Polygon has dropped nearly 10% over the past 24 hours, extending its downtrend for a third straight day. However, a bullish reversal pattern has emerged on the daily chart, indicating a potential rebound soon. Summary Polygon’s POL token is down 9.5% in 24 hours, trading at $0.225 with a market cap of $2 billion. Whale…
A judge denies two brothers’ plea to dismiss crypto fraud charges after allegedly stealing $25 million from the Ethereum blockchain using an MEV bot. Why was their bid dismissed? Summary MIT-educated brothers Anton and James Peraire-Bueno face crypto fraud charges for allegedly stealing $25 million from ETH traders. Anton and James Peraire-Bueno manipulated MEV bots…
Exchange-traded funds (ETFs) tracking Bitcoin have slipped again, continuing their losing streak as investor sentiment cools. Summary U.S.-listed Bitcoin ETFs have deepened their losses with another round of outflows. Bitcoin is hovering just below $118K, but analysts say momentum could return. Ethereum ETFs are still thriving, even as the asset’s price cools. U.S.-listed spot Bitcoin…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Everybody knows blockchain bridges are broken. They’re widely recognized as one of the major risks of dealing in DeFi, exemplified by the Qubit, Ronin, and Wormhole exploits that stole hundreds of millions…
Altseason calls are gaining ground, and the numbers are starting to back them. New market data shows Ethereum is taking the market lead, flipping Bitcoin across several key metrics and pulling altcoins with it. Summary Ethereum just overtook Bitcoin in spot volume for the first time in over a year. Bitcoin dominance dropped nearly 3%…
Ripple, and its CEO Brad Garlinghouse, has issued an urgent warning, alerting the community about an uptick in deepfake scams impersonating the blockchain firm on YouTube. Summary Ripple said scammers were hacking YouTube accounts to impersonate the company. crypto.news found livestreams using altered Brad Garlinghouse footage. Scammers typically use altered videos and AI-generated voiceovers to…
Solana may soon double its block capacity from 60 million to 100 million compute units, aiming to boost transaction throughput and ease network congestion. Summary New proposal suggests raising Solana block limits from 60 to 100 million CUs. Current limit increased recently from 48M to 60M CUs, improving fees and user experience. Larger block capacity…
Bitcoin’s latest rally has defied past cycle patterns, and one key indicator may explain why investors aren’t selling, even near all-time highs. Summary Bitcoin is holding above $117K despite a recent pullback after all-time high. CryptoQuant’s Flow Pulse shows low selling pressure, unlike 2017 and 2021. Short-term caution remains, but the long-term trend is still…
The crypto market cap is trending lower this Wednesday, as traders continue to lock in profits following a rally fueled by Bitcoin’s recent all-time high. With widespread sell-offs across all major cryptocurrencies, this raises a critical question: Is this just a healthy correction, or is the bull run losing steam? Summary The total crypto market…
MoonPay has rolled out SOL staking in its app, joining a growing wave of platforms expanding access to Solana staking yields amid rising demand. Summary MoonPay has launched SOL staking in its app, offering up to 8.49% APY with rewards every 2 days across 100+ countries. MoonPay’s mpSOL enters a growing market alongside Marinade, Jito,…
