Abdulrasaq Ariwoola
Shiba Inu Frenzy: Burn Rate Soars 459%, Robinhood Adds 15B SHIB tokens
In a notable development, the Shiba Inu burn rate has ticked up in the past 24 hours as the meme coin’s community sends millions of SHIB tokens for incineration. Data...
Saudi Arabia, Qatar Rumored 1M BTC Buy Could Come Next Week: Analyst
The two governments are rumored to be sizing up by buying around one million BTC. The Qatari government was reportedly preparing a $500 billion investment in Bitcoin. Analyst Justin Verrengia...
Analyst Predicts Solana May Hit $70 Low As Bearish Pressure Sustains
Cryptocurrency analyst “Bluntz Capital” has suggested that Solana’s recent price movement may be indicating a steeper fall in the digital asset’s value amidst the prevailing bearish market conditions. The analyst...
Bitcoin Loses Correlation With S&P; Arthur Hayes Hints at Hiccups Ahead
As Bitcoin lingers in the bearish zone, BitMEX co-founder, Arthur Hayes pointed out that the flagship cryptocurrency asset has lost its correlation with the S&P Index — an index that...
Trezor Suffers Security Breach; Says Over 66,000 Accounts Affected
Hardware wallet provider Trezor on Saturday announced it was investigating a security breach on its third-party support ticketing portal. Trezor said the breach occurred in the late hours of January...
Analyst Predicts 70% Chance of Victory for Coinbase Against the SEC
Bloomberg senior litigation analyst Elliot Stein has predicted that cryptocurrency exchange Coinbase has a high chance of securing a victory in its lawsuit against the US Securities and Exchange Commission...
Top 5 ETFs: BlackRock’s IBIT Leads With $1.23B Inflow in Last 5 Days
Investors pour $1.23 billion into Blackrock’s Bitcoin ETF in the last five days. Fidelity’s BTC fund saw inflows of $1.06 billion, nearly $200M less than BlackRock’s. Bitwise and ARK21Shares saw...
Messari Analysts Bullish on Celestia; Says it has no Close Comparables
Messari analysts highlight strides on Celestia and potential growth drivers. Rollup blockchains on the network are expected to be the primary fee drivers. The analysts said the market is pricing...
Bankrupt Celsius, FTX Raise Suspicions with $46M Transfer to Exchanges
Wallet addresses associated with Celsius and FTX transfer crypto assets worth millions. Celsius transferred 34M MATIC worth around $26M to Binance. FTX sent assets worth $11.45M and $5.6M to Wintermute...
Hong Kong Firm Moves to Launch the Region’s First Spot Bitcoin ETF
Venture Smart Financial Holdings Ltd., a Hong Kong-based financial services company, plans to launch the region’s first spot Bitcoin exchange-traded fund (ETF), Bloomberg reported. The firm stated that it intends...
Court Acquits Former Bithumb Chairman in Multimillion-dollar Fraud Case
A Seoul High Court has declared Lee Jeong-hoon, the former chairman of cryptocurrency exchange giant Bithumb, not guilty of allegations brought by prosecutors, according to a report from a local...
Analyst Downplays Chances of a SHIB ETF, Says Size and Volume Too Low
In a recent video, Clay, the host of the cryptocurrency YouTube channel ClayBro, explained why the Shiba Inu community may have to wait longer to see the launch of a...
Is XRP About to Repeat Its 2017 Bull Rally? Analyst Notes Similarities
XRP’s value at that time soared to over $3 from lows of $0.2. Crypto analyst Egrag Crypto suggests that XRP may be gearing up for a bull run. The analyst...
Top Ten Crypto Tokens Predicted to Soar in Prices, According to Expert
Amidst highly anticipated cryptocurrency market rallies this year, cryptocurrency YouTube channel Altcoin Daily, in a recent video, highlighted the top ten tokens they are bullish on. The analysis listed ETH,...
Crypto Analyst Implores Users to Dump their ADA Tokens: Here is Why
In a recent post, Anders Helseth, head of research at K33 Research, asked cryptocurrency community members to stay clear of layer-1 blockchain Cardano (ADA). According to Helseth, “the Cardano network’s...
Crypto Users Bullish on Bitcoin Halving with Less Than 100 Days to Go
Leading crypto industry research & analytics platform CryptoRank.io revealed that the majority of the users on the platform are bullish on Bitcoin halving. A vote conducted on the website showed...
Binance Allegedly Releases Two URLs for Indian Users to Boycott Ban
Amid the regulatory clampdown in India, Binance has allegedly created alternative URLs for customers to access the cryptocurrency exchange platform without a VPN. Crypto influencer Keyur Rohit raised these changes...
Crypto Influencer Says iNFTs Will Give Way to “Explosive Innovations”
Renowned cryptocurrency influencer Crypto Eri hinted at the potential of information non-fungible tokens (iNFTs) to boom as the digital asset space continues to expand. In a tweet on social media...
US Stock Market on Edge of a Bull Run, Says Crypto Firm
In a recent tweet on X (formerly Twitter), Vance Spencer, co-founder of the cryptocurrency firm Framework Ventures, suggested that the U.S. stock market may be closing in on a new...
SOL Replaces XRP on HKVAC’s Global Large Cryptocurrency Top 5 Index
The Hong Kong Virtual asset rating agency HKVAC will remove XRP from its Global Large Cryptocurrency Top 5 Index, according to a recent announcement on its website. The report details...
“Grossly Unfair”: FTX Customers Ask Court to Block Valuation Plan
Customers of the troubled cryptocurrency exchange FTX have asked a US Bankruptcy Judge to stop the exchange’s proposed plan to value crypto assets using November 2022 prices, Reuters reported. Over...
South Korean Regulators Maintain Ban on Crypto ETFs; Unmoved by SEC Nod
South Korean regulators have doused hopes of a cryptocurrency exchange-traded fund (ETF) launch in the country, according to reports from a local news outlet. The country’s Financial Service Commission reiterated...
ARB Top Airdrop Receivers Continue to Hodl: Tokens’ Value Jump by $7M
Top beneficiaries of the Arbitrum DAO airdrop continue to hodl the majority of the tokens they received over eight months ago, on-chain data analytics platform SpotOnChain reported. In a post...
XRP Advocate Defends Ripple’s $285 Million Share Buyback: Here Is Why
In a recent tweet on social media platform X, renowned XRP advocate Mr. Huber explained why Ripple’s share buyback is a strategic move by the company. Mr. Huber’s clarifications came...
Bitcoin ETF Fee Wars: BlackRock, Ark Lower Fees Ahead of Approval
BlackRock and Ark Investment, two of the financial institutions in the spot Bitcoin Exchange-Traded Fund (ETF) race, have lowered their fees, a Bloomberg report details. According to that report, updated...
