Bitcoin’s price volatility has returned at the start of the business week, with the asset getting rejected at $84,000 yesterday, only to crash by over three grand before staging a notable comeback. With most altcoins following a similar trajectory, it’s no wonder that the total value of wrecked positions has skyrocketed to well over $800 […]
BitMine said on Monday it bought 12,532 Ethereum in the week to October 11, its third small weekly purchase in a row, taking the treasury to 6,028,946 ETH, or 4.9% of the 122.1 million ETH in supply. The purchase followed the 15,112 ETH BitMine added in the week to October 4, and the company bought […]
XRP spot trading activity has plunged sharply in recent weeks, even as futures trading takes on a larger role. Data compiled by CryptoQuant shows that combined spot volume across centralized exchanges fell by $1.943 billion between August 26 and October 11. Binance accounted for $429 million of that decline, after its seven-day average spot volume […]
October 12 is shaping up as an important day for Ripple’s cross-border token as Evernorth begins trading on Nasdaq with a treasury of roughly 473 million tokens. Meanwhile, analysts are watching whether the asset can stabilize around $1.40 and reclaim the next key level at $1.50 before it can aim at even higher targets. 473M […]
After reports emerged of a potential theft of over $80 million in crypto from its devices, Ledger confirmed over the weekend that at least one wallet tied to the ongoing CryptoBilis investigation contained an unauthorized hardware implant. Meanwhile, a new community report on X claimed a suspicious Ledger device bought from MediaMarkt in Europe may […]
A 25-year-old man has been jailed for two and a half years for his involvement in SIM-swap fraud, which saw four people lose £200,000 worth of crypto in November 2021. According to the City of London Police, Ajay Shinjin, also known as AJ Marley Cruz, received more than £44,000 from the proceeds of crime and […]
Most major cryptocurrencies tanked over the past several days, led by bitcoin’s nosedive from $87,000 to under $81,000, which became its lowest price tag in well over two weeks. Large altcoins such as XRP and ETH were not spared, with the former posting a double-digit decline over the past seven-day period. The question now is […]
The weekend is going relatively calmly for bitcoin and most of the crypto market, as is typical, but another macro event in the past several hours threatened to disrupt that. Yemen’s Houthis reportedly attacked the King Khalid International Airport in Riyadh, Saudi Arabia, with at least 12 people killed and over 300 injured. Saudi Arabia’s […]
On-chain researchers estimate that somewhere between $72 million and $86 million may have been stolen, as Ledger begins investigating reports of these major crypto losses from users who bought hardware wallets from an authorized Southeast Asian reseller. The hardware wallet manufacturer said there is no indication that its own infrastructure, systems, or services were compromised. […]
Bitcoin’s on-chain regime model from BIT has returned to a 67% net-long position for a second consecutive month, with five indicators now in territory historically associated with bull markets. The reading suggests a potential recovery in Bitcoin’s cycle, although a recent $7,000 price decline and two important on-chain price levels leave room for further weakness. […]