TL;DR dYdX Upgrade to v5.0: The decentralized perpetuals exchange dYdX has successfully upgraded to version 5.0, introducing several innovative features aimed at enhancing user experience and expanding market possibilities. New Features and Enhancements: The v5 upgrade introduces isolated markets and margins, batch order cancellation, and automated liquidity provider strategies. Incentives and Growth: In line with […]

TL;DR Artificial intelligence (AI) is being used by criminals to improve their tactics in the cryptoasset ecosystem. Emerging typologies of crimes include the use of deepfakes, fake tokens, cyberattacks, large-scale scams, and identity theft. Elliptic has published a report highlighting these risks and offering solutions to mitigate them. Artificial intelligence (AI) has revolutionized various industries, […]

Mysterious quarter-billion dollar Bitcoin transfer hits Coinbase as BTC price readies for breakout

Trader forced to hand over hundreds of thousands of pounds-worth of cryptocurrency after allegedly being kidnapped, robbed and blackmailed, jury told.

Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains ‘unrealized.’ Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk’s social media platform X to explain the hurdles preventing Bitcoin from achieving […]

The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook ads featuring a deepfake of Tesla CEO Elon Musk. Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. 70 Crypto Scam Domains Seized The Brooklyn District Attorney’s Office announced Thursday […]

Hyperbitcoinization is the belief that eventually all goods and services will be priced in bitcoin instead of dollars. If you identify as a Bitcoin maximalist, you might have already accepted this as a given. But what does this process actually look like over time? What are key milestones that we can point to that would […]

The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market.

Giant investment manager VanEck believes that Ethereum (ETH) could hit a five-figure price over the coming years. In a new research report, VanEck says that its 2030 base case target for Ethereum is $22,000, a gain of 472% from the current price, while its bull case target for the same period is $154,000, a 3,905% […]

Iggy Azaela’s new meme coin project, Mother Iggy, has rocketed up nearly 5,000% in the past seven days. The project, which has little utility, is growing on the back of a targeted promotional effort from Iggy via social media. MOTHER’s success and its pathway there has been criticised by industry figureheads like Vitalik Buterin and […]

[PRESS RELEASE – Hong Kong, China, June 7th, 2024] Memeland sets sail for MemeDay, declaring a new tradition in Web3 Memeland, one of the largest and fastest growing Web3-focused venture studios, announces the inaugural celebration of the first-ever MemeDay on 6.9 (June 9th), a day set to celebrate and remind Web3 of the power of […]

The Crypto Race: BlockDAG’s Stellar Keynote Leaves GameStop and Gorilla Behind with $45.8M Presale In a booming crypto market, GameStop and Gorilla are making waves with their high valuations and optimistic forecasts. Yet, BlockDAG has transcended these with its remarkable presale, raking in over $45.8 million after a stellar second keynote that showcased its innovative […]

It is now possible for Mastercard users to buy slew of cryptocurrencies, including Bitcoin, XRP and Shiba Inu, once again

TL;DR The Cardano (ADA) market experiences a 170% increase in derivatives trading volume in just 24 hours, surpassing $500 million. ADA price reaches $0.49, a level unseen in 17 days, driven by fear of missing out (FOMO) among investors. Whale activity increases, indicating a possible bullish trend, while active address data shows growing demand for […]

Interestingly, another of the lowest price cryptocurrency bears the DOGE tag. Known as Dogecoin X (DOGE), this new meme coin has a total supply of …

Ethereum price started a downside correction from the $3,885 resistance zone. ETH is now back below $3,800 and might continue to slide toward $3,720. Ethereum started a pullback after it failed to clear the $3,880 resistance. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key […]

The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7.

The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to a low of $68,450 per unit after reaching the […]

President Donald Trump showcased his support for the Bitcoin and cryptocurrency industry again at a high-profile fundraiser in San Francisco on Thursday.  Hosted by tech venture capitalists David Sacks and Chamath Palihapitiya at Sacks’ Pacific Heights home, the event raised $12 million for Trump’s campaign, three sources present told Reuters. The event was attended by executives […]

A closely followed crypto analyst believes that one Ethereum (ETH) rival is gearing up for a massive gain. Pseudonymous trader Kaleo tells his 641,800 followers on the social media platform X that Avalanche (AVAX) may be about to mirror a 2021 bullish pattern against Bitcoin (BTC). “AVAX/BTC: I still wouldn’t sleep on Avalanche here. Chart […]

Have you noticed American politics have been talking more positive about crypto recently? Well so has Matt Hougan, the Chief Investment Officer at crypto fund manager at Bitwise. According to a recent post by Hougan, three significant events highlight this political change: On May 8, 21 Democrats joined Republicans to repeal SAB 121, an SEC […]

dWallet Network has announced expanding its technology to the Layer 1 blockchain network, Aptos. This move aims to introduce Zero Trust Protocols (ZTPs) with inherent multi-chain interoperability capabilities to the decentralized finance (DeFi) and gaming ecosystems on Aptos. By incorporating dWallet’s Zero Trust architecture, ZTPs developed on Aptos will be able to seamlessly sign transactions […]

Bitcoin might benefit from something that many investors miss

A group of creditors of the now-collapsed FTX has moved to court, objecting to the crypto exchange’s bankruptcy reorganization plan, which would pay the unsecured creditors the entirety of their claims, if not more. The Formal Objection of FTX Creditors A group led by Sunil Kavuri, one of FTX’s vocal creditors, filed the objection yesterday […]

Sol is up today and is currently prime for a big move on the daily chart. It has dropped slightly from a daily high, looking for a key rebound level.   Sol went through a nice recovery phase last month, posting roughly 50% gains in the first two weeks. It encountered resistance and pulled back for […]

According to experts at Wall Street, cash-rich billionaires are on a buying spree of a certain Cryptocurrency ETF, that may soar to unimaginable …

XRP price started a fresh decline from the $0.5320 resistance zone. It is now testing the $0.5180 support and might even test the $0.5120 support zone. XRP failed near $0.5320 and started a downside correction. The price is now trading below $0.5250 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]

The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”

Closely followed crypto strategist and trader Michaël van de Poppe is naming his top altcoin picks for the current cycle. In a new strategy video, Van de Poppe tells his 165,000 YouTube subscribers that Bitcoin (BTC) investors are likely to start funneling their profits into altcoins, sending alt projects much higher. “Altcoins are going to […]

TL;DR Surge in Open Interest: Bitcoin’s open interest has surged by $2.2 billion in three days, indicating a significant increase in market participation and potential for heightened volatility. Market Whipsaw Concerns: The rapid increase in open interest could lead to a “whipsaw” effect, where Bitcoin’s price may abruptly change direction, posing risks for traders and […]

TL;DR Standard Chartered expects the US presidential election to impact the price of Bitcoin, possibly reaching $150,000 by the end of the year. Bipartisan interest in cryptocurrencies is increasing in Washington, especially following the launch of BTC exchange-traded funds in the United States. Geoffrey Kendrick of Standard Chartered suggests that a Trump victory could benefit […]

Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both regions. The agreement, signed on June 6, 2024, aims to enhance collaboration, particularly in blockchain and cryptographic technologies. It also […]