According to KiiChain, delayed warnings allowed exposure to continue as attackers drained funds before affected Cosmos EVM networks were halted. Cosmos Labs has urged affected networks in contact with its team to halt operations amid an ongoing security incident involving the EVM module. Statements issued by KiiChain, TAC, and MANTRA have all pointed to…
The cryptocurrency market has entered “extreme greed” for the first time since late 2024, with CoinMarketCap’s sentiment index reaching 81 after Bitcoin gained about 24% in seven days. Summary CoinMarketCap’s Fear and Greed Index rose from 41 to 81 within one week. The reading has climbed 45 points from its level of 36 one month…
Brent Kovar promised 30% returns and a 100% money-back guarantee. He is now facing up to 280 years in prison. A federal jury has convicted Las Vegas businessman Brent C. Kovar of defrauding at least 400 investors of $24 million through a crypto investment scheme. Kovar owned Profit Connect, a Las Vegas-based company that…
Bitwise has launched three automated portfolios of Coinbase tokenized stocks for eligible non-U.S. investors, combining self-custody and automatic rebalancing for a 0.15% methodology fee. Summary Bitwise’s first portfolios cover the Magnificent 7 plus SpaceX, robotics companies and artificial intelligence leaders. Glider automatically adjusts users’ wallet holdings to match model weights published by Bitwise. Investors retain…
Ethereum has staged a decisive breakout from the multi-week consolidation structure, with ETH now trading just below $2.5K after reclaiming several important resistance levels. The move has significantly improved the higher-timeframe structure, although momentum has become stretched and ETH is currently testing a major resistance zone. Ethereum Price Analysis: The Daily Chart The daily chart…
Moon Pursuit Capital has urged professional crypto investors to use systematic strategies instead of relying on Federal Reserve forecasts after Bitcoin gained 22.1% in seven days and approached $80,000. Summary Bitcoin gained 22.1% during its strongest week since March 2024. Kevin Warsh will deliver his first Jackson Hole keynote as Fed chair on Aug. 28….
In the latest Bitcoin ETF News, BlackRock’s iShares Bitcoin Trust (IBIT) recorded $208.9 million in net inflows on August 24, while total net inflows across tracked US spot Bitcoin ETFs were $337.6 million, according to Farside Investors. Dividing IBIT’s $208.9 million by the $337.6 million category total produces a share of about 61.9%, or roughly…
“Liquidations accelerate, sentiment collapses, and I think we go straight toward $40K,” one popular X users suggested. It sounds almost surreal that only weeks ago BTC was fighting to stay above $60,000, while it now trades around $80,000. Its awakening has sparked widespread enthusiasm within the community and prompted analysts to call for an…
XRP price consolidated near $1.48 on Aug. 25 after gaining about 51.5% in seven days, with its 4-hour chart forming a potential bullish pennant that could support another advance if buyers clear resistance near $1.56. Summary XRP price rallied from about $1.00 to an intraday high near $1.69 over seven days. The 4-hour chart shows…
From record-setting ETF inflows to major XRP price breakout. Here’s the latest in the broader Ripple ecosystem. It was less than a week ago when we last wrote a major Ripple (XRP) update, and the landscape was entirely different. Not that the company behind the token hadn’t made some major moves, because it frequently…
