In a surprising turn of events, the spot Bitcoin ETF market has experienced a significant increase in net inflows following a week of outflows. This week’s activities have shown a remarkable reversal from the previous trend, with Tuesday alone seeing a substantial net inflow of $480 million. This positive momentum continued with an additional $243.5
Bitcoin price is currently consolidating gains above the $69,000 support zone, showcasing positive signs for potential growth. The digital currency must successfully clear the $71,500 resistance zone in order to initiate a steady increase in value. As Bitcoin continues to trade above $69,000 and the 100 hourly Simple Moving Average, a major bullish trend line
In a recent case that shocked the nation, a South Korean civil servant was arrested for committing crypto-related fraud and carrying out voice phishing attacks. The accused, a level six district office official in her 50s, allegedly received money from multiple victims and converted the fiat to Bitcoin. She then sent the coins to a
The US Department of the Treasury, through its Office of Foreign Assets Control (OFAC), took decisive action on March 27 by imposing sanctions on the Palestinian news network Gaza Now. The sanctions were issued on the grounds of allegations accusing Gaza Now of providing support to Hamas, a designated terrorist organization. This move by the
Recently, the crypto community has been abuzz with the news of a Bitcoin whale making massive transactions, moving a substantial amount of BTC across different wallets. The blockchain analysis platform Arkham Intelligence brought this to light in a post on social media platform X (formerly Twitter). The Bitcoin address 37XuVSE transferred over $6 billion in
The cryptocurrency market is experiencing a surge, particularly in the meme coin sector. Popular meme coin DogWifHat (WIF) has seen a significant increase of 42% in the last seven days. Additionally, Dogecoin (DOGE), the original Shiba Inu referencing cryptocurrency, has also surged by 37% over the same period. These gains have outpaced the performance of
The recent criminal charges levied against KuCoin by US authorities have resulted in a significant surge in withdrawal requests from the platform. Data from various on-chain analytics firms such as DefiLlama, Nansen, and SpotOnChain indicate that traders across different categories, including whales, funds, smart money, and market makers, have been withdrawing their assets en masse.
The recent security breach that occurred on the web3 gaming platform Munchables has sent shock waves through the cryptocurrency community. The platform lost a staggering $62.5 million in Ethereum due to an exploit on the Blast network. Munchables confirmed the exploit through a post on social media, stating that the loss occurred on March 26.
The Bitcoin price is currently consolidating gains above the $70,000 resistance zone, showcasing a positive trend after moving above the $66,500 level. With the price trading above $70,000 and the 100 hourly Simple Moving Average (SMA), there is a sense of stability in the market. Additionally, a key bullish trend line has been identified with
In the realm of cryptocurrency, the flux protocol and Ondo DAO’s governance token ONDO recently achieved a significant milestone by setting a new all-time high (ATH). According to data from CoinGecko, ONDO surged to an impressive price of $0.9934 earlier today, only to retract by 11% and stabilize at $0.8679. Currently ranked as the 95th
