]

New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms of development activity. In a new post on the social media platform X, Santiment says that decentralized app protocol Hedera (HBAR) is leading the crypto space in development activity over the last 30 days, overtaking […]

BlockDAG’s New Dashboard Unveils Whales Activity, Driving Presales to $38.6M Amid Dogecoin’s Resistance & BONK’s Bullish Predictions Recent news around Dogecoin highlights the importance for the crypto to overcome current significant resistance levels for potential price growth. Meanwhile, despite recent bullish activity, the future of BONK’s crypto remains uncertain. On the other hand, BlockDAG (BDAG) […]

Crypto investors are keeping a close eye on Ripple (XRP) as technical indicators paint a concerning picture for the altcoin’s price. After closing below its 20-day exponential moving average (EMA) for four consecutive days, XRP has entered what many analysts interpret as a bearish zone. This technical indicator suggests a potential shift in market sentiment, […]

TL;DR zkSync Trademark Tension: Matter Labs’ attempt to trademark the term “zero-knowledge” (ZK) has sparked controversy in the crypto community, with industry leaders calling it an “absurd IP grab” and a move against the open and collaborative ethos of the sector. Crypto Leaders Unite: Influential figures, including CEOs and co-founders of major blockchain companies, have […]

JPMorgan has predicted an initial negative market reaction for spot ethereum exchange-traded funds (ETFs), expecting lower demand compared to bitcoin ETFs. The global investment bank also cautions that approximately $1 billion may exit the Grayscale Ethereum Trust, putting downward pressure on ether prices shortly after the launch of spot ethereum ETFs. ‘Initial Market Reaction to […]

OpenAI is pulling out all the stops to ensure that everyone is using its ChatGPT services.

Japanese cryptocurrency trading platform – DMM Bitcoin – fell victim to a hack resulting in a massive loss of Bitcoin worth around $305 million on May 31st. The exchange confirmed the attack and revealed that 4,502.9 bitcoins were drained from their systems. DMM Bitcoin has not provided additional details regarding the breach but stated that […]

Henrik Zeberg predicts epic 240% pump for MicroStrategy amid super crypto euphoria

AST Mining is a premier cloud mining platform enabling users to earn passive income through cryptocurrency mining. With a global reach across five …

Uniswap’s native asset UNI tumbled by about 9% on Friday after the decentralized exchange (DEX) announced that it had decided to punt on an important protocol upgrade. The DEX had planned on initiating an on-chain vote on Friday to implement a proposal that would have enabled a fee mechanism to reward UNI token holders who […]

Ripple chief executive Brad Garlinghouse doesn’t think that the leading meme token Dogecoin (DOGE) helps crypto. While speaking at Consensus, Garlinghouse laments that the United States “represents the bottom decile of regulatory clarity” for digital assets and acknowledges that it’s difficult to predict when institutional money will provide upside opportunity for the crypto sector. The […]

The Japanese crypto exchange DMM Bitcoin announced on Friday that it had been hacked for more than $300 million worth of BTC. The exchange said it lost 4502.9 BTC ($305 million) in what the crypto investigative firm Chainalysis called “the seventh-largest crypto hack ever.” DMM Bitcoin announced the hack on Friday morning and promised it […]

In a historic move, Donald Trump has become the first American President to accept Bitcoin Lightning Network payments for campaign donations. The announcement marks a significant step in the integration of Bitcoin into mainstream politics, highlighting Trump’s commitment to advancing the future of Bitcoin in the United States. Trump’s campaign has partnered with OpenNode, a […]

A crypto analyst has highlighted the Chainlink remarkable resilience amidst market volatility, predicting that the cryptocurrency is getting ready to witness a 300% surge against Bitcoin, the world’s largest cryptocurrency.  Chainlink Poised For 300% Increase Against Bitcoin Chainlink, a decentralized blockchain oracle network has been gaining traction recently, bolstered by the innovative developments within its […]

