Archives par catégorie: Business

Coinbase Ranks As Second Largest ETH Staking Entity As Lido’s Dominance Raises Concerns

Coinbase Ranks As Second Largest ETH Staking Entity As Lido’s Dominance Raises Concerns

Prominent crypto exchange Coinbase has emerged as the second largest ETH staking entity based on a recent scoop by Chinese reporter Colin Wu. This development comes amidst growing concerns about network centralization in regard to Lido’s dominance in the ETH staking market.  Coinbase Accounts For 14.1% Of ETH Staking Activity – Report According to Wu, a […]

Dogecoin In A Dire Position As Daily Active Addresses Drop Drastically

Dogecoin In A Dire Position As Daily Active Addresses Drop Drastically

Dogecoin, which began as a meme cryptocurrency, has demonstrated that it can compete successfully in the crypto market. Although Dogecoin is still the biggest meme crypto, on-chain data points to the crypto losing steam among whale investors. According to data from IntoTheBlock, the number of Dogecoin transactions valued at $100,000 or more has declined sharply […]

Binance Immense XRP Holdings Exposed In Detailed Proof of Reserves Report

Binance Immense XRP Holdings Exposed In Detailed Proof of Reserves Report

Binance, the largest crypto exchange in the world, just released its 11th report for its reserves, and the numbers are staggering as always. According to the report, Binance’s XRP holdings, in particular, have increased in the past month. This is evident, as there have been reports of investors depositing XRP into exchanges in the past […]

Here’s How Sam Bankman-Fried Allegedly Used Customer Funds On Alameda Research

Here’s How Sam Bankman-Fried Allegedly Used Customer Funds On Alameda Research

On day four of the criminal trial of former FTX CEO Sam Bankman-Fried, Gary Wang, who co-founded the now-bankrupt crypto exchange and served as its former chief technology officer (CTO), testified. During his testimony, the former FTX executive revealed details about the connection between the cryptocurrency exchange and Alameda Research. FTX’s Sam Bankman-Fried Allegedly Gave […]

Solana Outshines Rivals On Weekend Top 10 Roster With 18% Rally

Solana Outshines Rivals On Weekend Top 10 Roster With 18% Rally

Solana experienced a significant surge of approximately 20% during the last few days of September and into the first week of October. This sudden price increase has piqued the interest of investors and enthusiasts alike, sparking discussions about its underlying causes. One prominent question on people’s minds is whether this uptick in SOL’s value is […]

Avalanche-Based Stars Arena Falls Victim To A $3 Million Exploit, TVL Tanks By 100%

Avalanche-Based Stars Arena Falls Victim To A $3 Million Exploit, TVL Tanks By 100%

Stars Arena, a decentralized social media platform built on the Avalanche network, has suffered a major security breach, resulting in the loss of a significant amount of cryptocurrency. This comes barely a day after the decentralized application (dApp) reportedly fixed a loophole in its smart contract. On Thursday, October 5, the Stars Arena team said […]

Inside Job Suspected As Huobi Wallet Falls Victim To $263,000 Exploit

Inside Job Suspected As Huobi Wallet Falls Victim To $263,000 Exploit

According to multiple reports, iToken, formerly known as Huobi Wallet, fell victim to a crypto heist in the last week, leading to the loss of $263,000 worth of users’ assets. The incident draws much attention following recent police investigations into some of Huobi’s former staff. $263,000 Drained From Huobi Wallet – Could There Be An […]

When Are AMMs Coming To XRP Ledger? Ripple CTO Gives Clear Answer

When Are AMMs Coming To XRP Ledger? Ripple CTO Gives Clear Answer

Following the announcement that the AMM functionality would be proposed as an amendment under the latest rippled version, many in the XRP community have continued to wonder how soon it could be implemented if passed. As a result, Ripple’s Chief Technology Officer (CTO) David Schwartz has provided some answers to the community to quench speculations. […]

Bitcoin Price: El Salvador Crypto Advisor Predicts Explosive Rise To $220,000

Bitcoin Price: El Salvador Crypto Advisor Predicts Explosive Rise To $220,000

In a recent development, Bitcoin proponent and crypto advisor to El Salvador’s President Max Keiser has made a future prediction for the Bitcoin price, joining the ranks of analysts who have made bold assertions about the flagship cryptocurrency’s trajectory.  Keiser Says Bitcoin Price To $220,000 In a tweet shared on his X (formerly Twitter) platform, […]

Solana Enhances Privacy Offerings As SOL’s Uptrend Persists With 4% Gains

Solana Enhances Privacy Offerings As SOL’s Uptrend Persists With 4% Gains

Solana (SOL), a layer 1 proof-of-stake blockchain, has introduced version 1.16, which enhances user privacy through “Confidential Transfers.” This update includes encrypted Solana Program Library (SPL) token transactions, ensuring confidentiality rather than anonymity.  The adoption of version 1.16 by Solana’s network of validators has reached a majority after ten months of development and an audit […]

