Sun, July 26

Can Ethereum (ETH) Price Reclaim $3.5K Soon?

The surge in crypto asset prices ignited a bullish sentiment in the cryptocurrency market. Notably, the global crypto market cap currently settles at $2.99 trillion, with a 3.64% increase over the day. Bitcoin (BTC) hit its new all-time high of $93.4K, which lifted the crypto market.  Despite the surge, the

November 14, 2024 2 mins read

South Korea Police Arrest 215 in $232M Crypto Scam

South Korean police have apprehended 215 individuals tied to a large-scale cryptocurrency investment scam, responsible for defrauding over 15,000 people and causing losses of 325.6 billion won ($232 million). The investigation, led by the Gyeonggi Southern Provincial Police Agency’s Anti-Corruption and Economic Crime Unit, revealed the scam ran from December

November 13, 2024 2 mins read

Binance Under DOJ Scrutiny for FTX Related Crypto Holdings

The U.S. Department of Justice (DOJ) has registered a civil forfeit lawsuit to recover $16 million worth of crypto assets, assumed to be linked to the controversial crypto exchange, FTX and its founder Sam Bankman-Fried.  Among the crypto assets, more than half of the assets were held in Solana (SOL),

November 13, 2024 2 mins read

Revolut X Expands Crypto Trading Across 30 European Markets

London-based fintech firm Revolut announced Wednesday that it is expanding its cryptocurrency platform, Revolut X, to serve users across 30 new markets in Europe. Targeted at experienced traders, the platform is set to provide access to a wide selection of digital assets, along with tools for real-time analysis and market

November 13, 2024 2 mins read

Will BONK Break Key Resistances to Fuel Further Gains?

The global cryptocurrency market exhibits mixed signals, with assets fluctuating between gains and losses. The recent recovery of major assets has extended support to meme coins. However, at press time, prominent meme coins like DOGE and SHIB are recording double-digit declines. Despite this, the Solana-based meme coin BONK leads the

November 13, 2024 2 mins read

Bitget Re-enters UK Market with 150 Tokens Following FCA Approval

The seventh largest crypto exchange, Bitget has officially re-entered the UK market after a six-month interval. This follows compliance with the UK’s Financial Promotions Regime (FPR), which commands standards for promoting financial products, including crypto assets.  The exchange’s relaunch was through the partnership with Archax, a Financial Conduct Authority (FCA)

November 12, 2024 2 mins read

Is XRP Gearing Up for the $1 Rally in this Bull Cycle?

The post-election rally propels the overall crypto market cap to settle at $2.99 trillion, with Bitcoin (BTC) at a record high of $89.9K. Major assets have recovered and XRP appeared in the green zone with a 13.42% gain over the past 24 hours.  The asset chose a bullish pace for

November 12, 2024 2 mins read

GIGA Token Holder Loses 6M in Sophisticated Phishing Attack

A Gigachad (GIGA) token investor lost $6.09 million after falling victim to a phishing attack through a fake Zoom meeting link. The large-scale sell-off caused an unusual price drop in the GIGA token on November 12, sparking community speculation before prominent investor “Still in the Game” confirmed the incident. In

November 12, 2024 2 mins read

Will Solana (SOL) Keep Up Bullish Trend or Slip for a Pullback?

The global crypto market turned bullish, with the total market cap climbing 9.37% to $2.98 trillion. In the Asian trading hours, Bitcoin (BTC) hit its new all-time high at $89,604, while Ethereum (ETH) rallied above $3.3K. This shift has ignited optimism in the market, driving a bullish outlook. Notably, the

November 12, 2024 2 mins read

Mt. Gox Moves $2.4B in Bitcoin While BTC Breaks $82K

The defunct exchange, Mt. Gox executes a transfer of $2.4 billion in Bitcoin (BTC) across wallets. This marks another key chapter in the ongoing process of creditor repayment efforts, with the deadline set for October 2025. Mt. Gox executed a massive transfer by moving over 30,000 BTC, valued at around

November 11, 2024 2 mins read