Trending stories in cryptocurrency. The most talked-about topics, viral developments, and breaking news shaping the crypto industry.
With the price of cryptocurrency giant Bitcoin (BTC/USD) dipping below the $60,000 mark at one point this week, experts are warning that the price could fall further from current levels. Bitcoin is currently hovering around $60,000, which is about 17% lower than the $73,797.68 it hit in March....
Bitfinex whales cleaned out 2,000 BTC worth of long positions on Nov. 13 (local time)," WuBlockchain reported, citing crypto data platform Datamish. The current BTC long position size on Bitfinex is 48,464 BTC." On the other hand, crypto on-chain analytics platform Santiment reported that "The...
BTC exchange inflows are the lowest since December 2021 “BTC exchange inflows are currently at their lowest level since December 2021 (94.2K BTC),” crypto on-chain analytics platform Santiment reported via X. “Historically, lower BTC inflows have reduced selling pressure across all...
With the Chinese government preventing mainland investors from investing in cryptocurrencies, Brock Pierce, co-founder of Dether (USDT), said it's inevitable that China will open up to investment. Speaking at the Solowin and Sequire Asia Investor Summit in Hong Kong, Brock Pierce, who also serves...
“Those who bought coins listed on Binance, the world's largest cryptocurrency exchange, in the past six months have lost around 18%,” CryptoGlobe reported, citing crypto analyst Flow, which found that “80% of listed tokens have lost value since listing. “Only five tokens have risen, MEME, ORDI,...
BlackRock Chief Investment Officer Rick Ryder told CNBC that he expects two rate cuts this year, starting in September. The Fed's intense tightening has shaken consumer confidence among low-income earners. It will be difficult for the Fed to delay any longer,” he said. “If key economic data,...
As cryptocurrency investors wait for a repeat of March's bull run, a positive report suggests that bitcoin's recovery may be faster than expected, Bitcoin Sistemi reported on Sunday (local time). In Bitfinex's weekly report, analysts noted that short-term selling pressure in markets including...
Amid the debate over whether humans can entrust artificial intelligence (AI) to fight wars, OpenAI CEO Sam Oltman, who has a strong influence in the AI industry, acknowledged that it is not an easy question. During a conversation on “Geopolitical Transformation in the Age of AI” at the Brookings...
As crypto analyst HODL15Capital (@HODL15Capital) reported on X, “With one week left before the deadline for large institutions to file their 13F reports with the Securities and Exchange Commission (SEC), 168 asset managers are now confirmed to hold the BlackRock BTC Spot ETF (IBIT). Two of the...
“The U.S. Securities and Exchange Commission (SEC) has been recklessly abusing wellsnotes (notices to potential litigants seeking clarification) against the crypto industry in recent months,” said Jake Chervinsky, chief legal officer at cryptocurrency specialist Variant, according to The Block....
“A second term for US President Joe Biden will lead to massive property confiscation and crypto seizures,” Ryan Selkis, CEO of crypto data analytics firm Messari, wrote on his X (formerly Twitter) account. “They're going after people's property and spying on them at every turn. They're targeting...
Coinbase reported its Q1 earnings, according to CNBC. During the period, Coinbase reported revenue of $1.64 billion, beating estimates ($1.34 billion). This is a significant increase from the year-ago quarter ($7.7 billion). “Coinbase shares have surged about fivefold in the past year, and are up...