Virtuals Protocol appears poised for further gains backed by strong technicals and growing institutional interest. According to data from crypto.news, Virtuals Protocol (VIRTUAL) shot up 19% to hit an intraday high of $2.53 on Wednesday, May 28, during afternoon trading in Asia. This pushed its market cap close to $1.6 billion. With this move, the…
Police have apprehended two crypto investors who were allegedly involved in the kidnapping and torturing of an Italian man in a Manhattan townhouse. The victim claimed his captors forced him to reveal his Bitcoin account password. According to a recent report by AP News, 32-year-old William Duplessie has surrendered to the police over the alleged…
Police have apprehended two crypto investors who were allegedly involved in the kidnapping and torturing of an Italian man in a Manhattan townhouse. The victim claimed his captors forced him to reveal his Bitcoin account password. According to a recent report by AP News, 32-year-old William Duplessie has surrendered to the police over the alleged…
The Australian Securities and Investments Commission has filed civil proceedings against former Blockchain Global director Liang “Allan” Guo over alleged breaches of directors’ duties linked to the collapse of ACX Exchange. According to a May 28 press release from the regulator, ASIC alleges that Guo was involved in the mismanagement of customer funds and failed…
The Sui Foundation has stepped in with a secured loan to help decentralized exchange Cetus fully compensate users affected by a recent $223 million exploit. In a statement posted on X on May 27, the foundation said the loan will cover funds that the hacker managed to bridge out of the Sui (SUI) network before…
Bitcoin has surged more than 47% from its recent lows, hitting a new all-time high in May as holding patterns show strong accumulation. Unlike in past market cycles, long-term holders are not in a hurry to sell. On-chain data reveals a notable lack of aggressive selling despite substantial profit potential, indicating strong conviction among long-term…
Bitcoin is hovering near $110,000 on Tuesday, and on-chain data suggests capital is rotating from the leading cryptocurrency into altcoins like XRP, Solana, and Cardano. Ethereum-rival Solana and top-five crypto XRP are now competing for dominance in both retail and institutional portfolios this cycle. Legendary trader Peter Brandt recently reignited the debate on X, asking…
Bitunix analysts have highlighted the latest data on crypto liquidations near the $108,000 support zone, warning that more liquidations could follow if Bitcoin breaks below this level. Bitcoin’s (BTC) recent volatility has created a notable liquidation pocket, analysts at crypto exchange Bitunix told crypto.news. On Tuesday, May 27, total crypto liquidations reached $211 million, with…
KindlyMD, an integrated healthcare services provider, has announced the purchase of 21 Bitcoin ahead of its merger with Nakamoto Holdings, a company focused on the acquisition and holding of Bitcoin. KindlyMD’s move to buy 21 Bitcoin (BTC) comes a few weeks after David Bailey, the chief executive officer of BTC Inc., and crypto advisor of…
AAVE continues its strong rally, reaching its highest level since Feb. 2 as both fundamentals and technicals align. AAVE (AAVE) surged to $281 on Tuesday, extending a rally that began on April 7 when the token bottomed at $114.15. The uptrend has been supported by rising investor demand, reflected in a sharp drop in exchange…
