Monthly archives: February 2024

Jupiter airdrop propels Solana DEXs to outpace Ethereum in daily trading activity

Solana-based Jupiter airdrop has generated substantial excitement, driving decentralized exchange (DEX) trading activity on the layer1 blockchain network beyond that of Ethereum. Data from DeFillama shows that Solana-based DEXs facilitated trades totaling $1.14 billion in the last 24 hours, surpassing the approximately $1.13 billion traded on Ethereum-based platforms during the same period. This achievement underlines …

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Bitcoin’s STH Realized Price nears $40,000, signaling strong market momentum

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Short-term trading volume peaks as Bitcoin crosses $43,000

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Bankrupt FTX wants to sell $175 million claim against Genesis to aid creditor repayment

FTX bankruptcy estate intends to sell its $175 million general unsecured claim against the collapsed crypto lender Genesis, according to a Feb. 2 court filing. FTX proposed to divest these claims through public auctions or private transactions, either in entirety or in parts, with single or multiple purchasers. The generated funds would be used to …

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Binance Freezes $4.2 Million From Chris Larsen Hack, But Exchange CEO Richard Teng Still Irks Ripple With ”Ambiguous” Tweet

Binance froze $4.2 million worth of XRP from the $112 million hack on Ripple co-founder Chris Larsen’s personal wallet, but a tweeted comment from Binance CEO […] Go to Source

$10,000,000 To Be Handed Out With No Strings Attached As US Counties Prepare to Launch Guaranteed Income Program

Guaranteed income programs are sprouting across the US as two large counties prepare to give millions of dollars to people who are tight on funds. The nonprofit Inland SoCal United Way is teaming up with the California Department of Social Services in a new pilot program designed to give away $10 million to residents of San …

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Analyst Says Bitcoin Indicator Flashing Bullish Signal, Updates Outlook on Dogecoin

Analyst Ali Martinez says a key Bitcoin (BTC) indicator is now flashing green. Martinez tells his 42,900 followers on the social media platform X that Bitcoin’s Market Value to Realized Value (MVRV) indicator shows the price of the flagship crypto asset is likely to go up, if past is prologue. MVRV is the ratio of …

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Trader Updates Outlook on Altcoin That’s Exploded 2x in Two Weeks, Says One Catalyst Is Mega Bullish for Bitcoin

A widely followed crypto analyst and trader is offering his take on a decentralized machine-learning altcoin that’s jumped by triple digits in a fortnight. The analyst pseudonymously known as Altcoin Sherpa tells his 206,600 followers on the social media platform X that the Fibonacci retracement levels on the daily chart of Bittensor (TAO) are “holding …

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Bitcoin mining difficulty to see largest increase in a year

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DOJ charges trio in sim-swap scheme potentially linked to $400 million FTX crypto heist

The United States Department of Justice (DOJ) has taken legal action against three individuals—Robert Powell, Carter Rohn, and Emily Hernandez—for their involvement in a Sim-swapping scam in November 2022. The charges brought against them include fraud and identity theft. This case has raised eyebrows due to its potential connection to the 2022 FTX hack, where …

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Grayscale’s Bitcoin Trust marks lowest outflow since trading inception

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Bitcoin Primed To Rally Ahead of Halving, Predicts Crypto Analyst – But There’s a Catch

A popular crypto analyst is updating his outlook on Bitcoin (BTC) as a key event approaches. Pseudonymous crypto trader Rekt Capital tells his 53,700 YouTube subscribers that Bitcoin is likely going to repeat a 2016 pattern and rally heading into the mid-April BTC halving, when miners’ rewards are cut in half. However, the trader warns …

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Ripple Executive Chairman Chris Larsen Says Hacker Accessed His Personal XRP Accounts

A hacker has cracked Ripple’s co-founder and executive chairman Chris Larsen’s personal wallets, reportedly stealing more than $117 million worth of XRP. Larsen acknowledged the hack on the social media platform X. “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not Ripple) – we were quickly able to catch the …

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Whales and institutions lead the charge in Bitcoin’s exchange volume surge

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