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Bitcoin Accumulation Patterns Indicate Continued Bull Run, Suggest Key Indicators
December 14, 2023
New data closely examining Bitcoin's blockchain activity, miner flows, as well as the effect of Unspent Transaction Outputs (UTXOs) suggests an optimistic market sentiment with Bitcoin far from being overvalued. …
Read moreFour Individuals Indicted in $80 Million 'Pig Butchering' Crypto Scam
December 14, 2023
The US Department of Justice (DOJ) has announced indictments against four individuals in a massive cryptocurrency scam allegedly involving $80 million. The accused, Lu Zhang, Justin Walker, Joseph Wong, and …
Read moreCoinbase Adds New Memecoin as BTC ETF Milestone Approaches; New Cash Redemption Model Mandated for BTC ETF Applicants
December 14, 2023
Crypto trading platform Coinbase recently added a new memecoin, Bonk (BONK), to its list of tradable assets concurrent with its involvement in institutional Bitcoin ETF custody with BlackRock. In addition …
Read moreBasel Committee Proposes Maturity Limits for Stablecoin Reserve Assets
December 14, 2023
The Basel Committee on Banking Supervision, an international banking regulatory body, has suggested introducing new measures to limit the maturity of reserve assets backing stablecoins.The regulatory body, in its reevaluation …
Read moreEthereum Expected to Outperform Bitcoin by 2024 Says JPMorgan
December 14, 2023
Analysts at JPMorgan have anticipated Ethereum (ETH) to surpass Bitcoin (BTC) and other digital currencies in market price performance by 2024 due to the Ethereum's blockchain upcoming EIP-4844 upgrade, known …
Read moreCrypto Wallet Provider Ledger's Library Compromised, Impacting Multiple DApps
December 14, 2023
A malicious infiltration has been detected in ledger's ConnectKit library, affecting multiple Decentralized Applications (DApps) using the library including SushiSwap and Revoke.cash. Ledger, a leading crypto hardware wallet provider, acknowledged …
Read moreImpact of Anticipated Fed Rate Cuts on Crypto and Financial Market
December 14, 2023
In reaction to predictions of a set of seven federal rate cuts in 2024, global financial markets have observed significant fluctuations. Indices such as the Dow Jones Industrial Average breached …
Read moreGemini Earn Users Could Potentially Lose Up to 39% of their Investments
December 14, 2023
According to a reorganization plan shared by the exchange, Gemini Earn users may only recover between 61% to 100% of the value of their pending Earn balance as of January …
Read moreWrapping up the Cryptosphere: Lawsuits, Forecasts, and More
December 14, 2023
Last week was versatile for the crypto market as various major cryptocurrencies suffered significant market corrections. Bitcoin's recent price behavior took a notable dip from its $44,000 high, currently trading …
Read moreDeep Dive: Stablecoins' Stability and Their Impact on the Crypto Market
December 14, 2023
S&P; Global Ratings recently conducted a stability assessment for different stablecoins, including USD Coin (USDC), Gemini Dollar (GUSD), and Paxos' Pax Dollar (USDP), among others. The assessment evaluated the ability …
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