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The enigmatic “7 Siblings,” a group with an estimated $2.2 billion in assets, has re-emerged, quietly accumulating a substantial amount of Ethereum during the recent market downturn. This entity purchased 28,120 ETH, worth approximately $66 million, at an average price of $2,350 in the last 15 hours. Their activity has drawn attention as they continue … Read more
The $EIGEN token is gaining attention as it sees increasing accumulation from Smart Dex Traders (SDTs) and Smart Money (SM). Currently, $EIGEN ranks #1 among tokens accumulated by Smart Money and #3 in the top tokens highlighted by SDTs for good entry points. Notably, five hours ago, the wallet 0xcfc5, associated with Robert Leshner, purchased … Read more
Recent data has unveiled the top 50 tokens most commonly held in iCrypto Whale portfolios on Ethereum each month, offering insight into which categories dominate their allocations. Analyzing these trends reveals how the investment focus of large crypto holders has shifted over time. In the early months of the year, stablecoins such as $USDT, $USDC, … Read more
The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure. … Read more
A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower borrowing costs, potentially boosting the cryptocurrency market. Bitcoin’s … Read more
Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President Donald Trump’s improving odds could enhance bitcoin’s long-term outlook, but a … Read more
Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russian bitcoin mining industry could reach parity with the U.S. in two to three … Read more
BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch stablecoins. BBVA Plans to Launch Stablecoin in … Read more
Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL), and the USDC stablecoin, among others. Nubank has been lowering its trading rates since last year when it charged … Read more
The U.S. Treasury has sanctioned members of Russia’s Evil Corp in collaboration with the UK and Australia, continuing a crackdown on cybercriminals. Targeting seven individuals, the group is infamous for deploying Dridex malware and Bitpaymer ransomware. This move highlights international efforts to combat cyber threats. US Expands Sanctions on Evil Corp Amid Global Ransomware Crackdown … Read more