Ethereum ICO Whale Cashes Out After ETH Price Hits $3,000: Bearish?

Lookonchain data on February 20 shows that an Ethereum whale and one of the early investors who participated in the 2014 Initial Coin Offering (ICO) cashed out when prices briefly breached $3,000. ETH Whale Exits At $3,000: Bullish or Bearish? Before today’s liquidation, on-chain data shows that the whale, who acquired 3,465 ETH for approximately $10.30 during

Former NFL Star Russell Okung’s Crypto Adoption Comments Ignite Bitcoin vs. Stablecoins Debate

Comments on Lightning Network adoption, made by Russell Okung, a former NFL star who is among the first to receive part of his salary in crypto, sparked a discussion that highlighted the opposing opinions of the crypto community about the usage of bitcoin and stablecoins in emerging markets. Russell Okung Ignites Discussion on Bitcoin vs.

Dogecoin Usage Explodes: DOGE Processing A Million Moves A Day

On-chain data shows the Dogecoin network has seen consistently high usage recently, as the coin has been handling a million moves a day. Dogecoin Has Continued To Observe High Usage Recently According to data from the market intelligence platform IntoTheBlock, DOGE has observed a high amount of activity recently. The on-chain relevance metric here is

Shiba Inu Team Prepares To Go On Massive Burn Spree, These 4 Assets Are The Targets

Popular Shiba Inu marketing influencer, Lucie has unveiled a new token burn structure designed to enhance the value of the ecosystem. This innovative burn scheme will involve utilizing funds from the upcoming Sheboshi Non-fungible token (NFT) drops to burn four of Shiba Inu’s flagship tokens, along with two highly anticipated upcoming tokens.  Shiba Inu Extensive

Crypto Regulations On The Horizon: UK Prepares To Release New Laws In 6 Months

In a recent development, the United Kingdom (UK) government plans to implement new crypto regulations for stablecoins and staking services within the next six months, according to a Bloomberg report.  As the pressure builds to fulfill specific proposals before an impending general election, the Economic Secretary to the UK Treasury, Bim Afolami, expressed the government’s

Major Egyptian Bank Joins Forces With Ripple For Cross-Border Payments

The Commercial International Bank (CIB) of Egypt has entered into a partnership with Ripple Labs, marking a significant milestone in the adoption of blockchain technology for cross-border payments within the Egyptian financial sector. This collaboration, as detailed in the “Egypt Fintech 2024” report by Shehata & Partners Law Firm, aims to revolutionize the efficiency of

From Crypto To Gangster? SBF’s First Photo In Jail Comes To Light

Following his conviction from a US court, the founder of crypto exchange FTX, Sam Bankman Fried (SBF), has been spending his days in Brooklyn’s Metropolitan Detention Center (MDC). The crypto mogul, one of the wealthiest individuals on earth, exchanged luxury penthouses for a prison cell. Related Reading: FTX Faces Lawsuit From Creditors Challenging $16,000 Bitcoin

Is Edward Snowden Bitcoin Creator Satoshi Nakamoto? Here’s His Response

The possibility of Edward Snowden, the former National Security Agency (NSA) contractor and whistleblower, being Satoshi Nakamoto, the Bitcoin creator, was recently raised. Snowden responded and warned about what should happen if he ever claims to be the Bitcoin founder.  Snowden’s Response About Him Being Bitcoin Creator Snowden didn’t categorically affirm or deny whether he

Ripple Vs. SEC Legal Dispute: Expert Speculates On April Conclusion

The ongoing legal battle between San Fransisco-based payment firm Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC) is presently in the limelight as today marks the deadline of the lawsuit’s discovery phase. Set Of Crucial Dates For Ripple Vs. SEC Lawsuit Ashley Prosper, an XRP community member, shared the latest development

Really Now? Bitcoin Will Hit $100,000 This June 2024, Finance Guru Predicts

Financial guru Robert Kiyosaki has ignited the crypto community with his latest price prediction, claiming Bitcoin will hit $100,000 by June 2024. However, experts urge caution, reminding investors of the inherent volatility and uncertainty surrounding such forecasts. Related Reading: Someone Just Bought $160 Million In Ether – Was It Justin Sun? Bold Prediction, Familiar Voice

Ethereum LSTs, LRTs, And Stablecoins: Decoding The Effects Of ‘Magic Money’ On Bitcoin And Crypto

A crypto analyst has provided insights into how the structure of the Ethereum ecosystem could bring Bitcoin and the broader crypto market down. His analysis focused on Ethereum’s liquid-staked tokens (LSTs), liquid-restaked tokens (LRTs) and stablecoins backed by these tokens and how they could lead to the next “bubble” burst.  Magic Money That Could Lead

Australian Police Officer in Court for Stealing Nearly 82 BTC From Seized Drug Trafficker’s Wallet

An Australian police officer recently appeared in a Melbourne court where he faced charges of stealing 81.616 bitcoins from a crypto wallet seized from drug traffickers. After initially blaming the drug traffickers,’ the Australian Federal Police later reopened the case after an expert found evidence linking the theft to a former police officer. The accused

Experts Warn Of 6102-Style Bitcoin Ban In The US, What Does It Mean?

