Bithumb, one of South Korea’s major crypto exchanges, has announced the listing of Altair (ALT) and Swell Network (SWELL) on its KRW trading market. Trading for these Ethereum-based assets started on November 14 at 4:00 p.m. KST, with initial prices set at 151 KRW for ALT and 49.36 KRW for SWELL. To control early volatility, …
Despite the minor dip in the Bitcoin prices below the $90,000 mark, the total daily net inflow for US-spot Bitcoin ETFs stood at $510.11 million on 13 November. Driving the rally, BlackRock’s IBIT collected $230.81 million of inflows. This was followed by Fidelity’s $186 million inflow and Grayscale’s Minitrust BTC by $61.30 million. Mirroring the …
As the crypto rally continues, whales continue accumulating Ethereum, and a new whale has recently accumulated 7,389.5 Ethereum tokens worth $23.44 million in just three days. The whale has accumulated 18,049 Ethereum tokens worth $59.53 million in the last three days. Presently, the Ethereum price is changing hands at $3220 with 24-hour gains of 0.91%. …
Amid the recent price surge in Pepe, with almost a 100% surge in the past 24 hours, the giant whale has started to book profits. The whale deposited 500 billion Pepe tokens worth $11.38 million over Coinbase. The whale spent 1173 ETH tokens worth $2.04 million to buy 2 trillion Pepe tokens between May 6 …
Upbit, South Korea’s largest cryptocurrency exchange, officially launched a PEPE/KRW trading pair on November 14, 2024, enhancing accessibility for Korean investors. Trading is supported on the Ethereum network, with specific order types and pricing restrictions to stabilize initial trades. For example, buy orders are limited for the first five minutes, and sell orders below 10% …
Bitcoin, after surpassing Silver and Meta’s market cap earlier this week, it has now officially overtaken Saudi Aramco to become the world’s 7th largest asset, as it surged to a $1.81 trillion market cap. It now only trails Nvidia, Apple, Microsoft, Amazon, and Alphabet in terms of the largest market cap. 2024 proved to be …
With the rising price volatility in the cryptocurrency market, the whales are exchanging different positions with the Ethereum price dropping 8% in the past 24 hours. Reportedly, the ETH price experienced this drop despite the ongoing “Devcon 2024”. Notably, one Whale with wallet address “0x49e” has withdrawn 8,001 Ethereum worth $25.36 million from its Binance …
A whale with 8,000 BTC ~$699 million has reportedly made a transfer today. During this transfer, it moved 2,000 Bitcoins worth $176.7 million. Notably, till now this whale has deposited 300 BTCs worth about $26.27 million into the Binance cryptocurrency exchange. Moreover, this whale had previously sold 2,000 of these tokens for $132.4 million with …
With the U.S. Bureau of Labor Statistics reporting a slight decrease in the Consumer Price Index (CPI) for October, with inflation raised to 2.6%, just below the expected 2.5%. This highlights a positive shift in the financial sector. Further, indicating that the inflation is continuing to ease. With the good news, the Bitcoin price has …
Bitcoin has reached a new all-time high of $89,956, driving its trading volume to a record-breaking $170 billion in just 24 hours. This surge, up nearly 50% from previous highs, is largely fueled by retail investors, who are increasingly drawn to Bitcoin following Donald Trump’s victory in the U.S. presidential election. Trump’s promises of a …
Ronin’s Katana DEX is set to launch a v3 upgrade, focusing on improving liquidity efficiency and capital utilization. The update, which will roll out in November, introduces concentrated liquidity pools and customizable fees, offering better trading depth and reduced slippage. As part of the upgrade, Ronin will also cut its liquidity mining rewards by 50%, …
Born in China with dual citizenship, Daren Li admitted to money laundering arising from the crypto scams, including the Pig Butchering investment fraud worth $73 million. Li, 41, took responsibility for money laundering, saying that he employed other companies and had US-based bank accounts which he used to conceal the source of the stolen funds …
South Korea’s largest cryptocurrency exchange, Upbit, has announced the listing of 12 new digital assets on its USDT market. The newly added tokens include Adventure Gold (AGLD), AhaToken (AHT), ARPA, Astar (ASTR), Bancor (BNT), MultiversX (EGLD), Filecoin (FIL), LumiWave (LWA), NEAR Protocol (NEAR), Orchid (OXT), Radworks (RAD), and Stellar Lumen (XLM). This move is expected …
President-elect Trump has nominated Fox News host Pete Hegseth as Secretary of Defense, marking a surprising choice. Hegseth, a decorated military veteran with combat experience in Iraq, Afghanistan, and Guantanamo Bay, is known for his “America First” non-interventionist stance on foreign policy. Trump praised him as “a Warrior for the Troops,” emphasizing his leadership qualities. …
After a year-long investigation, the U.S. Department of Justice is seeking to seize $16 million in crypto assets linked to FTX. The assets, held in a Binance account, are connected to bribes allegedly authorized by Sam Bankman-Fried. The account contains tokens like Solana (SOL), Avalanche (AVAX), and Ripple (XRP), with SOL making up over half …
