Against the backdrop of Ethereum’s highly turbulent price action in recent days, a fresh wallet appears to have accumulated colossal amounts of ETH from Coinbase, causing a stir in the crypto community. Per insights offered by numerous on-chain trackers, it was pointed out that this fresh wallet accumulated nearly 29K ETH in the past 24 […]

The Bitwise Bitcoin ETF (BITB) has taken the ETF competition to a new level with a significant milestone lately. Bitwise’s BITB has been witnessing increased adoption in recent times, further strengthening its position against prominent players, such as Grayscale’s GBTC and BlackRock’s IBIT. Moreover, the Bitwise CEO Hunter Horsley has maintained complete transparency on the […]

A contributor to the Solana-based decentralized exchange Cypher known as Hoak via a public statement, confessed to misappropriating and gambling away funds that were recovered following an exploit of the protocol. Another contributor to Cypher, known as Barrett, discovered that Hoak had withdrawn various cryptocurrencies including ETH, WSOL, and BONK across 36 separate transactions from […]

The recent surge in Ethereum’s price can be largely attributed to the growing anticipation surrounding the forthcoming Dencun upgrade, as highlighted in Grayscale’s recent analysis. Over the past month, Ethereum has witnessed a remarkable uptick in its trading value. As of the latest figures, Ethereum is currently trading at $2,951.07 per unit (ETH/USD), boasting a […]

Mastercard and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed their first live experiment on the execution of tokenized deposits using the Mastercard Multi-Token Network (MTN). This initiative tested how blockchain technology could be used in the banking sector. It was done under the supervision of the Hong Kong Fintech Supervisory Sandbox. Mastercard Multi-Token […]

Berkshire Hathaway, which is backed by Warren Buffet, posted an upbeat annual result on Saturday. The results come just a day after it was revealed that Buffet’s Berkshire has investments in crypto-related stocks. Despite the positive news though, Buffet also revealed that he sees low buying opportunities for the firm. Berkshire Hathaway Posts Soaring Profit […]

Former U.S. House Speaker Paul Ryan has expressed strong support for stablecoins, suggesting that their regulation could be pivotal in addressing the nation’s economic challenges. In a recent interview with Bloomberg, Ryan highlighted the potential benefits of stablecoins for mitigating the U.S. sovereign debt crisis, currently at $34.7 trillion with over $1 trillion in annual […]

Bitcoin Price Prediction: BTC, the leading cryptocurrency by market cap, has traded in a compact range from $53000 to $50600 over the past two weeks. This consolidation projected daily candles with long wicks and short bodies indicating an uncertain market sentiment that spread across the altcoin market as well. However, with the BTC price holding […]

In a dynamic intersection of global financial interests, the South Korean regulators and the U.S. financial authorities are set to talk about non-fungible tokens (NFTs), and Bitcoin ETFs. Notably, South Korea’s Financial Supervisory Service (FSS) and the U.S. Securities and Exchange Commission (SEC) are set to engage in crucial deliberations regarding the inclusion of Bitcoin […]

Bitcoin price prediction: BTC is maneuvering a critical range with demand at $50,800 and supply at $52,000. While dips are proving profitable, bulls have not been able to collect enough liquidity to sustain a steady uptrend. This can explain the current market doldrums keeping Bitcoin from breaking out a bullish rectangle pattern (to be discussed later). Bitcoin […]