Venus Protocol, a prominent lending market on the BNB Chain, has denied allegations of a major security breach over the past weekend. These speculations initially suggested a $54 billion exploit, as blockchain security firm SlowMist reported. Venus Protocol Refutes Claims of Major Exploit Brad Harrison, the Head of Venus Labs, addressed these concerns on December […]

Tether, the largest stablecoin issuer, is taking “proactive steps” to align its services with US sanctions policies and has announced a new “voluntary wallet-freezing policy.” Although Tether did not reveal any numbers in last week’s announcement, Coindesk reported that the platform froze 41 wallets linked to persons and entities listed on the Office of Foreign […]

Solana surged toward $80 before the bears appeared. SOL price is now correcting gains but the bulls might remain active near the $65 support. SOL price started a major rally above the $65 resistance before the bears appeared against the US Dollar. The price is now trading above $65 and the 100 simple moving average […]

What BlackRock wants, BlackRock usually gets. This time, the cryptocurrency industry sure hopes so.

Today, US Senator Elizabeth Warren introduced legislation to address her concerns surrounding the alleged misuse of digital currencies in illicit activities, citing money laundering, drug trafficking, sanctions evasion, and more. The bill, supported by a coalition within the Banking Committee, marks a significant push for increased oversight and regulation within the Bitcoin and cryptocurrency sphere. Citing […]

BTC price momentum started in October and helped the world’s top cryptocurrency make significant strides, gaining nearly $10,000 in the past month.

Crypto billionaire and actor Brock Pierce says that a Bitcoin (BTC) bull run is likely underway – one that could see it reach new all-time highs. In a new interview with CNBC, Pierce says that every time the top digital asset by market cap has a real bull run, it “blows the top off” and […]

When Bitcoin and Ethereum fall, so too do most other major cryptocurrencies. That’s true again today with most prominent gaming tokens as the market tumbled beginning late Sunday. But Immutable’s IMX token is the one big exception, bucking the trend while continuing its recent rise. The broader market may be down about 5% over the […]

In the midst of the current bearish trend gripping the crypto market, $MATIC has faced a decline of over 5% in the last 24 hours, mirroring the broader market sentiment. Notably, the token’s trajectory has been influenced by substantial movements from key players, namely LayerX Capital and two whales identified as 0x2e9 and 0xdb6. According […]

Ethereum has not yet shown market that it leads altcoin pack

The Financial Intelligence Unit (FIU) in Cyprus is expecting a rise in Suspicious Transaction Reports (STRs) for cryptocurrencies following the island’s adopted regulations for the digital asset industry. The Cyprus Securities and Exchange Commission (CySEC) introduced the directives to regulate the activities of Crypto Asset Service Providers in 2021. The First Report from the Cypriot […]

Investment products related to digital assets experienced inflows amounting to $43 million last seven-day period, marking the 11th consecutive week of such positive movements. However, this figure represents a noticeable decrease compared to previous weeks. According to CoinShare’s latest report, the recent rise in prices has prompted a significant influx into short positions, as some […]

Over the past 24 hours, the cryptocurrency market has witnessed Bitcoin consolidating its position in the digital financial space. Amidst a wider cryptocurrency selloff, Bitcoin offered yet another example of its infamous volatility, plunging sharply toward the $40,000 region. The leading cryptocurrency saw an 8% decline to $41,900 before reversing part of the losses and […]

Bitcoin price is down today due to excessively overbought conditions and miners offloading some BTC.

The XRP cryptocurrency today stirred guesswork within the broader crypto market as the price down surged amid whale activity.

