This Legendary Bitcoin Metric Is Giving Green Light For Bullish Action, Quant Explains

A quant has pointed out that a popular on-chain indicator for Bitcoin gives the asset the green light to experience bullish price action. Bitcoin Puell Multiple Has Observed A Plunge Recently As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Puell Multiple is currently in the “safe to buy zone.” The “Puell

April Marks A Record Low In Crypto Hacks And Scams: A Sign Of Strengthening Security?

In April, the crypto community witnessed a historic downturn in financial losses due to fewer hacks and scams. According to blockchain security firm CertiK, the total damages of these types of crypto attacks dipped to a record low in April. Breakdown Of April’s Crypto Losses CertiK’s latest data reveals a substantial decline in the total

MicroStrategy’s Michael Saylor Rakes In $400M From Bitcoin Investments, Report Reveals

Michael Saylor, co-founder and executive chairman of business intelligence company MicroStrategy, went on a Bitcoin (BTC) buying spree in 2020 that has since paid off in a major way.  Saylor Turns $1 Salary Into $400 Million According to a Fortune Magazine report, Saylor has reportedly pocketed an estimated $400 million from pre-planned daily sales of

American Investment Bank Morgan Stanley Wants To Add Spot Bitcoin ETFs To 12 New Funds

American multinational investment bank and financial services company, Morgan Stanley has revealed intentions to add Spot Bitcoin Exchange Traded Funds (ETFs) into a selection of its institutionally focused funds. This strategic move potentially reflects Morgan Stanley’s intent to expand into the digital asset space while also capitalizing on the growing interest in digital assets.  Morgan

Binance Founder CZ’s Trial Begins Today: Lawyers Discuss Potential Prison Time

Changpeng Zhao, also known as CZ, the founder and former CEO of Binance, one of the largest cryptocurrency exchanges, is awaiting sentencing in a highly-anticipated court hearing in Seattle set to begin on Tuesday.  In November, Zhao pleaded guilty to enabling money laundering on the Binance platform, marking a significant development in a case that

Spot Bitcoin And Ethereum ETFs See Sluggish Start In Hong Kong

Hong Kong’s financial market witnessed a subdued start for its newly launched spot Bitcoin and Ethereum exchange-traded funds (ETFs), which did not meet initial trading volume expectations. Despite substantial initial issuance sizes, market interest appeared restrained, as evidenced by the trading data for the first day. Spot Bitcoin And Ethereum ETFs See Lukewarm Debut The

Is Bitcoin Mining ‘Dangerously Centralised’? What New Research Shows

Recent findings from BitMEX Research have reignited concerns about the centralization of Bitcoin mining. Their study, which cites insights from Bitcoin analyst Alex Bergeron, points out that a single entity now controls the Coinbase outputs for approximately 47% of the network hashrate—a significant concentration that suggests a shift toward oligopolistic tendencies within the Bitcoin mining

Vitalik Buterin Baffles Crypto Twitter: Can You Solve His Math Puzzle?

Vitalik Buterin, the enigmatic co-founder of Ethereum, sent shockwaves through the crypto Twittersphere this past weekend with a series of seemingly nonsensical equations. The equations, which defied basic arithmetic (think 2 + 2 = 0), left many scratching their heads and fearing a break in the very fabric of mathematics. However, as it turns out,

XRP Lawsuit: SEC Counters Ripple’s Motion To Strike – A Detailed Analysis

In the XRP lawsuit, the Securities and Exchange Commission (SEC) has countered Ripple Labs’s recent motion to strike the declaration of SEC summary witness Andrea Fox. The agency’s filing asserts that the testimony is permissible as summary evidence under federal law, not requiring expert disclosure as claimed by Ripple. The SEC’s motion, directed to Judge

Crypto Ads Crackdown: Thailand’s SEC Warns Exchanges Against Misleading Advertising

