DWF Labs, a prominent market maker and institutional investor in the cryptocurrency sphere, has disclosed impressive gains exceeding $8 million from trading JasmyCoin (JASMY) since June 2023. This revelation comes amidst a volatile market environment, with cryptocurrencies experiencing fluctuations in value. According to data sourced from Spotonchain, DWF Labs recently deposited 100 million JASMY tokens, […]
Binance executive Nadeem Anjarwalla is facing extradition from Kenya following his escape from custody in Nigeria. He was spotted after a manhunt was launched from Nigeria that led the authorities to Kenya, where his whereabouts were discovered. Binance Executive Set to Be Extradited According to a local report, the Nigerian government is working on extraditing […]
The blend of cryptocurrency and sports sponsorship has become crazier as Real Bedford, a non-league English football club, received $4.5 million investment in Bitcoin from Cameron and Tyler Winklevoss, the twins who founded the crypto exchange Gemini. An Investment towards Ownership Following the investment, the Winklevoss twins will share the ownership of the club with […]
A closely followed analyst is forecasting when altcoins can recover from their current downturn and enter into another “hype cycle.” The pseudonymous analyst known as Rekt Capital tells his 450,400 followers on the social media platform X that altcoin market cycles tend to happen in quarterly waves, with the last cycle recently peaking this month. […]
The past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick of 0.5%. Market Update: A Tough Week for Crypto With Few Standouts The landscape […]
Tribalism has existed for as long as tribes themselves. For as long as humans have been organizing into social groups, we’ve been hating on the group in the next valley. Even though we have much more in common with them than we would care to admit. It is not surprising therefore that bitcoiners and ethereans […]
In a post on X (formerly Twitter), Lucie, the marketing lead for Shiba Inu, has provided potential investors with a new set of guidelines for evaluating projects within the Shibarium ecosystem, a dedicated layer-2 blockchain aimed at enhancing the Shiba Inu network. This guidance focuses on critical factors that reflect a project’s contribution to the […]
TL;DR Vitalik Buterin surprised the market by endorsing the new altcoin Railgun (RAIL), resulting in a 240% increase in its price. Buterin praised RAIL’s innovative privacy pools protocol that allows for private transactions. Before his public endorsement, he transferred 100 ETH (approximately $325,000) to the protocol and had been interacting with the project for the […]
TL;DR Significant growth in Cardano’s Plutus V2 smart contracts during April. Reached more than 1,000 new contracts in one month. Mixed outlook in the cryptocurrency market in the face of ADA evolution. In the world of cryptocurrencies, technological evolution is a key factor for the competitiveness and relevance of a blockchain platform. In this sense, […]
A whopping half a million new cryptocurrencies have been launched in the first quarter of 2024. Memecoins are largely responsible for the surge in new tokens, thanks to impressive gains among popular assets like Dogwifhat and Pepe. However, new project launches were on the rise before the March Memecoin Madness, suggesting that activity among developers […]
Has price of Bitcoin (BTC) reached oversold zone?
Global Cryptocurrency Market Report 2024-2028, Featuring AlphaPoint, Bitcoinforme, Bitfury, CEX.IO, Coinbase, Dogecoin, KuCoin, Ledger, Pantera …
A widely followed crypto analyst says that Ethereum (ETH) competitor Solana’s (SOL) nearly 45% devaluation from its 2024 high may end up being a “lifetime opportunity” for long-term bulls. Pseudonymous crypto trader Inmortal tells his 212,400 followers on the social media platform X that Solana looks poised to erase most of its losses in the […]
Landesbank Baden-Württemberg (LBBW), Germany’s state-backed lender, has unveiled plans to venture into cryptocurrency custody services. In a strategic move, LBBW has announced a partnership with the Austrian exchange platform Bitpanda to facilitate this initiative. Expansion into Cryptocurrency Custody This collaboration aims to provide LBBW with the necessary infrastructure for “Investment-as-a-Service,” enabling the storage and procurement […]
Yield Guild Games (YGG) faced a downturn in the past 24 hours, slipping below the $1 mark. The cryptocurrency, which was once valued higher, has experienced a decline in both its price and market position in recent times. According to reports, Wintermute, a significant player in the crypto space, made a substantial deposit of 12.08 […]
