TL;DR Lazarus Group, a North Korean cybercrime group, is believed to be behind the $1.4 billion theft from Bybit, marking one of the largest cryptocurrency hacks to date. Investigations suggest that the stolen funds are likely to be laundered through “mixers”, making it more difficult to trace transactions and potentially hindering recovery efforts. Bybit is […]
TL;DR The outflow from digital asset investment products reached $508 million last week, totaling $924 million over the last two weeks. Bitcoin was the hardest hit asset, with $571 million in outflows, while some investors took short positions. While the U.S. market saw a significant outflow, Europe, especially Germany and Switzerland, experienced significant inflows. The […]
Current market trends indicate that Ethereum ($ETH) is experiencing a surge in investor interest as sentiment pivots away from Bitcoin ($BTC) in the near term. Primary metrics like the taker buy-sell ratio and cost basis distribution (CBD) are now painting a more favorable picture for Ethereum relative to Bitcoin. These developments are not going unnoticed […]
Peter Schiff predicts bankruptcy for Bitcoin Strategy of Michael Saylor
Bitcoin (BTC), the world’s leading cryptocurrency, has taken a significant hit, dropping below $91,000 as of February 25, 2025. From macroeconomic uncertainties to market-specific dynamics, several factors are contributing to why Bitcoin is falling and why its price is down today. In this article, we’ll break down the latest insights and explore the reasons behind […]
Authorities said the scammers instructed the victim to use a Coin Star machine to send Litecoin, a cryptocurrency to the suspects. State police …
Expert analysts at Bernstein, a top research and brokerage firm, have opined that the larger crypto market is set to move away from pure meme coins and back to segments with real utility. These include gaming, DeFi, and NFTs. Another interesting prediction from them comes in the form of a target for Bitcoin. They believe […]
The cryptocurrency market plunged on Feb. 25, 2025, with altcoins suffering outsized losses amid economic uncertainty fueled by President Donald Trump’s tariff policies. At press time, the crypto economy stands at $2.91 trillion, down more than 6% over the last day. Crypto Market Tumbles: Altcoins Face Steep Declines The crypto market’s total capitalization fell by […]
Bitcoin risks over $1 billion in long liquidations below $85,000, as significant volatility may signal a retest of the $81,000 support.
The Lazarus Group has laundered stolen crypto from last week’s record-shattering Bybit hack through the exchange eXch, according to the blockchain research firm Elliptic. Hackers looted nearly $1.5 billion worth of Ethereum (ETH) and Lido Staked Ether (stETH) from Bybit on Friday. The attack represented the largest crypto hack ever and possibly the biggest heist […]
Despite the broader crypto market’s struggles, new projects like Soneium are seeing success and adoption. Soneium, developed by Sony, has quickly risen the DeFi ranks and now sits among the top 60 blockchain networks by total value locked (TVL). Soneium’s Conquest campaign has contributed to its recent success by incentivising user engagement and adoption. The […]
According to Santiment, Bitcoin (BTC), Raydium (RAY), and Frax (FRAX) are currently at the center of social media discussions. Much of the growing discourse is focused on market volatility and governance changes within the crypto ecosystem. The Top 3 Trending Tokens Santiment’s February 25 report reveals that BTC is getting attention due to a recent […]
Key Takeaways: The SEC’s Crypto Task Force is actively meeting with key players in the crypto space. The dialogue revolves around revisiting previous regulations for crypto and establishing clear parameters. The SEC is likely to introduce a regulatory sandbox for crypto projects. The U.S. Securities and Exchange Commission (SEC) has been seen by many in the crypto […]
Crypto liquidations top $1.34 billion as Bybit sell-off continues
Riot Platforms, the publicly listed Bitcoin (BTC) miner from Wall Street (NASDAQ: RIOT), announced record financial results for 2024, reporting $376.7 million in total revenue and $109.4 million in net income. The results come despite facing significant industry headwinds including Bitcoin’s halving and a substantial increase in hash rate or global competition. Wall Street Bitcoin […]
Many young Indians are dabbling in crypto trading to supplement their regular income in the world's most populous country where jobs and pay …
XRP is establishing new trading patterns against Bitcoin, and traders are closely monitoring a potential shift in market dynamics. XRP has exhibited remarkable strength over a lengthier timeframe, with a 31% gain against Bitcoin during the past month, despite a 15% decline in the past week. Analysts are in disagreement as to what may occur […]
