An infamous Russian hacker group claims it has successfully breached the U.S. Federal Reserve. Security researchers say the ransomware group LockBit claims it has accessed 33 terabytes of “juicy banking information containing Americans’ banking secrets.” The group says it’s holding the data hostage, demanding the Federal Reserve pay a bounty to keep the information under wraps. […]
TL;DR The cryptocurrency market is in a state of uncertainty with a bearish trend on lower time frames. The German government sold confiscated Bitcoin, putting additional pressure on the market. Ethereum ETF approval filings could lead to a positive shift in market sentiment. By deeply exploring the analysis contained in the latest Bitfinex Alpha report, […]
TL;DR Mark Cuban’s NFT Sales: Cuban sold part of his digital art collection, including a Pudgy Penguin NFT for over $30,000, while still holding around 1,600 items in his wallet. NFT Market Decline: Global NFT sales dropped significantly in May 2023, with Ethereum and Bitcoin’s NFT markets also experiencing declines, reaching their lowest monthly sales […]
Bitcoin layer-two developer Alex Lab revealed that an investigation linked the North Korea-linked Lazarus Group to the $4.3 million exploit that occurred on May 16. Alex Lab has facilitated communication between the Singapore Police Force and relevant cryptocurrency exchanges as part of the ongoing investigation. Alex Lab Collaborates With Law Enforcement in $4.3M Hack Investigation […]
FTX, the bankrupt cryptocurrency exchange, is set to seek court approval to proceed with a proposed liquidation plan aimed at repaying customers in cash. The plan faces opposition from some customers who argue they are entitled to higher repayments. Criticism over Valuation Methods FTX, which filed for bankruptcy in November 2022, claims it has recovered […]
The Bitcoin Lightning payments app Strike has expanded into the United Kingdom, enabling UK residents to buy, sell, and transfer Bitcoin globally. JUST IN: #Bitcoin lightning payments app Strike launches to millions across the UK 🇬🇧 pic.twitter.com/lIcW6xF7YG — Bitcoin Magazine (@BitcoinMagazine) June 25, 2024 Founded by Jack Mallers, Strike aims to make Bitcoin accessible through […]
XRP price started a recovery wave from the $0.4620 support. The price is now struggling to clear $0.4780 and might restart its decline. XRP price is attempting a recovery wave from the $0.4620 support zone. The price is now trading below $0.4800 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]
TOTAL Market Cap: Hits Last Week’s Prediction: ETF outflows have exceeded $500 million, and over $400 million in crypto longs were liquidated, hitting last week’s market cap prediction. $9 Billion Giant: Mt. Gox’s Potential Impact: Could a $9 billion earthquake be on the horizon? Mt. Gox prepares to potentially offload its Bitcoin, sending ripples through […]
Since February 2023, the Bitcoin MVRV Ratio has dipped below -8.40% on four occasions, each time triggering significant price jumps of 63%, 100%, 92%, and 28%. With Bitcoin currently priced under $60,000 and the MVRV Ratio at -8.96%, this might be an ideal time to buy the dip. Since February 2023, the #Bitcoin MVRV Ratio […]
Prominent Bitcoiner Kiyosaki says he applies Warren Buffett’s strategy to BTC
Global Digital Asset and Cryptocurrency Association Organizes Steering Committee To Propose Disclosure Framework for Digital Asset Tokens. PR Newswire.
The supply of ETH has gradually increased since mid-April, with the Dencun upgrade decreasing competition for block space on the mainnet.
