Crypto news

Police are actively searching for four Chinese nationals believed to have broken into a luxury home in Pathum Thani, one of the central provinces of Thailand, and forced the resident to transfer $2 million (70 million baht) in crypto assets. The break-in took place around 2 AM on Wednesday in Tambon Ban Mai in the Muang district. Crypto Heist According to police reports, six residents, including three men and three women, occupied the house at the time of the incident. Ke...

Ethereum’s record low gas fees have receded to levels unseen for five years. Trends show Ether’s price increasing after such cycles. Ethereum’s gas fees have dipped to record lows, the lowest in five years. Transactions saw users paying gas of 0.6 gwei last week, a stark decrease from March’s 83.1 gwei, when the network witnessed tremendous usage, with the crypto market growing rapidly, marking a decline of about 95%. Gas fees reducing by this much can mean bullish action for Ether (ETH)...

The northern European country of Norway has a population of nearly 5.5 million. Moreover, the government’s investments for its citizens total some $1.7 trillion. A chunk of that is in Bitcoin stocks, and the government upped its holdings this year. Norway Sovereign Wealth Fund’s Bitcoin Spree Norway now indirectly owns 2,446 BTC through its investments in crypto stocks. That’s bullish news for Bitcoin. It paints an enticing picture of global sovereign support for the BTC...

While they are issued by smart contract blockchains with base layer currencies like Ethereum (ETH) and Solana (SOL), meme coins have fetched far greater gains in a shorter period of time than the most established cryptos. Bitcoin, for example, gained 347% from key price support at a Dec. 31, 2022 low level of $16,500 to an all-time high Bitcoin price of $73,800 on Mar. 14, 2024. Ether, meanwhile, gained 234% from a Dec. 31, 2022 low level of $1,200 to an all-time high...

Franklin Templeton, a prominent Wall Street asset management firm, has filed to launch a new exchange-traded fund (ETF) focused on major cryptocurrencies. The proposed Franklin Crypto Index ETF aims to offer investors exposure to Bitcoin and Ethereum under the ticker symbol “EZPZ.” This move highlights the growing interest from institutional investors in the cryptocurrency market. Moreover, it strengthens Franklin Templeton’s position in the expanding digital asset space. The Franklin Crypto...

A new pod of crypto whales has liquidated an enormous amount of their Binance Coin (BNB) holdings and invested in the ETFSwap (ETFS) presale, prompting other crypto watchers to take notice and follow suit.  ETFSwap (ETFS) Platform Has Strong Pull On Whales  The ETFSwap (ETFS) is the only crypto platform that tokenizes ETFs and presents the opportunity for major crypto investors to seamlessly participate in trading the approved crypto ETFs, like spot Bitcoin (BTC) and Ethereum (ETH)...

BlackRock, the world’s largest asset manager, has recently surpassed Grayscale in total assets under management (AUM) for digital asset exchange-traded funds (ETFs). Despite offering only two funds—IBIT, a spot Bitcoin ETF, and ETHA, a spot Ethereum ETF—BlackRock’s combined AUM has reached $21.6 billion. This figure slightly surpasses the $21.3 billion managed by Grayscale across its four funds: GBTC, BTC Mini, ETHE, and ETH Mini, according to data from blockchain intelligence firm Arkham....

Blockchain technology is unique! Where else can you track the holdings of big investors in real time, check out their latest moves, portfolio values, and more? We’ve decided to dabble into some of the larger holders of one of the most popular meme coins in the market – Shiba Inu (SHIB) and stumbled upon an interesting finding. Government Holding Shiba Inu (SHIB)? Data from the popular crypto resource firm Arkham reveals that the US Government is one of SHIB’s large holders....

Decentralized exchanges are the lifeblood of decentralized finance (DeFi), allocating billions of dollars worth in total value locked (TVL) into the industry.  Compared to centralized exchanges (CEXs), DEXs only account for a small percentage of the total trading volumes across margin and derivatives trading. However, they’re becoming increasingly more sophisticated with time. They provide some of the same benefits and features found within CEXs but also offer a trustless...

The broader meme coin category has declined throughout the past seven days, charting a drop of almost 8% across all the coins that are tracked (on CoinGecko). And while DOGE and SHIB are not amongst the worst performers, they are still down more than 7% on the weekly. The last 30 days have been quite challenging for SHIB, especially as the meme coin is down almost 22%, and the chart looks worrisome. Source: CoinGeckoAs you can see from the chart, the volume is also dwindling,...