Categories BITCOIN

Bitcoin Blasts Past $71K, Bull Run Continues

Bitcoin’s price smashes through the $71,000 ceiling, marking a new era for the leading cryptocurrency. Uni The cryptocurrency world is abuzz as Bitcoin (BTC) continues its relentless ascent, and reaching an unprecedented high above $71,000. This monumental milestone solidifies Bitcoin’s dominance and marks a new chapter in its history. In Continue Reading

Categories Crypto News

Lido TVL Surpasses $20 Billion, Marking a Historic Milestone

Lido Finance, a decentralized finance (DeFi) platform, has recently surpassed the $20 billion Total Value Locked (TVL) milestone. This notable feat marks the first time Lido has reached such a substantial valuation since April 2022, signifying a remarkable resurgence in its popularity within the crypto space. centralized finance Unprecedented Growth Continue Reading

Categories Crypto News

Terra Luna Founder Do Kwon Facing Extradition to The US

Kwon Do-hyung, known as Do Kwon – the founder of the cryptocurrency platform Terra Luna – will be extradite from Montenegro to the United States. Win Montenegro’s top justice official, Justice Minister Andrej Milovic, has privately revealed plans to send Terra founder Do Kwon to the United States, bypassing South Continue Reading

Categories BITCOIN

MicroStrategy has acquired an additional 16,130 BTC

MicroStrategy has recently acquired an additional 16,130 Bitcoins, solidifying its position as a major player in the digital asset market. The acquisition, totaling approximately $593.3 million, comes at an average price of $36,785 per Bitcoin. MicroStrategy’s Impressive Bitcoin Treasury Reaches New Heights As of November 29, 2023, MicroStrategy proudly announces Continue Reading

Categories Crypto News

Crypto Kidnapping Shakes the World: $12.5 Million Abduction

Unveiling the Crypto Crime: Executives Lose $12.5 Million in Montenegro ‘Business Trip’ Abduction Binance executives from an undisclosed client found themselves in the middle of a real-life crypto drama. What was initially perceived as a routine business trip to Montenegro took a sinister turn, leading to a forced wallet emptying Continue Reading

Categories Crypto News

SEC in Talks with Grayscale Investments Over Bitcoin ETF

The United States Securities and Exchange Commission (SEC) has initiated discussions with Grayscale Investments regarding the company’s application to transform its trust product, GBTC, into a spot Bitcoin exchange-traded fund (ETF). As the cryptocurrency landscape evolves, this move marks a significant development in the regulatory framework surrounding digital assets. All Continue Reading

Categories Crypto News

Bitfinex Crypto Exchange, Fell Victim To A Phishing Attack

Bitfinex crypto exchange, recently fell victim to a phishing attack that targeted its customer support staff. The attackers successfully accessed some data within the customer support systems, raising concerns about the security of user information In a recent statement, Bitfinex assured its users that despite the phishing incident, no core Continue Reading

Categories BITCOIN

CME Bitcoin Futures Open Interest Hits Historic Milestone

Open interest in CME Bitcoin futures has soared beyond 100,000 BTC. This landmark accomplishment signifies a pivotal moment for the cryptocurrency derivatives market, propelled by the recent surge in bullish momentum that has seen Bitcoin embark on a substantial rally. CME Bitcoin futures’ open interest has breached the 100,000 BTC Continue Reading

Categories BITCOIN

Bitcoin Exchange Balances Hit Lowest Level since March 2018

Glassnode reported a significant decline in the number of Bitcoin held on cryptocurrency exchanges. The exchange balance has reached its lowest level since March 2018, with only 2.26 million BTC remaining. This data, obtained from glassnode, reveals a staggering decrease of 2.44 million Bitcoin from the total circulating supply back Continue Reading

Categories Crypto News

South Korean Exchange Upbit Fuels BCH Surge

South Korea’s largest cryptocurrency exchange, Upbit, has played a significant role in the recent surge of Bitcoin Cash (BCH). Over the past 24 hours, Upbit has recorded a staggering trading volume of more than $350 million for the BCH/KRW trading pair. This trading activity accounts for a remarkable 23.58% of Continue Reading

Categories Crypto News

Atomic Wallet Takes Swift Action to Address Hacks

Atomic Wallet, a popular cryptocurrency wallet, revealed that a small fraction of its app users had experienced hacking incidents. The team behind Atomic Wallet is taking immediate action to address the situation, while collaborating with major exchanges to freeze suspicious deposits. Despite the unfortunate incidents, Atomic Wallet remains committed to Continue Reading

Categories Crypto News

USDT Untethered Fate: Navigating the Depegging Storm

The price of the USDC/USDT trading pair on Binance has been rapidly increasing and has now reached $1.0034, the highest level seen since June 13, 2022. This surge in value has caught the attention of cryptocurrency traders and investors. Interestingly, 0.3% decline in USDT. Currently, USDT holds a significant majority Continue Reading

Categories Altcoin

MakerDAO Reports Record Annualized Income of $95 Million

MakerDAO, one of the leading decentralized autonomous organizations (DAOs) in the cryptocurrency space, has recently achieved a significant milestone. According to data from makerburn.com, MakerDAO’s annualized income has reached an impressive $95 million. This marks a record high since mid-February 2022, with a remarkable increase of 147% compared to the Continue Reading

Categories Crypto News

Bitcoin Dominance Surges to 50%, Altcoins Experience Plummet

Bitcoin’s market share has surged to nearly 50%, reaching a new high since April 2021. While altcoins experience a significant decline, Bitcoin continues to maintain relative stability. Bitcoin’s market share has witnessed a substantial increase recently, with altcoins experiencing a significant decline. The market share of Bitcoin has now reached Continue Reading

Categories Crypto News

Major Asset Inflows to Exchanges Reach Cyclical Low

In recent reports, Glassnode, a leading blockchain data and intelligence provider, has highlighted a concerning trend in the cryptocurrency market. The influx of major assets into exchanges has reached a cyclical low of $1.65 billion, marking the lowest value since the primary Bull Market began. Tokens This decline in asset Continue Reading

Categories Crypto News

Michael Saylor: Bitcoin’s Bull Run and Regulatory Clarity

In a recent interview, Michael Saylor, the chairman of MicroStrategy, shared his optimistic perspective on Bitcoin’s future. Saylor highlighted that Bitcoin has reached its bottom and is now experiencing a significant bull run. He also emphasized the achievement of regulatory clarity surrounding Bitcoin, which solidifies its status as a secure Continue Reading

Categories Crypto News

$LAND Token Exploitation Loss of $149,616 $BUSD

Unfortunately, there was an exploitation with $LAND TOKEN , which means someone took advantage of a vulnerability in the system and caused a loss of 149,616 $BUSD. That’s a lot of money! Vulnerability in $LAND token system The problem happened because there wasn’t enough control over who can create new Continue Reading

Categories Crypto Scam

$PSYOP: The Suspicious Cryptocurrency Memecoin

Cryptocurrencies have been making waves in the financial industry for some time now, and with their increasing popularity, more and more people are investing in them. However, with the rise of this new investment opportunity comes a host of fraudulent schemes, and investors need to remain cautious. A recent scam Continue Reading

Categories BITCOIN

Binance Again Temporarily Closes Bitcoin Withdrawals

On May 8th, Binance, one of the world’s largest cryptocurrency exchanges, temporarily halted bitcoin withdrawals due to a large volume of pending transactions. At the same time, Binance conducted a cold wallet arrangement that involved moving over 150,000 bitcoins. Fund In a statement released by the company, it was revealed Continue Reading