The decision by the Future Forward USA PAC to start accepting crypto donations through Coinbase Commerce marks a significant shift in the way political campaigns are funded. This move comes after initial confusion caused by comments made by a Coinbase executive regarding Vice President Kamala Harris directly using the platform for her campaign contributions. However,
Crypto
The U.S. Securities and Exchange Commission recently imposed charges against Galois Capital, a crypto-focused advisory firm that held client assets at FTX. As a result of their actions, Galois has agreed to pay a civil penalty of $225,000, which will be distributed to affected investors. The SEC found that Galois failed to ensure that the
Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his bearish outlook on the crypto market in his latest article titled ‘Boom Times… Delayed.’ He predicted a potential decline in Bitcoin’s price to under $50,000, attributing this downtrend to broader macroeconomic factors and market dynamics. Hayes pointed out that the actions of the
Yonsei University in South Korea has recently partnered with Ripple as part of the University Blockchain Research Initiative (UBRI) program. This collaboration marks the 58th partnership for Ripple globally, with 12 of those partnerships located in the Asia Pacific region. The focus of this partnership will be on research related to blockchain technology, with a
The Ethereum market is experiencing a shift in dynamics, with rising exchange reserves indicating a potential new distribution phase. The CryptoQuant’s Ethereum Exchange Reserve metric has been on the rise, tracking the amount of ETH held in exchange wallets. This uptick in the metric suggests that traders are transferring their ETH to exchanges in preparation
In recent times, the cryptocurrency market has experienced a lackluster performance, with a noticeable decline in whale activity across major digital assets. Santiment’s latest analysis reveals that both Bitcoin and Ethereum have witnessed a significant drop in transactions exceeding $100k. During the active period of March 13-19, Bitcoin recorded 115.1k transactions valued at over $100k
Recently, the crypto analyst known as the ‘Titan of Crypto’ shared with his 90,000 followers on Twitter a unique technical pattern that has never been seen before in the cryptocurrency market. This pattern involves a golden cross forming between the 100-day moving average and the longer time frame 200-day moving average. Unlike the typical golden
The Open Network and its native token, TON, faced a significant challenge recently as the price of TON plummeted by more than 90% in just a few minutes on CoinMarketCap. This abrupt drop saw TON’s value decrease from $5.2 to approximately $0.3, marking a staggering 94% decline in a short period of time. Rapid Recovery
The crypto space faced significant challenges in August 2021, with over $313 million in losses reported due to more than ten different hacking incidents. Shockingly, 93.5% of the stolen funds were a result of just two major phishing attacks during that period. These incidents, as highlighted by blockchain security firm PeckShield, cumulatively accounted for a
The latest Crypto Wealth Report 2024 by Henley & Partners has revealed some staggering statistics regarding the growth of wealth in the crypto market. The number of individuals holding over $1 million in digital assets has surged by 95% to 172,300, with the total value of the crypto market reaching $2.3 trillion, an 89% increase