The Senate Committee on Banking, Housing and Urban Affairs has scheduled a crypto hearing next Wednesday to explore “bipartisan legislative frameworks” for the digital asset sector. The hearing’s witnesses will include Lewis Cohen, a crypto lawyer and partner at Cahill Gordon & Reindel LLP; Jonathan Jachym, Kraken’s deputy general counsel and global head of policy […]
Bitcoin approaching decisive moment in market
Putting it into perspective, the previous largest cryptocurrency theft was of $611 million worth of cryptocurrencies from the PolyNetwork platform in …
Ho Kai Xin, a former payroll processing staff member at WeChain Fintech Singapore, has been sentenced to nine years and 11 months in jail for embezzling over $5.7 million. WeChain Fintech Singapore, which was contracted to manage payroll for Bybit Fintech, employed Ho as a payroll processing staff member. Ho, who was responsible for processing […]
“With this level of unity in this space, we know we’ll come back even stronger,” CEO Ben Zhou said following the outpouring of support.
TL;DR Microsoft’s Majorana 1 chip, a quantum computing innovation, could accelerate the timeline for Bitcoin’s quantum resistance due to its advanced processing capabilities. The chip’s Topological Core architecture enables the creation of stable and scalable qubits, raising concerns about Bitcoin and other cryptocurrencies’ vulnerability to quantum computing attacks. The cryptocurrency community must develop new cryptographic […]
TL;DR Michael Saylor suggests the U.S. should buy 20% of Bitcoin’s total supply to secure a dominant position in global finance, leveraging the digital asset’s potential. By acquiring 4.2 million Bitcoins, Saylor believes the U.S. can enhance financial stability, hedge against inflation, and gain a strategic advantage over other nations. Implementing this plan could drive […]
A serious security breach has been confirmed by Bybit, a top-tier cryptocurrency exchange. It resulted in a major loss of around $1.5 billion in digital assets. The breach appears to have focused on the exchange’s Ethereum (ETH) multisig cold wallet, and it has sent shockwaves of concern throughout the cryptocurrency industry. Cybersecurity experts assessing the […]
Bybit has launched a recovery bounty program offering rewards for retrieving stolen cryptocurrency funds. Crypto Exchange Bybit Initiates Recovery Bounty The Dubai-based cryptocurrency exchange, Bybit, has initiated a recovery bounty program following a security breach that compromised ETH valued at over $1.4 billion. The program promises a reward equal to 10% of recovered funds. The […]
A widely followed analyst is leaning bullish on a memecoin built in the Solana (SOL) ecosystem but with reservations. The analyst pseudonymously known as Credible Crypto tells his 462,900 followers on the social media platform X that the dogwifhat (WIF) memecoin is “quickly approaching attractive levels” for a position that can potentially be held till […]
The total amount of household debt in the US has surged to a new record level. In its Quarterly Report on Household Debt and Credit, the New York Fed says total household debt hit a 21-year high of $18.04 trillion at the end of Q4 2024. That’s an increase of $93 billion on a quarter-on-quarter […]
The Bitcoin market continued to struggle in February marked by a high level of investor uncertainty. Over the last trading week, BTC declined by 2.24%, bringing its total value loss over the past 30 days to around 8.59%. Amidst this indecisive market, digital asset analysis X page More Crypto Online has shared some valuable insights […]
The SEC is abandoning cases and shaping new rules for the industry, reflecting the Trump administration’s more crypto-friendly approach. Image: JRdes / Shutterstock.com The Securities and Exchange Commission has agreed to drop its legal case against Coinbase, the exchange said Friday, pending approval by the regulator’s commissioners. But it’s just one of several actions the […]
How long is accumulation period of DOGE going to last?
Better Cryptocurrency to Buy With $1,000: Solana vs. Cardano. February 22, 2025 — 07:43 am EST. Written by Alex Carchidi for The Motley Fool->.
Bybit’s assets fell by more than $5B after its $1.4 billion hack on Feb. 21, but independent audits confirm its reserves still exceed liabilities, ensuring full backing for user funds.
