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Twelve major incidents security incidents occurred this week, leading to crypto losses of roughly $6.4 million. According to web3 security firm CertiK, these losses were due to crypto hacks and phishing attacks through Discord and X (formerly known as Twitter).…

crypto.news

Discord and Twitter hacks result in crypto losses of $6m

Several members of the economic alliance known as BRICS are discarding billions of dollars worth of assets backed by the US government. New numbers from the Treasury Department show China is leading the charge, reducing its holdings of US treasuries from $835.4 billion in June to $821.8 billion in July – a decrease of $13.6 The post $18,900,000,000 in US Treasuries Dumped by BRICS Members China, Brazil, India and UAE in One Month appeared first on The Daily Hodl .

The Daily Hodl

$18,900,000,000 in US Treasuries Dumped by BRICS Members China, Brazil, India and UAE in One Month

Amidst a volatile week for equity markets, Bitcoin shows surprising stability above the $26,000 mark. This in-depth analysis explores what could be influencing this unexpected resilience and what's next for Bitcoin's price. The post Bitcoin Defies Equity Market Decline, Maintaining Stability Above $26K: Analyzing What Lies Ahead appeared first on COINOTAG NEWS .

CoinOtag

Bitcoin Defies Equity Market Decline, Maintaining Stability Above $26K: Analyzing What Lies Ahead

A federal judge in California denied the motion to dismiss the case against Compound Labs and its associated entities, after allegations of violating financial regulations. This means owners of the COMP token can move ahead with their lawsuit. Partner identification…

Judge denies motion to dismiss in Compound DAO case update

Crypto analyst Benjamin Cowen suggests that based on historical data, altcoins are likely to have a bad performance in the late months of 2023. Cowen stated on YouTube that altcoins will probably struggle to close the year, just like in previous years before halving. The post A Crypto Analyst Claims Altcoins Will Perform Poorly in Late 2023 appeared first on COINTURK NEWS.

CoinTurk News

A Crypto Analyst Claims Altcoins Will Perform Poorly in Late 2023

Santiment, an on-chain market intelligence platform, recently took to Twitter to notify the community that Bitcoin’s non-whale wallets, users with less than 100 BTC, have climbed to a new All-Time High. The market intelligence platform also points out that the non-whale wallets now own 41.1% of the available supply; meanwhile, BTC whales own 55.5% of The post Will BTC Fall Despite Bitcoin’s Non-Whale Wallets Reach All-Time High? appeared first on Coin Edition .

Coin Edition

Will BTC Fall Despite Bitcoin’s Non-Whale Wallets Reach All-Time High?

The Federal Reserve (Fed) has recently emphasized the expectation that interest rates will remain “higher for longer.” That implies that even after the current cycle of rate increases, interest rates will stay elevated compared to what the Fed believes is necessary for sustaining economic growth, with inflation around 2%. The specific duration of “longer” has ... Read more

Cryptopolitan

Fed’s prolonged high interest rate outlook sparks debate as bank deposits decline

Solana could find it challenging to go beyond $20 because it's a confluence of a few resistance levels.

AMB Crypto

Solana: Why the $20 roadblock could persist

To expand its derivatives business overseas, Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022.

CoinTelegraph

Coinbase sought FTX Europe acquisition after bankruptcy: Report

Valkyrie Funds has unveiled a revised launch date for its leveraged Bitcoin ETF

U.Today

Bitcoin Futures ETF Date Revision Announced by Valkyrie Funds

Binance Coin (BNB) recently filed a legal objection to the Securities and Exchange Commission’s (SEC) lawsuit, claiming that the SEC does not have the authority to initiate legal action. The legal dispute between Binance and the SEC continues, and Binance has taken action to challenge the regulatory authority of the commission. The post The Impact of the Binance Lawsuit on Binance Coin (BNB): On-Chain Data Insights appeared first on COINTURK NEWS.

The Impact of the Binance Lawsuit on Binance Coin (BNB): On-Chain Data Insights

Coinbase chief legal officer floats possibility of Base token despite past denials.

Crypto Briefing

Coinbase May Issue A Token for Base, Exec Hints

Google Cloud has announced an addition of 11 blockchains to its ‘BigQuery’ program for datasets in a bid to provide easy access to blockchain data. In an official statement on Sept 21, the company disclosed the 11 new networks: Avalanche, Near, Fantom, Optimism, Polygon, Polygon Mumbai Testnet, Tron, Cronos, Arbitrum, and Ethereum Görli testnet. The cloud service provider cited the need for developers to have access to a variety of public datasets as they query more chains. ... Read More: Google Cloud Enhances Access to Blockchain Data, Adds 11 Networks

cryptonews

Google Cloud Enhances Access to Blockchain Data, Adds 11 Networks

CoinDesk

Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune

A significant increase in activity is observed in the whales and price of the popular memecoin PEPE. Here are all the details. Continue Reading: PEPE Whales Are Active Again: Many Frequent Inflows and Outflows to Exchanges

BitcoinSistemi

PEPE Whales Are Active Again: Many Frequent Inflows and Outflows to Exchanges

Apecoin DAO commits $12.5 million to the Digital Art Movement, and announces the launch of a novel governance token, $DAM. The APE Foundation has greenlighted a pivotal investment in the Digital Art Movement (DAM), earmarking a hefty 11 million ApeCoins—a…

Apecoin DAO to invest $12.5M in YugaLabs, community decides

Amidst a storm of accusations, Senator Robert Menendez of New Jersey faces what might be his most precarious legal battle to date. The recent allegations suggest that Menendez and his spouse, Nadine, were deeply embedded in a bribery scheme with ties stretching across continents. At the heart of the matter? Substantial sums of money, gold ... Read more

U.S. senator Menendez is about to go to prison for bribery

What is Shiba Inu (SHIB) coin? What is the future of SHIB coin? Detailed SHIB coin predictions from 2024 to 2030 are available only on COINOTAG! The post Shiba Inu (SHIB), 2024 – 2030 Price Predictions: How Much Will SHIB Price Rise in the Future? appeared first on COINOTAG NEWS .