39-Month Cycle Says XRP Price Is Poised For Breakout To $1,000, Here’s When

39-Month Cycle Says XRP Price Is Poised For Breakout To $1,000, Here’s When

A crypto analyst has presented a 39-month analysis that could determine when the XRP price will rally to a new all-time high. The analysis marks a return of this trend, which could see XRP rise as high as $1,000. The 39-Month Cycle Pseudonymous crypto analyst NeverWishing on TradingView has presented a rather convincing 39-month cycle […]

Bitcoin Price Projection Soars: BTC-Gold Ratio Indicator Proposes $120,000 Price Target

Bitcoin Price Projection Soars: BTC-Gold Ratio Indicator Proposes $120,000 Price Target

Over the past week, Bitcoin price has displayed a notable bullish momentum. This comes after a prolonged consolidation phase during which the leading cryptocurrency remained stagnant below the $27,000 mark for an entire month. However, with the recent breakout and the resurgence of bullish sentiment in the market, experts are now predicting a potential surge that […]

Is Ethereum’s Staking Boom A Ticking Time Bomb? JPMorgan Weighs In

Is Ethereum’s Staking Boom A Ticking Time Bomb? JPMorgan Weighs In

Ethereum (ETH), a forerunner in the decentralized finance (DeFi) ecosystem, has seen a notable surge in its staking activities. This staking boom has raised eyebrows among experts from JPMorgan concerned over ETH’s increase in centralization and the consequences that may arise. Ethereum, aiming to transition to a proof-of-stake consensus mechanism, opened the floodgates for staking. […]

Bitcoin News: Here Is When BTC Could Revisit $20,000 One Last Time, Analyst Says

Bitcoin News: Here Is When BTC Could Revisit $20,000 One Last Time, Analyst Says

Based on several factors, the latest Bitcoin news points to a potential bullish continuation in the long term. However, the short term remains uncertain; the cryptocurrency continues to trade in a tight range, although BTC has shown a spike in volatility. As of this writing, the Bitcoin price trades at $25,500 with a 2% loss […]

Ripple Vs. SEC: Crypto CEO Predicts SEC Will Drop Charges Against Executives

Ripple Vs. SEC: Crypto CEO Predicts SEC Will Drop Charges Against Executives

The civil trial of the US Securities and Exchange Commission’s (SEC) case against Ripple and its top executives, Brad Garlinghouse and Chris Larsen, is set to commence on April 23, 2024. However, the Founder of Dizer Capital, Yasin Mobarak, believes that the SEC will withdraw its charges against Garlinghouse and Larsen before then. Why The […]

Chainlink To Go “Parabolic” After Breaking 28-Month Downtrend?

Chainlink To Go “Parabolic” After Breaking 28-Month Downtrend?

Chainlink (LINK) is trading at $7.60, still unable to escape the range between $5 and $8 it has spent over a year in. Its recent attempt at a rally, however, has triggered an important “parabolic”signal following a length, 28-month long downtrend. Chainlink Taps Parabolic SAR After 28-Month Downtrend Chainlink earned itself a reputation as a […]

These Bitcoin Holders Have Bought Almost $2 Billion In Last 6 Weeks: Data

These Bitcoin Holders Have Bought Almost $2 Billion In Last 6 Weeks: Data

On-chain data shows that mid to large Bitcoin holders have purchased almost $2 billion in the asset during the past six weeks. Bitcoin Holders With 1 To 10,000 BTC Have Neared All-Time High Holdings According to data from the on-chain analytics firm Santiment, the mid to large-sized BTC addresses have added 71,555 BTC to their […]

Shiba Inu Whale Moves $33 Million In SHIB, Here’s The Destination

Shiba Inu Whale Moves $33 Million In SHIB, Here’s The Destination

A Shiba Inu whale recently transferred a whopping $33 million in SHIB tokens off a crypto exchange into an unknown wallet. According to on-chain data from Whale Alerts, over 4.58 trillion Shiba Inu tokens worth $33.13 million have made their way into a private wallet from the crypto exchange Bitvavo.  Details Of The Whale Transfer […]

XRP Price On The Cusp Of Major Uptick To $1.4: Crypto Analyst

XRP Price On The Cusp Of Major Uptick To $1.4: Crypto Analyst

A new XRP price prediction from notable crypto analyst, EGRAG CRYPTO, has investors buzzing. Based on a multi-timeframe analysis, Egrag believes XRP is showing considerable strength, hinting at a potential surge to $1.4. The analyst elucidated his predictions in a tweet, stating, “XRP Color Code To $1.4 – UPDATE: Trying to showcase the sheer strength […]

Dogecoin Under Pressure: Will Bearish Momentum Push Meme Coin Below $0.06?

Dogecoin Under Pressure: Will Bearish Momentum Push Meme Coin Below $0.06?

Dogecoin (DOGE) finds itself at a critical juncture. The $0.06 support level, a longstanding stronghold for buyers since early June, now faces increasing selling pressure that could potentially send DOGE sinking below this key level.  Support and resistance zones, like the $0.06 mark, are pivotal in assessing the direction of price movements in the crypto […]