The Bitcoin community is currently hotly debating the possibility of a US government crackdown on BTC akin to the historic 1933 gold confiscation, an event now ominously referenced in crypto circles as “6102.” David Bailey, CEO of BTC Media, has catapulted this conversation into the spotlight with a series of predictions on X (formerly Twitter),

Solana Integrates Filecoin to Enhance Historic Data Accessibility

Solana, one of the top proof-of-stake blockchains, has integrated Filecoin, a decentralized file-saving blockchain-based system, to make its block history accessible for third-party apps. According to Filecoin, this will allow Solana to achieve improved redundancy and scalability for part of its data set while leveraging a decentralized solution like Filecoin. Solana to Integrate Filecoin to

Someone Just Bought $160 Million In Ether – Was It Justin Sun?

The cryptocurrency community is abuzz after a wallet with suspected ties to Tron founder Justin Sun gobbled up a staggering $161 million worth of Ether on February 19th. This whale-sized purchase has sent shockwaves through the market, igniting speculation and potentially signaling a positive outlook for the world’s second-largest cryptocurrency. At the time of writing,

Pro-XRP Attorney Deaton’s Potential Candidacy Worries Sen. Warren

US Senator Elizabeth Warren is reportedly mobilizing her donor base in response to the potential candidacy of pro-XRP attorney John E. Deaton, a staunch crypto advocate, for her Massachusetts Senate seat. This development, first reported by Fox Business journalist Eleanor Terrett via X (formerly Twitter), signifies a notable escalation in the clash between crypto proponents

Investors in Collapsed Ponzi Scheme Resist Liquidator’s Attempts to Force Repayment at Current BTC Prices

Investors in the bitcoin Ponzi scheme Mirror Trading International are reportedly resisting liquidators’ attempts to have them repay digital assets withdrawn before it collapsed. According to the investors’ lawyer, MTI liquidators are intentionally misinterpreting the Insolvency Act for their benefit. Liquidators Face Accusations of Prolonging the Settlement Process A group of Mirror Trading International (MTI)

Robert Kiyosaki Expects Bitcoin to Hit $100K by June This Year

Rich Dad Poor Dad author Robert Kiyosaki expects the price of bitcoin to reach $100,000 by June this year. This prediction aligns with his earlier forecast of bitcoin’s rise and gold’s decline. Kiyosaki recently increased his bitcoin holdings in anticipation of a price surge fueled by the recent approval of spot bitcoin exchange-traded funds (ETFs)

Edward Snowden Calls Bitcoin ‘Most Significant Monetary Advance Since the Creation of Coinage’

Edward Snowden, a privacy advocate and former National Security Agency (NSA) contractor and whistleblower, says bitcoin “is the most significant monetary advance since the creation of coinage.” He views his statement as “unpopular but true.” Edward Snowden’s ‘Unpopular but True’ Bitcoin Statement Edward Snowden, a privacy advocate, posted about bitcoin on social media platform X

Japan Embraces Crypto: Investment Funds Given Green Light To Hold Digital Assets

According to a Bloomberg report, Japan is progressing towards enabling venture capital firms and other investment funds to hold crypto assets directly. Prime Minister Fumio Kishida’s administration has agreed to submit a revised bill to implement this change, marking a significant development in the country’s approach to cryptocurrencies. Prime Minister Kishida Backs Crypto Integration Per

Bitcoin Roadmap To $150,000: Why A 40% Correction Is Expected

The Bitcoin price surged above $50,000 and mounted a sustained rally to $53,000 before retracing back downward, something that has taken the market by surprise. However, with expectations waxing stronger for the cryptocurrency, it could signal time for a possible correction and crypto analyst and market expert Michaël van de Poppe believes this correction could

Massive Crypto Breach: Hackers Extract $26 Million In BTC And ETH From This Exchange

In a recent development, decentralized finance (DeFi) crypto exchange FixedFloat has been targeted by hackers in a high-profile hack, resulting in the theft of over $26 million worth of Bitcoin (BTC) and Ethereum (ETH) from the exchange. The incident came to light through a report by researcher Officer’s Notes, which uncovered the details of the

Crypto Euphoria: Digital Asset Funds Sees $2.4 Billion Inflows – Here Are The Key Factors Behind It

CoinShares, a crypto asset management firm, has recently reported that there has been a notable surge in weekly inflows into crypto asset investment products, reaching a record high of $2.45 billion. The cumulative inflows for the year-to-date period have now reached $5.2 billion. According to the firm’s Head of Research, James Butterfill, the recent surge

Shiba Inu Stands Tall As Coinbase Delists Bitcoin, Dogecoin From Payment Service

Shiba Inu (SHIB) has gotten one over its meme coin counterpart, Dogecoin (DOGE), following Coinbase’s decision to delist crypto tokens adopting the UXTO model, including the flagship cryptocurrency, Bitcoin, from its payment service.  Coinbase Delists Bitcoin And Dogecoin, But Keeps Shiba Inu The Product Lead for Coinbase Commerce, Lauren Dowling, revealed in an X (formerly

Ripple CTO Explains What Drives The XRP Price

Amidst swirling discussions and concerns within the cryptocurrency community regarding the price performance of XRP, Ripple’s Chief Technology Officer, David Schwartz, has taken to X (formerly Twitter) to address and clarify the company’s position and actions related to XRP sales. This conversation comes at a time when allegations of price manipulation have been levied against