In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of EURUSD. In which, the rally from Sep 2022 low is unfolding as impulse sequence & showed a higher high sequence therefore, called for an extension higher to take place. We knew that the structure in EURUSD should…
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[LIVE] Bitcoin Price Inches Closer to New ATH, Can BTC Hit $125K Today? Live News and Updates
Bitcoin is on the brink of history once again. As prices surge toward a fresh all-time high, traders worldwide are asking the same question — can BTC smash through $125,000 today? Follow our live coverage for the latest updates, charts, and expert reactions. Bitcoin Price Live Updates: The post [LIVE] Bitcoin Price Inches Closer to…
S&P Global Assigns First-Ever B- Credit Rating to DeFi Platform Sky Protocol
S&P Global Ratings has issued a B- issuer credit rating to Sky Protocol, formerly known as Maker Protocol, in the first-ever rating by a major credit agency for a decentralized finance (DeFi) platform. Key Takeaways: S&P Global gave Sky Protocol a first-ever B- credit rating for a DeFi platform. The agency flagged risks including high…
South Korean Overseas Retail Investors Pivot to Stablecoin-Tied Stocks: Report
A fresh report by the Korean Center for International Finance (KCIF) states that South Korean nationals who invest in overseas stocks have increasingly pivoted to crypto-tied shares, particularly stablecoins. Retail Korean investors purchasing U.S. big tech shares dropped from a monthly average of $1.68 billion between January and April to $440 million in May, the…
Arthur Hayes Scoops Up $8.4M in ETH and Blue-Chip Alts in Latest Buying Spree
BitMEX co-founder Arthur Hayes has executed an aggressive $8.4 million crypto buying spree over the past 24 hours, accumulating 1,500 ETH worth $6.35 million alongside substantial positions in blue-chip DeFi tokens, including LDO, ETHFI, and PENDLE. Source: Arkham The strategic purchases come as Ethereum breaks through the psychological $4,000 barrier after seven previous rejections, with…
New Ransomware Group Embargo Launders $34M in Crypto from US Hospital Attacks Since April
A new ransomware-as-a-service group called Embargo has laundered approximately $34.2 million in crypto since emerging in April 2024, primarily targeting US healthcare facilities through sophisticated attacks that demand ransoms up to $1.3 million. TRM Labs research identifies the group as a potential rebrand of the defunct BlackCat operation, with notable victims including American Associated Pharmacies,…
Samson Mow Predicts Ethereum Investors to Shift Back to Bitcoin as ETH Soars
Bitcoin advocate Samson Mow has suggested that Ethereum’s latest rally could be setting up a reversal, with capital eventually flowing back into Bitcoin. Key Takeaways: Samson Mow claims ETH’s rally is driven by BTC holders rotating into Ethereum, with plans to shift profits back to Bitcoin. He warns ETH faces strong selling pressure near its…
Nasdaq-Listed BNC Buys 200K BNB for $160M, Becomes Largest Corporate BNB Holder
BNB Network Company (BNC) has purchased 200,000 BNB tokens for $160 million, establishing itself as the world’s largest corporate holder of Binance Coin following a landmark $500 million private placement led by 10X Capital and YZi Labs. The acquisition transforms the Nasdaq-listed company into a crypto-first treasury operation focused exclusively on BNB as its primary…
Ethereum Surpasses $4.3K, Flips Mastercard’s Market Cap – Further Breakout Likely?
Ethereum (ETH) has rallied 1.45% over the last 24 hours to $4,313.21, extending its 7-day and 30-day gains. The second-largest crypto has surpassed Mastercard with a nearly $520 billion market cap, driven by surging trading volumes. ETH has become the 22nd largest asset by market cap. It is currently trading at $4,312 at press time,…
Ethereum Developer Detained in Turkey Over ‘Blockchain Misuse’ Allegations — What We Know So Far
An Ethereum developer known pseudonymously as “Fede’s Intern” says he has been detained in the Turkish city of Izmir over allegations that he helped people “misuse” the blockchain network. The claim, which he denies, has sparked calls for transparency and due process from the crypto community. In a series of X posts, Fede’s Intern said…