Crypto

MicroStrategy founder Michael Saylor has been active in selling off shares of his company, making use of a stock-sale agreement that he entered into last year. This agreement allowed him to sell up to 400,000 shares by April of this year. So far, he has successfully managed to cash in 370,000 shares, amounting to $372.7

Ethereum has recently experienced a sharp downturn, but it has found crucial support in a specific zone. This zone is made up of the 100-day moving average at $3050 and the price range between the 0.5 and 0.618 Fibonacci levels ($3190 and $2972). This zone is pivotal as it attracts significant demand, potentially preventing further

The recent occurrence of Bitcoin’s fourth halving event has brought significant attention to the cryptocurrency market. This event, reducing the block reward from 6.25 BTC to 3.125 BTC, has major implications for the industry. The reduction in daily BTC issuance to around 450 Bitcoin has sparked discussions about the long-term impact on BTC’s volatility and

Binance, one of the largest cryptocurrency exchanges in the world, has made headlines for its return to the Indian market after facing a ban by the Indian government. The exchange has agreed to pay a significant penalty of around $2 million to re-enter the market under the oversight of the Financial Intelligence Unit (FIU). This

As the fourth Bitcoin halving approaches, scheduled for later this week, Bitcoin miners are facing a significant drop in stock prices. Key players in Bitcoin mining such as Marathon Digital (MARA) and Riot Blockchain (RIOT) have experienced substantial declines, with their stock prices dropping by approximately 53% and 54%, respectively, from their peak values earlier

Ethena, a synthetic dollar protocol on the Ethereum blockchain, has introduced the stablecoin USDe. The goal of USDe is to function as a censorship-resistant and scalable form of digital money pegged to the US dollar. Despite its rapid growth in market capitalization to over $2 billion since its launch, there are significant risks associated with

Recently, the X account of renowned actor Tom Holland fell victim to a hacking incident. This breach, impacting his profile with over 7 million followers, was utilized by the attackers to promote a fraudulent cryptocurrency and NFT scheme. The compromised account was manipulated to announce a false partnership with the reputable global cryptocurrency exchange Binance,

The recent approval of spot Bitcoin and Ethereum exchange-traded fund applications in Hong Kong by regulators has prompted discussions about the potential growth of the local ETF market. Bloomberg ETF analyst Eric Balchunas has expressed skepticism about the market’s performance, citing the absence of major players and the possibility of high fees as significant obstacles.

The recent news of Binance executive Nadeem Anjarwalla facing extradition from Kenya after escaping custody in Nigeria has sent shockwaves through the cryptocurrency community. Anjarwalla’s alleged involvement in the manipulation of the Naira and illicit funds transactions through Binance has raised concerns about the company’s compliance and internal governance. Legal Proceedings and Investigations The collaboration

Bitcoin analyst Willy Woo recently made a bold prediction regarding the potential price of Bitcoin (BTC) in the future. According to him, BTC could reach $91,000 at the bottom of a bear market and $650,000 at the peak of a bull cycle. These staggering figures are based on the full deployment of cryptocurrency exchange-traded funds

In response to the increasing number of cryptocurrency-related crimes in Hong Kong, Bitrace has taken proactive steps to address the issue. The data analysis company recently held training sessions for members of the Hong Kong Police Force on on-chain fund tracking. This initiative is part of Bitrace’s Corporate Social Responsibility efforts, designed to enhance law

Recent market data shows a significant correction in the cryptocurrency sector on April 14, resulting in a global market capitalization of around $2.4 trillion. This downturn led to multi-million liquidations, particularly affecting long traders. Ripple’s XRP was one of the notable losers, plummeting by 20% to approximately $0.48, according to CoinGecko’s data. Despite the bearish

In a surprising turn of events, the funding for Bitcoin startups saw a massive increase in 2023, despite an overall decline in venture capital activity. According to a report by Trammell Venture Partners (TVP), the number of Bitcoin-native pre-seed deals skyrocketed by 360% last year, with the overall count of Bitcoin companies receiving funding rising

