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Feed Items

An analyst known for making contrarian crypto calls thinks that Bitcoin (BTC) is days away from igniting a big burst to the upside. Pseudonymous analyst Credible tells his 396,100 followers on the social media platform X that Bitcoin is likely due for one last leg down before a huge breakout. The crypto trader says BTC may fall as low as $62,000 before triggering another parabolic rally to new...
A closely followed analyst says one altcoin flying under the radar may be trading well below its fair value. Pseudonymous analyst Inmortal tells his 214,300 followers on the social media platform X that he’s long-term bullish on Mythos (MYTH). Mythos is a multi-chain ecosystem that aims to democratize gaming for creators and players. According to Inmortal, Mythos is undervalued based on its...
Crypto exchange Binance is still leading the pack in more than one way, according to digital asset analytics firm Kaiko. In a new report, Kaiko ranks the top ten crypto exchanges in terms of liquidity, putting Binance at the top of the list, followed by Bybit and Coinbase. “Liquid exchanges offer superior trading conditions, such as reduced slippage and lower execution risk. While liquidity can...
CoinGecko is warning its users to be cautious when opening emails after the cryptocurrency data aggregator experienced a security breach through its third-party email platform. In a statement, CoinGecko says that on June 5th, it detected unusual activity on its email marketing platform, GetResponse. The firm later received confirmation that an attacker obtained and used a GetResponse employee’s...
New data from market intelligence firm DappRadar reveals that the total value locked (TVL) within the decentralized finance (DeFi) sector has skyrocketed to the highest level in 15 months. In a new blog post, DappRadar notes that DeFi’s TVL has reached $192 billion, a 17% rise from the previous month and the best it has registered since February 2022. TVL refers to the amount of capital...
The Attorney General of New York is suing two crypto firms for their alleged role in a $1 billion pyramid scheme. In a new press release, New York AG Letitia James announces a lawsuit against crypto exchange NovaTech and crypto mining company AWS Mining for allegedly defrauding hundreds of thousands of customers, 11,000 of which were New Yorkers. According to the lawsuit, between 2019 and 2023,...
A trader who accurately called Bitcoin’s (BTC) epic 2022 meltdown thinks Ethereum (ETH) is gearing up to revisit its all-time highs Pseudonymous analyst Capo tells his 847,900 followers on the social media platform X that he’s bullish on Ethereum as long as it holds its immediate support at $3,600. “ETH looking good for bullish continuation.” Source: Capo/X Based on the trader’s chart, he...
SkyBridge Capital founder Anthony Scaramucci believes President Joe Biden will pander to the crypto industry even if it’s against the wishes of Securities and Exchange Commission (SEC) Chair Gary Gensler. In a new interview with the independent journalist David Lin, Scaramucci says Biden is starting to soften his stance on Bitcoin and crypto following the listing approval of spot Ethereum...
BitMEX co-founder Arthur Hayes says that a shift in policy from the central banks is about to boost crypto assets into a new bullish phase. In a new essay, Hayes, now the CIO of crypto investment fund Maelstrom, notes that both the Bank of Canada (BOC) and the European Central Bank (ECB) have decided to lower interest rates. Hayes says the moves by Europe and Canada suggest that a global shift...
A layer-1 blockchain passed the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) to become the top crypto gaming project in terms of development activity, according to the analytics platform Santiment. Santiment notes that MultiversX (EGLD), formerly known as Elrond, registered 236.93 notable GitHub events, compared to 150.4 events for Decentraland. The non-fungible token (NFT)...