A crypto whale is attracting attention for going on a massive buying spree, purchasing over $180 million in digital assets within days. According to the blockchain-tracking service Lookonchain, the deep-pocketed investor scooped up about $187 million in cryptocurrencies in three days, including Bitcoin (BTC), Binance ecosystem’s native token Binance Coin (BNB) and Ethereum (ETH). “It […]

Bitcoin rallied to its highest price in 2023 as the cryptocurrency jumped 2.87% to a high of $38,834 on Friday. The surge in Bitcoin's value marks …

Dogecoin has just completed another month in the green despite the various dips and turns that it took in November. This green monthly close marks its second consecutive green monthly after finishing out October in the green as well. With this trend now complete, let’s take a look at Dogecoin’s historical performance when it has […]

The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability.

Bitcoiners are blasting the British Broadcasting Corporation (BBC) following the outlet’s recent article discussing the blockchain network’s energy consumption. The public broadcaster cited a study claiming that every Bitcoin transaction consumes “a back yard swimming pool” worth of water, though critics say that the claim is based on “junk science.” Does Bitcoin Use Too Much […]

MicroStrategy is continuing to show its bullish stance on Bitcoin (BTC) by stacking up its holdings of the leading crypto asset by market cap. In a post on the social media platform X, MicroStrategy co-founder and executive chairman Michael Saylor says the business intelligence firm bought an additional 16,130 BTC in November. The company acquired […]

In a strategic move to foster blockchain innovation, KuCoin Ventures, the investment arm of the Seychelles-registered cryptocurrency exchange KuCoin, has announced a significant grant to The Open Network (TON) Foundation. The initial $20,000 grant marks the beginning of a partnership aimed at propelling the TON ecosystem to new heights. The TON Foundation, known for its […]

Collaboration totally changes manner in which Web2 banks can work together with cryptocurrency services

Bull runs are like wildfires: they need a combination of conditions to get started. A wildfire needs a long period of no rain, high temperatures and then high winds at the point of ignition. Yes – wildfires have been exacerbated by record methane emissions that Bitcoin helps mitigate, but that’s not what this article’s about: […]

The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison.

Recently, Binance, the world’s leading cryptocurrency exchange, executed the 16th batch of Terra Classic ($LUNC) burning. This resulted in the incineration of a staggering notable 3.9 billion LUNC tokens. This event, the first burn since the departure of former CEO Changpeng Zhao, has triggered remarkable shifts in the $LUNC market. Of course, as seen in […]

Cryptocurrency is a form of virtual or digital currency that uses cryptography for security. Unlike traditional currencies issued by governments (fiat …

For the last two years in the crypto market, it has paid off to be in Bitcoin versus altcoins. However, a new BTC dominance chart shows why the tides are about to turn in favor of altcoins. Bitcoin Crypto Market Dominance Remains Above 50% At this very moment, Bitcoin, the top cryptocurrency by market cap, […]

The Ronin crypto wallet mobile app has added a Binance Pay integration that allows users to directly import funds from Binance exchange accounts to their wallets, Ronin developers announced Friday. The new feature also means mobile users can automatically convert cryptocurrencies like Bitcoin and Ethereum into Ronin ecosystem tokens like AXS and SLP from Axie […]

Cryptocurrency analyst and trader Ali Martinez says that deep-pocketed investors are scooping massive amounts of Ethereum (ETH) scaling solution Polygon (MATIC). Martinez tells his 34,000 followers on the social media platform X that crypto whales bought up a whopping 120 million MATIC in the past seven days. “Polygon: recently, MATIC whales have been on a […]

AntPool – a prominent Bitcoin mining pool – has announced its decision to refund the staggering $3 million transaction fee that made headlines last week. The incident occurred when a user mistakenly submitted an 83 BTC gas fee, prompting AntPool’s risk control system to temporarily freeze the transaction during packaging. AntPool to Reimburse 83 BTC […]

Ethereum’s price rally toward $2,100 is driven by new developments in the layer-2 space and investors’ anticipation of a spot BTC ETF.

