Tag: Coin Surges
Blockchain
Market Tremors: $10 Billion in Bitcoin Dumped in May Alone, What Does This Signal?
May 2024 emerges as a pivotal month for Bitcoin, witnessing a notable amount of liquidation by long-term holders Blockchain analytics firm IntoTheBlock highlighted a sell-off totaling roughly $10
Blockchain
Aptos Foundation Partners With Alibaba Cloud To Boost Japan’s Web3 Ecosystem
In a significant development for the growth and adoption of digital assets in the Asian region, the Aptos Foundation has announced a collaboration with Alibaba Cloud, the digital technology and
Blockchain
North Carolina Passes Bill to Block State Participation in Federal CBDC Testing
The General Assembly of the US state of North Carolina has approved a bill that prevents the state from participating in the Federal Reserve’s testing of a central bank digital currency (CBDC)
Blockchain
Is The Bitcoin Bottom In? Crypto Expert Predicts Bullish Price Reversal
A crypto expert has predicted a bullish price reversal for Bitcoin, the world’s largest cryptocurrency The analyst suggested that Bitcoin’s price may have bottomed in, potentially signaling the
Blockchain
Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024
Digital assets worth over $5727 million were lost to hacks and fraud in the second quarter of 2024 This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to
Blockchain
Bitcoin HODLer Supply Continues Decline: A Worrying Sign?
On-chain data shows the Bitcoin long-term holder supply has continued declining recently Here’s what this could mean for the asset Bitcoin Long-Term Holder Supply 30-Day Change Has Been
Blockchain
Coinbase to launch CFTC-regulated futures trading for 5 altcoins
Coinbase Derivatives plans to launch margined futures contracts for Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHIB) On June 28, the service published an
Blockchain
Yield App Suspends Operations Ahead of Liquidation
Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation
Blockchain
Ethereum’s Breakout Moment: Is a $7,500 Target Achievable? Experts Weigh In
Despite Ethereum’s recent lackluster performance, Glassnode Co-founders, under the name ‘Negentrophic’ on Elon Musk’s X social platform, assert that ETH’s potential has
Blockchain
France, Hong Kong regulators sign MOU to explore wholesale CBDCs, tokenization
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) announced a collaboration focusing on wholesale central bank digital currencies (CBDCs) and the tokenization of financial assets
Blockchain
Crypto Trader Says He’s ‘Extremely Long’ On Ethereum, Undeterred By Crash Below $3,400
Crypto trader Duncan has explained why he is “extremely long” on Ethereum (ETH) despite the crypto token’s recent drop to around $3,400 He emphasized the Spot Ethereum ETFs, which he believes
Blockchain
US Treasury and IRS finalize crypto broker tax reporting rules
The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28 Crypto brokers, including exchanges, will need to report gross proceeds
