Monthly archives: June 2023

Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react. News Join us on social networks Bitcoin (BTC) miners are sending record amounts of BTC to centralized crypto exchanges. In a June 27 tweet, on-chain analytics platform Glassnode reported an all-time high in Bitcoin miner …

Continue reading “Bitcoin miners send record $128M in revenue to exchanges”

A foundation created by billionaire Peter G. Peterson says rising interest rates will push the US government’s interest payments to over half a trillion dollars this year. According to a recent Peterson Foundation report, the US government will make $6.4 trillion in total payments this year, $81 billion higher than the federal outlays recorded last …

Continue reading “US Will Pay $660,000,000,000 in Interest on National Debt This Year, Says Fiscal Sustainability Nonprofit”

A widely followed crypto trader thinks Litecoin (LTC), Cosmos (ATOM) and the Sandbox (SAND) are all gearing up for moves to the upside. The pseudonymous analyst Rekt Capital tells his 347,200 Twitter followers that the peer-to-peer payments network Litecoin is setting itself up for a new price phase. According to the trader, Litecoin could soon …

Continue reading “Trader Predicts Surges for Litecoin (LTC), Cosmos (ATOM) and The Sandbox (SAND) – Here Are His Targets”

Sui was accused of dumping locked and non-circulating staked SUI tokens on Binance. News Join us on social networks Sui Foundation — the team behind the Sui network and its native SUI token — has denied allegations that the firm unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance . The Foundation knocked back the …

Continue reading “Sui Foundation denies it sold locked staking rewards on Binance”

The lawsuit claims Daniel Friedberg made a series of payments to whistleblowers to stop them from exposing the “true fraudulent nature” of the exchange. News Join us on social networks FTX has filed a lawsuit against a former regulatory and compliance executive at the exchange, alleging he made a series of payments in attempts to …

Continue reading “FTX sues Dan Friedberg alleging he used ‘hush money’ to silence whistleblowers”

Multiple buyers were reportedly eyeing up FTX’s stake in the AI firm that was being sold off to recover funds for creditors. News Join us on social networks The sale of FTX’s $500 million stake in artificial intelligence startup Anthropic has reportedly been put on hold, adding a potential delay to the bankrupt crypto exchange’s …

Continue reading “FTX suspends $500M sale of stake in AI firm Anthropic: Report”

According to Google Trends data, interest in Bitcoin is heading to historic lows as of June 27. In a screenshot shared by a Twitter user, organic searches related to “Bitcoin” have dropped in the last six months.  Google Trends is a free tool that tracks how people search for specific terms or phrases on Google, …

Continue reading “Global Interest In Bitcoin Is Fast-Falling, What’s Happening?”

There is no disputing that cryptocurrencies are now widely accepted. Cryptocurrencies are now firmly part of the global conversation; whether it be investors trading crypto, businesses accepting it as a mode of payment, or just reports about the latest surge or crash in the crypto market. And now, according to a new ConsenSys survey, an …

Continue reading “Nigeria Leads The Pack: ConsenSys Study Shows Crypto Recognition At 92% Globally”

A reptilian technical signal is back in Bitcoin, and it has started to feast upon a new uptrend, according to how the tool works. Take a closer look below at the one-week BTCUSD Williams Alligator, and learn more about what it says about the king of the cryptocurrency market. Bye Crypto Bear Market. See You …

Continue reading “Bitcoin Starts To Bite Back Says Reptilian Technical Signal”

The Nevada Department of Business and Industry’s Financial Institutions Division (FID) has taken action against Prime Trust, LLC. This US-based financial institution specializes in custody and settlement services for digital assets.  The FID has alleged that Prime Trust has violated Nevada regulations and has a shortfall in customer funds, which has deteriorated to a critically …

Continue reading “Nevada FID Files Petition To Take Control Of Troubled Prime Trust”

In the continually evolving world of cryptocurrencies, market resilience often proves a key determiner of long-term value and growth. Benjamin Cowen, CEO and founder of ITC Crypto, recently underscored this premise and spotlighted Cardano (ADA) for its performance amid the prevailing crypto bear market. Related Reading: Cardano Poised For Consolidation In This Price Zone Prior …

Continue reading “Cardano (ADA) Is Outperforming Previous Bear Cycle, Reveals ITC Crypto CEO”

Liquidators are reportedly seeking to recover more than a billion dollars from the co-founders of bankrupt crypto hedge fund Three Arrows Capital (3AC). According to a new Bloomberg report, 3AC co-founders Su Zhu and Kyle Davies racked up some $1.3 billion in losses before the hedge fund collapsed, the sum which the liquidators are now …

Continue reading “Bankrupt Crypto Hedge Fund Three Arrows Capital Pursued by Liquidators for $1,300,000,000: Report”