DeFi Researcher Questions Injective Protocol’s Appeal: Is INJ Overvalued?
www.newsbtc.com

Thor Hartvigsen, a data-driven decentralized finance (DeFi) researcher, is questioning the appeal of Injective Protocol, a layer-1 platform whose creators say is designed to expressly power finance. As of December 2023, INJ, the native currency of Injective Protocol, is one of the top-performing coins, surpassing Bitcoin (BTC) and Ethereum (ETH). Is Injective Protocol Undervalued Based On […]

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‘There Are Probably Larger Washouts Coming,’ Warns Top Crypto Trader As Bitcoin Stumbles
dailyhodl.com

A widely followed analyst and trader is issuing a warning on Bitcoin (BTC) after the flagship crypto asset corrected from the 19-month high reached last week. The analyst and trader pseudonymously known as The Flow Horse says that while the anticipated authorization of a spot Bitcoin exchange-traded fund (ETF) will trigger a price spike for […]

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Over $2,700,000 in Ethereum and Other Crypto Assets Stolen From OKX Decentralized Exchange in Hack: PeckShield
cryptonews.com.au

The decentralized exchange (DEX) OKX has suffered a security breach as a result of a compromised private key, according to cybersecurity firms. In a post on social media platform X, blockchain security company PeckShield says the exploit enabled the hackers to get away with $2.76 million worth of Ethereum (ETH), Tether (USDT) and USDC. “PeckShieldAlert […]

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Decentralized applications pause Ledger Connect as exploit fix deployed
cointelegraph.com

Ledger has since attributed the exploit to a phishing attack on a former employee.

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Family offices eye blockchain, <b>cryptocurrency</b> investments – The Standard (HK)
www.google.com

Mian Wong, advisory director of Grant Thornton Hong Kong, said that despite regulatory challenges globally for cryptocurrency companies, virtual …

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SEC Chair Gary Gensler Tells CNBC The Commission Is Taking A "New Look" At Spot Bitcoin ETFs
bitcoinmagazine.com

Gary Gensler, the current Chair of the U.S. Securities and Exchange Commission (SEC), hinted at a potential shift in the SEC’s perspective regarding spot Bitcoin exchange-traded fund (ETF) applications during an interview with CNBC. In the CNBC interview, Gensler disclosed that the SEC is actively reconsidering its approach to spot Bitcoin ETF applications. “And as […]

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$BONK Achieves a Remarkable Surge With Coinbase Listing Amidst Whale Interest
nulltx.com

In the realm of cryptocurrencies, $Bonk, a significant player within the Solana ecosystem, has become a subject of intense speculation, creating ripples in the cryptocurrency landscape. Over the past 24 hours, $Bonk has experienced an impressive surge of over 52%. Thereby, maintaining an upward trajectory for months and accumulating substantial gains of over 750% in […]

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Here’s Why the Cardano (ADA) Price is Up Over 70% in Two Weeks
cryptopotato.com

TL;DR ADA, Cardano’s token, has seen a 75% surge in the past 14 days, currently trading around $0.65, benefiting from the overall bullish trend in the crypto market. The global crypto market cap reached $1.7 trillion, suggesting a potential bull run, with Bitcoin surpassing $44,000 for the first time since spring 2022. ADA’s on-chain metrics […]

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The Great Wealth Transfer Could Inject up to $225,000,000,000 Into BTC and Other Crypto Assets: Mike Novogratz
dailyhodl.com

Galaxy Digital CEO and founder Mike Novogratz believes that a transfer of wealth to the next generation could inject $225 billion into Bitcoin (BTC) and other cryptocurrencies. Novogratz tells his 461,900 followers on the social media platform X that he believes that millennials are more inclined to invest in digital assets than baby boomers. “This […]

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Bitcoin To Explode From Fair Value to $100,000 Really Fast, Says Morgan Creek’s Mark Yusko – Here’s the Timeline
dailyhodl.com

Morgan Creek CEO and hedge fund veteran Mark Yusko says Bitcoin’s (BTC) rally to a six-figure price will happen at lightning speed. In a Wolf of All Streets interview, Yusko says that Bitcoin is currently below its fair value of $50,000. According to the hedge fund veteran, Bitcoin’s surge from its yet-to-be-reached fair value could […]

