Recent rumors circulating on social media about Bybit crypto exchange’s alleged insolvency have been firmly denied by CEO Ben Zhou. Obscure social media accounts began spreading these rumors, with one user suggesting that a bug in a proof-of-reserves graph from Arkham Intelligence might have sparked the speculation. Zhou promptly dismissed these claims, stating they were
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In a recent interview, Charles Hoskinson, the CEO of IOG, made a controversial statement by likening the Bitcoin following to a ‘religion’. He argued that Bitcoin’s devout followers have created a cult-like mentality within the crypto industry, which he believes is unsustainable in the long run. This critical assessment sheds light on the growing dependency
Telegram, the popular messaging app with over 800 million monthly users, has evolved into a hub for the crypto community. The platform’s growing ecosystem of mini apps, also known as TMAs, has garnered significant attention in recent years. These mini apps offer a range of features, including access to the TON SDK, monetization options, bot
Recently, on-chain data has revealed a surge in activity among Ethereum whales. These major players in the crypto market have been making waves with their large transactions valued at over $100,000. The Number of Large Transactions metric has been a key indicator in monitoring the actions of these whale entities. This metric provides insights into
The First District Court of Appeals in Florida recently made a significant decision to nullify an Emergency Suspension Order (ESO) that was issued by the Office of Financial Regulation against Binance.US. This decision came after Florida’s regulator banned Binance.US from serving its residents earlier this year, citing “immediate danger” to the public and referring to
LidoDAO (LDO) has seen a significant increase in its price over the last week, with a 26% jump making it an attractive option for investors. As the native crypto of the decentralized Ether staking platform Lido, LDO serves as the governance token for the Lido decentralized autonomous organization (DAO). The current price of LDO stands
In a bold and attention-grabbing prediction, Titan of Crypto, a well-known cryptocurrency trader and expert, has set the stage for an imminent significant rally for Ethereum (ETH) to unprecedented heights. The analyst’s prognosis, fueled by favorable market conditions and rising investor confidence, suggests that ETH is primed for substantial gains. Several weeks ago, Titan of
Bitcoin whales are not showing any signs of slowing down in the market. Despite the recent dip in the price of Bitcoin towards $60,000, these large investors have continued to capitalize on the opportunity by buying every dip. The co-founder of Bitcoin-based company Apollo, Thomas Fahrer, made a stunning discovery when he revealed that Bitcoin
The recent decision by the Trump campaign to start accepting cryptocurrency donations has sparked a new wave of interest and controversy in the political landscape. This move represents a significant shift in fundraising tactics for a major party presidential nominee, with implications for both the campaign and the broader cryptocurrency community. The campaign’s decision to
The Financial Innovation and Technology for the 21st Century (FIT21) Act has been a topic of much debate within the crypto industry. While many celebrate the bill for providing regulatory clarity, Chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, has come out strongly against it. Gensler argues that the bill, if passed,
Citizen Conflict Alpha 5 has taken a major step forward with the introduction of a play-to-earn (P2E) campaign. This innovative feature allows players to earn up to 300,000 QORPO tokens while playing the game. These tokens hold real-world value and can be used to purchase in-game items or even exchanged for cash. The P2E campaign
Institutional investors are making a significant impact on the Bitcoin market as they double down on their investments in the flagship cryptocurrency. With investment funds related to Bitcoin experiencing massive inflows, there is a clear bullish sentiment among these investors. The recent influx of $942 million into Bitcoin investment products indicates a growing confidence in
In the midst of the presidential election year, the cryptosphere has been abuzz with the rise of Donald Trump tokens, particularly in the DEX markets. One notable contender in this space is the newly launched Solana meme coin named ‘Super Trump’, which has quickly gained traction and soared to the top of meme coin markets.
