Category: News

TL;DR Ripple whales have changed their attitude toward the asset by disposing of roughly $800 million worth of it since the start of the month. This concerning trend only strengthens the narrative that the SEC lawsuit closure was a typical sell-the-news event. Ripple Whales Are Selling As with all...

Bitcoin (BTC) and other major tokens lost more than 3% as Tuesday’s rally was met with profit-taking during Asian morning hours Wednesday — in line with expectations. Overall crypto market capitalization fell 3.3% in the past 24 hours, with BTC sliding to nearly $83,500 from a high above $84,200...

Coinbase has warned that crypto may be entering a new bear market, but it expects prices to find support between May and June, potentially setting up a stronger Q3. In its monthly report published on Apr. 15, Coinbase noted that…...

On April 15, the team behind the Ethereum scaling network, ZKsync, identified a compromised admin account that took control of $5 million worth of ZK tokens. These were the remaining unclaimed coins from the ZKsync airdrop, they added. The team reassured users that all their funds are safe and have...

Germany’s Christian Democratic Union (CDU) has radically altered its position on cryptocurrency from critic to advocate in the run-up to the formation of the nation’s new government. The political party, once a leader in advocating hardline regulations against digital assets, now seeks to transform Germany into a Bitcoin business...

Payments-focused XRP’s immediate prospects look bleak, with its price chart flashing a “rising wedge” breakdown. A rising wedge comprises two converging trendlines that connect higher lows and higher highs. This convergence suggests that upward momentum is weakening. When the price moves below the lower trendline, it signals a shift...

Cathie Wood, the founder of asset management firm Ark Invest, hailed the sharp growth of decentralized finance vis-à-vis centralized finance on Tuesday, calling it a “financial services revolution.” What Happened: The influential investor was responding to an X post by Lorenzo Valiente. Director of Research at Ark Invest, who highlighted “strong,...

The current Bitcoin cycle feels unusually subdued compared to previous bull runs. Despite price appreciation, the level of excitement and retail participation remains muted. CryptoQuant believes that an important on-chain metric underlines this shift – the percentage of BTC held for one week to one month is significantly lower...

JP Mullin, CEO of Mantra, said he plans to burn his entire 772,000 OM token allocation in response to criticism over the project’s recent collapse and insider activity allegations.  His statement follows an intense three days of scrutiny after the…...

Securitize has acquired MG Stover’s fund administration business, making it the world’s largest digital asset fund administrator. The news was announced in an Apr. 15 press release, in which Securitize said its subsidiary, Securitize Fund Services, will now oversee $38…...