Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) to obtain the final report on the agencys decision-making regarding crypto-related issues. The SEC Office of Inspector General (SEC OIG) completed the report over a year ago, but the agency has not yet disclosed it or provided the related documents despite
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Bitcoin recent price movements have been nothing short of a rollercoaster ride. Earlier this week, BTC traded below $90,000 and quickly bounced back to above $100,000. As of today, the asset now hovers above $98,000. Amid this price performance, CryptoQuant contributor XBTManager has provided insights into an important on-chain metric, highlighting a notable shift in
Over the past two months, Coinbase users have reported a surge in account restrictions, which appear linked to the company’s aggressive risk models and an ongoing wave of social engineering scams. ZachXBT believes that the blame for the losses lies with Coinbase’s leadership, failing to report theft addresses, offer responsive support, and react swiftly to
A recent report by market intelligence firm Messari has highlighted an extraordinary performance by Solana (SOL) during the fourth quarter of 2024, characterizing it as potentially the best quarter for any blockchain in history. The report reveals a staggering 213% quarter-over-quarter (QoQ) growth in Chain GDPessentially the total app revenue generated on the Solana networkrising
Recent market turbulence has impacted Shiba Inu (SHIB) and Dogecoin (DOGE), with both memecoins experiencing significant price declines over the past few days. This setback comes amid a broader downturn in the crypto market, yet some analysts remain optimistic about the potential trajectories for these popular memecoins. Javon Marks, a well-known analyst on Elon Musk’s
Amid the recent market shakeouts, Bitcoin (BTC) has shown strength, remaining near the crucial $100,000 barrier during its drops. While the flagship cryptocurrency is momentarily expected to continue its horizontal trajectory, some analysts forecast that BTCs next leg up might start once it reclaims the recently lost key level. The post-election pump saw the crypto
BitMEX co-founder Arthur Hayes has dismissed the idea of a U.S. Bitcoin reserve, calling it a politically driven and impractical concept. In his February 5 essay called “The Genie,” Hayes argued that government stockpiling of the cryptocurrency would serve political interests rather than financial stability. What can be bought can be sold, he wrote, warning
Bitdeer has made a step toward becoming a fully integrated Bitcoin mining company with a recent $21 million land acquisition in Canada. The company revealed on Tuesday that it has obtained a fully licensed power project on a 19-acre site near Fox Creek, Alberta, from Kiwetinohk Energy. According to a press release, this purchase allows
Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
Reddits r/CryptoCurrency community of 6.9 million users has fired the moderators who had traded subreddits native token MOON minutes before Reddit announced its decision to end its Community Points program last Tuesday. All the moderators who sold Moons before the announcement have already been removed from the mod team, r/CryptoCurrency told CoinDesk in a Twitter
Solanas SOL has rallied over 50% in two weeks, with Nasdaq-listed digital assets exchange Coinbase (COIN) proving to be a significant source of bullish pressures for the cryptocurrency, according to data tracked by Paris-based Kaiko. Since Oct. 25, SOLs cumulative volume delta (CVD) has increased by nearly $1 million on Coinbase, indicating net capital inflows.
Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse
Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
AAVE, the native token of the decentralized crypto lending platform Aave, has rallied over 45% to $135 in four weeks, outperforming every other top 100 cryptocurrencies by market value, including market leaders bitcoin (BTC) and Ethereum's ether (ETH). Such has been the investor bias for AAVE that Helium's HNT is at a distant second position
Ethereum price started a recovery wave above the $2,500 zone. ETH is up nearly 10% and now faces a major resistance near $2,920. Ethereum price started a major decline below the $2,800 level, underperforming Bitcoin. ETH declined below the $2,650 and $2,500 levels to enter a bearish zone. There was a clear move below the
Bitcoin (BTC) has had a volatile 24 hours, plunging from $99,500 to as low as $91,231 amid mounting concerns over impending US trade tariffs on Canada, Mexico, and China. However, some crypto analysts see this sharp decline as a buying opportunity, suggesting that BTC may be oversold and poised for a rebound. Yesterday, the crypto
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