Mantra founder and CEO John Mullin has begun an $80 million burn of OM tokens to regain users’ trust following the token’s crash earlier in April. However, the question of the underlying reasons for the crash remains unanswered, blockchain investigators told Cointelegraph. Unpacking Mantra’s OM crash would require a detailed forensic study rather than just […]
Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates. According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport, a crypto financial services company founded by Bitdeer chairman Jihan Wu. The […]
Organized crime groups across Southeast Asia have scaled their operations by exploiting cryptocurrency and launching their own coins, exchanges and blockchain networks to launder billions of dollars, according to a new report from the United Nations Office on Drugs and Crime (UNODC). The report said criminal syndicates are no longer just using existing crypto infrastructure. […]
Bitcoin (BTC) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin price faces stiff resistance on the […]
As uncertainty in the broader market looms over the crypto space, some market pundits remain remarkably upbeat—especially when it comes to XRP. A anonymous cryptocurrency analyst referred to as “Papa” sees XRP reaching a price of up to $14 despite the latest challenges besetting the digital money. The bold prediction comes amid XRP fighting to […]
IA souveraine. Le petit pays centraméricain du Salvador continue de surprendre par ses initiatives innovantes. En effet, après avoir adopté le Bitcoin comme monnaie nationale, le gouvernement de Nayib Bukele a décidé de miser sur l’intelligence artificielle pour soutenir son économie. Et c’est dans ce contexte que vient d’être signée une lettre d’intention avec le […]
Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the growing synergy between crypto and traditional finance (TradFi). “There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange. “Crypto players […]
This might be your last chance to buy Bitcoin below $100K, says Arthur Hayes, the co-founder of BitMEX. Hayes also hinted at an incoming treasury buyback, which might just be the catalyst Bitcoin needs. $BTC has gained around 3% during the last two days and has crossed the resistance at $87K. With increasing whale activity […]
The cryptocurrency market has witnessed a surge in the adoption of automated trading solutions, with trading bots gaining prominence for their ability to analyze vast data sets and execute trades with precision. Cointelegraph has dissected historical bot revenues and token price rollercoasters and backtested strategy returns against the buy-and-hold yardstick to decode what bots shine […]
Cryptocurrency exchange-traded products (ETPs) showed signs of recovery last week with minor inflows after shedding more than $1 billion in outflows in the previous two weeks. Crypto investment products saw modest inflows of $6 million during the week of April 14–18, reflecting mixed investor sentiment, CoinShares reported on April 22. “While the week began with […]
Depuis plusieurs jours, le cours du Bitcoin est en train de rebondir. Malgré les tarifs douaniers de Trump, le cours du Bitcoin a réussi à conserver les 80 000 $. Et le cours tente maintenant de revenir au-dessus des 90 000 $. Si la situation macroéconomique s’améliore, le BTC pourrait en profiter pour rejoindre les […]
As Bitcoin (BTC) approaches the $90,000 mark, Ethereum (ETH) remains in a consolidation phase, trading just above $1,500. This divergence in price movements has sparked discussions among crypto analysts regarding the potential future trajectory of Ethereum, particularly in light of Bitcoin’s bullish momentum. Ethereum Bull Run Potential Crypto analyst Ali Martinez recently shared insights on […]
En août dernier, Pavel Durov, le fondateur de Telegram, est arrêté en France. Celui-ci faisait l’objet d’une enquête concernant les activités illicites qui pouvait être menée sur sa plateforme. Toutefois, il a finalement été autorisé à quitter le territoire au mois de mars suite à la suspension de son contrôle judiciaire. Malheureusement, face à un […]
US-based publicly traded crypto exchange Coinbase confirmed that it is considering applying for a US federal bank charter. In a statement sent to Cointelegraph, Coinbase said it is considering pursuing a US federal bank charter, according to a company spokesperson. “This is something Coinbase is actively considering but has not made any formal decisions yet,” […]
Oregon Attorney General Dan Rayfield’s lawsuit against Coinbase argues that XRP and other digital assets are unregistered securities. Rayield sued US-based, publicly traded crypto exchange Coinbase for allegedly violating Oregon’s securities law. In an April 18 announcement, the Oregon Department of Justice said the suit was part of an effort to fill what it described […]
XRP (XRP) has been trapped within a tight range over the last eight days. The altcoin was trading just above its $2.00 support after a marketwide recovery over the weekend. Onchain and technical data now show that the XRP/USD pair is well-positioned for a breakout toward $3.00. XRP/USD daily chart. Source: Cointelegraph/TradingView XRP whale accumulation […]
A Solana address with over 1 million tokens is sitting on more than $153 million in profit after a four-year staking play on the crypto asset. Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly 1 million Solana (SOL) tokens in 2021. At the time of the staking, Solana tokens […]
The XRP price crossing the $10 mark into the double-digit territory remains a widespread school of thought, and crypto analysts have, at different points, shared analyses that seem to support this notion. Most especially, since the XRP price broke the $3 mark and is now holding support above $2, it has given fuel to these […]
La première puissance économique mondiale a un talon d’Achille bien connu, mais rarement débattu à fond : sa dette colossale. Alors que les projecteurs sont souvent braqués sur les taux d’intérêt ou les guerres commerciales, un autre front s’ouvre : celui du refinancement de la dette publique américaine, aujourd’hui estimée à plus de 36 000 […]
Amid gold reaching new highs above $3,500, Peter Schiff — a prominent gold advocate and Bitcoin critic — argued that the precious metal is money, fueling backlash from the crypto community. “Gold is not just any commodity, it’s money,” Schiff wrote in an X post on April 22 after gold prices briefly broke above $3,500. […]