The crypto community’s attention has been drawn to a Shiba Inu whale that recently moved trillions of the meme coin. Given the magnitude of these transactions, community members have sought to discover where these tokens were transferred and the motive behind them. Shiba Inu Whale Moves 1.7 Trillion SHIB On-chain data shows that the whale
A recent report by OpenSecrets.org revealed that cryptocurrency industry Super Political Action Committees (PACs) have accumulated a staggering $102 million war chest to exert their influence on the upcoming 2024 US congressional elections. The data, compiled by Public Citizen, highlights the sector’s concerted efforts to sway elections in favor of pro-crypto candidates and impede regulatory
While Bitcoin continues to trade within the $60,000 to $70,000 range, a new wave of optimism is emerging from on-chain analysis. Willy Woo, an on-chain analyst, took to X on May 7 to point out an exciting development: high-net-worth BTC holders have been rapidly accumulating the coin. High Net-worth Whales Accumulating In a chart, the analyst
As the US Securities and Exchange Commission (SEC) continues to scrutinize crypto industry players, including Robinhood, Binance, Coinbase, and Ripple, the Chair of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, warns of an impending surge in enforcement actions. Crypto Faces Inevitable Wave Of Enforcement Actions At the Milken Institute’s 27th annual Global Conference, Behnam
Major cryptocurrencies have exhibited an interesting price dynamic in the past few days. According to data from Coinmarketcap, the majority of cryptocurrencies, including Dogecoin, have posted losses in the past 24 hours. On the other hand, some of these cryptocurrencies are still on a price increase when looking at a larger timeframe and many more
As the political temperature in the United States heats up ahead of upcoming elections, cryptocurrency is emerging as a significant topic among voters in key battleground states. An extensive online survey spearheaded by the Digital Currency Group (DCG) has highlighted the growing importance of digital currency policies in the electoral dialogue, particularly in states known
EMURGO, the commercial arm of the Cardano blockchain, has formed a strategic alliance with GSR, a prominent global cryptocurrency trading firm. This partnership aims to bolster the infrastructure of the ecosystem by leveraging GSR’s expertise in market liquidity and financial services. How The Partnership Will Boost Cardano EMURGO, established in 2015, plays a critical role
Popular cryptocurrency analyst, Michael van de Poppe has predicted a major bullish breakout for Chainlink (LINK), urging investors to hold on to their cryptocurrencies despite market volatility. Analyst Cautions Against Premature Sell-Off In an X (formerly Twitter) post on Monday, May 5, Poppe shared a LINK/BTC price chart, depicting historical price movements from 2018 to
Founded at Harvard, Botanix Labs raises millions to build the first Bitcoin-native Layer 2 primitive with full EVM equivalence — Spiderchain.
Commencement speeches are supposed to be inspirational send-offs for graduating students, filled with wisdom and hope for the future. But at Ohio State University’s ceremony this past Sunday, the chosen speaker, Chris Pan, delivered a speech that left many scratching their heads and some downright booing. Related Reading: ‘I Know The Future’: Expert Loads Up
Bitcoin is currently on a recovery path, which tracks to analysts’ prediction that the price decline over the last two days has been more of a bear trap. Crypto analyst Orson Fawley elaborates more on this in his analysis and shows that the BTC price remains inherently bullish given its recent movements. Bitcoin Recovery Is
Pessimism surrounding Spot Ethereum ETFs approval is set to increase as the United States Securities and Exchange Commission (SEC) has opted to delay its decision on the approval process of Invesco Galaxy’s ETH Spot ETF, fueling uncertainty in the crypto market. SEC Pushes Back Invesco’s Ethereum Spot ETF In October last year, Invesco Galaxy filed
A digital Lazarus has risen from the blockchain graveyard. After a decade of slumber, a Bitcoin wallet, presumed lost to the mists of internet history, stirred back to life on May 6th, 2024. This prehistoric beast, a “whale” in crypto terminology due to its massive holdings, sent ripples through the market by transferring a staggering
The Spot Bitcoin ETF market is currently experiencing a resurgence, marked by a second consecutive day of positive inflows totaling $217 million. This increase in investment activity is a notable reversal from the previous weeks where inflows inflows stagnated since mid-March. US Bitcoin ETFs Regain Momentum Grayscale Bitcoin Trust (GBTC), a pioneer in crypto investment
Bitcoin mining company Marathon Digital (MARA) is basking in the glow of a successful week, with its stock price surging after inclusion in the prestigious S&P SmallCap 600 index and the announcement of a performance-based executive bonus plan. However, the company’s fortunes remain tethered to the ever-volatile Bitcoin price. Related Reading: Legal Storm Brewing For
