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BtcTurk Sees $48 Million In Suspicious Outflows, Suspends Crypto Withdrawals And Deposits

admin — Fri, 15 Aug 2025 05:00:14 +0000

Earlier today, wallets tied to crypto exchange BtcTurk reportedly transferred more than $48 million worth of digital assets. This movement has raised suspicions of a potential security breach.

BtcTurk Suspends Crypto Withdrawals, Deposits

According to an X post by blockchain security entity Cyvers Alerts, outflows of over $48 million in cryptocurrencies were detected in “unusual activity” across multiple blockchain networks involving the Turkish exchange BtcTurk.

XRP Price Slides to Support, Is a Fresh Increase Coming Soon?

admin — Fri, 15 Aug 2025 04:08:18 +0000

XRP price is down over 6% from the $3.350 resistance zone. The price is holding the $3.020 support and might aim to start a fresh increase.

Ethereum Price Corrects Lower, Could It Trigger Another Buying Spree?

admin — Fri, 15 Aug 2025 03:08:02 +0000

Ethereum price started a downside correction from the $4,780 zone. ETH is again rising from $4,480 and might attempt a steady increase.

Chainlink Breaks 3-Month High Amid Record 2025 Enthusiasm

admin — Fri, 15 Aug 2025 03:00:32 +0000

According to market reports, Chainlink hit a three-month high at $23.80 this week as community sentiment for 2025 reached its strongest point so far.

Trading activity was up, with about $2 billion in volume reported in the last 24 hours. The move came alongside broader crypto gains, but LINK’s own narratives — from real-world assets to cross-chain tools — are getting a lot of attention.

Bitcoin Price Slides 4% After Strong Rally – Correction or Pause?

admin — Fri, 15 Aug 2025 02:20:57 +0000

Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave.

Q4 Will Decide If The 4-Year Bitcoin Cycle Is Dead: Analyst

admin — Fri, 15 Aug 2025 02:00:55 +0000

Bitcoin’s fresh record above $124,000 on Thursday set the stage for a stark test of one of oldest heuristics, according to Joe Consorti, Head of Growth at Theya. In a video published today, August 14, Consorti argued that the fourth quarter will reveal whether the market’s long-observed four-year halving cycle still governs price behavior—or whether the asset has entered a new regime shaped by deep, patient pools of traditional finance capital.

Citigroup Weighs Stablecoin, Crypto ETF Custody amid Upbeat US Regulations

admin — Fri, 15 Aug 2025 00:11:15 +0000

Citigroup is considering launching custody services for stablecoins and the digital assets backing cryptocurrency exchange-traded funds (ETFs), according to a Reuters interview with Biswarup Chatterjee, Citi’s global head of partnerships and innovation.

BNB Surges on $2B Investment: Analysts Debate If $1,000 Target Is Within Reach

admin — Fri, 15 Aug 2025 00:00:53 +0000

Binance Coin (BNB) has hit fresh record territory after Abu Dhabi-based MGX announced a historic $2 billion investment in Binance on August 12.

The deal, entirely funded in stablecoins, marks the largest single investment ever made in a cryptocurrency company. Within 48 hours of the news, BNB surged more than 15%, breaking through key resistance levels and reaching a new all-time high of $864.

Bitcoin Pulls Back to $121,800 After Record High: Is This Just a Breather Before the Next Leg Up?

admin — Fri, 15 Aug 2025 00:00:21 +0000

Bitcoin (BTC) surged to a new all-time high of $124,400 on early Thursday, fueled by strong institutional demand, bullish technicals, and favorable U.S. policy shifts. The move pushed the overall crypto market cap to a record $4.18 trillion.

The rally followed a decisive breakout above key technical levels, including the 7-day SMA at $118,892 and the 200-day EMA at $101,566.

Jack Dorsey’s Block Introduces Tool-Free, Modular Bitcoin Miner with 10-Year Lifespan Goal

admin — Thu, 14 Aug 2025 23:31:33 +0000

The Bitcoin company of former Twitter owner Jack Dorsey, named Block Inc., has introduced Proto Rig, a modular Bitcoin miner, and Proto Fleet, a new open-source management platform, marking a shift from the traditional lifecycle and operational model of Bitcoin ASIC mining hardware in the industry. The announcement was made at Core Scientific’s facility in Dalton, Georgia.

BLSH stock surges 90% on IPO debut, hits $10B market cap!

admin — Thu, 14 Aug 2025 23:00:23 +0000

Binance Bitcoin Reserves Surge To 579,000 BTC – Signal Of Profit-Taking Or Bullish Liquidity?

admin — Thu, 14 Aug 2025 23:00:21 +0000

Bitcoin (BTC) created a fresh all-time high (ATH) yesterday, touching $124,474 on Binance before stabilizing around $118,000 at the time of writing. Meanwhile, BTC reserves on Binance have surged significantly, raising concerns about a potential price correction.

Bitcoin Reserves Spike On Binance: Time To Worry?

According to a CryptoQuant Quicktake post by contributor Arab Chain, Binance’s Bitcoin reserves have seen a sharp increase in recent months. The exchange holds the largest BTC reserves, supported by its high liquidity and the largest trading volume in the market.

Coinbase Buys Deribit in $2.9B Deal Following Stake Boost from World’s Largest Pension Fund

admin — Thu, 14 Aug 2025 22:04:58 +0000

Coinbase confirmed on August 14 it has completed a $2.9 billion cash-and-stock acquisition of Deribit, the world’s largest crypto options exchange by trading volume and open interest.

Deribit, based in the Netherlands, processed about $1 trillion in options volume during 2024 and currently holds roughly $59 billion in open interest. Its market dominance in options adds depth to Coinbase’s existing spot, futures, and perpetual swap businesses.

TRON Long-Term Holders See Massive Gains As TRX Pushes Toward Multi-Year Highs

admin — Thu, 14 Aug 2025 22:00:47 +0000

Tron (TRX) has delivered one of its strongest performances to date, capping off a year marked by steady price appreciation and a landmark achievement — going public in the United States. The Initial Public Offering (IPO) represents a historic milestone for the blockchain network, signaling both its maturity and growing acceptance in traditional financial markets. For investors, Tron’s public listing in the US adds a layer of legitimacy and opens new pathways for institutional participation.

Analysts Call Ethereum a Strategic Buy as ETF Inflows Soar and Price Nears Breakout Zone

admin — Thu, 14 Aug 2025 22:00:01 +0000

Ethereum (ETH) is closing in on its 2021 all-time high as institutional demand surges, fueled by record-breaking inflows into U.S. spot Ethereum exchange-traded funds (ETFs).

On Wednesday alone, Ethereum ETFs pulled in $729.1 million, their second-largest daily inflow since launch, with BlackRock’s ETHA accounting for $500.9 million and Fidelity’s FETH adding $154.7 million. Over the past six days, these funds have attracted more than $2.3 billion, driving ETH prices above $4,900.