Metrics reveal that cryptocurrency premiums in South Korea consistently outpace the global average. As of now, bitcoin exchanges hands at $69,245 per piece globally, while on the South Korean platform Upbit, it’s being traded at $73,513 each. Additionally, March witnessed a notable increase in Upbit’s trade volume, skyrocketing by 172.25% from February’s data. Ethereum, Solana, […] Source: https://news.bitcoin.com/south-koreas-crypto-market-continues-to-defy-global-trends-with-premium-prices/
Month: April 2024
Market of ‘Extreme Greed’ Persists Amid Unprecedented June Bitcoin Perpetual Futures Sell-Off
In the past 24 hours, the cryptocurrency market experienced a modest increase of 2.16% against the U.S. dollar, with bitcoin’s value lingering slightly above the $69,000 threshold. The Crypto Fear and Greed Index (CFGI) indicates that the market’s mood remains in an “extreme greed” phase. Market Sentiment Swings Between ‘Greed’ and ‘Extreme Greed’ Despite Bitcoin’s […] Source: https://news.bitcoin.com/market-of-extreme-greed-persists-amid-unprecedented-june-bitcoin-perpetual-futures-sell-off/
Elon Musk’s Grok AI Chatbot Has Weakest Security, While Meta’s Llama Stands Strong: Researchers
Security researchers put the much-touted guardrails placed around the most popular AI models to see how well they resisted jailbreaking, and tested just how far the chatbots could be pushed into dangerous territory. The experiment determined that Grok—the chatbot with a “fun mode” developed by Elon Musk’s x.AI—was the least safe tool of the bunch. “We wanted to test how…
Former FTX Associates Enter Crosshairs, Bitcoin Halving Inches Closer, and More — Week in Review
After the sentencing of Sam Bankman-Fried to nearly 25 years in prison for his role in FTX’s financial mismanagement, attention shifts to his former associates. The cryptocurrency world eyes the upcoming Bitcoin halving, expected between April 18 to April 22, 2024. Blackrock’s Ishares Bitcoin Trust (IBIT) sees its holdings skyrocket past 252,011 BTC. Ethena announces […] Source: https://news.bitcoin.com/former-ftx-associates-enter-crosshairs-bitcoin-halving-inches-closer-and-more-week-in-review/
This Week In Crypto Twitter: Meme Coins and Base are Booming While Solana Strains
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt Degens and crypto fans were spreading good vibes at the start of the week, which closed out the prior month setting…
South Korea to Unveil Guidelines Barring the Listing of Hacked Coins
South Korean authorities are reportedly planning to release updated guidelines for virtual asset trading. These guidelines will prohibit the listing or relisting of coins that have previously been hacked. Additionally, the guidelines will require issuers of “foreign” virtual assets to release a whitepaper or a technical manual specifically for the Korean market. Guidelines for ‘Foreign’ […] Source: https://news.bitcoin.com/south-korea-to-unveil-guidelines-barring-the-listing-of-hacked-coins/
Bug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million
A bug in the smart contract of Lido’s discontinued Solana staking service is reportedly preventing users from withdrawing digital assets valued at more than $24 million. Lido attributes this issue to “a problem with the maintainer bot and the recent update of rent-exempt terms for Solana staking accounts.” Discontinued Solana Staking Service A suspected bug […] Source: https://news.bitcoin.com/bug-in-discontinued-lido-staking-service-blocks-user-access-to-tokens-valued-at-24-4-million/
Australian Asset Management Firm Transfers Bitcoin ETF Application to Cboe Australia
Monochrome Asset Management, an Australian investment management firm, has transferred its bitcoin exchange-traded fund (ETF) application to Cboe Australia. This move aligns with Monochrome Asset Management’s objective of broadening its footprint in Asian markets. Monochrome’s Commitment to Investors Evident in Application Transfer Monochrome Asset Management, an investment management firm based in Australia, announced on April […] Source: https://news.bitcoin.com/australian-asset-management-firm-transfers-bitcoin-etf-application-to-cboe-australia/
Peng (PENG) Price Prediction 2024 2025 2026 2027
Peng Overview Peng Price Change 24h -15.51% Peng Price Change 7d -44.47% Peng Prediction Table 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2040 2050 April $0.1797 $0.1986 $0.2042 May $0.1971 $0.2065 $0.2142 June $0.2031 $0.2106 $0.2245 July $0.2094 $0.2170 $0.2329 August $0.2137 $0.2213 $0.2416 September $0.2185 $0.2279 $0.2527 October $0.2295 $0.2371 $0.2618 November $0.2371 $0.2465 $0.2713 December…
Grayscale Removes Cardano From Its Crypto Large Cap Fund
Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP, and avalanche. The crypto asset manager also adjusted the holdings of its Smart Contract Platform Ex-Ethereum Fund. Cardano Removed From Grayscale’s Large Cap Fund Grayscale Investments, the world’s largest crypto asset manager, announced Thursday that […] Source: https://news.bitcoin.com/grayscale-removes-cardano-from-its-crypto-large-cap-fund/