Crypto

In an astonishing showcase of speed and capability, Berachain, the EVM-identical Layer 1 blockchain, has made significant strides since its Mainnet launch. Within a short span of just 20 days, Berachain’s Total Value Locked (TVL) soared to a staggering $3.27 billion, enabling it to outpace some of the industry’s giants like SUI, Avalanche, and Arbitrum.

In an alarming revelation within the cryptocurrency sphere, Infini, a stablecoin bank predominantly operating with USDC, has experienced a substantial security breach, leading to the theft of approximately $49 million. On-chain analysis uncovered that vulnerabilities stemmed from an exploiter exploiting administrative privileges that were improperly managed. This incident not only exemplifies the fragility of digital

Bitcoin has recently experienced a notable dip, falling below the critical 100-day moving average, which currently sits at $98,000. This movement suggests a concerning shift in market dynamics, as the cryptocurrency approaches the significant support level of $95,000. The contraction in trading activity signals a potential lack of enthusiasm among market participants, implying that Bitcoin

In recent weeks, the U.S. economy has shown signs of strain as various economic indicators paint a picture of uncertainty. Notably, the service-sector Purchasing Managers’ Index (PMI) has recorded its lowest level in over two years, suggesting that businesses are facing headwinds that could affect overall economic performance. Upcoming reports on Gross Domestic Product (GDP)

The cryptocurrency market is in a state of disarray as Bitcoin (BTC) has recently faced significant turbulence. After briefly sustaining price levels above $96,000 over the weekend, BTC fell below this vital threshold, marking a bearish sentiment that resonates throughout the crypto landscape. The volatility became apparent as BTC struggled to retain its value, experiencing

In recent years, a disconcerting shift has emerged in the landscape of financial fraud, particularly with the malicious phenomenon known as “Pig Butchering.” Traditionally, older adults were viewed as the primary victims of such scams, primarily due to their vulnerability and potentially limited understanding of technology. However, recent studies indicate that the demographic profile of

In the world of finance, few themes are as captivating as the contrasting fates of Bitcoin and gold over recent months. Traditionally viewed as a hedge against inflation and economic instability, gold has soared to unprecedented levels, nearing the $3,000 per ounce mark for the first time in history. In stark contrast, Bitcoin, the flagship

In the fast-paced world of cryptocurrency, trends can shift dramatically, and investor sentiment is notoriously fickle. The landscape for Bitcoin exchange-traded funds (ETFs) in the United States has recently taken a downward turn. February 2025 is shaping up to be a particularly challenging month for Bitcoin ETFs, as evidenced by significant withdrawals and a striking

The cryptocurrency market experienced significant turmoil last Friday, triggered by a staggering hack on Bybit that resulted in the loss of approximately $1.5 billion worth of Ethereum from one of its hot wallets. This incident led to a sharp decline in Bitcoin’s (BTC) price, which initially began the week hovering around $97,000. However, the fluctuations

In a noteworthy development, Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands, and Hong Kong Telecommunications (HKT) have entered into a joint venture aimed at creating a stablecoin backed by the Hong Kong dollar. This collaboration reflects a crucial step towards integrating stablecoins into the region’s financial ecosystem, showcasing how diverse sectors can unite to

In a striking case of corporate embezzlement that shook the foundations of WeChain Fintech Singapore, former payroll staff member Ho Kai Xin was sentenced to an astonishing nine years and 11 months in prison. With her actions resulting in the theft of over $5.7 million, this case highlights the vulnerabilities in corporate financial systems, the

In an alarming development for the cryptocurrency sector, Bybit—the exchange known for its significant trading volumes—has fallen victim to what is being called one of the largest hacks in the industry. Initial reports highlighted suspicious transfers from Bybit’s hot wallets, which rapidly escalated into a crisis when it was confirmed that approximately $1.4 billion worth

In a noteworthy development for the African financial landscape, Altvest Capital Limited has taken a groundbreaking step by becoming the continent’s first publicly traded company to embrace Bitcoin (BTC) as a strategic asset within its treasury. This decision signifies a major shift not only in Altvest’s investment strategy but also reflects a broader acceptance of

