Polygon’s Transfer Troubles: Is MATIC Facing A Trust Crisis?

Recently, the blockchain intelligence firm ChainArgos brought to light some unsettling findings about the Polygon network. According to ChainArgos, suspicious transaction patterns have emerged, raising questions about Polygon’s adherence to its initial token allocation plan. ChainArgos’ investigation revealed multiple transactions from Polygon’s network to various exchanges seemed “questionable.” Particularly, the firm pointed out “anomalies” in …

Bitcoin Price In Danger? This Terrible Story Could Happen Again

The Bitcoin price has been moving steadily at its current but failed to meet general expectations. Following the approval of the spot Bitcoin Exchange Traded Funds (ETFs), market participants were expecting potential scenarios. In these potential scenarios, Bitcoin pushed through critical resistance at $48,000 and continued making new highs, or the cryptocurrency retraced to $30,000. …

$245 Million Whale Wakes Up To Threaten XRP Price Recovery

A recent transaction by an XRP whale is currently threatening XRP’s price recovery. This particular address is known to have moved all their XRP holdings worth millions of dollars, a move that the XRP community fears could cause a downturn in the token’s price.  Whale Moves Over 443 Million XRP Data from blockchain tracker Whale …

Solana-Based Altcoin Rockets 22% in Hours After Coinbase Announces Official Listing

One Solana-based (SOL) altcoin is surging just after the top US crypto exchange platform Coinbase announced it would be officially listing it. Earlier this week, Coinbase announced that it would be supporting Hivemapper (HONEY), a decentralized global mapping network built over the Solana blockchain. “Hivemapper (HONEY) is now live on http://coinbase.com and in the Coinbase …

Bitcoin drops 3.5% to $41K as spot Bitcoin ETF hype fades, GBTC outflows continue

Bitcoin (BTC) saw noticeable losses on Jan. 18, one week after the first Bitcoin spot ETFs began to trade on various exchanges. BTC was worth $41,107 and reported a market cap of $805.8 billion at 9:50 p.m. UTC on Thursday. That decline marks a 3.5% loss over 24 hours. Bitcoin’s current price of $41,107 represents …

Roundhill introduces covered call Bitcoin ETF, a first for the U.S. market

Asset manager Roundhill has introduced the first covered call Bitcoin ETF in the U.S. market, according to a press release on Jan. 18. The exchange-traded fund is called the Roundhill Bitcoin Covered Call Strategy ETF. It trades under the ticker “YBTC” on the Cboe BZX exchange. Dave Mazza, Chief Strategy Officer at Roundhill Investments, said: …

If BlackRock continues 6k BTC daily buys we get a supply crunch within 18 months, here’s why

Building on CryptoSlate’s recent analysis of the competing Bitcoin inflows and outflows between BlackRock and Grayscale, I extrapolated the data even further to see just how long BlackRock could sustain its current average Bitcoin accumulation. At a high level, BlackRock’s entry through Bitcoin ETFs is a substantial moment for Bitcoin’s reputation in the United States. …

Solana Primed To Outperform Ethereum by up to 5x, According to Glassnode Co-Founders – Here’s the Timeline

The co-founders of the crypto analytics firm Glassnode think Solana (SOL) could outperform Ethereum (ETH) by up to 5x in the current bull run. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say the SOL/ETH chart suggests the SOL/ETH ratio could surge. “In other words, …

Crypto Trader Updates Outlook on Bitcoin (BTC) Bull Market Progress, Calls Move Up for Solana (SOL)

A widely followed crypto analyst is updating his strategy on Bitcoin (BTC) as the crypto king’s next halving approaches. Pseudonymous crypto trader Rekt Capital tells his 388,300 followers on the social media platform X that BTC is likely to wrestle with resistance for the next few months. “The Macro Diagonal continues to act as resistance History …

Sam Bankman-Fried’s Parents File Motion To Block FTX From Recovering Assets Transferred to the Couple

The parents of former FTX CEO Sam Bankman-Fried are asking the court to dismiss the lawsuit accusing them of exploiting their access and influence within the now-bankrupt crypto exchange to enrich themselves. In September, the FTX estate sued Stanford Law School professors Joseph Bankman and Barbara Fried to hold them accountable for their alleged misconduct …

Tether Now Holding at Least $2,821,269,600 in Bitcoin As BTC Accumulation Spree Continues, Says Quant Analyst

Stablecoin issuer Tether (USDT) is now holding at least $2.82 billion of Bitcoin (BTC) as the firm continues to scoop up the crypto king at a high rate. According to Ki Young Ju, the founder and chief executive of on-chain market intelligence platform CryptoQuant, Tether is currently holding at least 66,400 BTC. “Tether revealed in …

Solana Labs Kicks Off Pre-Orders for New Smartphone Weeks After First Edition of the web3 Device Sold Out

Solana (SOL) Labs is kicking off pre-orders for the new version of its crypto-focused smartphone weeks after the first edition sold out in a frenzy. Solana Mobile is offering customers a “Founder Window” to deposit $450 for the upcoming “Chapter 2” phone, which the project says is expected to ship in the first half of …

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