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Is DogWifHat at Risk? WIF Tumbles 31% as Capital Moves to New Solana Meme Coin
18.4.2024
Popular Solana meme coin DogWifHat (WIF) posted seven-day depreciation of as much as 50% in 24 hours by the morning of Thursday, April 18, according to data by CoinGecko, although its intraweek losses have since slowed to about 31% as of this writing. Among meme coins, WIF took some of the heaviest...
Shiba Inu Price Prediction as SHIB Drops 22% in 7 Days – Where is the Next Support?
18.4.2024
SHIB has gained by 1% in the past 24 hours, with the Shiba Inu price also jumping by 3% in the past hour as the market corrects some of its recent losses.
The post Shiba Inu Price Prediction as SHIB Drops 22% in 7 Days – Where is the Next Support? appeared first on Cryptonews
Bitcoin and Ether Show Relative Resilience Amid Widespread Losses: CoinDesk Indices Market Update
16.4.2024
Bitcoin Falls Below $69K Ahead of U.S. CPI; Cardano, Dogecoin Lead Losses in Altcoins
10.4.2024
One analyst said profit taking by long-term holders spiked meaningfully into the $73,000 level and has cooled down in recent weeks, supporting a bullish bias in the future
Top Crypto Gainers Today on DEXScreener – MUFFIN, PVGO, GPT
6.4.2024
As blue-chip cryptocurrencies nurse losses on a Friday that saw a further hawkish repricing of Fed rate cut expectations, investors looking for top crypto gainers today are turning to the highly illiquid and volatile on-chain markets for quick returns.
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Is Wormhole About to Crash? W Price Drops 18% as Whale Money Shifts to Slothana
5.4.2024
Wormhole’s W token is down 18% in the last 24 hours, barely two days after listing on Binance, according to data by CoinGecko. The losses come amidst a broader market pullback that has shaved 2.2% off the price of Ethereum (ETH), the world’s second-largest cryptocurrency by market...
Solana Telegram trading bot closure follows $523K losses for users
2.4.2024
The developers of Solareum, a platform for trading Solana-based currencies on Telegram that was tied to a glitch that led user wallets to lose about $523,000 in SOL last week, announced that the service would be discontinued. Over 300 Solana users are thought to have been impacted by...
Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?
1.4.2024
Crypto theft plummeted by 48% in March, with malicious actors stealing $79M from DeFi projects, down from $160M in February. Flash loan attacks, phishing scams, and targeted exploits contributed to the losses.
The post Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?...
Defi Platforms Lose More Than $336 Million in Digital Funds in Q1 of 2024, Study Finds
1.4.2024
In the first quarter of 2024, more than $336 million in digital assets were stolen from decentralized finance platforms across 61 incidents of hacking and fraud. During this period, criminals made off with digital assets valued at $144.48 million in two major hacking incidents. In contrast...
XRP holders beware: Expert warns of potential losses in ongoing SEC battle
29.3.2024
Gasparino suggests the legal dispute may directly impact Ripple’s wealth. XRP is down 2.26% and expected to fall further. The SEC wants the courts to ban Ripple from selling XRP to institutional investors beyond the $2 billion penalty. A Fox Business reporter named Charles Gasparino...
Web3 Losses Cut By 23% in Q1 2024, Hackers May Be Eyeing $100 Billion in Locked Funds – Immunefi
28.3.2024
Almost $100 billion in capital is locked across Web3 protocols, representing an attractive opportunity for blackhat hackers, Immunefi said.
The post Web3 Losses Cut By 23% in Q1 2024, Hackers May Be Eyeing $100 Billion in Locked Funds – Immunefi appeared first on Cryptonews
Hedging Shields Portfolios from Whales Known to ‘Sell Their Losses to Retail Investors’ – Robby Greenfield
25.3.2024
Despite the notion that portfolio hedging is a preserve for institutional investors, Robby Greenfield, the CEO of Umoja Labs, says even retail investors can use well-known techniques to insulate their crypto portfolios against sudden and steep price swings. The CEO however concedes that many retail...
Is DogWifHat Going to Crash? WIF Price Plummets 26% as Focus Turns to Fresh Bitcoin Alternative
21.3.2024
DogWifHat (WIF) has lost 26% over the last week, making for some of the heaviest seven-day losses for a leading cryptocurrency today. It trades at $2.41 as of this writing, according to CoinGecko. A slight pullback today has hit meme coins the hardest. Market leaders Dogecoin (DOGE) and...
Is Solana About to Crash? SOL Price Dips 11% Amid Buzz for Viral Green Bitcoin – Early Buying Opportunity?
20.3.2024
Solana (SOL) briefly looked set to crash when it dipped 11% in the early hours of the morning UTC just a few hours after it flipped Ethereum for highest 24 hour trading volume. It has since stabilized somewhat, and its 24 hour losses are now just 4.1% as it changes hands at around $171...
DogWifHat Price Prediction as WIF Plummets 12% Suddenly – Here’s the Next Support to Watch
15.3.2024
Popular meme coin DogWifHat (WIF) plummeted 12% in the space of 24 hours to trade at $2.85 at the time of writing. Broadly speaking, all leading meme coins share the same fate today, with market leaders Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE posting similar losses. Crypto’s novelty coin...
Crypto Gains Surpassed $37.6 Billion in 2023: Chainalysis
14.3.2024
Global crypto gains reached $37.6 billion in 2023 following substantia losses in 2022, blockchain intelligence firm Chainalysis reveals in a new report released Thursday. The latest data is a promising sign for the crypto industry amidst bitcoin's dramatic rally.
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Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022
13.3.2024
Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses.
The post Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022 appeared first on Cryptonews
Sweden’s Central Bank Chief Cautions Against Bitcoin Integration Due to Speculative Nature
12.3.2024
Sweden's Central Bank Governor, Erik Thedeen, advocates for minimal Bitcoin adoption within the nation's financial system. He emphasizes concerns about Bitcoin's speculative valuation and potential investor losses.
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FBI: Crypto Investment Fraud Surged 53% in 2023, Topping $3.94 Billion
10.3.2024
The Federal Bureau of Investigation (FBI) has reported a surge in losses due to cryptocurrency-related investment scams.
The post FBI: Crypto Investment Fraud Surged 53% in 2023, Topping $3.94 Billion appeared first on Cryptonews
Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI
8.3.2024
Investment fraud at large grew by 38% from $3.31 billion to $4.57 billion, according to the bureau's Internet Crime Report 2023, highlighting the prominent role that cryptocurrency plays in this area of crime