Ben Zhou, CEO of cryptocurrency exchange Bybit, has addressed circulating rumors about the platform’s hacking and insolvency. He denied all insolvency rumors and shared evidence of Bybit’s financial holdings and crypto assets. Bybit CEO Shares Proof-of-Reserves In a May 23 X post, Zhou denied the allegations, asserting that they have no factual basis. “None of […]

Bitcoin reached highs of $71,980 before encountering resistance

B2C2, a provider of institutional liquidity for digital assets, has announced a partnership with Swissquote, an online banking and financial services provider based in Switzerland. Swissquote has developed Swissquote Exchange (SQX), a central limit order book that offers deep liquidity and a secure environment for trading cryptocurrencies. Cryptocurrency Offerings and Liquidity with Integration Users of […]

BlockDAG’s 33rd Development Release introduces crucial advancements by integrating SHA-3 hashing and off-chain data solutions, enhancing both security and efficiency. With the presale achieving significant milestones—nearly 6,000 miners sold and the coin price at $0.0085—BlockDAG continues to impress investors with its eco-friendly platform and simplified blockchain engagement tools. Introduction to BlockDAG and Its Innovations BlockDAG […]

Cryptocurrency price on May 23 quick take: The global market cap dipped to $2.58 trillion.

Bitcoin is fast-dropping, looking at price action in the daily chart. Even after the impressive spike above $71,500 early this week, there needs to be a conclusive follow-through for optimistic bulls. Despite this correction, one analyst strongly believes Bitcoin will rally sharply, reaching $80,000 by the end of the month.   Will Bitcoin Hit $80,000 By […]

VanEck launched a new ad centered around Ethereum, just 30 minutes after the SEC greenlit 19b-4 proposals for spot Ether ETFs.

The co-founder of Gala (GALA), Eric Schiermeyer, is revealing the genesis of an exploit that led to the loss of crypto assets worth millions of dollars on the blockchain-based gaming platform. Schiermeyer says that a security incident triggered the “unauthorized SALE of 600 million ($21 million) GALA tokens and the effective BURN of 4.4 billion […]

TL;DR The decision on the approval of the Ethereum ETF is imminent, with expectations of a significant impact on the market. Large financial firms, including BlackRock, have adjusted their ETF filings with the SEC, suggesting a high likelihood of approval. An investment idea is proposed that reflects confidence in the approval of the Ethereum ETF […]

The Financial Innovation and Technology for the 21st Century Act (FIT21) passed the US House, marking the first time a major crypto bill has passed either chamber of the US Congress. President Joe Biden has said that although he doesn’t support the bill he would not veto it if it were to be passed by […]

AIOZ Network has partnered with Nvidia, becoming the first DePIN company in Nvidia’s Accelerated Applications Catalog. The partnership is set to leverage Nvidia’s vast customer base to boost AIOZ’s Web3 AI computation, data storage, and streaming services. Despite a recent price rise, AIOZ is still below its all-time high, yet remains a recommended investment for […]

Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the landmark Financial Innovation and Technology for the 21st Century Act (FIT21) crypto bill, despite opposition from the White House and SEC Chairman Gary Gensler. ‘We […]

Gabor Gurbacs comments on staggering Bitcoin price increase that occurred over past 10 years

The US securities regulator has approved proposals from Nasdaq, Cboe, and NYSE to list ether exchange-traded fund (ETF), marking a major regulatory win in the cryptocurrency space. Recently, the US Securities and Exchange Commission (SEC) sent a positive signal regarding Ether exchange-traded funds (ETFs), sparking a surge in Ether prices. Optimism about the SEC’s approval […]

All eyes in the cryptocurrency community are set on the US Securities and Exchange Commission and its upcoming decision about VanEck’s Ethereum ETF application. As it happened earlier this year when Bitcoin was in focus, the pre-decision volatility has already started with notable price declines for the top assets. CryptoPotato reported on Monday the positive […]

Analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) amid a double-digit rise in the flagship crypto asset’s price over the past seven days. Svenson tells his 78,400 YouTube subscribers that Bitcoin is on a parabolic trend that started in the fourth quarter of 2023 and could rally to a target of […]

A closely followed crypto strategist believes that a top Ethereum (ETH) rival could go on an explosive rally of more than 230%. Pseudonymous analyst Inmortal tells his 213,800 followers on the social media platform X that Solana (SOL) could reach a new all-time high (ATH) by the end of the summer. “1. New ATH by […]

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Ethereum price started a consolidation phase above the $3,650 support. ETH seems to be preparing for the next move up toward $4,000 in the near term. Ethereum started a consolidation after it tested the $3,840 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle […]

AGI could potentially solve some of humanity’s most pressing concerns down the line, according to Baidu’s co-founder.

Competition in the crypto industry has been on the rise, as new projects are constantly being created to challenge the existing ones. The new entrant of interest is DTX Exchange, which has the potential to rival the top altcoins like Solana and Bonk. Due to the innovation incorporated in DTX Exchange, many analysts have recommended […]

TL;DR Uniswap Labs has responded to the SEC’s Wells notice, arguing that the regulator’s legal foundations are “weak” and do not justify a lawsuit. 65% of your transactions involve assets that the SEC does not consider securities, and 75% of its users  are outside the US. The SEC must stop wasting public resources in unfounded […]

Ethereum ETF decision to land overnight US Legislators in favour of a crypto regulation.  Altcoin analysis: BONK, ONDO Hands down, one of the most interesting weeks in Crypto for 2024. With the odds of Ethereum ETF approval jumping significantly, it has been an eventful week for the digital asset industry, with the Ethereum Exchange Traded […]

Speculation about an imminent Spot Ethereum ETF approval boosted Ethereum’s price over 20%. Increasing interest in ETH futures is evident, with more buy orders noted in the perpetual futures market. Ethereum Layer-2 solutions like Arbitrum and Base are rapidly growing, adding millions of users weekly. Rumours around Spot Ethereum exchange-traded funds possibly being approved as […]

South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s case against the masterminds of Mirror Trading International. MTI Directors May Face Charges Under the Prevention of Organized Crime Act South Africa’s […]

BONK has surged by over 35% in price, pushing its market value to impressive $2 billion

An early buyer of a top-30 memecoin by market capitalization has turned a few hundred dollars into millions within a period of a little over a year. According to blockchain tracker Lookonchain, the trader acquired billions of the Pepe (PEPE) memecoin days after it publicly launched. The trader then sold 42 billion Pepe tokens on […]

Closely followed economist Alex Krüger believes approval of a spot Ethereum (ETH) exchange-traded fund (ETF) could quickly send the top altcoin to new all-time highs (ATHs). In a new Unchained “Bits + Bips” podcast, Krüger says the market has yet to price in a spot ETH ETF approval. He predicts an approval will send Ethereum […]

Radix, the “full-stack” Layer 1 network, has prepared for a significant surge in the DeFi sector. Since upgrading its network with smart contract capabilities via the Radix Babylon Mainnet Upgrade six months ago, Radix has witnessed a substantial increase in its total value locked (TVL), setting the stage for an impactful year in 2024. The […]

Cryptocurrency's disruptive financial value has still not allowed it to escape the reputation of being complicated to use, despite a rise in …

XRP price started a fresh decline after it failed near $0.5570. The price is now correcting gains and might decline heavily if it breaks the 100-hourly SMA. XRP struggled near the $0.5570 zone and trimmed gains. The price is now trading below $0.5350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend […]

Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?