Cryptocurrency markets have become increasingly susceptible to market manipulation, which involves the deliberate use of deceptive strategies to artificially influence the price of cryptocurrencies. It is crucial for investors and authorities to be aware of the signs and tactics employed by manipulators in order to protect the integrity of the market. Identifying Signs of Manipulation
Bitcoin (BTC) has long been perceived as a cryptocurrency predominantly owned by a select few individuals. However, a recent report from Grayscale Investments challenges this notion, shedding light on the surprising diversity of Bitcoin ownership. This article aims to analyze the findings of the report and explore the implications of Bitcoin’s ownership distribution. The Accessibility
In the world of cryptocurrencies, Ethereum holds a significant position as the second-largest cryptocurrency by market capitalization. Its value has steadily grown over the years, but according to one crypto analyst, there might be a specific event that could propel Ethereum’s price to new heights. Michaël van de Poppe, the CEO and founder of MN
Over the years, cryptocurrency exchanges have undergone a significant transformation, shifting from basic exchange services to comprehensive financial ecosystems. This evolution has been driven by the increasing demand for platforms that offer more than just simple transaction capabilities. Traders today seek secure environments with user-friendly interfaces and a wide range of financial tools. Furthermore, they
Spanish authorities have detained Alejandro Cao de Benos, believed to have aided Ethereum developer Virgil Griffith in violating U.S. sanctions and traveling to North Korea. Reports indicate that Cao de Benos was apprehended in Barcelona under a false identity and was on his way to Madrid via train. The arrest was made on November 30
In a recent report by JPMorgan, one of the prominent financial institutions in the United States, the resurgence of decentralized finance (DeFi) and non-fungible token (NFT) sectors is depicted. This revival is attributed to the prevailing sentiments in the crypto markets, primarily driven by the expectations surrounding a potential US Bitcoin exchange-traded fund (ETF). While
In a recent video, the LuckSide Crypto analyst shared his thoughts on the current state of the Cardano (ADA) cryptocurrency. While maintaining an overall bullish outlook, he expressed reservations about its near-term price action. According to the analyst, ADA has been consolidating within a “very, very big bullish pennant” pattern since November 5th. This pennant
The Ethereum ecosystem is constantly evolving, paving the way for innovative technologies and applications. In a recent interview on Episode 39 of Hashing It Out, Harsh Rajat, the founder and project lead of Push Protocol, delves into the future of on-chain chat apps and their significance in the crypto industry. Drawing inspiration from his experience
The world of cryptocurrency continues to be shrouded in controversy and uncertainty. A recent investigation by Spot On Chain, a blockchain analysis firm, has revealed that wallets linked to defunct crypto trading firms FTX and Alameda Research have been on the move. These wallets transferred a staggering $10.8 million across various popular cryptocurrency exchanges such
Today marked a significant milestone for Robinhood, as it launched its brokerage services in the UK, marking its first expansion beyond the United States. This move hopes to replicate the success Robinhood experienced in the US, where it revolutionized the brokerage industry with its zero-commission, no-minimum-balance model. However, as the company faces challenges and declining
MicroStrategy, the business intelligence software giant, has once again made headlines with its aggressive Bitcoin buying spree. The company’s former CEO and founder, Michael Saylor, recently revealed that MicroStrategy purchased an additional 16,130 BTC for a staggering $593.3 million. This marks MicroStrategy’s second Bitcoin purchase in November alone, following its acquisition of 155 BTC for
Hong Kong, a city renowned for its dynamic financial landscape, is considering groundbreaking changes in its digital asset approach. In a recent letter, Mr. Chen Zhihua, President of the Hong Kong Securities and Futures Association, proposed introducing an “Initial Coin Offering (ICO) mechanism” in Hong Kong. This innovative suggestion aims to drive Hong Kong’s economic
Cardano, the popular cryptocurrency, has recently entered a new bullish era, according to LuckSide Crypto, a well-known YouTube crypto analyst. In a video posted on Nov. 30, the analyst highlighted Cardano’s price chart, emphasizing that it has finally broken out above a long-term bearish trendline that had plagued the coin since August 2022. This breakout
