Kanpai pandas NFTs plunge 45% amid Trump token controversy
Kanpai Pandas NFTs saw a 45% floor price drop amid allegations that the team promoted a Trump-themed token which was later disavowed by the Trump family.
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Bitcoin briefly loses its spot as top cryptocurrency — Wait, what?
Bitcoin's twin took over the number-one spot on CoinMarketCap. 4492 Total views 9 Total shares Bitcoin's market capitalization was briefly flippened today as Wrapped Bitcoin suddenly gained quadrillions of dollars in value. But crypto aficionados and maximalists need not worry: The move was a glitch on CoinMarketCap, which briefly displayed Wrapped Bitcoin (WBTC) as worth…
SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs
“We’re not a merit regulator, so we shouldn’t be in the business of deciding whether something is good or bad,” SEC Commissioner Hester Peirce said. 821 Total views 5 Total shares Securities and Exchange Commissioner Hester Peirce has voiced concerns over the United States lagging behind global jurisdictions in adopting cryptocurrency exchange-traded funds (ETFs).During an online appearance…
‘We don’t have much time left’ to regulate crypto, says Bank of France governor
"We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty," said Francois Villeroy de Galhau. Bank of France governor Francois Villeroy de Galhau said that Europe should make crypto regulation a priority or risk digital assets challenging its monetary sovereignty.At a Paris Europlace financial conference today, Villeroy…
Leverage is fueling Bitcoin’s rally to highest price since January 2018
Bitcoin’s recent gains appear to have been driven by leverage-fuelled speculation, with open interest in futures and Binance’s leverage ratio pushing into new highs. 1345 Total views 22 Total shares On Nov. 4, crypto data market aggregator CryptoQuant published a chart indicating Binance’s Estimated Leverage Ratio — open interest divided by Bitcoin (BTC) reserves —…
Hackers exploit zero day bug to steal from General Bytes Bitcoin ATMs
The hack meant that all crypto going into the Bitcoin ATM would instead be siphoned off by the hackers. 171 Total views 15 Total shares Bitcoin ATM manufacturer General Bytes had its servers compromised via a zero-day attack on Aug. 18, which enabled the hackers to make themselves the default admins and modify settings so…
Bitcoin bids move to lowest since March as BTC price dips under $25.7K
Bitcoin’s (BTC) bullish momentum is “fading” as liquidity shifts preempt a volatile move, a new analysis warns.In an X post on Sep. 6, Keith Alan, co-founder of monitoring resource Material Indicators, flagged fresh shifts on the Binance order book.Analyst: Bitcoin bulls and bears both lack “real strength”BTC’s price has stayed tightly rangebound since the weekend
Bitcoin supply held by long-term holders hits all-time high — Research
Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data. 452 Total views 1 Total shares Data from Glassnode suggests that Bitcoin (BTC) is in an accumulation pattern with its available supply reaching a new historical low. According to the report, Bitcoin’s illiquid supply and long-term holders cohort rise.As Bitcoin’s supply
Tax Time: Ernst & Young Release Crypto Tax App
A new crypto reporting app by the big four accounting firm EY will help clients with tax reporting as the IRS cracks down on tax evasion. 1589 Total views 50 Total shares Multinational professional services firm Ernst & Young have released a crypto tax app called EY CryptoPrep. It’s a fully automated, web-based Software as…