Bitcoin Layer 2 solutions have been a hot topic this year, garnering both praise and criticism. One notable critic is Mempool founder Mononaut, who has pointed out several technical drawbacks of these protocols. Mononaut argues that if a Bitcoin Layer 2 solution lacks support for unilateral exits, it essentially functions as a multi-signature system rather

Over the weekend, Bitcoin experienced a significant drop in price, falling by five thousand dollars to reach a multi-week low of approximately $61,000. This decline was part of a larger trend that also affected alternative coins, with many experiencing double-digit decreases in value. The primary reason for this market crash was the escalating tensions between

Recently, the EigenLayer team made an exciting announcement regarding the launch of EigenDA, the first Available Validator Service, on the Ethereum mainnet. This service has already garnered significant attention, with over 4.1 million ETH being restaked on EigenLayer. In addition, a staggering 70% of all new Ethereum validators have chosen to restake on this platform.

Over the past few weekends, the cryptocurrency market remained relatively stable. However, the recent events have shaken the industry significantly. Factors such as announcements from US Federal Reserve officials and reports of potential conflicts between Israel and Iran have led to a sharp decline in Bitcoin’s price along with a significant drop in altcoin values.

Bitcoin’s market capitalization has recently surpassed $1.43 trillion, reaching an all-time high. Industry insiders have high hopes for its future value post-halving, with some projections going as high as $3 trillion. However, opinions on BTC’s performance vary, with figures like Ripple’s CEO predicting a global market capitalization of over $5 trillion, exceeding BTC’s current share.

The cryptocurrency market saw a significant correction on April 12, impacting the prices of various digital assets, including Shiba Inu (SHIB). Over the past week, SHIB’s value has dropped by 6%, and over the past month, it has decreased by 20%. While these numbers may seem concerning, there are indications that a potential rebound is

Robert Kiyosaki recently expressed his agreement with Cathie Wood’s prediction that Bitcoin could reach $2.3 million. Kiyosaki mentioned that he trusts Wood’s opinion and believes she is smart. This trust in Wood’s analysis is a key factor in Kiyosaki’s alignment with the $2.3 million Bitcoin prediction. Ark Invest released a research report earlier this year

In a move that showcases the U.S. Securities and Exchange Commission’s (SEC) continued crackdown on the crypto industry, the regulatory body has set its sights on Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). This recent development adds to increasing regulatory pressure on the decentralized finance (DeFi) sector, signaling potential challenges ahead

Binance, the leading cryptocurrency exchange, has recently made significant updates to its platform in response to current market trends. One of the most recent changes includes the addition of 18 new loanable assets to Binance Loan, allowing users to borrow funds using their crypto holdings as collateral. Among the newly added cryptocurrencies are meme coins

Ethereum has been experiencing a phase of sideways consolidation after a recent dip towards the critical support level of $3K. The cryptocurrency seems to be stuck within a range of $3K to $3.7K, and it appears that volatility will remain low unless it breaks out in one direction or the other. A detailed analysis of

Shiba Inu (SHIB) recently experienced a price drop, with the current trading price at around $0.00002734. This marks a 3% decline on a daily scale and a 20% drop on a monthly basis. Despite this negative trend, analysts are predicting a potential bullish trend in the near future. Analysts’ Predictions Prominent analysts such as Rekt

The recent approval of spot Bitcoin ETFs has significantly impacted the cryptocurrency market, according to Fred Thiel, the CEO of Marathon, America’s largest crypto mining firm. Thiel noted in an interview with Bloomberg that the ETF approval has attracted capital into the market, hastening what would typically have been the post-halving rally. This acceleration has

Since the launch of U.S. Bitcoin spot ETFs, they have seen an impressive $12.3 billion in net inflows over the span of just three months. But the real question remains – how much of an impact have these ETFs had on the broader Bitcoin market as a whole? Glassnode analyst James Check delved into this

A cryptocurrency investor known as “Sell When Over” recently revealed a substantial loss of $800,000 resulting from two suspicious Google Chrome browser extensions. The investor initially detected a loss of $500,000 from various wallet applications and suspected that they were targeted via an extension attack. Compromise Investigation Upon further investigation, the victim discovered that their