A closely followed crypto analyst says it’s time for altcoins to rally and predicts that one blue-chip memecoin will be a major beneficiary. Pseudonymous analyst Rekt Capital tells his 461,000 followers on the social media platform X that the OTHERS chart, which tracks the market cap of all cryptocurrencies excluding the 10 largest digital assets, […]
Sui Network is addressing “misleading” posts about its token supply being unfavorable to retail investors. In a post on the social media platform X, Sui Network says that third-party custodians safeguard locked SUI tokens, and they cannot be moved until they are unlocked according to the project’s token emission schedule. Sui Network also clarifies that […]
TL;DR Vitalik Buterin shows interest in Fully Homomorphic Encryption (FHE), a revolutionary encryption technique. The resurgence of FHE has sparked discussions about its potential applications in data security and privacy. FHE faces challenges such as computational cost and security optimization, but Vitalik’s endorsement highlights its importance for the future of data security. Vitalik Buterin, known […]
TL;DR Investment Over Luxury: Contrary to popular belief, Americans are investing their crypto gains in assets like real estate rather than spending on luxury items. Wealth Effect Analysis: Researchers, including Darren Aiello and Noelle Acheson, found that crypto gains are being used similarly to traditional equity investments, influencing a surge in housing markets. Spending Patterns: […]
The Bitcoin network processed its one-billionth transaction over the weekend, 15 years after the network launched in January 2009. It’s likely Bitcoin’s next billion transactions will come much faster as transaction volume increases due to the introduction of new technologies like ordinals and Runes protocol. Just prior to the billionth transaction, a long-dormant Bitcoin wallet […]
The SEC issued a Wells Notice to Robinhood over alleged securities law violations regarding digital asset trades. Robinhood’s management disputes the assets are securities and is prepared to contest the SEC’s potential legal actions. Former SEC Commissioner Dan Gallagher, now Robinhood’s CLO, argues that the crypto assets listed are not securities. An all too familiar […]
Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers can utilize digital assets and the associated technology. Leveraging […]
Stablecoins gaining more volume and might beat Visa, but there’s catch
Here are the top three trending cryptocurrency coins for investors and explorers to secure fast, rapid profits from!
A little under a year ago, I announced on Twitter the idea of the Bitcoin Script Project. To say it was well received would be an understatement. Bitcoiners were craving something they could hang onto in the middle of the bear. Glimmers of hope were on the horizon and I intended to magnify those and […]
Crypto enthusiasts and experts often keep an eye out for huge on-chain transactions due to the significance they can have on price action. Whale activity is usually a key indicator for price movements, and the recent movement of 5 trillion Shiba Inu (SHIB) tokens could foreshadow potential market movements. While observers ponder on the potential […]
In recent weeks, Ethereum has displayed subtle signs of recovery amidst a generally bearish crypto market, with the altcoin mimicking Bitcoin’s modest uptrend. Despite Ethereum’s price increasing slightly by 0.2% over the last 24 hours, a parallel trend that might significantly affect Ethereum’s economic model has been unfolding beneath the surface. Decline In Network Activity […]
The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research.
