GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows
Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below...
Bitcoin News
This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%
The crypto market holds steady at a valuation of $2.31 trillion, experiencing a 2.60% decline in the last 24 hours....
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with...
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently...
Taiwanese Prosecutors Indict 32 Individuals Implicated in $24.5 Million ACE Exchange Fraud Scheme
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors...
Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had...
Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835....
Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar
Former U.S. President Donald Trump’s economic advisers are reportedly devising strategies to deter nations from reducing their reliance on the...
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation
Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm...
South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil
Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house...
Japan’s Web3 Ambitions Hang in Balance as Political Scandal Rocks Kishida’s Leadership
Japan’s Prime Minister Fumio Kishida and the ruling Liberal Democratic Party are advocating Web3 development amid a major corruption scandal...
Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work ‘Like Dog Sh*t’
Chris Pacia, the former lead developer of the now-defunct decentralized marketplace Openbazaar, has criticized the process that led to the...
Analyst Eyes $300K Bitcoin Price as BTC Approaches ‘Most Aggressive Part of the Bull Cycle’
A technical analyst has highlighted that bitcoin is approaching “the point where historically the most aggressive part of the bull...
Solana Advances Congestion-Alleviating Central Scheduler Feature to Testnet
Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new...
