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One widely followed crypto analyst says Bitcoin’s latest rally is turning an old BTC resistance into new support.
Pseudonymous crypto trader Rekt Capital tells his 468,200 followers on the social media platform X that BTC’s 2% leap in the last 24 hours could be the end of a downtrend.
“BTC is breaking its Daily Downtrend”
Source: Rekt Capital/X
According to the analyst, the $60,000 price zone...
A major crypto investment firm is reportedly the latest victim of a security breach in the digital asset industry.
Bloomberg reports that hackers have compromised and partially drained the main hedge fund of BlockTower Capital.
The institutional investment firm with $1.7 billion in assets under management (AUM) has made investments in several Web3 firms, including blockchain and non-fungible...
New documents reveal that financial services giant Morgan Stanley is holding hundreds of millions of dollars worth of spot market Bitcoin (BTC) exchange-traded funds (ETFs).
According to data from market insights firm Fintel, the Wall Street giant recently disclosed its holdings to the regulatory agency, revealing that on May 15th, it purchased 4.27 million shares of the Grayscale Bitcoin Trust (...
A closely followed crypto analyst predicts one Ethereum (ETH) competitor is about to have a massive breakout against Bitcoin (BTC).
Pseudonymous trader Kaleo tells his 638,000 followers on the social media platform X that the smart contract platform Avalanche (AVAX) could soar against BTC by more than 84% from its current value.
“AVAX/BTC: I might be crazy bros, but I still believe AVAX rips...
May 16, 2024 – Zug, Switzerland
Web 3.0 data access layer Subsquid has confirmed that its SQD token is to list on several tier-one crypto exchanges.
The native Subsquid token will be simultaneously listed on Gate.io, Bybit, KuCoin, CoinList and MEXC Global on May 17, 2024.
Markets for trading SQD will open at 1:00 a.m. PST with an initial launch price of $0.094.
The multiple exchange listing...
May 16, 2024 – London, United Kingdom
Talos, the premier provider of digital asset trading technology for institutions, and One Trading, a crypto trading venue headquartered and regulated in the European Union, announced an integration designed to expand liquidity access for institutions.
As part of the collaboration, One Trading joins the Talos network of liquidity providers, expanding the...
The US Senate just passed a bill overturning SEC guidelines that disincentivize banks and large financial institutions from holding Bitcoin and crypto assets.
The legislation, which succeeded in the House last week, has now passed the Senate in a 60-38 vote and is headed to President Biden’s desk.
The bill reverses an SEC accounting rule that forces banks holding crypto on behalf of clients to...
UN Experts Say North Korea Laundered $147,500,000 in Stolen Crypto via Tornado Cash in March: Report
Members of a United Nations expert panel monitoring North Korea sanctions reportedly found a link between the totalitarian state and the crypto mixer Tornado Cash.
According to Reuters, a confidential document from the monitors told the U.N. Security Council sanctions committee that North Korea used Tornado Cash to launder $147.5 million worth of stolen crypto assets earlier this year.
The eight...
Coinbase has added a new Solana (SOL)-based decentralized exchange (DEX) altcoin to its listing roadmap.
On Tuesday, the top US crypto exchange put Drift Protocol (DRIFT) on the path towards being tradeable on its platform in the future.
Drift is an open-source DEX that enables transparent and non-custodial trading.
Explains the project,
“Drift was designed with a goal to be capital-efficient...
Widely followed cryptocurrency analyst Benjamin Cowen is warning that the price of Ethereum (ETH) could depreciate drastically.
Cowen tells his 801,000 YouTube subscribers that Ethereum has fallen below the bull market support band (BMSB), an indicator consisting of a 20-week simple moving average and a 21-week exponential moving average used to determine whether the price of an asset is in...