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Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week High, as Bulls Move to Buy the Dip
[Aug 24, 2023 7:20 AM] Bitcoin rebounded from recent lows on Thursday, as bulls moved to buy the dip, following a drop below the $26,000 level. The rally comes as traders rejected a full breakout below a key support point of $25,600. Ethereum was also back in the green…
FTX files motion for Galaxy Digital to manage recovered crypto holdings
[Aug 24, 2023 6:02 AM] Galaxy Digital is set to manage the sale of bankrupt FTX’s crypto holdings and facilitate the staking of certain tokens to generate passive yield.
Sam Bankman-Fried Claims He Relied on Legal Advice in FTX Scandal
[Aug 24, 2023 1:30 AM] Lawyers for Sam Bankman-Fried claim the FTX founder, who has fallen from grace, based his business decisions on legal advice from company attorneys before the cryptocurrency exchange’s downfall. FTX Founder Bankman-Fried Claims Actions Were…
FBI Warns of North Korean Hackers’ Intent to ‘Cash Out’ $40M in Bitcoin
[Aug 23, 2023 3:30 PM] On August 22, 2023, the FBI issued an alert, cautioning about North Korean hackers possibly trying to cash out bitcoin valued at over $40 million. U.S. Intelligence Flags Potential $40M Bitcoin Liquidation by North Korean Hackers The FBI is urging…
Biggest Movers: BNB Rebounds From 1-Year Low, SHIB Surges Higher
[Aug 23, 2023 10:03 AM] BNB was one of Wednesday’s biggest movers, as the token rebounded from a recent one-year low. The price decline came as crypto exchange Binance came under scrutiny for allegedly assisting sanctioned Russian clients in moving funds abroad…
US Court Hands 3-Year Jail Sentence to Man Accused of Conspiring to Defraud Crypto Holders
[Aug 22, 2023 4:30 PM] A U.S. court has sentenced a man accused of conspiring to defraud cryptocurrency owners to three years in prison. The court also ordered the man to pay $2,816,433 in restitution to 11 victims of his Subscriber Identity Module (SIM) swap fraud…
XRP Value Plunges 39% Post-SEC Verdict: XRP Army Remains Optimistic Amid Market Turbulence
The Enigmatic Rise of the $3 Billion BTC Whale — Tracing the Mysterious Path of Bitcoin’s Third Largest Wallet
[Aug 22, 2023 10:30 AM] This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address. Billion-Dollar…
Biggest Movers: MATIC 5% Lower on Tuesday, Hitting a 2-Month Low
[Aug 22, 2023 10:00 AM] Polygon was one of the biggest movers in crypto markets on Tuesday, as the token fell by over 5% in today’s session. The decline saw the token fall to its weakest point in two months, breaking out of a key support point in the process…
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
[Aug 22, 2023 9:00 AM] After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have…
Bitcoin, Ethereum Technical Analysis: BTC Falls Briefly Below $26,000, as Sentiment Remains Weak
[Aug 22, 2023 7:13 AM] Bitcoin fell below the $26,000 level on Tuesday, as sentiment in the cryptocurrency market remained bearish. The latest drop comes despite price being oversold, following recent declines. As of writing, the global market cap is down 0.42%. Bitcoin…
Vitalik Buterin Granted Taiwan Employment Gold Card
[Aug 22, 2023 4:00 AM] Ethereum founder Vitalik Buterin has received a permit that will allow him to legally reside and work in Taiwan. Speaking at a meeting with the country’s minister of digital affairs, Buterin said that the card will make it easier for him to…
Gemini Challenges SEC Lawsuit on Lending Program, Pushes for Oral Hearing
[Aug 21, 2023 2:00 PM] Lawyers for cryptocurrency exchange Gemini have filed a motion seeking to dismiss a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC) over its Gemini Earn lending program. In the motion, Gemini argues the SEC has…
Biggest Movers: LTC, ETC Rebound on Monday, Despite Bearish Sentiment
[Aug 21, 2023 10:30 AM] Litecoin was back in the green to start the week, despite the crypto market continuing to trend mostly lower. At the time of writing, the global market cap is down 0.59%, following a recent red wave. Ethereum classic also climbed higher on Monday…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate, Following Last Week’s Losses
[Aug 21, 2023 7:36 AM] Bitcoin rebounded from this weekend’s low on Monday, as markets attempted to consolidate following recent losses. The cryptocurrency rose back above the $26,000 level, after a brief stint below this point. Ethereum also settled, after…
Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds
[Aug 21, 2023 4:00 AM] Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid…
Bitget mandates KYC requirements in line with tightening global regulations
[Aug 21, 2023 1:45 AM] The exchange operator is implementing new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines.
