Backpack, the crypto exchange that acquired the European unit of FTX, has started the process of distributing claims to affected FTX EU customers. According to yesterday’s (Tuesday’s) announcement, the new owner is asking former FTX EU customers to create an account on the exchange, submit Know Your Customer (KYC) information, and link it to their
North Korea tech workers found among staff at UK blockchain projects
Fraudulent tech workers with ties to North Korea are expanding their infiltration operations to blockchain firms outside the US after increased scrutiny from authorities, with some having worked their way into UK crypto projects, Google says. Google Threat Intelligence Group (GTIG) adviser Jamie Collier said in an April 2 report that while the US i
Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit
Kentucky’s finance watchdog has dismissed its lawsuit against Coinbase over the exchange’s staking rewards program, following its peers in Vermont and South Carolina. Kentucky’s Department of Financial Institutions filed the stipulation to dismiss jointly with Coinbase on April 1, ending the state’s legal action against the exchange first filed alo
Shifting Sentiment? Short-Term Bitcoin Holders Stay Put Despite Losses
According to a recent CryptoQuant Quicktake post, short-term Bitcoin (BTC) holders are choosing to retain their digital assets despite incurring unrealized losses. CryptoQuant contributor Onchained explained that short-term BTC holders have recorded significantly lower realized losses compared to their unrealized losses. Short-Term Bitcoin Holders
Bitcoin Top Buyers Preferring To Hold Rather Than Sell, Glassnode Reveals
The on-chain analytics firm Glassnode has explained how the investors who bought at the Bitcoin top are showing conviction, not capitulation. 3 To 6 Months Old Bitcoin Buyers Have Been Holding Strong Recently In a new post on X, the on-chain analytics firm Glassnode has discussed a couple of Bitcoin investor cohorts. One of these […]
Backed by Trump Family, American Bitcoin, Plans to Go Public or Introduce Private Equity
American Bitcoin, a US-based Bitcoin mining company jointly created by Hut 8 and American Data Centers, has been…
XRP Price Prediction: Analyst Reveals ‘Worst Case Scenario’ With Head And Shoulders Formation
Recent XRP price action has sparked a new prediction from a crypto analyst, as a potential Head and Shoulders pattern emerges on the chart. The analyst warns that this technical formation could trigger a significant price correction for XRP, describing this downturn as the worst-case scenario. Analyst Predicts XRP Price Crash To $1.15 The ‘Chartin
$9.41 Billion In Shorts At Risk Of Liquidation If Bitcoin Price Hits This Level
The crypto market is on high alert as the possibility of further upward momentum in the Bitcoin price threatens to trigger a massive wave of liquidations. New data suggests that $9.41 billion worth of short positions could be wiped out if Bitcoin reaches the $90,000 price high. Short Sellers Face Potential Wipe Out At $90,000 […]
Report: Trump-Linked Crypto Mining Company Considers IPO
The mining of cryptocurrencies, such as Bitcoin, has reached a new level of interest with the backing of the Trump family. This significant development has caught the attention of the financial world. Cryptocurrency mining involves the process of validating transactions on the blockchain network by solving complex mathematical problems. The individ
Exaggerated Impact: The Truth About US Tariffs and Bitcoin Price
Bitcoin traders have been vocal about the potential impact of the US-led tariff war on the price of BTC. However, it appears that some traders may be exaggerating the actual influence of these global economic tensions on the cryptocurrency’s value. While geopolitical events can have an effect on the financial markets, including cryptocurrencies lik