Ripple is strengthening its presence in the Asia-Pacific (APAC) region with a new partnership in South Korea. Ripple President Monica Long expressed excitement over the deal with BDACS, a top digital asset custodian i…
XRP has slipped below its ascending moving average, dropping to $2.24, signaling growing bearish momentum. The cryptocurrency now faces a critical downtrend, with a risk of further losses unless strong support holds. …
Ethereum (ETH) has faced its most intense selling pressure in 18 months, plunging to $2,428 after a 2.53% daily decline. The surge in trading volume signals potential further downside, echoing a similar market correct…
The U.S. House of Representatives has taken a key step to overturn an IRS rule that imposes strict tax reporting on decentralized finance (DeFi) platforms. The House Ways and Means Committee voted 26-16 in favor of a …
The FBI has identified North Korea as the culprit behind the massive $1.5 billion cryptocurrency theft from ByBit, a major crypto exchange. The agency attributed the attack to the "TraderTraitor" hacking group, known …
The U.S. Securities and Exchange Commission (SEC), the Tron Foundation, and Justin Sun have jointly requested a federal judge to pause the regulator’s lawsuit against Sun and his company. The motion, filed Wednesday, …
The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into Gemini, but Gemini co-founder Cameron Winklevoss isn’t letting it go.
Bybit’s forensic review of last week’s $1.5 billion hack confirmed that its systems remained secure, attributing the breach to compromised Safe wallet infrastructure. The investigation found that a Safe developer's cr…
The U.S. Treasury has appointed Tyler Williams, regulatory counsel at Galaxy Digital, to advise on digital asset and blockchain policy. Williams, who currently leads Regulatory and Legislative Affairs at Galaxy Digita…
Bank of America is prepared to launch its own U.S. dollar-backed stablecoin if lawmakers approve necessary legislation, CEO Brian Moynihan said in an interview at the Economic Club of Washington, D.C.
Bitcoin tumbled to a three-month low on Wednesday, shedding 4.4% to hit $84,200 as global trade concerns and massive ETF outflows sparked a broader market sell-off. Investor sentiment soured after U.S. President Donal…
"Just when I thought I was out, they pulled me back in." This famous line from The Godfather perfectly describes Bitcoin’s (BTC) latest market moves. After a brutal sell-off earlier this week wiped out $1.5 billion in…
On-chain data reveals that Bitcoin (BTC) whales have offloaded 25,740 BTC in the past seven days, according to crypto analytics firm IntoTheBlock. These large holders, who control between 10,000 and 100,000 BTC, have …
PayPal’s launch of its PYUSD stablecoin highlights a growing shift toward crypto-powered payments, a vision Rezolve Ai (RZLV) has been pioneering in partnership with Tether. As PayPal steps into the space, Rezolve Ai’…
Bitcoin ETFs faced a major shake-up last week, with a staggering $1.8 billion in outflows. A single-day withdrawal of $938 million saw Fidelity’s FBTC take the biggest hit at $345 million, while BlackRock’s IBIT lost …
Bitcoin ETFs have seen their largest daily outflow since their launch in early 2024, with nearly $937.9 million worth of BTC withdrawn from 11 funds, according to analytics platform SpotOnChain. The biggest losses cam…
ARK Invest, led by Cathie Wood, seized the opportunity to acquire 41,032 Coinbase (COIN) shares worth $8.7 million as the crypto market tumbled on Tuesday. The investment was made through ARK’s Next Generation Interne…
A new cybersecurity report warns that hackers are planting malicious code in GitHub projects to steal Bitcoin (BTC) and other cryptocurrencies. Security firm Kaspersky uncovered a campaign called "GitVenom," which has…
XRP, the payments-focused cryptocurrency, has faced a 25% price drop this month, falling to $2.28 from its January peak of $3.40, according to TradingView and CoinDesk. However, Fibonacci retracement analysis suggests…
Bitcoin extended losses for the fourth consecutive session, plunging 3.6% to $88,706.9 by early Wednesday, after briefly dipping to $86,000. The world’s largest cryptocurrency has shed about $8,000 over the past week,…
