SBI VC Trade to Acquire DMM Bitcoin’s Customer Accounts Following $320 Million Hack

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

Analyzing VET’s bullish pennant breakout

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

Montenegro Court Rejects Do Kwon Extradition Appeal

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

$200K Bitcoin? Too Small – Government Reserves Could Ignite $500K BTC Explosion

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

Could Solana’s Price Climb to $330 Soon?

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

Bitget Merges its Native Tokens BGB and BWB

Bitget is merging its native tokens, BGB and BWB, into a unified token, BGB, to streamline its ecosystem and enhance utility across its exchange and wallet platforms. Post-merger, BGB will power decentralized applications, staking in DeFi protocols, multi-chain gas fee payments, and real-world Web3 PayFi solutions like dining, travel, and shopping. BWB holders will have … Read more