Bitcoin has been struggling lately, but it’s finally showing some signs of life. It’s climbed back above the average price that short-term holders paid for it, which is a good sign for the future. What Does This Mean for Bitcoin? When Bitcoin goes back to the average price that short-term holders paid, it usually means…
A major Shiba Inu (SHIB) developer has issued a warning to the SHIB community about a recent hack on WazirX, a popular Indian crypto exchange. The hack resulted in the theft of over $235 million in crypto assets, including a significant amount of SHIB. What Happened? The hack targeted WazirX’s secure wallet, compromising its security…
The Winklevoss twins, known for their involvement in the crypto world, have thrown their support behind John Deaton, a lawyer who’s been a vocal advocate for XRP. They’ve donated a total of $1 million to Deaton’s campaign to unseat Senator Elizabeth Warren. Why the Winklevoss Twins are Backing Deaton Tyler Winklevoss described Senator Warren as…
The crypto world is trying to get its act together after a wild ride of scams, crashes, and a lot of uncertainty. Decentralized finance (DeFi) is a big part of this comeback story, but it’s facing a major hurdle: compliance. DeFi’s Compliance Headache DeFi is all about being decentralized, which means there’s no central authority…
A crypto trader has made a massive profit on a memecoin inspired by former President Donald Trump. The coin, called MAGA (TRUMP), has skyrocketed in value this year, and the trader, known as Gigantic Rebirth, cashed in big time. From $0.50 to $7.21: A Huge Return Gigantic Rebirth bought 1.08 million TRUMP tokens for about…
Indian crypto exchange WazirX has been hit by a major security breach, with hackers making off with millions of dollars in cryptocurrency. The exchange confirmed the incident, stating that a multi-sig wallet was compromised, leading to the temporary suspension of both Indian Rupee (INR) and cryptocurrency withdrawals. Crypto sleuth ZachXBT has been investigating the hack…
A crypto expert who correctly predicted Bitcoin’s dip earlier this year is now saying the coin is on the rise. Bitcoin’s Downtrend is Over Rekt Capital, a popular crypto analyst with over 480,000 followers, believes Bitcoin has broken free from its recent downward trend. He says the coin is now entering an uptrend. New Trading…
Is Bitcoin ready to break back into the $70,000s? A lot of crypto analysts are weighing in on Bitcoin’s future, and there’s a lot of talk about whether it can break through $65,000 and even hit $71,500. $65,000: The New Support Level? One analyst, Rekt Capital, says Bitcoin needs to establish $65,000 as a support…
Cryptocurrency exchange WazirX was recently hacked, with over $230 million in crypto assets stolen, including a massive amount of Shiba Inu (SHIB). This incident has shaken the crypto community, especially SHIB holders who had their funds on the exchange. A Message of Support Lucie, a member of the Shiba Inu team, expressed her concern for…
Shiba Inu (SHIB) might be on the verge of a major price jump, potentially pushing its value back above the important $0.00002 mark. This optimism comes from recent trading activity, showing a lot of interest from big investors. Whale Activity is Heating Up Data from IntoTheBlock reveals that massive amounts of SHIB have been changing…
