In recent developments, questions have arisen regarding whether Justin Sun, the prominent figure in the crypto space, has acquired a substantial amount of Ethereum (ETH). If true, this could further help boost the ETH price gain momentum to $3,500 and above. Justin Sun Wallet Shows Strong Ethereum Buying Lookonchain, an on-chain data provider, highlights intriguing […]
XRP News: XRP Whale Offloads 26 Mln Tokens, Price Decline To Continue?
XRP, one of the most prominent cryptocurrencies by global market cap, birthed a tidal wave of speculations across the broader crypto market on Monday as the token recorded another significant whale activity recently. As per blockchain data spotlighted by the tracker Whale Alert, a whopping 26.8 million XRP on the move sparked inferences among crypto […]
NYSE Mulling Crypto-Like Round The Clock Trading: Report
The New York Stock Exchange, NYSE is mulling adopting the cryptocurrency market template of round-the-clock trading of stocks. The decision is dependent on the outcome of an ongoing poll of market participants on the merits and demerits of 24-hour trading even as regulators scrutinize an application for the first 24/7 bourse. Complications of the NYSE […]
Grayscale Sparks Fresh Selloff Scare With $623M Bitcoin Transfer to Coinbase
Blockchain analytics platform Lookonchain took to the X platform to outline the volume of Bitcoin (BTC) units that asset management firm Grayscale Investments has transferred to its custodian Coinbase Custody since the United States Securities and Exchange Commission (SEC) approved its application including that of ten other ETF issuers. Grayscale Continues its Transfer Stint So […]
Chainlink Price Hints 20% Upswing Amid Key Resistance Breakout
Following the Fourth Bitcoin Halving on Friday, the cryptocurrency market experienced a broad recovery rally, with significant gains across major coins. By Monday, Bitcoin had surpassed the $65,000 mark, reinforcing the momentum of recovery in the altcoin sector. In this upbeat market environment, the Chainlink price rallied from its $12.75 support level, posting a 20% […]
SEC Admits MFA Deactivation Led to X Account Hack
The U.S. Securities and Exchange Commission (SEC) has confirmed a breach of its official X account (formerly Twitter), attributing the incident to a SIM swap attack. This security lapse occurred on January 9 when an unauthorized entity gained control of the @SECGov handle, erroneously announcing the SEC’s approval of the first-ever spot bitcoin exchange-traded funds. […]
Bitwise CEO Dissects IMF Bitcoin Flow Report; Here is What to Know
Bitwise CEO Matt Hougan shared his views on the International Monetary Fund’s paper on cross-border flows in Bitcoin, stating his key takeaways. The paper highlights major trends in the Bitcoin industry and how investors have perceived the cryptocurrency. Hougan in a post on X shared his key takeaways from the research. Bitcoin a Safe Heaven […]
BTC Price Drops Over 20% Under $40,000 After Bitcoin ETF Approval
Bitcoin has experienced a nearly 20% decline since the introduction of the first exchange-traded funds (ETFs) directly investing in the token on January 11. On the day the ETFs, offered by entities like BlackRock Inc. and Fidelity Investments, were launched, the digital asset surged to $49,021. However, earlier today, Bitcoin was trading at $39,718, marking […]
XRP Vs SEC Case Update : The Timeline of Ripple Lawsuit
The legal case between Ripple Labs and the SEC has been a notable case in the cryptocurrency industry. The legal case that began in 2020, has majorly affected the cryptocurrency sector, by influencing regulatory framework and pushing the limits of categorization of digital assets. This blog delves into the detailed timeline of the XRP SEC […]
Crypto Price Prediction For January 23: ETH, XRP, MANTA
Crypto Price Prediction: The bearish trend in the cryptocurrency market has escalated this week, as the total market capitalization suffered a 3.73% decline in the past 24 hours, dropping to $1.55 trillion. Bitcoin, the foremost cryptocurrency, has experienced a 1.47% decrease today, consistently trading below the crucial $40,000 mark. The crypto market has adopted a […]