The dynamics of the crypto industry have changed over the last year, and this has affected several assets, including the top projects. Evaluating the market capitalization evolution of top cryptocurrencies since November 2024 shows that some assets have been seeing steady positive growth while others have mostly struggled. The market analytics platform CryptoQuant selected the...Read More
Anthony Scaramucci, American financier and founder of the alternative investment firm SkyBridge Capital, has slammed the New York State Attorney General’s (NYAG) office for coming after Galaxy Digital, a blockchain financial services company owned by his friend, Mike Novogratz. In a Friday tweet, Scaramucci insisted that the NYAG’s lawsuit against Galaxy Digital is a misuse...Read More
In a blog post on Tuesday, the chief investment officer for the institutional grade Bitcoin ETF issuer wrote: “Two years ago, it was common for Bitwise clients to allocate ~1% of their portfolio to bitcoin and other crypto assets, an amount they could easily afford to lose.” But he’s noticed a big change over the...Read More
Bitcoin (BTC) is facing increasing pressure as key support levels are breaking, raising concerns about the end of its recent upward trend. The world’s leading cryptocurrency is struggling to hold its gains, with technical indicators pointing toward a shift toward bearish territory. Key Support Levels at Risk On the daily chart, Bitcoin has dropped below...Read More
Ether’s (ETH) underperformance as an asset has continued to spark criticism and speculation in the crypto community, with many expressing their displeasure at the Ethereum network’s current trajectory. Quinn Thompson, founder of the discretionary macro hedge fund Lekker Capital, insists that ETH is now completely dead as an investment. While some analysts and market participants...Read More
Unlike cryptocurrencies with prices moved by volatile global exchange markets online, stablecoins use similar techniques for security and trust, but as digital representations of currencies like the dollar and euro. They can provide efficient and low-cost payment rails for traditional central bank cash, but with some of the features and advantages of blockchain. So they...Read More
Two bills, which aim to establish digital asset reserves in Arizona, cleared the state’s House Rules Committee on March 24th and have now advanced to the House floor for a full vote. The proposed legislation includes the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which is...Read More
In March, corporate treasuries from Virginia to Texas, California, and Japan added Bitcoin to their books as a financial strategy. This is beginning to become a trend with factorable implications for Bitcoin’s price. Bitcoin ETFs on Wall Street flipped back to a streak of decisively positive inflows in March. These are custodial services of on-chain...Read More
Buffett made a name for himself as a modern-day prophet because of the scale of his historically outstanding success with free capital markets. Far away from New York City boiler rooms paralyzed by Wall Street’s echo chambers and groupthink, the Oracle of Omaha ignored newspapers and television news stories. Instead, the world’s most successful investor...Read More
Bitcoin is seemingly at another crossroads. After a volatile week, the cryptocurrency is testing a critical support zone between $82,000 and $84,000, and analysts are split on whether it is the calm before another leg up or the start of a brutal correction. Bear Trap or Bear Market? Crypto influencer Kyle Chasse sent alarm bells...Read More
HyperLiquid has announced a series of risk management improvements following a major incident involving its Hyperliquidity Provider (HLP) vault. As part of its response, HyperLiquid’s Foundation will refund users who held JELLY long positions at the time of settlement, using a closing price of $0.037555. This move is expected to ensure that all JELLY traders,...Read More
Terraform Labs has announced that the Crypto Loss Claims Portal will open on March 31, 2025, allowing affected investors to seek compensation for losses linked to the Terra USD (UST) token collapse. The company, which is winding down operations following its bankruptcy, stated that creditors must submit claims by April 30, 2025, to be considered...Read More
Chainlink (LINK) has been one of the worst-performing top assets on Thursday, having declined by over 8% in the last 24 hours. This can be attributed to profit-taking after a short-lived rally above $16 earlier this week. However, key stakeholders have added 8.3% more LINK to their wallets in just six months, which could lead...Read More
Following a successful deployment on the Hoodi testnet, developers are gearing up to launch the Pectra upgrade on the Ethereum mainnet in the next 32 days. According to a tweet by Ethereum developer Terence Tsao, the Pectra upgrade is scheduled to go live on April 30, pending full confirmation at the next developers’ meeting. This...Read More
Ripple and its native token – XRP – remain among the hottest topics in the crypto space. Check out the most recent developments in the Ripple environment. Ripple secures additional support The firm’s native cryptocurrency has become the subject of renewed support from various cryptocurrency exchanges ever since Ripple’s partial court win against the US...Read More
