An unknown crypto trader has been making waves in the market by trading Wrapped Bitcoin (WBTC) and earning substantial profits. This trader, referred to as a 'smart whale', has caught the attention of blockchain tracking service Lookonchain.
One of the largest banks in the US, US Bank, is facing accusations of shutting down a customer's account based on false information. The incident came to light when a California crane operator, known as Crane Daddy on TikTok, posted a video explaining his ordeal.
Top crypto analyst Bluntz believes that the recent correction in Solana (SOL) is over and that rallies are set to continue for the leading Ethereum (ETH) rival.
A widely followed crypto analyst, Rekt Capital, is delving into the altcoin markets, with a particular focus on the interoperability blockchain Polkadot (DOT). Rekt Capital notes that the overall market for altcoins is approaching a market cap last seen around August 2022, which is a significant milestone.
Traditional gaming is undergoing a profound transformation as AI and blockchain take center stage. These technologies are not just enhancing gaming realism, but also reshaping the entire gaming experience. In this new era, players are empowered to become active participants in their gaming universes, while AI-driven gameplay and decentralized economies create a unique and immersive gaming environment.
A closely followed analyst predicts that Dogecoin (DOGE), the popular dog-themed meme asset, is preparing for a significant surge in value. This projection is based on the recent surge in DOGE transactions exceeding $100,000, indicating growing interest from institutional investors and whales.
According to a well-known analyst, Bitcoin is poised for a significant upward movement. The analyst, known as Credible Crypto, has a large following on social media and believes that Bitcoin is currently in a re-accumulation zone between $38,000 and $34,800. This range is referred to as the 'demand zone' and if Bitcoin holds this level, Credible Crypto predicts that the cryptocurrency could surge to $40,000. Another analyst, Kaleo, also shares this bullish sentiment and believes that Bitcoin will rally to $40,000. At the time of writing, Bitcoin is trading at $36,113.
In a recent open letter to investors, crypto veteran Dan Morehead, the CEO of Pantera Capital, shares his insights on Bitcoin's bull market and its potential duration. Morehead highlights the unique nature of Bitcoin's market cycles, which he describes as nearly 'alien' in their similarity. He attributes this predictability to Bitcoin's supply and distribution model, which follows the principles set forth by its pseudonymous creator, Satoshi Nakamoto.
After a period of intense trading, the BNB (BNB) token, which is closely linked to Binance and its affiliated blockchain networks, has shown signs of stabilization. Despite an initial sell-off, the token has now reached a level that is consistent with its trading range over the past few months.
Binance, a leading cryptocurrency exchange, has announced that its activities will now be monitored by an independent compliance monitor. This move comes after a period of uncertainty surrounding the exchange's regulatory compliance. Economist Alex Kruger believes that this development is bullish for the market.
Binance, one of the largest cryptocurrency exchanges, has been accused of knowingly allowing its platform to be used for criminal activities, including terrorist financing. The allegations were revealed through internal chats of Binance's Chief Compliance Officer (CCO) and others.
Despite being named in the Kraken lawsuit and facing enforcement actions from the SEC, many tokens have actually seen double-digit gains year-to-date. This challenges the assumption that being targeted by the SEC would lead to depressed prices. Traders seem to value technical capability over regulatory compliance, or they recognize that the SEC is not the only regulatory authority.
Crypto analytics firm Glassnode has identified a crucial price range that Bitcoin (BTC) needs to hold in order to avoid a massive sell-off. In their analysis, Glassnode highlights the key support level of $30,000 based on Bitcoin transaction data.
An Ethereum-based decentralized finance (DeFi) protocol has experienced a significant surge in price due to a recent increase in whale activity and new addresses. The native asset of the protocol, YFI, is currently trading at $10,242.
Nocturne, a protocol enabling on-chain private accounts, has successfully deployed Nocturne v1 to the Ethereum mainnet. This deployment is a significant milestone in the quest for a more private and accessible Ethereum. Users can now experience a compatible and user-friendly product that resembles a private on-chain account.
Nocturne, a protocol that enables on-chain private accounts, has successfully deployed version one to the Ethereum mainnet. This milestone represents a significant step towards a more private and accessible Ethereum.