Animoca Brands has recently alerted the cryptocurrency community about a fraudulent ANIMOCA token following a security breach involving its co-founder, Yat Siu. The significant rise in the fake token’s value, which peaked at 500%, underscores the urgent need for better security measures in the crypto space. In a statement, Yat Siu underscored the shocking bypass … Read more
Turbo crypto soared 25% on Christmas Eve amid strong AI sector traction. With 85% in profit, will Turbo crypto recovery extend? Turbo crypto rallied 25% on Christmas Eve, a ‘Santa rally’ that lifted AI agents and NFT segments by 8% and 5% on average, respectively. As an AI memecoin, Turbo crypto benefited from the sector’s … Read more
The post Ethereum Price Gears Up: Will Bulls Trigger a New Rally? appeared on BitcoinEthereumNews.com. Ethereum price started a decent increase above the $3,350 resistance. ETH is now recovering some losses and might gain pace if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,400 zone. The price is trading above … Read more
COINOTAG News reports that on December 26th, the Japanese financial entity SBI VC Trade has made significant strides in the cryptocurrency domain by securing assets from the compromised exchange, DMM Bitcoin. This acquisition follows a tumultuous period for DMM, which experienced a major security breach in May, leading to the loss of approximately $320 million. … Read more
The bullish pennant breakout signals upward potential, with $0.057 as the key resistance level. Market confidence rises with open interest at $88.23 million, RSI at 51.19, and solid metrics. VeChain [VET] has captured market attention with its sharp breakout from a bullish pennant pattern, signaling a potential continuation of its upward trend after weeks of … Read more
SBI VC Trade has sealed a deal with DMM Bitcoin to receive the hacked exchange’s assets, with DMM customers expected to transition to SBI in March.
Montenegro’s Constitutional Court has rejected an appeal by Do Kwon, the co-founder of Terraform Labs, against his extradition. This decision removes a significant legal barrier in the extradition process. The decision was reportedly unanimous. It cited legal flaws in Kwon’s appeal and affirmed a previous ruling supporting extradition. The case now moves to Montenegro’s justice … Read more
Bitcoin could hit $500,000 if governments consider strategic reserves, with mounting demand from ETFs, corporations, and institutions outpacing limited supply, driving prices sharply higher. $500K Bitcoin Could Be Next – $200K Will Be Quaint Once Reserves Kick In Matt Hougan, chief investment officer at Bitwise Asset Management, shared his bullish outlook for bitcoin during an … Read more
Recent developments in the cryptocurrency market have put Solana under the spotlight, with predictions suggesting a potential surge in its price. Over the past month and week, however, Solana has demonstrated less favorable performance compared to previous periods. Despite this setback, a notable cryptocurrency expert posits that Solana could hit the $330 mark in the … Read more
Bitcoin reserves on Binance have fallen under 570,000 BTC, the lowest level since January. Will history repeat itself?