Bri Stern, the Los Angeles-based influencer behind the Solana meme coin SISTER (SSTR), has filed a lawsuit against Andrew Tate, alleging emotional and physical abuse. Stern took to social media, sharing her experiences alongside screenshots of conversations she claims are from her time with Tate. Allegations of Abuse In a lengthy thread on X, Stern...Read More
Bitcoin briefly surpassed $88,000 earlier this week, amidst a recovery following several catalysts, including GameStop’s surprise $1.3 billion capital raise for Bitcoin allocation. Despite this surge, the crypto asset quickly retraced, falling by 3% over the past 24 hours, as traders appear to have cashed in on the brief relief rally. However, BTC flows across...Read More
Cronos (CRO) has seen a significant uptick of nearly 11% over the past 24 hours, as it briefly surged above $0.11 on March 28th. While it has currently stabilized at around $0.10, the latest price action has pushed its weekly gains to nearly 40%. This rise in CRO’s value comes on the heels of a...Read More
The cryptocurrency market may be struggling, but macro headwinds are not deterring investors from talking about digital assets on social media. According to a tweet by the market intelligence platform Santiment, topics that are driving crypto discussions across social media platforms today include liquidity, Solana, key opinion leaders (KOLs), holders, and the term “MCP.” Crypto...Read More
A recent asset disclosure by South Korea’s Public Officials Virtual Assets Rank List revealed that 20.1% of high-ranking public officials hold crypto, with their total reported holdings amounting to $9.83 million. The official with the largest virtual asset portfolio was Seoul City Council Member Kim Hye-young, who declared $1.16 million in digital assets. The Rankings...Read More
Video game retailer GameStop has filed to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions. A press release on March 26 states that the offering consists of zero-coupon convertible senior notes maturing in 2030. Investors will have the option to convert the notes into GameStop’s Class A common stock at a later...Read More
The social media buzz around Solana (SOL) has reportedly reached a fever pitch, buoyed by GameStop’s $1.3 billion Bitcoin (BTC) play and BlackRock’s recent expansion onto the blockchain. This surge in institutional interest has fueled overwhelmingly positive sentiment toward Solana, with Santiment reporting a near-record high 18:1 positive-to-negative sentiment ratio. Institutional Backing Boosts Solana’s Appeal...Read More
Bitcoin’s (BTC) recent price movements have raised speculations about the possible end of the bull market and the onset of a bear season. Investors are wondering if the leading digital asset is entering a period of continued downturn and sideways movement, but analysts still insist there is hope. The on-chain analyst and bitcoin insights provider...Read More
In the past few trading days, the United States spot Bitcoin exchange-traded funds (ETFs) market has witnessed a positive reversal in investor flows. However, the on-chain analytics firm CryptoQuant says these funds are currently at a critical turning point, especially with BTC’s price reacting to macroeconomic uncertainty. In a series of tweets, CryptoQuant explained that...Read More
Gracy Chen has criticized Hyperliquid’s response to an incident on its perpetual exchange, warning that the platform’s actions could result in it becoming the next FTX. Her remarks come after the company’s decision to delist JellyJelly (JELLY) perpetual futures contracts. Decentralization and Structural Risks On March 26, Hyperliquid announced that it was removing JELLY’s future...Read More
The Curve DAO token (CRV) is gearing up for a potential breakout, but its fate hinges on Bitcoin’s (BTC) next move. Analysts warn that if BTC stumbles, CRV’s run could fizzle before it hits new highs. CrediBULL Crypto has highlighted a critical resistance zone for CRV. A clean break above this level could send the...Read More
There are some major developments on the Pi Network front, including inclusion in one of the most popular messaging apps for its native token as well as some changes for developers. Let’s dive in. Telegram integration CryptoPotato reported a few days ago, as news emerged that the Pavel Durov-founded messaging app had integrated PI tokens...Read More
Blockchain infrastructure provider Ripple Labs has integrated a new data platform to provide oracle services for its decentralized, public blockchain XRP Ledger (XRPL). According to a press release shared with CryptoPotato, this oracle services provider is named Lumina and is built on the open-source financial data platform DIA (Decentralized Information Asset). Unveiling DIA’s Oracle Services...Read More
Prominent blockchain security firm PeckShield reported an exploit involving the GMX decentralized exchange (DEX), which has brought attention to vulnerabilities within the Abracadabra (Spell) ecosystem. The incident, tied to Abracadabra’s cauldrons – smart contracts that facilitate DeFi operations like lending, borrowing, and liquidity provision – led to the theft of approximately 6,260 Ethereum, worth roughly...Read More
GameStop has officially added Bitcoin (BTC) to its treasury reserves after its board approved the decision. The move comes as the firm reported improved quarterly earnings, with net income more than doubling in the fourth quarter of 2024. Quarterly Profits Show Gains The Texas-based company announced on March 25 that its board has “unanimously approved...Read More
