Crypto

A Surge in Crypto Venture Capital In a remarkable start to the year, the crypto venture capital (VC) arena witnessed a significant uptick in investment activity. January saw a total of 113 publicly disclosed investment projects, marking a 10.8% increase from December 2023 and a year-on-year rise of 1.8% from January 2023. Despite a month-on-month […]

A New Peak in Bitcoin’s Journey Bitcoin’s trajectory over the past weekend has been nothing short of remarkable, with the cryptocurrency closing above $48,000. This milestone is not just another number; it represents Bitcoin’s highest weekly closing point since the zenith of the 2021 bull market in December. The timing is particularly noteworthy, given the

Unveiling the Allegations In a significant move, Thailand’s Securities and Exchange Commission (SEC) has taken legal action against Akarlap Yimwilai, the former CEO of Zipmex Thailand, on grounds of corruption and deception. The charges, filed recently, accuse Yimwilai of engaging in fraudulent activities during his tenure from August 2018 to November 2023. These activities allegedly

The Unprecedented Surge In a dramatic turn of events, Bitcoin has once again captured the financial world’s attention by skyrocketing past the $46,000 mark, an impressive feat that has left over $100 million in liquidations in its wake. This surge comes after a period of stagnation and a significant drop following the U.S. Securities and

The Breakthrough and Its Implications Solana (SOL), currently ranked as the fifth-largest cryptocurrency by market capitalization, has recently made headlines by breaking the $100 barrier, a significant recovery from its previous drop. This decline was attributed to a five-hour network outage that drew widespread criticism. However, SOL bulls have demonstrated resilience, pushing the coin’s value

The Ripple Hack Unraveled At the end of January, the cryptocurrency community was shaken by news of a significant security breach involving Ripple (XRP). Chris Larsen, the co-founder of Ripple, found his wallets compromised, leading to a substantial financial loss. Despite the personal nature of this attack, Ripple assured its users that the integrity of

The Breakthrough Moment In a dramatic turn of events, the cryptocurrency market witnessed a significant surge, adding $60 billion to its valuation overnight. This financial crescendo was led by Bitcoin (BTC), which soared past the $44,000 mark for the first time since the ETF-induced declines witnessed in January. Notably, Bitcoin reached a monthly high of

The Imminent Shift in Ripple’s Market Dynamics Ripple (XRP), a prominent figure in the cryptocurrency market, has been trading within a tight range of around $0.50 for the past week, sparking speculation about a potential significant market move. From a technical standpoint, two crucial metrics warrant attention: the ratio between long and short positions in

MicroStrategy’s Bitcoin Holdings Surge In a striking display of confidence in the digital currency market, MicroStrategy, a company renowned for its bullish stance on Bitcoin, has once again expanded its Bitcoin portfolio. As of January, the company’s total Bitcoin holdings have reached a monumental 190,000 BTC. This latest acquisition involved the purchase of an additional

Binance Announces $5 Million Bounty in Anti-Corruption Crusade In a decisive response to growing concerns over corruption and insider trading, Binance, the world’s leading cryptocurrency exchange, has unveiled a comprehensive strategy aimed at safeguarding its platform’s integrity. On February 5, amidst swirling allegations of compromised token listings, Binance co-founder Yi He took to X (formerly