After FTX shock, Bitcoin holders brace for the long haul with record dormancy

Quick Take Over 70% of the existing Bitcoin supply has remained unmoved for a year, marking a significant rise. This uptick is primarily attributed to the wave of buyers who emerged after the FTX collapse in November last year when Bitcoin fell to $15,500. дальше »

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DeFi gathering momentum, Ethereum Gas Fees Rising: Why Is Uniswap (UNI) Stuck?

Decentralized finance (DeFi) activity on Ethereum is picking up momentum based mainly on how gas fees have been trending in the first three weeks of November, data from Kaiko shows. Even so, despite Uniswap (UNI) spearheading the revival, looking at the gas attributed to its activities over this period, UNI prices remain stagnant below $5. дальше »

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CredixFinance (CREDIX) plunges 100% after Rug Pull

CREDIX token value has plunged by 100%. The price drop is attributed to a Rug Pull as reported PeckShieldAlert. The rug pull involved a wallet address that executed a swap transaction. In a recent turn of events, the cryptocurrency CredixFinance (CREDIX) has experienced a staggering 100% decline, leaving investors and the crypto community in disbelief. дальше »

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Bitcoin outstrips Ethereum in daily transaction fees for first time since 2020

Quick Take Bitcoin transaction fees have eclipsed Ethereum’s on a single-day basis, reaching a notable $11. 6 million, a feat not seen since late 2020, according to Cryptofees. This surprising surge is attributed to an increasing inscription frenzy. дальше »

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Crypto investment products see surge amid ETF proposals

CoinShares reports a $293 million surge in crypto investments, hitting $1.14 billion. The rise is attributed to the potential listing of a spot-based Bitcoin ETF. Looking at the last two weeks, the European crypto asset manager suggests this is a… дальше »

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Moody’s Drops A Bombshell On The US Economy – Brace Yourself For Crypto Market Waves

Moody’s Investors Service recently made a pivotal move, lowering its ratings outlook on the United States government from stable to negative. This shift is rooted in the increasing risks to the nation’s fiscal strength, attributed to factors such as escalating interest rates and a lack of effective fiscal policy measures. дальше »

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Bitcoin miner Marathon Digital posts 670% surge in Q3 revenue

Bitcoin miner Marathon Digital Holdings has reported a substantial increase in revenue, marking a 670% rise year-on-year in the third quarter of 2023. This remarkable growth is attributed to a significant uptick in Bitcoin (BTC) production, which increased from 6.7… дальше »

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Why Did Bitcoin Price Soar To $36,800?

The Bitcoin price has seen a significant increase of more than 4% within the last 24 hours. The price has risen to $36,800. Several key factors have contributed to this rally. #1 Spot Bitcoin ETF Buzz The surge in BTC’s price can be attributed to renewed speculations about the potential approval of a spot Bitcoin exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC). дальше »

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Robinhood eyes European expansion amid Q3 revenue drop

Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform.

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SEC wants to hire crypto experts, but job candidates won’t sell their holdings

The U. S. Security and Exchange Commission (SEC) is facing challenges in recruiting cryptocurrency experts, a problem partly attributed to its own policies, as highlighted in a recent agency document. дальше »

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Solana dips as FTX transfers staked SOL to two top crypto exchanges

Solana (SOL) has dropped in the last 24 hours after a 15% surge over the past week. At press time, SOL was trading at $40.37 after a 3% drop in the last 24 hours. The price drop is attributed to the move by the FTX estate to transfer 750,000 staked SOL tokens valued at approximately […] дальше »

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FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts

The recent surge in FTX claims is attributed to its early investment in AI companies, which have jumped in valuation.

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FLOKI launches real-world asset tokenization platform TokenFi, token surges 29.01%

FLOKI token price has surged by 29. 01% surge in the last 24 hours. The price gain is attributed to the launch of TokenFi, a real-world asset tokenization platform. TokenFi empowers users to tokenize real-world assets without coding skills. дальше »

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Critic Slams SEC On Bitcoin ETF: Is The Agency Intimidated By BlackRock?

