Monthly archives: December 2023

Remittances-focused crypto project Telcoin (TEL) is offering an update after a cybersecurity breach that resulted in the loss of funds. The remittances crypto project says that it is “aware of the situation with the Telcoin App” and has consequently “frozen use of the app.” According to cybersecurity firm PeckShield, Telcoin suffered an exploit that resulted …

Continue reading “Telcoin Temporarily Freezes Use of Decentralized Remittance App Following $1,300,000 Exploit”

Hedge funds in the crypto space are reportedly gearing up for what some think could be a positive year for digital assets markets. After surviving a deep bear market in 2022, firms like Pantera Capital, run by crypto veteran Dan Morehead, are expecting altcoins to start outperforming Bitcoin (BTC) as the market cycle evolves, Bloomberg …

Continue reading “Crypto Hedge Funds Bracing for Bullish 2024 and Potetial ‘Token Mania’: Report”

Bitcoin (BTC) exchange-traded funds (ETFs) currently only represent a small fraction of the top crypto asset’s supply, according to a CoinGecko researcher. In a new analysis, Lim Yu Qian notes that Bitcoin ETFs hold a total of roughly 793,034 BTC, which represents only 3.4% of BTC’s total maximum supply. That number includes Grayscale Bitcoin Trust …

Continue reading “TradFi To Have ‘Outsized Influence’ Over Bitcoin? ETFs Currently Hold 3.8% of BTC Maximum Supply: CoinGecko”

December 27, 2023 – Singapore, Singapore The leading SocialFi platform, RepubliK, is thrilled to announce its partnership with Fireblocks. RepubliK is the first social media platform to integrate with Fireblocks – an institutional-grade digital asset management platform known for supporting the digital infrastructure of clients such as ANZ, BNY Mellon, ABN Ambro and many more …

Continue reading “RepubliK Integrates Fireblocks To Enhance Web 3.0 Security in Social Media”

A popular crypto trader thinks the altcoin market cap could be primed to move higher. The pseudonymous analyst known as Rekt Capital shares a chart with his 379,200 followers on the social media platform X that examines the market cap of all crypto projects excluding the top 10 assets. The trader notes that altcoin market …

Continue reading “Trader Says Altcoin Market Cap Could Move Higher After Flashing This Signal, Updates Outlook on Cardano and Near”

The stablecoin issuer Tether has minted $8 billion worth of USDT on Ethereum (ETH) and Tron (TRX) in the past three months, according to the crypto tracker Lookonchain. Lookonchain notes the Tether treasury just minted $1 billion in USDT on Ethereum on Monday. Source: Lookonchain / X Tether CEO Paolo Ardoino says the recent minting …

Continue reading “Tether Mints $8,000,000,000 in USDT on Ethereum (ETH) and Tron (TRX) Within Three Months: On-Chain Data”

A trader who accurately called the bottom of Bitcoin’s (BTC) 2018 bear market thinks that the uptrend of one Ethereum (ETH) challenger that has massively outperformed the broader crypto markets this year is far from over. Pseudonymous analyst Bluntz tells his 233,400 followers on the social media platform X that the people who are calling …

Continue reading “Top Analyst Unveils Massive Price Target for Surging Ethereum Rival, Calls Altcoin This Cycle’s Darling Chain”

1. Bitcoin’s Price Could Surpass $80,000 Though it is impossible to predict market prices with certainty, some high-standing industry members have made predictions. Bitwise anticipates that Bitcoin (BTC) will surpass its previous all-time high of $69,044, last seen in 2021, to reach $80,000. Bitwise based its prediction on multiple factors. First, the company noted that a …

Continue reading “Cryptocurrency Trends in 2024: Five Predictions for the Coming Year”