Around $100 billion has left the crypto market over the past 24 hours as Bitcoin crashed in late trading on Jan. 3. BTC slumped as much as 8% to bottom out at around $42,000 before recovering to reclaim $43,000 again on Jan. 4. Many have cited reports and rumors that the highly anticipated pack of...Read More
Fidelity Investments, the $4.5 trillion asset manager, has taken a pivotal step towards mainstream adoption of cryptocurrencies by filing for SEC registration of its spot bitcoin ETF again. SEC Registration The filing, which involves submitting SEC Form 8-A, is a critical step towards making the bitcoin fund available for public trading, pending regulatory approval. By...Read More
In a recent post on social media platform X, cryptocurrency analyst Bit Paine presented a compelling forecast for the value of Bitcoin (BTC) reaching $1 million by January 3, 2025. Paine provides an in-depth analysis, highlighting key factors that could drive this significant value increase. Analyst Predicts Potential Supply Shock in Bitcoin Market Paine’s analysis...Read More
Cross-chain lending protocol Radiant Capital has suffered a hack resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million, according to blockchain security and analytics firm PeckShield Inc. Radiant Capital operates as a decentralized borrowing and lending protocol featuring cross-chain functionality built using LayerZero technology. As of the latest data from DefiLlama, the...Read More
Tether’s total assets are not far away from $100 billion following a monumental rise over the past six years. The current figure for the firm’s total assets is $95.2 billion, according to its transparency report. Of that amount, $92 billion is in the dollar-pegged stablecoin, USDT. Tether Keeps Growing On Jan. 3, Tether and VanEck...Read More
Global macro investor Lyn Alden hopes to see Bitcoin (BTC) reach $200,000 per coin in the next two years, believing $100,000 would be a “disappointing” outcome. In a Monday episode of What Bitcoin Did, Alden assessed Bitcoin’s role within the current macroeconomic environment, and why its potential price destination may be hard to forecast between...Read More
As the research report of Matrixport analyst Markus Thielen emerged, the Bitcoin (BTC) price suffered a flash crash. The report suggested that the SEC could reject all the ETF applications, which stands in contrast with the other reports. This caused nearly $2 billion of OI to be wiped out of the markets, and more than...Read More
On this day, 15 years ago, Satoshi Nakamoto mined the genesis block of the Bitcoin network, laying the foundation for the cryptocurrency industry. Since 2009, the community has celebrated Bitcoin’s birthday every January 3, reminiscing about one of the most significant moments in crypto history. Bitcoin’s 15th Anniversary The genesis block contains the first 50...Read More
[PRESS RELEASE – New York, United States, January 3rd, 2024] PawFury’s invites gaming enthusiasts to the forefront of play-to-earn innovation with its latest launch, $PawFactory. Users are invited to dive into a world where their gaming prowess and investment savvy are equally rewarded. PawFury’s live presale offers more than just a pass to gaming; it’s...Read More
Following an impressive resurgence, Solana has emerged as one of the hottest cryptocurrencies in recent weeks. The digital asset has witnessed a remarkable surge, soaring by over 775% in the last year, attracting investors eager to leverage its impressive rally, which in turn has pumped several tokens based on the Solana blockchain. BORK Mania on...Read More
Matrixport, a crypto-financial service platform, has been notably optimistic about the approval of a spot Bitcoin ETF this month. However, the firm’s recent report suggests a shift in sentiment, speculating that the US Securities and Exchange Commission (SEC) may reject any proposals in January. January Blues for Crypto? The growing anticipation within the crypto community...Read More
The leading block explorer, API, and analytics platform for the Ethereum network, Etherscan, has announced a strategic acquisition of Solana’s leading block explorer, Solscan. According to the announcement, the Solscan ecosystem has officially joined the Etherscan portfolio, including BNB Smart Chain explorer Bscscan. Amid the exponential growth of the Solana ecosystem, the acquisition by Etherscan...Read More
Michael Saylor, the founder and former CEO of enterprise software firm MicroStrategy, is selling $216 million worth of MSTR stock from his personal holdings. In contrast, the Bitcoin supporter has not informed that he will be disposing of any of his BTC stash. Stock Value Nearly Quadrupled YoY Microstrategy has famously bought Bitcoin whenever possible,...Read More
[PRESS RELEASE – Singapore, Singapore, January 3rd, 2024] Bunzz pte ltd (Singapore), the operator of the Web3 development infrastructure “Bunzz”, has announced the release of the open beta version of its AI-powered smart contract audit tool “Bunzz Audit”. The company is starting to provide Free Audit Reports for the first 20 projects. Overcoming Challenges in...Read More
Although Ripple’s price didn’t post the 150% profit that Bitcoin delivered investors in 2023, XRP still had a phenomenal year. Moreover, the protocol scored key legal victories against the SEC. Tokens for the multi-currency cross-border settlements protocol by Ripple Labs delivered 80% returns over the previous year, rallying from $0.348556 on Jan. 2, 2023, to $0.630082...Read More
