Bitcoin Miners Now ‘Extremely Underpaid’: A Ticking Time Bomb?
On-chain data suggests the Bitcoin miners are currently quite underpaid. Could this trigger a selloff from these chain validators? Bitcoin Miners Are Extremely Underpaid According To This Model As pointed out by analyst IT Tech in a CryptoQuant Quicktake post, the Miner Profit/Loss Sustainability has recently seen a sharp...
Read More
Here’s How Bitcoin Volatility Cost a Veteran Swing Trader $35M
A stunning misstep amid Bitcoin’s recent price swings caused by escalating Middle East tensions has reportedly seen seasoned crypto trader AguilaTrades lose over $35 million in just two weeks. According to a detailed thread posted on X by on-chain analytics account Lookonchain on June 23, the punter’s aggressive leveraged...
Read More
Fake Crypto Academy Swindles Florida Investor Of Nearly $1 Million In Life Savings
According to court papers filed last week, a Florida man lost $860,000 after signing up for a crypto trading school that turned out to be a scam. He thought he had found a path to quick profits. Instead, his funds vanished into thin air. Fake Trading School Scheme Based...
Read More
FTX Pushes Back on Three Arrows Capital’s $1.53 Billion Claim
The team winding down FTX’s bankruptcy is firing back at a massive claim filed by collapsed hedge fund Three Arrows Capital, better known as 3AC. The $1.53 billion claim, according to FTX’s legal filing, is not only exaggerated but also based on flawed assumptions and poor risk management by...
Read More
Fed Drops ‘Reputational Risk’ Standard, Easing Path for Crypto Banking
The Federal Reserve has officially joined the FDIC and the OCC in removing “reputational risk” from the list of factors used to assess whether banks can do business with certain industries. This quiet but significant update could change how banks engage with the crypto world. For years, crypto companies...
Read More
Huione marketplace death sprouts 30 more in its place: Elliptic
Huione Guarantee’s shutdown sent “shockwaves” through the ecosystem but also left a vacuum for other crypto darknet marketplaces to fill....
Read More
Bitcoin Tops $106,000; Ethereum, Dogecoin Surge As Trump Announces Iran-Israel Ceasefire — Analyst Sees 23.6% BTC Spike If This Happens
Leading cryptocurrencies rallied Monday after President Donald Trump said Israel and Iran have agreed to a ceasefire to halt ongoing hostilities. Cryptocurrency Gains +/- Price (Recorded at 9:10 p.m. ET) Bitcoin (CRYPTO: BTC) +4.29% $105,196.74 Ethereum (CRYPTO: ETH) +7.59% $2,407.12 Dogecoin (CRYPTO: DOGE) +8.22% $0.1639 What Happened: Bitcoin topped...
Read More
Ethereum Eyes Breakout Toward $4,204 With Key Technical Formation In Play
Given the heightened volatility observed in the general crypto market during the weekend, Ethereum once again lost the $2,500 price mark, which led to a notable pullback close to $2,200. However, ETH has not fully lost its potential to rally as technical developments hint at a major rebound in...
Read More
ETH Surges 9% as Crypto Market Celebrates Trump’s Ceasefire Announcement
Ether (ETH) ETH is trading at $2,420, up 8.61% over the past 24 hours, after surging sharply in the hours following former U.S. President Donald Trump’s unexpected announcement of a ceasefire agreement between Israel and Iran, according to CoinDesk Research’s technical analysis model. The move appears to have reversed...
Read More
Bitcoin Busts Past $106K on Reported Iran/Israel Ceasefire
A wild 72-hours of price swings continued in crypto late in the U.S. day on Monday after President Trump took to Truth Social to proclaim a “complete and total” ceasefire between Iran and Israel. “It has been fully agreed by and between Israel and Iran that there will be...
Read More