‘Evil Is Normalized’ In Cryptocurrency Due To ‘Broken Moral Compass,’ Blogger Writes
The crypto community has come under fire from anonymous blogger Polynya, who slammed the industry for its “broken moral compass,” highlighting the rise of predatory practices and scams. What Happened: In a recent blog post, the blogger acknowledges that there…
MicroStrategy Co-Founder Michael Saylor Says Digital Property Is The ‘Solution To Everyone’s Economic Problem’ — Do You Agree?
MicroStrategy Inc. Executive Chairman Michael Saylor is one of the most outspoken proponents of Bitcoin. He is constantly hailing the asset on his social media platforms and speaks highly of Bitcoin in interviews. His company has amassed a huge share…
Google files lawsuit against crypto scammers allegedly defrauding thousands
Tech giant Google has taken legal action against a group of crypto scammers, alleging their involvement in defrauding more than 100,000 people worldwide. Filed on Thursday, the lawsuit accuses the scammers of uploading fraudulent investment and cryptocurrency exchange apps to…
Bitcoin In ‘The Danger Zone,’ Says Trader Who Targets 22% Drawdown
Popular pseudonymous crypto analyst Rekt Capital is cautioning Bitcoin (CRYPTO: BTC) investors that the current period is a “danger zone” for the leading cryptocurrency. What Happened: “This pre-halving retrace began around 30 days before the halving and so we are…
How Bitcoin ETF Approvals Are Shifting Investor Sentiment
The recent SEC approval of the first batch of spot Bitcoin exchange-traded funds (ETFs) in the United States marks a significant milestone for the cryptocurrency market. This development not only diversifies the ways investors can engage with Bitcoin but also…
Ripple to issue USD-pegged stablecoin challenging Tether and USDC market dominance
Ripple enters the stablecoin market with a USD-pegged token. Backed by USD deposits, treasuries, and audits, Ripple’s stablecoin targets institutional adoption. The new stablecoin will initially be issued on Ethereum and XRP Ledger. Ripple, the blockchain enterprise behind XRP Ledger,…
Binance to cease support for all Bitcoin NFTs
Binance NFT Marketplace will end support for Bitcoin NFTs on April 18. Users have until May 18 to withdraw their NFT assets. Binance has announced an end to platform support for Bitcoin NFTs. Ordinals, or NFTs on the Bitcoin blockchain,…
Average Crypto Portfolio Up $2,804 So Far in 2024, CoinLedger Says
The average crypto portfolio is up by $2,804 so far this year, according to a study by cryptocurrency tax software platform CoinLedger. The unrealized average gains in 2024 contrast the $887.60 realized gains the average crypto investor made throughout 2023….
Bitcoin Supply Squeeze? Exchange Reserves At 18-Month Lows
Bitcoin’s availability on major cryptocurrency exchanges has dwindled to its lowest point ever, according to data analysis firm CryptoQuant. What Happened: Over 90,000 bitcoin have been withdrawn in the past month alone, suggesting a growing trend of investors holding onto…
Michigan’s Most Popular Cryptocurrencies: Study Results May Surprise You
A new study has shed light on the most popular cryptocurrencies among residents of Michigan. What Happened: The study by Bombastic.com, which analyzed Google search data over the past year, revealed a mix of established players and rising stars capturing…