Bitcoin's recent fall to $90, 500 has puzzled many. While factors like Federal Reserve rate cuts and miner sales have contributed, there's a larger issue at play. Companies dealing with digital assets, known as DATCos, have invested heavily this year, pouring in $42. 7 billion. With crypto values down around 40% from their peak, these firms are under pressure. DATCo...
Crypto theft is getting more organized. It's not just random hackers anymore; it's a full-blown business. This is according to a recent report that sheds light on how thieves are using advanced tools to steal crypto keys. These tools can dig through files, documents, and even chat histories to find seed phrases. Once they have these, they can take control of someone...
Bitcoin and Ethereum are not doing so well. They are not just falling behind stocks but also other smaller cryptocurrencies. This is unusual and shows that the market is reacting to big economic news rather than what's happening inside the crypto world. New research shows that the recent drop in crypto prices wasn't because of problems within the crypto market. Inst...
The crypto market is going through a rough patch. Bitcoin's value has fallen below $100, 000, but that hasn't stopped major companies and banks from jumping into digital assets. In the United States, a well-known trading platform and bank has started offering crypto trading services to big clients. Meanwhile, the Singapore Exchange is also introducing new crypto trad...
Bitcoin has had a rough week. It's now wiped out all the gains it made this year, dropping below $93, 000. This is the first time it's been this low in nearly seven months. In just one day, it lost 2. 3%, and over the past week, it's down by about 13%. Trading has been intense. The volume of Bitcoin traded has more than doubled in the past day, reaching a massive $1...
Crypto prices are feeling the heat lately. Bitcoin and Ethereum, the big names in the crypto world, have been dropping. Bitcoin is now below $92, 200, which is the lowest it's been since April. It's lost over 14% in just two weeks, wiping out all the gains it made this year. Ethereum isn't faring much better, trading around $3, 000 and hitting a four-month low at $2,...
A new tool called CoinFello is about to make waves in the crypto world. It's an AI-powered app that helps people use and automate smart contracts. This isn't just any app; it's the first of its kind. It lets users chat with it in plain language to get things done on the blockchain. CoinFello is built on top of EigenCloud and MetaMask's Smart Accounts Kit. This means...
BlackRock has made a bold move into the crypto world. They've launched a tokenized fund that can be used as collateral on Binance. This is a big deal because it shows how traditional finance is getting cozy with digital assets. The fund in question is called the BlackRock USD Institutional Digital Liquidity Fund, or BUIDL for short. It's worth $2. 5 billion. Binance...
Dunamu, the company behind Upbit, has seen a huge jump in profits. In the third quarter, they made about $165 million. That's a lot more than last year, when they made just $40 million. This big increase shows that the company is doing much better now. What's helping Dunamu grow? A lot of things. For one, more people are trading digital assets. The market has been d...
Crypto index ETFs might just be the next big wave in the world of investing. These funds, which hold a mix of different cryptocurrencies, could fill a big gap in the market. Many new investors understand Bitcoin, but they often struggle to figure out which other cryptocurrencies to invest in. A diversified crypto basket could be the solution, offering exposure to the...