With increasing cryptocurrency-related crimes in Hong Kong, Bitrace has ramped up its efforts to tackle the problem. The prominent data analysis company has reportedly conducted training sessions on on-chain fund tracking for members of the Hong Kong Police Force. Bitrace Bolsters Efforts to Combat Crypto Crimes The latest initiative is part of the company’s Corporate […]
Toncoin (TON) has defied recent market turbulence, reaching a new milestone with its price surging to an all-time high of $7.0. This nearly 25% increase has propelled Toncoin to become the eighth largest cryptocurrency by market cap, surpassing Dogecoin (DOGE) with a market cap of nearly $25 billion. Toncoin: Powered By Strategic Partnership Toncoin’s recent […]
Goldman Sachs, a leading investment banking institution, has updated its gold price forecast due to the unforeseen strong performance of the metal in 2024. In a note directed to investors, the bank expects gold to reach $2,700 per ounce by year’s end, pushed by non-traditional factors. Goldman Sachs Updates Gold Price Outlook to $2,700 per […]
Dublin, April 15, 2024 (GLOBE NEWSWIRE) — The "Global Cryptocurrency Market 2024-2028" report has been added to ResearchAndMarkets.com's offering …
Over $1.4 million in settlement cash is about to be handed out to clients at a large US bank after a data breach compromised their privacy and security. Webster Bank and several firms linked with it were accused of failing to protect the personally identifiable information of its customers during a data leak between November […]
Top US crypto exchange Coinbase is looking to file an interlocutory appeal in its lawsuit with the U.S. Securities and Exchange Commission (SEC) regarding the definition of an “investment contract.” In a new thread, Coinbase chief legal officer Paul Grewal says that the crypto exchange is filing an interlocutory appeal because they and the SEC […]
A crypto investigator on X, ZachXBT, has alleged that lending protocol Leaper Finance is run by a group responsible for several previous rugpull scams. ZachXBT also identified two other currently active DeFi protocols run by the same scam group, warning users to immediately withdraw all funds. The group responded to the claims by trolling the […]
Tensions in the Middle East caused a significant 13% drop in Bitcoin prices over the weekend, though it has since stabilised at around US$65,316. Swyftx analyst Pav Hundal asserts that despite market fluctuations due to geopolitical events, Bitcoin’s core fundamentals remain unchanged. Reflecting on Bitcoin’s quick recovery from past crises, Hundal emphasises Bitcoin’s resilience and […]
The United Kingdom is gearing up to introduce new legislation for cryptocurrencies and stablecoins by June or July 2024, according to Economic Secretary Bim Afolami. Speaking at the Innovate Finance Global Summit on Monday, Afolami stated that the government is working swiftly to deliver the legislation that will put the final proposals for the crypto […]
A recent research by KPMG has revealed that after a turbulent year for the cryptocurrency market, investor sentiment appears to be on the rebound. The study, which surveyed approximately 2,400 private crypto investors across Germany, Austria, and Switzerland, sheds light on changing investment behaviors and attitudes in the DACH region. Renewed Optimism and Caution The […]
Initiating another sell-off this week, ORDI dipped to a four-month low and held it as support. The price bounced briefly in the past hours but it is currently the biggest loser of the day with a 17% drop in under 24 hours. Starting this week a bit strong, Ordi managed to tap $79.5 and later […]
There’s no denying the launch of Spot Bitcoin ETFs has done wonders for the price of Bitcoin and other cryptocurrencies in general. These ETFs have now unlocked institutional demand into the world’s largest crypto asset to change the dynamics ahead of the next halving. On the other hand, recent tensions between Iran and Israel have […]
Blockchain analytics firm says Bitcoin (BTC) is still in a “euphoria phase” despite its recent correction based on on-chain metrics. In a new report, the firm says BTC’s current downward price action is still tame compared to previous cycles, suggesting that the crypto king is in the earlier stages of a bull run. “If we […]
JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows. The global investment bank’s analysts also remain cautious about the U.S. Securities and Exchange Commission (SEC) greenlighting spot ethereum exchange-traded funds (ETFs) in May. Crypto Market’s Downside Risk Warning Global investment banking giant JPMorgan published a report on Thursday, […]
A dormant wallet containing millions in BTC has been reactivated
Discover how Pepecoin investors are doubling their profits with PEPE in this new cryptocurrency poised for 300% growth.