Bitcoin pulled the entire crypto industry up by the bootstraps after it skyrocketed to a record-breaking price of $122,838 last Monday. This achievement reignited bullish momentum among traders, but Bitcoin has since pulled back 3.5% although hopes are still high for a fresh breakout soon. This impressive upswing has also propelled major altcoins and the…
Anthropic’s AI model, Claude, anticipates that multiple leading altcoins could achieve unprecedented highs in late 2025, propelled by Bitcoin’s formidable upward trajectory. Bitcoin shattered records last Monday by hitting $122,838, a feat analysts argue could accelerate global crypto adoption if the bullish momentum continues. This strong surge has reignited optimism throughout the digital assets sector,…
The cryptocurrency derivatives market has suffered heavy liquidations as altcoins like XRP (XRP) and Dogecoin (DOGE) have plummeted. Crypto Has Seen Almost $1 Billion In Liquidations During The Past Day According to data from CoinGlass, the cryptocurrency derivatives sector has been shaken up by a wave of liquidations in the last 24 hours. “Liquidation” here…
WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14 million in crypto. The exchange said it is investigating the “contained incident” and revealed that the breach resulted in unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals as a precaution. It added in its statement that it…
Indian crypto exchange WazirX has revealed the date for a creditor revote that, if passed, could pave the way for the long-awaited fund distribution. WazirX Has Revealed The Creditor Revote Timeline In a post on X, WazirX has shared an update on the situation regarding user crypto distribution. The exchange fell prey to an infamous…
Joseph Lubin’s cryptocurrency enterprise has undergone a recent personnel rearrangement, according to recent reports. In the last two years, Consensys has reduced its workforce by 38% amid institutional turmoil, legal battles, and macroeconomic setbacks. Further Restructuring Efforts According to Tuesday’s Bloomberg report, the company behind the MetaMask wallet will reduce its workforce by 7%, or 49…
SPK, the native token of the decentralized finance (DeFi) platform Spark, surged to a new all-time high yesterday. However, the rally was short-lived. In the hours following its peak, SPK has tumbled by almost 25%, as waves of profit-taking from holders have triggered a reversal in momentum. SPK’s Rally Stalls: Net Outflows Surge and Bearish…
XRP dropped over 11% from its July 17 high of $3.65 after Ripple co-founder Chris Larsen transferred 50 million XRP to several addresses. Blockchain sleuth ZachXBT reported that approximately $140 million worth of those tokens landed on centralized exchanges or off-ramp services. Chart Shows Clear On-Chain Correlation With XRP Price Drop The move sparked market…
William Duplessie and John Woeltz, the two suspects behind New York City’s Bitcoin torture plot earlier this summer, were each granted $1 million bail this week on charges tied to the NYC crypto torture case, ABC News reported on Thursday. William Duplessie, John Woeltz, Land Bail in Shock Case According to the July 24 report,…
The Shiba Inu price has plunged by 7.5% in the past 24 hours, dropping to $0.00001364 as most major alts suffer big losses today. This means that SHIB has fallen by 5% in a week, and while it does remain up by 16% in a month, it has also suffered a disappointing 21% decline in…