25 records · page 2 of 3
Powell’s dovish remarks sparked $388M in Ethereum liquidations. A $642M Bitcoin-to-Ethereum whale trade suggests shifting institutional demand. A seven-year-old Bitcoin wallet has surfaced, bringing volatility to the crypto market after a significant asset transfer. The wallet sold 100,784 BTC, valued at $642 million, and redirected the funds into Ethereum (ETH). Whale’s $850 Million Bet Signals
Bradley Nelson3 min read
While most cryptocurrencies, including Bitcoin, have dropped below key support levels over the past few days, Ethereum (ETH) and Solana (SOL) have shown signs of strength despite the uncertainty caused by macroeconomic factors, like last week’s negative Producer Price Index report, which dimmed hopes for an interest rate cut in September. The drop in crypto
Andrew Richard3 min read
Bitcoin surpassed the all-time high of $123,206 and rallied to $124,414 on Thursday morning. The surge comes amid growing speculations that the US Federal Reserve could announce its first rate cut of the year next month, following a positive Consumer Price Index (CPI) report earlier this week that showed declining inflation in the United States.
Andrew Richard3 min read
Bitcoin bears have continued to defend the $120,000 resistance, but the bulls haven’t allowed them to pull the coin below key support levels. This suggests that the bulls intend to push BTC above that key barrier to start the second leg of the uptrend in the coming days. According to Tom Lee, the head of
Andrew Richard3 min read
Ethereum jumps above $3,300 as record ETF inflows, corporate buys, and political support drive bullish momentum. Spot Ethereum (ETH) ETFs in the United States registered huge amounts of fund inflow in a day totaling $726.6 million. This was the biggest intake in a single day since the inception of the funds. The influx happened on
Bradley Nelson3 min read
Ethereum provides the base layer for international finance through digital treasuries, while sovereign nations use the blockchain for multiple purposes. The pattern of blockchain use is shifting from experiments in retail to broader adoption by large firms, and Ethereum is becoming the basis for developing a new generation of compliance-friendly financial systems that can be
Bradley Nelson3 min read
Millions of crypto gaming enthusiasts are set to receive free tokens via airdrops in 2025. This article lists eleven gaming projects that will conduct token airdrops in the first quarter. Read on to learn more. Off the Grid Launched on the Avalanche blockchain, Off the Grid entered the market last October. Its creator, Gunzilla Games,
Andrew Richard3 min read
US Prosecutors Charge Two NFT Scammers On Friday, two California-based men were charged with masterminding several NFT rug pulls that saw investors lose over $22 million. The US Justice Department said the NFT scheme was the largest it had ever prosecuted. The accused, Gavin Mayo and Gabriel Hay, were charged with conspiracy to commit wire
Andrew Richard2 min read
Chainlink emerged as one of the big gainers in the market on Thursday, reaching $29.45, a level not seen since January 2022. Its rise shows a fast-improving ecosystem and strong interest among institutional investors. After adding another 20% over the last week alone, LINK has more than trebled in price within the past 30 days.
Bradley Nelson3 min read
South Korean authorities have accused North Korean hackers of attacking the Upbit crypto exchange in 2019 and making away with $50 million in crypto. According to the National Office of Investigation (NOI), notorious hacker organizations Andariel and Lazaraus were behind the hack, in which about 342,000 ETH were stolen. Stolen Crypto Value Exceeds $1 Billion
Andrew Richard2 min read
Former President Trump has emerged as the front-runner in the upcoming elections as a Republican Party nominee. He is now facing off against VP Kamala Harris who quickly rose to popularity following her nomination as Democratic representative. During the election season, the crypto sector has become a heavily politicized topic. The phenomenon can be traced
Hassan Mehmood (Saudi Arabia)Updated 3 min read
Bitrue Ventures fund has opened a new funding account. The platform has allocated $200,000 directed towards Web3 startups. Bitrue Ventures’ Launches Fund to Support Web3 Firms Bitrue Ventures is a research and investment wing of the eponymous crypto trading platform. The total fund allocated to the new account is valued at $40 million that are
Hassan Mehmood (Saudi Arabia)Updated 3 min read
