The Federal Police of Brazil arrested one person last week in connection with a massive money laundering racket suspected of having moved $2.6 billion in illegal proceeds through crypto assets, the Brazilian edition of CNN reported. Mastermind Behind a Massive Money Laundering Operation The person was arrested on January 7 at Guarulhos Airport in São […]
A transaction involving a whopping 25.6 billion XRP (valued at nearly $15 billion), nearly half of the total circulating supply of approximately 54.26 billion, raised alarm within the crypto sector in the late evening of January 14. The transfer was reported to have originated from an unknown wallet to the cryptocurrency exchange Bitfinex. Were 25.6 […]
In discussing the Bitcoin ETF Launch, Raoul Pal and Ran Neuner suggest not to worry about initial market reactions at these early stages. Henrik Zeberg predicts an impending recession driven by misplaced optimism and a fragile labour market, anticipating a complex cycle of deflation, market bounce, and stagnation. Raoul Pal, contrasting that outlook, believes the […]
Australia previously offered Spot Bitcoin ETFs, traded not on the ASX but on Cboe Australia, with modest assets under management compared to US equivalents. It remains to be seen if growing interest in crypto ETFs will revive these products. In the Spot Bitcoin ETF market, the US offers low fees due to intense competition, while […]
Despite the latest decrease in the market cap, causing most altcoins to dip, SUI defied odd and posted an impressive gain overnight. Following the latest surge in volatility, it is leading the altcoins rally at the time of writing. After taking off from $0.37 late last year, SUI increased steadily for three months and reached […]
Major Bitcoin proponent Mow poked fun at Elon Musk and his Bitcoin criticism
Binance got a show cause notice by FIU after non compliance with Indian laws. Binance, which is one of the world's largest cryptocurrency exchanges, …
Amidst a challenging backdrop where the crypto spot market witnessed its lowest activity levels in over four years, the downturn created a daunting scenario for centralized exchanges and market makers, exacerbated by the collapse of Sam Bankman-Fried’s FTX in November 2022. This incident had a profound impact on investor trust in centralized entities, casting a […]
On Wednesday, January 10, the US Securities and Exchange Commission (SEC) finally approved the launch of spot Bitcoin ETFs, representing a remarkable event in US trading history. So far, market data on these investment funds have confirmed theories of increased institutional demand for Bitcoin, with over $800 million in total net inflows and $3.6 billion […]
Real battle emerges for bulls as SHIB on verge of adding zero
Similarly, cryptocurrency investment firm Mudrex, founded in 2018, is struggling to stay afloat in India. Due to regulatory compliances, it too has …
Following recent breakdowns of key support levels, Link bounced back a bit but finds it difficult to push above the $16 level. It initiated another leg down this week, aiming a lower price levels in the upcoming week. In late December, Link initiated a drop after failing to increase above the $17.67 level. After days […]
Macroeconomics guru Lyn Alden believes that the ongoing Bitcoin bull market is still intact as long-term holders refuse to sell even after BTC’s year-long rally. In a new interview on crypto influencer Natalie Brunell’s YouTube channel, Alden says that BTC is in the very early stages of its structural bull run. The macro guru highlights […]
TL;DR Solana’s native token SOL had a remarkable 2023, surging over 1,000% and exceeding $100. Analysts on Twitter, like Ali and JAKE, foresee potential SOL gains within the following months. Trader Alex Krüger suggests the possibility of a Solana ETF in the US next year, which could attract more capital into the ecosystem. Is SOL […]
Ethereum has staged a remarkable coup, outshining Bitcoin with a 14% surge in just two weeks. This week, the digital currency shattered a key psychological barrier, surpassing $2,600 for the first time since May 2022. This decisive breach, backed by strong fundamentals and an increasingly bullish sentiment, could pave the way for Ethereum’s ascent to […]
2024 has remarkably kicked off on high note with approval of spot ETF for Bitcoin
PooperScooper, the innovative wallet organizer that simplifies cryptocurrency management by converting unwanted assets into $BONK.
