Sun’s Role in Liquid Staking Justin Sun, founder of Tron, has made a significant impact on the liquid staking market by depositing a hefty amount of funds into Swell L2, a new player in the space. This move accounts for nearly half of all funds deposited on the platform. Sun emphasizes the potential of liquid…
Crypto analyst The Crypto Dog has identified three altcoins as his top picks for investment: Near (NEAR) The Crypto Dog believes NEAR has strong potential to outperform other cryptocurrencies. He has invested a portion of his Bitcoin and Ethereum holdings into NEAR. Pepe (PEPE) The analyst is bullish on PEPE, a memecoin that has shown…
Malicious App Disguised as Chrome Update A new malware attack known as ‘Brokewell’ is targeting Android users, posing a significant threat to the banking industry. The malware disguises itself as a fake Google Chrome browser update webpage, tricking users into installing it. Capabilities of Brokewell Once installed, Brokewell gives criminals full control over the device….
Whales Accumulate Massive BTC Holdings CryptoQuant CEO Ki Young Ju reports that Bitcoin whales have amassed a staggering 47,000 BTC (worth $2.96 billion) in just 24 hours. This surge in whale activity signals a potential shift in the crypto market. Defining Whale Activity Ju’s analysis focused on whales holding at least 100 BTC and excluding…
A subsidiary of the US crypto exchange Kraken is reportedly reaping significant benefits from the booming spot Bitcoin (BTC) exchange-traded fund (ETF) market. CF Benchmarks: The Hidden Beneficiary CF Benchmarks, a London-based subsidiary of Kraken, provides reference data for crypto ETFs worth approximately $24 billion. It has emerged as an under-the-radar beneficiary of the recent…
The thriving Shiba Inu community is facing a new threat: scammers pretending to be key developers on platforms like Telegram. Impersonators Target Shiba Inu Developers Shibarmy Scam Alerts, a vigilant community group, has uncovered fake Telegram accounts impersonating Shytoshi Kusama and Kaal Dhairya, two prominent figures in the Shiba Inu ecosystem. The scammers have created…
JPMorgan Chase has agreed to pay $448 million to US regulators for failing to properly monitor billions of transactions on its global trading platforms. Enforcement Actions The banking giant has reached a deal with an unnamed regulator for an additional $100 million penalty. This comes on top of a $348 million enforcement action by the…
Analyst’s Bullish Outlook Crypto analyst TechDev believes Bitcoin is on track for a major price surge, mirroring its previous bull market pattern. Elliott Wave Theory Using Elliott Wave theory, TechDev suggests that Bitcoin is in the final bullish wave, which could push it towards $90,000-$100,000 by year-end. Relative Strength Index (RSI) The analyst also points…
Analyst Michaël van de Poppe predicts a crypto rally following disappointing economic data. Economic Factors Driving Rally Van de Poppe cites weak job market data, including rising unemployment and lower-than-expected wage growth, as signs that the Federal Reserve will loosen monetary policy. This, he believes, will boost risk-on assets like cryptocurrencies. Altcoin Market Outlook The…
According to on-chain analyst Checkmate, Bitcoin is poised for a significant upswing in the coming months. Six Months of Consolidation Checkmate predicts that Bitcoin will experience a period of consolidation for approximately six months. This period will be characterized by price fluctuations without a clear trend. Parabolic Advance Following the consolidation phase, Checkmate expects a…
