Search
Bitcoin 'anxiety stage' risks more September losses, but there’s a silver lining
13.9.2024
Bitcoin’s "anxiety stage" suggests more potential September downside before the next leg up, the latest price analysis suggests.
FBI Warns of Growing $55 Billion Business Email Scam
13.9.2024
The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently routed through banks in the United Kingdom, Hong...
Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%
11.9.2024
BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021
FBI reports Americans lost $5.6B to cryptocurrency fraud in 2023
9.9.2024
The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found
FBI reports Americans lost $5.6B to cryptocurrency fraud in 2023
9.9.2024
The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found
Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
9.9.2024
This week saw notable movements in the crypto market, with some assets experiencing significant gains while others faced steep declines. The total market capitalization of the cryptocurrency market currently stands at $1.96 trillion, reflecting a 1.53% increase from the previous week. Let’s...
Political Meme Coin Economy Shrinks by $420M as US Election Nears
8.9.2024
As the U.S. election draws closer, the top political meme tokens by market cap have seen a combined $420 million vanish over the past 96 days. Back on June 3, maga (TRUMP), a meme coin themed after the 45th U.S. President, Donald Trump, reigned supreme. Fast forward, and it has lost its crown...
Istanbul Police Arrest Omegapro Managers Over $4 Billion Crypto Fraud Scheme
8.9.2024
Two managers from the now-defunct crypto fraudulent investment platform Omegapro were arrested in Istanbul, according to Turkish media reports. Dutch executive Robert Velghe was arrested Tuesday, following the July arrest of Swedish co-founder Andreas Szakacs. Omegapro, founded in 2018...
Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
7.9.2024
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode:...
September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit
7.9.2024
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their combined market caps shrink the most, dragging...
Crypto Economy Falls to $1.91T, 34 Coins Hit Hard With Double-Digit Declines
6.9.2024
While bitcoin has dropped 7.6% over the past week and ether has slid 7.98%, many other assets have faced notable declines. The Tron-based SUN token took the hardest hit, plunging 23.61% to become this week’s biggest loser. On the flip side, helium (HNT) surged 27.23% within the same...
FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket
6.9.2024
The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve impersonations and target vulnerable populations, such as older...
Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows
5.9.2024
Cryptocurrencies continued their weak trading as recession fears weighed on risk assets ahead of Friday's key jobs data report
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
5.9.2024
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs...
CoinDesk 20 Performance Update: Heavy Losses in APT and MATIC Lead the Index Lower
5.9.2024
Aptos fell 5.1% while Polygon dropped 4.1% as the Coindesk 20 trends downward
Daily Crypto Update: Top Assets Gain Back Value After Massive Losses
5.9.2024
The crypto market’s mid-week performance follows the pattern from August. On Wednesday, the market witnessed most of the…
Crypto losses to hacks exceed $313M in August
1.9.2024
Two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million
Dogecoin Manipulation Lawsuit Against Elon Musk and Tesla Dismissed
1.9.2024
Elon Musk and Tesla Inc. successfully had a lawsuit dismissed that accused them of manipulating the price of dogecoin (DOGE) for personal gain. A U.S. District Judge in Manhattan ruled that the plaintiffs failed to provide convincing evidence, despite multiple revisions of their claims. The lawsuit...
PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses
30.8.2024
On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with market expectations. During the day, gold hit a low...
Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M
30.8.2024
After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday Crypto Slide: Bitcoin Falls, Ether Sinks,...