News
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Binance’s userbase surpasses 200 million, while custodial asset holdings hit $100 billion
- June 10, 2024
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No CommentsBinance, the leading cryptocurrency exchange by daily trading volume, has achieved a remarkable milestone, reaching 200 million global users. On June 8, Binance celebrated this achievement across its social media channels, presenting the 200 million user mark as a significant step towards their ambitious goal of onboarding one billion users—approximately one in every eight people
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Millionaire trader predicts Bitcoin might plunge to $40,000 as market braces for impact
- June 10, 2024
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Bitcoin is currently trading at $69,300, showing a modest increase of less than 0.10%. However, a recent tweet from millionaire trader Zoran Kole (@Captain_Kole1) has stirred the market, adding a layer of uncertainty to Bitcoin price predictions. Kole, known for his market insights, posted a cryptic tweet mentioning “$44,444,” which references Bitcoin’s yearly opening price.
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NYSE-backed Bakkt considers sale amid crypto shake-up
- June 9, 2024
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Bakkt Holdings, the digital asset marketplace established by the parent company of the New York Stock Exchange (NYSE), is reportedly considering a potential sale amidst a surge in crypto-related activities. According to sources cited by BNN Bloomberg, the company has engaged a financial advisor to evaluate various strategic options, including the possibility of a breakup.
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Bitcoin experiences major drop as Roaring Kitty kicks off livestream
- June 9, 2024
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Bitcoin (BTC), the leading cryptocurrency, experienced a significant drop, hitting an intraday low of around $68,500. This downturn coincided with ‘Roaring Kitty’s’ YouTube livestream, which failed to stimulate the market. The decline was further influenced by a stronger-than-expected non-farm payroll report for May, which added 272,000 new jobs, thereby strengthening the US dollar. This development
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CoinGecko users exposed to phishing emails after data breach
- June 8, 2024
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Cryptocurrency data aggregator CoinGecko has confirmed a significant data breach involving its third-party email platform, GetResponse. This breach exposed over 23,000 users to phishing emails, coinciding with a new wave of crypto airdrop scams that have been reported to affect CoinGecko users. On June 7th, CoinGecko announced that GetResponse had suffered a data breach on
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Healthcare company Semler Scientific announces additional $17 million Bitcoin purchase
- June 8, 2024
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Semler Scientific (SMLR), a healthcare technology company that has recently turned to Bitcoin as a significant part of its corporate strategy, announced the acquisition of an additional 247 BTC, bolstering its corporate balance sheet. According to a press release issued late Thursday, the company spent $17 million on this latest purchase, including all fees and
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Bitcoin price rallies above $71,000, driven by ETF narrative
- June 7, 2024
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Bitcoin’s recent price action has sent ripples through the cryptocurrency market, breaking out of its previous trading range of $60,000 to $70,000 and surging to an intraday high of $71,671. While the cryptocurrency has retraced slightly to hover around $70,900, the breach of the significant psychological barrier of $70,000 signals a bullish sentiment among investors.
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Kelly DiGregorio expects bullish trajectory in retail NFT partnerships
- June 6, 2024
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Despite a recent drop in non-fungible token (NFT) sales, Kelly DiGregorio, Vice President of Business Development at OpenSea, remains bullish on the NFT sector, pointing to an influx of retail interest. While NFT data tracker CryptoSlam reported a 54% drop in global sales volume last month, with figures plummeting to $624 million from over $1
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Novogratz predicts $100,000 Bitcoin price by the end of 2024
- June 6, 2024
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Michael Novogratz, CEO of Galaxy Digital, made a daring prediction that Bitcoin may reach $100,000 by the end of the year, electrifying the cryptocurrency space. During an interview with Bloomberg Television, Novogratz expressed confidence that a swift rise to $73,000 in the coming weeks could set the stage for Bitcoin to achieve this landmark price.
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Avail secures $43 million in series A funding for increased data availability and rollup interoperability
- June 4, 2024
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Avail, a blockchain project with a laser focus on data availability, has secured an impressive $43 million in its Series A funding round. This bumps their total funding to a substantial $75 million, a strong signal of investor confidence in Avail’s ability to address some of Web3’s most pressing issues. Avail DA aims at solving