The Federal Bureau of Investigation (FBI) has revealed that losses incurred from cryptocurrency investment fraud incidents increased from $2.57 billion in 2022 to $3.94 billion in 2023, representing a 53% increase year-over-year. According to the FBI’s Internet Crime Report 2023, criminals found more ways to scam victims, enticing their targets with promises of lucrative returns […]
… cryptocurrency to over $115K in 2024, crypto tax-reporting firm CoinLedger said in a recent study. A year after the past two halvings – there have …
A federal appeals court is reportedly overturning the dismissal of a lawsuit accusing crypto exchange Binance of violating US securities laws by selling unregistered tokens. In March 2022, District Judge Andrew Carter threw out a class action lawsuit brought by crypto investors who used Binance to purchase tokens that eventually witnessed a massive price decline. […]
The price of bitcoin has shattered records by briefly surging past the $70,000 mark earlier today, signaling a renewed wave of enthusiasm among investors. The top cryptocurrency experienced a steady climb throughout the week with a sustained 12% rally, aided by the introduction of spot bitcoin exchange-traded funds (ETFs) in the United States. At the […]
Sam Altman’s identity-focused crypto project Worldcoin (WLD) is one of the top-performing crypto assets in the last several days as it faces regulatory scrutiny in Europe. Last week, the government of Spain ordered Worldcoin to stop collecting data in the nation after receiving numerous complaints from customers. The Spanish Data Collection Agency (AEPD) mandated that […]
Worldcoin, the biometric iris scanning project, has introduced a complaint against the actions of the AEPD, the personal data protection agency in Spain. Tools For Humanity, the company behind Worldcoin, argues that the agency circumvented the General Data Protection Regulation (GDPR) established procedures when taking the ban actions against the project. Worldcoin to Fight Operations […]
Bitcoin’s price surged to record high, closing at $68,463, as it nears $70,000 mark
In the dynamic world of cryptocurrency, March has ushered in an electrifying wave of anticipation, especially among Dogecoin (DOGE) whales, who are now closely monitoring a new meme cryptocurrency, Shiba Budz (BUDZ). This fresh entrant to the meme coin universe is not just turning heads but is poised for an astounding 300% gain, capturing the […]
Bitcoin’s price is finally showing signs of breaking the previous all-time high to the upside. Cryptocurrency is entering uncharted territories, and predicting its upside potential becomes a lot more challenging. However, there are some hints interpreted from technical and on-chain analysis. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price is […]
Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying …
The momentum of Chainlink (LINK) in February has largely subsided and the current performance of the crypto seems lackluster when compared with other large crypto assets. However, it would appear that the cryptocurrency is gearing up for some action in the coming weeks. Interestingly, new on-chain data has revealed a fresh accumulation pattern by LINK […]
Macro guru and Real Vision CEO Raoul Pal is unveiling his crypto holdings, saying that his capital is geared toward capturing the potential rise of riskier digital assets. In an interview on the Crypto Banter YouTube channel, the former Goldman Sachs executive says that about 90% of his stash consists of crypto hedge funds, Solana […]
The chief investment officer of crypto fund manager Bitwise says that large corporations will fuel massive inflows into Bitcoin (BTC) in Q2 2024. In a thread on the social media platform X, Bitwise CIO Matt Hougan says that the approval of spot market BTC exchange-traded funds (ETFs) in January gave financial institutions and large corporations […]
An in-depth examination conducted by the onchain analytics firm Glassnode, alongside the researcher Cryptovizart, has shed light on bitcoin’s unexpected rise to record-breaking highs just before the halving occurrence, unveiling key aspects of market behavior. Glassnode Report Sheds Light on ETF Net Inflows and Long-Term Bitcoin Holder Gains In its analysis, Glassnode emphasizes the notable […]
Ethereum (ETH) profitability soars 94%, is ATH breakthrough in view?
