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GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows


Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin...

XRP loses buoyancy faster as whales abandon


Ripple’s XRP was in the headlines for the past few weeks for unfortunate reasons ranging from scathing analyst reviews and feedback to regulatory battles. The XRP tokens were not having the best of the times.  To add more to the damage, whales also started moving away from the Ripple...

Doge vs. ADA: One survives bear market


The dynamic crypto world can have interesting battles as different coins fight to outdo each other and get the attention of investors. We will look at speculative combat between Dogecoin (DOGE) and Cardano (ADA), two popular cryptocurrencies with a very different history and technical...

MoJ and prosecution promote ‘Virtual Asset Joint Fund’ formalization


The emergence of virtual assets has altered the financial landscape, necessitating heightened efforts to prevent crimes like money laundering.  The Ministry of Justice and the prosecution are supporting the formation of a Virtual Asset Joint Investigation Team by the Seoul Southern District...

Ripple vs. SEC case and Its Appeal strategies : An overview


As the Securities and Exchange Commission (SEC) submits its opposition brief to Ripple’s Motion to Strike expert testimony on Monday, April 29th, the court will once more hear the SEC vs. Ripple lawsuit. The legal dispute arose subsequent to Ripple’s December 2020 indictment by the...

Slothan secures $15 million amid Chainlink’s 28% drop


In the crypto world, the last entrant is Slothan, who attracted attention before the presale. The project has exceeded $15 million in funding so far, demonstrating strong token demand and a positive outlook from investors. This way, the mission demonstrates the character of the Slothana, which is...

With fewer projects in the works, Polkadot (DOT) is trading below $7


After showing signs of improvement earlier this week, Polkadot (DOT) failed to reach the fragile resistance margin and repeatedly traded below $7. Due to its failure to break above the 20-day simple moving average (SMA), a significant resistance level, Polkadot is once again trading below $7. $DOT...

South Korea to Make Temporary Crypto Investigative Unit Permanent


South Korea is taking decisive measures to combat the surge in cryptocurrency-related crimes and fraud cases by moving to establish its temporary crypto investigative unit as a permanent entity. The post South Korea to Make Temporary Crypto Investigative Unit Permanent appeared first on Cryptonews

LINK set for Liftoff? Analyst unleashes buy signal & price target


Chainlink is one of the most prominent Oracle service providers in the market. Given the platform’s status, Chainlink also adds a layer of promise to LINK, its native currency. Under the current market situation, traders are turning to versatile investment options. This is where LINK chimes in with...

Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery


As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish...

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