Bitcoin Miner Reserves Fall To Lowest Level Since 2021 – A Worry For BTC Price? Bitcoin Miner Reserves Fall To Lowest Level Since 2021 – A Worry For BTC Price?

The price of Bitcoin has been in a good recovery form in recent days, making its way back above $43,000 this week. However, the latest on-chain data shows that miners have been offloading their BTC, as they seem to be engaging in a selloff ahead of the halving event in April. Miners Sell $600 Million

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Cathie Wood Led Ark Invest Acquires More Crypto-Related Stocks Cathie Wood Led Ark Invest Acquires More Crypto-Related Stocks

Ark Invest, led by Cathie Wood, has been buying up cryptocurrency-related stocks, including its Ark 21Shares spot Bitcoin ETF (ARKB). Last week, the ARK Next Generation Internet ETF (ARKW) spent $51 million buying 1.27 million ARKB units. The ARK Next Generation Internet ETF (ARKW) managed by Cathie Wood maintained its

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Bitcoin, Ethereum End the Week Strong After Rocky Start

It’s been a week of ups and downs for Bitcoin and other major coins and tokens—but the market is finishing the week strong.

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Crypto scams in 2024: A turn for the better or calm before the storm? Crypto scams in 2024: A turn for the better or calm before the storm?

In January 2024 alone, cryptocurrency projects lost $127 million due to hacking and fraud – six times more than in January 2023 and three times more than last December. In the meantime, losses in the crypto industry from breaches in 2023 decreased by more than half compared to 2022. Should we expect this decline to
The post Crypto scams in 2024: A turn for the better or calm before the storm? appeared first on CryptoSlate.

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Binance Aids Recovery Of $4.2 Million In XRP, Retrieval Still Ongoing Binance Aids Recovery Of $4.2 Million In XRP, Retrieval Still Ongoing

On Wednesday, the news of a 213 million XRP exploit shocked the Ripple community as speculation of a security breach in the security of the payment firm. Later details provided by Ripple executives clarified that the company did not manage the compromised accounts. In a recent development, leading crypto exchange Binance has identified and frozen

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Hong Kong Takes Decisive Crypto Step: Preparing Consultation For Regulating OTC Venues Hong Kong Takes Decisive Crypto Step: Preparing Consultation For Regulating OTC Venues

Hong Kong is set to introduce a new regulatory framework targeting over-the-counter (OTC) crypto trading platforms. This initiative, announced by the region’s Financial Services and the Treasury Bureau (FSTB), underscores Hong Kong’s commitment to ensuring a “transparent” digital asset marketplace. The local government’s impending publication of this regulatory consultation represents a critical step in addressing

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3 Altcoins Whales are Eyeing for February 2024

As we delve into the cryptocurrency market of February 2024, the focus turns to three standout digital assets that have captured the attention of whales—Retik Finance, Solana, and Polygon. In this dynamic market, large investors are strategically eyeing opportunities, recognizing the unique strengths and potential each cryptocurrency brings to the

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FTX Faces Lawsuit From Creditors Challenging $16,000 Bitcoin Repayment Plan FTX Faces Lawsuit From Creditors Challenging $16,000 Bitcoin Repayment Plan

A group of creditors of the bankrupt crypto exchange FTX filed an adversary lawsuit in response to the proposed payout plans, seeking to establish that deposits are their property rather than FTX’s.  The proposed plan of the defunct exchange would see creditors repaid based on November 2022 prices of digital assets, which are significantly lower

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