Monthly archives: September 2023

Analytics firm Santiment finds that crypto whales managed to purchase Bitcoin (BTC) in the day leading up to Grayscale’s court victory over the U.S. Securities and Exchange Commission (SEC). Santiment suggests certain whale and shark addresses “may have known a thing or two” about Grayscale’s legal win before it was announced, noting that wallets holding …

Continue reading “Crypto Whales and Sharks May Have Front-Run Grayscale’s Victory Over SEC: Santiment Data”

Base, an Ethereum layer 2 (L2) network developed by prominent cryptocurrency exchange Coinbase, has seen its total value locked (TVL) soar to new heights on Friday, August 31. This surge was triggered by the recent launch and growing hype around the decentralized exchange (DEX) platform Aerodrome. Total Value Locked on Base Reach $333 Million The …

Continue reading “Base TVL Surges By 76% Amidst New DeFi Protocol Hype”

As the price of Bitcoin and the general crypto market has rallied, leading to a much-needed increase in price, Bitcoin Cash (BCH) investors are once again on a profitable path. The majority of investors are now in the green following its double-digit surge in the last week. But now the question posed is, will the …

Continue reading “Bitcoin Cash Traders Move Into Profit, But Can The Rally Continue?”

In a recent legal win for Grayscale against the US Securities and Exchange Commission (SEC), Bitcoin (BTC) soared to $27,000. However, the bullish sentiment seems to have waned as the cryptocurrency has retraced to $26,000.  QCP Capital, a cryptocurrency analysis firm, has provided valuable insights into the implications of this ruling and the overall market …

Continue reading “Bitcoin Unveiled Trail: Q4 Tumble, ETF Battles, Mt. Gox Drama, And Economic Shivers Await”

In his recent interview, Mike McGlone, Bloomberg Intelligence’s Senior Commodity Strategist, predicted Bitcoin’s potential fall amid the ongoing market downturn. However, it wasn’t all gloom from the seasoned analyst, as he also touched upon the longer-term prospects of the flagship cryptocurrency. Will Bitcoin Touch $8,000? It is worth noting that Bitcoin has undergone a fair share of price …

Continue reading “Bitcoin Rollercoaster: Analyst Forecasts $8,000 Dip Before Skyrocketing To $200,000”

On-chain data shows that Ethereum traders are capitulating following the slowdown of the rally, something that may turn out to be positive. Ethereum Traders Are Selling At A Loss Right Now According to data from the on-chain analytics firm Santiment, ETH investors are getting increasingly frustrated as they are now participating in significant loss-taking. The …

Continue reading “Ethereum Traders Capitulate As Rally Slows Down: Why This Is Good”

The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain. News Join us on social networks Cryptoasset businesses in the United Kingdom could now begin withholding certain crypto transfers to comply with the new Travel Rule for crypto that came into effect …

Continue reading “UK’s Travel Rule comes into effect, could halt certain crypto transfers”

The price of BTC rose sharply and fell almost as fast over the past three days amid two recent events impacting pending applications for spot Bitcoin ETFs. News Join us on social networks In less than a day, Bitcoin (BTC) has shed nearly all the gains it made from Grayscale Investment’s court victory against the …

Continue reading “Bitcoin traders wipe Grayscale gains after SEC delays spot ETF decisions”

A mysterious Shiba Inu (SHIB) whale is suddenly moving trillions of the memecoin after its developers brought the project’s layer-2 scaling solution Shibarium back online. New data from whale-surveying platform Whale Alert reveals that an anonymous deep-pocketed SHIB investor abruptly shifted a staggering 4,642,530,677,374 tokens, worth about $38 million, from one unknown wallet to another …

Continue reading “Mysterious Shiba Inu Whale Abruptly Moves 4,642,530,677,374 SHIB – Here’s Where the Crypto’s Headed”

Crypto exchange OKX is revealing a combined $10.4 billion worth of Bitcoin (BTC), Ethereum (ETH) and the stablecoin Tether (USDT) in the platform’s reserves. According to OKX chief marketing officer Haider Rafique, the platform is committed to releasing monthly digital asset proof of reserves audits. He also says customers are able to see at any …

Continue reading “Crypto Exchange OKX Reveals $10,400,000,000 in Bitcoin (BTC), Ethereum (ETH) and USDT Reserves”

A widely followed crypto trader is extending his congratulations to other traders for surviving the longest bear market cycle ever, so far. Crypto analyst Michaël van de Poppe tells his 665,800 followers on the social media platform X that he expects a big payoff for “hodling”, or “holding on for dear life”, sometime in the next …

Continue reading “Crypto Analyst Congratulates Traders on Surviving the ‘Longest’ Bitcoin Bear Market, Explores BTC’s Next Steps”

The U.S. Securities and Exchange Commission (SEC) is seeking the court’s approval to submit confidential documents related to the regulator’s lawsuit against the crypto exchange Binance. On Monday, the SEC filed a sealed motion for leave to file documents under seal. If granted, the agency will be allowed to file sensitive or confidential information with …

Continue reading “SEC Files ‘Secret’ Sealed Motion in Court Battle Against Top Crypto Exchange Binance”

Our weekly roundup of news from East Asia curates the industry’s most important developments. Thailand’s crypto UBI Thailand has a national airdrop in the works under which every citizen 16 years and older would receive 10,000 baht ($285). According to local news reports on Aug. 30, Thailand’s ruling Pheu Thai party will consult the Bank …

Continue reading “Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express”