A critic on Reddit believes that the recent surge in Bitcoin prices, which broke above critical resistance levels registered in July 2023 and reached 2023 highs, may be partially attributed to the United States Securities and Exchange Commission’s (SEC) potential intimidation by BlackRock’s significant influence in Wall Street. дальше »

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Fetch.ai (FET) token up 35% in a week, here’s why

In a remarkable surge, Fetch. ai’s native cryptocurrency, FET, has seen a substantial 35% increase in its value over the past week. This meteoric rise is attributed to the success of the HackAI 2023-24 event and Fetch. дальше »

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Bitcoin price surge sparks bullish sentiment in Bitcoin-related stocks

Bitcoin’s recent price surge has sent shockwaves through the cryptocurrency market, and its impact is resonating strongly in stocks that are related to Bitcoin. The BTC price surge is attributed to news of iShares Spot Bitcoin Trust being listed on The Depository Trust & Clearing Corporation (DTCC). дальше »

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Cathie Wood's ARK Invest Sells 2% of Grayscale Bitcoin Trust Holdings as BTC Rallies

Bitcoin's momentum is attributed to anticipation of the U.S. Securities and Exchange Commission (SEC) finally approving a spot bitcoin ETF. дальше »

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Digital Assets On The Rise: 4th Consecutive Week Nets $66 Million

The digital assets markets experienced a consecutive fourth week of inflows from institutional investors. CoinShares data shows that a portion of the momentum observed can be attributed to an increasing expectation for the authorization of a spot Bitcoin Exchange-Traded Fund (ETF) in the United States. дальше »

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ARK's Cathie Wood expects multiple Bitcoin ETFs to be approved at once

Wood thinks recent actions of the SEC signaled a change in its attitude. This change in attitude can be attributed to the recent court judgement in the SEC vs Grayscale Investments case. ARKThe post ARK's Cathie Wood expects multiple Bitcoin ETFs to be approved at once appeared first on AMBCrypto. дальше »

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Large XRP Transactions Causes A Stir As Whale Exit Rumors Swell

Since the beginning of October, XRP has been extremely volatile, which can be attributed to the growing concern regarding the cryptocurrency’s future prospects.  This is further accelerated by a recent report by Whale Alerts which shows two whale-sized transactions involving XRP have recently made their way onto cryptocurrency exchanges, prompting investors to ponder the reasons […] дальше »

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Bancor (BNT) price surges over 50% on Upbit’s massive accumulation

In the midst of a relatively stagnant weekend for the cryptocurrency market, Bancor (BNT) has emerged as a standout performer, with its price surging by more than 50%. This remarkable price rally can be attributed to significant developments within the Bancor ecosystem and notable crypto whale accumulation. дальше »

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Bitcoin Expert Exposes Alleged ‘Web of Deception’ By Tron’s Justin Sun

In an in-depth analysis shared on X (formerly Twitter), Bitcoin expert Dylan LeClair has pulled back the curtain on a purported “web of deception” attributed to Justin Sun, Tron’s founder. LeClair’s detailed examination touches on several nuanced movements within the crypto-sphere, and the findings present potentially alarming implications for the broader ecosystem. Bitcoin Pundit Raises […] дальше »

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Polygon price prediction as Shiba Memu presale surges above $3.55M

Rising Polygon prices are attributed to adoption, utility, and partnerships. Polygon’s Q3 innovations boost its position in the crypto market. Shiba Memu’s presale success is driven by an autonomous marketing approach and AI technology. дальше »

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Digital asset products buck losing streak to record weekly inflows

Inflows were attributed to the recent market rally and macroeconomic catalysts from the U.S. Ethereum continued its slide while Solana emerged as the oasis of growth in the altcoin market AcThe post Digital asset products buck losing streak to record weekly inflows appeared first on AMBCrypto. дальше »

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Lazarus Group: hackers from country with no internet threaten defi

While not much is known about the Lazarus Group, researchers have attributed numerous cyber attacks to them over the past decade, as well as ties to Russia. дальше »

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$MATIC experiences price swings while $BCH, $ADA & $QUBE maintain market cheer

