Hackers drained cryptocurrency exchange Poloniex's hot wallets, resulting in an estimated loss of approximately $114 million, with multiple wallets across various blockchains targeted in the attack.
Chainlink's price rally retraced from its yearly peak of $16 on Nov. 9, but on-chain metrics suggest that most LINK holders are still positioned for a prolonged price rally, indicating a potential buying opportunity.
Galaxy Digital CEO Mike Novogratz believes that the approval of Bitcoin spot exchange-traded funds (ETFs) is inevitable and will drive institutional adoption of cryptocurrencies in 2024.
Staking tokens like Lido Finance's LDO and RocketPool's native token are experiencing significant price surges, driven by recent news of BlackRock filing for an Ethereum ETF, which has also propelled Ethereum's price above $2,000 for the first time since July.
Bitcoin could potentially reach its all-time high of over $69,000 by mid-2024, experiencing a sharp rally and volatility as it enters an "acceleration phase," according to traders.
Bitcoin and altcoins have been rising in October and November, and smaller altcoins like PENDLE, BNT, and RDNT are showing bullish formations that could lead to significant gains, with PENDLE reaching its highest-ever weekly close, BNT breaking out from long-term resistance, and RDNT clearing long-term resistance as well.
Cryptocurrency exchange Binance is ending its operations in Russia, with the withdrawal of Russian rubles set to cease on January 31, 2024, and users advised to transfer their funds to the newly acquired crypto exchange, CommEX.
MicroStrategy's bitcoin holdings have achieved unrealized gains of over $1.1 billion, surpassing their cumulative investment, as the price of bitcoin reaches $37,000 for the first time since May 2022.
Bitcoin is poised to attract a significant amount of institutional capital as it awaits the approval of a United States exchange-traded fund (ETF), while Ethereum may also benefit from the launch of an ETF for Ether.
Just under 50 national governments, including all 38 member states of the OECD, have pledged to implement the Crypto-Asset Reporting Framework (CARF) to exchange information on cryptocurrency transactions between tax authorities, with exchange agreements expected to be activated by 2027.
The largest memecoin, Dogecoin, is predicted to rally by up to 162% in late 2023, according to analyst Kaleo, who also suggests a potential rally of around 1,900% against Bitcoin in 2024 after potentially bottoming out in April.
Heightened demand for block space on the Ethereum network has caused transaction fees to spike, reaching levels last seen in 2022, making trading swaps more expensive for ether users, while on-chain activity has remained tepid, suggesting a lag in on-chain activity compared to price action.
The regulated Chicago Mercantile Exchange (CME) has surpassed Binance as the largest bitcoin futures exchange, highlighting the growing demand from institutional investors to trade the cryptocurrency.
A recent increase in transaction fees on Ethereum and Bitcoin has sparked debate over scalability and the use of layer 2 solutions, prompting proponents of other blockchains like Solana to highlight their cheaper transaction costs. Critics argue that a modular blockchain design, as seen in Solana, may be a better approach to solve scalability issues, while others advocate for monolithic blockchain architectures.
SafeMoon CEO Braden John Karony's bail release order has been put on hold by US federal prosecutors, citing flight risk and potential danger to the community due to his access to funds and overseas connections.
The European Parliament has approved the Data Act, which includes a requirement for smart contracts to be able to be terminated, but it still requires approval from the European Council to become law.
The former head of legal and compliance at OneCoin, a $4 billion crypto scheme, has pleaded guilty to wire fraud and money laundering charges, potentially facing up to 10 years in prison.
Polygon (MATIC) is predicted to enter a significant uptrend against Bitcoin (MATIC/BTC) and potentially increase by around 200% from its current value, according to trader Dave the Wave, who has a track record of accurate calls.
Crypto lender Celsius Network has received approval from a U.S. bankruptcy court for a restructuring plan that will return cryptocurrency to customers and create a new company managed by Celsius creditors, including hedge fund Arrington Capital, with a focus on bitcoin mining and earning staking fees.
XRP price is down nearly 5% as Ripple vs. SEC document fails to indicate the likelihood of a settlement, while both parties are still engaged in the litigation process.
The latest episode of The Simpsons humorously highlights the decline of the NFT craze, as Homer Simpson turns himself into an NFT only to find out that the trend is over; analysis shows that the NFT market has significantly declined, with trading volume falling by 89% from the beginning of 2022 to now, leaving many investors and artists experiencing losses, although there are still some buyers who see potential in the market and believe in its future recovery.
Free-to-play mobile games and apps offer small bounties of Bitcoin for playing levels and watching ads, providing an enjoyable way to earn BTC.
Metagraphs revolutionize business transparency by connecting data sources to an immutable ledger and tying incentives to key business metrics, creating operational accountability and enabling community participation.
Bitcoin price experienced a volatile day, surging above $38,400 and wiping out $1.56 million worth of shorts, but later crashed almost 5% lower, liquidating up to $17 million worth of long positions and wiping out approximately $1 billion in open interest.
BlackRock's plan to file for an ETH-based exchange-traded fund (ETF) caused ETH to surge 10% to almost $2,100, while BTC rose 3%; however, most altcoins experienced declines as rotation to smaller tokens halted amid the strength of ETH and BTC.
Bitcoin and Ether prices rose as the Securities and Exchange Commission potentially prepares to approve spot bitcoin ETF applications and BlackRock takes steps towards an ether ETF, which could drive institutional adoption and increase demand for digital assets.
