Dogecoin Scooped By Whales In Large Numbers As Memecoin Plunges Further: Analyst Says Rally Toward New Highs On The Cards If DOGE Crosses This Level
Large Dogecoin (CRYPTO: DOGE) investors took advantage of the meme coin’s ongoing downturn to increase their stockpile. What happened: Influential cryptocurrency analyst Ali Martinez highlighted in an X post on Thursday that whales bought the dip, snapping up over 530 million DOGE tokens in the last three days. Whales...
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Panic Selling Bitcoin Now Is A Mistake – Crypto Expert Explains Market Dynamics
Bitcoin (BTC) is currently trading below key demand levels after losing the $90K mark earlier this week. The price has tagged fresh lows, and bulls have lost control as the market faces intense selling pressure. BTC has dropped 14% in less than three days, entering a panic selling phase...
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Bybit hacker launders more than 50% of the $1.4B stolen Ethereum in less than a week
The hacker behind the $1.4 billion Bybit exploit has already laundered more than 50% of the stolen Ethereum, primarily using THORChain to swap ETH for Bitcoin. According to blockchain analytics firm Spot On Chain’s Feb. 28 post on X, the…...
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Bitcoin, crypto ‘dip buy hype’ is now at its highest level in 7 months
Traders on social media seem keen to buy the dip, but onchain analytics platform Santiment says this doesn’t necessarily mean it’s time to buy yet....
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Jamie Dimon Was A Believer In Smart Contract Cryptos Long Before JPMorgan Hit The Buy Button On Ethereum ETFs: Here’s What The CEO Said
Jamie Dimon, the CEO of banking heavyweight JPMorgan, has acknowledged the importance of smart contracts-based cryptocurrencies, in stark contrast to his views on Bitcoin (CRYPTO: BTC). What happened: During a CNBC interview in January 2023, the CEO of the world’s most valuable banking company stated that cryptocurrencies with embedded...
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FBI Links $1.5 Billion Bybit Hack to North Korea’s Lazarus Group
The Federal Bureau of Investigation (FBI) has officially attributed the recent $1.5 billion cyberattack on cryptocurrency exchange Bybit to North Korea’s state-sponsored Lazarus Group. The attack, which occurred on February 21, saw hackers infiltrate one of Bybit’s cold wallets and steal over 41,000 ETH. This breach added to a...
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TRUMP, Dogecoin, PEPE Type Memecoins Not Securities, Says The SEC But Fraud Related To Offer And Sale Subject To Enforcement
The Securities and Exchange Commission clarified on Thursday that memecoins do not fall under the purview of federal securities laws, although fraudulent activities involving memecoins could still be subject to legal consequences. What happened: The SEC’s Division of Corporation Finance stated in a press release that cryptocurrencies inspired by...
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Pakistan Plans New Council for Crypto Regulation: Report
According to a recent report by Dawn, Pakistan is set to establish a National Crypto Council to oversee digital asset regulation in the country. This decision marks a significant policy shift as Pakistan moves toward embracing cryptocurrencies, a stance that contrasts with its previous resistance. Pakistan To Create Crypto...
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Ripple Expands In South Korea With Major Partnership
Ripple has announced a strategic partnership with BDACS, a prominent digital asset custody firm in South Korea, on Thursday. The collaboration aims to advance institutional-grade custody services and expand the digital asset ecosystem, particularly for XRP and RLUSD, within the country’s evolving regulatory landscape. Ripple Lands Next Major Customer...
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Hyperliquid surpasses Solana in weekly fees. Will HYPE price surge?
Hyperliquid, the decentralized perpetual futures trading platform, has overtaken Solana in weekly fees just a few months after its launch. According to DefiLlama’s Feb.28 data, Hyperliquid (HYPE) made $12.61 million in fees over the last week, more than Solana’s (SOL)…...
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