Bitfinex chief technology officer Paolo Ardoino is rejecting rumors that the crypto exchange was a victim of a database exploit last month. Ardoino, who also serves as Tether’s chief executive, says on the social media platform X that the database breach appears fake and that users’ funds are safe. According to Ardoino, the details of the […]
BitMEX co-founder Arthur Hayes just added about $500,000 to his seven-figure position in one decentralized finance (DeFi) altcoin project, according to on-chain data. According to the Ethereum (ETH) block explorer Etherscan, Hayes has purchased more than 98,560 Pendle (PENDLE) tokens, a project that allows users to tokenize and sell future yields. He made the transaction […]
Bitcoin’s price was on a roll for a few days and tapped a local peak of over $65,500 yesterday but was pushed down immediately by over two grand. The altcoins are also deep in the red today, with DOGE, SHIB, and AVAX among the poorest performers from the larger caps. BTC Stopped at $65.5K The […]
TL;DR Bitcoin Runes Launch: A new protocol called Bitcoin Runes, introduced by Casey Rodarmor, has surpassed Bitcoin (BTC), Ordinals, and BRC-20 in daily transactions. Launched on April 20, 2024, it’s considered the most significant update since Ordinals. Transaction Dominance and Recovery: Runes quickly dominated Bitcoin network transactions, peaking at 81.3% on April 23. Despite a […]
Payment giant Visa has teamed up with Allium Labs to analyse the origins of stablecoin transactions across the crypto industry. The report found that less than 10% of trades were “organic”, meaning that bots still dominate the DeFi sector. Experts believe that true mainstream adoption of stablecoins may still be the path forward, however the […]
Bitcoin recovered to above US$63K after a significant drop, with current market conditions described as the most volatile since November 2022. The Exchange Whale Ratio has spiked, indicating that whales may be preparing to sell, contributing to the market’s bearish trends. The STH-MVRV ratio is below one, suggesting reduced selling pressure and potential market recovery, […]
Gala (GALA), the token powering the Gala Games ecosystem, has been making some serious moves in the past week. GALA has soared 13% over the last seven days – and now one popular analyst is claiming that the token could realistically double from here. Analyst Predicts GALA Could Double as Technicals Strengthen It’s been a […]
Shiba Inu (SHIB) burn rate tops 4,085% amid mild price rebound
In the captivating world of cryptocurrency, Solana (SOL), a prominent digital currency, is making headlines. In a robust upward trajectory, …
You know how the dodo bird became extinct? It became too fat to fly. In fact, the name ‘dodo’ likely originated from the Portuguese word, ‘simpleton’. The dodo bird lived very comfortably for much of its existence on an isolated island that lacked any natural predators. Over time the dodo bird grew bigger, and its […]
The U.S. Securities and Exchange Commission (SEC) has alerted Robinhood Crypto that the regulatory agency will soon be pursuing legal action against the trading platform. According to an 8-K Filing submitted over the weekend, Robinhood’s crypto trading arm, Robinhood Crypto, has received a Wells Notice from the SEC. A Wells Notice is a warning issued by the SEC that […]
Kraken has unveiled its latest strategic move aimed at bolstering its presence in the European market. The company has announced a new partnership designed to facilitate the expansion of its product offerings in Germany, a pivotal market in the region for crypto adoption. Forging Partnership to Enhance Crypto Services in Germany Scheduled to commence around […]
An analyst has explained how Bitcoin seems to be showing a good setup to reach escape velocity based on the trend in this indicator. Bitcoin VWAP Oscillator Has Been Showing A Bullish Divergence As explained by analyst Willy Woo in a new post on X, a bullish divergence has appeared to be forming in the […]
The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens.
Both Ondo (ONDO) and Polygon (MATIC) recently established far more strategic partnerships and collaborations in order to expand their ecosystem and contribute towards further developments and updates to it. This could lead to an upswing in their value in the long-term. Similarly, KangaMoon (KANG) is surging upwards on the charts and could reach new levels […]
Stablecoin issuer Tether is working with blockchain analysis firm Chainalysis to develop a solution for monitoring transactions involving entities beyond those that directly buy and sell USDT. In a statement, Tether says the customizable solution for monitoring secondary market activities will offer an enhanced understanding and oversight of the USDT market. The company says compliance […]
A widely followed crypto analyst believes one Ethereum (ETH)-based decentralized finance (DeFi) token is being set up for a large rally. According to pseudonymous trader The Flow Horse, the governance token of Ethena (ENA) is one of many new altcoins presenting opportunities, but requires patience for payoff. “There are a couple pairs that I am eyeing that are […]
Robinhood Markets Inc. has become the next crypto trading platform to receive a threat of legal action from the Securities and Exchange Commission (SEC), adding to the sizable list of industry giants on the agency’s hit list. In a Form 8-K filed on Saturday, the company said it received a Wells Notice from the SEC […]
Casa helps people store bitcoin and other digital assets by empowering them to own, secure, and manage their private keys safely and easily. Founded in 2016, the company helps its members take self-custody of their assets with multi-key vaults for greater protection against single points of failure, such as hacks, theft, and accidents. Nick Neuman […]