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Bitcoin whales, major holders of the cryptocurrency, are increasingly accumulating more coins, signaling a renewed confidence in the bull market, according to recent blockchain data. This resurgence in whale activity follows Bitcoin reaching its all-time high in March. After this peak, Bitcoin experienced a significant market correction. Despite the correction, market intelligence firm CryptoQuant has

According to a recent study by independent examiner Robert Cleary, Sam Bankman-Fried’s (SBF) FTX Group paid more than $25 million in hush money to seven whistleblowers before the cryptocurrency exchange collapsed in November 2022. Cleary’s investigation uncovered these settlements while reviewing employee severance packages, highlighting that FTX failed to properly document employee complaints. The report

The potential approval of spot Ethereum exchange-traded funds (ETFs) in the United States could trigger a substantial rally in the price of ETH, with forecasts suggesting an increase of up to 60%. This prediction comes from Singapore-based QCP Capital, which drew parallels to the market reaction following the approval of spot Bitcoin ETFs earlier this

Bitcoin (BTC) is currently grappling with significant resistance around the $70,000 mark. Starting the week on a bullish note, BTC managed to peak at $71,957, marking a substantial 13% gain over the past seven days. This recent surge has been largely fueled by significant inflows into Bitcoin spot ETFs and growing optimism about the potential

VanEck’s Ethereum ETF, denoted by the ticker symbol “ETHV,” has recently achieved a significant milestone by being formally listed on the Depository Trust and Clearing Corporation (DTCC). This development is not merely symbolic; it represents a crucial step forward in the ETF’s journey towards obtaining final approval from the U.S. Securities and Exchange Commission (SEC).

Bitcoin (BTC) recently underwent a decline, slipping below the notable $70,000 threshold to approximately $69,229, with an intra-day low of $69,939. This downturn is largely attributed to diminished investor demand, influenced by uncertainties surrounding the anticipated Federal Reserve rate hike scheduled for September. Furthermore, recent data concerning ETF flows indicates a mixed sentiment, with net

The Russian crypto mining industry is poised for substantial growth, with projections indicating an expansion “by between 20% and 40%” in 2024, according to a recent report. The media outlet Overclockers disseminated these insights, which originated from BitRiver, Russia’s largest crypto mining firm. BitRiver is instrumental in a legislative push that could see the sector’s

Bitcoin has reached unprecedented highs against local currencies in several countries across Asia and South America, driven by a significant 7% surge in its price. On May 21, Bitcoin achieved an intraday and six-week high of $71,650, representing a gain of over 7% within a 24-hour period. According to CoinGecko, this positions Bitcoin within a

The XRP Ledger (XRPL) has seen a significant rise in transaction activity, with transaction numbers more than doubling from the fourth quarter of 2023 to the end of the first quarter of 2024. According to Ripple’s Q1 2024 XRP Markets Report, this surge in activity coincided with a notable decrease in average transaction costs, signaling

Bitcoin is on the verge of potentially reaching new all-time highs (ATHs) if it can surpass the pivotal $67,500 resistance level. Markus Thielen, head of research at 10x Research, asserts that breaking this threshold could trigger a significant bullish rally. This sentiment follows Bitcoin’s recent recovery above the psychological level of $66,000, which is seen