Trader turns $1K into $750K trading Tron memecoin SunWukong
The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet.
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Application for China’s ‘First’ Blockchain ETF Filed With Regulator
An application for a blockchain-focused exchange-traded-fund (ETF) has been filed with China’s securities regulator, according to a disclosure from the China Securities Regulatory Commission. The proposal, filed on Dec. 24 by Shenzhen-based asset manager Penghua Fund, is for an ETF that would track the performance of a basket of publicly-listed stocks from businesses in the blockchain…

Bitcoin price rivals 10-month high as CPI data beats expectations
BTC price performance gets a fresh boost from strong U.S. inflation data, with Bitcoin bulls eyeing a clean trend breakout. 1733 Total views 7 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) spiked higher prior to the April 12 Wall Street open as United States inflation data outperformed market…

Look out below! Dogecoin risks further downside after a key support is tested
Dogecoin (DOGE) is potentially at risk of losing critical support if the price falls from the ascending channel traded in for the last 53 days. Although technical analysis is not an exact science, a daily close below $0.26 will likely invalidate the current movement.DOGE/USD price at FTX. Source: TradingViewAside from the Bitcoin (BTC)-driven headwinds, which…

Lifinity USDC pool drained by arbitrage bot
A bug on an Immediate-or-Cancel order led to the drainage of nearly $700,000 from Lifnity's LFNTY-USDC pool. 143 Total views 1 Total shares Decentralized exchange (DEX) Lifinity had its LFNTY-USDC pool drained by an arbitrage bot on Dec. 8. According to Lifinity’s Discord channel, an unexpected response to a failed trade caused the $699,090 loss.A

Record-high Bakkt Bitcoin delivery exposes institutional frenzy for BTC
Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months.Bitcoin delivery on Bakkt. Source: ICE, Arcane ResearchBakkt, the digital asset payment platform and derivatives exchange, is tailored for institutional investors…

33 money laundering crypto crims targeted worldwide in 3 separate cases
Law enforcement representing 16 different countries cooperated to arrest 20 members of a global crypto-powered money laundering cartel in just one of the cases. Law enforcement officials from around the world hav taken action against a major transnational money laundering operation involving cryptocurrency.On Oct. 15, Europol announced a successful operation across 16 countries that resulted…

Bitcoin returns to $40K, liquidating over $50M of shorts in hours
It's sudden death for those who were shorting Bitcoin or altcoins on Feb. 4, as major upside levels reappear after a two-week absence. 1954 Total views 17 Total shares Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls.BTC/USD 1-hour…

East vs. West — How Does Cryptocurrency Adoption Compare?
Ethereum recently turned five years old, and coincidentally, it also appears to have reached an inflection point for user adoption. In the second quarter of 2020, daily active Ethereum users nearly doubled to 1.26 million, up from 637,000 in the first quarter, according to a recent report from Dapp.com. The sudden spike is widely attributed…