A closely followed crypto strategist believes that Bitcoin (BTC) is on the verge of a big rally to a new two-year high. Pseudonymous analyst Credible Crypto tells his 364,900 followers on the social media platform X that Bitcoin is primed for a bullish reversal. According to the analyst, BTC’s abrupt corrective move to a seven-day […]
Asset management titan Vanguard is further distancing itself from crypto after the launch of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US. The Pennsylvania-based firm now says both spot and futures Bitcoin ETFs will not be available on its platform even though other asset managers are rushing to offer their clients the new products. […]
Former Goldman Sachs executive Raoul Pal says that the crypto industry appears to be setting the stage for a bull run to new all-time highs. In a new ask-me-anything (AMA) session, the Real Vision chief executive and macro guru says that while he expects “chop” in the short term, he’s also anticipating that digital assets […]
The past few months saw ORDI through a massive rally as it returns over 15x in profits. Although the price retraced earlier this month but is now slowly bouncing back after holding the $63 level as support. ORDI recently paused bullish after witnessing notable growth since October 2023. It found support above the $60 level […]
Solana’s native SOL token was one of the best-performing crypto assets in 2023. The developer ecosystem of the Layer 1 network also showed consistent growth during the same period. In the same timeframe, the Solana ecosystem saw a notable increase in developer retention, jumping from 31% to more than 50% within a three-month timeframe. This […]
In the dynamic trading world where time is of the essence and you are looking for a combo of speed and low fees, the SEI Network is the fastest decentralized Cosmos-based L1 blockchain that is trading-based with the availability of decentralized exchanges (DExs). The SEI Network has been optimized to handle large volumes of transactions […]
Programs designed to help people and families that are strapped for cash are expanding across the US at a rapid rate. A city in California is now set to give away over a million dollars in free money to families via an expanded guaranteed income program. The expanded Long Beach Pledge Guaranteed Income Pilot is […]
Disgraced Terraform Labs founder Do Kwon is reportedly asking a judge to delay the U.S. Securities and Exchange Commission’s (SEC) trial to March so he can make an appearance. In a new letter addressed to the court uncovered by Inner City Press, Kwon’s lawyers ask District Judge Jed S. Rakoff to postpone the trial until […]
Shiba Inu had sustained above $0.00001 mark in early yesterday’s trading
China made clear its stance on cryptocurrency with a crackdown that began in late 2017. The Chinese authorities then and now view decentralized …
More US senators are demanding answers from the U.S. Securities and Exchange Commission (SEC) regarding Tuesday’s high-profile social media fiasco related to the approval of Bitcoin (BTC) exchange-traded funds (ETF). Senators Ron Wyden (D-Oregon) and Cynthia Lummis (R-Wyoming) wrote to the inspector general of the SEC on Friday requesting an investigation into the hack on […]
French banking giant BNP Paribas has reached a $658 million settlement with regulators to compensate customers who were not properly informed about risky mortgages. The loans in question were taken out in 2008 and 2009 in Swiss francs, which, especially during times of uncertainty, are often viewed as a safe haven currency. However, since the […]
DeFiance Capital CEO Arthur Cheong says he’s watching three altcoins that he believes are fulfilling crypto’s strongest narratives. In a new interview with the When Shift Happens YouTube channel, Cheong says that crypto and blockchain technology are primed to fulfill the needs that the fintech industry once catered to. “Crypto and blockchain are well positioned […]
WiseLending, a comprehensive financial services platform in the decentralized finance (DeFi) space, recently fell victim to a price manipulation attack, leading to a substantial loss exceeding $460,000. Distinguished as a one-stop-shop for DeFi financial services, Wise Lending is dedicated to simplifying yield generation while providing top-tier Annual Percentage Yield (APY) opportunities without compromising decentralization principles. […]
In a dramatic turn of events, Bitcoin prices plummeted Friday, erasing almost 10% of its value and dashing hopes of a sustained rally fueled by the highly anticipated launch of spot Bitcoin ETFs. The cryptocurrency, which had surged to a two-year high of $49,000 just a day prior, retreated below $42,000 as investors digested the […]