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USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
Crypto Advocates Weigh in on Bitcoin’s Sudden Drop Amid Middle East Tensions
[Apr 14, 2024 7:31 AM] On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, U.S., and other Western allied forces. Concurrently, bitcoin and the broader crypto economy experienced a…
Kiyosaki Reacts to $200 BTC Crash Prediction, Miners Offload BTC Ahead of Halving, and More — Week in Review
[Apr 14, 2024 6:11 AM] Robert Kiyosaki expressed his stance on potentially investing more in Bitcoin if its price plummets to $200, as economist Harry Dent has forecasted. Cryptoquant data reveals that Bitcoin miners are selling off their holdings in anticipation of the…
Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges
Chinese Fraud Victims Seek Government Aid in Recovering 61,000 BTC Seized by UK Law Enforcement
[Apr 13, 2024 11:37 PM] A group of Chinese victims of a $6 billion fraud scheme have requested assistance from their country’s foreign ministry in recovering 61,000 bitcoins, seized from a fraudster and her associate. The fraud victims have strongly opposed attempts to…
US, UK, Germany Among Countries With Largest Government Crypto Holdings, Arkham’s Data Shows
[Apr 13, 2024 8:46 PM] The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S…
Robert Kiyosaki Explains Why He Won’t Buy Bitcoin ETF
Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease
Massive Bitcoin Market Turbulence Triggers $4,500 Crash; $167M in BTC Longs Erased in 1 Hour
[Apr 13, 2024 2:47 PM] The price of bitcoin continued to decline over the weekend, dropping an additional 7.7% in the last 24 hours. It plummeted to a daily low of $61,384 per coin, prompting a significant wave of leveraged liquidations on Saturday. Bitcoin Value…
Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin
Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving
[Apr 13, 2024 7:33 AM] Following the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a daily basis. Should the prices remain low leading up to the…
Study Finds 70% to 80% of Secondary Market Transactions Involve Crypto and Stablecoins
[Apr 13, 2024 5:26 AM] Around 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets in the country, are among…
TON Society Reveals Biometric Proof-of-Personhood Palm Scanning Program
[Apr 13, 2024 2:38 AM] TON Society announced a proof-of-personhood program targeting Telegram users, who can voluntarily scan their palms in exchange for benefits. The organization allocated 1 million TON for this initiative, distributed among 500 million participants in…
Paraguayan Senate Supports Selling Power to Crypto Mining Companies, Criticizes Subpar Energy Agreements With Brazil
[Apr 12, 2024 11:30 PM] The Paraguayan Senate has approved a resolution supporting selling the country’s energy surplus to crypto mining companies, given the price and guarantees that these institutions offer. The declaration criticizes the subpar agreements that…
XRP To Blast Off? Analyst Predicts ‘Realistic’ 5x Surge To $3
[Apr 12, 2024 11:09 PM] XRP, the native token of Ripple, has caught the attention of market analyst Mikybull who is calling for a potential 5x surge in the mid-term. This bullish prediction comes amidst recent struggles for XRP, which is currently grappling to maintain…
Deutsche Bank Survey: Over Half Expect Crypto to Become ‘Important’ Asset Class and Payment Method
[Apr 12, 2024 8:22 PM] A new Deutsche Bank survey found that over half of respondents expect cryptocurrencies to become an important asset class and a method of payment. In addition, 10% of respondents expect the price of bitcoin to be above $75,000 by year-end. Deutsche…
$10.5 Trillion Asset Manager Blackrock’s Spot Bitcoin ETF Now Holds 270K BTC
[Apr 12, 2024 6:31 PM] Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Ishares…
Nervos Network CKB Token: The Market Disruptor With 75% Uptrend, Outshining Top 100 Cryptos
[Apr 12, 2024 6:30 PM] Amid a widespread price correction affecting the majority of the top 100 cryptocurrencies, one digital asset has defied the trend, surging to impressive heights. Nervos Network, along with its native token CKB, has not only recorded significant…
Mysten Labs Announces Suiplay0x1, a Web3 Enabled Gaming Handheld
[Apr 12, 2024 4:20 PM] Mysten Labs, the company behind the development of Sui, a proof-of-stake blockchain project, has announced it is working on developing Suiplay0x1, a Web3-enabled gaming handheld. The organization did not reveal hardware specs but did state that the…
A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
[Apr 12, 2024 3:32 PM] Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’…
Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop
[Apr 12, 2024 2:29 PM] On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24…
Litecoin (LTC) Breaks Records: 5 Million Long-Term Holders Signal Major Market Shift
[Apr 12, 2024 2:00 PM] Recently, reports from IntoTheBlock revealed that the Litecoin (LTC) network has exceeded five million long-term holders. This achievement represents approximately 62.5% of all LTC addresses with a balance, underscoring Litecoin’s widespread…
Stablecoin Market Expands by $4.46 Billion in 12 Days
[Apr 12, 2024 1:37 PM] In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30…
Report: Bitcoin Miners Strengthen Reserves Ahead of Fourth Halving
[Apr 12, 2024 12:14 PM] As we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000, with the milestone expected to occur in about a week. Recent data from theminermag.com’s Miner Weekly on Thursday shows…
Sources Say Hong Kong Set to Approve First Spot Bitcoin ETFs as Early as Monday
Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain
[Apr 12, 2024 8:39 AM] The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest…
Asset Tokenization Draws Focus From Global Securities Watchdogs
[Apr 12, 2024 8:24 AM] The International Organization of Securities Commissions wants to analyse whether or not further policy direction is needed for tokenization.
Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing
[Apr 12, 2024 6:21 AM] As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on…
Don’t Miss The VeChain Train — Analyst Projects 400% Price Increase
[Apr 12, 2024 3:10 AM] VeChain (VET), a blockchain platform aiming to revolutionize supply chain management, has become a hot topic in the cryptocurrency world. A recent surge in VET’s price, coupled with technical breakthroughs, has ignited a wave of optimism…