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.” #Ethereum...Read More
ETH has been one of the best-performing assets lately, witnessing a remarkable surge above $2,900 as it reached its highest point in almost two years. Currently, Ethereum futures traders appear to be increasingly confident about the leading altcoin’s trajectory. This was evident by the significant surge in open interest which reached its peak to levels...Read More
[PRESS RELEASE – Kingstown, St Vincent and the Grenadines, February 19th, 2024] Minutes Network, the world’s only blockchain-based, distributed, and decentralized voice carrier, has declared its plan to onboard over 1.2 billion users over the next two years. The key to this expansion plan is the proprietary Rapid Growth Library (MRGL) which enables rapid user...Read More
Amidst a meaningful market recovery, digital asset investment products welcomed a record weekly inflows of $2.45 billion. This pushed year-to-date inflows to now at an impressive $5.2 billion. These numbers, combined with recent favorable price trends, have pushed the total assets under management (AuM) to $67 billion, the highest level since December 2021. Solana Faces...Read More
Rabby Wallet is a somewhat popular crypto wallet made by Debank that has been around for a while now and boasts support for 141 chains and multiple signing modes. On the 16th of February, the company behind Rabby Wallet announced the launch of the beta version of its mobile app. Unfortunately for fans of the...Read More
South Korea’s ruling People Power Party is reportedly advocating for a further two-year taxation postponement on cryptocurrency investment gains, which appears to be part of the party’s campaign for the general election coming in April. Notably, the program was scheduled earlier for 2023 and rescheduled to January 2025, and the current People Power Party request...Read More
Vitalik Buterin has taken to social media to express his anticipation for the imminent integration of “Verkle trees” onto the Ethereum blockchain. He emphasized that this advancement will enhance the functionality of staking nodes, decrease disk space requirements, and elevate the overall user experience. Enhanced Efficiency and Decentralization In a recent post on the social...Read More
TLDR Cardano introduces the Plutus V3 upgrade in preparation for the Chang hard fork. Anonymous ‘whale’ was discovered to have transferred about $14.7 million worth of XRP to Bitstamp. Meme coin Rebel Satoshi is about to embark on a DeFi movement once it officially launches next month. Top 5 cryptocurrencies Cardano (ADA) and XRP (XRP)...Read More
An unidentified trader has successfully generated a profit of $176,000 from a modest initial investment of 0.049 ETH, valued at just $137 at the time. Per analysis by Lookonchain, the trader initially utilized 0.049 ETH to acquire 16 million SORA tokens. Trader Nets 1280x Return The trader then made a strategic move by selling 12.36...Read More
Grayscale GBTC’s outflows have been experiencing outflows. Data shows that as of February 16th, the total funds withdrawn from GBTC since its conversion to a spot Bitcoin ETF have amounted to $7 billion. While the figure appears to be slowing down considerably, the once-premier fund is seeing stiff competition from ETFs by BlackRock and Fidelity,...Read More
[PRESS RELEASE – London, United Kingdom, February 19th, 2024] Mixero is helping people everywhere enjoy more private crypto transactions through its simple, powerful, anonymous mixing service. Mixero, the leading Bitcoin mixer service, is doing its part to ensure anonymity at a time when cybercriminals are heavily targeting cryptocurrency. One of the biggest concerns that cryptocurrency...Read More
[PRESS RELEASE – Tokyo, Japan, February 19th, 2024] Slash Fintech Limited is expanding the availability of the Slash Deposit feature, previously exclusive to Japanese users on Bybit, to all Bybit users worldwide. This move aligns with our goal of improving accessibility and user experiences in the crypto space. To mark this milestone, we are launching...Read More
ETH has been experiencing a surge alongside the overall market’s rebound, climbing nearly 20% in the last week. With a significant rise approaching $3,000, the altcoin’s price increase has been backed by substantial accumulation by whale entities. The buying spree by influential investors of the altcoin reflects the growing confidence as the industry anticipates the...Read More
It has been more than two years since the popular Laser-eye movements took over Crypto Twitter (X) when numerous Bitcoin proponents believed the asset will inevitably hit $100,000 after it had surged past $50,000 and $60,000. However, as everyone who has followed even remotely the industry knows, that didn’t happen. Just the opposite, the landscape...Read More
On Feb. 18, the FixedFloat team confirmed that the platform was hacked after blockchain sleuths reported the spurious crypto movements. “We confirm that there was indeed a hack and theft of funds,” it stated in response to a post on X revealing the exploiter’s address. However, no further details were provided, with the team stating,...Read More
[PRESS RELEASE – Bucharest, Romania, February 19th, 2024] RHUNA is a visionary fintech platform dedicated to revolutionizing the events and entertainment industry through innovative technology. By integrating Web 3.0 and blockchain technologies, RHUNA aims to enhance user experiences, improve security and transparency, and foster a closer, more engaged community around the globe. UNTOLD Universe is...Read More
