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Bitcoin miner sell pressure 'weakening' as BTC withdrawals drop 85%
28.6.2024
BTC withdrawals from miner-affiliated wallets have gone from above 50,000 per day to under 10,000 since the halving, data shows
Bitcoin activity drops to lowest level since 2010
28.6.2024
The lack of retail participation is suspected of dropping Bitcoin wallet activities as celebrity memecoins attract speculators away from more established cryptocurrencies
Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigerian Web3 Industry
28.6.2024
Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization representing blockchain and crypto associations has warned. Evidence of this impact includes the decline in foreign investments. The organization also argued that the continued...
Bitfarms adds board member to deter Riot Platforms takeover
28.6.2024
Despite initially planning to buy all Bitfarms’ shares at $2.30 per share, Riot withdrew the offer, stating that cooperating with Bitfarms’ current board was difficult
Bitcoin sentiment decline may signal market bottom
28.6.2024
BTC price has failed to hit a new all-time high in over three months, especially after the Bitcoin halving in April
Kraken’s Jesse Powell Donates $1 Million to Trump
28.6.2024
Crypto industry leader Jesse Powell has made a significant donation of $1 million, primarily in ethereum, to Donald Trump’s presidential campaign. In a social media post, Powell cited the crypto industry’s struggles with regulation under the Biden administration, specifically naming...
Long Dormant Whale Sends $61M BTC to Coinbase, OnChain Data Shows
28.6.2024
The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market
2024 Crypto Losses Attributable to Deepfakes Projected to Exceed $25 Billion
28.6.2024
Losses attributed to crypto crimes involving the use of deepfakes are projected to surpass $25 billion in 2024. According to the latest Bitget research study, these losses are expected to continue rising if no regulatory intervention is introduced to curb this type of fraud. Educating users...
Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
28.6.2024
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment...
Bitcoin and Crypto Were Not Mentioned Once During the Trump-Biden Debate
28.6.2024
Prior to the highly anticipated presidential debate between Donald Trump and Joe Biden, many on social media were speculating whether the topics of Bitcoin and cryptocurrency would come up. However, as the debate concluded, it was clear that neither candidate made any mention of these emerging...
Spot Solana ETF might 9X the price of SOL: GSR Markets
28.6.2024
The crypto market maker’s forecast for Solana was based on a “blue sky” scenario, while its “bear” scenario only predicted a 1.4x increase in Solana’s price
Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam
28.6.2024
Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage...
Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness
28.6.2024
Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar strengthens, driven by expectations of prolonged elevated U.S. interest rates. The Bloomberg Asia Dollar Index fell by 0.1% on Thursday, marking its lowest point since November 2022. Significant declines in...
Bitcoin spikes as betting markets favor Trump during debate with Biden
28.6.2024
The price of Bitcoin jumped as much as 1.1% after the presidential debate kicked off on Thursday evening, with Donald Trump extending his lead over Joe Biden in betting markets
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
28.6.2024
Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including $2 million in cryptocurrency. The operation targeted phishing, investment fraud, fake online...
Bitcoin 'wholecoiners' hold above 1 million mark for 13 months
28.6.2024
The number of Bitcoin wholecoiners tends to rise and fall with the crypto market’s ebbs and flows, but it has stayed above 1 million for over a year now
SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities
28.6.2024
The U.S. Securities and Exchange Commission (SEC) instituted administrative proceedings against Lufkin Advisors LLC on Wednesday. This follows an offer of settlement from Lufkin Advisors, which the SEC has accepted. The SEC found that Lufkin Advisors engaged in fraudulent activities, including...
Binance CEO Shares Key Tips for Investors Getting Into Crypto
28.6.2024
Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips for starting a crypto journey. “Explore and constantly reassess your strategy” was one of the three pieces of advice the Binance executive gave....
Robert Kiyosaki Bought 60 Bitcoins at $6K — Now Buys BTC Every Month
28.6.2024
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he purchased 60 bitcoins at $6,000 each and continues to buy more bitcoin every month. He explained that the crypto represents “rules-based money,” contrasting it with government fiat money, which he describes...
Federal Reserve Stress Test Projects $685 Billion in Losses for Large Banks
28.6.2024
The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than last year due to increased risks in bank balance sheets and higher...