Coinbase CEO Brian Armstrong has called for the next US Securities and Exchange Commission (SEC) chair to address the agency’s perceived inconsistencies in its approach to digital assets. Armstrong’s criticism stems from the securities regulator’s shifting stance throughout the years which has caused frustration within the community. SEC’s Contradictions on...
Here’s How Bitcoin Over-the-counter Availability Can Affect BTC Price (CryptoQuant)
Bitcoin (BTC) is experiencing a positive momentum that has pushed it very close to its all-time high of $73,750. The leading crypto asset came a couple of hundred dollars away from crushing that milestone on October 29. However, it recorded a small correction, and is currently trading at $72,200. While...
Bitcoin (BTC) Stopped at $71K, Cardano (ADA) Jumps 6% Daily (Weekend Watch)
Bitcoin’s price recovery took the asset to $71,500 yesterday, but the bears interfered at this point and pushed it south by around two grand. The altcoins are relatively sluggish today, which is somewhat expected, aside from ADA, which has emerged as the top performer. BTC Stopped at $71.5K The start...
Crypto Sector Suffers $88M Loss From October Hacks: Report
According to cybersecurity firm PeckShieldAlert, the cryptocurrency space faced approximately 20 hacking incidents in October 2024, with total losses reaching around $88.47 million. Five significant breaches accounted for most of the losses, with Radiant Capital experiencing the largest setback. The Top October Crypto Hacks The firm revealed that among the...
Bitcoin Likely to Enter New Bull Market If This Happens: CryptoQuant
Bitcoin (BTC) recorded significant gains recently, but that does not mean the market is poised for a full bull run. On-chain patterns analyzed by CryptoQuant Quicktake author Woominkyu show that previous bull markets have kicked off while Bitcoin witnessed a decline in market share dominance. Unfortunately, the opposite is the...
Tether Reports Record Q3 Profit of $2.5B, Bringing Nine-Month Total to $7.7B
Stablecoin issuer Tether saw its profit reach a record $2.5 billion in the third quarter of the year, contributing to a nine-month profit total of $7.7 billion – an all-time high. As of September 30, 2024, the company reported $134.4 billion in consolidated assets and $14.2 billion in group equity,...
Trump Vows to End Harris’ War on Crypto as He Celebrates Bitcoin White Paper’s 16th B-Day
Donald Trump, former president of the United States and Republican nominee for the upcoming presidential elections, has renewed his vow to end his Democrat rival Kamala Harris’ war on crypto. The pledge was made in a tweet celebrating the 16th anniversary of the Bitcoin white paper, which was written by...
Bitcoin Price Explodes, Almost Hits New ATH as Election Week Closes In: Your Weekly Crypto Recap
What a week has it been for the cryptocurrency market! The volatility went rampant, and Bitcoin almost charted a new all-time high. In fact, it came $150 away from doing so, but the sellers stepped in and pushed the price back. Ultimately, the total market capitalization managed to add some...
Major Sell-Off by Largest HarryPotterObamaSonic10Inu (BITCOIN) Holder Sparks 60% Price Drop
The top holder of the popular meme coin HarryPotterObamaSonic10Inu, also known by its ticker “BITCOIN,” is alleged to have offloaded a massive 24 million tokens resulting in a 60% price crash. Blockchain tracker Lookonchain was the first to report the transaction, in which the anonymous holder exchanged 24 million units...
IMX Dumps by Double Digits as SEC Sends Wells Notice to Immutable
The US Securities and Exchange Commission (SEC) has issued a “Wells Notice” to Immutable, a blockchain gaming platform. It joins a list of prominent Web3 companies targeted by the agency’s regulation-by-enforcement approach. Following the news, the price of IMX token declined by more than 14% in the last 24 hours,...
