TL;DR Bitcoin supply on exchanges is at a 5-year low of around 2.29 million BTC. The percentage of BTC supply on exchanges has decreased from 5.99% to 5.73% since September 1st, indicating decreased selling pressure. Whales have been accumulating BTC, controlling over 66% of the circulating supply, and the top 1% of Bitcoin addresses own […]
Over the last month, a number of XRP price predictions have dominated crypto headlines. Some of these predictions have been greatly exaggerated, but there have been some that have come up on the more realistic side. Whether or not these XRP price predictions have been probable, there are some merits to actually paying attention to […]
Many see music as the next frontier of blockchain adoption, and musician Vérité reveals what a fan-first approach to Web3 looks like.
Web3 security company Beosin EagleEye says that there was a drastic increase in illicit crypto activities during the third quarter of 2023. In the July to September quarter, the “total losses from hacks, phishing scams, and rug pulls in Web3 reached $889.26 million” with hacks or major attacks constituting about 60% of the losses, according […]
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Crypto whales have been capitalizing on the recent industry swings and positive macro events to scoop some altcoins for potential gains in October 2023. On-chain analysis beams the spotlight on 3 mega-cap cryptocurrencies that are whales buying. The crypto markets have reacted positively to vital macro events, including the recent Fed rate pause and Ethereum […]
Cryptocurrency assets experienced inflows for the first time in six weeks during the week of Sep. 22-28, according to the latest Digital Asset Fund Flows Weekly Report from European digital assets management firm CoinShares. Bitcoin was the biggest gainer with inflows in the amount of $20.4 million for the week. Good week, everyone. Here are […]
Chainalysis has announced a significant reduction in its workforce. The company cited the ongoing challenges in the crypto market as the primary reason for the cuts. Second Round of Layoffs in 2023 Reflects Crypto Bear Market Impact The firm confirmed the workforce cut on October 3. It made the difficult decision to part ways with […]
… cryptocurrency, faces the start of a criminal trial over allegations that he cheated thousands of customers. Jury selection begins Tuesday in New …
XRP price might have struggled to leave the $0.50 range over the last several months, even despite a victory in Ripple’s case with the SEC. But all that could change in Q4 2023, as the fourth quarter of the year is historically the most bullish for the altcoin. With this in mind, let’s dig into […]
In the exciting world of DeFi, everyone is looking for great returns on their investments. Enter REYIELD Finance, a game-changer that, when combined with Uniswap v3, presents more than 261.8% in potential annual returns. This huge number is turning heads and getting noticed by DeFi fans and experienced investors around the world. REYIELD Finance is […]
A crypto strategist believes Bitcoin (BTC) will skyrocket and trend towards a new all-time high after a crucial level is shattered. In a new strategy session video, crypto analyst Kevin Svenson tells his 70,600 YouTube subscribers that once Bitcoin flips a key 2021 price level into support, the king crypto will likely spark a massive […]
Friend.tech has continued to thrive since its launch in the second week of August. The platform has managed to hit a series of new highs despite several analysts predicting its imminent downfall. Friend.tech has achieved new highs with respect to its overall revenue growth as well as the total value locked on the platform. As […]
Blockchain data firm Chainalysis Inc. has implemented a new wave of layoffs, impacting approximately 150 (15%) of its workforce. This strategic move by the company is attributed to prevailing market conditions, highlighting the challenges and adjustments within the blockchain sector. According to an email sent by CEO Michael Gronager, the decision to downsize underscores the […]
Can developments in computing help fix blockchain gaming’s quality problem?
