Blast, a new Ethereum Layer-2 solution, has made a remarkable debut, attracting over $42.0 million within 24 hours of its launch. This rapid influx of funds underscores the growing interest in Layer-2 solutions, which aim to enhance the scalability of the Ethereum network while maintaining its robust security. Over $42.0M has already been blasted over […]
BNB is rallying on the news that the U.S. Department of Justice (DOJ) is seeking to close a criminal case against Binance. According to a new Bloomberg report, the DOJ is seeking over $4 billion from the largest crypto exchange by trading volume to settle a multi-year investigation. A separate report from the Wall Street […]
Coin Prices Bitcoin $37,086.00 -1.04% Ethereum $2,000.28 -1.67% BNB $243.85 -5.21% XRP $0.599765 -2.99% Solana $54.85 -3.99% Cardano $0.372739 -3.37% Dogecoin $0.075391 -4.94% TRON $0.097663 -4.08% Chainlink $14.09 -4.40% Avalanche $20.71 -2.89% Polygon $0.759787 -7.50% Polkadot $5.04 -5.84% Wrapped Bitcoin $36,983.00 -1.34% Litecoin $68.33 -2.35% Shiba Inu $0.00000811 -5.12% Bitcoin Cash $227.18 -0.31% Uniswap $5.00 […]
WASHINGTON — The world's largest cryptocurrency exchange has agreed to pay more than $4 billion as part of an agreement with the U.S. government, …
Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US Department of Justice (DOJ) through a $4.3 billion fine. Binance CEO To Plead Guilty The Wall Street Journal has disclosed that Binance CEO Changpeng […]
A closely followed crypto strategist warns that Ethereum (ETH) will continue to lag behind the flagship digital asset Bitcoin (BTC). Trader Credible Crypto tells his 353,200 followers on the social media platform X that the Ethereum versus Bitcoin pair (ETH/BTC) is still in a macro downtrend. According to the analyst, the ETH/BTC rally spurred by […]
Payments giant Mastercard is partnering with an artificial intelligence (AI) firm to combat crypto fraud. Mastercard plans to integrate its crypto intelligence solution, CipherTrace Armada, with a platform developed by financial risk management solution Feedzai, according to a recent press release. Feedzai estimates that 40% of scam transactions exit directly from a bank account to […]
TL;DR Dark Defender’s XRP Prediction: Analyst Dark Defender predicts XRP’s short-term target could be between $1.05 and $1.88, based on a “cup & handle pattern” in the daily timeframe, but warns of the need for the token to maintain a primary support level. XRP’s Current Market Position: XRP is currently trading at around $0.61, experiencing […]
Litecoin (LTC) whale-price correlation might unleash next rally
In a significant development, the Securities and Exchange Commission (SEC) has charged Payward Inc. and Payward Ventures Inc., collectively known as Kraken, for operating its crypto trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. The SEC alleges that Kraken has unlawfully facilitated the buying and selling of crypto asset securities, amassing […]
The CEO of Binance, Changpeng Zhao, commonly known as CZ, is set to step down from his role from the company as he plead guilty to money laundering violations, according to the Wall Street Journal. Binance, as a company, will also plead guilty and pay $4.3 billion fine. This news arrives in the wake of the conclusion of a […]
Officials with the U.S. Justice Department, Treasury, and CFTC alleged Binance “lacked basic safeguards” to protect against sanctions and Changpeng Zhao committed criminal acts.
Binance founder Changpeng Zhao will reportedly step down as the crypto exchange’s CEO and admit to violating US anti-money laundering laws. Zhao will plead guilty to criminal charges while Binance, the largest crypto exchange in the world, will agree to pay $4.3 billion in fines to US regulators, the Wall Street Journal reports. Citing people […]
Binance, the world’s largest cryptocurrency exchange, is undergoing a significant shift in leadership. CEO Changpeng “CZ” Zhao has expressed his willingness to step down from his role as the company seeks to become a regulated financial institution. This decision comes amid intense regulatory scrutiny from authorities around the world. Richard Teng, a civil servant-turned-crypto executive, […]
The world's largest cryptocurrency exchange has agreed to pay more than $4 billion as part of an agreement with the U.S. government.
