Leading meme coin Shiba Inu (SHIB) has been caught in a descending parallel channel since July 23, shedding over 20% of its value. On-chain data suggests that the altcoin could face additional bearish pressures, with waning demand pointing to a further downward move. SHIB Faces Bearish Pressure as Investor Confidence and Demand Fade Readings from…
Paxos Trust Company has agreed to a $48.5 million settlement with the New York State Department of Financial Services (NYDFS) over allegations it failed to monitor illicit activity linked to its former partner, cryptocurrency exchange Binance. NEW: DFS has secured a $48.5 Million settlement with Paxos Trust Company for anti-money laundering deficiencies and diligence failures….
Pudgy Penguins ($PENGU) has grown 12% to $0.0368, becoming Solana’s most valuable token with over 567,000 holders. However, after forming a double-top pattern, traders are watching to see if this meme coin can hold its ground or face a deeper pullback. Source: CoinMarketCap Pudgy Penguins ($PENGU) Soars From Memecoin to Solana Giant The recent listing…
Tether, the company behind the world’s largest stablecoin USDT, has made a new investment in Bit2Me, acquiring a minority stake in the Spanish crypto platform. As part of the deal, Tether is also leading a €30 million ($34 million) funding round to support Bit2Me’s expansion across Europe and Latin America. Tether Acquires Minority Stake in…
Momentum is building on the Solana network, with fresh on-chain records pointing to renewed strength beneath the surface. As altcoin season sentiment picks up, Solana has logged its highest-ever monthly non-voted transactions and transactions per second, signaling a sharp rise in real network usage. Despite still trading more than 75% below its all-time high, these…
Ripple, a leading force in enterprise blockchain and crypto-based payments, announced on Thursday its acquisition of stablecoin-powered platform Rail for $200 million. Today, we’re acquiring @RailFinancial: https://t.co/phM8Bnsa7m This strengthens Ripple’s leadership in crypto infrastructure and stablecoin payments by adding Rail’s robust back-office and virtual account capabilities to our global payments network. Learn how this deal…
Omni Network (OMNI) continues to ride a powerful bullish wave one week after its debut on South Korea’s top exchange, Upbit. As of now, the token trades at approximately $5, marking a 276% surge over the past 30 days, with the listing acting as a major catalyst in drawing global investor attention. Launched to tackle…
Cybersecurity firm SentinelLABS has uncovered a sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users. According to the report, the attackers use malicious Ethereum-based smart contracts disguised as trading bots to target individuals who follow seemingly educational content on YouTube. The report added that these scams have been active since early 2024…
After a period of downward trend, Bitcoin seems to have found its bullish traction once again, as the flagship crypto asset surges back to the $115,000 price mark. While BTC’s price has shifted from bearish to bullish action, there has been a significant rise in realized profits. Realized Bitcoin Profits Climb Sharply With Bitcoin reclaiming…
Курс Биткоина восстановился до отметки в $116 000. Вчерашний максимум составил $115 694. Биткоин удерживает восходящую линию тренда и 50-дневную SMA, ключевую зону слияния, за которой обычно следят трейдеры в ожидании продолжения бычьего тренда. BTC копит силы для повторного тестирования высоты в $123 000. Этому способствуют новые институциональные вливания: Satsuma Technology вложила в Биткоин $218…