Cardano (ADA) stands out as a leader in development, according to data from the analysis firm Santiment. The key indicator here is development activity, which tracks the total work done by developers on the project’s public GitHub repositories. Santiment has taken a unique approach to measuring this activity, using events instead of traditional commits to […]
An unidentified individual recently suffered a significant loss of aEthWETH and aEthUNI, totaling $4.2 million, falling victim to a crypto phishing attack that leveraged a falsified ERC-20 permission signature. According to the Web3 security firm Scam Sniffer, the victim unwittingly signed approvals for multiple transactions using an ERC-20 authorization manipulated by an opcode contract to […]
Grayscale’s massive selling pressure could have been enough for digital gold to retrace swiftly
A Colorado-based pastor for an online church accused of pocketing $1.3 million through a cryptocurrency fraud scheme told followers in a video …
Digital assets manager CoinShares says institutions are delving into Bitcoin (BTC) exchange-traded products (ETPs) after the U.S. Securities and Exchange Commission (SEC) approved a spot BTC exchange-traded fund (ETF) earlier this month. In its latest Digital Asset Fund Flows report, CoinShares finds that even though crypto investment products saw outflows last week, trading volumes were higher […]
The crypto market is experiencing a widespread downturn, with Bitcoin and several altcoins like Astar, Helium, and Terra Classic seeing significant losses. Australian crypto trader Jason Pizzino interprets the recent Bitcoin drop as a reaction to the ETF announcement, viewing it as a temporary setback before reaching new highs. Raoul Pal advises investors to stay […]
The spot Bitcoin ETF launch has been overshadowed by massive investor exodus from Grayscale Bitcoin Trust (GBTC). Discount vanishing and high fees have incentivised investor migration to more efficient spot ETFs. FTX’s USD $1 billion liquidation likely the peak single-account outflow, but more selling is on the horizon. However, the market shedding some of its […]
Now that Spot Bitcoin ETFs have been approved by the United States Securities and Exchange Commission (SEC), the crypto space anticipates more ETFs to enter the market, particularly Spot Ethereum ETFs. Despite this, analysts at JP Morgan, an American multinational financial service firm, have revealed a less than optimistic outlook for the potential approval of […]
After months of speculation and a frenzy of attention that crossed over from crypto Twitter to mainstream financial channels, those long-awaited spot BTC ETFs finally gained approval from the SEC earlier this month, and from there, were almost immediately up and running. There was the added last minute drama of the SEC having its X […]
Recent Ethereum (ETH) market dynamics reveal a mixed picture, with reports of both selling and accumulation activities among major holders. Despite the Ethereum Foundation’s reported sale of 700 ETH for 1.684 million DAI at an average price of $2,422 over six days, whales are seizing the dip in ETH prices. The #Ethereum Foundation appears to […]
Vocal Bitcoin advocate Mow explains his Bitcoin ‘step change’ concept to cryptocurrency community
The former chief executive of an investment firm has been sentenced to two years in prison for a “cherry-picking” scheme involving crypto derivatives. In a new press release, the U.S. Department of Justice (DOJ) says that US-Russian national Peter Kambolin, the founder of Systematic Alpha Management (SAM), operated a $1.6 million cherry-picking scam where he […]
US Senator Elizabeth Warren is once again calling for an anti-crypto crackdown amid a new government report suggesting that certain nations are using digital assets to avoid sanctions. Warren (D-Massachusetts), a longtime crypto critic, tells her 6.8 million followers on the social media platform X that a U.S. Governmental Accountability Office (USGAO) report shows why […]
It has been reported that the Ethereum Foundation has executed a transaction selling an additional 700 ETH. The sale, amounting to 1.68 million DAI, was conducted at an average rate of $2,406 per ETH. The transaction was processed through two distinct addresses, namely 0xbc9 and 0xd77, within the past 40 minutes. According to the blockchain […]
[PRESS RELEASE – Palo Alto, USA, January 23rd, 2024] Inaugural Sui ecosystem event comes to Paris April 10-11, 2024 Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the Layer 1 blockchain and smart contract […]
Taxes, cryptocurrency, donations and even money from Israel are thought to have kept militant group running.
