Tether’s US Treasury holdings and gold reserves helped the stablecoin issuer absorb the downside volatility of the cryptocurrency market during the first quarter of 2025. Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that has helped the firm navigate...Continue Reading
Bitcoin is already testing traders’ nerves and pockets as the highest weekly close ever was followed by a dive back to $102,000. Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000. BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the...Continue Reading
A potential inverse head-and-shoulders pattern suggests Bitcoin could retest $91,000 before any meaningful bullish breakout resumes. Key takeaways: Bitcoin dropped over 4.5% on May 19, confirming a bearish divergence and threatening a break below $100,000. Analysts highlight $97,000–$98,500 as key support that the bulls must hold. Read moreContinue Reading
Crypto DaaS platforms empower scammers with turnkey tools to steal funds. These have now become a bigger threat than ransomware. A crypto drainer is a malicious script designed to steal cryptocurrency from your wallet. Unlike regular phishing attacks that try to capture login credentials, a crypto drainer tricks you into connecting your wallets, such as...Continue Reading
Buterin warns of the risks of centralized RPC providers and proposes a new node design to ensure trustless, censorship-resistant access to Ethereum as the network scales. Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales. On May 19, Buterin shared a post outlining how to...Continue Reading
Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets. Understanding a Bitcoin liquidation map is imperative in dealing with the inherent volatility of the crypto market. The visual tool showcases probable liquidation levels, indicating where large orders may cause cascading price changes. This post...Continue Reading
Coinbase has been hit with at least six lawsuits over the crypto exchange’s recent disclosure that some of its support agents were bribed to leak user data. Coinbase has been hit with a flood of lawsuits after it recently disclosed its user data was breached, with users accusing the crypto exchange of mishandling the incident....Continue Reading
Japanese investment firm Metaplanet now holds 7,800 Bitcoin, worth more than $800 million, after it made its second-largest single Bitcoin purchase. Japanese investment firm Metaplanet has made its second-largest single Bitcoin purchase ever, scooping up more than 1,000 Bitcoin as the cryptocurrency came within 3% of its all-time high. Metaplanet said on May 19 that...Continue Reading
Bitcoin came just shy of $106,500 in its highest-ever weekly close, bringing the original cryptocurrency less than 3% away from its all-time high. Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high. Bitcoin (BTC) has closed at a weekly gain for the past...Continue Reading
Coinbase users claimed the exchange failed to notify them about the collection, storage, sharing and retention schedule of their biometric data. A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the state’s Biometric Information Privacy Act (BIPA). Plaintiffs Scott Bernstein, Gina Greeder...Continue Reading
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