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Singapore's Court Investigates 3AC’s Co-Founder in $3B Legal Tussle
www.financemagnates.com

The Co-Founder of the collapsed crypto lending platform Three Arrows Capital (3AC), Su Zhu, has been questioned in a court in Singapore. This investigation, as reported by Bloomberg, marked a significant step in the search for a solution by the company’s liquidators seeking to recover $3.3 billion for creditors. This interrogation, which was conducted for […]

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Banking On Ethereum: JPMorgan Says Ether Will Rise Above Bitcoin In 2024
www.newsbtc.com

JPMorgan analysts, while maintaining an overall cautious stance on the cryptocurrency market, foresee Ethereum (ETH) surpassing Bitcoin (BTC) and other digital currencies in market price performance by 2024. This bullish outlook for Ethereum reflects a distinctive perspective within the institution, suggesting that the analysts see unique potential and favorable prospects for Ethereum relative to other […]

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CoinList agrees to $1.2M settlement over apparent US sanctions violations
cointelegraph.com

The crypto exchange processed 989 transactions for users in Crimea from April 2020 to May 2022, according to the Office of Foreign Assets Control.

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Whales Are Withdrawing Millions From These Altcoins. Should Investors Be Worried?
crypto-economy.com

The altcoin market has witnessed significant movements in the last 24 hours, with massive withdrawals of key cryptocurrencies from exchanges by several whales, which has significantly impacted their prices. In a report provided by Spot On Chain, it is revealed that around 3.02 million tokens of Worldcoin (WLD) have been removed from exchange platforms. Large […]

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These Are 10 Cryptocurrency Predictions for 2024 by Bitwise
crypto-economy.com

The company Bitwise, specialized in digital asset management, shared 10 cryptocurrency predictions for the upcoming year. Their forecasts cover various topics, ranging from Bitcoin, ETFs, and Ethereum to the possibility of NFTs from Taylor Swift. 2023 was a promising year for cryptocurrencies. Some experts consider it the end of the crypto winter, and 2024 is expected […]

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Farcana Raises $10 Million for NFT Esports Shooter That Pays Out Bitcoin
cryptonews.com.au

The Farcana team has raised $10 million in seed funding from Animoca Brands, Polygon Ventures, Fenbushi Capital, Merit Circle, and others to further develop its third-person multiplayer shooter game, Farcana has shared exclusively with Decrypt. Rarestone Capital, MMPro Trust, Unpopular Ventures, Kapo Capital, Emchain, Hasu Capital, and Dravus Investment also participated in the round. “We […]

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10 Best Bitcoin Stocks To Invest In – Yahoo Finance
www.google.com

… cryptocurrency investments is attributed [ … cryptocurrency exchange-traded fund (ETF) on a major U.S. exchange. At the same time, global …

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Ex-Goldman Sachs Executive Says He’s Long XRP After Pouncing on ‘Opportunity of a Lifetime’
dailyhodl.com

Former Goldman Sachs executive Raoul Pal says he’s betting on XRP. In a new interview with attorney John Deaton, the Real Vision chief executive says he bought the asset after the U.S. Securities and Exchange Commission (SEC) sued Ripple and claimed XRP was an unregistered security. “When you see something like that, it’s like, ‘Okay, […]

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SkyBridge Founder Anthony Scaramucci Critiques Jamie Dimon; Binance (BNB), Avalanche Crypto (AVAX) and Pullix (PLX) – Altcoin Stars To Shine
nulltx.com

Recently, SkyBridge founder Anthony Scaramucci criticized Jamie Dimon, CEO of JPMorgan. In his statements, he took a stance in favor of the crypto market, opposing Dimon’s skeptical views on digital currencies. Meanwhile, altcoins like Binance (BNB) and Avalanche Crypto (AVAX) ride bullish waves. One new ICO is also making headlines – Pullix (PLX). This Stage […]

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Ordinals and BRC-20 Are Not Displacing Normal BTC Transactions: Glassnode
cryptopotato.com

Ordinals critics are wrong in claiming that inscriptions – especially BRC-20 tokens – are a denial of service attack on regular Bitcoin (BTC) transfers, on-chain analysis suggests. According to lead Glassnode analyst James Check, the vast majority of Bitcoin block space today is still comprised of normal, monetary transactions – with inscriptions “stuffed into any […]

