Crypto news

Bitcoin’s price has been on a rollercoaster throughout the past couple of hours, largely induced by the anticipation of and subsequent speech of former US President and current Presidential Candidate Donald Trump at Bitcoin 2024 in Nashville. The price initially nosedived below $67K from an intraday high at above $69K before the speech. Source: TradingViewUpon the end of Trump’s speech, the price started to recover, coinciding with a few important statements that the made. He...

The 2024 US presidential elections are arguably one of the most important political events that the entire world is watching. Donald Trump, the former president and current Republican candidate, has gone live on the stage of Bitcoin 2024, a BTC-centered conference held in Nashville. He has spent recent weeks trying to make amends with the cryptocurrency industry, having met with some of the largest Bitcoin mining companies and others. Speaking live at Bitcoin 2024, he said...

Coinbase’s entity in the UK was fined $4.5 million for breaking an agreement with the Financial Services Authority (FSA). CB Payments Limited (CBPL), the entity, onboarded high-risk customers, possibly allowing crime-related funds to follow into the country’s financial system. “CB Payments Limited (CBPL) has been fined £3,503,546 by the Financial Conduct Authority (FCA) for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers,” the FSA said...

Ethereum has recently faced a notable rejection and experienced a 13.3% decline after breaking above the 100-day moving average. The price is currently struggling to break below the 200-day MA, indicating a notable bearish sign if the breakout occurs. By Shayan The Daily Chart A close examination of Ethereum’s daily chart reveals that after breaking out above the critical 100-day moving average at $3,354 and a brief period of consolidation, it experienced a significant...

Russian-speaking threat actors who come from former Soviet Union are the primary drivers of various types of crypto-related cybercrime, including ransomware, illegal crypto exchanges, and darknet markets, according to the latest report by TRM Labs. In fact, ransomware groups that speak Russian were also found to be responsible for at least 69% of all ransomware earnings in 2023, totaling over $500 million. Russian-Speaking Threat Actors Dominate In its latest report,...

[PRESS RELEASE – New York, United States, July 27th, 2024] Pawfury ($PAW) is making significant strides as its presale exceeds $4.5 million in funds raised. In recognition of this milestone, Pawfury is offering an exclusive 10% bonus on purchases for a limited time with the code “EXTRA10.” Transition to Public Trading The Pawfury presale is nearing completion, with participants acquiring $PAW tokens before they become available for public trading. This transition is expected...

Wazir X issued a report on Thursday, with new revelations of the $235 million hack, stating all indicators point to the custody service provider it relies on, Liminal Custody. According to the report, the custodian may have suffered a security breach, causing it to approve a transaction to a fraudulent wallet address. Nothing seemed suspicious at the surface level. “In this cyber attack, the malicious transactions involved signatures from three WazirX signers and one from Liminal, confirming...

A few months after the SEC gave the initial green light, the spot Ethereum ETFs officially hit the ground last Tuesday. However, the immediate results have been quite underwhelming, and one can’t help but compare them to the spot Bitcoin ETF launch in January this year. ETH ETFs Vs. BTC ETFs CryptoPotato reported earlier this week that the nine spot Ethereum ETFs had a solid first day, gathering more than $106 million in net flows. As expected, the converted Grayscale fund...

Although we still have a long way to go in 2024, this year has already been quite eventful for the cryptocurrency industry and not only for Bitcoin. The second-largest digital asset also received a massive dose of validation earlier this year when the US Securities and Exchange Commission greenlighted almost ten exchange-traded funds tracking its performance. The first several days of trading, though, have been quite underwhelming. The ETH ETFs were initially greenlighted a...

TL;DR Litecoin (LTC) leads in non-empty wallets with over 8 million, followed by Dogecoin (DOGE) with 6.69 million. Ripple (XRP) and Shiba Inu (SHIB) holders have also been on the rise, recently reaching all-time high numbers. Here is the Ranking The crypto analytics platform Santiment revealed the six alternative coins that currently have the most holders on their respective networks. Litecoin (LTC) leads the pack with almost 8.10 million non-empty wallets, while Dogecoin...