The XRP price has recently entered a consolidation phase after a significant surge in October and early November. However, a closer look at the monthly price chart reveals an intriguing pattern. Crypto analyst Egrag has highlighted the occurrence of three consecutive monthly green candles, a rare phenomenon in the history of XRP. As the market
The United States Securities and Exchange Commission (SEC) has requested public input on a proposed rule change that could enable asset management firm Fidelity to offer shares of its spot Ether (ETH) exchange-traded fund (ETF). This move comes as Fidelity joins the growing number of firms seeking to launch a spot crypto ETF in the
The world of decentralized finance (DeFi) has witnessed a significant surge in explosive moves by DEX-traded tokens in recent months. These moon-shots have captured the attention of both retail traders and crypto enthusiasts. Among the latest additions to this trend is XCEPT token ($XCEPT), which skyrocketed with an astonishing +8,700% pump on the popular decentralized
The bankruptcy court in Delaware has given permission to bankrupt cryptocurrency exchange FTX to sell approximately $873 million worth of trust assets. This move aims to repay creditors who suffered from the collapse of the exchange in 2022. The assets include FTX’s stakes in trusts managed by Grayscale Investments and custody service provider Bitwise, valued
Prominent esports organization Team Liquid has recently announced an exciting collaboration with the NFT game Illuvium, marking a significant step in the integration of esports and blockchain gaming. This partnership highlights the increasing adoption of new technologies in the global gaming industry as Team Liquid aims to refine and enhance the player-vs-player (PVP) mechanics of
In a recent YouTube video, the analyst behind the Lady Of Crypto channel expressed her reluctance to include Cardano’s ADA token in her investment portfolio. While acknowledging the positive qualities of Cardano founder Charles Hoskinson, the analyst conducted a thorough analysis to assess the blockchain network’s ability to keep up with its competitors. This article
November’s breakout decentralized exchange (DEX) token, $ETHETF, is rapidly approaching its 21% total supply burn target. With 1,000,000 tokens burned in a single day, the market sentiment has turned bullish, presenting an opportunity for investors. The burn mechanism of $ETHETF is a dynamic one, aiming to reduce the token’s supply by 21 million tokens, which
The XRP community and Charles Hoskinson, the founder of Cardano, find themselves in the midst of a heated disagreement. This dispute has gained significant attention within the cryptocurrency space. According to recent developments, an XRP community member, Mr. Huber, publicly called out Charles Hoskinson on social media platform X. The post, accompanied by a video
The Philippines Securities and Exchange Commission (SEC) recently issued a cautionary advisory, shedding light on Binance’s operations within the country. The advisory outlined several regulatory concerns and stated that Binance is not registered as a corporation in the Philippines and operates without the necessary licenses and authority. While acknowledging Binance’s registration in other countries, the
Banco Santander, a major financial institution based in Spain, has recently taken steps to enter the world of cryptocurrencies. The bank’s Swiss private banking unit has introduced a new service that allows clients with Swiss accounts to trade Bitcoin (BTC) and Ether (ETH). However, access to these crypto investment services is not automatic. Clients must
The individual responsible for the $46 million cryptocurrency theft from KyberSwap has issued a warning to the exchange’s executives, tokenholders, and liquidity providers. In an on-chain message, the exploiter demanded that the hostilities subside before negotiations could proceed. They threatened to postpone any potential treaty announcement until all parties involved can engage in a more
In a significant development in the ongoing SEC case against Terraform Labs, a U.S. court has ruled that Jump Crypto, a “third party,” will be allowed to submit certain information to the court in confidence. This ruling, according to an order made on November 28, grants Jump Crypto the opportunity to present its evidence discreetly.
Bitcoin, the world’s most popular cryptocurrency, has recently caught the attention of the crypto community due to a bold prediction made by the controversial Stock-to-Flow (S2F) model creator, PlanB. In a statement posted on social media, PlanB confidently declared that Bitcoin’s price would never drop below the $35,000 threshold again. This assertion was supported by
Ethereum’s native cryptocurrency, Ether (ETH), has showcased remarkable resilience after the market crash in the latter part of 2022. Currently trading at approximately $2,000, ETH has seen a 70% price increase since the beginning of the year. Analysts believe that this positive trend is just the tip of the iceberg and could potentially lead ETH