In a new technical analysis, crypto analyst Dark Defender has identified a bullish ‘Cup and Handle’ pattern on the XRP daily chart, signaling the potential for substantial gains. The pattern, which is characterized by a ‘cup’ resembling a rounding bottom and a ‘handle’ indicating a slight downward drift, suggests a continuation of an upward trend. […]
A widely followed crypto trader is warning that Bitcoin (BTC) could witness a dramatic correction around the next halving event in 2024. Crypto analyst Rekt Capital tells his 370,300 followers on the social media platform X that Bitcoin could repeat a 2016 price pattern and decline by 40% after a pre-halving rally. The next halving […]
Veteran crypto investor Arthur Cheong says that one altcoin project operating on the Ethereum (ETH) network is set for big moves to the upside. Cheong, the founder of DeFiance Capital, tells his 153,300 followers on the social media platform X that the decentralized finance (DeFi) protocol Synthetix (SNX) could surge by more than 75% from […]
Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct.
TL;DR SEC’s Action Against Kraken: The SEC sued Kraken for operating without proper registration, highlighting compliance issues in the crypto industry. XRP Excluded from Kraken Lawsuit: XRP, Ripple’s token, was not listed in the SEC’s lawsuit against Kraken, though its price saw a minor decline. Ripple’s SEC Lawsuit Progresses: Ripple is engaged in an ongoing […]
There isn’t much supply left for buyers, which could cause supply shock in future
Wintermute Asia Pte. Ltd, the digital asset derivatives trading arm of the Wintermute Group, an algorithmic trading firm in the digital assets space, has executed its first options block trade through CME Group. The BTC/USD block trade, facilitated between Wintermute Asia and TP ICAP, was successfully cleared by ABN AMRO Clearing Bank N.V. Wintermute Asia […]
Bitcoin miners provide a valuable service to the ecosystem. In exchange for the work they do securing the network, they are rewarded by the same network they protect. This sound and elegant design by Satoshi is surely one of the most remarkable aspects of Bitcoin. What is increasingly being forgotten, however, is that there is […]
On-chain data shows that one entity sold off over $23.4 million worth of Bitcoin (BTC) today before reports that the US government was launching new enforcement actions against players in the industry. Spotted by on-chain analytics firm Lookonchain, an unknown Bitcoin address offloaded their entire stack of 636 BTC worth $23.46 million. On the same […]
Binance, the world's largest cryptocurrency exchange, agreed to pay more than $4 billion as part of an agreement with the U.S. government.
The Shiba Inu community has again ramped up its SHIB burning efforts, causing a massive burn rate spike. Despite SHIB’s tumbling price in the past seven days, Shiba Inu’s burn rate has recorded a nearly 48,000% increase. The SHIB community is determined to cut down the Shiba Inu circulating supply, a feat that many believe […]
Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets.
ARK’s modified ETF application shifts from direct to indirect Bitcoin exposure, potentially altering investor expectations and perceptions in crypto finance. SEC advises cash creates for Bitcoin ETFs, impacting issuer plans and investor benefits; Bloomberg’s Balchunas sees 90% approval odds. ARKs Modified Application After much forth and back in the drama that is the eagerly awaited […]
Tether, the world’s largest issuer of stablecoins, made a deposit exceeding $1 billion with a subsidiary of Britannia Financial Group, which is now the center of a legal battle in London’s High Court. Central to the dispute lies a disagreement between Britannia Financial and Arbitral International regarding the sale of a Bahamas brokerage in June […]
Can Binance Coin (BNB) and Cardano (ADA) remain bulliish?
During the peak of the last crypto bull run, as BTC was, in 2021, approaching its $69,000 all-time high, there was, along with plenty of liquidity, and animal spirits running rampant, a prominent driver for the bullish narrative: the belief that the institutions were coming to crypto. This referred to institutional demand for and adoption […]
Macro investor and fund manager Dan Tapiero says that a massive adoption wave of crypto technology is now underway. In a new interview with former Goldman Sachs executive Raoul Pal, Tapiero says that traditional retailers and finance giants are all moving into the digital asset space as a means to improve their business models. He […]