Bitcoin Price Skyrockets To $66,000 Amid Global IT Outage
The Bitcoin price has quickly recovered from its recent dip to a six-month low of $53,500 on July 5th, reclaiming the $66,000 level and setting its sights on retesting its all-time high of $73,700 reached in March. This resurgence comes as major…
ETH price may dip after spot Ether ETF 'novelty' wears off due to surging supply
Into The Cryptoverse founder Benjamin Cowen says if supply keeps increasing it will "revert" to similar levels before the Ethereum Merge in September 2022.
Dogwifhat (WIF) Sees 60% Weekly Surge But Analyst Warns Of Potential Retrace
This week, the dog-themed sensation Dogwifhat (WIF) has recovered from its drop below the $2 support zone. The Solana-based memecoin flipped Ethereum’s Layer-2 (L2) Arbitrum (ARB) and is currently testing the $2.5 resistance level. However, a…
Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in…
Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?
Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability when…
Is Bitcoin Poised for a Breakout? $100K Call Options Signal Big Expectations
While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin…
‘10:1’ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital
BlockTower Capital CIO Ari Paul is prepared to “lay 10:1” against the possibility of the US creating a Bitcoin strategic reserve in the next four years.
Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges
Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price…
Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects
The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency…
XRP Adoption & Activity Spike: What This Means For Its Price
On-chain data shows XRP is observing a spike in its adoption and network activity. Here’s what this could mean for the asset. XRP New Addresses & Active Addresses Have Both Spiked According to data from the on-chain analytics firm…
Barstool’s Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal
Barstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to accepting the cryptocurrency as payment. He disclosed that he accepted bitcoin from crypto exchange Kraken as part of a sponsorship…
Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In
The Shiba Inu (SHIB) and Terra Classic (LUNC) ecosystems have become known for their regular token burns, which aim to increase the value of these coins. A computer engineer has given his opinion on this burn mechanism, revealing between Shiba Inu…
Coinbase Analysts Warn: Bitcoin’s Upward Trend Could Hit a Wall — Here’s Why
As Bitcoin is experiencing an uptrend in price increasing by 12.6% in the past week to trade above $66,000, analysts at Coinbase in a Friday report have disclosed potential limitations to its upward trajectory due to “increasing sell…
Blockfi to Begin Interim Crypto Distributions via Coinbase This Month
Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive notifications, while non-U.S. clients face regulatory restrictions. Blockfi, which filed for bankruptcy protection in…
Gemini reaches settlement with IRA Financial Trust over $36M exploit
The lawsuit, initially filed by IRA in June 2022, alleged that Gemini misrepresented its security protections, resulting in an exploit that removed $36 million in crypto.
MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend
Recent trading activities have caused the price of MATIC to slide, targeting the $0.5030 mark, following a period of strong upward momentum disrupted by bearish pressure. This sudden drop, driven by increasing bearish sentiment in the market, has…
Crypto community reacts to Windows-CrowdStrike outage as blockchains unaffected
Many crypto community members noted that blockchains’ decentralized nature allowed them to continue running despite widespread outages across the global economy.
Donald Trump’s crypto platform is missing one thing
President Biden has been ruthless in his quest to eradicate the crypto industry. Trump should commit to pardoning the developers that Biden imprisoned.
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism
The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over…
This week, hackers staged the second-largest crypto hack of 2024, stealing over $230 million, while other malicious actors are targeting Hamster Kombat players.
ETH Derivates Volume Have Flatlined Despite Spot Ethereum ETFs Approval, What’s Going On?
ETH derivatives volume suggests that Ethereum investors have little confidence in the Spot Ethereum ETFs, sparking a massive rally for the second-largest crypto token by market cap. This development comes amid the imminent launch of these funds…
Momint Secures Grant from Dfinity Foundation for Global Blockchain Expansion
Momint, a Web3 startup, is poised for global expansion after securing a $50,000 grant from the Dfinity Foundation. This Swiss non-profit organization, known for its blockchain R&D, awarded the grant through the Internet Computer Protocol (ICP)…
Liminal blames compromised WazirX devices for hack, claims UI not responsible
Compromised WazirX devices provided “legit transaction details” to Liminal’s network, allowing the attacker to drain the exchange’s funds, the MPC provider claimed.
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