Category: Crypto News
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ETH Rally Toward $2.5K Held Back By Macro, War, DApp Use
Key takeaways: ETH derivatives signal a shift to safety as professional desks hedge against downside risks and global instability. Institutional preference for decentralization keeps Ethereum dominant despite its recent drop in network activity. Ether (ETH) price dropped by 6% following a brief rally to $2,200 on Wednesday, tracking a downturn in US equities as the…
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Bitcoin Dip May Not Be Over As Retail Ramps Up Buying: Santiment
Retail investors have been scooping up Bitcoin after it slipped below $70,000, but whale activity suggests the price could still head lower if past patterns repeat, according to crypto sentiment platform Santiment. “The moment Bitcoin hit $74k, these key stakeholders began taking profit,” Santiment said in a report on Friday. Santiment explained that whales —…
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Curve Finance Warns PancakeSwap About Licensing Violation
The team behind the Curve Finance decentralized finance (DeFi) platform accused the PancakeSwap decentralized exchange (DEX) of using its code without the proper licensing. The code is tied to the “StableSwap” feature used for swapping stablecoins and “tightly-pegged” assets on PancakeSwap Infinity, the latest version of the PancakeSwap DEX. “If you want to enjoy using…
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Bitcoin Exchange Outflows Signal Holder Conviction Amid Hormuz Crisis
Bitcoin outflows from exchanges continued during the Hormuz crisis, signaling holders are moving coins into cold storage rather than selling. Bitcoin (BTC) held near $70,000 on March 6 after a geopolitical shock tied to tensions around the Strait of Hormuz pushed energy prices higher and triggered risk-off behavior across global markets. Despite the turbulence,…
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Aave Rift, Bitcoin Rebound and ETF Inflows Dominate the Crypto Week
Bitcoin and the leading cryptocurrencies staged a recovery this week following initial shockwaves from the outbreak of the US-Israel conflict with Iran. Bitcoin (BTC) initially fell to $63,245 on Sunday, before briefly recovering to $73,000 on Thursday, assisted by renewed demand from US-listed spot Bitcoin exchange-traded funds (ETFs), which logged $1.1 billion in net weekly…
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Altcoin Season ‘Game Is Over’: Matt Hougan
Altcoins with real-world traction and applications will be the winners of the next altcoin season, according to Bitwise investment chief Matt Hougan. The euphoric altcoin seasons in which almost every cryptocurrency rises across the market are probably not coming back, Hougan said. “I think that game is over. I think we’ll see a non-traditional altcoin…
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FBI Arrests Suspect In $46 Million Bitcoin Theft From US Marshals
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure John Daghita, a former US government contractor accused of stealing more than $46 million in Bitcoin (BTC) from the US Marshals Service (USMS), was arrested late Wednesday on the Caribbean island of Saint Martin, according to the Federal Bureau of Investigation (FBI).…
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Ethereum Founder Vitalik Buterin Calls for Bold Rethink of Crypto Applications
TLDR: Vitalik Buterin calls for radical Ethereum application redesign while protecting core network security guarantees. Ethereum founder says AI may replace traditional crypto wallets and reshape how users interact with blockchain apps. Privacy now ranks alongside censorship resistance and security as a foundational Ethereum network principle. Buterin urges developers to rethink DeFi, oracles, and layer-2…
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Bitwise Backs Bitcoin Devs With Over $380K in Donations
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure When Bitwise Asset Management launched its Bitcoin ETF in January 2024, it made a promise: hand over 10% of gross profits every year to the people who keep Bitcoin running. Fourteen months later, that promise is still being kept — and the…
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Hacker Steals $2.7M From Solv’s Bitcoin Yield Platform
Crypto security researchers say the hacker exploited a bug allowing them to mint tokens, before swapping the freely-gained tokens for another tied to Bitcoin. Bitcoin-based decentralized finance platform Solv Protocol says one of its token vaults was exploited for $2.7 million and has offered the attacker a 10% bounty in exchange for returning the stolen…
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