Thu, January 16

Crypto Platform Bakkt Reportedly Considering Sale or Split

The parent corporation of the New York Stock Exchange (NYSE) is allegedly thinking about selling or splitting up its crypto platform Bakkt, according to Bloomberg’s sources. According to the people who spoke with the media outlet, another possibility is that the board would decide to keep Bakkt as it is

June 8, 2024 1 min read

Trump Embraces ‘Crypto President’ Title, Pledges Support for Crypto Sector

Donald Trump, a presidential candidate who has been vocal about his support for Bitcoin, has dubbed himself the “Crypto President” in an effort to solidify his relationship with the rapidly expanding cryptocurrency ecosystem. At a fundraiser in San Francisco on Thursday, the 45th president of the US, Donald Trump, was

June 8, 2024 2 mins read

Data Breach at GetResponse Compromises 1.9M CoinGecko User Details

A data breach occurred at GetResponse, a third-party email management platform, according to cryptocurrency data aggregator CoinGecko. Attackers were able to access the contact details of more than 1.9 million CoinGecko users after a data breach at GetResponse occurred on June 5. This news comes after yesterday’s revelations of a

June 8, 2024 2 mins read

Institutional Bitcoin ETF Holdings Surpass 879k BTC: Bullish Future? 

As of June 5, 2024, investment institutions collectively hold 879,191 BTC, underscoring robust confidence in Bitcoin amid significant movements in the ETF market. Adding on, U.S. spot Bitcoin exchange-traded funds (ETFs) have seen an unprecedented 18-day streak of positive net inflows, totaling $217.78 million. BlackRock’s IBIT ETF led the surge,

June 7, 2024 2 mins read

Is Current Market Lull a Prelude to an Upcoming Bullish Rally?

The cryptocurrency market is currently in a consolidation phase, with Bitcoin trading at $71,377, experiencing a modest 0.77% price surge, while Ethereum has seen a 0.69% decrease, bringing its value to $3,824. This period of market stability is marked by the absence of significant gains among the top 50 coins

June 7, 2024 2 mins read

INTMAX Announces PlasmaCon in Tokyo, Vitalik Buterin Among Eminent Speakers

On the fringes of EDCON Tokyo 2024, the world-renowned Ethereum development conference dedicated to supporting the Ethereum ecosystem & improving Ethereum community interaction globally, INTMAX, a Fam Sponsor at EDCON Tokyo and a cutting-edge Layer 2 zkRollup with stateless architecture, is thrilled to announce the Tokyo PlasmaCon event. On July 31,

June 7, 2024 3 mins read

Nigeria Stands Firm on Binance Executive’s Prosecution Despite US Criticisms

In the past few months, Nigeria and the USA have contested over the arrest of Binance Executive and US citizen, Tigran Gambaryan. This ongoing battle regarding Gambaryan’s prosecution has caught the market’s attention. Mohammed Idris, Minister of Information, made a statement on Wednesday defending Nigeria’s take on the case. He

June 6, 2024 2 mins read

Robinhood’s $200 Million Bid for Bitstamp Acquisition

Robinhood, the popular trading platform, is set to acquire Bitstamp, a prominent U.K.-based crypto exchange, for $200 million in cash. This strategic purchase aims to support Robinhood’s global crypto presence and attract institutional clients, by introducing new product offerings. The transaction, bag to be finalized in the first half of

June 6, 2024 1 min read

How Big Whales Exploit the Current Market Consolidation Phase?

In the volatile world of cryptocurrencies, market consolidation phases often bring a period of calm and strategic repositioning. The cryptocurrency market is currently experiencing one of these phases, characterized by relatively stable prices and lower trading volumes. This phase is a breeding ground for strategic maneuvers by big whales—large holders

June 6, 2024 2 mins read

Forcount Ponzi Scheme Promoter Faces 20 Years for $8.4 Million Fraud

Juan Tacuri, a senior promoter of the Forcount cryptocurrency Ponzi scheme, has pleaded guilty to conspiracy to commit wire fraud. The plea was entered before Judge Analisa Torres at the Southern District of New York (SDNY) court, and he is set to be sentenced in New York in September for

June 6, 2024 2 mins read
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