WazirX founder Nischal Shetty has responded to allegations that the company transferred $75 million worth of crypto assets to two major exchanges without informing users. The situation arose after the Indian crypto platform disclosed more than 240,000 wallet addresses as part of the requirements of a four-month moratorium granted to...
WazirX CEO Defends Fund Transfers Amidst Accusations of $75M Crypto Movement to Exchanges
WazirX founder Nischal Shetty has responded to allegations that the company transferred $75 million worth of crypto assets to two major exchanges without informing users. The situation arose after the Indian crypto platform disclosed more than 240,000 wallet addresses as part of the requirements of a four-month moratorium granted to...
Bitcoin’s Retail Renaissance: Small Investors Flood Back After 4-Month Hiatus
After an unsuccessful attempt to break past the $70,000 mark this week, bitcoin briefly dipped below $67,000 before staging a modest recovery. Despite the brief pullback, data indicates a renewed interest from retail investors, which is typically seen as a strong indicator of broader market sentiment. Bitcoin Retail Activity Returns...
Bitcoin’s Retail Renaissance: Small Investors Flood Back After 4-Month Hiatus
After an unsuccessful attempt to break past the $70,000 mark this week, bitcoin briefly dipped below $67,000 before staging a modest recovery. Despite the brief pullback, data indicates a renewed interest from retail investors, which is typically seen as a strong indicator of broader market sentiment. Bitcoin Retail Activity Returns...
Bitcoin Price Analysis: What Are BTC’s Chances for New ATH After the Rejection at $69K?
Bitcoin’s price has yet to reach a new all-time high amid the recent bullish run, as the sellers are defending their last line of resistance. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has recently rallied above the $64K level and the 200-day...
This Viral Meme Coin Explodes by 65% Following Support From Binance: Details
TL;DR One viral meme coin surged substantially after Binance launched perpetual contracts for it. The exchange has been expanding meme coin services, recently listing Baby Doge Coin, Turbo, and Neiro. A Double-Digit Spike Meme coins are known for their enhanced volatility, recording substantial swings in both directions following important developments....
Crypto Community Baffled as Ripple Co-Founder Donates $10M in XRP to Harris’ Presidential Campaign
TL;DR Chris Larsen’s substantial donation to Kamala Harris surprised pro-XRP individuals. Ripple CEO Brad Garlinghouse emphasized the company’s neutrality, advocating for pro-crypto policies from both the Republican and Democratic parties. Support for the Democrats The US presidential elections, scheduled for November 5, promise to be quite contested. According to national...
Bitcoin Approaches Crucial Level as Open Interest Concerns Abound: Bitfinex
Bitcoin (BTC) is approaching a crucial price range, one that analysts say will be the first real resistance test. The cryptocurrency surpassed $69,500 on October 21, crushing the level last seen in late July when Bitcoin-friendly U.S. presidential candidates Donald Trump and Robert F. Kennedy gave highly anticipated speeches at...
Bitcoin Approaches Crucial Level as Open Interest Concerns Abound: Bitfinex
Bitcoin (BTC) is approaching a crucial price range, one that analysts say will be the first real resistance test. The cryptocurrency surpassed $69,500 on October 21, crushing the level last seen in late July when Bitcoin-friendly U.S. presidential candidates Donald Trump and Robert F. Kennedy gave highly anticipated speeches at...
BlackRock’s IBIT Defies Bitcoin ETF Outflow Day With $329 Million in Inflows
Investors purchased a whopping 4,869 BTC worth $329 million through BlackRock’s iShares Bitcoin Trust (IBIT) on Oct. 21. The move came as crypto markets retreated and competing spot Bitcoin exchange-traded funds in the United States saw outflows. All other funds aside from Fidelity’s saw zero or negative flows, resulting in the...