A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it’s no longer just for “tech enthusiasts.”
The lack of regulation for cryptocurrency transactions has led to significant loss of tax revenue for the government in Kenya. ADVERTISEMENT …
Security researchers say a newly discovered piece of malicious software designed to drain bank accounts has hit 13,000 people. Experts at the cybersecurity firm Zimperium say a new variant of a trojan called TrickMo is infecting Android devices through phishing and social engineering attacks, often disguising itself as legitimate-looking banking and utility apps. Zimperium, which […]
Asset management titan BlackRock is reportedly in talks with numerous crypto exchange platforms about using its proprietary token BUIDL as collateral for derivatives contracts. According to a new report by Bloomberg, anonymous people familiar with the matter say the world’s largest asset manager is exploring the idea of utilizing BUIDL – the crypto asset related […]
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity […]
Can traders expect price blast from Ethereum (ETH) by end of week?
The Bitcoin price and the bull run appear to be back on the right track after recording its best weekly performance in the past month. Despite starting the week quietly and hovering around the $63,000 level, the premier cryptocurrency received fresh bullish momentum mid-week, pushing its value to almost $69,000 on Friday. The latest on-chain […]
The unknown crypto trader only invested $3,000 into a new Solana-based memecoin before its price rally.
Renowned for his spot-on market predictions, a top stock analyst has recently ventured into the crypto sector. Over the weekend, he made a significant move with an XRP buy, a blockchain-based digital payment token he believes is on the brink of a major bull run. He also foresees a 3,200% surge for WLTQ, a viral […]
JPMorgan Chase refused to reimburse a customer for more than a year after the bank’s own employee drained $30,000 from the account, according to a new report. Criminal warrants show former Chase employee Robert Murphy allegedly initiated a massive, fraudulent wire transfer, reports the ABC-affiliated news station WSB-TV. Murphy, who was an investment advisor at […]
The decentralized finance (DeFi) platform Radiant Capital (RDNT) is working with US law enforcement to freeze stolen assets after suffering a $50 million hack earlier this week. Hackers cracked multiple developers’ hardware wallets “through a highly advanced malware injection,” according to a post-mortem published by Radiant. “The devices were compromised in such a way that […]
The majority of established cryptocurrencies share something in common– they all passed through an initial coin offering or presale phase where …
Los Angeles, USA, October 19th, 2024, Chainwire $DOG of Bitcoin announces the release of its limited-edition $DOG Plushie, set to launch on October 19, 2024, an occasion now being called “$DOGTOBER 19.” These collectible plush toys provide fans and newcomers with a tangible connection to the $DOG ecosystem, bridging the digital world of cryptocurrency with […]
Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act before prices […]
Bitcoin whales buying aggressively
In a bullish trading week, Ethereum (ETH) surged by over 8% as its market price returned above the $2,600 price mark. However, amidst this rally, certain market developments have occurred which raises questions over Ethereum’s future price movements. 50,000 ETH Flow Into Derivative Exchange – Price To Rise Or Fall? In a Quicktake post on […]
Concerns increased over Tigran Gambaryan’s well-being on Oct. 18 after his illness prevented him from appearing in court.
A US judge sentenced a crypto fraudster to five years in prison over charges stemming from a $20 million scheme involving a fake Coinbase website. Chirag Tomar, an Indian national, facilitated a “spoofing” con that involved setting up a deceptive URL, CoinbasePro.Com, and creating a fraudulent webpage designed to mimic the popular crypto exchange’s site, […]
The US Department of Justice says it’s apprehended six men accused of stealing over $400,000 from ATMs in New York. The men allegedly used a device to infect the New York ATMs with malware, forcing them to dispense all the cash they contain in a relatively short period of time in a scheme known as […]
Seeking to boost support among Black male voters, the campaign of the Democratic Party presidential nominee Kamala Harris released an outreach agenda this week—which included a promise for cryptocurrency regulation to protect Black men who invest in digital assets. It was the most concrete statement to date from the current Vice President, whose truncated campaign—since […]
As cryptos and blockchain technology solidify their place in the mainstream, the spotlight turns to the premier tools that simplify and secure the journey. Uniswap Wallet has long been a frontrunner, beloved for its user-friendly features. Yet, the less publicized Plus Wallet is gaining traction, praised for its exceptional security and user-friendly design. More than […]
We recently published a list of 7 Most Profitable Cryptocurrency Stocks To Invest In. In this article, we are going to take a look at where Bit …
Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans to file a cross-appeal, as both parties brace for a prolonged legal […]
Saylor’s message has subtle warning for crypto holders
Before his indictment on criminal charges, NYC Mayor Eric Adams promised to turn the city into a major crypto hub.
A top cryptocurrency analyst and trader believes Dogecoin (DOGE) could print a new all-time high this cycle. Pseudonymous analyst DonAlt tells his 591,700 followers on the social media platform X that the memecoin may surge more than 624% from its current value. “This is the chart for my thesis. I bought $0.12ish and think it […]
Solana (SOL) has been experiencing significant volatility and choppy price action since Monday, testing a crucial supply level that will determine its direction in the coming weeks. As the market continues to push higher, most analysts and investors are anticipating a potential surge for SOL, especially with the $160 resistance level appearing to weaken under […]
Brad Garlinghouse, CEO of Ripple, a payments and cryptocurrency service provider, praised the state of cryptocurrency regulation in Brazil.
A crypto-skeptic US Federal Reserve governor says technology advances associated with decentralized finance (DeFi) could complement its centralized finance counterpart. In a speech earlier this week in Vienna, Austria, Fed Governor Christopher J. Waller said DeFi tech could lead to efficiency gains, though he also stressed the value of centralized financial markets. “It is easy […]
This week, Solana saw a mix of highs and lows across its ecosystem, with its native token SOL dipping 1.61% to $141.85. Despite the slight decline, the DeFi space on Solana continues to grow, with the total value locked (TVL) in decentralized finance surging to $5.41 billion. However, the overall ecosystem market cap took a […]
TL:DR; The largest meme coin has been on a roll lately, perhaps fueled by the most recent engagement by Tesla’s CEO, Elon Musk. The question arises whether DOGE could skyrocket to the coveted $1 level if Musk indeed takes a role under a potential Donald Trump administration. DOGE to $1? As mentioned multiple times in […]
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital currency could offer new avenues for trade and reduce reliance on […]