While global darknet crypto sales fell by double digits over the past year, Russia’s darknet market Kraken still saw a big jump in crypto trade, Chainalysis says. Global cryptocurrency sales on darknet markets dropped by 15% in 2024, though Russia‘s darknet market scene tells a different story with one platform bucking the trend, according to…
Cryptocurrency exchange Coinbase is facing a class-action lawsuit in the U.S. state of Illinois, which claims that the company may have violated the state’s Biometric Information Privacy Act. A group of Coinbase customers has accused the platform of improperly collecting and storing facial data during its identity verification process. Filed in the U.S. District Court…
BitMEX co-founder Arthur Hayes says Bitcoin must break above $110,000 and climb toward $150,000–$200,000 for a true altcoin season to kick off. In a recent interview with Fortune published on May 18, Hayes predicted this breakout could occur sometime in June or early Q3, driven by rising liquidity and increased trading volume. Hayes, who now…
Ethereum is trading at $2,378, down 5% in the past 24 hours after reaching a weekly high of $2,693. Even with the decline, Ethereum (ETH) is still up over 35% in the past month, showing strength amid a recent crypto market revival. With 24-hour volume up 128.6% to $29.6 billion, trading activity has increased, indicating…
U.S. spot Bitcoin ETFs saw a noticeable slowdown in inflows last week, as investors adopted a risk-off stance following Federal Reserve Chair Jerome Powell’s recent hawkish comments on future rate cuts. According to data from SoSoValue, Bitcoin ETFs brought in $603.74 million over the past week from May 12-16, which was a little over 35%…
Japanese investment firm Metaplanet has increased its Bitcoin holdings by 1,004 BTC, bringing the total reserve to 7,800 BTC. Tokyo-listed investment firm Metaplanet has expanded its Bitcoin (BTC) holdings with a new purchase of 1,004 BTC, bringing its total reserves to 7,800 BTC. In a regulatory filing on May 19, Metaplanet disclosed that the latest…
Coinbase impersonators stole over $2 million worth of crypto from retired artist Ed Suman using data possibly obtained in the exchange’s recent customer support breach. According to Bloomberg, Suman, 67, was targeted in early March after receiving a text message that appeared to be from Coinbase, warning of suspicious activity on his account. When he…
Cryptocurrency prices retreated last week after Bitcoin failed to move above the resistance level at $106,000 and as traders took profits. Bitcoin (BTC) price was trading at $103,000 on Sunday, while the recent Ethereum (ETH) surge hit a barrier. Looking ahead, some of the top cryptocurrencies to watch this week will be Ripple (XRP), Trump…
The Fartcoin price has pulled back from its highest point this month and is at risk of further downside as smart money investors sell and exchange balances rise. At last check Sunday, Fartcoin (FARTCOIN) traded at $1.20, down 14.35% from its highest point this month. Nansen data shows that the number of savvy money investors…
The Pyth Network price remained under pressure on Sunday as the countdown to a big token unlock continued. Pyth Network (PYTH), an oracle protocol that connects market data owners to applications on multiple blockchains, was trading at $0.150, its lowest level since May 9 and 72% below its highest point in November last year. The…
