Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
Illicit addresses sent $22.2 billion in cryptocurrency to services in 2023, a decrease from $31.5 billion in 2022, and centralized exchanges remain the primary destination.Source
Coinbase Upgraded to Neutral Ahead of Earnings at JPMorgan as Shares Surge
The bank lifted its rating on Coinbase stock to reflect rising crypto prices following the approval of spot bitcoin ETFs in the U.S.Source
U.S. Cyber Authorities Investigate ‘Binance Trust Wallet’ iOS App for Vulnerabilities
The Binance-owned wallet has been the victim of multiple cyber attacks during 2023.Source
Solana’s SOL Futures Rack Up $1B in Record Bullish Bets
The present bias towards long positions means potential for a long squeeze, where investors who hold long positions feel the need to sell into a falling market to cut their losses.Source
Jump in Ether’s Relative Strength Index Warrants Your Attention. Here is Why
Ether’s 14-week RSI has topped 70, a threshold that marked previous parabolic bull runs.Source
Ether Traders Target $3.5K as ETH Jumps on ETF Expectations
Several traditional financial firms are vying for an ether exchange-traded fund in the U.S., a move that is boosting the token’s medium-term outlook.Source
BitTorrent’s BTT Surges 12% as Owner Tron Completes TRX Burn
BitTorrent’s BTT token is issued on Tron, and continues to surge on the network’s positive news.Source
Cathie Wood’s ARK Invest Sells Coinbase Shares for First Time in a Month
ARK sold $34.3 million of shares in the crypto exchange, which is due to report earnings after the U.S. market closes.Source
Telefónica Teams Up With Chainlink to Provide Security Against ‘SIM Swap’ Hacks
The partnership will be a “significant step” in integrating telecom capabilities into the blockchain technology, the firms said.Source
Bitcoin-Yen Pair Hits Record High, Reflects Stress on Japan’s Fiat Currency
Bitcoin’s ongoing rally is telling of current market perceptions about fiat currencies, with sentiment being weakest for the Japanese yen.Source