Solana (SOL) defied a slight market dip today, maintaining key support levels and sparking renewed optimism among investors. The altcoin boasts a healthy 24-hour trading volume of $6.50 billion, solidifying its position among the top cryptocurrencies. Market dominance for SOL sits at 3.04%. Analyst Bullish On Solana, Predicts Meteoric Rise Prominent crypto analyst Trader Tardigrade […]
Elon Musk recently said AI would surpass humans by 2025 but Google’s models are so inaccurate they’re being tuned by hand.
One of the largest banks in the world says a data breach has exposed information on both its customers and employees. In a statement, Santander says it’s aware of “unauthorized access” to a third-party database containing information on an undisclosed number of customers and employees. The bank, which has $1.8 trillion in total assets and […]
The chief investment officer of crypto fund manager Bitwise is predicting new all-time highs for Ethereum (ETH) if spot ETH exchange-traded funds (ETFs) are ultimately approved. Earlier this week, the U.S. Securities and Exchange Commission (SEC) approved a rule change that sets the stage for the potential green lighting of spot market Ethereum ETFs. In […]
A closely followed crypto analyst says that Bitcoin (BTC) is no longer in the “danger zone,” when there is a likelihood of a dip below its range low. Pseudonymous trader Rekt Capital tells his 472,200 followers on the social media platform X that while the “danger zone” has passed, Bitcoin could still dip about 13% […]
Ethereum’s price did not do what many expected
Bitcoin’s price experienced some enhanced price fluctuations in the past few days, going down to under $66,500 before jumping to just over $69,000 last night. The altcoins are also slightly in the green on a daily scale. UNI has taken the main stage with a massive 20% surge that has driven it to over $10, […]
He argued that the approval would inspire large money inflows into the Ethereum cryptocurrency, similar to the inflows that followed after the …
Veteran crypto trader, Peter Brandt has issued a warning to the broader crypto community, stating that the industry has yet to experience its biggest disaster. Brandt boldly predicts that this catastrophe will be linked to cryptocurrency staking and the people involved in it. Staking Could Lead To Crypto’s Greatest Disaster In an X (formerly Twitter) […]
Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.
Crypto exchange Binance just unveiled the second digital asset that will be supported on its new token launch platform. In April, the crypto titan launched Binance Megadrop, a platform with airdrops and Web3 quests that gives users early access to assets that are not yet listed on its exchange. The first crypto project on the […]
TL;DR Ethena’s Emergence: Ethena (ENA) is a new DeFi project with a dual-token system aiming to provide stablecoin options and DeFi services, backed by industry leaders and predicted to be a beacon of innovation in the cryptocurrency market. Price Predictions: Price forecasts for ENA from 2024 to 2030 show a wide range, with optimistic scenarios […]
The U.S. Securities and Exchange Commission (SEC) has approved Form 19b-4 for eight Ethereum ETF issuers, including financial giants BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. While this approval is a significant milestone, these issuers must still have their S-1 registration statements go effective before trading can begin. Bloomberg analyst James […]
Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The exchange stressed that customer funds remain secure, and withdrawal services will continue unaffected. Okx’s web3 (self-hosted […]
The bankrupt crypto exchange FTX paid more than $25 million worth of hush money to whistleblowers before collapsing in November 2022, according to a new report from a court-appointed examiner. Earlier this year, the U.S. Department of Justice (DOJ) tapped Robert J. Cleary, a lawyer who served as the lead prosecutor on the Unabomber case, […]
Cardano founder Charles Hoskinson highlights ADA’s earlier summiting of Everest, taking jab at Bitcoin
Singaporean woman, Wen Jian, has been sentenced to six years and eight months in prison by a London court for her role in laundering Bitcoin (BTC) tied to a staggering $6.4 billion Chinese fraud. The case, which involved the seizure of over 61,000 BTC by the UK police, has shed light on the growing prevalence […]
Bitcoin continues to dominate discussions, with its recent price movements drawing particular attention. As the asset struggles to reclaim its March all-time high of over $73,000, with recent attempts peaking above $71,000 earlier this week, the price has since receded to approximately $68,231 at the time of writing. This retracement marks a 7.3% drop from its […]
After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.”
New data reveals that spot market Bitcoin (BTC) exchange-traded funds (ETFs) have brought in nine straight days of inflows totaling over $1 billion dollars. According to data from London-based investment firm Farside Investors, BTC ETFs have seen positive inflows every day since May 14th, totaling more than $1.75 billion. May 15th and May 21st marked […]
The blockchain gaming altcoin Axie Infinity (AXS) is flashing signs that it could be ready to take off on a massive surge upwards, according to a popular crypto trader. The analyst Ali Martinez tells his 62,600 followers on the social media platform X that it looks like AXS is forming an inverse head-and-shoulders pattern on […]
TL;DR Dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) dominate due to strong communities and endorsements, while cat-themed ones like Popcat (POPCAT) are gaining interest but remain less popular. Pepe (PEPE) has recently surged and could also become a top meme coin this year with continued community support and strategic developments, though investors […]
Kabosu became recognizable as the face of Dogecoin, an alternative cryptocurrency that began as a satirical critique of the 2013 crypto frenzy. Show …
In a notable trend, $76.95 million worth of six Ethereum ecosystem tokens—$LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE—have been withdrawn from centralized exchanges (CEX) by fresh wallets and first-time accumulators in the past week. $76.95M worth of 6 #Ethereum ecosystem tokens, $LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE, have been withdrawn from CEX by fresh […]
As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive digital asset legislation aimed at curbing the SEC’s expansive jurisdiction claims. As Coinbase […]
TL;DR Cross-chain interactions made easier: Dfinity Foundation’s new API, EVM RPC, allows ICP smart contracts to directly interact with popular Ethereum Virtual Machine (EVM) compatible chains like Arbitrum and Optimism. This removes the need for complex bridges and wrapped tokens. Boosting DeFi with better interoperability: EVM RPC is a game-changer for blockchain interoperability. Previously, developers building […]
TL;DR Major token unlocks from Optimism, dYdX, and Sui are coming: These projects, along with others, are releasing a combined total of over $376 million worth of tokens in the next few weeks. This surge in circulating supply could lead to price volatility in the crypto market. Impact on individual tokens depends on various factors: Projects with […]
The U.S. Department of Justice (DOJ) is accusing a bank employee of creating a web of unauthorized transactions and illegal accounts, stealing more than $2.1 million from customers. In a 17-count indictment, the DOJ says it’s charging Yue Cao of Winfield, Illinois, with alleged bank fraud, aggravated identity theft and engaging in monetary transactions in […]
The CEO of Bitcoin (BTC) wallet and payments application Strike, Jack Mallers, is predicting that the flagship crypto asset could hit a seven-figure price. Mallers says in a new interview with Anthony Pompliano that Bitcoin could soar between 260% and 1,357% in the coming months. “I think we’re still so early in the Bitcoin story. […]
The Bitcoin price is now back down to $67,000 after touching above $71,000 earlier in the week. Given the circumstances surrounding the price recovery and subsequent decline, it has led to crypto analysts breaking out the technical indicators to figure out where the price is headed next. One crypto analyst, in particular, has identified that […]
Marathon Digital, one of the world’s leading Bitcoin mining operations, announced a collaboration to overhaul Kenya’s renewable energy sector.