Cryptocurrency
CryptoQuant’s Insights on Ethereum: A Must-Read for Traders and Investors
Analytics firm CryptoQuant has highlighted the importance of tracking Ethereum (ETH) reserves on the BitMEX exchange as a potential indicator of future price movements. The “exchange reserve” is an on-chain...
The Rise of Bybit: The Crypto Exchange That’s Taking on the Giants
Bybit, the Dubai-based cryptocurrency exchange, has rapidly ascended to become the world’s second-largest, capitalizing on the void left by the collapse of FTX and also from the broader crypto market...
Cardano’s Ambitious Growth Strategy vs. Bitcoin’s Established Dominance
Crypto analyst Dan Gambardello recently offered his insights on the current state of the Bitcoin and Cardano markets, highlighting key technical indicators and strategic partnerships that could shape their trajectories....
The Psychology of the Bitcoin Wholecoiner: FOMO or HODL?
The number of Bitcoin holders owning one or more whole Bitcoins has surpassed one million, according to analytics platform IntoTheBlock, demonstrating the growing mainstream acceptance of Bitcoin. A data chart...
UAE Dominates Global Crypto Adoption, Vietnam Surges to Second
Cryptocurrency adoption is surging globally, with the UAE and Vietnam leading the way, according to new data from Triple-A. Data from Triple-A reveals the UAE leads the world in cryptocurrency...
Blast Token Generates Buzz Despite Mixed Reception and Airdrop Challenges
The launch of Blast, a new cryptocurrency token, has generated significant buzz despite a volatile start and concerns about its valuation. The token debuted at $0.02, achieving a Fully Diluted...
Bitcoin ETFs Buck the Trend with Surprise Inflows
Spot Bitcoin Exchange-Traded Funds (ETFs) saw a second day of inflows totaling $21.52 million on Wednesday, bucking the recent trend of constant outflows, offering a potential bright spot for investors...
Are Big Banks the Real Villains? Viral Video Exposes Their Dark Secrets
A recent YouTube video delves into the controversial history of major banks like JPMorgan Chase and Goldman Sachs, alleging their involvement in numerous financial crises and asserting their influence over...
Ripple Looks to Future After Court Ruling Clears Path for XRP Growth
Ripple’s President, Monica Long, expressed optimism about the company’s future following a recent court ruling clarifying XRP’s status as a non-security, signaling a pivotal moment in the ongoing legal battle...
Tether and TON Partnership Fuels Stablecoin Adoption on Telegram
Tether’s USDT stablecoin has exceeded 500 million in circulation on the TON blockchain, signaling a surge in demand for dollar-pegged digital assets on the rapidly growing network. TON announced this...
Millions in Seized Bitcoin Moved to Kraken by German Authorities
The German government has transferred $15.41 million worth of Bitcoin to cryptocurrency exchanges Bitstamp and Kraken, raising questions about the authorities’ plans for their substantial Bitcoin holdings. This transfer is...
Celsius Bankruptcy: Creditors Seek Millions in Lost Crypto Value
Two corporate creditors of bankrupt crypto lender Celsius are seeking additional compensation, claiming unfair treatment compared to individual account holders in the firm’s repayment plan. Filed on June 3, with...
Binance’s KYC Crackdown Underscores Importance of KYC in Web3
Binance has taken action against fraudulent activities within its Megadrop campaign, banning 297 main accounts. One notable incident involved an account that attempted to accumulate over 9,000 KYC profiles. Consequently,...
U.S. Economic Data to Determine Short-Term Bitcoin Price Movement
Bitcoin may have found a local price floor, according to Gustavo Faria, co-founder of analytics firm Nosy. Faria’s analysis cites key on-chain and market indicators suggesting a potential turning point...
FTX Bankruptcy: $16 Billion Recovered, Cash Payments Planned for Customers
A U.S. bankruptcy court has approved FTX’s liquidation plan, paving the way for the beleaguered crypto exchange to repay customers in cash following its high-profile collapse. This decision comes after...
The Crypto Scam That Landed Two Executives in Prison
Philadelphia residents Shane Hampton and Florida-based Michael Kane have been sentenced for manipulating the price of Hydrogen Technology’s native cryptocurrency, HYDRO. The two were accused of orchestrating a scheme to...
Another Major USDC Burn: Circle Destroys Millions of Stablecoins Again
Circle, the issuer of USD Coin (USDC), has burned 150 million USDC tokens, equivalent to approximately $150 million. Whale Alert noticed the transaction occurred on the Ethereum blockchain, where Circle...
Paying Your Taxes with Bitcoin? It Could Soon Be a Reality in the U.S.
Florida Republican Congressman Matt Gaetz introduced a bill on Tuesday that would authorize federal income taxes to be paid using Bitcoin. This proposed legislation, if enacted, would require the U.S....
Cardano Network Thwarts DDoS Attack Targeting Staked ADA
Cardano successfully defended against a Distributed Denial of Service (DDoS) attack that targeted staked ADA tokens on Tuesday. Despite the attack, the network remained fully operational. The DDoS attack aimed...
Singapore’s Alchemy Pay Expands into South Korea with Danal Partnership
Alchemy Pay, a Singapore-based payment gateway bridging crypto and fiat currencies, has partnered with South Korean firms Danal and Danal Fintech to expand their global reach and enhance payment solutions....
Nomura Survey Reveals Surprising Crypto Adoption Trends in Japan
A new survey by Nomura Holdings and Laser Digital Holdings reveals that 54% of Japanese institutional investors plan to enter the crypto market within the next three years, signaling a...
Investor Anthony Pompliano Proposes Stablecoins as Solution to U.S. Debt Crisis
Anthony Pompliano, known for his outspoken views on Bitcoin, suggests stablecoins could address the escalating U.S. debt crisis by providing a reliable and expanding source of demand for U.S. treasuries....
Cardano Gets Major Boost with Dex Tools and Dex Screener Listing
Cardano (ADA) is now accessible on popular crypto analytics platforms Dex Tools and Dex Screener, potentially boosting visibility and attracting new investors to the blockchain platform. The integration update, made...
WikiLeaks’ Assange Leaves U.K. After Reaching Deal with U.S. Prosecutors
WikiLeaks co-founder Julian Assange has left the U.K. for a Saipan courtroom, ending his years-long legal battle with the U.S. government. After five years in a U.K. jail and nearly...
Top Analysts Predict Bitcoin’s Next Price Moves, Warning of Potential Market Downturn
Bitcoin’s key support levels are under scrutiny as analysts predict potential price declines that could ripple across the cryptocurrency market, according to the latest Forbes analysis. Forbes’ analysis emphasized Bitcoin’s...