The government of Germany has been spotted moving eight figures worth of Bitcoin to crypto exchanges as BTC attempts a recovery from the $60,000 level. According to blockchain “de-anonymizing” platform Arkham, the Bitcoin wallet belonging to the German government has moved a total of 900 BTC in the last 24 hours. Arkham’s data shows the […]
[PRESS RELEASE – New York City, New York, June 25th, 2024] PlayFi, an AI-powered data network and blockchain tailored for the gaming industry, today announces the launch of the PlayFi Airdrop Platform, which is now officially live. As PlayFi gears up for the launch of its $PLAY token later in 2024, this platform will serve […]
TL;DR Blast Network, a leading Ethereum layer-2 network, is kicking off its token airdrop today, distributing 17% of its total supply to early users who helped build the network’s ecosystem. Users who brought liquidity by bridging Ether or US Dollar Blast (USDB) to the network will receive 7% of the airdrop pool. Another 7% goes […]
B3, the Brazilian stock exchange, is considering extending its native cryptocurrency trading options to offer ether futures contracts to its customers. The exchange, which has been a pioneer in Latam offering crypto-related trading products, would be focusing on institutional investors who want to diversify their traditional or crypto portfolios with more options. Brazilian Stock Exchange […]
Bybit has surpassed Coinbase to become the second-largest cryptocurrency exchange in terms of volume, according to a recent report published by Kaiko. It is now only behind Binance, which dominates the market. Second-Largest Crypto Exchange The report outlined that Bybit’s market share surged from 8 percent in October 2023 to 16 percent in June 2024, […]
The German government has transferred millions in seized Bitcoin to major Bitcoin and crypto exchanges Kraken and Coinbase, according to blockchain analysis firm Arkham. The transfers originated from a wallet connected to the German Federal Criminal Police Office (BKA). In 2013, the BKA seized almost 50,000 Bitcoin, from a film piracy website. On Tuesday, the […]
BNB price started a recovery wave from the $550 support. The price is now consolidating and facing hurdles near the $585 and $592 levels. BNB price started a decent upward move from the $550 support zone. The price is now trading above $575 and the 100-hourly simple moving average. There is a short-term rising channel […]
Is it over for SHIB? Epic one trillion Shiba Inu transfer hits Binance amid chaos on crypto market
FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan.
Bitcoin (BTC) is at risk of witnessing more corrections as it is on the verge of hitting a “top-heavy” zone, says a popular on-chain analyst. The pseudonymous crypto trader known as Checkmate tells his 94,500 followers on the social media platform X that top-heavy zones happen when “too many people buy too many coins at […]
Gary Gensler sat down with Bloomberg Invest earlier this week to discuss hedge funds and the ever-evolving crypto landscape. Gensler was prompted to comment on Trump making crypto a significant election topic, however refused to make a definitive statement. The head of the SEC also noted that the Ethereum ETF approval process was operating smoothly, […]
AI-related cryptocurrency tokens such as Fetch.ai ($FET), SingularityNET ($AGIX), and Injective ($INJ) have performed exceptionally well over the past day, despite a notable 6.6% drop in Nvidia’s stock. Nvidia, a leader in AI technology, experienced an 11.08% decline over the past five days due to concerns about executive stock sales. However, this has not deterred […]
Here are three latest cryptocurrency coins dips that an investor must purchase to double it's profits in the near future.
The lawsuit between Ripple Labs and the US Securities and Exchange Commission started all the way back in 2020 and is currently in its trial phase. There’s no telling when it might end and who the winner would be, even though Ripple had scored a few victories before the trial started. The main objective of […]
Injective (INJ), a project known for its cross-chain derivatives protocol, is grabbing headlines after crypto analyst Javon Marks released a bullish prediction. Marks, a popular figure in the crypto space, believes INJ is poised for a “monstrous rally” towards a staggering $380 target. This optimistic outlook comes amidst a generally volatile cryptocurrency market, leaving investors […]
TL;DR Swarm Markets Launches Gold-Backed NFTs, Transforming Traditional Investments. NFTs allow ownership of physical gold stored in a Brink’s vault in London. Swarm Markets ensures compliance with KYC, AML and the upcoming MiCA law. Swarm Markets has taken a revolutionary step in the world of investing by introducing the first gold-backed NFTs. This Berlin-based platform […]
TL;DR DePin tokens have seen an increase of 7.49% in the last 24 hours, standing out as the crypto market faces declines. Arweave, Render and Akash Network lead sector rally with double-digit gains. Trading volume has increased by 67% in the DePin sector, reflecting growing interest among cryptocurrency traders. In a context of widespread volatility […]
Julian Assange, the founder of Wikileaks, has finally embarked on his journey to freedom. The actual flight, however, comes with a hefty price tag of $520,000, which Assange is obligated to repay to the Australian government for the charter flight to Saipan and onward to Australia. After enduring 14 years of detention, including five years […]
Michael Kane and Shane Hampton have received jail terms for manipulating the price of a cryptocurrency of their company, Hydrogen Technologies, with wash and spoof trading, thus defrauding investors. Jail For Market Manipulation According to the announcement by the Department of Justice yesterday (Tuesday), Kane, co-founder and CEO of the company, received three years and […]
Nu Holdings, known as Nubank, Latin America’s largest fintech bank, has partnered with Lightspark to integrate the Bitcoin Lightning Network and UMA (Universal Money Addresses) into its platform. This collaboration aims to enhance Nubank’s services by enabling near real-time, low-cost Bitcoin and fiat transactions, according to a press release sent to Bitcoin Magazine. I’m thrilled that […]