$MATIC has recently encountered price fluctuations, while Bitcoin Cash ($BCH) has distinguished itself with remarkable stability, attributed to its emphasis on swift and economical transactions. Cardano ($ADA) consistently radiates positivity amidst market oscillations and $QUBE serves as a symbol of resilience, fostering AI innovation amid market turbulence. дальше »

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Binance’s Bitcoin volume plummets after end of zero-commission trading

The drop in Bitcoin (BTC) activity on Binance, a cryptocurrency exchange, has been attributed to the removal of zero-commission trading in September дальше »

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Nigeria’s Crypto Adoption Continues To Surge Amid Economic Challenges: Report

Nigeria, Africa’s most populous nation, has witnessed a burgeoning interest in digital currencies. According to a report, Nigeria’s recent spike in crypto usage can be attributed to economic conditions and the nation’s youth-driven technological resurgence. дальше »

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Latin America At The Forefront Of Crypto Adoption in 2023

Cryptocurrency adoption in Latin America is on the rise, accounting for 9. 1% of the global crypto value received in 2022 and totaling $562 billion from July 2021 to June 2022. This massive surge can be partially attributed to regulatory developments and institutional adoption. дальше »

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CoinEx: North Korean Lazarus Group Reportedly Behind Crypto Exchange Hack

In a startling revelation, the North Korean hacker group, Lazarus Group, is reportedly behind the recent CoinEx crypto exchange hack. This revelation comes after cybersecurity firm SlowMist and renowned on-chain analyst ZachXBT connected the dots between the CoinEx exploit and previous hacking incidents attributed to the Lazarus Group. дальше »

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FTX Seeks Revival, But Traders Ask: Is FTX 2.0 a Trap or Worth the Risk

FTX was once hailed as a titan in the digital asset arena, although the question of whether it ever surpassed Binance in market influence remains debatable. The collapse of the exchange came as a shockwave in the crypto community, largely attributed to the actions of its then-CEO Sam Bankman-Fried, commonly referred to as SBF. дальше »

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Solana Rising Social Buzz, All You Need To Know

Solana, the blockchain platform that has been making waves in the crypto world, has seen a remarkable surge in social activity recently, up by a staggering 29. 3%. This heightened buzz can be attributed to several key factors that have captured the attention of the crypto community and beyond. дальше »

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Optimism offered incentives to coax users back to the protocol - Did it pay off?

Optimism's recent growth can be attributed to token incentives by various dApps on the protocol. Declining activity, falling TVL, and price volatility challenge Optimism's position in the L2 seThe post Optimism offered incentives to coax users back to the protocol - Did it pay off? appeared first on AMBCrypto. дальше »

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Ripple’s XRP Sees Super Bullish Whale Activity Amid Milestone Highs In Transaction Volume

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Bitcoin Cash (BCH) Records Surprising 15% Rally – What’s Behind It?

Bitcoin Cash (BCH) and several prominent altcoins are experiencing an upward trajectory in their trading prices, attributed to a recent report indicating a favorable ruling by the US federal appeals court. дальше »

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Digital asset investment products see massive $168M in outflows

Digital asset investment products recorded significant outflows totaling $168 million last week, marking its largest outflow since March, according to CoinShares’ latest weekly report. CoinShares analyst James Butterfill attributed the substantial deficit mainly to recent delays by the U. дальше »

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XDC Network (XDC) token jumps as US Treasury Yield (USTY) tokens debuts

The XDC Network (XDC) token price is skyrocketing after a slight dip between August 24 and August 28. Today’s XDC price surge is attributed to the launch of a tokenized US Treasury offering on XDC Network today. дальше »

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Bitcoin finds strong support at $26,000, while this new Bitcoin fork seeks huge interest from Solana holders

Bitcoin, the world’s largest cryptocurrency, has dropped further to hold at around $26,000 levels. This is the biggest drop since the FTX crash in November 2022. The downtrend in price could be attributed to the widespread token selling caused by the recent regulatory crackdown on cryptocurrencies. дальше »

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Shiba Inu Bulls On The Horizon? Substantial Selling Pressure Seen Dropping

