A former Wells Fargo senior manager just agreed to pay a $40,000 fine and turn his back on the banking industry. The Office of the Comptroller of the Currency (OCC) is issuing a consent order against ex-Wells Fargo operations senior manager Norman Desembrana for allegedly misleading customers, engaging in reckless unsafe and unsound practices and […]
More than 45,000 over-leveraged traders have been liquidated in the past 24 hours as the cryptocurrency market turned red again. Some of the biggest daily losers come from the ever-volatile meme coin industry, with BONK, PEPE, and FLOKI leading the adverse trend. Bitcoin/Price/Chart. Source: TradingView CryptoPotato reported the substantial gains charted by most larger-cap cryptocurrencies […]
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business partner, while a 12-year jail term has been proposed for Chairman Wang Chen-huan. Token Prices Plummet Taiwanese prosecutors recently indicted at least […]
Cryptocurrency exchanges are legal in Thailand, but they must obtain local approval. Last month, the country even allowed asset management firms to …
Uniswap Investors Back BlockDAG’s Bull Run with 30,000x Potential Post Lunar Keynote Display, Eclipsing Ethereum’s Price Prediction Ethereum price predictions question whether ETH will drop to $2.8K amid an intensifying bearish trend as Uniswap investors exit due to platform issues. Meanwhile, BlockDAG has released a lunar teaser following a successful keynote, further amplifying excitement and […]
The cryptocurrency market is clearly in a hurdle as cryptocurrencies are coming closer to key resistance levels
Following the fourth Bitcoin Halving, Rekt Capital, a popular cryptocurrency trader and expert, has offered a compelling narrative on the future trajectory of Bitcoin, predicting that the crypto asset could peak this bull cycle in the following year. Rekt Capital’s analysis emphasizes on the possibility that this current cycle could reiterate past Halving cycle trends, […]
DeFi Education Fund’s legal chief said the prosecutors’ arguments against Roman Storm’s motion to dismiss were “filled with technical inaccuracies.”
A closely followed crypto strategist thinks that Bitcoin (BTC) is presenting a golden opportunity to long-term holders. Pseudonymous analyst Inmortal tells his 212,900 followers on the social media platform X that he sees Bitcoin rallying to a fresh all-time high in the coming weeks. According to the trader, the current Bitcoin consolidation is giving long-term […]
Financial goliath Franklin Templeton has listed its Ether ETF, EZET, on the Depository Trust and Clearing Corporation’s website. This is an important step toward getting a financial product publicly listed for trading. However, without an approval from the US Securities and Exchange Commission, Ether ETFs will remain nothing more than a nice idea. Analysts in […]
Institutional investors are divesting from Bitcoin and Ethereum to other altcoins, notably Solana. In a survey of 64 asset managers, approximately 15% held Solana, compared to 0% in the previous study conducted by CoinShares. Approximately 14% of those questioned also considered Solana to be the “digital asset with the most compelling growth outlook”. Regulation continues […]
TL;DR Post-halving, Bitcoin dipped to $62,500 but analysts foresee a rally influenced by financial institutions’ involvement and historical trends. Upgrades to Shiba Inu’s Shibarium include a new user interface and a planned hard fork to optimize transaction processes. Ripple’s ongoing SEC lawsuit and potential $100 million settlement may impact XRP’s price, with the possibility of […]
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish trend with a series of lower highs and lower lows, suggesting that sellers […]
Cryptocurrency Evolution. Beginning with Bitcoin in 2009, cryptocurrencies have transformed from digital novelties to a widely accepted asset class.
The solo miner netted around $200,000 in rewards for validating block 841,286.
A US bank is facing a proposed class action lawsuit for allegedly failing to protect its customers’ sensitive personal information and suffering a massive data breach. SouthState Bank, which has over $45 billion in assets, is being hit with a class action lawsuit led by plaintiff Latonya Gore in Florida, filings show. The suit concerns […]
Analytics firm Santiment says the majority of altcoins look set to ignite rallies after a month-long crypto correction. Santiment says that the ongoing marketwide pullback has driven many altcoin traders to unload their stacks and incur heavy losses. “According to our model, the mid-term gains and losses by average wallets indicate heavy realized losses across […]
The crypto markets have finally awoken from their slumber in 2024, pushing to new heights in many cases before the Bitcoin halving event. Now that has passed, analysts seek the fastest-growing crypto before releasing their forecasts for the rest of the decade. New crypto presale Raboo is off to a flyer, and experts are assessing […]
The Bitcoin network has witnessed a surge in trading activity in the days after the halving, as shown by on-chain data. Although the just concluded halving brought a lot of attention to Bitcoin, the recent surge in trading activity can be attributed to something else. According to data from on-chain analytics platform IntoTheBlock, the number […]
Authorities in Taiwan are reportedly accusing crypto exchange executives and dozens of others of running a multimillion-dollar crypto scam. According to a new report by the Taipei Times, prosecutors are charging 32 people with fraud allegedly related to the ACE crypto exchange, recommending 20-year sentences for the four operators of the trading platform. Those arrested […]
Australia’s spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years, according to Monochrome CEO Jeff Yew.
Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new version of the mentioned client ships with a central scheduler that aims to reduce congestion by increasing fee collection and reducing conflicting transactions. Anza is calling for increased testing on this functionality. Anza Calls for […]
A cryptocurrency is a digital asset that uses cryptography to secure transactions. This is not centralized by the authority of a bank or …
JPMorgan chief executive Jamie Dimon is warning against becoming complacent as he believes it is within the realm of possibility for the US economy to witness a severe downturn next year. In a new interview with the Wall Street Journal, Dimon says the US economy is doing well this year with strong consumer spending, low […]
The US economic calendar is brimming with activity this week, with the Federal Reserve reacting to rising PCE, PPI, and CPI inflation data. Moreover, the central bank’s decision and upcoming economic data releases will provide insights into the inflation battle and the broader US economic trajectory, shaping market sentiment for the months ahead. Additionally, a […]
While Bitcoin (BTC) and Ethereum (ETH) still up by 49% and 36% year-to-date, some major altcoins look surprisingly pale in 2024
Optimism (OP) has grabbed investors’ attention in the last day following an intriguing positive price performance. Interestingly, OP’s market gain has occurred following a recent disclosure of certain security flaws associated with the popular layer-2 platform. OP Bounces Back Amidst Optimism Security Concerns On April 26, Offchain Labs, the initial developers of the prominent Ethereum […]
Cryptocurrency markets shift rapidly, presenting both possibilities and challenges for investors. Established coins like Litecoin (LTC) offer potential stability, while projects like Polkadot (DOT) provide innovative technology. Meanwhile, emerging platforms like BlockDAG (BDAG) introduce new ways to engage with blockchain networks. Let’s break down each of these options. Litecoin Price: The Silver Alternative Litecoin (LTC), […]
Veteran trader Peter Brandt sparked debate after suggesting BTC may have already hit its peak this cycle, but even he didn’t put much stock in the theory.
A widely followed analyst believes that Bitcoin (BTC) is gearing up for a parabolic surge despite its recent price doldrums. Pseudonymous crypto strategist TechDev tells his 447,600 followers on the social media platform X that conditions on Bitcoin’s two-month chart suggest that BTC is almost ready to witness a price explosion. The analyst predicts that […]
A technical analyst has highlighted that bitcoin is approaching “the point where historically the most aggressive part of the bull cycle begins,” forecasting a potential rise to $300,000 for the cryptocurrency. “Unrealistic or not, that gives us a $300,000 projection and is undeniably technical as those are the exact high-to-low measurements at the time it […]