Binance founder Changpeng Zhao (CZ) has revealed the breakdown of his crypto investment portfolio, showing one asset is by far his largest holding. According to a new post on Binance Square, 98.48% of Zhao’s crypto portfolio is in BNB, the native asset of Binance. His portfolio also consists of 1.32% Bitcoin (BTC) as well as […]
An analyst known for correctly timing the 2021 crypto crash is warning that Bitcoin (BTC) is getting close to witnessing a waterfall event. Pseudonymous analyst Dave the Wave tells his 148,300 followers on the social media platform X that Bitcoin is currently testing whether support at around $90,000 will hold. According to the crypto strategist, […]
TL;DR Ethena Foundation raised $100 million in a private sale of ENA tokens with investors such as Franklin Templeton and Polychain. The funds will finance a new blockchain and the launch of iUSDe, a token designed for financial institutions. iUSDe aims to adapt the USDe model to regulated markets through programmable transfer restrictions. Ethena Foundation […]
For the first time since September 2022, Bitcoin’s demand seems to have diminished, and this recent development signals a shift in market sentiment. Fresh data from Glassnode shows that exchange inflow volumes have dropped sharply, which is usually a sign that on-chain activity is also dropping. Lower on-chain activity generally means lower network utilization, and […]
A recent study reveals significant cryptocurrency adoption and optimism in Australia, with nearly a third of Australians having owned crypto and a majority believing in its future acceptance. Close to 60% of Users Report Profits Nearly a third (32.5%) of Australians have now owned cryptocurrency, while 42.9% “believe crypto will be widely accepted in the […]
Bitcoin fell below $90,000 for the first time since November 2024 as ETF outflows continued, crypto liquidations surpassed $1.3 billion and US-China trade tensions weighed on investor sentiment.
Many cryptocurrencies have erased all the gains accumulated since the 2024 United States Presidential Election, with meme coins particularly affected, according to IntoTheBlock. In a recent tweet, the analytics firm highlighted that the meme coin market capitalization is nearing its November 2024 levels. Such a trend effectively depicted the undoing of the surge witnessed during […]
Crypto asset management firm CoinShares says institutional whales pulled hundreds of millions of dollars out of crypto investment vehicles last week. According to CoinShares’ latest Digital Asset Fund Flows Weekly Report, last month’s US presidential inauguration had a negative impact on investor sentiment last week. “Digital asset investment products saw outflows totaling US$508m last week, […]
HodlX Guest Post Submit Your Post Today, the cryptocurrency market resembles a theatrical performance in which insiders write the script and unsuspecting retail investors play the roles of the extras. While altcoins are falling, meme coins turn into minefields and liquidity remains locked in exchange-traded funds (ETFs), institutions are accumulating Bitcoin but aren’t injecting free […]
The disgraced crypto mogul has posted on X for the first time in two years
Crypto exchange OKX has pleaded guilty and settled with the US Justice Department by paying more than $504 million for offering services to US-based clients without obtaining a money transmitter licence. The settlement was made with Seychelles-based Aux Cayes Fintech, which operates as OKX. A Heavy Price for Operating Illegally in the US According to […]
The Loudoun County Sheriff's Office recovered more than $1 million in cryptocurrency stolen in a scam — one of the largest seizures of its kind.
Bitcoin (BTC) has dropped below $95,000 and risks a further decline amid the ongoing market retrace. As February comes to an end, some analysts consider the flagship crypto needs to reclaim some crucial levels to continue its bullish long-term trend. Bitcoin Sees Monday Bleeding Over the past three days, Bitcoin has seen its price drop […]
Large hedge funds playing the ETF arbitrage game are starting to unwind their positions, putting more selling pressure on Bitcoin, says BitMEX co-founder Arthur Hayes.
The launch of the $1 billion bitcoin treasury by Rezolve Ai starting with an initial $100 million investment, aims to support its AI-powered crypto payment platform in collaboration with Tether. The initiative aims to accelerate the mainstream adoption of bitcoin and digital payments in retail commerce. Rezolve Ai Bets Big on Bitcoin With Billion Dollar […]