Crypto news

The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are being widely used as claimed. According to the report, a new metric developed by American multinational payment giant Visa indicates that over 90% of stablecoin transactions aren’t made by genuine users, suggesting that these cryptocurrencies are far from being widely adopted for payments. Only 10% of Stablecoin Transactions Organic Visa, along with Allium Labs, has...

In the ever-evolving world of cryptocurrencies, staying updated with the latest market dynamics is crucial for investors aiming to capitalize on the next big opportunity. Recent developments in the cryptocurrency sector highlight significant movements in Solana (SOL), Ethereum (ETH), and Furrever Token (FURR), each offering unique challenges and opportunities for growth. This article delves into these cryptocurrencies, analyzing their current market statuses and...

A wallet that laid dormant for 10.3 years has suddenly sprung to life, transferring all 687.33 bitcoins, worth almost $44 million, on May 6, according to Lookonchain’s latest findings. The wallet in question had received the 687.33 BTC, valued at $630,000 at that time, on January 12, 2014, when bitcoin’s price was $917 and, interestingly, a time when Satoshi Nakamoto was still on the scene. Satoshi-Era Bitcoin Wallet Comes Alive The movement of funds from such decade-old...

[unable to retrieve full-text content]CoinspeakerTop Analyst Signals Chainlink (LINK) Rebound Ahead of Anticipated Altseason  The Chainlink (LINK) network has grown to a major cross-chain platform that has facilitated more than $10 trillion in transactions. Top Analyst Signals Chainlink (LINK) Rebound Ahead of Anticipated Altseason

[unable to retrieve full-text content]CoinspeakerGrayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow The rece­nt influx of $63 million offers a glimmer of hope­ for the Grayscale Bitcoin Trust. This positive trend coincides with a broade­r upswing in the cryptocurrency market. Grayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow

Robinhood Markets Inc. has become the next crypto trading platform to receive a threat of legal action from the Securities and Exchange Commission (SEC), adding to the sizable list of industry giants on the agency’s hit list. In a Form 8-K filed on Saturday, the company said it received a Wells Notice from the SEC on May 4. Allegations Against Robinhood Specifically, SEC staff disclosed that they’d reached a “preliminary determination” to recommend the agency to file a...

TL;DR DOT experiences a 10% weekly price surge, with bullish predictions suggesting potential spikes to $10 and beyond, particularly if it surpasses certain key resistance levels. Analysts previously envisioned further impulses for the asset, with forecasts ranging from $15.80 to a staggering $100. How High Can DOT Jump? Polkadot’s native cryptocurrency – DOT – has been among the best performers in the digital asset market lately, registering a 10% price increase on a weekly...

[unable to retrieve full-text content]CoinspeakerCrypto Thefts on Coinbase’s Base Chain Rose by 145% in April The Base chain appeared to be targeted more in April as a report states a 145% monthly increase in crypto thefts. Crypto Thefts on Coinbase’s Base Chain Rose by 145% in April

[unable to retrieve full-text content]CoinspeakerAustralian Court Backs ASIC in Legal Case against Qoin Scheme ASIC’s legal victory underscores its ongoing efforts to combat illegal crypto activities in Australia, safeguard investor interests, and ensure the integrity of financial markets. Australian Court Backs ASIC in Legal Case against Qoin Scheme

[PRESS RELEASE – Dubai, UAE, May 3rd, 2024] Blockchain Sports, an international sports project, leverages cutting-edge technologies including IoT, AI, VR, and blockchain to innovate the global football industry. The initiative was introduced at a significant event at the Coca-Cola Arena in Dubai, drawing an audience of over 5000 attendees. The project has garnered the support of renowned football veterans such as Kevin Kuranyi, Zico, Romario, David Trezeguet, Wesley Sneijder,...