Spartan Group Deposits 2 Million BETA Tokens to Binance, Continuing Investment Strategy
The Spartan Group has reportedly deposited 2 million BETA tokens to Binance, totaling 4 million BETA tokens in the last two days. These deposits are part of the Spartan Group's ongoing investment strategy, aimed at capitalizing on the potential growth of the BETA token, which is currently valued at ...
Mixin Network Suspends Services After $200 Million Hack
Mixin Network, a decentralized wallet service, has temporarily suspended deposit and withdrawal services due to a hack involving approximately $200 million in funds. The company announced this suspension on social media platform X (formerly Twitter) and stated that they are working with the blockcha ...
Bitcoin Price Analysis: BTC Struggles to Maintain Support Above $26,500
Bitcoin's price is currently on a downward trajectory, struggling to maintain support above $26,500. It faces the potential for further losses if it fails to hold above the $26,000 support level. Bitcoin experienced a decline after it was unable to break through the $27,500 resistance level. T ...
CoinEx Prepares to Resume Deposit and Withdrawal Services After $70 Million Hack
Cryptocurrency exchange CoinEx is preparing to reopen deposit and withdrawal services more than a week after experiencing a $70 million hack due to compromised hot wallet private keys. CoinEx previously communicated its intention to develop and implement a new wallet system to support the 211 blo ...
Binance CEO Denies Borrowing $250 Million, Claims Loan Given to BAM Management
Binance CEO Changpeng Zhao has refuted recent claims suggesting he borrowed $250 million from BAM Management, the entity overseeing Binance.US. This report emerged following an interpretation of court documents related to the ongoing lawsuit between Binance and the United States Securities and Excha ...
Thriving Ton Network Ecosystem: Megaton DEX with 2.8 Million TON Tokens and Liquid Staking Surge
Thriving Ton Network Ecosystem: Megaton DEX with 2.8 Million TON Tokens and Liquid Staking Surge The Ton Network's ecosystem is experiencing significant growth, with notable developments in its decentralized exchange (DEX) landscape and liquid staking applications. Megaton DEX Leads in ...
JPEX Considers Transition to DAO Amid Regulatory Probe and Trading Halt
Struggling Cryptocurrency Exchange JPEX Considers Transition to DAO Following Regulatory Probe Reports have emerged that JPEX, a cryptocurrency exchange based in Hong Kong, has ceased its trading operations and faced the arrest of an individual associated with the platform due to allegations of o ...
Solana Holders on Edge as FTX’s $628 Million Liquidation Looms
The Peril of Holding Solana Amidst FTX's Imminent Liquidation Reports suggest FTX is preparing to offload $628 million worth of Solana. Anticipated market repercussions could drive Solana's price down to the $5-$8 range. Investors with holdings in SOL may be expo ...
Dramatic Decline in Bitcoin Ordinals NFT Activity Sparks Concerns
DappRadar has pointed to an “alarming plunge” in Bitcoin Ordinals nonfungible token (NFT) user activity, with trading volumes tanking around a whopping 98% since May. In an Aug. 17 report, DappRadar highlighted its data showing that the total Bitcoin Ordinals sales volume had decreased from peak ...
Bitcoin Price Breaks Bearish Pattern, Continues Falling: Technical Analysis Update
The bitcoin (BTC) price made a bearish breakout from a long-term pattern on May 10. After it turned into resistance on May 23, the rate of decline accelerated sharply Although a rebound may occur in the short term, price dynamics and wave analysis of the daily chart indicate that BTC is still a l ...
XRP Token Faces Decline in Price and Uncertain Future: Ripple Lawsuit and Technical Analysis
The XRP token has fallen below the critical support line, jeopardizing the entire bullish narrative. Whether to expect further decline in cryptocurrency The price dynamics and Relative Strength Index (RSI) values on several timeframes confirm a further decline. Thus, a run-up of bearish dynami ...
Top Altcoin Losers: PEPE, CAKE, CFX, OP, and INJ | Weekly Analysis
The BeInCrypto editorial board analyzed five outsiders of the week among altcoins. These coins suffered the biggest losses between May 5 and May 12 The altcoins that have suffered the biggest losses in the past seven days inc ...