A widely followed crypto analyst says that he’s identified when Bitcoin (BTC) could reach its cycle high if history were to repeat itself. In a new strategy session, crypto trader Rekt Capital tells his 481,200 followers on the social media platform X that the top crypto asset by market cap tends to peak 518-546 days The post Here’s When Bitcoin Could Reach Its Cycle Peak if History Repeats Itself, According to Crypto Analyst appeared first on The Daily Hodl .
The UK High Court froze Craig Wright's assets to help Peter McCormack. Wright's claim to be Satoshi Nakamoto was dismissed by the court. Continue Reading: UK High Court Freezes Craig Wright’s Assets to Assist Peter McCormack
The cryptocurrency market continues to evolve, posing challenges in data monitoring and metric analysis. Altcoins, in particular, have shown increasing complexity in metrics influencing their price movements. Recently, Pendle has seen a substantial decrease in its Total Value Locked (TVL), sparking concerns in the crypto community. Pendle’s TVL sees a steep decline; here’s what it
Following a huge collapse this week, Arbitrum moved out of a two-week consolidation phase and continued to break down daily. It has lost a key support level and is now rolling back to its launch price level. So far, ARB has seen a notable reduction over the past 72 hours
The cryptocurrency market is facing a notable downturn, yet Toncoin (TON) has bucked the trend with a stunning 257% rise in large transaction volume. This surge is characterized by significant whale activity, a clear indicator of substantial investments or liquidations despite broad market liquidations reaching $321 million. A detailed report from IntoTheBlock reveals that Toncoin’s
The recent decline in Bitcoin and altcoins has garnered considerable attention in the crypto market. Key factors behind this downturn include Mt.Gox repayments, Bitcoin sales by Germany and the U.S. governments, and outflows from spot Bitcoin ETFs. Grayscale corroborates these views, noting that a significant macroeconomic shift is necessary for market recovery within the next
Renowned crypto influencer Ben Armstrong, also known as BitBoy Crypto, recently stirred the crypto community with his comments on Polkadot (DOT) and Cardano (ADA). Armstrong suggested that these cryptocurrencies have lost their institutional appeal, which he believes will eventually impact their legitimacy. Despite his assertions, he conceded that both DOT and ADA might still yield
An Illinois district court judge has ruled in favor of the United States Commodity Futures Trading Commission (CFTC) in a crypto Ponzi scheme case, declaring two lesser-known altcoins as commodities. The scheme involved Sam Ikkurty from Oregon and several of his companies. Ikkurty defrauded victims by promising “steady returns” of 15% per year from investments in “digital asset commodities,” which included Bitcoin, Ether, Olympus (OHM), and KlimaDAO (KLIMA). The court’s order stated that OHM and KLIMA are also qualified as commodities. “Those virtual currencies fall into the same general class as Bitcoin, on which there is regulated futures trading,” said
Grayscale expects Bitcoin and altcoins to recover in the coming months unless there is a major change in the macroeconomic outlook. Continue Reading: Grayscale Said "The Decline Is Short-Term" and Announced Events That Could Make Bitcoin and Altcoins Rise!
Blockchain security firm ScamSniffer’s mid-year report revealed that over 260,000 individuals lost $314 million to phishing scams across all Ethereum virtual machine (EVM) chains during the first half of this year. Also Read: FBI warns of new crypto scams involving fake law firms According to the firm, this figure exceeds the $295 million lost to