XRP/USDT pair has broken above the large descending channel and the 200-day moving average. The $0.7 level is a probable target before a longer-term destination of $ 0.9. On the Bitcoin pair, things look quite different in the grand scheme of things. The market has recently tested the 800 SAT long-term support area and rebounded …
Category: News
Mar 10 2024
US: Two Sentenced for Exploiting Bankrupt Individuals in Fraud Scheme
Brian Fenner, 45, of Indiana, and Dennis Birkley, 64, of Wisconsin, received sentences of 77 and 60 months, respectively, in U.S. federal prison for several counts of fraud and money laundering. The charges stemmed from a fraudulent “free bankruptcy program” the two conjured up. “These two men shamelessly exploited the financial difficulties of their victims …
Mar 09 2024
Bitcoin With a Monster Monthly Candle, Solana Explodes, Memes Soar: This Week’s Recap
The total cryptocurrency market capitalization exploded to $2.4 trillion (per CoinGecko) as BTC charted a 21.3% increase in the past seven days alone. The rest of the market followed suit, and even Ripple’s XRP, which was lagging throughout most of the year, increased by 10%. Solana took the main stage and surging by 30%. Meme …
Mar 09 2024
Cathie Wood’s Ark Invest Dumps Coinbase and GBTC Shares Amid Market Revival
Ark Invest reduced its crypto-related holdings, shedding 42,613 shares of Coinbase and a substantial 100,739 shares of the Grayscale Bitcoin Trust (GBTC) The move was executed amid a Bitcoin-led crypto rally that has captured the attention of investors worldwide. Meanwhile, Ark Invest recently its spot Bitcoin ETF filing in response to feedback from the SEC. …
Mar 09 2024
Seneca Recovers 80% of Funds After $6.4M Exploit
The Seneca Protocol hacker has given back $5.3 million worth of Ether tokens after draining $6.4 million. Initial investigations suggested that an approval mechanism bug in the protocol’s smart contract was exploited. The stablecoin protocol had recently confirmed roping in with law enforcement but offered leniency, stating the team wouldn’t take legal steps if the …
Mar 09 2024
All Optimism Holders in Profit as OP Breaks All-time High: ITB
OP, the native token of Optimism, is currently in profit following its surge past its all-time high. Over one million addresses holding OP, including wallets that acquired the token at $4.01, are currently in the money. OP has seen significant growth in recent months, staying afloat as one of the top performers among large-cap altcoins. …
Mar 08 2024
Azerbaijani Police Raid Toplum TV and Democracy Group, Detaining 7
Police raided the office of independent media outlet Toplum TV and arrested its journalists on accusations of smuggling. About half were released several hours later, but the remaining journalists remain in custody. Police subsequently searched an office of a political organization established in December by a group of local democracy activists. Akif Gurbanov, who heads …
Mar 08 2024
Yulia Navalnaya: Vladimir Putin Killed My Husband
“Shamefully, cowardly, without ever looking him in the eye or even mentioning his name,” Navalnaya said. Three days after the Russian Federal Penitentiary Service announced Navalny’s death, his family and lawyer are still being denied access to his body. “He also wanted to kill our hopes, our freedom, and our future… to destroy and erase …
Mar 08 2024
Was Justin Sun The Mysterious Ethereum Whale Who Bought $160M in ETH?
$160.7 million in ETH acquisition based on the associated address. Justin Sun, the founder of Tron, could be the individual behind the acquisition. The wallet, recognized by the partial address “TWGHNc,” has been examined for its transactions, including a withdrawal of 500 million USDT in Tether from HTX, previously known as Huobi. The correlation between …
Mar 08 2024
Why Is Bitcoin (BTC) Price Down 15% Since the ETF Approvals? ChatGPT Rival Weighs in
The US Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs to be traded on financial markets last week. But they turned out to be a sell-the-news event, after which the price of the underlying asset slumped by 15% in a week or so. Since then, BTC has been unable to recover …