Category: Uncategorized

Whale Activity Boosts Cardano and Dogecoin

Last week, significant whale activity in the cryptocurrency market drew attention as major investors aggressively purchased Cardano (ADA) and Dogecoin (DOGE). Analyst Ali Martinez revealed on social media platform X that whales accumulated a staggering $150 million worth of ADA and DOGE within just 48 hours. At the time of writing, ADA is trading at […]

Billionaire Says: Own Some Bitcoin

Billionaire and Interactive Brokers Group founder Thomas Peterffy has encouraged investors to acquire Bitcoin while advising caution due to its inherent volatility. Speaking in a Bloomberg interview on Wednesday, Peterffy recommended allocating a modest portion of one’s net worth to the leading cryptocurrency. “I would recommend that people put maybe 2% to 3% of their […]

Avalanche Secures $250M, AVAX Eyes Rally

The Avalanche Foundation has successfully raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. Following the announcement, AVAX prices surged nearly 9%, trading at $52.80 as of press time. The funding round saw participation from over 40 investment firms, marking a significant vote of confidence in Avalanche’s ecosystem. […]

Pro-Crypto French Hill to Lead Financial Services

Republican lawmakers have selected French Hill as the next Chairman of the U.S. House Financial Services Committee, replacing retiring chair Patrick McHenry. Hill, a known advocate for pro-crypto policies, triumphed over fellow Republican contenders Andy Barr, Frank Lucas, and Bill Huizenga in a vote held on Thursday. In his statement on X, Hill expressed gratitude: […]

Ripple’s Legal Chief Slams SEC’s Crenshaw Renomination

Ripple’s Chief Legal Officer, Stuart Alderoty, openly criticized the potential renomination of U.S. SEC Commissioner Caroline Crenshaw. Taking to social media platform X on Wednesday, Alderoty called Crenshaw “even more rogue than Gensler,” referring to her hardline stance against spot Bitcoin ETFs. Alderoty’s remarks come in response to Crenshaw’s continued opposition following a court ruling […]

Scammers Use Fake Bots to Raid Crypto Wallets

Scammers are leveraging a sophisticated mix of fake X (formerly Twitter) accounts, phony Telegram channels, and malicious verification bots to steal cryptocurrency, blockchain security firm Scam Sniffer has warned. In a Dec. 10 X post, Scam Sniffer detailed how scammers impersonate popular crypto influencers on X, luring victims into fake Telegram groups under the guise […]

DTX Exchange Gains Spotlight Amid Market Correction

November’s surging crypto prices and volumes brought significant gains to investors, but the month ended with a market correction. Both Bitcoin (BTC) and XRP holders adjusted their positions, leading to a widespread dip across several coins. Historically, upcycles in crypto markets have shown that projects with strong community support and high user utility generate the […]

MicroStrategy Eyes Nasdaq 100 Inclusion

MicroStrategy (MSTR), known for its aggressive Bitcoin acquisition strategy, is set to potentially join the Nasdaq 100 index on December 23, with the official announcement expected on December 13. Bloomberg ETF analyst Eric Balchunas shared the development in a December 11 post on X, highlighting MicroStrategy’s anticipated move and its broader implications. According to Balchunas, […]