Mickey Mouse, the iconic mascot of the Walt Disney Company, has broken free from the shackles of copyright and made a splash in the world of NFTs. The earlier version of Mickey – featured in the 1928 short film “Steamboat Willie” – recently entered the public domain, marking a historic moment in the realm of...Read More
Bitcoin (BTC) miners have suddenly begun offloading their BTC holdings to crypto exchanges, signaling a potential reversal of months of upward price momentum. Per a Sunday post from SignalQuant – an author for Bitcoin analytics firm CryptoQuant – paying attention to short-term miner behavior may be necessary for “wise investment.” The Meaning Of Miner Deposits...Read More
Chinese official media has highlighted the growing concern over corrupt officials utilizing advanced methods to conceal and transfer illicit gains. This trend, marked by the use of cryptocurrencies and other digital mediums, was a central topic at the 2023 annual meeting of the China Integrity and Legal Research Association. China Faces New Wave of Crypto-Related...Read More
Fox Business reporter Eleanor Terrett believes the sentiment surrounding a spot Bitcoin (BTC) ETF approval in early January is low. It’s worth noting, however, that despite Terrett’s perspective, a considerable number of analysts expect the approval of such products during the same period. SEC is Reviewing Changes to S-1 Filings In a post on X,...Read More
Top cryptocurrencies have displayed a positive start to the year as the industry has witnessed a jump of over 5% in its valuation within the past 24 hours. Further, the LDO price has jumped over 11%, making it one of the top gainers in the crypto space for the past day. The Lido Dao price...Read More
Vitalik Buterin, the co-founder of Ethereum, has released a roadmap detailing the network’s upgrades and activities for 2024. In a series of tweets, Buterin stated that the 2024 roadmap contained few changes from the 2023 plan and that the network is set to focus on the Merge, the Surge, the Scourge, the Verge, the Purge,...Read More
A wave of anticipated Bitcoin (BTC) spot ETF approvals appear days away from launch – yet one of the race’s largest players may be behind on its regulatory procedures. Bloomberg ETF analyst Eric Balchunas noted on Tuesday that the firm’s latest S-3 filing for its Bitcoin ETF is still absent critical information that rival fund...Read More
Bill Lou, the CEO and co-founder of Nest Wallet, has shared on X that he had fallen victim to a crypto phishing attack, resulting in the loss of 52 stETH, equivalent to $125,000. The security-focused crypto wallet app co-founder asked for help with the attack from ZackXBT, a crypto sleuth, and others who could help....Read More
The crypto market sentiment has turned to greed, signaling a bullish stance among investors. According to crypto data source Alternative.me, the Fear and Greed Index is currently at 71/100, representing a period of greed among Bitcoin (BTC) investors. This comes as the leading digital asset surges past the $45,000 resistance level as anticipation around potential...Read More
[PRESS RELEASE – UAE, Dubai, January 2nd, 2024] Meta Force is one step closer to launching the Metaverse. The other day, the founder of the crypto platform, Lado Okhotnikov, announced readiness to launch the next Tactile program. This innovative system will combine products, cashback and a unique reward structure through an affiliate program, and will...Read More
Bitcoin made its entry in 2024 with the highest surge since April 2022, which is now trading above $45,000. As it became the talk of the town, many analysts, economists, and Bitcoin holders shared the major factors that have dipped Bitcoin value to the sky. Predicted Factors One of the primary factors driving the recent...Read More
Bitcoin reached its highest point in almost 21 months, surpassing $45,800, as the ongoing crypto rally extends into 2024. A new report suggests that the flagship asset is set for more gains in the coming weeks, with several catalysts in play. Matrixport’s latest analysis suggests the potential approval of a spot Bitcoin ETF, which could...Read More
Barely 24 hours into the new year, the decentralized cross-chain protocol Orbit Bridge has been hacked for millions of dollars in cryptocurrencies. According to an official tweet, attackers gained unauthorized access to the Orbit Bridge at 08:52 pm UTC on December 31. The protocol is engaging with international law enforcement agencies and conducting an analysis...Read More
[PRESS RELEASE – Zug, Switzerland, January 2nd, 2024] In collaboration with Telekom MMS, a wholly-owned subsidiary of Deutsche Telekom, stc Bahrain, Heartcore Capital, Arca Finance, Cardinal Cryptography, and others, the hybrid event offers different tracks with up to $575K USD in bounties and funding opportunities. The Aleph Zero Foundation, committed to the advancement and adoption...Read More
Bitcoin has gained 7.2% over the past 24 hours to reach an intraday high of $45,498 during the Tuesday morning Asian trading session. Prices remained flat over the holiday weekend but have started to move as the first working week of the new year begins. The big move has pushed the world’s largest digital asset...Read More
