A man in Australia has reportedly disappeared after a crypto exchange mistakenly sent his account more than $585,000. According to a new Australian Broadcasting Corporation (ABC) report, cryptocurrency trading platform Rhino Trading Pty Ltd, which operates OTCPro, allegedly slipped up and added a zero to an account deposit made by 37-year-old Mildura man Kow Seng […]

Three Ethereum (ETH) whales abruptly withdrew more than $64 million worth of the second-largest digital asset from a pair of centralized exchanges in a matter of days, according to the crypto tracker Lookonchain. Lookonchain reports that one whale withdrew 14,632 ETH worth $45.5 million from Binance over six days. The whale subsequently staked all of […]

PRESS RELEASE. Road Town, BVI, February 27, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of beoble (BBL) on February 28, 2024. Users of LBank Exchange can brace themselves for the BBL/USDT trading pair, which will go live […]

Bitcoin Spot ETFs are gunning for a new record after an incredible start to the new week. The price of BTC has risen 8% in the last day, and this has caused euphoria in the market. There could be a number of factors behind this; however, institutional investors seem to be playing a big role […]

RektCapital predicts the end of profound pullbacks for Bitcoin, indicating the start of a pre-halving rally and approaching its all-time high against the AUD. Despite the ongoing rally, a final pre-halving correction is expected within 50 days before the halving event, which traditionally reduces new Bitcoin supply and potentially leads to a bull run. The […]

Bitcoin’s price surge to over $53,000, its highest since December 2021

The Estonian Tax and Customs Board Feb. 22 explained the taxation and declaration of income from cryptocurrency. The announcement explains that: …

Former Goldman Sachs executive Raoul Pal believes Ethereum (ETH) is gearing up for a massive breakout against Bitcoin (BTC). Pal says on the social media platform X that the Ethereum versus Bitcoin ratio (ETH/BTC) is on the verge of breaking above the diagonal resistance of a massive wedge on the weekly chart. “The ETH/BTC chart […]

A top analyst at the investment giant Fidelity thinks Bitcoin (BTC) is primed to take market share from gold. Jurrien Timmer, Fidelity’s director of global macro, shares a chart on the social media platform X that examines the value of “monetary gold.” The term refers to the gold that’s explicitly held by central banks and […]

TL;DR Mike Novogratz, CEO of Galaxy Digital, projects sustained growth of Bitcoin as a store of value, supported by growing institutional and retail acceptance. The launch of Bitcoin ETFs in the United States represents a significant step forward for mass cryptocurrency adoption and promises to boost demand for Bitcoin in the market. Regulatory challenges in […]

TL;DR RiskOnBlast Vanishes: The gambling and exchange platform RiskOnBlast, based on the Blast layer-2 ecosystem, has disappeared, allegedly taking with it over 420 ether. This is suspected to be the first rug pull on Blast. Funds Transferred: The funds raised from over 750 wallets were found to have been transferred in large amounts to various […]

Algotech (ALGT) was designed as a decentralized algorithm trading platform that leverages new technologies like AI, Machine learning, and Data analysis to improve the trading space. Trading is purely psychological, and this has reduced the statistical advantage traders have built over time. With the introduction of unique algorithm trading systems, Algotech is able to improve […]

Solana-based investment products had seen steady inflows throughout the year after intensive performance and reliability improvements. However, investor confidence took a hit due to a network outage lasting five hours earlier this month, caused by a bug that caused transactions to enter an infinite loop, thereby impacting the network’s functionality. Solana’s Troubles Continue Among altcoins, […]

Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explained why it is moving to dismiss the case. “Crypto innovators in the United States should not have to fear retaliation for their political speech. They should be free […]

Braiins, a leading mining pool in the Bitcoin industry, has made a significant stride by becoming the first mining pool to introduce Lightning payouts. This pioneering move marks a notable advancement in the integration of the Lightning Network (LN) within the mining sector. Introducing Lightning payouts ⚡️ We are excited to be the first mining […]

On-chain data shows the Bitcoin supply in profit has reached levels that led to some tops in the past, like the peak of the April 2019 rally. Bitcoin Supply In Profit Has Shot Up Following BTC’s Latest Run As pointed out by an analyst in a CryptoQuant Quicktake post, Bitcoin supply in profit has hit […]

Can traders expect upward move of Cardano (ADA) and Solana (SOL) shortly?