In the latest from the XRP lawsuit between Ripple and the US Securities and Exchange Commission (SEC), the agency has filed its remedies reply brief under seal, signaling a significant advance in the case’s remedies phase. This stage focuses on determining the potential sanctions that the fintech company might face if the SEC is successful
Grayscale Bitcoin Trust (GBTC), the world’s largest cryptocurrency investment vehicle, has experienced a notable influx of investor funds for the first time since the January approval of US spot Bitcoin exchange-traded funds (ETFs). Grayscale Bitcoin Trust Bounces Back With Inflows Data compiled by Bloomberg reveals that on May 3, Grayscale’s Bitcoin Trust received approximately $63
Dogecoin has now presumably entered a long-term bullish rally that could send its price higher from here, according to one crypto analyst. This comes after the price had crashed below $0.13, before a swift recovery brought it back above $0.16. So what is driving this current bull rally? Dogecoin Ready For Long-Term Bullish Rally Crypto
On-chain data shows the Bitcoin exchange inflow trend has been at its lowest in almost a decade recently, a sign that may be bullish for the asset. Bitcoin Exchange Inflows Have Been On The Decline Recently As pointed out by CryptoQuant author Axel Adler Jr in a post on X, the BTC exchange inflows have
German state-owned development bank Kreditanstalt für Wiederaufbau (KfW) is gearing up to issue its first blockchain-based digital bond, marking a significant milestone in adopting crypto technology within the financial sector. According to a recent report by Bloomberg, KfW has already successfully issued a digital bond as a central register security in compliance with the German
Cardano’s (ADA) founder, Charles Hoskinson, recently raised the possibility of Cardano partnering with Bitcoin Cash. He noted how significant this partnership could be for Bitcoin Cash as it would put it ahead of networks like Bitcoin. What Cardano’s Potential Partnership With Bitcoin Cash Is About Hoskinson conducted a “hypothetical poll” on his X (formerly Twitter)
Recent reports revealed that the Australian Securities and Investment Commission (ASIC) was granted its first victory on a non-cash payment case involving cryptocurrencies. Per the documents, an Australian court ruled partially in favor of the watchdog’s lawsuit against BPS Financial Pty Ltd (BPS). Related Reading: Ripple Case Will ‘Inevitably’ Go To Second Circuit, Says Former
Tesla, an American multinational automotive and clean energy company led by billionaire entrepreneur, Elon Musk, has announced that it will now accept Dogecoin (DOGE) as a form of payment on certain products in the Tesla shop. This move comes as an exciting development for Tesla and the broader crypto community as it marks another pivotal
So far, the role of stablecoins in global transactions has become a focal point of discussions just as the crypto markets continue to go mainstream. However, with mounting concerns over the reliability of available data, Visa, a long-standing leader in financial services, has stepped forward to clarify the landscape. Under the guidance of Cuy Sheffield,
On-chain data suggests Litecoin whales have participated in buying recently despite the fact that the asset’s price has been finding struggle. Litecoin Whales Accumulated 100,000 LTC Recently As pointed out by an X user using data from the on-chain analytics firm Santiment, the LTC whales have recently bought while the cryptocurrency’s price has declined. The
As Bitcoin, the world’s first decentralized cryptocurrency, records 15 years since its inception, its blockchain has also achieved a significant milestone. Bitcoin’s blockchain recently surpassed a major transaction benchmark, processing a total of 1 billion transactions on its network, marking a historic moment in the digital asset space. Bitcoin Transactions Exceed 1 Billion Since emerging
The world of Shiba Inu (SHIB) is swirling with a mix of excitement and skepticism. Industry personality Del Crxpto ignited a buying frenzy with claims of possessing secret knowledge about future developments that will propel SHIB to new heights. Related Reading: Bitcoin Bull Michael Saylor Wants SEC To Corral Crypto Herd: ETH, ADA, SOL In
The XRP Ledger (XRPL) is set to undergo a series of substantial enhancements that promise to expand its functionality and market relevance significantly. These proposed upgrades, outlined by renowned community member Krippenreiter via X, cover a broad spectrum from improving interoperability to bolstering the ledger’s decentralized finance (DeFi) capabilities. Detailed Overview Of Proposed XRP Ledger
Maximilien de Hoop Cartier, heir to the famed jewelry dynasty, was arrested by US authorities for allegedly laundering millions of dollars for a Colombian drug cartel. Cartier, who primarily resides in France but holds Argentine citizenship, now faces a slew of charges related to money laundering and unlicensed money transmission. Related Reading: Bitcoin Bull Michael
In the latest episode of the ongoing regulatory crackdown on the cryptocurrency industry, crypto exchange Robinhood received a Wells Notice from the US Securities and Exchange Commission (SEC) staff. Regulatory Turmoil For Robinhood The notice indicates that the staff will recommend that the Commission pursue an enforcement action against the trading platform. Robinhood expressed disappointment