Cryptocurrency News, Analysis, and Blockchain Insights
Upbit, one of the leading cryptocurrency exchanges in South Korea, temporarily halted deposits and withdrawals after detecting $36 million in unauthorized outflows from a Solana-network hot wallet. The hack occurred just as Upbit’s parent entity, Dunamu, completed a $10 billion acquisition deal with Naver and announced plans for an IPO in the US. Upbit Detects […]
Bitcoin (BTC) reclaimed $90,000 on Wednesday as the market opened in a positive mood. The flagship cryptocurrency climbed nearly 5% to reclaim $90,000 and cross $91,000 on Thursday. BTC is up 1% during the ongoing session, trading around $91,356. The rebound has helped Bitcoin reach a seven-day high, rallying from multi-month lows to reclaim $90,000 […]
Bitcoin (BTC) is down nearly 1% during the ongoing session as its recovery stalled after briefly crossing $89,000. The flagship cryptocurrency has struggled to regain momentum after dropping to a low of $80,524 on Friday. Analysts have warned of more liquidations, stating that a final leverage flush below $80,000 is possible. Texas Buys $5M Worth […]
Galaxy Digital is in talks with prediction market platforms Polymarket and Kalshi about becoming a liquidity provider as on-chain betting on real-world events draws attention from retail and institutional traders. Several Wall Street firms, including Jump Trading and Susquehanna, are already active in the prediction market ecosystem. Galaxy Digital Holds Talks With Polymarket, Kalshi Galaxy […]
Bitcoin (BTC) briefly reclaimed $89,000 on Monday, reaching an intraday high of $89,225 before settling at $88,266. The flagship cryptocurrency is showing signs of recovery thanks to easing selling pressure and growing expectations of a rate cut in December. Bitcoin crashed nearly 21% in November, with the slump largely driven by forced liquidations and a […]
Bitcoin (BTC) bounced back on Sunday to reclaim $85,000 and start the week in positive territory. However, the flagship cryptocurrency lost momentum despite reaching an intraday high of $88,100, and is marginally down during the ongoing session. BTC is facing substantial selling pressure, with spot Bitcoin ETFs recording a surge in trading volume. Analysts believe […]
Bitcoin (BTC) traders are an optimistic lot after the probability of a rate cut by the US Federal Reserve nearly doubled over 24 hours. As a result, the flagship cryptocurrency rebounded, reclaiming $85,000 and moving to its current level of $86,447, a 3% increase over the past 24 hours. Bitcoin plunged to an intraday low […]
Bitcoin (BTC) plunged to a low of $80,524 on Friday, with analysts stating that the flagship cryptocurrency had entered the most bearish phase of the current cycle. However, analysts are optimistic of a rebound as the probability of a rate cut in December doubled in 24 hours, boosting market sentiment. Federal Reserve Rate Cut Odds […]
Ohio Representative Warren Davidson has introduced legislation that allows Americans to make federal tax payments in Bitcoin without incurring capital gains, a move aimed at boosting the US Strategic Bitcoin Reserve. The Bitcoin for America Act intends to diversify national wealth into non-inflationary assets that can act as a long-term store of value. The Bitcoin […]
Tether, the entity behind USDT, has announced an investment in Parfin, a digital asset platform based in London and Rio de Janeiro. The investment is part of a strategic move to expand USDT’s reach in Latin America. Latin America is a burgeoning crypto hub, driven by the need for inflation hedges and improved financial access. […]
Bitcoin’s (BTC) selloff has intensified as it plunged to a low of $80,524 on Friday. Analysts have stated that the flagship cryptocurrency has entered the most bearish phase of the current cycle as institutional interest fades and key indicators turn negative. Some analysts believe the current prices signal the end of the current market cycle. […]
Controversial social media influencer Andrew Tate has had his entire HyperLiquid account liquidated. The liquidation triggered widespread mockery across the crypto community. HyperLiquid data confirmed Tate never executed a single withdrawal, resulting in the loss of every deposited dollar. Andrew Tate’s HyperLiquid Account Liquidated Andrew Tate is being subject to widespread mockery and derision across […]