100 / 309 Relevant items tagged with #crypto
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FTM’s Key Support At Risk As Fantom Launches Sonic Foundation And Wraps $10M Funding
[May 23 9:00 PM] The Fantom Foundation has recently disclosed its plans to establish the Sonic Foundation and Sonic Labs in preparation for the launch of its Sonic blockchain. In an announcement on Thursday, the foundation expressed its commitment to leveraging…
Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
[May 23 8:05 PM] Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes executed at least 10 wire transfers from…
Bitcoin’s Network Strengthens: Mining Difficulty And Hash Rate Spike Amid ETH ETF Buzz
[May 23 8:00 PM] Bitcoin mining difficulty has adjusted upwards by nearly 2%, reaching over 84.4 trillion, as the network’s average hash rate surged past 600 EH/s. This increase comes amid growing optimism in the crypto market, particularly due to speculation…
Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
[May 23 7:35 PM] Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new…
Analyst Predicts An “Ultra Bull” Scenario For Bitcoin That Could Send Price To $80,000
[May 23 6:30 PM] A crypto analyst has forecasted an “ultra bull scenario” for Bitcoin, highlighting key support levels and technical patterns that suggest a price rally above $80,000 in this market cycle. Bitcoin Could See Upside Above $80,000 In a recent X…
Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability
Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency
[May 23 4:33 PM] ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding. Initially recognized for its capability as a server-side backdoor, Ebury has compromised roughly 400,000 Linux…
Is Axie Infinity (AXS) About To Skyrocket? Crypto Analysts Spot Major Breakout Patterns
[May 23 4:00 PM] Axie Infinity (AXS), the popular play-to-earn game token, appears to be drawing significant attention from crypto analysts and investors alike. Recent analyses by renowned crypto experts Ali and Captain Faibik have identified key patterns and…
US Congress Building Pro-Crypto Army, Lawmaker Says
[May 23 3:50 PM] Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the landmark Financial Innovation and…
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
[May 23 1:34 PM] Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1…
Meet the women behind the world’s largest crypto exchanges
[May 23 12:45 PM] Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen currently lead the world’s largest crypto exchanges by volume.
Bybit CEO Dismisses Hacking, Insolvency Claims; Says Rumors Lack Factual Basis
[May 23 11:43 AM] Ben Zhou, co-founder and CEO of Bybit, has dismissed rumors circulating on social media that the cryptocurrency exchange has been hacked or is insolvent. Zhou stated that these rumors are not supported by facts, and users should be cognizant of…
Nigerian Prison Agency Held Responsible for Court Absence of Jailed Binance Executive
[May 23 11:20 AM] The Nigerian Correctional Service recently faced accusations of failing to bring Tigran Gambaryan, a jailed Binance executive, to a court hearing on May 22. A lawyer representing the Nigerian revenue collection agency subsequently requested the…
Spokesperson Hints at Sam Bankman-Fried’s Possible Move to California Prison
[May 23 10:16 AM] According to the Wall Street Journal, the convicted FTX co-founder Sam Bankman-Fried (SBF) is being transferred from the Metropolitan Detention Center in Brooklyn to an undisclosed location. Sources speculate that SBF might be headed to the Federal…
Analyst: Gold Demand From China Continues Supporting the Bull Market
[May 23 9:37 AM] Jan Nieuwenhuijs, a gold market analyst, has assessed the state of the gold market, reporting that growing demand from both the private market and the People’s Bank of China (PBOC) has been instrumental in the rise of gold prices. Chinese…
US Lawmakers Pressure SEC to Apply Same Principles for Ethereum as Bitcoin ETFs
[May 23 8:25 AM] Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum exchange-traded funds (ETFs), similar to their method used…
Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704
QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs
[May 23 6:45 AM] Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $6,000 if the U.S. approves spot ethereum exchange-traded funds (ETFs). The prediction coincides with a…
Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024
[May 23 6:16 AM] Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of…
Non-Empty USDC And USDT Wallets See 13.9% And 15.7% Spike, Why This Is Good For Crypto
[May 23 6:00 AM] Non-empty wallets for stablecoins such as Circle’s USDC and Tether’s USDT have been on the rise for a while now as crypto prices have recovered since the start of the year. This has come to a head as the non-empty wallets have grown double-digits…
Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein
[May 23 5:22 AM] Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the report said.
Tiny Pepe, Big Dreams: Memecoin Explodes, Eyes Dominance In The Dog House
[May 23 3:30 AM] Pepe the Frog, once an internet darling turned controversial meme, is making a splashy comeback – this time, in the world of cryptocurrency. PEPE, the memecoin inspired by the amphibian, has seen a meteoric rise in 2024, leaving established giants…
Next Big Move For Bitcoin: Analysts Predict A Potential Breakout At $71,500
[May 23 1:22 AM] Bitcoin, the world’s most popular cryptocurrency, appears poised for a major move, but the direction remains shrouded in mystery. Analysts are divided on whether a bullish breakout or an extended consolidation period lies ahead. Reaching New…
South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-Conspirators
[May 22 7:41 PM] South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s…
Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend
Dogecoin Whales On The Move: Transactions Surge More Than 50% Amid ETF Speculation
Coinbase, Ripple, Meta Join Forces to Fight Crypto Scams, Including Pig Butchering
[May 22 5:16 PM] Leading crypto and tech companies, including Coinbase, Ripple, Meta, Kraken, and Gemini, have formed a coalition to combat online fraud, including crypto scams like the pig butchering scheme. “We are dedicated to disrupting emerging online…
XRP Price Nears Major Converging Point: Analyst Predicts 3,600% Jump To $20
[May 22 5:00 PM] A crypto analyst has predicted the next price target for the XRP price, noting that the altcoin was nearing a key point that could potentially trigger a major bull rally for the cryptocurrency. XRP Price Roadmap to $20 In an X (formerly Twitter)…
House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans
[May 22 4:38 PM] The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark…