135 / 340 Relevant items tagged with #crypto
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This Crypto Trader Just Sold All His Bitcoin For Altcoins Like Cardano And XRP, Here’s Why
[May 18, 2024 4:00 PM] Crypto expert Michaël van de Poppe recently revealed that he had sold all his Bitcoin and rotated his capital to altcoins. The analyst explained the reason for this move and remarked that he was doing this to acquire more of the flagship crypto…
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
[May 18, 2024 3:20 PM] Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior…
Floki Inu Frenzy: Memecoin Eyes New Highs As Open Interest Soars
Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days
[May 18, 2024 12:27 PM] Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value…
14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
[May 18, 2024 8:20 AM] It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly…
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
[May 18, 2024 7:33 AM] Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection…
Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
[May 18, 2024 6:41 AM] Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by…
Indian Regulator Advocates Multi-Agency Approach for Crypto
[May 18, 2024 5:20 AM] The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade. India’s central bank, the…
Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance
[May 18, 2024 2:38 AM] The Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A spokesperson for Binance stated that the charges against…
Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program
Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’
[May 17, 2024 10:19 PM] Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC, the organization states…
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
[May 17, 2024 9:38 PM] In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period which resulted in the company recording a gross loss of $37.3 million. Nangeng Zhang claimed that Canaan’s revenues…
Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring
Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher
[May 17, 2024 8:00 PM] Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum. Optimism Sees Higher Activity And Rising Transaction Fees…
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
[May 17, 2024 7:29 PM] Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The…
‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1
[May 17, 2024 6:33 PM] Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott…
Crypto Analysts Reveal Sub-$1 Altcoins Set To Outperform In The Bull Run
[May 17, 2024 6:00 PM] With the Bitcoin price having already seen a massive rally over the past year, crypto investors have turned their attention to altcoins. This is because altcoin season usually comes after Bitcoin finishes rallying and they present more potential…
Ontario ‘Crypto King’ Faces Major Fraud and Money Laundering Charges
[May 17, 2024 5:14 PM] The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and…
Solana Takes The Crown: CoinGecko Ranks It The Best, Leaving Ethereum Behind In Key Metric
[May 17, 2024 5:00 PM] The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings. The study analyzes the real-world…
French Regulator Renews Warning Against Blacklisted Bybit
[May 17, 2024 4:04 PM] The French securities regulator, the Autorité des Marchés Financiers (AMF), has issued a renewed warning against using the digital asset platform Bybit. The AMF reminded French investors that Bybit is an unregistered crypto platform operating…
Unstoppable Bitcoin? CryptoQuant’s CEO Foresees Bull Run Extending To 2025
Crypto Alert: VeChain Bull Run Imminent, Expert Predicts 500% Rally
[May 17, 2024 3:00 PM] VeChain (VET), a blockchain platform focused on supply chain management, is stirring excitement in the crypto’s fan base. After a period of consolidation, VET is experiencing a surge in investor confidence, buoyed by a recent price increase…
Polkadot Price On The Verge Of Massive Breakout, Can It Reach $25?
[May 17, 2024 2:00 PM] Polkadot (DOT) has come under the spotlight with crypto analysts laying out bullish narratives for the crypto asset. One of them is crypto expert Michaël van de Poppe, who believes Polkadot could rise to as high as $25 in this bull run. Polkadot…
Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market
[May 17, 2024 1:00 PM] Recent data from Santiment indicates a noticeable decrease in Bitcoin whale activity, reaching the lowest levels seen in 2024. This trend shows that holders of large amounts of Bitcoin, known as whales, are drifting away from active trading. While…
Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
[May 17, 2024 12:34 PM] A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led to power shortages in Laos, challenging its goals as a hydropower exporter in Southeast Asia. Reuters: Increased…
Chainlink Becomes Crypto Winner With 21% Rally: What’s Driving This?
[May 17, 2024 12:00 PM] Chainlink (LINK) has enjoyed a sharp surge of more than 21% over the past 24 hours. Here’s what data suggests could be behind this rally. Chainlink Has Surprised Crypto Market With Breakout In The Past Day While most cryptocurrency sectors…
Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape
[May 17, 2024 11:22 AM] Over the past 18 days, 27 distinct liquid staking derivatives (LSD) protocols have experienced withdrawals amounting to approximately 50,000 ether, valued at $146.72 million. The most significant reductions occurred in the LSDs Swell and Mantle…
Expert Sets Timeline For When Ethereum Price Will Begin Rally To $10,000
[May 17, 2024 11:00 AM] A crypto analyst has made a daring prediction for Ethereum (ETH), setting the timeline for when the world’s second-largest cryptocurrency would embark on a significant rally to new all-time highs above $10,000. Here’s When Ethereum Will Reach…