Last week, the market experienced significant turbulence due to the outflows from the Grayscale Bitcoin ETF, causing a sharp decline in the BTC price. However, the following week has shown a shift in sentiment as investors have become more bullish on Bitcoin. The outflows from the Grayscale ETF have slowed down considerably, reaching one of
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The hacker who stole $11.6 million from Prisma Finance’s decentralized finance (DeFi) protocol has claimed that the exploit was a “whitehat rescue” in on-chain messages. This term refers to hackers who use their skills to find security vulnerabilities in software code. The attacker sent a message six hours after the hack, stating that the intention
Ethereum has been showing strength in maintaining its position above the $3,500 mark, indicating a bullish sentiment among investors who are hopeful for a return to the $4,000 level. However, this optimism has fluctuated, as Ethereum recently fell from the $4,000 price level and is currently trading below $3,600. This price volatility showcases the uncertainty
Parallel, the groundbreaking sci-fi NFT card game, recently secured $35 million in funding from a variety of investors. The game, which utilizes the Ethereum blockchain and Base layer-2 chain, made the announcement in a post dated March 28th. The investment round attracted support from reputable entities such as Distributed Global, The Operating Group, VanEck, Solana
Bitcoin (BTC) has recently hit the milestone of surpassing the $70,000 mark, sparking speculations of a potential surge in the near future. Analysts like Ali Martinez have identified a bullish technical pattern on Bitcoin’s 4-hour chart, known as a bull flag. This pattern typically follows a significant price increase and signals a consolidation phase with
Guy Turner, the host of Coin Bureau, has been making waves in the cryptocurrency community with his bullish outlook on SOL. He predicts a potential breakout of 35% to 45% above the $300 mark based on the promising weekly and monthly charts of the beginning of 2024. Turner is confident in SOL’s future, stating that
A recent report by Bloomberg News revealed that the US and UK governments have initiated a joint investigation into crypto transactions exceeding $20 billion that are suspected of violating Russian sanctions. These transactions are believed to have been channeled through the Russia-based crypto exchange Garantex with the alleged intention of circumventing international sanctions and potentially
Matt Hougan, Chief Investment Officer at Bitwise, has recently shared his observations on the increasing adoption of spot Bitcoin exchange-traded funds (ETFs). According to him, the inflows into these ETFs are set to continue for years as more investors and institutions embrace the products. During a 20-day road trip, Hougan interacted with financial advisors who
The recent surge in meme coin markets on Solana has been nothing short of astounding, with CHRIST experiencing an incredible increase of over 770,000% in just 24 hours. The token, Christ is King, quickly gained viral success on X, leading to a major breakout. Despite this impressive growth, CHRIST is currently trading at a market
The recent surge in Bitcoin prices has brought back the bulls into the crypto market, with the spotlight shining on Spot Bitcoin ETFs once again. According to Farside Investors, the Spot Bitcoin ETFs have seen a remarkable amount of inflows, with a total of $243 million recorded on March 27. Interestingly, this influx of funds