Bitcoin can still hit $75k in consolidation phase, Galaxy’s Novogratz says

As an experienced financial analyst, I share Michael Novogratz’s perspective on the current state of the crypto market. Based on his extensive knowledge and insights, it seems we are in a “consolidation phase,” which could last until the end of 2024. This means that Bitcoin and other major cryptocurrencies may not experience significant growth during … Read more

FIU steps up AML and CFT compliance for crypto exchanges in India

As a seasoned crypto investor, I’ve witnessed firsthand the rollercoaster ride that is the cryptocurrency market. The latest news regarding India’s regulatory crackdown on unregistered cryptocurrency exchanges under AML and CFT guidelines is a welcome development in my opinion. As a financial analyst, I would rephrase it as: I’m currently observing that Indian authorities are … Read more

BlockTower Capital and Sonne Finance Hit by Major Exploits: Millions Lost in Crypto Heists

As a researcher with extensive experience in the cryptocurrency industry, I find it alarming that two significant players, BlockTower Capital and Sonne Finance, have been victims of exploits within a short period of time. The combined losses are substantial, with at least $1.9 billion affected between the two incidents. Two significant players in the crypto … Read more

Binance Launches Funding Arbitrage Bot and Spot Copy Trading

As a seasoned researcher with extensive experience in the blockchain and cryptocurrency space, I am thrilled about Binance’s latest updates – the launch of the Funding Rate Arbitrage Bot and the full rollout of Spot Copy Trading. These innovative tools add significant value to Binance’s already impressive lineup of automated trading solutions. the debut of … Read more

Solana Developer Admits to Misusing Cypher Funds

As a long-term crypto investor with significant stakes in various decentralized exchanges (DEXs), I can’t help but feel disheartened by the recent revelation of misappropriated funds within Cypher, a DEX on the Solana blockchain. The confession from Hoak, a core developer, that he had gambled away over $300 million meant for compensating hack victims is … Read more