Tether CEO bashes JPMorgan’s ‘hypocrisy’ amid stablecoin dominance concerns

Tether CEO Paolo Ardoino slammed Wall Street giant JPMorgan’s “hypocrisy” to raise concerns about the stablecoin issuer’s dominant position in the cryptocurrency market while being the “biggest bank in the world.” In... Read more »

Whales and institutions lead the charge in Bitcoin’s exchange volume surge

As Bitcoin’s short stint below $40,000 caused quite a stir in the market, one could expect that its recovery to $42,000 would have caused a spike in retail trading activity. With short-term holders... Read more »

Singapore issues warning on rising ‘crypto drainer’ phishing scams

Singaporean authorities have recently issued a joint advisory through the Singapore Police Force (SPF) and the Cyber Security Agency of Singapore (CSA), cautioning crypto traders about the escalating menace of digital asset... Read more »

Here’s why Bitcoin perpetual futures market saw high volatility in January

January 2024 saw notable fluctuations in Bitcoin’s perpetual futures market, reflected in the funding rate, open interest (OI), and trading volumes. Perpetual futures, unlike traditional futures, do not have an expiration date,... Read more »

Bitcoin dips below $42k, liquidates majority of long positions across exchanges

Bitcoin (BTC) fell below $42,000 for the second time over the weekend after failing to break above $43,100 amid subdued trading volumes after the ETF hype at the end of last week.... Read more »

Over 4k Solana users lost more than $4 million to phishing attacks last month

Phishing scammers have siphoned off over $4 million from Solana wallets in December 2023, according to estimates posted on X by Scam Sniffer, a scams tracker. The attacks affected around 4,000 users,... Read more »

BlackRock scoops up 11,500 BTC during dip as ETF leads the pack

BlackRock has reportedly bought a staggering 11,500 Bitcoin from the available supply during the latest dip since the launch of its spot Bitcoin ETF. This amount is significant, considering that only 900... Read more »

Jim Cramer calls “major top” for Bitcoin a week after praising its growth

Jim Cramer, the outspoken host of CNBC’s “Mad Money,” recently sparked discussions in the financial community with his latest views on Bitcoin, signaling a “major top” in the cryptocurrency’s value. His tweet,... Read more »

Senator Elizabeth Warren: SEC was wrong in its spot Bitcoin ETF decision

Senator Elizabeth Warren asserted on Jan. 11 that U.S. securities regulators incorrectly decided to approve spot Bitcoin ETFs. Warren wrote in a post on X: “The [Securities and Exchange Commission] is wrong... Read more »

Bitcoin’s brief rally to $49k and subsequent decline to $46k liquidates $100M in 4 hours

Bitcoin (BTC) experienced significant volatility following the launch of the first spot BTC exchange-traded funds (ETFs) in the United States. BTC surged above the $49,000 threshold, marking its highest level since December... Read more »