In what is considered now the largest hack within the cryptocurrency industry, Bybit’s hot wallet was compromised when trying to complete a legitimate transfer, and roughly $1.5 billion, mostly in ETH, was stolen by being sent to another address. Aside from the immediate impact on crypto prices, such a notable incident garnered the attention of […]
Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) as the flagship crypto asset hovers below the $100,000 price. In a new video, Svenson tells his 82,400 YouTube subscribers that the weekly Relative Strength Index (RSI) indicator, which he considers “one of the most reliable signals for bullish pivots in Bitcoin land,” is […]
A widely followed crypto analyst believes that one Ethereum (ETH) rival may dip lower before having an explosive rally. In a new strategy session, pseudonymous crypto trader Inmortal tells his 229,300 followers on the social media platform X that Solana (SOL) may decline further due to fears over the impact of an upcoming massive token […]
A survey of FTX creditors reveals a strong inclination to reinvest their repayments in cryptocurrencies, with solana (SOL) being the most popular choice. FTX Creditors’ Love Affair With Solana A new survey found that 79% of FTX creditors plan to reinvest their repayments into cryptocurrencies, with 29% of the reimbursed funds allocated for this purpose. […]
TL;DR $2 billion worth of Bitcoin and Ethereum options are expiring today, causing market volatility and uncertainty as traders watch closely. Analysts note a put-to-call ratio below 1 for both BTC and ETH, indicating more bets on price increases, but the max pain theory suggests potential corrections. The outcome of this options expiry will be […]
TL;DR The recent release of the Consumer Price Index (CPI) surprised the markets, reigniting fears of persistent inflation that could increase the volatility of cryptocurrencies. The collapse of the LIBRA token, backed by Argentine President Javier Milei, has exposed the risks of speculative assets, eroding confidence in trendy cryptocurrencies. While some assets face turbulence, Litecoin […]
The recent turbulence in the cryptocurrency markets has induced a noticeable change in investor behavior that is affecting several well-known assets, particularly memecoins. While Bitcoin shows resilience and strength under market pressures, popular tokens like $TRUMP and $SHIBA have witnessed sharp knockdowns in their price levels. The downturn has repercussions that extend across many sectors […]
Anticipation among both crypto enthusiasts and bettors remains high for a potential Kanye West meme coin. If it becomes a reality, the token would almost certainly be one of the best cryptos to buy. The uproar has been caused by an alleged CoinDesk article, which all but confirmed Kanye’s meme coin ambitions. However, the market […]
Strategy should trade at a discount, according to angel investor Jason Calacanis
Cryptocurrency exchange Bybit has been hacked, resulting in the loss of almost $1.5 billion worth of cryptocurrency. This is reported to be one of …
Find out the potential advantages and risks of incorporating Bitcoin into your retirement portfolio and whether it’s a viable long-term investment option in 2025.
The U.S. Securities and Exchange Commission (SEC) is dropping a lawsuit against the top US-based crypto exchange, according to a new Coinbase blog post. Coinbase says the SEC has agreed “in principle” to dismiss its case with Commissioner approval. According to Coinbase, the suit being dropped should be viewed as a “major win for the […]
A crypto strategist known for making timely Bitcoin calls says BTC may print new all-time highs if it can pull off one key thing. Pseudonymous analyst DonAlt tells his 652,900 followers on the social media platform X that Bitcoin needs to break through resistance at the $101,000 level to have an explosive move to the […]
Ripple has been trading with minimal momentum, exhibiting quiet price action above the 100-day moving average. This low-volatility consolidation phase suggests a temporary market equilibrium, likely to persist until a decisive breakout sets the next trend direction. XRP Analysis By Shayan The Daily Chart XRP’s price action has remained stagnant, with minimal volatility as it […]
The launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets. Betashares Expands Crypto Offerings With Bitcoin and Ethereum ETFs in Australia Betashares has officially launched its bitcoin and ether ETFs on the Australian Securities Exchange […]
According to an X post by crypto analyst Ali Martinez, Bitcoin (BTC) is witnessing a decline in sell-side pressure, indicating that a local market bottom may soon form for the premier cryptocurrency. Bitcoin Local Bottom On The Horizon? Bitcoin continues to trade just below the psychologically significant $100,000 level, hovering at $98,650 at the time […]