Bookmarking Crypto Insights
In the world of cryptocurrencies, large holders of digital assets—known as whales—can exert a tremendous influence over the market. Their buying and selling activities often cause huge price movements, and their strategies can give us a good idea of how the overall market feels about a given token. Recently, one such whale has shot into … Read more
Several members of US President Donald Trump’s family are backing a new venture to launch what aims to become the world’s largest Bitcoin mining firm. Hut 8, a digital asset mining and infrastructure company, announced on March 31 that it is acquiring a majority stake in American Bitcoin, formerly known as American Data Center. The … Read more
The cryptocurrency ecosystem has witnessed a spate of recent token unlock events. These occurrences usually consist of previously locked tokens being introduced to the marketplace and can have a variety of effects on the price of the tokens themselves; in some instances, the unlocks are actually timed in such a way as to influence a … Read more
The price of Bitcoin has always kept the attention of both experienced investors and individuals new to the scene. The ups and downs of the cryptocurrency seem to occur with regular frequency and to a degree that can only be described as volatile. But in recent weeks, as I’ve worked on this story, Bitcoin has … Read more
While Chainlink ($LINK) makes its way through the ups and downs of the cryptocurrency market, we have some fresh data that gives us a clearer look at the cost basis distribution of the LINK token. By examining the distribution of purchase prices held largely by long-term investors, two key price points seem to stand out … Read more
The cryptocurrency realm sees its fair share of large-scale investments made by whales—those big players who can dictate market trends. But what happens when the whales start making moves on a particular token? That’s something we might just be seeing happen with the $IMX token. Recent data has revealed an uptick in on-chain transactions by … Read more
The cryptocurrency market is now experiencing a decline in trading activity that is noticeable when compared to the prior period of what everybody thought was at least a bull cycle. The most recent all-time high for the total market cap of all cryptocurrencies was approximately $3.2 trillion in early January 2025. Since then, the numbers … Read more
Key takeaways US crypto investors must file their 2024 tax returns by April 15, 2025, ensuring all crypto transactions are accurately reported to the IRS. Crypto held for less than a year is taxed as ordinary income (10%-37%), while holdings over a year qualify for lower capital gains rates (0%, 15%, or 20%). Selling, trading, … Read more
Coinbase users may have lost as much as $46 million to suspected phishing scams over the past two weeks as rising crypto prices continue to attract bad actors to the industry. Scams such as address poisoning and wallet spoofing involve tricking victims into sending assets to fraudulent wallet addresses that closely resemble legitimate ones. According … Read more
Nigeria’s government has accused Binance of facilitating terrorism and kidnapping financing through illicit fund transfers on its cryptocurrency exchange platform. Binance Faces Increasing Legal Challenges in Nigeria Prior to the Nigerian government’s crackdown on Binance, kidnapping gangs and terrorists funneled illicit funds through the cryptocurrency exchange, Information Minister Alhaji Mohammed Idris recently stated. Idris said … Read more