Crypto fraudsters take over UK lawmaker’s X account to shill bogus Solana token
Cryptocurrency scammers hijacked the X account of UK member of parliament Lucy Powell to hype up a scam token and dump it on unsuspecting traders. On April 15, Powell, who is the Leader of the House of Commons, appeared to…...
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Why Dogecoin Investors Should Worry About DOGE’s Price
TL;DR Binance futures traders are highly bullish on DOGE; but this typically leads to a move in the opposite direction, as history has shown. On the other hand, whales have bought up recently, and the community still posts big predictions for DOGE’s price moves. Binance Futures Traders Going Long...
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$800M XRP Sell-Off: Are Ripple Whales Signaling a Major Market Shift?
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...
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Cardano’s ADA Leads Majors Slide Amid Bitcoin Profit-Taking; ProShares Amends XRP ETF
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...
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Crypto prices may stabilize in late Q2, rebound in Q3 possible: Coinbase report
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…...
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Ethereum Layer-2 ZKsync Airdrop Account Hacked for $5M
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...
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Crypto Comeback? Germany’s Next Ruling Party Reverses Its Stance
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...
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XRP Charts ‘Rising Wedge’ To Signal Price Plunge: Technical Analysis
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...
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Cathie Wood Calls It ‘Financial Services Revolution’ After Ark Analyst Highlights DeFi’s Dominance Over Traditional Banking System
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,...
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Why This Bitcoin (BTC) Rally Isn’t Bringing the Usual Hype
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...
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