Crypto.com introduces new trading options for its users, with tokens like Shiba Inu (SHIB), Litecoin (LTC), Bitcoin Cash (BCH), Cosmos (ATOM) and Stellar (XLM)
Coinbase, one of the world’s largest Bitcoin and crypto exchanges, has received approval from the Monetary Authority of Singapore (MAS) to offer Bitcoin buying and selling services to both retail and institutional investors in the country. This milestone makes official Coinbase’s expansion into the Singaporean market, which has been gradually embracing Bitcoin as an investment option. […]
Sam Bankman-Fried, a former cryptocurrency executive, is facing multiple fraud charges following the bankruptcy of his company FTX. He is seeking to limit the government’s use of several witnesses, including company investors and a Ukrainian customer affected by the exchange’s collapse. This request comes just hours before his trial is set to begin. Defense Calls […]
Cryptocurrency enthusiasts are always on the lookout for the next big thing, and presale opportunities offer an exclusive entry into promising …
Bitcoin price extended its increase toward the $28,500 resistance. BTC corrected gains and is currently holding a key support at $27,350. Bitcoin climbed further higher above the $28,000 and $28,200 resistance levels. The price is trading above $27,400 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support […]
Sam Bankman-Fried’s legal team is attempting to block certain investors and insiders from testifying at the crypto outcast’s highly publicized fraud trial. According to a letter sent from the former FTX executive’s legal representatives to Judge Lewis Kaplan, certain investors and witnesses should be kept from going on the public record because the motion to […]
The global central bank umbrella organization has successfully completed a cross-border trading experiment using central bank digital currencies (CBDCs) and decentralized finance (DeFi) technology. The Bank for International Settlements (BIS) worked with the central banks of France, Singapore and Switzerland to test the effectiveness of cross-border trading and settlement of “wholesale” CBDCs (referred to as […]
price bull run towards $28,000 on Oct. 1 was partially fueled by the uncertainty regarding the United States debt limit. However, the U.S. President Joe Biden signed the spending bill just hours before the Sept. 30 deadline, avoiding a government shutdown. Investors now question if the momentum remains favorable for cryptocurrencies given that the worst-case […]
The crypto market is buzzing with anticipation as Ether (ETH) futures ETFs launch in the US for the first time. Investors and traders are keen to discover how this financial instrument could influence Ethereum’s price – with some speculating that it could push the token’s value over the $2,000 mark. While Ethereum remains the talk […]
BTC price has various reasons to return to $20,000, from a “head and shoulders” pattern to a FUD-induced cascade, Bitcoin analysis warns.
There was a lot of anticipation and hype around the launch of nine new Ethereum futures exchange-traded funds (ETFs). On the contrary, very little of this hype has been converted into investment. The Ethereum (ETH) futures ETF products noticed considerably low trading volumes on the first day of launch. The futures ETFs were launched on […]
Is rate of Binance Coin (BNB) ready for local rise?
Nine years ago today, Wikileaks founder Julian Assange made his most substantial public remarks on the nature of Bitcoin, a then five-year-old project that had just broken into the financial mainstream by passing $1,000 the year prior. At that time, Assange was not new to Bitcoin. In fact, Wikileaks had discussed accepting Bitcoin since as […]
Crypto markets are spiking as the launch of three major Ethereum (ETH) futures exchange-traded funds (ETFs) debut. Announcements today from VanEck, ProShares and Bitwise confirm the launches of futures ETFs based on the price of ETH. Says ProShares’ CEO Michael L. Sapir, “We have seen substantial demand from investors for access to the performance of cryptocurrencies through ETFs with […]
The U.S. Department of Justice (DOJ) says that the coconspirators of FTX co-founder Sam Bankman-Fried who have already pleaded guilty will be called to the witness stand during litigation against the disgraced former billionaire. In new court documents, the US government tells Judge Kaplan that it anticipates questioning several types of witnesses, including FTX customers […]
In New York City, a monumental legal tussle is unfolding. Sam Bankman-Fried, once hailed as a cryptocurrency titan with a net worth of $26 billion, now faces an $8 billion criminal trial that could potentially land him in prison for over a century. A year ago, Bankman-Fried was living lavishly in a $40 million penthouse […]
Blockchain Global promoted itself as the nation's biggest cryptocurrency exchange before its spectacular fall from grace. Now, a group of former …