Tag: Crypto

A quant has explained how Bitcoin could still have room to rise based on the trend forming in this popular on-chain indicator. Bitcoin Short-Term Holder SOPR May Not Be Overheated Yet In a CryptoQuant Quicktake post, an analyst has discussed the Spent Output Profit Ratio (SOPR) of the Bitcoin...

In the wake of President-elect Donald Trump’s victory on November 5, there has been a notable surge in interest surrounding Bitcoin (BTC) and other digital assets. This trend is prompting global firms and governments to explore integrating leading cryptocurrencies into their treasury reserves, a shift that reflects a broader acceptance...

Rapper Heather Morgan, known as the ‘Crocodile of Wall Street’, is set to serve 18 months in prison for conspiring with her hacker husband to launder billions of dollars of stolen Bitcoin (CRYPTO: BTC). What Happened: Morgan, 34, was sentenced on Monday in a federal court in Washington for...

The global cryptocurrency market continues to attract significant investor interest as crypto investment products recorded a substantial influx of funds last week. According to CoinShares’ latest weekly report, crypto funds registered a net inflow of $2.19 billion globally, bringing year-to-date (YTD) net inflows to a record high of $33.5...

Asset management firm Ark Invest recently expressed a bullish view on the future of real-world asset (RWA) tokenization and its potential impact on the broader digital assets industry. What Happened: In the weekly newsletter shared Monday, the Cathie Wood-led firm Ark Invest spoke about Tether’s (CRYPTO: USDT) latest move into...

Nepal’s Financial Intelligence Unit (FIU), in its Strategic Analysis Report 2024, revealed that the country’s blanket ban on crypto trading has become a significant obstacle for fraud victims seeking to report their cases to authorities. Digital Asset Ecosystem In Nepal At A Glance The FIU is a division of...

A Washington State University economics professor has cast doubt on the effectiveness of the newly proposed Department of Government Efficiency named after cryptocurrency Dogecoin (CRYPTO: DOGE) in addressing the federal deficit, highlighting data showing most government spending goes to entitlement programs rather than bureaucratic salaries. What Happened: Christopher Clarke,...

Hedera (CRYPTO: HBAR) soared to the top of the daily gainers list Monday as blue-chip cryptocurrencies traded flat. What happened: HBAR, the native coin of the Hedera Hashgraph network, rallied 35% in the last 24 hours to hit a seven-month high. The cryptocurrency’s trading volume more than tripled in...

Renowned economist Peter Schiff took a cheeky dig at the swift pace at which MicroStrategy Inc. (NASDAQ:MSTR) was executing its Bitcoin (CRYPTO: BTC) purchase plan. What Happened: On Monday, Schiff took to X to comment on the Michael Saylor-led company’s aggressive Bitcoin buying strategy. He noted that the company...

The social media account of a well-known educational platform was reportedly targeted in a cyberattack, leading to its unauthorized compromise. Giggle Academy founder Changpeng Zhao told followers of Giggle Academy to be cautious in dealing with their X account, confirming that their social media account had been hacked. Efforts...