Crypto News

First Neiro On Ethereum (NEIRO) reaches a new all-time high of over $0.0025

November 9, 2024 1 min read

On Friday, Bitcoin (BTC) maintained its position around $76,000 during Asian trading hours, following a remarkable peak of $77,183. Other prominent crypto like Ethereum (ETH), Solana (SOL), Cardano (ADA), and Chainlink (LINK) also experienced gains, contributing to an overall Market Fear & Greed Index score of 72, indicating a sentiment of greed among investors. In the midst of this bullish trend, a new memecoin called First Neiro On Ethereum (NEIRO)

Nearly $4.6 billion in Bitcoin and Ethereum options expire today

November 8, 2024 1 min read

Today marks a significant moment in the cryptocurrency world, with nearly $4.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options set to expire. This event comes on the heels of the recent US elections and updates from the Federal Open Market Committee (FOMC), which could lead to increased market volatility. Analysts are predicting a flurry of activity as traders make strategic adjustments as the year comes to a close.

The crypto market adds over $200 billion as Bitcoin reaches record high

November 7, 2024 1 min read

Today, the cryptocurrency market experienced a remarkable surge, adding over $200 billion to its total market cap. This upswing is largely attributed to growing optimism surrounding the U.S. elections, which has lifted the overall valuation of cryptocurrencies to a multi-month high. Investors are hopeful for continued gains, especially if key support levels remain intact. The favorable election results for Donald Trump have sparked a wave of buying interest, creating a

Mt. Gox moves 32,371 Bitcoin worth around $2.19 billion to two wallets

November 6, 2024 1 min read

The once-prominent cryptocurrency exchange Mt. Gox, which has been defunct since a major hack in 2014, has recently transferred a staggering $2.19 billion worth of Bitcoin to two undisclosed wallets. This transfer included over 30,000 Bitcoin sent to one wallet and an additional 2,000 Bitcoin that was first moved to a cold wallet before reaching another destination. This activity follows a previous transfer of 500 Bitcoin valued at over $35

Bitcoin hits new all-time high of over $75K as Trump dominates

November 6, 2024 1 min read

Bitcoin has recently surged to an impressive new high of over $75,000, largely influenced by a significant $94 million liquidation of bearish positions against it, according to Coinglass data. This spike coincided with early voting results favoring Republican candidate Donald Trump, who is seen as more supportive of the cryptocurrency industry compared to his Democratic counterpart, Kamala Harris. As Trump’s chances of winning the presidency climbed to 85% on betting

exSat Network introduces Bitcoin staking

November 5, 2024 1 min read

The exSat Network unveiled its new exSat bridge, which introduces Bitcoin staking just weeks after its mainnet launch. This feature, according to the team aims to broaden the financial landscape for Bitcoin holders, allowing them to earn yields while still retaining control of their original assets. By staking Bitcoin, users receive a wrapped token called XBTC, which is directly tied to their native BTC on a 1:1 basis. This means

Binance donates $3M to Valencia for flood relief

November 5, 2024 1 min read

Binance Charity, the charitable division of the well-known crypto company Binance, has stepped up to donate $3 million to the Spanish Red Cross in response to the severe flooding that has affected the Valencia region. This generous contribution is aimed at supporting urgent relief efforts in the area. The funds from Binance Charity will directly assist the Red Cross in providing essential emergency services to those in need. Known for

Ethereum plummets to a critical support level of around $2,400

November 4, 2024 1 min read

The cryptocurrency market is currently experiencing a familiar lull, reminiscent of previous cycles at the start of the month. After a brief surge on Saturday, activity has slowed down significantly over the past day. Traders are keeping a close eye on the US crypto scene, especially with potential influences like Federal Reserve rate cuts and upcoming elections that could sway prices. Ethereum, the leading altcoin, has been on a downward

Michael Saylor announces plans to raise funds to buy more Bitcoin

November 3, 2024 1 min read

Michael Saylor, the co-founder and Chairman of MicroStrategy, has unveiled an ambitious plan to raise $21 billion to acquire more Bitcoin by issuing additional shares of MSTR at current market prices. This move will likely dilute the value of existing shares, which typically leads to a drop in stock prices. Surprisingly, MicroStrategy’s stock has remained relatively stable following the announcement, thanks in part to the loyalty of its shareholders and

Kraken exchange is cutting 15% of its workforce

November 3, 2024 1 min read

Kraken exchange has recently made the tough decision to lay off about 400 employees, which amounts to a 15% reduction in its workforce. This move is part of a broader effort to streamline operations and enhance “organizational discipline” after experiencing significant growth that pushed its revenue past the $1 billion mark. The layoffs primarily affect senior management and executive positions. In a heartfelt message on their blog, Kraken expressed their

1inch compromised by major hack in supply chain attack

November 2, 2024 1 min read

A recent security breach has hit the decentralized exchange aggregator 1inch and other platforms like TEN Finance, stemming from malicious code embedded in the Lottie Player animation library. This vulnerability affects versions 2.0.5 and later of Lottie Player, allowing unauthorized transactions that jeopardize users’ funds and personal information. Experts are urging users to steer clear of these platforms until the issues are fully addressed. The attack originated from compromised JSON

The SEC confirms Grayscale’s application to convert its Digital Large Cap Fund into crypto ETF

November 1, 2024 1 min read

The SEC has given the green light to Grayscale’s proposal to convert its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), which could pave the way for the first multi-asset crypto ETF on the market. This decision is anticipated within the next 45 to 90 days and could significantly impact the crypto landscape. The GDLC fund currently invests in a range of crypto, including Bitcoin, Ethereum, Solana, and