Understand Your Cryptocurrency Investment Choices. Cryptocurrencies are increasingly becoming significant in global markets, so it's important to …
Wyoming’s governor signed legislation this week greenlighting the legal status of decentralized autonomous organizations (DAOs). The legislation becomes effective on July 1st and establishes “decentralized unincorporated nonprofit associations” (DUNAs) in the state. Miles Jennings, the general counsel at the digital asset-focused venture capital a16z crypto, says the new law is “game-changing” for web3. “Wyoming’s new […]
Binance Coin, BNB advanced higher this week following a notable surge in volume. It appeared super bullish on the daily graph and is currently up by 50% monthly following a consistent volume inflow in the past weeks. BNB’s performance has been highly impressive over the past six months, although it appeared to just be starting […]
[PRESS RELEASE – Abuja, Nigeria, March 9th, 2024] In a display of commitment to enhancing the digital and creative industries in Nigeria, Gluwa’s CEO Tae Oh, engaged in a courtesy visit to the Vice President of Nigeria, Kashim Shettim Pictured (left to right): Tae Oh, CEO of Gluwa and Kashim Shettima, Vice President of Nigeria […]
In a daring proclamation, cryptocurrency trader KALEO and two other top analysts, are shaking the foundations of the market with a bold assertion – the journey of Dogecoin to $1 is not a mere speculative venture but a palpable prospect within the current market cycle. Amidst the noise of market volatility, their confidence adds a […]
Following bitcoin’s significant market activity this week, conversations around the bull market have hit a high pitch, with numerous predictions of substantial increases in the leading crypto asset’s price cycle. Evidence indicates that call options, with strike prices ranging from $80,000 to $100,000, are now in the mix, as speculators exhibit strong optimism. Bitcoin Bull […]
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Some of London's richest tenants are now paying their rent in cryptocurrency.
America’s ever-increasing pile of debt is now growing at a stunning pace, according to new numbers from the U.S. Treasury. The agency’s “debt to the penny” database shows the national debt is ballooning by about $1 trillion every 100 days. That’s a staggering $10 billion per day, $416.67 million per hour, $6.94 million per minute […]
In the ever-evolving world of cryptocurrency, having a reliable and accessible platform for trading is crucial. Zenit World steps into this arena, offering a user-friendly platform specifically designed for spot trading. But what exactly is spot trading, and how does Zenit World facilitate it? This article breaks down Zenit World’s Spot Trading capabilities and explores […]
Meme coins are gaining traction again after taking a short break in buying. Floki saw the most gain today, leading the top-gainer chart with a 210% surge in the past week. Failure to sustain momentum may result in a reversal. Last week’s surge brought several mem coins out of the wood after witnessing a significant break […]
A recent Coinbase report notes that the perceived value of numerous AI tokens has been overstated, leading to concerns regarding their sustainability. David Han, a research analyst at Coinbase, highlighted the recent price surges observed in these tokens may be driven more by hype than genuine utility or usage. Surge in AI-Related Crypto Projects Raises […]
The total value locked (TVL) in the decentralized finance (DeFi) sector surged last month, according to the crypto intelligence platform DappRadar. TVL refers to the amount of capital deposited within a protocol’s smart contracts and is often used to gauge the health of a crypto ecosystem. DappRadar notes in a new monthly analysis that the […]
A popular crypto analyst thinks meme crypto asset Dogecoin (DOGE) is gearing up for a big price explosion in the coming weeks. Ali Martinez tells his 50,700 followers on the social media platform X that historical patterns indicate the top meme asset could hit $1 by mid-April. The move would represent a nearly 500% increase […]
Coinbase executives are meeting with the U.S. Securities and Exchange Commission (SEC) to support the approval of a spot market Ethereum (ETH) exchange-traded fund (ETF). A new memorandum reveals that Coinbase executives met with the SEC earlier this week to sway the regulatory agency into greenlighting crypto asset manager Grayscale’s application for an Ethereum ETF […]
Illustration by Mitchell Preffer for Decrypt. It had been a long time coming: Bitcoin hit a new all-time high on Tuesday, soaring past its November 2021 record of $69,044 in the U.S. before dipping again. Then, on Friday, it did it again—this time by jumping above $70,000. This is remarkable, considering that the coin was […]
In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break from the traditional pattern of lesser yields. Bitcoin’s Journey Towards a Possible […]