Crypto News Center

BitGo’s New WBTC Custody Plan Draws Scrutiny Over Justin Sun’s Role

BitGo, a leading crypto custodial platform, will shift its Wrapped Bitcoin (WBTC) to a new multi-jurisdictional and multi-institutional custody model. This decision has raised concerns in the crypto community, particularly because of the involvement of Justin Sun, founder of the TRON blockchain. On August 9, BitGo revealed a 60-day transition period. The company plans to expand its custodial locations to include Hong Kong and Singapore. Sun’s Role in WBTC Custody...

Pound Sterling Price News and Forecast: GBP/USD posts modest gains around 1.2770

GBP/USD Price Analysis: Holds below 1.2800, bearish bias remains intact The GBP/USD pair trades with mild losses near 1.2770 during the Asian trading hours on Tuesday. The modest recovery of the US Dollar (USD) helps limit the pair’s losses after retracing to 1.2710 in the previous session.   According to the 4-hour chart, the major pair keeps the bearish vibe unchanged, with the price holding below the key 100-period Exponential Moving...

Large Ethereum Transactions Grow As ETH Breaks Yearly Highs

Ethereum (ETH) is making headlines as it trends toward the $4,100 mark, reaching a new yearly high of $4,096. This milestone, just $3 above the previous high set in March, signals a potential resurgence for the second-largest cryptocurrency by market capitalization. The price action has caught the attention of analysts and investors, particularly as Ethereum continues to outperform expectations in a market dominated by volatility and uncertainty. Key metrics from...

Crypto Market Records A Bullish Rebound As Bitcoin Reclaims $60K, Ethereum Hits $2.65K!

Home / Crypto Live News / Crypto Market Records A Bullish Rebound As Bitcoin Reclaims $60K, Ethereum Hits $2.65K! Reportedly, over the past day, the crypto market has recorded a jump of 1.72% in valuation and is currently valued at $2.09 Trillion. Furthermore, it recorded a total trading volume of $83.85 Billion, a change of +41.41%. Notably, the market leader, BTC price had successfully reclaimed the $60K mark with a...

Best Coins To Invest In December 2024: Experts predict Qubetics to reach $0.25, Cardano Eyes $1.40 Breakout, Ripple Targets $7-$10 Surge

Certain altcoins emerge as transformative forces for investors and blockchain users as the cryptocurrency market expands. Qubetics, Cardano, and Ripple (XRP) are among the Best Coins To Invest In December 2024. These projects represent innovation, growth potential, and significant opportunities for both short-term gains and long-term value. Qubetics is setting new standards in blockchain usability with its innovative Qubetics Wallet, designed for seamless and secure crypto asset management.  Cardano (ADA)...

Bitcoin (BTC) on the Verge of Huge Uptick: Analyst Predicts $116k Mark

You are here: Home / News / Bitcoin (BTC) on the Verge of Huge Uptick: Analyst Predicts $116k Mark Bitcoin (BTC) is showing strong signs of a significant upward movement, positioning itself for a potential new all-time high. This bullish sentiment comes despite recent bearish pressures that saw BTC experience a substantial sell-off. The cryptocurrency encountered heavy selling pressure, driven mostly by two significant events: First, the German government liquidated...

What’s Preventing Bitcoin’s (BTC) Price from Reaching $70,000? How Long Will It Stay Under $65,000?

The crypto markets are becoming uncertain of the next price action as the top token, Bitcoin, has been shadowed under misty clouds. The bulls and bears exert equal pressure, causing the price to remain consolidated within a narrow range. With the price advancing towards the second half of the month, more bearish action is expected to occur, which could shake up the BTC price rally and the entire crypto market...

Will Ethereum reach $7K by January 2025? Analysts weigh in…

Journalist Posted: November 26, 2024 Share this article Ethereum’s Pi Cycle Top indicator predicted a market top of over $5k.  In case of a price correction, ETH might drop to $3.03k again.  Ethereum [ETH] , like most other cryptos of late, have registered promising growth. Following the tracks of Bitcoin [BTC] , several expected ETH to also touch an all-time high in the coming days. However, is it a viable...

What Paul Atkins as SEC Chair and David Sacks as Crypto Czar mean for the future of crypto

Paul Atkins and David Sacks’ appointments suggest a shift towards industry-friendly regulation for crypto. Photo: Mezha Media Key Takeaways Paul Atkins is expected to implement a lighter regulatory approach as SEC Chairman. David Sacks’ role as Crypto Czar could position the US as a leader in global crypto policy. With President-elect Donald Trump naming Paul Atkins as SEC Chair and venture capitalist David Sacks as the first-ever White House Crypto...

Woolworths, Pak'nSaves face criminal charges over pricing, misleading specials

Commerce Commission is filing criminal charges against Woolworths and two other supermarkets. Photo: Supplied/Woolworths The Commerce Commission is filing criminal charges against Woolworths and two Pak'nSave supermarkets for inaccurate pricing and misleading specials. The charges will be made separately against Woolworths, Pak'nSave Silverdale and Pak'nSave Mill Street. The commission said there are ongoing issues with pricing in the supermarket sector and the operators may have breached the Fair Trading Act....