Analyst Jason Pizzino thinks altcoins could outshine Bitcoin (BTC) this year as the crypto markets anticipate two potential bullish catalysts. In a new YouTube video, Pizzino tells his 307,000 subscribers that two massive events for the crypto space are coming up this year: the Bitcoin halving and the US presidential election. Pizzino thinks the halving, …
Monthly archives: January 2024
Client Diversity: Coinbase Under Fire As Crypto Users Fear Future Geth Glitch
A series of recent incidents has renewed focus on what some experts call Ethereum’s “client diversity problem.” While the network itself stayed resilient through back-to-back outages caused by bugs in minority clients like Nethermind and Besu, there are growing concerns that overreliance on dominant client Geth poses a lurking threat. TLDR Coinbase relies entirely on …
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Bitcoin Setting Up for Price Explosion if Pattern Plays Out, According to Glassnode Founders – Here’s Their Target
The co-founders of the crypto analytics firm Glassnode think Bitcoin (BTC) could be primed for a parabolic rise if the top digital asset repeats a particular pattern. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, draw attention to the quote “History doesn’t repeat itself, but …
SEC Says Multi-Factor Authentication Was Disabled For Its X Account Until After Fake Spot Bitcoin ETF Approval Post
The U.S. Securities and Exchange Commission (SEC) said on Monday that multi-factor authentication (MFA) had been disabled in the run-up to a fake post that […] Go to Source
Celsius Not Helping Either: Dumps $125m in ETH Holdings
Embattled crypto lending platform Celsius Network sold over $125 million of its Ethereum (ETH) reserves in the first two weeks of January, hoping to repay creditors as part of ongoing bankruptcy proceedings. This massive ETH dump, alongside record high levels of staked Ethereum redemptions over $1.6 billion in the same period, has piled selling pressure …
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Could Binance be on the verge of taking back its lead from CME in futures markets?
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Bitcoin falls 20% from YTH high with further 5% daily drawdown in cascading liquidation event
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Bitcoin tumbles under $39,000 triggering $115M liquidation in 1 hour
Bitcoin’s (BTC) dip below the $39,000 mark resulted in significant liquidations totaling approximately $115 million across the cryptocurrency market during the past hour. Red market In the last 24 hours, BTC experienced a 4% decline, trading at $38,915 as of press time, according to data from CryptoSlate. This downturn reduced its market capitalization by around …
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BlackRock ETF inflows hit $272 million as Grayscale records massive Bitcoin outflow
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Here’s When Bitcoin ETFs Could Drive BTC Price to Greater Heights, According to Macro Guru Lyn Alden
Macroeconomist Lyn Alden believes that Bitcoin (BTC) exchange-traded funds (ETFs) will not have an immediate impact on the price of the crypto king. In a new interview on the Blue Collar Bitcoin YouTube channel, Alden says that Bitcoin ETFs will likely not serve as a key catalyst for a bull market but they could attract …
Why is so much old and hodled Bitcoin on the move but UTXOs and exchanges remain unaffected?
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Tornado Cash developers to receive funding from new legal defense DAO
An activist group launched a legal defense fund for accused Tornado Cash developers Alexey Pertsev and Roman Storm on Jan. 22. Roman Storm endorsed the fundraiser, stating: “2024 is the year that will define the rest of my life. Honestly, I’m scared. But also hopeful that this community cares with a passion. Please donate towards …
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Sui Foundation and Mysten Labs Debut Sui Basecamp, the First-Ever Global Conference for Sui
January 23, 2024 – Palo Alto, United States Inaugural Sui ecosystem event comes to Paris on April 10-11, 2024. Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the layer one blockchain and smart contract …
World’s Largest Bank To Pay $32,400,000 for Violating Bank Secrecy Act, Backdating Documents and Exposing Confidential Information
The Federal Reserve and New York Department of Financial Services (DFS) just announced a multi million-dollar settlement with a Beijing-based banking giant. The US agencies say the Industrial and Commercial Bank of China (ICBC) will pay a total of $32.4 million for failing to follow the Bank Secrecy Act and Anti-Money Laundering laws, neglecting to …
Trader Says One Large-Cap Crypto Looks Way Stronger Than Others, Predicts Correction for Solana and One DeFi Altcoin
A widely followed crypto analyst says that one top-10 altcoin looks stronger than the competition while predicting corrections for the smart contract platform Solana (SOL) and one decentralized finance (DeFi) token. Pseudonymous crypto strategist Altcoin Sherpa tells his 205,800 followers on the social media platform X that he thinks BNB, the native asset of the …