The price of Bitcoin surged this week, touching highs not seen since the 2021 bull run. But will it last? News has dropped that a U.S. bankruptcy judge granted bankrupt crypto lender Genesis permission to sell $1.6 billion in Grayscale Bitcoin Trust (GBTC) shares. The idea is to pay back creditors waiting on their cash […]

Nearly two years after Bored Ape Yacht Club creator Yuga Labs made the very public suggestion that the ApeCoin DAO—the community of holders that governs the token—should consider launching its own chain to avoid Ethereum mainnet fees and hiccups, the so-called “ApeChain” is finally coming. And it’ll run on Arbitrum tech. On Wednesday, ApeCoin DAO […]

A recent phishing scheme has rocked the Beam network, resulting in the loss of a significant amount of its native cryptocurrency, BEAM. According to a report from on-chain source Spotonchain, 181 million BEAM tokens, valued at $4.63 million, were lost on February 15th.  The target of the scheme was Kirill.eth, an address associated with Convex […]

Can the rise of Ethereum (ETH) continue until the end of the week?

XRP supporter and lawyer John Deaton is reportedly considering challenging Massachusetts Democrat Senator Elizabeth Warren in the coming 2024 US Senate elections. The Boston Globe reports that Jim Conroy, campaign manager and political adviser of former Massachusetts Gov. Charlie Baker, is consulting with Deaton on the possibility of him joining the senatorial race as a […]

Cybercriminals are turning to cross-chain bridges to move illicit funds, according to market intelligence platform Chainalysis. Cross-chain bridges enable users to transfer crypto assets from one blockchain to another. In a new report, Chainalysis says the amount of crypto that bridge protocols received from illicit addresses increased from just $312.2 million in 2022 to $743.8 […]

South Korea’s crypto landscape was dominated by Upbit for the longest time. However, there seems to be a shift underway as Bithumb gains momentum, gradually capturing Upbit’s market dominance. The latest development surfaces amid intensifying crypto trading activity in South Korea, particularly with the surge in Bitcoin trading. Bithumb’s Market Share Peaks at 72% Crypto […]

A cryptocurrency mining facility is being built in Muskogee. Leaders with Port Muskogee say it represents a $100 million investment and will bring …

A technical indicator shift has sparked predictions of an imminent altcoin surge, with one analyst on X forecasting gains as sharp as those posted in 2017 and 2021. This Technical Indicator Just Shifted To Green Taking to X, the analyst said this optimism follows a change in the Gaussian Channel, a technical indicator used to assess market […]

TL;DR Bitcoin options expiry: 21,150 contracts worth $1.1 billion are set to expire today, which could cause increased volatility in the Bitcoin market. $50,000 strike price: This is the most significant price level, with 15,766 calls and a notional value of $822 million. The put/call ratio is very low, indicating a strong bullish sentiment. Other […]

TL;DR Bitcoin ETFs are predicted to become a popular choice for US pension plans, with traditional financial players like BlackRock and Franklin Templeton entering the cryptocurrency market through these funds. Over $4 billion has already flowed into the eleven-spot Bitcoin ETFs approved by the SEC, and Geoff Kendrick of Standard Chartered expects a transformation in the US […]

The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners requiring data related to energy consumption and configuration of their mining sites. According to one of the letters posted on social media, miners have until February 23 to report the info regarding the activities carried […]

How long is bull run of Bitcoin (BTC) going to last?

JPMorgan Chase is refusing to reimburse a customer after con artists pretending to represent the bank stole $14,000 from her account. Florida resident and veterinarian Shawna Green says it all started with a phone call that appeared to be from Chase customer support, reports the ABC-affiliated news station WFTS-TV. The number looked legitimate and her […]

A decentralized crypto exchange plans to upgrade to a new version after Ethereum’s (ETH) Dencun update rolls out in March. In a new announcement, the Uniswap Foundation, the team behind digital asset exchange Uniswap (UNI), says that the protocol’s fourth version is slated to launch sometime during Q3 of 2024., according to a shared launch […]

The man who would have the world believe he was pseudonymous Bitcoin inventor Satoshi Nakamoto, litigious computer programmer Craig Wright, brought personal witnesses to trial on Friday to help back his claim. The lineup included three people: Wright’s patent lawyer, his ex-co-worker, and his younger sister. “He would dress up in full swords and do […]

