Crypto

Ilya Lichtenstein, the infamous figure responsible for the massive theft of cryptocurrencies from Bitfinex, has now taken a surprising turn by assisting federal prosecutors in a case against Bitcoin Fog, a cryptocurrency mixing service. This unexpected development comes after Lichtenstein admitted to money laundering charges last year, following his hacking of Bitfinex which resulted in

Bitcoin has been on a relentless rally, surging past the $64,000 mark, but some on-chain indicators are now suggesting that the digital asset may be overheating. Market intelligence firm CryptoQuant has issued a weekly report highlighting the rising traders’ unrealized profit margin and the high cost of opening new long positions in the perpetual futures

In the midst of Bitcoin’s slight retracement below $62,000, meme coins have taken the spotlight this week with astonishing gains. One of the standout performers has been Dogwifhat (WIF), making massive waves in the cryptocurrency market. While the total crypto market cap has decreased slightly on a day-to-day basis, it has seen an increase of

Marathon Digital, a prominent Bitcoin mining company based in the United States, recently released its quarterly earnings report which surpassed analyst predictions by a significant margin. Despite this positive news, the company witnessed a slight dip in its stock price following the announcement. This unexpected turn of events may be viewed as a temporary setback,

MicroStrategy, a well-known business intelligence software company co-founded by Michael Saylor, has experienced an unprecedented surge in its stock price in recent weeks and months. Surpassing the performance of the largest US stock market indexes by a significant margin, MSTR’s success can be attributed to its substantial investment in Bitcoin. Since the beginning of the

In 2024, AI-related coins have shown a significant increase in value, with a combined return of 76% since the beginning of the year. The Artificial Intelligence (AI) coins market saw a 7% surge in just one day, pushing the market cap to an impressive $19.8 billion within a 24-hour period. Renowned entrepreneur and Bitcoin investor,

The recent agreement between crypto exchange Gemini and the New York Department of Financial Services (NYDFS) marks a significant milestone in the aftermath of the defunct Gemini Earn Program. The settlement deal requires Gemini to reimburse a minimum of $1.1 billion to customers who were affected by the program’s failure. This development sheds light on

Ripple has recently joined forces with the Axelar Foundation to enhance interoperability within the XRP Ledger (XRPL) blockchain. This partnership is poised to focus on advancing the tokenization of real-world assets (RWAs), a trend that has been gaining momentum in the crypto industry. By integrating the Axelar network with XRPL, the aim is to bolster

The price of Bitcoin has recently skyrocketed, surpassing $56,000 and reaching nearly $57,000 according to CoinGecko’s data. This surge has pushed the market capitalization of Bitcoin over the $1.1 trillion mark. Despite already being up over 135% in the past year, many prominent investors and analysts believe that Bitcoin is just at the beginning of

Shiba Inu, the second-largest meme coin by market capitalization, has recently seen a significant increase in daily active addresses. This surge, with over 3,500 daily active addresses, represents a 13% increase. The rise in active addresses indicates a growing interest in the asset and potentially a higher demand from investors. This trend could have a

The recent network outage on the Solana blockchain has caused a ripple effect in the world of cryptocurrency investment. After experiencing steady inflows throughout the year, Solana-based investment products faced a setback with a bug that caused transactions to enter an infinite loop, ultimately affecting the network’s functionality. This incident led to a significant drop

The rise of Bitcoin ETFs in the investment world has been nothing short of remarkable, with analysts at Bloomberg suggesting that they could soon outpace gold ETFs in terms of assets under management. According to Bloomberg ETF analyst Eric Balchunas, Gold ETFs have been experiencing a decline in recent weeks while Bitcoin ETFs have seen

Ethereum’s recent price surge has caught the attention of investors as it surpassed key resistance levels, marking a significant milestone by breaching the $3K mark. This upward movement reflects a prevailing bullish sentiment in the market, with the $3.6K yearly swing high identified as the next target for ETH. Analyzing the daily chart confirms Ethereum’s

The price of Ethereum (ETH) has recently seen a significant spike, reaching over $3,100, a nearly two-year high. This surge comes at a time when many other leading cryptocurrencies are experiencing little to no volatility. One of the driving factors behind Ethereum’s rally is the upcoming Dencun upgrade, scheduled for mid-March. This upgrade is focused

