A recent investigation has linked popular YouTube personality James Stephen Donaldson, better known as MrBeast, to over $23 million in alleged profits from various cryptocurrency trades that may involve insider trading. According to a report by advisory firm Loock.io, a group of on-chain investigators claims that MrBeast and his influencer...
BlackRock’s IBIT Bitcoin ETF Sees Historic $872M Inflows, Surpassing Previous Highs
BlackRock’s iShares Bitcoin Trust (IBIT) attracted a record-breaking $872 million in inflows on October 30th. The latest figure marks the highest single-day inflow since the fund launched in January. This surge came just a day after IBIT’s daily trading volume surged to $3.35 billion, reaching its highest level in more...
CZ on Whether He Will Resume Binance CEO Role After Prison Release
The former CEO and founder of the world’s largest cryptocurrency exchange has no plans to retake the chief role at the company he ran for seven years. He revealed future plans about himself and the industry as a whole during the current Binance Blockchain Week in Dubai. Live from @binance...
Bitget Named Among Top 12 Finalists for Digital Currency Exchange of the Year at Australia’s 2024 Blockies Awards
[PRESS RELEASE – Victoria, Seychelles, October 31st, 2024] Bitget, the leading crypto exchange and Web3 company, has been selected as a finalist in the Digital Currency Exchange (DCE) of the Year category at Australia’s 2024 Blockies Awards. Only 12 finalists were announced for this competitive category among more than 400 registered...
Stablecoins Will Thrive Over CBDCs: Circle CEO (Binance Blockchain Week)
Speaking at the current Binance Blockchain Week in Dubai, the CEO of Circle, the issuer of the second-largest stablecoin, expressed optimism regarding global regulation toward the sector. He also asserted that people would prefer privately-issued stablecoins over government-launched CBDCs, which has been evident in China. Allaire spoke a lot about...
Bitcoin Dominance Skyrockets to 3.5-Year High as BTC Maintains $72K (Market Watch)
Despite failing to break its March 2024 all-time high of $73,740, bitcoin still stands tall, close to that level, and its dominance over the altcoins has soared to a new multi-year peak. This comes as most altcoins have struggled in the past 24 hours, charting minor losses. BTC Dominance on...
Some Analysts Say Meme Coins Like Dogecoin, Popcat Will Explode if Trump Wins Election, Flockerz Could Also Surge
Meme coins could be gearing up for their biggest rally in years. Some analysts are even predicting a Trump victory next week might send Dogecoin and Popcat to new highs. Even newer projects like Flockerz are attracting attention as traders search for the next explosive meme coin ahead of election...
Polymarket Election Betting Rife With Wash Trading: Report
Polymarket’s odds as an election indicator have been questioned in a new report despite its widespread citation in mainstream media. On Oct. 30, Fortune reported that analysts at two crypto research firms had found evidence of “rampant wash trading” on the blockchain betting platform. The findings come from separate investigations...
Optimistic Ethereum (ETH) Price Targets: Parabolic Move to $4K Possible?
TL;DR Ethereum (ETH) has pumped by around 6% weekly, with analysts predicting potential moves past $4K. Bullish on-chain metrics and positive sentiment on platforms like Telegram support the thesis for an upcoming resurgence. Time for ETH to Shine? The cryptocurrency sector has been on a tear in the past several...
Visa Partners With Coinbase to Enable Real-Time Cash Outs
In an announcement on Oct. 29, international credit giant Visa unveiled the partnership enabling real-time money movement between traditional banking and crypto services using the Visa Direct network. “This partnership adds convenience and new services for Coinbase customers across the US and EU, including real-time, reliable, and secure money movement,”...