Crypto

Renowned economist and cryptocurrency skeptic, Peter Schiff, warned Bitcoin (CRYPTO: BTC) holders of a potential drop if the coin fails to hold the $60K support level. What Happened: On Wednesday, Schiff took to Twitter to express his concerns about Bitcoin’s future. “It’s not...

Brad Garlinghouse, the CEO of blockchain startup Ripple, projected that the cryptocurrency market’s total capitalization could hit $5 trillion this year. What Happened: Garlinghouse’s bullish forecast for the crypto market is driven by several macro factors, including the launch of the...

In a move to further regulate the digital asset industry, Singapore has broadened its regulatory framework to encompass the custody of tokens and additional firms involved in fund transfers. What Happened: The Monetary Authority of Singapore (MAS) announced on Tuesday that the changes to the...

Reddit Inc is gearing up for a massive initial public offering (IPO), and the excitement is palpable. So much so that Glauber Contessoto, a Dogecoin (CRYPTO: DOGE) millionaire, is predicting that the meme coin $RDDT could surpass the actual Reddit stock IPO. What Happened: Contessoto, who gained...

Bitcoin has had a phenomenal start to 2024, recording new all-time highs and exceeding the expectations of investors around the world.  But the price run has slowed significantly, and Bitcoin is down over 10% in the past week, dipping below the $63,000 level. What does this mean for Bitcoin...

After the collapse of FTX Trading Ltd. in 2022, many wrote off Solana and thought that the project was dead. However, the project overcame the odds and has made, according to some, a complete comeback. The price recently surpassed the $200 level, and it is nearing its all-time high of $260 set in...

In February, crypto phishers managed to steal a staggering $47 million, primarily through fake accounts on Elon Musk‘s social media platform X. These scams, related to Bitcoin, Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and other cryptocurrencies, resulted in over 57,000 victims...

In the first two months of 2024, the cryptocurrency community has been hit with a staggering $104 million in losses due to phishing incidents. The majority of the victims were Ethereum (CRYPTO: ETH) users, who accounted for $78 million of the losses. What Happened: The security firm Scam Sniffer...

Bitcoin‘s (CRYPTO: BTC) recent resurgence could potentially breathe new life into the broader cryptocurrency market, despite a significant number of altcoins failing since 2020. What Happened: A report by Alphaquest and Storible has revealed that 72% of the crypto projects launched since 2020...

Amid the growing appetite for crypto risk, a single NFT has been sold for a whopping $16 million in Ethereum (CRYPTO: ETH). What Happened: A bidder recently acquired CryptoPunk #3100, one of the nine “Alien Punks” in the series, for 4,500 ether, equivalent to approximately $16 million,...

Digital investment brokerage Webull Corporation faced significant obstacles in its quest to go public, largely attributed to its cryptocurrency offerings, as disclosed by the company’s U.S. CEO on Wednesday. The online brokerage, aiming for a U.S. listing through a merger with special purpose...

Unlocking necessary funding to grow its economy might cost El Salvador and President Nayib Bukele the abandonment of Bitcoin (CRYPTO: BTC). According to Bank of America economist Alex Muller, El Salvador is in pursuit of a deal with the International Monetary Fund (IMF), which can provide the...

El Salvador’s President Nayib Bukele has declared victory in the country’s presidential election, despite the results not being officially confirmed. This would mark his second term in office, a move that has been met with criticism. What Happened: President Bukele, known for his tough...

Fierce discussions are taking place regarding the enactment of U.S. stablecoin legislation, according to Sen. Cynthia Lummis (R-Wyo.). The Senator remains hopeful about the possibility of the legislation being passed within the first half of 2024. What Happened: On Thursday, Sen. Lummis in an...

Aliaksandr Klimenka, a central figure in the dismantled BTC-e cryptocurrency exchange, has been apprehended and indicted by U.S. authorities for his supposed role in several illegal activities. What Happened: The Department of Justice (DOJ) has detained and charged Belarusian-Latvian entrepreneur...