Litecoin (LTC) saw a sharp 10.80% jump, reaching $122.94 by 04:38 (09:38 GMT) on Wednesday, marking its biggest one-day gain since February 10. This surge pushed Litecoin’s market cap to $9.07 billion, accounting for …
Bitcoin (BTC) is facing a critical moment, fluctuating between $85,000 and $95,000. A break below $90,000 could trigger a sharp decline, but with little resistance above $95,000, a bullish breakout could be just as sw…
Michael Novogratz’s Galaxy Digital (GLXY) has appointed Zac Prince as a managing director, according to an internal memo seen by CoinDesk. Prince will work closely with Galaxy President Chris Ferraro to drive the firm…
Strive Asset Management CEO Matt Cole has urged GameStop (NYSE:GME) to adopt the Bitcoin Standard, positioning the company as a leader in Bitcoin treasury management within the gaming sector. In a letter to GameStop C…
A massive Bitcoin transaction has caught the market’s attention as 8,022 BTC, valued at nearly $738.86 million, was transferred from Coinbase (NASDAQ:COIN) to an unknown wallet. Blockchain tracker Whale Alert flagged …
Bitcoin’s price action remains turbulent, with the flagship cryptocurrency dropping 9% in two days to $88,000, triggering $1.5 billion in liquidations. Despite market chaos, top trader DonAlt sees nothing unusual, emp…
The Shiba Inu (SHIB) community has ramped up token burns, removing 13,938,285 SHIB from circulation in the past 24 hours, according to Shibburn. A single transaction accounted for 12,904,644 SHIB, fueling an impressiv…
Peter Schiff, a long-time Bitcoin critic, is once again warning of disaster for Michael Saylor’s Bitcoin-focused strategy. As BTC dips below $89,000, Schiff argues that Strategy, formerly MicroStrategy, is on the brin…
Despite recent price swings, CryptoQuant CEO Ki Young Ju asserts that Bitcoin remains in a bullish cycle. He dismisses fears of a bear market, emphasizing that BTC’s ongoing correction is typical in a bull run.
U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their second-largest outflow of the year on Monday, shedding $516.4 million, according to Farside data. This marked the ninth net outflow in 10 days, refle…
Crypto traders suffered over $1.2 billion in liquidations in the past 24 hours as Bitcoin (BTC) tumbled below $89,000, its lowest level since November. The downturn, which intensified during Asian trading hours on Tue…
Ethereum (ETH) plunged over 5% on Tuesday to $2,375, with its 50-day simple moving average (SMA) nearing a crossover below the 200-day SMA—a formation known as the “death cross.” This technical pattern suggests weaken…
FTX’s native token, FTT, saw a sudden surge Monday night after Sam Bankman-Fried’s X (formerly Twitter) account posted for the first time in two years. The disgraced FTX founder, currently serving a 25-year prison sen…
Ethena Labs has integrated Chaos Labs’ Edge Proof oracles to strengthen the risk management framework of its synthetic stablecoin, USDe. The integration enhances transparency by independently verifying USDe’s total re…
Ethereum (ETH) has dropped 11.5% in the past 24 hours, bringing it dangerously close to triggering massive liquidations on MakerDAO. On-chain data reveals that three major positions, valued between $109 million and $1…
Bitcoin (BTC) fell below $89,000 during early European trading on Tuesday, reaching $88,500, its lowest level since mid-November, according to CoinDesk data. The decline follows continued losses in tech stocks and ren…
Infini, a Hong Kong-based neobank offering interest on stablecoin deposits, suffered a devastating exploit, losing $49.5 million. Blockchain security firm PeckShield reported the incident just days after Infini announ…
Ethereum’s highly anticipated Pectra upgrade launched on the Holesky testnet but failed to finalize as expected. Activated at 21:55 UTC, the upgrade encountered an unexpected issue, leading developers to investigate v…
OKX, one of the largest cryptocurrency exchanges, has settled with the U.S. Department of Justice (DOJ) over allegations of operating without a money transmitter license. The exchange’s affiliate, Aux Cayes FinTech Co…
U.S. authorities have seized approximately $31 million in cryptocurrency linked to the 2021 Uranium Finance hack, according to the Southern District of New York (SDNY). The recovery was part of a joint operation betwe…
