The cross-chain bridge was exploited for $82 million over New Year’s Eve, with the funds sitting dormant since Jan. 1.
Bloomberg ETF analyst, James Seyffart, says he believes the SEC’s decision to approve the Ethereum ETFs was politically motivated and lacked transparency. The analyst says the SEC intentionally used a decision making process called delegated authority in an attempt to limit public knowledge of the decision-making process. Seyffart called on members of the public to […]
Despite high hopes, the US has yet to cut interest rates in 2024, while Canada and the EU have already initiated reductions. Arthur Hayes views the pre-emptive rate cuts by the ECB and Canada as a signal for a quicker global shift towards more accommodative monetary policies. Hayes advocates for investing in Bitcoin and high-conviction […]
Tech billionaire Elon Musk has stirred crypto community’s excitement with his new tweet, particularly of DOGE and XRP fans
Rencom Network ($RNT) made waves today as its value skyrocketed by an astonishing 200%, reclaiming a market cap exceeding $1 million. This surge in value caught the attention of investors and traders alike, highlighting the potential for significant gains within the crypto market. According to data from Lookonchain, a trader ventured into the world of […]
Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the …
The Chainlink (LINK) market is abuzz with chatter after a popular cryptocurrency analyst issued a bearish forecast. In a recent analysis, CryptoWzrd predicted a continued downward trend for LINK in the coming days, but also hinted at a potential “scalping” opportunity for nimble traders. Scalping refers to a high-frequency trading strategy where investors capitalize on […]
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months.
Bitcoin’s price has been having difficulty approaching its all-time high of $75K and is still consolidating. On Friday, the cryptocurrency tanked below $70K, and if the current level supporting the price breaks down, an even deeper correction could be expected. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been […]
The African Development Bank (ADB) and Intel have announced a significant partnership to train three million Africans and 30,000 government officials in advanced artificial intelligence (AI) skills. According to the ADB, this training is expected to revolutionize the African digital ecosystem and contribute to economic growth. The program will tackle socio-economic challenges and enhance productivity […]
The Attorney General of New York is suing two crypto firms for their alleged role in a $1 billion pyramid scheme. In a new press release, New York AG Letitia James announces a lawsuit against crypto exchange NovaTech and crypto mining company AWS Mining for allegedly defrauding hundreds of thousands of customers, 11,000 of which […]
Will ‘sleeping giant’ rally in June?
Before the June 7 price decline, Bitcoin’s volatility over the previous 15 days was within “the bottom 6% of occurrences.”
A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages.
Daily active addresses on the Litecoin blockchain have seen a drastic uptick despite days of uninteresting price action. The substantial rise in active Litecoin addresses and overall interest suggests a price rally could be on the horizon. Litecoin’s price movement has generally been left behind in the past month, with the cryptocurrency struggling to retain […]
A significant player in the crypto market recently made waves by opening a sizable position in $ENA, acquiring 5.11 million tokens at an average price of $0.9804 just three days ago. However, in a surprising move, this whale or institution swiftly recharged all tokens to Binance a mere eight hours ago, with a total value […]
Following weeks of consolidation, Ripple’s price is finally showing signs of beginning a significant move. However, this is not good news, as the anticipated move seems to be bearish. By TradingRage The USDT Paired Chart Against USDT, XRP has been consolidating inside a symmetrical triangle pattern over the last couple of months since dropping below […]
A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages. Stakeholders can prevent these activities from becoming widespread through timely and measured responses. Data from the same study indicate a surge in tokens featuring AI-related keywords such as GPT, Openai and Bard. Approximately 4,500 […]
New data from market intelligence firm DappRadar reveals that the total value locked (TVL) within the decentralized finance (DeFi) sector has skyrocketed to the highest level in 15 months. In a new blog post, DappRadar notes that DeFi’s TVL has reached $192 billion, a 17% rise from the previous month and the best it has […]
Initially introduced in March, the proposal was approved on June 7, with over 75% of votes in favor.
… cryptocurrency. The increase in both small and large transactions … cryptocurrency market. The data underscores a shift in user behavior …
Toncoin (TON) has been one of the best-performing crypto assets in recent times, gaining by over 221% since the start of 2024. The Telegram-integrated token has particularly caught the attention of many investors, after securing a spot in the top 10 cryptocurrencies according to market cap. However, amidst TON’s purple patch, a certain technical indicator […]
CoinGecko is warning its users to be cautious when opening emails after the cryptocurrency data aggregator experienced a security breach through its third-party email platform. In a statement, CoinGecko says that on June 5th, it detected unusual activity on its email marketing platform, GetResponse. The firm later received confirmation that an attacker obtained and used […]
Crypto exchange Binance is still leading the pack in more than one way, according to digital asset analytics firm Kaiko. In a new report, Kaiko ranks the top ten crypto exchanges in terms of liquidity, putting Binance at the top of the list, followed by Bybit and Coinbase. “Liquid exchanges offer superior trading conditions, such […]
The Cardano blockchain co-founder, Charles Hoskinson, has expressed frustration over what he perceives as a disconnect between the public perception of Cardano—shaped by influencers and media—and the project’s actual progress and fundamentals. Hoskinson highlighted technological advancements such as Hydra, the development of partner chains, and many community events as some of Cardano’s achievements. Despite these […]
Because of the volatility and unpredictability of the market conditions, important events in the constantly changing cryptocurrency space can occasionally go almost unnoticed. This piece highlights the recent developments affecting Toncoin’s valuation and the rise in NEAR’s cryptocurrency value, illustrating the innovation and robustness of these platforms. Amidst these evolving narratives, BlockDAG emerges as a […]
Family offices, known for their entrepreneurial spirit, are embracing new investment opportunities. Though cryptocurrencies account for 5% of portfolios, an allocation that would have been unthinkable a decade ago, they remain strikingly split over the role of the asset class. According to the recently published 2024 BNY Mellon Wealth Management Study, approximately 39% of the […]
“You are either building capitalism or planned socialism,” said Wintermute CEO Evgeny Gaevoy, pointing the finger at Vitalik Buterin, Hayden Adams and the wider Ethereum community.
Cryptocurrency scams involve fraudulent activities related to digital currencies. Scammers may promote fake initial coin offerings (ICOs), pyramid …
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently seen its price fall below the 4-hour Simple Moving Average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour SMA is often used to gauge short-term market momentum. When a cryptocurrency’s price drops below this moving average, it can signal a […]