TL;DR Tornado Cash has received $1.9 billion in deposits in the first half of 2024, despite US Treasury sanctions. Sanctions make it illegal for US users to interact with Tornado Cash, but activity remains high. Coin Center filed a lawsuit in 2022 arguing that the sanctions are illegal. Despite sanctions imposed by the US Treasury […]

TL;DR Options Expiry and Market Volatility: Approximately $1.79 billion in Bitcoin and Ethereum options are expiring today, sparking expectations of increased market volatility. Bitcoin and Ethereum Contracts: 20,679 Bitcoin contracts, worth around $1.31 billion, are set to expire today. The put-to-call ratio is 1.19, with a maximum pain point of $62,000. 142,583 Ethereum contracts, totaling […]

TL;DR Dog-themed meme coins, like Dogecoin (DOGE) and Shiba Inu (SHIB), have seen significant growth in 2024, possibly driven by strong communities and market presence. Other notable performers include Floki Inu (FLOKI) and dogwifhat (WIF), which have gained traction due to active communities and major cryptocurrency exchange listings. DOGE or SHIB? Dog-themed meme coins have […]

Layer 1 Market Rises: TRON Active Addresses Grow and Kaspa Price Holds as BlockDAG Raises $60 Million in Presale Worried about the unpredictable crypto market? Despite some downturns in July, a few promising cryptocurrencies are gaining attention. BlockDAG‘s presale has been a huge success, raising over $60 million and experiencing a 1400% price increase from […]

The price of Bitcoin has been on a tear over the past seven days, returning between the $61,000 and $67,000 zone where it spent most of the second quarter. This positive run of form comes despite the FUD (fear, uncertainty, and doubt) due to speculations about Mt. Gox’s customer repayment. Interestingly, recent trading data have […]

The company is now worth more than Broadcom and closing in on Meta.

The digital asset security platform Cyvers Alerts disclosed on July 19 that Rho Markets’ liquidity layer on Scroll had been exploited after hackers took control of an oracle access control. Cyvers reported that the attacker held $7.6 million across multiple chains, with USDC and USDT pools among the affected assets. Shortly after detecting unusual activity, […]

XRP whales have moved $25 million in XRP amid price dip

On Friday, the cryptocurrency blew up as much as 8.5%. Since mid-April, it has traded within a broad range, finding support at $115 and facing …

TL;DR Donald Trump has invited people to participate in a roundtable at the Bitcoin 2024 conference in Nashville at a cost of $844,600 per person. In addition to the roundtable, attendees can pay $60,000 for a photo session with Trump. Recognized figures such as Senator J.D. Vance and Representative Tulsi Gabbard will be present at […]

Since last weekend, the price of bitcoin (BTC) has rallied significantly, signaling that the crypto asset may have bottomed out. Bitcoin has recovered to a high of $67,000, although it was hovering around $64,000 at the time of writing. This comes after holders realized their largest losses so far in 2024. CryptoQuant analysts said on-chain […]

Like the general crypto market, the price of Solana (SOL) witnessed significant growth over the past week. According to the latest on-chain data, this might only be the beginning for SOL’s price, with several indications of further upside potential for the altcoin. What’s Behind Solana’s Recent Price Climb? In a new report, blockchain intelligence firm […]

Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs.

A top crypto trader has suggested that the current prices of Dogecoin (DOGE), Shiba Inu (SHIB), and RCO Finance (RCOF) represent a last-chance buying opportunity. According to this trader, DOGE, SHIB, and RCOF may soon see significant price increases as market dynamics shift. In this article, we compare the current and potential future values of […]

An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed concern that the prevailing economic conditions in Zambia are not conducive for the country to proceed with the de-dollarization proposals. Zambia Not Ideally Placed to Dedollarize The International Monetary Fund (IMF)’s Zambian representative, […]

The XRP Ledger (XRPL) has witnessed a surge in address activity this week, coinciding with a price pump for the crypto asset. The crypto analytics firm Santiment notes that the XRPL has recently seen a substantial amount of both new addresses created and total addresses interacting on the network, with both metrics hitting their highest […]

As SHIB looks to recover, market closely watches its price action

Cryptocurrency is a type of decentralized digital currency that investors can buy and sell along the blockchain. Unlike banknotes or minted coins that …

Are you ready for the July 23 launch of nine spot Ethereum ETFs? Here’s what you need to know to start trading.

Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This move marks its first venture following its initial launch earlier this year. Kraken Custody’s Expansion According to the official press release, institutional clients in the UK […]

While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin liquidations by the Mt. Gox distribution and sales by the German government, Bitcoin’s price remains notably resilient. These developments indicate […]

Cryptocurrency analyst Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) based on historical precedent. In a new video, Svenson tells his 78,700 YouTube subscribers that Bitcoin is on the cusp of a breakout from a sideways range. According to Svenson, Bitcoin is in a bullish structure that started in early 2023 and could go […]

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a low-cap memecoin built on the Solana (SOL) blockchain. The analyst pseudonymously known as Bluntz tells his 265,500 followers on the social media platform X that PONKE (PONKE) is exhibiting a bullish structure after breaking out of an ascending channel and then turning […]

TL;DR Restaking Mechanism: EigenLayer introduces restaking, allowing users to re-stake their $ETH to enhance crypto-economic security for various decentralized applications (dApps) on the Ethereum network, thus extending the utility of staked assets beyond traditional staking methods. Marketplace for Security: The protocol creates a marketplace where users can delegate their restaked ETH to validate new applications, […]

Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating with other exchanges. “This is an unprecedented attack on one of the largest crypto exchanges in India. […]

How MOONHOP Leaps Over PEIPEI and PlayDoge: The Meme Coin Adventure with a Whopping 4900% Treasure Map While PEIPEI Growth and PlayDoge Presale have recently piqued investor interest, MOONHOP introduces a remarkable investment proposition, beginning at a mere $0.01 with a potential 4900% increase. This makes it the standout pick among meme coins today.  Its […]

Can traders expect price blast from DOGE within next few days?

ALBANY — Neighbors are pushing for the state Department of Environmental Conservation to take action against a cryptocurrency mining facility in …

Quantum annealing systems could impact the finance and blockchain industries in a major way.

A widely followed cryptocurrency analyst and trader says that one Ethereum (ETH)-based altcoin could be gearing up for a double-digit bounce. The analyst pseudonymously known as Credible Crypto tells his 403,900 followers on the social media platform X that CRV, the native token of stablecoin lending platform CurveDAO, could soar to $0.37, a more than […]

A widely followed crypto analyst believes one under-the-radar altcoin is on the verge of a massive breakout. Crypto trader Michaël van de Poppe tells his 722,400 followers on the social media platform X that the Omni Network (OMNI), which aims to integrate Ethereum’s (ETH) rollup ecosystem into a single, unified network, could soon soar more […]

Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability when it comes to the top 10 largest cryptocurrency by market cap, disappointing holders and […]