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Ripple Sells Millions of XRP as XRP Price Drops 7.3% — Losses Don't Matter?
u.today

Massive amount of XRP moved to Bitstamp from anonymous wallet, source says that it may be linked to Ripple fintech firm

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Web3 Unleashed: Bitget Wallet Partners with Linea for Ethereum Layer 2
www.financemagnates.com

Bitget Wallet, formerly known as BitKeep, a Web3 trading wallet, has recently unveiled a strategic collaboration with the Ethereum Layer 2 network, Linea. The partnership aims to propel the development and expansion of the Linea ecosystem, marking a step towards enhancing Ethereum’s usability. Bitget Wallet’s Integration with Linea Unveiled Bitget Wallet has integrated with the […]

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Crypto Analyst Reveals Uncanny Similarities In The Bitcoin Charts Of 2020 And 2023
www.newsbtc.com

A crypto analyst has revealed what seems to be one of the most uncanny similarities in two separate Bitcoin charts. The two charts taken from 2020 and 2023 show a very similar price trend, and the most important part is what happens if Bitcoin continues to follow this trend. Bitcoin Charts From 2020 And 2023 […]

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Ledger breach possibly affecting whole EVM ecosystem — Linea
cointelegraph.com

Wallet provider MetaMask was also affected by the incident. Ledger released a patch to resolve the issue but warned users to wait 24 hours before using its connector library again.

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The Cryptocurrency Market is Rising Sharply. Here’s Why
crypto-economy.com

The recent decision by the United States Federal Reserve to pause interest rates and hint at possible cuts in the coming year has sparked a wave of optimism among investors, impacting both traditional financial markets and the cryptocurrency market. Shares of prominent companies in the cryptocurrency sector, such as Coinbase and MicroStrategy, experienced notable increases […]

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A tale of two Silicon Valley Sams – Bankman-Fried and Altman | New Scientist
www.google.com

This was the year when the worlds of cryptocurrency and AI were both hit by drama, says Annalee Newitz.

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El Salvador’s ‘Volcano Bond’ Gets Regulatory Approval, Aims for Launch Early Next Year
dailyhodl.com

El Salvador’s groundbreaking Bitcoin (BTC) “Volcano Bonds” have received regulatory approval and are slated to roll out to the public in the first quarter of next year. The National Bitcoin Office (ONBTC) of El Salvador says the country’s Digital Assets Commission (CNAD) approved the bonds after nearly two years of delays. Pro-crypto El Salvador President […]

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Coinbase Adds Dogecoin Rival That’s Up 400% in Past Month to Altcoin Listing Roadmap
dailyhodl.com

Top US crypto exchange Coinbase is planning to list one red-hot Dogecoin (DOGE) rival. In a new announcement, Coinbase says it has added Solana-based (SOL) memecoin Bonk (BONK) to the platform’s “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets. The exchange created the roadmap last year to increase […]

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Solana Meme Token BONK Up 20% On News of Coinbase Listing
cryptonews.com.au

Solana’s hottest meme coin, BONK, has experienced 20% gains over the past few days as news of its Coinbase listing spreads. This forms part of a broader trend for the token, with BONK sky-rocketing 663% in the past month alone.  Proceed with caution though, as meme coins typically lack utility and are prone to wild […]

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Pivotal Moment for Crypto: New Accounting Rules Coming
cryptonews.com.au

US regulator issues new accounting standards for crypto, to come into effect December 2024, allowing crypto assets’ fair value to be recorded in company accounts. Current system only allows crypto losses to be recorded, potentially underestimating the value of institutional crypto holdings. Entrepreneur and Bitcoin bull Michael Saylor believes the new accounting standard will drive […]

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Why has Bitcoin price hit new all-time highs in Turkey, Egypt, Nigeria and Argentina?
cointelegraph.com

Bitcoin is proving its value as an inflation hedge and store of value by hitting repeat all-time highs in multiple currencies.

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Anticipating Massive Gains with Avalanche, Bitcoin Cash, BorroeFinance Pegged as Emerging Crypto Victors
nulltx.com

If you are an investor looking for the best crypto investments for massive ROI, look no further than BorroeFinance ($ROE), Bitcoin Cash (BCH), and Avalanche (AVAX). While AVAX and BCH are not new to savvy investors like you, BorroeFinance is just making its debut in the crypto industry. Keep reading to discover why investors are […]

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