Bitcoin Selling Pressure Subsides as Demand Stabilizes.
The fall in bitcoin selling pressure can be seen in the on-chain activity of short-term BTC holders and the balances on over-the-counter (OTC) desks. The price of bitcoin (BTC) has…
Chinese Police Ambush Illegal $1.9 Billion USDT Banking Operation.
The suspects allegedly used USDT to run a foreign exchange payment and settlement business, providing illegal services to cosmetics and drug smugglers. The Chinese police forces have burst a large…
Kraken Wants To Remove USDT From Exchange in Europe due to MiCA rules.
Kraken’s global head of regulatory strategy said listing Tether’s stablecoin is potentially ‘untenable.’ Kraken Global Head of Regulatory Strategy Marcus Hughes said the company is planning for circumstances in which…
TON Outperforms Bitcoin by 118% in 2024, Setting Itself Apart from Other Layer 1s.
TON is slowly capturing the Layer 1 market share with a notable performance so far.TON has emerged as one of the top-performing Layer 1 blockchains in 2024, according to the…
This is How Much Bitcoin (BTC) El Salvador Has Mined Using Volcanic Energy.
Adding the 474 BTC mined since 2021 to the number of bitcoins El Salvador has purchased, the country now holds 5,750 BTC. Since 2021 when El Salvador began validating Bitcoin…
Australian Admits Role in BitConnect Ponzi Scheme Promotion.
An individual from Australia has admitted his role in promoting cryptocurrency lending services linked to the now-defunct BitConnect crypto exchange. BitConnect was notorious for allegedly operating as a Ponzi scheme…
Former Pump.fun Employee Exploits Withdrawal Authority, Causes $1.9M Loss.
Pump.fun outlined plans to compensate affected users from the exploit. Solana-based meme coin launchpad Pump.fun announced that a former employee used their “privileged position” to access “withdraw authority” and misappropriated…
Infamous Pink Drainer Calls It Quits, Citing Mission Accomplished.
The unexpected move comes as Pink Drainer claims to have accomplished its mission.After wreaking havoc across the digital asset sector and stealing millions of dollars, scam-as-a-service kingpin ‘Pink Drainer’ has…
Over 80% of Newly Listed Crypto Assets on Binance Have Declined in Value: Data.
According to the analyst, most new tokens on Binance are listed with an inflated valuation despite lacking a substantial user base.Over 80% of the newly listed cryptocurrencies on Binance, the…
New Whales and Long-Term Holders Fortify $60k Bitcoin Support.
New whale accumulation and the consistency of long-term holders reinforce $60,000 as a critical support level for bitcoin.Bitcoin’s price has been struggling to gain momentum post-halving. However, the world’s leading…