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A prominent analytics firm says deep-pocketed Bitcoin investors are gobbling up massive amounts of BTC at the expense of retail traders.
In a new post on the social media platform X, Santiment says the number of crypto wallets holding at least 100 BTC has increased rapidly over the last 30 days.
“As crypto prices have let retail traders down, Bitcoin whales are growing in number. A net gain of +...
A widely followed crypto investor thinks that Bitcoin’s (BTC) old cyclical pattern based on its four-year halving schedule is no longer valid.
Pseudonymous analyst Jack Sparrow tells his 251,100 followers on the social media platform X that crypto market participants are heavily relying on previous price patterns based on the four-year halving cycle.
According to Jack Sparrow, however, this time...
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In 2024, the restaking sector evolved from an emerging concept to a significant reality of the DeFi (decentralized finance) ecosystem.
The success of restaking is closely tied to the limitations of layer-one blockchains, which can only guarantee the validation of information held within the chain.
While developers could easily leverage each layer-one trust...
The layer-1 blockchain MultiversX (EGLD) is dominating the crypto gaming sector in terms of development activity, according to the analytics firm Santiment.
Santiment notes that MultiversX, formerly known as Elrond, registered 228.73 notable GitHub events in the past 30 days.
The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) was second, clocking 195.03 events.
Wrapped Nine...
Banking giant Wells Fargo reportedly drove a customer’s account into the negative for days over confusion about a paper check.
Sacramento resident and longtime Wells Fargo customer Gerald Monroe Mann says he wrote a $400 check – and soon after discovered $4,000 had been withdrawn from his account, reports CBS News.
After spending hours on the phone, Mann confirmed that the recipient had cashed...
Former FTX executive Ryan Salame has withdrawn a previous court filing accusing the US government of walking back its promise not to prosecute his partner, but a judge has scheduled a hearing on the matter anyway.
Salame is the former co-CEO of FTX Digital Markets, the Bahamian subsidiary of the bankrupt crypto exchange.
Last year, the former executive pled guilty to conspiracy to make unlawful...
A US judge tossed the class action lawsuit accusing Elon Musk and his company Tesla of manipulating the Dogecoin (DOGE) market.
A group of disgruntled DOGE investors sued Musk in 2022, accusing the business magnate of orchestrating a pump-and-dump via a series of public comments about the popular memecoin.
Musk’s lawyers have filed multiple motions to dismiss the lawsuit, and the Dogecoin...
The majority of crypto owners in the US support Donald Trump over Kamala Harris despite the former president being behind in a new national poll.
According to a recent poll conducted by Fairleigh Dickinson University (FDU), US crypto owners are embracing Trump as their candidate for the upcoming presidential election as he holds a double-digit lead against Harris amongst them.
“Voters who say...
A growing number of US banks are accused of routinely misleading customers in a push to pocket billions of dollars.
JPMorgan Chase is now facing a proposed class action lawsuit for allegedly shifting customers’ idle cash into accounts with extremely low interest rates without proper disclosure.
The bank joins Wells Fargo, Bank of America and others accused of using cash sweep programs to quietly...
A widely followed economist believes that the outcome of this November’s US presidential election could have significant ramifications for the crypto market.
In a new interview on the Unchained Podcast YouTube channel, economist Alex Krüger says that altcoins will likely fare better if former US president and Republican nominee Donald Trump prevails.
However, if the Democratic nominee and...