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Whale increases PEPE holdings by $1.75 million despite previous losses


Among the peculiarities of the constantly fluctuating crypto market, there are large investors or ‘whales,’ who possess the ability to shift the market trends. More recently, a large whale was in the news for upping their stake in PEPE, a meme-based, or joke, cryptocurrency by $1.75 million. This...

Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years


The number of United States adults reporting cryptocurrency ownership or usage has seen a significant decline, according to the latest annual household survey conducted by the Federal Reserve.  The post Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years appeared first...

Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer


The famous hacker from Poloniex who caused the Bitcoin exchange's security breach the previous year is again on the loose. In an attempt to launder the stolen money, the burglar transferred 1,100 Ethereum (ETH), worth $3.4 million, to the authorised cryptocurrency mixer Tornado Cash on May 7. The...

PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos


According to Paxos' most recent transparency report on PayPal USD, the circulation of PYUSD in March totaled $188.5 million, marking a 39% decrease compared to the previous month. The post PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos appeared first on Cryptonews

Bitcoin Technical Analysis: BTC Eyes Previous Zeniths With Renewed Vigor


On April 8, 2024, bitcoin reached an impressive 24-hour peak of $72,573, marking a significant uptrend. With a 24-hour trading volume of $29.64 billion and a market capitalization soaring to $1.41 trillion, the cryptocurrency showcases strong market growth. Bitcoin Analyzing the daily chart...

Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm


The latest mergers and acquisitions (M&A) and financing activities in the cryptocurrency sector through the first quarter of 2024 are up 22%, according to a new research note from Architect Partners. The post Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm...

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