The Bitcoin price has plummeted below the $39,000 mark, the lowest level since December 2. This significant drop can be attributed to three main factors that have collectively contributed to the current market sentiment and price action. #1 Selling Pressure From Grayscale’s GBTC Outflows The market has been heavily influenced by the continuous outflows from […]
Documents reveal Terraform Labs has filed for Chapter 11 bankruptcy protections in the US. Terraform Labs say filing is a strategic move to allow the company to continue to pursue its business plan while repaying creditors. Terraform Labs and ex-CEO Do Kwon face numerous legal battles both in the US and Singapore relating to the […]
The largest crypto exchange in the world is announcing perpetual contract support for a new altcoin project with connections to the traditional finance (TradFi) world. Ondo Finance (ONDO) is a project focused on tokenizing real-world assets (RWAs), with a focus on short-term bonds and US Treasuries. Ondo’s products are currently only accessible on the Ethereum […]
Bankrupt crypto exchange FTX’s former trading arm Alameda Research is reportedly no longer pursuing its lawsuit against crypto giant Grayscale. Last March, debtors of the bankrupt digital asset exchange FTX filed a lawsuit against Grayscale in Delaware. The lawsuit alleged that Grayscale extracted over $1.3 billion in excessive management fees in violation of trust agreements. Additionally, […]
Crypto Tony’s Bitcoin price prediction stirs speculation in community
Sol initiated a fresh drop Last Thursday and lost almost 15% of its valuation in the last five days. It continued bleeding today and is on the verge of breaking into a new monthly low. It is currently down by 6%. Following a series of lower low and lower high patterns all the way from […]
BTC has dropped to its lowest price level for seven weeks, hitting $39,500 during Tuesday morning’s Asian trading session. The 3% daily decline has increased the size of the BTC pullback to 18.5% from its Jan. 10 high of $48,500. Moreover, analysts have predicted that the correction could continue and be as deep as 30%, […]
… cryptocurrency since the Oct. 7 attack on Israel. The sanctions come as Israel's bombing campaign on the Gaza Strip continues — killing 25,000 …
Amid a cryptocurrency market that has seen a continued bearish trend since the advent of crypto ETFs, a recent positive sign has brightened the landscape. Stablecoin supply has reached a new yearly high, rising to an impressive $134.3 billion, marking a significant change of $4.17 billion in the last 30 day. This inflow represents the […]
Bitcoin has been experiencing a downward trend recently, dropping from its 2023 all-time high of about $49,000 to below $41,000 at the time of writing. Despite this significant price correction, popular crypto analyst Kevin Svenson has predicted a new all-time high for BTC in the months after the 2024 Bitcoin halving. Bitcoin Anticipated To Hit […]
A widely followed crypto analyst says that one top-10 altcoin looks stronger than the competition while predicting corrections for the smart contract platform Solana (SOL) and one decentralized finance (DeFi) token. Pseudonymous crypto strategist Altcoin Sherpa tells his 205,800 followers on the social media platform X that he thinks BNB, the native asset of the […]
As Dogecoin (DOGE) leads a surprising surge in the cryptocurrency market following X Payments’ new venture, other major cryptocurrencies like Stellar (XLM) and BNB also witness gains
Washington | The US, UK and Australia imposed a fifth round of sanctions on the militant group Hamas for abuse of cryptocurrency since the October 7 …
The Federal Reserve and New York Department of Financial Services (DFS) just announced a multi million-dollar settlement with a Beijing-based banking giant. The US agencies say the Industrial and Commercial Bank of China (ICBC) will pay a total of $32.4 million for failing to follow the Bank Secrecy Act and Anti-Money Laundering laws, neglecting to […]
January 23, 2024 – Palo Alto, United States Inaugural Sui ecosystem event comes to Paris on April 10-11, 2024. Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the layer one blockchain and smart contract […]
Ethereum has been significantly down in the past week with a current 17.9% share of the market. Although, it remains bullish on the higher timeframe, looking for a support line to foot a fresh increase. After breaking higher to a multi-month high of $2,717 two weeks ago, Ethereum initiated a drop and quickly lost steam, […]