Bitcoin has experienced a tremendous price run-up in recent months, jumping from under $20,000 to over $50,000 since June 2023. This surge was primarily fueled by the anticipation and subsequent approval of nearly a dozen spot Bitcoin ETFs in the United States. Despite this significant increase in price, it seems that retail traders have not

Recently, a U.S. federal judge approved Binance’s guilty plea and a substantial $4.3 billion settlement for violating anti-money laundering and sanctions laws through its cryptocurrency exchange. This decision was made after the U.S. Department of Justice (DOJ) alleged that Binance had breached the Bank Secrecy Act (BSA) and the International Emergency Economic Powers Act (IEEPA),

The lawsuit between Ripple and the United States Securities and Exchange Commission has been a hot topic in the cryptocurrency industry since December 2020. At that time, the SEC accused Ripple of illegally raising over $1.3 billion through an unregistered securities offering by selling XRP. Ripple, on the other hand, contends that XRP is a

Ethereum recently broke the $3,000 mark, showcasing a 4% increase in price. However, the subsequent correction has led to the possibility of a re-test of the key support at $2,860. The bullish momentum of Ethereum on higher timeframes signals that any pullbacks may be short-lived. To maintain this momentum, buyers need to hold the key

The recent launch of SHEboshi NFTs, associated with the popular meme coin Shiba Inu (SHIB), has taken the non-fungible token field by storm. Within a remarkably short period, all 20,000 collectibles were claimed, leading to a rapid sell-out in less than three hours post-launch. This unprecedented success showcases the growing interest and demand for NFTs

Binance, the world’s leading cryptocurrency exchange, recently expanded its margin trading options by adding several new pairs and borrowable assets. Some of the new cross-margin pairs include ADA/USDC, AVAX/USDC, MATIC/USDC, and XRP/USDC, while new isolated margin pairs include ACM/USDT, AVAX/USDC, FIO/USDT, IQ/USDT, NEXO/USDT, and QKC/USDT. Additionally, Binance introduced AC Milan Fan Token (ACM), FIO Protocol

Michael Saylor, the co-founder and executive chairman of MicroStrategy, made headlines by announcing his plan to continue buying Bitcoin indefinitely. Despite holding a significant unrealized profit of around $4 billion in BTC, Saylor emphasized that both he and his firm have no intentions of selling their Bitcoin holdings. In an interview with Bloomberg, Saylor described

Recently, Coinbase International Exchange, based in Bermuda, has reached a milestone of $1 billion in daily volume. CEO Brian Armstrong shared this news, highlighting the exchange’s growth in offering crypto perpetual futures trading to professional non-US traders. The decision to establish the exchange outside of the United States was influenced by the ongoing regulatory challenges

Bitcoin’s price has recently reached a high of $52,000 over the course of two years, but it appears to have hit a roadblock. Although it is currently trading below this significant mark, the overall sentiment in the market remains positive. Long-term holders of Bitcoin have been observed to be selling approximately 200,000 BTC from their

The VanEck Bitcoin exchange-traded fund (ETF) saw a remarkable development on Tuesday, as its daily trading volume exceeded $258 million. This represented a staggering 14-fold increase from the previous day. Although this achievement was significant, VanEck’s ETF has struggled to keep up with the trading volumes observed in other popular ETFs like BlackRock, Fidelity, and

Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” Recent

Cryptocurrency wallets play a crucial role in ensuring the security and accessibility of users’ digital assets. With the increasing popularity of crypto investments, the demand for reliable and trusted wallet apps has also grown. However, not all wallet apps can be trusted, as highlighted by the recent case of the fake Rabby Wallet on the

Bitcoin (BTC) has recently reached new heights, surpassing the $50,000 mark and continuing to climb, currently sitting above $51,900. According to analysts at the on-chain intelligence platform CryptoQuant, the rise in Bitcoin’s value can be attributed to the high demand generated by the approval of spot Bitcoin exchange-traded funds (ETFs). CryptoQuant’s latest weekly report reveals