modernsociety
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10 months, 3 weeks agoGrayscale Rebalances Crypto Funds, Adds Avalanche and XRP
Grayscale, a leading asset manager, has announced a rebalancing of weights for three of its crypto funds. This move has led to the removal of certain tokens such as Polygon MATIC, while others like Avalanche AVAX…
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10 months, 3 weeks ago'Whale' Investor 0x931 Acquires $48M Worth of Ethereum Amid Market Stability
In a significant move, a whale known as ‘0x931’ has acquired $48 million worth of Ethereum, at an average price of $2,265 per coin. This recent purchase has bolstered their holdings to a hefty 80,000 ETH. The cry…
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10 months, 3 weeks ago'Whale' Investor 0x931 Acquires $48M Ethereum, Signaling Bullish Sentiment
In a significant move, a whale in the cryptocurrency market, known as ‘0x931’, has acquired $48 million worth of Ethereum. The purchase was made at an average price of $2,265 per coin, increasing their holdings to…
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10 months, 3 weeks agoDCG Successfully Repays $700 Million Genesis Debt
DCG, a prominent player in the financial sector, has successfully completed the repayment of a substantial $700 million debt to Genesis. This significant financial move is part of DCG’s larger strategy to clear o…
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10 months, 3 weeks agoRipple Faces Crucial Court Hearing in Investor Class Action Case
A court hearing has been scheduled for January 11 in the ongoing legal dispute between Ripple and a group of XRP investors. The case, led by Vladi Zakinov, accuses Ripple of selling XRP as an unregistered security.…
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10 months, 3 weeks agoCrypto Analyst Predicts Significant Price Surge for Cardano
Crypto analyst Guy Turner has forecasted a potential significant price surge for Cardano (ADA). He suggests that ADA could rally to as high as $1, which is the next significant level of resistance. This projection…
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10 months, 3 weeks agoMarathon Digital Sets Record with Highest Monthly Bitcoin Mining Output
Marathon Digital Holdings has reported its highest monthly Bitcoin mining output ever, successfully mining 1,853 BTC in December. Over the course of the last year, the company mined 12,852 BTC, valued at over…
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10 months, 3 weeks agoFinal Steps Underway for Spot Bitcoin ETF Debut on Wall Street
The final preparations for the launch of a spot Bitcoin exchange-traded fund (ETF) on Wall Street are underway, with asset managers expected to submit their final revisions by the morning of Jan. 8, says Bloomberg…
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10 months, 3 weeks agoBitcoin Developer's Bug Fix Proposal Sparks Controversy in Community
Bitcoin developer Luke Dashjr has been unsuccessful in rallying support for a proposed “bug fix” to the Bitcoin code that would halt Ordinals and Inscriptions on the blockchain. Dashjr’s proposal was aimed at addre…
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10 months, 3 weeks agoCelsius Network Begins Creditor Compensation, Unstakes Ethereum Amid Restructuring
Celsius Network, a crypto firm that filed for Chapter 11 bankruptcy protection in the United States during the winter of 2022, is nearing the end of its restructuring plan. The company, which had lent out over $8…
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10 months, 3 weeks agoEthereum Predicted to Surge 786% to $20,000 by 2024, Says Analyst
Renowned crypto analyst CrediBULL Crypto has made a bold prediction about the potential price surge of Ethereum (CRYPTO: ETH) in 2024. In a recent post, the analyst suggested that Ethereum could reach five figures…
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10 months, 3 weeks agoCelsius Network Unstakes Ether to Aid Restructuring and Pay Creditors
The cryptocurrency lender Celsius Network, currently in bankruptcy, has revealed its plan to unstake a significant amount of its ethereum holdings. This action is part of the company’s ongoing restructuring e…
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10 months, 3 weeks agoSolana Outperforms Ethereum by Simplicity, Says Analyst Qiao Wang
Ethereum’s (ETH) development and scaling narratives may be too complex for average developers and entrepreneurs, yet they are “intellectually satisfying” for researchers and architects, according to Alliance DAO’s…
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10 months, 3 weeks agoKeet io to Launch P2P Platform, Tether CEO Discusses Future Plans
Keet io, a technology based on “Holepunch,” is set to revolutionize the creation of distributed networks. By eliminating single points of failure, it gives individuals ownership over their data and com…
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10 months, 3 weeks agoGrayscale Shakes Crypto Market with XRP's Return and AVAX Addition
In a significant development in the crypto market, Grayscale, a leading player in crypto-based OTC investment products, has made strategic changes to its portfolio. The return of XRP to the limelight is causing a…
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10 months, 3 weeks agoBlackRock's Bitcoin ETF Could See Record-Breaking $2 Billion Inflows
Matthew Sigel, the Head of Research at VanEck, has hinted that BlackRock’s Spot Bitcoin ETF could see a record-breaking amount of inflows upon its launch. This comes as an approval order by the Securities and E…
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10 months, 3 weeks agoFinancial Advisors Show Skepticism Towards SEC's Bitcoin ETF Approval
Just 39% of financial advisors believe that the US Securities and Exchange Commission (SEC) will approve a spot Bitcoin ETF this year, according to a recent survey. This skepticism is largely due to the SEC’s h…
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10 months, 3 weeks agoNorth Korean Groups Account for 33% of Crypto Hacks in 2023
Blockchain intelligence firm TRM Labs has revealed that groups associated with the Democratic People’s Republic of Korea (DPRK) were behind approximately 33% of all cryptocurrency thefts through hacks in 2023. T…
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10 months, 3 weeks agoEthereum Whales Accumulate Amid Anticipation of Price Surge
Ethereum whales, individuals or entities holding a significant amount of the digital asset, are making substantial purchases in anticipation of a potential price surge. On-chain data from the past week reveals…
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10 months, 3 weeks agoBitcoin ETF Approval: A Balance of Hope, Patience and Market Volatility
The question of whether the U.S. will approve its first spot Bitcoin ETF this month has divided opinions. While some are optimistic about an imminent approval, others, like Perianne Boring, the visionary behind…
