Fri, November 15

Investors Brace for Key Inflation Data Amid Fed Rate Speculation

Trading in the cryptocurrency market was turbulent last week, with a promising beginning quickly giving way to a bearish finish. Notably, the week got off to a great start with experts predicting that Bitcoin will achieve a new high, sending expectations rising. The mood has shifted, however, in anticipation of

June 9, 2024 2 mins read

Crypto Market Reawakening Amid Global Interest Rate Cuts, Says Arthur Hayes

The crypto bull market is “reawakening” according to Arthur Hayes, the former CEO and co-founder of BitMEX who now runs Maelstrom. This comes after interest rate cuts announced this week by the Bank of Canada and the European Central Bank. The Bank of Canada dropped interest rates by quarter of

June 9, 2024 1 min read

Norwegian Authorities Recover $5.7M from $600M Ronin Hack

A total of $5.7 million was frozen and recovered by the Norwegian authorities in connection with the $600 million Ronin exploit that occurred in 2022. The Ethereum sidechain Ronin was developed by Sky Mavis specifically for the play-to-earn web3 game Axie Infinity. Sky Mavis stated on X: “The Norwegian National

June 8, 2024 1 min read

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