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Ripple has made a surprise comeback over the last 23 hours, with the token reaching the $0.52 mark as whales have collectively grabbed $55 million worth of XRP. Indeed, data from Santiment shows that the whales have acquired 110 million XRP over the last two weeks to fuel the comeback that is taking place today. Over the last 24 hours, the asset has settled above $0.51, according to CoinMarketCap. Moreover, it is approaching a rather critical point as it attempts to return to its monthly high of $0.56 in early May. Still, the asset has increased 5% over the last month, with cautious optimism regarding its potential price movement. Source: Watcher. Guru Also Read: Ripple XRP Analysis : How High Will XRP Go By the End Of 2024? Ripple XRP Looking to Continue Comeback Amid Whale Activity Entering 2024, Ripple (XRP) was on a short list of assets, of which investors had immense hope. With its US Securities and Exchange Commission (SEC) lawsuit trending toward a resolution,

Author: 胡飞瞳 Source: https://mp.weixin.qq.com/s/jCtgFy5e5o3TxmHTOk_rLQ On the evening of May 3rd, Beijing time, due to an inadvertent operation, a whale mistakenly transferred 1155 BTC to a phishing wallet address, valued at approximately $71 million at the time of the incident. Such a large sum of money virtually evaporated in an instant, serving as a significant lesson to the industry. Chronology of Events Let’s first examine the sequence of events (May 3rd, all times in Beijing time): ● 17:14:47 — Wallet address 0x1E227979f0b5BC691a70DEAed2e0F39a6F538FD5 (whale) transferred 0.5 ETH to address 0xd9A1b0B1e1aE382DbDc898Ea68012FfcB2853a91 and created the address. ● 17:17:59 — Wallet address 0xd9A1C3788D81257612E2581A6ea0aDa244853a91 (hacker) transferred 0 ETH to wallet address 0x1E227979f0b5BC691a70DEAed2e0F39a6F538FD5. ● 18:31:35 — Wallet address 0x1E227979f0b5BC691a70DEAed2e0F39a6F538FD5 (whale) transferred 1155.28802767 WBTC to address 0xd9A1C3788D81257612E2581A6ea0aDa244853a91 by cal

Stablecoin issuer Circle is reportedly looking to move its domicile to the US ahead of its planned upcoming initial public offering (IPO). According to a new report by Bloomberg, Circle, which issues the dollar-pegged crypto asset USDC, is planning on moving to the US from Ireland. An anonymous company spokesperson told Bloomberg that the court paperwork was filed earlier this week but a reason for the move was never given. In January, it was announced that Circle submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC), informing the regulator of its intention to become a publicly traded company. Though a date wasn’t given at the time, Circle said it expects the IPO to launch after the SEC goes through its review process. The firm also said it had yet to determine how many shares it would be offering or how much they would cost. Also in January, Circle announced an upgrade to both USDC and EURC, the firm’s Euro-backed stabl

Victoria, Seychelles, May 15th, 2024, Chainwire Bitget, a leading crypto exchange and web3 company, is thrilled to announce the launch of the highly-anticipated King’s Cup Global Invitational (KCGI) 2024. Now in its fifth edition, KCGI 2024 promises to be the most exciting and competitive trading tournament yet, offering traders worldwide an opportunity to showcase their skills and compete for an up to 5 million prize pool. KCGI 2024 will commence with the Derivatives Trading Tournament on June 7, a thrilling three-week-long event that will test traders’ prowess in the dynamic world of crypto derivatives. Participants will engage in intense competition across various trading categories, including futures and personal quests, with the chance to win a share of the massive prize pool, including a luxury vehicle Ferrari 296, premium watches, Messi signed football, his jersey, and more. In addition to the tournament, the campaign also provides a Daily Challenge dur

A closely followed crypto strategist believes that astronomical gains are on the horizon for an altcoin initially built on the Ethereum (ETH) blockchain. Analyst Ali Martinez tells his 62,100 followers on the social media platform X that the native asset of a supply-chain management project VeChain (VET) appears to be mirroring its previous cycle’s market structure. If VET continues to follow the script, Martinez predicts that the altcoin will print staggering gains of more than 1,660% before the year expires. “Fractals indicate that VeChain ( VET ) is set for a rebound this summer, with a potentially explosive growth in the fall.”  Source: Ali Martinez/X Looking at the trader’s chart, he seems to predict that VET will rally to as high as $0.60 toward the end of 2024. At time of writing, VET is worth $0.0339. Next up, Martinez says that memecoin Shiba Inu (SHIB) looks poised for a breakout rally. “If Shiba Inu breaks the upper boundary of this descending par

The Stacks Foundation, a leading blockchain platform, has just announced a new partnership with Uphold, the multi-asset money platform, aimed at boosting the mainstream Bitcoin (BTC) adoption , according to the information shared with Finbold on May 14. Thanks to the collaboration, Uphold users will not only be able to trade native STX but also seamlessly transfer their STX between their external Stacks compatible wallets and Uphold accounts. Uphold’s Anything-to-Anything trading model Uphold stands out as more than just a typical cryptocurrency exchange with its Anything-to-Anything trading approach allowing users to trade between various asset classes such as cryptocurrencies, commodities, and equities. Picks for you Bitcoin Rune etchings plummet by 99%; What's behind the dramatic fall? 17 mins ago Canada hunts $40M in unpaid crypto taxes as Trudeau seeks 66% capital gains hike 45 mins ago Is the meme coin mania back to crypto? 53 mins ago We asked