Banks Allowed to Issue Crypto Mastercard Cards in Uzbekistan
[Aug 20, 2023 4:30 AM] Authorities in Uzbekistan have authorized two local banks to issue payment cards allowing users to spend their digital coins. The move is part of a pilot project to launch virtual cards linked to cryptocurrency wallets on an exchange that will…
US Court Classifies Tornado Cash as ‘Person’ in Verdict Echoing Ooki DAO Designation
[Aug 19, 2023 12:30 PM] A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a…
Worldcoin’s Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets
[Aug 19, 2023 8:30 AM] In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alone, it saw a decrease of…
Biggest Movers: XLM, DOGE Rebound on Saturday, Following Recent Market Sell Off
[Aug 19, 2023 7:40 AM] Stellar was a notable mover during Saturday’s session, as the token returned to the green to start the weekend. Prices recently fell lower for six straight days, however, bulls have reentered the market snapping this streak in the process…
The ultimate guide to password management for crypto enthusiasts
[Aug 19, 2023 7:07 AM] Explore strong password creation, management and advanced protection techniques to secure crypto holdings.
Bitcoin, Ethereum Technical Analysis: BTC, ETH Seek Support Level, Following Worst Selloff Since FTX Crisis
[Aug 19, 2023 6:55 AM] Bitcoin started the weekend trading below $26,000, as the cryptocurrency had its worst week since the collapse of FTX. Market sentiment was bearish following reports that Spacex liquidated its bitcoin holdings. Ethereum remains below $1,700…
Cybercriminals Use Crypto Gaming to Steal Millions — Philippines National Police
[Aug 18, 2023 10:00 PM] The cybercrime fighting unit within the Philippines National Police has asked residents to be wary of rewards promised by play-to-earn (P2E) games because they can be used to steal crypto assets worth millions of dollars. The unit said players can…
SEI’s Rocky Start: New L1 Crypto Token Dives 65% in 3 Days Amid Market Turmoil
[Aug 18, 2023 2:00 PM] The newly listed cryptocurrency SEI took a substantial hit after its debut, plummeting over 65% from its peak value in just three days. The coin’s latest 13% tumble mirrored a decline in the broader crypto market in the last 24 hours. New L1 Token…
Biggest Movers: LTC, XRP Plunge 15% Lower on Friday
North Korean hackers have stolen $2B of crypto since 2018: Report
[Aug 18, 2023 6:00 AM] TRM Labs estimates that North Korean hackers have stolen $200 million of cryptocurrency in 2023 alone.
Bitcoin Dips Below $26K in Crypto Market Whirlwind; $1 Billion Liquidated Amid Top Coins’ Tumble
[Aug 17, 2023 6:00 PM] Bitcoin’s value briefly slipped below the $26K threshold at 5:50 p.m. Eastern Time on Thursday before swiftly rebounding past the $26,000 benchmark. Concurrently, the expansive crypto landscape experienced an 8% tumble against the U.S…
Canaan to Debut ‘Groundbreaking’ Bitcoin Mining Product at 10th-Anniversary Singapore Event
[Aug 17, 2023 4:00 PM] Shortly after Bitmain announced its intention to launch a new bitcoin mining rig at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this September, Canaan, another mining machine giant, hinted at introducing a…