In South Korea, police arrested 215 individuals, including a popular YouTuber with 620,000 followers, for orchestrating a crypto investment scam that defrauded 15,000 people out of 300 billion won (approx. $222 million). The group ran fake investment firms, lured investors with promises of “20x returns,” and issued worthless coins, some of which they manipulated on …
As the bullish institutional support for ETFs continues, the net inflow for Bitcoin ETFs registered $39.26 million. Meanwhile, the US Ethereum spot ETF had a daily inflow of $4.47 million. Leading the Bitcoin space, Fidelity’s FBTC had an inflow of $37.20M, followed by Grayscale’s BTC with $15.08M. Among the ETH ETFs, Bitwise’s ETHW spearheaded the …
After gaining 3.3% of the TAI token’s circulating supply yesterday, the market maker Wintermute has started depositing the token on centralized crypto exchanges. This strategic move is an attempt to provide liquidity. In the past 14 hours, the market maker has deposited 2.303 million TAI tokens worth $349,000 on Gate.io and Bybit. Further, Wintermute continues …
Increasing the FOMO in the crypto market, the story of Pnut guy is trending in the industry. As the price of Pnut increased by 100% in the past 24 hours, the Pnut rally continued. Before the rally, 19.4 million Pnut tokens were bought by a trader in exchange for 8 SOL tokens worth $1,366. Due …
In the latest development, DeFi Technologies, a cryptocurrency investing platform, has created a new company called SolFi which is designed to be a “Microstrategy for Solana”. SolFi is a spin-off of DeFi Technologies focused entirely on providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments. …
Solana now rivals Ethereum in nearly all major economic metrics, displaying consistent growth over the past few months, as per a report published by hedge fund Syncracy Capital. According to the report, Solana’s real economic value (REV) was 111% of Ethereum’s REV in October 2024, up from 1% in the same period last year. Solana’s …
Shibarium, the Ethereum-based Layer-2 scaling solution backed by the Shiba Inu (SHIB) ecosystem has recorded a huge mainnet milestone. According to data from the Shibarium scan, the total transactions processed on the platform has crossed the 500 million milestone. Notably, Shibarium got a major boost less than a month ago when Shiboshi-linked NFT update triggered …
Tesla’s Bitcoin bet is paying off, with the company’s holdings more than doubling in value this year. Currently, Tesla holds 11,509 BTC, now worth over $1 billion, as Bitcoin reached an all-time high of $89,560. Tesla’s original $1.5 billion Bitcoin purchase in February 2021 has grown by $495 million in profit, largely due to the …
A Giga Token holder has fallen victim to a phishing scam, losing a massive $6.09 million. The attack occurred when the individual was tricked into clicking a fake Zoom meeting link. The scammer, posing as a legitimate source, convinced the victim to share sensitive information, leading to the loss of millions in Giga Tokens. This …
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned Bitcoin investors not to get too greedy. While he continues buying Bitcoin until it hits $100,000, he advises against further purchases once it surpasses this level. Kiyosaki cautioned, “Hogs get fat… pigs get slaughtered,” encouraging caution among traders. Bitcoin is currently priced at $88,894, …
On the 31st of October, M2 Exchange incurred a security loss resulting in the trading platform losing about $14 million in cryptocurrency. Since being labeled by the exploiter, the address has brilliantly washed 4,010 ETH, equivalent to approximately $12.8 million through Tornado Cash, a common cryptocurrency mixing platform as noted by PeckShield. The laundering move …
Japanese crypto exchange Bitbank has launched a new subsidiary, Bitbank Ventures, dedicated to investing in blockchain projects worldwide. This global arm aims to support startups from pre-seed to Series A, focusing on helping foreign blockchain projects enter the Japanese market. Bitbank Ventures will target layer 1 and 2 projects and AI, gaming, and web3 initiatives. …
Chinese chipmaker Nano Labs, listed on the Nasdaq, announced it will now accept Bitcoin as payment through Coinbase, sparking a 2.81% uptick in its stock. This move, aimed at embracing digital financial technology, reflects rising demand for crypto transactions in tech sectors. Nano Labs sees Bitcoin adoption as a way to offer “greater payment flexibility” …
After Donald Trump’s pro-crypto presidential win, Coinbase’s stock surged over 20%, breaking $300 for the first time since 2021. Many investors expect Trump’s administration to support the crypto industry, easing regulatory pressures from agencies like the SEC. Analyst Michael Miller from Morningstar highlighted this, noting Coinbase’s potential relief in its staking and other crypto services. …
With the crypto bull run gaining momentum, a whale has booked a profit of $8.16 million, a nearly 7% return on Pendle. The whale sold 1.295 million Pendle tokens in exchange for $7.61 million in the past 12 hours. Starting from July 29 to November 11, 2023, the whale bought 1.595 million Pendle tokens using …