Thailand’s Securities and Exchange Commission (SEC) warned digital asset platforms over crypto promotion and misleading advertisement. According to local reports, these platforms must be careful with their ads and focus on benefiting investors. The warning follows the regulator’s efforts to stringently regulate the country amid growing concerns over crypto-related online scams. Related Reading: Spot Bitcoin

Bitcoin Whales, Not Retailers, Are Safe If The United States Government Begins Confiscating Coins: Analyst

Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins,

Ethereum Regulatory Saga: Court Filings Expose SEC Chair Gensler’s Stand

Newly disclosed court filings have shed light on the belief of the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, that Ethereum (ETH) is an “unregistered security” under the Howey Test, which is considered by the vast majority of crypto advocates to be an outdated legal framework for regulating crypto assets.   According

Cyber Heist Alert: North Korea Hackers Lazarus Group Use LinkedIn To Prey on Crypto Firms

The notorious Lazarus Group, a cyber-hacker entity backed by North Korea, appears to have escalated its fraudulent activities to attack crypto by exploiting LinkedIn’s professional networking platform. This cyber threat has been detailed in a report by SlowMist, a leading information security firm. The Lazarus Group, known for its elaborate cyber offenses, has now impersonated

Expert Flags Dangers Of Spot Bitcoin ETFs: Labels Them ‘Orange FOMO Poker Chips’

Market expert and researcher Jim Bianco recently voiced cautionary remarks regarding the alleged risks of spot Bitcoin ETFs. Bianco’s insights shed light on these ETFs’ implications for the market and address specific concerns related to investor behavior. Minimal Involvement In New Bitcoin ETFs? In a thought-provoking social media post on X (formerly Twitter), Bianco emphasized his

Shiba Inu’s Decentralized Exchange ShibaSwap Expands To Shibarium

Shiba Inu has announced the expansion of its decentralized exchange (DEX), ShibaSwap, to include support for Shibarium, its related Ethereum Layer 2 (L2) blockchain. This development introduces multi-chain functionality to ShibaSwap, allowing it to operate across both the Ethereum and Shibarium platforms, a move set to significantly enhance its operational flexibility and efficiency. Shiba Inu

Bitcoin To $300,000? Crypto Pundit Reveals What Will Drive It

A crypto analyst has suggested that Bitcoin’s price movements were indicative of a potential surge to $300,000. The analyst has revealed key technical indicators and patterns that could signal BTC’s drive to a new target all-time high.  Bitcoin Poised For Aggressive Bull Cycle Phase A crypto analyst identified as ‘TradingShot’ on TradingView, a financial market

Total Crypto Ban In Russia Imminent: Lawmakers Confirm Enforcement In 5 Months

Russian lawmakers have announced their intention to introduce restrictions on the circulation of crypto assets, which could be implemented as early as September 1.  The Chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov, revealed that a vote on a ban on organizing cryptocurrency circulation will be held in the coming weeks. 

BlackRock Spot Bitcoin ETF Grinds To A Halt, Records Longest Stretch Without Inflows

American multinational investment company, BlackRock has witnessed a significant lull in investments for its Spots Bitcoin ETF, iShare’s Bitcoin Trust (IBIT). With the ETF provider recording its longest period of zero flows, there may be possibilities that investor interest in Spot Bitcoin ETFs might be waning.   BlackRock Sees Zero Bitcoin ETF Flows Despite being the

Casinoways Casino UK Review 2024

Welcome to this comprehensive review of Casinoways Casino, the latest entrant in the UK online casino market. As a brand new non-Gamstop platform, Casinoways brings with it the excitement of fresh beginnings, cutting-edge technology, and the promise of redefining the online gambling experience. In a market where legacy and tradition often dominate, a fresh new

Ethereum Spot ETFs Unlikely To Get Green Light In May: Tron Founder

Expectations that the highly anticipated Ethereum Spot Exchange-Traded Funds (ETFs) will be approved by the United States Securities and Exchange Commission (SEC) have continued to drop. In this regard, Justin Sun, founder of the Tron network, has made a significant prediction on the regulatory chances of Spot Ethereum ETF, indicating that it is unlikely that