News

Bitcoin Sees $1 Billion Stablecoin Outflow as Long-Term Holders Withdraw

Bitcoin (BTC) is experiencing a retreat from its recent all-time high of $111,814 and is currently trading in the mid-$100,000 range. On-chain data...

XRP Price Breakout Anticipated at $2.56 Trigger Level

XRP is nearing a potential breakout, supported by Elliott Wave Theory and Wyckoff reaccumulation principles. Analysts have identified critical price...

U.S. Senate Stablecoin Bill Nears Final Debate Amid Lobbyist Pressure

The U.S. Senate is in the final stages of debating the stablecoin bill known as the GENIUS Act, which aims to regulate stablecoin issuers like...

Bitcoin Drops 5.2% as Binance Taker Buy/Sell Ratio Falls Below 1.0

Bitcoin (BTC) has retraced from its record high of over $111,000 last month to a current price of $104,115, marking a 5.2% decline in the past week...

Ethereum Foundation Restructures, Lays Off Members of R&D Team

The Ethereum Foundation has laid off members of its research and development team as part of a restructuring effort to address critical protocol...

Ethereum Supply on Exchanges Reaches Lowest Level in Seven Years

Ethereum Performance Overview Ethereum has risen over 100% since early April, from around $1,600 to above $2,700. The asset is facing...

New Hampshire Ranked Most Crypto-Friendly U.S. State by ASICKey Study

New Hampshire ranks as the top crypto-friendly U.S. state despite high electricity costs and minimal bitcoin mining, scoring 71.22 out of 100 due...

Cardano ADA Price Faces Resistance at $0.690 Amid Trading Surge

Geopolitical tensions and regulatory uncertainty affect cryptocurrency markets. Cardano (ADA) shows price volatility between $0.664 and $0.690...

Meta Shareholders Vote Against Bitcoin Addition to Company's Balance Sheet

Meta (META) shareholders rejected a proposal to add bitcoin (BTC) to the company's balance sheet. In a recent filing with the U.S. Securities...

Ethereum Price Could Reach $8,000 According to Crypto Analysts

Crypto analysts are predicting significant price movements for Ethereum (ETH) in the coming cycles. Key forecasts include: Crypto GEM predicts ETH...

Abra CEO Predicts Bitcoin Could Reach $130,000 Amid Liquidity Surge

Bill Barhydt, CEO of Abra, shared a collage of global M2 versus Bitcoin charts that suggest potential price movements for Bitcoin. Key points...

Consensys Acquires Web3Auth to Enhance MetaMask User Experience

Consensys has acquired Web3Auth to enhance the usability and developer accessibility of its MetaMask wallet. Financial details of the acquisition...

Reitar Logtech Plans $1.5 Billion Bitcoin Acquisition for Treasury Diversification

Reitar Logtech Holdings Ltd. Plans $1.5 Billion Bitcoin Acquisition Reitar aims to acquire 15,000 BTC through a treasury diversification...

Ethereum Tests Key Support at $2,500 Amid Market Uncertainty

Ethereum is trading near $2,488, facing selling pressure as bearish momentum increases in the broader crypto market. Recent attempts to break the...

Riot Platforms Hires Jonathan Gibbs as Chief Data Center Officer

Riot Platforms (RIOT) appointed Jonathan Gibbs as Chief Data Center Officer to expand into the data infrastructure sector. Gibbs has over 15 years...

Solana Faces Downside Pressure After Breaking Key Support Level

Solana (SOL) is experiencing downward pressure after failing to break the $158–$159 resistance. Key developments include: Sellers dominated at...

TON Price Recovers 3.7% After Establishing Support Above $3.10

Geopolitical tensions and trade disputes are causing market volatility, affecting both traditional financial markets and cryptocurrencies. The...

Strategy Acquires 705 Bitcoin for $75 Million Amid Market Volatility

Strategy, formerly MicroStrategy, acquired 705 Bitcoin valued at approximately $75 million between May 26 and 30. The purchase price for each BTC...

Litecoin Maintains $87.50 Support Amid Market Uncertainty

Litecoin (LTC) displays resilience amidst a volatile global economy, maintaining a critical price floor at $87.50, as noted by CoinDesk Research. ...

Circle Targets $7.2 Billion Valuation in Upcoming IPO

Circle, the issuer of the USDC stablecoin, plans an initial public offering (IPO) with a fully diluted valuation of up to $7.2 billion, according to...

AVAX Declines 8.5% Amid Global Economic Uncertainties and Trade Tensions

Global economic uncertainties and trade tensions have impacted cryptocurrency markets, leading to an 8.5% decline in AVAX over the past 24...

NEAR Protocol Faces Price Volatility Amidst Global Economic Uncertainty

NEAR Protocol's price reflects broader market turbulence due to global economic uncertainty. Key points include: Price volatility in the last 24...

Bitcoin's $111,000 All-Time High Faces Skepticism from Experts

Bitcoin's recent momentum has weakened after reaching an all-time high of $111,000 on May 22. Analysts are divided on the implications for its price...

U.S. Researchers Warn Against Cuts to Crypto Innovation Funding

An open letter from notable academic researchers highlights the critical role of universities in advancing crypto and blockchain innovation. The...

ATOM Maintains Support Levels Despite Global Economic Uncertainties

Global economic uncertainties impact cryptocurrency markets as nations adjust to complex trade dynamics. ATOM shows resilience, maintaining support...

Blockchain Security Firm Warns of EIP-7702 Exploitation Affecting Ethereum

Wintermute has identified significant abuse of Ethereum Improvement Proposal (EIP) 7702, introduced after the Ethereum Pectra upgrade. EIP-7702...

21X Integrates Circle's USDC Stablecoin for Tokenized Securities Trading

21X, a Frankfurt-based platform for trading tokenized stocks, bonds, and funds regulated by BaFin, has integrated Circle's USDC stablecoin as a...

USDT0 Launches XAUT0 Token to Integrate Gold with DeFi Applications

The stablecoin protocol USDT0 is launching a tokenized gold product called XAUT0, enhancing compatibility with decentralized finance (DeFi)...

$302 Million Lost to Cryptocurrency Scams and Hacks in May

In May, cryptocurrency investors lost over $300 million due to scams, hacks, and exploits, as reported by CertiK. Code vulnerability exploits...

Ethereum Rebounds Above $2,500 Amid Market Volatility and Strong Demand

Ethereum remains stable above the $2,500 support level amid market volatility. Key highlights include: Price rebounded from $2,472.84 to a high of...
0