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Defi Platform Radiant Capital Loses Digital Assets Worth $4.5 Million After Flash Loan Attack
4.1.2024
Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $4.5 million. Radiant Capital has urged the hackers...
Bitcoin Price Prediction: JPMorgan Talks ETF, Cipher Buys Miners Amid Drop
4.1.2024
The cryptocurrency world is abuzz with significant developments as Bitcoin grapples with market volatility. On Thursday, Bitcoin’s price saw a notable decrease, dropping by nearly 4.50% to $43,000. Amidst this price fluctuation, major financial players like JPMorgan and Goldman Sachs...
The Big List: Retail Revolution with Cryptocurrency – Retailers Embracing Digital Payments
4.1.2024
Microsoft Office / Source: Adobe There are many retailers accepting cryptocurrency as a form of payment and realizing how important it is to attract and tap into a more tech-savvy client base. Some would argue that the end of fiat currencies is nigh, and eventually, fiat will be replaced by digital...
STX20 Protocol Demonstrates Potential for Scaling Bitcoin Ordinals on an L2 Network
4.1.2024
According to developers behind the project, the debut of the STX20 protocol on Stacks’ Bitcoin layer two (L2) has marked a pivotal moment for Ordinals-style assets. Amid growing demand for innovative use cases in the Bitcoin ecosystem, the Stacks team believes the STX20 test has shown significant...
The Future of Bitcoin Is Here – In The Form of Predict-To-Earn Sensation Green Bitcoin (GBTC)
4.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Green Bitcoin (GBTC) has become a focal point of interest within the cryptocurrency community, attracting a significant influx of investors during its presale. The enthusiasm is evident as the total...
SEC Will Approve Spot Bitcoin ETF to Maintain Regulatory Control Over Crypto Industry, Analyst Says
4.1.2024
Investment bank TD Cowen predicts the U.S. Securities and Exchange Commission (SEC) will approve a spot bitcoin exchange-traded funds (ETFs) by the Jan. 10 deadline as a “political necessity.” The bank’s analyst believes that the SEC needs to “cement its role as a crypto...
Robert Kiyosaki: Our Leaders Will Drive Us Into Depression, War — Reiterates Bitcoin Buy Recommendation
4.1.2024
Rich Dad Poor Dad author Robert Kiyosaki has warned that our leaders will drive the U.S. economy into an economic depression and a war. The famous author has reiterated his recommendation to buy bitcoin amid high anticipation of the U.S. Securities and Exchange Commission (SEC) approving spot...
Crypto Investment Products Record $243 Million Inflows in Final Week of 2023, Yearly Total Reaches $2.2 Billion – CoinShares
4.1.2024
Source: Adobe / Luisa Cryptocurrency investment products witnessed substantial inflows, totaling $243 million in the final week of 2023, contributing to a cumulative yearly inflow of $2.2 billion. According to CoinShares, Bitcoin (BTC) led the way with over $1.9 billion in inflows, accounting...
Peter Schiff Expects Spot Bitcoin ETFs to Bring Speculator Sell-Off, Minimal Institutional Demand
4.1.2024
Economist and gold bug Peter Schiff expects the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) to be a nonevent. The crypto skeptic explained that there is “really no need for a bitcoin ETF, as you can buy and store bitcoin yourself...
5 OG Crypto Coins That Can Pump in the 2024 Bull Run
4.1.2024
Ethereum, Solana, Cardano, Polkadot, and Polygon are some of the top cryptos likely to surge during the next bull run. Image by Fareed Mindalano, DALL-E 3. A market sell-off over the past day has seen Bitcoin’s price tumble by over 10%, with the cryptocurrency dropping from roughly $45,500...
Michael Saylor Selling $216 Million of Microstrategy’s Shares, Plans to Buy More Bitcoin
4.1.2024
Microstrategy’s executive chairman, Michael Saylor, is selling $216 million of his company’s shares, according to a filing with the U.S. Securities and Exchange Commission (SEC). The pro-bitcoin executive intends to use some of the proceeds to acquire additional bitcoin for...
Top Crypto Gainers Today on DEXTools – OPSEC, ANVA, ORBT
3.1.2024
Top Crypto Gainers Today on DEXTools Blue chip cryptocurrency markets are mostly lower on Wednesday amid a fresh flushing out of leverage that may have been triggered by FUD relating to the imminent expected approval of spot Bitcoin ETFs in the US, as well as potentially by macro headwinds as...
Mystery Wallet Rockets to Top 10 Bitcoin Holders With 8,888 BTC New Year’s Gain
3.1.2024
A bitcoin wallet, believed to be linked to Tether, the leading stablecoin issuer, has ascended to become the tenth largest holder of bitcoin. This elevation occurred after an accrual of 8,888 bitcoin from Bitfinex as the year concluded. Presently, the wallet’s holdings total around 66,465.20...
Cardano Price Prediction as ADA Dumps 7.5% – Can ADA hit $1 in 2024?
3.1.2024
Cardano (ADA), the cryptocurrency that powers the smart-contract-enabled layer-1 Cardano blockchain protocol, dumped 7.5% on Wednesday. ADA/USD was last changing hands around $0.56 per token, having at one point traded as much as 16% lower on the day when it hot lows just above $0.50, near...
Matrixport Report Says SEC Unlikely to Approve Spot Bitcoin ETFs in January, Price to Drop Below $40,000
3.1.2024
The crypto financial services platform Matrixport has said it does not see the U.S. Securities and Exchange Commission approving any spot bitcoin exchange-traded fund in January. In its latest report, the crypto platform said it foresees the price of bitcoin dropping “back to...
Bitcoin (BTC) Faces Downside Threat from Altcoins Like Solana (SOL) & Borroe Finance ($ROE)
3.1.2024
Bitcoin (BTC) will need to hold the psychological price of $40,000 to avoid a bearish momentum, given that the leading cryptocurrency recently retested this level. On the other hand, Borroe Finance ($ROE) and Solana (SOL) continue to experience a significant uptrend despite BTC facing a downside...
Best Crypto to Buy Today January 3 – Conflux, Sei, Internet Computer
3.1.2024
CFX, SEI, and ICP stand out as top options for the best crypto to buy today amidst market turbulence. Image by cryptonews.com. The cryptocurrency market is experiencing a sharp selloff, with Bitcoin leading the downturn following a recent analysis by Matrixport suggesting the SEC will likely reject...
Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence
3.1.2024
Over the past few years, the stablecoin market has significantly slowed, particularly since mid-2022, following the collapse of Terra’s stablecoin. Additionally, last year, the New York Department of Financial Services (NYDFS) instructed Paxos to cease the issuance of BUSD. Beyond these...
Solana Price Prediction as Flash Crash Wiped Out $26 Million in Longs– Where Next After SOL Recovers 16% to $100?
3.1.2024
Solana (SOL), the native cryptocurrency of the high layer-1 Solana blockchain protocol, has seen a massive 16% bounce from intra-day lows in the $85 area, and was last trading slightly back to the north of the psychologically important $100 level. Despite the stunning recovery in the last...
Bitget Exchange Reports Significant Growth in Employees and User Base, Highlights Focus on Bitcoin Expansion in 2024
3.1.2024
  Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in its employee and user base in 2023. According to its recently released year-end report, the crypto exchange Bitget has reported aggressive workforce expansion and a significant increase in its user base...