U.S. authorities, including the Securities and Exchange Commission (SEC), the Federal Bureau of Investigation (FBI), and the Department of Justice (DOJ), have charged Gotbit and four other crypto firms with widespread market manipulation. The charges also roped in several individuals who worked for the offending organizations. Market Makers Accused of...
The Reason Bitcoin’s Price Increased to $63,000 Today
Bitcoin’s price exploded above $63,000 today, reaching a local high at around $63,400. Even though it has since retraced to where it currently trades at $62,700, this is still a considerable increase of 4% for the past 24 hours. Source: TradingView It’s also important to note that Bitcoin has managed...
How High Can Ripple’s Price Go if the SEC Approves an XRP ETF? (ChatGPT Speculates)
TL;DR An ETF approval could fuel a triple-digit XRP rally in the mid-term (according to ChatGPT). Despite the positive outlook, there is a risk of a “Buy the Rumor, Sell the News” effect, where prices fall after the possible green light. The Potential Price Targets Ever since the launch of...
ETF Weekly Recap: Bitcoin, Ethereum Funds Turn the Corner But There’s a Catch
The spot Bitcoin and Ethereum ETFs broke the negative streak registered last week and ended the current trading one with net inflows. However, the situation around the ETH ETFs is quite underwhelming, to say the least, once again. Bitcoin ETFs’ Demand Is Back CryptoPotato reported last weekend the dire landscape...
Almost Half of Investors Plan to Invest in Crypto ETFs: Charles Schwab
A study titled “ETFs and Beyond,” released on Oct. 10 by investment giant Charles Schwab, revealed that almost half of the respondents said they plan to invest in crypto ETFs. The survey of 2,200 investors, which was fielded from July 2nd to July 20, revealed that 45% of ETF investors...
Fidelity Investments Reports Data Breach Affected Over 77,000 Customers
Fidelity Investments – one of the world’s most prominent asset managers – has reported that a data breach in August affected the personal information of over 77,000 customers. The breach, which occurred between August 17 and August 19, 2024, allowed an unauthorized third party to gain access to two customer...
Crypto Investor Loses $36M to Permit Phishing Scheme
A recent cyberattack has led to an unsuspecting crypto investor reportedly losing 15,079 fwdETH, worth roughly $36 million. In the incident, described by security experts as a permit phishing scam, the bad actor tricked the user into unknowingly signing a malicious signature, which gave the thief full access to the...
Is Shiba Inu (SHIB) Price About to Plummet? 4 Bearish Signs to Watch
TL;DR SHIB is down 13% in two weeks amid negative sentiment on Telegram and declining network activity. However, some indicators, like increased exchange outflows, suggest a potential price rebound. Bears in Control? The popular meme coin has been underperforming in the last two weeks, with its price plummeting by 13%...
Dogwifhat, Popcat Continue to Rise as New Meme Coin Pepe Unchained Hits New Presale Milestone
Meme coins are back in the green over the last day. DogWifHat (WIF) and Popcat (POPCAT) have been two of the top performers, outpacing all of their rivals. Meanwhile, the new coin Pepe Unchained (PEPU) is making moves of its own – recently passing the $18.6 million mark in presale....
Dogwifhat, Popcat Continue to Rise as New Meme Coin Pepe Unchained Hits New Presale Milestone
Meme coins are back in the green over the last day. DogWifHat (WIF) and Popcat (POPCAT) have been two of the top performers, outpacing all of their rivals. Meanwhile, the new coin Pepe Unchained (PEPU) is making moves of its own – recently passing the $18.6 million mark in presale....
