Since they were approved earlier this year, Spot Bitcoin ETFs have been scooping up Bitcoin like crazy. These ETFs are basically investment funds that let people invest in Bitcoin without actually buying the cryptocurrency themselves. Big Players in the Game BlackRock is leading the charge, and their IBIT ETF has already bought more Bitcoin than…
A crypto analyst, known as Astronomer, is predicting a strong bull market for Bitcoin in the final quarter of 2024. He’s basing this prediction on historical data and a surprising trend in September. September’s Unexpected Green Astronomer points out that Bitcoin has performed unexpectedly well in September, potentially setting a record for the greenest September…
Bitcoin has been holding strong above $60,000 for the past two weeks, and everyone’s feeling optimistic. Traders and investors are excited, and data is backing up their hopes. Short-Term Holders Are Selling, But It’s a Good Thing According to CryptoQuant, short-term holders (STHs) are cashing in on their profits and selling their Bitcoin. This might…
The crypto market is gearing up for another massive bull run, and everyone’s looking for the next big thing. FXGuys ($FXG) is a new project that’s catching the attention of savvy investors. It’s a decentralized platform that brings forex trading, the world’s biggest financial market, onto the blockchain. What is FXGuys? FXGuys is all about…
Cryptocurrency theft is becoming a major problem, with criminals targeting both individuals and platforms. Robbing Crypto Traders In recent months, there’s been a surge in violent robberies targeting cryptocurrency traders in Western Europe. These aren’t just online hacks; these are real-life armed robberies where criminals hold victims hostage and force them to hand over their…
Bitcoin is Leaving Exchanges There’s a buzz in the crypto world about Bitcoin’s recent price action. Experts are noticing a trend: investors are moving their Bitcoin off of exchanges. This suggests they’re holding onto their coins, expecting prices to rise. It’s a good sign for Bitcoin’s future! Stablecoins Are Flowing into Bitcoin Another positive sign…
A popular crypto analyst is predicting big things for Fantom (FTM), an Ethereum rival. He believes the upcoming migration to Sonic could send FTM prices soaring. Fantom’s Sonic Migration: A Bullish Catalyst The analyst, known as Rager, believes that Fantom’s move to Sonic, a new blockchain designed to scale the network, could be a major…
A US judge has ruled that Roman Storm, co-founder of the crypto mixer Tornado Cash, will face trial in December. Storm was accused of helping the North Korean hacking group Lazarus launder stolen funds. Judge Rejects Dismissal Motion Storm’s lawyers argued that he simply created an open-source protocol that offered privacy for Ethereum users, which…
The FBI has seized millions of dollars worth of cryptocurrency from scammers in Southeast Asia who were targeting American citizens. Crypto Confidence Schemes: How They Work These scammers use a variety of tactics to lure their victims, including: Dating apps: They build trust with their victims through online dating before suggesting “investment opportunities.” Text messages:…
A fake crypto wallet app on the Google Play Store has been caught stealing tens of thousands of dollars from unsuspecting users. The app, downloaded a whopping 10,000 times, was disguised as a legitimate app associated with WalletConnect, a popular protocol for connecting crypto wallets to online apps. The Scam: The fake app, cleverly named…
