PENGU Surges as Bitcoin Approaches $78K, Following Massive Liquidation
Bitcoin has maintained a consistent upward trajectory in April with minimal pullbacks, enabling altcoins to extend their gains significantly. Leading the pack of altcoin surges is the meme coin Pudgy…
Bitcoin Approaches $78,000 Barrier Amid Rising Short-Squeeze Concerns; Altcoins Surge
The cryptocurrency sector is on the cusp of a significant breakthrough as bitcoinBTC$78,143.47 approaches the $78,000 mark—a threshold it couldn’t surpass last Friday and hasn’t exceeded since January. Should bitcoin…
Are Your Favorite Cryptocurrencies Prepared for Quantum Computing?
In August 2024, NIST finalized its initial trio of post-quantum cryptography standards, urging organizations to start migrating immediately with a deprecation deadline set for quantum-vulnerable algorithms by 2035. Coinbase’s advisory…
Justin Sun Initiates Legal Action Against Trump-Backed World Liberty Financial Over Token Freezing
Tron founder Justin Sun has initiated a legal battle against the crypto venture backed by the Trump family, filing a lawsuit in California federal court. According to his tweet on…
Navigating Safety: Maker’s Spark and USDC Lead Amidst Aave’s $10 Billion Exodus
Following the approximately $292 million Kelp DAO exploit that compromised the cross-chain backing of rsETH, more than $10 billion has left Aave. However, this capital hasn’t converged into a single…
Kelp Traders Skeptical of Loss Distribution After $292 Million Breach
According to predictions from an Apolymarket contract, it seems unlikely that Kelp DAO will distribute losses caused by last weekend’s $292 million breach beyond those directly impacted. The odds currently…
Bitcoin at a Critical Juncture: The Role of $79,200 in its Price Movement
As Bitcoin (BTC) approaches a pivotal moment while testing two closely related on-chain resistance levels, it has been trading sideways for about 75 days since reaching a local low of…
Bitcoin Hits $78K Amid Rising Oil Prices and Financial Market Dynamics
On April 21, Brent crude oil saw a 5.4% increase, closing at $99.89 with an intraday peak of $102.16, as transit through the Strait of Hormuz was severely restricted to…
Volo Protocol Suffers Hack Following Recent DeFi Security Breaches
The ongoing security issues plaguing blockchain-based decentralized finance (DeFi) platforms continue to escalate. Volo Protocol, a platform operating on the Sui blockchain that allows users to deposit assets into yield-generating…
Bitcoin’s Coinbase Premium Hits Longest Bullish Run Since October Peak
An indicator closely monitored by crypto experts for insights into U.S. institutional investment in bitcoin is known as the Coinbase premium index. Currently, it shows its most extended bullish trend…