Category: Crypto
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Bitcoin Price Could Fall to $50,000: Standard Chartered
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Global major bank Standard Chartered believes that the price of Bitcoin could see a further decline to around $50,000, according to recent comments. said Jeffrey Kendrick, Head of Foreign Exchange and Digital Assets Research at Standard Chartered Bank Bloc: “BTC’s proper break below $60,000 has now reopened the way to…
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Uniswap Founder Shares His Two Cents On Good Token Distributions
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Hayden Adams, founder of the Uniswap protocol, shared his opinion on what makes a good distribution or token offering. In a recent post on Platform Uniswap founder gives an opinion on good token distributions Adams began his view on good token allocations by saying that projects should allocate “tokens, not…
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Tether’s Record-breaking $4.5 Billion Profit From US Treasuries
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In innovative quarter l Tether, the main source of stablecoin, The company reported net income of $4.5 billion, driven largely by its extensive holdings of U.S. Treasury securities. This achievement strengthens the company’s position as a major player in the cryptocurrency market and underscores the growing importance of stablecoins as…
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Securitize, Agora, Moso, Hinkal, X10 score funds
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Cryptocurrency companies ended the week with around $62 million in venture capital (VC) raised from various companies, including BlackRock. Securitize receives $47 million Securitize, a leading digital asset securities company, has withdrawn most of the funds raised over the past few days. The company closed a major funding round on…
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New York Resident Charged in $43 Million Crypto-Related Ponzi Scheme
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A New York court and the Federal Bureau of Investigation (FBI) unsealed an indictment against Eden Dalbor. The 39-year-old New York resident was accused of organizing a sophisticated Ponzi scheme that allegedly defrauded investors out of $43 million. $43 million Ponzi scheme According to the IndictmentHe ran the Ponzi scheme…
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Grayscale Spot Bitcoin ETF Turns Positive After $17.5 Billion In Outflows, Sees Inflows For The First Time
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In a somewhat shocking development, Bitcoin Gray Box (GBTC) She recorded her first ever stream after watching Large daily flows Since its launch. Grayscale Bitcoin ETF records inflows of more than $60 million Grayscale’s Spot Bitcoin ETF finally broke its 82-day streak of outflows since its launch on January 11,…
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PayPal Partners with MoonPay to Expand Crypto Adoption in the US
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Bitwise First To Join New Spot Bitcoin ETF Transparency Dashboard By Hoseki
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HosekiA leader in Bitcoin and blockchain verification solutions has unveiled Hoseki Verified, a new verification product aimed at enhancing transparency and trust in the cryptocurrency industry, with a focus on verifying the assets of Bitcoin exchange-traded funds (ETFs), according to the press. The release was submitted to Bitcoin Magazine. This…
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10x Research Reveals Next Steps From Here
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Crypto research platform 10x Research I recently noticed that Relative strength of Bitcoin It jumped to 40%. In line with this, they have provided insight into the major moves the flagship cryptocurrency might make soon enough. What’s next for Bitcoin? in the news Entitled “An Imaginary Retreat?” 10x Research has…
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Moralis Adds Support For Polkadot’s Moonbeam Parachain: Unlocking Cross-Chain Capabilities
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The world of Web3 development is constantly evolving, with new developments and breakthroughs shaping the landscape of decentralized applications (dApps) and blockchain technology. In an exciting development, Moralis, a leading Web3 development platform, recently announced its support for Polkadot’s Moonbeam Parachain. This collaboration opens a world of possibilities for developers,…
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Tether CEO responds to alleged Bitfinex database attack from ‘F Society’
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A ransomware group claims to have targeted Bitfinex, but senior officials at the cryptocurrency exchange deny a cyberattack took place. The notorious group known as the F Society is raising concerns across the cryptocurrency community after claiming to have successfully hacked Bitfinex and gained access to a staggering 2.5 terabytes…
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The Top Layer 2 Networks by Development Activity in April
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While the cryptocurrency market witnessed significant bloodshed in April, layer 2 networks recorded significant developer activity, indicating strong faith in these projects despite the recent decline in the value of their native tokens. a tweet Cryptocurrency data analytics platform Santiment revealed that the top ten Layer 2 networks were selected…
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Shiba Inu Scores Another Major Listing That Could Send Price Flying
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Shiba Inu Another record has been made main menu like PayPal Users within the US can now purchase the dog-themed cryptocurrency through MoonPay, opening new horizons for its adoption and… It will likely lead to price increases. PayPal partners with MoonPay for Shiba Inu access The American multinational financial technology…
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OP_CAT: The Purr-fect Solution for Covenants?
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Is OP_CAT happening? The covenants proposal was just assigned BIP number #347. But before we delve deeper, let’s explore what covenants are and why Bitcoiners may want them. Is Bitcoin an ideal state of digital e-cash or do we want more from our coins on-chain? Scratching the Surface: Bitcoin Scripts…
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Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why
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Bitcoin is now at a critical crossroads, with many determining the course of its price for the rest of the year. Encryption has I was able to come back To the $60,000 area After getting off to $56,000 for the first time since April. Some analysts They are of the…
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Price Drops 98% Following Airdrop Debacle
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The realm of decentralized finance (DeFi) and blockchain-based social platforms has been electrified with the introduction of Friend.tech, a pioneering Web3 initiative designed to transform online communities. Centralized systems, with their inherent challenges and limitations such as control by governing bodies and financial intermediaries, starkly contrast with the decentralized ethos…
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BTC-e founder pleads guilty to laundering stolen Bitcoin
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Alexander Vinnik, co-founder of the now-defunct cryptocurrency exchange BTC-e, has admitted to conspiracy to launder money, marking a significant development in a long-running legal saga. Vinik’s guilty plea comes in the wake of a broader investigation that revealed widespread illegal activities at the stock exchange from 2011 to 2017. BTC-e:…
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Coinbase Q1 Revenue Hit $1.6 Billion Amid ETF Approvals, Surging 72%
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Coinbase, the largest cryptocurrency exchange in the United States, released its earnings report for the first quarter of 2024, reporting total revenue of $1.6 billion, an increase of 72% quarter-over-quarter. The performance was driven by rising crypto asset prices and the launch of spot bitcoin ETFs in the US which…
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Second Largest European Bank is Buying Bitcoin ETF: 13F SEC Fillings
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BNP Paribas, the second-largest European bank, recently bought exposure to Bitcoin through an exchange-traded fund. 13F filings with the Securities and Exchange Commission . BNP Paribas bought BlackRock’s iShares Bitcoin Trust ETF (IBIT), filings show. JUST IN: ?? The second largest European bank, BNP Paribas, announces exposure to… #Bitcoin ETF…
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Injective (INJ) Price In Danger If It Falls To Crucial Support Level: Analyst
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INJ, the native token of the Injective Network, started the month of May with a volatile price action marked by a series of significant losses and gains. As INJ attempts to establish a stable price path, popular Market X Crypto analyst Tony has highlighted a pivotal support area for the…