Following its epic 45% rally into price discovery this month, Bitcoin has finally begun its correction, but how low will it go? Bitcoin prices dumped to a six-day low of $92,775 during early trading on Tuesday in Asia. The widely anticipated correction has taken the asset down almost 7% from...
Careless Crypto Transfer Costs Investor $3.08M: Details
A scammer exploited a crypto user’s transaction history, embedding a fake address and tricking them into transferring millions. An unnamed cryptocurrency holder recently lost more than $3 million worth of PYTH tokens after erroneously transferring them to a scammer’s wallet. The mistake happened when the victim, relying on their transaction...
SEC Nets Record $8.2B in Enforcement Actions for 2024
More than half of the SEC's recoveries came from crypto, mainly the $4.5 billion settlement in the Terraform Labs case. The U.S. Securities and Exchange Commission (SEC) has announced that it secured $8.2 billion in enforcement actions in 2024. This is the largest amount the commission has ever recovered, with...
Base Layer 2 Network Surpasses $10 Billion TVL, Hits 106.26 TPS
Base's TVL has grown over 67% since its September low of under $6 billion. Amid heightened activity across the crypto market, the Base network also experienced renewed momentum. Data from L2Beat revealed that Base’s total value locked (TVL) surged by more than 5% over the last week, surpassing $10 billion...
Cantor Fitzgerald to Tap Tether in $2B Bitcoin Lending Project, Secures 5% Stake
Financial services firm, Cantor Fitzgerald, is reportedly discussing receiving support from stablecoin issuer Tether to help fund the project. Howard Lutnick, US President-elect Donald Trump’s pick for Commerce Secretary, aims to launch a $2 billion project to lend dollars to clients who supply Bitcoin as collateral, according to Bloomberg citing...
Is Ripple (XRP) Gearing up for a New ATH Before Christmas? (Analysts Speculate)
Here are some of the latest XRP price predictions. TL;DR XRP has been on a tear lately, with analysts predicting further growth. Optimistic projections hinge on favorable conditions like a pro-crypto SEC leadership shift and historical performance of the asset. New Peak Before the End of 2024? Ripple’s XRP is...
Bitcoin Attracts $3 Billion Weekly Inflows as Prices Neared $100K Milestone
Solana dominated altcoin inflows with $16 million last week, significantly surpassing Ethereum's $2.8 million. Digital asset investment products experienced a record-breaking week, with $3.13 billion in inflows, pushing total investments since mid-September – the start of US interest rate cuts – to $15.2 billion. According to CoinShares, year-to-date inflows have...
Top Shiba Inu (SHIB) Price Predictions as of Late
Check out the next potential SHIB targets (according to some popular analysts). TL;DR Analysts predict a strong rally for Shiba Inu (SHIB), supported by recent breakthroughs in resistance levels. Shibarium’s rapid development could also be viewed as a bullish element. The Calm Before the Storm? Shiba Inu (SHIB) made the...
Trump Media Files for ‘TruthFi’ Trademark to Offer Crypto Services
Truth Social has been TMTG's focal point, but the application for the TruthFi trademark signals a diversification of its business operations. The organization that operates the social media platform Truth Social has applied to trademark the name “TruthFi” in anticipation of creating a digital currency payment service. Trump Media and...
BIT Mining Settles for $10M Over Bribery Allegations in Japan Resort License Bid
The company admitted to conspiring with CEO Zhengming Pan in paying $1.9 million in bribes to secure a resort license. In a settlement with US authorities, BIT Mining agreed to pay $10 million in penalties related to bribery allegations involving Japanese government officials to secure a resort license. The company,...