The United States Attorney’s Office for the Southern District of Florida has unveiled charges against Adam Todd, the founder and CEO of crypto futures trading platform Digitex Futures Exchange, alleging that he intentionally caused his company to violate the Bank Secrecy Act. According to an official announcement, Todd illegally operated Digitex as an unregistered crypto...Read More
The Financial Conduct Authority (FCA) has issued 450 warnings to companies unlawfully promoting cryptocurrency assets from October 8, 2023, to December 31, 2023. The regulatory agency is currently collaborating with technology firms to eliminate and block unauthorized advertisements across various platforms like websites, mobile apps, and social media accounts. This effort led to the removal...Read More
South Korea has witnessed a surge in crypto trading, particularly following a market recovery. Correspondingly, authorities in the country received almost 49% more alerts of potentially suspicious transactions from crypto service providers in 2023 compared to the previous year. A paper from the Financial Intelligence Unit (FIU) revealed that South Korea logged 16,076 instances of...Read More
The Angel Drainer phishing group reportedly pilfered over $400,000 from 128 crypto wallets using a new tactic. A recent analysis suggests that the notorious entity exploited Etherscan’s verification tool to mask the malicious nature of a smart contract. Blockaid, a popular blockchain security company, disclosed on X (formerly Twitter) that the attack kicked off at...Read More
Robinhood’s quarterly results are in – and they have once again beaten expectations, if only by a marginal amount. Although Robinhood has by no means been spared the aftershocks felt throughout the crypto market and the larger economic sector, things are looking up for the popular trading firm. Revenues Are Up, Costs Are Down Overall,...Read More
Bitcoin (BTC) recently soared past the $50,000 mark for the first time since December 2021 and has remained on the rise, currently trading above $51,900. Analysts from on-chain intelligence platform CryptoQuant have attributed the asset’s rise to high demand from the recently approved spot Bitcoin exchange-traded funds (ETFs). According to CryptoQuant’s latest weekly report, an...Read More
Bitcoin’s start of 2024 has been quite impressive not only in price movements but also in terms of global adoption following the approvals of nearly a dozen spot BTC ETFs in the US. With the fourth halving scheduled to take place in about two months, the primary cryptocurrency is expected to have a highly positive...Read More
Crypto staking has emerged as a popular method for investors to earn passive income in the cryptocurrency market, and two prominent platforms leading the charge in this space are Ethereum (ETH) and Cardano (ADA). While both offer opportunities for staking, each presents unique benefits and risks that investors should consider. As we explore what drives...Read More
The Hedera Council announced a new partnership with food giant Mondelēz International, the company behind popular brands such as Toblerone, Cadbury, and Oreo. As the governance body for the Hedera public network, the council will assist Mondelēz in developing distributed ledger technology solutions for internal use. Currently, the Hedera network is governed by a wide...Read More
Stacks, a Bitcoin Layer 2 solution, had major growth over the last year with a 3,386% quarterly and 3,028% annual increase in its revenue, reaching $637,000. The market capitalization of Stack’s native cryptocurrency, STX, experienced a significant surge of 203% quarterly and an impressive 598% year-over-year, reaching a milestone of $2 billion. Stacks Q4 Report...Read More
As Cardano (ADA) navigates uncertain waters, a notable shift is unfolding among its investors, who are increasingly drawn to Pandoshi (PAMBO), an emerging cryptocurrency priced enticingly at $0.01. This shift underscores a growing interest in Pandoshi’s unique proposition in the cryptocurrency domain, particularly for those seeking viable alternatives in light of ADA’s potential downturn. Pandoshi’s...Read More
A federal police officer is currently undergoing legal proceedings in the Melbourne Magistrates’ Court, facing allegations of pocketing confiscated cryptocurrency from an online drug trafficking syndicate. The committal hearing, presided over by Magistrate Malcolm Thomas, is ongoing, with the defendant’s lawyer saying the case was “circumstantial” and they would dispute the accusations. Drug Trafficking Raid...Read More
[PRESS RELEASE – London, UK, February 17th, 2024] A Gateway to the Build the Future of Blockchain In a landscape where innovation meets expertise, MercureDAO emerges as the leading Web3 Incubator, standing ready to guide crypto projects towards success in this dynamic arena. Key Achievements: 30+ Project Incubated Helped to raise $20 Million 600+ Key...Read More
In spite of the fact that Coinbase has always been one of the most well-known trading platforms, business within the past few years hasn’t been much easier for them than lesser-known exchanges. Between crypto winter, an ongoing lawsuit, the need for personnel reductions, and the other expenses of running a business, Coinbase has suffered business...Read More