Shiba Inu (SHIB), 2024 – 2030 Price Predictions: How Much Will SHIB Price Rise in the Future?

Microsoft is integrating AI capabilities like Copilot and DALL-E 3 across its consumer products, aiming to lead the AI assistant race.

Decrypt

Microsoft Reveals Major AI Upgrades for Windows, Office, and Bing

The price of popular meme token Shiba Inu (SHIB) has fallen from the horizontal support level of $0.0000080, indicating a downward trend. According to experts, weekly time frame analysis suggests a definite downward trend, while the daily time frame presents a more neutral outlook. The post Will the Decline Continue in SHIB? Technical Analysis of Shiba Inu appeared first on COINTURK NEWS.

Will the Decline Continue in SHIB? Technical Analysis of Shiba Inu

Venezuelan authorities have seized a collection of Bitcoin mining machines from the Tocoron prison. The operation also uncovered an array of heavy weaponry, including rocket launchers and grenades. Over 11,000 police and soldiers, backed by tanks and armored vehicles, stormed the prison. They targeted the Tren de Aragua gang, which had been using the prison ... Read more

Venezuelan authorities seize Bitcoin mining machines in raid on notorious Tocoron prison

While most of Wall Street seems to have developed a sudden infatuation with the term “tokenization,” one has to wonder: is this newfound passion sincere or merely another overhyped trend? After all, enthusiasm and execution are two very different things. The Curious Case of Token Enthusiasts Dig beyond the press releases and public statements, and ... Read more

Is Wall Street’s crypto acknowledgment just for show or…?

The former president of FTX US founded the company in January to serve institutional investors in crypto and traditional derivatives.

Architect fintech receives NFA approval to operate as introducing broker

Recently, Binance, one of the world’s leading crypto exchanges, witnessed an unusual pattern of withdrawals. Particularly, 4.7 million LINK tokens, equivalent to roughly $31.58 million, were suddenly withdrawn over a brief period by 81 newly minted wallets. The event is noteworthy due to the large number of tokens moved and the swift, simultaneous action across newly created accounts. This pattern of withdrawals raises questions about the strategies and intentions behind these movements and what they could spell for the token, LINK. Related Reading: LINK Price Prediction: Chainlink Recovery Stalls But Not Likely Over A Timeline Of The Puzzling LINK Withdrawals On September 18, 2023, Lookonchain, an on-chain analytics platform, identified a bizarre spree of LINK withdrawals. Initially, the observation was limited to approximately 35 new wallets on Binance that had extracted 755,687 LINK, valued at roughly $5.08 million. However, in just a day, the number of LINK tokens and the participating wallets increased, culminating in 81 wallets drawing out 4.7 million tokens. It is worth noting that for those who follow the pulse of the cryptocurrency market, such huge withdrawals, especially from new wallets, don’t go unnoticed and could hint at the beginning of a bullish trend. There are a total of 81 fresh wallets created on Sept 15 started withdrawing $LINK from #Binance on Sept 18. And these wallets have withdrawn a total of 4.7M $LINK ($31.58M) from #Binance so far. Details: https://t.co/hSdkoncNgZhttps://t.co/AzUM8VleQQ pic.twitter.com/4IxdSHtv6C — Lookonchain (@lookonchain) September 22, 2023 The details were further elaborated in a Google document shared by Lookonchain, which itemized every transaction, breaking down the amount of tokens withdrawn and their equivalent value in US dollars. Among these transactions, the most substantial withdrawal saw a single wallet moving 280,567.67 LINK, translating to $1.88 million—moreover, four of these accounts extracted over 200,000 tokens over the monitored period. The list also highlighted that all the wallets had withdrawn only 5,000 LINK tokens. Decoding The Implications For Chainlink Given the sequence of events, Lookonchain hypothesized that there might be an ongoing whale accumulation. To Clarify, ‘whale accumulation’ refers to large-volume holders or “whales” acquiring a significant amount of cryptocurrency, typically indicative of their bullish sentiment. However, it’s essential to approach such hypotheses with a balanced perspective. While the intent behind these transactions remains elusive, the broader implications for Chainlink and its native token, LINK cannot be ignored. Such movements could influence market sentiment, either buoying confidence among potential investors or creating cautionary tales for the more risk-averse. But as with all crypto dynamics, one event seldom dictates the long-term trajectory. Related Reading: Chainlink: Analyst’s Vision Of A 20% Rally And How It Could Happen Meanwhile, LINK currently trades for $6.74 at the time of writing. The asset has been up by nearly 10% in the past week and currently has a market cap of $3.7 billion and a 24-hour trading volume of $146.8 million. Featured image from iStock, Chart from TradingView

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