In recent months, the ripple has grown louder around the potential launch of a spot XRP exchange-traded fund (ETF) in the United States, drawing significant attention from financial institutions and investors alike. With leading companies such as Grayscale, Bitwise, and 21Shares putting forth their applications, the case for an XRP ETF has gained momentum. This

The cryptocurrency realm is no stranger to controversies, but the ongoing conflict between Bybit CEO Ben Zhou and Pi Network has garnered significant attention. Zhou has overtly denounced Pi Network as a scam, asserting that his exchange will never entertain the prospect of listing its token. This strong stance is reflective of the broader skepticism

Metaplanet, a Japan-based investment firm, has made significant headlines recently with its aggressive expansion of Bitcoin (BTC) holdings. As of now, the company boasts a portfolio of 2,100 BTC, valued at approximately $196 million. The latest acquisition of 68.59 BTC for a whopping $6.6 million has propelled the firm into the spotlight, with its holdings

In a remarkable shift within the global cryptocurrency landscape, Brazil has become the pioneering nation to endorse a spot XRP exchange-traded fund (ETF). The approval, granted by the Brazilian Securities and Exchange Commission (CVM), underscores Brazil’s ascendancy as a significant hub for digital assets, signifying a potential transformation in the financial framework that could reverberate

Bitcoin’s price movement has been characterized by a standstill, manifesting as a fine balance between buyers and sellers in the market. This stagnant phase presents a challenge for traders and investors who seek direction in their decision-making processes. With only minor fluctuations observed recently, the cryptocurrency’s future price trajectory remains ambiguous and uncertain. The market

In the ever-evolving world of cryptocurrencies, investors are often on the lookout for signals that may indicate future price movements. Recent insights from crypto analyst Ali Martinez have shed light on the potential trajectories for two popular digital assets: Dogecoin (DOGE) and Ripple’s XRP. While there are optimistic scenarios suggesting gains for both coins, underlying

As of the end of 2024, the institutional embrace of Bitcoin has reached noteworthy strides, with a reported 1,573 institutions showing long exposure to the cryptocurrency. This data presents a fascinating glimpse into a transforming financial ecosystem, revealing that major financial entities such as banks, hedge funds, and asset managers are increasingly acknowledging the potential

The Solana blockchain has undoubtedly become a hotbed of controversy within the cryptocurrency community. Critics have branded it as a “breeding ground” for speculative assets, primarily attributing this label to the recent surge of meme coins dominating the network. However, in a landscape where speculative behavior permeates many blockchain ecosystems, it is important to take

The cryptocurrency landscape is rife with complexities and peculiarities, often spotlighting the fine line between speculative opportunities and risk-laden ventures. The recent launch of the meme coin $GREED by Barstool Sports founder Dave Portnoy serves as a vivid example of the tumultuous nature of this digital market. Within a mere hour of launching, Portnoy sold

Ripple (XRP) has recently faced some selling pressure, encountering resistance at the $2.8 level. This has led to a small decline in price, but it also indicates an important juncture for traders and investors alike. As market participants observe the ongoing fluctuations, it is essential to recognize that Ripple is nearing a substantial support range.

Chainlink (LINK) has recently experienced a significant and concerning 40% drop in value over the course of just one month. This steep decline has not only raised eyebrows among investors but has also sparked debates surrounding the cryptocurrency’s future trajectory. With current trading hovering slightly above $18, the question on everyone’s mind is whether this

In the ever-evolving world of cryptocurrency, recent developments indicate a sharp downturn in market values. Over the past 24 hours, total market capitalization has dropped approximately 3%, settling at around $3.24 trillion. This decline has primarily affected altcoins, which have been on a downward trajectory for most of February. While this current situation appears grim,

The financial markets are inherently driven by cyclical patterns, and one such observation is the “sell in May” effect, primarily rooted in traditional stock market behavior. The premise is straightforward: investors typically experience higher returns from November through April, while the summer months from May to October are considered less favorable for asset appreciation. Although

In the dynamic world of cryptocurrency, meme coins have emerged as a double-edged sword. While they can offer tremendous excitement and profitability, they are also prone to volatility and manipulation. Recent controversies surrounding the LIBRA token, which is endorsed by Argentine President Javier Milei, have brought to light the potential for exploitation in this unregulated