This whale executing large-scale trades that precariously dance with Ethereum’s price fluctuations

The Ethereum (ETH) price reached a new yearly high of $2,403 on December 9 but has fallen sharply since. The price is approaching a critical horizontal support area. Will it bounce or break down? Ethereum Drops After Yearly High The Ethereum (ETH) price has increased quickly since the start of October. It broke out from […]

Investors are swiftly withdrawing their assets from the cryptocurrency exchange HTX (formerly Huobi) after the exploit on November 22 that forced the exchange to halt services and incurred a loss of $30 million. Between November 25, when HTX resumed services, and December 10, the exchange witnessed a significant net outflow of $258 million, as reported […]

The Argentine president, inaugurated on Dec. 10, has promised to disband the country’s central bank but hasn’t made any official commitment to introduce Bitcoin-friendly legislation.

A closely followed crypto trader believes that the smart contract platform Solana (SOL) is not yet done rallying. Pseudonymous analyst The Flow Horse tells his 191,100 followers on the social media platform X that Solana bulls continue to accumulate SOL regardless of price. With heavy buying activity, the top trader believes that SOL is gearing […]

The Ethereum price has been among the worst hit in the flash crash that took place on Monday. The crash sent the asset’s price down below $2,200 for the first time in the last week and has continued to trend low around this point. As the market shows a bit of recovery momentum, questions remain […]

According to research by Bybit, institutional traders have expressed a significant bullish sentiment towards Bitcoin, mixed sentiments regarding Ether, and a general air of skepticism towards altcoins. From December 2022 to September 2023, the study provides an insightful look into trading behaviors and asset allocation amidst significant market fluctuations. Institutional Traders Favor BTC, Moving Away […]

… to adopt Bitcoin as a legal tender, El Salvador has taken another big step towards promoting cryptocurrency.

Cardano breaking resistance after resistance, which made it one of strongest assets in top 10 of crypto market

Google has announced updates to its cryptocurrency-related advertising policy, permitting ads for crypto trusts starting January 29, 2024. This change aligns with the anticipated approval of spot Bitcoin exchange-traded funds (ETFs) in the United States in the same month. Google’s Global Crypto Ad Policy: Compliance and Certification Google clarified that the policy applies globally and […]

Bitcoin’s sharp price drop from $44,000 has all the makings of a buy-the-dip scenario after leveraged longs get flushed out.

The crypto markets are witnessing a massive surge in liquidations amid Bitcoin’s (BTC) correction down to a key psychological level. The latest data from the crypto data aggregator Coinglass shows that 119,302 traders were liquidated in the last 24 hours to the tune of $409.80 million. In the past day, Bitcoin dropped to a low […]

The chief strategy officer of market intelligence firm CoinShares says that blue-chip traders are still waiting in the wings as crypto launches its “most hated rally.” In a new interview with CNBC Television, CoinShares executive Meltem Demirors says that institutional investors are still waiting on the sidelines along with a lot of retail traders. “There […]

During Asian trading hours, the crypto market experienced a significant downturn. The total market capitalization of all cryptocurrencies fell by 5%, dropping to $1.57 trillion. Bitcoin, the largest cryptocurrency by market cap, decreased its price by nearly 7%. Other leading cryptocurrencies, including Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), Dogecoin (DOGE), and Shiba Inu (SHIB), […]

Cybercriminals strike again against platforms, and the exchange HTX (formerly known as Huobi) was once again the focus of a series of attacks that raised concerns in the digital financial community. Following a hack in November, where the platform lost around $30 million in crypto assets, investors opted to withdraw their funds massively, putting an […]

During the past week, Solana-based memecoin Bonk has emerged as the standout performer among rivals. The digital asset saw a remarkable 150% increase in value, surpassing the gains of Dogecoin, Shiba Inu, Pepe, and Floki Inu, ultimately reaching an all-time high. This price movement has pushed it to the third-largest dog-themed memecoin by market capitalization […]

Among the top 10 cryptocurrencies this week, Avalanche (AVAX) is in the lead after rising by more than 60% in the last seven days. Its price has risen to $36, placing it in the top 10 digital assets in terms of market capitalization. AVAX prices have been trending higher, which has helped many holders realize […]