Crypto News 🚀 Bitcoin, Ethereum & Altcoins

$3.89 million in stolen crypto traced to Binance deposits! 💰 PeckShield has uncovered that approximately $3.89 million drained from compromised Ledger hardware wallets is now linked to deposit addresses on Binance via the Tron network. The incident, which involves over 300 wallets and total losses …

IMF Highlights Promise and Pitfalls of Tokenized Stocks The International Monetary Fund (IMF) has found rising investor interest in tokenized stocks, particularly for after-hours and fractional trading. However, their latest report warns that the market remains highly volatile and illiquid, with leg…

BitMine Completes Historic $350 Million Stock Buyback, Highlighting Strategic Shift 💰 In a bold move that could redefine its future, BitMine Immersion Technologies has completed a stunning $350 million stock buyback, marking what Tom Lee calls the largest such event in the cryptocurrency sector. Th…

Did you know Circle just minted 250 million USDC on Solana? This significant move is set to boost liquidity on the network, enhancing its adoption potential. While this is exciting news, market sentiment remains cautious regarding substantial price increases for Solana. Interestingly, the probabilit…

Ethereum ETFs Experience Largest Outflow Since January Investor confidence appears to be waning as funds face significant redemptions. What happened US spot Ethereum ETFs saw outflows of $542.1 million in the week ending October 9, marking the largest decline since late January. BlackRock’s ETHA wa…

Crypto Market Braces for Inflation Data Fallout 📉 The crypto market is on alert as the upcoming US Consumer Price Index (CPI) and Producer Price Index (PPI) inflation data, due next week, hold the potential to sway market dynamics significantly. Anticipated monthly CPI growth is pegged at 0.6%, whi…

Bitcoin Faces Headwinds as Demand Weakens: What's Next for BTC? Bitcoin is currently trading at approximately $83,000, following a recent rejection from the $86,000 to $90,000 resistance zone, which has raised concerns about the future trajectory of the leading cryptocurrency. Bitcoin's price actio…

What’s happening with Ethereum’s price? Ethereum is currently trading around $2.5K after a recent decline from its $2.7K resistance. This puts a key support level at risk. Interestingly, despite the price drop, ETH remains above its 100-day and 200-day moving averages. Did you know that the Relative…

Bitcoin Miners Halt Aggressive Selling: A Potential Turning Point for BTC Recent findings from CryptoQuant indicate that Bitcoin miners have significantly reduced their selling activity, which could have important implications for the price of Bitcoin and market dynamics. CryptoQuant's latest week…

Did you know? October marks a year since Bitcoin's biggest liquidation event! Last year's "Uptober" was notable for both soaring prices and a dramatic crash. Bitcoin hit an all-time high of over $126,000 before plummeting. In just 24 hours, more than $19 billion in leveraged positions were liquidate…

China Sets Ambitious Course for a National Blockchain 🇨🇳💻 In a bold move to bolster its digital economy, China has unveiled plans for a national blockchain network, signaling its intent to compete head-to-head with the United States. The Communist Party Central Committee and the State Council's fre…

Bitcoin and Ether Rebound, But Altcoins Remain Stagnant As we mark the one-year anniversary of a significant event in the cryptocurrency market, the stark divide between Bitcoin, Ether, and altcoins is evident. While the two largest cryptocurrencies show signs of recovery, the altcoin market still g…

Evernorth Merges with Armada Acquisition, Brings 473M XRP to Nasdaq This marks a significant step for XRP as it enters the public market. What happened Evernorth has finalized its merger with Armada Acquisition Corp. II, preparing for a Nasdaq debut with 473 million XRP and $300 million in gross ca…

Did you know Bitcoin's recent dip triggered over $2.4 billion in liquidations? Bitcoin has slipped from $85.7K to around $82.5K, causing major liquidations among long positions. Approximately 85%-93% of these liquidations hit traders betting on price increases. In just 24 hours, individual session…

Ethereum Wallet with 12,746 ETH Wakes After 10.2 Years Significant movements in dormant Ethereum wallets could shift market dynamics. • An Ethereum address holding 12,746 ETH has reactivated for the first time in 10.2 years. • The activation was flagged by blockchain tracker Whale Alert. • Similar o…

Did you know Binance is under DOJ scrutiny again? The US Department of Justice is reviewing if Binance breached its 2023 settlement related to sanctions compliance. This comes after reports of potential Iran-linked transactions slipping through. Interestingly, Binance faced penalties exceeding $4.3 …