Chainlink’s Bullish Signal Crypto trader Ali Martinez believes Chainlink (LINK) is giving a short-term bullish signal. The Tom DeMark (TD) Sequential indicator recently showed a buy signal, indicating a potential upward trend over the next few days. Bitcoin’s Outlook Martinez also discussed Bitcoin (BTC), suggesting it has room for further growth. He noted that Bitcoin…
A DeFi platform called Hedgey Finance has been hacked, resulting in the theft of at least $1.9 million. Loss Estimate Discrepancy Cyvers, a cybersecurity firm, estimates the loss at $1.9 million, while on-chain analyst Colin Wu claims it’s closer to $44 million. Hedgey Finance has not confirmed the larger figure. User Action Recommended Hedgey Finance…
Binance, a leading cryptocurrency exchange, has converted its $1 billion Secure Asset Fund for Users (SAFU) entirely into the stablecoin USDC. SAFU Fund Background SAFU was established in 2018 to protect Binance users from market volatility. The fund has typically held a balance of $1 billion, but its value has fluctuated due to crypto price…
Who’s Schwartz Loyal To? Ripple’s CTO, David Schwartz, clarified his loyalty after facing questions about his role and wealth. He explained that he’s loyal to those who earn it, including his employer, Ripple. However, he emphasized that his loyalty is conditional and he’d leave if Ripple no longer deserved it. Is Schwartz Ripple’s Steve Wozniak?…
Unregistered Offerings and Sales The SEC alleges that Justin Sun, founder of Tron, sold two cryptocurrencies (TRX and BTT) without registering them with the SEC or qualifying for an exemption. This violates federal securities laws. Manipulative Trading The SEC accuses Sun of directing “wash trading” of TRX to create the illusion of legitimate investor interest…
As Bitcoin prepares for its fifth halving in April, data from CryptoQuant reveals that seasoned investors and miners have been the biggest winners. Old Whales Triumph “Old whales,” long-term Bitcoin holders, have enjoyed a remarkable 223% increase in unrealized profits. Their patience and holding strategy have paid off handsomely. New Whales Lag Behind “New whales,”…
Binance CEO’s Statement Binance CEO Richard Teng has stated that the company is fully cooperating with Nigerian authorities in the ongoing $35 million money laundering case. Arrests and Charges Binance’s head of financial crime compliance, Tigran Gambaryan, and regional manager for Africa, Nadeem Anjarwalla, were arrested in Nigeria. Gambaryan faces money laundering charges, while Anjarwalla…
Floki Coin’s Breakout Potential Crypto analyst Inmortal predicts that Floki (FLOKI) could experience a significant rally on April 20th, known as “DOGE Day” to Dogecoin supporters. If Dogecoin (DOGE) surges, Inmortal believes FLOKI will follow suit. He suggests that a breakout will be confirmed if FLOKI flips the $0.00016 level into support. Bitcoin’s Market Bottom…
A crypto analyst known as Rekt Capital has warned that Bitcoin (BTC) is currently in a “danger zone” characterized by a significant market correction. Pre-Halving Retracements According to Rekt Capital, pre-halving corrections are common in Bitcoin’s history. He notes that these corrections typically occur before a period of bullish growth. Bottoming Out Rekt Capital believes…
A popular crypto analyst has shared his bullish views on a competitor to Solana (SOL) and provided updates on three other altcoins. Sei (SEI) The analyst, known as Altcoin Sherpa, believes Sei could be a “decent trade” as it sits at a crucial support level. According to his analysis, SEI is resting on the 0.618…
