Adam Forsyth

Adds 6 More BTC to Its Holdings

El Salvador has increased its Bitcoin holdings, purchasing 6 BTC on March 10 instead of its usual 1 BTC per day. This is occurring against a backdrop of increased pressure from the International Monetary Fund (IMF) to stop its BTC…

Ethereum’s Pectra upgrade on Sepolia testnet was targeted by unidentified attacker: report

An unknown attacker prompted Ethereum developers to roll out a “private fix” as the network grappled with technical issues during the Pectra upgrade on the Sepolia testnet. In a post-incident report, Ethereum developer Marius van der Wijden revealed that the…

Why is the Ripple (XRP) Price Down Today?

TL;DR XRP dropped below $2.20, mirroring a broader crypto market decline. However, some analysts remain optimistic, predicting a rally to $5 and beyond if the price holds key support. XRP Bleeds Heavily Ripple’s XRP witnessed a substantial resurgence on March…

Japan’s 40Y Bond Yield nears all-time high, here’s how it impacts the crypto market

Japan’s 40Y Bond Yield has hit 2.85%, dangerously close to its historic 3% high. Japan’s predicament could cause a trickle-down effect that can spike U.S. yields and eventually send the crypto market into a downward spiral. According to data from…

Bitcoin (BTC) Briefly Tanks to $80K, Leaving Over $600 Million in Liquidations

Over the weekend, Bitcoin’s (BTC) price stabilized at around $86,000, showing little-to-no volatility. However, the bears retook control in the past several hours, suppressing the asset’s valuation to as low as $80,000. The latest downtrend negatively affected more than 220,000…

Binance bans GPS, SHELL market maker, set to refund users

Binance has banned a market maker linked to GoPlus Security and MyShell after detecting trading irregularities. According to a Mar. 9 announcement on Binance’s official blog, the exchange has terminated the entity from market-making activities and confiscated its proceeds to…

Bitcoin sinks, XRP, ADA, DOGE dip as Trump stirs recession fears amid rising trade conflict

Key Takeaways Bitcoin and altcoins plunge amid growing economic uncertainty. Market reactions remain tepid as the Strategic Bitcoin Reserve will not involve new government purchases for now. Share this article Fears of a looming recession, coupled with escalating trade tensions…

US Treasury Sanctions 49 Crypto Addresses Tied to Nemesis Darknet Market

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Behrouz Parsarad for running Nemesis, a darknet marketplace that sold illegal drugs. As part of these actions, OFAC has also blacklisted 49 crypto addresses,…

Cronos rises as key vote continues, VVS DEX volume spikes

Cronos is in the red following the community’s proposal to undo a major token burn that incinerated 70 billion tokens in 2021.  At last check Sunday, Cronos (CRO) — formerly known as the Crypto.com Coin — is in the red….

Pump.fun Tokens Drop to September 2024 Lows

While the broader crypto market is experiencing bearish trends, several cryptocurrencies are experiencing reduced attention. Meme coins are among such assets. On-chain data from the blockchain analytics platform Dune reveals that meme tokens created using the Solana-based meme coins generator…