Crypto market capitalization has topped $2.5 trillion for the first time since late July as Bitcoin powers towards $70,000, but will this week’s economic reports propel it further? Additionally, the United States presidential election is just two weeks away, “which should begin to bring more volatility,” commented the Kobeissi Letter. Economic Events Oct. 21 to […]
Following the NFT crash a few years back, ApeCoin was among the most affected projects and seemingly disappeared from most crypto users’ range of vision. However, the protocol made a massive announcement hours ago that propelled a whopping rally for the native token, pushing its price beyond the coveted $1 level. $APE || The start […]
Chirag Tomar, a 31-year-old Indian citizen, was sentenced to five years in federal prison for orchestrating a cryptocurrency fraud scheme that defrauded hundreds of victims out of more than $20 million. U.S. District Judge Kenneth D. Bell handed down the sentence, which also included two years of supervised release. Scammers Imitate Coinbase to Steal Millions […]
The surge in meme coins significantly contributed to Tron’s record revenue of $151.2 million in Q3 2024. According to a report by Messari, the latest figure marks a 29% increase from the previous quarter. This growth can be largely attributed to the launch of SunPump, a platform designed specifically for launching meme coins. Activity on […]
The stablecoin market is growing, increasing liquidity and stabilizing the crypto space. This growth can be seen in the two largest stablecoins, Tether USD (USDT) and USD Coin (USDC), which are now responsible for a large portion of the crypto market’s transaction volume. A tweet by the decentralized finance analysis platform IntoTheBlock revealed that USDT […]
Around 18,500 Bitcoin options contracts are expiring on Friday, Oct. 18, with a notional value of around $1.26 billion. Today’s options expiry is very similar to last week’s, with declining volatility resulting in smaller expiry events. For this reason, the impact on spot markets is likely to be minimal. However, there is a large $4 […]
Around 18,500 Bitcoin options contracts are expiring on Friday, Oct. 18, with a notional value of around $1.26 billion. Today’s options expiry is very similar to last week’s, with declining volatility resulting in smaller expiry events. For this reason, the impact on spot markets is likely to be minimal. However, there is a large $4 […]
High-risk cryptocurrency loans are rising again, and according to insights from analysts, the growth cannot be considered a positive occurrence for the digital asset space. Data from the market analytics platform IntoTheBlock shows that high-risk loans have surged to the $5 million region, a level last seen during the crash of many crypto lenders in […]
On Oct. 17, om-chain analytics platform Santiment reported that Bitcoin whale transactions have spiked to their highest level in over ten weeks. There were 11,697 transfers worth more than $100,000 on Oct. 15 and the 16th was also shaping up to be a high day for whale activity. The platform also noted that social media […]
Ethereum advocates are fighting back against a wave of misinformation and FUD targeting the ecosystem. The attacks come as ETH has underperformed rival layer-1 blockchain tokens, sparking more crypto tribalism. On Oct. 17, independent Ethereum educator and angel investor Anthony Sassano lashed out at Multicoin Capital co-founder Kyle Samani for posting “blatant misinformation.” Ethereum FUD Escalates […]