Following the recent news of Donald Trump being found guilty, the cryptocurrency market saw a surge in Trump-themed meme coins. A savvy trader capitalized on this trend, making significant profits in just a few hours by trading two of these new tokens: FREE TRUMP ($FREE) and NEVER SURRENDER ($TRUMP). As the news of #DonaldTrump being […]

Former U.S. President and presidential candidate Donald Trump’s crypto portfolio now exceeds $14 million, according to Arkham Intelligence’s onchain tracking tool. His crypto holdings include a significant amount of meme coins, which were airdropped to him by various developers. Trump has been convicted of 34 felony counts related to falsifying business records, marking the first […]

It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market.

A couple in California says Wells Fargo failed to protect $30,000 that was lost to hackers in a heartbeat. Ron Scott and his wife Jan say criminals recently logged into their Wells Fargo account after managing to hack one of their email passwords, reports CBS 8. The Scotts say the bank should have raised red […]

TL;DR Brad Garlinghouse, CEO of Ripple, expressed optimism about the approval of XRP, Solana, and Cardano ETFs in the United States. He criticized the SEC’s lack of regulatory clarity, claiming it is hindering the progress of the crypto sector in the country. The recent approval of Ethereum ETFs suggests a positive change in regulatory stance, […]

TL;DR Aptos Collaboration: Aptos has joined the Chainlink SCALE program, integrating Chainlink’s Oracle services to enhance its layer-1 blockchain, which is expected to empower developers to create advanced dApps. Market Reaction: Following the announcement, Aptos’ cryptocurrency (APT) saw a slight price increase of 0.05% and a market capitalization surge of 3.17%, indicating a positive market […]

Vocal Bitcoin evangelist Michael Saylor reacts as Bitcoin plunges under $68,000 mark

June is a monumental time for cryptocurrencies throughout the world. The steep growth that started in January is still on the rise.

[PRESS RELEASE – Dover, Delaware/USA, June 1st, 2024] Goat Token (GOAT), developed by Miro Eden (Amr El Adany), introduces a new approach to the cryptocurrency landscape with a focus on transparency, security, and community involvement. Overview of Goat Token Goat Token, available at https://goattoken.io, operates on a secure platform designed to offer transparency and reliability. The […]

Goldman Sachs is striking an increasingly positive tone on Bitcoin calling the new spot Bitcoin ETFs an “astonishing success” after years of scepticism. JUST IN: 🇺🇸 Goldman Sachs says the #Bitcoin ETF approval was a "big psychological turning point." It has been an “astonishing success.” 🚀 pic.twitter.com/fcuhXMyAah — Bitcoin Magazine (@BitcoinMagazine) May 30, 2024 At […]

During this bull cycle, the crypto market has been surfing off Bitcoin’s crest and enjoying the bullish momentum. However, investors hope for a seismic explosion to impulse Altcoins to new highs. As the crypto industry awaits, online reports revealed that, since FTX’s fall, only eight altcoins have hit a new all-time high (ATH) against Bitcoin. […]

Analysts predict ETH ETF’s launch for June, Bitcoin dips as Mt. Gox wallets move, and Binance France changes ownership.

A widely followed cryptocurrency analyst and trader is warning that a Solana (SOL)-based memecoin looks primed for an epic collapse. The analyst pseudonymously known as Bluntz tells his 260,700 followers on the social media platform X that dogwifhat (WIF) could lose around 70% of its value from current levels. The crypto strategist says that WIF […]

BlockDAG’s Dashboard Spurs Massive $38 Million Presale, Outpacing Fantom’s Growth And Chainlink’s Pricing Struggles In the evolving world of cryptocurrencies, BlockDAG stands out with its unique blend of blockchain and DAG technologies aimed at solving the industry’s core issues of security, scalability, and decentralization. The launch of BlockDAG‘s new dashboard has greatly increased investor involvement, […]