Notcoin: A Playful Revolution in Cryptocurrency Engagement. In the dynamic landscape of digital tokens, envision a unique scenario where millions of …

Bitcoin’s big start to the week is triggering a massive amount of liquidations across the crypto markets. At time of writing, Bitcoin is trading at $53,584 while Ethereum changes hands for $3,152, prices not seen since November of 2021. According to crypto data aggregator Coinglass, $182.33 million in liquidations have rocked traders on Binance, Bybit, […]

A top analyst who nailed the end of Bitcoin’s (BTC) 2021 bull market thinks that one artificial intelligence (AI)-related altcoin is gearing up to rally to a fresh record high. Pseudonymous analyst Pentoshi tells his 756,300 followers on the social media platform X that he’s bullish on the native asset of Render (RNDR), a crypto […]

A common chant from many in this space these days in response to any discussion of changes to the Bitcoin protocol is “Don’t mess with Layer 1! You can just build it on Layer 2!” This seems like a very logical thing to do, right? Why risk the security and stability of L1 when you […]

With the price movement of Bitcoin becoming less volatile and the markets becoming unstable once more, some people think a crash is imminent for BTC, while some believe and anticipate a potential for further upward surge. New All-Time High For Bitcoin Is Within An Arms Reach In a recent development on the social media platform […]

TL;DR Funds outflow of $56.5 million from BitForex hot wallets on February 23. Abrupt stop of withdrawal processing without official communication from the team. BitForex CEO resigns a month before the events, increasing uncertainty about the direction of the exchange. Recently, alarm bells have been raised in the cryptocurrency world due to a series of […]

Chainlink slipped slightly this week from a brief consolidation phase but later found support after retesting the monthly breakup level as support. The price is now facing up, charging for a fresh increase on the day.  After breaking out of an accumulation phase to touch $20.8 last week, Link traded quietly and consolidated at around […]

According to attorney Scott Johnsson, the U.S. Securities and Exchange Commission (SEC) may greenlight an Ethereum (ETH) spot ETF as soon as May 2024. Johnsson estimates that approval could be expected by mid-2025 if this timeline is unmet. Spot Ethereum ETF Approval May Follow BTC’s Timeline In his post on X, Johnsson highlighted the SEC’s […]

Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication with users. No Official Word From the Bitforex Team On Feb. 23, Bitforex, a cryptocurrency […]

Digital assets manager CoinShares says institutions poured $598 million into crypto investment products last week for a fourth consecutive week of inflows. In its latest Digital Asset Fund Flows report, CoinShares says that year-to-date inflows for crypto investment products are nearing the $6 billion mark. “Digital asset investment products saw weekly inflows totaling US$598m, marking the […]

US prosecutors are pushing for former Binance CEO Changpeng Zhao to give up his passports and remain in the country for the duration of his trial. According to a court filing, prosecutors want Zhao to notify the courts at least three days in advance before doing any traveling within the US. They are also requesting […]

Bitcoin’s resilience shines through as Coinbase records staggering $205.3 million BTC withdrawal

Cryptocurrency enthusiasts are cautiously observing the imminent unlocking of over $200 million in SUI, OP, and ZETA tokens. The development is …

One analyst on X is concerned about the long-term sustainability of Worldcoin (WLD), a project aiming to build a universal digital identity system. While acknowledging the project’s innovative approach and recent upswing that has seen WLD more than 4X, the analyst thinks “Worldcoin will end in tears.” FDV Versus Market Cap Soars Doubt: A Massive Price Dump […]

Image: Tiffany Fong/Twitter Illustration by Mitchell Preffer for Decrypt Just when you thought the world was ready to forget the catastrophic collapse of FTX and the conviction of its once-untouchable founder Sam Bankman-Fried, a photo of the incarcerated former executive along with a handful of other prisonmates hit Twitter, thanks to Tiffany Fong. First photo […]