Telegram bot Banana Gun’s users drained of over $1.9M

September 19, 2024 Coin Telegraph

Telegram bot Banana Gun’s users drained of over .9M

So far, at least 36 victims suffered losses amounting to nearly $2 million worth of Ether.

Users of the Telegram-based cryptocurrency trading bot Banana Gun have been drained of nearly $2 million worth of digital assets.

Banana Gun enables Telegram users to trade on some of the most popular blockchains, such as Ethereum, Solana and Base.

However, at least 11 attackers have drained a collective $1.9 million worth of crypto from the bot’s users, according to onchain security firm Cyvers’ senior Security Operation Center lead, Hakan Unal.

Crypto Whales Load Up 0,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

September 19, 2024 Bitcoin.com

Altcoins

East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major hub due to its unique regulatory framework. Both regions reflect shifting attitudes […]

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Ethereum fractal hints at $3.3K as analyst says its ‘go time’ for ETH price

September 18, 2024 Coin Telegraph

$<div>Ethereum fractal hints at .3K as analyst says its 'go time' for ETH price</div>$

Coin Telegraph

Ethereum’s bullish fractal pattern from 2021 consists of a five-point setup, which ETH is currently mirroring in 2024.

Ethereum’s (ETH) price action has remained underwhelming recently, with a 9% drawdown in September. ETH’s Q3 is en route to becoming the third-worst period in terms of returns since inception.

Yet, favourable technicals are starting to surface for the altcoin as a bullish fractal is reaching a conclusive state.

From a technical standpoint, a market fractal is a historically repetitive pattern that allows traders to identify trend reversals in the charts. Ethereum is currently painting a bullish fractal setup, initially observed in 2021.

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Ethereum ETFs would’ve ‘done better’ if launched in January: Bitstamp exec

September 18, 2024 Coin Telegraph

Bobby Zagotta

Bitstamp’s Bobby Zagotta said Ether ETFs came at a “burdened moment” for risk assets but was optimistic things would pick up at the end of the year.

Spot Ether exchange-traded funds (ETFs) would have fared better if they had launched alongside Bitcoin ETFs in January, says the executive leading Bitstamp’s efforts in the United States.

“I think they have not lived up to expectations, but I attribute that to this moment in time,” Bitstamp CEO for the Americas and global commercial chief Bobby Zagotta told Cointelegraph at TOKEN2049.

Bitcoin (BTC) ETFs launched on Jan. 10, 2024, and accumulated net inflows of $17.5 billion over the course of eight months, according to CoinGlass data.

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Crypto millionaire loses $43 million in Ether-Bitcoin trading bet

September 14, 2024 Coin Telegraph

Crypto millionaire loses million in Ether-Bitcoin trading bet

Aave

Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.

Crypto millionaire James Fickel has suffered losses exceeding $43 million since Jan. 10, as his debt on the decentralized lending platform Aave surged to $132 million.

Fickel, an early Ethereum investor and the founder of longevity research firm Amaranth Foundation lost over $43.7 million by essentially betting on Ether’s price (ETH) against Bitcoin (BTC).

Based on the millionaire’s 2024 investments, Fickel expected Ether price to rise against Bitcoin’s when he first borrowed $172 million worth of Wrapped Bitcoin (WBTC) on Jan. 10, according to a Sept. 14 X post by Lookonchain.

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Bitcoin and Ethereum Fee Drop: The Perfect Time for Cost-Effective Transactions

September 14, 2024 Bitcoin.com

Bitcoin

Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased. With costs now sitting at notable lows, it could be the perfect moment to fine-tune transaction expenses for certain activities or even gather unspent transaction […]

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

3 reasons why Ethereum price has lagged behind Bitcoin in 2024

September 11, 2024 Coin Telegraph

Bitcoin

Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue.

Ether’s (ETH) price is trading around a 40-month low against Bitcoin as it continues to trail BTC’s price performance in 2024.

ETH trades just 0.02% above its Jan. 1 opening, while Bitcoin (BTC) has surged approximately 36% in 2024.

Ether, Bitcoin year-to-date performance. Source: TradingView

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M

September 11, 2024 Bitcoin.com

Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly 7M

Ark Invest

The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz showed that the 12 spot bitcoin ETFs had inflows totaling $116.96 […]

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Bitcoin ETF security concerns mount after FBI warns of North Korean hackers

September 11, 2024 Coin Telegraph

Bitcoin

North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians.

The United States Federal Bureau of Investigation announced on Sept. 3 that North Korean scammers and hackers were targeting firms associated with cryptocurrency-related exchange-traded funds (ETFs).

Despite the billions of dollars flowing into these crypto ETFs, investors may be too quick to assume their assets are fully secure.

North Korean hacker groups such as Lazarus Group are no strangers to the cryptocurrency industry and are suspected of committing a number of hacks against prominent exchanges and blockchain protocols.

Crypto Whales Load Up $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Spot Bitcoin ETFs Snap Outflow Trend With $28.72M Inflows; Ether ETFs Falter

September 10, 2024 Bitcoin.com

Bitcoin

According to the latest data, spot bitcoin exchange-traded funds (ETFs) broke an eight-day outflow streak on Monday, scooping up $28.72 million in fresh investments. Meanwhile, things didn’t look as bright for the nine spot ether ETFs, which saw outflows of $5.2 million during the trading session. Bitcoin ETFs Recover $28.72M in Inflows; Ether ETFs Shed […]

ether

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