The price action of Shiba Inu (SHIB) has encountered a significant compression, primarily attributed to substantial selling originating from a prominent institutional market participant. Data obtained from Lookonchain, a renowned on-chain analytics resource, has shed light on the ongoing selling spree by Voyager, a troubled asset manager currently navigating bankruptcy proceedings. дальше »

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Binance Connect to shut down effective Aug. 15

Binance Connect, formerly known as Bitfinity, will cease operations today. The announcement came from Biswap, a decentralized exchange platform on BNB Chain, via a tweet. Binance Connect’s discontinuation was attributed to its provider ending support for card payments. дальше »

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XRPL Ecosystem With Impressive Gains: Sidechain Success and Revenue Growth

According to a new report by crypto analytics company Messari, the XRPL ecosystem, underpinned by the XRP Ledger, has recently experienced tremendous growth and accomplishments. Despite sharing a slight decline in Q2, the circulating market cap of XRP has seen an impressive year-to-date (YTD) increase of 42. дальше »

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Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025

Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76. 7 million in its financial results for the quarter ending June 30, 2023. This result underscores Bitcoin miner resilience in an unpredictable market, with a significant part of its achievement attributed to a 27% increase in Bitcoin production, as opposed to the […] The post Riot spends just $8. дальше »

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Shiba Inu Investors Jubilate As Meme Coin Jumps 18% Ahead Of Shibarium Debut

Amidst a more extensive revival in the cryptocurrency market, the value of Shiba Inu has witnessed a significant upward trend today, giving investors of the meme coin a reason to be happy. The surge in its value can be attributed not only to the prevailing favorable feeling in the cryptocurrency industry, but also to a fundamental reason that is bolstering its worth. дальше »

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Bitcoin on the brink: Short-term holders tighten market grip as $30,000 threshold looms

Quick Take Bitcoin (BTC), despite its volatility, has remained under the $30,000 threshold, an intriguing scenario attributed to its short-term holders. This group is currently reaping substantial profits, thereby sustaining the sell pressure. дальше »

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Block reports a 34% increase in its second-quarter Bitcoin revenue

Block reports market-beating results for its fiscal second quarter. It attributed nearly half of its quarterly revenue to Bitcoin sales. Shares of the fintech still ended nearly 15% down on Friday. дальше »

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Bank Of Canada Study Shows Crypto Ownership In The Country Fell In The Last 2 Years

A recent study by the Bank of Canada (BoC) has shown a decline in the ownership of cryptocurrencies over the two years. The BoC has attributed this decline in crypto ownership to ecosystem collapses, regulatory hurdles, and price depreciation. дальше »

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KuCoin suspends Bitcoin, Litecoin mining amid shifting strategy and layoff rumors

According to an Aug. 2 statement, KuCoin plans to suspend its Bitcoin (BTC) and Litecoin (LTC) mining pools, effective from Aug. 15, until further notice. The exchange attributed its decision to its “evolving business strategy” and advised its mining pool users to transition their miners to alternatives before the deadline. дальше »

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Bitcoin whales in deep distribution mode as 15k BTC return to exchanges

Quick Take Over the past six days, a substantial sell-off in the Bitcoin market has been observed, attributed predominantly to Bitcoin whales. The red color on the below chart denotes transactions over $10M, indicating that these major holders are progressively liquidating their positions. дальше »

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I asked ChatGPT about NFT's state after the Azuki fiasco, its answer was somber

The latest NFT slump could be attributed to the Azuki Elementals fiasco, which has triggered a sharp drop in floor prices. The contagion engulfed other blue-chip NFT collections as well. WitThe post I asked ChatGPT about NFT's state after the Azuki fiasco, its answer was somber appeared first on AMBCrypto. дальше »

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Texas heatwave triggers downward spiral in Bitcoin mining operations

Quick Take Bitcoin difficulty has seen a downward adjustment of 3% today. Remarkably, this marks the ninth negative adjustment in difficulty over the last year. Impacts of Texas Heatwave on Hash Rate The recent negative trend in difficulty adjustments can be partly attributed to the intense summer heatwave experienced in Texas. дальше »

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