According to COINOTAG News on May 22nd, on-chain analyst Murphy has provided insights following Bitcoin’s recent surge past its previous all-time high. The analysis indicates that the cryptocurrency has realized profits totaling approximately $2 billion, which signifies a substantial *profit-taking* event, often characteristic of a robust bull market phase. Higher profit realization can correlate with … Read more
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Cetus, a decentralized exchange (DEX) built on the Sui blockchain, has reportedly suffered a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being exploited.” He also shared a screenshot of Cetus market data on … Read more
WIF has jumped 12% and is now trading at $1.12. Dogwifhat’s daily trading volume is up by over 156%. With the 2.76% uptick in the crypto market, the market cap has reached $3.49 trillion. Bitcoin, the largest asset, has hit its new all-time high at $111.8K on the Bitcoin pizza day. Meanwhile, the meme coin … Read more
Bitcoin price rallied to a fresh all-time high of $111,881 earlier on Thursday as the bulls eye $120,000. With the heightened risk-on mood, leading altcoins and meme coins, including Ethereum and Ripple, have recorded significant gains. Notably, the Bitcoin-led rallying has attracted more buyers to the first meme ICO on the Bitcoin network, Bitcoin Pepe. … Read more
A crypto trader spent $3.8 million to buy Ether at a significantly higher price after selling the asset for almost the same amount about a month ago. On May 22, blockchain analytics firm Lookonchain reported that a crypto wallet spent $3.8 million to purchase 1,425 Ether (ETH) at $2,670 per coin, reentering ETH after a … Read more
According to Maghnus Mareneck, co-CEO of Interchain Labs, the Colombian government will be testing a still-unannounced CBDC on the Cosmos network. Colombia aims to target cross-border payments with this new CBDC, which has just emerged from stealth with this announcement. Colombia Hops Onto the CBDC Bandwagon With Stealth CBDC Pilot Colombia would be the latest … Read more
Fifteen years after a programmer traded 10,000 BTC for two pizzas, the crypto community marked Bitcoin Pizza Day with record-breaking celebrations. In 2010, Laszlo Hanyecz paid roughly $41 for a pair of Papa John’s pies in what became the first known real-world Bitcoin transaction. Today, those coins would be worth $1.11 billion at Bitcoin’s new … Read more
Crypto awareness in Singapore has reached an all-time high, with 94% of respondents in a recent survey indicating familiarity with at least one digital asset. However, ownership has declined, falling to 29% in 2024 from 40% in 2023, according to Independent Reserve’s fifth annual Singapore Crypto Market Survey released on May 21. The survey, conducted … Read more
Cookie DAO token has been among the top trending cryptocurrencies on various platforms this week. The token’s price has risen to $0.2508 from a monthly low of $0.1128. The main reason why the price of the Cookie DAO token is rising is the launch of Cookie Snaps. In recent days, the Cookie DAO token, COOKIE, … Read more