(Any views expressed here are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Want More? Follow the Author on Instagram and X Like Pavlovian dogs, we all believe the correct response to rate cuts...Read More
The U.S. Securities and Exchange Commission has levied another set of charges against Galois Capital – a crypto-focused advisory firm that custodied client assets at FTX. For its actions, Galois agreed to pay a civil penalty of $225,000, which will be distributed to harmed investors of the fund. Charged For Losing Money In FTX Per...Read More
Ripple has announced that South Korea’s Yonsei University is the latest to become a partner in its University Blockchain Research Initiative (UBRI) program. This new collaboration with the popular South Korean academic institution brings Ripple’s global UBRI partnerships to 58, with 12 of them located in the Asia Pacific region. Yonsei University will engage in...Read More
Ethervista, which is being described as the “Pump.fun” of Ethereum, released its whitepaper on Aug. 31, claiming to be a “value-compounding deflationary currency” with the token VISTA. Pump.fun is a Solana-based marketplace that allows users to easily create and distribute their own tokens, which are primarily meme coins. Its gas usage has surged to become...Read More
There has been a shift in the Ethereum market, as rising exchange reserves signal a potential new distribution phase coinciding with growing concerns over a death cross. This is evidenced by CryptoQuant’s Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets. Ethereum in Jeopardy When the metric rises, it often...Read More
The Chief Legal Officer at Ripple Stuart Alderoty has publicly criticized the U.S. Securities and Exchange Commission (SEC) over its use of the phrase “crypto asset security.” In a post published on his official X account, the lawyer argued that the term is a made-up concept that has no legitimate grounding. Lawyer, Court, Call Out...Read More
Alongside a lackluster market, there has been a significant decline in whale activity across most major crypto assets. According to the latest analysis by Santiment, Bitcoin and Ethereum are seeing noticeable drops in $100k+ transactions. Whale Activity Plummets During the highly active period of March 13-19, Bitcoin saw 115.1k transactions valued at over $100k each,...Read More
[PRESS RELEASE – London, United Kingdom, September 3rd, 2024] DMEX.APP, the pioneering decentralized perpetual contracts margin trading platform, is proud to announce that it has become the first decentralized exchange (DEX) to offer both cross margin and isolated margin positions, cementing its status as a leader in the decentralized finance (DeFi) space. Having been in...Read More
[PRESS RELEASE – Amsterdam, The Netherlands, September 3rd, 2024] Bybit Powered by SATOS is thrilled to announce new prize pools totaling 30,000 USDT, with exclusive Margin Trading rewards for users in the Netherlands. From now until September 11, traders can sign up for a chance to maximize their potential returns, leveraging Bybit’s market-leading tools and...Read More
From 4 September 2024 at 04:00 UTC, BitMEX users will be able to long or short AAVE via two new listings – AAVEUSD and AAVEUSDT – with up to 20x leverage and one of the highest max position sizes in the industry.For the lowdown on these listings, read on. If you haven’t signed up for...Read More
The hacker responsible for the $230 million cyberattack on Indian crypto exchange WazirX has begun transferring stolen funds using Tornado Cash, a digital currency mixer sanctioned by the U.S. government. The move, which hides the trail of stolen assets, is the latest attempt by the perpetrator to launder the ill-gotten gains. $6.5 Million in Stolen...Read More
The number of Bitcoin wallets holding 100 BTC or more has just hit a remarkable 17-month high. According to blockchain analytics platform Santiment, this surge was propelled by a notable increase in whale holdings over the past month. In an X post on August 31, Santiment shared that over 283 wallets holding at least 100...Read More
Solana (SOL) has crashed by double-digits as the rest of the market continues to struggle under pressure from the bears. The SOL price has dropped from its $190 high in July to below $130. In the past week alone, it has shed around 20% as selling pressure on one of the leading smart contract platforms...Read More
On Sept. 2, crypto analyst ‘Titan of Crypto’ showed his 90,000 X followers a technical pattern unfolding that has never been seen before. A golden cross is forming between the 100-day moving average and the longer time frame 200-day moving average. A typical golden cross is when a shorter time frame moving average like a...Read More
The TON blockchain processed over 46 million transactions last week, a significant surge fueled by the excitement surrounding the DOGS airdrop, according to the latest data shared by IntoTheBlock. This impressive activity highlighted the growing interest and engagement within the TON ecosystem, as users scrambled to participate in the airdrop, driving up transaction volumes to...Read More
