We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
Kevin Svenson, a cryptocurrency analyst and trader, suggests that Bitcoin (BTC) may be poised for a rally in the forthcoming days and weeks. Svenson, addressing his 71,600 YouTube subscribers, indicates that if Bitcoin achieves a weekly close above the resistance zone near $44,000, it could potentially trigger a rally of slightly over 40% from its…
Celsius Network, a troubled crypto lending platform, has completed the distribution of over $3 billion in assets to its creditors after an 18-month bankruptcy journey. The restructuring process involved collaboration with regulatory bodies and innovative strategies, including alternative settlement agreements and converting less liquid altcoins into major cryptocurrencies like Bitcoin and Ethereum. The majority of…
Following Elon Musk’s legal challenges in Delaware, Balaji Srinivasan has proposed Decentralized Autonomous Organizations (DAOs) as viable alternatives for companies considering incorporation on both the Ethereum and Solana blockchains. What Happened: This coincides with Musk sharing an opinion piece from the Wall Street Journal titled “Delaware Is Trying Hard To Drive Away Corporations.” Now, Srinivasan…
summary The platform’s priority is now to fully reimburse its customers’ funds. FTX has scrapped its exchange reboot plan due to insufficient capital. FTT tokens experienced a 35% decline as whales began selling them in response to the platform’s disclosure. FTX, a bankrupt crypto exchange, has scrapped its plans to relaunch as FTX.com and opted…
ZachXBT disclosed an incident involving Ripple, which led to the unauthorized acquisition of 213 million XRPs. Following ZachXBT’s report on the hack, XRP, trading at $0.4976 at the time, experienced a decline of over 5%. After ZachXBT’s disclosure of the hack, XRP, which was trading at $0.4976, witnessed a decrease of more than 5%. In…
If you’re on the lookout for the top meme coins to invest in during 2024, you’ve come to the right place. This exploration into the crypto space delves into the phenomenon of meme coins, digital tokens crafted around internet memes or ideas, often originating as light-hearted jokes. Some of these coins have defied expectations, achieving…
The omnibus bill, officially known as the “Law of Foundations and Starting Points for the Freedom of Argentines,” previously allowed taxpayers to declare ownership of certain undisclosed assets, including cryptocurrencies. This provision aimed to reduce associated payments and fees. The bill encompassed a range of reforms designed to advance various areas, and one significant aspect…
In a recent development within the Ripple ecosystem, a security breach occurred involving the personal XRP accounts of co-founder Chris Larsen, resulting in the illicit access and theft of approximately 213 million XRP, with an estimated value exceeding $110 million. Initial reports on the incident seemed to suggest a broader attack on Ripple, but CEO…
Three families affected by the October 7 Hamas attack in Israel have started legal proceedings against the cryptocurrency exchange Binance and its former CEO Changpeng Zhao. What occurred: The families, including former hostages, relatives of victims, and the estate of a deceased doctor, have filed a lawsuit under the U.S. Anti-Terrorism Act. The lawsuit, submitted…
Certain traders might have speculated incorrectly on the token’s price, while a 17-year-old trader asserts to have earned $1 million from airdrops of the authentic Jupiter token. A defunct Ethereum-based protocol with a similar ticker to the Solana-based Jupiter’s “JUP” briefly surged over 430% in response to the $700 million airdrop announcement. However, its price…