Which altcoins can keep rising until end of week?

Photo Credit: Dirección de Obras Municipales (DOM) President Nayib Bukele of El Salvador has been granted a special license allowing him to temporarily step down from his presidential role to pursue a second term in the country’s upcoming elections on February 4, 2024. This move aligns with a 2021 Supreme Court ruling and the constitutional […]

The Starknet Foundation, responsible for the development and oversight of Ethereum layer two, has announced plans for an airdrop of the STRK token. This news comes after the leak of possible eligibility criteria on social networks, generating expectations and caution in the blockchain community. According to official statements, the airdrop of STRK tokens will be […]

The short-lived NFT boom has massively impacted the cryptocurrency market which is now scarred by controversies and market collapses. Binance has been …

Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated.  According to a former mobster turned federal informant, Gene Borrello, who shared a prison cell with Bankman-Fried, the disgraced crypto executive was placed on suicide watch and endured […]

New on-chain data reveals that tens of billions of dollars worth of digital assets are currently sitting within the reserves of crypto exchange platforms Binance, Bitfinex and OKX. Citing information from crypto data aggregator DeFi Llama, blockchain tracker Lookonchain says that Binance holds $66.91 billion worth of crypto assets while OKX and Bitfinex hold $12.41 […]

The ringleader of a Miami-based crew that defrauded banks out of millions of dollars has been sentenced to over five years in prison. In a new press release, the U.S. Department of Justice (DOJ) says that Miami resident Esteban Cabrera Da Corte has been sentenced to 63 months in prison for masterminding a scheme that […]

The past week has witnessed a downward trend for DYDX, with a decline exceeding 10%, and recent whale activity has contributed to this negative sentiment, especially following the token unlock event today. A substantial amount of 150 million $DYDX ($505.5 million), constituting 81.63% of the circulating supply, was unlocked just hours ago. Among this, 83.19 […]

rallied about 9% in November, with $38,000 proving to be a difficult obstacle to cross. Buyers have repeatedly tried to maintain the price above $38,000, but the bears have held their ground. Historically, December has been a mixed month. Coinglass data shows that in the past five years, Bitcoin rose only in 2020, but the […]

As Bitcoin ETF decision deadlines loom, there’s growing interest in figuring out when, exactly, the U.S. Securities and Exchange Commission will make its announcement. There’s a handful of spot Bitcoin ETF applications pending with the regulator. The SEC missed another window for a decision, choosing instead to extend all of its deadlines. But but there’s […]

The Swiss crypto bank SEBA Bank AG has rebranded to AMINA Bank AG. This move, which was announced on November 30, 2023, has been described by the company as a new era of potential growth for its clients globally. Franz Bergmueller, the CEO of AMINA Bank AG, mentioned in a statement on Businesswire: “While we […]

Tether will build renewable energy facilities in Uruguay and El Salvador, the new CEO told Cointelegraph.

A recent report from Grayscale Investments revealed an unexpected diversity in Bitcoin (BTC) ownership, with 74% of addresses holding less than 0.01 bitcoin, equivalent to approximately $380. Grayscale’s research dispels the inaccurate public belief that Bitcoin is predominantly owned by a few individuals, revealing around 40% of BTC’s supply is concentrated among institutions like exchanges, […]

Surging 4% this week, Dogecoin’s bullish behavior, fueled by strategic buybacks and substantial withdrawals, takes center stage as DOGE-1 lunar mission secures regulatory approval

In a move toward bridging traditional financial systems with the burgeoning world of Bitcoin, TBD, a branch of Block specializing in decentralized technology, unveiled its open source protocol, tbDEX. The protocol, designed to foster trust and liquidity across diverse financial landscapes, has seen its first adoption by Yellow Card, Africa’s leading cryptocurrency exchange, according to […]