Cryptocurrency
Current BTC Price Action Shows Dramatic Underperformance: Analyst
The current Bitcoin (BTC) market cycle is “dramatically” weaker than the three previous cycles, according to Alex Thorn, the head of firmwide research at investment firm Galaxy.Thorn compared price action since the April 2024 Bitcoin halving to cycles triggered...
Cryptocurrency
One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end
For years, NEO's treasury was held in a setup that would be unusual for most financial institutions: hundreds of millions of dollars in crypto assets were controlled through personal wallets, with no multisig protections and little formal oversight.That person,...
Cryptocurrency
RaveDAO Denies Manipulation as Binance, Bitget Probe RAVE Trading Activity
RaveDAO has denied any role in the recent surge and sharp collapse of its RAVE token, as major crypto exchanges open probes into trading activity following allegations of market manipulation.In a thread posted on X, the project said it...
Cryptocurrency
Arthur Hayes Warns Bitcoin May Stall Until Liquidity Returns
Key Takeaways: Arthur Hayes ties bitcoin’s outlook to global liquidity, with upside dependent on policy-driven liquidity. Geopolitics create a bearish setup as war risk, deleveraging, and AI-driven stress weigh on markets. Liquidity injections could lift bitcoin once...
Cryptocurrency
Kelp Hacked, Losses Climb to $293M As Other Protocols Impacted
Kelp, a liquid restaking protocol, was the victim of a cyber attack on Saturday, causing the platform to pause smart contracts for its restaking token (rsETH), as it “investigates” the attack amid reports of hundreds of millions of dollars...
Cryptocurrency
Can Bitcoin Buyers Join The Breakout Party? Analyst Says Not Yet
Bitcoin seems to have finally broken out of weeks of stagnation with an 11% rally, signaling a notable shift in its market momentum. Expectedly, this move has drawn renewed attention from various market participants who may be eager to...
Cryptocurrency
Russia moves to criminalize unregistered crypto activity. Here’s everything you should know –
Saniya -
Moscow’s push to bring its cryptocurrency market under control has entered a new phase with the Russian government submitting a legislation to the State Duma that would make operating outside state-sanctioned crypto infrastructure a criminal offense.Under the proposed law,...
Cryptocurrency
SEC charges crypto executive with $16M fraud over ‘Insured’ BTC Latinum token –
Saniya -
Federal securities regulators have filed suit against Donald Basile, a crypto executive accused of raising roughly $16 million from hundreds of investors through a digital token scheme built almost entirely on false promises, officials said.The US Securities and Exchange...
Cryptocurrency
Spot Bitcoin ETFs Attract $1B in Weekly Inflows as Risk Appetite Returns
Spot Bitcoin exchange-traded funds (ETFs) recorded nearly $1 billion in net inflows over the past week, marking their strongest performance in more than three months as market sentiment shifts toward risk assets.Data from SoSoValue shows that spot Bitcoin (BTC)...
Cryptocurrency
XRP to $10? Rally hopes build as token jumps 8% weekly, outpacing majors
XRP is starting to outperform in a way that gets attention. The token is up about 8% on the week and around 3% on the day, pushing ahead of bitcoin and ether, but the move still looks controlled rather...
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Gunman at Mexico’s Teotihuacán pyramids kills Canadian tourist, injures at least 4 people
A Canadian tourist was shot...