Author: coinadrenaline
Attorneys representing the US SEC and Tron founder Justin Sun formally submitted a request to pause the ongoing legal battle. The sixty-day pause will allow the parties to explore settlement options. Key Takeaways Justin Sun’s legal team joined the SEC in jointly requesting a 60-day halt to the legal contest as they consider settlement options. Sun is battling charges levelled by the SEC in March 2023, alleging wash trading and unregistered securities offerings of BTT and TRX tokens. Both parties submitted that pausing the ongoing legal battle will conserve judicial resources, thus beneficial to the public and the court. …
Bitcoin (BTC) turned up from $81,500 on March 4, and the bulls are trying to extend the recovery above $90,000 on March 5. However, some analysts do not expect Bitcoin to run up in the near term. Bitfinex analysts said in a March 3 markets report that Bitcoin could face “significant resistance” at $94,000.In another note of caution, CryptoQuant contributor XBTManager said in a Quicktake post that Bitcoin is likely to extend its consolidation for some time. Hence, risky trades should be avoided over the next few months. The analyst said the time to buy will come when short-term holders…
Bybit CEO Ben Zhou has confirmed that $1.07 billion—roughly 77% of the assets stolen in the exchange’s recent $1.4 billion security breach—can still be tracked.In a March 4 update, Zhou disclosed that hackers successfully laundered $280 million, around 20% of the 499,000 ETH stolen.Meanwhile, investigators have managed to freeze $42 million, accounting for 3% of the compromised funds.Zhou stated that 11 independent bounty hunters were rewarded $2.1 million for helping to freeze stolen assets. Among the top contributors were Mantle, Paraswap, and blockchain investigator ZachXBT.THORChain’s roleZhou revealed that the attackers converted much of the stolen ETH into Bitcoin (BTC) through…
Best Cryptos to Invest in Today for Exponential Return Potential: Qubetics’ Multi-Chain Wallet (Stage 24 Presale), Chainlink’s Market Surge & Binance’s Exchange Growth No Result View All Result
Este artículo también está disponible en español. The XRP price has retraced and lost the gains it recorded from its Sunday rally following Trump’s announcement that the crypto would be included in the crypto strategic reserve. Following this price correction, crypto analyst Trade City has key support levels that could determine XRP’s future trajectory. Important Support Levels For The XRP Price In a TradingView post, Trade City highlighted $3.06717 and $1.67220 as critical support levels for the XRP price on the weekly timeframe. While analyzing the weekly chart, the analyst noted that after bouncing along the ascending trendline, XRP confirmed…
The security of the Ethereum protocol is continually being improved, and one recent effort is the external security review of the Pectra System Contracts. The results of this review can be found in the audits repository, and the TL;DR is that all discovered issues deemed relevant or important from these reviews have been addressed. Audit Scope and Methodology The Pectra System Contracts encompass several EIPs (EIP-2935, EIP-7002, and EIP-7251), and reviews were primarily done to: Evaluate the contracts for potential attack vectors.Ensure that the contract logic accurately implements the intended functionality as per the EIP specifications. A multi-phase approach was…
On March 2, XRP registered a massive rally of 34.15%. The price pump came after US President Donald Trump’s announcement that XRP (XRP) would be included in a US strategic crypto reserve alongside Solana (SOL) and Cardano (ADA). XRP 1-day chart. Source: Cointelegraph/TradingViewHowever, the altcoin retraced 50% of its rally on March 3, and one analyst highlighted that XRP whales are potentially making a move behind the scenes.XRP whales sell at record levelsWith XRP currently 30% below its all-time high, CryptoQuant founder Ki-Young Ju implied that large XRP addresses are potentially cashing out. With the help of XRP’s volume bubble…
Yesterday, President Trump announced the long awaited Strategic “Bitcoin” Reserve on Truth Social, and many in the space are pissed. First, the Reserve appears to be far from Bitcoin only. “They’re doing DEI for Charles Hoskinson,” former CoinDesk Chief Insights Columnist David Z. Morris wrote on X – Hoskinson’s Cardano (ADA) was announced to be included in the Reserve. “Cut cancer research to buy Cardano,“ another user posted. Others take issue with possible investment interests surrounding the Trump administration: Trump’s announcement is “a new level of corruption,” wrote communications strategist Derek Martin, detailing David Sack’s investment in Bitwise. “You get…
The recent slowdown in Bitcoin ETF selling isn’t driven by Trump’s crypto reserve plan but rather shifting market dynamics. Spot Bitcoin exchange-traded funds saw their largest outflows since launching in January 2024. For now, the selling pressure may be easing, though not necessarily due to President Donald Trump‘s statement on a strategic crypto reserve, but seemingly because hedge funds unwound basis trades, analysts at Matrixport suggest. https://twitter.com/Matrixport_EN/status/1896460763293986916/ In an X post on March 3, the analysts suggested that hedge funds likely triggered the sell-off by unwinding basis trades, which aligns with the $8 billion drop in CME open interest since…
Macro guru and Real Vision chief executive Raoul Pal says it is within the realm of possibility for crypto to witness an extended bull run this cycle. In a new video update, the ex-Goldman Sachs executive tells his 211,000 YouTube subscribers that the second phase of the “Banana Zone” – a term coined by him to refer to a period of rapid and explosive growth for the price of digital assets – will expand into 2026. “But [by] the back end of March, we should start to see price accelerate and then [in] April, May [and] June we should see…