Uniswap Labs has taken a bold stance against the SEC’s attempts to regulate decentralized finance (DeFi) by issuing a Wells notice. In a blog post dated May 20, the company made it clear that it believes the SEC’s actions are misguided and legally unfounded. Despite the looming threat of litigation, Uniswap Labs expressed confidence in
The recent security incident involving Gala Game, a Web3 gaming project, showcased the risks associated with decentralized systems. An unknown attacker exploited a compromised admin address to mint 5 Billion GALA tokens, equivalent to over $200 million. This unauthorized action resulted in the sale of 600 million tokens worth $29 million on Uniswap. The Gala
In the midst of the recent surge in Bitcoin and Ethereum prices, short-term traders have faced significant liquidations. Within just 24 hours, more than $330 million was liquidated from the crypto market, with the majority of these coming from short traders anticipating a price decline. Coinglass data reveals that over 78,000 crypto traders experienced liquidations
The recent surge in the price of Bitcoin and Ethereum has raised concerns among some prominent figures in the financial world, including Peter Schiff. Despite Bitcoin reaching a high of over $70,000, Schiff remains skeptical of the cryptocurrency’s future, especially with the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission
Polimec has recently made its debut on Polkadot, offering a groundbreaking approach to decentralized funding for Web3 projects. This innovative protocol aims to reshape how capital is raised and tokens are issued, providing a transparent and compliant environment for investors and startups globally. Polimec represents a major step forward in Web3 fundraising engagement, empowering community
Fantasy football has transformed into a global sensation, captivating millions of players across various online platforms. It serves as a platform for fans to put their football expertise and enthusiasm to the test by creating their virtual teams and engaging in fierce competitions. One noteworthy platform that has been gaining rapid traction is Fanton Fantasy
Investors and crypto experts are currently showing a great deal of interest in a new Solana meme coin known as Sealana (SEAL). This particular meme coin has gained traction in the market, especially with the recent rally in the crypto markets. As the SEC considers the approval of spot Ethereum ETFs, the overall sentiment in
The Securities and Exchange Commission (SEC) has recently requested spot Ethereum ETF applicants to update their 19-b4 filings, sparking greater optimism among industry insiders for potential approvals. According to sources familiar with the matter, Bloomberg ETF analyst Eric Balchunas believes that the SEC may reverse its anticipated stance and refrain from denying the pending applications.
Ethereum, the second-largest cryptocurrency by market capitalization, is currently at a crucial juncture, with a prediction of a potential breakout. Prominent crypto analyst Jelle recently pointed out that Ethereum is nearing the end of a falling wedge pattern, a situation often interpreted as a bullish signal in technical analysis. Jelle observed a falling wedge pattern
Retail investors are once again showing a keen interest in Ethereum meme coin markets, with the emergence of a new token called Apu causing quite a stir on DEX markets. The current price trends of APU token indicate a rollercoaster ride for investors, as the market price of $0.00000001682 represents a 24-hour change of -82%.
The recent announcement of Michael Sonnhenshein stepping down as the CEO of Grayscale, the world’s largest Bitcoin ETF, has sparked interest and speculation within the cryptocurrency industry. His replacement by Peter Mintzberg, a seasoned professional from Goldman Sachs, signals a significant shift in leadership at the company. This move comes at a crucial time for
Bitcoin’s price has experienced some fluctuations in the past 24 hours, dropping below $67,000 on multiple occasions. However, it has managed to recover from each correction and is currently trading around that line once again. This demonstrates the volatile nature of the cryptocurrency market, where prices can shift rapidly in a short period. Altcoins Reacting
Bitcoin’s price movements are often influenced by various technical indicators and patterns. One such indicator that has recently turned bullish is the Stablecoin Supply Ratio (SSR) Oscillator. This unique tool compares the supply of stablecoins to Bitcoin and helps traders identify potential buying or selling opportunities. When the SSR oscillator breaks below the lower Bollinger
The upcoming economic week is set to be an intriguing one, with major events such as the release of the Federal Reserve meeting minutes and a significant earnings report from Nvidia. These events have the potential to influence markets significantly and provide valuable insight into the state of the economy. In addition to the Federal