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$20M exploit cripples Sonne Finance, hacker in no mood for negotiation
15.5.2024
Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing
Over 1 Million New Tokens Launched Since April, Ethereum and Solana Lead the Way
15.5.2024
The cryptocurrency market has witnessed the launch of over 1 million new tokens since the beginning of April, with Ethereum and Solana leading the way.
The post Over 1 Million New Tokens Launched Since April, Ethereum and Solana Lead the Way appeared first on Cryptonews
Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion
15.5.2024
Raoul Pal, a well-known financial sector figure, predicts a significant expansion of the cryptocurrency market, forecasting its market capitalization could reach $100 trillion due to global liquidity trends and technology adoption. His analysis is underpinned by observations of the global liquidity...
GameStop tops Bitcoin's yearly gains in one day — Will GME spark an altcoin rally?
14.5.2024
Mirroring the 2021 cycle, the profits from GameStop could spill into altcoins, catalyzing the start of the 2024 altcoin season. Could history repeat itself?
Polygon exec: Tokenized funds set to disrupt stable coin market
14.5.2024
With the proliferation of Blockchain technology among major financial institutions around the globe, token financial products may mark the return of the vintage financial scene. This trend may disrupt and pose a challenge to the long-standing dominance of stablecoins in this domain. According...
Spencer Farrar, Partner at Theory Ventures, on Web3 Venture Capital, Funding, and Strategy | Ep. 334
14.5.2024
Spencer Farrar, a Partner at Theory Ventures, discusses the recent difficulty of raising capital, how the Theory team managed it, the necessity for projects to have an edge that makes them unique and attractive to investors, the importance of thorough research and understanding the market, and...
Unofficial GameStop memecoin surpasses $100M in market cap
14.5.2024
The Solana memecoin has soared more than 2,000% in the past week following the surge in GameStop's stock
Pre-launch token trading 20 times more volatile than post-launch trading: Keyrock
14.5.2024
Pre-launch volatility underscores the critical role of liquidity in stabilizing markets, according to the report
Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum
14.5.2024
The onchain analytics firm Glassnode has released a new report detailing the contrasting performance of bitcoin and ethereum during the 2023-24 cycle. The report highlights bitcoin’s resilience and ethereum’s comparative lag in speculative interest and price performance....
Spot Bitcoin ETF sees first inflow in five weeks amid market shift
14.5.2024
There is a notable shift in the market, with Spot Bitcoin ETF banking an inflow for the first time in five weeks. There was a trend of outflow for 4 consecutive weeks, but that has been broken with the inflow of $130 million in total. This pertains to the US Spot Bitcoin ETF offering with …
Bitcoin Price Prediction as Two Mysterious Whales Start Transferring Funds After 10 Years – What’s Going On?
14.5.2024
Two dormant Bitcoin wallets moved 1,000 BTC, worth $60.9 million, raising speculation about market impacts and future Bitcoin price predictions.
The post Bitcoin Price Prediction as Two Mysterious Whales Start Transferring Funds After 10 Years – What’s Going On? appeared first on Cryptonews
Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market
14.5.2024
Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week
Exploring the realm of crypto whales: How do they impact the market?
14.5.2024
The crypto whale is a term used to define the set of people in the cryptocurrency ecosystem who are known to be making large transactions in the industry, affecting each crypto’s market prices. Since their transactions are huge and have a tremendous impact on the market, these people...
Steven Nerayoff Calls out Joseph Lubin for Damaging Crypto Market
13.5.2024
Steven Nerayoff, a former adviser to the Ethereum network, has publicly denounced Joseph Lubin, co-founder of the Ethereum Project and the founder of Consensys, and other “bad actors” for their detrimental actions in the cryptocurrency market. In a tweet, Nerayoff clarifies that his dispute is...
Bitcoin price shows strength as investors anticipate return of money printing
13.5.2024
Bitcoin rallies as central bank stimulus packages become more common, and the Fed’s signal of “higher for longer” interest rates aligns with investors’ market view
Polkadot faces market challenges: Investor concerns rise
13.5.2024
Polkadot (DOT), one of the leading blockchain platforms known for its interoperability and scalability features, has recently encountered challenges that have raised concerns among investors and enthusiasts. A combination of factors, including market volatility, network congestion, and regulatory...
Roaring Kitty Returns: Solana Meme Coin Skyrockets, Another Dog-Coin Primed to Explode Next?
13.5.2024
Roaring Kitty, the pseudonym of the trader who gained fame for his role in the GameStop short squeeze of 2021, is back, and so is the rise in GME’s stock price. As if revisiting the start of 2021, markets have turned bullish with the return of this retail investor icon. Responding swiftly...
Bitcoin bottomed at $56K? BTC price chart hints at breakout within days
13.5.2024
Adding to the bullish technical formation, Bitcoin's distribution 'danger zone' has officially ended, according to popular analyst Rekt Capital
This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls
13.5.2024
On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses. Crypto...
Wolverine-Themed Meme Coins Flood Market Following RoaringKitty's Cryptic Post
13.5.2024
A series of Wolverine-related meme coins has been minted on several networks after RoaringKitty, the personality behind the Gamestop meme stock frenzy, posted a video of the X-Men character on X