Solana meme coins have made headlines during this bull run, and the most recent sensation, Slothana (SLOTH), hit a new all-time high just 15 hours ago. The team recently burned $3 million worth of SLOTH tokens, 5% of the total supply, which boosted the SLOTH price to an all-time high of $0.0526. This meme coin quickly reached over $100 million in market capitalization, leading some to believe it could mirror the success of BONK, another popular Solana-based meme coin. Let’s explore why Slothana’s price has skyrocketed and whether it truly has the potential to be the next big Solana meme coin. After a successful $15 million presale, Slothana (SLOTH) launched on exchanges and surged 638% in the last seven days, according to Dextools. This dramatic rise can be attributed to several key factors. First, Slothana has built a very active and engaged community. Its X profile, for instance, has already amassed 35,000 organic followers in a very short period. Additionally, the team has shown

Key takeaways Bitcoin continues to struggle below $62k and could plunge lower in the short term. Bitbot has raised $3.3m so far, with only two stages of the presale left. Bitcoin stays below $62k Bitcoin has been struggling in recent weeks and could record further losses if the market condition persists. At press time, the price of Bitcoin stands at $61,254, down by than % in the last seven days. The poor performance comes as the US Federal Reserve recently dashed hopes of cutting interest rates in the short term. Risk-averse assets like Bitcoin continue to underperform with the interest rate still high.  What is Bitbot?  Bitcoin’s boring price performance hasn’t affected other activities in the broader crypto market. Presales and airdrops continue to attract the attention of Degens and other industry participants.  Bitbot is one of the projects that is raising capital from investors to address certain pain points in the market. It is a Web3 project t

New speculation is swirling within the crypto currency market regarding Citi’s (NYSE: C) potential involvement with the Hedera (HBAR) Governing Council. This speculation gained momentum following a reportedly private meeting held by Hedera in New York. Discussions centered on tokenizing real-world assets and other related topics, as crypto trading analyst CrediBull reported in an X (formerly Twitter) post on May 11. According to the analyst, speculation escalated when a now-deleted picture, initially shared by the Hedera account, surfaced, showcasing a slide titled “Building the Future of Finance on Hedera.” Citigroup’s Head of Strategy and Partnerships for digital assets was nestled between two known Hedera Governing Council members. Picks for you Here’s when Bitcoin (BTC) could hit $72,000 22 mins ago $44 billion company’s CEO makes a stand for Bitcoin in letter to shareholders 42 mins ago Shark Tank's Mark Cuban slams SEC: 'Trying to destroy cryp

Ripple XRP traded in the red throughout most of this week, hovering around the $0.50 mark. Despite increased popularity on social media, XRP has yet to break out of bearish holds. Fortunately, this hype around the asset is still climbing, hence holders are optimistic that the coin will turn bullish soon enough. The US Securities and Exchange Commission (SEC) recently stated that Ripple Lab’s newly planned stablecoin qualifies as an “unregistered crypto asset.” XRP didn’t rise or fall much following this news. However, with a slight downtick in price, investors began to accumulate, seeing the Ripple token rise in trading volume towards the end of the week. Currently. TV is up 4% in the last 24 hours for XRP. Also Read: Ripple (XRP) Weekend Price Prediction Is Ripple XRP Set To Tumble Further Next Week? Source: WatcherGuru On the other hand, there are concerns that XRP will continue its bearish trend, with indicators suggesting a further price dip. The token’s Chaikin Money

1. May 6th: Hong Kong Bitcoin Spot ETF Experiences Net Redemptions for the First Time link On May 6th, the Hong Kong Bitcoin Spot ETF experienced its first net redemption, just one week after its debut. As of May 9th, the Hong Kong Bitcoin Spot ETF holds a total of 4,260 bitcoins, with net assets totaling $261 million. The Hong Kong Ethereum Spot ETF holds a total of 15,630 ethers, with net assets of approximately $46.71 million. The Hong Kong Ethereum Spot ETF has seen net redemptions for three consecutive days. Additionally, the crypto market maker Wintermute has announced that it will provide liquidity for the Hong Kong-listed Bitcoin and Ethereum spot ETFs. Regarding the discussion about the 20% capital deduction for purchasing the ChinaAMC Bitcoin Spot ETF, Zhu Haokang of ChinaAMC Fund explained in an interview that for physical purchases, an additional 20% of the coin quantity is required to manage the volatility of the underlying digital assets over a 5-day period. If the fund d

On March 14, 2024, Bitcoin (BTC) reached its all-time high of $73,750.07, marking a significant milestone in the history of cryptocurrencies. This event not only showcased the growing acceptance and adoption of Bitcoin but also paved the way for other altcoins to ride the wave of the bull market. As Bitcoin continues its journey to reclaim its all-time high, investors are eagerly seeking opportunities to capitalize on the potential gains of other cryptocurrencies. In this article, we will explore the top three coins to buy before Bitcoin reaches $73,000 once again: Solana (SOL), Shiba Inu (SHIB), and Dogwifhat (WIF). Also read: Cryptocurrency: Top 3 AI Coins To Buy Now Solana (SOL)  Source – Zipmex Solana, currently trading at $143.68, has experienced a 2.32% decrease in the past 24 hours. However, over the past 30 days, Solana has shown significant potential, with a low of $119.38 and a high of $176.24. As Bitcoin continues its upward trajectory, Solana is well-p