Bitcoin, the largest digital asset, experienced a momentous day on January 10, 2024, as the US Securities and Exchange Commission (SEC) finally approved spot exchange-traded funds (ETFs) tracking its performance. This long-awaited green light signaled a significant milestone for the cryptocurrency industry. However, the approval did not come without its fair share of hiccups, leading
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Celsius, the once-prominent cryptocurrency platform that underwent bankruptcy and recently shifted its focus to Bitcoin mining, has faced criticism for its latest controversial move. The platform has targeted former clients who withdrew their funds before the company had the chance to freeze them. This action has drawn outrage from users as Celsius attempts to label
The highly anticipated approval of a spot Bitcoin Exchange-Traded Fund (ETF) has been a subject of discussion among the crypto community. However, a recent revelation by Fox Reporter Eleanor Terrett sheds light on a procedural aspect of the U.S. Securities and Exchange Commission (SEC) that could have a significant impact on the approval process. This
A recent report by Kaiko has shed light on the significant decline in liquidity for privacy tokens. According to the findings, the liquidity for these tokens has plummeted to an all-time low of just $5 million. This alarming drop can be attributed to the delisting of several trading pairs by OKX, a renowned cryptocurrency exchange.
Bitcoin’s recent price dip has triggered the third-highest volume of long liquidations since the bear market reached its lowest point in November 2022. However, a closer analysis by IntoTheBlock reveals an interesting trend in the market. Large Bitcoin holders, who own more than 1% of the total supply, have actively accumulated a substantial amount of
The rise of Bitcoin has been met with a surge in popularity and a growing acceptance of cryptocurrencies as a means of acquiring digital assets. However, despite the continued growth of Bitcoin itself, the number of kiosks providing the option to acquire cryptocurrencies using cash or debit cards has been on a decline. Coin ATM
In the world of decentralized finance (DeFi), security breaches have become an unfortunate reality. Recently, Gamma Strategies, a DeFi protocol built on the Ethereum blockchain, experienced a devastating exploit, resulting in a loss of approximately $3.4 million. The exploit was initially identified by blockchain investigator PeckShield on January 4 and was later confirmed by Gamma
The cross-chain lending protocol Radiant Capital has recently fallen victim to a hack, resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million. This incident has raised concerns about the security and vulnerabilities of decentralized finance platforms, particularly in the face of flash loan attacks. The Hack and Exploitation According to the blockchain
Global macro investor Lyn Alden has set high hopes for Bitcoin (BTC) as she predicts its price could reach a staggering $200,000 per coin within the next two years. In a recent episode of What Bitcoin Did, Alden discussed the role of Bitcoin in the current macroeconomic environment and why predicting its price destination is
Tether, the dollar-pegged stablecoin, has experienced a significant surge in total assets over the past six years, now nearing $100 billion. With $95.2 billion in total assets, Tether’s market capitalization has grown exponentially by 6,560% since the beginning of 2018. This astonishing growth has caught the attention of investors and experts, including Gabor Gurbacs, a
