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More Than Half of Crypto Tokens, Memecoins Launched in 2024 Were Malicious: Blockaid

Posted by By admin December 19, 2024Posted inFinanceNo Comments
EMBARGOED UNTIL 19 DECEMBER 2024 @ 9:00 AM ETBlockchain security firm Blockaid said a full 59% of crypto tokens introduced this year were "malicious in nature."The number of nefarious tokens…
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Bitcoin (BTC) Miners Are Expected to be Profitable in December, Jefferies Says

Bitcoin (BTC) Miners Are Expected to be Profitable in December, Jefferies Says

Posted by By admin December 19, 2024Posted inFinanceNo Comments
BTC's rise to record highs earlier this week is expected to allow miners to extend their November profitability into December, according to a report by investment bank Jefferies on Wednesday.…
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Bitcoin Miner Hut 8 Buys $100M BTC Bringing Total Holdings to $1B

Bitcoin Miner Hut 8 Buys $100M BTC Bringing Total Holdings to $1B

Posted by By admin December 19, 2024Posted inFinanceNo Comments
Another bitcoin miner, Hut 8 (HUT), has decided to pull the trigger on buying bitcoin in the open market, following the likes of MicroStrategy (MSTR) and MARA Holdings (MARA).The Miami,…
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Craig Wright Faces COPA Demand for Two-Year Prison Sentence in Contempt-of-Court Case

Posted by By admin December 19, 2024Posted inFinanceNo Comments
Craig Wright, who falsely claimed to be Satoshi Nakamoto, the pseudonymous creator of bitcoin, is in court again.This time, the Crypto Open Patent Alliances is arguing Wright's attempt to sue…
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Fed Dashes Quiet Christmas Hopes

Fed Dashes Quiet Christmas Hopes

Posted by By admin December 19, 2024Posted inFinanceNo Comments
By Omkar Godbole (All times ET unless indicated otherwise)If you were looking forward to a quiet Christmas away from your computer, expecting bitcoin to rise steadily through the year-end, forget…
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Razzlekhan’s Husband, the Bitfinex Hacker, Breaks Silence for First Time Since Arrest

Razzlekhan’s Husband, the Bitfinex Hacker, Breaks Silence for First Time Since Arrest

Posted by By admin December 19, 2024Posted inFinanceNo Comments
Ilya Lichtenstein, who pled guilty last year to charges related to the 2016 theft of 120,000 bitcoin from Bitfinex, has made his first public statement since his 2022 arrest.In a…
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Wall Street’s Fear Gauge VIX Points to Local Bitcoin Bottom

Wall Street’s Fear Gauge VIX Points to Local Bitcoin Bottom

Posted by By admin December 19, 2024Posted inFinanceNo Comments
Wednesday, Dec. 18, will go down in history as a day of market panic triggered by the 25 basis point Fed rate cut and Chair Jerome Powell's hawkish outlook.Bitcoin (BTC)…
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U.S. Listed Spot Bitcoin ETFs on the Verge of Surpassing Gold ETFs

U.S. Listed Spot Bitcoin ETFs on the Verge of Surpassing Gold ETFs

Posted by By admin December 19, 2024Posted inFinanceNo Comments
The year 2024 has marked a significant breakthrough for digital assets, particularly for bitcoin (BTC), driven by increased institutional adoption. This shift has occurred through two key avenues: first, the…
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Crypto Longs Record $700M Liquidations as Trump’s Bitcoin Plans Dented

Crypto Longs Record $700M Liquidations as Trump’s Bitcoin Plans Dented

Posted by By admin December 19, 2024Posted inFinanceNo Comments
A bitcoin (BTC) slump spiraled into over $700 million worth of liquidations across futures tracking major tokens, with XRP and dogecoin (DOGE) products recording unusually high losses.BTC fell under $100,000…
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Hawkish Fed Has Bitcoin (BTC) Market Showing Strongest Bias for Downside Protection in 3 Months

Hawkish Fed Has Bitcoin (BTC) Market Showing Strongest Bias for Downside Protection in 3 Months

Posted by By admin December 19, 2024Posted inFinanceNo Comments
Crypto traders initial worries about a hawkish Fed materialized Wednesday as Chairman Jerome Powell cut interest rates but expressed uncertainty about the speed and extent of future easing. And now…
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