Tag Archives: AA News

Global macro investor Lyn Alden hopes to see Bitcoin (BTC) reach $200,000 per coin in the next two years, believing $100,000 would be a “disappointing” outcome. In a Monday episode of What Bitcoin Did, Alden assessed Bitcoin’s role within the current macroeconomic environment, and why its potential price destination may be hard to forecast between its adoption as a currency and surrounding central bank activity. Bitcoin And Global Liquidity According to Alden, Bitcoin is...

Following an impressive resurgence, Solana has emerged as one of the hottest cryptocurrencies in recent weeks. The digital asset has witnessed a remarkable surge, soaring by over 775% in the last year, attracting investors eager to leverage its impressive rally, which in turn has pumped several tokens based on the Solana blockchain. BORK Mania on Solana According to the latest data from blockchain analytics platform Lookonchain, a trader managed to generate approximately...

Bitcoin (BTC) miners have suddenly begun offloading their BTC holdings to crypto exchanges, signaling a potential reversal of months of upward price momentum. Per a Sunday post from SignalQuant – an author for Bitcoin analytics firm CryptoQuant – paying attention to short-term miner behavior may be necessary for “wise investment.” The Meaning Of Miner Deposits Miners are the first recipients of all new BTC issued by the Bitcoin network, as well as all transaction fees paid by...

Chinese official media has highlighted the growing concern over corrupt officials utilizing advanced methods to conceal and transfer illicit gains. This trend, marked by the use of cryptocurrencies and other digital mediums, was a central topic at the 2023 annual meeting of the China Integrity and Legal Research Association. China Faces New Wave of Crypto-Related Corruption The association, a national-level entity registered under the Ministry of Civil Affairs, discussed the...

Fox Business reporter Eleanor Terrett believes the sentiment surrounding a spot Bitcoin (BTC) ETF approval in early January is low. It’s worth noting, however, that despite Terrett’s perspective, a considerable number of analysts expect the approval of such products during the same period. SEC is Reviewing Changes to S-1 Filings In a post on X, Terrett highlighted that the Securities and Exchange Commission (SEC) is currently in the process of reviewing changes to the S-1...

A wave of anticipated Bitcoin (BTC) spot ETF approvals appear days away from launch – yet one of the race’s largest players may be behind on its regulatory procedures. Bloomberg ETF analyst Eric Balchunas noted on Tuesday that the firm’s latest S-3 filing for its Bitcoin ETF is still absent critical information that rival fund managers have already included in their applications. What Is Grayscale Waiting For? As of January 2, Grayscale still hasn’t confirmed what firms will...

Bill Lou, the CEO and co-founder of Nest Wallet, has shared on X that he had fallen victim to a crypto phishing attack, resulting in the loss of 52 stETH, equivalent to $125,000. The security-focused crypto wallet app co-founder asked for help with the attack from ZackXBT, a crypto sleuth, and others who could help. Fake LFG Token Airdrop Scam The LFG token airdrop, which stands for “less fees and gas,” recently came to light as a reward initiative for Ethereum users who have...

Cryptocurrency hedge funds have generated an average return of 44% this year through December 20, marking a rebound from a 52% loss in 2022, ranking as the best among 29 strategies monitored. They have weathered a challenging 2022 and are experiencing a recovery, and many are anticipating a prosperous 2024. Crypto Hedge Funds Recover Pantera Capital, led by industry veteran Dan Morehead, experienced a significant rebound, with its liquid-token fund surging nearly 80% by...

Despite India’s controversial crypto policy and lack of clarity in several aspects, the country emerges as the top market. According to a new report by crypto exchange CoinDCX, 28 Indian entities became ‘FIU-Registered Reporting Entity.’ India emerged as a global crypto adoption leader, reflecting sustained interest and robust demand for digital assets. India Defies Crypto Skepticism CoinDCX’s year-end report for 2023 shared with CryptoPotato revealed that 60% of the user...

According to an analysis from CoinGecko, the period from 2020 to 2023 has witnessed a surge in crypto airdrops. Led by giants like Uniswap, Apecoin, and dYdX, the top 50 airdrops have distributed $26.6 billion in tokens in that period. Uniswap’s Historic $6.43 Billion Airdrop Uniswap (UNI) led the pack, which made headlines with its historic $6.43 billion airdrop on September 16, 2020. Uniswap’s distribution, calculated at its all-time high (ATH) token price of $42.88, became...