Cumberland Receives $61.38 Million in ETH from Fidelity’s FETH ETF, Transferred to Binance

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In a significant move within the cryptocurrency market, Cumberland, a prominent liquidity provider, recently acquired a distribution of 20,000 ETH, valued at approximately $61.38 million. This transaction, reported by COINOTAG News on January 14th, originated from Fidelity’s FETH ETF address. Following the distribution, the entire amount was promptly transferred to Binance, indicating a potential shift … Read more

Solana (SOL) Price Prediction For January 14

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Despite significant price fluctuations in the past 24 hours, Solana (SOL) has maintained its crucial support at $175. However, this volatility has led some whales to lose confidence and dump their holdings, impacting the market today. Crypto Whale Dump $22 Million of SOL On January 13, 2024, Whale Alert, a blockchain-based transaction tracker, posted on … Read more

Chainalysis Expands Anti-Fraud Efforts With Alterya Acquisition

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Chainalysis, the blockchain analytics firm, has announced its acquisition of Alterya, a firm that harnesses artificial intelligence (AI) to combat fraud. Blockchain Analytics Firm Chainalysis Acquires Fraud Detection Startup Alterya Alterya, positioning itself as a preemptive scam detector, claims expertise in thwarting fraudsters before they target their victims. Its clientele reportedly includes major players such … Read more

Robinhood To Pay $45M To Settle US SEC’ Securities Charges

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The US Securities and Exchange Commission (SEC) charged the American commission-free trading platform Robinhood Markets Inc for violating Federal securities provisions. The markets regulator specifically charged two of the exchange’s affiliated broker-dealers. The Robinhood and US SEC Settlement The US SEC publication announcing the charges noted that the Robinhood entities violated up to 10 securities … Read more

MOVE Price Falls 11% Amid Sustained Selling Pressure

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Movement (MOVE) has dropped approximately 11% in the past 24 hours, extending its correction to 26% over the last seven days. Technical indicators, including the RSI and Ichimoku Cloud, point to a strongly bearish outlook, with MOVE trading near oversold levels and far below the cloud. The recent formation of a death cross has intensified … Read more

Coinbase Adds PNUT Meme Coin On Solana Network

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Peanut the Squirrel (PNUT), a Solana-based meme coin that emerged in 2024, will join Coinbase platform. Pending liquidity requirements, trading for the PNUT-USD pair is set to commence on January 14, 2025, at 9:00 AM PT. The announcement follows a previous roadmap update in December. Coinbase Confirms Solana-Based PNUT Meme Coin Trading to Begin This … Read more

20+ Countries Seek to Join the Bloc

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The BRICS bloc’s push for de-dollarization and its rising prominence in reshaping global economic dynamics have drawn significant interest from Africa, Asia, and Latin America. U.S. President-elect Donald Trump has threatened 100% tariffs on countries supporting a BRICS currency to challenge the U.S. dollar. Yury Ushakov, a senior side to Russian President Vladimir Putin, announced … Read more