Reddit users have until the end of the week to convert their r/CryptoCurrency Moons (MOON) tokens into crypto or cash, as Reddit is winding down its crypto reward scheme.
Venture capital firm Lightspeed Faction has launched a $285 million fund to invest in seed and Series A rounds for promising blockchain projects, aiming to support early-stage startups and provide capital as they scale.
The global supply of Ethereum has decreased by 4,700 ETH, or about $9.5 million, indicating a deflationary period for the cryptocurrency and halting its recent inflationary spiral, possibly due to increased network activity from altcoins.
Bitcoin (BTC-USD) rose after reports that the Securities and Exchange Commission is in talks with Grayscale about a spot bitcoin ETF, while Tesla (TSLA) shares dropped as HSBC initiated coverage with a "Reduce" rating due to risks associated with Elon Musk and long-term bets, and Tapestry (TPR) reported mixed Q1 results due to a tough consumer demand environment in North America.
Bitcoin's recent surge in value is attributed to factors such as uncertainty around global inflation, the upcoming 2024 halving event, and Grayscale Investments' victory in court over the SEC's denial of a Bitcoin ETF, making it one of the best-performing assets this year. Furthermore, investors have an opportunity for arbitrage with Grayscale's Bitcoin Trust, which currently trades at a 13% discount to Bitcoin but is likely to be erased once it converts to an ETF.
MicroStrategy stock has surged 246% in 2023, and its founder, Michael Saylor, credits the company's success to bitcoin, as he believes it helps them compete with major tech giants like Apple and Microsoft; he also predicts that the approval of bitcoin spot ETFs and the halving event in 2024 will further drive up the price of the cryptocurrency.
The bankruptcy plan of Celsius has been approved, allowing customers to receive some fund reimbursements and become shareholders in the reorganized company, NewCo, which will also distribute around $2 billion in Bitcoin and Ether to creditors; however, the confirmation order does not indicate whether CEL Tokens or the Earn Program are considered securities by the court.
A bot called Sophon has re-emerged on the Bitcoin blockchain, thwarting the creation of new BRC-20 tokens by frontrunning their ticker names through higher fees and setting their total supply to one. The bot, which was activated on October 3 but recently turned off, successfully derailed the deployment of around 275 BRC-20s with a 75% success rate. However, the creator is considering publicly releasing the bot in order to prevent any potential vulnerabilities in the system.
Courtyard, a collectible card vaulting platform, is giving away hundreds of mystery card packs containing tokenized Pokémon cards as NFTs, with digital cards that can also be redeemed for their physical versions.
The recent price swings in bitcoin and ethereum resulted in over $400 million of open trades being liquidated, marking the highest amount since the August crash and reflecting the volatility of the cryptocurrency market.
Bitcoin experienced a rapid surge surpassing key psychological levels, reaching an intra-day peak of $37,972 before plummeting to the $35,700 level due to a subsequent long squeeze, resulting in the liquidation of up to $17 million in long positions and erasing approximately $1 billion in open interest within hours.
Cryptocurrency startup LootRush is launching an NFT rental marketplace that allows gamers to rent or borrow game NFTs for various durations, similar to renting movies from Blockbuster, with support for over 1,000 blockchain games and the option to rent without cryptocurrency using credit cards through Stripe integration.
Bitcoin reaches its highest price in over 18 months, approaching $38,000, driven by optimism around a spot Bitcoin ETF approval and a potential Ethereum ETF filing by BlackRock, while other cryptocurrencies also surge in value.
BlackRock has registered an Ethereum trust in Delaware, potentially signaling their intention to file for an Ether spot exchange-traded fund (ETF) with the SEC.
Bitcoin surged to its highest level since May 2022, reaching $37,960, as hopes for the approval of a bitcoin exchange-traded fund (ETF) grew, with analysts predicting a 90% chance of approval by January 10.
Ethereum (ETH) has surged past $2,000 for the first time in four months, with a jump of 8% in the past 24 hours, driven by increased investor interest and the possibility of a spot Bitcoin exchange-traded fund (ETF) being approved by the U.S. Securities and Exchange Commission (SEC).
Polygon (MATIC) has experienced a significant increase in transaction count and open interest, indicating growing investor interest and confidence, which could drive up the price and potentially lead to a reclamation of the $1 mark.
The European Parliament approved a Data Act that includes a controversial clause that could deem most smart contracts illegal, with the legislation now awaiting formal approval from the European Council.
The native token of the Chainlink ecosystem, LINK, has experienced significant gains, increasing over 40% in the past seven days and more than 175% since January, attributed to Bitcoin's recent surge as well as the company's partnerships with traditional financial firms such as Swift and ANZ.
The Proof of Stake Alliance (POSA) has updated its staking principles to emphasize clear communication, user control over staked assets, and the absence of liquidity control by providers, in response to regulatory concerns in the crypto staking industry.
JPMorgan analysts believe that the recent rally in cryptocurrencies is overdone, as the introduction of bitcoin spot ETFs in the US is unlikely to attract fresh capital and the upcoming bitcoin halving event is already factored into the current price.
Bitcoin and other cryptocurrencies have reached fresh 18-month highs, fueled by recent momentum and several factors that support the possibility of continued gains.
Bitcoin surpassed $37,000 per coin for the first time in 18 months, driven by optimism around the potential approval of a spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC).
Bitcoin reached its highest price in 2023, hovering near $37,200 and gaining 4.5% in 24 hours, as optimism builds around a spot bitcoin ETF and a short squeeze occurred in early trading.