Crypto News Center

CryptoQuant CEO Warns Not To Short XRP Due To Insider Whale Activity

XRP has experienced an extraordinary surge in recent weeks, with its price skyrocketing by 380% over the past 23 days. In just the last four days, the price jumped 75%, reaching a peak of $2.87 on December 2. This rapid ascent appears to be fueled by significant buying activity from large investors, commonly known as “whales.” Ki Young Ju, CEO of on-chain analysis firm CryptoQuant, highlighted that these whales are...

Bitcoin’s Road to $100k Faces Roadblocks, But Analysts Remain Confident

Bitcoin’s all-time high near US$100k sees resistance as the rally comes to a slow-down. MicroStrategy’s recent Bitcoin purchases contrast with fears of a large-scale sell-off due to the US government moving US$2 billion worth of Bitcoin to exchanges. A golden cross indicator suggests a significant market rally could occur by early 2025, driving Bitcoin towards new peaks. Bitcoin’s quest to US$100k is becoming an arduous one, at least if you’re...

Cryptocurrency Mining Gets Green Light in Russia, Putin Signs New Law

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Top 4 Altcoins You Must Buy Before November Ends: DOGS, PEPE, WLTQ, BONK

With many altcoins showing promise, savvy investors are on the lookout for the next big opportunity this November. Among the myriad of options available, Dogs (DOGS), Pepe (PEPE), WallitIQ (WLTQ), and Bonk (BONK) stand out. Each of these tokens offers unique features and potential for growth, making them must-haves for your portfolio before the month concludes. WallitIQ (WLTQ): A Revolutionary Wallet Solution WallitIQ (WLTQ) is a groundbreaking decentralized wallet that...

DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service

A landmark sentencing has closed the chapter on Bitcoin Fog, the longest-running bitcoin mixing service on the darknet, with its operator facing over a decade in prison. The Fall of Bitcoin Fog: DOJ’s Pursuit Unmasks a Decade-Long Darknet Operation The U.S. Department of Justice (DOJ) announced Friday that Roman Sterlingov has been sentenced to prison for operating Bitcoin Fog, a BTC mixing service. The DOJ stated: A dual Russian-Swedish national...

Is altcoin season here? Analyzing Bitcoin dominance and market trends

Journalist Posted: November 28, 2024 Share this article The Altcoin Season Index saw a major spike for the first time since April. Bitcoin remained dominant despite the spike. The cryptocurrency market is witnessing dynamic shifts as the Altcoin Season Index climbs to 59, suggesting a potential transition towards an altcoin-dominated cycle. Bitcoin’s[BTC] dominance, while still strong at 57.3%, has slightly declined, hinting at increased investor interest in alternative assets. Rising...

Bitcoin Price Prediction: Charting The Roadmap Of BTC To $150,000 By 2025

Crypto analyst TradingShot had predicted before that the Bitcoin price could rally to as high as $150,000 in this bull run. With the flagship crypto now close to the $100,000 milestone, the analyst has charted Bitcoin’s current price action and provided insights into how the crypto could reach this $150,000 target by 2025.  The Current Bitcoin Price Action And Road To $150,000 In a TradingView post , TradingShot stated that...

Why memecoins can outshine altcoins during the next crypto rally

contributor Posted: November 18, 2024 Share this article Memecoins have been outperforming altcoins in market activity and hype. Tokens like Dogecoin and Pepe are outpacing altcoins in trading volumes. While altcoins like Ethereum [ETH] and Solana [SOL] have long dominated the spotlight, memecoins are now taking center stage, driving both hype and market performance. With iconic tokens like Dogecoin [DOGE], Shiba Inu [SHIB], and Pepe [PEPE] seeing significant price movements,...

FTX sues Binance and ex-CEO Zhao, claims $1.8 billion fraudulent transfer

Home Business News FTX sues Binance and ex-CEO Zhao, claims $1.8 billion fraudulent transfer The lawsuit relates to Binance’s sale of its stake in Sam Bankman-Fried’s FTX, which it acquired in 2019 but then negotiated to sell back to FTX in July 2021. “By this lawsuit, the Plaintiffs seek to recover, for the benefit of FTX’s creditors, at least $1.76 billion that was fraudulently transferred to Binance and its executives...

Uniswap Layer 2 users increase 350% as Poodlana meme coin nears listing

Uniswap Layer 2 users have surged by 350%, but trading volume has dropped 39% since May. Poodlana’s presale has raised $6.3M, with the listing set for August 16 on Raydium. Poodlana’s token POODL is currently valued at $0.0499 with the price rising every 72 hours before listing. In a rapidly evolving crypto landscape, two key developments have captured the attention of the community. Uniswap’s Layer 2 (L2) user count has...