Market News

Bitcoin Transaction Fees Spike Indicates Bullish Market Momentum

Swan Bitcoin CTO and Co-Founder, Yan Pritzker, wrote a long statement on X (formerly Twitter)  on November 12, explaining the firm’s new policy regarding crypto mixing. He highlighted that the...

This year, there has been a significant increase in the number of cryptocurrency wallet addresses containing Bitcoin valued at over $1 million. According to BitInfoCharts, these addresses have grown from...

Altcoin Opportunities Surge as Market Sees Signs of Revival

BTC has been respecting the trendline since 2023; it may continue to abide by it. On the weekly chart, BTC has been moving sideways with negligible vertical movements. Crypto Investor...

Coin Cloud, a Bitcoin ATM operator, was allegedly hacked by an unidentified hacking group. According to vx-underground, a library of malware codes, the group claimed to have stolen 70,000 customer...

EGRAG likens XRP’s potential growth to the “Lollapalooza Effect. The analyst underscores XRP’s unique regulatory status and significant partnerships as key to its bullish outlook. EGRAG projects targets of $1.10...

The exchange opened up ILV futures trading for leverage traders. Open Interest in ILV skyrocketed, indicating how traders are trying to make profits from the price movement. ILV may reach...

Ethereum price hits $2,132 amid ETF frenzy, but Santiment warns of potential risks. Ethereum network utility metrics increase while whale transactions surge. Santiment warns of potential shifts in market dynamics...

FTX sues Bybit, its investment branch Mirana Corp, and an affiliated crypto exchange, Time Research. The platforms allegedly withdrew a total of around $953 in funds and assets using VIP...

Sergey Nazarov says CCIP is a low-level infrastructure that facilitates the Internet of Contracts. Nazarov likened the CCIP to the famous TCP/IP. The CCIP seeks to connect the separate chains...

Binance CEO exposes a distressing incident where executives were kidnapped during a fake business trip. The abducted executives were forced to empty their crypto wallets. Binance’s quick response led to...

Both LINK and ADA are enjoying a wave of whale interest. A strong support at $0.36 could help ADA ride all the way to $0.41. LINK’s bullish bias remains very...

Poloniex lost over $100 million following a security hack on one of its wallets, labeled “Poloniex 4” on Etherscan. The amount lost included 443 BTC, 32.7 million USDT, and 6,103...

Neo founder Da Hongfei shared updates on his discussions with the Neo developers. Hongfei asserted that NF and NGD are not involved in buying and selling NEO and GAS tokens....

47 Tax Authorities Commit to Crypto-Asset Reporting Framework

The largest crypto exchange, Binance, has presented research on cryptocurrency adoption in the Republic of Turkey as part of its Binance Blockchain Week in Istanbul, Turkey. According to the research,...

The digital asset investment product Grayscale Chainlink Trust has hit record highs, with the GLINK premium rate increasing by 223.86%. Grayscale’s other trusts have also returned record highs, with GSOL,...

Floki P2E NFT Project Valhalla Set to Sail on Mainnet in 8 Weeks

Circle Internet Financial LTD., the parent company of the USDC stablecoin, is planning for an early 2024 public offering. Circle was valued at $9 billion when it tried to go...

Rain Lõhmus offers a reward to anyone who could help him recover his $470 million worth of ETH dormant stash. The LHV co-founder underscored the loophole in cryptocurrencies. Coinbase’s director,...

A U.S. government report found that the SEC faces difficulty hiring crypto experts. Professionals were reportedly reluctant to divest their crypto holdings to work for the agency. The report cited...

Earlier today, founder and CEO of Ava Labs, Emin Gun Sirer, confirmed via a post on X that the company laid off 12% of its workforce. He further added that...

Lookonchain, a market analytics platform, recently reported on X that FTX unstaked 3.96 million SOL two days ago and transferred 750,000 SOL to Binance and Kraken. At the time of...

South Korea has banned short-selling until at least June 2024. Shares in South Korea rose Monday morning, with the country’s benchmark Kospi gaining 4%. The reason for the ban is...