The possible approval of Bitcoin ETFs by the SEC could drive significant investment in cryptocurrencies, transforming the financial market. BlackRock, Grayscale and Fidelity’s entry into Bitcoin ETFs marks milestone in financial market evolution. The major U.S. exchanges have taken a crucial step toward approving the first bitcoin exchange-traded funds (ETFs) in the country. This announcement […]
Bitcoin: Rising transactions cause speculation, more inside
Whale transactions have increased to a level not seen in over six months. Bitcoin’s exchange netflow suggested the absence of sell-offs. Recently, a rise in Bitcoin [BTC] whale transactions coincided with a price drop caused by a market crash. Were these transactions indicative of a sell-off, or a strategic accumulation by the whales? Bitcoin whales […]
Shiba Inu Whale Activity Plummets By 86.88% Amidst Price Volatility
Shiba Inu (SHIB) has experienced an unexpected and substantial decline in whale activity, causing alarm as major holders and traders slash their involvement by an astonishing 86.88%. This downturn raises significant concerns within the cryptocurrency community about the potential implications for SHIB’s market dynamics. Recent on-chain data from IntoTheBlock highlighted a stark decline in substantial […]
Ripple Nears $1 Billion Over BNB Market Cap Solana & Borroe Finance Keep Wowing
The post Ripple Nears $1 Billion Over BNB Market Cap Solana & Borroe Finance Keep Wowing appeared first on Coinpedia Fintech News In recent times, the value of altcoins has changed a lot, with the crypto market cap also surging significantly. Ripple (XRP) has seen a big increase, almost reaching the value of Binance Coin […]
‘Wallet Drainers’ Pillage $295 Million from 324,000 Crypto Users: Scam Sniffer
As phishing scammers continue to evolve and employ more sophisticated tactics to evade security measures, a relatively new form of malware associated with crypto has experienced considerable “success” in the past year. Dubbed, “Wallet Drainers,” Scam Sniffer’s discoveries regarding this new malware demand the complete attention of the industry. Crypto Malware Wars: 2023 According to a […]
Investor cohorts outpace Bitcoin’s monthly mined supply for the first time since early December
Quick Take When juxtaposed with the volume of newly mined BTC, the balance change of Bitcoin investor cohorts offers intriguing insights into the dynamics of the digital asset markets’ ecosystem. This analysis reveals a relative measure of new Bitcoin issuance absorbed by all different investor cohorts. Impressively, values above the blue line indicate a cohort’s […]
BlackRock To Cut 3% of Workforce Amid Heightened ETF Tension
BlackRock’s internal shifts and looming Bitcoin ETF approval signal potential upheaval in the world of finance and cryptocurrency. Continue reading at DailyCoin.
Avalanche is Gaining Edge Over Bitcoin; New AI Altcoin Emerges as Top Performer
The bull market is heating up. First, there was the meme season; now, the altcoin season is on the horizon. One of the most remarkable altcoins at the moment is Avalanche (AVAX), which is soaring and gaining an edge over Bitcoin (BTC) amid its unimpressive price action. Meanwhile, InQubeta (QUBE), a new AI altcoin in […]
SHIB price struggles despite escalating number of addresses
According to information provided by Glassnode, the total number of unique addresses that have ever appeared in a SHIB transaction has risen to about 3.74 million.
Another Hack Hits CoinsPaid, $7.5 Million Lost in Second Breach in Six Months
CoinsPaid suffered a second hack in six months. Indeed, the digital assets payment company was exploited for around $7.5 million worth of cryptocurrencies on January 5. Blockchain security firm Cyvers attributed the security breach to the platform’s inadequate wallet access control measures. CoinsPaid Hacked Again Hackers managed to part way with various cryptocurrencies, comprising 4.5 […]