News
Why the Bitcoin Market Is Stuck—and the Key Metric That Could Change It: CryptoQuant CEO
Bitcoin has experienced significant volatility recently, dropping back below the $84,000 mark after a brief surge. This decline of approximately 10% within 24 hours has raised concerns among analysts, particularly regarding the sentiment of U.S. investors. Ki Young Ju, the founder and CEO of CryptoQuant, maintains that a turnaround in market conditions hinges on improving…
Continue ReadingTrump’s Mention of XRP, ADA and SOL May Be Bait to Secure BTC, ETH Reserve
The Art of Negotiation in Cryptocurrency Reserves The negotiation strategy often summed up as "ask for 1,000 to settle at 500" finds its way into the world of crypto as U.S. President Donald Trump, leveraging his real estate acumen, sets ambitious expectations for a proposed strategic reserve of digital assets, including major cryptocurrencies like Bitcoin…
Continue ReadingBybit hacker launders 100% of stolen $1.4B crypto in 10 days
The crypto community has been shaken by the recent Bybit hack, which resulted in the theft of over $1.4 billion worth of digital assets, making it the most significant breach in the history of cryptocurrency. The exploit occurred on February 21, with the hackers primarily targeting liquid-staked Ether (STETH), Mantle Staked ETH (mETH), and various…
Continue ReadingBybit Hacker Reportedly Launders Entire $1.4B Loot in Just 10 Days
The recent $1.39 billion exploit of Bybit has sent shockwaves through the cryptocurrency industry, particularly highlighting the vulnerabilities in current security measures against advanced hacking techniques. The hacker responsible for this massive theft has reportedly laundered all 499,000 ETH in a remarkably short span of just ten days, effectively bypassing the monitoring systems of blockchain…
Continue ReadingFTX and Alameda wallets unstake $431M in SOL
Wallets associated with the now-defunct crypto exchange FTX and its bankrupt trading firm Alameda Research have made headlines by unstaking over 3 million Solana tokens—marking the largest SOL unlock since the firms began liquidating their assets in November 2023. On March 4, blockchain analytics company Lookonchain reported the significant transaction, which involved the unstaking of…
Continue ReadingHow to build a ChatGPT-powered AI trading bot: A step-by-step guide
Key Takeaways AI trading bots analyze data and execute trades instantly, outperforming manual trading. ChatGPT-powered bots utilize natural language processing (NLP) and machine learning (ML) to incorporate sentiment, news, and technical indicators into their decision-making processes. A defined trading strategy is essential—trend following, arbitrage, or sentiment-based trading can enhance accuracy. These bots continually learn and…
Continue ReadingSBI’s crypto arm to support USDC as Japan softens stablecoin rules
A significant shift is occurring in Japan’s cryptocurrency landscape as SBI VC Trade, a subsidiary of financial conglomerate SBI, prepares to introduce support for Circle’s USDC stablecoin. This development follows a pivotal easing of local regulations concerning stablecoins, marking a progressive step for the Japanese financial system. On March 4, SBI VC Trade announced it…
Continue ReadingEthereum Tanks to 16-Month Low as Analysts Predict Plunge to $1,200
Ethereum has witnessed a dramatic downturn in recent trading sessions, paralleling a broader crypto market slump that has seen assets lose over $400 billion since the market peak on Sunday. As of Tuesday morning in Asia, ETH prices had fallen 15% to $2,035, marking a 16-month low. This recent performance hearkens back to November 2023,…
Continue ReadingTrump’s Bitcoin Reserve Shouldn’t Include Altcoins: Bitwise
On March 2, US President Donald Trump announced the formation of a Crypto Strategic Reserve, which will include Bitcoin, Ethereum, XRP, Solana, and Cardano. This initiative aims to weave these digital assets into the country’s economic and monetary framework. In the wake of this announcement, the cryptocurrency market reacted strongly, with significant price surges seen…
Continue ReadingAustralia’s government has no plans to establish a strategic crypto reserve
Australia’s government remains resolutely focused on regulating digital asset platforms rather than establishing a strategic cryptocurrency reserve. This stance emerges in stark contrast to recent developments in the United States, where President Donald Trump announced a concerted effort to include major cryptocurrencies such as XRP, Solana, Cardano, Bitcoin, and Ether in a U.S. crypto reserve.…
Continue Reading