Small Fish in a Big Pond: How the Rich Can Shape Crypto’s Future
As much as retail investors are optimistic and see the potential in бitcoin, analysts at the market intelligence platform Santiment believe they are likely to remain small fish in a big pond. This means their investment strategies are likely influenced by the actions of wealthier investors, who are consistently...
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Coinbase Says Criminals Stole Customer Data, Offers $20M Bug Bounty
Coinbase (COIN) has confirmed that cyber criminals “bribed and recruited” a group of rogue support agents that facilitated the theft of user data. The crypto exchange added in a blog post that it will “reimburse customers who were tricked into sending funds to the attacker.” It has also offered...
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Crypto Daybook Americas: Retail Shift to Riskier Tokens Jolts Bitcoin, Ether
By Francisco Rodrigues (All times ET unless indicated otherwise) The cryptocurrency market pulled back over the last 24 hours, led by declines in major coins as retail investors switched out of large-cap tokens and into smaller, more speculative assets. Both bitcoin BTC and ether ETH dropped around 2% and...
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Crypto Exchanges Flock to List NXPC, Token Surges 115% on $1B Volume
Several exchanges including Binance and Korean platform Coinone have listed NEXPACE (NXPC), leading to a 115% surge in the token’s value on the back of $1 billion in trading volume in the first three hours of trading. NEXPACE is a PC role-playing game that features on-chain item ownership. It...
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Stablecoins seen as ideal fit for real-time collateral management
Cryptocurrencies and stablecoins are gaining growing recognition in the traditional finance (TradFi) space for their ability to streamline payments and increase efficiency in existing financial systems In finance, collateral management refers to the process of managing the underlying collateral securing other financial transactions, such as loans or derivatives, to...
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Shiba Inu Large Transaction Volumes Crash 49% In One Day, Are Whales Leaving?
Shiba Inu whales have been known to make their presence known during major market moves, and the recent price recovery was no different. In the last week, these large investors have been returning to the market in varying degrees to take advantage of the Shiba Inu price rise above...
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1,000,000 ETH: Could This Massive Move Ignite Another Price Rally?
TL;DR Ethereum’s massive exchange outflows and increased whale accumulation fuel optimism for a continued uptrend. However, ETH’s RSI on the daily scale has climbed to 71, entering overbought territory and signaling a potential short-term correction. Ready for Another Catapult? The second-biggest cryptocurrency has taken center stage lately, with its...
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Coinbase refuses $20M ransom after support agent data breach
Coinbase, the world’s third-largest cryptocurrency exchange, was hit by a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data, the company said. According to a May 15 blog post, Coinbase said a group of external actors bribed and coordinated with several customer support contractors...
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Is the XRP price rally over for now?
Key takeaways: XRP forms a double top and rising wedge, signaling short-term downside risk toward $1.94. NUPL indicates traders are in denial, resembling past pre-crash phases. Long-term charts still point to bullish targets between $3.69 and $17. XRP (XRP) has rebounded by more than 50% over a month after...
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Arthur Hayes Predicts Bitcoin To Hit $1 Million By 2028
Arthur Hayes, Chief Investment Officer of Maelstrom and co-founder of BitMEX on Thursday said that foreign capital repatriation and the devaluation of U.S. Treasury bonds will be the twin forces driving Bitcoin (CRYPTO: BTC) to $1 million within the next presidential cycle. What Happened: His thesis is rooted in...
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