Whale investors seized the opportunity to buy 100 million XRP after it briefly dropped below $2. Whale deposits into Binance have surged to a six-month high, with over 2.66 billion XRP tokens moved to the exchange in the past 30 days. According to the latest analysis by CryptoQuant, this figure...
New Crypto Scam Uses Fake Influencer Accounts to Lure Victims Into Telegram Malware Trap
Scam Sniffer has observed that attackers are impersonating multiple crypto influencers and using malicious bots for verification. A new wave of crypto scams has emerged, with attackers using fake X accounts to impersonate popular influencers and lure unsuspecting users into fraudulent Telegram groups. Users are then manipulated into installing malware that...
Top Ethereum (ETH) Price Predictions: New ATH or Another Severe Correction?
Here are some of the latest ETH price forecasts coming from popular analysts. TL;DR Analysts predict ETH could hit $5,000 or even $10,000, with key resistance at $3,750 signaling a potential breakout. Rising daily active addresses and positive network growth suggest increasing Ethereum adoption, supporting a bullish outlook. Where’s ETH...
Raydium Surpasses Uniswap to Claim Top Spot in Monthly DEX Volume: Messari
Raydium's success is tied to Solana’s dominance in DEX volumes, with Solana capturing nearly 50% of the market in November. In October, Raydium made history by becoming the number one DEX by volume across all chains, a milestone it quickly built on in November. According to Messari’s latest report, Raydium...
Tron’s TVL Reaches New Record of $36.2 Billion
Tron (TRX) recently reclaimed a top-10 crypto ranking after soaring to a new ATH. Amidst a broader market resurgence, the Tron blockchain has been seeing impressive strength. In fact, the total value locked (TVL) on the blockchain surged to $36.2 billion on December 4. This figure marked a new all-time high...
Fed Chair Likens Bitcoin to Gold, Says It’s Not a Rival to the Dollar
Powell dismissed concerns over faith in the dollar, asserting that Bitcoin's volatility keeps it from mainstream adoption. Federal Reserve Chairman Jerome Powell has dismissed the idea that Bitcoin could replace the U.S. dollar, likening the cryptocurrency to gold as a speculative asset rather than a store of value. Powell shared...
USDC Stablecoin Issuer Circle Announces Layoffs Amid Operational Review
Less than 6% of Circle's workforce has been slashed following a review of its operations. Circle Internet Financial Ltd., the company behind the second-largest stablecoin in the cryptocurrency market USDC, announced layoffs following a routine operational assessment. According to the Bloomberg report, the job cuts impact under 6% of the...
Binance Unveils On-chain Yields With Babylon Bitcoin Staking
The Binance Babylon Bitcoin Staking product will be available on December 10 with a limited quota of 1,000 BTC available to users on a first-come, first-served basis. The world’s largest crypto exchange has announced the launch of an on-chain yield feature on its Binance Earn platform. According to an official...
Tron (TRX) Enters ‘Banana Zone’ Exploding 70% to All-Time High
The Tron Network native token is the crypto market’s top-performing asset today, with a massive pump to a record high. Altcoins are leading the charge today as total crypto capitalization peaks at $3.68 trillion while Bitcoin remains range-bound. The top-performing digital asset over the past 24 hours is Tron (TRX),...
XRP, DOGE Fuel Massive Change in South Korea’s Market Structure: Details
Crypto trades surged to $18 billion in 24 hours, driven by altcoins like XRP and DOGE, surpassing the stock market's $14 billion performance. Retail cryptocurrency trading in South Korea has reached new heights, surpassing the country’s stock market by $4 billion in just 24 hours. The increase was driven by...
