Ronaldo Faces $1 Billion Lawsuit Over Binance NFT Endorsement
Crypto Promotion Backlash An explosive lawsuit filed in Florida targets Cristiano Ronaldo, the renowned soccer star, seeking damages exceeding $1 billion for his involvement in promoting the cryptocurrency exchange Binance. The legal action alleges Ronaldo’s role in encouraging his massive…
Nov 2023: Crypto Theft Soars, Reaches $363M In Record-Breaking Month
Key Pointers: Record-breaking Losses: November 2023 became the most damaging month for crypto theft, registering $363 million in losses, predominantly due to exploits and flash loan attacks. Prominent Attacks: Poloniex, HTX/Heco Bridge, and KyberSwap witnessed major breaches, resulting in significant…
Bitcoin Forecast: Matrixport Anticipates $60K Price Pre-Halving
Bitcoin is poised for a bullish surge, expected to catapult its price to $60,000 before the impending Bitcoin halving, predicts Matrixport. The market outlook remains optimistic, underpinned by several factors, including the possibility of a spot Bitcoin ETF, dovish cues…
Cryptocurrency 2024 Projections: Expert Forecasts And Market Analysis
Cryptocurrency analysts anticipate a surge in 2024, driven by institutional interest, spot Bitcoin ETF, and Bitcoin halving. The cryptocurrency market has seen a renewed influx of investments recently, with traders displaying increased confidence as trading volumes surge and major cryptocurrencies…
Bitcoin’s Strong Performance In December: Surpasses $38,000 Mark
Bitcoin (BTC), the world’s leading cryptocurrency, is surging once again, marking a significant milestone by crossing the $38,000 threshold for the third time within a week. This achievement echoes Bitcoin’s levels last witnessed in April 2022, a period when the…
MicroStrategy Acquires 16,000+ BTC Worth $600M In Latest Purchase
Main Pointers: MicroStrategy’s latest Bitcoin acquisition, amassing over 16,000 BTC valued at nearly $600 million, underscores its unwavering commitment to bolstering its Bitcoin reserves. With a total holding surpassing 174,000 BTC and an unrealized profit exceeding $1.2 billion, MicroStrategy continues…
FTX Gains Approval To Liquidate $873M In Assets For Creditor Repayment
Main Pointers: FTX granted authorization to sell $873 million in trust assets for creditor repayment following the exchange’s collapse in 2022. Grayscale’s flagship products, including GBTC and ETHE, are among the trusts FTX can liquidate, totalling over $800 million. In…