Worldcoin (WLD), backed by Sam Altman, has experienced a significant surge in value, witnessing a remarkable increase of over 35% today.  The sudden uptick in price can be attributed to a recent whale accumulation, resulting in substantial profits for investors, according to insights from Spot On Chain, a prominent crypto analytics firm. Reports indicate that […]

Polaris Technologies is opening a cryptocurrency mining facility in Muskogee, where the $100 million investment will bring dozens of tech jobs to …

In just over a month since their approval by the US Securities and Exchange Commission (SEC), Bitcoin ETFs have swiftly gained traction in the market, posing a formidable challenge to the long-standing dominance of gold ETFs. Bitcoin ETFs Gain Ground on Gold ETFs The rapid rise of Bitcoin ETFs has led to a convergence in […]

A 51% attack occurs when a single network miner or group of miners controls more than half of a blockchain network’s hash rate. Theoretically, this would enable the attacker to block transactions from taking place in the blockchain, alter the sequence of new transactions, and potentially revert past transactions (referred to as “double spending”) by […]

The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer one (L1) blockchain technology of Aptos in tandem with Jambo’s dedication […]

A widely followed crypto analyst is taking a deep dive into Bitcoin’s (BTC) market rally, laying out his expectations for the crypto king. In a lengthy new post, crypto trader Michaël van de Poppe attempts to answer the following question for his 693,700 followers on the social media platform X. “Bitcoin rallies to $50,000 and higher, […]

Ethereum (ETH) competitor Cardano (ADA) witnessed an explosion in total value locked (TVL) in the last quarter of 2023, according to the crypto analytics firm Messari. In a new quarterly report, Messari notes that Cardano’s TVL set an all-time high of $449 million on December 14 and increased 166% in Q4 compared to the previous […]

TL;DR Recent research has found that launching attacks on Bitcoin and Ethereum, two of the world’s leading cryptocurrencies, is economically unfeasible due to the high costs of procuring the necessary computational resources. The study revealed that a 34% attack on the Ethereum network would require an estimated investment of $34.39 billion, and gaining control over the […]

TL;DR Interest in Ethereum perpetual futures hits record high on Deribit and other exchanges, surpassing $10.1 billion. Ethereum futures funding rate on Deribit increases since February, indicating increased demand for long positions and bullish sentiment towards the asset. Expectations of Ethereum ETF approval by SEC and Franklin Templeton application drive Ethereum interest and price. Interest […]

Uniswap Foundation has announced incoming Uniswap V4 engine

As if dating wasn't difficult enough already! Cryptocurrency scams target people on popular dating sites and apps, such as Tinder.

According to the blockchain analytics platform Lookonchain, a crypto trader suffered a phishing attack that swooped over 180 million BEAM tokens on Wednesday and affected the token’s price. 180 Million BEAM Tokens Stolen In an X (former Twitter) post, Lookonchain exposed a new crypto scam that had occurred on February 15. As the analytics platform […]

Skybridge Capital founder Anthony Scaramucci is doubling down on his “conservative” six-figure price prediction for Bitcoin (BTC). In a new interview with Bloomberg Television, the hedge fund veteran says that he continues to believe that the crypto king could hit a cycle top of at least $170,000 months after the halving event in April which […]

Bitcoin is booming, investor interest in BTC derivatives is fast approaching an all-time high, and crypto exchanges are reaping the benefits of a surge in Bitcoin trading activity. So why has Binance already arrived at the seemingly urgent “free car giveaway” stage of business development? On Friday, the crypto exchange announced its Futures Ultimate Challenge, […]

The crypto market is, once again, filled with enthusiasm as it resumes its bull run. While many cryptocurrencies are raking in profits for investors, Hedera (HBAR) and Stacks (STX) stand out for their impressive gains. Notably, both cryptocurrencies have registered substantial gains surpassing 10% in the past week alone with Stacks surging as high as […]

US banking giants are writing a joint letter to the U.S. Securities and Exchange Commission (SEC) arguing for spot Bitcoin (BTC) exchange-traded fund (ETF) custodianship. The letter, which was sent on Valentine’s Day by four industry leaders, addresses SEC Chairman Gary Gensler and asks him to modify a law passed in 2022 (SAB No. 121) […]